Victory Capital Reports September 2023 Assets Under Management

About this update from Victory Capital Holdings, Inc. Class A Common Stock

[{"type":"text","content":"\nSchedules Third-Quarter Financial Results Conference Call for November 3\n\n\n SAN ANTONIO--(BUSINESS WIRE)--\nVictory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $153.5 billion as of September 30, 2023, and average assets under management for September of $158.1 billion. The Company also reported long-term net flows in the third quarter of -$1.7 billion.\n\n\nDuring September, the Company consolidated INCORE’s AUM of approximately $3.9 billion under Victory Income Investors. In addition, the Company sold certain accounts totaling approximately $1.3 billion of AUM (reflected in the table below) and the INCORE brand was decommissioned. The consolidation, elimination of the INCORE brand, and sale will not have a material impact on the Company’s financial results.\n\n\n\n\nVictory Capital Holdings, Inc.\n\n\n\n\n\n\n\n\nAssets Under Management1\n\n\n\n\n\n\n\n\n(unaudited; in millions)\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\nAs of:\n\n\n\n\n\n\n\n\nBy Asset Class\n\n\n\n\n\n\nSept. 30, 2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nAugust 31, 2023\n\n\n\n\n\n\n\n\nSolutions\n\n\n\n\n\n\n$\n\n\n\n\n\n\n53,998\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n56,452\n\n\n\n\n\n\n\n\nFixed Income\n\n\n\n\n\n\n \n\n\n\n\n\n\n23,790\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n25,862\n\n\n\n\n\n\n\n\nU.S. Mid Cap Equity\n\n\n\n\n\n\n \n\n\n\n\n\n\n28,235\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n29,789\n\n\n\n\n\n\n\n\nU.S. Small Cap Equity\n\n\n\n\n\n\n \n\n\n\n\n\n\n14,650\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n15,715\n\n\n\n\n\n\n\n\nU.S. Large Cap Equity\n\n\n\n\n\n\n \n\n\n\n\n\n\n11,596\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n12,198\n\n\n\n\n\n\n\n\nGlobal / Non-U.S. Equity\n\n\n\n\n\n\n \n\n\n\n\n\n\n14,807\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n15,438\n\n\n\n\n\n\n\n\nAlternative Investments\n\n\n\n\n\n\n \n\n\n\n\n\n\n3,222\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n3,217\n\n\n\n\n\n\n\n\nTotal Long-Term Assets\n\n\n\n\n\n\n$\n\n\n\n\n\n\n150,298\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n158,672\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\nMoney Market / Short Term Assets\n\n\n\n\n\n\n \n\n\n\n\n\n\n3,208\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n3,191\n\n\n\n\n\n\n\n\nTotal Assets Under Management\n\n\n\n\n\n\n$\n\n\n\n\n\n\n153,506\n\n\n\n\n\n\n \n\n\n\n\n\n\...

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