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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
BLDRBuilders FirstSource, Inc.Stock4,672$480.7K<0.1%+300+6.9%AddedHistory
J P Morgan Exchange Traded F46654Q732U S TEC LEA ETF5,335$480.5K<0.1%+1,185+28.6%Added–
DNPDNP Select Income Fund IncCOM47,841$477.9K<0.1%+19,295+67.6%AddedHistory
ETREntergy CorpCOM5,133$474.5K<0.1%+444+9.5%AddedHistory
Zacks Trust98888G881QUALITY INTERNAT17,885$474.4K<0.1%+8,717+95.1%Added–
BPBP PLCADR13,628$473.3K<0.1%+1,597+13.3%AddedHistory
COINCoinbase Global, Inc.COM CL A2,089$472.4K<0.1%−952−31.3%ReducedHistory
Invesco Exchange Traded FD T46137V118GBL LISTED PVT7,031$471.6K<0.1%+23+0.3%Added–
AMPAmeriprise Financial IncCOM953$467.1K<0.1%+4+0.4%AddedHistory
Vanguard Ftse All-World Ex-US Small-Cap ETF922042718ETF3,250$465.9K<0.1%+923+39.7%Added–
Aim ETF Products Trust00888H463ALL B20 ALL ETF16,926$464.1K<0.1%+2,000+13.4%Added–
FXYInvesco CurrencyShares Japanese Yen TrustJAPANESE YEN7,905$463.8K<0.1%+512+6.9%AddedHistory
Schwab U.S. Large-Cap ETF808524201ETF17,217$463.3K<0.1%−6,878−28.5%Reduced–
DHRDanaher CorpStock2,017$461.6K<0.1%−5−0.2%ReducedHistory
BRBroadridge Financial Solutions, Inc.Stock2,065$460.9K<0.1%+80+4.0%AddedHistory
ROKRockwell Automation, IncStock1,183$460.3K<0.1%+127+12.0%AddedHistory
TGTTarget CorpStock4,698$459.3K<0.1%+206+4.6%AddedHistory
NLYAnnaly Capital Management IncREIT20,503$458.5K<0.1%−7,790−27.5%ReducedHistory
Harbor ETF Trust41151J505COMM ALL WEA ETF18,416$457.1K<0.1%−2,475−11.8%Reduced–
ENBEnbridge IncStock9,522$455.4K<0.1%+184+2.0%AddedHistory
Innovator ETFs Trust45782C409US EQTY BUFR JAN8,256$454.5K<0.1%+9+0.1%Added–
CICigna GroupStock1,648$453.6K<0.1%+100+6.5%AddedHistory
VanEck ETF Trust92189H607OIL SERVICES ETF1,583$450.8K<0.1%+168+11.9%Added–
Innovator ETFs Trust45782C664US EQTY BUF SEP9,130$449.7K<0.1%−303−3.2%Reduced–
PPLPPL CorpCOM12,833$449.4K<0.1%+1,754+15.8%AddedHistory
ASTSAST SpaceMobile, Inc.COM CL A6,185$449.2K<0.1%−96−1.5%ReducedHistory
NBISNebius Group N.V.Stock5,322$445.5K<0.1%−351−6.2%ReducedHistory
BNY Mellon ETF Trust09661T602CORE BOND ETF10,503$445.1K<0.1%+1,500+16.7%Added–
iShares Russell Mid-Cap Value ETF464287473ETF3,151$444.4K<0.1%+605+23.8%Added–
First Tr Exchng Traded FD VI33740U778VEST BUFFERED16,042$441.5K<0.1%+787+5.2%Added–
MDLZMondelez International, Inc.Stock8,179$440.3K<0.1%+600+7.9%AddedHistory
Aim ETF Products Trust00888H497ALLIANZIM US EQ15,892$440.1K<0.1%00.0%Unchanged–
First Tr Exch Traded FD III33740J203EQUITY MARKET NE21,235$438.3K<0.1%+604+2.9%Added–
Invesco Exch Traded FD Tr II46138E610KBW HIG DV YLD32,047$437.9K<0.1%+6,072+23.4%Added–
First Tr Exchange-Traded FD33734X846NASDAQ CYB ETF6,023$430.3K<0.1%+1,568+35.2%Added–
SNYSanofiSPONSORED ADR8,870$429.8K<0.1%+683+8.3%AddedHistory
LDOSLeidos Holdings, Inc.COM2,382$429.8K<0.1%−64−2.6%ReducedHistory
Schwab Strategic Tr808524649MUN BD ETF16,679$429.7K<0.1%+193+1.2%Added–
MELIMercadolibre IncCOM213$429.0K<0.1%−74−25.8%ReducedHistory
iShares Tr46435G342MORTGE REL ETF19,342$429.0K<0.1%−19−0.1%Reduced–
Schwab U.S. Small-Cap ETF808524607ETF15,047$428.5K<0.1%−443−2.9%Reduced–
ILMNIllumina, Inc.COM3,255$426.9K<0.1%+3,255NewHistory
ProShares Tr74347X864ULTRPRO S&P5003,654$423.0K<0.1%−217−5.6%Reduced–
EMREmerson Electric CoStock3,183$422.5K<0.1%−73−2.2%ReducedHistory
iShares Inc46434G822MSCI JAPAN ETF5,232$422.4K<0.1%+137+2.7%Added–
ROOTRoot, Inc.CL A NEW5,839$421.8K<0.1%−14,150−70.8%ReducedHistory
Managed Portfolio Ser56167N183KENS HE PREM ETF16,314$418.6K<0.1%+16,314New–
Innovator ETFs Tr45783Y459INTL DEV PWR BUF12,109$418.2K<0.1%+12,109New–
APDAir Products & Chemicals, Inc.Stock1,692$418.1K<0.1%+56+3.4%AddedHistory
PEGPublic Service Enterprise Group IncCOM5,198$417.3K<0.1%−392−7.0%ReducedHistory
Fidelity Covington Trust31609A503ENH MID COR ETF11,446$416.4K<0.1%+651+6.0%Added–
BWXTBWX Technologies, Inc.COM2,408$416.2K<0.1%+2,408NewHistory
Invesco Exchange Traded FD T46137V845DORSEY WRGT INDS2,376$414.8K<0.1%+2,376New–
ARISAris Mining CorpCOM25,221$409.3K<0.1%+25,221NewHistory
Direxion Shs ETF Tr25460G781DLY GOLD INDX 2X2,219$408.0K<0.1%+549+32.9%Added–
PGRProgressive CorpStock1,768$402.7K<0.1%+129+7.9%AddedHistory
iShares Tr464288372GLB INFRASTR ETF6,562$402.7K<0.1%−201−3.0%Reduced–
BABAAlibaba Group Holding LtdADR2,727$399.7K<0.1%−629−18.7%ReducedHistory
DDominion Energy, IncStock6,791$397.9K<0.1%+1,463+27.5%AddedHistory
CHICalamos Convertible Opportunities & Income FundSH BEN INT37,838$396.5K<0.1%−1,500−3.8%ReducedHistory
BDCZUBS AGETRACS WF BUS DE23,552$396.5K<0.1%+23+0.1%AddedHistory
iShares Tr46436E833IBONDS 28 TRM TS17,712$396.1K<0.1%+17,712New–
Invesco Exch Traded FD Tr II46138E511PFD ETF35,233$396.0K<0.1%−23,123−39.6%Reduced–
Innovator ETFs Trust45782C433US EQTY BUFR FEB8,091$393.7K<0.1%+9+0.1%Added–
YUMCYum China Holdings, Inc.COM8,213$392.1K<0.1%−48−0.6%ReducedHistory
MLYSMineralys Therapeutics, Inc.COM10,750$390.1K<0.1%00.0%UnchangedHistory
SILASila Realty Trust, Inc.COMMON STOCK16,692$389.1K<0.1%+1,660+11.0%AddedHistory
First Tr Exchng Traded FD VI33740U687FT VEST U.S EQT9,795$389.1K<0.1%+9,795New–
Innovator ETFs Trust45784N874GROWTH 100 PWR B13,530$388.3K<0.1%+13,530New–
ALABAstera Labs, Inc.Stock2,313$384.8K<0.1%+456+24.6%AddedHistory
Schwab U.S. Broad Market ETF808524102ETF14,620$383.5K<0.1%−6,628−31.2%Reduced–
UGIUgi CorpStock10,184$381.2K<0.1%+2,482+32.2%AddedHistory
Angel Oak Funds Trust03463K760INCOME ETF18,300$381.1K<0.1%−790−4.1%Reduced–
Innovator U.S. Equity Buffer ETF - October45782C771ETF7,672$379.2K<0.1%+448+6.2%Added–
Vanguard Energy ETF92204A306ETF3,003$378.3K<0.1%−304−9.2%Reduced–
SPDR Series Trust78468R531SPDR S&P 500 ESG5,676$375.5K<0.1%+158+2.9%Added–
First Tr Exchng Traded FD VI33740F276FT ENER INCO ETF18,791$373.4K<0.1%−5,108−21.4%Reduced–
FHNFirst Horizon CorpCOM15,621$373.3K<0.1%+1,967+14.4%AddedHistory
iShares Tr46435G334MSCI UK ETF NEW8,470$372.5K<0.1%+10+0.1%Added–
Global X FDS37954Y376RATE PREFERRED16,525$367.2K<0.1%−6,558−28.4%Reduced–
AFLAflac IncStock3,316$365.7K<0.1%−158−4.5%ReducedHistory
Vanguard Total World Stock ETF922042742ETF2,590$365.4K<0.1%+151+6.2%Added–
iShares Tr464287754US INDUSTRIALS2,465$365.3K<0.1%+824+50.2%Added–
AJGArthur J. Gallagher & Co.COM1,407$364.1K<0.1%−33−2.3%ReducedHistory
TTTrane Technologies plcSHS926$360.4K<0.1%+36+4.0%AddedHistory
AHRAmerican Healthcare REIT, Inc.COM SHS7,653$360.2K<0.1%−124−1.6%ReducedHistory
BROBrown & Brown, Inc.Stock4,508$359.3K<0.1%+139+3.2%AddedHistory
J P Morgan Exchange-Traded F46641Q407JPMORGAN DIVER2,896$358.9K<0.1%−49−1.7%Reduced–
Innovator ETFs Trust45782C391US EQTY BUFR MAR6,706$355.7K<0.1%−7−0.1%Reduced–
Innovator ETFs Trust45782C755US EQTY BUFR JUN7,602$355.3K<0.1%−333−4.2%Reduced–
Innovator ETFs Trust45782C581US EQTY BUF NOV7,980$354.8K<0.1%+37+0.5%Added–
GSKGSK plcADR7,220$354.1K<0.1%+533+8.0%AddedHistory
Amplify Blockchain Technology ETF032108607ETF6,221$353.9K<0.1%−2,583−29.3%Reduced–
SPDR Series Trust78464A821ST STR SP400GRW3,829$353.9K<0.1%+125+3.4%Added–
LHLabcorp Holdings Inc.Stock1,409$353.5K<0.1%+25+1.8%AddedHistory
iShares Tr46434V456MSCI INTL QUALTY7,738$351.7K<0.1%+7,738New–
Innovator ETFs Trust45783Y269INNOVATOR GW 10011,157$351.6K<0.1%−7,379−39.8%Reduced–
iShares U S ETF Tr46431W838SHOR MAT MUN ETF6,938$349.1K<0.1%+71+1.0%Added–
State Street SPDR Bloomberg Emerging Markets Local Bond ETF78464A391ETF16,300$348.3K<0.1%+966+6.3%Added–
iShares Tr46435U218ESG MSCI LEADR2,866$347.5K<0.1%−91−3.1%Reduced–

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%–