# EDGAR Filing Document

**Accession Number:** 0001406995
**File Stem:** 0001437749-23-002449
**Filing Date:** 2023-2
**Character Count:** 25218
**Document Hash:** 1784360b79084575a2bdbdf9062df22c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-002449.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001437749-23-002449

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**EFFECTIVENESS DATE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cutter & CO Brokerage, Inc.
- **CENTRAL INDEX KEY:** 0001406995
- **IRS NUMBER:** 431477566
- **STATE OF INCORPORATION:** MO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12698
- **FILM NUMBER:** 23585110

**BUSINESS ADDRESS:**
- **STREET 1:** 15415 CLAYTON ROAD
- **CITY:** BALLWIN
- **STATE:** MO
- **ZIP:** 63011
- **BUSINESS PHONE:** 636-537-8770

**MAIL ADDRESS:**
- **STREET 1:** 15415 CLAYTON ROAD
- **CITY:** BALLWIN
- **STATE:** MO
- **ZIP:** 63011

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Cutter  CO Brokerage Inc.<br>**Address:** 15415 CLAYTON ROAD<br>BALLWIN, MO 63011

**Form 13F File Number:** 028-12698

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** DEBORAH CASTIGLIONI<br>**Title:** CEO<br>**Phone:** 636-537-8770

**Signature, Place, and Date of Signing:**

/s/ DEBORAH CASTIGLIONI  Ballwin, MO  02-03-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 217

**Form 13F Information Table Value Total:** $295704246

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 1281609 | 7930 | SH |  | SOLE | NONE | 0 | 0 | 7930 |
| ABRDN PRECIOUS MTLS  ETF | COM | 003263100 |  | 300259 | 3365 | SH |  | SOLE | NONE | 0 | 0 | 3365 |
| ACCELERATE DIAGNOSTICS | COM | 00430H102 |  | 9638 | 13575 | SH |  | SOLE | NONE | 0 | 0 | 13575 |
| ACCO BRANDS CORP | COM | 00081T108 |  | 292357 | 52300 | SH |  | SOLE | NONE | 0 | 0 | 52300 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 302542 | 3952 | SH |  | SOLE | NONE | 0 | 0 | 3952 |
| AIR PRODUCTS   CHEMICALS | COM | 009158106 |  | 715218 | 2320 | SH |  | SOLE | NONE | 0 | 0 | 2320 |
| ALLIANCE RESOURCE PARTNERS | COM | 01877R108 |  | 463296 | 22800 | SH |  | SOLE | NONE | 0 | 0 | 22800 |
| ALLSTATE CORP | COM | 020002101 |  | 517552 | 3817 | SH |  | SOLE | NONE | 0 | 0 | 3817 |
| ALPHABET INC CL A | COM | 02079K305 |  | 593523 | 6727 | SH |  | SOLE | NONE | 0 | 0 | 6727 |
| ALPHABET INC CL C | COM | 02079K107 |  | 9278052 | 104565 | SH |  | SOLE | NONE | 0 | 0 | 104565 |
| ALPINE SUMMIT ENERGY | COM | 021009105 |  | 432864 | 86400 | SH |  | SOLE | NONE | 0 | 0 | 86400 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 529973 | 11594 | SH |  | SOLE | NONE | 0 | 0 | 11594 |
| AMARIN CORP | COM | 023111206 |  | 708698 | 585701 | SH |  | SOLE | NONE | 0 | 0 | 585701 |
| AMAZON COM INC | COM | 023135106 |  | 1737036 | 20679 | SH |  | SOLE | NONE | 0 | 0 | 20679 |
| AMEREN CORP | COM | 023608102 |  | 243855 | 2742 | SH |  | SOLE | NONE | 0 | 0 | 2742 |
| AMERICAN TOWER CORP REIT | COM | 03027X100 |  | 551515 | 2603 | SH |  | SOLE | NONE | 0 | 0 | 2603 |
| AMERICAN WATER WORKS CO | COM | 030420103 |  | 8053966 | 52841 | SH |  | SOLE | NONE | 0 | 0 | 52841 |
| APPLE INC | COM | 037833100 |  | 4842330 | 37269 | SH |  | SOLE | NONE | 0 | 0 | 37269 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 1179847 | 63879 | SH |  | SOLE | NONE | 0 | 0 | 63879 |
| AT T INC | COM | 00206R102 |  | 1457552 | 79172 | SH |  | SOLE | NONE | 0 | 0 | 79172 |
| AVINO SILVER   GOLD | COM | 053906103 |  | 6800 | 10000 | SH |  | SOLE | NONE | 0 | 0 | 10000 |
| BALCHEM CORP | COM | 057665200 |  | 4327434 | 35439 | SH |  | SOLE | NONE | 0 | 0 | 35439 |
| BANK OF AMERICA CORP | COM | 060505104 |  | 554018 | 16728 | SH |  | SOLE | NONE | 0 | 0 | 16728 |
| BERKSHIRE HATHAWAY CL A | COM | 084670108 |  | 468711 | 1 | SH |  | SOLE | NONE | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC CL B | COM | 084670702 |  | 44602998 | 144393 | SH |  | SOLE | NONE | 0 | 0 | 144393 |
| BIOLINERX LTD  SPON  ADR | COM | 09071M205 |  | 9834 | 16667 | SH |  | SOLE | NONE | 0 | 0 | 16667 |
| BIONANO GENOMICS INC | COM | 09075F107 |  | 22922 | 15700 | SH |  | SOLE | NONE | 0 | 0 | 15700 |
| BJS WHOLESALE CLUB | COM | 05550J101 |  | 2163498 | 32701 | SH |  | SOLE | NONE | 0 | 0 | 32701 |
| BLACKROCK CR ALLOC INCM | COM | 092508100 |  | 141633 | 14023 | SH |  | SOLE | NONE | 0 | 0 | 14023 |
| BLOCK INC CL A | COM | 852234103 |  | 360136 | 5731 | SH |  | SOLE | NONE | 0 | 0 | 5731 |
| BRISTOL MYERS SQUIBB | COM | 110122108 |  | 1541854 | 21430 | SH |  | SOLE | NONE | 0 | 0 | 21430 |
| BROADCOM INC | COM | 11135F101 |  | 729589 | 1305 | SH |  | SOLE | NONE | 0 | 0 | 1305 |
| BROWN FORMAN CORP CL B | COM | 115637209 |  | 1258346 | 19159 | SH |  | SOLE | NONE | 0 | 0 | 19159 |
| BUILD A BEAR WORKSHOP | COM | 120076104 |  | 590064 | 24751 | SH |  | SOLE | NONE | 0 | 0 | 24751 |
| BUNGE LTD | COM | G16962105 |  | 994792 | 9971 | SH |  | SOLE | NONE | 0 | 0 | 9971 |
| CADRE HOLDINGS | COM | 12763L105 |  | 3117808 | 154798 | SH |  | SOLE | NONE | 0 | 0 | 154798 |
| CANADIAN PACIFIC RAILWAY | COM | 13645T100 |  | 1229690 | 16486 | SH |  | SOLE | NONE | 0 | 0 | 16486 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 507205 | 6598 | SH |  | SOLE | NONE | 0 | 0 | 6598 |
| CEL SCI CORPORATION COMMON STOCK | COM | 150837607 |  | 200561 | 85345 | SH |  | SOLE | NONE | 0 | 0 | 85345 |
| CF BANKSHARES INC COMMON STOCK | COM | 12520L109 |  | 253313 | 11960 | SH |  | SOLE | NONE | 0 | 0 | 11960 |
| CHEVRON CORPORATION | COM | 166764100 |  | 3884174 | 21640 | SH |  | SOLE | NONE | 0 | 0 | 21640 |
| CIGNA CORP NEW | COM | 125523100 |  | 396614 | 1197 | SH |  | SOLE | NONE | 0 | 0 | 1197 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 223440 | 3000 | SH |  | SOLE | NONE | 0 | 0 | 3000 |
| CISCO SYSTEM INC | COM | 17275R102 |  | 225038 | 4724 | SH |  | SOLE | NONE | 0 | 0 | 4724 |
| CIVISTA BANCSHARES INC COM | COM | 178867107 |  | 225603 | 10250 | SH |  | SOLE | NONE | 0 | 0 | 10250 |
| COCA COLA COMPANY | COM | 191216100 |  | 616572 | 9693 | SH |  | SOLE | NONE | 0 | 0 | 9693 |
| COHEN   STEERS INFRA FD | COM | 19248A109 |  | 610956 | 25467 | SH |  | SOLE | NONE | 0 | 0 | 25467 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 209739 | 1777 | SH |  | SOLE | NONE | 0 | 0 | 1777 |
| COSTAMARE INC | COM | Y1771G102 |  | 244528 | 26350 | SH |  | SOLE | NONE | 0 | 0 | 26350 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 399539 | 875 | SH |  | SOLE | NONE | 0 | 0 | 875 |
| CROWN CRAFTS INC | COM | 228309100 |  | 472590 | 88500 | SH |  | SOLE | NONE | 0 | 0 | 88500 |
| CSX CORP | COM | 126408103 |  | 409454 | 13217 | SH |  | SOLE | NONE | 0 | 0 | 13217 |
| CUMMINS INC | COM | 231021106 |  | 254405 | 1050 | SH |  | SOLE | NONE | 0 | 0 | 1050 |
| CVS HEALTH CORP | COM | 126650100 |  | 1330412 | 14276 | SH |  | SOLE | NONE | 0 | 0 | 14276 |
| CYXTERA TECH | COM | 23284C102 |  | 218865 | 113992 | SH |  | SOLE | NONE | 0 | 0 | 113992 |
| DANAHER CORP | COM | 235851102 |  | 311180 | 1172 | SH |  | SOLE | NONE | 0 | 0 | 1172 |
| DESKTOP METAL | COM | 25058X105 |  | 16036 | 11791 | SH |  | SOLE | NONE | 0 | 0 | 11791 |
| DIAGEO PLC SPONS ADR NEW | COM | 25243Q205 |  | 3435853 | 19282 | SH |  | SOLE | NONE | 0 | 0 | 19282 |
| DISNEY WALT COMPANY | COM | 254687106 |  | 325357 | 3745 | SH |  | SOLE | NONE | 0 | 0 | 3745 |
| DNP SELECT INCOME FD INC COM | COM | 23325P104 |  | 329625 | 29300 | SH |  | SOLE | NONE | 0 | 0 | 29300 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 1201072 | 66029 | SH |  | SOLE | NONE | 0 | 0 | 66029 |
| ELI LILLY CO | COM | 532457108 |  | 304015 | 831 | SH |  | SOLE | NONE | 0 | 0 | 831 |
| ENERGY SECTOR SPDR   ETF | COM | 81369Y506 |  | 303816 | 3473 | SH |  | SOLE | NONE | 0 | 0 | 3473 |
| ENERGY TRANSFER LP | COM | 29273V100 |  | 1694011 | 142714 | SH |  | SOLE | NONE | 0 | 0 | 142714 |
| ENTERPRISE PRODUCTS | COM | 293792107 |  | 13492562 | 559393 | SH |  | SOLE | NONE | 0 | 0 | 559393 |
| ENZO BIOCHEM INC | COM | 294100102 |  | 25320 | 17706 | SH |  | SOLE | NONE | 0 | 0 | 17706 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 4541101 | 95141 | SH |  | SOLE | NONE | 0 | 0 | 95141 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 427907 | 3879 | SH |  | SOLE | NONE | 0 | 0 | 3879 |
| FIRST NASDAQ CYBERSC ETF | COM | 33734X846 |  | 1104018 | 28520 | SH |  | SOLE | NONE | 0 | 0 | 28520 |
| FIRST TR DORSEY      ETF | COM | 33738R605 |  | 583659 | 12538 | SH |  | SOLE | NONE | 0 | 0 | 12538 |
| FIRST TR GLOBL TACTL ETF | COM | 33739H101 |  | 238290 | 9730 | SH |  | SOLE | NONE | 0 | 0 | 9730 |
| FIRST TR III PFD SEC ETF | COM | 33739E108 |  | 337715 | 20102 | SH |  | SOLE | NONE | 0 | 0 | 20102 |
| FIRST TR NASDAQ      ETF | COM | 33738R795 |  | 369201 | 14639 | SH |  | SOLE | NONE | 0 | 0 | 14639 |
| FIRST TR VIII CBOE   ETF | COM | 33740F847 |  | 241536 | 6800 | SH |  | SOLE | NONE | 0 | 0 | 6800 |
| FIRST TRUST FINANCL  ETF | COM | 33734X135 |  | 760071 | 18556 | SH |  | SOLE | NONE | 0 | 0 | 18556 |
| FIRST TRUST WATER    ETF | COM | 33733B100 |  | 1035605 | 13049 | SH |  | SOLE | NONE | 0 | 0 | 13049 |
| FORD MOTOR CO | COM | 345370860 |  | 479421 | 41223 | SH |  | SOLE | NONE | 0 | 0 | 41223 |
| GALECTIN THERAPEUTICS INC COM | COM | 363225202 |  | 146321 | 129488 | SH |  | SOLE | NONE | 0 | 0 | 129488 |
| GENASYS INC | COM | 36872P103 |  | 105450 | 28500 | SH |  | SOLE | NONE | 0 | 0 | 28500 |
| GENERAL MOTORS CO | COM | 37045V100 |  | 232575 | 6914 | SH |  | SOLE | NONE | 0 | 0 | 6914 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 292342 | 3405 | SH |  | SOLE | NONE | 0 | 0 | 3405 |
| GLACIER BANCORP INC COMMON STOCK | COM | 37637Q105 |  | 360766 | 7300 | SH |  | SOLE | NONE | 0 | 0 | 7300 |
| GOLDMAN SACHS        ETF | COM | 38150K103 |  | 384503 | 21255 | SH |  | SOLE | NONE | 0 | 0 | 21255 |
| HALLIBURTON COMPANY | COM | 406216101 |  | 521321 | 13248 | SH |  | SOLE | NONE | 0 | 0 | 13248 |
| HAWKINS INC | COM | 420261109 |  | 384055 | 9950 | SH |  | SOLE | NONE | 0 | 0 | 9950 |
| HEICO CORP | COM | 422806109 |  | 6487376 | 42225 | SH |  | SOLE | NONE | 0 | 0 | 42225 |
| HERON THERAPEUTICS INC | COM | 427746102 |  | 31638 | 12655 | SH |  | SOLE | NONE | 0 | 0 | 12655 |
| HEWLETT PACKARD | COM | 42824C109 |  | 182387 | 11428 | SH |  | SOLE | NONE | 0 | 0 | 11428 |
| HOME DEPOT INC | COM | 437076102 |  | 841543 | 2664 | SH |  | SOLE | NONE | 0 | 0 | 2664 |
| HONEYWELL INTERNATIONAL | COM | 438516106 |  | 323042 | 1507 | SH |  | SOLE | NONE | 0 | 0 | 1507 |
| HUNTINGTON BANCSHARES IN | COM | 446150104 |  | 404928 | 28718 | SH |  | SOLE | NONE | 0 | 0 | 28718 |
| HUNTINGTON INGALLS | COM | 446413106 |  | 929309 | 4029 | SH |  | SOLE | NONE | 0 | 0 | 4029 |
| I SHARES SILVER TR   ETF | COM | 46428Q109 |  | 1344629 | 61064 | SH |  | SOLE | NONE | 0 | 0 | 61064 |
| ILLUMINA INC | COM | 452327109 |  | 2120471 | 10487 | SH |  | SOLE | NONE | 0 | 0 | 10487 |
| INGREDION INC | COM | 457187102 |  | 3433942 | 35065 | SH |  | SOLE | NONE | 0 | 0 | 35065 |
| INTEL CORP | COM | 458140100 |  | 393149 | 14875 | SH |  | SOLE | NONE | 0 | 0 | 14875 |
| INTERNATIONAL BUSINESS MACHINES CORP | COM | 459200101 |  | 577700 | 4100 | SH |  | SOLE | NONE | 0 | 0 | 4100 |
| INTL FLAVOR   FRAGRANCE | COM | 459506101 |  | 5095323 | 48601 | SH |  | SOLE | NONE | 0 | 0 | 48601 |
| INVESCO BEARISH FUND ETF | COM | 46141D104 |  | 409313 | 22125 | SH |  | SOLE | NONE | 0 | 0 | 22125 |
| INVESCO QQQ TR       ETF | COM | 46090E103 |  | 1343117 | 5044 | SH |  | SOLE | NONE | 0 | 0 | 5044 |
| INVESCO SR INCOME TRUST | COM | 46131H107 |  | 83712 | 21857 | SH |  | SOLE | NONE | 0 | 0 | 21857 |
| INVESCO TR II PFD    ETF | COM | 46138E511 |  | 138522 | 12390 | SH |  | SOLE | NONE | 0 | 0 | 12390 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 434981 | 2123 | SH |  | SOLE | NONE | 0 | 0 | 2123 |
| ISHARES EDGE MSCI    ETF | COM | 46429B697 |  | 223572 | 3101 | SH |  | SOLE | NONE | 0 | 0 | 3101 |
| ISHARES MSCI EMG     ETF | COM | 46434G764 |  | 527896 | 11121 | SH |  | SOLE | NONE | 0 | 0 | 11121 |
| ISHARES TIP BOND     ETF | COM | 464287176 |  | 930024 | 8738 | SH |  | SOLE | NONE | 0 | 0 | 8738 |
| ISHARES U.S. TECH    ETF | COM | 464287721 |  | 358385 | 4811 | SH |  | SOLE | NONE | 0 | 0 | 4811 |
| JM SMUCKER CO | COM | 832696405 |  | 248037 | 1565 | SH |  | SOLE | NONE | 0 | 0 | 1565 |
| JOHNSON   JOHNSON | COM | 478160104 |  | 686675 | 3887 | SH |  | SOLE | NONE | 0 | 0 | 3887 |
| JPMORGAN CHASE   CO | COM | 46625H100 |  | 427898 | 3191 | SH |  | SOLE | NONE | 0 | 0 | 3191 |
| KINDER MORGAN INC | COM | 49456B101 |  | 3537768 | 195673 | SH |  | SOLE | NONE | 0 | 0 | 195673 |
| KRAFT HEINZ CO | COM | 500754106 |  | 471688 | 11587 | SH |  | SOLE | NONE | 0 | 0 | 11587 |
| L3HARRIS TECHNOLOGIES | COM | 502431109 |  | 2087607 | 10026 | SH |  | SOLE | NONE | 0 | 0 | 10026 |
| LAM RESEARCH CORP COM | COM | 512807108 |  | 1321641 | 3145 | SH |  | SOLE | NONE | 0 | 0 | 3145 |
| LCNB CORPORATION | COM | 50181P100 |  | 373320 | 20740 | SH |  | SOLE | NONE | 0 | 0 | 20740 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 286847 | 8900 | SH |  | SOLE | NONE | 0 | 0 | 8900 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 220467 | 2096 | SH |  | SOLE | NONE | 0 | 0 | 2096 |
| LIBERTY MEDIA CORP C BRAVES | COM | 531229888 |  | 462275 | 14343 | SH |  | SOLE | NONE | 0 | 0 | 14343 |
| LIFECORE BIOMEDICAL INC COMMON STOCK | COM | 514766104 |  | 140616 | 21700 | SH |  | SOLE | NONE | 0 | 0 | 21700 |
| LINDE AG | COM | G5494J103 |  | 5741709 | 17603 | SH |  | SOLE | NONE | 0 | 0 | 17603 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 452199 | 930 | SH |  | SOLE | NONE | 0 | 0 | 930 |
| MAGELLAN MIDSTREAM PRTNS | COM | 559080106 |  | 893036 | 17786 | SH |  | SOLE | NONE | 0 | 0 | 17786 |
| MANITEX INTL INC | COM | 563420108 |  | 51780 | 12945 | SH |  | SOLE | NONE | 0 | 0 | 12945 |
| MARATHON PETE CORP COM | COM | 56585A102 |  | 305787 | 2627 | SH |  | SOLE | NONE | 0 | 0 | 2627 |
| MASTERCARD INC CL A | COM | 57636Q104 |  | 204103 | 587 | SH |  | SOLE | NONE | 0 | 0 | 587 |
| MCCORMICK CO INC | COM | 579780206 |  | 3602990 | 43467 | SH |  | SOLE | NONE | 0 | 0 | 43467 |
| MCDONALDS CORP | COM | 580135101 |  | 623845 | 2367 | SH |  | SOLE | NONE | 0 | 0 | 2367 |
| MEDTRONIC INC | COM | G5960L103 |  | 3134487 | 40331 | SH |  | SOLE | NONE | 0 | 0 | 40331 |
| MERCK CO INC | COM | 58933Y105 |  | 891981 | 8039 | SH |  | SOLE | NONE | 0 | 0 | 8039 |
| MESA LABS INC | COM | 59064R109 |  | 231863 | 1395 | SH |  | SOLE | NONE | 0 | 0 | 1395 |
| META PLATFORMS | COM | 30303M102 |  | 1535899 | 12763 | SH |  | SOLE | NONE | 0 | 0 | 12763 |
| MICROSOFT CORP | COM | 594918104 |  | 2115029 | 8819 | SH |  | SOLE | NONE | 0 | 0 | 8819 |
| MORGAN STANLEY   CO | COM | 617446448 |  | 346063 | 4070 | SH |  | SOLE | NONE | 0 | 0 | 4070 |
| MP MATERIALS CORP | COM | 553368101 |  | 2622823 | 108024 | SH |  | SOLE | NONE | 0 | 0 | 108024 |
| NATIONAL FUEL GAS | COM | 636180101 |  | 2901934 | 45844 | SH |  | SOLE | NONE | 0 | 0 | 45844 |
| NATURAL ALTERNATIVES INTL INC | COM | 638842302 |  | 206394 | 24600 | SH |  | SOLE | NONE | 0 | 0 | 24600 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 867323 | 10375 | SH |  | SOLE | NONE | 0 | 0 | 10375 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 4016384 | 7361 | SH |  | SOLE | NONE | 0 | 0 | 7361 |
| NOVO NORDISK A S ADR | COM | 670100205 |  | 18278969 | 135060 | SH |  | SOLE | NONE | 0 | 0 | 135060 |
| NVIDIA CORP | COM | 67066G104 |  | 299966 | 2053 | SH |  | SOLE | NONE | 0 | 0 | 2053 |
| NXP SEMICONDUCTORS NV | COM | N6596X109 |  | 340504 | 2155 | SH |  | SOLE | NONE | 0 | 0 | 2155 |
| OBSEVA SA | COM | H5861P103 |  | 30180 | 201200 | SH |  | SOLE | NONE | 0 | 0 | 201200 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 2919886 | 46355 | SH |  | SOLE | NONE | 0 | 0 | 46355 |
| ODP CORP THE COMMON SHARES | COM | 88337F105 |  | 314226 | 6900 | SH |  | SOLE | NONE | 0 | 0 | 6900 |
| OFFICE PROPERTIES INC TR | COM | 67623C109 |  | 176191 | 13198 | SH |  | SOLE | NONE | 0 | 0 | 13198 |
| OMEGA HEALTHCARE INVS | COM | 681936100 |  | 290133 | 10380 | SH |  | SOLE | NONE | 0 | 0 | 10380 |
| PALANTIR INC COM CL A | COM | 69608A108 |  | 118391 | 18441 | SH |  | SOLE | NONE | 0 | 0 | 18441 |
| PARAMOUNT GLOBAL | COM | 92556H206 |  | 175891 | 10420 | SH |  | SOLE | NONE | 0 | 0 | 10420 |
| PEPSICO INC | COM | 713448108 |  | 3609953 | 19982 | SH |  | SOLE | NONE | 0 | 0 | 19982 |
| PFIZER INC | COM | 717081103 |  | 737591 | 14395 | SH |  | SOLE | NONE | 0 | 0 | 14395 |
| PHILIP MORRIS INTERNATIONAL INC | COM | 718172109 |  | 383502 | 3789 | SH |  | SOLE | NONE | 0 | 0 | 3789 |
| PHILLIPS 66 | COM | 718546104 |  | 220921 | 2123 | SH |  | SOLE | NONE | 0 | 0 | 2123 |
| PIERIS PHARMA | COM | 720795103 |  | 393618 | 378479 | SH |  | SOLE | NONE | 0 | 0 | 378479 |
| PITNEY BOWES INC | COM | 724479100 |  | 207860 | 54700 | SH |  | SOLE | NONE | 0 | 0 | 54700 |
| PLAINS GP HLDGS LP | COM | 72651A207 |  | 1291514 | 103819 | SH |  | SOLE | NONE | 0 | 0 | 103819 |
| POLARIS INC | COM | 731068102 |  | 304986 | 3020 | SH |  | SOLE | NONE | 0 | 0 | 3020 |
| PROCTER   GAMBLE CO | COM | 742718109 |  | 477133 | 3148 | SH |  | SOLE | NONE | 0 | 0 | 3148 |
| PROFIRE ENERGY INC | COM | 74316X101 |  | 19451 | 18350 | SH |  | SOLE | NONE | 0 | 0 | 18350 |
| PROSHARES S P 500    ETF | COM | 74348A467 |  | 274854 | 3054 | SH |  | SOLE | NONE | 0 | 0 | 3054 |
| PROSHARES TR         ETF | COM | 74347B110 |  | 366501 | 21725 | SH |  | SOLE | NONE | 0 | 0 | 21725 |
| PROSHARES TR EQTYS   ETF | COM | 74347B391 |  | 274445 | 5409 | SH |  | SOLE | NONE | 0 | 0 | 5409 |
| QUALCOMM INC | COM | 747525103 |  | 290333 | 2641 | SH |  | SOLE | NONE | 0 | 0 | 2641 |
| QURATE RETAIL INC SER A | COM | 74915M100 |  | 74028 | 45416 | SH |  | SOLE | NONE | 0 | 0 | 45416 |
| REGENERON PHARM INC | COM | 75886F107 |  | 5914775 | 8198 | SH |  | SOLE | NONE | 0 | 0 | 8198 |
| REMARK HOLDINGS INC | COM | 75955K300 |  | 343620 | 312382 | SH |  | SOLE | NONE | 0 | 0 | 312382 |
| RGC RESOURCES INC | COM | 74955L103 |  | 2548155 | 115563 | SH |  | SOLE | NONE | 0 | 0 | 115563 |
| S W SEED COMPANY | COM | 785135104 |  | 2984058 | 2003709 | SH |  | SOLE | NONE | 0 | 0 | 2003709 |
| SB FINANCIAL GROUP INC COM | COM | 78408D105 |  | 202892 | 11970 | SH |  | SOLE | NONE | 0 | 0 | 11970 |
| SCHWAB US DIVIDEND   ETF | COM | 808524797 |  | 279654 | 3702 | SH |  | SOLE | NONE | 0 | 0 | 3702 |
| SCHWAB US LARGE CAP  ETF | COM | 808524300 |  | 608141 | 10946 | SH |  | SOLE | NONE | 0 | 0 | 10946 |
| SHARECARE INC | COM | 81948W104 |  | 332560 | 207850 | SH |  | SOLE | NONE | 0 | 0 | 207850 |
| SHELL PLC            ADR | COM | 780259305 |  | 1315298 | 23096 | SH |  | SOLE | NONE | 0 | 0 | 23096 |
| SOUTHERN COMPANY | COM | 842587107 |  | 362955 | 5083 | SH |  | SOLE | NONE | 0 | 0 | 5083 |
| SOUTHWEST GAS HLDGS INC | COM | 844895102 |  | 306306 | 4950 | SH |  | SOLE | NONE | 0 | 0 | 4950 |
| SPDR DOW JONES INDL  ETF | COM | 78467X109 |  | 1038360 | 3134 | SH |  | SOLE | NONE | 0 | 0 | 3134 |
| SPDR S P 500 TRUST   ETF | COM | 78462F103 |  | 1727932 | 4518 | SH |  | SOLE | NONE | 0 | 0 | 4518 |
| SPDR S P DIVIDEND    ETF | COM | 78464A763 |  | 293518 | 2346 | SH |  | SOLE | NONE | 0 | 0 | 2346 |
| SPROTT PHYSICAL GOLD | COM | 85208R101 |  | 284370 | 15860 | SH |  | SOLE | NONE | 0 | 0 | 15860 |
| SPROTT PHYSICAL GOLD TR | COM | 85207H104 |  | 143721 | 10193 | SH |  | SOLE | NONE | 0 | 0 | 10193 |
| SPROTT PHYSICAL SILVER TRUST UNIT | COM | 85207K107 |  | 293344 | 35600 | SH |  | SOLE | NONE | 0 | 0 | 35600 |
| SPROTT TR            ETF | COM | 85210B102 |  | 231006 | 9330 | SH |  | SOLE | NONE | 0 | 0 | 9330 |
| ST JOE COMPANY | COM | 790148100 |  | 2161099 | 55915 | SH |  | SOLE | NONE | 0 | 0 | 55915 |
| TAKEDA PHARM CO LTD  ADR | COM | 874060205 |  | 535945 | 34355 | SH |  | SOLE | NONE | 0 | 0 | 34355 |
| TARGET CORP | COM | 87612E106 |  | 362092 | 2429 | SH |  | SOLE | NONE | 0 | 0 | 2429 |
| TEXTRON INC | COM | 883203101 |  | 236656 | 3343 | SH |  | SOLE | NONE | 0 | 0 | 3343 |
| THERMO FISHER SCI INC | COM | 883556102 |  | 416995 | 757 | SH |  | SOLE | NONE | 0 | 0 | 757 |
| TRAVELZOO COMMON STOCK | COM | 89421Q205 |  | 51175 | 11500 | SH |  | SOLE | NONE | 0 | 0 | 11500 |
| TRINITY PLACE HOLDINGS INC COM | COM | 89656D101 |  | 14132 | 19100 | SH |  | SOLE | NONE | 0 | 0 | 19100 |
| TRITON INTL LTD | COM | G9078F107 |  | 574760 | 8356 | SH |  | SOLE | NONE | 0 | 0 | 8356 |
| UNION PACIFIC CORP | COM | 907818108 |  | 2830538 | 13669 | SH |  | SOLE | NONE | 0 | 0 | 13669 |
| UNITEDHEALTH GROUP | COM | 91324P102 |  | 436417 | 823 | SH |  | SOLE | NONE | 0 | 0 | 823 |
| VALERO ENERGY CORP NEW | COM | 91913Y100 |  | 743290 | 5859 | SH |  | SOLE | NONE | 0 | 0 | 5859 |
| VANECK GOLD MINERS   ETF | COM | 92189F106 |  | 954012 | 33287 | SH |  | SOLE | NONE | 0 | 0 | 33287 |
| VANGUARD DIV APPREC  ETF | COM | 921908844 |  | 318372 | 2097 | SH |  | SOLE | NONE | 0 | 0 | 2097 |
| VANGUARD ENERGY      ETF | COM | 92204A306 |  | 1915324 | 15793 | SH |  | SOLE | NONE | 0 | 0 | 15793 |
| VANGUARD INDX S P500 ETF | COM | 922908363 |  | 3035829 | 8641 | SH |  | SOLE | NONE | 0 | 0 | 8641 |
| VANGUARD INFO TECH   ETF | COM | 92204A702 |  | 1582379 | 4954 | SH |  | SOLE | NONE | 0 | 0 | 4954 |
| VANGUARD MATERIALS   ETF | COM | 92204A801 |  | 1233366 | 7247 | SH |  | SOLE | NONE | 0 | 0 | 7247 |
| VANGUARD S P 500 VAL ETF | COM | 921932703 |  | 292267 | 2087 | SH |  | SOLE | NONE | 0 | 0 | 2087 |
| VANGUARD TOTL STK MK ETF | COM | 922908769 |  | 220386 | 1153 | SH |  | SOLE | NONE | 0 | 0 | 1153 |
| VERIZON COMMUNICATIONS | COM | 92343V104 |  | 1027140 | 26070 | SH |  | SOLE | NONE | 0 | 0 | 26070 |
| VERTEX PHARM INC | COM | 92532F100 |  | 3516185 | 12176 | SH |  | SOLE | NONE | 0 | 0 | 12176 |
| VILLAGE SUPERMARKET INC CL A | COM | 927107409 |  | 202623 | 8700 | SH |  | SOLE | NONE | 0 | 0 | 8700 |
| VIRNETX HOLDING CORP | COM | 92823T108 |  | 143390 | 110300 | SH |  | SOLE | NONE | 0 | 0 | 110300 |
| VISA INC CLASS A | COM | 92826C839 |  | 346809 | 1669 | SH |  | SOLE | NONE | 0 | 0 | 1669 |
| WALGREENS BOOTS | COM | 931427108 |  | 412455 | 11040 | SH |  | SOLE | NONE | 0 | 0 | 11040 |
| WALMART INC | COM | 931142103 |  | 357372 | 2520 | SH |  | SOLE | NONE | 0 | 0 | 2520 |
| WARNER BROS DISCOVERY | COM | 934423104 |  | 414500 | 43724 | SH |  | SOLE | NONE | 0 | 0 | 43724 |
| WASTE MANAGEMENT INC DEL | COM | 94106L109 |  | 377863 | 2409 | SH |  | SOLE | NONE | 0 | 0 | 2409 |
| WATSCO INC | COM | 942622200 |  | 3081508 | 12356 | SH |  | SOLE | NONE | 0 | 0 | 12356 |
| WELLS FARGO   CO NEW | COM | 949746101 |  | 592700 | 14355 | SH |  | SOLE | NONE | 0 | 0 | 14355 |
| WILLIAMS COMPANIES INC | COM | 969457100 |  | 2692554 | 81841 | SH |  | SOLE | NONE | 0 | 0 | 81841 |
| WOODWARD INC | COM | 980745103 |  | 1547312 | 16016 | SH |  | SOLE | NONE | 0 | 0 | 16016 |
| XEROX HOLDINGS CORPORATION | COM | 98421M106 |  | 228891 | 17325 | SH |  | SOLE | NONE | 0 | 0 | 17325 |
| XYLEM INC | COM | 98419M100 |  | 289818 | 2915 | SH |  | SOLE | NONE | 0 | 0 | 2915 |
| ZEBRA TECHNOLOGIES CL A | COM | 989207105 |  | 3548202 | 13838 | SH |  | SOLE | NONE | 0 | 0 | 13838 |
| ZENTEK LTD | COM | 98942X102 |  | 23250 | 15000 | SH |  | SOLE | NONE | 0 | 0 | 15000 |

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