Cardinal Capital Management, Inc.
Q4 2025 13F-HR Holdings
Net value change ($000)
+991,454
(28.6%)
New positions
2
Sold out positions
9
Turnover %
6.0%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q3 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| SAPUY | 86,258 | 60.7% |
| MFC | 78,355 | 52.4% |
| RY | 70,445 | 52.1% |
| CM | 69,673 | 47.6% |
| BNS | 67,298 | 49.9% |
| CNI | 62,230 | 88.9% |
| GIL | 61,781 | 39.5% |
| SU | 60,776 | 39.9% |
| IFCZF | 53,294 | 53.6% |
| PBA | 50,814 | 42.2% |
Top Reduces (Value $000, Stocks/ETFs)
| CCL INDUSTRIES INC /FI | -88,092 | -100.0% |
| NTIOF | -85,090 | -100.0% |
| ENB | -74,141 | -56.1% |
| Unilever PLC | -25,650 | -100.0% |
| LVMUY | -22,239 | -100.0% |
| SONY | -17,128 | -97.0% |
| APYRF | -16,573 | -98.5% |
| NWCYY | -6,694 | -100.0% |
| TU | -5,249 | -95.0% |
| ORCL | -3,513 | -8.9% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|