Cardinal Point Capital Management ULC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), Cardinal Point Capital Management ULC reported 72 stock positions worth $525.6 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 23.5% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 13.6%) and Vanguard Intermediate-Term T (VGIT, 7.8%). Compared with Q4 2023, it opened 10 new positions, sold out of 7, added to 29 and reduced 9. The biggest buy was a new position in Dimensional World Ex US Core (DFAX) and the biggest sale Wisdomtree Floating Rate Tre (USFR, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001950841
- Portfolio Value
- $525.6M (Q1 2024)
- SEC Filing
- 0001085146-24-001996 ↗ filed Apr 24, 2024
Holdings Value
Holdings 72 stocks · $525.6M
| VTI VG Morningstar TS MKT ETF-US | 23.52% | 475,635 | $123.6M | Add +2.9% |
| USFR Wisdomtree Floating Rate Tre | 13.58% | 1,419,168 | $71.4M | Reduce -3.2% |
| VGIT Vanguard Intermediate-Term T | 7.77% | 697,283 | $40.8M | Add +2.4% |
| VEU Vanguard Ftse All-World Ex-U | 6.56% | 587,671 | $34.5M | Add +4.4% |
| LRGF iShares US Equity Factor ETF | 6.10% | 595,632 | $32.1M | Add +4.5% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 5.11% | 935,980 | $26.8M | Add +91.1% |
| SHV iShares 0-1 Year Treasury Bo | 4.92% | 233,951 | $25.9M | Add +61.5% |
| DFAX Dimensional World Ex US Core | 4.78% | 987,830 | $25.1M | New |
| MUB iShares National Muni Bond E | 4.69% | 228,946 | $24.6M | New |
| IAU iShares Gold Trust | 3.58% | 448,487 | $18.8M | Add +1.7% |
| BOND PIMCO Active Bond Exchange-T | 2.92% | 167,154 | $15.4M | Add +0.3% |
| IHDG Wisdomtree International Hed | 2.89% | 330,609 | $15.2M | Add +5.5% |
| DFAC Dimensional US Core Equity 2 | 2.88% | 474,462 | $15.2M | Add +2043.8% |
| FTLS First Trust Long/Short Eqty | 1.13% | 95,984 | $5.9M | Add +4.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.94% | 11,716 | $4.9M | Add +10.9% |
| AAPL Apple Inc. | 0.90% | 27,502 | $4.7M | Add +13.6% |
| TSLA Tesla Inc. | 0.54% | 16,275 | $2.9M | Add +4.8% |
| FBND Fidelity Total Bond ETF | 0.48% | 55,995 | $2.5M | Add +18.6% |
| TFLO iShares Treasury Floating Ra | 0.46% | 48,028 | $2.4M | Add +60.1% |
| VOO Vanguard S&P 500 ETF | 0.35% | 3,872 | $1.9M | Add +10.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.35% | 4,177 | $1.9M | Add +23.9% |
| EAOR iShares ESG Aware 60/40 Bala | 0.33% | 57,055 | $1.7M | Add +39.7% |
| SUSB iShares ESG Aware 1-5 Year U | 0.28% | 59,413 | $1.5M | Reduce -2.2% |
| EAOA iShares ESG Aware 80/20 Aggr | 0.27% | 42,180 | $1.4M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.24% | 2 | $1.3M | No change |
| PJUN Innovator U.S. Equity Power | 0.23% | 35,240 | $1.2M | No change |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.22% | 6,315 | $1.1M | Add +0.3% |
| AVUV Avantis US Small Cap Value | 0.21% | 11,585 | $1.1M | Add +3.6% |
| PJUL Innovator U.S. Equity Power | 0.18% | 24,465 | $929K | No change |
| DFSU Dimensional US Sus CORE1 ETF | 0.16% | 24,440 | $841K | New |
| IAPR Innovator International Deve | 0.15% | 28,750 | $781K | Reduce -33.6% |
| EAGG iShares ESG Aware US Aggrega | 0.13% | 14,835 | $698K | Reduce -3.1% |
| VT Vanguard Tot World STK ETF | 0.13% | 6,300 | $696K | New |
| DGRO iShares Core Dividend Growth | 0.13% | 11,709 | $680K | Add +0.1% |
| MSI Motorola Solutions Inc. | 0.13% | 1,880 | $669K | No change |
| VNQ Vanguard Real Estate ETF | 0.13% | 7,729 | $668K | No change |
| AOR iShares Core 60/40 Balanced | 0.13% | 11,871 | $661K | Add +0.9% |
| PAUG Innovator U.S. Equity Power | 0.13% | 18,570 | $657K | No change |
| PJAN Innovator U.S. Equity Power | 0.12% | 15,940 | $623K | No change |
| ECL Ecolab Inc. | 0.11% | 2,463 | $570K | Reduce -19.6% |
| PNOV Innovator U.S. Equity Power | 0.10% | 15,460 | $550K | No change |
| PFEB Innovator U.S. Equity Power | 0.10% | 15,490 | $529K | No change |
| PSEP Innovator U.S. Equity Power | 0.10% | 13,950 | $509K | No change |
| AMZN Amazon.com Inc. | 0.09% | 2,702 | $487K | Add +31.2% |
| EPC Edgewell Personal Care Co. | 0.09% | 12,377 | $480K | No change |
| ICLN iShares Global Clean Energy | 0.09% | 33,845 | $473K | Add +3.0% |
| GLD SPDR Gold Shares | 0.09% | 2,298 | $473K | No change |
| BGRN iShares Usd Green Bond ETF | 0.09% | 9,994 | $469K | Reduce -3.9% |
| CL Colgate-Palmolive Co. | 0.09% | 5,110 | $460K | No change |
| MCK McKesson Corp. | 0.08% | 812 | $437K | No change |
| MSFT Microsoft Corp. | 0.08% | 1,036 | $436K | Add +5.7% |
| VGT Vanguard Info Tech ETF | 0.08% | 820 | $430K | New |
| VEA Vanguard Ftse Developed ETF | 0.08% | 8,144 | $409K | Add +37.0% |
| WTMF Wisdomtree MGD Futures Strat | 0.07% | 10,430 | $391K | Reduce -92.7% |
| VUSB Vanguard Ultra Short Bond Et | 0.07% | 7,390 | $366K | New |
| GOOG Alphabet Inc. Class C | 0.07% | 2,382 | $363K | No change |
| DFSI Dimensional Int Sus COR1 ETF | 0.06% | 9,890 | $333K | New |
| NVDA Nvidia Corp. | 0.06% | 368 | $333K | New |
| IWF iShares Russell 1000 Growth | 0.06% | 923 | $311K | No change |
| LLY Eli Lilly & Co. | 0.06% | 399 | $310K | Add +0.8% |
| AGG iShares Core U.S. Aggregate | 0.06% | 3,065 | $300K | No change |
| IWB iShares Russell 1000 ETF | 0.05% | 979 | $282K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.05% | 6,612 | $276K | Add +17.8% |
| GOOGL Alphabet Inc. Class A | 0.05% | 1,600 | $241K | New |
| XLK SS Technology Select Sector | 0.04% | 1,136 | $237K | No change |
| QUAL iShares MSCI USA Quality Fac | 0.04% | 1,397 | $230K | No change |
| KAPR Innovator U.S. Small Cap Pow | 0.04% | 7,360 | $229K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.04% | 3,078 | $228K | Reduce -2.2% |
| REET iShares Global REIT ETF | 0.04% | 9,525 | $226K | Reduce -50.8% |
| XOM Exxon Mobil Corp. | 0.04% | 1,916 | $223K | New |
| AOM iShares Core 40/60 Moderate | 0.04% | 4,869 | $208K | No change |
| CHIMERA INVT CORP | 0.01% | 12,225 | $56K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| USFR Wisdomtree Floating Rate Tre | Reduce -3.2% | 13.58% | −4.24 |
| WTMF Wisdomtree MGD Futures Strat | Reduce -92.7% | 0.07% | −1.13 |
| AVDV Avantis Intl S/C Value ETF | Sold out | 0.00% | −0.16 |
| AVEM Avantis Emerging Markets Eq | Sold out | 0.00% | −0.15 |
| IAPR Innovator International Deve | Reduce -33.6% | 0.15% | −0.12 |
| RBA RB Global Inc. | Sold out | 0.00% | −0.11 |
| ESGU iShares ESG Aware MSCI USA | Sold out | 0.00% | −0.09 |
| SUSB iShares ESG Aware 1-5 Year U | Reduce -2.2% | 0.28% | −0.08 |
| PRNT The 3D Printing ETF | Sold out | 0.00% | −0.07 |
| REET iShares Global REIT ETF | Reduce -50.8% | 0.04% | −0.07 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | −0.06 |
| EAGG iShares ESG Aware US Aggrega | Reduce -3.1% | 0.13% | −0.04 |
| ECL Ecolab Inc. | Reduce -19.6% | 0.11% | −0.04 |
| BGRN iShares Usd Green Bond ETF | Reduce -3.9% | 0.09% | −0.03 |
| MVIS Microvision Inc. | Sold out | 0.00% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.2% | 0.04% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| DFAX Dimensional World Ex US Core | New | 4.78% | +4.78 |
| MUB iShares National Muni Bond E | New | 4.69% | +4.69 |
| DFAC Dimensional US Core Equity 2 | Add +2043.8% | 2.88% | +2.73 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Add +91.1% | 5.11% | +2.06 |
| SHV iShares 0-1 Year Treasury Bo | Add +61.5% | 4.92% | +1.06 |
| DFSU Dimensional US Sus CORE1 ETF | New | 0.16% | +0.16 |
| VT Vanguard Tot World STK ETF | New | 0.13% | +0.13 |
| TFLO iShares Treasury Floating Ra | Add +60.1% | 0.46% | +0.10 |
| VGT Vanguard Info Tech ETF | New | 0.08% | +0.08 |
| VUSB Vanguard Ultra Short Bond Et | New | 0.07% | +0.07 |
| DFSI Dimensional Int Sus COR1 ETF | New | 0.06% | +0.06 |
| NVDA Nvidia Corp. | New | 0.06% | +0.06 |
| GOOGL Alphabet Inc. Class A | New | 0.05% | +0.05 |
| EAOR iShares ESG Aware 60/40 Bala | Add +39.7% | 0.33% | +0.04 |
| XOM Exxon Mobil Corp. | New | 0.04% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +10.9% | 0.94% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +23.9% | 0.35% | +0.02 |
| AMZN Amazon.com Inc. | Add +31.2% | 0.09% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +37.0% | 0.08% | +0.01 |
| LLY Eli Lilly & Co. | Add +0.8% | 0.06% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +17.8% | 0.05% | −0.00 |
| MSFT Microsoft Corp. | Add +5.7% | 0.08% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +10.9% | 0.35% | −0.01 |
| DGRO iShares Core Dividend Growth | Add +0.1% | 0.13% | −0.02 |
| AOR iShares Core 60/40 Balanced | Add +0.9% | 0.13% | −0.03 |
| ICLN iShares Global Clean Energy | Add +3.0% | 0.09% | −0.03 |
| CRBN Ish Low Car Opt Ms Ac ETF-US | Add +0.3% | 0.22% | −0.04 |
| AVUV Avantis US Small Cap Value | Add +3.6% | 0.21% | −0.04 |
| FBND Fidelity Total Bond ETF | Add +18.6% | 0.48% | −0.04 |
| FTLS First Trust Long/Short Eqty | Add +4.6% | 1.13% | −0.12 |
| AAPL Apple Inc. | Add +13.6% | 0.90% | −0.23 |
| IHDG Wisdomtree International Hed | Add +5.5% | 2.89% | −0.29 |
| TSLA Tesla Inc. | Add +4.8% | 0.54% | −0.39 |
| LRGF iShares US Equity Factor ETF | Add +4.5% | 6.10% | −0.56 |
| IAU iShares Gold Trust | Add +1.7% | 3.58% | −0.58 |
| BOND PIMCO Active Bond Exchange-T | Add +0.3% | 2.92% | −0.82 |
| VEU Vanguard Ftse All-World Ex-U | Add +4.4% | 6.56% | −1.09 |
| VGIT Vanguard Intermediate-Term T | Add +2.4% | 7.77% | −2.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.9% | 23.52% | −3.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 294 | $1.8B | VTI, VEU, DFAX, USFR, VGIT |
| Q1 2026 | 286 | $1.6B | VTI, USFR, VEU, VGIT, DFAX |
| Q4 2025 | 260 | $1.5B | VTI, AAPL, USFR, VGIT, DFAX |
| Q3 2025 | 266 | $1.4B | VTI, USFR, AAPL, VGIT, DFAX |
| Q2 2025 | 242 | $1.3B | VTI, USFR, VGIT, DFAX, AAPL |
| Q1 2025 | 179 | $1.1B | VTI, USFR, VGIT, AAPL, VEU |
| Q4 2024 | 84 | $629.9M | VTI, USFR, VGIT, LRGF, VEU |
| Q3 2024 | 83 | $599.9M | VTI, USFR, VGIT, VEU, LRGF |
| Q2 2024 | 73 | $574.8M | VTI, USFR, VGIT, VEU, LRGF |
| Q1 2024 | 72 | $525.6M | VTI, USFR, VGIT, VEU, LRGF |