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
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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	338	5,800	SH		SOLE		0	5,800	0
AON PLC SHS CL A	ADR	G0403H108	600	2,000	SH		SOLE		0	2,000	0
BANK OF MONTREAL	ADR	063671101	279	3,082	SH		SOLE		0	3,082	0
BAUSCH HEALTH COS INC COM	ADR	071734107	1,518	241,709	SH		SOLE		0	234,127	7,582
CAMECO CORP COM	ADR	13321L108	236	10,390	SH		SOLE		0	10,390	0
COLLIERS INTL GROUP INC SUB VT	ADR	194693107	1,562	16,975	SH		SOLE		0	16,975	0
FIRSTSERVICE CORP NEW COM	ADR	33767E202	345	2,815	SH		SOLE		0	2,815	0
INFINEON TECHNOLOGIES AG SPONS	ADR	45662N103	3,323	110,215	SH		SOLE		0	101,720	8,495
JAZZ PHARMACEUTICALS PLC SHS U	ADR	G50871105	871	5,470	SH		SOLE		0	5,470	0
KORNIT DIGITAL LTD SHS	ADR	M6372Q113	3,037	132,235	SH		SOLE		0	129,350	2,885
NXP SEMICONDUCTORS N V COM	ADR	N6596X109	6,960	44,041	SH		SOLE		0	42,062	1,979
TRANE TECHNOLOGIES PLC SHS	ADR	G8994E103	433	2,575	SH		SOLE		0	2,575	0
1ST BUS FINL SVCS INC COM	COM	319390100	220	6,020	SH		SOLE		0	6,020	0
3M CO COM	COM	88579Y101	251	2,097	SH		SOLE		0	1,737	360
ABBOTT LABS	COM	002824100	930	8,472	SH		SOLE		0	8,446	26
ABBVIE INC. COM	COM	00287Y109	6,399	39,595	SH		SOLE		0	37,617	1,978
ACADIA HEALTHCARE COMPANY INC	COM	00404A109	367	4,460	SH		SOLE		0	4,460	0
ACCELERATE DIAGNOSTICS INC COM	COM	00430H102	80	113,900	SH		SOLE		0	113,900	0
ACTIVISION BLIZZARD INC	COM	00507v109	5,812	75,926	SH		SOLE		0	74,621	1,305
ADOBE INC	COM	00724F101	4,828	14,346	SH		SOLE		0	14,115	231
AIR LEASE CORP CL A	COM	00912X302	311	8,100	SH		SOLE		0	8,100	0
ALPHABET INC CAP STK CL A	COM	02079K305	17,641	199,947	SH		SOLE		0	189,268	10,679
ALPHABET INC CAP STK CL C	COM	02079K107	211	2,380	SH		SOLE		0	2,380	0
AMAZON COM INC CO	COM	023135106	314	3,737	SH		SOLE		0	1,737	2,000
AMERICAN EXPRESS CO	COM	025816109	274	1,856	SH		SOLE		0	1,856	0
AMGEN INC	COM	031162100	5,038	19,181	SH		SOLE		0	18,153	1,028
AMN HEALTHCARE SVCS INC COM	COM	001744101	601	5,850	SH		SOLE		0	5,850	0
ANALOG DEVICES INC COM	COM	032654105	2,934	17,887	SH		SOLE		0	17,887	0
APPLE INC COM	COM	037833100	5,908	45,467	SH		SOLE		0	44,465	1,002
ASSOCIATED BANCORP	COM	045487105	1,066	46,175	SH		SOLE		0	46,175	0
AUTOMATIC DATA PROCESSING	COM	053015103	260	1,087	SH		SOLE		0	87	1,000
AZEK CO INC CL A	COM	05478C105	628	30,930	SH		SOLE		0	30,930	0
BANK FIRST CORPORATION	COM	06211J100	659	7,101	SH		SOLE		0	7,101	0
BANK OF AMERICA	COM	060505104	9,184	277,310	SH		SOLE		0	259,525	17,784
BERRY GLOBAL GROUP INC COM	COM	08579W103	3,908	64,677	SH		SOLE		0	63,150	1,527
BEST BUY INC COM	COM	086516101	3,197	39,854	SH		SOLE		0	39,035	819
BLACK KNIGHT INC COM	COM	09215C105	725	11,736	SH		SOLE		0	10,950	786
BOEING CO	COM	097023105	3,565	18,717	SH		SOLE		0	18,717	0
BREAD FINANCIAL HOLDINGS	COM	018581108	7,936	210,719	SH		SOLE		0	206,700	4,018
BRISTOL MYERS SQUIBB CO	COM	110122108	4,527	62,923	SH		SOLE		0	59,888	3,035
CALIX INC COM	COM	13100M509	862	12,600	SH		SOLE		0	12,600	0
CHENIERE ENERGY INC COM NEW	COM	16411R208	634	4,225	SH		SOLE		0	4,225	0
CHEVRON CORP NEW COM	COM	166764100	5,244	29,216	SH		SOLE		0	27,109	2,108
CIGNA CORP NEW COM	COM	125523100	6,171	18,625	SH		SOLE		0	17,896	729
CISCO SYSTEMS INC	COM	17275R102	9,221	193,565	SH		SOLE		0	183,701	9,864
CITIGROUP INC COM NEW	COM	172967424	7,806	172,585	SH		SOLE		0	166,764	5,820
CITIGROUP INC COM NEW	COM	172967424	7	151	SH		DFND		0	151	0
CITIZENS FINANCIAL GROUP INC C	COM	174610105	4,483	113,867	SH		SOLE		0	106,637	7,230
COCA COLA CO	COM	191216100	2,167	34,074	SH		SOLE		0	34,074	0
COGNEX CORP COM	COM	192422103	471	10,000	SH		SOLE		0	10,000	0
COHERENT INC COM	COM	19247g107	7,240	206,279	SH		SOLE		0	199,851	6,427
COLGATE PALMOLIVE CO	COM	194162103	240	3,045	SH		SOLE		0	3,045	0
CORNING INC	COM	219350105	4,853	151,948	SH		SOLE		0	145,121	6,827
COSTCO WHOLESALE CORP	COM	22160K105	345	755	SH		SOLE		0	745	10
CROWDSTRIKE HLDGS INC CL A	COM	22788C105	385	3,660	SH		SOLE		0	3,660	0
CROWN HOLDINGS INC COM	COM	228368106	2,986	36,325	SH		SOLE		0	34,263	2,063
CVS HEALTH CORP COM	COM	126650100	7,630	81,871	SH		SOLE		0	79,484	2,387
DISCOVER FINL SVCS COM	COM	254709108	4,737	48,423	SH		SOLE		0	46,254	2,169
DISNEY WALT PRODTNS	COM	254687106	1,207	13,888	SH		SOLE		0	12,837	1,051
DULUTH HLDGS INC COM CL B	COM	26443V101	380	61,525	SH		SOLE		0	61,525	0
EBAY INC COM	COM	278642103	5,625	135,637	SH		SOLE		0	129,445	6,192
ELECTRONIC ARTS INC COM	COM	285512109	1,701	13,925	SH		SOLE		0	13,925	0
ENERGIZER HLDGS INC NEW COM	COM	29272W109	3,715	110,718	SH		SOLE		0	107,378	3,340
EQUIFAX INC CO	COM	294429105	3,239	16,664	SH		SOLE		0	16,287	377
EVOQUA WATER TECHNOLOGIES CORP	COM	30057T105	507	12,800	SH		SOLE		0	12,800	0
EXACT SCIENCES CORP COM	COM	30063P105	9,733	196,595	SH		SOLE		0	190,739	5,855
EXACT SCIENCES CORP COM	COM	30063P105	5	98	SH		DFND		0	98	0
EXXON MOBIL CORP COM	COM	30231G102	16,210	146,963	SH		SOLE		0	144,494	2,469
FARMERS & MERCHANTS BK COM	COM	308243104	829	111	SH		SOLE		0	0	111
FEDEX CORP COM	COM	31428X106	6,035	34,844	SH		SOLE		0	33,685	1,159
FIDELITY NATIONAL FINANCIAL IN	COM	31620R303	4,195	111,512	SH		SOLE		0	106,326	5,186
FIRST HORIZON CORP	COM	320517105	2,307	94,147	SH		SOLE		0	92,546	1,601
FISERV INC	COM	337738108	9,421	93,210	SH		SOLE		0	89,906	3,304
FREEPORT-MCMORAN INC	COM	35671D857	8,410	221,314	SH		SOLE		0	208,809	12,505
GENERAC HLDGS INC COM	COM	368736104	2,279	22,636	SH		SOLE		0	22,097	539
GENERAL CANNABIS CORP COM	COM	36930V100	1	10,000	SH		SOLE		0	10,000	0
GENERAL DYNAMICS CORP COM	COM	369550108	1,791	7,217	SH		SOLE		0	7,217	0
GENERAL ELECTRIC CO COM NEW	COM	369604301	9,721	116,022	SH		SOLE		0	113,531	2,491
GLOBAL PMTS INC COM	COM	37940X102	2,099	21,134	SH		SOLE		0	20,549	585
GOLDMAN SACHS GROUP INC	COM	38141G104	1,503	4,376	SH		SOLE		0	4,376	0
HANESBRANDS INC COM	COM	410345102	303	47,655	SH		SOLE		0	47,655	0
HCA HEALTHCARE INC COM	COM	40412C101	1,692	7,050	SH		SOLE		0	6,150	900
HILLENBRAND INC COM	COM	431571108	497	11,650	SH		SOLE		0	11,650	0
HONEYWELL INTERNATIONAL INC.	COM	438516106	249	1,160	SH		SOLE		0	1,160	0
INTEL CORP	COM	458140100	377	14,263	SH		SOLE		0	11,654	2,609
INTERCONTINENTALEXCHANGE COM	COM	45866F104	4,176	40,706	SH		SOLE		0	39,995	711
JOHNSON & JOHNSON	COM	478160104	7,748	43,858	SH		SOLE		0	41,741	2,117
JPMORGAN CHASE & CO COM	COM	46625H100	10,877	81,114	SH		SOLE		0	76,655	4,458
KEYSIGHT TECHNOLOGIES INC COM	COM	49338L103	4,789	27,994	SH		SOLE		0	26,074	1,920
KIMBERLY CLARK CORP	COM	494368103	4,660	34,328	SH		SOLE		0	33,990	338
KRAFT HEINZ CO COM	COM	500754106	2,733	67,123	SH		SOLE		0	62,173	4,950
LAS VEGAS SANDS CORP COM	COM	517834107	7,286	151,575	SH		SOLE		0	148,139	3,436
LEVI STRAUSS & CO NEW CL A COM	COM	52736R102	253	16,300	SH		SOLE		0	16,300	0
LKQ CORP COM	COM	501889208	8,935	167,298	SH		SOLE		0	163,066	4,232
LOWES COS INC CO	COM	548661107	239	1,200	SH		SOLE		0	710	490
LOYALTY VENTURES INC COMMON ST	COM	54911Q107	35	14,688	SH		SOLE		0	14,233	455
LUMENTUM HLDGS INC COM	COM	55024U109	1,259	24,133	SH		SOLE		0	24,133	0
MARVELL TECHNOLOGY GROUP LTD C	COM	573874104	511	13,807	SH		SOLE		0	13,792	15
MASCO CORP COM	COM	574599106	251	5,383	SH		SOLE		0	4,608	775
MASTEC INC COM	COM	576323109	511	5,990	SH		SOLE		0	5,990	0
MCDONALDS CORP	COM	580135101	215	814	SH		SOLE		0	814	0
MCKESSON CORP	COM	58155q103	5,664	15,099	SH		SOLE		0	14,476	623
MERCK & CO INC NEW COM	COM	58933Y105	2,245	20,231	SH		SOLE		0	20,231	0
META PLATFORMS	COM	30303M102	6,944	57,702	SH		SOLE		0	56,224	1,477
METTLER TOLEDO INTL COM	COM	592688105	325	225	SH		SOLE		0	225	0
MGE ENERGY INC COM	COM	55277P104	470	6,670	SH		SOLE		0	6,670	0
MICROSOFT CORP	COM	594918104	19,092	79,609	SH		SOLE		0	74,046	5,563
MIMEDX GROUP INC COM	COM	602496101	47	17,000	SH		SOLE		0	13,850	3,150
MOLSON COORS BEVERAGE CO	COM	60871R209	3,057	59,345	SH		SOLE		0	57,949	1,396
MUELLER WTR PRODS INC COM SER	COM	624758108	334	31,025	SH		SOLE		0	31,025	0
NEUROCRINE BIOSCIENCES INC COM	COM	64125C109	777	6,505	SH		SOLE		0	6,505	0
NEW YORK CMNTY BANCORP COM	COM	649445103	449	52,196	SH		SOLE		0	52,196	0
NEWELL BRANDS INC.	COM	651229106	2,637	201,624	SH		SOLE		0	194,465	7,159
NMI HLDGS INC CL A	COM	629209305	796	38,091	SH		SOLE		0	35,091	3,000
NOODLES & CO COM CL A	COM	65540B105	704	128,287	SH		SOLE		0	128,287	0
NORTHERN TRUST CORP	COM	665859104	5,583	63,096	SH		SOLE		0	61,938	1,158
O-I GLASS INC COM	COM	67098H104	563	34,000	SH		SOLE		0	34,000	0
ONEOK INC NEW COM	COM	682680103	290	4,407	SH		SOLE		0	4,407	0
ORACLE CORP	COM	68389X105	7,108	86,959	SH		SOLE		0	83,454	3,505
OSHKOSH CORPORATION	COM	688239201	2,817	31,943	SH		SOLE		0	31,203	740
PARAMOUNT GLOBLAL	COM	92556H206	6,076	359,935	SH		SOLE		0	353,447	6,488
PAYPAL HLDGS INC COM	COM	70450Y103	8,015	112,533	SH		SOLE		0	108,416	4,116
PEPSICO INC	COM	713448108	896	4,960	SH		SOLE		0	3,518	1,442
PERFORMANCE FOOD GROUP CO COM	COM	71377A103	8,202	140,473	SH		SOLE		0	134,161	6,312
PFIZER INC	COM	717081103	3,493	68,166	SH		SOLE		0	67,454	712
PIONEER NAT RES CO COM	COM	723787107	579	2,535	SH		SOLE		0	2,535	0
PNC FINL SVCS GROUP COM	COM	693475105	4,077	25,813	SH		SOLE		0	24,596	1,217
PREMIER INC CL A	COM	74051N102	620	17,730	SH		SOLE		0	17,730	0
PROCTER & GAMBLE COMPANY	COM	742718109	3,887	25,646	SH		SOLE		0	24,806	840
PURE STORAGE INC CL A	COM	74624M102	469	17,525	SH		SOLE		0	15,625	1,900
QUALCOMM INC	COM	747525103	10,632	96,711	SH		SOLE		0	90,646	6,064
REGAL REXNORD CORP	COM	758750103	3,024	25,201	SH		SOLE		0	23,686	1,514
REGIONS FINANCIAL CORP COM	COM	7591EP100	252	11,675	SH		SOLE		0	11,675	0
RESMED INC COM	COM	761152107	416	2,000	SH		SOLE		0	2,000	0
SCHEIN HENRY INC CO	COM	806407102	690	8,640	SH		SOLE		0	8,640	0
SCHWAB (CHARLES) CORP	COM	808513105	2,950	35,437	SH		SOLE		0	35,437	0
SEALED AIR CORP	COM	81211K100	2,358	47,271	SH		SOLE		0	43,935	3,335
SKECHERS U S A INC CL A	COM	830566105	3,874	92,348	SH		SOLE		0	86,085	6,264
SMITH A O COM	COM	831865209	3,283	57,351	SH		SOLE		0	53,487	3,865
SOUTHERN CO COM	COM	842587107	296	4,149	SH		SOLE		0	4,149	0
SPX TECHNOLOGIES INC COM	COM	78473E103	295	4,495	SH		SOLE		0	4,495	0
SS&C TECHNOLOGIES HLDGS INC CO	COM	78467J100	2,869	55,106	SH		SOLE		0	54,135	971
STARBUCKS CORP CO	COM	855244109	4,264	42,984	SH		SOLE		0	42,033	951
STATE STREET CORP	COM	857477103	7,986	102,953	SH		SOLE		0	99,576	3,378
STEELCASE INC CL A	COM	858155203	2,293	324,288	SH		SOLE		0	316,005	8,283
SYSCO CORPORATION	COM	871829107	500	6,547	SH		SOLE		0	5,447	1,100
TAKE-TWO INTERACTIVE COM	COM	874054109	3,175	30,490	SH		SOLE		0	29,886	604
TARGET CORP	COM	87612e106	5,056	33,925	SH		SOLE		0	32,399	1,527
TELEFLEX INC	COM	879369106	574	2,300	SH		SOLE		0	2,300	0
TESLA INC	COM	88160R101	457	3,709	SH		SOLE		0	3,673	36
TOPBUILD CORP COM	COM	89055F103	1,779	11,365	SH		SOLE		0	10,915	450
TOPGOLF CALLAWAY BRANDS	COM	131193104	3,015	152,649	SH		SOLE		0	149,832	2,817
TRUIST FINANCIAL CORP	COM	89832q109	535	12,429	SH		SOLE		0	12,429	0
UNITEDHEALTH GROUP INC	COM	91324P102	6,701	12,639	SH		SOLE		0	12,504	135
UNIVERSAL HLTH SVCS INC CL B	COM	913903100	497	3,525	SH		SOLE		0	3,525	0
VIATRIS	COM	92556V106	6,133	551,046	SH		SOLE		0	540,714	10,332
VIAVI SOLUTIONS INC COM	COM	925550105	3,318	315,727	SH		SOLE		0	301,939	13,787
VISA INC COM CL A	COM	92826C839	4,296	20,676	SH		SOLE		0	19,071	1,605
WABTEC CORP COM	COM	929740108	5,114	51,238	SH		SOLE		0	48,260	2,979
WALGREENS BOOTS ALLIANCE INC	COM	931427108	9,958	266,536	SH		SOLE		0	255,470	11,066
WALGREENS BOOTS ALLIANCE INC	COM	931427108	7	181	SH		DFND		0	181	0
WARNER BROTHERS DISCOVERY	COM	934423104	7,954	838,981	SH		SOLE		0	827,609	11,372
WEC ENERGY GROUP INC COM	COM	92939U106	203	2,169	SH		SOLE		0	2,169	0
WELLS FARGO NEW	COM	949746101	4,716	114,205	SH		SOLE		0	109,318	4,887
WILLSCOT MOBIL MINI HLDNG CORP	COM	971378104	702	15,541	SH		SOLE		0	15,541	0
XCEL ENERGY INC	COM	98389B100	799	11,399	SH		SOLE		0	11,399	0
ZIONS BANCORPORATION NA	COM	989701107	3,452	70,217	SH		SOLE		0	66,603	3,615
ENTERPRISE PRODS PARTN COM	COM	293792107	278	11,527	SH		SOLE		0	10,522	1,005
ANNALY CAPITAL MANAGEMENT INC	COM	035710839	905	42,930	SH		SOLE		0	42,930	0
DIAMONDROCK HOSPITALIT COM	COM	252784301	530	64,663	SH		SOLE		0	64,663	0
GLOBAL NET LEASE INC COM NEW	COM	379378201	689	54,799	SH		SOLE		0	54,799	0
HOST HOTELS&RESORTS COM	COM	44107P104	465	29,003	SH		SOLE		0	29,003	0
OMEGA HEALTHCARE INVS COM	COM	681936100	709	25,364	SH		SOLE		0	25,364	0
SERVICE PPTYS TR COM SH BEN IN	COM	81761L102	381	52,205	SH		SOLE		0	52,205	0
FEDNAT HLDG CO	CONV	31431bad1	1,000	5,000,000	PRN		SOLE		0	5,000,000	0
SCHWAB STRATEGIC TR EMRG MKTEQ	COM	808524706	1,095	46,259	SH		SOLE		0	46,259	0
SCHWAB STRATEGIC TR INTL EQTY	COM	808524805	1,025	31,835	SH		SOLE		0	31,835	0
SPDR INDEX SHS FDS MSCI EAFE S	COM	78463X434	283	4,409	SH		SOLE		0	4,384	25
ISHARES S&P MIDCAP 400 VALUE E	COM	464287705	763	7,572	SH		SOLE		0	7,500	72
ISHARES S&P SMLCP 600 VALUE ET	COM	464287879	456	4,995	SH		SOLE		0	4,959	36
ISHARES TR S&P500/BAR VAL	COM	464287408	925	6,375	SH		SOLE		0	6,259	117
SCHWAB STRATEGIC TR US LCAP VA	COM	808524409	562	8,518	SH		SOLE		0	8,518	0
SPDR SERIES TRUST PRTFLO S&P50	COM	78464A508	494	12,711	SH		SOLE		0	12,592	119
SPDR SERIES TRUST S&P 400 MDCP	COM	78464A839	570	8,807	SH		SOLE		0	8,746	61
SPDR SERIES TRUST S&P 600 SMCP	COM	78464A300	415	5,596	SH		SOLE		0	5,564	32
VANGUARD SCOTTSDALE FDS SHRT T	COM	92206C409	1,356	18,029	SH		SOLE		0	17,836	193