Cutter & CO Brokerage, Inc.
CIK 1406995 · View on SEC EDGAR ↗
- Portfolio value
- $422.7M
- Positions
- 183
- As of
- March 31, 2025 Data as of Q1 2025
#4,222 of 9,443 by 13F value · top 44.7%
Portfolio value QoQ: +3.1% 13F does not disclose cash
- Top 10 holdings weight
- 46.68%
- Top 25 holdings weight
- 68.07%
- Positions above 1%
- 25
- Effective number of positions
- 24.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q1 2025: 9.64% Est. buys $44,290,127 · sells $40,138,221
- New positions
- 34
- Increased
- 74
- Decreased
- 65
- Closed
- 60
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Industrials
17.2%
Healthcare
12.2%
Energy
10.4%
Technology
6.4%
Materials
6.1%
Communication Services
5.8%
Retail
3.7%
Utilities
3.5%
Financial Services
2.7%
Consumer Staples
1.4%
Financials
1.0%
Real Estate
0.7%
Telecommunication
0.6%
Communications
0.3%
Consumer Discretionary
0.3%
Logistics & Transportation
0.0%
Diversified Consumer Services
0.0%
Other/Unmapped
27.7%
Full portfolio 183 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| BRKB | $64,981,683 | 15.37% | 122,013 | $4,005,551 | Down ×1 | ||
| EPD Enterprise Products Partners L.P. Common Stock | $23,355,609 | 5.53% | 684,113 | $2,387,184 | Up ×1 | ||
| NVO Novo Nordisk A/S Common Stock | $19,649,527 | 4.65% | 282,972 | $-5,304,927 | Down ×1 | ||
| HEI Heico Corporation Common Stock | $17,272,839 | 4.09% | 64,647 | $1,947,949 | Up ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $17,062,606 | 4.04% | 109,214 | $-2,944,472 | Up ×1 | ||
| LIN Linde plc - Ordinary Shares | $14,480,264 | 3.43% | 31,098 | $514,366 | Down ×1 | ||
| CP Canadian Pacific Kansas City Limited Common Shares | $13,471,596 | 3.19% | 191,875 | $-1,477,362 | Down ×1 | ||
| ET Energy Transfer LP Common Units | $10,454,294 | 2.47% | 562,361 | $1,086,316 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $8,365,923 | 1.98% | 43,971 | $1,302,662 | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $8,192,591 | 1.94% | 9,919 | $1,410,470 | Up ×1 | ||
| WSO Watsco, Inc. Common Stock | $7,634,552 | 1.81% | 15,020 | $1,112,347 | Up ×1 | ||
| AWK American Water Works Company, Inc. Common Stock | $7,237,513 | 1.71% | 49,061 | $927,423 | Down ×1 | ||
| TDG Transdigm Group Incorporated Common Stock | $7,071,471 | 1.67% | 5,112 | Up ×1 | |||
| AAAU | $6,911,808 | 1.64% | 223,828 | $1,079,043 | Down ×1 | ||
| REGN Regeneron Pharmaceuticals, Inc. - Common Stock | $6,873,827 | 1.63% | 10,838 | $1,205,105 | Up ×1 | ||
| BCPC Balchem Corporation - Common Stock | $6,800,695 | 1.61% | 40,968 | $-57,271 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $6,460,294 | 1.53% | 17,210 | $3,214,916 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $5,801,901 | 1.37% | 26,119 | $-2,280,622 | Down ×1 | ||
| OXY Occidental Petroleum Corporation Common Stock | $5,601,118 | 1.33% | 113,475 | $445,985 | Up ×1 | ||
| UNP Union Pacific Corporation Common Stock | $5,581,074 | 1.32% | 23,625 | $-64,997 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $5,542,066 | 1.31% | 9,616 | $-6,069 | Up ×1 | ||
| VOO | $4,979,676 | 1.18% | 9,690 | $-312,617 | Down ×1 | ||
| V Visa Inc. | $4,947,265 | 1.17% | 14,116 | $845,449 | Up ×1 | ||
| MA Mastercard Incorporated Common Stock | $4,535,799 | 1.07% | 8,296 | $2,358,119 | Up ×1 | ||
| MP MP Materials Corp. Common Stock | $4,419,381 | 1.05% | 181,048 | $1,489,935 | Down ×1 | ||
| BJ BJ's Wholesale Club Holdings, Inc. Common Stock | $4,131,561 | 0.98% | 36,210 | $756,722 | Down ×1 | ||
| VRTX Vertex Pharmaceuticals Incorporated - Common Stock | $4,075,882 | 0.96% | 8,407 | $-660,675 | Down ×1 | ||
| LHX L3Harris Technologies, Inc. Common Stock | $3,860,265 | 0.91% | 18,442 | $209,720 | Up ×1 | ||
| ZBRA Zebra Technologies Corporation - Class A Common Stock | $3,698,993 | 0.88% | 13,091 | $-1,562,482 | Down ×1 | ||
| ADM Archer-Daniels-Midland Company Common Stock | $3,660,574 | 0.87% | 76,246 | $-461,108 | Down ×1 | ||
| NOC Northrop Grumman Corporation Common Stock | $3,559,965 | 0.84% | 6,953 | $220,770 | Down ×1 | ||
| RGCO RGC Resources Inc. - Common Stock | $3,085,705 | 0.73% | 147,854 | $337,551 | Up ×1 | ||
| LMT Lockheed Martin Corporation Common Stock | $3,065,305 | 0.73% | 6,862 | $688,665 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $2,834,710 | 0.67% | 26,155 | $-980,295 | Down ×1 | ||
| UGI UGI Corporation Common Stock | $2,727,152 | 0.65% | 82,466 | $585,144 | Up ×1 | ||
| PFE Pfizer, Inc. Common Stock | $2,530,642 | 0.60% | 99,867 | $-412,039 | Down ×1 | ||
| SPY SPY | $2,528,371 | 0.60% | 4,520 | $-65,406 | Up ×1 | ||
| CSX CSX Corporation - Common Stock | $2,527,501 | 0.60% | 85,882 | $-282,988 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $2,413,633 | 0.57% | 14,416 | $-1,318,880 | Down ×1 | ||
| FIXD First Trust Smith Opportunistic Fixed Income ETF | $2,386,211 | 0.56% | 54,430 | $268,812 | Up ×1 | ||
| JOE St. Joe Company (The) Common Stock | $2,379,092 | 0.56% | 50,673 | Up ×1 | |||
| CVX Chevron Corporation Common Stock | $2,318,784 | 0.55% | 13,861 | $-311,757 | Down ×1 | ||
| VGT | $2,122,471 | 0.50% | 3,913 | $-339,961 | Down ×1 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $2,075,437 | 0.49% | 3,963 | Up ×1 | |||
| CIBR First Trust NASDAQ Cybersecurity ETF | $2,073,852 | 0.49% | 32,918 | $71,405 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $1,994,226 | 0.47% | 4,253 | $-744,302 | Down ×1 | ||
| VDE | $1,964,831 | 0.46% | 15,148 | Up ×1 | |||
| PSLV | $1,957,744 | 0.46% | 168,771 | $451,620 | Up ×1 | ||
| SCHD | $1,942,277 | 0.46% | 69,466 | $131,748 | Up ×1 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $1,910,985 | 0.45% | 22,642 | $-113,479 | Down ×1 | ||
| IWM | $1,906,735 | 0.45% | 9,558 | $-282,066 | Down ×1 | ||
| ABBV AbbVie Inc. Common Stock | $1,622,455 | 0.38% | 7,744 | $365,681 | Up ×1 | ||
| T AT&T Inc. | $1,580,664 | 0.37% | 55,893 | $38,272 | Down ×1 | ||
| VAW | $1,526,711 | 0.36% | 8,086 | $10,606 | Up ×1 | ||
| DIA | $1,524,157 | 0.36% | 3,630 | $63,948 | Up ×1 | ||
| ARCC Ares Capital Corporation - Closed End Fund | $1,488,229 | 0.35% | 67,158 | $103,957 | Up ×1 | ||
| LRCX Lam Research Corporation - Common Stock | $1,478,863 | 0.35% | 20,342 | $-379,276 | Down ×1 | ||
| FIW | $1,314,206 | 0.31% | 13,049 | $-32,868 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,271,779 | 0.30% | 8,224 | $-299,468 | Down ×1 | ||
| SLV | $1,245,891 | 0.29% | 40,203 | $77,813 | Down ×1 | ||
| GDX GDX | $1,175,691 | 0.28% | 25,575 | $284,360 | Down ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $1,068,715 | 0.25% | 4,356 | $33,609 | Up ×1 | ||
| HII Huntington Ingalls Industries, Inc. Common Stock | $1,049,582 | 0.25% | 5,144 | $-3,737 | Down ×1 | ||
| BMY Bristol-Myers Squibb Company Common Stock | $1,040,246 | 0.25% | 17,056 | $146,917 | Up ×1 | ||
| VZ Verizon Communications Inc. Common Stock | $1,035,358 | 0.24% | 22,826 | $204,539 | Up ×1 | ||
| SCHG | $1,015,366 | 0.24% | 40,550 | $-113,507 | Up ×1 | ||
| IBM International Business Machines Corporation Common Stock | $1,009,817 | 0.24% | 4,061 | $76,218 | Down ×1 | ||
| CAH Cardinal Health, Inc. Common Stock | $1,005,146 | 0.24% | 7,296 | $337,643 | Up ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $978,023 | 0.23% | 2,668 | $41,205 | Up ×1 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $922,479 | 0.22% | 5,406 | $366,773 | Up ×1 | ||
| BBW Build-A-Bear Workshop, Inc. Common Stock | $919,995 | 0.22% | 24,751 | $-219,541 | |||
| VLO Valero Energy Corporation Common Stock | $855,404 | 0.20% | 6,477 | Up ×1 | |||
| SCHB | $852,289 | 0.20% | 39,586 | $79,384 | Up ×1 | ||
| QQQM Invesco NASDAQ 100 ETF | $834,303 | 0.20% | 4,322 | $-98,348 | Down ×1 | ||
| MO Altria Group, Inc. | $818,988 | 0.19% | 13,645 | $362,106 | Up ×1 | ||
| FXO | $808,016 | 0.19% | 15,246 | $-15,248 | Up ×1 | ||
| BRKA | $798,442 | 0.19% | 1 | $117,522 | |||
| EMXC iShares MSCI Emerging Markets ex China ETF | $798,084 | 0.19% | 14,487 | $32,491 | Up ×1 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $786,556 | 0.19% | 8,763 | $69,475 | Up ×1 | ||
| PHYS | $753,969 | 0.18% | 31,337 | $325,994 | Up ×1 | ||
| GILD Gilead Sciences, Inc. - Common Stock | $719,736 | 0.17% | 6,423 | $308,621 | Up ×1 | ||
| SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) | $689,811 | 0.16% | 9,413 | $-255,167 | Down ×1 | ||
| WMT Walmart Inc. - Common Stock | $644,206 | 0.15% | 7,338 | $8,884 | Up ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $617,949 | 0.15% | 10,013 | $219,352 | Up ×1 | ||
| BAC Bank of America Corporation Common Stock | $616,193 | 0.15% | 14,766 | $148,589 | Up ×1 | ||
| CI The Cigna Group Common Stock | $609,515 | 0.14% | 1,852 | $-49,737 | Down ×1 | ||
| MCD McDonald's Corporation Common Stock | $597,437 | 0.14% | 1,913 | $43,172 | Up ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $591,975 | 0.14% | 8,351 | $42,609 | Up ×1 | ||
| IYW | $572,936 | 0.14% | 4,080 | $-135,154 | Down ×1 | ||
| AMGN Amgen Inc. - Common Stock | $555,479 | 0.13% | 1,783 | $344,667 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $552,717 | 0.13% | 3,333 | $214,907 | Up ×1 | ||
| CB Chubb Limited Common Stock | $545,394 | 0.13% | 1,806 | $86,643 | Up ×1 | ||
| TIP | $541,766 | 0.13% | 4,877 | $5,835 | Down ×1 | ||
| PM Philip Morris International Inc Common Stock | $539,666 | 0.13% | 3,400 | $130,488 | |||
| OHI Omega Healthcare Investors, Inc. Common Stock | $534,861 | 0.13% | 14,046 | $209,273 | Up ×1 | ||
| GDV Gabelli Dividend & Income Trust Common Shares of Beneficial Interest | $528,737 | 0.13% | 21,912 | $5,437 | Up ×1 | ||
| TFC Truist Financial Corporation Common Stock | $479,520 | 0.11% | 11,653 | Up ×1 | |||
| VIG | $470,207 | 0.11% | 2,424 | Up ×1 | |||
| ORCL Oracle Corporation Common Stock | $467,450 | 0.11% | 3,343 | Up ×1 | |||
| HPE Hewlett Packard Enterprise Company Common Stock | $465,817 | 0.11% | 30,189 | $167,700 | Up ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| TDG | $7,071,471 | 5,112 | 1.67% |
| JOE | $2,379,092 | 50,673 | 0.56% |
| UNH | $2,075,437 | 3,963 | 0.49% |
| VDE | $1,964,831 | 15,148 | 0.46% |
| VLO | $855,404 | 6,477 | 0.20% |
| TFC | $479,520 | 11,653 | 0.11% |
| VIG | $470,207 | 2,424 | 0.11% |
| ORCL | $467,450 | 3,343 | 0.11% |
| GLW | $412,978 | 9,021 | 0.10% |
| HSBC | $409,016 | 7,122 | 0.10% |
| TMO | $382,056 | 768 | 0.09% |
| MET | $312,040 | 3,886 | 0.07% |
| AEP | $309,234 | 2,830 | 0.07% |
| RDZN | $287,248 | 276,200 | 0.07% |
| EXC | $274,836 | 5,965 | 0.07% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| PEP | March 31, 2025 | 15,751 | $2,395,147 | -4.9% |
| NFG | March 31, 2025 | 38,218 | $2,319,084 | 6.1% |
| NSC | March 31, 2025 | 6,304 | $1,479,645 | 46.9% |
| HWKN | March 31, 2025 | 6,242 | $765,724 | 13.4% |
| BFB | March 31, 2025 | 16,289 | $618,656 | No longer tracked |
| KMI | March 31, 2025 | 20,241 | $554,603 | 10.6% |
| ARLP | March 31, 2025 | 19,534 | $513,549 | -3.8% |
| TAK | March 31, 2025 | 36,279 | $480,333 | 21.9% |
| AMD | March 31, 2025 | 3,392 | $409,685 | 358.2% |
| BATRA | March 31, 2025 | 10,194 | $390,137 | 29.8% |
| NOBL | March 31, 2025 | 3,888 | $387,040 | No longer tracked |
| EG | March 31, 2025 | 973 | $352,722 | 1.7% |
| XYZ | March 31, 2025 | 4,034 | $342,850 | 47.4% |
| SDY | March 31, 2025 | 2,394 | $316,228 | No longer tracked |
| IVV | March 31, 2025 | 537 | $315,910 | No longer tracked |
| SPOT | March 31, 2025 | 609 | $272,454 | -4.1% |
| MRVL | March 31, 2025 | 2,408 | $265,911 | 300.1% |
| KEY | March 31, 2025 | 15,501 | $265,694 | 38.0% |
| AGYS | March 31, 2025 | 2,000 | $263,420 | 54.9% |
| CG | March 31, 2025 | 5,117 | $258,372 | 12.0% |
| JHMM | March 31, 2025 | 4,208 | $251,371 | No longer tracked |
| CRWS | March 31, 2025 | 55,200 | $247,848 | -17.9% |
| QYLD | March 31, 2025 | 13,356 | $243,354 | |
| DIS | March 31, 2025 | 2,179 | $242,584 | 8.5% |
| LCNB | March 31, 2025 | 15,815 | $239,281 | 32.1% |
| TGT | March 31, 2025 | 1,753 | $237,021 | 55.6% |
| VOOG | March 31, 2025 | 639 | $234,013 | No longer tracked |
| ADBE | March 31, 2025 | 520 | $231,233 | -28.8% |
| PBI | March 31, 2025 | 31,933 | $231,195 | 77.3% |
| HBAN | March 31, 2025 | 14,018 | $228,073 | 14.3% |
| CRUS | March 31, 2025 | 2,267 | $225,748 | 17.0% |
| DVN | March 31, 2025 | 6,758 | $221,199 | 31.4% |
| XLE | March 31, 2025 | 2,566 | $219,804 | No longer tracked |
| DNP | March 31, 2025 | 24,900 | $219,618 | 11.0% |
| CFBK | March 31, 2025 | 8,576 | $219,031 | 55.1% |
| SOFI | March 31, 2025 | 14,200 | $218,680 | 60.4% |
| GM | March 31, 2025 | 4,075 | $217,101 | 86.5% |
| VLGEA | March 31, 2025 | 6,700 | $213,663 | 14.2% |
| LMBS | March 31, 2025 | 4,388 | $213,543 | |
| COF | March 31, 2025 | 1,185 | $211,368 | 21.4% |
| EVLV | March 31, 2025 | 53,500 | $211,325 | 72.9% |
| REGL | March 31, 2025 | 2,576 | $207,803 | No longer tracked |
| BUFR | March 31, 2025 | 6,787 | $206,800 | No longer tracked |
| TSLA | March 31, 2025 | 503 | $203,132 | 34.6% |
| LWAY | March 31, 2025 | 8,160 | $202,368 | 6.3% |
| CMRE | March 31, 2025 | 15,683 | $201,527 | 60.6% |
| ACCO | March 31, 2025 | 36,600 | $192,150 | 0.7% |
| BCAT | March 31, 2025 | 10,411 | $157,725 | 9.8% |
| GALT | March 31, 2025 | 115,488 | $148,980 | 205.7% |
| SAN | March 31, 2025 | 32,400 | $147,744 | 118.3% |
| MFIN | March 31, 2025 | 14,800 | $138,972 | 33.1% |
| HBI | March 31, 2025 | 16,800 | $136,752 | No longer tracked |
| EGY | March 31, 2025 | 20,500 | $89,585 | 58.0% |
| NAII | March 31, 2025 | 16,511 | $71,162 | -39.8% |
| ANGI | March 31, 2025 | 40,400 | $67,064 | -70.2% |
| CVM | March 31, 2025 | 108,445 | $43,367 | No longer tracked |
| PFIE | March 31, 2025 | 13,600 | $34,544 | No longer tracked |
| POWW | March 31, 2025 | 19,000 | $20,900 | 63.4% |
| AEON | March 31, 2025 | 14,027 | $7,575 | No longer tracked |
| KNWN | March 31, 2025 | 10,000 | $1,721 | No longer tracked |