SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Betterment LLC

CIK 0001633901 · 450 WEST 33RD STREET, FL 11, NEW YORK, NY, 10001 · 212-228-1328

Reported Value
$31.4B
Q1 2022
Positions
224
Filings on Record
29
2019–present window
Filed
May 16, 2022
original filing

Summary

Betterment LLC reported $31.4B in U.S.-listed holdings across 224 positions for Q1 2022.

The portfolio is heavily concentrated: VTI alone accounts for 35.3% of reported value.

Compared with Q4 2021, the fund opened 29 new positions and exited 7.

Portfolio Metrics

Turnover
+3.0%
vs prior filed quarter
Top-10 Concentration
+96.7%
share of reported value
Largest Position
+35.3%
Vanguard Index Fds
New / Exited
29 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $16.5BQ1 ’19Q2 ’19: $17.6BQ3 ’19: $17.6BQ4 ’19: $19.4BQ1 ’20: $16.1BQ1 ’20Q2 ’20: $18.8BQ3 ’20: $20.4BQ4 ’20: $23.9BQ2 ’21: $29.4BQ2 ’21Q3 ’21: $29.9BQ4 ’21: $32.1BQ1 ’22: $31.4BQ2 ’22: $28.0BQ2 ’22Q3 ’22: $28.0BQ4 ’22: $29.2BQ1 ’23: $30.9BQ2 ’23: $32.3BQ2 ’23Q3 ’23: $31.6BQ4 ’23: $34.7BQ1 ’24: $37.3BQ2 ’24: $38.6BQ2 ’24Q3 ’24: $41.9BQ4 ’24: $41.9BQ1 ’25: $42.2BQ2 ’25: $47.0BQ2 ’25Q3 ’25: $50.6BQ4 ’25: $52.5BQ1 ’26: $52.8Bfilingsflow.com

Portfolio Composition

By security type
ETP: 100.0%Other: 0.0%
  • ETP · 100.0% · $31.4B
  • Other · 0.0% · $827,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VIGIVanguardNEW+49.1K49.1K+$4M$4M
GLDMSPDR State Street Global AdvisorsNEW+56.7K56.7K+$2M$2M
UOCTInnovatorNEW+32.2K32.2K+$911,000$911,000
Exchange Traded Concepts LLCNEW+32.9K32.9K+$571,000$571,000
PWZInvescoNEW+21.5K21.5K+$556,000$556,000
VGITVanguardNEW+7.4K7.4K+$466,000$466,000
POCTInnovatorNEW+15.3K15.3K+$462,000$462,000
OIHVan EckNEW+1.6K1.6K+$450,000$450,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

56 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTIVANGUARD INDEX FDSCommon35.28%$11.1B58.10M
2ITOTISHARES TRCommon17.19%$5.4B54.11M
3VEAVANGUARD TAX MANAGED INTL FDhistory →Common14.76%$4.6B96.61M
4VWOVANGUARD INTL EQUITY INDEX FCommon9.32%$2.9B63.46M
5BNDXVANGUARD CHARLOTTE FDShistory →Common5.61%$1.8B33.63M
6IEMGISHARES INCCommon4.82%$1.5B22.94M
7SCHFSCHWAB STRATEGIC TRCommon3.86%$1.2B27.64M
8GBILGoldman SachsCommon2.65%$834M12.03M
9VTIPVANGUARD MALVERN FDShistory →Common1.66%$523M10.21M
10TFISPDR SERIES TRUSTCommon1.56%$490M10.30M
11EFAXSPDR State Street Global AdvisorsCommon0.81%$255M4.14M
12JPSTJP Morganhistory →Common0.59%$185M3.68M
13BNDVANGUARD BD INDEX FD INCCommon0.56%$175M2.26M
14VWOBVANGUARD WHITEHALL FDS INCCommon0.51%$160M2.28M
15ESGVVANGUARDCommon0.20%$64M775.0K
16VOTEEngine No. 1history →Common0.11%$36M680.7K
17GMOMCAMBRIA ETF TRCommon0.08%$27M858.1K
18DFAUDimensional Fund AdvisorsCommon0.08%$24M843.1K
19QQQInvescoCommon0.06%$19M505.5K
20DFACDimensionalCommon0.05%$16M527.3K
21COMBGraniteSharesCommon0.03%$10M304.8K
22LTPZPIMCOCommon0.03%$8M102.8K
23VCLTVANGUARD SCOTTSDALE FDSCommon0.02%$7M80.1K
24XSOEWisdomTreeCommon0.02%$6M165.3K
25XTRACKERSCommon0.02%$6M147.7K
26WTMFWISDOMTREE TRCommon0.01%$4M115.3K
27ANGLVan EckCommon0.01%$4M87.6K
28Impact SharesCommon0.01%$3M95.2K
29FIXDFirst Trust Exchange-Traded Fund VIIICommon0.01%$2M44.8K
30ARKKArk ETF TrustCommon0.01%$2M27.7K
31RDVYFirst TrustCommon0.01%$2M35.5K
32UOCTInnovatorCommon0.01%$2M57.1K
33INDEXIQ ETF TRCommon0.00%$1M47.8K
34VIGVANGUARD SPECIALIZED PORTFOLCommon0.00%$1M8.6K
35VXUSVANGUARD STAR FDCommon0.00%$1M22.7K
36VIOOVANGUARD ADMIRAL FDS INCCommon0.00%$1M6.5K
37EMLCVANECK VECTORS TRCommon0.00%$1M47.1K
38Exchange Traded Concepts TrustCommon0.00%$1M53.8K
39EMLPFIRST TR EXCHANGE TRADED FDCommon0.00%$1M39.0K
40BLDGCambria FundsCommon0.00%$1M31.7K
41AvantisCommon0.00%$972,00012.2K
42HYDMARKET VECTORS ETF TRCommon0.00%$733,00012.8K
43SPYSPDR SP 500 ETF TRCommon0.00%$655,0001.5K
44ETFS GOLD TRCommon0.00%$626,00033.7K
45AVDVAVANTIS INTLCommon0.00%$506,0008.1K
46XLESELECT SECTOR SPDR TRCommon0.00%$426,0005.6K
47FNDASchwabCommon0.00%$418,0007.8K
48COWZPacerCommon0.00%$418,0009.4K
49SPUCSimplify Asset Management IncCommon0.00%$362,00011.1K
50JHMMJohn HancockCommon0.00%$358,0006.8K
51DBX ETF TRCommon0.00%$311,0009.4K
52DBMFDynamic Beta InvestmentsCommon0.00%$283,0009.9K
53Nationwide NasdaqCommon0.00%$256,00010.4K
54valuesharesCommon0.00%$246,0006.7K
55PEXProSharesCommon0.00%$238,0007.3K
56SCHOSchwab ETFsCommon0.00%$226,0004.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$52.8B615May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$52.5B551Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$50.6B522Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$47.0B497Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$42.2B458May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$41.9B444Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$41.9B421Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$38.6B392Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$37.3B352May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$34.7B313Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$31.6B296Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$32.3B281Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$30.9B265May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$29.2B252Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$28.0B223Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$28.0B223Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$31.4B224May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$32.1B202Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$29.9B184Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$29.4B163Aug 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$23.9B125Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$20.4B112Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$18.8B115Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$16.1B111May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$19.4B112Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$17.6B111Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$17.6B111Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$16.5B109Apr 11, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.