VICTORY PORTFOLIOS II

Ticker: MODL CUSIP: 92647P126 Class: VICTORYSHARES WE

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

InstitutionSharesValue ($000)
VICTORY CAPITAL MANAGEMENT INC5,480,761$260,446
Janney Montgomery Scott LLC1,263,932$60
TRUIST FINANCIAL CORP1,119,138$53,181
RAYMOND JAMES FINANCIAL INC1,107,248$52,616
LPL Financial LLC1,094,146$51,994
Rockefeller Capital Management L.P.539,939$25,658
MORGAN STANLEY401,586$19,083
ROYAL BANK OF CANADA364,786$17,335
ENVESTNET ASSET MANAGEMENT INC362,194$17,211
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC273,112$13,121
MBL Wealth, LLC234,717$11,154
STIFEL FINANCIAL CORP231,817$11,016
D.A. DAVIDSON & CO.102,329$4,863
Huntleigh Advisors, Inc.95,662$4,546
Summit Financial, LLC90,834$4,316
Tradition Wealth Management, LLC80,136$3,808
J.W. COLE ADVISORS, INC.73,770$3,167
Cambridge Investment Research Advisors, Inc.72,913$3
OSAIC HOLDINGS, INC.56,900$2,706
Kuhn & Co Investment Counsel56,502$2,685
Gladstone Institutional Advisory LLC50,346$2,392
Steward Partners Investment Advisory, LLC46,252$2,198
Coastal Bridge Advisors, LLC35,838$1,703
FIRETHORN WEALTH PARTNERS, LLC33,157$1,576
Sanctuary Advisors, LLC27,793$1,321
DAVENPORT & Co LLC24,250$1,152
Private Advisor Group, LLC21,714$1,032
Arkadios Wealth Advisors21,469$1,020
GENTRY PRIVATE WEALTH, LLC19,796$941
StoneX Group Inc.17,728$842
CARY STREET PARTNERS FINANCIAL LLC15,450$734
KESTRA PRIVATE WEALTH SERVICES, LLC15,165$721
Leverty Financial Group, LLC14,782$702
STEPHENS INC /AR/14,600$694
WEALTH EFFECTS LLC13,028$619
Concurrent Investment Advisors, LLC8,239$392
GoalVest Advisory LLC8,027$381
HighTower Advisors, LLC7,466$355
CITADEL ADVISORS LLC6,810$324
Pine Valley Investments Ltd Liability Co6,376$303
Broadway Wealth Solutions, Inc.5,302$252
COMERICA BANK4,483$213
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO4,227$201
Capital Analysts, LLC2,637$0
JPMORGAN CHASE & CO2,552$121
BANK OF AMERICA CORP /DE/2,000$95
Allworth Financial LP1,682$80
Kestra Advisory Services, LLC802$38
WELLS FARGO & COMPANY/MN473$22
ASSETMARK, INC224$11
Abound Wealth Management136$6
NewEdge Advisors, LLC35$2
Total (52 institutions)13,535,261$579,415