SEC 13F Intelligence

Managers / Q4 2022 · view latest →

CARDINAL CAPITAL MANAGEMENT LLC /CT

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

Reported Value
$3.1B
Q4 2022
Positions
54
Filings on Record
25
2019–present window
Filed
Feb 13, 2023
original filing

Summary

Cardinal Capital Management LLC /Ct reported $3.1B in U.S.-listed holdings across 54 positions for Q4 2022.

Its largest position, SLGN, represents 5.7% of the portfolio.

Compared with Q3 2022, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+5.7%
vs prior filed quarter
Top-10 Concentration
+37.0%
share of reported value
Largest Position
+5.7%
Silgan
New / Exited
2 / 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. 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: 82.0%REIT: 10.2%Other: 7.2%ETP: 0.6%
  • Common Stock · 82.0% · $2.5B
  • REIT · 10.2% · $317M
  • Other · 7.2% · $222M
  • ETP · 0.6% · $18M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EQUITY COMWLTHNEW+1.63M1.63M+$41M$41M
ISHARES TRNEW+118.1K118.1K+$16M$16M
8INSYNEOS HEALTH INCSOLD OUT−979.4K0−$46M$0
HHC*HOWARD HUGHES CORPSOLD OUT−541.4K0−$30M$0
SIMOSILICON MOTION TECHNOLOGY COSOLD OUT−455.6K0−$30M$0
ISHARES TRADDED+5.5K11.1K+$1M$2M
VRRMVERRA MOBILITY CORPADDED+1.60M4.14M+$18M$57M
GXOGXO LOGISTICS INCORPORATEDADDED+554.1K1.60M+$32M$68M

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

Holdings — Q4 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SLGNSILGAN HOLDINGS INChistory →COM5.70%$177M3.41M
2NXSTNEXSTAR MEDIA GROUP INChistory →COMMON STOCK5.33%$165M943.6K
3JXC1ZIFF DAVIS INChistory →COM3.73%$116M1.46M
4DTMDT MIDSTREAM INChistory →COMMON STOCK3.37%$104M1.89M
5BWXTBWX TECHNOLOGIES INChistory →COM3.34%$104M1.78M
6GLPIGAMING & LEISURE PPTYS INChistory →COM3.22%$100M1.93M
7VTYVERINT SYS INChistory →COM3.17%$98M2.71M
8PACWUSDPACWEST BANCORP DELhistory →COM3.10%$96M4.19M
9FRMEFIRST MERCHANTS CORPhistory →COM3.05%$94M2.30M
10STWDSTARWOOD PPTY TR INChistory →COM2.95%$91M4.99M
11MGYMAGNOLIA OIL & GAS CORPhistory →CL A2.94%$91M3.89M
12WLYWILEY JOHN & SONS INChistory →CL A2.76%$85M2.13M
13TSAACI WORLDWIDE INChistory →COM2.55%$79M3.44M
14SPBSPECTRUM BRANDS HLDGS INC NEhistory →COM2.54%$79M1.29M
15LADLITHIA MTRS INChistory →COM2.53%$78M382.4K
16COLBCOLUMBIA BKG SYS INChistory →COM2.45%$76M2.52M
17ASHASHLAND INChistory →COM2.32%$72M667.8K
18LF2PACIFIC PREMIER BANCORPhistory →COM2.31%$72M2.27M
19OPLNKAR AUCTION SVCS INChistory →COM2.26%$70M5.36M
20GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK2.20%$68M1.60M
21MPTMEDICAL PPTYS TRUST INChistory →COM2.13%$66M5.92M
22ENOVENOVIS CORPORATIONhistory →COM2.06%$64M1.19M
23AXALTA COATING SYS LTDCOM1.95%$60M2.37M
24ESABESAB CORPORATIONhistory →COM1.86%$58M1.23M
25VRRMVERRA MOBILITY CORPhistory →CL A COM STK1.85%$57M4.14M
26FMCFMC CORPhistory →COM NEW1.84%$57M457.6K
27BGCPEURBGC PARTNERS INChistory →CL A1.82%$57M15.00M
28CBZCBIZ INChistory →COM1.80%$56M1.19M
29VIPER ENERGY PARTNERS LPCOM UNT RP INT1.66%$51M1.62M
30LESLIES INCCOM1.58%$49M4.02M
31VSXYVICTORIAS SECRET AND COhistory →COMMON STOCK1.45%$45M1.25M
32LIVANOVA PLCSHS1.31%$41M732.2K
33EQUITY COMWLTHCOM SH BEN INT1.31%$41M1.63M
34CCSICONSENSUS CLOUD SOLUTIONS INhistory →COM1.27%$39M732.2K
35NMRKNEWMARK GROUP INChistory →CL A1.20%$37M4.69M
36IAA-WUSDIAA INChistory →COM1.14%$35M886.9K
37FBKFB FINL CORPhistory →COM1.12%$35M958.0K
38MODVQMODIVCARE INChistory →COM1.08%$33M371.6K
39EEFTEURONET WORLDWIDE INChistory →COM1.06%$33M347.3K
40TDYTELEDYNE TECHNOLOGIES INChistory →COM0.92%$28M71.1K
41KAMNUSDKAMAN CORPhistory →COM0.89%$28M1.24M
42FULFULLER H B COhistory →COM0.89%$28M385.4K
43OXMOXFORD INDS INChistory →COM0.70%$22M233.3K
44HELEN OF TROY LTDCOM0.66%$21M185.7K
45FWRDUSDFORWARD AIR CORPhistory →COM0.66%$20M195.1K
46CHCTCOMMUNITY HEALTHCARE TR INChistory →COM0.63%$20M548.1K
47XPOXPO INChistory →COM0.58%$18M540.5K
48OSISOSI SYSTEMS INChistory →COM0.55%$17M214.3K
49ISHARES TRRUS 2000 VAL ETF0.53%$16M118.1K
50WOWWIDEOPENWEST INChistory →COM0.44%$14M1.51M

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 ↗.