Tanglewood Wealth Management, Inc. Long-Term Concentrated

Location: Houston, TX

CIK: 0001454308 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 23, 2026

Total Value: $1.204B (100.0% shares, 0.0% debt)

Holdings (48)

New Positions (7)

Increased Positions (14)

VGIT VANGUARD INTERMEDIATE-TERM TREASURY ETF 10.7%
Value $129M (+113.6%) Shares 2,281,247 (+122.3%) Share Price $56.66 Est. Cost/Share $58.39 Unrealized @ Report Date -3.0%
XLRE STATE STREET REAL ESTATE SELECT SECTOR SPDR ETF 1.3%
Value $15.96M (+1209.5%) Shares 390,142 (+1309.4%) Share Price $40.91 Est. Cost/Share $44.06 Unrealized @ Report Date -7.1%
VNQ VANGUARD REAL ESTATE ETF 2.6%
Value $31.21M (+27.3%) Shares 348,240 (+37.0%) Share Price $89.63 Est. Cost/Share $93.37 Unrealized @ Report Date -4.0%
IAU ISHARES GOLD TR 5.1%
Value $61.98M (+5.2%) Shares 793,653 (+1.7%) Share Price $78.10 Est. Cost/Share $37.79 Unrealized @ Report Date +106.7%
SCHB SCHWAB U.S. BROAD MARKET ETF 4.0%
Value $48.69M (+6.6%) Shares 1,661,152 (+5.3%) Share Price $29.31 Est. Cost/Share $23.85 Unrealized @ Report Date +22.9%
FNDX SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF 4.5%
Value $54.71M (+2.3%) Shares 1,738,525 (+1.1%) Share Price $31.47 Est. Cost/Share $23.81 Unrealized @ Report Date +32.2%
QQQM INVESCO EXCH TRADED FD TR II 0.2%
Value $2.342M (+39.1%) Shares 7,688 (+38.4%) Share Price $304.64 Est. Cost/Share $286.31 Unrealized @ Report Date +6.4%
SPY STATE STREET SPDR S&P 500 ETF 0.1%
Value $670K (+100.2%) Shares 878 (+96.0%) Share Price $762.73 Est. Cost/Share $654.18 Unrealized @ Report Date +16.6%
VEA VANGUARD FTSE DEVELOPED MARKETS ETF 17.5%
Value $211M (+0.1%) Shares 2,984,492 (+1.0%) Share Price $70.61 Est. Cost/Share $49.87 Unrealized @ Report Date +41.6%
MSFT MICROSOFT CORP COM 0.1%
Value $669K (+58.1%) Shares 1,304 (+15.0%) Share Price $512.90 Est. Cost/Share $382.45 Unrealized @ Report Date +34.1%
AAPL APPLE INC COM 0.1%
Value $761K (+21.7%) Shares 2,284 (+5.7%) Share Price $333.02 Est. Cost/Share $201.81 Unrealized @ Report Date +65.0%
VOO VANGUARD INDEX FDS 0.1%
Value $609K (+26.0%) Shares 868 (+23.5%) Share Price $701.15 Est. Cost/Share $672.68 Unrealized @ Report Date +4.2%
AMZN AMAZON COM INC 0.0%
Value $233K (+14.3%) Shares 936 (+9.3%) Share Price $249.15 Est. Cost/Share $251.27 Unrealized @ Report Date -0.8%
GOOGL ALPHABET INC CAP STK CL A 0.1%
Value $929K (-0.3%) Shares 2,699 (+3.5%) Share Price $344.08 Est. Cost/Share $154.44 Unrealized @ Report Date +122.8%

Decreased Positions (12)

IEI ISHARES 3-7 YEAR TREASURY BOND ETF 0.8%
Value $9.515M (-94.4%) Shares 83,874 (-94.2%) Share Price $113.44 Est. Cost/Share $119.10 Unrealized @ Report Date -4.8%
FRDM FREEDOM 100 EMERGING MARKETS ETF 4.2%
Value $50.13M (-13.6%) Shares 716,598 (-10.0%) Share Price $69.96 Est. Cost/Share $35.80 Unrealized @ Report Date +95.4%
IWV ISHARES RUSSELL 3000 ETF 2.0%
Value $24.45M (-23.0%) Shares 56,652 (-24.0%) Share Price $431.66 Est. Cost/Share $228.42 Unrealized @ Report Date +89.0%
VTI VANGUARD TOTAL STOCK MARKET ETF 19.8%
Value $238M (-0.5%) Shares 635,779 (-1.6%) Share Price $374.24 Est. Cost/Share $219.95 Unrealized @ Report Date +70.1%
SCHO SCHWAB STRATEGIC TR 0.1%
Value $1.585M (-32.6%) Shares 66,447 (-31.8%) Share Price $23.86 Est. Cost/Share $24.17 Unrealized @ Report Date -1.3%
GLD SPDR GOLD TR 3.4%
Value $41M (+1.6%) Shares 107,657 (-1.7%) Share Price $380.84 Est. Cost/Share $180.09 Unrealized @ Report Date +111.5%
QQQ INVESCO QQQ TRUST SERIES I 4.6%
Value $55.55M (-0.9%) Shares 75,090 (-1.4%) Share Price $739.77 Est. Cost/Share $363.81 Unrealized @ Report Date +103.3%
EFG ISHARES MSCI EAFE GROWTH ETF 0.2%
Value $1.963M (-6.2%) Shares 16,380 (-2.6%) Share Price $119.83 Est. Cost/Share $84.17 Unrealized @ Report Date +42.4%
AKRE AKRE FOCUS ETF 0.0%
Value $289K (-26.2%) Shares 5,487 (-25.5%) Share Price $52.67 Est. Cost/Share $64.74 Unrealized @ Report Date -18.6%
TCAF T. ROWE PRICE CAPITAL APPRECIATION EQUITY ETF 0.5%
Value $6.039M (-1.4%) Shares 142,859 (-4.2%) Share Price $42.27 Est. Cost/Share $30.42 Unrealized @ Report Date +39.0%
FEOE FIRST EAGLE OVERSEAS EQUITY ETF 0.1%
Value $1.314M (-6.2%) Shares 24,430 (-6.9%) Share Price $53.77 Est. Cost/Share $50.29 Unrealized @ Report Date +6.9%
XLK STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF 0.1%
Value $1.661M (-3.1%) Shares 8,484 (-5.7%) Share Price $195.75 Est. Cost/Share $115.73 Unrealized @ Report Date +69.1%

Unchanged Positions (15)

QUAL ISHARES MSCI USA QUALITY FACTOR ETF 2.2%
Value $26.54M Shares 119,415 Share Price $222.24 Est. Cost/Share $118.74 Unrealized @ Report Date +87.2%
VIGI VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF 0.5%
Value $6.5M Shares 68,846 Share Price $94.42 Est. Cost/Share $75.71 Unrealized @ Report Date +24.7%
CAT CATERPILLAR INC 0.0%
Value $203K Shares 250 Share Price $810.79 Est. Cost/Share $878.47 Unrealized @ Report Date -7.7%
FPAG FPA GLOBAL EQUITY ETF 0.1%
Value $1.668M Shares 40,809 Share Price $40.88 Est. Cost/Share $29.17 Unrealized @ Report Date +40.1%
SCHX SCHWAB U.S. LARGE-CAP ETF 0.1%
Value $877K Shares 29,250 Share Price $30.00 Est. Cost/Share $20.59 Unrealized @ Report Date +45.7%
EFV ISHARES MSCI EAFE VALUE ETF 0.0%
Value $473K Shares 5,972 Share Price $79.14 Est. Cost/Share $48.02 Unrealized @ Report Date +64.8%
BND VANGUARD TOTAL BOND MARKET ETF 0.0%
Value $259K Shares 3,695 Share Price $70.15 Est. Cost/Share $74.43 Unrealized @ Report Date -5.7%
JNJ JOHNSON & JOHNSON 0.0%
Value $209K Shares 789 Share Price $264.74 Est. Cost/Share $233.06 Unrealized @ Report Date +13.6%
IEFA ISHARES CORE MSCI EAFE ETF 0.4%
Value $5.234M Shares 54,029 Share Price $96.88 Est. Cost/Share $65.69 Unrealized @ Report Date +47.5%
IWD ISHARES RUSSELL 1000 VALUE ETF 0.0%
Value $326K Shares 1,313 Share Price $247.93 Est. Cost/Share $189.37 Unrealized @ Report Date +30.9%
SLV ISHARES SILVER TR 0.0%
Value $327K Shares 6,000 Share Price $54.51 Est. Cost/Share $75.98 Unrealized @ Report Date -28.3%
DVY ISHARES SELECT DIVIDEND ETF 0.0%
Value $205K Shares 1,347 Share Price $152.07 Est. Cost/Share $151.02 Unrealized @ Report Date +0.7%
IDV ISHARES INTERNATIONAL SELECT DIVIDEND ETF 0.0%
Value $234K Shares 5,550 Share Price $42.19 Est. Cost/Share $32.65 Unrealized @ Report Date +29.2%
EFA ISHARES MSCI EAFE ETF 2.4%
Value $29.22M Shares 281,224 Share Price $103.89 Est. Cost/Share $67.96 Unrealized @ Report Date +52.9%
BRK/A BERKSHIRE HATHAWAY INC DEL CL A 0.1%
Value $747K Shares 1 Share Price $747005.00 Est. Cost/Share $616493.94 Unrealized @ Report Date +21.2%