White Pine Investment CO
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 20, 2026), White Pine Investment CO reported 67 stock positions worth $430.4 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 7.6% of the portfolio, followed by Alphabet Class A (GOOGL, 5.4%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 3.9%). Compared with Q4 2025, it opened 2 new positions, sold out of 3, added to 28 and reduced 34. The biggest buy was a new position in PIMCO Multisector Bond Actv (PYLD) and the biggest sale Alphabet Class A (GOOGL, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- LIVONIA, MI
- CIK
- 0001318259
- Portfolio Value
- $430.4M (Q1 2026)
- SEC Filing
- 0001318259-26-000002 ↗ filed Apr 20, 2026
Holdings Value
Holdings 67 stocks · $430.4M
| BRK.B Berkshire Hathaway Inc. Class B | 7.56% | 67,916 | $32.5M | Reduce -2.0% |
| GOOGL Alphabet Inc. Class A | 5.38% | 80,577 | $23.2M | Reduce -4.3% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.92% | 605,014 | $16.9M | Add +2.6% |
| GSIE Goldman Sachs Activebeta Int | 3.69% | 368,163 | $15.9M | Reduce -1.3% |
| GDX Vaneck Gold Miners ETF | 3.29% | 154,464 | $14.2M | Reduce -1.2% |
| FLTR Vaneck Ig Floating Rate ETF | 3.29% | 555,325 | $14.2M | Add +4.2% |
| USMV iShares MSCI USA Min Vol Fac | 2.80% | 129,715 | $12.0M | Reduce -0.9% |
| MPC Marathon Petroleum Corp. | 2.67% | 47,033 | $11.5M | Reduce -4.3% |
| SCHR Schwab Intermediate-Term US | 2.66% | 459,338 | $11.4M | Add +5.3% |
| JAAA Janus Henderson Aaa Clo ETF | 2.59% | 220,924 | $11.1M | Add +13.0% |
| TIP iShares Tips Bond ETF | 2.50% | 97,643 | $10.8M | Add +3.3% |
| IJK iShares S&P Mid-Cap 400 Grow | 2.37% | 101,275 | $10.2M | Add +0.3% |
| AAPL Apple Inc. | 2.35% | 39,905 | $10.1M | Reduce -4.3% |
| SCHV Schwab US Large-Cap Value | 2.31% | 325,967 | $9.9M | Reduce -0.8% |
| MSFT Microsoft Corp. | 2.22% | 25,856 | $9.6M | Reduce -1.2% |
| JUST Goldman Sachs Just US LRG | 2.18% | 101,562 | $9.4M | Reduce -0.1% |
| DON Wisdomtree US Midcap Dividen | 2.14% | 175,404 | $9.2M | Add +1.2% |
| META Meta Platforms Inc. Class A | 2.10% | 15,760 | $9.0M | Reduce -0.3% |
| GIGB Goldman Sachs Inv GRD Corp. | 1.98% | 185,975 | $8.5M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 1.98% | 28,914 | $8.5M | Reduce -4.2% |
| HDEF Xtrackers MSCI Eafe High Div | 1.85% | 246,317 | $8.0M | Reduce -2.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.79% | 13,355 | $7.7M | Add +6.1% |
| AMZN Amazon.com Inc. | 1.78% | 36,706 | $7.6M | Add +0.6% |
| IJR iShares Core S&P Small-Cap E | 1.76% | 60,787 | $7.6M | Reduce -1.6% |
| SCHM Schwab US Mid Cap ETF | 1.75% | 243,804 | $7.5M | Add +2.7% |
| IEF iShares 7-10 Year Treasury B | 1.74% | 78,323 | $7.5M | Add +10.7% |
| CVX Chevron Corp. | 1.73% | 35,967 | $7.4M | Reduce -7.5% |
| MS Morgan Stanley | 1.72% | 44,966 | $7.4M | Reduce -12.4% |
| AVUV Avantis US Small Cap Value | 1.67% | 65,171 | $7.2M | Add +2.3% |
| ILCG iShares Morningstar Growth E | 1.62% | 73,024 | $7.0M | Add +6.8% |
| AVLV Avantis US Large Cap Value | 1.58% | 84,423 | $6.8M | Add +2.3% |
| PYLD PIMCO Multisector Bond Actv | 1.57% | 257,690 | $6.8M | New |
| DGRW Wisdomtree U.S. Quality Divi | 1.51% | 74,032 | $6.5M | Add +3.0% |
| NEE Nextera Energy Inc. | 1.48% | 68,642 | $6.4M | Add +0.3% |
| EFG iShares MSCI Eafe Growth ETF | 1.46% | 56,460 | $6.3M | Add +1.2% |
| SFM Sprouts Farmers Market Inc. | 1.34% | 74,881 | $5.8M | Reduce -2.9% |
| AVEM Avantis Emerging Markets Eq | 1.30% | 69,558 | $5.6M | Add +12.8% |
| CNI Canadian Natl Railway Co. | 1.26% | 52,895 | $5.4M | Add +1.1% |
| FIW First Trust Water ETF | 1.15% | 47,814 | $4.9M | Add +1.3% |
| AMLP Alerian MLP ETF | 1.13% | 92,361 | $4.9M | Reduce -0.7% |
| LH Labcorp Holdings Inc. | 1.12% | 18,026 | $4.8M | Reduce -1.9% |
| NVDA Nvidia Corp. | 1.09% | 26,829 | $4.7M | Add +2.5% |
| VZ Verizon Communications Inc. | 1.00% | 85,613 | $4.3M | Reduce -9.2% |
| HON Honeywell International Inc. | 0.93% | 17,648 | $4.0M | Reduce -1.3% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.85% | 37,273 | $3.7M | Add +7.6% |
| XLE SS Energy Select Sector | 0.55% | 38,578 | $2.4M | Reduce -0.4% |
| PAYX Paychex Inc. | 0.50% | 23,321 | $2.1M | Reduce -1.3% |
| PYPL PayPal Holdings Inc. | 0.46% | 43,996 | $2.0M | Add +0.2% |
| XLI SS Industrial Select Sector | 0.42% | 11,155 | $1.8M | Add +24.9% |
| SCHF Schwab Intl Equity ETF | 0.35% | 61,189 | $1.5M | Reduce -2.5% |
| EPD Enterprise Products Partners | 0.20% | 23,080 | $873K | No change |
| RODM Hartford Multifact Dev MRKT | 0.17% | 18,081 | $713K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.16% | 14,965 | $687K | Add +9.0% |
| MRSH Marsh & McLennan Cos | 0.12% | 2,920 | $506K | Reduce -5.6% |
| MINT PIMCO Enhanced Short Maturit | 0.10% | 4,265 | $429K | Reduce -3.8% |
| TSLA Tesla Inc. | 0.10% | 1,119 | $416K | Add +57.4% |
| JNJ Johnson & Johnson | 0.09% | 1,650 | $403K | Reduce -6.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.09% | 4,635 | $383K | Reduce -26.7% |
| ADP Automatic Data Processing | 0.09% | 1,858 | $377K | Reduce -11.9% |
| SOLS Solstice Adv Materials Inc. | 0.07% | 3,868 | $295K | Reduce -11.8% |
| F Ford Motor Co. filed as FORD MTR CO | 0.07% | 24,426 | $282K | Reduce -5.6% |
| ABBV Abbvie Inc. | 0.06% | 1,203 | $262K | Reduce -21.3% |
| XLK SS Technology Select Sector | 0.06% | 1,893 | $252K | Add +5.5% |
| DTE DTE Energy Company | 0.06% | 1,687 | $247K | Add +0.2% |
| SYK Stryker Corp. | 0.05% | 660 | $217K | No change |
| XOM Exxon Mobil Corp. | 0.05% | 1,240 | $210K | New |
| SCHB Schwab US Broad Market ETF | 0.05% | 8,131 | $204K | Reduce -1.1% |
Portfolio Sells Q4 2025 → Q1 2026
| GOOGL Alphabet Inc. Class A | Reduce -4.3% | 5.38% | −0.82 |
| MSFT Microsoft Corp. | Reduce -1.2% | 2.22% | −0.76 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.0% | 7.56% | −0.64 |
| MS Morgan Stanley | Reduce -12.4% | 1.72% | −0.43 |
| META Meta Platforms Inc. Class A | Reduce -0.3% | 2.10% | −0.36 |
| AAPL Apple Inc. | Reduce -4.3% | 2.35% | −0.32 |
| JPM JPMorgan Chase & Co. | Reduce -4.2% | 1.98% | −0.32 |
| JUST Goldman Sachs Just US LRG | Reduce -0.1% | 2.18% | −0.13 |
| PAYX Paychex Inc. | Reduce -1.3% | 0.50% | −0.13 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.9% | 2.80% | −0.11 |
| SFM Sprouts Farmers Market Inc. | Reduce -2.9% | 1.34% | −0.11 |
| GSIE Goldman Sachs Activebeta Int | Reduce -1.3% | 3.69% | −0.09 |
| OMFL Invesco Russell 1000 DYN M/F | Sold out | 0.00% | −0.07 |
| GIGB Goldman Sachs Inv GRD Corp. | Reduce -0.2% | 1.98% | −0.05 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.05 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.05 |
| ADP Automatic Data Processing | Reduce -11.9% | 0.09% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -26.7% | 0.09% | −0.03 |
| ABBV Abbvie Inc. | Reduce -21.3% | 0.06% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -5.6% | 0.12% | −0.02 |
| F Ford Motor Co. | Reduce -5.6% | 0.07% | −0.01 |
| MINT PIMCO Enhanced Short Maturit | Reduce -3.8% | 0.10% | −0.01 |
| SCHF Schwab Intl Equity ETF | Reduce -2.5% | 0.35% | −0.00 |
| SCHB Schwab US Broad Market ETF | Reduce -1.1% | 0.05% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.6% | 1.76% | +0.01 |
| JNJ Johnson & Johnson | Reduce -6.8% | 0.09% | +0.01 |
| HDEF Xtrackers MSCI Eafe High Div | Reduce -2.6% | 1.85% | +0.01 |
| SCHV Schwab US Large-Cap Value | Reduce -0.8% | 2.31% | +0.02 |
| SOLS Solstice Adv Materials Inc. | Reduce -11.8% | 0.07% | +0.02 |
| LH Labcorp Holdings Inc. | Reduce -1.9% | 1.12% | +0.03 |
| VZ Verizon Communications Inc. | Reduce -9.2% | 1.00% | +0.09 |
| AMLP Alerian MLP ETF | Reduce -0.7% | 1.13% | +0.10 |
| HON Honeywell International Inc. | Reduce -1.3% | 0.93% | +0.11 |
| GDX Vaneck Gold Miners ETF | Reduce -1.2% | 3.29% | +0.13 |
| XLE SS Energy Select Sector | Reduce -0.4% | 0.55% | +0.14 |
| CVX Chevron Corp. | Reduce -7.5% | 1.73% | +0.33 |
| MPC Marathon Petroleum Corp. | Reduce -4.3% | 2.67% | +0.78 |
Portfolio Buys Q4 2025 → Q1 2026
| PYLD PIMCO Multisector Bond Actv | New | 1.57% | +1.57 |
| JAAA Janus Henderson Aaa Clo ETF | Add +13.0% | 2.59% | +0.26 |
| NEE Nextera Energy Inc. | Add +0.3% | 1.48% | +0.19 |
| AVEM Avantis Emerging Markets Eq | Add +12.8% | 1.30% | +0.18 |
| AVUV Avantis US Small Cap Value | Add +2.3% | 1.67% | +0.14 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +2.6% | 3.92% | +0.13 |
| IEF iShares 7-10 Year Treasury B | Add +10.7% | 1.74% | +0.13 |
| AVLV Avantis US Large Cap Value | Add +2.3% | 1.58% | +0.11 |
| XLI SS Industrial Select Sector | Add +24.9% | 0.42% | +0.09 |
| FLTR Vaneck Ig Floating Rate ETF | Add +4.2% | 3.29% | +0.09 |
| SCHR Schwab Intermediate-Term US | Add +5.3% | 2.66% | +0.08 |
| SCHM Schwab US Mid Cap ETF | Add +2.7% | 1.75% | +0.07 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +0.3% | 2.37% | +0.06 |
| TIP iShares Tips Bond ETF | Add +3.3% | 2.50% | +0.06 |
| XOM Exxon Mobil Corp. | New | 0.05% | +0.05 |
| CNI Canadian Natl Railway Co. | Add +1.1% | 1.26% | +0.04 |
| DON Wisdomtree US Midcap Dividen | Add +1.2% | 2.14% | +0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +9.0% | 0.16% | +0.02 |
| TSLA Tesla Inc. | Add +57.4% | 0.10% | +0.02 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +7.6% | 0.85% | +0.02 |
| DTE DTE Energy Company | Add +0.2% | 0.06% | +0.01 |
| XLK SS Technology Select Sector | Add +5.5% | 0.06% | −0.00 |
| DGRW Wisdomtree U.S. Quality Divi | Add +3.0% | 1.51% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.1% | 1.79% | −0.03 |
| EFG iShares MSCI Eafe Growth ETF | Add +1.2% | 1.46% | −0.04 |
| ILCG iShares Morningstar Growth E | Add +6.8% | 1.62% | −0.06 |
| FIW First Trust Water ETF | Add +1.3% | 1.15% | −0.06 |
| NVDA Nvidia Corp. | Add +2.5% | 1.09% | −0.06 |
| PYPL PayPal Holdings Inc. | Add +0.2% | 0.46% | −0.14 |
| AMZN Amazon.com Inc. | Add +0.6% | 1.78% | −0.21 |
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 |