ACM

Andina Capital Management Portfolio holdings

AUM $140M

This Quarter Return

-0.77%

1 Year Return

+4.31%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$140M

AUM Growth

+$17.7M (+14%)

Cap. Flow

+$19M

Cap. Flow % of AUM

13.56%

Top 10 Holdings %Top 10 Hldgs %

38.86%

Holding

165

New

Increased

Reduced

Closed

Top Buys

1	WisdomTree Floating Rate Treasury Fund USFR	$4.5M
2	SPDR Portfolio Long Term Treasury ETF SPTL	$3.29M
3	PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund ZROZ	$2.13M
4	iShares National Muni Bond ETF MUB	$1.49M
5	PGIM AAA CLO ETF PAAA	$1.43M

Top Sells

1	Janus Henderson AAA CLO ETF JAAA	$4.05M
2	Vanguard World Funds Extended Duration ETF EDV	$1.51M
3	iShares Core US Aggregate Bond ETF AGG	$1.3M
4	Simplify Enhanced Income ETF HIGH	$1.22M
5	Enerpac Tool Group EPAC	$925K

Sector Composition

1	Technology	5.5%
2	Financials	4.75%
3	Industrials	3.79%
4	Communication Services	2.58%
5	Consumer Discretionary	2.41%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Simplify Volatility Premium ETF SVOL $857M	$1.46M	1.04%	80,166 +7,184	+10%	+$131K
27	27 iShares Bitcoin Trust IBIT $85.8B	$1.45M	1.04%	31,054 +13,902	+81%	+$651K
28	28 PGIM AAA CLO ETF PAAA $3.9B	$1.43M	1.02%	+27,927	New	+$1.43M
29	29 NVIDIA NVDA $4.2T	$1.43M	1.02%	13,217 +11,071	+516%	+$1.2M
30	30 abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF BCD $287M	$1.39M	0.99%	40,698 -12,767	-24%	-$436K
31	31 Vanguard World Funds Extended Duration ETF EDV $3.36B	$1.39M	0.99%	19,479 -21,179	-52%	-$1.51M
32	32 Simplify Stable Income ETF BUCK $345M	$1.22M	0.87%	+49,526	New	+$1.22M
33	33 JPMorgan Equity Premium Income ETF JEPI $41.2B	$1.19M	0.85%	20,796 -690	-3%	-$39.4K
34	34 Sprott Physical Gold PHYS $11.8B	$1.11M	0.79%	+45,962	New	+$1.11M
35	35 Sprott Physical Gold and Silver Trust CEF $6.12B	$1.08M	0.77%	37,881 +8,101	+27%	+$230K
36	36 Invesco S&P 500 Equal Weight ETF RSP $74.1B	$1.04M	0.74%	5,980 -1,612	-21%	-$279K
37	37 Janus Henderson AAA CLO ETF JAAA $22.8B	$1.02M	0.73%	20,182 -79,850	-80%	-$4.05M
38	38 Microsoft MSFT $3.8T	$983K	0.7%	2,619 +1,772	+209%	+$665K
39	39 Simplify Aggregate Bond ETF AGGH $322M	$977K	0.7%	46,177 -7,829	-15%	-$166K
40	40 SPDR Bloomberg 1-3 Month T-Bill ETF BIL $41.8B	$892K	0.64%	9,729 +6,152	+172%	+$564K
41	41 KFA Mount Lucas Managed Futures Index Strategy ETF KMLM $187M	$879K	0.63%	32,217 -4,834	-13%	-$132K
42	42 Innovator Growth Accelerated ETF Quarterly XDQQ $45.6M	$852K	0.61%	26,762 -14,678	-35%	-$467K
43	43 FinWise Bancorp FINW $208M	$805K	0.57%	+46,000	New	+$805K
44	44 iShares MSCI Intl Quality Factor ETF IQLT $11.9B	$796K	0.57%	20,059 +4,021	+25%	+$160K
45	45 iShares 0-3 Month Treasury Bond ETF SGOV $51.4B	$729K	0.52%	7,237 -104	-1%	-$10.5K
46	46 Tesla TSLA $1.06T	$687K	0.49%	2,651 +1,380	+109%	+$358K
47	47 Netflix NFLX $523B	$679K	0.48%	+728	New	+$679K
48	48 iShares Russell 1000 Value ETF IWD $62.9B	$650K	0.46%	3,453 -1,117	-24%	-$210K
49	49 Amazon AMZN $2.43T	$647K	0.46%	+3,403	New	+$647K
50	50 iShares Russell Top 200 ETF IWL $1.76B	$626K	0.45%	4,554 -1,639	-26%	-$225K