Associated Banc-Corp and American Airlines see shifts in institutional holdings

Institutional investors have made significant adjustments to their holdings in Associated Banc-Corp and American Airlines Group.

Pzena Investment Management LLC established a new position in Associated Banc-Corp during the second quarter, purchasing approximately 1,990,243 shares valued at $61.24 million. Conversely, Bank of America Corp DE reduced its stake in the bank by 6.9% during the first quarter, leaving it with 969,366 shares.

Regarding American Airlines Group, Bank of America Corp DE increased its position by 39% in the first quarter, holding over 2.1 million shares. However, Zacks Research has lowered its Q3 2026 earnings per share (EPS) estimate for the airline from ($0.11) to ($0.17) per share.