Managers / Q3 2024 · view latest →

Betterment LLC

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

Reported Value

$41.9B

Q3 2024

Positions

421

Filings on Record

2019–present window

Filed

Nov 14, 2024

original filing

Summary

Betterment LLC reported $41.9B in U.S.-listed holdings across 421 positions for Q3 2024.

The portfolio is heavily concentrated: VTI alone accounts for 25.4% of reported value.

Compared with Q2 2024, the fund opened 38 new positions and exited 9.

Portfolio Metrics

Turnover

+0.2%

vs prior filed quarter

Top-10 Concentration

+95.7%

share of reported value

Largest Position

+25.4%

Vanguard Index Fds

New / Exited

38 / 9

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 · 99.9% · $41.9B
Common Stock · 0.1% · $22M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
IEUR iShares	NEW	+57.4K	57.4K	+$3M	$3M
GSST GOLDMAN SACHS ETF TR	NEW	+62.3K	62.3K	+$3M	$3M
MEAR iShares	NEW	+45.8K	45.8K	+$2M	$2M
CAT CATERPILLAR INC	NEW	+4.5K	4.5K	+$2M	$2M
EWJ iShares	NEW	+16.6K	16.6K	+$1M	$1M
Summit Global Investments LLC	NEW	+41.6K	41.6K	+$1M	$1M
VNLA Janus	NEW	+20.7K	20.7K	+$1M	$1M
ETHW Bitwise Asset Management Inc	NEW	+45.9K	45.9K	+$854,000	$854,000

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

Holdings — Q3 2024

125 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 · MID CAP ETF · 500 GRTH IDX F · 500 VAL IDX FD · REAL ESTATE ETF	25.40%	$10.6B	42.58M
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 · INVESTMENT GRADE · 1 3 YR TREAS BD · IBOXX INV CP ETF · CALIF MUN BD ETF · ISHS 1-5YR INVS · CORE S&P SCP ETF · NEW YORK MUN ETF · MBS ETF · HIGH YLD SYSTM B · 7-10 YR TRSY BD · ISHS 5-10YR INVT · S&P MC 400VL ETF · CORE S&P MCP ETF · MSCI EAFE ETF · TIPS BD ETF · CORE 1 5 YR USD · INTRM GOV CR ETF · RUSSELL 2000 ETF · RUS 1000 VAL ETF · EAFE VALUE ETF · 3 7 YR TREAS BD · S&P 500 GRWT ETF · RUSSELL 3000 ETF · RUS 1000 ETF · CORE S&P US GWT · MSCI AC ASIA ETF · IBOXX HI YD ETF · 20 YR TR BD ETF · SP SMCP600VL ETF · 10-20 YR TRS ETF · PFD AND INCM SEC · EAFE SML CP ETF · MSCI EMG MKT ETF	18.85%	$7.9B	76.04M
3	VEA VANGUARD TAX MANAGED INTL FD history →	VAN FTSE DEV MKT	16.05%	$6.7B	127.35M
4	SPYM SPDR State Street Global Advisors	PORTFOLIO S&P500 · PORTFOLIO S&P400 · PORTFOLIO S&P600 · PRTFLO S&P500 VL · PORTFOLIO DEVLPD · SPDR S&P 500 ETF · MSCI EAFE FS ETF · NUVEEN BLMBRG SH · 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 · SBI INT-UTILS · PORTFOLIO AGRGTE · MULT ASS RLRTN · SPDR TR TACTIC · INDL · PORTFOLIO SH TSR · RL EST SEL SEC	13.14%	$5.5B	94.05M
5	VWO VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF · GLB EX US ETF · FTSE SMCAP ETF	6.74%	$2.8B	59.02M
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 · FALN ANGLS USD · TRS FLT RT BD · MSCI USA ESG SLC · 0-5YR HI YL CP · FLTG RATE NT ETF · BROAD USD HIGH · EXPONENTIAL TECH · JP MRGN EM HI BD · CORE MSCI EURO · MSCI USA MMENTM · RUS TP200 GR ETF · SHRT NAT MUN ETF · BLACKROCK SH DUR · RUS 1000 GRW ETF · BLACKROCK SHORT · CORE MSCI TOTAL · MSCI USA QLT FCT · MSCI INTL MOMENT · MSCI INTL QUALTY · ESG ADV TTL USD · CORE TOTAL USD · MRGSTR MD CP GRW · MSCI JPN ETF NEW · BLACKROCK ULTRA · S&P 100 ETF · RUS 2000 GRW ETF · CORE LT USDB ETF · MSCI EMRG CHN · US TREAS BD ETF · ESG EAFE ETF · EAFE GRWTH ETF · RUS MD CP GR ETF · CRE U S REIT ETF · MSCI USA VALUE · S&P MC 400GR ETF · CORE MSCI INTL · CORE DIV GRWTH · RUS MID CAP ETF · U.S. TECH ETF · S&P SML 600 GWT · ESG MSCI USA ETF · ISHARES · GNMA BOND ETF · ESG AWRE 1 5 YR · GLOBAL REIT ETF	5.52%	$2.3B	30.88M
7	GSLC Goldman Sachs	ACTIVEBETA US LG · ACCES TREASURY · ACTIVEBETA INT · ACTIVEBETA EME · ACCESS INVT GR · ACTIVEBETA EUR · ACCESS US AGRAT · ACCESS HIG YLD · ACTIVEBETA JAP · ACCESS INFLATI · COM	3.84%	$1.6B	22.50M
8	SCHF SCHWAB STRATEGIC TR	INTL EQTY ETF · US BRD MKT ETF · US LRG CAP ETF · US LCAP VA ETF · US REIT ETF · US SML CAP ETF · US LCAP GR ETF · US DIVIDEND EQ · EMRG MKTEQ ETF · US MID-CAP ETF · FUNDAMENTAL INTL · US TIPS ETF · US AGGREGATE B	2.90%	$1.2B	23.09M
9	BNDX VANGUARD CHARLOTTE FDS history →	TOTAL INT BD ETF	2.49%	$1.0B	20.77M
10	TFI SPDR SERIES TRUST	NUVEEN BLMBRG MU · BLOOMBERG HIGH Y · PORTFOLIO LN TSR · BLOOMBERG 1-3 MO · ICE PFD SEC ETF · PORTFLI INTRMDIT	0.79%	$329M	7.00M
11	JPST JP Morgan history →	ULTRA SHRT ETF	0.69%	$290M	5.72M
12	DFAU Dimensional Fund Advisors	US CORE EQT MKT · INTL CORE EQT MK · INTL CORE EQUITY · CORE FIXED INCOM · EMERGING MKTS CO · US CORE EQUITY 1 · US LARGE CAP VAL · SHORT DURATION F · EMGR CRE EQT MNG · WORLD EX US CORE · US REAL ESTATE E · INTERNATNAL VAL · GLOBAL EX US COR · GLOBAL CR ETF · EMERGING MKTS VA · INTL SMALL CAP V · INTL SMALL CAP E · US SMALL CAP VAL · GLOBAL REAL EST · US SUSTAINABILTY · US HIGH PROFITAB · EMERGING MKTS HI · ULTRASHORT FIXED · GLOBAL SUSTAINA · INTERNATIONAL · GLOBAL CORE PLUS · WORLD EQUITY ETF · NATL MUN BD ETF · INTL HIGH PROFIT · EMERGING MARKETS · US MKTWIDE VALUE · INFLATION PROTE	0.62%	$259M	7.46M
13	BND VANGUARD BD INDEX FD INC	TOTAL BND MRKT · SHORT TRM BOND · LONG TERM TREAS · INTERMED TERM · LONG TERM BOND · MTG-BKD SECS ETF · TAX EXEMPT BD	0.53%	$221M	3.08M
14	VTIP VANGUARD MALVERN FDS history →	STRM INFPROIDX	0.33%	$138M	2.81M
15	VWOB VANGUARD WHITEHALL FDS INC	EM MK GOV BD ETF · HIGH DIV YLD	0.31%	$128M	1.91M
16	ESGV VANGUARD	ESG US STK ETF · MCAP GR IDXVIP · LARGE CAP ETF · INTL DVD ETF · ALLWRLD EX US · SML CP GRW ETF · SHORT TERM TREAS · TT WRLD ST ETF · SHRT TRM CORP BD · ESG INTL STK ETF · EXTEND MKT ETF · MEGA GRWTH IND · MIDCP 400 GRTH · INTER TERM TREAS · INTL HIGH ETF · SMLCP 600 VAL · MEGA CAP INDEX · MEGA CAP VAL ETF · HEALTH CAR ETF · CONSUM STP ETF	0.25%	$105M	912.9K
17	DFAC Dimensional	US CORE EQUITY 2 · US TARGETED VLU · US EQUITY MARKET · US SMALL CAP ETF	0.23%	$95M	2.50M
18	KOMP State Street Global Advisors Inc history →	S&P KENSHO NEW	0.20%	$82M	1.67M
19	VOTE Engine No. 1 history →	TRANSFRM 500 ETF	0.20%	$82M	1.23M
20	ESML BlackRock Fund Advisors	ESG AWARE MSCI · FLEXIBLE INCOME · SHS BEN INT	0.16%	$65M	1.56M
21	QQQ Invesco	UNIT SER 1 · EMRNG MKT SVRG · S&P 500 MOMNTM · VAR RATE INVT · S&P SMLCP MOMENT · S&P MDCP MOMNTUM · S&P INTL MOMNT · GBL LISTED PVT · S&P500 EQL WGT · TOTAL RETURN · OPTIMUM YIELD · S&P500 QUALITY · LARGE CAP VALUE · FTSE RAFI DEV · S&P 500 HB ETF	0.08%	$32M	282.2K
22	VIG VANGUARD SPECIALIZED PORTFOL history →	DIV APP ETF	0.05%	$21M	103.6K
23	GMOM CAMBRIA ETF TR	GLB MOMENT ETF · VALUE MOMENTUM · GLOBAL VALUE ETF · SHSHLD YIELD ETF · EMRG SHAREHLDR · CAMBRIA FGN SHR	0.05%	$20M	649.6K
24	GEMD Goldman Sachs Asset Management LP	ACCESS EMNG MKTS · S&P 500 CORE PRE	0.05%	$19M	443.6K
25	JP Morgan Investment Management Inc	SUSTAINABLE MUNI	0.04%	$15M	287.6K
26	VUSB VANGUARD BD INDEX FDS history →	VANGUARD ULTRA	0.03%	$15M	292.1K
27	Avantis	US SML CP VALU	0.03%	$15M	151.5K
28	Summit Global Investments LLC	SGI ENHANCED COR · SGI US LARGE CAP · SGI ENHANCED GLB · SGI ENHANCED NAS · SGI DIVERSI TAC	0.03%	$14M	497.1K
29	XSOE WisdomTree	EM EX ST-OWNED · US LARGECAP FUND · YIELD ENHANCD US · INTL SMCAP DIV · US MIDCAP DIVID · US SMALLCAP FUND	0.03%	$12M	281.8K
30	MOAT Van Eck	MRNGSTR WDE MOAT · FALLEN ANGEL HG · IG FLOATING RATE · SEMICONDUCTR ETF	0.03%	$11M	193.3K
31	AAPL N/A	COM · CAP STK CL C · CL B NEW	0.02%	$10M	43.1K
32	COMB GraniteShares	BBG COMMD K 1	0.02%	$10M	470.8K
33	XTRACKERS	XTRACK USD HIGH	0.02%	$9M	234.5K
34	SPY SPDR S&P 500 ETF TR	TR UNIT	0.02%	$7M	13.0K
35	AVDV AVANTIS INTL	INTL SMCP VLU	0.02%	$7M	100.6K
36	AVUS AMERICAN CENTY ETF TR	US EQT ETF · AVANTIS EMGMKT · INTL EQT ETF	0.01%	$5M	63.1K
37	QQQM INVESCO EXCH TRADED FD TR II	NASDAQ 100 ETF	0.01%	$5M	25.3K
38	CGMS Capital Research and Management Co	US MULTI-SECTOR · SHS CREATION UNI	0.01%	$5M	152.7K
39	BNDW Vanguard Total World Bond ETF	TOTAL WLD BD ETF	0.01%	$4M	60.5K
40	Impact Shares	NAACP MINO ETF	0.01%	$4M	100.4K
41	WTMF WISDOMTREE TR	FUTRE STRAT FD · EMG MKTS SMCAP · WISDOMTREE US VA	0.01%	$4M	91.4K
42	BITB Bitwise Asset Management Inc	SHS BEN INT	0.01%	$3M	121.9K
43	VCIT VANGUARD SCOTTSDALE FDS	INT-TERM CORP · TOTAL CORP BND	0.01%	$3M	41.7K
44	FIXD First Trust Exchange-Traded Fund VIII	TCW OPPORTUNIS	0.01%	$3M	75.7K
45	COWZ Pacer	US CASH COWS 100	0.01%	$3M	55.3K
46	FBND Fidelity Investments	TOTAL BD ETF · LOW VOLITY ETF · HIGH DIVID ETF	0.01%	$3M	65.2K
47	GSST GOLDMAN SACHS ETF TR	ACES ULTRA SHR	0.01%	$3M	62.3K
48	PULS PGIM ETF TR	PGIM ULTRA SH BD	0.01%	$3M	61.3K
49	FNDA Schwab	FUNDAMENTAL US S · FUNDAMENTAL EMER · FUNDAMENTAL US L	0.01%	$3M	62.3K
50	JCPB J P MORGAN EXCHANGE TRADED F	CORE PLUS BD ETF · BETABUILDRS US · EQUITY PREMIUM	0.01%	$3M	43.5K
51	SGOV Western Asset Management Co	0-3 MNTH TREASRY	0.01%	$3M	25.8K
52	VXUS VANGUARD STAR FD	VG TL INTL STK F	0.01%	$2M	33.7K
53	VIOO VANGUARD ADMIRAL FDS INC	SMLLCP 600 IDX	0.01%	$2M	19.4K
54	ARKW Ark ETF Trust	NEXT GNRTN INTER · INNOVATION ETF	0.00%	$2M	27.0K
55	DYNF BLACKROCK ETF TRUST	US EQT FACTOR	0.00%	$2M	39.9K
56	CAT CATERPILLAR INC	COM	0.00%	$2M	4.5K
57	GLD SPDR GOLD TRUST	GOLD SHS	0.00%	$2M	7.0K
58	PFEB INNOVATOR ETFS TRUST	US EQTY PWR BUF · US EQTY PWR BF	0.00%	$2M	44.2K
59	EMLP FIRST TR EXCHANGE TRADED FD	NO AMER ENERGY · SMID RISNG ETF	0.00%	$2M	47.5K
60	RDVY First Trust	RISNG DIVD ACHIV · NASDAQ CYB ETF	0.00%	$1M	23.9K
61	JHMM John Hancock	MULTIFACTOR MI	0.00%	$1M	22.5K
62	HYD MARKET VECTORS ETF TR	HIGH YLD MUNIETF	0.00%	$1M	25.1K
63	SCHR Schwab ETFs	INT-TRM U.S TRES	0.00%	$1M	25.9K
64	QARP DBX ETF TR	XTRACK HRVST CSI · XTRCKR RUSL 1000 · XTRACK MSCI EAFE	0.00%	$1M	32.0K
65	F/m Investments LLC	US TREAS 3 MNTH	0.00%	$1M	21.5K
66	UITB VICTORY PORTFOLIOS II	CORE INTERMEDIAT · SHORT TRM BD ETF	0.00%	$1M	21.3K
67	VNLA Janus	HENDRSN SHRT ETF	0.00%	$1M	20.7K
68	UOCT Innovator Capital Management LLC	US EQTY ULTRA B · US EQTY PWR BUF	0.00%	$1M	28.0K
69	EMLC VANECK VECTORS TR	JP MRGAN EM LOC	0.00%	$985,000	38.8K
70	BLDG Cambria Funds	GBL REAL EST ETF	0.00%	$923,000	33.9K
71	JAAA JANUS DETROIT STR TR	HENDRSON AAA CL	0.00%	$921,000	18.1K
72	EA Series Trust	US QUAN VALUE · INTL QUAN VALUE · INTL QUAN MOMNTM	0.00%	$895,000	27.4K
73	AVGE American Century Investment Management Inc	AVANTIS ALL EQT · AVANTIS CORE FI	0.00%	$881,000	16.1K
74	LMT LOCKHEED MARTIN CORP	COM	0.00%	$837,000	1.4K
75	NOBL ProShares	S&P 500 DV ARIST · PRIV EQTY-LSTD	0.00%	$797,000	13.4K
76	TXN TEXAS INSTRS INC	COM	0.00%	$794,000	3.8K
77	NVDA NVIDIA CORPORATION	COM	0.00%	$755,000	6.2K
78	Vertical Capital Asset Management LLC	VERT GLB SUST RE	0.00%	$720,000	64.8K
79	BOND PIMCO ETF TR	ACTIVE BD ETF · ENHAN SHRT MA AC	0.00%	$707,000	7.3K
80	Empowered Funds LLC	STRIVE 500 ETF	0.00%	$686,000	18.6K
81	PACER FDS TR	PACER US SMALL	0.00%	$679,000	14.6K
82	INDEXIQ ETF TR	NYLI HEDGE MULTI	0.00%	$676,000	21.1K
83	XLE SELECT SECTOR SPDR TR	ENERGY	0.00%	$661,000	7.5K
84	BKLC BNY MELLON ETF TRUST	US LRG CP CORE	0.00%	$631,000	5.8K
85	PG PROCTER AND GAMBLE CO	COM	0.00%	$621,000	3.6K
86	J P MORGAN EXCHANGE TRADED	BETABUILDERS I · US QUALTY FCTR	0.00%	$613,000	10.3K
87	SIVR ABRDN SILVER ETF TRUST	PHYSCL SILVR SHS	0.00%	$577,000	19.4K
88	ETFS GOLD TR	PHYSCL GOLD SHS	0.00%	$552,000	22.0K
89	IAU ISHARES GOLD TRUST	ISHARES NEW	0.00%	$538,000	10.8K
90	ACGL Arch Capital Group Ltd	ORD	0.00%	$534,000	4.8K
91	HD HOME DEPOT INC	COM	0.00%	$522,000	1.3K
92	CMCSA COMCAST CORP NEW	CL A	0.00%	$508,000	12.2K
93	XLK SPDR	TECHNOLOGY · UTSER1 S&PDCRP	0.00%	$506,000	1.6K
94	AZO AUTOZONE INC	COM	0.00%	$485,000	154
95	NUSC Nuveen	NUVEEN ESG SMLCP	0.00%	$478,000	11.1K
96	CTA Simplify Asset Management Inc	MANAGED FUTURES	0.00%	$477,000	18.4K
97	INTU INTUIT	COM	0.00%	$463,000	745
98	WMT WALMART INC	COM	0.00%	$441,000	5.5K
99	NORTHERN LTS FD TR IV	INSPIRE CORP BD · INSPIRE 100 ETF	0.00%	$431,000	14.2K
100	MA MASTERCARD INCORPORATED	CL A	0.00%	$407,000	825

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 ↗.