# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001752724-23-041259
**Filing Date:** 2023-2
**Character Count:** 12392
**Document Hash:** 77fce17df9a962b19ca865c72702fb68
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041259.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041259

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000802716
- **IRS NUMBER:** 316364605
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04852
- **FILM NUMBER:** 23671058

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 6144708000

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SOCIETY FUNDS
- **DATE OF NAME CHANGE:** 19940906

## Series and Classes Contracts Data

### Victory Global Energy Transition Fund (Series ID: S000053568)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000168359 | Class A      | RSNRX           |
| C000168360 | Class C      | RGNCX           |
| C000168361 | Class R      | RSNKX           |
| C000168362 | Class Y      | RSNYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Victory Portfolios

- **b. Investment Company Act file number:** 811-04852

- **c. CIK number of Registrant:** 0000802716

- **d. LEI of Registrant:** 549300V07N3HJP1EW330

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 4900 Tiedeman Road 4th Floor

  - **City:** Brooklyn

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 44144

  - **Telephone number:** 800-539-3863

**Item A.2. Information about the Series.**

- **a. Name of Series:** Victory Global Energy Transition Fund

- **b. EDGAR series identifier (if any):** S000053568

- **c. LEI of Series:** 549300X50UTTG6F4HI95

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $420346037.64

**Total Liabilities:** $10509635.19

**Net Assets:** $409836402.45

**Cash Not Reported:** $75993251.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000168361 | 2.55%                | 8.46%                | -2.46%               |
| Class ID C000168362 | 2.61%                | 8.50%                | -2.37%               |
| Class ID C000168360 | 2.51%                | 8.42%                | -2.47%               |
| Class ID C000168359 | 2.60%                | 8.49%                | -2.43%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10002636.05             | $-390779.47                                |
| Month 2  | $102770.66               | $32496485.34                               |
| Month 3  | $26234893.41             | $-36764892.61                              |

### Schedule of Portfolio Investments

| Name                                           | Title                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Energy Vault Holdings Inc                      | ENERGY VAULT HOLDINGS INC          | CUSIP: 29280W109<br>LEI: 549300KMBUKUUIQ6FN34 | Long             | EC               | CORP              | US        |   2242117 | NS      | $6995404.22   | 1.71%             |  |  |  | No            |                  1 | On Loan: —       |
| CHENIERE ENERGY, INC.                          | CHENIERE ENERGY INC                | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     24196 | NS      | $3628432.16   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND | GLDMN SCHS FIN SQ GV-FST           | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2428128 | NS      | $2428128.03   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                            | NEWMONT CORP                       | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    431075 | NS      | $20346740.00  | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND           | HSBC US GOVT MMKT-I                | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2585364 | NS      | $2585364.28   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Norsk Hydro ASA                                | NORSK HYDRO ASA                    | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |   2323078 | NS      | $17407771.29  | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY, INC.                           | NEXTERA ENERGY INC                 | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    226960 | NS      | $18973856.00  | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ILUKA RESOURCES LIMITED                        | ILUKA RESOURCES LTD                | CUSIP: N/A<br>LEI: 2549009N2Y1F4YNB0955       | Long             | EC               | CORP              | AU        |   2892440 | NS      | $18763411.93  | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Electric Inc                           | IVANHOE ELECTRIC INC US            | CUSIP: 46578C108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    848615 | NS      | $10310672.25  | 2.52%             |  |  |  | No            |                  1 | On Loan: —       |
| IVANHOE PRIV PLCMT                             | IVANHOE PRIV PLCMT                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1719859 | NS      | $20896286.85  | 5.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| WHITECAP RESOURCES INC.                        | WHITECAP RESOURCES INC             | CUSIP: 96467A200<br>LEI: 5493004AMPGZA0JO5Q37 | Long             | EC               | CORP              | CA        |   7463872 | NS      | $59212575.92  | 14.45%            |  |  |  | No            |                  1 | On Loan: No      |
| SPRING VALLEY PIPE                             | SPRING VALLEY PIPE                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    563808 | NS      | $5784670.08   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| RANGE RESOURCES CORPORATION                    | RANGE RESOURCES CORP               | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |    148744 | NS      | $3721574.88   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY VAULT SA                                | ENERGY VAULT SA                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    248310 | NS      | $774727.20    | 0.19%             |  |  |  | Yes           |                  1 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO          | INVESCO GVT & AGNCY-INST           | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2585364 | NS      | $2585364.28   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| TOURMALINE OIL CORP.                           | TOURMALINE OIL CORP                | CUSIP: 89156V106<br>LEI: 549300LCHLN94A7Y1572 | Long             | EC               | CORP              | CA        |    172104 | NS      | $8685289.76   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS PARTNERS L.P.              | ENTERPRISE PRODUCTS PARTNERS LP    | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             |  | CORP              | US        |    744130 | NS      | $17948415.60  | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CORPORATION CAMECO                             | CAMECO CORP                        | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |   1454770 | NS      | $32978941.72  | 8.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTERO RESOURCES CORPORATION                   | ANTERO RESOURCES CORP              | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |    262984 | NS      | $8149874.16   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PUBLIC LIMITED COMPANY                   | LINDE PLC                          | CUSIP: G5494J103<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |     58902 | NS      | $19212654.36  | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                     | MSILF GOVERNMENT-INST              | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2393401 | NS      | $2393400.51   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNRISE ENERGY METALS LIMITED                  | SUNRISE ENERGY METALS LTD          | CUSIP: N/A<br>LEI: 529900AYAT2TIC68VA49       | Long             | EC               | CORP              | AU        |   5786876 | NS      | $7563102.02   | 1.85%             |  |  |  | No            |                  1 | On Loan: —       |
| Nuscale Power Corp                             | NUSCALE POWER CORP                 | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142608 | NS      | $1463158.08   | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| FIRST QUANTUM MINERALS LTD.                    | FIRST QUANTUM MINERALS LTD         | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |   1812914 | NS      | $37883983.65  | 9.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PEYTO EXPLORATION & DEVELOPMENT CORP.          | PEYTO EXPLORATION DEVELOPMENT CORP | CUSIP: 717046106<br>LEI: 549300WZKJ63UJDWP310 | Long             | EC               | CORP              | CA        |    428461 | NS      | $4389683.90   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Victory Portfolios

**Signature:** Allan Shaer

**Name of Signer:** Allan Shaer

**Title:** Treasurer