SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Cutter & CO Brokerage, Inc.

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

Reported Value
$381M
Q4 2020
Positions
284
Filings on Record
31
2019–present window
Filed
Feb 3, 2021
original filing

Summary

Cutter & Co Brokerage, Inc. reported $381M in U.S.-listed holdings across 284 positions for Q4 2020.

Its largest position, BRK/B, represents 8.8% of the portfolio.

Compared with Q3 2020, the fund opened 29 new positions and exited 20.

Portfolio Metrics

Turnover
+5.0%
vs prior filed quarter
Top-10 Concentration
+27.9%
share of reported value
Largest Position
+8.8%
Berkshire Hathaway
New / Exited
29 / 20
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: 62.9%Other: 18.6%ADR: 9.2%ETP: 4.2%MLP: 2.5%Other: 2.6%
  • Common Stock · 62.9% · $239M
  • Other · 18.6% · $71M
  • ADR · 9.2% · $35M
  • ETP · 4.2% · $16M
  • MLP · 2.5% · $9M
  • Other · 2.6% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MPMP MATERIALS CORP FVACNEW+143.9K143.9K+$5M$5M
AMARIN CORPNEW+437.6K437.6K+$2M$2M
DESKTOP METAL INCNEW+85.6K85.6K+$1M$1M
LORDSTOWN MTRS CORPNEW+70.5K70.5K+$1M$1M
VRTXVERTEX PHARM INCNEW+4.2K4.2K+$1M$1M
WFCWELLS FARGO CO NEWNEW+28.9K28.9K+$873,000$873,000
BJBJS WHOLESALE CLUB HLDGSNEW+21.3K21.3K+$795,000$795,000
LHXL3HARRIS TECHNOLOGIESNEW+3.8K3.8K+$721,000$721,000

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

Holdings — Q4 2020

282 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC CL BCOM8.83%$34M143.5K
2SXTSENSIENT TECHNOLOGIEShistory →COM2.71%$10M139.8K
3SYMRISE AGCOM2.64%$10M75.2K
4GVDNYGIVAUDAN SAhistory →COM2.57%$10M115.3K
5GOOGALPHABET INC CL CCOM2.24%$9M4.9K
6AWKAMERICAN WATER WORKS COhistory →COM1.99%$8M49.4K
7EPDENTERPRISE PRODUCTShistory →COM1.96%$7M380.3K
8AAPLAPPLE INChistory →COM1.69%$6M48.5K
9HEIHEICO CORPhistory →COM1.65%$6M47.3K
10LAFARGEHOLCIM LTDCOM1.60%$6M107.4K
11IFFINTL FLAVOR FRAGhistory →COM1.37%$5M48.0K
12GMABGENMAB AS ADRhistory →COM1.30%$5M122.2K
13CHGCYCHUGAI PHARMACEUTICAL COhistory →COM1.29%$5M184.4K
14REMARK HOLDINGS INCCOM1.24%$5M2.48M
15WTRGESSENTIAL UTILS INChistory →COM1.24%$5M99.4K
16MPMP MATERIALS CORP FVAChistory →COM1.22%$5M143.9K
17MKCMCCORMICK CO INChistory →COM1.20%$5M47.7K
18HEINEKEN HLDGS NVCOM1.17%$4M48.2K
19METAFACEBOOK INC CLASS Ahistory →COM1.16%$4M16.1K
20CHR HANSEN HLDCOM1.13%$4M168.5K
21MONMOUTH REAL EST CL ACOM1.13%$4M248.6K
22KONINKLIJKE DSM NV ADRCOM1.11%$4M97.3K
23MDTMEDTRONIC INChistory →COM1.07%$4M34.8K
24ALBALBEMARLE CORPhistory →COM1.05%$4M27.2K
25KMIKINDER MORGAN INChistory →COM1.03%$4M287.2K
26HEIDELBERGCEMENTCOM0.96%$4M245.9K
27TAT T INCCOM0.94%$4M124.1K
28GROUPE BRUXELLES LAMBERTCOM0.90%$3M34.5K
29KENNEDY WILSON HOLDINGSCOM0.90%$3M191.0K
30INGRINGREDION INCCOM0.89%$3M43.0K
31BCPCBALCHEM CORPCOM0.89%$3M29.4K
32DEODIAGEO PLC SPONS ADR NEWCOM0.88%$3M21.2K
33BMYBRISTOL MYERS SQUIBBCOM0.87%$3M53.5K
34NVONOVO NORDISK A S ADRCOM0.87%$3M47.2K
35ILMNILLUMINA INCCOM0.85%$3M8.8K
36FMCFMC CORP NEWCOM0.85%$3M28.0K
37BOLLORE SACOM0.84%$3M765.4K
38SW SEED COCOM0.84%$3M1.09M
39PEPPEPSICO INCCOM0.83%$3M21.4K
40LINDE AGCOM0.82%$3M11.8K
41UNPUNION PACIFIC CORPCOM0.81%$3M14.8K
42PROBI ABCOM0.80%$3M59.1K
43JOEST JOE COMPANYCOM0.79%$3M70.6K
44ZBRAZEBRA TECHNOLOGIES CL ACOM0.73%$3M7.2K
45REGNREGENERON PHARM INCCOM0.71%$3M5.6K
46TDSTELEPHONE DATA SYS INCCOM0.70%$3M142.7K
47NTRNUTRIEN LTDCOM0.67%$3M52.6K
48ATGFFALTAGAS LTDCOM0.67%$3M172.0K
49KANSAS CITY SOUTHERNCOM0.64%$2M12.0K
50CRODA INTERNATIONAL PLCCOM0.64%$2M27.8K
51LAM RESEARCH CORPORATIONCOM0.60%$2M4.9K
52WWDWOODWARD INCCOM0.58%$2M18.0K
53AMARIN CORPCOM0.56%$2M437.6K
54CORNING NATURAL GASCOM0.56%$2M138.1K
55THSTREEHOUSE FOODS INCCOM0.53%$2M47.7K
56WMBWILLIAMS COMPANIES INCCOM0.53%$2M100.9K
57ESIELEMENT SOLUTIONS INCCOM0.52%$2M112.4K
58MSFTMICROSOFT CORPCOM0.50%$2M8.6K
59IMCD GRP NVCOM0.48%$2M14.5K
60VZVERIZON COMMUNICATIONSCOM0.48%$2M31.0K
61SLVI SHARES SILVER TR ETFCOM0.44%$2M68.4K
62WKHSWORKHORSE GRP INCCOM0.44%$2M84.7K
63BIOGYBIOGAIACOM0.44%$2M50.9K
64SPYSPDR S P 500 TRUST ETFCOM0.42%$2M4.3K
65LANXESS AGCOM0.40%$2M19.5K
66VTRVENTAS INCCOM0.40%$2M31.1K
67QQQINVESCO QQQ TR ETFCOM0.40%$2M4.8K
68BF/BBROWN FORMAN CORP CL BCOM0.39%$2M18.9K
69DESKTOP METAL INCCOM0.39%$1M85.6K
70ROYAL DUTCH SHELL PLC SPONS ADR ACOM0.39%$1M41.8K
71XYZSQUARE INC ACOM0.38%$1M6.6K
72LORDSTOWN MTRS CORPCOM0.37%$1M70.5K
73BABAALIBABA GRP HLDG LTD ADRCOM0.36%$1M5.9K
74KERRY GROUP PLCCOM0.36%$1M9.9K
75VOOVANGUARD INDX S P500 ETFCOM0.36%$1M4.0K
76SWXSOUTHWEST GASCOM0.32%$1M20.2K
77WSOWATSCO INCCOM0.32%$1M5.3K
78AMZNAMAZON COM INCCOM0.31%$1M367
79IYWISHARES U.S. TECH ETFCOM0.30%$1M13.3K
80ARCCARES CAPITAL CORPCOM0.29%$1M66.0K
81VLOVALERO ENERGY CORP NEWCOM0.28%$1M18.7K
82JPMJPMORGAN CHASE COCOM0.28%$1M8.3K
83HDHOME DEPOT INCCOM0.27%$1M3.9K
84VVISA INC CLASS ACOM0.27%$1M4.6K
85BUNGE LTDCOM0.27%$1M15.4K
86WBAWALGREENS BOOTSCOM0.27%$1M25.3K
87VRTXVERTEX PHARM INCCOM0.26%$1M4.2K
88DIASPDR DOW JONES INDL ETFCOM0.26%$993,0003.2K
89TRANSALTA RENEWABLES INCCOM0.25%$946,00055.4K
90MAGELLAN MIDSTREAM PRTNSCOM0.24%$902,00021.3K
91AVGOBROADCOM INCCOM0.24%$898,0002.1K
92INTCINTEL CORPCOM0.24%$895,00018.0K
93VGTVANGUARD INFO TECH ETFCOM0.23%$888,0002.5K
94SAGE THERAPEUTICS INCCOM0.23%$875,00010.1K
95WFCWELLS FARGO CO NEWCOM0.23%$873,00028.9K
96CVSCVS HEALTH CORPCOM0.23%$864,00012.7K
97MRKMERCK CO INCCOM0.22%$841,00010.3K
98NVSNOVARTIS AGCOM0.22%$825,0008.7K
99CSXCSX CORPCOM0.21%$817,0009.0K
100FFXDFFAIRFAX INDIA HLDGS CORPCOM0.21%$809,00083.7K

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 ↗.