Ken Fisher's USB Position Overview
Ken Fisher (via Fisher Asset Management, LLC) currently holds 4.9 M shares of U.S. Bancorp (USB) worth $261.47 M, representing 0.09% 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, Ken Fisher has maintained a long-term strategic position in USB, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2023, adding 4.54 M shares. Largest reduction occurred in Q1 2017, reducing 501,019 shares.
Analysis based on 13F filings available since 2013 Q2
Ken Fisher's US Ban (USB) Holding Value Over Time
Track share changes against reported price movement
Quarterly US Ban (USB) Trades by Ken Fisher
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -180,778 | Reduce 3.56% | 4.9 M | $53.36 |
| Q3 2025 | -184,911 | Reduce 3.51% | 5.08 M | $48.33 |
| Q2 2025 | -251,435 | Reduce 4.56% | 5.27 M | $45.25 |
| Q1 2025 | +631,471 | Add 12.92% | 5.52 M | $42.22 |
| Q4 2024 | +398,959 | Add 8.89% | 4.89 M | $47.83 |
| Q3 2024 | +8,283 | Add 0.18% | 4.49 M | $45.73 |
| Q2 2024 | -22,036 | Reduce 0.49% | 4.48 M | $39.70 |
| Q1 2024 | -194,439 | Reduce 4.14% | 4.5 M | $44.70 |
| Q4 2023 | +44,484 | Add 0.96% | 4.7 M | $43.28 |
| Q3 2023 | +4.54 M | Add 4130.36% | 4.65 M | $33.06 |
| Q2 2023 | +4,975 | Add 4.74% | 109,933 | $33.04 |
| Q1 2023 | -1,767 | Reduce 1.66% | 104,958 | $36.14 |
| Q4 2022 | +23,924 | Add 28.89% | 106,725 | $43.61 |
| Q3 2022 | +2,840 | Add 3.55% | 82,801 | $40.33 |
| Q2 2022 | -1,577 | Reduce 1.93% | 79,961 | $46.02 |
| Q1 2022 | +4,710 | Add 6.13% | 81,538 | $53.15 |
| Q4 2021 | +5,926 | Add 8.36% | 76,828 | $56.16 |
| Q3 2021 | +2,222 | Add 3.24% | 70,902 | $59.43 |
| Q2 2021 | -74 | Reduce 0.11% | 68,680 | $56.97 |
| Q1 2021 | -683 | Reduce 0.98% | 68,754 | $55.31 |
| Q4 2020 | +6,450 | Add 10.24% | 69,437 | $46.59 |
| Q3 2020 | -49,582 | Reduce 44.05% | 62,987 | $35.85 |
| Q2 2020 | +25,313 | Add 29.01% | 112,569 | $36.82 |
| Q1 2020 | -9,848 | Reduce 10.14% | 87,256 | $34.45 |
| Q4 2019 | +3,400 | Add 3.63% | 97,104 | $59.29 |
| Q3 2019 | -7,315 | Reduce 7.24% | 93,704 | $55.34 |
| Q2 2019 | +3,784 | Add 3.89% | 101,019 | $52.40 |
| Q1 2019 | -1,903 | Reduce 1.92% | 97,235 | $48.19 |
| Q4 2018 | -7,129 | Reduce 6.71% | 99,138 | $45.70 |
| Q3 2018 | +63 | Add 0.06% | 106,267 | $52.81 |
| Q2 2018 | -1,929 | Reduce 1.78% | 106,204 | $50.02 |
| Q1 2018 | -2,697 | Reduce 2.43% | 108,133 | $50.50 |
| Q4 2017 | -77,195 | Reduce 41.06% | 110,830 | $53.58 |
| Q3 2017 | -15,813 | Reduce 7.76% | 188,025 | $53.59 |
| Q2 2017 | -112,713 | Reduce 35.61% | 203,838 | $51.92 |
| Q1 2017 | -501,019 | Reduce 61.28% | 316,551 | $51.50 |
| Q4 2016 | +1,840 | Add 0.23% | 817,570 | $51.37 |
| Q3 2016 | +242,677 | Add 42.35% | 815,730 | $42.89 |
| Q2 2016 | -13,811 | Reduce 2.35% | 573,053 | $40.30 |
| Q1 2016 | -100,740 | Reduce 14.65% | 586,864 | $41.10 |
| Q4 2015 | +19,040 | Add 2.85% | 687,604 | $42.67 |
| Q3 2015 | -103,642 | Reduce 13.42% | 668,564 | $41.01 |
| Q2 2015 | -222,784 | Reduce 22.39% | 772,206 | $43.40 |
| Q1 2015 | +8,198 | Add 0.83% | 994,990 | $43.67 |
| Q4 2014 | +13,285 | Add 1.36% | 986,792 | $44.95 |
| Q3 2014 | -120,960 | Reduce 11.05% | 973,507 | $41.83 |
| Q2 2014 | +1.09 M | Add 14806.93% | 1.09 M | $43.32 |
| Q1 2014 | +1,204 | Add 19.62% | 7,342 | $42.90 |
| Q4 2013 | -1,795 | Reduce 22.63% | 6,138 | $40.40 |
| Q3 2013 | -556 | Reduce 6.55% | 7,933 | $36.56 |
| Q2 2013 | +8,489 | Add 0.00% | 8,489 | $36.16 |
Ken Fisher's US Ban Investment FAQs
Ken Fisher first purchased U.S. Bancorp (USB) in Q2 2013, acquiring 8,489 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ken Fisher has held U.S. Bancorp (USB) for 51 quarters since Q2 2013.
Ken Fisher's largest addition to U.S. Bancorp (USB) was in Q3 2023, adding 4,650,565 shares worth $153.75 M.
According to the latest 13F filing for Q4 2025, Ken Fisher's firm, Fisher Asset Management, LLC, owns 4,900,163 shares of U.S. Bancorp (USB), valued at approximately $261.47 M.
As of the Q4 2025 filing, U.S. Bancorp (USB) represents approximately 0.09% of Ken Fisher's publicly disclosed stock portfolio, making it one of their key holdings.
Ken Fisher's peak holding in U.S. Bancorp (USB) was 5,517,287 shares, as reported at the end of Q1 2025.