Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB)

• Market cap: $736M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

90% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 21

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

1% more funds holding

Funds holding: 81 [Q1] → 82 (+1) [Q2]

2% more capital invested

Capital invested by funds: $518M [Q1] → $529M (+$11.6M) [Q2]

3.96% less ownership

Funds ownership: 86.92% [Q1] → 82.96% (-3.96%) [Q2]