NPORT-P false 0000908695 XXXXXXXX S000012907 C000220618 C000179381 C000220619 C000034876 C000220620 Victory Portfolios III 811-07852 0000908695 549300WIDR2J6W1Y9S11 15935 La Cantera Pkwy Building Two San Antonio 78256 800-235-8396 Victory Nasdaq-100 Index Fund S000012907 549300T6Q4B91544NR06 2026-04-30 2026-01-31 N 8275177605.34 14531178.69 8260646426.65 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 39671648.75000000 N Ferrovial SE 72450022R2ZFL41Y6I04 N3168P101 316479.00000000 NS USD 21517407.21000000 0.260480912735 Long EC CORP NL N 1 N N N MICROCHIP TECHNOLOGY INCORPORATED 5493007PTFULNYZJ1R12 595017104 232787.00000000 NS USD 17673189.04000000 0.213944383129 Long EC CORP US N 1 N N N AUTODESK, INC. FRKKVKAIQEF3FCSTPG55 052769106 91423.00000000 NS USD 23118134.01000000 0.279858655315 Long EC CORP US N 1 N N N DIAMONDBACK ENERGY, INC. 549300R22LSX6OHWEN64 25278X109 123637.00000000 NS USD 20270286.15000000 0.245383776318 Long EC CORP US N 1 N N N ZSCALER, INC. 529900MZ0RTK1BWRNF46 98980G102 68010.00000000 NS USD 13602680.10000000 0.164668470207 Long EC CORP US N 1 N N N COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION 5493006IEVQEFQO40L83 192446102 207749.00000000 NS USD 17047882.94000000 0.206374683765 Long EC CORP US N 1 N N N ADVANCED MICRO DEVICES, INC. R2I72C950HOYXII45366 007903107 710918.00000000 NS USD 168295618.14000000 2.037317776936 Long EC CORP US N 1 N N N INTUITIVE SURGICAL, INC. 54930052SRG011710797 46120E602 154497.00000000 NS USD 77900477.34000000 0.943031251025 Long EC CORP US N 1 N N N VERTEX PHARMACEUTICALS INCORPORATED 54930015RAQRRZ5ZGJ91 92532F100 109688.00000000 NS USD 51542391.20000000 0.623951063124 Long EC CORP US N 1 N N N TESLA, INC. 54930043XZGB27CTOV49 88160R101 700166.00000000 NS USD 301358448.06000000 3.648121859904 Long EC CORP US N 1 N N N FORTINET, INC. 549300O0QJWDBAS0QX03 34959E109 321782.00000000 NS USD 26148005.32000000 0.316537035596 Long EC CORP US N 1 N N N ALNYLAM PHARMACEUTICALS, INC. 529900S3ZI14OWRJII50 02043Q107 56986.00000000 NS USD 19264687.16000000 0.233210407091 Long EC CORP US N 1 N N N VERISK ANALYTICS, INC. 549300I1YSWNIRKBWP67 92345Y106 59680.00000000 NS USD 12978012.80000000 0.157106503894 Long EC CORP US N 1 N N N THE KRAFT HEINZ COMPANY 9845007488EC87F5AF14 500754106 505785.00000000 NS USD 12007335.90000000 0.145355887176 Long EC CORP US N 1 N N N LAM RESEARCH CORPORATION 549300I4GMO6D34U1T02 512807306 548189.00000000 NS USD 127980203.94000000 1.549275895977 Long EC CORP US N 1 N N N BOOKING HOLDINGS INC. FXM8FAOHMYDIPD38UZ17 09857L108 13948.00000000 NS USD 69765664.32000000 0.844554538672 Long EC CORP US N 1 N N N OLD DOMINION FREIGHT LINE, INC. 5299009TWK32WE417T96 679580100 89859.00000000 NS USD 15563578.80000000 0.188406306191 Long EC CORP US N 1 N N N INVESCO GOVERNMENT & AGENCY PORTFOLIO N/A 825252885 2666728.20000000 NS USD 2666728.19999999 0.032282318625 Long STIV RF US N 1 N N SYNOPSYS, INC. QG7T915N9S0NY5UKNE63 871607107 80429.00000000 NS USD 37408734.34000000 0.452854805881 Long EC CORP US N 1 N N N CADENCE DESIGN SYSTEMS, INC. GCT7RXJOGLXPV0NXZY22 127387108 118117.00000000 NS USD 35005154.12000000 0.423758048850 Long EC CORP US N 1 N N N T-MOBILE US, INC. 549300QHIJYOHPACPG31 872590104 487728.00000000 NS USD 96184838.88000000 1.164374237949 Long EC CORP US N 1 N N N PALO ALTO NETWORKS, INC. 549300QXR2YVZV231H43 697435105 298990.00000000 NS USD 52912260.30000000 0.640534137005 Long EC CORP US N 1 N N N GE HEALTHCARE TECHNOLOGIES INC. 549300OI9J7XOWZMUN85 36266G107 195683.00000000 NS USD 15453086.51000000 0.187068731814 Long EC CORP US N 1 N N N APPLIED MATERIALS, INC. 41BNNE1AFPNAZELZ6K07 038222105 347594.00000000 NS USD 112036498.08000000 1.356267927393 Long EC CORP US N 1 N N N AIRBNB, INC. 549300HMUDNO0RY56D37 009066101 183875.00000000 NS USD 23787908.75000000 0.287966673809 Long EC CORP US N 1 N N N DATADOG, INC. 549300F6JNO0KRPO1K63 23804L103 140205.00000000 NS USD 18131310.60000000 0.219490214972 Long EC CORP US N 1 N N N CROWDSTRIKE HOLDINGS, INC. 549300YBY08K9KM4HX32 22788C105 106972.00000000 NS USD 47217975.66000000 0.571601460966 Long EC CORP US N 1 N N N PALANTIR TECHNOLOGIES INC. 549300UVN46B3BBDHO85 69608A108 997216.00000000 NS USD 146181893.44000000 1.769618089068 Long EC CORP US N 1 N N N DOORDASH, INC. 549300NUQ43FGGSK5051 25809K105 176375.00000000 NS USD 36089852.50000000 0.436888962873 Long EC CORP US N 1 N N N TEXAS INSTRUMENTS INCORPORATED WDJNR2L6D8RWOEB8T652 882508104 392269.00000000 NS USD 84553582.95000000 1.023571020752 Long EC CORP US N 1 N N N DEXCOM, INC. 549300YSK3QDSFR5EU59 252131107 166754.00000000 NS USD 12179712.16000000 0.147442603531 Long EC CORP US N 1 N N N AXON ENTERPRISE, INC. 549300QP2IEEGFE16681 05464C101 33974.00000000 NS USD 16429146.92000000 0.198884519097 Long EC CORP US N 1 N N N WORKDAY, INC. 549300J0DYC0N31V7G13 98138H101 91539.00000000 NS USD 16076994.57000000 0.194621507078 Long EC CORP US N 1 N N N ALPHABET INC. 5493006MHB84DD0ZWV18 02079K305 920880.00000000 NS USD 311257440.00000000 3.767954999209 Long EC CORP US N 1 N N N KEURIG DR PEPPER INC. DYTQ8KRTKO7Y2BVU5K74 49271V100 583907.00000000 NS USD 16022408.08000000 0.193960705403 Long EC CORP US N 1 N N N NXP Semiconductors N.V. 724500M9BY5293JDF951 N6596X109 108865.00000000 NS USD 24618731.10000000 0.298024268664 Long EC CORP NL N 1 N N N HONEYWELL INTERNATIONAL INCORPORATION ISRPG12PN4EIEOEMW547 438516106 274505.00000000 NS USD 62455377.60000000 0.756059203775 Long EC CORP US N 1 N N N AMAZON.COM, INC. ZXTILKJKG63JELOEG630 023135106 1692451.00000000 NS USD 405003524.30000000 4.902806673741 Long EC CORP US N 1 N N N GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND N/A 38141W273 2666728.20000000 NS USD 2666728.19999999 0.032282318625 Long STIV RF US N 1 N N WALMART INC. Y87794H0US1R65VBXU25 931142103 2132244.00000000 NS USD 254035550.16000000 3.075250253302 Long EC CORP US N 1 N N N TAKE-TWO INTERACTIVE SOFTWARE, INC. BOMSTHHJK882EWYX3334 874054109 79653.00000000 NS USD 17547555.90000000 0.212423519827 Long EC CORP US N 1 N N N NVIDIA CORPORATION 549300S4KLFTLO7GSQ80 67066G104 3848297.00000000 NS USD 735525005.61000000 8.903964261647 Long EC CORP US N 1 N N N APPLOVIN CORPORATION 549300LLVXMUAOL3SQ07 03831W108 134029.00000000 NS USD 63410460.19000000 0.767621042167 Long EC CORP US N 1 N N N GILEAD SCIENCES, INC. 549300WTZWR07K8MNV44 375558103 531650.00000000 NS USD 75467717.50000000 0.913581257473 Long EC CORP US N 1 N N N MICRON TECHNOLOGY, INC. B3DXGBC8GAIYWI2Z0172 595112103 491541.00000000 NS USD 203930530.08000000 2.468699415848 Long EC CORP US N 1 N N N Arm Holdings PLC 2138001E66EELTE7Y904 042068205 57888.00000000 NS USD 6099079.68000000 0.073832958887 Long CORP GB N 1 N N N PAYPAL HOLDINGS, INC. 5493005X2GO78EFZ3E94 70450Y103 403981.00000000 NS USD 21285758.89000000 0.257676673115 Long EC CORP US N 1 N N N BROADCOM INC. 549300WV6GIDOZJTV909 11135F101 747295.00000000 NS USD 247578833.50000000 2.997087887713 Long EC CORP US N 1 N N N MONOLITHIC POWER SYSTEMS, INC. 529900TB7O85LSZ1XU31 609839105 20711.00000000 NS USD 23282270.65000000 0.281845626207 Long EC CORP US N 1 N N N REGENERON PHARMACEUTICALS, INC. 549300RCBFWIRX3HYQ56 75886F107 44802.00000000 NS USD 33218442.90000000 0.402128855107 Long EC CORP US N 1 N N N Mondelez International, Inc. 549300DV9GIB88LZ5P30 609207105 554881.00000000 NS USD 32443892.07000000 0.392752460211 Long EC CORP US N 1 N N N PACCAR INC KDTEY8BWE486IKZ3CC07 693718108 227448.00000000 NS USD 27955633.68000000 0.338419443662 Long EC CORP US N 1 N N N ATLASSIAN CORPORATION 549300V7ZY5P02D2MY38 049468101 71180.00000000 NS USD 8412052.40000000 0.101832858659 Long EC CORP US N 1 N N N INTEL CORPORATION KNX4USFCNGPY45LOCE31 458140100 2080443.00000000 NS USD 96678186.21000000 1.170346498527 Long EC CORP US N 1 N N N COSTCO WHOLESALE CORPORATION 29DX7H14B9S6O3FD6V18 22160K105 192365.00000000 NS USD 180871191.25000000 2.189552510884 Long EC CORP US N 1 N N N STARBUCKS CORPORATION OQSJ1DU9TAOC51A47K68 855244109 492386.00000000 NS USD 45274892.70000000 0.548079295028 Long EC CORP US N 1 N N N COMCAST CORPORATION 51M0QTTNCGUN7KFCFZ59 20030N101 1580358.00000000 NS USD 47015650.50000000 0.569152195502 Long EC CORP US N 1 N N N SHOPIFY INC. 549300HGQ43STJLLP808 82509L107 526169.00000000 NS USD 69049157.87000000 0.835880805250 Long EC CORP CA N 1 N N N COPART, INC. 549300KVYX3JWMYEHU61 217204106 416472.00000000 NS USD 16900433.76000000 0.204589724424 Long EC CORP US N 1 N N N AUTOMATIC DATA PROCESSING, INC. HGBOLILQXWER4SAL2I23 053015103 174884.00000000 NS USD 43164868.88000000 0.522536211460 Long EC CORP US N 1 N N N AMERICAN ELECTRIC POWER COMPANY, INC. 1B4S6S7G0TW5EE83BO58 025537101 231285.00000000 NS USD 27702160.88000000 0.335351005832 Long EC CORP US N 1 N N N FASTENAL COMPANY 529900PP0C7H2HHPSJ32 311900104 495786.00000000 NS USD 21497280.96000000 0.260237272601 Long EC CORP US N 1 N N N ASML Holding N.V. 724500Y6DUVHQD6OXN27 N07059210 38176.00000000 NS USD 54324448.00000000 0.657629502513 Long CORP NL N 1 N N N ROPER TECHNOLOGIES, INC. 54930003T4SXCIWVXY35 776696106 46105.00000000 NS USD 17115559.15000000 0.207193944226 Long EC CORP US N 1 N N N CISCO SYSTEMS, INC. 549300LKFJ962MZ46593 17275R102 1717643.00000000 NS USD 134525799.76000000 1.628514196249 Long EC CORP US N 1 N N N ADOBE INC. FU4LY2G4933NH2E1CP29 00724F101 181671.00000000 NS USD 53275020.75000000 0.644925566334 Long EC CORP US N 1 N N N WESTERN DIGITAL CORPORATION 549300QQXOOYEF89IC56 958102105 148518.00000000 NS USD 37163659.14000000 0.449888025955 Long EC CORP US N 1 N N N WARNER BROS. DISCOVERY, INC. 5493006ZCRFWKF6B1K26 934423104 1073833.00000000 NS USD 29573360.82000000 0.358002985390 Long EC CORP US N 1 N N N ELECTRONIC ARTS INC. 549300O7A67PUEYKDL45 285512109 108026.00000000 NS USD 22028661.92000000 0.266669952716 Long EC CORP US N 1 N N N CINTAS CORPORATION N/A 172908105 174302.00000000 NS USD 33359659.78000000 0.403838368779 Long EC CORP US N 1 N N N CONSTELLATION ENERGY CORPORATION. 549300F8Y20RYGNGV346 21037T109 158483.00000000 NS USD 44483008.44000000 0.538493068732 Long EC CORP US N 1 N N N PAYCHEX, INC. 529900K900DW6SUBM174 704326107 154707.00000000 NS USD 15954932.91000000 0.193143878650 Long EC CORP US N 1 N N N ROSS STORES, INC. 549300ENZFLPGRDFZQ60 778296103 140751.00000000 NS USD 26552676.15000000 0.321435814809 Long EC CORP US N 1 N N N COCA-COLA EUROPACIFIC PARTNERS PLC 549300LTH67W4GWMRF57 G25839104 197359.00000000 NS USD 18097820.30000000 0.219084795127 Long EC CORP GB N 1 N N N MARRIOTT INTERNATIONAL, INC. 225YDZ14ZO8E1TXUSU86 571903202 116488.00000000 NS USD 36728666.40000000 0.444622182127 Long EC CORP US N 1 N N N Pepsico, Inc. FJSUNZKFNQ5YPJ5OT455 713448108 596181.00000000 NS USD 91591287.03000000 1.108766581928 Long EC CORP US N 1 N N N META PLATFORMS, INC. BQ4BKCS1HXDV9HN80Z93 30303M102 462751.00000000 NS USD 331561091.50000000 4.013742682780 Long EC CORP US N 1 N N N HSBC US GOVERNMENT MONEY MARKET FUND N/A 40428X107 2666728.20000000 NS USD 2666728.19999999 0.032282318625 Long STIV RF US N 1 N N MercadoLibre, Inc. 549300DKPDN9M5S8GB14 58733R102 22050.00000000 NS USD 47358769.50000000 0.573305853488 Long EC CORP US N 1 N N N MICROSOFT CORPORATION INR2EJN1ERAN0W5ZP974 594918104 1176837.00000000 NS USD 506381192.73000000 6.130043177932 Long EC CORP US N 1 N N N THOMSON REUTERS CORPORATION 549300561UZND4C7B569 884903808 192151.00000000 NS USD 21257665.13000000 0.257336581570 Long EC CORP CA N 1 N N N QUALCOMM INCORPORATED H1J8DDZKZP6H7RWC0H53 747525103 466580.00000000 NS USD 70728862.20000000 0.856214617439 Long EC CORP US N 1 N N N INTUIT INC. VI90HBPH7XSFMB9E4M29 461202103 119165.00000000 NS USD 59453801.80000000 0.719723357341 Long EC CORP US N 1 N N N EXELON CORPORATION 3SOUA6IRML7435B56G12 30161N101 435697.00000000 NS USD 19510511.66000000 0.236186257737 Long EC CORP US N 1 N N N MARVELL TECHNOLOGY, INC. N/A 573874104 373571.00000000 NS USD 29482223.32000000 0.356899712168 Long EC CORP US N 1 N N N IDEXX LABORATORIES, INC. OGMTXK0LUU1HKV2P0J84 45168D104 34517.00000000 NS USD 23142267.82000000 0.280150809328 Long EC CORP US N 1 N N N CSX Corporation 549300JVQR4N1MMP3Q88 126408103 807054.00000000 NS USD 30474359.04000000 0.368910100566 Long EC CORP US N 1 N N N APPLE INC. HWUPKR0MPOU8FGXBT394 037833100 2339887.00000000 NS USD 607153878.76000000 7.349956013142 Long EC CORP US N 1 N N N STRATEGY INC 549300WQTWEJUEHXQX21 594972408 115043.00000000 NS USD 17223087.53000000 0.208495638724 Long EC CORP US N 1 N N N COSTAR GROUP, INC. 984500Q1D53D08E2E698 22160N109 180635.00000000 NS USD 11109052.50000000 0.134481636499 Long EC CORP US N 1 N N N INSMED INCORPORATED 529900Q55QAG41CCAC11 457669307 91520.00000000 NS USD 14356742.40000000 0.173796839357 Long EC CORP US N 1 N N N ANALOG DEVICES, INC. GYVOE5EZ4GDAVTU4CQ61 032654105 213271.00000000 NS USD 66301688.48000000 0.802621066870 Long EC CORP US N 1 N N N BAKER HUGHES COMPANY N/A 05722G100 426713.00000000 NS USD 23912996.52000000 0.289480935085 Long EC CORP US N 1 N N N MONSTER BEVERAGE CORPORATION 52990090AP0E7HCB6F33 61174X109 423881.00000000 NS USD 34232629.56000000 0.414406183147 Long EC CORP US N 1 N N N KLA CORPORATION 549300H0BF5JCG96TJ81 482480100 57296.00000000 NS USD 81815250.24000000 0.990421887275 Long EC CORP US N 1 N N N SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY 635400RUXIFEZSRU8X70 G7997R103 92769.00000000 NS USD 37820993.61000000 0.457845447639 Long EC CORP IE N 1 N N N O'Reilly Automotive, Inc. 549300K2RLMQL149Q332 67103H107 364361.00000000 NS USD 35856766.01000000 0.434067313356 Long EC CORP US N 1 N N N ALPHABET INC. 5493006MHB84DD0ZWV18 02079K107 855767.00000000 NS USD 289702802.51000000 3.507023391963 Long EC CORP US N 1 N N N AMGEN INC. 62QBXGPJ34PQ72Z12S66 031162100 232001.00000000 NS USD 79316501.88000000 0.960173063746 Long EC CORP US N 1 N N N NASDAQ 100 E MINI FUTURE MAR26 N/A N/A 80.00000000 NC USD 26488.00000000 0.000320652871 N/A DE US N 1 CHICAGO MERCANTILE EXCHANGE INC SNZ2OJLFK8MNNCLQOF39 Long NASDAQ 100 E-MINI Mar 2026 NQH26 2026-03-20 41045512.00000000 USD 26488.00000000 N N N LINDE PUBLIC LIMITED COMPANY 5299003QR1WT0EF88V51 G54950103 202400.00000000 NS USD 92490728.00000000 1.119654845674 Long EC CORP IE N 1 N N N Xcel Energy Inc. LGJNMI9GH8XIDG5RCM61 98389B100 255104.00000000 NS USD 19403210.24000000 0.234887310724 Long EC CORP US N 1 N N N MSILF Government Portfolio N/A 61747C707 2666728.20000000 NS USD 2666728.19999999 0.032282318625 Long STIV RF US N 1 N N PDD Holdings Inc. 5493000573DS7005T657 722304102 289403.00000000 NS USD 29244173.15000000 0.354017974376 Long CORP KY N 1 N N N NETFLIX, INC. 549300Y7VHGU0I7CE873 64110L106 1847427.00000000 NS USD 154241680.23000000 1.867186564630 Long EC CORP US N 1 N N N CHARTER COMMUNICATIONS, INC. 0J0XRGZE3PBRFEZ7MV65 16119P108 55123.00000000 NS USD 11361952.76000000 0.137543143395 Long EC CORP US N 1 N N 2026-03-02 Victory Portfolios III Carol Trevino Carol Trevino Treasurer XXXX