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Associated Banc Top Holdings and 13F Report (2025)

About Associated Banc

Associated Banc NYSE: ASB has filed 13-F forms with the SEC as an investor. Associated Banc is itself a publicly traded company. For more information on Associated Banc stock, visit the Associated Banc stock profile here.

Investment Activity

  • Associated Banc has $3.53 billion in total holdings as of June 30, 2025.
  • Associated Banc owns shares of 321 different stocks, but just 67 companies or ETFs make up 80% of its holdings.
  • Approximately 3.76% of the portfolio was purchased this quarter.
  • About 3.51% of the portfolio was sold this quarter.
  • This quarter, Associated Banc has purchased 320 new stocks and bought additional shares in 98 stocks.
  • Associated Banc sold shares of 173 stocks and completely divested from 15 stocks this quarter.

Largest Holdings

Microsoft
$215,995,815
NVIDIA
$155,878,463
Alphabet
$130,970,257
Apple
$124,469,252

Largest New Holdings this Quarter

79466L302 - Salesforce
$24,761,070 Holding
464288802 - iShares MSCI USA ESG Select ETF
$333,225 Holding
46120E602 - Intuitive Surgical
$308,656 Holding
032095101 - Amphenol
$278,475 Holding
049560105 - Atmos Energy
$276,935 Holding

Largest Purchases this Quarter

Capital One Financial
232,613 shares (about $49.49M)
Salesforce
90,803 shares (about $24.76M)
Vanguard FTSE Emerging Markets ETF
106,146 shares (about $5.25M)
Old Dominion Freight Line
31,105 shares (about $5.05M)
Uber Technologies
47,424 shares (about $4.42M)

Largest Sales this Quarter

Paycom Software
61,220 shares (about $14.17M)
Apple
22,659 shares (about $4.65M)
Caterpillar
10,593 shares (about $4.11M)
United Parcel Service
33,232 shares (about $3.35M)
Vanguard Real Estate ETF
33,844 shares (about $3.01M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofAssociated Banc

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
Microsoft Corporation stock logo
MSFT
Microsoft
$215,995,815$2,418,407 -1.1%434,2416.1%Computer and Technology
NVIDIA Corporation stock logo
NVDA
NVIDIA
$155,878,463$1,348,287 0.9%986,6354.4%Computer and Technology
Alphabet Inc. stock logo
GOOGL
Alphabet
$130,970,257$908,994 -0.7%743,1783.7%Computer and Technology
Apple Inc. stock logo
AAPL
Apple
$124,469,252$4,648,947 -3.6%606,6643.5%Computer and Technology
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$114,704,630$1,401,135 -1.2%395,6563.3%Finance
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$111,028,671$397,535 -0.4%506,0793.1%Retail/Wholesale
Philip Morris International Inc. stock logo
PM
Philip Morris International
$100,128,152$1,054,897 1.1%549,7622.8%Consumer Staples
LAM RESEARCH CORP
$94,254,516$478,134 0.5%968,3022.7%COM NEW
ServiceNow, Inc. stock logo
NOW
ServiceNow
$75,138,254$35,983 0.0%73,0862.1%Computer and Technology
Fiserv, Inc. stock logo
FI
Fiserv
$67,315,414$371,888 -0.5%390,4381.9%Business Services
Associated Banc-Corp stock logo
ASB
Associated Banc
$60,099,593$1,451,473 -2.4%2,464,1081.7%Finance
Kimberly-Clark Co. stock logo
KMB
Kimberly-Clark
$58,097,024$261,837 -0.4%450,6441.6%Consumer Staples
Exxon Mobil Corporation stock logo
XOM
Exxon Mobil
$56,342,423$87,965 -0.2%522,6571.6%Energy
Meta Platforms, Inc. stock logo
META
Meta Platforms
$55,954,602$300,403 -0.5%75,8101.6%Computer and Technology
Capital One Financial Corporation stock logo
COF
Capital One Financial
$52,501,508$49,490,741 1,643.8%246,7641.5%Finance
RTX Corporation stock logo
RTX
RTX
$50,867,526$520,561 1.0%348,3601.4%Aerospace
Vanguard Mid-Cap ETF stock logo
VO
Vanguard Mid-Cap ETF
$48,408,910$3,583,783 8.0%172,9941.4%ETF
Uber Technologies, Inc. stock logo
UBER
Uber Technologies
$45,664,471$4,424,659 10.7%489,4371.3%Computer and Technology
The Charles Schwab Corporation stock logo
SCHW
Charles Schwab
$44,043,736$536,947 1.2%482,7241.2%Finance
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$43,585,226$326,923 -0.7%89,7241.2%Finance
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$43,159,457$677,412 1.6%55,3661.2%Medical
Boston Scientific Corporation stock logo
BSX
Boston Scientific
$39,962,964$303,004 -0.8%372,0601.1%Medical
Vanguard S&P 500 ETF stock logo
VOO
Vanguard S&P 500 ETF
$39,595,099$1,383,721 3.6%69,7061.1%ETF
Mondelez International, Inc. stock logo
MDLZ
Mondelez International
$39,344,899$396,884 -1.0%583,4061.1%Consumer Staples
Cigna Group stock logo
CI
Cigna Group
$38,623,975$130,910 0.3%116,8371.1%Medical
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$37,714,799$17,300 0.0%61,0421.1%Finance
Procter & Gamble Company (The) stock logo
PG
Procter & Gamble
$37,234,039$988,421 -2.6%233,7061.1%Consumer Staples
Lowe's Companies, Inc. stock logo
LOW
Lowe's Companies
$33,469,311$184,374 0.6%150,8510.9%Retail/Wholesale
Mastercard Incorporated stock logo
MA
Mastercard
$32,126,109$1,012,616 -3.1%57,1700.9%Business Services
Eaton Corporation, PLC stock logo
ETN
Eaton
$31,130,598$2,678,853 -7.9%87,2030.9%Industrials
BLACKROCK INC
$30,448,185$339,957 -1.1%29,0190.9%COM
McDonald's Corporation stock logo
MCD
McDonald's
$29,032,347$486,463 -1.6%99,3680.8%Retail/Wholesale
Air Products and Chemicals, Inc. stock logo
APD
Air Products and Chemicals
$27,457,130$262,880 -0.9%97,3450.8%Basic Materials
IQVIA Holdings Inc. stock logo
IQV
IQVIA
$26,912,904$56,102 0.2%170,7780.8%Medical
Vanguard Short-Term Bond ETF stock logo
BSV
Vanguard Short-Term Bond ETF
$26,775,864$884,509 3.4%340,2270.8%ETF
Ameriprise Financial, Inc. stock logo
AMP
Ameriprise Financial
$25,501,085$234,841 -0.9%47,7790.7%Finance
Vanguard Growth ETF stock logo
VUG
Vanguard Growth ETF
$24,941,014$52,608 0.2%56,8910.7%ETF
Salesforce Inc. stock logo
CRM
Salesforce
$24,761,070$24,761,070 New Holding90,8030.7%Computer and Technology
Chevron Corporation stock logo
CVX
Chevron
$23,581,917$572,333 2.5%164,6890.7%Energy
Vanguard Small-Cap ETF stock logo
VB
Vanguard Small-Cap ETF
$22,282,755$3,080,503 16.0%94,0280.6%ETF
Johnson & Johnson stock logo
JNJ
Johnson & Johnson
$22,240,858$535,847 -2.4%145,6030.6%Medical
The Allstate Corporation stock logo
ALL
Allstate
$22,048,275$557,629 -2.5%109,5240.6%Finance
Technology Select Sector SPDR Fund stock logo
XLK
Technology Select Sector SPDR Fund
$21,481,500$1,925,054 -8.2%84,8300.6%ETF
Cisco Systems, Inc. stock logo
CSCO
Cisco Systems
$21,455,556$505,503 2.4%309,2470.6%Computer and Technology
Paycom Software, Inc. stock logo
PAYC
Paycom Software
$20,990,756$14,166,307 -40.3%90,7120.6%Computer and Technology
Vanguard Dividend Appreciation ETF stock logo
VIG
Vanguard Dividend Appreciation ETF
$20,169,409$815,405 -3.9%98,5460.6%ETF
Northrop Grumman Corporation stock logo
NOC
Northrop Grumman
$19,849,205$408,984 -2.0%39,7000.6%Aerospace
Union Pacific Corporation stock logo
UNP
Union Pacific
$19,749,146$843,703 -4.1%85,8360.6%Transportation
Xcel Energy Inc. stock logo
XEL
Xcel Energy
$19,624,784$205,458 -1.0%288,1760.6%Utilities
PepsiCo, Inc. stock logo
PEP
PepsiCo
$19,048,089$936,296 -4.7%144,2600.5%Consumer Staples
CocaCola Company (The) stock logo
KO
CocaCola
$18,836,550$392,238 -2.0%266,2410.5%Consumer Staples
iShares Core MSCI EAFE ETF stock logo
IEFA
iShares Core MSCI EAFE ETF
$18,741,176$1,285,425 7.4%224,4990.5%ETF
Alphabet Inc. stock logo
GOOG
Alphabet
$18,338,577$400,547 -2.1%103,3800.5%Computer and Technology
Thermo Fisher Scientific Inc. stock logo
TMO
Thermo Fisher Scientific
$18,008,505$349,507 -1.9%44,4150.5%Medical
Vanguard FTSE All-World ex-US ETF stock logo
VEU
Vanguard FTSE All-World ex-US ETF
$17,380,469$2,469,595 16.6%258,5610.5%ETF
Bank of America Corporation stock logo
BAC
Bank of America
$17,041,351$475,708 -2.7%360,1300.5%Finance
Vanguard Value ETF stock logo
VTV
Vanguard Value ETF
$16,959,263$19,972 0.1%95,9560.5%ETF
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$16,928,739$623,628 -3.6%54,2640.5%Medical
Abbott Laboratories stock logo
ABT
Abbott Laboratories
$16,877,616$587,155 -3.4%124,0910.5%Medical
Caterpillar Inc. stock logo
CAT
Caterpillar
$16,245,811$4,112,308 -20.2%41,8480.5%Industrials
Cummins Inc. stock logo
CMI
Cummins
$16,141,492$52,727 -0.3%49,2870.5%Auto/Tires/Trucks
Vanguard Total Stock Market ETF stock logo
VTI
Vanguard Total Stock Market ETF
$15,883,077$1,243,378 -7.3%52,2590.5%ETF
Medtronic PLC stock logo
MDT
Medtronic
$15,614,935$91,528 -0.6%179,1320.4%Medical
iShares Core S&P 500 ETF stock logo
IVV
iShares Core S&P 500 ETF
$15,178,521$298,653 2.0%24,4460.4%ETF
Woodward, Inc. stock logo
WWD
Woodward
$15,169,600$44,116 -0.3%61,8940.4%Aerospace
SPDR S&P Dividend ETF stock logo
SDY
SPDR S&P Dividend ETF
$14,572,107$81,167 -0.6%107,3610.4%ETF
iShares Core MSCI Emerging Markets ETF stock logo
IEMG
iShares Core MSCI Emerging Markets ETF
$14,283,957$98,089 0.7%237,9470.4%ETF
Waste Management, Inc. stock logo
WM
Waste Management
$14,133,066$405,927 -2.8%61,7650.4%Business Services
Vanguard Intermediate-Term Bond ETF stock logo
BIV
Vanguard Intermediate-Term Bond ETF
$13,957,394$626,763 4.7%180,4680.4%ETF
iShares S&P 500 Value ETF stock logo
IVE
iShares S&P 500 Value ETF
$13,898,660$1,265,149 10.0%71,1220.4%ETF
Comcast Corporation stock logo
CMCSA
Comcast
$13,429,182$17,417 -0.1%376,2730.4%Consumer Discretionary
iShares MSCI EAFE Value ETF stock logo
EFV
iShares MSCI EAFE Value ETF
$13,369,776$1,920,524 16.8%210,6140.4%ETF
Danaher Corporation stock logo
DHR
Danaher
$13,296,417$459,478 -3.3%67,3100.4%Medical
Sysco Corporation stock logo
SYY
Sysco
$13,135,587$91,645 -0.7%173,4300.4%Consumer Staples
NextEra Energy, Inc. stock logo
NEE
NextEra Energy
$13,071,021$321,276 -2.4%188,2890.4%Utilities
Vanguard Total Bond Market ETF stock logo
BND
Vanguard Total Bond Market ETF
$12,610,021$64,426 0.5%171,2620.4%ETF
Phillips 66 stock logo
PSX
Phillips 66
$11,714,424$495,095 -4.1%98,1930.3%Energy
Walmart Inc. stock logo
WMT
Walmart
$11,278,335$403,538 -3.5%115,3440.3%Retail/Wholesale
iShares S&P 500 Growth ETF stock logo
IVW
iShares S&P 500 Growth ETF
$10,702,710$981,101 10.1%97,2090.3%ETF
Vanguard High Dividend Yield ETF stock logo
VYM
Vanguard High Dividend Yield ETF
$10,668,265$432,724 4.2%80,0260.3%ETF
Vanguard FTSE Emerging Markets ETF stock logo
VWO
Vanguard FTSE Emerging Markets ETF
$10,444,566$5,249,981 101.1%211,1720.3%ETF
iShares Core S&P Mid-Cap ETF stock logo
IJH
iShares Core S&P Mid-Cap ETF
$9,765,173$30,638 0.3%157,4520.3%ETF
Netflix, Inc. stock logo
NFLX
Netflix
$9,581,474$162,035 1.7%7,1550.3%Consumer Discretionary
Invesco QQQ stock logo
QQQ
Invesco QQQ
$9,426,424$919,032 10.8%17,0880.3%Finance
Vanguard FTSE Developed Markets ETF stock logo
VEA
Vanguard FTSE Developed Markets ETF
$9,137,162$1,181,304 14.8%160,2730.3%ETF
Stryker Corporation stock logo
SYK
Stryker
$9,134,304$326,790 3.7%23,0880.3%Medical
VanEck Gold Miners ETF stock logo
GDX
VanEck Gold Miners ETF
$9,126,481$818,695 -8.2%175,3070.3%ETF
The Home Depot, Inc. stock logo
HD
Home Depot
$9,016,776$119,891 -1.3%24,5930.3%Retail/Wholesale
Southern Company (The) stock logo
SO
Southern
$8,857,003$140,133 -1.6%96,4500.3%Utilities
SPDR Gold Shares stock logo
GLD
SPDR Gold Shares
$8,715,088$1,381,489 18.8%28,5900.2%Finance
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$8,347,500$1,136,817 -12.0%105,4510.2%Medical
Vanguard Real Estate ETF stock logo
VNQ
Vanguard Real Estate ETF
$8,104,637$3,014,146 -27.1%91,0020.2%ETF
iShares S&P Mid-Cap 400 Growth ETF stock logo
IJK
iShares S&P Mid-Cap 400 Growth ETF
$8,092,488$345,633 -4.1%88,9480.2%ETF
Vanguard Mid-Cap Growth ETF stock logo
VOT
Vanguard Mid-Cap Growth ETF
$7,957,232$1,710,890 27.4%27,9800.2%ETF
Honeywell International Inc. stock logo
HON
Honeywell International
$7,618,668$471,116 -5.8%32,7150.2%Multi-Sector Conglomerates
Starbucks Corporation stock logo
SBUX
Starbucks
$7,589,437$84,758 -1.1%82,8270.2%Retail/Wholesale
iShares Russell 1000 Value ETF stock logo
IWD
iShares Russell 1000 Value ETF
$7,555,935$185,101 -2.4%38,9020.2%ETF
The Walt Disney Company stock logo
DIS
Walt Disney
$7,367,309$55,556 0.8%59,4090.2%Consumer Discretionary
Vanguard Mid-Cap Value ETF stock logo
VOE
Vanguard Mid-Cap Value ETF
$7,229,167$1,760,380 32.2%43,9570.2%ETF
Zoetis Inc. stock logo
ZTS
Zoetis
$7,001,530$143,942 -2.0%44,8960.2%Medical

Showing largest 100 holdings. View all holdings.
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