Latest Ironwood Investment Counsel, LLC Stock Portfolio

Ironwood Investment Counsel, LLC Performance:

2025 Q3: 3.86%YTD: 6.48%2024: 11.55%

Performance for 2025 Q3 is 3.86%, and YTD is 6.48%, and 2024 is 11.55%.

About Ironwood Investment Counsel, LLC and 13F Hedge Fund Stock Holdings

Ironwood Investment Counsel, LLC is a hedge fund based in SCOTTSDALE, AZ. On 15-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.2 Billions. In it's latest 13F Holdings report, Ironwood Investment Counsel, LLC reported an equity portfolio of $685.9 Millions as of 30 Sep, 2025.

The top stock holdings of Ironwood Investment Counsel, LLC are MSFT, FNDA, AAPL. The fund has invested 6.5% of it's portfolio in MICROSOFT and 4.7% of portfolio in SCHWAB FUNDEMENTAL US SMALL COMPANY ETF.

The fund managers got completely rid off INVESCO CURRENCYSHARES EURO CURRENCY (FXE), TARGET (TGT) and MARKEL CORPORATION (MKL) stocks. They significantly reduced their stock positions in S&P GLOBAL INC (SPGI), WILLIS TOWERS WATSON PLC (WTW) and VANGUARD TOTAL STOCK MARKET ETF (VB). Ironwood Investment Counsel, LLC opened new stock positions in ALPHABET INC CLASS A (GOOG), AMAZON.COM INC. (AMZN) and ADOBE SYSTEMS INC (ADBE). The fund showed a lot of confidence in some stocks as they added substantially to JPMORGAN ULTRA-SHORT INCOME ETF (BBAX), THE TRADE DESK INC (TTD) and PINNACLE WEST CAPITAL CP (PNW).

Ironwood Investment Counsel, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Ironwood Investment Counsel, LLC made a return of 3.86% in the last quarter. In trailing 12 months, it's portfolio return was 6.93%.

New Buys

Ticker	$ Bought
alphabet inc class a	18,245,500
amazon.com inc.	15,610,700
adobe systems inc	6,563,290
alphabet inc class c	4,197,440
amdocs limited	2,640,900
elevance health inc	2,550,030
air prod & chemicals inc	1,688,900
advanced micro devices	688,092

New stocks bought by Ironwood Investment Counsel, LLC

Additions

Ticker	% Inc.
jpmorgan ultra-short income etf	445
jpmorgan ultra-short municipal inc etf	245
the trade desk inc	153
pinnacle west capital cp	107
schwab u.s. dividend equity etf	88.12
ishares russell midcap value	74.31
communication services sel sect spdr etf	71.14
powershares qqq	43.67

Additions to existing portfolio by Ironwood Investment Counsel, LLC

Reductions

Ticker	% Reduced
s&p global inc	-97.08
willis towers watson plc	-84.01
vanguard total stock market etf	-73.25
exxon mobil	-71.75
ch robinson worldwide inc.	-63.48
clarivate plc	-56.67
capital one financial	-50.04
mastercard	-48.77

Ironwood Investment Counsel, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
leslie's inc	-9,323
vanguard intmdt-term trs etf	-210,531
target	-344,603
invesco currencyshares euro currency	-362,270
novo-nordisk a-s adr	-205,748
spdr barclays 1-3 month t-bill etf	-222,903
ishares mbs	-205,525
cencora inc	-202,998

Ironwood Investment Counsel, LLC got rid off the above stocks

Sector Distribution

Ironwood Investment Counsel, LLC has about 26.4% of it's holdings in Others sector.

Sector	%
Others	26.4
Technology	23.7
Financial Services	11.1
Healthcare	8.1
Industrials	7
Consumer Defensive	6.6
Communication Services	6.5
Consumer Cyclical	6.3
Utilities	1.5
Basic Materials	1.4
Energy	1.2

Market Cap. Distribution

Ironwood Investment Counsel, LLC has about 72.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	38.2
MEGA-CAP	34.1
UNALLOCATED	26.4
MID-CAP	1.2

Stocks belong to which Index?

About 71.3% of the stocks held by Ironwood Investment Counsel, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	71.3
Others	28.4

Top 5 Winners (%)		%
LPTH	lightpath technologies inc	157.5 %
GLW	corning inc	56.0 %
TER	teradyne, inc.	47.5 %
INTC	intel corporation	46.6 %
MCK	mckesson corp	41.6 %

Top 5 Winners ($)		$
AAPL	apple	6.4 M
MA	mastercard	3.8 M
CMI	cummins inc	2.3 M
MCK	mckesson corp	2.2 M
JNJ	johnson & johnson	2.1 M

Top 5 Losers (%)		%
T	at&t	-55.2 %
SFM	sprouts farmers market inc	-33.8 %
CARR	carrier global corp	-17.8 %
ISRG	intuitive surgical new	-17.7 %
UPS	united parcel service b	-16.5 %

Top 5 Losers ($)		$
T	at&t	-5.3 M
ACN	accenture plc	-1.5 M
UPS	united parcel service b	-1.0 M
XOM	exxon mobil	-0.8 M
SPGI	s&p global inc	-0.7 M

Ironwood Investment Counsel, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Ironwood Investment Counsel, LLC

Ironwood Investment Counsel, LLC has 260 stocks in it's portfolio. About 29.9% of the portfolio is in top 10 stocks. T proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Ironwood Investment Counsel, LLC last quarter.

Last Reported on: 05 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple	4.62	124,413	31,679,300	reduced	-3.55

AAXJ	ishares msci eafe value index	0.43	40,825	2,951,830	reduced	-3.95

AAXJ	ishares msci eafe growth index	0.24	14,629	1,666,060	reduced	-0.17

AAXJ	ishares iboxx high yield corporate bond etf	0.24	20,161	1,636,880	added	0.6

AAXJ	ishares msci acwi ex us index	0.13	13,349	867,818	unchanged	0.00

AAXJ	ishares us aerospace & defense	0.04	1,299	271,942	added	12.56

AAXJ	ishares mbs	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.39	11,498	2,662,440	reduced	-3.94

ABC	cencora inc	0.00	0.00	0.00	sold off	-100

ACN	accenture plc	1.11	30,811	7,597,990	added	9.78

ACWF	ishares core dividend growth etf	0.03	2,998	204,104	reduced	-15.21

ADBE	adobe systems inc	0.96	18,606	6,563,290	new

ADP	auto data processing	0.27	6,269	1,840,150	reduced	-0.59

AEE	ameren corp	0.07	4,624	482,715	unchanged	0.00

AEP	amer electric pwr co inc	0.08	4,788	538,650	reduced	-3.04

AFG	american fin group oh	0.03	1,378	200,802	new

AGZD	wisdomtree midcap div	0.10	13,012	680,571	added	12.33

AJG	gallagher arthur j & co	0.00	0.00	0.00	sold off	-100

ALL	allstate corporation	0.05	1,494	320,687	new

AMD	advanced micro devices	0.10	4,253	688,092	new