Victory Capital Reports December 2023 Assets Under Management

Rhea-AI Summary

Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management of $166.6 billion as of December 31, 2023, with long-term net flows in the fourth quarter of -$1.1 billion. The company will host a conference call on February 9 to discuss the fourth-quarter financial results.

Schedules Fourth-Quarter Financial Results Conference Call for February 9

SAN ANTONIO, Texas--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $166.6 billion as of December 31, 2023, and average assets under management for December of $163.5 billion. The Company also reported long-term net flows in the fourth quarter of -$1.1 billion.

Victory Capital Holdings, Inc. Assets Under Management1 (unaudited; in millions)
	As of:
By Asset Class	Dec 31, 2023				Nov 30, 2023
Solutions	$	59,585				$	57,004
Fixed Income		24,355					23,994
U.S. Mid Cap Equity		30,604					29,050
U.S. Small Cap Equity		15,959					14,586
U.S. Large Cap Equity		12,635					12,192
Global / Non-U.S. Equity		16,772					16,143
Alternative Investments		3,431					3,366
Total Long-Term Assets	$	163,340				$	156,335
Money Market / Short Term Assets		3,271					3,266
Total Assets Under Management	$	166,611				$	159,600
By Vehicle
Mutual Funds2	$	108,802				$	104,863
Separate Accounts and Other Pooled Vehicles3		52,840					49,968
ETFs4		4,970					4,769
Total Assets Under Management	$	166,611				$	159,600
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.

Fourth-Quarter Conference Call and Webcast Details
Victory Capital will report Fourth-quarter 2023 financial results after the market closes on Thursday, February 8, 2024. The Company will host a conference call the following morning, February 9, at 8:00 a.m. ET to discuss the results. Victory Capital’s earnings release and supplemental materials will be available on the investor relations section of the Company’s website at https://ir.vcm.com before the conference call begins.

To participate in the conference call, please call 1-888-330-3571 (domestic) or 1-646-960-0657 (international), shortly before 8:00 a.m. ET and reference the Victory Capital Conference Call. A live, listen-only webcast will also be available via the investor relations section of the Company’s website at https://ir.vcm.com. For anyone who is unable to join the live event, an archive of the webcast will be available for replay, at the same location, shortly after the call concludes.

About Victory Capital

Victory Capital is a diversified global asset management firm with $166.6 billion in assets under management as of December 31, 2023. The Company employs a next-generation business strategy that combines 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 11 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services.

Victory Capital is headquartered in San Antonio, Texas, with offices and investment professionals in the U.S. and around the world. To learn more please visit www.vcm.com or follow Victory Capital on Facebook, Twitter, and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240110762999/en/

Investors:

Matthew Dennis, CFA

Chief of Staff

Director, Investor Relations

216-898-2412

mdennis@vcm.com

Media:

Jessica Davila

Director of Global Communications

210-694-9693

Jessica_davila@vcm.com

Source: Victory Capital Holdings, Inc.

FAQ

What are Victory Capital Holdings, Inc.'s assets under management as of December 31, 2023?

Victory Capital Holdings, Inc. reported assets under management of $166.6 billion as of December 31, 2023.

What were the long-term net flows for Victory Capital Holdings, Inc. in the fourth quarter?

Victory Capital Holdings, Inc. reported long-term net flows of -$1.1 billion in the fourth quarter.

When is Victory Capital Holdings, Inc. hosting a conference call to discuss the fourth-quarter financial results?

Victory Capital Holdings, Inc. will host a conference call on February 9 to discuss the fourth-quarter financial results.