VICTORY PORTFOLIOS II

Ticker: CFA CUSIP: 92647N766 Class: VCSHS US 500 VOL

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

InstitutionSharesValue ($000)
MORGAN STANLEY639,747$58,223
BANK OF AMERICA CORP /DE/364,215$33,147
COMERICA BANK251,800$22,916
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO240,762$21,912
RAYMOND JAMES FINANCIAL INC213,624$19,442
WELLS FARGO & COMPANY/MN208,250$18,953
UBS Group AG167,306$15,227
Private Advisor Group, LLC131,641$11,981
Rockefeller Capital Management L.P.120,500$10,967
LPL Financial LLC117,370$10,682
SILVER OAK SECURITIES, INCORPORATED113,311$10,395
ROYAL BANK OF CANADA95,648$8,705
Summit Financial, LLC76,159$6,931
GOLDMAN SACHS GROUP INC73,476$6,687
NewEdge Advisors, LLC57,181$5,204
COMMONWEALTH EQUITY SERVICES, LLC52,848$4,810
NATIONS FINANCIAL GROUP INC, /IA/ /ADV51,431$4,681
Larson Financial Group LLC47,184$4,294
JONES FINANCIAL COMPANIES LLLP46,643$4,245
AMERIPRISE FINANCIAL INC38,056$3,463
OSAIC HOLDINGS, INC.36,337$3,307
LEVEL FOUR ADVISORY SERVICES, LLC32,625$2,969
Cambridge Investment Research Advisors, Inc.29,597$3
Keystone Financial Group20,963$1,908
ENVESTNET ASSET MANAGEMENT INC20,110$1,830
CITADEL ADVISORS LLC19,322$1,758
Integrated Wealth Concepts LLC19,193$1,747
SUSQUEHANNA INTERNATIONAL GROUP, LLP18,154$1,652
Rossmore Private Capital16,695$1,519
Allspring Global Investments Holdings, LLC13,600$1,255
Golden State Wealth Management, LLC11,107$1,011
MONEY CONCEPTS CAPITAL CORP11,037$1,004
TBH Global Asset Management, LLC10,333$940
Smith Thornton Advisors LLC9,899$901
IHT Wealth Management, LLC8,719$796
Pathstone Holdings, LLC8,028$731
NWF Advisory Services Inc.6,189$563
Cetera Investment Advisers6,115$557
Claro Advisors Inc.5,936$540
NORTHERN TRUST CORP5,897$537
Marble Wealth, LLC5,216$475
GREAT VALLEY ADVISOR GROUP, INC.4,956$451
Patriot Financial Group Insurance Agency, LLC4,830$440
Creative Planning4,676$426
HighTower Advisors, LLC4,674$425
TruWealth Advisors, LLC4,343$395
Bank of New York Mellon Corp3,858$351
Quantinno Capital Management LP3,804$346
PNC Financial Services Group, Inc.3,743$341
MPWM ADVISORY SOLUTIONS, LLC3,410$310
OneAscent Family Office, LLC3,303$301
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC3,112$283
Concurrent Investment Advisors, LLC2,707$246
SEI INVESTMENTS CO2,669$243
Seven Springs Wealth Group, LLC2,277$207
CALTON & ASSOCIATES, INC.2,267$206
JPMORGAN CHASE & CO2,107$192
IFP Advisors, Inc1,947$177
FMR LLC1,729$157
Westside Investment Management, Inc.1,500$137
CWM, LLC963$0
NBC SECURITIES, INC.958$87
Kestra Advisory Services, LLC903$82
EverSource Wealth Advisors, LLC439$40
Key Financial Inc400$36
FIFTH THIRD BANCORP172$16
HARBOUR INVESTMENTS, INC.108$10
AE Wealth Management LLC48$4
Inspire Investing, LLC21$2
FLAGSHIP HARBOR ADVISORS, LLC12$1
Aptus Capital Advisors, LLC11$1
Tower Research Capital LLC (TRC)7$1
Total (72 institutions)3,488,178$314,781