Cardinal Capital Management

Registered adviser

CIK

1434845

Location

RALEIGH, NC

Portfolio Value

Small $860,480,979

Diversification

Diversified

Filing Date

Global Rank

#2,838 / 8,818 ▼ 114 · as of Jun 2026

Top Industry

Drug Manufacturers - General 12.0%

Period ended 28 days ago

Filed Oct 21, 2026 · 7d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 108076

Roster of Oct 1, 2026

Regulatory AUM

$1,025,998,835

Main clients

Individuals and high net worth (75% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Oct 2026	$1,025,998,835	Individuals and high net worth (75%)
Apr 2025 to Feb 2026	$891,381,455	Individuals and high net worth (74%)
Apr 2024 to Mar 2025	$805,142,431	Individuals and high net worth (73%)
May 2023 to Mar 2024	$594,191,495	Individuals and high net worth (83%)
Apr 2023	$594,191,495	Individuals and high net worth (83%)
Apr 2022 to Mar 2023	$639,432,093	Individuals and high net worth (81%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 27.4%, 68.8 effective positions, active share 77.5% against the Dow Jones Industrial Average as of 2026-07-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

5.6% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 23.9 quarters (12+), a floor since 85.1% of the book was already held when coverage starts

Closest benchmark: the Dow Jones Industrial Average as of 2026-07-31, active share 77.5%; sector active share 31.1% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

140 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

3.6%

−0.3 pts

Top 5

16.7%

+0.5 pts

Top 10

27.8%

+0.5 pts

HHI

146

Diversified+1

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Healthcare	23.0%	$197,833,795	28
Technology	20.7%	$177,981,605	24
Industrials	14.5%	$124,951,243	25
Financial Services	13.5%	$115,913,276	18
Consumer Defensive	8.2%	$70,853,729	10
Energy	6.6%	$56,385,286	6
Consumer Cyclical	5.3%	$45,622,910	12
Basic Materials	3.9%	$33,985,486	7
Communication Services	3.6%	$31,394,409	4
Utilities	0.4%	$3,478,530	1
Unclassified	0.2%	$2,080,710	5

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GIS	General Mills Inc	+14,533	117,936	$3,792,821
HLN	Haleon plc	+11,135	62,074	$558,666
TFC	Truist Financial Corp	+10,350	218,082	$10,097,196
PFE	Pfizer Inc	+10,114	134,651	$3,840,246
FNB	Fnb Corp	+9,044	162,046	$2,788,811
MKC	Mccormick & Co Inc	+8,896	123,340	$5,722,976
HBAN	Huntington Bancshares Inc	+7,872	200,478	$3,059,294
MDT	Medtronic plc	+7,323	92,363	$7,970,003
UNB	Union Bankshares Inc	+7,109	111,618	$2,567,214
GNTX	Gentex Corp	+6,432	86,807	$1,887,184
SNY	Sanofi	+5,994	86,444	$3,564,086
NVO	Novo Nordisk A S	+5,926	56,187	$2,130,049
OFLX	Omega Flex, Inc.	+5,862	59,757	$1,517,827
KE	Kimball Electronics, Inc.	+5,710	113,882	$3,112,395
BMY	Bristol Myers Squibb Co	+5,402	110,477	$6,893,764
NFG	National Fuel Gas Co	+5,368	106,021	$8,042,753
TROW	Price T Rowe Group Inc	+4,883	77,933	$8,108,928
HAS	Hasbro, Inc.	+4,677	104,457	$9,158,789
PG	PROCTER & GAMBLE Co	+4,648	64,464	$9,365,329
RCI	Rogers Communications Inc	+4,580	62,970	$1,939,476
BSAC	Banco Santander Chile	+4,522	109,163	$3,641,677
LZB	La-Z-Boy Inc	+4,298	56,590	$1,677,327
SBUX	Starbucks Corp	+4,164	97,514	$9,162,415
COP	Conocophillips	+4,163	96,175	$12,036,301
WS	Worthington Steel, Inc.	+4,096	32,667	$1,150,858
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	−1,150	12,676	$649,391
INTC	Intel Corp	−105	8,018	$964,004
ODC	Oil-Dri Corp of America	−93	87,298	$7,908,325
IWM	iShares Russell 2000 ETF	−23	1,055	$293,173
GOOG	Alphabet Inc.	−20	13,922	$4,743,782
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
FDS	Factset Research Systems Inc	6,105	$1,648,044
TSCO	Tractor Supply Co	41,002	$1,282,952
MICC	Magnum Ice Cream Co N.V.	9,691	$172,305
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
—		55,026	$4,205,086
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

140 tracked positions · $860,480,979 total · filing declares 140 positions · $861,160,816 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 140 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LLY	ELI LILLY & Co Healthcare	Added	26,623	+118	$30,804,940	−3.1%	3.58%
JNJ	Johnson & Johnson Healthcare	Added	115,964	+1,151	$30,700,309	+5.3%	3.57%
AAPL	Apple Inc. Technology	Added	86,800	+366	$28,906,136	+15.6%	3.36%
MSFT	Microsoft Corp Technology	Added	50,873	+746	$26,092,761	+39.5%	3.03%
GOOGL	Alphabet Inc. Communication Services	Added	64,494	+943	$22,191,095	−2.3%	2.58%
BNY	Bank of New York Mellon Corp Financial Services	Added	135,654	+254	$19,619,638	+0.2%	2.28%
JPM	Jpmorgan Chase & Co Financial Services	Added	58,857	+434	$19,471,661	+1.8%	2.26%
XOM	ExxonMobil Holdings Corp Energy	Added	117,606	+2,579	$19,140,376	+21.7%	2.22%
COST	Costco Wholesale Corp Consumer Defensive	Added	20,887	+271	$19,014,271	−1.4%	2.21%
DE	Deere & Co Industrials	Added	28,186	+597	$18,928,308	+8.2%	2.20%
CSCO	Cisco Systems, Inc. Technology	Added	158,584	+2,490	$17,068,395	−6.9%	1.98%
WMT	Walmart Inc. Consumer Defensive	Added	157,935	+4,042	$16,412,605	−5.8%	1.91%
MRK	Merck & Co., Inc. Healthcare	Added	99,742	+3,507	$14,493,510	+17.2%	1.68%
EMR	Emerson Electric Co Industrials	Added	91,537	+3,125	$14,197,388	+12.2%	1.65%
A	Agilent Technologies, Inc. Healthcare	Added	78,054	+2,854	$13,449,484	+34.6%	1.56%
QCOM	Qualcomm Inc Technology	Added	72,343	+2,729	$13,314,005	+3.5%	1.55%
KEYS	Keysight Technologies, Inc. Technology	Added	34,083	+1,042	$12,407,575	+7.3%	1.44%
LH	Labcorp Holdings Inc. Healthcare	Added	40,257	+1,773	$12,403,584	+15.1%	1.44%
ECL	Ecolab Inc. Basic Materials	Added	44,588	+1,626	$12,242,973	+2.3%	1.42%
COP	Conocophillips Energy	Added	96,175	+4,163	$12,036,301	+25.8%	1.40%
ADP	Automatic Data Processing Inc Technology	Added	46,626	+1,970	$12,032,305	+20.3%	1.40%
ITW	Illinois Tool Works Inc Industrials	Added	45,191	+1,764	$11,626,740	−1.0%	1.35%
CMI	Cummins Inc Industrials	Added	21,473	+600	$11,092,307	−25.5%	1.29%
IBM	International Business Machines Corp Technology	Added	47,340	+2,646	$10,411,486	−17.2%	1.21%
TFC	Truist Financial Corp Financial Services	Added	218,082	+10,350	$10,097,196	−2.4%	1.17%
STT	State Street Corp Financial Services	Added	56,105	+1,176	$9,795,371	+5.1%	1.14%
LOW	Lowes Companies Inc Consumer Cyclical	Added	50,853	+2,625	$9,371,699	−11.9%	1.09%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	64,464	+4,648	$9,365,329	+6.8%	1.09%
MMM	3M Co Industrials	Added	57,024	+2,704	$9,360,489	+6.4%	1.09%
SBUX	Starbucks Corp Consumer Cyclical	Added	97,514	+4,164	$9,162,415	−4.0%	1.06%
HAS	Hasbro, Inc. Consumer Cyclical	Added	104,457	+4,677	$9,158,789	+11.1%	1.06%
FFIV	F5, Inc. Technology	Added	20,238	+855	$9,009,552	+11.7%	1.05%
TROW	Price T Rowe Group Inc Financial Services	Added	77,933	+4,883	$8,108,928	−2.4%	0.94%
NFG	National Fuel Gas Co Energy	Added	106,021	+5,368	$8,042,753	+3.5%	0.93%
MDT	Medtronic plc Healthcare	Added	92,363	+7,323	$7,970,003	+19.8%	0.93%
RY	Royal Bank Of Canada Financial Services	Added	40,408	+778	$7,943,808	−3.2%	0.92%
ODC	Oil-Dri Corp of America Basic Materials	Reduced	87,298	-93	$7,908,325	−11.5%	0.92%
IDXX	Idexx Laboratories Inc Healthcare	Added	14,949	+798	$7,806,218	+4.8%	0.91%
PSX	Phillips 66 Energy	Added	29,415	+1,027	$7,509,943	+56.5%	0.87%
KO	Coca Cola Co Consumer Defensive	Added	87,057	+3,432	$7,493,866	+10.3%	0.87%
NVS	Novartis AG Healthcare	Added	50,575	+905	$7,210,477	−7.4%	0.84%
BMY	Bristol Myers Squibb Co Healthcare	Added	110,477	+5,402	$6,893,764	+13.9%	0.80%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	8,713	+316	$6,606,806	+26.2%	0.77%
BDX	Becton Dickinson & Co Healthcare	Added	36,780	+2,810	$6,583,620	+28.1%	0.77%
UTHR	UNITED THERAPEUTICS Corp Healthcare	Added	12,033	+63	$6,520,562	+0.5%	0.76%
BNS	Bank Of Nova Scotia Financial Services	Added	65,028	+2,422	$5,907,143	+8.7%	0.69%
SAP	Sap SE Technology	Added	28,310	+749	$5,902,068	+39.0%	0.69%
MKC	Mccormick & Co Inc Consumer Defensive	Added	123,340	+8,896	$5,722,976	−0.8%	0.67%
CW	Curtiss Wright Corp Industrials	Added	10,342	+113	$5,624,186	−27.4%	0.65%
SHEL	Shell plc Energy	Added	58,898	+1,307	$5,598,254	+25.4%	0.65%

Showing the top 50 of 140 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.