CCM

Cutler Capital Management Portfolio holdings

AUM $287M
This Quarter Return
+7%
1 Year Return
+8.81%
3 Year Return
+10.87%
5 Year Return
+34.16%
10 Year Return
+35.64%
AUM
$186M
AUM Growth
+$186M
Cap. Flow
-$19.4M
Cap. Flow %
-10.38%
Top 10 Hldgs %
31.82%
Holding
103
New
3
Increased
10
Reduced
36
Closed
14

Top Buys

1
MRK icon
Merck
MRK
$2.52M
2
CATC
CAMBRIDGE BANCORP
CATC
$1.24M
3
DCUE
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
$486K
4
SSB icon
SouthState
SSB
$274K
5
FHN icon
First Horizon
FHN
$105K

Top Sells

1
CCI icon
Crown Castle
CCI
$3.17M
2
PCB icon
PCB Bancorp
PCB
$2.29M
3
DBRG icon
DigitalBridge
DBRG
$1.68M
4
SRE.PRA
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
$1.44M
5
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
$1.3M

Sector Composition

1 Financials 22.83%
2 Real Estate 6.21%
3 Healthcare 3.96%
4 Utilities 2.62%
5 Consumer Staples 1.06%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
GABC icon
26
German American Bancorp
GABC
$1.55B
$1.38M 0.74%
44,500
– –
SRE.PRB
27
DELISTED
Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
$1.34M 0.72%
13,675
-200
-1% -$19.7K
CATC
28
DELISTED
CAMBRIDGE BANCORP
CATC
$1.24M 0.67%
+21,000
New +$1.24M
FRAF icon
29
Franklin Financial Services
FRAF
$208M
$1.18M 0.63%
45,587
-6,101
-12% -$158K
ORRF icon
30
Orrstown Financial Services
ORRF
$675M
$1.04M 0.56%
70,300
– –
VGM icon
31
Invesco Trust Investment Grade Municipals
VGM
$517M
$958K 0.51%
79,547
-516
-0.6% -$6.21K
FCCO icon
32
First Community Corp
FCCO
$209M
$924K 0.5%
61,000
– –
COFS icon
33
Choiceone Financial
COFS
$459M
$887K 0.48%
30,000
-17,399
-37% -$514K
FBIZ icon
34
First Business Financial Services
FBIZ
$430M
$864K 0.46%
52,500
– –
FLIC
35
DELISTED
First of Long Island Corp
FLIC
$843K 0.45%
51,575
-3,775
-7% -$61.7K
FXNC icon
36
First National Corp
FXNC
$207M
$669K 0.36%
48,200
-300
-0.6% -$4.16K
LBAI
37
DELISTED
Lakeland Bancorp Inc
LBAI
$640K 0.34%
56,000
+1,000
+2% +$11.4K
PEO
38
Adams Natural Resources Fund
PEO
$584M
$625K 0.34%
55,000
– –
LXP.PRC icon
39
LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred Stock
LXP.PRC
$90.8M
$540K 0.29%
10,000
– –
MNSB icon
40
MainStreet Bancshares
MNSB
$172M
$492K 0.26%
37,247
-2,753
-7% -$36.4K
FHN icon
41
First Horizon
FHN
$11.4B
$478K 0.26%
48,000
+10,500
+28% +$105K
FISI icon
42
Financial Institutions
FISI
$550M
$335K 0.18%
18,000
– –
SSB icon
43
SouthState
SSB
$10.3B
$274K 0.15%
+5,755
New +$274K
HWC icon
44
Hancock Whitney
HWC
$5.28B
$265K 0.14%
12,500
– –
PBCT
45
DELISTED
People's United Financial Inc
PBCT
$226K 0.12%
19,500
– –
PCB icon
46
PCB Bancorp
PCB
$312M
$205K 0.11%
19,875
-222,425
-92% -$2.29M
SBCF icon
47
Seacoast Banking Corp of Florida
SBCF
$2.72B
$204K 0.11%
10,000
– –
ENBL
48
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
$185K 0.1%
39,600
-1,000
-2% -$4.67K
GLP icon
49
Global Partners
GLP
$1.79B
$114K 0.06%
11,600
– –
VOX icon
50
Vanguard Communication Services ETF
VOX
$5.74B
$100K 0.05%
+1,075
New +$100K
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