Victory Financial Group, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Victory Financial Group, LLC reported 347 stock positions worth $813.9 million. Its top holding was iShares Russell Top 200 Grow (IWY) at 14.1% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 5.8%) and iShares Morningstar Mid-Cap (IMCG, 4.2%). Compared with Q4 2025, it opened 61 new positions, sold out of 29, added to 196 and reduced 84. The biggest buy was PIMCO Multisector Bond Actv (PYLD, shares +45%) and the biggest sale First Trust Value Line DVD (FVD, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0002011333
- Portfolio Value
- $813.9M (Q1 2026)
- SEC Filing
- 0001754960-26-000326 ↗ filed Apr 27, 2026
Holdings Value
Holdings 347 stocks · $813.9M
| IWY iShares Russell Top 200 Grow | 14.14% | 462,598 | $115.1M | Add +3.1% |
| SCHD Schwab US DVD Equity ETF | 5.76% | 1,526,950 | $46.8M | Reduce -10.1% |
| IMCG iShares Morningstar Mid-Cap | 4.18% | 431,977 | $34.0M | Add +2.5% |
| FDVV Fidelity High Dividend ETF | 3.73% | 548,990 | $30.3M | Add +12.9% |
| VOO Vanguard S&P 500 ETF | 3.27% | 44,528 | $26.6M | Add +7.0% |
| IVLU iShares MSCI International V | 3.05% | 626,014 | $24.8M | Add +7.8% |
| XLK SS Technology Select Sector | 2.95% | 180,352 | $24.0M | Reduce -10.4% |
| PYLD PIMCO Multisector Bond Actv | 2.60% | 809,045 | $21.2M | Add +44.7% |
| IJR iShares Core S&P Small-Cap E | 2.39% | 156,215 | $19.4M | Add +1.0% |
| NVDA Nvidia Corp. | 2.30% | 107,551 | $18.8M | Add +3.4% |
| EVTR Eaton Vance Total Return | 2.05% | 328,033 | $16.6M | Reduce -10.2% |
| SLYG SS SPDR S&P 600 SC GR ETF | 1.94% | 163,534 | $15.8M | Add +9.2% |
| AAPL Apple Inc. | 1.79% | 57,525 | $14.6M | Add +0.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.75% | 65,567 | $14.2M | Add +4.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.59% | 141,027 | $12.9M | Add +5.4% |
| FBND Fidelity Total Bond ETF | 1.36% | 242,177 | $11.0M | Reduce -12.1% |
| SPEM State Street SP PTF Em ETF | 1.27% | 220,807 | $10.4M | Add +54.2% |
| FVD First Trust Value Line DVD | 1.18% | 204,164 | $9.6M | Reduce -38.3% |
| MSFT Microsoft Corp. | 0.83% | 18,327 | $6.8M | Reduce -5.7% |
| AMZN Amazon.com Inc. | 0.73% | 28,698 | $6.0M | Add +9.2% |
| GOOGL Alphabet Inc. Class A | 0.73% | 20,690 | $5.9M | Add +17.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.72% | 10,128 | $5.8M | Add +27.7% |
| TSLA Tesla Inc. | 0.70% | 15,300 | $5.7M | Add +10.8% |
| AVDV Avantis Intl S/C Value ETF | 0.66% | 53,726 | $5.4M | Add +33.0% |
| JBND JPMorgan Active Bond ETF | 0.66% | 99,327 | $5.3M | New |
| AVGO Broadcom Inc. | 0.65% | 17,129 | $5.3M | Add +7.2% |
| VGIT Vanguard Intermediate-Term T | 0.65% | 88,951 | $5.3M | Add +6.6% |
| DIVO Amplify CWP Enhan Divid ETF | 0.62% | 111,868 | $5.0M | Add +9.7% |
| VCRB Vanguard Core Bond ETF | 0.60% | 63,497 | $4.9M | Add +7.0% |
| RSPU Invesco S&P 500 Equal Weight | 0.60% | 59,765 | $4.8M | Add +302.2% |
| XLI SS Industrial Select Sector | 0.58% | 28,970 | $4.7M | Add +2.5% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.55% | 106,079 | $4.5M | Add +0.6% |
| XLC SS Comm Select Sector SPDR | 0.55% | 40,188 | $4.5M | Add +8.1% |
| META Meta Platforms Inc. Class A | 0.54% | 7,652 | $4.4M | Add +9.7% |
| VYM Vanguard High DVD Yield ETF | 0.51% | 27,962 | $4.1M | Reduce -1.6% |
| VCLT Vanguard Long-Term Corp. Bond | 0.46% | 50,075 | $3.7M | Reduce -32.9% |
| XLV SS Health Care Select Sector | 0.46% | 25,401 | $3.7M | Reduce -10.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.45% | 37,537 | $3.7M | Add +30.0% |
| FPEI First Trust Institutional PR | 0.43% | 185,938 | $3.5M | Add +7.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.42% | 10,692 | $3.4M | Add +0.3% |
| HEQT Simplify Hedged Equity ETF | 0.42% | 107,551 | $3.4M | Reduce -0.6% |
| MOAT Vaneck Morningstar Wide Moat | 0.42% | 35,033 | $3.4M | Reduce -20.9% |
| KORP American Century Diversified | 0.39% | 68,486 | $3.2M | New |
| IJT iShares S&P Small-Cap 600 GR | 0.38% | 21,420 | $3.1M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 0.36% | 10,116 | $2.9M | Add +18.1% |
| LLY Eli Lilly & Co. | 0.34% | 3,044 | $2.8M | Add +8.1% |
| ARKW ARK Next Generation Technolo | 0.34% | 22,816 | $2.8M | Add +20.2% |
| PVAL Putnam Focused LRG Cap Value | 0.33% | 58,436 | $2.7M | Add +29.4% |
| MDY State Street SPDR S&P Midcap | 0.32% | 4,236 | $2.6M | Reduce -24.2% |
| MFSI MFS Active International | 0.31% | 85,805 | $2.6M | Add +0.6% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.31% | 9,776 | $2.5M | Reduce -26.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 5,243 | $2.5M | Reduce -2.6% |
| STIP iShares 0-5 Year Tips Bond E | 0.30% | 23,827 | $2.5M | Add +110.2% |
| IXUS iShares Core Intl Stock ETF | 0.30% | 28,191 | $2.4M | Reduce -6.8% |
| BND Vanguard Total Bond Market | 0.29% | 32,498 | $2.4M | Add +19.8% |
| VFMF Vanguard US Multifactor ETF | 0.29% | 15,353 | $2.4M | Reduce -1.7% |
| GLD SPDR Gold Shares | 0.29% | 5,523 | $2.4M | Add +1.5% |
| IEMG iShares Core MSCI Emerging | 0.29% | 33,752 | $2.4M | Reduce -3.0% |
| COST Costco Wholesale Corp. | 0.28% | 2,282 | $2.3M | Add +3.1% |
| VEA Vanguard Ftse Developed ETF | 0.27% | 34,745 | $2.2M | Reduce -6.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 6,345 | $2.1M | Reduce -13.0% |
| HD Home Depot Inc. | 0.26% | 6,495 | $2.1M | Add +7.0% |
| WMT Walmart Inc. | 0.26% | 17,017 | $2.1M | Add +9.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.26% | 7,336 | $2.1M | Add +26.2% |
| GS Goldman Sachs Group Inc. | 0.26% | 2,474 | $2.1M | Add +3.2% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 38,510 | $2.1M | Reduce -16.1% |
| QUAL iShares MSCI USA Quality Fac | 0.25% | 10,724 | $2.1M | Reduce -2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.25% | 3,143 | $2.0M | Reduce -20.2% |
| RPG Invesco S&P 500 Pure Growth | 0.24% | 42,102 | $2.0M | Reduce -1.1% |
| BUFP Pgim Laddered S&P 500 Buffer | 0.24% | 64,498 | $1.9M | Add +17.4% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.23% | 18,988 | $1.9M | Reduce -13.6% |
| ABBV Abbvie Inc. | 0.23% | 8,582 | $1.9M | Add +11.4% |
| PLTR Palantir Technologies Inc. Class A | 0.22% | 12,462 | $1.8M | Add +24.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.22% | 9,869 | $1.8M | Reduce -4.1% |
| SIO Touchstone Strtg in ETF-Iusd | 0.22% | 70,043 | $1.8M | Reduce -15.1% |
| POWL Powell Industries Inc. | 0.22% | 3,303 | $1.8M | Add +0.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.22% | 9,089 | $1.8M | Add +22.4% |
| XOM Exxon Mobil Corp. | 0.22% | 10,326 | $1.8M | Add +5.2% |
| PM Philip Morris International | 0.21% | 10,306 | $1.7M | Reduce -24.3% |
| VONG Vanguard Russell 1000 Growth | 0.21% | 15,290 | $1.7M | Add +10.9% |
| TXN Texas Instruments Inc. | 0.20% | 8,487 | $1.6M | Add +15.7% |
| SGOV iShares 0-3 Month Treasury B | 0.20% | 16,348 | $1.6M | Reduce -4.5% |
| PHYL Pgim Active High Yield Bond | 0.20% | 46,375 | $1.6M | Add +84.4% |
| TAXX BBLX Irm Tax-Aware S Dur ETF | 0.20% | 31,394 | $1.6M | Add +7.3% |
| V Visa Inc. Class A | 0.19% | 5,172 | $1.6M | Add +8.4% |
| GBIL Goldman Sachs Access Treasur | 0.19% | 15,288 | $1.5M | Add +2.9% |
| JNJ Johnson & Johnson | 0.18% | 6,023 | $1.5M | Add +10.8% |
| XLE SS Energy Select Sector | 0.18% | 23,818 | $1.5M | Add +13.5% |
| CAT Caterpillar Inc. | 0.18% | 2,043 | $1.4M | Add +44.4% |
| MPC Marathon Petroleum Corp. | 0.17% | 5,622 | $1.4M | Add +76.5% |
| AIQ Global X Art Intel & Tech | 0.17% | 29,245 | $1.4M | Add +12.3% |
| IUSG iShares Core S&P U.S. Growth | 0.17% | 8,723 | $1.4M | Add +84.3% |
| ORCL Oracle Corp. | 0.17% | 9,193 | $1.4M | Add +126.5% |
| IWM iShares Russell 2000 ETF | 0.17% | 5,444 | $1.4M | Add +30.3% |
| CVX Chevron Corp. | 0.17% | 6,507 | $1.3M | Add +1.0% |
| SCHF Schwab Intl Equity ETF | 0.17% | 54,260 | $1.3M | Add +14.8% |
| NFLX Netflix Inc. | 0.16% | 13,611 | $1.3M | Reduce -2.7% |
| JPM JPMorgan Chase & Co. | 0.16% | 4,412 | $1.3M | Reduce -4.8% |
| EFA iShares MSCI Eafe ETF | 0.16% | 13,315 | $1.3M | Reduce -1.0% |
| AVUV Avantis US Small Cap Value | 0.16% | 11,700 | $1.3M | Add +41.1% |
Options reported separately and not counted above: INVESCO QQQ TR calls ($365K).
Portfolio Sells Q4 2025 → Q1 2026
| FVD First Trust Value Line DVD | Reduce -38.3% | 1.18% | −0.74 |
| XLK SS Technology Select Sector | Reduce -10.4% | 2.95% | −0.70 |
| XLF SS Financial Select Sector | Reduce -93.1% | 0.03% | −0.42 |
| FLCC Fed Hermes Large Cap Core | Reduce -81.0% | 0.08% | −0.36 |
| MSFT Microsoft Corp. | Reduce -5.7% | 0.83% | −0.35 |
| EVTR Eaton Vance Total Return | Reduce -10.2% | 2.05% | −0.32 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -32.9% | 0.46% | −0.25 |
| FBND Fidelity Total Bond ETF | Reduce -12.1% | 1.36% | −0.24 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -20.9% | 0.42% | −0.16 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -26.1% | 0.31% | −0.16 |
| WFC Wells Fargo & Co. | Reduce -33.7% | 0.16% | −0.13 |
| SCZ iShares MSCI Eafe Small-Cap | Sold out | 0.00% | −0.12 |
| SCHD Schwab US DVD Equity ETF | Reduce -10.1% | 5.76% | −0.11 |
| MDY State Street SPDR S&P Midcap | Reduce -24.2% | 0.32% | −0.10 |
| SLV iShares Silver Trust | Reduce -59.1% | 0.07% | −0.10 |
| DBEF Xtrackers MSCI Eafe Hedged E | Sold out | 0.00% | −0.09 |
| XLV SS Health Care Select Sector | Reduce -10.2% | 0.46% | −0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -20.2% | 0.25% | −0.09 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.07 |
| PM Philip Morris International | Reduce -24.3% | 0.21% | −0.07 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.06 |
| TPR Tapestry Inc. | Reduce -35.2% | 0.13% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -16.1% | 0.26% | −0.05 |
| IDEQ Lazard Intl Dynamic Eqy ETF | Reduce -39.1% | 0.08% | −0.05 |
| SIO Touchstone Strtg in ETF-Iusd | Reduce -15.1% | 0.22% | −0.05 |
| CGUS Cap Group Core Equity | Sold out | 0.00% | −0.05 |
| EEM iShares MSCI Emerging Market | Reduce -62.4% | 0.03% | −0.05 |
| VGT Vanguard Info Tech ETF | Sold out | 0.00% | −0.05 |
| APP AppLovin Corp. Class A | Reduce -10.9% | 0.05% | −0.04 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -13.6% | 0.23% | −0.04 |
| APLD Applied Digital Corp. | Reduce -56.1% | 0.03% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.04 |
| MAGS Roundhill Magnificent Seven | Reduce -15.8% | 0.10% | −0.04 |
| ZECP Zacks Earnings Consistent Po | Reduce -34.7% | 0.06% | −0.04 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.04 |
| STXG Strive 1000 Growth ETF | Sold out | 0.00% | −0.03 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.03 |
| GROZ Zacks Focus Growth ETF | Reduce -32.1% | 0.05% | −0.03 |
| PATH Uipath Inc. Class A | Sold out | 0.00% | −0.03 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.03 |
| RNST Renasant Corp. | Sold out | 0.00% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.6% | 0.31% | −0.03 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Sold out | 0.00% | −0.03 |
| RDVY First Trust Rising Dividend | Reduce -13.5% | 0.15% | −0.03 |
| BAC Bank of America Corp. | Reduce -15.4% | 0.08% | −0.03 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.03 |
| CRM Salesforce Inc. | Reduce -10.3% | 0.05% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -4.8% | 0.16% | −0.03 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.03 |
| Q Qnity Electronics Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| PYLD PIMCO Multisector Bond Actv | Add +44.7% | 2.60% | +0.73 |
| JBND JPMorgan Active Bond ETF | New | 0.66% | +0.66 |
| RSPU Invesco S&P 500 Equal Weight | Add +302.2% | 0.60% | +0.46 |
| SPEM State Street SP PTF Em ETF | Add +54.2% | 1.27% | +0.43 |
| KORP American Century Diversified | New | 0.39% | +0.39 |
| IVLU iShares MSCI International V | Add +7.8% | 3.05% | +0.27 |
| FDVV Fidelity High Dividend ETF | Add +12.9% | 3.73% | +0.26 |
| AVDV Avantis Intl S/C Value ETF | Add +33.0% | 0.66% | +0.18 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +9.2% | 1.94% | +0.17 |
| STIP iShares 0-5 Year Tips Bond E | Add +110.2% | 0.30% | +0.16 |
| MTDR Matador Resources Co. | New | 0.12% | +0.12 |
| XCCC Bondbloxx-CCC-Usd HY Corp. BD | New | 0.11% | +0.11 |
| APA Apa Corp. | New | 0.11% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +27.7% | 0.72% | +0.11 |
| MPC Marathon Petroleum Corp. | Add +76.5% | 0.17% | +0.10 |
| DHC Diversified Healthcare Trust | New | 0.09% | +0.09 |
| POWL Powell Industries Inc. | Add +0.2% | 0.22% | +0.09 |
| PHYL Pgim Active High Yield Bond | Add +84.4% | 0.20% | +0.09 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +4.8% | 1.75% | +0.08 |
| DFAI Dimensional International Co. | New | 0.08% | +0.08 |
| CMCSA Comcast Corp. Class A | New | 0.08% | +0.08 |
| CAT Caterpillar Inc. | Add +44.4% | 0.18% | +0.08 |
| PVAL Putnam Focused LRG Cap Value | Add +29.4% | 0.33% | +0.07 |
| INTU Intuit Inc. | Add +370.8% | 0.11% | +0.07 |
| ORCL Oracle Corp. | Add +126.5% | 0.17% | +0.07 |
| XOM Exxon Mobil Corp. | Add +5.2% | 0.22% | +0.07 |
| IUSG iShares Core S&P U.S. Growth | Add +84.3% | 0.17% | +0.07 |
| BUYW Main Buywrite ETF | New | 0.07% | +0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +30.0% | 0.45% | +0.06 |
| SECT Main Sector Rotation ETF | Add +239.9% | 0.09% | +0.06 |
| XLE SS Energy Select Sector | Add +13.5% | 0.18% | +0.06 |
| AVUV Avantis US Small Cap Value | Add +41.1% | 0.16% | +0.05 |
| NOBL Proshares S&P 500 Dividend A | New | 0.05% | +0.05 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +5.4% | 1.59% | +0.05 |
| AAP Advance Auto Parts Inc. | New | 0.05% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +26.2% | 0.26% | +0.05 |
| IJR iShares Core S&P Small-Cap E | Add +1.0% | 2.39% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +101.3% | 0.09% | +0.05 |
| GDX Vaneck Gold Miners ETF | New | 0.05% | +0.05 |
| DIVO Amplify CWP Enhan Divid ETF | Add +9.7% | 0.62% | +0.05 |
| LNG Cheniere Energy Inc. | New | 0.04% | +0.04 |
| GEV GE Vernova Inc. | Add +33.8% | 0.10% | +0.04 |
| IAU iShares Gold Trust | New | 0.04% | +0.04 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.04% | +0.04 |
| TXN Texas Instruments Inc. | Add +15.7% | 0.20% | +0.04 |
| WMT Walmart Inc. | Add +9.7% | 0.26% | +0.04 |
| CVX Chevron Corp. | Add +1.0% | 0.17% | +0.04 |
| BE Bloom Energy Corp. Class A | New | 0.04% | +0.04 |
| BND Vanguard Total Bond Market | Add +19.8% | 0.29% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +86.1% | 0.11% | +0.04 |
Options Activity Q4 2025 → Q1 2026
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 29 | $476Kbefore exit |
| INVESCO QQQ TR | call | New | 29 | $365K |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 13 | $210Kbefore exit |
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 |