13F HOLDINGS REPORT

Cardinal Point Capital Management, ULC

Quarter ended Q2 2025 · Filed July 31, 2025 · Accession 0001085146-25-004346

Total Value

$1.26B

Positions

242

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (242)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908769	549,135	$167.4M	13.26%
2	WISDOMTREE TR	WT	1,439,759	$72.4M	5.74%
3	VANGUARD SCOTTSDALE FDS	92206C706	923,716	$55.2M	4.38%
4	DIMENSIONAL ETF TRUST	25434V880	1,699,457	$49.9M	3.95%
5	APPLE INC	AAPL	237,427	$48.7M	3.86%
6	VANGUARD INTL EQUITY INDEX F	922042775	723,104	$48.6M	3.85%
7	ISHARES TR	46434V282	697,614	$44.7M	3.54%
8	ISHARES TR	464288414	320,647	$33.5M	2.65%
9	DIMENSIONAL ETF TRUST	25434V708	880,460	$31.6M	2.50%
10	LITMAN GREGORY FDS TR	53700T827	1,084,995	$27.9M	2.21%
11	ROYAL BK CDA	780087102	203,319	$26.7M	2.12%
12	PIMCO ETF TR	72201R585	914,827	$24.3M	1.92%
13	JOHNSON & JOHNSON	JNJ	152,684	$23.2M	1.84%
14	TORONTO DOMINION BK ONT	TORO	305,827	$22.5M	1.78%
15	ALPHABET INC	GOOG	109,078	$21.6M	1.71%
16	BANK MONTREAL QUE	063671101	182,403	$20.2M	1.60%
17	ISHARES GOLD TR	IAU	305,491	$19.1M	1.51%
18	JPMORGAN CHASE & CO.	VYLD	60,967	$17.7M	1.40%
19	WALMART INC	WMT	166,318	$16.3M	1.29%
20	ISHARES TR	46434V860	318,421	$16.1M	1.28%
21	CISCO SYS INC	CSCO	227,485	$15.8M	1.25%
22	ENBRIDGE INC	ENNPF	332,153	$15.0M	1.19%
23	MANULIFE FINL CORP	56501R106	461,756	$14.7M	1.17%
24	ORACLE CORP	ORCL-PD	67,185	$14.7M	1.16%
25	SUNCOR ENERGY INC NEW	SU	391,847	$14.7M	1.16%
26	MICROSOFT CORP	MSFT	27,824	$13.8M	1.10%
27	PHILIP MORRIS INTL INC	718172109	69,201	$12.6M	1.00%
28	TC ENERGY CORP	TRPRF	255,288	$12.4M	0.99%
29	BANK NOVA SCOTIA HALIFAX	064149107	222,393	$12.3M	0.97%
30	CGI INC	GIB	114,758	$12.0M	0.95%
31	INTERNATIONAL BUSINESS MACHS	INTR	35,563	$10.5M	0.83%
32	CANADIAN NATL RY CO	136375102	96,569	$10.0M	0.80%
33	ROGERS COMMUNICATIONS INC	RCIAF	336,263	$10.0M	0.79%
34	CVS HEALTH CORP	CVS	125,320	$8.6M	0.68%
35	AGNICO EAGLE MINES LTD	AEM	71,170	$8.5M	0.67%
36	NEWMONT CORP	NEMCL	142,905	$8.3M	0.66%
37	VANECK ETF TRUST	92189F106	156,905	$8.2M	0.65%
38	VISA INC	V	22,563	$8.0M	0.63%
39	FIRST TR EXCH TRADED FD III	33739P103	118,969	$7.9M	0.62%
40	PEPSICO INC	PEP	59,475	$7.9M	0.62%
41	COSTCO WHSL CORP NEW	22160K105	7,732	$7.7M	0.61%
42	OPEN TEXT CORP	OTEX	261,354	$7.6M	0.60%
43	PFIZER INC	PFE	312,032	$7.6M	0.60%
44	COMCAST CORP NEW	CCZ	209,915	$7.5M	0.59%
45	CANADIAN NAT RES LTD	136385101	232,120	$7.3M	0.58%
46	DIMENSIONAL ETF TRUST	25434V716	183,755	$7.2M	0.57%
47	KENVUE INC	KVUE	341,930	$7.2M	0.57%
48	AMAZON COM INC	AMZN	30,424	$6.7M	0.53%
49	BROOKFIELD BUSINESS PARTNERS	BBUC	242,757	$6.3M	0.50%
50	ALPHABET INC	GOOG	29,811	$6.2M	0.49%
51	NVIDIA CORPORATION	NVDA	37,970	$6.0M	0.48%
52	FEDEX CORP	FDX	26,219	$6.0M	0.47%
53	TESLA INC	TSLA	17,025	$5.4M	0.43%
54	BERKSHIRE HATHAWAY INC DEL	BRK-A	25,569	$5.3M	0.42%
55	DISNEY WALT CO	254687106	41,287	$5.1M	0.41%
56	VANGUARD WORLD FD	92204A702	6,904	$4.6M	0.36%
57	COMFORT SYS USA INC	199908104	8,450	$4.5M	0.36%
58	MCDONALDS CORP	MCD	12,859	$3.8M	0.30%
59	BROOKFIELD BUSINESS CORP	BBUC	118,368	$3.7M	0.29%
60	CENOVUS ENERGY INC	CVE	242,939	$3.3M	0.26%
61	VIATRIS INC	VTRS	340,250	$3.0M	0.24%
62	TELUS CORPORATION	TU	181,775	$2.9M	0.23%
63	DIMENSIONAL ETF TRUST	25434V690	69,135	$2.7M	0.22%
64	META PLATFORMS INC	META	3,624	$2.7M	0.21%
65	NETFLIX INC	NFLX	1,832	$2.5M	0.19%
66	VANGUARD INDEX FDS	922908363	4,162	$2.4M	0.19%
67	NIKE INC	NKE	33,332	$2.4M	0.19%
68	SUN LIFE FINANCIAL INC.	SUNFF	34,469	$2.3M	0.18%
69	INVESCO QQQ TR	IVZ	4,112	$2.3M	0.18%
70	BROOKFIELD CORP	11271J107	35,720	$2.2M	0.17%
71	CANADIAN IMPERIAL BK COMM	CNDIF	29,633	$2.1M	0.17%
72	ISHARES TR	46436E676	56,605	$1.9M	0.15%
73	TRANSALTA CORP	TACPF	172,985	$1.9M	0.15%
74	ISHARES TR	46435G243	73,618	$1.9M	0.15%
75	SPDR S&P 500 ETF TR	SPY	2,817	$1.7M	0.14%
76	ISHARES TR	464288760	9,170	$1.7M	0.14%
77	ZOETIS INC	ZTS	11,056	$1.7M	0.14%
78	CADENCE DESIGN SYSTEM INC	CDNS	5,560	$1.7M	0.14%
79	VERIZON COMMUNICATIONS INC	VZ	37,896	$1.6M	0.13%
80	CORNING INC	GLW	30,982	$1.6M	0.13%
81	ALAMOS GOLD INC NEW	AGI	60,092	$1.6M	0.13%
82	CITIGROUP INC	C-PR	18,157	$1.5M	0.12%
83	SELECT SECTOR SPDR TR	81369Y803	6,041	$1.5M	0.12%
84	FISERV INC	FISV	8,607	$1.5M	0.12%
85	ISHARES TR	46434V464	6,905	$1.5M	0.12%
86	BERKSHIRE HATHAWAY INC DEL	BRK-A	2	$1.5M	0.12%
87	BCE INC	BCPPF	65,067	$1.4M	0.11%
88	COLGATE PALMOLIVE CO	CL	15,206	$1.4M	0.11%
89	GILEAD SCIENCES INC	GILD	11,883	$1.3M	0.10%
90	ABBVIE INC	ABBV	6,930	$1.3M	0.10%
91	PAYPAL HLDGS INC	PYPL	17,095	$1.3M	0.10%
92	HOME DEPOT INC	HD	3,444	$1.3M	0.10%
93	LOWES COS INC	548661107	5,690	$1.3M	0.10%
94	UBER TECHNOLOGIES INC	UBER	13,425	$1.3M	0.10%
95	UNITEDHEALTH GROUP INC	UNH	3,966	$1.2M	0.10%
96	ISHARES TR	46436E668	31,545	$1.2M	0.10%
97	BANK AMERICA CORP	060505104	25,285	$1.2M	0.09%
98	MAGNITE INC	MGNI	49,100	$1.2M	0.09%
99	BROOKFIELD INFRAST PARTNERS	G16252101	35,120	$1.2M	0.09%
100	EQUINOX GOLD CORP	EQX	201,170	$1.2M	0.09%
101	ISHARES TR	46435U549	23,150	$1.1M	0.09%
102	PROCTER AND GAMBLE CO	742718109	6,822	$1.1M	0.09%
103	MASTERCARD INCORPORATED	MA	1,928	$1.1M	0.09%
104	INNOVATOR ETFS TRUST	INHD	23,348	$1.0M	0.08%
105	NEW GOLD INC CDA	644535106	205,600	$1.0M	0.08%
106	FIVE9 INC	FIVN	35,225	$932,758	0.07%
107	YETI HLDGS INC	YETI	28,815	$908,249	0.07%
108	PEMBINA PIPELINE CORP	PPLOF	23,926	$896,677	0.07%
109	GOLDMAN SACHS GROUP INC	GSCE	1,264	$894,596	0.07%
110	GE VERNOVA INC	GEV	1,623	$859,018	0.07%
111	IRON MTN INC DEL	46284V101	8,200	$847,511	0.07%
112	WISDOMTREE TR	WT	18,356	$826,938	0.07%
113	INNOVATOR ETFS TRUST	INHD	26,550	$776,322	0.06%
114	CANADIAN PACIFIC KANSAS CITY	CP	9,739	$772,239	0.06%
115	BRISTOL-MYERS SQUIBB CO	CELG-RI	16,613	$769,016	0.06%
116	DIMENSIONAL ETF TRUST	25434V682	19,500	$742,170	0.06%
117	TJX COS INC NEW	872540109	5,765	$711,920	0.06%
118	CAE INC	CAE	23,483	$686,950	0.05%
119	BROOKFIELD RENEWABLE PARTNER	G16258108	26,836	$682,948	0.05%
120	VANGUARD INDEX FDS	922908553	7,628	$679,350	0.05%
121	ISHARES TR	46434V621	10,561	$675,288	0.05%
122	ISHARES TR	464287200	1,070	$664,363	0.05%
123	MAG SILVER CORP	55903Q104	30,725	$651,524	0.05%
124	INNOVATOR ETFS TRUST	INHD	16,230	$645,305	0.05%
125	SCHWAB STRATEGIC TR	808524839	635,697	$635,697	0.05%
126	ISHARES TR	464288224	46,920	$615,121	0.05%
127	TEXTRON INC	TXT	7,484	$601,040	0.05%
128	ISHARES INC	464286509	12,991	$600,184	0.05%
129	SERVICENOW INC	NOW	577	$593,202	0.05%
130	ISHARES TR	464287614	1,389	$589,742	0.05%
131	STARBUCKS CORP	SBUX	6,430	$589,181	0.05%
132	ISHARES TR	46435U440	12,154	$579,381	0.05%
133	INTEL CORP	INTC	25,571	$572,790	0.05%
134	DIMENSIONAL ETF TRUST	25434V104	13,384	$566,938	0.04%
135	AMERICAN CENTY ETF TR	025072877	6,191	$564,000	0.04%
136	ELI LILLY & CO	LLY	711	$554,246	0.04%
137	WHEATON PRECIOUS METALS CORP	WPM	6,075	$545,294	0.04%
138	SPDR GOLD TR	GLD	1,778	$541,988	0.04%
139	NUTRIEN LTD	NTR	9,235	$537,123	0.04%
140	MERCK & CO INC	MRK	6,750	$534,330	0.04%
141	WASTE MGMT INC DEL	94106L109	2,324	$531,778	0.04%
142	ABBOTT LABS	ABLZF	3,908	$531,527	0.04%
143	FORTIS INC	FTRSF	10,741	$511,896	0.04%
144	CHEVRON CORP NEW	CVX	3,550	$508,324	0.04%
145	SOUTH BOW CORP	SOBO	19,468	$504,430	0.04%
146	ISHARES TR	464287655	2,280	$492,001	0.04%
147	ISHARES TR	464289867	7,901	$486,465	0.04%
148	B2GOLD CORP	BTG	134,550	$485,220	0.04%
149	EXXON MOBIL CORP	XOM	4,500	$485,100	0.04%
150	BROOKFIELD ASSET MANAGMT LTD	113004105	8,702	$480,737	0.04%
151	CARRIER GLOBAL CORPORATION	CARR	6,560	$480,126	0.04%
152	MCKESSON CORP	MCK	645	$473,394	0.04%
153	GE AEROSPACE	369604301	1,804	$464,290	0.04%
154	BOEING CO	BA-PA	2,210	$463,061	0.04%
155	ARIS MNG CORP	04040Y109	66,900	$449,661	0.04%
156	BARRICK MNG CORP	06849F108	21,525	$447,287	0.04%
157	ISHARES TR	464287622	1,304	$442,799	0.04%
158	PAN AMERN SILVER CORP	697900108	14,901	$422,029	0.03%
159	HONEYWELL INTL INC	438516106	1,744	$406,143	0.03%
160	SALESFORCE INC	CRM	1,440	$392,674	0.03%
161	SCHWAB STRATEGIC TR	808524201	387,519	$387,519	0.03%
162	TELUS INTL CDA INC	TU	106,385	$385,990	0.03%
163	TFI INTL INC	87241L109	4,255	$381,244	0.03%
164	PIMCO ETF TR	72201R775	4,125	$380,243	0.03%
165	MOTOROLA SOLUTIONS INC	MSI	898	$378,506	0.03%
166	WELLS FARGO CO NEW	949746101	4,675	$374,561	0.03%
167	MORGAN STANLEY	MS-PQ	2,545	$358,489	0.03%
168	SOUTHWEST AIRLS CO	844741108	10,870	$354,579	0.03%
169	INNOVATOR ETFS TRUST	INHD	7,960	$350,638	0.03%
170	ECOLAB INC	ECL	1,267	$342,204	0.03%
171	ISHARES TR	46432F842	4,088	$341,266	0.03%
172	STANLEY BLACK & DECKER INC	SWK	5,000	$338,750	0.03%
173	LAUDER ESTEE COS INC	518439104	4,180	$337,744	0.03%
174	ISHARES TR	46432F339	1,813	$331,531	0.03%
175	CUMMINS INC	CMI	1,000	$327,500	0.03%
176	SOLARIS RES INC	SLSR	71,500	$327,025	0.03%
177	AT&T INC	T-PC	11,218	$324,649	0.03%
178	DIMENSIONAL ETF TRUST	25434V203	9,268	$320,404	0.03%
179	TECK RESOURCES LTD	TCKRF	7,900	$318,884	0.03%
180	IAMGOLD CORP	IAG	43,250	$317,963	0.03%
181	INNOVATOR ETFS TRUST	INHD	7,690	$314,444	0.02%
182	KINROSS GOLD CORP	KGCRF	19,850	$309,615	0.02%
183	MOSAIC CO NEW	MOS	8,375	$305,520	0.02%
184	ASA GOLD AND PRECIOUS MTLS L	G3156P103	9,525	$300,704	0.02%
185	GILDAN ACTIVEWEAR INC	GIL	6,090	$299,523	0.02%
186	ARCHER DANIELS MIDLAND CO	ADM	5,575	$294,249	0.02%
187	FRANCO NEV CORP	FNV	1,760	$288,414	0.02%
188	VANGUARD WHITEHALL FDS	921946406	2,163	$288,400	0.02%
189	DEXCOM INC	DXCM	3,200	$279,328	0.02%
190	INNOVATOR ETFS TRUST	INHD	7,190	$273,292	0.02%
191	FIDELITY MERRIMACK STR TR	316188309	5,930	$272,341	0.02%
192	SPDR SERIES TRUST	78468R556	2,150	$270,491	0.02%
193	INNOVATOR ETFS TRUST	INHD	6,770	$267,550	0.02%
194	FORTUNA MNG CORP	349942102	40,950	$267,437	0.02%
195	HORMEL FOODS CORP	HRL	8,800	$266,200	0.02%
196	ISHARES TR	464287465	2,945	$263,254	0.02%
197	SCHWAB STRATEGIC TR	808524862	263,049	$263,049	0.02%
198	RESTAURANT BRANDS INTL INC	76131D103	3,902	$258,351	0.02%
199	ISHARES TR	464287754	1,800	$256,158	0.02%
200	INNOVATOR ETFS TRUST	INHD	6,295	$254,696	0.02%
201	ISHARES TR	464287804	2,309	$252,351	0.02%
202	ETSY INC	ETSY	4,985	$250,048	0.02%
203	SPDR DOW JONES INDL AVERAGE	78467X109	560	$246,764	0.02%
204	BROOKFIELD RENEWABLE CORP	BEPC	6,788	$246,589	0.02%
205	VANGUARD CHARLOTTE FDS	92203J407	4,975	$246,313	0.02%
206	ISHARES INC	464286608	4,110	$244,340	0.02%
207	PARK HOTELS & RESORTS INC	PK	23,525	$240,661	0.02%
208	VANECK ETF TRUST	92189F791	3,550	$239,944	0.02%
209	ISHARES TR	464287291	2,600	$239,096	0.02%
210	SKEENA RES LTD NEW	83056P715	15,000	$238,800	0.02%
211	INNOVATOR ETFS TRUST	INHD	7,360	$238,358	0.02%
212	ISHARES BITCOIN TRUST ETF	IBIT	3,875	$237,189	0.02%
213	VANGUARD INDEX FDS	922908736	535	$234,601	0.02%
214	ROBLOX CORP	RBLX	2,223	$233,860	0.02%
215	FIRST SOLAR INC	FSLR	1,405	$232,584	0.02%
216	ALLIED GOLD CORP	AAUC	17,353	$232,510	0.02%
217	DOLLAR GEN CORP NEW	256677105	2,020	$231,048	0.02%
218	WISDOMTREE TR	WT	6,530	$230,548	0.02%
219	ISHARES TR	464287507	3,648	$226,258	0.02%
220	AIR PRODS & CHEMS INC	AIIR	800	$225,648	0.02%
221	VANGUARD MALVERN FDS	922020805	4,471	$224,757	0.02%
222	VANGUARD INTL EQUITY INDEX F	922042858	4,528	$223,941	0.02%
223	VANECK ETF TRUST	92189H805	5,405	$219,443	0.02%
224	SCHWAB STRATEGIC TR	808524102	217,616	$217,616	0.02%
225	KRAFT HEINZ CO	KHC	8,425	$217,534	0.02%
226	INNOVATOR ETFS TRUST	INHD	5,600	$211,614	0.02%
227	DIMENSIONAL ETF TRUST	25434V781	6,374	$209,768	0.02%
228	INNOVATOR ETFS TRUST	INHD	6,100	$208,656	0.02%
229	DELTA AIR LINES INC DEL	DAL	4,200	$206,556	0.02%
230	CAPITAL ONE FINL CORP	14040H105	970	$206,377	0.02%
231	BROWN FORMAN CORP	BF-B	7,600	$204,516	0.02%
232	EATON CORP PLC	ETN	570	$203,484	0.02%
233	ISHARES TR	464289875	4,384	$201,839	0.02%
234	MARQETA INC	MQ	31,969	$186,379	0.01%
235	FIRST MAJESTIC SILVER CORP	AG	22,400	$185,038	0.01%
236	PERPETUA RESOURCES CORP	PPTA	15,000	$182,100	0.01%
237	OSISKO DEVELOPMENT CORP	OSDVF	69,000	$147,680	0.01%
238	POWERFLEET INC	AIOT	30,700	$132,317	0.01%
239	VIEMED HEALTHCARE INC	VMD	18,480	$127,697	0.01%
240	VIZSLA SILVER CORP	VZLA	40,000	$117,863	0.01%
241	HUDSON TECHNOLOGIES INC	HDSN	12,850	$104,342	0.01%
242	AQUA METALS INC	AQMS	22,800	$11,058	0.00%