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Institutional Investment Manager
Ironwood Investment Counsel, LLC
Ironwood Investment Counsel, LLC (CIK: 0001330463) incorporated in Arizona, located at The Scottsdale Forum, Scottsdale, AZ. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 155 holdings with a total value of $224,531,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 MICROSOFT CORP 174,639 10,852,000 4.83%
2 EXXON MOBIL CORP 116,873 10,549,000 4.70%
3 GENERAL ELECTRIC CO 266,799 8,431,000 3.75%
4 JOHNSON & JOHNSON 64,663 7,450,000 3.32%
5 PROCTER AND GAMBLE CO 88,233 7,419,000 3.30%
6 SYSCO CORP 111,263 6,161,000 2.74%
7 PEPSICO INC 52,408 5,483,000 2.44%
8 WESTERN UN CO 238,228 5,174,000 2.30%
9 APPLE INC 44,264 5,127,000 2.28%
10 CISCO SYS INC 162,963 4,925,000 2.19%
11 INTERNATIONAL BUSINESS MACHS 29,151 4,839,000 2.16%
12 AMERICAN EXPRESS CO 59,820 4,431,000 1.97%
13 WAL-MART STORES INC 64,075 4,429,000 1.97%
14 EMERSON ELEC CO 78,415 4,372,000 1.95%
15 MONDELEZ INTL INC 95,821 4,248,000 1.89%
16 US BANCORP DEL 82,647 4,246,000 1.89%
17 SCHWAB CHARLES CORP 97,720 3,857,000 1.72%
18 UNITED PARCEL SERVICE INC 30,218 3,464,000 1.54%
19 CAPITAL ONE FINL CORP 40,580 3,393,000 1.51%
20 WALGREENS BOOTS ALLIANCE INC 37,818 3,130,000 1.39%
21 MAGELLAN MIDSTREAM PRTNRS LP 40,925 3,095,000 1.38%
22 3M Co 16,818 3,003,000 1.34%
23 INTEL CORP 73,779 2,676,000 1.19%
24 MCDONALDS CORP 20,877 2,541,000 1.13%
25 DISNEY WALT CO 23,944 2,495,000 1.11%
26 AUTOMATIC DATA PROCESSING IN 23,942 2,461,000 1.10%
27 HOME DEPOT INC 18,223 2,443,000 1.09%
28 BERKSHIRE HATHAWAY INC DEL 10 2,441,000 1.09%
29 WILLIS TOWERS WATSON PLC LTD SHS 19,404 2,373,000 1.06%
30 BANCFIRST CORP 24,200 2,252,000 1.00%
31 MARKEL CORP 2,418 2,187,000 0.97%
32 XILINX INC 35,730 2,157,000 0.96%
33 MEDTRONIC INC 29,366 2,092,000 0.93%
34 C.H. ROBINSON WORLDW 28,476 2,086,000 0.93%
35 DIAGEO P L C 19,424 2,019,000 0.90%
36 ISHARES MSCI ACWI EX US IDX FD 48,000 1,933,000 0.86%
37 ENTERPRISE PRODS PARTNERS L 71,237 1,926,000 0.86%
38 CLOROX CO DEL 15,329 1,840,000 0.82%
39 BROWN & BROWN INC COM 36,551 1,827,000 0.81%
40 ISHARES TR 7,718 1,736,000 0.77%
41 ANTHEM INC 11,978 1,722,000 0.77%
42 CHEVRON CORP NEW 14,619 1,721,000 0.77%
43 MASTERCARD INCORPORATED 15,347 1,585,000 0.71%
44 Merck & Co., Inc. 26,257 1,546,000 0.69%
45 MCKESSON CORP 10,888 1,529,000 0.68%
46 JPMORGAN CHASE & CO 16,722 1,443,000 0.64%
47 KINDER MORGAN INC DEL 69,323 1,436,000 0.64%
48 PFIZER INC 41,926 1,362,000 0.61%
49 AT&T INC 30,442 1,295,000 0.58%
50 STRYKER CORP 10,395 1,245,000 0.55%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001330463-17-000001, filed 2017.02.14).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.