VICTORY PORTFOLIOS II

Ticker: CDC CUSIP: 92647N824 Class: VCSHS US EQ INCM

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

InstitutionSharesValue ($000)
MORGAN STANLEY1,142,029$75,248
RAYMOND JAMES FINANCIAL INC671,668$44,256
BANK OF AMERICA CORP /DE/578,062$38,089
LPL Financial LLC538,843$35,504
SILVER OAK SECURITIES, INCORPORATED484,811$32,180
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO444,514$29,289
ATLANTIC FAMILY WEALTH, LLC385,489$25,400
CWM, LLC305,071$20
ROYAL BANK OF CANADA270,156$17,801
WELLS FARGO & COMPANY/MN223,608$14,734
Cambridge Investment Research Advisors, Inc.174,878$12
Rockefeller Capital Management L.P.167,466$11,034
COMMONWEALTH EQUITY SERVICES, LLC164,645$10,848
AMERIPRISE FINANCIAL INC115,849$7,633
Garrett Wealth Advisory Group, LLC114,343$7,534
Integrated Wealth Concepts LLC107,464$7,081
UBS Group AG104,916$6,913
GOLDMAN SACHS GROUP INC101,187$6,667
NewEdge Advisors, LLC98,359$6,481
Private Advisor Group, LLC82,390$5,429
Cetera Investment Advisers63,060$4,155
Strategic Blueprint, LLC59,806$3,941
OSAIC HOLDINGS, INC.54,268$3,577
CITADEL ADVISORS LLC49,707$3,275
TRUIST FINANCIAL CORP39,064$2,574
ENVESTNET ASSET MANAGEMENT INC38,839$2,559
MATHER GROUP, LLC.37,212$2,452
STIFEL FINANCIAL CORP32,282$2,127
Keystone Financial Group31,752$2,092
HighTower Advisors, LLC29,637$1,953
PFG Advisors29,000$1,911
MONEY CONCEPTS CAPITAL CORP25,954$1,710
Russell Investments Group, Ltd.25,888$1,706
Caprock Group, LLC20,043$1,321
Kestra Advisory Services, LLC19,352$1,275
Salus Financial Advisors, LLC17,283$1,139
J.W. COLE ADVISORS, INC.16,727$1,102
SUSQUEHANNA INTERNATIONAL GROUP, LLP16,437$1,083
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/14,397$949
Stratos Wealth Partners, LTD.14,193$935
StoneX Group Inc.13,458$887
KPP Advisory Services LLC13,318$878
Western Wealth Management, LLC12,823$845
Axis Wealth Partners, LLC11,302$745
GTS SECURITIES LLC10,550$695
JANE STREET GROUP, LLC10,202$672
Creative Planning9,303$613
FLAGSHIP HARBOR ADVISORS, LLC8,736$576
Smith Thornton Advisors LLC8,479$559
GREAT VALLEY ADVISOR GROUP, INC.7,753$511
Comprehensive Financial Planning, Inc./PA7,450$491
KESTRA PRIVATE WEALTH SERVICES, LLC7,429$490
Patriot Financial Group Insurance Agency, LLC7,381$486
Mariner, LLC6,189$408
CoreCap Advisors, LLC5,793$382
Global Retirement Partners, LLC5,411$357
Vantage Financial Partners, LLC5,298$349
CHOREO, LLC5,268$350
First Heartland Consultants, Inc.5,220$344
Steward Partners Investment Advisory, LLC5,217$344
Advisory Alpha, LLC4,524$298
RPS ADVISORY SOLUTIONS LLC4,320$285
Allworth Financial LP4,303$284
Simplicity Wealth,LLC4,217$278
&PARTNERS4,195$276
HRT FINANCIAL LP4,043$0
Dynamic Advisor Solutions LLC4,041$266
Signal Advisors Wealth, LLC3,796$250
IFP Advisors, Inc3,548$234
CALTON & ASSOCIATES, INC.3,403$224
FLOW TRADERS U.S. LLC3,395$0
TIAA TRUST, NATIONAL ASSOCIATION3,326$219
one8zero8, LLC3,300$217
COMERICA BANK2,724$179
BlackRock, Inc.2,662$175
Geneos Wealth Management Inc.2,288$151
PRIVATE TRUST CO NA2,200$145
DHJJ Financial Advisors, Ltd.896$59
Noble Wealth Management PBC733$48
Farther Finance Advisors, LLC413$27
Measured Wealth Private Client Group, LLC395$26
JPMORGAN CHASE & CO355$23
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC346$23
AE Wealth Management LLC341$22
CIBC Private Wealth Group, LLC300$20
SageView Advisory Group, LLC259$17
Pacific Center for Financial Services227$15
Sound Income Strategies, LLC205$14
Newbridge Financial Services Group, Inc.200$13
FMR LLC174$11
Capital Advisors, Ltd. LLC162$0
HARBOUR INVESTMENTS, INC.158$10
Sunbelt Securities, Inc.155$10
Operose Advisors LLC136$9
Larson Financial Group LLC69$5
Aptus Capital Advisors, LLC63$4
Tower Research Capital LLC (TRC)32$2
EverSource Wealth Advisors, LLC1$0
Total (98 institutions)7,143,134$438,809