VICTORY FINANCIAL GROUP, LLC

Portfolio Overview

VICTORY FINANCIAL GROUP, LLC disclosed 399 positions worth $952.9M in its Form 13F-HR for Q2 2026 — $951.8M in common stock plus $1.1M of put/call option positions (reported at underlying notional value, not premium at risk). During the quarter the fund opened 81 new positions and exited 28. The portfolio is most concentrated in Other (75.5% of disclosed assets). All figures are sourced directly from VICTORY FINANCIAL GROUP, LLC’s Form 13F-HR filing with the SEC under CIK 2011333.

• ISHARES TR - RUS TP200 GR ETF

  —

  Quality

  $131.7M453,284 sh

• SCHWAB STRATEGIC TR - US DIVIDEND EQ

  —

  Quality

  $48.0M1,514,996 sh

• ISHARES TR - MRGSTR MD CP GRW

  —

  Quality

  $42.4M430,919 sh

• SELECT SECTOR SPDR TR - ST STR TECHN ETF

  —

  Quality

  $38.7M203,068 sh

• FIDELITY COVINGTON TRUST - HIGH DIVID ETF

  —

  Quality

  $38.6M640,420 sh

• VANGUARD INDEX FDS - S&P 500 ETF SHS

  —

  Quality

  $31.2M45,399 sh

• ISHARES TR - MSCI INTL VLU FT

  —

  Quality

  $23.8M569,773 sh

• ISHARES TR - CORE S&P SCP ETF

  —

  Quality

  $22.9M154,150 sh
• 

  NVIDIA CORP

  $NVDA

  85.9

  Quality

  $22.5M112,391 sh

• PIMCO ETF TR - MULTISECTOR BD

  —

  Quality

  $20.1M758,272 sh

Company	Quality	Value	Shares
ISHARES TR - RUS TP200 GR ETF	—	$131.7M	453,284
SCHWAB STRATEGIC TR - US DIVIDEND EQ	—	$48.0M	1,514,996
ISHARES TR - MRGSTR MD CP GRW	—	$42.4M	430,919
SELECT SECTOR SPDR TR - ST STR TECHN ETF	—	$38.7M	203,068
FIDELITY COVINGTON TRUST - HIGH DIVID ETF	—	$38.6M	640,420
VANGUARD INDEX FDS - S&P 500 ETF SHS	—	$31.2M	45,399
ISHARES TR - MSCI INTL VLU FT	—	$23.8M	569,773
ISHARES TR - CORE S&P SCP ETF	—	$22.9M	154,150
NVIDIA CORP$NVDA	85.9	$22.5M	112,391
PIMCO ETF TR - MULTISECTOR BD	—	$20.1M	758,272

Showing top 10 of 399 holdings.

Top Holdings — VICTORY FINANCIAL GROUP, LLC (Q2 2026)

Top 150 of 399 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	ISHARES TR - RUS TP200 GR ETF	$131.7M	13.8%	-2%	—
2	—	SCHWAB STRATEGIC TR - US DIVIDEND EQ	$48.0M	5.0%	-1%	—
3	—	ISHARES TR - MRGSTR MD CP GRW	$42.4M	4.5%	-0%	—
4	—	SELECT SECTOR SPDR TR - ST STR TECHN ETF	$38.7M	4.1%	+13%	—
5	—	FIDELITY COVINGTON TRUST - HIGH DIVID ETF	$38.6M	4.1%	+17%	—
6	—	VANGUARD INDEX FDS - S&P 500 ETF SHS	$31.2M	3.3%	+2%	—
7	—	ISHARES TR - MSCI INTL VLU FT	$23.8M	2.5%	-9%	—
8	—	ISHARES TR - CORE S&P SCP ETF	$22.9M	2.4%	-1%	—
9	$NVDA	NVIDIA CORP	$22.5M	2.4%	+5%	85.9
10	—	PIMCO ETF TR - MULTISECTOR BD	$20.1M	2.1%	-6%	—
11	—	SPDR SERIES TRUST - ST STR SP600GRWO	$19.7M	2.1%	+1%	—
12	—	BONDBLOXX ETF TRUST - BLOOMBERG ONE YR	$19.2M	2.0%	NEW	—
13	$AAPL	Apple Inc.	$16.2M	1.7%	-2%	76.4
14	—	VANGUARD INDEX FDS - SM CP VAL ETF	$16.0M	1.7%	+0%	—
15	—	SPDR INDEX SHS FDS - ST PORT MARK ETF	$13.7M	1.4%	+20%	—
16	—	SPDR SERIES TRUST - ST STR BLO 1 ETF	$11.6M	1.2%	-10%	—
17	—	FIRST TR EXCHANGE-TRADED FD - SHS	$8.3M	0.9%	-16%	—
18	$GOOG	Alphabet Inc.	$7.7M	0.8%	+4%	78.2
19	$QQQ	INVESCO QQQ TRUST, SERIES 1	$7.3M	0.8%	-2%	—
20	$MSFT	MICROSOFT CORP	$7.0M	0.7%	+3%	79.8
21	$AMZN	AMAZON COM INC	$7.0M	0.7%	+2%	68.7
22	$TSLA	Tesla, Inc.	$6.9M	0.7%	+7%	53.9
23	$AVGO	Broadcom Inc.	$6.8M	0.7%	+5%	84.5
24	—	J P MORGAN EXCHANGE TRADED F - ACTIVE BOND ETF	$6.6M	0.7%	+24%	—
25	—	FIDELITY MERRIMACK STR TR - TOTAL BD ETF	$6.6M	0.7%	-40%	—
26	—	MORGAN STANLEY ETF TRUST - EATO VANC BD ETF	$6.5M	0.7%	-61%	—
27	—	AMERICAN CENTY ETF TR - INTL SMCP VLU	$5.8M	0.6%	+4%	—
28	—	CAPITAL GROUP DIVIDEND VALUE - SHS CREAT UNIT	$5.7M	0.6%	+9%	—
29	—	AMPLIFY ETF TR - CWP ENHANCED DIV	$5.2M	0.6%	+2%	—
30	—	SELECT SECTOR SPDR TR - ST STR INDL ETF	$5.2M	0.5%	-4%	—
31	—	SPDR SERIES TRUST - ST STR P500GRW	$4.8M	0.5%	+8%	—
32	$META	Meta Platforms, Inc.	$4.4M	0.5%	+3%	79.6
33	—	ISHARES TR - ISHARES SEMICDTR	$4.4M	0.5%	NEW	—
34	$MU	MICRON TECHNOLOGY INC	$4.3M	0.5%	+24%	86.2
35	—	VANGUARD WHITEHALL FDS - HIGH DIV YLD	$4.2M	0.4%	-5%	—
36	$LLY	ELI LILLY & Co	$3.9M	0.4%	+8%	87.5
37	—	FIRST TR EXCH TRADED FD III - INSTL PFD SECS	$3.9M	0.4%	+9%	—
38	$GOOGL	Alphabet Inc.	$3.9M	0.4%	+9%	78.2
39	—	AMERICAN CENTY ETF TR - DIVERSIFID CRP	$3.9M	0.4%	+20%	—
40	—	ISHARES TR - S&P SML 600 GWT	$3.8M	0.4%	+0%	—
41	—	SELECT SECTOR SPDR TR - ST STR MATER ETF	$3.8M	0.4%	+1677%	—
42	—	PUTNAM ETF TRUST - FOCUSED LAR CAP	$3.6M	0.4%	+21%	—
43	—	SIMPLIFY EXCHANGE TRADED FUN - HEDGED EQUITY	$3.6M	0.4%	-2%	—
44	$AMD	ADVANCED MICRO DEVICES INC	$3.5M	0.4%	+1%	79.8
45	—	VANGUARD INDEX FDS - TOTAL STK MKT	$3.5M	0.4%	-11%	—
46	—	VANGUARD SCOTTSDALE FDS - LG-TERM COR BD	$3.4M	0.3%	-10%	—
47	$TSM	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	$3.2M	0.3%	+7%	—
48	—	ARK ETF TR - NEXT GNRTN INTER	$3.2M	0.3%	-3%	—
49	—	FIRST TR EXCHANGE-TRADED FD - NASDAQ CYB ETF	$3.2M	0.3%	NEW	—
50	—	VANECK ETF TRUST - MRNGSTR WDE MOAT	$3.1M	0.3%	-15%	—
51	—	VANGUARD BD INDEX FDS - TOTAL BND MRKT	$3.0M	0.3%	+27%	—
52	—	ISHARES TR - CORE MSCI TOTAL	$3.0M	0.3%	+11%	—
53	$BRK.B	BERKSHIRE HATHAWAY INC	$2.9M	0.3%	+12%	73.8
54	—	VANGUARD INDEX FDS - MCAP GR IDXVIP	$2.9M	0.3%	-2%	—
55	—	ISHARES TR - 0-5 YR TIPS ETF	$2.9M	0.3%	+20%	—
56	$POWL	POWELL INDUSTRIES INC	$2.8M	0.3%	+200%	69.8
57	—	MFS ACTIVE EXCHANGE TRADED F - INTERNATINL ETF	$2.8M	0.3%	-1%	—
58	—	ISHARES INC - CORE MSCI EMKT	$2.7M	0.3%	-2%	—
59	$MDY	SPDR S&P MIDCAP 400 ETF TRUST	$2.7M	0.3%	-9%	—
60	—	VANGUARD WELLINGTON FD - US MULTIFACTOR	$2.7M	0.3%	-1%	—
61	—	VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT	$2.7M	0.3%	+8%	—
62	$IVZ	Invesco Ltd.	$2.6M	0.3%	-3%	—
63	—	ISHARES TR - INTL SEL DIV ETF	$2.6M	0.3%	+107%	—
64	$CRWD	CrowdStrike Holdings, Inc.	$2.6M	0.3%	+16%	67.7
65	$GS	GOLDMAN SACHS GROUP INC	$2.6M	0.3%	+3%	73.5
66	$TXN	TEXAS INSTRUMENTS INC	$2.5M	0.3%	+1%	73.4
67	—	SCHWAB STRATEGIC TR - INTL EQTY ETF	$2.5M	0.3%	+69%	—
68	—	VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF	$2.5M	0.3%	+8%	—
69	—	NORTHERN LTS FD TR IV - MAIN SECTR ROTN	$2.5M	0.3%	+172%	—
70	$CAT	CATERPILLAR INC	$2.3M	0.2%	+6%	66.5
71	$ABBV	AbbVie Inc.	$2.2M	0.2%	+3%	72.6
72	$GLD	SPDR GOLD TRUST	$2.2M	0.2%	+9%	—
73	—	GLOBAL X FDS - ARTIFICIAL ETF	$2.2M	0.2%	+15%	—
74	—	ISHARES TR - MSCI USA QLT FCT	$2.2M	0.2%	-7%	—
75	$SPY	SPDR S&P 500 ETF TRUST	$2.2M	0.2%	-8%	—
76	—	VANGUARD INDEX FDS - MID CAP ETF	$2.2M	0.2%	+266%	—
77	$COST	COSTCO WHOLESALE CORP /NEW	$2.1M	0.2%	-2%	66.2
78	—	STATE STR SPDR DOW JONES IND - UT SER 1	$2.0M	0.2%	NEW	—
79	—	J P MORGAN EXCHANGE TRADED F - ACTIVE GROWTH	$2.0M	0.2%	+523%	—
80	$LRCX	LAM RESEARCH CORP	$2.0M	0.2%	+4%	79.4
81	$HD	HOME DEPOT, INC.	$2.0M	0.2%	-13%	60.3
82	—	ISHARES TR - U.S. TECH ETF	$2.0M	0.2%	+12%	—
83	—	VANGUARD SCOTTSDALE FDS - VNG RUS1000GRW	$1.9M	0.2%	-1%	—
84	—	TOUCHSTONE ETF TRUST - STRAT INCOM ETF	$1.9M	0.2%	+8%	—
85	—	VANGUARD INDEX FDS - MCAP VL IDXVIP	$1.9M	0.2%	-1%	—
86	$PM	Philip Morris International Inc.	$1.9M	0.2%	+3%	75.9
87	$JNJ	JOHNSON & JOHNSON	$1.9M	0.2%	+22%	69
88	—	VANGUARD INDEX FDS - VALUE ETF	$1.9M	0.2%	-6%	—
89	$PANW	Palo Alto Networks Inc	$1.8M	0.2%	-4%	65.5
90	$GEV	GE Vernova Inc.	$1.8M	0.2%	+62%	81.1
91	—	PGIM ROCK ETF TR - LADDE S&P 12 ETF	$1.8M	0.2%	-12%	—
92	$PLTR	Palantir Technologies Inc.	$1.8M	0.2%	+23%	84.6
93	—	ISHARES TR - RUSSELL 2000 ETF	$1.8M	0.2%	+7%	—
94	—	SPDR SERIES TRUST - ST STR BL 12 ETF	$1.8M	0.2%	-7%	—
95	—	ISHARES TR - CORE S&P US GWT	$1.7M	0.2%	+3%	—
96	$WMT	Walmart Inc.	$1.7M	0.2%	-13%	60.2
97	$JPM	JPMORGAN CHASE & CO	$1.7M	0.2%	+15%	70.7
98	$PCAR	PACCAR INC	$1.7M	0.2%	NEW	56.5
99	—	ISHARES TR - CORE S&P500 ETF	$1.6M	0.2%	+58%	—
100	—	AMERICAN CENTY ETF TR - US SML CP VALU	$1.6M	0.2%	+11%	—
101	—	ISHARES TR - RUS MD CP GR ETF	$1.6M	0.2%	+16%	—
102	$TEM	Tempus AI, Inc.	$1.6M	0.2%	+23%	41.2
103	—	ISHARES TR - 0-3 MTH TREASURY	$1.6M	0.2%	-5%	—
104	$V	VISA INC.	$1.5M	0.2%	-15%	82.9
105	—	FLEXSHARES TR - US QUALITY CAP	$1.5M	0.2%	+32%	—
106	—	VANECK ETF TRUST - SEMICONDUCTR ETF	$1.5M	0.1%	-11%	—
107	$MTG	MGIC INVESTMENT CORP	$1.5M	0.1%	+12%	56.6
108	$GS	GOLDMAN SACHS GROUP INC	$1.5M	0.1%	-4%	73.5
109	$KDP	Keurig Dr Pepper Inc.	$1.5M	0.1%	+13%	64.6
110	$XOM.R34088	EXXON MOBIL CORP	$1.4M	0.1%	+2%	57.9
111	—	FIRST TR EXCHANGE TRADED FD - RISNG DIVD ACHIV	$1.4M	0.1%	-4%	—
112	—	PGIM ETF TR - ACTV HY BD ETF	$1.4M	0.1%	-15%	—
113	$GLW	CORNING INC /NY	$1.4M	0.1%	+142%	73.7
114	$MPC	Marathon Petroleum Corp	$1.3M	0.1%	-8%	61
115	$CRWV	CoreWeave, Inc.	$1.3M	0.1%	NEW	52.2
116	—	DIMENSIONAL ETF TRUST - US COR EQU 2 ETF	$1.3M	0.1%	+0%	—
117	—	VANGUARD INDEX FDS - SMALL CP ETF	$1.3M	0.1%	+49%	—
118	—	FLEXSHARES TR - MORNSTAR USMKT	$1.3M	0.1%	+27%	—
119	$INTC	INTEL CORP	$1.3M	0.1%	+70%	45.6
120	—	SCHWAB STRATEGIC TR - US LRG CAP ETF	$1.2M	0.1%	+2%	—
121	$RKT	Rocket Companies, Inc.	$1.2M	0.1%	+272%	74.2
122	$AEP	AMERICAN ELECTRIC POWER CO INC	$1.2M	0.1%	+11%	66.8
123	$EPD	ENTERPRISE PRODUCTS PARTNERS L.P.	$1.2M	0.1%	-3%	61.4
124	—	ISHARES TR - MSCI EAFE ETF	$1.2M	0.1%	-13%	—
125	—	DIMENSIONAL ETF TRUST - INTL CORE EQT MK	$1.2M	0.1%	+69%	—
126	$CSCO	CISCO SYSTEMS, INC.	$1.2M	0.1%	+33%	70.3
127	—	BONDBLOXX ETF TRUST - IR M TAXAWARE	$1.2M	0.1%	-27%	—
128	$HOOD	Robinhood Markets, Inc.	$1.2M	0.1%	+17%	82.1
129	$TPR	TAPESTRY, INC.	$1.1M	0.1%	+5%	72.7
130	—	AB ACTIVE ETFS INC - HIGH YIELD ETF	$1.1M	0.1%	+15%	—
131	—	FLEXSHARES TR - M STAR DEV MKT	$1.1M	0.1%	+28%	—
132	$CME	CME GROUP INC.	$1.1M	0.1%	+15%	69.5
133	—	SELECT SECTOR SPDR TR - ST STR CARE ETF	$1.0M	0.1%	-74%	—
134	$SPCX	SPACE EXPLORATION TECHNOLOGIES CORP	$1.0M	0.1%	NEW	—
135	$CVX	CHEVRON CORP	$1.0M	0.1%	-6%	62.8
136	$UNH	UNITEDHEALTH GROUP INC	$997,092	0.1%	-30%	62.7
137	—	ISHARES TR - RUS 1000 GRW ETF	$990,079	0.1%	+290%	—
138	$ORCL	ORACLE CORP	$971,298	0.1%	-28%	67.9
139	—	ISHARES TR - CORE MSCI EAFE	$967,799	0.1%	-16%	—
140	$WFC	WELLS FARGO & COMPANY/MN	$952,625	0.1%	-28%	61.8
141	$AMAT	APPLIED MATERIALS INC /DE	$946,407	0.1%	+38%	72.3
142	$RGTI	Rigetti Computing, Inc.	$945,888	0.1%	NEW	14.3
143	$GE	GENERAL ELECTRIC CO	$934,805	0.1%	+9%	73.8
144	—	VANGUARD INDEX FDS - GROWTH ETF	$924,421	0.1%	+440%	—
145	—	VANGUARD ADMIRAL FDS INC - 500 GRTH IDX F	$919,165	0.1%	NEW	—
146	—	BONDBLOXX ETF TRUST - CCC RT USD HI YL	$899,609	0.1%	-1%	—
147	—	ISHARES TR - RUS TP200 VL ETF	$894,516	0.1%	+4%	—
148	$LAMR	LAMAR ADVERTISING CO/NEW	$886,122	0.1%	+10%	65.4
149	$KO	COCA COLA CO	$880,633	0.1%	+38%	69.5
150	$NFLX	NETFLIX INC	$876,292	0.1%	-10%	78.8