White Pine Investment Co 13F annual report
White Pine Investment Co is an investment fund managing more than $340 million ran by Stefanie Porter. There are currently 63 companies in Mrs. Porter’s portfolio. The largest investments include Berkshire Hathaway and Alphabet Inc, together worth $49.2 million.
$340 million Assets Under Management (AUM)
As of 17th July 2024, White Pine Investment Co’s top holding is 77,037 shares of Berkshire Hathaway currently worth over $31.3 million and making up 9.2% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, White Pine Investment Co owns more than approximately 0.1% of the company.
In addition, the fund holds 98,105 shares of Alphabet Inc worth $17.9 million, whose value grew 22.2% in the past six months.
The third-largest holding is Goldman Sachs Activebeta Inter worth $13.8 million and the next is Microsoft worth $13.1 million, with 29,327 shares owned.
Currently, White Pine Investment Co's portfolio is worth at least $340 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at White Pine Investment Co
The White Pine Investment Co office and employees reside in Livonia, Michigan. According to the last 13-F report filed with the SEC, Stefanie Porter serves as the Partner at White Pine Investment Co.
Recent trades
In the most recent 13F filing, White Pine Investment Co revealed that it had opened a new position in
Ishares Msci Eafe Growth Etf and bought 42,240 shares worth $4.32 million.
The investment fund also strengthened its position in Goldman Sachs Activebeta Inter by buying
11,090 additional shares.
This makes their stake in Goldman Sachs Activebeta Inter total 409,845 shares worth $13.8 million.
On the other hand, there are companies that White Pine Investment Co is getting rid of from its portfolio.
White Pine Investment Co closed its position in Laboratory Corp Of America Hol on 24th July 2024.
It sold the previously owned 18,134 shares for $3.96 million.
Stefanie Porter also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%.
This leaves the value of the investment at $31.3 million and 77,037 shares.
One of the smallest hedge funds
The two most similar investment funds to White Pine Investment Co are F&v Capital Management and Pineno Levin & Ford Asset Management. They manage $340 million and $340 million respectively.
Stefanie Porter investment strategy
White Pine Investment Co’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 11.8% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
32% of the total holdings value.
On the other hand, small-cap stocks make up only 6.3% of the portfolio.
The average market cap of the portfolio companies is close to $327 billion.
The complete list of White Pine Investment Co trades based on 13F SEC filings
These positions were updated on July 24th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Berkshire Hathaway Inc. |
2.09%
77,037
|
$31,339,000 | 9.21% |
| Alphabet Inc |
2.12%
98,105
|
$17,870,000 | 5.25% |
| Goldman Sachs Activebeta Inter |
2.78%
409,845
|
$13,791,000 | 4.05% |
| Microsoft Corporation |
1.45%
29,327
|
$13,108,000 | 3.85% |
| Schwab Fundamental U.s. Large |
2.39%
192,589
|
$12,900,000 | 3.79% |
| Ishares Edge Msci Min Vol Usa |
1.22%
151,120
|
$12,688,000 | 3.73% |
| Xtrackers Msci Eafe High Div Yld Eq Etf |
1.98%
516,905
|
$12,602,000 | 3.70% |
| Marathon Petroleum Corp |
2.88%
54,269
|
$9,415,000 | 2.77% |
| Meta Platforms Inc |
6.77%
17,959
|
$9,055,000 | 2.66% |
| Apple Inc |
0.77%
42,729
|
$9,000,000 | 2.64% |
| iShares 1-3 Year Treasury Bond ETF |
4.11%
106,257
|
$8,676,000 | 2.55% |
| Schwab U.s. Large-cap Value Et |
1.93%
115,574
|
$8,562,000 | 2.52% |
| Sprouts Farmers Market Inc |
3.09%
100,751
|
$8,429,000 | 2.48% |
| Goldman Sachs Etf Tr Just Us Lrg Cp |
2.71%
104,172
|
$8,139,000 | 2.39% |
| Ishares Tips Bond Etf |
6.93%
72,982
|
$7,793,000 | 2.29% |
| Jpmorgan Chase Co |
1.76%
37,326
|
$7,550,000 | 2.22% |
| Ishares Core Sp Small-cap Etf |
1.89%
69,008
|
$7,360,000 | 2.16% |
| Amazon.com Inc. |
0.83%
38,084
|
$7,360,000 | 2.16% |
| Schwab International Equity Et |
1.10%
178,853
|
$6,872,000 | 2.02% |
| Invesco Russell 1000 Dynamic Mltfct Etf |
14.50%
123,786
|
$6,498,000 | 1.91% |
| Morgan Stanley |
14.98%
65,287
|
$6,345,000 | 1.86% |
| Goldman Sachs Acss Invmt Grd Corp Bd Etf |
7.29%
138,458
|
$6,265,000 | 1.84% |
| CVS Health Corp |
2.64%
105,209
|
$6,214,000 | 1.83% |
| Chevron Corp. |
14.43%
38,613
|
$6,040,000 | 1.77% |
| Canadian National Railway Co. |
0.25%
47,643
|
$5,628,000 | 1.65% |
| Vaneck Vectors Gold Miners Etf |
1.00%
162,541
|
$5,515,000 | 1.62% |
| Vaneck Vectors Investment Grade Floating Rate Etf |
5.17%
211,381
|
$5,392,000 | 1.58% |
| Ishares Morningstar Large-cap Growth Etf |
0.71%
65,070
|
$5,297,000 | 1.56% |
| Invesco QQQ Trust |
0.82%
10,862
|
$5,204,000 | 1.53% |
| Avantis Us Small Cap Value Etf |
9.47%
55,357
|
$4,967,000 | 1.46% |
| First Trust Water Etf |
0.58%
47,835
|
$4,783,000 | 1.41% |
| Verizon Communications Inc |
0.21%
115,220
|
$4,752,000 | 1.40% |
| Wisdomtree Us Midcap Dividend Etf |
2.27%
100,996
|
$4,724,000 | 1.39% |
| Ishares Msci Eafe Growth Etf |
Opened
42,240
|
$4,321,000 | 1.27% |
| Alps Alerian Mlp Etf |
3.15%
88,805
|
$4,261,000 | 1.25% |
| iShares 7-10 Year Treasury Bond ETF |
3.31%
44,310
|
$4,150,000 | 1.22% |
| Laboratory Corp Of America Hol |
Closed
18,134
|
$3,962,000 | |
| Paypal Holdings Inco |
2.13%
66,802
|
$3,877,000 | 1.14% |
| Laboratory Corp Of America Hol |
Opened
18,769
|
$3,820,000 | 1.12% |
| Starbucks Corp. |
2.75%
40,561
|
$3,158,000 | 0.93% |
| Walt Disney Co/the |
4.00%
30,621
|
$3,040,000 | 0.89% |
| Honeywell International Inc |
Opened
13,914
|
$2,971,000 | 0.87% |
| Invesco Taxable Municipal Bond |
1.38%
97,783
|
$2,580,000 | 0.76% |
| Wisdomtree U.s. Quality Divide |
8.26%
33,038
|
$2,579,000 | 0.76% |
| Ishares 20 Plus Year Treasury Bond Etf |
0.35%
25,257
|
$2,318,000 | 0.68% |
| Paychex Inc. |
Opened
19,245
|
$2,282,000 | 0.67% |
| Pacer Us Cash Cows 100 Etf |
Opened
29,439
|
$1,604,000 | 0.47% |
| Direxion Nasdaq-100 Equal Wtd Etf |
0.77%
16,310
|
$1,447,000 | 0.43% |
| Flexshares Mstar Glbl Upstrm Nat Res Etf |
3.49%
36,030
|
$1,446,000 | 0.42% |
| Marsh Mclennan Companies |
Opened
3,900
|
$822,000 | 0.24% |
| Automatic Data Processing Inc. |
83.67%
3,211
|
$766,000 | 0.23% |
| Enterprise Products Partners L |
No change
25,780
|
$747,000 | 0.22% |
| Johnson Johnson |
77.14%
4,653
|
$680,000 | 0.20% |
| Hartford Multifactor Dev Mkts (exus) Etf |
No change
18,081
|
$499,000 | 0.15% |
| Pfizer Inc. |
Closed
14,644
|
$406,000 | |
| Ford Motor Co. |
2.12%
32,283
|
$405,000 | 0.12% |
| Pimco Enhanced Short Maturity Active Etf |
1.40%
3,872
|
$390,000 | 0.11% |
| Vanguard Ftse Pacific Etf |
Closed
5,085
|
$387,000 | |
| Exxon Mobil Corp. |
Closed
3,100
|
$360,000 | |
| Shopify Inc |
Closed
4,465
|
$345,000 | |
| Wisdomtree Us Dividend Ex-financials Etf |
85.85%
2,864
|
$286,000 | 0.08% |
| BorgWarner Inc |
89.95%
8,200
|
$264,000 | 0.08% |
| Abbvie Inc |
8.26%
1,522
|
$261,000 | 0.08% |
| Schwab Us Broad Market Etf |
11.25%
4,063
|
$255,000 | 0.07% |
| Tesla Inc |
No change
1,281
|
$253,000 | 0.07% |
| Block Inc |
3.18%
3,810
|
$246,000 | 0.07% |
| Stryker Corp. |
No change
690
|
$235,000 | 0.07% |
| Technology Select Sector Spdr |
No change
983
|
$222,000 | 0.07% |
| Spdr Sp Midcap 400 Etf Trust |
Closed
397
|
$221,000 | |
| No transactions found | |||
| Showing first 500 out of 69 holdings | |||
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