Associated Banc-corp 13F annual report

Associated Banc-corp is an investment fund managing more than $3.21 trillion ran by Jayne Hladio. There are currently 237 companies in Mrs. Hladio’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $335 billion.

Limited to 30 biggest holdings

$3.21 trillion Assets Under Management (AUM)

As of 25th July 2024, Associated Banc-corp’s top holding is 430,075 shares of Microsoft currently worth over $192 billion and making up 6.0% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Associated Banc-corp owns more than approximately 0.1% of the company. In addition, the fund holds 678,789 shares of Apple Inc worth $143 billion, whose value grew 17.1% in the past six months. The third-largest holding is Alphabet Inc worth $157 billion and the next is NVIDIA Corp worth $125 billion, with 1,012,469 shares owned.

Currently, Associated Banc-corp's portfolio is worth at least $3.21 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Associated Banc-corp

The Associated Banc-corp office and employees reside in Green Bay, Wisconsin. According to the last 13-F report filed with the SEC, Jayne Hladio serves as the EVP, President of Private Wealth at Associated Banc-corp.

Recent trades

In the most recent 13F filing, Associated Banc-corp revealed that it had opened a new position in Paycom Software Inc and bought 109,589 shares worth $15.7 billion. This means they effectively own approximately 0.1% of the company. Paycom Software Inc makes up 2.2% of the fund's Technology sector allocation and has decreased its share price by 55.0% in the past year.

The investment fund also strengthened its position in Alphabet Inc by buying 737 additional shares. This makes their stake in Alphabet Inc total 859,537 shares worth $157 billion. Alphabet Inc soared 31.3% in the past year.

On the other hand, there are companies that Associated Banc-corp is getting rid of from its portfolio. Associated Banc-corp closed its position in Bank First on 1st August 2024. It sold the previously owned 180,956 shares for $15.7 billion. Jayne Hladio also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $192 billion and 430,075 shares.

One of the largest hedge funds

The two most similar investment funds to Associated Banc-corp are Sumitomo Mitsui Financial Group, Inc and Bridges Investment Management Inc. They manage $3.21 trillion and $3.2 trillion respectively.


Jayne Hladio investment strategy

Associated Banc-corp’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 22.3% of the total portfolio value. The fund focuses on investments in the United States as 57.8% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 53% of the total holdings value. On the other hand, small-cap stocks make up only 2.5% of the portfolio. The average market cap of the portfolio companies is close to $133 billion.

The complete list of Associated Banc-corp trades based on 13F SEC filings

These positions were updated on August 1st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Microsoft Corporation
1.00%
430,075
$192,222,021,000 5.99%
Apple Inc
2.15%
678,789
$142,966,538,000 4.46%
Alphabet Inc
0.09%
859,537
$156,706,788,000 4.88%
NVIDIA Corp
753.16%
1,012,469
$125,080,420,000 3.90%
Amazon.com Inc.
0.88%
523,828
$101,229,760,000 3.15%
Lam Research Corp.
0.32%
85,754
$91,315,146,000 2.85%
JPMorgan Chase & Co.
0.23%
398,243
$80,548,628,000 2.51%
Kimberly-Clark Corp.
0.48%
496,085
$68,558,946,000 2.14%
ServiceNow Inc
5.09%
83,305
$65,533,543,000 2.04%
Fiserv, Inc.
4.09%
434,143
$64,704,671,000 2.02%
Exxon Mobil Corp.
1.57%
526,593
$60,621,385,000 1.89%
Associated Banc-Corp.
2.34%
2,767,191
$58,526,093,000 1.82%
Philip Morris International Inc
12.00%
531,576
$53,864,595,000 1.68%
Procter And Gamble Co
0.21%
250,229
$41,267,814,000 1.29%
Cigna Group (The)
1.75%
122,704
$40,562,260,000 1.26%
Mondelez International Inc.
4.09%
611,348
$40,006,612,000 1.25%
Meta Platforms Inc
5.57%
78,732
$39,698,248,000 1.24%
Berkshire Hathaway Inc.
2.01%
94,742
$40,376,547,000 1.26%
Thermo Fisher Scientific Inc.
0.41%
69,058
$38,189,074,000 1.19%
Eaton Corp Plc
10.03%
119,405
$37,439,540,000 1.17%
Spdr S&p 500 Etf Tr
1.23%
65,598
$35,699,742,000 1.11%
Schwab Charles Corp
11.47%
481,458
$35,478,639,000 1.11%
RTX Corp
7.17%
350,654
$35,202,154,000 1.10%
Lowes Cos Inc
0.50%
151,865
$33,480,157,000 1.04%
Boston Scientific Corp.
2.94%
424,253
$32,671,722,000 1.02%
Discover Finl Svcs
1.66%
244,894
$32,034,583,000 1.00%
Northrop Grumman Corp.
8.27%
71,464
$31,154,730,000 0.97%
Vanguard Index Fds
1.49%
649,159
$147,288,411,000 4.59%
Unitedhealth Group Inc
0.13%
60,357
$30,737,405,000 0.96%
Mcdonalds Corp
1.08%
107,902
$27,497,745,000 0.86%
Air Prods & Chems Inc
0.78%
105,429
$27,205,952,000 0.85%
Mastercard Incorporated
0.49%
61,648
$27,196,631,000 0.85%
IQVIA Holdings Inc
10.82%
127,685
$26,997,716,000 0.84%
Pepsico Inc
1.77%
162,710
$26,835,759,000 0.84%
Chevron Corp.
0.34%
160,707
$25,137,816,000 0.78%
Johnson & Johnson
2.03%
167,806
$24,526,524,000 0.76%
Blackrock Inc.
0.65%
30,813
$24,259,690,000 0.76%
Select Sector Spdr Tr
0.42%
447,709
$51,957,908,000 1.62%
Union Pac Corp
0.03%
95,886
$21,695,165,000 0.68%
Ameriprise Finl Inc
2.53%
50,567
$21,601,716,000 0.67%
Vanguard Bd Index Fds
1.06%
474,523
$35,727,554,000 1.11%
Eli Lilly & Co
12.40%
23,102
$20,916,088,000 0.65%
Sysco Corp.
1.01%
278,998
$19,917,666,000 0.62%
Caterpillar Inc.
1.72%
59,310
$19,756,160,000 0.62%
Merck & Co Inc
1.30%
158,962
$19,679,494,000 0.61%
Coca-Cola Co
0.58%
303,297
$19,304,853,000 0.60%
Allstate Corp (The)
0.85%
119,616
$19,097,890,000 0.60%
Danaher Corp.
1.94%
75,427
$18,845,435,000 0.59%
Comcast Corp New
4.39%
445,218
$17,434,736,000 0.54%
Vanguard Specialized Funds
3.80%
88,631
$16,179,588,000 0.50%
Phillips 66
0.87%
113,196
$15,979,878,000 0.50%
Xcel Energy Inc.
0.84%
295,591
$15,787,515,000 0.49%
Woodside Energy Group Ltd
0.29%
837,423
$15,751,925,000 0.49%
Bank First Corporation
Closed
180,956
$15,683,456,000
Paycom Software Inc
Opened
109,589
$15,675,610,000 0.49%
Abbott Labs
3.51%
147,143
$15,289,628,000 0.48%
Bank America Corp
1.09%
376,134
$14,958,848,000 0.47%
Waste Mgmt Inc Del
2.34%
68,443
$14,601,629,000 0.46%
Cisco Sys Inc
0.15%
303,566
$14,422,420,000 0.45%
Cummins Inc.
1.25%
50,616
$14,017,088,000 0.44%
NextEra Energy Inc
1.23%
194,600
$13,779,625,000 0.43%
Spdr Ser Tr
7.67%
118,230
$14,615,853,000 0.46%
Ishares Tr
3.03%
2,265,789
$145,237,700,000 4.53%
Medtronic Plc
4.51%
153,236
$12,061,205,000 0.38%
Ishares Inc
0.35%
221,813
$11,873,649,000 0.37%
Vanguard Whitehall Fds
0.40%
93,953
$11,142,825,000 0.35%
Honeywell International Inc
7.78%
51,801
$11,061,584,000 0.34%
Woodward Inc
0.22%
62,674
$10,929,092,000 0.34%
Vanguard Intl Equity Index F
26.14%
246,795
$13,293,739,000 0.41%
Healthpeak Properties Inc.
8.89%
494,105
$9,684,457,000 0.30%
Walmart Inc
0.47%
137,323
$9,298,139,000 0.29%
Home Depot, Inc.
0.09%
25,759
$8,867,277,000 0.28%
Zoetis Inc
0.98%
49,769
$8,627,953,000 0.27%
Disney Walt Co
3.13%
83,891
$8,329,537,000 0.26%
The Southern Co.
1.93%
106,952
$8,296,266,000 0.26%
CVS Health Corp
5.89%
139,921
$8,263,733,000 0.26%
AMGEN Inc.
1.53%
25,729
$8,039,025,000 0.25%
Pfizer Inc.
1.82%
285,808
$7,996,907,000 0.25%
Colgate-Palmolive Co.
3.33%
77,410
$7,511,866,000 0.23%
Stryker Corp.
7.04%
21,832
$7,428,337,000 0.23%
Starbucks Corp.
1.71%
93,134
$7,250,481,000 0.23%
Texas Instrs Inc
2.14%
35,417
$6,889,668,000 0.21%
Us Bancorp Del
7.58%
172,895
$6,863,931,000 0.21%
Bristol-Myers Squibb Co.
4.26%
162,867
$6,763,898,000 0.21%
Prudential Finl Inc
4.03%
56,665
$6,640,571,000 0.21%
Intel Corp.
7.59%
213,062
$6,598,529,000 0.21%
Analog Devices Inc.
6.25%
28,385
$6,479,159,000 0.20%
VanEck ETF Trust
2.19%
190,499
$6,463,630,000 0.20%
Verizon Communications Inc
0.81%
152,902
$6,305,677,000 0.20%
Eog Res Inc
0.61%
49,521
$6,233,207,000 0.19%
Abbvie Inc
4.07%
36,195
$6,208,166,000 0.19%
Boeing Co.
0.94%
33,643
$6,123,362,000 0.19%
Schwab Strategic Tr
1.06%
160,954
$8,388,330,000 0.26%
Vanguard Tax-managed Fds
3.58%
121,309
$5,995,090,000 0.19%
Truist Finl Corp
0.69%
144,361
$5,608,424,000 0.17%
Nike, Inc.
1.86%
71,184
$5,365,137,000 0.17%
Illinois Tool Wks Inc
0.44%
22,516
$5,335,390,000 0.17%
Microchip Technology, Inc.
6.60%
55,248
$5,055,192,000 0.16%
Spdr S&p Midcap 400 Etf Tr
6.27%
9,141
$4,891,166,000 0.15%
Spdr Gold Tr
1.08%
22,459
$4,828,909,000 0.15%
Vertex Pharmaceuticals, Inc.
1.49%
9,481
$4,443,934,000 0.14%
United Parcel Service, Inc.
4.79%
32,451
$4,440,919,000 0.14%
Emerson Elec Co
18.75%
38,756
$4,269,360,000 0.13%
Dollar Gen Corp New
2.22%
31,016
$4,101,245,000 0.13%
Tjx Cos Inc New
3.86%
37,086
$4,083,168,000 0.13%
Vanguard World Fd
1.57%
9,214
$4,623,842,000 0.14%
Xylem Inc
Closed
29,772
$3,847,733,000
Schneider National Inc
2.33%
152,887
$3,693,749,000 0.12%
Dow Inc
0.37%
65,768
$3,488,992,000 0.11%
Visa Inc
2.97%
13,192
$3,462,503,000 0.11%
Fidelity Natl Information Sv
6.42%
45,833
$3,453,974,000 0.11%
Amcor Plc
1.12%
328,966
$3,217,286,000 0.10%
Wells Fargo Co New
7.24%
53,620
$3,184,491,000 0.10%
International Business Machs
2.54%
18,285
$3,162,390,000 0.10%
Price T Rowe Group Inc
23.41%
26,633
$3,071,050,000 0.10%
Bhp Group Ltd
0.57%
48,994
$2,797,066,000 0.09%
Conocophillips
1.59%
22,412
$2,563,484,000 0.08%
Old Dominion Freight Line In
9.47%
13,232
$2,336,771,000 0.07%
Altria Group Inc.
6.30%
47,835
$2,178,883,000 0.07%
Weyerhaeuser Co Mtn Be
0.12%
75,984
$2,157,185,000 0.07%
Oneok Inc.
0.42%
26,379
$2,151,207,000 0.07%
Veralto Corp
1.51%
22,275
$2,126,594,000 0.07%
Northern Tr Corp
0.18%
24,391
$2,048,355,000 0.06%
Schlumberger Ltd.
2.62%
43,389
$2,047,093,000 0.06%
Capital One Finl Corp
0.04%
14,157
$1,960,035,000 0.06%
Adobe Inc
0.06%
3,466
$1,925,501,000 0.06%
Automatic Data Processing In
5.71%
7,930
$1,892,810,000 0.06%
CSX Corp.
0.32%
55,224
$1,847,242,000 0.06%
General Mls Inc
0.28%
28,022
$1,772,671,000 0.06%
Target Corp
0.26%
11,960
$1,770,558,000 0.06%
Zimmer Biomet Holdings Inc
1.57%
16,112
$1,748,634,000 0.05%
American Express Co.
0.67%
7,365
$1,705,365,000 0.05%
Hubbell Inc.
0.67%
4,430
$1,619,076,000 0.05%
Ishares Silver Tr
5.78%
60,690
$1,612,533,000 0.05%
Roche Hldg Ltd
1.05%
45,270
$1,571,185,000 0.05%
WEC Energy Group Inc
1.23%
19,019
$1,492,230,000 0.05%
AT&T Inc.
7.02%
77,309
$1,477,374,000 0.05%
Costco Whsl Corp New
9.49%
1,708
$1,451,782,000 0.05%
3M Co.
0.96%
13,845
$1,414,819,000 0.04%
Wp Carey Inc
No change
24,800
$1,365,240,000 0.04%
Goldman Sachs Group, Inc.
2.67%
2,992
$1,353,341,000 0.04%
Fortive Corp
8.30%
15,809
$1,171,446,000 0.04%
Oracle Corp.
5.15%
8,124
$1,147,108,000 0.04%
Bank Montreal Que
0.19%
13,242
$1,110,341,000 0.03%
Consolidated Edison, Inc.
No change
12,094
$1,081,444,000 0.03%
BP plc
1.47%
29,585
$1,068,018,000 0.03%
Regal Rexnord Corporation
No change
7,155
$967,499,000 0.03%
Barclays Bank PLC
4.73%
29,857
$957,215,000 0.03%
Broadcom Inc.
7.55%
588
$944,051,000 0.03%
Novartis AG
1.54%
8,852
$942,383,000 0.03%
Nestle S A
1.78%
9,227
$941,799,000 0.03%
Enterprise Prods Partners L
0.31%
32,445
$940,256,000 0.03%
GE Aerospace
3.39%
5,758
$915,348,000 0.03%
Ametek Inc
0.09%
5,405
$901,067,000 0.03%
Netflix Inc.
Opened
1,331
$898,264,000 0.03%
Plexus Corp.
0.43%
8,094
$835,138,000 0.03%
Parker-Hannifin Corp.
0.19%
1,564
$791,086,000 0.02%
TREX Co., Inc.
27.24%
10,629
$787,821,000 0.02%
Darden Restaurants, Inc.
25.47%
4,952
$749,336,000 0.02%
Nicolet Bankshares Inc.
5.53%
8,541
$709,244,000 0.02%
L3Harris Technologies Inc
16.78%
3,150
$707,426,000 0.02%
Aflac Inc.
1.55%
7,627
$681,167,000 0.02%
Marathon Pete Corp
11.78%
3,737
$648,293,000 0.02%
Schwab Strategic Tr
Opened
8,294
$644,941,000 0.02%
Proshares Tr
Opened
6,670
$641,187,000 0.02%
Tesla Inc
24.77%
3,163
$625,894,000 0.02%
Applied Matls Inc
0.12%
2,593
$611,921,000 0.02%
Duke Energy Corp.
5.56%
5,679
$569,241,000 0.02%
Deere & Co.
8.20%
1,488
$555,961,000 0.02%
Travelers Companies Inc.
0.55%
2,721
$553,288,000 0.02%
Lockheed Martin Corp.
3.86%
1,158
$540,901,000 0.02%
Realty Income Corp.
0.15%
9,990
$527,671,000 0.02%
Welltower Inc.
0.23%
4,714
$491,434,000 0.02%
Qualcomm, Inc.
11.67%
2,459
$489,783,000 0.02%
Avanos Med Inc
12.10%
23,425
$466,626,000 0.01%
Vanguard Charlotte Fds
2.00%
9,465
$460,661,000 0.01%
KLA Corp.
0.18%
552
$455,129,000 0.01%
Franklin Resources, Inc.
1.18%
20,247
$452,519,000 0.01%
Chubb Limited
12.99%
1,766
$450,470,000 0.01%
Carlisle Cos Inc
9.80%
1,098
$444,920,000 0.01%
Wisdomtree Tr
No change
6,106
$444,211,000 0.01%
PayPal Holdings Inc
56.73%
7,398
$429,305,000 0.01%
Kinder Morgan Inc
1.56%
21,448
$426,171,000 0.01%
Alliant Energy Corp.
2.34%
8,342
$424,607,000 0.01%
Paychex Inc.
6.30%
3,512
$416,382,000 0.01%
Hershey Company
0.58%
2,228
$409,573,000 0.01%
Host Hotels & Resorts Inc
0.13%
22,675
$407,696,000 0.01%
Kraft Heinz Co
0.56%
12,429
$400,461,000 0.01%
Grainger W W Inc
7.34%
429
$387,060,000 0.01%
Novo-nordisk A S
16.23%
2,650
$378,261,000 0.01%
Rockwell Automation Inc
0.15%
1,371
$377,408,000 0.01%
Cintas Corporation
6.60%
517
$362,034,000 0.01%
Archer Daniels Midland Co.
3.32%
5,949
$359,617,000 0.01%
Intercontinental Exchange In
No change
2,627
$359,610,000 0.01%
Sempra
3.92%
4,612
$350,788,000 0.01%
Accenture Plc Ireland
6.24%
1,106
$335,570,000 0.01%
Corning, Inc.
0.47%
8,535
$331,584,000 0.01%
Microstrategy Inc.
12.31%
235
$323,707,000 0.01%
Hormel Foods Corp.
0.07%
10,407
$317,309,000 0.01%
Ford Mtr Co Del
113.57%
25,127
$315,092,000 0.01%
Invesco Exchange Traded Fd T
11.86%
6,859
$313,799,000 0.01%
Fastenal Co.
8.20%
4,922
$309,298,000 0.01%
Psb Hldgs Inc Wis
No change
14,958
$305,143,000 0.01%
Ecolab, Inc.
3.85%
1,269
$302,022,000 0.01%
Citigroup Inc
5.44%
4,708
$298,769,000 0.01%
General Dynamics Corp.
8.77%
1,029
$298,553,000 0.01%
Morgan Stanley
No change
3,037
$295,165,000 0.01%
Centerpoint Energy Inc.
No change
9,253
$286,657,000 0.01%
Intuit Inc
15.24%
416
$273,399,000 0.01%
Fidelity Wise Origin Bitcoin
Opened
5,120
$268,595,000 0.01%
Blackstone Inc
3.05%
2,159
$267,284,000 0.01%
Guidewire Software Inc
11.45%
1,934
$266,679,000 0.01%
Oshkosh Corp
9.30%
2,449
$264,981,000 0.01%
Icon Plc
Closed
766
$257,337,000
Balchem Corp.
Closed
1,642
$254,427,000
Fed Agri Mtg Corp
No change
2,000
$253,660,000 0.01%
RBC Bearings Inc.
7.21%
939
$253,323,000 0.01%
MGE Energy, Inc.
No change
3,360
$251,059,000 0.01%
Brown-Forman Corporation
6.72%
5,800
$250,502,000 0.01%
Valero Energy Corp.
7.61%
1,598
$250,502,000 0.01%
American Elec Pwr Co Inc
4.47%
2,853
$250,321,000 0.01%
Ge Vernova Inc
Opened
1,443
$247,488,000 0.01%
Booking Holdings Inc
Opened
62
$245,613,000 0.01%
SBA Communications Corp
Closed
1,125
$243,787,000
Enbridge Inc
3.18%
6,843
$243,542,000 0.01%
Edwards Lifesciences Corp
0.86%
2,593
$239,514,000 0.01%
Pool Corporation
Closed
588
$237,258,000
Nutrien Ltd
1.06%
4,583
$233,320,000 0.01%
Valvoline Inc
6.57%
5,374
$232,156,000 0.01%
Kadant, Inc.
25.69%
773
$227,091,000 0.01%
Norfolk Southn Corp
Closed
889
$226,578,000
Grayscale Bitcoin Tr Btc
Closed
3,435
$216,988,000
Salesforce Inc
Closed
687
$206,909,000
Advanced Micro Devices Inc.
11.12%
1,271
$206,168,000 0.01%
Shift4 Pmts Inc
Opened
2,810
$206,113,000 0.01%
GSK Plc
Opened
5,352
$206,052,000 0.01%
National Storage Affiliates
Opened
4,994
$205,852,000 0.01%
Manitowoc Co., Inc.
7.76%
17,842
$205,718,000 0.01%
Huntington Ingalls Inds Inc
No change
835
$205,685,000 0.01%
Carrier Global Corporation
Opened
3,251
$205,073,000 0.01%
Exact Sciences Corp.
Closed
2,955
$204,072,000
Canadian Natl Ry Co
Closed
1,549
$204,018,000
Amphenol Corp.
Opened
3,022
$203,592,000 0.01%
Marsh & McLennan Cos., Inc.
Closed
986
$203,096,000
Fifth Third Bancorp
0.36%
5,508
$200,986,000 0.01%
GoHealth, Inc.
31.12%
13,278
$129,062,000 0.00%
Ccc Intelligent Solutions Hl
Opened
10,186
$113,166,000 0.00%
Eastgate Biotech Corp
No change
288,600
$1,298,000 0.00%
Wellness Ctr Usa Inc
No change
12,500
$12,000 0.00%
No transactions found
Showing first 500 out of 249 holdings