Advisory Research’s US Bancorp USB Stock Holding History

Advisory Research’s Portfolio USB Stock Details USB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-5,396	Closed	-$234K	–	321
2015 Q2	$234K	Sell	5,396 -268,824	-98%	-$11.8M	﹤0.01%	308
2015 Q1	$12M	Sell	274,220 -53,869	-16%	-$2.36M	0.13%	144
2014 Q4	$14.7M	Sell	328,089 -33,459	-9%	-$1.44M	0.15%	131
2014 Q3	$15.1M	Sell	361,548 -20,720	-5%	-$875K	0.15%	132
2014 Q2	$16.6M	Sell	382,268 -8,866	-2%	-$370K	0.15%	134
2014 Q1	$16.8M	Sell	391,134 -156,264	-29%	-$6.42M	0.17%	132
2013 Q4	$22.1M	Buy	547,398 +8,018	+1%	+$308K	0.23%	109
2013 Q3	$19.7M	Buy	539,380 +5,600	+1%	+$207K	0.21%	120
2013 Q2	$19.3M	Buy	+533,780	New	+$18.3M	0.22%	119

Other funds holding USB

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

BBHC

Brown Brothers Harriman & Co New York $22.8B AUM 25.09% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Advisory Research's USB Position: Q3 2015 in Review

Advisory Research sold out of US Bancorp (USB) in Q3 2015, closing a stake of 5,396 shares — an estimated $234K sold.

Advisory Research first reported a position in USB in Q2 2013 and held it in 9 quarters. The position peaked at $22.1M in Q4 2013. 1,166 funds tracked by Wall St. Rank hold USB as of Q3 2015.

Advisory Research reported no remaining US Bancorp position as of Q3 2015 after selling out during the quarter.
Advisory Research sold 5,396 US Bancorp shares in Q3 2015, an estimated $234K.
Advisory Research first reported a position in US Bancorp in Q2 2013 and held it in 9 quarters.
Advisory Research's US Bancorp position peaked at $22.1M in Q4 2013.
1,166 funds tracked by Wall St. Rank held US Bancorp as of Q3 2015.

Based on Advisory Research's 13F filing for Q3 2015, filed 13 Nov 2015.