Cutter & CO Brokerage, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), Cutter & CO Brokerage, Inc. reported 209 stock positions worth $407.1 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 14.4% of the portfolio, followed by Novo-Nordisk A/S-Spons ADR (NVO, 9.1%) and Enterprise Products Partners (EPD, 4.7%). Compared with Q4 2023, it opened 20 new positions, sold out of 9, added to 83 and reduced 87. The biggest buy was a new position in Archer-Daniels-Midland (ADM) and the biggest sale an exit from Cadre (CDRE).
- Most Recent 13F
- Q2 2026
- Location
- Ballwin, MO
- CIK
- 0001406995
- Portfolio Value
- $407.1M (Q1 2024)
- SEC Filing
- 0001437749-24-013947 ↗ filed Apr 30, 2024
Holdings Value
Holdings 209 stocks · $407.1M
| BRK.B Berkshire Hathaway Inc. Class B | 14.44% | 139,783 | $58.8M | Reduce -0.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 9.06% | 287,286 | $36.9M | Reduce -1.3% |
| EPD Enterprise Products Partners | 4.68% | 652,524 | $19.0M | Add +0.4% |
| CP Canadian Pacific Kansas City | 4.03% | 186,280 | $16.4M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 3.99% | 106,615 | $16.2M | Reduce -0.0% |
| LIN Linde PLC | 3.84% | 33,694 | $15.6M | Reduce -3.3% |
| HEI Heico Corp. | 2.89% | 61,520 | $11.8M | Add +28.0% |
| REGN Regeneron Pharmaceuticals | 1.85% | 7,826 | $7.5M | Reduce -0.7% |
| ET Energy Transfer LP | 1.71% | 443,763 | $7.0M | Add +1.0% |
| BCPC Balchem Corp. | 1.66% | 43,602 | $6.8M | Reduce -1.5% |
| AWK American Water Works Co. Inc. | 1.64% | 54,755 | $6.7M | Add +4.5% |
| AAPL Apple Inc. | 1.53% | 36,444 | $6.2M | Add +1.3% |
| ADM Archer-Daniels-Midland Co. | 1.40% | 91,057 | $5.7M | New |
| WSO Watsco Inc. | 1.37% | 12,928 | $5.6M | Add +6.7% |
| UNP Union Pacific Corp. | 1.35% | 22,277 | $5.5M | Reduce -1.5% |
| OXY Occidental Petroleum Corp. | 1.26% | 79,238 | $5.1M | Add +6.4% |
| VOO Vanguard S&P 500 ETF | 1.26% | 10,676 | $5.1M | Add +8.7% |
| LLY Eli Lilly & Co. | 1.23% | 6,424 | $5.0M | Reduce -5.3% |
| VRTX Vertex Pharmaceuticals Inc. | 1.22% | 11,908 | $5.0M | Add +1.0% |
| META Meta Platforms Inc. Class A | 1.11% | 9,296 | $4.5M | Add +0.0% |
| AMZN Amazon.com Inc. | 1.06% | 23,971 | $4.3M | Add +0.9% |
| ZBRA Zebra Technologies Corp. Class A | 1.06% | 14,330 | $4.3M | Add +0.7% |
| LHX L3HARRIS Technologies Inc. | 0.95% | 18,141 | $3.9M | Reduce -0.4% |
| KMI Kinder Morgan Inc. | 0.90% | 199,035 | $3.7M | Add +0.5% |
| MSFT Microsoft Corp. | 0.89% | 8,617 | $3.6M | Reduce -2.0% |
| NFG National Fuel Gas Co. | 0.88% | 66,570 | $3.6M | Reduce -5.0% |
| NOC Northrop Grumman Corp. | 0.87% | 7,434 | $3.6M | Add +6.3% |
| PEP Pepsico Inc. | 0.81% | 18,758 | $3.3M | Reduce -2.5% |
| MKC McCormick & Co.-Non VTG SHRS | 0.80% | 42,621 | $3.3M | Reduce -4.5% |
| PFE Pfizer Inc. | 0.80% | 117,623 | $3.3M | Add +12.7% |
| JOE The St Joe Co. | 0.78% | 54,781 | $3.2M | Reduce -0.4% |
| APD Air Products & Chemicals Inc. | 0.77% | 12,942 | $3.1M | Add +108.0% |
| CVX Chevron Corp. | 0.75% | 19,368 | $3.1M | Reduce -4.2% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.72% | 38,829 | $2.9M | Add +3.1% |
| WMB Williams Cos Inc. | 0.66% | 69,223 | $2.7M | Reduce -6.3% |
| LRCX Lam Research Corp. | 0.65% | 2,716 | $2.6M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.63% | 4,872 | $2.5M | Add +0.4% |
| MP MP Materials Corp. | 0.62% | 177,346 | $2.5M | Add +32.6% |
| RGCO RGC Resources Inc. | 0.61% | 121,880 | $2.5M | Reduce -1.2% |
| VGT Vanguard Info Tech ETF | 0.59% | 4,569 | $2.4M | Add +1.8% |
| LMT Lockheed Martin Corp. | 0.58% | 5,181 | $2.4M | Add +457.1% |
| NVDA Nvidia Corp. | 0.58% | 2,592 | $2.3M | Reduce -1.8% |
| AVGO Broadcom Inc. | 0.57% | 1,751 | $2.3M | Reduce -4.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.57% | 5,195 | $2.3M | Reduce -1.2% |
| VDE Vanguard Energy ETF | 0.49% | 15,031 | $2.0M | Add +6.4% |
| PAGP Plains GP Holdings LP | 0.45% | 100,496 | $1.8M | Reduce -0.9% |
| FIXD First Trust Smith Opportunis | 0.45% | 41,956 | $1.8M | Add +34.6% |
| CIBR First Trust Nasdaq Cybersecu | 0.44% | 31,906 | $1.8M | Add +7.2% |
| SCHD Schwab US DVD Equity ETF | 0.44% | 22,189 | $1.8M | Add +5.3% |
| WWD Woodward Inc. | 0.43% | 11,238 | $1.7M | Reduce -27.6% |
| VAW Vanguard Materials ETF | 0.42% | 8,404 | $1.7M | Add +17.2% |
| V Visa Inc. Class A | 0.41% | 5,973 | $1.7M | Add +21.2% |
| MA Mastercard Inc. Class A | 0.36% | 3,072 | $1.5M | Add +47.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.36% | 3,705 | $1.5M | Reduce -4.0% |
| ARCC Ares Capital Corp. | 0.35% | 69,080 | $1.4M | Add +2.3% |
| FIW First Trust Water ETF | 0.34% | 13,616 | $1.4M | Add +3.1% |
| HII Huntington Ingalls Industrie | 0.33% | 4,616 | $1.3M | No change |
| ABBV Abbvie Inc. | 0.33% | 7,305 | $1.3M | Reduce -4.6% |
| GOOGL Alphabet Inc. Class A | 0.32% | 8,664 | $1.3M | Add +2.4% |
| T AT&T Inc. | 0.28% | 65,850 | $1.2M | Reduce -8.5% |
| SHEL Shell PLC-ADR | 0.28% | 17,085 | $1.1M | Reduce -5.2% |
| SLV iShares Silver Trust | 0.25% | 45,424 | $1.0M | Reduce -4.4% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 18,761 | $1.0M | Reduce -5.6% |
| MARK Remark Holdings Inc. | 0.24% | 4,687,572 | $984K | Add +94.3% |
| JPM JPMorgan Chase & Co. | 0.24% | 4,889 | $979K | Reduce -7.2% |
| MRK Merck & Co. Inc. | 0.24% | 7,419 | $979K | Reduce -6.7% |
| SCHG Schwab US Large-Cap Growth | 0.24% | 10,505 | $974K | Add +0.1% |
| BF.B Brown-Forman Corp. Class B | 0.23% | 18,412 | $950K | Add +0.0% |
| S&W SEED CO | 0.23% | 1,943,149 | $933K | Reduce -0.3% |
| NSC Norfolk Southern Corp. | 0.22% | 3,586 | $914K | No change |
| VZ Verizon Communications Inc. | 0.22% | 21,487 | $902K | Reduce -9.9% |
| GDX Vaneck Gold Miners ETF | 0.22% | 27,931 | $883K | Reduce -1.1% |
| BG Bunge Global SA | 0.22% | 8,611 | $883K | Reduce -7.5% |
| HD Home Depot Inc. | 0.21% | 2,254 | $864K | Add +0.1% |
| NEE Nextera Energy Inc. | 0.21% | 13,458 | $860K | Add +3.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 4,426 | $845K | Add +0.1% |
| VLO Valero Energy Corp. | 0.20% | 4,820 | $823K | Reduce -3.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.20% | 14,166 | $816K | Add +8.1% |
| FXO First Trust Financial Alphad | 0.20% | 16,796 | $798K | Reduce -8.9% |
| CI The Cigna Group | 0.19% | 2,168 | $787K | Add +42.4% |
| BBW Build-A-Bear Workshop Inc. | 0.18% | 24,751 | $739K | No change |
| IYW iShares Ustechnology ETF | 0.16% | 4,874 | $658K | Add +0.0% |
| MCD McDonald's Corp. | 0.16% | 2,266 | $639K | Add +0.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.16% | 1 | $634K | No change |
| FV First Trust DW Focus 5 Fund | 0.15% | 10,986 | $629K | Reduce -1.6% |
| CAH Cardinal Health Inc. | 0.15% | 5,305 | $594K | Reduce -1.3% |
| TIP iShares Tips Bond ETF | 0.14% | 5,301 | $569K | Reduce -8.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.14% | 3,100 | $566K | Add +10.5% |
| TAK Takeda Pharmaceutic-SP ADR | 0.14% | 40,627 | $564K | Add +7.4% |
| KHC The Kraft Heinz Co. | 0.14% | 15,271 | $564K | Add +10.2% |
| UTF Cohen & Steers Infrastructur | 0.14% | 23,860 | $562K | Add +0.0% |
| DHR Danaher Corp. | 0.13% | 2,134 | $533K | Reduce -13.1% |
| AMD Advanced Micro Devices | 0.13% | 2,907 | $525K | Reduce -3.6% |
| XGDVX Gabelli Dividend & Income TR | 0.13% | 22,630 | $520K | Add +0.8% |
| PROSHARES TR | 0.13% | 20,750 | $516K | New |
| KO The Coca-Cola Co. | 0.13% | 8,410 | $515K | Reduce -7.7% |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 2,733 | $499K | Add +49.4% |
| PANW Palo Alto Networks Inc. | 0.12% | 1,748 | $497K | New |
| JEPI JPMorgan Equity Premium Inco | 0.12% | 8,472 | $490K | Add +14.5% |
| HWKN Hawkins Inc. | 0.12% | 6,242 | $479K | Reduce -8.4% |
Portfolio Sells Q4 2023 → Q1 2024
| CDRE Cadre Holdings Inc. | Sold out | 0.00% | −0.96 |
| WTRG Essential Utilities Inc. | Sold out | 0.00% | −0.32 |
| UNP Union Pacific Corp. | Reduce -1.5% | 1.35% | −0.20 |
| GOOG Alphabet Inc. Class C | Reduce -0.0% | 3.99% | −0.19 |
| BCPC Balchem Corp. | Reduce -1.5% | 1.66% | −0.17 |
| WWD Woodward Inc. | Reduce -27.6% | 0.43% | −0.16 |
| S&W SEED CO | Reduce -0.3% | 0.23% | −0.15 |
| JOE The St Joe Co. | Reduce -0.4% | 0.78% | −0.14 |
| LIN Linde PLC | Reduce -3.3% | 3.84% | −0.13 |
| PHYS Sprott Physical Gold Trust | Sold out | 0.00% | −0.12 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.4% | 0.95% | −0.12 |
| NFG National Fuel Gas Co. | Reduce -5.0% | 0.88% | −0.10 |
| RGCO RGC Resources Inc. | Reduce -1.2% | 0.61% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -41.6% | 0.09% | −0.09 |
| CEF Sprott Physical Gold and Sil | Reduce -60.5% | 0.05% | −0.09 |
| CVX Chevron Corp. | Reduce -4.2% | 0.75% | −0.09 |
| PEP Pepsico Inc. | Reduce -2.5% | 0.81% | −0.09 |
| SGDM Sprott Gold Miners ETF | Sold out | 0.00% | −0.08 |
| ODP The Odp Corp. | Sold out | 0.00% | −0.08 |
| REGN Regeneron Pharmaceuticals | Reduce -0.7% | 1.85% | −0.07 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.06 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.06 |
| FDL First Trust Morn DVD Lead Inc. | Sold out | 0.00% | −0.06 |
| WMB Williams Cos Inc. | Reduce -6.3% | 0.66% | −0.05 |
| T AT&T Inc. | Reduce -8.5% | 0.28% | −0.05 |
| SHEL Shell PLC-ADR | Reduce -5.2% | 0.28% | −0.05 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -4.5% | 0.80% | −0.04 |
| BG Bunge Global SA | Reduce -7.5% | 0.22% | −0.04 |
| JNJ Johnson & Johnson | Reduce -26.8% | 0.08% | −0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -4.0% | 0.36% | −0.04 |
| SLV iShares Silver Trust | Reduce -4.4% | 0.25% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.6% | 0.25% | −0.03 |
| TIP iShares Tips Bond ETF | Reduce -8.5% | 0.14% | −0.03 |
| WBD Warner Bros Discovery Inc. | Reduce -2.9% | 0.06% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.2% | 0.57% | −0.03 |
| MPC Marathon Petroleum Corp. | Reduce -41.6% | 0.07% | −0.03 |
| ADBE Adobe Inc. | Reduce -7.0% | 0.07% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -9.9% | 0.22% | −0.03 |
| MSFT Microsoft Corp. | Reduce -2.0% | 0.89% | −0.03 |
| PSX Phillips 66 | Reduce -37.2% | 0.06% | −0.03 |
| XYZ Block Inc. | Reduce -21.8% | 0.09% | −0.03 |
| DHR Danaher Corp. | Reduce -13.1% | 0.13% | −0.03 |
| GDX Vaneck Gold Miners ETF | Reduce -1.1% | 0.22% | −0.03 |
| AMT American Tower Corp. | Reduce -5.7% | 0.08% | −0.03 |
| FXO First Trust Financial Alphad | Reduce -8.9% | 0.20% | −0.03 |
| CVM Cel-Sci Corp. | Reduce -1.1% | 0.04% | −0.02 |
| BATRK Atlanta Braves Holdings in-C | Reduce -7.3% | 0.10% | −0.02 |
| KO The Coca-Cola Co. | Reduce -7.7% | 0.13% | −0.02 |
| PROSHARES TR | Reduce -1.1% | 0.04% | −0.02 |
| LCNB LCNB Corporation | Reduce -17.6% | 0.06% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| ADM Archer-Daniels-Midland Co. | New | 1.40% | +1.40 |
| HEI Heico Corp. | Add +28.0% | 2.89% | +0.50 |
| LMT Lockheed Martin Corp. | Add +457.1% | 0.58% | +0.46 |
| APD Air Products & Chemicals Inc. | Add +108.0% | 0.77% | +0.30 |
| META Meta Platforms Inc. Class A | Add +0.0% | 1.11% | +0.20 |
| PROSHARES TR | New | 0.13% | +0.13 |
| PANW Palo Alto Networks Inc. | New | 0.12% | +0.12 |
| MA Mastercard Inc. Class A | Add +47.5% | 0.36% | +0.12 |
| VOO Vanguard S&P 500 ETF | Add +8.7% | 1.26% | +0.07 |
| ABT Abbott Laboratories | New | 0.07% | +0.07 |
| MU Micron Technology Inc. | New | 0.07% | +0.07 |
| CI The Cigna Group | Add +42.4% | 0.19% | +0.07 |
| FIXD First Trust Smith Opportunis | Add +34.6% | 0.45% | +0.06 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.06% | +0.06 |
| AMZN Amazon.com Inc. | Add +0.9% | 1.06% | +0.06 |
| KLAC KLA Corp. | New | 0.06% | +0.06 |
| REGL Prshrs S&P Mid 400 DVD Arist | New | 0.06% | +0.06 |
| MRVL Marvell Technology Inc. | New | 0.06% | +0.06 |
| CDNS Cadence Design SYS Inc. | New | 0.05% | +0.05 |
| ANET Arista Networks Inc. | New | 0.05% | +0.05 |
| URI United Rentals Inc. | New | 0.05% | +0.05 |
| V Visa Inc. Class A | Add +21.2% | 0.41% | +0.05 |
| JHMM John Hancock Multi Fact Mid | New | 0.05% | +0.05 |
| VXUS Vanguard Total Intl Stock | New | 0.05% | +0.05 |
| STLD Steel Dynamics Inc. | New | 0.05% | +0.05 |
| AEE Ameren Corporation | New | 0.05% | +0.05 |
| VAW Vanguard Materials ETF | Add +17.2% | 0.42% | +0.04 |
| GNSS Genasys Inc. | Add +129.1% | 0.07% | +0.04 |
| SLCA US Silica Holdings Inc. | New | 0.04% | +0.04 |
| VIG Vanguard Dividend Apprec ETF | Add +49.4% | 0.12% | +0.04 |
| ET Energy Transfer LP | Add +1.0% | 1.71% | +0.03 |
| MNTX Manitex International Inc. | New | 0.03% | +0.03 |
| OXY Occidental Petroleum Corp. | Add +6.4% | 1.26% | +0.03 |
| ANGI Angi Inc. | New | 0.03% | +0.03 |
| VDE Vanguard Energy ETF | Add +6.4% | 0.49% | +0.03 |
| BJ Bj's Wholesale Club Holdings | Add +3.1% | 0.72% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +11.8% | 0.09% | +0.02 |
| PSEC Prospect Capital Corp. | New | 0.02% | +0.02 |
| VOOV Vanguard S&P 500 Value ETF | Add +23.0% | 0.11% | +0.02 |
| NOBL Proshares S&P 500 Dividend A | Add +24.6% | 0.10% | +0.02 |
| HON Honeywell International Inc. | Add +36.0% | 0.10% | +0.01 |
| USMV iShares MSCI USA Min Vol Fac | Add +28.1% | 0.08% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +4.4% | 0.09% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | Add +10.5% | 0.14% | +0.01 |
| WMT Walmart Inc. | Add +6.2% | 0.11% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +14.5% | 0.12% | +0.01 |
| EG Everest Group Ltd. | Add +8.9% | 0.09% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.21% | +0.01 |
| LDOS Leidos Holdings Inc. | Add +0.1% | 0.08% | +0.01 |
| COST Costco Wholesale Corp. | Add +6.5% | 0.10% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 0 | $0 | |
| Q3 2025 | 0 | $0 | |
| Q2 2025 | 0 | $0 | |
| Q1 2025 | 183 | $422.7M | BRK.B, EPD, NVO, HEI, GOOG |
| Q4 2024 | 209 | $409.8M | BRK.B, NVO, EPD, GOOG, HEI |
| Q3 2024 | 218 | $442.1M | BRK.B, NVO, EPD, CP, GOOG |
| Q2 2024 | 207 | $412.6M | BRK.B, NVO, GOOG, EPD, CP |
| Q1 2024 | 209 | $407.1M | BRK.B, NVO, EPD, CP, GOOG |