Andina Capital Management, LLC

Name: Andina Capital Management, LLC 13F holdings, Q2 2025
Creator: Andina Capital Management, LLC
Published: 2025-07-21

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 21, 2025), Andina Capital Management, LLC reported 144 stock positions worth $142.8 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 7.0% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 4.3%) and Innovator US Eqy Accl-Quart (XDSQ, 4.2%). Compared with Q1 2025, it opened 26 new positions, sold out of 7, added to 79 and reduced 36. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +194%) and the biggest sale Wisdomtree Floating Rate Tre (USFR, shares −56%).

Most Recent 13F: Q2 2026
Location: LOGAN, UT
CIK: 0001919158
Portfolio Value: $142.8M (Q2 2025)
SEC Filing: 0001667731-25-000892 ↗ filed Jul 21, 2025

Holdings Value

Holdings 144 stocks · $142.8M


AGG iShares Core U.S. Aggregate	7.04%	101,307	$10.0M	Reduce -10.9%
VEA Vanguard Ftse Developed ETF	4.34%	108,745	$6.2M	Add +23.6%
XDSQ Innovator US Eqy Accl-Quart	4.19%	160,139	$6.0M	Add +8.1%
VONG Vanguard Russell 1000 Growth	3.98%	52,022	$5.7M	Add +15.1%
VWO Vanguard Ftse Emerging Marke	3.56%	102,872	$5.1M	Add +24.1%
MTBA Simplify MBS ETF	2.71%	77,333	$3.9M	Reduce -20.5%
BUFR FT Vest Lad Buffervetf-Usd I	2.42%	108,798	$3.5M	Reduce -36.7%
VONV Vanguard Russell 1000 Value	2.22%	37,153	$3.2M	Add +18.0%
USFR Wisdomtree Floating Rate Tre	2.14%	60,755	$3.1M	Reduce -56.4%
SCHI Schwab 5-10 Year Corporate B	2.13%	133,495	$3.0M	Reduce -14.1%
FDIV Marketdsk Focused US DVD ETF	1.90%	104,224	$2.7M	Add +29.0%
FSK FS KKR Capital Corp.	1.90%	130,498	$2.7M	Add +24.5%
SMMD iShares Russell 2500 ETF	1.85%	38,942	$2.6M	Add +20.9%
BIL SS SPDR BB 1-3M T-Bill ETF	1.84%	28,614	$2.6M	Add +194.1%
FLBL Franklin Senior Loan ETF	1.82%	107,222	$2.6M	Reduce -14.5%
SPTL SS SPDR PF LNG TRM TSY E-Usd	1.82%	97,592	$2.6M	Reduce -19.1%
BUFF Innovator Laddered Allocatio	1.82%	55,161	$2.6M	Add +35.1%
NVDA Nvidia Corp.	1.57%	14,191	$2.2M	Add +7.4%
JQUA JPMorgan US Quality Factor	1.55%	36,899	$2.2M	Reduce -0.9%
JAAA Janus Henderson Aaa Clo ETF	1.31%	36,854	$1.9M	Add +82.6%
IBIT iShares Bitcoin Trust ETF	1.25%	29,245	$1.8M	Reduce -5.8%
IEF iShares 7-10 Year Treasury B	1.09%	16,300	$1.6M	Reduce -25.0%
PAAA Pgim Aaa Clo ETF	1.08%	30,056	$1.5M	Add +7.6%
ZROZ PIMCO 25+ YR Zero CPN US Tif	1.08%	22,937	$1.5M	Reduce -22.7%
FIXD First Trust Smith Opportunis	1.01%	33,010	$1.4M	Reduce -72.5%
AAPL Apple Inc.	0.99%	6,898	$1.4M	Add +1.6%
CTA Simplify Managed Futures St	0.96%	51,167	$1.4M	Add +0.4%
MSFT Microsoft Corp.	0.96%	2,746	$1.4M	Add +4.8%
CEF Sprott Physical Gold and Sil	0.91%	43,074	$1.3M	Add +13.7%
MUB iShares National Muni Bond E	0.90%	12,331	$1.3M	Reduce -13.0%
HYBB iShares BB Rated Corp. Bond	0.90%	27,405	$1.3M	Reduce -47.8%
JEPI JPMorgan Equity Premium Inco	0.83%	20,849	$1.2M	Add +0.3%
BUCK Simplify Treasury Option Inc.	0.82%	49,759	$1.2M	Add +0.5%
PHYS Sprott Physical Gold Trust	0.82%	45,962	$1.2M	No change
EDV Vanguard Extended Dur Treas	0.77%	16,273	$1.1M	Reduce -16.5%
IQLT iShares MSCI International Q	0.73%	24,283	$1.0M	Add +21.1%
NFLX Netflix Inc.	0.71%	761	$1.0M	Add +4.5%
STIP iShares 0-5 Year Tips Bond E	0.65%	9,016	$928K	New
FMTM Mrktdsk Foc US Mmntm ETF	0.65%	34,747	$927K	New
KMLM Kraneshares MT LC MN FT Id S	0.61%	33,037	$871K	Add +2.5%
TSLA Tesla Inc.	0.61%	2,734	$869K	Add +3.1%
QTOC Innovator Growth Accel PL-Oc	0.59%	26,590	$848K	New
AMZN Amazon.com Inc.	0.58%	3,791	$832K	Add +11.4%
XTOC Innovator US Eqy Accel PL-Oc	0.58%	26,312	$824K	New
VTI VG Morningstar TS MKT ETF-US	0.57%	2,698	$820K	Reduce -50.0%
AGGH Simplify Aggregate Bond ETF	0.57%	39,511	$816K	Reduce -14.4%
BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS	0.55%	23,899	$792K	Reduce -41.3%
SVOL Simplify Volatility Premium	0.55%	42,536	$782K	Reduce -46.9%
ETHA iShares Ethereum Trust ETF	0.52%	38,664	$737K	Add +37.8%
AVGO Broadcom Inc.	0.51%	2,656	$732K	Reduce -0.5%
LHX L3HARRIS Technologies Inc.	0.49%	2,792	$700K	No change
VCIT Vanguard Int-Term Corporate	0.48%	8,312	$689K	New
SGOV iShares 0-3 Month Treasury B	0.46%	6,484	$653K	Reduce -10.4%
META Meta Platforms Inc. Class A	0.45%	870	$642K	Add +1.5%
GOOGL Alphabet Inc. Class A	0.45%	3,643	$642K	Add +2.3%
RCL Royal Caribbean Cruises Ltd.	0.44%	2,000	$626K	Reduce -13.3%
QCOM Qualcomm Inc.	0.44%	3,919	$624K	Add +5.6%
MCO Moody's Corp.	0.43%	1,237	$620K	Add +1.6%
HEI Heico Corp.	0.42%	1,846	$605K	Add +1.7%
VST Vistra Corp.	0.41%	3,057	$592K	Add +5.3%
RSP Invesco S&P 500 Equal Weight	0.41%	3,222	$585K	Reduce -46.1%
THC Tenet Healthcare Corp.	0.41%	3,291	$579K	Add +1.9%
FTDR Frontdoor Inc.	0.40%	9,767	$576K	Add +6.2%
COST Costco Wholesale Corp.	0.40%	578	$572K	Add +124.9%
EA Electronic Arts Inc.	0.40%	3,560	$569K	Add +0.3%
ZTS Zoetis Inc.	0.39%	3,569	$557K	Add +2.4%
CBOE Cboe Global Markets Inc.	0.38%	2,355	$549K	Add +1.7%
AWI Armstrong World Industries	0.38%	3,360	$546K	Add +4.1%
MSI Motorola Solutions Inc.	0.37%	1,266	$532K	Add +2.0%
PAYX Paychex Inc.	0.36%	3,578	$520K	Add +2.1%
BIZD Vaneck BDC Income ETF	0.35%	30,467	$496K	Add +2.9%
CTAS Cintas Corp.	0.35%	2,218	$494K	Add +1.9%
OPCH Option Care Health Inc.	0.34%	14,755	$479K	Add +0.5%
WAB Wabtec Corp.	0.34%	2,287	$479K	Add +7.0%
RMD Resmed Inc.	0.34%	1,855	$479K	Add +4.6%
ETN Eaton Corp. PLC	0.34%	1,340	$478K	Add +4.2%
APP AppLovin Corp. Class A	0.33%	1,364	$478K	Add +8.5%
ITT Itt Inc.	0.33%	3,001	$471K	Add +3.7%
CRM Salesforce Inc.	0.33%	1,709	$466K	Add +8.6%
SCHD Schwab US DVD Equity ETF	0.32%	17,505	$464K	New
NYT New York Times Co. Class A	0.32%	8,276	$463K	Add +2.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.32%	13,624	$461K	Add +5.5%
MRSH Marsh & McLennan Cos	0.32%	2,084	$456K	Add +2.9%
ACM Aecom	0.32%	4,008	$452K	Add +3.6%
DPZ Domino's Pizza Inc.	0.31%	995	$448K	Add +1.9%
MORN Morningstar Inc.	0.31%	1,393	$437K	Add +7.6%
ZWS Zurn Elkay Water Solutions C	0.31%	11,934	$436K	Add +4.3%
FDS Factset Research Systems Inc.	0.30%	965	$432K	Add +6.4%
CROX Crocs Inc.	0.30%	4,199	$425K	Add +3.3%
IR Ingersoll-Rand Inc.	0.30%	5,081	$423K	Add +5.7%
MTCH Match Group Inc.	0.29%	13,605	$420K	Add +5.1%
V Visa Inc. Class A	0.29%	1,168	$415K	Add +2.2%
MMS Maximus Inc.	0.29%	5,877	$413K	Add +3.5%
CNC Centene Corp.	0.27%	7,186	$390K	Add +4.2%
VIGI Vanguard Int Div App Indx FD	0.27%	4,325	$390K	Reduce -9.9%
MAS Masco Corp.	0.27%	6,023	$388K	Add +7.3%
VRNT Verint Systems Inc.	0.27%	19,535	$384K	Add +17.2%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.27%	367	$382K	Add +4.6%
IWL iShares Russell Top 200 ETF	0.26%	2,417	$370K	Reduce -46.9%
ALSN Allison Transmission Holding	0.26%	3,870	$368K	Add +7.1%
IT Gartner Inc.	0.25%	888	$359K	Add +9.8%
GOOG Alphabet Inc. Class C	0.24%	1,946	$345K	Add +21.5%
PSLV Sprott Physical Silver Trust	0.24%	28,000	$343K	New
XMHQ Invesco S&P Midcap Qual ETF	0.23%	3,373	$331K	Reduce -49.5%
IWD iShares Russell 1000 Value E	0.23%	1,661	$323K	Reduce -51.9%
UNH Unitedhealth Group Inc.	0.22%	1,016	$317K	New
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.22%	6,686	$316K	Add +3.1%
SPGP Invesco S&P 500 Garp ETF	0.22%	2,934	$316K	Reduce -51.7%
MA Mastercard Inc. Class A	0.21%	532	$299K	Add +3.9%
JNJ Johnson & Johnson	0.21%	1,954	$298K	Reduce -1.7%
IAU iShares Gold Trust	0.20%	4,554	$284K	Reduce -33.5%
LLY Eli Lilly & Co.	0.20%	363	$283K	Add +3.1%
MSTR Strategy Inc. filed as MICROSTRATEGY INC	0.20%	693	$280K	New
PG The Procter & Gamble Co.	0.19%	1,678	$267K	Reduce -0.8%
LRCX Lam Research Corp.	0.19%	2,730	$266K	Reduce -1.8%
BSVO EA Bridgeway Omni Sm-Cp Val	0.18%	12,660	$258K	No change
JPM JPMorgan Chase & Co.	0.17%	849	$246K	New
SPY SS SPDR S&P 500 ETF Trust-US	0.17%	395	$244K	New
TSM Taiwan Semiconductor-SP ADR	0.17%	1,069	$242K	New
RS Reliance Inc.	0.17%	769	$241K	New
FINW Finwise Bancorp	0.17%	16,000	$240K	Reduce -65.2%
VB Vanguard Most SM-Cap ETF-Usd	0.17%	1,010	$239K	Reduce -32.7%
MASI Masimo Corp.	0.17%	1,420	$239K	New
XOM Exxon Mobil Corp.	0.16%	2,143	$231K	Add +10.1%
EOG EOG Resources Inc.	0.16%	1,917	$229K	Add +1.8%
PSH Pgim Short Duration High YLD	0.16%	4,528	$229K	Add +5.3%
ADP Automatic Data Processing	0.16%	738	$228K	Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B	0.16%	458	$222K	Add +1.3%
DFIV Dimensional International Va	0.15%	4,997	$214K	New
ADBE Adobe Inc.	0.15%	550	$213K	Add +0.2%
KLAC KLA Corp.	0.15%	236	$211K	New
KO The Coca-Cola Co.	0.15%	2,966	$210K	Reduce -3.4%
WMT Walmart Inc.	0.14%	2,087	$204K	New
SSRM SSR Mining Inc.	0.13%	14,865	$190K	New
FSCO FS Credit Opportunities Corp.	0.10%	20,212	$147K	Add +68.5%
WEAV Weave Communications Inc.	0.10%	17,515	$146K	New
AG First Majestic Silver Corp.	0.09%	16,100	$133K	New
CDE Coeur Mining Inc.	0.07%	12,006	$106K	New
FEAM 5E Advanced Materials Inc.	0.07%	28,169	$99K	New
EQX Equinox Gold Corp.	0.06%	13,860	$80K	New
SVM Silvercorp Metals Inc.	0.05%	16,740	$71K	New
HL Hecla Mining Co.	0.05%	11,747	$70K	New
MNTK Montauk Renewables Inc.	0.04%	28,630	$64K	Add +113.6%
ASM Avino Silver & Gold Mines	0.03%	13,500	$49K	New

Portfolio Sells Q1 2025 → Q2 2025


USFR Wisdomtree Floating Rate Tre	Reduce -56.4%	2.14%	−2.86
FIXD First Trust Smith Opportunis	Reduce -72.5%	1.01%	−2.73
BUFR FT Vest Lad Buffervetf-Usd I	Reduce -36.7%	2.42%	−1.21
AGG iShares Core U.S. Aggregate	Reduce -10.9%	7.04%	−0.97
HYBB iShares BB Rated Corp. Bond	Reduce -47.8%	0.90%	−0.83
MTBA Simplify MBS ETF	Reduce -20.5%	2.71%	−0.76
XDQQ Innovator GRW 100 Accel QTR	Sold out	0.00%	−0.61
SPTL SS SPDR PF LNG TRM TSY E-Usd	Reduce -19.1%	1.82%	−0.53
SVOL Simplify Volatility Premium	Reduce -46.9%	0.55%	−0.49
VTI VG Morningstar TS MKT ETF-US	Reduce -50.0%	0.57%	−0.48
ZROZ PIMCO 25+ YR Zero CPN US Tif	Reduce -22.7%	1.08%	−0.44
BCD Abrdn Bloomberg All Commodit	Reduce -41.3%	0.55%	−0.43
FINW Finwise Bancorp	Reduce -65.2%	0.17%	−0.41
XSVM Invesco S&P Smallcap Value W	Sold out	0.00%	−0.40
IEF iShares 7-10 Year Treasury B	Reduce -25.0%	1.09%	−0.38
SCHI Schwab 5-10 Year Corporate B	Reduce -14.1%	2.13%	−0.36
JBBB Janus Henderson B-BBB Clo Et	Sold out	0.00%	−0.36
FLBL Franklin Senior Loan ETF	Reduce -14.5%	1.82%	−0.33
RSP Invesco S&P 500 Equal Weight	Reduce -46.1%	0.41%	−0.33
VEU Vanguard Ftse All-World Ex-U	Sold out	0.00%	−0.30
IWD iShares Russell 1000 Value E	Reduce -51.9%	0.23%	−0.24
EDV Vanguard Extended Dur Treas	Reduce -16.5%	0.77%	−0.22
SPGP Invesco S&P 500 Garp ETF	Reduce -51.7%	0.22%	−0.21
XMHQ Invesco S&P Midcap Qual ETF	Reduce -49.5%	0.23%	−0.20
IWL iShares Russell Top 200 ETF	Reduce -46.9%	0.26%	−0.19
BUFD FT VST Lad Deep Buf ETF-Usdi	Sold out	0.00%	−0.18
SLV iShares Silver Trust	Sold out	0.00%	−0.18
MUB iShares National Muni Bond E	Reduce -13.0%	0.90%	−0.16
AGGH Simplify Aggregate Bond ETF	Reduce -14.4%	0.57%	−0.12
IAU iShares Gold Trust	Reduce -33.5%	0.20%	−0.09
VB Vanguard Most SM-Cap ETF-Usd	Reduce -32.7%	0.17%	−0.07
SGOV iShares 0-3 Month Treasury B	Reduce -10.4%	0.46%	−0.06
NAGE Niagen Bioscience Inc.	Sold out	0.00%	−0.05
JNJ Johnson & Johnson	Reduce -1.7%	0.21%	−0.03
PG The Procter & Gamble Co.	Reduce -0.8%	0.19%	−0.02
VIGI Vanguard Int Div App Indx FD	Reduce -9.9%	0.27%	−0.01
KO The Coca-Cola Co.	Reduce -3.4%	0.15%	−0.01
ADP Automatic Data Processing	Reduce -1.2%	0.16%	−0.00
LRCX Lam Research Corp.	Reduce -1.8%	0.19%	+0.04
JQUA JPMorgan US Quality Factor	Reduce -0.9%	1.55%	+0.05
RCL Royal Caribbean Cruises Ltd.	Reduce -13.3%	0.44%	+0.10
AVGO Broadcom Inc.	Reduce -0.5%	0.51%	+0.19
IBIT iShares Bitcoin Trust ETF	Reduce -5.8%	1.25%	+0.22

Portfolio Buys Q1 2025 → Q2 2025


BIL SS SPDR BB 1-3M T-Bill ETF	Add +194.1%	1.84%	+1.20
VEA Vanguard Ftse Developed ETF	Add +23.6%	4.34%	+1.16
VONG Vanguard Russell 1000 Growth	Add +15.1%	3.98%	+0.99
VWO Vanguard Ftse Emerging Marke	Add +24.1%	3.56%	+0.89
STIP iShares 0-5 Year Tips Bond E	New	0.65%	+0.65
FMTM Mrktdsk Foc US Mmntm ETF	New	0.65%	+0.65
QTOC Innovator Growth Accel PL-Oc	New	0.59%	+0.59
JAAA Janus Henderson Aaa Clo ETF	Add +82.6%	1.31%	+0.58
XTOC Innovator US Eqy Accel PL-Oc	New	0.58%	+0.58
NVDA Nvidia Corp.	Add +7.4%	1.57%	+0.55
BUFF Innovator Laddered Allocatio	Add +35.1%	1.82%	+0.53
XDSQ Innovator US Eqy Accl-Quart	Add +8.1%	4.19%	+0.52
VCIT Vanguard Int-Term Corporate	New	0.48%	+0.48
SMMD iShares Russell 2500 ETF	Add +20.9%	1.85%	+0.41
VONV Vanguard Russell 1000 Value	Add +18.0%	2.22%	+0.37
FDIV Marketdsk Focused US DVD ETF	Add +29.0%	1.90%	+0.36
FSK FS KKR Capital Corp.	Add +24.5%	1.90%	+0.33
SCHD Schwab US DVD Equity ETF	New	0.32%	+0.32
MSFT Microsoft Corp.	Add +4.8%	0.96%	+0.26
ETHA iShares Ethereum Trust ETF	Add +37.8%	0.52%	+0.24
PSLV Sprott Physical Silver Trust	New	0.24%	+0.24
NFLX Netflix Inc.	Add +4.5%	0.71%	+0.23
COST Costco Wholesale Corp.	Add +124.9%	0.40%	+0.23
UNH Unitedhealth Group Inc.	New	0.22%	+0.22
MSTR Strategy Inc.	New	0.20%	+0.20
JPM JPMorgan Chase & Co.	New	0.17%	+0.17
VST Vistra Corp.	Add +5.3%	0.41%	+0.17
SPY SS SPDR S&P 500 ETF Trust-US	New	0.17%	+0.17
TSM Taiwan Semiconductor-SP ADR	New	0.17%	+0.17
RS Reliance Inc.	New	0.17%	+0.17
IQLT iShares MSCI International Q	Add +21.1%	0.73%	+0.17
MASI Masimo Corp.	New	0.17%	+0.17
FTDR Frontdoor Inc.	Add +6.2%	0.40%	+0.15
DFIV Dimensional International Va	New	0.15%	+0.15
KLAC KLA Corp.	New	0.15%	+0.15
WMT Walmart Inc.	New	0.14%	+0.14
CEF Sprott Physical Gold and Sil	Add +13.7%	0.91%	+0.14
SSRM SSR Mining Inc.	New	0.13%	+0.13
AMZN Amazon.com Inc.	Add +11.4%	0.58%	+0.12
TSLA Tesla Inc.	Add +3.1%	0.61%	+0.12
WEAV Weave Communications Inc.	New	0.10%	+0.10
META Meta Platforms Inc. Class A	Add +1.5%	0.45%	+0.10
APP AppLovin Corp. Class A	Add +8.5%	0.33%	+0.10
THC Tenet Healthcare Corp.	Add +1.9%	0.41%	+0.10
AG First Majestic Silver Corp.	New	0.09%	+0.09
ETN Eaton Corp. PLC	Add +4.2%	0.34%	+0.09
HEI Heico Corp.	Add +1.7%	0.42%	+0.08
CDE Coeur Mining Inc.	New	0.07%	+0.07
FEAM 5E Advanced Materials Inc.	New	0.07%	+0.07
GOOG Alphabet Inc. Class C	Add +21.5%	0.24%	+0.06

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	65	$60.9M	BUFR, SGOV, USFR, PAAA, VEA
Q1 2026	118	$111.5M	AGG, FSK, VEA, XDSQ, BUFR
Q4 2025	143	$165.4M	AGG, USFR, XDSQ, VEA, BUFR
Q3 2025	152	$177.0M	USFR, AGG, XDSQ, VEA, BUFR
Q2 2025	144	$142.8M	AGG, VEA, XDSQ, VONG, VWO
Q1 2025	125	$140.4M	AGG, USFR, FIXD, XDSQ, BUFR
Q4 2024	107	$122.7M	AGG, FIXD, XDSQ, MTBA, JAAA
Q3 2024	111	$131.5M	FIXD, JAAA, AGG, MTBA, BUFR
Q2 2024	114	$133.1M	USFR, TUA, JAAA, FIXD, AGG
Q1 2024	103	$128.0M	FIXD, USFR, JAAA, IUSB, BUFD