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USB in the 13F filings

US Bancorp · CUSIP 902973304

Sector · BanksTheme · Commercial banks and thriftsTheme · Financial services· L3VLUP-defined
Quarter
Q3 2026 · early filersQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 4 Feb 2026
Managers listing it
34
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 22 listed it in both
Shares listed
155,093,753
combined, among listed positions
Reported value
$8.3bn
combined, at the quarter end

Among the 92 comparable managers: 18 buyers (opened or added shares) and 18 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -6,335,993.

Managers listing USB in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

34 of 34 holders

ActionFiling
Fidelity (FMR LLC)62,483,013$3.3bn0.17%Trimmed-9,058,23817 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc24,919,079$1.3bn0.14%Added+4,153,08017 Feb 2026 (the filing on sec.gov)
Invesco Ltd17,595,336$939m0.09%Added+1,275,25019 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC8,818,344$471m0.83%Added+45,0664 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP7,017,658$374m0.34%Trimmed-2,658,14413 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors5,554,298$296m0.05%Newnew11 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC5,278,255$282m0.15%Added+2,399,14217 Feb 2026 (the filing on sec.gov)
Millennium Management LLC4,976,979$266m0.11%Trimmed-734,70917 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP3,881,172$207m0.12%Trimmed-197,18013 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP1,761,229$94m0.68%Added+133,18217 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP1,695,868$90munder 0.1%Trimmed-323,29017 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,462,929$78m0.09%Added+192,52117 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC1,459,456$78munder 0.1%Added+391,81812 Feb 2026 (the filing on sec.gov)
Man Group PLC1,457,489$78m0.13%Added+1,079,16017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP973,578$52munder 0.1%Added+580,14817 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC764,867$41m0.16%Trimmed-10,85713 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC618,227$33munder 0.1%Trimmed-2,022,35617 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd597,494$32munder 0.1%Added+103,16217 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC580,929$31m0.14%Added+97,41517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.573,721$31munder 0.1%Added+276,12117 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP547,558$29m0.11%Added+415,30313 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC387,477$21m0.06%Trimmed-430,60213 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP294,918$16munder 0.1%Trimmed-948,71017 Feb 2026 (the filing on sec.gov)
Woodline Partners LP265,246$14m0.05%Added+59,57817 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC233,101$12munder 0.1%Added+113,43427 Oct 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (2)

Exited (2)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
20 in Q3 2024 to 21 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
USB by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201324$11.6bnn.a.n.a.
Q3 201320$11.8bnn.a.n.a.
Q4 201320$13.5bnn.a.n.a.
Q1 201421$15.1bnn.a.n.a.
Q2 201423$14.7bnn.a.n.a.
Q3 201426$14.0bnn.a.n.a.
Q4 201423$15.8bnn.a.n.a.
Q1 201525$15.6bnn.a.n.a.
Q2 201528$15.3bnn.a.n.a.
Q3 201526$14.3bnn.a.n.a.
Q4 201526$14.4bnn.a.n.a.
Q1 201627$12.9bnn.a.n.a.
Q2 201625$13.1bnn.a.n.a.
Q3 201621$13.6bnn.a.n.a.
Q4 201625$15.6bnn.a.n.a.
Q1 201726$15.0bnn.a.n.a.
Q2 201726$15.5bnn.a.n.a.
Q3 201724$15.7bnn.a.n.a.
Q4 201727$15.8bnn.a.n.a.
Q1 201830$14.4bnn.a.n.a.
Q2 201821$13.9bnn.a.n.a.
Q3 201821$15.0bnn.a.n.a.
Q4 201823$12.9bnn.a.n.a.
Q1 201929$13.0bnn.a.n.a.
Q2 201927$14.1bnn.a.n.a.
Q3 201928$14.9bnn.a.n.a.
Q4 201925$15.1bnn.a.n.a.
Q1 202029$8.5bnn.a.n.a.
Q2 202023$8.7bnn.a.n.a.
Q3 202022$8.2bnn.a.n.a.
Q4 202023$10.7bnn.a.n.a.
Q1 202117$11.2bnn.a.n.a.
Q2 202116$11.1bnn.a.n.a.
Q3 202117$11.5bnn.a.n.a.
Q4 202116$10.6bnn.a.n.a.
Q1 202216$9.9bnn.a.n.a.
Q2 202222$8.5bnn.a.n.a.
Q3 202228$6.5bnn.a.n.a.
Q4 202228$5.7bnn.a.n.a.
Q1 202323$4.6bnn.a.n.a.
Q2 202322$4.0bnn.a.n.a.
Q3 202312$3.1bnn.a.n.a.
Q4 202311$4.5bn84
Q1 202415$5.2bn116
Q2 202418$5.1bn134
Q3 202420$6.9bn137
Q4 202418$7.0bn811
Q1 202530$7.7bn264
Q2 202525$7.7bn1017
Q3 202523$7.5bn187
Q4 202521$8.0bn1818
Q1 202620$7.7bn1121
Q2 202621$8.7bn2213

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

USB and BAC →USB and JPM →USB and WFC →Choose a stock to compare with USB →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own USB, latest filings →Back to the 13F Explorer →