Cardinal Capital Management, Inc.
Net seller this quarter
$4.13B
63
-$25.4M
41.4%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 MFC | $189M | 4.58% | Not reported | +0.1% | Q3 2015 |
 RY | $184M | 4.46% | 0.06% | -0.4% | Q1 2014 |
 BMO | $176M | 4.26% | 0.14% | -0.5% | Q1 2014 |
 CM | $176M | 4.26% | 0.17% | -1.5% | Q1 2014 |
 BNS | $175M | 4.24% | 0.16% | -0.2% | Q1 2014 |
 SU | $169M | 4.09% | 0.26% | -10.3% | Q1 2014 |
 TRP | $169M | 4.08% | Not reported | +0.8% | Q2 2019 |
 PBA | $168M | 4.06% | 0.63% | +2.2% | Q3 2019 |
 GIL | $156M | 3.77% | 1.63% | +17.0% | Q1 2017 |
| IFC | $150M | 3.62% | Not reported | +15.1% | Q4 2017 |
 CNI | $149M | 3.61% | 0.20% | +5.8% | Q1 2014 |
 CP | $147M | 3.56% | 0.19% | +1.9% | Q4 2019 |
 BN | $138M | 3.35% | Not reported | +2.6% | Q2 2023 |
 CCL | $137M | 3.31% | 0.15% | +10.7% | Q2 2024 |
| SAPIF | $120M | 2.90% | Not reported | -25.7% | Q4 2024 |
| ELEEF | $103M | 2.48% | Not reported | +24.8% | Q2 2024 |
 SLF | $91.6M | 2.22% | Not reported | -47.6% | Q1 2014 |
 AMAT | $73.5M | 1.78% | 0.01% | -45.8% | Q3 2020 |
 ABBV | $68.9M | 1.67% | 0.02% | +8.4% | Q4 2019 |
 CMI | $68.3M | 1.65% | 0.07% | -0.2% | Q1 2022 |
 URI | $56.2M | 1.36% | 0.08% | +11.6% | Q3 2024 |
 TSM | $51.4M | 1.24% | 0.00% | +2.7% | Q1 2014 |
 SIEB | $47.2M | 1.14% | 0.71% | +1.9% | Q1 2014 |
| EIF | $45.4M | 1.10% | Not reported | Not reported | Q3 2025 |
 NXPI | $44.8M | 1.08% | 0.06% | +2.2% | Q1 2024 |
 HD | $42.4M | 1.02% | 0.01% | +26.4% | Q3 2021 |
 CARR | $42.2M | 1.02% | 0.07% | +7.1% | Q2 2025 |
 V | $40.6M | 0.98% | 0.01% | Not reported | Q3 2016 |
 APD | $40.5M | 0.98% | 0.06% | +7.3% | Q1 2024 |
 WFC | $38.7M | 0.94% | 0.02% | +1.2% | Q1 2014 |
 NEE | $38.5M | 0.93% | 0.02% | +1.0% | Q2 2015 |
 ETR | $37.2M | 0.90% | 0.07% | +8.2% | Q3 2025 |
 BKNG | $36.7M | 0.89% | 0.03% | +2.5% | Q2 2024 |
 AVGO | $33.4M | 0.81% | 0.00% | +18.4% | Q2 2021 |
 TEL | $31.5M | 0.76% | 0.05% | New | Q2 2026 |
 MSFT | $29.8M | 0.72% | 0.00% | +4.1% | Q1 2014 |
 NTR | $28.3M | 0.68% | 0.08% | -5.2% | Q2 2018 |
 BDX | $27M | 0.65% | 0.07% | +6.6% | Q1 2014 |
 UL | $26.6M | 0.64% | 0.02% | +6.3% | Q1 2014 |
 MRK | $26.5M | 0.64% | 0.01% | -0.5% | Q2 2018 |
 MDT | $25.8M | 0.62% | 0.03% | +5.9% | Q1 2014 |
 ENB | $22.7M | 0.55% | 0.02% | -3.2% | Q3 2015 |
 USB | $19.7M | 0.48% | 0.02% | +5.4% | Q1 2014 |
 HON | $18.4M | 0.44% | 0.03% | +16.0% | Q1 2014 |
 EQIX | $17.9M | 0.43% | 0.02% | 0.0% | Q4 2023 |
 COP | $14.4M | 0.35% | 0.01% | +0.7% | Q4 2023 |
 SAP | $14M | 0.34% | 0.01% | +1.0% | Q3 2014 |
 EMA | $11.8M | 0.29% | 0.08% | +0.9% | Q4 2017 |
 AJG | $10M | 0.24% | 0.02% | +1.3% | Q1 2026 |
| NNWWF | $8.34M | 0.20% | Not reported | Not reported | Q1 2025 |
| Q1 2026 | |||||
| SU | $231M | 6.24% | 0.29% | +0.3% | Q1 2014 |
| SAPIF | $174M | 4.69% | Not reported | +1.1% | Q4 2024 |
| MFC | $161M | 4.33% | Not reported | +2.3% | Q3 2015 |
| PBA | $159M | 4.27% | 0.61% | +8.6% | Q3 2019 |
| TRP | $158M | 4.26% | Not reported | +5.8% | Q2 2019 |
| CM | $147M | 3.96% | 0.17% | -10.4% | Q1 2014 |
| RY | $144M | 3.89% | 0.06% | +1.9% | Q1 2014 |
| GIL | $144M | 3.87% | 1.40% | +1.7% | Q1 2017 |
| BNS | $140M | 3.77% | 0.16% | +1.3% | Q1 2014 |
| SLF | $139M | 3.76% | Not reported | +107.7% | Q1 2014 |
| BMO | $136M | 3.65% | 0.14% | +1.6% | Q1 2014 |
| CP | $131M | 3.53% | 0.19% | +7.8% | Q4 2019 |
| BN | $128M | 3.45% | Not reported | +2.9% | Q2 2023 |
| CNI | $122M | 3.28% | 0.19% | +21.7% | Q1 2014 |
| CCL | $119M | 3.20% | 0.15% | Not reported | Q2 2024 |
| IFC | $114M | 3.07% | Not reported | +18.1% | Q4 2017 |
| ELEEF | $86.2M | 2.32% | Not reported | +11.8% | Q2 2024 |
| AMAT | $64.1M | 1.73% | 0.02% | -7.5% | Q3 2020 |
| ABBV | $54.9M | 1.48% | 0.01% | +31.6% | Q4 2019 |
| CMI | $51.7M | 1.39% | 0.07% | +0.2% | Q1 2022 |
 TMUS | $40.9M | 1.10% | 0.02% | +10.1% | Q4 2023 |
| NEE | $40.4M | 1.09% | 0.02% | +0.5% | Q2 2015 |
| APD | $37.4M | 1.01% | 0.06% | +3.6% | Q1 2024 |
| WFC | $36.8M | 0.99% | 0.02% | +2.7% | Q1 2014 |
| NTR | $35.7M | 0.96% | 0.08% | -10.0% | Q2 2018 |
| TSM | $35.4M | 0.95% | 0.00% | +6.0% | Q1 2014 |
| SIEB | $35.1M | 0.95% | 0.70% | +3.8% | Q1 2014 |
| BKNG | $33.9M | 0.91% | 0.03% | +13.2% | Q2 2024 |
| ETR | $33.6M | 0.91% | 0.07% | +101.8% | Q3 2025 |
| URI | $32.4M | 0.87% | 0.07% | +6.5% | Q3 2024 |
| HON | $32M | 0.86% | 0.02% | +1.9% | Q1 2014 |
| HD | $31.3M | 0.84% | 0.01% | +8.2% | Q3 2021 |
| NXPI | $30.7M | 0.83% | 0.06% | +8.4% | Q1 2024 |
| CARR | $30.3M | 0.82% | 0.06% | +31.0% | Q2 2025 |
| MSFT | $28.4M | 0.76% | 0.00% | +38.8% | Q1 2014 |
| MDT | $26.9M | 0.73% | 0.02% | +5.3% | Q1 2014 |
| BDX | $26.3M | 0.71% | 0.06% | +36.0% | Q1 2014 |
| MRK | $25M | 0.67% | 0.01% | -31.9% | Q2 2018 |
| UL | $23.7M | 0.64% | 0.02% | +8.5% | Q1 2014 |
| ENB | $23.4M | 0.63% | 0.02% | -51.1% | Q3 2015 |
| AVGO | $23.1M | 0.62% | 0.00% | +5.9% | Q2 2021 |
| COP | $18.2M | 0.49% | 0.01% | +35.4% | Q4 2023 |
| EQIX | $16.9M | 0.45% | 0.02% | +5.8% | Q4 2023 |
| USB | $16.1M | 0.43% | 0.02% | +8.6% | Q1 2014 |
| GRTUF | $15.8M | 0.43% | 0.43% | -3.7% | Q4 2024 |
| SAP | $15.4M | 0.42% | 0.01% | +7.4% | Q3 2014 |
| EMA | $11.5M | 0.31% | 0.08% | +1.8% | Q4 2017 |
| AJG | $9.35M | 0.25% | 0.02% | New | Q1 2026 |
 CDW | $8.51M | 0.23% | 0.06% | +40.6% | Q3 2024 |
 TD | $1.46M | 0.04% | 0.00% | -10.2% | Q1 2014 |
| Q4 2025 | |||||
| SAPIF | $228M | 5.13% | Not reported | -5.4% | Q4 2024 |
| MFC | $228M | 5.11% | Not reported | -4.6% | Q3 2015 |
| GIL | $218M | 4.90% | 1.37% | -6.0% | Q1 2017 |
| CM | $216M | 4.85% | 0.19% | -5.2% | Q1 2014 |
| SU | $213M | 4.79% | 0.29% | -3.9% | Q1 2014 |
| RY | $206M | 4.62% | 0.06% | -4.2% | Q1 2014 |
| BNS | $202M | 4.54% | 0.16% | -4.2% | Q1 2014 |
| BN | $194M | 4.35% | Not reported | -5.2% | Q2 2023 |
| TRP | $181M | 4.07% | Not reported | -4.0% | Q2 2019 |
| BMO | $176M | 3.96% | 0.14% | -10.8% | Q1 2014 |
| PBA | $171M | 3.84% | 0.56% | +10.0% | Q3 2019 |
| CP | $157M | 3.52% | 0.17% | +3.7% | Q4 2019 |
| IFC | $153M | 3.43% | Not reported | +4.6% | Q4 2017 |
| CNI | $132M | 2.97% | 0.16% | +31.3% | Q1 2014 |
| ELEEF | $129M | 2.89% | Not reported | -3.6% | Q2 2024 |
| SLF | $92M | 2.07% | Not reported | -6.2% | Q1 2014 |
| AMAT | $71.5M | 1.61% | 0.03% | -2.3% | Q3 2020 |
| CMI | $67.1M | 1.51% | 0.07% | -10.8% | Q1 2022 |
| ABBV | $60.1M | 1.35% | 0.01% | -0.1% | Q4 2019 |
| ENB | $58.1M | 1.30% | 0.04% | -66.2% | Q3 2015 |
| WFC | $57.6M | 1.29% | 0.01% | -15.5% | Q1 2014 |
| SIEB | $53.3M | 1.20% | 0.69% | -1.1% | Q1 2014 |
| BKNG | $52.2M | 1.17% | 0.02% | +1.9% | Q2 2024 |
| TMUS | $49.2M | 1.11% | 0.02% | +3.3% | Q4 2023 |
| NEE | $47.6M | 1.07% | 0.02% | -5.2% | Q2 2015 |
| URI | $46.4M | 1.04% | 0.07% | +1.7% | Q3 2024 |
| NTR | $44.6M | 1.00% | 0.09% | -9.1% | Q2 2018 |
| MRK | $44M | 0.99% | 0.01% | +3.6% | Q2 2018 |
| NXPI | $42.9M | 0.96% | 0.06% | +21.5% | Q1 2024 |
| APD | $42.1M | 0.95% | 0.06% | +3.4% | Q1 2024 |
| HD | $41.5M | 0.93% | 0.01% | +3.0% | Q3 2021 |
| TSM | $41.2M | 0.92% | 0.00% | +40.5% | Q1 2014 |
| MDT | $38.9M | 0.87% | 0.02% | +2.0% | Q1 2014 |
| HON | $37.1M | 0.83% | 0.02% | +6.1% | Q1 2014 |
| MSFT | $36.6M | 0.82% | 0.00% | +5837.3% | Q1 2014 |
 ORCL | $35.8M | 0.80% | 0.00% | -4.2% | Q1 2014 |
| UL | $34.4M | 0.77% | 0.02% | -0.3% | Q1 2014 |
| AVGO | $33.4M | 0.75% | 0.00% | -26.8% | Q2 2021 |
| BDX | $32.8M | 0.74% | 0.04% | -14.5% | Q1 2014 |
| CARR | $29.7M | 0.67% | 0.05% | +11.3% | Q2 2025 |
| SAP | $27.9M | 0.63% | 0.01% | +5.0% | Q3 2014 |
| GRTUF | $22.9M | 0.51% | 0.45% | -7.9% | Q4 2024 |
| USB | $20.9M | 0.47% | 0.02% | +17.3% | Q1 2014 |
| ETR | $18.8M | 0.42% | 0.03% | +15.0% | Q3 2025 |
| EQIX | $17.1M | 0.38% | 0.02% | +0.4% | Q4 2023 |
| EMA | $14.7M | 0.33% | 0.08% | -0.4% | Q4 2017 |
| COP | $13.1M | 0.29% | 0.01% | -22.6% | Q4 2023 |
| CDW | $9.35M | 0.21% | 0.04% | -31.4% | Q3 2024 |
 GPN | $6.76M | 0.15% | 0.03% | -36.6% | Q1 2022 |
| TD | $2.26M | 0.05% | 0.00% | -0.1% | Q1 2014 |
| Q3 2025 | |||||
| GIL | $156M | 4.52% | 1.78% | -0.8% | Q1 2017 |
| SU | $152M | 4.40% | 0.29% | +0.5% | Q1 2014 |
| MFC | $149M | 4.32% | Not reported | 0.0% | Q3 2015 |
| BN | $149M | 4.29% | Not reported | -2.0% | Q2 2023 |
| CM | $146M | 4.23% | 0.19% | -0.8% | Q1 2014 |
| BMO | $144M | 4.17% | 0.15% | +0.1% | Q1 2014 |
| SAPIF | $142M | 4.10% | Not reported | +4.9% | Q4 2024 |
| TRP | $136M | 3.92% | Not reported | +0.7% | Q2 2019 |
| RY | $135M | 3.91% | 0.06% | +0.1% | Q1 2014 |
| BNS | $135M | 3.90% | 0.17% | +0.3% | Q1 2014 |
| ENB | $132M | 3.82% | 0.12% | +0.6% | Q3 2015 |
| PBA | $120M | 3.48% | 0.51% | +1.3% | Q3 2019 |
| CP | $111M | 3.22% | 0.16% | +11.6% | Q4 2019 |
| IFC | $99.5M | 2.87% | Not reported | +18.9% | Q4 2017 |
| ELEEF | $95.9M | 2.77% | Not reported | -0.1% | Q2 2024 |
| CCL | $88.1M | 2.54% | 0.13% | +1.3% | Q2 2024 |
| CNI | $70M | 2.02% | 0.12% | +1.5% | Q1 2014 |
| SLF | $68.8M | 1.99% | Not reported | +0.6% | Q1 2014 |
| CMI | $45.4M | 1.31% | 0.08% | +0.2% | Q1 2022 |
| WFC | $44.7M | 1.29% | 0.02% | +0.1% | Q1 2014 |
| ABBV | $44.5M | 1.28% | 0.01% | +0.7% | Q4 2019 |
| AMAT | $42.5M | 1.23% | 0.03% | +1.3% | Q3 2020 |
| TMUS | $41M | 1.18% | 0.02% | +0.6% | Q4 2023 |
| ORCL | $39.3M | 1.14% | 0.00% | -0.3% | Q1 2014 |
| URI | $39.2M | 1.13% | 0.06% | +0.9% | Q3 2024 |
| SIEB | $37.9M | 1.09% | 0.69% | -0.7% | Q1 2014 |
| BKNG | $37.6M | 1.09% | 0.02% | +0.4% | Q2 2024 |
| HD | $34.6M | 1.00% | 0.01% | +1.5% | Q3 2021 |
| NEE | $34.5M | 1.00% | 0.02% | +2.3% | Q2 2015 |
| NTR | $34M | 0.98% | 0.10% | -2.3% | Q2 2018 |
| APD | $32.8M | 0.95% | 0.05% | +1.6% | Q1 2024 |
| AVGO | $31.7M | 0.92% | 0.00% | -0.9% | Q2 2021 |
| MDT | $27.6M | 0.80% | 0.02% | +2.2% | Q1 2014 |
| HON | $27.5M | 0.80% | 0.02% | +2.7% | Q1 2014 |
| NXPI | $27M | 0.78% | 0.05% | +1.9% | Q1 2024 |
| BDX | $26.9M | 0.78% | 0.05% | +4.4% | Q1 2014 |
| UL | $25.6M | 0.74% | 0.02% | +1.9% | Q1 2014 |
| MRK | $24.7M | 0.71% | 0.01% | +9.0% | Q2 2018 |
| CARR | $22M | 0.64% | 0.04% | +9447.9% | Q2 2025 |
| SAP | $21.3M | 0.62% | 0.01% | +3.1% | Q3 2014 |
| TSM | $19.6M | 0.57% | 0.00% | Not reported | Q1 2014 |
 SONY | $17.7M | 0.51% | 0.01% | -60.1% | Q1 2020 |
| GRTUF | $16.9M | 0.49% | 0.49% | -3.5% | Q4 2024 |
| EQIX | $12.7M | 0.37% | 0.02% | +0.2% | Q4 2023 |
| COP | $12.4M | 0.36% | 0.01% | +6.0% | Q4 2023 |
| ETR | $12M | 0.35% | 0.03% | New | Q3 2025 |
| USB | $11.7M | 0.34% | 0.02% | +698.5% | Q1 2014 |
| CDW | $11.6M | 0.34% | 0.06% | +1.5% | Q3 2024 |
| EMA | $10.5M | 0.30% | 0.08% | Not reported | Q4 2017 |
| GPN | $8.33M | 0.24% | 0.04% | -2.1% | Q1 2022 |