US Bancorp Portfolio holdings
US Bancorp is the parent company of U.S. Bank, which provides banking, investment, mortgage, trust and payment services to individuals, businesses, governments and other financial institutions. It traces its founding to 1863 and First National Bank of Cincinnati, whose national charter it still operates under. Its present form dates to 2001, when Firstar Corporation of Milwaukee bought the earlier U.S. Bancorp, a holding company that began in Oregon in 1969, and the merged company took that name. In 2022 it completed the purchase of MUFG Union Bank's consumer business, which gave it a large presence on the West Coast, especially in California.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI ACWI ex US ETF
ACWX
|
+$41.6M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$26M |
| 3 |
State Street SPDR EURO STOXX 50 ETF
FEZ
|
+$23M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$11.4M |
| 5 |
Berkshire Hathaway Class A
BRK.A
|
+$8.16M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Dow Jones International Real Estate ETF
RWX
|
+$42.6M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$33.9M |
| 3 |
3M
MMM
|
+$32.5M |
| 4 |
ExxonMobil
XOM
|
+$18.3M |
| 5 |
Procter & Gamble
PG
|
+$14.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.62% |
| 2 | Industrials | 13.61% |
| 3 | Financials | 11.61% |
| 4 | Healthcare | 11.11% |
| 5 | Energy | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
ExxonMobil
XOM
$754B
| $879M | 3.5% |
8,734,552
-181,339
| -2% | -$18.3M |
2013 Q2
4 quarters
|
|
|
2
3M
MMM
$91.5B
| $871M | 3.47% |
7,269,909
-276,962
| -4% | -$32.5M |
2013 Q2
4 quarters
|
|
|
3
State Street SPDR S&P 500 ETF Trust
SPY
$816B
| $866M | 3.45% |
4,426,146
+136,957
| +3% | +$26M |
2013 Q2
4 quarters
|
|
4
US Bancorp
USB
$94.5B
| $783M | 3.12% |
18,068,893
-82,058
| -0.5% | -$3.43M |
2013 Q2
4 quarters
|
|
5
iShares MSCI EAFE ETF
EFA
$77.4B
| $578M | 2.31% |
8,461,230
+13,768
| +0.2% | +$944K |
2013 Q2
4 quarters
|
|
|
6
Procter & Gamble
PG
$372B
| $545M | 2.17% |
6,939,088
-179,266
| -3% | -$14.5M |
2013 Q2
4 quarters
|
|
|
7
iShares MSCI Emerging Markets ETF
EEM
$29.1B
| $446M | 1.78% |
10,320,814
-799,265
| -7% | -$33.9M |
2013 Q2
4 quarters
|
|
8
Johnson & Johnson
JNJ
$662B
| $418M | 1.66% |
3,992,352
-39,018
| -1% | -$3.94M |
2013 Q2
4 quarters
|
|
9
Apple
AAPL
$5.09T
| $379M | 1.51% |
16,294,620
-644,652
| -4% | -$13.7M |
2013 Q2
4 quarters
|
|
10
Chevron
CVX
$454B
| $377M | 1.5% |
2,889,750
-78,835
| -3% | -$9.8M |
2013 Q2
4 quarters
|
|
11
GE Aerospace
GE
$325B
| $348M | 1.39% |
2,760,261
-56,128
| -2% | -$7.14M |
2013 Q2
4 quarters
|
|
12
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.2B
| $347M | 1.38% |
1,332,582
+6,666
| +0.5% | +$1.67M |
2013 Q2
4 quarters
|
|
13
Emerson Electric
EMR
$95.2B
| $314M | 1.25% |
4,726,991
-49,443
| -1% | -$3.32M |
2013 Q2
4 quarters
|
|
14
Wells Fargo
WFC
$255B
| $314M | 1.25% |
5,966,223
-46,341
| -0.8% | -$2.33M |
2013 Q2
4 quarters
|
|
15
Pfizer
PFE
$171B
| $312M | 1.24% |
11,082,531
-209,789
| -2% | -$5.98M |
2013 Q2
4 quarters
|
|
16
SLB Ltd
SLB
$79.4B
| $254M | 1.01% |
2,154,280
-34,521
| -2% | -$3.56M |
2013 Q2
4 quarters
|
|
17
PepsiCo
PEP
$182B
| $245M | 0.98% |
2,745,445
-72,210
| -3% | -$6.24M |
2013 Q2
4 quarters
|
|
18
Microsoft
MSFT
$3.94T
| $237M | 0.94% |
5,674,635
-75,417
| -1% | -$3.05M |
2013 Q2
4 quarters
|
|
19
General Mills
GIS
$17.8B
| $229M | 0.91% |
4,353,813
-132,588
| -3% | -$7.07M |
2013 Q2
4 quarters
|
|
|
20
iShares Core US Aggregate Bond ETF
AGG
$140B
| $223M | 0.89% |
2,037,028
+104,897
| +5% | +$11.4M |
2013 Q2
4 quarters
|
|
21
Intel
INTC
$487B
| $203M | 0.81% |
6,560,272
+2,133
| +0% | +$58.4K |
2013 Q2
4 quarters
|
|
22
JPMorgan Chase
JPM
$912B
| $201M | 0.8% |
3,483,662
+2,364
| +0.1% | +$133K |
2013 Q2
4 quarters
|
|
23
Qualcomm
QCOM
$198B
| $199M | 0.79% |
2,513,282
+14,890
| +0.6% | +$1.18M |
2013 Q2
4 quarters
|
|
|
24
State Street SPDR Dow Jones International Real Estate ETF
RWX
$230M
| $198M | 0.79% |
4,468,062
-985,915
| -18% | -$42.6M |
2013 Q2
4 quarters
|
|
25
McDonald's
MCD
$182B
| $195M | 0.78% |
1,933,862
-45,158
| -2% | -$4.56M |
2013 Q2
4 quarters
|
|
Similar funds
US Bancorp's Q2 2014 Portfolio in Review
As of Q2 2014, US Bancorp held 3,694 positions worth $25.1B, up 2.8% from $24.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
US Bancorp's Q2 2014 filing shows 196 new, 1,171 increased, 1,372 reduced and 170 closed positions. Its largest new stake was Navient: 360,192 shares worth $6.38M. The largest sale was State Street SPDR Dow Jones International Real Estate ETF, an estimated $42.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 23% of assets, up from 22% a quarter earlier, followed by Industrials and Financials.
- US Bancorp's largest Q2 2014 buy was Navient: 360,192 shares worth $6.38M.
- US Bancorp added most to iShares MSCI ACWI ex US ETF in Q2 2014, an estimated $41.6M increase.
- US Bancorp's biggest Q2 2014 reduction was State Street SPDR Dow Jones International Real Estate ETF, cutting an estimated $42.6M.
- US Bancorp fully exited BEAM INC COM STK (DE) in Q2 2014, selling an estimated $10.9M.
- US Bancorp's ten largest holdings make up 24% of its $25.1B portfolio in Q2 2014.
- US Bancorp opened 196 new positions and closed 170 in Q2 2014.
- US Bancorp's portfolio value rose 2.8% quarter-over-quarter to $25.1B.
Based on US Bancorp's 13F filing for Q2 2014, filed 14 Aug 2014.