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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
ORealty Income CorpREIT67,881$3.83M0.1%+4,996+7.9%AddedHistory
iShares Tr4642886613 7 YR TREAS BD31,994$3.82M0.1%+6,226+24.2%Added–
J P Morgan Exchange Traded F46641Q670CORE PLUS BD ETF79,792$3.78M0.1%+13,126+19.7%Added–
First Tr Exchng Traded FD VI33740U307FT VEST US EQT73,219$3.78M0.1%+6,318+9.4%Added–
GILDGilead Sciences, Inc.Stock30,670$3.76M0.1%+766+2.6%AddedHistory
LRCXLam Research CorpStock21,972$3.76M0.1%+1,662+8.2%AddedHistory
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF33,923$3.74M0.1%+3,498+11.5%Added–
First Tr Exchng Traded FD VI33740U505FT VEST UQ EQT72,983$3.74M0.1%+8,096+12.5%Added–
First Tr Exchange-Traded FD33739Q408FIRST TR ENH NEW62,002$3.72M0.1%−602−1.0%Reduced–
iShares Tr464289446RUS TOP 200 ETF21,585$3.68M0.1%+2,717+14.4%Added–
Invesco Exch Traded FD Tr II46138E354S&P500 LOW VOL50,851$3.63M0.1%+21,408+72.7%Added–
Innovator ETFs Trust45783Y814LADERD ALCTN PWR72,623$3.62M0.1%−877−1.2%Reduced–
iShares Tr46435G524INTL DIV GRWTH43,562$3.61M0.1%−7,901−15.4%Reduced–
MMM3M CoStock22,353$3.58M0.1%+1,685+8.2%AddedHistory
PHYSSprott Physical Gold TrustPHYSICAL GOLD TR107,813$3.56M0.1%−15,330−12.4%ReducedHistory
CRMSalesforce, Inc.Stock13,350$3.54M0.1%+1,168+9.6%AddedHistory
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF45,047$3.50M0.1%+3,059+7.3%Added–
Innovator U.S. Equity Power Buffer ETF - October45782C797ETF79,474$3.49M0.1%−12,844−13.9%Reduced–
Capital Group Dividend Value14020W106SHS CREAT UNIT79,910$3.49M0.1%+63,636+391.0%Added–
PAYXPaychex IncStock30,980$3.48M0.1%+5,862+23.3%AddedHistory
Vanguard Star FDS921909768VG TL INTL STK F46,061$3.47M0.1%+2,667+6.1%Added–
Schwab Fundamental International Equity ETF808524755ETF76,766$3.47M0.1%−3,695−4.6%Reduced–
VICIVici Properties Inc.COM122,171$3.44M0.1%+13,535+12.5%AddedHistory
First Tr Exchng Traded FD VI33740F847FT VEST US EQT62,634$3.43M0.1%+55,958+838.2%Added–
J P Morgan Exchange Traded F46641Q134INTRNL RES EQT45,694$3.42M0.1%−2,304−4.8%Reduced–
Ssga Active ETF Tr78467V848ST STR TOTAL ETF84,607$3.41M0.1%+3,229+4.0%Added–
iShares Tr464289479CORE LT USDB ETF68,423$3.40M0.1%+2,309+3.5%Added–
iShares Tr46429B291A RATE CP BD ETF70,684$3.40M0.1%−41,678−37.1%Reduced–
Vanguard Scottsdale FDS92206C706INTER TERM TREAS56,302$3.37M0.1%+4,696+9.1%Added–
TAT&T Inc.Stock135,748$3.37M0.1%−6,472−4.6%ReducedHistory
First Tr Exchng Traded FD VI33740F664FT VEST US EQT68,663$3.36M0.1%+59,106+618.5%Added–
Vanguard World FD921910840MEGA CAP VAL ETF23,743$3.35M0.1%+4,557+23.8%Added–
VanEck ETF Trust92189F601URANI NUCLE ETF26,746$3.32M0.1%−18,696−41.1%Reduced–
American Centy ETF Tr025072802INTL SMCP VLU34,572$3.25M0.1%+1,883+5.8%Added–
iShares Russell 2000 Growth ETF464287648ETF10,005$3.23M0.1%+162+1.6%Added–
ANETArista Networks, Inc.Stock24,640$3.23M0.1%−3,503−12.4%ReducedHistory
State Street Consumer Discretionary Select Sector SPDR ETF81369Y407ETF26,911$3.21M0.1%−6,947−20.5%ReducedConverted for a 2-for-1 split–
American Centy ETF Tr025072877US SML CP VALU31,491$3.21M0.1%+310+1.0%Added–
Dimensional ETF Trust25434V625US COR EQU 1 ETF43,340$3.19M0.1%−5,758−11.7%Reduced–
American Centy ETF Tr025072885US EQT ETF28,387$3.17M0.1%+1,193+4.4%Added–
DOWDow Inc.Stock134,693$3.15M0.1%+26,186+24.1%AddedHistory
ABTAbbott LaboratoriesStock25,076$3.14M0.1%+996+4.1%AddedHistory
First Tr Exchng Traded FD VI33740F862FT VEST US EQT59,176$3.13M0.1%+85+0.1%Added–
Vanguard Long-Term Treasury ETF92206C847ETF55,649$3.11M0.1%+9,630+20.9%Added–
iShares Tr464287630RUS 2000 VAL ETF17,134$3.10M0.1%+153+0.9%Added–
Vanguard Whitehall FDS921946810INTL DVD ETF33,884$3.10M0.1%−681−2.0%Reduced–
KMIKinder Morgan, Inc.Stock112,589$3.10M0.1%+12,345+12.3%AddedHistory
First Tr Exchng Traded FD VI33740U208FT VEST US EQT55,319$3.09M0.1%−654−1.2%Reduced–
Vanguard Scottsdale FDS92206C573TOTAL CORP BND39,284$3.05M0.1%+4,227+12.1%Added–
PIMCO ETF Tr72201R718ENHNCD LW DUR AC31,631$3.03M0.1%+1,371+4.5%Added–
DGDollar General CorpCOM22,854$3.03M0.1%+13,754+151.1%AddedHistory
BRK.ABerkshire Hathaway IncCL A4$3.02M0.1%00.0%UnchangedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR9,805$2.98M0.1%+159+1.6%AddedHistory
Vanguard Morningstar Mid-Cap ETF922908629ETF10,265$2.98M0.1%+858+9.1%Added–
JPMorgan Ultra-Short Income ETF46641Q837ETF58,362$2.95M0.1%+38,015+186.8%Added–
TMOThermo Fisher Scientific Inc.Stock5,038$2.92M0.1%−582−10.4%ReducedHistory
J P Morgan Exchange Traded F46654Q740GLOBAL SEL EQUIT43,047$2.91M0.1%+9,266+27.4%Added–
NEENextera Energy IncStock36,100$2.90M0.1%−1,046−2.8%ReducedHistory
Franklin Templeton ETF Tr35473P108INTL COR DIV TIL74,457$2.90M0.1%+1,724+2.4%Added–
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF61,790$2.90M0.1%−9,683−13.5%Reduced–
Innovator ETFs Trust45782C508US EQTY PWR BUF60,583$2.85M0.1%+8,839+17.1%Added–
Northern Lights FD Tr66538J720TOEWS AGILTY SHS76,360$2.81M0.1%+24,379+46.9%Added–
Innovator ETFs Trust45783Y855DEFINED WLT SHLD83,846$2.81M0.1%+57,545+218.8%Added–
iShares Tr464288687PFD AND INCM SEC89,979$2.79M0.1%+227+0.3%Added–
Simplify Exchange Traded Fun82889N699MANAGED FUTURES101,546$2.77M0.1%−22,918−18.4%Reduced–
Schwab US Aggregate Bond ETF808524839ETF118,072$2.76M0.1%+6,864+6.2%Added–
ADBEAdobe Inc.Stock7,875$2.76M0.1%+820+11.6%AddedHistory
WMBWilliams Companies, Inc.COM45,724$2.75M0.1%+3,224+7.6%AddedHistory
CRWDCrowdStrike Holdings, Inc.Stock5,825$2.73M0.1%+131+2.3%AddedHistory
CMECME Group Inc.COM9,926$2.71M0.1%+269+2.8%AddedHistory
Principal Exchange Traded FD74255Y870US MEGA CP ETF39,600$2.71M0.1%+72+0.2%Added–
State Street Communication Services Select Sector SPDR ETF81369Y852ETF23,013$2.71M0.1%+1,578+7.4%Added–
UPSUnited Parcel Service IncStock27,311$2.71M0.1%−1,276−4.5%ReducedHistory
FANGDiamondback Energy, Inc.Stock17,964$2.70M0.1%+1,032+6.1%AddedHistory
WELLWelltower Inc.REIT14,322$2.66M0.1%+194+1.4%AddedHistory
USBUS Bancorp DECOM NEW49,289$2.63M0.1%−3,825−7.2%ReducedHistory
iShares Tr4642874407-10 YR TRSY BD27,341$2.63M0.1%+657+2.5%Added–
LYBLyondellBasell Industries N.V.SHS - A -60,713$2.63M0.1%+13,106+27.5%AddedHistory
ProShares Tr74347X831ULTRAPRO QQQ49,818$2.63M0.1%+1,808+3.8%AddedConverted for a 2-for-1 split–
NOWServiceNow, Inc.Stock17,116$2.62M0.1%+2,936+20.7%AddedConverted for a 5-for-1 splitHistory
IBITiShares Bitcoin Trust ETFETF52,244$2.59M0.1%+13,889+36.2%AddedHistory
GISGeneral Mills IncStock55,689$2.59M0.1%+7,488+15.5%AddedHistory
VanEck ETF Trust92189F106GOLD MINERS ETF30,113$2.58M0.1%+15,500+106.1%Added–
APPAppLovin CorpCOM CL A3,752$2.53M0.1%−2,146−36.4%ReducedHistory
State Street Industrial Select Sector SPDR ETF81369Y704ETF16,068$2.49M0.1%+42+0.3%Added–
COPConocoPhillipsStock26,569$2.49M0.1%+10,759+68.1%AddedHistory
J P Morgan Exchange Traded F46654Q757JPMORGAN INTL VL30,888$2.48M0.1%+15,741+103.9%Added–
TXNTexas Instruments IncStock14,259$2.47M0.1%+734+5.4%AddedHistory
NOCNorthrop Grumman CorpStock4,328$2.47M0.1%−1,132−20.7%ReducedHistory
EOGEOG Resources IncStock23,414$2.46M0.1%+8,702+59.1%AddedHistory
ASMLASML Holding NVADR2,292$2.45M0.1%−9−0.4%ReducedHistory
HWMHowmet Aerospace Inc.Stock11,940$2.45M0.1%+172+1.5%AddedHistory
iShares Tr46434V860TRS FLT RT BD48,482$2.45M0.1%−34,288−41.4%Reduced–
First Tr Exchng Traded FD VI33740U679FT VEST US EQT64,650$2.45M0.1%+64,650New–
UBERUber Technologies, IncStock29,773$2.43M0.1%−11,652−28.1%ReducedHistory
Schwab U.S. Large-Cap Value ETF808524409ETF81,419$2.41M0.1%+9,976+14.0%Added–
BlackRock ETF Trust09290C863ISHARES US LARG76,048$2.41M0.1%−633−0.8%Reduced–
ISRGIntuitive Surgical IncCOM NEW4,236$2.40M0.1%−47−1.1%ReducedHistory
Invesco Exchange Traded FD T46137V472S&P MDCP QUALITY23,339$2.39M0.1%−162−0.7%Reduced–
SHWSherwin Williams CoCOM7,370$2.39M0.1%−318−4.1%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%–