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Livermore
Livermore
ZHEN

Change Path, LLC

SEC CIK
0001739728
Latest filing
Aug 13, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Oct 17, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
567
−260 vs. Q2 2023
Portfolio value
$1.39B
−$754.7M (−35.2%) vs. Q2 2023
Filed
Oct 17, 2023
SEC
Holdings of Change Path, LLC in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
MCOMoodys CorpStock5,419$1.71M0.1%−552−9.2%ReducedHistory
Schwab US Aggregate Bond ETF808524839ETF38,878$1.72M0.1%+620+1.6%Added–
J P Morgan Exchange Traded F46654Q609ACTIVE GROWTH32,101$1.73M0.1%−20,201−38.6%Reduced–
J P Morgan Exchange Traded F46641Q167ACTIVE VALUE ETF33,886$1.74M0.1%−1,568−4.4%Reduced–
iShares Tr46435U713US INFRASTRUC47,497$1.74M0.1%−11,520−19.5%Reduced–
SBUXStarbucks CorpStock19,107$1.74M0.1%−11,298−37.2%ReducedHistory
CTVACorteva, Inc.Stock34,164$1.75M0.1%+2,173+6.8%AddedHistory
Global X FDS37954Y624AUTONMOUS EV ETF75,209$1.77M0.1%−13,554−15.3%Reduced–
BACBank of America CorpStock64,962$1.78M0.1%+26,160+67.4%AddedHistory
J P Morgan Exchange Traded F46641Q761US QUALTY FCTR41,400$1.79M0.1%+10,470+33.9%Added–
MOAltria Group, Inc.Stock42,736$1.80M0.1%−7,587−15.1%ReducedHistory
iShares Russell 1000 Growth ETF464287614ETF6,833$1.82M0.1%−12,430−64.5%Reduced–
iShares Core MSCI Total International Stock ETF46432F834ETF30,380$1.82M0.1%+1,811+6.3%Added–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF19,883$1.82M0.1%−40,198−66.9%Reduced–
SPDR Index Shs FDS78463X509ST PORT MARK ETF55,037$1.85M0.1%+10,808+24.4%Added–
MCHPMicrochip Technology IncStock23,851$1.86M0.1%−5,515−18.8%ReducedHistory
ROPRoper Technologies IncStock3,855$1.87M0.1%−577−13.0%ReducedHistory
ZTSZoetis Inc.Stock10,843$1.89M0.1%−1,990−15.5%ReducedHistory
iShares Inc46434G764MSCI EMRG CHN37,914$1.89M0.1%+32,148+557.5%Added–
SPDR Ser Tr78468R655S&P KENSHO CLEAN28,227$1.90M0.1%−1,061−3.6%Reduced–
CSCOCisco Systems, Inc.Stock35,629$1.92M0.1%−26,299−42.5%ReducedHistory
Global X FDS37954Y657US PFD ETF101,934$1.92M0.1%−5,038−4.7%Reduced–
PIMCO ETF Tr72201R817INV GRD CRP BD21,143$1.93M0.1%+7,621+56.4%Added–
CTASCintas CorpStock4,065$1.96M0.1%−805−16.5%ReducedHistory
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF63,585$1.97M0.1%−11,433−15.2%Reduced–
LOWLowes Companies IncStock9,622$2.00M0.1%−2,311−19.4%ReducedHistory
State Street Health Care Select Sector SPDR ETF81369Y209ETF15,642$2.01M0.1%−12,912−45.2%Reduced–
PFEPfizer IncStock60,789$2.02M0.1%−32,847−35.1%ReducedHistory
SHWSherwin Williams CoCOM7,968$2.03M0.1%−128−1.6%ReducedHistory
WMTWalmart Inc.Stock12,755$2.04M0.1%−17,089−57.3%ReducedHistory
CLColgate Palmolive CoStock28,722$2.04M0.1%+14,051+95.8%AddedHistory
GLDSPDR Gold TrustETF11,945$2.05M0.1%−3,065−20.4%ReducedHistory
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF20,672$2.07M0.1%−44,334−68.2%Reduced–
Ssga Active ETF Tr78467V848ST STR TOTAL ETF53,585$2.07M0.1%−2,609−4.6%Reduced–
First Tr Exchng Traded FD VI33740U752FT VEST NASD ETF83,990$2.11M0.2%+83,990New–
FDXFedEx CorpStock8,071$2.14M0.2%+6,108+311.2%AddedHistory
Vanguard Information Technology ETF92204A702ETF5,189$2.15M0.2%−1,125−17.8%Reduced–
Occidental Pete Corp WT Exp 080327674599162Stock50,829$2.20M0.2%−7,769−13.3%Reduced–
TMOThermo Fisher Scientific Inc.Stock4,363$2.21M0.2%−1,312−23.1%ReducedHistory
iShares Tr464288414NATIONAL MUN ETF21,536$2.21M0.2%−1,116−4.9%Reduced–
Vanguard Morningstar Small-Cap Value ETF922908611ETF14,102$2.25M0.2%+2,735+24.1%Added–
AMATApplied Materials IncStock16,329$2.26M0.2%−3,052−15.7%ReducedHistory
iShares Russell 2000 ETF464287655ETF12,959$2.29M0.2%−13,877−51.7%Reduced–
CSXCSX CorpStock74,915$2.30M0.2%+53,857+255.8%AddedHistory
ATVIActivision Blizzard, Inc.COM24,709$2.31M0.2%−5,540−18.3%ReducedHistory
FFord Motor CoStock187,299$2.33M0.2%−9,821−5.0%ReducedHistory
PGProcter & Gamble CoStock16,047$2.34M0.2%−17,773−52.6%ReducedHistory
JNJJohnson & JohnsonStock15,268$2.38M0.2%−11,929−43.9%ReducedHistory
TXNTexas Instruments IncStock14,950$2.38M0.2%+279+1.9%AddedHistory
Global X FDS37960A5371-3 MONTH T-BILL95,282$2.39M0.2%+95,282New–
iShares Russell Mid-Cap Growth ETF464287481ETF26,281$2.40M0.2%−46,489−63.9%Reduced–
First Tr Exchng Traded FD VI33740U802FT VEST U.S.79,546$2.41M0.2%+474+0.6%Added–
First Tr Exchng Traded FD VI33740F730FT VEST US EQT71,793$2.43M0.2%−5,513−7.1%Reduced–
Global X FDS37954Y384CYBRSCURTY ETF101,301$2.46M0.2%−23,021−18.5%Reduced–
METAMeta Platforms, Inc.Stock8,206$2.46M0.2%−1,730−17.4%ReducedHistory
VZVerizon Communications IncStock76,215$2.47M0.2%+22,126+40.9%AddedHistory
ABBVAbbVie Inc.Stock17,009$2.54M0.2%−19,590−53.5%ReducedHistory
First Tr Exchng Traded FD VI33740F631FT VEST US80,061$2.59M0.2%+521+0.7%Added–
Ssga Active Tr78470P408STATE STREET US62,894$2.60M0.2%+1,770+2.9%Added–
Global X FDS37954Y673US INFR DEV ETF85,540$2.60M0.2%−15,721−15.5%Reduced–
Global X FDS37954Y475S&P 500 COVERED67,066$2.61M0.2%−23,005−25.5%Reduced–
INTUIntuit Inc.Stock5,124$2.62M0.2%−2,964−36.6%ReducedHistory
KOCoca Cola CoStock47,169$2.64M0.2%+919+2.0%AddedHistory
Northern LTS FD Tr IV66538H591MAIN SECTR ROTN64,116$2.70M0.2%−91,938−58.9%Reduced–
ADBEAdobe Inc.Stock5,295$2.70M0.2%−4,092−43.6%ReducedHistory
Invesco Actvely MNGD Etc FD46090F100OPTIMUM YIELD181,403$2.71M0.2%−14,416−7.4%Reduced–
iShares Tr46434V4070-5YR HI YL CP69,045$2.83M0.2%+13,479+24.3%Added–
J P Morgan Exchange Traded F46641Q670CORE PLUS BD ETF63,853$2.85M0.2%−23,851−27.2%Reduced–
MCDMcDonalds CorpStock10,899$2.87M0.2%+670+6.6%AddedHistory
First Tr Exchng Traded FD VI33740U406FT VEST U.S.86,743$2.91M0.2%+650+0.8%Added–
iShares Core S&P Mid-Cap ETF464287507ETF11,700$2.92M0.2%−7,534−39.2%Reduced–
AVGOBroadcom Inc.Stock3,603$2.99M0.2%−2,600−41.9%ReducedHistory
Ssga Active ETF Tr78467V608ST STR BL LN ETF71,398$2.99M0.2%−5,095−6.7%Reduced–
First Tr Exchng Traded FD VI33740U703FT VEST DEEP ETF140,993$3.00M0.2%−33,550−19.2%Reduced–
iShares MSCI Eafe ETF464287465ETF43,974$3.03M0.2%−16,582−27.4%Reduced–
CVXChevron CorpStock18,112$3.05M0.2%−12,635−41.1%ReducedHistory
UNPUnion Pacific CorpStock15,060$3.07M0.2%−1,432−8.7%ReducedHistory
J P Morgan Exchange-Traded F46641Q209DIV RTN INT EQ60,868$3.08M0.2%−424,449−87.5%Reduced–
LMTLockheed Martin CorpStock7,566$3.09M0.2%+835+12.4%AddedHistory
iShares Tr46436E882IBONDS 23 TRM TS126,780$3.15M0.2%+22,391+21.4%Added–
SPDR Series Trust78464A664ST LON TREAS ETF121,138$3.17M0.2%+13,793+12.8%Added–
DEDeere & CoStock8,778$3.31M0.2%−1,045−10.6%ReducedHistory
First Tr Exchng Traded FD VI33740F615FT VEST US EQT103,417$3.33M0.2%+5,378+5.5%Added–
iShares Tr46434V878ULTRA SHORT DUR66,212$3.34M0.2%−21,189−24.2%Reduced–
MAMastercard IncStock8,658$3.43M0.2%−7,718−47.1%ReducedHistory
JPMJPMorgan Chase & CoStock24,950$3.62M0.3%−5,967−19.3%ReducedHistory
J P Morgan Exchange Traded F46641Q332EQUITY PREMIUM70,024$3.75M0.3%−90,017−56.2%Reduced–
TSLATesla, Inc.Stock15,261$3.82M0.3%−9,421−38.2%ReducedHistory
GOOGLAlphabet Inc.Stock30,440$3.98M0.3%−32,185−51.4%ReducedHistory
NVDANVIDIA CorpStock9,361$4.07M0.3%−4,918−34.4%ReducedHistory
State Street Energy Select Sector SPDR ETF81369Y506ETF45,292$4.09M0.3%−41,681−47.9%Reduced–
iShares Tr4642886613 7 YR TREAS BD37,199$4.21M0.3%−135−0.4%Reduced–
XOMExxonMobil Holdings CorpCOM35,990$4.23M0.3%−4,927−12.0%ReducedHistory
iShares U.S. Treasury Bond ETF46429B267ETF195,660$4.31M0.3%−1,172,602−85.7%Reduced–
iShares Tr464288281JPMORGAN USD EMG53,663$4.43M0.3%−39,737−42.5%Reduced–
J P Morgan Exchange Traded F46641Q373BETABUILDERS I85,016$4.43M0.3%−22,094−20.6%Reduced–
Vanguard Malvern FDS922020805STRM INFPROIDX93,803$4.43M0.3%−40,142−30.0%Reduced–
HDHome Depot, Inc.Stock14,680$4.44M0.3%−2,595−15.0%ReducedHistory
VVisa Inc.Stock20,518$4.72M0.3%+542+2.7%AddedHistory
First Tr Exchng Traded FD VI33740F847FT VEST US EQT123,263$4.79M0.3%+63,491+106.2%Added–

Sold out since Q2 2023 (298)

Positions held at the end of Q2 2023 that are gone from this filing.

The largest 100 of 298 by value last quarter.

Positions of Change Path, LLC sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
Advisorshares Tr00768Y768STAR GLOB BUYW1,375,463$51.7M2.4%–
ETF Ser Solutions26922B105LHA MKT ST TACTL336,283$9.17M0.4%–
Schwab International Equity ETF808524805ETF232,591$8.29M0.4%–
First Tr Exch TRD Alphdx FD33737J190GERMANY ALPHA119,002$4.62M0.2%–
Dimensional ETF Trust25434V104US CORE EQT MKT134,381$4.16M0.2%–
Invesco Exchange Traded FD T46137V324S&P500 EQL IND16,540$3.38M0.2%–
First Tr Exchng Traded FD VI33740F854FT VEST U.S.94,599$3.22M0.2%–
TMUST-Mobile US, Inc.Stock21,135$2.94M0.1%History
Schwab Emerging Markets Equity ETF808524706ETF117,126$2.88M0.1%–
iShares Russell Mid-Cap Value ETF464287473ETF25,308$2.78M0.1%–
State Street SPDR S&P Software & Services ETF78464A599ETF20,346$2.71M0.1%–
NXHNeighborhood Intelligence, Inc.COM77,423$2.52M0.1%History
iShares Tr464287580US CONSUM DISCRE29,485$2.10M0.1%–
Invesco Exch TRD SLF Idx FD46138J544BULSHS 2023 MUNI79,491$1.99M0.1%–
Invesco Exch TRD SLF Idx FD46138J536BULSHS 2024 MUNI80,450$1.99M0.1%–
State Street SPDR S&P Aerospace & Defense ETF78464A631ETF16,363$1.99M0.1%–
State Street SPDR S&P Semiconductor ETF78464A862ETF8,808$1.95M0.1%–
SPDR Ser Tr78464A110FACTST INV ETF14,648$1.93M0.1%–
Schwab U.S. Large-Cap Growth ETF808524300ETF25,637$1.92M0.1%–
Schwab U.S. Large-Cap Value ETF808524409ETF28,618$1.92M0.1%–
iShares Tr464288646ISHS 1-5YR INVS38,277$1.92M0.1%–
First Tr Exchange-Traded FD33739Q408FIRST TR ENH NEW29,664$1.76M0.1%–
Invesco Exch TRD SLF Idx FD46138J825BULSHS 2025 CB86,525$1.74M0.1%–
DGDollar General CorpCOM9,395$1.59M0.1%History
iShares Inc464286871MSCI HONG KG ETF81,451$1.57M0.1%–
Invesco Exch TRD SLF Idx FD46138J791BULSHS 2026 CB72,517$1.37M0.1%–
WisdomTree Tr97717X719CHINADIV EX FI44,717$1.37M0.1%–
Listed FDS Tr53656F599SWAN HEDGED EQTY73,460$1.36M0.1%–
YUMYum Brands IncStock8,859$1.23M0.1%History
Vanguard Scottsdale FDS92206C565TOTAL WLD BD ETF17,826$1.22M0.1%–
State Street SPDR S&P Biotech ETF78464A870ETF14,276$1.19M0.1%–
CDNSCadence Design Systems IncStock5,000$1.17M0.1%History
Innovator U.S. Equity Power Buffer ETF - September45782C656ETF35,875$1.17M0.1%–
SPDR Ser Tr78468R127S&P INTERNET ETF14,883$1.16M0.1%–
SPDR Index Shs FDS78463X103PORTFLO EURP ETF28,952$1.11M0.1%–
Innovator ETFs Trust45783Y780US EQT ACC 9 BFR44,445$1.09M0.1%–
ONOn Semiconductor CorpStock10,922$1.03M<0.1%History
First Tr Exchng Traded FD VI33740F474FT VEST US EQT30,018$944.0K<0.1%–
PINSPinterest, Inc.CL A34,247$936.0K<0.1%History
Vanguard Index FDS922908652EXTEND MKT ETF6,281$935.0K<0.1%–
VRTXVertex Pharmaceuticals IncStock2,647$932.0K<0.1%History
Fidelity Merrimack STR Tr316188309TOTAL BD ETF19,157$870.0K<0.1%–
Invesco Exch TRD SLF Idx FD46138J783BULSHS 2027 CB45,690$869.0K<0.1%–
Dimensional World Ex U.S. Core Equity 2 ETF25434V880ETF36,746$857.0K<0.1%–
Innovator ETFs Trust45783Y848US EQTY ACCELRT932,650$840.0K<0.1%–
CLHClean Harbors IncCOM5,006$823.0K<0.1%History
ANETArista Networks, Inc.COM5,069$821.0K<0.1%History
iShares Inc46434G863ESG AWR MSCI EM25,668$812.0K<0.1%–
ULTAUlta Beauty, Inc.Stock1,693$796.0K<0.1%History
iShares Tr46432F388MSCI USA VALUE8,241$773.0K<0.1%–
Invesco Actively Managed Exc46090A804TOTAL RETURN16,564$770.0K<0.1%–
SRESempraStock5,237$762.0K<0.1%History
SNPSSynopsys IncCOM1,690$736.0K<0.1%History
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD26,809$712.0K<0.1%–
CORCencora, Inc.Stock3,671$706.0K<0.1%History
Vanguard Scottsdale FDS92206C680VNG RUS1000GRW9,924$702.0K<0.1%–
BAHBooz Allen Hamilton Holding CorpCL A6,263$699.0K<0.1%History
VanEck ETF Trust92189F536LONG MUNI ETF38,883$698.0K<0.1%–
Listed FD Tr53656F672TRUESHARES DEC22,675$694.0K<0.1%–
BPBP PLCADR19,627$693.0K<0.1%History
MPWRMonolithic Power Systems, Inc.COM1,275$689.0K<0.1%History
VanEck Morningstar Wide Moat ETF92189F643ETF8,466$676.0K<0.1%–
ELFe.l.f. Beauty, Inc.COM5,860$669.0K<0.1%History
SAIASaia IncCOM1,945$666.0K<0.1%History
Pacer US Small Cap Cash Cows ETF69374H857ETF16,252$661.0K<0.1%–
BXBlackstone Inc.COM6,921$643.0K<0.1%History
iShares Tr46434VBG4IBONDS DEC24 ETF25,975$640.0K<0.1%–
LSCCLattice Semiconductor CorpCOM6,527$627.0K<0.1%History
SPXCSPX Technologies, Inc.COM7,377$627.0K<0.1%History
RACEFerrari N.V.COM1,910$621.0K<0.1%History
WisdomTree Tr97717X578EM EX ST-OWNED22,147$619.0K<0.1%–
First Tr Exchange-Traded FD336917109SHS18,173$618.0K<0.1%–
GDGeneral Dynamics CorpStock2,826$608.0K<0.1%History
American Centy ETF Tr025072877US SML CP VALU7,818$607.0K<0.1%–
LPLALPL Financial Holdings Inc.COM2,788$606.0K<0.1%History
Dimensional ETF Trust25434V864SHOR DUR FIX ETF12,845$595.0K<0.1%–
iShares Inc464286103MSCI AUST ETF26,219$591.0K<0.1%–
MEDPMedpace Holdings, Inc.COM2,456$590.0K<0.1%History
J P Morgan Exchange Traded F46641Q654ULTRA SHT MUNCPL11,356$575.0K<0.1%–
LNGCheniere Energy, Inc.COM NEW3,761$573.0K<0.1%History
Listed FD Tr53656F748TRUESHARES STRUC20,294$571.0K<0.1%–
HOLXHologic IncCOM7,038$570.0K<0.1%History
DHRDanaher CorpStock2,357$565.0K<0.1%History
IDCCInterDigital, Inc.COM5,802$560.0K<0.1%History
SYKStryker CorpStock1,761$537.0K<0.1%History
LNTHLantheus Holdings, Inc.Stock6,374$535.0K<0.1%History
ABNBAirbnb, Inc.Stock4,140$531.0K<0.1%History
CCitigroup IncStock11,384$525.0K<0.1%History
DUOLDuolingo, Inc.CL A COM3,661$523.0K<0.1%History
MMSIMerit Medical Systems IncCOM6,221$520.0K<0.1%History
First Trust Rising Dividend Achievers ETF33738R506ETF10,929$515.0K<0.1%–
ONONOn Holding AGStock15,559$513.0K<0.1%History
iShares Tr46429B465MSCI GERMNY ETF8,422$512.0K<0.1%–
iShares Semiconductor ETF464287523ETF989$501.0K<0.1%–
American Centy ETF Tr025072703INTL EQT ETF8,707$500.0K<0.1%–
iShares Inc464286582MSCI JAPN SMCETF7,281$498.0K<0.1%–
Innovator ETFs Trust45782C813US EQTY PWR BUF14,481$496.0K<0.1%–
SHOPShopify Inc.Stock7,596$491.0K<0.1%History
Alps ETF Tr00162Q452ALERIAN MLP12,252$480.0K<0.1%–
First Tr Exchange Trad FD VI33739H101FST TR GLB FD20,983$478.0K<0.1%–