Cairn Investment Group, Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 17, 2024), Cairn Investment Group, Inc. reported 67 stock positions worth $181.0 million. Its top holding was Vanguard Total Intl Stock (VXUS) at 10.4% of the portfolio, followed by Apple (AAPL, 6.8%) and Vanguard Ftse Emerging Marke (VWO, 6.0%). Compared with Q2 2024, it opened 4 new positions, sold out of 2, added to 15 and reduced 28. The biggest buy was Starbucks (SBUX, shares +1%) and the biggest sale Conocophillips (COP, shares −1%).

Most Recent 13F
Q2 2026
Location
VANCOUVER, WA
CIK
0001800358
Portfolio Value
$181.0M (Q3 2024)
SEC Filing
0001800358-24-000006 ↗ filed Oct 17, 2024

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 $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 Q2 2026

Holdings 67 stocks · $181.0M
VXUS Vanguard Total Intl Stock 10.39% 290,464 $18.8M Add +1.1%
AAPL Apple Inc. 6.80% 52,796 $12.3M Reduce -0.0%
VWO Vanguard Ftse Emerging Marke 6.03% 228,210 $10.9M Reduce -0.3%
AYI Acuity Inc. 3.65% 23,983 $6.6M Reduce -0.1%
GDX Vaneck Gold Miners ETF 3.57% 162,125 $6.5M Add +894.0%
EWZ iShares MSCI Brazil ETF 3.43% 210,650 $6.2M Add +1.7%
QCOM Qualcomm Inc. 3.19% 33,912 $5.8M Add +0.7%
EXPD Expeditors Intl Wash Inc. 3.12% 42,931 $5.6M Reduce -0.1%
SBUX Starbucks Corp. 3.11% 57,713 $5.6M Add +1.0%
GS Goldman Sachs Group Inc. 2.97% 10,869 $5.4M Reduce -0.3%
BKNG Booking Holdings Inc. 2.76% 1,184 $5.0M Reduce -0.1%
CI The Cigna Group 2.63% 13,745 $4.8M Add +1.5%
META Meta Platforms Inc. Class A 2.52% 7,959 $4.6M Reduce -0.4%
OMC Omnicom Group 2.48% 43,359 $4.5M Reduce -0.2%
COP Conocophillips 2.33% 40,053 $4.2M Reduce -1.2%
CMCSA Comcast Corp. Class A 2.31% 100,290 $4.2M Add +1.7%
CTSH Cognizant Tech Solutions-A 2.31% 54,103 $4.2M Add +1.5%
LYB Lyondellbasell Indu Class A 2.23% 41,992 $4.0M Add +0.3%
COLM Columbia Sportswear Co. 2.05% 44,540 $3.7M Add +1.3%
FFIV F5 Inc. 1.97% 16,172 $3.6M Add +1.5%
COST Costco Wholesale Corp. 1.93% 3,941 $3.5M No change
KR Kroger Co. 1.90% 59,930 $3.4M No change
PCAR Paccar Inc. 1.83% 33,561 $3.3M No change
LLY Eli Lilly & Co. 1.73% 3,530 $3.1M Reduce -3.2%
VONV Vanguard Russell 1000 Value 1.31% 28,532 $2.4M Reduce -0.8%
NVO Novo-Nordisk A/S-Spons ADR 1.23% 18,750 $2.2M Reduce -1.1%
BIIB Biogen Inc. 1.23% 11,516 $2.2M Add +3.3%
MMM 3M Co. 1.17% 15,545 $2.1M Reduce -1.7%
COR Cencora Inc. 1.17% 9,409 $2.1M Reduce -0.1%
GOOGL Alphabet Inc. Class A 1.14% 12,425 $2.1M Reduce -0.2%
VZ Verizon Communications Inc. 1.04% 41,978 $1.9M Reduce -0.1%
GILD Gilead Sciences Inc. 1.03% 22,344 $1.9M Reduce -2.1%
EOG EOG Resources Inc. 1.02% 15,014 $1.8M Add +2.2%
MCK McKesson Corp. 1.02% 3,723 $1.8M Add +0.2%
CAH Cardinal Health Inc. 0.81% 13,339 $1.5M Reduce -3.0%
MSFT Microsoft Corp. 0.73% 3,088 $1.3M Reduce -2.7%
BRK.B Berkshire Hathaway Inc. Class B 0.72% 2,828 $1.3M No change
CSCO Cisco Systems Inc. 0.71% 24,129 $1.3M Reduce -2.5%
XOM Exxon Mobil Corp. 0.69% 10,636 $1.2M Reduce -2.5%
GBIL Goldman Sachs Access Treasur 0.67% 12,150 $1.2M Reduce -7.3%
USB US Bancorp 0.66% 26,175 $1.2M Add +0.3%
EW Edwards Lifesciences Corp. 0.59% 16,200 $1.1M No change
GD General Dynamics Corp. 0.53% 3,166 $957K Reduce -0.6%
JPMorgan Chase & Co 0.41% 3,557 $750K No change
SHV iShares 0-1 Year Treasury Bo 0.39% 6,300 $697K No change
PEP Pepsico Inc. 0.35% 3,748 $637K No change
CTAS Cintas Corp. 0.29% 2,580 $531K Reduce -3.6%
AXP American Express Co. 0.28% 1,900 $515K No change
V Visa Inc. Class A 0.28% 1,832 $504K Reduce -0.3%
UNH Unitedhealth Group Inc. 0.27% 841 $492K No change
AMZN Amazon.com Inc. 0.27% 2,590 $483K No change
F Ford Motor Co. filed as FORD MTR CO 0.26% 43,825 $463K Reduce -2.7%
VIG Vanguard Dividend Apprec ETF 0.24% 2,238 $443K No change
MRK Merck & Co. Inc. 0.22% 3,500 $397K Reduce -6.0%
AMP Ameriprise Financial Inc. 0.21% 814 $382K No change
IEFA iShares Core MSCI Eafe ETF 0.21% 4,811 $375K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.21% 3,885 $374K No change
IVV iShares Core S&P 500 ETF 0.20% 635 $366K No change
EMR Emerson Electric Co. 0.19% 3,200 $350K No change
UNP Union Pacific Corp. 0.15% 1,110 $274K Reduce -10.3%
DVY iShares Select Dividend ETF 0.13% 1,742 $235K No change
KLAC KLA Corp. 0.13% 300 $232K No change
SPGI S&P Global Inc. 0.12% 414 $214K New
NKE Nike Inc. Class B 0.12% 2,400 $212K New
ABT Abbott Laboratories 0.12% 1,849 $211K New
QQQ Invesco QQQ Trust Series 1 0.11% 423 $206K No change
PFE Pfizer Inc. 0.11% 6,951 $201K New

Portfolio Sells Q2 2024 → Q3 2024
COP Conocophillips Reduce -1.2% 2.33% −0.38
NVO Novo-Nordisk A/S-Spons ADR Reduce -1.1% 1.23% −0.34
LLY Eli Lilly & Co. Reduce -3.2% 1.73% −0.20
GOOGL Alphabet Inc. Class A Reduce -0.2% 1.14% −0.18
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.16
SOLV Solventum Corp. Sold out 0.00% −0.12
MSFT Microsoft Corp. Reduce -2.7% 0.73% −0.09
GBIL Goldman Sachs Access Treasur Reduce -7.3% 0.67% −0.09
F Ford Motor Co. Reduce -2.7% 0.26% −0.07
COR Cencora Inc. Reduce -0.1% 1.17% −0.07
MRK Merck & Co. Inc. Reduce -6.0% 0.22% −0.05
XOM Exxon Mobil Corp. Reduce -2.5% 0.69% −0.04
EXPD Expeditors Intl Wash Inc. Reduce -0.1% 3.12% −0.01
UNP Union Pacific Corp. Reduce -10.3% 0.15% −0.01
GD General Dynamics Corp. Reduce -0.6% 0.53% −0.01
V Visa Inc. Class A Reduce -0.3% 0.28% −0.00
BKNG Booking Holdings Inc. Reduce -0.1% 2.76% +0.02
CTAS Cintas Corp. Reduce -3.6% 0.29% +0.02
CSCO Cisco Systems Inc. Reduce -2.5% 0.71% +0.02
CAH Cardinal Health Inc. Reduce -3.0% 0.81% +0.03
VONV Vanguard Russell 1000 Value Reduce -0.8% 1.31% +0.03
VZ Verizon Communications Inc. Reduce -0.1% 1.04% +0.03
GS Goldman Sachs Group Inc. Reduce -0.3% 2.97% +0.10
GILD Gilead Sciences Inc. Reduce -2.1% 1.03% +0.12
META Meta Platforms Inc. Class A Reduce -0.4% 2.52% +0.17
VWO Vanguard Ftse Emerging Marke Reduce -0.3% 6.03% +0.19
OMC Omnicom Group Reduce -0.2% 2.48% +0.20
MMM 3M Co. Reduce -1.7% 1.17% +0.23
AYI Acuity Inc. Reduce -0.1% 3.65% +0.27
AAPL Apple Inc. Reduce -0.0% 6.80% +0.31

Portfolio Buys Q2 2024 → Q3 2024
SBUX Starbucks Corp. Add +1.0% 3.11% +0.51
FFIV F5 Inc. Add +1.5% 1.97% +0.37
GDX Vaneck Gold Miners ETF Add +894.0% 3.57% +0.33
VXUS Vanguard Total Intl Stock Add +1.1% 10.39% +0.28
CTSH Cognizant Tech Solutions-A Add +1.5% 2.31% +0.19
EWZ iShares MSCI Brazil ETF Add +1.7% 3.43% +0.13
SPGI S&P Global Inc. New 0.12% +0.12
NKE Nike Inc. Class B New 0.12% +0.12
ABT Abbott Laboratories New 0.12% +0.12
PFE Pfizer Inc. New 0.11% +0.11
CMCSA Comcast Corp. Class A Add +1.7% 2.31% +0.06
USB US Bancorp Add +0.3% 0.66% +0.06
CI The Cigna Group Add +1.5% 2.63% +0.02
COLM Columbia Sportswear Co. Add +1.3% 2.05% +0.02
EOG EOG Resources Inc. Add +2.2% 1.02% −0.06
LYB Lyondellbasell Indu Class A Add +0.3% 2.23% −0.11
BIIB Biogen Inc. Add +3.3% 1.23% −0.27
QCOM Qualcomm Inc. Add +0.7% 3.19% −0.73
MCK McKesson Corp. Add +0.2% 1.02% −0.83

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