# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001004726-26-004278
**Filing Date:** 2026-5
**Character Count:** 20487
**Document Hash:** 3407cfd65ec8699fe87f92580c62cc60
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-004278.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001004726-26-004278

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**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:** 261032895

**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 Large Cap Alpha Fund (Series ID: S000053560)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000168329 | Class A      | GPAFX           |
| C000168330 | Class C      | RCOCX           |
| C000168332 | Class Y      | RCEYX           |

## 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 Large Cap Alpha Fund

- **b. EDGAR series identifier (if any):** S000053560

- **c. LEI of Series:** 549300KHCTM3U5X5J271

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $538613896.61

**Total Liabilities:** $396194.83

**Net Assets:** $538217701.78

**Cash Not Reported:** $20197685.19

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000168330 | 3.47%                | 2.88%                | -5.41%               |
| Class ID C000168329 | 3.52%                | 2.94%                | -5.33%               |
| Class ID C000168332 | 3.56%                | 2.94%                | -5.32%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $15331861.30             | $3527592.00                                |
| Month 2  | $7016319.43              | $8928880.05                                |
| Month 3  | $2699891.51              | $-33780200.45                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UNION PACIFIC CORPORATION                | UNION PACIFIC CORP                 | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     53910 | NS      | $13079644.20  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| UNUM GROUP                               | UNUM GROUP                         | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |    106340 | NS      | $7766010.20   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                | CBOE GLOBAL MARKETS INC            | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     44280 | NS      | $12445779.60  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY             | PROCTER GAMBLE CO                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     57980 | NS      | $8374631.20   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                           | CITIGROUP INC                      | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    132040 | NS      | $14974656.40  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                             | US BANCORP                         | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    189740 | NS      | $9868377.40   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CHECK POINT SOFTWARE TECHNOLOGIES LTD.   | CHECK POINT SOFTWARE TECHNOLOGIES  | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |     63230 | NS      | $9032405.50   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED       | FAIRFAX FINANCIAL HOLDINGS LTD     | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      6220 | NS      | $10599892.44  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                       | EXELON CORP                        | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    293490 | NS      | $14386879.80  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG INDUSTRIES, INC.                     | PPG INDUSTRIES INC                 | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     85190 | NS      | $9105107.20   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS, INC.         | SSNC TECHNOLOGIES HLDGS INC        | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     82450 | NS      | $5571146.50   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS HOLDING CORP.                   | US FOODS HOLDING CORP              | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     99260 | NS      | $9152764.60   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORPORATION                     | AMPHENOL CORP CLASS A              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     36940 | NS      | $4667369.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS, INC.                  | APPLIED MATERIALS INC              | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     13080 | NS      | $4470613.20   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                   | CVS HEALTH CORP                    | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    125590 | NS      | $9019873.80   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DARDEN RESTAURANTS, INC.                 | DARDEN RESTAURANTS INC             | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     22790 | NS      | $4467751.60   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MATTEL, INC.                             | MATTEL INC                         | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |    510500 | NS      | $7417565.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                  | KEYCORP                            | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    812590 | NS      | $16292429.50  | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC.          | GE HEALTHCARE TECHNOLOGIES INC     | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     70690 | NS      | $5031714.20   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CORPAY, INC.                             | CORPAY INC                         | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     43680 | NS      | $12710443.20  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                            | ALPHABET INC CLASS A               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     47220 | NS      | $13578583.20  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                          | CIGNA GROUP THE                    | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     52820 | NS      | $14089735.00  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON STOCK EXCHANGE GROUP PLC          | LONDON STOCK EXCHANGE GROUP PLC    | CUSIP: 54211Y107<br>LEI: 213800QAUUUP6I445N30 | Long             |  | CORP              | GB        |    431250 | NS      | $12864187.50  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORPORATION                        | FEDEX CORP                         | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     41180 | NS      | $14667492.40  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| HONEYWELL INTERNATIONAL INCORPORATION    | HONEYWELL INTERNATIONAL INC        | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     59830 | NS      | $13523374.90  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ZEBRA TECHNOLOGIES CORPORATION           | ZEBRA TECHNOLOGIES CORP            | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |     45700 | NS      | $9554956.00   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC.                              | ABBVIE INC                         | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     38980 | NS      | $8477760.20   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES, INC.                     | ANALOG DEVICES INC                 | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     33990 | NS      | $10813578.60  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TOLL BROTHERS, INC.                      | TOLL BROTHERS INC                  | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     51610 | NS      | $7043216.70   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK, INC.                             | AMETEK INC                         | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     57320 | NS      | $12287115.20  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKET COMPANIES, INC.                   | ROCKET COS INC                     | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    308540 | NS      | $4396695.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                        | JOHNSON JOHNSON                    | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     51380 | NS      | $12559327.20  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                  | EXXON MOBIL CORP                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    119660 | NS      | $20301515.60  | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                | VALERO ENERGY CORP                 | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     43330 | NS      | $10705976.40  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORPORATION PUBLIC LIMITED COMPANY | EATON CORP PLC                     | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     30930 | NS      | $11062733.10  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS, INC.          | REGENERON PHARMACEUTICALS INC      | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     10880 | NS      | $8406323.20   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                     | JPMORGAN CHASE CO                  | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     30200 | NS      | $8883632.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI INTERNATIONAL INC.                  | CACI INTERNATIONAL INC CLASS A     | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |     16590 | NS      | $9022803.30   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.    | AMERICAN ELECTRIC POWER CO INC     | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     82450 | NS      | $10807546.00  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC.                    | KEURIG DR PEPPER INC               | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    182450 | NS      | $4803908.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.             | MONDELEZ INTERNATIONAL INC         | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    135590 | NS      | $7815407.60   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                         | AMAZON COM INC                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     50790 | NS      | $10578033.30  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARMACEUTICAL INDUSTRIES LIMITED   | TEVA PHARMACEUTICAL INDUSTRIES LTD | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             |  | CORP              | IL        |    584330 | NS      | $17600019.60  | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY LIFESTYLE PROPERTIES, INC.        | EQUITY LIFESTYLE PROPERTIES INC    | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    155710 | NS      | $9719418.20   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKETAXESS HOLDINGS INC.                | MARKETAXESS HOLDINGS INC           | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     44650 | NS      | $7366357.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| LEIDOS HOLDINGS, INC.                    | LEIDOS HOLDINGS INC                | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     48430 | NS      | $7531833.60   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS PARTNERS L.P.        | ENTERPRISE PRODUCTS PARTNERS LP    | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             |  | CORP              | US        |    372150 | NS      | $14082156.00  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORPORATION                          | RTX CORP                           | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     51582 | NS      | $9950167.80   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                      | NEWMONT CORP                       | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     61800 | NS      | $6689850.00   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DOVER CORPORATION                        | DOVER CORP                         | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     45630 | NS      | $9511573.50   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY         | MEDTRONIC PLC                      | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    123940 | NS      | $10739401.00  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Victory Portfolios

**Signature:** Carol D. Trevino

**Name of Signer:** Carol D. Trevino

**Title:** Treasurer