Vault-13

VICTORY PORTFOLIOS II VFLO

SHARES FREE CASH · ETP · CUSIP 92647X830

309 institutional holders +25 vs Q1 2026
141,661,359141.7m 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

0200400Q2 23: 3Q3 23: 7Q4 23: 14Q1 24: 29Q2 24: 64Q3 24: 102Q4 24: 157Q1 25: 197Q2 25: 218Q3 25: 226Q4 25: 251Q1 26: 284Q2 26: 309309Q2 23Q1 24Q4 24Q3 25Q2 26
Numbers
QuarterHolders
Q2 20233
Q3 20237
Q4 202314
Q1 202429
Q2 202464
Q3 2024102
Q4 2024157
Q1 2025197
Q2 2025218
Q3 2025226
Q4 2025251
Q1 2026284
Q2 2026309

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 91 bought or addedQ3 24: 11 cut or sold outQ4 24: 127 bought or addedQ4 24: 16 cut or sold outQ4 24Q1 25: 168 bought or addedQ1 25: 27 cut or sold outQ2 25: 143 bought or addedQ2 25: 71 cut or sold outQ2 25Q3 25: 136 bought or addedQ3 25: 91 cut or sold outQ4 25: 147 bought or addedQ4 25: 86 cut or sold outQ4 25Q1 26: 199 bought or addedQ1 26: 65 cut or sold outQ2 26: 196 bought or addedQ2 26: 96 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20249111
Q4 202412716
Q1 202516827
Q2 202514371
Q3 202513691
Q4 202514786
Q1 202619965
Q2 202619696

Biggest buyers

MORGAN STANLEY Added +2,414,902+2.4m
RAYMOND JAMES FINANCIAL INC Added +662,443+662.4k
UBS Group AG Added +646,573+646.6k
LPL Financial LLC Added +626,717+626.7k
AMERIPRISE FINANCIAL INC Added +566,269+566.3k
Cambridge Investment Research Advisors, Inc. Added +565,320+565.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +544,134+544.1k
Madison Asset Management, LLC Added +527,136+527.1k
TWO SIGMA INVESTMENTS, LP Added +494,800+494.8k
WELLS FARGO & COMPANY/MN Added +472,134+472.1k

Biggest sellers

Allworth Financial LP Reduced -1,012,323-1.0m
Annex Advisory Services, LLC Reduced -455,202-455.2k
Goldstein Advisors, LLC Reduced -321,548-321.5k
Mariner, LLC Reduced -293,929-293.9k
GOLDMAN SACHS GROUP INC Reduced -273,089-273.1k
KICKSTAND VENTURES, LLC. Reduced -207,965-208.0k
Cetera Investment Advisers Reduced -156,633-156.6k
CORRECT CAPITAL WEALTH MANAGEMENT Sold out -129,460-129.5k
Beacon Capital Management, Inc. Reduced -61,999-62.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -57,463-57.5k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 16,355,99416.4m $748.3m $748.3m 0.05% Added +388.5k +388,526
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 14,967,07415.0m $684.7m $684.7m 0.04% Added +2.4m +2,414,902
3 LPL Financial LLC 0.14% of their portfolio FORT MILL, SC 14,069,29014.1m $643.7m $643.7m 0.14% Added +626.7k +626,717
4 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 8,323,6108.3m $380.8m $380.8m 0.07% Added +472.1k +472,134
5 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.20% of their portfolio MILWAUKEE, WI 8,117,2178.1m $371.4m $371.4m 0.20% Added +544.1k +544,134
6 RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio ST. PETERSBURG, FL 6,415,9216.4m $293.5m $293.5m 0.08% Added +662.4k +662,443
7 VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio San Antonio, TX 5,111,1505.1m $233.8m $233.8m 0.13% Added +100.0k +100,000
8 UBS Group AG 0.03% of their portfolio ZURICH, V8 4,249,9544.2m $194.4m $194.4m 0.03% Added +646.6k +646,573
9 Merit Financial Group, LLC 0.92% of their portfolio ALPHARETTA, GA 3,224,5203.2m $147.5m $147.5m 0.92% Added +402.0k +401,983
10 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 3,120,4653.1m $142.9m $142.9m 0.03% Added +566.3k +566,269
11 HighTower Advisors, LLC 0.13% of their portfolio CHICAGO, IL 2,983,4173.0m $136.5m $136.5m 0.13% Reduced -38.7k -38,708
12 Modern Wealth Management, LLC 1.52% of their portfolio KANSAS CITY, MO 2,789,0212.8m $127.6m $127.6m 1.52% Added +426.0k +426,025
13 Allworth Financial LP 0.49% of their portfolio FOLSOM, CA 2,504,1232.5m $114.6m $114.6m 0.49% Reduced -1.0m -1,012,323
14 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,494,3242.5m $114.1m $114.1m 0.03% Added +94.5k +94,493
15 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,414,4942.4m $110.5m $110.5m 0.02% Added +270.9k +270,919
16 Composition Wealth, LLC 1.22% of their portfolio LOS ANGELES, CA 2,273,3852.3m $104.0m $104.0m 1.22% Added +106.8k +106,833
17 TRAPHAGEN INVESTMENT ADVISORS LLC 7.09% of their portfolio ORADELL, NJ 2,167,7642.2m $99.2m $99.2m 7.09% Reduced -14.0k -14,038
18 GREAT VALLEY ADVISOR GROUP, INC. 1.43% of their portfolio WILMINGTON, DE 1,975,6902.0m $90.4m $90.4m 1.43% Added +339.8k +339,844
19 Parallel Advisors, LLC 1.22% of their portfolio SAN FRANCISCO, CA 1,742,0621.7m $79.7m $79.7m 1.22% Added +203.6k +203,615
20 Krilogy Financial LLC 2.32% of their portfolio ST. LOUIS, MO 1,714,2451.7m $78.4m $78.4m 2.32% Added +25.0k +24,972
21 Goldstein Advisors, LLC 5.10% of their portfolio Madison, WI 1,219,2571.2m $55.8m $55.8m 5.10% Reduced -321.5k -321,548
22 Sanctuary Advisors, LLC 0.24% of their portfolio INDIANAPOLIS, IN 1,138,3881.1m $52.1m $52.1m 0.24% Added +30.1k +30,065
23 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 1,119,0591.1m $51.2m $51.2m 0.06% Added +74.7k +74,707
24 Keystone Financial Group 3.02% of their portfolio LEXINGTON, KY 1,112,8741.1m $50.9m $50.9m 3.02% Added +33.2k +33,177
25 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 1,095,0521.1m $50.1m $50.1m 0.06% Added +565.3k +565,320
26 StoneX Group Inc. 1.96% of their portfolio NEW YORK, NY 1,065,4821.1m $48.7m $48.7m 1.96% Added +8.7k +8,682
27 RVW Wealth, LLC 3.07% of their portfolio LOS ANGELES, CA 1,018,2651.0m $46.6m $46.6m 3.07% Added +17.6k +17,647
28 Private Advisor Group, LLC 0.21% of their portfolio MORRISTOWN, NJ 1,008,3711.0m $46.1m $46.1m 0.21% Added +91.7k +91,736
29 Madison Asset Management, LLC 0.55% of their portfolio MADISON, WI 1,003,8561.0m $45.9m $45.9m 0.55% Added +527.1k +527,136
30 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 888,000888.0k $40.6m $40.6m 0.03% Added +494.8k +494,800
31 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 848,053848.1k $38.8m $38.8m 0.05% Added +9.9k +9,863
32 Orion Porfolio Solutions, LLC 0.21% of their portfolio OMAHA, NE 611,590611.6k $28.0m $28.0m 0.21% Reduced -20.1k -20,063
33 Wilkerson Advisory Group LLC 8.28% of their portfolio COLUMBIA, MO 589,559589.6k $27.0m $27.0m 8.28% Added +4.4k +4,412
34 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 587,368587.4k $26.9m $26.9m 0.04% Added +59.2k +59,215
35 Sepio Capital, LP 1.26% of their portfolio Salt Lake City, UT 545,660545.7k $25.0m $25.0m 1.26% Added +3.2k +3,226
36 Ledyard National Bank 1.89% of their portfolio HANOVER, NH 516,246516.2k $23.6m $23.6m 1.89% Added +42.1k +42,129
37 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 510,082510.1k $23.6m $23.6m 0.01% Added +179.8k +179,792
38 Marble Wealth, LLC 3.39% of their portfolio MONTGOMERY, AL 484,517484.5k $22.2m $22.2m 3.39% Added +18.4k +18,390
39 Financial Enhancement Group LLC 2.58% of their portfolio ANDERSON, IN 473,000473.0k $21.6m $21.6m 2.58% Added +4.8k +4,813
40 Beacon Capital Management, Inc. 1.30% of their portfolio DAYTON, OH 468,265468.3k $21.4m $21.4m 1.30% Reduced -62.0k -61,999
41 Atlas Wealth LLC 3.02% of their portfolio CINCINNATI, OH 463,243463.2k $21.2m $21.2m 3.02% Added +10.2k +10,233
42 Allen Capital Group, LLC 1.67% of their portfolio GRAND ISLAND, NE 444,975445.0k $20.4m $20.4m 1.67% Added +15.9k +15,928
43 Landmark Wealth Management, LLC 4.73% of their portfolio MELVILLE, NY 431,865431.9k $19.8m $19.8m 4.73% Reduced -18.8k -18,842
44 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 418,856418.9k $19.2m $19.2m 0.02% Reduced -156.6k -156,633
45 Summit Financial, LLC 0.21% of their portfolio PARSIPPANY, NJ 417,093417.1k $19.1m $19.1m 0.21% Added +56.8k +56,778
46 ADAPT WEALTH ADVISORS, LLC 6.20% of their portfolio ATLANTA, GA 414,220414.2k $19.0m $19.0m 6.20% Reduced -6.3k -6,282
47 Curry Webb Wealth Management LLC 7.79% of their portfolio INDIANAPOLIS, IN 411,381411.4k $18.8m $18.8m 7.79% Added +19.8k +19,828
48 Kirkwood Financial Services 5.07% of their portfolio SAN ANTONIO, TX 387,737387.7k $17.8m $17.8m 5.07% First filing
49 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 383,126383.1k $17.5m $17.5m 0.02% Added +65.6k +65,643
50 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 378,775378.8k $17.3m $17.3m 0.01% Added +36.0k +35,983
51 Gotham Asset Management, LLC 0.04% of their portfolio NEW YORK, NY 364,333364.3k $16.7m $16.7m 0.04% Reduced -1.2k -1,201
52 CFO4Life Group, LLC 2.18% of their portfolio COPPELL, TX 353,353353.4k $16.2m $16.2m 2.18% Added +652 +652
53 Foundations Investment Advisors, LLC 0.17% of their portfolio PHOENIX, AZ 351,115351.1k $16.1m $16.1m 0.17% Added +10.8k +10,815
54 Sowa Financial Group, Inc. 6.99% of their portfolio LINCOLN, RI 327,766327.8k $15.0m $15.0m 6.99% Added +6.9k +6,865
55 Fort Point Capital Partners LLC 1.47% of their portfolio San Francisco, CA 323,512323.5k $13.8m $13.8m 1.47% Added +161.8k +161,756
56 Hudock, Inc. 1.78% of their portfolio Williamsport, PA 304,086304.1k $13.9m $13.9m 1.78% Added +2.4k +2,393
57 OneAscent Financial Services LLC 0.65% of their portfolio BIRMINGHAM, AL 295,002295.0k $13.5m $13.5m 0.65% Reduced -35.9k -35,924
58 Legacy Financial Advisors, Inc. 1.54% of their portfolio COVINGTON, KY 276,620276.6k $12.7m $12.7m 1.54% Added +13.7k +13,675
59 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 273,376273.4k $12.5m $12.5m 0.03% Added +64.6k +64,587
60 Western Wealth Management, LLC 0.40% of their portfolio GOLDEN, CO 266,044266.0k $12.2m $12.2m 0.40% Reduced -2.5k -2,523
61 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 264,998265.0k $12.6m $12.6m 0.02% Added +50.0k +50,036
62 Advance Capital Management, Inc. 0.37% of their portfolio SOUTHFIELD, MI 247,922247.9k $11.3m $11.3m 0.37% Reduced -1.1k -1,066
63 FLAGSHIP HARBOR ADVISORS, LLC 0.43% of their portfolio BOSTON, MA 245,410245.4k $11.2m $11.2m 0.43% Added +17.1k +17,107
64 SILVER OAK SECURITIES, INCORPORATED 0.68% of their portfolio JACKSON, TN 243,330243.3k $11.1m $11.1m 0.68% New
65 Weil Company, Inc. 1.95% of their portfolio SAN DIEGO, CA 242,305242.3k $11.1m $11.1m 1.95% Reduced -4.8k -4,760
66 Atria Investments, Inc 0.11% of their portfolio Charlotte, NC 229,827229.8k $10.5m $10.5m 0.11% Added +489 +489
67 Integrated Wealth Concepts LLC 0.05% of their portfolio WALTHAM, MA 227,047227.0k $10.4m $10.4m 0.05% Added +127.5k +127,482
68 MKP Capital Management, L.L.C. 0.28% of their portfolio New York, NY 219,000219.0k $10.0m $10.0m 0.28% New
69 Financial Designs Corp 5.31% of their portfolio CLAREMONT, CA 216,677216.7k $9.9m $9.9m 5.31% Reduced -8.7k -8,675
70 EXCHANGE TRADED CONCEPTS, LLC 0.05% of their portfolio Oklahoma City, OK 209,302209.3k $9.6m $9.6m 0.05% Reduced -24.8k -24,849
71 GERBER, LLC 4.40% of their portfolio COLUMBUS, OH 204,726204.7k $9.4m $9.4m 4.40% Added +14.1k +14,094
72 Triumph Capital Management 1.56% of their portfolio DENVER, CO 188,512188.5k $8.6m $8.6m 1.56% Added +88.3k +88,320
73 Trademark Financial Management, LLC 3.43% of their portfolio Bloomington, MN 183,185183.2k $8.4m $8.4m 3.43% Added +121.1k +121,111
74 Clarity Asset Management, Inc. 4.09% of their portfolio AMES, IA 182,519182.5k $8.4m $8.4m 4.09% Reduced -4.0k -4,029
75 Cornerstone Wealth Group, LLC 0.49% of their portfolio HUNTERSVILLE, NC 179,819179.8k $8.2m $8.2m 0.49% Added +6.8k +6,805
76 Pine Valley Investments Ltd Liability Co 0.34% of their portfolio MARLTON, NJ 176,838176.8k $8.1m $8.1m 0.34% Added +9.1k +9,136
77 Simplicity Wealth,LLC 0.27% of their portfolio SUMMIT, NJ 176,424176.4k $8.1m $8.1m 0.27% New
78 Huntleigh Advisors, Inc. 1.08% of their portfolio ST. LOUIS, MO 168,238168.2k $7.7m $7.7m 1.08% Added +10.1k +10,058
79 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 158,038158.0k $7.3m $7.3m 0.00% Added +7.2k +7,212
80 OneAscent Wealth Management LLC 2.15% of their portfolio BIRMINGHAM, AL 158,010158.0k $7.2m $7.2m 2.15% Added +15.4k +15,406
81 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 156,509156.5k $7.2m $7.2m 0.03% Added +10.8k +10,807
82 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 154,293154.3k $7.1m $7.1m 0.00% Reduced -9.4k -9,421
83 FIFTH THIRD BANCORP 0.01% of their portfolio CINCINNATI, OH 153,810153.8k $7.0m $7.0m 0.01% Added +1.8k +1,846
84 Ausdal Financial Partners, Inc. 0.27% of their portfolio Davenport, IA 152,996153.0k $7.0m $7.0m 0.27% Reduced -2.7k -2,654
85 ATLANTIC FAMILY WEALTH, LLC 4.29% of their portfolio CORAL GABLES, FL 146,408146.4k $6.7m $6.7m 4.29% Added +10.2k +10,243
86 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 139,162139.2k $6.4m $6.4m 0.00% Reduced -273.1k -273,089
87 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 138,433138.4k $6.3m $6.3m 0.04% Added +31.5k +31,503
88 Maridea Wealth Management LLC 0.69% of their portfolio BROOKLYN, NY 138,140138.1k $6.3m $6.3m 0.69% Added +2.2k +2,160
89 Aptus Capital Advisors, LLC 0.05% of their portfolio FAIRHOPE, AL 135,666135.7k $6.2m $6.2m 0.05% Reduced -2.3k -2,321
90 Financial Guidance Group, Inc. 2.27% of their portfolio Palm Harbor, FL 132,598132.6k $6.1m $6.1m 2.27% Reduced -2.3k -2,321
91 McGowan Group Asset Management, Inc. 0.72% of their portfolio DALLAS, TX 129,421129.4k $5.9m $5.9m 0.72% Added +8.8k +8,786
92 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 106,605106.6k $4.9m $4.9m 0.01% Added +37.8k +37,830
93 LAUREL OAK WEALTH MANAGEMENT, LLC 0.70% of their portfolio MARLTON, NJ 104,421104.4k $4.8m $4.8m 0.70% Added +26.8k +26,839
94 MAGNOLIA CAPITAL ADVISORS LLC 0.82% of their portfolio RIDGELAND, MS 103,813103.8k $4.7m $4.7m 0.82% Reduced -8.9k -8,879
95 Cornerstone Wealth Management, LLC 0.20% of their portfolio ST. PETERS, MO 100,861100.9k $4.6m $4.6m 0.20% Added +20 +20
96 Legacy Capital Group California, Inc. 1.34% of their portfolio LOS GATOS, CA 97,21697.2k $4.4m $4.4m 1.34% Reduced -10.9k -10,866
97 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 96,32296.3k $4.4m $4.4m 0.01% Added +931 +931
98 Summit Asset Management, LLC 0.55% of their portfolio MEMPHIS, TN 92,99393.0k $4.3m $4.3m 0.55% Added +12.1k +12,142
99 KENNEDY INVESTMENT GROUP, INC. 1.43% of their portfolio WEST DEPTFORD, NJ 91,98792.0k $4.2m $4.2m 1.43% Added +8.1k +8,067
100 Greykasell Wealth Strategies, Inc. 1.49% of their portfolio DANVILLE, CA 89,83889.8k $4.1m $4.1m 1.49% Added +7.1k +7,137