Cairn Investment Group, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Cairn Investment Group, Inc. reported 66 stock positions worth $177.0 million. Its top holding was Vanguard Total Intl Stock (VXUS) at 10.5% of the portfolio, followed by Vanguard Ftse Emerging Marke (VWO, 5.9%) and Apple (AAPL, 5.5%). Compared with Q4 2024, it opened 5 new positions, sold out of 7, added to 15 and reduced 34. The biggest buy was a new position in Sysco (SYY) and the biggest sale an exit from Conocophillips (COP).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, WA
- CIK
- 0001800358
- Portfolio Value
- $177.0M (Q1 2025)
- SEC Filing
- 0001800358-25-000002 ↗ filed Apr 25, 2025
Holdings Value
Holdings 66 stocks · $177.0M
| VXUS Vanguard Total Intl Stock | 10.48% | 298,654 | $18.5M | Add +0.9% |
| VWO Vanguard Ftse Emerging Marke | 5.89% | 230,416 | $10.4M | Reduce -0.8% |
| AAPL Apple Inc. | 5.51% | 43,902 | $9.8M | Add +1.3% |
| GDX Vaneck Gold Miners ETF | 4.15% | 159,805 | $7.3M | Reduce -1.2% |
| EWZ iShares MSCI Brazil ETF | 4.11% | 281,175 | $7.3M | Add +36.6% |
| AYI Acuity Inc. | 3.49% | 23,426 | $6.2M | Reduce -0.7% |
| SBUX Starbucks Corp. | 3.22% | 58,114 | $5.7M | Reduce -0.4% |
| GS Goldman Sachs Group Inc. | 3.18% | 10,295 | $5.6M | Reduce -2.4% |
| QCOM Qualcomm Inc. | 2.99% | 34,456 | $5.3M | Add +1.1% |
| EXPD Expeditors Intl Wash Inc. | 2.99% | 44,004 | $5.3M | Add +2.8% |
| BKNG Booking Holdings Inc. | 2.87% | 1,103 | $5.1M | Reduce -3.8% |
| SYY Sysco Corp | 2.76% | 65,000 | $4.9M | New |
| CI The Cigna Group | 2.68% | 14,411 | $4.7M | Add +3.2% |
| BorgWarner Inc | 2.58% | 159,650 | $4.6M | New |
| META Meta Platforms Inc. Class A | 2.52% | 7,733 | $4.5M | Reduce -2.0% |
| FFIV F5 Inc. | 2.39% | 15,889 | $4.2M | Reduce -0.7% |
| CTSH Cognizant Tech Solutions-A | 2.37% | 54,755 | $4.2M | Add +0.3% |
| KR Kroger Co. | 2.25% | 58,739 | $4.0M | Reduce -1.6% |
| CMCSA Comcast Corp. Class A | 2.22% | 106,434 | $3.9M | Add +4.9% |
| EOG EOG Resources Inc. | 2.07% | 28,581 | $3.7M | Add +80.3% |
| COST Costco Wholesale Corp. | 2.06% | 3,861 | $3.7M | Reduce -2.0% |
| OMC Omnicom Group | 2.02% | 43,212 | $3.6M | Add +0.1% |
| COLM Columbia Sportswear Co. | 1.90% | 44,411 | $3.4M | Reduce -0.6% |
| PCAR Paccar Inc. | 1.81% | 32,991 | $3.2M | Reduce -1.4% |
| LYB Lyondellbasell Indu Class A | 1.67% | 41,930 | $3.0M | Reduce -0.5% |
| MCK McKesson Corp. | 1.40% | 3,685 | $2.5M | Reduce -0.8% |
| GILD Gilead Sciences Inc. | 1.40% | 22,123 | $2.5M | Reduce -0.7% |
| LLY Eli Lilly & Co. | 1.39% | 2,985 | $2.5M | Reduce -1.6% |
| VONV Vanguard Russell 1000 Value | 1.18% | 25,207 | $2.1M | Reduce -11.0% |
| GOOGL Alphabet Inc. Class A | 1.07% | 12,237 | $1.9M | Reduce -1.4% |
| VZ Verizon Communications Inc. | 1.00% | 38,944 | $1.8M | Reduce -4.0% |
| CAH Cardinal Health Inc. | 0.93% | 11,967 | $1.6M | Reduce -6.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.87% | 2,878 | $1.5M | Add +1.8% |
| CSCO Cisco Systems Inc. | 0.86% | 24,802 | $1.5M | Add +3.3% |
| XOM Exxon Mobil Corp. | 0.69% | 10,266 | $1.2M | Reduce -2.1% |
| BIIB Biogen Inc. | 0.65% | 8,356 | $1.1M | Reduce -0.1% |
| MSFT Microsoft Corp. | 0.64% | 3,031 | $1.1M | Add +3.4% |
| EW Edwards Lifesciences Corp. | 0.63% | 15,300 | $1.1M | Reduce -5.6% |
| USB US Bancorp | 0.62% | 26,038 | $1.1M | Reduce -0.2% |
| GBIL Goldman Sachs Access Treasur | 0.61% | 10,800 | $1.1M | Reduce -6.5% |
| JPMorgan Chase & Co | 0.49% | 3,557 | $873K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.39% | 9,882 | $686K | Reduce -1.7% |
| V Visa Inc. Class A | 0.37% | 1,882 | $660K | Add +3.3% |
| CVX Chevron Corp. | 0.31% | 3,285 | $550K | Add +9.5% |
| PEP Pepsico Inc. | 0.30% | 3,540 | $531K | Reduce -5.2% |
| AXP American Express Co. | 0.29% | 1,900 | $511K | No change |
| MMM 3M Co. | 0.28% | 3,370 | $495K | Reduce -78.3% |
| AMZN Amazon.com Inc. | 0.26% | 2,450 | $466K | Reduce -3.9% |
| CTAS Cintas Corp. | 0.25% | 2,157 | $443K | Reduce -10.2% |
| UNH Unitedhealth Group Inc. | 0.25% | 841 | $440K | No change |
| F Ford Motor Co. filed as FORD MTR CO | 0.22% | 39,425 | $395K | Reduce -5.7% |
| AMP Ameriprise Financial Inc. | 0.22% | 814 | $394K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 3,885 | $383K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.21% | 4,811 | $364K | No change |
| EMR Emerson Electric Co. | 0.20% | 3,200 | $351K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.19% | 1,752 | $340K | Reduce -21.7% |
| IVV iShares Core S&P 500 ETF | 0.19% | 600 | $337K | Reduce -5.5% |
| MRK Merck & Co. Inc. | 0.18% | 3,500 | $314K | No change |
| COWZ Pacer US Cash Cows 100 ETF | 0.16% | 5,280 | $289K | New |
| UNP Union Pacific Corp. | 0.15% | 1,110 | $262K | No change |
| ABT Abbott Laboratories | 0.14% | 1,849 | $245K | Reduce -41.8% |
| DVY iShares Select Dividend ETF | 0.13% | 1,742 | $234K | No change |
| Nordstrom Inc | 0.13% | 9,325 | $228K | New |
| TDY Teledyne Technologies Inc. | 0.13% | 446 | $222K | No change |
| SPGI S&P Global Inc. | 0.12% | 414 | $210K | No change |
| AbbVie Inc | 0.12% | 973 | $204K | New |
Portfolio Sells Q4 2024 → Q1 2025
| COP Conocophillips | Sold out | 0.00% | −2.27 |
| COR Cencora Inc. | Sold out | 0.00% | −1.23 |
| MMM 3M Co. | Reduce -78.3% | 0.28% | −0.90 |
| AYI Acuity Inc. | Reduce -0.7% | 3.49% | −0.56 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.49 |
| BKNG Booking Holdings Inc. | Reduce -3.8% | 2.87% | −0.48 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.41 |
| GS Goldman Sachs Group Inc. | Reduce -2.4% | 3.18% | −0.37 |
| GOOGL Alphabet Inc. Class A | Reduce -1.4% | 1.07% | −0.31 |
| COLM Columbia Sportswear Co. | Reduce -0.6% | 1.90% | −0.30 |
| PCAR Paccar Inc. | Reduce -1.4% | 1.81% | −0.23 |
| META Meta Platforms Inc. Class A | Reduce -2.0% | 2.52% | −0.20 |
| VONV Vanguard Russell 1000 Value | Reduce -11.0% | 1.18% | −0.18 |
| LYB Lyondellbasell Indu Class A | Reduce -0.5% | 1.67% | −0.17 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.12 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.12 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.12 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -1.7% | 0.39% | −0.12 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.8% | 5.89% | −0.12 |
| USB US Bancorp | Reduce -0.2% | 0.62% | −0.11 |
| BIIB Biogen Inc. | Reduce -0.1% | 0.65% | −0.11 |
| EW Edwards Lifesciences Corp. | Reduce -5.6% | 0.63% | −0.08 |
| ABT Abbott Laboratories | Reduce -41.8% | 0.14% | −0.07 |
| GBIL Goldman Sachs Access Treasur | Reduce -6.5% | 0.61% | −0.07 |
| VIG Vanguard Dividend Apprec ETF | Reduce -21.7% | 0.19% | −0.07 |
| AMZN Amazon.com Inc. | Reduce -3.9% | 0.26% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -2.0% | 2.06% | −0.06 |
| PEP Pepsico Inc. | Reduce -5.2% | 0.30% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -5.5% | 0.19% | −0.03 |
| F Ford Motor Co. | Reduce -5.7% | 0.22% | −0.02 |
| CTAS Cintas Corp. | Reduce -10.2% | 0.25% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -1.6% | 1.39% | +0.02 |
| FFIV F5 Inc. | Reduce -0.7% | 2.39% | +0.03 |
| XOM Exxon Mobil Corp. | Reduce -2.1% | 0.69% | +0.03 |
| VZ Verizon Communications Inc. | Reduce -4.0% | 1.00% | +0.04 |
| CAH Cardinal Health Inc. | Reduce -6.2% | 0.93% | +0.04 |
| SBUX Starbucks Corp. | Reduce -0.4% | 3.22% | +0.09 |
| KR Kroger Co. | Reduce -1.6% | 2.25% | +0.10 |
| MCK McKesson Corp. | Reduce -0.8% | 1.40% | +0.16 |
| GILD Gilead Sciences Inc. | Reduce -0.7% | 1.40% | +0.19 |
| GDX Vaneck Gold Miners ETF | Reduce -1.2% | 4.15% | +0.93 |
Portfolio Buys Q4 2024 → Q1 2025
| SYY Sysco Corp | New | 2.76% | +2.76 |
| BorgWarner Inc | New | 2.58% | +2.58 |
| EWZ iShares MSCI Brazil ETF | Add +36.6% | 4.11% | +1.38 |
| EOG EOG Resources Inc. | Add +80.3% | 2.07% | +0.93 |
| CI The Cigna Group | Add +3.2% | 2.68% | +0.41 |
| VXUS Vanguard Total Intl Stock | Add +0.9% | 10.48% | +0.22 |
| EXPD Expeditors Intl Wash Inc. | Add +2.8% | 2.99% | +0.20 |
| COWZ Pacer US Cash Cows 100 ETF | New | 0.16% | +0.16 |
| Nordstrom Inc | New | 0.13% | +0.13 |
| AbbVie Inc | New | 0.12% | +0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.8% | 0.87% | +0.11 |
| CVX Chevron Corp. | Add +9.5% | 0.31% | +0.06 |
| V Visa Inc. Class A | Add +3.3% | 0.37% | +0.03 |
| CSCO Cisco Systems Inc. | Add +3.3% | 0.86% | +0.03 |
| CMCSA Comcast Corp. Class A | Add +4.9% | 2.22% | −0.02 |
| MSFT Microsoft Corp. | Add +3.4% | 0.64% | −0.08 |
| QCOM Qualcomm Inc. | Add +1.1% | 2.99% | −0.09 |
| CTSH Cognizant Tech Solutions-A | Add +0.3% | 2.37% | −0.10 |
| OMC Omnicom Group | Add +0.1% | 2.02% | −0.16 |
| AAPL Apple Inc. | Add +1.3% | 5.51% | −0.71 |
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 |