VICTORYSHARES INTERNATIONAL VOLATILITY WTD ETF

NPORT-P false 0000908695 XXXXXXXX S000022886 C000066376 Victory Portfolios III 811-07852 0000908695 549300WIDR2J6W1Y9S11 15935 La Cantera Pkwy Building Two San Antonio 78256 800-235-8396 Victory Target Retirement 2040 Fund S000022886 5493004WQDF2J9IG0X82 2025-04-30 2025-04-30 N 1568112307.29 1234804.55 1566877502.74 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 6257284.84000000 N VictoryShares International Volatility Wtd ETF 549300PQPRGG1DP3EJ39 VICTORYSHARES INTERNATIONAL VOLATILITY WTD ETF 92647N840 654183.00000000 NS USD 31034441.52000000 1.980655250058 Long RF US N 1 N N N USAA Mutual Funds Trust: Intermediate-Term Bond Fund; Institutional Class Shares N/A VICTORY CORE PLUS INTERMEDIATE BOND FUND 903288595 6866506.38900000 NS USD 63171858.78000000 4.031703733669 Long RF US N 1 N N N USAA Mutual Funds Trust: High Income Fund; Institutional Class Shares N/A VICTORY HIGH INCOME FUND 903288579 8610386.67200000 NS USD 58378421.64000000 3.725780830850 Long RF US N 1 N N N VictoryShares WestEnd US Sector ETF N/A VICTORYSHARES WESTEND US SECTOR ETF 92647P126 1704689.00000000 NS USD 66056698.75000000 4.215817677801 Long RF US N 1 N N N USAA Mutual Funds Trust: 500 Index Fund; Reward Shares N/A VICTORY 500 INDEX FUND 903288769 1254568.62100000 NS USD 87192519.16000000 5.564731065927 Long RF US N 1 N N N VictoryShares Emerging Markets Value Momentum ETF N/A VICTORYSHARES EMERGING MARKETS 92647N543 1056858.00000000 NS USD 49989383.40000000 3.190382356794 Long RF US N 1 N N N VictoryShares Corporate Bond ETF N/A VICTORYSHARES CORPORATE BOND ETF 92647X855 1759335.00000000 NS USD 37237204.94000000 2.376523045029 Long RF US N 1 N N N VictoryShares Short-Term Bond ETF N/A VICTORYSHARES SHORT TERM BOND ETF 92647N535 1279554.00000000 NS USD 64758227.94000000 4.132947714595 Long RF US N 1 N N N USAA Mutual Funds Trust: Nasdaq-100 Index Fund; Class R6 Shares N/A VICTORY NASDAQ 100 INDEX FUND 90291A700 957347.41500000 NS USD 46153718.88000000 2.945585650396 Long RF US N 1 N N N USAA Mutual Funds Trust: Global Managed Volatility Fund; Institutional Class Shares N/A VICTORY GLOBAL MANAGED VOLATILITY FUND 903288710 15200470.05300000 NS USD 169789250.49000000 10.83615344486 Long RF US N 1 N N N HSBC US GOVERNMENT MONEY MARKET FUND N/A HSBC US GOVT MMKT-I 40428X107 294056.25000000 NS USD 294056.25000000 0.018767022277 Long STIV RF US N 1 N N USAA Mutual Funds Trust: Small Cap Stock Fund; Institutional Class Shares N/A VICTORY SMALL CAP STOCK FUND 903288645 2516073.66400000 NS USD 29941276.60000000 1.910888154794 Long RF US N 1 N N N USAA Mutual Funds Trust: Short-Term Bond Fund; Institutional Class Shares N/A VICTORY SHORT TERM BOND FUND 903288587 2749843.45800000 NS USD 25106070.77000000 1.602299524123 Long RF US N 1 N N N VictoryShares Free Cash Flow Growth ETF N/A VICTORYSHARES FREE CASH FLOW GROWTH ETF 92647X764 1236473.00000000 NS USD 28364690.62000000 1.810268548141 Long RF US N 1 N N N MSILF Government Portfolio N/A MSILF GOVERNMENT-INST 61747C707 294056.25000000 NS USD 294056.25000000 0.018767022277 Long STIV RF US N 1 N N Victory Portfolios II: Victory Market Neutral Income Fund; Class I Shares 549300K0CUZCEEMBX789 VICTORY MARKET NEUTRAL INCOME FUND 92647P654 2670397.82100000 NS USD 23392684.91000000 1.492949185184 Long RF US N 1 N N N Victory Portfolios: Victory Sophus Emerging Markets Fund; Class R6 Shares N/A VICTORY SOPHUS EMERGING MARKETS FUND 92647Q371 772500.86300000 NS USD 15843992.70000000 1.011182601849 Long RF US N 1 N N N INVESCO GOVERNMENT & AGENCY PORTFOLIO N/A INVESCO GVT & AGNCY-INST 825252885 294056.25000000 NS USD 294056.25000000 0.018767022277 Long STIV RF US N 1 N N VictoryShares International Value Momentum ETF N/A VICTORYSHARES INTERNATIONAL VA 92647N550 1327800.00000000 NS USD 71124005.34000000 4.539219257129 Long RF US N 1 N N N VictoryShares Free Cash Flow ETF N/A VICTORYSHARES FREE CASH FLOW ETF 92647X830 1317454.00000000 NS USD 43370585.68000000 2.767962754213 Long RF US N 1 N N VictoryShares Hedged Equity Income ETF N/A VICTORYSHARES HEDGED EQUITY INCOME ETF 92647X772 673761.00000000 NS USD 17530115.83000000 1.118793000687 Long RF US N 1 N N N VictoryShares US Small Mid Cap Value Momentum ETF N/A VICTORYSHARES US SMALL MID CAP 92647N568 400524.00000000 NS USD 30604038.84000000 1.953186435217 Long RF US N 1 N N N Victory Portfolios: Victory Integrity Mid-Cap Value Fund; Class R6 Shares N/A VICTORY INTEGRITY M C VAL R6 92647K598 1186291.77200000 NS USD 25493410.18000000 1.627019989464 Long RF US N 1 N N N VictoryShares Small Cap Free Cash Flow ETF N/A VICTORYSHARES SMALL CAP FREE CASH FLOW ETF 92647X822 729883.00000000 NS USD 16721619.53000000 1.067193797904 Long RF US N 1 N N USAA Mutual Funds Trust: Target Managed Allocation Fund N/A VICTORY TARGET MANAGED ALLOCATION FUND 903287829 16036481.09600000 NS USD 166939768.21000000 10.65429607088 Long RF US N 1 N N N USAA Mutual Funds Trust: Precious Metals & Minerals Fund; Institutional Class Shares N/A VICTORY PRECIOUS METALS AND MINERALS FUND 903288561 291216.45600000 NS USD 8334614.97000000 0.531925115742 Long RF US N 1 N N N Victory Portfolios: Victory Trivalent International Fund-Core Equity; Class R6 Shares N/A VICTORY TRIVALENT INTL FUND C E R6 92646A120 8838073.50500000 NS USD 77775046.84000000 4.963696696391 Long RF US N 1 N N N GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND N/A GLDMN SCHS FIN SQ GV-FST 38141W273 294056.25000000 NS USD 294056.25000000 0.018767022277 Long STIV RF US N 1 N N Victory Portfolios: Victory RS International Fund; Class R6 Shares N/A VICTORY RS INTERNATIONAL R6 92647Q264 8515886.73800000 NS USD 113516770.22000000 7.244776316048 Long RF US N 1 N N N USAA Mutual Funds Trust: Growth Fund; Institutional Class Shares N/A VICTORY GROWTH FUND 903288678 389787.36700000 NS USD 13708821.70000000 0.874913429800 Long RF US N 1 N N N USAA Mutual Funds Trust: Income Stock Fund; Institutional Class Shares N/A VICTORY INCOME STOCK FUND 903288660 1724324.12600000 NS USD 29727347.93000000 1.897234970699 Long RF US N 1 N N N USAA Mutual Funds Trust: Government Securities Fund; Institutional Class Shares N/A VICTORY GOVERNMENT SECURITIES FUND 903287787 11825703.81700000 NS USD 105485278.05000000 6.732196860669 Long RF US N 1 N N N VictoryShares US Value Momentum ETF N/A VICTORYSHARES US VALUE MOMENTU 92647N576 553927.00000000 NS USD 43206306.00000000 2.757478228160 Long RF US N 1 N N 2025-05-30 Victory Portfolios III Carol Trevino Carol Trevino Treasurer