# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001752724-23-041006
**Filing Date:** 2023-2
**Character Count:** 21787
**Document Hash:** ce18a40c48f47677e477a97429275989
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041006.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041006

**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**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios II
- **CENTRAL INDEX KEY:** 0001547580
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22696
- **FILM NUMBER:** 23670791

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2411

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Compass EMP Funds Trust
- **DATE OF NAME CHANGE:** 20120417

## Series and Classes Contracts Data

### VictoryShares Nasdaq Next 50 ETF (Series ID: S000069387)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000221407 | VictoryShares Nasdaq Next 50 ETF |  |

## 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 II

- **b. Investment Company Act file number:** 811-22696

- **c. CIK number of Registrant:** 0001547580

- **d. LEI of Registrant:** 5493002SUQLUY3T5P040

- **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:** VictoryShares Nasdaq Next 50 ETF

- **b. EDGAR series identifier (if any):** S000069387

- **c. LEI of Series:** 5493001RP40JTP3LXW62

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

- **a. Date of fiscal year-end:** 2023-06-30

- **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:** $92696905.33

**Total Liabilities:** $68224.94

**Net Assets:** $92628680.39

**Cash Not Reported:** $164000.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000221407 | 8.27%                | 5.69%                | -5.79%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-81558.81               | $7525210.04                                |
| Month 2  | $2100871.94              | $3230443.30                                |
| Month 3  | $-4761172.08             | $-1042348.38                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ZoomInfo Technologies Inc                   | ZOOMINFO TECHNOLOGIES INC A                | CUSIP: 98980F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44922 | NS      | $1352601.42   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TRACTOR SUPPLY COMPANY                      | TRACTOR SUPPLY CO                          | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     12293 | NS      | $2765556.21   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TRADE DESK, INC.                        | THE TRADE DESK INC CLASS A                 | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     49556 | NS      | $2221595.48   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BAIDU, INC.                                 | BAIDU INC ADR                              | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             |  | CORP              | KY        |     17697 | NS      | $2024182.86   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                             | FOX CORP CLASS B                           | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     26733 | NS      | $760553.85    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ CORPORATION                             | LKQ CORPORATION                            | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     29734 | NS      | $1588092.94   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR, INC.                           | FIRST SOLAR INC                            | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     11864 | NS      | $1777108.56   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL INC.                | BIOMARIN PHARMACEUTICAL INC                | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     20683 | NS      | $2140483.67   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NORDSON CORPORATION                         | NORDSON CORP                               | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      6367 | NS      | $1513563.24   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC.                            | GEN DIGITAL INC                            | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     72489 | NS      | $1553439.27   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE, INC.         | TAKE TWO INTERACTIVE SOFTWARE              | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     18677 | NS      | $1944836.01   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HORIZON THERAPEUTICS PUBLIC LIMITED COMPANY | HORIZON THERAPEUTICS PLC                   | CUSIP: G46188101<br>LEI: 529900P0GSQ79OOZEV53 | Long             | EC               | CORP              | IE        |     25220 | NS      | $2870036.00   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWORKS SOLUTIONS, INC.                    | SKYWORKS SOLUTIONS INC                     | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     17824 | NS      | $1624301.12   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIMBLE INC.                                | TRIMBLE INC                                | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     27447 | NS      | $1387720.32   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| JACK HENRY & ASSOCIATES, INC.               | JACK HENRY ASSOCIATES INC                  | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      8118 | NS      | $1425196.08   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SPLUNK INC.                                 | SPLUNK INC                                 | CUSIP: 848637104<br>LEI: 549300XGDSGBP6UEI867 | Long             | EC               | CORP              | US        |     18106 | NS      | $1558745.54   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC.                                | VIATRIS INC                                | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    134959 | NS      | $1502093.67   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI SA                                   | SANOFI ADR                                 | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             |  | CORP              | FR        |     32161 | NS      | $1557557.23   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPEDITORS INTERNATIONAL OF WASHINGTON, INC | EXPEDITORS INTERNATIONAL OF WASHINGTON INC | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     17710 | NS      | $1840423.20   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BioNTech SE                                 | BIONTECH SE ADR                            | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             |  | CORP              | DE        |     10235 | NS      | $1537501.70   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS, INC.              | MONOLITHIC POWER SYSTEMS INC               | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      5224 | NS      | $1847258.64   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| VERISIGN, INC.                              | VERISIGN INC                               | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     11798 | NS      | $2423781.12   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYLOCITY HOLDING CORPORATION               | PAYLOCITY HOLDING CORP                     | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |      6196 | NS      | $1203634.96   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PUBLIC LIMITED COMPANY                 | ICON PLC                                   | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |      9086 | NS      | $1764955.50   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. HUNT TRANSPORT SERVICES, INC.         | J B HUNT TRANSPORT SERVICES INC            | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     11522 | NS      | $2008975.92   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPEDIA GROUP, INC.                         | EXPEDIA GROUP INC                          | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16756 | NS      | $1467825.60   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| AKAMAI TECHNOLOGIES, INC.                   | AKAMAI TECHNOLOGIES INC                    | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |     17499 | NS      | $1475165.70   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NETAPP, INC.                                | NETAPP INC                                 | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     24191 | NS      | $1452911.46   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Yandex N.V.                                 | YANDEX NV                                  | CUSIP: N97284108<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | EC               | CORP              | NL        |     45921 | NS      | $8697.44      | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ULTA BEAUTY, INC.                           | ULTA BEAUTY INC                            | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      5700 | NS      | $2673699.00   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYALTY PHARMA PLC                          | ROYALTY PHARMA PLC                         | CUSIP: G7709Q104<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |     49090 | NS      | $1940036.80   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORPORATION                          | INCYTE PHARMACEUTICALS INC                 | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     24759 | NS      | $1988642.88   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS, INC.               | ALNYLAM PHARMACEUTICALS INC                | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     13692 | NS      | $3253903.80   | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MONGODB, INC.                               | MONGODB INC                                | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      7646 | NS      | $1505038.64   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLAREDGE TECHNOLOGIES, INC.                | SOLAREDGE TECHNOLOGIES INC                 | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | US        |      6221 | NS      | $1762222.67   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANT ENERGY CORPORATION                  | ALLIANT ENERGY CORP                        | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     27936 | NS      | $1542346.56   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLOGIC, INC.                               | HOLOGIC INC                                | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     27358 | NS      | $2046651.98   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NASDAQ 100 E MINI FUTURE MAR23              | NASDAQ 100 E MINI FUTURE MAR23             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $-9169.10     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CDW CORPORATION                             | CDW CORP OF DELAWARE                       | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     15067 | NS      | $2690664.86   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| TERADYNE, INC.                              | TERADYNE INC                               | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     17334 | NS      | $1514124.90   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORPORATION                | ON SEMICONDUCTOR CORP                      | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     48125 | NS      | $3001556.25   | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA EUROPACIFIC PARTNERS PLC          | COCA COLA EUROPEAN PARTNERS PLC            | CUSIP: G25839104<br>LEI: 549300LTH67W4GWMRF57 | Long             | EC               | CORP              | GB        |     50849 | NS      | $2812966.68   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| INSULET CORPORATION                         | INSULET CORP                               | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      7729 | NS      | $2275340.31   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.              | UNITED AIRLINES HOLDINGS INC               | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     36384 | NS      | $1371676.80   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| APA CORPORATION                             | APA CORP                                   | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     35781 | NS      | $1670257.08   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                             | FOX CORP CLASS A                           | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     33662 | NS      | $1022314.94   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ZEBRA TECHNOLOGIES CORPORATION              | ZEBRA TECHNOLOGIES CORP                    | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |      5746 | NS      | $1473331.86   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CHECK POINT SOFTWARE TECHNOLOGIES LTD.      | CHECK POINT SOFTWARE TECHNOLOGIES          | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |     13957 | NS      | $1760815.12   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CHESAPEAKE ENERGY CORPORATION               | CHESAPEAKE ENERGY CORP                     | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     14909 | NS      | $1406962.33   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS, INC.            | SSNC TECHNOLOGIES HLDGS INC                | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     28035 | NS      | $1459502.10   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY BROADBAND CORPORATION               | LIBERTY BROADBAND CLASS C                  | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |     14167 | NS      | $1080517.09   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS, INC.                        | STEEL DYNAMICS INC                         | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     19539 | NS      | $1908960.30   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC.                                    | PTC INC                                    | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |     13073 | NS      | $1569282.92   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY BROADBAND CORPORATION               | LIBERTY BROADBAND CLASS A                  | CUSIP: 530307107<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |      2100 | NS      | $159285.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Victory Portfolios II

**Signature:** Allan Shaer

**Name of Signer:** Allan Shaer

**Title:** Treasurer