VICTORY PORTFOLIOS II VFLO
SHARES FREE CASH · ETP · CUSIP 92647X830
309
institutional holders
+25 vs Q1 2026
141.7m
shares reported held*
$6.5bnreported value*
44 new
152 added
79 reduced
17 sold out
net bought ≈ $438.5m (+9.6m 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 ($9.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.75.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 3 |
| Q3 2023 | 7 |
| Q4 2023 | 14 |
| Q1 2024 | 29 |
| Q2 2024 | 64 |
| Q3 2024 | 102 |
| Q4 2024 | 157 |
| Q1 2025 | 197 |
| Q2 2025 | 218 |
| Q3 2025 | 226 |
| Q4 2025 | 251 |
| Q1 2026 | 284 |
| Q2 2026 | 309 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 91 | 11 |
| Q4 2024 | 127 | 16 |
| Q1 2025 | 168 | 27 |
| Q2 2025 | 143 | 71 |
| Q3 2025 | 136 | 91 |
| Q4 2025 | 147 | 86 |
| Q1 2026 | 199 | 65 |
| Q2 2026 | 196 | 96 |
Biggest buyers
| MORGAN STANLEY | Added | +2.4m |
| RAYMOND JAMES FINANCIAL INC | Added | +662.4k |
| UBS Group AG | Added | +646.6k |
| LPL Financial LLC | Added | +626.7k |
| AMERIPRISE FINANCIAL INC | Added | +566.3k |
| Cambridge Investment Research Advisors, Inc. | Added | +565.3k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Added | +544.1k |
| Madison Asset Management, LLC | Added | +527.1k |
| TWO SIGMA INVESTMENTS, LP | Added | +494.8k |
| WELLS FARGO & COMPANY/MN | Added | +472.1k |
Biggest sellers
| Allworth Financial LP | Reduced | -1.0m |
| Annex Advisory Services, LLC | Reduced | -455.2k |
| Goldstein Advisors, LLC | Reduced | -321.5k |
| Mariner, LLC | Reduced | -293.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -273.1k |
| KICKSTAND VENTURES, LLC. | Reduced | -208.0k |
| Cetera Investment Advisers | Reduced | -156.6k |
| CORRECT CAPITAL WEALTH MANAGEMENT | Sold out | -129.5k |
| Beacon Capital Management, Inc. | Reduced | -62.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -57.5k |
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BANK OF AMERICA CORP /DE/ 0.05% of their portfolio | 16.4m $748.3m | Added +388.5k |
| MORGAN STANLEY 0.04% of their portfolio | 15.0m $684.7m | Added +2.4m |
| LPL Financial LLC 0.14% of their portfolio | 14.1m $643.7m | Added +626.7k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 8.3m $380.8m | Added +472.1k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.20% of their portfolio | 8.1m $371.4m | Added +544.1k |
| RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio | 6.4m $293.5m | Added +662.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio | 5.1m $233.8m | Added +100.0k |
| UBS Group AG 0.03% of their portfolio | 4.2m $194.4m | Added +646.6k |
| Merit Financial Group, LLC 0.92% of their portfolio | 3.2m $147.5m | Added +402.0k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 3.1m $142.9m | Added +566.3k |
| HighTower Advisors, LLC 0.13% of their portfolio | 3.0m $136.5m | Reduced -38.7k |
| Modern Wealth Management, LLC 1.52% of their portfolio | 2.8m $127.6m | Added +426.0k |
| Allworth Financial LP 0.49% of their portfolio | 2.5m $114.6m | Reduced -1.0m |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 2.5m $114.1m | Added +94.5k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 2.4m $110.5m | Added +270.9k |
| Composition Wealth, LLC 1.22% of their portfolio | 2.3m $104.0m | Added +106.8k |
| TRAPHAGEN INVESTMENT ADVISORS LLC 7.09% of their portfolio | 2.2m $99.2m | Reduced -14.0k |
| GREAT VALLEY ADVISOR GROUP, INC. 1.43% of their portfolio | 2.0m $90.4m | Added +339.8k |
| Parallel Advisors, LLC 1.22% of their portfolio | 1.7m $79.7m | Added +203.6k |
| Krilogy Financial LLC 2.32% of their portfolio | 1.7m $78.4m | Added +25.0k |
| Goldstein Advisors, LLC 5.10% of their portfolio | 1.2m $55.8m | Reduced -321.5k |
| Sanctuary Advisors, LLC 0.24% of their portfolio | 1.1m $52.1m | Added +30.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio | 1.1m $51.2m | Added +74.7k |
| Keystone Financial Group 3.02% of their portfolio | 1.1m $50.9m | Added +33.2k |
| Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio | 1.1m $50.1m | Added +565.3k |
| StoneX Group Inc. 1.96% of their portfolio | 1.1m $48.7m | Added +8.7k |
| RVW Wealth, LLC 3.07% of their portfolio | 1.0m $46.6m | Added +17.6k |
| Private Advisor Group, LLC 0.21% of their portfolio | 1.0m $46.1m | Added +91.7k |
| Madison Asset Management, LLC 0.55% of their portfolio | 1.0m $45.9m | Added +527.1k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 888.0k $40.6m | Added +494.8k |
| OSAIC HOLDINGS, INC. 0.05% of their portfolio | 848.1k $38.8m | Added +9.9k |
| Orion Porfolio Solutions, LLC 0.21% of their portfolio | 611.6k $28.0m | Reduced -20.1k |
| Wilkerson Advisory Group LLC 8.28% of their portfolio | 589.6k $27.0m | Added +4.4k |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 587.4k $26.9m | Added +59.2k |
| Sepio Capital, LP 1.26% of their portfolio | 545.7k $25.0m | Added +3.2k |
| Ledyard National Bank 1.89% of their portfolio | 516.2k $23.6m | Added +42.1k |
| JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio | 510.1k $23.6m | Added +179.8k |
| Marble Wealth, LLC 3.39% of their portfolio | 484.5k $22.2m | Added +18.4k |
| Financial Enhancement Group LLC 2.58% of their portfolio | 473.0k $21.6m | Added +4.8k |
| Beacon Capital Management, Inc. 1.30% of their portfolio | 468.3k $21.4m | Reduced -62.0k |
| Atlas Wealth LLC 3.02% of their portfolio | 463.2k $21.2m | Added +10.2k |
| Allen Capital Group, LLC 1.67% of their portfolio | 445.0k $20.4m | Added +15.9k |
| Landmark Wealth Management, LLC 4.73% of their portfolio | 431.9k $19.8m | Reduced -18.8k |
| Cetera Investment Advisers 0.02% of their portfolio | 418.9k $19.2m | Reduced -156.6k |
| Summit Financial, LLC 0.21% of their portfolio | 417.1k $19.1m | Added +56.8k |
| ADAPT WEALTH ADVISORS, LLC 6.20% of their portfolio | 414.2k $19.0m | Reduced -6.3k |
| Curry Webb Wealth Management LLC 7.79% of their portfolio | 411.4k $18.8m | Added +19.8k |
| Kirkwood Financial Services 5.07% of their portfolio | 387.7k $17.8m | First filing |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 383.1k $17.5m | Added +65.6k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 378.8k $17.3m | Added +36.0k |
| Gotham Asset Management, LLC 0.04% of their portfolio | 364.3k $16.7m | Reduced -1.2k |
| CFO4Life Group, LLC 2.18% of their portfolio | 353.4k $16.2m | Added +652 |
| Foundations Investment Advisors, LLC 0.17% of their portfolio | 351.1k $16.1m | Added +10.8k |
| Sowa Financial Group, Inc. 6.99% of their portfolio | 327.8k $15.0m | Added +6.9k |
| Fort Point Capital Partners LLC 1.47% of their portfolio | 323.5k $13.8m | Added +161.8k |
| Hudock, Inc. 1.78% of their portfolio | 304.1k $13.9m | Added +2.4k |
| OneAscent Financial Services LLC 0.65% of their portfolio | 295.0k $13.5m | Reduced -35.9k |
| Legacy Financial Advisors, Inc. 1.54% of their portfolio | 276.6k $12.7m | Added +13.7k |
| MML INVESTORS SERVICES, LLC 0.03% of their portfolio | 273.4k $12.5m | Added +64.6k |
| Western Wealth Management, LLC 0.40% of their portfolio | 266.0k $12.2m | Reduced -2.5k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio | 265.0k $12.6m | Added +50.0k |
| Advance Capital Management, Inc. 0.37% of their portfolio | 247.9k $11.3m | Reduced -1.1k |
| FLAGSHIP HARBOR ADVISORS, LLC 0.43% of their portfolio | 245.4k $11.2m | Added +17.1k |
| SILVER OAK SECURITIES, INCORPORATED 0.68% of their portfolio | 243.3k $11.1m | New |
| Weil Company, Inc. 1.95% of their portfolio | 242.3k $11.1m | Reduced -4.8k |
| Atria Investments, Inc 0.11% of their portfolio | 229.8k $10.5m | Added +489 |
| Integrated Wealth Concepts LLC 0.05% of their portfolio | 227.0k $10.4m | Added +127.5k |
| MKP Capital Management, L.L.C. 0.28% of their portfolio | 219.0k $10.0m | New |
| Financial Designs Corp 5.31% of their portfolio | 216.7k $9.9m | Reduced -8.7k |
| EXCHANGE TRADED CONCEPTS, LLC 0.05% of their portfolio | 209.3k $9.6m | Reduced -24.8k |
| GERBER, LLC 4.40% of their portfolio | 204.7k $9.4m | Added +14.1k |
| Triumph Capital Management 1.56% of their portfolio | 188.5k $8.6m | Added +88.3k |
| Trademark Financial Management, LLC 3.43% of their portfolio | 183.2k $8.4m | Added +121.1k |
| Clarity Asset Management, Inc. 4.09% of their portfolio | 182.5k $8.4m | Reduced -4.0k |
| Cornerstone Wealth Group, LLC 0.49% of their portfolio | 179.8k $8.2m | Added +6.8k |
| Pine Valley Investments Ltd Liability Co 0.34% of their portfolio | 176.8k $8.1m | Added +9.1k |
| Simplicity Wealth,LLC 0.27% of their portfolio | 176.4k $8.1m | New |
| Huntleigh Advisors, Inc. 1.08% of their portfolio | 168.2k $7.7m | Added +10.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 158.0k $7.3m | Added +7.2k |
| OneAscent Wealth Management LLC 2.15% of their portfolio | 158.0k $7.2m | Added +15.4k |
| &PARTNERS 0.03% of their portfolio | 156.5k $7.2m | Added +10.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 154.3k $7.1m | Reduced -9.4k |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 153.8k $7.0m | Added +1.8k |
| Ausdal Financial Partners, Inc. 0.27% of their portfolio | 153.0k $7.0m | Reduced -2.7k |
| ATLANTIC FAMILY WEALTH, LLC 4.29% of their portfolio | 146.4k $6.7m | Added +10.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 139.2k $6.4m | Reduced -273.1k |
| Equitable Holdings, Inc. 0.04% of their portfolio | 138.4k $6.3m | Added +31.5k |
| Maridea Wealth Management LLC 0.69% of their portfolio | 138.1k $6.3m | Added +2.2k |
| Aptus Capital Advisors, LLC 0.05% of their portfolio | 135.7k $6.2m | Reduced -2.3k |
| Financial Guidance Group, Inc. 2.27% of their portfolio | 132.6k $6.1m | Reduced -2.3k |
| McGowan Group Asset Management, Inc. 0.72% of their portfolio | 129.4k $5.9m | Added +8.8k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 106.6k $4.9m | Added +37.8k |
| LAUREL OAK WEALTH MANAGEMENT, LLC 0.70% of their portfolio | 104.4k $4.8m | Added +26.8k |
| MAGNOLIA CAPITAL ADVISORS LLC 0.82% of their portfolio | 103.8k $4.7m | Reduced -8.9k |
| Cornerstone Wealth Management, LLC 0.20% of their portfolio | 100.9k $4.6m | Added +20 |
| Legacy Capital Group California, Inc. 1.34% of their portfolio | 97.2k $4.4m | Reduced -10.9k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 96.3k $4.4m | Added +931 |
| Summit Asset Management, LLC 0.55% of their portfolio | 93.0k $4.3m | Added +12.1k |
| KENNEDY INVESTMENT GROUP, INC. 1.43% of their portfolio | 92.0k $4.2m | Added +8.1k |
| Greykasell Wealth Strategies, Inc. 1.49% of their portfolio | 89.8k $4.1m | Added +7.1k |