Victory Capital Reports February 2023 Assets Under Management

Rhea-AI Summary

Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced its assets under management (AUM) totaled $157.7 billion as of February 28, 2023. The average AUM for February was $160.2 billion. The company experienced declines in several asset classes compared to January, including Solutions down from $54.7 billion to $52.8 billion and U.S. Mid Cap Equity from $29.9 billion to $29.5 billion. Despite these decreases, Victory Capital has been recognized on the Fortune list of fastest-growing companies for two consecutive years.

Positive

• Ranked No. 55 on Fortune 100 Fastest-Growing Companies list for 2022, marking a second consecutive year on the list.
• Total AUM of $157.7 billion indicates ongoing investor confidence.

Negative

• Decline in Solutions AUM from $54.7 billion to $52.8 billion.
• U.S. Mid Cap Equity AUM decreased from $29.9 billion to $29.5 billion.

SAN ANTONIO, Texas--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $157.7 billion as of February 28, 2023. The Company also reported average assets under management for the month of February of $160.2 billion.

Victory Capital Holdings, Inc.
Assets Under Management1
(unaudited; in millions)
	As of:
By Asset Class	Feb. 28, 2023			Jan. 31, 2023
Solutions	$	52,835		$	54,654
Fixed Income		26,356			26,835
U.S. Mid Cap Equity		29,506			29,964
U.S. Small Cap Equity		16,319			16,383
U.S. Large Cap Equity		11,191			11,512
Global / Non-U.S. Equity		14,668			15,197
Alternative Investments		3,423			3,512
Total Long-Term Assets	$	154,298		$	158,058
Money Market / Short Term Assets		3,392			3,353
Total Assets Under Management	$	157,691		$	161,410
By Vehicle
Mutual Funds2	$	102,788		$	104,765
Separate Accounts and Other Pooled Vehicles3		49,214			50,754
ETFs4		5,689			5,892
Total Assets Under Management	$	157,691		$	161,410
1 Total 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.
2 Includes institutional and retail share classes, money market and VIP funds.
3 Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.
4 Represents 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 $157.7 billion in assets under management as of February 28, 2023. It was ranked No. 55 on the Fortune 100 Fastest-Growing Companies list for 2022 and is one of only 24 companies to make the list for the second consecutive year. 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 vcm.com or follow us: Twitter and LinkedIn

From Fortune. © 2022 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 Holdings, Inc.

The Fortune annual list ranks the top performing, publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230309005731/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 the latest assets under management figures for Victory Capital (VCTR)?

As of February 28, 2023, Victory Capital reported assets under management totaling $157.7 billion.

How did Victory Capital's AUM change in February 2023?

Victory Capital's average AUM for February 2023 was $160.2 billion, with total AUM at $157.7 billion.

What recognition did Victory Capital (VCTR) receive in 2022?

Victory Capital was ranked No. 55 on the Fortune 100 Fastest-Growing Companies list for 2022.

How does Victory Capital's AUM for Solutions compare month-on-month?

Solutions AUM decreased from $54.7 billion in January 2023 to $52.8 billion in February 2023.

What was the AUM for U.S. Mid Cap Equity for Victory Capital in February 2023?

U.S. Mid Cap Equity AUM was $29.5 billion as of February 28, 2023.