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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
CMECME Group Inc.COM9,926$2.71M0.1%+269+2.8%AddedHistory
CRWDCrowdStrike Holdings, Inc.Stock5,825$2.73M0.1%+131+2.3%AddedHistory
WMBWilliams Companies, Inc.COM45,724$2.75M0.1%+3,224+7.6%AddedHistory
ADBEAdobe Inc.Stock7,875$2.76M0.1%+820+11.6%AddedHistory
Schwab US Aggregate Bond ETF808524839ETF118,072$2.76M0.1%+6,864+6.2%Added–
Simplify Exchange Traded Fun82889N699MANAGED FUTURES101,546$2.77M0.1%−22,918−18.4%Reduced–
iShares Tr464288687PFD AND INCM SEC89,979$2.79M0.1%+227+0.3%Added–
Innovator ETFs Trust45783Y855DEFINED WLT SHLD83,846$2.81M0.1%+57,545+218.8%Added–
Northern Lights FD Tr66538J720TOEWS AGILTY SHS76,360$2.81M0.1%+24,379+46.9%Added–
Innovator ETFs Trust45782C508US EQTY PWR BUF60,583$2.85M0.1%+8,839+17.1%Added–
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF61,790$2.90M0.1%−9,683−13.5%Reduced–
Franklin Templeton ETF Tr35473P108INTL COR DIV TIL74,457$2.90M0.1%+1,724+2.4%Added–
NEENextera Energy IncStock36,100$2.90M0.1%−1,046−2.8%ReducedHistory
J P Morgan Exchange Traded F46654Q740GLOBAL SEL EQUIT43,047$2.91M0.1%+9,266+27.4%Added–
TMOThermo Fisher Scientific Inc.Stock5,038$2.92M0.1%−582−10.4%ReducedHistory
JPMorgan Ultra-Short Income ETF46641Q837ETF58,362$2.95M0.1%+38,015+186.8%Added–
Vanguard Morningstar Mid-Cap ETF922908629ETF10,265$2.98M0.1%+858+9.1%Added–
TSMTaiwan Semiconductor Manufacturing Co LtdADR9,805$2.98M0.1%+159+1.6%AddedHistory
BRK.ABerkshire Hathaway IncCL A4$3.02M0.1%00.0%UnchangedHistory
DGDollar General CorpCOM22,854$3.03M0.1%+13,754+151.1%AddedHistory
PIMCO ETF Tr72201R718ENHNCD LW DUR AC31,631$3.03M0.1%+1,371+4.5%Added–
Vanguard Scottsdale FDS92206C573TOTAL CORP BND39,284$3.05M0.1%+4,227+12.1%Added–
First Tr Exchng Traded FD VI33740U208FT VEST US EQT55,319$3.09M0.1%−654−1.2%Reduced–
KMIKinder Morgan, Inc.Stock112,589$3.10M0.1%+12,345+12.3%AddedHistory
Vanguard Whitehall FDS921946810INTL DVD ETF33,884$3.10M0.1%−681−2.0%Reduced–
iShares Tr464287630RUS 2000 VAL ETF17,134$3.10M0.1%+153+0.9%Added–
Vanguard Long-Term Treasury ETF92206C847ETF55,649$3.11M0.1%+9,630+20.9%Added–
First Tr Exchng Traded FD VI33740F862FT VEST US EQT59,176$3.13M0.1%+85+0.1%Added–
ABTAbbott LaboratoriesStock25,076$3.14M0.1%+996+4.1%AddedHistory
DOWDow Inc.Stock134,693$3.15M0.1%+26,186+24.1%AddedHistory
American Centy ETF Tr025072885US EQT ETF28,387$3.17M0.1%+1,193+4.4%Added–
Dimensional ETF Trust25434V625US COR EQU 1 ETF43,340$3.19M0.1%−5,758−11.7%Reduced–
American Centy ETF Tr025072877US SML CP VALU31,491$3.21M0.1%+310+1.0%Added–
State Street Consumer Discretionary Select Sector SPDR ETF81369Y407ETF26,911$3.21M0.1%−6,947−20.5%ReducedConverted for a 2-for-1 split–
ANETArista Networks, Inc.Stock24,640$3.23M0.1%−3,503−12.4%ReducedHistory
iShares Russell 2000 Growth ETF464287648ETF10,005$3.23M0.1%+162+1.6%Added–
American Centy ETF Tr025072802INTL SMCP VLU34,572$3.25M0.1%+1,883+5.8%Added–
VanEck ETF Trust92189F601URANI NUCLE ETF26,746$3.32M0.1%−18,696−41.1%Reduced–
Vanguard World FD921910840MEGA CAP VAL ETF23,743$3.35M0.1%+4,557+23.8%Added–
First Tr Exchng Traded FD VI33740F664FT VEST US EQT68,663$3.36M0.1%+59,106+618.5%Added–
TAT&T Inc.Stock135,748$3.37M0.1%−6,472−4.6%ReducedHistory
Vanguard Scottsdale FDS92206C706INTER TERM TREAS56,302$3.37M0.1%+4,696+9.1%Added–
iShares Tr46429B291A RATE CP BD ETF70,684$3.40M0.1%−41,678−37.1%Reduced–
iShares Tr464289479CORE LT USDB ETF68,423$3.40M0.1%+2,309+3.5%Added–
Ssga Active ETF Tr78467V848ST STR TOTAL ETF84,607$3.41M0.1%+3,229+4.0%Added–
J P Morgan Exchange Traded F46641Q134INTRNL RES EQT45,694$3.42M0.1%−2,304−4.8%Reduced–
First Tr Exchng Traded FD VI33740F847FT VEST US EQT62,634$3.43M0.1%+55,958+838.2%Added–
VICIVici Properties Inc.COM122,171$3.44M0.1%+13,535+12.5%AddedHistory
Schwab Fundamental International Equity ETF808524755ETF76,766$3.47M0.1%−3,695−4.6%Reduced–
Vanguard Star FDS921909768VG TL INTL STK F46,061$3.47M0.1%+2,667+6.1%Added–
PAYXPaychex IncStock30,980$3.48M0.1%+5,862+23.3%AddedHistory
Capital Group Dividend Value14020W106SHS CREAT UNIT79,910$3.49M0.1%+63,636+391.0%Added–
Innovator U.S. Equity Power Buffer ETF - October45782C797ETF79,474$3.49M0.1%−12,844−13.9%Reduced–
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF45,047$3.50M0.1%+3,059+7.3%Added–
CRMSalesforce, Inc.Stock13,350$3.54M0.1%+1,168+9.6%AddedHistory
PHYSSprott Physical Gold TrustPHYSICAL GOLD TR107,813$3.56M0.1%−15,330−12.4%ReducedHistory
MMM3M CoStock22,353$3.58M0.1%+1,685+8.2%AddedHistory
iShares Tr46435G524INTL DIV GRWTH43,562$3.61M0.1%−7,901−15.4%Reduced–
Innovator ETFs Trust45783Y814LADERD ALCTN PWR72,623$3.62M0.1%−877−1.2%Reduced–
Invesco Exch Traded FD Tr II46138E354S&P500 LOW VOL50,851$3.63M0.1%+21,408+72.7%Added–
iShares Tr464289446RUS TOP 200 ETF21,585$3.68M0.1%+2,717+14.4%Added–
First Tr Exchange-Traded FD33739Q408FIRST TR ENH NEW62,002$3.72M0.1%−602−1.0%Reduced–
First Tr Exchng Traded FD VI33740U505FT VEST UQ EQT72,983$3.74M0.1%+8,096+12.5%Added–
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF33,923$3.74M0.1%+3,498+11.5%Added–
LRCXLam Research CorpStock21,972$3.76M0.1%+1,662+8.2%AddedHistory
GILDGilead Sciences, Inc.Stock30,670$3.76M0.1%+766+2.6%AddedHistory
First Tr Exchng Traded FD VI33740U307FT VEST US EQT73,219$3.78M0.1%+6,318+9.4%Added–
J P Morgan Exchange Traded F46641Q670CORE PLUS BD ETF79,792$3.78M0.1%+13,126+19.7%Added–
iShares Tr4642886613 7 YR TREAS BD31,994$3.82M0.1%+6,226+24.2%Added–
ORealty Income CorpREIT67,881$3.83M0.1%+4,996+7.9%AddedHistory
Invesco Exchange Traded FD T46137V506DIVID ACHIEVEV74,485$3.84M0.1%+1,460+2.0%Added–
iShares Tr46435G425ESG AWR MSCI USA25,921$3.86M0.1%+513+2.0%Added–
Global X FDS37954Y475S&P 500 COVERED95,663$3.89M0.1%+2,757+3.0%Added–
First Tr Exchng Traded FD VI33740F490MULTI STRATEGY170,737$3.89M0.1%+1,986+1.2%Added–
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF38,801$3.89M0.1%+2,185+6.0%Added–
MCDMcDonalds CorpStock12,764$3.90M0.1%+173+1.4%AddedHistory
KOCoca Cola CoStock56,272$3.93M0.1%+2,777+5.2%AddedHistory
iShares Tr464287721U.S. TECH ETF19,888$3.97M0.1%+2,148+12.1%Added–
iShares Tr46429B7470-5 YR TIPS ETF38,812$3.97M0.1%−51,086−56.8%Reduced–
iShares Tr464288885EAFE GRWTH ETF34,888$3.97M0.1%+89+0.3%Added–
PANWPalo Alto Networks IncStock21,720$4.00M0.1%−1,384−6.0%ReducedHistory
State Street Financial Select Sector SPDR ETF81369Y605ETF73,642$4.03M0.1%+7,717+11.7%Added–
CSCOCisco Systems, Inc.Stock53,085$4.09M0.1%+3,404+6.9%AddedHistory
AXONAxon Enterprise, Inc.COM7,206$4.09M0.1%+194+2.8%AddedHistory
SPDR Series Trust78464A664ST LON TREAS ETF155,307$4.11M0.1%+41,434+36.4%Added–
First Tr Exch Traded FD III33739P103LNG/SHT EQUITY58,301$4.14M0.1%−576−1.0%Reduced–
Global X FDS37954Y483NASDAQ 100 COVER235,444$4.16M0.1%+55,074+30.5%Added–
Global X FDS37954Y574ADAPTIVE US89,951$4.17M0.1%+71,280+381.8%Added–
Vanguard Morningstar Small-Cap Value ETF922908611ETF19,703$4.17M0.1%+234+1.2%Added–
iShares Tr46435U796SYSTEMATIC BD ET46,721$4.19M0.1%+46,721New–
iShares Tr46435G102CONV BD ETF42,610$4.20M0.1%+3,802+9.8%Added–
iShares Core MSCI Emerging Markets ETF46434G103ETF62,623$4.21M0.1%+274+0.4%Added–
WisdomTree Tr97717Y527FLOATNG RAT TREA83,870$4.22M0.1%+12,936+18.2%Added–
ACNAccenture plcStock15,766$4.23M0.1%+5,616+55.3%AddedHistory
UNPUnion Pacific CorpStock18,308$4.24M0.1%+818+4.7%AddedHistory
First Tr Exchng Traded FD VI33740F805SMITH OPPORT FXD97,585$4.32M0.1%−2,001−2.0%Reduced–
Invesco Exch Traded FD Tr II46138E362S&P500 HDL VOL91,054$4.37M0.1%−2,513−2.7%Reduced–
Vanguard Total Bond Market ETF921937835ETF59,388$4.40M0.1%+15,342+34.8%Added–
SPDR Series Trust78468R812ST STR MSCI USAQ25,608$4.46M0.1%−13,858−35.1%Reduced–
PIMCO ETF Tr72201R569MTG BKD SECS ACT89,934$4.47M0.1%+28,027+45.3%Added–

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%–