Cardinal Point Capital Management ULC

TORONTO, A6

$1.8bn in 294 US stocks at the end of 30 June 2026. The top 10 are 43.7% of the money. It changed about 6.2% of the portfolio this quarter.

Value

$1.8bn

Stocks

294

Top 10 share

43.7%

Turnover

6.2%

What changed this quarter

New

Bought for the first time this quarter.

FedEx Freight Holding CompanyFDXF
0.1% of the fund
ShopifySHOP
<0.1% of the fund
Advanced Micro DevicesAMD
<0.1% of the fund
Blue Moon MetalsBMM
<0.1% of the fund
MsciMSCI
<0.1% of the fund
CelesticaCLS
<0.1% of the fund
Vanguard Scottsdale FDSVCSH
<0.1% of the fund
Coca-ColaKO
<0.1% of the fund
IntelINTC
<0.1% of the fund
Schwab Strategic TRSCHK
<0.1% of the fund
CrowdStrike HoldingsCRWD
<0.1% of the fund
FlexFLEX
<0.1% of the fund
GFL EnvironmentalGFL
<0.1% of the fund
Global X FDSPAVE
<0.1% of the fund
UnileverUL
<0.1% of the fund
Carrier GlobalCARR
<0.1% of the fund
Seagate Technology HoldingsSTX
<0.1% of the fund
Lam ResearchLRCX
<0.1% of the fund
Edwards LifesciencesEW
<0.1% of the fund
DexcomDXCM
<0.1% of the fund
Sterling InfrastructureSTRL
<0.1% of the fund
Western DigitalWDC
<0.1% of the fund
Rivian AutomotiveRIVN
<0.1% of the fund
Schwab Strategic TRFNDX
<0.1% of the fund
Ishares TRIGM
<0.1% of the fund

Added

Bought more of a stock they already held.

Vanguard Scottsdale FDSVGIT
4.0% of the fund
+4%
AppleAAPL
4.0% of the fund
+3%
Ishares TRMUB
2.2% of the fund
+2%
AlphabetGOOG
2.1% of the fund
+5%
Pimco ETF TRPYLD
1.9% of the fund
+7%
Vanguard Instl Index FDVBIL
1.4% of the fund
+17%
Berkshire HathawayBRK-B
0.8% of the fund
+9%
First TR Exch Traded FD IIIFTLS
0.6% of the fund
+4%
Agnico Eagle MinesAEM
0.6% of the fund
+3%
International Business MachinesIBM
0.6% of the fund
+5%
Amazon.comAMZN
0.5% of the fund
+3%
CGIGIB
0.5% of the fund
+4%
Costco WholesaleCOST
0.4% of the fund
+4%
Vanguard Index FDSVOO
0.3% of the fund
+5%
State STR Spdr S&P 500 ETF TSPY
0.3% of the fund
+2%
Invesco QQQ TRQQQ
0.3% of the fund
+3%
ComcastCMCSA
0.3% of the fund
+3%
Canadian Imperial Bank of Commerce /canCM
0.2% of the fund
+3%
First TR Exchange Traded FDAIRR
0.1% of the fund
+410%
Micron TechnologyMU
0.1% of the fund
+2%
Ishares TRIVV
0.1% of the fund
+114%
Bank of AmericaBAC
0.1% of the fund
+13%
Boyd Group ServicesBGSI
0.1% of the fund
+27%
GE VernovaGEV
0.1% of the fund
+8%
UnitedHealth GroupUNH
0.1% of the fund
+10%

Cut

Sold some of their stake.

Wisdomtree TRUSFR
4.1% of the fund
-3%
Toronto Dominion BankTD
2.0% of the fund
-2%
Ishares Gold TRIAU
1.3% of the fund
-3%
Suncor EnergySU
1.1% of the fund
-2%
Ishares TRTFLO
1.1% of the fund
-28%
Cisco SystemsCSCO
1.1% of the fund
-33%
WalmartWMT
1.0% of the fund
-3%
EnbridgeENB
1.0% of the fund
-2%
AlphabetGOOGL
0.6% of the fund
-5%
Vanguard MUN BD FDSVTEB
0.6% of the fund
-7%
Vanguard World FDVGT
0.4% of the fund
-5%
CorningGLW
0.3% of the fund
-3%
Walt DisneyDIS
0.2% of the fund
-18%
Vanguard Index FDSVTV
0.2% of the fund
-8%
CitigroupC
0.1% of the fund
-2%
Vanguard Index FDSVUG
0.1% of the fund
-12%
Ishares TR
0.1% of the fund
-12%
YETI HoldingsYETI
0.1% of the fund
-5%
MagniteMGNI
<0.1% of the fund
-3%
Colgate-PalmoliveCL
<0.1% of the fund
-14%
ExxonMobil HoldingsXOM
<0.1% of the fund
-4%
NikeNKE
<0.1% of the fund
-25%
Gilead SciencesGILD
<0.1% of the fund
-3%
Vanguard Star FDSVXUS
<0.1% of the fund
-6%
Southwest AirlinesLUV
<0.1% of the fund
-3%

Sold out

Sold their entire stake.

KenvueKVUE
-100%
Cadence Design SystemsCDNS
-100%
PubMaticPUBM
-100%
American Centy ETF TRAVUS
-100%
Herc HoldingsHRI
-100%
Vanguard Charlotte FDSBNDX
-100%
Ishares TRIWD
-100%
General ElectricGE
-100%
Booking HoldingsBKNG
-100%
AutozoneAZO
-100%
AT&TT
-100%
Fidelity Merrimack STR TRFBND
-100%
Vanguard BD Index FDSBSV
-100%
AstrazenecaAZN
-100%
Vanguard Index FDSVO
-100%
Capital One FinancialCOF
-100%
TotalEnergies SETTE
-100%
Pimco ETF TRBOND
-100%

Holdings

Vanguard Index FDSVTI
Share
13.0%
Value
$229m
Shares
619,030
Held
Vanguard Intl Equity Index FVEU
Share
4.4%
Value
$77m
Shares
918,218
Held
Dimensional ETF TrustDFAX
Share
4.1%
Value
$72m
Shares
1,963,742
Held
Wisdomtree TRUSFR
Share
4.1%
Value
$72m
Shares
1,436,227
-3%
Vanguard Scottsdale FDSVGIT
Share
4.0%
Value
$70m
Shares
1,186,491
+4%
AppleAAPL
Share
4.0%
Value
$70m
Shares
241,074
+3%
Ishares TRLRGF
Share
3.2%
Value
$56m
Shares
736,666
Held
Dimensional ETF TrustDFAC
Share
2.6%
Value
$46m
Shares
1,037,411
Held
Royal Bank of CanadaRY
Share
2.3%
Value
$40m
Shares
192,782
Held
Ishares TRMUB
Share
2.2%
Value
$40m
Shares
368,010
+2%
Litman Gregory FDS TRDBMF
Share
2.2%
Value
$39m
Shares
1,257,839
Held
AlphabetGOOG
Share
2.1%
Value
$38m
Shares
106,673
+5%
Toronto Dominion BankTD
Share
2.0%
Value
$35m
Shares
286,027
-2%
Pimco ETF TRPYLD
Share
1.9%
Value
$34m
Shares
1,268,316
+7%
Bank of Montreal /canBMO
Share
1.8%
Value
$31m
Shares
175,545
Held
NvidiaNVDA
Share
1.7%
Value
$31m
Shares
153,736
Held
Pimco ETF TRMINO
Share
1.5%
Value
$27m
Shares
589,978
Held
Vanguard Instl Index FDVBIL
Share
1.4%
Value
$24m
Shares
320,743
+17%
Ishares Gold TRIAU
Share
1.3%
Value
$22m
Shares
295,330
-3%
JPMorgan ChaseJPM
Share
1.1%
Value
$20m
Shares
60,964
Held
Suncor EnergySU
Share
1.1%
Value
$20m
Shares
370,018
-2%
Ishares TRTFLO
Share
1.1%
Value
$19m
Shares
373,096
-28%
Manulife FinancialMFC
Share
1.1%
Value
$19m
Shares
465,926
Held
Cisco SystemsCSCO
Share
1.1%
Value
$19m
Shares
159,168
-33%
Bank of Nova ScotiaBNS
Share
1.1%
Value
$19m
Shares
214,403
Held
Johnson & JohnsonJNJ
Share
1.0%
Value
$18m
Shares
72,763
Held
WalmartWMT
Share
1.0%
Value
$18m
Shares
159,441
-3%
MicrosoftMSFT
Share
1.0%
Value
$18m
Shares
47,939
Held
EnbridgeENB
Share
1.0%
Value
$17m
Shares
321,142
-2%
TC EnergyTRP
Share
0.9%
Value
$17m
Shares
252,072
Held
Canadian National RailwayCNI
Share
0.9%
Value
$16m
Shares
134,987
Held
SunococorpSUNC
Share
0.8%
Value
$14m
Shares
201,830
Held
Berkshire HathawayBRK-B
Share
0.8%
Value
$13m
Shares
26,745
+9%
Philip Morris InternationalPM
Share
0.8%
Value
$13m
Shares
73,386
Held
NewmontNEM
Share
0.7%
Value
$13m
Shares
141,413
Held
CVS HealthCVS
Share
0.7%
Value
$13m
Shares
123,764
Held
First TR Exch Traded FD IIIFTLS
Share
0.6%
Value
$11m
Shares
153,708
+4%
AlphabetGOOGL
Share
0.6%
Value
$11m
Shares
31,484
-5%
Vaneck ETF TrustGDX
Share
0.6%
Value
$11m
Shares
148,581
Held
Agnico Eagle MinesAEM
Share
0.6%
Value
$11m
Shares
70,836
+3%
International Business MachinesIBM
Share
0.6%
Value
$11m
Shares
39,033
+5%
Rogers CommunicationsRCI
Share
0.6%
Value
$11m
Shares
331,090
Held
Brookfield Business Partners L.P.BBUC
Share
0.6%
Value
$11m
Shares
354,970
Held
Vanguard MUN BD FDSVTEB
Share
0.6%
Value
$10m
Shares
204,989
-7%
OracleORCL
Share
0.6%
Value
$10m
Shares
70,256
Held
Open TextOTEX
Share
0.6%
Value
$10m
Shares
447,449
Held
PepsiCoPEP
Share
0.6%
Value
$10m
Shares
71,831
Held
Canadian Natural ResourcesCNQ
Share
0.5%
Value
$9m
Shares
232,108
Held
Amazon.comAMZN
Share
0.5%
Value
$9m
Shares
38,097
+3%
TeslaTSLA
Share
0.5%
Value
$9m
Shares
21,033
Held
FedExFDX
Share
0.5%
Value
$9m
Shares
28,152
Held
Dimensional ETF TrustDFSU
Share
0.5%
Value
$9m
Shares
182,564
Held
CGIGIB
Share
0.5%
Value
$8m
Shares
124,257
+4%
PfizerPFE
Share
0.5%
Value
$8m
Shares
332,062
Held
Costco WholesaleCOST
Share
0.4%
Value
$8m
Shares
8,366
+4%
VisaV
Share
0.4%
Value
$8m
Shares
22,017
Held
Vanguard World FDVGT
Share
0.4%
Value
$6m
Shares
52,872
-5%
Comfort Systems USAFIX
Share
0.4%
Value
$6m
Shares
3,149
Held
Vanguard Index FDSVOO
Share
0.3%
Value
$6m
Shares
8,447
+5%
CorningGLW
Share
0.3%
Value
$6m
Shares
22,177
-3%
ViatrisVTRS
Share
0.3%
Value
$5m
Shares
329,921
Held
State STR Spdr S&P 500 ETF TSPY
Share
0.3%
Value
$5m
Shares
6,847
+2%
Invesco QQQ TRQQQ
Share
0.3%
Value
$5m
Shares
6,297
+3%
ComcastCMCSA
Share
0.3%
Value
$4m
Shares
183,145
+3%
McDonald'sMCD
Share
0.2%
Value
$3m
Shares
12,529
Held
Canadian Imperial Bank of Commerce /canCM
Share
0.2%
Value
$3m
Shares
29,132
+3%
Dimensional ETF TrustDFSI
Share
0.2%
Value
$3m
Shares
73,261
Held
Walt DisneyDIS
Share
0.2%
Value
$3m
Shares
31,552
-18%
Select Sector Spdr TRXLK
Share
0.2%
Value
$3m
Shares
14,737
Held
Vanguard Index FDSVTV
Share
0.2%
Value
$3m
Shares
12,584
-8%
Sun Life FinancialSLF
Share
0.2%
Value
$3m
Shares
34,281
Held
First TR Exchange Traded FDAIRR
Share
0.1%
Value
$3m
Shares
19,245
+410%
Micron TechnologyMU
Share
0.1%
Value
$3m
Shares
2,188
+2%
TransaltaTAC
Share
0.1%
Value
$3m
Shares
182,560
Held
TCW ETF TrustPWRD
Share
0.1%
Value
$2m
Shares
20,215
Held
Ishares TRIVV
Share
0.1%
Value
$2m
Shares
3,289
+114%
Bank of AmericaBAC
Share
0.1%
Value
$2m
Shares
42,876
+13%
Meta PlatformsMETA
Share
0.1%
Value
$2m
Shares
4,299
Held
Boyd Group ServicesBGSI
Share
0.1%
Value
$2m
Shares
25,505
+27%
GE VernovaGEV
Share
0.1%
Value
$2m
Shares
1,967
+8%
CitigroupC
Share
0.1%
Value
$2m
Shares
16,357
-2%
UnitedHealth GroupUNH
Share
0.1%
Value
$2m
Shares
5,473
+10%
Ishares TRSUSB
Share
0.1%
Value
$2m
Shares
91,001
Held
Vanguard Index FDSVUG
Share
0.1%
Value
$2m
Shares
25,788
-12%
BrookfieldBN
Share
0.1%
Value
$2m
Shares
52,006
Held
FedEx Freight Holding CompanyFDXF
Share
0.1%
Value
$2m
Shares
14,602
New
Ishares TRITA
Share
0.1%
Value
$2m
Shares
8,780
+6%
AbbVieABBV
Share
0.1%
Value
$2m
Shares
8,437
+6%
Ishares TR
Share
0.1%
Value
$2m
Shares
53,915
-12%
Estee Lauder CompaniesEL
Share
0.1%
Value
$2m
Shares
25,745
+12%
YETI HoldingsYETI
Share
0.1%
Value
$2m
Shares
39,400
-5%
CAECAE
Share
0.1%
Value
$2m
Shares
77,661
+41%
TelusTU
Share
0.1%
Value
$2m
Shares
178,947
+3%
Vanguard Index FDSVBR
Share
0.1%
Value
$2m
Shares
7,612
Held
Alamos GoldAGI
Share
0.1%
Value
$2m
Shares
60,000
Held
Ishares TR
Share
0.1%
Value
$2m
Shares
39,025
+16%
MagniteMGNI
Share
<0.1%
Value
$2m
Shares
92,150
-3%
Ishares TRCRBN
Share
<0.1%
Value
$2m
Shares
6,794
Held
Ishares TRIWF
Share
<0.1%
Value
$2m
Shares
13,487
+11%
NetflixNFLX
Share
<0.1%
Value
$2m
Shares
22,565
Held

Company	Share of fund	Value	Shares	Change
Vanguard Index FDSVTI	13.0%	$229m	619,030	Held
Vanguard Intl Equity Index FVEU	4.4%	$77m	918,218	Held
Dimensional ETF TrustDFAX	4.1%	$72m	1,963,742	Held
Wisdomtree TRUSFR	4.1%	$72m	1,436,227	-3%
Vanguard Scottsdale FDSVGIT	4.0%	$70m	1,186,491	+4%
AppleAAPL	4.0%	$70m	241,074	+3%
Ishares TRLRGF	3.2%	$56m	736,666	Held
Dimensional ETF TrustDFAC	2.6%	$46m	1,037,411	Held
Royal Bank of CanadaRY	2.3%	$40m	192,782	Held
Ishares TRMUB	2.2%	$40m	368,010	+2%
Litman Gregory FDS TRDBMF	2.2%	$39m	1,257,839	Held
AlphabetGOOG	2.1%	$38m	106,673	+5%
Toronto Dominion BankTD	2.0%	$35m	286,027	-2%
Pimco ETF TRPYLD	1.9%	$34m	1,268,316	+7%
Bank of Montreal /canBMO	1.8%	$31m	175,545	Held
NvidiaNVDA	1.7%	$31m	153,736	Held
Pimco ETF TRMINO	1.5%	$27m	589,978	Held
Vanguard Instl Index FDVBIL	1.4%	$24m	320,743	+17%
Ishares Gold TRIAU	1.3%	$22m	295,330	-3%
JPMorgan ChaseJPM	1.1%	$20m	60,964	Held
Suncor EnergySU	1.1%	$20m	370,018	-2%
Ishares TRTFLO	1.1%	$19m	373,096	-28%
Manulife FinancialMFC	1.1%	$19m	465,926	Held
Cisco SystemsCSCO	1.1%	$19m	159,168	-33%
Bank of Nova ScotiaBNS	1.1%	$19m	214,403	Held
Johnson & JohnsonJNJ	1.0%	$18m	72,763	Held
WalmartWMT	1.0%	$18m	159,441	-3%
MicrosoftMSFT	1.0%	$18m	47,939	Held
EnbridgeENB	1.0%	$17m	321,142	-2%
TC EnergyTRP	0.9%	$17m	252,072	Held
Canadian National RailwayCNI	0.9%	$16m	134,987	Held
SunococorpSUNC	0.8%	$14m	201,830	Held
Berkshire HathawayBRK-B	0.8%	$13m	26,745	+9%
Philip Morris InternationalPM	0.8%	$13m	73,386	Held
NewmontNEM	0.7%	$13m	141,413	Held
CVS HealthCVS	0.7%	$13m	123,764	Held
First TR Exch Traded FD IIIFTLS	0.6%	$11m	153,708	+4%
AlphabetGOOGL	0.6%	$11m	31,484	-5%
Vaneck ETF TrustGDX	0.6%	$11m	148,581	Held
Agnico Eagle MinesAEM	0.6%	$11m	70,836	+3%
International Business MachinesIBM	0.6%	$11m	39,033	+5%
Rogers CommunicationsRCI	0.6%	$11m	331,090	Held
Brookfield Business Partners L.P.BBUC	0.6%	$11m	354,970	Held
Vanguard MUN BD FDSVTEB	0.6%	$10m	204,989	-7%
OracleORCL	0.6%	$10m	70,256	Held
Open TextOTEX	0.6%	$10m	447,449	Held
PepsiCoPEP	0.6%	$10m	71,831	Held
Canadian Natural ResourcesCNQ	0.5%	$9m	232,108	Held
Amazon.comAMZN	0.5%	$9m	38,097	+3%
TeslaTSLA	0.5%	$9m	21,033	Held
FedExFDX	0.5%	$9m	28,152	Held
Dimensional ETF TrustDFSU	0.5%	$9m	182,564	Held
CGIGIB	0.5%	$8m	124,257	+4%
PfizerPFE	0.5%	$8m	332,062	Held
Costco WholesaleCOST	0.4%	$8m	8,366	+4%
VisaV	0.4%	$8m	22,017	Held
Vanguard World FDVGT	0.4%	$6m	52,872	-5%
Comfort Systems USAFIX	0.4%	$6m	3,149	Held
Vanguard Index FDSVOO	0.3%	$6m	8,447	+5%
CorningGLW	0.3%	$6m	22,177	-3%
ViatrisVTRS	0.3%	$5m	329,921	Held
State STR Spdr S&P 500 ETF TSPY	0.3%	$5m	6,847	+2%
Invesco QQQ TRQQQ	0.3%	$5m	6,297	+3%
ComcastCMCSA	0.3%	$4m	183,145	+3%
McDonald'sMCD	0.2%	$3m	12,529	Held
Canadian Imperial Bank of Commerce /canCM	0.2%	$3m	29,132	+3%
Dimensional ETF TrustDFSI	0.2%	$3m	73,261	Held
Walt DisneyDIS	0.2%	$3m	31,552	-18%
Select Sector Spdr TRXLK	0.2%	$3m	14,737	Held
Vanguard Index FDSVTV	0.2%	$3m	12,584	-8%
Sun Life FinancialSLF	0.2%	$3m	34,281	Held
First TR Exchange Traded FDAIRR	0.1%	$3m	19,245	+410%
Micron TechnologyMU	0.1%	$3m	2,188	+2%
TransaltaTAC	0.1%	$3m	182,560	Held
TCW ETF TrustPWRD	0.1%	$2m	20,215	Held
Ishares TRIVV	0.1%	$2m	3,289	+114%
Bank of AmericaBAC	0.1%	$2m	42,876	+13%
Meta PlatformsMETA	0.1%	$2m	4,299	Held
Boyd Group ServicesBGSI	0.1%	$2m	25,505	+27%
GE VernovaGEV	0.1%	$2m	1,967	+8%
CitigroupC	0.1%	$2m	16,357	-2%
UnitedHealth GroupUNH	0.1%	$2m	5,473	+10%
Ishares TRSUSB	0.1%	$2m	91,001	Held
Vanguard Index FDSVUG	0.1%	$2m	25,788	-12%
BrookfieldBN	0.1%	$2m	52,006	Held
FedEx Freight Holding CompanyFDXF	0.1%	$2m	14,602	New
Ishares TRITA	0.1%	$2m	8,780	+6%
AbbVieABBV	0.1%	$2m	8,437	+6%
Ishares TR	0.1%	$2m	53,915	-12%
Estee Lauder CompaniesEL	0.1%	$2m	25,745	+12%
YETI HoldingsYETI	0.1%	$2m	39,400	-5%
CAECAE	0.1%	$2m	77,661	+41%
TelusTU	0.1%	$2m	178,947	+3%
Vanguard Index FDSVBR	0.1%	$2m	7,612	Held
Alamos GoldAGI	0.1%	$2m	60,000	Held
Ishares TR	0.1%	$2m	39,025	+16%
MagniteMGNI	<0.1%	$2m	92,150	-3%
Ishares TRCRBN	<0.1%	$2m	6,794	Held
Ishares TRIWF	<0.1%	$2m	13,487	+11%
NetflixNFLX	<0.1%	$2m	22,565	Held

Showing the largest 100 of 294.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 39.8% since 30 June 2025.

Where the money is

Financial services11.3%

Technology10.7%

Media & telecom4.3%

Industrials3.7%

Everyday goods3.2%

Health care3.1%

Energy2.9%

Materials2.0%

Retail & consumer1.7%

Utilities1.2%

Real estate0.2%

Other55.7%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.