SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Cutter & CO Brokerage, Inc.

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

Reported Value
$435M
Q2 2021
Positions
313
Filings on Record
31
2019–present window
Filed
Aug 9, 2021
original filing

Summary

Cutter & Co Brokerage, Inc. reported $435M in U.S.-listed holdings across 313 positions for Q2 2021.

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

Compared with Q1 2021, the fund opened 26 new positions and exited 14.

Portfolio Metrics

Turnover
+7.6%
vs prior filed quarter
Top-10 Concentration
+26.5%
share of reported value
Largest Position
+9.1%
Berkshire Hathaway Inc B
New / Exited
26 / 14
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: 64.8%Other: 15.4%ADR: 10.5%ETP: 5.4%MLP: 2.7%Other: 1.1%
  • Common Stock · 64.8% · $282M
  • Other · 15.4% · $67M
  • ADR · 10.5% · $46M
  • ETP · 5.4% · $23M
  • MLP · 2.7% · $12M
  • Other · 1.1% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HOLCIM LTDNEW+115.5K115.5K+$7M$7M
DISCOVERY INC ANEW+95.7K95.7K+$3M$3M
BRRLYBARRY CALLEBAUTNEW+91.2K91.2K+$2M$2M
BNTGYBRENNTAG SENEW+81.4K81.4K+$2M$2M
AIQUYL'AIR LIQUIDE ADRNEW+24.8K24.8K+$870,000$870,000
EVONIK INDUSTRIES AG AKTNEW+18.9K18.9K+$650,000$650,000
MRCYMERCURY SYSTEMS INCNEW+5.2K5.2K+$347,000$347,000
TXTTEXTRON INCNEW+3.8K3.8K+$263,000$263,000

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

Holdings — Q2 2021

311 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC Bhistory →COM9.11%$40M142.5K
2GOOGALPHABET INC CL CCOM2.80%$12M4.9K
3GVDNYGIVAUDAN SAhistory →COM2.44%$11M114.3K
4EPDENTERPRISE PRODUCTShistory →COM2.12%$9M381.3K
5IFFINTL FLAVOR FRAGRANCEhistory →COM2.00%$9M58.2K
6AWKAMERICAN WATER WORKS COhistory →COM1.74%$8M49.0K
7SXTSENSIENT TECHNOLOGIEShistory →COM1.68%$7M84.5K
8HOLCIM LTDCOM1.56%$7M115.5K
9AAPLAPPLE INChistory →COM1.53%$7M48.6K
10HEIHEICO CORPhistory →COM1.49%$6M46.4K
11GMABGENMAB A S ADRhistory →COM1.31%$6M139.6K
12METAFACEBOOK INC CLASS Ahistory →COM1.28%$6M16.0K
13REMARK HOLDINGS INCCOM1.17%$5M2.74M
14KMIKINDER MORGAN INChistory →COM1.11%$5M264.5K
15HEINEKEN HLDGS NVCOM1.10%$5M47.9K
16BOLLORE INVESTISSEMENTCOM1.06%$5M856.7K
17WTRGESSENTIAL UTILS INChistory →COM1.03%$4M97.9K
18KONINKLIJKE DSM NV ADRCOM1.00%$4M93.2K
19BCPCBALCHEM CORPCOM1.00%$4M33.0K
20MDTMEDTRONIC INCCOM0.99%$4M34.7K
21MPMP MATERIALS CORP (FVAC)COM0.98%$4M115.5K
22ZBRAZEBRA TECHNOLOGIES CL ACOM0.98%$4M8.2K
23PROBI ABCOM0.98%$4M58.3K
24MKCMCCORMICK CO INCCOM0.96%$4M47.0K
25ILMNILLUMINA INCCOM0.95%$4M8.8K
26DEODIAGEO PLC SPONS ADR NEWCOM0.93%$4M21.0K
27CHR HANSEN HLDCOM0.90%$4M173.4K
28NVONOVO NORDISK A S ADRCOM0.90%$4M46.7K
29INGRINGREDION INCCOM0.89%$4M42.9K
30TATT INCCOM0.87%$4M131.7K
31GROUPE BRUXELLES LAMBERTCOM0.86%$4M34.2K
32S W SEED COCOM0.86%$4M1.03M
33HEIDELBERG CEMENTCOM0.85%$4M216.8K
34BIOGYBIOGAIACOM0.85%$4M130.1K
35TDSTELEPHONE DATA SYS INCCOM0.84%$4M160.6K
36CHGCYCHUGAI PHARMACEUTICAL COCOM0.83%$4M182.2K
37REGNREGENERON PHARM INCCOM0.83%$4M6.5K
38BMYBRISTOL MYERS SQUIBBCOM0.82%$4M53.5K
39ATGFFALTAGAS INCOME LTDCOM0.82%$4M170.3K
40LINDE AGCOM0.81%$4M12.2K
41UNPUNION PACIFIC CORPCOM0.77%$3M15.1K
42NOCNORTHROP GRUMMAN CORPCOM0.76%$3M9.1K
43CSNVYCORBION NVCOM0.75%$3M57.2K
44PEPPEPSICO INCCOM0.72%$3M21.3K
45LAM RESEARCH CORPORATIONCOM0.72%$3M4.8K
46JOEST JOE COMPANYCOM0.70%$3M68.7K
47NTRNUTRIEN LTDCOM0.69%$3M49.7K
48AMARIN CORPCOM0.69%$3M682.9K
49RGCORGC RESOURCESCOM0.68%$3M116.9K
50DISCOVERY INC ACOM0.68%$3M95.7K
51CRODA INTERNATIONAL PLCCOM0.64%$3M27.7K
52SWXSOUTHWEST GASCOM0.63%$3M41.5K
53ALBALBEMARLE CORPCOM0.62%$3M16.1K
54WMBWILLIAMS COMPANIES INCCOM0.59%$3M97.4K
55ESIELEMENT SOLUTIONS INCCOM0.58%$3M108.2K
56LHXL3HARRIS TECHNOLOGIESCOM0.57%$2M11.5K
57FMCFMC CORP NEWCOM0.57%$2M22.8K
58STARBOARD VALUECOM0.57%$2M246.4K
59VRTXVERTEX PHARM INCCOM0.55%$2M11.9K
60LIBERTY MEDIA ACQ CORPCOM0.53%$2M219.1K
61VOOVANGUARD INDX S P500 ETFCOM0.53%$2M5.9K
62IMCD GRP NVCOM0.53%$2M14.5K
63MSFTMICROSOFT CORPCOM0.52%$2M8.3K
64THSTREEHOUSE FOODS INCCOM0.51%$2M50.1K
65WWDWOODWARD INCCOM0.49%$2M17.5K
66BRRLYBARRY CALLEBAUTCOM0.49%$2M91.2K
67VZVERIZON COMMUNICATIONSCOM0.45%$2M34.8K
68VGTVANGUARD INFO TECH ETFCOM0.45%$2M4.9K
69QQQINVESCO QQQ TR ETFCOM0.43%$2M5.3K
70BJBJ'S WHOLESALE CLUBCOM0.43%$2M38.8K
71KRYAYKERRY GROUP PLCCOM0.42%$2M13.5K
72SPYSPDR S P 500 TRUST ETFCOM0.42%$2M4.2K
73XYZSQUARE INC ACOM0.40%$2M7.1K
74SLVI SHARES SILVER TR ETFCOM0.39%$2M70.3K
75WSOWATSCO INCCOM0.35%$2M5.3K
76BNTGYBRENNTAG SECOM0.35%$2M81.4K
77KANSAS CITY SOUTHERNCOM0.35%$2M5.3K
78VLOVALERO ENERGY CORP NEWCOM0.34%$1M19.1K
79BNTXBIONTECH SE UNSPON ADRCOM0.33%$1M6.5K
80BF/BBROWN FORMAN CORP CL BCOM0.33%$1M18.9K
81LANXESS AGCOM0.32%$1M19.5K
82AMZNAMAZON COM INCCOM0.32%$1M400
83ROYAL DUTCH SHL ADR ACOM0.32%$1M34.0K
84ARCCARES CAPITAL CORPCOM0.31%$1M68.5K
85CVXCHEVRON CORPORATIONCOM0.30%$1M12.6K
86IYWISHARES U.S. TECH ETFCOM0.29%$1M12.8K
87JPMJPMORGAN CHASE COCOM0.29%$1M8.1K
88CVSCVS HEALTH CORPCOM0.28%$1M14.7K
89PAGPPLAINS GP HLDGS LPCOM0.26%$1M95.2K
90DIASPDR DOW JONES INDL ETFCOM0.26%$1M3.2K
91HDHOME DEPOT INCCOM0.26%$1M3.5K
92VVISA INC CLASS ACOM0.25%$1M4.6K
93BACBANK OF AMERICA CORPCOM0.25%$1M26.0K
94GDXVANECK VCTRS GOLD ETFCOM0.24%$1M31.3K
95ABBVABBVIE INCCOM0.24%$1M9.3K
96SPGIS P GLOBAL INCCOM0.23%$1M2.5K
97CIBRFIRST NASDAQ CYBERSC ETFCOM0.23%$994,00021.3K
98MAGELLAN MIDSTREAM PRTNSCOM0.22%$973,00019.9K
99GLAPYGLANBIA PLC SPONS ADRCOM0.22%$971,00012.0K
100INTCINTEL CORPCOM0.22%$939,00016.7K

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 ↗.