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Livermore
Livermore
ZHEN

Change Path, LLC

SEC CIK
0001739728
Latest filing
Aug 13, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 13, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
1,145
+36 vs. Q2 2025
Portfolio value
$4.10B
+$278.2M (+7.3%) vs. Q2 2025
Filed
Nov 13, 2025
SEC
Holdings of Change Path, LLC in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
OPIOffice Properties Income TrustCOM SHS BEN INT25,142$8.28K<0.1%+25,142NewHistory
MAPSWM Technology, Inc.COM10,000$11.6K<0.1%+10,000NewHistory
ASRTAssertio Holdings, Inc.COM NEW18,000$15.9K<0.1%00.0%UnchangedHistory
REIRing Energy, Inc.COM22,667$24.7K<0.1%00.0%UnchangedHistory
NWLNewell Brands Inc.Stock10,383$54.4K<0.1%+10,383NewHistory
APLTApplied Therapeutics, Inc.COM100,012$60.5K<0.1%−4,201−4.0%ReducedHistory
AURAurora Innovation, Inc.CLASS A COM11,367$61.3K<0.1%+11,367NewHistory
MQMarqeta, Inc.CLASS A COM12,000$63.4K<0.1%00.0%UnchangedHistory
TCPCBlackRock TCP Capital Corp.COM10,574$65.6K<0.1%−85,991−89.0%ReducedHistory
NOKNokia CorpSPONSORED ADR14,702$70.7K<0.1%−3,674−20.0%ReducedHistory
ZVIAZevia PBCCL A28,162$76.6K<0.1%+8,787+45.4%AddedHistory
PFNPIMCO Income Strategy Fund IICOM11,075$84.1K<0.1%+11,075NewHistory
SLQTSelectQuote, Inc.COM43,678$85.6K<0.1%−30,000−40.7%ReducedHistory
CFFNCapitol Federal Financial, Inc.COM13,856$88.0K<0.1%00.0%UnchangedHistory
BTXBlackRock Technology & Private Equity Term TrustSHS BEN INT15,020$100.6K<0.1%−4,846−24.4%ReducedHistory
VLYValley National BancorpCOM10,177$107.9K<0.1%−3,935−27.9%ReducedHistory
New Gold Inc Cda644535106COM15,481$111.2K<0.1%−2,673−14.7%Reduced–
JPCNuveen Preferred & Income Opportunities FundCOM14,164$116.1K<0.1%−438−3.0%ReducedHistory
ORCOrchid Island Capital, Inc.COM NEW17,223$120.7K<0.1%+17,223NewHistory
Sandstorm Gold Ltd Com New80013R206Stock10,063$126.0K<0.1%+10,063New–
OBDCBlue Owl Capital CorpCOM10,675$136.3K<0.1%+10,675NewHistory
CXDOCrexendo, Inc.COM21,225$138.0K<0.1%+7,225+51.6%AddedHistory
RRRichtech Robotics Inc.CL B32,628$140.0K<0.1%+32,628NewHistory
NGLNGL Energy Partners LPCOM UNIT REPST23,571$141.4K<0.1%+5,871+33.2%AddedHistory
TLRYTilray Brands, Inc.COM CL 287,134$150.7K<0.1%+9,452+12.2%AddedHistory
NACNuveen California Quality Municipal Income FundCOM13,544$155.8K<0.1%00.0%UnchangedHistory
Graniteshares ETF Tr38747R751GRANITE 2X LONG15,209$157.1K<0.1%+15,209New–
LYGLloyds Banking Group plcSPONSORED ADR34,792$158.0K<0.1%−8,258−19.2%ReducedHistory
First Tr Exchange-Traded FD33734X838INDXX NAT RE ETF10,563$160.5K<0.1%−1,841−14.8%Reduced–
ARDXArdelyx, Inc.COM29,343$161.7K<0.1%−8,175−21.8%ReducedHistory
Valkyrie ETF Trust II91917A108BITCOIN STRATEGY10,095$175.3K<0.1%−14,750−59.4%Reduced–
RMMRiverNorth Managed Duration Municipal Income Fund, Inc.COM12,576$179.0K<0.1%+162+1.3%AddedHistory
FSKFS KKR Capital CorpCOM12,528$187.0K<0.1%−1,528−10.9%ReducedHistory
Invesco Exch TRD SLF Idx FD46138J577BULETSHS 202910,161$191.1K<0.1%+10,161New–
First Tr Exch Traded FD III33739E108PFD SECS INC ETF10,500$191.5K<0.1%−5,055−32.5%Reduced–
AGNCAGNC Investment Corp.REIT19,723$193.1K<0.1%+5,623+39.9%AddedHistory
Bitfarms Ltd Com09173B107Stock70,396$198.5K<0.1%+70,396New–
iShares Tr464287549EXPND TEC SC ETF1,588$200.0K<0.1%−590−27.1%Reduced–
TRVTravelers Companies, Inc.Stock717$200.2K<0.1%+717NewHistory
EZBCFranklin Templeton Digital Holdings TrustBITCOIN ETF SHS3,030$200.6K<0.1%−6,843−69.3%ReducedHistory
NTAPNetApp, Inc.Stock1,700$201.4K<0.1%−365−17.7%ReducedHistory
SPDR Series Trust78464A284ST NUVE HIGH ETF8,106$202.1K<0.1%+8,106New–
TTWOTake Two Interactive Software IncCOM785$202.8K<0.1%−236−23.1%ReducedHistory
CHRWC. H. Robinson Worldwide, Inc.COM NEW1,537$203.5K<0.1%+1,537NewHistory
CRWVCoreWeave, Inc.Stock1,488$203.6K<0.1%−862−36.7%ReducedHistory
APTVAptiv PLCStock2,369$204.3K<0.1%+2,369NewHistory
TPRTapestry, Inc.COM1,807$204.6K<0.1%+1,807NewHistory
PAXSPIMCO Access Income FundSHS BENFIN INT12,593$204.9K<0.1%−182−1.4%ReducedHistory
WFC.PLWells Fargo & CompanyPERP PFD CNV A166$204.9K<0.1%+166NewHistory
Vanguard Scottsdale FDS92206C623VNG RUS2000GRW879$205.4K<0.1%+879New–
CFGCitizens Financial Group IncCOM3,868$205.6K<0.1%+3,868NewHistory
Global X FDS37960A727BLOCKCHAIN & BIT2,121$205.7K<0.1%+2,121New–
KTOSKratos Defense & Security Solutions, Inc.COM NEW2,262$206.7K<0.1%+2,262NewHistory
SLBSLB LimitedStock6,037$207.5K<0.1%+6,037NewHistory
DBX ETF Tr233051267XTRACKERS LOW4,400$208.1K<0.1%+4,400New–
SONYSony Group CorpSPONSORED ADR7,234$208.3K<0.1%−3,648−33.5%ReducedHistory
WPCW. P. Carey Inc.COM3,090$208.8K<0.1%−579−15.8%ReducedHistory
iShares Tr464289529INDIA 50 ETF4,108$209.1K<0.1%+387+10.4%Added–
Cyberark Software LtdM2682V108SHS433$209.2K<0.1%+433New–
Schwab Emerging Markets Equity ETF808524706ETF6,277$209.5K<0.1%+6,277New–
ARESAres Management CorpCL A COM STK1,314$210.0K<0.1%−168−11.3%ReducedHistory
BTCOInvesco Galaxy Bitcoin ETFCOM SHS BEN INT1,848$210.7K<0.1%+1,848NewHistory
NFGNational Fuel Gas CoStock2,284$211.0K<0.1%−123−5.1%ReducedHistory
STLDSteel Dynamics IncCOM1,515$211.2K<0.1%+1,515NewHistory
DBXDropbox, Inc.CL A6,997$211.4K<0.1%−6,669−48.8%ReducedHistory
AGXArgan IncStock785$212.0K<0.1%+785NewHistory
Aim ETF Products Trust00888H802ALLIA US JAN ETF5,870$212.1K<0.1%00.0%Unchanged–
Dimensional ETF Trust25434V658GLOBAL REAL EST7,789$212.7K<0.1%+7,789New–
iShares Core S&P US Value ETF464287663ETF2,130$212.9K<0.1%−121−5.4%Reduced–
WCNWaste Connections, Inc.COM1,212$213.1K<0.1%−3−0.2%ReducedHistory
BBarrick Mining CorpStock6,513$213.4K<0.1%+6,513NewHistory
PDIPIMCO Dynamic Income FundSHS10,785$213.5K<0.1%−4,159−27.8%ReducedHistory
AERAerCap Holdings N.V.SHS1,770$214.2K<0.1%−336−16.0%ReducedHistory
GBCIGlacier Bancorp, Inc.COM4,408$214.5K<0.1%+4,408NewHistory
First Trust Dow Jones Internet Index Fund33733E302ETF771$215.8K<0.1%−41−5.0%Reduced–
iShares Tr464287127MORNINGSTR US EQ2,335$215.8K<0.1%+2,335New–
ATOAtmos Energy CorpCOM1,284$219.2K<0.1%−38−2.9%ReducedHistory
DUOLDuolingo, Inc.CL A COM683$219.8K<0.1%−1,655−70.8%ReducedHistory
First Tr Exchange-Traded FD33733E831INDXX AEROSPACE5,305$219.9K<0.1%−197−3.6%Reduced–
IQVIQVIA Holdings Inc.Stock1,158$219.9K<0.1%+1,158NewHistory
VLTOVeralto CorpStock2,071$220.8K<0.1%+2,071NewHistory
Agriculture & Nat Sol Acq CoG0131Y100SHS CL A20,240$220.8K<0.1%+20,240New–
PAAPlains All American Pipeline LPUNIT LTD PARTN12,975$221.4K<0.1%−888−6.4%ReducedHistory
ETGEaton Vance Tax-Advantaged Global Dividend Income FundCOM10,480$221.4K<0.1%−2,565−19.7%ReducedHistory
First Tr Exchng Traded FD VI33740F839FT VEST US EQT4,730$221.5K<0.1%00.0%Unchanged–
ANIPAni Pharmaceuticals IncCOM2,418$221.5K<0.1%+2,418NewHistory
Aim ETF Products Trust00888H687ALLIANZIM US EQT7,100$223.0K<0.1%00.0%Unchanged–
ETYEaton Vance Tax-Managed Diversified Equity Income FundCOM14,169$225.3K<0.1%00.0%UnchangedHistory
AWKAmerican Water Works Company, Inc.Stock1,621$225.7K<0.1%−725−30.9%ReducedHistory
ProShares Tr74348A467S&P 500 DV ARIST2,202$227.0K<0.1%+2,202New–
SPDR Index Shs FDS78463X400SP CHINA ETF2,170$227.8K<0.1%−271−11.1%Reduced–
Innovator ETFs Trust45784N742EQUI DEFI 1 MARC8,501$230.2K<0.1%−26−0.3%Reduced–
Zacks Trust98888G881QUALITY INTERNAT9,168$231.4K<0.1%+9,168New–
Exchange Traded Concepts Tru301505624BITWISE CRYPTO9,265$232.3K<0.1%+9,265New–
WLDNWilldan Group, Inc.COM2,410$233.0K<0.1%+2,410NewHistory
Vanguard Industrials ETF92204A603ETF788$233.5K<0.1%+31+4.1%Added–
MTZMastec IncCOM1,100$234.1K<0.1%+1,100NewHistory
Pacer FDS Tr69374H667US CHS CWS GWT4,476$234.2K<0.1%−317−6.6%Reduced–
MSIMotorola Solutions, Inc.Stock515$235.5K<0.1%−387−42.9%ReducedHistory
iShares Tr464287838U.S. BAS MTL ETF1,593$236.1K<0.1%+91+6.1%Added–

Sold out since Q2 2025 (87)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of Change Path, LLC sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
Invesco Exchange Traded FD T46137V258S&P500 PUR VAL48,553$4.55M0.1%–
J P Morgan Exchange Traded F46641Q373BETABUILDERS I33,502$2.26M0.1%–
LNTHLantheus Holdings, Inc.Stock20,396$1.67M<0.1%History
LADLithia Motors IncCOM4,788$1.62M<0.1%History
OPCHOption Care Health, Inc.COM NEW45,763$1.49M<0.1%History
GAPGap IncCOM65,916$1.44M<0.1%History
State Street SPDR Portfolio Long Term Corporate Bond ETF78464A367ETF55,498$1.25M<0.1%–
State Street SPDR Portfolio Aggregate Bond ETF78464A649ETF44,554$1.14M<0.1%–
SPDR Series Trust78464A607ST STR DOW REIT11,408$1.10M<0.1%–
SFMSprouts Farmers Market, Inc.COM6,369$1.05M<0.1%History
CHKPCheck Point Software Technologies LtdORD4,135$914.9K<0.1%History
TOSTToast, Inc.Stock19,188$849.8K<0.1%History
First Tr Exchng Traded FD VI33740F367FT VEST U.S23,161$827.9K<0.1%–
DBCInvesco DB Commodity Index Tracking FundUNIT35,710$778.8K<0.1%History
IBNIcici Bank LtdADR22,623$761.0K<0.1%History
VEEVVeeva Systems IncStock2,640$760.3K<0.1%History
CPRXCatalyst Pharmaceuticals, Inc.COM34,044$738.8K<0.1%History
LRNStride, Inc.COM4,921$714.5K<0.1%History
SNSharkNinja, Inc.COM SHS7,177$710.5K<0.1%History
Bondbloxx ETF Trust09789C788BLOOMBERG SIX MN12,791$643.9K<0.1%–
BlackRock ETF Trust II092528108SHOR DURA HI ETF27,556$614.8K<0.1%–
State Street SPDR S&P 600 Small Cap Value ETF78464A300ETF7,164$571.5K<0.1%–
Pacer US Small Cap Cash Cows ETF69374H857ETF14,066$560.0K<0.1%–
Listed FD Tr53656F672TRUESHARES DEC14,016$539.2K<0.1%–
Invesco Exch Traded FD Tr II46138G672S&P MDCP 400 REV4,524$528.8K<0.1%–
Vanguard Whitehall FDS921946794INTL HIGH ETF5,864$469.8K<0.1%–
UIUbiquiti Inc.COM1,085$446.7K<0.1%History
NUTXNutex Health Inc.COM3,488$434.2K<0.1%History
SPDR Index Shs FDS78463X863ST DOW INTL ETF15,527$425.4K<0.1%–
PSIXPower Solutions International, Inc.Stock6,548$423.5K<0.1%History
CAKECheesecake Factory IncCOM6,349$397.8K<0.1%History
TWLOTwilio IncCL A2,891$359.5K<0.1%History
Graniteshares ETF Tr38747R8271.5X LNG NVDA DL4,972$350.1K<0.1%–
LULUlululemon athletica inc.Stock1,447$343.8K<0.1%History
BIDUBaidu, Inc.ADR3,819$327.5K<0.1%History
QBTSD-Wave Quantum Inc.Stock22,232$325.5K<0.1%History
SHAKShake Shack Inc.CL A2,239$314.8K<0.1%History
DRIDarden Restaurants IncCOM1,425$310.7K<0.1%History
AVAVAeroVironment IncCOM1,084$308.9K<0.1%History
DLRDigital Realty Trust, Inc.COM1,752$305.4K<0.1%History
DBX ETF Tr233051200XTRACK MSCI EAFE6,963$304.6K<0.1%–
PDEXPro Dex IncCOM NEW6,812$297.3K<0.1%History
First Tr Exchange-Traded FD33738D820FT VEST SMID14,393$295.2K<0.1%–
HRTGHeritage Insurance Holdings, Inc.COM11,463$285.9K<0.1%History
TTDTrade Desk, Inc.Stock3,862$278.0K<0.1%History
MRNAModerna, Inc.Stock9,821$271.0K<0.1%History
Janus Detroit STR Tr47103U753B-BBB CLO ETF5,394$260.0K<0.1%–
First Tr Exchange-Traded FD33734X176TECH ALPHADEX1,629$256.3K<0.1%–
SEICSEI Investments CoCOM2,837$254.9K<0.1%History
Global X FDS37954Y343GLBL X MLP ETF5,014$251.7K<0.1%–
GNRCGenerac Holdings Inc.Stock1,751$250.8K<0.1%History
SMMTSummit Therapeutics Inc.COM11,670$248.3K<0.1%History
STZConstellation Brands, Inc.Stock1,500$244.0K<0.1%History
IBKRInteractive Brokers Group, Inc.Stock4,368$242.0K<0.1%History
MOSMosaic CoCOM6,522$237.9K<0.1%History
CRSPCRISPR Therapeutics AGNAMEN AKT4,775$232.3K<0.1%History
AVBAvalonbay Communities IncCOM1,132$230.4K<0.1%History
ACGLArch Capital Group Ltd.Stock2,525$229.9K<0.1%History
GEHCGE HealthCare Technologies Inc.Stock3,094$229.2K<0.1%History
ABAlliancebernstein Holding L.P.UNIT LTD PARTN5,427$221.6K<0.1%History
EQIXEquinix IncCOM277$220.3K<0.1%History
Innovator ETFs Trust45784N825EQUITY JAN 202278,169$215.2K<0.1%–
VRNAVerona Pharma plcSPONSORED ADS2,251$212.9K<0.1%History
UFPTUfp Technologies IncCOM864$211.0K<0.1%History
ATROAstronics CorpCOM6,263$209.7K<0.1%History
iShares Tr46436E619ESG ADVAN ETF4,813$209.6K<0.1%–
First Tr Exchange-Traded FD33738D846FT VEST DJIA10,507$209.0K<0.1%–
Themes ETF Tr882927460LEVERAGE SHS 2X3,727$207.0K<0.1%–
HPEHewlett Packard Enterprise CoCOM10,048$205.5K<0.1%History
Vanguard Ftse All-World Ex-US Index Fund922042775ETF3,008$202.2K<0.1%–
CPTCamden Property TrustREIT1,776$200.1K<0.1%History
KEYKeycorpCOM11,320$197.2K<0.1%History
FNBFNB CorpCOM13,243$193.1K<0.1%History
DOCHealthpeak Properties, Inc.COM10,834$189.7K<0.1%History
PAYSPaysign, Inc.COM25,317$182.3K<0.1%History
HRHealthcare Realty Trust IncCL A COM10,256$162.7K<0.1%History
NVTSNavitas Semiconductor CorpCOM21,208$138.9K<0.1%History
PFLTPennantPark Floating Rate Capital Ltd.COM12,006$124.0K<0.1%History
VIGLVigil Neuroscience, Inc.COM13,500$107.3K<0.1%History
WUWestern Union COStock12,388$104.3K<0.1%History
EVTLVertical Aerospace Ltd.SHS NEW13,434$90.9K<0.1%History
NBPNovaBridge BiosciencesSPONSORED ADS37,430$90.6K<0.1%History
PLTKPlaytika Holding Corp.COM10,010$47.3K<0.1%History
HTCRHeartCore Enterprises, Inc.COM63,486$31.1K<0.1%History
OPENOpendoor Technologies Inc.COM37,282$19.9K<0.1%History
BNKKBonk, Inc.COM NEW20,112$6.63K<0.1%History
QCLSQ/C Technologies, Inc.COM NEW41,001$5.04K<0.1%History