Tanglewood Wealth Management, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Tanglewood Wealth Management, Inc. reported 34 stock positions worth $868.0 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 21.8% of the portfolio, followed by iShares 3-7 Year Treasury Bo (IEI, 19.4%) and Vanguard Ftse Developed ETF (VEA, 8.0%). Compared with Q3 2024, it opened 2 new positions, sold out of 4, added to 13 and reduced 14. The biggest buy was iShares 3-7 Year Treasury Bo (IEI, shares +33%) and the biggest sale Vanguard Ftse Developed ETF (VEA, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001454308
- Portfolio Value
- $868.0M (Q4 2024)
- SEC Filing
- 0001454308-25-000002 ↗ filed Jan 24, 2025
Holdings Value
Holdings 34 stocks · $868.0M
| VTI VG Morningstar TS MKT ETF-US | 21.79% | 652,748 | $189.2M | Reduce -2.1% |
| IEI iShares 3-7 Year Treasury Bo | 19.36% | 1,454,378 | $168.1M | Add +32.8% |
| VEA Vanguard Ftse Developed ETF | 7.98% | 1,449,237 | $69.3M | Reduce -12.3% |
| IAU iShares Gold Trust | 7.31% | 1,282,274 | $63.5M | Add +4.7% |
| QQQ Invesco QQQ Trust Series 1 | 5.48% | 93,101 | $47.6M | Add +17.1% |
| GLD SPDR Gold Shares | 5.21% | 186,676 | $45.2M | Reduce -0.3% |
| VGIT Vanguard Intermediate-Term T | 4.93% | 738,369 | $42.8M | Reduce -2.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 4.21% | 1,544,410 | $36.6M | Reduce -12.5% |
| FPAG Fpa Global Equity ETF New | 4.03% | 1,154,987 | $35.0M | Add +3.6% |
| IWV iShares Russell 3000 ETF | 3.78% | 98,253 | $32.8M | Reduce -0.1% |
| QUAL iShares MSCI USA Quality Fac | 2.89% | 140,947 | $25.1M | Reduce -1.5% |
| EFA iShares MSCI Eafe ETF | 2.70% | 310,044 | $23.4M | Reduce -6.7% |
| VNQ Vanguard Real Estate ETF | 2.31% | 224,820 | $20.0M | Add +48.6% |
| FRDM Freedom 100 Emeging MRKT ETF | 2.18% | 577,744 | $18.9M | Reduce -34.4% |
| SCHB Schwab US Broad Market ETF | 1.96% | 747,692 | $17.0M | Add +0.3% |
| VIGI Vanguard Int Div App Indx FD | 0.91% | 99,022 | $7.9M | Reduce -1.2% |
| EFG iShares MSCI Eafe Growth ETF | 0.73% | 65,213 | $6.3M | Reduce -1.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.49% | 59,957 | $4.2M | Reduce -8.1% |
| TCAF T Rowe PRC Cap Appreciation | 0.46% | 120,614 | $4.0M | Add +12.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.23% | 35,473 | $2.0M | Add +0.0% |
| XLK SS Technology Select Sector | 0.19% | 6,963 | $1.6M | Add +64.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 2,478 | $1.5M | No change |
| IEF iShares 7-10 Year Treasury B | 0.10% | 8,953 | $828K | New |
| AAPL Apple Inc. | 0.09% | 3,056 | $765K | Add +27.7% |
| SCHX Schwab US Large-Cap ETF | 0.08% | 29,926 | $694K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.08% | 1 | $681K | No change |
| GOOGL Alphabet Inc. Class A | 0.08% | 3,540 | $670K | Add +53.9% |
| MSFT Microsoft Corp. | 0.07% | 1,544 | $651K | Add +38.7% |
| JEPI JPMorgan Equity Premium Inco | 0.05% | 7,040 | $405K | No change |
| IYR iShares US Real Estate ETF | 0.04% | 3,372 | $314K | Add +8.0% |
| EFV iShares MSCI Eafe Value ETF | 0.04% | 5,972 | $313K | Reduce -0.3% |
| SCHD Schwab US DVD Equity ETF | 0.03% | 10,677 | $292K | No change |
| SCHH Schwab US REIT ETF | 0.02% | 9,596 | $202K | Reduce -3.9% |
| SGOV iShares 0-3 Month Treasury B | 0.02% | 2,000 | $201K | New |
Portfolio Sells Q3 2024 → Q4 2024
| VEA Vanguard Ftse Developed ETF | Reduce -12.3% | 7.98% | −2.08 |
| FRDM Freedom 100 Emeging MRKT ETF | Reduce -34.4% | 2.18% | −1.46 |
| XLRE SS Real Estate Select Sector | Sold out | 0.00% | −1.25 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -12.5% | 4.21% | −0.65 |
| EFA iShares MSCI Eafe ETF | Reduce -6.7% | 2.70% | −0.50 |
| VGIT Vanguard Intermediate-Term T | Reduce -2.0% | 4.93% | −0.31 |
| VIGI Vanguard Int Div App Indx FD | Reduce -1.2% | 0.91% | −0.11 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -8.1% | 0.49% | −0.10 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -1.9% | 0.73% | −0.10 |
| QUAL iShares MSCI USA Quality Fac | Reduce -1.5% | 2.89% | −0.06 |
| GLD SPDR Gold Shares | Reduce -0.3% | 5.21% | −0.04 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.02 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.02 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.02 |
| EFV iShares MSCI Eafe Value ETF | Reduce -0.3% | 0.04% | −0.00 |
| SCHH Schwab US REIT ETF | Reduce -3.9% | 0.02% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.1% | 21.79% | +0.05 |
| IWV iShares Russell 3000 ETF | Reduce -0.1% | 3.78% | +0.08 |
Portfolio Buys Q3 2024 → Q4 2024
| IEI iShares 3-7 Year Treasury Bo | Add +32.8% | 19.36% | +4.27 |
| QQQ Invesco QQQ Trust Series 1 | Add +17.1% | 5.48% | +1.01 |
| VNQ Vanguard Real Estate ETF | Add +48.6% | 2.31% | +0.61 |
| IAU iShares Gold Trust | Add +4.7% | 7.31% | +0.30 |
| IEF iShares 7-10 Year Treasury B | New | 0.10% | +0.10 |
| XLK SS Technology Select Sector | Add +64.8% | 0.19% | +0.08 |
| FPAG Fpa Global Equity ETF New | Add +3.6% | 4.03% | +0.06 |
| TCAF T Rowe PRC Cap Appreciation | Add +12.6% | 0.46% | +0.05 |
| SCHB Schwab US Broad Market ETF | Add +0.3% | 1.96% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +53.9% | 0.08% | +0.03 |
| AAPL Apple Inc. | Add +27.7% | 0.09% | +0.02 |
| SGOV iShares 0-3 Month Treasury B | New | 0.02% | +0.02 |
| MSFT Microsoft Corp. | Add +38.7% | 0.07% | +0.02 |
| IYR iShares US Real Estate ETF | Add +8.0% | 0.04% | −0.00 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.0% | 0.23% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $1.2B | VTI, VEA, IEI, VGIT, IAU |
| Q1 2026 | 38 | $1.2B | VTI, IEI, VEA, IAU, SHY |
| Q4 2025 | 35 | $1.1B | VTI, VEA, IEI, IAU, VGIT |
| Q3 2025 | 39 | $1.1B | VTI, VEA, IEI, IAU, VGIT |
| Q2 2025 | 40 | $1.0B | VTI, VEA, IEI, VGIT, IAU |
| Q1 2025 | 36 | $888.9M | VTI, IEI, VEA, IAU, IEF |
| Q4 2024 | 34 | $868.0M | VTI, IEI, VEA, IAU, QQQ |
| Q3 2024 | 36 | $867.9M | VTI, IEI, VEA, IAU, VGIT |
| Q2 2024 | 30 | $804.3M | VTI, IEI, VEA, IAU, VGIT |
| Q1 2024 | 33 | $809.2M | VTI, IEI, VEA, IAU, VGIT |