Chris Davis's USB Position Overview
Chris Davis (via Davis Selected Advisers) currently holds 19.43 M shares of U.S. Bancorp (USB) worth $939.13 M, representing 4.90% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Chris Davis has maintained a long-term strategic position in USB, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2018, adding 7.51 M shares. Largest reduction occurred in Q1 2024, reducing 1.1 M shares.
Analysis based on 13F filings available since 2013 Q2
Chris Davis's US Ban (USB) Holding Value Over Time
Track share changes against reported price movement
Quarterly US Ban (USB) Trades by Chris Davis
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +494,248 | Add 0.00% | 494,247 | $36.15 |
| Q3 2013 | -52,192 | Reduce 10.56% | 442,055 | $36.58 |
| Q4 2013 | -47,698 | Reduce 10.79% | 394,357 | $40.40 |
| Q1 2014 | +410,585 | Add 104.12% | 804,942 | $42.86 |
| Q2 2014 | -82,163 | Reduce 10.21% | 722,779 | $43.32 |
| Q3 2014 | +191,971 | Add 26.56% | 914,750 | $41.83 |
| Q4 2014 | -1,564 | Reduce 0.17% | 913,186 | $44.95 |
| Q1 2015 | -98,557 | Reduce 10.79% | 814,629 | $43.67 |
| Q2 2015 | -256,779 | Reduce 31.52% | 557,850 | $43.40 |
| Q3 2015 | +198,669 | Add 35.61% | 756,519 | $41.01 |
| Q4 2015 | -2,669 | Reduce 0.35% | 753,850 | $42.67 |
| Q1 2016 | +323,099 | Add 42.86% | 1.08 M | $40.59 |
| Q2 2016 | +1.15 M | Add 107.22% | 2.23 M | $40.33 |
| Q3 2016 | -820 | Reduce 0.04% | 2.23 M | $42.89 |
| Q4 2016 | +2,114 | Add 0.09% | 2.23 M | $51.37 |
| Q1 2017 | +122,810 | Add 5.50% | 2.36 M | $51.50 |
| Q2 2017 | -1 M | Reduce 42.65% | 1.35 M | $51.92 |
| Q3 2017 | +10,528 | Add 0.78% | 1.36 M | $53.59 |
| Q4 2017 | +149,779 | Add 11.00% | 1.51 M | $53.58 |
| Q1 2018 | +216,027 | Add 14.29% | 1.73 M | $50.50 |
| Q2 2018 | +7.51 M | Add 434.84% | 9.24 M | $50.02 |
| Q3 2018 | +4,571 | Add 0.05% | 9.24 M | $52.81 |
| Q4 2018 | -12,979 | Reduce 0.14% | 9.23 M | $45.68 |
| Q1 2019 | -3,745 | Reduce 0.04% | 9.23 M | $48.19 |
| Q2 2019 | -170,216 | Reduce 1.84% | 9.06 M | $52.40 |
| Q3 2019 | -370,216 | Reduce 4.09% | 8.69 M | $55.34 |
| Q4 2019 | -301,231 | Reduce 3.47% | 8.38 M | $59.29 |
| Q1 2020 | +4.72 M | Add 56.26% | 13.1 M | $34.45 |
| Q2 2020 | +321,855 | Add 2.46% | 13.42 M | $36.82 |
| Q3 2020 | +3.74 M | Add 27.84% | 17.16 M | $35.85 |
| Q4 2020 | -287,259 | Reduce 1.67% | 16.87 M | $46.59 |
| Q1 2021 | +1.3 M | Add 7.69% | 18.17 M | $55.31 |
| Q2 2021 | +12,416 | Add 0.07% | 18.18 M | $56.97 |
| Q3 2021 | -289,418 | Reduce 1.59% | 17.89 M | $59.44 |
| Q4 2021 | -70,311 | Reduce 0.39% | 17.82 M | $56.17 |
| Q1 2022 | -557,493 | Reduce 3.13% | 17.27 M | $53.15 |
| Q2 2022 | -636,878 | Reduce 3.69% | 16.63 M | $46.02 |
| Q3 2022 | -204,510 | Reduce 1.23% | 16.42 M | $40.32 |
| Q4 2022 | -622,797 | Reduce 3.79% | 15.8 M | $43.61 |
| Q1 2023 | -255,574 | Reduce 1.62% | 15.55 M | $36.05 |
| Q2 2023 | -123,373 | Reduce 0.79% | 15.42 M | $33.04 |
| Q3 2023 | -81,709 | Reduce 0.53% | 15.34 M | $33.06 |
| Q4 2023 | -54,253 | Reduce 0.35% | 15.29 M | $43.28 |
| Q1 2024 | -1.1 M | Reduce 7.20% | 14.19 M | $44.70 |
| Q2 2024 | +43,437 | Add 0.31% | 14.23 M | $39.70 |
| Q3 2024 | +164,549 | Add 1.16% | 14.39 M | $45.73 |
| Q4 2024 | -17,854 | Reduce 0.12% | 14.38 M | $47.83 |
| Q1 2025 | +513,875 | Add 3.57% | 14.89 M | $42.22 |
| Q2 2025 | +4.44 M | Add 29.84% | 19.33 M | $45.25 |
| Q3 2025 | +99,925 | Add 0.52% | 19.43 M | $48.33 |
Chris Davis's US Ban Investment FAQs
Chris Davis first purchased U.S. Bancorp (USB) in Q2 2013, acquiring 494,247 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Chris Davis has held U.S. Bancorp (USB) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Chris Davis's largest addition to U.S. Bancorp (USB) was in Q2 2018, adding 9,238,565 shares worth $462.11 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Chris Davis's firm, Davis Selected Advisers, owns 19,431,562 shares of U.S. Bancorp (USB), valued at approximately $939.13 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, U.S. Bancorp (USB) represents approximately 4.90% of Chris Davis's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Chris Davis's peak holding in U.S. Bancorp (USB) was 19,431,562 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.