Q2 2026 13F · SEC CIK 7789

Associated Banc-Corp

Bank & trustFiled 2026-07-31 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $4.2B
Reported positions: 381
Top holdings a year, 3 yrs: +22.5%
Average holding period: 9.1 yrs

Associated Banc-Corp is a bank & trust that reported 381 positions worth $4.2B in its Q2 2026 13F, filed 2026-07-31. Its largest holdings were Lam Research Corp (LRCX, 5.6%), Alphabet Inc (GOOGL, 5.4%), Nvidia Corporation (NVDA, 4.6%). A portfolio copying its top holdings returned 22.5% a year over the last 3 years, against 20.4% for the S&P 500.

Associated Banc-Corp holdings largest 50 of 381 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Associated Banc-Corp 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
LRCXLam Research Corp	5.6%	3.4%	546,875	-8.7%	$237.0M
GOOGLAlphabet Inc	5.4%	5.0%	635,810	-2.6%	$227.2M
NVDANvidia Corporation	4.6%	4.5%	972,431	-0.5%	$194.6M
AAPLApple Inc	3.9%	3.8%	561,437	-1.6%	$162.5M
MSFTMicrosoft Corp	3.8%	4.3%	430,040	-1.3%	$160.4M
AMZNAmazon Com Inc	3.3%	3.2%	582,131	-0.6%	$138.7M
JPMJpmorgan Chase & Co	3.0%	3.0%	380,490	-1.4%	$124.5M
PMPhilip Morris Intl Inc	2.2%	2.5%	514,894	-11.1%	$93.1M
VOVanguard Index Fds	2.0%	1.9%	1,039,951	+310.2%	$83.8M
ASBAssociated Banc-Corp	1.8%	1.8%	2,478,369	-4.2%	$76.3M
XOMExxon Mobil Corp	1.7%	2.4%	530,889	-1.0%	$72.6M
LLYEli Lilly & Co	1.7%	1.4%	59,627	+1.0%	$71.5M
VOOVanguard Index Fds	1.3%	1.2%	77,015	+2.0%	$52.9M
BRK-BBerkshire Hathaway Inc Del	1.2%	1.3%	104,096	-0.1%	$52.1M
ODFLOld Dominion Freight Line in	1.1%	1.1%	218,741	+4.1%	$47.4M
KMBKimberly-Clark Corp	1.1%	1.1%	430,287	-3.0%	$47.2M
SCHWCharles Schwab Corp (the)	1.1%	1.3%	508,338	+0.1%	$46.9M
UBERUber Technologies Inc	1.1%	1.2%	641,250	+1.6%	$46.3M
NOWServicenow Inc	1.0%	1.2%	444,522	+0.8%	$44.1M
SPYState Str Spdr S&p 500 ETF T	1.0%	1.0%	58,953	-1.4%	$44.0M
COFCapital One Finl Corp	1.0%	1.1%	216,846	-1.4%	$43.5M
VBVanguard Index Fds	1.0%	0.9%	136,256	+2.4%	$41.3M
CATCaterpillar Inc	1.0%	0.8%	38,746	-3.1%	$41.3M
IQVIqvia Hldgs Inc	0.9%	0.8%	200,579	+10.8%	$38.8M
JNJJohnson & Johnson	0.9%	0.9%	151,471	+5.7%	$38.5M
CSCOCisco Sys Inc	0.9%	0.7%	311,285	-2.2%	$36.6M
CRMSalesforce Inc	0.9%	1.2%	230,809	-1.3%	$36.2M
METAMeta Platforms Inc	0.9%	1.0%	63,839	-1.9%	$36.0M
LOWLowes Cos Inc	0.8%	1.0%	156,196	+0.5%	$34.4M
SYYSysco Corp	0.8%	—	405,972	—	$33.9M
VEUVanguard Intl Equity Index F	0.8%	0.8%	404,746	+5.0%	$33.9M
GOOGAlphabet Inc	0.8%	0.7%	94,874	-0.9%	$33.5M
CMICummins Inc	0.8%	0.7%	46,722	-2.2%	$33.3M
ETNEaton Corp PLC	0.8%	0.7%	76,119	-2.6%	$32.4M
BSVVanguard Bd Index Fds	0.8%	0.8%	409,223	+8.5%	$31.9M
PGProcter & Gamble Co	0.8%	0.8%	215,309	-1.3%	$31.6M
XLKSelect Sector Spdr Tr	0.7%	—	163,253	—	$31.1M
RTXRtx Corporation	0.7%	0.9%	161,308	-7.6%	$30.6M
NFLXNetflix Inc.	0.7%	1.0%	419,114	+5.3%	$29.9M
MAMastercard Incorporated	0.7%	0.7%	56,369	+0.8%	$29.0M
VOTVanguard Index Fds	0.7%	0.6%	91,552	-1.2%	$28.0M
VUGVanguard Index Fds	0.7%	0.6%	321,776	+521.1%	$27.7M
IEFAIshares Tr	0.7%	0.7%	283,379	+1.1%	$27.4M
BLKBlackrock Inc	0.7%	0.7%	28,446	-2.1%	$27.4M
MCDMcdonalds Corp	0.6%	0.8%	101,071	+5.2%	$27.3M
APDAir Products and Chemicals I	0.6%	0.7%	92,619	-1.3%	$27.2M
CVXChevron Corporation	0.6%	0.9%	160,743	+0.8%	$26.6M
WWDWoodward, Inc.	0.6%	—	61,163	—	$26.0M
UNPUnion Pac Corp	0.6%	0.6%	94,457	+0.7%	$25.7M
ALLAllstate Corp	0.6%	—	105,657	—	$25.1M

What Associated Banc-Corp bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

VUG Vanguard Index Fds+521.1% shares
VO Vanguard Index Fds+310.2% shares
IQV Iqvia Hldgs Inc+10.8% shares
BSV Vanguard Bd Index Fds+8.5% shares
JNJ Johnson & Johnson+5.7% shares
NFLX Netflix Inc.+5.3% shares
MCD Mcdonalds Corp+5.2% shares
VEU Vanguard Intl Equity Index F+5.0% shares

Reduced

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +23.2% /yr; S&P 500 +20.1%
3 years: +22.5% /yr; S&P 500 +20.4%
5 years: +12.7% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$4.2B	381
Q1 2026	$3.8B	331
Q4 2025	$3.9B	332
Q3 2025	$3.8B	339
Q2 2025	$3.5B	321
Q1 2025	$3.3B	320
Q4 2024	$3.3B	317
Q3 2024	$3.4B	328
Q2 2024	$3.2B	315
Q1 2024	$3.2B	313
Q4 2023	$2.9B	309
Q3 2023	$2.6B	303

Questions about Associated Banc-Corp's portfolio

What stocks does Associated Banc-Corp own?

Associated Banc-Corp's latest 13F, for Q2 2026 and filed Jul 31, 2026, lists 381 positions worth $4.2B. The largest are Lam Research Corp (LRCX) at 5.6%, Alphabet Inc (GOOGL) at 5.4%, Nvidia Corporation (NVDA) at 4.6%, Apple Inc (AAPL) at 3.9% and Microsoft Corp (MSFT) at 3.8%.

What did Associated Banc-Corp buy last quarter?

In Q2 2026, Associated Banc-Corp added Vanguard Index Fds (VUG) (+521.1% shares), Vanguard Index Fds (VO) (+310.2% shares) and Iqvia Hldgs Inc (IQV) (+10.8% shares), compared with its Q1 2026 filing.

What did Associated Banc-Corp sell last quarter?

In Q2 2026, Associated Banc-Corp cut from its top 50 Boston Scientific Corp (BSX), cut from its top 50 The Cigna Group (CI), cut from its top 50 Northrop Grumman Corp (NOC), cut from its top 50 Mondelez International (MDLZ), Philip Morris Intl Inc (PM) (-11.1% shares), Lam Research Corp (LRCX) (-8.7% shares) and Rtx Corporation (RTX) (-7.6% shares), compared with its Q1 2026 filing.

How has Associated Banc-Corp's portfolio performed?

A portfolio copying Associated Banc-Corp's 20 largest 13F holdings each quarter, from the day each filing was public, returned +22.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +23.2% against +20.1%. Over 5 years: +12.7% a year against +11.6%.

When is Associated Banc-Corp's next 13F filing due?

13F filings are due 45 days after each quarter ends. Associated Banc-Corp's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.