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White Pine Investment Co.

CIK:0001318259
Investment Adviser
$466M AUM
67 holdings
Livonia, MI, US
Founded:1994
7 employees
Latest filing:Sep 30, 2025

White Pine Investment Co is an SEC-registered investment adviser headquartered in Livonia, Michigan. Founded in 1994, the firm specializes in providing investment management services for individual and institutional clients, acting primarily as an institutional manager. The company is a closely held boutique investment adviser with a small team, serving clients focused on disciplined portfolio management and long-term financial growth.

Investment Strategy

White Pine Investment Co primarily utilizes a value-oriented and diversified portfolio strategy, investing across domestic equities, ETFs, and select international holdings. Their approach emphasizes fundamental analysis, risk management, and long-term capital appreciation for both individual and institutional clients. The firm is known for transparency, active monitoring, and allocating capital with an eye towards stable returns while remaining responsive to market conditions.

Latest 13F Filing Activity

White Pine Investment Co. filed their most recent 13F report on Sep 30, 2025 disclosing 67 equity positions with a total 13F market value of $421M. The fund increased holdings in Alphabet Inc., Janus Henderson Aaa Clo Etf, Vaneck Vectors Gold Miners Etf among other positions. White Pine Investment Co. reduced exposure to Ishares 1-3 Year Treasury Bond Etf, Sprouts Farmers Market Inc., Invesco Russell 1000 Dynamic Mltfct Etf among others.

Top Buys
G
GOOGLAlphabet Inc
+$5.5M
J
JAAAJanus Henderson AAA CLO ETF
+$4.8M
G
GDXVanEck Vectors Gold Miners ETF
+$3.9M
A
AVEMAvantis Emerging Markets Equity ETF
+$2.8M
A
AAPLApple Inc
+$2.0M
Top Sells
S
SHYiShares 1-3 Year Treasury Bond ETF
-$5.7M
S
SFMSprouts Farmers Market Inc
-$4.4M
O
OMFLInvesco Russell 1000 Dynamic Mltfct ETF
-$3.6M
C
CNICanadian National Railway Co
-$472.0K
P
PAYXPaychex Inc
-$435.0K

Top Holdings

B
BRK-BBerkshire Hathaway Inc
+8.5%$35.7M
G
GOOGLAlphabet Inc
+5.1%$21.7M
F
FNDXSchwab Fundamental U.S. Large
+3.7%$15.5M
G
GSIEGoldman Sachs ActiveBeta Inter
+3.7%$15.4M
M
MSFTMicrosoft Corp
+3.3%$13.9M

Equity Positions (67)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
Berkshire Hathaway Inc8.47%$35.7M71,007$116.57$502.74+$814.0K
Alphabet Inc5.14%$21.7M89,199$57.53$243.10+$5.5M
Schwab Fundamental U.S. Large3.67%$15.5M588,977$13.53$26.30+$1.1M
Goldman Sachs ActiveBeta Inter3.66%$15.4M374,836$29.35$41.11+$515.0K
Microsoft Corp3.30%$13.9M26,855$40.85$517.95+$321.0K

Industry Allocation

FIRE, MARINE & CASUALTY INSURANCE
+8.5%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+7.9%
PETROLEUM REFINING
+3.8%
SERVICES-PREPACKAGED SOFTWARE
+3.3%
ELECTRONIC COMPUTERS
+2.5%