US Bancorp DE Reduces Comcast Holdings

Institutional investor sells over 200,000 shares of cable giant

Feb. 27, 2026 at 1:26pm

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US Bancorp DE, a major institutional investor, reduced its holdings in Comcast Corporation (NASDAQ:CMCSA) by 9.6% during the third quarter, according to a recent SEC filing. The firm sold 217,899 shares of the cable company's stock, leaving it with a remaining position of 2,045,589 shares worth approximately $64 million.

Why it matters

Institutional investors like US Bancorp DE closely monitor and adjust their holdings in major companies like Comcast. Their trading activity can provide insights into the investment community's sentiment and outlook for a stock.

The details

According to the 13F filing, US Bancorp DE sold the Comcast shares during the third quarter of the year. The firm now owns approximately 0.06% of Comcast's outstanding stock. Other major institutional investors in Comcast include Dodge & Cox, First Trust Advisors, and State Street Corp.

  • US Bancorp DE filed the 13F disclosure for the third quarter of 2026.

The players

US Bancorp DE

A major institutional investor and asset management firm.

Comcast Corporation

A diversified global media and technology company headquartered in Philadelphia, Pennsylvania.

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The takeaway

The reduction in US Bancorp DE's Comcast holdings suggests the investment firm may have a more cautious outlook on the cable company's prospects compared to other major institutional investors who have maintained or increased their positions.