Latest Cardinal Capital Management, Inc. Stock Portfolio

Cardinal Capital Management, Inc. Performance:

2025 Q3: 1.93%YTD: 2.77%2024: 4.31%

Performance for 2025 Q3 is 1.93%, and YTD is 2.77%, and 2024 is 4.31%.

About Cardinal Capital Management, Inc. and 13F Hedge Fund Stock Holdings

Cardinal Capital Management, Inc. is a hedge fund based in Canada. On 06-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.6 Billions. In it's latest 13F Holdings report, Cardinal Capital Management, Inc. reported an equity portfolio of $3.5 Billions as of 30 Sep, 2025.

The top stock holdings of Cardinal Capital Management, Inc. are , , . The fund has invested 4.5% of it's portfolio in GILDAN ACTIVEWEAR INC. and 4.4% of portfolio in SUNCOR ENERGY INC.

They significantly reduced their stock positions in PEPSICO INC. (PEP), STANLEY BLACK & DECKER INC. (SWK) and COMCAST CORP. CLASS A (CMCSA). Cardinal Capital Management, Inc. opened new stock positions in LVMH MOET HENNESSY LOUIS VUITTON ADR, TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. (TSM) and ENTERGY CORP. (ETR). The fund showed a lot of confidence in some stocks as they added substantially to CARRIER GLOBAL CORP. (CARR), US BANCORP (USB) and INTACT FINANCIAL CORP.

Cardinal Capital Management, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Cardinal Capital Management, Inc. made a return of 1.93% in the last quarter. In trailing 12 months, it's portfolio return was 1.66%.

New Buys

Ticker	$ Bought
lvmh moet hennessy louis vuitton adr	22,238,500
taiwan semiconductor manufacturing co. ltd.	19,648,600
entergy corp.	12,005,700
emera inc.	10,502,600
the north west co inc.	6,693,600
exchange income corp.	2,638,360
agnico-eagle mines ltd.	245,216
pnc financial services group inc.	200,930

New stocks bought by Cardinal Capital Management, Inc.

Additions

Ticker	% Inc.
carrier global corp.	9,447
us bancorp	698
intact financial corp	18.92
jpmorgan chase & co.	13.73
canadian pacific kansas city ltd.	11.63
microsoft corp.	10.06
fortis inc./canada	9.29
merck & co. inc.	8.98

Additions to existing portfolio by Cardinal Capital Management, Inc.

Reductions

Ticker	% Reduced
pepsico inc.	-97.02
stanley black & decker inc.	-96.66
comcast corp. class a	-81.02
sony group corp. - adr	-60.08
canadian tire corp. ltd. - class a	-7.92
iberdrola sa-sponsored adr	-5.94
granite real estate investment trust	-3.47
nutrien ltd.	-2.27

Cardinal Capital Management, Inc. reduced stake in above stock

Sold off

None of the stocks were completely sold off by Cardinal Capital Management, Inc.

Sector Distribution

Cardinal Capital Management, Inc. has about 72.9% of it's holdings in Others sector.

Sector	%
Others	72.9
Industrials	7.4
Technology	4.4
Energy	4.2
Healthcare	3.6
Consumer Cyclical	2.1
Financial Services	1.7
Utilities	1.3
Communication Services	1.2

Market Cap. Distribution

Cardinal Capital Management, Inc. has about 27.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	72.9
LARGE-CAP	20.9
MEGA-CAP	6.3

Stocks belong to which Index?

About 20.1% of the stocks held by Cardinal Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	79.9
S&P 500	20.1

Top 5 Winners (%)		%
CMI	cummins inc.	28.9 %
ORCL	oracle corp.	28.6 %
URI	united rentals inc.	26.4 %
ABBV	abbvie inc.	24.5 %
AAPL	apple inc.	24.1 %

Top 5 Winners ($)		$
ENB	enbridge inc.	13.4 M
CMI	cummins inc.	10.2 M
ORCL	oracle corp.	8.8 M
ABBV	abbvie inc.	8.8 M
URI	united rentals inc.	8.2 M

Top 5 Losers (%)		%
TXN	texas instruments inc.	-11.2 %
CDW	cdw corp/de	-10.7 %
HON	honeywell international inc.	-9.4 %
BKNG	booking holdings inc.	-6.7 %
CP	canadian pacific kansas city ltd.	-5.5 %

Top 5 Losers ($)		$
CP	canadian pacific kansas city ltd.	-6.5 M
HON	honeywell international inc.	-2.9 M
BKNG	booking holdings inc.	-2.7 M
CDW	cdw corp/de	-1.4 M
APD	air products & chemicals inc.	-1.1 M

Cardinal Capital Management, Inc. Holdings Map

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

Current Stock Holdings of Cardinal Capital Management, Inc.

Cardinal Capital Management, Inc. has 77 stocks in it's portfolio. About 41.8% of the portfolio is in top 10 stocks. CP proved to be the most loss making stock for the portfolio. ENB was the most profitable stock for Cardinal Capital Management, Inc. last quarter.

Last Reported on: 03 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc.	0.01	1,085	276,274	unchanged	0.00

ABBV	abbvie inc.	1.28	192,068	44,471,400	added	0.68

ADI	analog devices inc.	0.01	1,215	298,526	added	2.1

AMAT	applied materials inc.	1.23	207,674	42,519,200	added	1.28

AMGN	amgen inc.	0.01	850	239,870	unchanged	0.00

APD	air products & chemicals inc.	0.95	120,233	32,789,900	added	1.59

AVGO	broadcom inc.	0.92	96,165	31,725,800	reduced	-0.87

BAC	bank of america corp.	0.01	7,570	390,536	added	4.2

BDX	becton dickinson and co.	0.78	143,928	26,939,000	added	4.44

BKNG	booking holdings inc.	1.09	6,972	37,643,700	added	0.42

CARR	carrier global corp.	0.64	368,549	22,002,400	added	9,447

CDW	cdw corp/de	0.34	72,985	11,625,100	added	1.45

CMCSA	comcast corp. class a	0.01	8,070	253,559	reduced	-81.02

CMI	cummins inc.	1.31	107,510	45,409,000	added	0.17

COP	conocophillips	0.36	131,443	12,433,200	added	5.98

CP	canadian pacific kansas city ltd.	3.22	1,494,130	111,349,000	added	11.63

ENB	enbridge inc.	3.82	2,619,950	132,258,000	added	0.55

EQIX	equinix inc.	0.37	16,218	12,702,600	added	0.15

ETR	entergy corp.	0.35	128,830	12,005,700	new

GPN	global payments inc.	0.24	100,286	8,331,760	reduced	-2.05