VICTORY FINANCIAL GROUP, LLC

Filed: 11/14/2025ACC: 0001754960-25-000796

📋 What this filing means

VICTORY FINANCIAL GROUP, LLC filed this quarterly 13F‑HR report disclosing 248 equity positions with a total reported market value of $727.34M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

248

Positions

$727.34M

Total AUM (reported)

9.69M

Total Shares

Allocation by class

RUS TP200 GR ETF$120.92M16.6%

COM$100.47M13.8%

US DIVIDEND EQ$52.84M7.3%

MRGSTR MD CP GRW$34.14M4.7%

TECHNOLOGY$30.57M4.2%

SHS$26.82M3.7%

HIGH DIVID ETF$25.50M3.5%

Portfolio Concentration

Top 3$207.90M28.6%

4–10$160.31M22.0%

11–25$143.53M19.7%

Rest$215.60M29.6%

Top 3 weight

28.6%

Top 10 weight

50.6%

Voting Authority Distribution

Total shares with voting rights: 9.69M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

9.69M

% of voting shares100.0%

Investment Discretion (by position count)

Sole248

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings248

Rows:

ISHARES TR

SOLE

RUS TP200 GR ETF

Shares441.66K

TypeSH

Market value$120.92M

16.62%

Sole

0.00

Shared

0.00

None

441.66K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares1.93M

TypeSH

Market value$52.84M

7.27%

Sole

0.00

Shared

0.00

None

1.93M

ISHARES TR

SOLE

MRGSTR MD CP GRW

Shares412.46K

TypeSH

Market value$34.14M

4.69%

Sole

0.00

Shared

0.00

None

412.46K

SELECT SECTOR SPDR TR

SOLE

TECHNOLOGY

Shares108.42K

TypeSH

Market value$30.57M

4.20%

Sole

0.00

Shared

0.00

None

108.42K

FIRST TR EXCHANGE-TRADED FD

SOLE

SHS

Shares559.08K

TypeSH

Market value$25.87M

3.56%

Sole

0.00

Shared

0.00

None

559.08K

FIDELITY COVINGTON TRUST

SOLE

HIGH DIVID ETF

Shares457.39K

TypeSH

Market value$25.50M

3.51%

Sole

0.00

Shared

0.00

None

457.39K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares37.52K

TypeSH

Market value$22.98M

3.16%

Sole

0.00

Shared

0.00

None

37.52K

ISHARES TR

SOLE

MSCI INTL VLU FT

Shares574.39K

TypeSH

Market value$20.40M

2.81%

Sole

0.00

Shared

0.00

None

574.39K

MORGAN STANLEY ETF TRUST

SOLE

EATON VANCE TOTA

Shares370.19K

TypeSH

Market value$19.07M

2.62%

Sole

0.00

Shared

0.00

None

370.19K

NVIDIA CORPORATION

SOLE

COM

Shares85.36K

TypeSH

Market value$15.93M

2.19%

Sole

0.00

Shared

0.00

None

85.36K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares132.80K

TypeSH

Market value$15.80M

2.17%

Sole

0.00

Shared

0.00

None

132.80K

APPLE INC

SOLE

COM

Shares56.56K

TypeSH

Market value$14.40M

1.98%

Sole

0.00

Shared

0.00

None

56.56K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares65.59K

TypeSH

Market value$13.70M

1.88%

Sole

0.00

Shared

0.00

None

65.59K

PIMCO ETF TR

SOLE

MULTISECTOR BD

Shares486.80K

TypeSH

Market value$13.09M

1.80%

Sole

0.00

Shared

0.00

None

486.80K

SPDR SERIES TRUST

SOLE

S&P 600 SMCP GRW

Shares136.55K

TypeSH

Market value$12.88M

1.77%

Sole

0.00

Shared

0.00

None

136.55K

FIDELITY MERRIMACK STR TR

SOLE

TOTAL BD ETF

Shares275.83K

TypeSH

Market value$12.77M

1.76%

Sole

0.00

Shared

0.00

None

275.83K

SPDR SERIES TRUST

SOLE

BLOOMBERG 1-3 MO

Shares126.54K

TypeSH

Market value$11.67M

1.60%

Sole

0.00

Shared

0.00

None

126.54K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares92.93K

TypeSH

Market value$9.21M

1.27%

Sole

0.00

Shared

0.00

None

92.93K

MICROSOFT CORP

SOLE

COM

Shares14.60K

TypeSH

Market value$7.56M

1.04%

Sole

0.00

Shared

0.00

None

14.60K

AMPLIFY ETF TR

SOLE

CWP ENHANCED DIV

Shares144.16K

TypeSH

Market value$6.43M

0.88%

Sole

0.00

Shared

0.00

None

144.16K

TESLA INC

SOLE

COM

Shares13.87K

TypeSH

Market value$6.13M

0.84%

Sole

0.00

Shared

0.00

None

13.87K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares115.51K

TypeSH

Market value$5.41M

0.74%

Sole

0.00

Shared

0.00

None

115.51K

AMAZON COM INC

SOLE

COM

Shares22.65K

TypeSH

Market value$4.91M

0.67%

Sole

0.00

Shared

0.00

None

22.65K

FEDERATED HERMES ETF TRUST

SOLE

MDT LARGE CAP

Shares151.53K

TypeSH

Market value$4.86M

0.67%

Sole

0.00

Shared

0.00

None

151.53K

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares78.33K

TypeSH

Market value$4.71M

0.65%

Sole

0.00

Shared

0.00

None

78.33K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	RUS TP200 GR ETF	441.66K	SH	$120.92M 16.62%	441.66K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	1.93M	SH	$52.84M 7.27%	1.93M
ISHARES TRSOLE	MRGSTR MD CP GRW	412.46K	SH	$34.14M 4.69%	412.46K
SELECT SECTOR SPDR TRSOLE	TECHNOLOGY	108.42K	SH	$30.57M 4.20%	108.42K
FIRST TR EXCHANGE-TRADED FDSOLE	SHS	559.08K	SH	$25.87M 3.56%	559.08K
FIDELITY COVINGTON TRUSTSOLE	HIGH DIVID ETF	457.39K	SH	$25.50M 3.51%	457.39K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	37.52K	SH	$22.98M 3.16%	37.52K
ISHARES TRSOLE	MSCI INTL VLU FT	574.39K	SH	$20.40M 2.81%	574.39K
MORGAN STANLEY ETF TRUSTSOLE	EATON VANCE TOTA	370.19K	SH	$19.07M 2.62%	370.19K
NVIDIA CORPORATIONSOLE	COM	85.36K	SH	$15.93M 2.19%	85.36K
ISHARES TRSOLE	CORE S&P SCP ETF	132.80K	SH	$15.80M 2.17%	132.80K
APPLE INCSOLE	COM	56.56K	SH	$14.40M 1.98%	56.56K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	65.59K	SH	$13.70M 1.88%	65.59K
PIMCO ETF TRSOLE	MULTISECTOR BD	486.80K	SH	$13.09M 1.80%	486.80K
SPDR SERIES TRUSTSOLE	S&P 600 SMCP GRW	136.55K	SH	$12.88M 1.77%	136.55K
FIDELITY MERRIMACK STR TRSOLE	TOTAL BD ETF	275.83K	SH	$12.77M 1.76%	275.83K
SPDR SERIES TRUSTSOLE	BLOOMBERG 1-3 MO	126.54K	SH	$11.67M 1.60%	126.54K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	92.93K	SH	$9.21M 1.27%	92.93K
MICROSOFT CORPSOLE	COM	14.60K	SH	$7.56M 1.04%	14.60K
AMPLIFY ETF TRSOLE	CWP ENHANCED DIV	144.16K	SH	$6.43M 0.88%	144.16K
TESLA INCSOLE	COM	13.87K	SH	$6.13M 0.84%	13.87K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	115.51K	SH	$5.41M 0.74%	115.51K
AMAZON COM INCSOLE	COM	22.65K	SH	$4.91M 0.67%	22.65K
FEDERATED HERMES ETF TRUSTSOLE	MDT LARGE CAP	151.53K	SH	$4.86M 0.67%	151.53K
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	78.33K	SH	$4.71M 0.65%	78.33K

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