TWELE CAPITAL MANAGEMENT, INC.

Filed: 4/10/2025ACC: 0001411268-25-000004

📋 What this filing means

TWELE CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 39 equity positions with a total reported market value of $471.58M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$471.58M

Total AUM (reported)

4.87M

Total Shares

Allocation by class

CORE S&P500 ETF$54.90M11.6%

S&P 500 ETF SHS$50.32M10.7%

TOTAL BND MRKT$44.92M9.5%

7-10 YR TRSY BD$39.88M8.5%

CORE US AGGBD ET$39.12M8.3%

HIGH DIV YLD$37.12M7.9%

CORE MSCI EAFE$22.62M4.8%

Portfolio Concentration

Top 3$150.14M31.8%

4–10$202.31M42.9%

11–25$111.46M23.6%

Rest$7.68M1.6%

Top 3 weight

31.8%

Top 10 weight

74.7%

Voting Authority Distribution

Total shares with voting rights: 4.87M

Sole

Full voting authority

3.76M

% of voting shares77.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.10M

% of voting shares22.7%

Investment Discretion (by position count)

Sole39

Shared0

Other0

Dominant voting typeSole · 77.3% of voting shares

Institutional Holdings39

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares97.70K

TypeSH

Market value$54.90M

11.64%

Sole

73.15K

Shared

0.00

None

24.55K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares97.91K

TypeSH

Market value$50.32M

10.67%

Sole

81.11K

Shared

0.00

None

16.80K

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares611.60K

TypeSH

Market value$44.92M

9.53%

Sole

482.32K

Shared

0.00

None

129.28K

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares418.12K

TypeSH

Market value$39.88M

8.46%

Sole

402.36K

Shared

0.00

None

15.76K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares395.51K

TypeSH

Market value$39.12M

8.30%

Sole

347.07K

Shared

0.00

None

48.44K

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares287.87K

TypeSH

Market value$37.12M

7.87%

Sole

270.54K

Shared

0.00

None

17.32K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares298.98K

TypeSH

Market value$22.62M

4.80%

Sole

248.90K

Shared

0.00

None

50.08K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares439.63K

TypeSH

Market value$22.35M

4.74%

Sole

363.08K

Shared

0.00

None

76.55K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares375.18K

TypeSH

Market value$21.89M

4.64%

Sole

307.07K

Shared

0.00

None

68.11K

ISHARES TR

SOLE

IBOXX HI YD ETF

Shares245K

TypeSH

Market value$19.33M

4.10%

Sole

234.21K

Shared

0.00

None

10.79K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares169.08K

TypeSH

Market value$17.68M

3.75%

Sole

136.16K

Shared

0.00

None

32.92K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares67.25K

TypeSH

Market value$17.39M

3.69%

Sole

54.85K

Shared

0.00

None

12.39K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares74.04K

TypeSH

Market value$16.42M

3.48%

Sole

60.12K

Shared

0.00

None

13.92K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares164.08K

TypeSH

Market value$12.95M

2.75%

Sole

130.25K

Shared

0.00

None

33.83K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares229K

TypeSH

Market value$12.36M

2.62%

Sole

180.07K

Shared

0.00

None

48.93K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares260.61K

TypeSH

Market value$11.80M

2.50%

Sole

216.52K

Shared

0.00

None

44.09K

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares94.86K

TypeSH

Market value$10.31M

2.19%

Sole

90.36K

Shared

0.00

None

4.50K

ISHARES TR

SOLE

US TREAS BD ETF

Shares108.81K

TypeSH

Market value$2.50M

0.53%

Sole

40.30K

Shared

0.00

None

68.51K

ISHARES TR

SOLE

3 7 YR TREAS BD

Shares16.33K

TypeSH

Market value$1.93M

0.41%

Sole

132.00

Shared

0.00

None

16.20K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares35.69K

TypeSH

Market value$1.77M

0.38%

Sole

0.00

Shared

0.00

None

35.69K

ISHARES TR

SOLE

MSCI EAFE ETF

Shares20.08K

TypeSH

Market value$1.64M

0.35%

Sole

0.00

Shared

0.00

None

20.08K

ISHARES TR

SOLE

BROAD USD HIGH

Shares42.63K

TypeSH

Market value$1.57M

0.33%

Sole

41.98K

Shared

0.00

None

655.00

SCHWAB STRATEGIC TR

SOLE

US AGGREGATE B

Shares51.85K

TypeSH

Market value$1.20M

0.25%

Sole

0.00

Shared

0.00

None

51.85K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares44.09K

TypeSH

Market value$973.4K

0.21%

Sole

0.00

Shared

0.00

None

44.09K

SCHWAB STRATEGIC TR

SOLE

SHT TM US TRES

Shares39.81K

TypeSH

Market value$969.0K

0.21%

Sole

0.00

Shared

0.00

None

39.81K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	CORE S&P500 ETF	97.70K	SH	$54.90M 11.64%	73.15K	24.55K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	97.91K	SH	$50.32M 10.67%	81.11K	16.80K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	611.60K	SH	$44.92M 9.53%	482.32K	129.28K
ISHARES TRSOLE	7-10 YR TRSY BD	418.12K	SH	$39.88M 8.46%	402.36K	15.76K
ISHARES TRSOLE	CORE US AGGBD ET	395.51K	SH	$39.12M 8.30%	347.07K	48.44K
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	287.87K	SH	$37.12M 7.87%	270.54K	17.32K
ISHARES TRSOLE	CORE MSCI EAFE	298.98K	SH	$22.62M 4.80%	248.90K	50.08K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	439.63K	SH	$22.35M 4.74%	363.08K	76.55K
ISHARES TRSOLE	CORE S&P MCP ETF	375.18K	SH	$21.89M 4.64%	307.07K	68.11K
ISHARES TRSOLE	IBOXX HI YD ETF	245K	SH	$19.33M 4.10%	234.21K	10.79K
ISHARES TRSOLE	CORE S&P SCP ETF	169.08K	SH	$17.68M 3.75%	136.16K	32.92K
VANGUARD INDEX FDSSOLE	MID CAP ETF	67.25K	SH	$17.39M 3.69%	54.85K	12.39K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	74.04K	SH	$16.42M 3.48%	60.12K	13.92K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	164.08K	SH	$12.95M 2.75%	130.25K	33.83K
ISHARES INCSOLE	CORE MSCI EMKT	229K	SH	$12.36M 2.62%	180.07K	48.93K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	260.61K	SH	$11.80M 2.50%	216.52K	44.09K
ISHARES TRSOLE	IBOXX INV CP ETF	94.86K	SH	$10.31M 2.19%	90.36K	4.50K
ISHARES TRSOLE	US TREAS BD ETF	108.81K	SH	$2.50M 0.53%	40.30K	68.51K
ISHARES TRSOLE	3 7 YR TREAS BD	16.33K	SH	$1.93M 0.41%	132.00	16.20K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	35.69K	SH	$1.77M 0.38%	0.00	35.69K
ISHARES TRSOLE	MSCI EAFE ETF	20.08K	SH	$1.64M 0.35%	0.00	20.08K
ISHARES TRSOLE	BROAD USD HIGH	42.63K	SH	$1.57M 0.33%	41.98K	655.00
SCHWAB STRATEGIC TRSOLE	US AGGREGATE B	51.85K	SH	$1.20M 0.25%	0.00	51.85K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	44.09K	SH	$973.4K 0.21%	0.00	44.09K
SCHWAB STRATEGIC TRSOLE	SHT TM US TRES	39.81K	SH	$969.0K 0.21%	0.00	39.81K

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