VICTORY CAP HLDGS INC VCTR
COM CL A · Common Stock · CUSIP 92645B103
American asset management company
- SectorFinancials
- IndustryInvestment Advice
- HeadquartersBrooklyn, OH
- Founded1894
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.8m this quarter). Holder counts are more reliable. Shares outstanding: 66.8m as of 2025-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $63.74. Options: 4 managers hold calls ($839.8k notional), 3 hold puts ($336.9k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 125 |
| Q4 2022 | 155 |
| Q1 2023 | 176 |
| Q2 2023 | 177 |
| Q3 2023 | 187 |
| Q4 2023 | 215 |
| Q1 2024 | 229 |
| Q2 2024 | 235 |
| Q3 2024 | 241 |
| Q4 2024 | 276 |
| Q1 2025 | 286 |
| Q2 2025 | 308 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 111 | 62 |
| Q4 2023 | 120 | 72 |
| Q1 2024 | 129 | 90 |
| Q2 2024 | 127 | 114 |
| Q3 2024 | 122 | 113 |
| Q4 2024 | 145 | 96 |
| Q1 2025 | 141 | 119 |
| Q2 2025 | 160 | 132 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $869.7k | $282.5k | 0.32 |
| Q4 2024 | $484.4k | $386.2k | 0.80 |
| Q1 2025 | $711.8k | $729.2k | 1.02 |
| Q2 2025 | $839.8k | $336.9k | 0.40 |
Biggest buyers
| Amundi | New | +3.3m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +285.1k |
| Capital World Investors | Added | +202.6k |
| GOLDMAN SACHS GROUP INC | Added | +160.7k |
| ROYCE & ASSOCIATES LP | Added | +152.1k |
| Granahan Investment Management, LLC | Added | +147.4k |
| VANGUARD GROUP INC | Added | +130.6k |
| Annex Advisory Services, LLC | Added | +124.8k |
| ROYAL BANK OF CANADA | Added | +120.7k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | Added | +120.1k |
Biggest sellers
| Cambria Investment Management, L.P. | Sold out | -276.7k |
| FRANKLIN RESOURCES INC | Reduced | -242.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -222.8k |
| Bahl & Gaynor LLC | Reduced | -181.1k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -121.2k |
| Richard Bernstein Advisors LLC | Sold out | -80.0k |
| MORGAN STANLEY | Reduced | -59.2k |
| BANK OF MONTREAL /CAN/ | Reduced | -54.8k |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -51.4k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -48.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $420.2k6.6k shares |
| CITADEL ADVISORS LLC | Reduced | $356.6k5.6k shares |
| SIMPLEX TRADING, LLC | New | $63.0k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $292.9k4.6k shares |
| SIMPLEX TRADING, LLC | New | $44.0k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.2 pts · filed 2026-10-27 | 11.3% |
Fell to 5% or below in the last year: Crestview Partners II GP, L.P. (3.2%, 2026-08-14), Capital World Investors (3.8%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 1 | $11.8m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Crestview Partners II GP, L.P. 87.91% of their portfolio | 7.6m $484.9m | Added +531 |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.2m $269.1m | Added +130.6k |
| BlackRock, Inc. 0.00% of their portfolio | 3.7m $235.1m | Added +39.2k |
| Capital World Investors 0.03% of their portfolio | 3.5m $220.8m | Added +202.6k |
| Amundi 0.07% of their portfolio | 3.3m $213.2m | New |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 2.2m $137.4m | Reduced -242.7k |
| Van Berkom & Associates Inc. 3.38% of their portfolio | 1.8m $113.6m | Reduced -16.9k |
| Bahl & Gaynor LLC 0.53% of their portfolio | 1.6m $104.7m | Reduced -181.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.4m $90.4m | Reduced -25.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.4m $86.5m | Added +285.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.3m $82.9m | Reduced -222.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.29% of their portfolio | 1.2m $79.4m | Reduced -33.5k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $78.9m | Added +40.0k |
| Granahan Investment Management, LLC 3.10% of their portfolio | 1.2m $76.1m | Added +147.4k |
| LSV ASSET MANAGEMENT 0.16% of their portfolio | 1.1m $70.4m | Reduced -47.2k |
| TimesSquare Capital Management, LLC 0.71% of their portfolio | 778.3k $49.6m | Reduced -22.2k |
| Swedbank AB 0.04% of their portfolio | 600.0k $38.2m | First filing |
| Impax Asset Management Group plc 0.22% of their portfolio | 600.0k $38.2m | Reduced -25.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 533.1k $33.9m | Added +21.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 527.0k $33.6m | Added +160.7k |
| Annex Advisory Services, LLC 0.80% of their portfolio | 520.0k $33.1m | Added +124.8k |
| ROYCE & ASSOCIATES LP 0.33% of their portfolio | 505.6k $32.2m | Added +152.1k |
| Nuveen, LLC 0.01% of their portfolio | 459.1k $29.2m | Reduced -12.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 439.0k $28.0m | Added +16.0k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.39% of their portfolio | 437.4k $27.8m | Added +120.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 434.6k $27.7m | Added +17.2k |
| Mariner, LLC 0.03% of their portfolio | 320.3k $20.4m | Reduced -866 |
| MORGAN STANLEY 0.00% of their portfolio | 309.4k $19.7m | Reduced -59.2k |
| JB CAPITAL PARTNERS LP 3.29% of their portfolio | 276.8k $17.6m | Unchanged |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 267.1k $17.0m | Added +6.2k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.08% of their portfolio | 250.5k $15.9m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 250.3k $15.9m | Added +120.7k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 234.9k $15.0m | Reduced -20.4k |
| FMR LLC 0.00% of their portfolio | 212.5k $13.5m | Added +8.4k |
| UBS Group AG 0.00% of their portfolio | 177.4k $11.3m | Added +31.7k |
| Invesco Ltd. 0.00% of their portfolio | 163.9k $10.4m | Reduced -36.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 159.7k $10.2m | Added +113.3k |
| ALPS ADVISORS INC 0.06% of their portfolio | 157.3k $10.0m | Reduced -1.0k |
| Pembroke Management, LTD 1.19% of their portfolio | 154.7k $9.9m | Reduced -3.3k |
| RBF Capital, LLC 0.47% of their portfolio | 149.1k $9.5m | Unchanged |
| Brandywine Global Investment Management, LLC 0.07% of their portfolio | 147.6k $9.4m | Reduced -5.7k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 145.1k $9.2m | Added +793 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 140.8k $9.0m | Added +42.5k |
| Gator Capital Management, LLC 2.58% of their portfolio | 130.2k $8.3m | Reduced -600 |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 127.5k $8.1m | Reduced -2.6k |
| ARGENT CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 121.3k $7.7m | Added +1.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 119.7k $7.6m | Reduced -121.2k |
| Clark Capital Management Group, Inc. 0.05% of their portfolio | 114.8k $7.3m | Reduced -37.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 114.3k $7.3m | Reduced -13.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 112.7k $7.2m | Added +24.6k |
| Steamboat Capital Partners, LLC 2.04% of their portfolio | 112.7k $7.2m | Reduced -2.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 109.5k $7.0m | Added +8.6k |
| DENALI ADVISORS LLC 0.70% of their portfolio | 105.3k $6.7m | Added +87.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 104.0k $6.6m | Added +4.6k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 103.5k $6.6m | New |
| Aptus Capital Advisors, LLC 0.06% of their portfolio | 99.1k $6.3m | Added +8.8k |
| MOODY NATIONAL BANK TRUST DIVISION 0.57% of their portfolio | 98.3k $6.3m | Added +17.1k |
| BARCLAYS PLC 0.00% of their portfolio | 96.3k $6.1m | Added +33.8k |
| F/m Investments LLC 0.22% of their portfolio | 93.9k $6.0m | Reduced -12.5k |
| GABELLI FUNDS LLC 0.04% of their portfolio | 93.8k $6.0m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 91.6k $5.8m | Added +1.6k |
| Kendall Capital Management 1.52% of their portfolio | 90.2k $5.7m | Added +2.5k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 90.1k $5.7m | Added +26.2k |
| Savant Capital, LLC 0.04% of their portfolio | 85.5k $5.4m | Added +662 |
| Verition Fund Management LLC 0.03% of their portfolio | 85.3k $5.4m | Added +52.0k |
| Swiss National Bank 0.00% of their portfolio | 83.1k $5.3m | Added +1.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 74.8k $4.8m | Reduced -21.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 70.2k $4.5m | Reduced -54.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 69.7k $4.4m | Reduced -4.2k |
| DANSKE BANK A/S 0.01% of their portfolio | 69.2k $4.4m | Added +1.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 66.2k $4.2m | Added +8.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 65.1k $4.1m | Reduced -15.0k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 64.1k $4.1m | Reduced -5.0k |
| Man Group plc 0.01% of their portfolio | 62.0k $3.9m | Added +6.2k |
| Empowered Funds, LLC 0.04% of their portfolio | 61.2k $3.9m | Added +13.4k |
| SEIZERT CAPITAL PARTNERS, LLC 0.17% of their portfolio | 60.7k $3.9m | Added +1.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 60.2k $3.8m | Reduced -15.9k |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 59.3k $3.8m | New |
| Legal & General Group Plc 0.00% of their portfolio | 54.5k $3.5m | Added +6.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 53.0k $3.4m | Reduced -3.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 50.6k $3.2m | Reduced -2.8k |
| MALTESE CAPITAL MANAGEMENT LLC 0.45% of their portfolio | 50.0k $3.2m | Reduced -10.0k |
| Livforsakringsbolaget Skandia, Omsesidigt 0.14% of their portfolio | 49.7k $3.2m | Added +7.2k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 48.9k $3.1m | Reduced -20.0k |
| HANTZ FINANCIAL SERVICES, INC. 0.05% of their portfolio | 45.7k $2.9m | Reduced -2.3k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 45.7k $2.9m | Added +17.9k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 45.4k $2.9m | Reduced -7.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 44.9k $2.9m | Added +28.7k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 43.0k $2.7m | Reduced -12.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 42.1k $2.7m | Reduced -56 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 40.1k $2.6m | Reduced -24.7k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 39.3k $2.5m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 39.1k $2.5m | Added +463 |
| Nebula Research & Development LLC 0.21% of their portfolio | 37.9k $2.4m | Added +1.4k |
| Redhawk Wealth Advisors, Inc. 0.30% of their portfolio | 37.5k $2.4m | Added +1.4k |
| Moran Wealth Management, LLC 0.07% of their portfolio | 37.2k $2.4m | Reduced -8.3k |
| DAYMARK WEALTH PARTNERS, LLC 0.09% of their portfolio | 37.1k $2.4m | Added +99 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 36.5k $2.3m | Added +5.1k |
| Bard Financial Services, Inc. 0.27% of their portfolio | 36.0k $2.3m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 35.4k $2.3m | New |