White Pine Capital 13F-HR Quarterly holdings report by institutional manager

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

OMB APPROVAL

OMB Number:		3235-0006
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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
APPLE INC	COM	037833100	2,603	22,471	SH		SOLE		5,500	0	16,971
ALPHABET INC CL A	COM	02079K305	1,005	1,269	SH		SOLE		340	0	929
ALPHABET INC CL C	COM	02079K107	950	1,230	SH		SOLE		365	0	865
MICROSOFT CORP COM	COM	594918104	3,480	55,999	SH		SOLE		11,790	0	44,209
BERKSHIRE HATHAWAY INC CL B	COM	084670702	603	3,700	SH		SOLE		0	0	3,700
EXXON MOBIL CORP COM	COM	30231G102	4,304	47,688	SH		SOLE		12,113	0	35,575
FACEBOOK INC	COM	30303M102	280	2,435	SH		SOLE		450	0	1,985
JOHNSON & JOHNSON COM	COM	478160104	4,813	41,774	SH		SOLE		8,826	0	32,948
JPMORGAN CHASE & CO	COM	46625H100	1,213	14,052	SH		SOLE		2,400	0	11,652
GENERAL ELEC CO COM	COM	369604103	3,432	108,615	SH		SOLE		24,715	0	83,900
WELLS FARGO & COMPANY	COM	949746101	1,126	20,431	SH		SOLE		5,271	0	15,160
AT&T INC	COM	00206R102	2,395	56,311	SH		SOLE		19,573	0	36,738
SPDR S&P 500 ETF TRUST	COM	78462F103	2,632	11,776	SH		SOLE		1,500	0	10,276
PROCTER & GAMBLE CO	COM	742718109	1,170	13,911	SH		SOLE		3,462	0	10,449
BANK OF AMERICA CORP COM	COM	060505104	1,117	50,550	SH		SOLE		8,400	0	42,150
CHEVRON CORPORATION	COM	166764100	2,892	24,572	SH		SOLE		4,970	0	19,602
VERIZON COMMUNICATIONS	COM	92343V104	2,259	42,325	SH		SOLE		9,762	0	32,563
WAL MART STORES INC COM	COM	931142103	523	7,562	SH		SOLE		500	0	7,062
PFIZER INC COM	COM	717081103	347	10,697	SH		SOLE		3,455	0	7,242
VISA INC CLASS A	COM	92826C839	1,876	24,051	SH		SOLE		4,246	0	19,805
COCA COLA CO COM	COM	191216100	324	7,810	SH		SOLE		2,230	0	5,580
INTEL CORP COM	COM	458140100	1,952	53,808	SH		SOLE		12,950	0	40,858
CITIGROUP INC COM	COM	172967424	830	13,969	SH		SOLE		2,950	0	11,019
DISNEY WALT CO COM DISNEY	COM	254687106	898	8,621	SH		SOLE		2,807	0	5,814
MERCK & CO INC (NEW)	COM	58933Y105	2,219	37,698	SH		SOLE		8,746	0	28,952
INTERNATIONAL BUS MACH COM	COM	459200101	1,149	6,922	SH		SOLE		3,545	0	3,377
ORACLE CORPORATION	COM	68389x105	214	5,554	SH		SOLE		5,254	0	300
CISCO SYS INC COM	COM	17275R102	1,043	34,500	SH		SOLE		33,050	0	1,450
PEPSICO INC COM	COM	713448108	2,096	20,033	SH		SOLE		4,125	0	15,908
SCHLUMBERGER LTD COM	COM	806857108	449	5,353	SH		SOLE		785	0	4,568
3M CO	COM	88579Y101	28,922	161,965	SH		SOLE		3,502	0	158,463
ABBVIE INC	COM	00287Y109	1,915	30,585	SH		SOLE		8,775	0	21,810
MCDONALDS CORP COM	COM	580135101	627	5,155	SH		SOLE		1,040	0	4,115
MEDTRONIC PLC	COM	G5960L103	202	2,836	SH		SOLE		1,000	0	1,836
BRISTOL MYERS SQUIBB COM	COM	110122108	2,502	42,816	SH		SOLE		12,650	0	30,166
BOEING CO COM	COM	097023105	421	2,705	SH		SOLE		40	0	2,665
ISHARES CORE S&P 500 INDEX FUN	COM	464287200	715	3,176	SH		SOLE		150	0	3,026
UNITED TECHNOLOGIES CP COM	COM	913017109	646	5,895	SH		SOLE		2,025	0	3,870
WALGREEN BOOTS ALLIANCE INC	COM	931427108	505	6,100	SH		SOLE		2,700	0	3,400
HONEYWELL INTL INC COM	COM	438516106	1,789	15,442	SH		SOLE		2,612	0	12,830
US BANCORP	COM	902973304	1,228	23,897	SH		SOLE		8,323	0	15,574
CVS HEALTH CORPORATION	COM	126650100	1,478	18,736	SH		SOLE		2,965	0	15,771
MORGAN STANLEY	COM	617446448	824	19,505	SH		SOLE		2,950	0	16,555
DU PONT E I DE NEMOURS COM	COM	263534109	206	2,800	SH		SOLE		1,000	0	1,800
ISHARES MSCI EAFE ETF	COM	464287465	1,771	30,677	SH		SOLE		3,275	0	27,402
EOG RES INC COM	COM	26875P101	1,045	10,335	SH		SOLE		1,795	0	8,540
COLGATE-PALMOLIVE CO	COM	194162103	397	6,060	SH		SOLE		1,100	0	4,960
NEXTERA ENERGY INC	COM	65339F101	564	4,725	SH		SOLE		825	0	3,900
PNC FINANCIAL SERVICES GROUP I	COM	693475105	866	7,400	SH		SOLE		1,875	0	5,525
ABBOTT LABS COM	COM	002824100	844	21,985	SH		SOLE		4,725	0	17,260
GENERAL DYNAMICS CO	COM	369550108	528	3,060	SH		SOLE		697	0	2,363
PAYPAL HOLDINGS INC	COM	70450Y103	620	15,715	SH		SOLE		2,600	0	13,115
VANGUARD FTSE EMERGING MARKETS ETF	COM	922042858	605	16,909	SH		SOLE		475	0	16,434
ILLINOIS TOOL WKS INC COM	COM	452308109	674	5,506	SH		SOLE		800	0	4,706
POWERSHARES QQQ NASDAQ 100 ETF	COM	73935A104	246	2,080	SH		SOLE		233	0	1,847
KIMBERLY CLARK CORP COM	COM	494368103	218	1,912	SH		SOLE		562	0	1,350
TARGET CORP	COM	87612E106	1,335	18,485	SH		SOLE		4,605	0	13,880
ISHARES RUSSELL 2000 ETF	COM	464287655	533	3,950	SH		SOLE		1,275	0	2,675
BB&T CORP	COM	054937107	308	6,550	SH		SOLE		1,250	0	5,300
TEVA PHARMACEUTICALS	COM	881624209	401	11,067	SH		SOLE		2,700	0	8,367
EMERSON ELEC CO COM	COM	291011104	631	11,316	SH		SOLE		2,175	0	9,141
GENERAL MILLS INC	COM	370334104	418	6,760	SH		SOLE		1,000	0	5,760
TRAVELERS COMPANIES INC	COM	89417E109	2,743	22,409	SH		SOLE		2,680	0	19,729
ECOLAB INC	COM	278865100	1,452	12,387	SH		SOLE		3,235	0	9,152
EBAY INC	COM	278642103	441	14,855	SH		SOLE		1,900	0	12,955
NOKIA CORP -SPON ADR	COM	654902204	54	11,150	SH		SOLE		0	0	11,150
ALLSTATE CORP COM	COM	020002101	745	10,050	SH		SOLE		3,050	0	7,000
ISHARES IBOXX INV GRADE CORP BOND ETF	COM	464287242	3,052	26,043	SH		SOLE		9,750	0	16,293
OREILLY AUTOMOTIVE INC NEW	COM	67103H107	292	1,050	SH		SOLE		100	0	950
ISHARES MSCI EMERGING MKTS INDEX ETF	COM	464287234	356	10,155	SH		SOLE		900	0	9,255
EQUINIX INC COM NEW	COM	29444U700	1,801	5,038	SH		SOLE		556	0	4,483
PPG INDS INC COM	COM	693506107	236	2,490	SH		SOLE		400	0	2,090
FIDELITY NATIONAL INFORMATION	COM	31620M106	226	2,992	SH		SOLE		2,992	0	0
BAXTER INTERNATIONAL INC	COM	071813109	277	6,250	SH		SOLE		1,750	0	4,500
APACHE CORP COM	COM	037411105	757	11,932	SH		SOLE		3,818	0	8,114
ST JUDE MED INC COM	COM	790849103	241	3,000	SH		SOLE		0	0	3,000
WEYERHAEUSER CO COM	COM	962166104	483	16,055	SH		SOLE		2,414	0	13,641
FINANCIAL SELECT SECTOR SPDR F	COM	81369Y605	253	10,900	SH		SOLE		0	0	10,900
XCEL ENERGY INC	COM	98389B100	1,291	31,709	SH		SOLE		7,100	0	24,609
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	359	3,475	SH		SOLE		250	0	3,225
KEYCORP NEW COM	COM	493267108	1,537	84,114	SH		SOLE		23,400	0	60,714
TELUS CORPORATION	COM	87971M103	524	16,450	SH		SOLE		1,700	0	14,750
WEC ENERGY GROUP INC	COM	92939U106	238	4,058	SH		SOLE		1,301	0	2,757
HORMEL FOODS CORP COM	COM	440452100	2,126	61,067	SH		SOLE		12,200	0	48,867
ISHARES TRUST DJ SELECT DIVIDE	COM	464287168	511	5,773	SH		SOLE		0	0	5,773
ISHARES S&P US PFD STOCK ETF	COM	464288687	2,364	63,522	SH		SOLE		8,650	0	54,872
SPDR S&P DIVIDEND ETF	COM	78464A763	1,010	11,800	SH		SOLE		0	0	11,800
ISHARES RUSSELL MIDCAP ETF	COM	464287499	729	4,077	SH		SOLE		725	0	3,352
SKYWORKS SOLUTIONS INC	COM	83088M102	2,216	29,675	SH		SOLE		4,770	0	24,905
WESTROCK CO	COM	96145D105	323	6,355	SH		SOLE		1,855	0	4,500
ONEOK PARTNERS LP	COM	68268N103	237	5,500	SH		SOLE		2,300	0	3,200
DELL TECHNOLOGIES INC-CL V	COM	24703L103	230	4,183	SH		SOLE		1,192	0	2,991
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND ETF	COM	464288646	14,210	135,410	SH		SOLE		27,750	0	107,660
ISHARES BARCLAYS 1-3 YEAR TREAS BOND ETF	COM	464287457	3,320	39,308	SH		SOLE		6,900	0	32,408
C H ROBINSON WORLDWIDE COM	COM	12541W209	391	5,337	SH		SOLE		1,400	0	3,937
DR HORTON INC	COM	23331A109	209	7,634	SH		SOLE		3,650	0	3,984
RAYMOND JAMES FINANCIAL	COM	754730109	1,221	17,630	SH		SOLE		5,990	0	11,640
INTL FLAVORS & FRAGRANCES	COM	459506101	481	4,082	SH		SOLE		650	0	3,432
SVB FINANCIAL GROUP	COM	78486Q101	1,205	7,020	SH		SOLE		1,325	0	5,695
ALLIANT ENERGY CORP	COM	018802108	846	22,333	SH		SOLE		4,700	0	17,633
NORDSTROM INC	COM	655664100	831	17,345	SH		SOLE		3,600	0	13,745
VALSPAR CORP	COM	920355104	504	4,867	SH		SOLE		1,500	0	3,367
UTILITIES SELECT SECTOR SPDR E	COM	81369Y886	377	7,765	SH		SOLE		0	0	7,765
ISHARES BARCLAYS INTERMEDIATE CREDIT ETF	COM	464288638	3,177	29,365	SH		SOLE		2,700	0	26,665
RSP PERMIAN INC	COM	74978Q105	436	9,775	SH		SOLE		7,850	0	1,925
MEDNAX INC	COM	58502B106	670	10,050	SH		SOLE		2,100	0	7,950
DONALDSON INC COM	COM	257651109	1,252	29,755	SH		SOLE		6,225	0	23,530
OSHKOSH CORPORATION	COM	688239201	974	15,070	SH		SOLE		6,400	0	8,670
POWERSHARES PREFERRED PORTFOLIO	COM	73936T565	593	41,700	SH		SOLE		5,500	0	36,200
UMPQUA HOLDINGS INC	COM	904214103	309	16,450	SH		SOLE		2,850	0	13,600
ISHARES FLOATING RATE BOND ETF	COM	46429B655	1,240	24,440	SH		SOLE		4,230	0	20,210
BIO-TECHNE CORP	COM	09073M104	767	7,455	SH		SOLE		5,125	0	2,330
SNYDER-LANCE INC	COM	833551104	503	13,115	SH		SOLE		9,350	0	3,765
CIENA CORP	COM	171779309	869	35,580	SH		SOLE		26,150	0	9,430
TCF FINL CORP COM	COM	872275102	263	13,432	SH		SOLE		1,198	0	12,234
WESCO INTERNATIONAL INC	COM	95082P105	281	4,225	SH		SOLE		3,000	0	1,225
CORELOGIC INC	COM	21871D103	371	10,075	SH		SOLE		6,550	0	3,525
CALLON PETROLEUM CO	COM	13123X102	361	23,500	SH		SOLE		17,000	0	6,500
AMERICAN EAGLE OUTFITTERS	COM	02553E106	2,710	178,655	SH		SOLE		67,100	0	111,555
AKORN INC	COM	009728106	1,524	69,830	SH		SOLE		35,350	0	34,480
ENTEGRIS INC (DE)	COM	29362U104	599	33,450	SH		SOLE		10,200	0	23,250
SPDR S&P BIOTECH ETF	COM	78464A870	1,335	22,550	SH		SOLE		15,975	0	6,575
HB FULLER	COM	359694106	504	10,425	SH		SOLE		4,850	0	5,575
LUMENTUM HOLDINGS INC	COM	55024U109	1,710	44,240	SH		SOLE		15,975	0	28,265
MGE ENERGY INC	COM	55277P104	493	7,543	SH		SOLE		4,615	0	2,928
DARLING INGREDIENTS INC	COM	237266101	1,291	99,990	SH		SOLE		34,200	0	65,790
LIGAND PHARMACEUTICA	COM	53220K504	767	7,550	SH		SOLE		5,025	0	2,525
TRI POINTE GROUP INC	COM	87265H109	863	75,161	SH		SOLE		29,199	0	45,962
G & K SVCS INC CL A	COM	361268105	234	2,425	SH		SOLE		150	0	2,275
AMBARELLA INC	COM	G037AX101	422	7,795	SH		SOLE		5,975	0	1,820
DIGITALGLOBE INC	COM	25389M877	1,519	53,029	SH		SOLE		22,580	0	30,449
VONAGE HOLDINGS CORP	COM	92886T201	930	135,750	SH		SOLE		90,850	0	44,900
TELETECH HLDGS INC COM	COM	879939106	809	26,540	SH		SOLE		11,100	0	15,440
BENEFICIAL BANCORP	COM	08171T102	1,127	61,247	SH		SOLE		42,637	0	18,610
PROTO LABS INC	COM	743713109	295	5,750	SH		SOLE		3,600	0	2,150
BMC STOCK HOLDINGS INC	COM	05591B109	549	28,150	SH		SOLE		20,700	0	7,450
SUPERNUS PHARMACEUTICALS INC	COM	868459108	731	28,950	SH		SOLE		13,100	0	15,850
GENTHERM INC	COM	37253A103	1,166	34,455	SH		SOLE		15,275	0	19,180
EAGLE PHARMACEUTICALS INC	COM	269796108	450	5,675	SH		SOLE		4,225	0	1,450
MYRIAD GENETICS INC	COM	62855J104	375	22,495	SH		SOLE		16,500	0	5,995
CALAVO GROWERS	COM	128246105	1,952	31,795	SH		SOLE		12,570	0	19,225
EATON VANCE TX MNGD BUY-WRITE	COM	27828Y108	206	13,850	SH		SOLE		0	0	13,850
VASCULAR SOLUTIONS INC	COM	92231M109	219	3,900	SH		SOLE		0	0	3,900
PIER 1 IMPORTS INC COM	COM	720279108	825	96,600	SH		SOLE		41,700	0	54,900
CHEGG INC	COM	163092109	721	97,675	SH		SOLE		70,400	0	27,275
NEOGENOMICS INC	COM	64049M209	691	80,625	SH		SOLE		58,500	0	22,125
BIOTELEMETRY INC	COM	090672106	422	18,875	SH		SOLE		12,900	0	5,975
PERFICIENT	COM	71375U101	279	15,950	SH		SOLE		8,450	0	7,500
AEROVIRONMENT INC	COM	008073108	1,066	39,715	SH		SOLE		16,850	0	22,865
ANGIODYNAMICS INC	COM	03475V101	506	29,975	SH		SOLE		16,875	0	13,100
LGI HOMES INC	COM	50187T106	1,325	46,110	SH		SOLE		21,000	0	25,110
NAUTILUS INC	COM	63910B102	280	15,150	SH		SOLE		2,000	0	13,150
EATON VANCE SENIOR FLOATING-RATE FUND	COM	27828Q105	2,355	159,872	SH		SOLE		25,250	0	134,622
INNERWORKINGS INC	COM	45773Y105	692	70,225	SH		SOLE		41,150	0	29,075
FRANKLIN FINANCIAL NETWORK INC	COM	35352P104	1,249	29,850	SH		SOLE		16,950	0	12,900
WINMARK CORP	COM	974250102	684	5,420	SH		SOLE		500	0	4,920
VOCERA COMMUNICATIONS INC	COM	92857F107	2,402	129,900	SH		SOLE		53,550	0	76,350
BLUE HILLS BANCORP INC	COM	095573101	1,061	56,600	SH		SOLE		40,900	0	15,700
BOINGO WIRELESS INC	COM	09739C102	1,917	157,290	SH		SOLE		70,450	0	86,840
NEOPHOTONICS CORP	COM	64051T100	1,417	131,125	SH		SOLE		56,100	0	75,025
CARBONITE INC	COM	141337105	792	48,300	SH		SOLE		25,150	0	23,150
AXCELIS TECHNOLOGIES INC	COM	054540208	929	63,861	SH		SOLE		23,125	0	40,736
NATURAL GAS SERVICES GROUP	COM	63886Q109	1,000	31,100	SH		SOLE		18,000	0	13,100
DEL FRISCO'S RESTAURANT GROUP	COM	245077102	716	42,100	SH		SOLE		21,150	0	20,950
CLIFTON BANCORP INC	COM	186873105	1,013	59,875	SH		SOLE		22,950	0	36,925
RENEWABLE ENERGY GROUP INC	COM	75972A301	138	14,200	SH		SOLE		0	0	14,200
LIONBRIDGE TECHNOLOGIES INC	COM	536252109	408	70,400	SH		SOLE		39,700	0	30,700
SPDR S&P EMERGING MKT SM CAP ETF	COM	78463X756	554	13,940	SH		SOLE		400	0	13,540
CITY OFFICE REIT INC	COM	178587101	1,087	82,500	SH		SOLE		46,600	0	35,900
PRIMO WATER CORP	COM	74165N105	645	52,490	SH		SOLE		39,000	0	13,490
TANGOE INC	COM	87582Y108	562	71,275	SH		SOLE		49,800	0	21,475
TELENAV INC	COM	879455103	527	74,775	SH		SOLE		46,900	0	27,875
BLUEROCK RESIDENTIAL GROWTH RE	COM	09627J102	475	34,650	SH		SOLE		21,150	0	13,500
ZIX CORPORATION	COM	98974P100	429	86,775	SH		SOLE		41,700	0	45,075
HEALTH INSURANCE INNOVATIONS I	COM	42225K106	1,323	74,125	SH		SOLE		43,000	0	31,125
FEDERATED NATIONAL HOLDING CO	COM	31422T101	387	20,700	SH		SOLE		16,650	0	4,050
EXFO INC	COM	302046107	165	37,500	SH		SOLE		35,000	0	2,500
DESTINATION XL GROUP INC	COM	25065K104	1,262	296,869	SH		SOLE		166,600	0	130,269
STERLING CONSTRUCTION CO INC	COM	859241101	183	21,575	SH		SOLE		16,175	0	5,400
MITEK SYSTEMS INC	COM	606710200	1,891	307,551	SH		SOLE		124,350	0	183,201
ALLIED MOTION TECHNOLOGIES	COM	019330109	259	12,100	SH		SOLE		5,950	0	6,150
PLANET PAYMENT INC	COM	U72603118	1,825	447,200	SH		SOLE		215,500	0	231,700
AEVI GENOMIC MEDICINE	COM	00835P105	104	20,000	SH		SOLE		20,000	0	0
RTI SURGICAL INC	COM	74975N105	39	12,000	SH		SOLE		0	0	12,000
CYBEROPTICS CORP COM	COM	232517102	720	27,575	SH		SOLE		2,800	0	24,775
USA TECHNOLOGIES INC	COM	90328S500	627	145,700	SH		SOLE		93,500	0	52,200
UPLAND SOFTWARE INC	COM	91544A109	201	22,500	SH		SOLE		17,500	0	5,000
PFSWEB INC	COM	717098206	987	116,105	SH		SOLE		63,600	0	52,505
CUI GLOBAL INC	COM	126576206	2,548	367,730	SH		SOLE		155,900	0	211,830
US AUTO PARTS NETWORK	COM	90343C100	199	56,650	SH		SOLE		25,000	0	31,650
WHEELER REAL ESTATE INVESTMENT	COM	963025101	1,207	709,750	SH		SOLE		325,000	0	384,750
AMERICAN RIVER BANKSHRS (CA)	COM	029326105	231	15,300	SH		SOLE		0	0	15,300
CHRISTOPHER & BANKS CORP	COM	171046105	2,152	919,750	SH		SOLE		409,250	0	510,500
CYREN LTD	COM	M26895108	215	100,000	SH		SOLE		65,000	0	35,000
CHEMBIO DIAGNOSTICS INC	COM	163572209	222	32,625	SH		SOLE		22,550	0	10,075
PROFIRE ENERGY INC	COM	74316x101	121	88,000	SH		SOLE		40,000	0	48,000
CONTRAFECT CORP	COM	212326102	485	276,895	SH		SOLE		144,225	0	132,670
INNODATA INC	COM	457642205	204	83,100	SH		SOLE		31,200	0	51,900
NETLIST INC	COM	64118P109	80	78,500	SH		SOLE		60,000	0	18,500
INTRICON CORP	COM	46121H109	123	17,800	SH		SOLE		7,500	0	10,300
O2MICRO INTERNATIONAL LTD	COM	67107W100	186	103,389	SH		SOLE		77,294	0	26,095
DIGITAL TURBINE INC	COM	25400W102	357	525,175	SH		SOLE		263,000	0	262,175
SHARPSPRING INC	COM	820054104	61	11,650	SH		SOLE		0	0	11,650
TEARLAB CORP	COM	878193101	14	26,000	SH		SOLE		0	0	26,000
ANTHERA PHARMACEUTICALS INC	COM	03674U201	23	35,000	SH		SOLE		35,000	0	0
LIQTECH INTERNATIONAL	COM	53632A102	35	55,100	SH		SOLE		0	0	55,100
SPDR S&P MIDCAP 400 ETF TRUST	COM	78467Y107	420	1,391	SH		SOLE		0	0	1,391
TRANSGENOMIC INC NEW	COM	89365K305	152	535,487	SH		SOLE		400,000	0	135,487