Skip to main content
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
VEONVEON Ltd.SPONSORED ADS8$421<0.1%+3+60.0%AddedHistory
MTRMesa Royalty TrustUNIT BEN INT100$432<0.1%00.0%UnchangedHistory
CMRCCommerce.com, Inc.COM SER 1106$437<0.1%−509−82.8%ReducedHistory
BTLNBrightline Interactive, Inc.COM472$437<0.1%00.0%UnchangedHistory
PPTAPerpetua Resources Corp.COM20$484<0.1%00.0%UnchangedHistory
STRZStarz Entertainment CorpCOM42$491<0.1%00.0%UnchangedHistory
OLPXOlaplex Holdings, Inc.COM385$516<0.1%00.0%UnchangedHistory
SVCService Properties TrustCOM SH BEN INT281$517<0.1%00.0%UnchangedHistory
IAFAbrdn Australia Equity Fund, Inc.COM40$517<0.1%−1−1.6%ReducedConverted for a 1-for-3 splitHistory
GEF.BGreif, IncCL B7$523<0.1%00.0%UnchangedHistory
EYPTEyePoint, Inc.COM NEW29$530<0.1%00.0%UnchangedHistory
PSTLPostal Realty Trust, Inc.CL A33$533<0.1%−3−8.3%ReducedHistory
ALNTAllient IncCOM10$538<0.1%−8−44.4%ReducedHistory
ZUMZZumiez IncCOM21$547<0.1%+21NewHistory
EOLSEvolus, Inc.COM84$559<0.1%+84NewHistory
PACBPacific Biosciences of California, Inc.COM303$567<0.1%00.0%UnchangedHistory
NGSNatural Gas Services Group IncCOM17$572<0.1%+4+30.8%AddedHistory
WisdomTree Tr97717W869EUROPE SMCP DV8$575<0.1%00.0%Unchanged–
RPAYRepay Holdings CorpCOM CL A160$584<0.1%−242−60.2%ReducedHistory
LQDALiquidia CorpCOM NEW17$586<0.1%−87−83.7%ReducedHistory
VanEck ETF Trust92189H300JP MRGAN EM LOC23$594<0.1%+23New–
AMJBJPMorgan Chase & CoCAL LKD 44 ADDED20$598<0.1%+20NewHistory
LONALeonaBio, Inc.COM81$613<0.1%00.0%UnchangedHistory
ETDEthan Allen Interiors IncCOM27$617<0.1%+27NewHistory
AMCAMC Entertainment Holdings, Inc.CL A NEW402$627<0.1%+193+92.3%AddedHistory
OSGOctave Specialty Group IncCOM NEW81$630<0.1%−674−89.3%ReducedHistory
OPKOpko Health, Inc.COM500$630<0.1%−600−54.5%ReducedHistory
GAINGladstone Investment CorporationdeCEF46$643<0.1%+46NewHistory
HVTHaverty Furniture Companies IncCOM28$654<0.1%+28NewHistory
SFLSFL Corp Ltd.SHS84$656<0.1%00.0%UnchangedHistory
TDAYUSA TODAY Co., Inc.COM129$664<0.1%+129NewHistory
Global X FDS37954Y848GLOBAL X SILVER8$668<0.1%+8New–
PFISPeoples Financial Services Corp.COM14$682<0.1%+14NewHistory
Morgan Stanley Pathway FDS61769L841SMALL MID CAP EQ14$708<0.1%+14New–
WOLFWolfspeed, Inc.COMMON STOCK41$714<0.1%+37+925.0%AddedHistory
DBAInvesco DB Agriculture FundAGRICULTURE FD28$715<0.1%−50−64.1%ReducedHistory
SSYSStratasys Ltd.SHS83$720<0.1%00.0%UnchangedHistory
SABRSabre CorpCOM545$741<0.1%00.0%UnchangedHistory
TREELendingTree, Inc.COM14$743<0.1%00.0%UnchangedHistory
BFLYButterfly Network, Inc.COM CL A197$749<0.1%+197NewHistory
EVOEvotec SESPONSORED ADS250$770<0.1%00.0%UnchangedHistory
TECXTectonic Therapeutic, Inc.COM37$772<0.1%00.0%UnchangedHistory
PGYPagaya Technologies Ltd.CL A NEW37$773<0.1%+37NewHistory
SHENShenandoah Telecommunications CoCOM67$775<0.1%−5,434−98.8%ReducedHistory
AIVApartment Investment & Management CoCL A131$778<0.1%−280−68.1%ReducedHistory
NOAHNoah Holdings LtdSPON ADS80$803<0.1%00.0%UnchangedHistory
RMRRMR Group Inc.CL A54$805<0.1%+54NewHistory
TLSTelos CorpCOM159$811<0.1%+159NewHistory
VOXRVox Royalty Corp.COM175$830<0.1%+175NewHistory
GUTGabelli Utility TrustCOM138$832<0.1%00.0%UnchangedHistory
SGHCSuper Group (SGHC) LtdORD SHS70$837<0.1%+70NewHistory
GRXGabelli Healthcare & WellnessRx TrustSHS87$838<0.1%00.0%UnchangedHistory
CMBTCmb.tech NVSHS87$840<0.1%00.0%UnchangedHistory
SFIXStitch Fix, Inc.Stock161$845<0.1%−777−82.8%ReducedHistory
CNDTCONDUENT IncCOM441$847<0.1%−3,882−89.8%ReducedHistory
ALCOAlico, Inc.COM24$873<0.1%+24NewHistory
SIGASiga Technologies IncCOM144$880<0.1%−169−54.0%ReducedHistory
PDFSPDF Solutions IncCOM31$884<0.1%+31NewHistory
BBNXBeta Bionics, Inc.COM29$884<0.1%+29NewHistory
SPDR Index Shs FDS78463X855S&P GBLINF ETF13$907<0.1%+13New–
ETONEton Pharmaceuticals, Inc.COM54$913<0.1%+54NewHistory
JSPRJasper Therapeutics, Inc.COM NEW500$915<0.1%00.0%UnchangedHistory
ATXSAstria Therapeutics, Inc.COM70$916<0.1%+70NewHistory
BNTBrookfield Wealth Solutions Ltd.CL A EXCHANGEAB20$919<0.1%+20NewHistory
TBLATaboola.com Ltd.ORD SHS200$922<0.1%00.0%UnchangedHistory
CRMLCritical Metals Corp.PUBCO ORD SHS134$930<0.1%+134NewHistory
AUDCAudiocodes LtdORD107$934<0.1%00.0%UnchangedHistory
ROOTRoot, Inc.CL A NEW13$939<0.1%−22−62.9%ReducedHistory
NAGENiagen Bioscience, Inc.COM NEW148$941<0.1%−36−19.6%ReducedHistory
LAWCS Disco, Inc.COM122$947<0.1%+122NewHistory
CVLGCovenant Logistics Group, Inc.CL A43$948<0.1%−82−65.6%ReducedHistory
DSPViant Technology Inc.COM CL A79$951<0.1%00.0%UnchangedHistory
SRTAStrata Critical Medical, Inc.CL A COM202$972<0.1%+202NewHistory
TCMDTactile Systems Technology IncCOM34$986<0.1%+34NewHistory
GameStop Corp Class36467W117*W EXP 10/30/202331$996<0.1%+331New–
STEMStem, Inc.COM NEW67$1.01K<0.1%00.0%UnchangedHistory
CRMDCorMedix Inc.COM87$1.01K<0.1%+87NewHistory
EHEHang Holdings LtdADS77$1.01K<0.1%00.0%UnchangedHistory
TALKTalkspace, Inc.COM281$1.02K<0.1%+281NewHistory
GOLDGold.com, Inc.COM30$1.02K<0.1%+17+130.8%AddedHistory
XRXXerox Holdings CorpCOM NEW436$1.03K<0.1%−10,988−96.2%ReducedHistory
LINCLincoln Educational Services CorpCOM43$1.04K<0.1%+43NewHistory
Invesco Exch Traded FD Tr II46138E230S&P INTL LOW31$1.05K<0.1%00.0%Unchanged–
SGHTSight Sciences, Inc.COM133$1.05K<0.1%+133NewHistory
ORGNOrigin Materials, Inc.COM5,000$1.06K<0.1%00.0%UnchangedHistory
SWIMLatham Group, Inc.COM167$1.06K<0.1%00.0%UnchangedHistory
DDD3D Systems CorpCOM NEW600$1.06K<0.1%00.0%UnchangedHistory
LELands' End, Inc.COM75$1.09K<0.1%+75NewHistory
NATRNatures Sunshine Products IncCOM51$1.10K<0.1%+51NewHistory
TNKTeekay Tankers Ltd.CL A21$1.12K<0.1%00.0%UnchangedHistory
Advisorshares Tr00768Y495PURE CANNABIS340$1.12K<0.1%00.0%Unchanged–
NEWTNewtekOne, Inc.COM NEW101$1.15K<0.1%+72+248.3%AddedHistory
INDVIndivior Pharmaceuticals, Inc.ORD32$1.15K<0.1%00.0%UnchangedHistory
QNSTQuinstreet, IncCOM81$1.16K<0.1%00.0%UnchangedHistory
Goldman Sachs ETF Tr381430404ACTIVEBETA JAP25$1.17K<0.1%00.0%Unchanged–
AURAAura Biosciences, Inc.COM218$1.19K<0.1%00.0%UnchangedHistory
PBYIPuma Biotechnology, Inc.COM200$1.19K<0.1%00.0%UnchangedHistory
FRGEForge Global Holdings, Inc.Stock27$1.20K<0.1%−220,944−100.0%ReducedHistory
RBB FD Inc74933W635MOTLEY FOOL GBL40$1.21K<0.1%00.0%Unchanged–
SHBIShore Bancshares IncCOM69$1.22K<0.1%+54+360.0%AddedHistory

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