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Livermore
Livermore
ZHEN

Victory Capital Management Inc

SEC CIK
0001040188
Latest filing
Aug 7, 2026

The latest 13F from Victory Capital Management Inc covers Q2 2026 (filed Aug 7, 2026): 2,482 long positions worth $178.3B. The top 10 holdings make up 19.8% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 3.9%. Livermore has 25 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
177
Est. +$1.15B
Added
1282
Est. +$17.8B
Reduced
955
Est. −$16.1B
Sold out
105
Est. −$1.29B

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    3.9%$6.97BHistory
  2. AAPLApple Inc.
    3.0%$5.43BHistory
  3. MSFTMicrosoft Corp
    2.3%$4.19BHistory
  4. GOOGLAlphabet Inc.
    2.1%$3.77BHistory
  5. AMZNAmazon Com Inc
    2.1%$3.75BHistory

Share of portfolio

Top 5 holdings and the other 2,477 positions, by share of portfolio value

  1. NVDA3.9%
  2. AAPL3.0%
  3. MSFT2.3%
  4. GOOGL2.1%
  5. AMZN2.1%
  6. Other 2,477 positions86.5%

Biggest buys

New and added positions, by estimated amount bought

  1. TSLATesla, Inc.
    +$484.0MAddedHistory
  2. STTState Street Corp
    +$429.4MAddedHistory
  3. NVDANVIDIA Corp
    +$413.8MAddedHistory
  4. UPSUnited Parcel Service Inc
    +$345.1MAddedHistory
  5. NRGNRG Energy, Inc.
    +$344.6MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. MUMicron Technology Inc
    +0.48 pp0.2% → 0.7%History
  2. LLYEli Lilly & Co
    +0.34 pp1.1% → 1.4%History
  3. KLACKLA Corp
    +0.30 pp0.4% → 0.7%History
  4. GOOGLAlphabet Inc.
    +0.28 pp1.8% → 2.1%History
  5. STTState Street Corp
    +0.27 pp0.2% → 0.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. TFCTruist Financial Corp
    −$559.7MReducedHistory
  2. AMDAdvanced Micro Devices Inc
    −$446.3MReducedHistory
  3. PWRQuanta Services, Inc.
    −$418.0MReducedHistory
  4. DELLDell Technologies Inc.
    −$373.3MReducedHistory
  5. CTRACoterra Energy Inc.
    −$357.8MSold outHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. TFCTruist Financial Corp
    −0.36 pp0.8% → 0.4%History
  2. BJBJ's Wholesale Club Holdings, Inc.
    −0.25 pp0.7% → 0.5%History
  3. CTRACoterra Energy Inc.
    −0.23 pp0.2% → 0.0%History
  4. HDHome Depot, Inc.
    −0.22 pp0.4% → 0.2%History
  5. WTWWillis Towers Watson PLC
    −0.21 pp0.3% → <0.1%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$178.3B
+$22.5B (+14.5%) vs. prior quarter
Positions
2,482
+72 vs. prior quarter
Top 10 concentration
19.8%
Top 10 as share of value
Turnover
10.4%
Q2 2026, one quarter
Average holding period
20.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $178.3B (Q2 2026)

Q1 2021: $97.6BQ2 2021: $104.2BQ3 2021: $102.1BQ4 2021: $108.7BQ1 2022: $100.0BQ2 2022: $87.8BQ3 2022: $85.7BQ4 2022: $86.9BQ1 2023: $89.0BQ2 2023: $90.9BQ3 2023: $87.0BQ4 2023: $95.1BQ1 2024: $102.4BQ2 2024: $99.8BQ3 2024: $103.8BQ4 2024: $101.7BQ1 2025: $97.7BQ2 2025: $155.1BQ3 2025: $159.6BQ4 2025: $177.2BQ1 2026: $155.8BQ2 2026: $178.3B
Q1 2021Q2 2026
13F filings of Victory Capital Management Inc by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 7, 20262,482$178.3BNVDAAAPLMSFTvs. Q1 2026SEC
Q1 2026May 15, 20262,410$155.8BNVDAAAPLMSFTvs. Q4 2025SEC
Q4 2025Feb 13, 20262,421$177.2BNVDAMSFTAAPLvs. Q3 2025SEC
Q3 2025Nov 12, 20252,415$159.6BNVDAMSFTAAPLvs. Q2 2025SEC
Q2 2025Aug 13, 20252,478$155.1BMSFTNVDAAMZNvs. Q1 2025SEC
Q1 2025May 2, 20252,470$97.7BAAPLNVDAMSFTvs. Q4 2024SEC
Q4 2024Feb 6, 20252,469$101.7BAAPLNVDAMSFTvs. Q3 2024SEC
Q3 2024Nov 5, 20242,481$103.8BAAPLMSFTNVDAvs. Q2 2024SEC
Q2 2024Aug 5, 20242,472$99.8BMSFTNVDAAAPLvs. Q1 2024SEC
Q1 2024May 3, 20242,469$102.4BMSFTNVDAAAPLvs. Q4 2023SEC
Q4 2023Feb 5, 20242,536$95.1BAAPLMSFTNVDAvs. Q3 2023SEC
Q3 2023Nov 6, 20232,516$87.0BAAPLMSFTNVDAvs. Q2 2023SEC
Q2 2023Jul 27, 20232,511$90.9BAAPLMSFTNVDAvs. Q1 2023SEC
Q1 2023May 2, 20232,588$89.0BAAPLMSFTVictory Portfolios IIvs. Q4 2022SEC
Q4 2022Apr 25, 2023Amended2,586$86.9BAAPLMSFTVictory Portfolios IIvs. Q3 2022SEC
Q3 2022Nov 2, 20222,698$85.7BAAPLMSFTVictory Portfolios IIvs. Q2 2022SEC
Q2 2022Aug 1, 20222,691$87.8BAAPLMSFTVictory Portfolios IIvs. Q1 2022SEC
Q1 2022May 4, 20222,723$100.0BAAPLMSFTAMZNvs. Q4 2021SEC
Q4 2021Feb 7, 20222,763$108.7BAAPLMSFTiShares Core S&P 500 ETFvs. Q3 2021SEC
Q3 2021Nov 2, 20212,773$102.1BiShares Core S&P 500 ETFAAPLMSFTvs. Q2 2021SEC
Q2 2021Aug 3, 20212,736$104.2BiShares Core S&P 500 ETFAAPLMSFTvs. Q1 2021SEC
Q1 2021May 4, 20212,740$97.6BAAPLMSFTAMZN–SEC

13D and 13G filings

Companies where Victory Capital Management Inc reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

7 companies, largest stake first.

Companies where Victory Capital Management Inc owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
AOMRAngel Oak Mortgage REIT, Inc.13G6.06%1.44M sharesNewOct 28, 20251 filingOct 28, 2025SEC
HFWAHeritage Financial Corp13G/A6.02%2.48M shares−1.03 ppfrom 7.05%Aug 8, 20252 filingsMay 11, 2026SEC
BANRBanner Corp13G/A5.62%1.95M shares0.00 ppfrom 5.62%Aug 8, 20252 filingsAug 8, 2025SEC
GGenpact LTD13G5.59%9.85M sharesNewJan 28, 20251 filingJan 28, 2025SEC
BOWBowhead Specialty Holdings Inc.13G5.39%1.77M sharesNewJul 24, 20261 filingJul 24, 2026SEC
APOGApogee Enterprises, Inc.13G5.27%1.16M shares–Feb 7, 20242 filingsJan 28, 2025SEC
VRTSVirtus Investment Partners, Inc.13G5.03%336.0K sharesNewJul 24, 20261 filingJul 24, 2026SEC

Latest filings

300 filings on file made by Victory Capital Management Inc or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Victory Capital Management Inc
CompanyFiled (ET)FormStakeChangeEvent dateFiling
MKSIMKS IncJul 24, 20263:21 PM ET13G/A0.90%604.7K shares−4.74 ppfrom 5.64%Below 5%Jun 30, 2026SEC
BJBJ's Wholesale Club Holdings, Inc.Jul 24, 20262:22 PM ET13G/A4.47%5.71M shares−4.69 ppfrom 9.16%Below 5%Jun 30, 2026SEC
DOLEDole plcJul 24, 20262:19 PM ET13G/A4.72%4.49M shares−0.47 ppfrom 5.19%Below 5%Jun 30, 2026SEC
FCNFti Consulting, IncJul 24, 20262:12 PM ET13G/A4.94%1.49M shares+1.06 ppfrom 3.88%Below 5%Jun 30, 2026SEC
VRTSVirtus Investment Partners, Inc.Jul 24, 20262:06 PM ET13G5.03%336.0K sharesNewJun 30, 2026SEC
BOWBowhead Specialty Holdings Inc.Jul 24, 20262:02 PM ET13G5.39%1.77M sharesNewJun 30, 2026SEC
BJBJ's Wholesale Club Holdings, Inc.Jul 23, 20262:33 PM ET13G/A9.16%11.9M shares+2.74 ppfrom 6.42%Mar 31, 2026SEC
HUBGHub Group, Inc.May 12, 20269:55 AM ET13G/A3.67%2.22M shares0.00 ppfrom 3.67%Below 5%Mar 31, 2026SEC
RRXRegal Rexnord CorpMay 12, 20269:54 AM ET13G/A2.29%1.52M shares−3.92 ppfrom 6.21%Below 5%Mar 31, 2026SEC
HUBGHub Group, Inc.May 12, 20269:51 AM ET13G/A3.67%2.22M shares−1.48 ppfrom 5.15%Below 5%Dec 31, 2025SEC
COHUCohu IncMay 12, 20269:47 AM ET13G/A4.91%2.33M shares−1.39 ppfrom 6.30%Below 5%Mar 31, 2026SEC
PRSUPursuit Attractions & Hospitality, Inc.May 12, 20269:46 AM ET13G/A4.80%1.35M shares−1.56 ppfrom 6.36%Below 5%Mar 31, 2026SEC
NNNNNN REIT, Inc.May 12, 20269:45 AM ET13G/A4.39%8.35M shares−0.78 ppfrom 5.17%Below 5%Mar 31, 2026SEC
HFWAHeritage Financial CorpMay 11, 20269:51 AM ET13G/A6.02%2.48M shares−1.03 ppfrom 7.05%Mar 31, 2026SEC
ASIXAdvanSix Inc.Feb 11, 20261:44 PM ET13G/A0.51%137.6K shares−7.61 ppfrom 8.12%Below 5%Sep 30, 2025SEC
CHRDChord Energy CorpFeb 11, 20261:40 PM ET13G/A3.48%1.98M shares−1.99 ppfrom 5.47%Below 5%Sep 30, 2025SEC
KNXKnight-Swift Transportation Holdings Inc.Feb 11, 20261:32 PM ET13G/A4.16%6.75M shares−0.92 ppfrom 5.08%Below 5%Mar 31, 2025SEC
NBHCNational Bank Holdings CorpFeb 11, 20261:29 PM ET13G/A4.21%1.59M shares−0.93 ppfrom 5.14%Below 5%Dec 31, 2025SEC
WERNWerner Enterprises IncFeb 11, 20261:24 PM ET13G/A4.67%2.78M shares−1.01 ppfrom 5.68%Below 5%Dec 31, 2025SEC
BJBJ's Wholesale Club Holdings, Inc.Feb 10, 20261:47 PM ET13G/A6.42%8.40M shares0.00 ppfrom 6.42%Dec 31, 2025SEC