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Ironwood Financial, llc

SEC Form 13F institutional filer · CIK 0001630360

13F-HR · 66 reported holdings · 2026-03-31

Reported long-US-equity value

$0.39B

Top-10 concentration

79.8%

Ironwood Financial, llc — $386M AUM allocation strategy

Ironwood Financial, llc files SEC Form 13F and reports $386M of long US equity value across 66 reported holdings for 2026-03-31.

Its largest sector bet is Financials 30.1%, followed by Information Technology 11.8% and Communication Services 2.9%.

The top 10 holdings account for 80% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Ironwood Financial, llc — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$386M

total across 66 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

80% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$IVV$XLE$VTI

+$IVV +2.44K sh · −$5.48M+$XLE +2.31K sh · +$510K+$VTI +2.17K sh · −$117K

Biggest trims (shares)

$IVZ$SCHW$AAPL

−$IVZ −90.4K sh · −$1.86M−$SCHW −6.44K sh · −$573K−$AAPL −5.48K sh · −$2.4M

Added from nil (new positions)

$XOM$CVX

2 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

None this quarter

Sector allocation (share of reported value)

ETFs 41%Financials 30%Information Technology 12%Communication Services 3%Health Care 2%Consumer Discretionary 2%Consumer Staples 1%Other holdings 9%SECTORS
  • ETFs40.8%
  • $XLFFinancials30.1%
  • $XLKInformation Technology11.8%
  • $XLCCommunication Services2.9%
  • $XLVHealth Care2.2%
  • $XLYConsumer Discretionary1.7%
  • $XLPConsumer Staples1.0%
  • Other holdings9.5%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Asset Management & Custody Banks 18%Technology Hardware, Storage & Peripherals 10%Financial Exchanges & Data 8%Interactive Media & Services 3%Investment Banking & Brokerage 3%Broadline Retail 2%Pharmaceuticals 1%Systems Software 1%Other holdings 54%INDUSTRIES
  • Asset Management & Custody Banks18.3%
  • Technology Hardware, Storage & Peripherals9.9%
  • Financial Exchanges & Data8.1%
  • Interactive Media & Services2.9%
  • Investment Banking & Brokerage2.6%
  • Broadline Retail1.7%
  • Pharmaceuticals1.3%
  • Systems Software1.3%
  • Other holdings54.0%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

7 of 7 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$IVZInvesco Ltd1.72M$42.3M-90.4K10.9%
$AAPLApple Inc151K$38.2M-5.48K9.9%
$SPGIS&P Global Inc187K$31.1M-1.52K8.1%
$BLKBlackRock Inc257K$28.2M-4K7.3%
$SCHWCharles Schwab Corporation338K$10.1M-6.44K2.6%
$AMZNAmazon.com Inc31.2K$6.5M+01.7%
$GOOGAlphabet Inc. Class C Capital Stock20.2K$5.82M-121.5%

…and 59 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

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How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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