Twele Capital Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 8, 2024), Twele Capital Management, Inc. reported 40 stock positions worth $476.4 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 12.0% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 10.9%) and Vanguard Total Bond Market (BND, 9.3%). Compared with Q2 2024, it opened 1 new position, added to 21 and reduced 15. The biggest buy was iShares Core S&P Small-Cap E (IJR, shares +2%) and the biggest sale Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0001411268
- Portfolio Value
- $476.4M (Q3 2024)
- SEC Filing
- 0001411268-24-000009 ↗ filed Oct 8, 2024
Holdings Value
Holdings 40 stocks · $476.4M
| IVV iShares Core S&P 500 ETF | 11.96% | 98,768 | $57.0M | Add +0.7% |
| VOO Vanguard S&P 500 ETF | 10.88% | 98,274 | $51.9M | Add +2.1% |
| BND Vanguard Total Bond Market | 9.33% | 591,703 | $44.4M | Add +4.5% |
| IEF iShares 7-10 Year Treasury B | 8.48% | 411,896 | $40.4M | Add +2.3% |
| AGG iShares Core U.S. Aggregate | 8.24% | 387,468 | $39.2M | Add +4.3% |
| VYM Vanguard High DVD Yield ETF | 7.90% | 293,401 | $37.6M | Add +0.2% |
| IJH iShares Core S&P Midcap ETF | 4.94% | 377,432 | $23.5M | Add +2.2% |
| IEFA iShares Core MSCI Eafe ETF | 4.79% | 292,414 | $22.8M | Add +1.9% |
| VEA Vanguard Ftse Developed ETF | 4.53% | 408,815 | $21.6M | Add +0.6% |
| IJR iShares Core S&P Small-Cap E | 4.13% | 168,186 | $19.7M | Add +2.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 4.10% | 243,535 | $19.6M | Reduce -0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 3.47% | 62,619 | $16.5M | Reduce -0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.23% | 64,836 | $15.4M | Reduce -0.0% |
| IEMG iShares Core MSCI Emerging | 2.69% | 223,238 | $12.8M | Add +1.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.64% | 158,287 | $12.6M | Add +2.0% |
| VWO Vanguard Ftse Emerging Marke | 2.46% | 244,847 | $11.7M | Add +0.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.09% | 88,029 | $9.9M | Add +1.1% |
| GOVT iShares US Treasury Bond ETF | 0.47% | 95,735 | $2.2M | Add +23.1% |
| IEI iShares 3-7 Year Treasury Bo | 0.39% | 15,723 | $1.9M | Reduce -0.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.37% | 34,694 | $1.8M | Add +2.6% |
| EFA iShares MSCI Eafe ETF | 0.37% | 21,131 | $1.8M | No change |
| SCHZ Schwab US Aggregate Bond ETF | 0.26% | 26,181 | $1.2M | Add +1.8% |
| SCHX Schwab US Large-Cap ETF | 0.23% | 15,991 | $1.1M | Reduce -1.0% |
| SCHO Schwab Short-Term US Treas | 0.20% | 19,012 | $931K | Reduce -1.1% |
| MUB iShares National Muni Bond E | 0.19% | 8,277 | $899K | Reduce -23.1% |
| USHY iShares Broad Usd High Yield | 0.17% | 21,947 | $826K | Add +54.9% |
| SCHA Schwab US Small-Cap ETF | 0.16% | 15,139 | $780K | Reduce -1.5% |
| SCHF Schwab Intl Equity ETF | 0.16% | 18,431 | $758K | Reduce -0.7% |
| AAPL Apple Inc. | 0.15% | 3,048 | $710K | Add +153.6% |
| SCHB Schwab US Broad Market ETF | 0.14% | 9,846 | $655K | Reduce -0.6% |
| IWF iShares Russell 1000 Growth | 0.12% | 1,556 | $584K | No change |
| VCIT Vanguard Int-Term Corporate | 0.11% | 6,254 | $524K | Add +14.8% |
| SCHM Schwab US Mid Cap ETF | 0.11% | 6,287 | $522K | Reduce -0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.10% | 1,210 | $465K | Reduce -23.7% |
| SCHR Schwab Intermediate-Term US | 0.10% | 9,134 | $462K | Reduce -13.5% |
| DVY iShares Select Dividend ETF | 0.09% | 3,193 | $431K | Reduce -1.2% |
| SHY iShares 1-3 Year Treasury Bo | 0.09% | 5,085 | $423K | Add +1.2% |
| NVDA Nvidia Corp. | 0.07% | 2,667 | $324K | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.05% | 8,879 | $259K | Reduce -0.9% |
| EEM iShares MSCI Emerging Market | 0.04% | 4,500 | $206K | New |
Portfolio Sells Q2 2024 → Q3 2024
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -0.1% | 4.10% | −0.16 |
| MUB iShares National Muni Bond E | Reduce -23.1% | 0.19% | −0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -23.7% | 0.10% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -0.8% | 0.39% | −0.02 |
| SCHR Schwab Intermediate-Term US | Reduce -13.5% | 0.10% | −0.02 |
| SCHO Schwab Short-Term US Treas | Reduce -1.1% | 0.20% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.0% | 0.23% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -0.6% | 0.14% | −0.00 |
| SCHF Schwab Intl Equity ETF | Reduce -0.7% | 0.16% | −0.00 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.9% | 0.11% | −0.00 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.5% | 0.16% | −0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -0.9% | 0.05% | +0.00 |
| DVY iShares Select Dividend ETF | Reduce -1.2% | 0.09% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.0% | 3.23% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.1% | 3.47% | +0.03 |
Portfolio Buys Q2 2024 → Q3 2024
| IJR iShares Core S&P Small-Cap E | Add +2.2% | 4.13% | +0.15 |
| AAPL Apple Inc. | Add +153.6% | 0.15% | +0.09 |
| BND Vanguard Total Bond Market | Add +4.5% | 9.33% | +0.08 |
| GOVT iShares US Treasury Bond ETF | Add +23.1% | 0.47% | +0.07 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.9% | 4.79% | +0.07 |
| AGG iShares Core U.S. Aggregate | Add +4.3% | 8.24% | +0.06 |
| USHY iShares Broad Usd High Yield | Add +54.9% | 0.17% | +0.06 |
| EEM iShares MSCI Emerging Market | New | 0.04% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +2.2% | 4.94% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +0.2% | 2.46% | +0.04 |
| IEMG iShares Core MSCI Emerging | Add +1.5% | 2.69% | +0.02 |
| VYM Vanguard High DVD Yield ETF | Add +0.2% | 7.90% | +0.02 |
| VCIT Vanguard Int-Term Corporate | Add +14.8% | 0.11% | +0.01 |
| SHY iShares 1-3 Year Treasury Bo | Add +1.2% | 0.09% | −0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Add +1.8% | 0.26% | −0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +2.6% | 0.37% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Add +0.6% | 4.53% | −0.02 |
| VOO Vanguard S&P 500 ETF | Add +2.1% | 10.88% | −0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +1.1% | 2.09% | −0.03 |
| IEF iShares 7-10 Year Treasury B | Add +2.3% | 8.48% | −0.07 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +2.0% | 2.64% | −0.08 |
| IVV iShares Core S&P 500 ETF | Add +0.7% | 11.96% | −0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 40 | $612.3M | IVV, VOO, BND, IEF, AGG |
| Q1 2026 | 39 | $560.9M | IVV, VOO, BND, IEF, AGG |
| Q4 2025 | 39 | $559.6M | IVV, VOO, BND, IEF, AGG |
| Q3 2025 | 39 | $541.9M | IVV, VOO, BND, IEF, AGG |
| Q2 2025 | 39 | $504.0M | IVV, VOO, BND, IEF, AGG |
| Q1 2025 | 39 | $471.6M | IVV, VOO, BND, IEF, AGG |
| Q4 2024 | 40 | $471.7M | IVV, VOO, BND, IEF, AGG |
| Q3 2024 | 40 | $476.4M | IVV, VOO, BND, IEF, AGG |
| Q2 2024 | 39 | $441.1M | IVV, VOO, BND, IEF, AGG |
| Q1 2024 | 37 | $442.0M | IVV, VOO, BND, IEF, AGG |