# Ironwood Investment Counsel, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1330463. Source: https://holderbook.com/funds/1330463-ironwood-investment-counsel-llc/

- Reported value: $762.2M
- Positions: 267
- Weight of the ten largest: 28.5%
- Filed: 2026-08-06

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $34.9M | 120,730 | 4.6% | 31 |
| SCHWAB STRATEGIC TR | [FNDA](https://holderbook.com/stocks/FNDA/) | $34.5M | 907,290 | 4.5% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $30.5M | 81,764 | 4.0% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $21.9M | 61,393 | 2.9% | 4 |
| PROFESIONALLY MANAGED PORTFO | [AKRE](https://holderbook.com/stocks/AKRE/) | $18.2M | 342,562 | 2.4% | 3 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $17.5M | 563,849 | 2.3% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $17.3M | 72,532 | 2.3% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $16.2M | 63,795 | 2.1% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $13.6M | 44,974 | 1.8% | 23 |
| Berkshire Hathaway Cl B | [BRK-A](https://holderbook.com/stocks/BRK-A/) | $12.7M | 25,472 | 1.7% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $12.5M | 37,095 | 1.6% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $11.6M | 125,392 | 1.5% | 31 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $11.3M | 223,060 | 1.5% | 25 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $11.1M | 22,848 | 1.5% | 19 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $10.4M | 124,169 | 1.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $10.0M | 19,417 | 1.3% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $9.9M | 53,528 | 1.3% | 30 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $9.9M | 13,185 | 1.3% | 31 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $9.5M | 157,862 | 1.3% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $9.5M | 29,069 | 1.2% | 31 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $9.4M | 38,693 | 1.2% | 22 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $9.4M | 18,356 | 1.2% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $8.8M | 23,390 | 1.2% | 27 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.9M | 39,561 | 1.0% | 14 |
| ANHEUSER BUSCH INBEV SA/NV | [BUD](https://holderbook.com/stocks/BUD/) | $7.7M | 93,717 | 1.0% | 9 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $7.7M | 10,802 | 1.0% | 29 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $7.7M | 71,478 | 1.0% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $7.5M | 20,809 | 1.0% | 27 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $7.4M | 59,493 | 1.0% | 31 |
| Medtronic Inc | - | $7.3M | 93,385 | 1.0% | 31 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $7.2M | 84,523 | 0.9% | 18 |
| LABORATORY CORP AMER HLDGS | [LH](https://holderbook.com/stocks/LH/) | $7.0M | 24,995 | 0.9% | 15 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $6.6M | 29,792 | 0.9% | 29 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $6.4M | 47,118 | 0.8% | 31 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $6.3M | 40,315 | 0.8% | 14 |
| Merck & Co Inc | - | $6.1M | 47,608 | 0.8% | 31 |
| FIRST TR EXCH TRADED FD III | [FPE](https://holderbook.com/stocks/FPE/) | $6.1M | 338,684 | 0.8% | 28 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $6.0M | 21,510 | 0.8% | 31 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $6.0M | 245,297 | 0.8% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $6.0M | 62,038 | 0.8% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $5.8M | 16,537 | 0.8% | 4 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $5.6M | 21,867 | 0.7% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $5.5M | 15,530 | 0.7% | 31 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $5.4M | 54,629 | 0.7% | 2 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $5.4M | 46,735 | 0.7% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $5.3M | 104,355 | 0.7% | 25 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $5.2M | 12,451 | 0.7% | 25 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $4.9M | 20,768 | 0.6% | 31 |
| OGE ENERGY CORP | [OGE](https://holderbook.com/stocks/OGE/) | $4.9M | 100,289 | 0.6% | 31 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $4.8M | 12,386 | 0.6% | 4 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $4.7M | 17,918 | 0.6% | 13 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $4.6M | 39,232 | 0.6% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $4.5M | 33,141 | 0.6% | 31 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $4.4M | 5,861 | 0.6% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $4.3M | 3,573 | 0.6% | 31 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $4.3M | 47,522 | 0.6% | 1 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $4.3M | 24,291 | 0.6% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.2M | 7,425 | 0.5% | 31 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $4.2M | 55,104 | 0.5% | 22 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $4.1M | 13,467 | 0.5% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.0M | 5,375 | 0.5% | 20 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $3.8M | 18,033 | 0.5% | 23 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $3.7M | 5,406 | 0.5% | 20 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $3.6M | 3,901 | 0.5% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.6M | 24,582 | 0.5% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.5M | 30,953 | 0.5% | 31 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $3.4M | 41,517 | 0.4% | 15 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.2M | 2,965 | 0.4% | 31 |
| VANECK ETF TRUST | [HYD](https://holderbook.com/stocks/HYD/) | $3.1M | 61,014 | 0.4% | 11 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $2.8M | 39,261 | 0.4% | 15 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $2.7M | 16,336 | 0.4% | 15 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.6M | 7,672 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.5M | 6,818 | 0.3% | 29 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.5M | 3,346 | 0.3% | 28 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $2.4M | 5,567 | 0.3% | 15 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $2.4M | 56,412 | 0.3% | 31 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $2.4M | 28,801 | 0.3% | 12 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $2.3M | 7,909 | 0.3% | 4 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $2.3M | 3,987 | 0.3% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $2.3M | 111,883 | 0.3% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $2.3M | 9,119 | 0.3% | 31 |
| OMNICOM GROUP INC | [OMC](https://holderbook.com/stocks/OMC/) | $2.2M | 29,831 | 0.3% | 25 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.2M | 13,050 | 0.3% | 31 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $2.1M | 13,372 | 0.3% | 13 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.0M | 14,655 | 0.3% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.0M | 7,363 | 0.3% | 31 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $2.0M | 34,301 | 0.3% | 31 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $2.0M | 27,034 | 0.3% | 5 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.9M | 61,335 | 0.3% | 30 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $1.9M | 15,338 | 0.3% | 15 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $1.9M | 18,785 | 0.2% | 25 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.8M | 7,591 | 0.2% | 31 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $1.8M | 18,208 | 0.2% | 25 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.8M | 21,802 | 0.2% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $1.8M | 4,135 | 0.2% | 25 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $1.8M | 11,557 | 0.2% | 12 |
| FRANKLIN RESOURCES INC | [BEN](https://holderbook.com/stocks/BEN/) | $1.7M | 51,976 | 0.2% | 26 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $1.7M | 15,138 | 0.2% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.7M | 3,559 | 0.2% | 14 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $1.7M | 26,188 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.0% | +14.8% | -5.8% | 99% |
| Q1 2026 | -3.8% | -4.6% | +0.8% | 99% |
| Q4 2025 | +2.5% | +2.4% | +0.1% | 100% |
| Q3 2025 | +4.5% | +7.8% | -3.4% | 104% |
| Q2 2025 | +6.7% | +10.5% | -3.7% | 100% |
| Q1 2025 | -2.8% | -4.6% | +1.7% | 100% |
| Q4 2024 | -0.2% | +2.1% | -2.3% | 100% |
| Q3 2024 | +5.7% | +5.4% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $762.2M | 267 |
| Q1 2026 | $694.2M | 263 |
| Q4 2025 | $716.1M | 266 |
| Q3 2025 | $685.9M | 262 |
| Q2 2025 | $647.2M | 256 |
| Q1 2025 | $578.9M | 240 |
| Q4 2024 | $584.4M | 246 |
| Q3 2024 | $600.6M | 256 |
| Q2 2024 | $559.9M | 257 |
| Q1 2024 | $573.3M | 257 |
| Q4 2023 | $534.9M | 253 |
| Q3 2023 | $475.1M | 244 |