Cardinal Capital Management

Name: Cardinal Capital Management 13F holdings, Q2 2026
Creator: Cardinal Capital Management
Published: 2026-07-21

Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 21, 2026), Cardinal Capital Management reported 138 stock positions worth $826.3 million. Its top holding was Eli Lilly (LLY) at 3.8% of the portfolio, followed by Johnson & Johnson (JNJ, 3.5%) and Apple (AAPL, 3.0%). Compared with Q1 2026, it opened 5 new positions, sold out of 4, added to 74 and reduced 58. The biggest buy was Synaptics (SYNA, shares +0%) and the biggest sale General Mills (GIS, shares −59%).

Most Recent 13F: Q2 2026
Location: RALEIGH, NC
CIK: 0001434845
Portfolio Value: $826.3M (Q2 2026)
SEC Filing: 0001434845-26-000004 ↗ filed Jul 21, 2026

Holdings Value

Holdings 138 stocks · $826.3M


LLY Eli Lilly & Co.	3.85%	26,505	$31.8M	Reduce -1.1%
JNJ Johnson & Johnson	3.53%	114,813	$29.2M	Reduce -1.4%
AAPL Apple Inc.	3.03%	86,434	$25.0M	Reduce -0.7%
GOOGL Alphabet Inc. Class A	2.75%	63,551	$22.7M	Reduce -1.0%
BNY Bank of New York Mellon Corp.	2.37%	135,400	$19.6M	Reduce -1.1%
COST Costco Wholesale Corp.	2.33%	20,616	$19.3M	Reduce -0.6%
JPM JPMorgan Chase & Co.	2.31%	58,423	$19.1M	Reduce -0.6%
MSFT Microsoft Corp.	2.26%	50,127	$18.7M	Add +1.1%
CSCO Cisco Systems Inc.	2.22%	156,094	$18.3M	Reduce -1.0%
DE Deere & Co.	2.12%	27,589	$17.5M	Reduce -1.0%
WMT Walmart Inc.	2.11%	153,893	$17.4M	Reduce -0.7%
XOM Exxon Mobil Corp.	1.90%	115,027	$15.7M	Reduce -0.3%
CMI Cummins Inc.	1.80%	20,873	$14.9M	Reduce -0.8%
QCOM Qualcomm Inc.	1.56%	69,614	$12.9M	Reduce -0.0%
EMR Emerson Electric Co.	1.53%	88,412	$12.7M	Reduce -0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	1.52%	44,694	$12.6M	Reduce -0.0%
MRK Merck & Co. Inc.	1.51%	96,235	$12.4M	Reduce -0.4%
ECL Ecolab Inc.	1.45%	42,962	$12.0M	Reduce -0.3%
ITW Illinois Tool Works	1.43%	43,427	$11.8M	Reduce -0.4%
KEYS Keysight Technologies Inc.	1.40%	33,041	$11.6M	Reduce -16.1%
LH Labcorp Holdings Inc.	1.30%	38,484	$10.8M	Reduce -0.3%
LOW Lowe's Cos Inc.	1.29%	48,228	$10.6M	Reduce -0.1%
TFC Truist Financial Corp.	1.25%	207,732	$10.3M	Reduce -0.5%
ADP Automatic Data Processing	1.22%	44,656	$10.1M	Add +0.9%
A Agilent Technologies Inc.	1.21%	75,200	$10.0M	Reduce -0.1%
COP Conocophillips	1.16%	92,012	$9.6M	Add +0.1%
SBUX Starbucks Corp.	1.15%	93,350	$9.5M	Reduce -0.2%
STT State Street Corp.	1.13%	54,929	$9.3M	Reduce -0.8%
ODC Oil-Dri Corp. of America	1.08%	87,391	$8.9M	Reduce -0.8%
AGX Argan Inc.	1.07%	11,042	$8.8M	Reduce -36.6%
MMM 3M Co.	1.06%	54,320	$8.8M	Reduce -0.6%
PG The Procter & Gamble Co.	1.06%	59,816	$8.8M	Add +0.9%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	1.01%	73,050	$8.3M	Add +0.1%
HAS Hasbro Inc.	1.00%	99,780	$8.2M	Reduce -0.3%
RY Royal Bank of Canada	0.99%	39,630	$8.2M	Reduce -0.4%
FFIV F5 Inc.	0.98%	19,383	$8.1M	Add +0.2%
NFG National Fuel Gas Co.	0.95%	100,653	$7.8M	Reduce -0.6%
NVS Novartis AG-Sponsored ADR	0.94%	49,670	$7.8M	Reduce -0.0%
CW Curtiss-Wright Corp.	0.94%	10,229	$7.8M	Reduce -0.5%
IDXX Idexx Laboratories Inc.	0.90%	14,151	$7.4M	Add +0.3%
KO The Coca-Cola Co.	0.83%	83,625	$6.8M	Reduce -0.7%
MDT Medtronic PLC	0.81%	85,040	$6.7M	Add +1.6%
UTHR United Therapeutics Corp.	0.78%	11,970	$6.5M	Reduce -1.3%
SYNA Synaptics Inc.	0.75%	49,685	$6.2M	Add +0.3%
BMY Bristol-Myers Squibb Co.	0.73%	105,075	$6.1M	Add +0.5%
MKC McCormick & Co.-Non VTG SHRS	0.70%	114,444	$5.8M	Add +7.1%
FDX FedEx Corp.	0.69%	18,262	$5.7M	Add +0.3%
TD Toronto-Dominion Bank	0.68%	46,344	$5.6M	Reduce -0.1%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C	0.66%	62,606	$5.4M	Add +0.7%
REGN Regeneron Pharmaceuticals	0.63%	8,397	$5.2M	Reduce -0.5%
LSTR Landstar System Inc.	0.63%	25,240	$5.2M	Reduce -1.4%
BDX Becton Dickinson and Co.	0.62%	33,970	$5.1M	Add +1.3%
TDY Teledyne Technologies Inc.	0.61%	7,603	$5.1M	Reduce -0.7%
PLPC Preformed Line Products Co.	0.61%	12,198	$5.0M	Add +0.1%
GOOG Alphabet Inc. Class C	0.60%	13,942	$4.9M	Reduce -0.8%
PSX Phillips 66	0.58%	28,388	$4.8M	Reduce -0.5%
USLM United States Lime & Mineral	0.56%	44,576	$4.7M	Add +0.1%
PEP Pepsico Inc.	0.56%	33,874	$4.6M	Add +0.9%
BCPC Balchem Corp.	0.55%	26,722	$4.5M	Reduce -0.2%
SNA Snap-on Inc.	0.55%	11,212	$4.5M	Reduce -1.1%
SHEL Shell PLC-ADR	0.54%	57,591	$4.5M	Add +0.1%
RJF Raymond James Financial Inc.	0.52%	28,509	$4.3M	Reduce -0.4%
SAP Sap SE-Sponsored ADR	0.51%	27,561	$4.2M	Add +1.1%
WBS Webster Financial Corp.	0.51%	55,026	$4.2M	Reduce -1.0%
TM Toyota Motor Corp. -Spon ADR	0.50%	24,586	$4.1M	Add +0.9%
IDCC Interdigital Inc.	0.50%	14,580	$4.1M	Reduce -0.7%
ESLT Elbit Systems Ltd.	0.47%	5,127	$3.9M	Reduce -15.8%
DXCM Dexcom Inc.	0.46%	56,890	$3.8M	Add +1.4%
CACI Caci International Inc. Class A	0.45%	7,956	$3.7M	Add +0.6%
CRUS Cirrus Logic Inc.	0.44%	24,253	$3.6M	Reduce -0.4%
GIS General Mills Inc.	0.44%	103,403	$3.6M	Reduce -58.7%
TTE Totalenergies SE	0.43%	45,547	$3.6M	Add +0.3%
JAZZ Jazz Pharmaceuticals PLC	0.43%	14,867	$3.6M	Add +1.1%
SR Spire Inc.	0.42%	43,955	$3.5M	Reduce -0.1%
BSAC Banco Santander-Chile-ADR	0.42%	104,641	$3.4M	Add +1.2%
HBAN Huntington Bancshares Inc.	0.42%	192,606	$3.4M	Add +0.1%
SNY Sanofi-ADR	0.42%	80,450	$3.4M	Add +7.2%
BMI Badger Meter Inc.	0.40%	22,515	$3.3M	Add +9.0%
GSK GSK PLC-Spon ADR	0.40%	62,101	$3.3M	Reduce -0.1%
ENS Enersys	0.40%	13,992	$3.3M	Add +17.6%
PAHC Phibro Animal Health Corp. Class A	0.38%	99,723	$3.1M	Add +0.7%
PFE Pfizer Inc.	0.36%	124,537	$3.0M	Add +0.7%
CFR Cullen/Frost Bankers Inc.	0.36%	19,329	$3.0M	Add +1.7%
FNB FNB Corp.	0.35%	153,002	$2.9M	Add +0.6%
DLB Dolby Laboratories Inc. Class A	0.35%	54,613	$2.9M	Add +11.8%
UPS United Parcel Service Class B	0.34%	26,066	$2.8M	Add +0.7%
Q Qnity Electronics Inc.	0.34%	17,128	$2.8M	Reduce -0.7%
KE Kimball Electronics Inc.	0.34%	108,172	$2.8M	Reduce -0.2%
OZK Bank Ozk	0.32%	51,317	$2.7M	Add +0.7%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC	0.32%	19,159	$2.6M	Add +5.0%
CRL Charles River Laboratories	0.31%	11,206	$2.5M	Add +1.6%
UNB Union Bankshares Inc.	0.31%	104,509	$2.5M	Add +1.9%
WLY Wiley (john) & Sons Class A	0.30%	50,389	$2.4M	Add +0.9%
NVO Novo-Nordisk A/S-Spons ADR	0.29%	50,261	$2.4M	Add +7.6%
NXPI NXP Semiconductors NV	0.29%	8,533	$2.4M	Add +0.8%
HUBG Hub Group Inc. Class A	0.29%	54,305	$2.4M	Add +0.0%
UL Unilever PLC-Sponsored ADR	0.29%	39,489	$2.4M	Add +5.1%
TMP Tompkins Financial Corp.	0.29%	25,088	$2.4M	Add +2.3%
MORN Morningstar Inc.	0.28%	15,051	$2.3M	Add +9.3%
GGG Graco Inc.	0.28%	30,314	$2.3M	Add +2.6%
LNN Lindsay Corp.	0.28%	18,404	$2.3M	Add +1.9%
IT Gartner Inc.	0.28%	17,553	$2.3M	Add +1449.3%
CTVA Corteva Inc.	0.27%	26,701	$2.3M	Reduce -1.1%
HALO Halozyme Therapeutics Inc.	0.27%	28,076	$2.2M	Add +36.6%
LZB La-Z-Boy Inc.	0.25%	52,292	$2.1M	Add +1.8%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC	0.25%	42,314	$2.1M	Add +19.0%
VC Visteon Corp.	0.25%	21,057	$2.1M	Add +1.2%
GNTX Gentex Corp.	0.25%	80,375	$2.0M	Add +1.5%
MIDD Middleby Corp.	0.24%	11,652	$2.0M	Add +0.8%
MHK Mohawk Industries Inc.	0.24%	16,049	$1.9M	Add +3.5%
CALM Cal-Maine Foods Inc.	0.23%	23,829	$1.9M	New
RCI Rogers Communications Inc. Class B	0.23%	58,390	$1.9M	New
UTMD Utah Medical Products Inc.	0.23%	27,094	$1.9M	Add +2.1%
HAE Haemonetics Corp.	0.23%	24,817	$1.9M	Add +3.8%
ALRM Alarm.com Holdings Inc.	0.21%	37,313	$1.7M	Add +6.9%
VEEV Veeva Systems Inc. Class A	0.21%	9,637	$1.7M	Reduce -43.9%
OFLX Omega Flex Inc.	0.21%	53,895	$1.7M	Add +18.2%
WOR Worthington Enterprises Inc.	0.21%	31,607	$1.7M	Add +2.1%
HSIC Henry Schein Inc. filed as SCHEIN HENRY INC	0.20%	19,621	$1.6M	Add +41.1%
ALC Alcon Inc. filed as ALCON AG	0.19%	23,846	$1.6M	Add +13.5%
WAT Waters Corp.	0.19%	4,244	$1.6M	Add +0.1%
OLED Universal Display Corp.	0.19%	17,734	$1.5M	Add +44.8%
IIIN Insteel Industries Inc.	0.18%	49,905	$1.5M	Add +7.8%
AOS Smith (a.o.) Corp.	0.18%	23,728	$1.5M	Add +15.4%
FDXF FedEx Freight Holding Co.	0.16%	8,998	$1.4M	Reduce -1.1%
CHKP Check Point Software Tech	0.15%	9,374	$1.2M	Add +6.9%
INTC Intel Corp.	0.14%	8,123	$1.1M	Reduce -8.3%
AMCR Amcor PLC	0.13%	25,718	$1.1M	New
AMZN Amazon.com Inc.	0.13%	4,461	$1.1M	Add +3.0%
WS Worthington Steel Inc.	0.12%	28,571	$959K	Add +33.1%
IGSB iShares 1-5Y Inv Grade Corp.	0.09%	13,826	$725K	Reduce -6.4%
DD Dupont DE Nemours Inc.	0.09%	5,191	$704K	Add +49.2%
TSM Taiwan Semiconductor-SP ADR	0.06%	1,054	$504K	Add +3.0%
SPY SS SPDR S&P 500 ETF Trust-US	0.06%	645	$483K	Add +18.4%
HLN Haleon PLC-ADR	0.06%	50,939	$475K	Add +3.6%
EFA iShares MSCI Eafe ETF	0.04%	3,347	$348K	New
IWM iShares Russell 2000 ETF	0.04%	1,078	$324K	New
VOO Vanguard S&P 500 ETF	0.02%	297	$204K	No change

Portfolio Sells Q1 2026 → Q2 2026


GIS General Mills Inc.	Reduce -58.7%	0.44%	−0.76
XOM Exxon Mobil Corp.	Reduce -0.3%	1.90%	−0.62
MASI Masimo Corp.	Sold out	0.00%	−0.51
WMT Walmart Inc.	Reduce -0.7%	2.11%	−0.38
SAM Boston Beer Company Inc. Class A	Sold out	0.00%	−0.34
COST Costco Wholesale Corp.	Reduce -0.6%	2.33%	−0.33
NFG National Fuel Gas Co.	Reduce -0.6%	0.95%	−0.29
SEE Sealed Air Corp.	Sold out	0.00%	−0.28
HAS Hasbro Inc.	Reduce -0.3%	1.00%	−0.21
REGN Regeneron Pharmaceuticals	Reduce -0.5%	0.63%	−0.21
ESLT Elbit Systems Ltd.	Reduce -15.8%	0.47%	−0.20
LOW Lowe's Cos Inc.	Reduce -0.1%	1.29%	−0.18
VEEV Veeva Systems Inc. Class A	Reduce -43.9%	0.21%	−0.18
AGX Argan Inc.	Reduce -36.6%	1.07%	−0.16
UTHR United Therapeutics Corp.	Reduce -1.3%	0.78%	−0.14
JNJ Johnson & Johnson	Reduce -1.4%	3.53%	−0.14
SR Spire Inc.	Reduce -0.1%	0.42%	−0.10
PSX Phillips 66	Reduce -0.5%	0.58%	−0.09
IDCC Interdigital Inc.	Reduce -0.7%	0.50%	−0.07
GSK GSK PLC-Spon ADR	Reduce -0.1%	0.40%	−0.05
ITW Illinois Tool Works	Reduce -0.4%	1.43%	−0.04
BCPC Balchem Corp.	Reduce -0.2%	0.55%	−0.04
NVS Novartis AG-Sponsored ADR	Reduce -0.0%	0.94%	−0.04
KEYS Keysight Technologies Inc.	Reduce -16.1%	1.40%	−0.03
ECL Ecolab Inc.	Reduce -0.3%	1.45%	−0.03
LH Labcorp Holdings Inc.	Reduce -0.3%	1.30%	−0.02
CRUS Cirrus Logic Inc.	Reduce -0.4%	0.44%	−0.02
CTVA Corteva Inc.	Reduce -1.1%	0.27%	−0.02
MICC The Magnum Ice Cream Co. NV	Sold out	0.00%	−0.02
FDXF FedEx Freight Holding Co.	Reduce -1.1%	0.16%	−0.01
IGSB iShares 1-5Y Inv Grade Corp.	Reduce -6.4%	0.09%	−0.01
RJF Raymond James Financial Inc.	Reduce -0.4%	0.52%	−0.01
KO The Coca-Cola Co.	Reduce -0.7%	0.83%	−0.00
MRK Merck & Co. Inc.	Reduce -0.4%	1.51%	−0.00
KE Kimball Electronics Inc.	Reduce -0.2%	0.34%	+0.00
WBS Webster Financial Corp.	Reduce -1.0%	0.51%	+0.01
SNA Snap-on Inc.	Reduce -1.1%	0.55%	+0.02
TFC Truist Financial Corp.	Reduce -0.5%	1.25%	+0.02
TDY Teledyne Technologies Inc.	Reduce -0.7%	0.61%	+0.02
EMR Emerson Electric Co.	Reduce -0.5%	1.53%	+0.03
CW Curtiss-Wright Corp.	Reduce -0.5%	0.94%	+0.04
MMM 3M Co.	Reduce -0.6%	1.06%	+0.04
SBUX Starbucks Corp.	Reduce -0.2%	1.15%	+0.07
GOOG Alphabet Inc. Class C	Reduce -0.8%	0.60%	+0.08
Q Qnity Electronics Inc.	Reduce -0.7%	0.34%	+0.08
JPM JPMorgan Chase & Co.	Reduce -0.6%	2.31%	+0.08
INTC Intel Corp.	Reduce -8.3%	0.14%	+0.09
DE Deere & Co.	Reduce -1.0%	2.12%	+0.09
A Agilent Technologies Inc.	Reduce -0.1%	1.21%	+0.10
LSTR Landstar System Inc.	Reduce -1.4%	0.63%	+0.10

Portfolio Buys Q1 2026 → Q2 2026


SYNA Synaptics Inc.	Add +0.3%	0.75%	+0.30
FFIV F5 Inc.	Add +0.2%	0.98%	+0.25
IT Gartner Inc.	Add +1449.3%	0.28%	+0.25
CALM Cal-Maine Foods Inc.	New	0.23%	+0.23
RCI Rogers Communications Inc. Class B	New	0.23%	+0.23
PLPC Preformed Line Products Co.	Add +0.1%	0.61%	+0.18
TROW T Rowe Price Group Inc.	Add +0.1%	1.01%	+0.16
AMCR Amcor PLC	New	0.13%	+0.13
ENS Enersys	Add +17.6%	0.40%	+0.13
BNS Bank of Nova Scotia	Add +0.7%	0.66%	+0.10
HALO Halozyme Therapeutics Inc.	Add +36.6%	0.27%	+0.09
YETI Yeti Holdings Inc.	Add +19.0%	0.25%	+0.09
NXPI NXP Semiconductors NV	Add +0.8%	0.29%	+0.08
JAZZ Jazz Pharmaceuticals PLC	Add +1.1%	0.43%	+0.07
HSIC Henry Schein Inc.	Add +41.1%	0.20%	+0.07
NVO Novo-Nordisk A/S-Spons ADR	Add +7.6%	0.29%	+0.06
CRL Charles River Laboratories	Add +1.6%	0.31%	+0.06
HAE Haemonetics Corp.	Add +3.8%	0.23%	+0.05
WLY Wiley (john) & Sons Class A	Add +0.9%	0.30%	+0.05
ADP Automatic Data Processing	Add +0.9%	1.22%	+0.05
MIDD Middleby Corp.	Add +0.8%	0.24%	+0.04
EFA iShares MSCI Eafe ETF	New	0.04%	+0.04
LZB La-Z-Boy Inc.	Add +1.8%	0.25%	+0.04
OLED Universal Display Corp.	Add +44.8%	0.19%	+0.04
IWM iShares Russell 2000 ETF	New	0.04%	+0.04
MHK Mohawk Industries Inc.	Add +3.5%	0.24%	+0.04
TMP Tompkins Financial Corp.	Add +2.3%	0.29%	+0.04
HUBG Hub Group Inc. Class A	Add +0.0%	0.29%	+0.04
WS Worthington Steel Inc.	Add +33.1%	0.12%	+0.03
WAT Waters Corp.	Add +0.1%	0.19%	+0.03
CFR Cullen/Frost Bankers Inc.	Add +1.7%	0.36%	+0.03
FNB FNB Corp.	Add +0.6%	0.35%	+0.03
HBAN Huntington Bancshares Inc.	Add +0.1%	0.42%	+0.02
OFLX Omega Flex Inc.	Add +18.2%	0.21%	+0.02
DD Dupont DE Nemours Inc.	Add +49.2%	0.09%	+0.02
GNTX Gentex Corp.	Add +1.5%	0.25%	+0.02
OZK Bank Ozk	Add +0.7%	0.32%	+0.02
ALRM Alarm.com Holdings Inc.	Add +6.9%	0.21%	+0.02
TSM Taiwan Semiconductor-SP ADR	Add +3.0%	0.06%	+0.02
UTMD Utah Medical Products Inc.	Add +2.1%	0.23%	+0.01
SPY SS SPDR S&P 500 ETF Trust-US	Add +18.4%	0.06%	+0.01
AMZN Amazon.com Inc.	Add +3.0%	0.13%	+0.01
UPS United Parcel Service Class B	Add +0.7%	0.34%	+0.01
DXCM Dexcom Inc.	Add +1.4%	0.46%	+0.01
UL Unilever PLC-Sponsored ADR	Add +5.1%	0.29%	+0.01
VC Visteon Corp.	Add +1.2%	0.25%	+0.01
AOS Smith (a.o.) Corp.	Add +15.4%	0.18%	+0.01
MKC McCormick & Co.-Non VTG SHRS	Add +7.1%	0.70%	+0.00
BMI Badger Meter Inc.	Add +9.0%	0.40%	−0.00
LNN Lindsay Corp.	Add +1.9%	0.28%	−0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	138	$826.3M	LLY, JNJ, AAPL, GOOGL, BNY
Q1 2026	136	$775.6M	JNJ, LLY, AAPL, COST, XOM
Q4 2025	133	$755.0M	LLY, JNJ, MSFT, AAPL, GOOGL
Q3 2025	131	$723.4M	MSFT, AAPL, JNJ, LLY, COST
Q2 2025	128	$681.4M	MSFT, LLY, COST, AAPL, JNJ
Q1 2025	132	$645.7M	LLY, COST, MSFT, JNJ, AAPL
Q4 2024	131	$637.7M	LLY, MSFT, AAPL, COST, JNJ
Q3 2024	130	$642.8M	LLY, MSFT, AAPL, COST, JNJ
Q2 2024	134	$593.7M	LLY, MSFT, COST, AAPL, JNJ
Q1 2024Amended	139	$614.6M	LLY, MSFT, JNJ, COST, AAPL