Tanglewood Wealth Management, Inc. — 13F Holdings & Portfolio

CIK 1454308 · latest 13F-HR filed 2026-04-21

Tanglewood Wealth Management, Inc. manages $1.21B in 13F-reported U.S. long-equity assets across 38 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are VTI (15.78%), IEI (15.69%), VEA (15.46%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 2, added to 8, and trimmed 11.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM

$1.21B

Long-equity book

Holdings

38

Distinct positions

Period

2026-03-31

Filed 2026-04-21

Q/Q Activity

+5 / −2 / ↑8 / ↓11

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ISHARES 1-3 YEAR TREASURY BOND ETF$76.4M +12505.2%
  • VANGUARD REAL ESTATE ETF$19.6M +5552.0%
  • SCHWAB U.S. BROAD MARKET ETF$17.4M +82.4%
  • FIRST EAGLE OVERSEAS EQUITY ETF$13.7M +687.6%
  • ISHARES 3-7 YEAR TREASURY BOND ETF$12.7M +7.2%
Show all 8

Top Trims

  • FPA GLOBAL EQUITY ETF-$38.6M -95.8%
  • FREEDOM 100 EMERGING MARKETS ETF-$14.4M -25.0%
  • VANGUARD INTERMEDIATE-TERM TREASURY ETF-$7.9M -9.4%
  • PROFESIONALLY MANAGED PORTFO-$5.5M -93.4%
  • VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF-$1.0M -14.5%
Show all 11

New Positions

  • GMO ETF TRUST$29.5M
  • AMERICAN CENTY ETF TR$1.4M
  • SELECT SECTOR SPDR TR$1.1M
  • ISHARES SILVER TR$408.8K
  • ISHARES TR$203.9K
Show all 5

Exited Positions

  • JPMORGAN EQUITY PREMIUM INCOME ETF$403.0K
  • SCHWAB US DIVIDEND EQUITY ETF$292.9K
Show all 2
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD TOTAL STOCK MARKET ETF VTI 922908769 $190.6M 15.78% 594,030 SH
2 ISHARES 3-7 YEAR TREASURY BOND ETF IEI 464288661 $189.4M 15.69% 1,596,822 SH
3 VANGUARD FTSE DEVELOPED MARKETS ETF VEA 921943858 $186.7M 15.46% 2,913,636 SH
4 ISHARES GOLD TR IAU 464285204 $80.9M 6.70% 917,288 SH
5 ISHARES 1-3 YEAR TREASURY BOND ETF SHY 464287457 $77.0M 6.38% 932,323 SH
6 VANGUARD INTERMEDIATE-TERM TREASURY ETF VGIT 92206C706 $76.3M 6.32% 1,280,740 SH
7 SPDR GOLD TR GLD 78463V107 $54.3M 4.50% 126,187 SH
8 SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF FNDX 808524771 $47.4M 3.93% 1,702,554 SH
9 INVESCO QQQ TRUST SERIES I QQQ 46090E103 $44.1M 3.66% 76,477 SH
10 FREEDOM 100 EMERGING MARKETS ETF FRDM 02072L607 $43.2M 3.58% 790,796 SH
11 SCHWAB U.S. BROAD MARKET ETF SCHB 808524102 $38.5M 3.19% 1,534,891 SH
12 ISHARES RUSSELL 3000 ETF IWV 464287689 $34.6M 2.87% 93,323 SH
13 GMO ETF TRUST QLTY 90139K100 $29.5M 2.44% 815,764 SH
14 ISHARES MSCI EAFE ETF EFA 464287465 $26.6M 2.21% 274,240 SH
15 ISHARES MSCI USA QUALITY FACTOR ETF QUAL 46432F339 $23.2M 1.92% 120,887 SH
16 VANGUARD REAL ESTATE ETF VNQ 922908553 $20.0M 1.66% 225,487 SH
17 FIRST EAGLE OVERSEAS EQUITY ETF FEOE 75526L878 $15.7M 1.30% 310,761 SH
18 VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF VIGI 921946810 $6.1M 0.51% 69,322 SH
19 T. ROWE PRICE CAPITAL APPRECIATION EQUITY ETF TCAF 87283Q867 $5.2M 0.43% 146,668 SH
20 ISHARES CORE MSCI EAFE ETF IEFA 46432F842 $4.9M 0.41% 54,279 SH
21 ISHARES MSCI EAFE GROWTH ETF EFG 464288885 $2.1M 0.17% 18,883 SH
22 FPA GLOBAL EQUITY ETF FPAG 30254T577 $1.7M 0.14% 47,179 SH
23 AMERICAN CENTY ETF TR AVDV 025072802 $1.4M 0.11% 13,602 SH
24 SELECT SECTOR SPDR TR XLRE 81369Y860 $1.1M 0.09% 27,682 SH
25 STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF XLK 81369Y803 $1.1M 0.09% 8,063 SH
26 SCHWAB U.S. LARGE-CAP ETF SCHX 808524201 $750.0K 0.06% 29,250 SH
27 ALPHABET INC CAP STK CL A GOOGL 02079K305 $749.7K 0.06% 2,607 SH
28 BERKSHIRE HATHAWAY INC DEL CL A BRK.A 084670108 $718.1K 0.06% 1 SH
29 APPLE INC COM AAPL 037833100 $548.2K 0.05% 2,160 SH
30 ISHARES MSCI EAFE VALUE ETF EFV 464288877 $444.0K 0.04% 5,972 SH
31 MICROSOFT CORP COM MSFT 594918104 $419.8K 0.03% 1,134 SH
32 ISHARES SILVER TR SLV 46428Q109 $408.8K 0.03% 6,000 SH
33 PROFESIONALLY MANAGED PORTFO AKRE 74316P579 $389.2K 0.03% 7,364 SH
34 SPDR S&P 500 ETF TRUST SPY 78462F103 $291.4K 0.02% 448 SH
35 ISHARES RUSSELL 1000 VALUE ETF IWD 464287598 $280.5K 0.02% 1,313 SH
36 VANGUARD BD INDEX FDS BND 921937835 $272.1K 0.02% 3,695 SH
37 ISHARES INTERNATIONAL SELECT DIVIDEND ETF IDV 464288448 $236.2K 0.02% 5,550 SH
38 ISHARES TR DVY 464287168 $203.9K 0.02% 1,347 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-21 $1.21B 38 0001454308-26-000003
2025-12-31 2026-01-29 $1.09B 35 0001454308-26-000002