SEC 13F Intelligence

Managers / Q2 2023 · view latest →

CARDINAL CAPITAL MANAGEMENT LLC /CT

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

Reported Value
$2.6B
Q2 2023
Positions
60
Filings on Record
25
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Cardinal Capital Management LLC /Ct reported $2.6B in U.S.-listed holdings across 60 positions for Q2 2023.

Its largest position, SLGN, represents 4.9% of the portfolio.

Compared with Q1 2023, the fund opened 7 new positions and exited 4.

Portfolio Metrics

Turnover
+8.9%
vs prior filed quarter
Top-10 Concentration
+38.5%
share of reported value
Largest Position
+4.9%
Silgan
New / Exited
7 / 4
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: 81.5%REIT: 10.4%Other: 7.9%ETP: 0.1%
  • Common Stock · 81.5% · $2.2B
  • REIT · 10.4% · $276M
  • Other · 7.9% · $209M
  • ETP · 0.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GMEDGLOBUS MED INCNEW+326.5K326.5K+$19M$19M
RBARB GLOBAL INCNEW+309.3K309.3K+$19M$19M
TDCTERADATA CORP DELNEW+311.3K311.3K+$17M$17M
7SUSUMMIT MATLS INCNEW+123.1K123.1K+$5M$5M
ISHARES TRNEW+23.2K23.2K+$3M$3M
PGT INNOVATIONS INCNEW+94.6K94.6K+$3M$3M
ISHARES TRNEW+1.1K1.1K+$201,765$201,765
XPOXPO INCADDED+543.6K664.0K+$35M$39M

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

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SLGNSILGAN HLDGS INChistory →COM4.92%$130M2.77M
2NXSTNEXSTAR MEDIA GROUP INChistory →COMMON STOCK4.89%$129M774.6K
3BWXTBWX TECHNOLOGIES INChistory →COM4.13%$109M1.52M
4SPBSPECTRUM BRANDS HLDGS INC NEhistory →COM3.88%$102M1.31M
5LADLITHIA MTRS INChistory →COM3.81%$100M330.5K
6GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK3.69%$97M1.55M
7DTMDT MIDSTREAM INChistory →COMMON STOCK3.46%$91M1.84M
8JXC1ZIFF DAVIS INChistory →COM3.32%$88M1.25M
9VTYVERINT SYS INChistory →COM3.28%$86M2.47M
10STWDSTARWOOD PPTY TR INChistory →COM3.16%$83M4.30M
11GLPIGAMING & LEISURE PPTYS INChistory →COM3.13%$83M1.71M
12VRRMVERRA MOBILITY CORPhistory →CL A COM STK2.89%$76M3.87M
13ESABESAB CORPORATIONhistory →COM2.69%$71M1.07M
14OPLNOPENLANE INChistory →COM2.67%$71M4.64M
15ENOVENOVIS CORPORATIONhistory →COM2.56%$68M1.05M
16AXALTA COATING SYS LTDCOM2.46%$65M1.98M
17MGYMAGNOLIA OIL & GAS CORPhistory →CL A2.25%$59M2.84M
18MPTMEDICAL PPTYS TRUST INChistory →COM2.16%$57M6.17M
19BGCPEURBGC PARTNERS INChistory →CL A2.16%$57M12.87M
20FMCFMC CORPhistory →COM NEW2.03%$54M513.7K
21TECHNIPFMC PLCCOM1.95%$52M3.10M
22ASHASHLAND INChistory →COM1.94%$51M590.5K
23FRMEFIRST MERCHANTS CORPhistory →COM1.87%$49M1.75M
24CBZCBIZ INChistory →COM1.65%$44M819.1K
25COLBCOLUMBIA BKG SYS INChistory →COM1.59%$42M2.07M
26LIVANOVA PLCSHS1.59%$42M815.6K
27XPOXPO INChistory →COM1.48%$39M664.0K
28EQUITY COMWLTHCOM SH BEN INT1.45%$38M1.89M
29WLYWILEY JOHN & SONS INChistory →CL A1.43%$38M1.11M
30LF2PACIFIC PREMIER BANCORPhistory →COM1.42%$38M1.82M
31EEFTEURONET WORLDWIDE INChistory →COM1.37%$36M309.0K
32LESLIES INCCOM1.23%$33M3.46M
33TSAACI WORLDWIDE INChistory →COM1.12%$29M1.27M
34IDIINTERDIGITAL INChistory →COM1.11%$29M304.4K
35TDYTELEDYNE TECHNOLOGIES INChistory →COM0.99%$26M63.5K
36KAMNUSDKAMAN CORPhistory →COM0.99%$26M1.07M
37NMRKNEWMARK GROUP INChistory →CL A0.95%$25M4.02M
38PACWUSDPACWEST BANCORP DELhistory →COM0.92%$24M2.99M
39USFDUS FOODS HLDG CORPhistory →COM0.92%$24M554.6K
40CCSICONSENSUS CLOUD SOLUTIONS INhistory →COM0.81%$21M687.2K
41FBKFB FINL CORPhistory →COM0.80%$21M757.2K
42VSXYVICTORIAS SECRET AND COhistory →COMMON STOCK0.77%$20M1.16M
43QDELQUIDELORTHO CORPhistory →COM0.76%$20M243.3K
44GMEDGLOBUS MED INChistory →CL A0.74%$19M326.5K
45RBARB GLOBAL INChistory →COM0.70%$19M309.3K
46HELEN OF TROY LTDCOM0.68%$18M165.4K
47TDCTERADATA CORP DELhistory →COM0.63%$17M311.3K
48LGNDLIGAND PHARMACEUTICALS INChistory →COM NEW0.58%$15M212.8K
49CHCTCOMMUNITY HEALTHCARE TR INChistory →COM0.54%$14M432.1K
50OXMOXFORD INDS INChistory →COM0.53%$14M142.1K

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 ↗.