Cutler Capital Management

Cutler Capital Management as of Sept. 30, 2019

Portfolio Holdings for Cutler Capital Management

Cutler Capital Management holds 116 positions in its portfolio as reported in the September 2019 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Solvay Bank (SOBS) 7.1 $20M 57k 360.60
Exchange Bank (EXSR) 3.1 $9.0M 56k 159.98
New York Cmnty Cap Tr V unit 99/99/9999 (FLG.PU) 3.0 $8.7M 174k 50.00
MetLife (MET) 3.0 $8.6M 183k 47.16
Lexington Realty Trust (LXP) 3.0 $8.6M 836k 10.25
Bunge Limited 4.875% Cum. Cv. pfd cv 2.7 $7.9M 77k 101.62
General Motors 2.6 $7.6M 203k 37.48
National Health Invs Inc note 2.6 $7.5M 6.2M 1.21
Crown Castle Intl (CCI) 2.5 $7.1M 51k 139.00
Ramco-gershenson Properties Trust perp pfd-d cv 2.2 $6.4M 116k 55.30
Timberland Ban (TSBK) 2.2 $6.3M 229k 27.50
Tyson Foods Inc cnv p 2.1 $6.2M 72k 86.14
Ledyard Financial Group (LFGP) 2.1 $6.1M 297k 20.55
Weyerhaeuser Company (WY) 2.0 $5.9M 215k 27.70
Epr Properties Pfd C 5.75% (EPR.PC) 2.0 $5.9M 178k 33.31
Colony Cap Inc New cl a 1.9 $5.5M 919k 6.02
Colony Finl Inc Sr Nt Conv 3.875% 01/15/21 B/e Dtd 01/28/14 1.9 $5.4M 5.5M 0.99
Apollo Commercial Real Estate Finance Inc note 4.750% 8/2 1.9 $5.4M 5.3M 1.02
Sempra Energy convertible preferred security 1.9 $5.4M 45k 118.21
Dominion Resources (D) 1.8 $5.1M 63k 81.03
Consolidated Tomoka Ld Co note 4.500% 3/1 1.7 $5.0M 4.9M 1.03
Parke Ban (PKBK) 1.7 $5.0M 225k 22.22
F & M Bank Corp Cdt (FMBM) 1.4 $4.2M 162k 25.75
Carriage Svcs Inc note 2.750% 3/1 1.4 $4.0M 3.8M 1.06
Pcb Bancorp (PCB) 1.4 $4.0M 243k 16.45
Ship Finance deb 1.4 $3.9M 3.6M 1.09
Mgm Growth Properties 1.3 $3.7M 124k 30.05
Pattern Energy Group Inc. 4.00% July 15, 2020 ccb 1.2 $3.5M 3.5M 1.01
Atlas Air Ww deb 1.2 $3.4M 4.1M 0.83
Sb Financial (SBFG) 1.1 $3.1M 185k 16.71
Citizens Community Ban (CZWI) 1.0 $3.0M 271k 11.07
Key (KEY) 1.0 $3.0M 166k 17.84
Fortive Corporation convertible preferred security 1.0 $3.0M 3.3k 902.11
Fncb Ban (FNCB) 1.0 $2.9M 376k 7.81
Pfizer (PFE) 1.0 $2.9M 80k 35.92
Ameris Ban (ABCB) 1.0 $2.8M 69k 40.24
Community West Bancshares 0.9 $2.7M 275k 9.89
Ares Capital Corp convertible security 0.9 $2.7M 259k 10.52
Bunge 0.9 $2.7M 47k 56.61
Goldman Sachs deb 0.9 $2.6M 2.6M 1.02
Hannon Armstrong Sust Infr C note 4.125% 9/0 0.8 $2.4M 2.1M 1.12
Bank Of Botetourt Buchanan Va (BORT) 0.8 $2.4M 85k 28.35
Spirit Realty Capital 0.8 $2.4M 50k 47.86
Blue Ridge Bank (BRBS) 0.8 $2.4M 118k 20.00
Centerpnt Enrg Ds Rep 1/20 Srs B Prf 0.8 $2.3M 44k 52.26
Sb Finl Group Inc dep shs pfd 6.5% 0.8 $2.2M 135k 16.50
Radius Health Inc note 3.000% 9/0 0.8 $2.2M 2.4M 0.91
Main Street Banc 0.7 $2.1M 102k 21.05
Northwest Indiana Ban 0.7 $2.1M 48k 44.40
Benchmark Bankshares (BMBN) 0.7 $2.1M 115k 18.30
Medical Property 0.7 $2.0M 104k 19.56
Chesapeake Financial (CPKF) 0.7 $2.0M 81k 24.85
Franklin Financial Services (FRAF) 0.6 $1.8M 52k 35.54
Dominion Resource p 0.6 $1.7M 16k 105.75
Orrstown Financial Services (ORRF) 0.5 $1.5M 70k 21.90
German American Ban (GABC) 0.5 $1.4M 44k 32.05
Potomac Bancsh 0.5 $1.4M 102k 13.93
Apple (AAPL) 0.5 $1.4M 6.2k 223.90
Atlas Air Worldwide Holdings 0.5 $1.4M 55k 25.23
VSB Ban (VSBN) 0.4 $1.3M 63k 20.02
First Business Financial Services (FBIZ) 0.4 $1.3M 53k 24.08
Sanofi-Aventis SA (SNY) 0.4 $1.2M 27k 46.34
First of Long Island Corporation 0.4 $1.2M 53k 22.75
First Community Corporation (FCCO) 0.4 $1.2M 61k 19.48
Somerset Trust (SOME) 0.4 $1.2M 28k 42.50
F&m Bancorp p 0.4 $1.2M 40k 29.75
Merchants Financial (MFGI) 0.4 $1.2M 16k 73.00
Metro Phoenix 0.4 $1.2M 86k 13.42
Wellesley Ban 0.4 $1.1M 36k 31.19
Blackstone Mtg Tr Inc note 4.375% 5/0 0.4 $1.1M 1.0M 1.04
Lexington Rlty Trst Pref 6.50% p (LXP.PC) 0.4 $1.0M 18k 57.50
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.3 $1.0M 78k 12.86
County Bank Corp equity 0.3 $988k 17k 58.47
Petroleum & Res Corp Com cef (PEO) 0.3 $950k 60k 15.83
Csb Bancorp Inc. equities (CSBB) 0.3 $936k 24k 38.68
Prime Meridian Holding Company (PMHG) 0.3 $865k 43k 20.12
Lakeland Ban 0.3 $849k 55k 15.44
Two Rivers Financial (TRVR) 0.3 $777k 26k 30.23
Select Ban 0.3 $742k 64k 11.59
Blackstone Mtg Tr Inc Note 4.750 3/1 bond 0.3 $754k 725k 1.04
First National Corporation (FXNC) 0.2 $732k 40k 18.34
Merck & Co (MRK) 0.2 $673k 8.0k 84.12
Vareit, Inc reits 0.2 $636k 65k 9.78
Mchenry Bancorp 0.2 $630k 7.0M 0.09
Choiceone Fin cmn stk (COFS) 0.2 $604k 20k 29.92
State Bank 0.2 $615k 47k 13.00
Cbb Bancorp Inc equity 0.2 $530k 50k 10.71
Ashford Hospitality Trust 0.2 $503k 152k 3.31
Hci Group Inc note 4.250% 3/0 0.2 $495k 500k 0.99
Pilot Bancshares 0.2 $488k 144k 3.39
Crossfirst Bankshares 0.2 $502k 35k 14.31
Coastal Bank 0.2 $481k 77k 6.25
Hancock Holding Company (HWC) 0.1 $421k 11k 38.27
Riverview Financial 0.1 $414k 36k 11.67
American Rlty Cap Pptys Inc note 3.750%12/1 0.1 $414k 410k 1.01
Spirit Rlty Cap Inc New Note cb 0.1 $398k 390k 1.02
Fentura Financial 0.1 $371k 18k 20.61
Citizens Bancorp Va (CZBT) 0.1 $364k 15k 24.27
Pinnacle Bankshares (PPBN) 0.1 $317k 10k 31.52
CenterState Banks 0.1 $292k 12k 23.96
Seacoast Bkg Corp Fla (SBCF) 0.1 $288k 11k 25.26
Steuben Tr Co Hornell N Y 0.1 $266k 6.1k 43.55
Envestnet Inc note 1.750%12/1 0.1 $250k 245k 1.02
People's United Financial 0.1 $219k 14k 15.64
Financial Institutions (FISI) 0.1 $226k 7.5k 30.13
Exelixis (EXEL) 0.1 $221k 13k 17.68
Global Partners (GLP) 0.1 $227k 12k 19.57
Colony Finl Inc note 5.00% 0.1 $230k 235k 0.98
Grand Mountain 0.1 $235k 118k 2.00
Berkshire Hathaway (BRK.B) 0.1 $166k 800.00 207.50
Teva Pharmaceutical Industries (TEVA) 0.1 $172k 25k 6.88
CCFNB Ban (CCFN) 0.1 $148k 3.0k 49.33
JPMorgan Chase & Co. (JPM) 0.0 $118k 1.0k 118.00
United Technologies Corporation 0.0 $109k 800.00 136.25
Tpg Specialty Lending In conv 0.0 $106k 105k 1.01
Us Metro Bank 0.0 $109k 30k 3.63