Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Associated Banc-Corp (ASB)

359 + 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
↑ +30
Streak
4Q ▲
Buyers last Q
62%

Smart Money Signals — ASB

Based on 361 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 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
361 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 — +20% more funds vs a year ago

fund count last 6Q
+60 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 62% buying

213 buying133 selling
Last quarter: 213 funds were net buyers (72 opened a brand new position + 141 added to an existing one). Only 133 were sellers (91 trimmed + 42 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter
Funds opening a new ASB position: 43 → 31 → 59 → 72. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 15% medium ■ 23% new
224 out of 361 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.
🚀

Acceleration phase — new buyers rushing in

44 → 43 → 31 → 59 → 72 new funds/Q
New funds entering each quarter: 43 → 31 → 59 → 72. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 66% veterans vs 26% newcomers

■ 66% veterans ■ 9% 1-2yr ■ 26% new
Entry-cohort mix of 363 holders: 239 (66%) are 2+ year veterans, 31 entered 1–2 years ago, and 93 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
52 of 361 holders are among the 100 largest funds by AUM, controlling 44% 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.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 2026 Q1, 213 hedge funds were net buyers of ASB (72 opened a new position, 141 added to an existing one), while 133 reduced or exited (91 trimmed, 42 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 44% of total institutional value in ASB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +30 funds (more new holders than closures). Total institutional holders: 361.

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

-- --

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

Is It Too Late to Buy Associated Banc-Corp (ASB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ASB has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
ASB
+14.3%
XLF
+8.0%

ASB outperformed XLF by +6.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
ASB
+8.6%
XLF
+4.4%

Since the filing became public, ASB outperformed XLF by +4.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 1 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: ASB
359 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 359 331 8.46%
13F Shares 145M 144M 0.86%
Total Value $3.58B $3.69B -3.06%
New Positions 71 59 +12
Increased Positions 140 105 +35
Closed Positions 43 37 +6
Reduced Positions 89 118 -29
Total Calls 2 1 100.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ASB

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

359 + investors

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

QUARTER:
Top 25 ASB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rhino Investment Partners, Inc 5.93% 824,104 $21.3M
2 Associated Banc-Corp 1.77% 2,587,920 $66.9M
3 Bayview Asset Management, LLC 1.49% 150,000 $3.9M
4 Heartland Advisors Inc 1.16% 875,879 $22.7M
5 Leeward Investments, LLC - MA 0.92% 724,583 $18.7M
6 Mork Capital Management, LLC 0.78% 42,420 $1.1M
7 Interval Partners, LP 0.59% 874,110 $22.6M
8 RIA Advisory Group LLC 0.55% 89,850 $2.3M
9 Legacy Private Trust Co. 0.42% 261,260 $6.8M
10 Crescent Grove Advisors, LLC 0.40% 162,344 $4.2M
11 Longaeva Partners L.P. 0.39% 405,311 $10.5M
12 Integrated Quantitative Investments LLC 0.35% 74,286 $1.9M
13 Verition Fund Management LLC 0.31% 1,833,518 $47.4M
14 Edgestream Partners, L.P. 0.27% 323,401 $8.4M
15 AlphaQuest LLC 0.27% 187,961 $4.8M
16 Castleark Management LLC 0.27% 311,423 $8.1M
17 Hancock Whitney Corp 0.25% 501,976 $14.1M
18 Schaper Benz & Wise Investment Counsel Inc/Wi 0.22% 109,449 $2.8M
19 Fieldview Capital Management, LLC 0.21% 28,235 $730K
20 Easterly Investment Partners LLC 0.21% 107,132 $2.7M
21 Peregrine Capital Management LLC 0.18% 192,350 $5.0M
22 Fourthstone LLC 0.18% 40,000 $1.0M
23 Diametric Capital, LP 0.17% 25,014 $647K
24 Pzena Investment Management LLC 0.16% 1,922,982 $49.7M
25 Nomura Asset Management International INC. 0.15% 3,337,021 $86.3M
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 — 4 quarters in a row: For 4 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?

More buyers than sellers — 62% buying: Last quarter: 213 funds were net buyers (72 opened a brand new position + 141 added to an existing one). Only 133 were sellers (91 trimmed + 42 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ASB holders?

Elite ownership — 44% AUM from top-100 funds: 52 of 361 holders are among the 100 largest funds by AUM, controlling 44% 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?

62% of holders stayed for 2+ years: 224 out of 361 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.

Is it too late to buy Associated Banc-Corp (ASB) following the 2026 Q1 hedge fund 13F filings?

As of today, ASB has moved +8.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.4% for the XLF sector ETF — an outperformance of +4.2%. Since the quarter end (March 31, 2026), ASB has gained +14.3% vs +8.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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