White Pine Investment

LIVONIA, MIfiles as White Pine Investment CO

$469m in 72 US stocks at the end of 30 June 2026. The top 10 are 36.9% of the money. It changed about 5.7% of the portfolio this quarter.

Value

$469m

Stocks

Top 10 share

36.9%

Turnover

5.7%

What changed this quarter

New

Bought for the first time this quarter.

Honeywell InternationalHON
0.4% of the fund
Honeywell AerospaceHONA
0.4% of the fund
Spdr Series TrustXAR
0.3% of the fund
ServiceNowNOW
<0.1% of the fund
Rockwell AutomationROK
<0.1% of the fund
StarbucksSBUX
<0.1% of the fund
Lam ResearchLRCX
<0.1% of the fund
Cisco SystemsCSCO
<0.1% of the fund

Added

Bought more of a stock they already held.

Schwab Strategic TRFNDX
4.1% of the fund
+2%
Vaneck ETF TrustFLTR
3.1% of the fund
+4%
Vaneck ETF TrustGDX
2.6% of the fund
+4%
Janus Detroit STR TRJAAA
2.5% of the fund
+7%
AppleAAPL
2.5% of the fund
+3%
Schwab Strategic TRSCHR
2.5% of the fund
+3%
Pimco ETF TRPYLD
2.4% of the fund
+63%
Ishares TRTIP
2.3% of the fund
+2%
Schwab Strategic TRSCHM
2.0% of the fund
+3%
Ishares TRIEF
1.7% of the fund
+5%
Wisdomtree TRDGRW
1.5% of the fund
+2%
American Centy ETF TRAVEM
1.5% of the fund
+4%
NvidiaNVDA
1.2% of the fund
+3%
First TR Exchange-Traded FDFIW
1.2% of the fund
+3%
Direxion Shares ETF TrustQQQE
1.0% of the fund
+4%
Select Sector Spdr TRXLI
0.5% of the fund
+3%
Select Sector Spdr TRXLU
0.2% of the fund
+10%
Pimco ETF TRMINT
0.1% of the fund
+12%
AbbVieABBV
<0.1% of the fund
+9%

Cut

Sold some of their stake.

Marathon PetroleumMPC
2.4% of the fund
-5%
Sprouts Farmers MarketSFM
1.2% of the fund
-12%
PayPal HoldingsPYPL
0.3% of the fund
-17%
PaychexPAYX
0.2% of the fund
-57%
Select Sector Spdr TRXLK
<0.1% of the fund
-5%
Ford MotorF
<0.1% of the fund
-3%
TeslaTSLA
<0.1% of the fund
-36%
Solstice Advanced MaterialsSOLS
<0.1% of the fund
-35%
Schwab Strategic TRSCHB
<0.1% of the fund
-6%

Sold out

Sold their entire stake.

Honeywell InternationalHON
-100%
Ishares TRSHY
-100%
ExxonMobil HoldingsXOM
-100%

Holdings

Berkshire HathawayBRK-B
Share
7.2%
Value
$34m
Shares
67,732
Held
AlphabetGOOGL
Share
6.0%
Value
$28m
Shares
79,021
Held
Schwab Strategic TRFNDX
Share
4.1%
Value
$19m
Shares
617,762
+2%
Goldman Sachs ETF TRGSIE
Share
3.6%
Value
$17m
Shares
369,545
Held
Vaneck ETF TrustFLTR
Share
3.1%
Value
$15m
Shares
575,230
+4%
Ishares TRUSMV
Share
2.7%
Value
$13m
Shares
129,782
Held
Vaneck ETF TrustGDX
Share
2.6%
Value
$12m
Shares
161,208
+4%
Ishares TRIJK
Share
2.5%
Value
$12m
Shares
101,317
Held
Janus Detroit STR TRJAAA
Share
2.5%
Value
$12m
Shares
235,578
+7%
AppleAAPL
Share
2.5%
Value
$12m
Shares
40,922
+3%
Schwab Strategic TRSCHR
Share
2.5%
Value
$12m
Shares
474,217
+3%
Marathon PetroleumMPC
Share
2.4%
Value
$11m
Shares
44,610
-5%
Schwab Strategic TRSCHV
Share
2.4%
Value
$11m
Shares
326,384
Held
Pimco ETF TRPYLD
Share
2.4%
Value
$11m
Shares
421,294
+63%
Ishares TRTIP
Share
2.3%
Value
$11m
Shares
99,847
+2%
Goldman Sachs ETF TRJUST
Share
2.3%
Value
$11m
Shares
101,530
Held
Wisdomtree TRDON
Share
2.1%
Value
$10m
Shares
177,549
Held
Invesco QQQ TRQQQ
Share
2.1%
Value
$10m
Shares
13,583
Held
MicrosoftMSFT
Share
2.0%
Value
$10m
Shares
25,547
Held
JPMorgan ChaseJPM
Share
2.0%
Value
$9m
Shares
28,657
Held
Schwab Strategic TRSCHM
Share
2.0%
Value
$9m
Shares
250,309
+3%
Morgan StanleyMS
Share
2.0%
Value
$9m
Shares
44,110
Held
Meta PlatformsMETA
Share
1.9%
Value
$9m
Shares
15,756
Held
Ishares TRIJR
Share
1.9%
Value
$9m
Shares
59,794
Held
Amazon.comAMZN
Share
1.9%
Value
$9m
Shares
36,724
Held
Ishares TRILCG
Share
1.9%
Value
$9m
Shares
74,336
Held
Goldman Sachs ETF TRGIGB
Share
1.8%
Value
$9m
Shares
187,378
Held
American Centy ETF TRAVUV
Share
1.8%
Value
$8m
Shares
66,063
Held
DBX ETF TRHDEF
Share
1.7%
Value
$8m
Shares
245,428
Held
American Centy ETF TRAVLV
Share
1.7%
Value
$8m
Shares
84,938
Held
Ishares TRIEF
Share
1.7%
Value
$8m
Shares
81,884
+5%
Wisdomtree TRDGRW
Share
1.5%
Value
$7m
Shares
75,688
+2%
Ishares TREFG
Share
1.5%
Value
$7m
Shares
56,823
Held
American Centy ETF TRAVEM
Share
1.5%
Value
$7m
Shares
72,436
+4%
Canadian National RailwayCNI
Share
1.3%
Value
$6m
Shares
53,065
Held
NextEra EnergyNEE
Share
1.3%
Value
$6m
Shares
69,563
Held
ChevronCVX
Share
1.3%
Value
$6m
Shares
35,982
Held
Sprouts Farmers MarketSFM
Share
1.2%
Value
$6m
Shares
65,909
-12%
NvidiaNVDA
Share
1.2%
Value
$6m
Shares
27,734
+3%
First TR Exchange-Traded FDFIW
Share
1.2%
Value
$5m
Shares
49,314
+3%
Labcorp HoldingsLH
Share
1.1%
Value
$5m
Shares
17,900
Held
Alps ETF TRAMLP
Share
1.0%
Value
$5m
Shares
93,412
Held
Direxion Shares ETF TrustQQQE
Share
1.0%
Value
$5m
Shares
38,934
+4%
Verizon CommunicationsVZ
Share
0.8%
Value
$4m
Shares
84,509
Held
Select Sector Spdr TRXLI
Share
0.5%
Value
$2m
Shares
11,465
+3%
Select Sector Spdr TRXLE
Share
0.4%
Value
$2m
Shares
38,970
Held
Honeywell InternationalHON
Share
0.4%
Value
$2m
Shares
8,954
New
Honeywell AerospaceHONA
Share
0.4%
Value
$2m
Shares
8,925
New
Schwab Strategic TRSCHF
Share
0.4%
Value
$2m
Shares
62,128
Held
PayPal HoldingsPYPL
Share
0.3%
Value
$2m
Shares
36,443
-17%
Spdr Series TrustXAR
Share
0.3%
Value
$1m
Shares
4,358
New
PaychexPAYX
Share
0.2%
Value
$979,000
Shares
9,953
-57%
Enterprise Products Partners L.P.EPD
Share
0.2%
Value
$848,000
Shares
23,080
Held
Select Sector Spdr TRXLU
Share
0.2%
Value
$748,000
Shares
16,501
+10%
Lattice Strategies TRRODM
Share
0.2%
Value
$733,000
Shares
18,129
Held
Marsh & McLennan CompaniesMRSH
Share
0.1%
Value
$486,000
Shares
2,914
Held
Pimco ETF TRMINT
Share
0.1%
Value
$482,000
Shares
4,782
+12%
Johnson & JohnsonJNJ
Share
<0.1%
Value
$419,000
Shares
1,650
Held
Automatic Data ProcessingADP
Share
<0.1%
Value
$412,000
Shares
1,841
Held
ServiceNowNOW
Share
<0.1%
Value
$400,000
Shares
4,024
New
Select Sector Spdr TRXLK
Share
<0.1%
Value
$341,000
Shares
1,792
-5%
AbbVieABBV
Share
<0.1%
Value
$331,000
Shares
1,315
+9%
Ford MotorF
Share
<0.1%
Value
$328,000
Shares
23,593
-3%
TeslaTSLA
Share
<0.1%
Value
$299,000
Shares
711
-36%
DTE EnergyDTE
Share
<0.1%
Value
$255,000
Shares
1,673
Held
Rockwell AutomationROK
Share
<0.1%
Value
$248,000
Shares
500
New
Solstice Advanced MaterialsSOLS
Share
<0.1%
Value
$223,000
Shares
2,513
-35%
Schwab Strategic TRSCHB
Share
<0.1%
Value
$222,000
Shares
7,667
-6%
StarbucksSBUX
Share
<0.1%
Value
$216,000
Shares
2,114
New
Lam ResearchLRCX
Share
<0.1%
Value
$208,000
Shares
480
New
StrykerSYK
Share
<0.1%
Value
$208,000
Shares
660
Held
Cisco SystemsCSCO
Share
<0.1%
Value
$204,000
Shares
1,734
New

Company	Share of fund	Value	Shares	Change
Berkshire HathawayBRK-B	7.2%	$34m	67,732	Held
AlphabetGOOGL	6.0%	$28m	79,021	Held
Schwab Strategic TRFNDX	4.1%	$19m	617,762	+2%
Goldman Sachs ETF TRGSIE	3.6%	$17m	369,545	Held
Vaneck ETF TrustFLTR	3.1%	$15m	575,230	+4%
Ishares TRUSMV	2.7%	$13m	129,782	Held
Vaneck ETF TrustGDX	2.6%	$12m	161,208	+4%
Ishares TRIJK	2.5%	$12m	101,317	Held
Janus Detroit STR TRJAAA	2.5%	$12m	235,578	+7%
AppleAAPL	2.5%	$12m	40,922	+3%
Schwab Strategic TRSCHR	2.5%	$12m	474,217	+3%
Marathon PetroleumMPC	2.4%	$11m	44,610	-5%
Schwab Strategic TRSCHV	2.4%	$11m	326,384	Held
Pimco ETF TRPYLD	2.4%	$11m	421,294	+63%
Ishares TRTIP	2.3%	$11m	99,847	+2%
Goldman Sachs ETF TRJUST	2.3%	$11m	101,530	Held
Wisdomtree TRDON	2.1%	$10m	177,549	Held
Invesco QQQ TRQQQ	2.1%	$10m	13,583	Held
MicrosoftMSFT	2.0%	$10m	25,547	Held
JPMorgan ChaseJPM	2.0%	$9m	28,657	Held
Schwab Strategic TRSCHM	2.0%	$9m	250,309	+3%
Morgan StanleyMS	2.0%	$9m	44,110	Held
Meta PlatformsMETA	1.9%	$9m	15,756	Held
Ishares TRIJR	1.9%	$9m	59,794	Held
Amazon.comAMZN	1.9%	$9m	36,724	Held
Ishares TRILCG	1.9%	$9m	74,336	Held
Goldman Sachs ETF TRGIGB	1.8%	$9m	187,378	Held
American Centy ETF TRAVUV	1.8%	$8m	66,063	Held
DBX ETF TRHDEF	1.7%	$8m	245,428	Held
American Centy ETF TRAVLV	1.7%	$8m	84,938	Held
Ishares TRIEF	1.7%	$8m	81,884	+5%
Wisdomtree TRDGRW	1.5%	$7m	75,688	+2%
Ishares TREFG	1.5%	$7m	56,823	Held
American Centy ETF TRAVEM	1.5%	$7m	72,436	+4%
Canadian National RailwayCNI	1.3%	$6m	53,065	Held
NextEra EnergyNEE	1.3%	$6m	69,563	Held
ChevronCVX	1.3%	$6m	35,982	Held
Sprouts Farmers MarketSFM	1.2%	$6m	65,909	-12%
NvidiaNVDA	1.2%	$6m	27,734	+3%
First TR Exchange-Traded FDFIW	1.2%	$5m	49,314	+3%
Labcorp HoldingsLH	1.1%	$5m	17,900	Held
Alps ETF TRAMLP	1.0%	$5m	93,412	Held
Direxion Shares ETF TrustQQQE	1.0%	$5m	38,934	+4%
Verizon CommunicationsVZ	0.8%	$4m	84,509	Held
Select Sector Spdr TRXLI	0.5%	$2m	11,465	+3%
Select Sector Spdr TRXLE	0.4%	$2m	38,970	Held
Honeywell InternationalHON	0.4%	$2m	8,954	New
Honeywell AerospaceHONA	0.4%	$2m	8,925	New
Schwab Strategic TRSCHF	0.4%	$2m	62,128	Held
PayPal HoldingsPYPL	0.3%	$2m	36,443	-17%
Spdr Series TrustXAR	0.3%	$1m	4,358	New
PaychexPAYX	0.2%	$979,000	9,953	-57%
Enterprise Products Partners L.P.EPD	0.2%	$848,000	23,080	Held
Select Sector Spdr TRXLU	0.2%	$748,000	16,501	+10%
Lattice Strategies TRRODM	0.2%	$733,000	18,129	Held
Marsh & McLennan CompaniesMRSH	0.1%	$486,000	2,914	Held
Pimco ETF TRMINT	0.1%	$482,000	4,782	+12%
Johnson & JohnsonJNJ	<0.1%	$419,000	1,650	Held
Automatic Data ProcessingADP	<0.1%	$412,000	1,841	Held
ServiceNowNOW	<0.1%	$400,000	4,024	New
Select Sector Spdr TRXLK	<0.1%	$341,000	1,792	-5%
AbbVieABBV	<0.1%	$331,000	1,315	+9%
Ford MotorF	<0.1%	$328,000	23,593	-3%
TeslaTSLA	<0.1%	$299,000	711	-36%
DTE EnergyDTE	<0.1%	$255,000	1,673	Held
Rockwell AutomationROK	<0.1%	$248,000	500	New
Solstice Advanced MaterialsSOLS	<0.1%	$223,000	2,513	-35%
Schwab Strategic TRSCHB	<0.1%	$222,000	7,667	-6%
StarbucksSBUX	<0.1%	$216,000	2,114	New
Lam ResearchLRCX	<0.1%	$208,000	480	New
StrykerSYK	<0.1%	$208,000	660	Held
Cisco SystemsCSCO	<0.1%	$204,000	1,734	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 17.1% since 30 June 2025.

Where the money is

Financial services11.6%

Media & telecom8.7%

Technology5.9%

Energy3.7%

Industrials2.5%

Retail & consumer2.0%

Utilities1.5%

Health care1.3%

Everyday goods1.2%

Materials0.0%

Other61.5%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.