IRONWOOD INVESTMENT COUNSEL, LLC

PrivateCIK: 1330463

Location

SCOTTSDALE, AZ

263

Positions

$694.15M

Total AUM (reported)

6.82M

Total Shares

Allocation by class

COM$421.22M60.7%

SCHWAB FDT US SC$30.50M4.4%

CL A$21.54M3.1%

COM NEW$20.15M2.9%

CAP STK CL A$18.58M2.7%

AKRE FOCUS ETF$18.43M2.7%

SCHWAB FDT US LG$14.52M2.1%

Portfolio Concentration

Top 3$91.71M13.2%

4–10$106.05M15.3%

11–25$130.25M18.8%

Rest$366.13M52.7%

Top 3 weight

13.2%

Top 10 weight

28.5%

Voting Authority Distribution

Total shares with voting rights: 6.82M

Sole

Full voting authority

6.81M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.72K

% of voting shares0.0%

Investment Discretion (by position count)

Sole263

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings263

Rows:

Apple

SOLE

COM

Shares121.64K

TypeSH

Market value$30.87M

4.45%

Sole

121.64K

Shared

0.00

None

0.00

Schwab Fundemental US Small Company ETF

SOLE

SCHWAB FDT US SC

Shares940.34K

TypeSH

Market value$30.50M

4.39%

Sole

940.32K

Shared

0.00

None

20.00

Microsoft

SOLE

COM

Shares81.98K

TypeSH

Market value$30.35M

4.37%

Sole

81.98K

Shared

0.00

None

2.00

Alphabet Inc Class A

SOLE

CAP STK CL A

Shares64.61K

TypeSH

Market value$18.58M

2.68%

Sole

64.60K

Shared

0.00

None

8.00

Akre Focus ETF

SOLE

AKRE FOCUS ETF

Shares348.74K

TypeSH

Market value$18.43M

2.66%

Sole

348.74K

Shared

0.00

None

0.00

Johnson & Johnson

SOLE

COM

Shares63.07K

TypeSH

Market value$15.42M

2.22%

Sole

63.07K

Shared

0.00

None

3.00

Amazon.com Inc.

SOLE

COM

Shares72.75K

TypeSH

Market value$15.15M

2.18%

Sole

72.75K

Shared

0.00

None

6.00

Schwab Fundamental US Large Company ETF

SOLE

SCHWAB FDT US LG

Shares521.50K

TypeSH

Market value$14.52M

2.09%

Sole

521.14K

Shared

0.00

None

357.00

Berkshire Hathaway Inc Class B

SOLE

CL B NEW

Shares25.14K

TypeSH

Market value$12.05M

1.74%

Sole

25.14K

Shared

0.00

None

0.00

Charles Schwab Corp

SOLE

COM

Shares126.60K

TypeSH

Market value$11.90M

1.71%

Sole

126.59K

Shared

0.00

None

10.00

American Express

SOLE

COM

Shares37.29K

TypeSH

Market value$11.28M

1.62%

Sole

37.29K

Shared

0.00

None

0.00

JPMorgan Ultra-Short Income ETF

SOLE

ULTRA SHRT INC

Shares222.28K

TypeSH

Market value$11.25M

1.62%

Sole

222.28K

Shared

0.00

None

0.00

Lockheed Martin Corp

SOLE

COM

Shares17.33K

TypeSH

Market value$10.48M

1.51%

Sole

17.33K

Shared

0.00

None

0.00

Mastercard

SOLE

COM

Shares19.08K

TypeSH

Market value$9.54M

1.37%

Sole

19.08K

Shared

0.00

None

2.00

Accenture PLC

SOLE

SH CL A

Shares46.54K

TypeSH

Market value$9.23M

1.33%

Sole

46.54K

Shared

0.00

None

0.00

iShares S&P 500 Index

SOLE

S&P 500 Index

Shares13.34K

TypeSH

Market value$8.72M

1.26%

Sole

13.34K

Shared

0.00

None

0.00

Sysco

SOLE

COM

Shares119.89K

TypeSH

Market value$8.55M

1.23%

Sole

119.89K

Shared

0.00

None

0.00

JP Morgan Chase & Co

SOLE

COM

Shares28.69K

TypeSH

Market value$8.44M

1.22%

Sole

28.69K

Shared

0.00

None

0.00

US Bancorp

SOLE

COM

Shares154.77K

TypeSH

Market value$8.05M

1.16%

Sole

154.77K

Shared

0.00

None

0.00

iShares Russell 1000 Value Index

SOLE

RUS 1000 VAL ETF

Shares35.61K

TypeSH

Market value$7.61M

1.10%

Sole

35.61K

Shared

0.00

None

2.00

Pepsico Incorporated

SOLE

COM

Shares48.89K

TypeSH

Market value$7.59M

1.09%

Sole

48.89K

Shared

0.00

None

0.00

Medtronic

SOLE

COM

Shares87.47K

TypeSH

Market value$7.58M

1.09%

Sole

87.47K

Shared

0.00

None

0.00

Teradyne, Inc.

SOLE

COM

Shares25.31K

TypeSH

Market value$7.50M

1.08%

Sole

25.30K

Shared

0.00

None

7.00

KLA Corporation

SOLE

COM NEW

Shares4.93K

TypeSH

Market value$7.25M

1.04%

Sole

4.92K

Shared

0.00

None

1.00

Broadcom Ltd

SOLE

COM

Shares23.22K

TypeSH

Market value$7.19M

1.04%

Sole

23.22K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
AppleSOLE	COM	121.64K	SH	$30.87M 4.45%	121.64K	0.00
Schwab Fundemental US Small Company ETFSOLE	SCHWAB FDT US SC	940.34K	SH	$30.50M 4.39%	940.32K	20.00
MicrosoftSOLE	COM	81.98K	SH	$30.35M 4.37%	81.98K	2.00
Alphabet Inc Class ASOLE	CAP STK CL A	64.61K	SH	$18.58M 2.68%	64.60K	8.00
Akre Focus ETFSOLE	AKRE FOCUS ETF	348.74K	SH	$18.43M 2.66%	348.74K	0.00
Johnson & JohnsonSOLE	COM	63.07K	SH	$15.42M 2.22%	63.07K	3.00
Amazon.com Inc.SOLE	COM	72.75K	SH	$15.15M 2.18%	72.75K	6.00
Schwab Fundamental US Large Company ETFSOLE	SCHWAB FDT US LG	521.50K	SH	$14.52M 2.09%	521.14K	357.00
Berkshire Hathaway Inc Class BSOLE	CL B NEW	25.14K	SH	$12.05M 1.74%	25.14K	0.00
Charles Schwab CorpSOLE	COM	126.60K	SH	$11.90M 1.71%	126.59K	10.00
American ExpressSOLE	COM	37.29K	SH	$11.28M 1.62%	37.29K	0.00
JPMorgan Ultra-Short Income ETFSOLE	ULTRA SHRT INC	222.28K	SH	$11.25M 1.62%	222.28K	0.00
Lockheed Martin CorpSOLE	COM	17.33K	SH	$10.48M 1.51%	17.33K	0.00
MastercardSOLE	COM	19.08K	SH	$9.54M 1.37%	19.08K	2.00
Accenture PLCSOLE	SH CL A	46.54K	SH	$9.23M 1.33%	46.54K	0.00
iShares S&P 500 IndexSOLE	S&P 500 Index	13.34K	SH	$8.72M 1.26%	13.34K	0.00
SyscoSOLE	COM	119.89K	SH	$8.55M 1.23%	119.89K	0.00
JP Morgan Chase & CoSOLE	COM	28.69K	SH	$8.44M 1.22%	28.69K	0.00
US BancorpSOLE	COM	154.77K	SH	$8.05M 1.16%	154.77K	0.00
iShares Russell 1000 Value IndexSOLE	RUS 1000 VAL ETF	35.61K	SH	$7.61M 1.10%	35.61K	2.00
Pepsico IncorporatedSOLE	COM	48.89K	SH	$7.59M 1.09%	48.89K	0.00
MedtronicSOLE	COM	87.47K	SH	$7.58M 1.09%	87.47K	0.00
Teradyne, Inc.SOLE	COM	25.31K	SH	$7.50M 1.08%	25.30K	7.00
KLA CorporationSOLE	COM NEW	4.93K	SH	$7.25M 1.04%	4.92K	1.00
Broadcom LtdSOLE	COM	23.22K	SH	$7.19M 1.04%	23.22K	0.00

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