1y return+19.3%S&P 500 +20.9%
3y return+53.7%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $171 against $195 in the S&P 500.2
Tanglewood Legacy Advisors, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| IUSGIshares S&p | $63.2M | 20.4% | |
| IUSVIshares Core | $42.2M | 13.6% | |
| RWLInvesco S&p | $37.2M | 12.0% | +2.3% |
| PAAAPgim Aaa | $11.0M | 3.5% | −4.3% |
| IWRIshares Russell | $10.3M | 3.3% | +2.1% |
| IWFIshares Russell | $8.9M | 2.9% | |
| FMAYFirst Trust | $5.8M | 1.9% | |
| IWDIshares Russell | $5.5M | 1.8% | |
| SPYState Street | $5.0M | 1.6% | −2.3% |
| AAPLApple Inc | $4.9M | 1.6% | |
| DMAYFirst Trust | $4.7M | 1.5% | −1.1% |
| FAPRFirst Trust | $4.6M | 1.5% | |
| QQQInvesco Qqq | $4.4M | 1.4% | |
| GFEBFirst Trust | $3.8M | 1.2% | −3.5% |
| GJANFirst Trust | $3.8M | 1.2% | |
| DAPRFirst Trust | $3.4M | 1.1% | +15.0% |
| DNOVFirst Trust | $3.3M | 1.0% | |
| CATCaterpillar Inc | $2.6M | 0.8% | |
| DFEBFirst Trust | $2.6M | 0.8% | −3.0% |
| LUVSouthwest Airlines | $2.4M | 0.8% | |
| DJUNFirst Trust | $2.3M | 0.8% | +19.9% |
| FJUNFirst Trust | $2.3M | 0.7% | +6.2% |
| DBEFXtrackers Msci | $2.2M | 0.7% | −7.1% |
| DFAUDimensional Us | $2.1M | 0.7% | |
| GAUGFirst Trust | $2.0M | 0.7% | −9.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CATCaterpillar Inc | December 31, 2022 | +344.5% | $2.6M |
| QQQInvesco Qqq | December 31, 2022 | +176.6% | $4.4M |
| IWFIshares Russell | December 31, 2022 | +131.8% | $8.9M |
| IUSGIshares S&p | December 31, 2022 | +130.7% | $63.2M |
| AAPLApple Inc | December 31, 2022 | +122.7% | $4.9M |
| VUGVanguard Growth | March 31, 2023 | +107.2% | $1.6M |
| SPYState Street | December 31, 2022 | +95.3% | $5.0M |
| IVVIshares Core | December 31, 2022 | +94.9% | $1.8M |
| ITOTIshares Core | December 31, 2022 | +93.7% | $1.7M |
| DFAUDimensional Us | March 31, 2023 | +79.7% | $2.1M |
Sold off last quarter
- Carnival CorpCUSIP 143658300 was $28K
- PNCPnc Financial was $25K
- CTRACoterra Energy was $21K
- MSTRStrategy Inc was $1,123
- IBITIshares Bitcoin was $1,114
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.5% | +14.8% |
| March 31, 2026 | −1.7% | −4.6% |
| December 31, 2025 | +2.2% | +2.4% |
| September 30, 2025 | +6.4% | +7.8% |
| June 30, 2025 | +7.2% | +10.5% |
| March 31, 2025 | −3.4% | −4.6% |
| December 31, 2024 | +0.9% | +2.1% |
| September 30, 2024 | +5.3% | +5.4% |
| June 30, 2024 | +1.8% | +4.0% |
| March 31, 2024 | +8.2% | +10.0% |
| December 31, 2023 | +9.7% | +11.2% |
| September 30, 2023 | −3.0% | −3.6% |
| June 30, 2023 | +6.6% | +8.3% |
| March 31, 2023 | +4.2% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tanglewood Legacy Advisors, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1965616&type=13F-HR&dateb=&owner=include&count=40CIK 1965616
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1965616/000196561626000004/Filed August 10, 2026 · accession 0001965616-26-000004