SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Cubic Asset Management, LLC

CIK 0001424322 · 800 BOYLSTON STREET, SUITE 2830, BOSTON, MA, 02199 · 617-456-1382

Reported Value
$338M
Q1 2019
Positions
175
Filings on Record
22
2019–present window
Filed
Apr 29, 2019
original filing

Summary

Cubic Asset Management, LLC reported $338M in U.S.-listed holdings across 175 positions for Q1 2019.

Its largest position, MSFT, represents 3.3% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+22.0%
share of reported value
Largest Position
+3.3%
Microsoft

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $338MQ1 ’19Q2 ’19: $333MQ3 ’19: $334MQ4 ’19: $355MQ4 ’19Q1 ’20: $247MQ2 ’20: $280MQ3 ’20: $279MQ3 ’20Q4 ’20: $337MQ1 ’21: $379MQ2 ’21: $405MQ2 ’21Q3 ’21: $404MQ4 ’21: $442MQ1 ’22: $429MQ1 ’22Q2 ’22: $371MQ3 ’22: $336MQ4 ’22: $350MQ4 ’22Q1 ’23: $358MQ2 ’23: $372MQ3 ’23: $363MQ3 ’23Q4 ’23: $389MQ1 ’24: $422Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 90.9%Other: 3.3%ETP: 2.6%REIT: 2.0%ADR: 1.2%
  • Common Stock · 90.9% · $307M
  • Other · 3.3% · $11M
  • ETP · 2.6% · $9M
  • REIT · 2.0% · $7M
  • ADR · 1.2% · $4M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
MSFTMICROSOFT CORPNEW+94.8K94.8K+$11M$11M
DALDELTA AIRLINES INCNEW+150.1K150.1K+$8M$8M
ALLALLSTATE CORPNEW+81.8K81.8K+$8M$8M
PNCPNC FINANCIAL SERVICES GROUPNEW+59.9K59.9K+$7M$7M
PFEPFIZER INCORPORATEDNEW+165.9K165.9K+$7M$7M
INTCINTEL CORPNEW+128.6K128.6K+$7M$7M
AXPAMERICAN EXPRESS CONEW+60.9K60.9K+$7M$7M
BRK/BBERKSHIRE HATHAWAY B NEW CLASSNEW+32.8K32.8K+$7M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

174 positions (from 175 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM3.31%$11M94.8K
2DALDELTA AIRLINES INChistory →COM2.29%$8M150.1K
3ALLALLSTATE CORPhistory →COM2.28%$8M81.8K
4PNCPNC FINANCIAL SERVICES GROUPhistory →COM2.17%$7M59.9K
5PFEPFIZER INCORPORATEDhistory →COM2.08%$7M165.9K
6INTCINTEL CORPhistory →COM2.04%$7M128.6K
7GOOGALPHABET INC-CL CCOM1.99%$7M5.7K
8AXPAMERICAN EXPRESS COhistory →COM1.97%$7M60.9K
9BRK/BBERKSHIRE HATHAWAY B NEW CLASShistory →COM1.95%$7M32.8K
10JNJJOHNSON & JOHNSONhistory →COM1.89%$6M45.6K
11AFLA F L A C INChistory →COM1.84%$6M124.5K
12CCITIGROUP INChistory →COM1.80%$6M97.9K
13MMM3M COMPANYhistory →COM1.78%$6M28.9K
14FDXFEDEX CORPORATIONhistory →COM1.74%$6M32.5K
15WHRWHIRLPOOL CORPhistory →COM1.73%$6M44.0K
16GPCGENUINE PARTS COhistory →COM1.73%$6M52.2K
17OMCOMNICOM GROUP INChistory →COM1.71%$6M79.1K
18BCBRUNSWICK CORPhistory →COM1.70%$6M114.2K
19AAPLAPPLE INChistory →COM1.69%$6M30.1K
20DISTHE WALT DISNEY COhistory →COM1.65%$6M50.2K
21UNHUNITEDHEALTH GROUP INChistory →COM1.63%$6M22.3K
22UTXZUNITED TECHNOLOGIES CORPhistory →COM1.53%$5M40.2K
23MDTMEDTRONIC PLChistory →COM1.47%$5M54.7K
24GSGOLDMAN SACHS GROUP INChistory →COM1.44%$5M25.3K
25LKQLKQ CORPhistory →COM1.43%$5M170.3K
26CVSCVS INChistory →COM1.39%$5M87.0K
27KMBKIMBERLY-CLARK CORPhistory →COM1.33%$4M36.3K
28IPINTERNATIONAL PAPERhistory →COM1.31%$4M96.0K
29ARCONIC CORPCOM1.29%$4M228.2K
30DISCOVERY, INC - ACOM1.27%$4M159.2K
31TE CONNECTIVITY LTD FCOM1.21%$4M50.7K
32MPTMEDICAL PROPERTIES TRUST INChistory →COM1.17%$4M213.6K
33TA T & T INC NEWhistory →COM1.16%$4M124.6K
34ATLAS AIR WORLDWIDE HOLDINGSCOM1.09%$4M73.0K
35CMPCOMPASS MINERALS INTERNATIONALhistory →COM1.07%$4M66.8K
36NVSNOVARTIS A G SPON ADRhistory →COM1.06%$4M37.2K
37GPIGROUP 1 AUTOMOTIVEhistory →COM1.05%$4M55.1K
38BAXBAXTER INTERNATIONALhistory →COM1.03%$3M42.9K
39ADIANALOG DEVICES INChistory →COM1.00%$3M32.3K
40CNKCINEMARK HOLDINGS INChistory →COM1.00%$3M84.6K
41ABBVABBVIE INChistory →COM1.00%$3M42.0K
42ARCCARES CAPITAL CORPCOM0.99%$3M195.4K
43CCLCARNIVAL CORPCOM0.95%$3M63.5K
44SPBSPECTRUM BRANDS HOLDINGS INCCOM0.94%$3M58.3K
45IBMINTL BUSINESS MACHINESCOM0.93%$3M22.3K
46SYFSYNCHRONY FINANCIALCOM0.89%$3M94.0K
47BNYBANK OF NY MELLON CP NEWCOM0.83%$3M55.5K
48PHMPULTEGROUP INCCOM0.80%$3M96.8K
49SUSUNCOR ENERGY INC NEW FCOM0.78%$3M81.8K
50EFAISHARES MSCI EAFE ETFCOM0.77%$3M39.9K
51ABTABBOTT LABORATORIESCOM0.73%$2M30.8K
52COHERENT INCCOM0.70%$2M16.7K
53GILDGILEAD SCIENCES INCCOM0.63%$2M32.8K
54CHSPCHESAPEAKE LODGING TRUSTCOM0.62%$2M75.1K
55ITTITT INCCOM0.62%$2M36.0K
56CSCOCISCO SYSTEMS INCCOM0.61%$2M38.3K
57VZVERIZON COMMUNICATIONSCOM0.61%$2M34.6K
58EXMOCEXXON MOBIL CORPCOM0.60%$2M25.1K
59SPYS P D R S&P 500COM0.60%$2M7.2K
60ITWILLINOIS TOOL WORKS INCCOM0.55%$2M13.0K
61BMYBRISTOL-MYERS SQUIBB COCOM0.49%$2M34.9K
62SXTSENSIENT TECHNOLOGIES CORPCOM0.48%$2M23.8K
63DLXDELUXE CORPORATIONCOM0.48%$2M36.9K
64MRKMERCK & CO INC NEWCOM0.47%$2M19.1K
65KNKNOWLES CORPCOM0.46%$2M87.4K
66LSTRLANDSTAR SYSTEM INCCOM0.44%$1M13.6K
67AMATAPPLIED MATERIALS INCCOM0.43%$1M36.6K
68CRANE COCOM0.42%$1M16.6K
69COPCONOCOPHILLIPSCOM0.41%$1M20.7K
70LCIILCI INDUSTRIESCOM0.40%$1M17.8K
71HDHOME-DEPOT INCCOM0.37%$1M6.5K
72TGNATEGNA INCCOM0.36%$1M86.2K
73PROASSURANCE CORPORATIONCOM0.35%$1M34.3K
74CMCCOMMERCIAL METALS COCOM0.34%$1M68.3K
75LMTLOCKHEED MARTIN CORPCOM0.34%$1M3.9K
76PGPROCTER & GAMBLECOM0.33%$1M10.7K
77ZBHZIMMER BIOMET HOLDINGS INCCOM0.32%$1M8.5K
78CIGNA CORPCOM0.32%$1M6.8K
79TERRITORIAL BANCORP INC COMCOM0.31%$1M38.4K
80LEALEAR CORPORATIONCOM0.29%$994,0007.3K
81TRVTRAVELERS COMPANIES INCCOM0.29%$966,0007.0K
82AON PLCCOM0.28%$956,0005.6K
83PATTERSON COS INCCOM0.27%$929,00042.5K
84SAFEGUARD SCIENT INC NEWCOM0.27%$900,00083.0K
85PIONEER NATURAL RES COCOM0.25%$849,0005.6K
86CMCSACOMCAST CORP CL ACOM0.25%$841,00021.0K
87LABORATORY CRP OF AMER HLDGSCOM0.25%$831,0005.4K
88MLRMILLER INDS INC TENN COM NEWCOM0.25%$830,00026.9K
89APOGAPOGEE ENTERPRISESCOM0.24%$796,00021.2K
90MKSIMKS INSTRUMENTS INCCOM0.21%$726,0007.8K
91ASIXADVANSIX INCCOM0.21%$703,00024.6K
92JCIJOHNSON CONTROLS INCCOM0.21%$703,00019.0K
93WILLIAM LYON HOMES-CL ACOM0.20%$691,00045.0K
94IWNISHARES RUSSELL 2000 VALUECOM0.20%$690,0005.8K
95TIPISHARES TR BARCLAYS TIPS BONDCOM0.20%$688,0006.1K
96BACBANK OF AMERICA CORPCOM0.20%$664,00024.1K
97NEW YORK COMMUNITY BANCORPCOM0.20%$662,00057.2K
98ORCLORACLE CORPORATIONCOM0.19%$656,00012.2K
99CAGCONAGRA FOODS INCCOM0.19%$645,00023.3K
100VYXNCR CORP NEWCOM0.19%$639,00023.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2024$422M202Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$389M204Jan 24, 202413F-HRchanges · EDGAR ↗
Q3 2023$363M201Nov 1, 202313F-HRchanges · EDGAR ↗
Q2 2023$372M201Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$358M196Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$350M196Jan 30, 202313F-HRchanges · EDGAR ↗
Q3 2022$336M194Oct 24, 202213F-HRchanges · EDGAR ↗
Q2 2022$371M195Jul 25, 202213F-HRchanges · EDGAR ↗
Q1 2022$429M197Apr 25, 202213F-HRchanges · EDGAR ↗
Q4 2021$442M205Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$404M187Nov 12, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$405M185Jul 23, 202113F-HRchanges · EDGAR ↗
Q1 2021$379M179Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$337M169Jan 28, 202113F-HRchanges · EDGAR ↗
Q3 2020$279M156Oct 27, 202013F-HRchanges · EDGAR ↗
Q2 2020$280M156Jul 24, 202013F-HRchanges · EDGAR ↗
Q1 2020$247M157Apr 27, 202013F-HRchanges · EDGAR ↗
Q4 2019$355M169Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$334M164Oct 28, 201913F-HRchanges · EDGAR ↗
Q2 2019$333M170Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$338M175Apr 29, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.