Cardinal Capital Management

CIK

1434845

Location

RALEIGH, NC

Portfolio Value

Small $769,866,968

Diversification

Diversified

Filing Date

Global Rank

#2,062 / 8,605 ▲ 88 · as of Mar 2026

Top Industry

Drug Manufacturers - General 11.8%

3Y Alpha vs SPY

-4.4%

Period ended 3 months ago

Filed Apr 8, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+58.6%

SPY

+76.5%

Annualised alpha

-4.3%

Max drawdown

−16.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

133 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

3.7%

−0.2 pts

Top 5

15.0%

−1.3 pts

Top 10

26.6%

−1.0 pts

HHI

141

Diversified−6

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	22.5%	$173,238,806	29
Technology	17.9%	$137,685,174	24
Industrials	15.8%	$121,807,794	24
Financial Services	13.1%	$100,497,185	18
Consumer Defensive	10.4%	$79,700,697	10
Energy	7.3%	$55,903,368	6
Consumer Cyclical	5.9%	$45,383,760	11
Basic Materials	4.0%	$30,942,323	7
Communication Services	2.6%	$20,368,399	2
Utilities	0.5%	$3,985,027	1
Unclassified	0.0%	$354,435	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GIS	General Mills Inc	+118,423	250,124	$9,309,615
UNB	Union Bankshares Inc	+6,827	102,560	$2,494,259
ALRM	Alarm.com Holdings, Inc.	+5,569	34,905	$1,507,546
WLY	John Wiley & Sons, Inc.	+4,842	49,933	$1,902,447
FNB	Fnb Corp/Pa/	+4,439	152,139	$2,543,764
GNTX	Gentex Corp	+4,115	79,165	$1,729,755
MKC	Mccormick & Co Inc	+3,865	106,836	$5,388,807
DD	DuPont de Nemours, Inc.	+3,755	10,437	$478,014
PFE	Pfizer Inc	+3,455	123,684	$3,473,046
DLB	Dolby Laboratories, Inc.	+3,213	48,871	$2,935,192
OFLX	Omega Flex, Inc.	+2,889	45,605	$1,415,579
IIIN	Insteel Industries Inc	+2,815	46,284	$1,555,605
LZB	La-Z-Boy Inc	+2,781	51,360	$1,650,710
SYNA	SYNAPTICS Inc	+2,543	49,524	$3,468,660
HBAN	Huntington Bancshares Inc /Md/	+2,516	192,411	$3,011,232
YETI	YETI Holdings, Inc.	+2,268	35,545	$1,300,591
OZK	Bank OZK	+1,990	50,969	$2,338,967
TROW	Price T Rowe Group Inc	+1,921	72,993	$6,579,589
SEE	SEALED AIR CORP/DE	+1,885	52,544	$2,209,475
KE	Kimball Electronics, Inc.	+1,860	108,430	$2,568,706
HALO	Halozyme Therapeutics, Inc.	+1,860	20,549	$1,328,081
HUBG	Hub Group, Inc.	+1,850	54,288	$1,956,539
SAM	Boston Beer Co Inc	+1,833	11,384	$2,622,873
UTMD	Utah Medical Products Inc	+1,707	26,543	$1,645,400
WOR	Worthington Enterprises, Inc.	+1,691	30,964	$1,614,462
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AGX	Argan Inc	−9,520	17,422	$9,488,892
IT	Gartner Inc	−2,826	1,133	$179,399
BNY	Bank of New York Mellon Corp	−2,284	136,863	$16,236,057
ESLT	Elbit Systems Ltd	−1,803	6,086	$5,167,561
GOOGL	Alphabet Inc.	−1,490	64,216	$18,465,952
WMT	Walmart Inc.	−1,267	154,957	$19,258,055
JNJ	Johnson & Johnson	−729	116,381	$28,448,171
KEYS	Keysight Technologies, Inc.	−686	39,380	$11,119,730
LLY	ELI LILLY & Co	−602	26,792	$24,642,477
CMI	Cummins Inc	−418	21,037	$11,318,326
JPM	Jpmorgan Chase & Co	−385	58,789	$17,293,372
EMR	Emerson Electric Co	−347	88,824	$11,637,720
XOM	Exxon Mobil Corp	−280	115,404	$19,579,442
CW	Curtiss Wright Corp	−225	10,284	$7,004,638
AAPL	Apple Inc.	−164	87,014	$22,083,283
PAHC	Phibro Animal Health Corp	−126	99,026	$5,477,128
TD	Toronto Dominion Bank	−103	46,397	$4,329,304
CTVA	Corteva, Inc.	−101	27,001	$2,260,253
DE	Deere & Co	−99	27,875	$15,701,987
STT	State Street Corp	−97	55,385	$7,009,525
COST	Costco Wholesale Corp /New	−81	20,747	$20,672,933
IDCC	InterDigital, Inc.	−50	14,682	$4,433,964
MSFT	Microsoft Corp	−28	49,563	$18,346,735
CACI	Caci International Inc /De/	−11	7,906	$4,299,836
IDXX	Idexx Laboratories Inc /De	−9	14,107	$7,926,582
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
WAT	Waters Corp /De/	4,239	$1,262,374
MICC	Magnum Ice Cream Co N.V.	8,483	$126,820
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

133 positions · $769,866,968 total · as of Mar 31, 2026

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

Showing 1–50 of 133 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
JNJ	Johnson & Johnson Healthcare	Reduced	116,381	-729	$28,448,171	+17.4%	3.70%
LLY	ELI LILLY & Co Healthcare	Reduced	26,792	-602	$24,642,477	−16.3%	3.20%
AAPL	Apple Inc. Technology	Reduced	87,014	-164	$22,083,283	−6.8%	2.87%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	20,747	-81	$20,672,933	+15.1%	2.69%
XOM	Exxon Mobil Corp Energy	Reduced	115,404	-280	$19,579,442	+40.6%	2.54%
WMT	Walmart Inc. Consumer Defensive	Reduced	154,957	-1,267	$19,258,055	+10.6%	2.50%
GOOGL	Alphabet Inc. Communication Services	Reduced	64,216	-1,490	$18,465,952	−10.2%	2.40%
MSFT	Microsoft Corp Technology	Reduced	49,563	-28	$18,346,735	−23.5%	2.38%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	58,789	-385	$17,293,372	−9.3%	2.25%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	136,863	-2,284	$16,236,057	+0.5%	2.11%
DE	Deere & Co Industrials	Reduced	27,875	-99	$15,701,987	+20.6%	2.04%
CSCO	Cisco Systems, Inc. Technology	Added	157,675	+664	$12,234,003	+1.2%	1.59%
COP	Conocophillips Energy	Added	91,891	+478	$12,129,612	+41.7%	1.58%
EMR	Emerson Electric Co Industrials	Reduced	88,824	-347	$11,637,720	−1.7%	1.51%
MRK	Merck & Co., Inc. Healthcare	Added	96,637	+344	$11,624,464	+14.7%	1.51%
ECL	Ecolab Inc. Basic Materials	Added	43,098	+105	$11,464,929	+1.6%	1.49%
LOW	Lowes Companies Inc Consumer Cyclical	Added	48,264	+341	$11,403,817	−1.3%	1.48%
ITW	Illinois Tool Works Inc Industrials	Added	43,607	+255	$11,350,466	+6.3%	1.47%
CMI	Cummins Inc Industrials	Reduced	21,037	-418	$11,318,326	+3.3%	1.47%
KEYS	Keysight Technologies, Inc. Technology	Reduced	39,380	-686	$11,119,730	+36.6%	1.44%
IBM	International Business Machines Corp Technology	Added	44,698	+533	$10,834,348	−17.2%	1.41%
LH	Labcorp Holdings Inc. Healthcare	Added	38,587	+186	$10,295,397	+6.9%	1.34%
TFC	Truist Financial Corp Financial Services	Added	208,676	+381	$9,592,835	−6.4%	1.25%
NFG	National Fuel Gas Co Energy	Added	101,277	+901	$9,515,986	+18.4%	1.24%
AGX	Argan Inc Industrials	Reduced	17,422	-9,520	$9,488,892	+12.4%	1.23%
HAS	Hasbro, Inc. Consumer Cyclical	Added	100,029	+150	$9,362,714	+14.3%	1.22%
GIS	General Mills Inc Consumer Defensive	Added	250,124	+118,423	$9,309,615	+52.0%	1.21%
ADP	Automatic Data Processing Inc Technology	Added	44,271	+1,009	$8,994,981	−19.2%	1.17%
QCOM	Qualcomm Inc/De Technology	Added	69,632	+943	$8,967,208	−23.7%	1.16%
A	Agilent Technologies, Inc. Healthcare	Added	75,310	+219	$8,583,833	−16.0%	1.11%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	59,289	+1,021	$8,563,703	+2.6%	1.11%
SBUX	Starbucks Corp Consumer Cyclical	Added	93,572	+970	$8,383,115	+7.5%	1.09%
MMM	3M Co Industrials	Added	54,662	+142	$7,938,562	−9.1%	1.03%
IDXX	Idexx Laboratories Inc /De Healthcare	Reduced	14,107	-9	$7,926,582	−17.0%	1.03%
NVS	Novartis AG Healthcare	Added	49,684	+19	$7,589,231	+10.8%	0.99%
MDT	Medtronic plc Healthcare	Added	83,676	+791	$7,250,525	−8.9%	0.94%
UTHR	UNITED THERAPEUTICS Corp Healthcare	Added	12,133	+37	$7,194,626	+22.1%	0.93%
STT	State Street Corp Financial Services	Reduced	55,385	-97	$7,009,525	−2.1%	0.91%
CW	Curtiss Wright Corp Industrials	Reduced	10,284	-225	$7,004,638	+20.9%	0.91%
TROW	Price T Rowe Group Inc Financial Services	Added	72,993	+1,921	$6,579,589	−9.6%	0.85%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	8,436	+30	$6,517,991	+0.5%	0.85%
FDX	Fedex Corp Industrials	Added	18,201	+36	$6,482,832	+23.5%	0.84%
RY	Royal Bank Of Canada Financial Services	Added	39,782	+40	$6,435,931	−5.0%	0.84%
KO	Coca Cola Co Consumer Defensive	Added	84,233	+919	$6,405,919	+10.0%	0.83%
BMY	Bristol Myers Squibb Co Healthcare	Added	104,507	+219	$6,338,349	+12.7%	0.82%
USLM	United States Lime & Minerals Inc Basic Materials	Added	44,539	+26	$5,817,238	+9.1%	0.76%
ODC	Oil-Dri Corp of America Basic Materials	Added	88,076	+126	$5,732,866	+33.2%	0.74%
FFIV	F5, Inc. Technology	Added	19,343	+239	$5,596,510	+14.8%	0.73%
PAHC	Phibro Animal Health Corp Healthcare	Reduced	99,026	-126	$5,477,128	+47.9%	0.71%
MKC	Mccormick & Co Inc Consumer Defensive	Added	106,836	+3,865	$5,388,807	−23.2%	0.70%