US BANCORP \DE\ - Major Shareholding Notification 2021

SC 13G/A 1 d113978dsc13ga.htm SC 13G/A SC 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No. 7)*

U.S. BANCORP

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

902973304

(CUSIP Number)

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1 (b)

☐ Rule 13d-1 (c)

☐ Rule 13d-1 (d)

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

CUSIP No. 902973304 13G Page 2 of 45 Pages

1	NAME OF REPORTING PERSON Warren E. Buffett
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION United States
Citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER 684,230 shares of Common Stock
6	SHARED VOTING POWER 148,766,441 shares of Common Stock
7	SOLE DISPOSITIVE POWER 684,230 shares of Common Stock
8	SHARED DISPOSITIVE POWER 148,766,441 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 149,450,671 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not Applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 9.9%
12	TYPE OF REPORTING
PERSON IN

CUSIP No. 902973304 13G Page 3 of 45 Pages

1	NAME OF REPORTING PERSON Berkshire Hathaway Inc.
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 148,766,441 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 148,766,441 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 148,766,441 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 9.9%
12	TYPE OF REPORTING
PERSON HC, CO

CUSIP No. 902973304 13G Page 4 of 45 Pages

1	NAME OF REPORTING PERSON National Indemnity Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 92,327,823 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 92,327,823 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 92,327,823 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 6.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 5 of 45 Pages

1	NAME OF REPORTING PERSON Columbia Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 32,685,900 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 32,685,900 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 32,685,900 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 2.2%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 6 of 45 Pages

1	NAME OF REPORTING PERSON National Indemnity Company of the South
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Iowa

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 297,600 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 297,600 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 297,600 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 7 of 45 Pages

1	NAME OF REPORTING PERSON Redwood Fire and Casualty Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 3,050,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 3,050,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,050,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.2%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 8 of 45 Pages

1	NAME OF REPORTING PERSON GEICO Corporation
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 12,679,300 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 12,679,300 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,679,300 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.8%
12	TYPE OF REPORTING
PERSON HC, CO

CUSIP No. 902973304 13G Page 9 of 45 Pages

1	NAME OF REPORTING PERSON Government Employees Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 8,191,300 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 8,191,300 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,191,300 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.5%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 10 of 45 Pages

1	NAME OF REPORTING PERSON General Re Corporation
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 17,628,443 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 17,628,443 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,628,443 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 1.2%
12	TYPE OF REPORTING
PERSON HC, CO

CUSIP No. 902973304 13G Page 11 of 45 Pages

1	NAME OF REPORTING PERSON General Reinsurance Corporation
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 17,628,443 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 17,628,443 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,628,443 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 1.2%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 12 of 45 Pages

1	NAME OF REPORTING PERSON U.S. Investment Corporation
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 1,745,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 1,745,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,745,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.1%
12	TYPE OF REPORTING
PERSON HC, CO

CUSIP No. 902973304 13G Page 13 of 45 Pages

1	NAME OF REPORTING PERSON Mount Vernon Fire Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 585,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 585,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 585,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 14 of 45 Pages

1	NAME OF REPORTING PERSON U.S. Underwriters Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of North
Dakota

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 175,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 175,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 175,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 15 of 45 Pages

1	NAME OF REPORTING PERSON The Medical Protective Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Indiana

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 4,204,800 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 4,204,800 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,204,800 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 16 of 45 Pages

1	NAME OF REPORTING PERSON United States Liability Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 985,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 985,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 985,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 17 of 45 Pages

1	NAME OF REPORTING PERSON MedPro Group Inc.
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Indiana

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 4,204,800 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 4,204,800 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,204,800 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING
PERSON HC, CO

CUSIP No. 902973304 13G Page 18 of 45 Pages

1	NAME OF REPORTING PERSON Benjamin Moore Pension Trust
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of New
Jersey

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 590,275 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 590,275 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 590,275 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON EP

CUSIP No. 902973304 13G Page 19 of 45 Pages

1	NAME OF REPORTING PERSON Berkshire Hathaway Assurance Corporation
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of New
York

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 4,173,800 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 4,173,800 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,173,800 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 20 of 45 Pages

1	NAME OF REPORTING PERSON Berkshire Hathaway Homestate Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 3,850,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 3,850,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,850,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 21 of 45 Pages

1	NAME OF REPORTING PERSON National Indemnity Company of MidAmerica
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Iowa

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 474,300 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 474,300 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 474,300 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 22 of 45 Pages

1	NAME OF REPORTING PERSON GEICO Indemnity Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 4,488,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 4,488,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,488,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 23 of 45 Pages

1	NAME OF REPORTING PERSON Berkshire Hathaway Specialty Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 9,151,626 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 9,151,626 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,151,626 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.6%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 24 of 45 Pages

1	NAME OF REPORTING PERSON General Star Indemnity Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 1,400,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 1,400,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,400,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 25 of 45 Pages

1	NAME OF REPORTING PERSON NorGUARD Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 767,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 767,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 767,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 26 of 45 Pages

1	NAME OF REPORTING PERSON WestGUARD Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 221,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 221,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 221,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 27 of 45 Pages

1	NAME OF REPORTING PERSON NRG America Holding Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 495,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 495,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 495,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON HC, CO

CUSIP No. 902973304 13G Page 28 of 45 Pages

1	NAME OF REPORTING PERSON Am Guard Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 500,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 500,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 500,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 29 of 45 Pages

1	NAME OF REPORTING PERSON Cypress Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
California

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 1,175,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 1,175,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,175,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 30 of 45 Pages

1	NAME OF REPORTING PERSON Berkshire Hathaway Life Insurance Company of Nebraska
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 3,912,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 3,912,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,912,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 31 of 45 Pages

1	NAME OF REPORTING PERSON BHG Life Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 928,500 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 928,500 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 928,500 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 32 of 45 Pages

1	NAME OF REPORTING PERSON General Star National Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 136,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 136,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 136,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 33 of 45 Pages

1	NAME OF REPORTING PERSON Genesis Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 106,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 106,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 34 of 45 Pages

1	NAME OF REPORTING PERSON National Fire & Marine Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 3,789,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 3,789,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,789,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 35 of 45 Pages

1	NAME OF REPORTING PERSON East GUARD Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 200,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 200,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 36 of 45 Pages

1	NAME OF REPORTING PERSON MPP Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Kansas

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 388,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 388,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 388,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON CO

CUSIP No. 902973304 13G Page 37 of 45 Pages

1	NAME OF REPORTING PERSON British Insurance Company of Cayman
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION The Cayman
Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 476,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 476,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 476,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 38 of 45 Pages

1	NAME OF REPORTING PERSON Old United Casualty Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Kansas

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 259,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 259,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 259,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

CUSIP No. 902973304 13G Page 39 of 45 Pages

1	NAME OF REPORTING PERSON Berkshire Hathaway Direct Insurance Company
2	CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 29,000 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 29,000 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 29,000 shares of Common Stock
10	CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable.
11	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING
PERSON IC, CO

SCHEDULE 13G Page 40 of 45 Pages

Item 1.

(a) Name of Issuer

U.S. Bancorp

(b) Address of Issuers Principal Executive Offices

800 Nicollett Mall, Minneapolis, MN 55402

Item 2(a). Name of Person Filing:

Item 2(b). Address of Principal Business Office:

Item 2(c). Citizenship:

Warren E. Buffett 3555 Farnam Street Omaha, Nebraska 68131 United States citizen	Berkshire Hathaway Inc. 3555 Farnam Street Omaha, Nebraska 68131 Delaware
National Indemnity Company 1314 Douglas
Street Omaha, Nebraska 68102 Nebraska	National Indemnity Company of the South 1314
Douglas Street Omaha, NE 68102 Iowa
Berkshire Hathaway Direct Insurance Company 1314 Douglas Street Omaha, Nebraska 68102 Nebraska	Redwood Fire & Casualty Insurance Company 1314 Douglas Street Omaha, NE 68102 Nebraska
Columbia Insurance Company 1314 Douglas Street Omaha, Nebraska 68102 Nebraska	GEICO Corporation One GEICO Plaza Washington, DC 20076 Delaware
General Re Corporation 120 Long Ridge Road Stamford, CT 06902 Delaware	Government Employees Insurance Company One GEICO Plaza Washington, DC 20076 Nebraska
	General Star Indemnity Company 120 Long Ridge Road Stamford, CT 06902 Delaware

Page 41 of 45 Pages

| Am Guard Insurance Company c/o Berkshire
Hathaway Guard P.O. Box A-H Wilkes-Barre, PA 18703 Pennsylvania | Berkshire Hathaway Specialty Insurance Company 1314 Douglas Street Omaha, NE 68102 Nebraska |
| --- | --- |
| U.S. Investment Corporation 190 South Warner
Road Wayne, PA 19087 Pennsylvania | General Reinsurance Corporation 120 Long Ridge
Road Stamford, CT 06902 Delaware |
| Mount Vernon Fire Insurance Company 190 South
Warner Road Wayne, PA 19087 Pennsylvania | U.S. Underwriters Insurance Company 190 South
Warner Road Wayne, PA 19087 North Dakota |
| United States Liability Insurance Company 190 South Warner Road Wayne, PA 19087 Pennsylvania | MedPro Group Inc. 5814 Reed Road Ft. Wayne, IN 48635 Indiana |
| The Medical Protective Company 5814 Reed
Road Ft. Wayne, IN 48635 Indiana | Benjamin Moore Pension Trust c/o Benjamin
Moore & Co. 51 Chestnut Ridge Road Montvale, New
Jersey 07645 New Jersey |
| Berkshire Hathaway Assurance Corporation 1314 Douglas Street Omaha, NE 68102 New
York | Berkshire Hathaway Homestate Insurance Company 1314 Douglas Street Omaha, NE 68102 Nebraska |
| National Indemnity Company of Mid America 1314 Douglas Street Omaha, NE 68102 Iowa | GEICO Indemnity Company 5260 Western Ave. Chevy Chase, MD 20815 Nebraska |
| NorGUARD Insurance Company c/o Berkshire Hathaway Guard P.O. Box A-H Wilkes Barre, PA 18703 Pennsylvania | NRG America Holding Company 1314 Douglas Street Omaha, NE 68102 Delaware |
| WestGUARD Insurance Company c/o Berkshire Hathaway GUARD P.O. Box A-H Wilkes Barre, PA 18703 Pennsylvania | Cypress Insurance Company 525 Market Street San Francisco, CA 94105 California |

Page 42 of 45 Pages

| Berkshire Hathaway Life Insurance Company of Nebraska 1314 Douglas Street Omaha, NE 68102 Nebraska corporation | BHG Life Insurance Company 1314 Douglas
Street Omaha, NE 68102 Nebraska corporation |
| --- | --- |
| Genesis Insurance Company 120 Long Ridge
Road Stamford, CT 06902 Delaware corporation | National Fire & Marine Insurance Company 1314 Douglas Street Omaha, NE 68102 Nebraska corporation |
| Old United Casualty Company 8500 Shawnee Mission Parkway Merriam, KS 66202 Kansas corporation | General Star National Insurance Company 120 Long Ridge Road Stamford, CT 06902 Delaware corporation |
| East GUARD Insurance Company 16 S. River Street Wilkes-Barre, PA 18703 Pennsylvania corporation | British Insurance Company of Cayman 1314 Douglas Street Omaha, NE 68102 The Cayman Islands corporation |
| MPP Company 8500 Shawnee Mission Parkway Merriam, KS 66202 Kansas corporation | |

Page 43 of 45 Pages

(d) Title of Class of Securities

Common Stock

(e) CUSIP Number

902973304

Item 3. If this statement is filed pursuant to § 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.), Berkshire Hathaway Inc., GEICO Corporation, General Re Corporation, U.S. Investment Corporation, MedPro Group Inc. and NRG America Holding Company are each a Parent Holding Company or Control Person, in accordance with § 240 . 13d-1(b)(1)(ii)(G).

National Indemnity Company, Berkshire Hathaway Direct Insurance Company, Columbia Insurance Company, National Indemnity Company of the South, Redwood Fire and Casualty Insurance Company, Government Employees Insurance Company, General Reinsurance Corporation, Mount Vernon Insurance Company, U.S. Underwriters Insurance Company, United States Liability Insurance Company, The Medical Protective Company, Berkshire Hathaway Assurance Corporation, Berkshire Hathaway Homestate Insurance Company, National Indemnity Company of Mid America, GEICO Indemnity Company, Berkshire Hathaway Specialty Insurance Company, General Star Indemnity Company, NorGUARD Insurance Company, WestGUARD Insurance Company, Am Guard Insurance Company, Cypress Insurance Company, Berkshire Hathaway Life Insurance Company of Nebraska, BHG Life Insurance Company, British Insurance Company of Cayman, General Star National Insurance Company, Genesis Insurance Company, National Fire & Marine Insurance Company, East GUARD Insurance Company and Old United Casualty Company are each an Insurance Company as defined in section 3(a)(19) of the Act.

Benjamin Moore Pension Trust is an Employee Benefit Plan in accordance with § 240.13d-1(b)(1)(ii)(F).

The Reporting Persons together are a group in accordance with § 240.13d-1(b)(i)(ii)(K).

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned

See the Cover Pages for each of the Reporting Persons.

(b) Percent of class

See the Cover Pages for each of the Reporting Persons.

(i) sole power to vote or to direct the vote

(ii) shared power to vote or to direct the vote

(iii) sole power to dispose or to direct the disposition of

(iv) shared power to dispose or to direct the disposition of

See the Cover Pages for each of the Reporting Persons .

Page 44 of 45 Pages

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

See Exhibit A.

Item 8. Identification and Classification of Members of the Group.

Not Applicable.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

Page 45 of 45 Pages

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 16th day of February, 2021

/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC.
By:	/s/ Warren E. Buffett
	Warren E. Buffett
	Chairman of the Board

NATIONAL INDEMNITY COMPANY,
NATIONAL FIRE AND MARINE INSURANCE
COMPANY, COLUMBIA INSURANCE
COMPANY, NATIONAL INDEMNITY
COMPANY OF THE SOUTH, REDWOOD FIRE
AND CASUALTY INSURANCE COMPANY,
GEICO CORPORATION, GOVERNMENT
EMPLOYEES INSURANCE CORPORATION,
GENERAL RE CORPORATION, GENERAL
REINSURANCE CORPORATION,
U.S. INVESTMENT CORPORATION, MOUNT
VERNON FIRE INSURANCE COMPANY, U.S.
UNDERWRITERS INSURANCE COMPANY,
UNITED STATES LIABILITY INSURANCE
COMPANY, MEDICAL PROTECTIVE
CORPORATION, THE MEDICAL PROTECTIVE
COMPANY, BENJAMIN MOORE PENSION
TRUST, BERKSHIRE HATHAWAY
ASSURANCE CORPORATION, BERKSHIRE
HATHAWAY HOMESTATE INSURANCE
COMPANY, NATIONAL INDEMNITY
COMPANY OF MID AMERICA, GEICO
INDEMNITY COMPANY AND BERKSHIRE
HATHAWAY SPECIALTY INSURANCE
COMPANY, GENERAL STAR INDEMNITY
COMPANY, AM GUARD INSURANCE
COMPANY, NRG AMERICA HOLDING
COMPANY, NORGUARD INSURANCE
COMPANY, WESTGUARD INSURANCE
COMPANY; CYPRESS INSURANCE
COMPANY, BERKSHIRE HATHAWAY DIRECT
INSURANCE COMPANY, BERKSHIRE
HATHAWAY LIFE INSURANCE COMPANY OF
NEBRASKA, BHG LIFE INSURANCE
COMPANY, BRITISH INSURANCE COMPANY
OF CAYMAN, GENERAL STAR NATIONAL
INSURANCE COMPANY, GENESIS
INSURANCE COMPANY, NATIONAL FIRE &
MARINE INSURANCE COMPANY, EAST
GUARD INSURANCE COMPANY, MPP
COMPANY AND OLD UNITED CASUALTY
COMPANY

By:
Warren E. Buffett
Attorney-in-Fact

SCHEDULE 13G

EXHIBIT A

RELEVANT SUBSIDIARIES AND MEMBERS OF FILING GROUP

PARENT HOLDING COMPANIES OR CONTROL PERSONS:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.)

Berkshire Hathaway Inc.

GEICO Corporation

General Re Corporation

U.S. Investment Corporation

MedPro Group Inc.

NRG America Holding Company

INSURANCE COMPANIES AS DEFINED IN SECTION 3(a)(19) OF THE ACT:

National Indemnity Company

National Fire & Marine Insurance Company

Columbia Insurance Company

National Indemnity Company of the South

Redwood Fire and Casualty Company

Government Employees Insurance Company

General Reinsurance Corporation

Mount Vernon Fire Insurance Company

U.S. Underwriters Insurance Company

United States Liability Insurance Company

The Medical Protective Company

Berkshire Hathaway Assurance Corporation

Berkshire Hathaway Homestate Insurance Company

National Indemnity Company of Mid America

GEICO Indemnity Company

General Star Indemnity Company

Am Guard Insurance Company

Berkshire Hathaway Specialty Insurance Company

Berkshire Hathaway Direct Insurance Company

NorGUARD Insurance Company

WestGUARD Insurance Company

Cypress Insurance Company

Berkshire Hathaway Life Insurance Company of Nebraska

BHG Life Insurance Company

British Insurance Company of Cayman

General Star National Insurance Company

Genesis Insurance Company

National Fire & Marine Insurance Company

East GUARD Insurance Company

Old United Casualty Company

EMPLOYEE BENEFIT PLANS IN ACCORDANCE WITH 13d-1-(b)(1)(ii)(F)

Benjamin Moore Pension Trust

Note: No Common Stock of U.S. Bancorp is held directly by Berkshire Hathaway Inc. 684,230 shares of Common Stock of U.S. Bancorp are held directly by Warren E. Buffett, an individual who may be deemed to control Berkshire Hathaway Inc. 883,000 shares or less than 0.1% of the Common Stock of U.S. Bancorp are held directly by MPP Company and NRG America Holding Company none of which are persons specified in Rule 13d-1(b)(1)(ii)(A) through (J).

SCHEDULE 13G

EXHIBIT B

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)

AND POWER OF ATTORNEY

The undersigned persons hereby agree that reports on Schedule 13G, and amendments thereto, with respect to the Common Stock of U.S. Bancorp may be filed in a single statement on behalf of each of such persons, and further, each of such persons designates Warren E. Buffett as its agent and Attorney-in-Fact for the purpose of executing any and all Schedule 13G filings required to be made by it with the Securities and Exchange Commission.

Dated: February 16, 2021	/S/ Warren E. Buffett
	Warren E. Buffett
	Berkshire Hathaway Inc.
Dated: February 16, 2021	/S/ Warren E. Buffett
	By: Warren E. Buffett
	Title: Chairman of the Board
	National Indemnity Company
Dated: February 16, 2021	/S/ Marc D. Hamburg
	By: Marc D. Hamberg
	Title: Chairman of the Board
	National Fire & Marine Insurance Company
Dated: February 16, 2021	/S/ Marc D. Hamburg
	By: Marc D. Hamberg
	Title: Chairman of the Board
	Columbia Insurance Company
Dated: February 16, 2021	/S/ Marc D. Hamburg
	By: Marc D. Hamberg
	Title: Chairman of the Board
	National Indemnity Company of the South
Dated: February 16, 2021	/S/ Marc D. Hamburg
	By: Marc D. Hamberg
	Title: Chairman of the Board

	Redwood Fire and Casualty Insurance Company
Dated: February 16, 2021	/S/ Marc D. Hamburg
	By: Marc D. Hamberg
	Title: Assistant Secretary
	GEICO Corporation
Dated: February 16, 2021	/S/ Todd A. Combs
	By: Todd A. Combs
	Title: President
	Government Employees Insurance Company
Dated: February 16, 2021	/S/ Todd A. Combs
	By: Todd A. Combs
	Title: President
	General Re Corporation
Dated: February 16, 2021	/S/ Kara Raiguel
	By: Kara Raiguel
	Title: President
	General Reinsurance Corporation
Dated: February 16, 2021	/S/ Kara Raiguel
	By: Kara Raiguel
	Title: President
	U.S. Investment Corporation
Dated: February 16, 2021	/S/ Stephen J. Rivituso
	By: Stephen J. Rivituso
	Title: Vice President
	Mount Vernon Fire Insurance Company
Dated: February 16, 2021	/S/ Stephen J. Rivituso
	By: Stephen J. Rivituso
	Title: Senior Vice President
	U.S. Underwriters Insurance Company
Dated: February 16, 2021	/S/ Stephen J. Rivituso
	By: Stephen J. Rivituso
	Title: Senior Vice President

	United States Liability Insurance Company
Dated: February 16, 2021	/S/ Stephen J. Rivituso
	By: Stephen J. Rivituso
	Title: Senior Vice President
	The Medical Protective Company
Dated: February 16, 2021	/S/ Anthony A. Bowser
	By: Anthony A. Bowser
	Title: Chief Financial Officer
	MedPro Group Inc.
Dated: February 16, 2021	/S/ Anthony A. Bowser
	By: Anthony A. Bowser
	Title: Chief Financial Officer
	Benjamin Moore Pension Trust
Dated: February 16, 2021	/S/ Talia Griep
	By: Talia Griep
	Title: Senior Vice President
	Berkshire Hathaway Assurance Corporation
Dated: February 16, 2021	/S/ Dale D. Geistkemper
	By: Dale D. Geistkemper
	Title: Treasurer
	Berkshire Hathaway Homestate Insurance Company
Dated: February 16, 2021	/S/ Andrew Linkhart
	By: Andrew Linkhart
	Title: Treasurer
	GEICO Indemnity Company
Dated: February 16, 2021	/S/ Todd A. Combs
	By: Todd A. Combs
	Title: President

	Berkshire Hathaway Specialty Insurance Company
Dated: February 16, 2021	/S/ Dale D. Geistkemper
	By: Dale D. Geistkemper
	Title: Treasurer
	General Star Indemnity Company
Dated: February 16, 2021	/S/ Edward M. Nosenzo
	By: Edward M. Nosenzo
	Title: Treasurer
	Am Guard Insurance Company
Dated: February 16, 2021	/S/ Sy Foguel
	By: Sy Foguel
	Title: President
	NorGuard Insurance Company
Dated: February 16, 2021	/S/ Sy Foguel
	By: Sy Foguel
	Title: President
	WestGuard Insurance Company
Dated: February 16, 2021	/S/ Sy Foguel
	By: Sy Foguel
	Title: President
	NRG America Holding Copany
Dated: February 16, 2021	/S/ Dale D. Geistkemper
	By: Dale D. Geistkemper
	Title: Treasurer
	Cypress Insurance Company
Dated: February 16, 2021	/S/ Andrew Linkhaut
	By: Andrew Linkhaut
	Title: Treasurer

	Berkshire Hathaway Direct Insurance Company
Dated: February 16, 2021	/S/ Dale G. Geistkemper
	By: Dale G. Geistkemper
	Title: Treasurer
Dated: February 16, 2021	Berkshire Hathaway Life Insurance Company of Nebraska
	/S/ Dale D. Geistkemper
	By: Dale D. Geistkemper
	Title: Treasurer
Dated: February 16, 2021	BHG Life Insurance Company
	/S/ Dale D. Geistkemper
	By: Dale D. Geistkemper
	Title: Treasurer
Dated: February 16, 2021	Genesis Insurance Company
	/S/ Edward M. Nosenzo
	By: Edward M. Nosenzo
	Title: Treasurer
Dated: February 16, 2021	National Fire & Marine Insurance Company
	/S/ Dale D. Geistkemper
	By: Dale D. Geistkemper
	Title: Treasurer
Dated: February 16, 2021	Old United Casualty Company
	/S/ Glen I. Mayer
	By: Glen I. Mayer
	Title: President
Dated: February 16, 2021	General Star National Insurance Company
	/S/ Edward M. Nosenzo
	By: Edward M. Nosenzo
	Title: Treasurer
Dated: February 16, 2021	East GUARD Insurance Company
	/S/ Sy Foguel
	By: Sy Foguel
	Title: President
Dated: February 16, 2021	MPP Company
	/S/ Glen I. Mayer
	By: Glen I. Mayer
	Title: President
Dated: February 16, 2021	British Insurance Company of Cayman
	/S/ Donald F. Wurster
	By: Donald F. Wurster
	Title: Director

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US BANCORP \DE\ Major Shareholding Notification 2021

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US BANCORP \DE\ — Major Shareholding Notification 2021

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US BANCORP \DE\ Major Shareholding Notification 2021