Cairn Investment Group, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 28, 2026), Cairn Investment Group, Inc. reported 65 stock positions worth $226.7 million. Its top holding was Vanguard Total Intl Stock (VXUS) at 11.7% of the portfolio, followed by Vanguard Ftse Emerging Marke (VWO, 5.7%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 5.6%). Compared with Q1 2026, it opened 3 new positions, sold out of 1, added to 18 and reduced 16. The biggest buy was a new position in SS Health Care Select Sector (XLV) and the biggest sale iShares MSCI Brazil ETF (EWZ, shares −0%).

Most Recent 13F
Q2 2026
Location
VANCOUVER, WA
CIK
0001800358
Portfolio Value
$226.7M (Q2 2026)
SEC Filing
0001800358-26-000003 ↗ filed Jul 28, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $174.2M Q1 2024 Q2 2024: $171.4M Q2 2024 Q3 2024: $181.0M Q3 2024 Q4 2024: $170.2M Q4 2024 Q1 2025: $177.0M Q1 2025 Q2 2025: $191.5M Q2 2025 Q3 2025: $219.4M Q3 2025 Q4 2025: $210.7M Q4 2025 Q1 2026: $201.2M Q1 2026 Q2 2026: $226.7M $226.7M Q2 2026

Holdings 65 stocks · $226.7M
VXUS Vanguard Total Intl Stock 11.75% 311,629 $26.6M Add +1.3%
VWO Vanguard Ftse Emerging Marke 5.72% 217,342 $13.0M Add +1.1%
BIL SS SPDR BB 1-3M T-Bill ETF 5.56% 137,640 $12.6M Add +30.0%
EWZ iShares MSCI Brazil ETF 4.33% 284,345 $9.8M Reduce -0.2%
XLV SS Health Care Select Sector 4.23% 60,400 $9.6M New
GS Goldman Sachs Group Inc. 4.06% 9,111 $9.2M Add +0.8%
AYI Acuity Inc. 3.76% 22,647 $8.5M Reduce -0.1%
AAPL Apple Inc. 3.73% 29,235 $8.5M Reduce -22.2%
EXPD Expeditors Intl Wash Inc. 3.21% 44,608 $7.3M No change
BorgWarner Inc 3.19% 108,925 $7.2M Reduce -31.4%
EWM iShares MSCI Malaysia ETF 3.13% 263,410 $7.1M Reduce -0.1%
MRK Merck & Co. Inc. 3.11% 54,875 $7.1M Add +0.4%
FFIV F5 Inc. 2.79% 15,198 $6.3M Reduce -0.5%
BKNG Booking Holdings Inc. 2.58% 32,880 $5.9M Add +2.6%
SYY Sysco Corp 2.46% 66,760 $5.6M No change
PEP Pepsico Inc. 2.20% 36,805 $5.0M Add +2.4%
QCOM Qualcomm Inc. 2.10% 25,728 $4.8M Reduce -26.4%
CI The Cigna Group 1.88% 15,498 $4.3M Add +1.9%
INGR Ingredion Inc. 1.88% 45,035 $4.3M New
EOG EOG Resources Inc. 1.78% 31,114 $4.0M Add +0.8%
PCAR Paccar Inc. 1.74% 32,791 $3.9M Add +1.5%
COST Costco Wholesale Corp. 1.70% 4,111 $3.8M Add +5.1%
KR Kroger Co. 1.41% 57,557 $3.2M No change
LLY Eli Lilly & Co. 1.38% 2,610 $3.1M Reduce -6.3%
GDX Vaneck Gold Miners ETF 1.31% 39,330 $3.0M Reduce -0.3%
CMCSA Comcast Corp. Class A 1.27% 117,440 $2.9M Add +4.9%
CSCO Cisco Systems Inc. 1.24% 23,936 $2.8M No change
GILD Gilead Sciences Inc. 1.18% 21,247 $2.7M Reduce -0.5%
MCK McKesson Corp. 1.18% 3,550 $2.7M Reduce -0.6%
CAH Cardinal Health Inc. 1.15% 11,015 $2.6M Reduce -2.0%
CTSH Cognizant Tech Solutions-A 1.04% 60,810 $2.4M Add +5.1%
VONV Vanguard Russell 1000 Value 1.02% 21,752 $2.3M Reduce -0.7%
GOOGL Alphabet Inc. Class A 1.02% 6,454 $2.3M No change
FISV Fiserv Inc. 1.00% 46,255 $2.3M Reduce -0.2%
BRK.B Berkshire Hathaway Inc. Class B 0.80% 3,637 $1.8M No change
BIIB Biogen Inc. 0.77% 8,043 $1.7M No change
EW Edwards Lifesciences Corp. 0.71% 17,800 $1.6M No change
USB US Bancorp 0.69% 26,013 $1.6M Reduce -2.0%
MSFT Microsoft Corp. 0.67% 4,070 $1.5M Add +46.9%
JPMorgan Chase & Co 0.54% 3,757 $1.2M Add +5.6%
GBIL Goldman Sachs Access Treasur 0.35% 7,920 $793K No change
COWZ Pacer US Cash Cows 100 ETF 0.34% 12,370 $769K Add +4.5%
AMZN Amazon.com Inc. 0.30% 2,885 $688K Add +32.0%
XOM Exxon Mobil Corp. 0.29% 4,784 $654K No change
AXP American Express Co. 0.28% 1,900 $643K No change
V Visa Inc. Class A 0.25% 1,640 $563K No change
MMM 3M Co. 0.24% 3,370 $546K No change
EMR Emerson Electric Co. 0.20% 3,160 $452K No change
NVO Novo-Nordisk A/S-Spons ADR 0.20% 9,333 $447K Reduce -0.8%
VIG Vanguard Dividend Apprec ETF 0.18% 1,752 $415K No change
IEFA iShares Core MSCI Eafe ETF 0.18% 4,211 $407K No change
AMP Ameriprise Financial Inc. 0.16% 814 $373K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.16% 3,810 $366K No change
IVV iShares Core S&P 500 ETF 0.16% 475 $356K No change
UNH Unitedhealth Group Inc. 0.15% 841 $350K No change
CTAS Cintas Corp. 0.14% 1,917 $326K No change
SHV iShares 0-1 Year Treasury Bo 0.14% 2,875 $317K No change
UNP Union Pacific Corp. 0.13% 1,110 $302K No change
SCHO Schwab Short-Term US Treas 0.13% 12,474 $301K New
TDY Teledyne Technologies Inc. 0.13% 446 $297K No change
BA The Boeing Co. 0.13% 1,331 $288K No change
BAC Bank of America Corp. 0.12% 4,768 $272K No change
DVY iShares Select Dividend ETF 0.12% 1,742 $272K No change
JNJ Johnson & Johnson 0.12% 1,060 $269K Add +19.1%
ABBV Abbvie Inc. 0.11% 973 $245K No change

Portfolio Sells Q1 2026 → Q2 2026
EWZ iShares MSCI Brazil ETF Reduce -0.2% 4.33% −1.11
BorgWarner Inc Reduce -31.4% 3.19% −1.09
AAPL Apple Inc. Reduce -22.2% 3.73% −1.01
EWM iShares MSCI Malaysia ETF Reduce -0.1% 3.13% −0.59
GDX Vaneck Gold Miners ETF Reduce -0.3% 1.31% −0.49
MCK McKesson Corp. Reduce -0.6% 1.18% −0.35
GILD Gilead Sciences Inc. Reduce -0.5% 1.18% −0.30
FISV Fiserv Inc. Reduce -0.2% 1.00% −0.28
QCOM Qualcomm Inc. Reduce -26.4% 2.10% −0.14
F Ford Motor Co. Sold out 0.00% −0.13
CAH Cardinal Health Inc. Reduce -2.0% 1.15% −0.03
VONV Vanguard Russell 1000 Value Reduce -0.7% 1.02% −0.00
USB US Bancorp Reduce -2.0% 0.69% +0.01
NVO Novo-Nordisk A/S-Spons ADR Reduce -0.8% 0.20% +0.03
LLY Eli Lilly & Co. Reduce -6.3% 1.38% +0.11
FFIV F5 Inc. Reduce -0.5% 2.79% +0.59
AYI Acuity Inc. Reduce -0.1% 3.76% +0.60

Portfolio Buys Q1 2026 → Q2 2026
XLV SS Health Care Select Sector New 4.23% +4.23
INGR Ingredion Inc. New 1.88% +1.88
BIL SS SPDR BB 1-3M T-Bill ETF Add +30.0% 5.56% +0.74
GS Goldman Sachs Group Inc. Add +0.8% 4.06% +0.26
MSFT Microsoft Corp. Add +46.9% 0.67% +0.16
SCHO Schwab Short-Term US Treas New 0.13% +0.13
AMZN Amazon.com Inc. Add +32.0% 0.30% +0.08
JPMorgan Chase & Co Add +5.6% 0.54% +0.02
JNJ Johnson & Johnson Add +19.1% 0.12% +0.01
COWZ Pacer US Cash Cows 100 ETF Add +4.5% 0.34% −0.03
VXUS Vanguard Total Intl Stock Add +1.3% 11.75% −0.05
VWO Vanguard Ftse Emerging Marke Add +1.1% 5.72% −0.06
BKNG Booking Holdings Inc. Add +2.6% 2.58% −0.10
PCAR Paccar Inc. Add +1.5% 1.74% −0.12
CI The Cigna Group Add +1.9% 1.88% −0.13
MRK Merck & Co. Inc. Add +0.4% 3.11% −0.16
COST Costco Wholesale Corp. Add +5.1% 1.70% −0.24
CMCSA Comcast Corp. Class A Add +4.9% 1.27% −0.33
EOG EOG Resources Inc. Add +0.8% 1.78% −0.44
PEP Pepsico Inc. Add +2.4% 2.20% −0.58
CTSH Cognizant Tech Solutions-A Add +5.1% 1.04% −0.73

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 65$226.7MVXUS, VWO, BIL, EWZ, XLV
Q1 2026 63$201.2MVXUS, VWO, EWZ, BIL, AAPL
Q4 2025 66$210.7MVXUS, VWO, AAPL, EWZ, GDX
Q3 2025 70$219.4MVXUS, VWO, GDX, CAH, AAPL
Q2 2025 68$191.5MVXUS, VWO, AAPL, EWZ, GDX
Q1 2025 66$177.0MVXUS, VWO, AAPL, GDX, EWZ
Q4 2024 68$170.2MVXUS, AAPL, VWO, AYI, GS
Q3 2024 67$181.0MVXUS, AAPL, VWO, AYI, GDX
Q2 2024 65$171.4MVXUS, AAPL, VWO, QCOM, AYI
Q1 2024 65$174.2MVXUS, AAPL, VWO, EWZ, AYI