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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 (2015Q4)
Portfolio Summary: 10 holdings with a total value of $252,439,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES RUSSELL 3000 ETF 541,936 65,200,000 25.83%
2 VANGUARD INTL EQUITY INDEX F 1,092,735 47,436,000 18.79%
3 ISHARES TR 298,478 36,596,000 14.50%
4 ISHARES 7-10 YEAR TREASURY BOND ETF 252,324 26,643,000 10.55%
5 VANGUARD INDEX FDS 313,231 24,974,000 9.89%
6 SPDR GOLD TR 193,464 19,629,000 7.78%
7 ISHARES TR 277,122 16,273,000 6.45%
8 ISHARES GOLD TRUST ISHARES ETF 911,255 9,322,000 3.69%
9 SCHWAB INTERNATIONAL EQUITY ETF 223,482 6,159,000 2.44%
10 SPDR S&P 500 ETF TR 1,017 207,000 0.08%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-16-002798, filed 2016.02.08).

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.