SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Cutter & CO Brokerage, Inc.

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

Reported Value
$419M
Q3 2021
Positions
306
Filings on Record
31
2019–present window
Filed
Nov 2, 2021
original filing

Summary

Cutter & Co Brokerage, Inc. reported $419M in U.S.-listed holdings across 306 positions for Q3 2021.

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

Compared with Q2 2021, the fund opened 20 new positions and exited 27.

Portfolio Metrics

Turnover
+7.4%
vs prior filed quarter
Top-10 Concentration
+26.9%
share of reported value
Largest Position
+9.1%
Berkshire Hathaway Inc B
New / Exited
20 / 27
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: 63.0%Other: 16.9%ADR: 10.6%ETP: 5.8%MLP: 2.6%Other: 1.1%
  • Common Stock · 63.0% · $264M
  • Other · 16.9% · $71M
  • ADR · 10.6% · $44M
  • ETP · 5.8% · $25M
  • MLP · 2.6% · $11M
  • Other · 1.1% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SYMRISE AGNEW+73.6K73.6K+$9M$9M
CYXTERA TECHNOLOGIES INCNEW+245.6K245.6K+$2M$2M
PIERIS PHARMANEW+326.1K326.1K+$2M$2M
TREATT PLNEW+89.9K89.9K+$1M$1M
SHARECARE INCNEW+101.9K101.9K+$839,000$839,000
GBTCGRAYSCALE BITCOIN TRNEW+21.2K21.2K+$718,000$718,000
TAKTAKEDA PHARM CO LTD ADRNEW+28.3K28.3K+$464,000$464,000
ELANELANCO ANIMAL HEALTHNEW+10.8K10.8K+$346,000$346,000

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

Holdings — Q3 2021

304 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC Bhistory →COM9.07%$38M139.3K
2GOOGALPHABET INC CL CCOM3.04%$13M4.8K
3GVDNYGIVAUDAN UNSPON ADRhistory →COM2.44%$10M112.0K
4SYMRISE AGCOM2.25%$9M73.6K
5EPDENTERPRISE PRODUCTShistory →COM2.04%$9M395.4K
6AWKAMERICAN WATER WORKS COhistory →COM1.95%$8M48.5K
7IFFINTL FLAVOR FRAGRANCEhistory →COM1.83%$8M57.5K
8SXTSENSIENT TECHNOLOGIEShistory →COM1.44%$6M66.5K
9HEIHEICO CORPhistory →COM1.44%$6M45.7K
10AAPLAPPLE INChistory →COM1.41%$6M41.9K
11HOLCIM LTDCOM1.32%$6M117.9K
12METAFACEBOOK INC CLASS Ahistory →COM1.29%$5M15.9K
13GMABGENMAB AS SPON ADRhistory →COM1.27%$5M121.6K
14BCPCBALCHEM CORPhistory →COM1.15%$5M33.2K
15BOLLORE SACOM1.12%$5M834.4K
16REGNREGENERON PHARM INChistory →COM1.06%$4M7.4K
17WTRGESSENTIAL UTILS INChistory →COM1.06%$4M96.4K
18NVONOVO NORDISK A S ADRhistory →COM1.05%$4M45.9K
19MDTMEDTRONIC INChistory →COM1.03%$4M34.6K
20KONINKLIJKE DSM NV ADRCOM1.01%$4M84.6K
21KMIKINDER MORGAN INCCOM1.00%$4M250.1K
22HEINEKEN HLDGS NVCOM0.97%$4M47.3K
23DEODIAGEO PLC SPONS ADR NEWCOM0.94%$4M20.5K
24INGRINGREDION INCCOM0.90%$4M42.4K
25MKCMC CORMICK CO INCCOM0.88%$4M45.8K
26MPMP MATERIALS CORP FVACCOM0.88%$4M114.6K
27GROUPE BRUXELLES LAMBERTCOM0.88%$4M34.3K
28ILMNILLUMINA INCCOM0.85%$4M8.8K
29LINDE AGCOM0.84%$4M12.0K
30TAT T INCCOM0.84%$4M130.1K
31CHR HANSEN HLDCOM0.83%$3M168.8K
32ZBRAZEBRA TECHNOLOGIES CL ACOM0.82%$3M6.7K
33AMARIN CORPCOM0.82%$3M671.5K
34BIOGYBIOGAIACOM0.80%$3M132.4K
35CHGCYCHUGAI PHARMACEUTICAL COCOM0.77%$3M176.5K
36NOCNORTHROP GRUMMAN CORPCOM0.77%$3M8.9K
37ATGFFALTAGAS INCOME LTDCOM0.76%$3M161.7K
38BMYBRISTOL MYERS SQUIBBCOM0.76%$3M53.6K
39PEPPEPSICO INCCOM0.75%$3M20.9K
40HEIDELBERG CEMENTCOM0.75%$3M209.9K
41TDSTELEPHONE DATA SYS INCCOM0.75%$3M160.3K
42REMARK HOLDINGS INCCOM0.73%$3M2.93M
43CRODA INTERNATIONAL PLCCOM0.72%$3M27.0K
44UNPUNION PACIFIC CORPCOM0.67%$3M14.4K
45S W SEED COCOM0.67%$3M1.08M
46SWXSOUTHWEST GASCOM0.66%$3M41.2K
47LAM RESEARCH CORPORATIONCOM0.65%$3M4.8K
48CSNVYCORBION NVCOM0.65%$3M56.2K
49IMCD GRP NVCOM0.65%$3M14.2K
50JOEST JOE COMPANYCOM0.64%$3M63.7K
51RGCORGC RESOURCESCOM0.62%$3M115.2K
52VOOVANGUARD INDX S P500 ETFCOM0.61%$3M6.5K
53WMBWILLIAMS COMPANIES INCCOM0.59%$2M95.8K
54BRRLYBARRY CALLEBAUTCOM0.58%$2M106.9K
55LHXL3HARRIS TECHNOLOGIESCOM0.58%$2M11.0K
56PROBI ABCOM0.58%$2M57.5K
57MSFTMICROSOFT CORPCOM0.57%$2M8.4K
58DISCOVERY INC ACOM0.56%$2M91.7K
59CYXTERA TECHNOLOGIES INCCOM0.54%$2M245.6K
60LIBERTY MEDIA UTSCOM0.53%$2M215.9K
61VRTXVERTEX PHARM INCCOM0.52%$2M12.1K
62MRCYMERCURY SYSTEMS INCCOM0.50%$2M44.5K
63BJBJ'S WHOLESALE CLUBCOM0.49%$2M37.2K
64WWDWOODARD INCCOM0.48%$2M17.8K
65THSTREEHOUSE FOODS INCCOM0.47%$2M49.8K
66VZVERIZON COMMUNICATIONSCOM0.46%$2M35.8K
67FMCFMC CORP NEWCOM0.46%$2M21.0K
68VGTVANGUARD INFO TECH ETFCOM0.45%$2M4.7K
69QQQINVESCO QQQ TR ETFCOM0.45%$2M5.3K
70ESIELEMENT SOLUTIONS INCCOM0.44%$2M85.6K
71SPYSPDR S P 500 TRUST ETFCOM0.44%$2M4.3K
72KRYAYKERRY GROUP PLCCOM0.42%$2M12.9K
73PIERIS PHARMACOM0.40%$2M326.1K
74XYZSQUARE INC CL ACOM0.40%$2M6.9K
75BNTGYBRENNTAG SECOM0.38%$2M85.1K
76BNTXBIONTECH SE UNSPON ADRCOM0.35%$1M5.4K
77JPMJPMORGAN CHASE COCOM0.34%$1M8.8K
78SLVI SHARES SILVER TR ETFCOM0.34%$1M68.9K
79AMZNAMAZON COM INCCOM0.33%$1M426
80ROYAL DUTCH SHELL PLC SPONS ADR ACOM0.33%$1M31.3K
81WSOWATSCO INCCOM0.33%$1M5.3K
82ARCCARES CAPITAL CORPCOM0.32%$1M66.8K
83KANSAS CITY SOUTHERNCOM0.32%$1M5.0K
84VLOVALERO ENERGY CORP NEWCOM0.32%$1M19.0K
85CVXCHEVRON CORPORATIONCOM0.31%$1M12.9K
86CVSCVS HEALTH CORPCOM0.31%$1M15.2K
87NFGNATIONAL FUEL GASCOM0.31%$1M24.5K
88LANXESS AGCOM0.31%$1M19.3K
89IYWISHARES U.S. TECH ETFCOM0.30%$1M12.4K
90BF/BBROWN FORMAN CORP CL BCOM0.29%$1M18.4K
91HDHOME DEPOT INCCOM0.28%$1M3.5K
92TREATT PLCOM0.27%$1M89.9K
93CIBRFIRST NASDAQ CYBERSC ETFCOM0.27%$1M23.2K
94BACBANK OF AMERICA CORPCOM0.27%$1M26.5K
95AERGAPPLIED ENERGETICS INCCOM0.27%$1M619.0K
96DIASPDR DOW JONES INDL ETFCOM0.26%$1M3.3K
97PAGPPLAINS GP HLDGS LPCOM0.25%$1M95.9K
98SPGIS P GLOBAL INCCOM0.24%$995,0002.3K
99ABBVABBVIE INCCOM0.23%$974,0009.0K
100GLAPYGLANBIA PLC SPONS ADRCOM0.23%$950,00011.5K

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 ↗.