Cutler Capital Management

Cutler Capital Management as of Dec. 31, 2019

Portfolio Holdings for Cutler Capital Management

Cutler Capital Management holds 110 positions in its portfolio as reported in the December 2019 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exchange Bank (EXSR) 3.7 $10M 58k 179.00
MetLife (MET) 3.3 $9.3M 183k 50.97
New York Cmnty Cap Tr V unit 99/99/9999 (NYCB.PU) 3.1 $8.8M 174k 50.70
Ledyard Financial Group (LFGP) 2.6 $7.4M 299k 24.90
National Health Invs Inc note 2.6 $7.4M 6.2M 1.20
General Motors 2.5 $7.2M 198k 36.60
Crown Castle Intl (CCI) 2.5 $7.2M 51k 142.14
Lexington Realty Trust (LXP) 2.5 $7.1M 666k 10.62
Timberland Ban (TSBK) 2.5 $7.0M 234k 29.74
Ramco-gershenson Properties Trust perp pfd-d cv 2.4 $6.8M 114k 59.86
Centerpnt Enrg Ds Rep 1/20 Srs B Prf 2.4 $6.8M 139k 48.74
Bunge Limited 4.875% Cum. Cv. pfd cv 2.4 $6.8M 66k 102.51
Tyson Foods Inc cnv p 2.3 $6.6M 73k 91.04
Weyerhaeuser Company (WY) 2.2 $6.4M 212k 30.20
Sb Financial (SBFG) 2.2 $6.3M 320k 19.69
Mgm Growth Properties 2.1 $5.9M 190k 30.97
Parke Ban (PKBK) 2.0 $5.7M 255k 22.41
Apollo Commercial Real Estate Finance Inc note 4.750% 8/2 2.0 $5.7M 5.7M 1.00
Epr Properties Pfd C 5.75% (EPR.PC) 2.0 $5.6M 178k 31.40
Dominion Resources (D) 1.8 $5.2M 63k 82.83
Fortive Corporation convertible preferred security 1.8 $5.2M 5.3k 972.76
Colony Finl Inc Sr Nt Conv 3.875% 01/15/21 B/e Dtd 01/28/14 1.8 $5.0M 5.5M 0.92
Consolidated Tomoka Ld Co note 4.500% 3/1 1.7 $4.9M 4.9M 1.01
F & M Bank Corp Cdt (FMBM) 1.6 $4.7M 162k 29.00
Pfizer (PFE) 1.6 $4.6M 118k 39.18
Carriage Svcs Inc note 2.750% 3/1 1.6 $4.6M 3.8M 1.23
Colony Cap Inc New cl a 1.6 $4.4M 932k 4.75
Pcb Bancorp (PCB) 1.5 $4.2M 243k 17.28
Ship Finance deb 1.4 $4.0M 3.6M 1.13
Key (KEY) 1.2 $3.3M 165k 20.24
Atlas Air Ww deb 1.2 $3.4M 4.0M 0.84
Pattern Energy Group Inc. 4.00% July 15, 2020 ccb 1.1 $3.2M 2.3M 1.40
Citizens Community Ban (CZWI) 1.1 $3.2M 260k 12.22
Community West Bancshares 1.1 $3.1M 275k 11.10
Ameris Ban (ABCB) 1.0 $3.0M 69k 42.54
Fncb Ban (FNCB) 1.0 $2.9M 343k 8.45
Northwest Indiana Ban 1.0 $2.9M 63k 45.90
Ares Capital Corp convertible security 1.0 $2.7M 259k 10.61
Bunge 1.0 $2.7M 47k 57.54
Chesapeake Financial (CPKF) 0.9 $2.7M 113k 24.00
Goldman Sachs deb 0.9 $2.6M 2.6M 1.03
Hannon Armstrong Sust Infr C note 4.125% 9/0 0.9 $2.6M 2.1M 1.21
Blue Ridge Bank (BRBS) 0.9 $2.6M 123k 20.95
Bank Of Botetourt Buchanan Va (BORT) 0.9 $2.5M 85k 29.29
Spirit Realty Capital 0.9 $2.4M 50k 49.18
Dominion Energy Inc unit 99/99/9999 0.8 $2.3M 22k 107.00
Medical Property 0.8 $2.2M 104k 21.11
Benchmark Bankshares (BMBN) 0.8 $2.2M 115k 19.10
Solvay Bank (SOBS) 0.8 $2.1M 57k 37.49
Radius Health Inc note 3.000% 9/0 0.7 $2.0M 2.4M 0.85
Franklin Financial Services (FRAF) 0.7 $2.0M 52k 38.69
Mainstreet Bancshares (MNSB) 0.6 $1.8M 79k 23.00
Wellesley Ban 0.6 $1.6M 36k 45.26
Choiceone Fin cmn stk (COFS) 0.6 $1.6M 51k 31.96
German American Ban (GABC) 0.6 $1.6M 45k 35.62
Orrstown Financial Services (ORRF) 0.6 $1.6M 70k 22.62
Potomac Bancsh 0.5 $1.4M 102k 14.10
First of Long Island Corporation (FLIC) 0.5 $1.4M 56k 25.08
First Business Financial Services (FBIZ) 0.5 $1.4M 53k 26.32
Metro Phoenix 0.5 $1.4M 94k 14.60
First Community Corporation (FCCO) 0.5 $1.3M 61k 21.61
Merchants Financial (MFGI) 0.5 $1.3M 18k 73.37
F&m Bancorp p 0.5 $1.3M 40k 31.70
First Choice Bancorp 0.4 $1.3M 47k 26.97
Somerset Trust (SOME) 0.4 $1.2M 28k 44.00
Csb Bancorp Inc. equities (CSBB) 0.4 $1.2M 30k 40.23
Blackstone Mtg Tr Inc note 4.375% 5/0 0.4 $1.1M 1.0M 1.06
Sempra Energy convertible preferred security 0.4 $1.1M 9.1k 120.00
Apple (AAPL) 0.4 $1.1M 6.2k 176.59
Hci Group Inc note 4.250% 3/0 0.4 $1.1M 1.1M 1.02
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.4 $1.0M 79k 12.85
Lakeland Ban (LBAI) 0.3 $956k 55k 17.38
First National Corporation (FXNC) 0.3 $877k 41k 21.39
Prime Meridian Holding Company (PMHG) 0.3 $882k 43k 20.51
Petroleum & Res Corp Com cef (PEO) 0.3 $823k 50k 16.46
Merck & Co (MRK) 0.3 $764k 8.4k 90.95
Blackstone Mtg Tr Inc Note 4.750 3/1 bond 0.3 $776k 725k 1.07
Fentura Financial (FETM) 0.2 $681k 27k 25.22
Delta Air Lines (DAL) 0.2 $661k 11k 58.50
Atlas Air Worldwide Holdings 0.2 $639k 23k 27.55
Mchenry Bancorp 0.2 $630k 7.0M 0.09
Lexington Rlty Trst Pref 6.50% p (LXP.PC) 0.2 $606k 11k 57.02
Pilot Bancshares 0.2 $500k 144k 3.47
Crossfirst Bankshares (CFB) 0.2 $506k 35k 14.42
First National Bank Alaska (FBAK) 0.2 $486k 2.0k 243.00
Hancock Holding Company (HWC) 0.2 $483k 11k 43.91
Allscripts Healthcare So conv 0.2 $480k 485.00 989.69
Ashford Hospitality Trust 0.1 $424k 152k 2.79
American Rlty Cap Pptys Inc note 3.750%12/1 0.1 $389k 385k 1.01
Grand Mountain 0.1 $391k 118k 3.32
Spirit Rlty Cap Inc New Note cb 0.1 $380k 365k 1.04
Citizens Bancorp Va (CZBT) 0.1 $379k 15k 25.27
Financial Institutions (FISI) 0.1 $353k 11k 32.09
CenterState Banks 0.1 $344k 14k 24.95
Seacoast Bkg Corp Fla (SBCF) 0.1 $349k 11k 30.61
Pinnacle Bankshares (PPBN) 0.1 $307k 10k 30.53
People's United Financial 0.1 $270k 16k 16.88
Berkshire Hathaway (BRK.B) 0.1 $294k 1.3k 226.15
Vareit, Inc reits 0.1 $277k 30k 9.23
CCFNB Ban (CCFN) 0.1 $257k 5.3k 48.72
Enable Midstream 0.1 $267k 27k 10.04
Global Partners (GLP) 0.1 $234k 12k 20.17
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $216k 1.9k 113.68
Colony Finl Inc note 5.00% 0.1 $235k 235k 1.00
PIMCO Intermediate Mun Bond Strat Fund (MUNI) 0.1 $210k 3.8k 55.26
Select Ban 0.1 $187k 15k 12.33
Exelixis (EXEL) 0.1 $176k 10k 17.60
JPMorgan Chase & Co. (JPM) 0.1 $141k 1.0k 139.05
United Technologies Corporation 0.0 $120k 800.00 150.00
PPL Corporation (PPL) 0.0 $108k 3.0k 36.00