Vault-13

VICTORY PORTFOLIOS II USTB

SHORT TRM BD ETF · ETP · CUSIP 92647N535

123 institutional holders +9 vs Q1 2025
18,906,68318.9m shares reported held*
$960.8mreported value*
15 new 61 added 30 reduced 5 sold out net bought ≈ $92.6m (+1.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $50.82.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 44Q4 22: 56Q1 23: 60Q2 23: 67Q3 23: 79Q4 23: 78Q1 24: 84Q2 24: 85Q3 24: 93Q4 24: 108Q1 25: 114Q2 25: 123123Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202244
Q4 202256
Q1 202360
Q2 202367
Q3 202379
Q4 202378
Q1 202484
Q2 202485
Q3 202493
Q4 2024108
Q1 2025114
Q2 2025123

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 51 bought or addedQ3 23: 33 cut or sold outQ4 23: 45 bought or addedQ4 23: 50 cut or sold outQ4 23Q1 24: 60 bought or addedQ1 24: 25 cut or sold outQ2 24: 51 bought or addedQ2 24: 31 cut or sold outQ2 24Q3 24: 60 bought or addedQ3 24: 30 cut or sold outQ4 24: 66 bought or addedQ4 24: 30 cut or sold outQ4 24Q1 25: 75 bought or addedQ1 25: 35 cut or sold outQ2 25: 76 bought or addedQ2 25: 35 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235133
Q4 20234550
Q1 20246025
Q2 20245131
Q3 20246030
Q4 20246630
Q1 20257535
Q2 20257635

Biggest buyers

MORGAN STANLEY Added +315,551+315.6k
BANK OF AMERICA CORP /DE/ Added +312,543+312.5k
Stonebridge Financial Group, LLC Added +301,786+301.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +216,521+216.5k
ROYAL BANK OF CANADA Added +201,185+201.2k
OSAIC HOLDINGS, INC. Added +116,852+116.9k
LPL Financial LLC Added +101,049+101.0k
CREATIVE FINANCIAL DESIGNS INC /ADV Added +75,233+75.2k
UBS Group AG Added +57,773+57.8k
Amplius Wealth Advisors, LLC Added +49,026+49.0k

Biggest sellers

Redhawk Wealth Advisors, Inc. Reduced -204,103-204.1k
Marquette Asset Management, LLC Reduced -46,338-46.3k
Smith Thornton Advisors LLC Reduced -30,045-30.0k
Cetera Investment Advisers Reduced -26,201-26.2k
ERn Financial, LLC Reduced -25,994-26.0k
Bensler, LLC Reduced -25,016-25.0k
FIG FINANCIAL ADVISORY SERVICES INC /ADV Sold out -20,302-20.3k
JPMORGAN CHASE & CO Sold out -12,696-12.7k
Mariner, LLC Reduced -12,566-12.6k
Comprehensive Wealth Management, LLC Reduced -9,919-9.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.17% of their portfolio San Antonio, TX 5,311,3085.3m $269.9m $269.9m 0.17% Unchanged
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,302,4721.3m $66.2m $66.2m 0.01% Added +312.5k +312,543
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,059,0181.1m $53.8m $53.8m 0.02% Added +101.0k +101,049
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 940,489940.5k $47.8m $47.8m 0.00% Added +315.6k +315,551
5 Amplius Wealth Advisors, LLC 3.18% of their portfolio BLUE BELL, PA 672,758672.8k $34.2m $34.2m 3.18% Added +49.0k +49,026
6 Stonebridge Financial Group, LLC 2.72% of their portfolio Wormleysburg, PA 550,995551.0k $28.0m $28.0m 2.72% Added +301.8k +301,786
7 Redhawk Wealth Advisors, Inc. 3.35% of their portfolio MINNEAPOLIS, MN 525,451525.5k $26.7m $26.7m 3.35% Reduced -204.1k -204,103
8 Marquette Asset Management, LLC 4.37% of their portfolio MINNEAPOLIS, MN 512,724512.7k $26.1m $26.1m 4.37% Reduced -46.3k -46,338
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 504,794504.8k $25.6m $25.6m 0.04% Added +216.5k +216,521
10 Broadway Wealth Solutions, Inc. 14.05% of their portfolio San Antonio, TX 444,070444.1k $22.6m $22.6m 14.05% Added +24.7k +24,749
11 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 391,357391.4k $19.9m $19.9m 0.01% Added +32.1k +32,129
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 381,430381.4k $19.4m $19.4m 0.00% Added +201.2k +201,185
13 Waverly Advisors, LLC 0.20% of their portfolio BIRMINGHAM, AL 356,854356.9k $18.1m $18.1m 0.20% Added +2.3k +2,264
14 MOTCO 1.64% of their portfolio SAN ANTONIO, TX 338,540338.5k $17.2m $17.2m 1.64% Reduced -782 -782
15 ERn Financial, LLC 3.02% of their portfolio MIDDLETON, WI 281,572281.6k $14.3m $14.3m 3.02% Reduced -26.0k -25,994
16 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 264,431264.4k $13.4m $13.4m 0.07% Added +31.3k +31,302
17 Cornerstone Planning Group LLC 2.56% of their portfolio FAIRFIELD, NJ 245,995246.0k $12.5m $12.5m 2.56% Added +9.9k +9,897
18 NORTHEAST PLANNING ASSOCIATES, INC. / NH / 11.41% of their portfolio BEDFORD, NH 243,755243.8k $12.4m $12.4m 11.41% Reduced -6.6k -6,644
19 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 241,024241.0k $12.3m $12.3m 0.02% Added +116.9k +116,852
20 HORAN Wealth, LLC 3.13% of their portfolio CINCINNATI, OH 201,265201.3k $10.2m $10.2m 3.13% First filing
21 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 199,280199.3k $10.1m $10.1m 0.01% Added +23.1k +23,101
22 Certified Advisory Corp 0.98% of their portfolio ALTAMONTE SPRINGS, FL 186,391186.4k $9.5m $9.5m 0.98% Added +9.1k +9,075
23 Pine Valley Investments Ltd Liability Co 0.53% of their portfolio MARLTON, NJ 178,814178.8k $9.1m $9.1m 0.53% Added +1.8k +1,758
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 176,100176.1k $8.9m $8.9m 0.00% Added +57.8k +57,773
25 Bensler, LLC 0.97% of their portfolio Bellevue, WA 171,196171.2k $8.7m $8.7m 0.97% Reduced -25.0k -25,016
26 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 170,627170.6k $8.7m $8.7m 0.01% Added +18.9k +18,944
27 TOTH FINANCIAL ADVISORY CORP 1.01% of their portfolio LEESBURG, VA 169,898169.9k $8.6m $8.6m 1.01% Reduced -5.3k -5,279
28 ADAPT WEALTH ADVISORS, LLC 3.84% of their portfolio ATLANTA, GA 168,943168.9k $8.6m $8.6m 3.84% Added +10.0k +9,978
29 CREATIVE FINANCIAL DESIGNS INC /ADV 0.60% of their portfolio KOKOMO, IN 164,656164.7k $8.4m $8.4m 0.60% Added +75.2k +75,233
30 Pinnacle Wealth Management Group, Inc. 4.24% of their portfolio PLYMOUTH, MI 145,541145.5k $7.4m $7.4m 4.24% Added +6.6k +6,569
31 AVAII WEALTH MANAGEMENT, LLC 3.06% of their portfolio APPLETON, WI 135,312135.3k $6.9m $6.9m 3.06% Added +6.1k +6,073
32 Masso Torrence Wealth Management Inc. 3.09% of their portfolio MARLTON, NJ 131,406131.4k $6.7m $6.7m 3.09% Added +9.9k +9,890
33 Quadcap Wealth Management, LLC 0.74% of their portfolio Frisco, TX 113,912113.9k $5.8m $5.8m 0.74% Added +5.9k +5,949
34 Smith Thornton Advisors LLC 3.23% of their portfolio HUNTSVILLE, AL 110,405110.4k $5.6m $5.6m 3.23% Reduced -30.0k -30,045
35 Midwest Capital Advisors, LLC 2.64% of their portfolio Grand Rapids, MI 98,49898.5k $5.0m $5.0m 2.64% Added +3.4k +3,376
36 Integrated Wealth Concepts LLC 0.05% of their portfolio WALTHAM, MA 98,10598.1k $5.0m $5.0m 0.05% Added +46.8k +46,826
37 Darrow Company, Inc. 2.07% of their portfolio Needham, MA 80,57880.6k $4.1m $4.1m 2.07% Added +2.2k +2,243
38 Kingsview Wealth Management, LLC 0.07% of their portfolio GRANTS PASS, OR 76,24576.2k $3.9m $3.9m 0.07% Added +18.5k +18,507
39 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.26% of their portfolio CEDAR RAPIDS, IA 73,98074.0k $3.8m $3.8m 0.26% Added +5.1k +5,103
40 Lakeridge Wealth Management LLC 1.68% of their portfolio MENTOR, OH 71,72171.7k $3.6m $3.6m 1.68% Added +9.5k +9,496
41 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 63,20663.2k $3.2m $3.2m 0.01% Reduced -8.9k -8,915
42 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 58,39158.4k $3.0m $3.0m 0.01% Added +3.5k +3,474
43 Atria Wealth Solutions, Inc. 0.07% of their portfolio NEW YORK, NY 58,16758.2k $3.0m $3.0m 0.07% Reduced -2.1k -2,138
44 Samalin Investment Counsel, LLC 0.99% of their portfolio CHAPPAQUA, NY 50,81850.8k $2.6m $2.6m 0.99% Reduced -1.4k -1,381
45 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 48,44948.4k $2.5m $2.5m 0.00% Added +7.2k +7,223
46 OneAscent Wealth Management LLC 0.86% of their portfolio BIRMINGHAM, AL 46,11546.1k $2.3m $2.3m 0.86% Added +13.6k +13,603
47 Mariner, LLC 0.00% of their portfolio Overland Park, KS 45,27945.3k $2.3m $2.3m 0.00% Reduced -12.6k -12,566
48 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 43,59843.6k $2.2m $2.2m 0.02% New
49 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 41,35241.4k $2.1m $2.1m 0.02% Reduced -8.7k -8,669
50 KINTRA WEALTH, LLC 1.22% of their portfolio WILLIAMSPORT, PA 39,94639.9k $2.0m $2.0m 1.22% Added +20.2k +20,249
51 Trademark Financial Management, LLC 1.21% of their portfolio Bloomington, MN 38,91438.9k $2.0m $2.0m 1.21% Added +5.4k +5,430
52 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 38,38238.4k $2.0m $2.0m 0.03% Added +14.2k +14,192
53 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 36,48436.5k $1.9m $1.9m 0.02% Reduced -5.3k -5,297
54 Elk River Wealth Management LLC 0.31% of their portfolio DENVER, CO 35,97836.0k $1.8m $1.8m 0.31% Reduced -425 -425
55 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 35,40635.4k $1.8m $1.8m 0.02% Added +991 +991
56 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 33,91233.9k $1.7m $1.7m 0.00% Added +9.3k +9,319
57 Ameritas Advisory Services, LLC 0.09% of their portfolio Lincoln, NE 33,52833.5k $1.7m $1.7m 0.09% Reduced -4.2k -4,164
58 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 30,49130.5k $1.5m $1.5m 0.01% Added +10.3k +10,331
59 SILVER OAK SECURITIES, INCORPORATED 0.12% of their portfolio JACKSON, TN 28,49428.5k $1.4m $1.4m 0.12% Reduced -70 -70
60 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.20% of their portfolio CONCORD, MA 28,19628.2k $1.4m $1.4m 0.20% Added +1.9k +1,908
61 Madison Wealth Partners, Inc 0.31% of their portfolio MADISON, WI 28,18628.2k $1.4m $1.4m 0.31% Added +3.8k +3,828
62 Valmark Advisers, Inc. 0.02% of their portfolio AKRON, OH 26,97527.0k $1.4m $1.4m 0.02% Reduced -5.3k -5,348
63 Sigma Planning Corp 0.04% of their portfolio ANN ARBOR, MI 24,22124.2k $1.2m $1.2m 0.04% Added +3.7k +3,703
64 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 0.06% of their portfolio GRAND BLANC, MI 23,20823.2k $1.2m $1.2m 0.06% Added +13.9k +13,944
65 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,56222.6k $1.1m $1.1m 0.00% Reduced -992 -992
66 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 22,24022.2k $1.1m $1.1m 0.04% Reduced -3.1k -3,137
67 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 22,22122.2k $1.1m $1.1m 0.02% Added +2.3k +2,301
68 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 21,95322.0k $1.1m $1.1m 0.01% Added +7.5k +7,547
69 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 21,89621.9k $1.1m $1.1m 0.00% Reduced -26.2k -26,201
70 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 20,19320.2k $1.0m $1.0m 0.00% Added +9.4k +9,364
71 Focus Partners Advisor Solutions, LLC 0.01% of their portfolio SAINT LOUIS, MO 17,36317.4k $882.4k $882.4k 0.01% Added +3.8k +3,798
72 Claro Advisors Inc. 0.14% of their portfolio BOSTON, MA 17,25417.3k $876.9k $876.9k 0.14% Added +3.4k +3,446
73 FLAGSHIP HARBOR ADVISORS, LLC 0.04% of their portfolio BOSTON, MA 16,74616.7k $851.0k $851.0k 0.04% Reduced -2.2k -2,200
74 Synergy Asset Management, LLC 0.09% of their portfolio VANCOUVER, WA 15,69215.7k $797.5k $797.5k 0.09% Added +51 +51
75 Apella Capital, LLC 0.02% of their portfolio WEST HARTFORD, CT 15,63815.6k $793.5k $793.5k 0.02% New
76 SWMG, LLC 0.26% of their portfolio FORT WORTH, TX 15,37515.4k $778.9k $778.9k 0.26% Added +57 +57
77 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,37513.4k $679.7k $679.7k 0.00% New
78 Horan Securities, Inc. 0.22% of their portfolio CINCINNATI, X1 12,43812.4k $632.1k $632.1k 0.22% Added +796 +796
79 DAYMARK WEALTH PARTNERS, LLC 0.02% of their portfolio CINCINNATI, OH 12,40812.4k $630.6k $630.6k 0.02% Reduced -2.4k -2,387
80 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 12,06112.1k $612.9k $612.9k 0.01% Added +26 +26
81 Elyxium Wealth, LLC 0.22% of their portfolio BEVERLY HILLS, CA 11,44611.4k $581.7k $581.7k 0.22% Added +3.8k +3,802
82 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 11,19411.2k $568.9k $568.9k 0.01% New
83 WESTBOURNE INVESTMENTS, INC. 0.30% of their portfolio ALEXANDRIA, VA 11,02311.0k $560.2k $560.2k 0.30% Unchanged
84 CW Advisors, LLC 0.01% of their portfolio BOSTON, MA 10,45410.5k $531.3k $531.3k 0.01% Reduced -228 -228
85 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 10,29910.3k $523.4k $523.4k 0.01% Added +500 +500
86 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 9,1249.1k $463.7k $463.7k 0.02% Added +3.4k +3,362
87 REDW Wealth LLC 0.18% of their portfolio ALBUQUERQUE, NM 8,8968.9k $452.1k $452.1k 0.18% Added +792 +792
88 Comprehensive Wealth Management, LLC 0.36% of their portfolio LYNNWOOD, WA 8,8738.9k $450.9k $450.9k 0.36% Reduced -9.9k -9,919
89 Stratos Investment Management, LLC 0.02% of their portfolio BEACHWOOD, OH 8,0388.0k $408.5k $408.5k 0.02% Added +970 +970
90 Burt Wealth Advisors 0.09% of their portfolio North Bethesda, MD 7,9247.9k $402.7k $402.7k 0.09% Added +499 +499
91 M.E. ALLISON & CO., INC. 0.30% of their portfolio SAN ANTONIO, TX 7,4157.4k $376.8k $376.8k 0.30% New
92 Crossmark Global Holdings, Inc. 0.01% of their portfolio HOUSTON, TX 7,1377.1k $362.3k $362.3k 0.01% Added +1.5k +1,473
93 Cassaday & Co Wealth Management LLC 0.01% of their portfolio MCLEAN, VA 7,1247.1k $362.0k $362.0k 0.01% Unchanged
94 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 6,4796.5k $329.2k $329.2k 0.00% New
95 PRAIRIEVIEW WEALTH PARTNERS, LLC 0.33% of their portfolio FRANKFORT, IL 6,2926.3k $319.8k $319.8k 0.33% Unchanged
96 Betterment LLC 0.00% of their portfolio NEW YORK, NY 6,2846.3k $319.0k $319.0k 0.00% Reduced -114 -114
97 Octavia Wealth Advisors, LLC 0.03% of their portfolio CINCINNATI, OH 5,6205.6k $285.6k $285.6k 0.03% Added +24 +24
98 MONEY CONCEPTS CAPITAL CORP 0.02% of their portfolio PALM BEACH GARDENS, FL 5,4205.4k $275.5k $275.5k 0.02% New
99 GREENUP STREET WEALTH MANAGEMENT LLC 0.05% of their portfolio OVERLAND PARK, KS 5,2765.3k $268.1k $268.1k 0.05% Reduced -379 -379
100 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 5,0765.1k $258.0k $258.0k 0.00% New