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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
VanEck ETF Trust92189F437FALLEN ANGEL HG7,722$226.8K<0.1%−1,690−18.0%Reduced–
ETGEaton Vance Tax-Advantaged Global Dividend Income FundCOM9,852$227.6K<0.1%−628−6.0%ReducedHistory
Direxion Shs ETF Tr25460G286TSLA BULL 1.5X11,916$227.7K<0.1%−20,943−63.7%Reduced–
WisdomTree Tr97717X669US QTLY DIV GRT2,562$229.1K<0.1%+2,562New–
CHRWC. H. Robinson Worldwide, Inc.COM NEW1,433$230.4K<0.1%−104−6.8%ReducedHistory
NGLNGL Energy Partners LPCOM UNIT REPST23,087$230.9K<0.1%−484−2.1%ReducedHistory
PNRPENTAIR plcSHS2,218$230.9K<0.1%+2,218NewHistory
iShares Core High Dividend ETF46429B663ETF1,906$231.8K<0.1%−466−19.6%Reduced–
New Gold Inc Cda644535106COM26,749$233.0K<0.1%+11,268+72.8%Added–
First Tr Exchange-Traded FD33738D101NO AMER ENERGY6,153$233.0K<0.1%+6,153New–
Innovator ETFs Trust45784N742EQUI DEFI 1 MARC8,480$233.2K<0.1%−21−0.2%Reduced–
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD8,578$233.3K<0.1%−190−2.2%Reduced–
First Tr Exchng Traded FD VI33740F839FT VEST US EQT4,804$234.6K<0.1%+74+1.6%Added–
Invesco Exch Traded FD Tr II46138E172S&P SMLCP STAP7,560$235.0K<0.1%00.0%Unchanged–
iShares Core S&P US Value ETF464287663ETF2,313$237.2K<0.1%+183+8.6%Added–
LENLennar CorpCL A2,311$237.6K<0.1%−2,099−47.6%ReducedHistory
LYGLloyds Banking Group plcSPONSORED ADR44,928$238.1K<0.1%+10,136+29.1%AddedHistory
OKTAOkta, Inc.CL A2,755$238.2K<0.1%−113−3.9%ReducedHistory
iShares Tr464287556ISHARES BIOTECH1,413$238.5K<0.1%−427−23.2%Reduced–
NTRSNorthern Trust CorpCOM1,746$238.5K<0.1%−1,285−42.4%ReducedHistory
Schwab Emerging Markets Equity ETF808524706ETF7,303$239.2K<0.1%+1,026+16.3%Added–
PYPLPayPal Holdings, Inc.Stock4,141$241.7K<0.1%−789−16.0%ReducedHistory
Invesco Exch Traded FD Tr II46138G557ALERIAN GLXY CRY13,633$241.9K<0.1%+2,210+19.3%Added–
RGLDRoyal Gold IncStock1,090$242.3K<0.1%+1,090NewHistory
Vanguard Scottsdale FDS92206C813LG-TERM COR BD3,203$243.0K<0.1%−496−13.4%Reduced–
TWLOTwilio IncCL A1,718$244.4K<0.1%+1,718NewHistory
Simplify Exchange Traded Fun82889N798RISK PARITY TREA18,110$244.5K<0.1%−5,476−23.2%Reduced–
Unified Ser Tr90470L444ONEASCENT INTL5,964$246.8K<0.1%−208,024−97.2%Reduced–
CRWVCoreWeave, Inc.Stock3,461$247.8K<0.1%+1,973+132.6%AddedHistory
Invesco Actvely MNGD Etc FD46090F100OPTIMUM YIELD18,770$248.7K<0.1%−141,295−88.3%Reduced–
GPNGlobal Payments IncStock3,216$248.9K<0.1%−1,077−25.1%ReducedHistory
SPDR Series Trust78468R606ST PORT HIGH ETF10,535$249.4K<0.1%−4,803−31.3%Reduced–
Invesco Exchange Traded FD T46137V456S&P MDCP VLU MNT3,898$250.1K<0.1%+3,898New–
EXGEaton Vance Tax-Managed Global Diversified Equity Income FundCOM26,250$250.2K<0.1%−1,750−6.3%ReducedHistory
iShares Tr464287192US TRSPRTION3,360$250.4K<0.1%+3,360New–
OMCOmnicom Group Inc.COM3,101$250.4K<0.1%+3,101NewHistory
Goldman Sachs ETF Tr381430503ACTIVEBETA US LG1,901$251.6K<0.1%−157−7.6%Reduced–
DTEDte Energy CoCOM1,955$252.1K<0.1%+164+9.2%AddedHistory
INSMINSMED IncCOM PAR $.011,450$252.4K<0.1%+1,450NewHistory
iShares Inc464286509MSCI CDA ETF4,691$253.0K<0.1%+3+0.1%Added–
SPDR Index Shs FDS78463X400SP CHINA ETF2,617$253.4K<0.1%+447+20.6%Added–
Simplify Exchange Traded Fun82889N459GAMMA EMERGING9,533$253.8K<0.1%+9,533New–
AYIAcuity Inc. (DE)Stock709$255.3K<0.1%−1−0.1%ReducedHistory
STLDSteel Dynamics IncCOM1,507$255.3K<0.1%−8−0.5%ReducedHistory
Global X FDS37960A859DOW 30 CO CA ETF11,614$255.5K<0.1%−1,636−12.3%Reduced–
OTISOtis Worldwide CorpStock2,931$256.0K<0.1%−147−4.8%ReducedHistory
TPLTexas Pacific Land CorpStock895$256.9K<0.1%−20−2.2%ReducedConverted for a 3-for-1 splitHistory
Exchange Traded Concepts Tru301505475RANG NUCL RE ETF4,047$257.0K<0.1%+203+5.3%Added–
Amplify ETF Tr032108698CASH FLOW DIVID7,725$257.0K<0.1%+7,725New–
KBDCKayne Anderson BDC, Inc.COM SHS17,950$257.0K<0.1%00.0%UnchangedHistory
State Street SPDR Portfolio Long Term Corporate Bond ETF78464A367ETF11,386$257.1K<0.1%+11,386New–
First Tr Exchng Traded FD VI33740F649FT VEST NAS7,907$257.2K<0.1%00.0%Unchanged–
Vanguard Industrials ETF92204A603ETF864$257.7K<0.1%+76+9.6%Added–
Fidelity Comwlth Tr315912808NASDAQ COMPSIT2,822$258.0K<0.1%+5+0.2%Added–
T Rowe Price Exchange-Traded87283Q867CAP APPRECIATION6,750$258.0K<0.1%+6,750New–
LAMRLamar Advertising CoREIT2,039$258.1K<0.1%−7−0.3%ReducedHistory
Sprott ETF Trust85210B102GOLD MINERS ETF3,707$258.1K<0.1%−1,799−32.7%Reduced–
ACHRArcher Aviation Inc.Stock34,393$258.6K<0.1%+9,495+38.1%AddedHistory
PEGAPegasystems IncCOM4,361$260.4K<0.1%+101+2.4%AddedHistory
First Tr Exchange-Traded FD33739Q705FT VEST S&P 5005,306$260.8K<0.1%+246+4.9%Added–
Invesco Exch Traded FD Tr II46138E842DORSEY WRGT SMLC2,706$261.8K<0.1%+2,706New–
ADMArcher-Daniels-Midland CoStock4,560$262.2K<0.1%+4,560NewHistory
Global X FDS37954Y848GLOBAL X SILVER3,150$263.1K<0.1%−1,158−26.9%Reduced–
First Tr Exchng Traded FD VI33740F318FT VEST US EQT E7,143$263.1K<0.1%−15,196−68.0%Reduced–
Aim ETF Products Trust00888H505ALLIA US OCT ETF6,759$263.6K<0.1%+6,759New–
FCFSFirstCash Holdings, Inc.COM1,660$264.6K<0.1%+1,660NewHistory
Innovator ETFs Trust45784N841GROWTH 100 PWR B9,589$266.0K<0.1%−2,419−20.1%Reduced–
SPDR Series Trust78464A789ST STR SP INS4,430$266.5K<0.1%+166+3.9%Added–
HTGCHercules Capital, Inc.COM14,175$266.8K<0.1%+40+0.3%AddedHistory
Innovator ETFs Trust45784N106EQUITY DEFINED P9,970$267.0K<0.1%−59−0.6%Reduced–
Vanguard Mun BD FDS922907738INTERMEDIATE TRM2,649$267.1K<0.1%+2,649New–
Fidelity Covington Trust316092113ENHANCED LARGE6,998$267.1K<0.1%+15+0.2%Added–
KKRKKR & Co. Inc.COM2,105$268.4K<0.1%−185−8.1%ReducedHistory
EWEdwards Lifesciences CorpStock3,156$269.0K<0.1%−93−2.9%ReducedHistory
AERAerCap Holdings N.V.SHS1,873$269.3K<0.1%+103+5.8%AddedHistory
Innovator ETFs Trust45784N858EQUITY DEFINED P10,472$269.5K<0.1%+10,472New–
WPMWheaton Precious Metals Corp.COM2,294$269.6K<0.1%−1,823−44.3%ReducedHistory
Fidelity Covington Trust316092782VLU FACTOR ETF3,755$271.4K<0.1%+3,755New–
NVONovo Nordisk A SADR5,358$272.6K<0.1%−955−15.1%ReducedHistory
NINisource Inc.COM6,528$272.6K<0.1%−1,150−15.0%ReducedHistory
PECOPhillips Edison & Company, Inc.COMMON STOCK7,667$272.7K<0.1%00.0%UnchangedHistory
CPRTCopart IncCOM6,983$273.4K<0.1%+168+2.5%AddedHistory
RNSTRenasant CorpCOM7,800$274.7K<0.1%00.0%UnchangedHistory
Invesco Exch Traded FD Tr II46138E107EQUAL WEGT 0-3010,000$275.5K<0.1%00.0%Unchanged–
FTHYFirst Trust High Yield Opportunities 2027 Term FundCOM19,600$275.8K<0.1%+1,300+7.1%AddedHistory
BUSEFirst Busey CorpCOM NEW11,681$277.9K<0.1%00.0%UnchangedHistory
AFRMAffirm Holdings, Inc.COM CL A3,768$280.5K<0.1%−2,588−40.7%ReducedHistory
SSRMSSR Mining Inc.Stock12,833$281.4K<0.1%+543+4.4%AddedHistory
iShares Tr46436E759ESG EAFE ETF3,749$281.8K<0.1%+15+0.4%Added–
SPDR Index Shs FDS78463X103PORTFLO EURP ETF5,407$281.9K<0.1%+78+1.5%Added–
ETHEGrayscale Ethereum Staking ETFETF11,572$282.0K<0.1%+11,572NewHistory
ESEversource EnergyStock4,189$282.1K<0.1%−103−2.4%ReducedHistory
T Rowe Price Exchange-Traded87283Q826SMALL MID CAP7,857$282.1K<0.1%−346−4.2%Reduced–
VMIValmont Industries IncCOM702$282.2K<0.1%+9+1.3%AddedHistory
Invesco Actively Managed Exc46090A804TOTAL RETURN5,953$282.3K<0.1%+146+2.5%Added–
American Centy ETF Tr025072372EMERGING MKT VAL4,849$282.7K<0.1%+127+2.7%Added–
FTNTFortinet, Inc.Stock3,565$283.1K<0.1%−3,744−51.2%ReducedHistory
CFGCitizens Financial Group IncCOM4,849$283.2K<0.1%+981+25.4%AddedHistory
J P Morgan Exchange Traded F46641Q241BETABUILDERS US6,111$283.7K<0.1%−487−7.4%Reduced–
ETWEaton Vance Tax-Managed Global Buy-Write Opportunities FundCOM30,783$283.8K<0.1%−9,200−23.0%ReducedHistory

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%–