# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001752724-25-210028
**Filing Date:** 2025-8
**Character Count:** 13764
**Document Hash:** 4bf6cae0293811a807ef243125c555fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210028.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210028

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**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:** 251268198

**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:** 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:** 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:** 2025-06-30

**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:** $94028124.27

**Total Liabilities:** $113230.22

**Net Assets:** $93914894.05

**Cash Not Reported:** $4358865.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000168416 | -3.15%               | 1.79%                | 2.45%                |
| Class ID C000168419 | -3.08%               | 1.77%                | 2.46%                |
| Class ID C000168417 | -3.21%               | 1.74%                | 2.33%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2165042.86             | $271247.62                                 |
| Month 2  | $1033487.32              | $413727.71                                 |
| Month 3  | $1379342.12              | $808735.30                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LKQ CORPORATION                        | LKQ CORPORATION                         | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     72550 | NS      | $2685075.50   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                          | ALPHABET INC CLASS A                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      8030 | NS      | $1415126.90   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDUSTRIAL CORPORATION PLC       | GATES INDUSTRIAL CORP PLC               | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    161690 | NS      | $3723720.70   | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED     | FAIRFAX FINANCIAL HOLDINGS LTD          | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      1670 | NS      | $3014732.67   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIMBLE INC.                           | TRIMBLE INC                             | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     45370 | NS      | $3447212.60   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBE LIFE INC.                        | GLOBE LIFE INC                          | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     36310 | NS      | $4512969.90   | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAINS GP HOLDINGS, L.P                | PLAINS GP HOLDINGS LP                   | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             |  | CORP              | US        |    128950 | NS      | $2505498.50   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWARD HUGHES HOLDINGS INC.            | HOWARD HUGHES HOLDINGS INC              | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |     37830 | NS      | $2553525.00   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ENCOMPASS HEALTH CORPORATION           | ENCOMPASS HEALTH CORP                   | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     23180 | NS      | $2842563.40   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UNUM GROUP                             | UNUM GROUP                              | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     46990 | NS      | $3794912.40   | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group, Ltd.                    | EVEREST GROUP LTD                       | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      9440 | NS      | $3208184.00   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINANCIAL CORPORATION              | UMB FINANCIAL CORP                      | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     22290 | NS      | $2344016.40   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS, INC.       | SSNC TECHNOLOGIES HLDGS INC             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     41270 | NS      | $3417156.00   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITE MOUNTAINS INSURANCE GROUP, LTD.  | WHITE MOUNTAINS INSURANCE GROUP LIMITED | CUSIP: G9618E107<br>LEI: 549300N3FL068JERBG02 | Long             | EC               | CORP              | BM        |      2300 | NS      | $4130156.00   | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE LTD                               | NICE SYSTEM LTD SPONSORED ADR           | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             |  | CORP              | IL        |     19170 | NS      | $3238004.70   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Limited                    | NOMAD FOODS LTD                         | CUSIP: G6564A105<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    162850 | NS      | $2766821.50   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                 | CVS HEALTH CORP                         | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     48400 | NS      | $3338632.00   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                        | CIGNA GROUP THE                         | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      8800 | NS      | $2909104.00   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MATTEL, INC.                           | MATTEL INC                              | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |    101340 | NS      | $1998424.80   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP.                      | FIRSTENERGY CORP                        | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     87310 | NS      | $3515100.60   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X, INC.                              | V2X INC                                 | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63920 | NS      | $3103316.00   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                         | CITIGROUP INC                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     45640 | NS      | $3884876.80   | 4.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION   | FIRST AMERICAN FINANCIAL CORP           | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     25090 | NS      | $1540275.10   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC.                  | KEURIG DR PEPPER INC                    | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     78390 | NS      | $2591573.40   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAPHIC PACKAGING HOLDING COMPANY      | GRAPHIC PACKAGING HOLDING CO            | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124040 | NS      | $2613522.80   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI INTERNATIONAL INC.                | CACI INTERNATIONAL INC CLASS A          | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      7010 | NS      | $3341667.00   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARMACEUTICAL INDUSTRIES LIMITED | TEVA PHARMACEUTICAL INDUSTRIES LTD      | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             |  | CORP              | IL        |    120710 | NS      | $2023099.60   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                | EXXON MOBIL CORP                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     21110 | NS      | $2275658.00   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSPERITY BANCSHARES, INC.            | PROSPERITY BANCSHARES INC               | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52710 | NS      | $3702350.40   | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| EURONET WORLDWIDE, INC.                | EURONET WORLDWIDE INC                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     30540 | NS      | $3096145.20   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Victory Portfolios

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer