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  • Professor Andrea M. Armani, University of Southern California
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  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Victory Capital Reports August 2025 Total Client Assets

Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported Total Assets Under Management (AUM) of $303.7 billion, Other Assets of $2.7 billion, and Total Client Assets of $306.4 billion, as of August 31, 2025.

For the month of August, Average Total AUM was $302.4 billion, average Other Assets was $2.9 billion, and average Total Client Assets was $305.3 billion.

 

Victory Capital Holdings, Inc.

Total Client Assets (unaudited; in millions) 1

 

As of:

By Asset Class

August 31,

2025

July 31,

2025

Solutions

$

83,492

 

$

80,858

Fixed Income

 

79,950

 

 

79,721

U.S. Mid Cap Equity

 

32,080

 

 

31,966

U.S. Small Cap Equity

 

12,925

 

 

12,567

U.S. Large Cap Equity

 

61,892

 

 

62,256

Global / Non-U.S. Equity

 

26,674

 

 

25,760

Alternative Investments

 

3,020

 

 

2,991

Total Long-Term Assets

$

300,033

 

$

296,118

Money Market / Short Term Assets

 

3,691

 

 

3,715

Total Assets Under Management2

$

303,724

 

$

299,834

 

 

 

 

By Vehicle

 

 

 

Mutual Funds3

$

170,354

 

$

169,026

Separate Accounts and Other Pooled Vehicles4

 

120,399

 

 

118,713

ETFs5

 

12,971

 

 

12,095

Total Assets Under Management2

$

303,724

 

$

299,834

 

 

 

 

Other Assets6

 

 

 

Institutional

$

2,664

 

$

3,066

Total Other Assets

$

2,664

 

$

3,066

 

 

 

Total Client Assets

 

 

 

Total Assets Under Management

$

303,724

 

$

299,834

Total Other Assets

 

2,664

 

 

3,066

Total Client Assets

$

306,388

 

$

302,899

 

 

 

 

By Region

 

 

 

U.S.

$

256,622

 

$

253,832

Non-U.S.

 

49,766

 

 

49,067

Total Client Assets

$

306,388

 

$

302,899

1

Due to rounding, numbers presented in these tables may not add up precisely to the totals provided. 

2

Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets. 

3

Includes institutional and retail share classes, money market and VIP funds. 

4

Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles. 

5

Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products. 

6

Includes low-fee (2 to 4 bps) institutional assets. These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1. 

About Victory Capital

Victory Capital (NASDAQ: VCTR) is a diversified global asset management firm with $306 billion in total client assets, as of August 31, 2025. We serve institutional, intermediary, and individual clients through our Investment Franchises and Solutions Platform, which manage specialized investment strategies across traditional and alternative asset classes. Our differentiated approach combines the power of investment autonomy with the support of a robust, fully integrated operational and distribution platform. Clients have access to focused, top-tier investment talent equipped with comprehensive resources designed to deliver competitive long-term performance.

Victory Capital is headquartered in San Antonio, Texas. To learn more, visit www.vcm.com or follow us on Facebook, Twitter (X), and LinkedIn.

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

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