Vault-13

VICTORY PORTFOLIOS II CDC

VCSHS US EQ INCM · ETP · CUSIP 92647N824

99 institutional holders -5 vs Q1 2025
7,978,5318.0m shares reported held*
$508.4mreported value*
6 new 28 added 46 reduced 10 sold out net bought ≈ $6.9m (+108.4k 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 ≈ $63.72.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 138Q4 22: 150Q1 23: 141Q2 23: 134Q3 23: 114Q4 23: 121Q1 24: 105Q2 24: 102Q3 24: 102Q4 24: 100Q1 25: 104Q2 25: 9999Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022138
Q4 2022150
Q1 2023141
Q2 2023134
Q3 2023114
Q4 2023121
Q1 2024105
Q2 2024102
Q3 2024102
Q4 2024100
Q1 2025104
Q2 202599

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 25 bought or addedQ3 23: 101 cut or sold outQ4 23: 27 bought or addedQ4 23: 84 cut or sold outQ4 23Q1 24: 27 bought or addedQ1 24: 87 cut or sold outQ2 24: 24 bought or addedQ2 24: 64 cut or sold outQ2 24Q3 24: 33 bought or addedQ3 24: 55 cut or sold outQ4 24: 24 bought or addedQ4 24: 61 cut or sold outQ4 24Q1 25: 39 bought or addedQ1 25: 54 cut or sold outQ2 25: 34 bought or addedQ2 25: 56 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202325101
Q4 20232784
Q1 20242787
Q2 20242464
Q3 20243355
Q4 20242461
Q1 20253954
Q2 20253456

Biggest buyers

ROYAL BANK OF CANADA Added +316,495+316.5k
CITADEL ADVISORS LLC Added +38,039+38.0k
Rockefeller Capital Management L.P. Added +20,353+20.4k
CWM, LLC Added +20,080+20.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +13,180+13.2k
OSAIC HOLDINGS, INC. Added +12,623+12.6k
Russell Investments Group, Ltd. New +11,040+11.0k
GOLDMAN SACHS GROUP INC Added +8,788+8.8k
GTS SECURITIES LLC New +7,771+7.8k
Atria Wealth Solutions, Inc. New +7,442+7.4k

Biggest sellers

RAYMOND JAMES FINANCIAL INC Reduced -75,836-75.8k
Beta Wealth Group, Inc. Sold out -63,055-63.1k
Cambridge Investment Research Advisors, Inc. Reduced -40,527-40.5k
UBS Group AG Reduced -34,234-34.2k
MORGAN STANLEY Reduced -32,919-32.9k
AMERIPRISE FINANCIAL INC Reduced -20,464-20.5k
LPL Financial LLC Reduced -17,883-17.9k
SILVER OAK SECURITIES, INCORPORATED Reduced -13,513-13.5k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -9,706-9.7k
TWO SIGMA INVESTMENTS, LP Sold out -6,000-6.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,258,9931.3m $80.2m $80.2m 0.01% Reduced -32.9k -32,919
2 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 758,693758.7k $48.3m $48.3m 0.02% Reduced -75.8k -75,836
3 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 620,546620.5k $39.5m $39.5m 0.00% Added +316.5k +316,495
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 599,519599.5k $38.2m $38.2m 0.01% Reduced -17.9k -17,883
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 577,860577.9k $36.8m $36.8m 0.00% Added +5.9k +5,869
6 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 507,659507.7k $32.3m $32.3m 0.02% Reduced -9.7k -9,706
7 SILVER OAK SECURITIES, INCORPORATED 2.65% of their portfolio JACKSON, TN 499,265499.3k $31.8m $31.8m 2.65% Reduced -13.5k -13,513
8 ATLANTIC FAMILY WEALTH, LLC 20.76% of their portfolio CORAL GABLES, FL 374,605374.6k $23.9m $23.9m 20.76% Added +4.0k +4,036
9 CWM, LLC 0.07% of their portfolio OMAHA, NE 318,509318.5k $20.3m $20.3m 0.07% Added +20.1k +20,080
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 238,715238.7k $15.2m $15.2m 0.00% Reduced -1.3k -1,265
11 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 181,300181.3k $11.6m $11.6m 0.02% Reduced -825 -825
12 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 170,500170.5k $10.9m $10.9m 0.03% Reduced -40.5k -40,527
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 167,067167.1k $10.6m $10.6m 0.00% Reduced -5.8k -5,802
14 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 143,382143.4k $9.1m $9.1m 0.00% Reduced -20.5k -20,464
15 Garrett Wealth Advisory Group, LLC 1.63% of their portfolio WEATHERFORD, TX 121,243121.2k $7.7m $7.7m 1.63% Reduced -710 -710
16 Integrated Wealth Concepts LLC 0.07% of their portfolio WALTHAM, MA 113,394113.4k $7.2m $7.2m 0.07% Reduced -3.1k -3,137
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 106,084106.1k $6.8m $6.8m 0.00% Reduced -34.2k -34,234
18 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 93,48793.5k $6.0m $6.0m 0.03% Reduced -1.6k -1,635
19 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 75,77375.8k $4.8m $4.8m 0.01% Added +12.6k +12,623
20 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 72,66172.7k $4.6m $4.6m 0.00% Added +3.1k +3,054
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 60,97261.0k $3.9m $3.9m 0.00% Added +8.8k +8,788
22 Strategic Blueprint, LLC 0.17% of their portfolio ATLANTA, GA 54,59754.6k $3.5m $3.5m 0.17% Added +531 +531
23 MONEY CONCEPTS CAPITAL CORP 0.22% of their portfolio PALM BEACH GARDENS, FL 51,55051.5k $3.3m $3.3m 0.22% Reduced -3.9k -3,911
24 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 50,66150.7k $3.2m $3.2m 0.01% Added +1.8k +1,755
25 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 47,03247.0k $3.0m $3.0m 0.02% Reduced -68 -68
26 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 43,95644.0k $2.8m $2.8m 0.00% Added +20.4k +20,353
27 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 41,88941.9k $2.7m $2.7m 0.01% Reduced -2.2k -2,188
28 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 41,62041.6k $2.7m $2.7m 0.00% Added +38.0k +38,039
29 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 38,04938.0k $2.4m $2.4m 0.00% Reduced -476 -476
30 MATHER GROUP, LLC. 0.03% of their portfolio CHICAGO, IL 37,80537.8k $2.4m $2.4m 0.03% Reduced -321 -321
31 Keystone Financial Group 0.19% of their portfolio LEXINGTON, KY 33,90633.9k $2.2m $2.2m 0.19% Reduced -1.4k -1,401
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 32,32432.3k $2.1m $2.1m 0.00% Added +1.2k +1,187
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 27,69327.7k $1.8m $1.8m 0.00% Added +13.2k +13,180
34 PFG Advisors 0.08% of their portfolio Phoenix, AZ 27,68427.7k $1.8m $1.8m 0.08% Added +1.9k +1,925
35 KPP Advisory Services LLC 0.26% of their portfolio Louisville, KY 25,20725.2k $1.6m $1.6m 0.26% Reduced -471 -471
36 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 24,64724.6k $1.6m $1.6m 0.01% Reduced -5.9k -5,905
37 STRATEGIC PLANNING GROUP, LLC 0.23% of their portfolio Bountiful, UT 22,36722.4k $1.4m $1.4m 0.23% Added +1.9k +1,928
38 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 20,69820.7k $1.3m $1.3m 0.03% Reduced -5.9k -5,942
39 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 18,32118.3k $1.2m $1.2m 0.01% Added +2.4k +2,400
40 Salus Financial Advisors, LLC 0.77% of their portfolio COLORADO SPRINGS, CO 18,03718.0k $1.1m $1.1m 0.77% Reduced -113 -113
41 Axis Wealth Partners, LLC 0.55% of their portfolio EAST PROVIDENCE, RI 13,06313.1k $832.2k $832.2k 0.55% Reduced -131 -131
42 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 12,57012.6k $800.8k $800.8k 0.04% Reduced -71 -71
43 GPS Wealth Strategies Group, LLC 0.09% of their portfolio CENTENNIAL, CO 11,91911.9k $759.4k $759.4k 0.09% Reduced -116 -116
44 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 11,36411.4k $724.0k $724.0k 0.01% Reduced -595 -595
45 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 11,04011.0k $703.4k $703.4k 0.00% New
46 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 9,7589.8k $621.7k $621.7k 0.01% Reduced -2.2k -2,228
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 9,4569.5k $602.4k $602.4k 0.00% Added +5.4k +5,390
48 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 9,1249.1k $581.3k $581.3k 0.01% Added +35 +35
49 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 8,5718.6k $546.1k $546.1k 0.03% Added +73 +73
50 Smith Thornton Advisors LLC 0.31% of their portfolio HUNTSVILLE, AL 8,4808.5k $540.3k $540.3k 0.31% Reduced -100 -100
51 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 8,3648.4k $532.9k $532.9k 0.00% Reduced -4 -4
52 Patriot Financial Group Insurance Agency, LLC 0.06% of their portfolio Westborough, MA 7,9017.9k $503.4k $503.4k 0.06% Added +34 +34
53 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 7,7717.8k $495.1k $495.1k 0.02% New
54 UNIQUE WEALTH, LLC 0.08% of their portfolio TAMPA, FL 7,5737.6k $482.5k $482.5k 0.08% Reduced -3.7k -3,735
55 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 7,4427.4k $474.1k $474.1k 0.01% New
56 Comprehensive Financial Planning, Inc./PA 0.37% of their portfolio EAST PETERSBURG, PA 7,3047.3k $465.3k $465.3k 0.37% Added +67 +67
57 CoreCap Advisors, LLC 0.02% of their portfolio SOUTHFIELD, MI 6,7896.8k $432.5k $432.5k 0.02% Reduced -142 -142
58 Vantage Financial Partners, LLC 0.10% of their portfolio ELM GROVE, WI 6,5956.6k $420.2k $420.2k 0.10% Reduced -2.4k -2,422
59 CALTON & ASSOCIATES, INC. 0.07% of their portfolio Tampa, FL 6,1616.2k $392.5k $392.5k 0.07% Reduced -476 -476
60 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,1086.1k $389.2k $389.2k 0.00% Added +36 +36
61 AMERIFLEX GROUP, INC. 0.20% of their portfolio LAS VEGAS, NV 6,0966.1k $386.1k $386.1k 0.20% Added +15 +15
62 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 5,4915.5k $349.8k $349.8k 0.00% Unchanged
63 First Heartland Consultants, Inc. 0.03% of their portfolio LAKE ST. LOUIS, MO 5,4745.5k $348.7k $348.7k 0.03% Unchanged
64 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 5,4555.5k $347.0k $347.0k 0.00% Added +2.4k +2,375
65 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,4275.4k $345.7k $345.7k 0.00% Reduced -207 -207
66 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 5,4045.4k $344.3k $344.3k 0.01% First filing
67 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 4,6344.6k $295.2k $295.2k 0.01% New
68 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 4,5984.6k $293.0k $293.0k 0.01% Reduced -3 -3
69 RPS ADVISORY SOLUTIONS LLC 0.15% of their portfolio LOUISVILLE, KY 4,3734.4k $278.6k $278.6k 0.15% Reduced -928 -928
70 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,3034.3k $274.1k $274.1k 0.00% Unchanged
71 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 4,2114.2k $268.3k $268.3k 0.01% Added +177 +177
72 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 3,6473.6k $232.3k $232.3k 0.01% Reduced -162 -162
73 Integrity Financial Corp /WA 0.12% of their portfolio JACKSON, WY 3,5563.6k $226.6k $226.6k 0.12% Added +1 +1
74 TIAA TRUST, NATIONAL ASSOCIATION 0.00% of their portfolio CHARLOTTE, NC 3,5563.6k $226.6k $226.6k 0.00% New
75 one8zero8, LLC 0.05% of their portfolio GREENSBORO, NC 3,3003.3k $210.2k $210.2k 0.05% Reduced -1.8k -1,810
76 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,2033.2k $204.1k $204.1k 0.00% Reduced -8 -8
77 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 2,6822.7k $170.9k $170.9k 0.00% Reduced -1.8k -1,844
78 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,2002.2k $140.2k $140.2k 0.01% Unchanged
79 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 1,1261.1k $71.7k $71.7k 0.00% Unchanged
80 DHJJ Financial Advisors, Ltd. 0.02% of their portfolio NAPERVILLE, IL 901901 $57.4k $57.4k 0.02% Unchanged
81 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 637637 $40.6k $40.6k 0.00% New
82 FMR LLC 0.00% of their portfolio BOSTON, MA 434434 $27.7k $27.7k 0.00% Reduced -209 -209
83 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 413413 $26.3k $26.3k 0.00% Unchanged
84 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 400400 $25.0k $25.0k 0.00% Unchanged
85 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 384384 $24.5k $24.5k 0.00% Reduced -1.9k -1,912
86 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 313313 $19.6k $19.6k 0.00% Added +125 +125
87 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 300300 $19.1k $19.1k 0.00% Unchanged
88 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 248248 $15.8k $15.8k 0.00% Added +2 +2
89 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 241241 $15.4k $15.4k 0.00% Reduced -383 -383
90 Pacific Center for Financial Services 0.00% of their portfolio DANVILLE, CA 227227 $14.4k $14.4k 0.00% Unchanged
91 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 200200 $12.7k $12.7k 0.00% Unchanged
92 Capital Advisors, Ltd. LLC 0.00% of their portfolio SHAKER HEIGHTS, OH 162162 $10.0k $10.0k 0.00% Unchanged
93 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 158158 $10.1k $10.1k 0.00% Unchanged
94 Operose Advisors LLC 0.00% of their portfolio MILWAUKEE, WI 136136 $8.7k $8.7k 0.00% Unchanged
95 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 6969 $4.4k $4.4k 0.00% Unchanged
96 Park Square Financial Group, LLC 0.00% of their portfolio ROSWELL, GA 3434 $2.2k $2.2k 0.00% Unchanged
97 Koesten, Hirschmann & Crabtree, INC. 0.00% of their portfolio OVERLAND PARK, KS 2424 $1.5k $1.5k 0.00% Unchanged
98 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1717 $1.1k $1.1k 0.00% Reduced -7 -7
99 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged