vctr_Current_Folio_8K_AUM

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8‑K


CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

September 12, 2019

Date of Report (date of earliest event reported)


Victory Capital Holdings, Inc.

(Exact name of registrant as specified in its charter)


 

 

 

Delaware

001‑38388

32‑0402956

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

 

 

 

 

 

 

4900 Tiedeman Road, 4th Floor; Brooklyn, OH

 

44144

(Address of principal executive offices)

 

(Zip Code)

 

(216) 898‑2400

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8‑K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions (see General Instruction A.2. below):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a‑12 under the Exchange Act (17 CFR 240.14a‑12)

☐    Pre-commencement communications pursuant to Rule 14d‑2(b) under the Exchange Act (17 CFR 240.14d‑2(b))

☐    Pre-commencement communications pursuant to Rule 13e‑4(c) under the Exchange Act (17 CFR 240.13e‑4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

 

 

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock, Par Value $0.01

VCTR

NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b‑2 of the Securities Exchange Act of 1934 (§240.12b‑2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 8.01.  Other Events.

On September 12, 2019, Victory Capital Holdings, Inc., (the “Company”) issued a press release reporting certain information about the Company’s assets under management (“AUM”) as of August 31, 2019. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

 

 

 

Exhibit

    

 

Number

 

Description

99.1

 

Press release reporting August AUM dated September 12, 2019.

 

- 2 -

 

SIGNATURE(S)

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

    

VICTORY CAPITAL HOLDINGS, INC.

 

 

 

 

 

 

Date: September 12, 2019

 

By:

/s/ MICHAEL D. POLICARPO

 

 

 

Name: Michael D. Policarpo

 

 

 

Title: President, Chief Financial Officer and Chief Administrative Officer

 

- 3 -

vctr_Ex_99_1_PR

Exhibit 99.1

 

 

 

 

Picture 2

 

 

News Release

 

 

Victory Capital Reports August  31, 2019 Assets Under Management

 

 

San Antonio, Texas,  September 12, 2019 ― Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $145.0 billion on August 31, 2019.

 

 

 

 

 

 

 

 

Victory Capital Holdings, Inc. and Subsidiaries

Assets Under Management1

(unaudited; in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

As of:

By Asset Class

August 31, 2019

 

July 31, 2019

Fixed Income

$

37,940

 

$

37,559

Solutions

 

29,414

 

 

29,806

U.S. Mid Cap Equity

 

25,157

 

 

26,017

U.S. Small Cap Equity

 

15,952

 

 

16,868

U.S. Large Cap Equity

 

13,543

 

 

14,032

Global / Non-U.S. Equity

 

11,303

 

 

11,713

Other

 

258

 

 

332

Total Long-Term Assets

$

133,568

 

$

136,327

Money Market Assets

 

11,416

 

 

11,468

Total Assets Under Management

$

144,984

 

$

147,795

 

 

 

 

 

 

 

 

 

 

 

 

By Vehicle

 

 

 

 

 

Mutual Funds2

$

113,372

 

$

115,065

Separate Accounts and Other Vehicles3

 

27,810

 

 

28,804

ETFs

 

3,802

 

 

3,926

Total Assets Under Management

$

144,984

 

$

147,795

 

 

 

 

 

 

 

 

 

 

 

 

1Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.

2Includes institutional and retail share classes, money market and VIP funds.

3Includes collective trust funds, wrap program accounts and unified managed accounts.

 

About Victory Capital

 

Victory Capital is a global investment management firm operating a next-generation, integrated multi-boutique business model with $145.0 billion in assets under management as of August 31, 2019.

 

 

 

Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors, including USAA members through its direct member channel. Through its Investment Franchises and Solutions Platform, Victory Capital offers a diverse array of independent investment approaches and innovative investment vehicles designed to drive better investor outcomes. This includes actively managed mutual funds and separately managed accounts, rules-based and active ETFs, multi-asset class strategies, custom solutions and a 529 College Savings Plan.

 

For more information, please visit www.vcm.com or follow us. cid:image004.png@01D51D33.742FE090cid:image005.png@01D51D33.742FE090

 

Contacts:

 

Investors:

Matthew Dennis, CFA

Director, Investor Relations

216-898-2412

mdennis@vcm.com 

 

Media:

Tricia Ross

310-622-8226

tross@finprofiles.com 

 

USAA is a trademark of United Services Automobile Association and is being used by Victory Capital and its affiliates under license. Victory Capital and its affiliates are not affiliated with USAA or its affiliates.