Cairn Investment Group, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), Cairn Investment Group, Inc. reported 65 stock positions worth $171.4 million. Its top holding was Vanguard Total Intl Stock (VXUS) at 10.1% of the portfolio, followed by Apple (AAPL, 6.5%) and Vanguard Ftse Emerging Marke (VWO, 5.8%). Compared with Q1 2024, it opened 1 new position, sold out of 2, added to 8 and reduced 44. The biggest buy was a new position in Starbucks (SBUX) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −86%).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, WA
- CIK
- 0001800358
- Portfolio Value
- $171.4M (Q2 2024)
- SEC Filing
- 0001800358-24-000004 ↗ filed Aug 6, 2024
Holdings Value
Holdings 65 stocks · $171.4M
| VXUS Vanguard Total Intl Stock | 10.11% | 287,446 | $17.3M | Add +0.6% |
| AAPL Apple Inc. | 6.49% | 52,801 | $11.1M | Reduce -17.3% |
| VWO Vanguard Ftse Emerging Marke | 5.84% | 228,785 | $10.0M | Reduce -0.0% |
| QCOM Qualcomm Inc. | 3.91% | 33,680 | $6.7M | Reduce -2.0% |
| AYI Acuity Inc. | 3.38% | 24,003 | $5.8M | Reduce -4.0% |
| EWZ iShares MSCI Brazil ETF | 3.30% | 207,190 | $5.7M | Reduce -0.7% |
| GDX Vaneck Gold Miners ETF | 3.23% | 16,310 | $5.5M | Reduce -90.0% |
| EXPD Expeditors Intl Wash Inc. | 3.13% | 42,986 | $5.4M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 2.88% | 10,904 | $4.9M | Reduce -2.5% |
| BKNG Booking Holdings Inc. | 2.74% | 1,185 | $4.7M | Reduce -4.0% |
| COP Conocophillips | 2.71% | 40,553 | $4.6M | Reduce -6.9% |
| CI The Cigna Group | 2.61% | 13,542 | $4.5M | Reduce -1.0% |
| SBUX Starbucks Corp. | 2.60% | 57,140 | $4.4M | New |
| META Meta Platforms Inc. Class A | 2.35% | 7,992 | $4.0M | Reduce -2.0% |
| LYB Lyondellbasell Indu Class A | 2.34% | 41,844 | $4.0M | Reduce -3.2% |
| OMC Omnicom Group | 2.27% | 43,429 | $3.9M | Reduce -3.0% |
| CMCSA Comcast Corp. Class A | 2.25% | 98,590 | $3.9M | Reduce -2.5% |
| CTSH Cognizant Tech Solutions-A | 2.11% | 53,280 | $3.6M | Reduce -1.7% |
| COLM Columbia Sportswear Co. | 2.03% | 43,963 | $3.5M | Reduce -2.5% |
| PCAR Paccar Inc. | 2.02% | 33,561 | $3.5M | Reduce -4.8% |
| COST Costco Wholesale Corp. | 1.95% | 3,941 | $3.4M | Reduce -34.6% |
| LLY Eli Lilly & Co. | 1.93% | 3,645 | $3.3M | Add +1.8% |
| MCK McKesson Corp. | 1.85% | 3,717 | $3.2M | Reduce -3.1% |
| KR Kroger Co. | 1.75% | 59,930 | $3.0M | Reduce -3.7% |
| FFIV F5 Inc. | 1.60% | 15,932 | $2.7M | Reduce -3.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 1.58% | 18,950 | $2.7M | Reduce -1.0% |
| BIIB Biogen Inc. | 1.51% | 11,150 | $2.6M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 1.32% | 12,445 | $2.3M | Reduce -0.2% |
| VONV Vanguard Russell 1000 Value | 1.28% | 28,747 | $2.2M | Reduce -3.3% |
| COR Cencora Inc. | 1.24% | 9,419 | $2.1M | Reduce -0.2% |
| EOG EOG Resources Inc. | 1.08% | 14,697 | $1.9M | Add +0.4% |
| VZ Verizon Communications Inc. | 1.01% | 42,013 | $1.7M | Reduce -0.5% |
| MMM 3M Co. | 0.94% | 15,819 | $1.6M | Reduce -1.6% |
| GILD Gilead Sciences Inc. | 0.91% | 22,823 | $1.6M | Reduce -6.0% |
| EW Edwards Lifesciences Corp. | 0.87% | 16,200 | $1.5M | No change |
| MSFT Microsoft Corp. | 0.83% | 3,175 | $1.4M | Add +0.1% |
| CAH Cardinal Health Inc. | 0.79% | 13,754 | $1.4M | Reduce -4.0% |
| GBIL Goldman Sachs Access Treasur | 0.76% | 13,100 | $1.3M | Reduce -5.4% |
| XOM Exxon Mobil Corp. | 0.73% | 10,906 | $1.3M | Reduce -8.3% |
| CSCO Cisco Systems Inc. | 0.69% | 24,751 | $1.2M | Reduce -7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.67% | 2,828 | $1.1M | No change |
| USB US Bancorp | 0.60% | 26,088 | $1.0M | No change |
| GD General Dynamics Corp. | 0.54% | 3,186 | $924K | Reduce -49.4% |
| JPMorgan Chase & Co | 0.42% | 3,557 | $719K | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.41% | 6,300 | $696K | Reduce -3.1% |
| PEP Pepsico Inc. | 0.36% | 3,748 | $618K | Add +0.4% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.33% | 45,025 | $565K | No change |
| AMZN Amazon.com Inc. | 0.29% | 2,590 | $501K | No change |
| V Visa Inc. Class A | 0.28% | 1,837 | $482K | Reduce -7.1% |
| CTAS Cintas Corp. | 0.27% | 669 | $468K | Reduce -6.2% |
| MRK Merck & Co. Inc. | 0.27% | 3,725 | $461K | Add +6.4% |
| AXP American Express Co. | 0.26% | 1,900 | $440K | No change |
| UNH Unitedhealth Group Inc. | 0.25% | 841 | $428K | Reduce -3.0% |
| VIG Vanguard Dividend Apprec ETF | 0.24% | 2,238 | $409K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 3,885 | $385K | No change |
| EMR Emerson Electric Co. | 0.21% | 3,200 | $353K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 4,811 | $349K | Reduce -4.8% |
| AMP Ameriprise Financial Inc. | 0.20% | 814 | $348K | No change |
| IVV iShares Core S&P 500 ETF | 0.20% | 635 | $347K | Add +43.0% |
| UNP Union Pacific Corp. | 0.16% | 1,237 | $280K | Add +11.4% |
| WBA Walgreens Boots Alliance Inc. | 0.16% | 22,705 | $275K | Reduce -7.0% |
| KLAC KLA Corp. | 0.14% | 300 | $247K | Reduce -7.4% |
| DVY iShares Select Dividend ETF | 0.12% | 1,742 | $211K | No change |
| SOLV Solventum Corp. | 0.12% | 3,903 | $206K | Reduce -2.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 423 | $203K | Reduce -86.3% |
Portfolio Sells Q1 2024 → Q2 2024
| QQQ Invesco QQQ Trust Series 1 | Reduce -86.3% | 0.12% | −0.67 |
| EWZ iShares MSCI Brazil ETF | Reduce -0.7% | 3.30% | −0.58 |
| COST Costco Wholesale Corp. | Reduce -34.6% | 1.95% | −0.58 |
| PCAR Paccar Inc. | Reduce -4.8% | 2.02% | −0.49 |
| GD General Dynamics Corp. | Reduce -49.4% | 0.54% | −0.48 |
| COP Conocophillips | Reduce -6.9% | 2.71% | −0.48 |
| AYI Acuity Inc. | Reduce -4.0% | 3.38% | −0.47 |
| KR Kroger Co. | Reduce -3.7% | 1.75% | −0.29 |
| CMCSA Comcast Corp. Class A | Reduce -2.5% | 2.25% | −0.26 |
| CI The Cigna Group | Reduce -1.0% | 2.61% | −0.24 |
| OMC Omnicom Group | Reduce -3.0% | 2.27% | −0.21 |
| LYB Lyondellbasell Indu Class A | Reduce -3.2% | 2.34% | −0.20 |
| FFIV F5 Inc. | Reduce -3.0% | 1.60% | −0.19 |
| CTSH Cognizant Tech Solutions-A | Reduce -1.7% | 2.11% | −0.17 |
| WBA Walgreens Boots Alliance Inc. | Reduce -7.0% | 0.16% | −0.14 |
| CAH Cardinal Health Inc. | Reduce -4.0% | 0.79% | −0.13 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.13 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.12 |
| GILD Gilead Sciences Inc. | Reduce -6.0% | 0.91% | −0.11 |
| COR Cencora Inc. | Reduce -0.2% | 1.24% | −0.08 |
| CSCO Cisco Systems Inc. | Reduce -7.2% | 0.69% | −0.08 |
| COLM Columbia Sportswear Co. | Reduce -2.5% | 2.03% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -8.3% | 0.73% | −0.06 |
| VONV Vanguard Russell 1000 Value | Reduce -3.3% | 1.28% | −0.06 |
| GBIL Goldman Sachs Access Treasur | Reduce -5.4% | 0.76% | −0.04 |
| V Visa Inc. Class A | Reduce -7.1% | 0.28% | −0.04 |
| MMM 3M Co. | Reduce -1.6% | 0.94% | −0.04 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -4.8% | 0.20% | −0.01 |
| CTAS Cintas Corp. | Reduce -6.2% | 0.27% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -3.1% | 0.41% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -0.5% | 1.01% | −0.01 |
| SOLV Solventum Corp. | Reduce -2.9% | 0.12% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -3.0% | 0.25% | +0.00 |
| KLAC KLA Corp. | Reduce -7.4% | 0.14% | +0.01 |
| META Meta Platforms Inc. Class A | Reduce -2.0% | 2.35% | +0.08 |
| BIIB Biogen Inc. | Reduce -1.6% | 1.51% | +0.11 |
| EXPD Expeditors Intl Wash Inc. | Reduce -0.3% | 3.13% | +0.12 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -1.0% | 1.58% | +0.17 |
| BKNG Booking Holdings Inc. | Reduce -4.0% | 2.74% | +0.17 |
| GS Goldman Sachs Group Inc. | Reduce -2.5% | 2.88% | +0.20 |
| AAPL Apple Inc. | Reduce -17.3% | 6.49% | +0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -0.2% | 1.32% | +0.24 |
| GDX Vaneck Gold Miners ETF | Reduce -90.0% | 3.23% | +0.26 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.0% | 5.84% | +0.36 |
| QCOM Qualcomm Inc. | Reduce -2.0% | 3.91% | +0.58 |
| MCK McKesson Corp. | Reduce -3.1% | 1.85% | +0.67 |
Portfolio Buys Q1 2024 → Q2 2024
| SBUX Starbucks Corp. | New | 2.60% | +2.60 |
| LLY Eli Lilly & Co. | Add +1.8% | 1.93% | +0.33 |
| VXUS Vanguard Total Intl Stock | Add +0.6% | 10.11% | +0.22 |
| IVV iShares Core S&P 500 ETF | Add +43.0% | 0.20% | +0.07 |
| MSFT Microsoft Corp. | Add +0.1% | 0.83% | +0.06 |
| UNP Union Pacific Corp. | Add +11.4% | 0.16% | +0.01 |
| EOG EOG Resources Inc. | Add +0.4% | 1.08% | +0.01 |
| MRK Merck & Co. Inc. | Add +6.4% | 0.27% | +0.00 |
| PEP Pepsico Inc. | Add +0.4% | 0.36% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 65 | $226.7M | VXUS, VWO, BIL, EWZ, XLV |
| Q1 2026 | 63 | $201.2M | VXUS, VWO, EWZ, BIL, AAPL |
| Q4 2025 | 66 | $210.7M | VXUS, VWO, AAPL, EWZ, GDX |
| Q3 2025 | 70 | $219.4M | VXUS, VWO, GDX, CAH, AAPL |
| Q2 2025 | 68 | $191.5M | VXUS, VWO, AAPL, EWZ, GDX |
| Q1 2025 | 66 | $177.0M | VXUS, VWO, AAPL, GDX, EWZ |
| Q4 2024 | 68 | $170.2M | VXUS, AAPL, VWO, AYI, GS |
| Q3 2024 | 67 | $181.0M | VXUS, AAPL, VWO, AYI, GDX |
| Q2 2024 | 65 | $171.4M | VXUS, AAPL, VWO, QCOM, AYI |
| Q1 2024 | 65 | $174.2M | VXUS, AAPL, VWO, EWZ, AYI |