U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. As of December 31, 2021, the company provided its products and services through a network of 2,230 banking offices principally operating in the Midwest and West regions of the United States, as well as through on-line services, over mobile devices, and other distribution channels; and operated a network of 4,059 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Investor	Date	% Owned	Market Value	Shares	Chg. Shares	Chg. Shares %	% Portfolio
The Vanguard Group, Inc.	2025-09-30	9.2991%	$6.99B	144.5M	1.3M	0.9%	0.1%
BlackRock, Inc.	2025-09-30	8.34063%	$6.27B	129.6M	-2.4M	-1.8%	0.1%
State Street Global Advisors, Inc.	2025-09-30	4.45046%	$3.34B	69.2M	648.9K	1.0%	0.1%
FMR LLC	2025-09-30	3.37242%	$2.53B	52.4M	439.2K	0.8%	0.1%
Vanguard Index Funds - Vanguard Total Stock Market ETF	2025-10-31	3.1371%	$2.36B	48.8M	-138.4K	-0.3%	0.1%
MUFG Bank, Ltd.
Vanguard Index Funds - Vanguard S&P 500 ETF
Geode Capital Management, LLC
JP Morgan Asset Management
Norges Bank Investment Management
Government Pension Fund Global
T. Rowe Price Group, Inc.
Aristotle Capital Management, LLC
Morgan Stanley
Fidelity Concord Street Trust - Fidelity 500 Index Fund
iShares Trust - iShares Core S&P 500 ETF
Davis Selected Advisers LP
Strategic Advisers LLC
UBS Asset Management AG
SPDR S&P 500 ETF

U.S. Bancorp

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