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

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $179.4M Q1 2024 Q2 2024: $178.3M Q2 2024 Q3 2024: $183.7M Q3 2024 Q4 2024: $178.0M Q4 2024 Q1 2025: $178.4M Q1 2025 Q2 2025: $188.9M Q2 2025 Q3 2025: $208.8M $208.8M Q3 2025 Q4 2025: $217.6M Q4 2025 Q1 2026: $228.8M Q1 2026 Q2 2026: $242.3M Q2 2026

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%
CVS CVS Health Corp. 0.13% 3,494 $263K New
HAL Halliburton Co. 0.12% 10,469 $258K New
QQQM Invesco Nasdaq 100 ETF 0.12% 1,038 $256K New
CVX Chevron Corp. 0.12% 1,635 $254K Add +16.4%
GLD SPDR Gold Shares 0.12% 713 $253K No change
APA Apa Corp. 0.12% 10,381 $252K New
KO The Coca-Cola Co. 0.12% 3,771 $250K Reduce -1.1%
UDR Udr Inc. 0.12% 6,678 $249K Reduce -66.2%
ADM Archer-Daniels-Midland Co. 0.12% 4,107 $245K New
DDOG Datadog Inc. Class A 0.11% 1,672 $238K New
QCOM Qualcomm Inc. 0.11% 1,431 $238K Add +0.2%
WDAY Workday Inc. Class A 0.11% 967 $233K New
EIX Edison International 0.11% 4,174 $231K New
PKG Packaging Corp. of America 0.11% 1,050 $229K New
EFA iShares MSCI Eafe ETF 0.11% 2,443 $228K No change
DOW Dow Inc. 0.11% 9,883 $227K New
DVN Devon Energy Corp. 0.11% 6,462 $227K Add +1.9%
MAA Mid-America Apartment Comm 0.11% 1,595 $223K Reduce -68.5%
LYV Live Nation Entertainment Inc. 0.11% 1,362 $223K Reduce -2.0%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.11% 6,386 $219K New
TPL Texas Pacific Land Corp. 0.11% 235 $219K Add +16.9%
USRT iShares Core US REIT ETF 0.10% 3,732 $219K Add +0.7%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.10% 2,485 $219K Reduce -55.7%
KIM Kimco Realty Corp. 0.10% 9,977 $218K New
EXR Extra Space Storage Inc. 0.10% 1,510 $213K New
NFLX Netflix Inc. 0.10% 177 $212K Add +12.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.10% 2,057 $211K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.10% 1,839 $211K Reduce -4.6%
AES AES Corp. 0.10% 15,999 $211K New
AMCR Amcor PLC 0.10% 25,702 $210K Reduce -68.6%
INTU Intuit Inc. 0.10% 305 $208K New
PODD Insulet Corp. 0.10% 670 $207K New
EOG EOG Resources Inc. 0.10% 1,843 $207K Add +2.3%
INVH Invitation Homes Inc. 0.10% 6,994 $205K New
AVGO Broadcom Inc. 0.10% 619 $204K New
UPS United Parcel Service Class B 0.10% 2,437 $204K New
ITW Illinois Tool Works 0.10% 780 $204K New
DPZ Domino's Pizza Inc. 0.10% 471 $203K New
DNP DNP Select Income Fund Inc. 0.08% 17,454 $175K Add +2.0%

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 151$242.3MAAPL, ISTB, CME, VTI, SPTM
Q1 2026 145$228.8MCME, AAPL, ISTB, VTI, SPTM
Q4 2025 132$217.6MAAPL, ISTB, CME, VTI, SPTM
Q3 2025 139$208.8MISTB, AAPL, CME, VTI, SPTM
Q2 2025 121$188.9MCME, AAPL, VTI, ISTB, HTRB
Q1 2025 113$178.4MCME, AAPL, HTRB, ISTB, VTI
Q4 2024 104$178.0MAAPL, CME, HTRB, VTI, ISTB
Q3 2024 108$183.7MAAPL, CME, HTRB, VTI, SPTM
Q2 2024 101$178.3MAAPL, HTRB, CME, VTI, SPTM
Q1 2024 98$179.4MCME, HTRB, AAPL, VTI, SPTM