Vision Capital Management’s U.S. BANCORP Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series H Non-Cum USB.PRO Stock Holding History

Vision Capital Management’s Portfolio USB.PRO Stock Details USB.PRO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-14,000	Closed	-$317K	–	64
2014 Q2	$317K	Sell	14,000 -500	-3%	-$11.2K	0.04%	55
2014 Q1	$315K	Sell	14,500 -1,000	-6%	-$21.4K	0.04%	59
2013 Q4	$310K	Hold	15,500	–	–	0.04%	56
2013 Q3	$326K	Sell	15,500 -500	-3%	-$11.2K	0.04%	57
2013 Q2	$375K	Buy	+16,000	New	+$390K	0.06%	57

Other funds holding USB.PRO

FBB

Fulton Breakefield Broenniman Bethesda, Maryland $1.53B AUM 18.11% 1-Year Est. Return

ECM

Estabrook Capital Management New York $685M AUM 26.64% 1-Year Est. Return

QAM

QCI Asset Management Pittsford, New York $1.72B AUM 25.41% 1-Year Est. Return

PTC

Private Trust Company Cleveland, Ohio $1.12B AUM 21.35% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Vision Capital Management's USB.PRO Position: Q3 2014 in Review

Vision Capital Management sold out of U.S. BANCORP Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series H Non-Cum (USB.PRO) in Q3 2014, closing a stake of 14,000 shares — an estimated $317K sold.

Vision Capital Management first reported a position in USB.PRO in Q2 2013 and held it in 5 quarters. The position peaked at $375K in Q2 2013. 5 funds tracked by Wall St. Rank hold USB.PRO as of Q3 2014.

Vision Capital Management reported no remaining U.S. BANCORP Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series H Non-Cum position as of Q3 2014 after selling out during the quarter.
Vision Capital Management sold 14,000 U.S. BANCORP Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series H Non-Cum shares in Q3 2014, an estimated $317K.
Vision Capital Management first reported a position in U.S. BANCORP Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series H Non-Cum in Q2 2013 and held it in 5 quarters.
Vision Capital Management's U.S. BANCORP Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series H Non-Cum position peaked at $375K in Q2 2013.
5 funds tracked by Wall St. Rank held U.S. BANCORP Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series H Non-Cum as of Q3 2014.

Based on Vision Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.