Q3 2026 13F · SEC CIK 1411268

Twele Capital Management, Inc.

Institutional asset managerFiled 2026-10-13 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $604.8M
Reported positions: 39
Top holdings a year, 3 yrs: +11.5%
Assets under management: $578.5M

Twele Capital Management, Inc. is an institutional asset manager that reported 39 positions worth $604.8M in its Q3 2026 13F, filed 2026-10-13. Its largest holdings were Ishares Tr (IVV, 11.6%), Vanguard Index Fds (VOO, 11.1%), Vanguard Bd Index Fds (BND, 9.8%). A portfolio copying its top holdings returned 11.5% a year over the last 3 years, against 20.4% for the S&P 500.

Twele Capital Management, Inc. holdings all 39 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Twele Capital Management, Inc. 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
IVVIshares Tr	11.6%	11.4%	91,682	-1.5%	$70.2M
VOOVanguard Index Fds	11.1%	10.7%	95,872	+0.1%	$67.2M
BNDVanguard Bd Index Fds	9.8%	9.7%	845,628	+4.8%	$59.3M
AGGIshares Tr	8.4%	8.3%	539,155	+4.6%	$51.0M
IEFIshares Tr	8.3%	8.4%	562,022	+3.7%	$50.2M
VYMVanguard Whitehall Fds	7.6%	7.6%	295,014	+0.7%	$45.8M
IEFAIshares Tr	4.9%	4.8%	305,503	+0.1%	$29.6M
VEAVanguard Ftse Developed Markets Index Fu	4.7%	4.7%	403,733	-0.2%	$28.5M
IJHIshares Tr	4.5%	4.8%	377,307	-0.4%	$27.1M
IJRIshares Tr	3.7%	4.0%	166,290	+0.2%	$22.6M
VOVanguard Index Fds	3.7%	3.7%	285,791	+1.7%	$22.4M
VBVanguard Index Fds	3.6%	3.8%	76,903	+0.6%	$21.9M
HYGIshares Tr	3.1%	3.2%	242,175	-0.0%	$18.7M
IEMGIshares Inc	2.8%	2.8%	206,181	+0.3%	$16.7M
VCSHVanguard Scottsdale Fds	2.6%	2.6%	206,638	+3.1%	$16.0M
VWOVanguard Intl Equity Index F	2.5%	2.5%	254,540	+0.4%	$15.1M
LQDIshares Tr	2.0%	2.1%	119,670	+1.7%	$12.2M
USHYiShares Broad USD High Yield Corporate B	1.2%	1.1%	197,247	+6.4%	$7.0M
GOVTIshares Tr	0.7%	0.7%	182,200	-2.7%	$4.0M
EFAIshares Tr	0.3%	0.3%	18,872	-0.0%	$2.0M
VTEBVanguard Mun Bd Fds	0.3%	0.2%	40,307	+57.3%	$1.9M
IEIIshares Tr	0.3%	0.3%	15,476	-6.2%	$1.8M
SCHZSchwab Strategic Tr	0.2%	0.2%	60,806	+1.4%	$1.3M
MUBIshares Tr	0.2%	0.3%	12,290	-26.1%	$1.2M
VCITVanguard Scottsdale Fds	0.2%	0.2%	15,681	+2.2%	$1.2M
SCHXSchwab Strategic Tr	0.2%	0.2%	37,972	-1.0%	$1.1M
SCHOSchwab Strategic Tr	0.2%	0.2%	45,693	+1.6%	$1.1M
SCHASchwab Strategic Tr	0.2%	0.2%	29,787	-1.1%	$972K
SCHFSchwab Strategic Tr	0.2%	0.2%	34,269	-1.7%	$941K
AAPLApple Inc	0.1%	0.1%	2,559	+0.0%	$852K
SCHBSchwab Strategic Tr	0.1%	0.1%	26,916	-1.3%	$789K
IWFIshares Tr	0.1%	0.1%	6,196	+0.0%	$776K
SCHMSchwab Strategic Tr	0.1%	0.1%	18,103	-0.4%	$616K
VUGVanguard Index Fds	0.1%	0.1%	6,573	-0.2%	$592K
SCHRSchwab Strategic Tr	0.1%	0.1%	23,609	+2.3%	$560K
SHYIshares Tr	0.1%	0.1%	5,356	+0.0%	$435K
DVYIshares Tr	0.1%	0.1%	2,207	-1.6%	$336K
SCHESchwab Strategic Tr	0.1%	0.1%	9,064	-7.9%	$330K
NVDANvidia Corporation	0.1%	0.0%	1,336	-10.7%	$305K

What Twele Capital Management, Inc. bought and sold in Q3 2026, against Q2 2026.

New positions

No new positions among the largest holdings.

Share counts compared with the Q2 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +12.7% /yr; S&P 500 +20.1%
3 years: +11.5% /yr; S&P 500 +20.4%
5 years: +4.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$604.8M	39
Q2 2026	$612.3M	40
Q1 2026	$560.9M	39
Q4 2025	$559.6M	39
Q3 2025	$541.9M	39
Q2 2025	$504.0M	39
Q1 2025	$471.6M	39
Q4 2024	$471.7M	40
Q3 2024	$476.4M	40
Q2 2024	$441.1M	39
Q1 2024	$442.0M	37
Q4 2023	$622.6M	42

Questions about Twele Capital Management, Inc.'s portfolio

What stocks does Twele Capital Management, Inc. own?

Twele Capital Management, Inc.'s latest 13F, for Q3 2026 and filed Oct 13, 2026, lists 39 positions worth $604.8M. The largest are Ishares Tr (IVV) at 11.6%, Vanguard Index Fds (VOO) at 11.1%, Vanguard Bd Index Fds (BND) at 9.8%, Ishares Tr (AGG) at 8.4% and Ishares Tr (IEF) at 8.3%.

What did Twele Capital Management, Inc. buy last quarter?

In Q3 2026, Twele Capital Management, Inc. added Vanguard Mun Bd Fds (VTEB) (+57.3% shares) and iShares Broad USD High Yield Corporate B (USHY) (+6.4% shares), compared with its Q2 2026 filing.

What did Twele Capital Management, Inc. sell last quarter?

In Q3 2026, Twele Capital Management, Inc. sold all of Ishares Tr (TLT), Ishares Tr (MUB) (-26.1% shares), Nvidia Corporation (NVDA) (-10.7% shares) and Schwab Strategic Tr (SCHE) (-7.9% shares), compared with its Q2 2026 filing.

How has Twele Capital Management, Inc.'s portfolio performed?

A portfolio copying Twele Capital Management, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +12.7% against +20.1%. Over 5 years: +4.3% a year against +11.6%.

When is Twele Capital Management, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Twele Capital Management, Inc.'s filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Twele Capital Management, Inc. manage?

Twele Capital Management, Inc. reported $578.5M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $604.8M.