SCHEDULE: Crestview Affiliates Maintain 6.3% Stake in Victory Capital

Crestview Partners II GP, L.P. and its affiliates reported a continued beneficial ownership of 6.3% in Victory Capital Holdings, Inc. Class A Common Stock as of September 30, 2025.

Summary

• Crestview Partners II GP, L.P., Crestview Victory, L.P., and Crestview Advisors, L.L.C. (collectively 'Crestview') reported beneficial ownership in Victory Capital Holdings, Inc. Class A Common Stock.
• Crestview Partners II GP, L.P. beneficially owns 4,116,838 shares, representing 6.3% of the Class A Common Stock.
• Crestview Victory, L.P. beneficially owns 4,091,983 shares, also representing 6.3% of the Class A Common Stock.
• Crestview Advisors, L.L.C. beneficially owns 24,855 shares, which rounds to 0.0% of the Class A Common Stock.
• The reported percentages are based on 64,935,459 shares of Common Stock outstanding as of September 30, 2025, as reported in Victory Capital Holdings, Inc.'s Form 10-Q filed on November 7, 2025.
• This filing is Amendment No. 8 to a previously filed Schedule 13G, indicating an update to an existing ownership disclosure.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine disclosure of beneficial ownership and does not contain performance or strategic updates.

Future Outlook

NA

Industry Context

This filing reflects a significant institutional ownership stake in an asset management firm, which is a common practice for private equity firms like Crestview to hold positions in publicly traded companies. Such disclosures provide transparency regarding major shareholders.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional ownership stake, which can influence market perception and trading activity.

Key Dates

Keywords

Victory Capital Holdings, Crestview Partners, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, Asset Management