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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 (2016Q2)
Portfolio Summary: 11 holdings with a total value of $271,240,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 SPDR S&P 500 ETF TR 1,017 213,000 0.08%
2 VANGUARD STAR FDS 349,204 15,533,000 5.73%
3 ISHARES GOLD TRUST 1,261,527 16,097,000 5.93%
4 ISHARES RUSSELL 3000 ETF 132,198 16,395,000 6.04%
5 SPDR GOLD TR 210,197 26,584,000 9.80%
6 VANGUARD INDEX FDS 314,563 27,892,000 10.28%
7 ISHARES TR 430,416 28,407,000 10.47%
8 ISHARES 7-10 YEAR TREASURY BOND ETF 260,318 29,404,000 10.84%
9 VANGUARD INDEX FDS 293,924 31,497,000 11.61%
10 ISHARES TR 303,956 38,709,000 14.27%
11 VANGUARD INTL EQUITY INDEX F 945,360 40,509,000 14.93%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-16-003996, filed 2016.07.19).

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.