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

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	—	COHEN & STEERS ETF TRUST	—	1,334,706.0	$31.6M	2.69%	NEW	—	$23.65	—
2	AVDV	AVANTIS INTERNATIONAL SMALL CAP VALUE ETF	—	23,881.0	$2.5M	0.21%	NEW	—	$103.05	+6.1%
3	SCHO	SCHWAB STRATEGIC TR	—	97,461.0	$2.4M	0.20%	NEW	—	$24.14	-1.2%
4	QQQM	INVESCO EXCH TRADED FD TR II	—	5,556.0	$1.7M	0.14%	NEW	—	$302.97	+0.3%
5	XLRE	STATE STREET REAL ESTATE SELECT SECTOR SPDR ETF	—	27,682.0	$1.2M	0.10%	NEW	—	$44.03	-6.1%
6	VOO	VANGUARD INDEX FDS	—	703.0	$483K	0.04%	NEW	—	$686.81	+2.3%
7	SLV	ISHARES SILVER TR	Financial Services	6,000.0	$321K	0.03%	NEW	—	$53.47	+3.8%
8	CAT	CATERPILLAR INC	Industrials	250.0	$266K	0.02%	NEW	—	$1064.90	-22.4%
9	WELL	WELLTOWER INC	Real Estate	957.0	$217K	0.02%	NEW	—	$226.97	+2.6%
10	DVY	ISHARES SELECT DIVIDEND ETF	—	1,347.0	$211K	0.02%	NEW	—	$156.30	-2.0%
11	AMZN	AMAZON COM INC	Consumer Cyclical	856.0	$204K	0.02%	NEW	—	$238.34	+3.5%
12	JNJ	JOHNSON & JOHNSON	Healthcare	789.0	$200K	0.02%	NEW	—	$253.97	+5.4%

① 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%