Q2 2026 13F · SEC CIK 1137429

White Pine Capital LLC

Wealth managerFiled 2026-08-05 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $423.2M
Reported positions: 240
Top holdings a year, 3 yrs: +23.6%
Assets under management: $430.6M

White Pine Capital LLC is a wealth manager that reported 240 positions worth $423.2M in its Q2 2026 13F, filed 2026-08-05. Its largest holdings were 3m Co Com (MMM, 3.7%), Apple Inc (AAPL, 3.5%), Ishares Core S&p 500 ETF (IVV, 2.8%). A portfolio copying its top holdings returned 23.6% a year over the last 3 years, against 20.4% for the S&P 500.

White Pine Capital LLC holdings largest 50 of 240 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

White Pine Capital LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MMM3m Co Com	3.7%	4.0%	97,443	-0.4%	$15.8M
AAPLApple Inc	3.5%	3.7%	51,475	-0.7%	$14.9M
IVVIshares Core S&p 500 ETF	2.8%	2.8%	15,977	+5.6%	$12.0M
MSFTMicrosoft Corp	2.7%	3.2%	30,462	-1.4%	$11.4M
GOOGLAlphabet Inc	2.3%	2.1%	26,885	+1.4%	$9.6M
GEGe Aerospace	1.7%	1.6%	19,388	-1.0%	$7.2M
SPYSpdr S&p 500 ETF Tr	1.7%	1.7%	9,611	+2.9%	$7.2M
AMDAdvanced Micro Devices Inc	1.7%	0.7%	12,238	-1.4%	$7.1M
AMZNAmazon Com Inc Com	1.7%	1.7%	29,801	+0.4%	$7.1M
JNJJohnson & Johnson	1.5%	1.8%	25,431	-1.4%	$6.5M
JPMJpmorgan Chase & Co	1.5%	1.6%	19,172	-0.5%	$6.3M
CECOCeco Environmental Corp	1.3%	1.0%	61,372	+8.2%	$5.6M
SXIStandex Intl Corp	1.2%	1.0%	14,781	+9.6%	$5.3M
GLDSpdr Gold Shares	1.2%	1.7%	13,821	-2.9%	$5.1M
VVisa Inc Com Cl A	1.2%	1.3%	14,798	-2.6%	$5.1M
NVDANvidia Corporation Com	1.2%	1.2%	24,735	+3.0%	$4.9M
WMTWalmart Inc	1.1%	1.5%	42,794	-0.9%	$4.8M
GOOGAlphabet Inc	1.0%	1.1%	12,561	-6.3%	$4.4M
MRKMerck & Co. Inc	1.0%	1.2%	34,201	-2.1%	$4.4M
CSCOCisco Sys Inc	1.0%	0.7%	35,937	+18.1%	$4.2M
ATROAstronics Corp	1.0%	0.9%	50,391	+10.7%	$4.1M
IBMInternational Business Machs	1.0%	1.0%	14,492	-1.8%	$4.1M
MXLMaxlinear Inc	0.9%	—	31,162	—	$4.0M
PFFIshares Tr	0.9%	1.2%	127,304	-6.3%	$3.9M
ADTNAdtran Holdings Inc Com	0.9%	1.0%	279,072	-5.2%	$3.9M
FLOTIshares Tr	0.9%	1.4%	73,315	-22.7%	$3.7M
INTCIntel Corp	0.8%	—	25,508	—	$3.6M
WFCWells Fargo Co New	0.8%	1.0%	42,834	-2.2%	$3.5M
SPYDSpdr Series Trust	0.8%	0.9%	73,626	+0.3%	$3.5M
EQIXEquinix Inc	0.8%	0.9%	3,215	-1.7%	$3.4M
EFAiShs MSCI EAFE	0.8%	0.9%	31,548	+0.9%	$3.3M
AXTIAxt Inc	0.8%	1.6%	45,288	-53.8%	$3.3M
MSMorgan Stanley Com New	0.8%	0.7%	15,485	-0.4%	$3.2M
TRVTravelers Companies Inc	0.8%	0.8%	9,779	-3.6%	$3.2M
INDBIndependent Bk Corp Mass	0.8%	0.5%	38,160	+50.8%	$3.2M
GENIGenius Sports Ltd	0.8%	—	525,215	—	$3.2M
GEVGe Vernova Inc	0.7%	0.7%	2,692	-3.1%	$3.2M
EMREmerson Elec Co Com	0.7%	0.8%	21,585	-0.8%	$3.1M
CCitigroup Inc Com New	0.7%	0.7%	21,420	+0.4%	$3.0M
ELMDElectromed Inc	0.7%	—	70,000	—	$3.0M
ARLOArlo Technologies Inc	0.7%	—	218,648	—	$2.9M
ECLEcolab Inc	0.7%	0.8%	10,061	-1.6%	$2.8M
TNCTennant Co	0.7%	—	31,876	—	$2.8M
CVXChevron Corp New	0.7%	1.1%	16,827	-12.2%	$2.8M
METAMeta Platforms Inc Class A	0.6%	0.8%	4,670	-1.0%	$2.6M
KRNYKearny Financial Corp	0.6%	—	277,770	—	$2.6M
PSTLPostal Realty Trust Inc Cl A	0.6%	—	103,277	—	$2.5M
TLSITrisalus Life Sciences Inc	0.6%	—	547,577	—	$2.5M
IWRIshares Russell Midcap ETF	0.6%	—	22,365	—	$2.5M
AMBAAmbarella Inc	0.6%	—	28,652	—	$2.5M

What White Pine Capital LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +38.5% /yr; S&P 500 +20.1%
3 years: +23.6% /yr; S&P 500 +20.4%
5 years: +10.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$423.2M	240
Q1 2026	$355.2M	228
Q4 2025	$363.4M	219
Q3 2025	$349.2M	225
Q2 2025	$315.1M	221
Q1 2025	$288.7M	225
Q4 2024	$296.8M	218
Q3 2024	$292.7M	215
Q2 2024	$263.9M	210
Q1 2024	$262.9M	211
Q4 2023	$259.5M	202
Q3 2023	$249.2M	206

Questions about White Pine Capital LLC's portfolio

What stocks does White Pine Capital LLC own?

White Pine Capital LLC's latest 13F, for Q2 2026 and filed Aug 5, 2026, lists 240 positions worth $423.2M. The largest are 3m Co Com (MMM) at 3.7%, Apple Inc (AAPL) at 3.5%, Ishares Core S&p 500 ETF (IVV) at 2.8%, Microsoft Corp (MSFT) at 2.7% and Alphabet Inc (GOOGL) at 2.3%.

What did White Pine Capital LLC buy last quarter?

In Q2 2026, White Pine Capital LLC added Independent Bk Corp Mass (INDB) (+50.8% shares), Cisco Sys Inc (CSCO) (+18.1% shares) and Astronics Corp (ATRO) (+10.7% shares), compared with its Q1 2026 filing.

What did White Pine Capital LLC sell last quarter?

In Q2 2026, White Pine Capital LLC cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Honeywell Intl Inc (HON), cut from its top 50 At&t Inc Com (T), cut from its top 50 Verizon Communications Inc Com (VZ), Axt Inc (AXTI) (-53.8% shares), Ishares Tr (FLOT) (-22.7% shares) and Chevron Corp New (CVX) (-12.2% shares), compared with its Q1 2026 filing.

How has White Pine Capital LLC's portfolio performed?

A portfolio copying White Pine Capital LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +23.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +38.5% against +20.1%. Over 5 years: +10.1% a year against +11.6%.

When is White Pine Capital LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. White Pine Capital LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does White Pine Capital LLC manage?

White Pine Capital LLC reported $430.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $423.2M.