Cubic Asset Management, LLC
Filing Date
Global Rank
#2,567
/ 7,296
▼ 13
Top Industry
Drug Manufacturers - General
7.5%
3Y Alpha vs SPY
-2.2%
Period ended 2 years ago
Filed Apr 24, 2024 · 2y
17 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+66.9%
SPY
+76.3%
Annualised alpha
-2.2%
Max drawdown
−18.0%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
174 positions · as of Mar 31, 2024 · Δ vs Dec 31, 2023Top Position
6.6%
+0.2 pts
Top 5
19.8%
+1.5 pts
Top 10
29.8%
+1.9 pts
HHI
173
Diversified+11
Portfolio Trend
17 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2024| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 25.8% | $100,005,138 |
| Technology | 14.7% | $56,908,013 |
| Healthcare | 14.7% | $56,827,172 |
| Consumer Cyclical | 14.1% | $54,482,470 |
| Communication Services | 10.5% | $40,531,532 |
| Industrials | 9.6% | $37,334,822 |
| Consumer Defensive | 3.1% | $11,820,989 |
| Energy | 3.0% | $11,795,570 |
| Basic Materials | 1.8% | $6,826,853 |
| Utilities | 1.0% | $3,904,617 |
| Unclassified | 0.9% | $3,560,537 |
| Real Estate | 0.8% | $3,286,938 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DVN | Devon Energy Corp/De | +6,765 | 47,865 | $2,401,865 | |
| LKQ | Lkq Corp | +4,739 | 141,488 | $7,556,874 | |
| PFE | Pfizer Inc | +4,639 | 158,412 | $4,395,933 | |
| CSCO | Cisco Systems, Inc. | +3,009 | 77,427 | $3,864,381 | |
| NEE | Nextera Energy Inc | +2,160 | 41,196 | $2,632,836 | |
| STAG | STAG Industrial, Inc. | +2,125 | 17,400 | $668,856 | |
| GNRC | Generac Holdings Inc. | +1,196 | 28,451 | $3,588,809 | |
| BAC | Bank Of America Corp /De/ | +1,140 | 29,132 | $1,104,685 | |
| BMY | Bristol Myers Squibb Co | +1,055 | 45,710 | $2,478,853 | |
| FNF | Fidelity National Financial, Inc. | +1,010 | 6,784 | $347,377 | |
| CVS | CVS HEALTH Corp | +835 | 78,038 | $6,224,310 | |
| KMB | Kimberly Clark Corp | +706 | 28,606 | $3,700,186 | |
| VMI | Valmont Industries Inc | +690 | 1,554 | $354,747 | |
| RTX | RTX Corp | +677 | 32,921 | $3,210,785 | |
| OMC | Omnicom Group Inc. | +547 | 72,489 | $7,014,035 | |
| USB | US Bancorp De | +505 | 48,466 | $2,166,430 | |
| DAL | Delta Air Lines, Inc. | +425 | 118,264 | $5,661,297 | |
| GILD | Gilead Sciences, Inc. | +365 | 20,867 | $1,528,507 | |
| PNC | Pnc Financial Services Group, Inc. | +335 | 79,057 | $12,775,611 | |
| CI | Cigna Group | +324 | 12,871 | $4,674,618 | |
| DOW | Dow Inc. | +116 | 51,965 | $3,010,332 | |
| SLB | Slb Limited/Nv | +105 | 17,541 | $961,422 | |
| FDX | Fedex Corp | +105 | 26,967 | $7,813,418 | |
| ARCC | Ares Capital Corp | +50 | 149,118 | $3,104,636 | |
| ALL | Allstate Corp | +44 | 58,874 | $10,185,790 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TTD | Trade Desk, Inc. | −10,000 | 40,000 | $3,496,800 | |
| ACU | Acme United Corp | −4,070 | 5,930 | $278,650 | |
| MOD | Modine Manufacturing Co | −3,000 | 11,100 | $1,056,609 | |
| AQN | Algonquin Power & Utilities Corp. | −2,475 | 66,065 | $417,530 | |
| T | At&T Inc. | −2,400 | 100,369 | $1,766,494 | |
| INTC | Intel Corp | −2,390 | 119,042 | $5,258,085 | |
| AFL | Aflac Inc | −2,200 | 92,389 | $7,932,519 | |
| UFPT | Ufp Technologies Inc | −1,800 | 2,305 | $581,321 | |
| WBD | Warner Bros. Discovery, Inc. | −1,625 | 15,075 | $131,604 | |
| LEG | Leggett & Platt Inc | −1,025 | 73,126 | $1,400,362 | |
| UFPI | Ufp Industries Inc | −900 | 11,315 | $1,391,858 | |
| SFM | Sprouts Farmers Market, Inc. | −835 | 5,020 | $323,689 | |
| KMI | Kinder Morgan, Inc. | −760 | 11,532 | $211,496 | |
| AXP | American Express Co | −672 | 35,433 | $8,067,739 | |
| TMHC | Taylor Morrison Home Corp | −590 | 17,336 | $1,077,779 | |
| ITT | Itt Inc. | −580 | 15,540 | $2,113,906 | |
| BAX | Baxter International Inc | −550 | 21,999 | $940,237 | |
| C | Citigroup Inc | −450 | 105,008 | $6,640,705 | |
| SU | Suncor Energy Inc | −450 | 71,803 | $2,650,248 | |
| VZ | Verizon Communications Inc | −410 | 62,578 | $2,625,772 | |
| COHR | Coherent Corp. | −380 | 35,012 | $2,122,427 | |
| UNH | Unitedhealth Group Inc | −322 | 11,883 | $5,878,520 | |
| MDT | Medtronic plc | −268 | 23,010 | $2,005,321 | |
| NVS | Novartis AG | −200 | 23,493 | $2,272,477 | |
| MRNA | Moderna, Inc. | −200 | 3,725 | $396,936 | |
| No positions match the current search. | |||||
19 positions ·
$56,908,013 total
· Technology only
· as of Mar 31, 2024
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MSFT |
Microsoft Corp
Technology
|
Reduced | 60,298 | $25,368,574 | 44.58% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Held | 27,042 | $5,576,871 | 9.80% | |
| INTC |
Intel Corp
Technology
|
Reduced | 119,042 | $5,258,085 | 9.24% | |
| ADI |
Analog Devices Inc
Technology
|
Reduced | 21,316 | $4,216,091 | 7.41% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Added | 77,427 | $3,864,381 | 6.79% | |
| AAPL |
Apple Inc.
Technology
|
Held | 13,057 | $2,239,014 | 3.93% | |
| COHR |
Coherent Corp.
Technology
|
Reduced | 35,012 | $2,122,427 | 3.73% | |
| AVT |
Avnet Inc
Technology
|
Held | 37,910 | $1,879,577 | 3.30% | |
| MSI |
Motorola Solutions, Inc.
Technology
|
Reduced | 3,988 | $1,415,660 | 2.49% | |
| ORCL |
Oracle Corp
Technology
|
Held | 11,025 | $1,384,850 | 2.43% | |
| LYTS |
Lsi Industries Inc
Technology
|
NEW | 46,375 | $701,190 | 1.23% | |
| MKSI |
Mks Inc
Technology
|
Held | 5,060 | $672,980 | 1.18% | |
| CRM |
Salesforce, Inc.
Technology
|
Reduced | 1,820 | $548,147 | 0.96% | |
| KN |
Knowles Corp
Technology
|
Held | 24,245 | $390,344 | 0.69% | |
| NVDA |
Nvidia Corp
Technology
|
Held | 4,220 | $381,302 | 0.67% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Held | 1,429 | $356,878 | 0.63% | |
| VYX |
NCR Voyix Corp
Technology
|
Held | 19,825 | $250,389 | 0.44% | |
| PAYX |
Paychex Inc
Technology
|
Held | 2,000 | $245,600 | 0.43% | |
| AVGO |
Broadcom Inc.
Technology
|
Held | 269 | $35,653 | 0.06% |