Victory Financial Group, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 29, 2026), Victory Financial Group, LLC reported 397 stock positions worth $951.8 million. Its top holding was iShares Russell Top 200 Grow (IWY) at 13.8% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 5.0%) and iShares Morningstar Mid-Cap (IMCG, 4.5%). Compared with Q1 2026, it opened 80 new positions, sold out of 30, added to 166 and reduced 148. The biggest buy was a new position in Bondbloxx BBG 1 Dur US Treas (XONE) and the biggest sale Eaton Vance Total Return (EVTR, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0002011333
- Portfolio Value
- $951.8M (Q2 2026)
- SEC Filing
- 0001754960-26-000656 ↗ filed Jul 29, 2026
Holdings Value
Holdings 397 stocks · $951.8M
| IWY iShares Russell Top 200 Grow | 13.84% | 453,284 | $131.7M | Reduce -2.0% |
| SCHD Schwab US DVD Equity ETF | 5.05% | 1,514,996 | $48.0M | Reduce -0.8% |
| IMCG iShares Morningstar Mid-Cap | 4.45% | 430,919 | $42.4M | Reduce -0.2% |
| XLK SS Technology Select Sector | 4.06% | 203,068 | $38.7M | Add +12.6% |
| FDVV Fidelity High Dividend ETF | 4.06% | 640,420 | $38.6M | Add +16.6% |
| VOO Vanguard S&P 500 ETF | 3.28% | 45,399 | $31.2M | Add +2.0% |
| IVLU iShares MSCI International V | 2.50% | 569,773 | $23.8M | Reduce -9.0% |
| IJR iShares Core S&P Small-Cap E | 2.40% | 154,150 | $22.9M | Reduce -1.3% |
| NVDA Nvidia Corp. | 2.36% | 112,391 | $22.5M | Add +4.5% |
| PYLD PIMCO Multisector Bond Actv | 2.11% | 758,272 | $20.1M | Reduce -6.3% |
| SLYG SS SPDR S&P 600 SC GR ETF | 2.07% | 164,987 | $19.7M | Add +0.9% |
| XONE Bondbloxx BBG 1 Dur US Treas | 2.02% | 389,679 | $19.2M | New |
| AAPL Apple Inc. | 1.71% | 56,147 | $16.2M | Reduce -2.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.68% | 65,695 | $16.0M | Add +0.2% |
| SPEM State Street SP PTF Em ETF | 1.44% | 264,863 | $13.7M | Add +19.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.22% | 127,051 | $11.6M | Reduce -9.9% |
| FVD First Trust Value Line DVD | 0.87% | 171,634 | $8.3M | Reduce -15.9% |
| GOOGL Alphabet Inc. Class A | 0.81% | 21,592 | $7.7M | Add +4.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.77% | 9,955 | $7.3M | Reduce -1.7% |
| MSFT Microsoft Corp. | 0.74% | 18,818 | $7.0M | Add +2.7% |
| AMZN Amazon.com Inc. | 0.74% | 29,366 | $7.0M | Add +2.3% |
| TSLA Tesla Inc. | 0.73% | 16,422 | $6.9M | Add +7.3% |
| AVGO Broadcom Inc. | 0.72% | 18,044 | $6.8M | Add +5.3% |
| JBND JPMorgan Active Bond ETF | 0.69% | 123,569 | $6.6M | Add +24.4% |
| FBND Fidelity Total Bond ETF | 0.69% | 144,580 | $6.6M | Reduce -40.3% |
| EVTR Eaton Vance Total Return | 0.68% | 127,350 | $6.5M | Reduce -61.2% |
| AVDV Avantis Intl S/C Value ETF | 0.61% | 55,968 | $5.8M | Add +4.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.60% | 116,145 | $5.7M | Add +9.5% |
| DIVO Amplify CWP Enhan Divid ETF | 0.55% | 114,299 | $5.2M | Add +2.2% |
| XLI SS Industrial Select Sector | 0.54% | 27,925 | $5.2M | Reduce -3.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.51% | 40,456 | $4.8M | Add +7.8% |
| META Meta Platforms Inc. Class A | 0.47% | 7,895 | $4.4M | Add +3.2% |
| SOXX iShares Semiconductor ETF | 0.46% | 6,880 | $4.4M | New |
| MU Micron Technology Inc. | 0.45% | 3,690 | $4.3M | Add +24.5% |
| VYM Vanguard High DVD Yield ETF | 0.44% | 26,542 | $4.2M | Reduce -5.1% |
| LLY Eli Lilly & Co. | 0.41% | 3,281 | $3.9M | Add +7.8% |
| FPEI First Trust Institutional PR | 0.41% | 203,575 | $3.9M | Add +9.5% |
| GOOG Alphabet Inc. Class C | 0.41% | 11,022 | $3.9M | Add +9.0% |
| KORP American Century Diversified | 0.41% | 82,332 | $3.9M | Add +20.2% |
| IJT iShares S&P Small-Cap 600 GR | 0.40% | 21,518 | $3.8M | Add +0.5% |
| XLB SS Materials Select Sector | 0.40% | 74,038 | $3.8M | Add +1677.2% |
| PVAL Putnam Focused LRG Cap Value | 0.38% | 70,595 | $3.6M | Add +20.8% |
| HEQT Simplify Hedged Equity ETF | 0.37% | 105,932 | $3.6M | Reduce -1.5% |
| AMD Advanced Micro Devices | 0.37% | 6,088 | $3.5M | Add +1.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.37% | 9,521 | $3.5M | Reduce -10.9% |
| VCLT Vanguard Long-Term Corp. Bond | 0.35% | 44,827 | $3.4M | Reduce -10.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.34% | 6,784 | $3.2M | Add +6.9% |
| ARKW ARK Next Generation Technolo | 0.34% | 22,188 | $3.2M | Reduce -2.8% |
| CIBR First Trust Nasdaq Cybersecu | 0.33% | 35,252 | $3.2M | New |
| MOAT Vaneck Morningstar Wide Moat | 0.32% | 29,733 | $3.1M | Reduce -15.1% |
| BND Vanguard Total Bond Market | 0.32% | 41,334 | $3.0M | Add +27.2% |
| IXUS iShares Core Intl Stock ETF | 0.31% | 31,362 | $3.0M | Add +11.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 5,894 | $2.9M | Add +12.4% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.31% | 9,545 | $2.9M | Reduce -2.4% |
| STIP iShares 0-5 Year Tips Bond E | 0.31% | 28,523 | $2.9M | Add +19.7% |
| POWL Powell Industries Inc. | 0.30% | 9,923 | $2.8M | Add +0.1% |
| MFSI MFS Active International | 0.29% | 84,990 | $2.8M | Reduce -0.9% |
| IEMG iShares Core MSCI Emerging | 0.29% | 32,968 | $2.7M | Reduce -2.3% |
| MDY State Street SPDR S&P Midcap | 0.29% | 3,864 | $2.7M | Reduce -8.8% |
| VFMF Vanguard US Multifactor ETF | 0.28% | 15,156 | $2.7M | Reduce -1.3% |
| VEA Vanguard Ftse Developed ETF | 0.28% | 37,397 | $2.7M | Add +7.6% |
| RPG Invesco S&P 500 Pure Growth | 0.27% | 40,907 | $2.6M | Reduce -2.8% |
| IDV iShares International Select | 0.27% | 62,694 | $2.6M | Add +106.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.27% | 3,397 | $2.6M | Add +16.0% |
| GS Goldman Sachs Group Inc. | 0.27% | 2,549 | $2.6M | Add +3.0% |
| TXN Texas Instruments Inc. | 0.27% | 8,551 | $2.5M | Add +0.8% |
| SCHF Schwab Intl Equity ETF | 0.27% | 91,617 | $2.5M | Add +68.8% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 41,516 | $2.5M | Add +7.8% |
| SECT Main Sector Rotation ETF | 0.26% | 34,187 | $2.5M | Add +172.3% |
| CAT Caterpillar Inc. | 0.24% | 2,156 | $2.3M | Add +5.5% |
| ABBV Abbvie Inc. | 0.23% | 8,863 | $2.2M | Add +3.3% |
| GLD SPDR Gold Shares | 0.23% | 6,009 | $2.2M | Add +8.8% |
| AIQ Global X Art Intel & Tech | 0.23% | 33,549 | $2.2M | Add +14.7% |
| QUAL iShares MSCI USA Quality Fac | 0.23% | 10,011 | $2.2M | Reduce -6.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 2,898 | $2.2M | Reduce -7.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.23% | 26,834 | $2.2M | Reduce -8.6% |
| COST Costco Wholesale Corp. | 0.22% | 2,234 | $2.1M | Reduce -2.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.21% | 3,749 | $2.0M | New |
| JGRO JPMorgan Active Growth ETF | 0.21% | 20,345 | $2.0M | Add +522.7% |
| LRCX Lam Research Corp. | 0.21% | 4,622 | $2.0M | Add +3.7% |
| HD Home Depot Inc. | 0.21% | 5,678 | $2.0M | Reduce -12.6% |
| IYW iShares Ustechnology ETF | 0.21% | 7,784 | $2.0M | Add +12.0% |
| VONG Vanguard Russell 1000 Growth | 0.20% | 15,206 | $1.9M | Reduce -0.6% |
| SIO Touchstone Strtg in ETF-Iusd | 0.20% | 75,454 | $1.9M | Add +7.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.20% | 9,734 | $1.9M | Reduce -1.4% |
| PM Philip Morris International | 0.20% | 10,571 | $1.9M | Add +2.6% |
| JNJ Johnson & Johnson | 0.20% | 7,361 | $1.9M | Add +22.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.20% | 8,572 | $1.9M | Reduce -5.7% |
| PANW Palo Alto Networks Inc. | 0.19% | 5,408 | $1.8M | Reduce -4.0% |
| GEV GE Vernova Inc. | 0.19% | 1,558 | $1.8M | Add +62.5% |
| BUFP Pgim Laddered S&P 500 Buffer | 0.19% | 56,526 | $1.8M | Reduce -12.4% |
| PLTR Palantir Technologies Inc. Class A | 0.19% | 15,286 | $1.8M | Add +22.7% |
| IWM iShares Russell 2000 ETF | 0.18% | 5,840 | $1.8M | Add +7.3% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.18% | 17,614 | $1.8M | Reduce -7.2% |
| IUSG iShares Core S&P U.S. Growth | 0.18% | 8,955 | $1.7M | Add +2.7% |
| WMT Walmart Inc. | 0.18% | 14,740 | $1.7M | Reduce -13.4% |
| JPM JPMorgan Chase & Co. | 0.17% | 5,075 | $1.7M | Add +15.0% |
| PCAR Paccar Inc. | 0.17% | 13,780 | $1.7M | New |
| IVV iShares Core S&P 500 ETF | 0.17% | 2,179 | $1.6M | Add +58.1% |
| AVUV Avantis US Small Cap Value | 0.17% | 12,952 | $1.6M | Add +10.7% |
Options reported separately and not counted above: QQQ calls ($853K), DIA calls ($291K).
Portfolio Sells Q1 2026 → Q2 2026
| EVTR Eaton Vance Total Return | Reduce -61.2% | 0.68% | −1.37 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.8% | 5.05% | −0.71 |
| FBND Fidelity Total Bond ETF | Reduce -40.3% | 0.69% | −0.67 |
| VGIT Vanguard Intermediate-Term T | Reduce -94.7% | 0.03% | −0.62 |
| VCRB Vanguard Core Bond ETF | Sold out | 0.00% | −0.60 |
| RSPU Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.60 |
| IVLU iShares MSCI International V | Reduce -9.0% | 2.50% | −0.55 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.55 |
| PYLD PIMCO Multisector Bond Actv | Reduce -6.3% | 2.11% | −0.49 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -9.9% | 1.22% | −0.36 |
| XLV SS Health Care Select Sector | Reduce -74.3% | 0.11% | −0.35 |
| FVD First Trust Value Line DVD | Reduce -15.9% | 0.87% | −0.31 |
| IWY iShares Russell Top 200 Grow | Reduce -2.0% | 13.84% | −0.30 |
| XLE SS Energy Select Sector | Reduce -51.5% | 0.06% | −0.11 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -10.5% | 0.35% | −0.11 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -15.1% | 0.32% | −0.09 |
| AAPL Apple Inc. | Reduce -2.4% | 1.71% | −0.09 |
| WMT Walmart Inc. | Reduce -13.4% | 0.18% | −0.08 |
| XMHQ Invesco S&P Midcap Qual ETF | Sold out | 0.00% | −0.08 |
| LI Li Auto Inc. - ADR | Sold out | 0.00% | −0.08 |
| TAXX BBLX Irm Tax-Aware S Dur ETF | Reduce -27.1% | 0.12% | −0.07 |
| OXY Occidental Petroleum Corp. | Reduce -15.4% | 0.08% | −0.07 |
| NFLX Netflix Inc. | Reduce -9.8% | 0.09% | −0.07 |
| VYM Vanguard High DVD Yield ETF | Reduce -5.1% | 0.44% | −0.07 |
| ORCL Oracle Corp. | Reduce -27.9% | 0.10% | −0.06 |
| UBER Uber Technologies Inc. | Reduce -35.5% | 0.08% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -2.1% | 0.22% | −0.06 |
| CVX Chevron Corp. | Reduce -6.1% | 0.11% | −0.06 |
| WFC Wells Fargo & Co. | Reduce -28.4% | 0.10% | −0.06 |
| PHYL Pgim Active High Yield Bond | Reduce -15.2% | 0.14% | −0.05 |
| HD Home Depot Inc. | Reduce -12.6% | 0.21% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -10.9% | 0.37% | −0.05 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.05 |
| CDE Coeur Mining Inc. | Reduce -47.2% | 0.03% | −0.05 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -7.2% | 0.18% | −0.05 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.05 |
| BUFP Pgim Laddered S&P 500 Buffer | Reduce -12.4% | 0.19% | −0.05 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.04 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.04 |
| APA Apa Corp. | Reduce -11.0% | 0.06% | −0.04 |
| HEQT Simplify Hedged Equity ETF | Reduce -1.5% | 0.37% | −0.04 |
| BABA Alibaba Group Holding-SP ADR | Reduce -35.2% | 0.03% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -52.5% | 0.03% | −0.04 |
| MTDR Matador Resources Co. | Reduce -2.7% | 0.08% | −0.04 |
| ETHA iShares Ethereum Trust ETF | Reduce -13.6% | 0.05% | −0.04 |
| TLT iShares 20+ Year Treasury BD | Reduce -23.5% | 0.07% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -17.7% | 0.06% | −0.04 |
| SGOV iShares 0-3 Month Treasury B | Reduce -4.7% | 0.16% | −0.04 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.04 |
| MDY State Street SPDR S&P Midcap | Reduce -8.8% | 0.29% | −0.04 |
Portfolio Buys Q1 2026 → Q2 2026
| XONE Bondbloxx BBG 1 Dur US Treas | New | 2.02% | +2.02 |
| XLK SS Technology Select Sector | Add +12.6% | 4.06% | +1.12 |
| SOXX iShares Semiconductor ETF | New | 0.46% | +0.46 |
| XLB SS Materials Select Sector | Add +1677.2% | 0.40% | +0.37 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.33% | +0.33 |
| FDVV Fidelity High Dividend ETF | Add +16.6% | 4.06% | +0.33 |
| MU Micron Technology Inc. | Add +24.5% | 0.45% | +0.32 |
| AMD Advanced Micro Devices | Add +1.2% | 0.37% | +0.22 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.21% | +0.21 |
| JGRO JPMorgan Active Growth ETF | Add +522.7% | 0.21% | +0.18 |
| PCAR Paccar Inc. | New | 0.17% | +0.17 |
| SPEM State Street SP PTF Em ETF | Add +19.9% | 1.44% | +0.17 |
| SECT Main Sector Rotation ETF | Add +172.3% | 0.26% | +0.17 |
| CRWV Coreweave Inc. Class A | New | 0.14% | +0.14 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +16.0% | 0.27% | +0.13 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.9% | 2.07% | +0.12 |
| IDV iShares International Select | Add +106.6% | 0.27% | +0.11 |
| SPCX Space Exploration Techn Class A | New | 0.11% | +0.11 |
| GLW Corning Inc. | Add +141.8% | 0.14% | +0.11 |
| INTC Intel Corp. | Add +69.8% | 0.13% | +0.10 |
| SCHF Schwab Intl Equity ETF | Add +68.8% | 0.27% | +0.10 |
| RGTI Rigetti Computing Inc. | New | 0.10% | +0.10 |
| VOOG Vanguard S&P 500 Growth ETF | New | 0.10% | +0.10 |
| LRCX Lam Research Corp. | Add +3.7% | 0.21% | +0.09 |
| RKT Rocket Cos Inc. Class A | Add +272.1% | 0.13% | +0.09 |
| GEV GE Vernova Inc. | Add +62.5% | 0.19% | +0.09 |
| HALO Halozyme Therapeutics Inc. | New | 0.09% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +4.4% | 0.81% | +0.08 |
| POWL Powell Industries Inc. | Add +0.1% | 0.30% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.9% | 0.34% | +0.08 |
| CGUS Cap Group Core Equity | New | 0.07% | +0.07 |
| ACMR Acm Research Inc. Class A | New | 0.07% | +0.07 |
| CGGE Cap Group Global Eq | New | 0.07% | +0.07 |
| LLY Eli Lilly & Co. | Add +7.8% | 0.41% | +0.07 |
| MRVL Marvell Technology Inc. | New | 0.07% | +0.07 |
| TXN Texas Instruments Inc. | Add +0.8% | 0.27% | +0.07 |
| AVGO Broadcom Inc. | Add +5.3% | 0.72% | +0.06 |
| AIQ Global X Art Intel & Tech | Add +14.7% | 0.23% | +0.06 |
| CAT Caterpillar Inc. | Add +5.5% | 0.24% | +0.06 |
| COF Capital One Financial Corp. | New | 0.06% | +0.06 |
| LTM Latam Airlines Group SA-ADR | New | 0.06% | +0.06 |
| IVV iShares Core S&P 500 ETF | Add +58.1% | 0.17% | +0.06 |
| TXXI BBLX Irm Tax-Aware I Dur ETF | New | 0.06% | +0.06 |
| CGHM Cap Group Muni High-Income | New | 0.06% | +0.06 |
| AMAT Applied Materials Inc. | Add +37.6% | 0.10% | +0.06 |
| XOVR Ershares Private-Public Cros | New | 0.06% | +0.06 |
| NVDA Nvidia Corp. | Add +4.5% | 2.36% | +0.06 |
| IREN Iren Ltd. | New | 0.06% | +0.06 |
| CGMU Cap Group Municipal Income | New | 0.06% | +0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +7.8% | 0.51% | +0.05 |
Options Activity Q1 2026 → Q2 2026
| QQQ Invesco QQQ Trust Series 1 | call | New | 34 | $853K |
| INVESCO QQQ TR | call | Sold out | 29 | $365Kbefore exit |
| DIA SS SPDR Dow Jones Indus Avg | call | New | 34 | $291K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 397 | $951.8M | IWY, SCHD, IMCG, XLK, FDVV |
| Q1 2026 | 347 | $813.9M | IWY, SCHD, IMCG, FDVV, VOO |
| Q4 2025 | 315 | $794.8M | IWY, SCHD, IMCG, XLK, FDVV |
| Q3 2025 | 248 | $727.3M | IWY, SCHD, IMCG, XLK, FVD |
| Q2 2025 | 230 | $630.1M | IWY, SCHD, IMCG, XLK, FDVV |
| Q1 2025 | 185 | $521.1M | IWY, SCHD, IMCG, FVD, FDVV |
| Q4 2024 | 138 | $380.5M | IWY, SCHD, IMCG, FVD, VOO |
| Q2 2024 | 78 | $213.7M | IWY, SCHD, IMCG, FVD, VOO |
| Q1 2024 | 60 | $168.9M | SCHD, IWY, IMCG, FVD, XLK |