TWELE CAPITAL MANAGEMENT, INC.

Filed: 10/16/2025ACC: 0001411268-25-000009

📋 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 $541.89M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$541.89M

Total AUM (reported)

5.16M

Total Shares

Allocation by class

CORE S&P500 ETF$63.24M11.7%

S&P 500 ETF SHS$58.75M10.8%

TOTAL BND MRKT$51.81M9.6%

7-10 YR TRSY BD$45.71M8.4%

CORE US AGGBD ET$44.88M8.3%

HIGH DIV YLD$41.80M7.7%

CORE MSCI EAFE$25.89M4.8%

Portfolio Concentration

Top 3$173.80M32.1%

4–10$228.90M42.2%

11–25$130.41M24.1%

Rest$8.77M1.6%

Top 3 weight

32.1%

Top 10 weight

74.3%

Voting Authority Distribution

Total shares with voting rights: 5.16M

Sole

Full voting authority

3.99M

% of voting shares77.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.17M

% 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

Shares94.49K

TypeSH

Market value$63.24M

11.67%

Sole

69.67K

Shared

0.00

None

24.81K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares95.94K

TypeSH

Market value$58.75M

10.84%

Sole

78.05K

Shared

0.00

None

17.89K

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares696.67K

TypeSH

Market value$51.81M

9.56%

Sole

552.60K

Shared

0.00

None

144.07K

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares473.89K

TypeSH

Market value$45.71M

8.44%

Sole

457.81K

Shared

0.00

None

16.08K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares447.64K

TypeSH

Market value$44.88M

8.28%

Sole

392.36K

Shared

0.00

None

55.28K

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares296.57K

TypeSH

Market value$41.80M

7.71%

Sole

280.90K

Shared

0.00

None

15.67K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares296.57K

TypeSH

Market value$25.89M

4.78%

Sole

240.01K

Shared

0.00

None

56.55K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares427.06K

TypeSH

Market value$25.59M

4.72%

Sole

350.37K

Shared

0.00

None

76.69K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares375.65K

TypeSH

Market value$24.51M

4.52%

Sole

304.35K

Shared

0.00

None

71.30K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares172.64K

TypeSH

Market value$20.51M

3.79%

Sole

135.86K

Shared

0.00

None

36.77K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares69.14K

TypeSH

Market value$20.31M

3.75%

Sole

55.62K

Shared

0.00

None

13.51K

ISHARES TR

SOLE

IBOXX HI YD ETF

Shares244.37K

TypeSH

Market value$19.84M

3.66%

Sole

233.30K

Shared

0.00

None

11.07K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares77.73K

TypeSH

Market value$19.77M

3.65%

Sole

62.21K

Shared

0.00

None

15.52K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares235.24K

TypeSH

Market value$15.51M

2.86%

Sole

179.35K

Shared

0.00

None

55.89K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares263.88K

TypeSH

Market value$14.30M

2.64%

Sole

216.78K

Shared

0.00

None

47.10K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares175.16K

TypeSH

Market value$14.00M

2.58%

Sole

141.10K

Shared

0.00

None

34.05K

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares101.76K

TypeSH

Market value$11.34M

2.09%

Sole

97.28K

Shared

0.00

None

4.49K

ISHARES TR

SOLE

BROAD USD HIGH

Shares92.77K

TypeSH

Market value$3.50M

0.65%

Sole

91.75K

Shared

0.00

None

1.02K

ISHARES TR

SOLE

US TREAS BD ETF

Shares144.99K

TypeSH

Market value$3.35M

0.62%

Sole

49.80K

Shared

0.00

None

95.19K

ISHARES TR

SOLE

3 7 YR TREAS BD

Shares16.21K

TypeSH

Market value$1.94M

0.36%

Sole

0.00

Shared

0.00

None

16.21K

ISHARES TR

SOLE

MSCI EAFE ETF

Shares20.01K

TypeSH

Market value$1.87M

0.34%

Sole

0.00

Shared

0.00

None

20.01K

SCHWAB STRATEGIC TR

SOLE

US AGGREGATE B

Shares53.85K

TypeSH

Market value$1.26M

0.23%

Sole

0.00

Shared

0.00

None

53.85K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares11.08K

TypeSH

Market value$1.18M

0.22%

Sole

0.00

Shared

0.00

None

11.08K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares23.48K

TypeSH

Market value$1.18M

0.22%

Sole

0.00

Shared

0.00

None

23.48K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares40.41K

TypeSH

Market value$1.06M

0.20%

Sole

0.00

Shared

0.00

None

40.41K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	CORE S&P500 ETF	94.49K	SH	$63.24M 11.67%	69.67K	24.81K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	95.94K	SH	$58.75M 10.84%	78.05K	17.89K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	696.67K	SH	$51.81M 9.56%	552.60K	144.07K
ISHARES TRSOLE	7-10 YR TRSY BD	473.89K	SH	$45.71M 8.44%	457.81K	16.08K
ISHARES TRSOLE	CORE US AGGBD ET	447.64K	SH	$44.88M 8.28%	392.36K	55.28K
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	296.57K	SH	$41.80M 7.71%	280.90K	15.67K
ISHARES TRSOLE	CORE MSCI EAFE	296.57K	SH	$25.89M 4.78%	240.01K	56.55K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	427.06K	SH	$25.59M 4.72%	350.37K	76.69K
ISHARES TRSOLE	CORE S&P MCP ETF	375.65K	SH	$24.51M 4.52%	304.35K	71.30K
ISHARES TRSOLE	CORE S&P SCP ETF	172.64K	SH	$20.51M 3.79%	135.86K	36.77K
VANGUARD INDEX FDSSOLE	MID CAP ETF	69.14K	SH	$20.31M 3.75%	55.62K	13.51K
ISHARES TRSOLE	IBOXX HI YD ETF	244.37K	SH	$19.84M 3.66%	233.30K	11.07K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	77.73K	SH	$19.77M 3.65%	62.21K	15.52K
ISHARES INCSOLE	CORE MSCI EMKT	235.24K	SH	$15.51M 2.86%	179.35K	55.89K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	263.88K	SH	$14.30M 2.64%	216.78K	47.10K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	175.16K	SH	$14.00M 2.58%	141.10K	34.05K
ISHARES TRSOLE	IBOXX INV CP ETF	101.76K	SH	$11.34M 2.09%	97.28K	4.49K
ISHARES TRSOLE	BROAD USD HIGH	92.77K	SH	$3.50M 0.65%	91.75K	1.02K
ISHARES TRSOLE	US TREAS BD ETF	144.99K	SH	$3.35M 0.62%	49.80K	95.19K
ISHARES TRSOLE	3 7 YR TREAS BD	16.21K	SH	$1.94M 0.36%	0.00	16.21K
ISHARES TRSOLE	MSCI EAFE ETF	20.01K	SH	$1.87M 0.34%	0.00	20.01K
SCHWAB STRATEGIC TRSOLE	US AGGREGATE B	53.85K	SH	$1.26M 0.23%	0.00	53.85K
ISHARES TRSOLE	NATIONAL MUN ETF	11.08K	SH	$1.18M 0.22%	0.00	11.08K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	23.48K	SH	$1.18M 0.22%	0.00	23.48K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	40.41K	SH	$1.06M 0.20%	0.00	40.41K

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