Cutter & CO Brokerage, Inc.
Filing Date
Global Rank
#3,474
/ 8,136
▲ 135
· as of Mar 2025
Top Industry
Insurance - Diversified
17.5%
Period ended 1 year ago
Filed May 1, 2025 · 1y
21 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Mar 31, 2025, never from the firm's own description.
Style
Diversified active
Top 10 weight 47.2%, 24.2 effective positions, active share 71.5% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
19.5% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 17.1 quarters (12+), a floor since 63.9% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 71.5%; sector active share 28.1% against the combined 13F book's sector weights.
Over time 21 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
183 tracked positions · as of Mar 31, 2025 · Δ vs Dec 31, 2024Top Position
15.6%
+0.5 pts
Top 5
34.2%
−1.1 pts
Top 10
47.2%
−1.1 pts
HHI
413
Diversified+3
Portfolio Trend
21 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 20.4% | $86,218,044 |
| Industrials | 16.2% | $68,380,461 |
| Healthcare | 12.2% | $51,485,544 |
| Unclassified | 11.0% | $46,505,327 |
| Energy | 10.4% | $43,929,746 |
| Technology | 7.8% | $33,018,583 |
| Communication Services | 6.4% | $26,934,431 |
| Basic Materials | 6.1% | $25,700,541 |
| Utilities | 3.5% | $14,590,473 |
| Consumer Cyclical | 2.8% | $11,662,682 |
| Consumer Defensive | 2.7% | $11,329,640 |
| Real Estate | 0.7% | $2,913,968 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ET | Energy Transfer LP | +84,159 | 562,361 | $10,454,294 | |
| HPE | Hewlett Packard Enterprise Co | +16,226 | 30,189 | $465,816 | |
| EPD | Enterprise Products Partners L.P. | +15,477 | 684,113 | $23,355,617 | |
| 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 | +9,142 | 113,475 | $5,601,126 | |
| RVT | Royce Small-Cap Trust, Inc. | +6,841 | 19,970 | $284,372 | |
| UGI | Ugi Corp | +6,589 | 82,466 | $2,727,150 | |
| SCHB | Schwab U.S. Broad Market ETF | +5,537 | 39,586 | $852,286 | |
| OHI | Omega Healthcare Investors Inc | +5,444 | 14,046 | $534,871 | |
| FIXD | First Trust Smith Opportunistic Fixed Income ETF | +5,154 | 54,430 | $2,386,211 | |
| 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 | |
| GOOG | Alphabet Inc. | +4,157 | 109,214 | $17,062,503 | |
| BAC | Bank Of America Corp | +4,127 | 14,766 | $616,185 | |
| ARCC | Ares Capital Corp | +3,921 | 67,158 | $1,488,221 | |
| HRTX | Heron Therapeutics, Inc. | +3,330 | 36,465 | $80,223 | |
| CSCO | Cisco Systems, Inc. | +3,280 | 10,013 | $617,902 | |
| SCHD | Schwab U.S. Dividend Equity ETF | +3,195 | 69,466 | $1,942,269 | |
| REGN | Regeneron Pharmaceuticals, Inc. | +2,880 | 10,838 | $6,873,784 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| EOSE | Eos Energy Enterprises, Inc. | −21,370 | 96,740 | $365,677 | |
| CP | Canadian Pacific Kansas City Ltd | −14,688 | 191,875 | $13,471,543 | |
| BRK-B | Berkshire Hathaway Inc | −12,509 | 122,013 | $64,981,683 | |
| T | At&T Inc. | −11,844 | 55,893 | $1,580,654 | |
| PFE | Pfizer Inc | −11,052 | 99,867 | $2,530,629 | |
| AMRN | Amarin Corp Plcuk | −10,000 | 230,020 | $103,509 | |
| NVO | Novo Nordisk A S | −7,129 | 282,972 | $19,649,575 | |
| MP | MP Materials Corp. | −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 | −3,355 | 8,407 | $4,075,881 | |
| JEPI | JPMorgan Equity Premium Income 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 | |
| — | −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 | Open |
|---|---|---|---|---|
| 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 | |
| VDE | VANGUARD ENERGY INDEX FUND | 15,148 | $1,964,847 | |
| VLO | Valero Energy Corp | 6,477 | $855,417 | |
| TFC | Truist Financial Corp | 11,653 | $479,520 | |
| VIG | Vanguard Specialized Funds | 2,424 | $470,231 | |
| ORCL | Oracle Corp | 3,343 | $467,384 | |
| GLW | Corning Inc | 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 | 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 | |
| GSY | Invesco Ultra Short Duration ETF | 4,600 | $230,552 | |
| GRID | First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 2,026 | $229,201 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| 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 | |
| HWKN | Hawkins Inc | 6,242 | $765,706 | |
| BF-B | Brown Forman Corp | 16,289 | $618,656 | |
| 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 | |
| SDY | State Street(R) SPDR(R) S&P(R) Dividend ETF | 2,394 | $316,247 | |
| IVV | iShares Core S&P 500 ETF | 537 | $316,121 | |
| SPOT | Spotify Technology S.A. | 609 | $272,454 | |
| MRVL | Marvell Technology, Inc. | 2,408 | $265,963 | |
| KEY | Keycorp | 15,501 | $265,687 | |
| AGYS | Agilysys Inc | 2,000 | $263,420 | |
| CG | Carlyle Group Inc. | 5,117 | $258,357 | |
| JHMM | John Hancock Multifactor Mid Cap ETF | 4,208 | $251,343 | |
| CRWS | Crown Crafts Inc | 55,200 | $247,848 | |
| QYLD | Global X NASDAQ 100 Covered Call 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 | |
| No positions match the current search. | ||||
183 tracked positions ·
$422,669,440 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 183 positions by value
· page 1 of 4
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 122,013 | $64,981,683 | 15.37% | |
| EPD |
Enterprise Products Partners L.P.
Energy
|
Added | 684,113 | $23,355,617 | 5.53% | |
| NVO |
Novo Nordisk A S
Healthcare
|
Reduced | 282,972 | $19,649,575 | 4.65% | |
| HEI |
Heico Corp
Industrials
|
Added | 64,647 | $17,273,031 | 4.09% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Added | 109,214 | $17,062,503 | 4.04% | |
| LIN |
Linde PLC
Basic Materials
|
Reduced | 31,098 | $14,480,472 | 3.43% | |
| CP |
Canadian Pacific Kansas City Ltd
Industrials
|
Reduced | 191,875 | $13,471,543 | 3.19% | |
| ET |
Energy Transfer LP
Energy
|
Added | 562,361 | $10,454,294 | 2.47% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 43,971 | $8,365,922 | 1.98% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 9,919 | $8,192,201 | 1.94% | |
| WSO |
Watsco Inc
Industrials
|
Added | 15,020 | $7,634,666 | 1.81% | |
| AWK |
American Water Works Company, Inc.
Utilities
|
Reduced | 49,061 | $7,237,478 | 1.71% | |
| TDG |
TransDigm Group INC
Industrials
|
NEW | 5,112 | $7,071,378 | 1.67% | |
| AAAU |
Goldman Sachs Physical Gold ETF
|
Reduced | 223,828 | $6,911,808 | 1.64% | |
| REGN |
Regeneron Pharmaceuticals, Inc.
Healthcare
|
Added | 10,838 | $6,873,784 | 1.63% | |
| BCPC |
Balchem Corp
Basic Materials
|
Reduced | 40,968 | $6,800,688 | 1.61% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 17,210 | $6,460,461 | 1.53% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 26,119 | $5,801,813 | 1.37% | |
| OXY |
Occidental Petroleum Corp
Energy
|
Added | 113,475 | $5,601,126 | 1.33% | |
| UNP |
Union Pacific Corp
Industrials
|
Reduced | 23,625 | $5,581,170 | 1.32% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 9,616 | $5,542,277 | 1.31% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 9,690 | $4,979,787 | 1.18% | |
| V |
Visa Inc.
Financial Services
|
Added | 14,116 | $4,947,093 | 1.17% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 8,296 | $4,547,203 | 1.08% | |
| MP |
MP Materials Corp.
Basic Materials
|
Reduced | 181,048 | $4,419,381 | 1.05% | |
| BJ |
BJ's Wholesale Club Holdings, Inc.
Consumer Defensive
|
Reduced | 36,210 | $4,131,561 | 0.98% | |
| VRTX |
Vertex Pharmaceuticals Inc
Healthcare
|
Reduced | 8,407 | $4,075,881 | 0.96% | |
| LHX |
L3harris Technologies, Inc.
Industrials
|
Added | 18,442 | $3,860,095 | 0.91% | |
| ZBRA |
Zebra Technologies Corp
Technology
|
Reduced | 13,091 | $3,698,992 | 0.88% | |
| ADM |
Archer-Daniels-Midland Co
Consumer Defensive
|
Reduced | 76,246 | $3,660,570 | 0.87% | |
| NOC |
Northrop Grumman Corp
Industrials
|
Reduced | 6,953 | $3,560,005 | 0.84% | |
| RGCO |
Rgc Resources Inc
Utilities
|
Added | 147,854 | $3,085,712 | 0.73% | |
| LMT |
Lockheed Martin Corp
Industrials
|
Added | 6,862 | $3,065,324 | 0.73% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 26,155 | $2,834,678 | 0.67% | |
| UGI |
Ugi Corp
Utilities
|
Added | 82,466 | $2,727,150 | 0.65% | |
| PFE |
Pfizer Inc
Healthcare
|
Reduced | 99,867 | $2,530,629 | 0.60% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 4,520 | $2,528,442 | 0.60% | |
| CSX |
Csx Corp
Industrials
|
Reduced | 85,882 | $2,527,507 | 0.60% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 14,416 | $2,413,670 | 0.57% | |
| FIXD |
First Trust Smith Opportunistic Fixed Income ETF
|
Added | 54,430 | $2,386,211 | 0.56% | |
| JOE |
ST JOE Co
Real Estate
|
NEW | 50,673 | $2,379,097 | 0.56% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 13,861 | $2,318,806 | 0.55% | |
| VGT |
VANGUARD INFORMATION TECHNOLOGY INDEX FUND
|
Reduced | 3,913 | $2,122,332 | 0.50% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
NEW | 3,963 | $2,075,621 | 0.49% | |
|
|
Added | 32,918 | $2,073,834 | 0.49% | ||
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 4,253 | $1,994,316 | 0.47% | |
| VDE |
VANGUARD ENERGY INDEX FUND
|
NEW | 15,148 | $1,964,847 | 0.46% | |
| PSLV |
Sprott Physical Silver Trust
Financial Services
|
Added | 168,771 | $1,957,743 | 0.46% | |
| SCHD |
Schwab U.S. Dividend Equity ETF
|
Added | 69,466 | $1,942,269 | 0.46% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Reduced | 22,642 | $1,910,984 | 0.45% |
Showing the top 50 of 183 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
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.