Magellan Asset Management Ltd / USB
Magellan Asset Management Ltd’s US Bancorp Position
Does Magellan Asset Management Ltd own US Bancorp (USB)? Not currently — the last reported position was 1.05M shares worth $56M in Q4 2025; the fund’s latest 13F (Q1 2026) no longer reports it.
Position Value
$56M
Q4 2025
Shares
1.05M
% of Portfolio
+0.68%
Quarters Held
24
position exited
Position History USB
Reported value by quarter
| Quarter | Shares | Value | % of Portfolio |
|---|---|---|---|
| Q4 2025 | 1.05M | $56M | +0.68% |
| Q3 2025 | 1.11M | $54M | +0.64% |
| Q2 2025 | 956.3K | $43M | +0.49% |
| Q1 2025 | 23.2K | $977,815 | +0.01% |
| Q4 2024 | 2.0K | $97,812 | 0.00% |
| Q3 2024 | 2.0K | $93,518 | 0.00% |
| Q2 2024 | 975.0K | $39M | +0.37% |
| Q1 2024 | 627.9K | $28M | +0.27% |
| Q4 2023 | 578.1K | $25M | +0.25% |
| Q3 2023 | 946.8K | $31M | +0.33% |
| Q2 2023 | 1.31M | $43M | +0.39% |
| Q1 2023 | 7.76M | $280M | +2.39% |
| Q4 2022 | 7.93M | $346M | +2.96% |
| Q3 2022 | 10.80M | $435M | +3.04% |
| Q2 2022 | 13.67M | $629M | +3.43% |
| Q1 2022 | 12.90M | $686M | +2.66% |
| Q4 2021 | 147.0K | $8M | +0.02% |
| Q3 2021 | 76.3K | $5M | +0.01% |
| Q2 2021 | 41.9K | $2M | 0.00% |
| Q1 2021 | 853 | $47,000 | 0.00% |
| Q4 2020 | 853 | $40,000 | 0.00% |
| Q3 2020 | 1.9K | $69,000 | 0.00% |
| Q2 2020 | 791 | $29,000 | 0.00% |
| Q1 2020 | 791 | $27,000 | 0.00% |
Common-stock position only; options are excluded. Quarters where the fund filed no 13F or reported no position are absent. See Magellan Asset Management Ltd’s full portfolio or all institutional holders of USB.