Managers / Q2 2024 · view latest →

Betterment LLC

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

Reported Value

$38.6B

Q2 2024

Positions

392

Filings on Record

2019–present window

Filed

Aug 14, 2024

original filing

Summary

Betterment LLC reported $38.6B in U.S.-listed holdings across 392 positions for Q2 2024.

The portfolio is heavily concentrated: VTI alone accounts for 26.4% of reported value.

Compared with Q1 2024, the fund opened 55 new positions and exited 15.

Portfolio Metrics

Turnover

+2.3%

vs prior filed quarter

Top-10 Concentration

+95.9%

share of reported value

Largest Position

+26.4%

Vanguard Index Fds

New / Exited

55 / 15

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% · $38.6B
Common Stock · 0.0% · $17M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
SHM SPDR State Street Global Advisors	NEW	+1.35M	1.35M	+$64M	$64M
GSEU Goldman Sachs	NEW	+260.3K	260.3K	+$9M	$9M
JP Morgan Investment Management Inc	NEW	+174.7K	174.7K	+$9M	$9M
BNDW Vanguard Total World Bond ETF	NEW	+60.8K	60.8K	+$4M	$4M
Summit Global Investments LLC	NEW	+117.8K	117.8K	+$3M	$3M
GSJY Goldman Sachs	NEW	+57.6K	57.6K	+$2M	$2M
DYNF BLACKROCK ETF TRUST	NEW	+34.4K	34.4K	+$2M	$2M
VRIG Invesco	NEW	+35.6K	35.6K	+$895,000	$895,000

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

Holdings — Q2 2024

110 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VTI VANGUARD INDEX FDS	TOTAL STK MKT · VALUE ETF · MCAP VL IDXVIP · SM CP VAL ETF · S&P 500 ETF SHS · GROWTH ETF · SMALL CP ETF · 500 GRTH IDX F · 500 VAL IDX FD · REAL ESTATE ETF · MID CAP ETF	26.42%	$10.2B	43.67M
2	AGG ISHARES TR	CORE US AGGBD ET · NATIONAL MUN ETF · CORE S&P TTL STK · CORE MSCI EAFE · JPMORGAN USD EMG · RUS MDCP VAL ETF · SHORT TREAS BD · RUS 2000 VAL ETF · CORE S&P500 ETF · S&P 500 VAL ETF · CORE INTL AGGR · IBOXX INV CP ETF · INVESTMENT GRADE · CALIF MUN BD ETF · CORE S&P SCP ETF · MBS ETF · NEW YORK MUN ETF · HIGH YLD SYSTM B · 7-10 YR TRSY BD · ISHS 1-5YR INVS · 0-3 MNTH TREASRY · S&P MC 400VL ETF · TIPS BD ETF · CORE S&P MCP ETF · MSCI EAFE ETF · INTRM GOV CR ETF · CORE 1 5 YR USD · USD INV GRDE ETF · ISHS 5-10YR INVT · RUSSELL 2000 ETF · EAFE VALUE ETF · RUS 1000 VAL ETF · S&P 500 GRWT ETF · CORE S&P US GWT · RUSSELL 3000 ETF · MSCI AC ASIA ETF · 3 7 YR TREAS BD · 1 3 YR TREAS BD · RUS 1000 ETF · IBOXX HI YD ETF · SP SMCP600VL ETF · 10-20 YR TRS ETF · PFD AND INCM SEC · EAFE SML CP ETF · 20 YR TR BD ETF	19.29%	$7.4B	74.81M
3	VEA VANGUARD TAX MANAGED INTL FD history →	VAN FTSE DEV MKT	15.95%	$6.2B	124.62M
4	SPYM SPDR State Street Global Advisors	PORTFOLIO S&P500 · PORTFOLIO S&P400 · PORTFOLIO S&P600 · PRTFLO S&P500 VL · SPDR S&P 500 ETF · NUVEEN BLMBRG SH · MSCI EAFE FS ETF · PORTFOLIO DEVLPD · MSCI EMR MKT ETF · PORTFOLIO EMG MK · NUVEEN BLOOMBERG · SPDR MSCI USA GE · PRTFLO S&P500 GW · PORTFOLI S&P1500 · PORTFOLIO SHORT · MSCI EAFE STRTGC · S&P 600 SMCP VAL · SPDR GLD MINIS · PORTFLI HIGH YLD · BLACKSTONE SENR · PORTFOLIO AGRGTE · SBI INT-UTILS · MULT ASS RLRTN · SPDR TR TACTIC · INDL · PORTFOLIO SH TSR	12.04%	$4.6B	84.60M
5	VWO VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF · GLB EX US ETF · FTSE SMCAP ETF	6.67%	$2.6B	58.81M
6	IEMG ISHARES INC	CORE MSCI EMKT · ESG AWR MSCI USA · 0-5 YR TIPS ETF · ESG AW MSCI EAFE · MSCI LW CRB TG · ESG AWR MSCI EM · USD GRN BOND ETF · MSCI KLD400 SOC · ESG AWR US AGRGT · ESG AWRE USD ETF · MSCI USA ESG SLC · TRS FLT RT BD · FLTG RATE NT ETF · FALN ANGLS USD · 0-5YR HI YL CP · EXPONENTIAL TECH · JP MRGN EM HI BD · BROAD USD HIGH · MSCI USA MMENTM · RUS TP200 GR ETF · SHRT NAT MUN ETF · BLACKROCK SH DUR · RUS 1000 GRW ETF · MSCI USA QLT FCT · CORE MSCI TOTAL · MSCI INTL MOMENT · BLACKROCK ULTRA · MSCI INTL QUALTY · ESG ADV TTL USD · CORE TOTAL USD · MRGSTR MD CP GRW · RUS 2000 GRW ETF · CORE LT USDB ETF · S&P 100 ETF · ESG EAFE ETF · MSCI EMRG CHN · US TREAS BD ETF · EAFE GRWTH ETF · CRE U S REIT ETF · CORE DIV GRWTH · RUS MD CP GR ETF · S&P MC 400GR ETF · CORE MSCI INTL · U.S. TECH ETF · RUS MID CAP ETF · ESG MSCI USA ETF · MSCI USA VALUE · S&P SML 600 GWT · ESG AWRE 1 5 YR · GNMA BOND ETF · ISHARES · CONV BD ETF	5.45%	$2.1B	29.42M
7	GSLC Goldman Sachs	ACTIVEBETA US LG · ACCES TREASURY · ACTIVEBETA INT · ACTIVEBETA EME · ACCESS INVT GR · ACCESS US AGRAT · ACCESS HIG YLD · ACTIVEBETA EUR · ACCESS INFLATI · ACTIVEBETA JAP · COM	3.86%	$1.5B	21.59M
8	SCHF SCHWAB STRATEGIC TR	INTL EQTY ETF · US BRD MKT ETF · US LCAP VA ETF · US LRG CAP ETF · US REIT ETF · US SML CAP ETF · US LCAP GR ETF · EMRG MKTEQ ETF · US DIVIDEND EQ · US MID-CAP ETF · FUNDAMENTAL INTL · US TIPS ETF · US AGGREGATE B	2.82%	$1.1B	22.39M
9	BNDX VANGUARD CHARLOTTE FDS history →	TOTAL INT BD ETF	2.59%	$1000M	20.54M
10	TFI SPDR SERIES TRUST	NUVEEN BLMBRG MU · BLOOMBERG HIGH Y · PORTFOLIO LN TSR · BLOOMBERG 1-3 MO · ICE PFD SEC ETF · PORTFLI INTRMDIT	0.84%	$326M	7.07M
11	JPST JP Morgan history →	ULTRA SHRT INC	0.68%	$261M	5.18M
12	DFAU Dimensional Fund Advisors	US CORE EQT MKT · INTL CORE EQUITY · CORE FIXED INCOM · INTL CORE EQT MK · EMERGING MKTS CO · SHORT DURATION F · US CORE EQUITY 1 · EMGR CRE EQT MNG · US LARGE CAP VAL · WORLD EX US CORE · INTERNATNAL VAL · US REAL ESTATE E · GLOBAL EX US COR · GLOBAL CR ETF · EMERGING MKTS VA · INTL SMALL CAP E · US SMALL CAP VAL · GLOBAL REAL EST · US HIGH PROFITAB · EMERGING MKTS HI · US SUSTAINABILTY · INTL SMALL CAP V · WORLD EQUITY ETF · NATL MUN BD ETF · INTERNATIONAL · GLOBAL CORE PLUS · INTL HIGH PROFIT · US MKTWIDE VALUE · GLOBAL SUSTAINA	0.54%	$209M	6.44M
13	BND VANGUARD BD INDEX FD INC	TOTAL BND MRKT · SHORT TRM BOND · INTERMED TERM · LONG TERM BOND · LONG TERM TREAS · MTG-BKD SECS ETF · TAX EXEMPT BD	0.47%	$182M	2.62M
14	VTIP VANGUARD MALVERN FDS history →	STRM INFPROIDX	0.38%	$146M	3.01M
15	VWOB VANGUARD WHITEHALL FDS INC	EM MK GOV BD ETF · HIGH DIV YLD	0.33%	$127M	2.00M
16	ESGV VANGUARD	ESG US STK ETF · MCAP GR IDXVIP · INTL DVD ETF · ALLWRLD EX US · SML CP GRW ETF · LARGE CAP ETF · SHRT TRM CORP BD · SHORT TERM TREAS · TT WRLD ST ETF · ESG INTL STK ETF · MEGA GRWTH IND · EXTEND MKT ETF · MIDCP 400 GRTH · INTER TERM TREAS · INTL HIGH ETF · INF TECH ETF · SMLCP 600 VAL · MEGA CAP VAL ETF · MEGA CAP INDEX · CONSUM STP ETF · HEALTH CAR ETF	0.23%	$89M	837.5K
17	DFAC Dimensional	US CORE EQUITY 2 · US TARGETED VLU · US EQUITY ETF · US SMALL CAP ETF	0.23%	$87M	2.46M
18	VOTE Engine No. 1 history →	TRANSFRM 500 ETF	0.20%	$75M	1.19M
19	KOMP State Street Global Advisors Inc history →	S&P KENSHO NEW	0.19%	$73M	1.58M
20	ESML BlackRock Fund Advisors	ESG AWARE MSCI · FLEXIBLE INCOME · SHS	0.15%	$57M	1.46M
21	QQQ Invesco	UNIT SER 1 · EMRNG MKT SVRG · S&P 500 MOMNTM · VAR RATE INVT · S&P SMLCP MOMENT · S&P500 EQL WGT · GBL LISTED PVT · S&P INTL MOMNT · S&P MDCP MOMNTUM · OPTIMUM YIELD · TOTAL RETURN · FTSE RAFI DEV · S&P 500 HB ETF · S&P500 QUALITY · LARGE CAP VALUE	0.07%	$27M	266.1K
22	GMOM CAMBRIA ETF TR	GLB MOMENT ETF · VALUE MOMENTUM · GLOBAL VALUE ETF · SHSHLD YIELD ETF · EMRG SHAREHLDR · CAMBRIA FGN SHR	0.05%	$20M	671.8K
23	VIG VANGUARD SPECIALIZED PORTFOL history →	DIV APP ETF	0.04%	$17M	93.6K
24	VUSB VANGUARD BD INDEX FDS history →	VANGUARD ULTRA	0.04%	$14M	288.1K
25	GEMD Goldman Sachs Asset Management LP	ACCESS EMNG MKTS · NASDAQ 100 CORE · S&P 500 CORE PRE	0.04%	$14M	341.6K
26	Avantis	US SML CP VALU	0.03%	$13M	147.2K
27	COMB GraniteShares	BBG COMMD K 1	0.02%	$9M	466.4K
28	XSOE WisdomTree	EM EX ST-OWNED · US LARGECAP FUND · YIELD ENHANCD US · INTL SMCAP DIV · US MIDCAP DIVID · US SMALLCAP FUND	0.02%	$9M	251.6K
29	MOAT Van Eck	MRNGSTR WDE MOAT · FALLEN ANGEL HG · IG FLOATING RATE · OIL SERVICES ETF · SEMICONDUCTR ETF	0.02%	$9M	178.8K
30	JP Morgan Investment Management Inc	SUSTAINABLE MUNI	0.02%	$9M	174.7K
31	XTRACKERS	XTRACK USD HIGH	0.02%	$8M	239.5K
32	AVDV AVANTIS INTL	INTL SMCP VLU	0.02%	$7M	100.7K
33	SPY SPDR S&P 500 ETF TR	TR UNIT	0.01%	$5M	10.0K
34	AAPL APPLE INC	COM	0.01%	$5M	24.0K
35	Summit Global Investments LLC	SGI ENHANCED COR · SGI US LARGE CAP · SGI ENHANCED GLB · SGI DIVERSI TAC	0.01%	$5M	176.4K
36	AVUS AMERICAN CENTY ETF TR	US EQT ETF · AVANTIS EMGMKT · INTL EQT ETF	0.01%	$4M	51.3K
37	WTMF WISDOMTREE TR	FUTRE STRAT FD · EMG MKTS SMCAP · WISDOMTREE US VA	0.01%	$4M	104.7K
38	BNDW Vanguard Total World Bond ETF	TOTAL WLD BD ETF	0.01%	$4M	60.8K
39	Impact Shares	NAACP MINO ETF	0.01%	$4M	99.9K
40	FNDA Schwab	FUNDAMENTAL US S · FUNDAMENTAL EMER · FUNDAMENTAL US L	0.01%	$4M	80.1K
41	VCIT VANGUARD SCOTTSDALE FDS	INT-TERM CORP · TOTAL CORP BND · LG-TERM COR BD	0.01%	$3M	43.9K
42	FIXD First Trust Exchange-Traded Fund VIII	TCW OPPORTUNIS	0.01%	$3M	75.3K
43	QQQM INVESCO EXCH TRADED FD TR II	NASDAQ 100 ETF	0.01%	$3M	16.2K
44	PULS PGIM ETF TR	PGIM ULTRA SH BD	0.01%	$3M	63.9K
45	JCPB J P MORGAN EXCHANGE TRADED F	CORE PLUS BD ETF · BETABUILDRS US · EQUITY PREMIUM · BETABUILDERS I	0.01%	$3M	43.8K
46	FBND Fidelity Investments	TOTAL BD ETF · LOW VOLITY ETF · HIGH DIVID ETF	0.01%	$3M	55.0K
47	CGMS Capital Research and Management Co	US MULTI-SECTOR · SHS CREATION UNI	0.01%	$3M	84.2K
48	BITB Bitwise Asset Management Inc	SHS BEN INT	0.01%	$2M	72.5K
49	COWZ Pacer	US CASH COWS 100	0.01%	$2M	42.2K
50	UOCT Innovator Capital Management LLC	US EQTY ULTRA B · DEFINED WLT SHLD · US EQTY PWR BUF · US EQTY BUF OCT	0.01%	$2M	61.4K
51	MSFT MICROSOFT CORP	COM	0.01%	$2M	4.5K
52	VXUS VANGUARD STAR FD	VG TL INTL STK F	0.01%	$2M	33.1K
53	ARKW Ark ETF Trust	NEXT GNRTN INTER · INNOVATION ETF	0.00%	$2M	28.5K
54	VIOO VANGUARD ADMIRAL FDS INC	SMLLCP 600 IDX	0.00%	$2M	19.1K
55	PFEB INNOVATOR ETFS TRUST	US EQTY PWR BUF · US EQTY PWR BF	0.00%	$2M	49.6K
56	DYNF BLACKROCK ETF TRUST	US EQT FACTOR	0.00%	$2M	34.4K
57	GLD SPDR GOLD TRUST	GOLD SHS	0.00%	$1M	6.5K
58	EMLP FIRST TR EXCHANGE TRADED FD	NO AMER ENERGY	0.00%	$1M	42.1K
59	HYD MARKET VECTORS ETF TR	HIGH YLD MUNIETF	0.00%	$1M	24.5K
60	RDVY First Trust	RISNG DIVD ACHIV · NASDAQ CYB ETF	0.00%	$1M	22.4K
61	JHMM John Hancock	MULTIFACTOR MI	0.00%	$1M	22.1K
62	EA Series Trust	US QUAN VALUE · INTL QUAN VALUE · INTL QUAN MOMNTM	0.00%	$1M	38.2K
63	XLE SELECT SECTOR SPDR TR	ENERGY	0.00%	$1M	12.6K
64	SCHR Schwab ETFs	INT-TRM U.S TRES	0.00%	$1M	23.5K
65	EMLC VANECK VECTORS TR	JP MRGAN EM LOC	0.00%	$946,000	39.8K
66	AVGE American Century Investment Management Inc	AVANTIS CORE FI · AVANTIS ALL EQT	0.00%	$834,000	16.3K
67	BLDG Cambria Funds	GBL REAL EST ETF	0.00%	$831,000	34.9K
68	JAAA JANUS DETROIT STR TR	HENDRSON AAA CL	0.00%	$759,000	14.9K
69	TXN TEXAS INSTRS INC	COM	0.00%	$755,000	3.9K
70	INDEXIQ ETF TR	HEDGE MLTI ETF	0.00%	$699,000	22.5K
71	BOND PIMCO ETF TR	ACTIVE BD ETF · ENHAN SHRT MA AC	0.00%	$686,000	7.3K
72	LMT LOCKHEED MARTIN CORP	COM	0.00%	$667,000	1.4K
73	EXMOC EXXON MOBIL CORP	COM	0.00%	$645,000	5.6K
74	DBX ETF TR	XTRACK HRVST CSI · XTRACK MSCI EAFE	0.00%	$613,000	22.1K
75	HD HOME DEPOT INC	COM	0.00%	$582,000	1.7K
76	PG PROCTER AND GAMBLE CO	COM	0.00%	$569,000	3.5K
77	CMCSA COMCAST CORP NEW	CL A	0.00%	$568,000	14.5K
78	PACER FDS TR	PACER US SMALL	0.00%	$565,000	13.0K
79	SIVR ABRDN SILVER ETF TRUST	PHYSCL SILVR SHS	0.00%	$544,000	19.5K
80	NOBL ProShares	S&P 500 DV ARIST · PRIV EQTY-LSTD	0.00%	$527,000	11.2K
81	IAU ISHARES GOLD TRUST	ISHARES NEW	0.00%	$515,000	11.7K
82	MCD MCDONALDS CORP	COM	0.00%	$510,000	2.0K
83	ETFS GOLD TR	PHYSCL GOLD SHS	0.00%	$507,000	22.8K
84	BKLC BNY MELLON ETF TRUST	US LRG CP CORE	0.00%	$505,000	4.9K
85	INTU INTUIT	COM	0.00%	$462,000	703
86	GOOG ALPHABET INC	CAP STK CL C	0.00%	$457,000	2.5K
87	AZO AUTOZONE INC	COM	0.00%	$448,000	151
88	ACGL Arch Capital Group Ltd	ORD	0.00%	$447,000	4.4K
89	NVDA NVIDIA CORPORATION	COM	0.00%	$437,000	3.5K
90	UITB VICTORY PORTFOLIOS II	CORE INTERMEDIAT	0.00%	$411,000	8.9K
91	ABBV ABBVIE INC	COM	0.00%	$366,000	2.1K
92	MUNI PIMCO	INTER MUN BD ACT	0.00%	$358,000	6.9K
93	ABT ABBOTT LABS	COM	0.00%	$341,000	3.3K
94	AMZN AMAZON COM INC	COM	0.00%	$339,000	1.8K
95	XLV Health	SBI HEALTHCARE	0.00%	$338,000	2.3K
96	WMT WALMART INC	COM	0.00%	$318,000	4.7K
97	ROST ROSS STORES INC	COM	0.00%	$276,000	1.9K
98	HODL Vaneck Digital Assets LLC	SH BEN INT	0.00%	$274,000	4.0K
99	J P MORGAN EXCHANGE TRADED	US QUALTY FCTR	0.00%	$273,000	5.2K
100	F/m Investments LLC	US TREAS 3 MNTH	0.00%	$257,000	5.1K

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 ↗

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 ↗.