Tanglewood Wealth Management, Inc. Long-Term Concentrated

CIK: 0001454308 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Jul 21, 2025

Total Value ($000): $1,014,382 (100.0% shares, 0.0% debt)

Holdings (40)

VTI VANGUARD INDEX FDS 16.9%

Value ($000) $171,853 Shares 565,435 Est. Cost $213.05 Unrealized —

VEA VANGUARD TAX-MANAGED INTL FD 15.4%

Value ($000) $156,186 Shares 2,739,624 Est. Cost $49.54 Unrealized —

IEI ISHARES TR 12.4%

Value ($000) $125,702 Shares 1,055,521 Est. Cost $117.26 Unrealized —

VGIT VANGUARD SCOTTSDALE FDS 7.9%

Value ($000) $80,600 Shares 1,347,593 Est. Cost $59.52 Unrealized —

IAU ISHARES GOLD TR 7.1%

Value ($000) $72,055 Shares 1,155,471 Est. Cost $36.85 Unrealized —

IEF ISHARES TR 5.3%

Value ($000) $54,130 Shares 565,204 Est. Cost $95.33 Unrealized —

GLD SPDR GOLD TR 5.0%

Value ($000) $50,821 Shares 166,719 Est. Cost $180.99 Unrealized —

FRDM EA SERIES TRUST 4.4%

Value ($000) $44,754 Shares 1,107,772 Est. Cost $37.18 Unrealized —

QQQ INVESCO QQQ TR 4.3%

Value ($000) $43,998 Shares 79,758 Est. Cost $359.51 Unrealized —

FPAG INVESTMENT MANAGERS SER TR I 3.7%

Value ($000) $37,312 Shares 1,097,525 Est. Cost $29.67 Unrealized —

FNDX SCHWAB STRATEGIC TR 3.0%

Value ($000) $30,090 Shares 1,226,154 Est. Cost $36.16 Unrealized —

IWV ISHARES TR 2.6%

Value ($000) $26,487 Shares 75,462 Est. Cost $197.74 Unrealized —

EFA ISHARES TR 2.6%

Value ($000) $26,014 Shares 291,019 Est. Cost $67.14 Unrealized —

QUAL ISHARES TR 2.3%

Value ($000) $22,892 Shares 125,216 Est. Cost $117.90 Unrealized —

SCHB SCHWAB STRATEGIC TR 2.2%

Value ($000) $21,977 Shares 922,238 Est. Cost $31.83 Unrealized —

VNQ VANGUARD INDEX FDS 1.8%

Value ($000) $17,953 Shares 201,578 Est. Cost $88.02 Unrealized —

VIGI VANGUARD WHITEHALL FDS 0.7%

Value ($000) $7,408 Shares 82,205 Est. Cost $76.07 Unrealized —

IEFA ISHARES TR 0.5%

Value ($000) $4,680 Shares 56,056 Est. Cost $66.20 Unrealized —

TCAF T ROWE PRICE ETF INC 0.4%

Value ($000) $4,501 Shares 127,588 Est. Cost $30.13 Unrealized —

EFG ISHARES TR 0.2%

Value ($000) $2,312 Shares 20,642 Est. Cost $79.97 Unrealized —

FEOE RBB FUND TRUST 0.2%

Value ($000) $1,939 Shares 46,078 Est. Cost $42.07 Unrealized —

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $1,467 Shares 2,374 Est. Cost $573.76 Unrealized —

XLK SELECT SECTOR SPDR TR 0.1%

Value ($000) $1,424 Shares 5,624 Est. Cost $186.01 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value ($000) $749 Shares 1,506 Est. Cost $370.45 Unrealized +16.7%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $729 Shares 1 Est. Cost $616493.94 Unrealized +23.6%

SCHX SCHWAB STRATEGIC TR 0.1%

Value ($000) $715 Shares 29,250 Est. Cost $39.44 Unrealized —

GOOGL ALPHABET INC 0.1%

Value ($000) $624 Shares 3,540 Est. Cost $147.64 Unrealized +10.6%

ACWV ISHARES INC 0.1%

Value ($000) $607 Shares 5,119 Est. Cost $116.37 Unrealized —

SCHH SCHWAB STRATEGIC TR 0.1%

Value ($000) $603 Shares 28,507 Est. Cost $21.84 Unrealized —

XLRE SELECT SECTOR SPDR TR 0.1%

Value ($000) $598 Shares 14,433 Est. Cost $41.42 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $560 Shares 2,731 Est. Cost $194.95 Unrealized +3.3%

SHY ISHARES TR 0.0%

Value ($000) $402 Shares 4,855 Est. Cost $82.73 Unrealized —

JEPI J P MORGAN EXCHANGE TRADED F 0.0%

Value ($000) $400 Shares 7,040 Est. Cost $54.98 Unrealized —

EFV ISHARES TR 0.0%

Value ($000) $379 Shares 5,972 Est. Cost $48.00 Unrealized —

IYR ISHARES TR 0.0%

Value ($000) $320 Shares 3,372 Est. Cost $85.15 Unrealized —

SCHD SCHWAB STRATEGIC TR 0.0%

Value ($000) $283 Shares 10,677 Est. Cost $43.59 Unrealized —

VFMV VANGUARD WELLINGTON FD 0.0%

Value ($000) $225 Shares 1,755 Est. Cost $126.74 Unrealized —

IDV ISHARES TR 0.0%

Value ($000) $219 Shares 6,353 Est. Cost $34.51 Unrealized —

SPGI S&P GLOBAL INC 0.0%

Value ($000) $211 Shares 400 Est. Cost $496.65 Unrealized 0.0%

IWD ISHARES TR 0.0%

Value ($000) $205 Shares 1,057 Est. Cost $194.23 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VTI	VANGUARD INDEX FDS	565,435	$171,853	16.9%	$213.05	—	TOTAL STK MKT	922908769
VEA	VANGUARD TAX-MANAGED INTL FD	2,739,624	$156,186	15.4%	$49.54	—	FTSE DEV MKT ETF	921943858
IEI	ISHARES TR	1,055,521	$125,702	12.4%	$117.26	—	3 7 YR TREAS BD	464288661
VGIT	VANGUARD SCOTTSDALE FDS	1,347,593	$80,600	7.9%	$59.52	—	INTER TERM TREAS	92206C706
IAU	ISHARES GOLD TR	1,155,471	$72,055	7.1%	$36.85	—	ISHARES NEW	464285204
IEF	ISHARES TR	565,204	$54,130	5.3%	$95.33	—	7-10 YR TRSY BD	464287440
GLD	SPDR GOLD TR	166,719	$50,821	5.0%	$180.99	—	GOLD SHS	78463V107
FRDM	EA SERIES TRUST	1,107,772	$44,754	4.4%	$37.18	—	FREEDOM 100 EM	02072L607
QQQ	INVESCO QQQ TR	79,758	$43,998	4.3%	$359.51	—	UNIT SER 1	46090E103
FPAG	INVESTMENT MANAGERS SER TR I	1,097,525	$37,312	3.7%	$29.67	—	FPA GBL EQTY ETF	30254T577
FNDX	SCHWAB STRATEGIC TR	1,226,154	$30,090	3.0%	$36.16	—	SCHWAB FDT US LG	808524771
IWV	ISHARES TR	75,462	$26,487	2.6%	$197.74	—	RUSSELL 3000 ETF	464287689
EFA	ISHARES TR	291,019	$26,014	2.6%	$67.14	—	MSCI EAFE ETF	464287465
QUAL	ISHARES TR	125,216	$22,892	2.3%	$117.90	—	MSCI USA QLT FCT	46432F339
SCHB	SCHWAB STRATEGIC TR	922,238	$21,977	2.2%	$31.83	—	US BRD MKT ETF	808524102
VNQ	VANGUARD INDEX FDS	201,578	$17,953	1.8%	$88.02	—	REAL ESTATE ETF	922908553
VIGI	VANGUARD WHITEHALL FDS	82,205	$7,408	0.7%	$76.07	—	INTL DVD ETF	921946810
IEFA	ISHARES TR	56,056	$4,680	0.5%	$66.20	—	CORE MSCI EAFE	46432F842
TCAF	T ROWE PRICE ETF INC	127,588	$4,501	0.4%	$30.13	—	CAP APPRECIATION	87283Q867
EFG	ISHARES TR	20,642	$2,312	0.2%	$79.97	—	EAFE GRWTH ETF	464288885
FEOE	RBB FUND TRUST	46,078	$1,939	0.2%	$42.07	—	FIRST EAGLE OVER	75526L878
SPY	SPDR S&P 500 ETF TR	2,374	$1,467	0.1%	$573.76	—	TR UNIT	78462F103
XLK	SELECT SECTOR SPDR TR	5,624	$1,424	0.1%	$186.01	—	TECHNOLOGY	81369Y803
MSFT	MICROSOFT CORP	1,506	$749	0.1%	$370.45	+16.7%	COM	594918104
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$729	0.1%	$616493.94	+23.6%	CL A	084670108
SCHX	SCHWAB STRATEGIC TR	29,250	$715	0.1%	$39.44	—	US LRG CAP ETF	808524201
GOOGL	ALPHABET INC	3,540	$624	0.1%	$147.64	+10.6%	CAP STK CL A	02079K305
ACWV	ISHARES INC	5,119	$607	0.1%	$116.37	—	MSCI GBL MIN VOL	464286525
SCHH	SCHWAB STRATEGIC TR	28,507	$603	0.1%	$21.84	—	US REIT ETF	808524847
XLRE	SELECT SECTOR SPDR TR	14,433	$598	0.1%	$41.42	—	RL EST SEL SEC	81369Y860
AAPL	APPLE INC	2,731	$560	0.1%	$194.95	+3.3%	COM	037833100
SHY	ISHARES TR	4,855	$402	0.0%	$82.73	—	1 3 YR TREAS BD	464287457
JEPI	J P MORGAN EXCHANGE TRADED F	7,040	$400	0.0%	$54.98	—	EQUITY PREMIUM	46641Q332
EFV	ISHARES TR	5,972	$379	0.0%	$48.00	—	EAFE VALUE ETF	464288877
IYR	ISHARES TR	3,372	$320	0.0%	$85.15	—	U.S. REAL ES ETF	464287739
SCHD	SCHWAB STRATEGIC TR	10,677	$283	0.0%	$43.59	—	US DIVIDEND EQ	808524797
VFMV	VANGUARD WELLINGTON FD	1,755	$225	0.0%	$126.74	—	US MINIMUM	921935409
IDV	ISHARES TR	6,353	$219	0.0%	$34.51	—	INTL SEL DIV ETF	464288448
SPGI	S&P GLOBAL INC	400	$211	0.0%	$496.65	0.0%	COM	78409V104
IWD	ISHARES TR	1,057	$205	0.0%	$194.23	—	RUS 1000 VAL ETF	464287598