Twele Capital Management, Inc. Long-Term Concentrated

Location: Minnetonka, MN

CIK: 0001411268 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 9, 2026

Total Value: $560M (100.0% shares, 0.0% debt)

Holdings (39)

IVV ISHARES TR 11.7%

Value $65.54M Shares 95,681 Est. Cost $285.13 Unrealized —

VOO VANGUARD INDEX FDS 10.8%

Value $60.38M Shares 96,280 Est. Cost $230.37 Unrealized —

BND VANGUARD BD INDEX FDS 9.8%

Value $54.61M Shares 737,256 Est. Cost $80.34 Unrealized —

IEF ISHARES TR 8.5%

Value $47.32M Shares 492,138 Est. Cost $103.89 Unrealized —

AGG ISHARES TR 8.4%

Value $46.9M Shares 469,573 Est. Cost $107.93 Unrealized —

VYM VANGUARD WHITEHALL FDS 7.7%

Value $42.88M Shares 298,771 Est. Cost $85.47 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 4.8%

Value $26.79M Shares 428,789 Est. Cost $40.31 Unrealized —

IEFA ISHARES TR 4.8%

Value $26.71M Shares 298,541 Est. Cost $55.70 Unrealized —

IJH ISHARES TR 4.5%

Value $25.42M Shares 385,100 Est. Cost $77.18 Unrealized —

IJR ISHARES TR 3.8%

Value $21.03M Shares 174,979 Est. Cost $74.17 Unrealized —

VO VANGUARD INDEX FDS 3.6%

Value $20.24M Shares 69,737 Est. Cost $162.90 Unrealized —

VB VANGUARD INDEX FDS 3.6%

Value $20.16M Shares 78,139 Est. Cost $173.41 Unrealized —

HYG ISHARES TR 3.5%

Value $19.81M Shares 245,743 Est. Cost $88.38 Unrealized —

IEMG ISHARES INC 2.8%

Value $15.83M Shares 235,511 Est. Cost $58.95 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 2.6%

Value $14.53M Shares 182,265 Est. Cost $79.90 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 2.5%

Value $14.23M Shares 264,725 Est. Cost $41.89 Unrealized —

LQD ISHARES TR 2.0%

Value $11.4M Shares 103,421 Est. Cost $119.05 Unrealized —

USHY ISHARES TR 0.7%

Value $3.986M Shares 106,605 Est. Cost $37.33 Unrealized —

GOVT ISHARES TR 0.6%

Value $3.527M Shares 153,186 Est. Cost $22.68 Unrealized —

IEI ISHARES TR 0.4%

Value $1.998M Shares 16,739 Est. Cost $129.14 Unrealized —

EFA ISHARES TR 0.3%

Value $1.917M Shares 19,959 Est. Cost $67.25 Unrealized —

VTEB VANGUARD MUN BD FDS 0.3%

Value $1.779M Shares 35,369 Est. Cost $50.71 Unrealized —

SCHZ SCHWAB STRATEGIC TR 0.2%

Value $1.284M Shares 54,925 Est. Cost $36.93 Unrealized —

MUB ISHARES TR 0.2%

Value $1.201M Shares 11,213 Est. Cost $108.15 Unrealized —

SCHX SCHWAB STRATEGIC TR 0.2%

Value $1.078M Shares 40,075 Est. Cost $35.38 Unrealized —

SCHO SCHWAB STRATEGIC TR 0.2%

Value $1.066M Shares 43,735 Est. Cost $35.70 Unrealized —

VCIT VANGUARD SCOTTSDALE FDS 0.2%

Value $983K Shares 11,740 Est. Cost $80.18 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.2%

Value $907K Shares 37,730 Est. Cost $24.51 Unrealized —

SCHA SCHWAB STRATEGIC TR 0.2%

Value $891K Shares 31,291 Est. Cost $38.27 Unrealized —

IWF ISHARES TR 0.1%

Value $733K Shares 1,549 Est. Cost $214.24 Unrealized —

SCHB SCHWAB STRATEGIC TR 0.1%

Value $733K Shares 27,944 Est. Cost $33.63 Unrealized —

AAPL APPLE INC 0.1%

Value $695K Shares 2,556 Est. Cost $207.43 Unrealized +29.4%

SCHM SCHWAB STRATEGIC TR 0.1%

Value $560K Shares 18,613 Est. Cost $40.61 Unrealized —

VUG VANGUARD INDEX FDS 0.1%

Value $552K Shares 1,131 Est. Cost $213.11 Unrealized —

SCHR SCHWAB STRATEGIC TR 0.1%

Value $523K Shares 20,866 Est. Cost $37.42 Unrealized —

SHY ISHARES TR 0.1%

Value $437K Shares 5,281 Est. Cost $84.59 Unrealized —

DVY ISHARES TR 0.1%

Value $339K Shares 2,401 Est. Cost $64.35 Unrealized —

SCHE SCHWAB STRATEGIC TR 0.1%

Value $330K Shares 10,076 Est. Cost $23.92 Unrealized —

NVDA NVIDIA CORPORATION 0.0%

Value $279K Shares 1,494 Est. Cost $105.07 Unrealized +77.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	95,681	$65.54M	11.7%	$285.13	—	CORE S&P500 ETF	464287200
VOO	VANGUARD INDEX FDS	96,280	$60.38M	10.8%	$230.37	—	S&P 500 ETF SHS	922908363
BND	VANGUARD BD INDEX FDS	737,256	$54.61M	9.8%	$80.34	—	TOTAL BND MRKT	921937835
IEF	ISHARES TR	492,138	$47.32M	8.5%	$103.89	—	7-10 YR TRSY BD	464287440
AGG	ISHARES TR	469,573	$46.9M	8.4%	$107.93	—	CORE US AGGBD ET	464287226
VYM	VANGUARD WHITEHALL FDS	298,771	$42.88M	7.7%	$85.47	—	HIGH DIV YLD	921946406
VEA	VANGUARD TAX-MANAGED FDS	428,789	$26.79M	4.8%	$40.31	—	VAN FTSE DEV MKT	921943858
IEFA	ISHARES TR	298,541	$26.71M	4.8%	$55.70	—	CORE MSCI EAFE	46432F842
IJH	ISHARES TR	385,100	$25.42M	4.5%	$77.18	—	CORE S&P MCP ETF	464287507
IJR	ISHARES TR	174,979	$21.03M	3.8%	$74.17	—	CORE S&P SCP ETF	464287804
VO	VANGUARD INDEX FDS	69,737	$20.24M	3.6%	$162.90	—	MID CAP ETF	922908629
VB	VANGUARD INDEX FDS	78,139	$20.16M	3.6%	$173.41	—	SMALL CP ETF	922908751
HYG	ISHARES TR	245,743	$19.81M	3.5%	$88.38	—	IBOXX HI YD ETF	464288513
IEMG	ISHARES INC	235,511	$15.83M	2.8%	$58.95	—	CORE MSCI EMKT	46434G103
VCSH	VANGUARD SCOTTSDALE FDS	182,265	$14.53M	2.6%	$79.90	—	SHRT TRM CORP BD	92206C409
VWO	VANGUARD INTL EQUITY INDEX F	264,725	$14.23M	2.5%	$41.89	—	FTSE EMR MKT ETF	922042858
LQD	ISHARES TR	103,421	$11.4M	2.0%	$119.05	—	IBOXX INV CP ETF	464287242
USHY	ISHARES TR	106,605	$3.986M	0.7%	$37.33	—	BROAD USD HIGH	46435U853
GOVT	ISHARES TR	153,186	$3.527M	0.6%	$22.68	—	US TREAS BD ETF	46429B267
IEI	ISHARES TR	16,739	$1.998M	0.4%	$129.14	—	3 7 YR TREAS BD	464288661
EFA	ISHARES TR	19,959	$1.917M	0.3%	$67.25	—	MSCI EAFE ETF	464287465
VTEB	VANGUARD MUN BD FDS	35,369	$1.779M	0.3%	$50.71	—	TAX EXEMPT BD	922907746
SCHZ	SCHWAB STRATEGIC TR	54,925	$1.284M	0.2%	$36.93	—	US AGGREGATE B	808524839
MUB	ISHARES TR	11,213	$1.201M	0.2%	$108.15	—	NATIONAL MUN ETF	464288414
SCHX	SCHWAB STRATEGIC TR	40,075	$1.078M	0.2%	$35.38	—	US LRG CAP ETF	808524201
SCHO	SCHWAB STRATEGIC TR	43,735	$1.066M	0.2%	$35.70	—	SHT TM US TRES	808524862
VCIT	VANGUARD SCOTTSDALE FDS	11,740	$983K	0.2%	$80.18	—	INT-TERM CORP	92206C870
SCHF	SCHWAB STRATEGIC TR	37,730	$907K	0.2%	$24.51	—	INTL EQTY ETF	808524805
SCHA	SCHWAB STRATEGIC TR	31,291	$891K	0.2%	$38.27	—	US SML CAP ETF	808524607
IWF	ISHARES TR	1,549	$733K	0.1%	$214.24	—	RUS 1000 GRW ETF	464287614
SCHB	SCHWAB STRATEGIC TR	27,944	$733K	0.1%	$33.63	—	US BRD MKT ETF	808524102
AAPL	APPLE INC	2,556	$695K	0.1%	$207.43	+29.4%	COM	037833100
SCHM	SCHWAB STRATEGIC TR	18,613	$560K	0.1%	$40.61	—	US MID-CAP ETF	808524508
VUG	VANGUARD INDEX FDS	1,131	$552K	0.1%	$213.11	—	GROWTH ETF	922908736
SCHR	SCHWAB STRATEGIC TR	20,866	$523K	0.1%	$37.42	—	INT-TRM U.S TRES	808524854
SHY	ISHARES TR	5,281	$437K	0.1%	$84.59	—	1 3 YR TREAS BD	464287457
DVY	ISHARES TR	2,401	$339K	0.1%	$64.35	—	SELECT DIVID ETF	464287168
SCHE	SCHWAB STRATEGIC TR	10,076	$330K	0.1%	$23.92	—	EMRG MKTEQ ETF	808524706
NVDA	NVIDIA CORPORATION	1,494	$279K	0.0%	$105.07	+77.2%	COM	67066G104