NPORT-P false 0001547580 XXXXXXXX S000049908 C000157589 Victory Portfolios II 811-22696 0001547580 5493002SUQLUY3T5P040 4900 Tiedeman Road 4th Floor Brooklyn 44144 800-539-3863 VictoryShares US Small Cap High Div Volatility Wtd ETF S000049908 549300GMUN0Q3JBDN646 2023-06-30 2022-09-30 N 299295951.92 9912292.33 289383659.59 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2780185.95 N DANA INCORPORATED KVWHW7YLZPFJM8QYNJ51 235825205 128263.00000000 NS USD 1466046.09000000 0.506609838329 Long EC CORP US N 1 N N N WESBANCO, INC. N/A 950810101 130816.00000000 NS USD 4365329.92000000 1.508492195511 Long EC CORP US N 1 N N N AMERICAN EAGLE OUTFITTERS, INC. 5299001Z9HXK01DHW793 02553E106 171656.00000000 NS USD 1670212.88000000 0.577162125313 Long EC CORP US N 1 N N SCHNITZER STEEL INDUSTRIES, INC. 549300F62TK8VRDSM285 806882106 63858.00000000 NS USD 1817398.68000000 0.628023946678 Long EC CORP US N 1 N N N NORTHWEST NATURAL HOLDING COMPANY N/A 66765N105 93178.00000000 NS USD 4042061.64000000 1.396782957865 Long EC CORP US N 1 N N N BARNES GROUP INC. G1MSYD2DQZX30V5DMX12 067806109 115065.00000000 NS USD 3323077.20000000 1.148329247307 Long EC CORP US N 1 N N N HSBC US GOVERNMENT MONEY MARKET FUND N/A 40428X107 4435190.05000000 NS USD 4435190.05000000 1.532633202677 Long STIV RF US N 1 N N PACTIV EVERGREEN INC. 894500GNKGJRUSH1F791 69526K105 236460.00000000 NS USD 2064295.80000000 0.713342212523 Long EC CORP US N 1 N N N B&G FOODS, INC. 549300TRW1LZMDJZAQ78 05508R106 144317.00000000 NS USD 2379787.33000000 0.822364100782 Long EC CORP US N 1 N N SPECTRUM BRANDS HOLDINGS, INC. 549300JM0MJETDD30O20 84790A105 52083.00000000 NS USD 2032799.49000000 0.702458284230 Long EC CORP US N 1 N N N APOGEE ENTERPRISES, INC. 549300579S7QW8V4IJ60 037598109 74200.00000000 NS USD 2835924.00000000 0.979987606770 Long EC CORP US N 1 N N N MEDIFAST, INC. 5299000YHQJ21T5KKI80 58470H101 18353.00000000 NS USD 1988731.08000000 0.687229915751 Long EC CORP US N 1 N N N BLOOMIN' BRANDS, INC. E1UJ2GO305B5FXGV7N04 094235108 101794.00000000 NS USD 1865884.02000000 0.644778638380 Long EC CORP US N 1 N N N CAMPING WORLD HOLDINGS, INC. 549300E828QQI7MWI432 13462K109 71835.00000000 NS USD 1818862.20000000 0.628529683596 Long EC CORP US N 1 N N COGENT COMMUNICATIONS HOLDINGS, INC. N/A 19239V302 68537.00000000 NS USD 3574889.92000000 1.235346157784 Long EC CORP US N 1 N N N FIRST FINANCIAL BANCORP. 549300D3F5B3EZMY7P77 320209109 187857.00000000 NS USD 3960025.56000000 1.368434404904 Long EC CORP US N 1 N N N S & T BANCORP, INC. N/A 783859101 157929.00000000 NS USD 4628898.99000000 1.599571653962 Long EC CORP US N 1 N N N WORTHINGTON INDUSTRIES, INC. 1WRCIANKYOIK6KYE5E82 981811102 52172.00000000 NS USD 1989840.08000000 0.687613144024 Long EC CORP US N 1 N N N TRINITY INDUSTRIES, INC. R1JB4KXN77XFCXOQKV49 896522109 132891.00000000 NS USD 2837222.85000000 0.980436439991 Long EC CORP US N 1 N N N PATRICK INDUSTRIES, INC. 549300FZ5ZTCCJ3Z5W14 703343103 43729.00000000 NS USD 1917079.36000000 0.662469803138 Long EC CORP US N 1 N N N COMPASS DIVERSIFIED HOLDINGS 5299001SM1LBYANJRR58 20451Q104 132700.00000000 NS USD 2396562.00000000 0.828160789519 Long EC CORP US N 1 N N N STEELCASE INC. GIE4CCPBJDI8SMV1OX95 858155203 311322.00000000 NS USD 2029819.44000000 0.701428492153 Long EC CORP US N 1 N N N JPMORGAN PRIME MONEY MARKET FUND N/A 4812A0367 194495.23000000 NS USD 194495.22999999 0.067210163239 Long STIV RF US N 1 N N NAVIENT CORPORATION 54930067J0ZNOEBRW338 63938C108 165052.00000000 NS USD 2424613.88000000 0.837854453646 Long EC CORP US N 1 N N N MSILF GOVERNMENT PORTFOLIO N/A 61747C707 528117.94000000 NS USD 528117.94000000 0.182497498562 Long STIV RF US N 1 N N THE RMR GROUP INC. 549300JP4L34E48UJM16 74967R106 163185.00000000 NS USD 3865852.65000000 1.335891824533 Long EC CORP US N 1 N N N KENNAMETAL INC. 549300GZDSG25XUV0Y08 489170100 128376.00000000 NS USD 2641978.08000000 0.912967264199 Long EC CORP US N 1 N N N KFORCE INC. 5493003RDQQDVXY2SK46 493732101 55725.00000000 NS USD 3268271.25000000 1.129390392888 Long EC CORP US N 1 N N N NORTHWESTERN CORPORATION 3BPWMBHR1R9SHUN7J795 668074305 95072.00000000 NS USD 4685148.16000000 1.619009230389 Long EC CORP US N 1 N N N Kontoor Brands, Inc. 549300M0CPXV65RFF271 50050N103 61504.00000000 NS USD 2067149.44000000 0.714328322106 Long EC CORP US N 1 N N N SINCLAIR BROADCAST GROUP, INC. 529900879GWQV880PQ28 829226109 105010.00000000 NS USD 1899630.90000000 0.656440278173 Long EC CORP US N 1 N N N LA-Z-BOY INCORPORATED 549300WNO1WMN9ZG2519 505336107 97740.00000000 NS USD 2205991.80000000 0.762306967548 Long EC CORP US N 1 N N N THE BUCKLE, INC. 5299007IU0461T3GDL34 118440106 68728.00000000 NS USD 2175928.48000000 0.751918226164 Long EC CORP US N 1 N N N MCGRATH RENTCORP 254900EUH6IPWFQ83445 580589109 50992.00000000 NS USD 4276189.12000000 1.477688521203 Long EC CORP US N 1 N N N GUESS ?, INC. 549300QVH3ZK2DW0KP86 401617105 108228.00000000 NS USD 1587704.76000000 0.548650453259 Long EC CORP US N 1 N N M.D.C. HOLDINGS, INC. 5299005FV4VNV75R8R35 552676108 79863.00000000 NS USD 2189843.46000000 0.756726714667 Long EC CORP US N 1 N N N MONRO, INC. N/A 610236101 58444.00000000 NS USD 2539976.24000000 0.877719303017 Long EC CORP US N 1 N N N MUELLER WATER PRODUCTS, INC. 549300F7ZU4P1F8V8L60 624758108 330221.00000000 NS USD 3391369.67000000 1.171928530727 Long EC CORP US N 1 N N N Bridge Investment Group Holdings Inc 254900DM5RNXPXHN9V91 10806B100 166994.00000000 NS USD 2421413.00000000 0.836748351109 Long EC CORP US N 1 N N N H&E EQUIPMENT SERVICES, INC. 254900KVLRCDMQRYY541 404030108 71737.00000000 NS USD 2033026.58000000 0.702536757908 Long EC CORP US N 1 N N N OCEANFIRST FINANCIAL CORP. N/A 675234108 245934.00000000 NS USD 4584209.76000000 1.584128753674 Long EC CORP US N 1 N N N STEVEN MADDEN, LTD. 549300Z9GZ7GYJWSGF43 556269108 90654.00000000 NS USD 2417742.18000000 0.835479855160 Long EC CORP US N 1 N N N CAPITOL FEDERAL FINANCIAL, INC. N/A 14057J101 630548.00000000 NS USD 5233548.40000000 1.808515521372 Long EC CORP US N 1 N N N MGE ENERGY, INC. N/A 55277P104 70709.00000000 NS USD 4640631.67000000 1.603626022483 Long EC CORP US N 1 N N N HOPE BANCORP, INC. 549300UTF4QGMBHIZ219 43940T109 263559.00000000 NS USD 3331385.76000000 1.151200370027 Long EC CORP US N 1 N N N MSILF PRIME PORTFOLIO N/A 61747C715 3492395.85000000 NS USD 3492395.84999999 1.206839340876 Long STIV RF US N 1 N N FIDELITY GOVERNMENT PORTFOLIO N/A 1849969A6 131385.20000000 NS USD 131385.19999999 0.045401734218 Long STIV RF US N 1 N N GLOBAL INDUSTRIAL COMPANY N/A 37892E102 84581.00000000 NS USD 2269308.23000000 0.784186720568 Long EC CORP US N 1 N N N FRANCHISE GROUP, INC. 549300MWCHSL8BSOMV77 35180X105 66949.00000000 NS USD 1626860.70000000 0.562181258715 Long EC CORP US N 1 N N N SAFETY INSURANCE GROUP, INC. 254900LDCFLA3J746840 78648T100 59494.00000000 NS USD 4852330.64000000 1.676781144752 Long EC CORP US N 1 N N N STANDARD MOTOR PRODUCTS, INC. THGK1EO5B5HK0JHQVZ90 853666105 86429.00000000 NS USD 2808942.50000000 0.970663825310 Long EC CORP US N 1 N N N SJW GROUP N/A 784305104 76848.00000000 NS USD 4426444.80000000 1.529611176481 Long EC CORP US N 1 N N N BENCHMARK ELECTRONICS, INC. 549300W18RHYZOZKOP53 08160H101 134845.00000000 NS USD 3341459.10000000 1.154681333677 Long EC CORP US N 1 N N N HILLENBRAND, INC. U246OE781574J2BUD366 431571108 84076.00000000 NS USD 3087270.72000000 1.066843485348 Long EC CORP US N 1 N N N VISHAY INTERTECHNOLOGY, INC. 5493009O8F3QQJTCQR75 928298108 170025.00000000 NS USD 3024744.75000000 1.045236885277 Long EC CORP US N 1 N N N InterDigital, Inc. 529900HQAUTC3VI47G64 45867G101 71159.00000000 NS USD 2876246.78000000 0.993921627805 Long EC CORP US N 1 N N N TEMPFUND N/A 09248U619 195198.04000000 NS USD 195198.03999999 0.067453027678 Long STIV RF US N 1 N N KB HOME 549300LGUCWQURMWLG09 48666K109 76213.00000000 NS USD 1975440.96000000 0.682637355128 Long EC CORP US N 1 N N N JOHN WILEY & SONS, INC. 5493003XM719UN7E8P64 968223206 85263.00000000 NS USD 3202478.28000000 1.106654841720 Long EC CORP US N 1 N N N COLUMBIA BANKING SYSTEM, INC. N/A 197236102 112067.00000000 NS USD 3237615.63000000 1.118796975125 Long EC CORP US N 1 N N JACKSON FINANCIAL INC. 213800WXW2KG1N4CO374 46817M107 65173.00000000 NS USD 1808550.75000000 0.624966438174 Long EC CORP US N 1 N N N GOLDMAN SACHS FINANCIAL SQUARE PRIME OBLIGATIONS FUND N/A 38141W364 97413.47000000 NS USD 97413.47000000 0.033662394807 Long STIV RF US N 1 N N TELEPHONE AND DATA SYSTEMS, INC. N/A 879433829 192719.00000000 NS USD 2678794.10000000 0.925689482189 Long EC CORP US N 1 N N N STURM, RUGER & COMPANY, INC. 529900DV1BWFJSHFO847 864159108 72742.00000000 NS USD 3694566.18000000 1.276701727123 Long EC CORP US N 1 N N N BOISE CASCADE COMPANY 549300Z8B8LSRHC7XA55 09739D100 30086.00000000 NS USD 1788913.56000000 0.618180571264 Long EC CORP US N 1 N N N HEALTHCARE SERVICES GROUP, INC. 529900GVZ1D2FBYMS719 421906108 175288.00000000 NS USD 2119231.92000000 0.732326048748 Long EC CORP US N 1 N N N NATIONAL HEALTHCARE CORPORATION N/A 635906100 69523.00000000 NS USD 4403586.82000000 1.521712326894 Long EC CORP US N 1 N N N UNITIL CORPORATION N/A 913259107 67173.00000000 NS USD 3120185.85000000 1.078217703936 Long EC CORP US N 1 N N N ARCHROCK INC. 549300K3RIHMHDVFTL28 03957W106 375970.00000000 NS USD 2413727.40000000 0.834092499700 Long EC CORP US N 1 N N N Cracker Barrel Old Country Store, Inc. 8P4PHQIUWPIECBFBW745 22410J106 25462.00000000 NS USD 2357271.96000000 0.814583644197 Long EC CORP US N 1 N N N RENT-A-CENTER, INC. 529900QUHE15UQNCCJ63 76009N100 66840.00000000 NS USD 1170368.40000000 0.404434860509 Long EC CORP US N 1 N N N HNI CORPORATION 549300SKRADLC4O5HV93 404251100 103523.00000000 NS USD 2744394.73000000 0.948358567960 Long EC CORP US N 1 N N N JACK IN THE BOX INC. 5493002OJW26P0SUUP68 466367109 34314.00000000 NS USD 2541637.98000000 0.878293537237 Long EC CORP US N 1 N N N ARTISAN PARTNERS ASSET MANAGEMENT INC. 549300T1FUI6JF63XU51 04316A108 88966.00000000 NS USD 2395854.38000000 0.827916262927 Long EC CORP US N 1 N N N NewMarket Corporation 54930082CG88ERDREQ47 651587107 13918.00000000 NS USD 4186951.94000000 1.446851541628 Long EC CORP US N 1 N N N NORTHWEST BANCSHARES, INC. N/A 667340103 391252.00000000 NS USD 5285814.52000000 1.826576707022 Long EC CORP US N 1 N N N FIRST BUSEY CORPORATION 549300X4ZNLYSX7GUY60 319383204 191589.00000000 NS USD 4211126.22000000 1.455205254493 Long EC CORP US N 1 N N N PROVIDENT FINANCIAL SERVICES, INC. 529900JOSO3SXEDVE477 74386T105 236742.00000000 NS USD 4616469.00000000 1.595276321593 Long EC CORP US N 1 N N N VECTOR GROUP LTD. 549300TUIF4WWN6NDN50 92240M108 278603.00000000 NS USD 2454492.43000000 0.848179345536 Long EC CORP US N 1 N N N DINE BRANDS GLOBAL, INC. 529900HKM8OWSHLKJY75 254423106 32734.00000000 NS USD 2080573.04000000 0.718967008347 Long EC CORP US N 1 N N N SPARTANNASH COMPANY 549300TV3QCCSQLF5X16 847215100 103768.00000000 NS USD 3011347.36000000 1.040607256217 Long EC CORP US N 1 N N N SITIO ROYALTIES CORP. 549300OILIONON7XK623 82982V101 92816.00000000 NS USD 2052161.76000000 0.709149149232 Long EC CORP US N 1 N N NU SKIN ENTERPRISES, INC. 54930050DETB6CP71D38 67018T105 66886.00000000 NS USD 2231985.82000000 0.771289513430 Long EC CORP US N 1 N N N KENNEDY-WILSON HOLDINGS, INC. 549300MOI1T78144X610 489398107 234514.00000000 NS USD 3625586.44000000 1.252864949298 Long EC CORP US N 1 N N N THE GREENBRIER COMPANIES, INC. 5493001GAGGFR30BP390 393657101 97624.00000000 NS USD 2369334.48000000 0.818751992893 Long EC CORP US N 1 N N N NATIONAL RESEARCH CORPORATION 549300FQIORB6GZCYT15 637372202 93124.00000000 NS USD 3706335.20000000 1.280768653368 Long EC CORP US N 1 N N N AVISTA CORPORATION Q0IK63NITJD6RJ47SW96 05379B107 127882.00000000 NS USD 4738028.10000000 1.637282528914 Long EC CORP US N 1 N N N KAMAN CORPORATION 5493003YK076OLTEQF95 483548103 94993.00000000 NS USD 2653154.49000000 0.916829406939 Long EC CORP US N 1 N N N DELUXE CORPORATION KWGNKB8TX9LE5TV29231 248019101 160012.00000000 NS USD 2664199.80000000 0.920646246500 Long EC CORP US N 1 N N N BRIGHAM MINERALS, INC. 549300IQ6JCXW59RO175 10918L103 82610.00000000 NS USD 2037988.70000000 0.704251478085 Long EC CORP US N 1 N N N Energizer Holdings, Inc. 5493000D6NN0V57UME20 29272W109 113751.00000000 NS USD 2859700.14000000 0.988203737575 Long EC CORP US N 1 N N N NORDSTROM, INC. 549300S3IZB5P35KNV16 655664100 83567.00000000 NS USD 1398075.91000000 0.483121926089 Long EC CORP US N 1 N N N FRESH DEL MONTE PRODUCE INC. 529900I72V9F0FEZR228 G36738105 132970.00000000 NS USD 3090222.80000000 1.067863612056 Long EC CORP KY N 1 N N N TRINSEO PUBLIC LIMITED COMPANY 549300TJ3HIGDA2Z8315 G9059U107 75799.00000000 NS USD 1388637.68000000 0.479860432329 Long EC CORP IE N 1 N N N WOLVERINE WORLD WIDE, INC. 549300OVC7PK14LQ8D87 978097103 123898.00000000 NS USD 1906790.22000000 0.658914267205 Long EC CORP US N 1 N N N FULTON FINANCIAL CORPORATION 5493005QLZ6O1BNC0C11 360271100 261622.00000000 NS USD 4133627.60000000 1.428424675345 Long EC CORP US N 1 N N N Mativ Holdings, Inc. 549300Z1FU4IDULG1R21 808541106 120439.00000000 NS USD 2659293.12000000 0.918950684281 Long EC CORP US N 1 N N N GCM Grosvenor Inc. N/A 36831E108 470284.00000000 NS USD 3710540.76000000 1.282221935149 Long EC CORP US N 1 N N SOUTHSIDE BANCSHARES, INC. 549300TC83207VQA2K65 84470P109 134462.00000000 NS USD 4754576.32000000 1.643000965132 Long EC CORP US N 1 N N N PATTERSON COMPANIES, INC. YM48Q2087CUE26GWEK09 703395103 130772.00000000 NS USD 3141143.44000000 1.085459850929 Long EC CORP US N 1 N N N WABASH NATIONAL CORPORATION 5299004ZAWHQZI5XO485 929566107 147523.00000000 NS USD 2295457.88000000 0.793223046267 Long EC CORP US N 1 N N N U. S. PHYSICAL THERAPY, INC. 529900KL1UXQYFIOMY96 90337L108 30000.00000000 NS USD 2280600.00000000 0.788088727342 Long EC CORP US N 1 N N N MOELIS & COMPANY 549300891QNU7VTQUR83 60786M105 73676.00000000 NS USD 2490985.56000000 0.860789985007 Long EC CORP US N 1 N N N STRATEGIC EDUCATION, INC. 0PYXF82EO1UCNGL5I740 86272C103 40807.00000000 NS USD 2505957.87000000 0.865963846593 Long EC CORP US N 1 N N N BREAD FINANCIAL HOLDINGS, INC. 549300G8S4PO686J7H97 018581108 56193.00000000 NS USD 1767269.85000000 0.610701327263 Long EC CORP US N 1 N N N RUSSELL 2000 MINI INDEX FUTURE DEC22 N/A N/A 24.00000000 NC USD -160608.40000000 -0.05550016204 N/A DE US N 1 CHICAGO MERCANTILE EXCHANGE INC SNZ2OJLFK8MNNCLQOF39 Long Russell 2000 E-mini Composite Index Futures Dec 2022 RTY1Z22 2022-12-16 2164368.40000000 USD -160608.40000000 N N N LCI INDUSTRIES 549300E1B98YNJ1WIQ04 50189K103 19373.00000000 NS USD 1965584.58000000 0.679231364612 Long EC CORP US N 1 N N N UNIVERSAL CORPORATION 549300BZXZ66F6DTIF20 913456109 83604.00000000 NS USD 3849128.16000000 1.330112476099 Long EC CORP US N 1 N N N 2022-10-31 Victory Portfolios II Allan Shaer Allan Shaer Treasurer XXXX