Tanglewood Wealth Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 21, 2025), Tanglewood Wealth Management, Inc. reported 40 stock positions worth $1.0 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 16.9% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 15.4%) and iShares 3-7 Year Treasury Bo (IEI, 12.4%). Compared with Q1 2025, it opened 5 new positions, sold out of 1, added to 10 and reduced 16. The biggest buy was Vanguard Intermediate-Term T (VGIT, shares +141%) and the biggest sale iShares MSCI Global Min Vol (ACWV, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001454308
- Portfolio Value
- $1.0B (Q2 2025)
- SEC Filing
- 0001454308-25-000006 ↗ filed Jul 21, 2025
Holdings Value
Holdings 40 stocks · $1.0B
| VTI VG Morningstar TS MKT ETF-US | 16.94% | 565,435 | $171.9M | Add +20.1% |
| VEA Vanguard Ftse Developed ETF | 15.40% | 2,739,624 | $156.2M | Add +30.7% |
| IEI iShares 3-7 Year Treasury Bo | 12.39% | 1,055,521 | $125.7M | Reduce -0.5% |
| VGIT Vanguard Intermediate-Term T | 7.95% | 1,347,593 | $80.6M | Add +140.8% |
| IAU iShares Gold Trust | 7.10% | 1,155,471 | $72.1M | Reduce -9.2% |
| IEF iShares 7-10 Year Treasury B | 5.34% | 565,204 | $54.1M | Add +1.2% |
| GLD SPDR Gold Shares | 5.01% | 166,719 | $50.8M | Reduce -9.0% |
| FRDM Freedom 100 Emeging MRKT ETF | 4.41% | 1,107,772 | $44.8M | Add +48.6% |
| QQQ Invesco QQQ Trust Series 1 | 4.34% | 79,758 | $44.0M | Reduce -0.6% |
| FPAG Fpa Global Equity ETF New | 3.68% | 1,097,525 | $37.3M | Reduce -1.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 2.97% | 1,226,154 | $30.1M | Reduce -0.6% |
| IWV iShares Russell 3000 ETF | 2.61% | 75,462 | $26.5M | Reduce -16.2% |
| EFA iShares MSCI Eafe ETF | 2.56% | 291,019 | $26.0M | Reduce -0.3% |
| QUAL iShares MSCI USA Quality Fac | 2.26% | 125,216 | $22.9M | Reduce -0.3% |
| SCHB Schwab US Broad Market ETF | 2.17% | 922,238 | $22.0M | Add +36.6% |
| VNQ Vanguard Real Estate ETF | 1.77% | 201,578 | $18.0M | Reduce -5.6% |
| VIGI Vanguard Int Div App Indx FD | 0.73% | 82,205 | $7.4M | Reduce -0.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.46% | 56,056 | $4.7M | Reduce -0.5% |
| TCAF T Rowe PRC Cap Appreciation | 0.44% | 127,588 | $4.5M | Add +3.8% |
| EFG iShares MSCI Eafe Growth ETF | 0.23% | 20,642 | $2.3M | No change |
| FEOE First Eagle Overseas Eq ETF | 0.19% | 46,078 | $1.9M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.14% | 2,374 | $1.5M | No change |
| XLK SS Technology Select Sector | 0.14% | 5,624 | $1.4M | Add +4.3% |
| MSFT Microsoft Corp. | 0.07% | 1,506 | $749K | Reduce -2.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.07% | 1 | $729K | No change |
| SCHX Schwab US Large-Cap ETF | 0.07% | 29,250 | $715K | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 0.06% | 3,540 | $624K | No change |
| ACWV iShares MSCI Global Min Vol | 0.06% | 5,119 | $607K | Reduce -97.8% |
| SCHH Schwab US REIT ETF | 0.06% | 28,507 | $603K | Add +197.1% |
| XLRE SS Real Estate Select Sector | 0.06% | 14,433 | $598K | New |
| AAPL Apple Inc. | 0.06% | 2,731 | $560K | Reduce -10.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.04% | 4,855 | $402K | No change |
| JEPI JPMorgan Equity Premium Inco | 0.04% | 7,040 | $400K | No change |
| EFV iShares MSCI Eafe Value ETF | 0.04% | 5,972 | $379K | No change |
| IYR iShares US Real Estate ETF | 0.03% | 3,372 | $320K | No change |
| SCHD Schwab US DVD Equity ETF | 0.03% | 10,677 | $283K | No change |
| VFMV Vanguard US Minimum Volatili | 0.02% | 1,755 | $225K | Reduce -99.1% |
| IDV iShares International Select | 0.02% | 6,353 | $219K | New |
| SPGI S&P Global Inc. | 0.02% | 400 | $211K | New |
| IWD iShares Russell 1000 Value E | 0.02% | 1,057 | $205K | New |
Portfolio Sells Q1 2025 → Q2 2025
| ACWV iShares MSCI Global Min Vol | Reduce -97.8% | 0.06% | −2.98 |
| VFMV Vanguard US Minimum Volatili | Reduce -99.1% | 0.02% | −2.86 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -0.5% | 12.39% | −1.70 |
| IAU iShares Gold Trust | Reduce -9.2% | 7.10% | −1.34 |
| GLD SPDR Gold Shares | Reduce -9.0% | 5.01% | −0.93 |
| IWV iShares Russell 3000 ETF | Reduce -16.2% | 2.61% | −0.61 |
| VNQ Vanguard Real Estate ETF | Reduce -5.6% | 1.77% | −0.41 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -0.6% | 2.97% | −0.31 |
| VEU Vanguard Ftse All-World Ex-U | Sold out | 0.00% | −0.20 |
| QUAL iShares MSCI USA Quality Fac | Reduce -0.3% | 2.26% | −0.16 |
| EFA iShares MSCI Eafe ETF | Reduce -0.3% | 2.56% | −0.12 |
| FPAG Fpa Global Equity ETF New | Reduce -1.4% | 3.68% | −0.08 |
| VIGI Vanguard Int Div App Indx FD | Reduce -0.5% | 0.73% | −0.04 |
| AAPL Apple Inc. | Reduce -10.6% | 0.06% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.5% | 0.46% | −0.02 |
| MSFT Microsoft Corp. | Reduce -2.5% | 0.07% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.6% | 4.34% | +0.10 |
Portfolio Buys Q1 2025 → Q2 2025
| VGIT Vanguard Intermediate-Term T | Add +140.8% | 7.95% | +4.21 |
| VEA Vanguard Ftse Developed ETF | Add +30.7% | 15.40% | +3.41 |
| VTI VG Morningstar TS MKT ETF-US | Add +20.1% | 16.94% | +2.39 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +48.6% | 4.41% | +1.47 |
| SCHB Schwab US Broad Market ETF | Add +36.6% | 2.17% | +0.53 |
| FEOE First Eagle Overseas Eq ETF | New | 0.19% | +0.19 |
| XLRE SS Real Estate Select Sector | New | 0.06% | +0.06 |
| SCHH Schwab US REIT ETF | Add +197.1% | 0.06% | +0.04 |
| IDV iShares International Select | New | 0.02% | +0.02 |
| SPGI S&P Global Inc. | New | 0.02% | +0.02 |
| IWD iShares Russell 1000 Value E | New | 0.02% | +0.02 |
| XLK SS Technology Select Sector | Add +4.3% | 0.14% | +0.02 |
| SCHX Schwab US Large-Cap ETF | Add +0.0% | 0.07% | −0.00 |
| TCAF T Rowe PRC Cap Appreciation | Add +3.8% | 0.44% | −0.00 |
| IEF iShares 7-10 Year Treasury B | Add +1.2% | 5.34% | −0.66 |
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 |