Betterment LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Betterment LLC reported 497 stock positions worth $47.0 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, 16.3%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 11.4%). Compared with Q1 2025, it opened 52 new positions, sold out of 13, added to 262 and reduced 178. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +14%) and the biggest sale Vanguard Ftse Emerging Marke (VWO, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001633901
- Portfolio Value
- $47.0B (Q2 2025)
- SEC Filing
- 0001633901-25-000007 ↗ filed Aug 14, 2025
Holdings Value
Holdings 497 stocks · $47.0B
| VTI VG Morningstar TS MKT ETF-US | 17.02% | 26,303,687 | $8.0B | Add +0.8% |
| VEA Vanguard Ftse Developed ETF | 16.28% | 134,083,394 | $7.6B | Add +0.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 11.44% | 73,909,544 | $5.4B | Add +13.9% |
| VWO Vanguard Ftse Emerging Marke | 5.54% | 52,572,127 | $2.6B | Reduce -5.8% |
| AGG iShares Core U.S. Aggregate | 4.87% | 23,067,850 | $2.3B | Add +5.5% |
| MUB iShares National Muni Bond E | 4.13% | 18,584,233 | $1.9B | Add +0.9% |
| ITOT iShares Core S&P Total U.S. | 3.24% | 11,275,319 | $1.5B | Reduce -2.3% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 2.22% | 19,155,647 | $1.0B | Add +7.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.96% | 5,196,580 | $918.4M | Reduce -0.6% |
| BNDX Vanguard Total Intl Bond ETF | 1.85% | 17,523,971 | $867.6M | Reduce -4.6% |
| IEFA iShares Core MSCI Eafe ETF | 1.80% | 10,128,262 | $845.5M | Reduce -5.1% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.60% | 17,616,693 | $750.5M | Add +9.2% |
| EMB iShares JP Morgan Usd Emergi | 1.56% | 7,892,474 | $731.0M | Reduce -1.1% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.45% | 4,133,464 | $679.8M | Reduce -3.7% |
| GSLC Goldman Activebeta US LC ETF | 1.45% | 5,599,651 | $679.7M | Add +5.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.33% | 3,200,471 | $624.1M | Reduce -4.5% |
| TFI SS SPDR N Ice Muni Bond ETF | 1.25% | 13,127,515 | $586.4M | Add +43.0% |
| JPST JPMorgan Ultra-Short Income | 1.22% | 11,291,079 | $572.2M | Add +22.9% |
| GBIL Goldman Sachs Access Treasur | 1.22% | 5,698,815 | $570.7M | Add +1.0% |
| ESGU iShares ESG Aware MSCI USA | 1.11% | 3,840,238 | $519.6M | Add +12.5% |
| SCHF Schwab Intl Equity ETF | 1.08% | 22,942,141 | $507.0M | Reduce -2.8% |
| SCHX Schwab US Large-Cap ETF | 0.98% | 18,749,171 | $458.2M | Add +41.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.88% | 4,006,464 | $412.3M | Add +4.8% |
| SCHB Schwab US Broad Market ETF | 0.85% | 16,827,398 | $401.0M | Reduce -2.5% |
| IEMG iShares Core MSCI Emerging | 0.82% | 6,383,212 | $383.2M | Reduce -14.5% |
| ESGD iShares Trust iShares ESG Aw | 0.73% | 3,856,164 | $344.0M | Add +17.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.67% | 7,726,859 | $312.9M | Add +24.8% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.58% | 1,285,649 | $272.3M | Reduce -0.9% |
| IWS iShares Russell Mid-Cap Valu | 0.46% | 1,639,610 | $216.7M | Reduce -4.2% |
| VOO Vanguard S&P 500 ETF | 0.37% | 303,933 | $172.6M | Add +11.2% |
| BND Vanguard Total Bond Market | 0.29% | 1,854,836 | $136.6M | Add +8.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.28% | 2,512,074 | $131.5M | Reduce -2.4% |
| ESGE iShares Inc. iShares ESG Awar | 0.28% | 3,346,542 | $131.1M | Add +12.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 290,155 | $127.2M | Add +8.5% |
| GSIE Goldman Sachs Activebeta Int | 0.27% | 3,191,444 | $126.6M | Reduce -33.3% |
| SCHV Schwab US Large-Cap Value | 0.26% | 4,362,278 | $120.7M | Reduce -2.3% |
| IWN iShares Russell 2000 Value E | 0.25% | 748,283 | $118.0M | Reduce -5.8% |
| VOTE TCW Transform 500 ETF | 0.24% | 1,520,777 | $110.6M | Add +15.2% |
| DFAC Dimensional US Core Equity 2 | 0.23% | 2,961,360 | $106.1M | Add +16.0% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.21% | 1,934,222 | $98.5M | Add +0.0% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.20% | 1,469,300 | $96.0M | Reduce -11.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.20% | 865,310 | $95.5M | Reduce -22.7% |
| IVV iShares Core S&P 500 ETF | 0.20% | 149,690 | $92.9M | Reduce -3.0% |
| VTIP Vanguard Short-Term Tips | 0.19% | 1,733,107 | $87.1M | Reduce -14.0% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.18% | 1,517,997 | $82.5M | Reduce -14.4% |
| GSEU Goldman Activebta Eur Eq ETF | 0.17% | 1,939,171 | $82.1M | Reduce -5.9% |
| GEM Goldman Sachs Activebeta Em | 0.17% | 2,098,854 | $78.1M | Add +19.2% |
| SPEM State Street SP PTF Em ETF | 0.17% | 1,824,389 | $78.0M | Add +124.5% |
| IVE iShares S&P 500 Value ETF | 0.16% | 388,831 | $76.0M | Reduce -3.3% |
| IAGG iShares Intl Aggregate Bond | 0.16% | 1,466,453 | $74.9M | Reduce -0.3% |
| ESML iShares ESG Aware MSCI USA S | 0.15% | 1,747,178 | $72.2M | Add +7.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.15% | 244,121 | $68.3M | Add +77.3% |
| EAGG iShares ESG Aware US Aggrega | 0.14% | 1,428,397 | $67.9M | Add +23.7% |
| EFAX State Street SPDR MSCI Eafe | 0.14% | 1,376,427 | $65.2M | Reduce -2.1% |
| BGRN iShares Usd Green Bond ETF | 0.13% | 1,310,676 | $62.5M | Reduce -0.8% |
| ESGV Vanguard ESG US Stock ETF | 0.13% | 557,611 | $61.1M | Add +9.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.12% | 244,160 | $57.9M | Add +52.4% |
| JMSI JPM Sus Municipal Income filed as J P MORGAN EXCHANGE TRADED F | 0.12% | 1,134,628 | $56.1M | Add +54.1% |
| IBIT iShares Bitcoin Trust ETF | 0.12% | 883,141 | $54.1M | Add +1.5% |
| GSSC Goldman Sachs Activebeta US | 0.11% | 762,667 | $52.3M | Add +28.0% |
| FALN iShares Fallen Angels ETF | 0.11% | 1,818,881 | $49.4M | Add +11.3% |
| USHY iShares Broad Usd High Yield | 0.10% | 1,294,511 | $48.6M | Add +9.4% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.10% | 396,933 | $46.1M | Reduce -3.2% |
| DFIC Dimensional International Co. | 0.10% | 1,452,939 | $45.2M | Add +0.5% |
| BSV Vanguard Short-Term Bond ETF | 0.10% | 570,256 | $44.9M | Add +6.2% |
| DFCF Dimensional Core Fixed Inc. | 0.09% | 1,031,555 | $43.6M | Add +12.3% |
| GSJY Goldman Activebeta JP Eq ETF | 0.09% | 993,150 | $41.7M | Add +49.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.09% | 73,452 | $40.5M | Reduce -12.5% |
| FWD AB Disruptors ETF filed as AB ACTIVE ETFS INC | 0.08% | 440,990 | $39.6M | Add +133.9% |
| SCHA Schwab US Small-Cap ETF | 0.08% | 1,551,114 | $39.2M | Add +24.5% |
| SUSA iShares ESG Optimized MSCI U | 0.08% | 306,480 | $38.8M | Add +67.5% |
| GCOR Goldman Sachs Access US Agg | 0.08% | 909,269 | $37.6M | Add +52.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.07% | 117,766 | $33.6M | Add +51.0% |
| SUSC iShares ESG Aware Usd Corpor | 0.07% | 1,419,635 | $33.0M | Add +14.9% |
| GIGB Goldman Sachs Inv GRD Corp. | 0.07% | 702,982 | $32.4M | Reduce -45.6% |
| IGEB iShares Investment Grade SYS | 0.07% | 687,332 | $31.2M | Add +8.3% |
| DFAI Dimensional International Co. | 0.06% | 864,568 | $29.9M | Reduce -29.3% |
| VIG Vanguard Dividend Apprec ETF | 0.06% | 143,685 | $29.4M | Add +7.9% |
| GTIP Goldman Sachs Access Inflati | 0.06% | 580,803 | $28.8M | Add +148.5% |
| DFAU Dimensional US Core Equity M | 0.06% | 669,297 | $28.4M | Reduce -48.3% |
| GMUB GS Municipal Income ETF | 0.06% | 530,048 | $26.5M | New |
| QQQM Invesco Nasdaq 100 ETF | 0.06% | 116,212 | $26.4M | Add +110.8% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.05% | 591,634 | $25.5M | Add +9.3% |
| DFEM Dimensional Emrg MRKT Core | 0.05% | 812,552 | $24.1M | Reduce -7.3% |
| EEMX State Street SPDR MSCI Emerg | 0.05% | 641,658 | $24.0M | Reduce -11.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.05% | 482,841 | $23.7M | Add +356.0% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.05% | 82,993 | $23.6M | Add +4.0% |
| SUB iShares Short-Term National | 0.05% | 216,032 | $23.0M | Add +524.9% |
| GEMD Goldman Access Em Usd Bond | 0.05% | 542,916 | $22.3M | Add +10.5% |
| BNDW Vanguard Total World Bond Et | 0.05% | 309,606 | $21.5M | Add +1434.5% |
| JUST Goldman Sachs Just US LRG | 0.04% | 238,088 | $20.9M | Add +46.1% |
| BIV Vanguard Intermediate-Term B | 0.04% | 263,024 | $20.3M | Add +5.6% |
| VXUS Vanguard Total Intl Stock | 0.04% | 280,648 | $19.4M | Add +466.8% |
| DFLV Dim US Large Cap Value ETF | 0.04% | 603,824 | $18.7M | Add +20.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.04% | 170,591 | $18.7M | Add +4.5% |
| DCOR Dimensional US Core Eq 1 ETF | 0.04% | 279,263 | $18.7M | Add +1.4% |
| VGLT Vanguard Long-Term Treasury | 0.04% | 329,777 | $18.5M | Reduce -22.0% |
| DFAT Dimensional US Target Value | 0.04% | 342,966 | $18.5M | Add +10.8% |
| USDX Sgi Enhanced Core ETF | 0.04% | 711,801 | $18.3M | Add +12.7% |
| SHM SS SPDR N Ice St Muni ETF | 0.04% | 351,901 | $16.8M | Reduce -30.0% |
Portfolio Sells Q1 2025 → Q2 2025
| VWO Vanguard Ftse Emerging Marke | Reduce -5.8% | 5.54% | −0.46 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -4.6% | 1.85% | −0.28 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -3.7% | 1.45% | −0.19 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.6% | 1.96% | −0.19 |
| EMB iShares JP Morgan Usd Emergi | Reduce -1.1% | 1.56% | −0.16 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -4.5% | 1.33% | −0.15 |
| IEMG iShares Core MSCI Emerging | Reduce -14.5% | 0.82% | −0.14 |
| GSIE Goldman Sachs Activebeta Int | Reduce -33.3% | 0.27% | −0.13 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.1% | 1.80% | −0.11 |
| ITOT iShares Core S&P Total U.S. | Reduce -2.3% | 3.24% | −0.10 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -22.7% | 0.20% | −0.09 |
| GIGB Goldman Sachs Inv GRD Corp. | Reduce -45.6% | 0.07% | −0.07 |
| DFAU Dimensional US Core Equity M | Reduce -48.3% | 0.06% | −0.06 |
| VTIP Vanguard Short-Term Tips | Reduce -14.0% | 0.19% | −0.05 |
| IWS iShares Russell Mid-Cap Valu | Reduce -4.2% | 0.46% | −0.05 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -11.3% | 0.20% | −0.05 |
| IWN iShares Russell 2000 Value E | Reduce -5.8% | 0.25% | −0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -2.4% | 0.28% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -2.8% | 1.08% | −0.03 |
| SCHB Schwab US Broad Market ETF | Reduce -2.5% | 0.85% | −0.03 |
| DFAI Dimensional International Co. | Reduce -29.3% | 0.06% | −0.03 |
| GHYB Goldman Sachs Access HY Corp. | Reduce -82.0% | 0.01% | −0.03 |
| SCHV Schwab US Large-Cap Value | Reduce -2.3% | 0.26% | −0.02 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -30.0% | 0.04% | −0.02 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -59.0% | 0.01% | −0.02 |
| IVE iShares S&P 500 Value ETF | Reduce -3.3% | 0.16% | −0.02 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -14.4% | 0.18% | −0.02 |
| VGLT Vanguard Long-Term Treasury | Reduce -22.0% | 0.04% | −0.02 |
| BGRN iShares Usd Green Bond ETF | Reduce -0.8% | 0.13% | −0.02 |
| IAGG iShares Intl Aggregate Bond | Reduce -0.3% | 0.16% | −0.01 |
| GSEU Goldman Activebta Eur Eq ETF | Reduce -5.9% | 0.17% | −0.01 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -43.0% | 0.01% | −0.01 |
| CRBN Ish Low Car Opt Ms Ac ETF-US | Reduce -0.9% | 0.58% | −0.01 |
| CGSM Cap Group Short Muni Income | Reduce -49.6% | 0.01% | −0.01 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -46.0% | 0.01% | −0.01 |
| NACP Impact Shares Naacp Minority | Reduce -79.5% | 0.00% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -3.0% | 0.20% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -12.5% | 0.09% | −0.01 |
| EEMX State Street SPDR MSCI Emerg | Reduce -11.7% | 0.05% | −0.01 |
| XT Ishar Fture Exp Tech ETF-Usd | Reduce -32.8% | 0.01% | −0.01 |
| WTMF Wisdomtree MGD Futures Strat | Reduce -82.3% | 0.00% | −0.00 |
| FLOT iShares Floating Rate Bond E | Reduce -5.4% | 0.03% | −0.00 |
| EFAX State Street SPDR MSCI Eafe | Reduce -2.1% | 0.14% | −0.00 |
| CGMU Cap Group Municipal Income | Reduce -53.1% | 0.00% | −0.00 |
| HYLB Xtrackers Usd High Yield Cor | Reduce -8.2% | 0.02% | −0.00 |
| DFEM Dimensional Emrg MRKT Core | Reduce -7.3% | 0.05% | −0.00 |
| GINX Sgi Enh GL Inc. ETF | Sold out | 0.00% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -19.9% | 0.01% | −0.00 |
| SCHD Schwab US DVD Equity ETF | Reduce -19.6% | 0.01% | −0.00 |
| DFSD Dimensional Short Duration | Reduce -3.0% | 0.02% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +13.9% | 11.44% | +1.32 |
| SCHX Schwab US Large-Cap ETF | Add +41.8% | 0.98% | +0.28 |
| TFI SS SPDR N Ice Muni Bond ETF | Add +43.0% | 1.25% | +0.27 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +24.8% | 0.67% | +0.13 |
| VEA Vanguard Ftse Developed ETF | Add +0.1% | 16.28% | +0.12 |
| ESGU iShares ESG Aware MSCI USA | Add +12.5% | 1.11% | +0.12 |
| JPST JPMorgan Ultra-Short Income | Add +22.9% | 1.22% | +0.12 |
| ESGD iShares Trust iShares ESG Aw | Add +17.0% | 0.73% | +0.09 |
| SPEM State Street SP PTF Em ETF | Add +124.5% | 0.17% | +0.09 |
| GSLC Goldman Activebeta US LC ETF | Add +5.5% | 1.45% | +0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +77.3% | 0.15% | +0.06 |
| GMUB GS Municipal Income ETF | New | 0.06% | +0.06 |
| FWD AB Disruptors ETF | Add +133.9% | 0.08% | +0.05 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +7.1% | 2.22% | +0.05 |
| BNDW Vanguard Total World Bond Et | Add +1434.5% | 0.05% | +0.04 |
| SUB iShares Short-Term National | Add +524.9% | 0.05% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +52.4% | 0.12% | +0.04 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +9.2% | 1.60% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +356.0% | 0.05% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +8.5% | 0.27% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +11.2% | 0.37% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +466.8% | 0.04% | +0.03 |
| GTIP Goldman Sachs Access Inflati | Add +148.5% | 0.06% | +0.03 |
| SUSA iShares ESG Optimized MSCI U | Add +67.5% | 0.08% | +0.03 |
| JMSI JPM Sus Municipal Income | Add +54.1% | 0.12% | +0.03 |
| ESGE iShares Inc. iShares ESG Awar | Add +12.4% | 0.28% | +0.03 |
| QQQM Invesco Nasdaq 100 ETF | Add +110.8% | 0.06% | +0.03 |
| VOTE TCW Transform 500 ETF | Add +15.2% | 0.24% | +0.03 |
| GSJY Goldman Activebeta JP Eq ETF | Add +49.0% | 0.09% | +0.03 |
| GEM Goldman Sachs Activebeta Em | Add +19.2% | 0.17% | +0.03 |
| DFAC Dimensional US Core Equity 2 | Add +16.0% | 0.23% | +0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +51.0% | 0.07% | +0.02 |
| GSSC Goldman Sachs Activebeta US | Add +28.0% | 0.11% | +0.02 |
| GCOR Goldman Sachs Access US Agg | Add +52.5% | 0.08% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | Add +1.5% | 0.12% | +0.02 |
| EAGG iShares ESG Aware US Aggrega | Add +23.7% | 0.14% | +0.01 |
| SCHA Schwab US Small-Cap ETF | Add +24.5% | 0.08% | +0.01 |
| JUST Goldman Sachs Just US LRG | Add +46.1% | 0.04% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | Add +9.6% | 0.13% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.8% | 17.02% | +0.01 |
| ETHA iShares Ethereum Trust ETF | Add +12.8% | 0.03% | +0.01 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +47.8% | 0.03% | +0.01 |
| DFUS Dimensional US Eq MKT ETF | Add +62.3% | 0.02% | +0.01 |
| IEUR iShares Core MSCI Europe ETF | Add +35.6% | 0.03% | +0.01 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.01% | +0.01 |
| ESML iShares ESG Aware MSCI USA S | Add +7.3% | 0.15% | +0.01 |
| DFAX Dimensional World Ex US Core | Add +26.4% | 0.02% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +66.6% | 0.02% | +0.01 |
| DUHP Dimensional US High Profi Et | Add +63.9% | 0.01% | +0.00 |
| MFUT Cambria Chesapeake Pure TRND | New | 0.00% | +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 |