Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ASSOCIATED BANC-CORP (ASB)

315 + Investors. Track Smart Money conviction in ASB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
3Q ▲
Buyers last Q
52%

Smart Money Signals — ASB

Based on 314 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added ASB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
314 hedge funds hold ASB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

161 buying146 selling
Last quarter: 161 funds bought or added vs 146 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+28 vs last Q)

new funds entering per quarter
Funds opening a new ASB position: 40 → 42 → 30 → 58. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 16% medium ■ 17% new
212 out of 314 hedge funds have held ASB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~58 new funds/quarter

46 → 40 → 42 → 30 → 58 new funds/Q
New funds entering each quarter: 40 → 42 → 30 → 58. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 71% of holders stayed 2+ years

■ 71% veterans ■ 8% 1-2yr ■ 21% new
Of 315 current holders: 223 (71%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds
40 of 314 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in ASB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ASB

In 2025 Q4, 161 hedge funds were net buyers of ASB (58 opened a new position, 103 added to an existing one), while 146 reduced or exited (112 trimmed, 34 sold completely) — a 52% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 54% of total institutional value in ASB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +24 funds (more new holders than closures). Total institutional holders: 314.

Hedge Fund Ownership: ASB

How many hedge funds hold ASB — quarterly history vs. share price
Quarterly hedge fund ownership of ASB vs. share price

Market Analysis: ASB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ASB

Financial Services Banks - Regional

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

50 top-rated funds 1 high-conviction
Consensus
7.4
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: ASB
2026 Q1 Stats Unlock in 8 days 315 + Investors

Track Smart Money conviction in ASB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 315 292 7.88%
13F Shares 143M 139M 2.58%
Total Value $3.67B $3.57B 2.67%
New Positions 58 30 +28
Increased Positions 104 109 -5
Closed Positions 34 29 +5
Reduced Positions 113 94 +19
Total Calls 1 2 -50.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ASB

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

315 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ASB. Verified SEC 13F-HR filings.

Top 25 institutional holders of ASB — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ASSOCIATED BANC-CORP 1.77% 2,587,920 $66.9M
2 HEARTLAND ADVISORS INC 1.16% 875,879 $22.7M
3 Leeward Investments, LLC - MA 0.92% 724,583 $18.7M
4 RIA Advisory Group LLC 0.55% 89,850 $2.3M
5 Jackson Creek Investment Advisors LLC 0.55% 72,111 $2K
6 Legacy Private Trust Co. 0.42% 261,260 $6.8M
7 Crescent Grove Advisors, LLC 0.40% 162,344 $4.2M
8 AlphaQuest LLC 0.27% 187,961 $4.8M
9 SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI 0.22% 109,449 $2.8M
10 LSV ASSET MANAGEMENT 0.21% 3,819,247 $99K
11 EASTERLY INVESTMENT PARTNERS LLC 0.21% 107,132 $2.7M
12 PEREGRINE CAPITAL MANAGEMENT LLC 0.18% 192,350 $5.0M
13 PZENA INVESTMENT MANAGEMENT LLC 0.16% 1,922,982 $49.7M
14 MBE Wealth Management, LLC 0.13% 12,177 $315K
15 Bayforest Capital Ltd 0.12% 4,304 $111K
16 NORTH STAR ASSET MANAGEMENT INC 0.12% 109,566 $2.8M
17 THOMPSON INVESTMENT MANAGEMENT, INC. 0.12% 36,463 $943K
18 Y-Intercept (Hong Kong) Ltd 0.12% 245,801 $6.4M
19 111 Capital 0.11% 17,410 $450K
20 Covea Finance 0.11% 122,300 $3.2M
21 KLCM Advisors, Inc. 0.09% 40,149 $1.0M
22 INSIGHT 2811, INC. 0.09% 8,000 $207K
23 HARMONY ASSET MANAGEMENT LLC 0.08% 10,750 $278K
24 Abacus Wealth Partners, LLC 0.08% 35,042 $906K
25 Financiere des Professionnels - Fonds d'investissement inc. 0.08% 53,833 $1.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ASSOCIATED BANC-CORP (ASB)

What does the Smart Money Trend signal show for ASB?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added ASB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ASB?

Slight buying edge — 52% buying: Last quarter: 161 funds bought or added vs 146 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ASB holders?

Elite ownership — 54% AUM from top-100 funds: 40 of 314 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in ASB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ASB?

68% of holders stayed for 2+ years: 212 out of 314 hedge funds have held ASB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.