Betterment LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Betterment LLC reported 458 stock positions worth $42.2 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 17.0% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 16.2%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 10.1%). Compared with Q4 2024, it opened 28 new positions, sold out of 14, added to 265 and reduced 163. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +23%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001633901
- Portfolio Value
- $42.2B (Q1 2025)
- SEC Filing
- 0001633901-25-000006 ↗ filed May 15, 2025
Holdings Value
Holdings 458 stocks · $42.2B
| VTI VG Morningstar TS MKT ETF-US | 17.01% | 26,094,613 | $7.2B | Reduce -3.2% |
| VEA Vanguard Ftse Developed ETF | 16.16% | 133,982,969 | $6.8B | Reduce -2.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 10.12% | 64,900,904 | $4.3B | Add +22.7% |
| VWO Vanguard Ftse Emerging Marke | 5.99% | 55,807,069 | $2.5B | Reduce -6.7% |
| AGG iShares Core U.S. Aggregate | 5.13% | 21,876,462 | $2.2B | Add +10.0% |
| MUB iShares National Muni Bond E | 4.60% | 18,408,702 | $1.9B | Add +0.8% |
| ITOT iShares Core S&P Total U.S. | 3.34% | 11,538,827 | $1.4B | Reduce -2.2% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 2.17% | 17,884,123 | $915.3M | Reduce -0.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.14% | 5,225,476 | $902.6M | Reduce -4.1% |
| BNDX Vanguard Total Intl Bond ETF | 2.13% | 18,361,230 | $896.4M | Reduce -12.3% |
| IEFA iShares Core MSCI Eafe ETF | 1.92% | 10,672,579 | $807.4M | Reduce -6.1% |
| EMB iShares JP Morgan Usd Emergi | 1.71% | 7,977,068 | $722.6M | Reduce -11.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.63% | 4,291,924 | $689.0M | Reduce -4.8% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.56% | 16,131,496 | $657.5M | Reduce -0.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.48% | 3,353,053 | $624.6M | Reduce -5.5% |
| GSLC Goldman Activebeta US LC ETF | 1.39% | 5,305,878 | $584.1M | Reduce -0.8% |
| GBIL Goldman Sachs Access Treasur | 1.34% | 5,641,890 | $565.2M | Add +0.3% |
| SCHF Schwab Intl Equity ETF | 1.11% | 23,595,575 | $466.7M | Reduce -3.9% |
| JPST JPMorgan Ultra-Short Income | 1.10% | 9,185,647 | $465.1M | Add +47.8% |
| ESGU iShares ESG Aware MSCI USA | 0.99% | 3,414,311 | $416.2M | Add +4.2% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.98% | 9,181,983 | $413.8M | Add +29.5% |
| IEMG iShares Core MSCI Emerging | 0.96% | 7,467,240 | $403.0M | Reduce -6.7% |
| STIP iShares 0-5 Year Tips Bond E | 0.94% | 3,822,211 | $395.5M | Reduce -5.6% |
| SCHB Schwab US Broad Market ETF | 0.88% | 17,254,102 | $371.5M | Reduce -2.9% |
| SCHX Schwab US Large-Cap ETF | 0.69% | 13,225,086 | $292.0M | Add +119.6% |
| ESGD iShares Trust iShares ESG Aw | 0.64% | 3,295,488 | $269.2M | Reduce -3.2% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.59% | 1,297,812 | $248.1M | Reduce -0.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.53% | 6,191,508 | $225.4M | Reduce -0.2% |
| IWS iShares Russell Mid-Cap Valu | 0.51% | 1,710,860 | $215.5M | Reduce -4.7% |
| GSIE Goldman Sachs Activebeta Int | 0.40% | 4,781,850 | $170.5M | Reduce -6.2% |
| VOO Vanguard S&P 500 ETF | 0.33% | 273,369 | $140.5M | Add +14.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.31% | 2,574,832 | $131.5M | Reduce -5.2% |
| BND Vanguard Total Bond Market | 0.30% | 1,708,067 | $125.5M | Add +1.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.29% | 1,118,795 | $123.6M | Reduce -14.2% |
| IWN iShares Russell 2000 Value E | 0.28% | 794,473 | $120.0M | Reduce -4.2% |
| SCHV Schwab US Large-Cap Value | 0.28% | 4,464,267 | $118.7M | Reduce -4.0% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.25% | 1,656,401 | $106.3M | Reduce -10.6% |
| ESGE iShares Inc. iShares ESG Awar | 0.25% | 2,977,966 | $104.1M | Reduce -12.2% |
| VTIP Vanguard Short-Term Tips | 0.24% | 2,015,442 | $100.6M | Reduce -19.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 267,507 | $99.2M | Add +4.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.21% | 1,934,050 | $88.5M | Add +0.0% |
| IVV iShares Core S&P 500 ETF | 0.21% | 154,278 | $86.7M | Reduce -2.9% |
| VOTE TCW Transform 500 ETF | 0.20% | 1,320,747 | $86.4M | Add +3.6% |
| DFAC Dimensional US Core Equity 2 | 0.20% | 2,552,979 | $84.2M | Add +12.4% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.20% | 1,773,394 | $82.4M | Reduce -2.9% |
| GSEU Goldman Activebta Eur Eq ETF | 0.19% | 2,061,069 | $79.4M | Add +8.5% |
| IVE iShares S&P 500 Value ETF | 0.18% | 401,919 | $76.6M | Reduce -3.4% |
| IAGG iShares Intl Aggregate Bond | 0.17% | 1,471,136 | $73.5M | Add +1.5% |
| BGRN iShares Usd Green Bond ETF | 0.15% | 1,321,558 | $62.6M | Add +2.2% |
| ESML iShares ESG Aware MSCI USA S | 0.15% | 1,628,510 | $62.6M | Add +1.6% |
| EFAX State Street SPDR MSCI Eafe | 0.14% | 1,405,380 | $60.4M | Reduce -2.1% |
| GIGB Goldman Sachs Inv GRD Corp. | 0.14% | 1,293,228 | $59.2M | Add +3.5% |
| GEM Goldman Sachs Activebeta Em | 0.14% | 1,760,768 | $58.4M | Add +0.9% |
| EAGG iShares ESG Aware US Aggrega | 0.13% | 1,154,830 | $54.8M | Add +28.6% |
| ESGV Vanguard ESG US Stock ETF | 0.12% | 508,902 | $49.8M | Add +22.9% |
| DFAU Dimensional US Core Equity M | 0.12% | 1,294,724 | $49.8M | Add +4.3% |
| FALN iShares Fallen Angels ETF | 0.10% | 1,634,802 | $43.8M | Add +37.3% |
| USHY iShares Broad Usd High Yield | 0.10% | 1,183,261 | $43.6M | Add +271.2% |
| BSV Vanguard Short-Term Bond ETF | 0.10% | 537,140 | $42.0M | Add +2.9% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.10% | 409,944 | $42.0M | Reduce -3.6% |
| IBIT iShares Bitcoin Trust ETF | 0.10% | 870,342 | $40.7M | Add +13.3% |
| DFIC Dimensional International Co. | 0.10% | 1,445,557 | $40.1M | Add +10.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.09% | 83,943 | $39.4M | Add +17.5% |
| DFCF Dimensional Core Fixed Inc. | 0.09% | 918,774 | $38.6M | Add +8.6% |
| DFAI Dimensional International Co. | 0.09% | 1,222,034 | $38.2M | Reduce -0.4% |
| GSSC Goldman Sachs Activebeta US | 0.09% | 595,972 | $37.8M | Reduce -0.6% |
| JMSI JPM Sus Municipal Income filed as J P MORGAN EXCHANGE TRADED F | 0.09% | 736,344 | $36.7M | Add +60.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.08% | 137,719 | $35.6M | Add +122.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.08% | 160,175 | $35.5M | Add +10.2% |
| SPEM State Street SP PTF Em ETF | 0.08% | 812,518 | $32.0M | Add +10.6% |
| SCHA Schwab US Small-Cap ETF | 0.07% | 1,246,030 | $29.2M | Add +181.0% |
| IGEB iShares Investment Grade SYS | 0.07% | 634,891 | $28.6M | Add +31.8% |
| SUSC iShares ESG Aware Usd Corpor | 0.07% | 1,235,913 | $28.5M | Reduce -8.4% |
| VIG Vanguard Dividend Apprec ETF | 0.06% | 133,117 | $25.8M | Add +6.9% |
| GSJY Goldman Activebeta JP Eq ETF | 0.06% | 666,740 | $25.7M | Add +3.8% |
| GCOR Goldman Sachs Access US Agg | 0.06% | 596,331 | $24.6M | Add +6.8% |
| EEMX State Street SPDR MSCI Emerg | 0.06% | 726,952 | $24.4M | Reduce -8.6% |
| VGLT Vanguard Long-Term Treasury | 0.06% | 422,657 | $24.3M | Add +9.6% |
| SHM SS SPDR N Ice St Muni ETF | 0.06% | 502,782 | $23.9M | Reduce -13.0% |
| DFEM Dimensional Emrg MRKT Core | 0.06% | 877,048 | $23.2M | Add +6.5% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.05% | 541,388 | $23.0M | Add +35.2% |
| SUSA iShares ESG Optimized MSCI U | 0.05% | 183,029 | $21.0M | Reduce -1.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.05% | 78,016 | $20.1M | Add +137.1% |
| GEMD Goldman Access Em Usd Bond | 0.05% | 491,452 | $19.9M | Add +1.2% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.05% | 79,768 | $19.5M | Add +3.9% |
| BIV Vanguard Intermediate-Term B | 0.05% | 249,003 | $19.1M | Add +13.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.04% | 163,182 | $17.7M | Add +5.3% |
| DCOR Dimensional US Core Eq 1 ETF | 0.04% | 275,476 | $16.9M | Add +7.6% |
| USDX Sgi Enhanced Core ETF | 0.04% | 631,784 | $16.2M | Add +25.6% |
| DFAT Dimensional US Target Value | 0.04% | 309,559 | $15.9M | Add +17.8% |
| DFLV Dim US Large Cap Value ETF | 0.04% | 501,309 | $15.3M | Add +14.5% |
| AVUV Avantis US Small Cap Value | 0.03% | 164,553 | $14.3M | Add +6.5% |
| VUSB Vanguard Ultra Short Bond Et | 0.03% | 268,160 | $13.4M | Reduce -10.4% |
| BLV Vanguard Long-Term Bond ETF | 0.03% | 188,929 | $13.3M | Reduce -0.3% |
| FWD AB Disruptors ETF filed as AB ACTIVE ETFS INC | 0.03% | 188,551 | $13.3M | New |
| TFLO iShares Treasury Floating Ra | 0.03% | 259,489 | $13.1M | Add +13.8% |
| VMBS Vanguard Mortgage-Backed Sec | 0.03% | 282,478 | $13.1M | Add +3.6% |
| SCHH Schwab US REIT ETF | 0.03% | 603,085 | $13.0M | Add +3.5% |
| JUST Goldman Sachs Just US LRG | 0.03% | 162,947 | $13.0M | Add +14.1% |
| GHYB Goldman Sachs Access HY Corp. | 0.03% | 289,915 | $12.9M | Reduce -9.3% |
Portfolio Sells Q4 2024 → Q1 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.2% | 17.01% | −1.62 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -12.3% | 2.13% | −0.32 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.7% | 5.99% | −0.29 |
| ITOT iShares Core S&P Total U.S. | Reduce -2.2% | 3.34% | −0.28 |
| EMB iShares JP Morgan Usd Emergi | Reduce -11.7% | 1.71% | −0.20 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -5.5% | 1.48% | −0.19 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -0.2% | 1.56% | −0.17 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -0.3% | 2.17% | −0.17 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -4.8% | 1.63% | −0.10 |
| GSLC Goldman Activebeta US LC ETF | Reduce -0.8% | 1.39% | −0.08 |
| SCHB Schwab US Broad Market ETF | Reduce -2.9% | 0.88% | −0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -4.1% | 2.14% | −0.06 |
| VTIP Vanguard Short-Term Tips | Reduce -19.9% | 0.24% | −0.05 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -14.2% | 0.29% | −0.05 |
| IWS iShares Russell Mid-Cap Valu | Reduce -4.7% | 0.51% | −0.04 |
| IEMG iShares Core MSCI Emerging | Reduce -6.7% | 0.96% | −0.04 |
| IWN iShares Russell 2000 Value E | Reduce -4.2% | 0.28% | −0.04 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -5.6% | 0.94% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -67.9% | 0.01% | −0.03 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -10.6% | 0.25% | −0.03 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -2.9% | 0.20% | −0.03 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -12.2% | 0.25% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -5.2% | 0.31% | −0.02 |
| IVV iShares Core S&P 500 ETF | Reduce -2.9% | 0.21% | −0.02 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -3.6% | 0.10% | −0.01 |
| CRBN Ish Low Car Opt Ms Ac ETF-US | Reduce -0.1% | 0.59% | −0.01 |
| EMHY iShares J.P. Morgan Em High | Reduce -31.4% | 0.02% | −0.01 |
| MBB iShares MBS ETF | Reduce -48.3% | 0.01% | −0.01 |
| GSSC Goldman Sachs Activebeta US | Reduce -0.6% | 0.09% | −0.01 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -13.0% | 0.06% | −0.01 |
| SCHV Schwab US Large-Cap Value | Reduce -4.0% | 0.28% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -3.4% | 0.18% | −0.01 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -67.8% | 0.00% | −0.01 |
| SUSC iShares ESG Aware Usd Corpor | Reduce -8.4% | 0.07% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -20.6% | 0.02% | −0.01 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -1.3% | 0.05% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -15.2% | 0.01% | −0.00 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -10.4% | 0.03% | −0.00 |
| EEMX State Street SPDR MSCI Emerg | Reduce -8.6% | 0.06% | −0.00 |
| ETHW Bitwise Ethereum ETF | Reduce -31.4% | 0.00% | −0.00 |
| GHYB Goldman Sachs Access HY Corp. | Reduce -9.3% | 0.03% | −0.00 |
| IEUR iShares Core MSCI Europe ETF | Reduce -20.7% | 0.02% | −0.00 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -39.4% | 0.01% | −0.00 |
| CMF iShares California Muni Bond | Reduce -7.6% | 0.03% | −0.00 |
| VCIT Vanguard Int-Term Corporate | Reduce -32.1% | 0.01% | −0.00 |
| VGIT Vanguard Intermediate-Term T | Reduce -30.4% | 0.01% | −0.00 |
| BNDW Vanguard Total World Bond Et | Reduce -38.7% | 0.00% | −0.00 |
| JNK SS SPDR BB High Yield Bond | Reduce -26.8% | 0.01% | −0.00 |
| FIXD First Trust Smith Opportunis | Reduce -20.5% | 0.01% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +22.7% | 10.12% | +1.43 |
| AGG iShares Core U.S. Aggregate | Add +10.0% | 5.13% | +0.54 |
| SCHX Schwab US Large-Cap ETF | Add +119.6% | 0.69% | +0.36 |
| JPST JPMorgan Ultra-Short Income | Add +47.8% | 1.10% | +0.36 |
| TFI SS SPDR N Ice Muni Bond ETF | Add +29.5% | 0.98% | +0.21 |
| USHY iShares Broad Usd High Yield | Add +271.2% | 0.10% | +0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +122.0% | 0.08% | +0.05 |
| SCHA Schwab US Small-Cap ETF | Add +181.0% | 0.07% | +0.04 |
| JMSI JPM Sus Municipal Income | Add +60.1% | 0.09% | +0.03 |
| FWD AB Disruptors ETF | New | 0.03% | +0.03 |
| GSEU Goldman Activebta Eur Eq ETF | Add +8.5% | 0.19% | +0.03 |
| EAGG iShares ESG Aware US Aggrega | Add +28.6% | 0.13% | +0.03 |
| FALN iShares Fallen Angels ETF | Add +37.3% | 0.10% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +14.5% | 0.33% | +0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +137.1% | 0.05% | +0.03 |
| IGEB iShares Investment Grade SYS | Add +31.8% | 0.07% | +0.02 |
| ESGV Vanguard ESG US Stock ETF | Add +22.9% | 0.12% | +0.01 |
| DFIC Dimensional International Co. | Add +10.5% | 0.10% | +0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +35.2% | 0.05% | +0.01 |
| DFSV Dimensional US Small Cap Val | Add +172.6% | 0.02% | +0.01 |
| DFAC Dimensional US Core Equity 2 | Add +12.4% | 0.20% | +0.01 |
| DISV Dimensional International SM | Add +99.6% | 0.02% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | Add +89.1% | 0.03% | +0.01 |
| BND Vanguard Total Bond Market | Add +1.7% | 0.30% | +0.01 |
| SPEM State Street SP PTF Em ETF | Add +10.6% | 0.08% | +0.01 |
| DFCF Dimensional Core Fixed Inc. | Add +8.6% | 0.09% | +0.01 |
| USDX Sgi Enhanced Core ETF | Add +25.6% | 0.04% | +0.01 |
| VFMO Vanguard US Momentum Factor | New | 0.01% | +0.01 |
| VOOG Vanguard S&P 500 Growth ETF | Add +52.6% | 0.03% | +0.01 |
| VGLT Vanguard Long-Term Treasury | Add +9.6% | 0.06% | +0.01 |
| IGLB iShares 10+ Year Inv GR Corp. | Add +29.0% | 0.03% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +17.5% | 0.09% | +0.01 |
| GIGB Goldman Sachs Inv GRD Corp. | Add +3.5% | 0.14% | +0.01 |
| IEF iShares 7-10 Year Treasury B | Add +54.2% | 0.02% | +0.01 |
| BIV Vanguard Intermediate-Term B | Add +13.3% | 0.05% | +0.01 |
| GEM Goldman Sachs Activebeta Em | Add +0.9% | 0.14% | +0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +67.0% | 0.01% | +0.01 |
| DFLV Dim US Large Cap Value ETF | Add +14.5% | 0.04% | +0.01 |
| DFEV Dimensional Emrg MRKT Val | Add +57.5% | 0.01% | +0.00 |
| BGRN iShares Usd Green Bond ETF | Add +2.2% | 0.15% | +0.00 |
| DFGP Dimensional GLBL Core PL Fix | Add +102.2% | 0.01% | +0.00 |
| GCOR Goldman Sachs Access US Agg | Add +6.8% | 0.06% | +0.00 |
| HYDB iShares High Yield Systemati | Add +23.2% | 0.02% | +0.00 |
| SCHM Schwab US Mid Cap ETF | Add +97.1% | 0.01% | +0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +53.3% | 0.01% | +0.00 |
| FBND Fidelity Total Bond ETF | Add +60.6% | 0.01% | +0.00 |
| COMB Graniteshares Bcom Broad STR | Add +6.6% | 0.03% | +0.00 |
| TFLO iShares Treasury Floating Ra | Add +13.8% | 0.03% | +0.00 |
| DGCB Dimensional Global Credit | Add +30.2% | 0.02% | +0.00 |
| DFEM Dimensional Emrg MRKT Core | Add +6.5% | 0.06% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 675 | $59.1B | VEA, VTI, SPYM, VWO, MUB |
| Q1 2026 | 615 | $52.8B | VEA, VTI, SPYM, VWO, AGG |
| Q4 2025 | 551 | $52.5B | VEA, VTI, SPYM, VWO, AGG |
| Q3 2025 | 522 | $50.6B | VTI, VEA, SPYM, VWO, AGG |
| Q2 2025 | 497 | $47.0B | VTI, VEA, SPYM, VWO, AGG |
| Q1 2025 | 458 | $42.2B | VTI, VEA, SPYM, VWO, AGG |
| Q4 2024 | 444 | $41.9B | VTI, VEA, SPYM, VWO, MUB |
| Q3 2024 | 421 | $41.9B | VTI, VEA, SPYM, VWO, AGG |
| Q2 2024 | 392 | $38.6B | VTI, VEA, SPYM, VWO, AGG |
| Q1 2024 | 352 | $37.3B | VTI, VEA, VWO, SPYM, AGG |