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Victory Capital Holdings, Inc. - VCTR STOCK NEWS

Welcome to our dedicated page for Victory Capital Holdings news (Ticker: VCTR), a resource for investors and traders seeking the latest updates and insights on Victory Capital Holdings stock.

Victory Capital Holdings, Inc. (symbol: VCTR) is a leading independent investment management firm. Leveraging a next-generation, integrated multi-boutique business model, Victory Capital manages a substantial $62.3 billion in assets as of June 30, 2018. The company’s unique structure is made up of nine autonomous investment franchises, each fostering its own independent culture and distinct investment approach. This setup allows investment professionals to focus solely on delivering superior investment results, free from the encumbrances of other operational responsibilities.

Victory Capital offers a diversified range of investment solutions, including a prominent rules-based solutions platform that features the VictoryShares ETF brand. Moreover, the firm provides custom and multi-asset class strategies, catering to the varied needs of its clientele. The company’s robust infrastructure supports a centralized distribution, marketing, and operational framework, which benefits its franchises and solutions platform.

With a broad spectrum of asset classes and investment vehicles such as separately managed accounts, collective trusts, mutual funds, ETFs, and UMA/SMA vehicles, Victory Capital serves a wide range of clients. These include institutional investors, financial advisors, and retirement platforms. The company’s revenues are primarily derived from asset-based fees related to its investment management products and services.

Headquartered in San Antonio, Texas, Victory Capital has established itself as a significant player in the investment management industry. The firm’s commitment to achieving investment excellence and delivering tailored financial solutions underscores its operational philosophy and market presence.

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The Victory Capital Performance Center will open in Summer 2023 at The Rock at La Cantera, following a multi-year partnership with the San Antonio Spurs. Victory Capital (NASDAQ: VCTR) has been named the official investment partner of the Spurs. The center, spanning 134,000 square feet, will feature advanced sports technology, including a motion capture shooting lab and hydrotherapy pools. Additionally, it will be the first mass timber constructed training facility in professional sports, emphasizing sustainability with solar energy and water management systems. This partnership aims to enhance community financial wellness initiatives.

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Victory Capital Holdings (NASDAQ: VCTR) reported assets under management (AUM) of $153.0 billion as of December 31, 2022, with an average AUM of $154.6 billion for Q4 2022. The company faced challenges, reporting long-term net outflows of -$4.4 billion during the fourth quarter, resulting in total year-to-date net flows of -$2.5 billion. A conference call to discuss the fourth-quarter financial results is scheduled for February 10, 2023.

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management (AUM) of $161.5 billion as of November 30, 2022, with an average AUM of $157.1 billion for November. The Company, recognized as one of the Fortune 100 Fastest-Growing Companies in 2022, offers a diversified range of investment products, including mutual funds and ETFs. Their business model integrates boutique investment qualities with a centralized operating platform, catering to institutions and individual investors alike.

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Victory Capital Holdings (NASDAQ: VCTR) reported total assets under management (AUM) of $154.7 billion as of October 31, 2022. The average AUM for October was $150.5 billion. The company's AUM has seen a growth from the previous month, where the total assets stood at $147.3 billion. Key categories included Solutions at $51.3 billion, Fixed Income at $26.6 billion, and U.S. Mid Cap Equity at $28.3 billion.

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Victory Capital reported significant financial results for Q3 2022, with total assets under management dropping to $147.3 billion, reflecting a decrease of $7.7 billion from the prior quarter. Despite this, the company achieved long-term gross flows of $6.6 billion and net inflows of $1.9 billion year-to-date. The GAAP net income was $72.8 million, or $1.01 per diluted share, while adjusted net income with tax benefit rose to $85.6 million, or $1.19 per diluted share. The Board declared a quarterly cash dividend of $0.25 per share, underlining a commitment to shareholder returns.

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced the launch of the VictoryShares WestEnd U.S. Sector ETF (MODL). This actively managed ETF reflects WestEnd's U.S. Sector Strategy, aiming for favorable returns through meticulous sector selection based on economic insights. The product offers low account minimums, tax efficiency, and ease of trading. Victory Capital manages $147.3 billion in assets as of September 30, 2022, and continues to expand its investment offerings to meet diverse client needs.

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Victory Capital Holdings (NASDAQ: VCTR) reported Assets Under Management (AUM) of $147.3 billion as of September 30, 2022. The average AUM for the third quarter was $158.9 billion. Long-term net flows showed an improvement to -$553 million in Q3, leading to a positive year-to-date total of $1.860 billion. The company will release its financial results on November 3, 2022, followed by a conference call on November 4, 2022.

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Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management (AUM) of $159.1 billion as of August 31, 2022 and an average net AUM for August of $163.6 billion. The company operates with a diversified investment strategy, including mutual funds, ETFs, and alternative investments. Notably, it was ranked ninth on Fortune's list of the 100 Fastest Growing Companies for 2021.

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Victory Capital Holdings (NASDAQ: VCTR) reported its assets under management (AUM) at $164.2 billion as of July 31, 2022. The average net assets for July stood at $158.1 billion. The firm operates a next-generation business model blending boutique investment strategies with centralized operations. Ranked ninth on Fortune’s Fastest Growing Companies for 2021, Victory Capital offers diverse investment products through its 12 autonomous Investment Franchises.

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FAQ

What is the current stock price of Victory Capital Holdings (VCTR)?

The current stock price of Victory Capital Holdings (VCTR) is $65.46 as of December 20, 2024.

What is the market cap of Victory Capital Holdings (VCTR)?

The market cap of Victory Capital Holdings (VCTR) is approximately 4.1B.

What does Victory Capital Holdings, Inc. do?

Victory Capital Holdings, Inc. is an independent investment management firm that operates through a multi-boutique business model, offering a variety of investment solutions including mutual funds, ETFs, and managed accounts.

How much assets does Victory Capital manage?

As of June 30, 2018, Victory Capital manages $62.3 billion in assets.

What is the VictoryShares ETF brand?

VictoryShares is the rules-based solutions platform of Victory Capital, featuring a range of exchange-traded funds (ETFs).

Where is Victory Capital Holdings, Inc. headquartered?

Victory Capital Holdings, Inc. is headquartered in San Antonio, Texas.

What types of clients does Victory Capital serve?

Victory Capital serves institutional investors, financial advisors, and retirement platforms.

How does Victory Capital generate its revenue?

The company generates revenue primarily from asset-based fees on its investment management products and services.

What is the business model of Victory Capital?

Victory Capital operates a next-generation, integrated multi-boutique business model comprising nine autonomous investment franchises.

What types of investment vehicles does Victory Capital offer?

Victory Capital offers a variety of investment vehicles, including separately managed accounts, collective trusts, mutual funds, ETFs, and UMA/SMA vehicles.

How does Victory Capital support its investment franchises?

Victory Capital supports its franchises with a centralized distribution, marketing, and operational environment, allowing investment professionals to focus on investment excellence.

Who are the primary beneficiaries of Victory Capital's services?

The primary beneficiaries of Victory Capital's services are institutions, financial advisors, and retirement platforms.

Victory Capital Holdings, Inc.

Nasdaq:VCTR

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VCTR Stock Data

4.07B
49.39M
12.64%
73.71%
4.11%
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