Thompson Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AERCAP HOLDINGS NV SHS	ADR	N00985106	292	5,800	SH		SOLE		0	5,800	0
AON PLC SHS CL A	ADR	G0403H108	651	2,000	SH		SOLE		0	2,000	0
ASTRAZENECA PLC SPONSORED ADR	ADR	046353108	647	9,750	SH		SOLE		0	9,750	0
BANK OF MONTREAL	ADR	063671101	386	3,269	SH		SOLE		0	3,269	0
BAUSCH HEALTH COS INC COM	ADR	071734107	3,341	146,206	SH		SOLE		0	142,495	3,711
CAMECO CORP COM	ADR	13321L108	332	11,400	SH		SOLE		0	11,400	0
COLLIERS INTL GROUP INC SUB VT	ADR	194693107	2,187	16,775	SH		SOLE		0	16,775	0
FIRSTSERVICE CORP NEW COM	ADR	33767E202	408	2,815	SH		SOLE		0	2,815	0
INFINEON TECHNOLOGIES AG SPONS	ADR	45662N103	3,144	92,540	SH		SOLE		0	89,790	2,750
JAZZ PHARMACEUTICALS PLC SHS U	ADR	G50871105	1,299	8,345	SH		SOLE		0	8,345	0
KORNIT DIGITAL LTD SHS	ADR	M6372Q113	216	2,615	SH		SOLE		0	2,615	0
LUNDIN MINING CORP COM	ADR	550372106	166	16,350	SH		SOLE		0	16,350	0
NXP SEMICONDUCTORS N V COM	ADR	N6596X109	7,666	41,420	SH		SOLE		0	40,174	1,246
TRANE TECHNOLOGIES PLC SHS	ADR	G8994E103	451	2,955	SH		SOLE		0	2,955	0
3M CO COM	COM	88579Y101	1,606	10,786	SH		SOLE		0	10,786	0
ABBOTT LABS	COM	002824100	1,236	10,439	SH		SOLE		0	10,413	26
ABBVIE INC. COM	COM	00287Y109	7,691	47,444	SH		SOLE		0	46,237	1,207
ACADIA HEALTHCARE COMPANY INC	COM	00404A109	803	12,260	SH		SOLE		0	12,260	0
ACCELERATE DIAGNOSTICS INC COM	COM	00430H102	164	113,900	SH		SOLE		0	113,900	0
ACTIVISION BLIZZARD INC	COM	00507v109	5,978	74,620	SH		SOLE		0	73,557	1,063
ADOBE INC	COM	00724F101	325	714	SH		SOLE		0	714	0
AERIE PHARMACEUTICALS INC COM	COM	00771V108	680	74,712	SH		SOLE		0	74,712	0
AIR LEASE CORP CL A	COM	00912X302	362	8,100	SH		SOLE		0	8,100	0
ALPHABET INC CAP STK CL A	COM	02079K305	24,384	8,767	SH		SOLE		0	8,602	165
ALPHABET INC CAP STK CL C	COM	02079K107	335	120	SH		SOLE		0	120	0
AMAZON COM INC CO	COM	023135106	574	176	SH		SOLE		0	176	0
AMERICAN EXPRESS CO	COM	025816109	513	2,745	SH		SOLE		0	2,745	0
AMGEN INC	COM	031162100	5,025	20,780	SH		SOLE		0	20,491	289
AMN HEALTHCARE SVCS INC COM	COM	001744101	746	7,150	SH		SOLE		0	7,150	0
ANALOG DEVICES INC COM	COM	032654105	2,828	17,118	SH		SOLE		0	17,118	0
APPLE INC COM	COM	037833100	7,824	44,806	SH		SOLE		0	43,816	990
ASSOCIATED BANCORP	COM	045487105	1,236	54,308	SH		SOLE		0	54,308	0
AT&T INC COM	COM	00206R102	260	11,022	SH		SOLE		0	11,022	0
AUTOMATIC DATA PROCESSING	COM	053015103	247	1,087	SH		SOLE		0	87	1,000
BANK FIRST CORPORATION	COM	06211J100	511	7,101	SH		SOLE		0	7,101	0
BANK OF AMERICA	COM	060505104	10,631	257,902	SH		SOLE		0	251,490	6,412
BED BATH & BEYOND INC COM	COM	075896100	3,104	137,751	SH		SOLE		0	136,188	1,563
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	205	580	SH		SOLE		0	580	0
BERRY GLOBAL GROUP INC COM	COM	08579W103	3,732	64,387	SH		SOLE		0	63,130	1,257
BEST BUY INC COM	COM	086516101	3,248	35,731	SH		SOLE		0	35,013	718
BLACK KNIGHT INC COM	COM	09215C105	622	10,719	SH		SOLE		0	10,316	403
BOEING CO	COM	097023105	3,578	18,686	SH		SOLE		0	18,686	0
BREAD FINANCIAL HOLDINGS	COM	018581108	8,750	155,832	SH		SOLE		0	153,314	2,518
BRISTOL MYERS SQUIBB CO	COM	110122108	10,885	149,047	SH		SOLE		0	146,727	2,320
CALIX INC COM	COM	13100M509	541	12,600	SH		SOLE		0	12,600	0
CALLAWAY GOLF CO CO	COM	131193104	3,145	134,273	SH		SOLE		0	131,780	2,493
CHENIERE ENERGY INC COM NEW	COM	16411R208	593	4,275	SH		SOLE		0	4,275	0
CHEVRON CORP NEW COM	COM	166764100	5,515	33,869	SH		SOLE		0	32,954	915
CIGNA CORP NEW COM	COM	125523100	5,959	24,871	SH		SOLE		0	24,497	374
CINCINNATI FINANCIAL CORP	COM	172062101	226	1,663	SH		SOLE		0	1,663	0
CISCO SYSTEMS INC	COM	17275R102	10,467	187,708	SH		SOLE		0	183,079	4,629
CITIGROUP INC COM NEW	COM	172967424	8,528	159,709	SH		SOLE		0	156,574	3,135
CITIGROUP INC COM NEW	COM	172967424	8	151	SH		DFND		0	151	0
CITIZENS FINANCIAL GROUP INC C	COM	174610105	5,426	119,697	SH		SOLE		0	116,638	3,059
COCA COLA CO	COM	191216100	2,110	34,038	SH		SOLE		0	34,038	0
COGNEX CORP COM	COM	192422103	771	10,000	SH		SOLE		0	10,000	0
COLGATE PALMOLIVE CO	COM	194162103	233	3,070	SH		SOLE		0	3,070	0
CORNING INC	COM	219350105	5,335	144,532	SH		SOLE		0	141,402	3,130
COSTCO WHOLESALE CORP	COM	22160K105	435	755	SH		SOLE		0	745	10
CROWN HOLDINGS INC COM	COM	228368106	4,283	34,239	SH		SOLE		0	33,573	666
CVS HEALTH CORP COM	COM	126650100	9,613	94,984	SH		SOLE		0	93,701	1,283
DISCOVER FINL SVCS COM	COM	254709108	5,324	48,314	SH		SOLE		0	47,728	586
DISCOVERY COMMUN NEW COM SER A	COM	25470F104	7,786	312,445	SH		SOLE		0	308,475	3,970
DISNEY WALT PRODTNS	COM	254687106	717	5,231	SH		SOLE		0	5,061	170
DULUTH HLDGS INC COM CL B	COM	26443V101	752	61,525	SH		SOLE		0	61,525	0
EBAY INC COM	COM	278642103	7,038	122,915	SH		SOLE		0	120,898	2,017
ELECTRONIC ARTS INC COM	COM	285512109	1,717	13,575	SH		SOLE		0	13,575	0
ENERGIZER HLDGS INC NEW COM	COM	29272W109	3,432	111,560	SH		SOLE		0	109,233	2,327
EVOQUA WATER TECHNOLOGIES CORP	COM	30057T105	540	11,500	SH		SOLE		0	11,500	0
EXACT SCIENCES CORP COM	COM	30063P105	9,416	134,669	SH		SOLE		0	132,241	2,428
EXACT SCIENCES CORP COM	COM	30063P105	7	98	SH		DFND		0	98	0
EXXON MOBIL CORP COM	COM	30231G102	13,519	163,691	SH		SOLE		0	161,780	1,911
FARMERS & MERCHANTS BK COM	COM	308243104	910	111	SH		SOLE		0	0	111
FEDEX CORP COM	COM	31428X106	6,900	29,820	SH		SOLE		0	29,236	584
FIDELITY NATIONAL FINANCIAL IN	COM	31620R303	5,305	108,610	SH		SOLE		0	106,485	2,125
FIRST HORIZON CORP	COM	320517105	5,558	236,591	SH		SOLE		0	231,577	5,014
FISERV INC	COM	337738108	9,351	92,217	SH		SOLE		0	90,672	1,545
FLAGSTAR BANCORP INC COM PAR .	COM	337930705	551	13,000	SH		SOLE		0	13,000	0
FREEPORT-MCMORAN INC	COM	35671D857	10,730	215,725	SH		SOLE		0	209,193	6,532
GENERAL CANNABIS CORP COM	COM	36930V100	5	10,000	SH		SOLE		0	10,000	0
GENERAL DYNAMICS CORP COM	COM	369550108	2,220	9,206	SH		SOLE		0	9,206	0
GENERAL ELECTRIC CO COM NEW	COM	369604301	10,707	117,017	SH		SOLE		0	114,789	2,228
GLOBAL PMTS INC COM	COM	37940X102	2,745	20,059	SH		SOLE		0	19,545	514
GOLDMAN SACHS GROUP INC	COM	38141G104	1,717	5,201	SH		SOLE		0	5,201	0
HANESBRANDS INC COM	COM	410345102	576	38,655	SH		SOLE		0	38,655	0
HANGER INC COM NEW	COM	41043F208	3,269	178,327	SH		SOLE		0	173,725	4,602
HCA HEALTHCARE INC COM	COM	40412C101	2,093	8,350	SH		SOLE		0	8,350	0
HILLENBRAND INC COM	COM	431571108	515	11,650	SH		SOLE		0	11,650	0
HONEYWELL INTERNATIONAL INC.	COM	438516106	226	1,160	SH		SOLE		0	1,160	0
HUDSON TECHNOLOGIES INC COM	COM	444144109	536	86,325	SH		SOLE		0	86,325	0
II VI INC COM	COM	902104108	11,088	152,958	SH		SOLE		0	150,191	2,767
INTEL CORP	COM	458140100	718	14,479	SH		SOLE		0	13,854	625
INTERCONTINENTALEXCHANGE COM	COM	45866F104	2,118	16,028	SH		SOLE		0	15,761	267
JOHNSON & JOHNSON	COM	478160104	9,487	53,530	SH		SOLE		0	52,837	693
JPMORGAN CHASE & CO COM	COM	46625H100	10,636	78,024	SH		SOLE		0	76,169	1,855
KEYSIGHT TECHNOLOGIES INC COM	COM	49338L103	4,569	28,922	SH		SOLE		0	28,009	913
KIMBERLY CLARK CORP	COM	494368103	5,310	43,116	SH		SOLE		0	42,646	470
KRAFT HEINZ CO COM	COM	500754106	4,087	103,749	SH		SOLE		0	102,199	1,550
LAS VEGAS SANDS CORP COM	COM	517834107	6,992	179,872	SH		SOLE		0	176,972	2,900
LEVI STRAUSS & CO NEW CL A COM	COM	52736R102	312	15,800	SH		SOLE		0	15,800	0
LKQ CORP COM	COM	501889208	8,805	193,891	SH		SOLE		0	191,228	2,663
LOWES COS INC CO	COM	548661107	345	1,705	SH		SOLE		0	1,215	490
LOYALTY VENTURES INC COMMON ST	COM	54911Q107	821	49,681	SH		SOLE		0	48,937	744
LUMENTUM HLDGS INC COM	COM	55024U109	1,659	17,000	SH		SOLE		0	17,000	0
MARVELL TECHNOLOGY GROUP LTD C	COM	573874104	731	10,200	SH		SOLE		0	10,200	0
MASCO CORP COM	COM	574599106	278	5,448	SH		SOLE		0	5,448	0
MASTEC INC COM	COM	576323109	748	8,590	SH		SOLE		0	8,590	0
MCKESSON CORP	COM	58155q103	9,627	31,446	SH		SOLE		0	31,016	430
MDU RESOURCES GROUP INC	COM	552690109	282	10,600	SH		SOLE		0	10,600	0
MERCK & CO INC NEW COM	COM	58933Y105	2,414	29,426	SH		SOLE		0	29,426	0
META PLATFORMS	COM	30303M102	8,201	36,880	SH		SOLE		0	36,290	590
METTLER TOLEDO INTL COM	COM	592688105	309	225	SH		SOLE		0	225	0
MGE ENERGY INC COM	COM	55277P104	532	6,670	SH		SOLE		0	6,670	0
MGP INGREDIENTS INC NEW COM	COM	55303J106	451	5,266	SH		SOLE		0	4,016	1,250
MICROSOFT CORP	COM	594918104	24,119	78,229	SH		SOLE		0	74,066	4,163
MIMEDX GROUP INC COM	COM	602496101	106	22,600	SH		SOLE		0	19,450	3,150
MOLSON COORS BEVERAGE CO	COM	60871R209	3,959	74,162	SH		SOLE		0	73,284	878
MUELLER WTR PRODS INC COM SER	COM	624758108	401	31,025	SH		SOLE		0	31,025	0
NEUROCRINE BIOSCIENCES INC COM	COM	64125C109	732	7,805	SH		SOLE		0	7,805	0
NEWELL BRANDS INC.	COM	651229106	3,846	179,657	SH		SOLE		0	176,144	3,513
NMI HLDGS INC CL A	COM	629209305	313	15,176	SH		SOLE		0	15,176	0
NOODLES & CO COM CL A	COM	65540B105	605	101,332	SH		SOLE		0	101,332	0
NORTHERN TRUST CORP	COM	665859104	7,131	61,236	SH		SOLE		0	60,600	636
ONEOK INC NEW COM	COM	682680103	311	4,407	SH		SOLE		0	4,407	0
ORACLE CORP	COM	68389X105	7,109	85,932	SH		SOLE		0	84,491	1,441
OSHKOSH CORPORATION	COM	688239201	3,160	31,398	SH		SOLE		0	30,923	475
PARAMOUNT GLOBLAL	COM	92556H206	10,773	284,918	SH		SOLE		0	280,766	4,152
PAYPAL HLDGS INC COM	COM	70450Y103	10,434	90,224	SH		SOLE		0	88,913	1,311
PEPSICO INC	COM	713448108	992	5,926	SH		SOLE		0	5,409	517
PERFORMANCE FOOD GROUP CO COM	COM	71377A103	7,559	148,487	SH		SOLE		0	145,261	3,226
PFIZER INC	COM	717081103	3,765	72,734	SH		SOLE		0	72,022	712
PIONEER NAT RES CO COM	COM	723787107	769	3,075	SH		SOLE		0	3,075	0
PNC FINL SVCS GROUP COM	COM	693475105	4,622	25,058	SH		SOLE		0	24,677	381
PREMIER INC CL A	COM	74051N102	677	19,030	SH		SOLE		0	19,030	0
PROCTER & GAMBLE COMPANY	COM	742718109	4,548	29,766	SH		SOLE		0	29,766	0
PURE STORAGE INC CL A	COM	74624M102	619	17,525	SH		SOLE		0	17,525	0
QUALCOMM INC	COM	747525103	13,202	86,388	SH		SOLE		0	84,328	2,060
REGAL REXNORD CORP	COM	758750103	3,653	24,556	SH		SOLE		0	23,642	914
REGIONS FINANCIAL CORP COM	COM	7591EP100	391	17,585	SH		SOLE		0	17,585	0
RESMED INC COM	COM	761152107	594	2,450	SH		SOLE		0	2,450	0
REV GROUP INC COM	COM	749527107	536	39,995	SH		SOLE		0	39,995	0
SALESFORCE INC COM	COM	79466L302	214	1,006	SH		SOLE		0	1,006	0
SCHEIN HENRY INC CO	COM	806407102	732	8,395	SH		SOLE		0	8,395	0
SCHWAB (CHARLES) CORP	COM	808513105	2,895	34,337	SH		SOLE		0	34,337	0
SEALED AIR CORP	COM	81211K100	3,133	46,791	SH		SOLE		0	45,748	1,043
SKECHERS U S A INC CL A	COM	830566105	3,718	91,205	SH		SOLE		0	88,840	2,365
SMITH A O COM	COM	831865209	3,478	54,432	SH		SOLE		0	52,482	1,950
SOUTHERN CO COM	COM	842587107	305	4,208	SH		SOLE		0	4,208	0
SPX CORP COM	COM	784635104	222	4,495	SH		SOLE		0	4,495	0
SS&C TECHNOLOGIES HLDGS INC CO	COM	78467J100	3,722	49,607	SH		SOLE		0	48,721	886
STARBUCKS CORP CO	COM	855244109	4,023	44,220	SH		SOLE		0	43,397	823
STATE STREET CORP	COM	857477103	9,005	103,362	SH		SOLE		0	102,244	1,118
STEELCASE INC CL A	COM	858155203	2,976	249,021	SH		SOLE		0	244,361	4,660
SYSCO CORPORATION	COM	871829107	559	6,843	SH		SOLE		0	6,393	450
TAKE-TWO INTERACTIVE COM	COM	874054109	3,494	22,728	SH		SOLE		0	22,245	483
TARGET CORP	COM	87612e106	5,901	27,807	SH		SOLE		0	27,392	415
TESLA INC	COM	88160R101	1,307	1,213	SH		SOLE		0	1,209	4
TOPBUILD CORP COM	COM	89055F103	1,708	9,415	SH		SOLE		0	9,115	300
TRUIST FINANCIAL CORP	COM	89832q109	620	10,929	SH		SOLE		0	10,929	0
UNITEDHEALTH GROUP INC	COM	91324P102	8,164	16,009	SH		SOLE		0	15,824	185
UNIVERSAL HLTH SVCS INC CL B	COM	913903100	685	4,725	SH		SOLE		0	4,725	0
URBAN OUTFITTERS INC COM	COM	917047102	2,561	101,977	SH		SOLE		0	99,860	2,117
VIATRIS	COM	92556V106	5,597	514,467	SH		SOLE		0	505,871	8,596
VIAVI SOLUTIONS INC COM	COM	925550105	4,545	282,643	SH		SOLE		0	277,281	5,362
VISA INC COM CL A	COM	92826C839	4,505	20,314	SH		SOLE		0	20,005	309
WABTEC CORP COM	COM	929740108	5,708	59,348	SH		SOLE		0	57,900	1,448
WALGREENS BOOTS ALLIANCE INC	COM	931427108	11,454	255,850	SH		SOLE		0	250,292	5,558
WALGREENS BOOTS ALLIANCE INC	COM	931427108	8	181	SH		DFND		0	181	0
WEC ENERGY GROUP INC COM	COM	92939U106	216	2,169	SH		SOLE		0	2,169	0
WELLS FARGO NEW	COM	949746101	5,326	109,906	SH		SOLE		0	107,704	2,202
WILLSCOT MOBIL MINI HLDNG CORP	COM	971378104	616	15,741	SH		SOLE		0	15,741	0
XCEL ENERGY INC	COM	98389B100	253	3,499	SH		SOLE		0	3,499	0
ZIONS BANCORPORATION NA	COM	989701107	5,941	90,622	SH		SOLE		0	89,562	1,060
ENTERPRISE PRODS PARTN COM	COM	293792107	298	11,527	SH		SOLE		0	10,522	1,005
ANNALY MTG MGMT INC COM	COM	035710409	859	122,060	SH		SOLE		0	122,060	0
DIAMONDROCK HOSPITALIT COM	COM	252784301	550	54,462	SH		SOLE		0	54,462	0
GLOBAL NET LEASE INC COM NEW	COM	379378201	727	46,225	SH		SOLE		0	46,225	0
HOST HOTELS&RESORTS COM	COM	44107P104	562	28,901	SH		SOLE		0	28,901	0
OMEGA HEALTHCARE INVS COM	COM	681936100	899	28,863	SH		SOLE		0	28,863	0
SERVICE PPTYS TR COM SH BEN IN	COM	81761L102	461	52,205	SH		SOLE		0	52,205	0
SIMON PPTY GROUP INC NEW COM	COM	828806109	232	1,761	SH		SOLE		0	1,396	365
BLACKSTONE MORTGAGE TRUST INC	CONV	09257wab6	2,225	2,225,000	PRN		SOLE		0	2,225,000	0
DIGITALBRIDGE GR	CONV	19624raa4	19,465	19,225,000	PRN		SOLE		0	19,225,000	0
FEDNAT HLDG CO	CONV	31431bad1	4,440	5,000,000	PRN		SOLE		0	5,000,000	0
HOPE BANCORP INC	CONV	43940tab5	25,413	25,750,000	PRN		SOLE		0	25,750,000	0
PROSPECT CAP CORP	CONV	74348tar3	255	253,000	PRN		SOLE		0	253,000	0
SCHWAB STRATEGIC TR EMRG MKTEQ	COM	808524706	1,254	45,173	SH		SOLE		0	45,173	0
SCHWAB STRATEGIC TR INTL EQTY	COM	808524805	1,169	31,835	SH		SOLE		0	31,835	0
SPDR INDEX SHS FDS MSCI EAFE S	COM	78463X434	234	3,248	SH		SOLE		0	3,228	20
ISHARES S&P MIDCAP 400 VALUE E	COM	464287705	828	7,555	SH		SOLE		0	7,555	0
ISHARES S&P SMLCP 600 VALUE ET	COM	464287879	484	4,723	SH		SOLE		0	4,723	0
ISHARES TR S&P500/BAR VAL	COM	464287408	979	6,289	SH		SOLE		0	6,289	0
SCHWAB STRATEGIC TR US LCAP VA	COM	808524409	511	7,164	SH		SOLE		0	7,164	0
SPDR SERIES TRUST PRTFLO S&P50	COM	78464A508	304	7,289	SH		SOLE		0	7,189	100
SPDR SERIES TRUST S&P 400 MDCP	COM	78464A839	436	6,194	SH		SOLE		0	6,144	50
SPDR SERIES TRUST S&P 600 SMCP	COM	78464A300	354	4,245	SH		SOLE		0	4,220	25
VANGUARD SCOTTSDALE FDS SHRT T	COM	92206C409	1,145	14,667	SH		SOLE		0	14,667	0