Vault-13

VICTORY PORTFOLIOS II SFLO

VICTORYSHARES SM · ETP · CUSIP 92647X822

53 institutional holders -3 vs Q3 2025
13,478,34113.5m shares reported held*
$397.5mreported value*
3 new 38 added 7 reduced 7 sold out net bought ≈ $60.3m (+2.0m 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 ≈ $29.49.

Trends to Q4 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: 56Q4 25: 5353Q4 23Q2 24Q4 24Q2 25Q4 25
Numbers
QuarterHolders
Q4 20232
Q1 20244
Q2 202412
Q3 202423
Q4 202433
Q1 202544
Q2 202544
Q3 202556
Q4 202553

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 24: 1 bought or addedQ1 24: 1 cut or sold outQ2 24: 9 bought or addedQ2 24: 1 cut or sold outQ2 24Q3 24: 20 bought or addedQ3 24: 3 cut or sold outQ4 24: 28 bought or addedQ4 24: 1 cut or sold outQ4 24Q1 25: 34 bought or addedQ1 25: 9 cut or sold outQ2 25: 28 bought or addedQ2 25: 25 cut or sold outQ2 25Q3 25: 40 bought or addedQ3 25: 15 cut or sold outQ4 25: 41 bought or addedQ4 25: 14 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202411
Q2 202491
Q3 2024203
Q4 2024281
Q1 2025349
Q2 20252825
Q3 20254015
Q4 20254114

Biggest buyers

MORGAN STANLEY Added +747,909+747.9k
BANK OF AMERICA CORP /DE/ Added +451,056+451.1k
Rockefeller Capital Management L.P. Added +406,920+406.9k
IAG Wealth Partners, LLC Added +393,688+393.7k
VICTORY CAPITAL MANAGEMENT INC Added +324,602+324.6k
LPL Financial LLC Added +293,515+293.5k
NewEdge Advisors, LLC Added +95,763+95.8k
MML INVESTORS SERVICES, LLC Added +76,281+76.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +32,513+32.5k
Tradition Wealth Management, LLC Added +23,853+23.9k

Biggest sellers

Sanctuary Advisors, LLC Reduced -922,580-922.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -24,121-24.1k
BROWN ADVISORY INC Sold out -17,726-17.7k
Janney Montgomery Scott LLC Sold out -16,693-16.7k
OSAIC HOLDINGS, INC. Reduced -2,492-2.5k
WCG Wealth Advisors LLC Reduced -1,694-1.7k
TOTH FINANCIAL ADVISORY CORP Sold out -1,087-1.1k
NATIONS FINANCIAL GROUP INC, /IA/ /ADV Reduced -1,059-1.1k
Pine Valley Investments Ltd Liability Co Reduced -693-693
JPMORGAN CHASE & CO Sold out -624-624

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 2,904,7232.9m $85.6m $85.6m 0.05% Added +324.6k +324,602
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,698,2601.7m $50.1m $50.1m 0.00% Added +451.1k +451,056
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,519,9151.5m $44.8m $44.8m 0.00% Added +747.9k +747,909
4 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,074,3761.1m $31.7m $31.7m 0.01% Added +12.0k +12,038
5 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 957,288957.3k $28.2m $28.2m 0.01% Added +293.5k +293,515
6 Boothe Investment Group, Inc. 6.40% of their portfolio DOVER, DE 606,248606.2k $17.9m $17.9m 6.40% Added +9.7k +9,673
7 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 480,631480.6k $14.2m $14.2m 0.05% Added +95.8k +95,763
8 Tradition Wealth Management, LLC 0.88% of their portfolio EDINA, MN 413,720413.7k $12.2m $12.2m 0.88% Added +23.9k +23,853
9 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 411,874411.9k $12.1m $12.1m 0.02% Added +406.9k +406,920
10 Sanctuary Advisors, LLC 0.07% of their portfolio INDIANAPOLIS, IN 404,824404.8k $11.9m $11.9m 0.07% Reduced -922.6k -922,580
11 IAG Wealth Partners, LLC 1.36% of their portfolio WAUKESHA, WI 399,022399.0k $11.8m $11.8m 1.36% Added +393.7k +393,688
12 Vantage Financial Partners, LLC 2.33% of their portfolio ELM GROVE, WI 389,727389.7k $11.5m $11.5m 2.33% Added +7.7k +7,693
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 376,529376.5k $11.1m $11.1m 0.00% Added +23.2k +23,176
14 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 302,834302.8k $8.9m $8.9m 0.02% Added +76.3k +76,281
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 290,241290.2k $8.6m $8.6m 0.00% Added +2.4k +2,447
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 140,183140.2k $4.1m $4.1m 0.00% Added +17.2k +17,177
17 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 91,13791.1k $2.7m $2.7m 0.03% Reduced -180 -180
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 88,02888.0k $2.6m $2.6m 0.00% Added +32.5k +32,513
19 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 80,66880.7k $2.4m $2.4m 0.00% Added +6.0k +5,950
20 Patriot Financial Group Insurance Agency, LLC 0.26% of their portfolio Westborough, MA 72,66772.7k $2.1m $2.1m 0.26% Reduced -624 -624
21 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 72,10672.1k $2.1m $2.1m 0.01% Added +8.0k +8,041
22 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 67,62467.6k $2.0m $2.0m 0.01% Added +18.0k +17,989
23 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 61,01261.0k $1.8m $1.8m 0.00% Added +232 +232
24 StoneX Group Inc. 0.07% of their portfolio NEW YORK, NY 54,28754.3k $1.6m $1.6m 0.07% Added +3.6k +3,610
25 WBI INVESTMENTS, LLC 0.37% of their portfolio RED BANK, NJ 48,57448.6k $1.4m $1.4m 0.37% Added +4.0k +4,004
26 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 47,95748.0k $1.4m $1.4m 0.00% Reduced -2.5k -2,492
27 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 38,79838.8k $1.1m $1.1m 0.01% Added +23.2k +23,223
28 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 34,17334.2k $1.0m $1.0m 0.00% Added +12.1k +12,098
29 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.05% of their portfolio CEDAR RAPIDS, IA 33,72333.7k $994.3k $994.3k 0.05% Reduced -1.1k -1,059
30 WCG Wealth Advisors LLC 0.02% of their portfolio LAS VEGAS, NV 27,38227.4k $807.4k $807.4k 0.02% Reduced -1.7k -1,694
31 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 26,96227.0k $795.0k $795.0k 0.00% Added +1.5k +1,518
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 26,76026.8k $789.0k $789.0k 0.00% Added +4.9k +4,936
33 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 25,74225.7k $759.0k $759.0k 0.01% Added +2.5k +2,528
34 Xcelsior Advisor Partners LLC 0.31% of their portfolio Scottsdale, AZ 21,38221.4k $630.5k $630.5k 0.31% First filing
35 GWN SECURITIES INC. 0.13% of their portfolio Palm Beach Gardens, FL 21,11921.1k $622.7k $622.7k 0.13% Added +6.2k +6,189
36 KPP Advisory Services LLC 0.08% of their portfolio Louisville, KY 18,30518.3k $539.7k $539.7k 0.08% Added +987 +987
37 Pine Valley Investments Ltd Liability Co 0.02% of their portfolio MARLTON, NJ 12,99713.0k $383.2k $383.2k 0.02% Reduced -693 -693
38 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 12,34212.3k $363.9k $363.9k 0.00% Added +32 +32
39 Triumph Capital Management 0.08% of their portfolio DENVER, CO 12,23212.2k $360.7k $360.7k 0.08% Added +2.4k +2,430
40 Keel Point, LLC 0.02% of their portfolio HUNTSVILLE, AL 11,98012.0k $353.2k $353.2k 0.02% Added +878 +878
41 Atlas Wealth LLC 0.11% of their portfolio CINCINNATI, OH 11,83111.8k $348.8k $348.8k 0.11% Added +3.2k +3,153
42 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 10,58810.6k $312.2k $312.2k 0.00% Added +103 +103
43 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 10,47510.5k $308.9k $308.9k 0.01% Unchanged
44 Maridea Wealth Management LLC 0.05% of their portfolio BROOKLYN, NY 10,35610.4k $305.4k $305.4k 0.05% Added +172 +172
45 Blue Water Asset Management 0.11% of their portfolio GRAND RAPIDS, MI 10,17710.2k $300.1k $300.1k 0.11% First filing
46 Krilogy Financial LLC 0.01% of their portfolio ST. LOUIS, MO 9,8509.8k $297.4k $297.4k 0.01% Unchanged
47 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 9,5329.5k $281.1k $281.1k 0.00% New
48 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 8,0838.1k $238.3k $238.3k 0.00% Added +22 +22
49 Western Wealth Management, LLC 0.01% of their portfolio GOLDEN, CO 8,0008.0k $235.9k $235.9k 0.01% Unchanged
50 COMERICA BANK 0.00% of their portfolio DALLAS, TX 5,1195.1k $150.9k $150.9k 0.00% Added +4.1k +4,051
51 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 2,4592.5k $72.5k $72.5k 0.00% New
52 Bruce G. Allen Investments, LLC 0.04% of their portfolio DENVER, CO 1,8591.9k $54.8k $54.8k 0.04% Added +1.6k +1,572
53 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.00% of their portfolio SALT LAKE CITY, UT 1,6601.7k $48.9k $48.9k 0.00% New