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Asset Manager ← All Institutions

Cardinal Point Capital Management ULC

3280 BLOOR STREET WEST CENTRE TOWER, SUITE 500, TORONTO, A6 M8X 2X3 • 866-213-2036

Q2 2025 · Filed 2025-07-31
Market Value
$1.3B
+16.0%
Holdings
248
+68
New Purchases
72
Added To
76
Closed
12
Reduced
64
Top 10 Concentration
46.0%
Turnover
33.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
RY 2.12% 1.20% +0.92% $27M
DFAX 3.96% 3.08% +0.88% $50M
JNJ 1.84% 1.16% +0.68% $23M
TFLO 1.28% 0.71% +0.57% $16M
COST 0.61% 0.04% +0.57% $8M
MSFT 1.10% 0.59% +0.50% $14M
ORCL 1.17% 0.76% +0.41% $15M
FIX 0.36% 0.00% +0.36% $5M
VEU 3.86% 3.67% +0.19% $49M
NFLX 0.19% 0.04% +0.16% $2M
GOOG 1.71% 1.56% +0.15% $22M
META 0.21% 0.07% +0.15% $3M
ITA 0.14% 0.00% +0.14% $2M
CDNS 0.14% 0.00% +0.14% $2M
V 0.64% 0.50% +0.14% $8M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IHDG 0.07% 1.57% -1.50% $827K
AAPL 3.87% 4.90% -1.03% $49M
BRK-B 0.42% 1.23% -0.81% $5M
USFR 5.75% 6.55% -0.81% $72M
VGIT 4.38% 4.96% -0.58% $55M
MUB 2.66% 3.21% -0.56% $34M
DBMF 2.22% 2.53% -0.31% $28M
VTI 13.28% 13.48% -0.20% $167M
PYLD 1.93% 2.12% -0.19% $24M
SU 1.16% 1.35% -0.19% $15M
KVUE 0.57% 0.75% -0.18% $7M
IAU 1.51% 1.68% -0.17% $19M
PEP 0.62% 0.78% -0.16% $8M
ENB 1.19% 1.35% -0.16% $15M
AEM 0.67% 0.82% -0.15% $8M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 65.6%
Technology 10.5%
Energy 5.4%
Communication Services 4.4%
Consumer Defensive 3.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 48 $476M 37.8%
Large Cap 129 $628M 49.8%
Mid Cap 39 $109M 8.6%
Small Cap 25 $43M 3.4%
Micro Cap 7 $5M 0.4%

Portfolio Analytics

Avg Market Cap
$231.8B
Median Market Cap
$43.4B
Avg P/E
29.5
Median P/E
23.0
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
155
# ETFs / Funds
93

Top Holdings (248 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VTI 13.28% 549,135 $167M $304.84 $21M +16,207 +3.0%
2 USFR 5.75% 1,439,759 $72M $50.31 $1M +25,410 +1.8%
3 VGIT 4.38% 923,716 $55M $59.81 $1M +16,410 +1.8%
4 DFAX 3.96% 1,699,457 $50M $29.37 $16M +421,394 +33.0%
5 AAPL 3.87% 237,427 $49M $205.17 -$4M +201,460 +560.1%
6 VEU 3.86% 723,104 $49M $67.22 $9M +66,143 +10.1%
7 LRGF 3.55% 697,614 $45M $64.13 $5M +16,598 +2.4%
8 MUB 2.66% 320,647 $34M $104.48 -$1M -10,528 -3.2%
9 DFAC 2.50% 880,460 $32M $35.84 $4M +37,492 +4.5%
10 DBMF 2.22% 1,084,995 $28M $25.73 $438K -2,850 -0.3%
11 RY 2.12% 203,319 $27M $131.55 $14M +86,102 +73.5%
12 PYLD 1.93% 914,827 $24M $26.54 $1M +41,497 +4.8%
13 JNJ 1.84% 152,684 $23M $152.21 $11M +76,087 +99.3%
14 TD 1.78% 305,827 $22M $73.41 $4M -1,641 -0.5%
15 GOOG 1.71% 109,078 $22M $197.61 $5M +96,555 +771.0%
16 BMO 1.60% 182,403 $20M $110.61 $3M -975 -0.5%
17 IAU 1.51% 305,491 $19M $62.36 $785K -4,307 -1.4%
18 JPM 1.40% 60,967 $18M $289.91 $3M +79 +0.1%
19 WMT 1.29% 166,318 $16M $97.78 $2M -325 -0.2%
20 TFLO 1.28% 318,421 $16M $50.65 $8M +166,392 +109.5%
21 CSCO 1.25% 227,485 $16M $69.38 $2M +240 +0.1%
22 ENB 1.19% 332,153 $15M $45.26 $342K -3,620 -1.1%
23 MFC 1.17% 461,756 $15M $31.91 $456K +323 +0.1%
24 ORCL 1.17% 67,185 $15M $218.63 $6M +8,218 +13.9%
25 SU 1.16% 391,847 $15M $37.39 -$5K -2,214 -0.6%
26 MSFT 1.10% 27,824 $14M $497.41 $7M +22,327 +406.2%
27 PM 1.00% 69,201 $13M $182.13 $1M -1,020 -1.4%
28 TRP 0.99% 255,288 $12M $48.73 $369K -4,400 -1.7%
29 BNS 0.97% 222,393 $12M $55.19 $2M +465 +0.2%
30 GIB 0.95% 114,758 $12M $104.82 $2M +8,825 +8.3%
31 IBM 0.83% 35,563 $10M $294.78 $2M -17 -0.1%
32 CNI 0.80% 96,569 $10M $104.00 $944K +2,350 +2.5%
33 RCI 0.79% 336,263 $10M $29.60 $1M +8,711 +2.7%
34 CVS 0.69% 125,320 $9M $68.98 $98K -825 -0.7%
35 AEM 0.67% 71,170 $8M $118.92 -$441K -23,343 -24.7%
36 NEM 0.66% 142,905 $8M $58.26 $2M -8,590 -5.7%
37 GDX 0.65% 156,905 $8M $52.06 $869K -1,875 -1.2%
38 V 0.64% 22,563 $8M $355.05 $3M +19,326 +597.0%
39 FTLS 0.63% 118,969 $8M $66.28 -$71K -5,195 -4.2%
40 PEP 0.62% 59,475 $8M $132.04 -$663K +2,680 +4.7%
41 COST 0.61% 7,732 $8M $989.94 $7M +7,294 +1665.3%
42 OTEX 0.60% 261,354 $8M $29.17 $1M -1,265 -0.5%
43 PFE 0.60% 312,032 $8M $24.24 -$274K +2,745 +0.9%
44 CMCSA 0.59% 209,915 $7M $35.69 -$84K +4,600 +2.2%
45 CNQ 0.58% 232,120 $7M $31.37 $208K +520 +0.2%
46 DFSU 0.57% 183,755 $7M $39.25 $626K -175 -0.1%
47 KVUE 0.57% 341,930 $7M $20.93 -$995K +1,995 +0.6%
48 AMZN 0.53% 30,424 $7M $219.39 $1M +19,291 +173.3%
49 BBU 0.50% 242,757 $6M $25.97 $725K -675 -0.3%
50 GOOGL 0.49% 29,811 $6M $209.23 $785K -649 -2.1%
51 NVDA 0.48% 37,970 $6M $158.00 $2M +20,478 +117.1%
52 FDX 0.47% 26,219 $6M $227.31 -$244K +771 +3.0%
53 TSLA 0.43% 17,025 $5M $318.31 $1M +1,453 +9.3%
54 BRK-B 0.42% 25,569 $5M $207.48 -$8M +14,614 +133.4%
55 DIS 0.41% 41,287 $5M $124.01 $1M +1,235 +3.1%
56 VGT 0.36% 6,904 $5M $663.28 $1M +1,073 +18.4%
57 FIX 0.36% 8,450 $5M $536.21 +8,450 NEW
58 MCD 0.30% 12,859 $4M $292.17 -$322K -200 -1.5%
59 BBUC 0.29% 118,368 $4M $31.23 $692K +250 +0.2%
60 CVE 0.26% 242,939 $3M $13.58 $232K +8,688 +3.7%
61 VTRS 0.24% 340,250 $3M $8.93 $170K +10,925 +3.3%
62 TU 0.23% 181,775 $3M $16.03 $311K +500 +0.3%
63 DFSI 0.22% 69,135 $3M $39.41 $284K -815 -1.2%
64 META 0.21% 3,624 $3M $738.09 $2M +2,366 +188.1%
65 NFLX 0.19% 1,832 $2M $1,339.13 $2M +1,381 +306.2%
66 VOO 0.19% 4,162 $2M $574.82 $207K -90 -2.1%
67 NKE 0.19% 33,332 $2M $71.04 $353K +1,590 +5.0%
68 SLF 0.18% 34,469 $2M $66.42 $274K -708 -2.0%
69 QQQ 0.18% 4,112 $2M $552.24 $384K +95 +2.4%
70 BN 0.18% 35,720 $2M $61.78 $334K -18 -0.1%
71 CM 0.17% 29,633 $2M $70.85 $475K +782 +2.7%
72 EAOR 0.15% 56,605 $2M $33.44 $374K +8,115 +16.7%
73 TAC 0.15% 172,985 $2M $10.77 $510K +28,170 +19.4%
74 SUSB 0.15% 73,618 $2M $25.17 $492K +19,170 +35.2%
75 SPY 0.14% 2,817 $2M $619.60 $78K -155 -5.2%
76 ITA 0.14% 9,170 $2M $188.64 +9,170 NEW
77 ZTS 0.14% 11,056 $2M $155.95 -$269K -1,050 -8.7%
78 CDNS 0.14% 5,560 $2M $308.15 +5,560 NEW
79 VZ 0.13% 37,896 $2M $43.27 -$129K -1,090 -2.8%
80 GLW 0.13% 30,982 $2M $52.59 $234K +500 +1.6%
81 AGI 0.13% 60,092 $2M $26.55 -$9K
82 C 0.12% 18,157 $2M $85.12 $345K +1,250 +7.4%
83 XLK 0.12% 6,041 $2M $253.19 $1M +4,585 +314.9%
84 FI 0.12% 8,607 $1M $172.41 $1M +7,352 +585.8%
85 CRBN 0.12% 6,905 $1M $211.82 $120K -120 -1.7%
86 BRK-A 0.12% 2 $1M $728,800.00 -$139K
87 BCE 0.11% 65,067 $1M $22.14 -$12K +1,866 +3.0%
88 CL 0.11% 15,206 $1M $90.90 -$73K +4,325 +39.8%
89 GILD 0.10% 11,883 $1M $110.87 -$22K -75 -0.6%
90 ABBV 0.10% 6,930 $1M $185.62 $1M +5,960 +614.4%
91 PYPL 0.10% 17,095 $1M $74.32 $507K +5,390 +46.0%
92 HD 0.10% 3,444 $1M $366.64 +3,444 NEW
93 LOW 0.10% 5,690 $1M $221.87 +5,690 NEW
94 UBER 0.10% 13,425 $1M $93.30 $289K +200 +1.5%
95 UNH 0.10% 3,966 $1M $311.97 +3,966 NEW
96 EAOA 0.10% 31,545 $1M $38.54 $99K
97 BAC 0.09% 25,285 $1M $47.32 $335K +4,644 +22.5%
98 MGNI 0.09% 49,100 $1M $24.12 $570K -4,700 -8.7%
99 BIP 0.09% 35,120 $1M $33.44 $226K -1,125 -3.1%
100 EQX 0.09% 201,170 $1M $5.76 $712K +136,270 +210.0%

New Positions

SymbolValue% Port
FIX $5M 0.36%
ITA $2M 0.14%
CDNS $2M 0.14%
HD $1M 0.10%
LOW $1M 0.10%
UNH $1M 0.10%
PG $1M 0.09%
MA $1M 0.09%
NGD $1M 0.08%
GS $895K 0.07%
GEV $859K 0.07%
TJX $712K 0.06%
SBUX $589K 0.05%
WPM $545K 0.04%
NTR $537K 0.04%

Sold Out Positions

SymbolValue% Port
VB —%
VEA —%
BSVO —%
AGG —%
SCHP —%
EMB —%
FNDF —%
VCIT —%
DFSD —%
SCHE —%
XLE —%
VCSH —%
View SEC EDGAR Filings for Cardinal Point Capital Management ULC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms