CCM

Cutler Capital Management Portfolio holdings

AUM $287M
1-Year Return 8.81%
This Quarter Return
-16.03%
1 Year Return
+8.81%
3 Year Return
+10.87%
5 Year Return
+34.16%
10 Year Return
+35.64%
AUM
$198M
AUM Growth
-$86.4M
Cap. Flow
-$57.6M
Cap. Flow %
-29.15%
Top 10 Hldgs %
29.61%
Holding
116
New
5
Increased
38
Reduced
21
Closed
13

Top Buys

1
SRE.PRB
Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
$1.3M
2
CNP.PRB
CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
$1.1M
3
FTV.PRA
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
$929K
4
DAL icon
Delta Air Lines
DAL
$814K
5
TSNU
Tyson Foods, Inc.
TSNU
$622K

Top Sells

1
MGP
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
$5.88M
2
CCI icon
Crown Castle
CCI
$2.68M
3
LXP icon
LXP Industrial Trust
LXP
$1.66M
4
AAPL icon
Apple
AAPL
$1.09M
5
MNSB icon
MainStreet Bancshares
MNSB
$660K

Sector Composition

1 Financials 22.74%
2 Real Estate 7.41%
3 Healthcare 2.47%
4 Utilities 2.29%
5 Consumer Staples 1%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
SRE.PRA
26
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
$1.44M 0.73%
15,600
+6,475
+71% +$599K
FRAF icon
27
Franklin Financial Services
FRAF
$212M
$1.42M 0.72%
51,688
– –
SRE.PRB
28
DELISTED
Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
$1.3M 0.66%
+13,875
New +$1.3M
SRC
29
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
$1.3M 0.66%
49,800
– –
GABC icon
30
German American Bancorp
GABC
$1.55B
$1.22M 0.62%
44,500
– –
COFS icon
31
Choiceone Financial
COFS
$462M
$1.2M 0.61%
47,399
-3,601
-7% -$91.4K
DAL icon
32
Delta Air Lines
DAL
$39.9B
$1.14M 0.57%
39,825
+28,525
+252% +$814K
WEBK
33
DELISTED
Wellesley Bancorp, Inc.
WEBK
$1.01M 0.51%
36,775
+868
+2% +$23.9K
ORRF icon
34
Orrstown Financial Services
ORRF
$682M
$968K 0.49%
70,300
+147
+0.2% +$2.02K
VGM icon
35
Invesco Trust Investment Grade Municipals
VGM
$527M
$968K 0.49%
80,063
+916
+1% +$11.1K
FLIC
36
DELISTED
First of Long Island Corp
FLIC
$960K 0.49%
55,350
-800
-1% -$13.9K
FCCO icon
37
First Community Corp
FCCO
$212M
$959K 0.49%
61,000
– –
MRK icon
38
Merck
MRK
$212B
$923K 0.47%
12,576
+3,773
+43% +$277K
FBIZ icon
39
First Business Financial Services
FBIZ
$433M
$814K 0.41%
52,500
– –
SJIU
40
DELISTED
South Jersey Industries, Inc.
SJIU
– –
0
– –
FCBP
41
DELISTED
First Choice Bancorp Common Stock
FCBP
$735K 0.37%
49,000
+2,280
+5% +$34.2K
FXNC icon
42
First National Corp
FXNC
$212M
$728K 0.37%
48,500
+7,500
+18% +$113K
MNSB icon
43
MainStreet Bancshares
MNSB
$171M
$670K 0.34%
40,000
-39,398
-50% -$660K
VSBN
44
DELISTED
VSB BANCORP INC (NY)
VSBN
$598K 0.3%
+29,900
New +$598K
LBAI
45
DELISTED
Lakeland Bancorp Inc
LBAI
$595K 0.3%
55,000
– –
PEO
46
Adams Natural Resources Fund
PEO
$574M
$456K 0.23%
57,171
+5,198
+10% +$41.5K
LXP.PRC icon
47
LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred Stock
LXP.PRC
$91.1M
$440K 0.22%
10,000
-627
-6% -$27.6K
FISI icon
48
Financial Institutions
FISI
$553M
$327K 0.17%
18,000
+7,000
+64% +$127K
CSFL
49
DELISTED
CenterState Bank Corporation Common Stock
CSFL
$313K 0.16%
18,185
+4,400
+32% +$75.7K
FHN icon
50
First Horizon
FHN
$11.3B
$302K 0.15%
+37,500
New +$302K
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