Latest Cardinal Capital Management, Inc. Stock Portfolio

Cardinal Capital Management, Inc. Performance:

2024 Q3: 3.06%YTD: 5.32%2023: 2.48%

Performance for 2024 Q3 is 3.06%, and YTD is 5.32%, and 2023 is 2.48%.

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 $2.4 Billions as of 30 Sep, 2024.

The top stock holdings of Cardinal Capital Management, Inc. are , , . The fund has invested 6.2% of it's portfolio in MANULIFE FINANCIAL CORP. and 6% of portfolio in ROYAL BANK OF CANADA.

The fund managers got completely rid off CANADIAN TIRE CORP. LTD. - CLA and ELECTRONIC ARTS INC. (EA) stocks. They significantly reduced their stock positions in CVS HEALTH CORP. (CVS), JPMORGAN CHASE & CO. (JPM) and UNITEDHEALTH GROUP INC. (UNH). Cardinal Capital Management, Inc. opened new stock positions in BECTON DICKINSON AND CO. (BDX), UNITED RENTALS INC. (URI) and PEPSICO INC. (PEP). The fund showed a lot of confidence in some stocks as they added substantially to BROOKFIELD ASSET MANAGEMENT LTD., BANK OF AMERICA CORP. (BAC) and MEDTRONIC PLC (MDT).

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

Our best estimate is that Cardinal Capital Management, Inc. made a return of 3.06% in the last quarter. In trailing 12 months, it's portfolio return was 8.64%.

New Buys

Ticker	$ Bought
becton dickinson and co.	30,089,300
united rentals inc.	23,672,500
pepsico inc.	15,622,500
cdw corp de	14,837,400

New stocks bought by Cardinal Capital Management, Inc.

Additions

Ticker	% Inc.
brookfield asset management ltd.	179
bank of america corp.	8.24
medtronic plc	7.06
booking holdings inc.	5.35
texas instruments inc	5.32
bank of montreal	4.86
nutrien ltd.	4.27
microsoft corp.	3.37

Additions to existing portfolio by Cardinal Capital Management, Inc.

Reductions

Ticker	% Reduced
cvs health corp.	-95.43
jpmorgan chase & co.	-93.9
unitedhealth group inc.	-93.61
gilead sciences inc.	-89.36
bce inc.	-58.1
tc energy corp.	-50.1
toronto-dominion bank	-9.55
broadcom inc.	-6.17

Cardinal Capital Management, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
element fleet management corp.	-58,403,300
enel spa - adr	-18,587,700
ccl industries inc.	-77,319,500
canadian tire corp. ltd. - cla	-105,507,000
roche holdings ltd. - adr	-16,859,700
intact financial corp	-75,899,300
northland power inc.	-2,773,040
emera inc.	-5,067,260

Cardinal Capital Management, Inc. got rid off the above stocks

Sector Distribution

Cardinal Capital Management, Inc. has about 65% of it's holdings in Others sector.

Sector	%
Others	65
Industrials	9.4
Technology	5.4
Energy	5.2
Healthcare	5.1
Consumer Cyclical	2.5
Communication Services	1.6
Utilities	1.5
Financial Services	1.5
Basic Materials	1.5

Market Cap. Distribution

Cardinal Capital Management, Inc. has about 34.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	65
LARGE-CAP	26
MEGA-CAP	8.9

Stocks belong to which Index?

About 27.2% of the stocks held by Cardinal Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	72.8
S&P 500	27.2

Top 5 Winners (%)		%
SWK	stanley black & decker inc.	36.9 %
ORCL	oracle corp	20.5 %
NEE	nextera energy inc.	19.4 %
HD	home depot inc. the	17.6 %
EQIX	equinix inc.	17.3 %

Top 5 Winners ($)		$
ENB	enbridge inc.	14.2 M
SWK	stanley black & decker inc.	8.2 M
CP	canadian pacific kansas city ltd.	8.2 M
ORCL	oracle corp	6.4 M
NEE	nextera energy inc.	5.9 M

Top 5 Losers (%)		%
AMAT	applied materials inc.	-14.2 %
NXPI	nxp semiconductors nv	-10.7 %
MRK	merck & co. inc.	-8.2 %
COP	conocophillips	-7.9 %
WFC	wells fargo & co.	-4.8 %

Top 5 Losers ($)		$
AMAT	applied materials inc.	-4.8 M
NXPI	nxp semiconductors nv	-2.9 M
MRK	merck & co. inc.	-2.3 M
WFC	wells fargo & co.	-1.6 M
COP	conocophillips	-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 58 stocks in it's portfolio. About 53.6% of the portfolio is in top 10 stocks. AMAT 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: 10 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc.	0.01	1,175	273,775	unchanged	0.00

ABBV	abbvie inc.	1.61	197,427	38,987,900	added	0.3

AMAT	applied materials inc.	1.21	144,836	29,264,100	added	1.66

AMGN	amgen inc.	0.01	850	273,879	reduced	-5.56

APD	air products & chemicals inc.	1.47	119,552	35,595,400	reduced	-0.8

AVGO	broadcom inc.	1.02	143,565	24,765,000	reduced	-6.17

BAC	bank of america corp.	0.01	8,432	334,582	added	8.24

BDX	becton dickinson and co.	1.24	124,800	30,089,300	new

BKNG	booking holdings inc.	1.24	7,134	30,049,300	added	5.35

CDW	cdw corp de	0.61	65,565	14,837,400	new

CMCSA	comcast corp. class a	1.11	643,491	26,878,600	added	1.89

CMI	cummins inc.	1.50	112,297	36,360,600	added	0.77

COP	conocophillips	0.54	123,884	13,042,500	added	0.48

CP	canadian pacific kansas city ltd.	4.20	1,191,390	102,019,000	added	0.58

CVS	cvs health corp.	0.04	15,030	945,086	reduced	-95.43

EA	electronic arts inc.	0.00	0.00	0.00	sold off	-100

ENB	enbridge inc.	4.66	2,778,830	113,020,000	reduced	-0.07

EQIX	equinix inc.	0.62	17,009	15,097,700	reduced	-0.51

GILD	gilead sciences inc.	0.07	20,248	1,697,590	reduced	-89.36

GPN	global payments inc.	0.42	100,336	10,276,400	reduced	-0.83