# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-004327
**Filing Date:** 2026-5
**Character Count:** 35886
**Document Hash:** c4c4875ff1457822b26bb3ba7bc88948
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-004327.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001004726-26-004327

**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**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios II
- **CENTRAL INDEX KEY:** 0001547580

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22696
- **FILM NUMBER:** 261033227

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2411

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Compass EMP Funds Trust
- **DATE OF NAME CHANGE:** 20120417

## Series and Classes Contracts Data

### VictoryShares Free Cash Flow Growth ETF (Series ID: S000089011)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000255423 | VictoryShares Free Cash Flow Growth ETF | GFLW            |

## 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 II

- **b. Investment Company Act file number:** 811-22696

- **c. CIK number of Registrant:** 0001547580

- **d. LEI of Registrant:** 5493002SUQLUY3T5P040

- **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:** VictoryShares Free Cash Flow Growth ETF

- **b. EDGAR series identifier (if any):** S000089011

- **c. LEI of Series:** 25490023YCO3N5PNV908

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

- **a. Date of fiscal year-end:** 2026-06-30

- **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:** $646003887.60

**Total Liabilities:** $262502.45

**Net Assets:** $645741385.15

**Cash Not Reported:** $2575769.54

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255423 | -0.86%               | -0.84%               | -5.04%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-5957351.02                               |
| Month 2  | $6709878.06              | $-13320793.38                              |
| Month 3  | $-24083545.41            | $-10146430.06                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| INTUITIVE SURGICAL, INC.           | INTUITIVE SURGICAL INC             | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      9763 | NS      | $4500645.37   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| RUBRIK, INC.                       | RUBRIK INC                         | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |     17941 | NS      | $878570.77    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXCOM, INC.                       | DEXCOM INC                         | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     54401 | NS      | $3416382.80   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| DRAFTKINGS INC.                    | DRAFTKINGS INC                     | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |    151971 | NS      | $3285613.02   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NEUROCRINE BIOSCIENCES, INC.       | NEUROCRINE BIOSCIENCES INC         | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     24105 | NS      | $3175592.70   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCOM SOFTWARE, INC.              | PAYCOM SOFTWARE INC                | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |     25218 | NS      | $3064995.72   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYFAIR INC.                       | WAYFAIR INC                        | CUSIP: 94419L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102942 | NS      | $7742267.82   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital, Inc.                 | INTERDIGITAL INC                   | CUSIP: 45867G101<br>LEI: 529900HQAUTC3VI47G64 | Long             | EC               | CORP              | US        |     13038 | NS      | $3937476.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL, INC.       | MARRIOTT INTERNATIONAL INC CLASS A | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     20609 | NS      | $6740585.63   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RALPH LAUREN CORPORATION           | RALPH LAUREN CORP                  | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |     22368 | NS      | $7694368.32   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORPORATION           | LAM RESEARCH CORP                  | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     80968 | NS      | $17299622.88  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.              | CARDINAL HEALTH INC                | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     68955 | NS      | $14570881.05  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC.                      | BROADCOM INC                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     72753 | NS      | $22517781.03  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC.                    | GE VERNOVA LLC                     | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     23158 | NS      | $20214618.20  | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| S P 500 EMINI FUTURE JUN26         | S P 500 EMINI FUTURE JUN26         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         8 | NC      | $-26553.77    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC.                     | SNOWFLAKE INC                      | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     13532 | NS      | $2040896.24   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC.              | BOOKING HOLDINGS INC               | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1075 | NS      | $4526094.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORPORATION                    | KLA CORP                           | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      8346 | NS      | $12288733.86  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORPORATION                | SANDISK CORP DE                    | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29395 | NS      | $18675819.30  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ZSCALER, INC.                      | ZSCALER INC                        | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     15729 | NS      | $2206621.41   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| RESMED INC.                        | RESMED INC                         | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |     15971 | NS      | $3585170.08   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TRADE DESK, INC.               | THE TRADE DESK INC CLASS A         | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    165270 | NS      | $3749976.30   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEWY, INC.                        | CHEWY INC CLASS A                  | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |    140787 | NS      | $3801249.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS, INC.     | MONOLITHIC POWER SYSTEMS INC       | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      7175 | NS      | $7844786.25   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TJX COMPANIES, INC.            | TJX COS INC                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     75572 | NS      | $12068848.40  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIR ISAAC CORPORATION             | FAIR ISAAC CORP                    | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      2600 | NS      | $2775604.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC.                           | PTC INC                            | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |     10220 | NS      | $1456247.80   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HALOZYME THERAPEUTICS, INC.        | HALOZYME THERAPEUTICS INC          | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     35002 | NS      | $2262179.26   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORPORATION                 | INCYTE PHARMACEUTICALS INC         | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     72943 | NS      | $6865395.16   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNATRACE, INC.                    | DYNATRACE INC                      | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     76102 | NS      | $2814251.96   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTODESK, INC.                     | AUTODESK INC                       | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      8391 | NS      | $2008805.40   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS, INC.              | ARISTA NETWORKS INC                | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     63327 | NS      | $7775289.06   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS, INC.      | ALNYLAM PHARMACEUTICALS INC        | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     15074 | NS      | $4987534.38   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTIV HOLDINGS CO                 | VERTIV HOLDINGS CO                 | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     55039 | NS      | $13791672.62  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORPORATION                 | NVIDIA CORP                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    133464 | NS      | $23276121.60  | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| COEUR MINING, INC.                 | COEUR MINING INC                   | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    632284 | NS      | $11867970.68  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CARVANA CO.                        | CARVANA CO                         | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |     24181 | NS      | $7602022.78   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| REDDIT, INC.                       | REDDIT INC                         | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |     16550 | NS      | $2228457.50   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| VIPER ENERGY, INC.                 | VIPER ENERGY INC                   | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92984 | NS      | $4369318.16   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY S.A.            | SPOTIFY TECHNOLOGY SA              | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |      6278 | NS      | $3044264.98   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY, INC.                      | WORKDAY INC                        | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     47547 | NS      | $6177306.24   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| IES HOLDINGS, INC.                 | IES HOLDINGS INC                   | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |     15163 | NS      | $7224714.61   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BRINKER INTERNATIONAL, INC.        | BRINKER INTERNATIONAL INC          | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |     11454 | NS      | $1635287.58   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd                | VIKING HOLDINGS LTD                | CUSIP: G93A5A101<br>LEI: 52990032GOPN7BVQMN13 | Long             | EC               | CORP              | BM        |    126315 | NS      | $9281626.20   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSS STORES, INC.                  | ROSS STORES INC                    | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     63122 | NS      | $13674118.86  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTINET, INC.                     | FORTINET INC                       | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |     47250 | NS      | $3861270.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ROKU, INC.                         | ROKU INC                           | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |     33962 | NS      | $3213484.44   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC.                        | INTUIT INC                         | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     11986 | NS      | $5182506.68   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC.                         | ADOBE INC                          | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     39390 | NS      | $9574921.20   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEVA SYSTEMS INC.                 | VEEVA SYSTEMS INC                  | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |     21550 | NS      | $3785473.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LULULEMON ATHLETICA INC.           | LULULEMON ATHLETICA INC            | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     44010 | NS      | $6737931.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GODADDY INC.                       | GODADDY INC CLASS A                | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     69078 | NS      | $5710678.26   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| RAMBUS INC.                        | RAMBUS INC                         | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     32680 | NS      | $2811460.40   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNICOM GROUP INC.                 | OMNICOM GROUP INC                  | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     34423 | NS      | $2592396.13   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORPORATION               | APPLOVIN CORP                      | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     18013 | NS      | $7169174.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DOCUSIGN, INC.                     | DOCUSIGN INC                       | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     83984 | NS      | $3981681.44   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDPACE HOLDINGS, INC.             | MEDPACE HOLDINGS INC               | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     11184 | NS      | $5370444.96   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| HUBSPOT, INC.                      | HUBSPOT INC                        | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     13805 | NS      | $3369800.50   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC.     | HILTON WORLDWIDE HOLDINGS INC      | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     20427 | NS      | $6211442.16   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| THE NEW YORK TIMES COMPANY         | NEW YORK TIMES CO THE              | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |    118879 | NS      | $9953738.67   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS, INC.           | PALO ALTO NETWORKS INC             | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     19928 | NS      | $3194856.96   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS, INC.            | APPLIED MATERIALS INC              | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     47282 | NS      | $16160514.78  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| WATERS CORPORATION                 | WATERS CORP                        | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |     13138 | NS      | $3912496.40   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW, INC.                   | SERVICENOW INC                     | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     48254 | NS      | $5044955.70   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| MONSTER BEVERAGE CORPORATION       | MONSTER BEVERAGE CORP              | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    130906 | NS      | $9485448.76   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| COMFORT SYSTEMS USA, INC.          | COMFORT SYSTEMS USA INC            | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      9388 | NS      | $12945958.12  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DECKERS OUTDOOR CORPORATION        | DECKERS OUTDOOR CORP               | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     32000 | NS      | $3202880.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc           | PROCORE TECHNOLOGIES INC           | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     27756 | NS      | $1582092.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc                      | MAPLEBEAR INC                      | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50510 | NS      | $1892104.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORPORATION               | AMPHENOL CORP CLASS A              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    106019 | NS      | $13395500.65  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STERLING INFRASTRUCTURE, INC.      | STERLING INFRASTRUCTURE            | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |     21862 | NS      | $8903736.74   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORPORATION               | MCKESSON CORP                      | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     10794 | NS      | $9340695.84   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NUTANIX, INC.                      | NUTANIX INC A                      | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |    109444 | NS      | $4159966.44   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYSTEMS, INC.       | CADENCE DESIGN SYSTEMS INC         | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     12236 | NS      | $3400017.32   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MANHATTAN ASSOCIATES, INC.         | MANHATTAN ASSOCIATES INC           | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |     10553 | NS      | $1404815.36   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd | CREDO TECHNOLOGY GROUP HOLDING LTD | CUSIP: G25457105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     56192 | NS      | $5274743.04   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SHARKNINJA, INC.                   | SHARKNINJA INC                     | CUSIP: G8068L108<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     33173 | NS      | $3513020.70   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLASSIAN CORPORATION              | ATLASSIAN CORP PLC                 | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     83550 | NS      | $5702287.50   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP, INC.                  | EMCOR GROUP INC                    | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     16295 | NS      | $12030761.45  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CINTAS CORPORATION                 | CINTAS CORP                        | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12455 | NS      | $2106638.70   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                | NEWMONT CORP                       | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    210244 | NS      | $22758913.00  | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE, INC.                   | SALESFORCE INC                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     46284 | NS      | $8639834.28   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA, INC.                      | CENCORA INC                        | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     29578 | NS      | $9291632.92   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc          | CIRCLE INTERNET GROUP INC          | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |     10953 | NS      | $1045025.73   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTPOWER INC.                     | NEXTPOWER INC CL A                 | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63088 | NS      | $7605258.40   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PINTEREST, INC.                    | PINTEREST INC                      | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |    269418 | NS      | $4941126.12   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC             | TRANE TECHNOLOGIES PLC             | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     15629 | NS      | $6513229.46   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MOTOROLA SOLUTIONS, INC.           | MOTOROLA SOLUTIONS INC             | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      7110 | NS      | $3085526.70   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES, INC.            | UBER TECHNOLOGIES INC              | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     55351 | NS      | $3981397.43   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC.         | PALANTIR TECHNOLOGIES INC          | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     74983 | NS      | $10968513.24  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBNB, INC.                       | AIRBNB INC CLASS A                 | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |     25433 | NS      | $3211679.24   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMSTRONG WORLD INDUSTRIES, INC.   | ARMSTRONG WORLD INDUSTRIES INC     | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |     13603 | NS      | $2241774.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERPURE, INC.                     | EVERPURE INC                       | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     33581 | NS      | $1982622.24   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ROLLINS, INC.                      | ROLLINS INC                        | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     49727 | NS      | $2655919.07   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND COMPANY              | ELI LILLY CO                       | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      6679 | NS      | $6143143.83   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs, Inc                   | ASTERA LABS INC                    | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |     24994 | NS      | $2739342.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| DATADOG, INC.                      | DATADOG INC CLASS A                | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     16040 | NS      | $1893522.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DOORDASH, INC.                     | DOORDASH INC                       | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     16228 | NS      | $2436634.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX, INC.                      | NETFLIX INC                        | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     58861 | NS      | $5659485.15   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara Inc                        | SAMSARA INC                        | CUSIP: 79589L106<br>LEI: 529900IE80DQBIFK3M88 | Long             | EC               | CORP              | US        |     40658 | NS      | $1288452.02   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS, INC.         | CROWDSTRIKE HOLDINGS INC A         | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      7530 | NS      | $2939787.30   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol D. Trevino

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

**Title:** Treasurer