U.S. Bancorp
US ˙ NYSE ˙ US9029733048

SecurityUSB / U.S. Bancorp
InstitutionCardinal Capital Management, Inc.
Latest Disclosed Ownership309,751 shares
Latest Disclosed Value $ 16,110,150
Cardinal Capital Management, Inc. reports 8.61% increase in ownership of USB / U.S. Bancorp

On April 7, 2026 - Cardinal Capital Management, Inc. filed a 13F-HR form disclosing ownership of 309,751 shares of U.S. Bancorp (US:USB) valued at $16,110,150 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 22, 2026 disclosing 285,196 shares of U.S. Bancorp. This represents a change in shares of 8.61% during the quarter. The current value of the position is $17,250,033 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)
2026-04-07 2026-03-31 13F US Bancorp COM 902973304 309,751 24,555 8.61 16,110 -22.83 0.4341
2026-01-22 2025-12-31 13F US Bancorp COM 902973304 285,196 42,095 17.32 20,875 77.67 0.4687
2025-10-03 2025-09-30 13F US Bancorp COM 902973304 243,101 212,655 698.47 11,749 753.23 0.3393
2025-07-11 2025-06-30 13F US Bancorp COM 902973304 30,446 -725 -2.33 1,378 4.64 0.0431
2025-04-14 2025-03-31 13F US Bancorp COM 902973304 31,171 -5,280 -14.49 1,316 -24.50 0.0447
2025-01-17 2024-12-31 13F US Bancorp COM 902973304 36,451 -1,973 -5.13 1,743 -0.80 0.0592
2024-10-10 2024-09-30 13F US Bancorp COM 902973304 38,424 -200 -0.52 1,757 14.61 0.0724
2024-07-09 2024-06-30 13F US Bancorp COM 902973304 38,624 593 1.56 1,533 -9.77 0.0590
2024-04-09 2024-03-31 13F US Bancorp COM 902973304 38,031 1,090 2.95 1,700 6.32 0.0755
2024-02-23 2023-12-31 13F US Bancorp COM 902973304 36,941 -8,180 -18.13 1,599 7.18 0.0757
2023-10-12 2023-09-30 13F US Bancorp COM 902973304 45,121 420 0.94 1,492 1.02 0.0777
2023-07-10 2023-06-30 13F US Bancorp COM 902973304 44,701 -4,175 -8.54 1,477 -16.18 0.0740
2023-04-06 2023-03-31 13F US Bancorp COM 902973304 48,876 1,350 2.84 1,762 -15.01 0.0957
2023-02-03 2022-12-31 13F US Bancorp COM 902973304 47,526 2,580 5.74 2,073 14.35 0.1170
2022-10-07 2022-09-30 13F US Bancorp COM 902973304 44,946 2,160 5.05 1,812 -7.97 0.1104
2022-07-13 2022-06-30 13F US Bancorp COM 902973304 42,786 1,570 3.81 1,969 -10.13 0.1088
2022-04-12 2022-03-31 13F US Bancorp COM 902973304 41,216 -244,325 -85.57 2,191 -86.34 0.1066
2022-01-19 2021-12-31 13F US Bancorp COM 902973304 285,541 -710 -0.25 16,039 -5.74 0.7479
2021-10-07 2021-09-30 13F US Bancorp COM 902973304 286,251 -176,510 -38.14 17,015 -35.46 0.9300
2021-07-09 2021-06-30 13F US Bancorp COM 902973304 462,761 7,470 1.64 26,363 4.69 1.4254
2021-04-14 2021-03-31 13F US Bancorp COM 902973304 455,291 13,330 3.02 25,182 22.30 1.4802
2021-01-15 2020-12-31 13F US Bancorp COM 902973304 441,961 14,110 3.30 20,591 34.25 1.2518
2020-10-13 2020-09-30 13F US Bancorp COM 902973304 427,851 11,365 2.73 15,338 0.02 1.0988
2020-07-08 2020-06-30 13F US Bancorp COM 902973304 416,486 69,725 20.11 15,335 28.37 1.2944
2020-04-08 2020-03-31 13F US Bancorp COM 902973304 346,761 15,815 4.78 11,946 -39.12 0.9936
2020-01-15 2019-12-31 13F US Bancorp COM 902973304 330,946 -2,955 -0.88 19,622 6.19 1.3227
2019-10-08 2019-09-30 13F US Bancorp COM 902973304 333,901 1,385 0.42 18,478 6.05 1.7201
2019-07-11 2019-06-30 13F US Bancorp COM 902973304 332,516 -12,295 -3.57 17,424 4.86 1.7342
2019-04-04 2019-03-31 13F US Bancorp COM 902973304 344,811 10,656 3.19 16,616 8.81 1.6617
2019-01-14 2018-12-31 13F US Bancorp COM 902973304 334,155 11,960 3.71 15,271 -10.25 1.7897
2018-10-05 2018-09-30 13F US Bancorp COM 902973304 322,195 10,310 3.31 17,015 9.07 1.6216
2018-07-05 2018-06-30 13F US Bancorp COM 902973304 311,885 14,193 4.77 15,600 3.77 1.5079
2018-04-06 2018-03-31 13F US Bancorp COM 902973304 297,692 4,100 1.40 15,033 -4.44 1.4096
2018-01-18 2017-12-31 13F US Bancorp COM 902973304 293,592 5,510 1.91 15,731 1.90 1.3290
2017-10-06 2017-09-30 13F US Bancorp COM 902973304 288,082 -6,475 -2.20 15,438 0.95 1.4302
2017-07-10 2017-06-30 13F US Bancorp COM 902973304 294,557 11,635 4.11 15,293 4.96 1.5478
2017-04-06 2017-03-31 13F US Bancorp COM 902973304 282,922 -5,993 -2.07 14,570 -1.83 1.5093
2017-01-10 2016-12-31 13F US Bancorp COM 902973304 288,915 7,865 2.80 14,842 23.13 1.5919
2016-10-05 2016-09-30 13F US Bancorp COM 902973304 281,050 6,600 2.40 12,054 8.90 1.3623
2016-07-06 2016-06-30 13F US Bancorp COM 902973304 274,450 925 0.34 11,069 -0.30 1.2175
2016-04-07 2016-03-31 13F US Bancorp COM 902973304 273,525 -10,715 -3.77 11,102 -8.47 1.2543
2016-01-11 2015-12-31 13F US Bancorp COM 902973304 284,240 3,400 1.21 12,129 5.31 1.5188
2015-10-21 2015-09-30 13F US Bancorp COM 902973304 280,840 5,838 2.12 11,517 -3.50 1.4146
2015-08-07 2015-06-30 13F US Bancorp COM 902973304 275,002 11,630 4.42 11,935 3.77 1.2963
2015-04-30 2015-03-31 13F US Bancorp COM NEW 902973304 263,372 16,550 6.71 11,501 3.66 1.2675
2015-01-22 2014-12-31 13F US Bancorp COM NEW 902973304 246,822 12,025 5.12 11,095 12.96 1.2113
2014-10-21 2014-09-30 13F US Bancorp COM 902973304 234,797 5,936 2.59 9,822 -6.95 0.7533
2014-07-23 2014-06-30 13F US Bancorp COM 902973304 228,861 4,321 1.92 10,556 9.70 4.5013
2014-04-23 2014-03-31 13F US Bancorp COM 902973304 224,540 224,540 9,623 4.5502
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.