Victory Capital Reports July 2024 Total Client Assets

Aug 12 2024 21:30 BST

SAN ANTONIO, Texas--(BUSINESS WIRE)--Aug. 12, 2024-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported Total Assets Under Management (AUM) of $172.1 billion, Other Assets of $4.8 billion, and Total Client Assets of $177.0 billion, as of July 31, 2024.

For the month of July, average Total AUM was $170.8 billion, average Other Assets was $5.0 billion, and average Total Client Assets was $175.7 billion.

Victory Capital Holdings, Inc.
Total Client Assets *(unaudited; in millions)* ¹

	As of:
By Asset Class		July 31, 2024		June 30, 2024
Solutions		$	59,942	$	58,936
Fixed Income			24,799		24,398
U.S. Mid Cap Equity			31,938		31,015
U.S. Small Cap Equity			16,100		15,182
U.S. Large Cap Equity			14,030		13,983
Global / Non-U.S. Equity			18,784		18,459
Alternative Investments			3,203		3,390
Total Long-Term Assets		$	168,795	$	165,362
Money Market / Short Term Assets			3,347		3,320
Total Assets Under Management ²		$	172,142	$	168,681

By Vehicle
Mutual Funds³		$	114,889	$	112,584
Separate Accounts and Other Pooled Vehicles⁴			51,338		50,657
ETFs⁵			5,915		5,440
Total Assets Under Management		$	172,142	$	168,681

Other Assets ⁶
Institutional		$	4,809	$	5,094
Total Other Assets		$	4,809	$	5,094

Total Client Assets
Total Assets Under Management		$	172,142	$	168,681
Total Other Assets			4,809		5,094
Total Client Assets		$	176,951	$	173,775

¹Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.
²Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.
³Includes institutional and retail share classes, money market and VIP funds.
⁴Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.
⁵Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products.
⁶Includes low-fee (2 to 4 bps) institutional assets, previously reported in the Solutions asset class within the by asset class table and in Separate Accounts and Other Pooled Vehicles within the by vehicle table. These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1.

About Victory Capital

Victory Capital is a diversified global asset management firm with total assets under management of $172.1 billion, and $177.0 billion in total client assets, as of July 31, 2024. 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/20240812930161/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.

Company Announcements

Victory Capital Reports July 2024 Total Client Assets