We are live on
!
Find out more
Victory Capital Management Portfolio holdings
AUM
$178B
1-Year Est. Return
37.23%
This Fund
S&P 500
This Quarter
Est. Return
+4%
1 Year Est. Return
+37.23%
3 Year Est. Return
+100.22%
5 Year Est. Return
+128.39%
10 Year Est. Return
+575.99%
AUM
$177B
AUM Growth
+$6.19B
(+3.6%)
Cap. Flow
+$10.7B
Cap. Flow
% of AUM
6.04%
Top 10 Holdings %
Top 10 Hldgs %
22.66%
Holding
2,534
New
122
Increased
1,179
Reduced
1,054
Closed
113
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.18B |
| 2 |
NRG Energy
NRG
|
+$813M |
| 3 |
Bank of America
BAC
|
+$810M |
| 4 |
NVIDIA
NVDA
|
+$744M |
| 5 |
Apple
AAPL
|
+$744M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$866M |
| 2 |
Advanced Micro Devices
AMD
|
+$575M |
| 3 |
Booking.com
BKNG
|
+$367M |
| 4 |
Principal Financial Group
PFG
|
+$280M |
| 5 |
Palo Alto Networks
PANW
|
+$267M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.52% |
| 2 | Financials | 13.38% |
| 3 | Consumer Discretionary | 10.69% |
| 4 | Industrials | 10.66% |
| 5 | Healthcare | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Freeport-McMoran
FCX
$96.9B
| $882M | 0.5% |
17,366,596
+3,894,872
| +29% | +$169M |
|
27
Johnson & Johnson
JNJ
$628B
| $870M | 0.49% |
4,204,386
-390,272
| -8% | -$77.2M |
|
28
Tesla
TSLA
$1.29T
| $864M | 0.49% |
1,922,239
-14,747
| -0.8% | -$6.54M |
|
29
Mastercard
MA
$490B
| $856M | 0.48% |
1,498,716
-391,261
| -21% | -$219M |
|
30
Microchip Technology
MCHP
$43.8B
| $852M | 0.48% |
13,375,920
+1,369,832
| +11% | +$84.5M |
|
31
Intuitive Surgical
ISRG
$142B
| $840M | 0.47% |
1,483,780
-457,530
| -24% | -$244M |
|
32
JPMorgan Chase
JPM
$972B
| $814M | 0.46% |
2,527,003
+165,166
| +7% | +$51.1M |
|
33
Applied Materials
AMAT
$438B
| $796M | 0.45% |
3,099,085
+415,450
| +15% | +$99.6M |
|
34
Regal Rexnord
RRX
$11.5B
| $794M | 0.45% |
5,658,365
+1,690,264
| +43% | +$241M |
|
35
Emcor
EME
$37.2B
| $781M | 0.44% |
1,276,966
+327,606
| +35% | +$212M |
|
|
36
Booking.com
BKNG
$159B
| $775M | 0.44% |
3,615,750
-1,781,025
| -33% | -$367M |
|
37
TJX Companies
TJX
$169B
| $773M | 0.44% |
5,031,485
+752,189
| +18% | +$111M |
|
38
Goldman Sachs
GS
$301B
| $768M | 0.43% |
874,254
+7,231
| +0.8% | +$5.9M |
|
39
Constellation Energy
CEG
$99.1B
| $767M | 0.43% |
2,170,936
+1,783,796
| +461% | +$648M |
|
40
Intuit
INTU
$90.9B
| $755M | 0.43% |
1,139,587
+85,256
| +8% | +$56.3M |
|
41
Apollo Global Management
APO
$82.2B
| $737M | 0.42% |
5,089,631
+1,636,725
| +47% | +$217M |
|
42
American Electric Power
AEP
$67.9B
| $728M | 0.41% |
6,316,688
+937,346
| +17% | +$111M |
|
43
Home Depot
HD
$344B
| $720M | 0.41% |
2,092,445
+71,647
| +4% | +$26.2M |
|
44
Victory Portfolios II VictoryShares Core Intermediate Bond ETF
UITB
$2.65B
| $703M | 0.4% |
14,850,508
+123,363
| +0.8% | +$5.87M |
|
45
Pinterest
PINS
$13B
| $694M | 0.39% |
26,808,870
+6,258,628
| +30% | +$180M |
|
46
Walt Disney
DIS
$178B
| $693M | 0.39% |
6,087,317
+606,191
| +11% | +$66.8M |
|
47
KLA
KLAC
$273B
| $679M | 0.38% |
5,586,000
+743,080
| +15% | +$87.2M |
|
48
Adobe
ADBE
$102B
| $671M | 0.38% |
1,916,802
+575,392
| +43% | +$196M |
|
49
Netflix
NFLX
$309B
| $651M | 0.37% |
6,943,971
+1,286,501
| +23% | +$139M |
|
50
Huntington Bancshares
HBAN
$36.1B
| $649M | 0.37% |
37,412,989
+3,182,001
| +9% | +$52.2M |
|
Similar funds
VGA
Victory Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Victory Capital Management held 2,534 positions worth $177B, up 3.6% from $171B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Victory Capital Management deployed $10.7B of net new capital in Q4 2025, opening 122 new positions and adding to 1,179 existing holdings. Its largest new stake was Solstice Advanced Materials: 951,210 shares worth $46.2M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 32% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Oracle, an estimated $866M trimmed.
- Victory Capital Management's largest Q4 2025 buy was Solstice Advanced Materials: 951,210 shares worth $46.2M.
- Victory Capital Management added most to Amazon in Q4 2025, an estimated $1.18B increase.
- Victory Capital Management's biggest Q4 2025 reduction was Oracle, cutting an estimated $866M.
- Victory Capital Management fully exited Qiagen in Q4 2025, selling an estimated $74M.
- Victory Capital Management's ten largest holdings make up 23% of its $177B portfolio in Q4 2025.
- Victory Capital Management opened 122 new positions and closed 113 in Q4 2025.
- Victory Capital Management's portfolio value rose 3.6% quarter-over-quarter to $177B.
Based on Victory Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.