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 2027-04-30 2026-07-31 N 1350462896.14 4684512.89 1345778383.25 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 4007862.68000000 N VictoryShares WestEnd US Sector ETF N/A VICTORYSHARES WESTEND US SECTOR ETF 92647P126 969469.00000000 NS USD 49501087.14000000 3.678249536187 Long RF US N 1 N N N USAA Mutual Funds Trust: Precious Metals & Minerals Fund; Institutional Class Shares N/A VICTORY PRECIOUS METALS AND MINERALS FUND 903288561 114275.13100000 NS USD 4871548.83000000 0.361987448352 Long RF US N 1 N N N INVESCO GOVERNMENT & AGENCY PORTFOLIO N/A INVESCO GVT & AGNCY-INST 825252885 1159475.75000000 NS USD 1159475.75000000 0.086156514655 Long STIV RF US N 1 N N VictoryShares US Value Momentum ETF N/A VICTORYSHARES US VALUE MOMENTU 92647N576 346589.00000000 NS USD 37655092.59000000 2.798015858975 Long RF US N 1 N N VictoryShares International Free Cash Flow Gr ETF N/A VICTORYSHARES INTERNATIONAL FREE CASH FLOW GROWTH 92647X749 647000.00000000 NS USD 20314311.90000000 1.509484187949 Long RF US N 1 N N N USAA Mutual Funds Trust: Target Managed Allocation Fund N/A VICTORY TARGET MANAGED ALLOCATION FUND 903287829 1097081.60900000 NS USD 13691578.48000000 1.017372447827 Long RF US N 1 N N N VictoryShares Emerging Markets Value Momentum ETF N/A VICTORYSHARES EMERGING MARKETS 92647N543 407025.00000000 NS USD 24424430.58000000 1.814892472935 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 31114486.90000000 2.312006738052 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 5148144.96700000 NS USD 48238118.34000000 3.584402821473 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 21007215.67000000 1.560971400006 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 71609763.26000000 5.321066540470 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 16592750.91000000 1.232948241442 Long RF US N 1 N N N GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND N/A GLDMN SCHS FIN SQ GV-FST 38141W273 1159475.75000000 NS USD 1159475.75000000 0.086156514655 Long STIV RF US N 1 N N USAA Mutual Funds Trust: 500 Index Fund; Reward Shares N/A VICTORY 500 INDEX FUND 903288769 790037.86000000 NS USD 71680135.04000000 5.326295616882 Long RF US N 1 N N N VictoryShares International Value Momentum ETF N/A VICTORYSHARES INTERNATIONAL VA 92647N550 700880.00000000 NS USD 53177237.45000000 3.951411176748 Long RF US N 1 N N USAA Mutual Funds Trust: Government Securities Fund; Institutional Class Shares N/A VICTORY GOVERNMENT SECURITIES FUND 903287787 22974603.26800000 NS USD 201717016.69000000 14.98887329449 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 7481105.40200000 NS USD 50647083.57000000 3.763404450567 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 11745537.66700000 NS USD 106179660.51000000 7.889832518603 Long RF US N 1 N N N MSILF Government Portfolio N/A MSILF GOVERNMENT-INST 61747C707 1159475.75000000 NS USD 1159475.75000000 0.086156514655 Long STIV RF US N 1 N N VictoryShares Free Cash Flow ETF N/A VICTORYSHARES FREE CASH FLOW ETF 92647X830 856759.00000000 NS USD 42615192.66000000 3.166583234684 Long RF US N 1 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 20251607.71000000 1.504824862849 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 26992784.61000000 2.005737716251 Long RF US N 1 N N USAA Mutual Funds Trust: Global Managed Volatility Fund; Institutional Class Shares N/A VICTORY GLOBAL MANAGED VOLATILITY FUND 903288710 5781351.24100000 NS USD 70359044.60000000 5.228130090043 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 593995.00000000 NS USD 22292632.35000000 1.656486136756 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 0.000000017833 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 653361.52100000 NS USD 44350180.05000000 3.295503970192 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 13413600.00000000 0.996716856723 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 56705796.47000000 4.213605834049 Long RF US N 1 N N N VictoryShares Corporate Bond ETF N/A VICTORYSHARES CORPORATE BOND ETF 92647X855 2360410.00000000 NS USD 49728645.80000000 3.695158609986 Long RF US N 1 N N Victory Portfolios: Victory RS International Fund; Class R6 Shares N/A VICTORY RS INTERNATIONAL R6 92647Q264 4624908.47100000 NS USD 74553524.55000000 5.539806960634 Long RF US N 1 N N N HSBC US GOVERNMENT MONEY MARKET FUND N/A HSBC US GOVT MMKT-I 40428X107 1159475.75000000 NS USD 1159475.75000000 0.086156514655 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 1173376.99900000 NS USD 25227605.48000000 1.874573540041 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 7879594.33400000 NS USD 71467920.61000000 5.310526718181 Long RF US N 1 N N N 2026-08-31 Victory Portfolios III Carol D. Trevino Carol D. Trevino Treasurer XXXX