USB
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
§ 04 · FUNDAMENTALS · THE BOOKS
| P/E | 10.9 | P/B | 1.27 |
| EPS (TTM) | 4.86 | Dividend | 4.09% |
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| BlackRock, Inc. | 128.4M | 0.1% | −1% |
| VANGUARD CAPITAL MANAGEMENT LLC | 100.9M | n/a | n/a |
| State Street | 69.4M | 0.1% | −0% |
| JPMORGAN CHASE & CO | 61.7M | n/a | +27% |
| Fidelity Management | 57.2M | 0.2% | −9% |
| MUFG BANK, LTD. | 44.4M | 75.9% | ±0% |
Top institutional owners for USB as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
| Date | Insider | Action | Shares | $ value |
|---|---|---|---|---|
| AUG 31 | Kedia Gunjan | SELL | 27K | −$2M |
| JUL 24 | CHOSY JAMES L | SELL | 23K | −$1M |
| JUL 22 | Philipson Stephen L | SELL | 37K | −$2M |
| MAY 06 | Dilip Venkatachari | SELL | 35K | −$2M |
| APR 22 | Richard Jodi L | SELL | 40K | −$2M |
0 insider buys, 5 sells in the last 180 days. Scheduled 10b5-1 sales are pre-programmed and neutral; discretionary clusters are the tape worth reading. Cross-reference with the signal stack above for context.
§ 08 · COVERAGE · OUR RECENT NOTES
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