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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

White Pine Investment CO

Quarter ended Q3 2025 · Filed October 14, 2025 · Accession 0001318259-25-000005

Total Value
$421,498
Positions
67
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (67)

#IssuerTicker / CUSIPSharesValue% of Filing
1Berkshire Hathaway IncBRK-A71,007$35,6988.47%
2Alphabet IncGOOG89,199$21,6845.14%
3Schwab Fundamental U.S. Large808524771588,977$15,4903.67%
4Goldman Sachs ActiveBeta InterNVGLF374,836$15,4093.66%
5Microsoft CorpMSFT26,855$13,9103.30%
6VanEck Vectors Investment Grade Floating Rate ETF92189F486522,251$13,3543.17%
7iShares Edge MSCI Min Vol USA46429B697129,991$12,3672.93%
8VanEck Vectors Gold Miners ETF92189F106157,776$12,0542.86%
9Meta Platforms Inc Class AMETA15,899$11,6762.77%
10Apple IncAAPL42,054$10,7082.54%
11Schwab Intermediate Treasury808524854406,576$10,2172.42%
12iShares TIPS Bond ETF46428717691,408$10,1662.41%
13JPMorgan Chase & CoVYLD31,749$10,0152.38%
14Marathon Petroleum CorpMARA51,683$9,9612.36%
15Goldman Sachs Etf Tr Just Us Lrg CpNVGLF102,637$9,6272.28%
16Ishares S&P Midcap Growth464287606100,140$9,6022.28%
17Schwab U.S. Large-Cap Value ET808524409326,358$9,5002.25%
18WisdomTree US MidCap Dividend ETFWT169,518$8,8662.10%
19Goldman Sachs Acss Invmt Grd Corp Bd ETFNVGLF184,755$8,6262.05%
20Morgan StanleyMS-PQ52,980$8,4222.00%
21Sprouts Farmers Market Inc85208M10276,638$8,3381.98%
22Amazon.com IncAMZN36,843$8,0901.92%
23Invesco QQQ TrustIVZ12,502$7,5061.78%
24Xtrackers MSCI EAFE High Div Yld Eq ETF233051630253,192$7,4491.77%
25iShares Core S&P Small-Cap ETF46428780461,870$7,3521.74%
26iShares Morningstar Large-Cap Growth ETF46428711967,873$7,0791.68%
27Schwab US Mid Cap ETF808524508226,887$6,7251.60%
28WisdomTree U.S. Quality DivideWT71,548$6,3651.51%
29iShares 7-10 Year Treasury Bond ETF46428744065,962$6,3631.51%
30iShares MSCI EAFE Growth ETF46428888555,738$6,3471.51%
31Chevron CorpCVX40,023$6,2151.47%
32Avantis US Small Cap Value ETF02507287762,191$6,1901.47%
33Avantis US Large Cap Value ETF02507234981,161$5,8651.39%
34First Trust Water ETF33733B10047,771$5,3671.27%
35Laboratory Corp of America HolLH18,570$5,3311.26%
36iShares 1-3 Year Treasury Bond ETF46428745761,837$5,1301.22%
37NextEra Energy IncNEE-PW67,906$5,1261.22%
38Canadian National Railway Co13637510252,620$4,9621.18%
39NVIDIA CorpNVDA26,213$4,8911.16%
40Janus Henderson AAA CLO ETF47103U84593,748$4,7611.13%
41Verizon Communications IncVZ99,641$4,3791.04%
42Alps Alerian Mlp Etf00162Q45291,500$4,2941.02%
43Honeywell International43851610618,335$3,8590.92%
44Direxion NASDAQ-100 Equal Wtd ETF25459Y20733,761$3,4300.81%
45Paychex IncPAYX24,710$3,1320.74%
46Paypal Holdings IncoPYPL46,559$3,1220.74%
47Avantis Emerging Markets Equity ETF02507260437,259$2,7990.66%
48Invesco Russell 1000 Dynamic Mltfct ETFIVZ46,060$2,7760.66%
49Sector Spdr Engy Select81369Y50619,327$1,7270.41%
50Schwab International Equity ET80852480562,913$1,4650.35%
51Industrial Select Sector SPDR81369Y7048,180$1,2620.30%
52Enterprise Products Partners L29379210723,080$7220.17%
53Automatic Data Processing IncADP2,193$6440.15%
54Hartford Multifactor Dev Mkts (exUS) ETF51841610218,081$6420.15%
55Marsh & McLennan Companies5717481023,093$6230.15%
56Utilities Select Sector SPDR F81369Y8866,270$5470.13%
57PIMCO Enhanced Short Maturity Active ETF72201R8334,363$4390.10%
58Tesla IncTSLA886$3940.09%
59AbbVie IncABBV1,529$3540.08%
60Johnson & JohnsonJNJ1,770$3280.08%
61Ford Motor Co34537086025,876$3090.07%
62Starbucks CorpSBUX2,991$2530.06%
63Technology Select Sector SPDR81369Y803898$2530.06%
64Stryker CorpSYK660$2440.06%
65DTE Energy CoDTK1,679$2380.06%
66Visa IncV679$2320.06%
67Schwab US Broad Market ETF8085241028,821$2270.05%