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Livermore
Livermore
ZHEN

Change Path, LLC

SEC CIK
0001739728
Latest filing
Aug 13, 2026

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed May 15, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
789
+58 vs. Q4 2022
Portfolio value
$2.03B
+$210.9M (+11.6%) vs. Q4 2022
Filed
May 15, 2023
SEC
Holdings of Change Path, LLC in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
Northern Lights FD Tr66538J738AGILITY SHS DYNA20,780$464.0K<0.1%−133−0.6%Reduced–
BTIBritish American Tobacco p.l.c.SPONSORED ADR13,361$469.0K<0.1%+272+2.1%AddedHistory
Ssga Active Tr78470P309ST STR MARKE ETF11,481$469.0K<0.1%−1,165−9.2%Reduced–
MGMMGM Resorts InternationalStock10,582$470.0K<0.1%+494+4.9%AddedHistory
ORCLOracle CorpStock5,075$472.0K<0.1%+839+19.8%AddedHistory
USACUSA Compression Partners, LPCOMUNIT LTDPAR22,427$474.0K<0.1%+506+2.3%AddedHistory
Innovator ETFs Trust45782C326US EQTY BUFR MAY15,735$476.0K<0.1%00.0%Unchanged–
CEFSprott Physical Gold & Silver TrustPHYSICAL GOLD AN25,158$476.0K<0.1%+462+1.9%AddedHistory
SHELShell plcADR8,308$478.0K<0.1%+145+1.8%AddedHistory
Innovator ETFs Trust45782C813US EQTY PWR BUF15,166$480.0K<0.1%−1,410−8.5%Reduced–
SPDR Series Trust78468R622ST BLOO HIGH ETF5,181$481.0K<0.1%+5,181New–
Tidal ETF Tr886364603RPAR RISK PARI24,664$482.0K<0.1%−2,646−9.7%Reduced–
GLDMWorld Gold TrustSPDR GLD MINIS12,450$487.0K<0.1%+12,450NewHistory
CVSCVS Health CorpStock6,657$495.0K<0.1%+547+9.0%AddedHistory
Vanguard Scottsdale FDS92206C706INTER TERM TREAS8,250$495.0K<0.1%+8,250New–
iShares U S ETF Tr46431W838SHOR MAT MUN ETF9,949$497.0K<0.1%−3,446−25.7%Reduced–
YUMCYum China Holdings, Inc.COM7,860$498.0K<0.1%+15+0.2%AddedHistory
ARK Innovation ETF00214Q104ETF12,359$499.0K<0.1%−562−4.3%Reduced–
ORealty Income CorpREIT7,912$501.0K<0.1%+317+4.2%AddedHistory
Occidental Pete Corp WT Exp 080327674599162Stock12,289$504.0K<0.1%+12,289New–
Innovator ETFs Trust45782C433US EQTY BUFR FEB15,795$505.0K<0.1%+4,795+43.6%Added–
CBSHCommerce Bancshares IncStock8,681$507.0K<0.1%+27+0.3%AddedHistory
Innovator ETFs Trust45782C391US EQTY BUFR MAR14,625$507.0K<0.1%+8,275+130.3%Added–
State Street SPDR Portfolio Aggregate Bond ETF78464A649ETF19,710$508.0K<0.1%−29,659−60.1%Reduced–
FMCFMC CorpCOM NEW4,160$508.0K<0.1%+46+1.1%AddedHistory
MRNAModerna, Inc.Stock3,321$510.0K<0.1%+1,682+102.6%AddedHistory
APDAir Products & Chemicals, Inc.Stock1,776$510.0K<0.1%+48+2.8%AddedHistory
Vanguard World FD921910816MEGA GRWTH IND2,498$511.0K<0.1%+2,498New–
HOLXHologic IncCOM6,350$513.0K<0.1%+1,552+32.3%AddedHistory
FNGSBank of MontrealNT LKD 3819,208$516.0K<0.1%00.0%UnchangedHistory
Hartford FDS Exchange Traded41653L305TOTAL RTRN ETF15,201$517.0K<0.1%+15,201New–
NFLXNetflix IncStock1,498$518.0K<0.1%−65−4.2%ReducedHistory
Capital Grp Fixed Incm ETF T14020Y102CORE PLUS INCM22,783$519.0K<0.1%+22,783New–
Alps ETF Tr00162Q452ALERIAN MLP13,465$520.0K<0.1%+3,985+42.0%Added–
ETF Ser Solutions26922A172NATIONWIDE RSK26,449$520.0K<0.1%−1,968−6.9%Reduced–
VanEck Semiconductor ETF92189F676ETF1,984$522.0K<0.1%+1,984New–
American Centy ETF Tr025072877US SML CP VALU7,050$522.0K<0.1%+444+6.7%Added–
Vanguard Energy ETF92204A306ETF4,593$525.0K<0.1%+401+9.6%Added–
ABNBAirbnb, Inc.Stock4,226$526.0K<0.1%+23+0.5%AddedHistory
FDXFedEx CorpStock2,313$529.0K<0.1%+155+7.2%AddedHistory
Global X FDS37954Y392VDEO GAM ESPRT26,005$529.0K<0.1%−10,346−28.5%Reduced–
LENLennar CorpCL A5,037$529.0K<0.1%−98−1.9%ReducedHistory
BlackRock ETF Trust09290C509ISHA US AWAR ETF11,771$533.0K<0.1%+420+3.7%Added–
GLOBGlobant S.A.COM3,264$535.0K<0.1%+478+17.2%AddedHistory
Invesco Actively Managed Exc46090A101ACTIVE US REAL6,171$540.0K<0.1%−536−8.0%Reduced–
ROCCBaytex Energy USA, Inc.COM13,281$542.0K<0.1%−1,153−8.0%ReducedHistory
iShares U.S. ETF Trust iShares Gsci Commodity Dynamic Roll Strategy ETF46431W853ETF20,093$543.0K<0.1%−151,594−88.3%Reduced–
iShares Tr464289420RUS TP200 VL ETF8,338$543.0K<0.1%+2,761+49.5%Added–
Goldman Sachs ETF Tr381430529ACCES TREASURY5,439$544.0K<0.1%+2,975+120.7%Added–
CDWCDW CorpCOM2,808$547.0K<0.1%+749+36.4%AddedHistory
Innovator ETFs Trust45782C581US EQTY BUF NOV17,320$547.0K<0.1%00.0%Unchanged–
BAHBooz Allen Hamilton Holding CorpCL A5,913$549.0K<0.1%+217+3.8%AddedHistory
Global X FDS37954Y731CONSCIOUS COS18,602$549.0K<0.1%+1,930+11.6%Added–
Innovator ETFs Trust45782C466GRWT100 PWR BF14,672$556.0K<0.1%+14,672New–
Vanguard Consumer Staples ETF92204A207ETF2,884$558.0K<0.1%+172+6.3%Added–
TSCOTractor Supply CoCOM2,374$558.0K<0.1%+46+2.0%AddedHistory
CSXCSX CorpStock18,818$563.0K<0.1%−12−0.1%ReducedHistory
LNGCheniere Energy, Inc.COM NEW3,589$566.0K<0.1%−1,932−35.0%ReducedHistory
GISGeneral Mills IncStock6,639$567.0K<0.1%+2,091+46.0%AddedHistory
VanEck ETF Trust92189H409HIGH YLD MUNIETF11,065$572.0K<0.1%+2,523+29.5%Added–
iShares Tr46435U150IBONDS 23 TRM HG24,218$572.0K<0.1%+28+0.1%Added–
TREXTrex Co IncCOM11,823$575.0K<0.1%−652−5.2%ReducedHistory
ORLYO Reilly Automotive IncStock679$576.0K<0.1%+32+4.9%AddedHistory
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS17,619$576.0K<0.1%+17,619NewHistory
J P Morgan Exchange Traded F46641Q654ULTRA SHT MUNCPL11,352$577.0K<0.1%+40.0%Added–
EMREmerson Electric CoStock6,703$584.0K<0.1%+2,213+49.3%AddedHistory
State Street SPDR Portfolio S&P 500 Growth ETF78464A409ETF10,760$596.0K<0.1%−268−2.4%Reduced–
iShares Inc464286103MSCI AUST ETF25,967$596.0K<0.1%+2,999+13.1%Added–
SPDR Index Shs FDS78463X871ST INTL CAP ETF19,271$597.0K<0.1%+953+5.2%Added–
Listed FD Tr53656F672TRUESHARES DEC20,761$598.0K<0.1%+1,904+10.1%Added–
KMBKimberly Clark CorpStock4,461$599.0K<0.1%−237−5.0%ReducedHistory
SPDR Series Trust78468R861STATE STRET SPDR31,562$601.0K<0.1%−7,503−19.2%Reduced–
Fidelity Merrimack STR Tr316188309TOTAL BD ETF13,299$612.0K<0.1%+554+4.3%Added–
MPWRMonolithic Power Systems, Inc.COM1,228$615.0K<0.1%−101−7.6%ReducedHistory
Invesco Exchange Traded FD T46137V324S&P500 EQL IND3,286$617.0K<0.1%−98−2.9%Reduced–
ALLAllstate CorpStock5,597$620.0K<0.1%−110−1.9%ReducedHistory
CORCencora, Inc.Stock3,878$621.0K<0.1%−4,071−51.2%ReducedHistory
NKENIKE, Inc.Stock5,066$621.0K<0.1%−558−9.9%ReducedHistory
First Tr Exchange-Traded FD336917109SHS17,555$623.0K<0.1%+6,443+58.0%Added–
CSGSCSG Systems International IncCOM11,593$623.0K<0.1%−76−0.7%ReducedHistory
First Trust Rising Dividend Achievers ETF33738R506ETF14,088$632.0K<0.1%−1,581−10.1%Reduced–
JPMorgan Nasdaq Equity Premium Income ETF46654Q203ETF14,028$633.0K<0.1%+2,064+17.3%Added–
CPRXCatalyst Pharmaceuticals, Inc.COM38,313$635.0K<0.1%+5,918+18.3%AddedHistory
SAIASaia IncCOM2,338$636.0K<0.1%+18+0.8%AddedHistory
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD23,817$640.0K<0.1%−1,282−5.1%Reduced–
WCCWesco International IncCOM4,151$641.0K<0.1%00.0%UnchangedHistory
FNFFidelity National Financial, Inc.COM SHS18,404$643.0K<0.1%+4,447+31.9%AddedHistory
WisdomTree Tr97717W125FUTRE STRAT FD19,181$644.0K<0.1%−9,607−33.4%Reduced–
URIUnited Rentals, Inc.COM1,627$644.0K<0.1%+160+10.9%AddedHistory
WFCWells Fargo & CompanyStock17,468$653.0K<0.1%+118+0.7%AddedHistory
iShares MSCI Eafe Min Vol Factor ETF46429B689ETF9,717$657.0K<0.1%−861−8.1%Reduced–
PIMCO ETF Tr72201R403BROAD US TIPS11,787$657.0K<0.1%+7,067+149.7%Added–
Goldman Sachs ETF Tr381430206ACTIVEBETA EME22,287$663.0K<0.1%−2,225−9.1%Reduced–
AJGArthur J. Gallagher & Co.COM3,481$666.0K<0.1%+168+5.1%AddedHistory
LSCCLattice Semiconductor CorpCOM7,047$673.0K<0.1%+7,047NewHistory
QCOMQualcomm IncStock5,283$674.0K<0.1%−2,845−35.0%ReducedHistory
Vanguard Total World Stock ETF922042742ETF7,372$679.0K<0.1%+30.0%Added–
BPBP PLCADR17,924$680.0K<0.1%+2,750+18.1%AddedHistory
iShares Tr46435G672CORE INTL AGGR13,903$681.0K<0.1%+1,632+13.3%Added–
PLDPrologis, Inc.REIT5,465$682.0K<0.1%+106+2.0%AddedHistory

Sold out since Q4 2022 (60)

Positions held at the end of Q4 2022 that are gone from this filing.

Positions of Change Path, LLC sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
SPDR Series Trust78468R408ST TERM HIGH ETF560,745$13.6M0.7%–
iShares Tr46435G102CONV BD ETF60,201$4.18M0.2%–
State Street SPDR Portfolio Long Term Corporate Bond ETF78464A367ETF108,635$2.44M0.1%–
Invesco Exch TRD SLF Idx FD46138J866BULSHS 2023 CB98,897$2.08M0.1%–
iShares Tr464287796U.S. ENERGY ETF39,896$1.85M0.1%–
First Tr Exchng Traded FD VI33740F714FT VEST US EQT55,134$1.78M0.1%–
First Tr Exchng Traded FD VI33740U802FT VEST U.S.53,318$1.57M0.1%–
iShares Tr46435G409MSCI INTL VLU FT66,268$1.54M0.1%–
AAPAdvance Auto Parts IncCOM9,133$1.34M0.1%History
First Tr Exchng Traded FD VI33740F862FT VEST US EQT34,267$1.19M0.1%–
TSNTyson Foods, Inc.Stock17,867$1.11M0.1%History
PDOPIMCO Dynamic Income Opportunities FundCOM BEN SHS67,638$864.0K<0.1%History
Vanguard Intl Equity Index F922042866FTSE PACIFIC ETF11,915$767.0K<0.1%–
TTDTrade Desk, Inc.Stock12,789$574.0K<0.1%History
KDPKeurig Dr Pepper Inc.COM14,362$512.0K<0.1%History
PDIPIMCO Dynamic Income FundSHS25,139$465.0K<0.1%History
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF11,619$452.0K<0.1%–
PEverpure, Inc.CL A16,539$443.0K<0.1%History
SWKSSkyworks Solutions, Inc.Stock4,836$441.0K<0.1%History
POOLPool CorpCOM1,398$423.0K<0.1%History
AOSSmith A O CorpCOM7,174$411.0K<0.1%History
ETF Ser Solutions26922B873DEFIANCE HTL AIR24,600$395.0K<0.1%–
iShares Tr46436E619ESG ADVAN ETF9,028$381.0K<0.1%–
RHIRobert Half Inc.COM5,104$377.0K<0.1%History
iShares Inc464286509MSCI CDA ETF11,341$371.0K<0.1%–
iShares U S ETF Tr46431W705INT RT HDG C B3,663$332.0K<0.1%–
First Tr Exchng Traded FD VI33740F888SMIT UNCO BD ETF13,327$321.0K<0.1%–
iShares Inc46434G822MSCI JAPAN ETF5,866$319.0K<0.1%–
Invesco Exch TRD SLF Idx FD46138J726RAFI STRG US ETF11,077$298.0K<0.1%–
SPDR Index Shs FDS78463X749ST DOW GLOBA ETF6,994$286.0K<0.1%–
HIIHuntington Ingalls Industries, Inc.COM1,219$282.0K<0.1%History
HALOHalozyme Therapeutics, Inc.COM4,744$270.0K<0.1%History
iShares U S ETF Tr46431W507SHOR DURA BD ETF5,354$264.0K<0.1%–
Invesco Exchange Traded FD T46137V480S&P SMCP VLU MNT5,752$263.0K<0.1%–
Invesco Exchange Traded FD T46137V290S&P500 EQL REL8,277$254.0K<0.1%–
BOHBank of Hawaii CorpCOM3,200$248.0K<0.1%History
First Tr Exchange-Traded FD33734H106SHS6,139$245.0K<0.1%–
ProShares Tr74347X849SHRT 20+YR TRE10,125$230.0K<0.1%–
DBCInvesco DB Commodity Index Tracking FundUNIT9,049$223.0K<0.1%History
NSCNorfolk Southern CorpStock900$222.0K<0.1%History
NUENucor CorpCOM1,681$222.0K<0.1%History
John Hancock Exchange Traded47804J776PFD INCOME ETF10,000$216.0K<0.1%–
CWHCamping World Holdings, Inc.CL A9,503$212.0K<0.1%History
ALKAlaska Air Group, Inc.COM4,917$211.0K<0.1%History
iShares Tr46436E759ESG EAFE ETF3,847$209.0K<0.1%–
CEGConstellation Energy CorpStock2,416$208.0K<0.1%History
PFDFlaherty & Crumrine Preferred & Income Fund IncCOM18,600$207.0K<0.1%History
VTRVentas, Inc.REIT4,566$206.0K<0.1%History
iShares Tr46435U663ESG AWARE MSCI6,272$206.0K<0.1%–
Fidelity MSCI Utilities Index ETF316092865ETF4,445$203.0K<0.1%–
SBACSba Communications CorpCL A725$203.0K<0.1%History
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR19,001$202.0K<0.1%History
iShares Tr46435G433MSCI USA SMCP MN5,781$200.0K<0.1%–
First Tr Exch Traded FD III33739P855INSTL PFD SECS10,620$189.0K<0.1%–
First Tr MLP & Energy Incom33739B104COM19,100$149.0K<0.1%–
RESRPC IncCOM15,995$142.0K<0.1%History
JBLUJetBlue Airways CorpCOM15,362$100.0K<0.1%History
NATNordic American Tankers LtdCOM30,495$93.0K<0.1%History
RTLNecessity Retail REIT, Inc.COM CLASS A11,311$67.0K<0.1%History
LUMNLumen Technologies, Inc.Stock10,078$53.0K<0.1%History