US Bancorp Portfolio holdings

AUM $79.4B

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Return

-4.11%

1 Year Return

+14.74%

3 Year Return

+59.63%

5 Year Return

+101.04%

10 Year Return

+218.84%

AUM

$60.1B

AUM Growth

+$60.1B (-5.3%)

Cap. Flow

+$298M

Cap. Flow % of AUM

0.5%

Top 10 Holdings % Top 10 Hldgs %

31.3%

Holding

4,282

New

158

Increased

1,505

Reduced

1,580

Closed

192

Top Buys

1	Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC	$231M
2	Schwab US REIT ETF SCHH	$230M
3	Invesco S&P 500 Equal Weight ETF RSP	$218M
4	iShares Core S&P Small-Cap ETF IJR	$177M
5	iShares Core MSCI EAFE ETF IEFA	$164M

Top Sells

1	Vanguard Total Stock Market ETF VTI	$492M
2	SPDR Bloomberg Convertible Securities ETF CWB	$236M
3	Vanguard Total International Stock ETF VXUS	$151M
4	iShares Russell 1000 ETF IWB	$101M
5	iShares Core MSCI Total International Stock ETF IXUS	$61.3M

Sector Composition

1	Technology	12.64%
2	Healthcare	8.26%
3	Financials	8.19%
4	Industrials	6.53%
5	Consumer Staples	5.21%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
4251	4251 Oramed Pharmaceuticals ORMP $90.2M	–	–	-1,000	Closed	-$14K
4252	4252 Ranpak Holdings PACK $445M	–	–	-140	Closed	-$5K
4253	4253 PureCycle Technologies PCT $2.57B	–	–	-10	Closed	–
4254	4254 Virtus InfraCap US Preferred Stock ETF PFFA $1.75B	–	–	-1,150	Closed	-$29K
4255	4255 Invesco Dividend Achievers ETF PFM $723M	–	–	-116	Closed	-$5K
4256	4256 Pulse Biosciences PLSE $1.05B	–	–	-79	Closed	-$1K
4257	PLYM 4257 Plymouth Industrial REIT PLYM $980M	–	–	-68	Closed	-$2K
4258	4258 Predictive Oncology POAI $9.53M	$0	﹤0.01%	1	–	–
4259	4259 CarParts.com PRTS $45.3M	–	–	-120	Closed	-$1K
4260	4260 Invesco Global Listed Private Equity ETF PSP $332M	–	–	-25,212	Closed	-$390K
4261	4261 First Trust NASDAQ ABA Community Bank Index Fund QABA $120M	–	–	-100	Closed	-$6K
4262	QD 4262 Qudian QD $753M	$0	﹤0.01%	245	–	–
4263	4263 Quince Therapeutics QNCX $85.9M	–	–	-491	Closed	-$6K
4264	4264 First Trust NASDAQ 100 ex-Technology Sector Index Fund QQXT $1.1B	–	–	-445	Closed	-$39K
4265	4265 Red Violet RDVT $702M	–	–	-95	Closed	-$4K
4266	4266 iShares Residential and Multisector Real Estate ETF REZ $809M	–	–	-180	Closed	-$18K