SEC 13F Intelligence

Managers / Q2 2019 · view latest →

Cubic Asset Management, LLC

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

Reported Value
$333M
Q2 2019
Positions
170
Filings on Record
23
2019–present window
Filed
Jul 29, 2019
original filing

Summary

Cubic Asset Management, LLC reported $333M in U.S.-listed holdings across 170 positions for Q2 2019.

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

Compared with Q1 2019, the fund opened 6 new positions and exited 11.

Portfolio Metrics

Turnover
+5.0%
vs prior filed quarter
Top-10 Concentration
+23.2%
share of reported value
Largest Position
+3.3%
Microsoft
New / Exited
6 / 11
positions this quarter

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
Q4 ’18: $306MQ4 ’18Q1 ’19: $338MQ2 ’19: $333MQ3 ’19: $334MQ3 ’19Q4 ’19: $355MQ1 ’20: $247MQ2 ’20: $280MQ2 ’20Q3 ’20: $279MQ4 ’20: $337MQ1 ’21: $379MQ1 ’21Q2 ’21: $405MQ3 ’21: $404MQ4 ’21: $442MQ4 ’21Q1 ’22: $429MQ2 ’22: $371MQ3 ’22: $336MQ3 ’22Q4 ’22: $350MQ1 ’23: $358MQ2 ’23: $372MQ2 ’23Q3 ’23: $363MQ4 ’23: $389MQ1 ’24: $422MQ1 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 91.2%Other: 3.2%ETP: 2.7%REIT: 1.8%ADR: 1.1%
  • Common Stock · 91.2% · $304M
  • Other · 3.2% · $11M
  • ETP · 2.7% · $9M
  • REIT · 1.8% · $6M
  • ADR · 1.1% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PBFPBF ENERGY INCNEW+31.4K31.4K+$983,000$983,000
PLANTRONICS INC NEW COMNEW+23.9K23.9K+$887,000$887,000
CPRICAPRI HOLDINGS LTDNEW+13.4K13.4K+$465,000$465,000
NOMDNOMAD FOODS LTDNEW+21.5K21.5K+$460,000$460,000
ALCALCON INCNEW+7.3K7.3K+$453,000$453,000
TAUSDTRAVELCENTERS OF AMERICA LLCNEW+30.1K30.1K+$109,000$109,000
FOEFERRO CORPADDED+52.3K71.4K+$767,000$1M
PNRPENTAIR PLCADDED+12.8K22.8K+$403,000$848,000

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

Holdings — Q2 2019

169 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM3.28%$11M81.6K
2PNCPNC FINANCIAL SERVICES GROUPhistory →COM2.46%$8M59.7K
3DALDELTA AIRLINES INChistory →COM2.43%$8M142.4K
4ALLALLSTATE CORPhistory →COM2.41%$8M79.1K
5CCITIGROUP INChistory →COM2.30%$8M109.4K
6AXPAMERICAN EXPRESS COhistory →COM2.14%$7M57.8K
7PFEPFIZER INCORPORATEDhistory →COM2.10%$7M161.4K
8BRK/BBERKSHIRE HATHAWAY B NEW CLASShistory →COM2.06%$7M32.2K
9DISTHE WALT DISNEY COhistory →COM2.05%$7M48.8K
10AFLA F L A C INChistory →COM1.98%$7M120.3K
11GOOGALPHABET INC-CL CCOM1.93%$6M5.9K
12OMCOMNICOM GROUP INChistory →COM1.92%$6M78.1K
13JNJJOHNSON & JOHNSONhistory →COM1.84%$6M43.9K
14WHRWHIRLPOOL CORPhistory →COM1.82%$6M42.7K
15INTCINTEL CORPhistory →COM1.80%$6M125.3K
16AAPLAPPLE INChistory →COM1.76%$6M29.6K
17FDXFEDEX CORPORATIONhistory →COM1.73%$6M35.2K
18BCBRUNSWICK CORPhistory →COM1.63%$5M118.1K
19UNHUNITEDHEALTH GROUP INChistory →COM1.60%$5M21.9K
20GPCGENUINE PARTS COhistory →COM1.60%$5M51.4K
21MDTMEDTRONIC PLChistory →COM1.55%$5M53.1K
22GSGOLDMAN SACHS GROUP INChistory →COM1.54%$5M25.1K
23UTXZUNITED TECHNOLOGIES CORPhistory →COM1.54%$5M39.4K
24MMM3M COMPANYhistory →COM1.48%$5M28.4K
25DISCOVERY, INC - ACOM1.47%$5M159.2K
26CVSCVS INChistory →COM1.43%$5M87.4K
27KMBKIMBERLY-CLARK CORPhistory →COM1.40%$5M35.0K
28TE CONNECTIVITY LTD FCOM1.40%$5M48.6K
29LKQLKQ CORPhistory →COM1.33%$4M166.9K
30IPINTERNATIONAL PAPERhistory →COM1.22%$4M94.2K
31TA T & T INC NEWhistory →COM1.21%$4M120.0K
32GPIGROUP 1 AUTOMOTIVEhistory →COM1.19%$4M48.6K
33CMPCOMPASS MINERALS INTERNATIONALhistory →COM1.11%$4M67.5K
34ATLAS AIR WORLDWIDE HOLDINGSCOM1.10%$4M81.8K
35MPTMEDICAL PROPERTIES TRUST INChistory →COM1.07%$4M204.6K
36ADIANALOG DEVICES INChistory →COM1.05%$3M30.9K
37ARCCARES CAPITAL CORPhistory →COM1.03%$3M191.6K
38BAXBAXTER INTERNATIONALhistory →COM1.02%$3M41.3K
39NVSNOVARTIS A G SPON ADRhistory →COM1.01%$3M37.0K
40SYFSYNCHRONY FINANCIALCOM0.93%$3M89.9K
41ABBVABBVIE INCCOM0.92%$3M42.3K
42CCLCARNIVAL CORPCOM0.89%$3M63.8K
43IBMINTL BUSINESS MACHINESCOM0.89%$3M21.4K
44SPBSPECTRUM BRANDS HOLDINGS INCCOM0.88%$3M54.8K
45CNKCINEMARK HOLDINGS INCCOM0.88%$3M81.6K
46EFAISHARES MSCI EAFE ETFCOM0.79%$3M39.9K
47SUSUNCOR ENERGY INC NEW FCOM0.78%$3M83.6K
48ABTABBOTT LABORATORIESCOM0.75%$3M29.7K
49BNYBANK OF NY MELLON CP NEWCOM0.72%$2M54.2K
50COHERENT INCCOM0.65%$2M15.8K
51GILDGILEAD SCIENCES INCCOM0.64%$2M31.7K
52ITTITT INCCOM0.63%$2M32.3K
53SPYS P D R S&P 500COM0.63%$2M7.2K
54CSCOCISCO SYSTEMS INCCOM0.62%$2M37.9K
55VZVERIZON COMMUNICATIONSCOM0.60%$2M35.1K
56ITWILLINOIS TOOL WORKS INCCOM0.57%$2M12.5K
57EXMOCEXXON MOBIL CORPCOM0.55%$2M24.0K
58CHSPCHESAPEAKE LODGING TRUSTCOM0.54%$2M63.2K
59BMYBRISTOL-MYERS SQUIBB COCOM0.50%$2M36.9K
60DLXDELUXE CORPORATIONCOM0.50%$2M41.1K
61SXTSENSIENT TECHNOLOGIES CORPCOM0.48%$2M21.5K
62AMATAPPLIED MATERIALS INCCOM0.46%$2M34.1K
63MRKMERCK & CO INC NEWCOM0.46%$2M18.2K
64KNKNOWLES CORPCOM0.44%$1M80.3K
65LCIILCI INDUSTRIESCOM0.42%$1M15.7K
66CRANE COCOM0.40%$1M16.1K
67HDHOME-DEPOT INCCOM0.39%$1M6.3K
68TGNATEGNA INCCOM0.38%$1M84.3K
69LMTLOCKHEED MARTIN CORPCOM0.38%$1M3.5K
70COPCONOCOPHILLIPSCOM0.38%$1M20.5K
71CMCCOMMERCIAL METALS COCOM0.36%$1M68.1K
72TERRITORIAL BANCORP INC COMCOM0.34%$1M37.1K
73LSTRLANDSTAR SYSTEM INCCOM0.34%$1M10.5K
74FOEFERRO CORPCOM0.34%$1M71.4K
75PGPROCTER & GAMBLECOM0.34%$1M10.2K
76CIGNA CORPCOM0.32%$1M6.8K
77TRVTRAVELERS COMPANIES INCCOM0.32%$1M7.0K
78AON PLCCOM0.31%$1M5.4K
79ZBHZIMMER BIOMET HOLDINGS INCCOM0.30%$998,0008.5K
80PBFPBF ENERGY INCCOM0.29%$983,00031.4K
81SAFEGUARD SCIENT INC NEWCOM0.29%$983,00081.5K
82PATTERSON COS INCCOM0.29%$981,00042.8K
83LABORATORY CRP OF AMER HLDGSCOM0.28%$939,0005.4K
84ASIXADVANSIX INCCOM0.27%$900,00036.9K
85PLANTRONICS INC NEW COMCOM0.27%$887,00023.9K
86PNRPENTAIR PLCCOM0.25%$848,00022.8K
87PIONEER NATURAL RES COCOM0.25%$819,0005.3K
88CMCSACOMCAST CORP CL ACOM0.24%$816,00019.3K
89MLRMILLER INDS INC TENN COM NEWCOM0.24%$801,00026.1K
90WILLIAM LYON HOMES-CL ACOM0.23%$779,00042.7K
91BACBANK OF AMERICA CORPCOM0.23%$763,00026.3K
92MSIMOTOROLA SOLUTIONS INCCOM0.22%$738,0004.4K
93TIPISHARES TR BARCLAYS TIPS BONDCOM0.21%$708,0006.1K
94VYXNCR CORP NEWCOM0.21%$707,00022.7K
95ORCLORACLE CORPORATIONCOM0.21%$696,00012.2K
96JCIJOHNSON CONTROLS INCCOM0.21%$687,00016.6K
97APOGAPOGEE ENTERPRISESCOM0.20%$675,00015.6K
98PURE TECH HEALTH PLCCOM0.20%$667,000230.0K
99II-VI INCCOM0.19%$646,00017.7K
100AALAMERICAN AIRLINES GROUPCOM0.19%$630,00019.3K

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 ↗
Q4 2018$306M162Jan 28, 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 ↗.