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Portfolio (Quarterly) Guide ↗

White Pine Investment CO

· CIK 0001318259
13F Portfolio $430M AUM 68 positions Filed Apr 20, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 2 New 24 Added 30 Reduced 3 Exited
Page 2 of 4  ·  67 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 HDEF Xtrackers MSCI EAFE High Div Yld Eq ETF 246,317.0 $8.0M 1.85% -7K -2.6% $32.41 -2.3%
22 QQQ Invesco QQQ Trust Financial Services 13,355.0 $7.7M 1.79% +765.0 +6.1% $577.16 +23.7%
23 AMZN Amazon.com Inc Consumer Cyclical 36,706.0 $7.6M 1.78% +204.0 +0.6% $208.28 +12.4%
24 IJR iShares Core S&P Small-Cap ETF 60,787.0 $7.6M 1.76% -1K -1.6% $124.30 +14.9%
25 SCHM Schwab US Mid Cap ETF 243,804.0 $7.5M 1.75% +7K +2.7% $30.96 +15.4%
26 IEF iShares 7-10 Year Treasury Bond ETF 78,323.0 $7.5M 1.74% +8K +10.7% $95.44 -1.4%
27 CVX Chevron Corp Energy 35,967.0 $7.4M 1.73% -3K -7.5% $206.88 -14.9%
28 MS Morgan Stanley Financial Services 44,966.0 $7.4M 1.72% -6K -12.4% $164.57 +37.3%
29 AVUV Avantis US Small Cap Value ETF 65,171.0 $7.2M 1.67% +1K +2.3% $110.46 +10.8%
30 ILCG iShares Morningstar Large-Cap Growth ETF 73,024.0 $7.0M 1.62% +5K +6.8% $95.48 +18.8%
31 AVLV Avantis US Large Cap Value ETF 84,423.0 $6.8M 1.58% +2K +2.3% $80.61 +12.7%
32 PYLD PIMCO Multisector Bond Active ETF 257,690.0 $6.8M 1.57% NEW $26.20 +0.9%
33 DGRW WisdomTree U.S. Quality Divide 74,032.0 $6.5M 1.51% +2K +3.0% $87.84 +7.8%
34 NEE NextEra Energy Inc Utilities 68,642.0 $6.4M 1.48% $92.87 -6.9%
35 EFG iShares MSCI EAFE Growth ETF 56,460.0 $6.3M 1.46% +683.0 +1.2% $111.37 +9.4%
36 SFM Sprouts Farmers Market Inc Consumer Defensive 74,881.0 $5.8M 1.34% -2K -2.9% $77.14 +9.6%
37 AVEM Avantis Emerging Markets Equity ETF 69,558.0 $5.6M 1.30% +8K +12.8% $80.58 +17.5%
38 CNI Canadian National Railway Co Industrials 52,895.0 $5.4M 1.26% +561.0 +1.1% $102.77 +11.8%
39 FIW First Trust Water ETF 47,814.0 $4.9M 1.15% +612.0 +1.3% $103.13 +2.0%
40 AMLP Alps Alerian Mlp Etf 92,361.0 $4.9M 1.13% -685.0 -0.7% $52.64 -1.9%
Page 2 of 4  ·  67 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Communication Services 25.0%
Financial Services 17.9%
Technology 16.7%
Energy 13.7%
Industrials 8.2%
Consumer Cyclical 5.7%
Utilities 4.5%
Consumer Defensive 4.0%
Healthcare 3.9%
Basic Materials 0.2%