Victory Capital Holdings, Inc. has reported their financials for May 2024, and the numbers are in. The total assets under management (AUM) as of May 31, 2024, were valued at $168.5 billion, with other assets totaling $4.9 billion, resulting in total client assets of $173.4 billion.
Comparing these figures to the previous month, the total AUM has increased from $163.6 billion in April 2024 to $168.5 billion in May 2024. Similarly, the total client assets have risen from $168.3 billion in April to $173.4 billion in May.
Breaking down the total client assets by asset class, the Solutions category saw an increase from $55.7 billion in April to $57.9 billion in May. U.S. Mid Cap Equity also experienced growth, rising from $31.0 billion in April to $31.7 billion in May. Additionally, the Global/Non-U.S. Equity category saw an increase from $17.8 billion in April to $18.5 billion in May.
In terms of vehicle breakdown, the mutual funds category saw an uptick from $109.4 billion in April to $112.3 billion in May. Separate accounts and other pooled vehicles also increased from $49.1 billion in April to $50.8 billion in May.
These numbers reflect a positive trend for Victory Capital, with increases across various asset classes and vehicles from the previous month. Victory Capital continues to maintain its position as a diversified global asset management firm, with a focus on providing specialized investment strategies to a wide range of clients. Following these announcements, the company's shares moved -0.8%, and are now trading at a price of $48.39. Check out the company's full 8-K submission here.
