First Eagle Investment's USB Position Overview
First Eagle Investment (via First Eagle Investment Management, LLC) currently holds 8.82 M shares of U.S. Bancorp (USB) worth $470.55 M, representing 0.83% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, First Eagle Investment has maintained a long-term strategic position in USB, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2022, adding 293,169 shares. Largest reduction occurred in Q2 2020, reducing 1.55 M shares.
Analysis based on 13F filings available since 2013 Q2
First Eagle Investment's US Ban (USB) Holding Value Over Time
Track share changes against reported price movement
Quarterly US Ban (USB) Trades by First Eagle Investment
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +45,066 | Add 0.51% | 8.82 M | $53.36 |
| Q3 2025 | +8,907 | Add 0.10% | 8.77 M | $48.33 |
| Q2 2025 | -126,827 | Reduce 1.43% | 8.76 M | $45.25 |
| Q1 2025 | +15,295 | Add 0.17% | 8.89 M | $42.22 |
| Q4 2024 | -34,663 | Reduce 0.39% | 8.88 M | $47.83 |
| Q3 2024 | +4,163 | Add 0.05% | 8.91 M | $45.73 |
| Q2 2024 | -15,288 | Reduce 0.17% | 8.91 M | $39.70 |
| Q1 2024 | +23,826 | Add 0.27% | 8.92 M | $44.70 |
| Q4 2023 | -36,984 | Reduce 0.41% | 8.9 M | $43.28 |
| Q3 2023 | -160,908 | Reduce 1.77% | 8.93 M | $33.06 |
| Q2 2023 | -44,627 | Reduce 0.49% | 9.1 M | $33.04 |
| Q1 2023 | -730,471 | Reduce 7.40% | 9.14 M | $36.05 |
| Q4 2022 | +293,169 | Add 3.06% | 9.87 M | $43.61 |
| Q3 2022 | +35,835 | Add 0.38% | 9.58 M | $40.32 |
| Q2 2022 | +16,825 | Add 0.18% | 9.54 M | $46.02 |
| Q1 2022 | +67,737 | Add 0.72% | 9.53 M | $53.15 |
| Q4 2021 | -83,415 | Reduce 0.87% | 9.46 M | $56.17 |
| Q3 2021 | -105,902 | Reduce 1.10% | 9.54 M | $59.44 |
| Q2 2021 | -135,505 | Reduce 1.39% | 9.65 M | $56.97 |
| Q1 2021 | -197,064 | Reduce 1.97% | 9.78 M | $55.31 |
| Q4 2020 | -36,252 | Reduce 0.36% | 9.98 M | $46.59 |
| Q3 2020 | -137,271 | Reduce 1.35% | 10.02 M | $35.85 |
| Q2 2020 | -1.55 M | Reduce 13.25% | 10.15 M | $36.82 |
| Q1 2020 | +129,034 | Add 1.11% | 11.7 M | $34.45 |
| Q4 2019 | -60,114 | Reduce 0.52% | 11.57 M | $59.29 |
| Q3 2019 | -88,398 | Reduce 0.75% | 11.63 M | $55.34 |
| Q2 2019 | -102,425 | Reduce 0.87% | 11.72 M | $52.40 |
| Q1 2019 | -53,388 | Reduce 0.45% | 11.83 M | $48.19 |
| Q4 2018 | +124,776 | Add 1.06% | 11.88 M | $45.70 |
| Q3 2018 | +8,235 | Add 0.07% | 11.75 M | $52.81 |
| Q2 2018 | -20,738 | Reduce 0.18% | 11.75 M | $50.02 |
| Q1 2018 | -47,589 | Reduce 0.40% | 11.77 M | $50.50 |
| Q4 2017 | -87,596 | Reduce 0.74% | 11.81 M | $53.58 |
| Q3 2017 | +276,373 | Add 2.38% | 11.9 M | $53.59 |
| Q2 2017 | +118,063 | Add 1.03% | 11.63 M | $51.92 |
| Q1 2017 | +152,202 | Add 1.34% | 11.51 M | $51.50 |
| Q4 2016 | +10,286 | Add 0.09% | 11.36 M | $51.37 |
| Q3 2016 | -12,607 | Reduce 0.11% | 11.35 M | $42.89 |
| Q2 2016 | +28,985 | Add 0.26% | 11.36 M | $40.33 |
| Q1 2016 | +38,506 | Add 0.34% | 11.33 M | $40.59 |
| Q4 2015 | -119,408 | Reduce 1.05% | 11.29 M | $42.67 |
| Q3 2015 | -169,824 | Reduce 1.47% | 11.41 M | $41.01 |
| Q2 2015 | -147,147 | Reduce 1.25% | 11.58 M | $43.40 |
| Q1 2015 | +76,135 | Add 0.65% | 11.73 M | $43.67 |
| Q4 2014 | +12,235 | Add 0.11% | 11.65 M | $44.95 |
| Q3 2014 | +182,301 | Add 1.59% | 11.64 M | $41.83 |
| Q2 2014 | +54,825 | Add 0.48% | 11.46 M | $43.32 |
| Q1 2014 | +71,304 | Add 0.63% | 11.4 M | $42.86 |
| Q4 2013 | +84,525 | Add 0.75% | 11.33 M | $40.40 |
| Q3 2013 | +142,996 | Add 1.29% | 11.25 M | $36.58 |
| Q2 2013 | +11.1 M | Add 0.00% | 11.1 M | $36.15 |
First Eagle Investment's US Ban Investment FAQs
First Eagle Investment first purchased U.S. Bancorp (USB) in Q2 2013, acquiring 11,102,190 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
First Eagle Investment has held U.S. Bancorp (USB) for 51 quarters since Q2 2013.
First Eagle Investment's largest addition to U.S. Bancorp (USB) was in Q2 2013, adding 11,102,190 shares worth $401.34 M.
According to the latest 13F filing for Q4 2025, First Eagle Investment's firm, First Eagle Investment Management, LLC, owns 8,818,344 shares of U.S. Bancorp (USB), valued at approximately $470.55 M.
As of the Q4 2025 filing, U.S. Bancorp (USB) represents approximately 0.83% of First Eagle Investment's publicly disclosed stock portfolio, making it one of their key holdings.
First Eagle Investment's peak holding in U.S. Bancorp (USB) was 11,901,940 shares, as reported at the end of Q3 2017.