Cliff Asness's ASB Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.43 M shares of Associated Banc-Corp (ASB) worth $36.67 M, representing 0.02% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in ASB, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2025, adding 1.29 M shares. Largest reduction occurred in Q3 2021, reducing 1.47 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Associated Banc- (ASB) Holding Value Over Time
Track share changes against reported price movement
Quarterly Associated Banc- (ASB) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +1.16 M | Add 0.00% | 1.16 M | $13.12 |
| Q2 2013 | +1.08 M | Add 0.00% | 1.08 M | $15.55 |
| Q3 2013 | -341,700 | Reduce 31.60% | 739,604 | $15.49 |
| Q4 2013 | +1,353 | Add 0.18% | 740,957 | $17.40 |
| Q1 2014 | -296,590 | Reduce 40.03% | 444,367 | $18.06 |
| Q2 2014 | -116,300 | Reduce 26.17% | 328,067 | $18.08 |
| Q3 2014 | -92,800 | Reduce 28.29% | 235,267 | $17.42 |
| Q4 2014 | -112,218 | Reduce 47.70% | 123,049 | $18.63 |
| Q1 2015 | -36,359 | Reduce 29.55% | 86,690 | $18.59 |
| Q2 2015 | +338,214 | Add 390.14% | 424,904 | $20.27 |
| Q3 2015 | +126,116 | Add 29.68% | 551,020 | $17.97 |
| Q4 2015 | +146,741 | Add 26.63% | 697,761 | $18.75 |
| Q1 2016 | -435,481 | Reduce 62.41% | 262,280 | $17.94 |
| Q2 2016 | +106,426 | Add 40.58% | 368,706 | $17.15 |
| Q3 2016 | +98,803 | Add 26.80% | 467,509 | $19.59 |
| Q4 2016 | +138,375 | Add 29.60% | 605,884 | $24.70 |
| Q1 2017 | +5,565 | Add 0.92% | 611,449 | $24.40 |
| Q2 2017 | -13,396 | Reduce 2.19% | 598,053 | $25.20 |
| Q3 2017 | -49,528 | Reduce 8.28% | 548,525 | $24.25 |
| Q4 2017 | -415,222 | Reduce 75.70% | 133,303 | $25.40 |
| Q1 2018 | +19,288 | Add 14.47% | 152,591 | $24.85 |
| Q2 2018 | +18,201 | Add 11.93% | 170,792 | $27.30 |
| Q3 2018 | +228,578 | Add 133.83% | 399,370 | $26.00 |
| Q4 2018 | +8,701 | Add 2.18% | 408,071 | $19.79 |
| Q1 2019 | +555,771 | Add 136.19% | 963,842 | $21.35 |
| Q2 2019 | +57,207 | Add 5.94% | 1.02 M | $21.14 |
| Q3 2019 | +370,708 | Add 36.31% | 1.39 M | $20.25 |
| Q4 2019 | +251,707 | Add 18.09% | 1.64 M | $22.04 |
| Q1 2020 | +10,940 | Add 0.67% | 1.65 M | $12.79 |
| Q2 2020 | +302,093 | Add 18.26% | 1.96 M | $13.44 |
| Q3 2020 | +1.25 M | Add 63.94% | 3.21 M | $12.62 |
| Q4 2020 | -56,955 | Reduce 1.78% | 3.15 M | $16.98 |
| Q1 2021 | +138,776 | Add 4.40% | 3.29 M | $21.34 |
| Q2 2021 | -525,160 | Reduce 15.97% | 2.76 M | $20.43 |
| Q3 2021 | -1.47 M | Reduce 53.06% | 1.3 M | $21.42 |
| Q4 2021 | -112,041 | Reduce 8.64% | 1.19 M | $22.59 |
| Q1 2022 | +142,251 | Add 12.00% | 1.33 M | $22.76 |
| Q2 2022 | +270,993 | Add 20.41% | 1.6 M | $18.01 |
| Q3 2022 | -59,236 | Reduce 3.71% | 1.54 M | $20.08 |
| Q4 2022 | -347,056 | Reduce 22.54% | 1.19 M | $23.09 |
| Q1 2023 | -128,587 | Reduce 10.78% | 1.06 M | $17.94 |
| Q2 2023 | -318,082 | Reduce 29.90% | 745,749 | $16.23 |
| Q3 2023 | +687,552 | Add 92.20% | 1.43 M | $17.11 |
| Q4 2023 | +105,695 | Add 7.37% | 1.54 M | $21.39 |
| Q1 2024 | -550,854 | Reduce 35.79% | 988,142 | $21.41 |
| Q2 2024 | -69,017 | Reduce 6.98% | 919,125 | $20.62 |
| Q3 2024 | -69,555 | Reduce 7.57% | 849,570 | $21.42 |
| Q4 2024 | -206,699 | Reduce 24.33% | 642,871 | $23.90 |
| Q1 2025 | +1.29 M | Add 200.27% | 1.93 M | $22.20 |
| Q2 2025 | -115,886 | Reduce 6.00% | 1.81 M | $24.39 |
| Q3 2025 | -388,051 | Reduce 21.39% | 1.43 M | $25.71 |
Cliff Asness's Associated Banc- Investment FAQs
Cliff Asness first purchased Associated Banc-Corp (ASB) in Q4 2012, acquiring 1,155,157 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Associated Banc-Corp (ASB) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Associated Banc-Corp (ASB) was in Q1 2025, adding 1,930,329 shares worth $42.85 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,426,392 shares of Associated Banc-Corp (ASB), valued at approximately $36.67 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Associated Banc-Corp (ASB) represents approximately 0.02% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Associated Banc-Corp (ASB) was 3,289,300 shares, as reported at the end of Q1 2021. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.