Cutter & CO Brokerage, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Cutter & CO Brokerage, Inc. reported 207 stock positions worth $412.6 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 13.6% of the portfolio, followed by Novo-Nordisk A/S-Spons ADR (NVO, 9.8%) and Alphabet Class C (GOOG, 4.8%). Compared with Q1 2024, it opened 13 new positions, sold out of 15, added to 71 and reduced 97. The biggest buy was Alphabet Class C (GOOG, shares +1%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Ballwin, MO
- CIK
- 0001406995
- Portfolio Value
- $412.6M (Q2 2024)
- SEC Filing
- 0001437749-24-024025 ↗ filed Jul 31, 2024
Holdings Value
Holdings 207 stocks · $412.6M
| BRK.B Berkshire Hathaway Inc. Class B | 13.56% | 137,574 | $56.0M | Reduce -1.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 9.83% | 284,178 | $40.6M | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 4.76% | 107,191 | $19.7M | Add +0.5% |
| EPD Enterprise Products Partners | 4.51% | 642,267 | $18.6M | Reduce -1.6% |
| CP Canadian Pacific Kansas City | 4.03% | 211,086 | $16.6M | Add +13.3% |
| LIN Linde PLC | 3.55% | 33,356 | $14.6M | Reduce -1.0% |
| HEI Heico Corp. | 3.30% | 60,837 | $13.6M | Reduce -1.1% |
| REGN Regeneron Pharmaceuticals | 1.98% | 7,776 | $8.2M | Reduce -0.6% |
| AAPL Apple Inc. | 1.83% | 35,804 | $7.5M | Reduce -1.8% |
| ET Energy Transfer LP | 1.72% | 436,677 | $7.1M | Reduce -1.6% |
| AWK American Water Works Co. Inc. | 1.68% | 53,545 | $6.9M | Reduce -2.2% |
| BCPC Balchem Corp. | 1.60% | 42,966 | $6.6M | Reduce -1.5% |
| LLY Eli Lilly & Co. | 1.54% | 7,001 | $6.3M | Add +9.0% |
| WSO Watsco Inc. | 1.44% | 12,806 | $5.9M | Reduce -0.9% |
| VRTX Vertex Pharmaceuticals Inc. | 1.33% | 11,734 | $5.5M | Reduce -1.5% |
| ADM Archer-Daniels-Midland Co. | 1.29% | 87,983 | $5.3M | Reduce -3.4% |
| VOO Vanguard S&P 500 ETF | 1.28% | 10,590 | $5.3M | Reduce -0.8% |
| OXY Occidental Petroleum Corp. | 1.22% | 79,896 | $5.0M | Add +0.8% |
| UNP Union Pacific Corp. | 1.20% | 21,899 | $5.0M | Reduce -1.7% |
| META Meta Platforms Inc. Class A | 1.18% | 9,670 | $4.9M | Add +4.0% |
| AMZN Amazon.com Inc. | 1.11% | 23,770 | $4.6M | Reduce -0.8% |
| ZBRA Zebra Technologies Corp. Class A | 1.06% | 14,094 | $4.4M | Reduce -1.6% |
| LHX L3HARRIS Technologies Inc. | 0.95% | 17,471 | $3.9M | Reduce -3.7% |
| KMI Kinder Morgan Inc. | 0.93% | 193,659 | $3.8M | Reduce -2.7% |
| MSFT Microsoft Corp. | 0.92% | 8,489 | $3.8M | Reduce -1.5% |
| NSC Norfolk Southern Corp. | 0.85% | 16,361 | $3.5M | Add +356.3% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.82% | 38,501 | $3.4M | Reduce -0.8% |
| PFE Pfizer Inc. | 0.81% | 119,283 | $3.3M | Add +1.4% |
| NOC Northrop Grumman Corp. | 0.76% | 7,214 | $3.1M | Reduce -3.0% |
| PEP Pepsico Inc. | 0.72% | 18,092 | $3.0M | Reduce -3.5% |
| APD Air Products & Chemicals Inc. | 0.72% | 11,540 | $3.0M | Reduce -10.8% |
| CVX Chevron Corp. | 0.72% | 19,033 | $3.0M | Reduce -1.7% |
| NVDA Nvidia Corp. | 0.72% | 24,035 | $3.0M | Reduce -7.3% |
| JOE The St Joe Co. | 0.71% | 53,584 | $2.9M | Reduce -2.2% |
| LRCX Lam Research Corp. | 0.68% | 2,646 | $2.8M | Reduce -2.6% |
| AVGO Broadcom Inc. | 0.65% | 1,658 | $2.7M | Reduce -5.3% |
| VGT Vanguard Info Tech ETF | 0.62% | 4,429 | $2.6M | Reduce -3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.60% | 4,519 | $2.5M | Reduce -7.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.60% | 5,127 | $2.5M | Reduce -1.3% |
| MP MP Materials Corp. | 0.58% | 189,188 | $2.4M | Add +6.7% |
| LMT Lockheed Martin Corp. | 0.58% | 5,109 | $2.4M | Reduce -1.4% |
| RGCO RGC Resources Inc. | 0.58% | 116,459 | $2.4M | Reduce -4.5% |
| NFG National Fuel Gas Co. | 0.54% | 40,850 | $2.2M | Reduce -38.6% |
| VDE Vanguard Energy ETF | 0.46% | 15,011 | $1.9M | Reduce -0.1% |
| FIXD First Trust Smith Opportunis | 0.46% | 44,204 | $1.9M | Add +5.4% |
| V Visa Inc. Class A | 0.46% | 7,169 | $1.9M | Add +20.0% |
| PAGP Plains GP Holdings LP | 0.45% | 98,424 | $1.9M | Reduce -2.1% |
| CIBR First Trust Nasdaq Cybersecu | 0.44% | 31,867 | $1.8M | Reduce -0.1% |
| SCHD Schwab US DVD Equity ETF | 0.41% | 21,848 | $1.7M | Reduce -1.5% |
| WMB Williams Cos Inc. | 0.40% | 38,587 | $1.6M | Reduce -44.3% |
| GOOGL Alphabet Inc. Class A | 0.39% | 8,747 | $1.6M | Add +1.0% |
| VAW Vanguard Materials ETF | 0.39% | 8,258 | $1.6M | Reduce -1.7% |
| MA Mastercard Inc. Class A | 0.38% | 3,579 | $1.6M | Add +16.5% |
| SLV iShares Silver Trust | 0.36% | 55,531 | $1.5M | Add +22.3% |
| FIW First Trust Water ETF | 0.33% | 13,643 | $1.4M | Add +0.2% |
| T AT&T Inc. | 0.33% | 70,247 | $1.3M | Add +6.7% |
| ARCC Ares Capital Corp. | 0.33% | 64,345 | $1.3M | Reduce -6.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.32% | 3,408 | $1.3M | Reduce -8.0% |
| ABBV Abbvie Inc. | 0.31% | 7,395 | $1.3M | Add +1.2% |
| SHEL Shell PLC-ADR | 0.30% | 16,979 | $1.2M | Reduce -0.6% |
| HII Huntington Ingalls Industrie | 0.27% | 4,482 | $1.1M | Reduce -2.9% |
| SCHG Schwab US Large-Cap Growth | 0.25% | 10,094 | $1.0M | Reduce -3.9% |
| GDX Vaneck Gold Miners ETF | 0.23% | 27,731 | $941K | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.23% | 4,623 | $935K | Reduce -5.4% |
| VZ Verizon Communications Inc. | 0.22% | 22,081 | $911K | Add +2.8% |
| MRK Merck & Co. Inc. | 0.22% | 7,310 | $905K | Reduce -1.5% |
| NEE Nextera Energy Inc. | 0.21% | 12,095 | $856K | Reduce -10.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.20% | 14,231 | $842K | Add +0.5% |
| BG Bunge Global SA | 0.20% | 7,632 | $815K | Reduce -11.4% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 19,221 | $798K | Add +2.5% |
| BF.B Brown-Forman Corp. Class B | 0.19% | 18,001 | $777K | Reduce -2.2% |
| VLO Valero Energy Corp. | 0.18% | 4,864 | $763K | Add +0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 4,371 | $756K | Reduce -1.2% |
| CI The Cigna Group | 0.18% | 2,238 | $740K | Add +3.2% |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 29,049 | $736K | Add +74.5% |
| IYW iShares Ustechnology ETF | 0.18% | 4,830 | $727K | Reduce -0.9% |
| FXO First Trust Financial Alphad | 0.18% | 15,667 | $725K | Reduce -6.7% |
| HD Home Depot Inc. | 0.17% | 2,036 | $701K | Reduce -9.7% |
| S&W SEED CO | 0.17% | 1,909,655 | $687K | Reduce -1.7% |
| ENVX Enovix Corp. | 0.17% | 44,268 | $684K | Add +6.5% |
| FCX Freeport-McMoran Inc. | 0.16% | 13,593 | $661K | New |
| BBW Build-A-Bear Workshop Inc. | 0.15% | 24,751 | $625K | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.15% | 3,164 | $624K | Add +2.1% |
| FV First Trust DW Focus 5 Fund | 0.15% | 10,851 | $621K | Reduce -1.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.15% | 1 | $612K | No change |
| MKC McCormick & Co.-Non VTG SHRS | 0.14% | 8,373 | $594K | Reduce -80.3% |
| AAAU Goldman Sachs Physical Gold | 0.14% | 24,840 | $572K | Add +104.4% |
| TIP iShares Tips Bond ETF | 0.14% | 5,341 | $570K | Add +0.8% |
| HWKN Hawkins Inc. | 0.14% | 6,242 | $568K | No change |
| MCD McDonald's Corp. | 0.13% | 2,164 | $552K | Reduce -4.5% |
| KO The Coca-Cola Co. | 0.13% | 8,610 | $548K | Add +2.4% |
| CAH Cardinal Health Inc. | 0.13% | 5,529 | $544K | Add +4.2% |
| TAK Takeda Pharmaceutic-SP ADR | 0.13% | 41,974 | $543K | Add +3.3% |
| PANW Palo Alto Networks Inc. | 0.13% | 1,522 | $516K | Reduce -12.9% |
| DHR Danaher Corp. | 0.12% | 2,035 | $508K | Reduce -4.6% |
| XGDVX Gabelli Dividend & Income TR | 0.12% | 22,008 | $500K | Reduce -2.8% |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 2,733 | $499K | No change |
| JEPI JPMorgan Equity Premium Inco | 0.12% | 8,595 | $487K | Add +1.4% |
| KHC The Kraft Heinz Co. | 0.12% | 15,043 | $485K | Reduce -1.5% |
| PROSHARES TR | 0.12% | 20,750 | $478K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 13.56% | −0.88 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -80.3% | 0.14% | −0.66 |
| WWD Woodward Inc. | Sold out | 0.00% | −0.43 |
| NFG National Fuel Gas Co. | Reduce -38.6% | 0.54% | −0.34 |
| LIN Linde PLC | Reduce -1.0% | 3.55% | −0.30 |
| WMB Williams Cos Inc. | Reduce -44.3% | 0.40% | −0.27 |
| MARK Remark Holdings Inc. | Sold out | 0.00% | −0.24 |
| EPD Enterprise Products Partners | Reduce -1.6% | 4.51% | −0.17 |
| UNP Union Pacific Corp. | Reduce -1.7% | 1.20% | −0.14 |
| UTF Cohen & Steers Infrastructur | Sold out | 0.00% | −0.14 |
| ADM Archer-Daniels-Midland Co. | Reduce -3.4% | 1.29% | −0.12 |
| NOC Northrop Grumman Corp. | Reduce -3.0% | 0.76% | −0.11 |
| PEP Pepsico Inc. | Reduce -3.5% | 0.72% | −0.08 |
| JOE The St Joe Co. | Reduce -2.2% | 0.71% | −0.07 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.06 |
| HII Huntington Ingalls Industrie | Reduce -2.9% | 0.27% | −0.06 |
| S&W SEED CO | Reduce -1.7% | 0.17% | −0.06 |
| PSX Phillips 66 | Sold out | 0.00% | −0.06 |
| BCPC Balchem Corp. | Reduce -1.5% | 1.60% | −0.06 |
| REGL Prshrs S&P Mid 400 DVD Arist | Sold out | 0.00% | −0.06 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.06 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.05 |
| JHMM John Hancock Multi Fact Mid | Sold out | 0.00% | −0.05 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −0.05 |
| AEE Ameren Corporation | Sold out | 0.00% | −0.05 |
| APD Air Products & Chemicals Inc. | Reduce -10.8% | 0.72% | −0.05 |
| BF.B Brown-Forman Corp. Class B | Reduce -2.2% | 0.19% | −0.04 |
| HD Home Depot Inc. | Reduce -9.7% | 0.17% | −0.04 |
| PROSHARES TR | Sold out | 0.00% | −0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -8.0% | 0.32% | −0.04 |
| VAW Vanguard Materials ETF | Reduce -1.7% | 0.39% | −0.04 |
| SLCA US Silica Holdings Inc. | Sold out | 0.00% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.3% | 0.60% | −0.03 |
| CVX Chevron Corp. | Reduce -1.7% | 0.72% | −0.03 |
| RGCO RGC Resources Inc. | Reduce -4.5% | 0.58% | −0.03 |
| ARCC Ares Capital Corp. | Reduce -6.8% | 0.33% | −0.03 |
| SCHD Schwab US DVD Equity ETF | Reduce -1.5% | 0.41% | −0.03 |
| AMARIN CORP PLC | Reduce -4.4% | 0.07% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -1.2% | 0.18% | −0.02 |
| AMD Advanced Micro Devices | Reduce -8.1% | 0.10% | −0.02 |
| MCD McDonald's Corp. | Reduce -4.5% | 0.13% | −0.02 |
| VDE Vanguard Energy ETF | Reduce -0.1% | 0.46% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -1.5% | 0.22% | −0.02 |
| KHC The Kraft Heinz Co. | Reduce -1.5% | 0.12% | −0.02 |
| FXO First Trust Financial Alphad | Reduce -6.7% | 0.18% | −0.02 |
| DIS The Walt Disney Co. | Reduce -6.3% | 0.06% | −0.02 |
| BG Bunge Global SA | Reduce -11.4% | 0.20% | −0.02 |
| TGT Target Corp. | Reduce -4.8% | 0.07% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -5.4% | 0.23% | −0.01 |
| PWR Quanta Services Inc. | Reduce -10.1% | 0.08% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| GOOG Alphabet Inc. Class C | Add +0.5% | 4.76% | +0.78 |
| NSC Norfolk Southern Corp. | Add +356.3% | 0.85% | +0.63 |
| LLY Eli Lilly & Co. | Add +9.0% | 1.54% | +0.31 |
| FCX Freeport-McMoran Inc. | New | 0.16% | +0.16 |
| GLD SPDR Gold Shares | New | 0.11% | +0.11 |
| SLV iShares Silver Trust | Add +22.3% | 0.36% | +0.10 |
| CB Chubb Ltd. | New | 0.09% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | Add +74.5% | 0.18% | +0.08 |
| ENVX Enovix Corp. | Add +6.5% | 0.17% | +0.08 |
| USO United States Oil Fund LP | New | 0.08% | +0.08 |
| META Meta Platforms Inc. Class A | Add +4.0% | 1.18% | +0.07 |
| AAAU Goldman Sachs Physical Gold | Add +104.4% | 0.14% | +0.07 |
| CRUS Cirrus Logic Inc. | New | 0.07% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +1.0% | 0.39% | +0.06 |
| XLE SS Energy Select Sector | New | 0.06% | +0.06 |
| IGV iShares Expanded Tech-Softwa | New | 0.05% | +0.05 |
| VOOG Vanguard S&P 500 Growth ETF | New | 0.05% | +0.05 |
| AGYS Agilysys Inc. | New | 0.05% | +0.05 |
| V Visa Inc. Class A | Add +20.0% | 0.46% | +0.05 |
| T AT&T Inc. | Add +6.7% | 0.33% | +0.04 |
| EGY Vaalco Energy Inc. | New | 0.03% | +0.03 |
| ANET Arista Networks Inc. | Add +31.9% | 0.08% | +0.03 |
| GNSS Genasys Inc. | Add +57.9% | 0.10% | +0.03 |
| SOFI Sofi Technologies Inc. | New | 0.02% | +0.02 |
| MA Mastercard Inc. Class A | Add +16.5% | 0.38% | +0.02 |
| UGP Ultrapar Particpac-Spon ADR | New | 0.01% | +0.01 |
| HPE Hewlett Packard Enterprise | Add +3.4% | 0.07% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | Add +2.1% | 0.15% | +0.01 |
| FIXD First Trust Smith Opportunis | Add +5.4% | 0.46% | +0.01 |
| KLAC KLA Corp. | Add +3.3% | 0.07% | +0.01 |
| AMGN Amgen Inc. | Add +11.9% | 0.06% | +0.01 |
| ADBE Adobe Inc. | Add +4.5% | 0.07% | +0.01 |
| CDNS Cadence Design SYS Inc. | Add +17.6% | 0.06% | +0.01 |
| NXPI NXP Semiconductors NV | Add +0.1% | 0.12% | +0.01 |
| LDOS Leidos Holdings Inc. | Add +0.1% | 0.08% | +0.01 |
| PBI Pitney Bowes Inc. | Add +6.7% | 0.04% | +0.01 |
| JNJ Johnson & Johnson | Add +19.3% | 0.09% | +0.01 |
| PFE Pfizer Inc. | Add +1.4% | 0.81% | +0.01 |
| MU Micron Technology Inc. | Add +0.0% | 0.07% | +0.01 |
| OHI Omega Healthcare Investors | Add +3.7% | 0.07% | +0.01 |
| KO The Coca-Cola Co. | Add +2.4% | 0.13% | +0.01 |
| BAC Bank of America Corp. | Add +2.0% | 0.11% | +0.01 |
| DOW Dow Inc. | Add +23.7% | 0.06% | +0.01 |
| HON Honeywell International Inc. | Add +2.1% | 0.10% | +0.00 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.8% | 0.09% | +0.00 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +0.5% | 0.20% | +0.00 |
| DNP DNP Select Income Fund Inc. | Add +19.1% | 0.05% | +0.00 |
| SCHB Schwab US Broad Market ETF | Add +2.3% | 0.07% | +0.00 |
| VXUS Vanguard Total Intl Stock | Add +6.2% | 0.05% | +0.00 |
| PRTS Carparts.com Inc. | New | 0.00% | +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 |