Cubic Asset Management is an investment fund managing more than $422 billion ran by Stuart Schwartz. There are currently 202 companies in Mr. Schwartz’s portfolio. The largest investments include Microsoft and Meta Platforms Inc-a, together worth $42.7 billion.
As of 17th April 2024, Cubic Asset Management’s top holding is 60,298 shares of Microsoft currently worth over $25.4 billion and making up 6.0% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Cubic Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 35,600 shares of Meta Platforms Inc-a worth $17.3 billion.
The third-largest holding is Alphabet Inc worth $13.9 billion and the next is PNC Services Inc worth $12.8 billion, with 79,057 shares owned.
Currently, Cubic Asset Management's portfolio is worth at least $422 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Cubic Asset Management office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Stuart Schwartz serves as the Director of Operations at Cubic Asset Management.
In the most recent 13F filing, Cubic Asset Management revealed that it had opened a new position in
Lincoln National Corp In and bought 103,735 shares worth $3.31 billion.
The investment fund also strengthened its position in PNC Services Inc by buying
335 additional shares.
This makes their stake in PNC Services Inc total 79,057 shares worth $12.8 billion.
PNC Services Inc soared 25.5% in the past year.
On the other hand, there are companies that Cubic Asset Management is getting rid of from its portfolio.
Cubic Asset Management closed its position in Intl Business Machines on 24th April 2024.
It sold the previously owned 23,507 shares for $3.84 billion.
Stuart Schwartz also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $25.4 billion and 60,298 shares.
The two most similar investment funds to Cubic Asset Management are Brant Point Investment Management and Tlwm. They manage $422 billion and $423 billion respectively.
Cubic Asset Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 17.1% of
the total portfolio value.
The fund focuses on investments in the United States as
66.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
39% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $115 billion.
These positions were updated on April 24th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
0.16%
60,298
|
$25,368,575,000 | 6.01% |
| Meta Platforms Inc-a |
0.21%
35,600
|
$17,286,648,000 | 4.09% |
| Alphabet Inc |
0.57%
91,546
|
$13,938,794,000 | 3.30% |
| PNC Financial Services Group Inc |
0.43%
79,057
|
$12,775,611,000 | 3.02% |
| Berkshire Hathaway B New Class |
0.09%
25,888
|
$10,886,422,000 | 2.58% |
| Allstate Corp (The) |
0.07%
58,874
|
$10,185,791,000 | 2.41% |
| American Express Co. |
1.86%
35,433
|
$8,067,740,000 | 1.91% |
| A F L A C Inc |
2.33%
92,389
|
$7,932,520,000 | 1.88% |
| Fedex Corp |
0.39%
26,967
|
$7,813,419,000 | 1.85% |
| Lowe's Cos Inc |
0.00%
29,722
|
$7,571,085,000 | 1.79% |
| LKQ Corp |
3.47%
141,488
|
$7,556,874,000 | 1.79% |
| Abbvie Inc |
0.18%
39,689
|
$7,227,367,000 | 1.71% |
| Goldman Sachs Group, Inc. |
No change
17,079
|
$7,133,728,000 | 1.69% |
| Amazon.com Inc. |
0.01%
39,333
|
$7,094,887,000 | 1.68% |
| Omnicom Group, Inc. |
0.76%
72,489
|
$7,014,036,000 | 1.66% |
| Mastercard Inc-class A |
No change
13,933
|
$6,709,715,000 | 1.59% |
| Citigroup Inc |
0.43%
105,008
|
$6,640,706,000 | 1.57% |
| Cvs Inc |
1.08%
78,038
|
$6,224,311,000 | 1.47% |
| Unitedhealth Group Inc |
2.64%
11,883
|
$5,878,520,000 | 1.39% |
| Johnson & Johnson |
0.01%
36,055
|
$5,703,540,000 | 1.35% |
| Delta Airlines Inc |
0.36%
118,264
|
$5,661,298,000 | 1.34% |
| Applied Materials Inc. |
No change
27,042
|
$5,576,872,000 | 1.32% |
| Genuine Parts Co. |
0.36%
35,810
|
$5,548,043,000 | 1.31% |
| Walt Disney Co (The) |
0.44%
43,274
|
$5,295,007,000 | 1.25% |
| Intel Corp. |
1.97%
119,042
|
$5,258,085,000 | 1.24% |
| Group 1 Automotive, Inc. |
No change
16,956
|
$4,955,052,000 | 1.17% |
| Cigna Corp |
2.58%
12,871
|
$4,674,618,000 | 1.11% |
| Pfizer Inc. |
3.02%
158,412
|
$4,395,931,000 | 1.04% |
| Analog Devices Inc. |
0.35%
21,316
|
$4,216,092,000 | 1.00% |
| Cisco Systems, Inc. |
4.04%
77,427
|
$3,864,382,000 | 0.91% |
| Intl Business Machines |
Closed
23,507
|
$3,844,570,000 | |
| NVIDIA Corp |
No change
4,220
|
$3,813,023,000 | 0.90% |
| Kimberly-Clark Corp. |
2.53%
28,606
|
$3,700,186,000 | 0.88% |
| Generac Holdings Inc |
4.39%
28,451
|
$3,588,809,000 | 0.85% |
| Visa Inc |
0.17%
12,803
|
$3,573,061,000 | 0.85% |
| S P D R S&p 500 |
0.15%
6,807
|
$3,560,537,000 | 0.84% |
| Trade Desk Inc |
20.00%
40,000
|
$3,496,800,000 | 0.83% |
| Boeing Co. |
Closed
12,891
|
$3,360,168,000 | |
| Lincoln National Corp In |
Opened
103,735
|
$3,312,259,000 | 0.78% |
| Merck & Co Inc |
0.20%
25,094
|
$3,311,153,000 | 0.78% |
| RTX Corp |
2.10%
32,921
|
$3,210,785,000 | 0.76% |
| Te Connectivity Ltd F |
0.47%
22,035
|
$3,200,363,000 | 0.76% |
| Comcast Corp Cl A |
0.12%
71,753
|
$3,110,493,000 | 0.74% |
| Ares Capital Corp |
0.03%
149,118
|
$3,104,637,000 | 0.73% |
| Dow Inc |
0.22%
51,965
|
$3,010,332,000 | 0.71% |
| M/i Homes Inc |
No change
22,005
|
$2,999,061,000 | 0.71% |
| Suncor Energy Inc New F |
0.62%
71,803
|
$2,650,249,000 | 0.63% |
| NextEra Energy Inc |
5.53%
41,196
|
$2,632,836,000 | 0.62% |
| Verizon Communications Inc |
0.65%
62,578
|
$2,625,773,000 | 0.62% |
| Bank Of Ny Mellon Cp New |
0.06%
44,170
|
$2,545,075,000 | 0.60% |
| Snap-on, Inc. |
0.02%
8,454
|
$2,504,244,000 | 0.59% |
| Bristol-Myers Squibb Co. |
2.36%
45,710
|
$2,478,853,000 | 0.59% |
| International Paper Co. |
No change
62,051
|
$2,421,230,000 | 0.57% |
| Abbott Laboratories |
0.16%
21,245
|
$2,414,707,000 | 0.57% |
| Devon Energy Cp New |
16.46%
47,865
|
$2,401,866,000 | 0.57% |
| Novartis A G Spon Adr |
0.84%
23,493
|
$2,272,478,000 | 0.54% |
| Apple Inc |
No change
13,057
|
$2,239,014,000 | 0.53% |
| Iron Mountain Inc. |
No change
27,525
|
$2,207,780,000 | 0.52% |
| U S Bancorp Del New |
1.05%
48,466
|
$2,166,430,000 | 0.51% |
| Coherent Corp |
1.07%
35,012
|
$2,122,427,000 | 0.50% |
| ITT Inc |
3.60%
15,540
|
$2,113,906,000 | 0.50% |
| Medtronic Plc |
1.15%
23,010
|
$2,005,322,000 | 0.47% |
| Ishares Msci Eafe Etf |
0.06%
24,372
|
$1,946,348,000 | 0.46% |
| Exxon Mobil Corp. |
0.06%
16,356
|
$1,901,221,000 | 0.45% |
| Avnet, Inc. |
No change
37,910
|
$1,879,578,000 | 0.44% |
| TJX Companies, Inc. |
No change
18,208
|
$1,846,655,000 | 0.44% |
| Ametek Inc |
No change
9,900
|
$1,810,710,000 | 0.43% |
| Qualcomm, Inc. |
Closed
12,312
|
$1,780,685,000 | |
| A T & T Inc New |
2.34%
100,369
|
$1,766,494,000 | 0.42% |
| Dycom Industries, Inc. |
0.17%
11,862
|
$1,702,553,000 | 0.40% |
| Dr Horton Inc |
No change
10,000
|
$1,645,500,000 | 0.39% |
| Progressive Corp. |
No change
7,809
|
$1,615,057,000 | 0.38% |
| LCI Industries |
No change
12,884
|
$1,585,505,000 | 0.38% |
| Gilead Sciences, Inc. |
1.78%
20,867
|
$1,528,508,000 | 0.36% |
| Crane Holdings Co |
0.69%
10,789
|
$1,457,918,000 | 0.35% |
| Procter & Gamble Co. |
No change
8,898
|
$1,443,701,000 | 0.34% |
| Travelers Companies Inc. |
No change
6,244
|
$1,436,994,000 | 0.34% |
| Eli Lilly & Co |
No change
1,830
|
$1,423,667,000 | 0.34% |
| Motorola Solutions Inc |
3.97%
3,988
|
$1,415,660,000 | 0.34% |
| Leggett & Platt, Inc. |
1.38%
73,126
|
$1,400,363,000 | 0.33% |
| UFP Industries Inc |
7.37%
11,315
|
$1,391,858,000 | 0.33% |
| Oracle Corp. |
No change
11,025
|
$1,384,850,000 | 0.33% |
| Vertex Pharmaceuticals, Inc. |
No change
3,200
|
$1,337,632,000 | 0.32% |
| JPMorgan Chase & Co. |
0.47%
6,570
|
$1,315,971,000 | 0.31% |
| Metlife Inc |
No change
17,110
|
$1,268,022,000 | 0.30% |
| Conocophillips |
No change
9,611
|
$1,223,288,000 | 0.29% |
| Cardinal Health, Inc. |
No change
10,865
|
$1,215,794,000 | 0.29% |
| Landstar System, Inc. |
No change
6,290
|
$1,212,460,000 | 0.29% |
| Spectrum Brands Holdings Inc. |
No change
13,459
|
$1,197,986,000 | 0.28% |
| Aon plc. |
3.19%
3,492
|
$1,165,350,000 | 0.28% |
| Bank Of America Corp. |
4.07%
29,132
|
$1,104,685,000 | 0.26% |
| Taylor Morrison Home Corp. |
3.29%
17,336
|
$1,077,779,000 | 0.26% |
| Gentex Corp. |
No change
29,540
|
$1,066,985,000 | 0.25% |
| Modine Manufacturing Co. |
21.28%
11,100
|
$1,056,609,000 | 0.25% |
| Lennar Corp-a |
No change
6,100
|
$1,049,078,000 | 0.25% |
| Whirlpool Corp. |
No change
8,700
|
$1,040,781,000 | 0.25% |
| Mcdonalds Corp |
No change
3,520
|
$992,464,000 | 0.23% |
| General Mills, Inc. |
No change
14,150
|
$990,076,000 | 0.23% |
| Schlumberger Ltd. |
0.60%
17,541
|
$961,422,000 | 0.23% |
| Assurant Inc |
No change
5,100
|
$960,024,000 | 0.23% |
| Johnson Controls Inc |
No change
14,579
|
$952,300,000 | 0.23% |
| Baxter International Inc. |
2.44%
21,999
|
$940,237,000 | 0.22% |
| Pioneer Natural Res Co |
No change
3,524
|
$925,050,000 | 0.22% |
| Miller Inds Inc Tenn Com New |
No change
17,885
|
$896,039,000 | 0.21% |
| Jefferies Financial Group Inc |
0.37%
20,112
|
$886,939,000 | 0.21% |
| New York Community Bancorp Inc. |
Closed
85,445
|
$874,102,000 | |
| ManpowerGroup |
No change
11,020
|
$855,593,000 | 0.20% |
| Argan, Inc. |
No change
16,870
|
$852,610,000 | 0.20% |
| E O G Resources Inc |
No change
6,577
|
$840,804,000 | 0.20% |
| Bread Financial Holdings Inc |
No change
22,212
|
$827,175,000 | 0.20% |
| Ishares Russell 2000 Value |
0.10%
5,145
|
$817,077,000 | 0.19% |
| Tenet Healthcare Corp. |
No change
7,535
|
$792,004,000 | 0.19% |
| Midcap Financial Investment Co |
No change
51,694
|
$777,478,000 | 0.18% |
| Sensient Technologies Corp. |
No change
10,640
|
$736,182,000 | 0.17% |
| Stryker Corp. |
No change
2,016
|
$721,466,000 | 0.17% |
| Ishares Russell Midcap Value |
No change
5,689
|
$713,002,000 | 0.17% |
| Laboratory Crp Of Amer Hldgs |
5.91%
3,262
|
$712,617,000 | 0.17% |
| Invesco S&p Equal Weight |
9.42%
4,183
|
$708,475,000 | 0.17% |
| Alphabet Inc |
No change
4,680
|
$706,352,000 | 0.17% |
| Zimmer Biomet Holdings Inc |
No change
5,338
|
$704,509,000 | 0.17% |
| LSI Industries Inc. |
Opened
46,375
|
$701,190,000 | 0.17% |
| MKS Instruments, Inc. |
No change
5,060
|
$672,980,000 | 0.16% |
| Crane Nxt Co |
1.36%
10,869
|
$672,791,000 | 0.16% |
| STAG Industrial Inc |
13.91%
17,400
|
$668,856,000 | 0.16% |
| Haynes International Inc. |
Closed
11,700
|
$667,485,000 | |
| Chevron Corp. |
0.91%
4,091
|
$645,314,000 | 0.15% |
| Consolidated Edison, Inc. |
No change
6,997
|
$635,398,000 | 0.15% |
| Pepsico Inc |
No change
3,610
|
$631,786,000 | 0.15% |
| Berkshire Hathaway Inc. |
No change
1
|
$629,610,000 | 0.15% |
| Conagra Foods Inc |
No change
21,093
|
$625,197,000 | 0.15% |
| Honeywell International Inc |
1.00%
3,034
|
$622,729,000 | 0.15% |
| Coca-Cola Co |
0.59%
10,124
|
$619,386,000 | 0.15% |
| Ishares Tr Barclays Tips Bond |
1.86%
5,696
|
$611,807,000 | 0.14% |
| Morgan Stanley |
No change
6,296
|
$592,831,000 | 0.14% |
| UFP Technologies Inc. |
43.85%
2,305
|
$581,321,000 | 0.14% |
| OneMain Holdings Inc |
No change
11,337
|
$579,207,000 | 0.14% |
| Premier Inc |
29.13%
25,825
|
$570,733,000 | 0.14% |
| Safety Insurance Group, Inc. |
No change
6,902
|
$567,275,000 | 0.13% |
| Salesforce.com |
5.21%
1,820
|
$548,148,000 | 0.13% |
| Bp Plc (adr) |
No change
14,480
|
$545,606,000 | 0.13% |
| Associated Banc-Corp. |
No change
25,210
|
$542,267,000 | 0.13% |
| General Motors Company |
No change
11,895
|
$539,438,000 | 0.13% |
| Ishares Barclays Aggregate Bon |
26.89%
5,459
|
$534,654,000 | 0.13% |
| AdvanSix Inc |
No change
17,550
|
$501,930,000 | 0.12% |
| Lancaster Colony Corp. |
No change
2,352
|
$488,346,000 | 0.12% |
| Americas Car Mart, Inc. |
No change
7,620
|
$486,689,000 | 0.12% |
| Federated Hermes Inc |
No change
13,337
|
$481,732,000 | 0.11% |
| Sch Us Tips Etf |
0.40%
8,995
|
$469,179,000 | 0.11% |
| Cleveland-Cliffs Inc |
No change
20,300
|
$461,622,000 | 0.11% |
| Standard Motor Products, Inc. |
No change
13,185
|
$442,357,000 | 0.10% |
| Nomad Foods Ltd |
No change
22,145
|
$433,156,000 | 0.10% |
| Vanguard Total International S |
No change
7,131
|
$429,999,000 | 0.10% |
| Ishares Msci Usa Equal Weighte |
96.67%
4,720
|
$429,473,000 | 0.10% |
| Algonquin Power & Utilities Corp |
3.61%
66,065
|
$417,531,000 | 0.10% |
| Shell Plc |
No change
6,180
|
$414,307,000 | 0.10% |
| Brunswick Corp. |
No change
4,185
|
$403,936,000 | 0.10% |
| Becton Dickinson & Co. |
No change
1,630
|
$403,344,000 | 0.10% |
| Moderna Inc |
5.10%
3,725
|
$396,936,000 | 0.09% |
| Ingevity Corp |
No change
8,240
|
$393,048,000 | 0.09% |
| Fifth Third Bancorp |
No change
10,560
|
$392,938,000 | 0.09% |
| Knowles Corp |
No change
24,245
|
$390,345,000 | 0.09% |
| Affiliated Managers Group Inc. |
No change
2,329
|
$390,038,000 | 0.09% |
| Canadian Natl Railway Co |
No change
2,880
|
$379,325,000 | 0.09% |
| Canadian Pacific Kansas City |
No change
4,200
|
$370,314,000 | 0.09% |
| Caterpillar Inc. |
No change
1,000
|
$366,430,000 | 0.09% |
| Schwab Us Broad Market Etf |
0.37%
5,998
|
$366,178,000 | 0.09% |
| Fidelity National Finl-a |
17.49%
6,784
|
$360,230,000 | 0.09% |
| Automatic Data Processing Inc. |
No change
1,429
|
$356,878,000 | 0.08% |
| Broadcom Inc. |
No change
269
|
$356,535,000 | 0.08% |
| Valmont Industries, Inc. |
79.86%
1,554
|
$354,747,000 | 0.08% |
| Mohawk Industries, Inc. |
No change
2,656
|
$347,644,000 | 0.08% |
| Apogee Enterprises Inc. |
No change
5,825
|
$344,840,000 | 0.08% |
| Ishares Russell 3000 Index |
No change
1,145
|
$343,592,000 | 0.08% |
| Clorox Co. |
No change
2,190
|
$335,311,000 | 0.08% |
| Huntsman Corp |
No change
12,750
|
$331,883,000 | 0.08% |
| Deluxe Corp. |
No change
15,955
|
$328,513,000 | 0.08% |
| Sprouts Farmers Market Inc |
14.26%
5,020
|
$323,690,000 | 0.08% |
| Hillenbrand Inc |
No change
6,330
|
$318,336,000 | 0.08% |
| Dover Corp. |
No change
1,746
|
$309,374,000 | 0.07% |
| Berkshire Hills Bancorp Inc. |
No change
13,470
|
$308,732,000 | 0.07% |
| Helen of Troy Ltd |
No change
2,610
|
$300,776,000 | 0.07% |
| Acme United Corp. |
40.70%
5,930
|
$278,651,000 | 0.07% |
| Otter Tail Power |
No change
3,225
|
$278,640,000 | 0.07% |
| AMGEN Inc. |
No change
975
|
$277,212,000 | 0.07% |
| Carters Inc |
No change
3,120
|
$264,202,000 | 0.06% |
| Fortune Brands Innovations |
No change
3,015
|
$255,280,000 | 0.06% |
| Park Hotels & Resorts Inc |
No change
14,360
|
$251,156,000 | 0.06% |
| Ncr Voyix Corp |
No change
19,825
|
$250,390,000 | 0.06% |
| Paychex Inc. |
No change
2,000
|
$245,600,000 | 0.06% |
| Ncr Atleos Corp |
Closed
9,912
|
$240,762,000 | |
| Altria Group Inc. |
No change
5,368
|
$234,152,000 | 0.06% |
| Packaging Corp Of America |
Opened
1,200
|
$227,736,000 | 0.05% |
| Brookfield Corp |
No change
5,400
|
$226,098,000 | 0.05% |
| Nasdaq Inc |
No change
3,525
|
$222,428,000 | 0.05% |
| Duke Energy Corp. |
No change
2,263
|
$218,855,000 | 0.05% |
| Darling Ingredients Inc |
No change
4,700
|
$218,597,000 | 0.05% |
| Heidrick & Struggles International, Inc. |
Opened
6,350
|
$213,741,000 | 0.05% |
| Kinder Morgan Inc |
6.18%
11,532
|
$211,497,000 | 0.05% |
| Patterson Cos Inc |
No change
7,250
|
$200,463,000 | 0.05% |
| Territorial Bancorp Inc |
No change
22,175
|
$178,731,000 | 0.04% |
| Paramount Global |
0.24%
14,635
|
$172,254,000 | 0.04% |
| Sabra Health Care Reit |
No change
10,775
|
$159,147,000 | 0.04% |
| Warner Bros.Discovery Inc |
9.73%
15,075
|
$131,605,000 | 0.03% |
| Cohen & Steers Qual Inc Rlty |
No change
10,600
|
$128,048,000 | 0.03% |
| PennantPark Investment Corp. |
No change
10,975
|
$75,508,000 | 0.02% |
| Nascent Biotech, Inc |
No change
105,000
|
$15,761,000 | 0.00% |
| Nymox Pharmaceutical Corp |
No change
10,000
|
$4,000,000 | 0.00% |
| Lightning Emotors, Inc |
No change
11,665
|
$519,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 208 holdings | |||