SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Cubic Asset Management, LLC

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

Reported Value
$247M
Q1 2020
Positions
157
Filings on Record
23
2019–present window
Filed
Apr 27, 2020
original filing

Summary

Cubic Asset Management, LLC reported $247M in U.S.-listed holdings across 157 positions for Q1 2020.

Its largest position, MSFT, represents 4.7% of the portfolio.

Compared with Q4 2019, the fund opened 12 new positions and exited 24.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+26.3%
share of reported value
Largest Position
+4.7%
Microsoft
New / Exited
12 / 24
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: 91.1%ETP: 3.3%Other: 2.7%REIT: 1.5%ADR: 1.3%Closed-End Fund: 0.0%
  • Common Stock · 91.1% · $225M
  • ETP · 3.3% · $8M
  • Other · 2.7% · $7M
  • REIT · 1.5% · $4M
  • ADR · 1.3% · $3M
  • Closed-End Fund · 0.0% · $96,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMZNAMAZON.COM INCNEW+1.1K1.1K+$2M$2M
METMETLIFE INCNEW+28.6K28.6K+$874,000$874,000
LOWLOWE'S COS INCNEW+7.1K7.1K+$609,000$609,000
UEICUNIVERSAL ELECTRONICS INCNEW+10.0K10.0K+$384,000$384,000
AKAMAKAMAI TECHNOLOGIESNEW+3.8K3.8K+$350,000$350,000
SAFTSAFETY INSURANCE GROUP INCNEW+4.1K4.1K+$346,000$346,000
PRUPRUDENTIAL FINANCIAL INCNEW+6.4K6.4K+$334,000$334,000
TMHCTAYLOR MORRISON HOME CORPNEW+30.3K30.3K+$334,000$334,000

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

Holdings — Q1 2020

156 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM4.71%$12M73.8K
2GOOGALPHABET INC-CL CCOM2.80%$7M5.9K
3ALLALLSTATE CORPhistory →COM2.79%$7M75.3K
4INTCINTEL CORPhistory →COM2.65%$7M121.1K
5BRK/BBERKSHIRE HATHAWAY B NEW CLASShistory →COM2.35%$6M31.7K
6PNCPNC FINANCIAL SERVICES GROUPhistory →COM2.31%$6M59.8K
7JNJJOHNSON & JOHNSONhistory →COM2.24%$6M42.2K
8PFEPFIZER INCORPORATEDhistory →COM2.21%$5M167.8K
9CVSCVS INChistory →COM2.14%$5M89.2K
10UNHUNITEDHEALTH GROUP INChistory →COM2.10%$5M20.9K
11AXPAMERICAN EXPRESS COhistory →COM1.85%$5M53.6K
12AAPLAPPLE INChistory →COM1.85%$5M18.0K
13CCITIGROUP INChistory →COM1.84%$5M108.1K
14MDTMEDTRONIC PLChistory →COM1.82%$5M50.1K
15DISTHE WALT DISNEY COhistory →COM1.74%$4M44.7K
16KMBKIMBERLY-CLARK CORPhistory →COM1.74%$4M33.7K
17FDXFEDEX CORPORATIONhistory →COM1.70%$4M34.6K
18OMCOMNICOM GROUP INChistory →COM1.68%$4M75.7K
19DALDELTA AIRLINES INChistory →COM1.55%$4M134.1K
20AFLA F L A C INChistory →COM1.53%$4M110.6K
21MMM3M COMPANYhistory →COM1.49%$4M27.0K
22GSGOLDMAN SACHS GROUP INChistory →COM1.49%$4M23.8K
23ABBVABBVIE INChistory →COM1.48%$4M47.9K
24UTXZUNITED TECHNOLOGIES CORPhistory →COM1.45%$4M38.0K
25TA T & T INC NEWhistory →COM1.42%$4M120.5K
26MPTMEDICAL PROPERTIES TRUST INChistory →COM1.38%$3M197.8K
27LKQLKQ CORPhistory →COM1.37%$3M165.0K
28GPCGENUINE PARTS COhistory →COM1.33%$3M48.8K
29BAXBAXTER INTERNATIONALhistory →COM1.26%$3M38.4K
30VZVERIZON COMMUNICATIONShistory →COM1.24%$3M57.1K
31DISCOVERY, INC - ACOM1.18%$3M149.7K
32NVSNOVARTIS A G SPON ADRhistory →COM1.17%$3M35.2K
33TE CONNECTIVITY LTD FCOM1.16%$3M45.4K
34IPINTERNATIONAL PAPERhistory →COM1.15%$3M91.2K
35CSCOCISCO SYSTEMS INChistory →COM1.14%$3M71.7K
36BMYBRISTOL-MYERS SQUIBB COhistory →COM1.09%$3M48.3K
37ADIANALOG DEVICES INChistory →COM1.05%$3M28.9K
38IBMINTL BUSINESS MACHINESCOM0.96%$2M21.4K
39ABTABBOTT LABORATORIESCOM0.92%$2M28.7K
40CMPCOMPASS MINERALS INTERNATIONALCOM0.88%$2M56.8K
41AMZNAMAZON.COM INCCOM0.87%$2M1.1K
42EFAISHARES MSCI EAFE ETFCOM0.87%$2M40.4K
43ARCCARES CAPITAL CORPCOM0.86%$2M196.3K
44SPYS P D R S&P 500COM0.81%$2M7.8K
45CICIGNA CORPCOM0.81%$2M11.3K
46MRKMERCK & CO INC NEWCOM0.78%$2M25.2K
47ATLAS AIR WORLDWIDE HOLDINGSCOM0.78%$2M75.3K
48GILDGILEAD SCIENCES INCCOM0.78%$2M25.8K
49SUSUNCOR ENERGY INC NEW FCOM0.77%$2M120.9K
50SPBSPECTRUM BRANDS HOLDINGS INCCOM0.74%$2M50.1K
51DOWDOW INCCOM0.70%$2M58.9K
52BNYBANK OF NY MELLON CP NEWCOM0.69%$2M50.7K
53ITWILLINOIS TOOL WORKS INCCOM0.64%$2M11.1K
54AMATAPPLIED MATERIALS INCCOM0.62%$2M33.6K
55ITTITT INCCOM0.56%$1M30.5K
56SYFSYNCHRONY FINANCIALCOM0.56%$1M85.5K
57HDHOME-DEPOT INCCOM0.47%$1M6.2K
58CAGCONAGRA FOODS INCCOM0.46%$1M39.1K
59AGXARGAN INCCOM0.46%$1M32.9K
60II-VI INCCOM0.45%$1M39.4K
61PGPROCTER & GAMBLECOM0.43%$1M9.7K
62GPIGROUP 1 AUTOMOTIVECOM0.42%$1M23.3K
63LCIILCI INDUSTRIESCOM0.41%$1M15.3K
64LSTRLANDSTAR SYSTEM INCCOM0.39%$959,00010.0K
65CMCCOMMERCIAL METALS COCOM0.38%$950,00060.1K
66EXMOCEXXON MOBIL CORPCOM0.38%$936,00024.7K
67FHNFIRST HORIZON NATIONAL CORPCOM0.37%$916,000113.6K
68TERRITORIAL BANCORP INC COMCOM0.36%$890,00036.2K
69DLXDELUXE CORPORATIONCOM0.36%$885,00034.1K
70METMETLIFE INCCOM0.35%$874,00028.6K
71SXTSENSIENT TECHNOLOGIES CORPCOM0.34%$849,00019.5K
72ZBHZIMMER BIOMET HOLDINGS INCCOM0.34%$842,0008.3K
73AON PLCCOM0.33%$820,0005.0K
74BFHALLIANCE DATA SYSTEMS CORPCOM0.32%$801,00023.8K
75CRANE COCOM0.32%$788,00016.0K
76VRTXVERTEX PHARMACEUTICALSCOM0.31%$761,0003.2K
77MLRMILLER INDS INC TENN COM NEWCOM0.29%$728,00025.8K
78NOMDNOMAD FOODS LTDCOM0.29%$728,00039.2K
79TRVTRAVELERS COMPANIES INCCOM0.28%$696,0007.0K
80TIPISHARES TR BARCLAYS TIPS BONDCOM0.27%$678,0005.8K
81PNRPENTAIR PLCCOM0.27%$677,00022.7K
82LABORATORY CRP OF AMER HLDGSCOM0.27%$677,0005.4K
83FOEFERRO CORPCOM0.27%$661,00070.7K
84CMCSACOMCAST CORP CL ACOM0.26%$647,00018.8K
85COPCONOCOPHILLIPSCOM0.25%$610,00019.8K
86LOWLOWE'S COS INCCOM0.25%$609,0007.1K
87PURE TECH HEALTH PLCCOM0.24%$598,000200.0K
88MKSIMKS INSTRUMENTS INCCOM0.24%$591,0007.3K
89ORCLORACLE CORPORATIONCOM0.24%$590,00012.2K
90MSIMOTOROLA SOLUTIONS INCCOM0.24%$589,0004.4K
91PGRPROGRESSIVE CORPCOM0.23%$577,0007.8K
92MFICAPOLLO INVESTMENT CORPCOM0.23%$558,00082.7K
93BACBANK OF AMERICA CORPCOM0.22%$554,00026.1K
94EDCONSOLIDATED EDISON INCCOM0.22%$554,0007.1K
95IVWISHARES S&P 500 GROWTH INDEXCOM0.22%$553,0003.4K
96HELEHELEN OF TROY LTDCOM0.22%$544,0003.8K
97AIZASSURANT INCCOM0.21%$531,0005.1K
98KNKNOWLES CORPCOM0.21%$529,00039.5K
99NEW YORK COMMUNITY BANCORPCOM0.21%$520,00055.4K
100KOCOCA COLA COMPANYCOM0.20%$494,00011.2K

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 ↗.