Cairn Investment 13F annual report
Cairn Investment is an investment fund managing more than $171 million ran by Patrick Mason. There are currently 61 companies in Mr. Mason’s portfolio. The largest investments include Vanguard Total International S and Apple Inc, together worth $28.5 million.
$171 million Assets Under Management (AUM)
As of 30th July 2024, Cairn Investment’s top holding is 287,446 shares of Vanguard Total International S currently worth over $17.3 million and making up 10.1% of the portfolio value.
In addition, the fund holds 52,801 shares of Apple Inc worth $11.1 million, whose value grew 10.5% in the past six months.
The third-largest holding is Vanguard Intl Equity Index worth $10 million and the next is Qualcomm worth $6.71 million, with 33,680 shares owned.
Currently, Cairn Investment's portfolio is worth at least $171 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Cairn Investment
The Cairn Investment office and employees reside in Vancouver, Washington. According to the last 13-F report filed with the SEC, Patrick Mason serves as the CIO at Cairn Investment.
Recent trades
In the most recent 13F filing, Cairn Investment revealed that it had opened a new position in
Starbucks and bought 57,140 shares worth $4.45 million.
This means they effectively own approximately 0.1% of the company.
Starbucks makes up
20.9%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Vanguard Total International S by buying
1,610 additional shares.
This makes their stake in Vanguard Total International S total 287,446 shares worth $17.3 million.
On the other hand, there are companies that Cairn Investment is getting rid of from its portfolio.
Cairn Investment closed its position in Nike on 6th August 2024.
It sold the previously owned 2,400 shares for $226 thousand.
Patrick Mason also disclosed a decreased stake in Apple Inc by 0.2%.
This leaves the value of the investment at $11.1 million and 52,801 shares.
One of the smallest hedge funds
The two most similar investment funds to Cairn Investment are Trv Gp Iv and Resource Planning. They manage $171 million and $171 million respectively.
Patrick Mason investment strategy
Cairn Investment’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 12.5% of
the total portfolio value.
The fund focuses on investments in the United States as
57.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
54% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $226 billion.
The complete list of Cairn Investment trades based on 13F SEC filings
These positions were updated on August 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Vanguard Total International S |
0.56%
287,446
|
$17,333,000 | 10.13% |
| Apple Inc |
17.33%
52,801
|
$11,121,000 | 6.50% |
| Vanguard Intl Equity Index |
0.02%
228,785
|
$10,012,000 | 5.85% |
| Qualcomm, Inc. |
1.98%
33,680
|
$6,708,000 | 3.92% |
| Acuity Brands, Inc. |
3.98%
24,003
|
$5,795,000 | 3.39% |
| iShares Trust |
0.74%
214,378
|
$6,570,000 | 3.84% |
| Vaneck Vectors Etf Tr |
90.05%
16,310
|
$5,541,000 | 3.24% |
| Expeditors Intl Wash Inc |
0.35%
42,986
|
$5,364,000 | 3.13% |
| Goldman Sachs Group, Inc. |
2.53%
10,904
|
$4,932,000 | 2.88% |
| Booking Holdings Inc |
3.97%
1,185
|
$4,694,000 | 2.74% |
| Conocophillips |
6.93%
40,553
|
$4,638,000 | 2.71% |
| Cigna Group (The) |
1.03%
13,542
|
$4,477,000 | 2.62% |
| Starbucks Corp. |
Opened
57,140
|
$4,448,000 | 2.60% |
| Meta Platforms Inc |
1.97%
7,992
|
$4,030,000 | 2.35% |
| Lyondellbasell Industries |
3.24%
41,844
|
$4,003,000 | 2.34% |
| Omnicom Group, Inc. |
3.03%
43,429
|
$3,896,000 | 2.28% |
| Comcast Corp |
2.55%
98,590
|
$3,861,000 | 2.26% |
| Cognizant Tech Solutions |
1.73%
53,280
|
$3,623,000 | 2.12% |
| Columbia Sportwear Co |
2.48%
43,963
|
$3,477,000 | 2.03% |
| Paccar Inc. |
4.79%
33,561
|
$3,455,000 | 2.02% |
| Costco Wholesale Corp |
34.58%
3,941
|
$3,350,000 | 1.96% |
| Eli Lilly Co |
1.82%
3,645
|
$3,300,000 | 1.93% |
| Mckesson Corporation |
3.08%
3,717
|
$3,171,000 | 1.85% |
| Kroger Co. |
3.70%
59,930
|
$2,992,000 | 1.75% |
| F5 Networks Inc |
2.98%
15,932
|
$2,744,000 | 1.60% |
| Novo Nordisk A/s Adr |
1.04%
18,950
|
$2,705,000 | 1.58% |
| Biogen Inc |
1.61%
11,150
|
$2,585,000 | 1.51% |
| Alphabet Inc. A |
0.24%
12,445
|
$2,267,000 | 1.32% |
| Vanguard Russell 1000 Value |
3.26%
28,747
|
$2,201,000 | 1.29% |
| Cencora Inc. |
0.21%
9,419
|
$2,122,000 | 1.24% |
| EOG Resources, Inc. |
0.44%
14,697
|
$1,850,000 | 1.08% |
| Verizon Communications Inc |
0.53%
42,013
|
$1,733,000 | 1.01% |
| 3M Co. |
1.60%
15,819
|
$1,617,000 | 0.94% |
| Gilead Sciences, Inc. |
5.97%
22,823
|
$1,566,000 | 0.91% |
| Edwards Lifesciences Corp |
No change
16,200
|
$1,496,000 | 0.87% |
| Microsoft Corporation |
0.06%
3,175
|
$1,419,000 | 0.83% |
| Cardinal Health, Inc. |
3.99%
13,754
|
$1,352,000 | 0.79% |
| Goldman Sachs Etf Tr |
5.42%
13,100
|
$1,311,000 | 0.77% |
| Exxon Mobil Corp. |
8.27%
10,906
|
$1,256,000 | 0.73% |
| Cisco Systems, Inc. |
7.18%
24,751
|
$1,176,000 | 0.69% |
| Berkshire Hathaway Inc B |
No change
2,828
|
$1,150,000 | 0.67% |
| U.s. Bancorp |
No change
26,088
|
$1,036,000 | 0.61% |
| General Dynamics Corp. |
49.39%
3,186
|
$924,000 | 0.54% |
| Jpmorgan Chase Co |
No change
3,557
|
$719,000 | 0.42% |
| Ishares Short Treasury |
3.08%
6,300
|
$696,000 | 0.41% |
| Pepsico Inc |
0.40%
3,748
|
$618,000 | 0.36% |
| Ford Motor Co. |
No change
45,025
|
$565,000 | 0.33% |
| Amazon.com Inc. |
No change
2,590
|
$501,000 | 0.29% |
| Visa Inc |
7.13%
1,837
|
$482,000 | 0.28% |
| Cintas Corporation |
6.17%
669
|
$468,000 | 0.27% |
| Merck Co Inc |
6.43%
3,725
|
$461,000 | 0.27% |
| American Express Co. |
No change
1,900
|
$440,000 | 0.26% |
| Unitedhealth Group Inc |
3.00%
841
|
$428,000 | 0.25% |
| Vanguard Specialized Funds |
No change
2,238
|
$409,000 | 0.24% |
| Walt Disney Co (The) |
No change
3,885
|
$385,000 | 0.22% |
| Emerson Elec Co |
No change
3,200
|
$353,000 | 0.21% |
| Ameriprise Financial Inc |
No change
814
|
$348,000 | 0.20% |
| Union Pacific Corp. |
11.44%
1,237
|
$280,000 | 0.16% |
| Walgreens Boots Alliance Inc |
6.97%
22,705
|
$275,000 | 0.16% |
| Kla-tencor Corp |
7.41%
300
|
$247,000 | 0.14% |
| Nike, Inc. |
Closed
2,400
|
$226,000 | |
| Abbott Laboratories |
Closed
1,849
|
$210,000 | |
| Solventum Corp |
Opened
3,903
|
$206,000 | 0.12% |
| No transactions found | |||
| Showing first 500 out of 63 holdings | |||
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