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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
Schwab U.S. Large-Cap Growth ETF808524300ETF225,847$7.37M0.2%+10,208+4.7%Added–
Dimensional ETF Trust25434V203INTL CORE EQT MK190,318$7.25M0.2%+1,954+1.0%Added–
Invesco Exchange Traded FD T46137V357S&P500 EQL WGT37,718$7.23M0.2%−12,784−25.3%Reduced–
Ssga Active ETF Tr78467V608ST STR BL LN ETF174,101$7.19M0.2%+14,698+9.2%Added–
PMPhilip Morris International Inc.Stock43,929$7.05M0.2%+2,752+6.7%AddedHistory
Ssga Active Tr78470P408STATE STREET US112,986$7.04M0.2%+4,448+4.1%Added–
Simplify Exchange Traded Fun82889N335BARRIER INCOME268,248$7.02M0.2%+111,224+70.8%Added–
XOMExxonMobil Holdings CorpCOM58,225$7.01M0.2%+3,076+5.6%AddedHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 114,542$6.99M0.2%+2,054+16.4%AddedHistory
PFEPfizer IncStock279,992$6.97M0.2%+29,010+11.6%AddedHistory
Vanguard Information Technology ETF92204A702ETF9,138$6.89M0.2%+373+4.3%Added–
TROWPrice T Rowe Group IncStock65,933$6.75M0.2%+7,613+13.1%AddedHistory
J P Morgan Exchange Traded F46654Q609ACTIVE GROWTH71,632$6.65M0.2%+4,513+6.7%Added–
Dimensional ETF Trust25434V872CORE FIXE IN ETF154,300$6.57M0.2%+2,618+1.7%Added–
GSGoldman Sachs Group IncStock7,445$6.54M0.2%+242+3.4%AddedHistory
JNJJohnson & JohnsonStock31,479$6.51M0.2%−3,351−9.6%ReducedHistory
Dimensional ETF Trust25434V807INTERNATNAL VAL128,335$6.40M0.2%+3,602+2.9%Added–
COSTCostco Wholesale CorpStock7,406$6.39M0.2%−241−3.2%ReducedHistory
MUMicron Technology IncStock22,369$6.38M0.2%+7,754+53.1%AddedHistory
CATCaterpillar IncStock10,889$6.24M0.2%−119−1.1%ReducedHistory
CVXChevron CorpStock40,822$6.22M0.2%−388−0.9%ReducedHistory
MAMastercard IncStock10,748$6.14M0.1%+1,319+14.0%AddedHistory
iShares Tr46435U853BROAD USD HIGH163,777$6.12M0.1%+1,300+0.8%Added–
MSMorgan StanleyStock34,491$6.12M0.1%+1,490+4.5%AddedHistory
iShares Russell 2000 ETF464287655ETF24,872$6.12M0.1%+5,027+25.3%Added–
iShares Russell 1000 Growth ETF464287614ETF12,756$6.04M0.1%+322+2.6%Added–
iShares Core U.S. Aggregate Bond ETF464287226ETF60,131$6.01M0.1%−12,723−17.5%Reduced–
iShares Russell Mid-Cap Growth ETF464287481ETF43,565$5.97M0.1%+4,385+11.2%Added–
Invesco Nasdaq 100 ETF46138G649ETF23,297$5.89M0.1%+10,815+86.6%Added–
INTUIntuit Inc.Stock8,861$5.87M0.1%+321+3.8%AddedHistory
First Trust Rising Dividend Achievers ETF33738R506ETF84,075$5.84M0.1%+3,981+5.0%Added–
Dimensional ETF Trust25434V104US CORE EQT MKT122,570$5.74M0.1%+715+0.6%Added–
MDYSPDR S&P Midcap 400 ETF TrustETF9,367$5.65M0.1%+803+9.4%AddedHistory
Dimensional ETF Trust25434V864SHOR DUR FIX ETF117,682$5.64M0.1%+7,938+7.2%Added–
iShares Tr46428743220 YR TR BD ETF64,617$5.63M0.1%−1,888−2.8%Reduced–
AMGNAmgen IncStock17,159$5.62M0.1%+1,255+7.9%AddedHistory
SPGSimon Property Group Inc.REIT30,223$5.59M0.1%+3,367+12.5%AddedHistory
State Street Health Care Select Sector SPDR ETF81369Y209ETF35,308$5.47M0.1%+5,366+17.9%Added–
STXSeagate Technology Holdings plcORD SHS19,530$5.38M0.1%+118+0.6%AddedHistory
iShares Tr46435G326CORE MSCI INTL64,696$5.34M0.1%−769−1.2%Reduced–
Simplify Exchange Traded Fun82889N350TARGE 15 ETF208,639$5.29M0.1%+53,082+34.1%Added–
PIMCO ETF Tr72201R817INV GRD CRP BD53,325$5.22M0.1%+289+0.5%Added–
MCKMcKesson CorpStock6,312$5.18M0.1%−504−7.4%ReducedHistory
State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474ETF171,234$5.17M0.1%−7,002−3.9%Reduced–
UNHUnitedHealth Group IncStock15,622$5.16M0.1%+470+3.1%AddedHistory
iShares Tr46434V4070-5YR HI YL CP118,693$5.09M0.1%−6,374−5.1%Reduced–
BXBlackstone Inc.COM32,755$5.05M0.1%+3,864+13.4%AddedHistory
AXPAmerican Express CoStock13,624$5.04M0.1%+149+1.1%AddedHistory
Schwab US Dividend Equity ETF808524797ETF183,510$5.03M0.1%−2,667−1.4%Reduced–
Vanguard Scottsdale FDS92206C664VNG RUS2000IDX50,538$5.03M0.1%+6,506+14.8%Added–
ORCLOracle CorpStock25,660$5.00M0.1%+110.0%AddedHistory
APHAmphenol CorpCL A36,998$5.00M0.1%+9,085+32.5%AddedHistory
Dimensional ETF Trust25434V831US HIGH PROF ETF131,325$4.99M0.1%−2,447−1.8%Reduced–
iShares Core S&P Mid-Cap ETF464287507ETF74,821$4.94M0.1%+4,085+5.8%Added–
J P Morgan Exchange Traded F46654Q716ACTIVE BOND ETF91,184$4.93M0.1%+91,184New–
SPDR Index Shs FDS78463X509ST PORT MARK ETF105,215$4.93M0.1%+2,944+2.9%Added–
DEDeere & CoStock10,558$4.92M0.1%−660−5.9%ReducedHistory
MRKMerck & Co., Inc.Stock46,056$4.85M0.1%−1,559−3.3%ReducedHistory
RTXRTX CorpStock26,349$4.83M0.1%+598+2.3%AddedHistory
iShares Core S&P Small Cap ETF464287804ETF39,809$4.78M0.1%+1,796+4.7%Added–
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF83,404$4.74M0.1%+7,110+9.3%Added–
Vanguard Health Care ETF92204A504ETF16,431$4.73M0.1%−230−1.4%Reduced–
AMATApplied Materials IncStock18,364$4.72M0.1%−2,847−13.4%ReducedHistory
American Centy ETF Tr025072703INTL EQT ETF57,207$4.71M0.1%+408+0.7%Added–
BACBank of America CorpStock85,464$4.70M0.1%+2,426+2.9%AddedHistory
iShares Tr464288414NATIONAL MUN ETF43,635$4.67M0.1%+73+0.2%Added–
iShares U.S. Treasury Bond ETF46429B267ETF202,029$4.65M0.1%+4,309+2.2%Added–
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD57,466$4.58M0.1%−1,761−3.0%Reduced–
AMDAdvanced Micro Devices IncStock21,099$4.52M0.1%−1,043−4.7%ReducedHistory
iShares Core MSCI Total International Stock ETF46432F834ETF52,848$4.47M0.1%+4,978+10.4%Added–
PIMCO ETF Tr72201R569MTG BKD SECS ACT89,934$4.47M0.1%+28,027+45.3%Added–
SPDR Series Trust78468R812ST STR MSCI USAQ25,608$4.46M0.1%−13,858−35.1%Reduced–
Vanguard Total Bond Market ETF921937835ETF59,388$4.40M0.1%+15,342+34.8%Added–
Invesco Exch Traded FD Tr II46138E362S&P500 HDL VOL91,054$4.37M0.1%−2,513−2.7%Reduced–
First Tr Exchng Traded FD VI33740F805SMITH OPPORT FXD97,585$4.32M0.1%−2,001−2.0%Reduced–
UNPUnion Pacific CorpStock18,308$4.24M0.1%+818+4.7%AddedHistory
ACNAccenture plcStock15,766$4.23M0.1%+5,616+55.3%AddedHistory
WisdomTree Tr97717Y527FLOATNG RAT TREA83,870$4.22M0.1%+12,936+18.2%Added–
iShares Core MSCI Emerging Markets ETF46434G103ETF62,623$4.21M0.1%+274+0.4%Added–
iShares Tr46435G102CONV BD ETF42,610$4.20M0.1%+3,802+9.8%Added–
iShares Tr46435U796SYSTEMATIC BD ET46,721$4.19M0.1%+46,721New–
Vanguard Morningstar Small-Cap Value ETF922908611ETF19,703$4.17M0.1%+234+1.2%Added–
Global X FDS37954Y574ADAPTIVE US89,951$4.17M0.1%+71,280+381.8%Added–
Global X FDS37954Y483NASDAQ 100 COVER235,444$4.16M0.1%+55,074+30.5%Added–
First Tr Exch Traded FD III33739P103LNG/SHT EQUITY58,301$4.14M0.1%−576−1.0%Reduced–
SPDR Series Trust78464A664ST LON TREAS ETF155,307$4.11M0.1%+41,434+36.4%Added–
AXONAxon Enterprise, Inc.COM7,206$4.09M0.1%+194+2.8%AddedHistory
CSCOCisco Systems, Inc.Stock53,085$4.09M0.1%+3,404+6.9%AddedHistory
State Street Financial Select Sector SPDR ETF81369Y605ETF73,642$4.03M0.1%+7,717+11.7%Added–
PANWPalo Alto Networks IncStock21,720$4.00M0.1%−1,384−6.0%ReducedHistory
iShares Tr464288885EAFE GRWTH ETF34,888$3.97M0.1%+89+0.3%Added–
iShares Tr46429B7470-5 YR TIPS ETF38,812$3.97M0.1%−51,086−56.8%Reduced–
iShares Tr464287721U.S. TECH ETF19,888$3.97M0.1%+2,148+12.1%Added–
KOCoca Cola CoStock56,272$3.93M0.1%+2,777+5.2%AddedHistory
MCDMcDonalds CorpStock12,764$3.90M0.1%+173+1.4%AddedHistory
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF38,801$3.89M0.1%+2,185+6.0%Added–
First Tr Exchng Traded FD VI33740F490MULTI STRATEGY170,737$3.89M0.1%+1,986+1.2%Added–
Global X FDS37954Y475S&P 500 COVERED95,663$3.89M0.1%+2,757+3.0%Added–
iShares Tr46435G425ESG AWR MSCI USA25,921$3.86M0.1%+513+2.0%Added–
Invesco Exchange Traded FD T46137V506DIVID ACHIEVEV74,485$3.84M0.1%+1,460+2.0%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%–