VICTORY CAPITAL MANAGEMENT INC
Follow13F filer, CIK 1040188, San Antonio, TX
VICTORY CAPITAL MANAGEMENT INC reported $155,069,729,031 across 2,478 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-13. Its ten largest share positions make up 18.46% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001040188-25-000057
- Period
- 2025-06-30
- Reported value
- $155B
- Holdings
- 2,478
- Top 10 weight
- 18.46%
- New
- 117
- Sold out
- 109
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| MSFTadded | +5,588,674 | $2.77B |
| AMZNadded | +12,494,130 | $2.74B |
| NVDAadded | +14,201,571 | $2.24B |
| AAPLadded | +7,788,079 | $1.61B |
| UBERadded | +14,212,912 | $1.32B |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SKXreduced | -3,931,028 | -$248M |
| XELreduced | -3,222,834 | -$219M |
| EBAYreduced | -2,842,433 | -$213M |
| ONreduced | -3,632,092 | -$190M |
| UITBreduced | -3,345,000 | -$157M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 2,445 share positions
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 97,573,000 | $90.5M | +4,062,000 |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 88,488,000 | $87.3M | -1,100,000 |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 88,850,000 | $86.5M | -2,444,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0 | principal | 57,831,000 | $82.5M | +3,485,000 |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 71,272,000 | $75.5M | -1,381,000 |
| GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0 | principal | 75,333,000 | $67.4M | +17,243,000 |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 54,370,000 | $64.7M | +835,000 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 57,435,000 | $62M | -744,000 |
| MERITAGE HOMES CORPMERITAGE HOMES CORP NOTE 1.750% 5/1 | principal | 57,977,000 | $56.3M | new |
| SOUTHERN COSOUTHERN CO NOTE 3.875%12/1 | principal | 47,761,000 | $52.8M | -1,411,000 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 52,418,000 | $52.6M | -354,000 |
| NEW MTN FIN CORPNEW MTN FIN CORP BOND | principal | 37,822,000 | $37.8M | +56,000 |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 41,401,000 | $37.2M | +2,456,000 |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1 | principal | 32,897,000 | $33.8M | +977,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 27,957,000 | $29.7M | -563,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 24,962,000 | $23.7M | +5,436,000 |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 21,300,000 | $23.1M | 0 |
| MIDDLEBY CORPMIDDLEBY CORP NOTE 1.000% 9/0 | principal | 18,733,000 | $21M | -764,000 |
| PARSONS CORP DELPARSONS CORP DEL BOND | principal | 13,120,000 | $20.9M | -2,000 |
| PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0 | principal | 18,838,000 | $20M | +10,898,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0 | principal | 15,906,000 | $18.8M | -666,000 |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 | principal | 19,254,000 | $18.1M | -947,000 |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 14,932,000 | $17.5M | -203,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 13,976,000 | $13.1M | -541,000 |
| DEXCOM INCDEXCOM INC NOTE 0.250%11/1 | principal | 12,958,000 | $12.7M | -692,000 |
| BLOCK INCBLOCK INC NOTE 0.250%11/0 | principal | 12,480,000 | $11.2M | 0 |
| REDWOOD TRUST INCREDWOOD TRUST INC Convertible | principal | 8,082,900 | $8.01M | new |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC Convertible | principal | 6,410,000 | $7.39M | new |
| BLACKSTONE MORTGAGE TRUST INBLACKSTONE MORTGAGE TRUST IN NOTE 5.500% 3/1 | principal | 7,230,000 | $7.08M | -4,750,000 |
| TYLER TECHNOLOGIES INCTYLER TECHNOLOGIES INC NOTE 0.250% 3/1 | principal | 5,754,000 | $7.07M | -250,000 |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC NOTE 4.375% 6/0 | principal | 5,410,000 | $6.1M | new |
| SOUTHERN COSOUTHERN CO NOTE 4.500% 6/1 | principal | 3,000,000 | $3.3M | new |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.500% 3/1 | principal | 1,672,000 | $1.66M | new |
Sold out in Q2 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| BOOKING HOLDINGS INCBOOKING HOLDINGS INC | 28,614,000 | $70.2M | principal |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO | 66,696,000 | $66.5M | principal |
| BARRICK GOLD CORPBARRICK GOLD CORP | 2,673,289 | $52M | shares |
| HYGISHARES TR | 640,793 | $50.6M | shares |
| EWJISHARES INC | 512,266 | $35.1M | shares |
| MERIDIANLINK INCMERIDIANLINK INC | 1,824,395 | $33.8M | shares |
| LIONS GATE ENTMNT CORPLIONS GATE ENTMNT CORP | 3,839,246 | $30.4M | shares |
| VICTORY PORTFOLIOS IIVICTORY PORTFOLIOS II | 1,098,289 | $30.1M | shares |
| DKDELEK US HLDGS INC NEW | 1,550,330 | $23.4M | shares |
| EASTERLY GOVERNMENT PROPERT…EASTERLY GOVERNMENT PROPERTIES | 1,864,846 | $19.8M | shares |
| DISCOVER FINL SVCSDISCOVER FINL SVCS | 80,577 | $13.8M | shares |
| OECORION S.A. | 1,063,627 | $13.8M | shares |
| CAPITAL SOUTHWEST CORPCAPITAL SOUTHWEST CORP | 13,400,000 | $13.1M | principal |
| JACKJACK IN THE BOX INC | 394,517 | $10.7M | shares |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC | 10,530,000 | $10.5M | principal |
| BKLNINVESCO EXCH TRADED FD TR II | 400,000 | $8.28M | shares |
| SRLNSSGA ACTIVE ETF TR | 200,000 | $8.23M | shares |
| NUNU HLDGS LTD | 703,928 | $7.21M | shares |
| RXSTRXSIGHT INC | 281,658 | $7.11M | shares |
| SANDY SPRING BANCORP INCSANDY SPRING BANCORP INC | 242,405 | $6.78M | shares |
| MAINMAIN STR CAP CORP | 109,714 | $6.21M | shares |
| ROCKET LAB USA INCROCKET LAB USA INC | 345,740 | $6.18M | shares |
| SMWBSIMILARWEB LTD | 493,370 | $4.08M | shares |
| ATRCATRICURE INC | 57,239 | $1.85M | shares |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW | 41,624 | $1.76M | shares |
| IWMISHARES TR | 8,305 | $1.66M | shares |
| INTRA-CELLULAR THERAPIES INCINTRA-CELLULAR THERAPIES INC | 11,938 | $1.57M | shares |
| OXMOXFORD INDS INC | 25,482 | $1.5M | shares |
| BERRY GLOBAL GROUP INCBERRY GLOBAL GROUP INC | 21,235 | $1.48M | shares |
| CALCALERES INC | 85,278 | $1.47M | shares |
| WSWORTHINGTON STL INC | 52,636 | $1.33M | shares |
| SHOESHOE STA GROUP INC | 59,947 | $1.32M | shares |
| KTOSKRATOS DEFENSE & SEC SOLUTIO | 44,145 | $1.31M | shares |
| INMDINMODE LTD | 72,676 | $1.29M | shares |
| NSSCNAPCO SEC TECHNOLOGIES INC | 51,653 | $1.19M | shares |
| EMLEASTERN CO | 46,835 | $1.19M | shares |
| PATTERSON COS INCPATTERSON COS INC | 34,170 | $1.07M | shares |
| HYDVANECK ETF TRUST | 20,000 | $1.02M | shares |
| MCBMETROPOLITAN BK HLDG CORP | 17,615 | $986K | shares |
| H&E EQUIPMENT SERVICES INCH&E EQUIPMENT SERVICES INC | 9,830 | $932K | shares |
| BEACON ROOFING SUPPLY INCBEACON ROOFING SUPPLY INC | 7,372 | $912K | shares |
| SPTSPROUT SOCIAL INC | 36,440 | $801K | shares |
| PACKRANPAK HOLDINGS CORP | 145,310 | $788K | shares |
| SOLARWINDS CORPSOLARWINDS CORP | 39,931 | $736K | shares |
| REGULUS THERAPEUTICS INCREGULUS THERAPEUTICS INC | 386,666 | $677K | shares |
| ITEOS THERAPEUTICS INCITEOS THERAPEUTICS INC | 102,188 | $610K | shares |
| SCHNITZER STEEL INDUSTRIES …SCHNITZER STEEL INDUSTRIES INC | 20,000 | $578K | shares |
| PACTIV EVERGREEN INCPACTIV EVERGREEN INC | 29,953 | $539K | shares |
| MOVMOVADO GROUP INC | 32,235 | $539K | shares |
| FAFIRST ADVANTAGE CORP NEW | 38,069 | $536K | shares |
| SWKHSWK HLDGS CORP | 30,774 | $535K | shares |
| HVTHAVERTY FURNITURE COS INC | 26,364 | $520K | shares |
| GRNDGRINDR INC | 26,870 | $481K | shares |
| SCZISHARES TR | 7,232 | $459K | shares |
| NORDSTROM INCNORDSTROM INC | 17,796 | $435K | shares |
| LBTYKLIBERTY GLOBAL LTD | 36,344 | $435K | shares |
| TSSITSS INC DEL | 53,447 | $420K | shares |
| DLHCDLH HLDGS CORP | 95,935 | $389K | shares |
| GLDMWORLD GOLD TR | 5,635 | $349K | shares |
| TASKTASKUS INC | 25,023 | $341K | shares |
| LUCKLUCKY STRIKE ENTERTAINMENT C | 31,315 | $306K | shares |
| SDHCSMITH DOUGLAS HOMES CORP | 14,395 | $281K | shares |
| ADNTADIENT PLC | 21,553 | $277K | shares |
| SAPIENS INTERNATIONAL CORPSAPIENS INTERNATIONAL CORP | 9,669 | $262K | shares |
| CANCANAAN INC | 288,190 | $253K | shares |
| THSTREEHOUSE FOODS INC | 9,321 | $253K | shares |
| ZIPZIPRECRUITER INC | 42,744 | $252K | shares |
| ARHSARHAUS INC | 28,093 | $244K | shares |
| MSEXMIDDLESEX WTR CO | 3,707 | $238K | shares |
| RYAMRAYONIER ADVANCED MATLS INC | 39,978 | $230K | shares |
| CODICOMPASS DIVERSIFIED | 12,170 | $227K | shares |
| PAYCOR HCM INCPAYCOR HCM INC | 10,000 | $224K | shares |
| EWLISHARES INC | 3,991 | $207K | shares |
| SBSAFE BULKERS INC | 52,806 | $195K | shares |
| LIONS GATE ENTMNT CORPLIONS GATE ENTMNT CORP | 20,206 | $179K | shares |
| TEADTEADS HLDG CO | 40,630 | $152K | shares |
| RMAXRE/MAX HLDGS INC | 17,687 | $148K | shares |
| PLAYA HOTELS & RESORTS NVPLAYA HOTELS & RESORTS NV | 10,996 | $147K | shares |
| INSGINSEEGO CORP | 16,170 | $132K | shares |
| SNDXSYNDAX PHARMACEUTICALS INC | 10,148 | $125K | shares |
| ESOAENERGY SERVICES OF AMER CORP | 13,168 | $124K | shares |
| CMRECOSTAMARE INC | 10,541 | $104K | shares |
| FTKFLOTEK INDUSTRIES INC | 11,566 | $96.3K | shares |
| EEXEMERALD HOLDING INC | 18,535 | $72.8K | shares |
| ORGOORGANOGENESIS HLDGS INC | 15,499 | $67K | shares |
| ALTUS POWER INCALTUS POWER INC | 12,767 | $63.2K | shares |
| PLTKPLAYTIKA HLDG CORP | 11,819 | $61.1K | shares |
| JELDJELD-WEN HLDG INC | 10,005 | $59.7K | shares |
| LANDSEA HOMES CORPLANDSEA HOMES CORP | 7,975 | $51.2K | shares |
| KULR TECHNOLOGY GROUP INCKULR TECHNOLOGY GROUP INC | 24,672 | $32.6K | shares |
| IBRXIMMUNITYBIO INC | 10,707 | $32.2K | shares |
| SVRASAVARA INC | 10,550 | $29.2K | shares |
| NGSNATURAL GAS SVCS GROUP INC | 1,118 | $24.6K | shares |
| EQCEQUITY COMMONWEALTH | 12,248 | $19.7K | shares |
| NEKTAR THERAPEUTICSNEKTAR THERAPEUTICS | 21,436 | $14.6K | shares |
| ORGNORIGIN MATLS INC (DE) | 16,342 | $10.8K | shares |
| CHRSCOHERUS ONCOLOGY INC | 13,416 | $10.8K | shares |
| SERES THERAPEUTICS INCSERES THERAPEUTICS INC | 15,342 | $10.7K | shares |
| BLNKBLINK CHARGING CO | 11,100 | $10.2K | shares |
| GPROGOPRO INC | 14,975 | $9.93K | shares |
| QURATE RETAIL INCQURATE RETAIL INC | 45,835 | $9.22K | shares |
| TNYATENAYA THERAPEUTICS INC | 15,299 | $8.72K | shares |
| LYELL IMMUNOPHARMA INCLYELL IMMUNOPHARMA INC | 15,148 | $8.15K | shares |
| FORGE GLOBAL HOLDINGS INCFORGE GLOBAL HOLDINGS INC | 14,423 | $8.11K | shares |
| BWBABCOCK & WILCOX ENTERPRISES | 10,716 | $7.21K | shares |
| Applied Therapeutics IncApplied Therapeutics Inc | 11,103 | $5.43K | shares |
| SOLO BRANDS INCSOLO BRANDS INC | 32,043 | $5.38K | shares |
| NOVAQSUNNOVA ENERGY INTERNATIONAL I | 13,908 | $5.17K | shares |
| Mersana Therapeutics IncMersana Therapeutics Inc | 10,339 | $3.56K | shares |
How Q2 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001040188-25-000057 | base | 2025-08-13 | acceptance time not in the bulk data set |