Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $157.6 billion as of April 30, 2023, and average assets under management for April of $157.6 billion. The Company also noted a single $1.1 billion institutional redemption occurred during April from a passive equity strategy that is represented below in the Solutions Asset Class. It was priced at three basis points and made no meaningful margin contribution.
Victory Capital Holdings, Inc. |
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Assets Under Management1 |
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(unaudited; in millions) |
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As of: |
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By Asset Class |
April 30, 2023 |
March 31, 2023 |
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Solutions |
$ |
53,783 |
|
$ |
54,416 |
Fixed Income |
|
26,467 |
|
|
26,535 |
U.S. Mid Cap Equity |
|
29,017 |
|
|
29,035 |
U.S. Small Cap Equity |
|
15,100 |
|
|
15,648 |
U.S. Large Cap Equity |
|
11,462 |
|
|
11,425 |
Global / Non-U.S. Equity |
|
15,196 |
|
|
14,868 |
Alternative Investments |
|
3,371 |
|
|
3,317 |
Total Long-Term Assets |
$ |
154,397
|
|
$ |
155,244
|
Money Market / Short Term Assets |
|
3,161 |
|
|
3,377 |
Total Assets Under Management |
$ |
157,558 |
|
$ |
158,621 |
|
|
|
|
|
|
By Vehicle |
|
|
|
|
|
Mutual Funds2 |
$ |
103,263 |
|
$ |
103,246 |
Separate Accounts and Other Pooled Vehicles3 |
|
48,792 |
|
|
49,819 |
ETFs4 |
|
5,502 |
|
|
5,555 |
Total Assets Under Management |
$ |
157,558 |
|
$ |
158,621 |
|
|
|
|
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|
1Total AUM includes both discretionary and non-discretionary client assets. Due to rounding, numbers presented in these tables may not add up precisely to the totals provided. |
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2Includes institutional and retail share classes, money market and VIP funds. |
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3Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles. 4Represents only ETF assets held by third parties. Excludes ETF assets held by other Victory Capital products. |
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About Victory Capital
Victory Capital is a diversified global asset management firm with $157.6 billion in assets under management as of April 30, 2023. It was ranked No. 55 on the Fortune 100 Fastest-Growing Companies list for 2022 and is one of only 24 companies to make the list for the second consecutive year. The Company employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.
Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, and a 529 Education Savings Plan.
Victory Capital is headquartered in San Antonio, Texas, with offices nationwide and investment professionals in the U.S. and abroad. To learn more please visit www.vcm.com or follow Victory Capital on Twitter and LinkedIn.
From Fortune. © 2022 Fortune Media IP Limited All rights reserved. Fortune is a registered trademark of Fortune Media IP Limited and is used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Victory Capital Holdings, Inc.
The Fortune annual list ranks the top performing, publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2022.
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Contacts
Investors:
Matthew Dennis, CFA
Chief of Staff
Director, Investor Relations
216-898-2412
mdennis@vcm.com
Media:
Jessica Davila
Director of Global Communications
210-694-9693
Jessica_davila@vcm.com
