Victory Capital Reports January 2024 Assets Under Management
Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported assets under management of $165.5 billion as of January 31, 2024, with a breakdown by asset class and vehicle. The total AUM includes mutual funds, separate accounts, ETFs, and various asset classes like Solutions, Fixed Income, and Equity.
The reported AUM of Victory Capital Holdings, Inc. offers a snapshot of the company's financial health and operational scale. The slight decrease in AUM from December 31, 2023, to January 31, 2024, suggests a contraction in the value of investments under management, potentially due to market movements or client redemptions. The diversification of assets across various classes such as Solutions, Fixed Income and U.S. Equity categories indicates a strategic spread of risk.
From an investment perspective, the stability in 'Solutions' and a marginal increase in 'U.S. Large Cap Equity' could reflect shifting investor preferences or market trends favoring these categories. However, the decline in 'U.S. Mid Cap Equity' and 'U.S. Small Cap Equity' warrants attention as it could imply underperformance or reduced investor confidence in these sectors. The consistency in 'Alternative Investments' suggests resilience in niche markets or effective hedging strategies.
For stakeholders, the composition of AUM by vehicle reveals investor behavior and product popularity. The slight dip in 'Mutual Funds' and 'ETFs' might indicate a preference shift or competitive pressure. This data is crucial for assessing the company's revenue potential, as management fees are often correlated with AUM volume and composition.
Victory Capital's AUM distribution across different investment vehicles offers insights into broader market trends. The predominance of 'Mutual Funds' in the AUM composition aligns with industry norms where mutual funds often form the backbone of asset management firms. The figures for 'Separate Accounts and Other Pooled Vehicles' and 'ETFs' highlight the firm's presence in tailored investment solutions and the growing ETF market.
The data provided could serve as an indicator of the competitive landscape within the asset management industry. Victory Capital's performance relative to its peers can be inferred by analyzing shifts in AUM and comparing them to industry averages. Furthermore, the AUM figures may indirectly reflect the effectiveness of the company's sales and marketing strategies, as well as its ability to retain and attract clients.
Long-term implications for stakeholders include the potential for changes in strategic direction or product offerings to adapt to market dynamics. The AUM breakdown also enables an evaluation of the company's risk exposure to market volatility, given the varying sensitivities of different asset classes to economic changes.
The AUM figures reported by Victory Capital Holdings, Inc. serve as a microcosmic reflection of the broader economic environment. Fluctuations in AUM can be influenced by macroeconomic factors such as interest rates, inflation and geopolitical events. The stability in 'Fixed Income' suggests a steady demand for less volatile investments, possibly reflecting a cautious investor sentiment amid economic uncertainty.
Analysis of the AUM trends can also provide insights into capital flows within the economy. For instance, the shift towards 'U.S. Large Cap Equity' from 'U.S. Mid Cap Equity' and 'U.S. Small Cap Equity' might be interpreted as a flight to safety, where investors favor established companies during periods of market stress.
For long-term planning, understanding the economic underpinnings of AUM trends is essential. It allows stakeholders to anticipate potential shifts in investment patterns and to align the company's asset management strategies with projected economic cycles.
02/12/2024 - 04:30 PM
SAN ANTONIO --(BUSINESS WIRE)--
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $165.5 billion as of January 31, 2024, and average assets under management for January of $165.6 billion .
Victory Capital Holdings, Inc.
Assets Under Management 1
(unaudited; in millions)
As of:
By Asset Class
Jan 31, 2024
Dec 31, 2023
Solutions
$
59,931
$
59,585
Fixed Income
24,307
24,355
U.S. Mid Cap Equity
29,977
30,604
U.S. Small Cap Equity
15,249
15,959
U.S. Large Cap Equity
12,800
12,635
Global / Non-U.S. Equity
16,492
16,772
Alternative Investments
3,446
3,431
Total Long-Term Assets
$
162,202
$
163,340
Money Market / Short Term Assets
3,294
3,271
Total Assets Under Management
$
165,496
$
166,611
By Vehicle
Mutual Funds2
$
107,923
$
108,802
Separate Accounts and Other Pooled Vehicles3
52,682
52,840
ETFs4
4,891
4,970
Total Assets Under Management
$
165,496
$
166,611
1 Total AUM includes both discretionary and non-discretionary client assets. Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.
2 Includes institutional and retail share classes, money market and VIP funds.
3 Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.
4 Represents only ETF assets held by third parties. Excludes ETF assets held by other Victory Capital products.
About Victory Capital
Victory Capital is a diversified global asset management firm with $165.5 billion in assets under management as of January 31, 2024. The Company employs a next-generation business strategy that combines boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.
Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 11 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services.
Victory Capital is headquartered in San Antonio, Texas , with offices and investment professionals in the U.S. and around the world. To learn more please visit www.vcm.com or follow Victory Capital on Facebook , Twitter , and LinkedIn .
View source version on businesswire.com: https://www.businesswire.com/news/home/20240212625187/en/
Investors:
Matthew Dennis, CFA
Chief of Staff
Director, Investor Relations
216-898-2412
mdennis@vcm.com
Media:
Jessica Davila
Director of Global Communications
210-694-9693
Jessica_davila@vcm.com
Source: Victory Capital Holdings, Inc.
What is the ticker symbol for Victory Capital Holdings, Inc.?
The ticker symbol for Victory Capital Holdings, Inc. is VCTR.
What were the assets under management (AUM) reported by Victory Capital Holdings, Inc. as of January 31, 2024?
Victory Capital Holdings, Inc. reported assets under management of $165.5 billion as of January 31, 2024.
What are the different asset classes included in Victory Capital Holdings, Inc.'s AUM report?
The asset classes included in Victory Capital Holdings, Inc.'s AUM report are Solutions, Fixed Income, U.S. Mid Cap Equity, U.S. Small Cap Equity, U.S. Large Cap Equity, Global / Non-U.S. Equity, and Alternative Investments.
What vehicles are considered in Victory Capital Holdings, Inc.'s AUM calculation?
The vehicles considered in Victory Capital Holdings, Inc.'s AUM calculation are Mutual Funds, Separate Accounts and Other Pooled Vehicles, and ETFs.
Victory Capital Holdings Inc
VCTR Rankings
#1915 Ranked by Stock Gains
VCTR Stock Data
Industry
Securities and Commodity Exchanges
Sector
Finance and Insurance
Tags
Finance, Investment Managers, Finance and Insurance, Securities and Commodity Exchanges
Country
US
City
Brooklyn
About VCTR
victory capital is an investment management firm operating a next-generation, integrated multi-boutique business model with $62.3 billion in assets under management as of june 30, 2018.* our differentiated model is comprised of nine autonomous investment franchises, each with an independent culture and investment approach. additionally, we offer a rules-based solutions platform, featuring our victoryshares etf brand as well as custom and multi-asset class strategies. our investment franchises and solutions platform are supported by a centralized distribution, marketing and operational environment, in which our investment professionals—unencumbered by other responsibilities—can focus solely on the pursuit of investment excellence. victory capital provides institutions, financial advisors and retirement platforms with a variety of asset classes and investment vehicles, including separately managed accounts, collective trusts, mutual funds, etfs and uma/sma vehicles. we are headquartered