Vault-13

VICTORY PORTFOLIOS II CFA

VCSHS US 500 VOL · ETP · CUSIP 92647N766

69 institutional holders +3 vs Q1 2025
3,697,8083.7m shares reported held*
$325.2mreported value*
6 new 19 added 27 reduced 4 sold out net sold ≈ $1.4m (-15.5k shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $87.96.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 59Q4 22: 60Q1 23: 57Q2 23: 64Q3 23: 68Q4 23: 66Q1 24: 65Q2 24: 65Q3 24: 71Q4 24: 69Q1 25: 66Q2 25: 6969Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202259
Q4 202260
Q1 202357
Q2 202364
Q3 202368
Q4 202366
Q1 202465
Q2 202465
Q3 202471
Q4 202469
Q1 202566
Q2 202569

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 23: 25 bought or addedQ3 23: 30 cut or sold outQ4 23: 21 bought or addedQ4 23: 33 cut or sold outQ4 23Q1 24: 24 bought or addedQ1 24: 34 cut or sold outQ2 24: 28 bought or addedQ2 24: 29 cut or sold outQ2 24Q3 24: 28 bought or addedQ3 24: 27 cut or sold outQ4 24: 22 bought or addedQ4 24: 34 cut or sold outQ4 24Q1 25: 25 bought or addedQ1 25: 36 cut or sold outQ2 25: 25 bought or addedQ2 25: 31 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232530
Q4 20232133
Q1 20242434
Q2 20242829
Q3 20242827
Q4 20242234
Q1 20252536
Q2 20252531

Biggest buyers

ROYAL BANK OF CANADA Added +69,033+69.0k
GOLDMAN SACHS GROUP INC Added +8,951+9.0k
JONES FINANCIAL COMPANIES LLLP Added +8,274+8.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +5,920+5.9k
Claro Advisors Inc. New +4,652+4.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +4,089+4.1k
PNC Financial Services Group, Inc. New +3,743+3.7k
Quantinno Capital Management LP New +3,361+3.4k
Concurrent Investment Advisors, LLC New +3,339+3.3k
Summit Financial, LLC Added +3,046+3.0k

Biggest sellers

CITADEL ADVISORS LLC Sold out -39,744-39.7k
MORGAN STANLEY Reduced -33,384-33.4k
AMERIPRISE FINANCIAL INC Reduced -14,662-14.7k
BANK OF AMERICA CORP /DE/ Reduced -12,378-12.4k
OSAIC HOLDINGS, INC. Reduced -5,738-5.7k
COMERICA BANK Reduced -4,522-4.5k
WELLS FARGO & COMPANY/MN Reduced -4,054-4.1k
PRIVATE CLIENT SERVICES, LLC Sold out -2,992-3.0k
RAYMOND JAMES FINANCIAL INC Reduced -2,716-2.7k
CALTON & ASSOCIATES, INC. Sold out -2,672-2.7k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 661,840661.8k $58.2m $58.2m 0.00% Reduced -33.4k -33,384
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 380,214380.2k $33.4m $33.4m 0.00% Reduced -12.4k -12,378
3 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 300,080300.1k $26.4m $26.4m 0.01% Reduced -2.7k -2,716
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 288,239288.2k $25.4m $25.4m 0.02% Added +5.9k +5,920
5 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 270,283270.3k $23.8m $23.8m 0.01% Reduced -4.1k -4,054
6 COMERICA BANK 0.09% of their portfolio DALLAS, TX 255,932255.9k $22.5m $22.5m 0.09% Reduced -4.5k -4,522
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 168,385168.4k $14.8m $14.8m 0.00% Reduced -481 -481
8 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 133,771133.8k $11.8m $11.8m 0.06% Reduced -451 -451
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 132,684132.7k $11.7m $11.7m 0.00% Added +69.0k +69,033
10 SILVER OAK SECURITIES, INCORPORATED 0.89% of their portfolio JACKSON, TN 121,488121.5k $10.7m $10.7m 0.89% Reduced -1.4k -1,439
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 119,159119.2k $10.5m $10.5m 0.00% Reduced -1.3k -1,281
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 111,614111.6k $9.8m $9.8m 0.00% Reduced -133 -133
13 Summit Financial, LLC 0.17% of their portfolio PARSIPPANY, NJ 86,21886.2k $7.6m $7.6m 0.17% Added +3.0k +3,046
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 66,71866.7k $5.9m $5.9m 0.00% Added +9.0k +8,951
15 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 57,02257.0k $5.0m $5.0m 0.00% Reduced -700 -700
16 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 50,19250.2k $4.4m $4.4m 0.01% Reduced -545 -545
17 Larson Financial Group LLC 0.17% of their portfolio ST LOUIS, MO 49,27949.3k $4.3m $4.3m 0.17% Reduced -287 -287
18 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 48,15148.2k $4.2m $4.2m 0.01% Reduced -5.7k -5,738
19 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 45,54145.5k $4.0m $4.0m 0.00% Reduced -14.7k -14,662
20 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 35,89535.9k $3.1m $3.1m 0.00% Added +8.3k +8,274
21 LEVEL FOUR ADVISORY SERVICES, LLC 0.11% of their portfolio DALLAS, TX 34,42634.4k $3.0m $3.0m 0.11% Reduced -153 -153
22 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 28,56628.6k $2.5m $2.5m 0.01% Added +11 +11
23 Keystone Financial Group 0.18% of their portfolio LEXINGTON, KY 22,60322.6k $2.0m $2.0m 0.18% Reduced -1.2k -1,157
24 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 19,01819.0k $1.7m $1.7m 0.02% Added +1.2k +1,223
25 Rossmore Private Capital 0.18% of their portfolio GLASTONBURY, CT 17,85017.9k $1.6m $1.6m 0.18% Reduced -2.4k -2,400
26 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 13,60013.6k $1.2m $1.2m 0.00% Unchanged
27 MONEY CONCEPTS CAPITAL CORP 0.08% of their portfolio PALM BEACH GARDENS, FL 13,53813.5k $1.2m $1.2m 0.08% Reduced -663 -663
28 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 11,28711.3k $992.8k $992.8k 0.01% Added +20 +20
29 Golden State Wealth Management, LLC 0.12% of their portfolio SANTA ANA, CA 11,12311.1k $978.4k $978.4k 0.12% Reduced -313 -313
30 TBH Global Asset Management, LLC 0.19% of their portfolio Brentwood, TN 10,33310.3k $908.9k $908.9k 0.19% Unchanged
31 Smith Thornton Advisors LLC 0.50% of their portfolio HUNTSVILLE, AL 9,8999.9k $870.7k $870.7k 0.50% Reduced -1.7k -1,674
32 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 8,9779.0k $789.6k $789.6k 0.00% Added +66 +66
33 IHT Wealth Management, LLC 0.02% of their portfolio Chicago, IL 8,7198.7k $766.9k $766.9k 0.02% Reduced -74 -74
34 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 7,9678.0k $700.8k $700.8k 0.00% Added +28 +28
35 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 7,8377.8k $689.3k $689.3k 0.00% Unchanged
36 NWF Advisory Services Inc. 0.08% of their portfolio Los Angeles, CA 7,6597.7k $673.7k $673.7k 0.08% Unchanged
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 6,9496.9k $611.2k $611.2k 0.00% Added +4.1k +4,089
38 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 5,3515.4k $470.7k $470.7k 0.01% Reduced -56 -56
39 MPWM ADVISORY SOLUTIONS, LLC 0.28% of their portfolio ALPHARETTA, GA 5,0395.0k $443.2k $443.2k 0.28% Unchanged
40 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 4,8574.9k $427.2k $427.2k 0.00% Reduced -194 -194
41 Patriot Financial Group Insurance Agency, LLC 0.05% of their portfolio Westborough, MA 4,6754.7k $411.2k $411.2k 0.05% Unchanged
42 Claro Advisors Inc. 0.07% of their portfolio BOSTON, MA 4,6524.7k $409.2k $409.2k 0.07% New
43 OneAscent Family Office, LLC 0.36% of their portfolio BIRMINGHAM, AL 4,3684.4k $384.0k $384.0k 0.36% Unchanged
44 TruWealth Advisors, LLC 0.02% of their portfolio Metairie, LA 4,3434.3k $382.0k $382.0k 0.02% Unchanged
45 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 4,2654.3k $375.1k $375.1k 0.00% Added +678 +678
46 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 3,7433.7k $329.2k $329.2k 0.00% New
47 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 3,3613.4k $295.7k $295.7k 0.00% New
48 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 3,3393.3k $293.7k $293.7k 0.01% New
49 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.01% of their portfolio LOS ANGELES, CA 3,0913.1k $271.9k $271.9k 0.01% Added +9 +9
50 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 2,9603.0k $260.4k $260.4k 0.01% Unchanged
51 Good Life Advisors, LLC 0.02% of their portfolio READING, PA 2,9342.9k $258.1k $258.1k 0.02% Unchanged
52 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 2,5052.5k $220.3k $220.3k 0.00% Unchanged
53 Seven Springs Wealth Group, LLC 0.05% of their portfolio BRENTWOOD, TN 2,2772.3k $200.3k $200.3k 0.05% New
54 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 2,1432.1k $188.5k $188.5k 0.01% Added +3 +3
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,1302.1k $187.4k $187.4k 0.00% Added +1.8k +1,813
56 Financial Management Professionals, Inc. 0.02% of their portfolio AUSTIN, TX 1,7111.7k $150.5k $150.5k 0.02% New
57 GPS Wealth Strategies Group, LLC 0.01% of their portfolio CENTENNIAL, CO 1,3521.4k $118.9k $118.9k 0.01% Added +2 +2
58 FMR LLC 0.00% of their portfolio BOSTON, MA 1,2031.2k $105.8k $105.8k 0.00% Reduced -205 -205
59 Westside Investment Management, Inc. 0.02% of their portfolio SANTA MONICA, CA 1,0771.1k $94.7k $94.7k 0.02% Reduced -1.7k -1,711
60 CWM, LLC 0.00% of their portfolio OMAHA, NE 963963 $85.0k $85.0k 0.00% Unchanged
61 LANARK FINANCIAL, INC. 0.01% of their portfolio BIRMINGHAM, AL 956956 $84.0k $84.0k 0.01% Added +379 +379
62 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 437437 $38.4k $38.4k 0.00% Added +1 +1
63 Key Financial Inc 0.01% of their portfolio WEST CHESTER, PA 400400 $35.2k $35.2k 0.01% Unchanged
64 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 250250 $22.0k $22.0k 0.00% Reduced -200 -200
65 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 172172 $15.1k $15.1k 0.00% Unchanged
66 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 131131 $11.5k $11.5k 0.00% Unchanged
67 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 6060 $5.3k $5.3k 0.00% First filing
68 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 77 $616 $616 0.00% Added +3 +3
69 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged