Cardinal Capital Management
Sector Allocation
- Technology25.2%$217.4M
- Healthcare24.1%$207.9M
- Financials13.4%$115.2M
- Industrials11.7%$100.3M
- Consumer Staples8.6%$73.6M
- Energy7.5%$65.0M
- Consumer Discretionary5.8%$49.7M
- Materials2.7%$23.0M
- Other0.5%$4.6M
- Communication Services0.5%$4.5M
AUM History
13fpro.ai/research/fund/cardinal-capital-management-1434845
Conviction and streaks
Stable · top 10 = 27.3%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q3 2026
LLY
$30.8MJNJ
$30.7MAAPL
$28.9MMSFT
$26.1MGOOGL
$22.2MBNY
$19.6MJPM
$19.5MXOM.R34088
$19.1MCOST
$19.0MDE
$19.0MCSCO
$17.1MWMT
$16.4MMRK
$14.6MEMR
$14.2MA
$13.4MQCOM
$13.3MKEYS
$12.4MLH
$12.4MECL
$12.3MADP
$12.1M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/cardinal-capital-management-1434845
Cardinal Capital Management 13F holdings — Q3 2026
$861.2M portfolio (+4.2% QoQ) · 140 holdings · Q3 2026 13F · top 10 are 27% of the stock portfolio
$30.8M
3.6% of stocks
+0.4%This quarter+0.7%Since filed11+ qtrsHeld$30.7M
3.6% of stocks
+1%This quarter+3.3%Since filed11+ qtrsHeld$28.9M
3.4% of stocks
+0.4%This quarter-0.0%Since filed11+ qtrsHeld$26.1M
3.0% of stocks
+1%This quarter-0.1%Since filed11+ qtrsHeld$22.2M
2.6% of stocks
+1%This quarter-5.1%Since filed11+ qtrsHeld$19.6M
2.3% of stocks
+0.2%This quarter+0.9%Since filed11+ qtrsHeld$19.5M
2.3% of stocks
+0.7%This quarter-0.3%Since filed11+ qtrsHeld$19.1M
2.2% of stocks
+2%This quarter—Since filed11+ qtrsHeld$19.0M
2.2% of stocks
+1%This quarter+0.7%Since filed11+ qtrsHeld$19.0M
2.2% of stocks
+2%This quarter+0.7%Since filed11+ qtrsHeld
All holdings — Cardinal Capital Management (Q3 2026)
140 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | CISCO SYSTEMS, INC. | Technology | $17.1M | 2.0% | 159K | +2% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | Walmart Inc. | Consumer Staples | $16.4M | 1.9% | 158K | +3% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | Merck & Co., Inc. | Healthcare | $14.6M | 1.7% | 100K | +4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | EMERSON ELECTRIC CO | Industrials | $14.2M | 1.6% | 92K | +4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | AGILENT TECHNOLOGIES, INC. | Healthcare | $13.4M | 1.6% | 78K | +4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | QUALCOMM INC/DE | Technology | $13.3M | 1.6% | 72K | +4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Keysight Technologies, Inc. | Technology | $12.4M | 1.4% | 34K | +3% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | LABCORP HOLDINGS INC. | Healthcare | $12.4M | 1.4% | 40K | +5% | 10 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | ECOLAB INC. | Materials | $12.3M | 1.4% | 45K | +4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | AUTOMATIC DATA PROCESSING INC | Technology | $12.1M | 1.4% | 47K | +4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | CONOCOPHILLIPS | Energy | $12.0M | 1.4% | 96K | +5% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | ILLINOIS TOOL WORKS INC | Industrials | $11.7M | 1.4% | 45K | +4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | CUMMINS INC | Industrials | $11.1M | 1.3% | 21K | +3% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | INTERNATIONAL BUSINESS MACHINES CORP | Technology | $10.4M | 1.2% | 47K | +6% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | TRUIST FINANCIAL CORP | Financials | $10.1M | 1.2% | 218K | +5% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $STT | STATE STREET CORP | Financials | $9.8M | 1.1% | 56K | +2% | |||
| 27 | $LOW | LOWES COMPANIES INC | Consumer Discretionary | $9.4M | 1.1% | 51K | +5% | |||
| 28 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $9.4M | 1.1% | 64K | +8% | |||
| 29 | $MMM | 3M CO | Healthcare | $9.4M | 1.1% | 57K | +5% | |||
| 30 | $SBUX | STARBUCKS CORP | Consumer Discretionary | $9.2M | 1.1% | 98K | +4% | |||
| 31 | $HAS | HASBRO, INC. | Consumer Discretionary | $9.2M | 1.1% | 104K | +5% | |||
| 32 | $FFIV | F5, INC. | Technology | $9.0M | 1.1% | 20K | +4% | |||
| 33 | $TROW | PRICE T ROWE GROUP INC | Financials | $8.1M | 0.9% | 78K | +7% | |||
| 34 | $NFG | NATIONAL FUEL GAS CO | Energy | $8.1M | 0.9% | 106K | +5% | |||
| 35 | $MDT | Medtronic plc | Healthcare | $8.0M | 0.9% | 92K | +9% | |||
| 36 | $RY | ROYAL BANK OF CANADA | Financials | $7.9M | 0.9% | 40K | +2% | |||
| 37 | $ODC | Oil-Dri Corp of America | Consumer Discretionary | $7.9M | 0.9% | 87K | -0.1% | |||
| 38 | $IDXX | IDEXX LABORATORIES INC /DE | Healthcare | $7.8M | 0.9% | 15K | +6% | |||
| 39 | $KO | COCA COLA CO | Consumer Staples | $7.5M | 0.9% | 87K | +4% | |||
| 40 | $PSX | Phillips 66 | Energy | $7.5M | 0.9% | 29K | +4% | |||
| 41 | $NVS | NOVARTIS AG | Healthcare | $7.2M | 0.8% | 51K | +2% | |||
| 42 | $BMY | BRISTOL MYERS SQUIBB CO | Healthcare | $6.9M | 0.8% | 110K | +5% | |||
| 43 | $REGN | REGENERON PHARMACEUTICALS, INC. | Healthcare | $6.6M | 0.8% | 8,713 | +4% | |||
| 44 | $BDX | BECTON DICKINSON & CO | Healthcare | $6.6M | 0.8% | 37K | +8% | |||
| 45 | $UTHR | UNITED THERAPEUTICS Corp | Healthcare | $6.5M | 0.8% | 12K | +0.5% | |||
| 46 | $BNS | BANK OF NOVA SCOTIA | Financials | $5.9M | 0.7% | 65K | +4% | |||
| 47 | $SAP | SAP SE | Technology | $5.9M | 0.7% | 28K | +3% | |||
| 48 | $MKC | MCCORMICK & CO INC | Consumer Staples | $5.7M | 0.7% | 123K | +8% | |||
| 49 | $CW | CURTISS WRIGHT CORP | Industrials | $5.6M | 0.7% | 10K | +1% | |||
| 50 | $SHEL | Shell plc | Energy | $5.6M | 0.7% | 59K | +2% | |||
| 51 | $TD | TORONTO DOMINION BANK | Financials | $5.5M | 0.6% | 47K | +2% | |||
| 52 | $FDX | FEDEX CORP | Industrials | $5.5M | 0.6% | 19K | +5% | |||
| 53 | $DXCM | DEXCOM INC | Healthcare | $5.2M | 0.6% | 60K | +6% | |||
| 54 | $SYNA | SYNAPTICS Inc | Technology | $5.1M | 0.6% | 51K | +2% | |||
| 55 | $USLM | UNITED STATES LIME & MINERALS INC | Materials | $5.1M | 0.6% | 45K | +0.5% | |||
| 56 | $PLPC | PREFORMED LINE PRODUCTS CO | Energy | $5.0M | 0.6% | 12K | +1.0% | |||
| 57 | $CACI | CACI INTERNATIONAL INC /DE/ | Technology | $5.0M | 0.6% | 8,167 | +3% | |||
| 58 | $TM | TOYOTA MOTOR CORP/ | Consumer Discretionary | $4.8M | 0.6% | 26K | +6% | |||
| 59 | $IDCC | InterDigital, Inc. | Technology | $4.8M | 0.6% | 15K | +0.7% | |||
| 60 | $GOOG | Alphabet Inc. | Technology | $4.7M | 0.6% | 14K | -0.1% | |||
| 61 | $TDY | TELEDYNE TECHNOLOGIES INC | Technology | $4.7M | 0.6% | 7,762 | +2% | |||
| 62 | $RJF | RAYMOND JAMES FINANCIAL INC | Financials | $4.6M | 0.5% | 29K | +2% | |||
| 63 | $PEP | PEPSICO INC | Consumer Staples | $4.5M | 0.5% | 36K | +5% | |||
| 64 | $BCPC | BALCHEM CORP | Healthcare | $4.5M | 0.5% | 27K | +3% | |||
| 65 | $LSTR | LANDSTAR SYSTEM INC | Industrials | $4.4M | 0.5% | 26K | +3% | |||
| 66 | $AGX | ARGAN INC | Industrials | $4.2M | 0.5% | 11K | +0.9% | |||
| 67 | $SNA | Snap-on Inc | Industrials | $4.2M | 0.5% | 11K | +2% | |||
| 68 | $TTE | TotalEnergies SE | Energy | $4.1M | 0.5% | 47K | +4% | |||
| 69 | $PFE | PFIZER INC | Healthcare | $3.8M | 0.5% | 135K | +8% | |||
| 70 | $GIS | GENERAL MILLS INC | Consumer Staples | $3.8M | 0.4% | 118K | +14% | |||
| 71 | $PAHC | PHIBRO ANIMAL HEALTH CORP | Healthcare | $3.7M | 0.4% | 104K | +4% | |||
| 72 | $ESLT | ELBIT SYSTEMS LTD | Industrials | $3.7M | 0.4% | 5,352 | +4% | |||
| 73 | $BSAC | BANCO SANTANDER CHILE | Financials | $3.6M | 0.4% | 109K | +4% | |||
| 74 | $JAZZ | Jazz Pharmaceuticals plc | Healthcare | $3.6M | 0.4% | 16K | +5% | |||
| 75 | $SNY | Sanofi | Healthcare | $3.6M | 0.4% | 86K | +7% | |||
| 76 | $SR | SPIRE INC | Energy | $3.5M | 0.4% | 46K | +4% | |||
| 77 | $CRL | CHARLES RIVER LABORATORIES INTERNATIONAL, INC. | Healthcare | $3.5M | 0.4% | 12K | +5% | |||
| 78 | $IT | GARTNER INC | Technology | $3.5M | 0.4% | 18K | +5% | |||
| 79 | $VEEV | VEEVA SYSTEMS INC | Technology | $3.4M | 0.4% | 12K | +24% | |||
| 80 | $DLB | Dolby Laboratories, Inc. | Financials | $3.4M | 0.4% | 57K | +5% | |||
| 81 | $HALO | HALOZYME THERAPEUTICS, INC. | Healthcare | $3.3M | 0.4% | 30K | +6% | |||
| 82 | $GSK | GSK plc | Healthcare | $3.2M | 0.4% | 66K | +6% | |||
| 83 | $KE | Kimball Electronics, Inc. | Technology | $3.1M | 0.4% | 114K | +5% | |||
| 84 | $HBAN | HUNTINGTON BANCSHARES INC /MD/ | Financials | $3.1M | 0.4% | 200K | +4% | |||
| 85 | $CFR | CULLEN/FROST BANKERS, INC. | Financials | $3.1M | 0.4% | 20K | +4% | |||
| 86 | $CRUS | CIRRUS LOGIC, INC. | Technology | $3.1M | 0.4% | 26K | +5% | |||
| 87 | $MORN | Morningstar, Inc. | Financials | $3.0M | 0.3% | 16K | +6% | |||
| 88 | $BMI | BADGER METER INC | Technology | $2.9M | 0.3% | 24K | +5% | |||
| 89 | $JKHY | JACK HENRY & ASSOCIATES INC | Technology | $2.9M | 0.3% | 20K | +5% | |||
| 90 | $FNB | FNB CORP/PA/ | Financials | $2.8M | 0.3% | 162K | +6% | |||
| 91 | $HAE | HAEMONETICS CORP | Healthcare | $2.8M | 0.3% | 26K | +6% | |||
| 92 | $ENS | EnerSys | Technology | $2.7M | 0.3% | 15K | +7% | |||
| 93 | $UPS | UNITED PARCEL SERVICE INC | Industrials | $2.6M | 0.3% | 28K | +9% | |||
| 94 | $UL | UNILEVER PLC | Consumer Staples | $2.6M | 0.3% | 42K | +7% | |||
| 95 | $UNB | UNION BANKSHARES INC | Financials | $2.6M | 0.3% | 112K | +7% | |||
| 96 | $TMP | TOMPKINS FINANCIAL CORP | Financials | $2.6M | 0.3% | 27K | +6% | |||
| 97 | $WLY | JOHN WILEY & SONS, INC. | Communication Services | $2.5M | 0.3% | 53K | +5% | |||
| 98 | $OZK | Bank OZK | Other | $2.5M | 0.3% | 54K | +5% | |||
| 99 | $GGG | GRACO INC | Industrials | $2.5M | 0.3% | 32K | +6% | |||
| 100 | $Q | Qnity Electronics, Inc. | Technology | $2.3M | 0.3% | 18K | +6% | |||
| 101 | $LNN | LINDSAY CORP | Industrials | $2.2M | 0.3% | 20K | +7% | |||
| 102 | $UTMD | UTAH MEDICAL PRODUCTS INC | Healthcare | $2.2M | 0.3% | 29K | +9% | |||
| 103 | $CTVA | Corteva, Inc. | Consumer Staples | $2.2M | 0.3% | 28K | +4% | |||
| 104 | $NXPI | NXP Semiconductors N.V. | Technology | $2.1M | 0.3% | 8,994 | +5% | |||
| 105 | $NVO | NOVO NORDISK A S | Healthcare | $2.1M | 0.3% | 56K | +12% | |||
| 106 | $ALRM | Alarm.com Holdings, Inc. | Technology | $2.1M | 0.3% | 39K | +5% | |||
| 107 | $MHK | MOHAWK INDUSTRIES INC | Consumer Discretionary | $2.1M | 0.3% | 17K | +6% | |||
| 108 | $WOR | WORTHINGTON ENTERPRISES, INC. | Materials | $2.0M | 0.2% | 34K | +7% | |||
| 109 | $RCI | ROGERS COMMUNICATIONS INC | Communication Services | $2.0M | 0.2% | 63K | +8% | |||
| 110 | $WAT | WATERS CORP /DE/ | Healthcare | $1.9M | 0.2% | 4,422 | +4% | |||
| 111 | $VC | VISTEON CORP | Industrials | $1.9M | 0.2% | 22K | +6% | |||
| 112 | $GNTX | GENTEX CORP | Industrials | $1.9M | 0.2% | 87K | +8% | |||
| 113 | $YETI | YETI Holdings, Inc. | Consumer Discretionary | $1.9M | 0.2% | 46K | +8% | |||
| 114 | $HSIC | HENRY SCHEIN INC | Healthcare | $1.8M | 0.2% | 22K | +12% | |||
| 115 | $CALM | CAL-MAINE FOODS INC | Consumer Staples | $1.8M | 0.2% | 26K | +10% | |||
| 116 | $ALC | ALCON INC | Healthcare | $1.7M | 0.2% | 27K | +11% | |||
| 117 | $HUBG | Hub Group, Inc. | Industrials | $1.7M | 0.2% | 58K | +6% | |||
| 118 | $LZB | LA-Z-BOY INC | Consumer Discretionary | $1.7M | 0.2% | 57K | +8% | |||
| 119 | $FDS | FACTSET RESEARCH SYSTEMS INC | Technology | $1.6M | 0.2% | 6,105 | New | |||
| 120 | $IIIN | INSTEEL INDUSTRIES INC | Materials | $1.6M | 0.2% | 54K | +7% | |||
| 121 | $OFLX | Omega Flex, Inc. | Industrials | $1.5M | 0.2% | 60K | +11% | |||
| 122 | $OLED | UNIVERSAL DISPLAY CORP \PA\ | Technology | $1.5M | 0.2% | 20K | +11% | |||
| 123 | $AOS | SMITH A O CORP | Technology | $1.5M | 0.2% | 26K | +10% | |||
| 124 | $CHKP | CHECK POINT SOFTWARE TECHNOLOGIES LTD | Technology | $1.4M | 0.2% | 11K | +16% | |||
| 125 | $MIDD | MIDDLEBY Corp | Industrials | $1.3M | 0.2% | 13K | +11% | |||
| 126 | $TSCO | TRACTOR SUPPLY CO /DE/ | Consumer Discretionary | $1.3M | 0.1% | 41K | New | |||
| 127 | $AMCR | Amcor plc | Consumer Discretionary | $1.2M | 0.1% | 29K | +12% | |||
| 128 | $AMZN | AMAZON COM INC | Consumer Discretionary | $1.2M | 0.1% | 4,648 | +4% | |||
| 129 | $WS | Worthington Steel, Inc. | Materials | $1.2M | 0.1% | 33K | +14% | |||
| 130 | $FDXF | FedEx Freight Holding Company, Inc. | Industrials | $1.1M | 0.1% | 10K | +14% | |||
| 131 | $INTC | INTEL CORP | Technology | $964K | 0.1% | 8,018 | -1% | |||
| 132 | $DD | DuPont de Nemours, Inc. | Materials | $943K | 0.1% | 7,260 | +40% | |||
| 133 | — | ISHARES TR - ISHS 1-5YR INVS | — | $649K | 0.1% | 13K | -8% | |||
| 134 | $HLN | Haleon plc | Consumer Staples | $559K | 0.1% | 62K | +22% | |||
| 135 | $SPY | SPDR S&P 500 ETF TRUST | — | $554K | 0.1% | 724 | +12% | |||
| 136 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Technology | $482K | 0.1% | 1,054 | — | |||
| 137 | — | ISHARES TR - MSCI EAFE ETF | — | $378K | 0.0% | 3,637 | +9% | |||
| 138 | — | ISHARES TR - RUSSELL 2000 ETF | — | $293K | 0.0% | 1,055 | -2% | |||
| 139 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | — | $208K | 0.0% | 297 | — | |||
| 140 | $MICC | Magnum Ice Cream Co N.V. | Consumer Staples | $172K | 0.0% | 9,691 | New |
What changed in Q3 2026
Against the previous quarter's 13F: 3 new, 130 added to, 5 trimmed, 1 sold out. Share-count changes; largest moves by dollar size first.
New positions (3)
Added to (130)
$PGPROCTER & GAMBLE Co+8%
now $9.4M · held 11+ qtrs
$VEEVVEEVA SYSTEMS INC+24%
now $3.4M · held 11+ qtrs
$MDTMedtronic plc+9%
now $8.0M · held 11+ qtrs, 2 adds in a row
$IBMINTERNATIONAL BUSINESS MACHINES CORP+6%
now $10.4M · held 11+ qtrs
now $12.4M · held 10 qtrs
$COPCONOCOPHILLIPS+5%
now $12.0M · held 11+ qtrs
+124 more in the Excel export
Trimmed (5)
Sold out (1)
$WBSWEBSTER FINANCIAL CORPwas $4.2M
held 10+ qtrs
Holdings by quarter
Every 13F Cardinal Capital Management has filed, 38 earlier quarters. Pick one to see what it held then.
Is it too late to follow Cardinal Capital Management?
Q3 2026 13F filed with the SEC on Oct 21, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Cardinal Capital Management's top 20 holdings: 70/100 (our AI quality score, weighted by position size; 20 of the 20 are scored)
Top 10 since filing
+0.2%
Value-weighted move of the 10 largest stock positions
Turnover
1%
Last quarter; 6% over the last 4
Top 10 weight
27%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
99%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Cardinal Capital Management disclosed 140 positions worth $861.2M in its Form 13F-HR for Q3 2026, led by $LLY (ELI LILLY & Co) at 3.6% of the equity portfolio, followed by $JNJ and $AAPL. During the quarter the fund opened 3 new positions and exited 1 — including a new stake in $FDS and a full exit from $WBS. The portfolio is most concentrated in Technology (25.2% of disclosed assets). All figures are sourced directly from Cardinal Capital Management’s Form 13F-HR filing with the SEC under CIK 1434845.
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AI-Powered Hedge Fund Analysis: Cardinal Capital Management
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