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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
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF18,746$1.29M0.1%−14,898−44.3%Reduced–
J P Morgan Exchange Traded F46641Q266ACTIVEBLDRS EMER37,284$1.29M0.1%−18,297−32.9%Reduced–
iShares Tr46435U853BROAD USD HIGH37,058$1.29M0.1%−75,564−67.1%Reduced–
iShares Tr46428865310-20 YR TRS ETF12,925$1.27M0.1%−34,544−72.8%Reduced–
Vanguard Total Bond Market ETF921937835ETF18,181$1.27M0.1%−10,246−36.0%Reduced–
Invesco Exch TRD SLF Idx FD46138J619RUSL 1000 DYNM27,539$1.26M0.1%−6,028−18.0%Reduced–
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD16,610$1.25M0.1%−451−2.6%Reduced–
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 13,685$1.23M0.1%−1,338−26.6%ReducedHistory
MDYSPDR S&P Midcap 400 ETF TrustETF2,686$1.23M0.1%−357−11.7%ReducedHistory
UPSUnited Parcel Service IncStock7,796$1.22M0.1%−7,470−48.9%ReducedHistory
Vanguard Mun BD FDS922907746TAX EXEMPT BD25,135$1.21M0.1%−1,170−4.4%Reduced–
State Street SPDR S&P 600 Small Cap Value ETF78464A300ETF16,624$1.20M0.1%+4,281+34.7%Added–
Vanguard Long-Term Treasury ETF92206C847ETF21,647$1.20M0.1%−5,929−21.5%Reduced–
J P Morgan Exchange Traded F46641Q159INCOME ETF26,907$1.20M0.1%+1,262+4.9%Added–
PIMCO ETF Tr72201R7830-5 HIGH YIELD13,072$1.18M0.1%+464+3.7%Added–
CRCrane CoCOMMON STOCK13,281$1.18M0.1%+13,281NewHistory
EPDEnterprise Products Partners L.P.Stock42,625$1.17M0.1%−2,585−5.7%ReducedHistory
IBMInternational Business Machines CorpStock8,242$1.16M0.1%−4,884−37.2%ReducedHistory
Innovator U.S. Equity Power Buffer ETF - October45782C797ETF34,005$1.16M0.1%+23,253+216.3%Added–
GLDMWorld Gold TrustSPDR GLD MINIS31,333$1.15M0.1%−27,017−46.3%ReducedHistory
COSTCostco Wholesale CorpStock2,012$1.14M0.1%−1,738−46.3%ReducedHistory
BABoeing CoStock5,895$1.13M0.1%−1,021−14.8%ReducedHistory
VLOValero Energy CorpStock7,956$1.13M0.1%−9,520−54.5%ReducedHistory
iShares Tr464288687PFD AND INCM SEC37,293$1.13M0.1%−33,683−47.5%Reduced–
GSGoldman Sachs Group IncStock3,437$1.11M0.1%−470−12.0%ReducedHistory
State Street Technology Select Sector SPDR ETF81369Y803ETF6,728$1.10M0.1%−11,429−62.9%Reduced–
ARCCAres Capital CorpCEF56,564$1.10M0.1%−5,236−8.5%ReducedHistory
iShares S&P Mid-Cap 400 Growth ETF464287606ETF15,152$1.09M0.1%+420+2.9%Added–
Ssga Active Tr78470P507ST STR SECTO ETF44,186$1.09M0.1%−7,234−14.1%Reduced–
iShares Tr4642874571 3 YR TREAS BD13,319$1.08M0.1%−178,347−93.1%Reduced–
Pacer US Cash Cows 100 ETF69374H881ETF21,573$1.07M0.1%−7,116−24.8%Reduced–
Goldman Sachs ETF Tr381430602ACTIVEBETA US18,712$1.04M0.1%−4,993−21.1%Reduced–
TAT&T Inc.Stock69,560$1.04M0.1%−54,903−44.1%ReducedHistory
Global X FDS37954Y764MILL THEMC ETF34,198$1.04M0.1%−5,782−14.5%Reduced–
iShares Tr46429B7470-5 YR TIPS ETF10,681$1.03M0.1%−2,679−20.1%Reduced–
Invesco Exch Traded FD Tr II46138E362S&P500 HDL VOL26,296$1.03M0.1%−36,916−58.4%Reduced–
CTRACoterra Energy Inc.Stock37,831$1.02M0.1%−37,910−50.1%ReducedHistory
GOOGAlphabet Inc.Stock7,687$1.01M0.1%−13,296−63.4%ReducedHistory
SPDR Series Trust78464A144ST STR CORPO ETF36,213$998.0K0.1%−77,889−68.3%Reduced–
HSYHershey CoCOM4,922$985.0K0.1%+2,224+82.4%AddedHistory
MRKMerck & Co., Inc.Stock9,525$981.0K0.1%−30,406−76.1%ReducedHistory
DGXQuest Diagnostics IncCOM7,975$972.0K0.1%−6,934−46.5%ReducedHistory
Dimensional ETF Trust25434V203INTL CORE EQT MK37,193$971.0K0.1%−60,252−61.8%Reduced–
State Street Industrial Select Sector SPDR ETF81369Y704ETF9,495$963.0K0.1%−7,029−42.5%Reduced–
SOSouthern CoStock14,780$957.0K0.1%−5,459−27.0%ReducedHistory
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG69,236$949.0K0.1%+35,426+104.8%AddedHistory
Franklin Templeton ETF Tr35473P819FTSE CHINA53,679$917.0K0.1%+53,679New–
Vanguard Star FDS921909768VG TL INTL STK F16,905$905.0K0.1%−2,787−14.2%Reduced–
CBOECboe Global Markets, Inc.COM5,700$890.0K0.1%−8,604−60.2%ReducedHistory
CATCaterpillar IncStock3,232$882.0K0.1%−1,012−23.8%ReducedHistory
PANWPalo Alto Networks IncStock3,756$881.0K0.1%−1,910−33.7%ReducedHistory
iShares Tr46429B291A RATE CP BD ETF19,505$880.0K0.1%−33,016−62.9%Reduced–
iShares Russell 1000 Value ETF464287598ETF5,784$878.0K0.1%−13,313−69.7%Reduced–
LRCXLam Research CorpCOM1,398$876.0K0.1%−134−8.7%ReducedHistory
SNASnap-on IncCOM3,415$871.0K0.1%−4,491−56.8%ReducedHistory
NOCNorthrop Grumman CorpStock1,977$870.0K0.1%−176−8.2%ReducedHistory
J P Morgan Exchange-Traded F46641Q407JPMORGAN DIVER9,101$855.0K0.1%−7,944−46.6%Reduced–
INTCIntel CorpStock23,702$843.0K0.1%−5,018−17.5%ReducedHistory
Global X FDS37954Y483NASDAQ 100 COVER50,238$842.0K0.1%−6,606−11.6%Reduced–
J P Morgan Exchange Traded F46641Q878BET USD HIG ETF19,048$836.0K0.1%+14,400+309.8%Added–
AMDAdvanced Micro Devices IncStock8,062$829.0K0.1%−2,491−23.6%ReducedHistory
Dimensional U.S. Core Equity 2 ETF25434V708ETF31,383$822.0K0.1%−84,942−73.0%Reduced–
iShares Core Dividend Growth ETF46434V621ETF16,605$822.0K0.1%−1,294−7.2%Reduced–
RTXRTX CorpStock11,405$821.0K0.1%−12,011−51.3%ReducedHistory
Great Ajax Corp38983D4097.25 CV SR NT 2433,776$815.0K0.1%+10,768+46.8%Added–
First Tr Exch Traded FD III33739P103LNG/SHT EQUITY15,217$809.0K0.1%−5,376−26.1%Reduced–
SPDR Series Trust78464A763ST STR SP DIV6,919$796.0K0.1%−1,070−13.4%Reduced–
COPConocoPhillipsStock6,597$790.0K0.1%−1,217−15.6%ReducedHistory
Vanguard Financials ETF92204A405ETF9,760$784.0K0.1%+192+2.0%Added–
WSOWatsco IncCOM2,061$778.0K0.1%−602−22.6%ReducedHistory
OKEONEOK IncCOM12,262$778.0K0.1%−5,312−30.2%ReducedHistory
BMYBristol Myers Squibb CoStock13,235$768.0K0.1%−4,609−25.8%ReducedHistory
Vanguard Health Care ETF92204A504ETF3,208$754.0K0.1%−6,047−65.3%Reduced–
New York Life Investments Et45409B800MERGE ARBIT ETF23,867$754.0K0.1%−2,474−9.4%Reduced–
iShares Tr464287234MSCI EMG MKT ETF19,807$752.0K0.1%−6,168−23.7%Reduced–
Pacer Trendpilot 100 ETF69374H303ETF12,168$748.0K0.1%−184−1.5%Reduced–
IAUiShares Gold TrustETF21,049$737.0K0.1%−7,829−27.1%ReducedHistory
TSCOTractor Supply CoCOM3,625$736.0K0.1%−2,045−36.1%ReducedHistory
CMCSAComcast CorpStock16,353$725.0K0.1%−22,814−58.2%ReducedHistory
ProShares Tr74347X294HD REPLICATION15,218$723.0K0.1%+6,186+68.5%Added–
State Street Consumer Discretionary Select Sector SPDR ETF81369Y407ETF4,471$720.0K0.1%−16,878−79.1%Reduced–
TYGTortoise Energy Infrastructure CorpCOM24,791$716.0K0.1%−1,949−7.3%ReducedHistory
iShares Tr464288356CALIF MUN BD ETF12,971$711.0K0.1%−567−4.2%Reduced–
DUKDuke Energy CORPStock8,053$710.0K0.1%−7,564−48.4%ReducedHistory
iShares Select U.S. REIT ETF464287564ETF14,137$709.0K0.1%−963−6.4%Reduced–
URIUnited Rentals, Inc.COM1,578$702.0K0.1%−667−29.7%ReducedHistory
CXTCrane NXT, Co.COM12,401$689.0K<0.1%+12,401NewHistory
iShares Esg Aware US Aggregate Bond ETF46435U549ETF15,163$687.0K<0.1%+853+6.0%Added–
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF6,174$682.0K<0.1%−14,359−69.9%Reduced–
iShares 1-10 Year U.S. Aggregate Bond ETF464288596ETF6,808$681.0K<0.1%+6,808New–
Franklin Templeton ETF Tr35473P108INTL COR DIV TIL24,125$673.0K<0.1%−9,218−27.6%Reduced–
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS20,131$671.0K<0.1%+1,146+6.0%AddedHistory
Schwab Charles Family FD808515530AMT TAX FREE MNY665,491$665.0K<0.1%−227,534−25.5%Reduced–
State Street SPDR Portfolio S&P 500 High Dividend ETF78468R788ETF18,837$660.0K<0.1%−15,398−45.0%Reduced–
SPDR Series Trust78468R622ST BLOO HIGH ETF7,284$659.0K<0.1%+266+3.8%Added–
Global X FDS37954Y228CLEANTECH ETF60,242$659.0K<0.1%+5,977+11.0%Added–
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847ETF14,955$655.0K<0.1%−1,598−9.7%Reduced–
iShares U S ETF Tr46431W838SHOR MAT MUN ETF13,102$652.0K<0.1%+1,269+10.7%Added–
iShares Tr46435G425ESG AWR MSCI USA6,792$638.0K<0.1%−30,281−81.7%Reduced–
PXDPioneer Natural Resources CoCOM2,767$635.0K<0.1%−2,927−51.4%ReducedHistory

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%–