Latest WHITE PINE CAPITAL LLC Stock Portfolio

WHITE PINE CAPITAL LLC Performance:

2025 Q2: 5.62%YTD: 1.66%2024: 15.07%

Performance for 2025 Q2 is 5.62%, and YTD is 1.66%, and 2024 is 15.07%.

About WHITE PINE CAPITAL LLC and 13F Hedge Fund Stock Holdings

WHITE PINE CAPITAL LLC is a hedge fund based in GOLDEN VALLEY, MN. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $324.6 Millions. In it's latest 13F Holdings report, WHITE PINE CAPITAL LLC reported an equity portfolio of $315.1 Millions as of 30 Jun, 2025.

The top stock holdings of WHITE PINE CAPITAL LLC are MSFT, MMM, AAPL. The fund has invested 4.8% of it's portfolio in MICROSOFT CORP COM and 4.7% of portfolio in 3M CO.

The fund managers got completely rid off ATLANTIC UNION BANKSHARES CO (AUB), FARO TECHNOLOGIES, INC (FARO) and PEBBLEBROOK HOTEL TRUST (PEB) stocks. They significantly reduced their stock positions in AXOGEN INC (AXGN), LIMONEIRA CO (LMNR) and WYNN RESORTS LTD (WYNN). WHITE PINE CAPITAL LLC opened new stock positions in AVIAT NETWORKS INC COM (AVNW), CLEARFIELD INC (CLFD) and DUKE ENERGY CORP COM (DUK). The fund showed a lot of confidence in some stocks as they added substantially to OREILLY AUTOMOTIVE INC NEW (ORLY), ENERGY FUELS INC (UUUU) and KEARNY FINANCIAL CORP (KRNY).

WHITE PINE CAPITAL LLC Annual Return Estimates Vs S&P 500

Our best estimate is that WHITE PINE CAPITAL LLC made a return of 5.62% in the last quarter. In trailing 12 months, it's portfolio return was 10.38%.

New Buys

Ticker	$ Bought
aviat networks inc com	676,118
clearfield inc	341,941
duke energy corp com	230,572
ishares msci eurozone etf	215,031
ishares core s&p mid cap	206,837

New stocks bought by WHITE PINE CAPITAL LLC

Additions

Ticker	% Inc.
oreilly automotive inc new	1,400
energy fuels inc	180
kearny financial corp	123
ishares iboxx inv grade corp b	115
maxlinear inc cl a	94.37
broadcom inc	77.61
titan machinery	75.41
meta platforms inc	64.48

Additions to existing portfolio by WHITE PINE CAPITAL LLC

Reductions

Ticker	% Reduced
axogen inc	-50.69
limoneira co	-41.5
wynn resorts ltd	-34.54
neogenomics inc	-29.56
codexis inc	-29.39
pfizer inc com	-26.05
full house resorts inc	-17.87
ishares tips bond etf	-15.67

WHITE PINE CAPITAL LLC reduced stake in above stock

Sold off

Ticker	$ Sold
pebblebrook hotel trust	-316,309
sonos, inc	-279,874
atlantic union bankshares co	-608,912
faro technologies, inc	-369,642
warner bros discovery inc	-116,174
csx corp com	-200,359
cvs health corporation	-215,919
timken company	-201,164

WHITE PINE CAPITAL LLC got rid off the above stocks

Sector Distribution

WHITE PINE CAPITAL LLC has about 22.4% of it's holdings in Others sector.

Sector	%
Others	22.4
Technology	19.2
Industrials	14.6
Financial Services	11.7
Healthcare	7.1
Communication Services	5.9
Consumer Defensive	5
Consumer Cyclical	4.9
Energy	3.2
Utilities	2.5
Real Estate	1.7
Basic Materials	1.2

Market Cap. Distribution

WHITE PINE CAPITAL LLC has about 59.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	30.2
MEGA-CAP	29
UNALLOCATED	22.2
SMALL-CAP	9.9
MID-CAP	4.4
MICRO-CAP	4.3

Stocks belong to which Index?

About 72.8% of the stocks held by WHITE PINE CAPITAL LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	58.8
Others	27.1
RUSSELL 2000	14

Top 5 Winners (%)		%
AMPS	ishares core high dividend etf	222.9 %
AVAV	aerovironment inc	139.1 %
RDW	redwire corp	94.3 %
AEHR	aehr test systems	77.1 %
ARLO	arlo technologies, inc	70.9 %

Top 5 Winners ($)		$
MSFT	microsoft corp com	3.7 M
AMPS	ishares core high dividend etf	2.6 M
GE	ge aerospace	1.1 M
NVDA	nvidia corp	1.0 M
IJR	ishares core s&p 500 index fun	0.9 M

Top 5 Losers (%)		%
ORLY	oreilly automotive inc new	-93.5 %
AXGN	axogen inc	-39.9 %
UNH	unitedhealth group inc	-36.7 %
BMY	bristol myers squibb com	-24.1 %
NEO	neogenomics inc	-22.7 %

Top 5 Losers ($)		$
ORLY	oreilly automotive inc new	-6.7 M
AAPL	apple inc	-0.9 M
AXGN	axogen inc	-0.7 M
CVX	chevron corporation	-0.5 M
MRK	merck & co inc (new)	-0.4 M

WHITE PINE CAPITAL LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of WHITE PINE CAPITAL LLC

WHITE PINE CAPITAL LLC has 219 stocks in it's portfolio. About 26.5% of the portfolio is in top 10 stocks. ORLY proved to be the most loss making stock for the portfolio. MSFT was the most profitable stock for WHITE PINE CAPITAL LLC last quarter.

Last Reported on: 12 Aug, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	MSFT	microsoft corp com	4.82	30,545	15,193,500	reduced	-0.32
Historical Trend of MICROSOFT CORP COM Position Held By WHITE PINE CAPITAL LLC What % of Portfolio is MSFT?: Number of MSFT shares held: Change in No. of Shares Held:
	MMM	3m co	4.73	97,909	14,905,700	added	0.14

	AAPL	apple inc	3.40	52,272	10,724,600	reduced	-1.88

	IJR	ishares core s&p 500 index fun	3.05	15,485	9,614,860	added	4.22

	AMZN	amazon.com inc	2.00	28,797	6,317,770	added	6.42

	SPY	spdr s&p 500 etf trust	1.94	9,916	6,126,300	added	0.92

	JPM	jpmorgan chase & co	1.78	19,360	5,612,510	added	0.91

	V	visa inc class a	1.70	15,042	5,340,540	reduced	-0.53

	GE	ge aerospace	1.61	19,716	5,074,810	added	0.23

	GOOG	alphabet inc cl a	1.49	26,648	4,696,180	added	0.55

	AAXJ	ishares tr pfd and income sec	1.40	144,102	4,421,040	added	2.46

	GLD	spdr gold trust fund	1.39	14,323	4,365,960	reduced	-1.99

	IBM	international bus mach com	1.37	14,669	4,324,130	reduced	-0.12

	AMPS	ishares floating rate bond etf	1.33	82,125	4,190,020	added	16.29

	WMT	walmart inc	1.32	42,709	4,176,090	added	1.01

		eaton vance senior floating-ra	1.31	340,910	4,131,830	reduced	-0.4

	JNJ	johnson & johnson com	1.28	26,316	4,019,710	reduced	-0.16

	WFC	wells fargo & company	1.07	41,932	3,359,620	reduced	-1.59

	NVDA	nvidia corp	1.06	21,153	3,341,960	added	8.74

	META	meta platforms inc	1.05	4,464	3,294,830	added	64.48