Cardinal Point Capital Management, ULC
- SEC CIK
- 0001950841
- Latest filing
- Jul 14, 2026
The latest 13F from Cardinal Point Capital Management, ULC covers Q2 2026 (filed Jul 14, 2026): 294 long positions worth $1.77B. The top 10 holdings make up 43.7% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 13.0%. Livermore has 17 filings on Form 13F from this institution, going back to Q4 2022.
What changed in Q2 2026
Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 26
- Est. +$10.4M
- Added
- 115
- Est. +$34.8M
- Reduced
- 97
- Est. −$30.7M
- Sold out
- 18
- Est. −$10.1M
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Morningstar Total Stock Market ETF92290876913.0%$229.1M
- Vanguard Ftse All-World Ex-US Index Fund9220427754.4%$76.9M
- Dimensional World Ex U.S. Core Equity 2 ETF25434V8804.1%$72.3M
- WisdomTree Tr97717Y5274.1%$72.3M
- Vanguard Scottsdale FDS92206C7064.0%$70.0M
Share of portfolio
Top 5 holdings and the other 289 positions, by share of portfolio value
- Vanguard Morningstar Total Stock Market ETF13.0%
- Vanguard Ftse All-World Ex-US Index Fund4.4%
- Dimensional World Ex U.S. Core Equity 2 ETF4.1%
- WisdomTree Tr4.1%
- Vanguard Scottsdale FDS4.0%
- Other 289 positions70.5%
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Instl Index FD922040845+$3.61MAdded
- Vanguard Scottsdale FDS92206C706+$2.72MAdded
- Vanguard Morningstar Total Stock Market ETF922908769+$2.62MAdded
- PIMCO ETF Tr72201R585+$2.24MAdded
- FDXFFedEx Freight Holding Company, Inc.
Largest weight increases
New and added positions, by percentage points of the portfolio gained
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $1.77B
- +$134.0M (+8.2%) vs. prior quarter
- Positions
- 294
- +8 vs. prior quarter
- Top 10 concentration
- 43.7%
- Top 10 as share of value
- Turnover
- 2.4%
- Q2 2026, one quarter
- Average holding period
- 10.1 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2022), so positions held before then are understated.
13F filings by quarter
15 quarters, going back to Q4 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $1.77B (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 14, 2026 | 294 | $1.77B | Vanguard Morningstar Total Stock Market ETFVanguard Ftse All-World Ex-US Index FundDimensional World Ex U.S. Core Equity 2 ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 20, 2026 | 286 | $1.63B | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Ftse All-World Ex-US Index Fund | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 5, 2026 | 260 | $1.53B | Vanguard Morningstar Total Stock Market ETFAAPLWisdomTree Tr | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 6, 2025 | 266 | $1.43B | Vanguard Morningstar Total Stock Market ETFWisdomTree TrAAPL | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 31, 2025 | 242 | $1.26B | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Scottsdale FDS | vs. Q1 2025 | SEC |
| Q1 2025 | May 8, 2025 | 179 | $1.09B | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Scottsdale FDS | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 14, 2025 | 84 | $629.9M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Scottsdale FDS | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 8, 2024 | 83 | $599.9M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Scottsdale FDS | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 12, 2024 | 73 | $574.8M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Scottsdale FDS | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 24, 2024 | 72 | $525.6M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Scottsdale FDS | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 12, 2024 | 69 | $413.5M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Scottsdale FDS | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 19, 2023 | 67 | $382.2M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Scottsdale FDS | vs. Q2 2023 | SEC |
| Q2 2023 | Aug 10, 2023 | 68 | $332.3M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Ftse All-World Ex-US Index Fund | vs. Q1 2023 | SEC |
| Q1 2023 | Jun 21, 2023Amended | 80 | $329.2M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Ftse All-World Ex-US Index Fund | vs. Q4 2022 | SEC |
| Q4 2022 | Jun 21, 2023Amended | 69 | $289.6M | Vanguard Morningstar Total Stock Market ETFWisdomTree TrVanguard Ftse All-World Ex-US Index Fund | – | SEC |