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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 (2014Q4)
Portfolio Summary: 6 holdings with a total value of $159,420,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES RUSSELL 3000 ETF 490,613 59,997,000 37.63%
2 VANGUARD INTL EQUITY INDEX F 759,306 35,581,000 22.32%
3 VANGUARD INDEX FDS 309,765 25,091,000 15.74%
4 SPDR GOLD TR 157,145 17,849,000 11.20%
5 SCHWAB INTERNATIONAL EQUITY ETF 413,860 11,965,000 7.51%
6 ISHARES GOLD TRUST ISHARES ETF 781,190 8,937,000 5.61%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-15-000131, filed 2015.01.21).

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.