SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Cutter & CO Brokerage, Inc.

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

Reported Value
$410M
Q1 2021
Positions
301
Filings on Record
30
2019–present window
Filed
May 11, 2021
original filing

Summary

Cutter & Co Brokerage, Inc. reported $410M in U.S.-listed holdings across 301 positions for Q1 2021.

Its largest position, BRK/B, represents 9.1% of the portfolio.

Compared with Q4 2020, the fund opened 35 new positions and exited 17.

Portfolio Metrics

Turnover
+7.9%
vs prior filed quarter
Top-10 Concentration
+27.1%
share of reported value
Largest Position
+9.1%
Berkshire Hathaway
New / Exited
35 / 17
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
Q1 ’19: $352MQ1 ’19Q2 ’19: $317MQ3 ’19: $311MQ4 ’19: $285MQ1 ’20: $265MQ1 ’20Q2 ’20: $307MQ3 ’20: $337MQ4 ’20: $381MQ1 ’21: $410MQ1 ’21Q2 ’21: $435MQ3 ’21: $419MQ4 ’21: $365MQ1 ’22: $336MQ1 ’22Q2 ’22: $293MQ3 ’22: $269MQ4 ’22: $296MQ1 ’23: $321MQ1 ’23Q2 ’23: $339MQ3 ’23: $342MQ4 ’23: $360MQ1 ’24: $407MQ1 ’24Q2 ’24: $413MQ3 ’24: $442MQ4 ’24: $410MQ1 ’25: $423MQ1 ’25Q2 ’25: $0Q3 ’25: $0Q4 ’25: $0Q1 ’26: $0Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 64.4%Other: 17.5%ADR: 8.9%ETP: 4.6%MLP: 2.5%Other: 2.1%
  • Common Stock · 64.4% · $264M
  • Other · 17.5% · $72M
  • ADR · 8.9% · $36M
  • ETP · 4.6% · $19M
  • MLP · 2.5% · $10M
  • Other · 2.1% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CSNVYCORBION NVNEW+57.6K57.6K+$3M$3M
NOCNORTHROP GRUMMAN CORPNEW+9.1K9.1K+$3M$3M
STARBOARD VALUENEW+218.3K218.3K+$2M$2M
RGCORGC RESOURCES INCNEW+45.1K45.1K+$1M$1M
LIBERTY MEDIA ACQ CORPNEW+90.5K90.5K+$969,000$969,000
FALCON CAP ACQUISITIONNEW+80.4K80.4K+$802,000$802,000
INCYINCYTE CORPNEW+8.8K8.8K+$719,000$719,000
FEFIRSTENERGY CORPNEW+19.8K19.8K+$688,000$688,000

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

Holdings — Q1 2021

299 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC CL BCOM9.07%$37M143.8K
2GOOGALPHABET INC CL CCOM2.45%$10M4.9K
3SYMRISE AGCOM2.21%$9M75.1K
4SXTSENSIENT TECHNOLOGIEShistory →COM2.21%$9M115.8K
5GVDNYGIVAUDAN UNSPON ADRhistory →COM2.17%$9M115.1K
6EPDENTERPRISE PRODUCTShistory →COM2.04%$8M379.0K
7IFFINTL FLAVOR FRAGRANCEhistory →COM2.01%$8M59.0K
8AWKAMERICAN WATER WORKS COhistory →COM1.80%$7M49.1K
9LAFARGEHOLCIM LTDCOM1.65%$7M110.8K
10REMARK HOLDINGS INCCOM1.49%$6M2.67M
11HEIHEICO CORPhistory →COM1.45%$6M47.2K
12AAPLAPPLE INChistory →COM1.39%$6M46.6K
13KMIKINDER MORGAN INChistory →COM1.16%$5M286.4K
14METAFACEBOOK INC CLASS Ahistory →COM1.15%$5M15.9K
15GMABGENMAB A S SPON ADRhistory →COM1.14%$5M142.5K
16WTRGESSENTIAL UTILS INChistory →COM1.08%$4M98.9K
17HEINEKEN HLDGS NVCOM1.05%$4M48.0K
18BOLLORECOM1.04%$4M867.3K
19MKCMC CORMICK CO INChistory →COM1.03%$4M47.4K
20BCPCBALCHEM CORPhistory →COM1.03%$4M33.5K
21MDTMEDTRONIC INChistory →COM1.00%$4M34.8K
22KONINKLIJKE DSM NV ADRCOM1.00%$4M96.1K
23CHR HANSEN HLDCOM0.98%$4M175.6K
24HEIDELBERG CEMENTCOM0.98%$4M220.6K
25MPMP MATERIALS CORPCOM0.97%$4M110.0K
26TATT INCCOM0.96%$4M130.2K
27INGRINGREDION INCCOM0.96%$4M43.6K
28AMARIN CORPCOM0.92%$4M607.3K
29S W SEED COCOM0.92%$4M1.03M
30MONMOUTH REIT CL ACOM0.92%$4M212.7K
31TDSTELEPHONE DATA SYS INCCOM0.91%$4M162.7K
32CHGCYCHUGAI PHARMACEUTICAL COCOM0.90%$4M182.4K
33GROUPE BRUXELLES LAMBERTCOM0.86%$4M34.8K
34DEODIAGEO PLC SPONS ADR NEWCOM0.85%$3M21.1K
35LINDE AGCOM0.83%$3M12.2K
36ZBRAZEBRA TECHNOLOGIES CL ACOM0.82%$3M6.9K
37ILMNILLUMINA INCCOM0.82%$3M8.8K
38UNPUNION PACIFIC CORPCOM0.81%$3M15.0K
39BMYBRISTOL MYERS SQUIBBCOM0.80%$3M51.6K
40CSNVYCORBION NVCOM0.79%$3M57.6K
41NVONOVO NORDISK A S ADRCOM0.77%$3M46.8K
42BIOGYBIOGAIACOM0.76%$3M123.9K
43REGNREGENERON PHARM INCCOM0.75%$3M6.5K
44PEPPEPSICO INCCOM0.74%$3M21.4K
45PROBI ABCOM0.73%$3M58.9K
46JOEST JOE COMPANYCOM0.73%$3M69.9K
47NOCNORTHROP GRUMMAN CORPCOM0.72%$3M9.1K
48ATGFFALTAGAS LTDCOM0.70%$3M173.4K
49LAM RESEARCH CORPORATIONCOM0.70%$3M4.8K
50NTRNUTRIEN LTDCOM0.68%$3M51.7K
51THSTREEHOUSE FOODS INCCOM0.66%$3M51.9K
52FMCFMC CORP NEWCOM0.64%$3M23.8K
53ALBALBEMARLE CORPCOM0.59%$2M16.6K
54CRODA INTERNATIONAL PLCCOM0.58%$2M27.8K
55WMBWILLIAMS COMPANIES INCCOM0.58%$2M100.5K
56LHXL3HARRIS TECHNOLOGIESCOM0.57%$2M11.6K
57VRTXVERTEX PHARM INCCOM0.57%$2M10.8K
58SWXSOUTHWEST GAS HLDGS INCCOM0.57%$2M33.8K
59STARBOARD VALUECOM0.53%$2M218.3K
60WWDWOODWARD INCCOM0.53%$2M17.9K
61ESIELEMENT SOLUTIONS INCCOM0.50%$2M112.4K
62IMCD GRP NVCOM0.49%$2M14.5K
63VOOVANGUARD INDX S P500 ETFCOM0.49%$2M5.5K
64VZVERIZON COMMUNICATIONSCOM0.48%$2M33.8K
65MSFTMICROSOFT CORPCOM0.47%$2M8.2K
66BJBJ WHOLESALE CLUBCOM0.43%$2M38.8K
67SPYSPDR S P 500 TRUST ETFCOM0.41%$2M4.3K
68QQQINVESCO QQQ TR ETFCOM0.39%$2M5.0K
69VGTVANGUARD INFO TECH ETFCOM0.39%$2M4.4K
70XYZSQUARE INC ACOM0.38%$2M6.9K
71SLVI SHARES SILVER TR ETFCOM0.36%$1M64.4K
72LANXESS AGCOM0.36%$1M19.5K
73KANSAS CITY SOUTHERNCOM0.35%$1M5.4K
74WSOWATSCO INCCOM0.34%$1M5.3K
75VLOVALERO ENERGY CORP NEWCOM0.33%$1M18.9K
76KERRY GROUP PLC FCOM0.33%$1M10.4K
77CVXCHEVRON CORPORATIONCOM0.32%$1M12.5K
78BF/BBROWN FORMAN CORP CL BCOM0.32%$1M18.9K
79ROYAL DUTCH SHL ADR CL ACOM0.32%$1M33.1K
80ARCCARES CAPITAL CORPCOM0.31%$1M67.1K
81AMZNAMAZON COM INCCOM0.30%$1M395
82JPMJPMORGAN CHASE COCOM0.29%$1M7.8K
83IYWISHARES US TECH ETFCOM0.29%$1M13.5K
84WBAWALGREENS BOOTSCOM0.27%$1M20.2K
85HDHOME DEPOT INCCOM0.27%$1M3.6K
86INTCINTEL CORPCOM0.27%$1M17.1K
87DIASPDR DOW JONES INDL ETFCOM0.26%$1M3.2K
88CVSCVS HEALTH CORPCOM0.25%$1M13.9K
89BACBANK OF AMERICA CORPCOM0.24%$1M25.9K
90RGCORGC RESOURCES INCCOM0.24%$1M45.1K
91REKRREKOR SYSTEMS INCCOM0.24%$986,00049.3K
92LIBERTY MEDIA ACQ CORPCOM0.24%$969,00090.5K
93FFXDFFAIRFAX INDIA HLDGS CORPCOM0.24%$964,00077.1K
94VVISA INC CLASS ACOM0.23%$961,0004.5K
95LORDSTOWN MTRS CORPCOM0.23%$937,00079.6K
96MAGELLAN MIDSTREAM PRTNSCOM0.23%$937,00021.6K
97ABBVABBVIE INCCOM0.22%$916,0008.5K
98PAGPPLAINS GP HLDGS LPCOM0.22%$914,00097.3K
99GLAPYGLANBIA PLC SPONS ADRCOM0.22%$893,00012.0K
100CCGGYC C GROUP PLCCOM0.22%$882,00076.7K

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 ↗

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 ↗.