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Institutional Investment Manager
Cardinal Capital Management, Inc.
Cardinal Capital Management, Inc. (CIK: 0001518235), located at 400 - 1780 Wellington Avenue, Winnipeg, A2. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 54 holdings with a total value of $932,355,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TORONTO DOMINION BK ONT 1,257,696 62,028,000 6.65%
2 ROYAL BK CDA MONTREAL QUE 897,589 60,746,000 6.52%
3 BANK N S HALIFAX 1,059,428 58,988,000 6.33%
4 BANK MONTREAL QUE 808,084 58,119,000 6.23%
5 CDN IMPERIAL BK COMM TORONTO 666,186 54,358,000 5.83%
6 SUN LIFE FINL INC 1,359,246 52,185,000 5.60%
7 SUNCOR ENERGY INC NEW 1,527,881 49,955,000 5.36%
8 TRANSCANADA CORP 1,103,113 49,738,000 5.33%
9 CANADIAN NAT RES LTD 1,552,033 49,461,000 5.30%
10 TELUS CORP 1,420,333 45,222,000 4.85%
11 BCE INC 983,119 42,490,000 4.56%
12 ENBRIDGE INC 939,134 39,518,000 4.24%
13 CANADIAN NATL RY CO 556,475 37,450,000 4.02%
14 CENOVUS ENERGY INC 2,426,909 36,692,000 3.94%
15 PNC FINL SVCS GROUP INC 136,979 16,021,000 1.72%
16 US BANCORP DEL 288,915 14,842,000 1.59%
17 MICROSOFT CORP 236,230 14,679,000 1.57%
18 WELLS FARGO & CO NEW 247,140 13,620,000 1.46%
19 INTEL CORP 372,942 13,527,000 1.45%
20 GENERAL ELECTRIC CO 419,995 13,272,000 1.42%
21 JOHNSON & JOHNSON 113,098 13,030,000 1.40%
22 CISCO SYS INC 427,584 12,922,000 1.39%
23 HONEYWELL INTL INC 110,883 12,846,000 1.38%
24 UNITED TECHNOLOGIES CORP 111,895 12,266,000 1.32%
25 VERIZON COMMUNICATIONS INC 219,285 11,705,000 1.26%
26 DEERE & CO 111,798 11,520,000 1.24%
27 SMUCKER J M CO 89,405 11,449,000 1.23%
28 GENERAL MLS INC 182,849 11,295,000 1.21%
29 NEXTERA ENERGY INC 85,423 10,205,000 1.09%
30 ORACLE CORP 247,078 9,500,000 1.02%
31 V F CORP 153,180 8,172,000 0.88%
32 NOVARTIS A G 65,270 4,754,000 0.51%
33 JPMORGAN CHASE & CO 50,985 4,399,000 0.47%
34 UNILEVER PLC 105,120 4,278,000 0.46%
35 SAP SE 45,170 3,904,000 0.42%
36 SANOFI 64,970 2,627,000 0.28%
37 IMPERIAL OIL LTD 10,900 1,206,000 0.13%
38 GRANITE REAL ESTATE INVT TR 35,775 1,194,000 0.13%
39 WHIRLPOOL 3,400 618,000 0.07%
40 COMCAST CORP NEW 8,625 596,000 0.06%
41 STANTEC INC 9,700 245,000 0.03%
42 GILDAN ACTIVEWEAR INC 8,700 221,000 0.02%
43 QUALCOMM INC 1,600 104,000 0.01%
44 CVS HEALTH CORP 967 92,000 0.01%
45 VERMILION ENERGY INC 1,100 46,000 0.00%
46 MANULIFE FINL CORP 2,500 45,000 0.00%
47 BANK AMER CORP 2,000 44,000 0.00%
48 POTASH CORP SASK INC 2,300 42,000 0.00%
49 AGRIUM INC 350 35,000 0.00%
50 ENCANA CORP 3,000 35,000 0.00%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001518235-17-000001, filed 2017.01.10).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.