Latest Cubic Asset Management, LLC Stock Portfolio

Cubic Asset Management, LLC Performance:

2024 Q1: 9.95%YTD: 9.95%2023: 12.72%

Performance for 2024 Q1 is 9.95%, and YTD is 9.95%, and 2023 is 12.72%.

About Cubic Asset Management, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Cubic Asset Management, LLC reported an equity portfolio of $422.4 Millions as of 31 Mar, 2024.

The top stock holdings of Cubic Asset Management, LLC are MSFT, META, GOOG. The fund has invested 6% of it's portfolio in MICROSOFT CORP and 4.1% of portfolio in META PLATFORMS INC-A.

The fund managers got completely rid off INTL BUSINESS MACHINES (IBM), BOEING CO (BA) and QUALCOMM INC (QCOM) stocks. They significantly reduced their stock positions in UFP TECHNOLOGIES INC (UFPT), ACME UNITED CORP (ACU) and MODINE MANUFACTURING CO (MOD). Cubic Asset Management, LLC opened new stock positions in LINCOLN NATIONAL CORP IN (LNC), LSI INDUSTRIES INC (LYTS) and PACKAGING CORP OF AMERICA (PKG). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES MSCI USA EQUAL WEIGHTE (ACWV), VALMONT INDUSTRIES, INC (VMI) and PREMIER INC (PINC).

Cubic Asset Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Cubic Asset Management, LLC made a return of 9.95% in the last quarter. In trailing 12 months, it's portfolio return was 22%.

New Buys

Ticker	$ Bought
lincoln national corp in	3,312,260
lsi industries inc	701,190
packaging corp of america	227,736
heidrick & struggles inc	213,741

New stocks bought by Cubic Asset Management, LLC

Additions

Ticker	% Inc.
ishares msci usa equal weighte	96.67
valmont industries, inc	79.86
premier inc	29.12
ishares barclays aggregate bon	26.89
fidelity national finl-a	17.49
devon energy cp new	16.46
stag industrial inc	13.91
invesco s&p equal weight	9.42

Additions to existing portfolio by Cubic Asset Management, LLC

Reductions

Ticker	% Reduced
ufp technologies inc	-43.85
acme united corp	-40.7
modine manufacturing co	-21.28
the trade desk, inc.	-20.00
sprouts farmers market, inc	-14.26
warner bros discovery inc	-9.73
ufp industries, inc	-7.37
kinder morgan inc	-6.18

Cubic Asset Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
new york community bancorp	-874,102
intl business machines	-3,844,570
boeing co	-3,360,170
qualcomm inc	-1,780,680
haynes international inc	-667,485
ncr atleos corp	-240,762

Cubic Asset Management, LLC got rid off the above stocks

Sector Distribution

Cubic Asset Management, LLC has about 20.4% of it's holdings in Financial Services sector.

Sector	%
Financial Services	20.4
Technology	15.8
Healthcare	13.3
Consumer Cyclical	12.9
Communication Services	11.7
Industrials	9
Others	8.7
Consumer Defensive	2.7
Energy	2.2
Basic Materials	1.6

Market Cap. Distribution

Cubic Asset Management, LLC has about 78.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	51.2
MEGA-CAP	27.1
MID-CAP	10.7
UNALLOCATED	8.7
SMALL-CAP	2.1

Stocks belong to which Index?

About 0% of the stocks held by Cubic Asset Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
NVDA	nvidia corp	82.5 %
MOD	modine manufacturing co	54.1 %
COHR	coherent inc	39.2 %
THC	tenet healthcare corp	39.1 %
META	meta platforms inc-a	37.2 %

Top 5 Winners ($)		$
META	meta platforms inc-a	4.7 M
MSFT	microsoft corp	2.7 M
ALL	allstate corp	1.9 M
NVDA	nvidia corp	1.7 M
AXP	american express co	1.4 M

Top 5 Losers (%)		%
TBNK	territorial bancorp inc com	-27.7 %
LEG	leggett & platt inc	-26.8 %
WBD	warner bros discovery inc	-22.5 %
PARA	paramount global	-20.4 %
SMP	standard motor products inc	-15.7 %

Top 5 Losers ($)		$
INTC	intel corp	-0.7 M
LEG	leggett & platt inc	-0.5 M
UNH	unitedhealth group inc	-0.4 M
AAPL	apple inc	-0.3 M
GPI	group 1 automotive	-0.2 M

Cubic Asset Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Cubic Asset Management, LLC

Cubic Asset Management, LLC has 202 stocks in it's portfolio. About 28.8% of the portfolio is in top 10 stocks. INTC proved to be the most loss making stock for the portfolio. META was the most profitable stock for Cubic Asset Management, LLC last quarter.

Last Reported on: 24 Apr, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.53	13,057	2,239,010	unchanged	0.00

ABBV	abbvie inc	1.71	39,689	7,227,370	reduced	-0.18

ABT	abbott laboratories	0.57	21,245	2,414,710	reduced	-0.16

ACU	acme united corp	0.07	5,930	278,651	reduced	-40.7

ACWV	ishares msci usa equal weighte	0.10	4,720	429,473	added	96.67

ADI	analog devices inc	1.00	21,316	4,216,090	reduced	-0.35

ADP	automatic data processing	0.08	1,429	356,878	unchanged	0.00

AFL	a f l a c inc	1.88	92,389	7,932,520	reduced	-2.33

AGG	ishares msci eafe etf	0.46	24,372	1,946,350	added	0.06

AGG	ishares russell 2000 value	0.19	5,145	817,077	added	0.1

AGG	ishares russell midcap value	0.17	5,689	713,002	unchanged	0.00

AGG	ishares tr barclays tips bond	0.14	5,696	611,807	added	1.86

AGG	ishares barclays aggregate bon	0.13	5,459	534,654	added	26.89

AGG	ishares russell 3000 index	0.08	1,145	343,592	unchanged	0.00

AGX	argan inc	0.20	16,870	852,610	unchanged	0.00

AIB	midcap financial investment co	0.18	51,694	777,478	unchanged	0.00

AIZ	assurant inc	0.23	5,100	960,024	unchanged	0.00

ALL	allstate corp	2.41	58,874	10,185,800	added	0.07

AMAT	applied materials inc	1.32	27,042	5,576,870	unchanged	0.00

AME	ametek inc	0.43	9,900	1,810,710	unchanged	0.00