Cutler Capital Management

Cutler Capital Management as of Dec. 31, 2017

Portfolio Holdings for Cutler Capital Management

Cutler Capital Management holds 102 positions in its portfolio as reported in the December 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Lexington Realty Trust (LXP) 5.8 $15M 1.5M 9.65
National Health Invs Inc note 3.7 $9.3M 8.3M 1.12
New York Cmnty Cap Tr V unit 99/99/9999 (FLG.PU) 3.6 $9.1M 180k 50.73
Ramco-gershenson Pptys Tr perp pfd-d cv 3.5 $8.9M 155k 57.66
Colony Finl Inc Sr Nt Conv 3.875% 01/15/21 B/e Dtd 01/28/14 3.2 $8.2M 8.3M 0.99
MetLife (MET) 3.2 $8.1M 159k 50.56
General Motors 3.1 $7.8M 190k 40.99
Timberland Ban (TSBK) 3.0 $7.6M 286k 26.55
Crown Castle Intl (CCI) 3.0 $7.6M 68k 111.00
Hci Group deb 3.0 $7.6M 7.7M 0.98
Exchange Bank (EXSR) 3.0 $7.4M 49k 152.00
Sanofi-Aventis SA (SNY) 2.7 $6.8M 158k 43.00
Ship Finance International sr cv nt 2.6 $6.5M 5.6M 1.16
Ledyard Financial Group (LFGP) 2.5 $6.3M 293k 21.60
Consolidated Tomoka Ld Co note 4.500% 3/1 2.2 $5.7M 5.1M 1.11
Cowen Group Inc New note 3.000% 3/1 2.2 $5.6M 5.5M 1.02
Weyerhaeuser Company (WY) 2.1 $5.4M 154k 35.26
F & M Bank Corp Cdt (FMBM) 2.1 $5.4M 163k 33.10
Pattern Energy Group Inc. 4.00% July 15, 2020 ccb 2.1 $5.4M 5.3M 1.01
Carriage Svcs Inc note 2.750% 3/1 1.9 $4.9M 3.9M 1.25
Spirit Realty Capital Inc convertible cor 1.9 $4.8M 4.8M 1.00
Epr Properties Pfd C 5.75% (EPR.PC) 1.9 $4.8M 178k 26.91
Tyson Foods Inc cnv p 1.8 $4.5M 55k 81.06
Fidelity Southern Corporation 1.7 $4.2M 194k 21.80
Pacific City 1.6 $4.0M 251k 15.86
Shutterfly Inc note 0.250% 5/1 1.5 $3.7M 3.7M 0.99
Dominion Resource p 1.4 $3.7M 71k 51.65
Apple (AAPL) 1.2 $3.0M 18k 169.20
Ford Motor Company (F) 1.2 $3.0M 239k 12.49
Apollo Commercial Real Estate Finance Inc note 4.750% 8/2 1.2 $2.9M 2.9M 1.02
Ares Capital Corporation convertible cor 1.1 $2.9M 2.9M 1.00
American Rlty Cap Pptys Inc note 3.000% 8/0 1.0 $2.6M 2.6M 1.00
Spirit Realty reit 1.0 $2.5M 286k 8.58
Radius Health Inc note 3.000% 9/0 0.9 $2.4M 2.5M 0.94
Dominion Mid Stream 0.8 $2.1M 70k 30.45
Benchmark Bankshares (BMBN) 0.8 $2.0M 103k 19.50
Colony Finl Inc note 5.00% 0.8 $1.9M 1.9M 1.03
Welltower Inc 6.50% pfd prepet 0.7 $1.9M 31k 59.88
Hci (HCI) 0.7 $1.8M 61k 29.90
Seacoast Bkg Corp Fla (SBCF) 0.7 $1.8M 71k 25.21
Royal Gold Inc conv 0.7 $1.7M 1.6M 1.07
Anthem Inc conv p 0.7 $1.7M 30k 56.01
Lexington Rlty Trst Pref 6.50% p (LXP.PC) 0.7 $1.6M 32k 51.32
Ashford Hospitality Trust 0.6 $1.6M 241k 6.73
Community West Bancshares 0.6 $1.5M 142k 10.65
New York Community Ban 0.6 $1.5M 114k 13.02
Atlas Air Worldwide Hldgs In note 2.250% 6/0 0.6 $1.5M 1.3M 1.15
Medical Property 0.6 $1.5M 107k 13.78
F&m Bancorp p 0.6 $1.5M 40k 36.65
Pfizer (PFE) 0.6 $1.4M 40k 36.22
Citizens First 0.6 $1.4M 59k 24.00
Solvay Bank (SOBS) 0.6 $1.4M 36k 39.31
Macquarie Infrastructure Company 0.5 $1.3M 21k 64.20
Jefferies Group Inc New dbcv 3.875%11/0 0.5 $1.2M 1.2M 1.00
Vareit, Inc reits 0.4 $1.0M 128k 7.79
First Business Financial Services (FBIZ) 0.4 $995k 45k 22.11
Sb Finl Group Inc dep shs pfd 6.5% 0.4 $992k 55k 17.90
Exelixis (EXEL) 0.4 $912k 30k 30.40
Blackstone 0.3 $864k 27k 32.00
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.3 $869k 66k 13.18
Exelon p 0.3 $839k 21k 39.42
Johnson Controls 0.3 $800k 21k 38.10
American Axle & Manufact. Holdings (AXL) 0.3 $800k 47k 17.02
Fidelity D + D Bncrp (FDBC) 0.3 $811k 20k 41.27
General Mtrs Co *w exp 07/10/201 0.3 $749k 32k 23.41
Cit 0.3 $679k 14k 49.20
Vistaoutdoor (VSTO) 0.3 $692k 48k 14.57
Byline Ban (BY) 0.3 $652k 28k 22.96
Genworth Financial (GNW) 0.2 $622k 200k 3.11
Jpmorgan Chase & Co. w exp 10/201 0.2 $598k 9.0k 66.44
Colony Northstar 0.2 $615k 54k 11.41
Goldman Sachs deb 0.2 $618k 600k 1.03
Capital One Financial Cor w exp 11/201 0.2 $580k 10k 58.00
New Gold Inc Cda (NGD) 0.2 $526k 160k 3.29
Xerox 0.2 $495k 17k 29.12
Eqt 0.2 $484k 8.5k 56.94
Merck & Co (MRK) 0.2 $450k 8.0k 56.25
Ares Capital Corp conv 0.2 $454k 445k 1.02
Arconic 0.1 $385k 14k 27.27
Summit State Bank (SSBI) 0.1 $343k 27k 12.58
American Rlty Cap Pptys Inc note 3.750%12/1 0.1 $366k 355k 1.03
Spirit Rlty Cap Inc New Note cb 0.1 $355k 345k 1.03
Envestnet Inc note 1.750%12/1 0.1 $355k 345k 1.03
Cenovus Energy (CVE) 0.1 $287k 32k 9.11
Bank of the Ozarks 0.1 $276k 5.7k 48.42
SPDR Barclays Capital Convertible SecETF (CWB) 0.1 $289k 5.7k 50.51
Chart Industries 2% conv 0.1 $289k 289k 1.00
Macquarie Infrastructure conv 0.1 $288k 280k 1.03
Chesapeake Energy Corporation 0.1 $261k 66k 3.95
Oxbridge Re Holdings (OXBR) 0.1 $258k 120k 2.15
Global Partners (GLP) 0.1 $235k 14k 16.67
Sb Financial (SBFG) 0.1 $224k 12k 18.50
Advaxis 0.1 $215k 76k 2.83
Aurinia Pharmaceuticals (AUPH) 0.1 $226k 50k 4.52
California First National Ban (CFNB) 0.1 $197k 13k 15.09
Parke Ban (PKBK) 0.1 $208k 10k 20.51
Financial Institutions (FISI) 0.1 $187k 6.0k 31.17
Pattern Energy 0.1 $161k 7.5k 21.47
Teva Pharmaceutical Industries (TEVA) 0.1 $133k 7.0k 19.00
GameStop (GME) 0.1 $126k 7.0k 18.00
Apollo Coml Real Estate Fin Inc Sr Nt Conv 5.500% 03/15/19 B/e Dtd 03/17/14 0.0 $103k 95k 1.08
Navient Corporation equity (NAVI) 0.0 $113k 8.5k 13.29