Cairn Investment Group, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), Cairn Investment Group, Inc. reported 68 stock positions worth $191.5 million. Its top holding was Vanguard Total Intl Stock (VXUS) at 11.1% of the portfolio, followed by Vanguard Ftse Emerging Marke (VWO, 5.9%) and Apple (AAPL, 4.6%). Compared with Q1 2025, it opened 5 new positions, sold out of 3, added to 25 and reduced 23. The biggest buy was Pepsico (PEP, shares +904%) and the biggest sale an exit from Lyondellbasell Indu Class A (LYB).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, WA
- CIK
- 0001800358
- Portfolio Value
- $191.5M (Q2 2025)
- SEC Filing
- 0001800358-25-000003 ↗ filed Jul 17, 2025
Holdings Value
Holdings 68 stocks · $191.5M
| VXUS Vanguard Total Intl Stock | 11.12% | 308,109 | $21.3M | Add +3.2% |
| VWO Vanguard Ftse Emerging Marke | 5.88% | 227,668 | $11.3M | Reduce -1.2% |
| AAPL Apple Inc. | 4.63% | 43,227 | $8.9M | Reduce -1.5% |
| EWZ iShares MSCI Brazil ETF | 4.29% | 284,705 | $8.2M | Add +1.3% |
| GDX Vaneck Gold Miners ETF | 4.26% | 156,755 | $8.2M | Reduce -1.9% |
| GS Goldman Sachs Group Inc. | 3.75% | 10,147 | $7.2M | Reduce -1.4% |
| AYI Acuity Inc. | 3.65% | 23,402 | $7.0M | Reduce -0.1% |
| BKNG Booking Holdings Inc. | 3.24% | 1,071 | $6.2M | Reduce -2.9% |
| QCOM Qualcomm Inc. | 2.88% | 34,678 | $5.5M | Add +0.6% |
| BorgWarner Inc | 2.82% | 161,475 | $5.4M | Add +1.1% |
| SBUX Starbucks Corp. | 2.81% | 58,775 | $5.4M | Add +1.1% |
| EXPD Expeditors Intl Wash Inc. | 2.65% | 44,420 | $5.1M | Add +0.9% |
| SYY Sysco Corp | 2.60% | 65,735 | $5.0M | Add +1.1% |
| CI The Cigna Group | 2.52% | 14,604 | $4.8M | Add +1.3% |
| PEP Pepsico Inc. | 2.45% | 35,555 | $4.7M | Add +904.4% |
| FFIV F5 Inc. | 2.42% | 15,731 | $4.6M | Reduce -1.0% |
| CTSH Cognizant Tech Solutions-A | 2.26% | 55,530 | $4.3M | Add +1.4% |
| MRK Merck & Co. Inc. | 2.26% | 54,585 | $4.3M | Add +1459.6% |
| KR Kroger Co. | 2.21% | 58,902 | $4.2M | Add +0.3% |
| COST Costco Wholesale Corp. | 2.07% | 4,011 | $4.0M | Add +3.9% |
| CMCSA Comcast Corp. Class A | 2.02% | 108,315 | $3.9M | Add +1.8% |
| EOG EOG Resources Inc. | 1.82% | 29,066 | $3.5M | Add +1.7% |
| PCAR Paccar Inc. | 1.63% | 32,812 | $3.1M | Reduce -0.5% |
| OMC Omnicom Group | 1.58% | 41,956 | $3.0M | Reduce -2.9% |
| META Meta Platforms Inc. Class A | 1.51% | 3,928 | $2.9M | Reduce -49.2% |
| COLM Columbia Sportswear Co. | 1.41% | 44,189 | $2.7M | Reduce -0.5% |
| MCK McKesson Corp. | 1.40% | 3,650 | $2.7M | Reduce -0.9% |
| GILD Gilead Sciences Inc. | 1.29% | 22,283 | $2.5M | Add +0.7% |
| LLY Eli Lilly & Co. | 1.22% | 2,985 | $2.3M | No change |
| GOOGL Alphabet Inc. Class A | 1.12% | 12,124 | $2.1M | Reduce -0.9% |
| VONV Vanguard Russell 1000 Value | 1.08% | 24,357 | $2.1M | Reduce -3.4% |
| CAH Cardinal Health Inc. | 1.07% | 12,192 | $2.0M | Add +1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 3,787 | $1.8M | Add +31.6% |
| VZ Verizon Communications Inc. | 0.96% | 42,502 | $1.8M | Add +9.1% |
| CSCO Cisco Systems Inc. | 0.91% | 25,102 | $1.7M | Add +1.2% |
| MSFT Microsoft Corp. | 0.77% | 2,948 | $1.5M | Reduce -2.7% |
| EW Edwards Lifesciences Corp. | 0.73% | 17,800 | $1.4M | Add +16.3% |
| USB US Bancorp | 0.69% | 29,188 | $1.3M | Add +12.1% |
| BIIB Biogen Inc. | 0.54% | 8,274 | $1.0M | Reduce -1.0% |
| JPMorgan Chase & Co | 0.54% | 3,557 | $1.0M | No change |
| GBIL Goldman Sachs Access Treasur | 0.47% | 8,950 | $896K | Reduce -17.1% |
| AMZN Amazon.com Inc. | 0.38% | 3,350 | $735K | Add +36.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.37% | 10,328 | $713K | Add +4.5% |
| AXP American Express Co. | 0.32% | 1,900 | $606K | No change |
| V Visa Inc. Class A | 0.31% | 1,682 | $597K | Reduce -10.6% |
| XOM Exxon Mobil Corp. | 0.27% | 4,784 | $516K | Reduce -53.4% |
| MMM 3M Co. | 0.27% | 3,370 | $513K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 3,885 | $482K | No change |
| CTAS Cintas Corp. | 0.24% | 2,077 | $463K | Reduce -3.7% |
| AMP Ameriprise Financial Inc. | 0.23% | 814 | $434K | No change |
| EMR Emerson Electric Co. | 0.22% | 3,200 | $427K | No change |
| COWZ Pacer US Cash Cows 100 ETF | 0.22% | 7,720 | $425K | Add +46.2% |
| F Ford Motor Co. filed as FORD MTR CO | 0.22% | 38,525 | $418K | Reduce -2.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.21% | 3,675 | $406K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.21% | 4,811 | $402K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.19% | 1,752 | $359K | No change |
| IVV iShares Core S&P 500 ETF | 0.18% | 550 | $341K | Reduce -8.3% |
| CVX Chevron Corp. | 0.16% | 2,165 | $310K | Reduce -34.1% |
| BA The Boeing Co. | 0.15% | 1,380 | $289K | New |
| UNH Unitedhealth Group Inc. | 0.14% | 841 | $262K | No change |
| UNP Union Pacific Corp. | 0.13% | 1,110 | $255K | No change |
| ABT Abbott Laboratories | 0.13% | 1,849 | $251K | No change |
| COR Cencora Inc. | 0.12% | 780 | $234K | New |
| DVY iShares Select Dividend ETF | 0.12% | 1,742 | $231K | No change |
| TDY Teledyne Technologies Inc. | 0.12% | 446 | $228K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.12% | 4,768 | $226K | New |
| SPGI S&P Global Inc. | 0.11% | 414 | $218K | No change |
| KLAC KLA Corp. | 0.11% | 232 | $208K | New |
Portfolio Sells Q1 2025 → Q2 2025
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −1.67 |
| META Meta Platforms Inc. Class A | Reduce -49.2% | 1.51% | −1.00 |
| AAPL Apple Inc. | Reduce -1.5% | 4.63% | −0.88 |
| COLM Columbia Sportswear Co. | Reduce -0.5% | 1.41% | −0.49 |
| OMC Omnicom Group | Reduce -2.9% | 1.58% | −0.45 |
| XOM Exxon Mobil Corp. | Reduce -53.4% | 0.27% | −0.42 |
| PCAR Paccar Inc. | Reduce -0.5% | 1.63% | −0.19 |
| CVX Chevron Corp. | Reduce -34.1% | 0.16% | −0.15 |
| GBIL Goldman Sachs Access Treasur | Reduce -17.1% | 0.47% | −0.14 |
| Nordstrom Inc | Sold out | 0.00% | −0.13 |
| AbbVie Inc | Sold out | 0.00% | −0.12 |
| BIIB Biogen Inc. | Reduce -1.0% | 0.54% | −0.10 |
| VONV Vanguard Russell 1000 Value | Reduce -3.4% | 1.08% | −0.09 |
| V Visa Inc. Class A | Reduce -10.6% | 0.31% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -8.3% | 0.18% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.2% | 5.88% | −0.01 |
| CTAS Cintas Corp. | Reduce -3.7% | 0.24% | −0.01 |
| F Ford Motor Co. | Reduce -2.3% | 0.22% | −0.00 |
| MCK McKesson Corp. | Reduce -0.9% | 1.40% | −0.00 |
| FFIV F5 Inc. | Reduce -1.0% | 2.42% | +0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -0.9% | 1.12% | +0.05 |
| GDX Vaneck Gold Miners ETF | Reduce -1.9% | 4.26% | +0.11 |
| MSFT Microsoft Corp. | Reduce -2.7% | 0.77% | +0.12 |
| AYI Acuity Inc. | Reduce -0.1% | 3.65% | +0.16 |
| BKNG Booking Holdings Inc. | Reduce -2.9% | 3.24% | +0.37 |
| GS Goldman Sachs Group Inc. | Reduce -1.4% | 3.75% | +0.57 |
Portfolio Buys Q1 2025 → Q2 2025
| PEP Pepsico Inc. | Add +904.4% | 2.45% | +2.15 |
| MRK Merck & Co. Inc. | Add +1459.6% | 2.26% | +2.08 |
| VXUS Vanguard Total Intl Stock | Add +3.2% | 11.12% | +0.64 |
| BorgWarner Inc | Add +1.1% | 2.82% | +0.24 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.21% | +0.21 |
| EWZ iShares MSCI Brazil ETF | Add +1.3% | 4.29% | +0.18 |
| BA The Boeing Co. | New | 0.15% | +0.15 |
| CAH Cardinal Health Inc. | Add +1.9% | 1.07% | +0.14 |
| COR Cencora Inc. | New | 0.12% | +0.12 |
| AMZN Amazon.com Inc. | Add +36.7% | 0.38% | +0.12 |
| BAC Bank of America Corp. | New | 0.12% | +0.12 |
| KLAC KLA Corp. | New | 0.11% | +0.11 |
| EW Edwards Lifesciences Corp. | Add +16.3% | 0.73% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +31.6% | 0.96% | +0.09 |
| USB US Bancorp | Add +12.1% | 0.69% | +0.07 |
| COWZ Pacer US Cash Cows 100 ETF | Add +46.2% | 0.22% | +0.06 |
| CSCO Cisco Systems Inc. | Add +1.2% | 0.91% | +0.04 |
| COST Costco Wholesale Corp. | Add +3.9% | 2.07% | +0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +4.5% | 0.37% | −0.02 |
| VZ Verizon Communications Inc. | Add +9.1% | 0.96% | −0.04 |
| KR Kroger Co. | Add +0.3% | 2.21% | −0.04 |
| CTSH Cognizant Tech Solutions-A | Add +1.4% | 2.26% | −0.10 |
| QCOM Qualcomm Inc. | Add +0.6% | 2.88% | −0.11 |
| GILD Gilead Sciences Inc. | Add +0.7% | 1.29% | −0.11 |
| SYY Sysco Corp | Add +1.1% | 2.60% | −0.16 |
| CI The Cigna Group | Add +1.3% | 2.52% | −0.16 |
| CMCSA Comcast Corp. Class A | Add +1.8% | 2.02% | −0.20 |
| EOG EOG Resources Inc. | Add +1.7% | 1.82% | −0.25 |
| EXPD Expeditors Intl Wash Inc. | Add +0.9% | 2.65% | −0.34 |
| SBUX Starbucks Corp. | Add +1.1% | 2.81% | −0.41 |
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 |