Victory Capital Management
San Antonio, TXfiles as VICTORY CAPITAL MANAGEMENT INC
$177.3bn in 2,455 US stocks at the end of 30 June 2026. The top 10 are 19.9% of the money. It changed about 13.5% of the portfolio this quarter.
Value
$177.3bn
Stocks
2,455
Top 10 share
19.9%
Turnover
13.5%
What changed this quarter
New
Bought for the first time this quarter.
- DuPont de NemoursDD0.2% of the fund
- GlobalfoundriesGFS0.1% of the fund
- Fervo EnergyFRVO<0.1% of the fund
- Honeywell InternationalHON<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- CarnivalCCL<0.1% of the fund
- Cardinal Infrastructure GroupCDNL<0.1% of the fund
- VersigentVGNT<0.1% of the fund
- Ishares TRIYT<0.1% of the fund
- Select Sector Spdr TRXLB<0.1% of the fund
- Space Exploration TechnologiesSPCX<0.1% of the fund
- Vanguard Scottsdale FDSBNDW<0.1% of the fund
- NokiaNOK<0.1% of the fund
- Ishares TRSHY<0.1% of the fund
- WhiteHawk MineralsWHK<0.1% of the fund
- PPL<0.1% of the fund
- Lincoln InternationalLCLN<0.1% of the fund
- Thomson Reuters Corp /canTRI<0.1% of the fund
- Ssga Active ETF TRSRLN<0.1% of the fund
- Invesco Exch Traded FD TR IIBKLN<0.1% of the fund
- eToro GroupETOR<0.1% of the fund
- Global X FDSEMBD<0.1% of the fund
- Voyager TechnologiesVOYG<0.1% of the fund
- TrimasTRS<0.1% of the fund
- Ascendis Pharma A/SASND<0.1% of the fund
Added
Bought more of a stock they already held.
- NvidiaNVDA3.9% of the fund+6%
- MicrosoftMSFT2.4% of the fund+5%
- AlphabetGOOGL2.1% of the fund+6%
- Eli LillyLLY1.4% of the fund+15%
- AlphabetGOOG1.2% of the fund+7%
- BroadcomAVGO1.2% of the fund+8%
- Bank of AmericaBAC1.0% of the fund+24%
- Meta PlatformsMETA0.9% of the fund+11%
- United Parcel ServiceUPS0.9% of the fund+29%
- NRG EnergyNRG0.8% of the fund+33%
- Labcorp HoldingsLH0.8% of the fund+5%
- TeslaTSLA0.8% of the fund+56%
- SynopsysSNPS0.7% of the fund+13%
- Micron TechnologyMU0.7% of the fund+3%
- Vertex PharmaceuticalsVRTX0.6% of the fund+15%
- Regal RexnordRRX0.6% of the fund+7%
- Martin Marietta MaterialsMLM0.6% of the fund+9%
- Freeport-McMoRanFCX0.6% of the fund+46%
- Uber TechnologiesUBER0.5% of the fund+6%
- GE VernovaGEV0.5% of the fund+29%
- Constellation EnergyCEG0.5% of the fund+39%
- State StreetSTT0.4% of the fund+128%
- Booking HoldingsBKNG0.4% of the fund+7%
- AdobeADBE0.4% of the fund+35%
- NetflixNFLX0.4% of the fund+6%
Cut
Sold some of their stake.
- Amazon.comAMZN2.1% of the fund-7%
- Advanced Micro DevicesAMD1.4% of the fund-15%
- Cisco SystemsCSCO0.8% of the fund-16%
- VisaV0.8% of the fund-13%
- AmphenolAPH0.6% of the fund-3%
- ASML Holding NVASML0.5% of the fund-13%
- Microchip TechnologyMCHP0.5% of the fund-16%
- BJ's Wholesale Club HoldingsBJ0.5% of the fund-16%
- Truist FinancialTFC0.4% of the fund-42%
- ServiceNowNOW0.4% of the fund-6%
- SandiskSNDK0.4% of the fund-23%
- Johnson & JohnsonJNJ0.4% of the fund-24%
- International Business MachinesIBM0.4% of the fund-27%
- Lam ResearchLRCX0.3% of the fund-7%
- MastercardMA0.3% of the fund-5%
- US Foods HoldingUSFD0.3% of the fund-10%
- Quanta ServicesPWR0.3% of the fund-45%
- CaterpillarCAT0.3% of the fund-6%
- CMS EnergyCMS0.3% of the fund-4%
- MastecMTZ0.3% of the fund-24%
- Alliant EnergyLNT0.3% of the fund-11%
- Keysight TechnologiesKEYS0.3% of the fund-6%
- EMCOR GroupEME0.3% of the fund-22%
- Texas InstrumentsTXN0.3% of the fund-4%
- PinterestPINS0.3% of the fund-5%
Sold out
Sold their entire stake.
- Coterra EnergyCTRA-100%
- DuPont de NemoursDD-100%
- Honeywell InternationalHON-100%
- Carnival-100%
- Franco NevadaFNV-100%
- Select Sector Spdr TRXLP-100%
- Pursuit Attractions & HospitalityPRSU-100%
- AmcorAMCR-100%
- Sunbelt Rentals HoldingsSUNB-100%
- Flex LNGFLNG-100%
- Vanguard Scottsdale FDSVCIT-100%
- IsharesEEMA-100%
- Sila Realty Trust-100%
- Vanguard Intl Equity Index FVGK-100%
- Thomson Reuters-100%
- Sportradar Group AGSRAD-100%
- Ishares TREFA-100%
- Birkenstock HoldingBIRK-100%
- UBS Group AGUBS-100%
- Enact HoldingsACT-100%
- Brookfield InfrastructureBIPC-100%
- Ascendis Pharma A/SASND-100%
- Canadian National RailwayCNI-100%
- Hologic-100%
- Canadian Pacific Kansas CityCP-100%
Holdings
- Victory Portfolios IIUITB
- Share
- 0.4%
- Value
- $696m
- Shares
- 14,850,508
Held
- Victory Portfolios IIUBND
- Share
- 0.3%
- Value
- $499m
- Shares
- 22,967,672
Held
- Victory Portfolios IIGFLW
- Share
- 0.2%
- Value
- $400m
- Shares
- 11,660,479
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 3.9% | $7.0bn | 34,853,857 | +6% |
| AppleAAPL | 3.1% | $5.4bn | 18,748,292 | Held |
| MicrosoftMSFT | 2.4% | $4.2bn | 11,231,028 | +5% |
| AlphabetGOOGL | 2.1% | $3.8bn | 10,538,377 | +6% |
| Amazon.comAMZN | 2.1% | $3.8bn | 15,743,243 | -7% |
| Eli LillyLLY | 1.4% | $2.6bn | 2,141,447 | +15% |
| Advanced Micro DevicesAMD | 1.4% | $2.5bn | 4,325,880 | -15% |
| AlphabetGOOG | 1.2% | $2.2bn | 6,181,965 | +7% |
| BroadcomAVGO | 1.2% | $2.1bn | 5,555,094 | +8% |
| Bank of AmericaBAC | 1.0% | $1.8bn | 31,441,932 | +24% |
| Meta PlatformsMETA | 0.9% | $1.6bn | 2,877,996 | +11% |
| United Parcel ServiceUPS | 0.9% | $1.5bn | 14,251,075 | +29% |
| Cisco SystemsCSCO | 0.8% | $1.5bn | 12,802,148 | -16% |
| VisaV | 0.8% | $1.5bn | 4,253,298 | -13% |
| NRG EnergyNRG | 0.8% | $1.4bn | 9,524,776 | +33% |
| Labcorp HoldingsLH | 0.8% | $1.4bn | 4,837,573 | +5% |
| TeslaTSLA | 0.8% | $1.3bn | 3,199,616 | +56% |
| SynopsysSNPS | 0.7% | $1.3bn | 2,860,290 | +13% |
| Micron TechnologyMU | 0.7% | $1.3bn | 1,090,355 | +3% |
| KLAKLAC | 0.7% | $1.2bn | 3,872,736 | Held |
| Applied MaterialsAMAT | 0.6% | $1.1bn | 1,569,763 | Held |
| AmphenolAPH | 0.6% | $1.1bn | 6,221,795 | -3% |
| Vertex PharmaceuticalsVRTX | 0.6% | $1.1bn | 2,173,152 | +15% |
| Regal RexnordRRX | 0.6% | $1.1bn | 4,484,153 | +7% |
| Martin Marietta MaterialsMLM | 0.6% | $1.0bn | 1,783,432 | +9% |
| Freeport-McMoRanFCX | 0.6% | $1.0bn | 16,319,528 | +46% |
| Uber TechnologiesUBER | 0.5% | $968m | 13,418,234 | +6% |
| ASML Holding NVASML | 0.5% | $947m | 476,010 | -13% |
| Microchip TechnologyMCHP | 0.5% | $894m | 9,806,001 | -16% |
| GE VernovaGEV | 0.5% | $833m | 709,173 | +29% |
| BJ's Wholesale Club HoldingsBJ | 0.5% | $827m | 9,479,369 | -16% |
| Constellation EnergyCEG | 0.5% | $803m | 3,233,698 | +39% |
| JPMorgan ChaseJPM | 0.5% | $801m | 2,448,359 | Held |
| Truist FinancialTFC | 0.4% | $782m | 15,702,067 | -42% |
| State StreetSTT | 0.4% | $764m | 4,502,183 | +128% |
| Booking HoldingsBKNG | 0.4% | $752m | 4,220,949 | +7% |
| AdobeADBE | 0.4% | $716m | 3,490,203 | +35% |
| ServiceNowNOW | 0.4% | $711m | 7,163,661 | -6% |
| SandiskSNDK | 0.4% | $706m | 310,668 | -23% |
| NetflixNFLX | 0.4% | $702m | 9,838,548 | +6% |
| Devon EnergyDVN | 0.4% | $702m | 16,992,378 | +86% |
| Victory Portfolios IIUITB | 0.4% | $696m | 14,850,508 | Held |
| Johnson & JohnsonJNJ | 0.4% | $666m | 2,620,929 | -24% |
| ExxonMobil HoldingsXOM | 0.4% | $665m | 4,864,844 | +39% |
| Goldman Sachs GroupGS | 0.4% | $663m | 655,492 | +6% |
| QualcommQCOM | 0.4% | $661m | 3,576,365 | +37% |
| TJX CompaniesTJX | 0.4% | $644m | 4,252,665 | Held |
| AccentureACN | 0.4% | $638m | 5,126,038 | +24% |
| International Business MachinesIBM | 0.4% | $622m | 2,212,859 | -27% |
| Eversource EnergyES | 0.3% | $618m | 8,553,991 | +17% |
| Lam ResearchLRCX | 0.3% | $612m | 1,412,598 | -7% |
| MastercardMA | 0.3% | $605m | 1,177,116 | -5% |
| SalesforceCRM | 0.3% | $594m | 3,793,799 | +54% |
| Bristol-Myers SquibbBMY | 0.3% | $586m | 10,168,924 | +11% |
| EatonETN | 0.3% | $569m | 1,334,139 | +12% |
| US Foods HoldingUSFD | 0.3% | $557m | 5,443,787 | -10% |
| T-Mobile USTMUS | 0.3% | $556m | 3,317,538 | +91% |
| Lowe's CompaniesLOW | 0.3% | $552m | 2,503,145 | +7% |
| NewmontNEM | 0.3% | $537m | 5,747,167 | +19% |
| Ross StoresROST | 0.3% | $536m | 2,520,493 | Held |
| MerckMRK | 0.3% | $532m | 4,143,885 | +9% |
| Regions FinancialRF | 0.3% | $524m | 17,357,535 | +14% |
| Intuitive SurgicalISRG | 0.3% | $517m | 1,300,881 | Held |
| Quanta ServicesPWR | 0.3% | $515m | 715,821 | -45% |
| CaterpillarCAT | 0.3% | $512m | 481,112 | -6% |
| Taiwan Semiconductor ManufacturingTSM | 0.3% | $509m | 1,065,259 | +5% |
| CMS EnergyCMS | 0.3% | $505m | 6,595,840 | -4% |
| MastecMTZ | 0.3% | $503m | 1,210,079 | -24% |
| Victory Portfolios IIUBND | 0.3% | $499m | 22,967,672 | Held |
| Expand EnergyEXE | 0.3% | $492m | 5,396,426 | +13% |
| Alliant EnergyLNT | 0.3% | $491m | 6,442,409 | -11% |
| Keysight TechnologiesKEYS | 0.3% | $490m | 1,399,463 | -6% |
| Analog DevicesADI | 0.3% | $489m | 1,230,737 | +23% |
| EMCOR GroupEME | 0.3% | $488m | 587,535 | -22% |
| Huntington BancsharesHBAN | 0.3% | $486m | 27,430,517 | +108% |
| Williams CompaniesWMB | 0.3% | $482m | 6,488,650 | +42% |
| Cardinal HealthCAH | 0.3% | $470m | 1,977,579 | +43% |
| IntelINTC | 0.3% | $469m | 3,357,740 | Held |
| US BancorpUSB | 0.3% | $461m | 7,640,353 | +5% |
| Rockwell AutomationROK | 0.3% | $461m | 931,970 | +23% |
| Texas InstrumentsTXN | 0.3% | $459m | 1,539,539 | -4% |
| Motorola SolutionsMSI | 0.3% | $456m | 1,097,734 | +24% |
| PinterestPINS | 0.3% | $456m | 21,678,049 | -5% |
| Molina HealthcareMOH | 0.3% | $453m | 1,980,615 | -4% |
| BoeingBA | 0.3% | $445m | 2,054,226 | +81% |
| CRH PublicCRH | 0.2% | $441m | 4,117,862 | -3% |
| Packaging Corp of AmericaPKG | 0.2% | $436m | 1,831,180 | -10% |
| WalmartWMT | 0.2% | $435m | 3,839,127 | -7% |
| Expedia GroupEXPE | 0.2% | $435m | 1,698,444 | -11% |
| CSXCSX | 0.2% | $431m | 9,066,745 | -20% |
| ShopifySHOP | 0.2% | $425m | 3,722,361 | +46% |
| RPM InternationalRPM | 0.2% | $425m | 3,823,468 | Held |
| Carrier GlobalCARR | 0.2% | $419m | 5,716,732 | -4% |
| O'Reilly AutomotiveORLY | 0.2% | $410m | 4,454,128 | -4% |
| HubbellHUBB | 0.2% | $408m | 779,296 | +10% |
| RevvityRVTY | 0.2% | $406m | 3,645,905 | +8% |
| Victory Portfolios IIGFLW | 0.2% | $400m | 11,660,479 | Held |
| AbbVieABBV | 0.2% | $398m | 1,581,740 | +4% |
| Camden Property TrustCPT | 0.2% | $397m | 3,471,862 | +18% |
| Cheniere EnergyLNG | 0.2% | $394m | 1,649,269 | +44% |
Showing the largest 100 of 2,455.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 15.2% since 30 June 2025.
Where the money is
Technology27.8%
Industrials13.1%
Financial services11.1%
Health care9.4%
Retail & consumer8.9%
Media & telecom6.4%
Materials4.7%
Energy4.2%
Utilities3.9%
Everyday goods3.3%
Real estate2.0%
Other5.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.