IRON Financial LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), IRON Financial LLC reported 132 stock positions worth $217.6 million. Its top holding was Apple (AAPL) at 7.9% of the portfolio, followed by iShares Core 1-5 Year Usd Bo (ISTB, 7.5%) and Cme (CME, 7.3%). Compared with Q3 2025, it opened 8 new positions, sold out of 15, added to 51 and reduced 64. The biggest buy was iShares Ultra Short Duration (ICSH, shares +539%) and the biggest sale an exit from iShares Ibonds Dec 2025 Term (IBDQ).
- Most Recent 13F
- Q2 2026
- Location
- NORTHBROOK, IL
- CIK
- 0001595509
- Portfolio Value
- $217.6M (Q4 2025)
- SEC Filing
- 0001595509-26-000001 ↗ filed Jan 22, 2026
Holdings Value
Holdings 132 stocks · $217.6M
| AAPL Apple Inc. | 7.92% | 63,351 | $17.2M | Reduce -0.9% |
| ISTB iShares Core 1-5 Year Usd Bo | 7.52% | 335,425 | $16.4M | Reduce -3.1% |
| CME Cme Group Inc. | 7.33% | 58,406 | $15.9M | Reduce -0.3% |
| VTI VG Morningstar TS MKT ETF-US | 5.57% | 36,126 | $12.1M | Add +0.2% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 4.88% | 128,704 | $10.6M | Reduce -2.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.31% | 13,736 | $9.4M | Add +0.2% |
| HTRB Hartford TTL RTRN BND ETF | 3.92% | 249,578 | $8.5M | Reduce -8.8% |
| SCHY Schwab International DVD ETF | 3.91% | 285,376 | $8.5M | Add +1.5% |
| ACWV iShares MSCI Global Min Vol | 2.85% | 52,209 | $6.2M | Reduce -0.9% |
| PULS Pgim Ultra Short Bond ETF | 2.55% | 111,748 | $5.5M | Add +189.3% |
| SCHP Schwab U.S. Tips ETF | 2.39% | 195,942 | $5.2M | Reduce -8.2% |
| ICSH iShares Ultra Short Duration | 2.21% | 94,932 | $4.8M | Add +539.3% |
| SCHD Schwab US DVD Equity ETF | 1.82% | 144,304 | $4.0M | Add +54.0% |
| IBDR iShares Ibonds Dec 2026 Term | 1.73% | 155,305 | $3.8M | Add +1.1% |
| SPSB SS SPDR P St C Corp. ETF | 1.69% | 121,466 | $3.7M | Add +1.5% |
| MOAT Vaneck Morningstar Wide Moat | 1.61% | 33,746 | $3.5M | Reduce -2.5% |
| MSFT Microsoft Corp. | 1.44% | 6,475 | $3.1M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 1.43% | 13,432 | $3.1M | Reduce -3.9% |
| NVDA Nvidia Corp. | 1.34% | 15,612 | $2.9M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 1.33% | 8,988 | $2.9M | Add +1.5% |
| VGIT Vanguard Intermediate-Term T | 1.22% | 44,244 | $2.7M | Reduce -7.1% |
| CBOE Cboe Global Markets Inc. | 1.19% | 10,343 | $2.6M | Reduce -0.7% |
| NEAR iShares SH Dba ETF Usd Inc. | 1.11% | 47,301 | $2.4M | Add +211.1% |
| VIG Vanguard Dividend Apprec ETF | 0.95% | 9,448 | $2.1M | Add +0.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.90% | 43,972 | $2.0M | Reduce -4.5% |
| FBND Fidelity Total Bond ETF | 0.85% | 40,276 | $1.9M | Reduce -8.1% |
| DIVB iShares Core Dividend ETF | 0.78% | 32,086 | $1.7M | Add +26.9% |
| VXUS Vanguard Total Intl Stock | 0.74% | 21,284 | $1.6M | Add +1.1% |
| SPEM State Street SP PTF Em ETF | 0.65% | 30,217 | $1.4M | Reduce -2.4% |
| JPST JPMorgan Ultra-Short Income | 0.65% | 27,861 | $1.4M | New |
| USMV iShares MSCI USA Min Vol Fac | 0.63% | 14,442 | $1.4M | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 0.54% | 9,812 | $1.2M | Reduce -0.3% |
| JNJ Johnson & Johnson | 0.54% | 5,664 | $1.2M | Add +0.6% |
| LTPZ PIMCO 15+ YR US Tips Indx | 0.53% | 22,199 | $1.1M | Add +0.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.52% | 1,844 | $1.1M | Reduce -12.0% |
| JQUA JPMorgan US Quality Factor | 0.49% | 17,023 | $1.1M | Reduce -5.6% |
| DG Dollar General Corp. | 0.46% | 7,602 | $1.0M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 0.46% | 3,218 | $1.0M | Reduce -0.1% |
| T AT&T Inc. | 0.44% | 38,678 | $961K | Reduce -7.1% |
| EXE Expand Energy Corp. | 0.44% | 8,591 | $948K | Reduce -0.6% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.43% | 5,180 | $945K | Reduce -3.0% |
| PFE Pfizer Inc. | 0.42% | 36,334 | $905K | Add +1.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.41% | 1,911 | $896K | Reduce -9.4% |
| PG The Procter & Gamble Co. | 0.41% | 6,234 | $893K | Add +0.6% |
| EQT Eqt Corp. | 0.40% | 16,284 | $873K | Reduce -0.5% |
| META Meta Platforms Inc. Class A | 0.39% | 1,300 | $858K | Add +15.0% |
| COP Conocophillips | 0.37% | 8,529 | $798K | Reduce -1.1% |
| TSLA Tesla Inc. | 0.37% | 1,773 | $797K | Add +3.6% |
| IQLT iShares MSCI International Q | 0.36% | 17,453 | $793K | Reduce -3.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 1,555 | $782K | Reduce -0.1% |
| KHC The Kraft Heinz Co. | 0.36% | 31,918 | $774K | Add +3.3% |
| ABBV Abbvie Inc. | 0.35% | 3,337 | $762K | Add +6.7% |
| OXY Occidental Petroleum Corp. | 0.35% | 18,472 | $760K | Reduce -1.3% |
| NOW ServiceNow Inc. | 0.35% | 4,920 | $754K | Reduce -1.6% |
| CHD Church & Dwight Co. Inc. | 0.35% | 8,987 | $754K | Reduce -1.2% |
| BSJQ Invesco Bulletshares 2026 HY | 0.34% | 31,906 | $745K | Add +23.5% |
| CPB The Campbell's Company | 0.34% | 26,167 | $729K | Reduce -1.2% |
| IBIT iShares Bitcoin Trust ETF | 0.33% | 14,562 | $723K | Add +2.3% |
| ERIE Erie Indemnity Company Class A | 0.30% | 2,263 | $649K | Reduce -1.7% |
| SMOT Vaneck Morningstar Smid Moat | 0.29% | 17,354 | $628K | Reduce -4.3% |
| FANG Diamondback Energy Inc. | 0.28% | 4,122 | $620K | Reduce -2.5% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.28% | 5,533 | $619K | Add +0.2% |
| SCHB Schwab US Broad Market ETF | 0.28% | 23,540 | $617K | Add +0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.28% | 3,232 | $617K | New |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.27% | 21,253 | $598K | Reduce -1.9% |
| IWF iShares Russell 1000 Growth | 0.27% | 1,241 | $587K | No change |
| GOOG Alphabet Inc. Class C | 0.26% | 1,837 | $576K | Add +6.5% |
| HODL Vaneck Bitcoin ETF | 0.26% | 23,261 | $575K | No change |
| DVY iShares Select Dividend ETF | 0.26% | 3,940 | $556K | Add +0.9% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.25% | 8,440 | $540K | Add +4.7% |
| WWD Woodward Inc. | 0.23% | 1,656 | $501K | Reduce -13.3% |
| INTC Intel Corp. | 0.23% | 13,371 | $493K | Reduce -0.1% |
| WMT Walmart Inc. | 0.21% | 4,134 | $461K | Reduce -0.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.21% | 5,030 | $460K | Reduce -10.4% |
| BX Blackstone Inc. | 0.21% | 2,979 | $459K | Add +0.1% |
| DGRW Wisdomtree U.S. Quality Divi | 0.21% | 5,131 | $459K | Reduce -9.7% |
| IWP iShares Russell Mid-Cap Grow | 0.20% | 3,188 | $437K | Reduce -2.9% |
| PLTR Palantir Technologies Inc. Class A | 0.19% | 2,338 | $416K | Reduce -17.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.18% | 797 | $389K | No change |
| COM Direxion Auspice BRD Cmdty | 0.18% | 12,920 | $382K | Add +0.4% |
| TER Teradyne Inc. | 0.17% | 1,915 | $371K | Reduce -0.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.17% | 7,313 | $368K | Add +5.3% |
| QQQM Invesco Nasdaq 100 ETF | 0.15% | 1,308 | $331K | Add +26.0% |
| GLDM SPDR Gold Minishares Trust | 0.15% | 3,811 | $325K | Add +2.5% |
| CVS CVS Health Corp. | 0.15% | 4,074 | $323K | Add +16.6% |
| V Visa Inc. Class A | 0.15% | 908 | $318K | Add +0.3% |
| SGOL Abrdn Physical Gold Shares | 0.14% | 7,667 | $315K | Add +2.7% |
| SCHF Schwab Intl Equity ETF | 0.14% | 13,085 | $315K | Add +0.1% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.14% | 3,468 | $312K | Add +0.6% |
| GOVT iShares US Treasury Bond ETF | 0.14% | 13,433 | $309K | Reduce -9.3% |
| ABT Abbott Laboratories | 0.14% | 2,442 | $306K | Add +9.1% |
| AXP American Express Co. | 0.14% | 806 | $298K | No change |
| STPZ PIMCO 1-5 Year US Tips Index | 0.14% | 5,498 | $295K | Add +0.6% |
| HAL Halliburton Co. | 0.13% | 10,344 | $292K | Reduce -1.2% |
| STZ Constellation Brands Inc. Class A | 0.13% | 2,090 | $288K | Reduce -0.8% |
| IJR iShares Core S&P Small-Cap E | 0.13% | 2,388 | $287K | New |
| GLD SPDR Gold Shares | 0.13% | 713 | $283K | No change |
| VCIT Vanguard Int-Term Corporate | 0.13% | 3,369 | $282K | New |
| USHY iShares Broad Usd High Yield | 0.13% | 7,453 | $279K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.13% | 939 | $278K | Add +0.3% |
Portfolio Sells Q3 2025 → Q4 2025
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −1.04 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -3.1% | 7.52% | −0.58 |
| HTRB Hartford TTL RTRN BND ETF | Reduce -8.8% | 3.92% | −0.58 |
| SCHP Schwab U.S. Tips ETF | Reduce -8.2% | 2.39% | −0.37 |
| CME Cme Group Inc. | Reduce -0.3% | 7.33% | −0.25 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -2.1% | 4.88% | −0.20 |
| ACWV iShares MSCI Global Min Vol | Reduce -0.9% | 2.85% | −0.18 |
| MSFT Microsoft Corp. | Reduce -0.5% | 1.44% | −0.18 |
| VGIT Vanguard Intermediate-Term T | Reduce -7.1% | 1.22% | −0.15 |
| BSJP Invesco Bulletshares 2025 HY | Sold out | 0.00% | −0.14 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.14 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.13 |
| T AT&T Inc. | Reduce -7.1% | 0.44% | −0.12 |
| FBND Fidelity Total Bond ETF | Reduce -8.1% | 0.85% | −0.12 |
| LYV Live Nation Entertainment Inc. | Sold out | 0.00% | −0.11 |
| KIM Kimco Realty Corp. | Sold out | 0.00% | −0.10 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.10 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.10 |
| AMCR Amcor PLC | Sold out | 0.00% | −0.10 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.10 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.10 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.10 |
| INVH Invitation Homes Inc. | Sold out | 0.00% | −0.10 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.10 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −0.10 |
| NOW ServiceNow Inc. | Reduce -1.6% | 0.35% | −0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -9.4% | 0.41% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -12.0% | 0.52% | −0.08 |
| OXY Occidental Petroleum Corp. | Reduce -1.3% | 0.35% | −0.07 |
| CPB The Campbell's Company | Reduce -1.2% | 0.34% | −0.07 |
| VICI Vici Properties Inc. | Reduce -1.9% | 0.27% | −0.06 |
| NVDA Nvidia Corp. | Reduce -0.3% | 1.34% | −0.06 |
| PLTR Palantir Technologies Inc. Class A | Reduce -17.6% | 0.19% | −0.06 |
| ERIE Erie Indemnity Company Class A | Reduce -1.7% | 0.30% | −0.05 |
| JQUA JPMorgan US Quality Factor | Reduce -5.6% | 0.49% | −0.05 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -4.5% | 0.90% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -3.9% | 1.43% | −0.04 |
| SPEM State Street SP PTF Em ETF | Reduce -2.4% | 0.65% | −0.04 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -2.5% | 1.61% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -10.4% | 0.21% | −0.04 |
| CHD Church & Dwight Co. Inc. | Reduce -1.2% | 0.35% | −0.04 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.3% | 0.63% | −0.03 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -9.7% | 0.21% | −0.03 |
| CBOE Cboe Global Markets Inc. | Reduce -0.7% | 1.19% | −0.03 |
| HD Home Depot Inc. | Reduce -1.6% | 0.12% | −0.03 |
| EQT Eqt Corp. | Reduce -0.5% | 0.40% | −0.03 |
| SMOT Vaneck Morningstar Smid Moat | Reduce -4.3% | 0.29% | −0.02 |
| COP Conocophillips | Reduce -1.1% | 0.37% | −0.02 |
| IWP iShares Russell Mid-Cap Grow | Reduce -2.9% | 0.20% | −0.02 |
| GOVT iShares US Treasury Bond ETF | Reduce -9.3% | 0.14% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| ICSH iShares Ultra Short Duration | Add +539.3% | 2.21% | +1.85 |
| PULS Pgim Ultra Short Bond ETF | Add +189.3% | 2.55% | +1.63 |
| NEAR iShares SH Dba ETF Usd Inc. | Add +211.1% | 1.11% | +0.74 |
| JPST JPMorgan Ultra-Short Income | New | 0.65% | +0.65 |
| SCHD Schwab US DVD Equity ETF | Add +54.0% | 1.82% | +0.59 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.28% | +0.28 |
| DIVB iShares Core Dividend ETF | Add +26.9% | 0.78% | +0.15 |
| SCHY Schwab International DVD ETF | Add +1.5% | 3.91% | +0.15 |
| IJR iShares Core S&P Small-Cap E | New | 0.13% | +0.13 |
| VCIT Vanguard Int-Term Corporate | New | 0.13% | +0.13 |
| AKRE Akre Focus ETF | New | 0.10% | +0.10 |
| IPKW Invesco International Buybac | New | 0.10% | +0.10 |
| MS Morgan Stanley | New | 0.09% | +0.09 |
| DG Dollar General Corp. | Add +0.3% | 0.46% | +0.09 |
| GOOG Alphabet Inc. Class C | Add +6.5% | 0.26% | +0.06 |
| BSJQ Invesco Bulletshares 2026 HY | Add +23.5% | 0.34% | +0.05 |
| JNJ Johnson & Johnson | Add +0.6% | 0.54% | +0.04 |
| QQQM Invesco Nasdaq 100 ETF | Add +26.0% | 0.15% | +0.03 |
| CVS CVS Health Corp. | Add +16.6% | 0.15% | +0.02 |
| GLDM SPDR Gold Minishares Trust | Add +2.5% | 0.15% | +0.01 |
| SGOL Abrdn Physical Gold Shares | Add +2.7% | 0.14% | +0.01 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +0.6% | 0.14% | +0.00 |
| ABBV Abbvie Inc. | Add +6.7% | 0.35% | +0.00 |
| KO The Coca-Cola Co. | Add +0.9% | 0.12% | +0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +5.3% | 0.17% | +0.00 |
| EEMV iShares MSCI Emg MKT Min Vol | Add +4.7% | 0.25% | +0.00 |
| TSLA Tesla Inc. | Add +3.6% | 0.37% | +0.00 |
| HYPERSCALE DATA INC | New | 0.00% | +0.00 |
| IBM Intl Business Machines Corp. | Add +0.3% | 0.13% | +0.00 |
| ADM Archer-Daniels-Midland Co. | Add +8.5% | 0.12% | +0.00 |
| EFA iShares MSCI Eafe ETF | Add +1.3% | 0.11% | 0.00 |
| DDOG Datadog Inc. Class A | Add +9.0% | 0.11% | −0.00 |
| SCHF Schwab Intl Equity ETF | Add +0.1% | 0.14% | −0.00 |
| QCOM Qualcomm Inc. | Add +0.2% | 0.11% | −0.00 |
| COM Direxion Auspice BRD Cmdty | Add +0.4% | 0.18% | −0.00 |
| V Visa Inc. Class A | Add +0.3% | 0.15% | −0.00 |
| DNP DNP Select Income Fund Inc. | Add +1.9% | 0.08% | −0.00 |
| VXUS Vanguard Total Intl Stock | Add +1.1% | 0.74% | −0.00 |
| ABT Abbott Laboratories | Add +9.1% | 0.14% | −0.00 |
| META Meta Platforms Inc. Class A | Add +15.0% | 0.39% | −0.00 |
| DIS The Walt Disney Co. | Add +1.1% | 0.10% | −0.00 |
| MCD McDonald's Corp. | Add +0.2% | 0.12% | −0.00 |
| SCHB Schwab US Broad Market ETF | Add +0.1% | 0.28% | −0.01 |
| USRT iShares Core US REIT ETF | Add +1.1% | 0.10% | −0.01 |
| STPZ PIMCO 1-5 Year US Tips Index | Add +0.6% | 0.14% | −0.01 |
| JPM JPMorgan Chase & Co. | Add +1.5% | 1.33% | −0.01 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Add +0.2% | 0.28% | −0.01 |
| DVY iShares Select Dividend ETF | Add +0.9% | 0.26% | −0.01 |
| PFE Pfizer Inc. | Add +1.7% | 0.42% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +0.0% | 0.95% | −0.02 |
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 |