VICTORY FINANCIAL GROUP, LLC

Filed: 8/13/2025ACC: 0001754960-25-000601

📋 What this filing means

VICTORY FINANCIAL GROUP, LLC filed this quarterly 13F‑HR report disclosing 230 equity positions with a total reported market value of $630.14M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

230

Positions

$630.14M

Total AUM (reported)

8.61M

Total Shares

Allocation by class

RUS TP200 GR ETF$110.30M17.5%

COM$79.26M12.6%

US DIVIDEND EQ$48.13M7.6%

MRGSTR MD CP GRW$31.07M4.9%

TECHNOLOGY$27.06M4.3%

SHS$24.51M3.9%

HIGH DIVID ETF$23.43M3.7%

Portfolio Concentration

Top 3$189.50M30.1%

4–10$139.90M22.2%

11–25$125.22M19.9%

Rest$175.51M27.9%

Top 3 weight

30.1%

Top 10 weight

52.3%

Voting Authority Distribution

Total shares with voting rights: 8.61M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

8.61M

% of voting shares100.0%

Investment Discretion (by position count)

Sole230

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings230

Rows:

ISHARES TR

SOLE

RUS TP200 GR ETF

Shares447.46K

TypeSH

Market value$110.30M

17.50%

Sole

0.00

Shared

0.00

None

447.46K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares1.82M

TypeSH

Market value$48.13M

7.64%

Sole

0.00

Shared

0.00

None

1.82M

ISHARES TR

SOLE

MRGSTR MD CP GRW

Shares387.22K

TypeSH

Market value$31.07M

4.93%

Sole

0.00

Shared

0.00

None

387.22K

SELECT SECTOR SPDR TR

SOLE

TECHNOLOGY

Shares106.84K

TypeSH

Market value$27.06M

4.29%

Sole

0.00

Shared

0.00

None

106.84K

FIDELITY COVINGTON TRUST

SOLE

HIGH DIVID ETF

Shares450.34K

TypeSH

Market value$23.43M

3.72%

Sole

0.00

Shared

0.00

None

450.34K

FIRST TR EXCHANGE-TRADED FD

SOLE

SHS

Shares517.55K

TypeSH

Market value$23.13M

3.67%

Sole

0.00

Shared

0.00

None

517.55K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares30.26K

TypeSH

Market value$17.19M

2.73%

Sole

0.00

Shared

0.00

None

30.26K

MORGAN STANLEY ETF TRUST

SOLE

EATON VANCE TOTA

Shares333.71K

TypeSH

Market value$16.97M

2.69%

Sole

0.00

Shared

0.00

None

333.71K

SPDR SERIES TRUST

SOLE

BLOOMBERG 1-3 MO

Shares176.67K

TypeSH

Market value$16.21M

2.57%

Sole

0.00

Shared

0.00

None

176.67K

DBX ETF TR

SOLE

XTRACK MSCI EAFE

Shares363.82K

TypeSH

Market value$15.92M

2.53%

Sole

0.00

Shared

0.00

None

363.82K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares134.20K

TypeSH

Market value$14.67M

2.33%

Sole

0.00

Shared

0.00

None

134.20K

NVIDIA CORPORATION

SOLE

COM

Shares76.41K

TypeSH

Market value$12.07M

1.92%

Sole

0.00

Shared

0.00

None

76.41K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares61.28K

TypeSH

Market value$11.95M

1.90%

Sole

0.00

Shared

0.00

None

61.28K

PIMCO ETF TR

SOLE

MULTISECTOR BD

Shares424.81K

TypeSH

Market value$11.27M

1.79%

Sole

0.00

Shared

0.00

None

424.81K

FIDELITY MERRIMACK STR TR

SOLE

TOTAL BD ETF

Shares240.01K

TypeSH

Market value$10.98M

1.74%

Sole

0.00

Shared

0.00

None

240.01K

SPDR SERIES TRUST

SOLE

S&P 600 SMCP GRW

Shares113.90K

TypeSH

Market value$10.11M

1.60%

Sole

0.00

Shared

0.00

None

113.90K

APPLE INC

SOLE

COM

Shares48.48K

TypeSH

Market value$9.95M

1.58%

Sole

0.00

Shared

0.00

None

48.48K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares94.84K

TypeSH

Market value$8.89M

1.41%

Sole

0.00

Shared

0.00

None

94.84K

MICROSOFT CORP

SOLE

COM

Shares13.15K

TypeSH

Market value$6.54M

1.04%

Sole

0.00

Shared

0.00

None

13.15K

AMPLIFY ETF TR

SOLE

CWP ENHANCED DIV

Shares138.40K

TypeSH

Market value$5.89M

0.93%

Sole

0.00

Shared

0.00

None

138.40K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares115.05K

TypeSH

Market value$4.92M

0.78%

Sole

0.00

Shared

0.00

None

115.05K

VANGUARD MALVERN FDS

SOLE

CORE BD ETF

Shares58.66K

TypeSH

Market value$4.55M

0.72%

Sole

0.00

Shared

0.00

None

58.66K

FEDERATED HERMES ETF TRUST

SOLE

MDT LARGE CAP

Shares149.52K

TypeSH

Market value$4.53M

0.72%

Sole

0.00

Shared

0.00

None

149.52K

SPDR S&P MIDCAP 400 ETF TR

SOLE

UTSER1 S&PDCRP

Shares7.95K

TypeSH

Market value$4.50M

0.71%

Sole

0.00

Shared

0.00

None

7.95K

VANGUARD SCOTTSDALE FDS

SOLE

LG-TERM COR BD

Shares58K

TypeSH

Market value$4.40M

0.70%

Sole

0.00

Shared

0.00

None

58K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	RUS TP200 GR ETF	447.46K	SH	$110.30M 17.50%	447.46K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	1.82M	SH	$48.13M 7.64%	1.82M
ISHARES TRSOLE	MRGSTR MD CP GRW	387.22K	SH	$31.07M 4.93%	387.22K
SELECT SECTOR SPDR TRSOLE	TECHNOLOGY	106.84K	SH	$27.06M 4.29%	106.84K
FIDELITY COVINGTON TRUSTSOLE	HIGH DIVID ETF	450.34K	SH	$23.43M 3.72%	450.34K
FIRST TR EXCHANGE-TRADED FDSOLE	SHS	517.55K	SH	$23.13M 3.67%	517.55K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	30.26K	SH	$17.19M 2.73%	30.26K
MORGAN STANLEY ETF TRUSTSOLE	EATON VANCE TOTA	333.71K	SH	$16.97M 2.69%	333.71K
SPDR SERIES TRUSTSOLE	BLOOMBERG 1-3 MO	176.67K	SH	$16.21M 2.57%	176.67K
DBX ETF TRSOLE	XTRACK MSCI EAFE	363.82K	SH	$15.92M 2.53%	363.82K
ISHARES TRSOLE	CORE S&P SCP ETF	134.20K	SH	$14.67M 2.33%	134.20K
NVIDIA CORPORATIONSOLE	COM	76.41K	SH	$12.07M 1.92%	76.41K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	61.28K	SH	$11.95M 1.90%	61.28K
PIMCO ETF TRSOLE	MULTISECTOR BD	424.81K	SH	$11.27M 1.79%	424.81K
FIDELITY MERRIMACK STR TRSOLE	TOTAL BD ETF	240.01K	SH	$10.98M 1.74%	240.01K
SPDR SERIES TRUSTSOLE	S&P 600 SMCP GRW	113.90K	SH	$10.11M 1.60%	113.90K
APPLE INCSOLE	COM	48.48K	SH	$9.95M 1.58%	48.48K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	94.84K	SH	$8.89M 1.41%	94.84K
MICROSOFT CORPSOLE	COM	13.15K	SH	$6.54M 1.04%	13.15K
AMPLIFY ETF TRSOLE	CWP ENHANCED DIV	138.40K	SH	$5.89M 0.93%	138.40K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	115.05K	SH	$4.92M 0.78%	115.05K
VANGUARD MALVERN FDSSOLE	CORE BD ETF	58.66K	SH	$4.55M 0.72%	58.66K
FEDERATED HERMES ETF TRUSTSOLE	MDT LARGE CAP	149.52K	SH	$4.53M 0.72%	149.52K
SPDR S&P MIDCAP 400 ETF TRSOLE	UTSER1 S&PDCRP	7.95K	SH	$4.50M 0.71%	7.95K
VANGUARD SCOTTSDALE FDSSOLE	LG-TERM COR BD	58K	SH	$4.40M 0.70%	58K

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