13F-HR 1 twelecapital1q2013.txt TWELE CAPITAL MANAGEMENT INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2013 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Twele Capital Management, Inc. Address: 5601 Smetana Drive Suite #707 Minnetonka, MN 55343 13F File Number: 028-13313 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Maressia Twele Title: Chief Financial Officer Phone: 952-807-5095 Signature, Place, and Date of Signing: /s/ Maressia Twele Minnetonka, MN April 05, 2013 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 54 Form 13F Information Table Value Total: $282,036 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- BARCLAYS BK PLC IPMS INDIA ETN 06739F291 340 5941 SH SOLE 0 0 5941 CLAYMORE EXCHANGE-TRD FD TR GUGG CHINA ALLCP 18385P101 889 36976 SH SOLE 36751 0 225 DELAWARE INV MN MUN INC FD I COM 24610V103 202 12945 SH SOLE 0 0 12945 ISHARES S&P GSCI COMMODITY I UNIT BEN INT 46428R107 1722 52337 SH SOLE 52000 0 337 ISHARES TR DJ SEL DIV INX 464287168 12216 192678 SH SOLE 155450 0 37228 ISHARES TR FTSE CHINA25 IDX 464287184 2129 57648 SH SOLE 46900 0 10748 ISHARES TR CORE S&P500 ETF 464287200 5033 31983 SH SOLE 24250 0 7733 ISHARES TR CORE TOTUSBD ETF 464287226 21985 198550 SH SOLE 192342 0 6208 ISHARES TR MSCI EMERG MKT 464287234 2361 55212 SH SOLE 44950 0 10262 ISHARES TR IBOXX INV CPBD 464287242 1131 9434 SH SOLE 0 0 9434 ISHARES TR BARCLYS 1-3 YR 464287457 1444 17097 SH SOLE 16922 0 175 ISHARES TR MSCI EAFE INDEX 464287465 4414 74845 SH SOLE 57100 0 17745 ISHARES TR CORE S&P MCP ETF 464287507 8429 73254 SH SOLE 57700 0 15554 ISHARES TR COHEN&ST RLTY 464287564 6162 74731 SH SOLE 67600 0 7131 ISHARES TR RUSSELL1000VAL 464287598 4383 53995 SH SOLE 47570 0 6425 ISHARES TR RUSSELL1000GRW 464287614 4447 62308 SH SOLE 55500 0 6808 ISHARES TR RUSL 2000 VALU 464287630 240 2858 SH SOLE 0 0 2858 ISHARES TR CORE S&P SCP ETF 464287804 7697 88408 SH SOLE 75600 0 12808 ISHARES TR S&P CITINT TBD 464288117 758 7600 SH SOLE 7600 0 0 ISHARES TR S&PCITI1-3YRTB 464288125 532 5700 SH SOLE 5700 0 0 ISHARES TR S&P NTL AMTFREE 464288414 971 8810 SH SOLE 0 0 8810 ISHARES TR S&P DEV EX-US 464288422 1228 32293 SH SOLE 22000 0 10293 ISHARES TR HIGH YLD CORP 464288513 20106 213095 SH SOLE 192370 0 20725 ISHARES TR BARCLYS 3-7 YR 464288661 1531 12400 SH SOLE 12400 0 0 ISHARES TR US PFD STK IDX 464288687 4806 118597 SH SOLE 93611 0 24986 ISHARES TR RSSL MCRCP IDX 464288869 3964 67572 SH SOLE 56300 0 11272 KAYNE ANDERSON MLP INVSMNT C COM 486606106 3732 107481 SH SOLE 62687 0 44794 PIMCO ETF TR 1-5 US TIP IDX 72201R205 14272 262984 SH SOLE 242769 0 20215 POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 981 14000 SH SOLE 14000 0 0 POWERSHARES GLOBAL ETF TRUST FDM HG YLD RAFI 73936T557 7025 362864 SH SOLE 345766 0 17098 POWERSHARES INDIA ETF TR INDIA PORT 73935L100 886 49100 SH SOLE 49100 0 0 REVENUESHARES ETF TR LARGECAP FD 761396100 610 20000 SH SOLE 20000 0 0 RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 3871 64900 SH SOLE 61800 0 3100 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 2364 92524 SH SOLE 90600 0 1924 SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 3322 61320 SH SOLE 56205 0 5115 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 4196 83030 SH SOLE 77600 0 5430 SPDR INDEX SHS FDS S&P EM MKT DIV 78463X533 835 18500 SH SOLE 18500 0 0 SPDR INDEX SHS FDS S&P INTL ETF 78463X772 581 11960 SH SOLE 10800 0 1160 SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 2863 48942 SH SOLE 46000 0 2942 SPDR SERIES TRUST BRCLYS AGG ETF 78464A649 2286 39200 SH SOLE 39200 0 0 VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 35176 420567 SH SOLE 409607 0 10960 VANGUARD INDEX FDS S&P 500 ETF SH 922908413 7877 109947 SH SOLE 108700 0 1247 VANGUARD INDEX FDS MID CAP ETF 922908629 7352 79145 SH SOLE 70800 0 8345 VANGUARD INDEX FDS GROWTH ETF 922908736 2295 29610 SH SOLE 25100 0 4510 VANGUARD INDEX FDS VALUE ETF 922908744 1401 21382 SH SOLE 16300 0 5082 VANGUARD INDEX FDS SMALL CP ETF 922908751 7361 80761 SH SOLE 75850 0 4911 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 16317 380401 SH SOLE 338110 0 42291 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 13652 169934 SH SOLE 157414 0 12520 VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 463 5195 SH SOLE 3830 0 1365 VANGUARD TAX MANAGED INTL FD MSCI EAFE ETF 921943858 13802 378852 SH SOLE 357650 0 21202 VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 1670 30460 SH SOLE 25000 0 5460 VANGUARD WORLD FD MEGA GRWTH IND 921910816 1249 20800 SH SOLE 20800 0 0 WISDOMTREE TRUST DIV EX-FINL FD 97717W406 5226 84322 SH SOLE 79950 0 4372 WISDOMTREE TRUST INDIA ERNGS FD 97717W422 1251 69630 SH SOLE 68800 0 830