SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Cubic Asset Management, LLC

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

Reported Value
$336M
Q3 2022
Positions
194
Filings on Record
23
2019–present window
Filed
Oct 24, 2022
original filing

Summary

Cubic Asset Management, LLC reported $336M in U.S.-listed holdings across 194 positions for Q3 2022.

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

Compared with Q2 2022, the fund opened 5 new positions and exited 6.

Portfolio Metrics

Turnover
+1.8%
vs prior filed quarter
Top-10 Concentration
+25.9%
share of reported value
Largest Position
+3.8%
Microsoft
New / Exited
5 / 6
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: 92.4%Other: 2.8%ETP: 2.4%REIT: 1.3%ADR: 1.0%Other: 0.2%
  • Common Stock · 92.4% · $310M
  • Other · 2.8% · $9M
  • ETP · 2.4% · $8M
  • REIT · 1.3% · $4M
  • ADR · 1.0% · $3M
  • Other · 0.2% · $664,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COHRCOHERENT INCNEW+35.9K35.9K+$1M$1M
RANGER OIL CORPNEW+16.3K16.3K+$511,000$511,000
AKAMAKAMAI TECHNOLOGIESNEW+4.5K4.5K+$357,000$357,000
KMIKINDER MORGAN INCNEW+11.0K11.0K+$183,000$183,000
ATROASTRONICS CORPNEW+15.1K15.1K+$119,000$119,000
ALPHABET INC-CL AADDED+4.4K4.7K−$62,000$448,000
GOOGALPHABET INC-CL CADDED+101.8K107.2K−$1M$10M
II-VI INCSOLD OUT−30.1K0−$2M$0

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

Holdings — Q3 2022

193 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM3.79%$13M54.6K
2GOOGALPHABET INC-CL CCOM3.20%$11M111.8K
3PNCPNC FINANCIAL SERVICES GROUPhistory →COM2.76%$9M62.2K
4ALLALLSTATE CORPhistory →COM2.56%$9M69.0K
5CVSCVS INChistory →COM2.49%$8M87.8K
6BRK/BBERKSHIRE HATHAWAY B NEW CLASShistory →COM2.38%$8M30.0K
7UNHUNITEDHEALTH GROUP INChistory →COM2.32%$8M15.5K
8LKQLKQ CORPhistory →COM2.23%$7M159.0K
9PFEPFIZER INCORPORATEDhistory →COM2.12%$7M163.0K
10JNJJOHNSON & JOHNSONhistory →COM2.09%$7M43.0K
11GPCGENUINE PARTS COhistory →COM2.03%$7M45.8K
12ABBVABBVIE INChistory →COM1.93%$6M48.3K
13AFLA F L A C INChistory →COM1.92%$6M115.0K
14GSGOLDMAN SACHS GROUP INChistory →COM1.91%$6M21.9K
15LOWLOWE'S COS INChistory →COM1.90%$6M34.0K
16AXPAMERICAN EXPRESS COhistory →COM1.81%$6M45.2K
17OMCOMNICOM GROUP INChistory →COM1.60%$5M85.0K
18CCITIGROUP INChistory →COM1.59%$5M127.9K
19FDXFEDEX CORPORATIONhistory →COM1.41%$5M31.8K
20DISTHE WALT DISNEY COhistory →COM1.37%$5M48.8K
21BABOEING COhistory →COM1.21%$4M33.4K
22CMCCOMMERCIAL METALS COhistory →COM1.20%$4M114.1K
23METAMETA PLATFORMS INC-Ahistory →COM1.18%$4M29.3K
24ADIANALOG DEVICES INChistory →COM1.14%$4M27.4K
25CICIGNA CORPhistory →COM1.14%$4M13.8K
26BMYBRISTOL-MYERS SQUIBB COhistory →COM1.12%$4M52.9K
27KMBKIMBERLY-CLARK CORPhistory →COM1.12%$4M33.3K
28DALDELTA AIRLINES INChistory →COM1.10%$4M131.8K
29CSCOCISCO SYSTEMS INChistory →COM1.07%$4M89.6K
30INTCINTEL CORPhistory →COM1.03%$3M134.6K
31TE CONNECTIVITY LTD FCOM0.98%$3M30.0K
32IBMINTL BUSINESS MACHINESCOM0.97%$3M27.4K
33ARCCARES CAPITAL CORPCOM0.95%$3M188.9K
34RTXRAYTHEON TECHNOLOGIESCOM0.92%$3M38.0K
35GPIGROUP 1 AUTOMOTIVECOM0.91%$3M21.5K
36VZVERIZON COMMUNICATIONSCOM0.90%$3M80.0K
37MMM3M COMPANYCOM0.85%$3M26.0K
38IPINTERNATIONAL PAPERCOM0.82%$3M86.7K
39MRKMERCK & CO INC NEWCOM0.78%$3M30.5K
40AMATAPPLIED MATERIALS INCCOM0.78%$3M32.0K
41ABTABBOTT LABORATORIESCOM0.78%$3M26.9K
42DOWDOW INCCOM0.77%$3M58.5K
43NVSNOVARTIS A G SPON ADRCOM0.76%$3M33.8K
44CMCSACOMCAST CORP CL ACOM0.75%$3M85.9K
45SPYS P D R S&P 500COM0.74%$2M7.0K
46MDTMEDTRONIC PLCCOM0.73%$2M30.4K
47SUSUNCOR ENERGY INC NEW FCOM0.71%$2M85.3K
48USBU S BANCORP DEL NEWCOM0.70%$2M58.2K
49SNASNAP ON INCCOM0.70%$2M11.6K
50MPTMEDICAL PROPERTIES TRUST INCCOM0.69%$2M195.0K
51VVISA INC-CLASS ACOM0.67%$2M12.6K
52AMCOR PLCCOM0.67%$2M208.5K
53TA T & T INC NEWCOM0.63%$2M138.2K
54BNYBANK OF NY MELLON CP NEWCOM0.63%$2M54.6K
55BAXBAXTER INTERNATIONALCOM0.58%$2M36.4K
56AMZNAMAZON.COM INCCOM0.58%$2M17.2K
57AAPLAPPLE INCCOM0.54%$2M13.1K
58COPCONOCOPHILLIPSCOM0.53%$2M17.5K
59ITTITT INCCOM0.50%$2M25.7K
60EXMOCEXXON MOBIL CORPCOM0.50%$2M19.1K
61METMETLIFE INCCOM0.49%$2M27.2K
62LCIILCI INDUSTRIESCOM0.45%$2M15.1K
63EFAISHARES MSCI EAFE ETFCOM0.44%$1M26.5K
64LEGLEGGETT & PLATT INCCOM0.44%$1M44.5K
65AVTAVNET INCCOM0.43%$1M39.8K
66CXTCRANE HOLDINGS COCOM0.39%$1M14.9K
67GILDGILEAD SCIENCES INCCOM0.38%$1M20.8K
68LSTRLANDSTAR SYSTEM INCCOM0.38%$1M8.8K
69COHRCOHERENT INCCOM0.37%$1M35.9K
70IRMIRON MOUNTAIN INCCOM0.36%$1M27.7K
71SXTSENSIENT TECHNOLOGIES CORPCOM0.35%$1M17.1K
72CAGCONAGRA FOODS INCCOM0.35%$1M35.9K
73SPBSPECTRUM BRANDS HOLDINGS INCCOM0.35%$1M29.9K
74PGPROCTER & GAMBLECOM0.35%$1M9.2K
75GISGENERAL MILLS INCCOM0.32%$1M14.2K
76UFPIUFP INDUSTRIES, INCCOM0.31%$1M14.6K
77AON PLCCOM0.31%$1M3.8K
78PIONEER NATURAL RES COCOM0.30%$1M4.7K
79SMPSTANDARD MOTOR PRODUCTS INCCOM0.29%$984,00030.3K
80TRVTRAVELERS COMPANIES INCCOM0.29%$980,0006.4K
81CAHCARDINAL HEALTHCOM0.28%$933,00014.0K
82MSIMOTOROLA SOLUTIONS INCCOM0.28%$930,0004.2K
83TJXTJX COMPANIESCOM0.28%$929,00015.0K
84VRTXVERTEX PHARMACEUTICALSCOM0.28%$927,0003.2K
85PGRPROGRESSIVE CORPCOM0.27%$907,0007.8K
86NEW YORK COMMUNITY BANCORPCOM0.27%$893,000104.7K
87BACBANK OF AMERICA CORPCOM0.26%$870,00028.8K
88ZBHZIMMER BIOMET HOLDINGS INCCOM0.26%$867,0008.3K
89MANMANPOWERGROUP INCCOM0.26%$863,00013.3K
90LABORATORY CRP OF AMER HLDGSCOM0.26%$861,0004.2K
91MHOM/I HOMES INCCOM0.26%$857,00023.7K
92MFICMIDCAP FINANCIAL INVESTMENT COCOM0.24%$813,00079.6K
93SLBSCHLUMBERGER LTDCOM0.24%$792,00022.1K
94ASIXADVANSIX INCCOM0.23%$775,00024.2K
95JPMJPMORGAN CHASE & COCOM0.23%$759,0007.3K
96PARAMOUNT GLOBALCOM0.22%$754,00039.6K
97GNTXGENTEX CORPCOM0.22%$745,00031.3K
98DHIDR HORTON INCCOM0.22%$741,00011.0K
99AIZASSURANT INCCOM0.22%$741,0005.1K
100ORCLORACLE CORPORATIONCOM0.22%$725,00011.9K

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 ↗
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 ↗.