Andina Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 30, 2025), Andina Capital Management, LLC reported 152 stock positions worth $177.0 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 8.1% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 5.5%) and Innovator US Eqy Accl-Quart (XDSQ, 3.9%). Compared with Q2 2025, it opened 14 new positions, sold out of 6, added to 88 and reduced 41. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +371%) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- LOGAN, UT
- CIK
- 0001919158
- Portfolio Value
- $177.0M (Q3 2025)
- SEC Filing
- 0001919158-25-000004 ↗ filed Oct 30, 2025
Holdings Value
Holdings 152 stocks · $177.0M
| USFR Wisdomtree Floating Rate Tre | 8.13% | 286,370 | $14.4M | Add +371.4% |
| AGG iShares Core U.S. Aggregate | 5.53% | 97,588 | $9.8M | Reduce -3.7% |
| XDSQ Innovator US Eqy Accl-Quart | 3.85% | 170,986 | $6.8M | Add +6.8% |
| VEA Vanguard Ftse Developed ETF | 3.82% | 112,821 | $6.8M | Add +3.8% |
| BUFR FT Vest Lad Buffervetf-Usd I | 3.76% | 199,274 | $6.7M | Add +83.2% |
| CRWV Coreweave Inc. Class A | 3.50% | 45,236 | $6.2M | New |
| VWO Vanguard Ftse Emerging Marke | 3.27% | 106,873 | $5.8M | Add +3.9% |
| VONG Vanguard Russell 1000 Growth | 3.01% | 44,145 | $5.3M | Reduce -15.1% |
| FLBL Franklin Senior Loan ETF | 2.00% | 147,030 | $3.5M | Add +37.1% |
| MTBA Simplify MBS ETF | 2.00% | 70,135 | $3.5M | Reduce -9.3% |
| FTSL First Trust Senior Loan ETF | 1.99% | 76,882 | $3.5M | New |
| FSK FS KKR Capital Corp. | 1.93% | 228,975 | $3.4M | Add +75.5% |
| VONV Vanguard Russell 1000 Value | 1.74% | 34,512 | $3.1M | Reduce -7.1% |
| FDIV Marketdsk Focused US DVD ETF | 1.73% | 114,082 | $3.1M | Add +9.5% |
| SCHI Schwab 5-10 Year Corporate B | 1.62% | 124,483 | $2.9M | Reduce -6.8% |
| SMMD iShares Russell 2500 ETF | 1.48% | 35,449 | $2.6M | Reduce -9.0% |
| JQUA JPMorgan US Quality Factor | 1.41% | 39,638 | $2.5M | Add +7.4% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.40% | 91,847 | $2.5M | Reduce -5.9% |
| BUFF Innovator Laddered Allocatio | 1.39% | 50,248 | $2.5M | Reduce -8.9% |
| PAAA Pgim Aaa Clo ETF | 1.31% | 44,902 | $2.3M | Add +49.4% |
| NVDA Nvidia Corp. | 1.30% | 12,306 | $2.3M | Reduce -13.3% |
| IBIT iShares Bitcoin Trust ETF | 1.17% | 31,895 | $2.1M | Add +9.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.17% | 22,493 | $2.1M | Reduce -21.4% |
| JAAA Janus Henderson Aaa Clo ETF | 1.12% | 38,910 | $2.0M | Add +5.6% |
| FMTM Mrktdsk Foc US Mmntm ETF | 0.97% | 57,382 | $1.7M | Add +65.1% |
| DFII FT Vest BTC Stra & TR in ETF | 0.90% | 66,459 | $1.6M | New |
| CEF Sprott Physical Gold and Sil | 0.90% | 43,173 | $1.6M | Add +0.2% |
| IEF iShares 7-10 Year Treasury B | 0.89% | 16,361 | $1.6M | Add +0.4% |
| CTA Simplify Managed Futures St | 0.86% | 54,602 | $1.5M | Add +6.7% |
| JEPI JPMorgan Equity Premium Inco | 0.85% | 26,382 | $1.5M | Add +26.5% |
| AAPL Apple Inc. | 0.84% | 5,838 | $1.5M | Reduce -15.4% |
| PHYS Sprott Physical Gold Trust | 0.77% | 45,962 | $1.4M | No change |
| TSLA Tesla Inc. | 0.75% | 3,002 | $1.3M | Add +9.8% |
| FIXD First Trust Smith Opportunis | 0.75% | 29,801 | $1.3M | Reduce -9.7% |
| MUB iShares National Muni Bond E | 0.70% | 11,566 | $1.2M | Reduce -6.2% |
| IQLT iShares MSCI International Q | 0.69% | 27,460 | $1.2M | Add +13.1% |
| MSFT Microsoft Corp. | 0.66% | 2,242 | $1.2M | Reduce -18.4% |
| HYBB iShares BB Rated Corp. Bond | 0.66% | 24,541 | $1.2M | Reduce -10.4% |
| ETHA iShares Ethereum Trust ETF | 0.61% | 34,500 | $1.1M | Reduce -10.8% |
| SVOL Simplify Volatility Premium | 0.55% | 54,424 | $980K | Add +27.9% |
| QTOC Innovator Growth Accel PL-Oc | 0.54% | 28,555 | $949K | Add +7.4% |
| BUCK Simplify Treasury Option Inc. | 0.53% | 39,254 | $936K | Reduce -21.1% |
| XTOC Innovator US Eqy Accel PL-Oc | 0.52% | 28,457 | $928K | Add +8.2% |
| KMLM Kraneshares MT LC MN FT Id S | 0.52% | 33,883 | $912K | Add +2.6% |
| NFLX Netflix Inc. | 0.50% | 740 | $887K | Reduce -2.8% |
| BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.49% | 25,247 | $867K | Add +5.6% |
| AGGH Simplify Aggregate Bond ETF | 0.49% | 41,648 | $863K | Add +5.4% |
| LHX L3HARRIS Technologies Inc. | 0.48% | 2,792 | $853K | No change |
| STIP iShares 0-5 Year Tips Bond E | 0.48% | 8,160 | $843K | Reduce -9.5% |
| RCL Royal Caribbean Cruises Ltd. | 0.44% | 2,423 | $784K | Add +21.1% |
| AVGO Broadcom Inc. | 0.44% | 2,356 | $777K | Reduce -11.3% |
| EA Electronic Arts Inc. | 0.41% | 3,603 | $727K | Add +1.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.41% | 2,195 | $720K | Reduce -18.6% |
| FTDR Frontdoor Inc. | 0.39% | 10,255 | $690K | Add +5.0% |
| AWI Armstrong World Industries | 0.39% | 3,483 | $683K | Add +3.7% |
| THC Tenet Healthcare Corp. | 0.39% | 3,360 | $682K | Add +2.1% |
| QCOM Qualcomm Inc. | 0.38% | 4,044 | $673K | Add +3.2% |
| AMZN Amazon.com Inc. | 0.37% | 2,979 | $654K | Reduce -21.4% |
| RSP Invesco S&P 500 Equal Weight | 0.36% | 3,355 | $637K | Add +4.1% |
| GOOGL Alphabet Inc. Class A | 0.36% | 2,610 | $635K | Reduce -28.4% |
| VCIT Vanguard Int-Term Corporate | 0.36% | 7,514 | $632K | Reduce -9.6% |
| VST Vistra Corp. | 0.35% | 3,161 | $619K | Add +3.4% |
| MSTR Strategy Inc. | 0.34% | 1,875 | $604K | Add +170.6% |
| MCO Moody's Corp. | 0.34% | 1,264 | $602K | Add +2.2% |
| HEI Heico Corp. | 0.34% | 1,861 | $601K | Add +0.8% |
| MSI Motorola Solutions Inc. | 0.34% | 1,313 | $600K | Add +3.7% |
| CBOE Cboe Global Markets Inc. | 0.34% | 2,439 | $598K | Add +3.6% |
| BIZD Vaneck BDC Income ETF | 0.33% | 39,312 | $587K | Add +29.0% |
| ZWS Zurn Elkay Water Solutions C | 0.33% | 12,418 | $584K | Add +4.1% |
| GOOG Alphabet Inc. Class C | 0.32% | 2,341 | $570K | Add +20.3% |
| APP AppLovin Corp. Class A | 0.32% | 779 | $560K | Reduce -42.9% |
| ZTS Zoetis Inc. | 0.32% | 3,825 | $560K | Add +7.2% |
| MMS Maximus Inc. | 0.32% | 6,112 | $558K | Add +4.0% |
| ITT Itt Inc. | 0.31% | 3,117 | $557K | Add +3.9% |
| META Meta Platforms Inc. Class A | 0.31% | 742 | $545K | Reduce -14.7% |
| ACM Aecom | 0.31% | 4,171 | $544K | Add +4.1% |
| RMD Resmed Inc. | 0.30% | 1,932 | $529K | Add +4.2% |
| ETN Eaton Corp. PLC | 0.29% | 1,385 | $518K | Add +3.4% |
| MTCH Match Group Inc. | 0.28% | 14,173 | $501K | Add +4.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.28% | 14,541 | $500K | Add +6.7% |
| NYT New York Times Co. Class A | 0.28% | 8,667 | $497K | Add +4.7% |
| WAB Wabtec Corp. | 0.28% | 2,453 | $492K | Add +7.3% |
| CNC Centene Corp. | 0.28% | 13,682 | $488K | Add +90.4% |
| PAYX Paychex Inc. | 0.28% | 3,851 | $488K | Add +7.6% |
| CTAS Cintas Corp. | 0.27% | 2,351 | $482K | Add +6.0% |
| SGOV iShares 0-3 Month Treasury B | 0.27% | 4,777 | $481K | Reduce -26.3% |
| SCHD Schwab US DVD Equity ETF | 0.27% | 17,505 | $478K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 693 | $461K | Add +75.4% |
| DPZ Domino's Pizza Inc. | 0.26% | 1,064 | $459K | Add +6.9% |
| MRSH Marsh & McLennan Cos | 0.26% | 2,272 | $458K | Add +9.0% |
| VIGI Vanguard Int Div App Indx FD | 0.26% | 5,076 | $455K | Add +17.4% |
| IR Ingersoll-Rand Inc. | 0.26% | 5,483 | $453K | Add +7.9% |
| IT Gartner Inc. | 0.26% | 1,717 | $451K | Add +93.4% |
| MAS Masco Corp. | 0.26% | 6,411 | $451K | Add +6.4% |
| CRM Salesforce Inc. | 0.25% | 1,897 | $450K | Add +11.0% |
| OPCH Option Care Health Inc. | 0.25% | 15,901 | $441K | Add +7.8% |
| PSLV Sprott Physical Silver Trust | 0.25% | 28,100 | $441K | Add +0.4% |
| VRNT Verint Systems Inc. | 0.24% | 20,940 | $424K | Add +7.2% |
| COST Costco Wholesale Corp. | 0.24% | 452 | $418K | Reduce -21.8% |
| IWL iShares Russell Top 200 ETF | 0.24% | 2,518 | $418K | Add +4.2% |
Portfolio Sells Q2 2025 → Q3 2025
| AGG iShares Core U.S. Aggregate | Reduce -3.7% | 5.53% | −1.51 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Sold out | 0.00% | −1.08 |
| VONG Vanguard Russell 1000 Growth | Reduce -15.1% | 3.01% | −0.97 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −0.77 |
| MTBA Simplify MBS ETF | Reduce -9.3% | 2.00% | −0.72 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -21.4% | 1.17% | −0.67 |
| SCHI Schwab 5-10 Year Corporate B | Reduce -6.8% | 1.62% | −0.50 |
| VONV Vanguard Russell 1000 Value | Reduce -7.1% | 1.74% | −0.47 |
| BUFF Innovator Laddered Allocatio | Reduce -8.9% | 1.39% | −0.43 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -5.9% | 1.40% | −0.42 |
| SMMD iShares Russell 2500 ETF | Reduce -9.0% | 1.48% | −0.37 |
| MSFT Microsoft Corp. | Reduce -18.4% | 0.66% | −0.30 |
| BUCK Simplify Treasury Option Inc. | Reduce -21.1% | 0.53% | −0.29 |
| NVDA Nvidia Corp. | Reduce -13.3% | 1.30% | −0.27 |
| FIXD First Trust Smith Opportunis | Reduce -9.7% | 0.75% | −0.27 |
| HYBB iShares BB Rated Corp. Bond | Reduce -10.4% | 0.66% | −0.25 |
| AMZN Amazon.com Inc. | Reduce -21.4% | 0.37% | −0.21 |
| NFLX Netflix Inc. | Reduce -2.8% | 0.50% | −0.21 |
| MUB iShares National Muni Bond E | Reduce -6.2% | 0.70% | −0.21 |
| SGOV iShares 0-3 Month Treasury B | Reduce -26.3% | 0.27% | −0.19 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -9.5% | 0.48% | −0.17 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.17 |
| FINW Finwise Bancorp | Sold out | 0.00% | −0.17 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -18.6% | 0.41% | −0.17 |
| COST Costco Wholesale Corp. | Reduce -21.8% | 0.24% | −0.16 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.16 |
| AAPL Apple Inc. | Reduce -15.4% | 0.84% | −0.15 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.14 |
| META Meta Platforms Inc. Class A | Reduce -14.7% | 0.31% | −0.14 |
| VCIT Vanguard Int-Term Corporate | Reduce -9.6% | 0.36% | −0.13 |
| V Visa Inc. Class A | Reduce -21.8% | 0.18% | −0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -28.4% | 0.36% | −0.09 |
| AVGO Broadcom Inc. | Reduce -11.3% | 0.44% | −0.07 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -18.7% | 0.15% | −0.07 |
| IWD iShares Russell 1000 Value E | Reduce -16.3% | 0.16% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -15.4% | 0.13% | −0.07 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -12.7% | 0.17% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -20.4% | 0.12% | −0.05 |
| RS Reliance Inc. | Reduce -4.0% | 0.12% | −0.05 |
| LRCX Lam Research Corp. | Reduce -29.2% | 0.15% | −0.04 |
| FSCO FS Credit Opportunities Corp. | Reduce -9.0% | 0.07% | −0.03 |
| DFIV Dimensional International Va | Reduce -1.1% | 0.13% | −0.02 |
| KLAC KLA Corp. | Reduce -11.0% | 0.13% | −0.02 |
| APP AppLovin Corp. Class A | Reduce -42.9% | 0.32% | −0.02 |
| CDE Coeur Mining Inc. | Reduce -0.3% | 0.13% | +0.05 |
| SSRM SSR Mining Inc. | Reduce -0.4% | 0.20% | +0.07 |
| ETHA iShares Ethereum Trust ETF | Reduce -10.8% | 0.61% | +0.10 |
Portfolio Buys Q2 2025 → Q3 2025
| USFR Wisdomtree Floating Rate Tre | Add +371.4% | 8.13% | +5.99 |
| CRWV Coreweave Inc. Class A | New | 3.50% | +3.50 |
| FTSL First Trust Senior Loan ETF | New | 1.99% | +1.99 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +83.2% | 3.76% | +1.34 |
| DFII FT Vest BTC Stra & TR in ETF | New | 0.90% | +0.90 |
| FMTM Mrktdsk Foc US Mmntm ETF | Add +65.1% | 0.97% | +0.32 |
| BUFD FT VST Lad Deep Buf ETF-Usdi | New | 0.23% | +0.23 |
| APRH Innov Prem Inc. 20 Barr-April | New | 0.23% | +0.23 |
| PAAA Pgim Aaa Clo ETF | Add +49.4% | 1.31% | +0.22 |
| AFRM Affirm Holdings Inc. | New | 0.20% | +0.20 |
| FLBL Franklin Senior Loan ETF | Add +37.1% | 2.00% | +0.18 |
| TSLA Tesla Inc. | Add +9.8% | 0.75% | +0.15 |
| MSTR Strategy Inc. | Add +170.6% | 0.34% | +0.15 |
| JHCP Jhancock Core Plus Bond ETF | New | 0.14% | +0.14 |
| SLV iShares Silver Trust | New | 0.14% | +0.14 |
| ONEQ Fidelity Nasdaq Comp Indx | New | 0.13% | +0.13 |
| B Barrick Mining Corp. | New | 0.12% | +0.12 |
| AMAT Applied Materials Inc. | New | 0.12% | +0.12 |
| ANET Arista Networks Inc. | New | 0.12% | +0.12 |
| DSU BlackRock Debt Strategies | New | 0.12% | +0.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +75.4% | 0.26% | +0.09 |
| GOOG Alphabet Inc. Class C | Add +20.3% | 0.32% | +0.08 |
| EXK Endeavour Silver Corp. | New | 0.05% | +0.05 |
| FSK FS KKR Capital Corp. | Add +75.5% | 1.93% | +0.04 |
| EQX Equinox Gold Corp. | Add +0.4% | 0.09% | +0.03 |
| WEAV Weave Communications Inc. | Add +102.6% | 0.13% | +0.03 |
| HL Hecla Mining Co. | Add +0.0% | 0.08% | +0.03 |
| MMS Maximus Inc. | Add +4.0% | 0.32% | +0.03 |
| ZWS Zurn Elkay Water Solutions C | Add +4.1% | 0.33% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +37.1% | 0.18% | +0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +26.5% | 0.85% | +0.02 |
| EA Electronic Arts Inc. | Add +1.2% | 0.41% | +0.01 |
| PSLV Sprott Physical Silver Trust | Add +0.4% | 0.25% | +0.01 |
| IAU iShares Gold Trust | Add +10.2% | 0.21% | +0.01 |
| SVOL Simplify Volatility Premium | Add +27.9% | 0.55% | +0.01 |
| RCL Royal Caribbean Cruises Ltd. | Add +21.1% | 0.44% | +0.00 |
| IT Gartner Inc. | Add +93.4% | 0.26% | +0.00 |
| AWI Armstrong World Industries | Add +3.7% | 0.39% | +0.00 |
| JNJ Johnson & Johnson | Add +3.7% | 0.21% | +0.00 |
| CNC Centene Corp. | Add +90.4% | 0.28% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +11.5% | 0.22% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +12.1% | 0.16% | −0.01 |
| MNTK Montauk Renewables Inc. | Add +13.4% | 0.04% | −0.01 |
| ACM Aecom | Add +4.1% | 0.31% | −0.01 |
| MTCH Match Group Inc. | Add +4.2% | 0.28% | −0.01 |
| XOM Exxon Mobil Corp. | Add +9.1% | 0.15% | −0.01 |
| CEF Sprott Physical Gold and Sil | Add +0.2% | 0.90% | −0.01 |
| FTDR Frontdoor Inc. | Add +5.0% | 0.39% | −0.01 |
| ITT Itt Inc. | Add +3.9% | 0.31% | −0.01 |
| BIZD Vaneck BDC Income ETF | Add +29.0% | 0.33% | −0.02 |
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 |