Cardinal Capital Management, Inc.

hedge fundUpdated 62 days ago

Managed by Cardinal Capital Management, Inc. • Latest filing Q2 2026

Portfolio value

$4.1B

Q2 2026

Filings

13

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

27.5%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 13 quarters

Show data table

Period	Portfolio value
Q2 2023	$2B
Q3 2023	$1.9B
Q4 2023	$2.1B
Q1 2024	$2.3B
Q2 2024	$2.6B
Q3 2024	$2.4B
Q4 2024	$2.9B
Q1 2025	$2.9B
Q2 2025	$3.2B
Q3 2025	$3.5B
Q4 2025	$4.5B
Q1 2026	$3.7B
Q2 2026	$4.1B

Top holdings

71 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	M MNUFF Manulife Financial Corp.	$189.4M	4.68M	4.58%	Added(+0.1%)
2	R RYLBF Royal Bank of Canada	$184.5M	892.5K	4.46%	Trimmed(-0.4%)
3	O OILD Bank of Montreal	$176.3M	999.3K	4.26%	Trimmed(-0.5%)
4	C CNDIF Canadian Imperial Bank of Commerce	$176.2M	1.53M	4.26%	Trimmed(-1.5%)
5	B BNS Bank of Nova Scotia	$175.1M	2.02M	4.24%	Trimmed(-0.2%)
6	S SU Suncor Energy Inc.	$169.1M	3.15M	4.09%	Trimmed(-10.3%)
7	T TRPRF TC Energy Corp.	$168.8M	2.55M	4.08%	Added(+0.8%)
8	P PPLAF Pembina Pipeline Corp.	$167.8M	3.63M	4.06%	Added(+18927.2%)
9	G GIL Gildan Activewear Inc.	$155.7M	3.03M	3.77%	Added(+17.0%)
10	? N/A Intact Financial Corp	$149.7M	726.6K	3.62%	Added(+15.1%)
11	C CNI Canadian National Railway Co.	$149.4M	1.25M	3.61%	Added(+5.8%)
12	C CP Fortis Inc./Canada	$146.5M	1.69M	3.54%	Added(+1.4%)
13	? N/A Canadian Tire Corp. Ltd. - Class A	$138.8M	1.01M	3.36%	Added(+0.6%)
14	B BXDIF Brookfield Corp.	$138.3M	3.25M	3.35%	Added(+2.5%)
15	? N/A CCL Industries Inc.	$137M	2.10M	3.31%	Added(+10.7%)
16	S SAPIF Saputo Inc.	$120.1M	4.15M	2.90%	Trimmed(-25.6%)
17	? N/A National Bank of Canada	$117.7M	746.7K	2.85%	Trimmed(-1.6%)
18	E ELEEF Element Fleet Management Corp.	$102.5M	4.98M	2.48%	Added(+24.8%)
19	S SUNFF Sun Life Financial Inc.	$91.6M	1.17M	2.22%	Added(+4.8%)
20	A AMAT Applied Materials Inc.	$73.5M	101.7K	1.78%	Trimmed(-45.8%)

M

Manulife Financial Corp.

+0.1%

Value

$189.4M

Shares

4.68M

% Port

4.58%

R

Royal Bank of Canada

-0.4%

Value

$184.5M

Shares

892.5K

% Port

4.46%

O

Bank of Montreal

-0.5%

Value

$176.3M

Shares

999.3K

% Port

4.26%

C

Canadian Imperial Bank of Commerce

-1.5%

Value

$176.2M

Shares

1.53M

% Port

4.26%

B

Bank of Nova Scotia

-0.2%

Value

$175.1M

Shares

2.02M

% Port

4.24%

S

6.SU

Suncor Energy Inc.

-10.3%

Value

$169.1M

Shares

3.15M

% Port

4.09%

T

TC Energy Corp.

+0.8%

Value

$168.8M

Shares

2.55M

% Port

4.08%

P

Pembina Pipeline Corp.

+18927.2%

Value

$167.8M

Shares

3.63M

% Port

4.06%

G

Gildan Activewear Inc.

+17.0%

Value

$155.7M

Shares

3.03M

% Port

3.77%

?

10.N/A

Intact Financial Corp

+15.1%

Value

$149.7M

Shares

726.6K

% Port

3.62%

C

11.CNI

Canadian National Railway Co.

+5.8%

Value

$149.4M

Shares

1.25M

% Port

3.61%

C

12.CP

Fortis Inc./Canada

+1.4%

Value

$146.5M

Shares

1.69M

% Port

3.54%

?

13.N/A

Canadian Tire Corp. Ltd. - Class A

+0.6%

Value

$138.8M

Shares

1.01M

% Port

3.36%

B

Brookfield Corp.

+2.5%

Value

$138.3M

Shares

3.25M

% Port

3.35%

?

15.N/A

CCL Industries Inc.

+10.7%

Value

$137M

Shares

2.10M

% Port

3.31%

S

Saputo Inc.

-25.6%

Value

$120.1M

Shares

4.15M

% Port

2.90%

?

17.N/A

National Bank of Canada

-1.6%

Value

$117.7M

Shares

746.7K

% Port

2.85%

E

Element Fleet Management Corp.

+24.8%

Value

$102.5M

Shares

4.98M

% Port

2.48%

S

Sun Life Financial Inc.

+4.8%

Value

$91.6M

Shares

1.17M

% Port

2.22%

A

Applied Materials Inc.

-45.8%

Value

$73.5M

Shares

101.7K

% Port

1.78%

View full portfolio (71 holdings) →

Explore

All funds Consensus buys Trending this quarter Compare portfolios What is a 13F?Filing deadlines