US Bancorp Reduces Investments in McDonald’s, Target and Wal-Mart in Q3

Wall St. Watchdog reveals information regarding US Bancorp’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 573 stocks in the Services sector at the end of the quarter with an aggregate market value of $1.707 billion.

  • Mcdonald’s Corp. (NYSE:MCD): On 06/30/2011, US Bancorp reported holding 2,547,639 shares with a market value of $214,816,920. This comprised 1.07% of the total portfolio. On 09/30/2011, US Bancorp reported holding 2,485,584 shares with a market value of $218,283,986. This comprised 1.28% of the total portfolio. The net change in shares for this position over the two quarters is -62,055. About Company: McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world.
  • Target Corp. (NYSE:TGT): On 06/30/2011, US Bancorp reported holding 2,770,293 shares with a market value of $129,954,444. This comprised 0.65% of the total portfolio. On 09/30/2011, US Bancorp reported holding 2,680,680 shares with a market value of $131,460,550. This comprised 0.77% of the total portfolio. The net change in shares for this position over the two quarters is -89,613. About Company: Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards.
  • Wal-mart Stores Inc. (NYSE:WMT): On 06/30/2011, US Bancorp reported holding 2,133,225 shares with a market value of $113,359,575. This comprised 0.56% of the total portfolio. On 09/30/2011, US Bancorp reported holding 2,034,609 shares with a market value of $105,596,210. This comprised 0.62% of the total portfolio. The net change in shares for this position over the two quarters is -98,616. About Company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.
  • Accenture Plc (NYSE:ACN): On 06/30/2011, US Bancorp reported holding 2,042,859 shares with a market value of $123,429,537. This comprised 0.61% of the total portfolio. On 09/30/2011, US Bancorp reported holding 1,939,364 shares with a market value of $102,165,696. This comprised 0.6% of the total portfolio. The net change in shares for this position over the two quarters is -103,495. About Company: Accenture PLC provides management and technology consulting services and solutions. The Company delivers a range of specialized capabilities and solutions to clients across all industries on a worldwide basis. Accenture’s network of businesses provides consulting, technology, outsourcing, and alliances.
  • Ch Robinson Worldwide Inc. (NASDAQ:CHRW): On 06/30/2011, US Bancorp reported holding 1,385,524 shares with a market value of $109,234,707. This comprised 0.54% of the total portfolio. On 09/30/2011, US Bancorp reported holding 1,380,552 shares with a market value of $94,526,397. This comprised 0.56% of the total portfolio. The net change in shares for this position over the two quarters is -4,972. About Company: C.H. Robinson Worldwide, Inc. provides multimodal transportation services and logistics solutions. The Company operates a network of offices in North America, Europe, Asia, South America, and the Middle East. C.H. Robinson provides a variety of logistics services, such as fresh produce sourcing and freight consolidation.
  • Walgreen Co. (NYSE:WAG): On 06/30/2011, US Bancorp reported holding 1,672,517 shares with a market value of $71,015,070. This comprised 0.35% of the total portfolio. On 09/30/2011, US Bancorp reported holding 1,701,636 shares with a market value of $55,966,807. This comprised 0.33% of the total portfolio. The net change in shares for this position over the two quarters is 29,119. About Company: Walgreen Company operates retail drugstores that offer a wide variety of prescription and non-prescription drugs as well as general goods. The Company operates stores in the United States, the District of Columbia, Puerto Rico and Guam. Walgreen’s also offers health services, including primary and acute care, wellness, pharmacy and disease management services and health and fitness.
  • Walt Disney Co. (NYSE:DIS): On 06/30/2011, US Bancorp reported holding 1,694,585 shares with a market value of $66,156,600. This comprised 0.33% of the total portfolio. On 09/30/2011, US Bancorp reported holding 1,670,285 shares with a market value of $50,375,795. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is -24,300. About Company: The Walt Disney Company, an entertainment company, conducts operations in media networks, studio entertainment, theme parks and resorts, consumer products, and Internet and direct marketing. The Company produces motion pictures, television programs, and musical recordings, as well as publishes books and magazines. Disney also operates ABC radio and television and theme parks.
  • Union Pacific Corporation (NYSE:UNP): On 06/30/2011, US Bancorp reported holding 599,067 shares with a market value of $62,542,596. This comprised 0.31% of the total portfolio. On 09/30/2011, US Bancorp reported holding 573,028 shares with a market value of $46,799,196. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is -26,039. About Company: Union Pacific Corporation is a rail transportation company. The Company’s railroad hauls a variety of goods, including agricultural, automotive, and chemical products. Union Pacific offers long-haul routes from all major West Coast and Gulf Coast ports to eastern gateways as well as connects with Canada’s rail systems and serves the major gateways to Mexico.
  • The Home Depot Inc. (NYSE:HD): On 06/30/2011, US Bancorp reported holding 1,439,399 shares with a market value of $52,135,034. This comprised 0.26% of the total portfolio. On 09/30/2011, US Bancorp reported holding 1,306,557 shares with a market value of $42,946,527. This comprised 0.25% of the total portfolio. The net change in shares for this position over the two quarters is -132,842. About Company: The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company’s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.
  • Costco Wholesale Corporation (NASDAQ:COST): On 06/30/2011, US Bancorp reported holding 505,777 shares with a market value of $41,089,322. This comprised 0.2% of the total portfolio. On 09/30/2011, US Bancorp reported holding 478,526 shares with a market value of $39,301,339. This comprised 0.23% of the total portfolio. The net change in shares for this position over the two quarters is -27,251. About Company: Costco Wholesale Corporation operates wholesale membership warehouses in multiple countries. The Company sells all kinds of food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, as well as other goods.

(Note: Data regarding US Bancorp’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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