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Asset Manager ← All Institutions

Andina Capital Management, LLC

THANKSGIVING BUSINESS PARK 2600 EXECUTIVE PARKWAY, SUITE 451, LEHI, UT 84043 • 801-653-0564

Q3 2025 · Filed 2025-10-30
Market Value
$177M
+23.8%
Holdings
157
+6
New Purchases
13
Added To
88
Closed
6
Reduced
41
Top 10 Concentration
38.9%
Turnover
12.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
USFR 8.15% 2.14% +6.01% $14M
CRWV 3.50% 0.00% +3.50% $6M
FTSL 1.99% 0.00% +1.99% $4M
BUFR 3.77% 2.42% +1.35% $7M
DFII 0.91% 0.00% +0.91% $2M
FMTM 0.97% 0.65% +0.32% $2M
BUFD 0.23% 0.00% +0.23% $415K
APRH 0.23% 0.00% +0.23% $410K
PAAA 1.31% 1.08% +0.23% $2M
AFRM 0.20% 0.00% +0.20% $360K
FLBL 2.00% 1.82% +0.18% $4M
TSLA 0.76% 0.61% +0.15% $1M
MSTR 0.34% 0.20% +0.15% $604K
SLV 0.14% 0.00% +0.14% $241K
ONEQ 0.13% 0.00% +0.13% $224K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AGG 5.54% 7.04% -1.50% $10M
ZROZ 0.00% 1.08% -1.08% $0
VONG 3.01% 3.98% -0.97% $5M
EDV 0.00% 0.77% -0.77% $0
MTBA 2.00% 2.71% -0.71% $4M
BIL 1.17% 1.84% -0.67% $2M
VEA 3.82% 4.34% -0.52% $7M
SCHI 1.63% 2.13% -0.50% $3M
VONV 1.75% 2.22% -0.47% $3M
BUFF 1.39% 1.82% -0.43% $2M
SPTL 1.40% 1.82% -0.42% $2M
SMMD 1.48% 1.85% -0.37% $3M
XDSQ 3.86% 4.19% -0.34% $7M
MSFT 0.66% 0.96% -0.30% $1M
BUCK 0.53% 0.82% -0.29% $936K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 79.0%
Technology 7.2%
Industrials 3.7%
Healthcare 2.2%
Consumer Cyclical 2.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 31 $23M 13.2%
Large Cap 65 $85M 48.3%
Mid Cap 32 $33M 18.9%
Small Cap 15 $16M 9.0%
Micro Cap 14 $19M 10.7%

Portfolio Analytics

Avg Market Cap
$301.4B
Median Market Cap
$19.4B
Avg P/E
33.2
Median P/E
26.5
Avg Dividend Yield
0.01%
Avg Beta
1.08
# Stocks
91
# ETFs / Funds
66

Top Holdings (157 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 USFR 8.15% 286,370 $14M $50.27 $11M +225,615 +371.4%
2 AGG 5.54% 97,588 $10M $100.25 -$266K -3,719 -3.7%
3 XDSQ 3.86% 170,986 $7M $39.86 $829K +10,847 +6.8%
4 VEA 3.82% 112,821 $7M $59.92 $561K +4,076 +3.8%
5 BUFR 3.77% 199,274 $7M $33.42 $3M +90,476 +83.2%
6 CRWV 3.50% 45,236 $6M $136.85 +45,236 NEW
7 VWO 3.28% 106,873 $6M $54.18 $702K +4,001 +3.9%
8 VONG 3.01% 44,145 $5M $120.50 -$361K -7,877 -15.1%
9 FLBL 2.00% 147,030 $4M $24.02 $934K +39,808 +37.1%
10 MTBA 2.00% 70,135 $4M $50.35 -$342K -7,198 -9.3%
11 FTSL 1.99% 76,882 $4M $45.84 +76,882 NEW
12 FSK 1.93% 228,975 $3M $14.93 $711K +98,477 +75.5%
13 VONV 1.75% 34,512 $3M $89.37 -$82K -2,641 -7.1%
14 FDIV 1.73% 114,082 $3M $26.86 $352K +9,858 +9.5%
15 SCHI 1.63% 124,483 $3M $23.08 -$165K -9,012 -6.8%
16 SMMD 1.48% 35,449 $3M $73.73 -$26K -3,493 -9.0%
17 JQUA 1.41% 39,638 $2M $62.91 $278K +2,739 +7.4%
18 SPTL 1.40% 91,847 $2M $26.95 -$119K -5,745 -5.9%
19 BUFF 1.39% 50,248 $2M $48.86 -$138K -4,913 -8.9%
20 PAAA 1.31% 44,902 $2M $51.50 $766K +14,846 +49.4%
21 NVDA 1.30% 12,306 $2M $186.57 $54K -1,885 -13.3%
22 IBIT 1.17% 31,895 $2M $65.00 $283K +2,650 +9.1%
23 BIL 1.17% 22,493 $2M $91.75 -$561K -6,121 -21.4%
24 JAAA 1.12% 38,910 $2M $50.78 $106K +2,056 +5.6%
25 FMTM 0.97% 57,382 $2M $29.93 $791K +22,635 +65.1%
26 DFII 0.91% 66,459 $2M $24.09 +66,459 NEW
27 CEF 0.90% 43,173 $2M $36.69 $287K +99 +0.2%
28 IEF 0.89% 16,361 $2M $96.46 $17K +61 +0.4%
29 CTA 0.86% 54,602 $2M $27.97 $159K +3,435 +6.7%
30 JEPI 0.85% 26,382 $2M $57.10 $321K +5,533 +26.5%
31 AAPL 0.84% 5,838 $1M $254.61 $71K -1,060 -15.4%
32 PHYS 0.77% 45,962 $1M $29.62 $196K
33 TSLA 0.76% 3,002 $1M $444.74 $467K +268 +9.8%
34 FIXD 0.75% 29,801 $1M $44.42 -$125K -3,209 -9.7%
35 MUB 0.70% 11,566 $1M $106.49 -$57K -765 -6.2%
36 IQLT 0.69% 27,460 $1M $44.19 $164K +3,177 +13.1%
37 MSFT 0.66% 2,242 $1M $517.97 -$205K -504 -18.4%
38 HYBB 0.66% 24,541 $1M $47.31 -$127K -2,864 -10.4%
39 ETHA 0.62% 34,500 $1M $31.51 $350K -4,164 -10.8%
40 SVOL 0.55% 54,424 $980K $18.00 $197K +11,888 +27.9%
41 QTOC 0.54% 28,555 $949K $33.23 $101K +1,965 +7.4%
42 BUCK 0.53% 39,254 $936K $23.85 -$240K -10,505 -21.1%
43 XTOC 0.53% 28,457 $928K $32.62 $104K +2,145 +8.2%
44 KMLM 0.52% 33,883 $912K $26.93 $41K +846 +2.6%
45 NFLX 0.50% 740 $887K $1,198.92 -$132K -21 -2.8%
46 BCD 0.49% 25,247 $867K $34.36 $75K +1,348 +5.6%
47 AGGH 0.49% 41,648 $863K $20.71 $47K +2,137 +5.4%
48 LHX 0.48% 2,792 $853K $305.41 $152K
49 STIP 0.48% 8,160 $843K $103.36 -$84K -856 -9.5%
50 RCL 0.44% 2,423 $784K $323.63 $158K +423 +21.1%
51 AVGO 0.44% 2,356 $777K $329.91 $45K -300 -11.3%
52 EA 0.41% 3,603 $727K $201.70 $158K +43 +1.2%
53 VTI 0.41% 2,195 $720K $328.12 -$100K -503 -18.6%
54 FTDR 0.39% 10,255 $690K $67.29 $114K +488 +5.0%
55 AWI 0.39% 3,483 $683K $196.01 $137K +123 +3.7%
56 THC 0.39% 3,360 $682K $203.04 $103K +69 +2.1%
57 QCOM 0.38% 4,044 $673K $166.36 $49K +125 +3.2%
58 AMZN 0.37% 2,979 $654K $219.55 -$178K -812 -21.4%
59 RSP 0.36% 3,355 $637K $189.72 $51K +133 +4.1%
60 GOOGL 0.36% 2,610 $635K $243.11 -$7K -1,033 -28.4%
61 VCIT 0.36% 7,514 $632K $84.11 -$57K -798 -9.6%
62 VST 0.35% 3,161 $619K $195.92 $27K +104 +3.4%
63 MSTR 0.34% 1,875 $604K $322.21 $324K +1,182 +170.6%
64 MCO 0.34% 1,264 $602K $476.48 -$18K +27 +2.2%
65 HEI 0.34% 1,861 $601K $322.82 -$5K +15 +0.8%
66 MSI 0.34% 1,313 $600K $457.29 $68K +47 +3.7%
67 0HQN.L 0.34% 2,439 $598K $245.25 $49K +84 +3.6%
68 BIZD 0.33% 39,312 $587K $14.94 $91K +8,845 +29.0%
69 ZWS 0.33% 12,418 $584K $47.03 $148K +484 +4.1%
70 GOOG 0.32% 2,341 $570K $243.57 $225K +395 +20.3%
71 APP 0.32% 779 $560K $718.54 $82K -585 -42.9%
72 ZTS 0.32% 3,825 $560K $146.32 $3K +256 +7.2%
73 MMS 0.32% 6,112 $558K $91.37 $146K +235 +4.0%
74 ITT 0.32% 3,117 $557K $178.76 $87K +116 +3.9%
75 META 0.31% 742 $545K $734.38 -$97K -128 -14.7%
76 ACM 0.31% 4,171 $544K $130.47 $92K +163 +4.1%
77 RMD 0.30% 1,932 $529K $273.73 $50K +77 +4.2%
78 ETN 0.29% 1,385 $518K $374.25 $40K +45 +3.4%
79 MTCH 0.28% 14,173 $501K $35.32 $80K +568 +4.2%
80 SLB 0.28% 14,541 $500K $34.37 $39K +917 +6.7%
81 NYT 0.28% 8,667 $497K $57.40 $34K +391 +4.7%
82 WAB 0.28% 2,453 $492K $200.47 $13K +166 +7.3%
83 CNC 0.28% 13,682 $488K $35.68 $98K +6,496 +90.4%
84 PAYX 0.28% 3,851 $488K $126.76 -$32K +273 +7.6%
85 CTAS 0.27% 2,351 $482K $205.22 -$12K +133 +6.0%
86 SGOV 0.27% 4,777 $481K $100.70 -$172K -1,707 -26.3%
87 SCHD 0.27% 17,505 $478K $27.30 $14K
88 SPY 0.26% 693 $461K $665.77 $217K +298 +75.4%
89 DPZ 0.26% 1,064 $459K $431.71 $11K +69 +6.9%
90 MMC 0.26% 2,272 $458K $201.53 $2K +188 +9.0%
91 VIGI 0.26% 5,076 $455K $89.57 $65K +751 +17.4%
92 IR 0.26% 5,483 $453K $82.62 $30K +402 +7.9%
93 IT 0.26% 1,717 $451K $262.87 $92K +829 +93.4%
94 MAS 0.26% 6,411 $451K $70.39 $64K +388 +6.4%
95 CRM 0.25% 1,897 $450K $237.00 -$16K +188 +11.0%
96 OPCH 0.25% 15,901 $441K $27.76 -$38K +1,146 +7.8%
97 PSLV 0.25% 28,100 $441K $15.70 $98K +100 +0.4%
98 VRNT 0.24% 20,940 $424K $20.25 $40K +1,405 +7.2%
99 COST 0.24% 452 $418K $925.63 -$154K -126 -21.8%
100 IWL 0.24% 2,518 $418K $166.10 $48K +101 +4.2%

New Positions

SymbolValue% Port
CRWV $6M 3.50%
FTSL $4M 1.99%
DFII $2M 0.91%
BUFD $415K 0.23%
APRH $410K 0.23%
AFRM $360K 0.20%
SLV $241K 0.14%
ONEQ $224K 0.13%
B $217K 0.12%
AMAT $216K 0.12%
ANET $212K 0.12%
DSU $204K 0.12%
EXK $89K 0.05%

Sold Out Positions

SymbolValue% Port
TSM —%
ADP —%
FINW —%
ZROZ —%
WMT —%
EDV —%
View SEC EDGAR Filings for Andina Capital Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms