# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-001295
**Filing Date:** 2026-2
**Character Count:** 10095
**Document Hash:** 638ae7a2e2c782e1a9dd6874328db9d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001295.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001295

**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**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios II
- **CENTRAL INDEX KEY:** 0001547580

**ORGANIZATION NAME:**
- **EIN:** 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:** 26694467

**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 WestEnd Global Equity ETF (Series ID: S000085471)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000250754 | VictoryShares WestEnd Global Equity ETF | GLOW            |

## 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:** 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:** VictoryShares WestEnd Global Equity ETF

- **b. EDGAR series identifier (if any):** S000085471

- **c. LEI of Series:** 2549005Q06VLS7N9P697

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

- **a. Date of fiscal year-end:** 2026-06-30

- **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:** $37305734.51

**Total Liabilities:** $928986.93

**Net Assets:** $36376747.58

**Cash Not Reported:** $46839.33

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250754 | 1.99%                | 0.19%                | 0.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $290881.24                                 |
| Month 2  | $-84978.17               | $373836.95                                 |
| Month 3  | $-2248.68                | $50500.56                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares Expanded Tech Sector ETF                         | ISHARES EXPANDED TECH SECTOR                       | CUSIP: 464287549<br>LEI: N/A                  | Long             |  | RF                | US        |      9175 | NS      | $1185043.00   | 3.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Vanguard Pacific Stock Index Fund                        | VANGUARD FTSE PACIFIC ETF                          | CUSIP: 922042866<br>LEI: N/A                  | Long             |  | RF                | US        |     29649 | NS      | $2680269.60   | 7.37%             |  |  |  | No            |                  1 | On Loan: No      |
| The Technology Select Sector SPDR Fund                   | STATE STREET TECHNOLOGY SELECT                     | CUSIP: 81369Y803<br>LEI: 549300BR5T0JNM2MW070 | Long             |  | RF                | US        |     37021 | NS      | $5329913.37   | 14.65%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Emerging Markets Asia ETF                   | ISHARES MSCI EMERGING MARKETS ASIA ETF             | CUSIP: 464286426<br>LEI: N/A                  | Long             |  | RF                | US        |     28360 | NS      | $2666407.20   | 7.33%             |  |  |  | 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        |    224350 | NS      | $224350.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI Europe ETF                             | ISHARES CORE MSCI EUROPE ETF                       | CUSIP: 46434V738<br>LEI: N/A                  | Long             |  | RF                | US        |     12962 | NS      | $920042.76    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                               | MSILF GOVERNMENT-INST                              | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    224350 | NS      | $224350.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares Biotechnology ETF                | ISHARES BIOTECHNOLOGY ETF                          | CUSIP: 464287556<br>LEI: 549300S7IVD88MPK0066 | Long             | EC               | RF                | US        |      6932 | NS      | $1169913.64   | 3.22%             |  |  |  | No            |                  1 | On Loan: —       |
| iShares Core S&P Small-Cap ETF                           | ISHARES CORE S P SMALL CAP ETF                     | CUSIP: 464287804<br>LEI: 549300BZQ17QYN750B25 | Long             |  | RF                | US        |     15446 | NS      | $1856300.28   | 5.10%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Health Care Select Sector SPDR ETF          | STATE STREET HEALTH CARE SELEC                     | CUSIP: 81369Y209<br>LEI: N/A                  | Long             |  | RF                | US        |     18789 | NS      | $2908537.20   | 8.00%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Utilities Select Sector SPDR ETF            | STATE STREET UTILITIES SELECT SECTOR SPDR ETF      | CUSIP: 81369Y886<br>LEI: N/A                  | Long             |  | RF                | US        |     25728 | NS      | $1098328.32   | 3.02%             |  |  |  | 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        |    224350 | NS      | $224350.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Communication Services Select Sector SPDR Fund           | STATE STREET COMMUNICATION SERVICES SELECT SECTOR  | CUSIP: 81369Y852<br>LEI: 549300RPODKQJE2HDW24 | Long             |  | RF                | US        |     30999 | NS      | $3649202.28   | 10.03%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Cons Staples Sel Sec SPDR Inc ETF           | STATE STREET CONSUMER STAPLES SELECT SECTOR SPDR E | CUSIP: 81369Y308<br>LEI: N/A                  | Long             |  | RF                | US        |     29564 | NS      | $2296531.52   | 6.31%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Cons Disc Sel Sect SPDR Income ETF          | STATE STREET CONSUMER DISCRETIONARY SELECT S SPDR  | CUSIP: 81369Y407<br>LEI: N/A                  | Long             |  | RF                | US        |     10113 | NS      | $1207593.33   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard FTSE All World ex US Index Fund Investor Shares | VANGUARD FTSE ALL WORLD EX US ETF                  | CUSIP: 922042775<br>LEI: N/A                  | Long             |  | RF                | US        |     61472 | NS      | $4521880.32   | 12.43%            |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                    | INVESCO GVT & AGNCY-INST                           | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    224350 | NS      | $224350.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| The Financial Select Sector SPDR Fund                    | STATE STREET FINANCIAL SELECT                      | CUSIP: 81369Y605<br>LEI: 549300Y12KQ6ZG08NY28 | Long             |  | RF                | US        |     88859 | NS      | $4866807.43   | 13.38%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer