Associated Banc-Corp

Green Bay, WI · CIK 7789 · 13F filing filed 2024-02-09

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)

$2.9bn reported value +11.4% vs Q3 2023

309positions

29.4%in top 10

17 new 111 added 141 reduced 11 sold out vs Q3 2023

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 2023

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	434,911	$163.5m5.68%	5.68%	Reduced -15.7k	-15,653 -3.5%
2	APPLE INC COM AAPL	AAPL	689,616	$132.8m4.61%	4.61%	Reduced -9.1k	-9,091 -1.3%
3	ALPHABET INC CAP STK CL A GOOGL	GOOGL	697,034	$97.4m3.38%	3.38%	Added +1.7k	+1,680 0.2%
4	AMAZON COM INC COM AMZN	AMZN	513,007	$77.9m2.71%	2.71%	Added +1.8k	+1,791 0.3%
5	JPMORGAN CHASE & CO COM JPM	JPM	398,398	$67.8m2.35%	2.35%	Reduced -964	-964 -0.2%
6	LAM RESEARCH CORP COM COM		86,156	$67.5m2.34%	2.34%	Reduced -2.3k	-2,279 -2.6%
7	ASSOCIATED BANC CORP COM ASB	ASB	2,936,472	$62.8m2.18%	2.18%	Reduced -138.0k	-138,045 -4.5%
8	NVIDIA CORPORATION COM NVDA	NVDA	125,574	$62.2m2.16%	2.16%	Added +9.7k	+9,679 8.3%
9	KIMBERLY-CLARK CORP COM KMB	KMB	501,218	$60.9m2.12%	2.12%	Added +115.0k	+114,967 29.8%
10	SERVICENOW INC COM NOW	NOW	77,419	$54.7m1.90%	1.90%	Added +441	+441 0.6%
11	FISERV INC COM FISV	FISV	400,314	$53.2m1.85%	1.85%	Added +3.8k	+3,776 0.9%
12	EXXON MOBIL CORP COM XOM	XOM	512,300	$51.2m1.78%	1.78%	Added +19.6k	+19,590 4.0%
13	PHILIP MORRIS INTL INC COM PM	PM	469,530	$44.2m1.53%	1.53%	Reduced -5.0k	-5,018 -1.1%
14	MONDELEZ INTL INC CL A MDLZ	MDLZ	582,148	$42.2m1.46%	1.46%	Added +16.4k	+16,418 2.9%
15	PROCTER AND GAMBLE CO COM PG	PG	250,552	$36.7m1.28%	1.28%	Reduced -12.6k	-12,570 -4.8%
16	NORTHROP GRUMMAN CORP COM NOC	NOC	77,891	$36.5m1.27%	1.27%	Reduced -854	-854 -1.1%
17	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	68,323	$36.3m1.26%	1.26%	Added +101	+101 0.1%
18	THE CIGNA GROUP COM CI	CI	119,971	$35.9m1.25%	1.25%	Reduced -2.3k	-2,322 -1.9%
19	LOWES COS INC COM LOW	LOW	153,256	$34.1m1.18%	1.18%	Reduced -1.1k	-1,107 -0.7%
20	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	92,325	$32.9m1.14%	1.14%	Added +3.1k	+3,071 3.4%
21	EATON CORP PLC SHS ETN	ETN	134,621	$32.4m1.13%	1.13%	Reduced -1.4k	-1,406 -1.0%
22	UNITEDHEALTH GROUP INC COM UNH	UNH	60,746	$32.0m1.11%	1.11%	Reduced -147	-147 -0.2%
23	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	65,277	$31.0m1.08%	1.08%	Added +452	+452 0.7%
24	MCDONALDS CORP COM MCD	MCD	104,117	$30.9m1.07%	1.07%	Added +5.1k	+5,131 5.2%
25	AIR PRODS & CHEMS INC COM APD	APD	106,229	$29.1m1.01%	1.01%	Added +1.5k	+1,495 1.4%
26	SCHWAB CHARLES CORP COM SCHW	SCHW	420,807	$29.0m1.01%	1.01%	Added +48.6k	+48,607 13.1%
27	PEPSICO INC COM PEP	PEP	163,134	$27.7m0.96%	0.96%	Added +4.6k	+4,609 2.9%
28	VANGUARD INDEX FDS MID CAP ETF VO	VO	116,991	$27.2m0.95%	0.95%	Added +6.3k	+6,341 5.7%
29	JOHNSON & JOHNSON COM JNJ	JNJ	173,308	$27.2m0.94%	0.94%	Reduced -5.1k	-5,085 -2.9%
30	META PLATFORMS INC CL A META	META	76,706	$27.2m0.94%	0.94%	Added +5.4k	+5,358 7.5%
31	DISCOVER FINL SVCS COM DFS	DFS	238,547	$26.8m0.93%	0.93%	Reduced -3.6k	-3,595 -1.5%
32	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	60,858	$26.6m0.92%	0.92%	Added +226	+226 0.4%
33	IQVIA HLDGS INC COM IQV	IQV	113,554	$26.3m0.91%	0.91%	Reduced -2.1k	-2,140 -1.9%
34	MASTERCARD INCORPORATED CL A MA	MA	61,490	$26.2m0.91%	0.91%	Added +336	+336 0.6%
35	RTX CORPORATION COM RTX	RTX	307,226	$25.8m0.90%	0.90%	Added +251.5k	+251,475 451.1%
36	BLACKROCK INC COM BLK	BLK	31,359	$25.5m0.88%	0.88%	Reduced -497	-497 -1.6%
37	BOSTON SCIENTIFIC CORP COM BSX	BSX	428,997	$24.8m0.86%	0.86%	Reduced -1.2k	-1,191 -0.3%
38	CHEVRON CORP NEW COM CVX	CVX	163,587	$24.4m0.85%	0.85%	Added +3.7k	+3,728 2.3%
39	UNION PAC CORP COM UNP	UNP	95,668	$23.5m0.82%	0.82%	Added +326	+326 0.3%
40	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	271,665	$20.9m0.73%	0.73%	Added +28.7k	+28,677 11.8%
41	COMCAST CORP NEW CL A CMCSA	CMCSA	473,374	$20.8m0.72%	0.72%	Reduced -3.9k	-3,866 -0.8%
42	SYSCO CORP COM SYY	SYY	278,643	$20.4m0.71%	0.71%	Reduced -29.5k	-29,460 -9.6%
43	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	100,340	$19.3m0.67%	0.67%	Reduced -3.8k	-3,797 -3.6%
44	INTEL CORP COM INTC	INTC	375,684	$18.9m0.66%	0.66%	Reduced -15.1k	-15,107 -3.9%
45	AMERIPRISE FINL INC COM AMP	AMP	49,477	$18.8m0.65%	0.65%	Reduced -121	-121 -0.2%
46	XCEL ENERGY INC COM XEL	XEL	294,892	$18.3m0.63%	0.63%	Added +6.6k	+6,588 2.3%
47	CATERPILLAR INC COM CAT	CAT	61,588	$18.2m0.63%	0.63%	Reduced -10.4k	-10,415 -14.5%
48	COCA COLA CO COM KO	KO	303,694	$17.9m0.62%	0.62%	Added +5.9k	+5,916 2.0%
49	DANAHER CORPORATION COM DHR	DHR	77,314	$17.9m0.62%	0.62%	Added +1.3k	+1,267 1.7%
50	MERCK & CO INC COM MRK	MRK	163,985	$17.9m0.62%	0.62%	Reduced -4.8k	-4,847 -2.9%
51	ABBOTT LABS COM ABT	ABT	160,882	$17.7m0.62%	0.62%	Reduced -89	-89 -0.1%
52	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	56,143	$17.5m0.61%	0.61%	Added +720	+720 1.3%
53	WOODSIDE ENERGY GROUP LTD SPONSORED ADR WDS	WDS	810,878	$17.1m0.59%	0.59%	Added +9.6k	+9,617 1.2%
54	ALLSTATE CORP COM ALL	ALL	121,032	$16.9m0.59%	0.59%	Reduced -2.4k	-2,385 -1.9%
55	ALPHABET INC CAP STK CL C GOOG	GOOG	113,760	$16.0m0.56%	0.56%	Added +191	+191 0.2%
56	BANK FIRST CORP COM BFC	BFC	180,956	$15.7m0.54%	0.54%	Unchanged
57	CISCO SYS INC COM CSCO	CSCO	308,471	$15.6m0.54%	0.54%	Reduced -4.9k	-4,900 -1.6%
58	PHILLIPS 66 COM PSX	PSX	112,718	$15.0m0.52%	0.52%	Reduced -7.2k	-7,183 -6.0%
59	SPDR SER TR S&P DIVID ETF SDY	SDY	116,895	$14.6m0.51%	0.51%	Added +12.0k	+11,984 11.4%
60	VANGUARD INDEX FDS VALUE ETF VTV	VTV	94,624	$14.1m0.49%	0.49%	Reduced -21.4k	-21,363 -18.4%
61	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	79,262	$13.5m0.47%	0.47%	Added +6.5k	+6,493 8.9%
62	HONEYWELL INTL INC COM COM		61,284	$12.9m0.45%	0.45%	Reduced -13.9k	-13,888 -18.5%
63	WASTE MGMT INC DEL COM WM	WM	71,157	$12.7m0.44%	0.44%	Added +1.8k	+1,832 2.6%
64	BANK AMERICA CORP COM BAC	BAC	376,361	$12.7m0.44%	0.44%	Added +3.0k	+3,005 0.8%
65	CUMMINS INC COM CMI	CMI	51,136	$12.3m0.43%	0.43%	Reduced -452	-452 -0.9%
66	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	51,385	$12.2m0.42%	0.42%	Added +883	+883 1.8%
67	MEDTRONIC PLC SHS MDT	MDT	147,708	$12.2m0.42%	0.42%	Added +1.1k	+1,093 0.8%
68	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	137,667	$12.2m0.42%	0.42%	Reduced -495	-495 -0.4%
69	CVS HEALTH CORP COM CVS	CVS	152,900	$12.1m0.42%	0.42%	Reduced -2.9k	-2,862 -1.8%
70	ISHARES TR CORE MSCI EAFE IEFA	IEFA	168,205	$11.8m0.41%	0.41%	Added +5.1k	+5,148 3.2%
71	NEXTERA ENERGY INC COM NEE	NEE	194,428	$11.8m0.41%	0.41%	Reduced -16.8k	-16,753 -7.9%
72	ISHARES TR CORE S&P500 ETF IVV	IVV	23,712	$11.3m0.39%	0.39%	Added +1.1k	+1,093 4.8%
73	ISHARES INC CORE MSCI EMKT IEMG	IEMG	222,013	$11.2m0.39%	0.39%	Reduced -3.7k	-3,709 -1.6%
74	VANGUARD INDEX FDS SMALL CP ETF VB	VB	50,889	$10.9m0.38%	0.38%	Added +3.0k	+3,012 6.3%
75	HEALTHPEAK PROPERTIES INC COM DOC	DOC	546,415	$10.8m0.38%	0.38%	Reduced -49.3k	-49,279 -8.3%
76	ELI LILLY & CO COM LLY	LLY	18,366	$10.7m0.37%	0.37%	Added +1.9k	+1,919 11.7%
77	ZOETIS INC CL A ZTS	ZTS	50,059	$9.9m0.34%	0.34%	Added +1.5k	+1,534 3.2%
78	ISHARES TR S&P 500 VAL ETF IVE	IVE	56,740	$9.9m0.34%	0.34%	Added +22.6k	+22,558 66.0%
79	HOME DEPOT INC COM HD	HD	27,725	$9.6m0.33%	0.33%	Reduced -190	-190 -0.7%
80	BOEING CO COM BA	BA	35,938	$9.4m0.33%	0.33%	Added +647	+647 1.8%
81	ISHARES TR EAFE VALUE ETF EFV	EFV	179,668	$9.4m0.33%	0.33%	Added +11.4k	+11,447 6.8%
82	STARBUCKS CORP COM SBUX	SBUX	97,436	$9.4m0.32%	0.32%	Added +1.7k	+1,664 1.7%
83	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	82,225	$9.2m0.32%	0.32%	Added +4.2k	+4,202 5.4%
84	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	177,847	$9.1m0.32%	0.32%	Reduced -11.4k	-11,392 -6.0%
85	WOODWARD INC COM WWD	WWD	62,990	$8.6m0.30%	0.30%	Added +515	+515 0.8%
86	ISHARES TR CORE S&P MCP ETF IJH	IJH	30,859	$8.6m0.30%	0.30%	Added +987	+987 3.3%
87	NIKE INC CL B NKE	NKE	78,107	$8.5m0.29%	0.29%	Reduced -1.0k	-1,044 -1.3%
88	PFIZER INC COM PFE	PFE	287,002	$8.3m0.29%	0.29%	Reduced -43.7k	-43,749 -13.2%
89	DISNEY WALT CO COM DIS	DIS	91,413	$8.3m0.29%	0.29%	Reduced -17.8k	-17,822 -16.3%
90	US BANCORP DEL COM NEW USB	USB	185,222	$8.0m0.28%	0.28%	Reduced -22.1k	-22,142 -10.7%
91	SOUTHERN CO COM SO	SO	110,342	$7.7m0.27%	0.27%	Reduced -639	-639 -0.6%
92	WALMART INC COM WMT	WMT	48,131	$7.6m0.26%	0.26%	Reduced -247	-247 -0.5%
93	AMGEN INC COM AMGN	AMGN	25,914	$7.5m0.26%	0.26%	Added +364	+364 1.4%
94	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	97,020	$7.1m0.25%	0.25%	Added +6.4k	+6,380 7.0%
95	ISHARES TR S&P MC 400GR ETF IJK	IJK	89,011	$7.1m0.24%	0.24%	Added +8.1k	+8,135 10.1%
96	ANALOG DEVICES INC COM ADI	ADI	35,178	$7.0m0.24%	0.24%	Added +9.5k	+9,496 37.0%
97	ISHARES TR CORE S&P SCP ETF IJR	IJR	62,882	$6.8m0.24%	0.24%	Added +5.0k	+4,964 8.6%
98	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	116,601	$6.5m0.23%	0.23%	Added +13.5k	+13,457 13.1%
99	COLGATE PALMOLIVE CO COM CL	CL	81,859	$6.5m0.23%	0.23%	Added +4.8k	+4,768 6.2%
100	ISHARES TR RUS 1000 VAL ETF IWD	IWD	38,822	$6.4m0.22%	0.22%	Reduced -906	-906 -2.3%

Sold out since Q3 2023

Security	Ticker	Shares held before	Value then
ISHARES TR		80,780	$2.0m80.8k shares
ISHARES TR		57,085	$1.4m57.1k shares
ISHARES TR SUB	SUB	10,205	$1.0m10.2k shares
EDISON INTL EIX	EIX	4,832	$305.8k4.8k shares
VALERO ENERGY CORP VLO	VLO	1,589	$225.2k1.6k shares
ISHARES TR TIP	TIP	2,167	$224.8k2.2k shares
KELLANOVA K	K	3,691	$219.7k3.7k shares
GE HEALTHCARE TECHNOLOGIES I GEHC	GEHC	2,957	$201.2k3.0k shares
ISHARES TR MUB	MUB	1,962	$201.2k2.0k shares
WARNER BROS DISCOVERY INC WBD	WBD	10,353	$112.4k10.4k shares
CYTODYN INC CYDY	CYDY	21,136	$3.9k21.1k shares