1y return+19.9%S&P 500 +20.9%
3y return+47.7%S&P 500 +68.5%
5y return+42.9%S&P 500 +74.5%
10y return+184.7%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $285 against $357 in the S&P 500.2
Victory Capital Management IncS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $7.0B | 3.9% | +6.3% |
| AAPLApple Inc | $5.4B | 3.1% | |
| MSFTMicrosoft Corp | $4.2B | 2.4% | +4.8% |
| GOOGLAlphabet Inc | $3.8B | 2.1% | +6.4% |
| AMZNAmazon Com Inc | $3.8B | 2.1% | −7.2% |
| LLYEli Lilly & Co | $2.6B | 1.4% | +14.7% |
| AMDAdvanced Micro Devices Inc | $2.5B | 1.4% | −15.1% |
| GOOGAlphabet Inc | $2.2B | 1.2% | +6.9% |
| AVGOBroadcom Inc | $2.1B | 1.2% | +7.9% |
| BACBank Of Amer Corp | $1.8B | 1.0% | +23.8% |
| METAMeta Platforms Inc | $1.6B | 0.9% | +11.3% |
| UPSUnited Parcel Svcs Inc | $1.5B | 0.9% | +29.1% |
| CSCOCisco Sys Inc | $1.5B | 0.8% | −16.1% |
| VVisa Inc | $1.5B | 0.8% | −13.3% |
| NRGNrg Energy Inc | $1.4B | 0.8% | +32.9% |
| LHLabcorp Holdings Inc | $1.4B | 0.8% | +4.5% |
| TSLATesla Inc | $1.3B | 0.8% | +56.2% |
| SNPSSynopsys Inc | $1.3B | 0.7% | +12.6% |
| MUMicron Technology Inc | $1.3B | 0.7% | +3.4% |
| KLACKla Corp | $1.2B | 0.7% | +917.6% |
| AMATApplied Matls Inc | $1.1B | 0.6% | −1.0% |
| APHAmphenol Corp | $1.1B | 0.6% | −3.4% |
| VRTXVertex Pharmaceuticals Inc | $1.1B | 0.6% | +15.1% |
| RRXRegal Rexnord Corporation | $1.1B | 0.6% | +7.4% |
| MLMMartin Marietta Matls Inc | $1.0B | 0.6% | +8.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $7.0B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $2.1B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $1.1B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $2.5B |
| APHAmphenol Corp | June 30, 2020 | +636.1% | $1.1B |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $2.6B |
| GEVGe Vernova Inc | June 30, 2024 | +585.0% | $833.2M |
| FCXFreeport Mcmoran Inc | June 30, 2020 | +443.6% | $1.0B |
| Asml Hldg NvCUSIP N07059210 | June 30, 2020 | +440.6% | $947.1M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $3.8B |
Sold off last quarter
- CTRACoterra Energy Inc was $357.8M
- Dupont De Nemours IncCUSIP 26614N102 was $287.7M
- Honeywell Intl IncCUSIP 438516106 was $195.5M
- Carnival CorpCUSIP 143658300 was $154.6M
- FNVFranco Nev Corp was $119.5M
- XLPSelect Sector Spdr Tr was $80.6M
- PRSUPursuit Attractions And Hosp was $49.2M
- Amcor PLCCUSIP G0250X107 was $43.4M
- SUNBSunbelt Rentals Holdings Inc was $38.0M
- Flex Lng LtdCUSIP G35947202 was $24.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.8% | +14.8% |
| March 31, 2026 | −1.6% | −4.6% |
| December 31, 2025 | +2.3% | +2.4% |
| September 30, 2025 | +6.5% | +7.8% |
| June 30, 2025 | +6.4% | +10.5% |
| March 31, 2025 | −4.4% | −4.6% |
| December 31, 2024 | −0.6% | +2.1% |
| September 30, 2024 | +6.6% | +5.4% |
| June 30, 2024 | −1.0% | +4.0% |
| March 31, 2024 | +8.3% | +10.0% |
| December 31, 2023 | +10.6% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +4.3% | +8.3% |
| March 31, 2023 | +4.1% | +7.0% |
| December 31, 2022 | +9.3% | +7.1% |
| September 30, 2022 | −4.7% | −5.3% |
| June 30, 2022 | −14.6% | −16.5% |
| March 31, 2022 | −5.2% | −4.9% |
| December 31, 2021 | +7.5% | +10.7% |
| September 30, 2021 | −1.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Victory Capital Management Inc Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1040188&type=13F-HR&dateb=&owner=include&count=40CIK 1040188
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1040188/000104018826000040/Filed August 7, 2026 · accession 0001040188-26-000040