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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 (2016Q3)
Portfolio Summary: 12 holdings with a total value of $278,012,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 VANGUARD INTL EQUITY INDEX F 1,267,751 57,594,000 20.72%
2 VANGUARD INDEX FDS 292,554 32,570,000 11.72%
3 ISHARES 7-10 YEAR TREASURY BOND ETF 258,158 28,883,000 10.39%
4 SPDR GOLD TR 221,800 27,867,000 10.02%
5 VANGUARD INDEX FDS 311,322 27,004,000 9.71%
6 ISHARES TR 368,097 24,843,000 8.94%
7 ISHARES RUSSELL 3000 ETF 167,067 21,416,000 7.70%
8 ISHARES TR 158,812 20,096,000 7.23%
9 ISHARES GOLD TRUST ISHARES ETF 1,420,997 18,032,000 6.49%
10 VANGUARD STAR FDS 358,332 16,917,000 6.08%
11 ISHARES TR 20,694 2,570,000 0.92%
12 SPDR S&P 500 ETF TR 1,017 220,000 0.08%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-16-004620, filed 2016.11.02).

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.