SEC 13F Intelligence

Managers / Q1 2026

IRON Financial LLC

CIK 0001595509 · 630 DUNDEE ROAD, SUITE 300, NORTHBROOK, IL, 60062 · 847-715-3200

Reported Value
$229M
Q1 2026
Positions
217
Filings on Record
30
2019–present window
Filed
Apr 27, 2026
original filing

Summary

Iron Financial LLC reported $229M in U.S.-listed holdings across 217 positions for Q1 2026.

Its largest position, CME, represents 7.5% of the portfolio.

Compared with Q4 2025, the fund opened 35 new positions and exited 22.

Portfolio Metrics

Turnover
+8.5%
vs prior filed quarter
Top-10 Concentration
+47.5%
share of reported value
Largest Position
+7.5%
Cme
New / Exited
35 / 22
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $128MQ4 ’18Q1 ’19: $158MQ2 ’19: $107MQ3 ’19: $134MQ4 ’19: $210MQ4 ’19Q1 ’20: $160MQ2 ’20: $194MQ3 ’20: $181MQ4 ’20: $199MQ4 ’20Q1 ’21: $190MQ2 ’21: $214MQ3 ’21: $208MQ4 ’21: $224MQ4 ’21Q1 ’22: $217MQ2 ’22: $191MQ3 ’22: $182MQ4 ’22: $174MQ4 ’22Q1 ’23: $182MQ2 ’23: $186MQ3 ’23: $172MQ4 ’23: $176MQ4 ’23Q1 ’24: $179MQ2 ’24: $178MQ3 ’24: $184MQ4 ’24: $178MQ4 ’24Q1 ’25: $178MQ2 ’25: $193MQ3 ’25: $209MQ4 ’25: $218MQ4 ’25Q1 ’26: $229Mfilingsflow.com

Portfolio Composition

By security type
ETP: 63.7%Common Stock: 35.0%REIT: 0.9%Other: 0.2%ADR: 0.1%Other: 0.1%
  • ETP · 63.7% · $146M
  • Common Stock · 35.0% · $80M
  • REIT · 0.9% · $2M
  • Other · 0.2% · $500,555
  • ADR · 0.1% · $297,849
  • Other · 0.1% · $186,807

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD MUN BD FDSNEW+45.3K45.3K+$3M$3M
PUTNAM ETF TRUSTNEW+287.6K287.6K+$3M$3M
J P MORGAN EXCHANGE TRADED FNEW+25.8K25.8K+$1M$1M
CIENCIENA CORPNEW+2.6K2.6K+$1M$1M
TJXTJX COS INC NEWNEW+5.9K5.9K+$943,249$943,249
ADSKAUTODESK INCNEW+3.8K3.8K+$921,212$921,212
4I1PHILIP MORRIS INTL INCNEW+5.3K5.3K+$873,381$873,381
FEFIRSTENERGY CORPNEW+17.0K17.0K+$859,347$859,347

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE 1 5 YR USD · ULTRA SHORT DUR · IBONDS DEC2026 · CORE DIVID ETF · MSCI USA MIN VOL12.05%$28M627.6K
2SCHYSCHWAB STRATEGIC TRINTERNL DIVID · US DIVIDEND EQ · US TIPS ETF8.86%$20M676.8K
3CMECME GROUP INChistory →COM7.52%$17M58.3K
4AAPLAPPLE INChistory →COM6.88%$16M62.1K
5SPDR SERIES TRUSTSTATE STREET SPD6.03%$14M249.0K
6VANGUARD INDEX FDSTOTAL STK MKT5.01%$11M35.7K
7STATE STR SPDR S&P 500 ETF TTR UNIT3.68%$8M13.0K
8HARTFORD FDS EXCHANGE TRADEDTOTAL RTRN ETF3.63%$8M246.2K
9PGIM ETF TRPGIM ULTRA SH BD2.55%$6M117.7K
10ISHARES INCMSCI GBL MIN VOL2.53%$6M48.4K
11J P MORGAN EXCHANGE TRADED FULTRA SHRT ETF · JPMORGAM LTD DUR · US QUALTY FCTR1.68%$4M71.3K
12ISHARES U S ETF TRSHORT DURATION B1.55%$4M69.6K
13VANGUARD MUN BD FDSSHORT TAX EXEMPT1.51%$3M45.3K
14SPDR INDEX SHS FDSSTATE STREET SPD1.49%$3M74.1K
15VANECK ETF TRUSTMRNGSTR WDE MOAT1.43%$3M33.8K
16CBOECBOE GLOBAL MKTS INChistory →COM1.27%$3M10.4K
17PUTNAM ETF TRUSTFRANKLIN SHT TRM1.24%$3M287.6K
18NVDANVIDIA CORPORATIONhistory →COM1.21%$3M15.9K
19AMZNAMAZON COM INChistory →COM1.20%$3M13.2K
20JPMJPMORGAN CHASE & COhistory →COM1.15%$3M8.9K
21VANGUARD SCOTTSDALE FDSINTER TERM TREAS1.14%$3M43.7K
22MSFTMICROSOFT CORPhistory →COM1.01%$2M6.2K
23VANGUARD SPECIALIZED FUNDSDIV APP ETF0.87%$2M9.2K
24FIDELITY MERRIMACK STR TRTOTAL BD ETF0.79%$2M39.5K
25VANGUARD STAR FDSVG TL INTL STK F0.72%$2M21.3K
26JNJJOHNSON & JOHNSONCOM0.60%$1M5.6K
27EXMOCEXXON MOBIL CORPCOM0.58%$1M7.9K
28WMTWALMART INCCOM0.55%$1M10.1K
29METAMETA PLATFORMS INCCL A0.47%$1M1.9K
30OXYOCCIDENTAL PETE CORPCOM0.47%$1M16.6K
31CIENCIENA CORPCOM NEW0.44%$1M2.6K
32NDQINVESCO QQQ TRUNIT SER 10.42%$951,1241.6K
33CRWDCROWDSTRIKE HLDGS INCCL A0.40%$922,1492.4K
34TJXTJX COS INC NEWCOM0.40%$921,3705.8K
35ADSKAUTODESK INCCOM0.40%$918,0993.8K
36EXEEXPAND ENERGY CORPORATIONCOM0.40%$911,9438.3K
37PGPROCTER & GAMBLE COCOM0.39%$887,3976.1K
38GOOGLALPHABET INCCAP STK CL A0.38%$873,1193.0K
394I1PHILIP MORRIS INTL INCCOM0.38%$865,4445.2K
40FEFIRSTENERGY CORPCOM0.37%$856,96516.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$229M217Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$218M132Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$209M139Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$193M126Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$178M113Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$178M104Jan 22, 202513F-HRchanges · EDGAR ↗
Q3 2024$184M108Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$178M101Jul 29, 202413F-HRchanges · EDGAR ↗
Q1 2024$179M98Apr 23, 202413F-HRchanges · EDGAR ↗
Q4 2023$176M98Jan 19, 202413F-HRchanges · EDGAR ↗
Q3 2023$172M97Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$186M101Jul 24, 202313F-HRchanges · EDGAR ↗
Q1 2023$182M97Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$174M97Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$182M93Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$191M96Jul 27, 202213F-HRchanges · EDGAR ↗
Q1 2022$217M111May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$224M115Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$208M110Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$214M107Jul 28, 202113F-HRchanges · EDGAR ↗
Q1 2021$190M104May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$199M122Jan 13, 202113F-HRchanges · EDGAR ↗
Q3 2020$181M102Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$194M111Jul 15, 202013F-HRchanges · EDGAR ↗
Q1 2020$160M107Apr 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$210M118Jan 30, 202013F-HRchanges · EDGAR ↗
Q3 2019$134M100Oct 21, 201913F-HRchanges · EDGAR ↗
Q2 2019$107M92Aug 2, 201913F-HRchanges · EDGAR ↗
Q1 2019$158M94May 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$128M79Jan 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.