VICTORYSHARES WESTEND US SECTOR ETF

NPORT-P false 0000908695 XXXXXXXX S000022885 C000066375 Victory Portfolios III 811-07852 0000908695 549300WIDR2J6W1Y9S11 15935 La Cantera Pkwy Building Two San Antonio 78256 800-235-8396 Victory Target Retirement 2030 Fund S000022885 549300TCAV7S8MSBVB53 2026-04-30 2026-01-31 N 1321398092.47 525928.76 1320872163.71 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2910138.51000000 N VictoryShares WestEnd US Sector ETF N/A VICTORYSHARES WESTEND US SECTOR ETF 92647P126 969469.00000000 NS USD 46349537.31000000 3.509010075571 Long RF US N 1 N N USAA Mutual Funds Trust: Precious Metals & Minerals Fund; Institutional Class Shares N/A VICTORY PRECIOUS METALS AND MINERALS FUND 903288561 181007.24400000 NS USD 9725519.22000000 0.736295266658 Long RF US N 1 N N N INVESCO GOVERNMENT & AGENCY PORTFOLIO N/A INVESCO GVT & AGNCY-INST 825252885 117237.50000000 NS USD 117237.50000000 0.008875764303 Long STIV RF US N 1 N N VictoryShares US Value Momentum ETF N/A VICTORYSHARES US VALUE MOMENTU 92647N576 331589.00000000 NS USD 31560939.45000000 2.389401511903 Long RF US N 1 N N VictoryShares International Free Cash Flow Gr ETF N/A VICTORYSHARES INTERNATIONAL FREE CASH FLOW GROWTH 92647X749 547000.00000000 NS USD 15945050.00000000 1.207160725926 Long RF US N 1 N N N USAA Mutual Funds Trust: Target Managed Allocation Fund N/A VICTORY TARGET MANAGED ALLOCATION FUND 903287829 4282815.26100000 NS USD 50408735.62000000 3.816322048790 Long RF US N 1 N N N VictoryShares Emerging Markets Value Momentum ETF N/A VICTORYSHARES EMERGING MARKETS 92647N543 407025.00000000 NS USD 24128442.00000000 1.826705313573 Long RF US N 1 N N N VictoryShares US Small Mid Cap Value Momentum ETF N/A VICTORYSHARES US SMALL MID CAP 92647N568 284422.00000000 NS USD 27285797.03000000 2.065740938423 Long RF US N 1 N N N Victory Portfolios II: Victory Market Neutral Income Fund; Class I Shares 549300K0CUZCEEMBX789 VICTORY MARKET NEUTRAL INCOME FUND 92647P654 4831546.65200000 NS USD 42710872.40000000 3.233535657230 Long RF US N 1 N N N USAA Mutual Funds Trust: Small Cap Stock Fund; Institutional Class Shares N/A VICTORY SMALL CAP STOCK FUND 903288645 1227774.14800000 NS USD 17618559.02000000 1.333857999589 Long RF US N 1 N N N VictoryShares Short-Term Bond ETF N/A VICTORYSHARES SHORT TERM BOND ETF 92647N535 1418858.00000000 NS USD 72361758.00000000 5.478331665098 Long RF US N 1 N N N USAA Mutual Funds Trust: Emerging Markets Fund; Institutional Class Shares N/A VICTORY EMERGING MARKETS FUND 903288629 538376.08400000 NS USD 14799958.55000000 1.120468653713 Long RF US N 1 N N N GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND N/A GLDMN SCHS FIN SQ GV-FST 38141W273 117237.50000000 NS USD 117237.50000000 0.008875764303 Long STIV RF US N 1 N N USAA Mutual Funds Trust: 500 Index Fund; Reward Shares N/A VICTORY 500 INDEX FUND 903288769 786660.67300000 NS USD 65945764.22000000 4.992592472747 Long RF US N 1 N N N VictoryShares International Value Momentum ETF N/A VICTORYSHARES INTERNATIONAL VA 92647N550 700880.00000000 NS USD 48093053.93000000 3.641007453357 Long RF US N 1 N N N USAA Mutual Funds Trust: Government Securities Fund; Institutional Class Shares N/A VICTORY GOVERNMENT SECURITIES FUND 903287787 22811906.70300000 NS USD 205763398.46000000 15.57784349713 Long RF US N 1 N N N USAA Mutual Funds Trust: High Income Fund; Institutional Class Shares N/A VICTORY HIGH INCOME FUND 903288579 7501826.27800000 NS USD 52062674.37000000 3.941537705190 Long RF US N 1 N N N USAA Mutual Funds Trust: Intermediate-Term Bond Fund; Institutional Class Shares N/A VICTORY CORE PLUS INTERMEDIATE BOND FUND 903288595 10831995.40300000 NS USD 100629237.29000000 7.618393365740 Long RF US N 1 N N N MSILF Government Portfolio N/A MSILF GOVERNMENT-INST 61747C707 117237.50000000 NS USD 117237.50000000 0.008875764303 Long STIV RF US N 1 N N VictoryShares Free Cash Flow ETF N/A VICTORYSHARES FREE CASH FLOW ETF 92647X830 806759.00000000 NS USD 31842777.73000000 2.410738798564 Long RF US N 1 N N N Victory Portfolios: Victory Integrity Mid-Cap Value Fund; Class R6 Shares N/A VICTORY INTEGRITY M C VAL R6 92647K598 713335.95300000 NS USD 17961799.30000000 1.359843881451 Long RF US N 1 N N N VictoryShares Free Cash Flow Growth ETF N/A VICTORYSHARES FREE CASH FLOW GROWTH ETF 92647X764 843261.00000000 NS USD 23548906.69000000 1.782830113086 Long RF US N 1 N N N USAA Mutual Funds Trust: Global Managed Volatility Fund; Institutional Class Shares N/A VICTORY GLOBAL MANAGED VOLATILITY FUND 903288710 7065739.18900000 NS USD 78147075.43000000 5.916323893941 Long RF US N 1 N N N VictoryShares Small Cap Free Cash Flow ETF N/A VICTORYSHARES SMALL CAP FREE CASH FLOW ETF 92647X822 563995.00000000 NS USD 16902930.15000000 1.279679488628 Long RF US N 1 N N N USAA Mutual Funds Trust: Growth Fund; Institutional Class Shares N/A VICTORY GROWTH FUND 903288678 0.00600000 NS USD 0.24000000 0.000000018169 Long RF US N 1 N N N USAA Mutual Funds Trust: Nasdaq-100 Index Fund; Class R6 Shares N/A VICTORY NASDAQ 100 INDEX FUND 90291A700 628662.03200000 NS USD 38505549.46000000 2.915160945768 Long RF US N 1 N N N VictoryShares Pioneer Asset-Based Income ETF N/A VICTORYSHARES PIONEER ASSET BASED INCOME ETF 92647X731 540000.00000000 NS USD 13524300.00000000 1.023891665792 Long RF US N 1 N N N Victory Portfolios: Victory Trivalent International Fund-Core Equity; Class R6 Shares N/A VICTORY TRIVALENT INTL FUND C E R6 92646A120 4935230.32800000 NS USD 52116032.26000000 3.945577300502 Long RF US N 1 N N N VictoryShares Hedged Equity Income ETF N/A VICTORYSHARES HEDGED EQUITY INCOME ETF 92647X772 126000.00000000 NS USD 3449880.00000000 0.261181974666 Long RF US N 1 N N N VictoryShares Corporate Bond ETF N/A VICTORYSHARES CORPORATE BOND ETF 92647X855 2360410.00000000 NS USD 51382113.00000000 3.890014068861 Long RF US N 1 N N N Victory Portfolios: Victory RS International Fund; Class R6 Shares N/A VICTORY RS INTERNATIONAL R6 92647Q264 4624908.47100000 NS USD 71131092.28000000 5.385160974261 Long RF US N 1 N N N HSBC US GOVERNMENT MONEY MARKET FUND N/A HSBC US GOVT MMKT-I 40428X107 117237.50000000 NS USD 117237.50000000 0.008875764303 Long STIV RF US N 1 N N USAA Mutual Funds Trust: Income Stock Fund; Institutional Class Shares N/A VICTORY INCOME STOCK FUND 903288660 1164386.56600000 NS USD 22169920.22000000 1.678430421134 Long RF US N 1 N N N USAA Mutual Funds Trust: Short-Term Bond Fund; Institutional Class Shares N/A VICTORY SHORT TERM BOND FUND 903288587 7701921.30300000 NS USD 70626618.35000000 5.346968487217 Long RF US N 1 N N N 2026-03-02 Victory Portfolios III Carol Trevino Carol Trevino Treasurer XXXX