White Pine Investment CO

RIA/Wealth

White Pine Investment CO is a RIA/Wealth based in Livonia, MI led by Anthony Joseph Digiovanni, reporting $465.8M in AUM as of Q3 2025 with 53% ETF concentration.

CIOAnthony Joseph Digiovanni

Portfolio Value: $390.0M
Positions: 64
Top Holding: BRK.B at 9.15%
Last Reported: Q3 2025

Address17199 Laurel Park Dr North, Suite 220, Livonia, MI, 48152, United States

Top Holdings

Largest long holdings in White Pine Investment CO's portfolio (40.3% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Berkshire Hathaway BRK.B	Insurance - Diversified Financial Services	$35.7M	9.15%	-$404.2K Sold	0.00% 71.0K shares	Q4 2019 Held for 5y 11m
2 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$21.7M	5.56%	-$595.1K Sold	0.00% 89.2K shares	Q2 2018 Held for 7y 5m
3 Schwab Fundamental U.S. Large Company FNDX	ETF ETF	$15.5M	3.97%	+$36.3K Bought	— 589.0K shares	Q4 2014 Held for 10y 11m
4 Microsoft MSFT	Software - Infrastructure Technology	$13.9M	3.57%	-$240.3K Sold	0.00% 26.9K shares	≤ Q2 2013 Held for 12y 5m+
5 VanEck IG Floating Rate FLTR	ETF ETF	$13.4M	3.42%	+$1.0M Bought	— 522.3K shares	Q2 2019 Held for 6y 5m
6 iShares MSCI USA Min Vol Factor USMV	ETF ETF	$12.4M	3.17%	-$210.0K Sold	— 130.0K shares	Q4 2019 Held for 5y 11m
7 VanEck Gold Miners GDX	ETF ETF	$12.1M	3.09%	+$54.6K Bought	— 157.8K shares	Q1 2016 Held for 9y 8m
8 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$11.7M	2.99%	-$199.8K Sold	0.00% 15.9K shares	Q2 2020 Held for 5y 5m
9 Apple AAPL	Consumer Electronics Technology	$10.7M	2.75%	-$131.9K Sold	0.00% 42.1K shares	≤ Q2 2013 Held for 12y 5m+
10 SCHR Schwab Intermediately-Term U.S. Treasury SCHR	ETF ETF	$10.2M	2.62%	+$1.1M Bought	— 406.6K shares	Q1 2025 Held for 8 months

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in White Pine Investment CO's latest filing

See all changes

GthenC

Market Value

$390.0M

Prior: $370.0M

Q/Q Change

+5.42%

+$20.1M

Net Flows % of MV

-0.174%

Turnover Ratio

3.35%

New Purchases

2 stocks

$7.6M

Added To

28 stocks

+$5.2M

Sold Out Of

0 stocks

Reduced Holdings

27 stocks

-$13.4M

Increased Positions

Position	Shares Δ	Change
1 Janus Henderson AAA CLO JAAA	New	0 → 93.7K +$4.8M
2 Avantis Emerging Markets Equity AVEM	New	0 → 37.3K +$2.8M
3 iShares 7-10 Year Treasury Bond IEF	+12.65%	58.6K → 66.0K +$714.3K
4 SCHR Schwab Intermediately-Term U.S. Treasury SCHR	+11.94%	363.2K → 406.6K +$1.1M
5 VanEck IG Floating Rate FLTR	+8.23%	482.5K → 522.3K +$1.0M

Decreased Positions

Position	Shares Δ	Change
1 Invesco Russell 1000 Dynamic Multifactor OMFL	-58.02%	109.7K → 46.1K −$3.8M
2 Starbucks SBUX	-54.05%	6.5K → 3.0K −$297.6K
3 iShares 1-3 Year Treasury Bond SHY	-52.8%	131.0K → 61.8K −$5.7M
4 Morgan Stanley MS	-5.46%	56.0K → 53.0K −$486.1K
5 Marsh & McLennan Companies MMC	-4.57%	3.2K → 3.1K −$29.8K