Filed: 7/24/2025ACC: 0000036104-25-000046
📋 What this filing means
US BANCORP \DE\ filed this quarterly 13F‑HR report disclosing 4143 equity positions with a total reported market value of $79.44B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
4143
Positions
$79.44B
Total AUM (reported)
858.89M
Total Shares
Allocation by class
COM$30.40B38.3%
US LRG CAP ETF$5.04B6.4%
CORE US AGGBD ET$4.36B5.5%
CORE S&P500 ETF$3.66B4.6%
CORE MSCI EAFE$2.87B3.6%
TR UNIT$2.73B3.4%
CL A$2.49B3.1%
Portfolio Concentration
Top 3$13.07B16.5%
4–10$14.74B18.6%
11–25$12.66B15.9%
Rest$38.96B49.0%
Top 3 weight
16.5%
Top 10 weight
35.0%
Voting Authority Distribution
Total shares with voting rights: 858.89M
Sole
Full voting authority
690.87M
shares
% of voting shares80.4%
Shared
Joint voting authority
1.51M
shares
% of voting shares0.2%
None
No voting authority
166.52M
shares
% of voting shares19.4%
Investment Discretion (by position count)
Sole0
Shared0
Other4143
Dominant voting typeSole · 80.4% of voting shares
Institutional Holdings4143
Rows:
SCHWAB STRATEGIC TR
DFNDShares206.41M
TypeSH
Market value$5.04B
6.35%
Sole
174.77M
Shared
0.00
None
31.64M
ISHARES TR
DFNDShares43.99M
TypeSH
Market value$4.36B
5.49%
Sole
25.35M
Shared
4.42K
None
18.64M
ISHARES TR
DFNDShares5.89M
TypeSH
Market value$3.66B
4.61%
Sole
3.71M
Shared
1.47K
None
2.19M
ISHARES TR
DFNDShares34.39M
TypeSH
Market value$2.87B
3.61%
Sole
28.52M
Shared
12.17K
None
5.86M
MICROSOFT CORP
DFNDShares5.52M
TypeSH
Market value$2.75B
3.46%
Sole
4.97M
Shared
17.17K
None
527.77K
SPDR S&P 500 ETF TR
DFNDShares4.42M
TypeSH
Market value$2.73B
3.43%
Sole
4.36M
Shared
4.50K
None
49.48K
APPLE INC
DFNDShares10.69M
TypeSH
Market value$2.19B
2.76%
Sole
9.64M
Shared
26.83K
None
1.02M
ISHARES INC
DFNDShares27.72M
TypeSH
Market value$1.66B
2.09%
Sole
21.89M
Shared
8.14K
None
5.82M
ISHARES TR
DFNDShares13.92M
TypeSH
Market value$1.28B
1.61%
Sole
13.64M
Shared
4.94K
None
269.53K
AMAZON COM INC
DFNDShares5.76M
TypeSH
Market value$1.26B
1.59%
Sole
5.07M
Shared
13.64K
None
679.45K
NVIDIA CORPORATION
DFNDShares7.98M
TypeSH
Market value$1.26B
1.59%
Sole
6.64M
Shared
5.65K
None
1.34M
VANGUARD INDEX FDS
DFNDShares4.24M
TypeSH
Market value$1.19B
1.49%
Sole
1.81M
Shared
407.00
None
2.43M
JPMORGAN CHASE & CO.
DFNDShares3.73M
TypeSH
Market value$1.08B
1.36%
Sole
3.44M
Shared
5.09K
None
278.30K
ELI LILLY & CO
DFNDShares1.37M
TypeSH
Market value$1.08B
1.35%
Sole
1.33M
Shared
169.00
None
47.66K
ALPHABET INC
DFNDShares6.09M
TypeSH
Market value$1.07B
1.35%
Sole
5.48M
Shared
23.22K
None
587.02K
ISHARES TR
DFNDShares13.61M
TypeSH
Market value$864.25M
1.09%
Sole
10.14M
Shared
1.73K
None
3.47M
ISHARES TR
DFNDShares7.34M
TypeSH
Market value$767.09M
0.97%
Sole
6.34M
Shared
4.50K
None
993.39K
INVESCO QQQ TR
DFNDShares1.37M
TypeSH
Market value$756.16M
0.95%
Sole
1.27M
Shared
1.06K
None
100.17K
META PLATFORMS INC
DFNDShares926.61K
TypeSH
Market value$683.92M
0.86%
Sole
810.57K
Shared
496.00
None
115.55K
ISHARES TR
DFNDShares7.45M
TypeSH
Market value$666.18M
0.84%
Sole
7.30M
Shared
9.53K
None
139.76K
VANGUARD TAX-MANAGED FDS
DFNDShares11.60M
TypeSH
Market value$661.29M
0.83%
Sole
9.97M
Shared
2.63K
None
1.63M
BERKSHIRE HATHAWAY INC DEL
DFNDShares901.00
TypeSH
Market value$656.65M
0.83%
Sole
886.00
Shared
1.00
None
14.00
VANGUARD INDEX FDS
DFNDShares2.14M
TypeSH
Market value$651.88M
0.82%
Sole
2.10M
Shared
4.51K
None
39.60K
SCHWAB STRATEGIC TR
DFNDShares30.54M
TypeSH
Market value$646.26M
0.81%
Sole
22.99M
Shared
10.81K
None
7.54M
BERKSHIRE HATHAWAY INC DEL
DFNDShares1.30M
TypeSH
Market value$632.21M
0.80%
Sole
1.21M
Shared
4.73K
None
82.57K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SCHWAB STRATEGIC TRDFND | US LRG CAP ETF | 206.41M | SH | $5.04B 6.35% | 174.77M | 0.00 | 31.64M |
ISHARES TRDFND | CORE US AGGBD ET | 43.99M | SH | $4.36B 5.49% | 25.35M | 4.42K | 18.64M |
ISHARES TRDFND | CORE S&P500 ETF | 5.89M | SH | $3.66B 4.61% | 3.71M | 1.47K | 2.19M |
ISHARES TRDFND | CORE MSCI EAFE | 34.39M | SH | $2.87B 3.61% | 28.52M | 12.17K | 5.86M |
MICROSOFT CORPDFND | COM | 5.52M | SH | $2.75B 3.46% | 4.97M | 17.17K | 527.77K |
SPDR S&P 500 ETF TRDFND | TR UNIT | 4.42M | SH | $2.73B 3.43% | 4.36M | 4.50K | 49.48K |
APPLE INCDFND | COM | 10.69M | SH | $2.19B 2.76% | 9.64M | 26.83K | 1.02M |
ISHARES INCDFND | CORE MSCI EMKT | 27.72M | SH | $1.66B 2.09% | 21.89M | 8.14K | 5.82M |
ISHARES TRDFND | RUS MID CAP ETF | 13.92M | SH | $1.28B 1.61% | 13.64M | 4.94K | 269.53K |
AMAZON COM INCDFND | COM | 5.76M | SH | $1.26B 1.59% | 5.07M | 13.64K | 679.45K |
NVIDIA CORPORATIONDFND | COM | 7.98M | SH | $1.26B 1.59% | 6.64M | 5.65K | 1.34M |
VANGUARD INDEX FDSDFND | MID CAP ETF | 4.24M | SH | $1.19B 1.49% | 1.81M | 407.00 | 2.43M |
JPMORGAN CHASE & CO.DFND | COM | 3.73M | SH | $1.08B 1.36% | 3.44M | 5.09K | 278.30K |
ELI LILLY & CODFND | COM | 1.37M | SH | $1.08B 1.35% | 1.33M | 169.00 | 47.66K |
ALPHABET INCDFND | CAP STK CL A | 6.09M | SH | $1.07B 1.35% | 5.48M | 23.22K | 587.02K |
ISHARES TRDFND | EAFE VALUE ETF | 13.61M | SH | $864.25M 1.09% | 10.14M | 1.73K | 3.47M |
ISHARES TRDFND | NATIONAL MUN ETF | 7.34M | SH | $767.09M 0.97% | 6.34M | 4.50K | 993.39K |
INVESCO QQQ TRDFND | UNIT SER 1 | 1.37M | SH | $756.16M 0.95% | 1.27M | 1.06K | 100.17K |
META PLATFORMS INCDFND | CL A | 926.61K | SH | $683.92M 0.86% | 810.57K | 496.00 | 115.55K |
ISHARES TRDFND | MSCI EAFE ETF | 7.45M | SH | $666.18M 0.84% | 7.30M | 9.53K | 139.76K |
VANGUARD TAX-MANAGED FDSDFND | VAN FTSE DEV MKT | 11.60M | SH | $661.29M 0.83% | 9.97M | 2.63K | 1.63M |
BERKSHIRE HATHAWAY INC DELDFND | CL A | 901.00 | SH | $656.65M 0.83% | 886.00 | 1.00 | 14.00 |
VANGUARD INDEX FDSDFND | TOTAL STK MKT | 2.14M | SH | $651.88M 0.82% | 2.10M | 4.51K | 39.60K |
SCHWAB STRATEGIC TRDFND | US REIT ETF | 30.54M | SH | $646.26M 0.81% | 22.99M | 10.81K | 7.54M |
BERKSHIRE HATHAWAY INC DELDFND | CL B NEW | 1.30M | SH | $632.21M 0.80% | 1.21M | 4.73K | 82.57K |
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