VICTORY CAPITAL MANAGEMENT INC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| AMAZON COM INC | 19,277,047 | 24,448,590 | +5,171,543 | 4,275,303,230 | 5,643,235,415 | +1,367,932,185 |
| ELI LILLY & CO | 0 | 2,683,391 | +2,683,391 | 0 | 2,883,848,188 | +2,883,848,188 |
| ALPHABET INC | 10,845,653 | 12,585,134 | +1,739,481 | 2,625,562,274 | 3,939,148,440 | +1,313,586,166 |
| APPLE INC | 19,484,972 | 22,254,786 | +2,769,814 | 4,796,409,925 | 6,050,200,023 | +1,253,790,098 |
| NVIDIA CORPORATION | 0 | 39,067,050 | +39,067,050 | 0 | 7,286,015,195 | +7,286,015,195 |
| BANK AMERICA CORP | 16,607,775 | 31,923,927 | +15,316,152 | 856,270,564 | 1,755,816,026 | +899,545,462 |
| VISA INC | 0 | 6,508,089 | +6,508,089 | 0 | 2,282,471,636 | +2,282,471,636 |
| NRG ENERGY INC | 0 | 7,676,513 | +7,676,513 | 0 | 1,222,409,011 | +1,222,409,011 |
| VERTEX PHARMACEUTICALS INC | 0 | 3,356,766 | +3,356,766 | 0 | 1,521,850,963 | +1,521,850,963 |
| UNITED PARCEL SERVICE INC | 0 | 13,818,314 | +13,818,314 | 0 | 1,370,639,142 | +1,370,639,142 |
| CONSTELLATION ENERGY CORP | 0 | 2,170,936 | +2,170,936 | 0 | 766,928,863 | +766,928,863 |
| LABCORP HOLDINGS INC | 0 | 5,356,825 | +5,356,825 | 0 | 1,343,921,915 | +1,343,921,915 |
| MARTIN MARIETTA MATLS INC | 0 | 2,448,928 | +2,448,928 | 0 | 1,524,853,403 | +1,524,853,403 |
| MICROSOFT CORP | 0 | 13,047,023 | +13,047,023 | 0 | 6,309,825,717 | +6,309,825,717 |
| CME GROUP INC | 0 | 2,049,649 | +2,049,649 | 0 | 559,719,953 | +559,719,953 |
| BJS WHSL CLUB HLDGS INC | 0 | 12,930,288 | +12,930,288 | 0 | 1,164,114,401 | +1,164,114,401 |
| EQUITY LIFESTYLE PPTYS INC | 0 | 6,661,686 | +6,661,686 | 0 | 403,764,789 | +403,764,789 |
| IQVIA HLDGS INC | 0 | 1,675,479 | +1,675,479 | 0 | 377,669,722 | +377,669,722 |
| LAMAR ADVERTISING CO NEW | 0 | 3,131,989 | +3,131,989 | 0 | 396,447,168 | +396,447,168 |
| MASTEC INC | 0 | 2,637,451 | +2,637,451 | 0 | 573,304,252 | +573,304,252 |
| CISCO SYS INC | 0 | 21,102,912 | +21,102,912 | 0 | 1,625,557,742 | +1,625,557,742 |
| NNN REIT INC | 0 | 9,494,190 | +9,494,190 | 0 | 376,254,750 | +376,254,750 |
| FREEPORT-MCMORAN INC | 0 | 17,366,596 | +17,366,596 | 0 | 882,049,690 | +882,049,690 |
| TAIWAN SEMICONDUCTOR MFG LTD | 0 | 1,327,921 | +1,327,921 | 0 | 403,543,700 | +403,543,700 |
| QUANTA SVCS INC | 0 | 2,915,440 | +2,915,440 | 0 | 1,230,493,206 | +1,230,493,206 |
| INTERNATIONAL BUSINESS MACHS | 3,627,939 | 4,582,818 | +954,879 | 1,020,913,909 | 1,357,478,084 | +336,564,175 |
| CAMDEN PPTY TR | 0 | 3,187,532 | +3,187,532 | 0 | 350,883,626 | +350,883,626 |
| ALPHABET INC | 7,199,593 | 6,521,467 | -678,126 | 1,758,453,709 | 2,046,452,106 | +287,998,397 |
| ARCHER DANIELS MIDLAND CO | 600,480 | 5,592,030 | +4,991,550 | 35,872,675 | 321,485,805 | +285,613,130 |
| APOLLO GLOBAL MGMT INC | 3,452,906 | 5,089,631 | +1,636,725 | 459,864,831 | 736,775,949 | +276,911,118 |
| TOPBUILD CORP | 0 | 777,666 | +777,666 | 0 | 324,434,479 | +324,434,479 |
| SYNOPSYS INC | 0 | 2,730,643 | +2,730,643 | 0 | 1,282,666,194 | +1,282,666,194 |
| REGIONS FINANCIAL CORP NEW | 0 | 22,836,163 | +22,836,163 | 0 | 618,860,016 | +618,860,016 |
| BRISTOL-MYERS SQUIBB CO | 0 | 8,204,416 | +8,204,416 | 0 | 442,546,204 | +442,546,204 |
| INTUITIVE SURGICAL INC | 1,952,034 | 1,494,576 | -457,458 | 582,106,517 | 840,566,873 | +258,460,356 |
| APPLIED MATLS INC | 2,683,635 | 3,099,085 | +415,450 | 549,167,808 | 796,435,432 | +247,267,624 |
| EXPAND ENERGY CORPORATION | 0 | 3,286,361 | +3,286,361 | 0 | 362,682,799 | +362,682,799 |
| REGAL REXNORD CORPORATION | 0 | 5,658,365 | +5,658,365 | 0 | 793,982,678 | +793,982,678 |
| US BANCORP DEL | 0 | 9,480,254 | +9,480,254 | 0 | 505,866,381 | +505,866,381 |
| TRUIST FINL CORP | 0 | 31,964,393 | +31,964,393 | 0 | 1,572,968,045 | +1,572,968,045 |
| EMCOR GROUP INC | 0 | 1,276,966 | +1,276,966 | 0 | 781,239,176 | +781,239,176 |
| CARDINAL HEALTH INC | 0 | 2,698,189 | +2,698,189 | 0 | 554,477,840 | +554,477,840 |
| ADOBE INC | 1,341,410 | 1,916,802 | +575,392 | 469,467,380 | 670,861,824 | +201,394,444 |
| WILLIAMS COS INC | 0 | 4,446,915 | +4,446,915 | 0 | 268,722,808 | +268,722,808 |
| AMGEN INC | 661,514 | 1,137,313 | +475,799 | 186,679,251 | 372,253,918 | +185,574,667 |
| AMPHENOL CORP NEW | 7,346,876 | 8,462,907 | +1,116,031 | 963,112,761 | 1,143,683,599 | +180,570,838 |
| NEWMONT CORP | 0 | 5,746,707 | +5,746,707 | 0 | 573,808,767 | +573,808,767 |
| CARNIVAL CORP | 0 | 5,132,270 | +5,132,270 | 0 | 156,739,526 | +156,739,526 |
| KLA CORP | 0 | 558,600 | +558,600 | 0 | 678,751,692 | +678,751,692 |
| WELLS FARGO CO NEW | 0 | 4,416,260 | +4,416,260 | 0 | 411,595,481 | +411,595,481 |
| PEPSICO INC | 0 | 3,547,303 | +3,547,303 | 0 | 509,109,006 | +509,109,006 |
| CITIZENS FINL GROUP INC | 0 | 4,731,592 | +4,731,592 | 0 | 276,372,330 | +276,372,330 |
| CHARLES RIV LABS INTL INC | 0 | 691,474 | +691,474 | 0 | 137,935,234 | +137,935,234 |
| AMERICAN ELEC PWR CO INC | 5,379,342 | 6,316,688 | +937,346 | 595,242,925 | 728,378,055 | +133,135,130 |
| TJX COS INC NEW | 0 | 5,031,485 | +5,031,485 | 0 | 772,892,734 | +772,892,734 |
| ROSS STORES INC | 0 | 3,028,237 | +3,028,237 | 0 | 545,516,095 | +545,516,095 |
| THERMO FISHER SCIENTIFIC INC | 0 | 775,407 | +775,407 | 0 | 449,337,753 | +449,337,753 |
| BARRICK MNG CORP | 0 | 5,321,482 | +5,321,482 | 0 | 286,951,763 | +286,951,763 |
| PROLOGIS INC. | 0 | 862,498 | +862,498 | 0 | 110,106,534 | +110,106,534 |
| MERCK & CO INC | 0 | 4,808,527 | +4,808,527 | 0 | 506,145,553 | +506,145,553 |
| INTERCONTINENTAL EXCHANGE IN | 2,788,241 | 3,602,921 | +814,680 | 475,046,109 | 583,536,769 | +108,490,660 |
| SIMON PPTY GROUP INC NEW | 0 | 573,008 | +573,008 | 0 | 106,069,510 | +106,069,510 |
| VICTORY PORTFOLIOS II | 0 | 20,358,908 | +20,358,908 | 0 | 447,895,976 | +447,895,976 |
| MICRON TECHNOLOGY INC | 0 | 835,437 | +835,437 | 0 | 238,442,074 | +238,442,074 |
| UNITED RENTALS INC | 0 | 231,018 | +231,018 | 0 | 186,967,487 | +186,967,487 |
| FOUR CORNERS PPTY TR INC | 0 | 4,251,112 | +4,251,112 | 0 | 98,030,643 | +98,030,643 |
| FTI CONSULTING INC | 0 | 1,634,051 | +1,634,051 | 0 | 279,144,933 | +279,144,933 |
| THE CIGNA GROUP | 0 | 1,348,713 | +1,348,713 | 0 | 371,206,465 | +371,206,465 |
| STANDARDAERO INC | 0 | 5,040,723 | +5,040,723 | 0 | 144,567,936 | +144,567,936 |
| DEVON ENERGY CORP NEW | 0 | 13,916,979 | +13,916,979 | 0 | 509,778,941 | +509,778,941 |
| COGNIZANT TECHNOLOGY SOLUTIO | 0 | 2,006,635 | +2,006,635 | 0 | 166,550,705 | +166,550,705 |
| HUMANA INC | 91,460 | 434,043 | +342,583 | 23,795,149 | 111,171,434 | +87,376,285 |
| PACKAGING CORP AMER | 0 | 2,309,412 | +2,309,412 | 0 | 476,270,037 | +476,270,037 |
| MUELLER INDS INC | 0 | 1,176,026 | +1,176,026 | 0 | 135,007,785 | +135,007,785 |
| VALERO ENERGY CORP | 0 | 1,696,811 | +1,696,811 | 0 | 276,223,863 | +276,223,863 |
| WILLIAMS SONOMA INC | 0 | 1,117,119 | +1,117,119 | 0 | 199,506,282 | +199,506,282 |
| AUTOZONE INC | 51,803 | 89,715 | +37,912 | 222,247,302 | 304,268,424 | +82,021,122 |
| LAUDER ESTEE COS INC | 0 | 2,726,234 | +2,726,234 | 0 | 285,491,224 | +285,491,224 |
| WELLTOWER INC | 0 | 429,875 | +429,875 | 0 | 79,789,099 | +79,789,099 |
| PFIZER INC | 0 | 19,796,365 | +19,796,365 | 0 | 492,929,488 | +492,929,488 |
| GOLDMAN SACHS GROUP INC | 0 | 874,254 | +874,254 | 0 | 768,474,785 | +768,474,785 |
| VICTORY PORTFOLIOS II | 0 | 6,198,468 | +6,198,468 | 0 | 171,274,208 | +171,274,208 |
| AGNC INVT CORP | 0 | 7,112,698 | +7,112,698 | 0 | 76,248,123 | +76,248,123 |
| APPLE HOSPITALITY REIT INC | 0 | 6,172,633 | +6,172,633 | 0 | 73,145,701 | +73,145,701 |
| MARATHON PETE CORP | 0 | 1,055,897 | +1,055,897 | 0 | 171,720,529 | +171,720,529 |
| CUSHMAN AND WAKEFIELD LTD | 0 | 4,459,659 | +4,459,659 | 0 | 72,201,879 | +72,201,879 |
| RYMAN HOSPITALITY PPTYS INC | 0 | 751,949 | +751,949 | 0 | 71,149,414 | +71,149,414 |
| FORMFACTOR INC | 0 | 1,256,545 | +1,256,545 | 0 | 70,090,080 | +70,090,080 |
| DARDEN RESTAURANTS INC | 0 | 582,585 | +582,585 | 0 | 107,207,291 | +107,207,291 |
| JPMORGAN CHASE & CO. | 2,361,837 | 2,527,003 | +165,166 | 744,994,168 | 814,251,033 | +69,256,865 |
| COTERRA ENERGY INC | 0 | 21,986,795 | +21,986,795 | 0 | 578,692,462 | +578,692,462 |
| NUTANIX INC | 0 | 1,601,351 | +1,601,351 | 0 | 82,773,833 | +82,773,833 |
| UNITED THERAPEUTICS CORP DEL | 0 | 228,383 | +228,383 | 0 | 111,279,617 | +111,279,617 |
| SIMPSON MFG INC | 0 | 397,947 | +397,947 | 0 | 64,256,502 | +64,256,502 |
| CALIFORNIA RES CORP | 0 | 2,344,493 | +2,344,493 | 0 | 104,822,282 | +104,822,282 |
| GXO LOGISTICS INCORPORATED | 0 | 1,191,218 | +1,191,218 | 0 | 62,705,715 | +62,705,715 |
| INSMED INC | 354,907 | 646,714 | +291,807 | 51,110,157 | 112,554,105 | +61,443,948 |
| MOLINA HEALTHCARE INC | 0 | 1,410,604 | +1,410,604 | 0 | 244,796,218 | +244,796,218 |
| STEEL DYNAMICS INC | 0 | 2,131,392 | +2,131,392 | 0 | 361,164,374 | +361,164,374 |
| COMMERCE BANCSHARES INC | 0 | 1,145,683 | +1,145,683 | 0 | 59,965,051 | +59,965,051 |