White Pine Capital as of Dec. 31, 2025
Portfolio Holdings for White Pine Capital
White Pine Capital holds 219 positions in its portfolio as reported in the December 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| 3M Company (MMM) | 4.3 | $16M | 98k | 160.10 | |
| Microsoft Corporation (MSFT) | 4.1 | $15M | 31k | 483.62 | |
| Apple (AAPL) | 3.9 | $14M | 52k | 271.86 | |
| iShares S&P 500 Index (IVV) | 2.8 | $10M | 15k | 684.96 | |
| Alphabet Inc Class A cs (GOOGL) | 2.3 | $8.3M | 26k | 313.00 | |
| Axt (AXTI) | 1.9 | $6.8M | 415k | 16.35 | |
| Spdr S&p 500 Etf (SPY) | 1.9 | $6.8M | 9.9k | 681.89 | |
| Amazon (AMZN) | 1.9 | $6.7M | 29k | 230.82 | |
| JPMorgan Chase & Co. (JPM) | 1.7 | $6.2M | 19k | 322.21 | |
| General Electric (GE) | 1.7 | $6.1M | 20k | 308.04 | |
| Spdr Gold Trust Fund Gold (GLD) | 1.6 | $5.6M | 14k | 396.30 | |
| Visa (V) | 1.5 | $5.4M | 15k | 350.71 | |
| Johnson & Johnson (JNJ) | 1.5 | $5.4M | 26k | 206.95 | |
| Wal-Mart Stores (WMT) | 1.3 | $4.8M | 43k | 111.41 | |
| Ishares Tr fltg rate nt (FLOT) | 1.3 | $4.8M | 94k | 50.86 | |
| Ishares Tr Pfd And Income Sec PFD (PFF) | 1.3 | $4.6M | 148k | 30.96 | |
| NVIDIA Corporation (NVDA) | 1.2 | $4.5M | 24k | 186.50 | |
| International Business Machines (IBM) | 1.2 | $4.3M | 15k | 296.21 | |
| Alphabet Inc Class C cs (GOOG) | 1.2 | $4.2M | 13k | 313.80 | |
| Wells Fargo & Company (WFC) | 1.1 | $4.1M | 44k | 93.20 | |
| CECO Environmental (CECO) | 1.1 | $3.9M | 65k | 59.85 | |
| Astronics Corporation (ATRO) | 1.1 | $3.8M | 71k | 54.24 | |
| Merck & Co (MRK) | 1.0 | $3.7M | 35k | 105.26 | |
| Standex Int'l (SXI) | 0.9 | $3.3M | 15k | 217.28 | |
| Spdr Ser Tr sp500 high div (SPYD) | 0.9 | $3.2M | 74k | 43.25 | |
| Facebook Inc cl a (META) | 0.8 | $3.0M | 4.6k | 660.09 | |
| Travelers Companies (TRV) | 0.8 | $3.0M | 10k | 290.05 | |
| Adtran Holdings (ADTN) | 0.8 | $3.0M | 341k | 8.69 | |
| iShares MSCI EAFE Index Fund (EFA) | 0.8 | $2.9M | 31k | 96.03 | |
| Chevron Corporation (CVX) | 0.8 | $2.9M | 19k | 152.41 | |
| Emerson Electric (EMR) | 0.8 | $2.9M | 22k | 132.72 | |
| Morgan Stanley (MS) | 0.8 | $2.8M | 16k | 177.53 | |
| Ecolab (ECL) | 0.7 | $2.7M | 10k | 262.51 | |
| Advanced Micro Devices (AMD) | 0.7 | $2.7M | 12k | 214.16 | |
| RadNet (RDNT) | 0.7 | $2.7M | 37k | 71.35 | |
| Genius Sports (GENI) | 0.7 | $2.6M | 240k | 11.02 | |
| Pepsi (PEP) | 0.7 | $2.5M | 18k | 143.52 | |
| Equinix (EQIX) | 0.7 | $2.5M | 3.3k | 766.04 | |
| Citigroup (C) | 0.7 | $2.5M | 21k | 116.69 | |
| Abbott Laboratories (ABT) | 0.7 | $2.4M | 20k | 125.29 | |
| Bank of America Corporation (BAC) | 0.7 | $2.4M | 43k | 55.00 | |
| Exxon Mobil Corporation (XOM) | 0.7 | $2.4M | 20k | 120.34 | |
| Cisco Systems (CSCO) | 0.6 | $2.3M | 30k | 77.03 | |
| Raymond James Financial (RJF) | 0.6 | $2.3M | 14k | 160.59 | |
| Independent Bank (INDB) | 0.6 | $2.2M | 31k | 73.08 | |
| Invesco Preferred Portfolio PFD (PGX) | 0.6 | $2.2M | 196k | 11.24 | |
| Oracle Corporation (ORCL) | 0.6 | $2.2M | 11k | 194.92 | |
| Honeywell International (HON) | 0.6 | $2.2M | 11k | 195.08 | |
| At&t (T) | 0.6 | $2.1M | 86k | 24.84 | |
| Western New England Ban (WNEB) | 0.6 | $2.1M | 165k | 12.62 | |
| Ishares U S Etf Tr Short Matur sht mat bd etf (NEAR) | 0.6 | $2.1M | 41k | 51.10 | |
| Boeing Company (BA) | 0.6 | $2.0M | 9.3k | 217.12 | |
| SPDR DJ Wilshire Large Cap Growth (SPYG) | 0.6 | $2.0M | 19k | 106.70 | |
| Solventum Corp (SOLV) | 0.5 | $2.0M | 25k | 79.24 | |
| Allstate Corporation (ALL) | 0.5 | $1.9M | 9.4k | 208.15 | |
| AngioDynamics (ANGO) | 0.5 | $1.9M | 151k | 12.84 | |
| Sitime Corp (SITM) | 0.5 | $1.9M | 5.3k | 353.19 | |
| NeoGenomics (NEO) | 0.5 | $1.8M | 155k | 11.76 | |
| Ge Vernova (GEV) | 0.5 | $1.8M | 2.8k | 653.57 | |
| Velo3d (VELO) | 0.5 | $1.8M | 130k | 13.74 | |
| Illinois Tool Works (ITW) | 0.5 | $1.8M | 7.2k | 246.30 | |
| Kearny Finl Corp Md (KRNY) | 0.5 | $1.8M | 237k | 7.41 | |
| Natural Gas Services (NGS) | 0.5 | $1.7M | 52k | 33.65 | |
| Donaldson Company (DCI) | 0.5 | $1.7M | 19k | 88.66 | |
| iShares S&P 500 Value Index (IVE) | 0.5 | $1.7M | 8.0k | 212.08 | |
| iShares S&P 500 Growth Index (IVW) | 0.5 | $1.7M | 14k | 123.26 | |
| iShares Russell Midcap Index Fund (IWR) | 0.5 | $1.7M | 18k | 96.27 | |
| Verizon Communications (VZ) | 0.5 | $1.7M | 41k | 40.73 | |
| Arlo Technologies (ARLO) | 0.4 | $1.6M | 117k | 13.99 | |
| SPDR S&P Dividend (SDY) | 0.4 | $1.6M | 11k | 139.16 | |
| McDonald's Corporation (MCD) | 0.4 | $1.6M | 5.1k | 305.63 | |
| Tesla Motors (TSLA) | 0.4 | $1.6M | 3.5k | 449.72 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.4 | $1.6M | 29k | 52.88 | |
| Full House Resorts (FLL) | 0.4 | $1.5M | 593k | 2.61 | |
| MaxLinear (MXL) | 0.4 | $1.5M | 88k | 17.43 | |
| Procter & Gamble Company (PG) | 0.4 | $1.5M | 11k | 143.31 | |
| Axogen (AXGN) | 0.4 | $1.5M | 46k | 32.73 | |
| Vaneck Vectors Etf Tr fallen angel hg (ANGL) | 0.4 | $1.5M | 51k | 29.36 | |
| Xcel Energy (XEL) | 0.4 | $1.5M | 20k | 73.86 | |
| Raytheon Technologies Corp (RTX) | 0.4 | $1.4M | 7.7k | 183.40 | |
| UnitedHealth (UNH) | 0.4 | $1.4M | 4.1k | 330.11 | |
| SPDR DJ Wilshire Large Cap Value (SPYV) | 0.4 | $1.3M | 24k | 56.81 | |
| Postal Realty Trust (PSTL) | 0.4 | $1.3M | 83k | 16.14 | |
| Viavi Solutions Inc equities (VIAV) | 0.4 | $1.3M | 75k | 17.82 | |
| Abbvie (ABBV) | 0.4 | $1.3M | 5.8k | 228.49 | |
| Repro-Med Systems (KRMD) | 0.4 | $1.3M | 221k | 5.81 | |
| Sprott Physical Gold Trust Gold (PHYS) | 0.4 | $1.3M | 39k | 33.02 | |
| Target Corporation (TGT) | 0.3 | $1.2M | 13k | 97.75 | |
| Applied Optoelectronics (AAOI) | 0.3 | $1.2M | 35k | 34.86 | |
| Strawberry Fields Reit (STRW) | 0.3 | $1.2M | 89k | 13.10 | |
| Kraft Heinz (KHC) | 0.3 | $1.2M | 48k | 24.25 | |
| Berkshire Hathaway (BRK.B) | 0.3 | $1.2M | 2.3k | 502.65 | |
| Mitek Systems (MITK) | 0.3 | $1.1M | 108k | 10.55 | |
| Energy Fuels (UUUU) | 0.3 | $1.1M | 78k | 14.54 | |
| Legacy Ed (LGCY) | 0.3 | $1.1M | 109k | 10.19 | |
| SPDR S&P MidCap 400 ETF (MDY) | 0.3 | $1.1M | 1.8k | 603.36 | |
| Ishares High Dividend Equity F (HDV) | 0.3 | $1.1M | 9.0k | 121.61 | |
| iShares Russell 2000 Index (IWM) | 0.3 | $1.1M | 4.4k | 246.16 | |
| iShares Russell 3000 Value Index (IUSV) | 0.3 | $1.1M | 11k | 102.54 | |
| Electromed (ELMD) | 0.3 | $1.0M | 36k | 29.12 | |
| Limoneira Company (LMNR) | 0.3 | $1.0M | 82k | 12.62 | |
| Telos Corp Md (TLS) | 0.3 | $1.0M | 201k | 5.10 | |
| Broadcom (AVGO) | 0.3 | $1.0M | 2.9k | 346.10 | |
| PNC Financial Services (PNC) | 0.3 | $992k | 4.8k | 208.73 | |
| Ambarella (AMBA) | 0.3 | $988k | 14k | 70.84 | |
| Netflix (NFLX) | 0.3 | $959k | 10k | 93.76 | |
| Intel Corporation (INTC) | 0.3 | $937k | 25k | 36.90 | |
| Energy Select Sector SPDR (XLE) | 0.3 | $933k | 21k | 44.71 | |
| Roper Industries (ROP) | 0.3 | $922k | 2.1k | 445.13 | |
| InfuSystem Holdings (INFU) | 0.3 | $912k | 102k | 8.97 | |
| iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) | 0.2 | $899k | 8.4k | 106.70 | |
| Bristol Myers Squibb (BMY) | 0.2 | $887k | 16k | 53.94 | |
| Vaneck Merk Gold Shares Gold (OUNZ) | 0.2 | $872k | 21k | 41.48 | |
| Hubbell (HUBB) | 0.2 | $858k | 1.9k | 444.11 | |
| Red Violet (RDVT) | 0.2 | $850k | 15k | 56.95 | |
| Arteris (AIP) | 0.2 | $821k | 53k | 15.50 | |
| eBay (EBAY) | 0.2 | $805k | 9.2k | 87.10 | |
| iShares IBoxx $ Invest Grade Corp Bd (LQD) | 0.2 | $805k | 7.3k | 110.18 | |
| American Electric Power Company (AEP) | 0.2 | $797k | 6.9k | 115.31 | |
| SPDR DJ Wilshire Mid Cap (SPMD) | 0.2 | $782k | 14k | 57.91 | |
| Eaton Vance Senior Floating Rate Fund (EFR) | 0.2 | $781k | 70k | 11.14 | |
| Walt Disney Company (DIS) | 0.2 | $778k | 6.8k | 113.76 | |
| Utilities SPDR (XLU) | 0.2 | $762k | 18k | 42.69 | |
| Skyworks Solutions (SWKS) | 0.2 | $753k | 12k | 63.41 | |
| Shake Shack Inc cl a (SHAK) | 0.2 | $752k | 9.3k | 81.17 | |
| iShares S&P SmallCap 600 Index (IJR) | 0.2 | $752k | 6.3k | 120.18 | |
| Simon Property (SPG) | 0.2 | $751k | 4.1k | 185.11 | |
| Spdr Ser Tr spdr russel 2000 (SPSM) | 0.2 | $746k | 16k | 46.86 | |
| Danaher Corporation (DHR) | 0.2 | $745k | 3.3k | 228.92 | |
| Coherent Corp (COHR) | 0.2 | $744k | 4.0k | 184.57 | |
| Paypal Holdings (PYPL) | 0.2 | $738k | 13k | 58.38 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.2 | $735k | 13k | 54.71 | |
| Hillman Solutions Corp (HLMN) | 0.2 | $734k | 85k | 8.66 | |
| SPDR KBW Regional Banking (KRE) | 0.2 | $730k | 11k | 64.81 | |
| AeroVironment (AVAV) | 0.2 | $719k | 3.0k | 241.89 | |
| Alliant Energy Corporation (LNT) | 0.2 | $708k | 11k | 65.01 | |
| iShares Russell Midcap Growth Idx. (IWP) | 0.2 | $686k | 5.0k | 136.94 | |
| salesforce (CRM) | 0.2 | $678k | 2.6k | 264.91 | |
| Harmonic (HLIT) | 0.2 | $662k | 67k | 9.89 | |
| Vanguard S&p 500 Etf idx (VOO) | 0.2 | $659k | 1.1k | 627.13 | |
| Enovix Corp (ENVX) | 0.2 | $658k | 90k | 7.31 | |
| Vanguard Emerging Markets ETF (VWO) | 0.2 | $656k | 12k | 53.76 | |
| Winmark Corporation (WINA) | 0.2 | $652k | 1.6k | 404.94 | |
| Ge Healthcare Technologies I (GEHC) | 0.2 | $634k | 7.7k | 82.02 | |
| Medtronic (MDT) | 0.2 | $629k | 6.5k | 96.06 | |
| Centrus Energy Corp cl a (LEU) | 0.2 | $608k | 2.5k | 242.76 | |
| Costco Wholesale Corporation (COST) | 0.2 | $608k | 705.00 | 862.34 | |
| Hormel Foods Corporation (HRL) | 0.2 | $582k | 25k | 23.70 | |
| Enbridge (ENB) | 0.2 | $578k | 12k | 47.83 | |
| U.S. Bancorp (USB) | 0.2 | $577k | 11k | 53.36 | |
| Allied Motion Technologies (ALNT) | 0.2 | $557k | 10k | 53.75 | |
| Wabtec Corporation (WAB) | 0.1 | $543k | 2.5k | 213.41 | |
| Avidia Bancorp (AVBC) | 0.1 | $541k | 32k | 16.81 | |
| C.H. Robinson Worldwide (CHRW) | 0.1 | $540k | 3.4k | 160.76 | |
| Axcelis Technologies (ACLS) | 0.1 | $536k | 6.7k | 80.34 | |
| General Mills (GIS) | 0.1 | $531k | 11k | 46.50 | |
| Moody's Corporation (MCO) | 0.1 | $530k | 1.0k | 510.85 | |
| Invesco Qqq Trust Series 1 (QQQ) | 0.1 | $521k | 849.00 | 613.95 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 0.1 | $510k | 6.3k | 80.63 | |
| Oshkosh Corporation (OSK) | 0.1 | $509k | 4.1k | 125.63 | |
| Aehr Test Systems (AEHR) | 0.1 | $499k | 25k | 20.19 | |
| Home Depot (HD) | 0.1 | $494k | 1.4k | 344.10 | |
| Enterprise Products Partners (EPD) | 0.1 | $489k | 15k | 32.06 | |
| SPDR S&P Emerging Markets Small Cap (EWX) | 0.1 | $486k | 7.4k | 65.66 | |
| Core Molding Technologies (CMT) | 0.1 | $485k | 24k | 20.05 | |
| O'reilly Automotive (ORLY) | 0.1 | $472k | 5.2k | 91.21 | |
| First Watch Restaurant Groupco (FWRG) | 0.1 | $452k | 30k | 15.08 | |
| Kimberly-Clark Corporation (KMB) | 0.1 | $440k | 4.4k | 100.89 | |
| EOG Resources (EOG) | 0.1 | $436k | 4.1k | 105.01 | |
| Duke Energy (DUK) | 0.1 | $430k | 3.7k | 117.21 | |
| Innodata Isogen (INOD) | 0.1 | $417k | 8.2k | 50.95 | |
| Trisalus Life Sciences (TLSI) | 0.1 | $409k | 59k | 6.98 | |
| Vanguard Dividend Appreciation ETF (VIG) | 0.1 | $405k | 1.8k | 219.82 | |
| Serve Robotics (SERV) | 0.1 | $400k | 39k | 10.38 | |
| Kenvue (KVUE) | 0.1 | $398k | 23k | 17.25 | |
| Thermo Fisher Scientific (TMO) | 0.1 | $396k | 683.00 | 579.45 | |
| Ishares Core Msci Eafe Etf core msci eafe (IEFA) | 0.1 | $392k | 4.4k | 89.46 | |
| Labcorp Holdings (LH) | 0.1 | $387k | 1.5k | 250.88 | |
| Amgen (AMGN) | 0.1 | $384k | 1.2k | 327.31 | |
| Gilead Sciences (GILD) | 0.1 | $376k | 3.1k | 122.74 | |
| Lumentum Hldgs (LITE) | 0.1 | $371k | 1.0k | 368.59 | |
| Stryker Corporation (SYK) | 0.1 | $362k | 1.0k | 351.47 | |
| Kinder Morgan (KMI) | 0.1 | $361k | 13k | 27.49 | |
| Eli Lilly & Co. (LLY) | 0.1 | $355k | 330.00 | 1074.68 | |
| Wynn Resorts (WYNN) | 0.1 | $348k | 2.9k | 120.33 | |
| Energy Transfer Equity (ET) | 0.1 | $347k | 21k | 16.49 | |
| Starbucks Corporation (SBUX) | 0.1 | $336k | 4.0k | 84.21 | |
| Goldman Sachs (GS) | 0.1 | $335k | 381.00 | 879.00 | |
| Pfizer (PFE) | 0.1 | $333k | 13k | 24.90 | |
| Lowe's Companies (LOW) | 0.1 | $331k | 1.4k | 241.16 | |
| Nextera Energy (NEE) | 0.1 | $329k | 4.1k | 80.28 | |
| Huntington Bancshares Incorporated (HBAN) | 0.1 | $324k | 19k | 17.35 | |
| Southern Company (SO) | 0.1 | $322k | 3.7k | 87.20 | |
| Cardinal Health (CAH) | 0.1 | $321k | 1.6k | 205.43 | |
| Air Products & Chemicals (APD) | 0.1 | $311k | 1.3k | 247.02 | |
| General Dynamics Corporation (GD) | 0.1 | $298k | 885.00 | 336.66 | |
| Public Storage (PSA) | 0.1 | $288k | 1.1k | 259.50 | |
| iShares Dow Jones US Technology (IYW) | 0.1 | $286k | 1.4k | 199.68 | |
| Tennant Company (TNC) | 0.1 | $284k | 3.9k | 73.70 | |
| Coca-Cola Company (KO) | 0.1 | $273k | 3.9k | 69.91 | |
| iShares MSCI EMU Index (EZU) | 0.1 | $262k | 4.1k | 64.10 | |
| ConocoPhillips (COP) | 0.1 | $259k | 2.8k | 93.61 | |
| Telus Ord (TU) | 0.1 | $255k | 19k | 13.17 | |
| MetLife (MET) | 0.1 | $253k | 3.2k | 78.94 | |
| United Parcel Service (UPS) | 0.1 | $251k | 2.5k | 99.19 | |
| Marathon Petroleum Corp (MPC) | 0.1 | $246k | 1.5k | 162.63 | |
| International Flavors & Fragrances (IFF) | 0.1 | $245k | 3.6k | 67.40 | |
| Colgate-Palmolive Company (CL) | 0.1 | $242k | 3.1k | 79.01 | |
| Warner Bros. Discovery (WBD) | 0.1 | $232k | 8.1k | 28.82 | |
| Freeport-McMoRan Copper & Gold (FCX) | 0.1 | $231k | 4.6k | 50.79 | |
| Timken Company (TKR) | 0.1 | $229k | 2.7k | 84.13 | |
| United Rentals (URI) | 0.1 | $223k | 276.00 | 808.17 | |
| CVS Caremark Corporation (CVS) | 0.1 | $221k | 2.8k | 79.36 | |
| Texas Instruments Incorporated (TXN) | 0.1 | $214k | 1.2k | 173.49 | |
| Cigna Corp (CI) | 0.1 | $210k | 761.00 | 275.23 | |
| Yum! Brands (YUM) | 0.1 | $204k | 1.4k | 151.28 | |
| D.R. Horton (DHI) | 0.1 | $204k | 1.4k | 144.03 | |
| Ribbon Communication (RBBN) | 0.0 | $38k | 13k | 2.88 | |
| Moving Image Technologies In (MITQ) | 0.0 | $20k | 30k | 0.66 |