USB ranks #133 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
USB is a top-conviction position for MUFG Bank, Ltd. — at 75.4% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in USB belongs to BlackRock, Inc., but the position matters far more to MUFG Bank, Ltd., who has 75.4% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
JPMorgan has added to its USB position for two straight quarters, increasing it by $1.1B to reach $3.7B today.
Van Eck Associates CORP has trimmed its USB position for two straight quarters, cutting it by $67.5M while still holding $189.2M.
USB is up 0.1% today, and institutions have been net buyers of $10.3B this quarter — today's price move and the underlying institutional flow are pointing the same direction.