U.S. Bancorp
US ˙ NYSE ˙ US9029733048

SecurityUSB / U.S. Bancorp
InstitutionNorthern Trust Corp
Latest Disclosed Ownership16,923,237 shares
Latest Disclosed Value $ 880,177,556
Northern Trust Corp reports 3.70% increase in ownership of USB / U.S. Bancorp

On May 14, 2026 - Northern Trust Corp filed a 13F-HR form disclosing ownership of 16,923,237 shares of U.S. Bancorp (US:USB) valued at $880,177,556 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 16,320,174 shares of U.S. Bancorp. This represents a change in shares of 3.70% during the quarter. The current value of the position is $899,300,814 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)
2026-05-14 2026-03-31 13F US BANCORP COM NEW 902973304 16,923,237 603,063 3.70 880,178 1.07 0.0239
2026-02-17 2025-12-31 13F US BANCORP DEL COM NEW 902973304 16,320,174 -118,600 -0.72 870,844 9.61 0.1110
2025-11-14 2025-09-30 13F US BANCORP DEL COM NEW 902973304 16,438,774 172,645 1.06 794,486 7.94 0.1016
2025-08-13 2025-06-30 13F US BANCORP DEL COM NEW 902973304 16,266,129 -377,610 -2.27 736,042 4.75 0.1012
2025-05-13 2025-03-31 13F US BANCORP DEL COM NEW 902973304 16,643,739 -406,829 -2.39 702,699 -13.84 0.1043
2025-02-14 2024-12-31 13F US BANCORP DEL COM NEW 902973304 17,050,568 1,670,305 10.86 815,529 15.95 0.1155
2024-11-13 2024-09-30 13F US BANCORP DEL COM 902973304 15,380,263 -1,138,153 -6.89 703,339 7.25 0.1151
2024-08-14 2024-06-30 13F US BANCORP DEL COM 902973304 16,518,416 -1,149,860 -6.51 655,781 -16.97 0.1105
2024-05-14 2024-03-31 13F US BANCORP DEL COM 902973304 17,668,276 -1,046,705 -5.59 789,772 -2.50 0.1365
2024-02-13 2023-12-31 13F US BANCORP DEL COM 902973304 18,714,981 -619,929 -3.21 809,984 26.72 0.1466
2023-11-13 2023-09-30 13F US BANCORP DEL COM 902973304 19,334,910 1,388,401 7.74 639,212 7.80 0.1238
2023-08-11 2023-06-30 13F US BANCORP DEL COM 902973304 17,946,509 -719,902 -3.86 592,953 -11.88 0.1139
2023-05-15 2023-03-31 13F US BANCORP DEL COM 902973304 18,666,411 199,982 1.08 672,924 -16.44 0.1334
2023-02-13 2022-12-31 13F US BANCORP DEL COM 902973304 18,466,429 -253,630 -1.35 805,321 6.69 0.1690
2022-11-14 2022-09-30 13F US BANCORP DEL COM 902973304 18,720,059 901,652 5.06 754,793 -7.95 0.1724
2022-08-12 2022-06-30 13F US BANCORP DEL COM 902973304 17,818,407 24,866 0.14 820,004 -13.29 0.1756
2022-05-13 2022-03-31 13F US BANCORP DEL COM 902973304 17,793,541 303,443 1.73 945,727 -3.73 0.1664
2022-02-08 2021-12-31 13F US BANCORP DEL COM NEW 902973304 17,490,098 -289,650 -1.63 982,419 -7.04 0.1609
2021-11-15 2021-09-30 13F US BANCORP DEL COM NEW 902973304 17,779,748 -114,985 -0.64 1,056,829 3.67 0.1871
2021-08-13 2021-06-30 13F US BANCORP DEL COM NEW 902973304 17,894,733 344,959 1.97 1,019,463 5.03 0.1796
2021-05-12 2021-03-31 13F US BANCORP DEL COM NEW 902973304 17,549,774 -92,538 -0.52 970,678 18.09 0.1805
2021-02-11 2020-12-31 13F US BANCORP DEL COM NEW 902973304 17,642,312 -653,502 -3.57 821,955 25.32 0.1601
2020-11-16 2020-09-30 13F US BANCORP DEL COM NEW 902973304 18,295,814 -320,704 -1.72 655,905 -4.31 0.1438
2020-08-14 2020-06-30 13F US BANCORP DEL COM 902973304 18,616,518 -238,323 -1.26 685,459 5.53 0.1624
2020-05-14 2020-03-31 13F US BANCORP DEL COM NEW 902973304 18,854,841 -416,340 -2.16 649,550 -43.15 0.1865
2020-02-14 2019-12-31 13F US BANCORP DEL COM NEW 902973304 19,271,181 -249,161 -1.28 1,142,588 5.77 0.2557
2019-11-13 2019-09-30 13F US BANCORP DEL COM 902973304 19,520,342 -971,638 -4.74 1,080,256 0.60 0.2586
2019-08-13 2019-06-30 13F US BANCORP DEL COM NEW 902973304 20,491,980 171,826 0.85 1,073,779 9.66 0.2547
2019-05-13 2019-03-31 13F US BANCORP DEL COM NEW 902973304 20,320,154 190,324 0.95 979,228 6.45 0.2419
2019-02-12 2018-12-31 13F US BANCORP DEL COM NEW 902973304 20,129,830 561,261 2.87 919,933 -10.98 0.2580
2018-11-14 2018-09-30 13F US BANCORP DEL COM NEW 902973304 19,568,569 99,947 0.51 1,033,416 6.12 0.2529
2018-09-18 2018-06-30 13F/A-1 US BANCORP DEL COM NEW 902973304 19,468,622 -258,131 -1.31 973,821 -2.25 0.2473
2018-08-14 2018-06-30 13F US BANCORP DEL COM NEW 902973304 19,580,332 -146,421 979,409
2018-05-09 2018-03-31 13F US BANCORP DEL COM NEW 902973304 19,726,753 -528,743 -2.61 996,201 -8.21 0.2592
2018-02-14 2017-12-31 13F US BANCORP DEL COM NEW 902973304 20,255,496 -580,422 -2.79 1,085,288 -2.80 0.2749
2017-11-13 2017-09-30 13F US BANCORP DEL COM NEW 902973304 20,835,918 876,618 4.39 1,116,598 7.75 0.2910
2017-08-11 2017-06-30 13F US BANCORP DEL COM 902973304 19,959,300 -705,749 -3.42 1,036,287 -2.63 0.2898
2017-05-12 2017-03-31 13F US BANCORP DEL COM 902973304 20,665,049 683,877 3.42 1,064,250 3.68 0.3069
2017-02-13 2016-12-31 13F US BANCORP DEL COM 902973304 19,981,172 -325,136 -1.60 1,026,433 17.85 0.3148
2016-11-09 2016-09-30 13F US BANCORP DEL COM 902973304 20,306,308 -63,197 -0.31 870,937 6.02 0.2713
2016-08-12 2016-06-30 13F US BANCORP DEL COM NEW 902973304 20,369,505 -224,617 -1.09 821,503 -1.76 0.2667
2016-08-19 2016-03-31 13F/A-1 US BANCORP DEL COM NEW 902973304 20,594,122 -45,586 -0.22 836,219 -5.05 0.2774
2016-05-13 2016-03-31 13F US Bancorp Del COMM 902973304 20,594,027 835,911
2016-02-12 2015-12-31 13F US Bancorp Del COMM 902973304 20,639,708 -1,971,431 -8.72 880,697 -5.02 0.2919
2015-11-12 2015-09-30 13F US Bancorp Del COMM 902973304 22,611,139 22,611,139 0.00 927,283 0.3094
2015-08-13 2015-06-30 13F US Bancorp Del COMM 902973304 0 -24,683,632 -100.00 0 -100.00
2015-05-14 2015-03-31 13F US Bancorp Del COMM 902973304 24,683,632 -1,727,618 -6.54 1,077,935 -9.20 0.3242
2015-02-12 2014-12-31 13F US Bancorp Del COM 902973304 26,411,250 -19,367 -0.07 1,187,186 7.38 0.3584
2014-11-13 2014-09-30 13F US Bancorp Del COMM 902973304 26,430,617 -3,056,741 -10.37 1,105,593 -13.45 0.3472
2014-08-14 2014-06-30 13F US BANCORP DEL com 902973304 29,487,358 74,526 0.25 1,277,393 1.33 0.3981
2014-05-14 2014-03-31 13F US BANCORP DEL COMM 902973304 29,412,832 -976,687 -3.21 1,260,633 2.68 0.3966
2014-02-21 2013-12-31 13F/A-1 US BANCORP DEL COM 902973304 30,389,519 -174,317 -0.57 1,227,736 9.81 0.3937
2014-02-12 2013-12-31 13F US BANCORP DEL COM 902973304 30,389,519 1,227,736
2013-11-13 2013-09-30 13F US BANCORP DEL COM 902973304 30,563,836 -686,598 -2.20 1,118,024 -1.03 0.3938
2013-08-09 2013-06-30 13F US BANCORP DEL COM 902973304 31,250,434 31,250,434 1,129,703 0.4094
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.