Victory Capital Holdings, Inc.
Victory Capital Holdings, Inc. (NASDAQ: VICB) operates as a diversified global asset management firm providing specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors worldwide. The company manages total assets under management of $313.8 billion and total… From the company’s description.
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, Inc. (NASDAQ: VICB) operates as a diversified global asset management firm providing specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors worldwide. The company manages total assets under management of $313.8 billion and total client assets of $316.6 billion as of December 31, 2025. Victory Capital's website is located at www.victorycapital.com.
The company's business model combines boutique investment qualities with the benefits of a scaled, integrated operating and distribution platform. Victory Capital operates through eight distinct Investment Franchises and a Solutions Platform, each maintaining autonomy in their respective investment processes while benefiting from centralized distribution, marketing, and operational support. The Franchises include Integrity Asset Management, New Energy Capital, Pioneer Investments, RS Investments, Sycamore Capital, Trivalent Investments, Victory Income Investors, and WestEnd Advisors. These entities collectively manage 187 investment strategies across equity, fixed income, multi-asset, and alternative investments.
Victory Capital offers investment products through multiple vehicles including actively and passively managed mutual funds, exchange-traded funds, institutional separate accounts, variable insurance products, alternative investments, private closed-end funds, and a 529 Education Savings Plan. Products are distributed through direct channels, third-party intermediaries, and institutional platforms across more than 60 countries. Approximately 37 percent of total client assets come from U.S. retail and retirement clients, 20 percent from U.S. direct investors, 26 percent from U.S. institutional clients, and 17 percent from international clients.
The company employs 699 full-time professionals, with 231 in investment management, 251 in sales and marketing, and 217 in management and support functions. Victory Capital was formed in 2013 through a management-led buyout from KeyCorp and has since completed eight acquisitions, most notably the 2025 combination with Amundi SA's U.S. operations, rebranded as Pioneer Investments. This transaction established exclusive long-term global distribution agreements and made Amundi a strategic shareholder. The company's competitive strengths include its integrated platform providing centralized distribution while maintaining Franchise investment autonomy, proven acquisition capabilities, diversified portfolio of outperforming strategies, and strong employee ownership culture with 69 percent of employees controlling 12 percent of fully diluted shares.
Company details
- Sector
- Financials
- Industry
- Banks & Brokers
- Headquarters
- BROOKLYN, OH
- Fiscal year end
- December
- CIK
- 1570827
- SIC
- 6282
Financial performance, year by year
Fiscal 2017–2025 · USDThe 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.
Who owns Victory Capital Holdings, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Victory Capital Holdings, Inc. · what they did last quarter
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
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.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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