Q2 2026 13F · SEC CIK 1633901

Betterment LLC

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $59.1B
Reported positions: 675
Top holdings a year, 3 yrs: +14.6%
Assets under management: $69.5B

Betterment LLC is a wealth manager that reported 675 positions worth $59.1B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Vanguard Tax-Managed Fds (VEA, 16.7%), Vanguard Index Fds (VTI, 15.0%), Spdr Series Trust (SPLG, 14.5%). A portfolio copying its top holdings returned 14.6% a year over the last 3 years, against 20.4% for the S&P 500.

Betterment LLC holdings largest 50 of 675 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Betterment LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VEAVanguard Tax-Managed Fds	16.7%	16.7%	138,727,174	+0.6%	$9.9B
VTIVanguard Index Fds	15.0%	14.9%	23,945,511	-2.4%	$8.9B
SPLGSpdr Series Trust	14.5%	13.3%	97,881,145	+6.8%	$8.6B
VWOVanguard Intl Equity Index F	5.4%	5.5%	53,881,853	+1.0%	$3.2B
MUBIshares National Muni Bond ETF	3.8%	3.9%	21,039,515	+7.4%	$2.3B
ITOTIshares Total US Stock Market ETF	2.9%	2.9%	10,338,360	-2.6%	$1.7B
AGGIshares Tr	2.6%	4.5%	15,621,139	-34.7%	$1.5B
JCPBJ P Morgan Exchange Traded F	2.3%	0.6%	28,416,622	+355.8%	$1.3B
SPMDSpdr Series Trust	2.2%	2.3%	18,865,773	-6.6%	$1.3B
SPSMSpdr Series Trust	1.9%	1.7%	19,180,838	+0.9%	$1.1B
VTVVanguard Value ETF	1.8%	1.8%	4,758,077	-2.2%	$1.0B
BNDXVanguard Charlotte Fds	1.7%	1.8%	20,301,516	+4.6%	$983.2M
IEFAIshares Core Msci Eafe ETF	1.5%	1.6%	8,955,018	-3.3%	$864.9M
SCHXSchwab Stratgc Tr	1.4%	1.4%	28,627,429	+0.1%	$842.5M
GSLCGoldman Sachs ETF Tr	1.4%	1.4%	5,711,643	-1.0%	$810.4M
JPSTJ P Morgan Exchange Traded Fd	1.2%	1.3%	13,758,242	+0.8%	$695.8M
VOEVanguard Index Fds	1.2%	1.3%	3,506,826	-6.3%	$692.9M
VBRVanguard Small Cap Value ETF	1.2%	1.2%	2,812,964	-3.6%	$683.5M
ESGUIshares Msci Usa Esg	1.1%	1.1%	4,058,596	+0.4%	$664.3M
GBILGoldman Sachs Access Treasury 0 1	1.1%	1.2%	6,260,043	+2.6%	$627.0M
SCHFSchwab Intl Equity	1.0%	1.0%	20,561,168	-3.1%	$569.5M
VWOBVanguard Whitehall Fds	0.9%	0.7%	7,520,903	+31.9%	$505.7M
TFISpdr Series Trust	0.9%	1.0%	11,029,685	-4.6%	$505.2M
STIPIshares Tr	0.8%	0.9%	4,553,816	+1.5%	$465.2M
IEMGIshares	0.8%	0.7%	5,399,957	-4.5%	$447.3M
EMBIshares Tr	0.8%	1.0%	4,614,236	-14.7%	$445.0M
SCHBSchwb US Broad	0.7%	0.7%	15,292,144	-2.7%	$442.9M
ESGDIshares Msci Eafe Esg	0.7%	0.7%	3,972,639	+1.4%	$408.4M
SPDWSPDR Portfolio Developed World	0.7%	0.7%	8,002,796	-3.2%	$403.3M
VTEBVanguard Tx Ex Bd	0.6%	0.7%	7,061,952	+1.9%	$357.2M
CRBNIshares Msci Acwi Low Carbon	0.6%	0.5%	1,306,320	+0.4%	$330.5M
VOOVanguard S&p 500 ETF	0.4%	0.4%	385,170	+0.7%	$264.5M
IWSIshares Russell Mid-Cap Value ETF	0.4%	0.4%	1,386,524	-6.2%	$228.2M
VUGVanguard Indx Fd	0.3%	0.3%	1,953,898	+507.2%	$168.3M
ESGEIshares Inc	0.3%	0.3%	3,042,236	-4.4%	$166.4M
GSIEGoldman Sachs ETF Tr	0.3%	0.3%	3,545,671	+7.8%	$162.0M
DFACDimensional U.s. Core Equity 2	0.3%	0.3%	3,524,619	+2.8%	$156.4M
IWNIshares Russell 2000 Value ETF	0.2%	0.2%	646,889	-3.8%	$143.1M
VOTETcw ETF Trust	0.2%	0.2%	1,620,553	+0.3%	$142.9M
SCHVSchwab Strategic Tr	0.2%	0.2%	3,867,616	-3.3%	$134.6M
SPYVSpdr Series Trust	0.2%	0.2%	2,158,735	-3.9%	$131.2M
IAGGiShares International Aggregate Bond Fun	0.2%	0.2%	2,517,551	+13.2%	$127.4M
SPYXSPDR S&P 500 Fossil Fuel Reserv	0.2%	0.2%	1,981,562	+0.5%	$121.1M
SPEMState Street Spdr Portfolio Emerging Mar	0.2%	0.2%	2,099,840	-2.3%	$108.7M
IVVIshares Core S&p 500 ETF	0.2%	0.2%	144,753	-1.4%	$108.4M
KOMPSpdr Series Trust	0.2%	0.2%	1,500,675	+1.0%	$107.3M
GEMGoldman Sachs ActiveBeta Emergi	0.2%	0.2%	2,024,982	-2.3%	$105.3M
JMSIJ P Morgan Exchange Traded F	0.2%	0.2%	1,984,457	+16.9%	$100.1M
ESMLIshares Tr	0.2%	0.2%	1,776,129	-0.7%	$99.3M
GSEUGoldman Sachs	0.2%	—	1,885,719	—	$91.6M

What Betterment LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.8% /yr; S&P 500 +20.1%
3 years: +14.6% /yr; S&P 500 +20.4%
5 years: +6.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$59.1B	675
Q1 2026	$52.8B	615
Q4 2025	$52.5B	551
Q3 2025	$50.6B	522
Q2 2025	$47.0B	497
Q1 2025	$42.2B	458
Q4 2024	$41.9B	444
Q3 2024	$41.9B	421
Q2 2024	$38.6B	392
Q1 2024	$37.3B	352
Q4 2023	$34.7B	313
Q3 2023	$31.6B	296

Questions about Betterment LLC's portfolio

What stocks does Betterment LLC own?

Betterment LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 675 positions worth $59.1B. The largest are Vanguard Tax-Managed Fds (VEA) at 16.7%, Vanguard Index Fds (VTI) at 15.0%, Spdr Series Trust (SPLG) at 14.5%, Vanguard Intl Equity Index F (VWO) at 5.4% and Ishares National Muni Bond ETF (MUB) at 3.8%.

What did Betterment LLC buy last quarter?

In Q2 2026, Betterment LLC added Vanguard Indx Fd (VUG) (+507.2% shares), J P Morgan Exchange Traded F (JCPB) (+355.8% shares) and Vanguard Whitehall Fds (VWOB) (+31.9% shares), compared with its Q1 2026 filing.

What did Betterment LLC sell last quarter?

In Q2 2026, Betterment LLC cut from its top 50 Vanguard Total Bond Market ETF (BND), Ishares Tr (AGG) (-34.7% shares), Ishares Tr (EMB) (-14.7% shares) and Spdr Series Trust (SPMD) (-6.6% shares), compared with its Q1 2026 filing.

How has Betterment LLC's portfolio performed?

A portfolio copying Betterment LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +14.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.8% against +20.1%. Over 5 years: +6.3% a year against +11.6%.

When is Betterment LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Betterment LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Betterment LLC manage?

Betterment LLC reported $69.5B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $59.1B.