White Pine Capital 13FHR Quarterly holdings report by institutional manager | SEC 12 Nov 24

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ISHARES TIPS BOND ETF	COM	464287176	475,756	4,307	SH		SOLE		0	0	4,307
ISHARES FLOATING RATE BOND ETF	COM	46429B655	4,943,190	96,849	SH		SOLE		0	0	96,849
ISHARES IBOXX HIGH YLD CORPORA	COM	464288513	313,411	3,903	SH		SOLE		0	0	3,903
ISHARES IBOXX INV GRADE CORP B	COM	464287242	479,657	4,246	SH		SOLE		0	0	4,246
ISHARES SHORT TERM CORPORATE B	COM	464288646	1,078,319	20,477	SH		SOLE		0	0	20,477
ISHARES CALIFORNIA MUNI BOND E	COM	464288356	406,770	7,000	SH		SOLE		0	0	7,000
BLACKROCK ISHARES SHORT MATURI	COM	46431W507	1,000,205	19,520	SH		SOLE		0	0	19,520
EATON VANCE SENIOR FLOATING-RA	COM	27828Q105	4,650,088	364,713	SH		SOLE		0	0	364,713
VANECK FALLEN ANGEL HIGH YLD	COM	92189F437	1,013,469	34,460	SH		SOLE		0	0	34,460
INNOVATOR ETFS TR II S&P HIGH	PFD	45783Y822	352,796	17,954	SH		SOLE		0	0	17,954
INVESCO PREFERRED PORTFOLIO	PFD	46138E511	2,360,283	191,116	SH		SOLE		0	0	191,116
ISHARES TR PFD AND INCOME SEC	PFD	464288687	4,009,008	120,644	SH		SOLE		0	0	120,644
3M CO	COM	88579Y101	13,377,872	97,863	SH		SOLE		0	0	97,863
ABBOTT LABS COM	COM	002824100	2,228,344	19,545	SH		SOLE		0	0	19,545
ABBVIE INC	COM	00287Y109	1,118,329	5,663	SH		SOLE		0	0	5,663
ABERCROMBIE & FITCH CO CL A	COM	002896207	366,258	2,618	SH		SOLE		0	0	2,618
ADTRAN HOLDINGS INC COM	COM	00486H105	1,670,588	281,718	SH		SOLE		0	0	281,718
ADVANCED MICRO DEVICES	COM	007903107	841,566	5,129	SH		SOLE		0	0	5,129
AEROVIRONMENT INC	COM	008073108	599,896	2,992	SH		SOLE		0	0	2,992
AIR PRODUCTS & CHEMICAL	COM	009158106	357,288	1,200	SH		SOLE		0	0	1,200
ALLIANT ENERGY CORP	COM	018802108	663,262	10,929	SH		SOLE		0	0	10,929
ALLSTATE CORP COM	COM	020002101	1,827,436	9,636	SH		SOLE		0	0	9,636
ALPHABET INC CL A	COM	02079K305	4,435,327	26,743	SH		SOLE		0	0	26,743
ALPHABET INC CL C	COM	02079K107	2,331,632	13,946	SH		SOLE		0	0	13,946
AMAZON.COM INC	COM	023135106	5,047,121	27,087	SH		SOLE		0	0	27,087
AMBARELLA INC	COM	G037AX101	791,137	14,026	SH		SOLE		0	0	14,026
AMERICAN OUTDOOR BRANDS, INC.	COM	02875D109	628,039	68,117	SH		SOLE		0	0	68,117
AMGEN INC COM	COM	031162100	350,564	1,088	SH		SOLE		0	0	1,088
ANGIODYNAMICS INC	COM	03475V101	172,000	22,108	SH		SOLE		0	0	22,108
APPLE INC	COM	037833100	12,546,352	53,847	SH		SOLE		0	0	53,847
APPLIED OPTOELECTRONICS, INC	COM	03823U102	1,078,087	75,338	SH		SOLE		0	0	75,338
ARLO TECHNOLOGIES, INC	COM	04206A101	409,257	33,795	SH		SOLE		0	0	33,795
ARTERIS, INC	COM	04302A104	305,743	39,604	SH		SOLE		0	0	39,604
ASTRONICS CORP	COM	046433108	2,041,621	104,806	SH		SOLE		0	0	104,806
AT&T INC	COM	00206R102	1,837,836	83,538	SH		SOLE		0	0	83,538
ATLANTIC UNION BANKSHARES CO	COM	04911A107	1,236,329	32,820	SH		SOLE		0	0	32,820
AVIAT NETWORKS INC COM	COM	05366Y201	362,670	16,767	SH		SOLE		0	0	16,767
AXCELIS TECHNOLOGIES INC	COM	054540208	733,950	7,000	SH		SOLE		0	0	7,000
AXOGEN INC	COM	05463X106	1,701,776	121,382	SH		SOLE		0	0	121,382
AXT INC	COM	00246W103	1,605,072	663,253	SH		SOLE		0	0	663,253
BANK OF AMERICA CORP COM	COM	060505104	1,689,138	42,569	SH		SOLE		0	0	42,569
BERKSHIRE HATHAWAY INC CL B	COM	084670702	869,431	1,889	SH		SOLE		0	0	1,889
BEST BUY INC COM	COM	086516101	377,045	3,650	SH		SOLE		0	0	3,650
BOEING CO COM	COM	097023105	1,094,384	7,198	SH		SOLE		0	0	7,198
BRISTOL MYERS SQUIBB COM	COM	110122108	933,373	18,040	SH		SOLE		0	0	18,040
C H ROBINSON WORLDWIDE COM	COM	12541W209	370,512	3,357	SH		SOLE		0	0	3,357
CECO ENVIRONMENTAL CORP	COM	125141101	1,712,163	60,715	SH		SOLE		0	0	60,715
CHEVRON CORPORATION	COM	166764100	2,878,244	19,544	SH		SOLE		0	0	19,544
CIGNA CORP	COM	125523100	267,798	773	SH		SOLE		0	0	773
CISCO SYS INC COM	COM	17275R102	1,539,726	28,931	SH		SOLE		0	0	28,931
CITIGROUP INC COM	COM	172967424	1,308,684	20,906	SH		SOLE		0	0	20,906
CLEAN ENERGY FUELS CORP	COM	184499101	856,510	275,405	SH		SOLE		0	0	275,405
COCA COLA CO COM	COM	191216100	264,445	3,680	SH		SOLE		0	0	3,680
CODEXIS INC	COM	192005106	466,386	151,424	SH		SOLE		0	0	151,424
COHERENT CORP COM	COM	19247G107	224,676	2,527	SH		SOLE		0	0	2,527
COLGATE-PALMOLIVE CO	COM	194162103	327,659	3,156	SH		SOLE		0	0	3,156
CONOCOPHILLIPS	COM	20825C104	328,579	3,121	SH		SOLE		0	0	3,121
COSTCO WHOLESALE CORP	COM	22160K105	594,855	671	SH		SOLE		0	0	671
CSX CORP COM	COM	126408103	235,080	6,808	SH		SOLE		0	0	6,808
CVS HEALTH CORPORATION	COM	126650100	326,159	5,187	SH		SOLE		0	0	5,187
DANAHER CORP	COM	235851102	955,555	3,437	SH		SOLE		0	0	3,437
DISNEY WALT CO COM	COM	254687106	722,724	7,514	SH		SOLE		0	0	7,514
DLH HOLDINGS CORP	COM	23335Q100	227,476	24,303	SH		SOLE		0	0	24,303
DONALDSON INC COM	COM	257651109	1,540,109	20,897	SH		SOLE		0	0	20,897
EASTERN BANKSHARES INC	COM	27627N105	1,354,666	82,652	SH		SOLE		0	0	82,652
EBAY INC	COM	278642103	574,986	8,831	SH		SOLE		0	0	8,831
ECOLAB INC	COM	278865100	2,629,516	10,299	SH		SOLE		0	0	10,299
ELECTROMED INC	COM	285409108	696,551	32,443	SH		SOLE		0	0	32,443
ELI LILLY CO	COM	532457108	292,360	330	SH		SOLE		0	0	330
EMERSON ELEC CO COM	COM	291011104	2,480,239	22,678	SH		SOLE		0	0	22,678
ENBRIDGE INC	COM	29250N105	202,806	4,994	SH		SOLE		0	0	4,994
ENERGY SELECT SECTOR SPDR ETF	COM	81369Y506	931,295	10,607	SH		SOLE		0	0	10,607
ENERGY TRANSFER LP	COM	29273V100	290,104	18,075	SH		SOLE		0	0	18,075
ENOVIX CORP	COM	293594107	695,111	74,423	SH		SOLE		0	0	74,423
EOG RES INC COM	COM	26875P101	515,323	4,192	SH		SOLE		0	0	4,192
EQUINIX INC COM NEW	COM	29444U700	2,884,354	3,250	SH		SOLE		0	0	3,250
EXXON MOBIL CORP COM	COM	30231G102	2,198,130	18,752	SH		SOLE		0	0	18,752
FARO TECHNOLOGIES, INC	COM	311642102	260,744	13,623	SH		SOLE		0	0	13,623
FREEPORT-MCMORAN INC	COM	35671D857	244,608	4,900	SH		SOLE		0	0	4,900
FULL HOUSE RESORTS INC	COM	359678109	1,127,191	224,540	SH		SOLE		0	0	224,540
GE AEROSPACE	COM	369604301	3,688,516	19,559	SH		SOLE		0	0	19,559
GE HEALTHCARE TECHNOLOGIES INC	COM	36266G107	626,324	6,674	SH		SOLE		0	0	6,674
GE VERNOVA INC COM	COM	36828A101	698,900	2,741	SH		SOLE		0	0	2,741
GENERAL DYNAMICS CO	COM	369550108	293,134	970	SH		SOLE		0	0	970
GENERAL MILLS INC	COM	370334104	1,670,782	22,624	SH		SOLE		0	0	22,624
GENIUS SPORTS, LTD	COM	G3934V109	2,248,010	286,736	SH		SOLE		0	0	286,736
HARMONIC INC	COM	413160102	1,011,129	69,398	SH		SOLE		0	0	69,398
HILLMAN SOLUTIONS, INC	COM	431636109	995,840	94,303	SH		SOLE		0	0	94,303
HOME DEPOT INC COM	COM	437076102	520,682	1,285	SH		SOLE		0	0	1,285
HONEYWELL INTL INC COM	COM	438516106	2,149,682	10,400	SH		SOLE		0	0	10,400
HORMEL FOODS CORP COM	COM	440452100	1,018,775	32,138	SH		SOLE		0	0	32,138
HUBBELL INC	COM	443510607	600,975	1,403	SH		SOLE		0	0	1,403
HUNTINGTON BANCSHARES INC	COM	446150104	298,013	20,273	SH		SOLE		0	0	20,273
ILLINOIS TOOL WKS INC COM	COM	452308109	1,820,338	6,946	SH		SOLE		0	0	6,946
INFUSYSTEM HOLDINGS INC	COM	45685K102	721,376	107,668	SH		SOLE		0	0	107,668
INNODATA INC	COM	457642205	379,891	22,653	SH		SOLE		0	0	22,653
INTEL CORP COM	COM	458140100	753,512	32,119	SH		SOLE		0	0	32,119
INTERNATIONAL BUS MACH COM	COM	459200101	3,234,400	14,630	SH		SOLE		0	0	14,630
INTL FLAVORS & FRAGRANCES	COM	459506101	386,492	3,683	SH		SOLE		0	0	3,683
ISHARES US TECHNOLOGY ETF	COM	464287721	217,120	1,432	SH		SOLE		0	0	1,432
JOHNSON & JOHNSON COM	COM	478160104	4,292,296	26,486	SH		SOLE		0	0	26,486
JPMORGAN CHASE & CO	COM	46625H100	3,988,206	18,914	SH		SOLE		0	0	18,914
KEARNY FINANCIAL CORP	COM	48716P108	537,091	78,179	SH		SOLE		0	0	78,179
KENVUE INC	COM	49177J102	1,249,714	54,030	SH		SOLE		0	0	54,030
KIMBERLY CLARK CORP COM	COM	494368103	373,818	2,627	SH		SOLE		0	0	2,627
KINDER MORGAN INC	COM	49456B101	292,030	13,220	SH		SOLE		0	0	13,220
KORU MEDICAL SYSTEMS, INC	COM	759910102	343,273	125,741	SH		SOLE		0	0	125,741
KRAFT/HEINZ CO	COM	500754106	1,108,414	31,570	SH		SOLE		0	0	31,570
LABCORP HOLDINGS INC COM	COM	504922105	328,292	1,469	SH		SOLE		0	0	1,469
LEGACY EDUCATION, INC	COM	52474R207	232,627	50,570	SH		SOLE		0	0	50,570
LIMONEIRA CO	COM	532746104	3,040,743	114,745	SH		SOLE		0	0	114,745
LOGILITY SUPPLY CHAIN SOLUTION	COM	029683109	666,599	59,571	SH		SOLE		0	0	59,571
LOWES COS INC COM	COM	548661107	223,180	824	SH		SOLE		0	0	824
MARATHON PETROLEUM CORP	COM	56585A102	245,994	1,510	SH		SOLE		0	0	1,510
MCDONALDS CORP COM	COM	580135101	1,426,629	4,685	SH		SOLE		0	0	4,685
MEDTRONIC PLC	COM	G5960L103	576,102	6,399	SH		SOLE		0	0	6,399
MERCK & CO INC (NEW)	COM	58933Y105	4,180,911	36,817	SH		SOLE		0	0	36,817
META PLATFORMS INC	COM	30303M102	1,371,566	2,396	SH		SOLE		0	0	2,396
METLIFE INC	COM	59156R108	249,502	3,025	SH		SOLE		0	0	3,025
MICROSOFT CORP COM	COM	594918104	13,054,551	30,338	SH		SOLE		0	0	30,338
MITEK SYSTEMS INC	COM	606710200	726,113	83,750	SH		SOLE		0	0	83,750
MOODY'S CORP	COM	615369105	456,556	962	SH		SOLE		0	0	962
MORGAN STANLEY	COM	617446448	1,600,814	15,357	SH		SOLE		0	0	15,357
NATURAL GAS SERVICES GROUP	COM	63886Q109	988,904	51,748	SH		SOLE		0	0	51,748
NEOGENOMICS INC	COM	64049M209	494,096	33,498	SH		SOLE		0	0	33,498
NETFLIX INC	COM	64110L106	383,715	541	SH		SOLE		0	0	541
NEXTERA ENERGY INC	COM	65339F101	350,208	4,143	SH		SOLE		0	0	4,143
NIKE INC CL B	COM	654106103	202,348	2,289	SH		SOLE		0	0	2,289
NVIDIA CORP	COM	67066G104	2,139,530	17,618	SH		SOLE		0	0	17,618
ORACLE CORPORATION	COM	68389X105	1,787,439	10,490	SH		SOLE		0	0	10,490
OREILLY AUTOMOTIVE INC NEW	COM	67103H107	397,302	345	SH		SOLE		0	0	345
OSHKOSH CORPORATION	COM	688239201	409,157	4,083	SH		SOLE		0	0	4,083
PAYPAL HOLDINGS INC	COM	70450Y103	1,053,249	13,498	SH		SOLE		0	0	13,498
PEBBLEBROOK HOTEL TRUST	COM	70509V100	416,811	31,505	SH		SOLE		0	0	31,505
PEPSICO INC COM	COM	713448108	2,927,468	17,215	SH		SOLE		0	0	17,215
PERFORMANT FINANCIAL CORP	COM	71377E105	858,016	229,416	SH		SOLE		0	0	229,416
PFIZER INC COM	COM	717081103	377,329	13,038	SH		SOLE		0	0	13,038
PNC FINANCIAL SERVICES GROUP I	COM	693475105	891,901	4,825	SH		SOLE		0	0	4,825
POSTAL REALTY TRUST INC - A	COM	73757R102	815,009	55,670	SH		SOLE		0	0	55,670
PPG INDS INC COM	COM	693506107	210,611	1,590	SH		SOLE		0	0	1,590
PROCTER & GAMBLE CO	COM	742718109	1,611,395	9,304	SH		SOLE		0	0	9,304
PROFIRE ENERGY INC	COM	74316x101	305,595	181,902	SH		SOLE		0	0	181,902
PUBLIC STORAGE INC	COM	74460D109	576,006	1,583	SH		SOLE		0	0	1,583
RADNET INC	COM	750491102	2,583,806	37,236	SH		SOLE		0	0	37,236
RAYMOND JAMES FINANCIAL	COM	754730109	1,829,277	14,938	SH		SOLE		0	0	14,938
RESEARCH SOLUTIONS INC	COM	761025105	120,524	44,148	SH		SOLE		0	0	44,148
RIBBON COMMUNICATIONS, INC	COM	762544104	1,153,298	354,861	SH		SOLE		0	0	354,861
RIOT BLOCKCHAIN INC	COM	767292105	567,534	76,487	SH		SOLE		0	0	76,487
ROPER INDUSTRIES INC	COM	776696106	1,418,087	2,549	SH		SOLE		0	0	2,549
RTX CORP	COM	75513E101	942,848	7,782	SH		SOLE		0	0	7,782
SALESFORCE.COM INC	COM	79466L302	568,496	2,077	SH		SOLE		0	0	2,077
SHAKE SHACK INC - CLASS A	COM	819047101	503,149	4,875	SH		SOLE		0	0	4,875
SIMON PROPERTY GROUP INC	COM	828806109	506,891	2,999	SH		SOLE		0	0	2,999
SITIME CORP	COM	82982T106	907,459	5,291	SH		SOLE		0	0	5,291
SKYWORKS SOLUTIONS INC	COM	83088M102	1,281,442	12,974	SH		SOLE		0	0	12,974
SOLVENTUM CORP	COM	83444M101	1,742,303	24,990	SH		SOLE		0	0	24,990
SPDR KBW REGIONAL BANKING ETF	COM	78464A698	754,478	13,330	SH		SOLE		0	0	13,330
STANDEX INTERNATIONAL CORP	COM	854231107	2,810,974	15,379	SH		SOLE		0	0	15,379
STARBUCKS CORP	COM	855244109	260,298	2,670	SH		SOLE		0	0	2,670
STRYKER CORP	COM	863667101	372,098	1,030	SH		SOLE		0	0	1,030
TARGET CORP	COM	87612E106	3,278,359	21,034	SH		SOLE		0	0	21,034
TELOS CORPORATION	COM	87969B101	644,491	179,524	SH		SOLE		0	0	179,524
TELUS CORPORATION	COM	87971M103	452,792	26,984	SH		SOLE		0	0	26,984
TENNANT CO	COM	880345103	436,502	4,545	SH		SOLE		0	0	4,545
TERRITORIAL BANCORP INC	COM	88145X108	521,353	49,938	SH		SOLE		0	0	49,938
TESLA INC	COM	88160R101	852,391	3,258	SH		SOLE		0	0	3,258
TEXAS INSTRUMENTS INC	COM	882508104	439,581	2,128	SH		SOLE		0	0	2,128
THERMO FISHER SCIENTIFIC INC	COM	883556102	322,275	521	SH		SOLE		0	0	521
TIMKEN COMPANY	COM	887389104	239,089	2,837	SH		SOLE		0	0	2,837
TRANSCAT INC	COM	893529107	1,205,285	9,980	SH		SOLE		0	0	9,980
TRAVELERS COMPANIES INC	COM	89417E109	2,358,877	10,076	SH		SOLE		0	0	10,076
UNITEDHEALTH GROUP INC	COM	91324P102	946,597	1,619	SH		SOLE		0	0	1,619
US BANCORP	COM	902973304	494,776	10,820	SH		SOLE		0	0	10,820
UTILITIES SELECT SECTOR SPDR E	COM	81369Y886	714,661	8,847	SH		SOLE		0	0	8,847
VERIZON COMMUNICATIONS	COM	92343V104	1,987,261	44,250	SH		SOLE		0	0	44,250
VIAVI SOLUTIONS, INC	COM	925550105	331,701	36,774	SH		SOLE		0	0	36,774
VISA INC CLASS A	COM	92826C839	4,164,024	15,145	SH		SOLE		0	0	15,145
WABTEC CORP	COM	929740108	473,784	2,607	SH		SOLE		0	0	2,607
WALMART INC	COM	931142103	3,286,929	40,705	SH		SOLE		0	0	40,705
WARNER BROS DISCOVERY INC	COM	934423104	193,691	23,478	SH		SOLE		0	0	23,478
WELLS FARGO & COMPANY	COM	949746101	2,424,551	42,920	SH		SOLE		0	0	42,920
WESTERN NEW ENGLAND BANCORP IN	COM	958892101	1,411,060	166,007	SH		SOLE		0	0	166,007
WINMARK CORP	COM	974250102	646,386	1,688	SH		SOLE		0	0	1,688
WYNN RESORTS LTD	COM	983134107	439,130	4,580	SH		SOLE		0	0	4,580
XCEL ENERGY INC	COM	98389B100	1,335,364	20,450	SH		SOLE		0	0	20,450
INVESCO QQQ TRUST UNIT SER 1	COM	46090E103	924,649	1,895	SH		SOLE		0	0	1,895
ISHARES CORE HIGH DIVIDEND ETF	COM	46429B663	1,146,795	9,750	SH		SOLE		0	0	9,750
ISHARES CORE S&P 500 INDEX FUN	COM	464287200	8,007,050	13,881	SH		SOLE		0	0	13,881
ISHARES CORE S&P MID CAP	COM	464287507	207,837	3,335	SH		SOLE		0	0	3,335
ISHARES CORE S&P SMALLCAP ETF	COM	464287804	723,748	6,188	SH		SOLE		0	0	6,188
ISHARES CORE S&P US VALUE ETF	COM	464287663	1,077,414	11,283	SH		SOLE		0	0	11,283
ISHARES RUSSELL 2000 ETF	COM	464287655	1,100,032	4,980	SH		SOLE		0	0	4,980
ISHARES RUSSELL MID-CAP GROWTH	COM	464287481	587,857	5,012	SH		SOLE		0	0	5,012
ISHARES RUSSELL MIDCAP ETF	COM	464287499	1,758,746	19,954	SH		SOLE		0	0	19,954
ISHARES S&P 500 GROWTH ETF	COM	464287309	1,548,661	16,174	SH		SOLE		0	0	16,174
ISHARES S&P 500 VALUE ETF	COM	464287408	1,508,630	7,651	SH		SOLE		0	0	7,651
SPDR PORT S&P 600 SMALL CAP ET	COM	78468R853	882,439	19,390	SH		SOLE		0	0	19,390
SPDR PORTFOLIO MID CAP ETF	COM	78464A847	738,781	13,511	SH		SOLE		0	0	13,511
SPDR PORTFOLIO S&P 500 GROWTH	COM	78464A409	1,395,797	16,829	SH		SOLE		0	0	16,829
SPDR PORTFOLIO S&P 500 VALUE E	COM	78464A508	903,483	17,092	SH		SOLE		0	0	17,092
SPDR S&P 500 ETF HIGH DIVIDEND	COM	78468R788	2,963,379	64,915	SH		SOLE		0	0	64,915
SPDR S&P 500 ETF TRUST	COM	78462F103	6,004,123	10,465	SH		SOLE		0	0	10,465
SPDR S&P DIVIDEND ETF	COM	78464A763	1,689,566	11,895	SH		SOLE		0	0	11,895
SPDR S&P MIDCAP 400 ETF TRUST	COM	78467Y107	1,133,764	1,990	SH		SOLE		0	0	1,990
VANGUARD DIV APPRECIATION INDE	COM	921908844	401,729	2,028	SH		SOLE		0	0	2,028
VANGUARD S&P 500 ETF	COM	922908363	554,054	1,050	SH		SOLE		0	0	1,050
ISHARES CORE MSCI EAFE ETF	COM	46432F842	307,517	3,940	SH		SOLE		0	0	3,940
ISHARES CURRENCY HEDGED MSCI E	COM	46434V803	207,136	5,848	SH		SOLE		0	0	5,848
ISHARES MSCI EAFE ETF	COM	464287465	2,527,048	30,217	SH		SOLE		0	0	30,217
ISHARES MSCI EMERGING MKTS IND	COM	464287234	386,371	8,425	SH		SOLE		0	0	8,425
SPDR S&P EMERGING MKT SM CAP E	COM	78463X756	426,679	6,840	SH		SOLE		0	0	6,840
VANGUARD FTSE EMERGING MARKETS	COM	922042858	608,796	12,723	SH		SOLE		0	0	12,723
SPDR GOLD TRUST FUND	GOLD	78463V107	3,284,735	13,514	SH		SOLE		0	0	13,514
SPROTT PHYSICAL GOLD TRUST	GOLD	85207H104	818,644	40,169	SH		SOLE		0	0	40,169
VANECK MERK GOLD SHARES	GOLD	921078101	623,248	24,547	SH		SOLE		0	0	24,547

White Pine Capital 13F-HRQuarterly holdings report by institutional manager