U.S. Bancorp
CH ˙ SWX ˙ US9029733048
SecurityCH:USB / U.S. Bancorp
InstitutionFormidable Asset Management, LLC
Latest Disclosed Ownership23,373 shares
Latest Disclosed Value $ 1,247,198
Formidable Asset Management, LLC reports 0.80% increase in ownership of USB / U.S. Bancorp

On April 22, 2026 - Formidable Asset Management, LLC filed a 13F-HR form disclosing ownership of 23,373 shares of U.S. Bancorp (CH:USB) valued at $1,247,198 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 16, 2026 disclosing 23,187 shares of U.S. Bancorp. This represents a change in shares of 0.80% 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-04-22 2026-03-31 13F US BANCORP DEL COM NEW 902973304 23,373 186 0.80 1,247 11.34 0.1926
2026-01-16 2025-12-31 13F US BANCORP DEL COM NEW 902973304 23,187 -3,419 -12.85 1,121 -6.90 0.1630
2025-10-29 2025-09-30 13F US BANCORP DEL COM NEW 902973304 26,606 -1,224 -4.40 1,204 2.47 0.1896
2025-07-16 2025-06-30 13F US BANCORP DEL COM NEW 902973304 27,830 0 0.00 1,175 0.00 0.1965
2025-05-05 2025-03-31 13F US BANCORP DEL COM NEW 902973304 27,830 261 0.95 1,175 -10.93 0.1964
2025-02-19 2024-12-31 13F US BANCORP DEL COM 902973304 27,569 -96 -0.35 1,319 4.19 0.2166
2024-11-12 2024-09-30 13F US BANCORP DEL COM NEW 902973304 27,665 -918 -3.21 1,265 11.55 0.2021
2024-08-08 2024-06-30 13F US BANCORP DEL COM NEW 902973304 28,583 63 0.22 1,135 -10.99 0.1835
2024-05-15 2024-03-31 13F US BANCORP DEL COM NEW 902973304 28,520 2,838 11.05 1,275 14.67 0.2078
2024-02-07 2023-12-31 13F US BANCORP DEL COM NEW 902973304 25,682 -500 -1.91 1,112 28.44 0.2308
2023-11-09 2023-09-30 13F U S BANCORP COM 902973304 26,182 -282 -1.07 866 0.1918
2023-08-15 2023-06-30 13F US BANCORP COM COM 902973304 26,464 -1,173 -4.24 1 0.1907
2023-05-09 2023-03-31 13F US BANCORP COM COM 902973304 27,637 0 0.00 1 -100.00 0.2092
2023-02-07 2022-12-31 13F US BANCORP COM COM 902973304 27,637 -150 -0.54 1 -99.91 0.2722
2022-11-14 2022-09-30 13F US BANCORP DEL COM COM 902973304 27,787 -1,151 -3.98 1,173 -12.85 0.2721
2022-08-18 2022-06-30 13F/A-1 US BANCORP DEL COM COM 902973304 28,938 0 0.00 1,346 -12.48 0.3030
2022-08-16 2022-06-30 13F US BANCORP DEL COM COM 902973304 28,938 0 1,346 0.3126
2022-05-04 2022-03-31 13F US BANCORP DEL COM COM 902973304 28,938 -25 -0.09 1,538 -7.79 0.2949
2022-02-07 2021-12-31 13F US BANCORP COM COM 902973304 28,963 -116 -0.40 1,668 -3.47 0.3201
2021-11-10 2021-09-30 13F US BANCORP COM COM 902973304 29,079 -250 -0.85 1,728 3.23 0.3245
2021-08-16 2021-06-30 13F/A-2 US BANCORP COM Common Stock 902973304 29,329 3 0.01 1,674 2.20 0.3594
2021-08-06 2021-06-30 13F US BANCORP COM COM 902973304 8,501 -20,825 1,233 0.2905
2021-05-12 2021-03-31 13F US BANCORP COM COM 902973304 29,326 170 0.58 1,638 21.24 0.3561
2021-01-29 2020-12-31 13F US BANCORP COM COM 902973304 29,156 2 0.01 1,351 27.45 0.3131
2020-12-14 2020-09-30 13F/A-1 US BANCORP DEL COM Equity 902973304 29,154 -141 -0.48 1,060 -2.93 0.3090
2020-11-13 2020-09-30 13F US BANCORP COM COM 902973304 29,154 -141 1,060 288,730.7831
2020-08-13 2020-06-30 13F US BANCORP DEL COM Equity 902973304 29,295 -107 -0.36 1,092 7.80 0.3220
2020-06-01 2020-03-31 13F US BANCORP DEL COM Common 902973304 29,402 -1,900 -6.07 1,013 -42.67 0.3988
2020-02-13 2019-12-31 13F US BANCORP COM COM 902973304 31,302 18,230 139.46 1,767 144.40 0.5571
2019-11-08 2019-09-30 13F US BANCORP COM COM 902973304 13,072 -13,551 -50.90 723 -51.18 0.6691
2019-10-15 2019-06-30 13F US BANCORP COM COM 902973304 26,623 26,623 -16.94 1,481 1.09 0.5093
2019-10-15 2019-03-31 13F US BANCORP DEL COM Common 902973304 0 -32,052 -100.00 0 -100.00
2019-02-06 2018-12-31 13F US BANCORP DEL COM Common 902973304 32,052 -1,117 -3.37 1,465 -17.09 0.7747
2018-11-07 2018-09-30 13F US BANCORP DEL COM Common 902973304 33,169 -1,131 -3.30 1,767 2.97 0.6958
2018-08-08 2018-06-30 13F US BANCORP DEL COM Common 902973304 34,300 -1,926 -5.32 1,716 -6.18 0.7387
2018-05-04 2018-03-31 13F US BANCORP DEL COM Common 902973304 36,226 -140 -0.38 1,829 -6.11 0.9162
2018-02-13 2017-12-31 13F US BANCORP DEL COM Common 902973304 36,366 -10 -0.03 1,948 -0.10 0.8961
2017-11-13 2017-09-30 13F US BANCORP DEL COM Common 902973304 36,376 -308 -0.84 1,950 2.42 0.8229
2017-08-11 2017-06-30 13F US BANCORP DEL COM Common 902973304 36,684 6,863 23.01 1,904 22.76 0.9390
2017-05-12 2017-03-31 13F US BANCORP DEL COM Common 902973304 29,821 -625 -2.05 1,551 -0.83 0.6762
2017-02-08 2016-12-31 13F US BANCORP DEL COM Common 902973304 30,446 -759 -2.43 1,564 16.89 0.7902
2016-11-14 2016-09-30 13F US BANCORP DEL COM Common 902973304 31,205 175 0.56 1,338 2.76 0.6650
2016-08-12 2016-06-30 13F US BANCORP DEL COM COM NEW 902973304 31,030 731 2.41 1,302 -0.15 0.7246
2016-05-10 2016-03-31 13F US BANCORP DEL COM NEW 902973304 30,299 -2,251 -6.92 1,304 -2.40 0.9165
2016-02-02 2015-12-31 13F US BANCORP DEL COM NEW 902973304 32,550 -643 -1.94 1,336 -1.84 0.9256
2015-11-12 2015-09-30 13F US BANCORP DEL COM NEW 902973304 33,193 -250 -0.75 1,361 -6.20 0.9088
2015-08-14 2015-06-30 13F US BANCORP DEL COM COM 902973304 33,443 -95 -0.28 1,451 -1.43 0.9253
2015-05-14 2015-03-31 13F US BANCORP DEL COM COM 902973304 33,538 -65 -0.19 1,472 -2.52 0.9683
2015-02-27 2014-12-31 13F US BANCORP DEL COM COM 902973304 33,603 -170 -0.50 1,510 4.14 1.0312
2014-11-14 2014-09-30 13F US BANCORP DEL COM COM 902973304 33,773 -2,134 -5.94 1,450 -6.75 0.9582
2014-08-21 2014-06-30 13F US BANCORP DEL COM COM 902973304 35,907 -525 -1.44 1,555 6.29 0.9394
2014-05-15 2014-03-31 13F US BANCORP DEL COM COM 902973304 36,432 90 0.25 1,463 0.62 1.0216
2014-02-18 2013-12-31 13F US BANCORP DEL COM COM 902973304 36,342 51 0.14 1,454 10.07 0.9787
2013-11-26 2013-09-30 13F US BANCORP DEL COM COM 902973304 36,291 36,291 1,321 1.1413
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.