Victory Cap Holdings Inc Cl A

CUSIP: 92645b103 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Institution	Shares	Value ($000)
BAHL & GAYNOR INC	2,069,325	$130,554
Aurora Investment Counsel	42,623	$2,689
Total (2 institutions)	2,111,948	$133,243