Betterment LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Betterment LLC reported 522 stock positions worth $50.6 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 16.7% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 16.3%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 12.2%). Compared with Q2 2025, it opened 34 new positions, sold out of 9, added to 296 and reduced 190. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +6%) and the biggest sale iShares National Muni Bond E (MUB, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001633901
- Portfolio Value
- $50.6B (Q3 2025)
- SEC Filing
- 0001633901-25-000010 ↗ filed Nov 13, 2025
Holdings Value
Holdings 522 stocks · $50.6B
| VTI VG Morningstar TS MKT ETF-US | 16.72% | 25,782,400 | $8.5B | Reduce -2.0% |
| VEA Vanguard Ftse Developed ETF | 16.28% | 137,447,739 | $8.2B | Add +2.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 12.16% | 78,546,237 | $6.2B | Add +6.3% |
| VWO Vanguard Ftse Emerging Marke | 5.62% | 52,475,303 | $2.8B | Reduce -0.2% |
| AGG iShares Core U.S. Aggregate | 4.87% | 24,568,480 | $2.5B | Add +6.5% |
| MUB iShares National Muni Bond E | 3.65% | 17,343,529 | $1.8B | Reduce -6.7% |
| ITOT iShares Core S&P Total U.S. | 3.15% | 10,939,405 | $1.6B | Reduce -3.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 2.27% | 20,126,277 | $1.2B | Add +5.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.87% | 5,080,035 | $947.4M | Reduce -2.2% |
| BNDX Vanguard Total Intl Bond ETF | 1.79% | 18,361,174 | $908.1M | Add +4.8% |
| IEFA iShares Core MSCI Eafe ETF | 1.70% | 9,866,920 | $861.5M | Reduce -2.6% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.66% | 18,142,585 | $840.4M | Add +3.0% |
| GSLC Goldman Activebeta US LC ETF | 1.51% | 5,847,849 | $761.9M | Add +4.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.39% | 4,020,310 | $701.9M | Reduce -2.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.28% | 3,100,066 | $647.0M | Reduce -3.1% |
| EMB iShares JP Morgan Usd Emergi | 1.26% | 6,721,924 | $639.9M | Reduce -14.8% |
| JPST JPMorgan Ultra-Short Income | 1.22% | 12,178,595 | $617.8M | Add +7.9% |
| TFI SS SPDR N Ice Muni Bond ETF | 1.14% | 12,614,228 | $574.8M | Reduce -3.9% |
| ESGU iShares ESG Aware MSCI USA | 1.12% | 3,889,897 | $566.4M | Add +1.3% |
| GBIL Goldman Sachs Access Treasur | 1.12% | 5,639,190 | $565.2M | Reduce -1.1% |
| SCHF Schwab Intl Equity ETF | 1.03% | 22,372,945 | $520.8M | Reduce -2.5% |
| SCHX Schwab US Large-Cap ETF | 0.94% | 18,084,620 | $476.3M | Reduce -3.5% |
| STIP iShares 0-5 Year Tips Bond E | 0.85% | 4,140,622 | $428.0M | Add +3.4% |
| SCHB Schwab US Broad Market ETF | 0.84% | 16,504,113 | $424.3M | Reduce -1.9% |
| IEMG iShares Core MSCI Emerging | 0.79% | 6,101,205 | $402.2M | Reduce -4.4% |
| ESGD iShares Trust iShares ESG Aw | 0.71% | 3,888,708 | $361.6M | Add +0.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.65% | 6,573,354 | $329.1M | Add +1261.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.63% | 7,498,060 | $320.8M | Reduce -3.0% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.58% | 1,292,244 | $293.2M | Add +0.5% |
| IWS iShares Russell Mid-Cap Valu | 0.44% | 1,594,763 | $222.7M | Reduce -2.7% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.44% | 3,314,686 | $221.8M | Add +125.6% |
| VOO Vanguard S&P 500 ETF | 0.37% | 303,612 | $185.9M | Reduce -0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.29% | 305,906 | $146.7M | Add +5.4% |
| ESGE iShares Inc. iShares ESG Awar | 0.28% | 3,277,758 | $142.3M | Reduce -2.1% |
| BND Vanguard Total Bond Market | 0.27% | 1,836,898 | $136.6M | Reduce -1.0% |
| GSIE Goldman Sachs Activebeta Int | 0.26% | 3,253,245 | $133.7M | Add +1.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.26% | 2,411,815 | $133.4M | Reduce -4.0% |
| IWN iShares Russell 2000 Value E | 0.25% | 718,375 | $127.0M | Reduce -4.0% |
| SCHV Schwab US Large-Cap Value | 0.24% | 4,251,449 | $123.8M | Reduce -2.5% |
| DFAC Dimensional US Core Equity 2 | 0.24% | 3,166,372 | $122.1M | Add +6.9% |
| VOTE TCW Transform 500 ETF | 0.24% | 1,556,154 | $122.1M | Add +2.3% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.21% | 1,934,284 | $106.1M | Add +0.0% |
| IVV iShares Core S&P 500 ETF | 0.19% | 144,862 | $97.0M | Reduce -3.2% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.19% | 1,506,644 | $93.8M | Reduce -0.8% |
| GEM Goldman Sachs Activebeta Em | 0.17% | 2,174,673 | $88.6M | Add +3.6% |
| GSEU Goldman Activebta Eur Eq ETF | 0.17% | 1,986,093 | $86.7M | Add +2.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.17% | 781,837 | $86.4M | Reduce -9.7% |
| VTIP Vanguard Short-Term Tips | 0.16% | 1,638,838 | $83.0M | Reduce -5.4% |
| SPEM State Street SP PTF Em ETF | 0.16% | 1,760,723 | $82.4M | Reduce -3.5% |
| ESML iShares ESG Aware MSCI USA S | 0.16% | 1,780,747 | $80.3M | Add +1.9% |
| IVE iShares S&P 500 Value ETF | 0.15% | 378,298 | $78.1M | Reduce -2.7% |
| IAGG iShares Intl Aggregate Bond | 0.15% | 1,482,783 | $76.0M | Add +1.1% |
| EAGG iShares ESG Aware US Aggrega | 0.14% | 1,523,360 | $73.2M | Add +6.7% |
| IBIT iShares Bitcoin Trust ETF | 0.14% | 1,085,559 | $70.6M | Add +22.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.14% | 238,877 | $70.2M | Reduce -2.1% |
| EFAX State Street SPDR MSCI Eafe | 0.14% | 1,406,903 | $69.4M | Add +2.2% |
| JMSI JPM Sus Municipal Income filed as J P MORGAN EXCHANGE TRADED F | 0.14% | 1,360,487 | $68.3M | Add +19.9% |
| ESGV Vanguard ESG US Stock ETF | 0.12% | 533,633 | $63.2M | Reduce -4.3% |
| BGRN iShares Usd Green Bond ETF | 0.12% | 1,259,094 | $60.6M | Reduce -3.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.12% | 234,687 | $59.7M | Reduce -3.9% |
| GSSC Goldman Sachs Activebeta US | 0.12% | 791,873 | $59.3M | Add +3.8% |
| USHY iShares Broad Usd High Yield | 0.11% | 1,510,820 | $57.1M | Add +16.7% |
| IGEB iShares Investment Grade SYS | 0.11% | 1,213,586 | $55.9M | Add +76.6% |
| FWD AB Disruptors ETF filed as AB ACTIVE ETFS INC | 0.10% | 504,303 | $51.0M | Add +14.4% |
| DFIC Dimensional International Co. | 0.10% | 1,553,680 | $50.9M | Add +6.9% |
| DFCF Dimensional Core Fixed Inc. | 0.10% | 1,142,139 | $48.8M | Add +10.7% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.10% | 382,197 | $48.1M | Reduce -3.7% |
| GSJY Goldman Activebeta JP Eq ETF | 0.09% | 1,061,442 | $47.9M | Add +6.9% |
| BSV Vanguard Short-Term Bond ETF | 0.09% | 600,389 | $47.4M | Add +5.3% |
| SCHA Schwab US Small-Cap ETF | 0.08% | 1,533,125 | $42.8M | Reduce -1.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 70,473 | $42.3M | Reduce -4.1% |
| GCOR Goldman Sachs Access US Agg | 0.08% | 976,565 | $40.8M | Add +7.4% |
| SUSA iShares ESG Optimized MSCI U | 0.08% | 296,167 | $40.2M | Reduce -3.4% |
| GMUB GS Municipal Income ETF | 0.08% | 775,892 | $39.5M | Add +46.4% |
| QQQM Invesco Nasdaq 100 ETF | 0.08% | 154,011 | $38.1M | Add +32.5% |
| SUSC iShares ESG Aware Usd Corpor | 0.07% | 1,508,421 | $35.5M | Add +6.3% |
| GTIP Goldman Sachs Access Inflati | 0.07% | 688,553 | $34.4M | Add +18.6% |
| VIG Vanguard Dividend Apprec ETF | 0.07% | 154,493 | $33.3M | Add +7.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.07% | 107,343 | $33.0M | Reduce -8.8% |
| FALN iShares Fallen Angels ETF | 0.06% | 1,131,975 | $31.4M | Reduce -37.8% |
| DFAI Dimensional International Co. | 0.06% | 831,482 | $30.2M | Reduce -3.8% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.06% | 696,542 | $30.2M | Add +17.7% |
| GIGB Goldman Sachs Inv GRD Corp. | 0.06% | 644,835 | $30.1M | Reduce -8.3% |
| DFAU Dimensional US Core Equity M | 0.06% | 635,040 | $29.1M | Reduce -5.1% |
| DFEM Dimensional Emrg MRKT Core | 0.05% | 855,439 | $27.4M | Add +5.3% |
| ETHA iShares Ethereum Trust ETF | 0.05% | 862,405 | $27.2M | Add +10.9% |
| VXUS Vanguard Total Intl Stock | 0.05% | 355,311 | $26.1M | Add +26.6% |
| EEMX State Street SPDR MSCI Emerg | 0.05% | 616,039 | $25.8M | Reduce -4.0% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.05% | 84,539 | $24.8M | Add +1.9% |
| GEMD Goldman Access Em Usd Bond | 0.05% | 584,849 | $24.6M | Add +7.7% |
| BNDW Vanguard Total World Bond Et | 0.05% | 334,391 | $23.3M | Add +8.0% |
| JUST Goldman Sachs Just US LRG | 0.05% | 246,140 | $23.1M | Add +3.4% |
| DCOR Dimensional US Core Eq 1 ETF | 0.04% | 310,087 | $22.3M | Add +11.0% |
| DFLV Dim US Large Cap Value ETF | 0.04% | 673,543 | $22.2M | Add +11.6% |
| BIV Vanguard Intermediate-Term B | 0.04% | 282,041 | $22.0M | Add +7.2% |
| SUB iShares Short-Term National | 0.04% | 205,744 | $22.0M | Reduce -4.8% |
| DFAT Dimensional US Target Value | 0.04% | 358,136 | $20.8M | Add +4.4% |
| USDX Sgi Enhanced Core ETF | 0.04% | 751,210 | $19.4M | Add +5.5% |
| VGLT Vanguard Long-Term Treasury | 0.04% | 330,918 | $18.8M | Add +0.3% |
| AVUV Avantis US Small Cap Value | 0.04% | 183,623 | $18.3M | Add +2.4% |
Portfolio Sells Q2 2025 → Q3 2025
| MUB iShares National Muni Bond E | Reduce -6.7% | 3.65% | −0.48 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.0% | 16.72% | −0.30 |
| EMB iShares JP Morgan Usd Emergi | Reduce -14.8% | 1.26% | −0.29 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -3.9% | 1.14% | −0.11 |
| GBIL Goldman Sachs Access Treasur | Reduce -1.1% | 1.12% | −0.10 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.6% | 1.70% | −0.10 |
| ITOT iShares Core S&P Total U.S. | Reduce -3.0% | 3.15% | −0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.2% | 1.87% | −0.08 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -2.7% | 1.39% | −0.06 |
| SCHF Schwab Intl Equity ETF | Reduce -2.5% | 1.03% | −0.05 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -3.1% | 1.28% | −0.05 |
| FALN iShares Fallen Angels ETF | Reduce -37.8% | 0.06% | −0.04 |
| SCHX Schwab US Large-Cap ETF | Reduce -3.5% | 0.94% | −0.03 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -9.7% | 0.17% | −0.03 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -3.0% | 0.63% | −0.03 |
| VTIP Vanguard Short-Term Tips | Reduce -5.4% | 0.16% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -2.7% | 0.44% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -4.4% | 0.79% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -1.0% | 0.27% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -4.0% | 0.26% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -1.9% | 0.84% | −0.02 |
| BGRN iShares Usd Green Bond ETF | Reduce -3.9% | 0.12% | −0.01 |
| SCHV Schwab US Large-Cap Value | Reduce -2.5% | 0.24% | −0.01 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -76.8% | 0.00% | −0.01 |
| EMHY iShares J.P. Morgan Em High | Reduce -42.2% | 0.01% | −0.01 |
| GIGB Goldman Sachs Inv GRD Corp. | Reduce -8.3% | 0.06% | −0.01 |
| HYD Vaneck High Yield Muni ETF | Reduce -68.1% | 0.00% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -2.7% | 0.15% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -2.1% | 0.14% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -3.2% | 0.19% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -8.8% | 0.07% | −0.01 |
| SUB iShares Short-Term National | Reduce -4.8% | 0.04% | −0.01 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -42.0% | 0.01% | −0.01 |
| ESGV Vanguard ESG US Stock ETF | Reduce -4.3% | 0.12% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -3.9% | 0.12% | −0.01 |
| IGLB iShares 10+ Year Inv GR Corp. | Reduce -13.0% | 0.02% | −0.00 |
| FLOT iShares Floating Rate Bond E | Reduce -9.6% | 0.02% | −0.00 |
| DFAI Dimensional International Co. | Reduce -3.8% | 0.06% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -4.5% | 0.04% | −0.00 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -3.9% | 0.03% | −0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -3.4% | 0.08% | −0.00 |
| SPEM State Street SP PTF Em ETF | Reduce -3.5% | 0.16% | −0.00 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -3.7% | 0.10% | −0.00 |
| DFAU Dimensional US Core Equity M | Reduce -5.1% | 0.06% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.1% | 0.08% | −0.00 |
| SCHM Schwab US Mid Cap ETF | Reduce -23.4% | 0.01% | −0.00 |
| NYF iShares New York Muni Bond E | Reduce -9.4% | 0.02% | −0.00 |
| IEUR iShares Core MSCI Europe ETF | Reduce -4.0% | 0.03% | −0.00 |
| GHYB Goldman Sachs Access HY Corp. | Reduce -43.6% | 0.00% | −0.00 |
| MEAR Ishrs Short Mat Muni Act ETF | Reduce -6.5% | 0.01% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +6.3% | 12.16% | +0.72 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +1261.4% | 0.65% | +0.60 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +125.6% | 0.44% | +0.23 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +3.0% | 1.66% | +0.06 |
| GSLC Goldman Activebeta US LC ETF | Add +4.4% | 1.51% | +0.06 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +5.1% | 2.27% | +0.06 |
| IGEB iShares Investment Grade SYS | Add +76.6% | 0.11% | +0.04 |
| USIG iShares Broad Usd Investment | New | 0.03% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | Add +22.9% | 0.14% | +0.02 |
| ETHA iShares Ethereum Trust ETF | Add +10.9% | 0.05% | +0.02 |
| GMUB GS Municipal Income ETF | Add +46.4% | 0.08% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +5.4% | 0.29% | +0.02 |
| QQQM Invesco Nasdaq 100 ETF | Add +32.5% | 0.08% | +0.02 |
| FWD AB Disruptors ETF | Add +14.4% | 0.10% | +0.02 |
| JMSI JPM Sus Municipal Income | Add +19.9% | 0.14% | +0.02 |
| DFAC Dimensional US Core Equity 2 | Add +6.9% | 0.24% | +0.02 |
| ESGU iShares ESG Aware MSCI USA | Add +1.3% | 1.12% | +0.01 |
| SGOV iShares 0-3 Month Treasury B | Add +194.4% | 0.02% | +0.01 |
| VXUS Vanguard Total Intl Stock | Add +26.6% | 0.05% | +0.01 |
| IEF iShares 7-10 Year Treasury B | Add +77.5% | 0.03% | +0.01 |
| USHY iShares Broad Usd High Yield | Add +16.7% | 0.11% | +0.01 |
| GEM Goldman Sachs Activebeta Em | Add +3.6% | 0.17% | +0.01 |
| GTIP Goldman Sachs Access Inflati | Add +18.6% | 0.07% | +0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +190.9% | 0.01% | +0.01 |
| VOTE TCW Transform 500 ETF | Add +2.3% | 0.24% | +0.01 |
| GSJY Goldman Activebeta JP Eq ETF | Add +6.9% | 0.09% | +0.01 |
| GSSC Goldman Sachs Activebeta US | Add +3.8% | 0.12% | +0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +39.2% | 0.02% | +0.01 |
| GRNB Vaneck Green Bond ETF | New | 0.01% | +0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +17.7% | 0.06% | +0.01 |
| DFSU Dimensional US Sus CORE1 ETF | Add +37.1% | 0.02% | +0.01 |
| ESML iShares ESG Aware MSCI USA S | Add +1.9% | 0.16% | +0.00 |
| DFIC Dimensional International Co. | Add +6.9% | 0.10% | +0.00 |
| DCOR Dimensional US Core Eq 1 ETF | Add +11.0% | 0.04% | +0.00 |
| DFLV Dim US Large Cap Value ETF | Add +11.6% | 0.04% | +0.00 |
| HISF First TR Hi Inc. Strat Foc | New | 0.00% | +0.00 |
| DUSB Dimension Ultrashort Fi ETF | Add +109.8% | 0.01% | +0.00 |
| DFCF Dimensional Core Fixed Inc. | Add +10.7% | 0.10% | +0.00 |
| DFUS Dimensional US Eq MKT ETF | Add +14.9% | 0.03% | +0.00 |
| LQDH iShares Int Hedg Corp. BD ETF | New | 0.00% | +0.00 |
| VT Vanguard Tot World STK ETF | Add +65.0% | 0.01% | +0.00 |
| GUMI Ultra Short Municipal Income | New | 0.00% | +0.00 |
| TFLO iShares Treasury Floating Ra | Add +20.1% | 0.03% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +7.5% | 0.07% | +0.00 |
| DFEM Dimensional Emrg MRKT Core | Add +5.3% | 0.05% | +0.00 |
| HYDB iShares High Yield Systemati | Add +17.6% | 0.03% | +0.00 |
| JPST JPMorgan Ultra-Short Income | Add +7.9% | 1.22% | +0.00 |
| CGDG Cap Group Dividend Growers | Add +108.6% | 0.00% | +0.00 |
| IGOV iShares International Treasu | Add +170.1% | 0.00% | +0.00 |
| DFSI Dimensional Int Sus COR1 ETF | Add +48.6% | 0.01% | +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 |