Holdings of Victory Emerging Markets Fund
Victory Portfolios III ·233 declared positions · as of Feb 28, 2026
Original filing · Net assets 743.3M $ · Ten largest lines: 37.4 % of the equity sleeve
Sector breakdown
- Technology 27.5 %
- Consumer discretionary 4.1 %
- Communication 3.6 %
- Financials 2.6 %
- Energy 1.4 %
- Materials 0.8 %
- Consumer staples 0.3 %
- Unattributed 59.7 %
Titelia classification, company by company. The unattributed share stays visible.
Currency breakdown
- TWD 23.5 %
- HKD 21.1 %
- KRW 20.3 %
- INR 12.5 %
- BRL 5.2 %
- ZAR 3.4 %
- EUR 2.9 %
- MXN 2.5 %
- SAR 1.5 %
- USD 1.4 %
- IDR 1.2 %
- AED 1.1 %
- CNY 0.8 %
- HUF 0.7 %
- PLN 0.6 %
- MYR 0.4 %
- TRY 0.4 %
- CLP 0.2 %
- THB 0.2 %
- PHP 0.1 %
The quoted currency of each line, as declared.
Country breakdown
- TW 23.5 %
- KR 20.3 %
- HK 16.0 %
- IN 12.5 %
- BR 5.2 %
- CN 3.5 %
- ZA 3.1 %
- MX 2.5 %
- KY 2.4 %
- SA 1.5 %
- ID 1.2 %
- AE 1.1 %
- Other countries 7.0 %
Shares computed on the equity sleeve.
| Rank | Country | Lines | Value | Share |
|---|---|---|---|---|
| 1 | TW | 34 | 160.2M $ | 23.49 % |
| 2 | KR | 30 | 138.1M $ | 20.26 % |
| 3 | HK | 21 | 109.3M $ | 16.03 % |
| 4 | IN | 53 | 85.2M $ | 12.49 % |
| 5 | BR | 16 | 35.5M $ | 5.21 % |
| 6 | CN | 11 | 23.8M $ | 3.50 % |
| 7 | ZA | 10 | 21.2M $ | 3.11 % |
| 8 | MX | 5 | 17.2M $ | 2.53 % |
| 9 | KY | 9 | 16.7M $ | 2.45 % |
| 10 | SA | 5 | 10.4M $ | 1.53 % |
| 11 | ID | 8 | 8.4M $ | 1.24 % |
| 12 | AE | 2 | 7.8M $ | 1.14 % |
Positions
| Rank | Company | Shares | Value | Weight |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Co Ltd | 1,327,000 | 82.8M $ | 11.14 % |
| 2 | SK hynix Inc | 65,087 | 48.1M $ | 6.48 % |
| 3 | Samsung Electronics Co Ltd | 208,456 | 31.2M $ | 4.20 % |
| 4 | Alibaba Group Holding Ltd | 1,245,804 | 22.5M $ | 3.03 % |
| 5 | Tencent Holdings Ltd | 311,563 | 20.5M $ | 2.76 % |
| 6 | MediaTek Inc | 181,000 | 11.2M $ | 1.50 % |
| 7 | Zijin Mining Group Co Ltd | 1,776,000 | 10.2M $ | 1.37 % |
| 8 | Hana Financial Group Inc | 119,944 | 10.1M $ | 1.37 % |
| 9 | China Construction Bank Corp | 9,063,000 | 9.2M $ | 1.24 % |
| 10 | Elite Material Co Ltd | 116,000 | 8.9M $ | 1.20 % |
| 11 | Hanwha Aerospace Co Ltd | 10,414 | 8.7M $ | 1.16 % |
| 12 | Delta Electronics Inc | 176,000 | 7.9M $ | 1.07 % |
| 13 | Union Bank of India Ltd | 3,547,275 | 7.9M $ | 1.06 % |
| 14 | Ping An Insurance Group Co of China Ltd | 902,500 | 7.8M $ | 1.05 % |
| 15 | PRIO SA/Brazil | 696,900 | 7.4M $ | 1.00 % |
| 16 | Gentera SAB de CV | 2,386,299 | 6.9M $ | 0.93 % |
| 17 | Titan SA | 110,052 | 6.8M $ | 0.92 % |
| 18 | Reliance Industries Ltd | 442,288 | 6.8M $ | 0.91 % |
| 19 | Grupo Financiero Banorte SAB de CV | 582,003 | 6.6M $ | 0.89 % |
| 20 | Emaar Development PJSC | 1,235,034 | 6.5M $ | 0.88 % |
| 21 | Wiwynn Corp | 50,000 | 6.3M $ | 0.85 % |
| 22 | PICC Property & Casualty Co Ltd | 3,014,000 | 6.2M $ | 0.84 % |
| 23 | Bank of China Ltd | 10,114,000 | 6M $ | 0.81 % |
| 24 | Saudi Awwal Bank | 653,788 | 6M $ | 0.80 % |
| 25 | Kia Corp | 41,493 | 5.9M $ | 0.80 % |
| 26 | Hindalco Industries Ltd | 565,045 | 5.8M $ | 0.77 % |
| 27 | National Bank of Greece SA | 351,228 | 5.7M $ | 0.77 % |
| 28 | Sanlam Ltd | 831,539 | 5.6M $ | 0.75 % |
| 29 | ASE Technology Holding Co Ltd | 453,000 | 5.5M $ | 0.73 % |
| 30 | Nippon Life India Asset Management Ltd | 519,762 | 5.3M $ | 0.72 % |
| 31 | Raia Drogasil SA | 1,083,090 | 5.3M $ | 0.71 % |
| 32 | Banco Bradesco S.A. | 1,256,100 | 5.2M $ | 0.70 % |
| 33 | BYD Co Ltd | 427,200 | 5.2M $ | 0.69 % |
| 34 | Power Finance Corp Ltd | 1,127,979 | 5.1M $ | 0.69 % |
| 35 | Harmony Gold Mining Co Ltd | 225,183 | 5.1M $ | 0.69 % |
| 36 | APR Corp/Korea | 22,610 | 4.9M $ | 0.66 % |
| 37 | CTBC Financial Holding Co Ltd | 2,604,000 | 4.6M $ | 0.62 % |
| 38 | Minth Group Ltd | 822,000 | 4.6M $ | 0.62 % |
| 39 | Shinhan Financial Group Co Ltd | 66,890 | 4.5M $ | 0.61 % |
| 40 | Power Grid Corp of India Ltd | 1,329,418 | 4.4M $ | 0.59 % |
| 41 | HD Hyundai Electric Co Ltd | 5,767 | 4.2M $ | 0.57 % |
| 42 | Agricultural Bank of China Ltd | 6,144,000 | 4.2M $ | 0.56 % |
| 43 | OTP Bank Nyrt | 32,924 | 4.1M $ | 0.55 % |
| 44 | Hon Hai Precision Industry Co Ltd | 526,000 | 4M $ | 0.54 % |
| 45 | Bharat Electronics Ltd | 809,782 | 4M $ | 0.53 % |
| 46 | Standard Bank Group Ltd | 194,816 | 3.9M $ | 0.53 % |
| 47 | Equatorial SA | 465,700 | 3.8M $ | 0.51 % |
| 48 | China Merchants Bank Co Ltd | 612,000 | 3.8M $ | 0.51 % |
| 49 | WuXi AppTec Co Ltd | 241,900 | 3.7M $ | 0.49 % |
| 50 | Adani Ports & Special Economic Zone Ltd | 219,188 | 3.7M $ | 0.49 % |
| 51 | Fuyao Glass Industry Group Co Ltd | 428,000 | 3.6M $ | 0.48 % |
| 52 | Pop Mart International Group Ltd | 120,400 | 3.5M $ | 0.48 % |
| 53 | Quanta Computer Inc | 383,000 | 3.5M $ | 0.47 % |
| 54 | Infosys Ltd | 238,920 | 3.4M $ | 0.46 % |
| 55 | Mahindra & Mahindra Ltd | 88,345 | 3.3M $ | 0.44 % |
| 56 | Banco do Brasil SA | 616,990 | 3.2M $ | 0.44 % |
| 57 | Indus Towers Ltd | 642,242 | 3.2M $ | 0.43 % |
| 58 | Kunlun Energy Co Ltd | 2,884,000 | 3.1M $ | 0.42 % |
| 59 | Etihad Etisalat Co | 180,150 | 3.1M $ | 0.41 % |
| 60 | Kuaishou Technology | 388,600 | 3.1M $ | 0.41 % |
| 61 | Hyundai Mobis Co Ltd | 8,492 | 3.1M $ | 0.41 % |
| 62 | JD Health International Inc | 398,400 | 2.9M $ | 0.39 % |
| 63 | Bank Mandiri Persero Tbk PT | 9,162,980 | 2.9M $ | 0.39 % |
| 64 | Pagseguro Digital Ltd | 270,128 | 2.9M $ | 0.39 % |
| 65 | Vibra Energia SA | 488,958 | 2.9M $ | 0.38 % |
| 66 | Midea Group Co Ltd | 244,200 | 2.8M $ | 0.38 % |
| 67 | Bora Pharmaceuticals Co Ltd | 166,170 | 2.7M $ | 0.36 % |
| 68 | NetEase Inc | 118,600 | 2.7M $ | 0.36 % |
| 69 | Tingyi Cayman Islands Holding Corp | 1,596,000 | 2.7M $ | 0.36 % |
| 70 | SLB Ltd | 50,284 | 2.6M $ | 0.35 % |
| 71 | Sinopharm Group Co Ltd | 938,799 | 2.5M $ | 0.34 % |
| 72 | Persistent Systems Ltd | 46,080 | 2.4M $ | 0.32 % |
| 73 | Contemporary Amperex Technology Co Ltd | 47,000 | 2.3M $ | 0.31 % |
| 74 | Bidvest Group Ltd | 147,507 | 2.3M $ | 0.31 % |
| 75 | Axis Bank Ltd | 150,626 | 2.3M $ | 0.31 % |
| 76 | Kimberly-Clark de Mexico SAB de CV | 890,800 | 2.2M $ | 0.30 % |
| 77 | Benefit Systems SA | 2,021 | 2.2M $ | 0.29 % |
| 78 | Unilever PLC | 28,687 | 2.1M $ | 0.28 % |
| 79 | Tata Consultancy Services Ltd | 71,609 | 2.1M $ | 0.28 % |
| 80 | BIM Birlesik Magazalar AS | 134,373 | 2M $ | 0.28 % |
| 81 | CSG NV | 53,206 | 2M $ | 0.27 % |
| 82 | Bank Rakyat Indonesia Persero Tbk PT | 8,510,346 | 2M $ | 0.27 % |
| 83 | D'Alba Global Co Ltd | 16,773 | 2M $ | 0.27 % |
| 84 | Lenovo Group Ltd | 1,582,000 | 2M $ | 0.26 % |
| 85 | Motiva Infraestrutura de Mobilidade SA | 574,720 | 1.9M $ | 0.25 % |
| 86 | Pan African Resources PLC | 735,368 | 1.8M $ | 0.24 % |
| 87 | UPL Ltd | 249,437 | 1.8M $ | 0.24 % |
| 88 | Bharti Airtel Ltd | 82,455 | 1.7M $ | 0.23 % |
| 89 | MPI Corp | 18,000 | 1.7M $ | 0.22 % |
| 90 | Allwyn AG | 87,994 | 1.6M $ | 0.22 % |
| 91 | Bosideng International Holdings Ltd | 2,652,000 | 1.6M $ | 0.22 % |
| 92 | SharkNinja Inc | 13,270 | 1.6M $ | 0.22 % |
| 93 | Chenbro Micom Co Ltd | 56,000 | 1.6M $ | 0.22 % |
| 94 | KIWOOM Securities Co Ltd | 4,964 | 1.6M $ | 0.22 % |
| 95 | Phison Electronics Corp | 27,000 | 1.6M $ | 0.21 % |
| 96 | Nanya Technology Corp | 165,000 | 1.5M $ | 0.20 % |
| 97 | Gold Circuit Electronics Ltd | 56,000 | 1.5M $ | 0.20 % |
| 98 | Arcos Dorados Holdings Inc | 165,078 | 1.5M $ | 0.20 % |
| 99 | Rede D'Or Sao Luiz SA | 178,714 | 1.4M $ | 0.19 % |
| 100 | State Bank of India | 105,711 | 1.4M $ | 0.19 % |