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Livermore
Livermore
ZHEN

Change Path, LLC

SEC CIK
0001739728
Latest filing
Aug 13, 2026

Holdings in Q1 2022

Holdings as of Mar 31, 2022, filed May 13, 2022. Long positions only; changes compare share counts with Q4 2021.

Institution overview
Positions
729
−16 vs. Q4 2021
Portfolio value
$1.93B
−$95.8M (−4.7%) vs. Q4 2021
Filed
May 13, 2022
SEC
Holdings of Change Path, LLC in Q1 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
SPDR Series Trust78464A664ST LON TREAS ETF86,105$3.26M0.2%+14,488+20.2%Added–
State Street Financial Select Sector SPDR ETF81369Y605ETF84,131$3.22M0.2%+13,603+19.3%Added–
Schwab Emerging Markets Equity ETF808524706ETF115,908$3.22M0.2%+2,314+2.0%Added–
TAT&T Inc.Stock133,772$3.16M0.2%+22,380+20.1%AddedHistory
ABBVAbbVie Inc.Stock18,615$3.02M0.2%+4,837+35.1%AddedHistory
Pacer FDS Tr69374H717LUNT LRG CP ALTR67,363$3.02M0.2%+18,989+39.3%Added–
Fidelity MSCI Energy Index ETF316092402ETF142,393$2.98M0.2%+142,393New–
State Street Technology Select Sector SPDR ETF81369Y803ETF18,749$2.98M0.2%−1,124−5.7%Reduced–
iShares Tr464288281JPMORGAN USD EMG29,775$2.91M0.2%+7,253+32.2%Added–
TMUST-Mobile US, Inc.Stock22,665$2.91M0.2%−11,050−32.8%ReducedHistory
iShares MSCI Eafe ETF464287465ETF38,973$2.87M0.1%−6,051−13.4%Reduced–
Vanguard Information Technology ETF92204A702ETF6,660$2.77M0.1%−61−0.9%Reduced–
Dimensional U.S. Core Equity 2 ETF25434V708ETF100,272$2.77M0.1%+2,434+2.5%Added–
HONHoneywell International IncCOM14,099$2.74M0.1%−492−3.4%ReducedHistory
VZVerizon Communications IncStock53,525$2.73M0.1%+8,121+17.9%AddedHistory
Global X FDS37954Y442CLOUD COMPUTNG123,629$2.72M0.1%+15,008+13.8%Added–
IAUiShares Gold TrustETF73,230$2.70M0.1%+1,270+1.8%AddedHistory
GOOGAlphabet Inc.Stock959$2.68M0.1%−1,094−53.3%ReducedHistory
UNPUnion Pacific CorpStock9,799$2.68M0.1%+2,321+31.0%AddedHistory
Vanguard Whitehall FDS921946810INTL DVD ETF33,747$2.67M0.1%+120.0%Added–
GLDSPDR Gold TrustETF14,740$2.66M0.1%+5,486+59.3%AddedHistory
Global X FDS37954Y780INTERNET OF THNG78,696$2.62M0.1%−16,325−17.2%Reduced–
JNJJohnson & JohnsonStock14,662$2.60M0.1%−10,389−41.5%ReducedHistory
First Tr Exchange-Traded FD33734X846NASDAQ CYB ETF48,918$2.60M0.1%+340+0.7%Added–
VVisa Inc.Stock11,597$2.57M0.1%+816+7.6%AddedHistory
iShares Tr464288687PFD AND INCM SEC70,319$2.56M0.1%−7,548−9.7%Reduced–
Vanguard Health Care ETF92204A504ETF9,934$2.53M0.1%−1,601−13.9%Reduced–
Northern LTS FD Tr IV66538H666FRMLAFOLIOS TATL112,631$2.51M0.1%+92,675+464.4%Added–
iShares Russell 1000 Growth ETF464287614ETF9,022$2.50M0.1%−113−1.2%Reduced–
BRK.BBerkshire Hathaway IncStock7,043$2.49M0.1%+2,174+44.6%AddedHistory
Invesco Exch TRD SLF Idx FD46138J841BULSHS 2024 CB116,435$2.45M0.1%+92,418+384.8%Added–
Global X FDS37950E416SOCIAL MED ETF57,407$2.43M0.1%−303−0.5%Reduced–
FFord Motor CoStock143,310$2.42M0.1%+51,850+56.7%AddedHistory
LOWLowes Companies IncStock11,836$2.39M0.1%+9,063+326.8%AddedHistory
iShares Tr464288646ISHS 1-5YR INVS45,271$2.34M0.1%−8,967−16.5%Reduced–
AMTAmerican Tower CorpREIT9,310$2.34M0.1%+1,073+13.0%AddedHistory
Schwab US Dividend Equity ETF808524797ETF29,241$2.31M0.1%+13,587+86.8%Added–
SBUXStarbucks CorpStock25,342$2.31M0.1%−5,518−17.9%ReducedHistory
iShares Tr46435G102CONV BD ETF27,465$2.29M0.1%+23,038+520.4%Added–
COSTCostco Wholesale CorpStock3,950$2.27M0.1%+1,371+53.2%AddedHistory
Goldman Sachs ETF Tr381430206ACTIVEBETA EME67,054$2.27M0.1%−22,706−25.3%Reduced–
AXPAmerican Express CoStock12,057$2.25M0.1%+233+2.0%AddedHistory
TMOThermo Fisher Scientific Inc.Stock3,802$2.25M0.1%+121+3.3%AddedHistory
WMTWalmart Inc.Stock15,006$2.23M0.1%+142+1.0%AddedHistory
IBMInternational Business Machines CorpStock17,143$2.23M0.1%+426+2.5%AddedHistory
JPMorgan Ultra-Short Income ETF46641Q837ETF43,418$2.18M0.1%−73,589−62.9%Reduced–
Dimensional ETF Trust25434V203INTL CORE EQT MK77,306$2.18M0.1%+2,300+3.1%Added–
ZTSZoetis Inc.Stock11,492$2.17M0.1%+2,452+27.1%AddedHistory
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF19,627$2.16M0.1%+16,301+490.1%Added–
AMATApplied Materials IncStock16,235$2.14M0.1%+1,386+9.3%AddedHistory
Invesco Exch Traded FD Tr II46138E198S&P MIDCP LOW38,077$2.13M0.1%−207−0.5%Reduced–
State Street Health Care Select Sector SPDR ETF81369Y209ETF15,506$2.12M0.1%+809+5.5%Added–
NXHNeighborhood Intelligence, Inc.COM47,319$2.08M0.1%+110.0%AddedHistory
Global X FDS37954Y376RATE PREFERRED79,608$2.08M0.1%+1,372+1.8%Added–
Invesco Exch TRD SLF Idx FD46138J825BULSHS 2025 CB98,885$2.07M0.1%+42,127+74.2%Added–
Global X FDS37954Y657US PFD ETF87,947$2.07M0.1%−644−0.7%Reduced–
CTASCintas CorpStock4,820$2.05M0.1%+111+2.4%AddedHistory
TGTTarget CorpStock9,578$2.03M0.1%−13,567−58.6%ReducedHistory
Vanguard Malvern FDS922020805STRM INFPROIDX39,638$2.03M0.1%+366+0.9%Added–
CSCOCisco Systems, Inc.Stock36,394$2.03M0.1%−446−1.2%ReducedHistory
State Street Consumer Discretionary Select Sector SPDR ETF81369Y407ETF10,818$2.00M0.1%+533+5.2%Added–
iShares Tr46435G672CORE INTL AGGR38,147$1.99M0.1%−13,563−26.2%Reduced–
EWEdwards Lifesciences CorpStock16,789$1.98M0.1%+736+4.6%AddedHistory
SPDR Series Trust78464A292ST STR PFD ETF50,634$1.98M0.1%+924+1.9%Added–
BACBank of America CorpStock47,822$1.97M0.1%−21,724−31.2%ReducedHistory
Vanguard Total Bond Market ETF921937835ETF24,298$1.93M0.1%+3,084+14.5%Added–
iShares Core MSCI Emerging Markets ETF46434G103ETF34,758$1.93M0.1%+8,495+32.3%Added–
iShares Core MSCI Eafe ETF46432F842ETF27,627$1.92M0.1%+5,539+25.1%Added–
iShares Tr46435G409MSCI INTL VLU FT75,399$1.92M0.1%+75,399New–
Invesco Actively Managed Exc46090A101ACTIVE US REAL17,030$1.90M0.1%−7,271−29.9%Reduced–
iShares MSCI USA Momentum Factor ETF46432F396ETF11,251$1.89M0.1%−1,365−10.8%Reduced–
State Street Utilities Select Sector SPDR ETF81369Y886ETF25,377$1.89M0.1%−9,163−26.5%Reduced–
MCDMcDonalds CorpStock7,586$1.88M0.1%+1,976+35.2%AddedHistory
Global X FDS37954Y814FINTECH ETF58,585$1.88M0.1%−21,595−26.9%Reduced–
SCHWSchwab Charles CorpStock22,052$1.86M0.1%+22,052NewHistory
INTUIntuit Inc.Stock3,844$1.85M0.1%+297+8.4%AddedHistory
Invesco Exch Traded FD Tr II46138E362S&P500 HDL VOL38,514$1.82M0.1%+43+0.1%Added–
PINSPinterest, Inc.CL A73,876$1.82M0.1%+53,576+263.9%AddedHistory
Schwab U.S. Large-Cap Value ETF808524409ETF25,269$1.80M0.1%+15,792+166.6%Added–
ACNAccenture plcStock5,327$1.80M0.1%+114+2.2%AddedHistory
CRMSalesforce, Inc.Stock8,436$1.79M0.1%+2,628+45.2%AddedHistory
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF23,544$1.79M0.1%+20,457+662.7%Added–
Schwab US Aggregate Bond ETF808524839ETF35,305$1.78M0.1%−1,439−3.9%Reduced–
ATVIActivision Blizzard, Inc.COM22,267$1.78M0.1%+19+0.1%AddedHistory
SHWSherwin Williams CoCOM7,099$1.77M0.1%+1,207+20.5%AddedHistory
J P Morgan Exchange Traded F46641Q845DIVERSFD EQT ETF39,977$1.75M0.1%−11,548−22.4%Reduced–
Global X FDS37954Y764MILL THEMC ETF48,037$1.75M0.1%−20,516−29.9%Reduced–
LMTLockheed Martin CorpStock3,941$1.74M0.1%+2,402+156.1%AddedHistory
ROPRoper Technologies IncStock3,660$1.73M0.1%+457+14.3%AddedHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 14,964$1.72M0.1%+610+14.0%AddedHistory
Fidelity Covington Trust316092618ENHA HIGH YI ETF32,620$1.66M0.1%−13,516−29.3%Reduced–
INTCIntel CorpStock33,405$1.66M0.1%+2,869+9.4%AddedHistory
Schwab U.S. Large-Cap Growth ETF808524300ETF22,127$1.66M0.1%+11,733+112.9%AddedConverted for a 2-for-1 split–
MCHPMicrochip Technology IncStock22,048$1.66M0.1%+17,211+355.8%AddedHistory
DGDollar General CorpCOM7,423$1.65M0.1%+1,009+15.7%AddedHistory
Vanguard Index FDS922908652EXTEND MKT ETF9,945$1.65M0.1%−1,107−10.0%Reduced–
PFEPfizer IncStock31,529$1.63M0.1%−4,725−13.0%ReducedHistory
IQVIQVIA Holdings Inc.Stock6,983$1.61M0.1%+225+3.3%AddedHistory
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847ETF34,046$1.61M0.1%+2,749+8.8%Added–
Ssga Active Tr78470P309ST STR MARKE ETF35,071$1.60M0.1%−14,131−28.7%Reduced–

Sold out since Q4 2021 (112)

Positions held at the end of Q4 2021 that are gone from this filing.

The largest 100 of 112 by value last quarter.

Positions of Change Path, LLC sold out since Q4 2021
SecurityClassShares in Q4 2021Value in Q4 2021% of portfolio in Q4 2021History
iShares Tr464287333GLOBAL FINLS ETF129,762$10.4M0.5%–
First Tr Exchange-Traded FD33739Q200FST LOW OPPT EFT65,416$3.27M0.2%–
First Trust Nasdaq-100 Technology Sector Index Fund337345102ETF15,109$2.65M0.1%–
iShares S&P Small-Cap 600 Value ETF464287879ETF23,349$2.44M0.1%–
iShares Inc464286509MSCI CDA ETF63,423$2.44M0.1%–
iShares Tr46435G839MSCI EAFE SMCP64,369$2.37M0.1%–
iShares Tr46429B614MSCI INDIA SM CP39,234$2.37M0.1%–
iShares Tr46434V704CUR HED MSCI GER72,326$2.36M0.1%–
WisdomTree Tr97717W422INDIA ERNGS FD64,388$2.35M0.1%–
iShares Tr464287580US CONSUM DISCRE27,767$2.33M0.1%–
Global X FDS37954Y434GENOMIC BIOTECH115,845$2.30M0.1%–
First Tr Exchange-Traded FD33734X168MATERIALS ALPH36,949$2.30M0.1%–
State Street SPDR S&P Semiconductor ETF78464A862ETF9,280$2.26M0.1%–
State Street SPDR S&P Software & Services ETF78464A599ETF12,504$2.07M0.1%–
J P Morgan Exchange Traded F46641Q191BETA EURO ET NE28,735$1.72M0.1%–
iShares U S ETF Tr46431W580INFLATION HEDG52,158$1.60M0.1%–
SPDR Index Shs FDS78463X103PORTFLO EURP ETF36,310$1.55M0.1%–
BRBroadridge Financial Solutions, Inc.Stock8,195$1.50M0.1%History
Vanguard World FD921910816MEGA GRWTH IND5,534$1.44M0.1%–
Innovator ETFs Trust45782C326US EQTY BUFR MAY35,065$1.16M0.1%–
Fidelity Covington Trust316092832DIVID ETF RISI25,233$1.15M0.1%–
Invesco Exch TRD SLF Idx FD46138J742RAFI STRATGIC US26,108$1.06M0.1%–
Schwab U.S. Small-Cap ETF808524607ETF9,994$1.02M0.1%–
Invesco Exch TRD SLF Idx FD46138J734RAFI STRG US SML23,777$940.0K<0.1%–
Vanguard Morningstar Mid-Cap Growth ETF922908538ETF3,645$928.0K<0.1%–
SPDR Series Trust78464A656ST STR TIPS ETF29,356$925.0K<0.1%–
Invesco Exch TRD SLF Idx FD46138J791BULSHS 2026 CB41,884$886.0K<0.1%–
VanEck Semiconductor ETF92189F676ETF2,854$881.0K<0.1%–
Vanguard Morningstar Small-Cap Growth ETF922908595ETF2,683$756.0K<0.1%–
HCATHealth Catalyst, Inc.COM16,732$663.0K<0.1%History
PATKPatrick Industries IncCOM8,000$646.0K<0.1%History
iShares S&P Mid-Cap 400 Value ETF464287705ETF5,645$625.0K<0.1%–
iShares Tr464287739U.S. REAL ES ETF5,143$597.0K<0.1%–
INMDInMode Ltd.SHS8,255$583.0K<0.1%History
iShares Tr46434V456MSCI INTL QUALTY12,800$504.0K<0.1%–
iShares Tr464288257MSCI ACWI ETF4,694$497.0K<0.1%–
Global X FDS37954Y459RUSSELL 200020,244$494.0K<0.1%–
Exchange Traded Concepts Tru301505889EMQQ EME MAR ETF11,388$489.0K<0.1%–
PTONPeloton Interactive, Inc.CL A COM13,478$482.0K<0.1%History
TGLSTecnoglass Holdings Inc.ORD SHS18,111$474.0K<0.1%History
Innovator ETFs Trust45782C755US EQTY BUFR JUN13,530$467.0K<0.1%–
ProShares Tr74347R107PSHS ULT S&P 5002,990$438.0K<0.1%–
ProShares Tr74347X831ULTRAPRO QQQ2,632$438.0K<0.1%–
Monmouth Real Estate Investment Corp609720107CL A20,676$435.0K<0.1%–
KNTKKinetik Holdings Inc.COM NEW CL A6,879$422.0K<0.1%History
BIOBio-Rad Laboratories, Inc.CL A539$407.0K<0.1%History
iShares Tr464287788U.S. FINLS ETF4,539$393.0K<0.1%–
Vanguard Ftse All-World Ex-US Index Fund922042775ETF6,088$373.0K<0.1%–
COINCoinbase Global, Inc.COM CL A1,477$373.0K<0.1%History
CERNCERNER CorpCOM4,013$373.0K<0.1%History
ARK Next Generation Technology ETF00214Q401ETF3,120$370.0K<0.1%–
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375ETF10,133$366.0K<0.1%–
BLWBlackRock Ltd Duration Income TrustCOM SHS20,892$352.0K<0.1%History
Royal Dutch Shell PLC780259206SPONS ADR A8,019$348.0K<0.1%–
ProShares Tr74347B250PSHS SH MDCAP40015,000$340.0K<0.1%–
OKTAOkta, Inc.CL A1,508$338.0K<0.1%History
RBLXRoblox CorpStock3,254$336.0K<0.1%History
SPGSimon Property Group Inc.REIT2,062$329.0K<0.1%History
Vanguard Admiral FDS Inc921932828SMLLCP 600 IDX1,553$326.0K<0.1%–
UNGUnited States Natural Gas Fund, LPUNIT PAR23,928$299.0K<0.1%History
SJMJ M SMUCKER CoStock2,079$282.0K<0.1%History
NXPINXP Semiconductors N.V.COM1,223$279.0K<0.1%History
iShares Tr464287515EXPANDED TECH664$264.0K<0.1%–
LEALear CorpCOM NEW1,441$264.0K<0.1%History
MELIMercadolibre IncCOM193$260.0K<0.1%History
ProShares Tr74347B235PSHS SHORT DOW308,099$256.0K<0.1%–
Global X Lithium & Battery Tech ETF37954Y855ETF3,020$255.0K<0.1%–
Invesco Exch Traded FD Tr II46138E370S&P 500 HB ETF3,189$252.0K<0.1%–
Flexshares Tr33939L753CR SCORED LONG4,250$251.0K<0.1%–
BAHBooz Allen Hamilton Holding CorpCL A2,942$250.0K<0.1%History
WIREEncore Wire CorpCOM1,742$250.0K<0.1%History
Paramount Global92556H206CL B8,228$248.0K<0.1%–
First Tr Exchange-Traded FD33738D101NO AMER ENERGY9,732$243.0K<0.1%–
DLRDigital Realty Trust, Inc.COM1,357$240.0K<0.1%History
PNRPENTAIR plcSHS3,285$240.0K<0.1%History
RHIRobert Half Inc.COM2,142$239.0K<0.1%History
ARK Blockchain & Fintech Innovation ETF00214Q708ETF5,798$237.0K<0.1%–
MASMasco CorpCOM3,353$236.0K<0.1%History
RACEFerrari N.V.COM912$236.0K<0.1%History
Invesco Exch Traded FD Tr II46138G706SOLAR ETF3,068$236.0K<0.1%–
CALYCallaway Golf CoCOM8,498$233.0K<0.1%History
WGOWinnebago Industries IncCOM3,098$232.0K<0.1%History
CHPTChargePoint Holdings, Inc.COM CL A12,127$231.0K<0.1%History
NTLAIntellia Therapeutics, Inc.COM1,929$228.0K<0.1%History
FFIVF5, Inc.Stock926$227.0K<0.1%History
SONYSony Group CorpSPONSORED ADR1,785$226.0K<0.1%History
BABAAlibaba Group Holding LtdADR1,898$225.0K<0.1%History
Invesco Exchange Traded FD T46137V837DORS WRI MOM ETF2,381$225.0K<0.1%–
ANAutonation, Inc.COM1,927$225.0K<0.1%History
First Tr Energy Infrastrctr33738C103COM16,600$225.0K<0.1%–
ARWArrow Electronics, Inc.COM1,665$224.0K<0.1%History
EAElectronic Arts Inc.COM1,698$224.0K<0.1%History
MEDPMedpace Holdings, Inc.COM1,017$221.0K<0.1%History
PFDFlaherty & Crumrine Preferred & Income Fund IncCOM12,600$221.0K<0.1%History
STMSTMicroelectronics N.V.NY REGISTRY4,492$220.0K<0.1%History
NOVTNovanta IncCOM1,250$220.0K<0.1%History
EXCExelon CorpStock3,775$218.0K<0.1%History
Barclays Bank PLC06746P449ETN LKD 483,800$215.0K<0.1%–
iShares Tr464287762US HLTHCARE ETF709$213.0K<0.1%–
TROWPrice T Rowe Group IncStock1,066$210.0K<0.1%History