8-K: Victory Capital Reports March 2026 AUM and Schedules Q1 Earnings Call

Victory Capital Holdings, Inc. announced its Total Client Assets reached $313.1 billion as of March 31, 2026, and scheduled its first-quarter financial results conference call for May 7, 2026.

Summary

• Victory Capital Holdings, Inc. reported Total Client Assets of $313.1 billion as of March 31, 2026.
• Total Assets Under Management (AUM) stood at $309.8 billion, with Other Assets at $3.3 billion.
• For the month of March 2026, Average Total AUM was $315.3 billion.
• The company experienced long-term AUM net flows of -$457 million for the first quarter of 2026.
• Victory Capital will release its first-quarter 2026 financial results on May 6, 2026, after market close.
• A conference call to discuss these results is scheduled for May 7, 2026, at 8:00 a.m. ET.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a negative report due to the reported net outflows and decrease in AUM, despite the scheduled earnings call.

Positives

• Total Client Assets reached $313.1 billion as of March 31, 2026.
• Alternative Investments saw an increase to $3.033 billion from $2.928 billion in the prior month.
• Institutional Other Assets increased to $3.268 billion from $3.083 billion.

Negatives

• Long-term AUM net flows were negative at -$457 million for the first quarter of 2026.
• Total Client Assets decreased from $327.1 billion in February 2026 to $313.1 billion in March 2026.
• Total Assets Under Management decreased from $324.0 billion in February 2026 to $309.8 billion in March 2026.
• Several asset classes, including Solutions, Fixed Income, U.S. Mid Cap Equity, U.S. Small Cap Equity, U.S. Large Cap Equity, and Global / Non-U.S. Equity, saw decreases in assets under management from February to March 2026.

Risks

• The net outflows in long-term AUM for the first quarter indicate potential challenges in attracting and retaining long-term investment capital.
• The decrease in overall AUM and Total Client Assets from the previous month suggests potential market headwinds or competitive pressures impacting asset growth.

Future Outlook

Victory Capital will report its first-quarter 2026 financial results on May 6, 2026, followed by a conference call on May 7, 2026, to discuss these results.

Industry Context

StockSavvy.ai notes that the reported net outflows in long-term AUM for Victory Capital in Q1 2026 are a concern in an asset management industry that is increasingly competitive and sensitive to performance and fee structures. Competitors are also facing pressure to demonstrate consistent inflows and growth.

Stakeholder Impact

• Shareholders may be concerned by the decrease in AUM and net outflows, potentially impacting future profitability and stock valuation.
• Investors will be closely watching the Q1 2026 financial results and management's commentary for insights into the drivers of these trends.

Next Steps

• Victory Capital will report first-quarter 2026 financial results after market close on May 6, 2026.
• A conference call and webcast to discuss Q1 2026 financial results will be held on May 7, 2026.

Key Dates

Recommendation

The filing indicates negative net flows and a decrease in AUM, which are concerning. However, the company has scheduled its Q1 earnings call, which may provide further context and guidance. A 'hold' recommendation is appropriate pending the release of detailed financial results and management's outlook.

Keywords

Victory Capital, AUM, Assets Under Management, Client Assets, Financial Results, Conference Call, Investment Management, Asset Management