Ruffer LLP’s US Bancorp USB Stock Holding History

Ruffer LLP’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
2023 Q3	–	Sell	-9,000	Closed	-$297K	–	74
2023 Q2	$297K	Sell	9,000 -10,000	-53%	-$323K	0.02%	67
2023 Q1	$684K	Hold	19,000	–	–	0.02%	78
2022 Q4	$831K	Sell	19,000 -300	-2%	-$12.8K	0.06%	74
2022 Q3	$793K	Sell	19,300 -700	-4%	-$32.4K	0.05%	76
2022 Q2	$921K	Hold	20,000	–	–	0.04%	76
2022 Q1	$1.06M	Hold	20,000	–	–	0.02%	82
2021 Q4	$1.15M	Hold	20,000	–	–	0.03%	71
2021 Q3	$1.21M	Hold	20,000	–	–	0.04%	57
2021 Q2	$1.14M	Sell	20,000 -13,670	-41%	-$802K	0.03%	65
2021 Q1	$1.86M	Buy	33,670 +10,670	+46%	+$533K	0.06%	49
2020 Q4	$1.07M	Hold	23,000	–	–	0.04%	59
2020 Q3	$824K	Buy	23,000 +10,000	+77%	+$366K	0.04%	59
2020 Q2	$505K	Sell	13,000 -28,000	-68%	-$998K	0.02%	75
2020 Q1	$1.41M	Buy	41,000 +24,000	+141%	+$1.16M	0.06%	49
2019 Q4	$1.01M	Hold	17,000	–	–	0.03%	55
2019 Q3	$941K	Sell	17,000 -598,230	-97%	-$32.3M	0.03%	63
2019 Q2	$32.2M	Buy	615,230 +594,755	+2,905%	+$30.6M	0.75%	22
2019 Q1	$986K	Sell	20,475 -11,000	-35%	-$552K	0.03%	56
2018 Q4	$1.44M	Sell	31,475 -748	-2%	-$38.5K	0.05%	57
2018 Q3	$1.7M	Sell	32,223 -5,900	-15%	-$313K	0.06%	43
2018 Q2	$1.91M	Sell	38,123 -1,238	-3%	-$62.8K	0.07%	41
2018 Q1	$1.95M	Sell	39,361 -2,288,380	-98%	-$125M	0.1%	34
2017 Q4	$125M	Buy	2,327,741 +354,337	+18%	+$19.1M	5.07%	7
2017 Q3	$106M	Buy	1,973,404 +1,549,759	+366%	+$81.1M	4.55%	10
2017 Q2	$22M	Buy	423,645 +383,405	+953%	+$19.7M	1.06%	20
2017 Q1	$2.06M	Sell	40,240 -25,000	-38%	-$1.33M	0.12%	37
2016 Q4	$3.37M	Buy	65,240 +100	+0.2%	+$4.75K	0.2%	32
2016 Q3	$2.77M	Sell	65,140 -197,281	-75%	-$8.38M	0.17%	34
2016 Q2	$10.6M	Sell	262,421 -3,160	-1%	-$132K	0.48%	21
2016 Q1	$10.8M	Buy	265,581 +48,460	+22%	+$1.93M	0.45%	21
2015 Q4	$9.26M	Sell	217,121 -9,000	-4%	-$385K	0.41%	22
2015 Q3	$9.27M	Buy	226,121 +23,050	+11%	+$998K	0.4%	24
2015 Q2	$8.81M	Sell	203,071 -13,915	-6%	-$608K	0.38%	24
2015 Q1	$9.48M	Buy	216,986 +38,354	+21%	+$1.68M	0.41%	26
2014 Q4	$8.03M	Sell	178,632 -2,048	-1%	-$88.1K	0.26%	29
2014 Q3	$7.56M	Sell	180,680 -50	-0%	-$2.11K	0.27%	27
2014 Q2	$7.81M	Buy	180,730 +155,730	+623%	+$6.5M	0.25%	28
2014 Q1	$1.07M	Hold	25,000	–	–	0.03%	68
2013 Q4	$1.01M	Hold	25,000	–	–	0.04%	63
2013 Q3	$915K	Hold	25,000	–	–	0.04%	67
2013 Q2	$904K	Buy	+25,000	New	+$858K	0.05%	61

Other funds holding USB

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

MUFG Bank Tokyo 100-8388,, Japan $3.04B AUM 15.55% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Ruffer LLP's USB Position: Q3 2023 in Review

Ruffer LLP sold out of US Bancorp (USB) in Q3 2023, closing a stake of 9,000 shares — an estimated $297K sold.

Ruffer LLP first reported a position in USB in Q2 2013 and held it in 41 quarters. The position peaked at $125M in Q4 2017. 1,567 funds tracked by Wall St. Rank hold USB as of Q3 2023.

Ruffer LLP reported no remaining US Bancorp position as of Q3 2023 after selling out during the quarter.
Ruffer LLP sold 9,000 US Bancorp shares in Q3 2023, an estimated $297K.
Ruffer LLP first reported a position in US Bancorp in Q2 2013 and held it in 41 quarters.
Ruffer LLP's US Bancorp position peaked at $125M in Q4 2017.
1,567 funds tracked by Wall St. Rank held US Bancorp as of Q3 2023.

Based on Ruffer LLP's 13F filing for Q3 2023, filed 13 Nov 2023.