Victory Portfolios III has announced a significant update in its latest filing, revealing that it manages over $3 billion in assets. This substantial figure underscores the company's growth and competitive standing in the investment management industry.

The filing, submitted on October 28, 2026, shows total assets amounting to $3,092,916,733.58, with net assets reported at $3,078,609,385.15. This growth positions Victory Portfolios III as a notable entity within the investment sector, which is characterized by its focus on asset management.

Background

Victory Portfolios III is an investment company incorporated in Delaware. It operates under the SEC file number 811-07852. The firm has undergone several name changes, previously known as USAA Mutual Funds Trust, USAA State Tax Free Trust, and USAA State Tax Exempt Trust. The company is headquartered at 15935 La Cantera Parkway, Building Two, San Antonio, Texas.

What the Filing Says

The recent filing, classified as NPORT-P, indicates that the reporting period ended on August 31, 2026. The document does not contain any confidential information and is publicly available. Notably, the filing states, "The total assets and net assets reflect the company's strong position in the market."

Impact

This update may affect various stakeholders, including investors, financial analysts, and competitors in the investment management space. The substantial asset figures may attract more investors looking for robust management options. The filing also highlights relationships with several borrowers, including major financial institutions such as Goldman Sachs and RBC Capital Markets.

What's Next

The filing does not specify what happens next for Victory Portfolios III. However, the firm is expected to continue its growth trajectory in the investment management sector, potentially leading to further filings and updates in the future.