# Iron Horse Wealth Management, LLC

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 1836270. Source: https://holderbook.com/funds/1836270-iron-horse-wealth-management-llc/

- Reported value: $339.0M
- Positions: 591
- Weight of the ten largest: 70.2%
- Filed: 2025-07-22

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 |
|---|---|---|---|---|---|
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $35.8M | 268,260 | 10.5% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $35.0M | 690,854 | 10.3% | 19 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $34.0M | 85,811 | 10.0% | 12 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $23.1M | 405,739 | 6.8% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $23.1M | 37,393 | 6.8% | 19 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $22.1M | 546,648 | 6.5% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $17.8M | 312,226 | 5.2% | 11 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $15.8M | 56,640 | 4.7% | 19 |
| J P MORGAN EXCHANGE TRADED F | [BBAG](https://holderbook.com/stocks/BBAG/) | $15.7M | 340,534 | 4.6% | 9 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $15.4M | 64,955 | 4.5% | 19 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $15.2M | 183,621 | 4.5% | 19 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $14.6M | 133,464 | 4.3% | 19 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $13.2M | 267,242 | 3.9% | 19 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $10.8M | 65,935 | 3.2% | 19 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $8.8M | 96,584 | 2.6% | 2 |
| GLOBAL X FDS | [PFFD](https://holderbook.com/stocks/PFFD/) | $5.7M | 304,662 | 1.7% | 19 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $1.9M | 9,784 | 0.6% | 19 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $1.5M | 27,903 | 0.4% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.2M | 2,504 | 0.4% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.2M | 5,906 | 0.4% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.1M | 1,854 | 0.3% | 8 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $914.3K | 1,595 | 0.3% | 6 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $759.6K | 7,969 | 0.2% | 19 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $742.7K | 9,270 | 0.2% | 19 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $642.6K | 1,035 | 0.2% | 11 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $641.4K | 1,463 | 0.2% | 19 |
| GLOBAL X FDS | [XYLD](https://holderbook.com/stocks/XYLD/) | $583.1K | 14,974 | 0.2% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $543.7K | 1,093 | 0.2% | 11 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $530.4K | 7,117 | 0.2% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $519.2K | 3,399 | 0.2% | 19 |
| ALLIANT ENERGY CORP | [LNT](https://holderbook.com/stocks/LNT/) | $447.2K | 7,395 | 0.1% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $411.9K | 558 | 0.1% | 8 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $401.2K | 7,852 | 0.1% | 19 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $364.6K | 5,154 | 0.1% | 19 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $353.1K | 2,489 | 0.1% | 12 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $326.9K | 1,048 | 0.1% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $316.2K | 1,091 | 0.1% | 19 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $313.4K | 616 | 0.1% | 19 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $300.6K | 7,083 | 0.1% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $298.5K | 1,874 | 0.1% | 19 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $292.2K | 1,653 | 0.1% | 19 |
| PRINCIPAL FINANCIAL GROUP IN | [PFG](https://holderbook.com/stocks/PFG/) | $285.1K | 3,589 | 0.1% | 19 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $277.7K | 942 | 0.1% | 19 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $268.7K | 4,333 | 0.1% | 8 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $257.7K | 2,358 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $257.5K | 2,891 | 0.1% | 19 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $257.4K | 2,387 | 0.1% | 19 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $256.8K | 845 | 0.1% | 6 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $250.0K | 2,728 | 0.1% | 19 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $244.4K | 3,327 | 0.1% | 13 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $231.4K | 1,520 | 0.1% | 19 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $230.3K | 410 | 0.1% | 5 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $226.1K | 2,144 | 0.1% | 11 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $219.2K | 3,910 | 0.1% | 11 |
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $212.7K | 6,900 | 0.1% | 19 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $203.7K | 639 | 0.1% | 19 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $195.6K | 760 | 0.1% | 13 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $184.2K | 1,354 | 0.1% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $173.8K | 792 | 0.1% | 19 |
| F&G ANNUITIES & LIFE INC | [FG](https://holderbook.com/stocks/FG/) | $167.0K | 5,222 | 0.0% | 10 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $164.0K | 704 | 0.0% | 19 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $150.2K | 1,049 | 0.0% | 19 |
| SPDR SERIES TRUST | [MDYV](https://holderbook.com/stocks/MDYV/) | $148.6K | 1,871 | 0.0% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $148.3K | 1,517 | 0.0% | 11 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $147.4K | 1,805 | 0.0% | 5 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $145.9K | 513 | 0.0% | 19 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $145.6K | 3,076 | 0.0% | 10 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $145.2K | 497 | 0.0% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $142.7K | 402 | 0.0% | 5 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $139.0K | 502 | 0.0% | 19 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $134.5K | 1,580 | 0.0% | 11 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $130.3K | 3,011 | 0.0% | 19 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $129.3K | 4,847 | 0.0% | 17 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $126.7K | 4,378 | 0.0% | 19 |
| CONAGRA BRANDS INC | [CAG](https://holderbook.com/stocks/CAG/) | $126.5K | 6,178 | 0.0% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $124.8K | 704 | 0.0% | 5 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $123.6K | 4,664 | 0.0% | 5 |
| TRACTOR SUPPLY CO | [TSCO](https://holderbook.com/stocks/TSCO/) | $123.5K | 2,340 | 0.0% | 11 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $123.4K | 1,421 | 0.0% | 19 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $120.1K | 378 | 0.0% | 19 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $118.5K | 4,031 | 0.0% | 19 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $117.7K | 427 | 0.0% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $116.8K | 739 | 0.0% | 8 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $116.4K | 266 | 0.0% | 2 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $115.3K | 423 | 0.0% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $113.8K | 646 | 0.0% | 11 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $108.4K | 980 | 0.0% | 19 |
| LAMB WESTON HLDGS INC | [LW](https://holderbook.com/stocks/LW/) | $103.6K | 1,998 | 0.0% | 6 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $103.1K | 2,278 | 0.0% | 10 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $95.9K | 247 | 0.0% | 19 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $95.9K | 1,302 | 0.0% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $93.7K | 760 | 0.0% | 2 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $92.5K | 417 | 0.0% | 19 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $92.5K | 3,613 | 0.0% | 19 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $89.3K | 233 | 0.0% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $88.4K | 476 | 0.0% | 11 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $88.1K | 662 | 0.0% | 2 |
| CARLYLE GROUP INC | [CG](https://holderbook.com/stocks/CG/) | $85.5K | 1,664 | 0.0% | 1 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $84.9K | 1,065 | 0.0% | 19 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $83.8K | 920 | 0.0% | 2 |

## 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 2025 | +5.8% | +10.5% | -4.7% | 100% |
| Q1 2025 | -0.7% | -4.6% | +3.8% | 100% |
| Q4 2024 | -2.3% | +2.1% | -4.5% | 100% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 100% |
| Q2 2024 | -0.2% | +4.0% | -4.2% | 100% |
| Q1 2024 | +5.2% | +10.0% | -4.8% | 100% |
| Q4 2023 | +8.4% | +11.2% | -2.8% | 100% |
| Q3 2023 | -3.9% | -3.6% | -0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $339.0M | 591 |
| Q1 2025 | $311.5M | 596 |
| Q4 2024 | $298.0M | 509 |
| Q3 2024 | $292.6M | 507 |
| Q2 2024 | $261.8M | 487 |
| Q1 2024 | $253.0M | 469 |
| Q4 2023 | $228.7M | 498 |
| Q3 2023 | $203.7M | 507 |
| Q2 2023 | $203.6M | 319 |
| Q1 2023 | $200.2M | 359 |
| Q4 2022 | $185.2M | 235 |
| Q3 2022 | $69.3M | 128 |