Tanglewood Wealth Management, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Tanglewood Wealth Management, Inc. reported 35 stock positions worth $1.1 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 17.3% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 16.8%) and iShares 3-7 Year Treasury Bo (IEI, 16.2%). Compared with Q3 2025, it opened 2 new positions, sold out of 6, added to 10 and reduced 16. The biggest buy was iShares 3-7 Year Treasury Bo (IEI, shares +42%) and the biggest sale an exit from iShares 7-10 Year Treasury B (IEF).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001454308
- Portfolio Value
- $1.1B (Q4 2025)
- SEC Filing
- 0001454308-26-000002 ↗ filed Jan 29, 2026
Holdings Value
Holdings 35 stocks · $1.1B
| VTI VG Morningstar TS MKT ETF-US | 17.33% | 563,822 | $189.0M | Add +0.9% |
| VEA Vanguard Ftse Developed ETF | 16.76% | 2,925,381 | $182.7M | Add +6.6% |
| IEI iShares 3-7 Year Treasury Bo | 16.20% | 1,480,366 | $176.7M | Add +41.5% |
| IAU iShares Gold Trust | 7.75% | 1,042,001 | $84.6M | Reduce -9.8% |
| VGIT Vanguard Intermediate-Term T | 7.72% | 1,405,143 | $84.2M | Add +2.6% |
| FRDM Freedom 100 Emeging MRKT ETF | 5.28% | 1,124,159 | $57.6M | Add +0.7% |
| GLD SPDR Gold Shares | 5.22% | 143,657 | $56.9M | Reduce -13.5% |
| QQQ Invesco QQQ Trust Series 1 | 4.06% | 72,067 | $44.3M | Reduce -9.0% |
| FPAG Fpa Global Equity ETF New | 3.69% | 1,085,742 | $40.3M | Add +1.2% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.29% | 1,316,823 | $35.8M | Add +7.6% |
| IWV iShares Russell 3000 ETF | 2.65% | 74,744 | $28.9M | Reduce -0.6% |
| EFA iShares MSCI Eafe ETF | 2.49% | 282,825 | $27.2M | Reduce -2.8% |
| QUAL iShares MSCI USA Quality Fac | 2.21% | 121,624 | $24.2M | Reduce -2.3% |
| SCHB Schwab US Broad Market ETF | 1.94% | 805,302 | $21.1M | Reduce -12.6% |
| VIGI Vanguard Int Div App Indx FD | 0.66% | 78,446 | $7.2M | Reduce -3.5% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 0.54% | 90,612 | $5.9M | New |
| TCAF T Rowe PRC Cap Appreciation | 0.49% | 139,779 | $5.3M | Add +5.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.46% | 55,764 | $5.0M | Reduce -0.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.21% | 20,372 | $2.3M | Reduce -1.3% |
| FEOE First Eagle Overseas Eq ETF | 0.18% | 41,168 | $2.0M | Reduce -16.3% |
| XLK SS Technology Select Sector | 0.11% | 8,465 | $1.2M | Reduce -28.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 1,784 | $1.2M | Reduce -24.9% |
| GOOGL Alphabet Inc. Class A | 0.10% | 3,372 | $1.1M | Reduce -4.8% |
| SCHX Schwab US Large-Cap ETF | 0.07% | 29,249 | $787K | Reduce 0.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.07% | 1 | $755K | No change |
| AAPL Apple Inc. | 0.07% | 2,731 | $742K | No change |
| MSFT Microsoft Corp. | 0.07% | 1,506 | $728K | No change |
| SHY iShares 1-3 Year Treasury Bo | 0.06% | 7,374 | $611K | Add +51.9% |
| EFV iShares MSCI Eafe Value ETF | 0.04% | 5,972 | $426K | No change |
| JEPI JPMorgan Equity Premium Inco | 0.04% | 7,040 | $403K | No change |
| VNQ Vanguard Real Estate ETF | 0.03% | 3,999 | $354K | Reduce -98.0% |
| SCHD Schwab US DVD Equity ETF | 0.03% | 10,677 | $293K | No change |
| IWD iShares Russell 1000 Value E | 0.03% | 1,313 | $276K | Add +24.2% |
| BND Vanguard Total Bond Market | 0.03% | 3,695 | $274K | New |
| IDV iShares International Select | 0.02% | 5,550 | $219K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −5.08 |
| VNQ Vanguard Real Estate ETF | Reduce -98.0% | 0.03% | −1.69 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -9.0% | 4.06% | −0.36 |
| GLD SPDR Gold Shares | Reduce -13.5% | 5.22% | −0.27 |
| SCHB Schwab US Broad Market ETF | Reduce -12.6% | 1.94% | −0.26 |
| XLRE SS Real Estate Select Sector | Sold out | 0.00% | −0.07 |
| SCHH Schwab US REIT ETF | Sold out | 0.00% | −0.06 |
| ACWV iShares MSCI Global Min Vol | Sold out | 0.00% | −0.06 |
| IAU iShares Gold Trust | Reduce -9.8% | 7.75% | −0.06 |
| XLK SS Technology Select Sector | Reduce -28.1% | 0.11% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -24.9% | 0.11% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -2.3% | 2.21% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -2.8% | 2.49% | −0.03 |
| IYR iShares US Real Estate ETF | Sold out | 0.00% | −0.03 |
| FEOE First Eagle Overseas Eq ETF | Reduce -16.3% | 0.18% | −0.03 |
| SO The Southern Co. | Sold out | 0.00% | −0.02 |
| VIGI Vanguard Int Div App Indx FD | Reduce -3.5% | 0.66% | −0.02 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -1.3% | 0.21% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce 0.0% | 0.07% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.5% | 0.46% | +0.00 |
| IWV iShares Russell 3000 ETF | Reduce -0.6% | 2.65% | +0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -4.8% | 0.10% | +0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| IEI iShares 3-7 Year Treasury Bo | Add +41.5% | 16.20% | +4.58 |
| VEA Vanguard Ftse Developed ETF | Add +6.6% | 16.76% | +1.47 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +0.7% | 5.28% | +0.69 |
| AKRE Akre Focus ETF | New | 0.54% | +0.54 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +7.6% | 3.29% | +0.29 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.9% | 17.33% | +0.29 |
| FPAG Fpa Global Equity ETF New | Add +1.2% | 3.69% | +0.12 |
| VGIT Vanguard Intermediate-Term T | Add +2.6% | 7.72% | +0.08 |
| TCAF T Rowe PRC Cap Appreciation | Add +5.8% | 0.49% | +0.03 |
| BND Vanguard Total Bond Market | New | 0.03% | +0.03 |
| SHY iShares 1-3 Year Treasury Bo | Add +51.9% | 0.06% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +24.2% | 0.03% | +0.01 |
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 |