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Cardinal Capital Management, Inc. Top Holdings and 13F Report (2025)

About Cardinal Capital Management, Inc.

Investment Activity

  • Cardinal Capital Management, Inc. has $2.94 billion in total holdings as of December 31, 2024.
  • Cardinal Capital Management, Inc. owns shares of 69 different stocks, but just 28 companies or ETFs make up 80% of its holdings.
  • Approximately 23.15% of the portfolio was purchased this quarter.
  • About 3.44% of the portfolio was sold this quarter.
  • This quarter, Cardinal Capital Management, Inc. has purchased 58 new stocks and bought additional shares in 18 stocks.
  • Cardinal Capital Management, Inc. sold shares of 36 stocks and completely divested from 3 stocks this quarter.

Largest Holdings

Manulife Financial
$150,924,371
Gildan Activewear
$132,072,067
Brookfield
$130,195,737
Suncor Energy
$130,138,716
Canadian Tire
$125,878,450

Largest New Holdings this Quarter

Canadian Tire
$125,878,450 Holding
Intact Financial
$80,228,030 Holding
CCL Industries
$76,536,760 Holding
National Bank of Canada
$74,182,493 Holding
Element Fleet Management
$73,376,392 Holding

Largest Purchases this Quarter

Canadian Tire
1,199,279 shares (about $125.88M)
Intact Financial
441,622 shares (about $80.23M)
CCL Industries
1,491,111 shares (about $76.54M)
National Bank of Canada
815,597 shares (about $74.18M)
Element Fleet Management
3,637,800 shares (about $73.38M)

Largest Sales this Quarter

Canadian Imperial Bank of Commerce
374,330 shares (about $23.63M)
Royal Bank of Canada
154,429 shares (about $18.58M)
Manulife Financial
130,175 shares (about $3.99M)
CDW
17,755 shares (about $3.09M)
Gildan Activewear
65,072 shares (about $3.06M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofCardinal Capital Management, Inc.

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
Manulife Financial Co. stock logo
MFC
Manulife Financial
$150,924,371$3,990,083 -2.6%4,923,8525.1%Finance
Gildan Activewear Inc. stock logo
GIL
Gildan Activewear
$132,072,067$3,055,511 -2.3%2,812,6864.5%Consumer Discretionary
Brookfield Co. stock logo
BN
Brookfield
$130,195,737$2,967,415 -2.2%2,270,3194.4%Finance
Suncor Energy Inc. stock logo
SU
Suncor Energy
$130,138,716$2,027,134 -1.5%3,654,1074.4%Oils/Energy
Canadian Tire Co., Limited stock logo
CDNAF
Canadian Tire
$125,878,450$125,878,450 New Holding1,199,2794.3%Consumer Cyclical
Bank of Montreal stock logo
BMO
Bank of Montreal
$124,632,050$1,155,075 -0.9%1,286,7024.2%Finance
Royal Bank of Canada stock logo
RY
Royal Bank of Canada
$122,484,053$18,578,156 -13.2%1,018,1364.2%Finance
Canadian Imperial Bank of Commerce stock logo
CM
Canadian Imperial Bank of Commerce
$119,587,641$23,625,649 -16.5%1,894,7734.1%Finance
Enbridge Inc. stock logo
ENB
Enbridge
$116,335,729$1,340,634 -1.1%2,747,1754.0%Oils/Energy
TC Energy Co. stock logo
TRP
TC Energy
$116,222,992$1,376,896 -1.2%2,499,5323.9%Oils/Energy
The Bank of Nova Scotia stock logo
BNS
Bank of Nova Scotia
$110,763,586$877,183 -0.8%2,067,3243.8%Finance
Pembina Pipeline Co. stock logo
PBA
Pembina Pipeline
$107,675,008$1,385,889 1.3%2,920,9003.7%Oils/Energy
Canadian Pacific Kansas City Limited stock logo
CP
Canadian Pacific Kansas City
$90,115,367$4,046,440 4.7%1,247,4033.1%Transportation
Intact Financial Co. stock logo
IFCZF
Intact Financial
$80,228,030$80,228,030 New Holding441,6222.7%Financial Services
CCL Industries Inc. stock logo
CCDBF
CCL Industries
$76,536,760$76,536,760 New Holding1,491,1112.6%Consumer Cyclical
National Bank of Canada stock logo
NTIOF
National Bank of Canada
$74,182,493$74,182,493 New Holding815,5972.5%Finance
Element Fleet Management Corp. stock logo
ELEEF
Element Fleet Management
$73,376,392$73,376,392 New Holding3,637,8002.5%Industrials
Saputo Inc. stock logo
SAPIF
Saputo
$71,374,093$71,374,093 New Holding4,114,8352.4%Consumer Defensive
Canadian National Railway stock logo
CNI
Canadian National Railway
$68,715,376$20,536,466 42.6%678,2112.3%Transportation
Sun Life Financial Inc. stock logo
SLF
Sun Life Financial
$66,549,543$15,017,092 29.1%1,123,3542.3%Finance
T-Mobile US, Inc. stock logo
TMUS
T-Mobile US
$40,219,875$957,527 -2.3%182,2131.4%Computer and Technology
Wells Fargo & Company stock logo
WFC
Wells Fargo & Company
$39,615,009$802,422 -2.0%563,9951.3%Finance
Cummins Inc. stock logo
CMI
Cummins
$38,766,760$379,974 -1.0%111,2071.3%Auto/Tires/Trucks
Oracle Co. stock logo
ORCL
Oracle
$35,558,643$1,159,148 -3.2%213,3861.2%Computer and Technology
Booking Holdings Inc. stock logo
BKNG
Booking
$35,211,193$233,516 -0.7%7,0871.2%Retail/Wholesale
AbbVie Inc. stock logo
ABBV
AbbVie
$35,064,475$18,303 -0.1%197,3241.2%Medical
Air Products and Chemicals, Inc. stock logo
APD
Air Products and Chemicals
$34,288,529$386,333 -1.1%118,2201.2%Basic Materials
Sony Group Co. stock logo
SONY
Sony Group
$33,986,346$27,238,401 403.7%1,606,1601.2%Consumer Discretionary
Broadcom Inc. stock logo
AVGO
Broadcom
$32,303,426$980,683 -2.9%139,3351.1%Computer and Technology
NextEra Energy, Inc. stock logo
NEE
NextEra Energy
$30,856,523$182,093 -0.6%430,4161.0%Utilities
The Home Depot, Inc. stock logo
HD
Home Depot
$30,378,952$140,814 -0.5%78,0971.0%Retail/Wholesale
Becton, Dickinson and Company stock logo
BDX
Becton, Dickinson and Company
$29,137,595$824,219 2.9%128,4331.0%Medical
Boardwalk Real Estate Investment Trust stock logo
BOWFF
Boardwalk Real Estate Investment Trust
$28,668,349$28,668,349 New Holding642,8471.0%Finance
Honeywell International Inc. stock logo
HON
Honeywell International
$28,605,580$199,913 0.7%126,6351.0%Multi-Sector Conglomerates
Siemens Aktiengesellschaft stock logo
SIEGY
Siemens Aktiengesellschaft
$28,101,686$28,101,686 New Holding290,6671.0%Industrial Products
SAP SE stock logo
SAP
SAP
$27,036,074$50,227 0.2%109,8090.9%Computer and Technology
Nutrien Ltd. stock logo
NTR
Nutrien
$24,315,269$867,710 -3.4%544,6420.8%Basic Materials
Comcast Co. stock logo
CMCSA
Comcast
$24,285,325$135,108 0.6%647,0910.8%Consumer Discretionary
Applied Materials, Inc. stock logo
AMAT
Applied Materials
$24,198,368$643,690 2.7%148,7940.8%Computer and Technology
Unilever PLC stock logo
UL
Unilever
$23,496,140$376,885 1.6%414,3940.8%Consumer Staples
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$22,965,157$456,414 2.0%230,8520.8%Medical
Medtronic plc stock logo
MDT
Medtronic
$21,576,467$94,658 -0.4%270,1110.7%Medical
NXP Semiconductors stock logo
NXPI
NXP Semiconductors
$21,475,062$651,610 3.1%103,3200.7%Computer and Technology
United Rentals, Inc. stock logo
URI
United Rentals
$21,035,987$441,684 2.1%29,8620.7%Construction
Stanley Black & Decker, Inc. stock logo
SWK
Stanley Black & Decker
$21,020,805$1,253,728 -5.6%261,8110.7%Industrial Products
Enel SpA stock logo
ENLAY
Enel
$19,889,193$19,889,193 New Holding2,809,2080.7%Utilities
Equinix, Inc. stock logo
EQIX
Equinix
$15,866,953$170,663 -1.1%16,8280.5%Finance
Granite Real Estate Investment
$15,319,247$15,319,247 New Holding316,3800.5%COM
PepsiCo, Inc. stock logo
PEP
PepsiCo
$13,771,314$198,438 -1.4%90,5650.5%Consumer Staples
Allied Properties Real Estate
$12,935,241$12,935,241 New Holding1,086,6470.4%COM
Global Payments Inc. stock logo
GPN
Global Payments
$10,337,647$906,005 -8.1%92,2510.4%Business Services
ConocoPhillips stock logo
COP
ConocoPhillips
$9,825,069$2,460,507 -20.0%99,0730.3%Oils/Energy
CDW Co. stock logo
CDW
CDW
$8,320,852$3,090,080 -27.1%47,8100.3%Computer and Technology
TELUS Co. stock logo
TU
TELUS
$5,074,233$360,589 7.6%375,0910.2%Utilities
U.S. Bancorp stock logo
USB
U.S. Bancorp
$1,743,451$94,369 -5.1%36,4510.1%Finance
Iberdrola, S.A. stock logo
IBDRY
Iberdrola
$1,571,766$1,571,766 New Holding28,5050.1%Utilities
The Toronto-Dominion Bank stock logo
TD
Toronto-Dominion Bank
$1,262,650$8,234 -0.6%23,7700.0%Finance
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$1,254,882$1,151,807 -47.9%5,2350.0%Finance
Gilead Sciences, Inc. stock logo
GILD
Gilead Sciences
$1,161,553$708,755 -37.9%12,5750.0%Medical
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$991,486$5,059 0.5%1,9600.0%Medical
CVS Health Co. stock logo
CVS
CVS Health
$610,728$63,968 -9.5%13,6050.0%Retail/Wholesale
Fortis Inc. stock logo
FTS
Fortis
$416,324$5,820 -1.4%10,0150.0%Utilities
Microsoft Co. stock logo
MSFT
Microsoft
$394,103$18,968 5.1%9350.0%Computer and Technology
Dollarama Inc. stock logo
DLMAF
Dollarama
$387,526$387,526 New Holding3,9800.0%Consumer Defensive
Bank of America Co. stock logo
BAC
Bank of America
$340,920$29,666 -8.0%7,7570.0%Finance
Texas Instruments Incorporated stock logo
TXN
Texas Instruments
$287,828$9,376 3.4%1,5350.0%Computer and Technology
Apple Inc. stock logo
AAPL
Apple
$271,706$22,538 -7.7%1,0850.0%Computer and Technology
Schneider Electric S.E. stock logo
SBGSY
Schneider Electric S.E.
$268,552$268,552 New Holding5,4100.0%Industrial Products
Amgen Inc. stock logo
AMGN
Amgen
$221,5440.0%8500.0%Medical
Granite Real Estate Inc. Staple stock logo
GRP.U
Granite Real Estate Inc. Staple
$0$19,894,685 -100.0%00.0%Finance
Brookfield Asset Management Ltd. stock logo
BAM
Brookfield Asset Management
$0$3,741,577 -100.0%00.0%Finance
BCE Inc. stock logo
BCE
BCE
$0$2,107,505 -100.0%00.0%Utilities

Showing largest 100 holdings. View all holdings.
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