White Pine Investment CO
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 17, 2025), White Pine Investment CO reported 66 stock positions worth $370.2 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.2% of the portfolio, followed by Alphabet Class A (GOOGL, 4.9%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 3.8%). Compared with Q3 2024, it opened 5 new positions, sold out of 3, added to 31 and reduced 24. The biggest buy was Vaneck Ig Floating Rate ETF (FLTR, shares +62%) and the biggest sale an exit from CVS Health (CVS).
- Most Recent 13F
- Q2 2026
- Location
- LIVONIA, MI
- CIK
- 0001318259
- Portfolio Value
- $370.2M (Q4 2024)
- SEC Filing
- 0001318259-25-000001 ↗ filed Jan 17, 2025
Holdings Value
Holdings 66 stocks · $370.2M
| BRK.B Berkshire Hathaway Inc. Class B | 9.18% | 74,987 | $34.0M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 4.93% | 96,515 | $18.3M | Reduce -1.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.80% | 594,292 | $14.1M | Add +1.9% |
| GSIE Goldman Sachs Activebeta Int | 3.54% | 393,379 | $13.1M | Reduce -1.3% |
| USMV iShares MSCI USA Min Vol Fac | 3.41% | 142,354 | $12.6M | Reduce -4.4% |
| MSFT Microsoft Corp. | 3.29% | 28,901 | $12.2M | Reduce -0.5% |
| SFM Sprouts Farmers Market Inc. | 3.13% | 91,173 | $11.6M | Reduce -8.2% |
| AAPL Apple Inc. | 2.98% | 44,039 | $11.0M | Add +3.5% |
| META Meta Platforms Inc. Class A | 2.73% | 17,253 | $10.1M | Reduce -1.6% |
| SHY iShares 1-3 Year Treasury Bo | 2.66% | 119,969 | $9.8M | Add +10.5% |
| JUST Goldman Sachs Just US LRG | 2.44% | 108,802 | $9.0M | Add +3.1% |
| SCHV Schwab US Large-Cap Value | 2.42% | 343,050 | $8.9M | Reduce -0.7% |
| FLTR Vaneck Ig Floating Rate ETF | 2.38% | 346,952 | $8.8M | Add +61.9% |
| JPM JPMorgan Chase & Co. | 2.35% | 36,316 | $8.7M | Reduce -3.6% |
| IJK iShares S&P Mid-Cap 400 Grow | 2.35% | 95,697 | $8.7M | Add +58.9% |
| AMZN Amazon.com Inc. | 2.30% | 38,738 | $8.5M | Add +1.9% |
| TIP iShares Tips Bond ETF | 2.25% | 78,306 | $8.3M | Add +5.4% |
| DON Wisdomtree US Midcap Dividen | 2.25% | 163,398 | $8.3M | Add +22.1% |
| MS Morgan Stanley | 2.08% | 61,270 | $7.7M | Reduce -4.2% |
| IJR iShares Core S&P Small-Cap E | 2.04% | 65,413 | $7.5M | Reduce -5.3% |
| MPC Marathon Petroleum Corp. | 2.04% | 54,008 | $7.5M | Add +0.5% |
| GIGB Goldman Sachs Inv GRD Corp. | 2.03% | 166,645 | $7.5M | Add +17.7% |
| OMFL Invesco Russell 1000 DYN M/F | 1.77% | 120,770 | $6.5M | Reduce -3.3% |
| HDEF Xtrackers MSCI Eafe High Div | 1.76% | 268,504 | $6.5M | Reduce -24.8% |
| ILCG iShares Morningstar Growth E | 1.67% | 68,991 | $6.2M | Add +3.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.66% | 12,038 | $6.2M | Add +7.1% |
| CVX Chevron Corp. | 1.60% | 40,973 | $5.9M | Add +4.0% |
| AVUV Avantis US Small Cap Value | 1.55% | 59,512 | $5.7M | Add +4.7% |
| GDX Vaneck Gold Miners ETF | 1.47% | 160,955 | $5.5M | Reduce -0.5% |
| DGRW Wisdomtree U.S. Quality Divi | 1.47% | 67,404 | $5.5M | Add +46.4% |
| SCHM Schwab US Mid Cap ETF | 1.41% | 187,717 | $5.2M | Add +125.0% |
| CNI Canadian Natl Railway Co. | 1.37% | 49,830 | $5.1M | Add +2.2% |
| EFG iShares MSCI Eafe Growth ETF | 1.36% | 52,113 | $5.0M | Add +10.2% |
| FIW First Trust Water ETF | 1.34% | 48,518 | $5.0M | Add +1.8% |
| PYPL PayPal Holdings Inc. | 1.30% | 56,199 | $4.8M | Reduce -11.6% |
| IEF iShares 7-10 Year Treasury B | 1.28% | 51,402 | $4.8M | Add +13.4% |
| COWZ Pacer US Cash Cows 100 ETF | 1.24% | 81,539 | $4.6M | Add +114.7% |
| VZ Verizon Communications Inc. | 1.19% | 110,249 | $4.4M | Reduce -3.0% |
| LH Labcorp Holdings Inc. | 1.18% | 19,101 | $4.4M | Add +0.1% |
| AMLP Alerian MLP ETF | 1.18% | 90,495 | $4.4M | Add +1.3% |
| HON Honeywell International Inc. | 1.05% | 17,214 | $3.9M | Add +3.9% |
| PAYX Paychex Inc. | 0.95% | 25,087 | $3.5M | Add +3.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.80% | 26,495 | $3.0M | Reduce -5.2% |
| BAB Invesco Taxable Municipal Bo | 0.79% | 111,901 | $2.9M | Add +6.6% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.76% | 31,308 | $2.8M | Add +85.4% |
| SCHF Schwab Intl Equity ETF | 0.43% | 85,195 | $1.6M | Reduce -50.3% |
| XLE SS Energy Select Sector | 0.40% | 17,353 | $1.5M | Add +109.9% |
| SBUX Starbucks Corp. | 0.32% | 12,905 | $1.2M | Reduce -67.4% |
| ADP Automatic Data Processing | 0.23% | 2,944 | $862K | Reduce -5.7% |
| EPD Enterprise Products Partners | 0.22% | 25,780 | $808K | No change |
| MRSH Marsh & McLennan Cos | 0.21% | 3,741 | $795K | Reduce -1.7% |
| XLI SS Industrial Select Sector | 0.17% | 4,885 | $644K | New |
| SNPE Xtrckr S&P 500 Scor&scrn ETF | 0.17% | 11,909 | $634K | New |
| TSLA Tesla Inc. | 0.15% | 1,420 | $574K | Add +32.0% |
| RODM Hartford Multifact Dev MRKT | 0.14% | 18,081 | $514K | No change |
| MINT PIMCO Enhanced Short Maturit | 0.11% | 4,180 | $419K | Add +4.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.08% | 31,076 | $308K | Reduce -2.2% |
| XYZ Block Inc. | 0.08% | 3,560 | $303K | No change |
| VOO Vanguard S&P 500 ETF | 0.08% | 549 | $296K | New |
| JNJ Johnson & Johnson | 0.07% | 1,890 | $273K | No change |
| ABBV Abbvie Inc. | 0.07% | 1,522 | $270K | No change |
| SCHB Schwab US Broad Market ETF | 0.07% | 11,205 | $254K | Reduce -8.1% |
| SYK Stryker Corp. | 0.06% | 660 | $238K | Reduce -4.3% |
| XLK SS Technology Select Sector | 0.06% | 983 | $229K | No change |
| V Visa Inc. Class A | 0.06% | 675 | $213K | New |
| NVDA Nvidia Corp. | 0.05% | 1,505 | $202K | New |
Portfolio Sells Q3 2024 → Q4 2024
| CVS CVS Health Corp. | Sold out | 0.00% | −1.79 |
| HDEF Xtrackers MSCI Eafe High Div | Reduce -24.8% | 1.76% | −0.87 |
| SBUX Starbucks Corp. | Reduce -67.4% | 0.32% | −0.74 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.71 |
| SCHF Schwab Intl Equity ETF | Reduce -50.3% | 0.43% | −0.54 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.5% | 9.18% | −0.43 |
| GSIE Goldman Sachs Activebeta Int | Reduce -1.3% | 3.54% | −0.41 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -4.4% | 3.41% | −0.32 |
| GDX Vaneck Gold Miners ETF | Reduce -0.5% | 1.47% | −0.29 |
| VZ Verizon Communications Inc. | Reduce -3.0% | 1.19% | −0.21 |
| GUNR NT Mstar GLBL NR ETF | Sold out | 0.00% | −0.20 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.3% | 2.04% | −0.18 |
| MSFT Microsoft Corp. | Reduce -0.5% | 3.29% | −0.14 |
| SCHV Schwab US Large-Cap Value | Reduce -0.7% | 2.42% | −0.12 |
| PYPL PayPal Holdings Inc. | Reduce -11.6% | 1.30% | −0.07 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -3.3% | 1.77% | −0.05 |
| META Meta Platforms Inc. Class A | Reduce -1.6% | 2.73% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -1.7% | 0.21% | −0.02 |
| F Ford Motor Co. | Reduce -2.2% | 0.08% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -8.1% | 0.07% | −0.01 |
| ADP Automatic Data Processing | Reduce -5.7% | 0.23% | −0.00 |
| SYK Stryker Corp. | Reduce -4.3% | 0.06% | −0.00 |
| DIS The Walt Disney Co. | Reduce -5.2% | 0.80% | +0.06 |
| SFM Sprouts Farmers Market Inc. | Reduce -8.2% | 3.13% | +0.12 |
| JPM JPMorgan Chase & Co. | Reduce -3.6% | 2.35% | +0.17 |
| MS Morgan Stanley | Reduce -4.2% | 2.08% | +0.25 |
| GOOGL Alphabet Inc. Class A | Reduce -1.0% | 4.93% | +0.50 |
Portfolio Buys Q3 2024 → Q4 2024
| FLTR Vaneck Ig Floating Rate ETF | Add +61.9% | 2.38% | +0.89 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +58.9% | 2.35% | +0.83 |
| SCHM Schwab US Mid Cap ETF | Add +125.0% | 1.41% | +0.77 |
| COWZ Pacer US Cash Cows 100 ETF | Add +114.7% | 1.24% | +0.64 |
| DGRW Wisdomtree U.S. Quality Divi | Add +46.4% | 1.47% | +0.42 |
| DON Wisdomtree US Midcap Dividen | Add +22.1% | 2.25% | +0.37 |
| AMZN Amazon.com Inc. | Add +1.9% | 2.30% | +0.35 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +85.4% | 0.76% | +0.34 |
| AAPL Apple Inc. | Add +3.5% | 2.98% | +0.26 |
| XLE SS Energy Select Sector | Add +109.9% | 0.40% | +0.20 |
| GIGB Goldman Sachs Inv GRD Corp. | Add +17.7% | 2.03% | +0.19 |
| SHY iShares 1-3 Year Treasury Bo | Add +10.5% | 2.66% | +0.18 |
| XLI SS Industrial Select Sector | New | 0.17% | +0.17 |
| SNPE Xtrckr S&P 500 Scor&scrn ETF | New | 0.17% | +0.17 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.1% | 1.66% | +0.16 |
| ILCG iShares Morningstar Growth E | Add +3.0% | 1.67% | +0.13 |
| HON Honeywell International Inc. | Add +3.9% | 1.05% | +0.11 |
| VOO Vanguard S&P 500 ETF | New | 0.08% | +0.08 |
| TSLA Tesla Inc. | Add +32.0% | 0.15% | +0.08 |
| JUST Goldman Sachs Just US LRG | Add +3.1% | 2.44% | +0.07 |
| IEF iShares 7-10 Year Treasury B | Add +13.4% | 1.28% | +0.06 |
| V Visa Inc. Class A | New | 0.06% | +0.06 |
| AVUV Avantis US Small Cap Value | Add +4.7% | 1.55% | +0.06 |
| PAYX Paychex Inc. | Add +3.1% | 0.95% | +0.05 |
| NVDA Nvidia Corp. | New | 0.05% | +0.05 |
| AMLP Alerian MLP ETF | Add +1.3% | 1.18% | +0.02 |
| LH Labcorp Holdings Inc. | Add +0.1% | 1.18% | +0.01 |
| CVX Chevron Corp. | Add +4.0% | 1.60% | +0.01 |
| TIP iShares Tips Bond ETF | Add +5.4% | 2.25% | +0.00 |
| MINT PIMCO Enhanced Short Maturit | Add +4.3% | 0.11% | +0.00 |
| BAB Invesco Taxable Municipal Bo | Add +6.6% | 0.79% | −0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.9% | 3.80% | −0.03 |
| EFG iShares MSCI Eafe Growth ETF | Add +10.2% | 1.36% | −0.03 |
| FIW First Trust Water ETF | Add +1.8% | 1.34% | −0.09 |
| CNI Canadian Natl Railway Co. | Add +2.2% | 1.37% | −0.20 |
| MPC Marathon Petroleum Corp. | Add +0.5% | 2.04% | −0.37 |
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 |