SEC 13F Intelligence

Managers / Q1 2023 · view latest →

CARDINAL CAPITAL MANAGEMENT LLC /CT

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

Reported Value
$2.8B
Q1 2023
Positions
57
Filings on Record
25
2019–present window
Filed
May 15, 2023
original filing

Summary

Cardinal Capital Management LLC /Ct reported $2.8B in U.S.-listed holdings across 57 positions for Q1 2023.

Its largest position, SLGN, represents 5.8% of the portfolio.

Compared with Q4 2022, the fund opened 6 new positions and exited 3.

Portfolio Metrics

Turnover
+6.8%
vs prior filed quarter
Top-10 Concentration
+37.3%
share of reported value
Largest Position
+5.8%
Silgan
New / Exited
6 / 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: 83.2%REIT: 10.2%Other: 6.5%
  • Common Stock · 83.2% · $2.4B
  • REIT · 10.2% · $289M
  • Other · 6.5% · $185M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IDIINTERDIGITAL INCNEW+316.8K316.8K+$23M$23M
QDELQUIDELORTHO CORPNEW+249.7K249.7K+$22M$22M
TECHNIPFMC PLCNEW+1.41M1.41M+$19M$19M
RBAGBPRITCHIE BROS AUCTIONEERSNEW+322.0K322.0K+$18M$18M
USFDUS FOODS HLDG CORPNEW+410.6K410.6K+$15M$15M
LGNDLIGAND PHARMACEUTICALS INCNEW+202.0K202.0K+$15M$15M
IAA-WUSDIAA INCSOLD OUT−886.9K0−$35M$0
ISHARES TRSOLD OUT−118.1K0−$16M$0

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

Holdings — Q1 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SLGNSILGAN HLDGS INChistory →COM5.80%$164M3.05M
2NXSTNEXSTAR MEDIA GROUP INChistory →COMMON STOCK5.13%$145M840.3K
3JXC1ZIFF DAVIS INChistory →COM3.74%$106M1.35M
4BWXTBWX TECHNOLOGIES INChistory →COM3.67%$104M1.65M
5VTYVERINT SYS INChistory →COM3.54%$100M2.69M
6DTMDT MIDSTREAM INChistory →COMMON STOCK3.36%$95M1.92M
7GLPIGAMING & LEISURE PPTYS INChistory →COM3.26%$92M1.77M
8SPBSPECTRUM BRANDS HLDGS INC NEhistory →COM2.96%$84M1.26M
9STWDSTARWOOD PPTY TR INChistory →COM2.90%$82M4.63M
10GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK2.90%$82M1.62M
11LADLITHIA MTRS INChistory →COM2.87%$81M354.3K
12MGYMAGNOLIA OIL & GAS CORPhistory →CL A2.78%$79M3.59M
13WLYWILEY JOHN & SONS INChistory →CL A2.76%$78M2.01M
14BGCPEURBGC PARTNERS INChistory →CL A2.58%$73M13.97M
15VRRMVERRA MOBILITY CORPhistory →CL A COM STK2.53%$72M4.23M
16FRMEFIRST MERCHANTS CORPhistory →COM2.49%$70M2.13M
17OPLNKAR AUCTION SVCS INChistory →COM2.44%$69M5.05M
18ESABESAB CORPORATIONhistory →COM2.39%$68M1.14M
19AXALTA COATING SYS LTDCOM2.34%$66M2.18M
20FMCFMC CORPhistory →COM NEW2.23%$63M515.8K
21ASHASHLAND INChistory →COM2.22%$63M612.4K
22ENOVENOVIS CORPORATIONhistory →COM2.14%$60M1.13M
23MPTMEDICAL PPTYS TRUST INChistory →COM1.94%$55M6.67M
24CBZCBIZ INChistory →COM1.86%$53M1.06M
25LF2PACIFIC PREMIER BANCORPhistory →COM1.80%$51M2.12M
26COLBCOLUMBIA BKG SYS INChistory →COM1.79%$51M2.36M
27LESLIES INCCOM1.48%$42M3.80M
28EQUITY COMWLTHCOM SH BEN INT1.46%$41M1.99M
29VSXYVICTORIAS SECRET AND COhistory →COMMON STOCK1.45%$41M1.20M
30EEFTEURONET WORLDWIDE INChistory →COM1.27%$36M319.8K
31TSAACI WORLDWIDE INChistory →COM1.25%$35M1.31M
32PACWUSDPACWEST BANCORP DELhistory →COM1.25%$35M3.62M
33NMRKNEWMARK GROUP INChistory →CL A1.09%$31M4.37M
34LIVANOVA PLCSHS1.06%$30M688.5K
35MODVQMODIVCARE INChistory →COM1.06%$30M355.6K
36TDYTELEDYNE TECHNOLOGIES INChistory →COM1.04%$29M65.5K
37FBKFB FINL CORPhistory →COM0.99%$28M902.4K
38KAMNUSDKAMAN CORPhistory →COM0.96%$27M1.18M
39CCSICONSENSUS CLOUD SOLUTIONS INhistory →COM0.90%$26M750.0K
40IDIINTERDIGITAL INChistory →COM0.82%$23M316.8K
41QDELQUIDELORTHO CORPhistory →COM0.79%$22M249.7K
42OSISOSI SYSTEMS INChistory →COM0.73%$21M202.6K
43OXMOXFORD INDS INChistory →COM0.71%$20M191.1K
44TECHNIPFMC PLCCOM0.68%$19M1.41M
45CHCTCOMMUNITY HEALTHCARE TR INChistory →COM0.67%$19M519.2K
46RBAGBPRITCHIE BROS AUCTIONEERShistory →COM0.64%$18M322.0K
47FULFULLER H B COhistory →COM0.60%$17M246.8K
48WOWWIDEOPENWEST INChistory →COM0.58%$16M1.55M
49HELEN OF TROY LTDCOM0.58%$16M171.1K
50FWRDUSDFORWARD AIR CORPhistory →COM0.56%$16M147.0K

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 ↗.