Skip to content
Disclosery

Twele Capital Management, Inc.

Follow

13F filer, CIK 1411268, MINNETONKA, MN

Twele Capital Management, Inc. reported $559,566,134 across 39 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-01-09. Its ten largest share positions make up 74.62% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001411268-26-000002

Period
2025-12-31
Reported value
$560M
Holdings
39
Top 10 weight
74.62%
New
0
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
BNDadded+40,588$3.01M
AGGadded+21,930$2.19M
IEFadded+18,245$1.75M
IVVadded+1,193$817K
IJHadded+9,453$624K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
AAPLreduced-85-$23.1K
SCHBreduced-439-$11.5K
SCHXreduced-337-$9.07K
SCHAreduced-275-$7.83K
VUGreduced-13-$6.34K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001411268-26-000002, largest first. % of portfolio is the value over $559,566,134, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
IVVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 94,147 shares; 2025Q1: 97,699 shares; 2025Q2: 95,961 shares; 2025Q3: 94,488 shares; 2025Q4: 95,681 shares 95,681$65.5M11.71%+1,193Timeline
VOOVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 93,467 shares; 2025Q1: 97,910 shares; 2025Q2: 97,348 shares; 2025Q3: 95,935 shares; 2025Q4: 96,280 shares 96,280$60.4M10.79%+345Timeline
BNDVANGUARD BD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 623,402 shares; 2025Q1: 611,603 shares; 2025Q2: 649,370 shares; 2025Q3: 696,668 shares; 2025Q4: 737,256 shares 737,256$54.6M9.76%+40,588Timeline
IEFISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 435,501 shares; 2025Q1: 418,118 shares; 2025Q2: 436,409 shares; 2025Q3: 473,893 shares; 2025Q4: 492,138 shares 492,138$47.3M8.46%+18,245Timeline
AGGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 406,622 shares; 2025Q1: 395,511 shares; 2025Q2: 416,153 shares; 2025Q3: 447,643 shares; 2025Q4: 469,573 shares 469,573$46.9M8.38%+21,930Timeline
VYMVANGUARD WHITEHALL FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 288,232 shares; 2025Q1: 287,865 shares; 2025Q2: 291,113 shares; 2025Q3: 296,573 shares; 2025Q4: 298,771 shares 298,771$42.9M7.66%+2,198Timeline
VEAVANGUARD TAX-MANAGED FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 459,018 shares; 2025Q1: 439,635 shares; 2025Q2: 423,541 shares; 2025Q3: 427,061 shares; 2025Q4: 428,789 shares 428,789$26.8M4.79%+1,728Timeline
IEFAISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 316,375 shares; 2025Q1: 298,980 shares; 2025Q2: 292,510 shares; 2025Q3: 296,566 shares; 2025Q4: 298,541 shares 298,541$26.7M4.77%+1,975Timeline
IJHISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 348,276 shares; 2025Q1: 375,184 shares; 2025Q2: 375,474 shares; 2025Q3: 375,647 shares; 2025Q4: 385,100 shares 385,100$25.4M4.54%+9,453Timeline
IJRISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 169,235 shares; 2025Q1: 169,079 shares; 2025Q2: 170,180 shares; 2025Q3: 172,639 shares; 2025Q4: 174,979 shares 174,979$21M3.76%+2,340Timeline
VOVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 67,165 shares; 2025Q1: 67,245 shares; 2025Q2: 68,228 shares; 2025Q3: 69,135 shares; 2025Q4: 69,737 shares 69,737$20.2M3.62%+602Timeline
VBVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 64,609 shares; 2025Q1: 74,041 shares; 2025Q2: 76,939 shares; 2025Q3: 77,735 shares; 2025Q4: 78,139 shares 78,139$20.2M3.6%+404Timeline
HYGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 244,950 shares; 2025Q1: 245,000 shares; 2025Q2: 243,867 shares; 2025Q3: 244,371 shares; 2025Q4: 245,743 shares 245,743$19.8M3.54%+1,372Timeline
IEMGISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 228,680 shares; 2025Q1: 229,003 shares; 2025Q2: 233,755 shares; 2025Q3: 235,241 shares; 2025Q4: 235,511 shares 235,511$15.8M2.83%+270Timeline
VCSHVANGUARD SCOTTSDALE FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 163,729 shares; 2025Q1: 164,077 shares; 2025Q2: 164,675 shares; 2025Q3: 175,157 shares; 2025Q4: 182,265 shares 182,265$14.5M2.6%+7,108Timeline
VWOVANGUARD INTL EQUITY INDEX FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 259,948 shares; 2025Q1: 260,606 shares; 2025Q2: 262,298 shares; 2025Q3: 263,879 shares; 2025Q4: 264,725 shares 264,725$14.2M2.54%+846Timeline
LQDISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 94,864 shares; 2025Q1: 94,860 shares; 2025Q2: 96,690 shares; 2025Q3: 101,761 shares; 2025Q4: 103,421 shares 103,421$11.4M2.04%+1,660Timeline
USHYISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 42,647 shares; 2025Q1: 42,630 shares; 2025Q2: 42,630 shares; 2025Q3: 92,768 shares; 2025Q4: 106,605 shares 106,605$3.99M0.71%+13,837Timeline
GOVTISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 105,462 shares; 2025Q1: 108,809 shares; 2025Q2: 126,643 shares; 2025Q3: 144,992 shares; 2025Q4: 153,186 shares 153,186$3.53M0.63%+8,194Timeline
IEIISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 16,124 shares; 2025Q1: 16,330 shares; 2025Q2: 16,185 shares; 2025Q3: 16,209 shares; 2025Q4: 16,739 shares 16,739$2M0.36%+530Timeline
EFAISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 21,176 shares; 2025Q1: 20,081 shares; 2025Q2: 20,012 shares; 2025Q3: 20,012 shares; 2025Q4: 19,959 shares 19,959$1.92M0.34%-53Timeline
VTEBVANGUARD MUN BD FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 35,715 shares; 2025Q1: 35,693 shares; 2025Q2: 34,648 shares; 2025Q3: 23,482 shares; 2025Q4: 35,369 shares 35,369$1.78M0.32%+11,887Timeline
SCHZSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 51,555 shares; 2025Q1: 51,854 shares; 2025Q2: 51,142 shares; 2025Q3: 53,848 shares; 2025Q4: 54,925 shares 54,925$1.28M0.23%+1,077Timeline
MUBISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 8,577 shares; 2025Q1: 8,700 shares; 2025Q2: 9,193 shares; 2025Q3: 11,078 shares; 2025Q4: 11,213 shares 11,213$1.2M0.21%+135Timeline
SCHXSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 43,661 shares; 2025Q1: 44,085 shares; 2025Q2: 42,321 shares; 2025Q3: 40,412 shares; 2025Q4: 40,075 shares 40,075$1.08M0.19%-337Timeline
SCHOSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 39,508 shares; 2025Q1: 39,812 shares; 2025Q2: 41,837 shares; 2025Q3: 42,023 shares; 2025Q4: 43,735 shares 43,735$1.07M0.19%+1,712Timeline
VCITVANGUARD SCOTTSDALE FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 6,999 shares; 2025Q1: 7,607 shares; 2025Q2: 9,443 shares; 2025Q3: 10,398 shares; 2025Q4: 11,740 shares 11,740$983K0.18%+1,342Timeline
SCHFSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 38,501 shares; 2025Q1: 38,926 shares; 2025Q2: 38,367 shares; 2025Q3: 37,816 shares; 2025Q4: 37,730 shares 37,730$907K0.16%-86Timeline
SCHASCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 31,017 shares; 2025Q1: 31,149 shares; 2025Q2: 31,989 shares; 2025Q3: 31,566 shares; 2025Q4: 31,291 shares 31,291$891K0.16%-275Timeline
IWFISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 1,556 shares; 2025Q1: 1,553 shares; 2025Q2: 1,553 shares; 2025Q3: 1,549 shares; 2025Q4: 1,549 shares 1,549$733K0.13%0Timeline
SCHBSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 29,033 shares; 2025Q1: 29,109 shares; 2025Q2: 29,174 shares; 2025Q3: 28,383 shares; 2025Q4: 27,944 shares 27,944$733K0.13%-439Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 2,837 shares; 2025Q1: 2,839 shares; 2025Q2: 2,640 shares; 2025Q3: 2,641 shares; 2025Q4: 2,556 shares 2,556$695K0.12%-85Timeline
SCHMSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 18,470 shares; 2025Q1: 18,483 shares; 2025Q2: 18,648 shares; 2025Q3: 18,613 shares; 2025Q4: 18,613 shares 18,613$560K0.1%0Timeline
VUGVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 1,200 shares; 2025Q1: 1,196 shares; 2025Q2: 1,174 shares; 2025Q3: 1,144 shares; 2025Q4: 1,131 shares 1,131$552K0.1%-13Timeline
SCHRSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 18,704 shares; 2025Q1: 19,191 shares; 2025Q2: 19,561 shares; 2025Q3: 20,472 shares; 2025Q4: 20,866 shares 20,866$523K0.09%+394Timeline
SHYISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 5,296 shares; 2025Q1: 5,336 shares; 2025Q2: 4,975 shares; 2025Q3: 4,975 shares; 2025Q4: 5,281 shares 5,281$437K0.08%+306Timeline
DVYISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 3,078 shares; 2025Q1: 3,063 shares; 2025Q2: 2,894 shares; 2025Q3: 2,401 shares; 2025Q4: 2,401 shares 2,401$339K0.06%0Timeline
SCHESCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 9,732 shares; 2025Q1: 9,867 shares; 2025Q2: 10,140 shares; 2025Q3: 10,140 shares; 2025Q4: 10,076 shares 10,076$330K0.06%-64Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: restricted; 2024Q4: 2,668 shares; 2025Q1: 2,668 shares; 2025Q2: 1,334 shares; 2025Q3: 1,494 shares; 2025Q4: 1,494 shares 1,494$279K0.05%0Timeline

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001411268-26-000002 base2026-01-09acceptance time not in the bulk data set