Magellan Asset Management’s US Bancorp USB Stock Holding History
Bought
Maintained
Sold
| Quarter | Market Value | Status | Shares |
Change in Stake | Trade Value | Portfolio Weight | Portfolio Position | |
|---|---|---|---|---|---|---|---|---|
|
2026
Q1 | – | Sell |
-1,048,050
| Closed | -$55.9M | – | 80 |
|
|
2025
Q4 | $55.9M | Sell |
1,048,050
-65,392
| -6% | -$3.22M | 0.68% | 37 |
|
|
2025
Q3 | $53.8M | Buy |
1,113,442
+157,104
| +16% | +$7.43M | 0.64% | 37 |
|
|
2025
Q2 | $43.3M | Buy |
956,338
+933,178
| +4,029% | +$39.2M | 0.49% | 34 |
|
|
2025
Q1 | $978K | Buy |
23,160
+21,115
| +1,033% | +$974K | 0.01% | 82 |
|
|
2024
Q4 | $97.8K | Hold |
2,045
| – | – | ﹤0.01% | 84 |
|
|
2024
Q3 | $93.5K | Sell |
2,045
-972,946
| -100% | -$42.7M | ﹤0.01% | 111 |
|
|
2024
Q2 | $38.7M | Buy |
974,991
+347,060
| +55% | +$14.2M | 0.37% | 39 |
|
|
2024
Q1 | $28.1M | Buy |
627,931
+49,835
| +9% | +$2.1M | 0.27% | 43 |
|
|
2023
Q4 | $25M | Sell |
578,096
-368,720
| -39% | -$13.5M | 0.25% | 47 |
|
|
2023
Q3 | $31.3M | Sell |
946,816
-367,374
| -28% | -$13.4M | 0.33% | 38 |
|
|
2023
Q2 | $43.4M | Sell |
1,314,190
-6,445,639
| -83% | -$208M | 0.39% | 35 |
|
|
2023
Q1 | $280M | Sell |
7,759,829
-168,192
| -2% | -$7.49M | 2.39% | 20 |
|
|
2022
Q4 | $346M | Sell |
7,928,021
-2,869,894
| -27% | -$123M | 2.96% | 15 |
|
|
2022
Q3 | $435M | Sell |
10,797,915
-2,876,205
| -21% | -$133M | 3.04% | 16 |
|
|
2022
Q2 | $629M | Buy |
13,674,120
+769,159
| +6% | +$38.4M | 3.43% | 9 |
|
|
2022
Q1 | $686M | Buy |
12,904,961
+12,757,920
| +8,676% | +$733M | 2.66% | 18 |
|
|
2021
Q4 | $8.26M | Buy |
147,041
+70,727
| +93% | +$4.18M | 0.02% | 46 |
|
|
2021
Q3 | $4.54M | Buy |
76,314
+34,406
| +82% | +$1.96M | 0.01% | 47 |
|
|
2021
Q2 | $2.39M | Buy |
41,908
+41,055
| +4,813% | +$2.41M | ﹤0.01% | 55 |
|
|
2021
Q1 | $47K | Hold |
853
| – | – | ﹤0.01% | 107 |
|
|
2020
Q4 | $40K | Sell |
853
-1,081
| -56% | -$45.7K | ﹤0.01% | 105 |
|
|
2020
Q3 | $69K | Buy |
1,934
+1,143
| +145% | +$41.8K | ﹤0.01% | 69 |
|
|
2020
Q2 | $29K | Hold |
791
| – | – | ﹤0.01% | 74 |
|
|
2020
Q1 | $27K | Buy |
+791
| New | +$38.1K | ﹤0.01% | 77 |
|
|
2015
Q1 | – | Sell |
-5,070,246
| Closed | -$228M | – | 71 |
|
|
2014
Q4 | $228M | Sell |
5,070,246
-1,013,155
| -17% | -$43.6M | 1.62% | 17 |
|
|
2014
Q3 | $254M | Sell |
6,083,401
-4,721,612
| -44% | -$199M | 2% | 17 |
|
|
2014
Q2 | $468M | Buy |
10,805,013
+272,837
| +3% | +$11.4M | 3.53% | 14 |
|
|
2014
Q1 | $451M | Sell |
10,532,176
-879,019
| -8% | -$36.1M | 3.55% | 14 |
|
|
2013
Q4 | $461M | Buy |
11,411,195
+775,841
| +7% | +$29.8M | 3.8% | 14 |
|
|
2013
Q3 | $389M | Buy |
10,635,354
+487,349
| +5% | +$18M | 4.19% | 12 |
|
|
2013
Q2 | $367M | Buy |
+10,148,005
| New | +$348M | 4.09% | 14 |
|
Other funds holding USB
VCM
MB
VPM
Magellan Asset Management's USB Position: Q1 2026 in Review
Magellan Asset Management sold out of US Bancorp (USB) in Q1 2026, closing a stake of 1,048,050 shares — an estimated $55.9M sold.
Magellan Asset Management first reported a position in USB in Q2 2013 and held it in 31 quarters. The position peaked at $686M in Q1 2022. 1,966 funds tracked by Wall St. Rank hold USB as of Q1 2026.
- Magellan Asset Management reported no remaining US Bancorp position as of Q1 2026 after selling out during the quarter.
- Magellan Asset Management sold 1,048,050 US Bancorp shares in Q1 2026, an estimated $55.9M.
- Magellan Asset Management first reported a position in US Bancorp in Q2 2013 and held it in 31 quarters.
- Magellan Asset Management's US Bancorp position peaked at $686M in Q1 2022.
- 1,966 funds tracked by Wall St. Rank held US Bancorp as of Q1 2026.
Based on Magellan Asset Management's 13F filing for Q1 2026, filed 12 May 2026.