The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 12-31-2021
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: 800 BOYLSTON STREET, SUITE 2830
BOSTON , MA02199
Form 13F File Number: 028-12643

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:
Stuart Schwartz Boston , MA 01-24-2022
[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).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 205
Form 13F Information Table Value Total: 441,561
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(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


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M COMPANY COM 88579Y101 4,565 25,699 SH SOLE 0 0 25,699
A F L A C INC COM 001055102 6,805 116,547 SH SOLE 0 0 116,547
A T & T INC NEW COM 00206R102 3,385 137,615 SH SOLE 0 0 137,615
ABBOTT LABORATORIES COM 002824100 3,799 26,994 SH SOLE 0 0 26,994
ABBVIE INC COM 00287Y109 6,642 49,054 SH SOLE 0 0 49,054
ACCENTURE PLC-CL A COM G1151C101 209 505 SH SOLE 0 0 505
ACME UNITED CORP COM 004816104 486 14,425 SH SOLE 0 0 14,425
ADVANSIX INC COM 00773T101 1,159 24,530 SH SOLE 0 0 24,530
AFFILIATED MANAGERS GROUP COM 008252108 1,135 6,899 SH SOLE 0 0 6,899
AKAMAI TECHNOLOGIES COM 00971T101 800 6,833 SH SOLE 0 0 6,833
ALGONQUIN POWER & UTILITIES COM 015857105 473 32,700 SH SOLE 0 0 32,700
ALLIANCE DATA SYSTEMS CORP COM 018581108 1,164 17,487 SH SOLE 0 0 17,487
ALLSTATE CORP COM 020002101 8,462 71,928 SH SOLE 0 0 71,928
ALPHABET INC-CL A COM 38259P508 678 234 SH SOLE 0 0 234
ALPHABET INC-CL C COM 02079K107 15,987 5,525 SH SOLE 0 0 5,525
ALTRIA GROUP INC COM 02209S103 207 4,368 SH SOLE 0 0 4,368
AMAZON.COM INC COM 023135106 1,994 598 SH SOLE 0 0 598
AMCOR PLC COM G0250X107 2,489 207,251 SH SOLE 0 0 207,251
AMERICAN EXPRESS CO COM 025816109 7,502 45,857 SH SOLE 0 0 45,857
AMERICAS CAR-MART INC COM 03062T105 451 4,405 SH SOLE 0 0 4,405
AMGEN INCORPORATED COM 031162100 227 1,010 SH SOLE 0 0 1,010
ANALOG DEVICES INC COM 032654105 4,822 27,433 SH SOLE 0 0 27,433
AON PLC COM G0408V102 1,208 4,019 SH SOLE 0 0 4,019
APOGEE ENTERPRISES COM 037598109 452 9,385 SH SOLE 0 0 9,385
APOLLO INVESTMENT CORP COM 03761U502 1,048 81,935 SH SOLE 0 0 81,935
APPLE INC COM 037833100 2,296 12,931 SH SOLE 0 0 12,931
APPLIED MATERIALS INC COM 038222105 4,389 27,892 SH SOLE 0 0 27,892
ARES CAPITAL CORP COM 04010L103 4,117 194,289 SH SOLE 0 0 194,289
ARGAN INC COM 04010E109 819 21,180 SH SOLE 0 0 21,180
ASSOCIATED BANC-CORP COM 045487105 766 33,895 SH SOLE 0 0 33,895
ASSURANT INC COM 04621X108 795 5,100 SH SOLE 0 0 5,100
ATLAS AIR WORLDWIDE HOLDINGS COM 049164205 6,268 66,595 SH SOLE 0 0 66,595
AUTOMATIC DATA PROCESSING COM 053015103 347 1,407 SH SOLE 0 0 1,407
AVNET INC COM 053807103 1,560 37,825 SH SOLE 0 0 37,825
BANK OF AMERICA CORP COM 060505104 1,194 26,843 SH SOLE 0 0 26,843
BANK OF NY MELLON CP NEW COM 064058100 3,191 54,947 SH SOLE 0 0 54,947
BAXTER INTERNATIONAL COM 071813109 3,149 36,686 SH SOLE 0 0 36,686
BECTON DICKINSON & CO COM 075887109 410 1,630 SH SOLE 0 0 1,630
BERKSHIRE HATHAWAY B NEW CLASS COM 084670702 9,228 30,862 SH SOLE 0 0 30,862
BERKSHIRE HATHAWAY CL-A COM 084670108 451 1 SH SOLE 0 0 1
BERKSHIRE HILLS BANCORP INC COM 084680107 502 17,655 SH SOLE 0 0 17,655
BOEING CO COM 097023105 6,329 31,438 SH SOLE 0 0 31,438
BP PLC (ADR) COM 055622104 399 14,967 SH SOLE 0 0 14,967
BRISTOL-MYERS SQUIBB CO COM 110122108 3,365 53,967 SH SOLE 0 0 53,967
BROADCOM INC COM 11135F101 219 329 SH SOLE 0 0 329
BROOKFIELD ASSET MANAGEMENT IN COM 112585104 326 5,400 SH SOLE 0 0 5,400
CANADIAN PACIFIC RAILWAY LTD COM 13645T100 310 4,307 SH SOLE 0 0 4,307
CARDINAL HEALTH COM 14149Y108 794 15,420 SH SOLE 0 0 15,420
CATERPILLAR INC COM 149123101 207 1,000 SH SOLE 0 0 1,000
CENTURY BANCORP CL A COM 156432106 353 3,065 SH SOLE 0 0 3,065
CHEVRON CORPORATION COM 166764100 371 3,162 SH SOLE 0 0 3,162
CIGNA CORP COM 125523100 3,188 13,883 SH SOLE 0 0 13,883
CISCO SYSTEMS INC COM 17275R102 5,760 90,896 SH SOLE 0 0 90,896
CITIGROUP INC COM 172967424 7,225 119,643 SH SOLE 0 0 119,643
CLOROX COMPANY COM 189054109 415 2,380 SH SOLE 0 0 2,380
COCA COLA COMPANY COM 191216100 605 10,214 SH SOLE 0 0 10,214
COHEN & STEERS QUAL INC RLTY COM 19247L106 193 10,600 SH SOLE 0 0 10,600
COMCAST CORP CL A COM 20030N101 4,707 93,517 SH SOLE 0 0 93,517
COMMERCIAL METALS CO COM 201723103 4,328 119,262 SH SOLE 0 0 119,262
COMPASS MINERALS INTERNATIONAL COM 20451N101 1,931 37,808 SH SOLE 0 0 37,808
CONAGRA FOODS INC COM 205887102 1,282 37,543 SH SOLE 0 0 37,543
CONOCOPHILLIPS COM 20825C104 1,287 17,834 SH SOLE 0 0 17,834
CONSOLIDATED EDISON INC COM 209115104 591 6,925 SH SOLE 0 0 6,925
CRANE CO COM 224399105 1,542 15,154 SH SOLE 0 0 15,154
CVS INC COM 126650100 9,334 90,483 SH SOLE 0 0 90,483
DELTA AIRLINES INC COM 247361702 4,778 122,250 SH SOLE 0 0 122,250
DELUXE CORPORATION COM 248019101 798 24,851 SH SOLE 0 0 24,851
DEVON ENERGY CP NEW COM 25179M103 447 10,155 SH SOLE 0 0 10,155
DISCOVERY, INC - A COM 25470F104 803 34,092 SH SOLE 0 0 34,092
DOCUSIGN, INC COM 256163106 457 3,000 SH SOLE 0 0 3,000
DOVER CORPORATION COM 260003108 317 1,746 SH SOLE 0 0 1,746
DOW INC COM 260557103 3,202 56,445 SH SOLE 0 0 56,445
DR HORTON INC COM 23331A109 1,193 11,000 SH SOLE 0 0 11,000
DUKE ENERGY CORP NEW COM 26441C204 231 2,200 SH SOLE 0 0 2,200
E O G RESOURCES INC COM 26875P101 569 6,400 SH SOLE 0 0 6,400
ELI LILLY & CO COM 532457108 490 1,775 SH SOLE 0 0 1,775
EXXON MOBIL CORP COM 30231G102 1,227 20,057 SH SOLE 0 0 20,057
FEDEX CORPORATION COM 31428X106 8,380 32,401 SH SOLE 0 0 32,401
FIDELITY NATIONAL FINL-A COM 31620R303 1,038 19,900 SH SOLE 0 0 19,900
FIFTH THIRD BANCORP COM 316773100 658 15,110 SH SOLE 0 0 15,110
FIRST HORIZON CORPORATION COM 320517105 2,076 127,125 SH SOLE 0 0 127,125
FREQUENCY THERAPEUTICS, INC COM 35803L108 56 11,000 SH SOLE 0 0 11,000
GENERAL MILLS INC COM 370334104 953 14,150 SH SOLE 0 0 14,150
GENERAL MOTORS CO. COM 37045V100 1,001 17,075 SH SOLE 0 0 17,075
GENTEX CORP COM 371901109 1,104 31,685 SH SOLE 0 0 31,685
GENUINE PARTS CO COM 372460105 6,644 47,390 SH SOLE 0 0 47,390
GILEAD SCIENCES INC COM 375558103 1,522 20,968 SH SOLE 0 0 20,968
GOLDMAN SACHS GROUP INC COM 38141G104 8,544 22,335 SH SOLE 0 0 22,335
GROUP 1 AUTOMOTIVE COM 398905109 4,218 21,607 SH SOLE 0 0 21,607
HEIDRICK & STRUGGLES INC COM 422819102 318 7,270 SH SOLE 0 0 7,270
HELEN OF TROY LTD COM G4388N106 866 3,543 SH SOLE 0 0 3,543
HILLENBRAND INC COM 431571108 404 7,780 SH SOLE 0 0 7,780
HONEYWELL INTERNATIONAL COM 438516106 422 2,026 SH SOLE 0 0 2,026
ICONIC BRANDS INC COM 45107V306 9 18,000 SH SOLE 0 0 18,000
II-VI INC COM 902104108 1,572 23,000 SH SOLE 0 0 23,000
INTEL CORP COM 458140100 6,894 133,857 SH SOLE 0 0 133,857
INTERNATIONAL PAPER COM 460146103 4,073 86,704 SH SOLE 0 0 86,704
INTL BUSINESS MACHINES COM 459200101 3,581 26,789 SH SOLE 0 0 26,789
INVESCO S&P EQUAL WEIGHT COM 46137V357 405 2,491 SH SOLE 0 0 2,491
IRON MOUNTAIN INC COM 46284V101 1,466 28,005 SH SOLE 0 0 28,005
ISHARES MORNINGSTAR U.S. EQU COM 464287127 207 3,120 SH SOLE 0 0 3,120
ISHARES MSCI EAFE ETF COM 464287465 2,487 31,611 SH SOLE 0 0 31,611
ISHARES RUSSELL 2000 VALUE COM 464287630 855 5,148 SH SOLE 0 0 5,148
ISHARES RUSSELL 3000 INDEX COM 464287689 318 1,145 SH SOLE 0 0 1,145
ISHARES TR BARCLAYS TIPS BOND COM 464287176 721 5,583 SH SOLE 0 0 5,583
ITT INC COM 45073V108 2,700 26,423 SH SOLE 0 0 26,423
JANUS HENDERSON GROUP PLC COM G4474Y214 221 5,261 SH SOLE 0 0 5,261
JEFFERIES FINANCIAL GROUP INC COM 47233W109 915 23,590 SH SOLE 0 0 23,590
JOHNSON & JOHNSON COM 478160104 7,428 43,420 SH SOLE 0 0 43,420
JOHNSON CONTROLS INC COM G51502105 1,206 14,828 SH SOLE 0 0 14,828
JPMORGAN CHASE & CO COM 46625H100 947 5,980 SH SOLE 0 0 5,980
KIMBERLY-CLARK CORP COM 494368103 4,772 33,386 SH SOLE 0 0 33,386
KINROSS GOLD CORP NEW COM 496902404 961 165,460 SH SOLE 0 0 165,460
KNOWLES CORP COM 49926D109 849 36,380 SH SOLE 0 0 36,380
LABORATORY CRP OF AMER HLDGS COM 50540R409 1,350 4,295 SH SOLE 0 0 4,295
LANDSTAR SYSTEM INC COM 515098101 1,622 9,060 SH SOLE 0 0 9,060
LCI INDUSTRIES COM 50189K103 2,349 15,072 SH SOLE 0 0 15,072
LEGGETT & PLATT INC COM 524660107 1,741 42,297 SH SOLE 0 0 42,297
LENNAR CORP-A COM 526057104 709 6,100 SH SOLE 0 0 6,100
LIGHTNING EMOTORS, INC COM 53228T101 1,402 233,303 SH SOLE 0 0 233,303
LKQ CORP COM 501889208 9,794 163,160 SH SOLE 0 0 163,160
LOCKHEED MARTIN CORP COM 539830109 6,296 17,715 SH SOLE 0 0 17,715
LOWE'S COS INC COM 548661107 8,976 34,726 SH SOLE 0 0 34,726
LOYALTY VENTURES, INC COM 54911Q107 210 6,994 SH SOLE 0 0 6,994
M/I HOMES INC COM 55305B101 1,476 23,740 SH SOLE 0 0 23,740
MANDIANT INC COM 562662106 542 30,900 SH SOLE 0 0 30,900
MASTERCRAFT BOAT HOLDINGS, INC COM 57637H103 203 7,165 SH SOLE 0 0 7,165
MEDICAL PROPERTIES TRUST INC COM 58463J304 4,556 192,801 SH SOLE 0 0 192,801
MEDTRONIC PLC COM G5960L103 3,265 31,562 SH SOLE 0 0 31,562
MERCK & CO INC NEW COM 58933Y105 2,365 30,854 SH SOLE 0 0 30,854
METLIFE INC COM 59156R108 1,766 28,254 SH SOLE 0 0 28,254
MICROSOFT CORP COM 594918104 21,667 64,423 SH SOLE 0 0 64,423
MILLER INDS INC TENN COM NEW COM 600551204 839 25,105 SH SOLE 0 0 25,105
MKS INSTRUMENTS INC COM 55306N104 1,228 7,050 SH SOLE 0 0 7,050
MODINE MANUFACTURING CO COM 607828100 182 18,035 SH SOLE 0 0 18,035
MOHAWK INDUSTRIES INC COM 608190104 521 2,860 SH SOLE 0 0 2,860
MOTOROLA SOLUTIONS INC COM 620076307 1,203 4,428 SH SOLE 0 0 4,428
NASDAQ INC COM 631103108 247 1,175 SH SOLE 0 0 1,175
NCR CORP NEW COM 62886E108 887 22,070 SH SOLE 0 0 22,070
NEW YORK COMMUNITY BANCORP COM 649445103 1,147 93,920 SH SOLE 0 0 93,920
NOMAD FOODS LTD COM G6564A105 955 37,605 SH SOLE 0 0 37,605
NOVARTIS A G SPON ADR COM 66987V109 2,982 34,093 SH SOLE 0 0 34,093
NUTRIEN LTD COM 67077M108 313 4,157 SH SOLE 0 0 4,157
NVIDIA CORP COM 67066G104 1,229 4,180 SH SOLE 0 0 4,180
NYMOX PHARMACEUTICAL CORP COM P73398102 18 14,000 SH SOLE 0 0 14,000
OMNICOM GROUP INC COM 681919106 6,107 83,345 SH SOLE 0 0 83,345
ONEMAIN HOLDINGS, INC COM 68268W103 661 13,200 SH SOLE 0 0 13,200
ORACLE CORPORATION COM 68389X105 1,035 11,865 SH SOLE 0 0 11,865
OTTER TAIL POWER COM 689648100 300 4,200 SH SOLE 0 0 4,200
PACKAGING CORP OF AMERICA COM 695156109 231 1,700 SH SOLE 0 0 1,700
PARK HOTELS & RESORTS INC COM 700517105 663 35,102 SH SOLE 0 0 35,102
PATTERSON COS INC COM 703395103 239 8,150 SH SOLE 0 0 8,150
PAYCHEX INC COM 704326107 273 2,000 SH SOLE 0 0 2,000
PENNANTPARK INVESTMENT CORP COM 708062104 134 19,375 SH SOLE 0 0 19,375
PENTAIR PLC COM G7S00T104 244 3,335 SH SOLE 0 0 3,335
PEPSICO INC COM 713448108 619 3,561 SH SOLE 0 0 3,561
PFIZER INCORPORATED COM 717081103 9,786 165,723 SH SOLE 0 0 165,723
PIONEER NATURAL RES CO COM 723787107 850 4,676 SH SOLE 0 0 4,676
PLANTRONICS INC COM 727493108 338 11,507 SH SOLE 0 0 11,507
PNC FINANCIAL SERVICES GROUP COM 693475105 12,465 62,161 SH SOLE 0 0 62,161
PROCTER & GAMBLE COM 742718109 1,520 9,291 SH SOLE 0 0 9,291
PROGRESSIVE CORP COM 743315103 802 7,809 SH SOLE 0 0 7,809
PURE TECH HEALTH PLC COM GB00BY2Z0 396 100,000 SH SOLE 0 0 100,000
RAYTHEON TECHNOLOGIES COM 75513E101 3,279 38,103 SH SOLE 0 0 38,103
ROYAL DUTCH SHELL PLC SPONS COM 780259107 299 6,897 SH SOLE 0 0 6,897
S P D R S&P 500 COM 78462F103 3,304 6,957 SH SOLE 0 0 6,957
SABRA HEALTH CARE REIT COM 78573L106 156 11,525 SH SOLE 0 0 11,525
SAFEGUARD SCIENT INC NEW COM 786449207 168 22,800 SH SOLE 0 0 22,800
SAFETY INSURANCE GROUP INC COM 78648T100 362 4,257 SH SOLE 0 0 4,257
SALESFORCE.COM COM 79466L302 457 1,800 SH SOLE 0 0 1,800
SCH US TIPS ETF COM 808524870 403 6,401 SH SOLE 0 0 6,401
SCHLUMBERGER LTD COM 806857108 673 22,460 SH SOLE 0 0 22,460
SCHWAB US BROAD MARKET ETF COM 808524102 332 2,935 SH SOLE 0 0 2,935
SCHWAB US LARGE-CAP GROWTH COM 808524300 446 2,725 SH SOLE 0 0 2,725
SENSIENT TECHNOLOGIES CORP COM 81725T100 1,843 18,415 SH SOLE 0 0 18,415
SNAP ON INC COM 833034101 2,529 11,742 SH SOLE 0 0 11,742
SPECTRUM BRANDS HOLDINGS INC COM 84790A105 4,126 40,563 SH SOLE 0 0 40,563
SPROUTS FARMERS MARKET, INC COM 85208M102 208 7,000 SH SOLE 0 0 7,000
STAG INDUSTRIAL INC COM 85254J102 488 10,180 SH SOLE 0 0 10,180
STANDARD MOTOR PRODUCTS INC COM 853666105 1,598 30,500 SH SOLE 0 0 30,500
STRYKER CORP COM 863667101 673 2,516 SH SOLE 0 0 2,516
SUNCOR ENERGY INC NEW F COM 867224107 2,128 85,000 SH SOLE 0 0 85,000
SYLVAMO CORPORATION COM 871332102 217 7,763 SH SOLE 0 0 7,763
TAYLOR MORRISON HOME CORP COM 87724P106 804 22,986 SH SOLE 0 0 22,986
TE CONNECTIVITY LTD F COM H84989104 4,936 30,592 SH SOLE 0 0 30,592
TERRITORIAL BANCORP INC COM COM 88145X108 798 31,590 SH SOLE 0 0 31,590
TJX COMPANIES COM 872540109 1,077 14,185 SH SOLE 0 0 14,185
TRAVELERS COMPANIES INC COM 89417E109 1,032 6,596 SH SOLE 0 0 6,596
U S BANCORP DEL NEW COM 902973304 446 7,945 SH SOLE 0 0 7,945
UFP INDUSTRIES, INC COM 90278Q108 1,356 14,740 SH SOLE 0 0 14,740
UFP TECHNOLOGIES INC COM 902673102 473 6,730 SH SOLE 0 0 6,730
UNITEDHEALTH GROUP INC COM 91324P102 8,920 17,763 SH SOLE 0 0 17,763
UNIVERSAL ELECTRONICS INC COM 913483103 419 10,280 SH SOLE 0 0 10,280
VANGUARD FTSE EUROPE ETF COM 922042874 632 9,259 SH SOLE 0 0 9,259
VANGUARD TOTAL INTERNATIONAL S COM 921909768 566 8,897 SH SOLE 0 0 8,897
VERIZON COMMUNICATIONS COM 92343V104 4,163 80,126 SH SOLE 0 0 80,126
VERTEX PHARMACEUTICALS COM 92532F100 703 3,200 SH SOLE 0 0 3,200
VIACOMCBS INC COM 92556H206 938 31,095 SH SOLE 0 0 31,095
VISA INC-CLASS A COM 92826C839 2,767 12,769 SH SOLE 0 0 12,769
ZIMMER BIOMET HOLDINGS INC COM 98956P102 1,053 8,290 SH SOLE 0 0 8,290
iSHARES BARCLAYS AGGREGATE BON COM 464287226 394 3,456 SH SOLE 0 0 3,456
iSHARES MSCI EMERGING MARKET I COM 464287234 281 5,754 SH SOLE 0 0 5,754
iSHARES RUSSELL MIDCAP VALUE COM 464287473 693 5,663 SH SOLE 0 0 5,663
GOLDMAN SACHS GROUP INC PRFD COM 38143Y665 363 14,340 SH SOLE 0 0 14,340
JP MORGAN CHASE PFRD COM 48128B523 366 14,340 SH SOLE 0 0 14,340