# EDGAR Filing Document

**Accession Number:** 0001570827
**File Stem:** 0001157523-23-000041
**Filing Date:** 2023-1
**Character Count:** 10869
**Document Hash:** 0a23804a1c0b8cd6ff803506d7b8ebe3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001157523-23-000041.hdr.sgml**: 20230111

**ACCESSION NUMBER**: 0001157523-23-000041

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230111

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230111

**DATE AS OF CHANGE**: 20230111

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Capital Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001570827
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38388
- **FILM NUMBER:** 23523929

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMANN ROAD
- **STREET 2:** 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2400

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMANN ROAD
- **STREET 2:** 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

------

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

------

### FORM 8-K

------

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### January 11, 2023

#### Date of Report (date of earliest event reported)

------

### Victory Capital Holdings, Inc.
(Exact name of registrant as specified in its charter)

------

---

| | | |
|:---|:---|:---|
| **Delaware**<br>| **001-38388**<br>| **32-0402956**<br>|
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |

---

---

| | |
|:---|:---|
| **15935 La Cantera Parkway; San Antonio, Texas** | **78256**<br>|
| (Address of principal executive offices) | (Zip Code) |

---

(216) 898-2400

(Registrant's telephone number, including area code)

#### Not Applicable
(Former name or former address, if changed since last report)

------

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, Par Value $0.01<br>| VCTR<br>| NASDAQ<br>|

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

#### Item 8.01. Other Events.
On January 11, 2023, Victory Capital Holdings, Inc., (the "Company") issued a press release reporting certain information about the Company's assets under management ("AUM") as of December 31, 2022. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

#### Item 9.01. Financial Statements and Exhibits.
(d) Exhibits

---

| | | |
|:---|:---|:---|
| **Exhibit** |  |  |
| **Number** |  | **Description** |
| [99.1](a53202239ex991.htm) |  | [Press release reporting December AUM dated January 11, 2023.](a53202239ex991.htm) |

---

------

#### SIGNATURE(S)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **VICTORY CAPITAL HOLDINGS, INC.** | **VICTORY CAPITAL HOLDINGS, INC.** |
| Date: January 11, 2023 | By: | /s/ MICHAEL D. POLICARPO |
|  |  | Name: Michael D. Policarpo |
|  |  | Title: President, Chief Financial Officer and Chief Administrative Officer |

---

## Exhibit 99.1

**Exhibit 99.1**<br>

# **Victory Capital Reports December 2022 Assets Under Management** 
 ***Schedules Fourth-Quarter Financial Results Conference Call for February 10*** 

SAN ANTONIO--(BUSINESS WIRE)--January 11, 2023--Victory Capital Holdings, Inc. (NASDAQ: VCTR) ("Victory Capital" or the "Company") today reported assets under management (AUM) of $153.0 billion as of December 31, 2022, and average assets under management for the fourth quarter period of $154.6 billion. The Company also reported long-term net flows in the fourth quarter were -$4.4 billion, resulting in year-to-date long-term net flows of -$2.5 billion.

---

| | | |
|:---|:---|:---|
| **Victory Capital Holdings, Inc.**  | **Victory Capital Holdings, Inc.**  | **Victory Capital Holdings, Inc.**  |
| **Assets Under Management**<sup>1</sup>  | **Assets Under Management**<sup>1</sup>  | **Assets Under Management**<sup>1</sup>  |
| ***(unaudited; in millions)***  | ***(unaudited; in millions)***  | ***(unaudited; in millions)***  |
|  | **As of:**  | **As of:**  |
|  **By Asset Class**  | **Dec. 31, 2022**  | **Nov. 30, 2022**  |
|  Solutions  | $51507  | $54329  |
|  Fixed Income  | 26353  | 26957  |
|  U.S. Mid Cap Equity  | 27892  | 29962  |
|  U.S. Small Cap Equity  | 15103  | 16114  |
|  U.S. Large Cap Equity  | 10973  | 11795  |
|  Global / Non-U.S. Equity  | 14160  | 14644  |
|  Alternative Investments  | 3663  | 4366  |
|  **Total Long-Term Assets**  | $**149649**  | $**158166**  |
|  Money Market / Short Term Assets  | 3302  | 3284  |
|  **Total Assets Under Management**  | $**152952**  | $**161450**  |
|  **By Vehicle**  |  |  |
|  Mutual Funds<sup>2</sup>  | $99447  | $104606  |
|  Separate Accounts and Other Pooled Vehicles<sup>3</sup>  | 47877  | 51034  |
|  ETFs<sup>4</sup>  | 5627  | 5810  |
|  **Total Assets Under Management**  | $**152952**  | $**161450**  |
| *<sup>1</sup>Total AUM includes both discretionary and non-discretionary client assets. Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.*  | *<sup>1</sup>Total AUM includes both discretionary and non-discretionary client assets. Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.*  | *<sup>1</sup>Total AUM includes both discretionary and non-discretionary client assets. Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.*  |
| *<sup>2</sup>Includes institutional and retail share classes, money market and VIP funds.*  | *<sup>2</sup>Includes institutional and retail share classes, money market and VIP funds.*  | *<sup>2</sup>Includes institutional and retail share classes, money market and VIP funds.*  |
| *<sup>3</sup>Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.*  | *<sup>3</sup>Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.*  | *<sup>3</sup>Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.*  |
| *<sup>4</sup>Represents only ETF assets held by third parties. Excludes ETF assets held by other Victory Capital products.* | *<sup>4</sup>Represents only ETF assets held by third parties. Excludes ETF assets held by other Victory Capital products.* | *<sup>4</sup>Represents only ETF assets held by third parties. Excludes ETF assets held by other Victory Capital products.* |

---

 **Fourth-Quarter Conference Call and Webcast Details**

Victory Capital will report fourth-quarter 2022 financial results after the market closes on Thursday, February 9, 2023. The Company will host a conference call the following morning, February 10, at 8:00 a.m. ET to discuss the results. Victory Capital's earnings release and supplemental materials will be available on the investor relations section of the Company's website at https://ir.vcm.com before the conference call begins.

------

To participate in the conference call, please call 1-888-330-3571 (domestic) or 1-646-960-0657 (international), shortly before 8:00 a.m. ET and reference the Victory Capital Conference Call. A live, listen-only webcast will also be available via the investor relations section of the Company's website at https://ir.vcm.com. For anyone who is unable to join the live event, an archive of the webcast will be available for replay, at the same location, shortly after the call concludes.

 **About Victory Capital**

Victory Capital is a diversified global asset management firm with $153.0 billion in assets under management as of December 31, 2022. It was ranked No. 55 on the *Fortune* 100 Fastest-Growing Companies list for 2022 and is one of only 24 companies to make the list for the second consecutive year. The Company operates a next-generation business model combining boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.

Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Platform, Victory Capital offers a wide array of investment products, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, and a 529 Education Savings Plan.

For more information, please visit vcm.com or follow us: Twitter and LinkedIn

 **From Fortune.© 2022 Fortune Media IP Limited All rights reserved.***Fortune* is a registered trademark of Fortune Media IP Limited and is used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Victory Capital Holdings, Inc.

The *Fortune* annual list ranks the top performing, publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2022.

## Contacts
 **Investors:** <br> Matthew Dennis, CFA <br> Chief of Staff <br> Director, Investor Relations <br> 216-898-2412 <br> mdennis@vcm.com<br>**Media:** <br> Jessica Davila <br> Director of Global Communications <br> 210-694-9693 <br> Jessica_davila@vcm.com