13F-HR 1 a13f063010.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: JUNE 30, 2010 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Cubic Asset Management, LLC Address: 131 Dartmouth Street, 5th Floor Boston, MA. 02116 Form 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Stuart Schwartz Title: Director of Operations Phone: 617-456-1382 Signature, Place, and Date of Signing: /s/ Stuart Schwartz Boston, Massachussetts July 19, 2010 -------------------------- ------------------------ ---------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28-______________ _______________________________ [Repeat as necessary. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 147 Form 13F Information Table Value Total: $ 321494 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name ______ 28-______________________ ______________________________ [Repeat as necessary.] Cubic Asset Management LLC Cubic Asset Management LLC FORM 13F June 30, 2010 Voting Authority -------------------------- Value Shares/ Sh/ Put/ Invstmt Other Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M COMPANY COM 88579Y101 3999 50630 SH Sole 50630 ABBOTT LABS COM 002824100 1680 35915 SH Sole 35915 AECOM TECHNOLOGY CORP COM 00766T100 4078 176850 SH Sole 176850 AEROPOSTALE INC COM 007865108 1603 55975 SH Sole 55975 ALBEMARLE CORP COM 012653101 6702 168775 SH Sole 168775 ALCOA INC COM 013817101 2707 269050 SH Sole 269050 AMERICAN PHYSICIANS SVC GP COM 028882108 1055 43150 SH Sole 43150 AMETEK INC COM 031100100 3382 84230 SH Sole 84230 ANALOG DEVICES COM 032654105 1900 68200 SH Sole 68200 APACHE CORP COM 037411105 815 9675 SH Sole 9675 APOLLO GROUP INC-CL A COM 037604105 3319 78160 SH Sole 78160 ARROW ELECTRONICS COM 042735100 7163 320497 SH Sole 320497 AT& T INC COM 00206R102 1860 76871 SH Sole 76871 AUTONATION INC COM 05329W102 7252 371900 SH Sole 371900 AVERY DENNISON CORP COM 053611109 961 29925 SH Sole 29925 BAKER (MICHAEL) CORP COM 057149106 1112 31850 SH Sole 31850 BANK OF AMERICA CORP COM 060505104 1598 111177 SH Sole 111177 BELDEN INC COM 077454106 3422 155525 SH Sole 155525 BENCHMARK ELECTRONICS COM 08160H101 656 41375 SH Sole 41375 BERKSHIRE HATHAWAY - CL B COM 084670207 363 4550 SH Sole 4550 BILL BARRETT CORP COM 06846N104 1263 41050 SH Sole 41050 BIOFIELD CORP COM 090591108 2 84375 SH Sole 84375 BRINKER INTL INC COM 109641100 2367 163700 SH Sole 163700 BRISTOL-MYERS SQUIBB CO COM 110122108 961 38551 SH Sole 38551 BURGER KING HOLDINGS INC COM 121208201 1133 67275 SH Sole 67275 CACI INTERNATIONAL INC CL A COM 127190304 552 13000 SH Sole 13000 CAMBREX CORP COM 132011107 596 189200 SH Sole 189200 CHINA SONANGOL RESOURCES ENT COM G05048106 48 175000 SH Sole 175000 CITIGROUP INC COM 172967101 53 13974 SH Sole 13974 COCA-COLA CO COM 191216100 282 5625 SH Sole 5625 COMERICA INC COM 200340107 210 5700 SH Sole 5700 COMMERCIAL METALS CO COM COM 201723103 4604 348270 SH Sole 348270 COMPLETE PRODTN SERVICESINC COM 20453E109 1839 128625 SH Sole 128625 COOPER INDUSTRIES LTD-CL A COM 014883444 1043 23700 SH Sole 23700 COVENTRY HEALTH CARE INC COM 222862104 5086 287645 SH Sole 287645 CYTEC INDUSTRIES INC COM 232820100 2289 57250 SH Sole 57250 DEAN FOODS CO COM 242370104 2719 270035 SH Sole 270035 DELUXE CORPORATION COM 248019101 3558 189750 SH Sole 189750 DEVON ENERGY CORP NEW COM 25179M103 327 5375 SH Sole 5375 DIEBOLD INC COM 253651103 1234 45295 SH Sole 45295 DOVER CORP COM 260003108 2632 62975 SH Sole 62975 DR PEPPER SNAPPLE GROUP COM 26138E109 3523 94225 SH Sole 94225 DYNAMIC MATRIALS COM 267888105 2109 131500 SH Sole 131500 EATON CORP COM 278058102 2314 35358 SH Sole 35358 EDUCATION REALTY TR INC COM 28140H104 453 75100 SH Sole 75100 EMERSON ELEC CO COM 291011104 1490 34115 SH Sole 34115 EMS TECHNOLOGIES COM 26873N108 3294 219300 SH Sole 219300 ENERGIZER HOLDINGS COM 29266R108 3547 70550 SH Sole 70550 EQUIFAX INC COM 294429105 4791 170735 SH Sole 170735 ESTERLINE TECHNOLOGIES CORP COM 297425100 5552 117010 SH Sole 117010 EXXON MOBIL CORP COM 30231G102 297 5200 SH Sole 5200 FIRST CASH FINL SVCS INC COM 31942D107 899 41250 SH Sole 41250 FIRSTMERIT CORP COM 337915102 692 40400 SH Sole 40400 FISERV INC COM 337738108 4220 92420 SH Sole 92420 FNB CORP COM 302520101 3748 466775 SH Sole 466775 FOREST OIL CORP NEW COM 346091705 2724 99556 SH Sole 99556 FORTUNE BRANDS INC COM 349631101 1202 30685 SH Sole 30685 FRONTIER COMMUNICATIONS CORP COM 35906A108 90 12675 SH Sole 12675 FTI CONSULTING INC COM 302941109 5800 133050 SH Sole 133050 GENERAL CABLE CORP COM 369300108 2085 78225 SH Sole 78225 GENERAL ELECTRIC COM 369604103 2632 182521 SH Sole 182521 GENUINE PARTS CO COM 372460105 4604 116705 SH Sole 116705 GILEAD SCIENCES INC COM 375558103 799 23305 SH Sole 23305 GRAFTECH INTERNATIONAL LTD COM 384313102 3137 214575 SH Sole 214575 GROUP 1 AUTOMOTIVE COM 398905109 899 38200 SH Sole 38200 HARVARD BIOSCIENCE INC COM 416906105 186 52200 SH Sole 52200 HCC INS HOLDING INC COM 404132102 8104 327290 SH Sole 327290 HELMERICH & PAYNE COM 423452101 267 7300 SH Sole 7300 HUDSON CITY BANCORP INC COM 443683107 6050 493880 SH Sole 493880 ILLINOIS TOOL WORKS INC COM 452308109 880 21307 SH Sole 21307 INSTEEL INDUSTRIES INC COM COM 45774W108 138 11900 SH Sole 11900 INTEL CORP COM 458140100 2616 134496 SH Sole 134496 INTL BUSINESS MACHINES CORP COM 459200101 2636 21347 SH Sole 21347 INVACARE CORP COM 461203101 1053 50775 SH Sole 50775 ITT CORP COM 450911102 218 4850 SH Sole 4850 J2 GLOBAL COMMUNICATIONS INC COM 46626E205 3484 159525 SH Sole 159525 JACK HENRY & ASSOC INC COM 426281101 1775 74350 SH Sole 74350 JOHNSON AND JOHNSON COM 478160104 2895 49021 SH Sole 49021 JPMORGAN CHASE & CO COM 46625H100 712 19459 SH Sole 19459 KIMBERLY CLARK COM 494368103 3681 60705 SH Sole 60705 KRAFT FOODS CL A COM 50075N104 792 28303 SH Sole 28303 LABORATORY CRP OF AMER HLDGS COM 50540R409 4145 55005 SH Sole 55005 LEGGETT & PLATT INC COM 524660107 931 46400 SH Sole 46400 LEUCADIA NATIONAL CORP COM 527288104 2139 109650 SH Sole 109650 LEXINGTON REALTY TRUST REIT COM 529043101 96 15916 SH Sole 15916 MAXIM INTEGRATED PRODUCTS COM 57772K101 468 28000 SH Sole 28000 MCCORMICK & CO COM 579780206 548 14430 SH Sole 14430 MCDONALDS CORP COM 580135101 424 6430 SH Sole 6430 MFA FINANCIAL INC COM 55272X102 4524 611325 SH Sole 611325 MICROSOFT CORP COM 594918104 3129 135998 SH Sole 135998 NEWFIELD EXPL CO COM COM 651290108 4977 101865 SH Sole 101865 NICOR INC COM 654086107 553 13650 SH Sole 13650 NIKE INC CL B COM 654106103 1069 15820 SH Sole 15820 NOVARTIS ADR COM 66987V109 2804 58040 SH Sole 58040 NYSE EURONEXT COM 629491101 4239 153425 SH Sole 153425 OMNICOM GROUP COM COM 681919106 3589 104640 SH Sole 104640 ORACLE CORP COM 68389X105 379 17640 SH Sole 17640 P P G INDUSTRIES INC COM 693506107 2299 38055 SH Sole 38055 PACTIV CORPORATION COM 695257105 7069 253825 SH Sole 253825 PETROHAWK ENERGY CORP COM 716495106 1885 111075 SH Sole 111075 PFIZER INC COM 717081103 1858 130307 SH Sole 130307 PITNEY BOWES INC COM 724479100 4580 208553 SH Sole 208553 PRESTIGE BRANDS HOLDINGS INC COM 74112D101 1177 166300 SH Sole 166300 PROCTOR & GAMBLE COM 742718109 509 8481 SH Sole 8481 PROSHARES ULTRASHORT LEHMAN COM 74347R297 284 8000 SH Sole 8000 PROSPERITY BANCSHARES COM 743606105 2137 61500 SH Sole 61500 RANGE RESOURCES CORP DEL COM 75281A109 2342 58335 SH Sole 58335 RENT-A-CENTER COM 76009N100 3929 193925 SH Sole 193925 ROWAN COMPANIES INC COM 779382100 327 14900 SH Sole 14900 ROYAL DUTCH SHEL PLC SPONS COM 780259107 411 8519 SH Sole 8519 ROYCE VALUE TR INC COM 780910105 153 14504 SH Sole 14504 SILGAN HOLDINS INC COM 827048109 1390 48975 SH Sole 48975 SNAP-ON INC COM 833034101 1601 39125 SH Sole 39125 SPARTAN MOTORS INC COM 846819100 800 190550 SH Sole 190550 SPECTRUM CONTROL INC COM 847615101 1211 86650 SH Sole 86650 ST JUDE MEDICAL INC COM 790849103 1050 29100 SH Sole 29100 STANDARD & POOR'S DEP RECPTS ( COM 78462F103 486 4713 SH Sole 4713 STEEL DYNAMICS INC COM 858119100 566 42925 SH Sole 42925 SUNCOR ENERGY INC COM 867229106 286 9700 SH Sole 9700 SUPERIOR ENERGY SVCS INC COM 868157108 5471 293025 SH Sole 293025 TELEFONICA SA SPAIN ADR COM 879382208 2737 49295 SH Sole 49295 THE BRINKS CO COM 109696104 3727 195850 SH Sole 195850 THE BUCKLE INC COM 118440106 3657 112795 SH Sole 112795 THOMPSON CREEK METALS CO COM 884768102 3298 380000 SH Sole 380000 TIME WARNER INC COM 887317303 1479 51156 SH Sole 51156 TRAVELERS COS INC COM 89417E109 305 6187 SH Sole 6187 TREASURY INFLATION PROTECTED E COM 464287176 650 6080 SH Sole 6080 TRINITY INDUS INC COM 896522109 2199 124100 SH Sole 124100 TTM TECHNOLOGIES COM 87305R109 1596 167975 SH Sole 167975 UNION BANKSHARES CORP COM 905399101 1021 83250 SH Sole 83250 UNITED TECHNOLOGIES CORP COM 913017109 3379 52050 SH Sole 52050 VERIZON COMMUNICATIONS COM 92343V104 652 23282 SH Sole 23282 WAL-MART STORES INC COM 931142103 2702 56209 SH Sole 56209 WALGREEN CO COM 931422109 2735 102425 SH Sole 102425 WATERS CORP COM 941848103 4385 67770 SH Sole 67770 WATSON PHARMACEUTICALS INC COM 942683103 5152 126980 SH Sole 126980 WESCO FINANCIAL GROUP COM 950817106 2227 6890 SH Sole 6890 WESTERN DIGITAL CORP COM 958102105 1634 54175 SH Sole 54175 WHITNEY HOLDING CORP COM 966612103 2025 218875 SH Sole 218875 WILLIS GROUP HOLDINGS COM G96666105 7824 260375 SH Sole 260375 XILINX INC COM 983919101 4214 166825 SH Sole 166825 ZIMMER HOLDINGS INC COM 98956P102 1513 27984 SH Sole 27984 iSHARES LEHMAN AGG BOND FUND COM 464287226 421 3928 SH Sole 3928 iSHARES MSCI EAFE INDEX FUND COM 464287465 756 16245 SH Sole 16245 JP MORGAN CHASE & CO 8.625% PR PFD 46625H621 351 13165 SH Sole 13165 EATON VANCE MASS MUNIS-A 27826L561 138 16071.645SH Sole 16071.645 VANGUARD PA TAX EXEMPT MMKT 92204L203 73 73063.870SH Sole 73063.870 REPORT SUMMARY 147 DATA RECORDS 321494 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED