TANGLEWOOD WEALTH MANAGEMENT INC
Q2 2022 Form 13-F
HOUSTON, TEXAS
CIK 0001454308
· CRD 107639
· SEC-registered investment adviser
$741.4M Reported Value Total
TANGLEWOOD TOTAL WEALTH MANAGEMENT, INC. reports 1,246 total accounts under management (AUM). There are 1,246 discretionary accounts valued at $1,406,404,904, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-03-30
Reported value
$741.4M
Quarter over quarter
-12.5%
Holdings
30
Top-10 concentration
75.3%
Key People
Form ADV owners & control persons
Brian Joseph Merrill
VICE PRESIDENT AND TREASURER
John Franklin Merrill
PRESIDENT
Keith Alan Fenstad
CHIEF COMPLIANCE OFFICER AND SECRETARY
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q2 2022 13F record
Q2 2022 13F filing summary
| Period of report | June 30, 2022 |
|---|---|
| Filed | July 22, 2022 |
| Form | 13F-HR |
| Reported value | $741.4M |
| Positions | 30 |
| Change in reported value | +11.3% |
| New positions | 8 |
| Exited positions | 8 |
| Position turnover | 42.1% |
| Top-10 concentration | 75.3% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Oct 23, 2026
|
48 | $1.2B |
|
Q2 2026 13F
Filed Jul 27, 2026
|
44 | $1.2B |
|
Q1 2026 13F
Filed Apr 21, 2026
|
38 | $1.2B |
|
Q4 2025 13F
Filed Jan 29, 2026
|
35 | $1.1B |
|
Q3 2025 13F
Filed Oct 30, 2025
|
39 | $1.1B |
|
Q2 2025 13F
Filed Jul 21, 2025
|
40 | $1.0B |
|
Q1 2025 13F
Filed Apr 14, 2025
|
36 | $888.9M |
|
Q4 2024 13F
Filed Jan 24, 2025
|
34 | $868.0M |
|
Q3 2024 13F
Filed Oct 28, 2024
|
36 | $867.9M |
|
Q2 2024 13F
Filed Jul 26, 2024
|
30 | $804.3M |
|
Q1 2024 13F
Filed May 8, 2024
|
33 | $809.2M |
|
Q4 2023 13F
Filed Feb 8, 2024
|
32 | $816.8M |
|
Q3 2023 13F
Filed Oct 31, 2023
|
23 | $589.6M |
|
Q2 2023 13F
Filed Aug 4, 2023
|
29 | $699.4M |
|
Q1 2023 13F
Filed May 2, 2023
|
33 | $688.5M |
|
Q4 2022 13F
Filed Feb 7, 2023
|
32 | $667.6M |
|
Q3 2022 13F
Filed Nov 2, 2022
|
29 | $662.5M |
|
Q2 2022 13F
Filed Jul 22, 2022
|
30 | $741.4M |
|
Q1 2022 13F
Filed May 10, 2022
|
30 | $666.1M |
|
Q4 2021 13F
Filed Feb 2, 2022
|
27 | $603.1M |
34 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2022
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | IEI ISHARES TR | $100.1M | 13.5% |
| 2 | VTI VANGUARD INDEX FDS | $87.8M | 11.84% |
| 3 | AGG ISHARES TR | $74.0M | 9.98% |
| 4 | VGIT VANGUARD SCOTTSDALE FDS | $57.8M | 7.8% |
| 5 | VEA VANGUARD TAX-MANAGED INTL FD | $53.2M | 7.17% |
| 6 | QUAL ISHARES TR | $45.2M | 6.1% |
| 7 | VIGI VANGUARD WHITEHALL FDS | $36.6M | 4.93% |
| 8 | IAU ISHARES GOLD TR | $34.7M | 4.68% |
| 9 | FNDX SCHWAB STRATEGIC TR | $34.4M | 4.64% |
| 10 | XLV SELECT SECTOR SPDR TR | $34.4M | 4.64% |
| 11 | XLE SELECT SECTOR SPDR TR | $33.2M | 4.48% |
| 12 | GLD SPDR GOLD TR | $28.8M | 3.89% |
| 13 | VNQ VANGUARD INDEX FDS | $21.5M | 2.9% |
| 14 | IWV ISHARES TR | $20.2M | 2.73% |
| 15 | XLP SELECT SECTOR SPDR TR | $18.3M | 2.46% |
| 16 | IEFA ISHARES TR | $16.3M | 2.2% |
| 17 | QQQ INVESCO QQQ TR | $16.1M | 2.18% |
| 18 | SCHB SCHWAB STRATEGIC TR | $11.5M | 1.55% |
| 19 | EFA ISHARES TR | $6.1M | 0.82% |
| 20 | EFV ISHARES TR | $3.6M | 0.49% |
Values as reported on the Q2 2022 Form 13F. Every position is in the holdings table below.