§ 13F · FUND PROFILE
US BANCORP \DE\.
Regional bank, wealth management
AUM · $84.4B (13F)Positions · 9529Turnover · 43% · Q1Filed · May 15, 2026
CONCENTRATION
24%
Top 10 holdings
NEW BUYS
+355
+$70M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-1pp · +1pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 15, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | AGG | ISHARES TR | 28.10M | $2.8B | 3.4% | −1% |
| 2 | SCHX | SCHWAB STRATEGIC TR | 98.84M | $2.5B | 3.1% | −28% |
| 3 | IEFA | ISHARES TR | 26.84M | $2.4B | 2.9% | +2% |
| 4 | IVV | ISHARES TR | 3.20M | $2.1B | 2.5% | +2% |
| 5 | AAPL | APPLE INC | 8.05M | $2.0B | 2.5% | −1% |
| 6 | SPY | STATE STR SPDR S&P 500 ETF T | 3.14M | $2.0B | 2.5% | −2% |
| 7 | MSFT | MICROSOFT CORP | 4.43M | $1.6B | 2.0% | +1% |
| 8 | IEMG | ISHARES INC | 21.59M | $1.5B | 1.8% | +2% |
| 9 | GOOGL | ALPHABET INC | 5.06M | $1.5B | 1.8% | −1% |
| 10 | IVV | ISHARES TR | 2.07M | $1.4B | 1.6% | — |
§ 02 · SECTOR ALLOCATION
Where the money is
Other23.6% (+1pp)
Technology7.5% (−1pp)
Semiconductors4.3% (±0)
Retail4.2% (±0)
Media3.8% (±0)
Pharmaceuticals2.9%
§ 03 · THE US SIGNAL
AC read
US BANCORP \DE\ is a Dealer / Bank fund managing $84.4 billion in assets. The fund runs a massive portfolio of 9,529 positions, broad diversification across holdings. Trading activity is aggressive at 43% quarterly turnover, with 355 new positions and 0 exits last quarter. Top sector allocations: Other (24%), Technology (8%), Semiconductors (4%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+355 buys · −0 exits · 3185 changed
Q4 2025
Busy quarter
+253 buys · −0 exits · 2997 changed
Q3 2025
Busy quarter
+193 buys · −0 exits · 3048 changed
Q2 2025
Busy quarter
+217 buys · −0 exits · 3240 changed