Victory Portfolios II - VictoryShares Short-Term Bond ETF

SecurityUSTB / Victory Portfolios II - VictoryShares Short-Term Bond ETF
InstitutionMorgan Stanley
Latest Disclosed Ownership2,528,426 shares
Latest Disclosed Value $ 127,887,816
Morgan Stanley reports 16.33% increase in ownership of USTB / Victory Portfolios II - VictoryShares Short-Term Bond ETF

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 2,528,426 shares of Victory Portfolios II - VictoryShares Short-Term Bond ETF (US:USTB) valued at $127,887,787 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 2,173,526 shares of Victory Portfolios II - VictoryShares Short-Term Bond ETF. This represents a change in shares of 16.33% during the quarter. The current value of the position is $128,115,345 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 2,528,426 354,900 16.33 127,888 15.73 0.0077
2026-05-27 2025-12-31 13F/A-1 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 2,173,526 486,138 28.81 110,502 28.43 0.0066
2026-02-13 2025-12-31 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 2,173,526 486,138 110,502 0.0066
2026-05-27 2025-09-30 13F/A-1 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 1,687,388 746,899 79.42 86,040 80.02 0.0052
2025-11-14 2025-09-30 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 1,687,388 746,899 86,040 0.0052
2025-08-15 2025-06-30 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 940,489 315,551 50.49 47,796 51.00 0.0031
2025-05-15 2025-03-31 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 624,938 73,545 13.34 31,653 14.36 0.0023
2025-05-15 2024-12-31 13F/A-1 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 551,393 -116,166 -17.40 27,680 -18.39 0.0019
2025-02-14 2024-12-31 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 551,393 -116,166 27,680 0.0019
2025-05-14 2024-09-30 13F/A-2 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 667,559 212,228 46.61 33,919 49.58 0.0025
2025-02-14 2024-09-30 13F/A-1 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 667,559 212,228 33,919 0.0025
2024-11-14 2024-09-30 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 667,559 212,228 33,919 0.0003
2025-05-14 2024-06-30 13F/A-2 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 455,331 71,000 18.47 22,675 18.40 0.0018
2024-10-17 2024-06-30 13F/A-1 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 455,331 71,000 22,675 0.0018
2024-08-14 2024-06-30 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 455,331 71,000 22,675 0.0018
2024-10-17 2024-03-31 13F/A-2 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 384,331 41,354 12.06 19,151 12.60 0.0015
2024-08-16 2024-03-31 13F/A-1 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 384,331 41,354 19,151 0.0002
2024-05-15 2024-03-31 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 384,331 41,354 19,151 0.0015
2024-08-16 2023-12-31 13F/A-1 VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 342,977 64,277 23.06 17,008 24.75 0.0015
2024-02-13 2023-12-31 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 342,977 64,277 17,008 0.0015
2023-11-15 2023-09-30 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 278,700 -55,318 -16.56 13,634 -16.49 0.0014
2023-08-14 2023-06-30 13F VICTORY PORTFOLIOS II SHORT TRM BD ETF 92647N535 334,018 -112,920 -25.27 16,327 -25.53 0.0016
2023-05-15 2023-03-31 13F VICTORY PORTFOLIOS II VCTRYSHS USAA CR 92647N535 446,938 -170,493 -27.61 21,922 -27.00 0.0024
2023-02-14 2022-12-31 13F VICTORY PORTFOLIOS II VCTRYSHS USAA CR 92647N535 617,431 358,960 138.88 30,032 139.94 0.0034
2022-11-14 2022-09-30 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 258,471 222,148 611.59 12,516 603.54 0.0017
2022-10-27 2022-06-30 13F/A-1 VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 36,323 -25,160 -40.92 1,779 -41.98 0.0002
2022-08-15 2022-06-30 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 36,323 -25,160 1,779 0.0000
2022-10-27 2022-03-31 13F/A-1 VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 61,483 11,414 22.80 3,066 19.30 0.0004
2022-05-13 2022-03-31 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 61,483 11,414 3,066 0.0004
2022-02-14 2021-12-31 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 50,069 23,567 88.93 2,570 87.18 0.0003
2021-11-15 2021-09-30 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 26,502 10,245 63.02 1,373 62.68 0.0002
2021-08-23 2021-06-30 13F/A-1 VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 16,257 1,894 13.19 844 13.59 0.0001
2021-08-16 2021-06-30 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 16,257 1,894 844 0.0000
2021-05-17 2021-03-31 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 14,363 -5,068 -26.08 743 -26.22 0.0001
2021-02-16 2020-12-31 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 19,431 7,880 68.22 1,007 68.39 0.0002
2020-11-13 2020-09-30 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 11,551 -4,182 -26.58 598 -26.08 0.0001
2020-08-14 2020-06-30 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 15,733 2,152 15.85 809 20.93 0.0002
2020-05-26 2020-03-31 13F/A-1 VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 13,581 -9,363 -40.81 669 -42.38 0.0002
2020-05-15 2020-03-31 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 13,581 -2,372,617 669 51.3931
2020-02-14 2019-12-31 13F VICTORY PORTFOLIOS II VICTORYSHS SHORT 92647N535 22,944 22,944 1,161 0.0003
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.