What is the 13F Pro Quality Score for VCTR?

13F Pro ranks Victory Capital Holdings, Inc. (VCTR) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View VCTR's current score at https://13fpro.ai/company/VCTR (free sign-up required for the full ranking).

Which hedge funds own the most VCTR stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of VCTR include BlackRock,, BAHL & GAYNOR, Amundi. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/VCTR as soon as new 13F filings post.

Where does 13F Pro source VCTR data?

All Victory Capital Holdings, Inc. fundamentals and ownership data come directly from SEC EDGAR. Victory Capital Holdings, Inc. files with the SEC under CIK 1570827. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is VCTR in?

Victory Capital Holdings, Inc. (VCTR) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives VCTR's revenue?

Per Victory Capital Holdings, Inc.'s latest 10-Q filed with the SEC on 2026-08-06, the biggest revenue drivers are: Investment management fees ($362.2M, +28% YoY); Fund administration and distribution fees ($73.1M, +6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/VCTR.

What are VCTR's largest expenses?

Victory Capital Holdings, Inc.'s latest 10-Q reports these as the largest expense items: Personnel compensation and benefits ($125.5M, +15% YoY); Distribution and other asset-based expenses ($68.6M, +11% YoY); Depreciation and amortization ($20.6M, -6% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is VCTR research updated on 13F Pro?

VCTR's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Victory Capital Holdings, Inc.(VCTR)Stock Analysis

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13F Pro Quality Score

77.9/100

Rank #60 of 2,961 stocksTOP 5%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

89.8/100

Profitability

90.3/100

Balance Sheet

87.2/100

Earnings Quality

51.4/100

Free Cash Flow

88.7/100

Institutional Flow

58.5/100

Revenue Scale

58.7/100

Dilution Risk

45.2/100

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Why VCTR Scores 78/100

exact factor attribution · 2026-09-11

VCTR's composite is driven by revenue growth and profitability. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+10.6 pts

90th pct

Profitability

+8.1 pts

90th pct

Free cash flow

+5.8 pts

89th pct

Capital efficiency

+5.0 pts

87th pct

Earnings growth

+2.3 pts

84th pct

Scale

+1.7 pts

59th pct

Institutional flow

+0.6 pts

59th pct

Earnings quality

+0.1 pts

51th pct

Shareholder dilution

-0.3 pts

45th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

VCTR Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Victory Capital Holdings, Inc. (VCTR), a Financials sector company. 13F Pro's AI-powered ranking engine scores VCTR at 77.9/100 on a 32-signal composite quality model, placing it at rank #60 of 2,961 stocks — the top 5% of the AI-ranked universe. VCTR scores in the top quartile across profitability (90.3), revenue growth (89.8), free cash flow (88.7). Shareholder dilution risk is elevated at 45.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Victory Capital Holdings, Inc. reports quarterly revenue of $421.5M, net income of $139.4M, an operating margin of 46.0%. Top institutional holders of VCTR by reported 13-F value include BlackRock, BAHL & GAYNOR, Amundi, based on the most recent SEC filings. VCTR trades on the Nasdaq exchange and files with the SEC under CIK 1570827. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate VCTR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Victory Capital Holdings, Inc. directly from SEC EDGAR. Victory Capital Holdings, Inc.'s 13F Pro composite quality score has ranged between 59 and 79 since 2022, currently 77.9 — a stable long-term trajectory across 64 quarterly and live scoring snapshots.

✦

Fun facts about Victory Capital Holdings, Inc.

Quirks, history, and lore behind VCTR — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. financial services company · mid-cap · listed on Nasdaq · headquartered in Ohio.
2
The Numbers
It oversees roughly $170 billion in assets under management — not a giant, but not a rounding error either — and earns most of its revenue from investment management fees.
3
The History
Built largely through acquisitions, the firm assembled itself over years by snapping up boutique investment managers and stitching them together under one roof — a classic roll-up strategy in asset management.
4
The Secret
It operates a multi-boutique model, letting acquired investment teams keep their own styles and strategies rather than forcing everyone to follow one playbook — autonomy as a retention tool.
5
The Lore
The company has deep roots tied to KeyCorp, the Cleveland-based bank, which spun out an investment management business that eventually became the foundation of this firm.
6
The Giveaway
Its name literally promises a winning outcome, and its ticker — VCTR — makes sure you know it: this Cincinnati-based asset manager is nothing if not on-brand.

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What's Driving VCTR's Business? Latest 10-Q Breakdown

✓ 36/36 datapoints verified

AI-extracted from Victory Capital Holdings, Inc.'s 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Victory Capital's Q2 revenue surged 24% to $435.4M, driven by 28% growth in investment management fees from $79.9M increase, as AUM reached $342.5B.

Biggest Revenue Drivers

Investment management fees$362.2M+28% YoY

Increase in average AUM year over year to $331.3B from $285.0B

Fund administration and distribution fees$73.1M+6% YoY

Higher mutual fund average net assets

Biggest Revenue Drivers

Total revenue: $435.4M+24% YoY

Investment management fees$362.2M+28% YoY

Increase in average AUM year over year to $331.3B from $285.0B

Fund administration and distribution fees$73.1M+6% YoY

Higher mutual fund average net assets

Largest Expense Items

Personnel compensation and benefits$125.5M+15% YoY

Increase in incentive compensation and equity awards from higher operating results

Distribution and other asset-based expenses$68.6M+11% YoY

Higher broker-dealer and platform distribution fees from higher average AUM

Depreciation and amortization$20.6M-6% YoY

Decrease in depreciation related to information technology equipment

Margins: Net income surged 137% to $139.4M as operating income increased 106%. Adjusted EBITDA margin improved to 55.8% from 50.8% YoY, reflecting operating leverage from Pioneer Investments acquisition and lower acquisition-related costs.

Watch Items from the Filing

WestEnd contingent consideration reduced to $53.2M at June 30, 2026 from $87.6M at year-end; up to $80M more potentially payable annually for next 1.3 years.
AUM composition: U.S. assets represent 82% ($279.9B) of total, concentrated in retail channel at 37% of AUM and concentrated in large-cap equity.
Debt refinanced May 18, 2026: $977.6M term loan repriced to SOFR+175bps; $2.0M loss on debt extinguishment recorded; leverage ratio remains compliant.
Share buyback activity accelerated: $92.3M repurchased in Q2 ($218.7M YTD) under $500M program through Dec 2027; shares outstanding declined to 61.5M from 64.2M.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$421.5M

Net Income

Q2 2026

$139.4M

Free Cash Flow

Q2 2026

$134.2M

Operating Margin

Q2 2026

46.0%

ROIC

Q2 2026

23.2%

D/E Ratio

Q2 2026

0.41

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+46.2% YoY

$1.31BFY 2025

FY22 $854.8MFY23 $821.0MFY24 $893.5MFY25 $1.31B

Net Income

+14.3% YoY

$330.1MFY 2025

FY22 $275.5MFY23 $213.2MFY24 $288.9MFY25 $330.1M

Operating Income

+11.9% YoY

$478.4MFY 2025

FY22 $399.1MFY23 $328.5MFY24 $427.5MFY25 $478.4M

EPS (Diluted)

-6.8% YoY

$4.08FY 2025

FY22 $3.81FY23 $3.12FY24 $4.38FY25 $4.08

Total Assets

+66.7% YoY

$4.25BFY 2025

FY22 $2.54BFY23 $2.54BFY24 $2.55BFY25 $4.25B

Total Debt

+0.6% YoY

$970.0MFY 2025

FY22 $985.5MFY23 $989.3MFY24 $963.9MFY25 $970.0M

Op. Cash Flow

+13.4% YoY

$385.5MFY 2025

FY22 $335.2MFY23 $330.3MFY24 $340.0MFY25 $385.5M

Free Cash Flow

+12.6% YoY

$381.3MFY 2025

FY22 $330.0MFY23 $325.1MFY24 $338.7MFY25 $381.3M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.31B +46.2%	$893.5M +8.8%	$821.0M -4.0%	$854.8M -4.0%	$890.3M +14.8%	$775.4M
Net Income	$330.1M +14.3%	$288.9M +35.5%	$213.2M -22.6%	$275.5M -1.0%	$278.4M +31.0%	$212.5M
Operating Income	$478.4M +11.9%	$427.5M +30.2%	$328.5M -17.7%	$399.1M +6.8%	$373.8M +18.8%	$314.7M
EPS (Diluted)	$4.08 -6.8%	$4.38 +40.4%	$3.12 -18.1%	$3.81 +1.6%	$3.75 +30.2%	$2.88
Total Assets	$4.25B +66.7%	$2.55B +0.2%	$2.54B +0.1%	$2.54B -2.2%	$2.60B +50.1%	$1.73B
Total Debt	$970.0M +0.6%	$963.9M -2.6%	$989.3M +0.4%	$985.5M -12.6%	$1.13B +46.7%	$769.0M
Operating Cash Flow	$385.5M +13.4%	$340.0M +2.9%	$330.3M -1.5%	$335.2M -10.9%	$376.2M +50.1%	$250.6M
Free Cash Flow	$381.3M +12.6%	$338.7M +4.2%	$325.1M -1.5%	$330.0M -9.2%	$363.5M +49.9%	$242.6M

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Available Research

13F Pro tracks comprehensive data for Victory Capital Holdings, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of VCTR

BlackRock, Inc.
$585.2M6,961,189 sh
BAHL & GAYNOR INC
$255.9M3,044,278 sh
Amundi
$248.8M2,960,024 sh
VANGUARD CAPITAL MANAGEMENT LLC
$185.3M2,204,819 sh
Crestview Partners II GP, L.P.
$167.8M1,995,847 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$165.8M1,972,454 sh
Capital World Investors
$164.0M1,951,467 sh
DIMENSIONAL FUND ADVISORS LP
$159.1M1,893,368 sh
STATE STREET CORP
$158.9M1,890,321 sh
Van Berkom & Associates Inc.
$102.9M1,224,567 sh

Fund	Value	Shares
BlackRock, Inc.	$585.2M	6,961,189
BAHL & GAYNOR INC	$255.9M	3,044,278
Amundi	$248.8M	2,960,024
VANGUARD CAPITAL MANAGEMENT LLC	$185.3M	2,204,819
Crestview Partners II GP, L.P.	$167.8M	1,995,847
VANGUARD PORTFOLIO MANAGEMENT LLC	$165.8M	1,972,454
Capital World Investors	$164.0M	1,951,467
DIMENSIONAL FUND ADVISORS LP	$159.1M	1,893,368
STATE STREET CORP	$158.9M	1,890,321
Van Berkom & Associates Inc.	$102.9M	1,224,567

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Is VCTR a good stock to buy?

13F Pro's AI-powered analysis of Victory Capital Holdings, Inc. (VCTR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for VCTR are available on the VCTR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. VCTR is classified as a mid company.

Which hedge funds own VCTR?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling VCTR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Victory Capital Holdings, Inc.'s investment landscape.