Conversant Capital filed a Schedule 13G reporting 5.5% ownership of Cardinal Infrastructure Group

What did Conversant Capital report?

The SEC Schedule 13G reports that Conversant Capital LLC held 1,179,659 shares, equal to 5.5% of the class of Cardinal Infrastructure Group (CDNL). The filing date was Oct 19, 2026.

A Schedule 13G is an ownership filing, not a record of a purchase or sale. It does not state when the reported shares were bought.

When did the filing follow the company’s results?

The filing was made 59 days after Cardinal Infrastructure Group’s results announcement of Aug 11, 2026, reported under 8-K Item 2.02. The timing places the ownership disclosure after that results announcement; it does not establish when Conversant Capital acquired shares.

What other ownership records are available?

Fund 13F filings recorded in the 90 days to Oct 19, 2026 show 1 new or larger position and 0 smaller or closed positions in Cardinal Infrastructure Group.

For the quarter ended Jun 30, 2026, the largest positions that grew included Driehaus Capital Management LLC, which increased its position to 548,396 shares, and Lord, Abbett & Co. LLC, which increased its position to 107,873 shares. The largest positions that shrank included Congress Asset Management Co, which sold out, and Kornitzer Capital Management Inc, which reduced its position by 9,338 shares.

A 13F is a quarter-end snapshot with no trade date. The records do not specify when the reported changes occurred.

What filings and market context surrounded the date?

Cardinal Infrastructure Group filed a Form 8-K of Oct 19, 2026, with Items 1.01, 3.02 and 7.01, 10 days after. OQRO classes the filing as reporting a signed important agreement and a sale of new shares without registering them, among other items. The company also filed a Form 8-K of Oct 1, 2026, with Items 3.02 and 7.01, 8 days before; OQRO classes it as reporting a sale of new shares without registering them and information shared with investors. A Form 8-K of Sep 11, 2026, with Item 1.01, 28 days before, is classified as reporting a signed important agreement.

Finnhub listed the headlines “Cardinal Infrastructure: Hughes Brothers Deal Deepens Self-Perform Moat As Shares Reprice” from SeekingAlpha on Oct 19, 2026; “Cardinal Infrastructure: A Puzzling M&A Move Amidst A Margin Collapse” from SeekingAlpha on Oct 15, 2026; and “Cardinal Infrastructure Buys Hughes Brothers for $357.5M, Enters Central Florida” from Yahoo on Oct 13, 2026.

CDNL closed at $21.12 on Oct 9, 2026, the last session on or before the filing date. From Sep 9, 2026 to Oct 9, 2026, the close moved from $34.57 to $21.12, a change of −38.9%. From Oct 9, 2026 to Oct 19, 2026, the close moved from $21.12 to $15.87, a change of −24.9%. FINRA short interest on the settlement date of Sep 30, 2026 was 2,574,117 shares (-0.16% on the previous report), about 3.45 days of average volume.

What this does not tell you?

The Schedule 13G does not say when shares were bought, and the price movements listed here are context only. The filing does not explain those moves; other news can move a price. An 8-K item says what the company reported, not what it means for the share price.

Finnhub headlines are listed as published by the outlets; OQRO has not checked them and does not summarise the articles. This describes public filings and is not investment advice. For more company records, see Cardinal Infrastructure Group on OQRO.