Latest Tanglewood Wealth Management, Inc. Stock Portfolio

Tanglewood Wealth Management, Inc. Performance:

2025 Q4: 3.61%YTD: 19.55%2024: 1.98%

Performance for 2025 Q4 is 3.61%, and YTD is 19.55%, and 2024 is 1.98%.

About Tanglewood Wealth Management, Inc. and 13F Hedge Fund Stock Holdings

Tanglewood Wealth Management, Inc. is a hedge fund based in Houston, TX. On 2026-01-29, the fund reported it's updated stock portfolio. In the 13F Holdings report, Tanglewood Wealth Management, Inc. reported an equity portfolio of $1.1 Billions as of 31 Dec, 2025.

The top stock holdings of Tanglewood Wealth Management, Inc. are VB, VEA, AAXJ. The fund has invested 17.3% of it's portfolio in VANGUARD TOTAL STOCK MARKET ETF and 16.8% of portfolio in VANGUARD FTSE DEVELOPED MARKETS ETF.

The fund managers got completely rid off ISHARES TR (IJR), SELECT SECTOR SPDR TR (XLB) and SCHWAB STRATEGIC TR (FNDA) stocks. They significantly reduced their stock positions in VANGUARD REAL ESTATE ETF (VB), SPDR S&P 500 ETF TRUST (SPY) and FIRST EAGLE OVERSEAS EQUITY ETF. Tanglewood Wealth Management, Inc. opened new stock positions in PROFESIONALLY MANAGED PORTFO and VANGUARD BD INDEX FDS (BIV). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES 1-3 YEAR TREASURY BOND ETF (IJR), STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF (XLB) and ISHARES 3-7 YEAR TREASURY BOND ETF (AAXJ).

Tanglewood Wealth Management, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Tanglewood Wealth Management, Inc. made a return of 3.61% in the last quarter. In trailing 12 months, it's portfolio return was 19.55%.

Performance
S&P 500

New Buys

Ticker	$ Bought
profesionally managed portfo	5,935,990
vanguard bd index fds	273,689

New stocks bought by Tanglewood Wealth Management, Inc.

Additions

Ticker	% Inc.
ishares 1-3 year treasury bond etf	51.88
state street technology select sector spdr etf	43.82
ishares 3-7 year treasury bond etf	41.53
ishares russell 1000 value etf	24.22
schwab fundamental u.s. large company etf	7.63
vanguard ftse developed markets etf	6.58
t. rowe price capital appreciation equity etf	5.77
vanguard intermediate-term treasury etf	2.58

Additions to existing portfolio by Tanglewood Wealth Management, Inc.

Reductions

Ticker	% Reduced
vanguard real estate etf	-98.03
spdr s&p 500 etf trust	-24.85
first eagle overseas equity etf	-16.34
spdr gold shares	-13.52
schwab u.s. broad market etf	-12.6
ishares gold trust	-9.78
invesco qqq trust series i	-9.03
alphabet inc cap stk cl a	-4.75

Tanglewood Wealth Management, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
ishares tr	-54,695,500
schwab strategic tr	-614,896
select sector spdr tr	-805,863
ishares inc	-606,555
ishares tr	-324,636
southern co	-219,961

Tanglewood Wealth Management, Inc. got rid off the above stocks

Sector Distribution

Tanglewood Wealth Management, Inc. has about 99.8% of it's holdings in Others sector.

Sector	%
Others	99.8

Market Cap. Distribution

Tanglewood Wealth Management, Inc. has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	99.8

Stocks belong to which Index?

About 0% of the stocks held by Tanglewood Wealth Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	99.8

Top 5 Winners (%)		%
GOOG	alphabet inc cap stk cl a	28.1 %
BOB	freedom 100 emerging markets etf	15.6 %
IAU	ishares gold trust	11.0 %
GLD	spdr gold shares	10.7 %
AAXJ	ishares international select dividend etf	7.9 %

Top 5 Winners ($)		$
IAU	ishares gold trust	9.2 M
BOB	freedom 100 emerging markets etf	7.8 M
VEA	vanguard ftse developed markets etf	7.2 M
GLD	spdr gold shares	6.3 M
VB	vanguard total stock market etf	4.0 M

Top 5 Losers (%)		%
XLB	state street technology select sector spdr etf	-44.8 %
MSFT	microsoft corp com	-6.6 %
VB	vanguard real estate etf	-1.6 %
BNDW	vanguard intermediate-term treasury etf	-0.2 %
IJR	ishares 1-3 year treasury bond etf	-0.1 %

Top 5 Losers ($)		$
XLB	state street technology select sector spdr etf	-1.0 M
VB	vanguard real estate etf	-0.3 M
AAXJ	ishares 3-7 year treasury bond etf	-0.2 M
BNDW	vanguard intermediate-term treasury etf	-0.1 M
MSFT	microsoft corp com	-0.1 M

Tanglewood Wealth Management, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Tanglewood Wealth Management, Inc.

Tanglewood Wealth Management, Inc. has 35 stocks in it's portfolio. About 87.3% of the portfolio is in top 10 stocks. XLB proved to be the most loss making stock for the portfolio. IAU was the most profitable stock for Tanglewood Wealth Management, Inc. last quarter.

Last Reported on: 29 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc com	0.07	2,731	742,450	unchanged	0.00

AAXJ	ishares 3-7 year treasury bond etf	16.20	1,480,370	176,682,000	added	41.53

AAXJ	ishares msci eafe growth etf	0.21	20,372	2,320,780	reduced	-1.31

AAXJ	ishares msci eafe value etf	0.04	5,972	426,461	unchanged	0.00

AAXJ	ishares international select dividend etf	0.02	5,550	218,948	unchanged	0.00

ACWV	ishares inc	0.00	0.00	0.00	sold off	-100

BBAX	jpmorgan equity premium income etf	0.04	7,040	402,970	unchanged	0.00

BIV	vanguard bd index fds	0.03	3,695	273,689	new

BNDW	vanguard intermediate-term treasury etf	7.72	1,405,140	84,210,200	added	2.58

BOB	freedom 100 emerging markets etf	5.28	1,124,160	57,635,700	added	0.73

FNDA	schwab fundamental u.s. large company etf	3.29	1,316,820	35,830,800	added	7.63

FNDA	schwab u.s. broad market etf	1.94	805,302	21,123,100	reduced	-12.6

FNDA	schwab u.s. large-cap etf	0.07	29,249	787,117	reduced	0.00

FNDA	schwab us dividend equity etf	0.03	10,677	292,870	unchanged	0.00

FNDA	schwab strategic tr	0.00	0.00	0.00	sold off	-100

GLD	spdr gold shares	5.22	143,657	56,932,700	reduced	-13.52

GOOG	alphabet inc cap stk cl a	0.10	3,372	1,055,440	reduced	-4.75

IAU	ishares gold trust	7.76	1,042,000	84,579,200	reduced	-9.78

IBCE	ishares msci usa quality factor etf	2.21	121,624	24,157,000	reduced	-2.27

IBCE	ishares core msci eafe etf	0.46	55,764	4,988,650	reduced	-0.48