# Cardinal Capital Management, Inc.: Form 13F holdings

An institutional investment manager in WINNIPEG. SEC CIK 1518235.

- Quarter ended: 2026-06-30
- Filed: 2026-07-10
- Reported value: $4.13bn
- Positions: 70 (71 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1518235/000151823526000003/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [Manulife Financial Corp. (MFC)](/companies/mfc.md) | COM | $189.4m | 4.6% | 4,679,180 |  | Added +3,992 |
| [Royal Bank of Canada (RY)](/companies/ry.md) | COM | $184.5m | 4.5% | 892,539 |  | Reduced −3,200 |
| [Bank of Montreal (BMO)](/companies/bmo.md) | COM | $176.3m | 4.3% | 999,266 |  | Reduced −5,261 |
| [Canadian Imperial Bank of Commerce (CM)](/companies/cm.md) | COM | $176.2m | 4.3% | 1,533,246 |  | Reduced −23,790 |
| [Bank of Nova Scotia (BNS)](/companies/bns.md) | COM | $175.1m | 4.2% | 2,018,524 |  | Reduced −4,335 |
| [Suncor Energy Inc. (SU)](/companies/su.md) | COM | $169.1m | 4.1% | 3,149,688 |  | Reduced −360,652 |
| [TC Energy Corp. (TRP)](/companies/trp.md) | COM | $168.8m | 4.1% | 2,553,583 |  | Added +18,907 |
| [Pembina Pipeline Corp. (PBA)](/companies/pba.md) | COM | $167.8m | 4.1% | 3,634,579 |  | Added +79,578 |
| [Gildan Activewear Inc. (GIL)](/companies/gil.md) | COM | $155.7m | 3.8% | 3,026,915 |  | Added +440,770 |
| Intact Financial Corp | COM | $149.7m | 3.6% | 726,629 |  | Added +95,472 |
| [Canadian National Railway Co. (CNI)](/companies/cni.md) | COM | $149.4m | 3.6% | 1,254,252 |  | Added +68,791 |
| [Canadian Pacific Kansas City Ltd. (CP)](/companies/cp.md) | COM | $147.3m | 3.6% | 1,702,045 |  | Added +32,121 |
| Canadian Tire Corp. Ltd. - Class A | COM | $138.8m | 3.4% | 1,009,480 |  | Added +5,956 |
| [Brookfield Corp. (BN)](/companies/bn.md) | COM | $138.3m | 3.3% | 3,247,627 |  | Added +80,738 |
| CCL Industries Inc. | COM | $137.0m | 3.3% | 2,104,843 |  | Added +202,628 |
| [Saputo Inc. (SAPUY)](/companies/sapuy.md) | COM | $120.1m | 2.9% | 4,153,825 |  | Reduced −1,433,338 |
| National Bank of Canada | COM | $117.7m | 2.8% | 746,743 |  | Reduced −12,205 |
| [Element Fleet Management Corp. (ELFTY)](/companies/elfty.md) | COM | $102.5m | 2.5% | 4,977,480 |  | Added +989,003 |
| [Sun Life Financial Inc. (SLF)](/companies/slf.md) | COM | $91.6m | 2.2% | 1,168,774 |  | Reduced −1,062,650 |
| [Applied Materials Inc. (AMAT)](/companies/amat.md) | COM | $73.5m | 1.8% | 101,688 |  | Reduced −85,994 |
| [AbbVie Inc. (ABBV)](/companies/abbv.md) | COM | $68.9m | 1.7% | 273,719 |  | Added +21,206 |
| [Cummins Inc. (CMI)](/companies/cmi.md) | COM | $68.3m | 1.7% | 95,826 |  | Reduced −221 |
| [United Rentals Inc. (URI)](/companies/uri.md) | COM | $56.2m | 1.4% | 49,644 |  | Added +5,142 |
| [Taiwan Semiconductor Manufacturing Co. Ltd. (TSM)](/companies/tsm.md) | SPONSORED ADR | $51.4m | 1.2% | 107,564 |  | Added +2,823 |
| Siemens AG - ADR | SPONSORED ADR | $47.2m | 1.1% | 293,443 |  | Added +5,378 |
| Exchange Income Corp. | COM | $45.4m | 1.1% | 487,183 |  | New +487,183 |
| NXP Semiconductors NV | SPONSORED ADR | $44.8m | 1.1% | 159,579 |  | Added +3,470 |
| [Home Depot Inc./The (HD)](/companies/hd.md) | COM | $42.4m | 1.0% | 120,109 |  | Added +25,048 |
| [Carrier Global Corp. (CARR)](/companies/carr.md) | COM | $42.2m | 1.0% | 575,335 |  | Added +37,934 |
| Schneider Electric SE - ADR | SPONSORED ADR | $40.6m | 1.0% | 623,232 |  | Added +19,111 |
| [Visa Inc. (V)](/companies/v.md) | COM | $40.6m | 1.0% | 118,305 |  | New +118,305 |
| [Air Products & Chemicals Inc. (APD)](/companies/apd.md) | COM | $40.5m | 1.0% | 138,116 |  | Added +9,363 |
| [Wells Fargo & Co. (WFC)](/companies/wfc.md) | COM | $38.7m | 0.9% | 468,300 |  | Added +5,590 |
| [NextEra Energy Inc. (NEE)](/companies/nee.md) | COM | $38.5m | 0.9% | 439,005 |  | Added +4,391 |
| [Entergy Corp. (ETR)](/companies/etr.md) | COM | $37.2m | 0.9% | 323,483 |  | Added +24,483 |
| [Booking Holdings Inc. (BKNG)](/companies/bkng.md) | COM | $36.7m | 0.9% | 206,024 |  | Added +197,980 |
| [Broadcom Inc. (AVGO)](/companies/avgo.md) | COM | $33.4m | 0.8% | 88,286 |  | Added +13,693 |
| Enel SpA - ADR | SPONSORED ADR | $32.8m | 0.8% | 2,869,792 |  | Added +24,530 |
| Boardwalk Real Estate Investment trust | COM | $32.1m | 0.8% | 705,195 |  | Added +24,330 |
| TE Connectivity PLC | SPONSORED ADR | $31.5m | 0.8% | 156,207 |  | New +156,207 |
| [Microsoft Corp. (MSFT)](/companies/msft.md) | COM | $29.8m | 0.7% | 79,815 |  | Added +3,163 |
| [Nutrien Ltd. (NTR)](/companies/ntr.md) | COM | $28.3m | 0.7% | 449,452 |  | Reduced −24,450 |
| [Becton Dickinson and Co. (BDX)](/companies/bdx.md) | COM | $27.0m | 0.7% | 178,421 |  | Added +11,039 |
| [Unilever PLC - ADR (UL)](/companies/ul.md) | SPONSORED ADR | $26.6m | 0.6% | 441,818 |  | Added +26,101 |
| [Merck & Co. Inc. (MRK)](/companies/mrk.md) | COM | $26.5m | 0.6% | 206,451 |  | Reduced −1,019 |
| Medtronic PLC | SPONSORED ADR | $25.8m | 0.6% | 329,175 |  | Added +18,264 |
| LVMH Moet Hennessy Louis Vuitton ADR | SPONSORED ADR | $22.7m | 0.5% | 205,448 |  | New +205,448 |
| [Enbridge Inc. (ENB)](/companies/enb.md) | COM | $22.7m | 0.5% | 419,175 |  | Reduced −13,970 |
| [US Bancorp (USB)](/companies/usb.md) | COM | $19.7m | 0.5% | 326,565 |  | Added +16,814 |
| [Honeywell International Inc. (HON)](/companies/hon.md) | COM | $18.4m | 0.4% | 82,012 |  | New +82,012 |
| [Equinix Inc. (EQIX)](/companies/eqix.md) | COM | $17.9m | 0.4% | 17,220 |  | Added +7 |
| [ConocoPhillips (COP)](/companies/cop.md) | COM | $14.4m | 0.3% | 138,844 |  | Added +976 |
| [SAP SE - ADR (SAP)](/companies/sap.md) | SPONSORED ADR | $14.0m | 0.3% | 90,961 |  | Added +915 |
| [Emera Inc. (EMA)](/companies/ema.md) | COM | $11.8m | 0.3% | 223,815 |  | Added +2,030 |
| [Arthur J. Gallagher & Co. (AJG)](/companies/ajg.md) | COM | $10.0m | 0.2% | 43,710 |  | Added +543 |
| [The North West Co Inc. (NWCYY)](/companies/nwcyy.md) | COM | $8.3m | 0.2% | 240,105 |  | New +240,105 |
| [Brookfield Asset Management Ltd. (BAM)](/companies/bam.md) | COM | $3.8m | <0.1% | 84,812 |  | New +84,812 |
| Iberdrola SA-Sponsored ADR | SPONSORED ADR | $2.1m | <0.1% | 20,715 |  | Added +367 |
| [Toronto-Dominion Bank (TD)](/companies/td.md) | COM | $1.5m | <0.1% | 12,020 |  | Reduced −3,703 |
| [Fortis Inc./Canada (FTS)](/companies/fts.md) | COM | $744.0k | <0.1% | 13,000 |  | Unchanged |
| [Texas Instruments Inc. (TXN)](/companies/txn.md) | COM | $515.7k | <0.1% | 1,730 |  | Reduced −95 |
| [Dollarama Inc. (DLMAY)](/companies/dlmay.md) | COM | $510.3k | <0.1% | 3,865 |  | Added +155 |
| [Analog Devices Inc. (ADI)](/companies/adi.md) | COM | $507.2k | <0.1% | 1,277 |  | Added +12 |
| [Canadian Natural Resources Ltd. (CNQ)](/companies/cnq.md) | COM | $343.0k | <0.1% | 8,685 |  | Added +3,920 |
| [T-Mobile US Inc. (TMUS)](/companies/tmus.md) | COM | $324.9k | <0.1% | 1,937 |  | Reduced −192,666 |
| [Apple Inc. (AAPL)](/companies/aapl.md) | COM | $310.5k | <0.1% | 1,073 |  | Added +76 |
| [Amgen Inc. (AMGN)](/companies/amgn.md) | COM | $307.8k | <0.1% | 850 |  | Unchanged |
| [PNC Financial Services Group Inc. (PNC)](/companies/pnc.md) | COM | $246.2k | <0.1% | 1,000 |  | Unchanged |
| [Bank of America Corp. (BAC)](/companies/bac.md) | COM | $237.9k | <0.1% | 4,175 |  | Reduced −1,160 |
| [Agnico-Eagle Mines Ltd. (AEM)](/companies/aem.md) | COM | $225.6k | <0.1% | 1,455 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [CDW Corp/DE (CDW)](/companies/cdw.md) | COM | $0 | 0.0% | 0 |  | Sold out −70,347 |
| [Granite Real Estate Investment trust (GRTUF)](/companies/grtuf.md) | COM | $0 | 0.0% | 0 |  | Sold out −269,724 |
| Honeywell International Inc. | COM | $0 | 0.0% | 0 |  | Sold out −141,392 |

Source: SEC EDGAR, Form 13F-HR, accession 0001518235-26-000003. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.