Betterment LLC — 13F Holdings & Portfolio
CIK 1633901 · latest 13F-HR filed 2026-08-14
Betterment LLC manages $59.13B in 13F-reported U.S. long-equity assets across 675 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VEA (16.72%), VTI (14.99%), SPYM (14.55%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 76 new positions and exited 16; 444 existing positions rose in reported value and 71 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$59.13B
Long-equity book
Holdings
675
Distinct positions
Period
2026-06-30
Filed 2026-08-14
Q/Q Activity
+76 / −16 / ↑444 / ↓71
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26VEA16.7% · +1%VTI15.0% · -2%SPYM14.5% · +7%VWO5.4% · +1%MUB3.8% · +7%ITOT2.9% · -3%AGG2.6% · -35%JCPB2.3% · +356%SPMD2.2% · -7%SPSM1.9% · +1%VTV1.8% · -2%BNDX1.7% · +5%IEFA1.5% · -3%SCHX1.4% · +0%GSLC1.4% · -1%JPST1.2% · +1%VOE1.2% · -6%VBR1.2% · -4%ESGU1.1% · +0%GBIL1.1% · +3%SCHF1.0% · -3%VWOB0.9% · +32%TFI0.9% · -5%STIP0.8% · +2%IEMG0.8% · -4%EMB0.8% · -15%SCHB0.7% · -3%ESGD0.7% · +1%SPDW0.7% · -3%VTEB0.6% · +2%CRBN0.6% · +0%VOO0.4% · +1%IWS0.4% · -6%VUG0.3% · +507%ESGE0.3% · -4%GSIE0.3% · +8%DFAC0.3% · +3%IWN0.2% · -4%VOTE0.2% · +0%SCHV0.2% · -3%SPYV0.2% · -4%IAGG0.2% · +13%SPYX0.2% · +0%SPEM0.2% · -2%IVV0.2% · -1%KOMP0.2% · +1%GEM0.2% · -2%JMSI0.2% · +17%ESML0.2% · -1%GSEU0.2% · +3%EAGG0.1% · +9%FWD0.1% · +1%BND0.1% · -31%EFAX0.1% · +3%ESGV0.1% · -2%IVE0.1% · -4%VO0.1% · +264%QQQM0.1% · +22%BGRN0.1% · +9%GSSC0.1% · +2%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 67.3%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Jul 31, 2026.
Assets Under Management
$69.52B
Discretionary
$69.40B
Employees
794
Accounts
1,344,483
Address
450 WEST 33RD STREET
FLOOR 11
NEW YORK, NY 10001
FLOOR 11
NEW YORK, NY 10001
Phone
(212) 228-1328
This firm reports 4 disclosure items on its registration.
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BETTERMENT HOLDINGS, INC. Control | MANAGING MEMBER, PARENT ENTITY since Apr 2009 | 75% or more | Domestic Entity |
| LEVY, SARAH, KIRSHBAUM Control | CHIEF EXECUTIVE OFFICER since Dec 2020 | Less than 5% | Individual |
| LORIMER, PETER, BRAILLER Control | CHIEF FINANCIAL OFFICER since Oct 2018 | Less than 5% | Individual |
| ROSENBLOOM, SETH, JOSEPH Control | GENERAL COUNSEL since Jun 2020 | Less than 5% | Individual |
| SESTAK, KHALEY, A Control | CHIEF COMPLIANCE OFFICER since Jun 2020 | Less than 5% | Individual |
Ownership & leadership changes · 13 filings with changes since Nov 7, 2011
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Mar 30, 2023 filing
- No longer listedSTEIN, JONATHAN, BABCOCK · SHAREHOLDER · 25–50% · indirect via BETTERMENT HOLDINGS, INC. · control person · listed since Aug 2008
Mar 30, 2021 filing
- ChangedLORIMER, PETER, BRAILLER · title VP, FINANCE → CHIEF FINANCIAL OFFICER
Jan 4, 2021 filing
- No longer listedLUCIEN, DUSTIN, MATHIAS · CHIEF OPERATIONS OFFICER · Less than 5% · control person · listed since May 2016
Dec 10, 2020 filing
- No longer listedSTEIN, JONATHAN, BABCOCK · CHIEF EXECUTIVE OFFICER · Less than 5% · control person · listed since Aug 2008
- AddedLEVY, SARAH, KIRSHBAUM · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
Jun 5, 2020 filing
- No longer listedALDEN, BENJAMIN, TODD · CHIEF COMPLIANCE OFFICER / GENERAL COUNSEL · Less than 5% · control person · listed since Mar 2017
- AddedSESTAK, KHALEY, A · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- Listed againROSENBLOOM, SETH, JOSEPH · GENERAL COUNSEL · Less than 5% · control person
Feb 4, 2020 filing
- No longer listedChehardy, Kimberly, Noel · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since May 2019
- ChangedALDEN, BENJAMIN, TODD · title GENERAL COUNSEL → CHIEF COMPLIANCE OFFICER / GENERAL COUNSEL
May 23, 2019 filing
- No longer listedBENKE, ALEX, CLAYTON · PRESIDENT · Less than 5% · control person · listed since Jan 2018
- No longer listedROSENBLOOM, SETH, JOSEPH · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Oct 2018
- AddedChehardy, Kimberly, Noel · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Mar 29, 2019 filing
- ChangedLUCIEN, DUSTIN, MATHIAS · now a control person
Mar 22, 2019 filing
- AddedBENKE, ALEX, CLAYTON · PRESIDENT · Less than 5% · control person
- AddedLORIMER, PETER, BRAILLER · VP, FINANCE · Less than 5% · control person
Mar 20, 2019 filing
- No longer listedWALSH, PAUL, ROBERT · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Jan 2018
- AddedROSENBLOOM, SETH, JOSEPH · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Older changes (4 more filings)
Jan 18, 2018 filing
- AddedWALSH, PAUL, ROBERT · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedALDEN, BENJAMIN, TODD · title CHIEF COMPLIANCE OFFICER AND GENERAL COUNSEL → GENERAL COUNSEL
Mar 31, 2017 filing
- No longer listedBROVERMAN, ELI, DAVID · CHIEF OPERATING OFFICER, CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Aug 2008
- AddedALDEN, BENJAMIN, TODD · CHIEF COMPLIANCE OFFICER AND GENERAL COUNSEL · Less than 5% · control person
Jan 31, 2017 filing
- AddedLUCIEN, DUSTIN, MATHIAS · CHIEF OPERATIONS OFFICER · Less than 5%
Nov 7, 2011 filing (earliest on record)
- ListedBETTERMENT HOLDINGS, INC. · MANAGING MEMBER, PARENT ENTITY · 75% or more · control person
- ListedBROVERMAN, ELI, DAVID · CHIEF OPERATING OFFICER, CHIEF COMPLIANCE OFFICER · Less than 5%
- ListedSTEIN, JONATHAN, BABCOCK · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
- ListedSTEIN, JONATHAN, BABCOCK · SHAREHOLDER · 25–50% · indirect via BETTERMENT HOLDINGS, INC. · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- SPDR State Street Global Advisors$1.59B +22.7%
- VANGUARD TAX MANAGED INTL FD$1.05B +11.8%
- J P MORGAN EXCHANGE TRADED$1.04B +354.4%
- VANGUARD INDEX FDS$992.4M +12.6%
- VANGUARD INTL EQUITY INDEX F$331.5M +11.5%
Top Trims
- ISHARES TR-$826.9M -34.8%
- ISHARES TR-$63.0M -12.4%
- VANGUARD BD INDEX FD INC-$36.4M -30.8%
- iShares-$36.2M -97.9%
- ISHARES TR-$18.1M -97.8%
New Positions
- ISHARES INC$12.1M
- SPACE EXPLORATION TECHN CORP$2.4M
- COMFORT SYS USA INC$1.4M
- BLOOM ENERGY CORP$1.3M
- SCORPIO TANKERS INC$1.1M
Exited Positions
- iShares$1.0M
- Impact Shares$531.0K
- Goldman Sachs$335.0K
- INNOVATOR ETFS TRUST$291.0K
- WISDOMTREE TR$288.0K
Betterment LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | VANGUARD TAX MANAGED INTL FD | VEA | 921943858 | $9.88B | 16.72% | 138,727,174 | SH |
| 2 | VANGUARD INDEX FDS | VTI | 922908769 | $8.86B | 14.99% | 23,945,511 | SH |
| 3 | SPDR State Street Global Advisors | SPYM | 78464A854 | $8.60B | 14.55% | 97,881,145 | SH |
| 4 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $3.22B | 5.44% | 53,881,853 | SH |
| 5 | ISHARES TR | MUB | 464288414 | $2.26B | 3.83% | 21,039,515 | SH |
| 6 | ISHARES TR | ITOT | 464287150 | $1.70B | 2.87% | 10,338,360 | SH |
| 7 | ISHARES TR | AGG | 464287226 | $1.55B | 2.62% | 15,621,139 | SH |
| 8 | J P MORGAN EXCHANGE TRADED | JCPB | 46641Q670 | $1.33B | 2.26% | 28,416,622 | SH |
| 9 | SPDR State Street Global Advisors | SPMD | 78464A847 | $1.27B | 2.16% | 18,865,773 | SH |
| 10 | SPDR State Street Global Advisors | SPSM | 78468R853 | $1.11B | 1.87% | 19,180,838 | SH |
| 11 | VANGUARD INDEX FDS | VTV | 922908744 | $1.04B | 1.75% | 4,758,077 | SH |
| 12 | VANGUARD CHARLOTTE FDS | BNDX | 92203J407 | $983.2M | 1.66% | 20,301,516 | SH |
| 13 | ISHARES TR | IEFA | 46432F842 | $864.9M | 1.46% | 8,955,018 | SH |
| 14 | SCHWAB STRATEGIC TR | SCHX | 808524201 | $842.5M | 1.42% | 28,627,429 | SH |
| 15 | Goldman Sachs | GSLC | 381430503 | $810.4M | 1.37% | 5,711,643 | SH |
| 16 | JP Morgan | JPST | 46641Q837 | $695.8M | 1.18% | 13,758,242 | SH |
| 17 | VANGUARD INDEX FDS | VOE | 922908512 | $692.9M | 1.17% | 3,506,826 | SH |
| 18 | VANGUARD INDEX FDS | VBR | 922908611 | $683.5M | 1.16% | 2,812,964 | SH |
| 19 | iShares | ESGU | 46435G425 | $664.3M | 1.12% | 4,058,596 | SH |
| 20 | Goldman Sachs | GBIL | 381430529 | $627.0M | 1.06% | 6,260,043 | SH |
| 21 | SCHWAB STRATEGIC TR | SCHF | 808524805 | $569.5M | 0.96% | 20,561,168 | SH |
| 22 | VANGUARD WHITEHALL FDS INC | VWOB | 921946885 | $505.7M | 0.86% | 7,520,903 | SH |
| 23 | SPDR SERIES TRUST | TFI | 78468R721 | $505.2M | 0.85% | 11,029,685 | SH |
| 24 | iShares | STIP | 46429B747 | $465.2M | 0.79% | 4,553,816 | SH |
| 25 | ISHARES INC | IEMG | 46434G103 | $447.3M | 0.76% | 5,399,957 | SH |
| 26 | ISHARES TR | EMB | 464288281 | $445.0M | 0.75% | 4,614,236 | SH |
| 27 | SCHWAB STRATEGIC TR | SCHB | 808524102 | $442.9M | 0.75% | 15,292,144 | SH |
| 28 | iShares | ESGD | 46435G516 | $408.4M | 0.69% | 3,972,639 | SH |
| 29 | SPDR State Street Global Advisors | SPDW | 78463X889 | $403.3M | 0.68% | 8,002,796 | SH |
| 30 | VANGUARD BD INDEX FD INC | VTEB | 922907746 | $357.2M | 0.60% | 7,061,952 | SH |
| 31 | iShares | CRBN | 46434V464 | $330.5M | 0.56% | 1,306,320 | SH |
| 32 | VANGUARD INDEX FDS | VOO | 922908363 | $264.5M | 0.45% | 385,170 | SH |
| 33 | ISHARES TR | IWS | 464287473 | $228.2M | 0.39% | 1,386,524 | SH |
| 34 | VANGUARD INDEX FDS | VUG | 922908736 | $168.3M | 0.28% | 1,953,898 | SH |
| 35 | iShares | ESGE | 46434G863 | $166.4M | 0.28% | 3,042,236 | SH |
| 36 | Goldman Sachs | GSIE | 381430107 | $162.0M | 0.27% | 3,545,671 | SH |
| 37 | Dimensional | DFAC | 25434V708 | $156.4M | 0.26% | 3,524,619 | SH |
| 38 | ISHARES TR | IWN | 464287630 | $143.1M | 0.24% | 646,889 | SH |
| 39 | Engine No. 1 | VOTE | 29287L106 | $142.9M | 0.24% | 1,620,553 | SH |
| 40 | SCHWAB STRATEGIC TR | SCHV | 808524409 | $134.6M | 0.23% | 3,867,616 | SH |
| 41 | SPDR State Street Global Advisors | SPYV | 78464A508 | $131.2M | 0.22% | 2,158,735 | SH |
| 42 | ISHARES TR | IAGG | 46435G672 | $127.4M | 0.22% | 2,517,551 | SH |
| 43 | SPDR State Street Global Advisors | SPYX | 78468R796 | $121.1M | 0.20% | 1,981,562 | SH |
| 44 | SPDR State Street Global Advisors | SPEM | 78463X509 | $108.7M | 0.18% | 2,099,840 | SH |
| 45 | ISHARES TR | IVV | 464287200 | $108.4M | 0.18% | 144,753 | SH |
| 46 | State Street Global Advisors Inc | KOMP | 78468R648 | $107.3M | 0.18% | 1,500,675 | SH |
| 47 | Goldman Sachs | GEM | 381430206 | $105.3M | 0.18% | 2,024,982 | SH |
| 48 | JP Morgan Investment Management Inc | JMSI | 46654Q815 | $100.1M | 0.17% | 1,984,457 | SH |
| 49 | BlackRock Fund Advisors | ESML | 46435U663 | $99.3M | 0.17% | 1,776,129 | SH |
| 50 | Goldman Sachs | GSEU | 381430305 | $91.6M | 0.15% | 1,885,719 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $59.13B | 675 | 0001633901-26-000004 |
| 2026-03-31 | 2026-05-14 | $52.79B | 615 | 0001633901-26-000003 |
| 2025-12-31 | 2026-02-12 | $52.49B | 551 | 0001633901-26-000002 |
| 2025-09-30 | 2025-11-13 | $50.60B | 522 | 0001633901-25-000010 |
Filer Information
Address
450 WEST 33RD STREET, FL 11NEW YORK, NY 10001
Phone
(212) 228-1328
Filing Manager
Betterment LLC
NEW YORK, NY
Signatory
Khaley Sestak
Chief Compliance Officer