# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001752724-23-041016
**Filing Date:** 2023-2
**Character Count:** 27502
**Document Hash:** 58a4b78c71c97890fc4ba1e8f2079edc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041016.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041016

**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
- **CENTRAL INDEX KEY:** 0000802716
- **IRS NUMBER:** 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:** 23670801

**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 Munder Mid-Cap Core Growth Fund (Series ID: S000046392)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000144972 | Class A      | MGOAX           |
| C000144973 | Class C      | MGOTX           |
| C000144974 | Class R      | MMSRX           |
| C000144975 | Class R6     | MGOSX           |
| C000144976 | Class Y      | MGOYX           |

## 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 Munder Mid-Cap Core Growth Fund

- **b. EDGAR series identifier (if any):** S000046392

- **c. LEI of Series:** 549300T8YEUSUURLI085

**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:** $347262133.55

**Total Liabilities:** $551113.48

**Net Assets:** $346711020.07

**Cash Not Reported:** $2700947.01

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000144972 | 8.45%                | 4.14%                | -6.45%               |
| Class ID C000144975 | 8.52%                | 4.07%                | -6.34%               |
| Class ID C000144976 | 8.52%                | 4.04%                | -6.41%               |
| Class ID C000144974 | 8.39%                | 4.00%                | -6.34%               |
| Class ID C000144973 | 7.69%                | 4.46%                | -6.47%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1168775.40             | $30331879.49                               |
| Month 2  | $958208.45               | $13854963.79                               |
| Month 3  | $-1623086.39             | $-22550930.32                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CYBERARK SOFTWARE LTD.                   | CYBERARK SOFTWARE LTD             | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |     22300 | NS      | $2891195.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES INC.                     | VICI PROPERTIES INC               | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    140200 | NS      | $4542480.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities, Inc.                | ESSENTIAL UTILITIES INC           | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |     40300 | NS      | $1923519.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                 | DIAMONDBACK ENERGY INC            | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     43600 | NS      | $5963608.00   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS, INC.                           | SYNOPSYS INC                      | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     24000 | NS      | $7662960.00   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HALOZYME THERAPEUTICS, INC.              | HALOZYME THERAPEUTICS INC         | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |    121500 | NS      | $6913350.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.               | CROWDSTRIKE HOLDINGS INC A        | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     26700 | NS      | $2811243.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Copa Holdings, S.A.                      | COPA HOLDINGS SA                  | CUSIP: P31076105<br>LEI: 529900BB9UQJV6QQHA59 | Long             | EC               | CORP              | PA        |     40000 | NS      | $3326800.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES, INC.                    | SUN COMMUNITIES INC               | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     33716 | NS      | $4821388.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEMS, INC.          | ADVANCED DRAINAGE SYSTEMS INC     | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     20900 | NS      | $1713173.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| POOL CORPORATION                         | POOL CORPORATION                  | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |     15000 | NS      | $4534950.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | MARRIOTT VACATIONS WORLDWIDE CORP | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |     25921 | NS      | $3488707.39   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMENT, INC.          | LIVE NATION ENTERTAINMENT INC     | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |     54344 | NS      | $3789950.56   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW CORPORATION                          | CDW CORP OF DELAWARE              | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     41759 | NS      | $7457322.22   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VERISK ANALYTICS, INC.                   | VERISK ANALYTICS INC              | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     15800 | NS      | $2787436.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY, INC.                    | CHENIERE ENERGY INC               | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     44700 | NS      | $6703212.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TRUST, INC.               | DIGITAL REALTY TRUST INC          | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     17046 | NS      | $1709202.42   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. HORTON, INC.                        | DR HORTON INC                     | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     67800 | NS      | $6043692.00   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| TFI International Inc.                   | TFI INTERNATIONAL INC             | CUSIP: 87241L109<br>LEI: 5493007R9W7KO7SJN678 | Long             | EC               | CORP              | CA        |     44100 | NS      | $4420584.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA HOLDINGS INC                       | IQVIA HOLDINGS INC                | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     28200 | NS      | $5777898.00   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD DOMINION FREIGHT LINE, INC.          | OLD DOMINION FREIGHT LINE INC     | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |     13450 | NS      | $3816841.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORPORATION                     | AMPHENOL CORP CLASS A             | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     81320 | NS      | $6191704.80   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPHASE ENERGY, INC.                     | ENPHASE ENERGY INC                | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      5600 | NS      | $1483776.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXCOM, INC.                             | DEXCOM INC                        | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     50500 | NS      | $5718620.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS, INC.           | MONOLITHIC POWER SYSTEMS INC      | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     12600 | NS      | $4455486.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corporation                | REGAL REXNORD CORP                | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     17700 | NS      | $2123646.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEDYNE TECHNOLOGIES INCORPORATED       | TELEDYNE TECHNOLOGIES INC         | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     15600 | NS      | $6238596.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC.                                | MSCI INC COMMON                   | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     14400 | NS      | $6698448.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS INC.            | FACTSET RESEARCH SYSTEMS INC      | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |     12800 | NS      | $5135488.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK, INC.                             | AMETEK INC                        | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     40400 | NS      | $5644688.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| W. R. BERKLEY CORPORATION                | WR BERKLEY CORP                   | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |    110350 | NS      | $8008099.50   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO CORPORATION                        | HEICO CORP                        | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     43600 | NS      | $6698704.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| INSULET CORPORATION                      | INSULET CORP                      | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |     18000 | NS      | $5299020.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TRADE DESK, INC.                     | THE TRADE DESK INC CLASS A        | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |     90300 | NS      | $4048149.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ETSY, INC.                               | ETSY INC                          | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |     42100 | NS      | $5042738.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYLOCITY HOLDING CORPORATION            | PAYLOCITY HOLDING CORP            | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     17800 | NS      | $3457828.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP, INC.                       | COSTAR GROUP INC                  | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71800 | NS      | $5548704.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE, INC.                           | AUTOZONE INC                      | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |      2600 | NS      | $6412068.00   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES, INC.              | KEYSIGHT TECHNOLOGIES INC         | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |     34700 | NS      | $5936129.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| AVERY DENNISON CORPORATION               | AVERY DENNISON CORP               | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |     40900 | NS      | $7402900.00   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST WEST BANCORP, INC.                  | EAST WEST BANCORP INC             | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67700 | NS      | $4461430.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CHART INDUSTRIES, INC.                   | CHART INDUSTRIES INC              | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     34400 | NS      | $3963912.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORPORATION                          | KLA CORP                          | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      9300 | NS      | $3506379.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA ENERGY                            | SEMPRA ENERGY                     | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     45139 | NS      | $6975781.06   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PERFORMANCE FOOD GROUP COMPANY           | PERFORMANCE FOOD GROUP CO         | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     92700 | NS      | $5412753.00   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR, Inc.                                | NVR INC                           | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       900 | NS      | $4151322.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corporation           | SBA COMMUNICATIONS CORP           | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     18003 | NS      | $5046420.93   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE INC.                            | EVERCORE INC                      | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     32300 | NS      | $3523284.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intra-Cellular Therapies Inc             | INTRA CELLULAR THERAPIES INC      | CUSIP: 46116X101<br>LEI: 5299002U2KGF193IJA20 | Long             | EC               | CORP              | US        |     47500 | NS      | $2513700.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIR ISAAC CORPORATION                   | FAIR ISAAC CORP                   | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |     12700 | NS      | $7601966.00   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORPORATION                 | ATMOS ENERGY CORPORATION          | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     49400 | NS      | $5536258.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDPACE HOLDINGS, INC.                   | MEDPACE HOLDINGS INC              | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     29100 | NS      | $6181131.00   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NEUROCRINE BIOSCIENCES, INC.             | NEUROCRINE BIOSCIENCES INC        | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     42900 | NS      | $5123976.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC CORPORATION                          | FMC CORP                          | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     56800 | NS      | $7088640.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORPORATION               | DOLLAR GENERAL CORP               | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     17300 | NS      | $4260125.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL, INC.             | CHIPOTLE MEXICAN GRILL INC        | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2600 | NS      | $3607474.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CHURCH & DWIGHT CO., INC.                | CHURCH DWIGHT CO INC              | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     23900 | NS      | $1926579.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN & BROWN, INC.                      | BROWN BROWN INC                   | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     64900 | NS      | $3697353.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LOUISIANA-PACIFIC CORPORATION            | LOUISIANA PACIFIC CORP            | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |     34100 | NS      | $2018720.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| BURLINGTON STORES, INC.                  | BURLINGTON STORES INC             | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |     23600 | NS      | $4785136.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOETIS INC.                              | ZOETIS INC                        | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     26530 | NS      | $3887971.50   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                      | EOG RESOURCES INC                 | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     42000 | NS      | $5439840.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| AGILENT TECHNOLOGIES, INC.               | AGILENT TECHNOLOGIES INC          | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     50793 | NS      | $7601172.45   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                   | TRANE TECHNOLOGIES PLC            | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     36600 | NS      | $6152094.00   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| KINSALE CAPITAL GROUP, INC.              | KINSALE CAPITAL GROUP INC         | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |     21100 | NS      | $5518072.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LITHIA MOTORS, INC.                      | LITHIA MOTORS INC                 | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |      9700 | NS      | $1985978.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CASEY'S GENERAL STORES, INC.             | CASEY S GENERAL STORES INC        | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     29100 | NS      | $6528585.00   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX CORPORATION                         | IDEX CORP                         | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     28400 | NS      | $6484572.00   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| THE MIDDLEBY CORPORATION                 | MIDDLEBY CORP                     | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     14000 | NS      | $1874600.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSS STORES, INC.                        | ROSS STORES INC                   | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     37400 | NS      | $4341018.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO INTERNATIONAL, INC.                | WESCO INTERNATIONAL               | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     43500 | NS      | $5446200.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| FREEPORT-MCMORAN INC.                    | FREEPORT MCMORAN INC              | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     76000 | NS      | $2888000.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Victory Portfolios

**Signature:** Allan Shaer

**Name of Signer:** Allan Shaer

**Title:** Treasurer