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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
Innovator ETFs Trust45782C326US EQTY BUFR MAY7,745$347.1K<0.1%+13+0.2%Added–
Innovator ETFs Trust45783Y251EQUITY DEFINED P11,905$346.0K<0.1%−283−2.3%Reduced–
CEFSprott Physical Gold & Silver TrustPHYSICAL GOLD AN7,527$344.7K<0.1%−4,160−35.6%ReducedHistory
MRPMillrose Properties, Inc.COM CL A11,536$344.6K<0.1%+11,536NewHistory
Aim ETF Products Trust00888H687ALLIANZIM US EQT10,763$343.5K<0.1%+3,663+51.6%Added–
Innovator ETFs Trust45783Y301US EQUITY ACCELE8,872$343.1K<0.1%00.0%Unchanged–
iShares Tr464287861EUROPE ETF4,961$340.3K<0.1%−293−5.6%Reduced–
Innovator ETFs Trust45782C888US EQT BUFR APR7,092$340.3K<0.1%+49+0.7%Added–
BEBloom Energy CorpCOM CL A3,915$340.2K<0.1%+541+16.0%AddedHistory
Goldman Sachs ETF Tr381430206ACTIVEBETA EME8,139$338.7K<0.1%−1,302−13.8%Reduced–
ETHWBitwise Ethereum ETFSHS15,886$337.9K<0.1%+3,442+27.7%AddedHistory
EXCExelon CorpStock7,679$334.7K<0.1%−141−1.8%ReducedHistory
CRKComstock Resources IncCOM14,431$334.5K<0.1%+500+3.6%AddedHistory
TRVTravelers Companies, Inc.Stock1,153$334.5K<0.1%+436+60.8%AddedHistory
State Street SPDR S&P Regional Banking ETF78464A698ETF5,147$333.6K<0.1%+390+8.2%Added–
MNSTMonster Beverage CorpCOM4,321$331.3K<0.1%+4,321NewHistory
Fidelity High Dividend ETF316092840ETF5,843$331.2K<0.1%+619+11.8%Added–
RKLBRocket Lab CorpCOM4,746$331.1K<0.1%+4,746NewHistory
VFCV F CorpStock18,183$328.8K<0.1%+18,183NewHistory
IONQIonQ, Inc.COM7,223$324.1K<0.1%+3,237+81.2%AddedHistory
First Tr Exchng Traded FD VI33740U810FT VEST U.S7,644$324.0K<0.1%00.0%Unchanged–
Pacer Trendpilot 100 ETF69374H303ETF4,108$323.1K<0.1%−13,947−77.2%Reduced–
iShares Tr464289420RUS TP200 VL ETF3,514$322.8K<0.1%+124+3.7%Added–
Litman Gregory FDS Tr53700T827IMGP DBI MAN ETF11,495$322.5K<0.1%−562−4.7%Reduced–
MCHPMicrochip Technology IncStock5,045$321.5K<0.1%−470−8.5%ReducedHistory
HSBCHSBC Holdings PLCSPON ADR NEW4,045$318.2K<0.1%−1,335−24.8%ReducedHistory
ABNBAirbnb, Inc.Stock2,343$318.0K<0.1%−133−5.4%ReducedHistory
OLEDUniversal Display CorpCOM2,715$317.1K<0.1%−24−0.9%ReducedHistory
iShares Tr464287838U.S. BAS MTL ETF2,053$316.0K<0.1%+460+28.9%Added–
Neos ETF Trust78433H675NASDAQ 100 HIGH5,838$314.5K<0.1%+5,838New–
BBarrick Mining CorpStock7,214$314.2K<0.1%+701+10.8%AddedHistory
SMCISuper Micro Computer, Inc.Stock10,731$314.1K<0.1%+1,504+16.3%AddedHistory
DBX ETF Tr233051820XTRACK MSCI ALL7,582$312.6K<0.1%+142+1.9%Added–
First Tr Exchange-Traded FD33735T109COMMON SHS17,814$311.7K<0.1%−662−3.6%Reduced–
WTMWhite Mountains Insurance Group LtdCOM150$311.7K<0.1%00.0%UnchangedHistory
Capital Group Core Equity Et14020V108SHS CREAT UNIT7,711$310.2K<0.1%+7,711New–
iShares Tr464288158SHRT NAT MUN ETF2,905$309.9K<0.1%+124+4.5%Added–
LTHLife Time Group Holdings, Inc.COMMON STOCK11,630$309.1K<0.1%−1,012−8.0%ReducedHistory
Capitol Ser Tr14064D444STERLING CAP ENH12,165$308.4K<0.1%00.0%Unchanged–
QBTSD-Wave Quantum Inc.Stock11,731$306.8K<0.1%+11,731NewHistory
CBChubb LtdStock979$305.6K<0.1%−104−9.6%ReducedHistory
IRDMIridium Communications Inc.COM17,440$303.1K<0.1%+990+6.0%AddedHistory
CWCurtiss Wright CorpStock546$301.0K<0.1%+1+0.2%AddedHistory
TMHCTaylor Morrison Home CorpCOM5,109$300.8K<0.1%−1,648−24.4%ReducedHistory
Vanguard Communication Services ETF92204A884ETF1,545$299.1K<0.1%−118−7.1%Reduced–
AGFirst Majestic Silver CorpCOM17,937$298.8K<0.1%+17,937NewHistory
JOBYJoby Aviation, Inc.COMMON STOCK22,593$298.2K<0.1%−4,335−16.1%ReducedHistory
BJBJ's Wholesale Club Holdings, Inc.COM3,309$297.9K<0.1%−915−21.7%ReducedHistory
AMEAmetek IncCOM1,449$297.5K<0.1%−23−1.6%ReducedHistory
VTRVentas, Inc.REIT3,843$297.4K<0.1%−30−0.8%ReducedHistory
CVNACarvana Co.CL A703$296.7K<0.1%−99−12.3%ReducedHistory
SOLVSolventum CorpStock3,732$295.7K<0.1%+3,732NewHistory
GPCGenuine Parts CoStock2,400$295.2K<0.1%+229+10.5%AddedHistory
OHIOmega Healthcare Investors IncCOM6,653$295.0K<0.1%−2,467−27.1%ReducedHistory
ENVAEnova International, Inc.COM1,865$293.2K<0.1%+1,865NewHistory
CCJCameco CorpStock3,204$293.1K<0.1%−2,933−47.8%ReducedHistory
American Centy ETF Tr025072323AVAN US SMAL ETF4,981$292.6K<0.1%−10−0.2%Reduced–
TELTE Connectivity plcStock1,285$292.3K<0.1%−490−27.6%ReducedHistory
BTIBritish American Tobacco p.l.c.SPONSORED ADR5,161$292.2K<0.1%+338+7.0%AddedHistory
Flexshares Tr33939L779DISCP DUR MBS14,031$291.5K<0.1%−280,430−95.2%Reduced–
GLTRabrdn Precious Metals Basket ETF TrustPHYSCL PRECS MET1,417$291.3K<0.1%+1,417NewHistory
Neos ETF Trust78433H303NEOS S&P 500 HI5,539$291.0K<0.1%+5,539New–
BTCGrayscale Bitcoin Mini Trust ETFETF7,491$290.1K<0.1%−11,936−61.4%ReducedHistory
First Tr Exchng Traded FD VI33740F714FT VEST US EQT6,127$290.1K<0.1%−315−4.9%Reduced–
First Trust Dow Jones Internet Index Fund33733E302ETF1,077$289.9K<0.1%+306+39.7%Added–
ZTSZoetis Inc.Stock2,303$289.7K<0.1%−7,420−76.3%ReducedHistory
BNBROOKFIELD CorpCL A LTD VT SH6,309$289.5K<0.1%+1,381+28.0%AddedHistory
DALDelta Air Lines, Inc.COM NEW4,129$286.5K<0.1%−546−11.7%ReducedHistory
iShares Tr46435G409MSCI INTL VLU FT7,518$286.0K<0.1%−80−1.1%Reduced–
Invesco Exch Traded FD Tr II46138G599NASDAQ BIOTECH10,072$286.0K<0.1%+10,072New–
ETWEaton Vance Tax-Managed Global Buy-Write Opportunities FundCOM30,783$283.8K<0.1%−9,200−23.0%ReducedHistory
J P Morgan Exchange Traded F46641Q241BETABUILDERS US6,111$283.7K<0.1%−487−7.4%Reduced–
CFGCitizens Financial Group IncCOM4,849$283.2K<0.1%+981+25.4%AddedHistory
FTNTFortinet, Inc.Stock3,565$283.1K<0.1%−3,744−51.2%ReducedHistory
American Centy ETF Tr025072372EMERGING MKT VAL4,849$282.7K<0.1%+127+2.7%Added–
Invesco Actively Managed Exc46090A804TOTAL RETURN5,953$282.3K<0.1%+146+2.5%Added–
VMIValmont Industries IncCOM702$282.2K<0.1%+9+1.3%AddedHistory
T Rowe Price Exchange-Traded87283Q826SMALL MID CAP7,857$282.1K<0.1%−346−4.2%Reduced–
ESEversource EnergyStock4,189$282.1K<0.1%−103−2.4%ReducedHistory
ETHEGrayscale Ethereum Staking ETFETF11,572$282.0K<0.1%+11,572NewHistory
SPDR Index Shs FDS78463X103PORTFLO EURP ETF5,407$281.9K<0.1%+78+1.5%Added–
iShares Tr46436E759ESG EAFE ETF3,749$281.8K<0.1%+15+0.4%Added–
SSRMSSR Mining Inc.Stock12,833$281.4K<0.1%+543+4.4%AddedHistory
AFRMAffirm Holdings, Inc.COM CL A3,768$280.5K<0.1%−2,588−40.7%ReducedHistory
BUSEFirst Busey CorpCOM NEW11,681$277.9K<0.1%00.0%UnchangedHistory
FTHYFirst Trust High Yield Opportunities 2027 Term FundCOM19,600$275.8K<0.1%+1,300+7.1%AddedHistory
Invesco Exch Traded FD Tr II46138E107EQUAL WEGT 0-3010,000$275.5K<0.1%00.0%Unchanged–
RNSTRenasant CorpCOM7,800$274.7K<0.1%00.0%UnchangedHistory
CPRTCopart IncCOM6,983$273.4K<0.1%+168+2.5%AddedHistory
PECOPhillips Edison & Company, Inc.COMMON STOCK7,667$272.7K<0.1%00.0%UnchangedHistory
NINisource Inc.COM6,528$272.6K<0.1%−1,150−15.0%ReducedHistory
NVONovo Nordisk A SADR5,358$272.6K<0.1%−955−15.1%ReducedHistory
Fidelity Covington Trust316092782VLU FACTOR ETF3,755$271.4K<0.1%+3,755New–
WPMWheaton Precious Metals Corp.COM2,294$269.6K<0.1%−1,823−44.3%ReducedHistory
Innovator ETFs Trust45784N858EQUITY DEFINED P10,472$269.5K<0.1%+10,472New–
AERAerCap Holdings N.V.SHS1,873$269.3K<0.1%+103+5.8%AddedHistory
EWEdwards Lifesciences CorpStock3,156$269.0K<0.1%−93−2.9%ReducedHistory
KKRKKR & Co. Inc.COM2,105$268.4K<0.1%−185−8.1%ReducedHistory
Fidelity Covington Trust316092113ENHANCED LARGE6,998$267.1K<0.1%+15+0.2%Added–
Vanguard Mun BD FDS922907738INTERMEDIATE TRM2,649$267.1K<0.1%+2,649New–

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%–