SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Cubic Asset Management, LLC

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

Reported Value
$405M
Q2 2021
Positions
185
Filings on Record
22
2019–present window
Filed
Jul 23, 2021
original filing

Summary

Cubic Asset Management, LLC reported $405M in U.S.-listed holdings across 185 positions for Q2 2021.

Its largest position, MSFT, represents 4.4% of the portfolio.

Compared with Q1 2021, the fund opened 10 new positions and exited 4.

Portfolio Metrics

Turnover
+2.4%
vs prior filed quarter
Top-10 Concentration
+26.1%
share of reported value
Largest Position
+4.4%
Microsoft
New / Exited
10 / 4
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
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: 92.1%ETP: 2.8%Other: 2.6%REIT: 1.5%ADR: 0.9%Closed-End Fund: 0.0%
  • Common Stock · 92.1% · $373M
  • ETP · 2.8% · $11M
  • Other · 2.6% · $11M
  • REIT · 1.5% · $6M
  • ADR · 0.9% · $4M
  • Closed-End Fund · 0.0% · $167,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VIACOMCBS INCNEW+29.6K29.6K+$1M$1M
SMPSTANDARD MOTOR PRODUCTS INCNEW+30.5K30.5K+$1M$1M
MATXMATSON, INCNEW+17.5K17.5K+$1M$1M
DISCOVERY, INC - ANEW+34.8K34.8K+$1M$1M
BPBP PLC (ADR)NEW+13.5K13.5K+$355,000$355,000
BABOEING CONEW+1.2K1.2K+$285,000$285,000
PAYXPAYCHEX INCNEW+2.0K2.0K+$215,000$215,000
NDAQNASDAQ INCNEW+1.2K1.2K+$207,000$207,000

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

Holdings — Q2 2021

184 positions (from 185 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM4.35%$18M65.1K
2GOOGALPHABET INC-CL CCOM3.62%$15M5.9K
3PNCPNC FINANCIAL SERVICES GROUPhistory →COM2.93%$12M62.3K
4FDXFEDEX CORPORATIONhistory →COM2.42%$10M32.9K
5ALLALLSTATE CORPhistory →COM2.33%$9M72.2K
6BRK/BBERKSHIRE HATHAWAY B NEW CLASShistory →COM2.12%$9M31.0K
7CCITIGROUP INChistory →COM2.10%$9M120.4K
8GSGOLDMAN SACHS GROUP INChistory →COM2.10%$9M22.4K
9AXPAMERICAN EXPRESS COhistory →COM2.08%$8M50.9K
10LKQLKQ CORPhistory →COM2.01%$8M165.8K
11UNHUNITEDHEALTH GROUP INChistory →COM1.90%$8M19.2K
12CVSCVS INChistory →COM1.87%$8M90.8K
13INTCINTEL CORPhistory →COM1.83%$7M132.3K
14JNJJOHNSON & JOHNSONhistory →COM1.77%$7M43.5K
15LOWLOWE'S COS INChistory →COM1.69%$7M35.3K
16OMCOMNICOM GROUP INChistory →COM1.64%$7M83.0K
17PFEPFIZER INCORPORATEDhistory →COM1.60%$6M165.8K
18AFLA F L A C INChistory →COM1.54%$6M116.6K
19GPCGENUINE PARTS COhistory →COM1.48%$6M47.4K
20MDTMEDTRONIC PLChistory →COM1.43%$6M46.8K
21ABBVABBVIE INChistory →COM1.37%$6M49.2K
22CMCSACOMCAST CORP CL Ahistory →COM1.33%$5M94.3K
23IPINTERNATIONAL PAPERhistory →COM1.31%$5M86.8K
24DALDELTA AIRLINES INChistory →COM1.28%$5M120.3K
25LMTLOCKHEED MARTIN CORPhistory →COM1.28%$5M13.7K
26MMM3M COMPANYhistory →COM1.26%$5M25.7K
27CSCOCISCO SYSTEMS INChistory →COM1.19%$5M90.7K
28ADIANALOG DEVICES INChistory →COM1.17%$5M27.4K
29ATLAS AIR WORLDWIDE HOLDINGSCOM1.12%$5M66.7K
30KMBKIMBERLY-CLARK CORPhistory →COM1.10%$4M33.5K
31TE CONNECTIVITY LTD FCOM1.05%$4M31.4K
32TA T & T INC NEWhistory →COM1.04%$4M147.0K
33VZVERIZON COMMUNICATIONShistory →COM1.04%$4M75.3K
34AMATAPPLIED MATERIALS INChistory →COM1.04%$4M29.5K
35IBMINTL BUSINESS MACHINESCOM0.97%$4M26.9K
36SPBSPECTRUM BRANDS HOLDINGS INCCOM0.97%$4M46.3K
37MPTMEDICAL PROPERTIES TRUST INCCOM0.95%$4M190.9K
38ARCCARES CAPITAL CORPCOM0.95%$4M195.6K
39BMYBRISTOL-MYERS SQUIBB COCOM0.91%$4M55.0K
40DOWDOW INCCOM0.88%$4M56.6K
41GPIGROUP 1 AUTOMOTIVECOM0.86%$4M22.7K
42CICIGNA CORPCOM0.82%$3M14.0K
43RTXRAYTHEON TECHNOLOGIESCOM0.80%$3M37.8K
44ABTABBOTT LABORATORIESCOM0.79%$3M27.6K
45NVSNOVARTIS A G SPON ADRCOM0.77%$3M34.1K
46VVISA INC-CLASS ACOM0.75%$3M13.0K
47CMPCOMPASS MINERALS INTERNATIONALCOM0.75%$3M51.0K
48SPYS P D R S&P 500COM0.73%$3M6.9K
49BAXBAXTER INTERNATIONALCOM0.73%$3M36.8K
50BNYBANK OF NY MELLON CP NEWCOM0.70%$3M55.0K
51SNASNAP ON INCCOM0.65%$3M11.8K
52ITTITT INCCOM0.61%$2M27.1K
53EFAISHARES MSCI EAFE ETFCOM0.61%$2M31.4K
54AMCOR PLCCOM0.58%$2M205.0K
55MRKMERCK & CO INC NEWCOM0.57%$2M29.8K
56SUSUNCOR ENERGY INC NEW FCOM0.56%$2M94.3K
57FHNFIRST HORIZON CORPORATIONCOM0.54%$2M127.4K
58CMCCOMMERCIAL METALS COCOM0.52%$2M68.5K
59LCIILCI INDUSTRIESCOM0.49%$2M15.1K
60AAPLAPPLE INCCOM0.44%$2M13.1K
61BFHALLIANCE DATA SYSTEMS CORPCOM0.44%$2M17.3K
62AMZNAMAZON.COM INCCOM0.43%$2M503
63PNRPENTAIR PLCCOM0.43%$2M25.6K
64METMETLIFE INCCOM0.43%$2M28.8K
65SXTSENSIENT TECHNOLOGIES CORPCOM0.40%$2M18.5K
66GILDGILEAD SCIENCES INCCOM0.37%$2M21.8K
67LSTRLANDSTAR SYSTEM INCCOM0.36%$1M9.3K
68CRANE COCOM0.35%$1M15.2K
69MHOM/I HOMES INCCOM0.34%$1M23.7K
70CAGCONAGRA FOODS INCCOM0.34%$1M37.5K
71VIACOMCBS INCCOM0.33%$1M29.6K
72ZBHZIMMER BIOMET HOLDINGS INCCOM0.33%$1M8.3K
73SMPSTANDARD MOTOR PRODUCTS INCCOM0.33%$1M30.5K
74EXMOCEXXON MOBIL CORPCOM0.32%$1M20.7K
75PGPROCTER & GAMBLECOM0.31%$1M9.4K
76MKSIMKS INSTRUMENTS INCCOM0.31%$1M7.1K
77DLXDELUXE CORPORATIONCOM0.31%$1M26.2K
78LABORATORY CRP OF AMER HLDGSCOM0.29%$1M4.3K
79IRMIRON MOUNTAIN INCCOM0.29%$1M28.0K
80MFICAPOLLO INVESTMENT CORPCOM0.28%$1M82.3K
81MATXMATSON, INCCOM0.28%$1M17.5K
82UFPIUFP INDUSTRIES, INCCOM0.27%$1M14.7K
83COPCONOCOPHILLIPSCOM0.27%$1M17.9K
84BACBANK OF AMERICA CORPCOM0.27%$1M26.3K
85KGCKINROSS GOLD CORP NEWCOM0.27%$1M170.1K
86NOMDNOMAD FOODS LTDCOM0.26%$1M37.7K
87DISCOVERY, INC - ACOM0.26%$1M34.8K
88AMGAFFILIATED MANAGERS GROUPCOM0.26%$1M6.9K
89GNTXGENTEX CORPCOM0.26%$1M31.7K
90JCIJOHNSON CONTROLS INCCOM0.25%$1M14.8K
91AGXARGAN INCCOM0.25%$1M21.2K
92VYXNCR CORP NEWCOM0.25%$1M22.2K
93DHIDR HORTON INCCOM0.25%$994,00011.0K
94MLRMILLER INDS INC TENN COM NEWCOM0.24%$990,00025.1K
95TRVTRAVELERS COMPANIES INCCOM0.24%$987,0006.6K
96TERRITORIAL BANCORP INC COMCOM0.24%$980,00037.7K
97AON PLCCOM0.24%$960,0004.0K
98MSIMOTOROLA SOLUTIONS INCCOM0.24%$960,0004.4K
99JPMJPMORGAN CHASE & COCOM0.23%$941,0006.0K
100ORCLORACLE CORPORATIONCOM0.23%$924,00011.9K

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 ↗.