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Asset Manager ← All Institutions

Cutler Capital Management, LLC

Q4 2025 · Filed 2026-02-13
Market Value
$261M
+7.5%
Holdings
100
+3
New Purchases
6
Added To
27
Closed
8
Reduced
32
Top 10 Concentration
40.6%
Turnover
14.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
XRN 2.00% 1.38% +0.62% $5M
BBT 0.70% 0.15% +0.55% $2M
FSBH 1.25% 0.86% +0.38% $3M
MRK 2.36% 2.01% +0.35% $6M
CPKF 1.93% 1.59% +0.34% $5M
SPLG 0.31% 0.00% +0.31% $802K
MFGI 1.54% 1.24% +0.30% $4M
VTRS 2.18% 1.89% +0.29% $6M
PKBK 3.03% 2.75% +0.28% $8M
VZ 2.15% 1.88% +0.27% $6M
NOG 0.25% 0.00% +0.25% $663K
SBFG 3.33% 3.11% +0.22% $9M
CTO 4.68% 4.46% +0.22% $12M
EXSR 3.78% 3.57% +0.21% $10M
SLB 0.73% 0.55% +0.18% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AEM 7.79% 8.48% -0.69% $20M
MET 5.02% 5.61% -0.59% $13M
ENR 0.91% 1.30% -0.39% $2M
SPLV 0.00% 0.33% -0.33% $0
PFE 2.38% 2.66% -0.28% $6M
SSB 0.00% 0.23% -0.23% $0
VICI 2.01% 2.24% -0.22% $5M
ET 2.36% 2.55% -0.20% $6M
WY 1.51% 1.68% -0.17% $4M
CNHI 0.60% 0.77% -0.17% $2M
PTBS 1.62% 1.79% -0.16% $4M
EPR-PC 0.70% 0.86% -0.16% $2M
T 0.59% 0.75% -0.16% $2M
ALRS 1.19% 1.35% -0.16% $3M
FENY 2.61% 2.76% -0.15% $7M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 18 $26M 10.1%
Large Cap 33 $80M 30.7%
Mid Cap 14 $21M 8.1%
Small Cap 17 $69M 26.4%
Micro Cap 18 $65M 24.7%

Portfolio Analytics

Avg Market Cap
$281.1B
Median Market Cap
$11.6B
Avg P/E
20.4
Median P/E
14.6
Avg Dividend Yield
0.03%
Avg Beta
0.73
# Stocks
79
# ETFs / Funds
21

Top Holdings (100 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AEM 7.79% 120,114 $20M $169.53 -$262K -2,243 -1.8%
2 MET 5.02% 166,126 $13M $78.94 -$533K +444 +0.3%
3 CTO 4.68% 663,543 $12M $18.41 $1M -1,436 -0.2%
4 TSBK 4.00% 291,802 $10M $35.80 $735K
5 EXSR 3.78% 76,041 $10M $130.00 $1M -113 -0.1%
6 SBFG 3.33% 390,982 $9M $22.27 $1M -701 -0.2%
7 FBIZ 3.20% 153,785 $8M $54.30 $380K -1,708 -1.1%
8 SHEL 3.13% 111,326 $8M $73.48 $267K +700 +0.6%
9 PKBK 3.03% 316,453 $8M $25.04 $1M +5,796 +1.9%
10 FENY 2.61% 275,160 $7M $24.77 $111K +3,941 +1.4%
11 PFE 2.38% 249,731 $6M $24.90 -$241K -3,762 -1.5%
12 MRK 2.36% 58,532 $6M $105.26 $1M +300 +0.5%
13 ET 2.36% 373,291 $6M $16.49 -$46K +11,894 +3.3%
14 BMBN 2.20% 172,882 $6M $33.27 $558K +2,600 +1.5%
15 VTRS 2.18% 457,572 $6M $12.45 $1M -6,400 -1.4%
16 VZ 2.15% 137,744 $6M $40.73 $1M +34,018 +32.8%
17 VICI 2.01% 187,035 $5M $28.12 -$181K +20,200 +12.1%
18 XRN 2.00% 155,022 $5M $33.74 $2M +55,569 +55.9%
19 FXNC 1.96% 203,109 $5M $25.24 $529K +393 +0.2%
20 CPKF 1.93% 178,500 $5M $28.25 $1M -406 -0.2%
21 LFGP 1.93% 336,121 $5M $14.97 $309K -1,200 -0.4%
22 BORT 1.87% 111,034 $5M $44.00 $584K +750 +0.7%
23 PTBS 1.62% 230,620 $4M $18.37 -$103K +400 +0.2%
24 MFGI 1.54% 125,850 $4M $31.99 $1M +13,950 +12.5%
25 WY 1.51% 166,060 $4M $23.69 -$142K +1,650 +1.0%
26 FMBM 1.49% 135,864 $4M $28.61 $368K
27 CSBB 1.38% 67,000 $4M $54.00 $302K
28 APLE 1.32% 290,270 $3M $11.85 -$10K +3,000 +1.0%
29 FSBH 1.25% 210,000 $3M $15.50 $1M
30 MOAT 1.21% 30,598 $3M $103.56 $391K +2,570 +9.2%
31 ALRS 1.19% 138,000 $3M $22.52 -$169K -10,000 -6.8%
32 HCI 1.12% 15,293 $3M $191.68 -$4K +1 +0.0%
33 AIG 1.07% 32,800 $3M $85.55 $230K
34 LXP 1.03% 54,226 $3M $49.58 $98K -234,863 -81.2%
35 SFL 1.00% 334,392 $3M $7.81 $23K -9,400 -2.7%
36 ACI 0.96% 146,712 $3M $17.17 -$68K -1,025 -0.7%
37 ABCB 0.95% 33,459 $2M $74.27 -$41K -1,000 -2.9%
38 ENR 0.91% 119,975 $2M $19.89 -$772K -6,933 -5.5%
39 FCCO 0.87% 76,500 $2M $29.65 $109K
40 GDX 0.77% 23,387 $2M $85.77 $199K -270 -1.1%
41 SLB 0.73% 49,452 $2M $38.38 $559K +10,500 +27.0%
42 BBT 0.70% 69,183 $2M $26.37 $1M +54,226 +362.6%
43 EPR-PC 0.70% 81,995 $2M $22.18 -$266K
44 VOO 0.64% 2,655 $2M $627.06 $347K +503 +23.4%
45 TSN 0.61% 27,107 $2M $58.62 $109K -144 -0.5%
46 CNHI 0.60% 170,563 $2M $9.22 -$305K -2,500 -1.4%
47 T 0.59% 62,356 $2M $24.84 -$283K -2,500 -3.9%
48 FISI 0.59% 49,428 $2M $31.17 $226K +1,100 +2.3%
49 BANC 0.58% 78,750 $2M $19.29 $216K
50 PFIS 0.54% 28,748 $1M $48.71 $42K +800 +2.9%
51 SOBS 0.41% 37,665 $1M $28.10 -$124K -2,400 -6.0%
52 VGM 0.34% 86,117 $893K $10.37 $22K
53 WIW 0.34% 103,892 $892K $8.59 -$31K
54 CZBT 0.33% 25,250 $850K $33.66 $68K +700 +2.9%
55 SPLG 0.31% 9,995 $802K $80.22 +9,995 NEW
56 MSFT 0.30% 1,646 $796K $483.62 -$84K -53 -3.1%
57 IAT 0.30% 14,000 $772K $55.15 $320K +5,400 +62.8%
58 HWC 0.27% 10,898 $694K $63.68 $12K
59 BRK-B 0.26% 1,330 $669K $502.65 -$119
60 NOG 0.25% 30,900 $663K $21.47 +30,900 NEW
61 MTB 0.25% 3,238 $652K $201.50 $12K
62 IFF 0.25% 9,593 $646K $67.39 $43K -208 -2.1%
63 ORCL 0.22% 3,000 $585K $194.91 -$259K
64 QABA 0.19% 8,587 $487K $56.66 $95K +1,611 +23.1%
65 IUSV 0.18% 4,550 $467K $102.54 $12K
66 ES 0.17% 6,747 $454K $67.33 -$168K -2,000 -22.9%
67 AGI 0.17% 11,422 $441K $38.58 $37K -160 -1.4%
68 ABBV 0.17% 1,915 $438K $228.49 -$6K
69 JPM 0.15% 1,188 $383K $322.22 $8K
70 GOOGL 0.14% 1,147 $359K $313.00 $47K -138 -10.7%
71 SBCF 0.13% 10,826 $340K $31.42 $11K
72 SPY 0.13% 493 $336K $682.15 $2K -9 -1.8%
73 SKE.TO 0.13% 13,805 $328K $23.73 $60K -695 -4.8%
74 KR 0.12% 5,155 $322K $62.48 -$26K -7 -0.1%
75 FFSM 0.09% 8,085 $248K $30.69 +8,085 NEW
76 QQQ 0.09% 385 $237K $614.72 $21K +26 +7.2%
77 AMZN 0.09% 1,005 $232K $230.82 -$21K -147 -12.8%
78 FRAF 0.08% 4,400 $221K $50.20 $18K
79 HL 0.07% 10,000 $192K $19.19 $65K -500 -4.8%
80 JCI 0.07% 1,550 $186K $119.75 -$5K -182 -10.5%
81 IBM 0.07% 611 $181K $296.21 $9K
82 GLD 0.07% 456 $181K $396.31 $19K
83 EBMT 0.07% 9,000 $179K $19.90 $24K
84 XOM 0.06% 1,293 $156K $120.34 $10K
85 TSM 0.06% 504 $153K $303.89 $12K
86 SLV 0.06% 2,375 $153K $64.42 +2,375 NEW
87 DUK 0.05% 1,183 $139K $117.21 -$12K -36 -3.0%
88 GOOG 0.05% 375 $118K $313.80 +375 NEW
89 GOAT 0.04% 2,925 $113K $38.77 -$18K
90 RSP 0.04% 560 $107K $191.56 $1K
91 LOW 0.04% 420 $101K $241.16 -$4K
92 B 0.04% 2,325 $101K $43.55 +2,325 NEW
93 SCHF —% -$140K -6,000 -100.0% SOLD
94 SPLV —% -$795K -10,150 -100.0% SOLD
95 META —% -$104K -141 -100.0% SOLD
96 SO —% -$112K -1,184 -100.0% SOLD
97 FBTC —% -$255K -2,555 -100.0% SOLD
98 CLVT —% -$335K -87,588 -100.0% SOLD
99 SSB —% -$562K -5,688 -100.0% SOLD
100 IWS —% -$124K -886 -100.0% SOLD

Options Breakdown

0 Calls $0 Call Value 1 Puts $5M Put Value

Top Puts

SymbolSharesValueStatus
AAPL 17,500 $5M NEW

New Positions

SymbolValue% Port
SPLG $802K 0.31%
NOG $663K 0.25%
FFSM $248K 0.09%
SLV $153K 0.06%
GOOG $118K 0.05%
B $101K 0.04%

Sold Out Positions

SymbolValue% Port
CLVT —%
SO —%
SSB —%
META —%
FBTC —%
SPLV —%
IWS —%
SCHF —%
View SEC EDGAR Filings for Cutler Capital Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms