VICTORY PORTFOLIOS II

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

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

Increased Positions (13)

Decreased Positions (24)

MPWM ADVISORY SOLUTIONS, LLC
Value ($000) $310 (-32.3%) Shares 3,410 (-32.3%)
OneAscent Family Office, LLC
Value ($000) $301 (-24.4%) Shares 3,303 (-24.4%)
NWF Advisory Services Inc.
Value ($000) $563 (-19.2%) Shares 6,189 (-19.2%)
ENVESTNET ASSET MANAGEMENT INC
Value ($000) $1,830 (-81.7%) Shares 20,110 (-81.7%)
Keystone Financial Group
Value ($000) $1,908 (-4.9%) Shares 20,963 (-5.0%)
MONEY CONCEPTS CAPITAL CORP
Value ($000) $1,004 (-11.3%) Shares 11,037 (-11.4%)
WELLS FARGO & COMPANY/MN
Value ($000) $18,953 (-20.4%) Shares 208,250 (-20.4%)
Summit Financial, LLC
Value ($000) $6,931 (-3.4%) Shares 76,159 (-3.4%)
Larson Financial Group LLC
Value ($000) $4,294 (-2.2%) Shares 47,184 (-2.2%)
GOLDMAN SACHS GROUP INC
Value ($000) $6,687 (-28.8%) Shares 73,476 (-28.8%)
OSAIC HOLDINGS, INC.
Value ($000) $3,307 (-22.4%) Shares 36,337 (-22.7%)
LEVEL FOUR ADVISORY SERVICES, LLC
Value ($000) $2,969 (-2.4%) Shares 32,625 (-2.4%)
RAYMOND JAMES FINANCIAL INC
Value ($000) $19,442 (-4.3%) Shares 213,624 (-4.3%)
Private Advisor Group, LLC
Value ($000) $11,981 (-1.3%) Shares 131,641 (-1.3%)
Creative Planning
Value ($000) $426 (-48.1%) Shares 4,676 (-48.1%)
UBS Group AG
Value ($000) $15,227 (-2.1%) Shares 167,306 (-2.1%)
Rossmore Private Capital
Value ($000) $1,519 (-1.0%) Shares 16,695 (-1.1%)
AMERIPRISE FINANCIAL INC
Value ($000) $3,463 (-5.0%) Shares 38,056 (-5.0%)
NORTHERN TRUST CORP
Value ($000) $537 (-24.7%) Shares 5,897 (-24.8%)
GREAT VALLEY ADVISOR GROUP, INC.
Value ($000) $451 (-9.4%) Shares 4,956 (-9.4%)