Cutter & CO Brokerage, Inc.

Broker-Dealer

CIK

1406995

Location

Ballwin, MO

Portfolio Value

Small $420,750,295

Diversification

Diversified

Filing Date

Global Rank

#3,412 / 8,116 ▲ 134 · as of Mar 2025

Top Industry

Insurance - Diversified 17.5%

3Y Alpha vs SPY

+7.0%

Period ended 1 year ago

Filed May 1, 2025 · 1y

21 quarters · since Mar 2020

Clone Performance

Sep 2023–Oct 2025 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+64.8%

SPY

+46.3%

Annualised alpha

+7.0%

Max drawdown

−13.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 100% of reported value on average across 8 quarters.Cutter & CO Brokerage, Inc. has stopped filing, so the simulation ends in Oct 2025 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.

Portfolio Concentration

168 tracked positions · as of Mar 31, 2025 · Δ vs Dec 31, 2024

Top Position

15.6%

+0.5 pts

Top 5

34.3%

−1.1 pts

Top 10

47.4%

−1.2 pts

HHI

416

Diversified+2

Portfolio Trend

21 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2025

Sector	% Portfolio	Value	Positions
Financial Services	20.5%	$86,218,044	22
Industrials	16.3%	$68,380,461	21
Healthcare	12.2%	$51,485,544	21
Unclassified	10.6%	$44,586,186	31
Energy	10.4%	$43,929,742	8
Technology	7.8%	$33,018,583	30
Communication Services	6.4%	$26,934,431	6
Basic Materials	6.1%	$25,700,541	3
Utilities	3.5%	$14,590,473	7
Consumer Cyclical	2.8%	$11,662,682	8
Consumer Defensive	2.7%	$11,329,640	9
Real Estate	0.7%	$2,913,968	2

Last Quarter's Activity

Export CSV

Mar 31, 2025 vs Dec 31, 2024

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ET	Energy Transfer LP	+84,159	562,361	$10,454,290
IVZ	Invesco Ltd.	+23,133	27,565	$1,241,022
HPE	Hewlett Packard Enterprise Co	+16,226	30,189	$465,816
EPD	Enterprise Products Partners L.P.	+15,477	684,113	$23,355,617
EDV	Vanguard World Funds Extended Duration ETF	+15,116	27,147	$3,756,855
PSLV	Sprott Physical Silver Trust	+12,696	168,771	$1,957,743
AMZN	Amazon Com Inc	+11,776	43,971	$8,365,922
VVOS	Vivos Therapeutics, Inc.	+11,000	49,100	$139,935
RGCO	Rgc Resources Inc	+10,857	147,854	$3,085,712
PHYS	Sprott Physical Gold Trust	+10,087	31,337	$753,968
MSFT	Microsoft Corp	+9,510	17,210	$6,460,461
OXY	Occidental Petroleum Corp /De/	+9,142	113,475	$5,601,126
FNDA	Schwab Fundamental U.S. Small Company ETF	+8,777	149,602	$3,809,927
RVT	Royce Small-Cap Trust, Inc.	+6,841	19,970	$284,372
UGI	Ugi Corp /Pa/	+6,589	82,466	$2,727,150
AIRR	First Trust RBA American Industrial Renaissance ETF	+5,765	31,780	$1,472,469
OHI	Omega Healthcare Investors Inc	+5,444	14,046	$534,871
MO	Altria Group, Inc.	+4,907	13,645	$818,972
KHC	Kraft Heinz Co	+4,777	15,105	$459,645
MA	Mastercard Inc	+4,161	8,296	$4,547,203
BAC	Bank Of America Corp /De/	+4,127	14,766	$616,185
GOOGL	Alphabet Inc.	+4,081	117,438	$18,334,262
ARCC	Ares Capital Corp	+3,921	67,158	$1,488,221
HRTX	Heron Therapeutics, Inc. /De/	+3,330	36,465	$80,223
CSCO	Cisco Systems, Inc.	+3,280	10,013	$617,902
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
EOSE	Eos Energy Enterprises, Inc.	−21,370	96,740	$365,677
CP	Canadian Pacific Kansas City Ltd/Cn	−14,688	191,875	$13,471,543
BRK-B	Berkshire Hathaway Inc	−12,509	122,014	$65,780,125
T	At&T Inc.	−11,844	55,893	$1,580,654
PFE	Pfizer Inc	−11,052	99,867	$2,530,629
AMRN	Amarin Corp Plc\Uk	−10,000	230,020	$103,509
NVO	Novo Nordisk A S	−7,129	282,972	$19,649,575
MP	MP Materials Corp. / DE	−6,737	181,048	$4,419,381
AAPL	Apple Inc.	−6,157	26,119	$5,801,813
SHEL	Shell plc	−5,671	9,413	$689,784
LRCX	Lam Research Corp	−5,384	20,342	$1,478,863
ADM	Archer-Daniels-Midland Co	−5,339	76,246	$3,660,570
KO	Coca Cola Co	−4,915	3,776	$270,437
GNSS	Genasys Inc.	−4,500	198,400	$450,368
CVX	Chevron Corp	−4,301	13,861	$2,318,806
SLV	iShares Silver Trust	−4,160	40,203	$1,245,890
PLTR	Palantir Technologies Inc.	−4,126	22,642	$1,910,984
VRTX	Vertex Pharmaceuticals Inc / Ma	−3,355	8,407	$4,075,881
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	−3,329	5,569	$318,212
BG	Bunge Global SA	−3,169	4,464	$341,138
ENVX	Enovix Corp	−2,903	38,540	$282,883
WBD	Warner Bros. Discovery, Inc.	−2,810	20,408	$218,977
LIN	Linde PLC	−2,260	31,098	$14,480,472
NVDA	Nvidia Corp	−2,254	26,155	$2,834,678
AVGO	Broadcom Inc.	−1,684	14,416	$2,413,670
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TDG	TransDigm Group INC	5,112	$7,071,378
JOE	ST JOE Co	50,673	$2,379,097
UNH	Unitedhealth Group Inc	3,963	$2,075,621
VLO	Valero Energy Corp/Tx	6,477	$855,417
TFC	Truist Financial Corp	11,653	$479,520
VIG	Vanguard Dividend Appreciation ETF	2,424	$470,231
ORCL	Oracle Corp	3,343	$467,384
GLW	Corning Inc /Ny	9,021	$412,981
HSBC	Hsbc Holdings PLC	7,122	$409,016
TMO	Thermo Fisher Scientific Inc.	768	$382,156
MET	Metlife Inc	3,886	$312,006
AEP	American Electric Power Co Inc	2,830	$309,234
RDZN	Roadzen Inc.	276,200	$287,248
EXC	Exelon Corp	5,965	$274,867
VXUS	Vanguard Total International Stock ETF	4,422	$274,606
ACN	Accenture plc	845	$263,673
—		37,175	$259,481
QSR	Restaurant Brands International Inc.	3,751	$249,966
SLB	Slb Limited/Nv	5,824	$243,443
MU	Micron Technology Inc	2,733	$237,470
DELL	Dell Technologies Inc.	2,603	$237,263
PRU	Prudential Financial Inc	2,083	$232,629
DVVY	Invesco Diversified Dividend Opportunities ETF	4,600	$230,552
DTRE	First Trust Alerian Disruptive Technology Real Estate ETF	2,026	$229,201
NWG	NatWest Group plc	17,963	$214,118
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
PEP	Pepsico Inc	15,751	$2,395,097
NFG	National Fuel Gas Co	38,218	$2,319,068
NSC	Norfolk Southern Corp	6,304	$1,479,548
BF-B	Brown Forman Corp	32,578	$1,237,312
HWKN	Hawkins Inc	6,242	$765,706
KMI	Kinder Morgan, Inc.	20,241	$554,603
ARLP	Alliance Resource Partners LP	19,534	$513,548
TAK	Takeda Pharmaceutical Co Ltd	36,279	$480,333
BATRA	Atlanta Braves Holdings, Inc.	10,194	$415,915
AMD	Advanced Micro Devices Inc	3,392	$409,719
EG	Everest Group, Ltd.	973	$352,673
XYZ	Block, Inc.	4,034	$342,849
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	2,394	$316,247
SPOT	Spotify Technology S.A.	609	$272,454
MRVL	Marvell Technology, Inc.	2,408	$265,963
KEY	Keycorp /New/	15,501	$265,687
AGYS	Agilysys Inc	2,000	$263,420
CG	Carlyle Group Inc.	5,117	$258,357
JDVI	John Hancock Disciplined Value International Select ETF	4,208	$251,343
CRWS	Crown Crafts Inc	55,200	$247,848
AGNG	Global X Funds Global X Aging Population ETF	13,356	$243,346
DIS	Walt Disney Co	2,179	$242,631
LCNB	Lcnb Corp	15,815	$239,280
TGT	Target Corp	1,753	$236,970
ADBE	Adobe Inc.	520	$231,233
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

168 tracked positions · $420,750,295 total · filing declares 183 positions · $422,658,723 · as of Mar 31, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 168 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	122,014	-12,509	$65,780,125	+6.7%	15.63%
EPD	Enterprise Products Partners L.P. Energy	Added	684,113	+15,477	$23,355,617	+11.4%	5.55%
NVO	Novo Nordisk A S Healthcare	Reduced	282,972	-7,129	$19,649,575	−21.3%	4.67%
GOOGL	Alphabet Inc. Communication Services	Added	117,438	+4,081	$18,334,262	−15.0%	4.36%
HEI	Heico Corp Industrials	Added	64,647	+187	$17,273,031	+12.7%	4.11%
LIN	Linde PLC Basic Materials	Reduced	31,098	-2,260	$14,480,472	+3.7%	3.44%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	191,875	-14,688	$13,471,543	−9.9%	3.20%
ET	Energy Transfer LP Energy	Added	562,361	+84,159	$10,454,290	+11.6%	2.48%
AMZN	Amazon Com Inc Consumer Cyclical	Added	43,971	+11,776	$8,365,922	+18.4%	1.99%
LLY	ELI LILLY & Co Healthcare	Added	9,919	+1,134	$8,192,201	+20.8%	1.95%
WSO	Watsco Inc Industrials	Added	15,020	+1,257	$7,634,666	+17.1%	1.81%
AWK	American Water Works Company, Inc. Utilities	Reduced	49,061	-1,627	$7,237,478	+14.7%	1.72%
TDG	TransDigm Group INC Industrials	NEW	5,112	NEW	$7,071,378	NEW	1.68%
AAAU	Goldman Sachs Physical Gold ETF	Reduced	223,828	-1,028	$6,911,808	+18.5%	1.64%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	10,838	+2,880	$6,873,784	+21.3%	1.63%
BCPC	Balchem Corp Basic Materials	Reduced	40,968	-1,105	$6,800,688	−0.8%	1.62%
MSFT	Microsoft Corp Technology	Added	17,210	+9,510	$6,460,461	+99.1%	1.54%
AAPL	Apple Inc. Technology	Reduced	26,119	-6,157	$5,801,813	−28.2%	1.38%
OXY	Occidental Petroleum Corp /De/ Energy	Added	113,475	+9,142	$5,601,126	+8.7%	1.33%
UNP	Union Pacific Corp Industrials	Reduced	23,625	-1,134	$5,581,170	−1.1%	1.33%
META	Meta Platforms, Inc. Communication Services	Added	9,616	+140	$5,542,277	−0.1%	1.32%
VB	Vanguard Morningstar Small-Cap ETF	Reduced	10,557	-192	$5,218,073	−6.2%	1.24%
V	Visa Inc. Financial Services	Added	14,116	+1,137	$4,947,093	+20.6%	1.18%
MA	Mastercard Inc Financial Services	Added	8,296	+4,161	$4,547,203	+108.8%	1.08%
MP	MP Materials Corp. / DE Basic Materials	Reduced	181,048	-6,737	$4,419,381	+50.9%	1.05%
BJ	BJ's Wholesale Club Holdings, Inc. Consumer Defensive	Reduced	36,210	-1,561	$4,131,561	+22.4%	0.98%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Reduced	8,407	-3,355	$4,075,881	−13.9%	0.97%
LHX	L3harris Technologies, Inc. /De/ Industrials	Added	18,442	+1,082	$3,860,095	+5.7%	0.92%
FNDA	Schwab Fundamental U.S. Small Company ETF	Added	149,602	+8,777	$3,809,927	+2.6%	0.91%
EDV	Vanguard World Funds Extended Duration ETF	Added	27,147	+15,116	$3,756,855	+106.0%	0.89%
ZBRA	Zebra Technologies Corp Technology	Reduced	13,091	-532	$3,698,992	−29.7%	0.88%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Reduced	76,246	-5,339	$3,660,570	−11.2%	0.87%
NOC	Northrop Grumman Corp /De/ Industrials	Reduced	6,953	-162	$3,560,005	+6.6%	0.85%
RGCO	Rgc Resources Inc Utilities	Added	147,854	+10,857	$3,085,712	+12.3%	0.73%
LMT	Lockheed Martin Corp Industrials	Added	6,862	+1,971	$3,065,324	+29.0%	0.73%
NVDA	Nvidia Corp Technology	Reduced	26,155	-2,254	$2,834,678	−25.7%	0.67%
UGI	Ugi Corp /Pa/ Utilities	Added	82,466	+6,589	$2,727,150	+27.3%	0.65%
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Reduced	16,882	-1,023	$2,666,268	−18.8%	0.63%
PFE	Pfizer Inc Healthcare	Reduced	99,867	-11,052	$2,530,629	−14.0%	0.60%
SPY	Spdr S&P 500 ETF Trust	Added	4,520	+94	$2,528,442	−2.5%	0.60%
CSX	Csx Corp Industrials	Reduced	85,882	-1,211	$2,527,507	−10.1%	0.60%
AVGO	Broadcom Inc. Technology	Reduced	14,416	-1,684	$2,413,670	−35.3%	0.57%
AFGR	First Trust Active Factor Large Cap Growth ETF	Reduced	54,430	-1,633	$2,386,211	+2.7%	0.57%
JOE	ST JOE Co Real Estate	NEW	50,673	NEW	$2,379,097	NEW	0.57%
CVX	Chevron Corp Energy	Reduced	13,861	-4,301	$2,318,806	−11.9%	0.55%
UNH	Unitedhealth Group Inc Healthcare	NEW	3,963	NEW	$2,075,621	NEW	0.49%
ARVR	First Trust Indxx Metaverse ETF	Added	32,918	+1,359	$2,073,834	+3.6%	0.49%
QQQ	Invesco Qqq Trust, Series 1	Reduced	4,253	-1,104	$1,994,316	−27.2%	0.47%
PSLV	Sprott Physical Silver Trust Financial Services	Added	168,771	+12,696	$1,957,743	+30.0%	0.47%
PLTR	Palantir Technologies Inc. Technology	Reduced	22,642	-4,126	$1,910,984	−5.6%	0.45%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.