IRON Financial LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 24, 2025), IRON Financial LLC reported 139 stock positions worth $208.8 million. Its top holding was iShares Core 1-5 Year Usd Bo (ISTB) at 8.1% of the portfolio, followed by Apple (AAPL, 7.8%) and Cme (CME, 7.6%). Compared with Q2 2025, it opened 40 new positions, sold out of 22, added to 52 and reduced 38. The biggest buy was iShares Core 1-5 Year Usd Bo (ISTB, shares +57%) and the biggest sale Hartford TTL RTRN BND ETF (HTRB, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001595509
- Portfolio Value
- $208.8M (Q3 2025)
- SEC Filing
- 0001595509-25-000008 ↗ filed Oct 24, 2025
Holdings Value
Holdings 139 stocks · $208.8M
| ISTB iShares Core 1-5 Year Usd Bo | 8.10% | 346,166 | $16.9M | Add +56.5% |
| AAPL Apple Inc. | 7.80% | 63,938 | $16.3M | Reduce -1.4% |
| CME Cme Group Inc. | 7.58% | 58,598 | $15.8M | Reduce -0.2% |
| VTI VG Morningstar TS MKT ETF-US | 5.67% | 36,065 | $11.8M | Reduce -6.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 5.08% | 131,484 | $10.6M | Reduce -0.1% |
| HTRB Hartford TTL RTRN BND ETF | 4.50% | 273,779 | $9.4M | Reduce -11.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.37% | 13,705 | $9.1M | Reduce -1.7% |
| SCHY Schwab International DVD ETF | 3.76% | 281,189 | $7.9M | Add +14.2% |
| ACWV iShares MSCI Global Min Vol | 3.03% | 52,691 | $6.3M | Reduce -0.9% |
| SCHP Schwab U.S. Tips ETF | 2.75% | 213,324 | $5.7M | Reduce -4.6% |
| IBDR iShares Ibonds Dec 2026 Term | 1.79% | 153,589 | $3.7M | Add +0.6% |
| SPSB SS SPDR P St C Corp. ETF | 1.74% | 119,717 | $3.6M | Reduce -0.2% |
| MOAT Vaneck Morningstar Wide Moat | 1.64% | 34,622 | $3.4M | Reduce -10.6% |
| MSFT Microsoft Corp. | 1.61% | 6,510 | $3.4M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 1.47% | 13,979 | $3.1M | Add +0.0% |
| NVDA Nvidia Corp. | 1.40% | 15,667 | $2.9M | Add +0.4% |
| VGIT Vanguard Intermediate-Term T | 1.37% | 47,609 | $2.9M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 1.34% | 8,854 | $2.8M | Reduce -2.2% |
| SCHD Schwab US DVD Equity ETF | 1.22% | 93,678 | $2.6M | Add +51.9% |
| CBOE Cboe Global Markets Inc. | 1.22% | 10,414 | $2.6M | Add +0.3% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.04% | 85,908 | $2.2M | Reduce -37.9% |
| VIG Vanguard Dividend Apprec ETF | 0.98% | 9,447 | $2.0M | Add +0.1% |
| FBND Fidelity Total Bond ETF | 0.97% | 43,847 | $2.0M | Add +0.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.94% | 46,053 | $2.0M | Reduce -0.8% |
| PULS Pgim Ultra Short Bond ETF | 0.92% | 38,622 | $1.9M | New |
| VXUS Vanguard Total Intl Stock | 0.74% | 21,050 | $1.5M | Add +0.0% |
| SPEM State Street SP PTF Em ETF | 0.69% | 30,952 | $1.4M | Add +2.8% |
| USMV iShares MSCI USA Min Vol Fac | 0.66% | 14,479 | $1.4M | Reduce -1.4% |
| DIVB iShares Core Dividend ETF | 0.63% | 25,290 | $1.3M | Add +44.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.60% | 2,095 | $1.3M | No change |
| LTPZ PIMCO 15+ YR US Tips Indx | 0.56% | 22,107 | $1.2M | Add +3.0% |
| T AT&T Inc. | 0.56% | 41,650 | $1.2M | Reduce -4.2% |
| JQUA JPMorgan US Quality Factor | 0.54% | 18,036 | $1.1M | Reduce -1.2% |
| XOM Exxon Mobil Corp. | 0.53% | 9,845 | $1.1M | Add +109.6% |
| JNJ Johnson & Johnson | 0.50% | 5,632 | $1.0M | Reduce -47.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.50% | 2,109 | $1.0M | Reduce -11.8% |
| PG The Procter & Gamble Co. | 0.46% | 6,200 | $953K | Add +0.0% |
| IBIT iShares Bitcoin Trust ETF | 0.44% | 14,235 | $925K | Add +3.7% |
| NOW ServiceNow Inc. | 0.44% | 1,000 | $920K | Add +4.0% |
| EXE Expand Energy Corp. | 0.44% | 8,639 | $918K | New |
| PFE Pfizer Inc. | 0.44% | 35,740 | $911K | New |
| EQT Eqt Corp. | 0.43% | 16,369 | $891K | New |
| OXY Occidental Petroleum Corp. | 0.42% | 18,723 | $885K | New |
| CPB The Campbell's Company | 0.40% | 26,496 | $837K | New |
| META Meta Platforms Inc. Class A | 0.40% | 1,130 | $830K | Add +0.6% |
| COP Conocophillips | 0.39% | 8,621 | $815K | Add +58.5% |
| KHC The Kraft Heinz Co. | 0.39% | 30,885 | $804K | New |
| IQLT iShares MSCI International Q | 0.38% | 18,118 | $801K | Add +1.3% |
| CHD Church & Dwight Co. Inc. | 0.38% | 9,093 | $797K | New |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.38% | 5,338 | $795K | Add +10.2% |
| DG Dollar General Corp. | 0.38% | 7,580 | $783K | New |
| GOOGL Alphabet Inc. Class A | 0.37% | 3,220 | $783K | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 1,556 | $782K | Reduce -0.1% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.37% | 15,206 | $780K | New |
| TSLA Tesla Inc. | 0.36% | 1,712 | $761K | Add +42.8% |
| ICSH iShares Ultra Short Duration | 0.36% | 14,850 | $754K | New |
| HODL Vaneck Bitcoin ETF | 0.36% | 23,261 | $753K | Add +4.0% |
| ERIE Erie Indemnity Company Class A | 0.35% | 2,302 | $732K | New |
| ABBV Abbvie Inc. | 0.35% | 3,128 | $724K | Reduce -1.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.34% | 21,669 | $707K | New |
| SMOT Vaneck Morningstar Smid Moat | 0.31% | 18,126 | $654K | Reduce -2.5% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.29% | 5,524 | $610K | Add +0.2% |
| FANG Diamondback Energy Inc. | 0.29% | 4,229 | $605K | Add +178.6% |
| BSJQ Invesco Bulletshares 2026 HY | 0.29% | 25,843 | $605K | Add +0.5% |
| SCHB Schwab US Broad Market ETF | 0.29% | 23,524 | $605K | Add +0.1% |
| IWF iShares Russell 1000 Growth | 0.28% | 1,241 | $581K | No change |
| DVY iShares Select Dividend ETF | 0.27% | 3,905 | $555K | Add +68.5% |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 2,838 | $518K | Reduce -3.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.25% | 5,616 | $515K | Add +9.9% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.25% | 8,063 | $515K | Add +0.2% |
| BX Blackstone Inc. | 0.24% | 2,977 | $509K | Add +0.4% |
| DGRW Wisdomtree U.S. Quality Divi | 0.24% | 5,680 | $505K | No change |
| WWD Woodward Inc. | 0.23% | 1,910 | $483K | No change |
| IWP iShares Russell Mid-Cap Grow | 0.22% | 3,283 | $468K | Reduce -2.8% |
| INTC Intel Corp. | 0.22% | 13,389 | $449K | Reduce -1.0% |
| WMT Walmart Inc. | 0.20% | 4,135 | $426K | Add +0.2% |
| GOOG Alphabet Inc. Class C | 0.20% | 1,725 | $420K | Add +17.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.18% | 797 | $382K | Add +0.1% |
| COM Direxion Auspice BRD Cmdty | 0.18% | 12,869 | $370K | Add +1.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.17% | 6,945 | $348K | Add +0.8% |
| GOVT iShares US Treasury Bond ETF | 0.16% | 14,813 | $342K | Add +0.7% |
| V Visa Inc. Class A | 0.15% | 905 | $309K | Add +0.3% |
| SCHF Schwab Intl Equity ETF | 0.15% | 13,070 | $304K | No change |
| HD Home Depot Inc. | 0.14% | 747 | $303K | Add +1.5% |
| ABT Abbott Laboratories | 0.14% | 2,238 | $300K | Reduce -1.1% |
| STPZ PIMCO 1-5 Year US Tips Index | 0.14% | 5,465 | $296K | New |
| BSJP Invesco Bulletshares 2025 HY | 0.14% | 12,831 | $296K | Reduce -45.0% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.14% | 3,446 | $292K | Add +10.3% |
| GLDM SPDR Gold Minishares Trust | 0.14% | 3,719 | $284K | Add +20.5% |
| STZ Constellation Brands Inc. Class A | 0.14% | 2,108 | $284K | Reduce -54.9% |
| BABA Alibaba Group Holding-SP ADR | 0.14% | 1,582 | $283K | New |
| USHY iShares Broad Usd High Yield | 0.13% | 7,453 | $282K | No change |
| SGOL Abrdn Physical Gold Shares | 0.13% | 7,468 | $275K | Add +0.7% |
| CWS Advisorshares Equity Focused | 0.13% | 4,000 | $275K | No change |
| VLO Valero Energy Corp. | 0.13% | 1,597 | $272K | New |
| ORCL Oracle Corp. | 0.13% | 966 | $272K | New |
| AXP American Express Co. | 0.13% | 806 | $268K | Add +1.8% |
| MCD McDonald's Corp. | 0.13% | 878 | $267K | Reduce -75.5% |
| TER Teradyne Inc. | 0.13% | 1,930 | $266K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.13% | 936 | $264K | Reduce -9.7% |
Portfolio Sells Q2 2025 → Q3 2025
| HTRB Hartford TTL RTRN BND ETF | Reduce -11.5% | 4.50% | −1.05 |
| CME Cme Group Inc. | Reduce -0.2% | 7.58% | −0.98 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -37.9% | 1.04% | −0.81 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.57 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.5% | 5.67% | −0.54 |
| LIN Linde PLC | Sold out | 0.00% | −0.47 |
| MCD McDonald's Corp. | Reduce -75.5% | 0.13% | −0.43 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.41 |
| SCHP Schwab U.S. Tips ETF | Reduce -4.6% | 2.75% | −0.40 |
| JNJ Johnson & Johnson | Reduce -47.1% | 0.50% | −0.36 |
| ZBH Zimmer Biomet Holdings Inc. | Sold out | 0.00% | −0.32 |
| CDW CDW Corp. | Sold out | 0.00% | −0.32 |
| ACWV iShares MSCI Global Min Vol | Reduce -0.9% | 3.03% | −0.31 |
| UDR Udr Inc. | Reduce -66.2% | 0.12% | −0.31 |
| AMCR Amcor PLC | Reduce -68.6% | 0.10% | −0.30 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.29 |
| MAA Mid-America Apartment Comm | Reduce -68.5% | 0.11% | −0.29 |
| FAST Fastenal Co. | Sold out | 0.00% | −0.28 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -10.6% | 1.64% | −0.28 |
| STZ Constellation Brands Inc. Class A | Reduce -54.9% | 0.14% | −0.27 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.7% | 4.37% | −0.19 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -0.2% | 1.74% | −0.18 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −0.17 |
| MSFT Microsoft Corp. | Reduce -4.0% | 1.61% | −0.17 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.16 |
| VGIT Vanguard Intermediate-Term T | Reduce -0.8% | 1.37% | −0.15 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -11.8% | 0.50% | −0.15 |
| BSJP Invesco Bulletshares 2025 HY | Reduce -45.0% | 0.14% | −0.14 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −0.14 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -0.1% | 5.08% | −0.14 |
| EL Estee Lauder Companies Class A | Reduce -55.7% | 0.10% | −0.14 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.13 |
| BG Bunge Global SA | Sold out | 0.00% | −0.13 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.13 |
| HCA HCA Healthcare Inc. | Sold out | 0.00% | −0.13 |
| BEN Franklin Templeton Inc. | Sold out | 0.00% | −0.12 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −0.12 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.12 |
| TGT Target Corp. | Sold out | 0.00% | −0.12 |
| PSA Public Storage | Sold out | 0.00% | −0.12 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.11 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | −0.11 |
| CSX CSX Corp. | Sold out | 0.00% | −0.11 |
| T AT&T Inc. | Reduce -4.2% | 0.56% | −0.10 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.4% | 0.66% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -2.2% | 1.34% | −0.05 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -0.8% | 0.94% | −0.05 |
| JQUA JPMorgan US Quality Factor | Reduce -1.2% | 0.54% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -9.7% | 0.13% | −0.04 |
| SMOT Vaneck Morningstar Smid Moat | Reduce -2.5% | 0.31% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| ISTB iShares Core 1-5 Year Usd Bo | Add +56.5% | 8.10% | +2.40 |
| PULS Pgim Ultra Short Bond ETF | New | 0.92% | +0.92 |
| EXE Expand Energy Corp. | New | 0.44% | +0.44 |
| PFE Pfizer Inc. | New | 0.44% | +0.44 |
| EQT Eqt Corp. | New | 0.43% | +0.43 |
| OXY Occidental Petroleum Corp. | New | 0.42% | +0.42 |
| CPB The Campbell's Company | New | 0.40% | +0.40 |
| KHC The Kraft Heinz Co. | New | 0.39% | +0.39 |
| CHD Church & Dwight Co. Inc. | New | 0.38% | +0.38 |
| DG Dollar General Corp. | New | 0.38% | +0.38 |
| NEAR iShares SH Dba ETF Usd Inc. | New | 0.37% | +0.37 |
| ICSH iShares Ultra Short Duration | New | 0.36% | +0.36 |
| SCHD Schwab US DVD Equity ETF | Add +51.9% | 1.22% | +0.36 |
| ERIE Erie Indemnity Company Class A | New | 0.35% | +0.35 |
| VICI Vici Properties Inc. | New | 0.34% | +0.34 |
| XOM Exxon Mobil Corp. | Add +109.6% | 0.53% | +0.26 |
| SCHY Schwab International DVD ETF | Add +14.2% | 3.76% | +0.20 |
| FANG Diamondback Energy Inc. | Add +178.6% | 0.29% | +0.18 |
| DIVB iShares Core Dividend ETF | Add +44.1% | 0.63% | +0.17 |
| TSLA Tesla Inc. | Add +42.8% | 0.36% | +0.16 |
| STPZ PIMCO 1-5 Year US Tips Index | New | 0.14% | +0.14 |
| BABA Alibaba Group Holding-SP ADR | New | 0.14% | +0.14 |
| COP Conocophillips | Add +58.5% | 0.39% | +0.13 |
| ORCL Oracle Corp. | New | 0.13% | +0.13 |
| VLO Valero Energy Corp. | New | 0.13% | +0.13 |
| TER Teradyne Inc. | New | 0.13% | +0.13 |
| CVS CVS Health Corp. | New | 0.13% | +0.13 |
| HAL Halliburton Co. | New | 0.12% | +0.12 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.12% | +0.12 |
| APA Apa Corp. | New | 0.12% | +0.12 |
| ADM Archer-Daniels-Midland Co. | New | 0.12% | +0.12 |
| DDOG Datadog Inc. Class A | New | 0.11% | +0.11 |
| WDAY Workday Inc. Class A | New | 0.11% | +0.11 |
| EIX Edison International | New | 0.11% | +0.11 |
| PKG Packaging Corp. of America | New | 0.11% | +0.11 |
| DOW Dow Inc. | New | 0.11% | +0.11 |
| SLB SLB Ltd. | New | 0.11% | +0.11 |
| KIM Kimco Realty Corp. | New | 0.10% | +0.10 |
| DVY iShares Select Dividend ETF | Add +68.5% | 0.27% | +0.10 |
| EXR Extra Space Storage Inc. | New | 0.10% | +0.10 |
| TROW T Rowe Price Group Inc. | New | 0.10% | +0.10 |
| AES AES Corp. | New | 0.10% | +0.10 |
| INTU Intuit Inc. | New | 0.10% | +0.10 |
| PODD Insulet Corp. | New | 0.10% | +0.10 |
| INVH Invitation Homes Inc. | New | 0.10% | +0.10 |
| AVGO Broadcom Inc. | New | 0.10% | +0.10 |
| ITW Illinois Tool Works | New | 0.10% | +0.10 |
| UPS United Parcel Service Class B | New | 0.10% | +0.10 |
| DPZ Domino's Pizza Inc. | New | 0.10% | +0.10 |
| NVDA Nvidia Corp. | Add +0.4% | 1.40% | +0.10 |
Options Activity Q2 2025 → Q3 2025
| META Meta Platforms Inc. Class A | put | Sold out | 2,500 | $1.8Mbefore exit |
| MSFT Microsoft Corp. | put | Sold out | 1,500 | $746Kbefore exit |
| CRWV Coreweave Inc. Class A | call | Sold out | 4,000 | $652Kbefore exit |
| AVAV Aerovironment Inc. | call | Sold out | 1,500 | $427Kbefore exit |
| CRWV Coreweave Inc. Class A | put | Sold out | 2,000 | $326Kbefore exit |
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 |