0001353098-24-000007.txt : 20240514 0001353098-24-000007.hdr.sgml : 20240514 20240514155551 ACCESSION NUMBER: 0001353098-24-000007 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240514 DATE AS OF CHANGE: 20240514 EFFECTIVENESS DATE: 20240514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cutler Capital Management, LLC CENTRAL INDEX KEY: 0001353098 ORGANIZATION NAME: IRS NUMBER: 043469688 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11849 FILM NUMBER: 24943980 BUSINESS ADDRESS: STREET 1: 306 MAIN STREET CITY: WORCESTER STATE: MA ZIP: 01608 BUSINESS PHONE: 508-757-4455 MAIL ADDRESS: STREET 1: 306 MAIN STREET CITY: WORCESTER STATE: MA ZIP: 01608 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001353098 XXXXXXXX 03-31-2024 03-31-2024 Cutler Capital Management, LLC
306 MAIN STREET WORCESTER MA 01608
13F HOLDINGS REPORT 028-11849 N
Geoffrey Dancey Managing Partner 508-757-4455 Geoffrey Dancey Worcester MA 03-31-2024 0 109 254399985 false
INFORMATION TABLE 2 13FQ1_24.xml AGNICO-EAGLE COM 008474108 BBG000DLVDK3 8853588 148426 SH SOLE 30000 0 118426 ABBVIE INC COM 00287Y109 BBG0025Y4RY4 700969 3849 SH SOLE 0 0 3849 AIRBNB INC DEB 009066AB7 BBG00ZHSFMF1 623046 670000 PRN SOLE 0 0 670000 ALBERTSONS COS COM 013091103 BBG009KG1750 2915180 135969 SH SOLE 0 0 135969 ALERUS FINAN COM 01446U103 BBG000BTXSH7 3453533 158201 SH SOLE 76000 0 82201 ALLIANT ENERGY DEB 018802AC2 BBG01FNZ35P0 983500 1000000 PRN SOLE 0 0 1000000 AMAZON.COM COM 023135106 BBG000BVPV84 158734 880 SH SOLE 0 0 880 AMERICAN INTL COM 026874784 BBG000BBDZG3 2540525 32500 SH SOLE 32500 0 0 AMERIS BANCORP COM 03076K108 BBG000CDY3H5 1826356 37750 SH SOLE 0 0 37750 APPLE HOPTLY COM 03784Y200 BBG006473QX9 2542557 155223 SH SOLE 0 0 155223 AT&T INC COM 00206R102 BBG000BSJK37 1179680 67027 SH SOLE 33200 0 33827 BANC CALIFORNIA COM 05990K106 BBG000F7VG25 1060898 69750 SH SOLE 68000 0 1750 BANC OF CALIF PFD 05990K841 BBG01KCCF4P2 578953 25150 SH SOLE 0 0 25150 BANK BOTETOURT COM 063907208 BBG000HLXBR4 2981262 104974 SH SOLE 81500 0 23474 BENCHMARK BANK COM 08160E207 BBG000C0VW37 3386700 159000 SH SOLE 112000 0 47000 BERKSHIRE HATH COM CLASS B 084670702 BBG000DWG505 561815 1336 SH SOLE 0 0 1336 BLUE RIDGE BANK COM 095825105 BBG000BJ7RY1 226486 84195 SH SOLE 48498 0 35697 BUNGE LIMITED COM H11356104 BBG01JZ8VL91 8218147 80161 SH SOLE 26000 0 54161 CHEGG INC DEB 163092AD1 BBG00NNWBHW8 270135 290000 PRN SOLE 0 0 290000 CHESAPEAKE FINL COM 16517A109 BBG000DWJWQ5 3062100 173000 SH SOLE 106500 0 66500 CITIZENS BANC COM 17316V104 BBG000BT7R42 480238 18650 SH SOLE 18400 0 250 CLARIVATE PFD G21810208 BBG011CHC957 1232934 41485 SH SOLE 6000 0 35485 CNH INDUSTRIAL COM N20944109 BBG0059JSF49 162000 12500 SH SOLE 0 0 12500 COMMUNITY WEST COM 204157101 BBG000MZYM65 3274326 211520 SH SOLE 80000 0 131520 CTO REALTY COM 22948Q101 BBG00Y3M1H59 2660622 156969 SH SOLE 0 0 156969 CSB BANCORP COM 12628R107 BBG000BS4616 2794000 69850 SH SOLE 69000 0 850 EAGLE BANCORP COM 26942G100 BBG000BSHXP7 911453 70985 SH SOLE 48000 0 22985 ENERGIZER COM 29272W109 BBG006FCB019 2472106 83971 SH SOLE 44000 0 39971 ENERGY TRANSFER MLP PARTNERSHIP SHARES 29273V100 BBG000BM2FL9 7070678 449503 SH SOLE 0 0 449503 EPR PROPERTIES PFD 26884U208 BBG000002LY2 1843765 97245 SH SOLE 45000 0 52245 EXCHANGE BANK COM 301227203 BBG000BHWS66 7930416 76254 SH SOLE 23600 0 52654 EXPEDIA GROUP DEB 30212PBE4 BBG00Z9C5GC2 253275 275000 PRN SOLE 0 0 275000 ETSY DEB 29786AAL0 BBG00WVLW7W2 1686354 2015000 PRN SOLE 0 0 2015000 EZCORP DEB 302301AF3 BBG00H1P9M61 237676 215000 PRN SOLE 0 0 215000 EURONET DEB 298736AL3 BBG00NKZLB01 1496908 1544000 PRN SOLE 0 0 1544000 FIDELITY ENERGY ETF COM 316092402 BBG005FHW2W9 6297107 243413 SH SOLE 71000 0 172413 FINANCIAL INST COM 317585404 BBG000BY1L13 859747 45683 SH SOLE 43000 0 2683 FIRST BUSINESS COM 319390100 BBG000QK39V9 5732346 152863 SH SOLE 94500 0 58363 FIRST COMMUNITY COM 319835104 BBG000BRD351 1333395 76500 SH SOLE 76500 0 0 FIRST LONG ISLAND COM 320734106 BBG000BJMDS2 533839 48137 SH SOLE 0 0 48137 FNCB BANCORP COM 302578109 BBG000BP3SJ6 1289554 212447 SH SOLE 0 0 212447 FIRST NAT CRP/VA COM 32106V107 BBG000GMKH30 3269205 201058 SH SOLE 131401 0 69657 FSBH CORP COM 30325F101 BBG000QGFDR1 1680000 210000 SH SOLE 200000 0 10000 F&M BANCORP COM 30237P106 BBG000BQGRG5 2303321 133914 SH SOLE 82500 0 51414 FORD MOTOR DEB 345370CZ1 BBG00ZNKGD88 2084570 2017000 PRN SOLE 600000 0 1417000 FRANKLIN FINL COM 353525108 BBG000BS5205 626375 23907 SH SOLE 0 0 23907 FT NAS COMM BANK COM 33736Q104 BBG000N6XBP2 409740 8804 SH SOLE 0 0 8804 GLOBAL MEDICAL COM 37954A204 BBG0027F2B89 3766389 430444 SH SOLE 150000 0 280444 GREENBRIER COS DEB 393657AM3 BBG0103VFNY2 129671 117000 PRN SOLE 0 0 117000 GRUPO TELEV ADR SHARES 40049J206 BBG000BJDPF9 130560 40800 SH SOLE 0 0 40800 HANCOCK WHITNEY COM 410120109 BBG000CBC7D8 497326 10802 SH SOLE 0 0 10802 HCI GROUP INC DEB 40416EAF0 BBG017L2WW18 6337046 4090000 PRN SOLE 450000 0 3640000 IBM CORP COM 459200101 BBG000BLNNH6 116677 611 SH SOLE 0 0 611 INNOVIVA INC DEB 45781MAB7 BBG00HBWGVV9 4112079 3835000 PRN SOLE 400000 0 3435000 INTL FLAVORS COM 459506101 BBG000BLSL58 2201538 25602 SH SOLE 10000 0 15602 INVESCO MUNI COM 46131M106 BBG000CQLM15 849116 86117 SH SOLE 0 0 86117 IS RUS MID VALU COM 464287473 BBG000JWZ6F0 111042 886 SH SOLE 0 0 886 IS S&P US VALUE COM 464287663 BBG000C183Y1 411502 4550 SH SOLE 0 0 4550 JAZZ PHARMA DEB 472145AD3 BBG00HG7QNL7 1514590 1540000 PRN SOLE 0 0 1540000 JAZZ PHARMA DEB 472145AF8 BBG00VC8NNS4 4154686 4195000 PRN SOLE 1500000 0 2695000 JOHNSON CONTROLS COM G51502105 BBG000BVWLJ6 100462 1538 SH SOLE 0 0 1538 JP MORGAN COM 46625H100 BBG000DMBXR2 100150 500 SH SOLE 0 0 500 KIMCO REALTY PFD 49446R687 BBG01KTVSSZ4 5159025 91537 SH SOLE 32000 0 59537 KROGER CO COM COM 501044101 BBG000BMY992 237511 4157 SH SOLE 0 0 4157 LCI INDS CONV DEB 501812AB7 BBG010Z6LPT6 1399350 1425000 PRN SOLE 0 0 1425000 LEDYARD FINAN COM 523338101 BBG000BF5QK8 5035934 329146 SH SOLE 139000 0 190146 LIBERTY MEDIA DEB 531229AQ5 BBG0194CJ221 2541335 2485000 PRN SOLE 0 0 2485000 LOW'S COS INC COM 548661107 BBG000BNDN65 106987 420 SH SOLE 0 0 420 LYFT INC CONV DEB 55087PAB0 BBG00TSW3BY0 822548 845000 PRN SOLE 0 0 845000 LXP INDUSTRIAL COM 529043101 BBG000BL3355 2352184 260774 SH SOLE 0 0 260774 M&T BANK CORP COM 55261F104 BBG000D9KWL9 441383 3035 SH SOLE 0 0 3035 MAINSTREET BANC COM 56064Y100 BBG000QRB2P7 2148258 118296 SH SOLE 33000 0 85296 MCHENRY BANCORP COM 580683209 BBG003BCFCH3 1281949 33515 SH SOLE 33515 0 0 MEDICAL PRPTY COM 58463J304 BBG000BGRB25 698469 148610 SH SOLE 0 0 148610 MERCHANTS FINL COM 588538108 BBG000BNQ2W8 1733750 73000 SH SOLE 66300 0 6700 MERCK&CO INC COM 58933Y105 BBG000BPD168 8572008 64964 SH SOLE 13300 0 51664 METLIFE INC COM 59156R108 BBG000BB6KF5 12719199 171626 SH SOLE 54000 0 117626 MICROSOFT CORP COM 594918104 BBG000BPH459 522194 1241 SH SOLE 0 0 1241 NRG ENERGY DEB 629377CG5 BBG00KZVCZR8 2274938 1375000 PRN SOLE 350000 0 1025000 NY COMM BANC PFD 64944P307 BBG0000072G9 3384609 103095 SH SOLE 0 0 103095 PARKE BANCORP COM 700885106 BBG000C3LQ53 5306526 308071 SH SOLE 106000 0 202071 PFIZER INC COM 717081103 BBG000BR2B91 6441556 232128 SH SOLE 60000 0 172128 POTOMAC BANC COM 737643106 BBG000BKV9Y1 2769433 185868 SH SOLE 130000 0 55868 PPL CAPITAL DEB 69352PAS2 BBG01FG97WL7 4335210 4530000 PRN SOLE 0 0 4530000 SB FINANCIAL COM 78408D105 BBG000BJQTT2 5516298 400312 SH SOLE 133300 0 267012 SCHWAB INTL EQUI COM 808524805 BBG000PS0RP3 147457 3779 SH SOLE 0 0 3779 SCHWAB US LG VAL COM 808524409 BBG000Q0D5X8 225433 2967 SH SOLE 0 0 2967 SEACOAST BANKIN COM 811707801 BBG000KK3464 274879 10826 SH SOLE 0 0 10826 SFL CORP LTD COM G7738W106 BBG000BW22R0 2697815 204690 SH SOLE 125000 0 79690 SHELL PLC ADR SHARES 780259305 BBG0147BN6G2 7257613 108258 SH SOLE 30000 0 78258 SOLVAY BANK COM 83441Q105 BBG000BJHYD8 1913494 72895 SH SOLE 55692 0 17203 SOUTHSTATE CORP COM 840441109 BBG000BNPYN9 480731 5654 SH SOLE 0 0 5654 SPDR S&P 500 COM 78462F103 BBG000BDTBL9 345473 660 SH SOLE 0 0 660 SPOTIFY USA DEB 84921RAB6 BBG00ZFDC5N7 266220 290000 PRN SOLE 0 0 290000 STARWOOD PPTY DEB 85571BBA2 BBG01H507T40 1044100 985000 PRN SOLE 0 0 985000 TEGNA INC COM 87901J105 BBG000BK5DP1 191232 12800 SH SOLE 0 0 12800 TIMBERLAND BANC COM 887098101 BBG000C0B093 8025947 298141 SH SOLE 92000 0 206141 TOTAL ENERGIES ADR SHARES 89151E109 BBG000CHZ857 825960 12000 SH SOLE 0 0 12000 TYSON FOODS COM 902494103 BBG000DKCC19 1634080 27824 SH SOLE 18000 0 9824 VE GOLD MINERS COM 92189F106 BBG000PLNQN7 853331 26987 SH SOLE 0 0 26987 VE WIDE MOAT COM 92189F643 BBG002XRNH24 1459418 16234 SH SOLE 0 0 16234 VE GLBL WIDE MT COM 92189F122 BBG00MF4XK69 118197 3225 SH SOLE 0 0 3225 VGRD S&P 500 COM 922908363 BBG0015VYNT4 1407436 2928 SH SOLE 0 0 2928 VERIZON COM 92343V104 BBG000HS77T5 2631753 62721 SH SOLE 0 0 62721 VIATRIS INC COM 92556V106 BBG00Y4RQNH4 5642888 472604 SH SOLE 125000 0 347604 VICI PRPTY COM 925652109 BBG00HVVB499 3930231 131931 SH SOLE 45000 0 86931 WARNER BROS DIS COM 934423104 BBG011386VF4 108802 12463 SH SOLE 0 0 12463 WEST OPP FUND COM 95766R104 BBG000BSK789 114573 13276 SH SOLE 0 0 13276 WEYERHAEUSER COM 962166104 BBG000BX3BL3 5419320 150914 SH SOLE 40000 0 110914