Associated Banc-Corp
SEC Form 13F institutional filer · CIK 0000007789
13F-HR · 195 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$3.21B
Top-10 concentration
40.3%
Associated Banc-Corp — $3.21B AUM allocation strategy
Associated Banc-Corp files SEC Form 13F and reports $3.21B of long US equity value across 195 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 21.6%, followed by Financials 7.9% and Communication Services 5.8%.
The top 10 holdings account for 40% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Associated Banc-Corp — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$3.21B
total across 195 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
40% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$NFLX +296K sh · +$28.7M+$BSX +107K sh · −$5.5M+$ODFL +84.4K sh · +$21.3M
Biggest trims (shares)
−$RTX −184K sh · −$32.2M−$LRCX −176K sh · −$4.68M−$AMCR −175K sh · −$116K
Exited to nil (held last quarter, gone now)
$PAYX ($331K last qtr)$ISRG ($322K last qtr)$PLTR ($286K last qtr)$INTU ($274K last qtr)$ACN ($243K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Systems Software6.4%—
- Interactive Media & Services5.8%—
- Semiconductors5.3%—
- Technology Hardware, Storage & Peripherals4.5%—
- Semiconductor Materials & Equipment4.0%—
- Broadline Retail3.8%—
- Diversified Banks3.5%—
- Tobacco3.0%—
- Other holdings63.5%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $GOOG | Alphabet Inc. Class C Capital Stock | 653K | $188M | -34.7K | 5.8% |
| $NVDA | NVIDIA Corporation | 978K | $171M | +142 | 5.3% |
| $MSFT | Microsoft Corporation | 436K | $161M | -693 | 5.0% |
| $AAPL | Apple Inc | 571K | $145M | -9.77K | 4.5% |
| $LRCX | Lam Research Corporation | 599K | $128M | -176K | 4.0% |
| $AMZN | Amazon.com Inc | 586K | $122M | +4.26K | 3.8% |
| $JPM | JP Morgan Chase & Co | 386K | $113M | -7.61K | 3.5% |
| $PM | Philip Morris International Inc | 579K | $95.7M | +8.86K | 3.0% |
| $XOM | ExxonMobil Holdings Corporation | 536K | $91M | -3.44K | 2.8% |
…and 186 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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