VICTORY CAPITAL MANAGEMENT INC

View all activity View 13F on SEC

Data as of Q4 2025

Institutional investor tracked via SEC 13F filings. Portfolio snapshot as of 2025-12-31.SEC EDGAR Source

Assets Under Management

$177.2B

Total Positions

2,421

New This Quarter

125

Filing Period

2025-12-31

Portfolio Allocation

Top holdings by portfolio weight

NVDA4.11%

MSFT3.56%

AAPL3.41%

AMZN3.18%

GOOGL2.22%

LLY1.63%

V1.29%

GOOG1.15%

AVGO1.10%

BAC0.99%

Other11.38%

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

FLEX29Q held

Flex Ltd

Avg $8.53 · $35.1M est. P&L

Est. P&L

+623.28%

APP19Q held

AppLovin Corp

Avg $111.33 · $229.2M est. P&L

Est. P&L

+523.10%

GFI26Q held

GOLD FIELDS LTD

Avg $7.35 · $78.7M est. P&L

Est. P&L

+500.61%

Top Losers

Upgrade to Pro to see the worst-performing positions.

View plans

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Top Holdings(Showing 25 of 2392 — sorted by value)

Export CSV(Pro)

Activity:

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
NVDA NVIDIA Corp	39.1M	$7.3B	4.1%	—	$139.07	+34.86%	29 qtrs	Increased 65
MSFT Microsoft Corp	13M	$6.3B	3.6%	—	$345.16	+41.23%	29 qtrs	Increased 66
AAPL Apple Inc	22.3M	$6.1B	3.4%	—	$163.20	+67.17%	29 qtrs	Increased 67
AMZN Amazon.com Inc	24.4M	$5.6B	3.2%	—	$193.63	+20.09%	29 qtrs	Increased 73
GOOGL Alphabet Inc	12.6M	$3.9B	2.2%	—	$175.88	+78.44%	29 qtrs	Increased 63
LLY Eli Lilly & Co	2.7M	$2.9B	1.6%	—	$675.31	+59.62%	29 qtrs	Increased 58
V Visa Inc	6.5M	$2.3B	1.3%	—	$315.09	+12.00%	29 qtrs	Increased 69
GOOG Alphabet Inc	6.5M	$2B	1.2%	—	$120.72	+160.56%	29 qtrs	Decreased 0
AVGO Broadcom Inc	5.7M	$2B	1.1%	—	$203.43	+71.98%	29 qtrs	Decreased 0
BAC Bank of America Corp	31.9M	$1.8B	1.0%	—	$48.54	+13.90%	29 qtrs	Increased 71
CSCO Cisco Systems Inc	21.1M	$1.6B	0.9%	—	$61.25	+25.71%	29 qtrs	Increased 52
TFC TRUIST FINANCIAL CORP	32M	$1.6B	0.9%	—	$41.21	+19.08%	25 qtrs	Increased 48
MLM Martin Marietta Materials Inc	2.4M	$1.5B	0.9%	—	$573.78	+10.05%	29 qtrs	Increased 63
VRTX Vertex Pharmaceuticals Inc	3.4M	$1.5B	0.9%	—	$428.73	+5.83%	29 qtrs	Increased 62
UPS United Parcel Service Inc	13.8M	$1.4B	0.8%	—	$98.85	+0.80%	29 qtrs	Increased 67
AMD Advanced Micro Devices Inc	6.4M	$1.4B	0.8%	—	$135.44	+58.99%	29 qtrs	Decreased 0
IBM International Business Machines Corp	4.6M	$1.4B	0.8%	—	$275.98	+8.83%	29 qtrs	Increased 56
LH Labcorp Holdings Inc	5.4M	$1.3B	0.8%	—	$257.35	-1.66%	7 qtrs	Increased 73
META Meta Platforms Inc	2M	$1.3B	0.8%	—	$215.48	+209.05%	29 qtrs	Decreased 0
SNPS Synopsys Inc	2.7M	$1.3B	0.7%	—	$466.68	+1.67%	29 qtrs	Decreased 0
PWR Quanta Services Inc	2.9M	$1.2B	0.7%	—	$367.86	+16.54%	29 qtrs	Increased 58
NRG NRG Energy Inc	7.7M	$1.2B	0.7%	—	$151.83	+5.34%	29 qtrs	Increased 73
BJ BJ's Wholesale Club Holdings Inc	12.9M	$1.2B	0.7%	—	$89.52	+0.64%	28 qtrs	Increased 64
APH Amphenol Corp	8.5M	$1.1B	0.6%	—	$95.53	+42.57%	29 qtrs	Increased 52
UBER Uber Technologies Inc	13.6M	$1.1B	0.6%	—	$86.14	-4.66%	26 qtrs	Increased 52
Showing 25 of 2,392 results.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

BANFBANCFIRST CORP

Q1 2024 → Q4 2025+21,067 shares+$2.3M

RPRXRoyalty Pharma PLC

Q1 2024 → Q4 2025+4.8M shares+$189.9M

PLTRPalantir Technologies Inc

Q1 2024 → Q4 2025+1.6M shares+$362M

Upgrade to Pro to see all accumulation streaks

Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer