SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Cutter & CO Brokerage, Inc.

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

Reported Value
$269M
Q3 2022
Positions
226
Filings on Record
31
2019–present window
Filed
Nov 3, 2022
original filing

Summary

Cutter & Co Brokerage, Inc. reported $269M in U.S.-listed holdings across 226 positions for Q3 2022.

Its largest position, BRK/B, represents 14.5% of the portfolio.

Compared with Q2 2022, the fund opened 11 new positions and exited 14.

Portfolio Metrics

Turnover
+3.7%
vs prior filed quarter
Top-10 Concentration
+37.6%
share of reported value
Largest Position
+14.5%
Berkshire Hathaway Inc B
New / Exited
11 / 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: 75.4%ETP: 8.4%MLP: 5.9%ADR: 5.0%Other: 3.9%Other: 1.5%
  • Common Stock · 75.4% · $203M
  • ETP · 8.4% · $23M
  • MLP · 5.9% · $16M
  • ADR · 5.0% · $13M
  • Other · 3.9% · $11M
  • Other · 1.5% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CDRECADRE HOLDINGSNEW+54.6K54.6K+$1M$1M
ALPINE SUMMIT ENERGYNEW+46.5K46.5K+$237,000$237,000
GMGENERAL MOTORS CONEW+6.9K6.9K+$222,000$222,000
FTGCFIRST TR GLOBL TACTL ETFNEW+8.5K8.5K+$216,000$216,000
SJMJM SMUCKER CONEW+1.6K1.6K+$215,000$215,000
VTIVANGUARD TOTL STK MK ETFNEW+1.2K1.2K+$207,000$207,000
USMVISHARES EDGE MSCI ETFNEW+3.1K3.1K+$205,000$205,000
SOUTHSTATE CORPORATIONNEW+2.6K2.6K+$204,000$204,000

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

Holdings — Q3 2022

225 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC Bhistory →COM14.48%$39M145.9K
2EPDENTERPRISE PRODUCTShistory →COM4.80%$13M542.8K
3GOOGALPHABET INC CL CCOM3.99%$11M111.6K
4AWKAMERICAN WATER WORKS COhistory →COM2.53%$7M52.4K
5HEIHEICO CORPhistory →COM2.37%$6M44.4K
6REGNREGENERON PHARM INChistory →COM2.21%$6M8.6K
7AAPLAPPLE INChistory →COM1.96%$5M38.1K
8IFFINTL FLAVOR FRAGRANCEhistory →COM1.89%$5M56.1K
9NVONOVO NORDISK A S ADRhistory →COM1.71%$5M46.1K
10BCPCBALCHEM CORPhistory →COM1.63%$4M36.0K
11LINDE AGCOM1.59%$4M15.9K
12WTRGESSENTIAL UTILS INChistory →COM1.44%$4M93.6K
13NOCNORTHROP GRUMMAN CORPhistory →COM1.42%$4M8.1K
14GMABGENMAB AS ADRhistory →COM1.40%$4M117.3K
15VRTXVERTEX PHARM INChistory →COM1.32%$4M12.3K
16PEPPEPSICO INChistory →COM1.25%$3M20.5K
17CVXCHEVRON CORPORATIONhistory →COM1.23%$3M23.1K
18DEODIAGEO PLC SPONS ADR NEWhistory →COM1.23%$3M19.5K
19MDTMEDTRONIC PLChistory →COM1.22%$3M40.8K
20KMIKINDER MORGAN INChistory →COM1.22%$3M196.6K
21ZBRAZEBRA TECHNOLOGIES CL Ahistory →COM1.19%$3M12.2K
22MKCMCCORMICK CO INChistory →COM1.18%$3M44.5K
23WSOWATSCO INChistory →COM1.15%$3M12.0K
24MPMP MATLS CORPhistory →COM1.11%$3M109.6K
25INGRINGREDION INChistory →COM1.10%$3M36.9K
26VOOVANGUARD INDX S P500 ETFhistory →COM1.01%$3M8.3K
27OXYOCCIDENTAL PETROLEUMhistory →COM1.00%$3M43.8K
28UNPUNION PACIFIC CORPCOM1.00%$3M13.8K
29RGCORGC RESOURCES INCCOM0.98%$3M124.9K
30BJBJS WHOLESALE CLUBCOM0.91%$2M33.8K
31WMBWILLIAMS COMPANIES INCCOM0.89%$2M83.5K
32NFGNATIONAL FUEL GASCOM0.86%$2M37.4K
33LHXL3HARRIS TECHNOLOGIESCOM0.84%$2M10.9K
34MSFTMICROSOFT CORPCOM0.80%$2M9.2K
35AMZNAMAZON COMCOM0.74%$2M17.7K
36ILMNILLUMINA INCCOM0.73%$2M10.3K
37TDSTELEPHONE DATA SYS INCCOM0.72%$2M139.5K
38JOEST JOE COMPANYCOM0.67%$2M56.3K
39METAMETA PLATFORMS INC ACOM0.64%$2M12.8K
40SPYSPDR S P 500 TRUST ETFCOM0.62%$2M4.6K
41BMYBRISTOL MYERS SQUIBBCOM0.59%$2M22.2K
42VDEVANGUARD ENERGY ETFCOM0.58%$2M15.2K
43ETENERGY TRANSFER LPCOM0.56%$2M136.8K
44VGTVANGUARD INFO TECH ETFCOM0.54%$1M4.7K
45WWDWOODWARD INCCOM0.53%$1M17.9K
46CVSCVS HEALTH CORPCOM0.52%$1M14.6K
47CDRECADRE HOLDINGSCOM0.49%$1M54.6K
48QQQINVESCO QQQ TR ETFCOM0.48%$1M4.8K
49BF/BBROWN FORMAN CORP CL BCOM0.48%$1M19.3K
50TAT T INCCOM0.47%$1M83.1K
51ESIELEMENT SOLUTIONS INCCOM0.44%$1M73.0K
52PAGPPLAINS GP HLDGS LPCOM0.44%$1M108.7K
53SHELSHELL PLC ADRCOM0.44%$1M23.6K
54ABBVABBVIE INCCOM0.43%$1M8.7K
55S W SEED COCOM0.43%$1M1.59M
56LAM RESEARCH CORPORATIONCOM0.42%$1M3.1K
57ARCCARES CAPITAL CORPCOM0.41%$1M66.0K
58CYXTERA TECHNOLOGIES INCCOM0.41%$1M270.5K
59SLVI SHARES SILVER TR ETFCOM0.40%$1M61.1K
60CIBRFIRST NASDAQ CYBERSC ETFCOM0.40%$1M27.6K
61VAWVANGUARD MATERIALS ETFCOM0.39%$1M7.1K
62VZVERIZON COMMUNICATIONSCOM0.38%$1M27.1K
63DIASPDR DOW JONES INDL ETFCOM0.35%$949,0003.3K
64TIPISHARES TIP BOND ETFCOM0.35%$935,0008.9K
65FIWFIRST TRUST WATER ETFCOM0.34%$924,00012.9K
66CANADIAN PACIFIC RAILWAYCOM0.34%$911,00013.6K
67HIIHUNTINGTON INGALLSCOM0.32%$870,0003.9K
68BUNGE LTDCOM0.32%$856,00010.4K
69MAGELLAN MIDSTREAM PRTNSCOM0.31%$834,00017.5K
70AMARIN CORPCOM0.31%$832,000762.9K
71REMARK HOLDINGS INCCOM0.30%$799,0002.96M
72NEENEXTERA ENERGY INCCOM0.30%$796,00010.2K
73GDXVANECK GOLD MINERS ETFCOM0.30%$795,00032.9K
74HDHOME DEPOT INCCOM0.29%$784,0002.8K
75UGIUGI CORP NEWCOM0.28%$751,00023.2K
76MRKMERCK CO INC NEWCOM0.28%$748,0008.7K
77JNJJOHNSON JOHNSONCOM0.24%$656,0004.0K
78FXOFIRST TRUST FINANCL ETFCOM0.24%$641,00017.4K
79PFEPFIZER INCCOM0.24%$634,00014.5K
80AVGOBROADCOM INCCOM0.23%$627,0001.4K
81AMTAMERICAN TOWER CORP REITCOM0.23%$624,0002.9K
82SCHGSCHWAB US LARGE CAP ETFCOM0.23%$620,00011.1K
83UTFCOHEN STEERS INFRA FDCOM0.22%$593,00025.5K
84VLOVALERO ENERGY CORP NEWCOM0.21%$569,0005.3K
85BACBANK OF AMERICA CORPCOM0.21%$558,00018.5K
86WBDWARNER BROS DISCOVERYCOM0.21%$556,00048.3K
87SRSPIRE INCCOM0.21%$553,0008.9K
88IBMINTERNATIONAL BUSINESS MACHINESCOM0.20%$540,0004.5K
89APDAIR PRODUCTS CHEMICALSCOM0.20%$540,0002.3K
90MCDMCDONALDS CORPCOM0.20%$536,0002.3K
91SPGIS P GLOBAL INCCOM0.20%$532,0001.7K
92KOCOCA COLA COMPANYCOM0.20%$529,0009.4K
93FVFIRST TR DORSEY ETFCOM0.20%$525,00012.8K
94CRWSCROWN CRAFTS INCCOM0.19%$523,00090.5K
95ARLPALLIANCE RESOURCE PARTNERS L PCOM0.19%$522,00022.8K
96ALLALLSTATE CORPCOM0.19%$521,0004.2K
97CAHCARDINAL HEALTH INCCOM0.19%$515,0007.7K
98MOALTRIA GROUP INCCOM0.19%$507,00012.6K
99COSTCOSTCO WHSL CORP NEWCOM0.18%$496,0001.1K
100TAKTAKEDA PHARM CO LTD ADRCOM0.18%$483,00037.3K

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 ↗.