Victory Capital Management Portfolio holdings

Victory Capital Management's Q1 2018 Portfolio in Review

As of Q1 2018, Victory Capital Management held 1,994 positions worth $45.8B, down 3.5% from $47.5B the previous quarter. Its ten largest holdings account for 6.8% of the portfolio.

Victory Capital Management withdrew a net $2.56B in Q1 2018, closing 189 positions and reducing 718 holdings. Its most notable exit was Wells Fargo 7.5% Non Cumv Perp Conv, an estimated $64.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.

Against the trend, Victory Capital Management opened a new position in Steris worth $114M.

• Victory Capital Management's largest Q1 2018 buy was Steris: 1,225,800 shares worth $114M.
• Victory Capital Management added most to Kroger in Q1 2018, an estimated $227M increase.
• Victory Capital Management's biggest Q1 2018 reduction was VF Corp, cutting an estimated $164M.
• Victory Capital Management fully exited Wells Fargo 7.5% Non Cumv Perp Conv in Q1 2018, selling an estimated $64.4M.
• Victory Capital Management's ten largest holdings make up 6.8% of its $45.8B portfolio in Q1 2018.
• Victory Capital Management opened 177 new positions and closed 189 in Q1 2018.
• Victory Capital Management's portfolio value fell 3.5% quarter-over-quarter to $45.8B.

Based on Victory Capital Management's 13F filing for Q1 2018, filed 4 May 2018.