Tanglewood Wealth Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), Tanglewood Wealth Management, Inc. reported 36 stock positions worth $888.9 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 14.6% of the portfolio, followed by iShares 3-7 Year Treasury Bo (IEI, 14.1%) and Vanguard Ftse Developed ETF (VEA, 12.0%). Compared with Q4 2024, it opened 3 new positions, sold out of 1, added to 4 and reduced 20. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +6139%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001454308
- Portfolio Value
- $888.9M (Q1 2025)
- SEC Filing
- 0001454308-25-000003 ↗ filed Apr 14, 2025
Holdings Value
Holdings 36 stocks · $888.9M
| VTI VG Morningstar TS MKT ETF-US | 14.55% | 470,705 | $129.4M | Reduce -27.9% |
| IEI iShares 3-7 Year Treasury Bo | 14.10% | 1,060,696 | $125.3M | Reduce -27.1% |
| VEA Vanguard Ftse Developed ETF | 11.99% | 2,096,680 | $106.6M | Add +44.7% |
| IAU iShares Gold Trust | 8.44% | 1,272,287 | $75.0M | Reduce -0.8% |
| IEF iShares 7-10 Year Treasury B | 5.99% | 558,606 | $53.3M | Add +6139.3% |
| GLD SPDR Gold Shares | 5.94% | 183,188 | $52.8M | Reduce -1.9% |
| QQQ Invesco QQQ Trust Series 1 | 4.23% | 80,240 | $37.6M | Reduce -13.8% |
| FPAG Fpa Global Equity ETF New | 3.76% | 1,113,468 | $33.4M | Reduce -3.6% |
| VGIT Vanguard Intermediate-Term T | 3.74% | 559,633 | $33.2M | Reduce -24.2% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.28% | 1,233,735 | $29.1M | Reduce -20.1% |
| IWV iShares Russell 3000 ETF | 3.22% | 90,009 | $28.6M | Reduce -8.4% |
| ACWV iShares MSCI Global Min Vol | 3.04% | 232,522 | $27.1M | New |
| FRDM Freedom 100 Emeging MRKT ETF | 2.94% | 745,583 | $26.1M | Add +29.1% |
| VFMV Vanguard US Minimum Volatili | 2.88% | 201,853 | $25.6M | New |
| EFA iShares MSCI Eafe ETF | 2.68% | 292,006 | $23.9M | Reduce -5.8% |
| QUAL iShares MSCI USA Quality Fac | 2.41% | 125,570 | $21.5M | Reduce -10.9% |
| VNQ Vanguard Real Estate ETF | 2.18% | 213,588 | $19.3M | Reduce -5.0% |
| SCHB Schwab US Broad Market ETF | 1.63% | 674,938 | $14.5M | Reduce -9.7% |
| VIGI Vanguard Int Div App Indx FD | 0.77% | 82,648 | $6.9M | Reduce -16.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.48% | 56,342 | $4.3M | Reduce -6.0% |
| TCAF T Rowe PRC Cap Appreciation | 0.45% | 122,944 | $4.0M | Add +1.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.23% | 20,642 | $2.1M | Reduce -68.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.20% | 29,319 | $1.8M | Reduce -17.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 2,374 | $1.3M | Reduce -4.2% |
| XLK SS Technology Select Sector | 0.13% | 5,391 | $1.1M | Reduce -22.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.09% | 1 | $798K | No change |
| AAPL Apple Inc. | 0.08% | 3,056 | $679K | No change |
| SCHX Schwab US Large-Cap ETF | 0.07% | 29,249 | $646K | Reduce -2.3% |
| MSFT Microsoft Corp. | 0.07% | 1,544 | $580K | No change |
| GOOGL Alphabet Inc. Class A | 0.06% | 3,540 | $547K | No change |
| JEPI JPMorgan Equity Premium Inco | 0.05% | 7,040 | $402K | No change |
| SHY iShares 1-3 Year Treasury Bo | 0.05% | 4,855 | $402K | New |
| EFV iShares MSCI Eafe Value ETF | 0.04% | 5,972 | $352K | No change |
| IYR iShares US Real Estate ETF | 0.04% | 3,372 | $323K | No change |
| SCHD Schwab US DVD Equity ETF | 0.03% | 10,677 | $299K | No change |
| SCHH Schwab US REIT ETF | 0.02% | 9,596 | $206K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -27.9% | 14.55% | −7.24 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -27.1% | 14.10% | −5.26 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -13.8% | 4.23% | −1.25 |
| VGIT Vanguard Intermediate-Term T | Reduce -24.2% | 3.74% | −1.19 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -20.1% | 3.28% | −0.94 |
| IWV iShares Russell 3000 ETF | Reduce -8.4% | 3.22% | −0.57 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -68.3% | 0.23% | −0.50 |
| QUAL iShares MSCI USA Quality Fac | Reduce -10.9% | 2.41% | −0.48 |
| SCHB Schwab US Broad Market ETF | Reduce -9.7% | 1.63% | −0.32 |
| FPAG Fpa Global Equity ETF New | Reduce -3.6% | 3.76% | −0.27 |
| VIGI Vanguard Int Div App Indx FD | Reduce -16.5% | 0.77% | −0.14 |
| VNQ Vanguard Real Estate ETF | Reduce -5.0% | 2.18% | −0.13 |
| XLK SS Technology Select Sector | Reduce -22.6% | 0.13% | −0.06 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -17.4% | 0.20% | −0.03 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.2% | 0.15% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -5.8% | 2.68% | −0.02 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.3% | 0.07% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -6.0% | 0.48% | −0.01 |
| GLD SPDR Gold Shares | Reduce -1.9% | 5.94% | +0.73 |
| IAU iShares Gold Trust | Reduce -0.8% | 8.44% | +1.13 |
Portfolio Buys Q4 2024 → Q1 2025
| IEF iShares 7-10 Year Treasury B | Add +6139.3% | 5.99% | +5.90 |
| VEA Vanguard Ftse Developed ETF | Add +44.7% | 11.99% | +4.01 |
| ACWV iShares MSCI Global Min Vol | New | 3.04% | +3.04 |
| VFMV Vanguard US Minimum Volatili | New | 2.88% | +2.88 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +29.1% | 2.94% | +0.76 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.05% | +0.05 |
| TCAF T Rowe PRC Cap Appreciation | Add +1.9% | 0.45% | −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 |