Victory Portfolios II VictoryShares Short-Term Bond ETF
USTB
141 hedge funds and large institutions have $1.55B invested in Victory Portfolios II VictoryShares Short-Term Bond ETF in 2026 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 82 increasing their positions, 35 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
134% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 35
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
19% more capital invested
Capital invested by funds: $1.3B → $1.55B (+$244M)
6% more funds holding
Funds holding: 133 → 141 (+8)
0.79% more ownership
Funds ownership: 75.25% → 76.04% (+0.79%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
SHP Wealth Management
Plymouth,
Massachusetts
|
+$63.4M |
| 2 |
Jane Street
New York
|
+$23.3M |
| 3 |
Morgan Stanley
New York
|
+$18.1M |
| 4 |
LPL Financial
San Diego,
California
|
+$13.9M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$7.03M |
| 2 |
PVI
Pine Valley Investments
Marlton,
New Jersey
|
-$4.39M |
| 3 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
-$2.34M |
| 4 |
MWM
Maridea Wealth Management
Brooklyn,
New York
|
-$2.2M |
| 5 |
B
Bensler
Bellevue,
Washington
|
-$2.07M |
USTB Hedge Fund Activity: Q1 2026 in Review
141 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) for Q1 2026, worth a combined $1.55B — up 19% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new USTB positions and 4 closed out — a net gain of 10 holders — while 82 added to existing stakes and 35 trimmed.
The largest buyer was SHP Wealth Management, adding an estimated $63.4M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $7.03M.
- 141 institutional investors held Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) as of Q1 2026, up from 133 in Q4 2025.
- Funds reported $1.55B of Victory Portfolios II VictoryShares Short-Term Bond ETF stock for Q1 2026, up 19% quarter-over-quarter.
- 14 funds opened new Victory Portfolios II VictoryShares Short-Term Bond ETF positions in Q1 2026 and 4 closed out, a net change of +10 holders.
- The largest Victory Portfolios II VictoryShares Short-Term Bond ETF buyer in Q1 2026 was SHP Wealth Management, an estimated $63.4M added.
- The largest Victory Portfolios II VictoryShares Short-Term Bond ETF seller in Q1 2026 was Wealth Enhancement Advisory Services, an estimated $7.03M sold.
Based on aggregated 13F filings for Q1 2026.