Q3 2026 13F · SEC CIK 1318259

White Pine Investment CO

Wealth managerFiled 2026-10-15 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $480.3M
Reported positions: 68
Top holdings a year, 3 yrs: +15.9%
Assets under management: $532.3M

White Pine Investment CO is a wealth manager that reported 68 positions worth $480.3M in its Q3 2026 13F, filed 2026-10-15. Its largest holdings were Berkshire Hathaway Inc Del (BRK-B, 7.0%), Alphabet Inc (GOOGL, 5.5%), Schwab Strategic Tr (FNDX, 4.1%). A portfolio copying its top holdings returned 15.9% a year over the last 3 years, against 20.4% for the S&P 500.

White Pine Investment CO holdings largest 50 of 68 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

White Pine Investment CO 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
BRK-BBerkshire Hathaway Inc Del	7.0%	7.2%	67,158	-0.8%	$33.4M
GOOGLAlphabet Inc	5.5%	6.0%	76,923	-2.7%	$26.5M
FNDXSchwab Strategic Tr	4.1%	4.1%	619,801	+0.3%	$19.5M
GSIEGoldman Sachs ETF Tr	3.5%	3.6%	366,737	-0.8%	$16.8M
MPCMarathon Petroleum	3.4%	2.4%	41,382	-7.2%	$16.4M
FLTRVaneck ETF Trust	3.1%	3.1%	588,306	+2.3%	$15.1M
GDXVaneck ETF Trust	3.0%	2.6%	166,477	+3.3%	$14.6M
AAPLApple Inc	2.8%	2.5%	40,420	-1.2%	$13.5M
PYLDPimco ETF Tr	2.7%	2.4%	519,433	+23.3%	$13.2M
MSFTMicrosoft Corp	2.7%	2.0%	24,942	-2.4%	$12.8M
USMVIshares Tr	2.6%	2.7%	130,257	+0.4%	$12.7M
JAAAJanus Detroit Str Tr	2.6%	2.5%	243,232	+3.2%	$12.3M
SCHRSchwab Strategic Tr	2.4%	2.5%	484,783	+2.2%	$11.5M
METAMeta Platforms Inc	2.4%	1.9%	15,575	-1.1%	$11.3M
IJKIshares S&p Mid Cap 400 Growth	2.3%	2.5%	101,888	+0.6%	$11.2M
JUSTGoldman Sachs ETF Tr	2.3%	2.3%	101,461	-0.1%	$11.1M
SCHVSchwab Strategic Tr	2.3%	2.4%	330,256	+1.2%	$11.0M
TIPIshares Tr	2.3%	2.3%	104,185	+4.3%	$10.8M
QQQInvesco Qqq Tr	2.1%	2.1%	13,537	-0.3%	$10.0M
DONWisdomtree Tr	2.0%	2.1%	178,976	+0.8%	$9.7M
JPMJpmorgan Chase & Co	1.9%	2.0%	28,254	-1.4%	$9.3M
AMZNAmazon Com Inc	1.9%	1.9%	36,336	-1.1%	$9.1M
JKEIshares Tr	1.8%	1.9%	74,925	+0.8%	$8.8M
SCHMSchwab Strategic Tr	1.8%	2.0%	254,723	+1.8%	$8.7M
AVEMAmerican Centy ETF Tr	1.7%	1.5%	87,945	+21.4%	$8.3M
GIGBGoldman Sachs ETF Tr	1.7%	1.8%	186,635	-0.4%	$8.1M
MSMorgan Stanley	1.7%	2.0%	42,922	-2.7%	$8.1M
IJRIshares Tr	1.7%	1.9%	58,911	-1.5%	$8.0M
HDEFDbx ETF Tr	1.7%	1.7%	246,104	+0.3%	$8.0M
AVUVAmerican Centy ETF Tr	1.6%	1.8%	66,346	+0.4%	$7.8M
AVLVAmerican Centy ETF Tr	1.6%	1.7%	84,821	-0.1%	$7.7M
DGRWWisdomtree Tr	1.6%	1.5%	77,290	+2.1%	$7.5M
IEFIshares Tr	1.6%	1.7%	83,916	+2.5%	$7.5M
CVXChevron Corporation	1.5%	1.3%	35,393	-1.6%	$7.2M
EFGIshares Tr	1.4%	1.5%	57,398	+1.0%	$6.9M
NVDANvidia Corporation	1.4%	1.2%	28,918	+4.3%	$6.6M
CNICanadian Natl Ry Co	1.3%	1.3%	52,506	-1.1%	$6.2M
LHLabcorp Holdings Inc	1.1%	1.1%	17,765	-0.8%	$5.5M
NEENextera Energy Inc	1.1%	1.3%	70,383	+1.2%	$5.3M
FIWFirst Tr Exchange-Traded Fd	1.1%	1.2%	49,788	+1.0%	$5.2M
AMLPAlps ETF Tr	1.0%	1.0%	93,816	+0.4%	$4.9M
QQQEDirexion Shares ETF Trust	1.0%	1.0%	39,426	+1.3%	$4.7M
SFMSprouts Fmrs Mkt Inc	0.9%	1.2%	61,986	-6.0%	$4.1M
VZVerizon Communications Inc	0.8%	0.8%	82,630	-2.2%	$3.8M
XLESelect Sector Spdr Tr	0.5%	0.4%	37,971	-2.6%	$2.3M
XLISelect Sector Spdr Tr	0.4%	0.5%	11,898	+3.8%	$2.0M
HONHoneywell Intl Inc	0.4%	0.4%	8,940	-0.2%	$1.9M
XARState Streer	0.4%	—	7,901	—	$1.8M
PYPLPaypal Hldgs Inc	0.4%	0.3%	33,406	-8.3%	$1.8M
SCHFSchwab Strategic Tr	0.4%	0.4%	63,545	+2.3%	$1.7M

What White Pine Investment CO bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

PYLD Pimco ETF Tr+23.3% shares
AVEM American Centy ETF Tr+21.4% shares

Reduced

Left the top 50

HONA Honeywell Aerospace Incwas 0.4%

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +14.5% /yr; S&P 500 +20.1%
3 years: +15.9% /yr; S&P 500 +20.4%
5 years: +8.4% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$480.3M	68
Q2 2026	$469.2M	72
Q1 2026	$430.4M	67
Q4 2025	$424.4M	68
Q3 2025	$421.5M	67
Q2 2025	$400.6M	65
Q1 2025	$371.4M	64
Q4 2024	$370.2M	66
Q3 2024	$364.5M	64
Q2 2024	$340.3M	63
Q1 2024	$338.6M	63
Q4 2023	$309.9M	60

Questions about White Pine Investment CO's portfolio

What stocks does White Pine Investment CO own?

White Pine Investment CO's latest 13F, for Q3 2026 and filed Oct 15, 2026, lists 68 positions worth $480.3M. The largest are Berkshire Hathaway Inc Del (BRK-B) at 7.0%, Alphabet Inc (GOOGL) at 5.5%, Schwab Strategic Tr (FNDX) at 4.1%, Goldman Sachs ETF Tr (GSIE) at 3.5% and Marathon Petroleum (MPC) at 3.4%.

What did White Pine Investment CO buy last quarter?

In Q3 2026, White Pine Investment CO added Pimco ETF Tr (PYLD) (+23.3% shares) and American Centy ETF Tr (AVEM) (+21.4% shares), compared with its Q2 2026 filing.

What did White Pine Investment CO sell last quarter?

In Q3 2026, White Pine Investment CO cut from its top 50 Honeywell Aerospace Inc (HONA), Paypal Hldgs Inc (PYPL) (-8.3% shares), Marathon Petroleum (MPC) (-7.2% shares) and Sprouts Fmrs Mkt Inc (SFM) (-6.0% shares), compared with its Q2 2026 filing.

How has White Pine Investment CO's portfolio performed?

A portfolio copying White Pine Investment CO's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +14.5% against +20.1%. Over 5 years: +8.4% a year against +11.6%.

When is White Pine Investment CO's next 13F filing due?

13F filings are due 45 days after each quarter ends. White Pine Investment CO's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does White Pine Investment CO manage?

White Pine Investment CO reported $532.3M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $480.3M.