Allspring Global Investments Reduces Stake in Associated Banc-Corp

Asset management firm trims position in regional bank by 8.5% in Q4

Apr. 3, 2026 at 7:05am

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Allspring Global Investments Holdings LLC reduced its stake in Associated Banc-Corp (NYSE: ASB) by 8.5% in the fourth quarter, according to a recent SEC filing. The fund now owns approximately 1.47 million shares, or 0.89% of the regional bank's outstanding stock.

Why it matters

This transaction provides insight into the investment strategy and portfolio positioning of Allspring Global Investments, a major institutional investor. Changes in large shareholder positions can signal broader market trends or shifts in sentiment around a particular stock or sector.

The details

According to the filing, Allspring Global Investments sold 136,462 shares of Associated Banc-Corp during the fourth quarter. The firm now holds 1,469,468 shares of the bank's stock, valued at around $37.9 million as of the end of the reporting period.

  • The transaction occurred in the fourth quarter of 2025.
  • Allspring Global Investments filed the disclosure with the SEC on April 3, 2026.

The players

Allspring Global Investments Holdings LLC

A major asset management firm that oversees over $600 billion in client assets.

Associated Banc-Corp

A regional bank headquartered in Green Bay, Wisconsin, with over 200 branches across the Midwest.

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The takeaway

This filing highlights the ongoing portfolio adjustments and investment decisions made by large institutional investors like Allspring Global Investments. Changes in major shareholder positions can provide valuable insights into market sentiment and the outlook for particular companies or sectors.