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Victory Value Fund

Filed by Victory Portfolios III. What this fund reported holding in its latest quarterly NPORT-P. Positions are ordered by share of the fund rather than by size, because that is what separates a conviction from a rounding error.

Positions
169
matched to a ticker
Fund size
$1.5B
the filing's own figure
Matched value
$1.4B
of the positions below
As of
2026-07-31
S000012920

What it holds

Largest share of the fund first.

Company% of fundValue
AMZNAmazon.com Inc4.51%$67.6M
AAPLApple Inc3.85%$57.7M
MSFTMicrosoft Corp3.44%$51.5M
JPMJPMorgan Chase & Co2.65%$39.7M
JNJJohnson & Johnson1.49%$22.4M
CCitigroup Inc1.37%$20.6M
CICigna Group1.35%$20.2M
VLOValero Energy Corp1.32%$19.7M
XOMExxonmobil Holdings Corp1.26%$18.8M
PGProcter & Gamble Co1.24%$18.5M
CPAYCorpay Inc1.23%$18.4M
CVSCVS Health Corp1.15%$17.2M
UNMUnum Group1.14%$17.1M
KEYKeyCorp1.13%$16.9M
EPDEnterprise Products Partners L.P1.11%$16.7M
UNPUnion Pacific Corp1.10%$16.4M
NEMNewmont Corporation1.08%$16.2M
ZBRAZebra Technologies Corp1.06%$15.9M
ABBVAbbVie Inc1.03%$15.4M
FDXFedEx Corp0.99%$14.9M
REGNRegeneron Pharmaceuticals Inc0.96%$14.4M
USFDUS Foods Holding Corp0.92%$13.8M
RTXRTX Corp0.88%$13.2M
PPGPPG Industries Inc0.87%$13.1M
AMEAMETEK Inc0.86%$13M
EXCExelon Corp0.85%$12.8M
AEPAmerican Electric Power Company Inc0.84%$12.6M
PGRProgressive Corp0.82%$12.3M
MRKMerck & Co Inc0.81%$12.2M
CBOECboe Global Markets Inc0.81%$12.1M
ELSEquity LifeStyle Properties Inc0.80%$12M
DUKDuke Energy Corp0.80%$12M
MOAltria Group Inc0.76%$11.4M
SSNCSS&C Technologies Holdings Inc0.75%$11.2M
LMTLockheed Martin Corp0.75%$11.2M
DOVDover Corp0.72%$10.7M
LDOSLeidos Holdings Inc0.70%$10.5M
BMYBristol-Myers Squibb Co0.70%$10.5M
LOWLowe's Companies Inc0.67%$10.1M
GOOGLAlphabet Inc0.66%$10M
MDLZMondelez International Inc0.66%$9.9M
CACICACI International Inc0.63%$9.4M
BSXBoston Scientific Corp0.63%$9.4M
MATMattel Inc0.61%$9.1M
MPCMarathon Petroleum Corp0.61%$9.1M
TOLToll Brothers Inc0.59%$8.9M
CSCOCisco Systems Inc0.59%$8.8M
BKNGBooking Holdings Inc0.55%$8.2M
ADIAnalog Devices Inc0.54%$8.2M
ALLAllstate Corp0.53%$8M
EOGEOG Resources Inc0.52%$7.8M
HONHoneywell International Inc0.50%$7.5M
GSGoldman Sachs Group Inc0.49%$7.4M
VRSKVerisk Analytics Inc0.49%$7.3M
UNHUnitedHealth Group Inc0.48%$7.2M
BRK.BBerkshire Hathaway Inc0.47%$7.1M
WMTWalmart Inc0.47%$7M
AMATApplied Materials Inc0.46%$7M
APHAmphenol Corp0.46%$6.9M
VZVerizon Communications Inc0.46%$6.9M
NTAPNetApp Inc0.46%$6.9M
EIXEdison International0.45%$6.8M
UBERUber Technologies Inc0.45%$6.7M
PCARPaccar Inc0.45%$6.7M
KDPKeurig Dr Pepper Inc0.45%$6.7M
AMPAmeriprise Financial Inc0.45%$6.7M
SYFSynchrony Financial0.45%$6.7M
EWBCEast West Bancorp Inc0.44%$6.7M
PYPLPayPal Holdings Inc0.44%$6.6M
DVNDevon Energy Corp0.44%$6.5M
EXPEExpedia Group Inc0.44%$6.5M
CLColgate-Palmolive Co0.43%$6.5M
PFGPrincipal Financial Group Inc0.42%$6.3M
ADBEAdobe Inc0.41%$6.2M
USBUS Bancorp0.41%$6.2M
FTNTFortinet Inc0.40%$6.1M
SYYSysco Corp0.40%$6M
PHMPultegroup Inc0.38%$5.7M
WELLWelltower Inc0.38%$5.7M
QCOMQualcomm Inc0.37%$5.5M
EXPDExpeditors International of Washington Inc0.37%$5.5M
DRIDarden Restaurants Inc0.37%$5.5M
FCXFreeport-McMoRan Inc0.36%$5.5M
ADPAutomatic Data Processing Inc0.36%$5.4M
GILDGilead Sciences, Inc0.36%$5.4M
EMEEMCOR Group Inc0.35%$5.3M
THCTenet Healthcare Corp0.35%$5.3M
BACBank of America Corp0.35%$5.2M
SCHWCharles Schwab Corp0.35%$5.2M
UALUnited Airlines Holdings Inc0.34%$5.1M
AXPAmerican Express Co0.34%$5.1M
COFCapital One Financial Corp0.34%$5M
OMCOmnicom Group Inc0.33%$5M
DHID.R. Horton Inc0.33%$4.9M
DALDelta Air Lines Inc0.32%$4.9M
IBMInternational Business Machines Corp0.32%$4.8M
ODFLOld Dominion Freight Line Inc0.32%$4.8M
PFEPfizer Inc0.31%$4.7M
EDConsolidated Edison Inc0.31%$4.7M
OTISOtis Worldwide Corp0.31%$4.7M
RFRegions Financial Corp0.31%$4.7M
ULTAUlta Beauty Inc0.31%$4.6M
DISWalt Disney Co0.31%$4.6M
ZIONZions Bancorporation NA0.31%$4.6M
MASMasco Corp0.30%$4.6M
PCGPG&E Corp0.30%$4.6M
SEICSEI Investments Co0.30%$4.6M
EQIXEquinix Inc0.30%$4.5M
SHWSherwin-Williams Co0.30%$4.5M
COKECoca-Cola Consolidated Inc0.30%$4.5M
SNDKSandisk Corp0.30%$4.4M
LECOLincoln Electric Holdings Inc0.30%$4.4M
GMGeneral Motors Co0.28%$4.3M
VOYAVoya Financial Inc0.28%$4.3M
ELVElevance Health Inc0.28%$4.2M
TAT&T Inc0.28%$4.1M
IBKRInteractive Brokers Group Inc0.28%$4.1M
NRGNRG Energy Inc0.28%$4.1M
CMGChipotle Mexican Grill Inc0.27%$4.1M
MCKMcKesson Corp0.27%$4.1M
TJXTJX Companies Inc0.27%$4M
CHEChemed Corp0.27%$4M
CFCF Industries Holdings Inc0.27%$4M
CMCSAComcast Corp0.26%$4M
MEDPMedpace Holdings Inc0.26%$3.9M
DECKDeckers Outdoor Corp0.26%$3.9M
JBLJabil Inc0.26%$3.9M
PNCPNC Financial Services Group Inc0.26%$3.9M
ZTSZoetis Inc0.26%$3.9M
GPNGlobal Payments Inc0.26%$3.9M
FNFFidelity National Financial Inc0.26%$3.9M
ABNBAirbnb Inc0.26%$3.8M
NVDANVIDIA Corp0.26%$3.8M
PLDPrologis Inc0.25%$3.8M
EXELExelixis Inc0.25%$3.7M
ABTAbbott Laboratories0.25%$3.7M
FISVFiserv Inc0.24%$3.7M
AVYAvery Dennison Corp0.24%$3.7M
MSMorgan Stanley0.24%$3.7M
ROSTRoss Stores Inc0.24%$3.6M
NFLXNetflix Inc0.24%$3.6M
MTGMGIC Investment Corp0.24%$3.5M
PRUPrudential Financial Inc0.23%$3.5M
APPApplovin Corp0.23%$3.5M
TMUST-Mobile US Inc0.23%$3.4M
CTSHCognizant Technology Solutions Corp0.23%$3.4M
PEPPepsiCo Inc0.23%$3.4M
ZMZoom Communications Inc0.22%$3.3M
HCAHCA Healthcare Inc0.22%$3.3M
METMetLife Inc0.22%$3.3M
ANETArista Networks Inc0.22%$3.3M
SPGSimon Property Group Inc0.22%$3.3M
FICOFair Isaac Corp0.21%$3.2M
AOSA O Smith Corp0.21%$3.1M
MTCHMatch Group Inc0.21%$3.1M
NFGNational Fuel Gas Co0.20%$3M
TPRTapestry Inc0.20%$3M
VTRVentas Inc0.19%$2.8M
MUMicron Technology Inc0.19%$2.8M
CNCCentene Corp0.17%$2.6M
INTUIntuit Inc0.17%$2.6M
PSAPublic Storage0.17%$2.5M
CAHCardinal Health Inc0.17%$2.5M
FFord Motor Co0.16%$2.4M
HPEHewlett Packard Enterprise Co0.16%$2.4M
WRBW. R. Berkley Corp0.16%$2.4M
DPZDomino's Pizza Inc0.14%$2M
CRUSCirrus Logic Inc0.11%$1.7M
MANHManhattan Associates Inc0.10%$1.4M

Source: NPORT-P filings, via EDGAR. Positions arrive by CUSIP, and only a CUSIP verified against a ticker is kept — so this is what we could match, not everything the fund holds, and the matched value is therefore below the fund's own size. A balance is shares where the filing says `NS` and a principal amount where it says `PA`, which is why it is not labelled shares in both cases.

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