Associated Banc-Corp

Green Bay, WI · CIK 7789 · 13F filing filed 2023-02-10

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityASSOCIATED BANC-CORP (US)

$2.4bn reported value +11.0% vs Q3 2022

304positions

25.6%in top 10

16 new 126 added 107 reduced 6 sold out vs Q3 2022

This report includes the holdings of 1 other manager that shares the investment decisions:

Associated Trust Company, N.A. – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	471,732	$113.1m4.71%	4.71%	Added +145	+145 0.0%
2	APPLE INC COM AAPL	AAPL	729,796	$94.8m3.95%	3.95%	Reduced -8.7k	-8,714 -1.2%
3	ALPHABET INC CAP STK CL A GOOGL	GOOGL	698,823	$61.7m2.57%	2.57%	Added +7.5k	+7,452 1.1%
4	ASSOCIATED BANC CORP COM ASB	ASB	2,581,475	$59.6m2.48%	2.48%	Reduced -66.2k	-66,210 -2.5%
5	KIMBERLY-CLARK CORP COM KMB	KMB	397,135	$53.9m2.24%	2.24%	Reduced -4.8k	-4,835 -1.2%
6	JPMORGAN CHASE & CO COM JPM	JPM	392,284	$52.6m2.19%	2.19%	Added +3.2k	+3,171 0.8%
7	EXXON MOBIL CORP COM XOM	XOM	459,016	$50.6m2.11%	2.11%	Added +8.6k	+8,621 1.9%
8	LAM RESEARCH CORP COM COM		107,747	$45.3m1.88%	1.88%	Reduced -7.4k	-7,415 -6.4%
9	PHILIP MORRIS INTL INC COM PM	PM	427,564	$43.3m1.80%	1.80%	Added +10.0k	+9,985 2.4%
10	AMAZON COM INC COM AMZN	AMZN	493,213	$41.4m1.72%	1.72%	Reduced -12.8k	-12,829 -2.5%
11	PROCTER AND GAMBLE CO COM PG	PG	255,470	$38.7m1.61%	1.61%	Reduced -312	-312 -0.1%
12	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	67,480	$37.2m1.55%	1.55%	Added +316	+316 0.5%
13	MONDELEZ INTL INC CL A MDLZ	MDLZ	540,501	$36.0m1.50%	1.50%	Reduced -374	-374 -0.1%
14	FISERV INC COM FISV	FISV	339,604	$34.3m1.43%	1.43%	Added +9.4k	+9,383 2.8%
15	BLACKROCK INC COM BLK	BLK	48,328	$34.2m1.43%	1.43%	Added +411	+411 0.9%
16	THE CIGNA GROUP COM CI	CI	102,634	$34.0m1.42%	1.42%	Added +1.6k	+1,610 1.6%
17	UNITEDHEALTH GROUP INC COM UNH	UNH	63,758	$33.8m1.41%	1.41%	Reduced -142	-142 -0.2%
18	AIR PRODS & CHEMS INC COM APD	APD	104,514	$32.2m1.34%	1.34%	Reduced -33	-33 -0.0%
19	JOHNSON & JOHNSON COM JNJ	JNJ	180,324	$31.9m1.33%	1.33%	Added +1.4k	+1,379 0.8%
20	PEPSICO INC COM PEP	PEP	165,898	$30.0m1.25%	1.25%	Reduced -356	-356 -0.2%
21	CHEVRON CORP NEW COM CVX	CVX	160,744	$28.9m1.20%	1.20%	Reduced -322	-322 -0.2%
22	BANK FIRST CORP COM BFC	BFC	296,376	$27.5m1.14%	1.14%	Reduced -2.7k	-2,700 -0.9%
23	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	86,484	$26.7m1.11%	1.11%	Reduced -738	-738 -0.8%
24	DISCOVER FINL SVCS COM DFS	DFS	270,674	$26.5m1.10%	1.10%	Added +3.6k	+3,599 1.4%
25	LOWES COS INC COM LOW	LOW	131,596	$26.2m1.09%	1.09%	Added +646	+646 0.5%
26	MCDONALDS CORP COM MCD	MCD	96,264	$25.4m1.06%	1.06%	Added +585	+585 0.6%
27	SERVICENOW INC COM NOW	NOW	62,675	$24.3m1.01%	1.01%	Reduced -800	-800 -1.3%
28	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	61,311	$23.4m0.98%	0.98%	Added +2.5k	+2,479 4.2%
29	CATERPILLAR INC COM CAT	CAT	97,819	$23.4m0.98%	0.98%	Reduced -1.4k	-1,359 -1.4%
30	EATON CORP PLC SHS ETN	ETN	140,096	$22.0m0.92%	0.92%	Added +1.7k	+1,703 1.2%
31	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	62,081	$21.8m0.91%	0.91%	Added +1.5k	+1,451 2.4%
32	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	75,412	$21.4m0.89%	0.89%	Added +1.8k	+1,781 2.4%
33	MASTERCARD INCORPORATED CL A MA	MA	61,173	$21.3m0.89%	0.89%	Added +480	+480 0.8%
34	DANAHER CORPORATION COM DHR	DHR	78,968	$21.0m0.87%	0.87%	Reduced -922	-922 -1.1%
35	BOSTON SCIENTIFIC CORP COM BSX	BSX	441,132	$20.4m0.85%	0.85%	Added +16.8k	+16,845 4.0%
36	XCEL ENERGY INC COM XEL	XEL	278,818	$19.5m0.81%	0.81%	Added +2.5k	+2,544 0.9%
37	MERCK & CO INC COM MRK	MRK	176,065	$19.5m0.81%	0.81%	Added +1.4k	+1,391 0.8%
38	VANGUARD INDEX FDS MID CAP ETF VO	VO	95,104	$19.4m0.81%	0.81%	Added +2.3k	+2,312 2.5%
39	COCA COLA CO COM KO	KO	301,753	$19.2m0.80%	0.80%	Added +3.2k	+3,201 1.1%
40	TJX COS INC NEW COM TJX	TJX	231,968	$18.5m0.77%	0.77%	Reduced -24	-24 -0.0%
41	UNION PAC CORP COM UNP	UNP	86,069	$17.8m0.74%	0.74%	Reduced -168	-168 -0.2%
42	ABBOTT LABS COM ABT	ABT	159,581	$17.5m0.73%	0.73%	Added +2.2k	+2,159 1.4%
43	NORTHROP GRUMMAN CORP COM NOC	NOC	32,102	$17.5m0.73%	0.73%	Reduced -42.5k	-42,548 -57.0%
44	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	228,973	$17.2m0.72%	0.72%	Added +1.9k	+1,871 0.8%
45	PFIZER INC COM PFE	PFE	333,756	$17.1m0.71%	0.71%	Reduced -1.8k	-1,789 -0.5%
46	NEXTERA ENERGY INC COM NEE	NEE	200,175	$16.7m0.70%	0.70%	Added +3.4k	+3,419 1.7%
47	IQVIA HLDGS INC COM IQV	IQV	81,359	$16.7m0.69%	0.69%	Added +2.0k	+1,974 2.5%
48	ALLSTATE CORP COM ALL	ALL	120,374	$16.3m0.68%	0.68%	Added +1.7k	+1,652 1.4%
49	HONEYWELL INTL INC COM COM		75,817	$16.2m0.68%	0.68%	Added +1.1k	+1,144 1.5%
50	COMCAST CORP NEW CL A CMCSA	CMCSA	461,215	$16.1m0.67%	0.67%	Added +40.3k	+40,281 9.6%
51	WOODSIDE ENERGY GROUP LTD SPONSORED ADR WDS	WDS	656,041	$15.9m0.66%	0.66%	Added +42.8k	+42,771 7.0%
52	AMERIPRISE FINL INC COM AMP	AMP	50,652	$15.8m0.66%	0.66%	Added +791	+791 1.6%
53	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	119,271	$14.8m0.62%	0.62%	Added +9.0k	+9,034 8.2%
54	CISCO SYS INC COM CSCO	CSCO	310,095	$14.8m0.61%	0.61%	Added +2.5k	+2,489 0.8%
55	VANGUARD INDEX FDS VALUE ETF VTV	VTV	104,832	$14.7m0.61%	0.61%	Added +4.4k	+4,412 4.4%
56	CVS HEALTH CORP COM CVS	CVS	154,107	$14.4m0.60%	0.60%	Added +1.2k	+1,192 0.8%
57	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	52,184	$13.9m0.58%	0.58%	Added +39.4k	+39,407 308.4%
58	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	64,141	$13.7m0.57%	0.57%	Added +18.7k	+18,701 41.2%
59	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	189,352	$13.6m0.57%	0.57%	Added +1.6k	+1,643 0.9%
60	SPDR SER TR S&P DIVID ETF SDY	SDY	107,745	$13.5m0.56%	0.56%	Added +1.2k	+1,170 1.1%
61	PHILLIPS 66 COM PSX	PSX	120,835	$12.6m0.52%	0.52%	Added +1.5k	+1,486 1.2%
62	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	82,529	$12.5m0.52%	0.52%	Added +30.9k	+30,873 59.8%
63	SYSCO CORP COM SYY	SYY	163,663	$12.5m0.52%	0.52%	Added +1.2k	+1,181 0.7%
64	BANK AMERICA CORP COM BAC	BAC	372,608	$12.3m0.51%	0.51%	Added +5.3k	+5,289 1.4%
65	PAYPAL HLDGS INC COM PYPL	PYPL	169,142	$12.0m0.50%	0.50%	Reduced -26.8k	-26,763 -13.7%
66	HEALTHPEAK PROPERTIES INC COM DOC	DOC	471,546	$11.8m0.49%	0.49%	Added +24.0k	+23,992 5.4%
67	CUMMINS INC COM CMI	CMI	48,278	$11.7m0.49%	0.49%	Added +926	+926 2.0%
68	DISNEY WALT CO COM DIS	DIS	131,691	$11.4m0.48%	0.48%	Reduced -5.1k	-5,111 -3.7%
69	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	129,442	$10.7m0.44%	0.44%	Reduced -1.6k	-1,637 -1.2%
70	WASTE MGMT INC DEL COM WM	WM	67,300	$10.6m0.44%	0.44%	Added +882	+882 1.3%
71	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	55,014	$10.5m0.44%	0.44%	Added +1.5k	+1,499 2.8%
72	ALPHABET INC CAP STK CL C GOOG	GOOG	117,088	$10.4m0.43%	0.43%	Reduced -1.4k	-1,368 -1.1%
73	TRUIST FINL CORP COM TFC	TFC	229,998	$9.9m0.41%	0.41%	Added +4.1k	+4,079 1.8%
74	STARBUCKS CORP COM SBUX	SBUX	97,354	$9.7m0.40%	0.40%	Reduced -568	-568 -0.6%
75	INTEL CORP COM INTC	INTC	364,171	$9.6m0.40%	0.40%	Reduced -36.2k	-36,159 -9.0%
76	ISHARES INC CORE MSCI EMKT IEMG	IEMG	205,431	$9.6m0.40%	0.40%	Added +111.8k	+111,800 119.4%
77	ISHARES TR CORE MSCI EAFE IEFA	IEFA	154,399	$9.5m0.40%	0.40%	Added +10.7k	+10,676 7.4%
78	NIKE INC CL B NKE	NKE	79,590	$9.3m0.39%	0.39%	Added +515	+515 0.7%
79	US BANCORP DEL COM NEW USB	USB	205,382	$9.0m0.37%	0.37%	Added +842	+842 0.4%
80	META PLATFORMS INC CL A META	META	68,381	$8.2m0.34%	0.34%	Reduced -23.2k	-23,226 -25.4%
81	HOME DEPOT INC COM HD	HD	25,554	$8.1m0.34%	0.34%	Added +310	+310 1.2%
82	TARGET CORP COM TGT	TGT	53,594	$8.0m0.33%	0.33%	Reduced -3.8k	-3,842 -6.7%
83	WOODWARD INC COM WWD	WWD	82,531	$8.0m0.33%	0.33%	Unchanged
84	SOUTHERN CO COM SO	SO	110,935	$7.9m0.33%	0.33%	Added +1.5k	+1,528 1.4%
85	ISHARES TR CORE S&P500 ETF IVV	IVV	19,984	$7.7m0.32%	0.32%	Added +28	+28 0.1%
86	ISHARES TR CORE S&P MCP ETF IJH	IJH	31,121	$7.5m0.31%	0.31%	Reduced -97	-97 -0.3%
87	ZOETIS INC CL A ZTS	ZTS	50,557	$7.4m0.31%	0.31%	Reduced -552	-552 -1.1%
88	VANGUARD INDEX FDS SMALL CP ETF VB	VB	39,790	$7.3m0.30%	0.30%	Added +1.2k	+1,171 3.0%
89	MEDTRONIC PLC SHS MDT	MDT	91,469	$7.1m0.30%	0.30%	Reduced -5.0k	-4,995 -5.2%
90	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	65,261	$7.1m0.29%	0.29%	Added +9.8k	+9,769 17.6%
91	PRUDENTIAL FINL INC COM PRU	PRU	69,685	$6.9m0.29%	0.29%	Added +365	+365 0.5%
92	ISHARES TR EAFE VALUE ETF EFV	EFV	149,413	$6.9m0.29%	0.29%	Added +129.2k	+129,211 639.6%
93	BOEING CO COM BA	BA	35,846	$6.8m0.28%	0.28%	Reduced -2.6k	-2,565 -6.7%
94	VERIZON COMMUNICATIONS INC COM VZ	VZ	170,489	$6.7m0.28%	0.28%	Reduced -4.0k	-4,019 -2.3%
95	AMGEN INC COM AMGN	AMGN	25,516	$6.7m0.28%	0.28%	Reduced -297	-297 -1.1%
96	WALMART INC COM WMT	WMT	46,813	$6.6m0.28%	0.28%	Added +1.5k	+1,547 3.4%
97	ISHARES TR RUS 1000 VAL ETF IWD	IWD	41,286	$6.3m0.26%	0.26%	Added +390	+390 0.9%
98	ABBVIE INC COM ABBV	ABBV	38,444	$6.2m0.26%	0.26%	Reduced -559	-559 -1.4%
99	COLGATE PALMOLIVE CO COM CL	CL	78,754	$6.2m0.26%	0.26%	Reduced -1.1k	-1,144 -1.4%
100	EOG RES INC COM EOG	EOG	47,209	$6.1m0.25%	0.25%	Reduced -366	-366 -0.8%

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
ISHARES TR		63,251	$1.6m63.3k shares
ISHARES TR HYG	HYG	6,735	$481.0k6.7k shares
SALESFORCE INC CRM	CRM	1,700	$245.0k1.7k shares
INTERCONTINENTAL HOTELS GROU IHG	IHG	4,629	$225.0k4.6k shares
EDWARDS LIFESCIENCES CORP EW	EW	2,571	$212.0k2.6k shares
VANGUARD INDEX FDS VXF	VXF	1,581	$201.0k1.6k shares