Cutler Capital Management

Cutler Capital Management as of March 31, 2020

Portfolio Holdings for Cutler Capital Management

Cutler Capital Management holds 100 positions in its portfolio as reported in the March 2020 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exchange Bank (EXSR) 4.2 $8.4M 62k 134.98
New York Cmnty Cap Tr V unit 99/99/9999 (FLG.PU) 3.6 $7.0M 170k 41.31
Bunge Limited 4.875% Cum. Cv. pfd cv 3.3 $6.4M 69k 92.99
National Health Invs Inc note 2.9 $5.8M 6.2M 0.94
MetLife (MET) 2.9 $5.7M 186k 30.57
Ledyard Financial Group (LFGP) 2.8 $5.5M 299k 18.50
Centerpnt Enrg Ds Rep 1/20 Srs B Prf 2.6 $5.1M 177k 28.80
Lexington Realty Trust (LXP) 2.5 $5.0M 499k 9.93
Tyson Foods Inc cnv p 2.5 $4.8M 84k 57.87
Fortive Corporation convertible preferred security 2.4 $4.8M 6.6k 719.79
Crown Castle Intl (CCI) 2.4 $4.7M 32k 144.40
Timberland Ban (TSBK) 2.3 $4.6M 251k 18.29
Dominion Resources (D) 2.3 $4.5M 63k 72.19
Colony Finl Inc Sr Nt Conv 3.875% 01/15/21 B/e Dtd 01/28/14 2.3 $4.5M 5.5M 0.82
Apollo Commercial Real Estate Finance Inc note 4.750% 8/2 2.2 $4.4M 6.3M 0.69
Pfizer (PFE) 2.0 $4.0M 122k 32.64
Weyerhaeuser Company (WY) 1.9 $3.7M 219k 16.95
Carriage Svcs Inc note 2.750% 3/1 1.8 $3.6M 3.8M 0.95
Sb Financial (SBFG) 1.8 $3.6M 321k 11.12
Parke Ban (PKBK) 1.7 $3.4M 250k 13.49
Ramco-gershenson Properties Trust perp pfd-d cv 1.7 $3.3M 108k 30.60
Ship Finance deb 1.7 $3.3M 3.6M 0.92
Atlas Air Ww deb 1.7 $3.3M 4.0M 0.82
F & M Bank Corp Cdt (FMBM) 1.6 $3.1M 159k 19.75
Intl Flavors 1.5 $2.9M 77k 38.18
Epr Properties Pfd C 5.75% (EPR.PC) 1.4 $2.8M 174k 15.79
Chesapeake Financial (CPKF) 1.3 $2.6M 157k 16.75
Goldman Sachs deb 1.3 $2.5M 2.6M 0.97
Pcb Bancorp (PCB) 1.2 $2.4M 242k 9.78
Hci Group Inc note 4.250% 3/0 1.2 $2.3M 2.3M 1.01
Dominion Energy Inc unit 99/99/9999 1.2 $2.3M 25k 92.02
Ares Capital Corp convertible security 1.1 $2.2M 2.6M 0.87
Fncb Ban (FNCB) 1.1 $2.2M 318k 6.91
Northwest Indiana Ban 1.1 $2.1M 68k 31.50
Medical Property 1.1 $2.1M 122k 17.29
Hannon Armstrong Sust Infr C note 4.125% 9/0 1.0 $2.0M 2.1M 0.95
Bunge 1.0 $2.0M 48k 41.04
Blue Ridge Bank (BRBS) 1.0 $2.0M 123k 15.95
Key (KEY) 1.0 $1.9M 186k 10.37
Bank Of Botetourt Buchanan Va (BORT) 0.9 $1.8M 85k 21.55
Solvay Bank (SOBS) 0.9 $1.8M 60k 30.00
Community West Bancshares 0.9 $1.7M 278k 6.09
Radius Health Inc note 3.000% 9/0 0.9 $1.7M 2.4M 0.71
Colony Cap Inc New cl a 0.8 $1.7M 958k 1.75
Benchmark Bankshares (BMBN) 0.8 $1.7M 124k 13.35
Ameris Ban (ABCB) 0.8 $1.6M 69k 23.76
General Motors 0.8 $1.5M 74k 20.77
Citizens Community Ban (CZWI) 0.8 $1.5M 235k 6.45
Sempra Energy convertible preferred security 0.7 $1.4M 16k 92.50
Franklin Financial Services (FRAF) 0.7 $1.4M 52k 27.45
Metro Phoenix 0.7 $1.4M 141k 9.95
Cown 5 5/8 conv prf 0.7 $1.3M 2.0k 668.00
Sempra Energy Pfd Class B 6.75% cnv pfd b 0.7 $1.3M 14k 93.91
Spirit Realty Capital 0.7 $1.3M 50k 26.14
F&m Bancorp p 0.6 $1.2M 40k 30.57
German American Ban (GABC) 0.6 $1.2M 45k 27.46
Choiceone Fin cmn stk (COFS) 0.6 $1.2M 47k 25.38
Blackstone Mtg Tr Inc Note 4.750 3/1 bond 0.6 $1.2M 1.5M 0.78
Delta Air Lines (DAL) 0.6 $1.1M 40k 28.52
Merchants Financial (MFGI) 0.5 $1.1M 18k 60.28
Csb Bancorp Inc. equities (CSBB) 0.5 $1.0M 30k 34.00
Wellesley Ban 0.5 $1.0M 37k 27.55
Orrstown Financial Services (ORRF) 0.5 $968k 70k 13.77
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.5 $968k 80k 12.09
First of Long Island Corporation 0.5 $960k 55k 17.34
First Community Corporation (FCCO) 0.5 $959k 61k 15.72
Merck & Co (MRK) 0.5 $923k 12k 76.92
Somerset Trust (SOME) 0.4 $844k 25k 33.50
Blackstone Mtg Tr Inc note 4.375% 5/0 0.4 $825k 1.0M 0.79
First Business Financial Services (FBIZ) 0.4 $814k 53k 15.50
South Jersey Inds Inc unit 99/99/9999 0.4 $752k 18k 41.58
First Choice Bancorp 0.4 $735k 49k 15.00
First National Corporation (FXNC) 0.4 $728k 49k 15.01
Mainstreet Bancshares (MNSB) 0.3 $670k 40k 16.75
VSB Ban (VSBN) 0.3 $598k 30k 20.00
Lakeland Ban 0.3 $595k 55k 10.82
Mchenry Bancorp 0.3 $560k 7.0M 0.08
Prime Meridian Holding Company (PMHG) 0.3 $508k 36k 14.04
First National Bank Alaska (FBAK) 0.2 $484k 2.4k 201.67
Allscripts Healthcare So conv 0.2 $466k 485k 0.96
Petroleum & Res Corp Com cef (PEO) 0.2 $456k 55k 8.29
Lexington Rlty Trst Pref 6.50% p (LXP.PC) 0.2 $440k 10k 44.00
Fentura Financial 0.2 $412k 27k 15.26
Potomac Bancsh 0.2 $391k 38k 10.39
Citizens Bancorp Va (CZBT) 0.2 $333k 18k 18.50
Financial Institutions (FISI) 0.2 $327k 18k 18.17
CenterState Banks 0.2 $313k 18k 17.21
First Horizon National Corporation (FHN) 0.2 $302k 38k 8.05
Hancock Holding Company (HWC) 0.1 $244k 13k 19.52
Berkshire Hathaway (BRK.B) 0.1 $238k 1.3k 183.08
Pinnacle Bankshares (PPBN) 0.1 $224k 10k 22.28
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $215k 1.9k 113.16
People's United Financial 0.1 $215k 20k 11.03
PIMCO Intermediate Mun Bond Strat Fund (MUNI) 0.1 $207k 3.8k 54.47
American Rlty Cap Pptys Inc note 3.750%12/1 0.1 $200k 205k 0.98
Colony Finl Inc note 5.00% 0.1 $193k 235k 0.82
Seacoast Bkg Corp Fla (SBCF) 0.1 $183k 10k 18.30
Vareit, Inc reits 0.1 $147k 30k 4.90
Enable Midstream 0.1 $104k 41k 2.56
Global Partners (GLP) 0.1 $102k 12k 8.79