WPIC

White Pine Investment Company Portfolio holdings

AUM $371M

AUM

$371M

AUM Growth

+$1.21M (+0.3%)

Cap. Flow

-$192K

Cap. Flow % of AUM

-0.05%

Top 10 Holdings %Top 10 Hldgs %

39.54%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Schwab Intermediately-Term US Treasury ETF SCHR	$1.58M
2	Schwab US Mid-Cap ETF SCHM	$852K
3	Pacer US Cash Cows 100 ETF COWZ	$773K
4	VanEck IG Floating Rate ETF FLTR	$577K
5	iShares 1-3 Year Treasury Bond ETF SHY	$455K

Top Sells

1	Sprouts Farmers Market SFM	$1.21M
2	Berkshire Hathaway Class B BRK.B	$747K
3	JPMorgan Chase JPM	$536K
4	Alphabet (Google) Class A GOOGL	$533K
5	PayPal PYPL	$532K

Sector Composition

1	Financials	15.73%
2	Communication Services	8.35%
3	Technology	6.7%
4	Energy	4.22%
5	Consumer Staples	3.42%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Invesco Russell 1000 Dynamic Multifactor ETF OMFL $4.88B	$6.12M	1.65%	114,801 -5,969	-5%	-$318K
27	27 Schwab US Mid-Cap ETF SCHM $11.4B	$5.77M	1.55%	220,231 +32,514	+17%	+$852K
28	28 WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW $15.4B	$5.75M	1.55%	71,983 +4,579	+7%	+$366K
29	29 Invesco QQQ Trust QQQ $341B	$5.74M	1.55%	12,243 +205	+2%	+$96.1K
30	30 iShares Morningstar Growth ETF ILCG $2.59B	$5.54M	1.49%	68,424 -567	-0.8%	-$45.9K
31	31 iShares MSCI EAFE Growth ETF EFG $13.2B	$5.52M	1.49%	55,232 +3,119	+6%	+$312K
32	32 Avantis US Small Cap Value ETF AVUV $15.5B	$5.33M	1.44%	61,169 +1,657	+3%	+$144K
33	33 iShares 7-10 Year Treasury Bond ETF IEF $34.6B	$5.24M	1.41%	54,980 +3,578	+7%	+$341K
34	34 Pacer US Cash Cows 100 ETF COWZ $21.4B	$5.24M	1.41%	95,656 +14,117	+17%	+$773K
35	35 Canadian National Railway CNI $65.8B	$5.08M	1.37%	52,079 +2,249	+5%	+$219K
36	36 First Trust Water ETF FIW $1.85B	$4.9M	1.32%	48,618 +100	+0.2%	+$10.1K
37	37 Verizon VZ $185B	$4.79M	1.29%	105,482 -4,767	-4%	-$216K
38	38 Alerian MLP ETF AMLP $10.4B	$4.69M	1.26%	90,309 -186	-0.2%	-$9.66K
39	39 Labcorp LH $20.7B	$4.44M	1.19%	19,065 -36	-0.2%	-$8.38K
40	40 Paychex PAYX $56.7B	$3.84M	1.03%	24,869 -218	-0.9%	-$33.6K
41	41 Honeywell HON $145B	$3.83M	1.03%	18,065 +851	+5%	+$180K
42	42 Invesco Taxable Municipal Bond ETF BAB $913M	$3.23M	0.87%	120,964 +9,063	+8%	+$242K
43	43 PayPal PYPL $71.4B	$3.14M	0.84%	48,047 -8,152	-15%	-$532K
44	44 Direxion NASDAQ-100 Equal Weighted Index Shares QQQE $1.17B	$2.94M	0.79%	33,675 +2,367	+8%	+$206K
45	45 Walt Disney DIS $205B	$2.34M	0.63%	23,659 -2,836	-11%	-$280K
46	46 Energy Select Sector SPDR Fund XLE $26.7B	$1.78M	0.48%	19,068 +1,715	+10%	+$160K
47	47 Schwab Intermediately-Term US Treasury ETF SCHR $10.8B	$1.58M	0.43%	63,639	New	+$1.58M
48	48 Schwab International Equity ETF SCHF $48.2B	$1.36M	0.37%	68,598 -16,597	-19%	-$328K
49	49 Starbucks SBUX $102B	$944K	0.25%	9,627 -3,278	-25%	-$321K
50	50 Enterprise Products Partners EPD $68.2B	$880K	0.24%	25,780	–	–