VICTORY PORTFOLIOS II

Ticker: UIVM CUSIP: 92647N550 Class: VCTRYSHS INTL MO

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (5)

StoneX Group Inc.
Value ($000) $5,952 Shares 92,238
IFP Advisors, Inc
Value ($000) $379 Shares 5,873
Sigma Planning Corp
Value ($000) $288 Shares 4,431
LPL Financial LLC
Value ($000) $213 Shares 3,296
JPMORGAN CHASE & CO
Value ($000) $16 Shares 243

Increased Positions (6)

Empirical Asset Management, LLC
Value ($000) $1,487 (+66.5%) Shares 23,037 (+57.6%)
Financial Enhancement Group LLC
Value ($000) $1,486 (+12.4%) Shares 22,122 (+2.1%)
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
Value ($000) $1,353 (+62.9%) Shares 20,974 (+54.2%)
CITADEL ADVISORS LLC
Value ($000) $1,510 (+42.9%) Shares 23,407 (+35.3%)
JANE STREET GROUP, LLC
Value ($000) $325 (+44.3%) Shares 5,035 (+36.6%)
BANK OF AMERICA CORP /DE/
Value ($000) $113 (+71.3%) Shares 1,745 (+62.2%)

Decreased Positions (4)

VICTORY CAPITAL MANAGEMENT INC
Value ($000) $242,149 (+3.0%) Shares 3,752,437 (-2.5%)
World Investment Advisors
Value ($000) $228 (-23.3%) Shares 3,540 (-27.4%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $1,773 (-6.6%) Shares 27,481 (-11.6%)
NewEdge Advisors, LLC
Value ($000) $484 (+1.3%) Shares 7,495 (-4.1%)

Exited Positions (3)

FLOW TRADERS U.S. LLC
Value ($000) $2 Shares 29,619
FARMERS & MERCHANTS INVESTMENTS INC
Value ($000) $17 Shares 286
MORGAN STANLEY
Value ($000) $0 Shares 1