Ironwood Investment Counsel, LLC

Portfolio Overview

Ironwood Investment Counsel, LLC disclosed 267 positions worth $762.2M in its Form 13F-HR for Q2 2026, led by $AAPL (Apple Inc.) at 4.6% of the equity portfolio. During the quarter the fund opened 15 new positions and exited 11 and a full exit from $TTD. The portfolio is most concentrated in Technology (25.9% of disclosed assets). All figures are sourced directly from Ironwood Investment Counsel, LLC’s Form 13F-HR filing with the SEC under CIK 1330463.

• 

  Apple Inc.

  $AAPL

  76.4#84

  Quality

  $34.9M120,730 sh

• Schwab Fundemental US Small Company ETF - SCHWAB FDT US SC

  —

  Quality

  $34.5M907,290 sh
• 

  MICROSOFT CORP

  $MSFT

  79.8#31

  Quality

  $30.5M81,764 sh
• 

  Alphabet Inc.

  $GOOG

  78.2

  Quality

  $21.9M61,393 sh

• Akre Focus ETF - AKRE FOCUS ETF

  —

  Quality

  $18.2M342,562 sh

• Schwab Fundamental US Large Company ETF - SCHWAB FDT US LG

  —

  Quality

  $17.5M563,849 sh
• 

  AMAZON COM INC

  $AMZN

  68.7

  Quality

  $17.3M72,532 sh
• 

  JOHNSON & JOHNSON

  $JNJ

  69.0

  Quality

  $16.2M63,795 sh
• 

  KLA CORP

  $KLAC

  78.6

  Quality

  $13.6M44,974 sh
• 

  BERKSHIRE HATHAWAY INC

  $BRK-A

  73.8

  Quality

  $12.7M25,472 sh

Company	Quality	Value	Shares
Apple Inc.$AAPL	76.4#84	$34.9M	120,730
Schwab Fundemental US Small Company ETF - SCHWAB FDT US SC	—	$34.5M	907,290
MICROSOFT CORP$MSFT	79.8#31	$30.5M	81,764
Alphabet Inc.$GOOG	78.2	$21.9M	61,393
Akre Focus ETF - AKRE FOCUS ETF	—	$18.2M	342,562
Schwab Fundamental US Large Company ETF - SCHWAB FDT US LG	—	$17.5M	563,849
AMAZON COM INC$AMZN	68.7	$17.3M	72,532
JOHNSON & JOHNSON$JNJ	69.0	$16.2M	63,795
KLA CORP$KLAC	78.6	$13.6M	44,974
BERKSHIRE HATHAWAY INC$BRK-A	73.8	$12.7M	25,472

Showing top 10 of 267 holdings.

Top Holdings — Ironwood Investment Counsel, LLC (Q2 2026)

Top 150 of 267 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$AAPL	Apple Inc.	$34.9M	4.6%	-1%	76.4
2	—	Schwab Fundemental US Small Company ETF - SCHWAB FDT US SC	$34.5M	4.5%	-4%	—
3	$MSFT	MICROSOFT CORP	$30.5M	4.0%	-0%	79.8
4	$GOOG	Alphabet Inc.	$21.9M	2.9%	-5%	78.2
5	—	Akre Focus ETF - AKRE FOCUS ETF	$18.2M	2.4%	-2%	—
6	—	Schwab Fundamental US Large Company ETF - SCHWAB FDT US LG	$17.5M	2.3%	+8%	—
7	$AMZN	AMAZON COM INC	$17.3M	2.3%	-0%	68.7
8	$JNJ	JOHNSON & JOHNSON	$16.2M	2.1%	+1%	69
9	$KLAC	KLA CORP	$13.6M	1.8%	+813%	78.6
10	$BRK-A	BERKSHIRE HATHAWAY INC	$12.7M	1.7%	+1%	73.8
11	$AXP	AMERICAN EXPRESS CO	$12.5M	1.6%	-1%	69.4
12	$SCHW	SCHWAB CHARLES CORP	$11.6M	1.5%	-1%	79.4
13	—	JPMorgan Ultra-Short Income ETF - ULTRA SHRT INC	$11.3M	1.5%	+0%	—
14	$TER	TERADYNE, INC	$11.1M	1.4%	-10%	77.3
15	$SYY	SYSCO CORP	$10.4M	1.4%	+4%	54.7
16	$MA	Mastercard Inc	$10.0M	1.3%	+2%	85.1
17	$QCOM	QUALCOMM INC/DE	$9.9M	1.3%	+1%	70.5
18	—	iShares S&P 500 Index - S&P 500 Index	$9.9M	1.3%	-1%	—
19	$USB	US BANCORP \DE\	$9.5M	1.3%	+2%	65.3
20	$JPM	JPMORGAN CHASE & CO	$9.5M	1.3%	+1%	70.7
21	—	iShares Russell 1000 Value Index - RUS 1000 VAL ETF	$9.4M	1.2%	+9%	—
22	$LMT	LOCKHEED MARTIN CORP	$9.4M	1.2%	+6%	65.6
23	$AVGO	Broadcom Inc.	$8.8M	1.2%	+1%	84.5
24	$NVDA	NVIDIA CORP	$7.9M	1.0%	+8%	85.9
25	$BUD	Anheuser-Busch InBev SA/NV	$7.7M	1.0%	+1%	—
26	$CMI	CUMMINS INC	$7.7M	1.0%	-15%	58.1
27	$UPS	UNITED PARCEL SERVICE INC	$7.7M	1.0%	+8%	58.6
28	$AMGN	AMGEN INC	$7.5M	1.0%	+7%	79.2
29	$ACN	Accenture plc	$7.4M	1.0%	+28%	—
30	$MDT	Medtronic plc	$7.3M	1.0%	+7%	68.7
31	$CTVA	Corteva, Inc.	$7.2M	0.9%	+1%	47.2
32	$LH	LABCORP HOLDINGS INC.	$7.0M	0.9%	+2%	65
33	$LOW	LOWES COMPANIES INC	$6.6M	0.9%	+3%	60.8
34	$PEP	PEPSICO INC	$6.4M	0.8%	-4%	63.4
35	$CRM	Salesforce, Inc.	$6.3M	0.8%	+77%	77
36	$MRK	Merck & Co., Inc.	$6.1M	0.8%	+1%	59.9
37	—	First Trust Preferred Sec & Inc ETF - PFD SECS INC ETF	$6.1M	0.8%	-2%	—
38	$IBM	INTERNATIONAL BUSINESS MACHINES CORP	$6.0M	0.8%	-4%	70
39	$CCZ	COMCAST CORP	$6.0M	0.8%	+8%	59.5
40	$DIS	Walt Disney Co	$6.0M	0.8%	+2%	60.1
41	$GOOGL	Alphabet Inc.	$5.8M	0.8%	+2%	78.2
42	$GLW	CORNING INC /NY	$5.6M	0.7%	-6%	73.7
43	$HD	HOME DEPOT, INC.	$5.5M	0.7%	+2%	60.3
44	$NOW	ServiceNow, Inc.	$5.4M	0.7%	+138%	72.9
45	$DG	DOLLAR GENERAL CORP	$5.4M	0.7%	+10%	59.5
46	—	JPMorgan Ultra-Short Municipal Inc ETF - ULTRA SHT MUNCPL	$5.3M	0.7%	+170%	—
47	$TSLA	Tesla, Inc.	$5.2M	0.7%	+2%	53.9
48	$CAH	CARDINAL HEALTH INC	$4.9M	0.7%	-4%	62.4
49	$OGE	OGE ENERGY CORP.	$4.9M	0.6%	+0%	64.4
50	$ELV	Elevance Health, Inc.	$4.8M	0.6%	+5%	59
51	$INTU	INTUIT INC.	$4.7M	0.6%	+71%	79.3
52	$CSCO	CISCO SYSTEMS, INC.	$4.6M	0.6%	-2%	70.3
53	$XOM.R34088	EXXON MOBIL CORP	$4.5M	0.6%	-1%	57.9
54	$MCK	MCKESSON CORP	$4.4M	0.6%	-2%	63.4
55	$LLY	ELI LILLY & Co	$4.3M	0.6%	+6%	87.5
56	—	iShares Core Dividend Growth ETF - CORE DIV GRWTH	$4.3M	0.6%	NEW	—
57	$HSY	HERSHEY CO	$4.3M	0.6%	+8%	65.7
58	$META	Meta Platforms, Inc.	$4.2M	0.6%	-7%	79.6
59	$CCI	CROWN CASTLE INC.	$4.2M	0.6%	+32%	61.7
60	—	Vanguard Small Cap ETF - SMALL CP ETF	$4.1M	0.5%	+0%	—
61	$SPY	SPDR S&P 500 ETF TRUST	$4.0M	0.5%	-6%	—
62	$MS	MORGAN STANLEY	$3.8M	0.5%	+5%	75.8
63	—	Vanguard S&P 500 ETF - S&P 500 ETF SHS	$3.7M	0.5%	-7%	—
64	$COST	COSTCO WHOLESALE CORP /NEW	$3.6M	0.5%	+0%	66.2
65	$PG	PROCTER & GAMBLE Co	$3.6M	0.5%	-0%	64.6
66	$WMT	Walmart Inc.	$3.5M	0.5%	-1%	60.2
67	—	iShares MSCI EAFE Value Index - EAFE VALUE ETF	$3.4M	0.4%	+2%	—
68	$CAT	CATERPILLAR INC	$3.2M	0.4%	+0%	66.5
69	—	Market Vectors High-Yield Muni ETF - HIGH YLD MUNIETF	$3.1M	0.4%	-5%	—
70	—	Vanguard MSCI EAFE ETF - VAN FTSE DEV MKT	$2.8M	0.4%	-1%	—
71	—	iShares Russell Midcap Value - RUS MDCP VAL ETF	$2.7M	0.3%	-3%	—
72	$V	VISA INC.	$2.6M	0.3%	-3%	82.9
73	—	Vanguard Total Stock Market ETF - TOTAL STK MKT	$2.5M	0.3%	+1%	—
74	$QQQ	INVESCO QQQ TRUST, SERIES 1	$2.5M	0.3%	-3%	—
75	$LRCX	LAM RESEARCH CORP	$2.4M	0.3%	-9%	79.4
76	$VZ	VERIZON COMMUNICATIONS INC	$2.4M	0.3%	+7%	65.8
77	—	Vanguard Interm-Tm Corp Bd Idx ETF - INT-TERM CORP	$2.4M	0.3%	+2%	—
78	$APD	Air Products & Chemicals, Inc.	$2.3M	0.3%	+19%	46.4
79	$AMD	ADVANCED MICRO DEVICES INC	$2.3M	0.3%	+8%	79.8
80	$T	AT&T INC.	$2.3M	0.3%	+9%	65.7
81	$ABBV	AbbVie Inc.	$2.3M	0.3%	-2%	72.6
82	$OMC	OMNICOM GROUP INC.	$2.2M	0.3%	+10%	59.1
83	$CVX	CHEVRON CORP	$2.2M	0.3%	-2%	62.8
84	$NTAP	NetApp, Inc.	$2.1M	0.3%	+8%	66.8
85	$INTC	INTEL CORP	$2.0M	0.3%	+0%	45.6
86	$MCD	MCDONALDS CORP	$2.0M	0.3%	-2%	69
87	$MDLZ	Mondelez International, Inc.	$2.0M	0.3%	+13%	56.4
88	$ES	EVERSOURCE ENERGY	$2.0M	0.3%	+26%	66.1
89	—	Schwab U.S. Dividend Equity ETF - US DIVIDEND EQ	$1.9M	0.3%	+8%	—
90	—	iShares MSCI EAFE Growth Index - EAFE GRWTH ETF	$1.9M	0.3%	+2%	—
91	—	iShares Barclays Aggregate Bond - CORE US AGGBD ET	$1.9M	0.2%	-12%	—
92	—	Vanguard Div Apprciation - DIV APP ETF	$1.8M	0.2%	+7%	—
93	$PAYX	PAYCHEX INC	$1.8M	0.2%	+19%	74.6
94	$KO	COCA COLA CO	$1.8M	0.2%	+0%	69.5
95	$ETN	Eaton Corp plc	$1.8M	0.2%	-0%	—
96	$TJX	TJX COMPANIES INC /DE/	$1.8M	0.2%	-2%	68.7
97	$BEN	FRANKLIN TEMPLETON INC	$1.7M	0.2%	+18%	57.9
98	$TROW	PRICE T ROWE GROUP INC	$1.7M	0.2%	+24%	69
99	$TSM	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	$1.7M	0.2%	-5%	—
100	$BRO	BROWN & BROWN, INC.	$1.7M	0.2%	-1%	73.8
101	$WM	WASTE MANAGEMENT INC	$1.6M	0.2%	+1%	67.6
102	$EMR	EMERSON ELECTRIC CO	$1.6M	0.2%	-5%	65.3
103	$DOX	AMDOCS LTD	$1.5M	0.2%	-21%	—
104	$BRK.A	BERKSHIRE HATHAWAY INC	$1.5M	0.2%	+0%	73.8
105	$MU	MICRON TECHNOLOGY INC	$1.5M	0.2%	+8%	86.2
106	—	Vanguard Short-Term Corp Bd Idx ETF - SHRT TRM CORP BD	$1.5M	0.2%	+2%	—
107	—	iShares MSCI EAFE Index - MSCI EAFE ETF	$1.4M	0.2%	+5%	—
108	$MCO	MOODYS CORP /DE/	$1.4M	0.2%	+0%	79.1
109	—	iShares iBoxx High Yield Corporate Bond ETF - IBOXX HI YD ETF	$1.4M	0.2%	-3%	—
110	—	iShares Russell 2000 Index - RUSSELL 2000 ETF	$1.4M	0.2%	-7%	—
111	—	Vanguard Mid-Cap ETF - MID CAP ETF	$1.3M	0.2%	+297%	—
112	—	iShares Russell 2000 Growth Index - RUS 2000 GRW ETF	$1.3M	0.2%	+0%	—
113	$BLK	BlackRock, Inc.	$1.3M	0.2%	-1%	70
114	—	iShares S&P 500 Grwth - S&P 500 GRWT ETF	$1.3M	0.2%	-0%	—
115	$DE	DEERE & CO	$1.3M	0.2%	-0%	55.4
116	$TXN	TEXAS INSTRUMENTS INC	$1.3M	0.2%	-1%	73.4
117	$HEI	HEICO CORP	$1.2M	0.2%	+0%	75.6
118	$BANF	BANCFIRST CORP /OK/	$1.2M	0.2%	+0%	56.1
119	$PNW	PINNACLE WEST CAPITAL CORP	$1.1M	0.1%	-17%	53.6
120	—	Vanguard Intl Divdend - INTL DVD ETF	$1.1M	0.1%	-0%	—
121	$GE	GENERAL ELECTRIC CO	$1.1M	0.1%	-4%	73.8
122	$ABT	ABBOTT LABORATORIES	$1.1M	0.1%	-2%	65.5
123	$GIS	GENERAL MILLS INC	$1.1M	0.1%	+46%	50.7
124	$GEV	GE Vernova Inc.	$1.0M	0.1%	-7%	81.1
125	$BKNG	Booking Holdings Inc.	$1.0M	0.1%	+2368%	58.5
126	—	iShares MSCI ACWI ex US Index - MSCI ACWI EX US	$1.0M	0.1%	+0%	—
127	$ADP	AUTOMATIC DATA PROCESSING INC	$999,194	0.1%	-6%	69.8
128	$ISRG	INTUITIVE SURGICAL INC	$989,825	0.1%	-0%	79.9
129	$CTRI	Centuri Holdings, Inc.	$985,309	0.1%	+0%	51.9
130	$UNH	UNITEDHEALTH GROUP INC	$982,495	0.1%	-7%	62.7
131	$STT	STATE STREET CORP	$973,869	0.1%	-4%	71.5
132	$SYK	STRYKER CORP	$970,336	0.1%	-0%	72.1
133	$ECL	ECOLAB INC.	$966,234	0.1%	-2%	63.3
134	$HUBB	HUBBELL INC	$954,843	0.1%	-58%	64.1
135	—	Communication Services Sel Sect SPDR ETF - COMMUNICATION	$923,647	0.1%	-36%	—
136	$MRSH	MARSH & MCLENNAN COMPANIES, INC.	$921,396	0.1%	+0%	66.2
137	$RTX	RTX Corp	$920,802	0.1%	+0%	73.2
138	$UNP	UNION PACIFIC CORP	$906,498	0.1%	-3%	69.7
139	$HEI.A	HEICO CORP	$893,916	0.1%	+0%	75.6
140	—	iShares S&P MidCap 400 Index - CORE S&P MCP ETF	$892,977	0.1%	+2%	—
141	—	Schwab U.S. Broad Market ETF - US BRD MKT ETF	$884,467	0.1%	-2%	—
142	$APH	AMPHENOL CORP /DE/	$883,895	0.1%	+0%	79.3
143	$MNST	Monster Beverage Corp	$881,708	0.1%	-5%	71.3
144	—	iShares Russell 1000 Growth Index - RUS 1000 GRW ETF	$849,768	0.1%	+376%	—
145	$SPGI	S&P Global Inc.	$835,152	0.1%	+0%	76.1
146	—	Vanguard Emerging Markets ETF - FTSE EMR MKT ETF	$830,402	0.1%	-1%	—
147	$PSLV	Sprott Physical Silver Trust	$829,713	0.1%	+0%	—
148	$COF	CAPITAL ONE FINANCIAL CORP	$795,459	0.1%	-1%	62.4
149	—	Schwab U.S. Large-Cap ETF - US LRG CAP ETF	$783,787	0.1%	+17%	—
150	—	iShares Core 1-5 Year USD Bond ETF - CORE 1 5 YR USD	$773,447	0.1%	-9%	—