Q3 2026 13F · SEC CIK 1434845

Cardinal Capital Management

Wealth managerFiled 2026-10-21 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $861.2M
Reported positions: 140
Top holdings a year, 3 yrs: +16.1%
Assets under management: $1.0B

Cardinal Capital Management is a wealth manager that reported 140 positions worth $861.2M in its Q3 2026 13F, filed 2026-10-21. Its largest holdings were Eli Lilly & Co (LLY, 3.6%), Johnson & Johnson (JNJ, 3.6%), Apple Inc (AAPL, 3.4%). A portfolio copying its top holdings returned 16.1% a year over the last 3 years, against 16.8% for the S&P 500.

Cardinal Capital Management holdings largest 50 of 140 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Cardinal Capital Management 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
LLYEli Lilly & Co	3.6%	3.8%	26,623	+0.4%	$30.8M
JNJJohnson & Johnson	3.6%	3.5%	115,964	+1.0%	$30.7M
AAPLApple Inc	3.4%	3.0%	86,800	+0.4%	$28.9M
MSFTMicrosoft Corp	3.0%	2.3%	50,873	+1.5%	$26.1M
GOOGLAlphabet Inc	2.6%	2.7%	64,494	+1.5%	$22.2M
BNYBank of Ny Mellon Corp	2.3%	2.4%	135,654	+0.2%	$19.6M
JPMJpmorgan Chase & Co	2.3%	2.3%	58,857	+0.7%	$19.5M
XOMExxonmobil Holdings Corp	2.2%	—	117,606	—	$19.1M
COSTCostco Wholesale Corporation	2.2%	2.3%	20,887	+1.3%	$19.0M
DEDeere & Co	2.2%	2.1%	28,186	+2.2%	$19.0M
CSCOCisco Sys Inc	2.0%	2.2%	158,584	+1.6%	$17.1M
WMTWalmart Inc	1.9%	2.1%	157,935	+2.6%	$16.4M
MRKMerck & Co Inc	1.7%	1.5%	99,742	+3.6%	$14.6M
EMREmerson Elec Co	1.6%	1.5%	91,537	+3.5%	$14.2M
AAgilent Technologies Inc	1.6%	1.2%	78,054	+3.8%	$13.4M
QCOMQualcomm Inc	1.5%	1.6%	72,343	+3.9%	$13.3M
KEYSKeysight Technologies Inc	1.4%	1.4%	34,083	+3.2%	$12.4M
LHLabcorp Holdings Inc	1.4%	1.3%	40,257	+4.6%	$12.4M
ECLEcolab Inc	1.4%	1.5%	44,588	+3.8%	$12.3M
ADPAutomatic Data Processing in	1.4%	1.2%	46,626	+4.4%	$12.1M
COPConocophillips	1.4%	1.2%	96,175	+4.5%	$12.0M
ITWIllinois Tool Wks Inc	1.4%	1.4%	45,191	+4.1%	$11.7M
CMICummins Inc	1.3%	1.8%	21,473	+2.9%	$11.1M
IBMInternational Business Machs	1.2%	1.5%	47,340	+5.9%	$10.4M
TFCTruist Finl Corp	1.2%	1.3%	218,082	+5.0%	$10.1M
STTState Str Corp	1.1%	1.1%	56,105	+2.1%	$9.8M
LOWLowes Cos Inc	1.1%	1.3%	50,853	+5.4%	$9.4M
PGProcter & Gamble Co	1.1%	1.1%	64,464	+7.8%	$9.4M
MMM3m Co	1.1%	1.1%	57,024	+5.0%	$9.4M
SBUXStarbucks Corp	1.1%	1.2%	97,514	+4.5%	$9.2M
HASHasbro Inc	1.1%	1.0%	104,457	+4.7%	$9.2M
FFIVF5 Inc	1.0%	1.0%	20,238	+4.4%	$9.0M
TROWPrice T Rowe Group Inc	0.9%	1.0%	77,933	+6.7%	$8.1M
NFGNational Fuel Gas Co	0.9%	0.9%	106,021	+5.3%	$8.1M
MDTMedtronic PLC	0.9%	0.8%	92,363	+8.6%	$8.0M
RYRoyal Bk Cda	0.9%	1.0%	40,408	+2.0%	$7.9M
ODCOil Dri Corp Amer	0.9%	1.1%	87,298	-0.1%	$7.9M
IDXXIdexx Labs Inc	0.9%	0.9%	14,949	+5.6%	$7.8M
KOCoca Cola Co	0.9%	0.8%	87,057	+4.1%	$7.5M
PSXPhillips 66	0.9%	—	29,415	—	$7.5M
NVSNovartis AG	0.8%	0.9%	50,575	+1.8%	$7.2M
BMYBristol-Myers Squibb Co	0.8%	0.7%	110,477	+5.1%	$6.9M
REGNRegeneron Pharmaceuticals	0.8%	0.6%	8,713	+3.8%	$6.6M
BDXBecton Dickinson & Co	0.8%	—	36,780	—	$6.6M
UTHRUnited Therapeutics Corp Del	0.8%	0.8%	12,033	+0.5%	$6.5M
BNSBank Nova Scotia B C	0.7%	0.7%	65,028	+3.9%	$5.9M
SAPGFSap SE	0.7%	—	28,310	—	$5.9M
MKCMccormick & Co Inc	0.7%	0.7%	123,340	+7.8%	$5.7M
CWCurtiss Wright Corp	0.7%	0.9%	10,342	+1.1%	$5.6M
SHELShell PLC	0.7%	—	58,898	—	$5.6M

What Cardinal Capital Management bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

MDT Medtronic PLC+8.6% shares
MKC Mccormick & Co Inc+7.8% shares
PG Procter & Gamble Co+7.8% shares
TROW Price T Rowe Group Inc+6.7% shares
IBM International Business Machs+5.9% shares
IDXX Idexx Labs Inc+5.6% shares
LOW Lowes Cos Inc+5.4% shares
NFG National Fuel Gas Co+5.3% shares

Reduced

No position shrank by more than 5%.

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +27.3% /yr; S&P 500 +20.1%
3 years: +16.1% /yr; S&P 500 +16.8%
5 years: +7.8% /yr; S&P 500 +8.3%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$861.2M	140
Q2 2026	$826.3M	138
Q1 2026	$775.6M	136
Q4 2025	$755.0M	133
Q3 2025	$723.4M	131
Q2 2025	$681.4M	128
Q1 2025	$645.7M	132
Q4 2024	$637.7M	131
Q3 2024	$642.8M	130
Q2 2024	$593.7M	134
Q1 2024	$614.6M	139
Q1 2023	$482.0M	138

Questions about Cardinal Capital Management's portfolio

What stocks does Cardinal Capital Management own?

Cardinal Capital Management's latest 13F, for Q3 2026 and filed Oct 21, 2026, lists 140 positions worth $861.2M. The largest are Eli Lilly & Co (LLY) at 3.6%, Johnson & Johnson (JNJ) at 3.6%, Apple Inc (AAPL) at 3.4%, Microsoft Corp (MSFT) at 3.0% and Alphabet Inc (GOOGL) at 2.6%.

What did Cardinal Capital Management buy last quarter?

In Q3 2026, Cardinal Capital Management added Medtronic PLC (MDT) (+8.6% shares), Mccormick & Co Inc (MKC) (+7.8% shares) and Procter & Gamble Co (PG) (+7.8% shares), compared with its Q2 2026 filing.

What did Cardinal Capital Management sell last quarter?

In Q3 2026, Cardinal Capital Management cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Argan Inc (AGX), cut from its top 50 Synaptics Inc (SYNA), cut from its top 50 Fedex Corp (FDX) and cut from its top 50 Toronto Dominion Bk Ont (TD), compared with its Q2 2026 filing.

How has Cardinal Capital Management's portfolio performed?

A portfolio copying Cardinal Capital Management's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.1% a year over the last 3 years, against +16.8% for the S&P 500. Over 1 year: +27.3% against +20.1%. Over 5 years: +7.8% a year against +8.3%.

When is Cardinal Capital Management's next 13F filing due?

13F filings are due 45 days after each quarter ends. Cardinal Capital Management's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Cardinal Capital Management manage?

Cardinal Capital Management reported $1.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $861.2M.