Cutler Capital Management’s NORTHERN STATES FINL CORP NSFC Stock Holding History

Cutler Capital Management’s Portfolio NSFC Stock Details NSFC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-22,000	Closed	-$134	–	88
2016 Q2	$134	Buy	+22,000	New	+$134	0.04%	86

Other funds holding NSFC

JCSD Capital Walnut Creek, California $94.5M AUM 10.64% 1-Year Est. Return

PJSIMP

P.J. Schmidt Investment Management (PJS) Cedarburg, Wisconsin $595M AUM 18.7% 1-Year Est. Return

Cutler Capital Management's NSFC Position: Q3 2016 in Review

Cutler Capital Management sold out of NORTHERN STATES FINL CORP (NSFC) in Q3 2016, closing a stake of 22,000 shares — an estimated $134 sold.

Cutler Capital Management first reported a position in NSFC in Q2 2016 and held it in 1 quarter. The position peaked at $134 in Q2 2016. 2 funds tracked by Wall St. Rank hold NSFC as of Q3 2016.

Cutler Capital Management reported no remaining NORTHERN STATES FINL CORP position as of Q3 2016 after selling out during the quarter.
Cutler Capital Management sold 22,000 NORTHERN STATES FINL CORP shares in Q3 2016, an estimated $134.
Cutler Capital Management first reported a position in NORTHERN STATES FINL CORP in Q2 2016 and held it in 1 quarter.
Cutler Capital Management's NORTHERN STATES FINL CORP position peaked at $134 in Q2 2016.
2 funds tracked by Wall St. Rank held NORTHERN STATES FINL CORP as of Q3 2016.

Based on Cutler Capital Management's 13F filing for Q3 2016, filed 20 Oct 2016.