Vault-13

VICTORY PORTFOLIOS II SFLO

VICTORYSHARES SM · ETP · CUSIP 92647X822

56 institutional holders +12 vs Q2 2025
11,414,67111.4m shares reported held*
$329.0mreported value*
16 new 24 added 12 reduced 3 sold out net bought ≈ $42.1m (+1.4m 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 ≈ $28.82.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q4 23: 2Q1 24: 4Q2 24: 12Q3 24: 23Q4 24: 33Q1 25: 44Q2 25: 44Q3 25: 5656Q4 23Q2 24Q4 24Q2 25Q3 25
Numbers
QuarterHolders
Q4 20232
Q1 20244
Q2 202412
Q3 202423
Q4 202433
Q1 202544
Q2 202544
Q3 202556

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 1 bought or addedQ1 24: 1 cut or sold outQ1 24Q2 24: 9 bought or addedQ2 24: 1 cut or sold outQ3 24: 20 bought or addedQ3 24: 3 cut or sold outQ3 24Q4 24: 28 bought or addedQ4 24: 1 cut or sold outQ1 25: 34 bought or addedQ1 25: 9 cut or sold outQ1 25Q2 25: 28 bought or addedQ2 25: 25 cut or sold outQ3 25: 40 bought or addedQ3 25: 15 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q1 202411
Q2 202491
Q3 2024203
Q4 2024281
Q1 2025349
Q2 20252825
Q3 20254015

Biggest buyers

Sanctuary Advisors, LLC Added +876,253+876.3k
BANK OF AMERICA CORP /DE/ Added +470,149+470.1k
NewEdge Advisors, LLC New +384,868+384.9k
VICTORY CAPITAL MANAGEMENT INC Added +297,000+297.0k
MORGAN STANLEY Added +277,401+277.4k
ENVESTNET ASSET MANAGEMENT INC Added +98,232+98.2k
TRUIST FINANCIAL CORP New +22,075+22.1k
BROWN ADVISORY INC New +17,726+17.7k
Janney Montgomery Scott LLC New +16,693+16.7k
Vantage Financial Partners, LLC Added +16,118+16.1k

Biggest sellers

Farther Finance Advisors, LLC Reduced -354,373-354.4k
ROYAL BANK OF CANADA Reduced -299,744-299.7k
Foundations Investment Advisors, LLC Sold out -204,182-204.2k
Tradition Wealth Management, LLC Reduced -99,064-99.1k
LPL Financial LLC Reduced -98,372-98.4k
CITADEL ADVISORS LLC Sold out -34,929-34.9k
MML INVESTORS SERVICES, LLC Reduced -33,465-33.5k
GOLDMAN SACHS GROUP INC Sold out -32,990-33.0k
RAYMOND JAMES FINANCIAL INC Reduced -10,232-10.2k
WBI INVESTMENTS, LLC Reduced -4,118-4.1k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 2,580,1212.6m $75.1m $75.1m 0.04% Added +297.0k +297,000
2 Sanctuary Advisors, LLC 0.11% of their portfolio INDIANAPOLIS, IN 1,327,4041.3m $35.4m $35.4m 0.11% Added +876.3k +876,253
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,247,2041.2m $36.3m $36.3m 0.00% Added +470.1k +470,149
4 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,062,3381.1m $30.9m $30.9m 0.01% Reduced -10.2k -10,232
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 772,006772.0k $22.5m $22.5m 0.00% Added +277.4k +277,401
6 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 663,773663.8k $19.3m $19.3m 0.01% Reduced -98.4k -98,372
7 Boothe Investment Group, Inc. 6.36% of their portfolio DOVER, DE 596,575596.6k $17.4m $17.4m 6.36% Added +6.9k +6,944
8 Tradition Wealth Management, LLC 0.84% of their portfolio EDINA, MN 389,867389.9k $11.3m $11.3m 0.84% Reduced -99.1k -99,064
9 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 384,868384.9k $11.2m $11.2m 0.05% New
10 Vantage Financial Partners, LLC 2.34% of their portfolio ELM GROVE, WI 382,034382.0k $11.1m $11.1m 2.34% Added +16.1k +16,118
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 353,353353.4k $10.3m $10.3m 0.00% Added +98.2k +98,232
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 287,794287.8k $8.4m $8.4m 0.00% Reduced -299.7k -299,744
13 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 226,553226.6k $6.6m $6.6m 0.02% Reduced -33.5k -33,465
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 123,006123.0k $3.6m $3.6m 0.00% Added +7.9k +7,940
15 Farther Finance Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 91,31791.3k $2.7m $2.7m 0.04% Reduced -354.4k -354,373
16 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 74,71874.7k $2.2m $2.2m 0.00% Reduced -118 -118
17 Patriot Financial Group Insurance Agency, LLC 0.27% of their portfolio Westborough, MA 73,29173.3k $2.1m $2.1m 0.27% Reduced -3.2k -3,181
18 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 64,06564.1k $1.9m $1.9m 0.01% Added +424 +424
19 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 60,78060.8k $1.8m $1.8m 0.00% Added +12.5k +12,540
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 55,51555.5k $1.6m $1.6m 0.00% Added +4.2k +4,226
21 StoneX Group Inc. 0.06% of their portfolio NEW YORK, NY 50,67750.7k $1.5m $1.5m 0.06% Added +740 +740
22 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 50,44950.4k $1.5m $1.5m 0.00% Added +4.9k +4,856
23 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 49,63549.6k $1.4m $1.4m 0.01% Added +3.7k +3,730
24 WBI INVESTMENTS, LLC 0.33% of their portfolio RED BANK, NJ 44,57044.6k $1.3m $1.3m 0.33% Reduced -4.1k -4,118
25 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.06% of their portfolio CEDAR RAPIDS, IA 34,78234.8k $1.0m $1.0m 0.06% Added +129 +129
26 WCG Wealth Advisors LLC 0.05% of their portfolio LAS VEGAS, NV 29,07629.1k $846.4k $846.4k 0.05% Reduced -1.6k -1,567
27 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 25,44425.4k $741.0k $741.0k 0.00% Added +6.2k +6,223
28 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 24,12124.1k $702.2k $702.2k 0.00% Reduced -1.1k -1,068
29 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 23,21423.2k $675.8k $675.8k 0.01% Added +9.5k +9,534
30 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,07522.1k $642.6k $642.6k 0.00% New
31 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 21,82421.8k $635.3k $635.3k 0.00% Added +84 +84
32 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 17,72617.7k $516.0k $516.0k 0.00% New
33 KPP Advisory Services LLC 0.07% of their portfolio Louisville, KY 17,31817.3k $504.1k $504.1k 0.07% Added +4.5k +4,548
34 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 16,69316.7k $486.0k $486.0k 0.00% New
35 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 15,57515.6k $453.4k $453.4k 0.00% New
36 GWN SECURITIES INC. 0.10% of their portfolio Palm Beach Gardens, FL 14,93014.9k $434.6k $434.6k 0.10% New
37 Masso Torrence Wealth Management Inc. 0.17% of their portfolio MARLTON, NJ 13,74813.7k $400.2k $400.2k 0.17% Unchanged
38 Pine Valley Investments Ltd Liability Co 0.02% of their portfolio MARLTON, NJ 13,69013.7k $398.5k $398.5k 0.02% Added +666 +666
39 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 12,31012.3k $358.4k $358.4k 0.00% Reduced -45 -45
40 Keel Point, LLC 0.02% of their portfolio HUNTSVILLE, AL 11,10211.1k $323.2k $323.2k 0.02% Added +2 +2
41 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 10,48510.5k $305.2k $305.2k 0.00% Added +1.8k +1,838
42 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 10,47510.5k $304.9k $304.9k 0.01% Unchanged
43 Maridea Wealth Management LLC 0.05% of their portfolio BROOKLYN, NY 10,18410.2k $291.5k $291.5k 0.05% New
44 Krilogy Financial LLC 0.01% of their portfolio ST. LOUIS, MO 9,8509.8k $278.4k $278.4k 0.01% New
45 Triumph Capital Management 0.08% of their portfolio DENVER, CO 9,8029.8k $285.3k $285.3k 0.08% New
46 Atlas Wealth LLC 0.08% of their portfolio CINCINNATI, OH 8,6788.7k $252.6k $252.6k 0.08% New
47 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 8,0618.1k $234.7k $234.7k 0.00% Added +19 +19
48 Western Wealth Management, LLC 0.01% of their portfolio GOLDEN, CO 8,0008.0k $232.9k $232.9k 0.01% Unchanged
49 IAG Wealth Partners, LLC 0.02% of their portfolio WAUKESHA, WI 5,3345.3k $155.3k $155.3k 0.02% New
50 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 4,9545.0k $144.2k $144.2k 0.00% New
51 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 1,0871.1k $31.6k $31.6k 0.00% New
52 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,0681.1k $31.1k $31.1k 0.00% Added +68 +68
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 624624 $18.2k $18.2k 0.00% New
54 Bruce G. Allen Investments, LLC 0.01% of their portfolio DENVER, CO 287287 $8.4k $8.4k 0.01% Unchanged
55 FMR LLC 0.00% of their portfolio BOSTON, MA 240240 $7.0k $7.0k 0.00% New
56 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11 $29 $29 0.00% New