Institutional Manager · CIK 0001919158

Andina Capital Management, LLC

Lehi, UT · File #028-23596

Latest AUM

$165.4M

Positions

143

Top-10 Concentration

48.9%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	WISDOMTREE TR	WT	-127,588	-$6.4M	+$14,295
REDUCE	FIRST TR EXCHANGE-TRADED FD	33738D309	-57,757	-$2.6M	+$3,075
ADD	FS KKR CAP CORP	FSK	+110,109	+$1.6M	-$27,479
ADD	JANUS DETROIT STR TR	47103U845	+27,322	+$1.4M	-$7,782
REDUCE	PGIM ETF TR	69344A834	-25,050	-$1.3M	-$10,775
EXITED	ISHARES TR	464288414	-11,566	-$1.2M	$0
ADD	FIRST TR EXCHANGE-TRADED FD	33733E724	+56,939	+$1.0M	-$414,943
REDUCE	FIRST TR EXCHNG TRADED FD VI	33740F755	-19,746	-$676,498	+$167,391
ADD	NETFLIX INC	NFLX	+6,334	+$593,877	-$817,819
ADD	ISHARES TR	464287226	+5,272	+$526,568	-$36,107

Sector Allocation

12.0%$19.9M

7.6%$12.6M

7.3%$12.1M

2.5%$4.1M

Consumer Discretionary

2.4%$4.0M

Healthcare

2.2%$3.7M

Communication Services

2.2%$3.6M

Energy

0.6%$1.1M

Utilities

0.3%$519,483

Consumer Staples

0.1%$236,838

Filing History

Feb 12, 202613F HOLDINGS REPORTQ/E Dec 2025143 pos · $165.4M
Oct 30, 202513F HOLDINGS REPORTQ/E Sep 2025152 pos · $177.0M
Jul 21, 202513F HOLDINGS REPORTQ/E Jun 2025144 pos · $142.8M
May 14, 202513F HOLDINGS REPORTQ/E Mar 2025125 pos · $140.4M
Jan 21, 202513F HOLDINGS REPORTQ/E Dec 2024107 pos · $122.7M
Oct 25, 202413F HOLDINGS REPORTQ/E Sep 2024111 pos · $131.5M
Jul 16, 202413F HOLDINGS REPORTQ/E Jun 2024114 pos · $133.1M
Apr 15, 202413F HOLDINGS REPORTQ/E Mar 2024103 pos · $128.0M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287226	102,860	$10.3M	8.10%
2	WISDOMTREE TR	WT	158,782	$8.0M	6.30%
3	INNOVATOR ETFS TRUST	INHD	175,993	$7.3M	5.77%
4	VANGUARD TAX-MANAGED FDS	921943858	115,290	$7.2M	5.68%
5	FIRST TR EXCHNG TRADED FD VI	33740F755	179,528	$6.2M	4.85%
6	VANGUARD INTL EQUITY INDEX F	922042858	108,848	$5.9M	4.61%
7	VANGUARD SCOTTSDALE FDS	92206C680	43,989	$5.4M	4.22%
8	FS KKR CAP CORP	FSK	339,084	$5.0M	3.96%
9	SIMPLIFY EXCHANGE TRADED FUN	82889N525	68,586	$3.5M	2.73%
10	JANUS DETROIT STR TR	47103U845	66,232	$3.4M	2.64%
11	VANGUARD SCOTTSDALE FDS	92206C714	34,945	$3.2M	2.54%
12	EA SERIES TRUST	02072L417	117,369	$3.2M	2.51%
13	COREWEAVE INC	CRWV	44,151	$3.2M	2.49%
14	SCHWAB STRATEGIC TR	808524698	134,766	$3.1M	2.44%
15	FRANKLIN TEMPLETON ETF TR	FGDL	130,443	$3.1M	2.41%
16	ISHARES TR	46435G268	36,366	$2.7M	2.15%
17	INNOVATOR ETFS TRUST	INHD	54,168	$2.7M	2.13%
18	SPDR SERIES TRUST	78464A664	98,780	$2.6M	2.06%
19	J P MORGAN EXCHANGE TRADED F	46641Q761	40,979	$2.6M	2.04%
20	NVIDIA CORPORATION	NVDA	12,654	$2.4M	1.86%