# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-001302
**Filing Date:** 2026-2
**Character Count:** 47506
**Document Hash:** 72912930aaafc5815cca3da47c4987e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001302.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001302

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**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:** 26694473

**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 US Value Momentum ETF formerly VictoryShares USAA MSCI USA Value Momentum ETF (Series ID: S000065156)

| Class ID   | Class Name                                                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000210925 | VictoryShares US Value Momentum ETF formerly VictoryShares USAA MSCI USA Value Momentum ETF | ULVM            |

## 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 US Value Momentum ETF

- **b. EDGAR series identifier (if any):** S000065156

- **c. LEI of Series:** 5493006WYTPO22TMZG75

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $205986830.54

**Total Liabilities:** $449369.72

**Net Assets:** $205537460.82

**Cash Not Reported:** $857380.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000210925 | -1.09%               | 3.26%                | -0.68%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3381.71                 | $-2153899.34                               |
| Month 2  | $-0.90                   | $5927244.88                                |
| Month 3  | $2788797.78              | $-4539655.33                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FEDEX CORPORATION                                     | FEDEX CORP                          | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      5329 | NS      | $1539334.94   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| LENNAR CORPORATION                                    | LENNAR CORP CLASS A                 | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     10673 | NS      | $1097184.40   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                        | CITIZENS FINANCIAL GROUP INC        | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     27567 | NS      | $1610188.47   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                                 | QUALCOMM INC                        | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      7274 | NS      | $1244217.70   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SOFI TECHNOLOGIES, INC.                               | SOFI TECHNOLOGIES INC               | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |     26701 | NS      | $699032.18    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS, INC.                                  | STEEL DYNAMICS INC                  | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      7899 | NS      | $1338485.55   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                           | WESTERN DIGITAL CORP                | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      5488 | NS      | $945417.76    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP-ON INCORPORATED                                  | SNAP ON INC                         | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      5673 | NS      | $1954915.80   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                                   | NEWMONT CORP                        | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     13227 | NS      | $1320715.95   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| PERFORMANCE FOOD GROUP COMPANY                        | PERFORMANCE FOOD GROUP CO           | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     19649 | NS      | $1766838.08   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                              | STATE STREET CORP                   | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     14635 | NS      | $1888061.35   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| COMFORT SYSTEMS USA, INC.                             | COMFORT SYSTEMS USA INC             | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       935 | NS      | $872626.15    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation               | BANK OF NEW YORK MELLON CORP        | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     19448 | NS      | $2257718.32   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORPORATION                                  | AMPHENOL CORP CLASS A               | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     10620 | NS      | $1435186.80   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                     | JOHNSON JOHNSON                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     12485 | NS      | $2583770.75   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION                                    | AMEREN CORP                         | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     29294 | NS      | $2925298.84   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS, INC.                      | SSNC TECHNOLOGIES HLDGS INC         | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     23635 | NS      | $2066171.70   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                            | MSILF GOVERNMENT-INST               | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     98131 | NS      | $98131.11     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC.                                      | GEN DIGITAL INC                     | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     65626 | NS      | $1784370.94   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN TRUST CORPORATION                            | NORTHERN TRUST CORP                 | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     12510 | NS      | $1708740.90   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS, INC.                                          | VENTAS INC                          | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     30879 | NS      | $2389417.02   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                                 | WELLS FARGO CO                      | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     19955 | NS      | $1859806.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc.                                     | MARKEL GROUP INC                    | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      1105 | NS      | $2375363.25   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION            | COGNIZANT TECHNOLOGY SOLUTIONS CORP | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     23207 | NS      | $1926181.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWMET AEROSPACE INC.                                 | HOWMET AEROSPACE INC                | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      7252 | NS      | $1486805.04   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORPORATION                          | GENERAL DYNAMICS CORP               | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      7242 | NS      | $2438091.72   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                 | INVESCO GVT & AGNCY-INST            | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     98131 | NS      | $98131.13     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                         | REGIONS FINANCIAL CORP              | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     64437 | NS      | $1746242.70   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                                 | GILEAD SCIENCES INC                 | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     13906 | NS      | $1706822.44   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORPORATION                                     | INTEL CORP                          | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     19930 | NS      | $735417.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORPORATION                          | ON SEMICONDUCTOR CORP               | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     16377 | NS      | $886814.55    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DOW INC.                                              | DOW INC                             | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     39480 | NS      | $923042.40    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC.                                      | CATERPILLAR INC                     | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2693 | NS      | $1542738.91   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.                                 | CARDINAL HEALTH INC                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      8080 | NS      | $1660440.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                                | CVS HEALTH CORP                     | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     22831 | NS      | $1811868.16   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.                    | AMERICAN INTERNATIONAL GROUP INC    | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     27132 | NS      | $2321142.60   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC.                                             | EBAY INC                            | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     15954 | NS      | $1389593.40   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES INC.                                | DELL TECHNOLOGIES INC               | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      7271 | NS      | $915273.48    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                                   | SYNCHRONY FINANCIAL                 | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     16440 | NS      | $1371589.20   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T BANK CORPORATION                                  | M T BANK CORP                       | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      9772 | NS      | $1968862.56   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES INC.                                  | VICI PROPERTIES INC                 | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     97383 | NS      | $2738409.96   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS, INC.                               | ROBINHOOD MARKETS INC               | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      5430 | NS      | $614133.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORPORATION                              | DEVON ENERGY CORP                   | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     31192 | NS      | $1142562.96   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                             | VALERO ENERGY CORP                  | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      7381 | NS      | $1201552.99   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC                                             | APTIV HOLDINGS LTD                  | CUSIP: G3265R107<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |     16935 | NS      | $1288584.15   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                                       | CIGNA GROUP THE                     | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      5189 | NS      | $1428168.47   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOM COMMUNICATIONS, INC.                             | ZOOM COMMUNICATIONS INC             | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     18402 | NS      | $1587908.58   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                               | MICRON TECHNOLOGY INC               | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      3488 | NS      | $995510.08    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY, INC.                              | CENTERPOINT ENERGY INC              | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     79602 | NS      | $3051940.68   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIMBLE INC.                                          | TRIMBLE INC                         | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     19072 | NS      | $1494291.20   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKET LAB CORPORATION                                | ROCKET LAB CORP                     | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15187 | NS      | $1059445.12   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                           | VERIZON COMMUNICATIONS INC          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     61419 | NS      | $2501595.87   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| INSMED INCORPORATED                                   | INSMED INC                          | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      4669 | NS      | $812592.76    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS HOLDING CORP.                                | US FOODS HOLDING CORP               | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     25054 | NS      | $1887067.28   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                    | HEWLETT PACKARD ENTERPRISES CO      | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     50838 | NS      | $1221128.76   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORPORATION                                       | RTX CORP                            | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     10129 | NS      | $1857658.60   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY                      | MEDTRONIC PLC                       | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     22916 | NS      | $2201310.96   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORPORATION                                   | ENTERGY CORP                        | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     26284 | NS      | $2429430.12   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                                       | FOX CORP CLASS A                    | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     24600 | NS      | $1797522.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| API GROUP CORPORATION                                 | API GROUP CORP                      | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     42481 | NS      | $1625323.06   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.                           | UNITED PARCEL SERVICE INC           | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     16410 | NS      | $1627707.90   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                        | CITIGROUP INC                       | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     15480 | NS      | $1806361.20   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC.                                           | HUMANA INC                          | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      4457 | NS      | $1141571.41   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORPORATION                              | LAM RESEARCH CORP                   | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      6491 | NS      | $1111129.38   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWS CORPORATION                                      | NEWS CORP                           | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |     75724 | NS      | $1977910.88   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORPORATION                            | DOLLAR GENERAL CORP                 | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     13447 | NS      | $1785358.19   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORPORATION                                  | MCKESSON CORP                       | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2451 | NS      | $2010530.79   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                                  | EDISON INTERNATIONAL                | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     28141 | NS      | $1689022.82   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORPORATION                        | MARATHON PETROLEUM CORP             | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      7514 | NS      | $1222001.82   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corporation                                  | CARNIVAL CORP                       | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |     40353 | NS      | $1232380.62   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                                | GENERAL MOTORS CO                   | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     18907 | NS      | $1537517.24   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| HP INC.                                               | HP INC                              | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     51016 | NS      | $1136636.48   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES, INC.                                 | DELTA AIR LINES INC                 | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     14775 | NS      | $1025385.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNER BROS. DISCOVERY, INC.                          | WARNER BROS DISCOVERY INC           | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |     31478 | NS      | $907195.96    | 0.44%             |  |  |  | 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        |      3595 | NS      | $517284.55    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NUCOR CORPORATION                                     | NUCOR CORP                          | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      8233 | NS      | $1342884.63   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                           | PFIZER INC                          | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     69738 | NS      | $1736476.20   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY, INC.                                        | TAPESTRY INC                        | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     10480 | NS      | $1339029.60   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                         | GOLDMAN SACHS GROUP INC THE         | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1943 | NS      | $1707897.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                        | MORGAN STANLEY                      | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      9789 | NS      | $1737841.17   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                          | TRUIST FINANCIAL CORP               | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     36595 | NS      | $1800839.95   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                                    | EXELON CORP                         | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     58123 | NS      | $2533581.57   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORPORATION                                       | EQT CORP                            | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     22618 | NS      | $1212324.80   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.                               | BERKSHIRE HATHAWAY INC CLASS B      | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      5217 | NS      | $2622325.05   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                                    | ALTRIA GROUP INC                    | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     41281 | NS      | $2380262.46   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SMURFIT WESTROCK PUBLIC LIMITED COMPANY               | SMURFIT WESTROCK PLC                | CUSIP: G8267P108<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |     35751 | NS      | $1382491.17   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV, INC.                                          | FISERV INC                          | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     12274 | NS      | $824444.58    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY    | SEAGATE TECHNOLOGY HOLD             | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |      3246 | NS      | $893915.94    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND COMPANY.                       | ARCHER DANIELS MIDLAND CO           | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     29087 | NS      | $1672211.63   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC.                                        | WELLTOWER INC                       | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     11666 | NS      | $2165326.26   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEDYNE TECHNOLOGIES INCORPORATED                    | TELEDYNE TECHNOLOGIES INC           | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      4344 | NS      | $2218611.12   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOGEN INC.                                           | BIOGEN INC                          | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      8193 | NS      | $1441886.07   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                                    | FORD MOTOR CO                       | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    111857 | NS      | $1467563.84   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORPORATION                              | ATMOS ENERGY CORPORATION            | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     17519 | NS      | $2936709.97   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CF INDUSTRIES HOLDINGS, INC.                          | CF INDUSTRIES HOLDINGS INC          | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     20523 | NS      | $1587248.82   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.                        | UNITED AIRLINES HOLDINGS INC        | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      8231 | NS      | $920390.42    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC COMPANY                              | GENERAL ELECTRIC CO                 | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      5493 | NS      | $1692008.79   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                           | BANK OF AMERICA CORP                | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     34077 | NS      | $1874235.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INCORPORATED                        | QUEST DIAGNOSTICS INC               | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     11760 | NS      | $2040712.80   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORPORATION                             | REALTY INCOME CORP                  | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     51227 | NS      | $2887665.99   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO.                                  | JPMORGAN CHASE CO                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      6490 | NS      | $2091207.80   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WOODWARD, INC.                                        | WOODWARD INC                        | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |      4835 | NS      | $1461717.20   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                               | KRAFT HEINZ CO THE                  | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     79618 | NS      | $1930736.50   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| S P 500 EMINI FUTURE MAR26                            | S P 500 EMINI FUTURE MAR26          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $-1731.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                     | CAPITAL ONE FINANCIAL CORP          | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      6041 | NS      | $1464096.76   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| COREWEAVE, INC.                                       | COREWEAVE INC                       | CUSIP: 21873S108<br>LEI: 984500511DP2B6186053 | Long             | EC               | CORP              | US        |      8733 | NS      | $625370.13    | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Eversource Energy                                     | EVERSOURCE ENERGY                   | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     27232 | NS      | $1833530.56   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY PUBLIC LIMITED COMPANY                | TE CONNECTIVITY PLC                 | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |      7003 | NS      | $1593252.53   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMCO REALTY CORPORATION.                             | KIMCO REALTY CORP                   | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |    103373 | NS      | $2095370.71   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC.                                            | JABIL INC                           | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      5740 | NS      | $1308834.80   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| LOEWS CORPORATION                                     | LOEWS CORP                          | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     23807 | NS      | $2507115.17   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND        | GLDMN SCHS FIN SQ GV-FST            | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     98131 | NS      | $98131.13     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CORNING INCORPORATED                                  | CORNING INC                         | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     16790 | NS      | $1470132.40   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX CORPORATION                                    | ROBLOX CORP                         | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |     10586 | NS      | $857783.58    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS, INC.                                        | PROLOGIS INC                        | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     13517 | NS      | $1725580.22   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC.                                  | GLOBAL PAYMENTS INC                 | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     14953 | NS      | $1157362.20   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| DUPONT DE NEMOURS, INC.                               | DUPONT DE NEMOURS INC               | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     32653 | NS      | $1312650.60   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CURTISS-WRIGHT CORPORATION                            | CURTISS WRIGHT CORP                 | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      2829 | NS      | $1559542.83   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                  | HSBC US GOVT MMKT-I                 | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     98131 | NS      | $98131.13     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARES, INC.                       | FIRST CITIZENS BCSHS CL A           | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       784 | NS      | $1682605.12   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY | JOHNSON CONTROLS INTERNATIONAL PLC  | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     14650 | NS      | $1754337.50   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORPORATION                          | TENET HEALTHCARE CORP               | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      5376 | NS      | $1068318.72   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| LABCORP HOLDINGS INC.                                 | LABCORP HOLDINGS INC                | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7224 | NS      | $1812357.12   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES, INC.                           | L3HARRIS TECHNOLOGIES INC           | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      8425 | NS      | $2473327.25   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE, INC.                                  | HCA HEALTHCARE INC                  | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      4020 | NS      | $1876777.20   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                         | ALPHABET INC CLASS A                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      4826 | NS      | $1510538.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                          | EVERGY INC                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     38442 | NS      | $2786660.58   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KROGER CO.                                        | KROGER CO THE                       | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     29041 | NS      | $1814481.68   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS, INCORPORATED                             | TYSON FOODS INC CLASS A             | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     37024 | NS      | $2170346.88   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer