SEC 13F Intelligence

Managers / Q3 2019 · view latest →

Cutter & CO Brokerage, Inc.

CIK 0001406995 · 15415 CLAYTON ROAD, BALLWIN, MO, 63011 · 636-537-8770

Reported Value
$311M
Q3 2019
Positions
297
Filings on Record
31
2019–present window
Filed
Nov 7, 2019
original filing

Summary

Cutter & Co Brokerage, Inc. reported $311M in U.S.-listed holdings across 297 positions for Q3 2019.

Its largest position, BRK/B, represents 6.9% of the portfolio.

Compared with Q2 2019, the fund opened 18 new positions and exited 23.

Portfolio Metrics

Turnover
+6.4%
vs prior filed quarter
Top-10 Concentration
+26.5%
share of reported value
Largest Position
+6.9%
Berkshire Hathaway Inc B
New / Exited
18 / 23
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $263MQ4 ’18Q1 ’19: $352MQ2 ’19: $317MQ3 ’19: $311MQ4 ’19: $285MQ4 ’19Q1 ’20: $265MQ2 ’20: $307MQ3 ’20: $337MQ4 ’20: $381MQ4 ’20Q1 ’21: $410MQ2 ’21: $435MQ3 ’21: $419MQ4 ’21: $365MQ4 ’21Q1 ’22: $336MQ2 ’22: $293MQ3 ’22: $269MQ4 ’22: $296MQ4 ’22Q1 ’23: $321MQ2 ’23: $339MQ3 ’23: $342MQ4 ’23: $360MQ4 ’23Q1 ’24: $407MQ2 ’24: $413MQ3 ’24: $442MQ4 ’24: $410MQ4 ’24Q1 ’25: $423MQ2 ’25: $0Q3 ’25: $0Q4 ’25: $0Q4 ’25Q1 ’26: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 70.8%ETP: 7.5%Other: 7.1%ADR: 6.2%MLP: 5.0%Other: 3.3%
  • Common Stock · 70.8% · $220M
  • ETP · 7.5% · $23M
  • Other · 7.1% · $22M
  • ADR · 6.2% · $19M
  • MLP · 5.0% · $16M
  • Other · 3.3% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GMABGENMAB A S SPON ADRNEW+155.0K155.0K+$3M$3M
MONMOUTH REAL EST CL ANEW+102.8K102.8K+$1M$1M
INVITAE CORPNEW+32.1K32.1K+$619,000$619,000
HQYHEALTHEQUITY INCNEW+9.1K9.1K+$519,000$519,000
VETVERMILION ENERGY INCNEW+25.4K25.4K+$425,000$425,000
JKHYHENRY JACK ASSOC INCNEW+1.8K1.8K+$269,000$269,000
ALTUS MIDSTREAM CONEW+93.7K93.7K+$265,000$265,000
PYPLPAYPAL HOLDINGS INCNEW+2.5K2.5K+$255,000$255,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

295 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC Bhistory →COM6.87%$21M102.6K
2EPDENTERPRISE PRODUCTShistory →COM3.01%$9M327.6K
3KENNEDY-WILSON HOLDINGSCOM2.87%$9M406.4K
4SXTSENSIENT TECHNOLOGIEShistory →COM2.40%$7M108.6K
5AWKAMERICAN WATER WORKS COhistory →COM2.36%$7M59.0K
6KMIKINDER MORGAN INC DELhistory →COM2.18%$7M328.4K
7AQUA AMERICA INCCOM2.00%$6M139.0K
8GOOGALPHABET INC CL CCOM1.85%$6M4.7K
9AAPLAPPLE INChistory →COM1.51%$5M21.0K
10MKCMCCORMICK CO INChistory →COM1.50%$5M29.8K
11MDTMEDTRONIC PLChistory →COM1.39%$4M39.8K
12NVONOVO NORDISK A S ADRhistory →COM1.24%$4M74.8K
13DEODIAGEO PLC SPONS ADR NEWhistory →COM1.23%$4M23.4K
14BABAALIBABA GRP HOLDING ADRhistory →COM1.21%$4M22.5K
15FMCFMC CORP NEWhistory →COM1.20%$4M42.5K
16KANSAS CITY SOUTHERNCOM1.19%$4M27.9K
17VTRVENTAS INChistory →COM1.19%$4M50.5K
18TAT T INChistory →COM1.18%$4M96.8K
19PEPPEPSICO INCORPORATEDhistory →COM1.17%$4M26.6K
20PAGPPLAINS GP HLDGS LPhistory →COM1.01%$3M148.0K
21GMABGENMAB A S SPON ADRhistory →COM1.01%$3M155.0K
22METAFACEBOOK INC CLASS ACOM0.99%$3M17.3K
23JNJJOHNSON JOHNSONCOM0.93%$3M22.3K
24APACHE CORP COMMONCOM0.93%$3M112.5K
25UNPUNION PACIFIC CORPCOM0.92%$3M17.7K
26S W SEED COCOM0.92%$3M1.20M
27SRSPIRE INCCOM0.88%$3M31.2K
28ENBENBRIDGE INCCOM0.84%$3M74.1K
29CRH PLC ADRCOM0.83%$3M75.1K
30SPYSPDR S P 500 TRUST ETFCOM0.83%$3M8.7K
31NTRNUTRIEN LTDCOM0.82%$3M51.1K
32WMBWILLIAMS COMPANIES INCCOM0.81%$3M105.1K
33LINDE PLCCOM0.81%$3M13.0K
34ENABLE MIDSTREAM PTNRSCOM0.80%$2M207.5K
35ALBALBEMARLE CORPCOM0.79%$2M35.3K
36AMZNAMAZON COM INCCOM0.77%$2M1.4K
37ILMNILLUMINA INCCOM0.77%$2M7.9K
38HSICSCHEIN HENRY INCCOM0.73%$2M35.7K
39INGRINGREDION INCORPORATEDCOM0.73%$2M27.6K
40MOSMOSAIC COMPANYCOM0.62%$2M94.6K
41WFCWELLS FARGO CO 7.5 ACOM0.62%$2M1.3K
42FTSFORTIS INCCOM0.61%$2M45.1K
43QQQINVESCO QQQ TR ETFCOM0.60%$2M9.9K
44BMYBRISTOL MYERS SQUIBBCOM0.60%$2M36.8K
45VZVERIZON COMMUNICATIONSCOM0.59%$2M30.6K
46CPKCHESAPEAKE UTILS CORPCOM0.59%$2M19.1K
47HWKNHAWKINS INCCOM0.56%$2M40.6K
48DIASPDR DOW JONES INDL ETFCOM0.54%$2M6.3K
49ROYAL DUTCH SHL ADR CL ACOM0.54%$2M28.7K
50VOOVANGUARD INDEX FDS ETFCOM0.54%$2M8.1K
51PFEPFIZER INCORPORATEDCOM0.54%$2M46.4K
52SRESEMPRA ENERGYCOM0.50%$2M10.5K
53REGNREGENERON PHARM INCCOM0.50%$2M5.6K
54MSFTMICROSOFT CORPCOM0.49%$2M10.9K
55VVISA INC CLASS ACOM0.48%$2M8.7K
56MONMOUTH REAL EST CL ACOM0.48%$1M102.8K
57BABOEING COCOM0.44%$1M3.6K
58MAGELLAN MIDSTREAM PRTNSCOM0.43%$1M20.4K
59GISGENL MILLS INCCOM0.43%$1M24.2K
60JPMJPMORGAN CHASE COCOM0.42%$1M11.2K
61THSTREEHOUSE FOODS INCCOM0.42%$1M23.4K
62VODVODAFONE GROUP PLC NEWCOM0.41%$1M64.3K
63BF/BBROWN FORMAN CORP CL BCOM0.41%$1M20.3K
64DISDISNEY WALT COMPANYCOM0.41%$1M9.7K
65WBAWALGREENS BOOTSCOM0.40%$1M22.7K
66FANGDIAMONDBACK ENERGY INCCOM0.40%$1M13.8K
67XYZSQUARE INC-ACOM0.38%$1M18.9K
68MAMASTERCARD INC CL ACOM0.37%$1M4.2K
69MRKMERCK CO INC NEWCOM0.37%$1M13.6K
70LIVENT CORPCOM0.37%$1M170.4K
71HXLHEXCEL CORP NEWCOM0.36%$1M13.7K
72EIXEDISON INTLCOM0.36%$1M14.8K
73VLOVALERO ENERGY CORP NEWCOM0.36%$1M13.0K
74LAM RESEARCH CORPORATIONCOM0.35%$1M4.7K
75CRMSALESFORCE.COMCOM0.35%$1M7.2K
76ETENERGY TRANSFER LPCOM0.34%$1M81.7K
77HEIHEICO CORP NEWCOM0.34%$1M8.5K
78PBAPEMBINA PIPELINE CORPCOM0.33%$1M27.8K
79ARCCARES CAPITAL CORPCOM0.33%$1M55.1K
80ROKUROKU INCCOM0.32%$1M9.9K
81FVCFIRST DORSEY WRIGHT ETFCOM0.32%$1M38.0K
82HDHOME DEPOT INCCOM0.31%$978,0004.2K
83NEENEXTERA ENERGY INCCOM0.31%$976,0004.2K
84INTCINTEL CORPCOM0.30%$919,00017.8K
85NVSNOVARTIS AGCOM0.29%$904,00010.4K
86WSOWATSCO INCCOM0.29%$899,0005.3K
87PGXINVESCO TR II PFD ETFCOM0.29%$895,00059.6K
88DOCUDOCUSIGN INCCOM0.29%$895,00014.4K
89IQVIQVIA HLDGS INCCOM0.29%$893,0006.0K
90SAGE THERAPEUTICS INCCOM0.29%$890,0006.3K
91IYWISHARES U.S. TECH ETFCOM0.28%$883,0004.3K
92NATUS MEDICAL INCCOM0.28%$881,00027.7K
93NFLXNETFLIX.COM INCCOM0.28%$869,0003.2K
94WKHSWORKHORSE GRP INCCOM0.27%$846,000241.8K
95CATCATERPILLAR INCCOM0.26%$822,0006.5K
96BACBANK OF AMERICA CORPCOM0.26%$803,00027.5K
97FBTFIRST TR ETF NYSE ETFCOM0.26%$800,0006.5K
98VEUVANGUARD FTSE ALL WORLDCOM0.25%$769,00015.4K
99MUMICRON TECHNOLOGY INCCOM0.24%$754,00017.6K
100CSCOCISCO SYS INCCOM0.24%$751,00015.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01Apr 9, 202613F-HRchanges · EDGAR ↗
Q4 2025$01Jan 7, 202613F-HRchanges · EDGAR ↗
Q3 2025$01Oct 16, 202513F-HRchanges · EDGAR ↗
Q2 2025$01Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$423M183May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$410M209Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$442M218Oct 25, 202413F-HRchanges · EDGAR ↗
Q2 2024$413M207Jul 31, 202413F-HRchanges · EDGAR ↗
Q1 2024$407M209Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$360M198Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$342M209Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$339M212Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$321M218May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$296M217Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$269M226Nov 3, 202213F-HRchanges · EDGAR ↗
Q2 2022$293M229Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$336M231May 3, 202213F-HRchanges · EDGAR ↗
Q4 2021$365M276Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$419M306Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$435M313Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$410M301May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$381M284Feb 3, 202113F-HRchanges · EDGAR ↗
Q3 2020$337M274Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$307M247Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$265M235May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$285M251Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$311M297Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$317M302Aug 1, 2019RESTATEMENTchanges · EDGAR ↗
Q1 2019$352M292Apr 23, 201913F-HRchanges · EDGAR ↗
Q4 2018$263M268Feb 7, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.