US BANCORP \DE\

MINNEAPOLIS, MN · CIK 36104 · 13F filing filed 2026-08-12

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityU.S. BANCORP (US)

Other 13F filers in this group: U.S. BANCORP ASSET MANAGEMENT INC files a notice, U.S. BANCORP INVESTMENTS, INC. last filed Q4 2025, HIGHMARK CAPITAL MANAGEMENT INC/CA last filed Q4 2023

Kindmutual funds, bank or insurer
Others nearbyMinneapolis, MN, San Francisco, CA, Saint Paul, MN, Harrisburg, PA, Philadelphia, PA, Los Angeles, CA
FamilyUS BANCORP \DE\ · 4 related pages

As an employer

US visa salary filings

Filings FY2024–202627
Median salary offered$122,450
Middle half$111,405 – $126,832
Job titles15

Job title	Filings	Median	Range
Senior Software EngineerAtlanta, GA	8	$126,609	$120,649 – $166,950
Software EngineerCharlotte, NC	5	$106,974	$102,877 – $127,244
Data AnalyticsAtlanta, GA	2	$100,173	$89,877 – $129,084
Senior Business Risk ManagerHorsham, PA	1	$188,406	$188,406 – $197,627
Program ManagerAtlanta, GA	1	$141,391
Development Group ManagerAtlanta, GA	1	$136,136	$136,136 – $156,720
Lead Software Engineer - Merchant Payment ServicesIrving, TX	1	$134,971	$134,971 – $157,000
Lead Software EngineerKnoxville, TN	1	$126,488	$126,488 – $135,266
Infrastructure EngineerHouston, TX	1	$122,450	$122,450 – $139,125
Senior Software Engineer (Java, Springboot, Aws)Atlanta, GA	1	$120,649	$120,649 – $133,350
Application Architect SrAtlanta, GA	1	$119,829	$119,829 – $138,414
Fixed Income Assoc. Director “ TraderCharlotte, NC	1	$111,405	$111,405 – $210,000

3 more job titles

Fixed Income Assoc. Director – TraderCharlotte, NC	1	$111,405	$111,405 – $210,000
Fixed Income Assoc. Director - TraderCharlotte, NC	1	$111,405	$111,405 – $210,000
Software Engineer (Oracle Pl/Sql Developer)Manassas, VA	1	$93,536	$93,536 – $110,250

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: ELAVON, INC., Elavon, Inc., U.S. Bancorp Investments, Inc..

In the UK

1 UK companies in the group; those with staff figures, a pay gap report, FCA authorisation or fund management as their business are listed.

Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.

$91.6bn reported value +11.2% vs Q1 2026

4,139positions

34.8%in top 10

243 new 1,584 added 1,609 reduced 254 sold out vs Q1 2026

Options: 3 call positions ($11.5k notional), 13 put positions ($440.4k notional) – listed below, not included above.

This report includes the holdings of 3 other managers that share the investment decisions:

U.S. BANCORP ADVISORS, LLC – reports through this filing
U.S. BANCORP ASSET MANAGEMENT INC – reports through this filing
US BANK NATIONAL ASSOCIATION – reports through this filing

Also in the report of:

Dorsey & Whitney Trust CO LLC – $5.7m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	172,215,422	$5.1bn5.53%	5.53%	Added +27.2m	+27,154,202 18.7%
2	ISHARES TR CORE S&P500 ETF IVV	IVV	6,582,164	$4.9bn5.38%	5.38%	Added +761.5k	+761,480 13.1%
3	ISHARES TR CORE US AGGBD ET AGG	AGG	39,478,188	$3.9bn4.27%	4.27%	Reduced -3.1m	-3,070,595 -7.2%
4	ISHARES TR CORE MSCI EAFE IEFA	IEFA	35,990,373	$3.5bn3.80%	3.80%	Added +324.5k	+324,503 0.9%
5	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	4,204,899	$3.1bn3.43%	3.43%	Added +37.7k	+37,712 0.9%
6	APPLE INC COM AAPL	AAPL	10,064,743	$2.9bn3.18%	3.18%	Reduced -69.8k	-69,822 -0.7%
7	ISHARES INC CORE MSCI EMKT IEMG	IEMG	29,088,603	$2.4bn2.63%	2.63%	Reduced -441.4k	-441,382 -1.5%
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,981,859	$2.1bn2.33%	2.33%	Added +25.7k	+25,688 0.4%
9	MICROSOFT CORP COM MSFT	MSFT	5,520,756	$2.1bn2.25%	2.25%	Added +68.4k	+68,426 1.2%
10	VANGUARD INDEX FDS MID CAP ETF VO	VO	22,846,853	$1.8bn2.01%	2.01%	Added +1.2m	+1,188,605 5.5%
11	NVIDIA CORPORATION COM NVDA	NVDA	8,241,277	$1.6bn1.80%	1.80%	Added +175.1k	+175,061 2.2%
12	ELI LILLY & CO COM LLY	LLY	1,354,723	$1.6bn1.77%	1.77%	Reduced -2.9k	-2,887 -0.2%
13	AMAZON COM INC COM AMZN	AMZN	5,986,857	$1.4bn1.56%	1.56%	Added +101.5k	+101,467 1.7%
14	ISHARES TR RUS MID CAP ETF IWR	IWR	12,780,590	$1.4bn1.54%	1.54%	Reduced -140.5k	-140,495 -1.1%
15	JPMORGAN CHASE & CO COM JPM	JPM	3,486,947	$1.1bn1.25%	1.25%	Reduced -32.8k	-32,837 -0.9%
16	ISHARES TR CORE MSCI TOTAL IXUS	IXUS	11,650,196	$1.1bn1.21%	1.21%	Added +1.9m	+1,892,588 19.4%
17	ISHARES TR EAFE VALUE ETF EFV	EFV	14,137,778	$1.1bn1.18%	1.18%	Added +164.0k	+163,954 1.2%
18	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	1,295,207	$953.8m1.04%	1.04%	Reduced -30.5k	-30,451 -2.3%
19	MICRON TECHNOLOGY INC COM MU	MU	768,857	$887.5m0.97%	0.97%	Reduced -87.3k	-87,291 -10.2%
20	SCHWAB STRATEGIC TR US REIT ETF SCHH	SCHH	34,334,144	$813.1m0.89%	0.89%	Added +657.5k	+657,466 1.9%
21	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,032,602	$752.1m0.82%	0.82%	Reduced -82.4k	-82,411 -3.9%
22	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	10,411,578	$741.8m0.81%	0.81%	Reduced -1.1m	-1,118,952 -9.7%
23	ISHARES TR MSCI EAFE ETF EFA	EFA	7,091,487	$736.7m0.80%	0.80%	Reduced -40.9k	-40,930 -0.6%
24	VANGUARD SCOTTSDALE FDS VNG RUS2000IDX VTWO	VTWO	5,896,669	$716.0m0.78%	0.78%	Added +138.5k	+138,459 2.4%
25	ISHARES TR CORE S&P SCP ETF IJR	IJR	4,737,329	$702.6m0.77%	0.77%	Reduced -123.5k	-123,544 -2.5%
26	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	963,812	$677.9m0.74%	0.74%	Reduced -6.1k	-6,146 -0.6%
27	ALPHABET INC CAP STK CL C GOOG	GOOG	1,830,380	$646.7m0.71%	0.71%	Reduced -7.9k	-7,929 -0.4%
28	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	861	$644.8m0.70%	0.70%	Unchanged
29	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,107,002	$643.1m0.70%	0.70%	Reduced -15.8k	-15,819 -1.4%
30	ISHARES TR RUSSELL 2000 ETF IWM	IWM	2,129,304	$639.7m0.70%	0.70%	Reduced -1.3m	-1,336,328 -38.6%
31	JOHNSON & JOHNSON COM JNJ	JNJ	2,500,270	$635.0m0.69%	0.69%	Added +8.1k	+8,084 0.3%
32	WALMART INC COM WMT	WMT	5,517,050	$624.9m0.68%	0.68%	Added +35.1k	+35,141 0.6%
33	META PLATFORMS INC CL A META	META	1,105,358	$622.6m0.68%	0.68%	Added +61.4k	+61,395 5.9%
34	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,170,560	$585.7m0.64%	0.64%	Added +1.1k	+1,145 0.1%
35	ABBVIE INC COM ABBV	ABBV	2,295,401	$577.6m0.63%	0.63%	Reduced -33.5k	-33,543 -1.4%
36	ISHARES TR NATIONAL MUN ETF MUB	MUB	5,353,257	$576.1m0.63%	0.63%	Added +120.7k	+120,706 2.3%
37	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	2,682,109	$511.0m0.56%	0.56%	Reduced -71.6k	-71,565 -2.6%
38	CATERPILLAR INC COM CAT	CAT	473,894	$504.7m0.55%	0.55%	Reduced -5.6k	-5,591 -1.2%
39	BROADCOM INC COM AVGO	AVGO	1,304,775	$492.9m0.54%	0.54%	Added +49.0k	+48,982 3.9%
40	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	5,030,439	$485.1m0.53%	0.53%	Reduced -490.9k	-490,866 -8.9%
41	COSTCO WHSL CORP NEW COM COST	COST	512,209	$479.2m0.52%	0.52%	Reduced -311	-311 -0.1%
42	ISHARES TR RUS 1000 GRW ETF IWF	IWF	3,833,812	$476.0m0.52%	0.52%	Added +9.6k	+9,576 0.2%
43	PROCTER AND GAMBLE CO COM PG	PG	3,242,813	$475.5m0.52%	0.52%	Reduced -126.9k	-126,862 -3.8%
44	PALO ALTO NETWORKS INC COM PANW	PANW	1,374,306	$468.7m0.51%	0.51%	Added +1.1k	+1,150 0.1%
45	HOME DEPOT INC COM HD	HD	1,269,451	$447.7m0.49%	0.49%	Reduced -54.8k	-54,779 -4.1%
46	EXXON MOBIL CORP COM XOM	XOM	3,263,986	$446.3m0.49%	0.49%	Reduced -47.2k	-47,171 -1.4%
47	MASTERCARD INCORPORATED CL A MA	MA	856,617	$440.0m0.48%	0.48%	Reduced -2.8k	-2,821 -0.3%
48	PACCAR INC COM PCAR	PCAR	3,607,077	$433.3m0.47%	0.47%	Added +4.3k	+4,332 0.1%
49	CISCO SYS INC COM CSCO	CSCO	3,665,837	$430.6m0.47%	0.47%	Reduced -42.2k	-42,152 -1.1%
50	UNITEDHEALTH GROUP INC COM UNH	UNH	1,021,603	$424.6m0.46%	0.46%	Added +9.4k	+9,426 0.9%
51	APPLIED MATLS INC COM AMAT	AMAT	570,378	$412.4m0.45%	0.45%	Added +700	+700 0.1%
52	BANK AMERICA CORP COM BAC	BAC	7,071,872	$403.0m0.44%	0.44%	Added +39.6k	+39,644 0.6%
53	US BANCORP DEL COM NEW USB	USB	6,636,256	$400.8m0.44%	0.44%	Reduced -320.5k	-320,492 -4.6%
54	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	14,444,093	$400.1m0.44%	0.44%	Added +1.8m	+1,820,273 14.4%
55	ISHARES TR CORE S&P MCP ETF IJH	IJH	5,165,944	$398.3m0.43%	0.43%	Added +89.5k	+89,513 1.8%
56	MARATHON PETE CORP COM MPC	MPC	1,496,414	$382.6m0.42%	0.42%	Reduced -52.1k	-52,142 -3.4%
57	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	6,358,797	$379.6m0.41%	0.41%	Reduced -7.5k	-7,481 -0.1%
58	3M CO COM MMM	MMM	2,209,787	$357.8m0.39%	0.39%	Reduced -5.5k	-5,507 -0.2%
59	ISHARES TR RUS 1000 ETF IWB	IWB	856,684	$350.8m0.38%	0.38%	Reduced -35.5k	-35,498 -4.0%
60	CHEVRON CORP NEW COM CVX	CVX	2,050,249	$339.9m0.37%	0.37%	Reduced -32.7k	-32,668 -1.6%
61	COCA COLA CO COM KO	KO	4,129,726	$335.6m0.37%	0.37%	Reduced -18.6k	-18,573 -0.5%
62	ISHARES TR RUS MDCP VAL ETF IWS	IWS	1,985,054	$326.7m0.36%	0.36%	Reduced -49.3k	-49,260 -2.4%
63	VISA INC COM CL A V	V	907,180	$311.3m0.34%	0.34%	Reduced -2.7k	-2,705 -0.3%
64	SPDR GOLD TR GOLD SHS GLD	GLD	810,023	$298.4m0.33%	0.33%	Reduced -21.2k	-21,187 -2.5%
65	ECOLAB INC COM ECL	ECL	1,031,399	$287.4m0.31%	0.31%	Reduced -33.3k	-33,299 -3.1%
66	INTEL CORP COM INTC	INTC	2,002,511	$279.6m0.31%	0.31%	Reduced -54.3k	-54,297 -2.6%
67	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	400,723	$275.2m0.30%	0.30%	Reduced -725.8k	-725,794 -64.4%
68	EMERSON ELEC CO COM EMR	EMR	1,896,552	$271.5m0.30%	0.30%	Reduced -42.8k	-42,841 -2.2%
69	ISHARES TR GLB INFRASTR ETF IGF	IGF	3,865,180	$257.4m0.28%	0.28%	Added +846.4k	+846,370 28.0%
70	NEXTERA ENERGY INC COM NEE	NEE	2,840,822	$249.3m0.27%	0.27%	Added +29.1k	+29,063 1.0%
71	AMGEN INC COM AMGN	AMGN	664,266	$240.5m0.26%	0.26%	Reduced -2.8k	-2,791 -0.4%
72	MCDONALDS CORP COM MCD	MCD	858,357	$232.0m0.25%	0.25%	Reduced -51.4k	-51,418 -5.7%
73	ISHARES TR MSCI EMG MKT ETF EEM	EEM	3,374,039	$230.8m0.25%	0.25%	Added +35.7k	+35,673 1.1%
74	ABBOTT LABS COM ABT	ABT	2,512,602	$228.0m0.25%	0.25%	Reduced -195.3k	-195,299 -7.2%
75	ORACLE CORP COM ORCL	ORCL	1,549,498	$227.1m0.25%	0.25%	Added +4.0k	+4,007 0.3%
76	VERTIV HOLDINGS CO COM CL A VRT	VRT	663,288	$222.1m0.24%	0.24%	Reduced -19.5k	-19,455 -2.9%
77	TEXAS INSTRS INC COM TXN	TXN	738,193	$220.0m0.24%	0.24%	Added +1.8k	+1,804 0.2%
78	QUALCOMM INC COM QCOM	QCOM	1,158,756	$214.1m0.23%	0.23%	Reduced -23.0k	-22,984 -1.9%
79	ISHARES INC MSCI EMRG CHN EMXC	EMXC	2,073,581	$212.1m0.23%	0.23%	Added +130.6k	+130,646 6.7%
80	SCHWAB CHARLES CORP COM SCHW	SCHW	2,289,104	$211.2m0.23%	0.23%	Reduced -223	-223 -0.0%
81	PEPSICO INC COM PEP	PEP	1,538,725	$208.3m0.23%	0.23%	Reduced -46.9k	-46,897 -3.0%
82	WELLS FARGO CO NEW COM WFC	WFC	2,486,893	$205.5m0.22%	0.22%	Reduced -23.6k	-23,601 -0.9%
83	MERCK & CO INC COM MRK	MRK	1,561,329	$200.6m0.22%	0.22%	Added +6.6k	+6,582 0.4%
84	UNION PAC CORP COM UNP	UNP	733,892	$199.6m0.22%	0.22%	Reduced -3.6k	-3,612 -0.5%
85	EATON CORP PLC SHS ETN	ETN	467,394	$199.2m0.22%	0.22%	Added +30.4k	+30,384 7.0%
86	ISHARES TR RUS MD CP GR ETF IWP	IWP	1,353,964	$198.2m0.22%	0.22%	Reduced -228.9k	-228,935 -14.5%
87	ISHARES TR EAFE GRWTH ETF EFG	EFG	1,557,647	$193.8m0.21%	0.21%	Added +252.8k	+252,755 19.4%
88	ISHARES TR RUS 1000 VAL ETF IWD	IWD	793,380	$192.3m0.21%	0.21%	Reduced -7.5k	-7,510 -0.9%
89	CHUBB LIMITED COM CB	CB	559,026	$190.5m0.21%	0.21%	Reduced -10.6k	-10,563 -1.9%
90	BLACKROCK INC COM BLK	BLK	195,671	$188.2m0.21%	0.21%	Reduced -4.3k	-4,277 -2.1%
91	ISHARES TR CRE U S REIT ETF USRT	USRT	2,795,189	$185.7m0.20%	0.20%	Reduced -1.1k	-1,063 -0.0%
92	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	742,510	$182.8m0.20%	0.20%	Reduced -2.8k	-2,828 -0.4%
93	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	3,591,532	$181.7m0.20%	0.20%	Added +98.9k	+98,920 2.8%
94	RTX CORPORATION COM RTX	RTX	930,311	$176.5m0.19%	0.19%	Added +5.3k	+5,345 0.6%
95	TESLA INC COM TSLA	TSLA	414,251	$174.2m0.19%	0.19%	Added +35.2k	+35,154 9.3%
96	GOLDMAN SACHS GROUP INC COM GS	GS	172,070	$174.0m0.19%	0.19%	Added +446	+446 0.3%
97	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	363,753	$173.7m0.19%	0.19%	Reduced -1.9k	-1,872 -0.5%
98	LAM RESEARCH CORP COM NEW LRCX	LRCX	394,657	$171.0m0.19%	0.19%	Added +5.3k	+5,317 1.4%
99	ISHARES TR SELECT DIVID ETF DVY	DVY	1,086,066	$169.8m0.19%	0.19%	Reduced -17.1k	-17,065 -1.6%
100	TRAVELERS COMPANIES INC COM TRV	TRV	508,998	$168.0m0.18%	0.18%	Reduced -9.8k	-9,779 -1.9%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		400,819	$181.2m400.8k shares
COTERRA ENERGY INC CTRA	CTRA	1,950,334	$68.5m2.0m shares
DUPONT DE NEMOURS INC DWDP	DWDP	76,910	$10.6m76.9k shares
VANGUARD SCOTTSDALE FDS BNDW	BNDW	43,410	$3.0m43.4k shares
CARNIVAL CORP		48,189	$1.2m48.2k shares
SEALED AIR CORP NEW		24,353	$1.0m24.4k shares
AIR LEASE CORP AL	AL	15,655	$1.0m15.7k shares
HOLOGIC INC HOLX	HOLX	12,477	$943.1k12.5k shares
TRI POINTE HOMES INC TPH	TPH	16,456	$769.0k16.5k shares
AMERICAN WOODMARK CORPORATIO AMWD	AMWD	18,383	$732.2k18.4k shares
MASIMO CORP MASI	MASI	3,933	$699.6k3.9k shares
THOMSON REUTERS CORP		7,530	$677.5k7.5k shares
THERMON GROUP HLDGS INC		10,035	$505.8k10.0k shares
KENNEDY-WILSON HOLDINGS INC KW	KW	31,697	$343.0k31.7k shares
MEXICO EQUITY & INCOME FD MXE	MXE	25,233	$325.5k25.2k shares
PROSHARES TR II SCO	SCO	35,000	$291.2k35.0k shares
KIRKLANDS INC KIRK	KIRK	310,000	$288.2k310.0k shares
TASEKO MINES LTD		44,135	$284.7k44.1k shares
TERNS PHARMACEUTICALS INC		5,190	$273.6k5.2k shares
CARNIVAL PLC CUK	CUK	9,784	$252.1k9.8k shares
PERFECT MOMENT LTD PMNT	PMNT	910,225	$235.7k910.2k shares
ISHARES TR ICOP	ICOP	4,133	$196.6k4.1k shares
ISHARES TR IYC	IYC	1,803	$174.7k1.8k shares
CSG SYS INTL INC		2,105	$168.3k2.1k shares
SLEEP NUMBER CORP SNBRQ	SNBRQ	90,138	$161.8k90.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
MICROSOFT CORP MSFT · Put	MSFT	Put	27	$178.0k27 shares	Unchanged
INVESCO EXCHANGE TRADED FD T RSP · Put	RSP	Put	4,933	$117.3k4.9k shares	Reduced
LOWES COS INC LOW · Put	LOW	Put	62	$49.2k62 shares	Unchanged
APPLE INC AAPL · Put	AAPL	Put	90	$41.3k90 shares	Unchanged
AUTOMATIC DATA PROCESSING IN ADP · Put	ADP	Put	23	$26.8k23 shares	Unchanged
GE VERNOVA INC GEV · Put	GEV	Put	18	$9.5k18 shares	New
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	49	$9.0k49 shares	Unchanged
NVIDIA CORPORATION NVDA · Call	NVDA	Call	11	$4.6k11 shares	Reduced
DIREXION SHS ETF TR DPST · Call	DPST	Call	1	$3.8k1 shares	Unchanged
INTEL CORP INTC · Put	INTC	Put	507	$3.3k507 shares	New
DBX ETF TR NAIL · Call	NAIL	Call	12	$3.1k12 shares	Unchanged
EMERSON ELEC CO EMR · Put	EMR	Put	128	$3.1k128 shares	Unchanged
JPMORGAN CHASE & CO JPM · Put	JPM	Put	35	$1.7k35 shares	Unchanged
ELI LILLY & CO LLY · Put	LLY	Put	14	$61614 shares	Unchanged
ISHARES TR EEM · Put	EEM	Put	100	$444100 shares	Unchanged
ISHARES TR EFA · Put	EFA	Put	90	$13390 shares	Unchanged