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Companies / Financials / Victory Capital Holdings, Inc.
VCTR

Victory Capital Holdings, Inc.

FinancialsBanks & Brokers
Ticker VCTRBROOKLYN, OHFiscal year ends DecemberBook value per share $38.27Diluted shares 63.3M

Victory Capital Holdings (Nasdaq: VCTR) is a diversified global asset management firm that provides investment strategies to institutions, financial intermediaries, retirement platforms and individual investors. Its products include actively and passively managed mutual funds, ETFs, institutional separate accounts,… From the company’s description.

Over the twelve months to Sep 30, 2026, Victory Capital Holdings, Inc. reported revenue of $1.59B, up 36.9% from a year earlier, and net income of $455.66M. Its pre-tax margin was 40.4%. In fiscal 2025, it reported revenue of $1.31B, up 46.2% from fiscal 2024, and net income of $330.06M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.31BFY2025
+46.2% year over year
Last 12 mo $1.59B
36.63%FY2025
−11.2 percentage points
Last 12 mo 40.39%
$330.06MFY2025
+14.3% year over year
Last 12 mo $455.66M
14.53%FY2025
−11.3 percentage points
Last 12 mo 19.15%
Cash & financing
$385.49MFY2025
+13.4% year over year
Last 12 mo $624.82M
$381.33MFY2025
+12.6% year over year
Last 12 mo $621.19M
0.40FY2025
Was 0.86× a year earlier
Last 12 mo 0.40
66.4MFY2025
+0.7% year over year
Last 12 mo 63.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Victory Capital Holdings, Inc. does

In the company’s own words

Victory Capital Holdings (Nasdaq: VCTR) is a diversified global asset management firm that provides investment strategies to institutions, financial intermediaries, retirement platforms and individual investors. Its products include actively and passively managed mutual funds, ETFs, institutional separate accounts, variable insurance products, alternative investments, private funds and a 529 education savings plan; strategies are also distributed through third-party funds, model portfolios and managed-account programs. The company operates eight autonomous Investment Franchises alongside a Solutions Platform, supported by centralized distribution, marketing and operations. Its offerings span equity, fixed income, multi-asset, quantitative and alternative strategies, with brands including Pioneer Investments, VictoryShares, RS Investments, Sycamore Capital and Victory Income Investors. In 2025, Victory added Amundi’s U.S. operations, rebranded as Pioneer Investments, and entered exclusive long-term global distribution agreements with Amundi. As of December 31, 2025, it managed $313.8 billion in assets and offered 187 investment strategies. Its website is www.vcm.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
BROOKLYN, OH
Fiscal year end
December
CIK
1570827
SIC
6282

Financial performance, year by year

Fiscal 2017–2025 · USD
$-159.40M$318.81M$797.02M$1.28B$1.75B201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Victory Capital Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

312
funds hold it
1 of 35
superinvestors hold it
$1.88B
held by funds, at market
36.6%
of shares held by funds

Superinvestors in Victory Capital Holdings, Inc. · what they did last quarter

Polen CapitalDECREASED -29.2%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Victory Capital Holdings, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.21%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
0.13%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.11%of fund net assets
4.30%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Victory Capital Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
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