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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
First Tr Exchange-Traded FD33738D101NO AMER ENERGY616$23.3K<0.1%+144+30.5%Added–
TDWTidewater IncCOM463$23.4K<0.1%+15+3.3%AddedHistory
MMLPMartin Midstream Partners L.P.UNIT L P INT9,000$23.5K<0.1%+9,000NewHistory
FETForum Energy Technologies, Inc.COM636$23.5K<0.1%+636NewHistory
Bondbloxx ETF Trust09789C812BLOOMBERG TEN YR509$23.5K<0.1%00.0%Unchanged–
DINDine Brands Global, Inc.COM732$23.5K<0.1%−8−1.1%ReducedHistory
DFINDonnelley Financial Solutions, Inc.COM504$23.5K<0.1%−141−21.9%ReducedHistory
EXGEaton Vance Tax-Managed Global Diversified Equity Income FundCOM2,470$23.5K<0.1%00.0%UnchangedHistory
DHILDiamond Hill Investment Group IncCOM NEW139$23.6K<0.1%−11−7.3%ReducedHistory
Innovator ETFs Trust45782C276GRWT100 PWR BUF325$23.6K<0.1%00.0%Unchanged–
CORTCorcept Therapeutics IncCOM682$23.7K<0.1%−104−13.2%ReducedHistory
Russell Invts Exchange Trade78249U308GLOBA EQUIT ETF800$23.8K<0.1%+800New–
AEFabrdn Emerging Markets ex-China Fund, Inc.COM3,395$23.8K<0.1%00.0%UnchangedHistory
Innovator ETFs Trust45782C466GRWT100 PWR BF433$23.8K<0.1%00.0%Unchanged–
NSITInsight Enterprises IncCOM292$23.8K<0.1%−80−21.5%ReducedHistory
ARIApollo Commercial Real Estate Finance, Inc.COM2,469$23.9K<0.1%+87+3.7%AddedHistory
GNKGenco Shipping & Trading LtdSHS1,301$24.0K<0.1%00.0%UnchangedHistory
DAVEDave Inc.CLASS A COM NEW109$24.1K<0.1%−1,426−92.9%ReducedHistory
AMLXAmylyx Pharmaceuticals, Inc.COM2,000$24.2K<0.1%−2,000−50.0%ReducedHistory
CLDTChatham Lodging TrustCOM3,560$24.2K<0.1%+3,173+819.9%AddedHistory
GNLGlobal Net Lease, Inc.COM NEW2,822$24.3K<0.1%00.0%UnchangedHistory
WisdomTree Tr97717W760INTL SMCAP DIV300$24.3K<0.1%00.0%Unchanged–
PLUGPlug Power IncStock12,366$24.4K<0.1%+2,295+22.8%AddedHistory
UTMDUtah Medical Products IncCOM436$24.4K<0.1%+22+5.3%AddedHistory
MXFMexico Fund IncCOM1,218$24.5K<0.1%00.0%UnchangedHistory
CRCCalifornia Resources CorpCOM STOCK549$24.5K<0.1%−7−1.3%ReducedHistory
NVCRNovoCure LtdORD SHS1,910$24.7K<0.1%−1,018−34.8%ReducedHistory
BBSIBarrett Business Services IncCOM683$24.7K<0.1%−788−53.6%ReducedHistory
RAREUltragenyx Pharmaceutical Inc.COM1,080$24.8K<0.1%−215−16.6%ReducedHistory
Etfis Ser Tr I26923G400INFRACP REIT PFD1,380$24.9K<0.1%00.0%Unchanged–
iShares Tr46436E460IBONDS DEC 20311,220$25.0K<0.1%+1,220New–
UAMYUnited States Antimony CorpCOM5,000$25.1K<0.1%−5,000−50.0%ReducedHistory
CGONCG Oncology, Inc.COM607$25.2K<0.1%00.0%UnchangedHistory
STBAS&T Bancorp IncCOM641$25.2K<0.1%00.0%UnchangedHistory
Ssga Active ETF Tr78467V400GLOBL ALLO ETF511$25.3K<0.1%+511New–
SCSCScansource, Inc.COM647$25.3K<0.1%−81−11.1%ReducedHistory
YORWYork Water CoCOM799$25.4K<0.1%+443+124.4%AddedHistory
NTCTNetscout Systems IncCOM943$25.5K<0.1%−45−4.6%ReducedHistory
CSRCenterspaceCOM384$25.6K<0.1%+112+41.2%AddedHistory
BEPBrookfield Renewable Partners L.P.PARTNERSHIP UNIT950$25.6K<0.1%00.0%UnchangedHistory
TENBTenable Holdings, Inc.COM1,091$25.7K<0.1%−80−6.8%ReducedHistory
GEOGeo Group IncCOM1,596$25.7K<0.1%+421+35.8%AddedHistory
BRCBrady CorpCL A329$25.8K<0.1%−5−1.5%ReducedHistory
AVNSAvanos Medical, Inc.Stock2,297$25.8K<0.1%−2,317−50.2%ReducedHistory
MSEXMiddlesex Water CoCOM513$25.9K<0.1%−312−37.8%ReducedHistory
GDLCGrayscale CoinDesk Crypto 5 ETFUSD SHS626$25.9K<0.1%00.0%UnchangedHistory
ESTAEstablishment Labs Holdings Inc.COM357$26.0K<0.1%+9+2.6%AddedHistory
SHLSShoals Technologies Group, Inc.CL A3,067$26.1K<0.1%+2,592+545.7%AddedHistory
NICNicolet Bankshares IncCOM215$26.1K<0.1%00.0%UnchangedHistory
APGEApogee Therapeutics, Inc.COM346$26.1K<0.1%−54−13.5%ReducedHistory
CLFDClearfield, Inc.COM896$26.1K<0.1%+19+2.2%AddedHistory
Simplify Exchange Traded Fun82889N855SIMPLIFY INTERST545$26.1K<0.1%+400+275.9%Added–
Invesco Exch Traded FD Tr II46138G631NASDAQNXTGEN100710$26.2K<0.1%+10+1.4%Added–
RUMRUM Group Inc.Stock4,153$26.2K<0.1%+88+2.2%AddedHistory
INVXInnovex International, Inc.COM1,203$26.3K<0.1%+80+7.1%AddedHistory
Fidelity Covington Trust31609A107ENHANCED LARGE761$26.4K<0.1%−1,852−70.9%Reduced–
TIGOMillicom International Cellular SACOM STK476$26.4K<0.1%+70+17.2%AddedHistory
TYGTortoise Energy Infrastructure CorpCOM647$26.5K<0.1%+647NewHistory
QQQXNuveen NASDAQ 100 Dynamic Overwrite FundCOM SHS930$26.5K<0.1%−1,659−64.1%ReducedHistory
First Tr Exchange-Traded FD33734X838INDXX NAT RE ETF1,694$26.5K<0.1%−64,232−97.4%Reduced–
Invesco Exch Traded FD Tr II46138G862FLOAT RATE ETF1,067$26.6K<0.1%00.0%Unchanged–
EBFEnnis, Inc.COM1,477$26.6K<0.1%+41+2.9%AddedHistory
YMMFull Truck Alliance Co. Ltd.SPONSORED ADS2,500$26.8K<0.1%00.0%UnchangedHistory
NXPNuveen Select Tax Free Income PortfolioSH BEN INT1,904$26.8K<0.1%+1,904NewHistory
CDNACareDx, Inc.COM1,428$26.9K<0.1%00.0%UnchangedHistory
VRMEOpenWorld, Inc.COM NEW44,822$26.9K<0.1%00.0%UnchangedHistory
TRUPTrupanion, Inc.COM721$26.9K<0.1%−101−12.3%ReducedHistory
EVGOEVgo Inc.CL A COM9,294$27.0K<0.1%−108−1.1%ReducedHistory
EBSEmergent BioSolutions Inc.COM2,192$27.1K<0.1%−155−6.6%ReducedHistory
AAPAdvance Auto Parts IncCOM692$27.2K<0.1%−24,330−97.2%ReducedHistory
GSOLGrayscale Solana Staking ETFCOM2,991$27.2K<0.1%+2,991NewHistory
RMMRiverNorth Managed Duration Municipal Income Fund, Inc.COM2,000$27.2K<0.1%+1,000+100.0%AddedHistory
ARK ETF Tr00214Q302GENOMIC REV ETF943$27.3K<0.1%−394−29.5%Reduced–
PFNPIMCO Income Strategy Fund IICOM3,648$27.4K<0.1%00.0%UnchangedHistory
CALXCalix, IncCOM517$27.4K<0.1%00.0%UnchangedHistory
AQSTAquestive Therapeutics, Inc.COM4,250$27.5K<0.1%+2,000+88.9%AddedHistory
Advisorshares Tr00768Y560ADVISORSHS ETF400$27.5K<0.1%+400New–
FCELFuelcell Energy IncCOM NEW3,763$27.5K<0.1%+3,763NewHistory
ProShares Tr74347X633ULTRA FNCLS NEW300$27.5K<0.1%00.0%Unchanged–
CNXNPC Connection IncCOM478$27.6K<0.1%−50−9.5%ReducedHistory
PCRXPacira BioSciences, Inc.COM1,076$27.8K<0.1%−67−5.9%ReducedHistory
Capital Group International14021M107SHS800$27.9K<0.1%00.0%Unchanged–
Amplify ETF Tr032108847CEF HIGH INCOME2,425$27.9K<0.1%00.0%Unchanged–
MATVMativ Holdings, Inc.COM2,298$27.9K<0.1%00.0%UnchangedHistory
Invesco Exch Traded FD Tr II46138E172S&P SMLCP STAP900$28.0K<0.1%00.0%Unchanged–
VREXVarex Imaging CorpCOM2,402$28.0K<0.1%−141−5.5%ReducedHistory
Global X FDS37954Y475S&P 500 COVERED689$28.0K<0.1%−1,256−64.6%Reduced–
XIFRXPLR Infrastructure, LPCOM UNIT PART IN2,800$28.0K<0.1%00.0%UnchangedHistory
RPDRapid7, Inc.COM1,851$28.1K<0.1%+317+20.7%AddedHistory
ECPGEncore Capital Group IncCOM518$28.2K<0.1%−8−1.5%ReducedHistory
First Tr Exchange Traded FD33738R100MULTI ASSET DI1,800$28.3K<0.1%00.0%Unchanged–
CRGYCrescent Energy CoCL A COM3,375$28.3K<0.1%+1,076+46.8%AddedHistory
Wedbush Ser Tr947913109DAN IVE REVO ETF900$28.4K<0.1%00.0%Unchanged–
J P Morgan Exchange Traded F46641Q852INTL BD OPP ETF585$28.5K<0.1%−1,626−73.5%Reduced–
Advisors Inner Circle FD III00774Q346DEMCRATIC LG ETF672$28.7K<0.1%−1,589−70.3%Reduced–
iShares Tr46435U663ESG AWARE MSCI625$28.7K<0.1%00.0%Unchanged–
LCIDLucid Group, Inc.Stock2,728$28.8K<0.1%−4,514−62.3%ReducedHistory
TUTelus CorpCOM2,194$28.9K<0.1%−100−4.4%ReducedHistory
VSATViasat IncCOM839$28.9K<0.1%−3,940−82.4%ReducedHistory
Invesco Exchange Traded FD T46137V381S&P500 EQL DIS507$28.9K<0.1%00.0%Unchanged–

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