Skip to content
Disclosery

Tanglewood Wealth Management, Inc.

Follow

13F filer, CIK 1454308, HOUSTON, TX

Tanglewood Wealth Management, Inc. reported $1,090,671,190 across 35 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-01-29. Its ten largest share positions make up 87.3% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001454308-26-000002

Period
2025-12-31
Reported value
$1.09B
Holdings
35
Top 10 weight
87.3%
New
2
Sold out
6

Largest buys vs the previous quarter

SecurityShares changeApprox. value
IEIadded+434,416$51.8M
VEAadded+180,581$11.3M
AKREnew+90,612$5.94M
FNDXadded+93,348$2.54M
VGITadded+35,392$2.12M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
IEFexited-567,028-$54.7M
VNQreduced-199,119-$17.6M
IAUreduced-112,958-$9.17M
GLDreduced-22,455-$8.9M
QQQreduced-7,150-$4.39M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001454308-26-000002, largest first. % of portfolio is the value over $1,090,671,190, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
VTIVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 666,472 shares; 2024Q4: 652,748 shares; 2025Q1: 470,705 shares; 2025Q2: 565,435 shares; 2025Q3: 558,906 shares; 2025Q4: 563,822 shares 563,822$189M17.33%+4,916Timeline
VEAVANGUARD TAX-MANAGED FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,653,392 shares; 2024Q4: 1,449,237 shares; 2025Q1: 2,096,680 shares; 2025Q2: 2,739,624 shares; 2025Q3: 2,744,800 shares; 2025Q4: 2,925,381 shares 2,925,381$183M16.76%+180,581Timeline
IEIISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,095,189 shares; 2024Q4: 1,454,378 shares; 2025Q1: 1,060,696 shares; 2025Q2: 1,055,521 shares; 2025Q3: 1,045,950 shares; 2025Q4: 1,480,366 shares 1,480,366$177M16.2%+434,416Timeline
IAUISHARES GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,224,901 shares; 2024Q4: 1,282,274 shares; 2025Q1: 1,272,287 shares; 2025Q2: 1,155,471 shares; 2025Q3: 1,154,959 shares; 2025Q4: 1,042,001 shares 1,042,001$84.6M7.75%-112,958Timeline
VGITVANGUARD SCOTTSDALE FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 753,483 shares; 2024Q4: 738,369 shares; 2025Q1: 559,633 shares; 2025Q2: 1,347,593 shares; 2025Q3: 1,369,751 shares; 2025Q4: 1,405,143 shares 1,405,143$84.2M7.72%+35,392Timeline
FRDMEA SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 881,196 shares; 2024Q4: 577,744 shares; 2025Q1: 745,583 shares; 2025Q2: 1,107,772 shares; 2025Q3: 1,116,031 shares; 2025Q4: 1,124,159 shares 1,124,159$57.6M5.28%+8,128Timeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 187,268 shares; 2024Q4: 186,676 shares; 2025Q1: 183,188 shares; 2025Q2: 166,719 shares; 2025Q3: 166,112 shares; 2025Q4: 143,657 shares 143,657$56.9M5.22%-22,455Timeline
QQQINVESCO QQQ TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 79,503 shares; 2024Q4: 93,101 shares; 2025Q1: 80,240 shares; 2025Q2: 79,758 shares; 2025Q3: 79,217 shares; 2025Q4: 72,067 shares 72,067$44.3M4.06%-7,150Timeline
FPAGINVESTMENT MANAGERS SER TR IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,114,984 shares; 2024Q4: 1,154,987 shares; 2025Q1: 1,113,468 shares; 2025Q2: 1,097,525 shares; 2025Q3: 1,072,589 shares; 2025Q4: 1,085,742 shares 1,085,742$40.3M3.69%+13,153Timeline
FNDXSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 588,241 shares; 2024Q4: 1,544,410 shares; 2025Q1: 1,233,735 shares; 2025Q2: 1,226,154 shares; 2025Q3: 1,223,475 shares; 2025Q4: 1,316,823 shares 1,316,823$35.8M3.29%+93,348Timeline
IWVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 98,299 shares; 2024Q4: 98,253 shares; 2025Q1: 90,009 shares; 2025Q2: 75,462 shares; 2025Q3: 75,182 shares; 2025Q4: 74,744 shares 74,744$28.9M2.65%-438Timeline
EFAISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 332,168 shares; 2024Q4: 310,044 shares; 2025Q1: 292,006 shares; 2025Q2: 291,019 shares; 2025Q3: 290,844 shares; 2025Q4: 282,825 shares 282,825$27.2M2.49%-8,019Timeline
QUALISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 143,104 shares; 2024Q4: 140,947 shares; 2025Q1: 125,570 shares; 2025Q2: 125,216 shares; 2025Q3: 124,455 shares; 2025Q4: 121,624 shares 121,624$24.2M2.21%-2,831Timeline
SCHBSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 248,512 shares; 2024Q4: 747,692 shares; 2025Q1: 674,938 shares; 2025Q2: 922,238 shares; 2025Q3: 921,412 shares; 2025Q4: 805,302 shares 805,302$21.1M1.94%-116,110Timeline
VIGIVANGUARD WHITEHALL FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,245 shares; 2024Q4: 99,022 shares; 2025Q1: 82,648 shares; 2025Q2: 82,205 shares; 2025Q3: 81,305 shares; 2025Q4: 78,446 shares 78,446$7.17M0.66%-2,859Timeline
AKREPROFESIONALLY MANAGED PORTFOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 90,612 shares 90,612$5.94M0.54%newTimeline
TCAFT ROWE PRICE EXCHANGE-TRADEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 107,083 shares; 2024Q4: 120,614 shares; 2025Q1: 122,944 shares; 2025Q2: 127,588 shares; 2025Q3: 132,154 shares; 2025Q4: 139,779 shares 139,779$5.34M0.49%+7,625Timeline
IEFAISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 65,244 shares; 2024Q4: 59,957 shares; 2025Q1: 56,342 shares; 2025Q2: 56,056 shares; 2025Q3: 56,033 shares; 2025Q4: 55,764 shares 55,764$4.99M0.46%-269Timeline
EFGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 66,461 shares; 2024Q4: 65,213 shares; 2025Q1: 20,642 shares; 2025Q2: 20,642 shares; 2025Q3: 20,642 shares; 2025Q4: 20,372 shares 20,372$2.32M0.21%-270Timeline
FEOERBB FUND TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 46,078 shares; 2025Q3: 49,208 shares; 2025Q4: 41,168 shares 41,168$1.99M0.18%-8,040Timeline
XLKSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,225 shares; 2024Q4: 6,963 shares; 2025Q1: 5,391 shares; 2025Q2: 5,624 shares; 2025Q3: 5,886 shares; 2025Q4: 8,465 shares 8,465$1.22M0.11%+2,579Timeline
SPYSTATE STR SPDR S&P 500 ETF TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,478 shares; 2024Q4: 2,478 shares; 2025Q1: 2,374 shares; 2025Q2: 2,374 shares; 2025Q3: 2,374 shares; 2025Q4: 1,784 shares 1,784$1.22M0.11%-590Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,300 shares; 2024Q4: 3,540 shares; 2025Q1: 3,540 shares; 2025Q2: 3,540 shares; 2025Q3: 3,540 shares; 2025Q4: 3,372 shares 3,372$1.06M0.1%-168Timeline
SCHXSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,976 shares; 2024Q4: 29,926 shares; 2025Q1: 29,249 shares; 2025Q2: 29,250 shares; 2025Q3: 29,250 shares; 2025Q4: 29,249 shares 29,249$787K0.07%-1Timeline
BRK-ABERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1 shares; 2024Q4: 1 shares; 2025Q1: 1 shares; 2025Q2: 1 shares; 2025Q3: 1 shares; 2025Q4: 1 shares 1$755K0.07%0Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,393 shares; 2024Q4: 3,056 shares; 2025Q1: 3,056 shares; 2025Q2: 2,731 shares; 2025Q3: 2,731 shares; 2025Q4: 2,731 shares 2,731$742K0.07%0Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,113 shares; 2024Q4: 1,544 shares; 2025Q1: 1,544 shares; 2025Q2: 1,506 shares; 2025Q3: 1,506 shares; 2025Q4: 1,506 shares 1,506$728K0.07%0Timeline
SHYISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4,855 shares; 2025Q2: 4,855 shares; 2025Q3: 4,855 shares; 2025Q4: 7,374 shares 7,374$611K0.06%+2,519Timeline
EFVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,991 shares; 2024Q4: 5,972 shares; 2025Q1: 5,972 shares; 2025Q2: 5,972 shares; 2025Q3: 5,972 shares; 2025Q4: 5,972 shares 5,972$426K0.04%0Timeline
JEPIJ P MORGAN EXCHANGE TRADED FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,040 shares; 2024Q4: 7,040 shares; 2025Q1: 7,040 shares; 2025Q2: 7,040 shares; 2025Q3: 7,040 shares; 2025Q4: 7,040 shares 7,040$403K0.04%0Timeline
VNQVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 151,274 shares; 2024Q4: 224,820 shares; 2025Q1: 213,588 shares; 2025Q2: 201,578 shares; 2025Q3: 203,118 shares; 2025Q4: 3,999 shares 3,999$354K0.03%-199,119Timeline
SCHDSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,559 shares; 2024Q4: 10,677 shares; 2025Q1: 10,677 shares; 2025Q2: 10,677 shares; 2025Q3: 10,677 shares; 2025Q4: 10,677 shares 10,677$293K0.03%0Timeline
IWDISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,057 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,057 shares; 2025Q3: 1,057 shares; 2025Q4: 1,313 shares 1,313$276K0.03%+256Timeline
BNDVANGUARD BD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 3,695 shares 3,695$274K0.03%newTimeline
IDVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 6,353 shares; 2025Q3: 5,550 shares; 2025Q4: 5,550 shares 5,550$219K0.02%0Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
IEFISHARES TR567,028$54.7Mshares
XLRESELECT SECTOR SPDR TR19,128$806Kshares
SCHHSCHWAB STRATEGIC TR28,507$615Kshares
ACWVISHARES INC5,058$607Kshares
IYRISHARES TR3,344$325Kshares
SOSOUTHERN CO2,321$220Kshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001454308-26-000002 base2026-01-29acceptance time not in the bulk data set