Union Pacific Corporation
CH ˙ SWX ˙ US9078181081
SecurityCH:UNP / Union Pacific Corporation
InstitutionBollard Group LLC
Latest Disclosed Ownership26,079 shares
Latest Disclosed Value $ 6,327
Bollard Group LLC reports 12.64% increase in ownership of UNP / Union Pacific Corporation

On May 14, 2026 - Bollard Group LLC filed a 13F-HR form disclosing ownership of 26,079 shares of Union Pacific Corporation (CH:UNP) valued at $6,327 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 23,152 shares of Union Pacific Corporation. This represents a change in shares of 12.64% during the quarter.

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 UNION PAC COM 907818108 26,079 2,927 12.64 6 20.00 0.1864
2026-02-13 2025-12-31 13F UNION PAC COM 907818108 23,152 134 0.58 5 0.00 0.1338
2025-11-14 2025-09-30 13F UNION PAC COM 907818108 23,018 1,183 5.42 5 0.00 0.1279
2025-08-13 2025-06-30 13F Union Pacific COM 907818108 21,835 542 2.55 5 0.00 0.1149
2025-05-15 2025-03-31 13F Union Pacific COM 907818108 21,293 86 0.41 5 25.00 0.1321
2025-02-14 2024-12-31 13F Union Pacific COM 907818108 21,207 87 0.41 5 -20.00 0.1340
2024-11-13 2024-09-30 13F Union Pacific COM 907818108 21,120 81 0.38 5 25.00 0.1385
2024-08-14 2024-06-30 13F Union Pacific COM 907818108 21,039 -6,715 -24.19 5 -33.33 0.1343
2024-05-13 2024-03-31 13F Union Pacific COM 907818108 27,754 62 0.22 7 0.00 0.2064
2024-02-13 2023-12-31 13F Union Pacific COM 907818108 27,692 67 0.24 7 20.00 0.2365
2023-11-14 2023-09-30 13F Union Pacific COM 907818108 27,625 -407 -1.45 6 0.00 0.2070
2023-08-14 2023-06-30 13F Union Pacific COM 907818108 28,032 -4,106 -12.78 6 -16.67 0.1951
2023-05-12 2023-03-31 13F Union Pacific COM 907818108 32,138 47 0.15 6 0.00 0.2336
2023-02-10 2022-12-31 13F Union Pacific COM 907818108 32,091 -870 -2.64 7 -99.91 0.2538
2022-11-09 2022-09-30 13F Union Pacific COM 907818108 32,961 53 0.16 6,421 -8.52 0.2698
2022-08-12 2022-06-30 13F Union Pacific COM 907818108 32,908 48 0.15 7,019 -21.82 0.2844
2022-05-12 2022-03-31 13F Union Pacific COM 907818108 32,860 334 1.03 8,978 9.57 0.2872
2022-02-11 2021-12-31 13F Union Pacific COM 907818108 32,526 9,949 44.07 8,194 85.18 0.2623
2021-11-12 2021-09-30 13F Union Pacific COM 907818108 22,577 2,016 9.80 4,425 -2.15 0.1449
2021-08-12 2021-06-30 13F Union Pacific COM 907818108 20,561 15 0.07 4,522 -0.15 0.1434
2021-05-11 2021-03-31 13F Union Pacific COM 907818108 20,546 14 0.07 4,529 5.94 0.1587
2021-02-04 2020-12-31 13F Union Pacific COM 907818108 20,532 -229 -1.10 4,275 4.60 0.1592
2020-11-12 2020-09-30 13F Union Pacific COM 907818108 20,761 2 0.01 4,087 16.44 0.1473
2020-08-13 2020-06-30 13F Union Pacific COM 907818108 20,759 2,802 15.60 3,510 38.57 0.1379
2020-05-14 2020-03-31 13F Union Pacific COM 907818108 17,957 -932 -4.93 2,533 -25.83 0.1126
2020-02-10 2019-12-31 13F Union Pacific COM 907818108 18,889 67 0.36 3,415 12.00 0.1109
2019-11-13 2019-09-30 13F Union Pacific COM 907818108 18,822 74 0.39 3,049 -3.82 0.1071
2019-08-13 2019-06-30 13F Union Pacific COM 907818108 18,748 66 0.35 3,170 1.47 0.1092
2019-05-10 2019-03-31 13F Union Pacific COM 907818108 18,682 67 0.36 3,124 21.41 0.1179
2019-02-05 2018-12-31 13F Union Pacific COM 907818108 18,615 372 2.04 2,573 -13.37 0.1135
2018-11-08 2018-09-30 13F Union Pacific COM 907818108 18,243 61 0.34 2,970 15.30 0.1194
2018-08-09 2018-06-30 13F Union Pacific COM 907818108 18,182 120 0.66 2,576 6.10 0.1183
2018-05-14 2018-03-31 13F Union Pacific COM 907818108 18,062 9 0.05 2,428 0.29 0.1207
2018-01-29 2017-12-31 13F Union Pacific COM 907818108 18,053 59 0.33 2,421 16.00 0.1164
2017-10-27 2017-09-30 13F Union Pacific COM 907818108 17,994 63 0.35 2,087 6.86 0.1100
2017-07-19 2017-06-30 13F Union Pacific COM 907818108 17,931 67 0.38 1,953 3.22 0.1055
2017-04-19 2017-03-31 13F Union Pacific COM 907818108 17,864 68 0.38 1,892 2.55 0.1085
2017-01-25 2016-12-31 13F Union Pacific COM 907818108 17,796 68 0.38 1,845 6.71 0.1203
2016-10-26 2016-09-30 13F Union Pacific COM 907818108 17,728 1,527 9.43 1,729 22.28 0.1106
2016-07-20 2016-06-30 13F Union Pacific COM 907818108 16,201 65 0.40 1,414 10.12 0.0966
2016-05-09 2016-03-31 13F Union Pacific COM 907818108 16,136 70 0.44 1,284 2.23 0.1034
2016-02-04 2015-12-31 13F Union Pacific COM 907818108 16,066 71 0.44 1,256 -11.17 0.1034
2015-10-30 2015-09-30 13F Union Pacific COM 907818108 15,995 63 0.40 1,414 -6.91 0.1160
2015-08-12 2015-06-30 13F Union Pacific COM 907818108 15,932 89 0.56 1,519 -11.48 0.1147
2015-05-12 2015-03-31 13F Union Pacific COM 907818108 15,843 119 0.76 1,716 -8.38 0.1278
2015-02-12 2014-12-31 13F Union Pacific COM 907818108 15,724 0 0.00 1,873 9.85 0.1653
2014-11-14 2014-09-30 13F Union Pacific COM 907818108 15,724 0 0.00 1,705 8.74 0.1610
2014-08-13 2014-06-30 13F Union Pacific COM 907818108 15,724 7,862 100.00 1,568 6.31 0.1515
2014-05-14 2014-03-31 13F Union Pacific COM 907818108 7,862 0 0.00 1,475 11.66 0.1492
2014-02-13 2013-12-31 13F Union Pacific COM 907818108 7,862 2,600 49.41 1,321 61.69 0.1456
2013-11-12 2013-09-30 13F/A-1 Union Pacific COM 907818108 5,262 2,400 83.86 817 84.84 0.0961
2013-11-05 2013-09-30 13F Union Pacific COM 907818108 5,262 817
2013-08-12 2013-06-30 13F Union Pacific COM 907818108 2,862 2,862 442 0.0850
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.