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Livermore
Livermore
ZHEN

US Bancorp

SEC CIK
0000036104
Latest filing
Aug 12, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Jan 30, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
4,019
+37 vs. Q3 2025
Portfolio value
$85.3B
+$978.3M (+1.2%) vs. Q3 2025
Filed
Jan 30, 2026
SEC
Holdings of US Bancorp in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
ATERAterian, Inc.COM NEW1$1<0.1%00.0%UnchangedHistory
BTAIQBioXcel Therapeutics, Inc.COM NEW1$2<0.1%00.0%UnchangedHistory
Valaris LtdG9460G119*W EXP 04/29/2021$2<0.1%00.0%Unchanged–
SPCEVirgin Galactic Holdings, IncStock1$3<0.1%+1NewHistory
CREXCreative Realities, Inc.COM2$5<0.1%00.0%UnchangedHistory
MREOMereo BioPharma Group plcSPON ADS13$5<0.1%00.0%UnchangedHistory
SGMOQSangamo Therapeutics, IncCOM11$5<0.1%00.0%UnchangedHistory
OMOutset Medical, Inc.COM NEW2$7<0.1%00.0%UnchangedHistory
KYNBKyntra Bio, Inc.COM NEW1$9<0.1%00.0%UnchangedHistory
CLRBCellectar Biosciences, Inc.COM NEW3$9<0.1%00.0%UnchangedHistory
WKHSWorkhorse Group Inc.COM NEW2$10<0.1%+2NewHistory
LPSNLiveperson IncCOM4$15<0.1%−0−6.3%ReducedConverted for a 1-for-15 splitHistory
AIXCFF EAI Robotics Ecosystem Inc.COM7$16<0.1%00.0%UnchangedHistory
EVFEaton Vance Senior Income TrustSH BEN INT4$21<0.1%00.0%UnchangedHistory
FIRYFiry Inc.COM CL A5$22<0.1%00.0%UnchangedHistory
TMQTrilogy Metals Inc.COM6$26<0.1%00.0%UnchangedHistory
SITCSITE Centers Corp.COM4$26<0.1%00.0%UnchangedHistory
AKO.BAndina Bottling Co IncSPON ADR B1$28<0.1%00.0%UnchangedHistory
CGCCanopy Growth CorpCOM NEW35$40<0.1%00.0%UnchangedHistory
DAICCID Holdco, Inc.COM90$40<0.1%00.0%UnchangedHistory
IEPIcahn Enterprises L.P.DEPOSITARY UNIT6$45<0.1%00.0%UnchangedHistory
EHTHeHealth, Inc.COM10$46<0.1%00.0%UnchangedHistory
CHGGChegg, IncCOM52$48<0.1%−151−74.4%ReducedHistory
NNVCNanoviricides, Inc.COM43$49<0.1%00.0%UnchangedHistory
TRVITrevi Therapeutics, Inc.COM4$50<0.1%00.0%UnchangedHistory
SEGSeaport Entertainment Group Inc.COMMON STOCK3$59<0.1%00.0%UnchangedHistory
WRNWestern Copper & Gold CorpStock25$67<0.1%00.0%UnchangedHistory
OPENZOpendoor Technologies Inc.*W EXP 11/20/202183$73<0.1%+183NewHistory
BLNKBlink Charging Co.COM115$77<0.1%+115NewHistory
SCLXScilex Holding CoCOM NEW7$85<0.1%−50−87.7%ReducedHistory
UDMYUdemy, Inc.COM15$88<0.1%00.0%UnchangedHistory
BFRIWBiofrontera Inc.*W EXP 10/27/2021,000$90<0.1%00.0%UnchangedHistory
SNOASonoma Pharmaceuticals, Inc.COM25$91<0.1%00.0%UnchangedHistory
OPENLOpendoor Technologies Inc.*W EXP 11/20/202183$95<0.1%+183NewHistory
FTHMFathom Holdings Inc.COM102$103<0.1%00.0%UnchangedHistory
Brookfield Business PartnersG16234109UNIT LTD L P3$106<0.1%00.0%Unchanged–
PYXSPyxis Oncology, Inc.COMMON STOCK94$108<0.1%+94NewHistory
Direxion Shares ETF Trust25460G609DAI ENE BUL ETF2$112<0.1%00.0%Unchanged–
PSIXPower Solutions International, Inc.Stock2$114<0.1%00.0%UnchangedHistory
CLNNClene Inc.COM NEW20$117<0.1%00.0%UnchangedHistory
VELVelocity Financial, Inc.COM6$125<0.1%00.0%UnchangedHistory
DOUGDouglas Elliman Inc.COM54$128<0.1%00.0%UnchangedHistory
AHTAshford Hospitality Trust IncCOM NEW30$128<0.1%+30NewHistory
REPXRiley Exploration Permian, Inc.COM5$132<0.1%+5NewHistory
KELYAKelly Services IncCL A15$132<0.1%−526−97.2%ReducedHistory
PFXPhenixFIN CorpCOM3$133<0.1%+3NewHistory
DMRCDigimarc CorpCOM22$144<0.1%00.0%UnchangedHistory
INMDInMode Ltd.SHS10$147<0.1%00.0%UnchangedHistory
GRNTGranite Ridge Resources, Inc.COM32$150<0.1%00.0%UnchangedHistory
WESTWestrock Coffee CoCOM37$151<0.1%+37NewHistory
BIRDSmartbird, Inc.CL A NEW40$164<0.1%00.0%UnchangedHistory
Origin Materials, Inc.68622D114*W EXP 06/24/20235,000$165<0.1%00.0%Unchanged–
MVISMicrovision, Inc.COM NEW200$166<0.1%00.0%UnchangedHistory
OPENWOpendoor Technologies Inc.*W EXP 11/20/202185$167<0.1%+185NewHistory
SILASila Realty Trust, Inc.COMMON STOCK8$186<0.1%−83−91.2%ReducedHistory
NEXNNexxen International Ltd.SHS NEW29$190<0.1%00.0%UnchangedHistory
CLOVClover Health Investments, Corp.COM CL A82$193<0.1%00.0%UnchangedHistory
BLDPBallard Power Systems Inc.COM77$196<0.1%00.0%UnchangedHistory
VGZVista Gold CorpCOM NEW100$197<0.1%00.0%UnchangedHistory
BAKBraskem SASP ADR PFD A68$201<0.1%+68NewHistory
AEHRAehr Test SystemsCOM10$202<0.1%+10NewHistory
DLTHDuluth Holdings Inc.COM CL B100$208<0.1%00.0%UnchangedHistory
WBTNWEBTOON Entertainment Inc.COM16$208<0.1%+16NewHistory
CTEVClaritev CorpCL A NEW5$214<0.1%00.0%UnchangedHistory
AOUTAmerican Outdoor Brands, Inc.COM28$216<0.1%00.0%UnchangedHistory
AB Active ETFs Inc00039J830SHOR DU YIEL ETF6$216<0.1%00.0%Unchanged–
EVEREverQuote, Inc.COM CL A8$216<0.1%00.0%UnchangedHistory
LILAKLiberty Latin America Ltd.COM CL C29$217<0.1%00.0%UnchangedHistory
TCBXThird Coast Bancshares, Inc.COM6$228<0.1%00.0%UnchangedHistory
BURBurford Capital LtdORD SHS27$241<0.1%−162−85.7%ReducedHistory
PACKRanpak Holdings Corp.COM CL A45$243<0.1%+45NewHistory
BANDBandwidth Inc.COM CL A16$247<0.1%00.0%UnchangedHistory
FUBOFuboTV Inc.COM100$252<0.1%−4,650−97.9%ReducedHistory
VMOInvesco Municipal Opportunity TrustCOM28$268<0.1%+28NewHistory
FPHFive Point Holdings, LLCCOM CL A49$274<0.1%+49NewHistory
MTUSMetallus Inc.COM17$292<0.1%00.0%UnchangedHistory
LABStandard Biotools Inc.COM229$293<0.1%00.0%UnchangedHistory
NRDSNerdwallet, Inc.COM CL A23$312<0.1%00.0%UnchangedHistory
RZLTRezolute, Inc.COM NEW132$312<0.1%−196−59.8%ReducedHistory
SYRESpyre Therapeutics, Inc.COM NEW10$328<0.1%00.0%UnchangedHistory
FLYFirefly Aerospace Inc.COM15$336<0.1%00.0%UnchangedHistory
EVHEvolent Health, Inc.CL A85$340<0.1%−829−90.7%ReducedHistory
ONLOrion Properties Inc.REIT152$344<0.1%00.0%UnchangedHistory
iShares Tr46436E494BBB RATED CORP4$348<0.1%+4New–
Osisko Development Corp68828E809COM NEW100$349<0.1%00.0%Unchanged–
SPROSpero Therapeutics, Inc.COM151$352<0.1%00.0%UnchangedHistory
VSTMVerastem, Inc.COM NEW46$355<0.1%+46NewHistory
Pacer FDS Tr69374H766INDUSTRIAL RELET10$367<0.1%+10New–
BBWBuild-A-Bear Workshop IncCOM6$368<0.1%00.0%UnchangedHistory
State Street SPDR Portfolio Long Term Corporate Bond ETF78464A367ETF17$384<0.1%+17New–
IBTAIbotta, Inc.CLASS A COM SHS17$386<0.1%−204−92.3%ReducedHistory
SoFi Select 500 ETF886364173ETF3$396<0.1%+3New–
URGNUroGen Pharma Ltd.COM17$398<0.1%+17NewHistory
Chesapeake Energy Corp165167180*W EXP 03/01/2024$399<0.1%00.0%Unchanged–
TXMDTherapeuticsMD, Inc.COM NEW246$401<0.1%00.0%UnchangedHistory
SPDR Index Shs FDS78463X152ST STR SP N AM6$407<0.1%00.0%Unchanged–
Cenovus Energy Inc.15135U117*W EXP 01/01/20233$407<0.1%00.0%Unchanged–
CHPTChargePoint Holdings, Inc.Stock62$412<0.1%−50−44.6%ReducedHistory
SKYTSkyWater Technology, LLCCOM23$418<0.1%00.0%UnchangedHistory
CBATCBAK Energy Technology LtdCOM500$418<0.1%+500NewHistory

Options (15)

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 2025
SecurityClassPutsCalls
AAPLApple Inc.Stock$92.4K–
Invesco Exchange Traded FD T46137V357S&P500 EQL WGT$54.9K–
NVDANVIDIA CorpStock–$50.9K
ADPAutomatic Data Processing IncStock$40.1K–
SPYSPDR S&P 500 ETF TrustETF$26.8K–
LLYEli Lilly & CoStock$6.60K–
PPLTabrdn Platinum ETF TrustPHYSCL PLATM SHS–$3.29K
Direxion Shs ETF Tr25490K596DALY HOM B&S BUL–$2.52K
MMM3M CoStock$1.91K–
BOXBox IncCL A$1.00K–
EMREmerson Electric CoStock$441–
MSFTMicrosoft CorpStock$403–
iShares MSCI Eafe ETF464287465ETF$130–
iShares Tr464287234MSCI EMG MKT ETF$124–
JNJJohnson & JohnsonStock$8–

Sold out since Q3 2025 (206)

Positions held at the end of Q3 2025 that are gone from this filing.

The largest 100 of 206 by value last quarter.

Positions of US Bancorp sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
iShares Ibonds Dec 2025 Term Corporate ETF46434VBD1ETF650,307$16.4M<0.1%–
iShares Tr46435U432IBONDS DEC 25498,969$13.4M<0.1%–
ULUnilever PLCSPON ADR NEW153,258$9.09M<0.1%History
KKellanovaStock43,979$3.61M<0.1%History
Ea Series Trust02072L565ALPHA ARCH 1-317,769$2.02M<0.1%–
ALEAllete IncCOM NEW25,347$1.68M<0.1%History
WNSWNS (Holdings) LtdCOM SHS16,776$1.28M<0.1%History
J P Morgan Exchange Traded F46654Q716ACTIVE BOND ETF16,925$916.7K<0.1%–
IPGInterpublic Group of Companies, Inc.COM30,396$848.3K<0.1%History
VRNAVerona Pharma plcSPONSORED ADS6,762$721.6K<0.1%History
COOPMaverick Merger Sub 2, LLCCOM2,284$481.4K<0.1%History
Vanguard Instl Index FD9220408450 3 MO TR BI ETF5,834$441.1K<0.1%–
Invesco Exch TRD SLF Idx FD46138J825BULSHS 2025 CB21,012$434.7K<0.1%–
MRUSMerus N.V.COM3,993$375.9K<0.1%History
First Tr Exchange-Traded FD33733A201DOW 30 EQL WGT8,428$336.6K<0.1%–
GHIGreystone Housing Impact Investors LPBEN UNIT CTF30,294$312.0K<0.1%History
SPRSpirit AeroSystems Holdings, Inc.COM CL A6,133$236.7K<0.1%History
NCANuveen California Municipal Value FundCOM STK25,867$230.2K<0.1%History
iShares Tr46436E33820+ YEAR TR BD8,684$203.0K<0.1%–
Copel-ADR20441B605ADR19,189$188.1K<0.1%–
Aris Water Solutions, Inc.04041L106CLASS A COM7,321$180.5K<0.1%–
AKROAkero Therapeutics, Inc.COM3,664$174.0K<0.1%History
AAAUGoldman Sachs Physical Gold ETFUNIT4,139$157.8K<0.1%History
OBDCBlue Owl Capital CorpCOM11,310$144.4K<0.1%History
Nuveen Calif Select Tax Free67063R103SH BEN INT11,034$143.2K<0.1%–
ENXEaton Vance New York Municipal Bond FundCOM14,294$140.9K<0.1%History
MXCTMaxcyte, Inc.COM86,700$137.0K<0.1%History
Dimensional ETF Trust25434V872CORE FIXE IN ETF2,889$123.5K<0.1%–
Tidal ETF Tr88634T824II YIELDMAX COIN OP13,499$92.9K<0.1%–
LNWOLight & Wonder, Inc.COM1,081$90.7K<0.1%History
INFAInformatica Inc.COM CL A3,521$87.5K<0.1%History
Yieldmax MSTR Option Income Strategy ETF88634T493ETF5,894$82.3K<0.1%–
American Centy ETF Tr025072562AVANTIS CORE FI1,954$82.2K<0.1%–
HTDJohn Hancock Tax-Advantaged Dividend Income FundCOM3,201$79.4K<0.1%History
HBIHanesbrands Inc.COM11,783$77.7K<0.1%History
HPSJohn Hancock Preferred Income Fund IIICOM4,396$67.9K<0.1%History
Vanguard Scottsdale FDS92206C573TOTAL CORP BND843$66.1K<0.1%–
PGREParamount Group, Inc.COM9,306$60.9K<0.1%History
WIWWestern Asset Inflation-Linked Opportunities & Income FundCEF6,746$60.0K<0.1%History
MSDLMorgan Stanley Direct Lending FundCOM SHS3,707$59.6K<0.1%History
Tidal Tr II88636J444YIELDMAX TSLA OP5,881$55.5K<0.1%–
NBHNeuberger Municipal Fund Inc.COM4,803$49.6K<0.1%History
WisdomTree Tr97717X511YIELD ENHANCD US1,114$49.3K<0.1%–
Invesco Exch Traded FD Tr II46138E206CALIF AMT MUN2,055$49.2K<0.1%–
NMFCNew Mountain Finance CorpCOM5,000$48.2K<0.1%History
PINCPremier, Inc.CL A1,724$47.9K<0.1%History
GDVGabelli Dividend & Income TrustCOM1,603$43.5K<0.1%History
JANXJanux Therapeutics, Inc.COM1,774$43.4K<0.1%History
ETWEaton Vance Tax-Managed Global Buy-Write Opportunities FundCOM4,500$40.7K<0.1%History
Invesco Exch TRD SLF Idx FD46138J742RAFI STRATGIC US737$40.7K<0.1%–
Capital Grp Fixed Incm ETF T14020Y102CORE PLUS INCM1,784$40.5K<0.1%–
Centrais Eletricas Brasileir15234Q108SPON ADR PFD B3,843$39.8K<0.1%–
Strategy Shares Nasdaq 7HANDL Index ETF86280R506ETF1,750$39.0K<0.1%–
Flexshares Tr33939L100MORNSTAR USMKT141$34.2K<0.1%–
Bitfarms Ltd Com09173B107Stock12,000$33.8K<0.1%–
HSIIHeidrick & Struggles International IncCOM679$33.8K<0.1%History
NMAINuveen Multi-Asset Income FundCOM2,500$32.5K<0.1%History
Principal Exchange Traded FD74255Y888SPECTRUM PFD1,600$30.6K<0.1%–
KLARKlarna Group plcStock818$30.0K<0.1%History
IAUMiShares Gold Trust MicroSHS REPSTG UN TR734$28.3K<0.1%History
First Tr Ftse Epra / Nareit33736N101COM700$27.6K<0.1%–
NEXTNextDecade CorpCOM3,890$26.4K<0.1%History
VXXBarclays Bank PLCIPATH S&P 500 SH795$26.4K<0.1%History
VTLEVital Energy, Inc.COM1,542$26.0K<0.1%History
Invesco Exchange Traded FD T46137V886DWA STAPLES228$25.1K<0.1%–
ODPODP CorpCOM895$24.9K<0.1%History
Innovator ETFs Trust45782C474US SML CP PWR B572$23.1K<0.1%–
NTSKNetskope IncCL A1,000$22.7K<0.1%History
SRDXSurmodics IncCOM748$22.4K<0.1%History
PINEAlpine Income Property Trust, Inc.COM1,565$22.2K<0.1%History
iShares U.S. ETF Trust iShares Gsci Commodity Dynamic Roll Strategy ETF46431W853ETF753$20.2K<0.1%–
WisdomTree Tr97717W547US VALUE FD220$20.0K<0.1%–
HUYAHUYA Inc.ADS REP SHS A5,972$19.9K<0.1%History
USCIUnited States Commodity Index Funds TrustCOMM IDX FND239$18.6K<0.1%History
NDLSNOODLES & CoCOM CL A29,000$18.4K<0.1%History
GSBDGoldman Sachs BDC, Inc.SHS1,625$16.5K<0.1%History
JFRNuveen Floating Rate Income FundCOM2,000$16.4K<0.1%History
Global X FDS37954Y459RUSSELL 20001,051$15.8K<0.1%–
Invesco Exch Traded FD Tr II46138E594KBW PREM YIELD978$15.6K<0.1%–
BLBDBlue Bird CorpCOM267$15.4K<0.1%History
First Tr Exchange-Traded Alp33733C108SHS ISSUED FRST175$15.3K<0.1%–
iShares Tr46436E866IBONDS 25 TRM TS650$15.2K<0.1%–
STUBStubHub Holdings, Inc.CL A826$13.9K<0.1%History
ZIMVZimVie Inc.Stock722$13.7K<0.1%History
UVXYProShares Trust IIULTRA VIX SHORT1,300$13.6K<0.1%History
VMEOVimeo, Inc.COMMON STOCK1,644$12.7K<0.1%History
First Tr Exchng Traded FD VI33744U303CONFLUENCE BDC580$11.5K<0.1%–
SMHISEACOR Marine Holdings Inc.COM1,648$10.7K<0.1%History
MTRXMatrix Service CoCOM761$9.95K<0.1%History
WisdomTree Tr97717X701EUROPE HEDGED EQ196$9.88K<0.1%–
BlackRock ETF Trust09290C848ISHARES INTL DIV335$9.38K<0.1%–
iShares Ibonds 2025 Term High Yield & Income ETF46435U168ETF400$9.29K<0.1%–
Alps ETF Tr00162Q106REIT DIVIDE DOGS252$9.20K<0.1%–
SPDR Series Trust78464A516ST INTL BBG ETF395$9.09K<0.1%–
WLKPWestlake Chemical Partners LPCOM UNIT RP LP431$9.05K<0.1%History
AMSFAmerisafe IncCOM199$8.72K<0.1%History
Invesco Exch Traded FD Tr II46138G524ALERIAN GLXY BLK265$7.81K<0.1%–
Dimensional ETF Trust25434V617WORLD EQUITY ETF108$7.76K<0.1%–
SCSSteelcase IncCL A449$7.72K<0.1%History
DHDefinitive Healthcare Corp.CLASS A COM1,892$7.68K<0.1%History