Andina Capital Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Andina Capital Management, LLC reported 125 stock positions worth $140.4 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 8.0% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 5.0%) and First Trust Smith Opportunis (FIXD, 3.7%). Compared with Q4 2024, it opened 58 new positions, sold out of 40, added to 28 and reduced 37. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +179%) and the biggest sale Janus Henderson Aaa Clo ETF (JAAA, shares −80%).

Most Recent 13F
Q2 2026
Location
LOGAN, UT
CIK
0001919158
Portfolio Value
$140.4M (Q1 2025)
SEC Filing
0001667731-25-000626 ↗ filed May 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $128.0M Q1 2024 Q2 2024: $133.1M Q2 2024 Q3 2024: $131.5M Q3 2024 Q4 2024: $122.7M Q4 2024 Q1 2025: $140.4M $140.4M Q1 2025 Q2 2025: $142.8M Q2 2025 Q3 2025: $177.0M Q3 2025 Q4 2025: $165.4M Q4 2025 Q1 2026: $111.5M Q1 2026 Q2 2026: $60.9M Q2 2026

Holdings 125 stocks · $140.4M
AGG iShares Core U.S. Aggregate 8.01% 113,661 $11.2M Reduce -10.4%
USFR Wisdomtree Floating Rate Tre 5.00% 139,490 $7.0M Add +178.9%
FIXD First Trust Smith Opportunis 3.75% 120,018 $5.3M Reduce -13.8%
XDSQ Innovator US Eqy Accl-Quart 3.67% 148,162 $5.2M Reduce -1.3%
BUFR FT Vest Lad Buffervetf-Usd I 3.63% 171,857 $5.1M Add +29.8%
MTBA Simplify MBS ETF 3.47% 97,249 $4.9M Reduce -7.6%
VEA Vanguard Ftse Developed ETF 3.19% 87,994 $4.5M Add +21.1%
VONG Vanguard Russell 1000 Growth 2.99% 45,201 $4.2M Add +5.0%
VWO Vanguard Ftse Emerging Marke 2.67% 82,914 $3.8M Add +23.4%
SCHI Schwab 5-10 Year Corporate B 2.48% 155,324 $3.5M Reduce -0.9%
SPTL SS SPDR PF LNG TRM TSY E-Usd 2.34% 120,617 $3.3M New
FLBL Franklin Senior Loan ETF 2.15% 125,344 $3.0M Reduce -7.6%
VONV Vanguard Russell 1000 Value 1.85% 31,479 $2.6M Add +16.5%
HYBB iShares BB Rated Corp. Bond 1.73% 52,513 $2.4M Reduce -1.9%
FSK FS KKR Capital Corp. 1.56% 104,845 $2.2M Add +9.6%
FDIV Marketdsk Focused US DVD ETF 1.54% 80,803 $2.2M Add +24.5%
ZROZ PIMCO 25+ YR Zero CPN US Tif 1.51% 29,680 $2.1M New
JQUA JPMorgan US Quality Factor 1.50% 37,223 $2.1M Add +18.2%
IEF iShares 7-10 Year Treasury B 1.48% 21,728 $2.1M Add +32.0%
SMMD iShares Russell 2500 ETF 1.43% 32,205 $2.0M Add +27.4%
BUFF Innovator Laddered Allocatio 1.28% 40,835 $1.8M Add +2.2%
CTA Simplify Managed Futures St 1.07% 50,948 $1.5M Add +8.9%
AAPL Apple Inc. 1.07% 6,786 $1.5M Add +209.2%
MUB iShares National Muni Bond E 1.06% 14,177 $1.5M New
VTI VG Morningstar TS MKT ETF-US 1.06% 5,392 $1.5M Add +543.4%
SVOL Simplify Volatility Premium 1.04% 80,166 $1.5M Add +9.8%
IBIT iShares Bitcoin Trust ETF 1.04% 31,054 $1.5M Add +81.0%
PAAA Pgim Aaa Clo ETF 1.02% 27,927 $1.4M New
NVDA Nvidia Corp. 1.02% 13,217 $1.4M Add +515.9%
BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.99% 40,698 $1.4M Reduce -23.9%
EDV Vanguard Extended Dur Treas 0.99% 19,479 $1.4M Reduce -52.1%
BUCK Simplify Treasury Option Inc. 0.87% 49,526 $1.2M New
JEPI JPMorgan Equity Premium Inco 0.85% 20,796 $1.2M Reduce -3.2%
PHYS Sprott Physical Gold Trust 0.79% 45,962 $1.1M New
CEF Sprott Physical Gold and Sil 0.77% 37,881 $1.1M Add +27.2%
RSP Invesco S&P 500 Equal Weight 0.74% 5,980 $1.0M Reduce -21.2%
JAAA Janus Henderson Aaa Clo ETF 0.73% 20,182 $1.0M Reduce -79.8%
MSFT Microsoft Corp. 0.70% 2,619 $983K Add +209.2%
AGGH Simplify Aggregate Bond ETF 0.70% 46,177 $977K Reduce -14.5%
BIL SS SPDR BB 1-3M T-Bill ETF 0.64% 9,729 $892K Add +172.0%
KMLM Kraneshares MT LC MN FT Id S 0.63% 32,217 $879K Reduce -13.1%
XDQQ Innovator GRW 100 Accel QTR 0.61% 26,762 $852K Reduce -35.4%
FINW Finwise Bancorp 0.57% 46,000 $805K New
IQLT iShares MSCI International Q 0.57% 20,059 $796K Add +25.1%
SGOV iShares 0-3 Month Treasury B 0.52% 7,237 $729K Reduce -1.4%
TSLA Tesla Inc. 0.49% 2,651 $687K Add +108.6%
NFLX Netflix Inc. 0.48% 728 $679K New
IWD iShares Russell 1000 Value E 0.46% 3,453 $650K Reduce -24.4%
AMZN Amazon.com Inc. 0.46% 3,403 $647K New
IWL iShares Russell Top 200 ETF 0.45% 4,554 $626K Reduce -26.5%
XMHQ Invesco S&P Midcap Qual ETF 0.44% 6,686 $612K Reduce -22.3%
SPGP Invesco S&P 500 Garp ETF 0.43% 6,078 $607K Reduce -20.4%
LHX L3HARRIS Technologies Inc. 0.42% 2,792 $584K No change
ZTS Zoetis Inc. 0.41% 3,487 $574K New
QCOM Qualcomm Inc. 0.41% 3,712 $570K Add +152.0%
MCO Moody's Corp. 0.40% 1,217 $567K New
XSVM Invesco S&P Smallcap Value W 0.40% 11,178 $561K Reduce -21.1%
GOOGL Alphabet Inc. Class A 0.39% 3,563 $551K Add +52.7%
MSI Motorola Solutions Inc. 0.39% 1,241 $543K New
PAYX Paychex Inc. 0.39% 3,505 $541K New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.38% 12,911 $540K New
CBOE Cboe Global Markets Inc. 0.37% 2,315 $524K New
OPCH Option Care Health Inc. 0.37% 14,685 $513K New
EA Electronic Arts Inc. 0.37% 3,551 $513K New
JBBB Janus Henderson B-BBB Clo Et 0.36% 10,273 $500K New
BIZD Vaneck BDC Income ETF 0.35% 29,621 $496K Add +0.3%
MRSH Marsh & McLennan Cos 0.35% 2,025 $494K New
META Meta Platforms Inc. Class A 0.35% 857 $494K New
HEI Heico Corp. 0.35% 1,815 $485K New
RCL Royal Caribbean Cruises Ltd. 0.34% 2,306 $474K Reduce -30.4%
AWI Armstrong World Industries 0.32% 3,227 $455K New
DPZ Domino's Pizza Inc. 0.32% 976 $448K New
CTAS Cintas Corp. 0.32% 2,177 $448K Reduce -6.9%
AVGO Broadcom Inc. 0.32% 2,669 $447K Reduce -53.7%
THC Tenet Healthcare Corp. 0.31% 3,229 $434K New
CROX Crocs Inc. 0.31% 4,067 $432K New
VEU Vanguard Ftse All-World Ex-U 0.30% 7,023 $426K New
CRM Salesforce Inc. 0.30% 1,574 $422K New
CNC Centene Corp. 0.30% 6,899 $419K New
FDS Factset Research Systems Inc. 0.29% 907 $412K Add +23.7%
MTCH Match Group Inc. 0.29% 12,947 $404K New
IAU iShares Gold Trust 0.29% 6,845 $404K Reduce -17.6%
V Visa Inc. Class A 0.29% 1,143 $401K Reduce -47.1%
NYT New York Times Co. Class A 0.28% 8,066 $400K New
VIGI Vanguard Int Div App Indx FD 0.28% 4,799 $398K New
RMD Resmed Inc. 0.28% 1,774 $397K New
MAS Masco Corp. 0.28% 5,614 $390K New
MORN Morningstar Inc. 0.28% 1,295 $388K New
ETHA iShares Ethereum Trust ETF 0.28% 28,049 $388K New
WAB Wabtec Corp. 0.28% 2,137 $388K New
MMS Maximus Inc. 0.28% 5,676 $387K New
IR Ingersoll-Rand Inc. 0.27% 4,809 $385K Reduce -30.0%
ZWS Zurn Elkay Water Solutions C 0.27% 11,441 $377K New
ITT Itt Inc. 0.27% 2,895 $374K New
ACM Aecom 0.26% 3,870 $359K New
FTDR Frontdoor Inc. 0.25% 9,199 $353K New
ETN Eaton Corp. PLC 0.25% 1,286 $350K Reduce -36.3%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.25% 351 $347K New
ALSN Allison Transmission Holding 0.25% 3,612 $346K Reduce -29.8%
VST Vistra Corp. 0.24% 2,903 $341K New
IT Gartner Inc. 0.24% 809 $340K New
APP AppLovin Corp. Class A 0.24% 1,257 $333K New
VB Vanguard Most SM-Cap ETF-Usd 0.24% 1,501 $333K Reduce -20.4%
JNJ Johnson & Johnson 0.23% 1,988 $330K New
VRNT Verint Systems Inc. 0.21% 16,671 $298K New
LLY Eli Lilly & Co. 0.21% 352 $291K New
PG The Procter & Gamble Co. 0.21% 1,691 $288K New
MA Mastercard Inc. Class A 0.20% 512 $281K Reduce -1.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.19% 6,482 $270K Add +29.6%
BUFD FT VST Lad Deep Buf ETF-Usdi 0.18% 10,259 $256K Reduce -26.2%
GOOG Alphabet Inc. Class C 0.18% 1,602 $250K New
SLV iShares Silver Trust 0.18% 8,033 $249K Reduce -18.4%
BSVO EA Bridgeway Omni Sm-Cp Val 0.18% 12,660 $246K No change
COST Costco Wholesale Corp. 0.17% 257 $243K New
EOG EOG Resources Inc. 0.17% 1,883 $241K Reduce -5.7%
BRK.B Berkshire Hathaway Inc. Class B 0.17% 452 $241K New
XOM Exxon Mobil Corp. 0.16% 1,947 $232K Reduce -22.6%
ADP Automatic Data Processing 0.16% 747 $228K Reduce -6.5%
KO The Coca-Cola Co. 0.16% 3,071 $220K New
PSH Pgim Short Duration High YLD 0.15% 4,301 $216K New
ADBE Adobe Inc. 0.15% 549 $211K Reduce -31.9%
LRCX Lam Research Corp. 0.14% 2,781 $202K New
FSCO FS Credit Opportunities Corp. 0.06% 11,995 $85K New
NAGE Niagen Bioscience Inc. 0.05% 10,338 $71K New
MNTK Montauk Renewables Inc. 0.02% 13,402 $28K New

Portfolio Sells Q4 2024 → Q1 2025
JAAA Janus Henderson Aaa Clo ETF Reduce -79.8% 0.73% −3.41
AGG iShares Core U.S. Aggregate Reduce -10.4% 8.01% −2.01
EDV Vanguard Extended Dur Treas Reduce -52.1% 0.99% −1.26
FIXD First Trust Smith Opportunis Reduce -13.8% 3.75% −1.13
HIGH Simplify Enhanced Income ETF Sold out 0.00% −0.99
MTBA Simplify MBS ETF Reduce -7.6% 3.47% −0.79
XDSQ Innovator US Eqy Accl-Quart Reduce -1.3% 3.67% −0.79
AVGO Broadcom Inc. Reduce -53.7% 0.32% −0.77
EPAC Enerpac Tool Group Corp. Sold out 0.00% −0.75
WHD Cactus Inc. Class A Sold out 0.00% −0.73
XDQQ Innovator GRW 100 Accel QTR Reduce -35.4% 0.61% −0.57
FLBL Franklin Senior Loan ETF Reduce -7.6% 2.15% −0.54
VNOM Viper Energy Inc. Sold out 0.00% −0.52
BRBR Bellring Brands Inc. Sold out 0.00% −0.51
CSW CSW Industrials Inc. Sold out 0.00% −0.47
EXP Eagle Materials Inc. Sold out 0.00% −0.47
CAT Caterpillar Inc. Sold out 0.00% −0.43
FISV Fiserv Inc. Sold out 0.00% −0.43
ABNB Airbnb Inc. Class A Sold out 0.00% −0.42
HUBB Hubbell Inc. Sold out 0.00% −0.41
CNM Core & Main Inc. Class A Sold out 0.00% −0.38
BCD Abrdn Bloomberg All Commodit Reduce -23.9% 0.99% −0.38
CTSH Cognizant Tech Solutions-A Sold out 0.00% −0.35
RSP Invesco S&P 500 Equal Weight Reduce -21.2% 0.74% −0.35
BRC Brady Corporation Class A Sold out 0.00% −0.34
SCHI Schwab 5-10 Year Corporate B Reduce -0.9% 2.48% −0.34
HURN Huron Consulting Group Inc. Sold out 0.00% −0.33
ARLP Alliance Resource Partners Sold out 0.00% −0.33
LBRT Liberty Energy Inc. Sold out 0.00% −0.31
EXTR Extreme Networks Inc. Sold out 0.00% −0.30
ETN Eaton Corp. PLC Reduce -36.3% 0.25% −0.30
INTU Intuit Inc. Sold out 0.00% −0.29
RCL Royal Caribbean Cruises Ltd. Reduce -30.4% 0.34% −0.29
IWL iShares Russell Top 200 ETF Reduce -26.5% 0.45% −0.28
WTS Watts Water Technologies-A Sold out 0.00% −0.28
PAYC Paycom Software Inc. Sold out 0.00% −0.28
HYBB iShares BB Rated Corp. Bond Reduce -1.9% 1.73% −0.28
FTV Fortive Corp. Sold out 0.00% −0.28
SYY Sysco Corp. Sold out 0.00% −0.27
V Visa Inc. Class A Reduce -47.1% 0.29% −0.27
XMHQ Invesco S&P Midcap Qual ETF Reduce -22.3% 0.44% −0.25
LNTH Lantheus Holdings Inc. Sold out 0.00% −0.25
TBIL F/M US Treasury 3 Month Bill Sold out 0.00% −0.24
CSCO Cisco Systems Inc. Sold out 0.00% −0.23
IR Ingersoll-Rand Inc. Reduce -30.0% 0.27% −0.23
XSVM Invesco S&P Smallcap Value W Reduce -21.1% 0.40% −0.23
IWD iShares Russell 1000 Value E Reduce -24.4% 0.46% −0.23
KMLM Kraneshares MT LC MN FT Id S Reduce -13.1% 0.63% −0.22
SPGP Invesco S&P 500 Garp ETF Reduce -20.4% 0.43% −0.22
CMCO Columbus McKinnon Corp. Sold out 0.00% −0.22

Portfolio Buys Q4 2024 → Q1 2025
USFR Wisdomtree Floating Rate Tre Add +178.9% 5.00% +2.95
SPTL SS SPDR PF LNG TRM TSY E-Usd New 2.34% +2.34
ZROZ PIMCO 25+ YR Zero CPN US Tif New 1.51% +1.51
MUB iShares National Muni Bond E New 1.06% +1.06
PAAA Pgim Aaa Clo ETF New 1.02% +1.02
BUCK Simplify Treasury Option Inc. New 0.87% +0.87
VTI VG Morningstar TS MKT ETF-US Add +543.4% 1.06% +0.86
PHYS Sprott Physical Gold Trust New 0.79% +0.79
NVDA Nvidia Corp. Add +515.9% 1.02% +0.79
AAPL Apple Inc. Add +209.2% 1.07% +0.63
FINW Finwise Bancorp New 0.57% +0.57
NFLX Netflix Inc. New 0.48% +0.48
AMZN Amazon.com Inc. New 0.46% +0.46
MSFT Microsoft Corp. Add +209.2% 0.70% +0.41
ZTS Zoetis Inc. New 0.41% +0.41
MCO Moody's Corp. New 0.40% +0.40
MSI Motorola Solutions Inc. New 0.39% +0.39
PAYX Paychex Inc. New 0.39% +0.39
SLB SLB Ltd. New 0.38% +0.38
CBOE Cboe Global Markets Inc. New 0.37% +0.37
BIL SS SPDR BB 1-3M T-Bill ETF Add +172.0% 0.64% +0.37
EA Electronic Arts Inc. New 0.37% +0.37
OPCH Option Care Health Inc. New 0.37% +0.37
JBBB Janus Henderson B-BBB Clo Et New 0.36% +0.36
VEA Vanguard Ftse Developed ETF Add +21.1% 3.19% +0.35
MRSH Marsh & McLennan Cos New 0.35% +0.35
META Meta Platforms Inc. Class A New 0.35% +0.35
HEI Heico Corp. New 0.35% +0.35
BUFR FT Vest Lad Buffervetf-Usd I Add +29.8% 3.63% +0.34
AWI Armstrong World Industries New 0.32% +0.32
DPZ Domino's Pizza Inc. New 0.32% +0.32
THC Tenet Healthcare Corp. New 0.31% +0.31
CROX Crocs Inc. New 0.31% +0.31
VEU Vanguard Ftse All-World Ex-U New 0.30% +0.30
CRM Salesforce Inc. New 0.30% +0.30
CNC Centene Corp. New 0.30% +0.30
IBIT iShares Bitcoin Trust ETF Add +81.0% 1.04% +0.29
MTCH Match Group Inc. New 0.29% +0.29
NYT New York Times Co. Class A New 0.28% +0.28
VIGI Vanguard Int Div App Indx FD New 0.28% +0.28
RMD Resmed Inc. New 0.28% +0.28
MAS Masco Corp. New 0.28% +0.28
MORN Morningstar Inc. New 0.28% +0.28
ETHA iShares Ethereum Trust ETF New 0.28% +0.28
WAB Wabtec Corp. New 0.28% +0.28
MMS Maximus Inc. New 0.28% +0.28
ZWS Zurn Elkay Water Solutions C New 0.27% +0.27
ITT Itt Inc. New 0.27% +0.27
VWO Vanguard Ftse Emerging Marke Add +23.4% 2.67% +0.26
ACM Aecom New 0.26% +0.26

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 65$60.9MBUFR, SGOV, USFR, PAAA, VEA
Q1 2026 118$111.5MAGG, FSK, VEA, XDSQ, BUFR
Q4 2025 143$165.4MAGG, USFR, XDSQ, VEA, BUFR
Q3 2025 152$177.0MUSFR, AGG, XDSQ, VEA, BUFR
Q2 2025 144$142.8MAGG, VEA, XDSQ, VONG, VWO
Q1 2025 125$140.4MAGG, USFR, FIXD, XDSQ, BUFR
Q4 2024 107$122.7MAGG, FIXD, XDSQ, MTBA, JAAA
Q3 2024 111$131.5MFIXD, JAAA, AGG, MTBA, BUFR
Q2 2024 114$133.1MUSFR, TUA, JAAA, FIXD, AGG
Q1 2024 103$128.0MFIXD, USFR, JAAA, IUSB, BUFD