Cutler Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dominion Energy
D
|
+$2.76M |
| 2 |
Shell
SHEL
|
+$1.85M |
| 3 |
VICI Properties
VICI
|
+$1.58M |
| 4 |
HBI
Hanesbrands
HBI
|
+$1.01M |
| 5 |
HCDIP
Harbor Custom Development, Inc. 8.0% Series A Cumulative Convertible Preferred Stock, no par value
HCDIP
|
+$891K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DCUE
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
|
+$2.8M |
| 2 |
SJI
South Jersey Industries, Inc.
SJI
|
+$2.01M |
| 3 |
German American Bancorp
GABC
|
+$1.54M |
| 4 |
AT&T
T
|
+$1.02M |
| 5 |
MGP
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
|
+$538K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 29.48% |
| 2 | Healthcare | 7.63% |
| 3 | Consumer Staples | 5.17% |
| 4 | Real Estate | 4.8% |
| 5 | Materials | 4.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
VanEck Moody's Analytics BBB Corporate Bond ETF
MBBB
$4.73M
| – | – |
-12,300
| Closed | -$279K |
|
77
VanEck Moody's Analytics IG Corporate Bond ETF
MIG
$19.4M
| – | – |
-13,301
| Closed | -$303K |
|
78
Northeast Community Bancorp
NECB
$367M
| – | – |
-24,885
| Closed | -$305K |
|
|
SJI
79
DELISTED
South Jersey Industries, Inc.
SJI
| – | – |
-58,212
| Closed | -$2.01M |
|
|
DCUE
80
DELISTED
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
| – | – |
-27,550
| Closed | -$2.8M |
|
|
MGP
81
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| – | – |
-13,900
| Closed | -$538K |
|
|
PBCT
82
DELISTED
People's United Financial Inc
PBCT
| – | – |
-22,743
| Closed | -$455K |
|
Similar funds
Cutler Capital Management's Q2 2022 Portfolio in Review
As of Q2 2022, Cutler Capital Management held 122 positions worth $259M, down 7.8% from $281M the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Cutler Capital Management withdrew a net $10.3M in Q2 2022, closing 14 positions and reducing 12 holdings. Its most notable exit was Dominion Energy, Inc. 2019 Series A Corporate Units, an estimated $2.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 29% of assets, down from 30% a quarter earlier, followed by Healthcare and Consumer Staples.
Against the trend, Cutler Capital Management opened a new position in PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A worth $623K.
- Cutler Capital Management's largest Q2 2022 buy was PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A: 24,350 shares worth $623K.
- Cutler Capital Management added most to Dominion Energy in Q2 2022, an estimated $2.76M increase.
- Cutler Capital Management's biggest Q2 2022 reduction was AT&T, cutting an estimated $1.02M.
- Cutler Capital Management fully exited Dominion Energy, Inc. 2019 Series A Corporate Units in Q2 2022, selling an estimated $2.8M.
- Cutler Capital Management's ten largest holdings make up 30% of its $259M portfolio in Q2 2022.
- Cutler Capital Management opened 10 new positions and closed 14 in Q2 2022.
- Cutler Capital Management's portfolio value fell 7.8% quarter-over-quarter to $259M.
Based on Cutler Capital Management's 13F filing for Q2 2022, filed 11 Aug 2022.