WHITE PINE CAPITAL LLC

CIK

1137429

Location

BLOOMINGTON, MN

Portfolio Value

Micro $4,712,299

Diversification

Diversified

Filing Date

Global Rank

#3,129 / 8,232 ▲ 153

Top Industry

Conglomerates 6.0%

3Y Alpha vs SPY

+4.0%

Period ended 2 months ago

Filed May 11, 2026 · 34d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+94.5%

SPY

+76.3%

Annualised alpha

+4.0%

Max drawdown

−19.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

191 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.8%

−0.4 pts

Top 5

17.9%

−1.9 pts

Top 10

27.9%

−2.3 pts

HHI

142

Diversified−16

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	22.4%	$65,929,901	35
Industrials	18.5%	$54,431,051	29
Financial Services	14.5%	$42,788,968	24
Healthcare	10.9%	$32,014,720	27
Communication Services	6.7%	$19,659,975	9
Consumer Defensive	6.3%	$18,564,693	16
Consumer Cyclical	5.4%	$15,912,723	16
Unclassified	5.0%	$14,666,017	5
Energy	4.9%	$14,366,041	13
Real Estate	2.6%	$7,521,070	5
Utilities	1.6%	$4,712,299	6
Basic Materials	1.5%	$4,281,356	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
EFR	Eaton Vance Senior Floating-Rate Trust	+132,544	202,651	$2,135,941
TLSI	TriSalus Life Sciences, Inc.	+105,259	163,810	$655,240
AVBC	Avidia Bancorp, Inc.	+41,689	73,878	$1,453,180
ELMD	Electromed, Inc.	+26,561	62,264	$1,457,600
STRW	Strawberry Fields REIT, Inc.	+22,560	111,451	$1,326,266
LMNR	Limoneira CO	+15,393	97,625	$1,310,127
INFU	InfuSystem Holdings, Inc	+13,950	115,611	$1,067,089
TNC	Tennant Co	+13,499	17,349	$1,151,973
NFLX	Netflix Inc	+13,122	23,346	$2,244,717
ARLO	Arlo Technologies, Inc.	+12,096	128,629	$1,830,390
FWRG	First Watch Restaurant Group, Inc.	+11,642	41,631	$436,292
GENI	Genius Sports Ltd	+8,114	247,802	$1,097,762
VZ	Verizon Communications Inc	+7,084	48,189	$2,419,087
PSTL	Postal Realty Trust, Inc.	+6,860	90,130	$1,672,812
UPS	United Parcel Service Inc	+4,065	6,600	$649,308
BMY	Bristol Myers Squibb Co	+3,248	19,683	$1,193,773
HRL	Hormel Foods Corp /De/	+3,210	27,761	$628,786
SERV	Serve Robotics Inc. /DE/	+3,022	41,591	$351,028
GIS	General Mills Inc	+3,000	14,413	$536,451
PFE	Pfizer Inc	+2,925	16,316	$458,153
EPD	Enterprise Products Partners L.P.	+2,550	17,786	$673,022
HLMN	Hillman Solutions Corp.	+2,382	87,166	$725,221
KRNY	Kearny Financial Corp.	+1,801	239,157	$1,805,635
SPG	Simon Property Group Inc.	+1,632	5,689	$1,061,169
DUK	Duke Energy CORP	+1,365	5,033	$659,021
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AXTI	Axt Inc	−316,772	98,119	$5,590,820
FLL	Full House Resorts Inc	−92,188	500,273	$1,125,614
VELO	Velo3D, Inc.	−87,396	42,246	$396,689
ADTN	ADTRAN Holdings, Inc.	−46,132	294,369	$3,703,162
TLS	Telos Corp	−44,600	155,896	$653,204
KRMD	KORU Medical Systems, Inc.	−38,654	182,545	$788,594
VIAV	Viavi Solutions Inc.	−36,766	38,555	$1,283,110
WNEB	Western New England Bancorp, Inc.	−30,067	134,523	$1,739,382
NEO	Neogenomics Inc	−26,321	128,860	$956,141
ANGO	Angiodynamics Inc	−25,909	124,615	$1,416,872
ATRO	Astronics Corp	−25,304	45,539	$3,038,817
AAOI	Applied Optoelectronics, Inc.	−20,465	14,311	$1,210,567
LGCY	Legacy Education Inc.	−19,141	90,067	$1,127,638
ENVX	Enovix Corp	−17,194	72,867	$377,451
MXL	Maxlinear, Inc	−16,473	71,330	$1,240,428
UUUU	Energy Fuels Inc	−13,714	63,746	$1,163,364
NGS	Natural Gas Services Group Inc	−13,292	38,363	$1,447,819
MITK	Mitek Systems Inc	−11,804	95,773	$1,292,935
HLIT	Harmonic Inc.	−11,425	55,471	$498,129
AEHR	Aehr Test Systems	−10,163	14,538	$539,069
CECO	Ceco Environmental Corp	−7,776	56,707	$3,378,603
AXGN	Axogen, Inc.	−7,413	38,494	$1,275,306
AIP	Arteris, Inc.	−6,888	46,103	$757,933
INDB	Independent Bank Corp	−5,212	25,301	$1,902,888
RDNT	RadNet, Inc.	−4,994	32,187	$1,798,931
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
BBY	Best Buy Co Inc	9,287	$596,225
BCHT	Birchtech Corp.	289,173	$549,428
APA	APA Corp	7,187	$305,016
DAR	Darling Ingredients Inc.	4,770	$295,024
MTZ	Mastec Inc	900	$289,566
TFC	Truist Financial Corp	6,055	$278,348
DUOT	Duos Technologies Group, Inc.	35,612	$244,298
CSX	Csx Corp	5,492	$225,446
SOLS	Solstice Advanced Materials Inc.	2,866	$218,274
HAIN	Hain Celestial Group Inc	32,000	$22,400
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
CVS	CVS HEALTH Corp	2,787	$221,176
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $4,712,299 total · Utilities only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
XEL	Xcel Energy Inc Utilities	Reduced	19,665	-525	$1,562,187	+4.8%	33.15%
AEP	American Electric Power Co Inc Utilities	Added	7,306	+393	$957,670	+20.1%	20.32%
LNT	Alliant Energy Corp Utilities	Held	10,889	0	$781,394	+10.4%	16.58%
DUK	Duke Energy CORP Utilities	Added	5,033	+1,365	$659,021	+53.3%	13.99%
NEE	Nextera Energy Inc Utilities	Held	4,099	0	$380,715	+15.7%	8.08%
SO	Southern Co Utilities	Added	3,847	+150	$371,312	+15.2%	7.88%