US Bancorp

SEC CIK: 0000036104
Latest filing: Aug 12, 2026

SEC filings (opens in a new tab)

Holdings in Q4 2024

Holdings as of Dec 31, 2024, filed Feb 5, 2025. Long positions only; changes compare share counts with Q3 2024.

Positions: 4,144; +89 vs. Q3 2024
Portfolio value: $76.4B; −$1.50B (−1.9%) vs. Q3 2024
Filed: Feb 5, 2025; SEC

Holdings of US Bancorp in Q4 2024
Security	Class	Shares	Value	% of portfolio	Share change	Action	History
Schwab U.S. Large-Cap ETF808524201	ETF	206,419,096	$4.78B	6.3%	+144,638,815+234.1%	AddedConverted for a 3-for-1 split	–
iShares Core S&P 500 ETF464287200	ETF	5,964,953	$3.51B	4.6%	−388,011−6.1%	Reduced	–
iShares Core U.S. Aggregate Bond ETF464287226	ETF	34,048,215	$3.30B	4.3%	−3,212,525−8.6%	Reduced	–
AAPLApple Inc.	Stock	11,090,682	$2.78B	3.6%	−119,517−1.1%	Reduced	History
SPYSPDR S&P 500 ETF Trust	ETF	4,494,391	$2.63B	3.4%	−48,561−1.1%	Reduced	History
MSFTMicrosoft Corp	Stock	5,740,822	$2.42B	3.2%	+18,027+0.3%	Added	History
iShares Core MSCI Eafe ETF46432F842	ETF	32,914,849	$2.31B	3.0%	+46,411+0.1%	Added	–
iShares Russell Midcap ETF464287499	ETF	18,906,960	$1.67B	2.2%	−2,199,841−10.4%	Reduced	–
LLYEli Lilly & Co	Stock	2,093,971	$1.62B	2.1%	−88,598−4.1%	Reduced	History
iShares Core MSCI Emerging Markets ETF46434G103	ETF	25,626,618	$1.34B	1.8%	+887,580+3.6%	Added	–
AMZNAmazon Com Inc	Stock	5,774,653	$1.27B	1.7%	+20,390+0.4%	Added	History
GOOGLAlphabet Inc.	Stock	6,124,384	$1.16B	1.5%	+36,289+0.6%	Added	History
Vanguard Ftse Developed Markets ETF921943858	ETF	23,812,753	$1.14B	1.5%	+8,608,172+56.6%	Added	–
NVDANVIDIA Corp	Stock	7,667,208	$1.03B	1.3%	+254,603+3.4%	Added	History
JPMJPMorgan Chase & Co	Stock	3,849,092	$922.7M	1.2%	−45,416−1.2%	Reduced	History
iShares Russell 2000 ETF464287655	ETF	3,864,346	$853.9M	1.1%	−14,598−0.4%	Reduced	–
Invesco QQQ Trust Series I46090E103	ETF	1,409,330	$720.5M	0.9%	+46,229+3.4%	Added	–
PGProcter & Gamble Co	Stock	4,053,358	$679.5M	0.9%	+56,335+1.4%	Added	History
iShares Tr464288877	EAFE VALUE ETF	12,803,041	$671.8M	0.9%	+481,280+3.9%	Added	–
Vanguard Morningstar Total Stock Market ETF922908769	ETF	2,206,849	$639.6M	0.8%	−10,945,440−83.2%	Reduced	–
BRK.ABerkshire Hathaway Inc	CL A	923	$628.5M	0.8%	−3−0.3%	Reduced	History
Schwab U.S. REIT ETF808524847	ETF	28,445,009	$599.1M	0.8%	+850,612+3.1%	Added	–
MDYSPDR S&P Midcap 400 ETF Trust	ETF	1,045,963	$595.8M	0.8%	−18,001−1.7%	Reduced	History
iShares Tr464288414	NATIONAL MUN ETF	5,573,438	$593.9M	0.8%	−1,282,076−18.7%	Reduced	–
iShares Core S&P Small Cap ETF464287804	ETF	5,151,408	$593.5M	0.8%	−9,254−0.2%	Reduced	–
BRK.BBerkshire Hathaway Inc	Stock	1,302,328	$590.3M	0.8%	+569,837+77.8%	Added	History
iShares MSCI Eafe ETF464287465	ETF	7,514,472	$568.2M	0.7%	+1,9250.0%	Added	–
UNHUnitedHealth Group Inc	Stock	1,119,390	$566.3M	0.7%	+640.0%	Added	History
WMTWalmart Inc.	Stock	6,235,457	$563.4M	0.7%	−89,801−1.4%	Reduced	History
iShares Russell Mid-Cap Value ETF464287473	ETF	4,251,283	$549.9M	0.7%	+72,149+1.7%	Added	–
HDHome Depot, Inc.	Stock	1,401,847	$545.3M	0.7%	+14,751+1.1%	Added	History
METAMeta Platforms, Inc.	Stock	882,118	$516.5M	0.7%	+36,810+4.4%	Added	History
Vanguard Real Estate ETF922908553	ETF	5,665,065	$504.6M	0.7%	+585,657+11.5%	Added	–
COSTCostco Wholesale Corp	Stock	544,164	$498.6M	0.7%	−8,150−1.5%	Reduced	History
MAMastercard Inc	Stock	913,402	$481.0M	0.6%	+741+0.1%	Added	History
ABBVAbbVie Inc.	Stock	2,508,765	$445.8M	0.6%	−24,245−1.0%	Reduced	History
iShares Russell 1000 Growth ETF464287614	ETF	1,053,112	$422.9M	0.6%	−45,387−4.1%	Reduced	–
iShares Core MSCI Total International Stock ETF46432F834	ETF	6,342,165	$419.5M	0.5%	+2,101,090+49.5%	Added	–
Vanguard Star FDS921909768	VG TL INTL STK F	6,609,457	$389.5M	0.5%	−6,645,419−50.1%	Reduced	–
GOOGAlphabet Inc.	Stock	2,044,156	$389.3M	0.5%	+11,993+0.6%	Added	History
XOMExxonMobil Holdings Corp	COM	3,615,789	$389.0M	0.5%	−31,857−0.9%	Reduced	History
ACNAccenture plc	Stock	1,105,074	$388.8M	0.5%	−11,962−1.1%	Reduced	History
JNJJohnson & Johnson	Stock	2,662,661	$385.1M	0.5%	−29,791−1.1%	Reduced	History
iShares Tr464288638	ISHS 5-10YR INVT	7,371,486	$379.7M	0.5%	+435,634+6.3%	Added	–
PCARPaccar Inc	COM	3,625,723	$377.1M	0.5%	−8820.0%	Reduced	History
USBUS Bancorp DE	COM NEW	7,804,415	$373.3M	0.5%	−203,150−2.5%	Reduced	History
ABTAbbott Laboratories	Stock	2,966,396	$335.5M	0.4%	−78,905−2.6%	Reduced	History
State Street Technology Select Sector SPDR ETF81369Y803	ETF	1,438,210	$334.4M	0.4%	+3,588+0.3%	Added	–
VVisa Inc.	Stock	1,035,216	$327.2M	0.4%	−5,289−0.5%	Reduced	History
Vanguard Ftse Emerging Markets ETF922042858	ETF	7,298,559	$321.4M	0.4%	−1,188,057−14.0%	Reduced	–
BACBank of America Corp	Stock	7,291,256	$320.5M	0.4%	+8,443+0.1%	Added	History
CVXChevron Corp	Stock	2,209,632	$320.0M	0.4%	+57,668+2.7%	Added	History
iShares Core S&P Mid-Cap ETF464287507	ETF	4,910,376	$306.0M	0.4%	+141,668+3.0%	Added	–
MMM3M Co	Stock	2,339,402	$302.0M	0.4%	−61,233−2.6%	Reduced	History
MCDMcDonalds Corp	Stock	1,014,632	$294.1M	0.4%	−23,661−2.3%	Reduced	History
PEPPepsiCo Inc	Stock	1,877,866	$285.5M	0.4%	−46,193−2.4%	Reduced	History
Schwab International Equity ETF808524805	ETF	15,204,913	$281.3M	0.4%	+216,619+1.4%	AddedConverted for a 2-for-1 split	–
Vanguard Total World Stock ETF922042742	ETF	2,385,736	$280.3M	0.4%	+2,381,934+62,649.5%	Added	–
AVGOBroadcom Inc.	Stock	1,199,060	$278.0M	0.4%	+80,096+7.2%	Added	History
EMREmerson Electric Co	Stock	2,240,674	$277.7M	0.4%	−2,480−0.1%	Reduced	History
KOCoca Cola Co	Stock	4,404,016	$274.2M	0.4%	−11,279−0.3%	Reduced	History
MPCMarathon Petroleum Corp	Stock	1,911,303	$266.6M	0.3%	−37,967−1.9%	Reduced	History
Vanguard S&P 500 ETF922908363	ETF	485,738	$261.7M	0.3%	−2,951−0.6%	Reduced	–
ORCLOracle Corp	Stock	1,570,294	$261.7M	0.3%	+17,959+1.2%	Added	History
TGTTarget Corp	Stock	1,924,591	$260.2M	0.3%	−98,379−4.9%	Reduced	History
ECLEcolab Inc.	Stock	1,069,679	$250.6M	0.3%	−24,525−2.2%	Reduced	History
PANWPalo Alto Networks Inc	Stock	1,328,754	$241.8M	0.3%	00.0%	UnchangedConverted for a 2-for-1 split	History
CSCOCisco Systems, Inc.	Stock	4,022,050	$238.1M	0.3%	−225,534−5.3%	Reduced	History
NEENextera Energy Inc	Stock	3,066,037	$219.8M	0.3%	+76,049+2.5%	Added	History
Vanguard Index FDS922908652	EXTEND MKT ETF	1,149,597	$218.4M	0.3%	+16,043+1.4%	Added	–
BLKBlackRock, Inc.	Stock	212,943	$218.3M	0.3%	−6,365−2.9%	Reduced	History
HONHoneywell International Inc	COM	908,159	$205.1M	0.3%	−9,201−1.0%	Reduced	History
QCOMQualcomm Inc	Stock	1,314,302	$201.9M	0.3%	+11,541+0.9%	Added	History
AMTAmerican Tower Corp	REIT	1,096,154	$201.0M	0.3%	−50,701−4.4%	Reduced	History
NOWServiceNow, Inc.	Stock	188,677	$200.0M	0.3%	−432−0.2%	Reduced	History
CATCaterpillar Inc	Stock	548,782	$199.1M	0.3%	−10,259−1.8%	Reduced	History
AMGNAmgen Inc	Stock	738,025	$192.4M	0.3%	−13,070−1.7%	Reduced	History
MRKMerck & Co., Inc.	Stock	1,912,197	$190.2M	0.2%	−53,580−2.7%	Reduced	History
UNPUnion Pacific Corp	Stock	826,636	$188.5M	0.2%	−12,714−1.5%	Reduced	History
iShares Russell Mid-Cap Growth ETF464287481	ETF	1,485,364	$188.3M	0.2%	+80,628+5.7%	Added	–
iShares Tr464287622	RUS 1000 ETF	570,452	$183.8M	0.2%	−1,806−0.3%	Reduced	–
SCHWSchwab Charles Corp	Stock	2,435,414	$180.2M	0.2%	+90,985+3.9%	Added	History
Vanguard Mun BD FDS922907746	TAX EXEMPT BD	3,583,701	$179.7M	0.2%	+167,474+4.9%	Added	–
CBChubb Ltd	Stock	632,967	$174.9M	0.2%	+16,137+2.6%	Added	History
TXNTexas Instruments Inc	Stock	902,603	$169.2M	0.2%	−8,499−0.9%	Reduced	History
iShares S&P 500 Growth ETF464287309	ETF	1,658,474	$168.4M	0.2%	−1,802,893−52.1%	Reduced	–
GLDSPDR Gold Trust	ETF	695,118	$168.3M	0.2%	+3,470+0.5%	Added	History
ADPAutomatic Data Processing Inc	Stock	569,854	$166.8M	0.2%	−2,551−0.4%	Reduced	History
WFCWells Fargo & Company	Stock	2,347,173	$164.9M	0.2%	+1,836+0.1%	Added	History
CRMSalesforce, Inc.	Stock	479,272	$160.2M	0.2%	+7,587+1.6%	Added	History
iShares Tr464288521	CRE U S REIT ETF	2,775,610	$159.1M	0.2%	+87,662+3.3%	Added	–
iShares Tr464288885	EAFE GRWTH ETF	1,641,559	$159.0M	0.2%	+8,767+0.5%	Added	–
iShares Russell 1000 Value ETF464287598	ETF	858,624	$159.0M	0.2%	−13,178−1.5%	Reduced	–
Vanguard Morningstar Value ETF922908744	ETF	914,668	$154.9M	0.2%	−6,437−0.7%	Reduced	–
PFEPfizer Inc	Stock	5,776,585	$153.3M	0.2%	−491,587−7.8%	Reduced	History
iShares Tr464287432	20 YR TR BD ETF	1,697,051	$148.2M	0.2%	+743,864+78.0%	Added	–
iShares Select Dividend ETF464287168	ETF	1,125,515	$147.8M	0.2%	−34,671−3.0%	Reduced	–
iShares Tr464287234	MSCI EMG MKT ETF	3,278,156	$137.1M	0.2%	−8,416−0.3%	Reduced	–
iShares S&P 500 Value ETF464287408	ETF	717,400	$136.9M	0.2%	−760,604−51.5%	Reduced	–
AMDAdvanced Micro Devices Inc	Stock	1,130,377	$136.5M	0.2%	+30,882+2.8%	Added	History

Options (10)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of US Bancorp in Q4 2024
Security	Class	Puts	Calls
TSLATesla, Inc.	Stock	–	$314.6K
MMM3M Co	Stock	$57.5K	–
SPYSPDR S&P 500 ETF Trust	ETF	$33.6K	–
JNJJohnson & Johnson	Stock	$31.3K	–
Vanguard Dividend Appreciation ETF921908844	ETF	$18.2K	–
NVDANVIDIA Corp	Stock	–	$2.24K
BOXBox Inc	CL A	$500	–
iShares MSCI Eafe ETF464287465	ETF	$124	–
iShares Tr464287234	MSCI EMG MKT ETF	$37	–
MSFTMicrosoft Corp	Stock	$22	–

Sold out since Q3 2024 (170)

Positions held at the end of Q3 2024 that are gone from this filing.

The largest 100 of 170 by value last quarter.

Positions of US Bancorp sold out since Q3 2024
Security	Class	Shares in Q3 2024	Value in Q3 2024	% of portfolio in Q3 2024	History
iShares Tr46434VBG4	IBONDS DEC24 ETF	1,092,742	$27.5M	<0.1%	–
iShares Tr46435U697	IBONDS DEC	520,523	$13.6M	<0.1%	–
iShares Tr46435G219	INVT GRAD SY ETF	83,887	$3.90M	<0.1%	–
VSTOVista Outdoor Inc.	COM	62,614	$2.45M	<0.1%	History
Invesco Exch TRD SLF Idx FD46138J841	BULSHS 2024 CB	98,585	$2.08M	<0.1%	–
iShares Tr46436E874	IBONDS 24 TRM TS	54,419	$1.31M	<0.1%	–
SWNSouthwestern Energy Co	COM	177,043	$1.26M	<0.1%	History
MROMarathon Oil Corp	COM	45,010	$1.20M	<0.1%	History
ORANYOrange	SPONSORED ADR	99,816	$1.15M	<0.1%	History
VanEck ETF Trust92189H748	CLO ETF	19,271	$1.02M	<0.1%	–
FLXSFlexsteel Industries Inc	COM	16,047	$710.7K	<0.1%	History
PRMWPrimo Water Corp	COM	23,709	$598.7K	<0.1%	History
SRCLStericycle Inc	COM	5,623	$343.0K	<0.1%	History
AGRAvangrid, Inc.	COM	9,148	$327.4K	<0.1%	History
CTLTCatalent, Inc.	COM	4,664	$282.5K	<0.1%	History
ENVEnvestnet, Inc.	COM	4,233	$265.1K	<0.1%	History
PRFTPerficient Inc	COM	3,455	$260.8K	<0.1%	History
VanEck ETF Trust92189F429	PREFERRED SECURT	11,610	$212.0K	<0.1%	–
Atlantica Sustainable Infr PG0751N103	SHS	8,479	$186.4K	<0.1%	–
SQSPSquarespace, Inc.	CLASS A	3,047	$141.5K	<0.1%	History
VNDAVanda Pharmaceuticals Inc.	COM	27,244	$127.8K	<0.1%	History
NEXTNextDecade Corp	COM	24,440	$115.1K	<0.1%	History
SNTSenstar Technologies Corp	COM	72,321	$115.0K	<0.1%	History
BVSBioventus Inc.	COM CL A	9,267	$110.7K	<0.1%	History
CEVEaton Vance California Municipal Income Trust	SH BEN INT	9,910	$107.7K	<0.1%	History
HYBNew America High Income Fund Inc	COM NEW	11,921	$99.3K	<0.1%	History
HPIJohn Hancock Preferred Income Fund	SH BEN INT	5,000	$94.8K	<0.1%	History
New York Life Investments Et45409B107	HEDGE MULTI STRA	2,778	$89.1K	<0.1%	–
SLRNACELYRIN, Inc.	COM	16,854	$83.1K	<0.1%	History
TBBKBancorp, Inc.	COM	1,543	$82.6K	<0.1%	History
State Street SPDR Portfolio Long Term Corporate Bond ETF78464A367	ETF	3,116	$75.3K	<0.1%	–
EROEro Copper Corp.	COM	3,376	$75.2K	<0.1%	History
SMLRSemler Scientific, Inc.	COM	3,064	$72.2K	<0.1%	History
VGRVector Group Ltd	COM	4,130	$61.6K	<0.1%	History
iShares Tr46429B614	MSCI INDIA SM CP	712	$61.2K	<0.1%	–
Microchip Technology Inc595017AU8	NOTE 0.125%11/1	–	$59.7K	<0.1%	–
Nuvei Corp67079A102	COM	1,755	$58.5K	<0.1%	–
T Rowe Price Exchange-Traded87283Q404	PRICE DIV GRWT	1,408	$57.7K	<0.1%	–
HAYNHaynes International Inc	COM NEW	913	$54.4K	<0.1%	History
OPTUOptimum Communications, Inc.	CL A	21,530	$53.0K	<0.1%	History
Direxion Shs ETF Tr25459W862	DRX S&P500BULL	288	$47.2K	<0.1%	–
ENTAEnanta Pharmaceuticals Inc	COM	4,329	$44.8K	<0.1%	History
VanEck ETF Trust92189F684	RETAIL ETF	200	$43.6K	<0.1%	–
Alps ETF Tr00162Q858	SECTR DIV DOGS	700	$41.3K	<0.1%	–
RCMR1 RCM Inc.	COM	2,605	$36.9K	<0.1%	History
Direxion Shs ETF Tr25459Y280	DLY FTS BUL 3X	1,198	$35.0K	<0.1%	–
SPDR Index Shs FDS78463X855	S&P GBLINF ETF	513	$31.6K	<0.1%	–
BTOJohn Hancock Financial Opportunities Fund	SH BEN INT NEW	907	$30.1K	<0.1%	History
ALDXAldeyra Therapeutics, Inc.	COM	5,578	$30.1K	<0.1%	History
Direxion Shs ETF Tr25490K281	DLY EMG MK BL 3X	791	$30.0K	<0.1%	–
ACVVirtus Diversified Income & Convertible Fund	COM	1,384	$29.7K	<0.1%	History
CHUYChuy's Holdings, Inc.	COM	744	$27.8K	<0.1%	History
iShares Tr46436E148	IBONDS DEC 2033	1,100	$27.6K	<0.1%	–
DBIDesigner Brands Inc.	CL A	3,497	$25.8K	<0.1%	History
Fidelity Merrimack STR Tr316188309	TOTAL BD ETF	535	$25.0K	<0.1%	–
Dimensional ETF Trust25434V740	EMERGING MKTS VA	761	$21.7K	<0.1%	–
BTZBlackRock Credit Allocation Income Trust	COM	1,908	$21.5K	<0.1%	History
LULufax Holding Ltd	SPONSORED ADR	6,108	$21.3K	<0.1%	History
MINAberdeen Intermediate Income Fund	SH BEN INT	7,600	$20.7K	<0.1%	History
IMNMImmunome Inc.	COM	1,389	$20.3K	<0.1%	History
EYPTEyePoint, Inc.	COM NEW	2,535	$20.3K	<0.1%	History
TWKSThoughtworks Holding, Inc.	COM	3,781	$16.7K	<0.1%	History
First Tr Exchange-Traded FD33739G103	MNGD FUTRS STRGY	347	$16.5K	<0.1%	–
Dimensional ETF Trust25434V781	INTL SMALL CAP V	565	$16.4K	<0.1%	–
BMEZBlackRock Health Sciences Term Trust	COM SHS	1,000	$15.8K	<0.1%	History
AXNXAxonics, Inc.	COM	223	$15.5K	<0.1%	History
MODVModivCare Inc	COM	1,082	$15.5K	<0.1%	History
PTLOPortillo's Inc.	COM CL A	975	$13.1K	<0.1%	History
ProShares Tr74347B425	SHORT S&P 500 NE	1,130	$12.3K	<0.1%	–
OXSQOxford Square Capital Corp.	COM	4,114	$11.6K	<0.1%	History
Clearway Energy, Inc.18539C105	CL A	400	$11.4K	<0.1%	–
ZIMZIM Integrated Shipping Services Ltd.	SHS	440	$11.3K	<0.1%	History
EOLSEvolus, Inc.	COM	688	$11.1K	<0.1%	History
IEPIcahn Enterprises L.P.	DEPOSITARY UNIT	820	$11.1K	<0.1%	History
Air Transport Services Grp I00922RAB1	NOTE 1.125%10/1	11,000	$11.0K	<0.1%	–
OPRXOptimizeRx Corp	COM NEW	1,325	$10.2K	<0.1%	History
Spirit Airls Inc848577AB8	NOTE 1.000% 5/1	–	$9.65K	<0.1%	–
EGYVaalco Energy Inc	COM NEW	1,571	$9.02K	<0.1%	History
CMBTCmb.tech NV	SHS	537	$8.92K	<0.1%	History
Zillow Group, Inc.98954MAG6	NOTE 1.375% 9/0	–	$8.83K	<0.1%	–
First Tr Exch TRD Alphdx FD33737J182	EMERG MKT ALPH	350	$8.39K	<0.1%	–
Amplify ETF Tr032108631	AMPLIFY ALTERNAT	2,401	$7.95K	<0.1%	–
TBCHTurtle Beach Corp	COM NEW	500	$7.67K	<0.1%	History
VanEck Vectors ETF Tr92189F833	INDONESIA INDEX	362	$6.57K	<0.1%	–
DLOdLocal Ltd	CLASS A COM	800	$6.40K	<0.1%	History
AMJBJPMorgan Chase & Co	CAL LKD 44 ADDED	222	$6.32K	<0.1%	History
Integer Hldgs Corp45826HAB5	NOTE 2.125% 2/1	–	$6.31K	<0.1%	–
ALPPAlpine 4 Holdings, Inc.	CL A NEW	16,875	$6.02K	<0.1%	History
TransMedics Group, Inc.89377MAB5	NOTE 1.500% 6/0	–	$5.53K	<0.1%	–
JRINuveen Real Asset Income & Growth Fund	COM	400	$5.47K	<0.1%	History
Invesco Exchange Traded FD T46137V480	S&P SMCP VLU MNT	94	$5.17K	<0.1%	–
NAPADuckhorn Portfolio, Inc.	COM	845	$4.91K	<0.1%	History
Dimensional ETF Trust25434V732	EMERGING MKTS CO	169	$4.76K	<0.1%	–
ECVTEcovyst Inc.	COM	653	$4.47K	<0.1%	History
Managed Portfolio Series56167N753	ECOFIN GBL WATER	79	$3.96K	<0.1%	–
Wayfair Inc.94419LAD3	NOTE 1.125%11/0	4,000	$3.92K	<0.1%	–
IIIInformation Services Group Inc.	COM	1,125	$3.71K	<0.1%	History
Palo Alto Networks Inc697435AF2	NOTE 0.375% 6/0	–	$3.44K	<0.1%	–
IRENIREN Ltd	ORDINARY SHARES	400	$3.38K	<0.1%	History
Penn Natl Gaming Inc707569AU3	NOTE 2.750% 5/1	3,000	$3.24K	<0.1%	–