VictoryShares US Small Mid Cap Value Momentum ETF

S000065161Victory Portfolios IICIK 0001547580

Share classes

1 class of this one portfolio · 1 exchange-listed

Class ID	Symbol	Status	Security in the master	Type
C000210930	USVM	LINKEDSEC_TICKER	USVMVictoryShares US Small Mid Cap Value Moment…	ETF

The share-class bridge is a snapshot, not history. The SEC's fund share-class file says what each class trades as today, not what it traded as at a past report date. A fund that changed ticker or converted from a mutual fund resolves to its present-day symbol for every historical month shown.

Share classes

Report period

1 period filed. Holdings below describe the selected month only.

2026-03-31

Filing

NPORT-P · filed 2026-05-28

Report date: 2026-03-31
Net assets: $1,415,332,418.65
Total assets: $1,449,121,191.03
Total liabilities: $33,788,772.38
Assets invested: $0
Cash not reported in C or D: $2,689,445.52
Amendment: No
Accession: 0001004726-26-004321

By asset category

N-PORT Item C.4.a

ECEquity - common$1.41B97.7%

STIVShort-term investment veh…$33.49M2.3%

DEDerivative - equity$13.9K0.0%

By asset category

By issuer category

N-PORT Item C.4.b

CORPCorporate$1.41B97.7%

RFRegistered fund$33.49M2.3%

OTHEROther; the filer describe…$13.9K0.0%

By issuer category

By investment country

as filed

USUS$1.35B93.8%

BMBM$56.59M3.9%

IEIE$13.15M0.9%

MHMH$9.33M0.6%

PRPR$6.75M0.5%

KYKY$4.39M0.3%

By country

Classification look-through

Positions resolved to the master through ISIN, then rolled up through the taxonomy. 92.2% of reported value reaches a classification.

Equity · Financials(48)$305.94M21.2%

Equity · Consumer Discretionary(44)$186.94M12.9%

Equity · Health Care(43)$152.11M10.5%

Equity · Information Technology(37)$145.50M10.1%

Equity · Real Estate(21)$135.54M9.4%

Equity · Industrials(31)$128.17M8.9%

Equity · Utilities(11)$94.09M6.5%

Resolved, not yet classified(12)$66.37M4.6%

Equity · Energy(12)$55.51M3.8%

Equity · Materials(13)$54.24M3.8%

Not resolved to the master(8)$46.50M3.2%

Equity · Consumer Staples(9)$44.89M3.1%

Equity · Communication Services(6)$26.05M1.8%

Alternative · Digital Asset(1)$1.97M0.1%

Classification covers part of the master. 5,771 of 13,106 active securities are classified. Anything unclassified is shown as its own band rather than dropped, so a look-through total that falls short of 100% is telling you about coverage, not about the fund.

Percentages are of the reported value of positions above ($1.44B), not of the fund’s net assets ($1.42B). The two differ by cash, derivatives filed with no market value, and rounding.

Classification look-through

Holdings

296 positions in this filing

Issuer nameAsset categoryIssuer category

Holdings

Issuer↕	In master	CUSIP / ISIN	Asset	Balance↕	Value↕	Weight▼	Country
KENNAMETAL INC. KENNAMETAL INC	KMT	489170100 US4891701009	EC CORP	108,693 NS	$3.93M	0.277%	US
THE GAP, INC. GAP INC	GAP	364760108 US3647601083	EC CORP	161,775 NS	$3.91M	0.277%	US
ENVISTA HOLDINGS CORPORATION ENVISTA HOLDINGS CORP	NVST	29415F104 US29415F1049	EC CORP	154,124 NS	$3.91M	0.276%	US
HARMONY BIOSCIENCES HOLDINGS, INC. HARMONY BIOSCIENCES HOLDINGS INC	HRMY	413197104 US4131971040	EC CORP	139,225 NS	$3.90M	0.276%	US
Protagonist Therapeutics Inc PROTAGONIST THERAPEUTICS INC	PTGX	74366E102 US74366E1029	EC CORP	36,621 NS	$3.86M	0.273%	US
GARRETT MOTION INC. GARRETT MOTION INC	GTX	366505105 US3665051054	EC CORP	211,485 NS	$3.84M	0.272%	US
PBF ENERGY INC. PBF ENERGY INC	PBF	69318G106 US69318G1067	EC CORP	80,611 NS	$3.84M	0.271%	US
COHU, INC. COHU INC	COHU	192576106 US1925761066	EC CORP	123,817 NS	$3.79M	0.268%	US
ACADEMY SPORTS AND OUTDOORS, INC. ACADEMY SPORTS OUTDOORS INC	ASO	00402L107 US00402L1070	EC CORP	67,070 NS	$3.79M	0.268%	US
WERNER ENTERPRISES, INC. WERNER ENTERPRISES INC	WERN	950755108 US9507551086	EC CORP	128,685 NS	$3.78M	0.267%	US
MANPOWERGROUP INC. MANPOWER INC	MAN	56418H100 US56418H1005	EC CORP	127,696 NS	$3.76M	0.266%	US
ADVANCED ENERGY INDUSTRIES, INC. ADVANCED ENERGY INDUSTRIES INC	AEIS	007973100 US0079731008	EC CORP	11,563 NS	$3.73M	0.264%	US
PRIMORIS SERVICES CORPORATION PRIMORIS SERVICES CORP	PRIM	74164F103 US74164F1030	EC CORP	25,678 NS	$3.67M	0.260%	US
Collegium Pharmaceutical, Inc. COLLEGIUM PHARMACEUTICAL INC	COLL	19459J104 US19459J1043	EC CORP	109,909 NS	$3.63M	0.257%	US
Olin Corporation OLIN CORP	OLN	680665205 US6806652052	EC CORP	122,004 NS	$3.63M	0.256%	US
HUB GROUP, INC. HUB GROUP INC CL A	HUBG	443320106 US4433201062	EC CORP	100,596 NS	$3.63M	0.256%	US
ALPHA METALLURGICAL RESOURCES, INC. ALPHA METALLURGICAL RESOURCES	AMR	020764106 US0207641061	EC CORP	17,635 NS	$3.62M	0.256%	US
GRAPHIC PACKAGING HOLDING COMPANY GRAPHIC PACKAGING HOLDING CO	GPK	388689101 US3886891015	EC CORP	362,035 NS	$3.60M	0.254%	US
Signet Jewelers Limited SIGNET JEWELERS LTD	SIG	G81276100 BMG812761002	EC CORP	42,515 NS	$3.60M	0.254%	BM
VISHAY INTERTECHNOLOGY, INC. VISHAY INTERTECHNOLOGY INC	VSH	928298108 US9282981086	EC CORP	199,732 NS	$3.60M	0.254%	US
ASGN INCORPORATED ASGN INC	EFOR	00191U102 US00191U1025	EC CORP	91,631 NS	$3.55M	0.251%	US
CENTURY COMMUNITIES, INC. CENTURY COMMUNITIES INC	CCS	156504300 US1565043007	EC CORP	61,702 NS	$3.54M	0.250%	US
ZOOMINFO TECHNOLOGIES INC. ZOOMINFO TECHNOLOGIES INC A	GTM	98980F104 US98980F1049	EC CORP	591,122 NS	$3.53M	0.250%	US
ARCBEST CORPORATION ARCBEST CORP	ARCB	03937C105 US03937C1053	EC CORP	35,767 NS	$3.52M	0.249%	US
BIGLARI HOLDINGS INC. BIGLARI HOLDINGS INC	BH.A	08986R408 US08986R4083	EC CORP	1,977 NS	$3.45M	0.243%	US
SPHERE ENTERTAINMENT CO. SPHERE ENTERTAINMENT CO	SPHR	55826T102 US55826T1025	EC CORP	29,299 NS	$3.44M	0.243%	US
ATKORE INC. ATKORE INC	ATKR	047649108 US0476491081	EC CORP	58,337 NS	$3.44M	0.243%	US
Liquidia Corp LIQUIDIA TECHNOLOGIES INC	LQDA	53635D202 US53635D2027	EC CORP	90,186 NS	$3.40M	0.240%	US
CARTER'S, INC. CARTER S INC	CRI	146229109 US1462291097	EC CORP	93,954 NS	$3.36M	0.237%	US
MACY'S, INC. MACY S INC	M	55616P104 US55616P1049	EC CORP	185,452 NS	$3.35M	0.237%	US
BEL FUSE INC. BEL FUSE INC	BELFB	077347300 US0773473006	EC CORP	16,887 NS	$3.34M	0.236%	US
AxoGen, Inc. AXOGEN INC	AXGN	05463X106 US05463X1063	EC CORP	100,054 NS	$3.31M	0.234%	US
AMPHASTAR PHARMACEUTICALS, INC. AMPHASTAR PHARMACEUTICALS INC	AMPH	03209R103 US03209R1032	EC CORP	168,863 NS	$3.31M	0.234%	US
ARRAY DIGITAL INFRASTRUCTURE, INC. ARRAY DIGITAL INFRASTRUCTURE INC	AD	911684108 US9116841084	EC CORP	71,639 NS	$3.31M	0.234%	US
DIODES INCORPORATED DIODES INC	DIOD	254543101 US2545431015	EC CORP	47,860 NS	$3.27M	0.231%	US
ARGAN, INC. ARGAN INC	AGX	04010E109 US04010E1091	EC CORP	5,976 NS	$3.25M	0.230%	US
OMNICELL, INC. OMNICELL INC	OMCL	68213N109 US68213N1090	EC CORP	97,223 NS	$3.25M	0.229%	US
ONTO INNOVATION INC. ONTO INNOVATION INC	ONTO	683344105 US6833441057	EC CORP	15,809 NS	$3.24M	0.229%	US
O-I GLASS, INC. O I GLASS INC	OI	67098H104 US67098H1041	EC CORP	307,357 NS	$3.23M	0.228%	US
PEABODY ENERGY CORPORATION PEABODY ENERGY CORP	BTU	704551100 US7045511000	EC CORP	96,206 NS	$3.17M	0.224%	US
IONIS PHARMACEUTICALS, INC. IONIS PHARMACEUTICALS INC	IONS	462222100 US4622221004	EC CORP	41,805 NS	$3.14M	0.222%	US
SALLY BEAUTY HOLDINGS, INC. SALLY BEAUTY HOLDINGS INC	SBH	79546E104 US79546E1047	EC CORP	224,738 NS	$3.11M	0.220%	US
TURNING POINT BRANDS, INC. TURNING POINT BRANDS INC	TPB	90041L105 US90041L1052	EC CORP	35,521 NS	$3.08M	0.218%	US
MASTERBRAND, INC. MASTERBRAND INC	MBC	57638P104 US57638P1049	EC CORP	367,338 NS	$3.05M	0.216%	US
ADIENT PUBLIC LIMITED COMPANY ADIENT PLC	ADNT	G0084W101 IE00BD845X29	EC CORP	150,980 NS	$3.05M	0.216%	IE
GUARDANT HEALTH, INC. GUARDANT HEALTH INC	GH	40131M109 US40131M1099	EC CORP	32,578 NS	$3.01M	0.213%	US
POLARIS INC. POLARIS INC	PII	731068102 US7310681025	EC CORP	54,072 NS	$2.95M	0.208%	US
STERLING INFRASTRUCTURE, INC. STERLING INFRASTRUCTURE	STRL	859241101 US8592411016	EC CORP	7,127 NS	$2.90M	0.205%	US
Terns Pharmaceuticals Inc TERNS PHARMACEUTICALS INC	—	880881107 US8808811074	EC CORP	52,524 NS	$2.77M	0.196%	US
ASTRONICS CORPORATION	ATRO	046433108 US0464331083	EC CORP	41,109 NS	$2.74M	0.194%	US

Issuer↕

In master

CUSIP / ISIN

Asset

Balance↕

Value↕

Weight▼

Country

KENNAMETAL INC.

KENNAMETAL INC

KMT

489170100

US4891701009

CORP

108,693 NS

$3.93M

0.277%

THE GAP, INC.

GAP INC

GAP

364760108

US3647601083

CORP

161,775 NS

$3.91M

0.277%

ENVISTA HOLDINGS CORPORATION

ENVISTA HOLDINGS CORP

NVST

29415F104

US29415F1049

CORP

154,124 NS

$3.91M

0.276%

HARMONY BIOSCIENCES HOLDINGS, INC.

HARMONY BIOSCIENCES HOLDINGS INC

HRMY

413197104

US4131971040

CORP

139,225 NS

$3.90M

0.276%

Protagonist Therapeutics Inc

PROTAGONIST THERAPEUTICS INC

PTGX

74366E102

US74366E1029

CORP

36,621 NS

$3.86M

0.273%

GARRETT MOTION INC.

GARRETT MOTION INC

GTX

366505105

US3665051054

CORP

211,485 NS

$3.84M

0.272%

PBF ENERGY INC.

PBF ENERGY INC

PBF

69318G106

US69318G1067

CORP

80,611 NS

$3.84M

0.271%

COHU, INC.

COHU INC

COHU

192576106

US1925761066

CORP

123,817 NS

$3.79M

0.268%

ACADEMY SPORTS AND OUTDOORS, INC.

ACADEMY SPORTS OUTDOORS INC

ASO

00402L107

US00402L1070

CORP

67,070 NS

$3.79M

0.268%

WERNER ENTERPRISES, INC.

WERNER ENTERPRISES INC

WERN

950755108

US9507551086

CORP

128,685 NS

$3.78M

0.267%

MANPOWERGROUP INC.

MANPOWER INC

MAN

56418H100

US56418H1005

CORP

127,696 NS

$3.76M

0.266%

ADVANCED ENERGY INDUSTRIES, INC.

ADVANCED ENERGY INDUSTRIES INC

AEIS

007973100

US0079731008

CORP

11,563 NS

$3.73M

0.264%

PRIMORIS SERVICES CORPORATION

PRIMORIS SERVICES CORP

PRIM

74164F103

US74164F1030

CORP

25,678 NS

$3.67M

0.260%

Collegium Pharmaceutical, Inc.

COLLEGIUM PHARMACEUTICAL INC

COLL

19459J104

US19459J1043

CORP

109,909 NS

$3.63M

0.257%

Olin Corporation

OLIN CORP

OLN

680665205

US6806652052

CORP

122,004 NS

$3.63M

0.256%

HUB GROUP, INC.

HUB GROUP INC CL A

HUBG

443320106

US4433201062

CORP

100,596 NS

$3.63M

0.256%

ALPHA METALLURGICAL RESOURCES, INC.

ALPHA METALLURGICAL RESOURCES

AMR

020764106

US0207641061

CORP

17,635 NS

$3.62M

0.256%

GRAPHIC PACKAGING HOLDING COMPANY

GRAPHIC PACKAGING HOLDING CO

GPK

388689101

US3886891015

CORP

362,035 NS

$3.60M

0.254%

Signet Jewelers Limited

SIGNET JEWELERS LTD

SIG

G81276100

BMG812761002

CORP

42,515 NS

$3.60M

0.254%

VISHAY INTERTECHNOLOGY, INC.

VISHAY INTERTECHNOLOGY INC

VSH

928298108

US9282981086

CORP

199,732 NS

$3.60M

0.254%

ASGN INCORPORATED

ASGN INC

EFOR

00191U102

US00191U1025

CORP

91,631 NS

$3.55M

0.251%

CENTURY COMMUNITIES, INC.

CENTURY COMMUNITIES INC

CCS

156504300

US1565043007

CORP

61,702 NS

$3.54M

0.250%

ZOOMINFO TECHNOLOGIES INC.

ZOOMINFO TECHNOLOGIES INC A

GTM

98980F104

US98980F1049

CORP

591,122 NS

$3.53M

0.250%

ARCBEST CORPORATION

ARCBEST CORP

ARCB

03937C105

US03937C1053

CORP

35,767 NS

$3.52M

0.249%

BIGLARI HOLDINGS INC.

BIGLARI HOLDINGS INC

BH.A

08986R408

US08986R4083

CORP

1,977 NS

$3.45M

0.243%

SPHERE ENTERTAINMENT CO.

SPHERE ENTERTAINMENT CO

SPHR

55826T102

US55826T1025

CORP

29,299 NS

$3.44M

0.243%

ATKORE INC.

ATKORE INC

ATKR

047649108

US0476491081

CORP

58,337 NS

$3.44M

0.243%

Liquidia Corp

LIQUIDIA TECHNOLOGIES INC

LQDA

53635D202

US53635D2027

CORP

90,186 NS

$3.40M

0.240%

CARTER'S, INC.

CARTER S INC

CRI

146229109

US1462291097

CORP

93,954 NS

$3.36M

0.237%

MACY'S, INC.

MACY S INC

55616P104

US55616P1049

CORP

185,452 NS

$3.35M

0.237%

BEL FUSE INC.

BEL FUSE INC

BELFB

077347300

US0773473006

CORP

16,887 NS

$3.34M

0.236%

AxoGen, Inc.

AXOGEN INC

AXGN

05463X106

US05463X1063

CORP

100,054 NS

$3.31M

0.234%

AMPHASTAR PHARMACEUTICALS, INC.

AMPHASTAR PHARMACEUTICALS INC

AMPH

03209R103

US03209R1032

CORP

168,863 NS

$3.31M

0.234%

ARRAY DIGITAL INFRASTRUCTURE, INC.

ARRAY DIGITAL INFRASTRUCTURE INC

911684108

US9116841084

CORP

71,639 NS

$3.31M

0.234%

DIODES INCORPORATED

DIODES INC

DIOD

254543101

US2545431015

CORP

47,860 NS

$3.27M

0.231%

ARGAN, INC.

ARGAN INC

AGX

04010E109

US04010E1091

CORP

5,976 NS

$3.25M

0.230%

OMNICELL, INC.

OMNICELL INC

OMCL

68213N109

US68213N1090

CORP

97,223 NS

$3.25M

0.229%

ONTO INNOVATION INC.

ONTO INNOVATION INC

ONTO

683344105

US6833441057

CORP

15,809 NS

$3.24M

0.229%

O-I GLASS, INC.

O I GLASS INC

67098H104

US67098H1041

CORP

307,357 NS

$3.23M

0.228%

PEABODY ENERGY CORPORATION

PEABODY ENERGY CORP

BTU

704551100

US7045511000

CORP

96,206 NS

$3.17M

0.224%

IONIS PHARMACEUTICALS, INC.

IONIS PHARMACEUTICALS INC

IONS

462222100

US4622221004

CORP

41,805 NS

$3.14M

0.222%

SALLY BEAUTY HOLDINGS, INC.

SALLY BEAUTY HOLDINGS INC

SBH

79546E104

US79546E1047

CORP

224,738 NS

$3.11M

0.220%

TURNING POINT BRANDS, INC.

TURNING POINT BRANDS INC

TPB

90041L105

US90041L1052

CORP

35,521 NS

$3.08M

0.218%

MASTERBRAND, INC.

MASTERBRAND INC

MBC

57638P104

US57638P1049

CORP

367,338 NS

$3.05M

0.216%

ADIENT PUBLIC LIMITED COMPANY

ADIENT PLC

ADNT

G0084W101

IE00BD845X29

CORP

150,980 NS

$3.05M

0.216%

GUARDANT HEALTH, INC.

GUARDANT HEALTH INC

40131M109

US40131M1099

CORP

32,578 NS

$3.01M

0.213%

POLARIS INC.

POLARIS INC

PII

731068102

US7310681025

CORP

54,072 NS

$2.95M

0.208%

STERLING INFRASTRUCTURE, INC.

STERLING INFRASTRUCTURE

STRL

859241101

US8592411016

CORP

7,127 NS

$2.90M

0.205%

Terns Pharmaceuticals Inc

TERNS PHARMACEUTICALS INC

—

880881107

US8808811074

CORP

52,524 NS

$2.77M

0.196%

ASTRONICS CORPORATION

ATRO

046433108

US0464331083

CORP

41,109 NS

$2.74M

0.194%