White Pine Investment CO
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 26, 2024), White Pine Investment CO reported 63 stock positions worth $338.6 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.8% of the portfolio, followed by Alphabet Class A (GOOGL, 4.5%) and Goldman Sachs Activebeta Int (GSIE, 4.0%). Compared with Q4 2023, it opened 3 new positions, added to 27 and reduced 28. The biggest buy was a new position in Avantis US Small Cap Value (AVUV) and the biggest sale Apple (AAPL, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- LIVONIA, MI
- CIK
- 0001318259
- Portfolio Value
- $338.6M (Q1 2024)
- SEC Filing
- 0001318259-24-000002 ↗ filed Apr 26, 2024
Holdings Value
Holdings 63 stocks · $338.6M
| BRK.B Berkshire Hathaway Inc. Class B | 9.77% | 78,685 | $33.1M | Reduce -2.3% |
| GOOGL Alphabet Inc. Class A | 4.47% | 100,231 | $15.1M | Reduce -2.4% |
| GSIE Goldman Sachs Activebeta Int | 4.04% | 398,755 | $13.7M | Add +0.2% |
| USMV iShares MSCI USA Min Vol Fac | 3.78% | 152,979 | $12.8M | Add +0.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.74% | 188,099 | $12.7M | Add +1.6% |
| MSFT Microsoft Corp. | 3.70% | 29,757 | $12.5M | Reduce -2.4% |
| HDEF Xtrackers MSCI Eafe High Div | 3.69% | 506,880 | $12.5M | Add +1.4% |
| MPC Marathon Petroleum Corp. | 3.33% | 55,879 | $11.3M | Reduce -2.8% |
| META Meta Platforms Inc. Class A | 2.76% | 19,263 | $9.4M | Reduce -4.6% |
| SCHV Schwab US Large-Cap Value | 2.54% | 113,387 | $8.6M | Add +2.9% |
| SHY iShares 1-3 Year Treasury Bo | 2.47% | 102,067 | $8.3M | Add +5.2% |
| CVS CVS Health Corp. | 2.41% | 102,505 | $8.2M | Add +0.2% |
| JUST Goldman Sachs Just US LRG | 2.25% | 101,420 | $7.6M | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 2.21% | 67,730 | $7.5M | Add +1.4% |
| AAPL Apple Inc. | 2.18% | 43,061 | $7.4M | Reduce -5.6% |
| JPM JPMorgan Chase & Co. | 2.17% | 36,681 | $7.3M | Reduce -2.8% |
| TIP iShares Tips Bond ETF | 2.17% | 68,252 | $7.3M | Add +2.3% |
| MS Morgan Stanley | 2.14% | 76,794 | $7.2M | Reduce -5.0% |
| AMZN Amazon.com Inc. | 2.05% | 38,402 | $6.9M | Reduce -1.0% |
| SCHF Schwab Intl Equity ETF | 2.04% | 176,899 | $6.9M | Add +0.7% |
| SFM Sprouts Farmers Market Inc. | 1.98% | 103,967 | $6.7M | Reduce -1.9% |
| CNI Canadian Natl Railway Co. | 1.85% | 47,523 | $6.3M | Reduce -0.1% |
| OMFL Invesco Russell 1000 DYN M/F | 1.76% | 108,109 | $6.0M | Add +54.6% |
| GIGB Goldman Sachs Inv GRD Corp. | 1.75% | 129,052 | $5.9M | Add +5.9% |
| CVX Chevron Corp. | 1.57% | 33,744 | $5.3M | Add +0.3% |
| GDX Vaneck Gold Miners ETF | 1.53% | 164,183 | $5.2M | Reduce -24.6% |
| FLTR Vaneck Ig Floating Rate ETF | 1.51% | 200,993 | $5.1M | Add +4.2% |
| DON Wisdomtree US Midcap Dividen | 1.49% | 103,341 | $5.0M | Reduce -13.0% |
| ADP Automatic Data Processing | 1.45% | 19,669 | $4.9M | Reduce -3.3% |
| ILCG iShares Morningstar Growth E | 1.44% | 64,610 | $4.9M | Add +0.7% |
| FIW First Trust Water ETF | 1.43% | 47,559 | $4.9M | Add +1.8% |
| VZ Verizon Communications Inc. | 1.42% | 114,974 | $4.8M | Reduce -3.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.41% | 10,774 | $4.8M | Add +4.1% |
| AVUV Avantis US Small Cap Value | 1.40% | 50,570 | $4.7M | New |
| PYPL PayPal Holdings Inc. | 1.35% | 68,253 | $4.6M | Reduce -0.5% |
| AMLP Alerian MLP ETF | 1.21% | 86,092 | $4.1M | Add +1.2% |
| IEF iShares 7-10 Year Treasury B | 1.20% | 42,889 | $4.1M | Add +5.5% |
| LH Laboratory CRP of Amer Hldgs | 1.17% | 18,134 | $4.0M | Reduce -1.9% |
| SBUX Starbucks Corp. | 1.13% | 41,706 | $3.8M | Reduce -0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.06% | 29,443 | $3.6M | Reduce -2.0% |
| JNJ Johnson & Johnson | 0.95% | 20,351 | $3.2M | Reduce -2.0% |
| BWA Borgwarner Inc. | 0.84% | 81,553 | $2.8M | Reduce -4.0% |
| BAB Invesco Taxable Municipal Bo | 0.76% | 96,448 | $2.6M | Add +7.6% |
| TLT iShares 20+ Year Treasury BD | 0.70% | 25,169 | $2.4M | Add +7.4% |
| DGRW Wisdomtree U.S. Quality Divi | 0.69% | 30,516 | $2.3M | Add +8.3% |
| AIVL Wisdomtree US AI Enhanced Va | 0.61% | 20,241 | $2.1M | Reduce -0.6% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.43% | 16,186 | $1.4M | Add +3.4% |
| GUNR NT Mstar GLBL NR ETF | 0.42% | 34,814 | $1.4M | Add +7.9% |
| EPD Enterprise Products Partners | 0.22% | 25,780 | $752K | Add +29.7% |
| RODM Hartford Multifact Dev MRKT | 0.15% | 18,081 | $506K | No change |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.13% | 32,983 | $438K | No change |
| PFE Pfizer Inc. | 0.12% | 14,644 | $406K | Reduce -48.7% |
| MINT PIMCO Enhanced Short Maturit | 0.12% | 3,927 | $395K | Reduce -20.8% |
| VPL Vanguard Ftse Pacific ETF | 0.11% | 5,085 | $387K | Reduce -5.6% |
| XOM Exxon Mobil Corp. | 0.11% | 3,100 | $360K | No change |
| SHOP Shopify Inc. Class A | 0.10% | 4,465 | $345K | No change |
| XYZ Block Inc. | 0.10% | 3,935 | $333K | Add +10.5% |
| ABBV Abbvie Inc. | 0.09% | 1,659 | $302K | Reduce -2.9% |
| SCHB Schwab US Broad Market ETF | 0.08% | 4,578 | $279K | Reduce -24.1% |
| SYK Stryker Corp. | 0.07% | 690 | $247K | No change |
| TSLA Tesla Inc. | 0.07% | 1,281 | $225K | New |
| MDY State Street SPDR S&P Midcap | 0.07% | 397 | $221K | Reduce -80.9% |
| XLK SS Technology Select Sector | 0.06% | 983 | $205K | New |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -5.6% | 2.18% | −0.65 |
| GDX Vaneck Gold Miners ETF | Reduce -24.6% | 1.53% | −0.65 |
| MS Morgan Stanley | Reduce -5.0% | 2.14% | −0.30 |
| MDY State Street SPDR S&P Midcap | Reduce -80.9% | 0.07% | −0.27 |
| DON Wisdomtree US Midcap Dividen | Reduce -13.0% | 1.49% | −0.26 |
| LH Laboratory CRP of Amer Hldgs | Reduce -1.9% | 1.17% | −0.19 |
| SBUX Starbucks Corp. | Reduce -0.2% | 1.13% | −0.17 |
| GOOGL Alphabet Inc. Class A | Reduce -2.4% | 4.47% | −0.16 |
| BWA Borgwarner Inc. | Reduce -4.0% | 0.84% | −0.15 |
| PFE Pfizer Inc. | Reduce -48.7% | 0.12% | −0.15 |
| JNJ Johnson & Johnson | Reduce -2.0% | 0.95% | −0.10 |
| CNI Canadian Natl Railway Co. | Reduce -0.1% | 1.85% | −0.08 |
| ADP Automatic Data Processing | Reduce -3.3% | 1.45% | −0.08 |
| MINT PIMCO Enhanced Short Maturit | Reduce -20.8% | 0.12% | −0.04 |
| SCHB Schwab US Broad Market ETF | Reduce -24.1% | 0.08% | −0.03 |
| AIVL Wisdomtree US AI Enhanced Va | Reduce -0.6% | 0.61% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -3.0% | 1.42% | −0.02 |
| VPL Vanguard Ftse Pacific ETF | Reduce -5.6% | 0.11% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -0.5% | 1.35% | −0.01 |
| MSFT Microsoft Corp. | Reduce -2.4% | 3.70% | −0.00 |
| ABBV Abbvie Inc. | Reduce -2.9% | 0.09% | +0.00 |
| JPM JPMorgan Chase & Co. | Reduce -2.8% | 2.17% | +0.10 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 2.05% | +0.14 |
| DIS The Walt Disney Co. | Reduce -2.0% | 1.06% | +0.19 |
| SFM Sprouts Farmers Market Inc. | Reduce -1.9% | 1.98% | +0.33 |
| META Meta Platforms Inc. Class A | Reduce -4.6% | 2.76% | +0.46 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.3% | 9.77% | +0.50 |
| MPC Marathon Petroleum Corp. | Reduce -2.8% | 3.33% | +0.57 |
Portfolio Buys Q4 2023 → Q1 2024
| AVUV Avantis US Small Cap Value | New | 1.40% | +1.40 |
| OMFL Invesco Russell 1000 DYN M/F | Add +54.6% | 1.76% | +0.60 |
| TSLA Tesla Inc. | New | 0.07% | +0.07 |
| XLK SS Technology Select Sector | New | 0.06% | +0.06 |
| EPD Enterprise Products Partners | Add +29.7% | 0.22% | +0.05 |
| SCHV Schwab US Large-Cap Value | Add +2.9% | 2.54% | +0.05 |
| DGRW Wisdomtree U.S. Quality Divi | Add +8.3% | 0.69% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.1% | 1.41% | +0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.6% | 3.74% | +0.04 |
| AMLP Alerian MLP ETF | Add +1.2% | 1.21% | +0.04 |
| ILCG iShares Morningstar Growth E | Add +0.7% | 1.44% | +0.04 |
| JUST Goldman Sachs Just US LRG | Add +0.4% | 2.25% | +0.03 |
| XYZ Block Inc. | Add +10.5% | 0.10% | +0.01 |
| FIW First Trust Water ETF | Add +1.8% | 1.43% | +0.00 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +3.4% | 0.43% | −0.00 |
| GUNR NT Mstar GLBL NR ETF | Add +7.9% | 0.42% | −0.00 |
| BAB Invesco Taxable Municipal Bo | Add +7.6% | 0.76% | −0.02 |
| TLT iShares 20+ Year Treasury BD | Add +7.4% | 0.70% | −0.04 |
| CVX Chevron Corp. | Add +0.3% | 1.57% | −0.05 |
| FLTR Vaneck Ig Floating Rate ETF | Add +4.2% | 1.51% | −0.05 |
| SCHF Schwab Intl Equity ETF | Add +0.7% | 2.04% | −0.06 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.4% | 3.78% | −0.06 |
| IEF iShares 7-10 Year Treasury B | Add +5.5% | 1.20% | −0.07 |
| GIGB Goldman Sachs Inv GRD Corp. | Add +5.9% | 1.75% | −0.08 |
| SHY iShares 1-3 Year Treasury Bo | Add +5.2% | 2.47% | −0.10 |
| IJR iShares Core S&P Small-Cap E | Add +1.4% | 2.21% | −0.12 |
| TIP iShares Tips Bond ETF | Add +2.3% | 2.17% | −0.15 |
| GSIE Goldman Sachs Activebeta Int | Add +0.2% | 4.04% | −0.16 |
| CVS CVS Health Corp. | Add +0.2% | 2.41% | −0.19 |
| HDEF Xtrackers MSCI Eafe High Div | Add +1.4% | 3.69% | −0.29 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 72 | $469.2M | BRK.B, GOOGL, FNDX, GSIE, FLTR |
| Q1 2026 | 67 | $430.4M | BRK.B, GOOGL, FNDX, GSIE, GDX |
| Q4 2025 | 68 | $424.4M | BRK.B, GOOGL, FNDX, GSIE, FLTR |
| Q3 2025 | 67 | $421.5M | BRK.B, GOOGL, FNDX, GSIE, MSFT |
| Q2 2025 | 65 | $400.6M | BRK.B, GOOGL, GSIE, FNDX, MSFT |
| Q1 2025 | 64 | $371.4M | BRK.B, GOOGL, FNDX, GSIE, USMV |
| Q4 2024 | 66 | $370.2M | BRK.B, GOOGL, FNDX, GSIE, USMV |
| Q3 2024 | 64 | $364.5M | BRK.B, GOOGL, GSIE, FNDX, USMV |
| Q2 2024 | 63 | $340.3M | BRK.B, GOOGL, GSIE, MSFT, FNDX |
| Q1 2024 | 63 | $338.6M | BRK.B, GOOGL, GSIE, USMV, FNDX |