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VICTORY PORTFOLIOS II VCSHS US EQ INCM ETF
VICTORY PORTFOLIOS II VCSHS US EQ INCM ETF. Institutional holdings reported to the SEC.

Institutional Holders (2017Q1)
Portfolio Summary: 33 Institutional holders with a total value of $232,162,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 LPL Financial LLC 2,405,534 102,716,000 44.24%
2 UBS Group AG 535,923 22,996,000 9.91%
3 ROYAL BANK OF CANADA 415,260 17,819,000 7.68%
4 MORGAN STANLEY 386,880 16,601,000 7.15%
5 BANK OF AMERICA CORP /DE/ 293,420 12,591,000 5.42%
6 RAYMOND JAMES & ASSOCIATES 198,640 8,525,000 3.67%
7 Raymond James Financial Services Advisors, Inc. 182,433 7,828,000 3.37%
8 CWM, LLC 174,312 7,480,000 3.22%
9 Stratos Wealth Partners, LTD. 128,647 5,520,000 2.38%
10 STIFEL FINANCIAL CORP 102,671 4,404,000 1.90%
11 VICTORY CAPITAL MANAGEMENT INC 81,520 3,498,000 1.51%
12 AMERIPRISE FINANCIAL INC 72,735 3,117,000 1.34%
13 IFP ADVISORS, INC 70,028 3,005,000 1.29%
14 INDEPENDENT ADVISOR ALLIANCE 70,302 2,996,000 1.29%
15 LADENBURG THALMANN FINANCIAL SERVICES INC. 62,305 2,674,000 1.15%
16 JANE STREET GROUP, LLC 43,370 1,861,000 0.80%
17 Cambridge Investment Research Advisors, Inc. 37,861 1,625,000 0.70%
18 ADVISOR GROUP, INC. 25,636 1,099,000 0.47%
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 25,439 1,091,000 0.47%
20 FLAGSHIP HARBOR ADVISORS, LLC 21,640 922,000 0.40%
21 CORNERSTONE WEALTH MANAGEMENT, LLC 13,248 567,000 0.24%
22 First Heartland Consultants, Inc. 12,555 539,000 0.23%
23 NATIONAL PLANNING CORP 12,393 529,000 0.23%
24 SII INVESTMENTS INC/WI 11,426 490,000 0.21%
25 Private Advisor Group, LLC 10,780 459,000 0.20%
26 Commonwealth Equity Services, Inc 7,133 306,000 0.13%
27 ENVESTNET ASSET MANAGEMENT INC 6,200 266,000 0.11%
28 CITADEL ADVISORS LLC 4,746 204,000 0.09%
29 CIBC BANK USA 4,742 203,000 0.09%
30 NEXT Financial Group, Inc 3,902 168,000 0.07%
31 ROYAL FUND MANAGEMENT, LLC 1,358 58,000 0.02%
32 WELLS FARGO & COMPANY/MN 114 5,000 0.00%
33 Parallax Volatility Advisers, L.P. 1 0 0.00%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.