White Pine Capital LLC Q3 2022 vs. Q4 2022: A Comparison of Holdings

Investing in the stock market can be both exhilarating and intimidating. Companies evolve, markets shift, and stocks fluctuate. That is why many investors rely on hedge funds for guidance and investment advice. One such fund is White Pine Capital LLC, which recently released its 13F filings for the third and fourth quarters of 2022. In this article, we will compare the two filings and discuss the notable changes in White Pine Capital's holdings.

First, it is important to note that a 13F filing is a quarterly report filed by institutional investment managers to the Securities and Exchange Commission (SEC) that lists their equity holdings. These filings are public, meaning anyone can view them. By analyzing the holdings of hedge funds such as White Pine Capital LLC, investors can gain insight into the fund's investment strategy and potentially make better-informed investment decisions.

Now, let's take a closer look at White Pine Capital LLC's Q3 2022 vs. Q4 2022 holdings. One of the most significant changes was the significant increase in holdings of the iShares Floating Rate Bond ETF (FLOT), rising by a massive 97.2%. On the other hand, the holdings of iShares Short Term Corporate Bond ETF (IGSB) decreased by 23.6%, the only double-digit percentage decrease in White Pine Capital's portfolio.

The fund's top 10 holdings remained relatively stable, with only slight shifts in their percentages, including Microsoft Corp (MSFT), Apple Inc (AAPL), and Johnson & Johnson (JNJ). However, the Chevron Corporation (CVX) saw a significant increase in its holdings, rising by 24.5%, while its holdings of General Electric Co (GE) increased by 34.8%. The notable increase in holdings of these blue-chip stocks suggests White Pine Capital LLC's trust in their long-term growth prospects.

Another interesting change in the fund's portfolio was the massive increase in holdings of Full House Resorts Inc (FLL), rising by 56.5%. At the same time, the holdings of Innovator ETFs II S&P High Dividend Low Volatility ETF (EPRF) decreased by 19.8%. This shift in holdings suggests that the fund is looking to capitalize on the potential growth in the gaming and resort industry.

Finally, it is worth noting that White Pine Capital LLC's holdings of Nexera Energy Inc (NEE) increased by 24.5%, showing confidence in the future of renewable energy. Meanwhile, their holdings of Amazon.com Inc (AMZN) decreased by 23.6%, which could mean that the fund believes Amazon's growth potential has peaked.

In conclusion, White Pine Capital LLC's 13F filing for Q4 2022 showed some interesting changes in their investment strategy. The increase in holdings of blue-chip stocks such as Chevron Corporation and General Electric Co suggests that the fund is confident in their long-term growth potential. Similarly, the rise in holdings of Full House Resorts Inc implies that White Pine Capital LLC is looking to capitalize on the gaming and resort industry's growth potential. By analyzing these changes in White Pine Capital's holdings, investors can gain insight into the fund's investment strategy and potentially make better-informed investment decisions.