Cardinal Capital Management, Inc.
SEC Form 13F institutional filer · CIK 0001518235
13F-HR · 30 reported holdings · 2026-03-31
Asset manager.
Reported long-US-equity value
$0.75B
Top-10 concentration
56.8%
Cardinal Capital Management, Inc. — $751M AUM allocation strategy
Cardinal Capital Management, Inc. files SEC Form 13F and reports $751M of long US equity value across 30 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 19.5%, followed by Industrials 19.5% and Health Care 17.8%.
The top 10 holdings account for 57% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Cardinal Capital Management, Inc. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$751M
total across 30 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
57% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$ETR +151K sh · +$14.8M+$CARR +127K sh · +$529K+$ABBV +60.7K sh · −$5.21M
Biggest trims (shares)
−$MRK −97.1K sh · −$19M−$AMAT −15.2K sh · −$7.36M−$BAC −2.04K sh · −$296K
Exited to nil (held last quarter, gone now)
$ORCL ($35.8M last qtr)$GPN ($6.76M last qtr)$JPM ($329K last qtr)$CMCSA ($204K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductor Materials & Equipment8.6%—
- Biotechnology7.3%—
- Semiconductors7.2%—
- Health Care Equipment7.1%—
- Construction Machinery & Heavy Transportation Equipment6.9%—
- Wireless Telecommunication Services5.5%—
- Multi-Utilities5.4%—
- Industrial Gases5.0%—
- Other holdings47.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AMAT | Applied Materials Inc | 188K | $64.1M | -15.2K | 8.5% |
| $ABBV | AbbVie Inc | 253K | $54.9M | +60.7K | 7.3% |
| $CMI | Cummins Inc | 96K | $51.7M | +176 | 6.9% |
| $TMUS | T-Mobile US Inc | 195K | $40.9M | +17.9K | 5.4% |
| $NEE | NextEra Energy Inc | 435K | $40.4M | +1.98K | 5.4% |
| $APD | Air Products and Chemicals Inc | 129K | $37.4M | +4.47K | 5.0% |
| $WFC | Wells Fargo & Company | 463K | $36.8M | +12.2K | 4.9% |
| $BKNG | Booking Holdings Inc | 8.04K | $33.9M | +937 | 4.5% |
| $ETR | Entergy Corporation | 299K | $33.6M | +151K | 4.5% |
| $URI | United Rentals Inc | 44.5K | $32.4M | +2.73K | 4.3% |
…and 20 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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