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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
iShares Tr46436E767ESG MSCI USA ETF10,008$331.0K<0.1%−1,123−10.1%Reduced–
DOWDow Inc.Stock6,029$330.0K<0.1%+1,082+21.9%AddedHistory
First Tr Exchange-Traded FD33734X184UTILITIES ALPH10,050$330.0K<0.1%+1,538+18.1%Added–
MARMarriott International IncStock1,967$327.0K<0.1%+96+5.1%AddedHistory
Schwab U.S. Small-Cap ETF808524607ETF7,754$325.0K<0.1%+171+2.3%Added–
SPDR Series Trust78468R531SPDR S&P 500 ESG8,248$325.0K<0.1%−2,655−24.4%Reduced–
BDCZUBS AGETRACS WF BUS DE19,058$324.0K<0.1%+3,780+24.7%AddedHistory
DLRDigital Realty Trust, Inc.COM3,281$323.0K<0.1%+1,270+63.2%AddedHistory
First Tr Exchng Traded FD VI33740F805SMITH OPPORT FXD7,161$323.0K<0.1%+7,161New–
MCKMcKesson CorpStock903$322.0K<0.1%+236+35.4%AddedHistory
KMIKinder Morgan, Inc.Stock18,417$322.0K<0.1%+5,516+42.8%AddedHistory
SPDR Index Shs FDS78463X541ST STR NAT ETF5,635$322.0K<0.1%+1,530+37.3%Added–
TXTTextron IncCOM4,548$321.0K<0.1%+46+1.0%AddedHistory
XYZBlock, Inc.CL A4,655$320.0K<0.1%+1,210+35.1%AddedHistory
MPLXMPLX LPCOM UNIT REP LTD9,288$320.0K<0.1%+542+6.2%AddedHistory
VanEck ETF Trust92189H805RARE EARTH AND S3,893$318.0K<0.1%+477+14.0%Added–
DDominion Energy, IncStock5,667$317.0K<0.1%+821+16.9%AddedHistory
First Tr Exchng Traded FD VI33740U109TCW SECURITIZED14,555$316.0K<0.1%+4,290+41.8%Added–
GSKGSK plcADR8,852$315.0K<0.1%+262+3.1%AddedHistory
PSLVSprott Physical Silver TrustPHYSICAL SILVER37,800$315.0K<0.1%+3,700+10.9%AddedHistory
iShares Broad Usd Investment Grade Corporate Bond ETF464288620ETF6,183$313.0K<0.1%+6,183New–
CCICrown Castle Inc.REIT2,340$313.0K<0.1%+143+6.5%AddedHistory
iShares Tr464288513IBOXX HI YD ETF4,137$313.0K<0.1%−3,341−44.7%Reduced–
WisdomTree Tr97717X719CHINADIV EX FI8,982$312.0K<0.1%+8,982New–
State Street Communication Services Select Sector SPDR ETF81369Y852ETF5,367$311.0K<0.1%−252−4.5%Reduced–
CBUCommunity Financial System, Inc.COM5,928$311.0K<0.1%−392−6.2%ReducedHistory
SPDR Series Trust78468R556SP O&G EXPL PRO2,433$310.0K<0.1%+2,433New–
Vanguard Long-Term Treasury ETF92206C847ETF4,714$309.0K<0.1%+4,714New–
iShares Tr464288638ISHS 5-10YR INVT5,987$307.0K<0.1%+1,918+47.1%Added–
ProShares Tr74347X294HD REPLICATION6,381$306.0K<0.1%−6,538−50.6%Reduced–
LULUlululemon athletica inc.Stock838$305.0K<0.1%+25+3.1%AddedHistory
WBDWarner Bros. Discovery, Inc.Stock20,109$304.0K<0.1%−1,207−5.7%ReducedHistory
WMBWilliams Companies, Inc.COM10,151$303.0K<0.1%+777+8.3%AddedHistory
First Tr Exchng Traded FD VI33740F474FT VEST US EQT9,993$303.0K<0.1%+9,993New–
iShares Tr46436E866IBONDS 25 TRM TS12,854$302.0K<0.1%+32+0.2%Added–
GEGeneral Electric CoStock3,152$301.0K<0.1%−1,051−25.0%ReducedHistory
UBERUber Technologies, IncStock9,485$301.0K<0.1%+9,485NewHistory
Innovator ETFs Trust45782C698US EQUT BUFR AUG9,535$301.0K<0.1%00.0%Unchanged–
VMIValmont Industries IncCOM940$300.0K<0.1%+2+0.2%AddedHistory
RIORio Tinto PLCADR4,346$298.0K<0.1%+334+8.3%AddedHistory
LUVSouthwest Airlines CoCOM9,155$298.0K<0.1%+64+0.7%AddedHistory
KLACKLA CorpCOM NEW744$297.0K<0.1%−58−7.2%ReducedHistory
BDXBecton Dickinson & CoStock1,177$292.0K<0.1%−1,398−54.3%ReducedHistory
iShares Tr46435G342MORTGE REL ETF13,367$292.0K<0.1%+2,812+26.6%Added–
DBX ETF Tr233051820XTRACK MSCI ALL10,056$291.0K<0.1%00.0%Unchanged–
ZSZscaler, Inc.Stock2,485$290.0K<0.1%+21+0.9%AddedHistory
ProShares Tr74348A467S&P 500 DV ARIST3,174$290.0K<0.1%+5+0.2%Added–
VEEVVeeva Systems IncStock1,572$289.0K<0.1%+18+1.2%AddedHistory
ATOAtmos Energy CorpCOM2,571$289.0K<0.1%+6+0.2%AddedHistory
MPMP Materials Corp.COM CL A10,209$288.0K<0.1%+10,209NewHistory
BNYBank of New York Mellon CorpStock6,327$287.0K<0.1%+1,758+38.5%AddedHistory
BNBROOKFIELD CorpCL A LTD VT SH8,785$286.0K<0.1%+8,785NewHistory
MDTMedtronic plcStock3,499$282.0K<0.1%+86+2.5%AddedHistory
Invesco Exch Traded FD Tr II46138E511PFD ETF24,601$282.0K<0.1%+507+2.1%Added–
LSILife Storage, Inc.COM2,150$282.0K<0.1%+2,150NewHistory
Schwab U.S. REIT ETF808524847ETF14,396$281.0K<0.1%+881+6.5%Added–
SPGIS&P Global Inc.Stock813$280.0K<0.1%+15+1.9%AddedHistory
First Tr Exchange Traded FD33738R308BUYWRIT INCM ETF13,871$280.0K<0.1%+13,871New–
SGOLabrdn Gold ETF TrustETF14,616$276.0K<0.1%+4,564+45.4%AddedHistory
BRKRBruker CorpCOM3,494$276.0K<0.1%+3,494NewHistory
IVTInvenTrust Properties Corp.COM NEW11,811$276.0K<0.1%+72+0.6%AddedHistory
iShares Inc46434G764MSCI EMRG CHN5,562$274.0K<0.1%+5,562New–
TMHCTaylor Morrison Home CorpCOM7,153$274.0K<0.1%−197−2.7%ReducedHistory
iShares Tr464287390LATN AMER 40 ETF11,417$273.0K<0.1%−884−7.2%Reduced–
Global X FDS37954Y145CANNABIS ETF NEW30,001$273.0K<0.1%−319−1.1%Reduced–
iShares Russell Midcap ETF464287499ETF3,865$270.0K<0.1%+40+1.0%Added–
ProShares Tr74347X864ULTRPRO S&P5006,962$269.0K<0.1%+171+2.5%Added–
Vanguard Scottsdale FDS92206C664VNG RUS2000IDX3,709$268.0K<0.1%+3,709New–
DFSDiscover Financial ServicesCOM2,709$268.0K<0.1%−180−6.2%ReducedHistory
HPSJohn Hancock Preferred Income Fund IIICOM18,212$266.0K<0.1%00.0%UnchangedHistory
Flexshares Tr33939L654US QT LW VLTY5,158$265.0K<0.1%+5,158New–
REGNRegeneron Pharmaceuticals, Inc.COM321$264.0K<0.1%−7−2.1%ReducedHistory
BBDCBarings BDC, Inc.COM33,218$264.0K<0.1%+207+0.6%AddedHistory
Pacer Lunt Large Cap Multi-Factor Alternator ETF69374H816ETF7,594$263.0K<0.1%−16,269−68.2%Reduced–
COFCapital One Financial CorpStock2,720$262.0K<0.1%−167−5.8%ReducedHistory
HBANHuntington Bancshares IncCOM23,384$262.0K<0.1%+8,301+55.0%AddedHistory
iShares Tr464288794US BR DEL SE ETF2,854$262.0K<0.1%+2,854New–
Innovator ETFs Trust45782C524INTRNL DEV JAN9,150$260.0K<0.1%+9,150New–
TWTradeweb Markets Inc.Stock3,259$258.0K<0.1%+8+0.2%AddedHistory
RMMRiverNorth Managed Duration Municipal Income Fund, Inc.COM16,993$256.0K<0.1%+16,993NewHistory
Dimensional ETF Trust25434V831US HIGH PROF ETF10,044$252.0K<0.1%+10,044New–
CAGConagra Brands Inc.Stock6,684$251.0K<0.1%−455−6.4%ReducedHistory
OHIOmega Healthcare Investors IncCOM9,174$251.0K<0.1%+9,174NewHistory
LDOSLeidos Holdings, Inc.COM2,728$251.0K<0.1%+212+8.4%AddedHistory
iShares Tr46434VAX8IBONDS DEC23 ETF9,975$251.0K<0.1%00.0%Unchanged–
GDRXGoodRx Holdings, Inc.COM CL A40,000$250.0K<0.1%−150.0%ReducedHistory
iShares Tr464287622RUS 1000 ETF1,107$249.0K<0.1%+1,107New–
MPCMarathon Petroleum CorpStock1,837$248.0K<0.1%+1,837NewHistory
PSAPublic StorageCOM820$248.0K<0.1%+28+3.5%AddedHistory
EQIXEquinix IncCOM344$248.0K<0.1%+10+3.0%AddedHistory
NSSCNapco Security Technologies, IncStock6,562$247.0K<0.1%+6,562NewHistory
BENFranklin Templeton IncCOM9,179$247.0K<0.1%−30,843−77.1%ReducedHistory
ROSTRoss Stores, Inc.COM2,320$246.0K<0.1%−16−0.7%ReducedHistory
Invesco S&P 500 Quality ETF46137V241ETF5,151$244.0K<0.1%+3+0.1%Added–
CLXClorox CoStock1,536$243.0K<0.1%+1,536NewHistory
ENBEnbridge IncStock6,369$243.0K<0.1%−66−1.0%ReducedHistory
APAAPA CorpStock6,745$243.0K<0.1%+2,212+48.8%AddedHistory
Global X FDS37954Y285TELMDC&DIG ETF20,691$243.0K<0.1%+1,497+7.8%Added–
GSBDGoldman Sachs BDC, Inc.SHS17,839$243.0K<0.1%+4,279+31.6%AddedHistory
COHRCoherent Corp.COM6,359$243.0K<0.1%−7−0.1%ReducedHistory

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