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Portfolio (Quarterly) Guide ↗

Cutler Capital Management, LLC

· CIK 0001353098
13F Portfolio $369.9B AUM 116 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 3 New 30 Added 35 Reduced 9 Exited
Page 1 of 6  ·  116 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 AEM AGNICO-EAGLE Basic Materials 118,598.0 $24.1M 6.51% -2K -1.3% $202.98 -11.2%
2 MET METLIFE INC Financial Services 175,759.0 $12.4M 3.36% +10K +5.8% $70.72 +12.0%
3 CTO CTO REALTY GRW Real Estate 659,370.0 $12.2M 3.30% -4K -0.6% $18.49 +8.6%
4 TSBK TIMBERLAND BANC Financial Services 291,202.0 $11.5M 3.10% $39.43 +0.4%
5 EXCHANGE BANK 75,781.0 $11.0M 2.98% $145.60
6 SHEL SHELL PLC Energy 110,701.0 $10.3M 2.78% -625.0 -0.6% $93.00 -9.1%
7 BUNGE LIMITED 79,360.0 $10.1M 2.73% -560.0 -0.7% $127.20
8 FENY FIDELITY CVNGTN 267,315.0 $9.1M 2.46% -8K -2.9% $34.02 -2.6%
9 PKBK PARKE BANCORP Financial Services 317,426.0 $9.0M 2.44% $28.40 +6.6%
10 FBIZ FIRST BUSINESS Financial Services 154,590.0 $8.3M 2.25% +805.0 +0.5% $53.93 +1.8%
11 SBFG SB FINANCIAL Financial Services 390,137.0 $8.2M 2.21% $21.00 +1.2%
12 SIRIUS XM HLDNGS 7,223,000.0 $7.5M 2.03% +2.3M +47.8% $1.04
13 ET ENERGY TRANSFER Energy 377,198.0 $7.3M 1.97% +4K +1.1% $19.30 +5.5%
14 PPL CAPITAL 6,210,000.0 $7.3M 1.97% -95K -1.5% $1.17
15 VZ VERIZON COMM Communication Services 141,366.0 $7.1M 1.92% +4K +2.6% $50.20 -6.3%
16 MRK MERCK&CO INC Healthcare 58,396.0 $7.0M 1.90% $120.29 -5.7%
17 PFE PFIZER INC Healthcare 248,771.0 $7.0M 1.89% $28.08 -8.3%
18 INNOVIVA INC 6,320,000.0 $6.8M 1.84% -55K -0.9% $1.08
19 PROGRESS SOFTWARE 7,545,000.0 $6.7M 1.81% +2.6M +52.6% $0.89
20 BENCHMARK BANK 173,082.0 $6.3M 1.70% $36.25
Page 1 of 6  ·  116 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 41.6%
Basic Materials 12.8%
Real Estate 12.8%
Energy 11.3%
Healthcare 10.3%
Communication Services 4.7%
Industrials 3.1%
Consumer Defensive 2.3%
Technology 0.7%
Consumer Cyclical 0.2%