Data as of Q4 2025 (Dec 31, 2025)

Cardinal Point Capital Management ULC

โ€ขCIK: 1950841โ€ขFiling: Q4 2025

**Cardinal Point Capital Management, ULC** manages $1.5B across a diversified portfolio of 260 positions. The fund exhibits a significant allocation to broad market exposure, notably holding VTI at $195.1M. Key concentrations include technology and fixed income, evidenced by substantial positions in AAPL ($74.5M), USFR ($72.3M), and VGIT ($65.2M). This structure suggests a core strategy balancing large-cap growth with defensive fixed-income mandates.

Total AUM
$1.5B
QoQ Performance
+7.1%
Positions
202
Top 10 Concentration
45.5%
Latest Filing
Q4 2025

Top Holdings Allocation

VTI
VTI12.8%
AAPL4.9%
USFR4.7%
VGIT4.3%
DFAX3.9%
VEU3.9%
LRGF3.4%
DFAC2.5%

๐Ÿ“ˆ Biggest Buys

MINO
PIMCO ETF TR
+1302.7%
1.7% of portfolio
SUNC
SUNOCOCORP LLC
NEW
0.7% of portfolio
VGIT
VANGUARD SCOTTSDALE FDS
+9.8%
4.3% of portfolio
SCHW
SCHWAB CHARLES CORP
NEW
0.3% of portfolio
VTI
VANGUARD INDEX FDS
+2.1%
12.8% of portfolio

๐Ÿ“‰ Biggest Sells

GOOG
ALPHABET INC
-4.8%
2.1% of portfolio
CMCSA
COMCAST CORP NEW
-18.5%
0.3% of portfolio
AAPL
APPLE INC
-1.5%
4.9% of portfolio
KVUE
KENVUE INC
-10.1%
0.3% of portfolio
NDQ
INVESCO QQQ TR
-13.3%
0.2% of portfolio

Sector Breakdown

Other75.2%
Technology12.2%
Financial3.7%
Consumer3.4%
Healthcare2.7%
Communication0.9%
Consumer Staples0.7%
Industrial0.6%

๐Ÿšช Exited Positionssold since Q3 2025

EMA
EMERA INC
SOLD
$10.2M
WTW
WILLIS TOWERS WATSON PLC LTD
SOLD
$8.8M
MTD
METTLER TOLEDO INTERNATIONAL
SOLD
$2.3M
โ€”
AMRIZE LTD
SOLD
$2.2M
VOD
VODAFONE GROUP PLC NEW
SOLD
$863.8K
+72 more exited positions

Changes from Q3 2025

NEW11 new positions
โ†‘99 increased
โ†“63 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023