SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Cubic Asset Management, LLC

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

Reported Value
$371M
Q2 2022
Positions
195
Filings on Record
22
2019–present window
Filed
Jul 25, 2022
original filing

Summary

Cubic Asset Management, LLC reported $371M in U.S.-listed holdings across 195 positions for Q2 2022.

Its largest position, MSFT, represents 3.8% of the portfolio.

Compared with Q1 2022, the fund opened 9 new positions and exited 11.

Portfolio Metrics

Turnover
+3.3%
vs prior filed quarter
Top-10 Concentration
+25.2%
share of reported value
Largest Position
+3.8%
Microsoft
New / Exited
9 / 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
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: 91.6%Other: 3.2%ETP: 2.6%REIT: 1.4%ADR: 1.0%Other: 0.2%
  • Common Stock · 91.6% · $339M
  • Other · 3.2% · $12M
  • ETP · 2.6% · $10M
  • REIT · 1.4% · $5M
  • ADR · 1.0% · $4M
  • Other · 0.2% · $676,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DISTHE WALT DISNEY CONEW+47.7K47.7K+$5M$5M
CXTCRANE HOLDINGS CONEW+14.9K14.9K+$1M$1M
MANMANPOWERGROUP INCNEW+13.5K13.5K+$1M$1M
WBDWARNER BROS DISCOVERY INCNEW+68.8K68.8K+$924,000$924,000
MEDMEDIFAST INCNEW+3.8K3.8K+$690,000$690,000
THCTENET HEALTHCARE CORPNEW+5.4K5.4K+$284,000$284,000
CRICARTERS INCNEW+3.7K3.7K+$264,000$264,000
HUNHUNTSMAN CORPORATIONNEW+8.4K8.4K+$237,000$237,000

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

Holdings — Q2 2022

194 positions (from 195 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM3.78%$14M54.6K
2GOOGALPHABET INC-CL CCOM3.30%$12M5.6K
3PNCPNC FINANCIAL SERVICES GROUPhistory →COM2.65%$10M62.2K
4ALLALLSTATE CORPhistory →COM2.39%$9M70.0K
5PFEPFIZER INCORPORATEDhistory →COM2.31%$9M163.4K
6CVSCVS INChistory →COM2.21%$8M88.3K
7BRK/BBERKSHIRE HATHAWAY B NEW CLASShistory →COM2.20%$8M29.9K
8UNHUNITEDHEALTH GROUP INChistory →COM2.19%$8M15.8K
9LKQLKQ CORPhistory →COM2.10%$8M158.6K
10JNJJOHNSON & JOHNSONhistory →COM2.05%$8M42.8K
11ABBVABBVIE INChistory →COM2.00%$7M48.5K
12FDXFEDEX CORPORATIONhistory →COM1.96%$7M32.1K
13GSGOLDMAN SACHS GROUP INChistory →COM1.75%$6M21.9K
14AFLA F L A C INChistory →COM1.73%$6M115.5K
15AXPAMERICAN EXPRESS COhistory →COM1.70%$6M45.5K
16GPCGENUINE PARTS COhistory →COM1.65%$6M46.0K
17LOWLOWE'S COS INChistory →COM1.61%$6M34.1K
18CCITIGROUP INChistory →COM1.58%$6M127.6K
19OMCOMNICOM GROUP INChistory →COM1.43%$5M83.0K
20INTCINTEL CORPhistory →COM1.38%$5M136.7K
21METAMETA PLATFORMS INC-Ahistory →COM1.26%$5M29.1K
22KMBKIMBERLY-CLARK CORPhistory →COM1.22%$5M33.4K
23DISTHE WALT DISNEY COhistory →COM1.22%$5M47.7K
24BABOEING COhistory →COM1.15%$4M31.2K
25BMYBRISTOL-MYERS SQUIBB COhistory →COM1.10%$4M53.1K
26VZVERIZON COMMUNICATIONShistory →COM1.09%$4M79.4K
27ADIANALOG DEVICES INChistory →COM1.08%$4M27.4K
28ATLAS AIR WORLDWIDE HOLDINGSCOM1.05%$4M63.1K
29IBMINTL BUSINESS MACHINEShistory →COM1.04%$4M27.3K
30CSCOCISCO SYSTEMS INChistory →COM1.03%$4M89.7K
31CMCCOMMERCIAL METALS COhistory →COM1.03%$4M114.9K
32GPIGROUP 1 AUTOMOTIVECOM0.99%$4M21.6K
33RTXRAYTHEON TECHNOLOGIESCOM0.98%$4M37.9K
34CICIGNA CORPCOM0.98%$4M13.8K
35DALDELTA AIRLINES INCCOM0.98%$4M125.3K
36IPINTERNATIONAL PAPERCOM0.98%$4M86.7K
37CMCSACOMCAST CORP CL ACOM0.98%$4M92.1K
38ARCCARES CAPITAL CORPCOM0.92%$3M189.3K
39TE CONNECTIVITY LTD FCOM0.91%$3M29.9K
40MMM3M COMPANYCOM0.90%$3M25.8K
41DOWDOW INCCOM0.82%$3M58.5K
42MPTMEDICAL PROPERTIES TRUST INCCOM0.80%$3M194.2K
43SUSUNCOR ENERGY INC NEW FCOM0.80%$3M84.4K
44ABTABBOTT LABORATORIESCOM0.79%$3M26.9K
45TA T & T INC NEWCOM0.78%$3M137.7K
46NVSNOVARTIS A G SPON ADRCOM0.77%$3M33.9K
47MRKMERCK & CO INC NEWCOM0.74%$3M30.2K
48MDTMEDTRONIC PLCCOM0.74%$3M30.4K
49SPYS P D R S&P 500COM0.71%$3M7.0K
50VVISA INC-CLASS ACOM0.71%$3M13.3K
51USBU S BANCORP DEL NEWCOM0.71%$3M56.8K
52AMCOR PLCCOM0.69%$3M206.7K
53SPBSPECTRUM BRANDS HOLDINGS INCCOM0.68%$3M30.8K
54AMATAPPLIED MATERIALS INCCOM0.65%$2M26.6K
55BAXBAXTER INTERNATIONALCOM0.63%$2M36.5K
56SNASNAP ON INCCOM0.62%$2M11.6K
57BNYBANK OF NY MELLON CP NEWCOM0.62%$2M54.8K
58EFAISHARES MSCI EAFE ETFCOM0.53%$2M31.4K
59AMZNAMAZON.COM INCCOM0.50%$2M17.4K
60AAPLAPPLE INCCOM0.48%$2M13.1K
61ITTITT INCCOM0.47%$2M25.7K
62METMETLIFE INCCOM0.46%$2M27.2K
63AVTAVNET INCCOM0.46%$2M39.8K
64LCIILCI INDUSTRIESCOM0.46%$2M15.1K
65EXMOCEXXON MOBIL CORPCOM0.45%$2M19.3K
66COPCONOCOPHILLIPSCOM0.42%$2M17.5K
67II-VI INCCOM0.41%$2M30.1K
68LEGLEGGETT & PLATT INCCOM0.41%$2M44.0K
69SXTSENSIENT TECHNOLOGIES CORPCOM0.37%$1M17.1K
70IRMIRON MOUNTAIN INCCOM0.37%$1M28.0K
71SMPSTANDARD MOTOR PRODUCTS INCCOM0.37%$1M30.3K
72PGPROCTER & GAMBLECOM0.36%$1M9.2K
73CXTCRANE HOLDINGS COCOM0.35%$1M14.9K
74GILDGILEAD SCIENCES INCCOM0.35%$1M20.8K
75LSTRLANDSTAR SYSTEM INCCOM0.35%$1M8.8K
76CAGCONAGRA FOODS INCCOM0.33%$1M36.1K
77TRVTRAVELERS COMPANIES INCCOM0.30%$1M6.6K
78GISGENERAL MILLS INCCOM0.29%$1M14.2K
79CRMTAMERICAS CAR-MART INCCOM0.28%$1M10.4K
80PIONEER NATURAL RES COCOM0.28%$1M4.7K
81MANMANPOWERGROUP INCCOM0.28%$1M13.5K
82AON PLCCOM0.28%$1M3.8K
83UFPIUFP INDUSTRIES, INCCOM0.27%$995,00014.6K
84LABORATORY CRP OF AMER HLDGSCOM0.27%$985,0004.2K
85PARAMOUNT GLOBALCOM0.27%$984,00039.9K
86MHOM/I HOMES INCCOM0.25%$939,00023.7K
87WBDWARNER BROS DISCOVERY INCCOM0.25%$924,00068.8K
88PGRPROGRESSIVE CORPCOM0.25%$908,0007.8K
89VRTXVERTEX PHARMACEUTICALSCOM0.24%$902,0003.2K
90GNTXGENTEX CORPCOM0.24%$882,00031.6K
91AIZASSURANT INCCOM0.24%$882,0005.1K
92MFICAPOLLO INVESTMENT CORPCOM0.24%$875,00081.3K
93ZBHZIMMER BIOMET HOLDINGS INCCOM0.24%$871,0008.3K
94MSIMOTOROLA SOLUTIONS INCCOM0.23%$870,0004.2K
95BACBANK OF AMERICA CORPCOM0.23%$864,00027.7K
96NEW YORK COMMUNITY BANCORPCOM0.23%$852,00093.3K
97JPMJPMORGAN CHASE & COCOM0.22%$832,0007.4K
98ORCLORACLE CORPORATIONCOM0.22%$829,00011.9K
99TJXTJX COMPANIESCOM0.22%$827,00014.8K
100ASIXADVANSIX INCCOM0.22%$808,00024.2K

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 ↗

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 ↗.