Managers / Q2 2022 · view latest →
Betterment LLC
CIK 0001633901 · 450 WEST 33RD STREET, FL 11, NEW YORK, NY, 10001 · 212-228-1328
Reported Value
$28.0B
Q2 2022
Positions
223
Filings on Record
30
2019–present window
Filed
Aug 10, 2022
original filing
Summary
Betterment LLC reported $28.0B in U.S.-listed holdings across 223 positions for Q2 2022.
The portfolio is heavily concentrated: VTI alone accounts for 33.8% of reported value.
Compared with Q1 2022, the fund opened 16 new positions and exited 17.
Portfolio Metrics
Turnover
+0.5%
vs prior filed quarter
Top-10 Concentration
+96.5%
share of reported value
Largest Position
+33.8%
Vanguard Index Fds
New / Exited
16 / 17
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
Portfolio Composition
By security type
- ETP · 100.0% · $28.0B
- Other · 0.0% · $430,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GEMDGOLDMAN SACHS ETF TR | NEW | +158.8K | 158.8K | +$6M | $6M |
| USMVISHARES TR | NEW | +21.4K | 21.4K | +$2M | $2M |
| BILSPDR SERIES TRUST | NEW | +15.4K | 15.4K | +$1M | $1M |
| IYKISHARES TR | NEW | +6.6K | 6.6K | +$1M | $1M |
| XLUSELECT SECTOR SPDR TR | NEW | +14.7K | 14.7K | +$1M | $1M |
| PSKSPDR SER TR | NEW | +23.0K | 23.0K | +$824,000 | $824,000 |
| XLVSELECT SECTOR SPDR TR | NEW | +5.0K | 5.0K | +$637,000 | $637,000 |
| DFCFDIMENSIONAL ETF TRUST | NEW | +9.7K | 9.7K | +$421,000 | $421,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2022
57 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VTIVANGUARD INDEX FDS | TOTAL STK MKT · VALUE ETF · MCAP VL IDXVIP · SM CP VAL ETF · SP 500 ETF SHS · GROWTH ETF · SMALL CP ETF · MCAP GR IDXVIP · SML CP GRW ETF · REAL ESTATE ETF · EXTEND MKT ETF | 33.75% | $9.4B | 58.12M |
| 2 | ITOTISHARES TR | CORE SP TTL STK · CORE US AGGBD ET · JPMORGAN USD EMG · NATIONAL MUN ETF · CORE MSCI EAFE · SHORT TREAS BD · RUS MDCP VAL ETF · ESG AW MSCI EAFE · ESG AWR MSCI USA · RUS 2000 VAL ETF · MSCI LW CRB TG · SP 500 VAL ETF · MSCI KLD400 SOC · USD GRN BOND ETF · MSCI USA ESG SLC · IBOXX INV CP ETF · 7-10 YR TRSY BD · MBS ETF · ESG AWR US AGRGT · ISHS 1-5YR INVS · 0-5YR HI YL CP · ESG AWRE USD ETF · BROAD USD HIGH · FLTG RATE NT ETF · CORE MSCI INTL · 1 3 YR TREAS BD · FALN ANGLS USD · SP MC 400VL ETF · CORE SP500 ETF · 20 YR TR BD ETF · NEW YORK MUN ETF · CALIF MUN BD ETF · ESG AWRE 1 5 YR · CORE INTL AGGR · ESG ADV TTL USD · IBOXX HI YD ETF · CORE 1 5 YR USD · MSCI USA MIN VOL · MSCI USA MMENTM · US CONSM STAPLES · CORE TOTAL USD · TIPS BD ETF · CORE LT USDB ETF · CORE SP SCP ETF · INTRM GOV CR ETF · SHRT NAT MUN ETF · MSCI INTL MOMENT · CORE SP MCP ETF · RUS 1000 ETF · 10+ YR INVST GRD · RUS 2000 GRW ETF · RUSSELL 3000 ETF · 10-20 YR TRS ETF · ESG MSCI USA ETF · MSCI INTL QUALTY · ESG EAFE ETF · EAFE GRWTH ETF · US TREAS BD ETF · SP 500 GRWT ETF · EAFE VALUE ETF · MSCI AC ASIA ETF · CORE MSCI TOTAL · MSCI USA VALUE · 0-3 MNTH TREASRY · ESG AWARE MSCI · MSCI USA QLT FCT · GLOBAL REIT ETF | 19.90% | $5.6B | 64.33M |
| 3 | VEAVANGUARD TAX MANAGED INTL FDhistory → | VAN FTSE DEV MKT | 14.93% | $4.2B | 102.29M |
| 4 | VWOVANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF · GLB EX US ETF · F ALLWRLD EX US | 9.87% | $2.8B | 66.22M |
| 5 | BNDXVANGUARD CHARLOTTE FDShistory → | TOTAL INT BD ETF | 5.96% | $1.7B | 33.62M |
| 6 | SCHFSCHWAB STRATEGIC TR | INTL EQTY ETF · US BRD MKT ETF · US LCAP VA ETF · US REIT ETF · US LRG CAP ETF · EMRG MKTEQ ETF · US TIPS ETF · US LCAP GR ETF · SCHWAB FDT US SC · SCHWB FDT INT LG | 3.65% | $1.0B | 27.39M |
| 7 | GBILGOLDMAN SACHS ETF TR | ACCES TREASURY · ACTIVEBETA US LG · ACTIVEBETA INT · ACTIVEBETA EME · ACCESS INVT GR · ACCESS HIG YLD · ACCESS US AGRAT · ACCESS EMNG MKTS · ACCESS INFLATI | 3.05% | $853M | 13.38M |
| 8 | TFISPDR SERIES TRUST | NUVEEN BLMBRG MU · BLOOMBERG 1-3 MO · PORTFOLIO INTRMD | 1.80% | $504M | 10.98M |
| 9 | IEMGISHARES INC | CORE MSCI EMKT · ESG AWR MSCI EM · MSCI GBL MIN VOL · MSCI EMERG MRKT · JP MRGN EM HI BD | 1.79% | $501M | 10.88M |
| 10 | VTIPVANGUARD MALVERN FDShistory → | STRM INFPROIDX | 1.78% | $499M | 9.95M |
| 11 | KOMPSPDR SER TR | PRTFLO SP500 VL · SPDR SP 500 ETF · SP KENSHO NEW · SP 600 SMCP VAL · PORTFOLIO LN TSR · SSGA GNDER ETF · PORTFOLIO SP500 · ICE PFD SEC ETF · PRTFLO SP500 GW · BLOOMBERG HIGH Y · SPDR SP1500VL | 0.70% | $196M | 4.06M |
| 12 | JPSTJ P MORGAN EXCHANGE TRADED Fhistory → | ULTRA SHRT INC | 0.67% | $186M | 3.71M |
| 13 | BNDVANGUARD BD INDEX FD INC | TOTAL BND MRKT · SHORT TRM BOND · INTERMED TERM · LONG TERM BOND | 0.55% | $154M | 2.03M |
| 14 | VWOBVANGUARD WHITEHALL FDS INC | EM MK GOV BD ETF · INTL DVD ETF · HIGH DIV YLD · INTL HIGH ETF | 0.42% | $118M | 1.90M |
| 15 | EFAXSPDR INDEX SHS FDS | MSCI EAFE FS ETF · MSCI EMR MKT ETF · PORTFOLIO EMG MK · PORTFOLIO DEVLPD | 0.27% | $76M | 1.45M |
| 16 | DFACDIMENSIONAL ETF TRUST | US CORE EQUITY 2 · US CORE EQT MKT · WORLD EX US CORE · INTL CORE EQT MK · EMGR CRE EQT MNG · US EQUITY ETF · CORE FIXED INCOM · US SMALL CAP ETF · US TARGETED VLU | 0.14% | $39M | 1.60M |
| 17 | ESGVVANGUARD WORLD FD | ESG US STK ETF · ESG INTL STK ETF · MEGA GRWTH IND | 0.14% | $38M | 620.2K |
| 18 | VOTEENGINE NO 1 ETF TRUSThistory → | TRANSFRM 500 ETF | 0.13% | $35M | 805.2K |
| 19 | GMOMCAMBRIA ETF TR | GLB MOMENT ETF · VALUE MOMENTUM · GLOBAL VALUE ETF · SHSHLD YIELD ETF · CAMBRIA FGN SHR · GBL REAL EST ETF · EMRG SHAREHLDR | 0.09% | $24M | 877.8K |
| 20 | VMBSVANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF · SHORT TERM TREAS · LG-TERM COR BD · INT-TERM CORP · LONG TERM TREAS · INTER TERM TREAS | 0.07% | $18M | 322.3K |
| 21 | NEARISHARES U S ETF TRhistory → | BLACKROCK ST MAT | 0.04% | $11M | 217.8K |
| 22 | WTMFWISDOMTREE TR | FUTRE STRAT FD · EM EX ST-OWNED · US LARGECAP FUND · YIELD ENHANCD US · INTL SMCAP DIV · EMG MKTS SMCAP · US MIDCAP DIVID · US SMALLCAP FUND · WISDOMTREE US VA | 0.04% | $11M | 300.4K |
| 23 | COMBGRANITESHARES ETF TR | BBG COMMD K 1 | 0.04% | $10M | 325.8K |
| 24 | VOOVVANGUARD ADMIRAL FDS INC | 500 VAL IDX FD · 500 GRTH IDX F · SMLLCP 600 IDX · MIDCP 400 GRTH | 0.03% | $8M | 46.4K |
| 25 | QQQINVESCO QQQ TR | UNIT SER 1 | 0.03% | $7M | 26.6K |
| 26 | LTPZPIMCO ETF TR | 15+ YR US TIPS | 0.02% | $7M | 101.4K |
| 27 | PCYINVESCO EXCH TRADED FD TR | EMRNG MKT SVRG | 0.02% | $5M | 292.9K |
| 28 | DBX ETF TR | XTRACK USD HIGH · XTRACK HRVST CSI | 0.02% | $5M | 152.4K |
| 29 | VCSHVANGUARD SCOTTSDALE FDS S | SHRT TRM CORP BD | 0.02% | $5M | 64.9K |
| 30 | ANGLVANECK ETF TRUST | FALLEN ANGEL HG · JP MRGAN EM LOC · HIGH YLD MUNIETF · OIL SERVICES ETF | 0.01% | $4M | 133.0K |
| 31 | IMPACT SHS TR I | NAACP MINO ETF | 0.01% | $3M | 97.7K |
| 32 | XLUSELECT SECTOR SPDR TR | SBI INT-UTILS · SBI HEALTHCARE · ENERGY | 0.01% | $2M | 27.2K |
| 33 | FIXDFIRST TR EXCHNG TRADED FD VIII | TCW OPPORTUNIS | 0.01% | $2M | 44.6K |
| 34 | GLDMWORLD GOLD TR | SPDR GLD MINIS | 0.01% | $2M | 54.1K |
| 35 | EMLPFIRST TR EXCHANGE TRADED FD | NO AMER ENERGY · RISNG DIVD ACHIV | 0.01% | $2M | 61.3K |
| 36 | UOCTINNOVATOR ETFS TR | US EQTY ULTRA B · US EQTY PWR BUF · US EQTY BUF OCT | 0.01% | $2M | 62.8K |
| 37 | VIGVANGUARD SPECIALIZED PORTFOL | DIV APP ETF | 0.01% | $2M | 10.7K |
| 38 | INDEXIQ ETF TR | HEDGE MLTI ETF | 0.01% | $1M | 52.1K |
| 39 | VTEBVANGUARD MUN BD FDS | TAX EXEMPT BD | 0.01% | $1M | 29.5K |
| 40 | RSPINVESCO EXCHANGE TRADED FD | GBL LISTED PVT · SP500 EQL WGT | 0.00% | $1M | 102.8K |
| 41 | VXUSVANGUARD STAR FD | VG TL INTL STK F | 0.00% | $1M | 24.5K |
| 42 | ARKKARK ETF TR | INNOVATION ETF · NEXT GNRTN INTER | 0.00% | $1M | 25.4K |
| 43 | AVANTIS | US SML CAP VAL ETF | 0.00% | $863,000 | 12.6K |
| 44 | SPUCSIMPLIFY EXCHANGE TRADED FUN | US EQT PLS UPSID · US EQT PLS CNVEX | 0.00% | $639,000 | 24.1K |
| 45 | VTVANGUARD INTL EQUITY INDEX | TT WRLD ST ETF | 0.00% | $613,000 | 7.2K |
| 46 | PDBCINVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 0.00% | $603,000 | 33.4K |
| 47 | ABRDN GOLD ETF TRUST | PHYSCL GOLD SHS | 0.00% | $566,000 | 32.7K |
| 48 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.00% | $490,000 | 1.3K |
| 49 | AVDVAVANTIS INTL | INTL SM CAP VAL ETF | 0.00% | $450,000 | 8.5K |
| 50 | EXCHANGE TRADED CONCEPTS TR | BITWISE CRYPTO | 0.00% | $430,000 | 77.5K |
| 51 | JHMMJOHN HANCOCK EXCHANGE TRADED | MULTIFACTOR MI | 0.00% | $411,000 | 9.3K |
| 52 | PEXPROSHARES TR | PRIV EQTY-LSTD · BITCOIN STRATE | 0.00% | $400,000 | 21.3K |
| 53 | PXFINVESCO EXCH TRADED FD TR II | FTSE RAFI DEV | 0.00% | $366,000 | 9.2K |
| 54 | DBMFLITMAN GREGORY FDS TR | IMGP DBI MANAGED | 0.00% | $318,000 | 9.8K |
| 55 | EA SERIES TRUST | US QUAN VALUE | 0.00% | $298,000 | 10.0K |
| 56 | COWZPACER FDS TR | US CASH COWS 100 | 0.00% | $297,000 | 6.9K |
| 57 | OMFLINVESCO EXCH TRD SLF IDX FD | RUSL 1000 DYNM | 0.00% | $265,000 | 6.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $52.8B | 615 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $52.5B | 551 | Feb 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $50.6B | 522 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $47.0B | 497 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $42.2B | 458 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $41.9B | 444 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $41.9B | 421 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $38.6B | 392 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $37.3B | 352 | May 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $34.7B | 313 | Feb 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $31.6B | 296 | Nov 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $32.3B | 281 | Aug 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $30.9B | 265 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $29.2B | 252 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $28.0B | 223 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $28.0B | 223 | Aug 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $31.4B | 224 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $32.1B | 202 | Feb 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $29.9B | 184 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $29.4B | 163 | Aug 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $23.9B | 125 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $20.4B | 112 | Nov 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $18.8B | 115 | Aug 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $16.1B | 111 | May 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $19.4B | 112 | Jan 31, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $17.6B | 111 | Nov 7, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $17.6B | 111 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $16.5B | 109 | Apr 11, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $14.2B | 104 | Feb 6, 2019 | 13F-HR | changes · 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 ↗.