Bedell Frazier Investment Counselling’s U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul USB.PRM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-140,850	Closed	-$3.7M	–	67
2013 Q4	$3.7M	Sell	140,850 -1,050	-0.7%	-$27.6K	1.74%	26
2013 Q3	$3.69M	Buy	141,900 +7,900	+6%	+$205K	1.77%	25
2013 Q2	$3.62M	Buy	+134,000	New	+$3.62M	1.8%	23