Caldwell Sutter Capital, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 23, 2024), Caldwell Sutter Capital, Inc. reported 919 stock positions worth $201.9 million. Its top holding was Apple (AAPL) at 5.4% of the portfolio, followed by Msa Safety (MSA, 3.2%) and Microsoft (MSFT, 2.2%). Compared with Q1 2024, it opened 32 new positions, sold out of 31, added to 143 and reduced 153. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale Atmus Filtration Technologie (ATMU, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- SAUSALITO, CA
- CIK
- 0000702007
- Portfolio Value
- $201.9M (Q2 2024)
- SEC Filing
- 0001415889-24-019913 ↗ filed Jul 23, 2024
Holdings Value
Holdings 919 stocks · $201.9M
| AAPL Apple Inc. | 5.36% | 51,386 | $10.8M | Add +0.2% |
| MSA Msa Safety Inc. | 3.20% | 34,399 | $6.5M | No change |
| MSFT Microsoft Corp. | 2.22% | 10,010 | $4.5M | Add +0.6% |
| V Visa Inc. Class A | 1.96% | 15,059 | $4.0M | Reduce -8.1% |
| KNTK Kinetik Holdings Inc. | 1.86% | 90,444 | $3.7M | Reduce -6.3% |
| COST Costco Wholesale Corp. | 1.74% | 4,135 | $3.5M | Reduce -4.9% |
| CAT Caterpillar Inc. | 1.67% | 10,118 | $3.4M | Reduce -7.1% |
| CVX Chevron Corp. | 1.58% | 20,331 | $3.2M | Reduce -1.3% |
| DGICA Donegal Group Inc. Class A | 1.49% | 233,181 | $3.0M | Add +2.4% |
| IVV iShares Core S&P 500 ETF | 1.37% | 5,055 | $2.8M | Reduce -1.0% |
| NAII Natural Alternatives Intl | 1.23% | 412,175 | $2.5M | Reduce -7.2% |
| VIG Vanguard Dividend Apprec ETF | 1.20% | 13,306 | $2.4M | Add +1.9% |
| CSW CSW Industrials Inc. | 1.10% | 8,364 | $2.2M | Reduce -3.5% |
| NEN New England Realty Assoc-LP | 1.07% | 30,376 | $2.2M | Reduce -6.1% |
| PFE Pfizer Inc. | 1.04% | 74,729 | $2.1M | Add +1.5% |
| PPIH Perma-Pipe International Hol | 1.00% | 227,896 | $2.0M | Reduce -0.6% |
| INBK First Internet Bancorp | 0.98% | 73,358 | $2.0M | No change |
| JPM JPMorgan Chase & Co. | 0.95% | 9,531 | $1.9M | Add +5.7% |
| SSBI Summit State Bank | 0.95% | 202,176 | $1.9M | Reduce -3.4% |
| MOD Modine Manufacturing Co. | 0.91% | 18,339 | $1.8M | Reduce -2.6% |
| XOM Exxon Mobil Corp. | 0.89% | 15,660 | $1.8M | Reduce -2.2% |
| AXP American Express Co. | 0.85% | 7,427 | $1.7M | Add +1.2% |
| KYN Kayne Anderson Energy Infra | 0.85% | 165,753 | $1.7M | Reduce -3.0% |
| META Meta Platforms Inc. Class A | 0.84% | 3,373 | $1.7M | Add +1.5% |
| PEP Pepsico Inc. | 0.84% | 10,252 | $1.7M | Add +6.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.83% | 6,278 | $1.7M | No change |
| BANR Banner Corporation | 0.83% | 33,687 | $1.7M | Reduce -2.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.83% | 9,654 | $1.7M | Reduce -6.1% |
| PKBK Parke Bancorp Inc. | 0.82% | 95,415 | $1.7M | Reduce -3.9% |
| BCML Baycom Corp. | 0.82% | 81,247 | $1.7M | Reduce -0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.82% | 4,047 | $1.6M | Add +75.0% |
| IGM iShares Expanded Tech Sector | 0.79% | 16,902 | $1.6M | No change |
| MCI Barings Corporate Investors | 0.78% | 84,614 | $1.6M | No change |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 0.74% | 46,102 | $1.5M | Reduce -5.9% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.72% | 91,494 | $1.5M | Reduce -0.6% |
| BSM Black Stone Minerals LP | 0.70% | 90,700 | $1.4M | Reduce -15.5% |
| UNP Union Pacific Corp. | 0.69% | 6,182 | $1.4M | No change |
| CWBC Community West Bancshares | 0.68% | 74,705 | $1.4M | New |
| WLY Wiley (john) & Sons Class A | 0.68% | 33,936 | $1.4M | Reduce -14.1% |
| CSCO Cisco Systems Inc. | 0.66% | 28,244 | $1.3M | Add +0.2% |
| HD Home Depot Inc. | 0.62% | 3,629 | $1.2M | Reduce -3.3% |
| SENEA Seneca Foods Corp. Class A | 0.61% | 21,306 | $1.2M | Reduce -6.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.58% | 3,135 | $1.2M | Reduce -0.0% |
| ARL American Realty Investors Inc. | 0.57% | 80,782 | $1.1M | No change |
| CSWC Capital Southwest Corp. | 0.56% | 43,228 | $1.1M | No change |
| BOND PIMCO Active Bond Exchange-T | 0.56% | 12,348 | $1.1M | Add +4.7% |
| CREATIVE MEDIA & CMNTY TR | 0.55% | 410,127 | $1.1M | Reduce -1.0% |
| HON Honeywell International Inc. | 0.53% | 5,017 | $1.1M | No change |
| CP Canadian Pacific Kansas City | 0.52% | 13,250 | $1.0M | No change |
| NICHOLAS FINL INC BC | 0.51% | 157,000 | $1.0M | Reduce -1.8% |
| AXR Amrep Corp. | 0.50% | 53,872 | $1.0M | No change |
| VZ Verizon Communications Inc. | 0.50% | 24,554 | $1.0M | Add +4.8% |
| ABBV Abbvie Inc. | 0.49% | 5,742 | $985K | Reduce -1.8% |
| BA The Boeing Co. | 0.48% | 5,377 | $979K | Reduce -0.7% |
| MRK Merck & Co. Inc. | 0.48% | 7,775 | $963K | Reduce -7.5% |
| NWLI National Western Life Grou-A | 0.48% | 1,933 | $961K | Reduce -8.5% |
| ELSE Electro-Sensors Inc. | 0.47% | 239,179 | $945K | Add +7.0% |
| MCD McDonald's Corp. | 0.45% | 3,571 | $910K | Reduce -6.1% |
| INTG Intergroup Corp. | 0.45% | 43,751 | $903K | Reduce -0.8% |
| NVDA Nvidia Corp. | 0.45% | 7,271 | $898K | Add +41.7% |
| QCOM Qualcomm Inc. | 0.44% | 4,458 | $888K | Reduce -8.6% |
| PG The Procter & Gamble Co. | 0.44% | 5,375 | $886K | Reduce -1.9% |
| JNJ Johnson & Johnson | 0.44% | 6,017 | $879K | Add +12.7% |
| T AT&T Inc. | 0.43% | 45,869 | $877K | Add +8.2% |
| XLE SS Energy Select Sector | 0.42% | 9,383 | $855K | Reduce -5.1% |
| AIV Apartment Invt & Mgmt Co. Class A | 0.42% | 102,300 | $848K | Reduce -2.3% |
| INTC Intel Corp. | 0.42% | 27,166 | $841K | Add +0.3% |
| DIT Amcon Distributing Co. | 0.41% | 6,082 | $834K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 20,139 | $801K | Add +7.2% |
| DLR Digital Realty Trust Inc. | 0.39% | 5,242 | $797K | Reduce -6.0% |
| ITIC Investors Title Co. | 0.39% | 4,393 | $791K | No change |
| LMT Lockheed Martin Corp. | 0.38% | 1,663 | $777K | Reduce -0.3% |
| DHR Danaher Corp. | 0.38% | 3,047 | $761K | Reduce -3.2% |
| WM Waste Management Inc. | 0.38% | 3,548 | $757K | Reduce -2.2% |
| MNTX Manitex International Inc. | 0.37% | 170,725 | $756K | No change |
| MPV Barings Participation Invest | 0.37% | 45,377 | $750K | No change |
| GOOG Alphabet Inc. Class C | 0.36% | 3,963 | $727K | Add +0.4% |
| NRIM Northrim Bancorp Inc. | 0.35% | 12,367 | $713K | No change |
| OKE Oneok Inc. | 0.35% | 8,668 | $707K | Reduce -4.7% |
| IMKTA Ingles Markets Inc. Class A | 0.35% | 10,243 | $703K | New |
| GILD Gilead Sciences Inc. | 0.35% | 10,240 | $703K | Add +5.2% |
| MCHB Mechanics Bancorp Class A filed as HOMESTREET INC | 0.34% | 60,000 | $684K | No change |
| TLT iShares 20+ Year Treasury BD | 0.34% | 7,444 | $683K | Add +10.9% |
| AMZN Amazon.com Inc. | 0.34% | 3,518 | $680K | Add +19.0% |
| LDUR PIMCO Enhanced Low Duration | 0.34% | 7,160 | $678K | Add +2.4% |
| DUK Duke Energy Corp. | 0.33% | 6,736 | $675K | Add +4.8% |
| SMBK Smartfinancial Inc. | 0.33% | 28,431 | $673K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.32% | 4,049 | $649K | Add +2.0% |
| VDE Vanguard Energy ETF | 0.32% | 5,000 | $638K | Reduce -4.5% |
| ENB Enbridge Inc. | 0.31% | 17,665 | $629K | Reduce -35.3% |
| DG Dollar General Corp. | 0.30% | 4,631 | $612K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.30% | 1 | $612K | No change |
| CLX Clorox Company | 0.30% | 4,399 | $600K | Reduce -15.3% |
| KO The Coca-Cola Co. | 0.30% | 9,390 | $598K | Add +9.4% |
| WMB Williams Cos Inc. | 0.30% | 14,027 | $596K | Reduce -1.5% |
| AMGN Amgen Inc. | 0.29% | 1,848 | $577K | Reduce -5.3% |
| CET Central Securities Corp. | 0.28% | 13,050 | $574K | Add +104.6% |
| LGL The LGL Group Inc. | 0.28% | 106,491 | $572K | No change |
| FSBW FS Bancorp Inc. | 0.28% | 15,468 | $564K | No change |
| WMT Walmart Inc. | 0.27% | 8,154 | $552K | Reduce -5.0% |
Other holdings (6): bonds, preferreds, convertibles and warrants · $198K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EQUITY COMMONWEALTH (EQC 6.5 PERP D) | 6.5% CNV PFD D | 4,200 | $105K | No change |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 2,600 | $65K | Reduce -27.8% |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 2,000 | $26K | No change |
| NXG NEXTGEN INFRAS | RIGHT 07/17/2024 | 2,769 | $2K | New |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 31 | $1K | No change |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | 500 | $134 | No change |
Total filed on the 13F, all lines: $202.1M.
Portfolio Sells Q1 2024 → Q2 2024
| ATMU Atmus Filtration Technologie | Reduce -97.5% | 0.03% | −1.49 |
| CWBC Community West Bancshares | Sold out | 0.00% | −0.58 |
| CREATIVE MEDIA & CMNTY TR | Reduce -1.0% | 0.55% | −0.30 |
| CAT Caterpillar Inc. | Reduce -7.1% | 1.67% | −0.25 |
| V Visa Inc. Class A | Reduce -8.1% | 1.96% | −0.24 |
| CENTRAL VALLEY COMM BANCORP | Sold out | 0.00% | −0.19 |
| ENB Enbridge Inc. | Reduce -35.3% | 0.31% | −0.16 |
| SSBI Summit State Bank | Reduce -3.4% | 0.95% | −0.15 |
| BSM Black Stone Minerals LP | Reduce -15.5% | 0.70% | −0.12 |
| IBM Intl Business Machines Corp. | Reduce -6.1% | 0.83% | −0.12 |
| ONB Old National Bancorp | Reduce -31.1% | 0.27% | −0.12 |
| CLMT Calumet Specialty Products | Sold out | 0.00% | −0.11 |
| KEYS Keysight Technologies Inc. | Reduce -22.6% | 0.20% | −0.09 |
| CLX Clorox Company | Reduce -15.3% | 0.30% | −0.09 |
| HD Home Depot Inc. | Reduce -3.3% | 0.62% | −0.07 |
| NAII Natural Alternatives Intl | Reduce -7.2% | 1.23% | −0.07 |
| WLYB Wiley (john) & Sons Class B | Reduce -29.1% | 0.24% | −0.07 |
| MCD McDonald's Corp. | Reduce -6.1% | 0.45% | −0.07 |
| GAIN Gladstone Investment Corp. | Reduce -63.8% | 0.03% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -7.5% | 0.48% | −0.06 |
| SSBK Southern States Bancshares | Reduce -24.1% | 0.25% | −0.06 |
| NEN New England Realty Assoc-LP | Reduce -6.1% | 1.07% | −0.05 |
| BMY Bristol-Myers Squibb Co. | Reduce -6.1% | 0.13% | −0.05 |
| EXE Expand Energy Corp. | Reduce -52.0% | 0.04% | −0.04 |
| SBUX Starbucks Corp. | Reduce -1.7% | 0.26% | −0.04 |
| WLY Wiley (john) & Sons Class A | Reduce -14.1% | 0.68% | −0.04 |
| GPMT Granite Point Mortgage Trust | Reduce -6.8% | 0.06% | −0.04 |
| STT State Street Corp. | Reduce -18.9% | 0.16% | −0.04 |
| SPOT Spotify Technology SA | Reduce -94.5% | 0.00% | −0.03 |
| GSK GSK PLC-Spon ADR | Reduce -21.6% | 0.08% | −0.03 |
| GE General Electric | Reduce -13.1% | 0.13% | −0.03 |
| INTG Intergroup Corp. | Reduce -0.8% | 0.45% | −0.03 |
| BMRC Bank of Marin Bancorp | Reduce -12.6% | 0.19% | −0.03 |
| XLE SS Energy Select Sector | Reduce -5.1% | 0.42% | −0.03 |
| ABBV Abbvie Inc. | Reduce -1.8% | 0.49% | −0.03 |
| NWLI National Western Life Grou-A | Reduce -8.5% | 0.48% | −0.03 |
| AEO American Eagle Outfitters | Sold out | 0.00% | −0.02 |
| SWK Stanley Black & Decker Inc. | Reduce -65.3% | 0.01% | −0.02 |
| ALL Allstate Corp. | Reduce -50.0% | 0.02% | −0.02 |
| WDAY Workday Inc. Class A | Reduce -2.7% | 0.10% | −0.02 |
| DOW Dow Inc. | Reduce -2.8% | 0.24% | −0.02 |
| BMO Bank of Montreal | Reduce -27.8% | 0.04% | −0.02 |
| O Realty Income Corp. | Reduce -8.3% | 0.22% | −0.02 |
| BA The Boeing Co. | Reduce -0.7% | 0.48% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -4.4% | 0.17% | −0.02 |
| NIC Nicolet Bankshares Inc. | Reduce -36.2% | 0.03% | −0.02 |
| ABT Abbott Laboratories | Reduce -2.8% | 0.18% | −0.02 |
| AB Alliancebernstein Holding LP | Reduce -22.3% | 0.06% | −0.02 |
| VDE Vanguard Energy ETF | Reduce -4.5% | 0.32% | −0.02 |
| SENEA Seneca Foods Corp. Class A | Reduce -6.1% | 0.61% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +0.2% | 5.36% | +1.12 |
| CWBC Community West Bancshares | New | 0.68% | +0.68 |
| IMKTA Ingles Markets Inc. Class A | New | 0.35% | +0.35 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +75.0% | 0.82% | +0.35 |
| NVDA Nvidia Corp. | Add +41.7% | 0.45% | +0.22 |
| MSFT Microsoft Corp. | Add +0.6% | 2.22% | +0.20 |
| ORCL Oracle Corp. | Add +331.4% | 0.21% | +0.17 |
| GKOS Glaukos Corp. | Add +162.6% | 0.23% | +0.16 |
| CET Central Securities Corp. | Add +104.6% | 0.28% | +0.16 |
| GOOGL Alphabet Inc. Class A | Add +79.2% | 0.26% | +0.14 |
| HSY The Hershey Co. | New | 0.09% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +5.7% | 0.95% | +0.09 |
| AMZN Amazon.com Inc. | Add +19.0% | 0.34% | +0.08 |
| T AT&T Inc. | Add +8.2% | 0.43% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 0.36% | +0.07 |
| META Meta Platforms Inc. Class A | Add +1.5% | 0.84% | +0.06 |
| APUE Activepassive US Equity ETF | New | 0.06% | +0.06 |
| VIG Vanguard Dividend Apprec ETF | Add +1.9% | 1.20% | +0.05 |
| BAC Bank of America Corp. | Add +7.2% | 0.40% | +0.05 |
| USFR Wisdomtree Floating Rate Tre | Add +21.7% | 0.26% | +0.05 |
| PFE Pfizer Inc. | Add +1.5% | 1.04% | +0.05 |
| PANW Palo Alto Networks Inc. | Add +47.1% | 0.11% | +0.05 |
| AVGO Broadcom Inc. | Add +7.1% | 0.19% | +0.05 |
| AXP American Express Co. | Add +1.2% | 0.85% | +0.05 |
| APCB Activepassive Core Bond ETF | New | 0.05% | +0.05 |
| KO The Coca-Cola Co. | Add +9.4% | 0.30% | +0.04 |
| PM Philip Morris International | Add +14.3% | 0.18% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Add +67.3% | 0.10% | +0.04 |
| NEE Nextera Energy Inc. | Add +5.7% | 0.23% | +0.04 |
| BOND PIMCO Active Bond Exchange-T | Add +4.7% | 0.56% | +0.04 |
| DUK Duke Energy Corp. | Add +4.8% | 0.33% | +0.04 |
| PAG Penske Automotive Group Inc. | New | 0.03% | +0.03 |
| CRM Salesforce Inc. | Add +151.9% | 0.06% | +0.03 |
| TLT iShares 20+ Year Treasury BD | Add +10.9% | 0.34% | +0.03 |
| SGOL Abrdn Physical Gold Shares | Add +27.0% | 0.12% | +0.03 |
| KMB Kimberly-Clark Corp. | Add +4.4% | 0.24% | +0.03 |
| JNJ Johnson & Johnson | Add +12.7% | 0.44% | +0.03 |
| VZ Verizon Communications Inc. | Add +4.8% | 0.50% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +540.0% | 0.03% | +0.03 |
| LRCX Lam Research Corp. | Add +11.5% | 0.13% | +0.03 |
| APIE Activepassive Intl Eqty ETF | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +264.4% | 0.03% | +0.03 |
| PEP Pepsico Inc. | Add +6.3% | 0.84% | +0.02 |
| DHS Wisdomtree US High Dividend | Add +53.0% | 0.07% | +0.02 |
| MU Micron Technology Inc. | Add +81.1% | 0.04% | +0.02 |
| KR Kroger Co. | New | 0.02% | +0.02 |
| AMAT Applied Materials Inc. | Add +8.1% | 0.10% | +0.02 |
| INTU Intuit Inc. | New | 0.02% | +0.02 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Add +259.8% | 0.03% | +0.02 |
| ELSE Electro-Sensors Inc. | Add +7.0% | 0.47% | +0.02 |
Notes & Other Activity Q1 2024 → Q2 2024
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -27.8% | 2,600 | $65K |
| NXG NEXTGEN INFRAS | RIGHT 07/17/2024 | New | 2,769 | $2K |
| GPRO Gopro Inc. Class A | CL A | Sold out | 0 | $0before exit |
| PAYX Paychex Inc. | COM | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 925 | $265.2M | AAPL, CAT, PPIH, PLBC, KNTK |
| Q1 2026 | 888 | $245.8M | AAPL, PPIH, CAT, KNTK, PLBC |
| Q4 2025 | 873 | $235.8M | AAPL, PPIH, MSA, CAT, PLBC |
| Q3 2025 | 866 | $234.1M | AAPL, MSA, PPIH, PLBC, V |
| Q2 2025 | 853 | $218.3M | AAPL, MSA, PPIH, V, DGICA |
| Q1 2025 | 885 | $210.2M | AAPL, V, MSA, DGICA, KNTK |
| Q4 2024 | 894 | $214.8M | AAPL, MSA, V, KNTK, MSFT |
| Q3 2024 | 902 | $214.4M | AAPL, MSA, MSFT, KNTK, V |
| Q2 2024 | 919 | $201.9M | AAPL, MSA, MSFT, V, KNTK |
| Q1 2024 | 916 | $207.6M | AAPL, MSA, V, MSFT, CAT |