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Change Path, LLC

SEC CIK
0001739728
Latest filing
Aug 13, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Feb 13, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
1,170
+25 vs. Q3 2025
Portfolio value
$4.12B
+$28.4M (+0.7%) vs. Q3 2025
Filed
Feb 13, 2026
SEC
Holdings of Change Path, LLC in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
Vanguard Ftse Developed Markets ETF921943858ETF1,576,808$98.5M2.4%+53,849+3.5%Added–
AAPLApple Inc.Stock352,895$95.9M2.3%+5,996+1.7%AddedHistory
Vanguard Morningstar Value ETF922908744ETF498,199$95.2M2.3%+27,976+5.9%Added–
Vanguard Morningstar Growth ETF922908736ETF191,065$93.2M2.3%+1,167+0.6%Added–
NVDANVIDIA CorpStock474,970$88.6M2.1%+12,780+2.8%AddedHistory
Invesco QQQ Trust Series I46090E103ETF135,561$83.3M2.0%+25,415+23.1%Added–
AMZNAmazon Com IncStock334,483$77.2M1.9%+1,826+0.5%AddedHistory
PIMCO Active Bond Exchange-Traded Fund72201R775ETF772,020$71.9M1.7%+66,696+9.5%Added–
Advisorshares Tr00768Y768STAR GLOB BUYW1,400,039$68.7M1.7%+14,307+1.0%Added–
BlackRock ETF Trust09290C103ISHARES US EQUIT1,125,153$68.4M1.7%+112,913+11.2%Added–
MSFTMicrosoft CorpStock137,960$66.7M1.6%+3,107+2.3%AddedHistory
iShares S&P 500 Value ETF464287408ETF308,993$65.5M1.6%+97,583+46.2%Added–
SPYSPDR S&P 500 ETF TrustETF85,488$58.3M1.4%+2,637+3.2%AddedHistory
iShares S&P 500 Growth ETF464287309ETF469,836$57.9M1.4%+6,669+1.4%Added–
Vanguard Total International Bond ETF92203J407ETF1,071,991$51.8M1.3%+54,503+5.4%Added–
Vanguard S&P 500 ETF922908363ETF81,593$51.2M1.2%+21,975+36.9%Added–
American Centy ETF Tr025072604AVANTIS EMGMKT614,517$47.3M1.1%+150,160+32.3%Added–
iShares Tr46434V613CORE UNIVRSL USD974,173$45.3M1.1%+2,189+0.2%Added–
iShares Core S&P 500 ETF464287200ETF65,000$44.5M1.1%+359+0.6%Added–
Northern LTS FD Tr IV66538H591MAIN SECTR ROTN689,763$44.5M1.1%+28,211+4.3%Added–
GOOGLAlphabet Inc.Stock136,396$42.7M1.0%+2,309+1.7%AddedHistory
iShares S&P 100 ETF464287101ETF115,966$39.8M1.0%+5,727+5.2%Added–
AVGOBroadcom Inc.Stock110,719$38.3M0.9%−1,823−1.6%ReducedHistory
Vanguard Short-Term Bond ETF921937827ETF424,649$33.5M0.8%+23,443+5.8%Added–
iShares MSCI USA Quality Factor ETF46432F339ETF158,521$31.5M0.8%−109,318−40.8%Reduced–
iShares Tr464288877EAFE VALUE ETF431,644$30.8M0.7%−79,318−15.5%Reduced–
Simplify Exchange Traded Fun82889N525MBS ETF609,058$30.7M0.7%−4,212−0.7%Reduced–
Vanguard Morningstar Small-Cap ETF922908751ETF116,804$30.1M0.7%+12,490+12.0%Added–
Vanguard Ftse Emerging Markets ETF922042858ETF559,789$30.1M0.7%+37,231+7.1%Added–
METAMeta Platforms, Inc.Stock44,681$29.5M0.7%+2,754+6.6%AddedHistory
First Tr Exchng Traded FD VI33740F755FT LADD BUFF ETF841,382$28.8M0.7%−14,749−1.7%Reduced–
TSLATesla, Inc.Stock61,932$27.9M0.7%+2,479+4.2%AddedHistory
Franklin Templeton ETF Tr35473P306US CORE DIV TILT510,565$27.1M0.7%+49,864+10.8%Added–
BlackRock ETF Trust09290C780ISHA I IN TE ETF752,544$25.1M0.6%+57,357+8.3%Added–
IAUiShares Gold TrustETF303,238$24.6M0.6%−25,321−7.7%ReducedHistory
BlackRock ETF Trust09290C806ISHA US THEM ETF586,877$22.6M0.5%+19,759+3.5%Added–
iShares Flexible Income Active ETF092528603ETF407,624$21.5M0.5%+5,704+1.4%Added–
Vanguard Dividend Appreciation ETF921908844ETF97,097$21.3M0.5%+621+0.6%Added–
Invesco Exch Traded FD Tr II46138E339S&P 500 MOMNTM170,165$20.3M0.5%+49,819+41.4%Added–
iShares Tr46428865310-20 YR TRS ETF195,895$19.9M0.5%−51,353−20.8%Reduced–
Vanguard Morningstar Total Stock Market ETF922908769ETF58,381$19.6M0.5%+5,074+9.5%Added–
BRK.BBerkshire Hathaway IncStock37,010$18.6M0.5%+388+1.1%AddedHistory
Vanguard Real Estate ETF922908553ETF208,267$18.4M0.4%+17,897+9.4%Added–
Vanguard Intermediate-Term Bond ETF921937819ETF231,252$18.0M0.4%+13,141+6.0%Added–
Vanguard Mortgage-Backed Securities ETF92206C771ETF381,034$17.9M0.4%+22,793+6.4%Added–
Zacks Trust98888G105EARNGS CONSTANT476,681$16.6M0.4%+8,232+1.8%Added–
LLYEli Lilly & CoStock14,288$15.4M0.4%−343−2.3%ReducedHistory
Zacks Trust98888G204SMALL/MID CAP405,595$15.0M0.4%+12,915+3.3%Added–
PIMCO ETF Tr72201R585MULTISECTOR BD559,013$14.9M0.4%+96,813+20.9%Added–
MOAltria Group, Inc.Stock249,161$14.4M0.3%+22,977+10.2%AddedHistory
Vanguard BD Index FDS921937793LONG TERM BOND197,204$13.7M0.3%+12,848+7.0%Added–
Dimensional U.S. Core Equity 2 ETF25434V708ETF345,912$13.7M0.3%+3,787+1.1%Added–
VanEck Semiconductor ETF92189F676ETF37,978$13.7M0.3%+1,342+3.7%Added–
Vanguard High Dividend Yield Index ETF921946406ETF93,945$13.5M0.3%+8,774+10.3%Added–
iShares MSCI USA Min Vol Factor ETF46429B697ETF143,176$13.5M0.3%−4,925−3.3%Reduced–
J P Morgan Exchange Traded F46654Q724HEDG EQU LAD ETF201,311$13.4M0.3%−1,368−0.7%Reduced–
GLDSPDR Gold TrustETF33,013$13.1M0.3%−4,608−12.2%ReducedHistory
PIMCO ETF Tr72201R7830-5 HIGH YIELD137,429$13.0M0.3%+25,356+22.6%Added–
State Street SPDR Portfolio S&P 500 Growth ETF78464A409ETF120,034$12.8M0.3%−5,493−4.4%Reduced–
J P Morgan Exchange Traded F46641Q399BETABUILDRS US103,113$12.7M0.3%+3,332+3.3%Added–
Global X FDS37960A529DEFENSE TECH ETF194,061$12.6M0.3%+30,217+18.4%Added–
PLTRPalantir Technologies Inc.Stock70,406$12.5M0.3%−30,572−30.3%ReducedHistory
J P Morgan Exchange Traded F46641Q332EQUITY PREMIUM215,423$12.3M0.3%−10,834−4.8%Reduced–
Vanguard Instl Index FD9220408450 3 MO TR BI ETF154,762$11.7M0.3%+95,695+162.0%Added–
GOFGuggenheim Strategic Opportunities FundCOM SBI899,165$11.6M0.3%+79,116+9.6%AddedHistory
State Street SPDR Portfolio S&P 500 ETF78464A854ETF140,715$11.3M0.3%+806+0.6%Added–
iShares Tr464287150CORE S&P TTL STK75,706$11.3M0.3%+4,589+6.5%Added–
NFLXNetflix IncStock118,883$11.1M0.3%−12,917−9.8%ReducedConverted for a 10-for-1 splitHistory
iShares Tr46434V878ULTRA SHORT DUR218,088$11.0M0.3%+81,030+59.1%Added–
Vanguard World FD921910873MEGA CAP INDEX43,553$10.9M0.3%−11,944−21.5%Reduced–
iShares Tr464288281JPMORGAN USD EMG112,167$10.8M0.3%+1,521+1.4%Added–
VZVerizon Communications IncStock257,915$10.5M0.3%−5,038−1.9%ReducedHistory
ABBVAbbVie Inc.Stock45,844$10.5M0.3%−161−0.3%ReducedHistory
JPMJPMorgan Chase & CoStock32,365$10.4M0.3%−396−1.2%ReducedHistory
iShares Tr46436E858IBONDS 26 TRM TS448,425$10.3M0.2%+396,195+758.6%Added–
GOOGAlphabet Inc.Stock32,679$10.3M0.2%−1,850−5.4%ReducedHistory
WMTWalmart Inc.Stock91,844$10.2M0.2%+5,305+6.1%AddedHistory
IBMInternational Business Machines CorpStock33,419$9.90M0.2%+1,656+5.2%AddedHistory
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS166,153$9.76M0.2%+7,188+4.5%Added–
ETF Ser Solutions26922B105LHA MKT ST TACTL234,611$9.37M0.2%−55,567−19.1%Reduced–
GEGeneral Electric CoStock29,853$9.20M0.2%−5,114−14.6%ReducedHistory
First Tr Exchng Traded FD VI33740U703FT VEST DEEP ETF322,935$9.12M0.2%+15,153+4.9%Added–
iShares Tr46429B655FLTG RATE NT ETF179,068$9.11M0.2%−2,182−1.2%Reduced–
GLDMWorld Gold TrustSPDR GLD MINIS106,292$9.07M0.2%+14,794+16.2%AddedHistory
Zacks Trust98888G808FOCUS GROWTH ETF301,256$8.98M0.2%+5,153+1.7%Added–
iShares MSCI Eafe ETF464287465ETF92,908$8.92M0.2%+11,058+13.5%Added–
First Tr Exchng Traded FD VI33740U729FT VEST LAD331,009$8.78M0.2%+45,676+16.0%Added–
Janus Detroit STR Tr47103U845HENDRSON AAA CL168,094$8.50M0.2%+22,426+15.4%Added–
PGProcter & Gamble CoStock59,110$8.47M0.2%−1,453−2.4%ReducedHistory
HDHome Depot, Inc.Stock23,130$7.96M0.2%−156−0.7%ReducedHistory
State Street Technology Select Sector SPDR ETF81369Y803ETF54,652$7.87M0.2%+4,244+8.4%AddedConverted for a 2-for-1 split–
VVisa Inc.Stock22,250$7.80M0.2%+530+2.4%AddedHistory
Vanguard Malvern FDS922020748CORE BD ETF98,838$7.70M0.2%+10,904+12.4%Added–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF84,225$7.70M0.2%+49,145+140.1%Added–
State Street Energy Select Sector SPDR ETF81369Y506ETF169,788$7.59M0.2%+68,334+67.4%AddedConverted for a 2-for-1 split–
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF170,722$7.58M0.2%+38,210+28.8%Added–
PEPPepsiCo IncStock52,461$7.53M0.2%+484+0.9%AddedHistory
SLViShares Silver TrustETF115,549$7.44M0.2%−7,781−6.3%ReducedHistory
First Tr Exchange Traded FD33738R308BUYWRIT INCM ETF314,425$7.43M0.2%+27,530+9.6%Added–
SPDR Series Trust78468R101ST SHO TREAS ETF252,574$7.40M0.2%−4,435−1.7%Reduced–

Sold out since Q3 2025 (108)

Positions held at the end of Q3 2025 that are gone from this filing.

The largest 100 of 108 by value last quarter.

Positions of Change Path, LLC sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
iShares Tr46436E866IBONDS 25 TRM TS402,532$9.41M0.2%–
Strategy Shs86280R811EVEN HIGH DI ETF273,967$7.33M0.2%–
Elevation Series Trust210322202SOVE CAP FLOU FD231,534$7.01M0.2%–
Timothy Plan887432342U S SM CP CORE142,608$5.93M0.1%–
iShares Tr46435G250HIGH YLD SYSTM B60,640$2.90M0.1%–
AMCRAmcor plcORD222,108$1.82M<0.1%History
OUNZVanEck Merk Gold ETFGOLD SHS48,678$1.81M<0.1%History
CNCCentene CorpStock37,784$1.35M<0.1%History
DHIHorton D R IncCOM7,170$1.22M<0.1%History
DGXQuest Diagnostics IncCOM6,093$1.16M<0.1%History
ETHGrayscale Ethereum Staking Mini ETFSHS NEW27,632$1.08M<0.1%History
Direxion Shares ETF Trust25459Y207NASDAQ 100 EQ WT10,268$1.04M<0.1%–
Global X FDS37954Y764MILL THEMC ETF20,842$1.03M<0.1%–
FISVFiserv IncStock6,818$879.0K<0.1%History
CVSACovista Inc.COM5,584$862.4K<0.1%History
ProShares Tr74347G192ULTRAPRO SHT QQQ54,537$830.6K<0.1%–
SPDR Index Shs FDS78463X533ST MAR DIVID ETF18,843$732.0K<0.1%–
Legg Mason ETF Invt52468L505FRANKLIN INTL LW18,514$643.4K<0.1%–
GDLCGrayscale CoinDesk Crypto 5 ETFUSD SHS10,978$613.7K<0.1%History
SNEXStoneX Group Inc.COM5,879$593.3K<0.1%History
Simplify Exchange Traded Fun82889N632ENHANCED INM ETF23,967$553.4K<0.1%–
VanEck ETF Trust92189F429PREFERRED SECURT30,220$537.0K<0.1%–
FASTFastenal CoStock10,434$511.7K<0.1%History
LINKInterlink Electronics IncCOM NEW40,112$510.2K<0.1%History
STRLSterling Infrastructure, Inc.COM1,492$506.8K<0.1%History
Pacer Trendpilot US Large Cap ETF69374H105ETF8,982$491.9K<0.1%–
AZNAstraZeneca PLCSPONSORED ADR6,140$471.1K<0.1%History
PIMCO ETF Tr72201R593COMMODITY STRAT16,882$462.6K<0.1%–
Pacer FDS Tr69374H428ARIST HIGH ETF9,283$439.9K<0.1%–
ASMAvino Silver & Gold Mines LtdCOM82,496$433.1K<0.1%History
IESCIES Holdings, Inc.COM1,083$430.7K<0.1%History
Timothy Plan887432326HIG DV STK ETF10,520$413.8K<0.1%–
SPDR Series Trust78464A201ST STR SP600GRWO4,347$410.0K<0.1%–
LCIDLucid Group, Inc.Stock16,899$402.0K<0.1%History
AMTAmerican Tower CorpREIT1,919$369.1K<0.1%History
IRIngersoll Rand Inc.COM4,400$363.5K<0.1%History
CMCLCaledonia Mining Corp PlcSHS NEW9,951$360.3K<0.1%History
PAASPan American Silver CorpStock9,291$359.8K<0.1%History
AEMAgnico Eagle Mines LtdStock2,100$354.1K<0.1%History
SERVServe Robotics Inc.COM30,289$352.3K<0.1%History
DDDuPont de Nemours, Inc.COM4,496$350.2K<0.1%History
Etfis Ser Tr I26923G806VIRTUS REAVES UT3,983$332.3K<0.1%–
First Tr Exchange-Traded FD33738D309SENIOR LN FD7,186$329.4K<0.1%–
CCRDCoreCard CorpCOM11,667$314.1K<0.1%History
PFDFlaherty & Crumrine Preferred & Income Fund IncCOM26,000$312.5K<0.1%History
ULTAUlta Beauty, Inc.Stock571$312.2K<0.1%History
Cambria ETF Tr132061201SHSHLD YIELD ETF4,370$300.1K<0.1%–
INCYIncyte CorpCOM3,528$299.2K<0.1%History
AZOAutoZone IncCOM67$287.4K<0.1%History
ONCBeOne Medicines Ltd.ADR840$286.2K<0.1%History
Yieldmax MSTR Option Income Strategy ETF88634T493ETF20,327$283.8K<0.1%–
BMNRBitmine Immersion Technologies, Inc.COM NEW5,433$282.1K<0.1%History
ITRIItron, Inc.COM2,243$279.4K<0.1%History
IRMIron Mountain IncCOM2,655$270.7K<0.1%History
AMBAAmbarella IncSHS3,169$261.5K<0.1%History
iShares Tr46435G672CORE INTL AGGR5,051$258.8K<0.1%–
FBTCFidelity Wise Origin Bitcoin FundSHS2,588$258.4K<0.1%History
ACMAecomCOM1,946$253.9K<0.1%History
Invesco Exchange Traded FD T46137V142WATER RES ETF3,516$253.5K<0.1%–
iShares Inc464286806MSCI GERMANY ETF5,957$247.9K<0.1%–
HBMHudbay Minerals Inc.COM16,282$246.8K<0.1%History
ADSKAutodesk, Inc.COM767$243.7K<0.1%History
HBANHuntington Bancshares IncCOM14,106$243.6K<0.1%History
WisdomTree Tr97717W786INTL DIV EX FINL4,896$243.0K<0.1%–
FETHFidelity Ethereum FundSHS5,736$238.3K<0.1%History
VanEck ETF Trust92189F700AGRIBUSINESS ETF3,233$237.5K<0.1%–
MSIMotorola Solutions, Inc.Stock515$235.5K<0.1%History
MTZMastec IncCOM1,100$234.1K<0.1%History
WLDNWilldan Group, Inc.COM2,410$233.0K<0.1%History
Exchange Traded Concepts Tru301505624BITWISE CRYPTO9,265$232.3K<0.1%–
ANIPAni Pharmaceuticals IncCOM2,418$221.5K<0.1%History
PAAPlains All American Pipeline LPUNIT LTD PARTN12,975$221.4K<0.1%History
Agriculture & Nat Sol Acq CoG0131Y100SHS CL A20,240$220.8K<0.1%–
DUOLDuolingo, Inc.CL A COM683$219.8K<0.1%History
ATOAtmos Energy CorpCOM1,284$219.2K<0.1%History
iShares Tr464287127MORNINGSTR US EQ2,335$215.8K<0.1%–
GBCIGlacier Bancorp, Inc.COM4,408$214.5K<0.1%History
PDIPIMCO Dynamic Income FundSHS10,785$213.5K<0.1%History
WCNWaste Connections, Inc.COM1,212$213.1K<0.1%History
Dimensional ETF Trust25434V658GLOBAL REAL EST7,789$212.7K<0.1%–
AGXArgan IncStock785$212.0K<0.1%History
DBXDropbox, Inc.CL A6,997$211.4K<0.1%History
NFGNational Fuel Gas CoStock2,284$211.0K<0.1%History
ARESAres Management CorpCL A COM STK1,314$210.0K<0.1%History
iShares Tr464289529INDIA 50 ETF4,108$209.1K<0.1%–
WPCW. P. Carey Inc.COM3,090$208.8K<0.1%History
DBX ETF Tr233051267XTRACKERS LOW4,400$208.1K<0.1%–
SLBSLB LimitedStock6,037$207.5K<0.1%History
KTOSKratos Defense & Security Solutions, Inc.COM NEW2,262$206.7K<0.1%History
Global X FDS37960A727BLOCKCHAIN & BIT2,121$205.7K<0.1%–
WFC.PLWells Fargo & CompanyPERP PFD CNV A166$204.9K<0.1%History
APTVAptiv PLCStock2,369$204.3K<0.1%History
SPDR Series Trust78464A284ST NUVE HIGH ETF8,106$202.1K<0.1%–
NTAPNetApp, Inc.Stock1,700$201.4K<0.1%History
EZBCFranklin Templeton Digital Holdings TrustBITCOIN ETF SHS3,030$200.6K<0.1%History
Bitfarms Ltd Com09173B107Stock70,396$198.5K<0.1%–
FSKFS KKR Capital CorpCOM12,528$187.0K<0.1%History
Valkyrie ETF Trust II91917A108BITCOIN STRATEGY10,095$175.3K<0.1%–
First Tr Exchange-Traded FD33734X838INDXX NAT RE ETF10,563$160.5K<0.1%–
Graniteshares ETF Tr38747R751GRANITE 2X LONG15,209$157.1K<0.1%–