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Tanglewood Wealth Management, Inc.

1400 POST OAK BLVD SUITE 800, HOUSTON, TX 77056 • 713-840-8880

Q2 2025 · Filed 2025-07-21
Market Value
$1.0B
+14.1%
Holdings
41
+4
New Purchases
5
Added To
10
Closed
1
Reduced
16
Top 10 Concentration
82.6%
Turnover
14.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VGIT 7.95% 3.74% +4.21% $81M
VEA 15.40% 11.99% +3.41% $156M
VTI 16.94% 14.55% +2.39% $172M
FRDM 4.41% 2.94% +1.47% $45M
SCHB 2.17% 1.63% +0.53% $22M
FEOE 0.19% 0.00% +0.19% $2M
QQQ 4.34% 4.23% +0.10% $44M
XLRE 0.06% 0.00% +0.06% $598K
SCHH 0.06% 0.02% +0.04% $603K
IDV 0.02% 0.00% +0.02% $219K
SPGI 0.02% 0.00% +0.02% $211K
IWD 0.02% 0.00% +0.02% $205K
XLK 0.14% 0.13% +0.02% $1M
MSFT 0.07% 0.07% +0.01% $749K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ACWV 0.06% 3.04% -2.98% $607K
VFMV 0.02% 2.88% -2.86% $225K
IEI 12.39% 14.10% -1.70% $126M
IAU 7.10% 8.44% -1.34% $72M
GLD 5.01% 5.94% -0.93% $51M
IEF 5.34% 5.99% -0.66% $54M
IWV 2.61% 3.22% -0.61% $26M
VNQ 1.77% 2.18% -0.41% $18M
FNDX 2.97% 3.28% -0.31% $30M
VEU 0.00% 0.20% -0.20% $0
QUAL 2.26% 2.41% -0.16% $23M
EFA 2.56% 2.68% -0.12% $26M
FPAG 3.68% 3.76% -0.08% $37M
VIGI 0.73% 0.77% -0.04% $7M
AAPL 0.06% 0.08% -0.02% $560K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 99.9%
Communication Services 0.1%
Technology 0.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 8 $376M 37.1%
Large Cap 22 $540M 53.2%
Mid Cap 8 $59M 5.8%
Small Cap 3 $39M 3.9%

Portfolio Analytics

Avg Market Cap
$414.5B
Median Market Cap
$48.6B
Avg P/E
26.3
Median P/E
26.0
Avg Dividend Yield
0.00%
Avg Beta
0.87
# Stocks
5
# ETFs / Funds
36

Top Holdings (41 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VTI 16.94% 565,435 $172M $303.93 $42M +94,730 +20.1%
2 VEA 15.40% 2,739,624 $156M $57.01 $50M +642,944 +30.7%
3 IEI 12.39% 1,055,521 $126M $119.09 $397K -5,175 -0.5%
4 VGIT 7.95% 1,347,593 $81M $59.81 $47M +787,960 +140.8%
5 IAU 7.10% 1,155,471 $72M $62.36 -$3M -116,816 -9.2%
6 IEF 5.34% 565,204 $54M $95.77 $855K +6,598 +1.2%
7 GLD 5.01% 166,719 $51M $304.83 -$2M -16,469 -9.0%
8 FRDM 4.41% 1,107,772 $45M $40.40 $19M +362,189 +48.6%
9 QQQ 4.34% 79,758 $44M $551.64 $6M -482 -0.6%
10 FPAG 3.68% 1,097,525 $37M $34.00 $4M -15,943 -1.4%
11 FNDX 2.97% 1,226,154 $30M $24.54 $961K -7,581 -0.6%
12 IWV 2.61% 75,462 $26M $351.00 -$2M -14,547 -16.2%
13 EFA 2.56% 291,019 $26M $89.39 $2M -987 -0.3%
14 QUAL 2.26% 125,216 $23M $182.82 $1M -354 -0.3%
15 SCHB 2.17% 922,238 $22M $23.83 $7M +247,300 +36.6%
16 VNQ 1.77% 201,578 $18M $89.06 -$1M -12,010 -5.6%
17 VIGI 0.73% 82,205 $7M $90.12 $553K -443 -0.5%
18 IEFA 0.46% 56,056 $5M $83.48 $417K -286 -0.5%
19 TCAF 0.44% 127,588 $5M $35.28 $533K +4,644 +3.8%
20 EFG 0.23% 20,642 $2M $112.00 $248K
21 FEOE 0.19% 46,078 $2M $42.07 +46,078 NEW
22 SPY 0.14% 2,374 $1M $617.85 $139K
23 XLK 0.14% 5,624 $1M $253.23 $311K +233 +4.3%
24 MSFT 0.07% 1,506 $749K $497.41 $169K -38 -2.5%
25 BRK-A 0.07% 1 $729K $728,800.00 -$70K
26 SCHX 0.07% 29,250 $715K $24.44 $69K +1
27 GOOGL 0.06% 3,540 $624K $176.23 $76K
28 ACWV 0.06% 5,119 $607K $118.57 -$26M -227,403 -97.8%
29 SCHH 0.06% 28,507 $603K $21.16 $397K +18,911 +197.1%
30 XLRE 0.06% 14,433 $598K $41.42 +14,433 NEW
31 AAPL 0.06% 2,731 $560K $205.17 -$119K -325 -10.6%
32 SHY 0.04% 4,855 $402K $82.86 $631
33 JEPI 0.04% 7,040 $400K $56.85 -$2K
34 EFV 0.04% 5,972 $379K $63.48 $27K
35 IYR 0.03% 3,372 $320K $94.77 -$3K
36 SCHD 0.03% 10,677 $283K $26.50 -$16K
37 VFMV 0.02% 1,755 $225K $128.23 -$25M -200,098 -99.1%
38 IDV 0.02% 6,353 $219K $34.51 +6,353 NEW
39 SPGI 0.02% 400 $211K $527.29 +400 NEW
40 IWD 0.02% 1,057 $205K $194.23 +1,057 NEW
41 VEU —% -$2M -29,319 -100.0% SOLD

New Positions

SymbolValue% Port
FEOE $2M 0.19%
XLRE $598K 0.06%
IDV $219K 0.02%
SPGI $211K 0.02%
IWD $205K 0.02%

Sold Out Positions

SymbolValue% Port
VEU —%
View SEC EDGAR Filings for Tanglewood Wealth Management, Inc. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms