Vault-13

VICTORY PORTFOLIOS II CDC

VCSHS US EQ INCM · ETP · CUSIP 92647N824

100 institutional holders +2 vs Q4 2025
6,838,5676.8m shares reported held*
$488.5mreported value*
11 new 25 added 40 reduced 6 sold out net sold ≈ $21.0m (-294.2k 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 ≈ $71.43.

Trends to Q1 2026

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: 99Q3 25: 97Q4 25: 98Q1 26: 100100Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 202597
Q4 202598
Q1 2026100

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 24 bought or addedQ2 24: 64 cut or sold outQ3 24: 33 bought or addedQ3 24: 55 cut or sold outQ3 24Q4 24: 24 bought or addedQ4 24: 61 cut or sold outQ1 25: 39 bought or addedQ1 25: 54 cut or sold outQ1 25Q2 25: 34 bought or addedQ2 25: 56 cut or sold outQ3 25: 26 bought or addedQ3 25: 60 cut or sold outQ3 25Q4 25: 32 bought or addedQ4 25: 57 cut or sold outQ1 26: 36 bought or addedQ1 26: 46 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20242464
Q3 20243355
Q4 20242461
Q1 20253954
Q2 20253456
Q3 20252660
Q4 20253257
Q1 20263646

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +29,114+29.1k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +21,205+21.2k
GOLDMAN SACHS GROUP INC Added +16,751+16.8k
BANK OF AMERICA CORP /DE/ Added +9,522+9.5k
WELLS FARGO & COMPANY/MN Added +7,971+8.0k
Patriot Financial Group Insurance Agency, LLC Added +7,423+7.4k
PFG Advisors Added +4,652+4.7k
Independent Advisor Alliance New +3,289+3.3k
Cambridge Investment Research Advisors, Inc. Added +3,057+3.1k
Corient Private Wealth LP New +3,016+3.0k

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -160,787-160.8k
ROYAL BANK OF CANADA Reduced -43,295-43.3k
CITADEL ADVISORS LLC Reduced -29,734-29.7k
OSAIC HOLDINGS, INC. Reduced -25,631-25.6k
LPL Financial LLC Reduced -18,505-18.5k
MORGAN STANLEY Reduced -18,425-18.4k
SILVER OAK SECURITIES, INCORPORATED Reduced -17,549-17.5k
RAYMOND JAMES FINANCIAL INC Reduced -16,966-17.0k
StoneX Group Inc. Sold out -13,458-13.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -12,432-12.4k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,123,6041.1m $80.3m $80.3m 0.00% Reduced -18.4k -18,425
2 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 654,702654.7k $46.8m $46.8m 0.01% Reduced -17.0k -16,966
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 587,584587.6k $42.0m $42.0m 0.00% Added +9.5k +9,522
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 520,338520.3k $37.2m $37.2m 0.01% Reduced -18.5k -18,505
5 SILVER OAK SECURITIES, INCORPORATED 2.44% of their portfolio JACKSON, TN 467,262467.3k $33.4m $33.4m 2.44% Reduced -17.5k -17,549
6 ATLANTIC FAMILY WEALTH, LLC 19.67% of their portfolio CORAL GABLES, FL 381,245381.2k $27.2m $27.2m 19.67% Reduced -4.2k -4,244
7 CWM, LLC 0.06% of their portfolio OMAHA, NE 303,538303.5k $21.7m $21.7m 0.06% Reduced -1.5k -1,533
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 283,727283.7k $20.3m $20.3m 0.01% Reduced -160.8k -160,787
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 231,579231.6k $16.5m $16.5m 0.00% Added +8.0k +7,971
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 226,861226.9k $16.2m $16.2m 0.00% Reduced -43.3k -43,295
11 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 177,935177.9k $12.7m $12.7m 0.03% Added +3.1k +3,057
12 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 164,765164.8k $11.8m $11.8m 0.02% Reduced -2.7k -2,701
13 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 152,213152.2k $10.9m $10.9m 0.02% Reduced -12.4k -12,432
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 117,938117.9k $8.4m $8.4m 0.00% Added +16.8k +16,751
15 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 110,100110.1k $7.9m $7.9m 0.06% Added +2.6k +2,636
16 Garrett Wealth Advisory Group, LLC 1.39% of their portfolio WEATHERFORD, TX 109,621109.6k $7.8m $7.8m 1.39% Reduced -4.7k -4,722
17 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 108,905108.9k $7.8m $7.8m 0.00% Reduced -6.9k -6,944
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 106,374106.4k $7.6m $7.6m 0.00% Added +1.5k +1,458
19 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 95,10095.1k $6.8m $6.8m 0.02% Reduced -3.3k -3,259
20 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 79,96180.0k $5.7m $5.7m 0.03% Reduced -2.4k -2,429
21 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 64,83264.8k $4.6m $4.6m 0.00% Added +1.8k +1,772
22 Strategic Blueprint, LLC 0.25% of their portfolio ATLANTA, GA 59,93559.9k $4.3m $4.3m 0.25% Added +129 +129
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 45,55145.6k $3.3m $3.3m 0.00% Added +29.1k +29,114
24 MATHER GROUP, LLC. 0.03% of their portfolio CHICAGO, IL 37,01637.0k $2.6m $2.6m 0.03% Reduced -196 -196
25 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 36,12036.1k $2.6m $2.6m 0.00% Reduced -2.7k -2,719
26 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 35,30135.3k $2.5m $2.5m 0.00% Reduced -3.8k -3,763
27 PFG Advisors 0.12% of their portfolio Phoenix, AZ 33,65233.7k $2.4m $2.4m 0.12% Added +4.7k +4,652
28 Keystone Financial Group 0.16% of their portfolio LEXINGTON, KY 32,86432.9k $2.3m $2.3m 0.16% Added +1.1k +1,112
29 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 32,23632.2k $2.3m $2.3m 0.00% Reduced -46 -46
30 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 29,77029.8k $2.1m $2.1m 0.00% Added +133 +133
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 28,63728.6k $2.0m $2.0m 0.00% Reduced -25.6k -25,631
32 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 26,91726.9k $1.9m $1.9m 0.00% Added +1.0k +1,029
33 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 21,20521.2k $1.5m $1.5m 0.00% New
34 Caprock Group, LLC 0.03% of their portfolio BOISE, ID 20,04320.0k $1.4m $1.4m 0.03% Unchanged
35 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 20,02720.0k $1.4m $1.4m 0.01% Added +675 +675
36 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,97320.0k $1.4m $1.4m 0.00% Reduced -29.7k -29,734
37 MONEY CONCEPTS CAPITAL CORP 0.08% of their portfolio PALM BEACH GARDENS, FL 19,55119.6k $1.4m $1.4m 0.08% Reduced -6.4k -6,403
38 Salus Financial Advisors, LLC 0.72% of their portfolio COLORADO SPRINGS, CO 17,28317.3k $1.2m $1.2m 0.72% Unchanged
39 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 16,32116.3k $1.2m $1.2m 0.04% Reduced -406 -406
40 Patriot Financial Group Insurance Agency, LLC 0.06% of their portfolio Westborough, MA 14,80414.8k $1.1m $1.1m 0.06% Added +7.4k +7,423
41 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.07% of their portfolio SALT LAKE CITY, UT 14,39714.4k $1.0m $1.0m 0.07% Unchanged
42 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 12,63312.6k $902.4k $902.4k 0.01% Reduced -1.6k -1,560
43 Western Wealth Management, LLC 0.03% of their portfolio GOLDEN, CO 12,22612.2k $873.3k $873.3k 0.03% Reduced -597 -597
44 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,03511.0k $788.2k $788.2k 0.00% Added +1.7k +1,732
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,97811.0k $784.1k $784.1k 0.00% Added +776 +776
46 Axis Wealth Partners, LLC 0.41% of their portfolio EAST PROVIDENCE, RI 10,89510.9k $778.2k $778.2k 0.41% Reduced -407 -407
47 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 9,0869.1k $649.0k $649.0k 0.03% Added +350 +350
48 KPP Advisory Services LLC 0.09% of their portfolio Louisville, KY 8,6178.6k $615.5k $615.5k 0.09% Reduced -4.7k -4,701
49 Smith Thornton Advisors LLC 0.30% of their portfolio HUNTSVILLE, AL 8,2548.3k $589.6k $589.6k 0.30% Reduced -225 -225
50 Comprehensive Financial Planning, Inc./PA 0.37% of their portfolio EAST PETERSBURG, PA 7,4937.5k $535.3k $535.3k 0.37% Added +43 +43
51 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 7,2107.2k $515.0k $515.0k 0.01% Reduced -543 -543
52 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 6,5026.5k $464.5k $464.5k 0.01% Reduced -927 -927
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,2246.2k $444.6k $444.6k 0.00% Added +35 +35
54 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 5,6825.7k $405.9k $405.9k 0.01% Reduced -111 -111
55 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 5,2685.3k $376.3k $376.3k 0.00% Unchanged
56 First Heartland Consultants, Inc. 0.03% of their portfolio LAKE ST. LOUIS, MO 5,2205.2k $373.9k $373.9k 0.03% Unchanged
57 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,2195.2k $372.8k $372.8k 0.00% Added +2 +2
58 Simplicity Wealth,LLC 0.02% of their portfolio SUMMIT, NJ 4,8814.9k $348.6k $348.6k 0.02% Added +664 +664
59 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 4,6294.6k $330.7k $330.7k 0.01% Added +105 +105
60 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,3034.3k $307.4k $307.4k 0.00% Unchanged
61 RPS ADVISORY SOLUTIONS LLC 0.17% of their portfolio LOUISVILLE, KY 4,2724.3k $305.1k $305.1k 0.17% Reduced -48 -48
62 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 4,2624.3k $304.4k $304.4k 0.01% Reduced -6.3k -6,288
63 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 3,9173.9k $279.8k $279.8k 0.01% Reduced -124 -124
64 Signal Advisors Wealth, LLC 0.02% of their portfolio DETROIT, MI 3,7963.8k $271.1k $271.1k 0.02% Unchanged
65 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 3,5483.5k $253.4k $253.4k 0.01% Unchanged
66 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.00% of their portfolio CHARLOTTE, NC 3,3263.3k $237.6k $237.6k 0.00% First filing
67 CALTON & ASSOCIATES, INC. 0.03% of their portfolio Tampa, FL 3,3123.3k $236.6k $236.6k 0.03% Reduced -91 -91
68 Independent Advisor Alliance 0.00% of their portfolio CHARLOTTE, NC 3,2893.3k $234.9k $234.9k 0.00% New
69 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 3,0163.0k $215.4k $215.4k 0.00% New
70 Platt Wealth Management LLC 0.21% of their portfolio SAN DIEGO, CA 2,9683.0k $212.0k $212.0k 0.21% New
71 BECKER CAPITAL MANAGEMENT INC 0.01% of their portfolio Portland, OR 2,9432.9k $210.2k $210.2k 0.01% New
72 Trek Financial, LLC 0.01% of their portfolio Scottsdale, AZ 2,8152.8k $201.1k $201.1k 0.01% New
73 one8zero8, LLC 0.04% of their portfolio GREENSBORO, NC 2,8002.8k $200.0k $200.0k 0.04% Reduced -500 -500
74 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 2,7662.8k $197.6k $197.6k 0.00% New
75 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 2,7542.8k $196.7k $196.7k 0.00% New
76 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,6622.7k $190.1k $190.1k 0.00% Unchanged
77 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 2,4432.4k $174.5k $174.5k 0.00% Added +155 +155
78 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,2002.2k $157.1k $157.1k 0.01% Unchanged
79 DHJJ Financial Advisors, Ltd. 0.02% of their portfolio NAPERVILLE, IL 896896 $64.0k $64.0k 0.02% Unchanged
80 Noble Wealth Management PBC 0.02% of their portfolio GREENWOOD VILLAGE, CO 620620 $44.3k $44.3k 0.02% Reduced -113 -113
81 FMR LLC 0.00% of their portfolio BOSTON, MA 526526 $37.6k $37.6k 0.00% Added +352 +352
82 Measured Wealth Private Client Group, LLC 0.01% of their portfolio PORTSMOUTH, NH 395395 $28.2k $28.2k 0.01% Unchanged
83 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 391391 $27.8k $27.8k 0.00% Reduced -22 -22
84 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 355355 $25.2k $25.2k 0.00% Unchanged
85 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 346346 $24.6k $24.6k 0.00% Unchanged
86 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 341341 $24.4k $24.4k 0.00% Unchanged
87 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 248248 $17.7k $17.7k 0.00% New
88 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 205205 $14.6k $14.6k 0.00% Unchanged
89 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 200200 $14.3k $14.3k 0.00% Unchanged
90 Capital Advisors, Ltd. LLC 0.00% of their portfolio SHAKER HEIGHTS, OH 162162 $12.0k $12.0k 0.00% Unchanged
91 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 155155 $11.1k $11.1k 0.00% Unchanged
92 Operose Advisors LLC 0.00% of their portfolio MILWAUKEE, WI 136136 $9.7k $9.7k 0.00% Unchanged
93 Financial Network Wealth Advisors LLC 0.01% of their portfolio MURRAY, UT 128128 $9.1k $9.1k 0.01% New
94 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 6969 $4.9k $4.9k 0.00% Unchanged
95 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 6363 $4.5k $4.5k 0.00% Unchanged
96 Pacific Center for Financial Services 0.00% of their portfolio DANVILLE, CA 3535 $2.5k $2.5k 0.00% Reduced -192 -192
97 Silver Grove Financial Group, Inc. 0.00% of their portfolio ORCHARD PARK, NY 3030 $2.2k $2.2k 0.00% New
98 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2222 $1.6k $1.6k 0.00% Reduced -136 -136
99 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1212 $857 $857 0.00% Reduced -20 -20
100 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 11 $58 $58 0.00% Unchanged