Ironwood Investment Counsel, LLC

Registered adviser

CIK

1330463

Location

SCOTTSDALE, AZ

Portfolio Value

Small $680,138,495

Diversification

Diversified

Filing Date

Global Rank

#3,089 / 8,807 ▼ 213

Top Industry

Semiconductors 6.6%

Period ended 4 months ago

Filed Aug 6, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 110623

Roster of Oct 1, 2026

Regulatory AUM

$1,757,391,038

Main clients

Individuals and high net worth (90% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$1,757,391,038	Individuals and high net worth (90%)
Apr 2025 to Mar 2026	$1,511,170,253	Individuals and high net worth (89%)
Apr 2024 to Mar 2025	$1,400,440,770	Individuals and high net worth (89%)
May 2023 to Mar 2024	$1,179,401,550	Individuals and high net worth (96%)
Apr 2023	$1,179,401,550	Individuals and high net worth (96%)
Apr 2022 to Mar 2023	$1,264,043,811	Individuals and high net worth (96%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 36.0%, 46.3 effective positions, active share 55.5% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

26.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 20.2 quarters (12+), a floor since 54.5% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 55.5%; sector active share 14.9% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

261 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

8.2%

+0.4 pts

Top 5

24.6%

−0.0 pts

Top 10

36.0%

+0.3 pts

HHI

216

Diversified+7

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	26.9%	$182,761,293	44
Unclassified	20.1%	$136,530,801	66
Financial Services	11.6%	$78,668,394	34
Consumer Defensive	7.9%	$53,887,370	20
Industrials	7.5%	$51,080,181	36
Communication Services	7.5%	$51,072,689	9
Healthcare	7.4%	$50,323,673	17
Consumer Cyclical	5.9%	$39,939,430	8
Basic Materials	1.8%	$11,980,566	8
Utilities	1.7%	$11,891,694	12
Energy	1.1%	$7,784,723	5
Real Estate	0.6%	$4,217,681	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
JMST	JPMorgan Ultra-Short Municipal Income ETF	+65,712	104,355	$5,322,105
FNDX	Schwab Fundamental U.S. Large Company ETF	+42,350	563,849	$17,535,703
KLAC	Kla Corp	+40,048	44,974	$13,569,105
NOW	ServiceNow, Inc.	+31,679	54,629	$5,423,567
CMCSA	Comcast Corp	+18,019	245,297	$6,022,041
CRM	Salesforce, Inc.	+17,588	40,315	$6,315,747
CCI	Crown Castle Inc.	+13,352	55,104	$4,173,025
ACN	Accenture plc	+12,953	59,493	$7,403,308
VO	VANGUARD MID-CAP INDEX FUND	+12,323	16,478	$1,327,632
GIS	General Mills Inc	+9,656	30,636	$1,066,132
T	At&T Inc.	+8,851	111,883	$2,315,978
BEN	Franklin Templeton Inc	+8,055	51,976	$1,729,241
INTU	Intuit Inc.	+7,457	17,918	$4,676,598
BKNG	Booking Holdings Inc.	+5,565	5,800	$1,033,792
ES	Eversource Energy	+5,505	27,034	$1,953,747
IWF	iShares Russell 1000 Growth ETF	+5,405	6,843	$0
UPS	United Parcel Service Inc	+5,371	71,478	$7,683,885
SCHD	Schwab U.S. Dividend Equity ETF	+4,456	61,335	$1,944,932
DG	Dollar General Corp	+4,339	46,735	$5,379,665
SYY	Sysco Corp	+4,284	124,169	$10,378,045
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+4,141	4,710	$562,939
MDLZ	Mondelez International, Inc.	+3,904	34,301	$1,983,969
SCHX	Schwab U.S. Large-Cap ETF	+3,780	26,632	$783,779
VZ	Verizon Communications Inc	+3,735	56,412	$2,388,484
VUG	VANGUARD GROWTH INDEX FUND	+3,430	4,178	$359,892
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
FNDA	Schwab Strategic Trust	−33,047	907,290	$34,531,457
WDAY	Workday, Inc.	−32,616	2,332	$285,483
ADBE	Adobe Inc.	−22,709	2,706	$554,784
DOX	Amdocs Ltd	−8,149	29,883	$1,510,286
FPE	First Trust Preferred Securities and Income ETF	−7,468	338,684	$6,055,669
AKRE	Professionally Managed Portfolios	−6,178	342,562	$18,220,872
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	−4,759	8,621	$923,567
HYD	VanEck High Yield Muni ETF	−3,323	61,014	$3,142,831
GOOGL	Alphabet Inc.	−3,219	61,393	$21,940,016
HON	Honeywell International Inc	−3,078	3,006	$673,043
VRP	Invesco Ltd.	−2,921	9,721	$236,317
WMB	Williams Companies, Inc.	−2,800	3,942	$293,048
AGG	iShares Core U.S. Aggregate Bond ETF	−2,544	18,785	$0
HUBB	Hubbell Inc	−2,520	1,825	$954,840
TER	Teradyne, Inc	−2,464	22,848	$11,054,776
PFE	Pfizer Inc	−2,238	15,465	$372,397
PNW	Pinnacle West Capital Corp	−2,168	10,643	$1,138,801
CMI	Cummins Inc	−1,936	10,802	$7,704,094
PEP	Pepsico Inc	−1,768	47,118	$6,379,777
ISTB	iShares Core 1-5 Year USD Bond ETF	−1,632	16,030	$0
GLW	Corning Inc /Ny	−1,487	21,867	$5,585,487
XLF	State Street Corp	−1,342	4,683	$251,055
WFC	Wells Fargo & Company/Mn	−1,277	5,961	$492,617
PEG	Public Service Enterprise Group Inc	−1,238	3,114	$252,732
SCHW	Schwab Charles Corp	−1,206	125,392	$11,569,919
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	2,989	$660,808
CL	Colgate Palmolive Co	6,750	$618,840
AMAT	Applied Materials Inc /De	627	$453,321
FORM	Formfactor Inc	2,000	$319,860
ICHR	Ichor Holdings, Ltd.	2,689	$301,920
PANW	Palo Alto Networks Inc	837	$285,433
URI	United Rentals, Inc.	245	$277,558
ATI	Ati Inc	1,283	$252,879
MTRN	MATERION Corp	843	$250,699
COHU	Cohu Inc	2,833	$209,387
SNPS	Synopsys Inc	456	$203,407
CPSH	Cps Technologies Corp/De/	27,500	$151,800
IJT	iShares S&P Small-Cap 600 Growth ETF	1,149	$0
SOXX	iShares Semiconductor ETF	427	$0
DGRO	iShares Core Dividend Growth ETF	47,522	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

11 positions

Ticker	Company	Shares	Value
TTD	Trade Desk, Inc.	92,713	$2,103,657
PLTR	Palantir Technologies Inc.	4,975	$727,743
CIEN	Ciena Corp	788	$305,925
ED	Consolidated Edison Inc	2,284	$258,503
TSEM	Tower Semiconductor Ltd	1,384	$242,864
PHYS	Sprott Physical Gold Trust	6,520	$231,068
COHR	Coherent Corp.	969	$230,825
NEM	NEWMONT Corp /DE/	2,029	$219,639
NKE	NIKE, Inc.	3,954	$208,850
COP	Conocophillips	1,580	$208,560
ZBH	Zimmer Biomet Holdings, Inc.	2,301	$208,056
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

261 tracked positions · $680,138,495 total · filing declares 269 positions · $762,190,496 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 261 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	120,730	-910	$34,934,432	+13.2%	26+	before history	5.14%
FNDA	Schwab Strategic Trust	Reduced	907,290	-33,047	$34,531,457	+13.2%	19	unpriced	5.08%
MSFT	Microsoft Corp Technology	Reduced	81,764	-217	$30,499,607	+0.5%	26+	before history	4.48%
GOOGL	Alphabet Inc. Communication Services	Reduced	61,393	-3,219	$21,940,016	+18.1%	4	$209.46	3.23%
AKRE	Professionally Managed Portfolios	Reduced	342,562	-6,178	$18,220,872	−1.1%	3	$64.65	2.68%
FNDX	Schwab Fundamental U.S. Large Company ETF	Added	563,849	+42,350	$17,535,703	+20.7%	26+	before history	2.58%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	72,532	-222	$17,287,276	+14.1%	4	$226.24	2.54%
JNJ	Johnson & Johnson Healthcare	Added	63,795	+721	$16,202,016	+5.1%	26+	before history	2.38%
KLAC	Kla Corp Technology	Added	44,974	+40,048	$13,569,105	+87.1%	23	$33.55	2.00%
AXP	American Express Co Financial Services	Reduced	37,095	-195	$12,547,383	+11.2%	26+	before history	1.84%
SCHW	Schwab Charles Corp Financial Services	Reduced	125,392	-1,206	$11,569,919	−2.8%	26+	before history	1.70%
JPST	JPMorgan Ultra-Short Income ETF	Added	223,060	+778	$11,280,144	+0.3%	25	unpriced	1.66%
TER	Teradyne, Inc Technology	Reduced	22,848	-2,464	$11,054,776	+47.3%	19	$114.47	1.63%
SYY	Sysco Corp Consumer Defensive	Added	124,169	+4,284	$10,378,045	+21.4%	26+	before history	1.53%
MA	Mastercard Inc Financial Services	Added	19,417	+334	$9,972,571	+4.6%	26+	before history	1.47%
QCOM	Qualcomm Inc/De Technology	Added	53,528	+613	$9,891,439	+45.2%	26+	before history	1.45%
USB	US Bancorp De Financial Services	Added	157,862	+3,095	$9,534,864	+18.5%	26+	before history	1.40%
JPM	Jpmorgan Chase & Co Financial Services	Added	29,069	+381	$9,515,155	+12.8%	26+	before history	1.40%
LMT	Lockheed Martin Corp Industrials	Added	18,356	+1,024	$9,351,647	−10.7%	26+	before history	1.37%
AVGO	Broadcom Inc. Technology	Added	23,390	+169	$8,835,572	+22.9%	26+	before history	1.30%
NVDA	Nvidia Corp Technology	Added	39,561	+2,807	$7,915,760	+23.5%	14	$61.86	1.16%
BUD	Anheuser-Busch InBev SA/NV Consumer Defensive	Added	93,717	+1,099	$7,722,280	+20.2%	9	$61.84	1.14%
CMI	Cummins Inc Industrials	Reduced	10,802	-1,936	$7,704,094	+12.4%	26+	before history	1.13%
UPS	United Parcel Service Inc Industrials	Added	71,478	+5,371	$7,683,885	+18.1%	26+	before history	1.13%
AMGN	Amgen Inc Healthcare	Added	20,809	+1,373	$7,535,355	+10.2%	26+	before history	1.11%
ACN	Accenture plc Technology	Added	59,493	+12,953	$7,403,308	−19.8%	26+	before history	1.09%
CTVA	Corteva, Inc. Basic Materials	Added	84,523	+734	$7,158,252	+2.1%	18	$57.52	1.05%
LOW	Lowes Companies Inc Consumer Cyclical	Added	29,792	+914	$6,568,838	−3.7%	26+	before history	0.97%
PEP	Pepsico Inc Consumer Defensive	Reduced	47,118	-1,768	$6,379,777	−16.0%	26+	before history	0.94%
CRM	Salesforce, Inc. Technology	Added	40,315	+17,588	$6,315,747	+48.9%	14	$195.31	0.93%
FPE	First Trust Preferred Securities and Income ETF	Reduced	338,684	-7,468	$6,055,669	−1.4%	26+	before history	0.89%
IBM	International Business Machines Corp Technology	Reduced	21,510	-782	$6,048,827	+11.9%	26+	before history	0.89%
CMCSA	Comcast Corp Communication Services	Added	245,297	+18,019	$6,022,041	−7.7%	26+	before history	0.89%
DIS	Walt Disney Co Communication Services	Added	62,038	+1,303	$5,971,157	+2.0%	26+	before history	0.88%
GOOG	Alphabet Inc. Communication Services	Added	16,537	+295	$5,843,018	+25.4%	4	$212.82	0.86%
GLW	Corning Inc /Ny Technology	Reduced	21,867	-1,487	$5,585,487	+75.9%	18	$35.19	0.82%
HD	Home Depot, Inc. Consumer Cyclical	Added	15,530	+320	$5,477,120	+9.5%	26+	before history	0.81%
NOW	ServiceNow, Inc. Technology	Added	54,629	+31,679	$5,423,567	+126.0%	2	$106.84	0.80%
DG	Dollar General Corp Consumer Defensive	Added	46,735	+4,339	$5,379,665	+6.9%	11	$109.71	0.79%
JMST	JPMorgan Ultra-Short Municipal Income ETF	Added	104,355	+65,712	$5,322,105	+170.2%	25	unpriced	0.78%
TSLA	Tesla, Inc. Consumer Cyclical	Added	12,451	+277	$5,236,890	+15.7%	25	unpriced	0.77%
CAH	Cardinal Health Inc Healthcare	Reduced	20,768	-856	$4,933,646	+8.0%	26+	before history	0.73%
OGE	Oge Energy Corp. Utilities	Held	100,289	0	$4,880,062	+1.5%	26+	before history	0.72%
ELV	Elevance Health, Inc. Healthcare	Added	12,386	+595	$4,790,037	+38.8%	4	$320.85	0.70%
INTU	Intuit Inc. Technology	Added	17,918	+7,457	$4,676,598	+3.4%	13	unpriced	0.69%
CSCO	Cisco Systems, Inc. Technology	Reduced	39,232	-630	$4,608,190	+49.0%	26+	before history	0.68%
XOM	ExxonMobil Holdings Corp Energy	Reduced	33,141	-461	$4,531,037	−20.5%	26+	before history	0.67%
MCK	Mckesson Corp Healthcare	Reduced	5,861	-150	$4,428,571	−14.9%	26+	before history	0.65%
LLY	ELI LILLY & Co Healthcare	Added	3,573	+218	$4,285,563	+38.9%	26+	before history	0.63%
HSY	Hershey Co Consumer Defensive	Added	24,291	+1,737	$4,261,855	−9.1%	11	$189.39	0.63%

Showing the top 50 of 261 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.