NPORT-P false 0001547580 XXXXXXXX S000049907 C000157588 Victory Portfolios II 811-22696 0001547580 00000000000000000000 4900 Tiedeman Road 4th Floor Brooklyn 44144 800-539-3863 VictoryShares US Large Cap High Div Vol Wtd ETF S000049907 549300RS1Y46ILB96P77 2020-06-30 2019-12-31 N 364950046.67 5404296.6 359545750.07 0 0 0 0 0 0 0 0 0 0 0 0 0 527479.18 USD N STEEL DYNAMICS, INC. 549300HGGKEL4FYTTQ83 858119100 84513.00000000 NS USD 2876822.52000000 0.800126971168 Long EC CORP US N 1 N N N AMERICAN ELECTRIC POWER COMPANY, INC. 1B4S6S7G0TW5EE83BO58 025537101 55310.00000000 NS USD 5227348.10000000 1.453875646974 Long EC CORP US N 1 N N N ARCHER-DANIELS-MIDLAND COMPANY 549300LO13MQ9HYSTR83 039483102 95879.00000000 NS USD 4443991.65000000 1.236001718594 Long EC CORP US N 1 N N N BRISTOL-MYERS SQUIBB COMPANY HLYYNH7UQUORYSJQCN42 110122108 54747.00000000 NS USD 3514209.93000000 0.977402716988 Long EC CORP US N 1 N N N THE COCA-COLA COMPANY UWJKFUJFZ02DKWI3RY53 191216100 73566.00000000 NS USD 4071878.10000000 1.132506252460 Long EC CORP US N 1 N N N WHIRLPOOL CORPORATION WHENKOULSSK7WUM60H03 963320106 17073.00000000 NS USD 2518779.69000000 0.700544976406 Long EC CORP US N 1 N N N CUMMINS INC. ZUNI8PYC725B6H8JU438 231021106 21163.00000000 NS USD 3787330.48000000 1.053365386536 Long EC CORP US N 1 N N N STATE STREET CORPORATION 549300ZFEEJ2IP5VME73 857477103 57111.00000000 NS USD 4517480.10000000 1.256440967281 Long EC CORP US N 1 N N N SONOCO PRODUCTS COMPANY GKOMIK4RDJGHEF0VNP11 835495102 75972.00000000 NS USD 4688991.84000000 1.304143308351 Long EC CORP US N 1 N N N FIRSTENERGY CORP. 549300SVYJS666PQJH88 337932107 99826.00000000 NS USD 4851543.60000000 1.349353621633 Long EC CORP US N 1 N N N PRUDENTIAL FINANCIAL, INC. 5PRBRS5FEH7NREC8OR45 744320102 36768.00000000 NS USD 3446632.32000000 0.958607442677 Long EC CORP US N 1 N N N MAXIM INTEGRATED PRODUCTS, INC. SO0H5YEO14Y4PVKQH532 57772K101 46889.00000000 NS USD 2884142.39000000 0.802162837257 Long EC CORP US N 1 N N N GILEAD SCIENCES, INC. 549300WTZWR07K8MNV44 375558103 53430.00000000 NS USD 3471881.40000000 0.965629937031 Long EC CORP US N 1 N N N CONSOLIDATED EDISON, INC. 54930033SBW53OO8T749 209115104 54863.00000000 NS USD 4963455.61000000 1.380479565961 Long EC CORP US N 1 N N N ONEOK, INC. 2T3D6M0JSY48PSZI1Q41 682680103 45124.00000000 NS USD 3414533.08000000 0.949679722075 Long EC CORP US N 1 N N N CATERPILLAR INC. WRJR7GS4GTRECRRTVX92 149123101 22810.00000000 NS USD 3368580.80000000 0.936899073162 Long EC CORP US N 1 N N N FRANKLIN RESOURCES, INC. RIFQSET379FOGTEFKS80 354613101 116511.00000000 NS USD 3026955.78000000 0.841883342915 Long EC CORP US N 1 N N N THE AES CORPORATION 2NUNNB7D43COUIRE5295 00130H105 221164.00000000 NS USD 4401163.60000000 1.224090007778 Long EC CORP US N 1 N N N FIFTH THIRD BANCORP THRNG6BD57P9QWTQLG42 316773100 112614.00000000 NS USD 3461754.36000000 0.962813316337 Long EC CORP US N 1 N N N DUKE ENERGY CORPORATION I1BZKREC126H0VB1BL91 26441C204 58744.00000000 NS USD 5358040.24000000 1.490224884860 Long EC CORP US N 1 N N N EXELON CORPORATION 3SOUA6IRML7435B56G12 30161N101 100243.00000000 NS USD 4570078.37000000 1.271070056901 Long EC CORP US N 1 N N N JUNIPER NETWORKS, INC. AUHIXNGG7U2U7JEHM527 48203R104 136510.00000000 NS USD 3362241.30000000 0.935135876128 Long EC CORP US N 1 N N N KIMBERLY-CLARK CORPORATION MP3J6QPYPGN75NVW2S34 494368103 25320.00000000 NS USD 3482766.00000000 0.968657256919 Long EC CORP US N 1 N N N INTERNATIONAL PAPER COMPANY 824LMFJDH41EY779Q875 460146103 69423.00000000 NS USD 3196929.15000000 0.889157819103 Long EC CORP US N 1 N N N VERIZON COMMUNICATIONS INC. 2S72QS2UO2OESLG6Y829 92343V104 71366.00000000 NS USD 4381872.40000000 1.218724570975 Long EC CORP US N 1 N N N KEYCORP RKPI3RZGV1V1FJTH5T61 493267108 164556.00000000 NS USD 3330613.44000000 0.926339259844 Long EC CORP US N 1 N N N KINDER MORGAN, INC. 549300WR7IX8XE0TBO16 49456B101 181168.00000000 NS USD 3835326.56000000 1.066714474932 Long EC CORP US N 1 N N N AT&T INC. 549300Z40J86GGSTL398 00206R102 110796.00000000 NS USD 4329907.68000000 1.204271689807 Long EC CORP US N 1 N N N 3M COMPANY LUZQVYP4VS22CLWDAR65 88579Y101 17952.00000000 NS USD 3167091.84000000 0.880859206202 Long EC CORP US N 1 N N N HALLIBURTON COMPANY ENYF8GB5SMQZ25S06U51 406216101 110985.00000000 NS USD 2715802.95000000 0.755342803932 Long EC CORP US N 1 N N N THE PROGRESSIVE CORPORATION 529900TACNVLY9DCR586 743315103 45281.00000000 NS USD 3277891.59000000 0.911675799077 Long EC CORP US N 1 N N N PEOPLE'S UNITED FINANCIAL, INC. ROPY7PEPIPIDJNF0BO69 712704105 232792.00000000 NS USD 3934184.80000000 1.094209790891 Long EC CORP US N 1 N N N CHEVRON CORPORATION N/A 166764100 31764.00000000 NS USD 3827879.64000000 1.064643272589 Long EC CORP US N 1 N N N THE WESTERN UNION COMPANY 28ID94QU1140NC23S047 959802109 192055.00000000 NS USD 5143232.90000000 1.430480793890 Long EC CORP US N 1 N N CISCO SYSTEMS, INC. 8E6NF1YAL0WT6CWXXV93 17275R102 61442.00000000 NS USD 2946758.32000000 0.819578125850 Long EC CORP US N 1 N N N WESTROCK COMPANY N/A 96145D105 63909.00000000 NS USD 2742335.19000000 0.762722181938 Long EC CORP US N 1 N N N HP INC. WHKXQACZ14C5XRO8LW03 40434L105 127873.00000000 NS USD 2627790.15000000 0.730863916341 Long EC CORP US N 1 N N N ZIONS BANCORPORATION, NATIONAL ASSOCIATION 8WH0EE09O9V05QJZ3V89 989701107 70256.00000000 NS USD 3647691.52000000 1.014527781037 Long EC CORP US N 1 N N N CARDINAL HEALTH, INC. CCU46N3GJMF4OK4N7U60 14149Y108 59255.00000000 NS USD 2997117.90000000 0.833584571481 Long EC CORP US N 1 N N N THE J. M. SMUCKER COMPANY 5493000WDH6A0LHDJD55 832696405 32072.00000000 NS USD 3339657.36000000 0.928854633756 Long EC CORP US N 1 N N N BEST BUY CO., INC. HL5XPTVRV0O8TUN5LL90 086516101 32519.00000000 NS USD 2855168.20000000 0.794104282819 Long EC CORP US N 1 N N N PINNACLE WEST CAPITAL CORPORATION TWSEY0NEDUDCKS27AH81 723484101 48843.00000000 NS USD 4392450.99000000 1.221666780693 Long EC CORP US N 1 N N N KOHL'S CORPORATION 549300JF6LPRTRJ0FH50 500255104 39306.00000000 NS USD 2002640.70000000 0.556991898697 Long EC CORP US N 1 N N N SYNOVUS FINANCIAL CORP. 549300EIUS8UN5JTLE54 87161C501 73379.00000000 NS USD 2876456.80000000 0.800025253932 Long EC CORP US N 1 N N N JPMORGAN CHASE & CO. 8I5DZWZKVSZI1NUHU748 46625H100 34655.00000000 NS USD 4830907.00000000 1.343613990447 Long EC CORP US N 1 N N N METLIFE, INC. C4BXATY60WC6XEOZDX54 59156R108 79660.00000000 NS USD 4060270.20000000 1.129277762067 Long EC CORP US N 1 N N N CENTERPOINT ENERGY, INC. 21TPXMRRHFKOBHDC8J74 15189T107 167119.00000000 NS USD 4557335.13000000 1.267525795844 Long EC CORP US N 1 N N N PAYCHEX, INC. 529900K900DW6SUBM174 704326107 50939.00000000 NS USD 4332871.34000000 1.205095968776 Long EC CORP US N 1 N N N OCCIDENTAL PETROLEUM CORPORATION IM7X0T3ECJW4C1T7ON55 674599105 61486.00000000 NS USD 2533838.06000000 0.704733141611 Long EC CORP US N 1 N N N WYNN RESORTS, LIMITED 254900CEKKWIHTEAB172 983134107 16880.00000000 NS USD 2344125.60000000 0.651968657547 Long EC CORP US N 1 N N N MDU RESOURCES GROUP, INC. N/A 552690109 160440.00000000 NS USD 4766672.40000000 1.325748503235 Long EC CORP US N 1 N N N Schlumberger N.V. 213800ZUA17OK3QLGM62 806857108 74264.00000000 NS USD 2985412.80000000 0.830329046976 Long EC CORP CW N 1 N N N PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED PUSS41EMO3E6XXNV3U28 744573106 79410.00000000 NS USD 4689160.50000000 1.304190217541 Long EC CORP US N 1 N N N REGIONS FINANCIAL CORPORATION CW05CS5KW59QTC0DG824 7591EP100 185217.00000000 NS USD 3178323.72000000 0.883983114633 Long EC CORP US N 1 N N N S&P 500 EMINI FUTURE MAR20 N/A N/A 3.00000000 NC USD 4492.91000000 0.001249607316 N/A DE US N 1 XCME N/A Long S&P 500 Future (e-Mini) Mar 2020 ESH0 2020-03-20 480172.09 USD 4492.91 N N N GENERAL MILLS, INC. 2TGYMUGI08PO8X8L6150 370334104 68712.00000000 NS USD 3680214.72000000 1.023573417091 Long EC CORP US N 1 N N N THE GAP, INC. T2ZG1WRWZ4BUCMQL9224 364760108 120379.00000000 NS USD 2128300.72000000 0.591941559477 Long EC CORP US N 1 N N N GENERAL MOTORS COMPANY 54930070NSV60J38I987 37045V100 84997.00000000 NS USD 3110890.20000000 0.865227915889 Long EC CORP US N 1 N N N Philip Morris International Inc. HL3H1H2BGXWVG3BSWR90 718172109 36893.00000000 NS USD 3139225.37000000 0.873108740511 Long EC CORP US N 1 N N N Truist Financial Corporation 549300DRQQI75D2JP341 89832Q109 73958.00000000 NS USD 4165314.56000000 1.158493615677 Long EC CORP US N 1 N N N EATON CORPORATION PUBLIC LIMITED COMPANY 549300VDIGTMXUNT7H71 G29183103 41677.00000000 NS USD 3947645.44000000 1.097953581493 Long EC CORP IE N 1 N N N RALPH LAUREN CORPORATION HO1QNWM0IXBZ0QSMMO20 751212101 28341.00000000 NS USD 3322132.02000000 0.923980333338 Long EC CORP US N 1 N N N SEAGATE TECHNOLOGY PUBLIC LIMITED COMPANY 396PBGKP6TE3O062MS44 G7945M107 45392.00000000 NS USD 2700824.00000000 0.751176727711 Long EC CORP IE N 1 N N N TCF FINANCIAL CORPORATION 549300UK6KFVK4A0D603 872307103 65184.00000000 NS USD 3050611.20000000 0.848462594650 Long EC CORP US N 1 N N N Evergy, Inc. 549300PGTHDQY6PSUI61 30034W106 74987.00000000 NS USD 4880903.83000000 1.357519544883 Long EC CORP US N 1 N N N PPL CORPORATION 9N3UAJSNOUXFKQLF3V18 69351T106 145998.00000000 NS USD 5238408.24000000 1.456951789578 Long EC CORP US N 1 N N N INVESCO LTD. ECPGFXU8A2SHKVVGJI15 G491BT108 170397.00000000 NS USD 3063738.06000000 0.852113551447 Long EC CORP BM N 1 N N BLACKROCK, INC. 549300LRIF3NWCU26A80 09247X101 8109.00000000 NS USD 4076394.30000000 1.133762337395 Long EC CORP US N 1 N N N EASTMAN CHEMICAL COMPANY FDPVHDGJ1IQZFK9KH630 277432100 41038.00000000 NS USD 3252671.88000000 0.904661473363 Long EC CORP US N 1 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 949746101 76929.00000000 NS USD 4138780.20000000 1.151113648039 Long EC CORP US N 1 N N N BROADCOM INC. 549300WV6GIDOZJTV909 11135F101 8386.00000000 NS USD 2650143.72000000 0.737081086199 Long EC CORP US N 1 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 617446448 72234.00000000 NS USD 3692602.08000000 1.027018697698 Long EC CORP US N 1 N N N COMERICA INCORPORATED I9Q57JVPWHHZ3ZGBW498 200340107 43893.00000000 NS USD 3149322.75000000 0.875917111907 Long EC CORP US N 1 N N N TAPESTRY, INC 549300LJNVY5SW3VTN33 876030107 79293.00000000 NS USD 2138532.21000000 0.594787230716 Long EC CORP US N 1 N N N LyondellBasell Industries N.V. BN6WCCZ8OVP3ITUUVN49 N53745100 33580.00000000 NS USD 3172638.40000000 0.882401863846 Long EC CORP NL N 1 N N N GENUINE PARTS COMPANY 549300D46DQVEU651W04 372460105 44681.00000000 NS USD 4746462.63000000 1.320127585731 Long EC CORP US N 1 N N N PHILLIPS 66 5493005JBO5YSIGK1814 718546104 31568.00000000 NS USD 3516990.88000000 0.978176179057 Long EC CORP US N 1 N N N NEW YORK COMMUNITY BANCORP, INC. 529900HVXOTLY61GL030 649445103 278149.00000000 NS USD 3343350.98000000 0.929881935567 Long EC CORP US N 1 N N N CONAGRA BRANDS, INC. 54930035UDEIH090K650 205887102 65533.00000000 NS USD 2243849.92000000 0.624079110812 Long EC CORP US N 1 N N N JOHNSON & JOHNSON 549300G0CFPGEF6X2043 478160104 29328.00000000 NS USD 4278075.36000000 1.189855632883 Long EC CORP US N 1 N N N INTERNATIONAL BUSINESS MACHINES CORPORATION VGRQXHF3J8VDLUA7XE92 459200101 25061.00000000 NS USD 3359176.44000000 0.934283450533 Long EC CORP US N 1 N N N CITIZENS FINANCIAL GROUP, INC. 2138004JDDA4ZQUPFW65 174610105 82263.00000000 NS USD 3340700.43000000 0.929144741482 Long EC CORP US N 1 N N N EXXON MOBIL CORPORATION J3WHBG0MTS7O8ZVMDC91 30231G102 55980.00000000 NS USD 3906284.40000000 1.086449888293 Long EC CORP US N 1 N N N UNITED PARCEL SERVICE, INC. D01LMJZU09ULLNCY6Z23 911312106 23484.00000000 NS USD 2749037.04000000 0.764586158914 Long EC CORP US N 1 N N N PACKAGING CORPORATION OF AMERICA 549300XZP8MFZFY8TJ84 695156109 28282.00000000 NS USD 3167301.18000000 0.880917429668 Long EC CORP US N 1 N N N THE SOUTHERN COMPANY 549300FC3G3YU2FBZD92 842587107 87617.00000000 NS USD 5581202.90000000 1.552292830304 Long EC CORP US N 1 N N N NETAPP, INC. QTX3D84DZDD5JYOCYH15 64110D104 41203.00000000 NS USD 2564886.75000000 0.713368674084 Long EC CORP US N 1 N N N XEROX HOLDINGS CORPORATION N/A 98421M106 75712.00000000 NS USD 2791501.44000000 0.776396728220 Long EC CORP US N 1 N N N SANTANDER CONSUMER USA HOLDINGS INC. 5493004SHNXEHHZ58X76 80283M101 112020.00000000 NS USD 2617907.40000000 0.728115239712 Long EC CORP US N 1 N N N OMNICOM GROUP INC. HKUPACFHSSASQK8HLS17 681919106 51158.00000000 NS USD 4144821.16000000 1.152793812524 Long EC CORP US N 1 N N N PRINCIPAL FINANCIAL GROUP, INC. CUMYEZJOAF02RYZ1JJ85 74251V102 54876.00000000 NS USD 3018180.00000000 0.839442546438 Long EC CORP US N 1 N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 02209S103 65952.00000000 NS USD 3291664.32000000 0.915506390872 Long EC CORP US N 1 N N N HOLLYFRONTIER CORPORATION 549300J3U2WK73C9ZK26 436106108 51155.00000000 NS USD 2594070.05000000 0.721485388019 Long EC CORP US N 1 N N N HUNTINGTON BANCSHARES INCORPORATED 549300XTVCVV9I7B5T19 446150104 229194.00000000 NS USD 3456245.52000000 0.961281149708 Long EC CORP US N 1 N N N VALERO ENERGY CORPORATION 549300XTO5VR8SKV1V74 91913Y100 32795.00000000 NS USD 3071251.75000000 0.854203324445 Long EC CORP US N 1 N N N EMERSON ELECTRIC CO. FGLT0EWZSUIRRITFOA30 291011104 54541.00000000 NS USD 4159296.66000000 1.156819864840 Long EC CORP US N 1 N N N MOLSON COORS BREWING COMPANY 54930073LBBH6ZCBE225 60871R209 57077.00000000 NS USD 3076450.30000000 0.855649190513 Long EC CORP US N 1 N N N NUCOR CORPORATION 549300GGJCRSI2TIEJ46 670346105 59625.00000000 NS USD 3355695.00000000 0.933315162075 Long EC CORP US N 1 N N N WALGREENS BOOTS ALLIANCE, INC. 549300RPTUOIXG4LIH86 931427108 52569.00000000 NS USD 3099468.24000000 0.862051140750 Long EC CORP US N 1 N N N OGE ENERGY CORP. CE5OG6JPOZMDSA0LAQ19 670837103 109640.00000000 NS USD 4875690.80000000 1.356069651511 Long EC CORP US N 1 N N N WATSCO, INC. 549300F1Y3LN5BX5WN75 942622200 20650.00000000 NS USD 3720097.50000000 1.034665963726 Long EC CORP US N 1 N N FIDELITY GOVERNMENT PORTFOLIO N/A 1849969A6 1383182.00000000 NS USD 1383182.14000000 0.384702681016 Long STIV RF US N 1 N N JPMORGAN PRIME MONEY MARKET FUND N/A 4812A0367 919208.00000000 NS USD 919208.26999999 0.255658221470 Long STIV RF US N 1 N N FIDELITY PRIME MONEY MARKET PORTFOLIO N/A 31607A208 41934.00000000 NS USD 41933.76999999 0.011662985862 Long STIV RF US N 1 N N BLACKROCK LIQUIDITY FUNDS TEMPFUND PORTFOLIO N/A 09248U619 251064.00000000 NS USD 251063.84000000 0.069828064982 Long STIV RF US N 1 N N MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS - PRIME PORTFOL N/A 61747C715 1838354.00000000 NS USD 1838353.85999999 0.511299009831 Long STIV RF US N 1 N N GOLDMAN SACHS FINANCIAL SQUARE PRIME OBLIGATIONS FUND N/A 38141W364 835585.00000000 NS USD 835585.02999999 0.232400196591 Long STIV RF US N 1 N N 2020-01-30 Victory Portfolios II Allan Shaer Allan Shaer Treasurer