SEC 13F Intelligence

Managers / Q3 2020 · view latest →

CARDINAL CAPITAL MANAGEMENT LLC /CT

CIK 0001080383 · FOUR GREENWICH OFFICE PARK, GREENWICH, CT, 06831 · 203-863-8981

Reported Value
$2.4B
Q3 2020
Positions
52
Filings on Record
25
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Cardinal Capital Management LLC /Ct reported $2.4B in U.S.-listed holdings across 52 positions for Q3 2020.

Its largest position, SLGN, represents 5.1% of the portfolio.

Compared with Q2 2020, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+7.9%
vs prior filed quarter
Top-10 Concentration
+38.7%
share of reported value
Largest Position
+5.1%
Silgan
New / Exited
3 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.7BQ4 ’18Q1 ’19: $3.0BQ2 ’19: $3.1BQ3 ’19: $3.0BQ3 ’19Q4 ’19: $3.3BQ1 ’20: $2.0BQ2 ’20: $2.4BQ2 ’20Q3 ’20: $2.4BQ4 ’20: $3.4BQ1 ’21: $4.2BQ1 ’21Q2 ’21: $4.2BQ3 ’21: $4.2BQ4 ’21: $4.2BQ4 ’21Q1 ’22: $4.0BQ2 ’22: $3.3BQ3 ’22: $2.9BQ3 ’22Q4 ’22: $3.1BQ1 ’23: $2.8BQ2 ’23: $2.6BQ2 ’23Q3 ’23: $2.3BQ4 ’23: $2.2BQ1 ’24: $2.0BQ1 ’24Q2 ’24: $365MQ3 ’24: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 77.9%REIT: 11.8%Other: 6.2%ADR: 3.2%Ltd Part: 0.8%ETP: 0.2%
  • Common Stock · 77.9% · $1.9B
  • REIT · 11.8% · $282M
  • Other · 6.2% · $149M
  • ADR · 3.2% · $76M
  • Ltd Part · 0.8% · $18M
  • ETP · 0.2% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XPOXPO LOGISTICS INCNEW+214.2K214.2K+$18M$18M
OSISOSI SYSTEMS INCNEW+232.0K232.0K+$18M$18M
EEFTEURONET WORLDWIDE INCNEW+110.6K110.6K+$10M$10M
BANFBANCFIRST CORPSOLD OUT−336.9K0−$14M$0
NUANEURNUANCE COMMUNICATIONS INCSOLD OUT−527.4K0−$13M$0
WENWENDYS COSOLD OUT−454.0K0−$10M$0
DENNDENNYS CORPTRIMMED−1.31M273.4K−$13M$3M
IAA-WUSDIAA INCTRIMMED−961.3K349.3K−$32M$18M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2020

52 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SLGNSILGAN HOLDINGS INChistory →COM5.12%$122M3.33M
2TSAACI WORLDWIDE INChistory →COM4.79%$115M4.39M
3JXC1J2 GLOBAL INChistory →COM4.03%$96M1.39M
4LGNDLIGAND PHARMACEUTICALS INChistory →COM NEW3.75%$90M941.3K
5NXSTNEXSTAR MEDIA GROUP INChistory →CL A3.71%$89M986.5K
6MPTMEDICAL PPTYS TRUST INChistory →COM3.69%$88M5.01M
7COLFAX CORPCOM3.58%$86M2.73M
8LADLITHIA MTRS INChistory →CL A3.38%$81M355.0K
9BWXTBWX TECHNOLOGIES INChistory →COM3.32%$80M1.41M
10TWNKEURHOSTESS BRANDS INChistory →CL A3.31%$79M6.43M
11CHNGUSDCHANGE HEALTHCARE INChistory →COM3.30%$79M5.44M
12SIMOSILICON MOTION TECHNOLOGY COhistory →SPONSORED ADR3.17%$76M2.01M
13VTYVERINT SYS INChistory →COM3.14%$75M1.56M
14PACWUSDPACWEST BANCORP DELhistory →COM2.98%$71M4.17M
15FMCF M C CORPhistory →COM NEW2.95%$71M666.2K
16OPLNKAR AUCTION SVCS INChistory →COM2.76%$66M4.59M
17STWDSTARWOOD PPTY TR INChistory →COM2.75%$66M4.36M
18COLBCOLUMBIA BKG SYS INChistory →COM2.54%$61M2.55M
19CBZCBIZ INChistory →COM2.14%$51M2.24M
20HHC*HOWARD HUGHES CORPhistory →COM2.09%$50M866.7K
21LF2PACIFIC PREMIER BANCORPhistory →COM1.89%$45M2.24M
22GLPIGAMING & LEISURE PPTYS INChistory →COM1.86%$45M1.21M
23KAMNUSDKAMAN CORPhistory →COM1.80%$43M1.11M
24CHCTCOMMUNITY HEALTHCARE TR INChistory →COM1.78%$43M910.9K
25PROVIDENCE SVC CORPCOM1.74%$42M447.5K
26FRMEFIRST MERCHANTS CORPhistory →COM1.63%$39M1.68M
278INSYNEOS HEALTH INChistory →CL A1.54%$37M694.7K
28TRNTRINITY INDS INChistory →COM1.50%$36M1.84M
29BGCPEURBGC PARTNERS INChistory →CL A1.44%$34M14.33M
30ITRIITRON INChistory →COM1.42%$34M561.2K
31TDYTELEDYNE TECHNOLOGIES INChistory →COM1.35%$32M103.9K
32ASHASHLAND GLOBAL HLDGS INChistory →COM1.32%$32M444.2K
33AXALTA COATING SYS LTDCOM1.23%$29M1.33M
34DOCUSDPHYSICIANS RLTY TRhistory →COM1.21%$29M1.61M
35CIR2USDCIRCOR INTL INChistory →COM1.12%$27M981.7K
36FBKFB FINL CORPhistory →COM1.08%$26M1.03M
37OXMOXFORD INDS INChistory →COM1.01%$24M596.9K
38ESEESCO TECHNOLOGIES INChistory →COM0.90%$22M268.8K
39CALAVO GROWERS INCCOM0.79%$19M283.9K
40IAA-WUSDIAA INChistory →COM0.76%$18M349.3K
41RTLRUSDRATTLER MIDSTREAM LPhistory →COM UNITS0.76%$18M3.05M
42XPOXPO LOGISTICS INChistory →COM0.76%$18M214.2K
43OSISOSI SYSTEMS INChistory →COM0.75%$18M232.0K
44NMRKNEWMARK GROUP INChistory →CL A0.75%$18M4.16M
45VIPER ENERGY PARTNERS LPCOM UNT RP INT0.64%$15M2.05M
46INVHINVITATION HOMES INChistory →COM0.51%$12M432.7K
47PE1EURPARSLEY ENERGY INChistory →CL A0.50%$12M1.28M
48EEFTEURONET WORLDWIDE INChistory →COM0.42%$10M110.6K
49FUODOLBY LABORATORIES INCCOM CL A0.41%$10M146.8K
50VRRMVERRA MOBILITY CORPCOM0.39%$9M974.2K
51ISHARES TRRUS 2000 VAL ETF0.16%$4M38.7K
52DENNDENNYS CORPCOM0.11%$3M273.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2024$01Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$365M55Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.0B56May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.2B60Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.3B59Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.6B60Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.8B57May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.1B54Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.9B55Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.3B55Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.0B56May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.2B58Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.2B55Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.2B53Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$4.2B55May 18, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$3.4B53Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.4B52Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.4B52Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.0B52May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.3B56Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.0B59Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.1B61Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.0B61May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.7B64Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.