IRON Financial LLC

Name: IRON Financial LLC 13F holdings, Q2 2025
Creator: IRON Financial LLC
Published: 2025-07-25

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), IRON Financial LLC reported 121 stock positions worth $188.9 million. Its top holding was Cme (CME) at 8.6% of the portfolio, followed by Apple (AAPL, 7.0%) and VG Morningstar TS MKT ETF-US (VTI, 6.2%). Compared with Q1 2025, it opened 12 new positions, sold out of 4, added to 71 and reduced 31. The biggest buy was a new position in iShares Core Dividend ETF (DIVB) and the biggest sale Hartford TTL RTRN BND ETF (HTRB, shares −5%).

Most Recent 13F: Q2 2026
Location: NORTHBROOK, IL
CIK: 0001595509
Portfolio Value: $188.9M (Q2 2025)
SEC Filing: 0001595509-25-000006 ↗ filed Jul 25, 2025

Holdings Value

Holdings 121 stocks · $188.9M


CME Cme Group Inc.	8.56%	58,696	$16.2M	Reduce -0.1%
AAPL Apple Inc.	7.05%	64,872	$13.3M	Add +0.3%
VTI VG Morningstar TS MKT ETF-US	6.21%	38,577	$11.7M	Add +0.9%
ISTB iShares Core 1-5 Year Usd Bo	5.69%	221,121	$10.8M	Add +0.9%
HTRB Hartford TTL RTRN BND ETF	5.55%	309,344	$10.5M	Reduce -5.1%
SPTM SS SPDR P S&P 1500 Comp ETF	5.21%	131,545	$9.9M	Reduce -1.0%
SPY SS SPDR S&P 500 ETF Trust-US	4.56%	13,945	$8.6M	Add +0.8%
SCHY Schwab International DVD ETF	3.57%	246,270	$6.7M	Add +3.1%
ACWV iShares MSCI Global Min Vol	3.34%	53,184	$6.3M	Reduce -5.4%
SCHP Schwab U.S. Tips ETF	3.16%	223,509	$6.0M	Reduce -2.7%
IBDR iShares Ibonds Dec 2026 Term	1.96%	152,633	$3.7M	Add +0.5%
MOAT Vaneck Morningstar Wide Moat	1.92%	38,742	$3.6M	Reduce -0.0%
SPSB SS SPDR P St C Corp. ETF	1.92%	119,968	$3.6M	Reduce -2.1%
IBDQ iShares Ibonds Dec 2025 Term	1.84%	138,227	$3.5M	Reduce -10.0%
MSFT Microsoft Corp.	1.79%	6,785	$3.4M	Reduce -5.6%
AMZN Amazon.com Inc.	1.62%	13,977	$3.1M	Add +0.8%
VGIT Vanguard Intermediate-Term T	1.52%	47,985	$2.9M	Reduce -9.0%
JPM JPMorgan Chase & Co.	1.39%	9,050	$2.6M	Add +0.7%
NVDA Nvidia Corp.	1.30%	15,598	$2.5M	Add +3.8%
CBOE Cboe Global Markets Inc.	1.28%	10,382	$2.4M	No change
FBND Fidelity Total Bond ETF	1.06%	43,808	$2.0M	Add +0.1%
VIG Vanguard Dividend Apprec ETF	1.02%	9,442	$1.9M	Add +30.9%
SPDW Ste STR SPDR PT DW Eu ETF	0.99%	46,417	$1.9M	Add +0.3%
SCHD Schwab US DVD Equity ETF	0.86%	61,655	$1.6M	Reduce -20.5%
JNJ Johnson & Johnson	0.86%	10,646	$1.6M	Add +0.6%
VXUS Vanguard Total Intl Stock	0.77%	21,046	$1.5M	Add +0.5%
USMV iShares MSCI USA Min Vol Fac	0.73%	14,681	$1.4M	Reduce -29.6%
SPEM State Street SP PTF Em ETF	0.68%	30,117	$1.3M	Add +1.6%
T AT&T Inc.	0.67%	43,465	$1.3M	Add +7.0%
CRWD CrowdStrike Holdings Inc. Class A	0.64%	2,390	$1.2M	Add +13.3%
QQQ Invesco QQQ Trust Series 1	0.61%	2,095	$1.2M	Add +10.8%
LTPZ PIMCO 15+ YR US Tips Indx	0.60%	21,454	$1.1M	Add +4.7%
JQUA JPMorgan US Quality Factor	0.58%	18,254	$1.1M	Add +92.8%
NEM Newmont Corp.	0.57%	18,575	$1.1M	Reduce -0.3%
MCD McDonald's Corp.	0.55%	3,586	$1.0M	Add +1.2%
NOW ServiceNow Inc.	0.52%	962	$989K	Add +1.8%
PG The Procter & Gamble Co.	0.52%	6,199	$988K	Add +1.0%
LIN Linde PLC	0.47%	1,896	$890K	Add +0.1%
DIVB iShares Core Dividend ETF	0.47%	17,547	$883K	New
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC	0.46%	4,844	$873K	Reduce -0.5%
IBIT iShares Bitcoin Trust ETF	0.44%	13,723	$840K	Add +26.5%
META Meta Platforms Inc. Class A	0.44%	1,123	$829K	Add +4.1%
UDR Udr Inc.	0.43%	19,730	$806K	Reduce -0.2%
LNT Alliant Energy Corp.	0.41%	12,845	$777K	Reduce -0.3%
IQLT iShares MSCI International Q	0.41%	17,885	$773K	Add +9.6%
STZ Constellation Brands Inc. Class A	0.40%	4,671	$760K	Reduce -0.2%
BRK.B Berkshire Hathaway Inc. Class B	0.40%	1,558	$757K	Add +23.9%
AMCR Amcor PLC	0.40%	81,847	$752K	Reduce -0.4%
MAA Mid-America Apartment Comm	0.40%	5,056	$748K	Reduce -0.1%
HODL Vaneck Bitcoin ETF	0.36%	22,355	$681K	Add +87.0%
SMOT Vaneck Morningstar Smid Moat	0.34%	18,601	$647K	Add +2.1%
ZBH Zimmer Biomet Holdings Inc.	0.32%	6,676	$609K	Reduce -0.3%
BSJQ Invesco Bulletshares 2026 HY	0.32%	25,719	$600K	Add +0.6%
CDW CDW Corp.	0.32%	3,333	$595K	Add +0.2%
ABBV Abbvie Inc.	0.31%	3,185	$591K	Add +26.8%
IVOO Vanguard S&P Mid-Cap 400 ETF	0.31%	5,515	$579K	Add +0.2%
GOOGL Alphabet Inc. Class A	0.30%	3,188	$562K	Add +7.3%
SCHB Schwab US Broad Market ETF	0.30%	23,509	$560K	Add +0.1%
D Dominion Energy Inc.	0.29%	9,821	$555K	Reduce -0.3%
BSJP Invesco Bulletshares 2025 HY	0.28%	23,312	$538K	Add +19.5%
FAST Fastenal Co.	0.28%	12,694	$533K	Reduce -0.3%
IWF iShares Russell 1000 Growth	0.28%	1,241	$527K	Add +10.7%
XOM Exxon Mobil Corp.	0.27%	4,697	$506K	Add +1.4%
EEMV iShares MSCI Emg MKT Min Vol	0.27%	8,048	$505K	Add +0.1%
COP Conocophillips	0.26%	5,441	$488K	Add +0.4%
DGRW Wisdomtree U.S. Quality Divi	0.25%	5,680	$476K	New
BIL SS SPDR BB 1-3M T-Bill ETF	0.25%	5,108	$469K	New
IWP iShares Russell Mid-Cap Grow	0.25%	3,376	$468K	Reduce -3.8%
WWD Woodward Inc.	0.25%	1,910	$468K	Add +0.1%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.24%	5,608	$453K	Add +0.0%
BX Blackstone Inc.	0.23%	2,965	$444K	Add +0.1%
WMT Walmart Inc.	0.21%	4,125	$403K	Add +1.8%
PLTR Palantir Technologies Inc. Class A	0.21%	2,925	$399K	Reduce -36.4%
TSLA Tesla Inc.	0.20%	1,199	$381K	Add +2.5%
COM Direxion Auspice BRD Cmdty	0.19%	12,706	$351K	Reduce -6.6%
VUG Vanguard Mrngstar GR ETF-Sui	0.18%	796	$349K	No change
GOVT iShares US Treasury Bond ETF	0.18%	14,715	$338K	Reduce -2.3%
VTEB Vanguard Tax-Exempt Bond ETF	0.18%	6,887	$338K	New
DLTR Dollar Tree Inc.	0.17%	3,316	$328K	Add +1.0%
V Visa Inc. Class A	0.17%	902	$320K	Add +2.4%
DVY iShares Select Dividend ETF	0.16%	2,318	$308K	Add +0.7%
ABT Abbott Laboratories	0.16%	2,262	$308K	Add +13.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.16%	1,037	$306K	Add +1.2%
INTC Intel Corp.	0.16%	13,525	$303K	Add +0.2%
SBUX Starbucks Corp.	0.16%	3,222	$295K	Add +9.0%
SCHF Schwab Intl Equity ETF	0.15%	13,070	$289K	Add +0.1%
CWS Advisorshares Equity Focused	0.15%	4,000	$280K	No change
USHY iShares Broad Usd High Yield	0.15%	7,453	$280K	No change
HD Home Depot Inc.	0.14%	736	$270K	Add +2.6%
KO The Coca-Cola Co.	0.14%	3,811	$270K	Add +1.8%
GOOG Alphabet Inc. Class C	0.14%	1,466	$260K	Add +1.9%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.14%	2,517	$258K	Add +1.4%
CMG Chipotle Mexican Grill Inc.	0.13%	4,500	$253K	No change
AXP American Express Co.	0.13%	792	$253K	Add +0.1%
VYMI Vanguard Int High DVD YLD Inc.	0.13%	3,124	$250K	Add +1.3%
BG Bunge Global SA	0.13%	3,105	$249K	Add +0.8%
MSCI MSCI Inc.	0.13%	427	$246K	Add +0.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.13%	1,927	$239K	New
HCA HCA Healthcare Inc.	0.13%	619	$237K	Reduce -1.3%
SGOL Abrdn Physical Gold Shares	0.12%	7,417	$234K	No change
BEN Franklin Templeton Inc.	0.12%	9,783	$233K	New
RL Ralph Lauren Corp.	0.12%	841	$231K	New
QCOM Qualcomm Inc.	0.12%	1,428	$227K	Add +0.1%
NUE Nucor Corp.	0.12%	1,749	$227K	Add +1.9%
TGT Target Corp.	0.12%	2,240	$221K	Reduce -0.5%
EFA iShares MSCI Eafe ETF	0.12%	2,443	$218K	Reduce -4.0%
GLD SPDR Gold Shares	0.12%	713	$217K	No change
PSA Public Storage	0.12%	740	$217K	Reduce -0.4%
EOG EOG Resources Inc.	0.11%	1,802	$216K	Add +3.0%
TPL Texas Pacific Land Corp.	0.11%	201	$212K	Add +2.5%
LYV Live Nation Entertainment Inc.	0.11%	1,390	$210K	New
NFLX Netflix Inc.	0.11%	157	$210K	New
USRT iShares Core US REIT ETF	0.11%	3,706	$210K	Add +0.6%
FANG Diamondback Energy Inc.	0.11%	1,518	$209K	Add +4.2%
LULU Lululemon Athletica Inc.	0.11%	875	$208K	Reduce -0.3%
CBRE CBRE Group Inc. Class A	0.11%	1,471	$206K	New
CSX CSX Corp.	0.11%	6,274	$205K	New
GLDM SPDR Gold Minishares Trust	0.11%	3,087	$202K	New
DVN Devon Energy Corp.	0.11%	6,344	$202K	Add +2.7%
CVX Chevron Corp.	0.11%	1,405	$201K	Add +0.5%
DNP DNP Select Income Fund Inc.	0.09%	17,114	$168K	Add +2.0%

Options reported separately and not counted above: META puts ($1.8M), MSFT puts ($746K), CRWV calls ($652K), AVAV calls ($427K), CRWV puts ($326K).

Portfolio Sells Q1 2025 → Q2 2025


HTRB Hartford TTL RTRN BND ETF	Reduce -5.1%	5.55%	−0.64
USMV iShares MSCI USA Min Vol Fac	Reduce -29.6%	0.73%	−0.36
SCHD Schwab US DVD Equity ETF	Reduce -20.5%	0.86%	−0.35
ACWV iShares MSCI Global Min Vol	Reduce -5.4%	3.34%	−0.33
IBDQ iShares Ibonds Dec 2025 Term	Reduce -10.0%	1.84%	−0.32
SCHP Schwab U.S. Tips ETF	Reduce -2.7%	3.16%	−0.31
VGIT Vanguard Intermediate-Term T	Reduce -9.0%	1.52%	−0.24
SCHO Schwab Short-Term US Treas	Sold out	0.00%	−0.20
CME Cme Group Inc.	Reduce -0.1%	8.56%	−0.18
SPSB SS SPDR P St C Corp. ETF	Reduce -2.1%	1.92%	−0.15
BABA Alibaba Group Holding-SP ADR	Sold out	0.00%	−0.12
DOW Dow Inc.	Sold out	0.00%	−0.12
IP International Paper Co.	Sold out	0.00%	−0.11
ZBH Zimmer Biomet Holdings Inc.	Reduce -0.3%	0.32%	−0.10
STZ Constellation Brands Inc. Class A	Reduce -0.2%	0.40%	−0.08
MAA Mid-America Apartment Comm	Reduce -0.1%	0.40%	−0.08
UDR Udr Inc.	Reduce -0.2%	0.43%	−0.07
LNT Alliant Energy Corp.	Reduce -0.3%	0.41%	−0.05
AMCR Amcor PLC	Reduce -0.4%	0.40%	−0.05
COM Direxion Auspice BRD Cmdty	Reduce -6.6%	0.19%	−0.04
JKHY Jack Henry & Associates Inc.	Reduce -0.5%	0.46%	−0.04
LULU Lululemon Athletica Inc.	Reduce -0.3%	0.11%	−0.03
D Dominion Energy Inc.	Reduce -0.3%	0.29%	−0.02
GOVT iShares US Treasury Bond ETF	Reduce -2.3%	0.18%	−0.01
TGT Target Corp.	Reduce -0.5%	0.12%	−0.01
PSA Public Storage	Reduce -0.4%	0.12%	−0.01
PLTR Palantir Technologies Inc. Class A	Reduce -36.4%	0.21%	−0.01
EFA iShares MSCI Eafe ETF	Reduce -4.0%	0.12%	−0.00
HCA HCA Healthcare Inc.	Reduce -1.3%	0.13%	+0.00
FAST Fastenal Co.	Reduce -0.3%	0.28%	+0.01
MOAT Vaneck Morningstar Wide Moat	Reduce -0.0%	1.92%	+0.01
IWP iShares Russell Mid-Cap Grow	Reduce -3.8%	0.25%	+0.02
NEM Newmont Corp.	Reduce -0.3%	0.57%	+0.07
SPTM SS SPDR P S&P 1500 Comp ETF	Reduce -1.0%	5.21%	+0.15
MSFT Microsoft Corp.	Reduce -5.6%	1.79%	+0.27

Portfolio Buys Q1 2025 → Q2 2025


DIVB iShares Core Dividend ETF	New	0.47%	+0.47
NVDA Nvidia Corp.	Add +3.8%	1.30%	+0.39
VTI VG Morningstar TS MKT ETF-US	Add +0.9%	6.21%	+0.32
JQUA JPMorgan US Quality Factor	Add +92.8%	0.58%	+0.28
DGRW Wisdomtree U.S. Quality Divi	New	0.25%	+0.25
BIL SS SPDR BB 1-3M T-Bill ETF	New	0.25%	+0.25
VIG Vanguard Dividend Apprec ETF	Add +30.9%	1.02%	+0.24
CRWD CrowdStrike Holdings Inc. Class A	Add +13.3%	0.64%	+0.23
SPY SS SPDR S&P 500 ETF Trust-US	Add +0.8%	4.56%	+0.22
HODL Vaneck Bitcoin ETF	Add +87.0%	0.36%	+0.20
VTEB Vanguard Tax-Exempt Bond ETF	New	0.18%	+0.18
SCHY Schwab International DVD ETF	Add +3.1%	3.57%	+0.17
IBIT iShares Bitcoin Trust ETF	Add +26.5%	0.44%	+0.16
JPM JPMorgan Chase & Co.	Add +0.7%	1.39%	+0.15
AMZN Amazon.com Inc.	Add +0.8%	1.62%	+0.14
DIS The Walt Disney Co.	New	0.13%	+0.13
BEN Franklin Templeton Inc.	New	0.12%	+0.12
RL Ralph Lauren Corp.	New	0.12%	+0.12
QQQ Invesco QQQ Trust Series 1	Add +10.8%	0.61%	+0.11
LYV Live Nation Entertainment Inc.	New	0.11%	+0.11
NFLX Netflix Inc.	New	0.11%	+0.11
CBRE CBRE Group Inc. Class A	New	0.11%	+0.11
CSX CSX Corp.	New	0.11%	+0.11
GLDM SPDR Gold Minishares Trust	New	0.11%	+0.11
NOW ServiceNow Inc.	Add +1.8%	0.52%	+0.10
META Meta Platforms Inc. Class A	Add +4.1%	0.44%	+0.09
WWD Woodward Inc.	Add +0.1%	0.25%	+0.05
IWF iShares Russell 1000 Growth	Add +10.7%	0.28%	+0.05
SPDW Ste STR SPDR PT DW Eu ETF	Add +0.3%	0.99%	+0.05
IQLT iShares MSCI International Q	Add +9.6%	0.41%	+0.05
VXUS Vanguard Total Intl Stock	Add +0.5%	0.77%	+0.04
GOOGL Alphabet Inc. Class A	Add +7.3%	0.30%	+0.04
DLTR Dollar Tree Inc.	Add +1.0%	0.17%	+0.04
BSJP Invesco Bulletshares 2025 HY	Add +19.5%	0.28%	+0.03
EL Estee Lauder Companies Class A	Add +0.0%	0.24%	+0.03
TSLA Tesla Inc.	Add +2.5%	0.20%	+0.03
SPEM State Street SP PTF Em ETF	Add +1.6%	0.68%	+0.03
BRK.B Berkshire Hathaway Inc. Class B	Add +23.9%	0.40%	+0.03
T AT&T Inc.	Add +7.0%	0.67%	+0.02
IBM Intl Business Machines Corp.	Add +1.2%	0.16%	+0.02
ABBV Abbvie Inc.	Add +26.8%	0.31%	+0.02
IRM Iron Mountain Inc.	Add +1.4%	0.14%	+0.02
CDW CDW Corp.	Add +0.2%	0.32%	+0.02
ABT Abbott Laboratories	Add +13.8%	0.16%	+0.01
AXP American Express Co.	Add +0.1%	0.13%	+0.01
WMT Walmart Inc.	Add +1.8%	0.21%	+0.01
SCHB Schwab US Broad Market ETF	Add +0.1%	0.30%	+0.01
GOOG Alphabet Inc. Class C	Add +1.9%	0.14%	+0.01
SCHF Schwab Intl Equity ETF	Add +0.1%	0.15%	+0.01
SMOT Vaneck Morningstar Smid Moat	Add +2.1%	0.34%	+0.01

Options Activity Q1 2025 → Q2 2025


META Meta Platforms Inc. Class A	put	New	2,500	$1.8M
MSFT Microsoft Corp.	put	New	1,500	$746K
CRWV Coreweave Inc. Class A	call	New	4,000	$652K
AVAV Aerovironment Inc.	call	New	1,500	$427K
CRWV Coreweave Inc. Class A	put	New	2,000	$326K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	151	$242.3M	AAPL, ISTB, CME, VTI, SPTM
Q1 2026	145	$228.8M	CME, AAPL, ISTB, VTI, SPTM
Q4 2025	132	$217.6M	AAPL, ISTB, CME, VTI, SPTM
Q3 2025	139	$208.8M	ISTB, AAPL, CME, VTI, SPTM
Q2 2025	121	$188.9M	CME, AAPL, VTI, ISTB, HTRB
Q1 2025	113	$178.4M	CME, AAPL, HTRB, ISTB, VTI
Q4 2024	104	$178.0M	AAPL, CME, HTRB, VTI, ISTB
Q3 2024	108	$183.7M	AAPL, CME, HTRB, VTI, SPTM
Q2 2024	101	$178.3M	AAPL, HTRB, CME, VTI, SPTM
Q1 2024	98	$179.4M	CME, HTRB, AAPL, VTI, SPTM