Vault-13

VICTORY PORTFOLIOS II USTB

SHORT TRM BD ETF · ETP · CUSIP 92647N535

149 institutional holders +6 vs Q1 2026
36,530,70836.5m shares reported held*
$1.8bnreported value*
16 new 83 added 38 reduced 10 sold out net bought ≈ $195.5m (+3.9m 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 ≈ $50.58.

Trends to Q2 2026

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: 123Q3 25: 129Q4 25: 135Q1 26: 143Q2 26: 149149Q3 22Q3 23Q3 24Q3 25Q2 26
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
Q3 2025129
Q4 2025135
Q1 2026143
Q2 2026149

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 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 25Q3 25: 95 bought or addedQ3 25: 29 cut or sold outQ4 25: 89 bought or addedQ4 25: 42 cut or sold outQ4 25Q1 26: 97 bought or addedQ1 26: 39 cut or sold outQ2 26: 99 bought or addedQ2 26: 48 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20246030
Q4 20246630
Q1 20257535
Q2 20257635
Q3 20259529
Q4 20258942
Q1 20269739
Q2 20269948

Biggest buyers

WELLS FARGO & COMPANY/MN Added +688,807+688.8k
SHP Wealth Management Added +537,159+537.2k
MORGAN STANLEY Added +432,457+432.5k
Go Invest LLC Added +307,406+307.4k
StoryOne LLC Added +277,676+277.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +218,106+218.1k
RAYMOND JAMES FINANCIAL INC Added +217,297+217.3k
BANK OF AMERICA CORP /DE/ Added +208,526+208.5k
Janney Montgomery Scott LLC Added +200,330+200.3k
Cambridge Investment Research Advisors, Inc. Added +185,558+185.6k

Biggest sellers

JANE STREET GROUP, LLC Reduced -446,674-446.7k
BlueStem Wealth Partners, LLC Sold out -221,223-221.2k
UBS Group AG Reduced -91,054-91.1k
CREATIVE FINANCIAL DESIGNS INC /ADV Reduced -88,371-88.4k
FLOW TRADERS U.S. LLC Reduced -86,733-86.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -84,397-84.4k
CITADEL ADVISORS LLC Reduced -61,400-61.4k
GOLDMAN SACHS GROUP INC Sold out -57,229-57.2k
Patriot Financial Group Insurance Agency, LLC Reduced -56,005-56.0k
OSAIC HOLDINGS, INC. Reduced -31,460-31.5k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio San Antonio, TX 5,530,3665.5m $279.9m $279.9m 0.16% Added +120.0k +120,000
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,960,8833.0m $149.9m $149.9m 0.01% Added +432.5k +432,457
3 Merit Financial Group, LLC 0.92% of their portfolio ALPHARETTA, GA 2,939,8842.9m $148.8m $148.8m 0.92% Added +117.0k +116,973
4 Go Invest LLC 27.85% of their portfolio WEST JORDAN, UT 2,341,1472.3m $118.5m $118.5m 27.85% Added +307.4k +307,406
5 SHP Wealth Management 6.22% of their portfolio PLYMOUTH, MA 1,785,3741.8m $90.4m $90.4m 6.22% Added +537.2k +537,159
6 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,740,0241.7m $88.1m $88.1m 0.01% Added +208.5k +208,526
7 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,594,9591.6m $80.7m $80.7m 0.02% Reduced -13.0k -12,964
8 Stonebridge Financial Group, LLC 3.56% of their portfolio Wormleysburg, PA 927,201927.2k $46.9m $46.9m 3.56% Added +45.9k +45,870
9 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 900,711900.7k $45.6m $45.6m 0.01% Added +688.8k +688,807
10 Amplius Wealth Advisors, LLC 2.93% of their portfolio BLUE BELL, PA 790,733790.7k $40.0m $40.0m 2.93% Added +57.4k +57,397
11 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 699,421699.4k $35.4m $35.4m 0.01% Added +217.3k +217,297
12 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 587,296587.3k $29.7m $29.7m 0.14% Added +122.8k +122,833
13 Broadway Wealth Solutions, Inc. 13.69% of their portfolio San Antonio, TX 578,799578.8k $29.3m $29.3m 13.69% Added +18.8k +18,848
14 Marquette Asset Management, LLC 3.59% of their portfolio MINNEAPOLIS, MN 550,446550.4k $27.9m $27.9m 3.59% Added +25.0k +25,013
15 Capital Analysts, LLC 0.60% of their portfolio FORT WASHINGTON, PA 516,643516.6k $26.2m $26.2m 0.60% Added +107 +107
16 Waverly Advisors, LLC 0.14% of their portfolio BIRMINGHAM, AL 474,980475.0k $24.0m $24.0m 0.14% Added +23.4k +23,395
17 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 464,325464.3k $23.5m $23.5m 0.05% Added +200.3k +200,330
18 KINTRA WEALTH, LLC 1.12% of their portfolio WILLIAMSPORT, PA 424,283424.3k $21.4m $21.4m 1.12% Added +32.2k +32,214
19 MOTCO 1.65% of their portfolio SAN ANTONIO, TX 379,986380.0k $19.2m $19.2m 1.65% Added +7.0k +7,028
20 Winter & Associates, Inc. 13.53% of their portfolio ST. PAUL, MN 355,616355.6k $18.0m $18.0m 13.53% Added +157.2k +157,162
21 ERn Financial, LLC 2.93% of their portfolio MIDDLETON, WI 349,663349.7k $17.7m $17.7m 2.93% Added +15.5k +15,534
22 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 343,042343.0k $17.4m $17.4m 0.01% Added +35.4k +35,415
23 Focus Partners Advisor Solutions, LLC 0.15% of their portfolio SAINT LOUIS, MO 340,457340.5k $17.2m $17.2m 0.15% Added +147.4k +147,446
24 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 335,532335.5k $17.0m $17.0m 0.02% Added +185.6k +185,558
25 Cornerstone Planning Group LLC 1.92% of their portfolio FAIRFIELD, NJ 302,568302.6k $15.3m $15.3m 1.92% Added +9.7k +9,730
26 StoryOne LLC 6.68% of their portfolio OVERLAND PARK, KS 277,676277.7k $14.1m $14.1m 6.68% Added +277.7k +277,676
27 Redhawk Wealth Advisors, Inc. 1.38% of their portfolio MINNEAPOLIS, MN 276,282276.3k $14.0m $14.0m 1.38% Added +11.5k +11,497
28 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 270,638270.6k $13.7m $13.7m 0.00% Added +36.3k +36,329
29 Certified Advisory Corp 1.10% of their portfolio ALTAMONTE SPRINGS, FL 269,658269.7k $13.7m $13.7m 1.10% Added +37.7k +37,687
30 HORAN Wealth, LLC 1.68% of their portfolio CINCINNATI, OH 264,769264.8k $13.4m $13.4m 1.68% Added +2.4k +2,393
31 NORTHEAST PLANNING ASSOCIATES, INC. / NH / 9.16% of their portfolio BEDFORD, NH 264,245264.2k $12.2m $12.2m 9.16% Reduced -1.4k -1,351
32 Kirkwood Financial Services 3.75% of their portfolio SAN ANTONIO, TX 258,893258.9k $13.1m $13.1m 3.75% First filing
33 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 242,301242.3k $12.3m $12.3m 0.06% Added +35.8k +35,830
34 Apella Capital, LLC 0.17% of their portfolio WEST HARTFORD, CT 242,085242.1k $12.3m $12.3m 0.17% Added +22.1k +22,075
35 TOTH FINANCIAL ADVISORY CORP 1.10% of their portfolio LEESBURG, VA 221,722221.7k $11.2m $11.2m 1.10% Added +11.2k +11,206
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 220,708220.7k $11.2m $11.2m 0.01% Added +218.1k +218,106
37 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 218,055218.1k $11.0m $11.0m 0.01% Reduced -31.5k -31,460
38 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 217,002217.0k $10.9m $10.9m 0.02% Added +65.9k +65,893
39 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 214,983215.0k $10.9m $10.9m 0.06% Added +34.6k +34,559
40 Summit Financial, LLC 0.11% of their portfolio PARSIPPANY, NJ 193,690193.7k $9.8m $9.8m 0.11% Added +2.1k +2,085
41 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 182,660182.7k $9.2m $9.2m 0.01% Reduced -84.4k -84,397
42 ADAPT WEALTH ADVISORS, LLC 3.02% of their portfolio ATLANTA, GA 182,656182.7k $9.2m $9.2m 3.02% Reduced -6.9k -6,860
43 Pinnacle Wealth Management Group, Inc. 4.26% of their portfolio PLYMOUTH, MI 180,560180.6k $9.1m $9.1m 4.26% Added +1.8k +1,786
44 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 171,901171.9k $8.7m $8.7m 0.00% Added +16.2k +16,247
45 AVAII WEALTH MANAGEMENT, LLC 2.38% of their portfolio APPLETON, WI 159,757159.8k $8.1m $8.1m 2.38% Added +6.3k +6,348
46 REDW Wealth LLC 2.86% of their portfolio ALBUQUERQUE, NM 157,490157.5k $8.0m $8.0m 2.86% Added +36.8k +36,805
47 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 147,246147.2k $7.5m $7.5m 0.02% Added +24.4k +24,410
48 Smith Thornton Advisors LLC 3.14% of their portfolio HUNTSVILLE, AL 141,546141.5k $7.1m $7.1m 3.14% Added +10.2k +10,243
49 Trademark Financial Management, LLC 2.73% of their portfolio Bloomington, MN 131,815131.8k $6.7m $6.7m 2.73% Added +77.2k +77,249
50 Quadcap Wealth Management, LLC 0.61% of their portfolio Frisco, TX 124,518124.5k $6.3m $6.3m 0.61% Reduced -3.9k -3,871
51 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 120,467120.5k $6.1m $6.1m 0.01% Added +103.3k +103,321
52 Midwest Capital Advisors, LLC 2.46% of their portfolio Grand Rapids, MI 119,864119.9k $6.1m $6.1m 2.46% Added +8.3k +8,290
53 Pine Valley Investments Ltd Liability Co 0.26% of their portfolio MARLTON, NJ 119,596119.6k $6.1m $6.1m 0.26% Added +3.0k +3,040
54 UBS Group AG 0.00% of their portfolio ZURICH, V8 119,371119.4k $6.0m $6.0m 0.00% Reduced -91.1k -91,054
55 Darrow Company, Inc. 2.32% of their portfolio Needham, MA 118,115118.1k $6.0m $6.0m 2.32% Added +4.2k +4,231
56 Clarity Asset Management, Inc. 2.91% of their portfolio AMES, IA 117,432117.4k $5.9m $5.9m 2.91% Added +5.5k +5,481
57 Farther Finance Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 102,500102.5k $5.2m $5.2m 0.04% Reduced -14.4k -14,357
58 Bensler, LLC 0.45% of their portfolio Bellevue, WA 101,114101.1k $5.1m $5.1m 0.45% Reduced -12.7k -12,717
59 Rooted Wealth Advisors, Inc. 1.22% of their portfolio BOURBONNAIS, IL 98,43898.4k $5.0m $5.0m 1.22% Added +27.4k +27,353
60 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 97,63497.6k $4.9m $4.9m 0.03% Added +21.3k +21,345
61 CREATIVE FINANCIAL DESIGNS INC /ADV 0.24% of their portfolio KOKOMO, IN 97,53597.5k $4.9m $4.9m 0.24% Reduced -88.4k -88,371
62 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.23% of their portfolio CEDAR RAPIDS, IA 94,78894.8k $4.8m $4.8m 0.23% Added +10.0k +9,951
63 Allen Capital Group, LLC 0.37% of their portfolio GRAND ISLAND, NE 90,04890.0k $4.6m $4.6m 0.37% Added +9.4k +9,356
64 Kingsview Wealth Management, LLC 0.05% of their portfolio GRANTS PASS, OR 85,19885.2k $4.3m $4.3m 0.05% Reduced -1.6k -1,647
65 Valmark Advisers, Inc. 0.05% of their portfolio AKRON, OH 84,06284.1k $4.3m $4.3m 0.05% Added +20.2k +20,188
66 Tulsa Wealth Advisors, INC 0.54% of their portfolio TULSA, OK 75,58675.6k $3.8m $3.8m 0.54% Added +947 +947
67 Madison Wealth Partners, Inc 0.43% of their portfolio MADISON, WI 67,19067.2k $3.4m $3.4m 0.43% Added +8.2k +8,152
68 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 66,44566.4k $3.4m $3.4m 0.00% New
69 Patriot Financial Group Insurance Agency, LLC 0.34% of their portfolio Westborough, MA 66,23566.2k $3.4m $3.4m 0.34% Reduced -56.0k -56,005
70 OneAscent Wealth Management LLC 0.98% of their portfolio BIRMINGHAM, AL 64,76164.8k $3.3m $3.3m 0.98% Added +12.9k +12,853
71 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 63,14263.1k $3.2m $3.2m 0.00% Added +17.5k +17,472
72 Samalin Investment Counsel, LLC 0.89% of their portfolio CHAPPAQUA, NY 54,96955.0k $2.8m $2.8m 0.89% Reduced -2.5k -2,487
73 Comprehensive Wealth Management, LLC 1.11% of their portfolio LYNNWOOD, WA 47,91147.9k $2.4m $2.4m 1.11% Added +25.4k +25,360
74 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 47,90347.9k $2.4m $2.4m 0.00% Reduced -61.4k -61,400
75 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 45,39445.4k $2.3m $2.3m 0.02% Added +1.3k +1,314
76 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 41,89741.9k $2.0m $2.0m 0.00% New
77 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 41,52441.5k $2.1m $2.1m 0.03% Added +12.4k +12,419
78 Ameritas Advisory Services, LLC 0.04% of their portfolio Lincoln, NE 41,35141.4k $2.1m $2.1m 0.04% New
79 Lakeridge Wealth Management LLC 0.73% of their portfolio MENTOR, OH 39,39339.4k $2.0m $2.0m 0.73% Reduced -22.2k -22,198
80 Elk River Wealth Management LLC 0.28% of their portfolio DENVER, CO 35,13535.1k $1.8m $1.8m 0.28% Reduced -3.6k -3,580
81 AlphaCore Capital LLC 0.03% of their portfolio LA JOLLA, CA 34,46634.5k $1.7m $1.7m 0.03% New
82 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 31,36131.4k $1.6m $1.6m 0.00% Added +11.7k +11,665
83 FLAGSHIP HARBOR ADVISORS, LLC 0.06% of their portfolio BOSTON, MA 29,77929.8k $1.5m $1.5m 0.06% Added +3.2k +3,236
84 Miller Financial Services LLC 1.20% of their portfolio MARSHALL, MI 29,30129.3k $1.5m $1.5m 1.20% Added +7.1k +7,131
85 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 28,87928.9k $1.5m $1.5m 0.00% Reduced -522 -522
86 Wall Street Financial Group, Inc. 0.78% of their portfolio CARLINVILLE, IL 28,82328.8k $1.5m $1.5m 0.78% New
87 Stratos Investment Management, LLC 0.05% of their portfolio BEACHWOOD, OH 27,78027.8k $1.4m $1.4m 0.05% Added +3.3k +3,319
88 SILVER OAK SECURITIES, INCORPORATED 0.08% of their portfolio JACKSON, TN 25,94725.9k $1.3m $1.3m 0.08% Added +1.0k +1,021
89 Axis Wealth Partners, LLC 0.62% of their portfolio EAST PROVIDENCE, RI 25,56825.6k $1.3m $1.3m 0.62% Reduced -514 -514
90 Maridea Wealth Management LLC 0.13% of their portfolio BROOKLYN, NY 24,12724.1k $1.2m $1.2m 0.13% Added +18.8k +18,841
91 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 23,37923.4k $1.2m $1.2m 0.01% Reduced -951 -951
92 Fiscal Wisdom Wealth Management, LLC 0.88% of their portfolio Canton, CT 20,58120.6k $1.0m $1.0m 0.88% New
93 Mariner, LLC 0.00% of their portfolio Overland Park, KS 19,51019.5k $987.6k $987.6k 0.00% Reduced -7.7k -7,705
94 Betterment LLC 0.00% of their portfolio NEW YORK, NY 18,86818.9k $955.0k $955.0k 0.00% Added +5.8k +5,803
95 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 18,55518.6k $939.3k $939.3k 0.01% Added +689 +689
96 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 0.07% of their portfolio GRAND BLANC, MI 18,48818.5k $935.9k $935.9k 0.07% Added +8 +8
97 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 18,39418.4k $931.1k $931.1k 0.02% Reduced -5.6k -5,625
98 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 18,26818.3k $924.7k $924.7k 0.01% Reduced -8.7k -8,675
99 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 18,15818.2k $919.0k $919.0k 0.04% Added +8.2k +8,159
100 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 17,92217.9k $907.2k $907.2k 0.01% Reduced -4.8k -4,828