SCHEDULE: Victory Capital Management Discloses Hub Group Stake

Victory Capital Management, Inc. has filed a Schedule 13G, reporting beneficial ownership of 3.67% of Hub Group, Inc. common stock as of December 31, 2025.

Summary

• Victory Capital Management, Inc. has filed an amendment to its Schedule 13G, indicating its beneficial ownership of Hub Group, Inc. common stock.
• As of December 31, 2025, Victory Capital Management, Inc. beneficially owned 2,221,768 shares of Hub Group, Inc. common stock.
• This represents 3.67% of the total class of securities.
• The filing indicates sole voting power over 2,207,893 shares and sole dispositive power over 2,221,768 shares.
• Victory Capital Management, Inc. is filing under Rule 13d-1(b) and is classified as an investment adviser.
• The company certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It is a routine disclosure of beneficial ownership by an institutional investor and does not inherently signal positive or negative performance for Hub Group, Inc.

Positives

• Victory Capital Management, Inc. holds a significant stake (3.67%) in Hub Group, Inc., suggesting confidence in the company's value.
• The filing confirms that the shares are held in the ordinary course of business, implying a standard investment strategy rather than a hostile takeover attempt.

Negatives

• The filing does not contain any negative financial or operational information about Hub Group, Inc. itself, as it is a disclosure of ownership by an external entity.

Risks

• The primary risk associated with this type of filing is the potential for increased trading volume and price volatility if Victory Capital Management, Inc. decides to increase or decrease its stake significantly.
• There is a general market risk that the value of Hub Group, Inc. stock could decline due to broader economic factors or industry-specific challenges, impacting the investment held by Victory Capital Management, Inc.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from Hub Group, Inc. It is a disclosure of beneficial ownership by Victory Capital Management, Inc.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."
• "By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Victory Capital Management, Inc. is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s)."
• "I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors like Victory Capital Management, Inc. when their ownership stake in a public company crosses a certain threshold. This filing indicates Victory Capital Management, Inc. is a significant institutional holder in the logistics and transportation sector, where Hub Group operates.

Stakeholder Impact

• Shareholders of Hub Group, Inc.: The filing indicates a significant institutional investor's stake, which can influence market perception and potentially stock price due to the investor's trading activities.
• Victory Capital Management, Inc.: The filing confirms a substantial investment in Hub Group, Inc., aligning with its role as an investment adviser managing assets on behalf of its clients.

Next Steps

• Victory Capital Management, Inc. will continue to monitor its investment in Hub Group, Inc.
• Hub Group, Inc. will continue its normal course of business operations.
• Victory Capital Management, Inc. may provide further updates if its ownership stake changes significantly or if required by regulations.

Key Dates

Keywords

Hub Group, Victory Capital Management, Schedule 13G, SEC Filing, Beneficial Ownership, Common Stock, Investment Adviser, Securities Exchange Act