Filed: 11/12/2025ACC: 0001040188-25-000097
📋 What this filing means
VICTORY CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 2421 equity positions with a total reported market value of $171.01B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
2421
Positions
$171.01B
Total AUM (reported)
2.91B
Total Shares
Allocation by class
COM$157.74B92.2%
ETF$7.08B4.1%
REIT$3.65B2.1%
CONB$1.19B0.7%
ADR$735.33M0.4%
CPFD$509.29M0.3%
LP$98.40M0.1%
Portfolio Concentration
Top 3$22.85B13.4%
4–10$18.51B10.8%
11–25$17.03B10.0%
Rest$112.62B65.9%
Top 3 weight
13.4%
Top 10 weight
24.2%
Voting Authority Distribution
Total shares with voting rights: 2.91B
Sole
Full voting authority
1.94B
shares
% of voting shares66.9%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
960.46M
shares
% of voting shares33.1%
Investment Discretion (by position count)
Sole2415
Shared0
Other6
Dominant voting typeSole · 66.9% of voting shares
Institutional Holdings2421
Rows:
QUALCOMM INC
SOLEShares3.89M
TypeSH
Market value$10.87B
6.36%
Sole
3.10M
Shared
0.00
None
789.61K
NVIDIA CORPORATION
SOLEShares35.07M
TypeSH
Market value$6.17B
3.61%
Sole
27.47M
Shared
0.00
None
7.60M
MICROSOFT CORP
SOLEShares11.65M
TypeSH
Market value$5.80B
3.39%
Sole
9.35M
Shared
0.00
None
2.30M
APPLE INC
SOLEShares19.48M
TypeSH
Market value$4.80B
2.80%
Sole
16.05M
Shared
0.00
None
3.43M
AMAZON COM INC
SOLEShares19.28M
TypeSH
Market value$4.28B
2.50%
Sole
14.99M
Shared
0.00
None
4.29M
ALPHABET INC
SOLEShares10.85M
TypeSH
Market value$2.63B
1.54%
Sole
7.89M
Shared
0.00
None
2.95M
BROADCOM INC
SOLEShares6.08M
TypeSH
Market value$2.01B
1.17%
Sole
5.35M
Shared
0.00
None
732.44K
ALPHABET INC
SOLEShares7.20M
TypeSH
Market value$1.76B
1.03%
Sole
6.29M
Shared
0.00
None
904.94K
ELI LILLY & CO
SOLEShares2.31M
TypeSH
Market value$1.55B
0.91%
Sole
1.53M
Shared
0.00
None
775.87K
META PLATFORMS INC
SOLEShares2.04M
TypeSH
Market value$1.50B
0.88%
Sole
2.03M
Shared
0.00
None
12.90K
VISA INC
SOLEShares4.39M
TypeSH
Market value$1.44B
0.84%
Sole
3.07M
Shared
0.00
None
1.32M
ADVANCED MICRO DEVICES INC
SOLEShares8.91M
TypeSH
Market value$1.41B
0.83%
Sole
5.74M
Shared
0.00
None
3.17M
TRUIST FINL CORP
SOLEShares29.74M
TypeSH
Market value$1.36B
0.79%
Sole
21.59M
Shared
0.00
None
8.15M
ORACLE CORP
SOLEShares4.82M
TypeSH
Market value$1.32B
0.77%
Sole
3.66M
Shared
0.00
None
1.16M
CISCO SYS INC
SOLEShares18.24M
TypeSH
Market value$1.26B
0.74%
Sole
13.65M
Shared
0.00
None
4.59M
JOHNSON & JOHNSON
SOLEShares4.59M
TypeSH
Market value$1.26B
0.73%
Sole
3.61M
Shared
0.00
None
983.68K
UBER TECHNOLOGIES INC
SOLEShares11.69M
TypeSH
Market value$1.18B
0.69%
Sole
8.63M
Shared
0.00
None
3.06M
MASTERCARD INCORPORATED
SOLEShares1.89M
TypeSH
Market value$1.07B
0.62%
Sole
1.50M
Shared
0.00
None
393.73K
INTERNATIONAL BUSINESS MACHS
SOLEShares3.63M
TypeSH
Market value$1.02B
0.60%
Sole
2.21M
Shared
0.00
None
1.41M
SYNOPSYS INC
SOLEShares2.82M
TypeSH
Market value$1.02B
0.59%
Sole
1.37M
Shared
0.00
None
1.45M
MARTIN MARIETTA MATLS INC
SOLEShares1.61M
TypeSH
Market value$1.02B
0.59%
Sole
950.11K
Shared
0.00
None
662.70K
EVERSOURCE ENERGY
SOLEShares5.90M
TypeSH
Market value$970.68M
0.57%
Sole
2.65M
Shared
0.00
None
3.25M
AMPHENOL CORP NEW
SOLEShares7.35M
TypeSH
Market value$963.11M
0.56%
Sole
5.81M
Shared
0.00
None
1.54M
QUANTA SVCS INC
SOLEShares2.16M
TypeSH
Market value$893.14M
0.52%
Sole
1.38M
Shared
0.00
None
779.39K
TESLA INC
SOLEShares1.94M
TypeSH
Market value$861.42M
0.50%
Sole
1.93M
Shared
0.00
None
4.52K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
QUALCOMM INCSOLE | COM | 3.89M | SH | $10.87B 6.36% | 3.10M | 0.00 | 789.61K |
NVIDIA CORPORATIONSOLE | COM | 35.07M | SH | $6.17B 3.61% | 27.47M | 0.00 | 7.60M |
MICROSOFT CORPSOLE | COM | 11.65M | SH | $5.80B 3.39% | 9.35M | 0.00 | 2.30M |
APPLE INCSOLE | COM | 19.48M | SH | $4.80B 2.80% | 16.05M | 0.00 | 3.43M |
AMAZON COM INCSOLE | COM | 19.28M | SH | $4.28B 2.50% | 14.99M | 0.00 | 4.29M |
ALPHABET INCSOLE | COM | 10.85M | SH | $2.63B 1.54% | 7.89M | 0.00 | 2.95M |
BROADCOM INCSOLE | COM | 6.08M | SH | $2.01B 1.17% | 5.35M | 0.00 | 732.44K |
ALPHABET INCSOLE | COM | 7.20M | SH | $1.76B 1.03% | 6.29M | 0.00 | 904.94K |
ELI LILLY & COSOLE | COM | 2.31M | SH | $1.55B 0.91% | 1.53M | 0.00 | 775.87K |
META PLATFORMS INCSOLE | COM | 2.04M | SH | $1.50B 0.88% | 2.03M | 0.00 | 12.90K |
VISA INCSOLE | COM | 4.39M | SH | $1.44B 0.84% | 3.07M | 0.00 | 1.32M |
ADVANCED MICRO DEVICES INCSOLE | COM | 8.91M | SH | $1.41B 0.83% | 5.74M | 0.00 | 3.17M |
TRUIST FINL CORPSOLE | COM | 29.74M | SH | $1.36B 0.79% | 21.59M | 0.00 | 8.15M |
ORACLE CORPSOLE | COM | 4.82M | SH | $1.32B 0.77% | 3.66M | 0.00 | 1.16M |
CISCO SYS INCSOLE | COM | 18.24M | SH | $1.26B 0.74% | 13.65M | 0.00 | 4.59M |
JOHNSON & JOHNSONSOLE | COM | 4.59M | SH | $1.26B 0.73% | 3.61M | 0.00 | 983.68K |
UBER TECHNOLOGIES INCSOLE | COM | 11.69M | SH | $1.18B 0.69% | 8.63M | 0.00 | 3.06M |
MASTERCARD INCORPORATEDSOLE | COM | 1.89M | SH | $1.07B 0.62% | 1.50M | 0.00 | 393.73K |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 3.63M | SH | $1.02B 0.60% | 2.21M | 0.00 | 1.41M |
SYNOPSYS INCSOLE | COM | 2.82M | SH | $1.02B 0.59% | 1.37M | 0.00 | 1.45M |
MARTIN MARIETTA MATLS INCSOLE | COM | 1.61M | SH | $1.02B 0.59% | 950.11K | 0.00 | 662.70K |
EVERSOURCE ENERGYSOLE | COM | 5.90M | SH | $970.68M 0.57% | 2.65M | 0.00 | 3.25M |
AMPHENOL CORP NEWSOLE | COM | 7.35M | SH | $963.11M 0.56% | 5.81M | 0.00 | 1.54M |
QUANTA SVCS INCSOLE | COM | 2.16M | SH | $893.14M 0.52% | 1.38M | 0.00 | 779.39K |
TESLA INCSOLE | COM | 1.94M | SH | $861.42M 0.50% | 1.93M | 0.00 | 4.52K |
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