Bloomington, Minnesota, and Purcellville, Virginia, September 30, 2026 / PRNewswire / -- White Pine Capital ® Today, we are pleased to announce that our company has been recognized as a member of the highly coveted PSN Top Guns list, which honors the best-performing independent accounts, managed accounts, and ETF strategies in two different categories as of the second quarter of 2026.
The Small Cap strategy of White Pine Capital ranked first in the PSN US Core Universe category and topped among 697 products and 271 companies in both the one-year and three-year performance periods as of the second quarter of 2026 (see performance). The chief investment officer and principal fund manager of this strategy, Tim Madey, stated: "We are very pleased to be able to help clients achieve or exceed their investment goals. Our investment team takes this recognition as a great honor."
In addition, as of the second quarter of 2026, White Pine Capital also ranked first in both one-year and three-year returns within the PSN Small Cap Core Universe. (See performance.) PSN Small Cap Core Universe encompasses 151 products and 123 companies. The PSN Top Guns list, published by YCharts, has garnered significant attention and remains one of the most important references for investors and asset managers.
The Small Cap strategy of White Pine Capital has a 26-year track record of performance, and since 2018, it has won the PSN Top Gun award in 17 quarters. The company's investment team includes Tim Madey, Charlie Bellows, Mike Wallace, as well as the new member Randy Scherago.
YCharts, President and CEO, Sean Brown said: "On behalf of YCharts, I would like to congratulate this quarter's PSN Top Guns award winners for their outstanding performance during a particularly challenging period for investment managers. The second quarter tested even experienced professionals, as the market shifted from optimism at the beginning of the year to a more challenging environment, catching many portfolios off guard. What sets these winners apart is their disciplined approach and confidence in navigating uncertainty. They precisely managed their portfolios and delivered impressive results at critical moments."
The PSN Top Guns list evaluates products across more than 75 universes in six specific categories through the proprietary performance screening mechanism of PSN. The evaluation is based on sustained long-term performance. The Small Cap strategy of White Pine Capital has won a PSN Top Guns award, which signifies that this strategy achieved one of the top ten returns during its corresponding period and among its peers.
For the complete PSN Top Guns list and method overview, please refer to: https :// psn.fi.informais.com / PSNTopGuns / topguns_zephyr. asp
White Pine Capital has offices in Bloomington, Minnesota, and Purcellville, Virginia, and has been a registered independent investment advisor with the U.S. Securities and Exchange Commission since the year 2000. White Pine Capital is jointly managed by the company's president, CFA (the certificate holder), Michael Wallace, and the chief investment officer, Timothy Madey. White Pine Capital provides fee-based discretionary investment consulting services to high-net-worth individuals, family offices, and institutional clients.
About PSN
For over forty years, PSN has been an important resource for investment professionals. The PSN SMA database contains information on more than 2,800 companies, 285 sectors, and over 21,000 products, providing insights into asset distribution, compliance, key personnel, ownership diversity, ESG, business objectives and strategies, investment styles, fees, GIC industries, fixed-income ranges, as well as complete portfolio holdings. What sets PSN apart is its powerful database of data spanning over 40 years, which includes returns both before and after fees were deducted.
About YCharts
YCharts is a top-ranked investment research and client communication platform that helps financial advisors and asset managers make more informed investment decisions and communicate better with their clients. YCharts is trusted by over 15,000 financial professionals and has been recognized as a leader in the investment research market by Kitces and research. It provides intuitive tools for securities research, portfolio construction, AI assistance with proposals, client communication, and market monitoring. In the T3 / Inside Information Technology survey of 2026, YCharts was rated “Software All - Star” in five categories. YCharts also won the Wealthie Award award in 2025 for its AI Chat features and has been included in the Inc “5000 Fastest Growing Private Companies in the U.S.” list for ten consecutive years. For more information, visit www.ycharts.com.
