Betterment LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Betterment LLC reported 551 stock positions worth $52.5 billion. Its top holding was Vanguard Ftse Developed ETF (VEA) at 16.5% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 16.1%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 12.8%). Compared with Q3 2025, it opened 42 new positions, sold out of 13, added to 351 and reduced 152. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +6%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001633901
- Portfolio Value
- $52.5B (Q4 2025)
- SEC Filing
- 0001633901-26-000002 ↗ filed Feb 12, 2026
Holdings Value
Holdings 551 stocks · $52.5B
| VEA Vanguard Ftse Developed ETF | 16.49% | 138,588,366 | $8.7B | Add +0.8% |
| VTI VG Morningstar TS MKT ETF-US | 16.08% | 25,171,575 | $8.4B | Reduce -2.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 12.77% | 83,585,842 | $6.7B | Add +6.4% |
| VWO Vanguard Ftse Emerging Marke | 5.50% | 53,732,807 | $2.9B | Add +2.4% |
| AGG iShares Core U.S. Aggregate | 5.00% | 26,255,484 | $2.6B | Add +6.9% |
| MUB iShares National Muni Bond E | 3.88% | 18,990,218 | $2.0B | Add +9.5% |
| ITOT iShares Core S&P Total U.S. | 3.03% | 10,680,855 | $1.6B | Reduce -2.4% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 2.33% | 21,151,161 | $1.2B | Add +5.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.81% | 4,973,990 | $950.0M | Reduce -2.1% |
| BNDX Vanguard Total Intl Bond ETF | 1.80% | 19,558,275 | $945.1M | Add +6.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.67% | 18,757,519 | $879.0M | Add +3.4% |
| IEFA iShares Core MSCI Eafe ETF | 1.64% | 9,608,903 | $859.6M | Reduce -2.6% |
| GSLC Goldman Activebeta US LC ETF | 1.51% | 6,005,716 | $795.0M | Add +2.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.33% | 3,924,610 | $696.1M | Reduce -2.4% |
| JPST JPMorgan Ultra-Short Income | 1.27% | 13,181,100 | $666.8M | Add +8.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.22% | 3,019,666 | $639.5M | Reduce -2.6% |
| GBIL Goldman Sachs Access Treasur | 1.12% | 5,862,171 | $585.9M | Add +4.0% |
| ESGU iShares ESG Aware MSCI USA | 1.11% | 3,924,596 | $584.7M | Add +0.9% |
| EMB iShares JP Morgan Usd Emergi | 1.09% | 5,954,321 | $573.3M | Reduce -11.4% |
| TFI SS SPDR N Ice Muni Bond ETF | 1.05% | 12,106,265 | $553.4M | Reduce -4.0% |
| SCHF Schwab Intl Equity ETF | 1.00% | 21,860,498 | $525.5M | Reduce -2.3% |
| SCHX Schwab US Large-Cap ETF | 0.93% | 18,148,928 | $488.4M | Add +0.4% |
| STIP iShares 0-5 Year Tips Bond E | 0.85% | 4,371,869 | $447.6M | Add +5.6% |
| SCHB Schwab US Broad Market ETF | 0.81% | 16,156,262 | $423.8M | Reduce -2.1% |
| IEMG iShares Core MSCI Emerging | 0.76% | 5,912,312 | $397.4M | Reduce -3.1% |
| ESGD iShares Trust iShares ESG Aw | 0.72% | 3,947,005 | $375.3M | Add +1.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.64% | 6,707,905 | $337.3M | Add +2.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.63% | 7,414,696 | $329.3M | Reduce -1.1% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.60% | 4,659,747 | $314.2M | Add +40.6% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.57% | 1,303,736 | $300.6M | Add +0.9% |
| IWS iShares Russell Mid-Cap Valu | 0.42% | 1,550,556 | $218.7M | Reduce -2.8% |
| VOO Vanguard S&P 500 ETF | 0.37% | 312,521 | $196.0M | Add +2.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.29% | 314,854 | $153.6M | Add +2.9% |
| ESGE iShares Inc. iShares ESG Awar | 0.27% | 3,254,323 | $143.7M | Reduce -0.7% |
| GSIE Goldman Sachs Activebeta Int | 0.25% | 3,095,283 | $132.9M | Reduce -4.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.25% | 2,331,001 | $132.4M | Reduce -3.4% |
| DFAC Dimensional US Core Equity 2 | 0.25% | 3,271,394 | $129.5M | Add +3.3% |
| BND Vanguard Total Bond Market | 0.24% | 1,718,105 | $127.3M | Reduce -6.5% |
| VOTE TCW Transform 500 ETF | 0.24% | 1,572,590 | $126.2M | Add +1.1% |
| IWN iShares Russell 2000 Value E | 0.24% | 695,877 | $126.1M | Reduce -3.1% |
| SCHV Schwab US Large-Cap Value | 0.23% | 4,117,665 | $121.9M | Reduce -3.1% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.21% | 1,940,078 | $109.0M | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.18% | 141,807 | $97.1M | Reduce -2.1% |
| IAGG iShares Intl Aggregate Bond | 0.17% | 1,818,945 | $91.0M | Add +22.7% |
| GEM Goldman Sachs Activebeta Em | 0.17% | 2,175,132 | $90.5M | Add +0.0% |
| GSEU Goldman Activebta Eur Eq ETF | 0.17% | 1,970,229 | $90.0M | Reduce -0.8% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.17% | 1,495,878 | $89.3M | Reduce -0.7% |
| SPEM State Street SP PTF Em ETF | 0.16% | 1,766,357 | $82.7M | Add +0.3% |
| ESML iShares ESG Aware MSCI USA S | 0.16% | 1,783,423 | $82.0M | Add +0.1% |
| JMSI JPM Sus Municipal Income filed as J P MORGAN EXCHANGE TRADED F | 0.15% | 1,595,871 | $80.4M | Add +17.3% |
| EAGG iShares ESG Aware US Aggrega | 0.15% | 1,648,321 | $78.9M | Add +8.2% |
| IVE iShares S&P 500 Value ETF | 0.15% | 369,725 | $78.4M | Reduce -2.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.15% | 706,145 | $77.8M | Reduce -9.7% |
| VTIP Vanguard Short-Term Tips | 0.15% | 1,555,395 | $76.9M | Reduce -5.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.14% | 257,568 | $74.8M | Add +7.8% |
| EFAX State Street SPDR MSCI Eafe | 0.14% | 1,435,553 | $72.5M | Add +2.0% |
| USHY iShares Broad Usd High Yield | 0.13% | 1,795,176 | $67.1M | Add +18.8% |
| IGEB iShares Investment Grade SYS | 0.12% | 1,436,034 | $65.6M | Add +18.3% |
| ESGV Vanguard ESG US Stock ETF | 0.12% | 533,681 | $64.6M | Add +0.0% |
| BGRN iShares Usd Green Bond ETF | 0.12% | 1,345,583 | $64.5M | Add +6.9% |
| GSSC Goldman Sachs Activebeta US | 0.11% | 792,373 | $59.9M | Add +0.1% |
| IBIT iShares Bitcoin Trust ETF | 0.11% | 1,194,989 | $59.3M | Add +10.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.11% | 229,220 | $59.1M | Reduce -2.3% |
| FWD AB Disruptors ETF filed as AB ACTIVE ETFS INC | 0.11% | 540,759 | $56.5M | Add +7.2% |
| DFIC Dimensional International Co. | 0.10% | 1,563,546 | $53.9M | Add +0.6% |
| DFCF Dimensional Core Fixed Inc. | 0.10% | 1,179,477 | $50.2M | Add +3.3% |
| GSJY Goldman Activebeta JP Eq ETF | 0.09% | 1,069,668 | $49.8M | Add +0.8% |
| BSV Vanguard Short-Term Bond ETF | 0.09% | 614,397 | $48.4M | Add +2.3% |
| SCHA Schwab US Small-Cap ETF | 0.09% | 1,696,751 | $48.3M | Add +10.7% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.09% | 368,440 | $47.5M | Reduce -3.6% |
| QQQM Invesco Nasdaq 100 ETF | 0.08% | 174,080 | $44.0M | Add +13.0% |
| GMUB GS Municipal Income ETF | 0.08% | 831,786 | $42.6M | Add +7.2% |
| GCOR Goldman Sachs Access US Agg | 0.08% | 1,024,281 | $42.5M | Add +4.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 69,148 | $42.5M | Reduce -1.9% |
| SUSA iShares ESG Optimized MSCI U | 0.08% | 287,687 | $40.1M | Reduce -2.9% |
| SUSC iShares ESG Aware Usd Corpor | 0.07% | 1,602,126 | $37.5M | Add +6.2% |
| GTIP Goldman Sachs Access Inflati | 0.07% | 756,947 | $37.2M | Add +9.9% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.07% | 827,737 | $35.5M | Add +18.8% |
| VIG Vanguard Dividend Apprec ETF | 0.07% | 159,921 | $35.1M | Add +3.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.06% | 107,899 | $34.0M | Add +0.5% |
| DFAI Dimensional International Co. | 0.06% | 811,656 | $30.9M | Reduce -2.4% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.06% | 561,524 | $29.6M | Add +825.0% |
| GIGB Goldman Sachs Inv GRD Corp. | 0.06% | 638,620 | $29.5M | Reduce -1.0% |
| DFEM Dimensional Emrg MRKT Core | 0.06% | 889,780 | $29.4M | Add +4.0% |
| VXUS Vanguard Total Intl Stock | 0.06% | 382,801 | $28.9M | Add +7.7% |
| DFAU Dimensional US Core Equity M | 0.05% | 604,692 | $28.3M | Reduce -4.8% |
| EEMX State Street SPDR MSCI Emerg | 0.05% | 603,347 | $25.7M | Reduce -2.1% |
| GEMD Goldman Access Em Usd Bond | 0.05% | 601,446 | $25.5M | Add +2.8% |
| DFLV Dim US Large Cap Value ETF | 0.05% | 740,678 | $25.3M | Add +10.0% |
| DCOR Dimensional US Core Eq 1 ETF | 0.05% | 342,376 | $25.2M | Add +10.4% |
| BNDW Vanguard Total World Bond Et | 0.05% | 361,416 | $24.8M | Add +8.1% |
| JUST Goldman Sachs Just US LRG | 0.05% | 252,278 | $24.4M | Add +2.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.05% | 86,435 | $24.1M | Add +2.2% |
| BIV Vanguard Intermediate-Term B | 0.05% | 304,192 | $23.7M | Add +7.8% |
| SUB iShares Short-Term National | 0.04% | 199,422 | $21.3M | Reduce -3.1% |
| DFAT Dimensional US Target Value | 0.04% | 357,340 | $21.3M | Reduce -0.2% |
| ETHA iShares Ethereum Trust ETF | 0.04% | 891,994 | $20.0M | Add +3.4% |
| TFLO iShares Treasury Floating Ra | 0.04% | 391,135 | $19.7M | Add +18.0% |
| USDX Sgi Enhanced Core ETF | 0.04% | 745,523 | $19.1M | Reduce -0.8% |
| VGLT Vanguard Long-Term Treasury | 0.04% | 336,442 | $18.8M | Add +1.7% |
Portfolio Sells Q3 2025 → Q4 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.4% | 16.08% | −0.64 |
| EMB iShares JP Morgan Usd Emergi | Reduce -11.4% | 1.09% | −0.17 |
| ITOT iShares Core S&P Total U.S. | Reduce -2.4% | 3.03% | −0.12 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -4.0% | 1.05% | −0.08 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.6% | 1.64% | −0.06 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.1% | 1.81% | −0.06 |
| FALN iShares Fallen Angels ETF | Sold out | 0.00% | −0.06 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -2.4% | 1.33% | −0.06 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -2.6% | 1.22% | −0.06 |
| IEMG iShares Core MSCI Emerging | Reduce -3.1% | 0.76% | −0.04 |
| SCHB Schwab US Broad Market ETF | Reduce -2.1% | 0.81% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -2.3% | 1.00% | −0.03 |
| BND Vanguard Total Bond Market | Reduce -6.5% | 0.24% | −0.03 |
| IWS iShares Russell Mid-Cap Valu | Reduce -2.8% | 0.42% | −0.02 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -9.7% | 0.15% | −0.02 |
| VTIP Vanguard Short-Term Tips | Reduce -5.1% | 0.15% | −0.02 |
| KOMP SS SPDR S&P Kensho Ne Comp | Reduce -0.7% | 0.17% | −0.02 |
| SCHV Schwab US Large-Cap Value | Reduce -3.1% | 0.23% | −0.01 |
| EMHY iShares J.P. Morgan Em High | Sold out | 0.00% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -3.4% | 0.25% | −0.01 |
| GSIE Goldman Sachs Activebeta Int | Reduce -4.9% | 0.25% | −0.01 |
| IWN iShares Russell 2000 Value E | Reduce -3.1% | 0.24% | −0.01 |
| FLOT iShares Floating Rate Bond E | Reduce -33.8% | 0.01% | −0.01 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -0.7% | 0.27% | −0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -1.1% | 0.63% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -2.1% | 0.18% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -2.3% | 0.11% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -2.3% | 0.15% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -3.6% | 0.09% | −0.00 |
| DFAU Dimensional US Core Equity M | Reduce -4.8% | 0.05% | −0.00 |
| GIGB Goldman Sachs Inv GRD Corp. | Reduce -1.0% | 0.06% | −0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -2.9% | 0.08% | −0.00 |
| SUB iShares Short-Term National | Reduce -3.1% | 0.04% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.9% | 0.08% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -2.6% | 0.03% | −0.00 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -3.8% | 0.03% | −0.00 |
| SCHM Schwab US Mid Cap ETF | Reduce -25.6% | 0.01% | −0.00 |
| AVUV Avantis US Small Cap Value | Reduce -4.5% | 0.03% | −0.00 |
| MEAR Ishrs Short Mat Muni Act ETF | Reduce -9.7% | 0.01% | −0.00 |
| USDX Sgi Enhanced Core ETF | Reduce -0.8% | 0.04% | −0.00 |
| EEMX State Street SPDR MSCI Emerg | Reduce -2.1% | 0.05% | −0.00 |
| CBTJ Calamos Bitcoin 80 P ETF Jan | Reduce -9.6% | 0.00% | −0.00 |
| PCY Invesco Emerging Markets Sov | Reduce -30.9% | 0.00% | −0.00 |
| IEUR iShares Core MSCI Europe ETF | Reduce -4.7% | 0.03% | −0.00 |
| EXCHANGE TRADED CONCEPTS TRU | Sold out | 0.00% | −0.00 |
| DFAE Dimensional Emerging Core Eq | Reduce -4.6% | 0.02% | −0.00 |
| GVI iShares Intermediate Governm | Reduce -25.1% | 0.00% | −0.00 |
| AVDV Avantis Intl S/C Value ETF | Reduce -7.3% | 0.02% | −0.00 |
| CGDV Cap Group Dividend Value | Reduce -10.7% | 0.01% | −0.00 |
| IWF iShares Russell 1000 Growth | Reduce -13.5% | 0.01% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +6.4% | 12.77% | +0.61 |
| MUB iShares National Muni Bond E | Add +9.5% | 3.88% | +0.23 |
| VEA Vanguard Ftse Developed ETF | Add +0.8% | 16.49% | +0.22 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +40.6% | 0.60% | +0.16 |
| AGG iShares Core U.S. Aggregate | Add +6.9% | 5.00% | +0.13 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +5.1% | 2.33% | +0.06 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +825.0% | 0.06% | +0.05 |
| JPST JPMorgan Ultra-Short Income | Add +8.2% | 1.27% | +0.05 |
| CLOA iShares Aaa Clo Act ETF-Usdi | New | 0.03% | +0.03 |
| QLTA iShares Aaa - A Rated Corpor | New | 0.03% | +0.03 |
| IAGG iShares Intl Aggregate Bond | Add +22.7% | 0.17% | +0.02 |
| JMSI JPM Sus Municipal Income | Add +17.3% | 0.15% | +0.02 |
| USHY iShares Broad Usd High Yield | Add +18.8% | 0.13% | +0.02 |
| IGEB iShares Investment Grade SYS | Add +18.3% | 0.12% | +0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +3.4% | 1.67% | +0.01 |
| SGOV iShares 0-3 Month Treasury B | Add +69.5% | 0.03% | +0.01 |
| GSLC Goldman Activebeta US LC ETF | Add +2.7% | 1.51% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | Add +13.0% | 0.08% | +0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +18.8% | 0.07% | +0.01 |
| SCHA Schwab US Small-Cap ETF | Add +10.7% | 0.09% | +0.01 |
| STIP iShares 0-5 Year Tips Bond E | Add +5.6% | 0.85% | +0.01 |
| FWD AB Disruptors ETF | Add +7.2% | 0.11% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +2.9% | 0.37% | +0.01 |
| BNDX Vanguard Total Intl Bond ETF | Add +6.5% | 1.80% | +0.01 |
| EAGG iShares ESG Aware US Aggrega | Add +8.2% | 0.15% | +0.01 |
| DFAC Dimensional US Core Equity 2 | Add +3.3% | 0.25% | +0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +62.0% | 0.02% | +0.01 |
| VT Vanguard Tot World STK ETF | Add +57.7% | 0.01% | +0.01 |
| DFLV Dim US Large Cap Value ETF | Add +10.0% | 0.05% | +0.00 |
| TFLO iShares Treasury Floating Ra | Add +18.0% | 0.04% | +0.00 |
| USIG iShares Broad Usd Investment | Add +18.4% | 0.03% | +0.00 |
| DCOR Dimensional US Core Eq 1 ETF | Add +10.4% | 0.05% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +7.8% | 0.14% | +0.00 |
| HYDB iShares High Yield Systemati | Add +18.6% | 0.03% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +17.0% | 0.03% | +0.00 |
| GLD SPDR Gold Shares | Add +43.6% | 0.01% | +0.00 |
| VXUS Vanguard Total Intl Stock | Add +7.7% | 0.06% | +0.00 |
| GOOG Alphabet Inc. Class C | Add +58.9% | 0.01% | +0.00 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +17.5% | 0.03% | +0.00 |
| GMUB GS Municipal Income ETF | Add +7.2% | 0.08% | +0.00 |
| BGRN iShares Usd Green Bond ETF | Add +6.9% | 0.12% | +0.00 |
| GTIP Goldman Sachs Access Inflati | Add +9.9% | 0.07% | +0.00 |
| IGLB iShares 10+ Year Inv GR Corp. | Add +18.4% | 0.03% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.9% | 0.29% | +0.00 |
| AMZN Amazon.com Inc. | Add +89.0% | 0.01% | +0.00 |
| IEF iShares 7-10 Year Treasury B | Add +14.3% | 0.03% | +0.00 |
| NVDA Nvidia Corp. | Add +61.6% | 0.01% | +0.00 |
| DFSU Dimensional US Sus CORE1 ETF | Add +13.7% | 0.02% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +45.1% | 0.01% | +0.00 |
| TSLA Tesla Inc. | Add +255.8% | 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 |