Associated Banc-Corp

Green Bay, WI · CIK 7789 · 13F filing filed 2026-05-01

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)

$3.8bn reported value -3.3% vs Q4 2025

332positions

34.1%in top 10

17 new 111 added 152 reduced 18 sold out vs Q4 2025

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, Q1 2026

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	ALPHABET INC CAP STK CL A GOOGL	GOOGL	652,877	$187.7m4.97%	4.97%	Reduced -34.7k	-34,719 -5.0%
2	NVIDIA CORPORATION COM NVDA	NVDA	977,733	$170.5m4.51%	4.51%	Added +142	+142 0.0%
3	MICROSOFT CORP COM MSFT	MSFT	435,551	$161.2m4.27%	4.27%	Reduced -693	-693 -0.2%
4	APPLE INC COM AAPL	AAPL	570,828	$144.9m3.84%	3.84%	Reduced -9.8k	-9,772 -1.7%
5	LAM RESEARCH CORP COM NEW LRCX	LRCX	598,959	$128.0m3.39%	3.39%	Reduced -176.0k	-175,971 -22.7%
6	AMAZON COM INC COM AMZN	AMZN	585,583	$122.0m3.23%	3.23%	Added +4.3k	+4,256 0.7%
7	JPMORGAN CHASE & CO COM JPM	JPM	385,784	$113.5m3.00%	3.00%	Reduced -7.6k	-7,611 -1.9%
8	PHILIP MORRIS INTL INC COM PM	PM	579,029	$95.7m2.53%	2.53%	Added +8.9k	+8,856 1.6%
9	EXXON MOBIL CORP COM XOM	XOM	536,196	$91.0m2.41%	2.41%	Reduced -3.4k	-3,439 -0.6%
10	VANGUARD INDEX FDS MID CAP ETF VO	VO	253,498	$72.8m1.93%	1.93%	Added +18.8k	+18,795 8.0%
11	ASSOCIATED BANC CORP COM ASB	ASB	2,587,920	$66.9m1.77%	1.77%	Reduced -43.4k	-43,419 -1.6%
12	ELI LILLY & CO COM LLY	LLY	59,063	$54.3m1.44%	1.44%	Added +1.0k	+1,027 1.8%
13	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	104,227	$49.9m1.32%	1.32%	Added +8.1k	+8,065 8.4%
14	SCHWAB CHARLES CORP COM SCHW	SCHW	507,705	$47.7m1.26%	1.26%	Added +3.6k	+3,583 0.7%
15	SERVICENOW INC COM NOW	NOW	441,028	$46.1m1.22%	1.22%	Added +41.8k	+41,818 10.5%
16	UBER TECHNOLOGIES INC COM UBER	UBER	631,235	$45.4m1.20%	1.20%	Added +61.0k	+61,009 10.7%
17	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	75,534	$45.1m1.20%	1.20%	Added +1.3k	+1,303 1.8%
18	SALESFORCE INC COM CRM	CRM	233,851	$43.7m1.16%	1.16%	Added +21.5k	+21,540 10.2%
19	KIMBERLY-CLARK CORP COM KMB	KMB	443,517	$42.8m1.13%	1.13%	Reduced -2.2k	-2,190 -0.5%
20	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	210,162	$41.1m1.09%	1.09%	Added +84.4k	+84,374 67.1%
21	CAPITAL ONE FINL CORP COM COF	COF	219,866	$40.1m1.06%	1.06%	Reduced -14.6k	-14,612 -6.2%
22	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	59,811	$38.9m1.03%	1.03%	Reduced -388	-388 -0.6%
23	NETFLIX INC COM NFLX	NFLX	397,840	$38.3m1.01%	1.01%	Added +296.3k	+296,298 291.8%
24	META PLATFORMS INC CL A META	META	65,044	$37.2m0.99%	0.99%	Reduced -5.0k	-5,010 -7.2%
25	LOWES COS INC COM LOW	LOW	155,495	$36.7m0.97%	0.97%	Added +1.1k	+1,092 0.7%
26	JOHNSON & JOHNSON COM JNJ	JNJ	143,311	$35.0m0.93%	0.93%	Reduced -3.2k	-3,181 -2.2%
27	VANGUARD INDEX FDS SMALL CP ETF VB	VB	133,084	$34.9m0.92%	0.92%	Added +15.0k	+15,006 12.7%
28	RTX CORPORATION COM RTX	RTX	174,555	$33.7m0.89%	0.89%	Reduced -184.5k	-184,470 -51.4%
29	CHEVRON CORP NEW COM CVX	CVX	159,494	$33.0m0.87%	0.87%	Added +758	+758 0.5%
30	PROCTER AND GAMBLE CO COM PG	PG	218,116	$31.5m0.83%	0.83%	Reduced -5.4k	-5,434 -2.4%
31	IQVIA HLDGS INC COM IQV	IQV	181,003	$30.9m0.82%	0.82%	Added +4.8k	+4,840 2.8%
32	BOSTON SCIENTIFIC CORP COM BSX	BSX	480,358	$30.1m0.80%	0.80%	Added +106.5k	+106,526 28.5%
33	MCDONALDS CORP COM MCD	MCD	96,049	$29.9m0.79%	0.79%	Reduced -2.2k	-2,195 -2.2%
34	THE CIGNA GROUP COM CI	CI	111,834	$29.8m0.79%	0.79%	Reduced -7.5k	-7,462 -6.3%
35	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	377,154	$29.6m0.78%	0.78%	Added +36.2k	+36,238 10.6%
36	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	385,308	$28.9m0.77%	0.77%	Added +56.2k	+56,214 17.1%
37	CATERPILLAR INC COM CAT	CAT	39,982	$28.3m0.75%	0.75%	Reduced -1.2k	-1,178 -2.9%
38	EATON CORP PLC SHS ETN	ETN	78,123	$27.9m0.74%	0.74%	Reduced -3.3k	-3,312 -4.1%
39	BLACKROCK INC COM BLK	BLK	29,052	$27.9m0.74%	0.74%	Added +167	+167 0.6%
40	MASTERCARD INCORPORATED CL A MA	MA	55,909	$27.9m0.74%	0.74%	Reduced -407	-407 -0.7%
41	ALPHABET INC CAP STK CL C GOOG	GOOG	95,707	$27.5m0.73%	0.73%	Reduced -3.5k	-3,458 -3.5%
42	AIR PRODS & CHEMS INC COM APD	APD	93,845	$27.3m0.72%	0.72%	Reduced -676	-676 -0.7%
43	CUMMINS INC COM CMI	CMI	47,792	$25.7m0.68%	0.68%	Reduced -363	-363 -0.8%
44	NORTHROP GRUMMAN CORP COM NOC	NOC	37,678	$25.7m0.68%	0.68%	Reduced -2.3k	-2,312 -5.8%
45	ISHARES TR CORE MSCI EAFE IEFA	IEFA	280,427	$25.4m0.67%	0.67%	Added +16.9k	+16,871 6.4%
46	CISCO SYS INC COM CSCO	CSCO	318,232	$24.7m0.65%	0.65%	Added +2.3k	+2,290 0.7%
47	MONDELEZ INTL INC CL A MDLZ	MDLZ	421,991	$24.3m0.64%	0.64%	Reduced -146.1k	-146,144 -25.7%
48	VANGUARD INDEX FDS MCAP GR IDXVIP VOT	VOT	92,668	$23.8m0.63%	0.63%	Added +12.5k	+12,493 15.6%
49	UNION PAC CORP COM UNP	UNP	93,760	$22.7m0.60%	0.60%	Added +4.0k	+4,022 4.5%
50	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	51,806	$22.6m0.60%	0.60%	Added +860	+860 1.7%
51	XCEL ENERGY INC COM XEL	XEL	284,701	$22.6m0.60%	0.60%	Added +4.0k	+3,960 1.4%
52	ALLSTATE CORP COM ALL	ALL	106,882	$22.2m0.59%	0.59%	Reduced -1.1k	-1,082 -1.0%
53	WOODWARD INC COM WWD	WWD	61,163	$21.9m0.58%	0.58%	Reduced -216	-216 -0.3%
54	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	164,423	$21.9m0.58%	0.58%	Reduced -3.3k	-3,298 -2.0%
55	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	43,160	$21.2m0.56%	0.56%	Reduced -311	-311 -0.7%
56	PEPSICO INC COM PEP	PEP	134,981	$21.0m0.55%	0.55%	Reduced -3.5k	-3,519 -2.5%
57	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	97,368	$20.9m0.55%	0.55%	Reduced -614	-614 -0.6%
58	COCA COLA CO COM KO	KO	269,719	$20.5m0.54%	0.54%	Added +1.4k	+1,437 0.5%
59	AMERIPRISE FINL INC COM AMP	AMP	45,367	$20.2m0.53%	0.53%	Reduced -1.0k	-1,002 -2.2%
60	VANGUARD INDEX FDS VALUE ETF VTV	VTV	97,037	$19.0m0.50%	0.50%	Added +8.1k	+8,086 9.1%
61	ISHARES TR CORE S&P500 ETF IVV	IVV	28,551	$18.6m0.49%	0.49%	Added +1.4k	+1,369 5.0%
62	BANK AMERICA CORP COM BAC	BAC	371,866	$18.1m0.48%	0.48%	Added +7.4k	+7,428 2.0%
63	PHILLIPS 66 COM PSX	PSX	97,319	$17.7m0.47%	0.47%	Added +477	+477 0.5%
64	ISHARES INC CORE MSCI EMKT IEMG	IEMG	254,056	$17.7m0.47%	0.47%	Added +9.9k	+9,933 4.1%
65	NEXTERA ENERGY INC COM NEE	NEE	189,227	$17.6m0.47%	0.47%	Reduced -858	-858 -0.5%
66	ISHARES TR EAFE VALUE ETF EFV	EFV	227,474	$16.9m0.45%	0.45%	Added +5.4k	+5,448 2.5%
67	SPDR SER TR S&P DIVID ETF SDY	SDY	106,752	$15.6m0.41%	0.41%	Reduced -2.1k	-2,126 -1.9%
68	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	210,383	$15.5m0.41%	0.41%	Added +25.5k	+25,539 13.8%
69	MEDTRONIC PLC SHS MDT	MDT	177,589	$15.4m0.41%	0.41%	Reduced -5.4k	-5,375 -2.9%
70	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	47,296	$15.2m0.40%	0.40%	Added +1.0k	+1,023 2.2%
71	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	275,662	$14.9m0.39%	0.39%	Added +28.4k	+28,439 11.5%
72	ISHARES TR S&P 500 VAL ETF IVE	IVE	69,159	$14.6m0.39%	0.39%	Added +1.9k	+1,933 2.9%
73	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	78,918	$14.5m0.39%	0.39%	Added +9.7k	+9,688 14.0%
74	VANGUARD BD INDEX FDS INTERMED TERM BIV	BIV	187,204	$14.4m0.38%	0.38%	Added +5.2k	+5,169 2.8%
75	SPDR GOLD TR GOLD SHS GLD	GLD	32,464	$14.0m0.37%	0.37%	Reduced -197	-197 -0.6%
76	WASTE MGMT INC DEL COM WM	WM	60,482	$13.9m0.37%	0.37%	Reduced -544	-544 -0.9%
77	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	23,933	$13.8m0.37%	0.37%	Added +923	+923 4.0%
78	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	210,016	$13.5m0.36%	0.36%	Added +25.6k	+25,619 13.9%
79	HONEYWELL INTL INC COM COM		58,113	$13.1m0.35%	0.35%	Added +26.4k	+26,417 83.3%
80	WALMART INC COM WMT	WMT	104,501	$13.0m0.34%	0.34%	Reduced -1.0k	-1,030 -1.0%
81	UNITEDHEALTH GROUP INC COM UNH	UNH	47,816	$12.9m0.34%	0.34%	Reduced -2.9k	-2,860 -5.6%
82	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	140,060	$12.9m0.34%	0.34%	Reduced -12.9k	-12,931 -8.4%
83	ISHARES TR RUS 1000 GRW ETF IWF	IWF	29,848	$12.7m0.34%	0.34%	Added +475	+475 1.6%
84	SYSCO CORP COM SYY	SYY	173,988	$12.4m0.33%	0.33%	Added +1.4k	+1,427 0.8%
85	MERCK & CO INC COM MRK	MRK	100,610	$12.1m0.32%	0.32%	Reduced -731	-731 -0.7%
86	ABBOTT LABS COM ABT	ABT	116,761	$12.0m0.32%	0.32%	Reduced -3.8k	-3,846 -3.2%
87	DANAHER CORPORATION COM DHR	DHR	57,427	$10.9m0.29%	0.29%	Reduced -2.8k	-2,804 -4.7%
88	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	72,404	$10.7m0.28%	0.28%	Added +49	+49 0.1%
89	COMCAST CORP NEW CL A CMCSA	CMCSA	370,358	$10.6m0.28%	0.28%	Added +4.1k	+4,142 1.1%
90	SOUTHERN CO COM SO	SO	109,048	$10.5m0.28%	0.28%	Added +16.1k	+16,101 17.3%
91	ISHARES TR S&P 500 GRWT ETF IVW	IVW	87,577	$9.9m0.26%	0.26%	Reduced -687	-687 -0.8%
92	ISHARES TR CORE S&P MCP ETF IJH	IJH	145,110	$9.8m0.26%	0.26%	Added +2.0k	+1,974 1.4%
93	ISHARES TR RUSSELL 2000 ETF IWM	IWM	39,392	$9.8m0.26%	0.26%	Added +2.4k	+2,421 6.5%
94	FISERV INC COM FISV	FISV	173,192	$9.7m0.26%	0.26%	Added +16.9k	+16,852 10.8%
95	ZOETIS INC CL A ZTS	ZTS	75,959	$9.0m0.24%	0.24%	Added +6.8k	+6,842 9.9%
96	ISHARES TR S&P MC 400GR ETF IJK	IJK	87,643	$8.8m0.23%	0.23%	Added +278	+278 0.3%
97	ABBVIE INC COM ABBV	ABBV	39,861	$8.7m0.23%	0.23%	Reduced -914	-914 -2.2%
98	AMGEN INC COM AMGN	AMGN	22,995	$8.1m0.21%	0.21%	Reduced -520	-520 -2.2%
99	T-MOBILE US INC COM TMUS	TMUS	37,290	$7.8m0.21%	0.21%	Added +3.4k	+3,425 10.1%
100	US BANCORP DEL COM NEW USB	USB	147,264	$7.7m0.20%	0.20%	Reduced -3.7k	-3,710 -2.5%

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
AMCOR PLC AMCR	AMCR	217,701	$1.8m217.7k shares
INVESCO EXCHANGE TRADED FD T XLG	XLG	6,219	$368.7k6.2k shares
SPDR SERIES TRUST SPYG	SPYG	3,173	$338.6k3.2k shares
PAYCHEX INC PAYX	PAYX	2,951	$331.0k3.0k shares
INTUITIVE SURGICAL INC ISRG	ISRG	568	$321.7k568 shares
SPDR SERIES TRUST SPYV	SPYV	5,647	$320.8k5.6k shares
CASELLA WASTE SYS INC CWST	CWST	3,126	$306.2k3.1k shares
PALANTIR TECHNOLOGIES INC PLTR	PLTR	1,608	$285.8k1.6k shares
INTUIT INTU	INTU	414	$274.2k414 shares
PROCORE TECHNOLOGIES INC PCOR	PCOR	3,389	$246.5k3.4k shares
ACCENTURE PLC IRELAND ACN	ACN	906	$243.1k906 shares
SHIFT4 PMTS INC FOUR	FOUR	3,644	$229.5k3.6k shares
WATERS CORP WAT	WAT	566	$215.0k566 shares
VANGUARD WORLD FD VCR	VCR	545	$214.7k545 shares
VANGUARD INDEX FDS VV	VV	669	$210.6k669 shares
PAYPAL HLDGS INC PYPL	PYPL	3,564	$208.1k3.6k shares
TREX CO INC TREX	TREX	5,710	$200.3k5.7k shares
CERTARA INC CERT	CERT	10,933	$96.3k10.9k shares