$CDNL

$14.55 +$0.75 (5.43%) Close

$CDNL Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 15.6M shares outstanding

Who owns CDNL?

By type of holder

Institutions 100.0% Insiders 0.0% Everyone else 0.0%

Concentration Top 10 holders own 68.0%

FMR LLC 19.0% · Driehaus Capital Management LLC 7.8%

Institutional ownership

100.0%

+3.6 pts vs last qtr

Institutional holders

155

+62 vs last qtr

Net shares bought

+6.9M

by institutions in Q2 2026

New / sold out

73 / 11

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

FMR LLC +971.4K
Ameriprise Financial Inc NEW +771.0K

Biggest sellers in Q2 2026

ACK Asset Management LLC SOLD OUT −874.0K
Ophir Asset Management Pty Ltd −523.7K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Cardinal Infrastructure Group Inc in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for Cardinal Infrastructure Group Inc.

How patient are the owners?

Institutional shares by how long they've been held

5+ years0% 3–5 years0% 1–3 years0% Under 1 year100%

Quarterly turnover

46.5%

of institutional shares changed hands

Top 10 managers, median time held

2 quarters

Super Investors

Investment managers reporting CDNL on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
F FMR LLC	3.0M	18.98%	+971.4K (+48.9%)	Q4 '25	0.0%
Shares held by quarter Peak holding3.0M (Q2'26) Change over 8 quarters+3.0M Share of the company18.980% FMR LLC's full portfolio →
DC Driehaus Capital Management LLC	1.2M	7.76%	+548.4K (+83.0%)	Q4 '25	0.7%
Shares held by quarter Peak holding1.2M (Q2'26) Change over 8 quarters+1.2M Share of the company7.760% Driehaus Capital Management LLC's full portfolio →

FMR LLC

3.0M

% of company

18.98%

Change vs last qtr

+971.4K (+48.9%)

Held since

Q4 '25

Driehaus Capital Management LLC

1.2M

% of company

7.76%

Change vs last qtr

+548.4K (+83.0%)

Held since

Q4 '25

28 more super investors behind a free account

See every manager holding Cardinal Infrastructure Group Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting CDNL on Form N-PORT; together they hold 81.4% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VS Victory Sycamore Small Company Opportunity Fund Victory Portfolios	$48.8M	518.0K	3.32%	1.04%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$46.2M	490.1K	3.14%	0.00%	June 30, 2026

Victory Sycamore Small Company Opportunity Fund

Victory Portfolios

Position value

$48.8M

% of company

3.32%

% of the fund

1.04%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$46.2M

% of company

3.14%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Cardinal Infrastructure Group Inc and how much of the fund the position is.

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