US Bancorp Significantly Increases Stake in Maplebear
US Bancorp DE has substantially increased its ownership in Maplebear Inc. (NASDAQ:CART), the parent company of Instacart, by purchasing an additional 363,476 shares in the third quarter of 2026. This brings its total stake to 373,992 shares, representing a 3,456.4% increase from the previous quarter and a 0.14% ownership in the company. The move, valued at $13.75 million, indicates US Bancorp's confidence in Maplebear's long-term growth prospects despite recent stock price volatility.
https://nationaltoday.com/us/ca/san-francisco/news/2026/03/03/us-bancorp-significantly-increases-stake-in-maplebear/