White Pine Investment CO
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), White Pine Investment CO reported 64 stock positions worth $364.5 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.6% of the portfolio, followed by Alphabet Class A (GOOGL, 4.4%) and Goldman Sachs Activebeta Int (GSIE, 4.0%). Compared with Q2 2024, it opened 3 new positions, sold out of 2, added to 27 and reduced 28. The biggest buy was a new position in iShares S&P Mid-Cap 400 Grow (IJK) and the biggest sale Xtrackers MSCI Eafe High Div (HDEF, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- LIVONIA, MI
- CIK
- 0001318259
- Portfolio Value
- $364.5M (Q3 2024)
- SEC Filing
- 0001318259-24-000004 ↗ filed Oct 29, 2024
Holdings Value
Holdings 64 stocks · $364.5M
| BRK.B Berkshire Hathaway Inc. Class B | 9.61% | 76,107 | $35.0M | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 4.43% | 97,454 | $16.2M | Reduce -0.7% |
| GSIE Goldman Sachs Activebeta Int | 3.95% | 398,458 | $14.4M | Reduce -2.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.83% | 194,435 | $14.0M | Add +1.0% |
| USMV iShares MSCI USA Min Vol Fac | 3.73% | 148,901 | $13.6M | Reduce -1.5% |
| MSFT Microsoft Corp. | 3.43% | 29,046 | $12.5M | Reduce -1.0% |
| SFM Sprouts Farmers Market Inc. | 3.01% | 99,319 | $11.0M | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 2.75% | 17,527 | $10.0M | Reduce -2.4% |
| AAPL Apple Inc. | 2.72% | 42,553 | $9.9M | Reduce -0.4% |
| HDEF Xtrackers MSCI Eafe High Div | 2.63% | 356,870 | $9.6M | Reduce -31.0% |
| SCHV Schwab US Large-Cap Value | 2.54% | 115,099 | $9.3M | Reduce -0.4% |
| SHY iShares 1-3 Year Treasury Bo | 2.48% | 108,574 | $9.0M | Add +2.2% |
| MPC Marathon Petroleum Corp. | 2.40% | 53,728 | $8.8M | Reduce -1.0% |
| JUST Goldman Sachs Just US LRG | 2.37% | 105,557 | $8.6M | Add +1.3% |
| TIP iShares Tips Bond ETF | 2.25% | 74,266 | $8.2M | Add +1.8% |
| IJR iShares Core S&P Small-Cap E | 2.22% | 69,035 | $8.1M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 2.18% | 37,683 | $7.9M | Add +1.0% |
| AMZN Amazon.com Inc. | 1.94% | 38,008 | $7.1M | Reduce -0.2% |
| DON Wisdomtree US Midcap Dividen | 1.88% | 133,772 | $6.8M | Add +32.5% |
| GIGB Goldman Sachs Inv GRD Corp. | 1.84% | 141,547 | $6.7M | Add +2.2% |
| MS Morgan Stanley | 1.83% | 63,955 | $6.7M | Reduce -2.0% |
| OMFL Invesco Russell 1000 DYN M/F | 1.82% | 124,927 | $6.6M | Add +0.9% |
| CVS CVS Health Corp. | 1.79% | 103,483 | $6.5M | Reduce -1.6% |
| GDX Vaneck Gold Miners ETF | 1.77% | 161,760 | $6.4M | Reduce -0.5% |
| CVX Chevron Corp. | 1.59% | 39,413 | $5.8M | Add +2.1% |
| CNI Canadian Natl Railway Co. | 1.57% | 48,755 | $5.7M | Add +2.3% |
| ILCG iShares Morningstar Growth E | 1.54% | 66,983 | $5.6M | Add +2.9% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.52% | 60,217 | $5.5M | New |
| QQQ Invesco QQQ Trust Series 1 | 1.50% | 11,238 | $5.5M | Add +3.5% |
| FLTR Vaneck Ig Floating Rate ETF | 1.50% | 214,272 | $5.5M | Add +1.4% |
| AVUV Avantis US Small Cap Value | 1.50% | 56,841 | $5.5M | Add +2.7% |
| FIW First Trust Water ETF | 1.43% | 47,672 | $5.2M | Reduce -0.3% |
| VZ Verizon Communications Inc. | 1.40% | 113,646 | $5.1M | Reduce -1.4% |
| EFG iShares MSCI Eafe Growth ETF | 1.40% | 47,284 | $5.1M | Add +11.9% |
| PYPL PayPal Holdings Inc. | 1.36% | 63,603 | $5.0M | Reduce -4.8% |
| IEF iShares 7-10 Year Treasury B | 1.22% | 45,327 | $4.4M | Add +2.3% |
| LH Labcorp Holdings Inc. | 1.17% | 19,078 | $4.3M | Add +1.6% |
| AMLP Alerian MLP ETF | 1.15% | 89,294 | $4.2M | Add +0.6% |
| SBUX Starbucks Corp. | 1.06% | 39,558 | $3.9M | Reduce -2.5% |
| DGRW Wisdomtree U.S. Quality Divi | 1.05% | 46,048 | $3.8M | Add +39.4% |
| SCHF Schwab Intl Equity ETF | 0.97% | 85,652 | $3.5M | Reduce -52.1% |
| HON Honeywell International Inc. | 0.94% | 16,564 | $3.4M | Add +19.1% |
| PAYX Paychex Inc. | 0.90% | 24,326 | $3.3M | Add +26.4% |
| BAB Invesco Taxable Municipal Bo | 0.79% | 105,011 | $2.9M | Add +7.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.74% | 27,957 | $2.7M | Reduce -8.7% |
| TLT iShares 20+ Year Treasury BD | 0.71% | 26,463 | $2.6M | Add +4.8% |
| SCHM Schwab US Mid Cap ETF | 0.63% | 27,813 | $2.3M | New |
| COWZ Pacer US Cash Cows 100 ETF | 0.60% | 37,981 | $2.2M | Add +29.0% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.42% | 16,888 | $1.5M | Add +3.5% |
| ADP Automatic Data Processing | 0.24% | 3,121 | $864K | Reduce -2.8% |
| MRSH Marsh & McLennan Cos | 0.23% | 3,806 | $849K | Reduce -2.4% |
| EPD Enterprise Products Partners | 0.21% | 25,780 | $750K | No change |
| XLE SS Energy Select Sector | 0.20% | 8,269 | $726K | New |
| GUNR NT Mstar GLBL NR ETF | 0.20% | 17,435 | $719K | Reduce -51.6% |
| RODM Hartford Multifact Dev MRKT | 0.15% | 18,081 | $551K | No change |
| MINT PIMCO Enhanced Short Maturit | 0.11% | 4,007 | $403K | Add +3.5% |
| F Ford Motor Co. filed as FORD MTR CO | 0.09% | 31,776 | $336K | Reduce -1.6% |
| JNJ Johnson & Johnson | 0.08% | 1,890 | $306K | Reduce -59.4% |
| ABBV Abbvie Inc. | 0.08% | 1,522 | $301K | No change |
| TSLA Tesla Inc. | 0.08% | 1,076 | $282K | Reduce -16.0% |
| SCHB Schwab US Broad Market ETF | 0.07% | 4,063 | $270K | No change |
| SYK Stryker Corp. | 0.07% | 690 | $249K | No change |
| XYZ Block Inc. | 0.07% | 3,560 | $239K | Reduce -6.6% |
| XLK SS Technology Select Sector | 0.06% | 983 | $222K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| HDEF Xtrackers MSCI Eafe High Div | Reduce -31.0% | 2.63% | −1.07 |
| SCHF Schwab Intl Equity ETF | Reduce -52.1% | 0.97% | −1.05 |
| GOOGL Alphabet Inc. Class A | Reduce -0.7% | 4.43% | −0.82 |
| MSFT Microsoft Corp. | Reduce -1.0% | 3.43% | −0.42 |
| MPC Marathon Petroleum Corp. | Reduce -1.0% | 2.40% | −0.36 |
| GUNR NT Mstar GLBL NR ETF | Reduce -51.6% | 0.20% | −0.23 |
| AMZN Amazon.com Inc. | Reduce -0.2% | 1.94% | −0.22 |
| DIS The Walt Disney Co. | Reduce -8.7% | 0.74% | −0.16 |
| JNJ Johnson & Johnson | Reduce -59.4% | 0.08% | −0.12 |
| GSIE Goldman Sachs Activebeta Int | Reduce -2.8% | 3.95% | −0.10 |
| AIVL Wisdomtree US AI Enhanced Va | Sold out | 0.00% | −0.08 |
| BWA Borgwarner Inc. | Sold out | 0.00% | −0.08 |
| CVS CVS Health Corp. | Reduce -1.6% | 1.79% | −0.04 |
| MS Morgan Stanley | Reduce -2.0% | 1.83% | −0.04 |
| F Ford Motor Co. | Reduce -1.6% | 0.09% | −0.03 |
| MRSH Marsh & McLennan Cos | Reduce -2.4% | 0.23% | −0.01 |
| XYZ Block Inc. | Reduce -6.6% | 0.07% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.5% | 3.73% | +0.00 |
| TSLA Tesla Inc. | Reduce -16.0% | 0.08% | +0.00 |
| VZ Verizon Communications Inc. | Reduce -1.4% | 1.40% | +0.00 |
| ADP Automatic Data Processing | Reduce -2.8% | 0.24% | +0.01 |
| SCHV Schwab US Large-Cap Value | Reduce -0.4% | 2.54% | +0.02 |
| FIW First Trust Water ETF | Reduce -0.3% | 1.43% | +0.02 |
| AAPL Apple Inc. | Reduce -0.4% | 2.72% | +0.08 |
| META Meta Platforms Inc. Class A | Reduce -2.4% | 2.75% | +0.09 |
| SBUX Starbucks Corp. | Reduce -2.5% | 1.06% | +0.13 |
| GDX Vaneck Gold Miners ETF | Reduce -0.5% | 1.77% | +0.15 |
| PYPL PayPal Holdings Inc. | Reduce -4.8% | 1.36% | +0.22 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.2% | 9.61% | +0.40 |
| SFM Sprouts Farmers Market Inc. | Reduce -1.4% | 3.01% | +0.53 |
Portfolio Buys Q2 2024 → Q3 2024
| IJK iShares S&P Mid-Cap 400 Grow | New | 1.52% | +1.52 |
| SCHM Schwab US Mid Cap ETF | New | 0.63% | +0.63 |
| DON Wisdomtree US Midcap Dividen | Add +32.5% | 1.88% | +0.49 |
| DGRW Wisdomtree U.S. Quality Divi | Add +39.4% | 1.05% | +0.29 |
| PAYX Paychex Inc. | Add +26.4% | 0.90% | +0.23 |
| XLE SS Energy Select Sector | New | 0.20% | +0.20 |
| COWZ Pacer US Cash Cows 100 ETF | Add +29.0% | 0.60% | +0.13 |
| EFG iShares MSCI Eafe Growth ETF | Add +11.9% | 1.40% | +0.13 |
| HON Honeywell International Inc. | Add +19.1% | 0.94% | +0.07 |
| IJR iShares Core S&P Small-Cap E | Add +0.0% | 2.22% | +0.05 |
| LH Labcorp Holdings Inc. | Add +1.6% | 1.17% | +0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.0% | 3.83% | +0.04 |
| AVUV Avantis US Small Cap Value | Add +2.7% | 1.50% | +0.04 |
| BAB Invesco Taxable Municipal Bo | Add +7.4% | 0.79% | +0.04 |
| TLT iShares 20+ Year Treasury BD | Add +4.8% | 0.71% | +0.03 |
| IEF iShares 7-10 Year Treasury B | Add +2.3% | 1.22% | +0.00 |
| GIGB Goldman Sachs Inv GRD Corp. | Add +2.2% | 1.84% | −0.00 |
| MINT PIMCO Enhanced Short Maturit | Add +3.5% | 0.11% | −0.00 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +3.5% | 0.42% | −0.01 |
| ILCG iShares Morningstar Growth E | Add +2.9% | 1.54% | −0.01 |
| JUST Goldman Sachs Just US LRG | Add +1.3% | 2.37% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.5% | 1.50% | −0.02 |
| JPM JPMorgan Chase & Co. | Add +1.0% | 2.18% | −0.04 |
| TIP iShares Tips Bond ETF | Add +1.8% | 2.25% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Add +2.2% | 2.48% | −0.07 |
| CNI Canadian Natl Railway Co. | Add +2.3% | 1.57% | −0.09 |
| FLTR Vaneck Ig Floating Rate ETF | Add +1.4% | 1.50% | −0.09 |
| OMFL Invesco Russell 1000 DYN M/F | Add +0.9% | 1.82% | −0.09 |
| AMLP Alerian MLP ETF | Add +0.6% | 1.15% | −0.10 |
| CVX Chevron Corp. | Add +2.1% | 1.59% | −0.18 |
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 |