CUTLER CAPITAL MANAGEMENT LLC
Q2 2026 Form 13-F
WORCESTER, MASSACHUSETTS
CIK 0001353098
· CRD 107463
· SEC-registered investment adviser
$385.0M Reported Value Total
CUTLER CAPITAL MANAGEMENT reports 348 total accounts under management (AUM). There are 348 discretionary accounts valued at $430,827,783, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
3 funds
· $119.3M gross asset value
Hedge Fund: $119.3M
Source: Form ADV filed 2026-03-25
Reported value
$385.0M
Quarter over quarter
+4.5%
Holdings
105
Top-10 concentration
30.8%
Key People
Form ADV owners & control persons
Geoffrey Kristopher Allan Dancey
PRESIDENT, CHIEF COMPLIANCE OFFICER, PRINCIPAL AND MANAGING MEMBER
Melvin Stanley Cutler
PRINCIPAL
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Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | August 14, 2026 |
| Form | 13F-HR |
| Reported value | $385.0M |
| Positions | 105 |
| Change in reported value | +4.1% |
| New positions | 16 |
| Exited positions | 6 |
| Position turnover | 19.8% |
| Top-10 concentration | 30.8% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
105 | $385.0M |
|
Q1 2026 13F
Filed May 15, 2026
|
95 | $369.9M |
|
Q4 2025 13F
Filed Feb 13, 2026
|
98 | $343.1M |
|
Q3 2025 13F
Filed Nov 14, 2025
|
99 | $313.8M |
|
Q2 2025 13F
Filed Aug 13, 2025
|
96 | $287.4M |
|
Q1 2025 13F
Filed May 14, 2025
|
93 | $287.5M |
|
Q4 2024 13F
Filed Feb 13, 2025
|
91 | $287.2M |
|
Q3 2024 13F
Filed Nov 13, 2024
|
89 | $282.8M |
|
Q2 2024 13F
Filed Aug 14, 2024
|
88 | $256.2M |
|
Q1 2024 13F
Filed May 14, 2024
|
89 | $254.4M |
|
Q4 2023 13F
Filed Feb 13, 2024
|
85 | $241.5M |
|
Q3 2023 13F
Filed Nov 13, 2023
|
94 | $221.7M |
|
Q2 2023 13F
Filed Aug 11, 2023
|
87 | $212.9M |
|
Q1 2023 13F
Filed May 12, 2023
|
84 | $224.3M |
|
Q4 2022 13F
Filed Feb 14, 2023
|
85 | $243.0M |
|
Q3 2022 13F
Filed Nov 14, 2022
|
83 | $215.8M |
|
Q2 2022 13F
Filed Aug 11, 2022
|
90 | $259.2M |
|
Q1 2022 13F
Filed May 11, 2022
|
94 | $281.2M |
|
Q4 2021 13F
Filed Feb 9, 2022
|
93 | $274.9M |
|
Q3 2021 13F
Filed Nov 12, 2021
|
95 | $264.8M |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | AEM AGNICO EAGLE MINES LTD COM | $18.0M | 4.69% |
| 2 | MET METLIFE INC COM USD0.01 | $14.5M | 3.77% |
| 3 | CTO CTO RLTY GROWTH INC NEW COM | $14.0M | 3.64% |
| 4 | TSBK TIMBERLAND BANCORP INC | $12.8M | 3.32% |
| 5 | EXSR EXCHANGE BK SANTA ROSA CALIF COM | $12.4M | 3.21% |
| 6 | PKBK PARKE BANCORP INC COM STK USD0.10 | $10.4M | 2.71% |
| 7 | SBFG SB FINL GROUP INC COM | $9.8M | 2.55% |
| 8 | FBIZ FIRST BUSINESS FINL SVCS INC W COM | $9.8M | 2.53% |
| 9 | SHEL SHELL PLC SPON ADS EA REP 2 ORD SHS | $8.5M | 2.2% |
| 10 | BG BUNGE GLOBAL SA COM USD0.01 | $8.3M | 2.16% |
| 11 | SIRI 3.75 03/15/28 LIBERTY MEDIA CORP DEL BOND | $8.1M | 2.1% |
| 12 | FENY FIDELITY MSCI ENERGY INDEX ETF | $7.9M | 2.05% |
| 13 | BMBN BENCHMARK BANKSHARES INC | $7.4M | 1.93% |
| 14 | VTRS VIATRIS INC COM | $7.1M | 1.85% |
| 15 | PRGS 3.5 03/01/30 PROGRESS SOFTWARE CORP BOND | $7.1M | 1.84% |
| 16 | MRK MERCK&CO. INC COM | $7.1M | 1.84% |
| 17 | PPL 2.875 03/15/28 PPL CAPITAL FUNDING INC BOND | $6.9M | 1.79% |
| 18 | GMRE CHIRON REAL ESTATE INC COMMON STOCK | $6.8M | 1.76% |
| 19 | INVA 2.125 03/15/28 INNOVIVA INC BOND | $6.6M | 1.73% |
| 20 | ET ENERGY TRANSFER L P COM UT LTD PTN | $6.6M | 1.72% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.