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Portfolio (Quarterly) Guide ↗

Tanglewood Wealth Management, Inc.

· CIK 0001454308
13F Portfolio $1.2B AUM 44 positions Filed Jul 27, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 12 New 8 Added 17 Reduced 3 Exited
Page 2 of 3  ·  44 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 EFG ISHARES MSCI EAFE GROWTH ETF 16,818.0 $2.1M 0.18% -4K -17.4% $124.42 +0.8%
22 XLK STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF 8,999.0 $1.7M 0.15% +534.0 +6.3% $190.52 -3.6%
23 QQQM INVESCO EXCH TRADED FD TR II 5,556.0 $1.7M 0.14% NEW $302.97 -2.7%
24 FPAG FPA GLOBAL EQUITY ETF 40,809.0 $1.6M 0.14% -1.0M -96.2% $40.14 +5.8%
25 FEOE FIRST EAGLE OVERSEAS EQUITY ETF 26,234.0 $1.4M 0.12% -15K -36.3% $53.40 +5.0%
26 XLRE STATE STREET REAL ESTATE SELECT SECTOR SPDR ETF 27,682.0 $1.2M 0.10% NEW $44.03 +2.2%
27 GOOGL ALPHABET INC CAP STK CL A Communication Services 2,607.0 $932K 0.08% -765.0 -22.7% $357.37 -3.5%
28 SCHX SCHWAB U.S. LARGE-CAP ETF 29,249.0 $861K 0.07% $29.43 +3.1%
29 BERKSHIRE HATHAWAY INC DEL CL A 1.0 $749K 0.06% $748850.00
30 AAPL APPLE INC COM Technology 2,160.0 $625K 0.05% -571.0 -20.9% $289.36 +9.5%
31 VOO VANGUARD INDEX FDS 703.0 $483K 0.04% NEW $686.81 +2.9%
32 EFV ISHARES MSCI EAFE VALUE ETF 5,972.0 $457K 0.04% $76.55 +6.5%
33 MSFT MICROSOFT CORP COM Technology 1,134.0 $423K 0.04% -372.0 -24.7% $373.02 +29.8%
34 AKRE AKRE FOCUS ETF 7,364.0 $392K 0.03% -83K -91.9% $53.19 +13.9%
35 SPY STATE STREET SPDR S&P 500 ETF Financial Services 448.0 $335K 0.03% -1K -74.9% $746.77 +3.0%
36 SLV ISHARES SILVER TR Financial Services 6,000.0 $321K 0.03% NEW $53.47 +12.2%
37 IWD ISHARES RUSSELL 1000 VALUE ETF 1,313.0 $318K 0.03% $242.43 +6.7%
38 BND VANGUARD TOTAL BOND MARKET ETF 3,695.0 $271K 0.02% $73.41 -1.2%
39 CAT CATERPILLAR INC Industrials 250.0 $266K 0.02% NEW $1064.90 -23.4%
40 IDV ISHARES INTERNATIONAL SELECT DIVIDEND ETF 5,550.0 $230K 0.02% $41.43 +8.3%
Page 2 of 3  ·  44 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 98.2%
Technology 0.7%
Communication Services 0.6%
Industrials 0.2%
Consumer Cyclical 0.1%
Healthcare 0.1%
Real Estate 0.1%