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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 2  ·  35 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 CTO CTO REALTY GRW Real Estate 659,370.0 $12.2M 3.30% -4K -0.6% $18.49 +8.6%
3 SHEL SHELL PLC Energy 110,701.0 $10.3M 2.78% -625.0 -0.6% $93.00 -9.1%
4 BUNGE LIMITED 79,360.0 $10.1M 2.73% -560.0 -0.7% $127.20
5 FENY FIDELITY CVNGTN 267,315.0 $9.1M 2.46% -8K -2.9% $34.02 -2.6%
6 PPL CAPITAL 6,210,000.0 $7.3M 1.97% -95K -1.5% $1.17
7 INNOVIVA INC 6,320,000.0 $6.8M 1.84% -55K -0.9% $1.08
8 CSB BANCORP 66,563.0 $4.2M 1.12% -437.0 -0.7% $62.36
9 SFL SFL CORP LTD Industrials 330,892.0 $3.6M 0.96% -4K -1.1% $10.79 +16.6%
10 PUT MICROSOFT CORP 9,000.0 $3.3M 0.90% -81K -90.0% $370.17
11 ALRS ALERUS FINAN Financial Services 136,470.0 $3.2M 0.88% -2K -1.1% $23.71 +12.0%
12 JAZZ INVEST 2,565,000.0 $3.1M 0.84% -3.1M -54.7% $1.21
13 LIBERTY MEDIA 2,300,000.0 $2.7M 0.72% -50K -2.1% $1.15
14 SLB SCHLUMBERGER Energy 49,054.0 $2.5M 0.68% -398.0 -0.8% $51.39 +8.5%
15 ABCB AMERIS BANCORP Financial Services 31,859.0 $2.5M 0.67% -2K -4.8% $77.99 +5.9%
16 HCI HCI GROUP INC Financial Services 15,104.0 $2.3M 0.63% -189.0 -1.2% $154.61 +1.2%
17 FLAGSTAR FNCL 56,093.0 $2.2M 0.59% -29K -34.1% $38.75
18 GDX VE GOLD MINERS 22,107.0 $2.0M 0.55% -1K -5.5% $91.77 -4.8%
19 AMPHASTAR PHARMA 1,940,000.0 $1.8M 0.47% -25K -1.3% $0.90
20 ETSY INC BOND 1,855,000.0 $1.7M 0.47% -50K -2.6% $0.93
Page 1 of 2  ·  35 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%