Macquarie Group’s Associated Banc-Corp ASB Stock Holding History

Macquarie Group’s Portfolio ASB Stock Details ASB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-4,222,299	Closed	-$109M	–	900
2025 Q3	$109M	Sell	4,222,299 -401,346	-9%	-$10.3M	0.13%	203
2025 Q2	$113M	Buy	4,623,645 +249,920	+6%	+$5.63M	0.14%	198
2025 Q1	$98.5M	Buy	4,373,725 +1,466,558	+50%	+$35.2M	0.12%	239
2024 Q4	$69.5M	Buy	2,907,167 +292,721	+11%	+$7.17M	0.08%	326
2024 Q3	$56.3M	Buy	2,614,446 +617,846	+31%	+$13.4M	0.06%	418
2024 Q2	$42.2M	Buy	1,996,600 +1,875,100	+1,543%	+$39.5M	0.05%	464
2024 Q1	$2.61M	Hold	121,500	–	–	﹤0.01%	1147
2023 Q4	$2.6M	Hold	121,500	–	–	﹤0.01%	1149
2023 Q3	$2.08M	Hold	121,500	–	–	﹤0.01%	1153
2023 Q2	$1.97M	Hold	121,500	–	–	﹤0.01%	1195
2023 Q1	$2.19M	Hold	121,500	–	–	﹤0.01%	1137
2022 Q4	$2.81M	Sell	121,500 -1,651	-1%	-$38.1K	﹤0.01%	1106
2022 Q3	$2.52M	Sell	123,151 -12,060	-9%	-$243K	﹤0.01%	1157
2022 Q2	$2.47M	Sell	135,211 -6,579	-5%	-$133K	﹤0.01%	1230
2022 Q1	$3.23K	Buy	141,790 +16,061	+13%	+$389K	﹤0.01%	1233
2021 Q4	$2.84M	Hold	125,729	–	–	﹤0.01%	1270
2021 Q3	$2.69M	Hold	125,729	–	–	﹤0.01%	1287
2021 Q2	$2.58M	Hold	125,729	–	–	﹤0.01%	1338
2021 Q1	$2.68M	Sell	125,729 -1,222	-1%	-$24.7K	﹤0.01%	1091
2020 Q4	$2.17M	Hold	126,951	–	–	﹤0.01%	1077
2020 Q3	$1.6M	Hold	126,951	–	–	﹤0.01%	1109
2020 Q2	$1.74M	Buy	126,951 +26,251	+26%	+$357K	﹤0.01%	1051
2020 Q1	$1.29M	Buy	100,700 +46,100	+84%	+$827K	﹤0.01%	1026
2019 Q4	$1.2M	Buy	54,600 +50,800	+1,337%	+$1.07M	﹤0.01%	1196
2019 Q3	$77K	Buy	+3,800	New	+$76.8K	﹤0.01%	1774
2019 Q1	–	Sell	-200	Closed	-$4K	–	1663
2018 Q4	$4K	Sell	200 -1,500	-88%	-$34.3K	﹤0.01%	2125
2018 Q3	$44K	Sell	1,700 -9,900	-85%	-$271K	﹤0.01%	1753
2018 Q2	$317K	Buy	+11,600	New	+$311K	﹤0.01%	1506
2018 Q1	–	Sell	-8,600	Closed	-$218K	–	2172
2017 Q4	$218K	Buy	8,600 +6,400	+291%	+$160K	﹤0.01%	1708
2017 Q3	$53K	Buy	+2,200	New	+$51.2K	﹤0.01%	1997
2016 Q2	–	Sell	-466,444	Closed	-$8.37M	–	1566
2016 Q1	$8.37M	Sell	466,444 -105,298	-18%	-$1.84M	0.02%	596
2015 Q4	$10.7M	Sell	571,742 -1,126	-0.2%	-$21.8K	0.02%	523
2015 Q3	$10.3M	Buy	572,868 +2,936	+0.5%	+$56K	0.02%	515
2015 Q2	$11.6M	Buy	569,932 +147,532	+35%	+$2.85M	0.02%	491
2015 Q1	$7.86M	Buy	422,400 +135,000	+47%	+$2.45M	0.02%	614
2014 Q4	$5.35M	Hold	287,400	–	–	0.01%	702
2014 Q3	$5.01M	Buy	287,400 +200	+0.1%	+$3.62K	0.01%	714
2014 Q2	$5.19M	Hold	287,200	–	–	0.01%	692
2014 Q1	$5.19M	Hold	287,200	–	–	0.01%	660
2013 Q4	$5M	Sell	287,200 -600	-0.2%	-$9.99K	0.01%	637
2013 Q3	$4.46M	Buy	287,800 +400	+0.1%	+$6.58K	0.01%	644
2013 Q2	$4.47M	Buy	+287,400	New	+$4.28M	0.01%	628

Other funds holding ASB

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

NAMI

Nomura Asset Management International Philadelphia, Pennsylvania $58.4B AUM

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Verition Fund Management Greenwich, Connecticut $15.4B AUM 30.69% 1-Year Est. Return

Macquarie Group's ASB Position: Q4 2025 in Review

Macquarie Group sold out of Associated Banc-Corp (ASB) in Q4 2025, closing a stake of 4,222,299 shares — an estimated $109M sold.

Macquarie Group first reported a position in ASB in Q2 2013 and held it in 42 quarters. The position peaked at $113M in Q2 2025. 340 funds tracked by Wall St. Rank hold ASB as of Q4 2025.

Macquarie Group reported no remaining Associated Banc-Corp position as of Q4 2025 after selling out during the quarter.
Macquarie Group sold 4,222,299 Associated Banc-Corp shares in Q4 2025, an estimated $109M.
Macquarie Group first reported a position in Associated Banc-Corp in Q2 2013 and held it in 42 quarters.
Macquarie Group's Associated Banc-Corp position peaked at $113M in Q2 2025.
340 funds tracked by Wall St. Rank held Associated Banc-Corp as of Q4 2025.

Based on Macquarie Group's 13F filing for Q4 2025, filed 13 Feb 2026.