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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 Trust45784N106EQUITY DEFINED P9,970$267.0K<0.1%−59−0.6%Reduced–
HTGCHercules Capital, Inc.COM14,175$266.8K<0.1%+40+0.3%AddedHistory
SPDR Series Trust78464A789ST STR SP INS4,430$266.5K<0.1%+166+3.9%Added–
Innovator ETFs Trust45784N841GROWTH 100 PWR B9,589$266.0K<0.1%−2,419−20.1%Reduced–
FCFSFirstCash Holdings, Inc.COM1,660$264.6K<0.1%+1,660NewHistory
Aim ETF Products Trust00888H505ALLIA US OCT ETF6,759$263.6K<0.1%+6,759New–
First Tr Exchng Traded FD VI33740F318FT VEST US EQT E7,143$263.1K<0.1%−15,196−68.0%Reduced–
Global X FDS37954Y848GLOBAL X SILVER3,150$263.1K<0.1%−1,158−26.9%Reduced–
ADMArcher-Daniels-Midland CoStock4,560$262.2K<0.1%+4,560NewHistory
Invesco Exch Traded FD Tr II46138E842DORSEY WRGT SMLC2,706$261.8K<0.1%+2,706New–
First Tr Exchange-Traded FD33739Q705FT VEST S&P 5005,306$260.8K<0.1%+246+4.9%Added–
PEGAPegasystems IncCOM4,361$260.4K<0.1%+101+2.4%AddedHistory
ACHRArcher Aviation Inc.Stock34,393$258.6K<0.1%+9,495+38.1%AddedHistory
Sprott ETF Trust85210B102GOLD MINERS ETF3,707$258.1K<0.1%−1,799−32.7%Reduced–
LAMRLamar Advertising CoREIT2,039$258.1K<0.1%−7−0.3%ReducedHistory
T Rowe Price Exchange-Traded87283Q867CAP APPRECIATION6,750$258.0K<0.1%+6,750New–
Fidelity Comwlth Tr315912808NASDAQ COMPSIT2,822$258.0K<0.1%+5+0.2%Added–
Vanguard Industrials ETF92204A603ETF864$257.7K<0.1%+76+9.6%Added–
First Tr Exchng Traded FD VI33740F649FT VEST NAS7,907$257.2K<0.1%00.0%Unchanged–
State Street SPDR Portfolio Long Term Corporate Bond ETF78464A367ETF11,386$257.1K<0.1%+11,386New–
KBDCKayne Anderson BDC, Inc.COM SHS17,950$257.0K<0.1%00.0%UnchangedHistory
Amplify ETF Tr032108698CASH FLOW DIVID7,725$257.0K<0.1%+7,725New–
Exchange Traded Concepts Tru301505475RANG NUCL RE ETF4,047$257.0K<0.1%+203+5.3%Added–
TPLTexas Pacific Land CorpStock895$256.9K<0.1%−20−2.2%ReducedConverted for a 3-for-1 splitHistory
OTISOtis Worldwide CorpStock2,931$256.0K<0.1%−147−4.8%ReducedHistory
Global X FDS37960A859DOW 30 CO CA ETF11,614$255.5K<0.1%−1,636−12.3%Reduced–
STLDSteel Dynamics IncCOM1,507$255.3K<0.1%−8−0.5%ReducedHistory
AYIAcuity Inc. (DE)Stock709$255.3K<0.1%−1−0.1%ReducedHistory
Simplify Exchange Traded Fun82889N459GAMMA EMERGING9,533$253.8K<0.1%+9,533New–
SPDR Index Shs FDS78463X400SP CHINA ETF2,617$253.4K<0.1%+447+20.6%Added–
iShares Inc464286509MSCI CDA ETF4,691$253.0K<0.1%+3+0.1%Added–
INSMINSMED IncCOM PAR $.011,450$252.4K<0.1%+1,450NewHistory
DTEDte Energy CoCOM1,955$252.1K<0.1%+164+9.2%AddedHistory
Goldman Sachs ETF Tr381430503ACTIVEBETA US LG1,901$251.6K<0.1%−157−7.6%Reduced–
OMCOmnicom Group Inc.COM3,101$250.4K<0.1%+3,101NewHistory
iShares Tr464287192US TRSPRTION3,360$250.4K<0.1%+3,360New–
EXGEaton Vance Tax-Managed Global Diversified Equity Income FundCOM26,250$250.2K<0.1%−1,750−6.3%ReducedHistory
Invesco Exchange Traded FD T46137V456S&P MDCP VLU MNT3,898$250.1K<0.1%+3,898New–
SPDR Series Trust78468R606ST PORT HIGH ETF10,535$249.4K<0.1%−4,803−31.3%Reduced–
GPNGlobal Payments IncStock3,216$248.9K<0.1%−1,077−25.1%ReducedHistory
Invesco Actvely MNGD Etc FD46090F100OPTIMUM YIELD18,770$248.7K<0.1%−141,295−88.3%Reduced–
CRWVCoreWeave, Inc.Stock3,461$247.8K<0.1%+1,973+132.6%AddedHistory
Unified Ser Tr90470L444ONEASCENT INTL5,964$246.8K<0.1%−208,024−97.2%Reduced–
Simplify Exchange Traded Fun82889N798RISK PARITY TREA18,110$244.5K<0.1%−5,476−23.2%Reduced–
TWLOTwilio IncCL A1,718$244.4K<0.1%+1,718NewHistory
Vanguard Scottsdale FDS92206C813LG-TERM COR BD3,203$243.0K<0.1%−496−13.4%Reduced–
RGLDRoyal Gold IncStock1,090$242.3K<0.1%+1,090NewHistory
Invesco Exch Traded FD Tr II46138G557ALERIAN GLXY CRY13,633$241.9K<0.1%+2,210+19.3%Added–
PYPLPayPal Holdings, Inc.Stock4,141$241.7K<0.1%−789−16.0%ReducedHistory
Schwab Emerging Markets Equity ETF808524706ETF7,303$239.2K<0.1%+1,026+16.3%Added–
NTRSNorthern Trust CorpCOM1,746$238.5K<0.1%−1,285−42.4%ReducedHistory
iShares Tr464287556ISHARES BIOTECH1,413$238.5K<0.1%−427−23.2%Reduced–
OKTAOkta, Inc.CL A2,755$238.2K<0.1%−113−3.9%ReducedHistory
LYGLloyds Banking Group plcSPONSORED ADR44,928$238.1K<0.1%+10,136+29.1%AddedHistory
LENLennar CorpCL A2,311$237.6K<0.1%−2,099−47.6%ReducedHistory
iShares Core S&P US Value ETF464287663ETF2,313$237.2K<0.1%+183+8.6%Added–
Invesco Exch Traded FD Tr II46138E172S&P SMLCP STAP7,560$235.0K<0.1%00.0%Unchanged–
First Tr Exchng Traded FD VI33740F839FT VEST US EQT4,804$234.6K<0.1%+74+1.6%Added–
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD8,578$233.3K<0.1%−190−2.2%Reduced–
Innovator ETFs Trust45784N742EQUI DEFI 1 MARC8,480$233.2K<0.1%−21−0.2%Reduced–
First Tr Exchange-Traded FD33738D101NO AMER ENERGY6,153$233.0K<0.1%+6,153New–
New Gold Inc Cda644535106COM26,749$233.0K<0.1%+11,268+72.8%Added–
iShares Core High Dividend ETF46429B663ETF1,906$231.8K<0.1%−466−19.6%Reduced–
PNRPENTAIR plcSHS2,218$230.9K<0.1%+2,218NewHistory
NGLNGL Energy Partners LPCOM UNIT REPST23,087$230.9K<0.1%−484−2.1%ReducedHistory
CHRWC. H. Robinson Worldwide, Inc.COM NEW1,433$230.4K<0.1%−104−6.8%ReducedHistory
WisdomTree Tr97717X669US QTLY DIV GRT2,562$229.1K<0.1%+2,562New–
Direxion Shs ETF Tr25460G286TSLA BULL 1.5X11,916$227.7K<0.1%−20,943−63.7%Reduced–
ETGEaton Vance Tax-Advantaged Global Dividend Income FundCOM9,852$227.6K<0.1%−628−6.0%ReducedHistory
VanEck ETF Trust92189F437FALLEN ANGEL HG7,722$226.8K<0.1%−1,690−18.0%Reduced–
iShares Tr464288307MRGSTR MD CP GRW2,840$226.8K<0.1%−269−8.7%Reduced–
ALNTAllient IncCOM4,209$226.2K<0.1%+4,209NewHistory
TTWOTake Two Interactive Software IncCOM883$226.1K<0.1%+98+12.5%AddedHistory
Northern Lights FD Tr66538J738AGILITY SHS DYNA10,139$225.3K<0.1%−1,866−15.5%Reduced–
First Tr Exchange-Traded FD33733E831INDXX AEROSPACE5,257$224.9K<0.1%−48−0.9%Reduced–
First Tr Exch Traded FD III33739E108PFD SECS INC ETF12,320$224.5K<0.1%+1,820+17.3%Added–
Innovator ETFs Trust45784N809EQUI DEFI 1 NOVE8,398$224.0K<0.1%+8,398New–
LINLinde PLCStock524$223.6K<0.1%−115−18.0%ReducedHistory
CRSPCRISPR Therapeutics AGNAMEN AKT4,234$222.0K<0.1%+4,234NewHistory
Innovator Equity Defined Protection ETF - 6MO Jan/Jul45783Y244ETF7,609$221.1K<0.1%+7,609New–
AWKAmerican Water Works Company, Inc.Stock1,694$221.0K<0.1%+73+4.5%AddedHistory
BTCOInvesco Galaxy Bitcoin ETFCOM SHS BEN INT2,534$220.9K<0.1%+686+37.1%AddedHistory
Vanguard Scottsdale FDS92206C623VNG RUS2000GRW928$219.0K<0.1%+49+5.6%Added–
AAgilent Technologies, Inc.COM1,608$218.9K<0.1%+1,608NewHistory
John Hancock Exchange Traded47804J206MULTIFACTOR MI3,338$218.6K<0.1%+3,338New–
Invesco Exchange Traded FD T46137V837DORS WRI MOM ETF1,871$217.7K<0.1%+1,871New–
First Tr Exchng Traded FD VI33740U406FT VEST U.S.4,825$217.6K<0.1%−5,227−52.0%Reduced–
ETYEaton Vance Tax-Managed Diversified Equity Income FundCOM14,169$217.4K<0.1%00.0%UnchangedHistory
Aim ETF Products Trust00888H802ALLIA US JAN ETF5,870$217.2K<0.1%00.0%Unchanged–
KEYKeycorpCOM10,479$216.3K<0.1%+10,479NewHistory
IQVIQVIA Holdings Inc.Stock951$214.4K<0.1%−207−17.9%ReducedHistory
Strategy Shs86280R878GOLD ENHANCED ET6,121$213.9K<0.1%+6,121New–
TPRTapestry, Inc.COM1,674$213.9K<0.1%−133−7.4%ReducedHistory
ENSEnerSysCOM1,452$213.1K<0.1%+1,452NewHistory
PCGPG&E CorpStock13,206$212.2K<0.1%−3,240−19.7%ReducedHistory
State Street SPDR S&P 600 Small Cap Value ETF78464A300ETF2,327$211.7K<0.1%+2,327New–
Invesco Exch TRD SLF Idx FD46138J577BULETSHS 202911,236$211.6K<0.1%+1,075+10.6%Added–
PTACohen & Steers Tax-Advantaged Preferred Securities & Income FundCOM10,900$210.5K<0.1%−4,500−29.2%ReducedHistory
iShares MSCI Eafe Min Vol Factor ETF46429B689ETF2,438$210.3K<0.1%+2,438New–
MGTXMeiraGTx Holdings plcCOM26,424$210.1K<0.1%−5,150−16.3%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%–