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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
J P Morgan Exchange Traded F46641Q324INTERNL GWT9,618$705.4K<0.1%−162−1.7%Reduced–
SPDR Series Trust78468R200ST STR RATE ETF22,964$705.7K<0.1%+22,964New–
iShares Tr464288117INTL TREA BD ETF16,960$706.6K<0.1%−445−2.6%Reduced–
PWRQuanta Services, Inc.COM1,683$710.3K<0.1%−93−5.2%ReducedHistory
New York Life Investments Et45409B107HEDGE MULTI STRA21,228$711.3K<0.1%+373+1.8%Added–
EODAllspring Global Dividend Opportunity FundCOM122,546$714.4K<0.1%+122,546NewHistory
iShares Tr464288604MRGSTR SM CP GR12,939$717.6K<0.1%−123−0.9%Reduced–
iShares Tr4642874571 3 YR TREAS BD8,692$719.8K<0.1%+967+12.5%Added–
ARK Innovation ETF00214Q104ETF9,422$724.7K<0.1%+9+0.1%Added–
iShares Tr464287762US HLTHCARE ETF11,187$728.3K<0.1%+5,697+103.8%Added–
Listed FDS Tr53656F599SWAN HEDGED EQTY29,104$733.7K<0.1%−1,345−4.4%Reduced–
RACEFerrari N.V.COM2,007$741.7K<0.1%−68−3.3%ReducedHistory
FUTUFutu Holdings LtdSPON ADS CL A4,550$747.2K<0.1%−2,470−35.2%ReducedHistory
SPXCSPX Technologies, Inc.COM3,740$748.2K<0.1%−338−8.3%ReducedHistory
RDDTReddit, Inc.Stock3,257$748.7K<0.1%+1,880+136.5%AddedHistory
Innovator ETFs Trust45783Y160NASD 100 10 BUFF25,657$752.1K<0.1%+25,657New–
Invesco Exch TRD SLF Idx FD46138J619RUSL 1000 DYNM12,359$755.5K<0.1%−1,815−12.8%Reduced–
Global X FDS37954Y392VDEO GAM ESPRT25,439$757.0K<0.1%−18,227−41.7%Reduced–
First Trust Nasdaq-100 Technology Sector Index Fund337345102ETF3,319$764.1K<0.1%−87−2.6%Reduced–
iShares Tr464287788U.S. FINLS ETF5,932$764.9K<0.1%+1,705+40.3%Added–
Goldman Sachs ETF Tr381430602ACTIVEBETA US10,138$766.7K<0.1%−1,193−10.5%Reduced–
ProShares Tr74347G184SHORT BITCOIN ET33,116$767.3K<0.1%+33,116New–
VLOValero Energy CorpStock4,717$767.9K<0.1%−1,195−20.2%ReducedHistory
Janus Detroit STR Tr47103U886HENDRSN SHRT ETF15,633$768.2K<0.1%+15,633New–
Innovator ETFs Trust45784N726EQUI DEFI 1 APRI29,926$771.5K<0.1%−1,492−4.7%Reduced–
First Tr Exchng Traded FD VI33740F599FT VEST US EQT16,306$774.0K<0.1%+34+0.2%Added–
BCSBarclays PLCADR30,528$776.9K<0.1%+30,528NewHistory
Vanguard S&P 500 Growth ETF921932505ETF1,756$780.7K<0.1%+474+37.0%Added–
Dimensional ETF Trust25434V732EMERGING MKTS CO23,630$781.7K<0.1%−3,359−12.4%Reduced–
PIMCO ETF Tr72201R403BROAD US TIPS14,929$781.8K<0.1%+807+5.7%Added–
Vanguard Morningstar Mid-Cap Value ETF922908512ETF4,417$783.4K<0.1%+1,077+32.2%Added–
FCXFreeport-McMoran IncStock15,435$783.9K<0.1%−264−1.7%ReducedHistory
JBLJabil IncStock3,451$787.0K<0.1%−5,501−61.4%ReducedHistory
Invesco Exch Traded FD Tr II46138E628KBW BK ETF9,358$788.8K<0.1%−180−1.9%Reduced–
WisdomTree Tr97717X263DYNAMIC INTL EQT18,358$799.3K<0.1%+18,358New–
METMetlife IncStock10,156$801.8K<0.1%+135+1.3%AddedHistory
First Tr Exchng Traded FD VI33740F425FT VEST U.S20,606$805.4K<0.1%00.0%Unchanged–
FDXFedEx CorpStock2,791$806.2K<0.1%+53+1.9%AddedHistory
BITBBitwise Bitcoin ETFSHS BEN INT16,986$807.9K<0.1%−21,744−56.1%ReducedHistory
SPDR Series Trust78464A144ST STR CORPO ETF27,628$810.6K<0.1%+510+1.9%Added–
Invesco Exchange Traded FD T46137V498S&P SMLCP MOMENT11,324$815.4K<0.1%+341+3.1%Added–
MRSHMarsh & McLennan Companies, Inc.Stock4,404$817.1K<0.1%−5,898−57.3%ReducedHistory
PSXPhillips 66Stock6,358$820.5K<0.1%+2,347+58.5%AddedHistory
iShares S&P Mid-Cap 400 Value ETF464287705ETF6,247$822.0K<0.1%+325+5.5%Added–
First Tr Exchng Traded FD VI33740F698FT VEST US EQT17,300$823.0K<0.1%00.0%Unchanged–
First Tr Exchng Traded FD VI33740U752FT VEST NASD ETF23,055$826.3K<0.1%+2,478+12.0%Added–
VanEck ETF Trust92189F411BDC INCOME ETF58,427$828.5K<0.1%−39,421−40.3%Reduced–
Vanguard Scottsdale FDS92206C714VNG RUS1000VAL9,036$834.0K<0.1%+306+3.5%Added–
Columbia ETF Tr II19762B202EM CORE EX ETF22,018$844.6K<0.1%+866+4.1%Added–
PRIMPrimoris Services CorpStock6,834$848.4K<0.1%−771−10.1%ReducedHistory
SPGIS&P Global Inc.Stock1,624$848.9K<0.1%−190−10.5%ReducedHistory
Dimensional ETF Trust25434V575INTL COR FIX ETF16,170$851.1K<0.1%−2,564−13.7%Reduced–
HPQHP IncStock38,218$851.5K<0.1%+5,394+16.4%AddedHistory
Pacer US Large Cap Cash Cows Growth Leaders ETF69374H360ETF24,262$854.3K<0.1%+297+1.2%Added–
HALOHalozyme Therapeutics, Inc.COM12,701$854.8K<0.1%−1,096−7.9%ReducedHistory
CTRACoterra Energy Inc.Stock32,532$856.3K<0.1%−4,194−11.4%ReducedHistory
T Rowe Price Exchange-Traded87283Q107PRICE BLUE CHIP17,275$861.3K<0.1%+17,275New–
SRESempraStock9,767$862.3K<0.1%−2,128−17.9%ReducedHistory
Abrdn ETFs003261104BBRG ALL COMD K144,161$862.5K<0.1%+6,379+16.9%Added–
Innovator ETFs Trust45782C631INTERNATIONAL DV24,757$863.0K<0.1%+24,757New–
First Tr Exchange-Traded FD33734H106SHS18,777$865.3K<0.1%+588+3.2%Added–
WisdomTree Tr97717X560EQUITY PREMIUM26,328$869.4K<0.1%+26,328New–
iShares Semiconductor ETF464287523ETF2,894$871.4K<0.1%+587+25.4%Added–
WDAYWorkday, Inc.CL A4,061$872.2K<0.1%+252+6.6%AddedHistory
First Tr Exchng Traded FD VI33740U653FT VEST US EQT22,243$873.3K<0.1%−30.0%Reduced–
Schwab Intermediate-Term US Treasury ETF808524854ETF34,841$873.8K<0.1%−241,176−87.4%Reduced–
WSOWatsco IncCOM2,594$873.9K<0.1%+5+0.2%AddedHistory
COHRCoherent Corp.COM4,736$874.1K<0.1%+4,736NewHistory
American Centy ETF Tr025072562AVANTIS CORE FI20,893$875.9K<0.1%+909+4.5%Added–
Innovator ETFs Trust45783Y178INTL DVLPD 10 BU30,105$880.0K<0.1%+30,105New–
SJMJ M SMUCKER CoStock9,016$881.9K<0.1%+122+1.4%AddedHistory
Fidelity MSCI Information Technology Index ETF316092808ETF3,925$882.0K<0.1%+18+0.5%Added–
Schwab International Equity ETF808524805ETF36,716$882.7K<0.1%+5,530+17.7%Added–
Vanguard Malvern FDS922020805STRM INFPROIDX17,932$886.9K<0.1%−1,454−7.5%Reduced–
Flexshares Tr33939L662HIG YLD VL ETF21,780$887.2K<0.1%+3,590+19.7%Added–
GBTCGrayscale Bitcoin Trust ETFETF12,998$888.5K<0.1%−3,802−22.6%ReducedHistory
Invesco Exchange Traded FD T46137V431S&P 500 GARP ETF7,816$890.0K<0.1%+1,601+25.8%Added–
Innovator ETFs Trust45783Y780US EQT ACC 9 BFR27,903$892.1K<0.1%−128−0.5%Reduced–
MRVLMarvell Technology, Inc.COM10,502$892.4K<0.1%−1,710−14.0%ReducedHistory
First Tr Exchng Traded FD VI33740F516FT VEST US EQT20,879$893.4K<0.1%00.0%Unchanged–
Global X FDS37954Y632ARTIFICIAL ETF17,752$902.9K<0.1%+3,007+20.4%Added–
First Tr Exchng Traded FD VI33740U596VEST US EQU ENHA24,871$906.4K<0.1%−2,449−9.0%Reduced–
J P Morgan Exchange Traded F46641Q852INTL BD OPP ETF18,632$907.4K<0.1%+178+1.0%Added–
Northern LTS FD Tr IV66538H633INSPIRE CORP BD37,512$907.8K<0.1%−577,506−93.9%Reduced–
First Tr Exchng Traded FD VI33740F482FT VEST U.S EQT22,181$908.1K<0.1%−837−3.6%Reduced–
CFCF Industries Holdings, Inc.COM11,742$908.1K<0.1%+6+0.1%AddedHistory
Defiance Quantum ETF26922A420ETF8,336$914.1K<0.1%+8,336New–
EMNEastman Chemical CoStock14,407$919.6K<0.1%+1,064+8.0%AddedHistory
RSGRepublic Services, Inc.COM4,345$920.8K<0.1%+29+0.7%AddedHistory
Innovator ETFs Trust45784N882EQUITY DEFINED P35,277$924.4K<0.1%+35,277New–
TMUST-Mobile US, Inc.Stock4,557$925.3K<0.1%−837−15.5%ReducedHistory
Fidelity MSCI Utilities Index ETF316092865ETF16,761$925.5K<0.1%−59−0.4%Reduced–
GMGeneral Motors CoCOM11,394$926.6K<0.1%+145+1.3%AddedHistory
First Tr Exchange-Traded FD33738D770STRUCTURED CR IN44,863$933.1K<0.1%+3,991+9.8%Added–
Invesco Exchange Traded FD T46137V787BIOTECHNOLOGY11,384$935.2K<0.1%−532−4.5%Reduced–
Pacer US Cash Cows 100 ETF69374H881ETF15,556$936.0K<0.1%−18,165−53.9%Reduced–
PLDPrologis, Inc.REIT7,413$946.4K<0.1%+395+5.6%AddedHistory
VRTXVertex Pharmaceuticals IncStock2,090$947.5K<0.1%−220−9.5%ReducedHistory
iShares Tr464287234MSCI EMG MKT ETF17,381$950.9K<0.1%−338−1.9%Reduced–
iShares Tr46435U861CORE DIVID ETF17,892$951.0K<0.1%+315+1.8%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%–