VCTRNasdaqInvestment AdviceFiscal year ends December 31
Victory Capital Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$107.70−0.89 (-0.82%)
Close on Oct 19, 2026
- Market cap
- $6.76B
- P/E (TTM)
- 19.7
- Dividend yield
- 1.80%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
79.4%
49M of 62M shares
Institutional holders
356
68 new, 32 sold out
Net institutional buying
-3M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
|  David C. Brown (In his capacity as a member of the Employee Shareholders Committee) 2    | 8,641,631 | – | 13D (active) amendment | Jul 8, 2024 |
| BlackRock, Inc. | 6,775,617 | 10.10% | 13G (passive) amendment | Jul 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of VCTR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6,961,189 | 11.32% | $585.16M | −5,785 | 0.01% |
| Bahl & Gaynor Inc | 3,044,278 | 4.95% | $255.90M | +340,047 | 1.18% |
| Amundi | 2,960,024 | 4.81% | $248.82M | −94,900 | 0.06% |
| Vanguard Capital Management LLC | 2,204,819 | 3.58% | $185.34M | −39,706 | 0.00% |
| Crestview Partners II GP, L.P. | 1,995,847 | 3.24% | $167.77M | −2,099,576 | 71.46% |
| Vanguard Portfolio Management LLC | 1,972,454 | 3.21% | $165.80M | −15,095 | 0.01% |
| Capital World Investors | 1,951,467 | 3.17% | $164.04M | −466,197 | 0.02% |
| Dimensional Fund Advisors LP | 1,893,368 | 3.08% | $159.15M | +149,903 | 0.03% |
| State Street Corp | 1,890,321 | 3.07% | $158.90M | +45,918 | 0.00% |
| Van Berkom & Associates Inc. | 1,224,567 | 1.99% | $102.94K | −1,885,149 | 3.32% |
| Geode Capital Management, LLC | 1,197,499 | 1.95% | $100.68M | +30,510 | 0.01% |
| Granahan Investment Management, LLC | 1,015,343 | 1.65% | $85.35M | −71,972 | 3.04% |
| FMR LLC | 1,008,893 | 1.64% | $84.81M | +193,489 | 0.00% |
| American Century Companies Inc | 1,001,129 | 1.63% | $84.15M | +679,865 | 0.04% |
| Franklin Resources Inc | 892,215 | 1.45% | $75.00M | −100,962 | 0.02% |
| Bank Of America Corp /De/ | 819,375 | 1.33% | $68.88M | −188,030 | 0.00% |
| Goldman Sachs Group Inc | 686,893 | 1.12% | $57.74M | +138,718 | 0.01% |
| Lsv Asset Management | 634,200 | 1.03% | $53.31K | −115,400 | 0.10% |
| Charles Schwab Investment Management Inc | 583,036 | 0.95% | $49.01M | −5,415 | 0.01% |
| Annex Advisory Services, LLC | 581,984 | 0.95% | $48.92M | −9,858 | 0.84% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 356 | 49M | 79.4% | 68 / 118 | 119 / 32 | 4M | 7M |
| Q1 2026 | 327 | 52M | 85.0% | 53 / 123 | 97 / 31 | 10M | 5M |
| Q4 2025 | 310 | 52M | 84.4% | 34 / 105 | 120 / 42 | 6M | 5M |
| Q3 2025 | 325 | 51M | 83.2% | 64 / 115 | 97 / 40 | 10M | 11M |
| Q2 2025 | 306 | 52M | 84.3% | 58 / 107 | 98 / 33 | 7M | 2M |
| Q1 2025 | 284 | 48M | 77.3% | 43 / 101 | 90 / 32 | 3M | 2M |
| Q4 2024 | 276 | 47M | 76.9% | 55 / 104 | 77 / 19 | 3M | 7M |
| Q3 2024 | 241 | 51M | 82.3% | 40 / 85 | 80 / 32 | 7M | 3M |
| Q2 2024 | 234 | 50M | 80.5% | 50 / 79 | 73 / 41 | 6M | 6M |
| Q1 2024 | 228 | 50M | 81.3% | 44 / 89 | 60 / 30 | 6M | 3M |
| Q4 2023 | 214 | 48M | 77.5% | 47 / 83 | 55 / 17 | 7M | 11M |
| Q3 2023 | 185 | 51M | 82.9% | 28 / 85 | 45 / 17 | 4M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of VCTR | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2,787,905 | 4.53% | $234.35M | 0.21% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,588,783 | 2.58% | $133.55M | 0.01% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 1,466,900 | 2.38% | $123.31M | 0.13% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,105,448 | 1.80% | $92.92M | 0.11% | Jun 30, 2026 |
| Bahl & Gaynor Small/Mid Cap Income Growth ETF | 745,032 | 1.21% | $62.63M | 4.30% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 627,428 | 1.02% | $53.05M | 0.20% | May 31, 2026 |
| Vanguard Small-Cap Index Fund | 573,004 | 0.93% | $48.17M | 0.03% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 530,519 | 0.86% | $44.60M | 0.05% | Jun 30, 2026 |
| Impax Small Cap Fund | 525,000 | 0.85% | $44.13M | 4.65% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 470,388 | 0.76% | $46.58M | 0.14% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 426,082 | 0.69% | $35.82M | 0.21% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 363,375 | 0.59% | $30.55M | 0.05% | Jun 30, 2026 |
| Fullerthaler Behavioral Small Cap Equity | 362,226 | 0.59% | $30.45M | 0.24% | Jun 30, 2026 |
| Capital Group U.S. Small and Mid Cap ETF | 359,741 | 0.58% | $30.42M | 1.09% | May 31, 2026 |
| Franklin Small Cap Value Fund | 315,963 | 0.51% | $31.29M | 0.73% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Thomas Michael Sipp | Executive Vice President | 161,610 | 0.26% | Aug 17, 2026 |
| Mannik S. Dhillon | President Investment Franchise | 324,076 | 0.53% | Aug 17, 2026 |
| David Craig Brown | Chairman and CEO | 2,488,211 | 4.05% | Aug 17, 2026 |
| Nina Gupta | Chief Legal Officer | 264,474 | 0.43% | Aug 17, 2026 |
| Michael Dennis Policarpo | President, CFO & CAO | 1,282,387 | 2.08% | Aug 17, 2026 |
| Nicolas Joseph Calcoen | Director | – | – | Jul 27, 2026 |
| Crestview Partners II GP, L.P. | Director | 32,188,822 | 52.33% | Jul 14, 2026 |
| Lawrence Davanzo | Director | 212,399 | 0.35% | Jul 14, 2026 |
| Mary M. Jackson | Director | 7,404 | 0.01% | Jul 14, 2026 |
| Alan Rappaport | Director | 465,665 | 0.76% | Jul 14, 2026 |
| Karin Hirtler-Garvey | Director | 41,860 | 0.07% | Jul 14, 2026 |
| Richard M. Demartini | Director | 951,489 | 1.55% | Jul 14, 2026 |
| Robert V. Delaney Jr. | Director | 2,059,126 | 3.35% | Jul 14, 2026 |
| Crestview Advisors, L.L.C. | Director | 4,116,838 | 6.69% | Jul 14, 2026 |
| Crestview Victory, L.P. | Director | 43,230,902 | 70.28% | Jul 14, 2026 |
| Asset Management SAS Amundi | Director, 10% owner | 3,054,924 | 4.97% | Mar 20, 2026 |
| Amundi | Director, 10% owner | 2,954,924 | 4.80% | Mar 20, 2026 |
| Robert J/Ny Hurst | Director | 450,294 | 0.73% | Jul 14, 2025 |
| Celine Boyer-Chammard | Director | – | – | Apr 9, 2025 |
| Dominique Carrel-Billiard | Director | – | – | Apr 9, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Nina Gupta Chief Legal Officer | Aug 13, 2026 | Option exercise | +19,124 | – | – | 264,474 |
| Nina Gupta Chief Legal Officer | Aug 13, 2026 | Tax withholding | −9,732 | $118.17 | $1.15M | 254,742 |
| David Craig Brown Chairman and CEO | Aug 13, 2026 | Tax withholding | −58,056 | $118.17 | $6.86M | 2,442,311 |
| David Craig Brown Chairman and CEO | Aug 13, 2026 | Option exercise | +147,529 | – | – | 2,500,367 |
| Mannik S. Dhillon President Investment Franchise | Aug 13, 2026 | Option exercise | +16,390 | – | – | 324,076 |
| Mannik S. Dhillon President Investment Franchise | Aug 13, 2026 | Tax withholding | −6,452 | $118.17 | $762.43K | 317,624 |
| Thomas Michael Sipp Executive Vice President | Aug 13, 2026 | Option exercise | +40,982 | – | – | 161,610 |
| Thomas Michael Sipp Executive Vice President | Aug 13, 2026 | Tax withholding | −21,205 | $118.17 | $2.51M | 140,405 |
| Michael Dennis Policarpo President, CFO & CAO | Aug 13, 2026 | Tax withholding | −33,453 | $118.17 | $3.95M | 1,274,887 |
| Michael Dennis Policarpo President, CFO & CAO | Aug 13, 2026 | Option exercise | +73,763 | – | – | 1,308,340 |
| Mannik S. Dhillon President Investment Franchise | Aug 5, 2026 | Tax withholding | −6,452 | $99.97 | $645.01K | 307,686 |
| Mannik S. Dhillon President Investment Franchise | Aug 5, 2026 | Option exercise | +16,390 | – | – | 314,138 |
| Nina Gupta Chief Legal Officer | Aug 5, 2026 | Option exercise | +19,124 | – | – | 255,082 |
| Nina Gupta Chief Legal Officer | Aug 5, 2026 | Tax withholding | −9,732 | $99.97 | $972.91K | 245,350 |
| Michael Dennis Policarpo President, CFO & CAO | Aug 5, 2026 | Option exercise | +73,763 | – | – | 1,268,030 |
| Michael Dennis Policarpo President, CFO & CAO | Aug 5, 2026 | Tax withholding | −33,453 | $99.97 | $3.34M | 1,234,577 |
| Thomas Michael Sipp Executive Vice President | Aug 5, 2026 | Tax withholding | −18,177 | $99.97 | $1.82M | 120,628 |
| Thomas Michael Sipp Executive Vice President | Aug 5, 2026 | Option exercise | +40,982 | – | – | 138,805 |
| David Craig Brown Chairman and CEO | Aug 5, 2026 | Option exercise | +147,529 | – | – | 2,410,894 |
| David Craig Brown Chairman and CEO | Aug 5, 2026 | Tax withholding | −58,056 | $99.97 | $5.80M | 2,352,838 |
| Alan Rappaport Director | Jul 10, 2026 | Award | +718 | $92.24 | $66.23K | 156,804 |
| Mary M. Jackson Director | Jul 10, 2026 | Award | +311 | $92.24 | $28.69K | 7,404 |
| Lawrence Davanzo Director | Jul 10, 2026 | Award | +311 | $92.24 | $28.69K | 1,587 |
| Robert V. Delaney Jr. Director | Jul 10, 2026 | Award | +311 | $92.24 | $28.69K | 1,996,158 |
| Richard M. Demartini Director | Jul 10, 2026 | Award | +392 | $92.24 | $36.16K | 274,063 |
| Karin Hirtler-Garvey Director | Jul 10, 2026 | Award | +311 | $92.24 | $28.69K | 41,860 |
| Thomas Michael Sipp Executive Vice President | Jun 15, 2026 | Returned to company | +5,625 | $85.97 | $483.58K | 97,823 |
| Robert V. Delaney Jr. Director | May 29, 2026 | Other | −2,100,000 | – | – | 1,995,847 |
| Robert V. Delaney Jr. Director | May 29, 2026 | Other | +39,742 | – | – | 491,682 |
| Alan Rappaport Director | Apr 10, 2026 | Award | +977 | $67.79 | $66.23K | 156,086 |
| Karin Hirtler-Garvey Director | Apr 10, 2026 | Award | +424 | $67.79 | $28.74K | 41,549 |
| Lawrence Davanzo Director | Apr 10, 2026 | Award | +424 | $67.79 | $28.74K | 1,276 |
| Richard M. Demartini Director | Apr 10, 2026 | Award | +534 | $67.79 | $36.20K | 273,671 |
| Mary M. Jackson Director | Apr 10, 2026 | Award | +424 | $67.79 | $28.74K | 7,093 |
| Robert V. Delaney Jr. Director | Apr 10, 2026 | Award | +424 | $67.79 | $28.74K | 4,095,847 |
| Amundi Director, 10% owner | Mar 18, 2026 | Returned to company | −100,000 | – | – | 2,954,924 |
| David Craig Brown Chairman and CEO | Mar 15, 2026 | Award | +101,994 | $66.67 | $6.80M | 2,263,365 |
| Mannik S. Dhillon President Investment Franchise | Mar 15, 2026 | Award | +16,499 | $66.67 | $1.10M | 297,748 |
| David Craig Brown Chairman and CEO | Mar 15, 2026 | Tax withholding | −50,457 | $66.67 | $3.36M | 2,161,371 |
| Michael Dennis Policarpo President, CFO & CAO | Mar 15, 2026 | Tax withholding | −28,031 | $66.67 | $1.87M | 1,132,021 |
| Mannik S. Dhillon President Investment Franchise | Mar 15, 2026 | Tax withholding | −7,746 | $66.67 | $516.43K | 281,249 |
| Nina Gupta Chief Legal Officer | Mar 15, 2026 | Award | +26,998 | $66.67 | $1.80M | 235,958 |
| Thomas Michael Sipp Executive Vice President | Mar 15, 2026 | Award | +39,748 | $66.67 | $2.65M | 88,449 |
| Thomas Michael Sipp Executive Vice President | Mar 15, 2026 | Award | +14,999 | $66.67 | $999.98K | 103,448 |
| Nina Gupta Chief Legal Officer | Mar 15, 2026 | Tax withholding | −17,096 | $66.67 | $1.14M | 208,960 |
| Michael Dennis Policarpo President, CFO & CAO | Mar 15, 2026 | Award | +62,246 | $66.67 | $4.15M | 1,194,267 |
| Robert V. Delaney Jr. Director | Jan 12, 2026 | Award | +417 | $68.93 | $28.74K | 4,095,423 |
| Alan Rappaport Director | Jan 12, 2026 | Award | +961 | $68.93 | $66.24K | 155,109 |
| Lawrence Davanzo Director | Jan 12, 2026 | Award | +417 | $68.93 | $28.74K | 852 |
| Karin Hirtler-Garvey Director | Jan 12, 2026 | Award | +417 | $68.93 | $28.74K | 41,125 |
| Richard M. Demartini Director | Jan 12, 2026 | Award | +525 | $68.93 | $36.19K | 273,137 |
| Mary M. Jackson Director | Jan 12, 2026 | Award | +417 | $68.93 | $28.74K | 6,669 |
| Asset Management SAS Amundi Director, 10% owner | Oct 29, 2025 | Returned to company | −150,000 | – | – | 3,054,924 |
| Robert V. Delaney Jr. Director | Oct 10, 2025 | Award | +435 | $65.98 | $28.70K | 4,095,006 |
| Karin Hirtler-Garvey Director | Oct 10, 2025 | Award | +435 | $65.98 | $28.70K | 40,708 |
| Alan Rappaport Director | Oct 10, 2025 | Award | +1,004 | $65.98 | $66.24K | 154,148 |
| Richard M. Demartini Director | Oct 10, 2025 | Award | +549 | $65.98 | $36.22K | 272,612 |
| Crestview Partners II GP, L.P. Director, 10% owner | Oct 10, 2025 | Award | +435 | $65.98 | $28.70K | 4,117,273 |
| Lawrence Davanzo Director | Oct 10, 2025 | Award | +435 | $65.98 | $28.70K | 435 |
| Mary M. Jackson Director | Oct 10, 2025 | Award | +435 | $65.98 | $28.70K | 6,252 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| RCP Opp Fund I GP, L.P. Director | Dec 6, 2023 | 30,868 | $1.02M | Dec 6, 2023 | Private Placement |
| C. Brown David Affiliate | Jul 12, 2023 | 350,000 | $11.73M | Jul 12, 2023 | Stock Award |
| RCP Opp Fund I GP, L.P. Shareholder | Jun 12, 2023 | 70,000 | $2.32M | Jun 12, 2023 | Private Placement |
| Stevenson Cliff Kelly Affiliate | May 11, 2023 | 35,000 | $1.06M | May 11, 2023 | Compensation award |