White Pine Investment CO
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 24, 2024), White Pine Investment CO reported 63 stock positions worth $340.3 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.2% of the portfolio, followed by Alphabet Class A (GOOGL, 5.3%) and Goldman Sachs Activebeta Int (GSIE, 4.1%). Compared with Q1 2024, it opened 5 new positions, sold out of 5, added to 30 and reduced 23. The biggest buy was a new position in iShares MSCI Eafe Growth ETF (EFG) and the biggest sale Automatic Data Processing (ADP, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- LIVONIA, MI
- CIK
- 0001318259
- Portfolio Value
- $340.3M (Q2 2024)
- SEC Filing
- 0001318259-24-000003 ↗ filed Jul 24, 2024
Holdings Value
Holdings 63 stocks · $340.3M
| BRK.B Berkshire Hathaway Inc. Class B | 9.21% | 77,037 | $31.3M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 5.25% | 98,105 | $17.9M | Reduce -2.1% |
| GSIE Goldman Sachs Activebeta Int | 4.05% | 409,845 | $13.8M | Add +2.8% |
| MSFT Microsoft Corp. | 3.85% | 29,327 | $13.1M | Reduce -1.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.79% | 192,589 | $12.9M | Add +2.4% |
| USMV iShares MSCI USA Min Vol Fac | 3.73% | 151,120 | $12.7M | Reduce -1.2% |
| HDEF Xtrackers MSCI Eafe High Div | 3.70% | 516,905 | $12.6M | Add +2.0% |
| MPC Marathon Petroleum Corp. | 2.77% | 54,269 | $9.4M | Reduce -2.9% |
| META Meta Platforms Inc. Class A | 2.66% | 17,959 | $9.1M | Reduce -6.8% |
| AAPL Apple Inc. | 2.64% | 42,729 | $9.0M | Reduce -0.8% |
| SHY iShares 1-3 Year Treasury Bo | 2.55% | 106,257 | $8.7M | Add +4.1% |
| SCHV Schwab US Large-Cap Value | 2.52% | 115,574 | $8.6M | Add +1.9% |
| SFM Sprouts Farmers Market Inc. | 2.48% | 100,751 | $8.4M | Reduce -3.1% |
| JUST Goldman Sachs Just US LRG | 2.39% | 104,172 | $8.1M | Add +2.7% |
| TIP iShares Tips Bond ETF | 2.29% | 72,982 | $7.8M | Add +6.9% |
| JPM JPMorgan Chase & Co. | 2.22% | 37,326 | $7.5M | Add +1.8% |
| AMZN Amazon.com Inc. | 2.16% | 38,084 | $7.4M | Reduce -0.8% |
| IJR iShares Core S&P Small-Cap E | 2.16% | 69,008 | $7.4M | Add +1.9% |
| SCHF Schwab Intl Equity ETF | 2.02% | 178,853 | $6.9M | Add +1.1% |
| OMFL Invesco Russell 1000 DYN M/F | 1.91% | 123,786 | $6.5M | Add +14.5% |
| MS Morgan Stanley | 1.86% | 65,287 | $6.3M | Reduce -15.0% |
| GIGB Goldman Sachs Inv GRD Corp. | 1.84% | 138,458 | $6.3M | Add +7.3% |
| CVS CVS Health Corp. | 1.83% | 105,209 | $6.2M | Add +2.6% |
| CVX Chevron Corp. | 1.77% | 38,613 | $6.0M | Add +14.4% |
| CNI Canadian Natl Railway Co. | 1.65% | 47,643 | $5.6M | Add +0.3% |
| GDX Vaneck Gold Miners ETF | 1.62% | 162,541 | $5.5M | Reduce -1.0% |
| FLTR Vaneck Ig Floating Rate ETF | 1.58% | 211,381 | $5.4M | Add +5.2% |
| ILCG iShares Morningstar Growth E | 1.56% | 65,070 | $5.3M | Add +0.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.53% | 10,862 | $5.2M | Add +0.8% |
| AVUV Avantis US Small Cap Value | 1.46% | 55,357 | $5.0M | Add +9.5% |
| FIW First Trust Water ETF | 1.41% | 47,835 | $4.8M | Add +0.6% |
| VZ Verizon Communications Inc. | 1.40% | 115,220 | $4.8M | Add +0.2% |
| DON Wisdomtree US Midcap Dividen | 1.39% | 100,996 | $4.7M | Reduce -2.3% |
| EFG iShares MSCI Eafe Growth ETF | 1.27% | 42,240 | $4.3M | New |
| AMLP Alerian MLP ETF | 1.25% | 88,805 | $4.3M | Add +3.1% |
| IEF iShares 7-10 Year Treasury B | 1.22% | 44,310 | $4.2M | Add +3.3% |
| PYPL PayPal Holdings Inc. | 1.14% | 66,802 | $3.9M | Reduce -2.1% |
| LH Labcorp Holdings Inc. | 1.12% | 18,769 | $3.8M | Add +3.5% |
| SBUX Starbucks Corp. | 0.93% | 40,561 | $3.2M | Reduce -2.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.89% | 30,621 | $3.0M | Add +4.0% |
| HON Honeywell International Inc. | 0.87% | 13,914 | $3.0M | New |
| BAB Invesco Taxable Municipal Bo | 0.76% | 97,783 | $2.6M | Add +1.4% |
| DGRW Wisdomtree U.S. Quality Divi | 0.76% | 33,038 | $2.6M | Add +8.3% |
| TLT iShares 20+ Year Treasury BD | 0.68% | 25,257 | $2.3M | Add +0.3% |
| PAYX Paychex Inc. | 0.67% | 19,245 | $2.3M | New |
| COWZ Pacer US Cash Cows 100 ETF | 0.47% | 29,439 | $1.6M | New |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.43% | 16,310 | $1.4M | Add +0.8% |
| GUNR NT Mstar GLBL NR ETF | 0.42% | 36,030 | $1.4M | Add +3.5% |
| MRSH Marsh & McLennan Cos | 0.24% | 3,900 | $822K | New |
| ADP Automatic Data Processing | 0.23% | 3,211 | $766K | Reduce -83.7% |
| EPD Enterprise Products Partners | 0.22% | 25,780 | $747K | No change |
| JNJ Johnson & Johnson | 0.20% | 4,653 | $680K | Reduce -77.1% |
| RODM Hartford Multifact Dev MRKT | 0.15% | 18,081 | $499K | No change |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.12% | 32,283 | $405K | Reduce -2.1% |
| MINT PIMCO Enhanced Short Maturit | 0.11% | 3,872 | $390K | Reduce -1.4% |
| AIVL Wisdomtree US AI Enhanced Va | 0.08% | 2,864 | $286K | Reduce -85.8% |
| BWA Borgwarner Inc. | 0.08% | 8,200 | $264K | Reduce -90.0% |
| ABBV Abbvie Inc. | 0.08% | 1,522 | $261K | Reduce -8.3% |
| SCHB Schwab US Broad Market ETF | 0.07% | 4,063 | $255K | Reduce -11.3% |
| TSLA Tesla Inc. | 0.07% | 1,281 | $253K | No change |
| XYZ Block Inc. | 0.07% | 3,810 | $246K | Reduce -3.2% |
| SYK Stryker Corp. | 0.07% | 690 | $235K | No change |
| XLK SS Technology Select Sector | 0.07% | 983 | $222K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| ADP Automatic Data Processing | Reduce -83.7% | 0.23% | −1.23 |
| BWA Borgwarner Inc. | Reduce -90.0% | 0.08% | −0.76 |
| JNJ Johnson & Johnson | Reduce -77.1% | 0.20% | −0.75 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.1% | 9.21% | −0.56 |
| MPC Marathon Petroleum Corp. | Reduce -2.9% | 2.77% | −0.56 |
| AIVL Wisdomtree US AI Enhanced Va | Reduce -85.8% | 0.08% | −0.52 |
| MS Morgan Stanley | Reduce -15.0% | 1.86% | −0.27 |
| PYPL PayPal Holdings Inc. | Reduce -2.1% | 1.14% | −0.21 |
| SBUX Starbucks Corp. | Reduce -2.8% | 0.93% | −0.20 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.12 |
| VPL Vanguard Ftse Pacific ETF | Sold out | 0.00% | −0.11 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.11 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -6.8% | 2.66% | −0.10 |
| DON Wisdomtree US Midcap Dividen | Reduce -2.3% | 1.39% | −0.10 |
| MDY State Street SPDR S&P Midcap | Sold out | 0.00% | −0.07 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.2% | 3.73% | −0.05 |
| XYZ Block Inc. | Reduce -3.2% | 0.07% | −0.03 |
| ABBV Abbvie Inc. | Reduce -8.3% | 0.08% | −0.01 |
| F Ford Motor Co. | Reduce -2.1% | 0.12% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -11.3% | 0.07% | −0.01 |
| MINT PIMCO Enhanced Short Maturit | Reduce -1.4% | 0.11% | −0.00 |
| GDX Vaneck Gold Miners ETF | Reduce -1.0% | 1.62% | +0.09 |
| AMZN Amazon.com Inc. | Reduce -0.8% | 2.16% | +0.12 |
| MSFT Microsoft Corp. | Reduce -1.4% | 3.85% | +0.15 |
| AAPL Apple Inc. | Reduce -0.8% | 2.64% | +0.46 |
| SFM Sprouts Farmers Market Inc. | Reduce -3.1% | 2.48% | +0.50 |
| GOOGL Alphabet Inc. Class A | Reduce -2.1% | 5.25% | +0.78 |
Portfolio Buys Q1 2024 → Q2 2024
| EFG iShares MSCI Eafe Growth ETF | New | 1.27% | +1.27 |
| HON Honeywell International Inc. | New | 0.87% | +0.87 |
| PAYX Paychex Inc. | New | 0.67% | +0.67 |
| COWZ Pacer US Cash Cows 100 ETF | New | 0.47% | +0.47 |
| MRSH Marsh & McLennan Cos | New | 0.24% | +0.24 |
| CVX Chevron Corp. | Add +14.4% | 1.77% | +0.20 |
| OMFL Invesco Russell 1000 DYN M/F | Add +14.5% | 1.91% | +0.15 |
| JUST Goldman Sachs Just US LRG | Add +2.7% | 2.39% | +0.14 |
| TIP iShares Tips Bond ETF | Add +6.9% | 2.29% | +0.12 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.8% | 1.53% | +0.12 |
| ILCG iShares Morningstar Growth E | Add +0.7% | 1.56% | +0.12 |
| GIGB Goldman Sachs Inv GRD Corp. | Add +7.3% | 1.84% | +0.10 |
| SHY iShares 1-3 Year Treasury Bo | Add +4.1% | 2.55% | +0.08 |
| DGRW Wisdomtree U.S. Quality Divi | Add +8.3% | 0.76% | +0.07 |
| FLTR Vaneck Ig Floating Rate ETF | Add +5.2% | 1.58% | +0.07 |
| AVUV Avantis US Small Cap Value | Add +9.5% | 1.46% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +1.8% | 2.22% | +0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +2.4% | 3.79% | +0.05 |
| AMLP Alerian MLP ETF | Add +3.1% | 1.25% | +0.05 |
| IEF iShares 7-10 Year Treasury B | Add +3.3% | 1.22% | +0.02 |
| GSIE Goldman Sachs Activebeta Int | Add +2.8% | 4.05% | +0.01 |
| HDEF Xtrackers MSCI Eafe High Div | Add +2.0% | 3.70% | +0.01 |
| GUNR NT Mstar GLBL NR ETF | Add +3.5% | 0.42% | +0.00 |
| BAB Invesco Taxable Municipal Bo | Add +1.4% | 0.76% | +0.00 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +0.8% | 0.43% | −0.00 |
| SCHF Schwab Intl Equity ETF | Add +1.1% | 2.02% | −0.02 |
| TLT iShares 20+ Year Treasury BD | Add +0.3% | 0.68% | −0.02 |
| SCHV Schwab US Large-Cap Value | Add +1.9% | 2.52% | −0.03 |
| VZ Verizon Communications Inc. | Add +0.2% | 1.40% | −0.03 |
| FIW First Trust Water ETF | Add +0.6% | 1.41% | −0.03 |
| LH Labcorp Holdings Inc. | Add +3.5% | 1.12% | −0.05 |
| IJR iShares Core S&P Small-Cap E | Add +1.9% | 2.16% | −0.05 |
| DIS The Walt Disney Co. | Add +4.0% | 0.89% | −0.17 |
| CNI Canadian Natl Railway Co. | Add +0.3% | 1.65% | −0.19 |
| CVS CVS Health Corp. | Add +2.6% | 1.83% | −0.59 |
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 |