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Change Path, LLC

SEC CIK
0001739728
Latest filing
Aug 13, 2026

Holdings in Q1 2025

Holdings as of Mar 31, 2025, filed May 14, 2025. Long positions only; changes compare share counts with Q4 2024.

Institution overview
Positions
1,056
−5 vs. Q4 2024
Portfolio value
$3.34B
+$80.2M (+2.5%) vs. Q4 2024
Filed
May 14, 2025
SEC
Holdings of Change Path, LLC in Q1 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
HTGCHercules Capital, Inc.COM13,952$268.0K<0.1%+20.0%AddedHistory
DBX ETF Tr233051820XTRACK MSCI ALL7,528$266.4K<0.1%−2,105−21.9%Reduced–
CCICrown Castle Inc.REIT2,548$265.6K<0.1%−110−4.1%ReducedHistory
First Tr Exchng Traded FD VI33740F649FT VEST NAS10,152$265.5K<0.1%+10,152New–
SPDR Series Trust78468R606ST PORT HIGH ETF11,334$265.4K<0.1%−1,196−9.5%Reduced–
Invesco Exch Traded FD Tr II46138E172S&P SMLCP STAP7,560$265.1K<0.1%00.0%Unchanged–
NCLHNorwegian Cruise Line Holdings Ltd.SHS13,961$264.7K<0.1%−15,959−53.3%ReducedHistory
SNOWSnowflake Inc.Stock1,807$264.1K<0.1%+1,807NewHistory
FBMSFirst Bancshares IncCOM7,800$263.7K<0.1%00.0%UnchangedHistory
Timothy Plan887432359US LRGMD CP CORE6,077$257.9K<0.1%−283,319−97.9%Reduced–
LDOSLeidos Holdings, Inc.COM1,908$257.5K<0.1%+222+13.2%AddedHistory
Alps ETF Tr00162Q452ALERIAN MLP4,956$257.4K<0.1%+504+11.3%Added–
T Rowe Price Exchange-Traded87283Q826SMALL MID CAP8,440$257.3K<0.1%+1,010+13.6%Added–
LINLinde PLCStock550$256.1K<0.1%+42+8.3%AddedHistory
GNRCGenerac Holdings Inc.Stock2,014$255.1K<0.1%+2,014NewHistory
VEEVVeeva Systems IncStock1,101$255.0K<0.1%+1,101NewHistory
iShares Tr46435U713US INFRASTRUC5,657$255.0K<0.1%−71,605−92.7%Reduced–
Global X FDS37960A859DOW 30 CO CA ETF11,526$254.4K<0.1%−3,942−25.5%Reduced–
J P Morgan Exchange Traded F46641Q308DIV RTN EM EQT4,789$252.5K<0.1%−2,121−30.7%Reduced–
NINisource Inc.COM6,296$252.4K<0.1%+6,296NewHistory
BUSEFirst Busey CorpCOM NEW11,681$252.3K<0.1%+11,681NewHistory
MRNAModerna, Inc.Stock8,781$248.9K<0.1%+8,781NewHistory
MGTXMeiraGTx Holdings plcCOM36,600$248.1K<0.1%−7,399−16.8%ReducedHistory
MELIMercadolibre IncCOM127$247.8K<0.1%−530−80.7%ReducedHistory
GPCGenuine Parts CoStock2,076$247.3K<0.1%+42+2.1%AddedHistory
ROSTRoss Stores, Inc.COM1,932$246.9K<0.1%+70+3.8%AddedHistory
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD9,252$246.9K<0.1%−2,523−21.4%Reduced–
AVBAvalonbay Communities IncCOM1,150$246.8K<0.1%−32−2.7%ReducedHistory
Global X FDS37954Y343GLBL X MLP ETF4,637$246.8K<0.1%−305−6.2%Reduced–
NEMNEWMONT CorpStock5,111$246.7K<0.1%−6,103−54.4%ReducedHistory
SLQTSelectQuote, Inc.COM73,678$246.1K<0.1%00.0%UnchangedHistory
BGBunge Global SACOM SHS3,211$245.4K<0.1%−1,181−26.9%ReducedHistory
CBChubb LtdStock811$244.9K<0.1%+811NewHistory
UIUbiquiti Inc.COM789$244.7K<0.1%+51+6.9%AddedHistory
First Tr Exch Traded FD III33739E108PFD SECS INC ETF13,906$244.6K<0.1%−9,916−41.6%Reduced–
First Tr Exchange-Traded FD33733E104CAP STRENGTH ETF2,721$243.9K<0.1%+2,721New–
MOSMosaic CoCOM9,021$243.7K<0.1%+620+7.4%AddedHistory
CRKComstock Resources IncCOM11,938$242.8K<0.1%+11,938NewHistory
PENPenumbra IncCOM901$240.9K<0.1%+901NewHistory
STZConstellation Brands, Inc.Stock1,310$240.4K<0.1%−1,325−50.3%ReducedHistory
Goldman Sachs ETF Tr381430503ACTIVEBETA US LG2,182$240.3K<0.1%−341−13.5%Reduced–
KHCKraft Heinz CoStock7,890$240.1K<0.1%−600−7.1%ReducedHistory
OTTROtter Tail CorpCOM2,986$240.0K<0.1%+2,986NewHistory
ARDXArdelyx, Inc.COM48,718$239.2K<0.1%−5,275−9.8%ReducedHistory
OMCOmnicom Group Inc.COM2,867$237.7K<0.1%−546−16.0%ReducedHistory
GEHCGE HealthCare Technologies Inc.Stock2,942$237.5K<0.1%+175+6.3%AddedHistory
DRIDarden Restaurants IncCOM1,142$237.3K<0.1%+1,142NewHistory
SLBSLB LimitedStock5,655$236.4K<0.1%+335+6.3%AddedHistory
ACGLArch Capital Group Ltd.Stock2,455$236.1K<0.1%−227−8.5%ReducedHistory
UTHRUnited Therapeutics CorpCOM764$235.5K<0.1%+141+22.6%AddedHistory
OCOwens CorningStock1,649$235.5K<0.1%+103+6.7%AddedHistory
iShares Tr46435G334MSCI UK ETF NEW6,253$234.3K<0.1%+6,253New–
Vanguard Utilities ETF92204A876ETF1,369$233.9K<0.1%−64−4.5%Reduced–
PCGPG&E CorpStock13,545$232.7K<0.1%+13,545NewHistory
TSNTyson Foods, Inc.Stock3,635$231.9K<0.1%−833−18.6%ReducedHistory
SFMSprouts Farmers Market, Inc.COM1,497$228.5K<0.1%−358−19.3%ReducedHistory
Fidelity High Dividend ETF316092840ETF4,589$227.6K<0.1%+28+0.6%Added–
ProShares Tr74347R206PSHS ULTRA QQQ2,559$227.4K<0.1%00.0%Unchanged–
FNFabrinetSHS1,148$226.7K<0.1%+54+4.9%AddedHistory
Pgim ETF Tr69344A107PGIM ULTRA SH BD4,522$224.9K<0.1%+4,522New–
ProShares Tr74349Y753SHOR S&P 500 NEW5,031$224.2K<0.1%−6,217−55.3%Reduced–
First Tr Exchng Traded FD VI33740F748FT VEST US EQT4,840$223.5K<0.1%−7,175−59.7%Reduced–
WPCW. P. Carey Inc.COM3,526$222.5K<0.1%−721−17.0%ReducedHistory
Invesco Exch Traded FD Tr II46138G599NASDAQ BIOTECH10,500$222.5K<0.1%+10,500New–
Vanguard Communication Services ETF92204A884ETF1,491$221.3K<0.1%−11−0.7%Reduced–
CHKPCheck Point Software Technologies LtdORD970$221.1K<0.1%−5,694−85.4%ReducedHistory
WCNWaste Connections, Inc.COM1,131$220.8K<0.1%−192−14.5%ReducedHistory
First Tr Exchange-Traded FD33737A108NASDQ CLN EDGE1,951$220.7K<0.1%+80+4.3%Added–
CHRWC. H. Robinson Worldwide, Inc.COM NEW2,152$220.4K<0.1%−3,848−64.1%ReducedHistory
UGIUgi CorpStock6,631$219.3K<0.1%+6,631NewHistory
DDominion Energy, IncStock3,905$219.0K<0.1%+3,905NewHistory
PPCPilgrims Pride CorpStock4,002$218.1K<0.1%+4,002NewHistory
VRTVertiv Holdings CoCOM CL A3,015$217.7K<0.1%+399+15.3%AddedHistory
PSAPublic StorageCOM726$217.4K<0.1%+48+7.1%AddedHistory
DELLDell Technologies Inc.Stock2,382$217.1K<0.1%+631+36.0%AddedHistory
WPMWheaton Precious Metals Corp.COM2,795$217.0K<0.1%+2,795NewHistory
BARGraniteShares Gold TrustSHS BEN INT7,030$216.8K<0.1%+7,030NewHistory
CPTCamden Property TrustREIT1,772$216.7K<0.1%−70−3.8%ReducedHistory
NFGNational Fuel Gas CoStock2,725$215.8K<0.1%+2,725NewHistory
Aim ETF Products Trust00888H547ALLIANZIM US EQT8,705$214.5K<0.1%00.0%Unchanged–
PEverpure, Inc.CL A4,815$213.2K<0.1%−118−2.4%ReducedHistory
Vanguard Ftse All-World Ex-US Small-Cap ETF922042718ETF1,839$212.6K<0.1%−49−2.6%Reduced–
Ssga Active Tr78470P309ST STR MARKE ETF4,917$211.9K<0.1%−2,067−29.6%Reduced–
FEFirstenergy CorpCOM5,225$211.2K<0.1%+5,225NewHistory
EQIXEquinix IncCOM259$211.2K<0.1%−8−3.0%ReducedHistory
Vanguard World FD921910709EXTENDED DUR2,965$210.8K<0.1%+2,965New–
First Tr Exchange-Traded FD33734X846NASDAQ CYB ETF3,338$210.3K<0.1%+3,338New–
Global X FDS37960A529DEFENSE TECH ETF4,503$209.6K<0.1%+4,503New–
STLDSteel Dynamics IncCOM1,667$208.5K<0.1%−385−18.8%ReducedHistory
RJFRaymond James Financial IncCOM1,498$208.1K<0.1%+1,498NewHistory
ADIAnalog Devices IncStock1,028$207.4K<0.1%+1,028NewHistory
UNMUnum GroupStock2,539$206.8K<0.1%+2,539NewHistory
ARESAres Management CorpCL A COM STK1,410$206.8K<0.1%+1,410NewHistory
ABAlliancebernstein Holding L.P.UNIT LTD PARTN5,371$205.8K<0.1%+5,371NewHistory
GSKGSK plcADR5,299$205.3K<0.1%+5,299NewHistory
EXEExpand Energy CorpCOM1,843$205.2K<0.1%+1,843NewHistory
Vanguard Scottsdale FDS92206C623VNG RUS2000GRW1,095$204.0K<0.1%+41+3.9%Added–
AYIAcuity Inc. (DE)Stock773$203.6K<0.1%+773NewHistory
PAXSPIMCO Access Income FundSHS BENFIN INT12,660$203.3K<0.1%+60+0.5%AddedHistory
DAVEDave Inc.CLASS A COM NEW2,458$203.2K<0.1%+2,458NewHistory

Sold out since Q4 2024 (106)

Positions held at the end of Q4 2024 that are gone from this filing.

The largest 100 of 106 by value last quarter.

Positions of Change Path, LLC sold out since Q4 2024
SecurityClassShares in Q4 2024Value in Q4 2024% of portfolio in Q4 2024History
Northern LTS FD Tr IV66538H419INSPIRE INTL ETF412,946$12.0M0.4%–
Northern LTS FD Tr IV66538H534INSPIRE 100 ETF205,679$8.00M0.2%–
Timothy Plan887432334INTL ETF295,507$7.85M0.2%–
ETF Opportunities Trust26923N678IDX DYNAMIC INNO79,023$2.21M0.1%–
Invesco Exch TRD SLF Idx FD46138J510BULSHS 2026 MUNI80,000$1.89M0.1%–
MANHManhattan Associates IncStock5,106$1.38M<0.1%History
IPInternational Paper CoCOM22,590$1.22M<0.1%History
CRCrane CoCOMMON STOCK7,585$1.15M<0.1%History
MMYTMakeMyTrip LtdStock9,302$1.04M<0.1%History
CACICACI International IncCL A2,572$1.04M<0.1%History
HASHasbro, Inc.COM16,855$942.4K<0.1%History
First Tr Exchng Traded FD VI33740U596VEST US EQU ENHA28,548$924.2K<0.1%–
CLHClean Harbors IncCOM3,926$903.5K<0.1%History
iShares Tr464287515EXPANDED TECH8,967$897.8K<0.1%–
BAHBooz Allen Hamilton Holding CorpCL A6,787$873.5K<0.1%History
TEVATeva Pharmaceutical Industries LtdSPONSORED ADS39,413$868.7K<0.1%History
ADUSAddus HomeCare CorpCOM6,843$857.8K<0.1%History
DKSDick's Sporting Goods, Inc.Stock3,737$855.1K<0.1%History
J P Morgan Exchange-Traded F46641Q340BETABUILDERS US8,803$847.1K<0.1%–
Pacer FDS Tr69374H717LUNT LRG CP ALTR22,296$828.7K<0.1%–
First Tr Exchng Traded FD VI33740F888SMIT UNCO BD ETF31,704$781.5K<0.1%–
iShares Tr464288257MSCI ACWI ETF6,612$776.9K<0.1%–
IPGInterpublic Group of Companies, Inc.COM27,704$776.3K<0.1%History
Schwab Strategic Tr808524672INTERNL DIVID33,506$774.7K<0.1%–
First Tr Exchng Traded FD VI33740U802FT VEST U.S.19,908$740.8K<0.1%–
LBTYALiberty Global Ltd.COM CL A54,419$694.4K<0.1%History
Listed FDS Tr53656G498ROUN MA SEVE ETF12,279$668.2K<0.1%–
First Tr Exchng Traded FD VI33740F250VEST US EQUITY E20,830$657.8K<0.1%–
UALUnited Airlines Holdings, Inc.COM6,710$651.5K<0.1%History
IQVIQVIA Holdings Inc.Stock3,065$602.3K<0.1%History
Pacer Lunt Large Cap Multi-Factor Alternator ETF69374H816ETF12,177$599.5K<0.1%–
CBRECbre Group, Inc.CL A4,359$572.3K<0.1%History
SYFSynchrony FinancialCOM8,181$531.8K<0.1%History
CXTCrane NXT, Co.COM8,798$512.2K<0.1%History
Ea Series Trust02072L722STRI US ENER ETF18,322$499.6K<0.1%–
First Tr Exchng Traded FD VI33740F136FT VEST US EQUIT15,750$480.5K<0.1%–
SNNRFSunrise Communications AGADS CL A10,608$457.0K<0.1%History
Listed FD Tr53656F748TRUESHARES STRUC14,547$456.1K<0.1%–
FICOFair Isaac CorpCOM221$440.0K<0.1%History
NXPINXP Semiconductors N.V.COM2,086$433.6K<0.1%History
MTBM&T Bank CorpCOM2,115$397.6K<0.1%History
EZBCFranklin Templeton Digital Holdings TrustBITCOIN ETF SHS7,326$396.7K<0.1%History
TREXTrex Co IncCOM5,715$394.5K<0.1%History
UHSUniversal Health Services IncCL B2,111$378.8K<0.1%History
CLXClorox CoStock2,332$378.7K<0.1%History
CODICompass Diversified HoldingsSH BEN INT16,340$377.1K<0.1%History
iShares Inc464286319EM MKTS DIV ETF14,520$375.0K<0.1%–
TTDTrade Desk, Inc.Stock2,988$351.2K<0.1%History
JEFJefferies Financial Group Inc.COM4,462$349.8K<0.1%History
Invesco Exchange Traded FD T46137V464S&P MDCP MOMNTUM2,614$322.9K<0.1%–
Global X FDS37954Y228CLEANTECH ETF47,275$320.8K<0.1%–
Listed FD Tr53656F797TRUESHARES STRUC10,513$316.2K<0.1%–
MATXMatson, Inc.COM2,338$315.3K<0.1%History
BALLBALL CorpCOM5,689$313.6K<0.1%History
Amplify Blockchain Technology ETF032108607ETF7,223$311.9K<0.1%–
iShares Tr46435G474FALN ANGLS USD11,580$309.3K<0.1%–
VMIValmont Industries IncCOM998$306.1K<0.1%History
Capital Group GBL Growth EQT14020X104SHS CREAT UNIT10,123$295.8K<0.1%–
PIMCO ETF Tr72201R2051-5 US TIP IDX5,569$291.3K<0.1%–
SHAKShake Shack Inc.CL A2,239$290.6K<0.1%History
First Tr Exch Traded FD III33739P863CALIF MUN INCM5,686$280.7K<0.1%–
Global X FDS37954Y707RENEWABLE ENERGY31,528$273.7K<0.1%–
CFBCrossfirst Bankshares, Inc.COM17,500$265.1K<0.1%History
ELFe.l.f. Beauty, Inc.COM2,102$263.9K<0.1%History
Simplify Exchange Traded Fun82889N863VOLATILITY PREM12,188$253.4K<0.1%–
John Hancock Exchange Traded47804J206MULTIFACTOR MI4,210$251.5K<0.1%–
ILMNIllumina, Inc.COM1,853$247.6K<0.1%History
CLMBClimb Global Solutions, Inc.COM1,948$246.9K<0.1%History
Capital Group Growth ETF14020G101SHS CREAT UNIT6,513$242.1K<0.1%–
TMToyota Motor CorpADS1,226$238.5K<0.1%History
Listed FD Tr53656F664TRUESHARES STRCT5,697$237.1K<0.1%–
ETHEGrayscale Ethereum Staking ETFETF8,457$237.0K<0.1%History
ROPRoper Technologies IncStock452$234.9K<0.1%History
First Tr Exchng Traded FD VI33740F839FT VEST US EQT5,426$232.6K<0.1%–
Global X FDS37954Y467E COMMERCE ETF8,274$229.5K<0.1%–
Innovator ETFs Trust45783Y541EQUITY DEF PROTN8,130$225.8K<0.1%–
iShares Tr464288802ESG OPTIMIZED1,856$225.6K<0.1%–
CARTMaplebear Inc.COM5,424$224.7K<0.1%History
TEAMAtlassian CorpCL A909$221.2K<0.1%History
ProShares Bitcoin ETF74347G440ETF9,657$220.0K<0.1%–
FBNCFirst BancorpCOM5,000$219.9K<0.1%History
TTWOTake Two Interactive Software IncCOM1,194$219.8K<0.1%History
VanEck ETF Trust92189F437FALLEN ANGEL HG7,626$218.6K<0.1%–
ProShares Tr74348A467S&P 500 DV ARIST2,143$213.3K<0.1%–
VanEck Vectors ETF Tr92189H854MOODYS ANALYTICS10,005$211.8K<0.1%–
BXSLBlackstone Secured Lending FundCOMMON STOCK6,552$211.7K<0.1%History
First Trust Dow Jones Internet Index Fund33733E302ETF866$210.6K<0.1%–
iShares Tr464287796U.S. ENERGY ETF4,605$209.8K<0.1%–
MAINMain Street Capital CORPCEF3,554$208.2K<0.1%History
Fidelity Comwlth Tr315912808NASDAQ COMPSIT2,730$207.7K<0.1%–
iShares Tr464288356CALIF MUN BD ETF3,610$206.8K<0.1%–
ETHWBitwise Ethereum ETFSHS8,613$206.5K<0.1%History
GIBCgi IncCL A1,886$206.2K<0.1%History
Innovator ETFs Trust45782C532US EQTY ULTRA B5,830$204.6K<0.1%–
EWEdwards Lifesciences CorpStock2,715$201.0K<0.1%History
CHHChoice Hotels International IncCOM1,411$200.3K<0.1%History
HRHealthcare Realty Trust IncCL A COM11,218$190.1K<0.1%History
GCTGigaCloud Technology IncStock10,000$185.2K<0.1%History
CRNTCeragon Networks LtdStock36,773$171.7K<0.1%History
SERVServe Robotics Inc.COM11,567$156.2K<0.1%History