Vault-13

VICTORY PORTFOLIOS II UBND

CORE PLUS BD ETF · ETP · CUSIP 92647X863

43 institutional holders +9 vs Q4 2025
80,395,33380.4m shares reported held*
$1.8bnreported value*
13 new 21 added 5 reduced 3 sold out net bought ≈ $219.3m (+10.1m 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 ≈ $21.78.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 3Q4 22: 3Q1 23: 5Q2 23: 5Q3 23: 8Q4 23: 14Q1 24: 14Q2 24: 19Q3 24: 18Q4 24: 21Q1 25: 24Q2 25: 25Q3 25: 31Q4 25: 34Q1 26: 4343Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 20223
Q4 20223
Q1 20235
Q2 20235
Q3 20238
Q4 202314
Q1 202414
Q2 202419
Q3 202418
Q4 202421
Q1 202524
Q2 202525
Q3 202531
Q4 202534
Q1 202643

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 14 bought or addedQ2 24: 4 cut or sold outQ3 24: 9 bought or addedQ3 24: 10 cut or sold outQ3 24Q4 24: 15 bought or addedQ4 24: 6 cut or sold outQ1 25: 18 bought or addedQ1 25: 5 cut or sold outQ1 25Q2 25: 15 bought or addedQ2 25: 9 cut or sold outQ3 25: 24 bought or addedQ3 25: 5 cut or sold outQ3 25Q4 25: 24 bought or addedQ4 25: 10 cut or sold outQ1 26: 34 bought or addedQ1 26: 8 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024144
Q3 2024910
Q4 2024156
Q1 2025185
Q2 2025159
Q3 2025245
Q4 20252410
Q1 2026348

Biggest buyers

VICTORY CAPITAL MANAGEMENT INC Added +2,608,764+2.6m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO New +1,760,311+1.8m
TRUIST FINANCIAL CORP New +1,537,657+1.5m
Madison Wealth Partners, Inc Added +1,229,384+1.2m
Retirement Planning Group, LLC Added +853,671+853.7k
Annex Advisory Services, LLC Added +704,134+704.1k
Merit Financial Group, LLC Added +567,558+567.6k
CAHABA WEALTH MANAGEMENT, INC. Added +316,424+316.4k
Goldstein Advisors, LLC Added +279,496+279.5k
U.S. Capital Wealth Advisors, LLC Added +203,299+203.3k

Biggest sellers

Corient Private Wealth LP Reduced -668,283-668.3k
Elk River Wealth Management LLC Reduced -25,758-25.8k
ASSETMARK, INC Reduced -2,120-2.1k
N.E.W. Advisory Services LLC Sold out -1,196-1.2k
Kestra Advisory Services, LLC Reduced -600-600
Steward Partners Investment Advisory, LLC Reduced -227-227
Allworth Financial LP Sold out -129-129
JONES FINANCIAL COMPANIES LLLP Sold out +00

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.32% of their portfolio San Antonio, TX 22,967,67223.0m $500.2m $500.2m 0.32% Added +2.6m +2,608,764
2 Annex Advisory Services, LLC 7.22% of their portfolio BROOKFIELD, WI 17,683,09117.7m $385.1m $385.1m 7.22% Added +704.1k +704,134
3 CAHABA WEALTH MANAGEMENT, INC. 12.09% of their portfolio Atlanta, GA 8,179,1768.2m $178.1m $178.1m 12.09% Added +316.4k +316,424
4 Retirement Planning Group, LLC 4.97% of their portfolio LEAWOOD, KS 7,358,5577.4m $160.3m $160.3m 4.97% Added +853.7k +853,671
5 Merit Financial Group, LLC 1.03% of their portfolio ALPHARETTA, GA 6,387,0756.4m $139.1m $139.1m 1.03% Added +567.6k +567,558
6 1900 WEALTH MANAGEMENT LLC 6.12% of their portfolio SAN ANTONIO, TX 4,379,4804.4m $95.4m $95.4m 6.12% Added +90.7k +90,707
7 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 2,053,6822.1m $44.7m $44.7m 0.07% Added +89.8k +89,813
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 1,760,3111.8m $38.3m $38.3m 0.02% New
9 Goldstein Advisors, LLC 4.10% of their portfolio Madison, WI 1,693,0511.7m $36.9m $36.9m 4.10% Added +279.5k +279,496
10 Madison Wealth Partners, Inc 5.57% of their portfolio MADISON, WI 1,603,7581.6m $34.9m $34.9m 5.57% Added +1.2m +1,229,384
11 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 1,537,6571.5m $33.6m $33.6m 0.05% New
12 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 1,208,3951.2m $26.3m $26.3m 0.04% Reduced -668.3k -668,283
13 CORRECT CAPITAL WEALTH MANAGEMENT 4.74% of their portfolio CLAYTON, MO 1,164,8351.2m $25.4m $25.4m 4.74% Added +25.0k +24,971
14 U.S. Capital Wealth Advisors, LLC 0.26% of their portfolio AUSTIN, TX 467,972468.0k $10.2m $10.2m 0.26% Added +203.3k +203,299
15 Elk River Wealth Management LLC 1.31% of their portfolio DENVER, CO 361,138361.1k $7.9m $7.9m 1.31% Reduced -25.8k -25,758
16 Huntleigh Advisors, Inc. 1.32% of their portfolio ST. LOUIS, MO 353,636353.6k $7.7m $7.7m 1.32% Added +20.3k +20,309
17 Impact Investors, Inc 3.90% of their portfolio SAN FRANCISCO, CA 258,046258.0k $5.6m $5.6m 3.90% Added +19.3k +19,264
18 OneDigital Investment Advisors LLC 0.04% of their portfolio OVERLAND PARK, KS 176,129176.1k $3.8m $3.8m 0.04% Added +4.4k +4,435
19 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 151,685151.7k $3.3m $3.3m 0.00% Added +32.9k +32,940
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 151,315151.3k $3.3m $3.3m 0.00% New
21 Tandem Financial, LLC 0.62% of their portfolio GREENWOOD VILLAGE, CO 83,73283.7k $1.8m $1.8m 0.62% New
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 68,25168.3k $1.5m $1.5m 0.00% Added +21.0k +21,004
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 44,45444.5k $968.2k $968.2k 0.00% Added +28.7k +28,735
24 Integrated Investment Consultants, LLC 0.18% of their portfolio BLOOMFIELD HILLS, MI 39,59639.6k $862.4k $862.4k 0.18% Unchanged
25 Trademark Financial Management, LLC 0.41% of their portfolio Bloomington, MN 38,63538.6k $841.5k $841.5k 0.41% New
26 LexAurum Advisors, LLC 0.08% of their portfolio OVERLAND PARK, KS 26,62326.6k $579.8k $579.8k 0.08% First filing
27 Stonebridge Financial Group, LLC / MO 0.44% of their portfolio ST. LOUIS, MO 24,16524.2k $526.3k $526.3k 0.44% Added +8.3k +8,342
28 CWM, LLC 0.00% of their portfolio OMAHA, NE 23,77923.8k $517.9k $517.9k 0.00% Unchanged
29 OneAscent Financial Services LLC 0.03% of their portfolio BIRMINGHAM, AL 22,66722.7k $493.7k $493.7k 0.03% New
30 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 21,23621.2k $462.5k $462.5k 0.00% Added +1.8k +1,823
31 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 16,47816.5k $359.0k $359.0k 0.01% New
32 Clarity Asset Management, Inc. 0.17% of their portfolio AMES, IA 15,29715.3k $333.2k $333.2k 0.17% New
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,07914.1k $306.6k $306.6k 0.00% New
34 Vise Technologies, Inc. 0.01% of their portfolio NEW YORK, NY 13,00413.0k $286.1k $286.1k 0.01% Unchanged
35 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 9,5009.5k $206.9k $206.9k 0.00% Reduced -600 -600
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 9,4699.5k $206.2k $206.2k 0.00% New
37 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 8,8848.9k $193.5k $193.5k 0.00% Reduced -227 -227
38 Comprehensive Financial Planning, Inc./PA 0.09% of their portfolio EAST PETERSBURG, PA 5,9405.9k $129.4k $129.4k 0.09% Added +4.8k +4,804
39 Park Place Capital Corp 0.02% of their portfolio Homewood, AL 4,2324.2k $92.2k $92.2k 0.02% Added +36 +36
40 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 3,5553.6k $77.4k $77.4k 0.00% New
41 Johnson Financial Group, Inc. 0.00% of their portfolio RACINE, WI 2,5012.5k $54.5k $54.5k 0.00% New
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,9411.9k $42.1k $42.1k 0.00% New
43 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 654654 $14.2k $14.2k 0.00% Reduced -2.1k -2,120