Victory Portfolios II VictoryShares Short-Term Bond ETF
USTB
121 hedge funds and large institutions have $951M invested in Victory Portfolios II VictoryShares Short-Term Bond ETF in 2025 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 61 increasing their positions, 29 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
110% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 29
10% more capital invested
Capital invested by funds: $865M → $951M (+$86M)
8% more funds holding
Funds holding: 112 → 121 (+9)
2.64% less ownership
Funds ownership: 76.77% → 74.12% (-2.6%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$15.8M |
| 3 |
SFGP
Stonebridge Financial Group (Pennsylvania)
Wormleysburg,
Pennsylvania
|
+$15.2M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$10.9M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$5.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$10.3M |
| 2 |
MAM
Marquette Asset Management
Minneapolis,
Minnesota
|
-$2.34M |
| 3 |
STA
Smith Thornton Advisors
Huntsville,
Alabama
|
-$1.52M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.32M |
| 5 |
EFL
ERn Financial LLC
Middleton,
Wisconsin
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Jones Financial Companies
Des Peres,
Missouri
| – | -$3.29K | -65 | Closed |
|
USTB Hedge Fund Activity: Q2 2025 in Review
121 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) for Q2 2025, worth a combined $951M — up 9.9% from $865M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new USTB positions and 5 closed out — a net gain of 11 holders — while 61 added to existing stakes and 29 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.9M. The largest seller was Redhawk Wealth Advisors, cutting an estimated $10.3M.
- 121 institutional investors held Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) as of Q2 2025, up from 112 in Q1 2025.
- Funds reported $951M of Victory Portfolios II VictoryShares Short-Term Bond ETF stock for Q2 2025, up 9.9% quarter-over-quarter.
- 16 funds opened new Victory Portfolios II VictoryShares Short-Term Bond ETF positions in Q2 2025 and 5 closed out, a net change of +11 holders.
- The largest Victory Portfolios II VictoryShares Short-Term Bond ETF buyer in Q2 2025 was Morgan Stanley, an estimated $15.9M added.
- The largest Victory Portfolios II VictoryShares Short-Term Bond ETF seller in Q2 2025 was Redhawk Wealth Advisors, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2025.