Instuitional Investor - Tanglewood Wealth Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds		652,748	$189,173,055	21.79%
2.	Ishares Tr		1,454,378	$168,053,449	19.36%
3.	Vanguard Tax-Managed Intl Fd		1,449,237	$69,302,535	7.98%
4.	Ishares Trust	IAU	1,282,274	$63,485,386	7.31%
5.	Invesco Qqq Tr		93,101	$47,596,139	5.48%