SEC 13F Intelligence

Managers / Q3 2023 · view latest →

CARDINAL CAPITAL MANAGEMENT LLC /CT

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

Reported Value
$2.3B
Q3 2023
Positions
59
Filings on Record
25
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Cardinal Capital Management LLC /Ct reported $2.3B in U.S.-listed holdings across 59 positions for Q3 2023.

Its largest position, SLGN, represents 4.8% of the portfolio.

Compared with Q2 2023, the fund opened 3 new positions and exited 4.

Portfolio Metrics

Turnover
+4.9%
vs prior filed quarter
Top-10 Concentration
+39.4%
share of reported value
Largest Position
+4.8%
Silgan
New / Exited
3 / 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: 82.4%REIT: 9.8%Other: 7.8%
  • Common Stock · 82.4% · $1.9B
  • REIT · 9.8% · $229M
  • Other · 7.8% · $181M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BGCBGC GROUP INCNEW+12.09M12.09M+$64M$64M
MODMODINE MFG CONEW+193.2K193.2K+$9M$9M
MIDDMIDDLEBY CORPNEW+61.4K61.4K+$8M$8M
PGT INNOVATIONS INCADDED+216.5K311.0K+$6M$9M
BGCPEURBGC PARTNERS INCSOLD OUT−12.87M0−$57M$0
LESLIES INCSOLD OUT−3.46M0−$33M$0
ISHARES TRSOLD OUT−23.2K0−$3M$0
ISHARES TRSOLD OUT−1.1K0−$201,765$0

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

Holdings — Q3 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SLGNSILGAN HLDGS INChistory →COM4.84%$113M2.62M
2NXSTNEXSTAR MEDIA GROUP INChistory →COMMON STOCK4.49%$105M729.9K
3BWXTBWX TECHNOLOGIES INChistory →COM4.36%$102M1.36M
4SPBSPECTRUM BRANDS HLDGS INC NEhistory →COM4.24%$99M1.26M
5DTMDT MIDSTREAM INChistory →COMMON STOCK3.99%$93M1.76M
6LADLITHIA MTRS INChistory →COM3.88%$90M306.1K
7GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK3.85%$90M1.53M
8STWDSTARWOOD PPTY TR INChistory →COM3.36%$78M4.04M
9JXC1ZIFF DAVIS INChistory →COM3.22%$75M1.18M
10GLPIGAMING & LEISURE PPTYS INChistory →COM3.20%$75M1.64M
11TECHNIPFMC PLCCOM3.04%$71M3.48M
12ESABESAB CORPORATIONhistory →COM3.01%$70M999.9K
13OPLNOPENLANE INChistory →COM2.79%$65M4.36M
14BGCBGC GROUP INChistory →CL A2.74%$64M12.09M
15MGYMAGNOLIA OIL & GAS CORPhistory →CL A2.57%$60M2.61M
16VRRMVERRA MOBILITY CORPhistory →CL A COM STK2.53%$59M3.15M
17VTYVERINT SYS INChistory →COM2.28%$53M2.31M
18ENOVENOVIS CORPORATIONhistory →COM2.24%$52M990.1K
19AXALTA COATING SYS LTDCOM2.20%$51M1.90M
20ASHASHLAND INChistory →COM1.99%$46M566.4K
21FRMEFIRST MERCHANTS CORPhistory →COM1.90%$44M1.59M
22XPOXPO INChistory →COM1.86%$43M580.7K
23LIVANOVA PLCSHS1.75%$41M769.4K
24COLBCOLUMBIA BKG SYS INChistory →COM1.65%$38M1.90M
25CBZCBIZ INChistory →COM1.61%$37M721.9K
26LF2PACIFIC PREMIER BANCORPhistory →COM1.53%$36M1.64M
27FMCFMC CORPhistory →COM NEW1.42%$33M493.0K
28EQUITY COMWLTHCOM SH BEN INT1.39%$32M1.76M
29MPTMEDICAL PPTYS TRUST INChistory →COM1.37%$32M5.86M
30TSAACI WORLDWIDE INChistory →COM1.23%$29M1.27M
31WLYWILEY JOHN & SONS INChistory →CL A1.14%$27M717.7K
32TDCTERADATA CORP DELhistory →COM1.07%$25M554.9K
33TDYTELEDYNE TECHNOLOGIES INChistory →COM1.06%$25M60.4K
34USFDUS FOODS HLDG CORPhistory →COM1.05%$24M616.7K
35NMRKNEWMARK GROUP INChistory →CL A1.04%$24M3.77M
36EEFTEURONET WORLDWIDE INChistory →COM1.00%$23M295.0K
37GMEDGLOBUS MED INChistory →CL A0.87%$20M410.6K
38IDIINTERDIGITAL INChistory →COM0.87%$20M251.7K
39KAMNUSDKAMAN CORPhistory →COM0.84%$20M999.9K
40PACWUSDPACWEST BANCORP DELhistory →COM0.81%$19M2.38M
41VSXYVICTORIAS SECRET AND COhistory →COMMON STOCK0.80%$19M1.11M
42RBARB GLOBAL INChistory →COM0.79%$19M296.2K
43HELEN OF TROY LTDCOM0.79%$18M157.9K
44FBKFB FINL CORPhistory →COM0.79%$18M647.1K
45QDELQUIDELORTHO CORPhistory →COM0.73%$17M231.9K
46CCSICONSENSUS CLOUD SOLUTIONS INhistory →COM0.70%$16M647.1K
47LGNDLIGAND PHARMACEUTICALS INChistory →COM NEW0.53%$12M206.4K
48CHCTCOMMUNITY HEALTHCARE TR INChistory →COM0.50%$12M393.4K
49ESEESCO TECHNOLOGIES INChistory →COM0.50%$12M111.4K
50OXMOXFORD INDS INChistory →COM0.50%$12M120.2K

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 ↗.