Andina Capital Management, LLC — 13F Holdings & Portfolio
CIK 1919158 · latest 13F-HR filed 2026-08-05
Andina Capital Management, LLC manages $62.0M in 13F-reported U.S. long-equity assets across 70 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BUFR (10.19%), SGOV (10.03%), USFR (7.88%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 17 new positions and exited 71; 13 existing positions rose in reported value and 31 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$62.0M
Long-equity book
Holdings
70
Distinct positions
Period
2026-06-30
Filed 2026-08-05
Q/Q Activity
+17 / −71 / ↑13 / ↓31
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26BUFR10.4% · +18%SGOV10.2% · newUSFR8.0% · +21%PAAA5.3% · +519%VEA4.5% · -53%VWO3.9% · -52%JAAA3.7% · +44%XDSQ3.2% · -65%VONG2.9% · -55%SMMD2.7% · -27%BKLC2.3% · newVONV2.0% · -55%FTSL1.9% · newNVDA1.7% · +22%SOXX1.5% · +6%FMTM1.4% · -51%FDIV1.4% · -66%JQUA1.3% · -63%IUSB1.3% · newAVGO1.2% · newAAPL1.1% · -17%TFLO1.1% · newAGG1.0% · -92%SPHQ1.0% · newMTBA1.0% · -74%QTOC0.9% · newIEF0.9% · 0%XTOC0.9% · newBUFF0.9% · -75%GOOGL0.9% · +90%IQLT0.8% · -51%ORR0.8% · newBIL0.8% · -50%LRCX0.8% · -54%MSFT0.8% · +28%LLY0.8% · -15%SCHI0.7% · -82%IWL0.7% · newCTA0.7% · -61%BCD0.7% · -25%FLBL0.7% · -75%VOO0.7% · -10%KLAC0.6% · +294%VTI0.6% · -11%IVV0.6% · -25%SPY0.6% · 0%PSI0.6% · newONEQ0.5% · 0%IGV0.5% · newAMZN0.5% · +25%AGGH0.5% · -4%SDCI0.5% · newRSP0.5% · newGOOG0.4% · +3%VIGI0.4% · -31%FTNT0.4% · -69%IBIT0.4% · -82%DAVE0.4% · -69%FIXD0.4% · -48%FHI0.4% · -61%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 54.9%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Jul 2, 2026.
Assets Under Management
$1.26B
Discretionary
$628.8M
Employees
13
Accounts
4,262
Address
1300 N 200 E
SUITE 112
LOGAN, UT 84341
SUITE 112
LOGAN, UT 84341
Phone
(435) 250-3700
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BARLOW, ERIC, STEPHAN Control | FOUNDER since Apr 2026 | Less than 5% | Individual |
| BOHM, RYAN, MATHEW Control | MANAGING PARTNER, CEO since Apr 2026 | Less than 5% | Individual |
| COTTONWOOD INVESTMENT MANAGEMENT, LLC Control | OWNER since Jun 2025 | 25–50% | Domestic Entity |
| DANCE, TANNER, TESSMER Control | MANAGING PARTNER, CIO since Apr 2026 | Less than 5% | Individual |
| RMB VENTURES LLC Control | OWNER since Apr 2022 | 25–50% | Domestic Entity |
| TDWELLINGTON, LLC Control | OWNER since Apr 2022 | 25–50% | Domestic Entity |
| VALDEZ, COURTNEY, J | CHIEF COMPLIANCE OFFICER since Dec 2025 | Less than 5% | Individual |
| BARLOW, ERIC, STEPHAN Control Indirect owner via COTTONWOOD INVESTMENT MANAGEMENT, LLC | OWNER since Jun 2026 | 75% or more | Individual |
| BOHM, RYAN, MATHEW Control Indirect owner via RMB VENTURES LLC | SOLE OWNER / MANAGING MEMBER since Apr 2022 | 75% or more | Individual |
| DANCE, TANNER, TESSMER Control Indirect owner via TDWELLINGTON, LLC | SOLE OWNER / MANAGING MEMBER since Apr 2022 | 75% or more | Individual |
Ownership & leadership changes · 11 filings with changes since Nov 17, 2014
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Jul 2, 2026 filing
- No longer listedANDINA PARTNERS,LLC · OWNER · 25–50% · control person · listed since Apr 2023
- No longer listedBELLISTON, JAMES, BRETT · OWNER · 75% or more · indirect via JETA FAMILY, LLC · control person · listed since Sep 2013
- No longer listedCOTTONWOOD INVESTMENT MANAGEMENT, LLC · OWNER · 50–75% · indirect via ANDINA PARTNERS,LLC · control person · listed since Jan 2024
- No longer listedJETA FAMILY, LLC · OWNER · 50–75% · indirect via ANDINA PARTNERS,LLC · control person · listed since Jan 2024
- No longer listedL3 INVESTMENTS, LLC · OWNER · 25–50% · control person · listed since Apr 2023
- No longer listedSILO 7, LLC · OWNER · 5–10% · control person · listed since Apr 2022
- AddedBARLOW, ERIC, STEPHAN · OWNER · 75% or more · indirect via COTTONWOOD INVESTMENT MANAGEMENT, LLC · control person
- AddedCOTTONWOOD INVESTMENT MANAGEMENT, LLC · OWNER · 25–50% · control person
- ChangedBARLOW, ERIC, STEPHAN · title MANAGING PARTNER → FOUNDER
- ChangedRMB VENTURES LLC · ownership 10–25% → 25–50%
- ChangedTDWELLINGTON, LLC · ownership 10–25% → 25–50%
Mar 31, 2026 filing
- No longer listedBARLOW, ERIC, STEPHAN · OWNER · 25–50% · indirect via ANDINA PARTNERS,LLC · control person · listed since Sep 2013
- No longer listedBELLISTON, JAMES, BRETT · OWNER · 25–50% · indirect via ANDINA PARTNERS,LLC · control person · listed since Sep 2013
- No longer listedLOWE, ROGER, ZEBULUN · OWNER · 75% or more · indirect via L3 INVESTMENTS, LLC · control person · listed since Jan 2023
- No longer listedMONSEN, CASEY, MARK · TRUSTEE · General partner, trustee or manager · indirect via SILO 7, LLC · control person · listed since Apr 2011
- AddedBELLISTON, JAMES, BRETT · OWNER · 75% or more · indirect via JETA FAMILY, LLC · control person
- AddedBOHM, RYAN, MATHEW · MANAGING PARTNER, CEO · Less than 5% · control person
- AddedDANCE, TANNER, TESSMER · MANAGING PARTNER, CIO · Less than 5% · control person
- Listed againBARLOW, ERIC, STEPHAN · MANAGING PARTNER · Less than 5% · control person
- ChangedBOHM, RYAN, MATHEW · indirect via RMB VENTURES LLC: title OWNER → SOLE OWNER / MANAGING MEMBER
- ChangedCOTTONWOOD INVESTMENT MANAGEMENT, LLC · indirect via ANDINA PARTNERS,LLC: ownership General partner, trustee or manager → 50–75%
- ChangedDANCE, TANNER, TESSMER · indirect via TDWELLINGTON, LLC: title OWNER → SOLE OWNER / MANAGING MEMBER
- ChangedJETA FAMILY, LLC · indirect via ANDINA PARTNERS,LLC: ownership 25–50% → 50–75%
- ChangedL3 INVESTMENTS, LLC · ownership 10–25% → 25–50%
- ChangedRMB VENTURES LLC · title MANAGING PARTNER, DIRECTOR OF BUSINESS DEVELOPMENT → OWNER
- ChangedSILO 7, LLC · title PARTNER → OWNER
- ChangedTDWELLINGTON, LLC · title MANAGING PARTNER, CIO → OWNER
Jan 14, 2026 filing
- No longer listedPaul, Penny · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Apr 2022
- AddedVALDEZ, COURTNEY, J · CHIEF COMPLIANCE OFFICER · Less than 5%
Sep 30, 2024 filing
- No longer listedCASEY M MONSEN AND KARA L MONSEN REVOCABLE TRUST · PARTNER · 5–10% · control person · listed since Apr 2022
- No longer listedMONSEN, CASEY, MARK · TRUSTEE · General partner, trustee or manager · indirect via CASEY M MONSEN AND KARA L MONSEN REVOCABLE TRUST · control person · listed since Apr 2011
- AddedMONSEN, CASEY, MARK · TRUSTEE · General partner, trustee or manager · indirect via SILO 7, LLC · control person
- AddedSILO 7, LLC · PARTNER · 5–10% · control person
Jul 5, 2024 filing
- No longer listedBARLOW, ERIC, STEPHAN · MANAGING MEMBER · 10–25% · control person · listed since Aug 2012
- No longer listedBELLISTON, JAMES, BRETT · MANAGING MEMBER · 10–25% · control person · listed since Oct 2013
- No longer listedEQUITY TRUST COMPANY FOR THE BENEFIT OF MAYUMI ISHII IRA · OWNER · General partner, trustee or manager · indirect via ANDINA PARTNERS,LLC · listed since Apr 2023
- No longer listedTEMBO MANAGEMENT LLC · OWNER · General partner, trustee or manager · indirect via ANDINA PARTNERS,LLC · listed since Apr 2023
- No longer listedTHE TODD AND SIGNE KNAPP TASK REVOCABLE TRUST · OWNER · General partner, trustee or manager · indirect via ANDINA PARTNERS,LLC · listed since Apr 2023
- AddedCOTTONWOOD INVESTMENT MANAGEMENT, LLC · OWNER · General partner, trustee or manager · indirect via ANDINA PARTNERS,LLC · control person
- AddedJETA FAMILY, LLC · OWNER · 25–50% · indirect via ANDINA PARTNERS,LLC · control person
Mar 21, 2024 filing
- AddedANDINA PARTNERS,LLC · OWNER · 25–50% · control person
- AddedBARLOW, ERIC, STEPHAN · OWNER · 25–50% · indirect via ANDINA PARTNERS,LLC · control person
- AddedBELLISTON, JAMES, BRETT · OWNER · 25–50% · indirect via ANDINA PARTNERS,LLC · control person
- AddedEQUITY TRUST COMPANY FOR THE BENEFIT OF MAYUMI ISHII IRA · OWNER · General partner, trustee or manager · indirect via ANDINA PARTNERS,LLC
- AddedTEMBO MANAGEMENT LLC · OWNER · General partner, trustee or manager · indirect via ANDINA PARTNERS,LLC
- AddedTHE TODD AND SIGNE KNAPP TASK REVOCABLE TRUST · OWNER · General partner, trustee or manager · indirect via ANDINA PARTNERS,LLC
Apr 4, 2023 filing
- No longer listedLOWE, ROGER, ZEBULUN · OWNER · 75% or more · indirect via MONSEN, CASEY, MARK · control person · listed since Jan 2023
- AddedLOWE, ROGER, ZEBULUN · OWNER · 75% or more · indirect via L3 INVESTMENTS, LLC · control person
Mar 28, 2023 filing
- AddedL3 INVESTMENTS, LLC · OWNER · 10–25% · control person
- AddedLOWE, ROGER, ZEBULUN · OWNER · 75% or more · indirect via MONSEN, CASEY, MARK · control person
Oct 14, 2022 filing
- ChangedCASEY M MONSEN AND KARA L MONSEN REVOCABLE TRUST · ownership 10–25% → 5–10%
Jun 16, 2022 filing
- AddedBOHM, RYAN, MATHEW · OWNER · 75% or more · indirect via RMB VENTURES LLC · control person
- AddedCASEY M MONSEN AND KARA L MONSEN REVOCABLE TRUST · PARTNER · 10–25% · control person
- AddedDANCE, TANNER, TESSMER · OWNER · 75% or more · indirect via TDWELLINGTON, LLC · control person
- AddedMONSEN, CASEY, MARK · TRUSTEE · General partner, trustee or manager · indirect via CASEY M MONSEN AND KARA L MONSEN REVOCABLE TRUST · control person
- AddedPaul, Penny · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- AddedRMB VENTURES LLC · MANAGING PARTNER, DIRECTOR OF BUSINESS DEVELOPMENT · 10–25% · control person
- AddedTDWELLINGTON, LLC · MANAGING PARTNER, CIO · 10–25% · control person
- ChangedBARLOW, ERIC, STEPHAN · ownership 25–50% → 10–25%
- ChangedBELLISTON, JAMES, BRETT · title MANAGING MEMBER & CHIEF COMPLIANCE OFFICER → MANAGING MEMBER; ownership 25–50% → 10–25%
Older changes (2 more filings)
Mar 31, 2019 filing
- ChangedBARLOW, ERIC, STEPHAN · ownership 50–75% → 25–50%
- ChangedBELLISTON, JAMES, BRETT · ownership 10–25% → 25–50%
Nov 17, 2014 filing (earliest on record)
- ListedBARLOW, ERIC, STEPHAN · MANAGING MEMBER · 50–75% · control person
- ListedBELLISTON, JAMES, BRETT · MANAGING MEMBER & CHIEF COMPLIANCE OFFICER · 10–25% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- PGIM ETF TR$2.7M +520.4%
- FIRST TR EXCHNG TRADED FD VI$1.4M +28.0%
- WISDOMTREE TR$851.9K +21.1%
- JANUS DETROIT STR TR$706.8K +44.9%
- ISHARES TR$471.1K +107.2%
Top Trims
- ISHARES TR-$7.2M -92.0%
- INNOVATOR ETFS TRUST-$3.2M -62.1%
- VANGUARD TAX-MANAGED FDS-$2.6M -48.2%
- VANGUARD INTL EQUITY INDEX F-$2.0M -46.6%
- SCHWAB STRATEGIC TR-$2.0M -81.6%
New Positions
- ISHARES TR$6.2M
- BNY MELLON ETF TRUST$1.4M
- FIRST TR EXCHANGE-TRADED FD$1.2M
- ISHARES TR$765.0K
- BROADCOM INC$719.6K
Exited Positions
- FS KKR CAP CORP$5.7M
- COREWEAVE INC$1.9M
- FIRST TR EXCHANGE-TRADED FD$1.8M
- STRATEGY INC$1.6M
- SPROTT ASSET MANAGEMENT LP$1.3M
Andina Capital Management, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | FIRST TR EXCHNG TRADED FD VI | BUFR | 33740F755 | $6.3M | 10.19% | 172,767 | SH |
| 2 | ISHARES TR | SGOV | 46436E718 | $6.2M | 10.03% | 61,745 | SH |
| 3 | WISDOMTREE TR | USFR | 97717Y527 | $4.9M | 7.88% | 96,975 | SH |
| 4 | PGIM ETF TR | PAAA | 69344A834 | $3.2M | 5.19% | 62,689 | SH |
| 5 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $2.8M | 4.47% | 38,894 | SH |
| 6 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $2.4M | 3.79% | 39,373 | SH |
| 7 | JANUS DETROIT STR TR | JAAA | 47103U845 | $2.3M | 3.68% | 45,206 | SH |
| 8 | INNOVATOR ETFS TRUST | XDSQ | 45783Y103 | $2.0M | 3.17% | 45,687 | SH |
| 9 | VANGUARD SCOTTSDALE FDS | VONG | 92206C680 | $1.8M | 2.87% | 13,893 | SH |
| 10 | ISHARES TR | SMMD | 46435G268 | $1.7M | 2.69% | 18,221 | SH |
| 11 | BNY MELLON ETF TRUST | BKLC | 09661T107 | $1.4M | 2.31% | 9,976 | SH |
| 12 | VANGUARD SCOTTSDALE FDS | VONV | 92206C714 | $1.2M | 1.93% | 11,266 | SH |
| 13 | FIRST TR EXCHANGE-TRADED FD | FTSL | 33738D309 | $1.2M | 1.89% | 26,124 | SH |
| 14 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.1M | 1.72% | 5,320 | SH |
| 15 | ISHARES TR | SOXX | 464287523 | $910.5K | 1.47% | 1,421 | SH |
| 16 | EA SERIES TRUST | FMTM | 02072Q762 | $881.7K | 1.42% | 20,204 | SH |
| 17 | EA SERIES TRUST | FDIV | 02072L417 | $858.2K | 1.39% | 30,916 | SH |
| 18 | J P MORGAN EXCHANGE TRADED F | JQUA | 46641Q761 | $818.5K | 1.32% | 11,324 | SH |
| 19 | ISHARES TR | IUSB | 46434V613 | $765.0K | 1.23% | 16,577 | SH |
| 20 | BROADCOM INC | AVGO | 11135F101 | $719.6K | 1.16% | 1,905 | SH |
| 21 | APPLE INC | AAPL | 037833100 | $658.1K | 1.06% | 2,274 | SH |
| 22 | ISHARES TR | TFLO | 46434V860 | $657.0K | 1.06% | 12,976 | SH |
| 23 | ISHARES TR | AGG | 464287226 | $625.7K | 1.01% | 6,321 | SH |
| 24 | INVESCO EXCHANGE TRADED FD T | SPHQ | 46137V241 | $592.5K | 0.96% | 6,576 | SH |
| 25 | SIMPLIFY EXCHANGE TRADED FUN | MTBA | 82889N525 | $590.0K | 0.95% | 12,023 | SH |
| 26 | INNOVATOR ETFS TRUST | QTOC | 45782C128 | $577.3K | 0.93% | 15,196 | SH |
| 27 | ISHARES TR | IEF | 464287440 | $563.1K | 0.91% | 5,954 | SH |
| 28 | INNOVATOR ETFS TRUST | XTOC | 45783Y830 | $557.9K | 0.90% | 15,442 | SH |
| 29 | INNOVATOR ETFS TRUST | BUFF | 45783Y814 | $544.0K | 0.88% | 10,326 | SH |
| 30 | ALPHABET INC | GOOGL | 02079K305 | $533.6K | 0.86% | 1,493 | SH |
| 31 | ISHARES TR | IQLT | 46434V456 | $516.3K | 0.83% | 10,419 | SH |
| 32 | EA SERIES TRUST | ORR | 02072Q820 | $510.9K | 0.82% | 14,068 | SH |
| 33 | SPDR SERIES TRUST | BIL | 78468R663 | $507.7K | 0.82% | 5,540 | SH |
| 34 | LAM RESEARCH CORP | LRCX | 512807306 | $486.6K | 0.79% | 1,123 | SH |
| 35 | MICROSOFT CORP | MSFT | 594918104 | $483.8K | 0.78% | 1,297 | SH |
| 36 | ELI LILLY & CO | LLY | 532457108 | $463.0K | 0.75% | 386 | SH |
| 37 | SCHWAB STRATEGIC TR | SCHI | 808524698 | $450.2K | 0.73% | 19,886 | SH |
| 38 | ISHARES TR | IWL | 464289446 | $446.7K | 0.72% | 2,415 | SH |
| 39 | SIMPLIFY EXCHANGE TRADED FUN | CTA | 82889N699 | $446.2K | 0.72% | 17,202 | SH |
| 40 | ABRDN ETFS | BCD | 003261203 | $436.6K | 0.70% | 12,786 | SH |
| 41 | FRANKLIN TEMPLETON ETF TR | FLBL | 35473P595 | $436.0K | 0.70% | 19,023 | SH |
| 42 | BROADCOM INC Put | AVGO | 11135F951 | $415.5K | 0.67% | 1,100 | SH |
| 43 | VANGUARD INDEX FDS | VOO | 922908363 | $407.3K | 0.66% | 593 | SH |
| 44 | KLA CORP | KLAC | 482480100 | $382.0K | 0.62% | 1,266 | SH |
| 45 | VANGUARD INDEX FDS | VTI | 922908769 | $369.7K | 0.60% | 999 | SH |
| 46 | ISHARES TR | IVV | 464287200 | $365.5K | 0.59% | 488 | SH |
| 47 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $358.5K | 0.58% | 480 | SH |
| 48 | INVESCO EXCHANGE TRADED FD T | PSI | 46137V647 | $343.3K | 0.55% | 1,828 | SH |
| 49 | FIDELITY COMWLTH TR | ONEQ | 315912808 | $325.3K | 0.53% | 3,152 | SH |
| 50 | ISHARES TR | IGV | 464287515 | $324.5K | 0.52% | 3,582 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-05 | $62.0M | 70 | 0001919158-26-000006 |
| 2026-03-31 | 2026-04-17 | $113.1M | 119 | 0001919158-26-000004 |
| 2025-12-31 | 2026-02-12 | $165.4M | 143 | 0001919158-26-000002 |
Filer Information
Address
1300 N 200 E #112LOGAN, UT 84341
Phone
(801) 653-0564
Filing Manager
Andina Capital Management, LLC
LOGAN, UT
Signatory
Courtney Valdez
Chief Compliance Officer