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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
iShares MSCI USA Momentum Factor ETF46432F396ETF5,006$1.25M<0.1%+169+3.5%Added–
Innovator ETFs Trust45782C466GRWT100 PWR BF22,817$1.25M<0.1%+1,255+5.8%Added–
CHTRCharter Communications, Inc.CL A6,007$1.25M<0.1%+1,354+29.1%AddedHistory
ELANElanco Animal Health IncCOM55,679$1.26M<0.1%+55,679NewHistory
Innovator ETFs Trust45783Y673QUITY MANAGD FLR34,285$1.26M<0.1%+34,285New–
SPDR Index Shs FDS78463X871ST INTL CAP ETF30,979$1.27M<0.1%+2,564+9.0%Added–
GRALGRAIL, Inc.COM14,808$1.27M<0.1%+14,808NewHistory
CLColgate Palmolive CoStock16,087$1.27M<0.1%+1,140+7.6%AddedHistory
Vanguard Mun BD FDS922907746TAX EXEMPT BD25,325$1.27M<0.1%+7,554+42.5%Added–
CHWYChewy, Inc.CL A38,869$1.28M<0.1%+10,602+37.5%AddedHistory
Innovator ETFs Trust45784N643EQUITY DEFND 1YR48,158$1.29M<0.1%−568−1.2%Reduced–
ETF Opportunities Trust26923N231REX OSPREY XRP86,342$1.29M<0.1%+32,708+61.0%Added–
AEPAmerican Electric Power Co IncStock11,230$1.29M<0.1%+38+0.3%AddedHistory
GLWCorning IncCOM14,885$1.30M<0.1%+1,796+13.7%AddedHistory
iShares Russell 1000 Value ETF464287598ETF6,208$1.31M<0.1%+1,075+20.9%Added–
DASHDoorDash, Inc.Stock5,768$1.31M<0.1%+3,185+123.3%AddedHistory
Amplify ETF Tr032108847CEF HIGH INCOME113,549$1.31M<0.1%+19,524+20.8%Added–
SPDR Series Trust78468R622ST BLOO HIGH ETF13,478$1.31M<0.1%−8,304−38.1%Reduced–
iShares Russell Midcap ETF464287499ETF13,634$1.31M<0.1%+4,274+45.7%Added–
First Tr Exchange Traded FD33738R704RBA INDL ETF13,397$1.32M<0.1%+219+1.7%Added–
MMSIMerit Medical Systems IncCOM14,960$1.32M<0.1%+1,268+9.3%AddedHistory
Dimensional ETF Trust25434V856INFLATION PROTE31,752$1.32M<0.1%+7,713+32.1%Added–
THCTenet Healthcare CorpCOM NEW6,671$1.33M<0.1%+292+4.6%AddedHistory
Vanguard Financials ETF92204A405ETF9,966$1.33M<0.1%+106+1.1%Added–
HRLHormel Foods CorpCOM56,254$1.33M<0.1%+2,771+5.2%AddedHistory
CSXCSX CorpStock36,799$1.33M<0.1%−5,705−13.4%ReducedHistory
Schwab Strategic Tr8085246985 10YR CORP BD58,341$1.34M<0.1%+4,837+9.0%Added–
iShares Tr464288448INTL SEL DIV ETF34,119$1.35M<0.1%+1,403+4.3%Added–
IBKRInteractive Brokers Group, Inc.Stock21,011$1.35M<0.1%+21,011NewHistory
First Tr Exchng Traded FD VI33740U737FT VEST US EQT32,545$1.35M<0.1%00.0%Unchanged–
Simplify Exchange Traded Fun82889N368CURRE STRAT ETF49,724$1.35M<0.1%+140+0.3%Added–
MDTMedtronic plcStock14,108$1.36M<0.1%+283+2.0%AddedHistory
State Street Materials Select Sector SPDR ETF81369Y100ETF30,073$1.36M<0.1%+1,069+3.7%AddedConverted for a 2-for-1 split–
NBIXNeurocrine Biosciences IncStock9,627$1.37M<0.1%+1,812+23.2%AddedHistory
DISWalt Disney CoStock12,144$1.38M<0.1%−5,962−32.9%ReducedHistory
VanEck ETF Trust92189H300JP MRGAN EM LOC53,549$1.38M<0.1%+53,549New–
VanEck ETF Trust92189H409HIGH YLD MUNIETF27,537$1.41M<0.1%+5,372+24.2%Added–
Innovator ETFs Trust45782C383US EQTY PWR BUF31,351$1.41M<0.1%−60.0%Reduced–
SPDR Series Trust78464A805ST STR PR SP150017,124$1.41M<0.1%−9,167−34.9%Reduced–
FNFabrinetSHS3,110$1.42M<0.1%−203−6.1%ReducedHistory
iShares Tr464288513IBOXX HI YD ETF17,563$1.42M<0.1%+8,026+84.2%Added–
Global X FDS37954Y657US PFD ETF75,016$1.42M<0.1%+6,748+9.9%Added–
Global X FDS37954Y459RUSSELL 200092,810$1.42M<0.1%−13,259−12.5%Reduced–
RLRalph Lauren CorpCL A4,022$1.42M<0.1%+102+2.6%AddedHistory
iShares Tips Bond ETF464287176ETF12,998$1.43M<0.1%+2,205+20.4%Added–
Innovator ETFs Trust45782C680US EQTY PWR BF33,214$1.44M<0.1%−49−0.1%Reduced–
WisdomTree Tr97717Y477US QUALITY GROW24,514$1.44M<0.1%+6,841+38.7%Added–
Dimensional Emerging Core Equity Market ETF25434V302ETF44,210$1.44M<0.1%−31,636−41.7%Reduced–
ITWIllinois Tool Works IncStock5,859$1.44M<0.1%+283+5.1%AddedHistory
CARRCarrier Global CorpStock27,404$1.45M<0.1%+5,002+22.3%AddedHistory
Northern LTS FD Tr IV66538H179MAIN BUYWRITE101,271$1.45M<0.1%+8,915+9.7%Added–
NETCloudflare, Inc.CL A COM7,362$1.45M<0.1%−1,419−16.2%ReducedHistory
YUMYum Brands IncStock9,618$1.46M<0.1%+221+2.4%AddedHistory
PINSPinterest, Inc.CL A56,560$1.46M<0.1%+21,392+60.8%AddedHistory
OKLOOklo Inc.COM CL A20,446$1.47M<0.1%+4,048+24.7%AddedHistory
Dimensional ETF Trust25434V815US SMALL CAP ETF44,625$1.47M<0.1%−210−0.5%Reduced–
WisdomTree Tr97717W547US VALUE FD15,749$1.47M<0.1%+5,282+50.5%Added–
PIMCO ETF Tr72201R635MUNI INCOME OPP32,458$1.47M<0.1%+6,032+22.8%Added–
Ea Series Trust02072L680STRIVE 500 ETF33,379$1.47M<0.1%+8,442+33.9%Added–
DUKDuke Energy CORPStock12,574$1.47M<0.1%−419−3.2%ReducedHistory
First Tr Exchng Traded FD VI33740F474FT VEST US EQT37,001$1.48M<0.1%−11,582−23.8%Reduced–
CLSCelestica IncStock5,021$1.48M<0.1%−1,864−27.1%ReducedHistory
Vanguard Scottsdale FDS92206C680VNG RUS1000GRW12,194$1.48M<0.1%+519+4.4%Added–
URIUnited Rentals, Inc.COM1,834$1.48M<0.1%−76−4.0%ReducedHistory
OKEONEOK IncCOM20,460$1.50M<0.1%+113+0.6%AddedHistory
ZMZoom Communications, Inc.Stock17,462$1.51M<0.1%+1,016+6.2%AddedHistory
ODFLOld Dominion Freight Line, Inc.COM9,683$1.52M<0.1%+2,025+26.4%AddedHistory
BLKBlackRock, Inc.Stock1,421$1.52M<0.1%+26+1.9%AddedHistory
UTHRUnited Therapeutics CorpCOM3,141$1.53M<0.1%+3,141NewHistory
QCOMQualcomm IncStock8,979$1.54M<0.1%−204−2.2%ReducedHistory
Simplify Exchange Traded Fun82889N723AGGREGATE BD ETF74,229$1.54M<0.1%−25,897−25.9%Reduced–
BlackRock ETF Trust09290C509ISHA US AWAR ETF20,787$1.54M<0.1%+141+0.7%Added–
iShares Inc46434G863ESG AWR MSCI EM34,881$1.54M<0.1%+5,077+17.0%Added–
Simplify Exchange Traded Fun82889N566COMM ST NO K ETF52,131$1.55M<0.1%+3,404+7.0%Added–
First Tr Exchange Trad FD VI33740Y101ALT ABSLT STRG57,134$1.55M<0.1%+5,437+10.5%Added–
RCLRoyal Caribbean Cruises LtdCOM5,557$1.55M<0.1%−86−1.5%ReducedHistory
EMEEMCOR Group, Inc.Stock2,548$1.56M<0.1%+81+3.3%AddedHistory
CDNSCadence Design Systems IncStock5,006$1.56M<0.1%−97−1.9%ReducedHistory
VRTVertiv Holdings CoCOM CL A9,790$1.59M<0.1%−856−8.0%ReducedHistory
DECKDeckers Outdoor CorpCOM15,519$1.61M<0.1%+6,282+68.0%AddedHistory
INTCIntel CorpStock43,826$1.62M<0.1%−5,111−10.4%ReducedHistory
Global X FDS37960A4381 3 MO T BI ET16,282$1.63M<0.1%−67−0.4%Reduced–
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847ETF28,170$1.63M<0.1%+1,656+6.2%Added–
CMCSAComcast CorpStock54,750$1.64M<0.1%+7,464+15.8%AddedHistory
First Tr Exchng Traded FD VI33740F458FT VEST US EQT41,175$1.65M<0.1%−1,315−3.1%Reduced–
GLDICredit Suisse AGX LINK GOLD SHS9,494$1.65M<0.1%+1,127+13.5%AddedHistory
iShares Select Dividend ETF464287168ETF11,747$1.66M<0.1%+1,124+10.6%Added–
HOODRobinhood Markets, Inc.Stock14,710$1.66M<0.1%+1,840+14.3%AddedHistory
BABoeing CoStock7,663$1.66M<0.1%−343−4.3%ReducedHistory
BMYBristol Myers Squibb CoStock30,862$1.66M<0.1%−3,018−8.9%ReducedHistory
EXELExelixis, Inc.COM38,051$1.67M<0.1%+5,949+18.5%AddedHistory
Innovator ETFs Trust45782C318US EQTY PWR BUF42,184$1.67M<0.1%−2,734−6.1%Reduced–
Northern LTS FD Tr IV66538H278MAIN THEMATC IN66,933$1.67M<0.1%−5,686−7.8%Reduced–
TJXTJX Companies IncStock10,976$1.69M<0.1%−400−3.5%ReducedHistory
First Tr Exchange-Traded FD33739G103MNGD FUTRS STRGY35,883$1.69M<0.1%+3,314+10.2%Added–
LMTLockheed Martin CorpStock3,498$1.69M<0.1%+150+4.5%AddedHistory
HONHoneywell International IncCOM8,676$1.69M<0.1%+480+5.9%AddedHistory
MCOMoodys CorpStock3,317$1.69M<0.1%−131−3.8%ReducedHistory
Innovator ETFs Trust45782C417US EQTY PWR BUF41,682$1.70M<0.1%−62−0.1%Reduced–
Ea Series Trust02072L607FREEDOM 100 EM33,218$1.70M<0.1%+33,218New–

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%–