Articles

Introduction The past year reinforced why disciplined research remains central to small cap investing. As market narratives shifted and volatility created dispersion across sectors, the importance of first hand diligence, structured analysis, and ongoing engagement with company leadership became increasingly clear. For investors focused on small cap equities, understanding businesses beyond financial statements can support […]

Visiting companies directly remains one of the most important components of a disciplined investment diligence process. At Ironwood Investment Management, LLC, meeting leadership teams, understanding day-to-day operations and observing technology or products firsthand helps us evaluate the potential opportunities and risks that may shape a company’s long-term trajectory. This approach is especially valuable in the

Introduction At Ironwood Investment Management, LLC, we believe that diligence is one of the defining factors that sets thoughtful investors apart in small-cap investing. While data analysis and financial modeling are vital, we find that the most valuable insights often come from seeing the businesses we invest in up close: meeting leadership teams, touring facilities,

Introduction The U.S. government entered a shutdown on October 1, 2025, marking another period of fiscal uncertainty that ripples through financial markets. For investors, these events raise questions about how different asset classes may react. While large-cap companies often capture headlines during periods of political turbulence, small-cap equities can provide unique insights into the underlying

Introduction For the first time in nearly four years, the Russell 2000 index closed at a record high, capturing attention across Wall Street. The recent small-cap rally has sparked discussion about how these companies may benefit from changing economic conditions, particularly following the Federal Reserve’s recent interest rate cuts. While large-cap benchmarks also moved higher,

Introduction Large caps and the Magnificent Seven have dominated the headlines in recent years, but good returns have been available elsewhere. Small-cap investing has continued to offer potential opportunities, even through challenging cycles. At Ironwood Investment Management, LLC, the Small Cap Core (SCC) Strategy reflects that resilience. Year to date in 2025, through August 31,

Introduction The investment landscape is undergoing a notable shift as small cap core stocks demonstrate renewed vigor after an extended period of underperformance relative to large-cap peers. This resurgence has captured the attention of institutional investors, portfolio managers, and individuals seeking diversified growth. The question remains: are we witnessing a structural change in market dynamics

Introduction In today’s dynamic equity markets, small-cap stocks continue to capture investor attention. With their potential for innovation and agility, they represent both opportunities and challenges for long-term portfolios. Against this backdrop, Ironwood Investment Management, LLC was awarded two PSN Top Guns for Small Cap Core: one for quarterly performance and one for three-year performance,

Introduction: Navigating Small-Cap Investing with Discipline and Insight In today’s dynamic market environment, investor sentiment can shift rapidly. Short-term news events, earnings surprises, and economic headlines can all trigger sharp moves in stock prices. For small-cap companies, where liquidity is often limited, this volatility can be even more pronounced. Ironwood Investment Management, LLC’s Small Cap

Introduction: Market Resilience and Small Cap Strategy Relevance After a turbulent first quarter, the U.S. equity markets displayed renewed energy in Q2 2025, particularly within the small cap sector. As tariff-related anxieties began to ease, small cap stocks responded with renewed momentum, capturing the attention of institutional and individual investors alike. The Russell 2000 Index