BETTERMENT LLC
Q2 2026 Form 13-F
NEW YORK, NEW YORK
CIK 0001633901
· CRD 149117
· SEC-registered investment adviser
Holdings reported by
FOUNDERS FINANCIAL SECURITIES LLC since Q4 2025
, Human Investing LLC since Q4 2021
, RITHOLTZ WEALTH MANAGEMENT since Q3 2020
$59.1B Reported Value Total
BETTERMENT reports 1,344,483 total accounts under management (AUM). There are 1,334,211 discretionary accounts valued at $69,401,339,525, and 10,272 non-discretionary accounts valued at $123,153,461.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-10-27
Reported value
$59.1B
Quarter over quarter
+10.7%
Holdings
675
Top-10 concentration
67.3%
Filing Structure
Reports holdings for
- Transamerica Financial Advisors Inc · File #028-14018 · Q1 2024 – Q1 2026 · declared by one filing
Holdings reported by
- FOUNDERS FINANCIAL SECURITIES LLC · since Q4 2025 · declared by one filing
- Human Investing LLC · since Q4 2021 · declared by one filing
- RITHOLTZ WEALTH MANAGEMENT · since Q3 2020 · declared by one filing
- Transamerica Financial Advisors Inc · Q3 2019 – Q4 2019 · declared by one filing
Key People
Form ADV owners & control persons
Jonathan Babcock Stein
SHAREHOLDER
Sarah Kirshbaum Levy
CHIEF EXECUTIVE OFFICER
Peter Brailler Lorimer
CHIEF FINANCIAL OFFICER
Filing Navigation
13F Metrics
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Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | August 14, 2026 |
| Form | 13F-HR |
| Reported value | $59.1B |
| Positions | 675 |
| Change in reported value | +12.0% |
| New positions | 76 |
| Exited positions | 16 |
| Position turnover | 13.3% |
| Top-10 concentration | 67.3% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
675 | $59.1B |
|
Q1 2026 13F
Filed May 14, 2026
|
615 | $52.8B |
|
Q4 2025 13F
Filed Feb 12, 2026
|
551 | $52.5B |
|
Q3 2025 13F
Filed Nov 13, 2025
|
522 | $50.6B |
|
Q2 2025 13F
Filed Aug 14, 2025
|
497 | $47.0B |
|
Q1 2025 13F
Filed May 15, 2025
|
458 | $42.2B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
444 | $41.9B |
|
Q3 2024 13F
Filed Nov 14, 2024
|
421 | $41.9B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
392 | $38.6B |
|
Q1 2024 13F
Filed May 10, 2024
|
352 | $37.3B |
|
Q4 2023 13F
Filed Feb 9, 2024
|
313 | $34.7B |
|
Q3 2023 13F
Filed Nov 9, 2023
|
296 | $31.6B |
|
Q2 2023 13F
Filed Aug 7, 2023
|
281 | $32.3B |
|
Q1 2023 13F
Filed May 15, 2023
|
265 | $30.9B |
|
Q4 2022 13F
Filed Feb 13, 2023
|
252 | $29.2B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
223 | $28.0B |
|
Q2 2022 13F
Filed Aug 10, 2022
|
223 | $28.0B |
|
Q1 2022 13F
Filed May 16, 2022
|
224 | $31.4B |
|
Q4 2021 13F
Filed Feb 15, 2022
|
202 | $32.1B |
|
Q3 2021 13F
Filed Nov 15, 2021
|
184 | $29.9B |
27 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | VEA VANGUARD TAX MANAGED INTL FD | $9.9B | 16.72% |
| 2 | VTI VANGUARD INDEX FDS | $8.9B | 14.99% |
| 3 | SPYM SPDR State Street Global Advisors | $8.6B | 14.55% |
| 4 | VWO VANGUARD INTL EQUITY INDEX F | $3.2B | 5.44% |
| 5 | MUB ISHARES TR | $2.3B | 3.83% |
| 6 | ITOT ISHARES TR | $1.7B | 2.87% |
| 7 | AGG ISHARES TR | $1.5B | 2.62% |
| 8 | JCPB J P MORGAN EXCHANGE TRADED | $1.3B | 2.26% |
| 9 | SPMD SPDR State Street Global Advisors | $1.3B | 2.16% |
| 10 | SPSM SPDR State Street Global Advisors | $1.1B | 1.87% |
| 11 | VTV VANGUARD INDEX FDS | $1.0B | 1.75% |
| 12 | BNDX VANGUARD CHARLOTTE FDS | $983.2M | 1.66% |
| 13 | IEFA ISHARES TR | $864.9M | 1.46% |
| 14 | SCHX SCHWAB STRATEGIC TR | $842.5M | 1.42% |
| 15 | GSLC Goldman Sachs | $810.4M | 1.37% |
| 16 | JPST JP Morgan | $695.8M | 1.18% |
| 17 | VOE VANGUARD INDEX FDS | $692.9M | 1.17% |
| 18 | VBR VANGUARD INDEX FDS | $683.5M | 1.16% |
| 19 | ESGU iShares | $664.3M | 1.12% |
| 20 | GBIL Goldman Sachs | $627.0M | 1.06% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.