Victory Capital Reports August 2022 Assets Under Management

Rhea-AI Summary

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.

Positive

• Assets Under Management (AUM) increased to $159.1 billion as of August 31, 2022.
• Average net AUM for August reported at $163.6 billion.
• Ranked ninth on Fortune's list of 100 Fastest Growing Companies for 2021.

Negative

• Decline in solutions asset management from $54.134 billion to $52.710 billion from July 31 to August 31, 2022.
• Fixed income assets decreased from $29.765 billion to $28.625 billion over the same period.

SAN ANTONIO--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $159.1 billion as of August 31, 2022. The Company also reported average net assets under management for the month of August of $163.6 billion.

Victory Capital Holdings, Inc. and Subsidiaries
Assets Under Management1
(unaudited; in millions)
	As of:
By Asset Class	August 31, 2022			July 31, 2022
Solutions	$	52,710		$	54,134
Fixed Income		28,625			29,765
U.S. Mid Cap Equity		27,643			28,530
U.S. Small Cap Equity		15,551			16,098
U.S. Large Cap Equity		11,925			12,773
Global / Non-U.S. Equity		13,758			14,091
Alternative Investments		5,648			5,715
Total Long-Term Assets	$	155,861		$	161,106
Money Market / Short Term Assets		3,217			3,123
Total Assets Under Management	$	159,078		$	164,229
By Vehicle
Mutual Funds2	$	104,652		$	108,151
Separate Accounts and Other Pooled Vehicles3		48,924			50,659
ETFs4		5,503			5,418
Total Assets Under Management	$	159,078		$	164,229
1Total AUM includes both discretionary and non-discretionary client assets. Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.
2Includes institutional and retail share classes, money market and VIP funds.
3Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.
4Represents only ETF assets held by third parties. Excludes ETF assets held by other Victory Capital products.

About Victory Capital

Victory Capital is a diversified global asset management firm with $159.1 billion in assets under management as of August 31, 2022. It was ranked ninth on Fortune’s list of the 100 Fastest Growing Companies for 2021. The Company operates a next-generation business model combining boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.

Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Platform, Victory Capital offers a wide array of investment products, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, and a 529 Education Savings Plan.

For more information, please visit www.vcm.com or follow us: Twitter and LinkedIn

©2021 Fortune Media IP Limited All rights reserved. Fortune is a registered trademark of Fortune Media IP Limited and is used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Victory Capital Management, Inc.

Fortune’s annual list ranks the top performing, publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2021.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005332/en/

Investors:

Matthew Dennis, CFA

Chief of Staff

Director, Investor Relations

216-898-2412

mdennis@vcm.com

Media:

Jessica Davila

Director, Global Communications

210-694-9693

Jessica_davila@vcm.com

Source: Victory Capital Holdings, Inc.

FAQ

What are the latest assets under management for VCTR?

As of August 31, 2022, Victory Capital reported assets under management of $159.1 billion.

How much were the average net assets under management for August 2022?

The average net assets under management for Victory Capital in August 2022 were $163.6 billion.

What recognition did Victory Capital receive in 2021?

Victory Capital was ranked ninth on Fortune's list of the 100 Fastest Growing Companies for 2021.

What was the decline in solution assets for VCTR?

The solutions asset management decreased from $54.134 billion in July 2022 to $52.710 billion in August 2022.

What changes occurred in fixed income assets for VCTR?

Fixed income assets under management decreased from $29.765 billion in July 2022 to $28.625 billion in August 2022.