Vault-13

Cairn Investment Group, Inc.

VANCOUVER, WA · CIK 1800358 · 13F filing filed 2026-07-28

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$226.7m reported value +12.7% vs Q1 2026
65positions
49.5%in top 10
3 new 18 added 16 reduced 1 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 VANGUARD STAR FDS VG TL INTL STK F VXUS VXUS 311,629 $26.6m11.75% 11.75% AddedShares held: Q3 2025 306.7k, Q4 2025 309.9k, Q1 2026 307.7k, Q2 2026 311.6k +3.9k +3,910 1.3%
2 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO VWO 217,342 $13.0m5.72% 5.72% AddedShares held: Q3 2025 218.2k, Q4 2025 219.3k, Q1 2026 215.0k, Q2 2026 217.3k +2.3k +2,325 1.1%
3 SPDR SER TR BLOOMBERG 1-3 MO BIL BIL 137,640 $12.6m5.56% 5.56% AddedShares held: Q3 2025 0, Q4 2025 80.8k, Q1 2026 105.9k, Q2 2026 137.6k +31.8k +31,765 30.0%
4 ISHARES INC MSCI BRAZIL ETF EWZ EWZ 284,345 $9.8m4.33% 4.33% ReducedShares held: Q3 2025 285.5k, Q4 2025 286.9k, Q1 2026 284.8k, Q2 2026 284.3k -445 -445 -0.2%
5 SELECT SECTOR SPDR TR SBI HEALTHCARE XLV XLV 60,400 $9.6m4.23% 4.23% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 60.4k
6 GOLDMAN SACHS GROUP INC COM GS GS 9,111 $9.2m4.06% 4.06% AddedShares held: Q3 2025 9.2k, Q4 2025 9.2k, Q1 2026 9.0k, Q2 2026 9.1k +75 +75 0.8%
7 ACUITY INC COM AYI AYI 22,647 $8.5m3.76% 3.76% ReducedShares held: Q3 2025 23.0k, Q4 2025 22.9k, Q1 2026 22.7k, Q2 2026 22.6k -20 -20 -0.1%
8 APPLE INC COM AAPL AAPL 29,235 $8.5m3.73% 3.73% ReducedShares held: Q3 2025 37.7k, Q4 2025 37.8k, Q1 2026 37.6k, Q2 2026 29.2k -8.3k -8,330 -22.2%
9 EXPEDITORS INTL WASH INC COM EXPD EXPD 44,608 $7.3m3.21% 3.21% UnchangedShares held: Q3 2025 44.7k, Q4 2025 45.0k, Q1 2026 44.6k, Q2 2026 44.6k
10 BorgWarner Inc COM COM 108,925 $7.2m3.19% 3.19% ReducedShares held: Q3 2025 160.1k, Q4 2025 159.7k, Q1 2026 158.7k, Q2 2026 108.9k -49.8k -49,800 -31.4%
11 ISHARES INC MSCI MLY ETF NEW EWM EWM 263,410 $7.1m3.13% 3.13% ReducedShares held: Q3 2025 263.0k, Q4 2025 265.7k, Q1 2026 263.8k, Q2 2026 263.4k -375 -375 -0.1%
12 MERCK & CO INC COM MRK MRK 54,875 $7.1m3.11% 3.11% AddedShares held: Q3 2025 55.0k, Q4 2025 55.0k, Q1 2026 54.7k, Q2 2026 54.9k +200 +200 0.4%
13 F5 INC COM FFIV FFIV 15,198 $6.3m2.79% 2.79% ReducedShares held: Q3 2025 15.4k, Q4 2025 15.4k, Q1 2026 15.3k, Q2 2026 15.2k -80 -80 -0.5%
14 BOOKING HOLDINGS INC COM BKNG BKNG 32,880 $5.9m2.58% 2.58% AddedShares held: Q3 2025 25.6k, Q4 2025 25.6k, Q1 2026 32.0k, Q2 2026 32.9k +830 +830 2.6%
15 Sysco Corp COM COM 66,760 $5.6m2.46% 2.46% UnchangedShares held: Q3 2025 65.3k, Q4 2025 66.7k, Q1 2026 66.8k, Q2 2026 66.8k
16 PEPSICO INC COM PEP PEP 36,805 $5.0m2.20% 2.20% AddedShares held: Q3 2025 35.5k, Q4 2025 35.9k, Q1 2026 35.9k, Q2 2026 36.8k +872 +872 2.4%
17 QUALCOMM INC COM QCOM QCOM 25,728 $4.8m2.10% 2.10% ReducedShares held: Q3 2025 34.5k, Q4 2025 34.7k, Q1 2026 35.0k, Q2 2026 25.7k -9.2k -9,235 -26.4%
18 THE CIGNA GROUP COM CI CI 15,498 $4.3m1.88% 1.88% AddedShares held: Q3 2025 15.0k, Q4 2025 15.2k, Q1 2026 15.2k, Q2 2026 15.5k +287 +287 1.9%
19 INGREDION INC COM INGR INGR 45,035 $4.3m1.88% 1.88% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 45.0k
20 EOG RES INC COM EOG EOG 31,114 $4.0m1.78% 1.78% AddedShares held: Q3 2025 29.7k, Q4 2025 30.6k, Q1 2026 30.9k, Q2 2026 31.1k +233 +233 0.8%
21 PACCAR INC COM PCAR PCAR 32,791 $3.9m1.74% 1.74% AddedShares held: Q3 2025 34.8k, Q4 2025 32.5k, Q1 2026 32.3k, Q2 2026 32.8k +487 +487 1.5%
22 COSTCO WHSL CORP NEW COM COST COST 4,111 $3.8m1.70% 1.70% AddedShares held: Q3 2025 4.0k, Q4 2025 3.9k, Q1 2026 3.9k, Q2 2026 4.1k +200 +200 5.1%
23 KROGER CO COM KR KR 57,557 $3.2m1.41% 1.41% UnchangedShares held: Q3 2025 58.0k, Q4 2025 57.9k, Q1 2026 57.6k, Q2 2026 57.6k
24 ELI LILLY & CO COM LLY LLY 2,610 $3.1m1.38% 1.38% ReducedShares held: Q3 2025 3.0k, Q4 2025 3.0k, Q1 2026 2.8k, Q2 2026 2.6k -175 -175 -6.3%
25 VANECK ETF TRUST GOLD MINERS ETF GDX GDX 39,330 $3.0m1.31% 1.31% ReducedShares held: Q3 2025 152.2k, Q4 2025 102.3k, Q1 2026 39.5k, Q2 2026 39.3k -130 -130 -0.3%
26 COMCAST CORP NEW CL A CMCSA CMCSA 117,440 $2.9m1.27% 1.27% AddedShares held: Q3 2025 113.2k, Q4 2025 11.6k, Q1 2026 112.0k, Q2 2026 117.4k +5.5k +5,465 4.9%
27 CISCO SYS INC COM CSCO CSCO 23,936 $2.8m1.24% 1.24% UnchangedShares held: Q3 2025 24.0k, Q4 2025 24.1k, Q1 2026 23.9k, Q2 2026 23.9k
28 GILEAD SCIENCES INC COM GILD GILD 21,247 $2.7m1.18% 1.18% ReducedShares held: Q3 2025 21.8k, Q4 2025 21.7k, Q1 2026 21.4k, Q2 2026 21.2k -116 -116 -0.5%
29 MCKESSON CORP COM MCK MCK 3,550 $2.7m1.18% 1.18% ReducedShares held: Q3 2025 3.6k, Q4 2025 3.6k, Q1 2026 3.6k, Q2 2026 3.5k -20 -20 -0.6%
30 CARDINAL HEALTH INC COM CAH CAH 11,015 $2.6m1.15% 1.15% ReducedShares held: Q3 2025 1.8k, Q4 2025 11.4k, Q1 2026 11.2k, Q2 2026 11.0k -225 -225 -2.0%
31 COGNIZANT TECHNOLOGY SOLUTIO CL A CTSH CTSH 60,810 $2.4m1.04% 1.04% AddedShares held: Q3 2025 56.3k, Q4 2025 57.1k, Q1 2026 57.8k, Q2 2026 60.8k +3.0k +2,965 5.1%
32 VANGUARD SCOTTSDALE FDS VNG RUS1000VAL VONV VONV 21,752 $2.3m1.02% 1.02% ReducedShares held: Q3 2025 23.0k, Q4 2025 22.6k, Q1 2026 21.9k, Q2 2026 21.8k -145 -145 -0.7%
33 ALPHABET INC CAP STK CL A GOOGL GOOGL 6,454 $2.3m1.02% 1.02% UnchangedShares held: Q3 2025 12.0k, Q4 2025 11.9k, Q1 2026 6.5k, Q2 2026 6.5k
34 FISERV INC COM FISV FISV 46,255 $2.3m1.00% 1.00% ReducedShares held: Q3 2025 35.4k, Q4 2025 46.4k, Q1 2026 46.4k, Q2 2026 46.3k -95 -95 -0.2%
35 BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B BRK.B 3,637 $1.8m0.80% 0.80% UnchangedShares held: Q3 2025 3.8k, Q4 2025 3.8k, Q1 2026 3.6k, Q2 2026 3.6k
36 BIOGEN INC COM BIIB BIIB 8,043 $1.7m0.77% 0.77% UnchangedShares held: Q3 2025 8.2k, Q4 2025 8.1k, Q1 2026 8.0k, Q2 2026 8.0k
37 EDWARDS LIFESCIENCES CORP COM EW EW 17,800 $1.6m0.71% 0.71% UnchangedShares held: Q3 2025 17.8k, Q4 2025 17.8k, Q1 2026 17.8k, Q2 2026 17.8k
38 US BANCORP DEL COM NEW USB USB 26,013 $1.6m0.69% 0.69% ReducedShares held: Q3 2025 27.5k, Q4 2025 26.5k, Q1 2026 26.5k, Q2 2026 26.0k -525 -525 -2.0%
39 MICROSOFT CORP COM MSFT MSFT 4,070 $1.5m0.67% 0.67% AddedShares held: Q3 2025 2.9k, Q4 2025 2.9k, Q1 2026 2.8k, Q2 2026 4.1k +1.3k +1,300 46.9%
40 JPMorgan Chase & Co COM COM 3,757 $1.2m0.54% 0.54% AddedShares held: Q3 2025 3.6k, Q4 2025 3.6k, Q1 2026 3.6k, Q2 2026 3.8k +200 +200 5.6%
41 GOLDMAN SACHS ETF TR ACCES TREASURY GBIL GBIL 7,920 $793.0k0.35% 0.35% UnchangedShares held: Q3 2025 8.0k, Q4 2025 7.9k, Q1 2026 7.9k, Q2 2026 7.9k
42 PACER FDS TR US CASH COWS 100 COWZ COWZ 12,370 $769.0k0.34% 0.34% AddedShares held: Q3 2025 10.4k, Q4 2025 11.3k, Q1 2026 11.8k, Q2 2026 12.4k +535 +535 4.5%
43 AMAZON COM INC COM AMZN AMZN 2,885 $688.0k0.30% 0.30% AddedShares held: Q3 2025 2.2k, Q4 2025 2.2k, Q1 2026 2.2k, Q2 2026 2.9k +700 +700 32.0%
44 EXXON MOBIL CORP COM XOM XOM 4,784 $654.0k0.29% 0.29% UnchangedShares held: Q3 2025 4.8k, Q4 2025 4.8k, Q1 2026 4.8k, Q2 2026 4.8k
45 AMERICAN EXPRESS CO COM AXP AXP 1,900 $643.0k0.28% 0.28% UnchangedShares held: Q3 2025 1.9k, Q4 2025 1.9k, Q1 2026 1.9k, Q2 2026 1.9k
46 VISA INC COM CL A V V 1,640 $563.0k0.25% 0.25% UnchangedShares held: Q3 2025 2.0k, Q4 2025 1.9k, Q1 2026 1.6k, Q2 2026 1.6k
47 3M CO COM MMM MMM 3,370 $546.0k0.24% 0.24% UnchangedShares held: Q3 2025 3.4k, Q4 2025 3.4k, Q1 2026 3.4k, Q2 2026 3.4k
48 EMERSON ELEC CO COM EMR EMR 3,160 $452.0k0.20% 0.20% UnchangedShares held: Q3 2025 3.2k, Q4 2025 3.2k, Q1 2026 3.2k, Q2 2026 3.2k
49 NOVO-NORDISK A S ADR NVO NVO 9,333 $447.0k0.20% 0.20% ReducedShares held: Q3 2025 10.3k, Q4 2025 10.3k, Q1 2026 9.4k, Q2 2026 9.3k -75 -75 -0.8%
50 VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG VIG 1,752 $415.0k0.18% 0.18% UnchangedShares held: Q3 2025 1.8k, Q4 2025 1.8k, Q1 2026 1.8k, Q2 2026 1.8k
51 ISHARES TR CORE MSCI EAFE IEFA IEFA 4,211 $407.0k0.18% 0.18% UnchangedShares held: Q3 2025 4.2k, Q4 2025 4.2k, Q1 2026 4.2k, Q2 2026 4.2k
52 AMERIPRISE FINL INC COM AMP AMP 814 $373.0k0.16% 0.16% UnchangedShares held: Q3 2025 814, Q4 2025 814, Q1 2026 814, Q2 2026 814
53 DISNEY WALT CO COM DIS DIS 3,810 $366.0k0.16% 0.16% UnchangedShares held: Q3 2025 3.8k, Q4 2025 3.8k, Q1 2026 3.8k, Q2 2026 3.8k
54 ISHARES TR CORE S&P500 ETF IVV IVV 475 $356.0k0.16% 0.16% UnchangedShares held: Q3 2025 475, Q4 2025 475, Q1 2026 475, Q2 2026 475
55 UNITEDHEALTH GROUP INC COM UNH UNH 841 $350.0k0.15% 0.15% UnchangedShares held: Q3 2025 841, Q4 2025 841, Q1 2026 841, Q2 2026 841
56 CINTAS CORP COM CTAS CTAS 1,917 $326.0k0.14% 0.14% UnchangedShares held: Q3 2025 2.1k, Q4 2025 2.1k, Q1 2026 1.9k, Q2 2026 1.9k
57 ISHARES TR SHORT TREAS BD SHV SHV 2,875 $317.0k0.14% 0.14% UnchangedShares held: Q3 2025 3.6k, Q4 2025 3.0k, Q1 2026 2.9k, Q2 2026 2.9k
58 UNION PAC CORP COM UNP UNP 1,110 $302.0k0.13% 0.13% UnchangedShares held: Q3 2025 1.1k, Q4 2025 1.1k, Q1 2026 1.1k, Q2 2026 1.1k
59 SCHWAB STRATEGIC TR SHT TM US TRES SCHO SCHO 12,474 $301.0k0.13% 0.13% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 12.5k
60 TELEDYNE TECHNOLOGIES INC COM TDY TDY 446 $297.0k0.13% 0.13% UnchangedShares held: Q3 2025 446, Q4 2025 446, Q1 2026 446, Q2 2026 446
61 BOEING CO COM BA BA 1,331 $288.0k0.13% 0.13% UnchangedShares held: Q3 2025 1.4k, Q4 2025 1.4k, Q1 2026 1.3k, Q2 2026 1.3k
62 BANK AMERICA CORP COM BAC BAC 4,768 $272.0k0.12% 0.12% UnchangedShares held: Q3 2025 4.8k, Q4 2025 4.8k, Q1 2026 4.8k, Q2 2026 4.8k
63 ISHARES TR SELECT DIVID ETF DVY DVY 1,742 $272.0k0.12% 0.12% UnchangedShares held: Q3 2025 1.7k, Q4 2025 1.7k, Q1 2026 1.7k, Q2 2026 1.7k
64 JOHNSON & JOHNSON COM JNJ JNJ 1,060 $269.0k0.12% 0.12% AddedShares held: Q3 2025 0, Q4 2025 0, Q1 2026 890, Q2 2026 1.1k +170 +170 19.1%
65 ABBVIE INC COM ABBV ABBV 973 $245.0k0.11% 0.11% UnchangedShares held: Q3 2025 973, Q4 2025 973, Q1 2026 973, Q2 2026 973

Sold out since Q1 2026

SecurityTickerShares held beforeValue then
FORD MTR CO F F 22,145 $256.0k22.1k shares