Cardinal Capital Management, Inc. has filed its Form 13F-HR, disclosing the firm's equity holdings as of the close of business on September 30, 2026. The filing, submitted by Chief Compliance Officer DeWayne Osborn, lists a total of 76 securities held by the firm.
The portfolio is heavily concentrated in Canadian equities, with several major financial institutions and energy companies representing significant positions. Bank of Montreal holds the largest position, with 983,830 shares. Other major Canadian banks, including Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, and Toronto-Dominion Bank, are also listed among the top holdings.
Energy companies are also well represented in the portfolio. Suncor Energy Inc. appears three times in the filing with a total of 6,337,536 shares, while Pembina Pipeline Corp. is listed with a total of 7,494,799 shares. Nutrien Ltd., Enbridge Inc., and Canadian Natural Resources Ltd. are also included in the energy sector holdings.
Other notable holdings in the portfolio include Brookfield Corp. with 3,321,845 shares, Stantec Inc. with 1,620,272 shares, and Manulife Financial Corp. with 4,099,098 shares. The filing indicates that all positions are held in common stock.
