Cutler Capital Management

Cutler Capital Management as of Sept. 30, 2013

Portfolio Holdings for Cutler Capital Management

Cutler Capital Management holds 104 positions in its portfolio as reported in the September 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Lexington Realty Trust (LXP) 5.9 $15M 1.3M 11.23
Goodyear Tire Rubr Pfd 5.875% p 5.5 $14M 212k 63.68
General Mtrs Co jr pfd cnv srb 4.7 $12M 234k 50.15
MetLife (MET) 4.7 $12M 249k 46.95
American Rlty Cap Pptys Inc note 3.000% 8/0 4.4 $11M 11M 0.95
Lexington Rlty Trst Pref 6.50% p (LXP.PC) 4.0 $10M 218k 45.85
Ramco-gershenson Pptys Tr perp pfd-d cv 3.8 $9.4M 160k 58.84
Synovus Financial 3.8 $9.4M 2.8M 3.30
Sanofi-Aventis SA (SNY) 3.7 $9.1M 179k 50.63
Metlife Inc 5% 10/0/14 Conv Pr cv prf 3.2 $7.8M 274k 28.66
Merck & Co (MRK) 2.9 $7.3M 153k 47.61
New York Community Ban 2.8 $6.8M 452k 15.11
National-Oilwell Var 2.6 $6.5M 84k 78.10
Pfizer (PFE) 2.5 $6.3M 219k 28.72
Hci (HCI) 2.5 $6.1M 150k 40.84
L-3 Communications Corp debt 3.000% 8/0 2.4 $5.9M 5.5M 1.09
Ensco Plc Shs Class A 2.4 $5.9M 110k 53.75
Annaly Cap Mgmt Inc note 4.000% 2/1 2.2 $5.4M 5.0M 1.09
Omnicare Cap Tr Ii pfd b tr 4.00% 2.0 $4.9M 72k 68.27
Tower Group deb 1.6 $4.1M 4.8M 0.84
Annaly Cap Mgmt Inc note 5.000% 5/1 1.6 $3.9M 3.9M 1.02
X 2 3/4 04/01/19 1.6 $3.9M 3.5M 1.11
Apache Corporation 1.6 $3.9M 45k 85.13
Unisys Corp 6.25% Cv Pfd A cvp 1.5 $3.7M 54k 69.25
Omnicare Cap Tr I piers 1.5 $3.7M 35k 105.24
Old Republic Intl Corp note 1.4 $3.4M 2.9M 1.18
Exelixis Inc cnv 1.3 $3.2M 2.8M 1.17
Apple (AAPL) 1.3 $3.2M 6.7k 476.77
Kohl's Corporation (KSS) 1.2 $2.9M 56k 51.74
Epr Properties Pfd C 5.75% (EPR.PC) 1.1 $2.7M 129k 21.30
Health Care Reit Pfd I 6.5% 0.9 $2.3M 39k 57.56
Old Republic International Corporation (ORI) 0.8 $2.0M 130k 15.40
Novartis (NVS) 0.7 $1.6M 21k 76.69
Capital One Financial Cor w exp 11/201 0.7 $1.6M 55k 29.09
Proshares 0.6 $1.5M 20k 75.24
Verizon Communications (VZ) 0.5 $1.3M 27k 46.66
At&t (T) 0.5 $1.2M 37k 33.81
American Realty Capital Prop 0.5 $1.2M 95k 12.20
PPL Corporation (PPL) 0.5 $1.1M 37k 30.37
Enersys note 3.375% 6/0 0.4 $930k 600k 1.55
Chesapeake Energy Corporation 0.4 $916k 35k 25.88
Omnicare Inc dbcv 3.250%12/1 0.3 $858k 809k 1.06
Citigroup (C) 0.3 $877k 18k 48.50
Swiss Helvetia Fund (SWZ) 0.3 $853k 60k 14.22
General Mtrs Co *w exp 07/10/201 0.3 $831k 45k 18.59
United Technol conv prf 0.3 $766k 12k 64.78
Xilinx Inc sdcv 3.125% 3/1 0.3 $729k 450k 1.62
Goldcorp Inc New note 2.000% 8/0 0.3 $687k 680k 1.01
Ppl Corporation 8.75% pfd cv 0.3 $696k 13k 53.75
Thompson Creek Metal unit 99/99/9999 0.3 $688k 37k 18.49
Intel 0.3 $704k 31k 22.90
Ford Motor Company (F) 0.3 $673k 40k 16.87
Aspen Insurance Holdings 0.3 $665k 18k 36.30
Apollo Invt Corp note 5.750% 1/1 0.3 $651k 620k 1.05
Arcelormittal Sa Luxembourg note 5.000% 5/1 0.2 $612k 600k 1.02
Archer Daniels Midland Co note 0.875% 2/1 0.2 $593k 581k 1.02
Newmont Mining Corporation (NEM) 0.2 $593k 21k 28.10
Nicholas Financial 0.2 $601k 37k 16.29
Comtech Telecommunications Cor conv 0.2 $592k 580k 1.02
Cemex Sab conv 0.2 $590k 500k 1.18
Bristow Group Inc note 3.000% 6/1 0.2 $535k 435k 1.23
Steel Dynamics Inc note 5.125% 6/1 0.2 $545k 500k 1.09
Linear Technology Corp note 3.000% 5/0 0.2 $535k 500k 1.07
Caterpillar (CAT) 0.2 $542k 6.5k 83.38
Jpmorgan Chase & Co. w exp 10/201 0.2 $545k 33k 16.77
Ny Comm Banc p 0.2 $536k 11k 48.56
Chemed Corp New note 1.875% 5/1 0.2 $525k 500k 1.05
Chesapeake Energy Corp note 2.750%11/1 0.2 $515k 500k 1.03
Live Nation Entertainment In note 2.875% 7/1 0.2 $510k 500k 1.02
ConocoPhillips (COP) 0.2 $521k 7.5k 69.47
United States Stl Corp New note 4.000% 5/1 0.2 $510k 500k 1.02
GAME Technolog debt 0.2 $507k 457k 1.11
Tibco Software Inc. 2.25 05-01 conv 0.2 $510k 500k 1.02
Hologic deb 0.2 $510k 500k 1.02
Cogent Comm Group Inc note 1.000% 6/1 0.2 $500k 500k 1.00
General Cable Corp Del New note 0.875%11/1 0.2 $500k 500k 1.00
Cadence Design Sys Inc 1.5 12- convert 0.2 $500k 500k 1.00
Rovi Corp conv 0.2 $500k 500k 1.00
Digital River 2% 11/1/30 conv 0.2 $495k 500k 0.99
Quantum Corp note 3.500%11/1 0.2 $475k 500k 0.95
Alliant Techsystems Inc note 3.000% 8/1 0.2 $449k 340k 1.32
SandRidge Energy 0.2 $418k 71k 5.85
Ttm Technologies Inc note 3.250% 5/1 0.2 $408k 400k 1.02
Western Union Company (WU) 0.1 $373k 20k 18.65
Microsoft Corporation (MSFT) 0.1 $318k 9.6k 33.30
BB&T Corporation 0.1 $287k 8.5k 33.76
Xerox Corporation 0.1 $309k 30k 10.30
Proshares Tr shrt hgh yield (SJB) 0.1 $305k 10k 30.50
Zoetis Inc Cl A (ZTS) 0.1 $308k 9.9k 31.07
Freeport-McMoRan Copper & Gold (FCX) 0.1 $264k 8.0k 33.00
General Mtrs Co *w exp 07/10/201 0.1 $264k 10k 26.40
Valero Energy Corporation (VLO) 0.1 $256k 7.5k 34.13
Hess (HES) 0.1 $251k 3.3k 77.23
Powershares Senior Loan Portfo mf 0.1 $248k 10k 24.70
Marathon Petroleum Corp (MPC) 0.1 $257k 4.0k 64.25
JPMorgan Chase & Co. (JPM) 0.1 $216k 4.2k 51.55
Chevron Corporation (CVX) 0.1 $212k 1.7k 121.49
Wells Fargo & Company (WFC) 0.1 $211k 5.1k 41.37
Lam Research Corp note 0.500% 5/1 0.1 $226k 200k 1.13
Jns 3.25% 7/15/2014 note 0.1 $186k 182k 1.02
Bank of America Corporation (BAC) 0.1 $172k 13k 13.76
Exxon Mobil Corporation (XOM) 0.1 $128k 1.5k 85.91
Praxair 0.1 $127k 1.1k 119.81
Corning Incorporated (GLW) 0.0 $102k 7.0k 14.57