Victory Financial Group, LLC

Diversified strategyMomentum followerSector-focused

Total reported value

$814.2M

Reporting period: 2026-03-31 · Number of holdings: 348

VICTORY FINANCIAL GROUP, LLC disclosed 348 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $814.2M and a quarterly turnover rate of 17.8%.

Personality snowflake

Concentration: 13.82
Portfolio Stability: 17.81
Momentum/Contrarian: 100
Sector conviction: 73.68
Diversification: 100
Sizing Uniformity: 66.75

Recent moves

Trim IWY
+3.1%　-$9.1M
Trim FVD
-38.3%　-$5.6M
Add PYLD
+44.7%　$6.3M
Trim XLK
-10.4%　-$5.0M
Add RSPU
+302.2%　$3.7M
Add SPEM
+54.2%　$3.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IWY	Ishares Russell Top 200 Grow	ETF-Other	14.14%	-1.48%	+3.14%
2	SCHD	Schwab US Dvd Equity ETF	ETF-Other	5.75%	—	-10.13%
3	IMCG	Ishares Morningstar Mid-cap	ETF-Other	4.18%	—	+2.54%
4	FDVV	Fidelity High Dividend ETF	ETF-Other	3.72%	+0.25%	+12.88%
5	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	3.27%	—	+7.05%
6	IVLU	Ishares Msci International V	ETF-Other	3.05%	+0.27%	+7.82%
7	XLK	Ss Technology Select Sector	ETF-Tech	2.94%	-0.70%	-10.39%
8	PYLD	Pimco Multisector Bond Actv	ETF-Other	2.60%	+0.73%	+44.74%
9	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	2.38%	+0.04%	+0.96%
10	NVDA	Nvidia CORP	Stock-Tech	2.30%	-0.14%	+3.35%
11	EVTR	Eaton Vance Total Return	ETF-Other	2.04%	-0.33%	-10.24%
12	SLYG	Ss Spdr S&p 600 Sc Gr ETF	ETF-Other	1.94%	+0.17%	+9.20%
13	AAPL	Apple INC	Stock-Tech	1.79%	-0.16%	+0.69%
14	VBR	Vanguard Small-cap Value ETF	ETF-Other	1.75%	+0.08%	+4.77%
15	BIL	Ss Spdr Bb 1-3m T-bill ETF	ETF-Gov Bonds	1.59%	+0.05%	+5.38%
16	FBND	Fidelity Total Bond ETF	ETF-Other	1.36%	-0.23%	-12.09%
17	SPEM	State Street Sp Ptf Em ETF	ETF-Other	1.27%	+0.43%	+54.20%
18	FVD	First Trust Value Line Dvd	ETF-Other	1.18%	-0.74%	-38.31%
19	MSFT	Microsoft CORP	Stock-Tech	0.83%	-0.35%	-5.72%
20	AMZN	Amazon.com INC	Stock-Consumer Disc	0.73%	—	+9.19%
21	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.73%	—	+17.34%
22	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	0.72%	—	+27.20%
23	TSLA	Tesla INC	Stock-Consumer Disc	0.70%	—	+10.77%
24	AVDV	Avantis Intl S/c Value ETF	ETF-Other	0.66%	+0.18%	+32.97%
25	JBND	Jpmorgan Active Bond ETF	ETF-Other	0.66%	+0.66%	NEW
26	AVGO	Broadcom INC	Stock-Tech	0.65%	—	+7.22%
27	VGIT	Vanguard Intermediate-term T	ETF-Other	0.65%	—	+6.58%
28	DIVO	Amplify Cwp Enhan Divid ETF	ETF-Other	0.62%	—	+9.66%
29	VCRB	Vanguard Core Bond ETF	ETF-Other	0.60%	—	+6.99%
30	RSPU	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	0.60%	+0.46%	+302.24%
31	XLI	Ss Industrial Select Sector	ETF-Other	0.58%	—	+2.46%
32	CGDV	Cap Group Dividend Value	ETF-Other	0.55%	—	+0.63%
33	XLC	Ss Comm Select Sector Spdr	ETF-Other	0.55%	—	+8.13%
34	META	Meta Platforms Inc-class A	Stock-Comm Services	0.54%	—	+9.66%
35	VYM	Vanguard High Dvd Yield ETF	ETF-Other	0.51%	—	-1.59%
36	VCLT	Vanguard Long-term CORP Bond	ETF-Corp Bonds	0.46%	-0.25%	-32.85%
37	XLV	Ss Health Care Select Sector	ETF-Other	0.46%	-0.09%	-10.18%
38	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	0.45%	+0.06%	+30.00%
39	FPEI	First Trust Institutional Pr	ETF-Other	0.43%	—	+7.26%
40	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.42%	—	+0.25%
41	HEQT	Simplify Hedged Equity ETF	ETF-Other	0.42%	—	-0.55%
42	MOAT	Vaneck Morningstar Wide Moat	ETF-Other	0.42%	-0.16%	-20.88%
43	KORP	American Century Diversified	ETF-Other	0.39%	+0.39%	NEW
44	IJT	Ishares S&p Small-cap 600 Gr	ETF-Other	0.38%	—	+0.25%
45	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.36%	—	+18.15%
46	LLY	Eli Lilly & Co	Stock-Healthcare	0.34%	—	+8.10%
47	ARKW	Ark Next Generation Internet	ETF-Other	0.34%	—	+20.16%
48	PVAL	Putnam Focused Lrg Cap Value	ETF-Other	0.33%	+0.07%	+29.35%
49	MDY	State Street Spdr S&p Midcap	ETF-Other	0.32%	-0.10%	-24.17%
50	MFSI	Mfs Active International	ETF-Other	0.31%	—	+0.61%

1–50 of 348

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	348	$814.2M	18	1IWY 2SCHD 3IMCG Top holdings2026-03-31 1.IWY 2.SCHD 3.IMCG 4.FDVV 5.VOO 6.IVLU 7.XLK 8.PYLD 9.IJR 10.NVDA
2025-12-31	317	$795.5M	21	1IWY 2SCHD 3IMCG Top holdings2025-12-31 1.IWY 2.SCHD 3.IMCG 4.XLK 5.FDVV 6.VOO 7.IVLU 8.NVDA 9.EVTR 10.IJR
2025-09-30	248	$727.3M	40	1IWY 2SCHD 3IMCG Top holdings2025-09-30 1.IWY 2.SCHD 3.IMCG 4.XLK 5.FVD 6.FDVV 7.VOO 8.IVLU 9.EVTR 10.NVDA
2025-06-30	230	$630.1M	0	1IWY 2SCHD 3IMCG Top holdings2025-06-30 1.IWY 2.SCHD 3.IMCG 4.XLK 5.FDVV 6.FVD 7.VOO 8.EVTR 9.BIL 10.DBEF
2025-03-31	185	$521.1M	0	1IWY 2SCHD 3IMCG Top holdings2025-03-31 1.IWY 2.SCHD 3.IMCG 4.FVD 5.FDVV 6.XLK 7.VOO 8.EVTR 9.DBEF 10.IJR
2024-12-31	138	$380.5M	0	1IWY 2SCHD 3IMCG Top holdings2024-12-31 1.IWY 2.SCHD 3.IMCG 4.FVD 5.VOO 6.XLK 7.MDY 8.VBR 9.EVTR 10.NVDA
2024-06-30	78	$213.7M	0	1IWY 2SCHD 3IMCG Top holdings2024-06-30 1.IWY 2.SCHD 3.IMCG 4.FVD 5.VOO 6.XLK 7.MDY 8.VBR 9.NVDA 10.VTI
2024-03-31	60	$168.9M	0	1SCHD 2IWY 3IMCG Top holdings2024-03-31 1.SCHD 2.IWY 3.IMCG 4.FVD 5.XLK 6.MDY 7.VBR 8.VTI 9.VOT 10.VCLT
2023-12-31	63	$147.9M	0	1SCHD 2IWY 3FVD Top holdings2023-12-31 1.SCHD 2.IWY 3.FVD 4.IMCG 5.XLK 6.MDY 7.VBR 8.VTI 9.VOT 10.VYM

Holding changes this quarter

Victory Financial Group, LLC's most significant position changes for 2026-03-31: New buy: Jpmorgan Active Bond ETF (JBND); New buy: American Century Diversified (KORP); New buy: Matador Resources Co (MTDR); Sold out: Ishares Msci Eafe Small-cap (SCZ); New buy: Bondbloxx-ccc-usd Hy CORP Bd (XCCC).

Position changes disclosed by Victory Financial Group, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	PYLD	Pimco Multisector Bond Actv	+0.7%	+44.74%	Add
2	RSPU	Invesco S&p 500 Equal Weight	+0.5%	+302.24%	Add
3	SPEM	State Street Sp Ptf Em ETF	+0.4%	+54.20%	Add
4	IVLU	Ishares Msci International V	+0.3%	+7.82%	Add
5	FDVV	Fidelity High Dividend ETF	+0.3%	+12.88%	Add
6	AVDV	Avantis Intl S/c Value ETF	+0.2%	+32.97%	Add
7	SLYG	Ss Spdr S&p 600 Sc Gr ETF	+0.2%	+9.20%	Add
8	STIP	Ishares 0-5 Year Tips Bond E	+0.2%	+110.15%	Add
9	MPC	Marathon Petroleum CORP	+0.1%	+76.46%	Add
10	POWL	Powell Industries INC	+0.1%	+0.21%	Add
11	PHYL	Pgim Active High Yield Bond	+0.1%	+84.41%	Add
12	VBR	Vanguard Small-cap Value ETF	+0.1%	+4.77%	Add
13	CAT	Caterpillar INC	+0.1%	+44.38%	Add
14	PVAL	Putnam Focused Lrg Cap Value	+0.1%	+29.35%	Add
15	INTU	Intuit INC	+0.1%	+370.77%	Add
16	XOM	Exxon Mobil CORP	+0.1%	+5.21%	Add
17	ORCL	Oracle CORP	+0.1%	+126.54%	Add
18	IUSG	Ishares Core S&p U.s. Growth	+0.1%	+84.26%	Add
19	SPYG	Ss Spdr P S&p 500 Growth ETF	+0.1%	+30.00%	Add
20	BIL	Ss Spdr Bb 1-3m T-bill ETF	+0.1%	+5.38%	Add
21	IJR	Ishares Core S&p Small-cap E	0%	+0.96%	Add
22	SLV	Ishares Silver Trust	-0.1%	-59.14%	Trim
23	XLV	Ss Health Care Select Sector	-0.1%	-10.18%	Trim
24	MDY	State Street Spdr S&p Midcap	-0.1%	-24.17%	Trim
25	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.1%	-20.43%	Trim
26	WFC	Wells Fargo & Co	-0.1%	-33.69%	Trim
27	NVDA	Nvidia CORP	-0.1%	+3.35%	Add
28	VOT	Vanguard Mid-cap Growth ETF	-0.2%	-26.06%	Trim
29	MOAT	Vaneck Morningstar Wide Moat	-0.2%	-20.88%	Trim
30	AAPL	Apple INC	-0.2%	+0.69%	Add
31	FBND	Fidelity Total Bond ETF	-0.2%	-12.09%	Trim
32	VCLT	Vanguard Long-term CORP Bond	-0.3%	-32.85%	Trim
33	EVTR	Eaton Vance Total Return	-0.3%	-10.24%	Trim
34	MSFT	Microsoft CORP	-0.4%	-5.72%	Trim
35	FLCC	Fed Hermes Large Cap Core	-0.4%	-81.03%	Trim
36	XLF	Ss Financial Select Sector	-0.4%	-93.08%	Trim
37	XLK	Ss Technology Select Sector	-0.7%	-10.39%	Trim
38	FVD	First Trust Value Line Dvd	-0.7%	-38.31%	Trim
39	IWY	Ishares Russell Top 200 Grow	-1.5%	+3.14%	Add
40	JBND	Jpmorgan Active Bond ETF	—	NEW	New buy
41	KORP	American Century Diversified	—	NEW	New buy
42	MTDR	Matador Resources Co	—	NEW	New buy
43	SCZ	Ishares Msci Eafe Small-cap	—	EXIT	Sold out
44	XCCC	Bondbloxx-ccc-usd Hy CORP Bd	—	NEW	New buy
45	APA	Apa CORP	—	NEW	New buy
46	DBEF	Xtrackers Msci Eafe Hedged E	—	EXIT	Sold out
47	DHC	Diversified Healthcare Trust	—	NEW	New buy
48	DFAI	Dimensional International Co	—	NEW	New buy
49	CMCSA	Comcast Corp-class A	—	NEW	New buy
50	SNOW	Snowflake INC	—	EXIT	Sold out

FAQ

What is Victory Financial Group, LLC and what type of investor is it?

Victory Financial Group, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $814.2M, spread across 348 disclosed positions.

What are Victory Financial Group, LLC's largest equity positions?

Based on the latest 13F filing, Victory Financial Group, LLC's top holdings by market value are: 1. Ishares Russell Top 200 Grow (IWY) — $115.1M (14.1%) 2. Schwab US Dvd Equity ETF (SCHD) — $46.8M (5.8%) 3. Ishares Morningstar Mid-cap (IMCG) — $34.0M (4.2%) 4. Fidelity High Dividend ETF (FDVV) — $30.3M (3.7%) 5. Vanguard S&p 500 ETF (VOO) — $26.6M (3.3%)

What changes did Victory Financial Group, LLC make in its most recent portfolio filing?

In the latest reported quarter, Victory Financial Group, LLC made 50 notable position adjustments: 8 new positions were initiated, 24 existing holdings were added to, 15 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Jpmorgan Active Bond ETF (JBND); New buy: American Century Diversified (KORP); New buy: Matador Resources Co (MTDR); Sold out: Ishares Msci Eafe Small-cap (SCZ); New buy: Bondbloxx-ccc-usd Hy CORP Bd (XCCC)

What sectors does Victory Financial Group, LLC focus on?

Victory Financial Group, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 44.2% • Communication Services: 11.9% • Consumer Discretionary: 11.1% • Financials: 10.1% • Health Care: 7.8% • Consumer Staples: 5.4%