Richard Pzena's ASB Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 1.8M shares of Associated Banc-Corp (ASB) worth $46.78 M, representing 0.15% of the portfolio. First purchased in 2014-Q1, this long-term strategic position has been held for 47 quarters.
Based on 13F filings since 2013, Richard Pzena has maintained a long-term strategic position in ASB, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2014, adding 429.9K shares. Largest reduction occurred in Q4 2024, reducing 663.0K shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Associated Banc- (ASB) Holding Value Over Time
Track share changes against reported price movement
Quarterly Associated Banc- (ASB) Trades by Richard Pzena
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2014 | +1.69 M | New Buy | 1.69 M | $18.06 |
| Q2 2014 | +429,925 | Add 25.47% | 2.12 M | $18.08 |
| Q3 2014 | -7,825 | Reduce 0.37% | 2.11 M | $17.42 |
| Q4 2014 | -148,200 | Reduce 7.02% | 1.96 M | $18.63 |
| Q1 2015 | -62,898 | Reduce 3.21% | 1.9 M | $18.60 |
| Q2 2015 | +13,650 | Add 0.72% | 1.91 M | $20.27 |
| Q3 2015 | -81,950 | Reduce 4.29% | 1.83 M | $17.97 |
| Q4 2015 | +2,175 | Add 0.12% | 1.83 M | $18.75 |
| Q1 2016 | +347,370 | Add 18.95% | 2.18 M | $17.94 |
| Q2 2016 | +134,441 | Add 6.17% | 2.31 M | $17.15 |
| Q3 2016 | +114,206 | Add 4.93% | 2.43 M | $19.59 |
| Q4 2016 | -4,393 | Reduce 0.18% | 2.42 M | $24.70 |
| Q1 2017 | -45,370 | Reduce 1.87% | 2.38 M | $24.40 |
| Q2 2017 | -13,744 | Reduce 0.58% | 2.37 M | $25.20 |
| Q3 2017 | +68,380 | Add 2.89% | 2.43 M | $24.25 |
| Q4 2017 | -85,967 | Reduce 3.53% | 2.35 M | $25.40 |
| Q1 2018 | -158,669 | Reduce 6.76% | 2.19 M | $24.85 |
| Q2 2018 | +50,670 | Add 2.31% | 2.24 M | $27.30 |
| Q3 2018 | -35,854 | Reduce 1.60% | 2.2 M | $26.00 |
| Q4 2018 | -8,947 | Reduce 0.41% | 2.19 M | $19.79 |
| Q1 2019 | -85,981 | Reduce 3.92% | 2.11 M | $21.35 |
| Q2 2019 | +24,292 | Add 1.15% | 2.13 M | $21.14 |
| Q3 2019 | +63,241 | Add 2.96% | 2.2 M | $20.25 |
| Q4 2019 | +422,630 | Add 19.24% | 2.62 M | $22.04 |
| Q1 2020 | +407,203 | Add 15.55% | 3.03 M | $12.79 |
| Q2 2020 | +12,707 | Add 0.42% | 3.04 M | $13.68 |
| Q3 2020 | +209,595 | Add 6.90% | 3.25 M | $12.62 |
| Q4 2020 | +367,829 | Add 11.32% | 3.62 M | $17.05 |
| Q1 2021 | +131,171 | Add 3.63% | 3.75 M | $21.34 |
| Q2 2021 | -308,099 | Reduce 8.22% | 3.44 M | $20.48 |
| Q3 2021 | +37,856 | Add 1.10% | 3.48 M | $21.42 |
| Q4 2021 | +20,871 | Add 0.60% | 3.5 M | $22.59 |
| Q1 2022 | +280,264 | Add 8.01% | 3.78 M | $22.76 |
| Q2 2022 | +1,774 | Add 0.05% | 3.78 M | $18.26 |
| Q3 2022 | -97,063 | Reduce 2.57% | 3.68 M | $20.08 |
| Q4 2022 | -572,962 | Reduce 15.56% | 3.11 M | $23.09 |
| Q1 2023 | -132,301 | Reduce 4.25% | 2.98 M | $17.98 |
| Q2 2023 | -27,369 | Reduce 0.92% | 2.95 M | $16.23 |
| Q3 2023 | -2,727 | Reduce 0.09% | 2.95 M | $17.11 |
| Q4 2023 | -120,968 | Reduce 4.10% | 2.83 M | $21.39 |
| Q1 2024 | -233,864 | Reduce 8.27% | 2.59 M | $21.51 |
| Q2 2024 | -82,043 | Reduce 3.16% | 2.51 M | $21.15 |
| Q3 2024 | -49,028 | Reduce 1.95% | 2.46 M | $21.54 |
| Q4 2024 | -663,044 | Reduce 26.93% | 1.8 M | $23.90 |
| Q1 2025 | -10,941 | Reduce 0.61% | 1.79 M | $22.53 |
| Q2 2025 | +71,676 | Add 4.01% | 1.86 M | $24.39 |
| Q3 2025 | -39,947 | Reduce 2.15% | 1.82 M | $25.71 |
Richard Pzena's Associated Banc- Investment FAQs
Richard Pzena first purchased Associated Banc-Corp (ASB) in Q1 2014, acquiring 1,687,823 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Richard Pzena has held Associated Banc-Corp (ASB) for 47 quarters since Q1 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Richard Pzena's largest addition to Associated Banc-Corp (ASB) was in Q1 2014, adding 1,687,823 shares worth $30.48 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Richard Pzena's firm, Pzena Investment Management LLC, owns 1,819,595 shares of Associated Banc-Corp (ASB), valued at approximately $46.78 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 0.15% of Richard Pzena'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.
Richard Pzena's peak holding in Associated Banc-Corp (ASB) was 3,780,176 shares, as reported at the end of Q2 2022. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.