Mairs and Power's USB Position Overview
Mairs and Power (via Mairs & Power INC) currently holds 647,980 shares of U.S. Bancorp (USB) worth $34.58 M, representing 0.33% 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, Mairs and Power has maintained a long-term strategic position in USB, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2013, adding 853,090 shares. Largest reduction occurred in Q1 2025, reducing 2.14 M shares.
Analysis based on 13F filings available since 2013 Q2
Mairs and Power's US Ban (USB) Holding Value Over Time
Track share changes against reported price movement
Quarterly US Ban (USB) Trades by Mairs and Power
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -115,757 | Reduce 15.16% | 647,980 | $53.36 |
| Q3 2025 | -306,424 | Reduce 28.63% | 763,737 | $48.33 |
| Q2 2025 | -997,454 | Reduce 48.24% | 1.07 M | $45.25 |
| Q1 2025 | -2.14 M | Reduce 50.84% | 2.07 M | $42.22 |
| Q4 2024 | -346,903 | Reduce 7.62% | 4.21 M | $47.83 |
| Q3 2024 | -606,360 | Reduce 11.75% | 4.55 M | $45.73 |
| Q2 2024 | -689,821 | Reduce 11.79% | 5.16 M | $39.70 |
| Q1 2024 | -187,781 | Reduce 3.11% | 5.85 M | $44.70 |
| Q4 2023 | -243,718 | Reduce 3.88% | 6.04 M | $43.28 |
| Q3 2023 | -744,916 | Reduce 10.60% | 6.28 M | $33.06 |
| Q2 2023 | +174,303 | Add 2.54% | 7.03 M | $33.04 |
| Q1 2023 | +217,154 | Add 3.27% | 6.85 M | $36.05 |
| Q4 2022 | -75,731 | Reduce 1.13% | 6.63 M | $43.61 |
| Q3 2022 | +38,434 | Add 0.58% | 6.71 M | $40.32 |
| Q2 2022 | -51,111 | Reduce 0.76% | 6.67 M | $46.02 |
| Q1 2022 | -199 | Reduce 0.00% | 6.72 M | $53.15 |
| Q4 2021 | +202,562 | Add 3.11% | 6.72 M | $56.17 |
| Q3 2021 | +7,371 | Add 0.11% | 6.52 M | $59.44 |
| Q2 2021 | -348,651 | Reduce 5.08% | 6.51 M | $56.97 |
| Q1 2021 | -879,428 | Reduce 11.36% | 6.86 M | $55.31 |
| Q4 2020 | -89,454 | Reduce 1.14% | 7.74 M | $46.59 |
| Q3 2020 | -4,648 | Reduce 0.06% | 7.83 M | $35.85 |
| Q2 2020 | +789,101 | Add 11.20% | 7.84 M | $36.82 |
| Q1 2020 | +518,514 | Add 7.94% | 7.05 M | $34.45 |
| Q4 2019 | -35,000 | Reduce 0.53% | 6.53 M | $59.29 |
| Q3 2019 | -73,838 | Reduce 1.11% | 6.56 M | $55.34 |
| Q2 2019 | +31,498 | Add 0.48% | 6.64 M | $52.40 |
| Q1 2019 | -70,149 | Reduce 1.05% | 6.6 M | $48.19 |
| Q4 2018 | +3,660 | Add 0.05% | 6.68 M | $45.70 |
| Q3 2018 | +43,306 | Add 0.65% | 6.67 M | $52.81 |
| Q2 2018 | -60,269 | Reduce 0.90% | 6.63 M | $50.02 |
| Q1 2018 | +72,127 | Add 1.09% | 6.69 M | $50.50 |
| Q4 2017 | +8,868 | Add 0.13% | 6.62 M | $53.58 |
| Q3 2017 | +22,293 | Add 0.34% | 6.61 M | $53.59 |
| Q2 2017 | +23,605 | Add 0.36% | 6.59 M | $51.92 |
| Q1 2017 | -53,801 | Reduce 0.81% | 6.56 M | $51.50 |
| Q4 2016 | -365,934 | Reduce 5.24% | 6.62 M | $51.37 |
| Q3 2016 | +24,150 | Add 0.35% | 6.98 M | $42.89 |
| Q2 2016 | +332,521 | Add 5.02% | 6.96 M | $40.33 |
| Q1 2016 | +334,212 | Add 5.31% | 6.62 M | $40.59 |
| Q4 2015 | +56,167 | Add 0.90% | 6.29 M | $42.67 |
| Q3 2015 | +3,528 | Add 0.06% | 6.23 M | $41.01 |
| Q2 2015 | +35,314 | Add 0.57% | 6.23 M | $43.40 |
| Q1 2015 | +223,967 | Add 3.75% | 6.2 M | $43.67 |
| Q4 2014 | -3,409 | Reduce 0.06% | 5.97 M | $44.95 |
| Q3 2014 | -10,826 | Reduce 0.18% | 5.97 M | $41.83 |
| Q2 2014 | -6,730 | Reduce 0.11% | 5.99 M | $43.32 |
| Q1 2014 | +47,046 | Add 0.79% | 5.99 M | $42.86 |
| Q4 2013 | +230,020 | Add 4.02% | 5.95 M | $40.40 |
| Q3 2013 | +853,090 | Add 17.55% | 5.72 M | $36.58 |
| Q2 2013 | +4.86 M | Add 0.00% | 4.86 M | $36.15 |
Mairs and Power's US Ban Investment FAQs
Mairs and Power first purchased U.S. Bancorp (USB) in Q2 2013, acquiring 4,862,104 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mairs and Power has held U.S. Bancorp (USB) for 51 quarters since Q2 2013.
Mairs and Power's largest addition to U.S. Bancorp (USB) was in Q2 2013, adding 4,862,104 shares worth $175.76 M.
According to the latest 13F filing for Q4 2025, Mairs and Power's firm, Mairs & Power INC, owns 647,980 shares of U.S. Bancorp (USB), valued at approximately $34.58 M.
As of the Q4 2025 filing, U.S. Bancorp (USB) represents approximately 0.33% of Mairs and Power's publicly disclosed stock portfolio, making it one of their key holdings.
Mairs and Power's peak holding in U.S. Bancorp (USB) was 7,835,135 shares, as reported at the end of Q2 2020.