UNITED SERVICES AUTOMOBILE ASSOCIATION Form 13F-HR Filed 2020-05-14

No.	Form 13F File Number	Name
2	028-05802	USAA Capital Corporation
3	028-00487	USAA Investment Management Co.
4	028-04443	USAA Investment Corporation
8	028-10968	Epoch Investment Partners, Inc.
23	028-06354	Victory Capital Management, Inc.
24	028-10120	AQR Capital Management, LCC
25	028-10981	Goldman Sachs Group, Inc.
29	028-12019	BlackRock

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AT&T INC COM	Common Stock	00206R102	4,389	145,098	SH		DFND	3,8,24,25	145,098	0	0
ABBOTT LABORATORIES	Common Stock	002824100	10,407	135,098	SH		DFND	3	135,098	0	0
ABBVIE INC COM USD0.01	Common Stock	00287Y109	42,247	550,497	SH		DFND	3,8,23,24,25	550,497	0	0
ADOBE INC COM	Common Stock	00724F101	12,379	35,868	SH		DFND	3	35,868	0	0
AIR PRODUCTS & CHEMICALS INC	Common Stock	009158106	4,639	23,236	SH		DFND	23	23,236	0	0
AKAMAI TECHNOLOGIES INC COM STK	Common Stock	00971T101	1,228	13,415	SH		DFND	24,25	13,415	0	0
ALEXION PHARM INC.	Common Stock	015351109	3,522	37,460	SH		DFND	3	37,460	0	0
ALLSTATE CORP COM	Common Stock	020002101	10,096	98,413	SH		DFND	3,24,25	98,413	0	0
ALPHABET INC CAP STK CL A	Common Stock	02079K305	26,060	19,459	SH		DFND	3	19,459	0	0
ALTRIA GROUP INC COM	Common Stock	02209S103	28,016	723,020	SH		DFND	3,8,23,25	723,020	0	0
AMAZON.COM INC	Common Stock	023135106	24,613	13,066	SH		DFND	3	13,066	0	0
AMEREN CORP COM	Common Stock	023608102	11,111	143,891	SH		DFND	2,3,8,25	143,891	0	0
AMERICAN ELEC PWR INC COM	Common Stock	025537101	11,974	136,155	SH		DFND	2,3,8,24,25	136,155	0	0
AMERICAN EXPRESS CO COM USD0.20	Common Stock	025816109	2,116	19,252	SH		DFND	3	19,252	0	0
AMERICAN FINANCIAL GROUP INC	Common Stock	025932104	1,413	20,164	SH		DFND	23,	20,164	0	0
AMERICAN TOWER CORPORATION	Common Stock	03027X100	3,769	17,611	SH		DFND	2	17,611	0	0
AMERIPRISE FINL INC COM	Common Stock	03076C106	6,174	51,574	SH		DFND	3,23,24,25	51,574	0	0
AMGEN INC COM	Common Stock	031162100	29,059	143,564	SH		DFND	3,8,23,24,25	143,564	0	0
APPLE INC COM USD0.00001	Common Stock	037833100	49,771	185,083	SH		DFND	2,3,24,25	185,083	0	0
APPLIED MATLS INC COM	Common Stock	038222105	6,692	118,340	SH		DFND	2,3,24,25	118,340	0	0
ADR ASTRAZENECA PLC SPONSORED ADR UNITEDKINGDOM	Common Stock	046353108	1,809	40,502	SH		DFND	8	40,502	0	0
BCE INC COM NPV	Common Stock	05534B760	2,526	62,279	SH		DFND	8,25	62,279	0	0
BK OF AMERICA CORP COM	Common Stock	060505104	18,223	616,008	SH		DFND	2,3,25	616,008	0	0
BK OF NOVA SCOTIA COM NPV	Common Stock	064149107	478	11,820	SH		DFND	24,25	11,820	0	0
IPATH BLOOMBERG COMMODITY IN	Common Stock	06738C778	2,258	136,986	SH		DFND		136,986	0	0
BARRICK GOLD CORPORATION COM	Common Stock	067901108	9,065	492,154	SH		DFND	2,3	492,154	0	0
BAXTER INTL INC COM	Common Stock	071813109	13,799	165,996	SH		DFND	2,3	165,996	0	0
BEST BUY INC COM STK	Common Stock	086516101	5,588	87,563	SH		DFND	3,23,24,25	87,563	0	0
BIOMARIN PHARMACEUTICAL INC COM	Common Stock	09061G101	4,609	52,491	SH		DFND	2,3	52,491	0	0
BLACKROCK INC	Common Stock	09247X101	9,466	21,551	SH		DFND	23	21,551	0	0
H&R BLOCK INC	Common Stock	093671105	550	39,124	SH		DFND	23	39,124	0	0
BOEING CO/THE	Common Stock	097023105	4,138	27,749	SH		DFND	23	27,749	0	0
BRISTOL-MYERS SQUIBB CO COM	Common Stock	110122108	26,409	463,482	SH		DFND	2,3,23,24,25	463,482	0	0
ADR BRIT AMERN TOB PLC SPONSORED	Common Stock	110448107	744	21,763	SH		DFND	8	21,763	0	0
BROADCOM INC COM	Common Stock	11135F101	14,098	49,606	SH		DFND	2,3	49,606	0	0
CIGNA CORP NEW USD	Common Stock	125523100	12,961	68,838	SH		DFND	2,3	68,838	0	0
CME GROUP INC	Common Stock	12572Q105	6,295	36,398	SH		DFND	23	36,398	0	0
CVS HEALTH CORP COM	Common Stock	126650100	692	11,670	SH		DFND	24,25	11,670	0	0
CARDINAL HEALTH INC COM NPV	Common Stock	14149Y108	3,560	67,707	SH		DFND	2,3	67,707	0	0
CARNIVAL CORP	Common Stock	143658300	444	33,770	SH		DFND	23	33,770	0	0
CATERPILLAR INC	Common Stock	149123101	9,864	85,011	SH		DFND	23	85,011	0	0
CELANESE CORP DEL COM	Common Stock	150870103	1,470	15,679	SH		DFND	3	15,679	0	0
CENTERPOINT ENERGY INC COM	Common Stock	15189T107	1,862	120,507	SH		DFND	8,25	120,507	0	0
CHEMOURS CO/THE	Common Stock	163851108	288	32,420	SH		DFND	23	32,420	0	0
CHEVRON CORP NEW COM	Common Stock	166764100	18,676	194,163	SH		DFND	2,3,8,25	194,163	0	0
CISCO SYSTEMS INC	Common Stock	17275R102	50,055	1,248,465	SH		DFND	2,3,8,23,25	1,248,465	0	0
CITIGROUP INC COM NEW	Common Stock	172967424	13,716	204,274	SH		DFND	2,3	204,274	0	0
CLOROX COMPANY	Common Stock	189054109	2,826	16,326	SH		DFND	23	16,326	0	0
COCA-COLA CO/THE	Common Stock	191216100	18,152	410,473	SH		DFND	8,23,25	410,473	0	0
COLGATE PALMOLIVE CO COM	Common Stock	194162103	10,421	156,184	SH		DFND	2,23,24,25	156,184	0	0
COMCAST CORP NEW-CL A	Common Stock	20030N101	12,078	305,641	SH		DFND	3,8,25	305,641	0	0
COMERICA INC	Common Stock	200340107	540	18,414	SH		DFND	23	18,414	0	0
CUMMINS INC	Common Stock	231021106	3,057	22,587	SH		DFND	23	22,587	0	0
DARDEN RESTAURANTS INC COM	Common Stock	237194105	1,467	26,969	SH		DFND	23,24,25	26,969	0	0
DELTA AIR LINES INC DEL COM NEW	Common Stock	247361702	5,931	122,090	SH		DFND	2,3,23	122,090	0	0
DENTSPLY SIRONA INC COM	Common Stock	24906P109	5,264	106,900	SH		DFND	3	106,900	0	0
DISNEY WALT CO COM	Common Stock	254687106	15,299	118,630	SH		DFND	2,3	118,630	0	0
DISCOVER FINL SVCS	Common Stock	254709108	2,829	43,145	SH		DFND	3	43,145	0	0
DISCOVERY INC NEW COM SER A	Common Stock	25470F104	9,283	331,205	SH		DFND	2,3	331,205	0	0
DISH NETWORK CORPORATION CL A	Common Stock	25470M109	3,861	114,603	SH		DFND	2,3	114,603	0	0
DOMINION ENERGY INC COM STK NPV	Common Stock	25746U109	4,709	63,972	SH		DFND	3,8,25	63,972	0	0
DOVER CORP COM USD1.00	Common Stock	260003108	1,965	19,130	SH		DFND	3	19,130	0	0
DOW INC COM USD0.01 WI	Common Stock	260557103	1,227	41,982	SH		DFND	8,25	41,982	0	0
DUKE ENERGY CORP NEW COM NEW COM NEW	Common Stock	26441C204	3,452	42,679	SH		DFND	8,25	42,679	0	0
EOG RESOURCES INC	Common Stock	26875P101	4,147	63,491	SH		DFND	2,3	63,491	0	0
EASTMAN CHEMICAL CO	Common Stock	277432100	1,078	23,181	SH		DFND	23	23,181	0	0
EATON VANCE CORP	Common Stock	278265103	619	19,171	SH		DFND	23	19,171	0	0
ELECTRONIC ARTS INC COM	Common Stock	285512109	9,991	98,677	SH		DFND	2,3	98,677	0	0
EMERSON ELECTRIC CO COM	Common Stock	291011104	6,019	126,331	SH		DFND	8,23,25	126,331	0	0
ENTERGY CORP NEW COM	Common Stock	29364G103	2,212	23,543	SH		DFND	8,25	23,543	0	0
MLP ENTERPRISE PRODS PARTNERS L P COM UNIT	Common Stock	293792107	1,518	106,161	SH		DFND	8	106,161	0	0
EQUITY LIFESTYLE PPTYS INC COM	Common Stock	29472R108	2,820	38,067	SH		DFND	2	38,067	0	0
EXACT SCIENCES CORP	Common Stock	30063P105	2,593	32,038	SH		DFND	3	32,038	0	0
EXXON MOBIL CORP COM	Common Stock	30231G102	5,250	105,810	SH		DFND	2,3,8,25	105,810	0	0
FACEBOOK INC COM USD0.000006 CL 'A'	Common Stock	30303M102	4,436	26,594	SH		DFND	24,25	26,594	0	0
FASTENAL CO COM	Common Stock	311900104	2,677	85,747	SH		DFND	23,25	85,747	0	0
FIDELITY NATL INFORMATION SERVICES COM USD0.01	Common Stock	31620M106	9,282	66,431	SH		DFND	3	66,431	0	0
FIDELITY NATIONAL FINANCIAL	Common Stock	31620R303	1,075	43,201	SH		DFND	23	43,201	0	0
FIFTH THIRD BANCORP COM	Common Stock	316773100	3,037	120,228	SH		DFND	2,3	120,228	0	0
FIRSTENERGY CORP COM	Common Stock	337932107	2,585	64,530	SH		DFND	8,25	64,530	0	0
FORD MTR CO DEL COM PAR $0.01	Common Stock	345370860	478	52,731	SH		DFND	2	52,731	0	0
FORTIS INC COM NPV	Common Stock	349553107	1,606	42,131	SH		DFND	8,25	42,131	0	0
FOX CORP CL A COM	Common Stock	35137L105	4,034	131,230	SH		DFND	3	131,230	0	0
FRANKLIN RESOURCES INC	Common Stock	354613101	957	57,355	SH		DFND	23	57,355	0	0
GENERAL DYNAMICS CORP	Common Stock	369550108	4,317	32,663	SH		DFND	23	32,663	0	0
GENERAL MILLS INC	Common Stock	370334104	6,063	114,839	SH		DFND	23	114,839	0	0
GENERAL MTRS CO COM	Common Stock	37045V100	8,867	277,102	SH		DFND	2,3	277,102	0	0
GENUINE PARTS CO COM USD1.00	Common Stock	372460105	3,555	45,639	SH		DFND	3,23	45,639	0	0
GILEAD SCIENCES INC	Common Stock	375558103	5,353	75,272	SH		DFND	3,24,25	75,272	0	0
GLOBAL X SCIENTIFIC BETA ETF	Common Stock	37954Y103	10,980	409,245	SH		DFND	23	409,245	0	0
GOLDMAN SACHS ACTIVEBETA INT	Common Stock	381430107	12,946	561,138	SH		DFND	23	561,138	0	0
MFC GOLDMAN SACHS ETF TR ACTIVEBETA EMERGING MKTS EQUITY ETF	Common Stock	381430206	42,801	1,638,710	SH		DFND	23,25	1,638,710	0	0
GOLDMAN ACTIVEBETA US LC ETF	Common Stock	381430503	110,257	2,112,605	SH		DFND	23	2,112,605	0	0
HSBC HLDGS PLC SPON ADR NEW	Common Stock	404280406	456	13,594	SH		DFND	3	13,594	0	0
HP INC COM	Common Stock	40434L105	3,992	195,480	SH		DFND	2,3,25	195,480	0	0
HANESBRANDS INC COM STK	Common Stock	410345102	1,207	153,418	SH		DFND	8,23	153,418	0	0
HERSHEY CO/THE	Common Stock	427866108	2,916	22,014	SH		DFND	23	22,014	0	0
HOME DEPOT INC COM	Common Stock	437076102	51,069	256,895	SH		DFND	2,3,8,23,24,25	256,895	0	0
HORMEL FOODS CORP COM	Common Stock	440452100	487	10,438	SH		DFND	24,25	10,438	0	0
ADR ICICI BK LTD	Common Stock	45104G104	268	31,543	SH		DFND	24	31,543	0	0
ILLINOIS TOOL WORKS INC COM USD0.01	Common Stock	452308109	8,117	54,360	SH		DFND	3,23	54,360	0	0
INFOSYS LIMITED ADR	Common Stock	456788108	226	27,551	SH		DFND	24	27,551	0	0
INTEL CORP COM	Common Stock	458140100	39,644	730,726	SH		DFND	3,8,23,24,25	730,726	0	0
INTL BUSINESS MACHINES CORP	Common Stock	459200101	48,484	411,552	SH		DFND	2,3,8,23,24,25	411,552	0	0
INTERNATIONAL PAPER CO COM USD1.00	Common Stock	460146103	1,386	37,511	SH		DFND	3	37,511	0	0
INVESCO FTSE RAFI US 1000 ET	Common Stock	46137V613	73,096	790,728	SH		DFND	23	790,728	0	0
IRON MTN INC NEW COM	Common Stock	46284V101	1,864	78,339	SH		DFND	8,25	78,339	0	0
ISHARES CORE S&P TOTAL US STOCK MARKET ETF	Common Stock	464287150	2,854	42,764	SH		DFND	3	42,764	0	0
ISHARES TIPS BOND ETF	Common Stock	464287176	7,921	67,094	SH		DFND		67,094	0	0
ISHARES CORE S&P 500 ETF	Common Stock	464287200	522,960	1,758,777	SH		DFND	2,3,23	1,758,777	0	0
ISHARES CORE U.S. AGGREGATE BOND ETF	Common Stock	464287226	237,054	2,046,299	SH		DFND	2,3	2,046,299	0	0
ISHARES S&P 500 GROWTH ETF	Common Stock	464287309	6,175	37,478	SH		DFND		37,478	0	0
ISHARES TR BARCLAYS 7 10 YR	Common Stock	464287440	98,287	846,170	SH		DFND	2,3	846,170	0	0
ISHARES CORE S&P MID-CAP ETF	Common Stock	464287507	70,766	386,127	SH		DFND	2,3	386,127	0	0
ISHARES CORE S&P US VALUE ETF	Common Stock	464287663	83,912	1,497,310	SH		DFND	2,3	1,497,310	0	0
ISHARES CORE S&P SMALL-CAP ETF	Common Stock	464287804	112,111	1,459,882	SH		DFND	2,3	1,459,882	0	0
ISHARES TR JP MOR EM MK ETF	Common Stock	464288281	70,625	622,341	SH		DFND	2,3	622,341	0	0
ISHARES NATIONAL MUNI BOND ETF	Common Stock	464288414	41,902	361,030	SH		DFND	2,3	361,030	0	0
ISHARES IBOXX $ HIGH YIELD	Common Stock	464288513	5,015	57,686	SH		DFND	2	57,686	0	0
ISHARES EDGE MSCI USA QUALIT	Common Stock	46432F339	72,588	896,268	SH		DFND	23	896,268	0	0
ISHARES EDGE MSCI USA VALUE	Common Stock	46432F388	39,466	628,147	SH		DFND	23	628,147	0	0
ISHARES EDGE MSCI USA MOMENT	Common Stock	46432F396	53,334	500,892	SH		DFND	23	500,892	0	0
ISHARES TR CORE MSCI TOTAL	Common Stock	46432F834	1,806	32,402	SH		DFND	3	32,402	0	0
ISHARES TRUST CORE MSCI EAFE ETF	Common Stock	46432F842	465,175	8,052,755	SH		DFND	2,3,23	8,052,755	0	0
ISHARES INC CORE MSCI EMKT	Common Stock	46434G103	65,340	1,335,604	SH		DFND	2,3	1,335,604	0	0
ISHARES EDGE MSCI INTL MOMEN	Common Stock	46434V449	11,733	443,303	SH		DFND	23	443,303	0	0
JPMORGAN CHASE & CO COM	Common Stock	46625H100	22,198	189,540	SH		DFND	2,3,24,25	189,540	0	0
JOHNSON &JOHNSON COM USD1.00	Common Stock	478160104	59,108	450,613	SH		DFND	3,8,23,24,25	450,613	0	0
JUNIPER NETWORKS INC	Common Stock	48203R104	949	49,583	SH		DFND	23	49,583	0	0
KLA CORPORATION COM USD0.001	Common Stock	482480100	4,815	33,504	SH		DFND	8,23,25	33,504	0	0
KELLOGG CO	Common Stock	487836108	4,130	68,964	SH		DFND	23	68,964	0	0
KEYCORP COM	Common Stock	493267108	9,537	553,386	SH		DFND	2,3	553,386	0	0
KIMBERLY-CLARK CORP COM	Common Stock	494368103	17,152	130,067	SH		DFND	2,3,8,24,25	130,067	0	0
KOHLS CORP	Common Stock	500255104	561	38,497	SH		DFND	23	38,497	0	0
KROGER CO COM	Common Stock	501044101	4,822	166,194	SH		DFND	3,24,25	166,194	0	0
L3HARRIS TECHNOLOGIES INC COM	Common Stock	502431109	9,016	45,395	SH		DFND	2,3	45,395	0	0
LAM RESEARCH CORP COM USD0.001	Common Stock	512807108	9,061	33,399	SH		DFND	3,23	33,399	0	0
LAS VEGAS SANDS CORP	Common Stock	517834107	3,603	84,902	SH		DFND	8,23,25	84,902	0	0
ESTEE LAUDER COMPANIES INC CL A USD0.01	Common Stock	518439104	2,481	15,570	SH		DFND	24,25	15,570	0	0
LEGGETT & PLATT INC COM	Common Stock	524660107	1,517	56,857	SH		DFND	8,23,25	56,857	0	0
ELI LILLY AND CO COM	Common Stock	532457108	23,531	176,967	SH		DFND	3,23,24,25	176,967	0	0
LINCOLN NATIONAL CORP COM NPV	Common Stock	534187109	8,387	172,908	SH		DFND	2,3	172,908	0	0
LLOYDS BANKING GROUP PLC SPONSORED ADR	Common Stock	539439109	445	174,703	SH		DFND	3	174,703	0	0
LOCKHEED MARTIN CORP	Common Stock	539830109	11,990	35,370	SH		DFND	23	35,370	0	0
LOWE'S COS INC	Common Stock	548661107	6,536	68,224	SH		DFND	3,23	68,224	0	0
M &T BANK CORP COM USD0.50	Common Stock	55261F104	2,071	14,752	SH		DFND	3	14,752	0	0
MLP MAGELLAN MIDSTREAM PARTNERS LP COM UNIT REPSTG LTD PARTNER INT	Common Stock	559080106	1,303	35,706	SH		DFND	8	35,706	0	0
MAGNA INTL INC COM NPV	Common Stock	559222401	1,996	62,894	SH		DFND	23,24,25	62,894	0	0
MANPOWERGROUP INC	Common Stock	56418H100	678	12,779	SH		DFND	24,25	12,779	0	0
MASCO CORP COM USD1.00	Common Stock	574599106	9,685	227,617	SH		DFND	2,3	227,617	0	0
MASTERCARD INC CL A	Common Stock	57636Q104	19,648	67,556	SH		DFND	2,3	67,556	0	0
MAXIM INTEGRATED PRODUCTS	Common Stock	57772K101	2,268	46,640	SH		DFND	23	46,640	0	0
MCDONALD'S CORP	Common Stock	580135101	18,017	109,005	SH		DFND	8,23,24,25	109,005	0	0
MERCK & CO. INC.	Common Stock	58933Y105	26,519	344,740	SH		DFND	3,8,23,24,25	344,740	0	0
METLIFE INC COM STK USD0.01	Common Stock	59156R108	1,806	59,091	SH		DFND	8,24,25	59,091	0	0
MICROSOFT CORP COM	Common Stock	594918104	58,685	369,626	SH		DFND	2,3,8,24,25	369,626	0	0
MICRON TECH INC COM	Common Stock	595112103	1,047	24,900	SH		DFND	24,25	24,900	0	0
MONDELEZ INTL INC COM NPV	Common Stock	609207105	10,950	207,674	SH		DFND	2,3	207,674	0	0
NETAPP INC	Common Stock	64110D104	1,989	47,684	SH		DFND	23	47,684	0	0
NORFOLK SOUTHERN CORP COM USD1	Common Stock	655844108	9,811	52,937	SH		DFND	2,3	52,937	0	0
NORTHERN TRUST CORP	Common Stock	665859104	1,878	24,890	SH		DFND	23	24,890	0	0
NORTHROP GRUMMAN CORP COM USD1	Common Stock	666807102	13,459	40,185	SH		DFND	2,3	40,185	0	0
NUCOR CORP	Common Stock	670346105	1,696	47,209	SH		DFND	23	47,209	0	0
NVIDIA CORP	Common Stock	67066G104	6,081	22,518	SH		DFND	3	22,518	0	0
NUTRIEN LTD COM NPV	Common Stock	67077M108	2,034	57,942	SH		DFND	3,8	57,942	0	0
OCCIDENTAL PETE CORP COM	Common Stock	674599105	771	23,537	SH		DFND	3	23,537	0	0
OMNICOM GROUP INC COM USD0.15	Common Stock	681919106	8,612	129,414	SH		DFND	2,3,23	129,414	0	0
ORACLE CORP	Common Stock	68389X105	9,786	197,274	SH		DFND	2,3,23,24,25	197,274	0	0
PPL CORP COM ISIN US69351T1060	Common Stock	69351T106	1,934	78,369	SH		DFND	8,25	78,369	0	0
PARKER-HANNIFIN CORP COM USD0.50	Common Stock	701094104	3,467	18,764	SH		DFND	3	18,764	0	0
PAYCHEX INC	Common Stock	704326107	2,992	47,503	SH		DFND	23	47,503	0	0
PEMBINA PIPELINE CORPORATION COMMON STOCK	Common Stock	706327103	907	48,907	SH		DFND	8,25	48,907	0	0
PEOPLES UTD FINL INC COM	Common Stock	712704105	1,196	108,237	SH		DFND	8,25	108,237	0	0
PEPSICO INC COM	Common Stock	713448108	42,920	345,143	SH		DFND	2,3,8,23,24,25	345,143	0	0
PFIZER INC COM	Common Stock	717081103	40,385	1,230,484	SH		DFND	2,3,8,23,24,25	1,230,484	0	0
PHILIP MORRIS INTL INC COM	Common Stock	718172109	48,473	645,843	SH		DFND	2,3,8,23,25	645,843	0	0
PHILLIPS 66 COM	Common Stock	718546104	7,699	133,396	SH		DFND	3,8,23,25	133,396	0	0
POPULAR INC COM NEW	Common Stock	733174700	4,241	84,867	SH		DFND	2,3	84,867	0	0
T ROWE PRICE GROUP INC	Common Stock	74144T108	6,920	64,527	SH		DFND	3,23	64,527	0	0
PRINCIPAL FINANCIAL GROUP	Common Stock	74251V102	3,219	88,996	SH		DFND	3,23	88,996	0	0
PROCTER & GAMBLE COM NPV	Common Stock	742718109	33,895	307,548	SH		DFND	3,8,23,24,25	307,548	0	0
PROGRESSIVE CORP	Common Stock	743315103	3,156	42,732	SH		DFND	23	42,732	0	0
QORVO INC COM	Common Stock	74736K101	5,291	52,109	SH		DFND	2,3	52,109	0	0
QUALCOMM INC	Common Stock	747525103	10,205	150,857	SH		DFND	23	150,857	0	0
QUEST DIAGNOSTICS INC COM USD0.01	Common Stock	74834L100	3,750	38,758	SH		DFND	3,23	38,758	0	0
RAYTHEON CO COM NEW	Common Stock	755111507	3,073	16,296	SH		DFND	3	16,296	0	0
REGIONS FINL CORP NEW COM	Common Stock	7591EP100	572	34,398	SH		DFND	2	34,398	0	0
REPUBLIC SVCS INC COM	Common Stock	760759100	805	10,731	SH		DFND	24,25	10,731	0	0
ROGERS COMMUNICATIONS INC-B	Common Stock	775109200	5,544	134,083	SH		DFND	8,23,24,25	134,083	0	0
ROSS STORES INC COM	Common Stock	778296103	1,175	13,505	SH		DFND	24,25	13,505	0	0
ROYAL BANK OF CANADA	Common Stock	780087102	12,652	206,273	SH		DFND	8,23,24,25	206,273	0	0
SPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF	Common Stock	78464A375	524,315	14,602,380	SH		DFND	2,3	14,602,380	0	0
SPDR SER TR NUVEEN BLMBRG SR	Common Stock	78468R739	14,303	289,883	SH		DFND	2,3	289,883	0	0
SCHWAB FUNDAMENTAL EM L/C	Common Stock	808524730	25,335	1,232,201	SH		DFND	23	1,232,201	0	0
SCHWAB FUNDAMENTAL INTL L/C	Common Stock	808524755	109,154	5,187,968	SH		DFND	23	5,187,968	0	0
SKYWORKS SOLUTIONS INC COM	Common Stock	83088M102	1,249	13,971	SH		DFND	24,25	13,971	0	0
SMITH & NEPHEW ADR EACH REPR 2 ORD	Common Stock	83175M205	491	10,892	SH		DFND	3	10,892	0	0
SOUTHWEST AIRLNS CO	Common Stock	844741108	1,965	42,551	SH		DFND	3	42,551	0	0
SPIRIT AEROSYSTEMS HLDGS INC CL A	Common Stock	848574109	1,768	20,324	SH		DFND	2	20,324	0	0
STANLEY BLACK & DECKER INC COM USD2.50	Common Stock	854502101	7,395	51,461	SH		DFND	3	51,461	0	0
STARBUCKS CORP	Common Stock	855244109	4,690	65,986	SH		DFND	3,23	65,986	0	0
STATE STR CORP COM	Common Stock	857477103	2,017	29,609	SH		DFND	3	29,609	0	0
SYNCHRONY FINL COM	Common Stock	87165B103	2,134	70,218	SH		DFND	2,3	70,218	0	0
SYSCO CORP	Common Stock	871829107	2,349	51,458	SH		DFND	23	51,458	0	0
TD AMERITRADE HOLDING CORP	Common Stock	87236Y108	1,803	52,036	SH		DFND	23	52,036	0	0
TJX COMPANIES INC	Common Stock	872540109	2,403	50,264	SH		DFND	23,24,25	50,264	0	0
T MOBILE US INC COM USD0.00001	Common Stock	872590104	9,217	105,938	SH		DFND	2,3	105,938	0	0
ADR TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADS EACH REP 5 ORD TWD10	Common Stock	874039100	2,112	44,198	SH		DFND	8,24	44,198	0	0
TARGET CORP COM STK	Common Stock	87612E106	22,306	229,269	SH		DFND	3,8,23,24,25	229,269	0	0
TELUS CORP	Common Stock	87971M103	931	59,096	SH		DFND	23	59,096	0	0
TEXAS INSTRUMENTS INC COM	Common Stock	882508104	23,597	231,418	SH		DFND	3,8,23,24,25	231,418	0	0
3M CO	Common Stock	88579Y101	12,306	90,151	SH		DFND	23	90,151	0	0
TORONTO-DOMINION BANK	Common Stock	891160509	11,417	269,541	SH		DFND	23,24,25	269,541	0	0
TRUECAR INC	Common Stock	89785L107	21,794	9,042,992	SH		DFND		9,042,992	0	0
TYSON FOODS INC CL A COM (DELAWARE)	Common Stock	902494103	1,012	17,501	SH		DFND	24,25	17,501	0	0
US BANCORP	Common Stock	902973304	3,787	93,574	SH		DFND	3,23	93,574	0	0
UNION PACIFIC CORP	Common Stock	907818108	20,952	136,959	SH		DFND	2,3,23	136,959	0	0
UNITED AIRLINES HOLDINGS INC COM USD0.01	Common Stock	910047109	531	16,826	SH		DFND	24,25	16,826	0	0
UNITED PARCEL SVC INC CL B	Common Stock	911312106	14,969	160,229	SH		DFND	8,23,25	160,229	0	0
UNITEDHEALTH GROUP INC	Common Stock	91324P102	16,763	67,240	SH		DFND	23	67,240	0	0
UNUM GROUP	Common Stock	91529Y106	481	32,068	SH		DFND	23	32,068	0	0
VF CORP	Common Stock	918204108	594	10,972	SH		DFND	23	10,972	0	0
VANECK VECTORS ETF TR HIGH YLD MUN ETF	Common Stock	92189H409	5,391	82,519	SH		DFND	2,3	82,519	0	0
MFC VANGUARD SPECIALIZED FUNDS VANGUARD DIVIDEND APPRECIATION ETF	Common Stock	921908844	14,661	141,799	SH		DFND		141,799	0	0
VANGUARD TOTAL INTL STOCK	Common Stock	921909768	25,031	594,700	SH		DFND		594,700	0	0
VANGUARD SHORT-TERM BOND ETF	Common Stock	921937827	80,411	978,241	SH		DFND		978,241	0	0
VANGUARD TOTAL BOND MARKET	Common Stock	921937835	52,015	605,108	SH		DFND		605,108	0	0
VANGUARD FTSE DEVELOPED ETF	Common Stock	921943858	752,931	22,583,489	SH		DFND	23	22,583,489	0	0
VANGUARD HIGH DVD YIELD ETF	Common Stock	921946406	671,150	9,486,211	SH		DFND		9,486,211	0	0
VANGUARD INTL EQUITY INDEX FDS	Common Stock	922042742	5,642	71,528	SH		DFND	2	71,528	0	0
MFC VANGUARD INTL EQUITY INDEX FDS VANGUARD FTSE ALL WORLD EX US ETF	Common Stock	922042775	49,584	1,208,766	SH		DFND		1,208,766	0	0
VANGUARD FTSE EMERGING MARKE	Common Stock	922042858	44,223	1,316,975	SH		DFND	23	1,316,975	0	0
VANGUARD S/T CORP BOND ETF	Common Stock	92206C409	21,827	275,938	SH		DFND		275,938	0	0
VANGUARD LONG-TERM CORP BOND	Common Stock	92206C813	22,607	233,037	SH		DFND		233,037	0	0
VANGUARD INT-TERM CORPORATE	Common Stock	92206C870	21,838	250,604	SH		DFND		250,604	0	0
VANGUARD S&P 500 ETF	Common Stock	922908363	156,884	662,632	SH		DFND	23	662,632	0	0
VANGUARD EXTENDED MARKET ETF	Common Stock	922908652	26,231	289,756	SH		DFND		289,756	0	0
MFC VANGUARD INDEX FDS TOTAL STOCK MARKET ETF	Common Stock	922908769	9,808	76,083	SH		DFND		76,083	0	0
VERIZON COMMUNICATIONS INC COM	Common Stock	92343V104	32,938	609,293	SH		DFND	2,3,8,23,24,25	609,293	0	0
VERTEX PHARMACEUTCLS INC	Common Stock	92532F100	4,445	19,843	SH		DFND	3	19,843	0	0
MFC VICTORY PORTFOLIOS II SHARES USAA CORE INTERMEDIATE TERM BOND	Common Stock	92647N527	355,196	6,749,347	SH		DFND	3	6,749,347	0	0
VICTORYSHARES USAA CORE SHOR	Common Stock	92647N535	76,831	1,540,842	SH		DFND	3	1,540,842	0	0
VICTORYSHARES USAA MSCI EMER	Common Stock	92647N543	59,034	1,695,346	SH		DFND	3,23	1,695,346	0	0
VICTORYSHARES USAA MSCI INTE	Common Stock	92647N550	112,344	3,016,137	SH		DFND	3,23	3,016,137	0	0
VICTORYSHARES USAA MSCI USA	Common Stock	92647N568	44,269	1,028,339	SH		DFND	3,23	1,028,339	0	0
VICTORYSHARES USAA MSCI USA	Common Stock	92647N576	160,836	3,757,161	SH		DFND	3,23	3,757,161	0	0
VISA INC COM CL A STK	Common Stock	92826C839	1,864	11,570	SH		DFND	24,25	11,570	0	0
VISTRA ENERGY CORP COM	Common Stock	92840M102	309	19,388	SH		DFND	25	19,388	0	0
WEC ENERGY GROUP INC COM	Common Stock	92939U106	4,137	45,533	SH		DFND	3,8,25	45,533	0	0
WALMART INC	Common Stock	931142103	8,904	79,429	SH		DFND	3,23,24,25	79,429	0	0
WALGREENS BOOTS ALLIANCE INC	Common Stock	931427108	3,396	74,287	SH		DFND	23	74,287	0	0
WASTE MGMT INC DEL COM STK	Common Stock	94106L109	2,068	22,347	SH		DFND	24,25	22,347	0	0
WELLS FARGO & CO	Common Stock	949746101	25,431	886,644	SH		DFND	8,23,25	886,644	0	0
WELLTOWER INC COM REIT	Common Stock	95040Q104	1,684	36,800	SH		DFND	8,24,25	36,800	0	0

Check here if Amendment:	☐ Amendment Number:
This Amendment (Check only one.):	☐ is a restatement. ☐ adds new holdings entries.

Name:	UNITED SERVICES AUTOMOBILE ASSOCIATION
Address:	9800 FREDERICKSBURG RD

	SAN ANTONIO, TX 78288
Form 13F File Number:	028-05810

Name:	Brett Seybold
Title:	SVP, Finance and Corporate Treasurer
Phone:	210-456-2220

Number of Other Included Managers:	8
Form 13F Information table Entry Total:	254
Form 13F Information table Value Total:	7472628 (thousands)

Institutional Investment Manager Filing this Report:

Signature, Place, and Date of Signing:

Report Type (Check only one.):

Form 13F Summary Page

Report Summary:

List of Other Included Managers: