Institutional Manager · CIK 0001965616

Tanglewood Legacy Advisors, LLC

HOUSTON, TX · File #028-22922

Latest AUM

$266.3M

Positions

267

Top-10 Concentration

70.6%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	INVESCO S&P	IVZ	+272,829	+$31.2M	+$1,635
REDUCE	ISHARES CORE	464287663	-287,323	-$29.5M	+$1.7M
REDUCE	CATERPILLAR INC	CAT	-2,055	-$1.2M	+$432,980
ADD	ISHARES S&P	464287671	+6,037	+$1.0M	+$1.1M
ADD	PGIM AAA	69344A834	+7,339	+$376,197	-$35,100
EXITED	PIMCO DYNAMIC	69346N107	-13,449	-$335,284	$0
ADD	FIRST TRUST	33740U679	+8,544	+$323,135	+$33,134
REDUCE	FIRST TRUST	33740F748	-5,286	-$282,537	+$133,360
ADD	FIRST TRUST	33740U695	+6,997	+$274,912	+$2,185
ADD	FIRST TRUST	33740U687	+6,857	+$272,360	+$52,781

Sector Allocation

13.9%$37.2M

2.5%$6.7M

1.5%$3.9M

1.1%$3.0M

1.0%$2.7M

Consumer Discretionary

0.7%$1.9M

Materials

0.4%$1.2M

Utilities

0.3%$781,174

Consumer Staples

0.1%$331,784

Communication Services

0.0%$95,564

Filing History

Feb 6, 202613F HOLDINGS REPORTQ/E Dec 2025267 pos · $266.3M
Nov 7, 202513F HOLDINGS REPORTQ/E Sep 2025273 pos · $258.9M
Aug 8, 202513F HOLDINGS REPORTQ/E Jun 2025283 pos · $243.8M
Apr 22, 202513F HOLDINGS REPORTQ/E Mar 2025293 pos · $228.2M
Jan 30, 202513F HOLDINGS REPORTQ/E Dec 2024299 pos · $233.9M
Oct 15, 202413F HOLDINGS REPORTQ/E Sep 2024283 pos · $225.1M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024284 pos · $211.7M
Apr 16, 202413F HOLDINGS REPORTQ/E Mar 2024295 pos · $203.0M
Oct 18, 202313F HOLDINGS REPORTQ/E Dec 2023285 pos · $166.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES S&P	464287671	325,119	$54.6M	23.10%
2	ISHARES CORE	464287663	356,075	$36.5M	15.45%
3	INVESCO S&P	IVZ	273,240	$31.3M	13.23%
4	ISHARES RUSSELL	464287499	91,059	$8.8M	3.71%
5	ISHARES RUSSELL	464287614	17,163	$8.1M	3.44%
6	PGIM AAA	69344A834	153,587	$7.9M	3.33%
7	FIRST TRUST	33740F748	105,560	$5.6M	2.39%
8	ISHARES RUSSELL	464287598	23,320	$4.9M	2.07%
9	FIRST TRUST	33740F730	104,771	$4.7M	2.00%
10	FIRST TRUST	33740U885	98,108	$4.4M	1.84%
11	SPDR S&P	SPY	6,390	$4.4M	1.84%
12	APPLE INC	AAPL	15,513	$4.2M	1.78%
13	INVESCO QQQ	IVZ	5,731	$3.5M	1.49%
14	FIRST TRUST	33740F839	63,336	$3.1M	1.31%
15	FIRST TRUST	33740F516	70,453	$3.0M	1.28%
16	FIRST TRUST	33740U802	71,856	$2.8M	1.20%
17	FIRST TRUST	33740U737	67,971	$2.8M	1.19%
18	FIRST TRUST	33740U653	54,138	$2.1M	0.90%
19	XTRACKERS MSCI	233051200	43,322	$2.1M	0.88%
20	FIRST TRUST	33740F722	35,389	$2.0M	0.85%