Cutler Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceuticals
TEVA
|
+$3.38M |
| 2 |
Citizens Community Bancorp
CZWI
|
+$3.36M |
| 3 |
Bunge Global
BG
|
+$2.27M |
| 4 |
RPT
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
|
+$1.55M |
| 5 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$1.31M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RPT.PRD
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
|
+$7.49M |
| 2 |
HCI Group
HCI
|
+$2.65M |
| 3 |
DM
Dominion Energy Midstream Ptr LP
DM
|
+$931K |
| 4 |
DCUD
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
|
+$536K |
| 5 |
Ford
F
|
+$504K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.49% |
| 2 | Real Estate | 13.03% |
| 3 | Healthcare | 5.15% |
| 4 | Consumer Staples | 0.96% |
| 5 | Industrials | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PEO
51
Adams Natural Resources Fund
PEO
$721M
| $160K | 0.07% |
+11,434
| New | +$190K |
|
52
Oxbridge Re Holdings
OXBR
$12.6M
| $75K | 0.03% |
120,000
| – | – |
|
53
Aurinia Pharmaceuticals
AUPH
$1.95B
| – | – |
-55,000
| Closed | -$254K |
|
54
First Community Corp
FCCO
$324M
| – | – |
-15,000
| Closed | -$363K |
|
|
55
HCI Group
HCI
$2.28B
| – | – |
-60,496
| Closed | -$2.65M |
|
|
NGD
56
DELISTED
New Gold Inc
NGD
| – | – |
-230,000
| Closed | -$182K |
|
|
FNCB
57
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| – | – |
-17,798
| Closed | -$174K |
|
|
RPT.PRD
58
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| – | – |
-139,189
| Closed | -$7.49M |
|
|
CFNB
59
DELISTED
California First National Banc
CFNB
| – | – |
-15,000
| Closed | -$250K |
|
Similar funds
Cutler Capital Management's Q4 2018 Portfolio in Review
As of Q4 2018, Cutler Capital Management held 99 positions worth $221M, down 5.8% from $234M the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Cutler Capital Management withdrew a net $57.5M in Q4 2018, closing 8 positions and reducing 18 holdings. Its most notable exit was RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest, an estimated $7.49M position sold in full.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Real Estate and Healthcare.
Against the trend, Cutler Capital Management opened a new position in Teva Pharmaceuticals worth $2.54M.
- Cutler Capital Management's largest Q4 2018 buy was Teva Pharmaceuticals: 164,684 shares worth $2.54M.
- Cutler Capital Management added most to Bunge Global in Q4 2018, an estimated $2.27M increase.
- Cutler Capital Management's biggest Q4 2018 reduction was Dominion Energy Midstream Ptr LP, cutting an estimated $931K.
- Cutler Capital Management fully exited RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest in Q4 2018, selling an estimated $7.49M.
- Cutler Capital Management's ten largest holdings make up 33% of its $221M portfolio in Q4 2018.
- Cutler Capital Management opened 9 new positions and closed 8 in Q4 2018.
- Cutler Capital Management's portfolio value fell 5.8% quarter-over-quarter to $221M.
Based on Cutler Capital Management's 13F filing for Q4 2018, filed 25 Jan 2019.