U.S. Bancorp
US ˙ NYSE ˙ US9029733048

SecurityUSB / U.S. Bancorp
InstitutionHallmark Capital Management Inc
Latest Disclosed Ownership90,273 shares
Latest Disclosed Value $ 4,695,102
Hallmark Capital Management Inc reports 5.55% decrease in ownership of USB / U.S. Bancorp

On May 6, 2026 - Hallmark Capital Management Inc filed a 13F-HR form disclosing ownership of 90,273 shares of U.S. Bancorp (US:USB) valued at $4,695,099 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 4, 2026 disclosing 95,574 shares of U.S. Bancorp. This represents a change in shares of -5.55% during the quarter. The current value of the position is $4,797,107 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-06 2026-03-31 13F US BANCORP COM Stock 902973304 90,273 -5,301 -5.55 4,695 -7.92 0.3023
2026-02-04 2025-12-31 13F US BANCORP DEL COM Stock 902973304 95,574 1,695 1.81 5,100 12.39 0.3268
2025-11-03 2025-09-30 13F US BANCORP DEL COM Stock 902973304 93,879 748 0.80 4,537 7.66 0.2999
2025-08-06 2025-06-30 13F US BANCORP DEL COM Stock 902973304 93,131 3,327 3.70 4,214 11.16 0.3031
2025-05-07 2025-03-31 13F US BANCORP DEL COM Stock 902973304 89,804 -279 -0.31 3,792 -12.00 0.2876
2025-01-31 2024-12-31 13F US BANCORP DEL COM Stock 902973304 90,083 -11,637 -11.44 4,309 -7.37 0.3220
2024-11-06 2024-09-30 13F US BANCORP DEL COM Stock 902973304 101,720 -3,700 -3.51 4,652 11.14 0.3447
2024-08-08 2024-06-30 13F US BANCORP DEL COM Stock 902973304 105,420 -7,226 -6.41 4,185 -16.88 0.3334
2024-05-03 2024-03-31 13F US BANCORP DEL COM Stock 902973304 112,646 -10,028 -8.17 5,035 -5.16 0.3794
2024-02-07 2023-12-31 13F US BANCORP DEL COM Stock 902973304 122,674 -5,924 -4.61 5,309 24.89 0.4140
2023-11-09 2023-09-30 13F US BANCORP DEL COM Stock 902973304 128,598 2,366 1.87 4,251 1.94 0.3544
2023-07-28 2023-06-30 13F US BANCORP DEL COM Stock 902973304 126,232 30,604 32.00 4,171 20.97 0.3746
2023-05-03 2023-03-31 13F US BANCORP DEL COM Stock 902973304 95,628 94,615 9,340.08 3,447 7,734.09 0.3135
2023-02-01 2022-12-31 13F US BANCORP DEL COM Stock 902973304 1,013 -1,865 -64.80 44 -62.07 0.0041
2022-11-09 2022-09-30 13F US BANCORP DEL COM Stock 902973304 2,878 -3,674 -56.07 116 -61.59 0.0116
2022-11-16 2022-06-30 13F/A-3 US BANCORP DEL COM Stock 902973304 6,552 -201 -2.98 302 -15.88 0.0283
2022-08-01 2022-06-30 13F US BANCORP DEL COM Stock 902973304 6,552 -201 302 0.0283
2022-05-02 2022-03-31 13F U S BANCORP COM 902973304 6,753 -300 -4.25 359 -9.34 0.0300
2022-02-02 2021-12-31 13F U S BANCORP COM 902973304 7,053 -100 -1.40 396 -6.82 0.0318
2021-11-01 2021-09-30 13F U S BANCORP COM 902973304 7,153 -875 -10.90 425 -7.00 0.0371
2021-08-03 2021-06-30 13F U S BANCORP COM 902973304 8,028 -37 -0.46 457 2.47 0.0387
2021-04-22 2021-03-31 13F U S BANCORP COM 902973304 8,065 -725 -8.25 446 8.78 0.0401
2021-02-02 2020-12-31 13F U S BANCORP COM 902973304 8,790 -400 -4.35 410 24.62 0.0401
2020-11-03 2020-09-30 13F U S BANCORP COM 902973304 9,190 -1,100 -10.69 329 -13.19 0.0362
2020-07-28 2020-06-30 13F U S BANCORP COM 902973304 10,290 150 1.48 379 8.60 0.0425
2020-04-24 2020-03-31 13F U S BANCORP COM 902973304 10,140 -55 -0.54 349 -42.22 0.0453
2020-01-31 2019-12-31 13F U S BANCORP COM 902973304 10,195 5 0.05 604 7.09 0.0604
2019-11-01 2019-09-30 13F U S BANCORP COM 902973304 10,190 -1,050 -9.34 564 -4.24 0.0599
2019-08-08 2019-06-30 13F U S BANCORP COM 902973304 11,240 -500 -4.26 589 4.06 0.0625
2019-05-09 2019-03-31 13F U S BANCORP COM 902973304 11,740 -5,625 -32.39 566 -28.72 0.0617
2019-02-08 2018-12-31 13F U S BANCORP COM 902973304 17,365 -894 -4.90 794 -17.63 0.1038
2018-10-26 2018-09-30 13F U S BANCORP COM 902973304 18,259 5,269 40.56 964 48.31 0.1139
2018-08-02 2018-06-30 13F U S BANCORP COM 902973304 12,990 100 0.78 650 -0.15 0.0793
2018-04-27 2018-03-31 13F U S BANCORP COM 902973304 12,890 -1,725 -11.80 651 -16.86 0.0792
2018-01-24 2017-12-31 13F U S BANCORP COM 902973304 14,615 -450 -2.99 783 -3.09 0.0942
2017-10-30 2017-09-30 13F U S BANCORP COM 902973304 15,065 245 1.65 808 5.07 0.1016
2017-07-13 2017-06-30 13F U S BANCORP COM 902973304 14,820 -2,082 -12.32 769 -11.71 0.1030
2017-05-12 2017-03-31 13F U S Bancorp Del COM 902973304 16,902 -663 -3.77 871 -3.54 0.1156
2017-02-13 2016-12-31 13F U S BANCORP COM 902973304 17,565 -1,525 -7.99 903 10.12 0.1291
2016-11-09 2016-09-30 13F U S Bancorp Del COM 902973304 19,090 4,708 32.74 820 41.38 0.1205
2016-08-05 2016-06-30 13F U S Bancorp Del COM 902973304 14,382 7,532 109.96 580 108.63 0.0884
2016-05-06 2016-03-31 13F U S BANCORP COM 902973304 6,850 6,850 278 0.0469
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.