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Institutional Investment Manager
Tanglewood Wealth Management, Inc.
Tanglewood Wealth Management, Inc. (CIK: 0001454308), located at 1400 Post Oak Blvd, Houston, TX. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q3)
Portfolio Summary: 5 holdings with a total value of $148,158,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES RUSSELL 3000 ETF 410,753 47,972,000 32.38%
2 VANGUARD INTL EQUITY INDEX F 920,279 45,315,000 30.59%
3 SPDR GOLD TR 212,162 24,655,000 16.64%
4 VANGUARD INDEX FDS 318,448 22,881,000 15.44%
5 ISHARES GOLD TRUST ISHARES ETF 626,926 7,335,000 4.95%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-14-001910, filed 2014.10.17).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.