# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001752724-23-041261
**Filing Date:** 2023-2
**Character Count:** 21606
**Document Hash:** f4a01f08e50d9d5d2bf91968c20eb58e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041261.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041261

**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**: 20221231

**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:** 23671060

**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 Growth Fund (Series ID: S000053577)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000168392 | Class Y      | RGRYX           |
| C000168393 | Class A      | RSGRX           |
| C000168394 | Class C      | RGWCX           |
| C000168395 | Class R      | RSGKX           |

## 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 Growth Fund

- **b. EDGAR series identifier (if any):** S000053577

- **c. LEI of Series:** 549300TKK08I87NY8R77

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

- **a. Date of fiscal year-end:** 2022-12-31

- **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:** $211134035.03

**Total Liabilities:** $2445101.92

**Net Assets:** $208688933.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000168394 | 5.14%                | 3.16%                | -8.20%               |
| Class ID C000168395 | 5.10%                | 3.21%                | -8.16%               |
| Class ID C000168392 | 5.18%                | 3.28%                | -8.07%               |
| Class ID C000168393 | 5.15%                | 3.27%                | -8.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1070656.95              | $9583325.86                                |
| Month 2  | $643458.45               | $7411677.44                                |
| Month 3  | $117033.78               | $-18767803.58                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DIAMONDBACK ENERGY, INC.                    | DIAMONDBACK ENERGY INC           | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     15750 | NS      | $2154285.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS, INC.              | MONOLITHIC POWER SYSTEMS INC     | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      7360 | NS      | $2602569.60   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC.                                 | INTUIT INC                       | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      6600 | NS      | $2568852.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION                | COSTCO WHOLESALE CORP            | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      8170 | NS      | $3729605.00   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY, INC.                               | WORKDAY INC                      | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      9650 | NS      | $1614734.50   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| VERISK ANALYTICS, INC.                      | VERISK ANALYTICS INC             | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     13620 | NS      | $2402840.40   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL, INC.                | CHIPOTLE MEXICAN GRILL INC       | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1040 | NS      | $1442989.60   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTA BEAUTY, INC.                           | ULTA BEAUTY INC                  | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      8010 | NS      | $3757250.70   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL FINANCIAL HOLDINGS INC.                 | LPL FINANCIAL HOLDINGS INC       | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      5150 | NS      | $1113275.50   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| TOAST, INC.                                 | TOAST INC                        | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    104460 | NS      | $1883413.80   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL, INC.                    | INTUITIVE SURGICAL INC           | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      3550 | NS      | $941992.50    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW, INC.                            | SERVICENOW INC                   | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     11390 | NS      | $4422395.30   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP, INC.                          | COSTAR GROUP INC                 | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24570 | NS      | $1898769.60   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORPORATION                             | KLA CORP                         | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      4720 | NS      | $1779581.60   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORPORATION                       | MICROSOFT CORP                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    101200 | NS      | $24269784.00  | 11.63%            |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY, INC.                       | CHENIERE ENERGY INC              | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      8810 | NS      | $1321147.60   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MODERNA, INC.                               | MODERNA INC                      | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |     14270 | NS      | $2563177.40   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORPORATION                    | LAM RESEARCH CORP                | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      7510 | NS      | $3156453.00   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive, Inc.                   | O REILLY AUTOMOTIVE INC          | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2790 | NS      | $2354843.70   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC.                                   | VISA INC CLASS A                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     50947 | NS      | $10584748.72  | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAPHIC PACKAGING HOLDING COMPANY           | GRAPHIC PACKAGING HOLDING CO     | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125390 | NS      | $2789927.50   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM! Brands, Inc.                           | YUM BRANDS INC                   | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      6530 | NS      | $836362.40    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROGRESSIVE CORPORATION                 | PROGRESSIVE CORP                 | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     27180 | NS      | $3525517.80   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SERVICES, INC.                       | QUANTA SERVICES INC              | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     23080 | NS      | $3288900.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS, INC.                              | SYNOPSYS INC                     | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      8780 | NS      | $2803366.20   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED             | UNITEDHEALTH GROUP INC           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     11650 | NS      | $6176597.00   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX, INC.                               | NETFLIX INC                      | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      8780 | NS      | $2589046.40   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HERSHEY COMPANY                         | HERSHEY CO                       | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |     13440 | NS      | $3112300.80   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK, INC.                                 | Block Inc                        | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     15050 | NS      | $945742.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                  | CONSTELLATION BRANDS INC CLASS A | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     24800 | NS      | $5747400.00   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                            | AMAZON COM INC                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     95490 | NS      | $8021160.00   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| GARTNER, INC.                               | GARTNER INC                      | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |      7470 | NS      | $2510965.80   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TRACTOR SUPPLY COMPANY                      | TRACTOR SUPPLY CO                | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     18220 | NS      | $4098953.40   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                              | SNOWFLAKE INC CLASS A            | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     12250 | NS      | $1758365.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC.                                   | MSCI INC COMMON                  | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      4290 | NS      | $1995579.30   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE, INC.                           | DOLLAR TREE INC                  | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     26150 | NS      | $3698656.00   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                               | ALPHABET INC CLASS C             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    111730 | NS      | $9913802.90   | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY | JAZZ PHARMACEUTICALS PLC         | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |     26100 | NS      | $4157991.00   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES, INC.                | ADVANCED MICRO DEVICES INC       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     22040 | NS      | $1427530.80   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS, INC.                        | META PLATFORMS INC               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     18400 | NS      | $2214256.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORPORATION                | TENET HEALTHCARE CORP            | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     35130 | NS      | $1713992.70   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC.                       | BOOKING HOLDINGS INC             | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1080 | NS      | $2176502.40   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPHASE ENERGY, INC.                        | ENPHASE ENERGY INC               | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      9590 | NS      | $2540966.40   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                          | NVIDIA CORP                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     44130 | NS      | $6449158.20   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AGILENT TECHNOLOGIES, INC.                  | AGILENT TECHNOLOGIES INC         | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     20280 | NS      | $3034902.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE & COMPANY                             | DEERE CO                         | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      4670 | NS      | $2002309.20   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO CORPORATION                           | HEICO CORPORATION CL A           | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     32350 | NS      | $3877147.50   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corporation              | SBA COMMUNICATIONS CORP          | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      5130 | NS      | $1437990.30   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS, INC.                    | PALO ALTO NETWORKS INC           | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     11210 | NS      | $1564243.40   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA, INC.                                 | TESLA INC                        | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     20420 | NS      | $2515335.60   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD DOMINION FREIGHT LINE, INC.             | OLD DOMINION FREIGHT LINE INC    | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |      5480 | NS      | $1555114.40   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXCOM, INC.                                | DEXCOM INC                       | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     28890 | NS      | $3271503.60   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INCORPORATED         | VERTEX PHARAMACEUTICALS INC      | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     24290 | NS      | $7014466.20   | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                                  | APPLE INC                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    162788 | NS      | $21151044.84  | 10.14%            |  |  |  | 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