Cutter & CO Brokerage, Inc.

Broker-Dealer

CIK

1406995

Location

Ballwin, MO

Portfolio Value

Small $371,786,348

Diversification

Diversified

Filing Date

Global Rank

#2,751 / 7,987 ▲ 138 · as of Mar 2025

Top Industry

Insurance - Diversified 18.3%

3Y Alpha vs SPY

-5.9%

Period ended 1 year ago

Filed May 1, 2025 · 1y

21 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+51.1%

SPY

+76.5%

Annualised alpha

-6.1%

Max drawdown

−13.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

17.5%

+0.4 pts

Top 5

37.6%

−0.9 pts

Top 10

50.5%

−0.7 pts

HHI

495

Diversified+3

Portfolio Trend

21 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2025

Sector	% Portfolio	Value	Positions
Financial Services	22.7%	$84,382,510	22
Industrials	18.4%	$68,376,120	21
Healthcare	13.8%	$51,375,475	19
Energy	11.7%	$43,518,483	7
Technology	8.7%	$32,284,528	30
Basic Materials	6.9%	$25,700,541	3
Unclassified	4.3%	$15,850,087	10
Utilities	3.9%	$14,590,473	7
Consumer Cyclical	3.2%	$11,793,182	8
Consumer Defensive	3.0%	$11,329,640	9
Communication Services	2.6%	$9,671,341	6
Real Estate	0.8%	$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
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 /De/	+9,142	113,475	$5,601,126
RVT	Royce Small-Cap Trust, Inc.	+6,841	19,970	$284,372
UGI	Ugi Corp /Pa/	+6,589	82,466	$2,727,150
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
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
REGN	Regeneron Pharmaceuticals, Inc.	+2,880	10,838	$6,873,784
PANW	Palo Alto Networks Inc	+2,352	5,406	$922,479
VZ	Verizon Communications Inc	+2,051	22,826	$1,035,387
GILD	Gilead Sciences, Inc.	+1,972	6,423	$719,697
LMT	Lockheed Martin Corp	+1,971	6,862	$3,065,324
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	122,013	$64,981,683
T	At&T Inc.	−11,844	55,893	$1,580,654
PFE	Pfizer Inc	−11,052	99,867	$2,530,629
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
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
AWK	American Water Works Company, Inc.	−1,627	49,061	$7,237,478
BJ	BJ's Wholesale Club Holdings, Inc.	−1,561	36,210	$4,131,561
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
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
ACN	Accenture plc	845	$263,673
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
NWG	NatWest Group plc	17,963	$214,118
CEF	Sprott Physical Gold & Silver Trust	7,350	$208,813
UPS	United Parcel Service Inc	1,889	$207,771
IVZ	Invesco Ltd.	13,443	$203,930
IDN	Intellicheck, Inc.	25,500	$77,265
ATCH	AtlasClear Holdings, Inc.	48,540	$32,376
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
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
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
CRWS	Crown Crafts Inc	55,200	$247,848
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
PBI	Pitney Bowes Inc /De/	31,933	$231,194
HBAN	Huntington Bancshares Inc /Md/	14,018	$228,072
CRUS	Cirrus Logic, Inc.	2,267	$225,747
DVN	Devon Energy Corp/De	6,758	$221,189
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

144 positions · $371,786,348 total · 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 144 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	122,013	-12,509	$64,981,683	+6.6%	17.48%
EPD	Enterprise Products Partners L.P. Energy	Added	684,113	+15,477	$23,355,617	+11.4%	6.28%
NVO	Novo Nordisk A S Healthcare	Reduced	282,972	-7,129	$19,649,575	−21.3%	5.29%
HEI	Heico Corp Industrials	Added	64,647	+187	$17,273,031	+12.7%	4.65%
LIN	Linde PLC Basic Materials	Reduced	31,098	-2,260	$14,480,472	+3.7%	3.89%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	191,875	-14,688	$13,471,543	−9.9%	3.62%
ET	Energy Transfer LP Energy	Added	562,361	+84,159	$10,454,290	+11.6%	2.81%
AMZN	Amazon Com Inc Consumer Cyclical	Added	43,971	+11,776	$8,365,922	+18.4%	2.25%
LLY	ELI LILLY & Co Healthcare	Added	9,919	+1,134	$8,192,201	+20.8%	2.20%
WSO	Watsco Inc Industrials	Added	15,020	+1,257	$7,634,666	+17.1%	2.05%
AWK	American Water Works Company, Inc. Utilities	Reduced	49,061	-1,627	$7,237,478	+14.7%	1.95%
TDG	TransDigm Group INC Industrials	NEW	5,112	NEW	$7,071,378	NEW	1.90%
AAAU	Goldman Sachs Physical Gold ETF	Reduced	223,828	-1,028	$6,911,808	+18.5%	1.86%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	10,838	+2,880	$6,873,784	+21.3%	1.85%
BCPC	Balchem Corp Basic Materials	Reduced	40,968	-1,105	$6,800,688	−0.8%	1.83%
MSFT	Microsoft Corp Technology	Added	17,210	+9,510	$6,460,461	+99.1%	1.74%
AAPL	Apple Inc. Technology	Reduced	26,119	-6,157	$5,801,813	−28.2%	1.56%
OXY	Occidental Petroleum Corp /De/ Energy	Added	113,475	+9,142	$5,601,126	+8.7%	1.51%
UNP	Union Pacific Corp Industrials	Reduced	23,625	-1,134	$5,581,170	−1.1%	1.50%
META	Meta Platforms, Inc. Communication Services	Added	9,616	+140	$5,542,277	−0.1%	1.49%
V	Visa Inc. Financial Services	Added	14,116	+1,137	$4,947,093	+20.6%	1.33%
MA	Mastercard Inc Financial Services	Added	8,296	+4,161	$4,547,203	+108.8%	1.22%
MP	MP Materials Corp. / DE Basic Materials	Reduced	181,048	-6,737	$4,419,381	+50.9%	1.19%
BJ	BJ's Wholesale Club Holdings, Inc. Consumer Defensive	Reduced	36,210	-1,561	$4,131,561	+22.4%	1.11%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Reduced	8,407	-3,355	$4,075,881	−13.9%	1.10%
LHX	L3harris Technologies, Inc. /De/ Industrials	Added	18,442	+1,082	$3,860,095	+5.7%	1.04%
ZBRA	Zebra Technologies Corp Technology	Reduced	13,091	-532	$3,698,992	−29.7%	0.99%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Reduced	76,246	-5,339	$3,660,570	−11.2%	0.98%
NOC	Northrop Grumman Corp /De/ Industrials	Reduced	6,953	-162	$3,560,005	+6.6%	0.96%
RGCO	Rgc Resources Inc Utilities	Added	147,854	+10,857	$3,085,712	+12.3%	0.83%
LMT	Lockheed Martin Corp Industrials	Added	6,862	+1,971	$3,065,324	+29.0%	0.82%
NVDA	Nvidia Corp Technology	Reduced	26,155	-2,254	$2,834,678	−25.7%	0.76%
UGI	Ugi Corp /Pa/ Utilities	Added	82,466	+6,589	$2,727,150	+27.3%	0.73%
PFE	Pfizer Inc Healthcare	Reduced	99,867	-11,052	$2,530,629	−14.0%	0.68%
SPY	Spdr S&P 500 ETF Trust	Added	4,520	+94	$2,528,442	−2.5%	0.68%
CSX	Csx Corp Industrials	Reduced	85,882	-1,211	$2,527,507	−10.1%	0.68%
AVGO	Broadcom Inc. Technology	Reduced	14,416	-1,684	$2,413,670	−35.3%	0.65%
JOE	ST JOE Co Real Estate	NEW	50,673	NEW	$2,379,097	NEW	0.64%
CVX	Chevron Corp Energy	Reduced	13,861	-4,301	$2,318,806	−11.9%	0.62%
UNH	Unitedhealth Group Inc Healthcare	NEW	3,963	NEW	$2,075,621	NEW	0.56%
QQQ	Invesco Qqq Trust, Series 1	Reduced	4,253	-1,104	$1,994,316	−27.2%	0.54%
PSLV	Sprott Physical Silver Trust Financial Services	Added	168,771	+12,696	$1,957,743	+30.0%	0.53%
PLTR	Palantir Technologies Inc. Technology	Reduced	22,642	-4,126	$1,910,984	−5.6%	0.51%
ABBV	AbbVie Inc. Healthcare	Added	7,744	+672	$1,622,522	+29.1%	0.44%
T	At&T Inc. Communication Services	Reduced	55,893	-11,844	$1,580,654	+2.5%	0.43%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	3,630	+198	$1,524,164	+4.4%	0.41%
ARCC	Ares Capital Corp Financial Services	Added	67,158	+3,921	$1,488,221	+7.5%	0.40%
LRCX	Lam Research Corp Technology	Reduced	20,342	-5,384	$1,478,863	−20.4%	0.40%
GOOGL	Alphabet Inc. Communication Services	Reduced	8,224	-76	$1,271,759	−19.1%	0.34%
SLV	iShares Silver Trust	Reduced	40,203	-4,160	$1,245,890	+6.7%	0.34%