13F HOLDINGS REPORT
Cardinal Capital Management, Inc.
Quarter ended Q3 2025 · Filed October 3, 2025 · Accession 0001518235-25-000008
Total Value
$3.46B
Positions
77
Other Managers
0
Confidential Omitted
No
Holdings (77)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Gildan Activewear Inc. | GIL | 2,706,566 | $156.5M | 4.52% |
| 2 | Suncor Energy Inc. | SU | 3,641,023 | $152.5M | 4.40% |
| 3 | Manulife Financial Corp. | 56501R106 | 4,792,309 | $149.4M | 4.32% |
| 4 | Brookfield Corp. | 11271J107 | 2,164,145 | $148.6M | 4.29% |
| 5 | Canadian Imperial Bank of Commerce | CNDIF | 1,831,480 | $146.4M | 4.23% |
| 6 | Bank of Montreal | 063671101 | 1,107,992 | $144.5M | 4.17% |
| 7 | Saputo Inc. | SAPIF | 5,843,711 | $142.0M | 4.10% |
| 8 | TC Energy Corp. | TRPRF | 2,496,017 | $135.8M | 3.92% |
| 9 | Royal Bank of Canada | 780087102 | 917,144 | $135.3M | 3.91% |
| 10 | Bank of Nova Scotia | 064149107 | 2,085,294 | $134.9M | 3.90% |
| 11 | Enbridge Inc. | ENNPF | 2,619,954 | $132.3M | 3.82% |
| 12 | Canadian Tire Corp. Ltd. - Class a | 136681202 | 1,026,702 | $122.3M | 3.53% |
| 13 | Pembina Pipeline Corp. | PPLOF | 2,975,924 | $120.4M | 3.48% |
| 14 | Canadian Pacific Kansas City Ltd. | CP | 1,494,133 | $111.3M | 3.22% |
| 15 | Intact Financial Corp | 45823T106 | 510,975 | $99.5M | 2.87% |
| 16 | Element Fleet Management Corp. | ELEEF | 3,700,850 | $95.9M | 2.77% |
| 17 | CCL Industries Inc. | 124900309 | 1,561,966 | $88.1M | 2.54% |
| 18 | National Bank of Canada | NBHC | 800,544 | $85.1M | 2.46% |
| 19 | Canadian National Railway Co. | 136375102 | 742,230 | $70.0M | 2.02% |
| 20 | Sun Life Financial Inc. | SUNFF | 1,145,224 | $68.8M | 1.99% |
| 21 | Cummins Inc. | CMI | 107,510 | $45.4M | 1.31% |
| 22 | Wells Fargo & Co. | 949746101 | 533,131 | $44.7M | 1.29% |
| 23 | AbbVie Inc. | ABBV | 192,068 | $44.5M | 1.28% |
| 24 | Applied Materials Inc. | 038222105 | 207,674 | $42.5M | 1.23% |
| 25 | T-Mobile US Inc. | TMUSZ | 171,071 | $41.0M | 1.18% |
| 26 | Oracle Corp. | ORCL-PD | 139,871 | $39.3M | 1.14% |
| 27 | United Rentals Inc. | URI | 41,061 | $39.2M | 1.13% |
| 28 | Siemens AG - ADR | 826197501 | 280,625 | $37.9M | 1.09% |
| 29 | Booking Holdings Inc. | BKNG | 6,972 | $37.6M | 1.09% |
| 30 | Home Depot Inc./The | HD | 85,308 | $34.6M | 1.00% |
| 31 | NextEra Energy Inc. | NEE-PW | 456,546 | $34.5M | 1.00% |
| 32 | Boardwalk Real Estate Investment trust | 096631106 | 688,497 | $34.2M | 0.99% |
| 33 | Nutrien Ltd. | NTR | 578,782 | $34.0M | 0.98% |
| 34 | Air Products & Chemicals Inc. | AIIR | 120,233 | $32.8M | 0.95% |
| 35 | Broadcom Inc. | AVGO | 96,165 | $31.7M | 0.92% |
| 36 | Medtronic PLC | MDT | 289,535 | $27.6M | 0.80% |
| 37 | Honeywell International Inc. | 438516106 | 130,797 | $27.5M | 0.80% |
| 38 | NXP Semiconductors NV | NXPI | 118,542 | $27.0M | 0.78% |
| 39 | Becton Dickinson and Co. | BDX | 143,928 | $26.9M | 0.78% |
| 40 | Enel SpA - ADR | 29265W207 | 2,845,097 | $26.9M | 0.78% |
| 41 | Unilever PLC - ADR | UNLYF | 432,684 | $25.6M | 0.74% |
| 42 | Merck & Co. Inc. | MRK | 293,875 | $24.7M | 0.71% |
| 43 | Schneider Electric SE - ADR | 80687P106 | 412,887 | $23.1M | 0.67% |
| 44 | LVMH Moet Hennessy Louis Vuitton ADR | 502441306 | 181,821 | $22.2M | 0.64% |
| 45 | Carrier Global Corp. | CARR | 368,549 | $22.0M | 0.64% |
| 46 | SAP SE - ADR | SAPGF | 79,828 | $21.3M | 0.62% |
| 47 | Taiwan Semiconductor Manufacturing Co. Ltd. | 874039100 | 70,352 | $19.6M | 0.57% |
| 48 | Sony Group Corp. - ADR | SNEJF | 613,445 | $17.7M | 0.51% |
| 49 | Granite Real Estate Investment trust | 387437205 | 304,235 | $16.9M | 0.49% |
| 50 | Allied Properties Real Estate Investment Trust | 019456102 | 1,127,817 | $16.8M | 0.49% |
| 51 | Equinix Inc. | EQIX | 16,218 | $12.7M | 0.37% |
| 52 | ConocoPhillips | COP | 131,443 | $12.4M | 0.36% |
| 53 | Entergy Corp. | ENO | 128,830 | $12.0M | 0.35% |
| 54 | US Bancorp | USB-PS | 243,101 | $11.7M | 0.34% |
| 55 | CDW Corp/DE | CDW | 72,985 | $11.6M | 0.34% |
| 56 | Emera Inc. | EMRJF | 218,770 | $10.5M | 0.30% |
| 57 | Global Payments Inc. | 37940X102 | 100,286 | $8.3M | 0.24% |
| 58 | The North West Co Inc. | 663278208 | 194,680 | $6.7M | 0.19% |
| 59 | TELUS Corp. | TU | 350,756 | $5.5M | 0.16% |
| 60 | Exchange Income Corp. | 301283107 | 50,530 | $2.6M | 0.08% |
| 61 | Iberdrola SA-Sponsored ADR | 450737101 | 24,240 | $1.8M | 0.05% |
| 62 | Toronto-Dominion Bank | TORO | 17,520 | $1.4M | 0.04% |
| 63 | Stanley Black & Decker Inc. | SWK | 9,935 | $738,469 | 0.02% |
| 64 | Fortis Inc./Canada | FTRSF | 10,945 | $555,505 | 0.02% |
| 65 | Dollarama Inc. | DLMAF | 3,810 | $502,787 | 0.01% |
| 66 | Microsoft Corp. | MSFT | 930 | $481,694 | 0.01% |
| 67 | Pepsico Inc. | PEP | 3,180 | $446,599 | 0.01% |
| 68 | Bank of America Corp. | 060505104 | 7,570 | $390,536 | 0.01% |
| 69 | Analog Devices Inc. | ADI | 1,215 | $298,526 | 0.01% |
| 70 | JPMorgan Chase & Co. | VYLD | 944 | $297,766 | 0.01% |
| 71 | Texas Instruments Inc. | 882508104 | 1,570 | $288,456 | 0.01% |
| 72 | Apple Inc. | AAPL | 1,085 | $276,274 | 0.01% |
| 73 | Comcast Corp. Class A | CCZ | 8,070 | $253,559 | 0.01% |
| 74 | Agnico-Eagle Mines Ltd. | AEM | 1,455 | $245,216 | 0.01% |
| 75 | Amgen Inc. | AMGN | 850 | $239,870 | 0.01% |
| 76 | PNC Financial Services Group Inc. | 693475105 | 1,000 | $200,930 | 0.01% |
| 77 | Northland Power Inc. | NPIFF | 10,000 | $167,527 | 0.00% |