Institutional Manager · CIK 0001318259
White Pine Investment CO
LIVONIA, MI · File #028-11317
Latest AUM
$424,397
Positions
69
Top-10 Concentration
40.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | Apple Inc | AAPL | -40,300 | -$10,960 | +$729 |
| ADD | Janus Henderson AAA CLO ETF | 47103U845 | +101,716 | +$5,145 | -$19 |
| REDUCE | iShares 1-3 Year Treasury Bond ETF | 464287457 | -55,514 | -$4,601 | -$5 |
| REDUCE | Invesco Russell 1000 Dynamic Mltfct ETF | IVZ | -41,414 | -$2,532 | +$40 |
| ADD | Avantis Emerging Markets Equity ETF | 025072604 | +24,413 | +$1,880 | +$71 |
| REDUCE | Alphabet Inc | GOOG | -5,019 | -$1,571 | +$6,235 |
| REDUCE | Berkshire Hathaway Inc | BRK-A | -1,732 | -$871 | -$6 |
| ADD | Sector Spdr Engy Select | 81369Y506 | +19,406 | +$868 | -$863 |
| ADD | Schwab Intermediate Treasury | 808524854 | +29,800 | +$747 | -$20 |
| REDUCE | JPMorgan Chase & Co | VYLD | -1,562 | -$503 | +$215 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202569 pos · $424,397
- 13F HOLDINGS REPORTQ/E Sep 202567 pos · $421,498
- 13F HOLDINGS REPORTQ/E Jun 202565 pos · $400,629
- 13F HOLDINGS REPORTQ/E Mar 202564 pos · $371,435
- 13F HOLDINGS REPORTQ/E Dec 202467 pos · $370,228
- 13F HOLDINGS REPORTQ/E Sep 202464 pos · $364.5M
- 13F HOLDINGS REPORTQ/E Jun 202463 pos · $340.3M
- 13F HOLDINGS REPORTQ/E Mar 202463 pos · $338.6M
- 13F HOLDINGS REPORTQ/E Dec 202359 pos · $284,485
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway Inc | BRK-A | 69,275 | $34,821 | 8.34% |
| 2 | Alphabet Inc | GOOG | 84,180 | $26,348 | 6.31% |
| 3 | Schwab Fundamental U.S. Large | 808524771 | 589,684 | $16,045 | 3.84% |
| 4 | Goldman Sachs ActiveBeta Inter | NVGLF | 373,145 | $16,023 | 3.84% |
| 5 | VanEck Vectors Investment Grade Floating Rate ETF | 92189F486 | 533,046 | $13,582 | 3.25% |
| 6 | VanEck Vectors Gold Miners ETF | 92189F106 | 156,287 | $13,405 | 3.21% |
| 7 | Microsoft Corp | MSFT | 26,161 | $12,652 | 3.03% |
| 8 | iShares Edge MSCI Min Vol USA | 46429B697 | 130,874 | $12,323 | 2.95% |
| 9 | Schwab Intermediate Treasury | 808524854 | 436,376 | $10,944 | 2.62% |
| 10 | Apple Inc | AAPL | 39,922 | $10,853 | 2.60% |
| 11 | Meta Platforms Inc Class A | META | 15,799 | $10,429 | 2.50% |
| 12 | iShares TIPS Bond ETF | 464287176 | 94,519 | $10,389 | 2.49% |
| 13 | Janus Henderson AAA CLO ETF | 47103U845 | 195,464 | $9,887 | 2.37% |
| 14 | Goldman Sachs Etf Tr Just Us Lrg Cp | NVGLF | 101,624 | $9,827 | 2.35% |
| 15 | Ishares S&P Midcap Growth | 464287606 | 100,983 | $9,783 | 2.34% |
| 16 | Schwab U.S. Large-Cap Value ET | 808524409 | 328,528 | $9,728 | 2.33% |
| 17 | JPMorgan Chase & Co | VYLD | 30,187 | $9,727 | 2.33% |
| 18 | Morgan Stanley | MS-PQ | 51,335 | $9,114 | 2.18% |
| 19 | WisdomTree US MidCap Dividend ETF | WT | 173,338 | $8,944 | 2.14% |
| 20 | Goldman Sachs Acss Invmt Grd Corp Bd ETF | NVGLF | 186,351 | $8,619 | 2.07% |