ASSOCIATED BANC-

ASSOCIATED BANC- portfolio companies for December 2011 quarter

Company (Ticker) Portfolio Weight Share Count Price Last Trade
Kimberly-Clark Corporation (KMB) 8.82 1.30M 73.56 103.80
Associated Banc- (ASBC) 5.14 4.97M 11.17 18.42
Apple (AAPL) 3.55 94529 405.00 123.28
Chevron Corporation (CVX) 2.42 245297 106.40 102.86
Exxon Mobil Corporation (XOM) 2.41 307288 84.76 84.57
Caterpillar (CAT) 2.26 269359 90.60 79.57
Philip Morris International (PM) 2.19 301706 78.48 77.69
Schlumberger (SLB) 2.11 332835 68.31 81.67
Google (GOOG) 1.96 32843 645.90 554.33
Apache Corporation (APA) 1.79 213692 90.58 60.29
Cummins (CMI) 1.74 213552 88.02 137.75
Celgene Corporation (CELG) 1.59 253857 67.60 118.26
Johnson Controls (JCI) 1.51 521242 31.26 48.46
Walt Disney Company (DIS) 1.50 431147 37.50 103.60
Procter & Gamble Company (PG) 1.49 241823 66.71 81.31
Intel Corporation (INTC) 1.43 637649 24.25 32.76
McDonald's Corporation (MCD) 1.42 152761 100.33 96.21
Humana (HUM) 1.39 171285 87.61 160.10
SPDR Gold Trust (GLD) 1.25 89092 151.99 110.56
Coca-Cola Company (KO) 1.22 188158 69.97 40.22
Time Warner (TWX) 1.16 346415 36.14 83.25
QUALCOMM (QCOM) 1.10 217313 54.70 71.27
ConocoPhillips (COP) 1.04 154504 72.87 61.42
Pfizer (PFE) 1.02 511273 21.64 33.78
Pepsi (PEP) 1.02 165292 66.35 93.96
Air Products & Chemicals (APD) 0.97 122755 85.19 152.20
Cognizant Technology Solutions (CTSH) 0.94 157545 64.31 60.57
Nabors Industries Ltd shs 0.93 578656 17.34 0.00
Abbott Laboratories (ABT) 0.89 169978 56.23 46.40
Danaher Corporation (DHR) 0.88 202538 47.04 84.59
Microsoft Corporation (MSFT) 0.86 358103 25.96 42.00
Berkshire Hathaway (BRK.B) 0.84 118990 76.30 0.00
General Electric Company (GE) 0.84 504755 17.91 25.35
Freeport-McMoRan Copper & Gold (FCX) 0.83 245047 36.79 18.56
BHP Billiton (BHP) 0.80 122603 70.63 45.68
Potash Corp. Of Saskatchewan I 0.79 207351 41.28 0.00
T. Rowe Price (TROW) 0.78 148009 56.95 81.65
Johnson & Johnson (JNJ) 0.77 127561 65.58 98.55
SPDR S&P; 500 ETF (SPY) 0.77 66273 125.50 205.25
Joy Global (JOYG) 0.71 102926 74.97 0.00
3M Company (MMM) 0.69 91140 81.73 162.72
East West Ban (EWBC) 0.69 375334 19.75 40.15
Teva Pharmaceutical Industries (TEVA) 0.68 181097 40.36 57.77
Prudential Financial (PRU) 0.66 141816 50.12 80.31
Boeing Company (BA) 0.63 92732 73.35 152.38
Colgate-Palmolive Company (CL) 0.61 71607 92.38 68.17
Southern Company (SO) 0.61 141313 46.29 43.68
International Business Machines (IBM) 0.59 34667 183.88 158.25
Devon Energy Corporation (DVN) 0.56 97781 62.00 57.71
Nextera Energy 0.55 98153 60.88 0.00
Discovery Communications (DISCA) 0.55 145544 40.97 32.39
Merck & Co (MRK) 0.54 155980 37.70 56.20
Integrys Energy (TEG) 0.53 105984 54.18 71.00
Kraft Foods (KFT) 0.51 146505 37.36 0.00
Plum Creek Timber (PCL) 0.50 147913 36.56 41.89
Illinois Tool Works (ITW) 0.48 111520 46.71 96.27
Halliburton Company (HAL) 0.46 144800 34.51 41.30
AT&T; (T) 0.45 162106 30.24 32.70
BB&T; Corporation (BBT) 0.45 193677 25.17 37.76
Technology SPDR (XLK) 0.45 192733 25.45 41.70
Bemis Company (BMS) 0.41 147652 30.08 47.06
AmerisourceBergen (ABC) 0.41 118184 37.19 103.61
Gilead Sciences (GILD) 0.41 107084 40.93 99.53
JPMorgan Chase & Co. (JPM) 0.40 129967 33.25 60.16
NYSE Euronext (NYX) 0.40 165749 26.10 0.00
Mosaic 0.40 86099 50.43 0.00
Bristol Myers Squibb (BMY) 0.38 117928 35.24 66.08
Microchip Technology (MCHP) 0.36 106672 36.63 49.28
Corning Incorporated (GLW) 0.35 287989 12.98 22.80
SYSCO Corporation (SYY) 0.32 118932 29.33 38.41
Ace Limited Cmn 0.31 47870 70.12 0.00
Newmont Mining Corporation (NEM) 0.31 56269 60.00 21.67
CVS Caremark Corporation (CVS) 0.31 81196 40.78 101.90
Northern Trust Corporation (NTRS) 0.30 80770 39.66 69.63
Nordstrom (JWN) 0.29 62220 49.71 79.23
EOG Resources (EOG) 0.29 32027 98.51 86.44
Host Hotels & Resorts (HST) 0.27 199913 14.77 20.25
Ltd Partnership Int In The S 0.26 89 31269.66 0.00
Altria (MO) 0.25 90878 29.65 52.47
iShares MSCI EAFE Index Fund (EFA) 0.25 54061 49.52 62.56
F5 Networks (FFIV) 0.23 22995 106.10 112.86
Allstate Corporation (ALL) 0.22 87176 27.41 68.72
Novartis AG (NVS) 0.21 40297 57.17 96.03
Baker Hughes Incorporated (BHI) 0.21 46539 48.64 59.73
CHECK POINT SOFTWARE Technolog Com Stk 0.20 41840 52.55 0.00
Consumer Staples Select Sect. SPDR (XLP) 0.20 66650 32.49 48.00
SPDR S&P; MidCap 400 ETF (MDY) 0.20 13432 159.52 268.26
Guess? (GES) 0.19 68392 29.83 17.07
Discovery Communications (DISCK) 0.18 52645 37.70 31.23
iShares Russell 2000 Index (IWM) 0.18 25651 73.75 119.90
Thermo Fisher Scientific (TMO) 0.17 39954 44.97 127.98
Amgen (AMGN) 0.17 27780 64.21 153.92
Fluor Corporation (FLR) 0.17 37211 50.25 57.12
General Mills (GIS) 0.17 45870 40.40 51.55
Clorox Company (CLX) 0.17 27163 66.56 107.06
Terex Corporation (TEX) 0.17 136379 13.51 25.14
BP (BP) 0.16 39403 42.73 38.44
Goldman Sachs (GS) 0.16 18564 90.42 184.67
Bank of New York Mellon Corporation (BK) 0.16 88576 19.92 39.44
W.R. Berkley Corporation (WRB) 0.16 50418 34.38 49.84
Harsco Corporation (HSC) 0.15 79621 20.57 15.76
Lorillard (LO) 0.15 14319 113.98 66.44
NetApp (NTAP) 0.14 41975 36.26 37.63
Dow Chemical Company (DOW) 0.14 51547 28.76 47.09
Energy Select Sector SPDR (XLE) 0.14 21197 69.12 75.34
Oshkosh Corporation (OSK) 0.14 71345 21.38 46.24
Roche Holding (RHHBY) 0.14 35517 42.57 32.21
Franklin Resources (BEN) 0.13 14193 96.11 51.68
Automatic Data Processing (ADP) 0.13 25385 54.01 85.00
Macy's (M) 0.13 44798 32.18 62.37
iShares NASDAQ Biotechnology Index (IBB) 0.13 13426 104.32 341.41
Utilities SPDR (XLU) 0.13 38704 35.99 43.18
iShares S&P; SmallCap 600 Index (IJR) 0.13 21196 68.28 113.70
ETFS Physical Platinum Shares (PPLT) 0.13 10130 137.86 108.17
First Manitowoc Bancrp Inc N 0.13 99044 13.98 0.00
State Street Corporation (STT) 0.12 33166 40.30 72.30
Aon Corporation (AON) 0.12 27547 46.79 96.00
Medtronic (MDT) 0.12 32827 38.24 76.22
Texas Instruments Incorporated (TXN) 0.12 42798 29.10 57.48
SPX Corporation (SPW) 0.12 21302 60.27 84.59
Baxter International (BAX) 0.11 23396 49.50 67.92
Manitowoc Company (MTW) 0.11 134284 9.19 19.75
Berkshire Hathaway (BRK.A) 0.11 10 114800.00 0.00
Tenaris S.A. (TS) 0.10 29072 37.17 27.37
iShares MSCI Emerging Markets Indx (EEM) 0.10 29163 37.95 38.45
Cisco Systems (CSCO) 0.10 58409 18.09 28.51
Kinder Morgan Management (KMR) 0.10 14192 78.49 0.00
Transocean 0.09 26657 38.39 0.00
Hewlett-Packard Company (HPQ) 0.09 36562 25.77 32.62
Northrop Grumman Corporation (NOC) 0.08 14937 58.51 158.85
Capital One Financial (COF) 0.08 20287 42.31 77.96
Menasha 0.08 465 1879.57 0.00
Fidelity National Information Services (FIS) 0.07 28882 26.56 65.10
Eli Lilly & Co. (LLY) 0.07 18621 41.55 68.81
iShares Russell 1000 Value Index (IWD) 0.07 12395 63.48 101.93
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.07 13560 57.80 74.64
GameStop (GME) 0.07 29340 24.14 40.53
Sirius XM Radio (SIRI) 0.07 411275 1.82 3.87
Rockwell Automation (ROK) 0.07 10227 73.40 110.21
Bank Of Montreal Cadcom Npv 0.07 14132 54.81 0.00
Mullins Whey 0.06 300 2106.67 0.00
Applied Materials (AMAT) 0.05 47682 10.72 23.76
Industrial SPDR (XLI) 0.05 16098 33.75 56.03
iShares Barclays TIPS Bond Fund (TIP) 0.05 4228 116.86 111.97
CurrencyShares Australian Dollar Trust (FXA) 0.05 5045 102.71 76.05
Hatteras Funds - Multi Strat 0.05 5690 87.52 0.00
Direxion Shs Etf Tr Daily 20+ 0.05 8100 67.90 0.00
Suntrust Banks Inc $1.00 Par Cmn 0.04 26500 17.70 0.00
Medco Health Solutions (MHS) 0.04 7594 55.86 0.00
Harris Corporation (HRS) 0.04 12535 36.04 72.70
Sigma-Aldrich Corporation (SIAL) 0.04 7268 62.43 137.95
Cree (CREE) 0.04 20109 22.05 38.59
Schweitzer-Mauduit International (SWM) 0.04 6206 66.26 46.47
Direxion Shs Etf Tr cmn 0.04 14225 27.35 0.00
Ltd Partnership Int In The S 0.04 9 49222.22 0.00
American Express Company (AXP) 0.03 7250 47.21 79.39
Bank of America Corporation (BAC) 0.03 63218 5.55 15.95
Moody's Corporation (MCO) 0.03 9350 33.33 95.46
CSX Corporation (CSX) 0.03 14903 21.02 33.62
Health Care SPDR (XLV) 0.03 9572 34.64 71.27
Consolidated Edison (ED) 0.03 5818 62.05 59.90
Eaton Corporation (ETN) 0.03 6480 43.49 66.94
PetSmart (PETM) 0.03 6800 51.32 82.98
W.W. Grainger (GWW) 0.03 1624 187.19 230.01
Coinstar (CSTR) 0.03 7368 45.66 0.00
Neenah Paper (NP) 0.03 13143 22.30 59.20
Alliant Energy Corporation (LNT) 0.03 7043 44.10 60.35
Plexus (PLXS) 0.03 11382 27.36 39.16
Covance (CVD) 0.03 6820 45.75 0.00
PowerShares QQQ Trust, Series 1 (QQQQ) 0.03 5092 55.77 0.00
El Paso Corporation (EP) 0.02 8229 26.61 0.00
Kohl's Corporation (KSS) 0.02 5336 49.45 73.72
PPG Industries (PPG) 0.02 2400 83.33 225.60
Brown-Forman Corporation (BF.B) 0.02 2500 80.40 0.00
Dun & Bradstreet Corporation (DNB) 0.02 3200 75.00 127.49
Darden Restaurants (DRI) 0.02 6093 43.01 62.29
E.I. du Pont de Nemours & Company (DD) 0.02 5788 45.76 79.13
GlaxoSmithKline (GSK) 0.02 5736 45.76 45.62
iShares S&P; 500 Index (IVV) 0.02 1848 126.08 205.96
Marriott International (MAR) 0.02 7580 29.16 81.60
Kellogg Company (K) 0.02 4900 50.00 62.16
Edison International (EIX) 0.02 4919 45.98 61.82
Pentair (PNR) 0.02 6600 33.50 62.44
Kinder Morgan Energy Partners (KMP) 0.02 2650 84.88 0.00
iShares Russell 1000 Growth Index (IWF) 0.02 3905 57.87 97.71
Ford Motor Company (F) 0.01 14557 10.74 15.85
Key (KEY) 0.01 11056 7.71 14.07
Financial Select Sector SPDR (XLF) 0.01 10142 13.02 23.97
Kinder Morgan Mgmt Llc Frac Sh 0.00 199438 0.00 0.00
Anchor BanCorp Wisconsin (ABCW) 0.00 49001 0.33 34.05
Helios Strategic Income Fund 0.00 20000 0.00 0.00
Lifespan 0.00 50000 0.00 0.00