# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001004726-26-001364
**Filing Date:** 2026-2
**Character Count:** 27699
**Document Hash:** 8a06e360645e2fd8570826beaeaf1dd9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001364.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001364

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000802716

**ORGANIZATION NAME:**
- **EIN:** 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:** 26695733

**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 RS Partners Fund (Series ID: S000053561)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000168333 | Class A      | RSPFX           |
| C000168334 | Class R      | RSPKX           |
| C000168335 | Class Y      | RSPYX           |
| C000219866 | Member Class | RSPMX           |
| C000244343 | Class R6     | RPPRX           |

## 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:** 15935 La Cantera Parkway Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

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

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

- **a. Name of Series:** Victory RS Partners Fund

- **b. EDGAR series identifier (if any):** S000053561

- **c. LEI of Series:** 549300GYG26BSOTCMW34

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $579293854.54

**Total Liabilities:** $5079193.84

**Net Assets:** $574214660.70

**Cash Not Reported:** $16071916.45

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219866 | -2.58%               | 4.39%                | 0.35%                |
| Class ID C000244343 | -2.54%               | 4.39%                | 0.39%                |
| Class ID C000168335 | -2.58%               | 4.42%                | 0.38%                |
| Class ID C000168334 | -2.62%               | 4.33%                | 0.31%                |
| Class ID C000168333 | -2.63%               | 4.37%                | 0.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2258831.97             | $-12558400.62                              |
| Month 2  | $4175476.95              | $19555875.18                               |
| Month 3  | $2467064.64              | $-1045027.82                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PVH CORP.                                      | PVH CORP                                | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     85350 | NS      | $5720157.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBE LIFE INC.                                | GLOBE LIFE INC                          | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |    122160 | NS      | $17085297.60  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BATH & BODY WORKS, INC.                        | BATH BODY WORKS INC                     | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    468060 | NS      | $9398644.80   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT DEFENSE PROPERTIES                        | COPT DEFENSE PROPERTIES                 | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |    256200 | NS      | $7122360.00   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAINS GP HOLDINGS, L.P                        | PLAINS GP HOLDINGS LP                   | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             |  | CORP              | US        |    482250 | NS      | $9230265.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| INDEPENDENCE REALTY TRUST, INC                 | INDEPENDENCE REALTY TRUST INC           | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |    336690 | NS      | $5885341.20   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO          | INVESCO GVT & AGNCY-INST                | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2672483 | NS      | $2672482.75   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD NATIONAL BANCORP                           | OLD NATIONAL BANCORP                    | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    636560 | NS      | $14201653.60  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| RYERSON HOLDING CORPORATION                    | RYERSON HOLDING CORP                    | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |    255040 | NS      | $6416806.40   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X, INC.                                      | V2X INC                                 | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    222060 | NS      | $12113373.00  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VALVOLINE INC.                                 | VALVOLINE INC                           | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |    236780 | NS      | $6880826.80   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ENCOMPASS HEALTH CORPORATION                   | ENCOMPASS HEALTH CORP                   | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     67670 | NS      | $7182493.80   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PENNANT GROUP, INC.                        | PENNANT GROUP INC                       | CUSIP: 70805E109<br>LEI: 5493007H2OYR6BYLDA64 | Long             | EC               | CORP              | US        |    195550 | NS      | $5504732.50   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                     | MATSON INC                              | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     83260 | NS      | $10286773.00  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE NXT, CO.                                 | CRANE NXT CO                            | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |    164980 | NS      | $7765608.60   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY CORPORATION                    | GULFPORT ENERGY CORP                    | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     36600 | NS      | $7612434.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GRANITE CONSTRUCTION INCORPORATED              | GRANITE CONSTRUCTION INC                | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |     76750 | NS      | $8853112.50   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMVAULT SYSTEMS, INC.                        | COMMVAULT SYSTEMS INC                   | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     46770 | NS      | $5863087.20   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SCORPIO TANKERS INC.                           | SCORPIO TANKERS INC                     | CUSIP: Y7542C130<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |    139180 | NS      | $7074519.40   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR HOLDINGS, INC.                             | QCR HOLDINGS INC                        | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |     68270 | NS      | $5686891.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITE MOUNTAINS INSURANCE GROUP, LTD.          | WHITE MOUNTAINS INSURANCE GROUP LIMITED | CUSIP: G9618E107<br>LEI: 549300N3FL068JERBG02 | Long             | EC               | CORP              | BM        |      4010 | NS      | $8332900.30   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE, INC.                       | GROUP 1 AUTOMOTIVE INC                  | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     10530 | NS      | $4141449.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MADISON SQUARE GARDEN SPORTS CORP.             | MADISON SQ GARDEN SPORTS                | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23810 | NS      | $6158456.50   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIS BANCORP                                 | AMERIS BANCORP                          | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    209940 | NS      | $15592243.80  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| FOUR CORNERS PROPERTY TRUST, INC.              | FOUR CORNERS PROPERTY TRUST INC         | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |    427040 | NS      | $9847542.40   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| KNIFE RIVER CORPORATION                        | KNIFE RIVER CORP                        | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92480 | NS      | $6505968.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc              | ATMUS FILTRATION TECHNOLOGIES INC       | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    201070 | NS      | $10437543.70  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP                        | VALLEY NATIONAL BANCORP                 | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    721790 | NS      | $8430507.20   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BELDEN INC.                                    | BELDEN INC                              | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     72410 | NS      | $8439385.50   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ST. JOE COMPANY                            | ST JOE CO                               | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |    253310 | NS      | $15039014.70  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O AMERICA                                    | H20 AMERICA                             | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    171160 | NS      | $8385128.40   | 1.46%             |  |  |  | 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        |    658864 | NS      | $658863.87    | 0.11%             |  |  |  | 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        |   1110449 | NS      | $1110448.88   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TITAN MACHINERY INC.                           | TITAN MACHINERY INC                     | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |    219830 | NS      | $3306243.20   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| F.N.B. CORPORATION                             | FNB CORP                                | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |    901180 | NS      | $15410178.00  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ENSIGN GROUP, INC.                         | ENSIGN GROUP INC THE                    | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |     52740 | NS      | $9187308.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF INTERNATIONAL, INC.                        | ICF INTERNATIONAL INC                   | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |    118420 | NS      | $10101226.00  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HAMILTON INSURANCE GROUP, LTD.                 | HAMILTON INSURANCE GROUP LTD            | CUSIP: G42706104<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |    241090 | NS      | $6726411.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| HERBALIFE LTD.                                 | HERBALIFE LTD                           | CUSIP: G4412G101<br>LEI: 549300BA7TYPBSZZIA41 | Long             | EC               | CORP              | KY        |    388790 | NS      | $5011503.10   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWARD HUGHES HOLDINGS INC.                    | HOWARD HUGHES HOLDINGS INC              | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |     89780 | NS      | $7161750.60   | 1.25%             |  |  |  | No            |                  1 | On Loan: —       |
| UMB FINANCIAL CORPORATION                      | UMB FINANCIAL CORP                      | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |    130664 | NS      | $15031586.56  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| EURONET WORLDWIDE, INC.                        | EURONET WORLDWIDE INC                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |    112530 | NS      | $8564658.30   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| HAYWARD HOLDINGS, INC.                         | HAYWARD HOLDINGS INC                    | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    414480 | NS      | $6403716.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI HOLDINGS, INC.                            | YETI HOLDINGS INC                       | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |    149910 | NS      | $6621524.70   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| HELIOS TECHNOLOGIES, INC.                      | HELIOS TECHNOLOGIES INC                 | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |    133280 | NS      | $7129147.20   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ALAMO GROUP INC.                               | ALAMO GROUP INC                         | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |     21180 | NS      | $3555486.60   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK HILLS CORPORATION                        | BLACK HILLS CORP                        | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    200125 | NS      | $13892677.50  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION           | FIRST AMERICAN FINANCIAL CORP           | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |    139030 | NS      | $8542003.20   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Limited                            | NOMAD FOODS LTD                         | CUSIP: G6564A105<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    583600 | NS      | $7300836.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED BANKSHARES, INC.                        | UNITED BANKSHARES INC                   | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |    178140 | NS      | $6840576.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHASTAR PHARMACEUTICALS INC                  | AMPHASTAR PHARMACEUTICALS INC           | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |    171680 | NS      | $4597590.40   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDUSTRIAL CORPORATION PLC               | GATES INDUSTRIAL CORP PLC               | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    485460 | NS      | $10422826.20  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR MORRISON HOME CORPORATION               | TAYLOR MORRISON HOME CORP               | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     93120 | NS      | $5481974.40   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| GARRETT MOTION INC.                            | GARRETT MOTION INC                      | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |    841930 | NS      | $14674839.90  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CHEESECAKE FACTORY INCORPORATED            | CHEESECAKE FACTORY INCORPORATED         | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |    118080 | NS      | $5960678.40   | 1.04%             |  |  |  | No            |                  1 | On Loan: —       |
| WELLDOC INC SERIES B PREFERRED STOCK           | WELLDOC INC SERIES B PREFERRED STOCK    | CUSIP: 928CZC900<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1587483 | NS      | $587368.71    | 0.10%             |  |  |  | No            |                  3 | On Loan: No      |
| ARCBEST CORPORATION                            | ARCBEST CORP                            | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     84170 | NS      | $6244572.30   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY RESOURCES CORPORATION               | NEW JERSEY RESOURCES CORP               | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |    131780 | NS      | $6077693.60   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORPORATION                    | SOUTHSTATE BANK CORP                    | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100450 | NS      | $9453349.50   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TIDEWATER INC.                                 | TIDEWATER INC                           | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |    115190 | NS      | $5818246.90   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of N.T. Butterfield & Son Limited     | BANK OF NT BUTTERFIELD SON LTD THE      | CUSIP: G0772R208<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |    289680 | NS      | $14431857.60  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| COEUR MINING, INC.                             | COEUR MINING INC                        | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    460800 | NS      | $8216064.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TIMKEN COMPANY                             | TIMKEN CO                               | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |    140520 | NS      | $11821947.60  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mediaalpha Inc                                 | MEDIAALPHA INC                          | CUSIP: 58450V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    482370 | NS      | $6246691.50   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI WORLDWIDE, INC.                            | ACI WORLDWIDE INC                       | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |    175470 | NS      | $8389220.70   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMERICA, INC.                                | PRIMERICA INC                           | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |     24513 | NS      | $6333178.68   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TEREX CORPORATION                              | TEREX CORPORATION                       | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     99200 | NS      | $5295296.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ONTO INNOVATION INC.                           | ONTO INNOVATION INC                     | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     60140 | NS      | $9493700.40   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN OIL AND GAS, INC.                     | NORTHERN OIL AND GAS INC                | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    276970 | NS      | $5946545.90   | 1.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Renasant Corporation                           | RENASANT CORP                           | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |    292920 | NS      | $10316642.40  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Victory Portfolios

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer