ON HLDG AG
COMMON
CUSIP: H5919C104
Institutional Holders525
Total Institutional Value$10,178,664,676
Total Shares Held225,910,545
Avg Position$19,387,933
Top 5 Holders %37.5%
Alpha-Weighted Score64.8
New Positions+87
Exited Positions-82
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| FMR LLC | High Conviction | Market Mover | $1,379,532,721 (13.6%) | 29,680,136 | 11.9% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $1,121,091,661 (11.0%) | 24,119,871 | 54.6% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $515,109,301 (5.1%) | 11,082,386 | 24.7% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $409,911,536 (4.0%) | 8,819,095 | 37.7% |
| SANDS CAPITAL MANAGEMENT, LP | High Conviction | Moderate Flow | $308,397,124 (3.0%) | 6,635,050 | 7.6% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $307,314,187 (3.0%) | 6,611,751 | 48.3% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $267,993,222 (2.6%) | 5,765,775 | 12.7% |
| BANCO INC | High Conviction | Moderate Flow | $251,246,989 (2.5%) | 5,405,486 | 25.0% |
| UBS Group AG | Moderate Conviction | Market Mover | $230,566,364 (2.3%) | 4,960,550 | -33.3% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $196,646,853 (1.9%) | 4,230,784 | -57.5% |
| BARCLAYS PLC | High Conviction | Market Mover | $188,832,714 (1.9%) | 4,062,666 | - |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $168,061,733 (1.7%) | 3,615,786 | 74.2% |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $147,718,134 (1.5%) | 3,178,101 | -14.1% |
| WALLEYE TRADING LLC | Moderate Conviction | Significant Flow | $142,675,008 (1.4%) | 3,069,600 | 20.5% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $142,642,024 (1.4%) | 3,057,822 | 2.7% |
| FENGHE FUND MANAGEMENT PTE. LTD. | High Conviction | Low Flow | $142,424,527 (1.4%) | 3,064,211 | NEW |
| SELECT EQUITY GROUP, L.P. | High Conviction | Moderate Flow | $135,978,077 (1.3%) | 2,925,518 | 201.2% |
| WELLINGTON MANAGEMENT GROUP LLP | High Conviction | Market Mover | $132,241,317 (1.3%) | 2,845,123 | 4.2% |
| NORGES BANK | High Conviction | Market Mover | $128,826,060 (1.3%) | 2,771,645 | 33.4% |
| JENNISON ASSOCIATES LLC | High Conviction | Significant Flow | $125,456,221 (1.2%) | 2,699,144 | -27.6% |
| STATE STREET CORP | High Conviction | Market Mover | $112,803,706 (1.1%) | 2,426,930 | 14.8% |
| HOLOCENE ADVISORS, LP | High Conviction | Significant Flow | $111,522,811 (1.1%) | 2,399,372 | NEW |
| CLEARBRIDGE INVESTMENTS, LLC | High Conviction | Significant Flow | $101,325,380 (1.0%) | 2,179,978 | 130.8% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $98,830,290 (1.0%) | 2,126,297 | 54.2% |
| BALYASNY ASSET MANAGEMENT LLC | Moderate Conviction | Market Mover | $94,916,436 (0.9%) | 2,042,092 | 1,131.3% |
| ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. | High Conviction | Significant Flow | $93,099,440 (0.9%) | 2,003,000 | 53.6% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $79,860,169 (0.8%) | 1,718,162 | -65.9% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $69,293,638 (0.7%) | 1,490,827 | 14.9% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $67,933,448 (0.7%) | 1,461,563 | 164.0% |
| CAPITAL FUND MANAGEMENT S.A. | Moderate Conviction | Significant Flow | $58,009,782 (0.6%) | 1,248,059 | 234.2% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $56,365,552 (0.6%) | 1,212,684 | 6.8% |
| MUFG SECURITIES EMEA PLC | High Conviction | Moderate Flow | $55,776,000 (0.5%) | 1,200,000 | NEW |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $53,796,764 (0.5%) | 1,157,417 | 5.1% |
| VICTORY CAPITAL MANAGEMENT INC | High Conviction | Market Mover | $52,509,154 (0.5%) | 1,129,715 | 111.1% |
| FIERA SCEPTRE INC. | High Conviction | Moderate Flow | $42,795,902 (0.4%) | 920,738 | 45.9% |
| FEDERATED HERMES, INC. | High Conviction | Significant Flow | $41,401,455 (0.4%) | 890,737 | -9.3% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $40,575,739 (0.4%) | 872,972 | -21.4% |
| THORNTREE CAPITAL PARTNERS LP | Elite Conviction | Minimal Flow | $40,066,225 (0.4%) | 862,010 | 63.4% |
| HPM PARTNERS LLC | High Conviction | Market Mover | $39,700,799 (0.4%) | 854,148 | 17.0% |
| OGBORNE CAPITAL MANAGEMENT, LLC | Elite Conviction | Minimal Flow | $39,301,118 (0.4%) | 845,549 | 47.3% |
| ZURCHER KANTONALBANK | High Conviction | Significant Flow | $38,709,892 (0.4%) | 832,829 | 2,832.7% |
| JUNTO CAPITAL MANAGEMENT LP | High Conviction | Low Flow | $38,650,398 (0.4%) | 831,549 | NEW |
| INTERVAL PARTNERS, LP | High Conviction | Moderate Flow | $37,714,104 (0.4%) | 811,405 | 11.8% |
| PEAK6 LLC | Moderate Conviction | Significant Flow | $37,669,809 (0.4%) | 810,452 | -67.5% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $37,518,562 (0.4%) | 807,198 | 32.9% |
| APEIRON CAPITAL LTD | High Conviction | Minimal Flow | $36,991,201 (0.4%) | 795,852 | 9.8% |
| WALLEYE TRADING ADVISORS, LLC | Moderate Conviction | Significant Flow | $36,360,514 (0.4%) | 782,283 | 302.6% |
| PICTET ASSET MANAGEMENT HOLDING SA | High Conviction | Market Mover | $35,395,403 (0.3%) | 761,519 | -18.8% |
| VOYA INVESTMENT MANAGEMENT LLC | Moderate Conviction | Market Mover | $34,330,407 (0.3%) | 738,606 | 12.7% |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | High Conviction | Moderate Flow | $33,877,924 (0.3%) | 728,871 | -11.6% |
| MANE GLOBAL CAPITAL MANAGEMENT LP | High Conviction | Low Flow | $33,845,016 (0.3%) | 728,163 | 215.4% |
| MARSHALL WACE, LLP | Moderate Conviction | Market Mover | $32,901,147 (0.3%) | 707,856 | 94.2% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $31,404,621 (0.3%) | 675,659 | 133.6% |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $31,368,655 (0.3%) | 674,885 | 5.3% |
| VILLERE ST DENIS J & CO | High Conviction | Minimal Flow | $30,621,349 (0.3%) | 658,807 | 4.2% |
| SEGESPAR | High Conviction | Market Mover | $29,945,530 (0.3%) | 644,267 | 230.3% |
| MANCHESTER GLOBAL MANAGEMENT (UK) LTD | High Conviction | Minimal Flow | $29,386,469 (0.3%) | 632,239 | 2.1% |
| MAN GROUP PLC | High Conviction | Significant Flow | $29,299,597 (0.3%) | 630,370 | 60.7% |
| CAPTION MANAGEMENT, LLC | Moderate Conviction | Significant Flow | $27,841,520 (0.3%) | 599,000 | 46.1% |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $27,199,538 (0.3%) | 517,175 | 45.7% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | High Conviction | Market Mover | $27,058,750 (0.3%) | 582,159 | 6.8% |
| BWCP, LP | Elite Conviction | Minimal Flow | $25,431,532 (0.2%) | 547,150 | 42.1% |
| ZURICH INSURANCE GROUP LTD/FI | High Conviction | Moderate Flow | $24,979,839 (0.2%) | 537,432 | NEW |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $24,235,840 (0.2%) | 521,425 | -26.2% |
| WOODLINE PARTNERS LP | High Conviction | Significant Flow | $24,016,077 (0.2%) | 516,697 | 9.8% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $23,897,000 (0.2%) | 514,132 | -69.7% |
| SQUAREPOINT OPS LLC | Moderate Conviction | Significant Flow | $23,537,472 (0.2%) | 506,400 | -70.7% |
| GATES BILL & MELINDA FOUNDATION | Elite Conviction | Moderate Flow | $23,240,000 (0.2%) | 500,000 | 9.8% |
| TREXQUANT INVESTMENT LP | High Conviction | Significant Flow | $23,229,310 (0.2%) | 499,770 | 89.5% |
| SEI INVESTMENTS CO | High Conviction | Market Mover | $23,226,356 (0.2%) | 499,709 | 49.9% |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC | High Conviction | Low Flow | $22,433,479 (0.2%) | 482,648 | -17.4% |
| Nuveen, LLC | High Conviction | Market Mover | $20,300,884 (0.2%) | 436,766 | -45.1% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $20,270,673 (0.2%) | 436,116 | 9.0% |
| Groupe la Francaise (CIK 0002056088) | High Conviction | Moderate Flow | $20,158,459 (0.2%) | 433,953 | 18.7% |
| TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA | High Conviction | Low Flow | $19,833,760 (0.2%) | 426,716 | 22.1% |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $18,772,017 (0.2%) | 403,873 | -4.6% |
| TWIN TREE MANAGEMENT, LP | Moderate Conviction | Significant Flow | $17,571,392 (0.2%) | 378,042 | 80.8% |
| HODGES CAPITAL MANAGEMENT INC. | High Conviction | Low Flow | $17,162,740 (0.2%) | 369,250 | 19.8% |
| FRONTIER CAPITAL MANAGEMENT CO LLC | High Conviction | Moderate Flow | $16,987,417 (0.2%) | 365,478 | -31.5% |
| WILEY BROS.-AINTREE CAPITAL, LLC | High Conviction | Significant Flow | $16,442,951 (0.2%) | 353,764 | 7,051.7% |
| ARNHOLD LLC | Elite Conviction | Low Flow | $16,221,520 (0.2%) | 349,000 | 9.8% |
| BALTIMORE-WASHINGTON FINANCIAL ADVISORS, INC. | High Conviction | Low Flow | $15,667,432 (0.2%) | 337,079 | 11.6% |
| RUSSELL INVESTMENTS GROUP, LTD. | Moderate Conviction | Market Mover | $15,391,621 (0.2%) | 331,145 | 115.5% |
| OSSIAM | High Conviction | Moderate Flow | $15,031,493 (0.1%) | 323,397 | 143.5% |
| QUBE RESEARCH & TECHNOLOGIES LTD | Moderate Conviction | Market Mover | $14,938,672 (0.1%) | 321,400 | 123.8% |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | High Conviction | Significant Flow | $13,944,000 (0.1%) | 300,000 | NEW |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM | High Conviction | Significant Flow | $13,858,058 (0.1%) | 298,151 | 12.7% |
| NEW YORK STATE COMMON RETIREMENT FUND | High Conviction | Market Mover | $13,758,777 (0.1%) | 296,015 | -80.9% |
| CGNU PLC | High Conviction | Significant Flow | $13,435,044 (0.1%) | 289,050 | NEW |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | High Conviction | Moderate Flow | $13,164,019 (0.1%) | 283,219 | 14.8% |
| PEREGRINE CAPITAL MANAGEMENT LLC | High Conviction | Low Flow | $13,033,968 (0.1%) | 280,421 | 10.6% |
| JUMP FINANCIAL, LLC | High Conviction | Significant Flow | $12,987,999 (0.1%) | 279,432 | -35.2% |
| Albar Capital Partners LLP (CIK 0002034565) | High Conviction | Minimal Flow | $12,625,967 (0.1%) | 271,643 | NEW |
| VERITION FUND MANAGEMENT LLC | High Conviction | Significant Flow | $12,208,158 (0.1%) | 262,654 | -24.1% |
| BANQUE PICTET & CIE SA | High Conviction | Moderate Flow | $11,875,872 (0.1%) | 255,505 | 21.7% |
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $11,819,260 (0.1%) | 254,287 | 4.2% |
| BLAIR WILLIAM & CO/IL | High Conviction | Significant Flow | $11,793,975 (0.1%) | 253,743 | NEW |
| RIPOSTE CAPITAL LLC | High Conviction | Minimal Flow | $11,620,000 (0.1%) | 250,000 | NEW |
| HOUND PARTNERS, LLC | High Conviction | Minimal Flow | $11,620,000 (0.1%) | 250,000 | 9.8% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $11,129,513 (0.1%) | 239,448 | 6.0% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 520 | $10.20B | 226,478,945 | $45.05 |
| Q3 25 | 495 | $9.07B | 223,622,895 | $40.54 |
| Q2 25 | 501 | $10.42B | 214,069,483 | $48.68 |
| Q1 25 | 480 | $8.33B | 201,948,164 | $41.25 |
| Q4 24 | 472 | $10.72B | 208,940,731 | $51.32 |
| Q3 24 | 425 | $11.41B | 238,087,462 | $47.91 |
| Q2 24 | 385 | $9.13B | 247,536,075 | $36.88 |
| Q1 24 | 341 | $8.41B | 245,263,867 | $34.29 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.