Cairn Investment Group, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 23, 2025), Cairn Investment Group, Inc. reported 68 stock positions worth $170.2 million. Its top holding was Vanguard Total Intl Stock (VXUS) at 10.3% of the portfolio, followed by Apple (AAPL, 6.2%) and Vanguard Ftse Emerging Marke (VWO, 6.0%). Compared with Q3 2024, it opened 5 new positions, sold out of 4, added to 11 and reduced 35. The biggest buy was a new position in Chevron (CVX) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, WA
- CIK
- 0001800358
- Portfolio Value
- $170.2M (Q4 2024)
- SEC Filing
- 0001800358-25-000001 ↗ filed Jan 23, 2025
Holdings Value
Holdings 68 stocks · $170.2M
| VXUS Vanguard Total Intl Stock | 10.25% | 296,094 | $17.4M | Add +1.9% |
| AAPL Apple Inc. | 6.22% | 43,329 | $10.6M | Reduce -17.9% |
| VWO Vanguard Ftse Emerging Marke | 6.01% | 232,277 | $10.2M | Add +1.8% |
| AYI Acuity Inc. | 4.05% | 23,583 | $6.9M | Reduce -1.7% |
| GS Goldman Sachs Group Inc. | 3.55% | 10,546 | $6.0M | Reduce -3.0% |
| BKNG Booking Holdings Inc. | 3.35% | 1,146 | $5.7M | Reduce -3.2% |
| GDX Vaneck Gold Miners ETF | 3.22% | 161,730 | $5.5M | Reduce -0.2% |
| SBUX Starbucks Corp. | 3.13% | 58,358 | $5.3M | Add +1.1% |
| QCOM Qualcomm Inc. | 3.08% | 34,087 | $5.2M | Add +0.5% |
| EXPD Expeditors Intl Wash Inc. | 2.79% | 42,821 | $4.7M | Reduce -0.3% |
| EWZ iShares MSCI Brazil ETF | 2.72% | 205,830 | $4.6M | Reduce -2.3% |
| META Meta Platforms Inc. Class A | 2.72% | 7,894 | $4.6M | Reduce -0.8% |
| CTSH Cognizant Tech Solutions-A | 2.47% | 54,583 | $4.2M | Add +0.9% |
| FFIV F5 Inc. | 2.36% | 16,002 | $4.0M | Reduce -1.1% |
| COP Conocophillips | 2.27% | 38,923 | $3.9M | Reduce -2.8% |
| CI The Cigna Group | 2.27% | 13,970 | $3.9M | Add +1.6% |
| CMCSA Comcast Corp. Class A | 2.24% | 101,450 | $3.8M | Add +1.2% |
| COLM Columbia Sportswear Co. | 2.20% | 44,685 | $3.8M | Add +0.3% |
| OMC Omnicom Group | 2.18% | 43,164 | $3.7M | Reduce -0.5% |
| KR Kroger Co. | 2.14% | 59,675 | $3.6M | Reduce -0.4% |
| COST Costco Wholesale Corp. | 2.12% | 3,941 | $3.6M | No change |
| PCAR Paccar Inc. | 2.04% | 33,441 | $3.5M | Reduce -0.4% |
| LYB Lyondellbasell Indu Class A | 1.84% | 42,147 | $3.1M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 1.38% | 12,415 | $2.4M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 1.38% | 3,035 | $2.3M | Reduce -14.0% |
| VONV Vanguard Russell 1000 Value | 1.35% | 28,312 | $2.3M | Reduce -0.8% |
| MCK McKesson Corp. | 1.24% | 3,715 | $2.1M | Reduce -0.2% |
| COR Cencora Inc. | 1.23% | 9,315 | $2.1M | Reduce -1.0% |
| GILD Gilead Sciences Inc. | 1.21% | 22,279 | $2.1M | Reduce -0.3% |
| MMM 3M Co. | 1.18% | 15,505 | $2.0M | Reduce -0.3% |
| EOG EOG Resources Inc. | 1.14% | 15,849 | $1.9M | Add +5.6% |
| VZ Verizon Communications Inc. | 0.95% | 40,583 | $1.6M | Reduce -3.3% |
| CAH Cardinal Health Inc. | 0.89% | 12,762 | $1.5M | Reduce -4.3% |
| CSCO Cisco Systems Inc. | 0.84% | 24,002 | $1.4M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.75% | 2,828 | $1.3M | No change |
| BIIB Biogen Inc. | 0.75% | 8,363 | $1.3M | Reduce -27.4% |
| USB US Bancorp | 0.73% | 26,088 | $1.2M | Reduce -0.3% |
| MSFT Microsoft Corp. | 0.73% | 2,931 | $1.2M | Reduce -5.1% |
| EW Edwards Lifesciences Corp. | 0.70% | 16,200 | $1.2M | No change |
| GBIL Goldman Sachs Access Treasur | 0.68% | 11,550 | $1.2M | Reduce -4.9% |
| XOM Exxon Mobil Corp. | 0.66% | 10,486 | $1.1M | Reduce -1.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.51% | 10,050 | $865K | Reduce -46.4% |
| JPMorgan Chase & Co | 0.50% | 3,557 | $853K | No change |
| GD General Dynamics Corp. | 0.49% | 3,161 | $833K | Reduce -0.2% |
| SHV iShares 0-1 Year Treasury Bo | 0.41% | 6,300 | $694K | No change |
| V Visa Inc. Class A | 0.34% | 1,822 | $576K | Reduce -0.6% |
| PEP Pepsico Inc. | 0.33% | 3,733 | $568K | Reduce -0.4% |
| AXP American Express Co. | 0.33% | 1,900 | $564K | No change |
| AMZN Amazon.com Inc. | 0.33% | 2,550 | $559K | Reduce -1.5% |
| CTAS Cintas Corp. | 0.26% | 2,402 | $439K | Reduce -6.9% |
| VIG Vanguard Dividend Apprec ETF | 0.26% | 2,238 | $438K | No change |
| CVX Chevron Corp. | 0.26% | 3,000 | $435K | New |
| AMP Ameriprise Financial Inc. | 0.25% | 814 | $433K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 3,885 | $433K | No change |
| UNH Unitedhealth Group Inc. | 0.25% | 841 | $425K | No change |
| F Ford Motor Co. filed as FORD MTR CO | 0.24% | 41,825 | $414K | Reduce -4.6% |
| EMR Emerson Electric Co. | 0.23% | 3,200 | $397K | No change |
| IVV iShares Core S&P 500 ETF | 0.22% | 635 | $374K | No change |
| ABT Abbott Laboratories | 0.21% | 3,179 | $360K | Add +71.9% |
| MRK Merck & Co. Inc. | 0.20% | 3,500 | $348K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 4,811 | $338K | No change |
| UNP Union Pacific Corp. | 0.15% | 1,110 | $253K | No change |
| DVY iShares Select Dividend ETF | 0.13% | 1,742 | $229K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.12% | 4,768 | $210K | New |
| GOOG Alphabet Inc. Class C | 0.12% | 1,100 | $209K | New |
| TDY Teledyne Technologies Inc. | 0.12% | 446 | $207K | New |
| PNC PNC Financial Services Group | 0.12% | 1,070 | $206K | New |
| SPGI S&P Global Inc. | 0.12% | 414 | $206K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -46.4% | 0.51% | −0.73 |
| EWZ iShares MSCI Brazil ETF | Reduce -2.3% | 2.72% | −0.71 |
| AAPL Apple Inc. | Reduce -17.9% | 6.22% | −0.58 |
| BIIB Biogen Inc. | Reduce -27.4% | 0.75% | −0.48 |
| LLY Eli Lilly & Co. | Reduce -14.0% | 1.38% | −0.35 |
| GDX Vaneck Gold Miners ETF | Reduce -0.2% | 3.22% | −0.34 |
| EXPD Expeditors Intl Wash Inc. | Reduce -0.3% | 2.79% | −0.33 |
| OMC Omnicom Group | Reduce -0.5% | 2.18% | −0.29 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.13 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.12 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.11 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.11 |
| VZ Verizon Communications Inc. | Reduce -3.3% | 0.95% | −0.09 |
| COP Conocophillips | Reduce -2.8% | 2.27% | −0.06 |
| GD General Dynamics Corp. | Reduce -0.2% | 0.49% | −0.04 |
| CTAS Cintas Corp. | Reduce -6.9% | 0.26% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -1.4% | 0.66% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.4% | 0.33% | −0.02 |
| F Ford Motor Co. | Reduce -4.6% | 0.24% | −0.01 |
| MSFT Microsoft Corp. | Reduce -5.1% | 0.73% | −0.01 |
| MMM 3M Co. | Reduce -0.3% | 1.18% | +0.00 |
| GBIL Goldman Sachs Access Treasur | Reduce -4.9% | 0.68% | +0.00 |
| VONV Vanguard Russell 1000 Value | Reduce -0.8% | 1.35% | +0.04 |
| COR Cencora Inc. | Reduce -1.0% | 1.23% | +0.06 |
| V Visa Inc. Class A | Reduce -0.6% | 0.34% | +0.06 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 0.33% | +0.06 |
| USB US Bancorp | Reduce -0.3% | 0.73% | +0.07 |
| CAH Cardinal Health Inc. | Reduce -4.3% | 0.89% | +0.07 |
| CSCO Cisco Systems Inc. | Reduce -0.5% | 0.84% | +0.13 |
| GILD Gilead Sciences Inc. | Reduce -0.3% | 1.21% | +0.17 |
| META Meta Platforms Inc. Class A | Reduce -0.8% | 2.72% | +0.20 |
| PCAR Paccar Inc. | Reduce -0.4% | 2.04% | +0.21 |
| MCK McKesson Corp. | Reduce -0.2% | 1.24% | +0.23 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 1.38% | +0.24 |
| KR Kroger Co. | Reduce -0.4% | 2.14% | +0.25 |
| FFIV F5 Inc. | Reduce -1.1% | 2.36% | +0.40 |
| AYI Acuity Inc. | Reduce -1.7% | 4.05% | +0.40 |
| GS Goldman Sachs Group Inc. | Reduce -3.0% | 3.55% | +0.58 |
| BKNG Booking Holdings Inc. | Reduce -3.2% | 3.35% | +0.59 |
Portfolio Buys Q3 2024 → Q4 2024
| CVX Chevron Corp. | New | 0.26% | +0.26 |
| CTSH Cognizant Tech Solutions-A | Add +0.9% | 2.47% | +0.16 |
| COLM Columbia Sportswear Co. | Add +0.3% | 2.20% | +0.16 |
| BAC Bank of America Corp. | New | 0.12% | +0.12 |
| GOOG Alphabet Inc. Class C | New | 0.12% | +0.12 |
| EOG EOG Resources Inc. | Add +5.6% | 1.14% | +0.12 |
| TDY Teledyne Technologies Inc. | New | 0.12% | +0.12 |
| PNC PNC Financial Services Group | New | 0.12% | +0.12 |
| ABT Abbott Laboratories | Add +71.9% | 0.21% | +0.10 |
| SBUX Starbucks Corp. | Add +1.1% | 3.13% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +1.8% | 6.01% | −0.02 |
| CMCSA Comcast Corp. Class A | Add +1.2% | 2.24% | −0.08 |
| QCOM Qualcomm Inc. | Add +0.5% | 3.08% | −0.11 |
| VXUS Vanguard Total Intl Stock | Add +1.9% | 10.25% | −0.14 |
| CI The Cigna Group | Add +1.6% | 2.27% | −0.36 |
| LYB Lyondellbasell Indu Class A | Add +0.4% | 1.84% | −0.39 |
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 |