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Cutler Capital Management, LLC Historic Quarter Change: Foreign Stocks, Sold Out

Cutler Capital Management, LLC historic quarter change: Foreign Stocks, Sold out

In share positions in stocks (depositary receipts and foreign shares traded over the counter), over 23 quarters from 2013-06-30 to 2026-06-30, Cutler Capital Management, LLC opened 9 positions, added to 19, reduced 13 and sold out of 8.

  • Q3 2025: Stock TSM; Country of operation —; Class SPONDORED ADS; Shares before 570.
  • Q1 2025: Stock SHEL; Country of operation —; Class ADR SHARES; Shares before 110,826.
  • Q4 2024: Stock TV; Country of operation —; Class ADR SHARES; Shares before 42,094.
  • Q3 2024: Stock SHEL; Country of operation —; Class SPON ADS; Shares before 108,861.

Each consecutive pair of Form 13F-HR filings compared (SEC CIK 1353098), 23 quarters: Q2 2026 (2026-03-31 to 2026-06-30, filed 2026-08-14); Q1 2026 (2025-12-31 to 2026-03-31, filed 2026-05-15); Q4 2025 (2025-09-30 to 2025-12-31, filed 2026-02-13); Q3 2025 (2025-06-30 to 2025-09-30, filed 2025-11-14); Q2 2025 (2025-03-31 to 2025-06-30, filed 2025-08-13); Q1 2025 (2024-12-31 to 2025-03-31, filed 2025-05-14); Q4 2024 (2024-09-30 to 2024-12-31, filed 2025-02-13); Q3 2024 (2024-06-30 to 2024-09-30, filed 2024-11-13); Q2 2024 (2024-03-31 to 2024-06-30, filed 2024-08-14); Q1 2024 (2023-12-31 to 2024-03-31, filed 2024-05-14); Q3 2016 (2016-06-30 to 2016-09-30, filed 2016-10-20); Q2 2016 (2016-03-31 to 2016-06-30, filed 2016-07-26); Q1 2016 (2015-12-31 to 2016-03-31, filed 2016-04-26); Q4 2015 (2015-09-30 to 2015-12-31, filed 2016-02-02); Q3 2015 (2015-06-30 to 2015-09-30, filed 2015-10-27); Q2 2015 (2015-03-31 to 2015-06-30, filed 2015-07-23); Q1 2015 (2014-12-31 to 2015-03-31, filed 2015-05-04); Q4 2014 (2014-09-30 to 2014-12-31, filed 2015-02-17); Q3 2014 (2014-06-30 to 2014-09-30, filed 2014-11-04); Q2 2014 (2014-03-31 to 2014-06-30, filed 2014-08-06); Q1 2014 (2013-12-31 to 2014-03-31, filed 2014-05-06); Q4 2013 (2013-09-30 to 2013-12-31, filed 2014-02-10); Q3 2013 (2013-06-30 to 2013-09-30, filed 2013-10-29). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2005-12-31. Not compared, as a quarter between them is not held here yet: 2016-09-30 to 2023-12-31 (missing 2016-12-31, 2017-03-31, 2017-06-30, 2017-09-30, 2017-12-31, 2018-03-31, 2018-06-30, 2018-09-30, 2018-12-31, 2019-03-31, 2019-06-30, 2019-09-30, 2019-12-31, 2020-03-31, 2020-06-30, 2020-09-30, 2020-12-31, 2021-03-31, 2021-06-30, 2021-09-30, 2021-12-31, 2022-03-31, 2022-06-30, 2022-09-30, 2022-12-31, 2023-03-31, 2023-06-30, 2023-09-30).

QuarterStockCountry of operationClassShares beforeShares afterShare changeValue beforeValue afterValue changeFiled
Q3 2025TSM
TAIWAN SEMICOND
SPONDORED ADS5700-570$129,099$0-$129,0992025-11-14
Q1 2025SHEL
SHELL PLC
ADR SHARES110,8260-110,826$6,943,261$0-$6,943,2612025-05-14
Q4 2024TV
GRUPO TELEV-ADR
ADR SHARES42,0940-42,094$107,760$0-$107,7602025-02-13
Q3 2024SHEL
SHELL PLC
SPON ADS108,8610-108,861$7,857,610$0-$7,857,6102024-11-13
Q3 2024TV
GRUPO TELEV-ADR
SPON ADR REP ORD42,0940-42,094$116,600$0-$116,6002024-11-13
Q2 2024SHEL
SHELL PLC
ADR SHARES108,2580-108,258$7,257,613$0-$7,257,6132024-08-14
Q2 2024TV
GRUPO TELEV
ADR SHARES40,8000-40,800$130,560$0-$130,5602024-08-14
Q3 2016FMBM
F&M BANCORP
United StatesCOM5,0000-5,000$115,000$0-$115,0002016-10-20

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