Andra AP fonden Increases Stake in U.S. Bancorp

Financial firm raises holdings in major bank by 9.1% in Q3

Published on Feb. 28, 2026

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Andra AP fonden, a Swedish pension fund, increased its stake in U.S. Bancorp (NYSE: USB) by 9.1% during the third quarter of 2025, according to a recent SEC filing. The firm now owns 500,000 shares of the financial services provider's stock, valued at $24.17 million.

Why it matters

U.S. Bancorp is one of the largest banks in the United States, with a significant presence in the Midwest region. Andra AP fonden's increased investment signals confidence in the bank's performance and growth potential, which could be of interest to other investors.

The details

According to the SEC filing, Andra AP fonden acquired an additional 41,600 shares of U.S. Bancorp during the third quarter, bringing its total holdings to 500,000 shares. The pension fund's investment in U.S. Bancorp is part of its broader strategy to diversify its portfolio and capitalize on the growth of the financial services sector.

  • Andra AP fonden filed the SEC report on February 28, 2026.
  • The firm increased its U.S. Bancorp holdings during the third quarter of 2025.

The players

Andra AP fonden

A Swedish pension fund that manages assets on behalf of the Swedish public pension system.

U.S. Bancorp

A major American financial services company and the parent of U.S. Bank, one of the largest commercial banks in the United States.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Andra AP fonden's increased investment in U.S. Bancorp reflects the pension fund's confidence in the bank's long-term growth prospects, which could be a positive signal for other investors considering exposure to the financial services sector.