# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001004726-25-002227
**Filing Date:** 2025-11
**Character Count:** 13450
**Document Hash:** e342c690b57e6f3c44d83b4733541f4f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-002227.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001004726-25-002227

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**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:** 251520310

**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 Investors Fund (Series ID: S000053583)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000168416 | Class A      | RSINX           |
| C000168417 | Class C      | RIVCX           |
| C000168419 | Class Y      | RSIYX           |

## 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 Investors Fund

- **b. EDGAR series identifier (if any):** S000053583

- **c. LEI of Series:** 549300GPW0YP6P6L5K67

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $84572711.57

**Total Liabilities:** $123859.50

**Net Assets:** $84448852.07

**Cash Not Reported:** $4028754.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000168416 | -1.35%               | 3.29%                | -0.06%               |
| Class ID C000168419 | -1.35%               | 3.32%                | 0.00%                |
| Class ID C000168417 | -1.44%               | 3.24%                | -0.15%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-451773.76              | $-833679.52                                |
| Month 2  | $254037.51               | $2756433.40                                |
| Month 3  | $234906.50               | $-262674.49                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALPHABET INC.                          | ALPHABET INC CLASS A                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     14060 | NS      | $3417986.00   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDUSTRIAL CORPORATION PLC       | GATES INDUSTRIAL CORP PLC               | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    138590 | NS      | $3439803.80   | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED     | FAIRFAX FINANCIAL HOLDINGS LTD          | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      1670 | NS      | $2922109.95   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIMBLE INC.                           | TRIMBLE INC                             | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     34030 | NS      | $2778549.50   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBE LIFE INC.                        | GLOBE LIFE INC                          | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     26560 | NS      | $3797283.20   | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc      | ATMUS FILTRATION TECHNOLOGIES INC       | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41140 | NS      | $1855002.60   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAINS GP HOLDINGS, L.P                | PLAINS GP HOLDINGS LP                   | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             |  | CORP              | US        |    128950 | NS      | $2352048.00   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ENCOMPASS HEALTH CORPORATION           | ENCOMPASS HEALTH CORP                   | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     18420 | NS      | $2339708.40   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| UNUM GROUP                             | UNUM GROUP                              | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     44540 | NS      | $3464321.20   | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group, Ltd.                    | EVEREST GROUP LTD                       | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      9750 | NS      | $3414742.50   | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINANCIAL CORPORATION              | UMB FINANCIAL CORP                      | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     28940 | NS      | $3425049.00   | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS, INC.       | SSNC TECHNOLOGIES HLDGS INC             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     34700 | NS      | $3079972.00   | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ST. JOE COMPANY                    | ST JOE CO                               | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |     51400 | NS      | $2543272.00   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITE MOUNTAINS INSURANCE GROUP, LTD.  | WHITE MOUNTAINS INSURANCE GROUP LIMITED | CUSIP: G9618E107<br>LEI: 549300N3FL068JERBG02 | Long             | EC               | CORP              | BM        |      1020 | NS      | $1704950.40   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SEALED AIR CORPORATION                 | SEALED AIR CORP                         | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     86720 | NS      | $3065552.00   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE LTD                               | NICE SYSTEM LTD SPONSORED ADR           | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             |  | CORP              | IL        |     19170 | NS      | $2775432.60   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Limited                    | NOMAD FOODS LTD                         | CUSIP: G6564A105<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    187540 | NS      | $2466151.00   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                 | CVS HEALTH CORP                         | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     44250 | NS      | $3336007.50   | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                        | CIGNA GROUP THE                         | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     10390 | NS      | $2994917.50   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MATTEL, INC.                           | MATTEL INC                              | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |    173290 | NS      | $2916470.70   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP.                      | FIRSTENERGY CORP                        | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     23350 | NS      | $1069897.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X, INC.                              | V2X INC                                 | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59820 | NS      | $3474943.80   | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                         | CITIGROUP INC                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     31010 | NS      | $3147515.00   | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI INTERNATIONAL INC.                | CACI INTERNATIONAL INC CLASS A          | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      7290 | NS      | $3636106.20   | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARMACEUTICAL INDUSTRIES LIMITED | TEVA PHARMACEUTICAL INDUSTRIES LTD      | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             |  | CORP              | IL        |    127010 | NS      | $2565602.00   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLL BROTHERS, INC.                    | TOLL BROTHERS INC                       | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     12700 | NS      | $1754378.00   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                | EXXON MOBIL CORP                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     21110 | NS      | $2380152.50   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSPERITY BANCSHARES, INC.            | PROSPERITY BANCSHARES INC               | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49400 | NS      | $3277690.00   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| EURONET WORLDWIDE, INC.                | EURONET WORLDWIDE INC                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     11690 | NS      | $1026498.90   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Victory Portfolios

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer