On Holding AG Class AONON
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 528 institutions reported holding On Holding AG Class A (ONON) in their 13F filings, up 39 from Q3 2025. 95 opened new positions and 86 sold out. The largest holders were FMR LLC ($1.4B), Morgan Stanley ($1.1B) and Platinum Paramount Investment LTD. ($525.8M). 9 famous investors held it, including Ron Baron (0.7% of Baron Capital (BAMCO)'s portfolio), Ken Griffin (0.1% of Citadel Advisors's portfolio) and Bill Gates / Michael Larson (0.1% of Gates Foundation Trust's portfolio).
- Company
- On Holding AG Class A
- Filed as
- ON HLDG AG (Q4 2025)
- CUSIP
- H5919C104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 95 | $659.5M |
| Exits | 86 | $631.4M |
All 13F filers, Q3 2025 → Q4 2025: 39,569,770 shares bought and 33,975,822 shares sold, net +5,593,948 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 528 holders
| FMR LLC | 0.07% | Add +2.0% | 29,680,136 | $1.4B |
| Morgan Stanley | 0.07% | Add +40.9% | 24,119,871 | $1.1B |
| Platinum Paramount Investment LTD. | 65.17% | — | 11,312,048 | $525.8M |
| Alliancebernstein L.P. | 0.16% | Add +13.6% | 11,082,386 | $515.1M |
| Sinvest Investments II Ltd. | 100.00% | — | 8,400,000 | $390.4M |
| Sands Capital Management, LLC | 0.94% | Reduce -2.0% | 6,635,050 | $308.4M |
| BlackRock, Inc. | 0.00% | Add +2.7% | 5,765,775 | $268.0M |
| Baron Capital (BAMCO) | 0.68% | Add +13.9% | 5,405,486 | $251.2M |
| JPMorgan Chase & Co. | 0.01% | Reduce -22.6% | 4,230,784 | $196.6M |
| UBS Group AG | 0.03% | Reduce -43.5% | 3,670,094 | $170.6M |
| American Century Companies Inc. | 0.07% | Reduce -21.7% | 3,178,101 | $147.7M |
| Citadel Advisors | 0.10% | Add +66.5% | 3,078,451 | $143.1M |
| Ameriprise Financial Inc. | 0.03% | Reduce -7.8% | 3,057,822 | $142.6M |
| FengHe Fund Management Pte. Ltd. | 8.02% | New | 3,064,211 | $142.4M |
| Wellington Management Group LLP | 0.02% | Reduce -5.1% | 2,845,123 | $132.2M |
| Norges Bank | 0.01% | — | 2,771,645 | $128.8M |
| T. Rowe Price Associates Inc. | 0.01% | Add +119.8% | 2,738,692 | $127.3M |
| Jennison Associates LLC | 0.08% | Reduce -34.1% | 2,699,144 | $125.5M |
| State Street Corp. | 0.00% | Add +4.6% | 2,426,930 | $112.8M |
| Holocene Advisors, LP | 0.24% | New | 2,399,372 | $111.5M |
| Clearbridge Investments, LLC | 0.08% | Add +110.3% | 2,179,978 | $101.3M |
| Franklin Resources Inc. | 0.02% | Add +40.5% | 2,126,297 | $98.8M |
| Robeco Institutional Asset Management B.V. | 0.13% | Add +40.0% | 2,003,000 | $93.1M |
| Nomura Asset Management International Inc. | 0.13% | — | 1,887,234 | $87.7M |
| Select Equity Group, L.P. | 0.40% | New | 1,873,818 | $87.1M |
| Balyasny Asset Management L.P. | 0.16% | Add +22641.2% | 1,757,892 | $81.7M |
| Bank of America Corp. | 0.01% | Reduce -37.9% | 1,718,162 | $79.9M |
| Geode Capital Management, LLC | 0.00% | Add +4.7% | 1,490,827 | $69.3M |
| T. Rowe Price Investment Management, Inc. | 0.04% | Reduce -74.4% | 1,278,728 | $59.4M |
| MUFG Securities EMEA plc | 0.65% | New | 1,200,000 | $55.8M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -4.2% | 1,157,417 | $53.8M |
| Millennium Management | 0.04% | Add +2.4% | 1,135,484 | $52.8M |
| Bessemer Group Inc. | 0.08% | Reduce -6.7% | 1,130,842 | $52.6M |
| Victory Capital Management Inc. | 0.03% | Add +92.3% | 1,129,715 | $52.5M |
| Citigroup Inc. | 0.03% | Add +64.8% | 1,001,563 | $46.6M |
| Fiera Capital Corp | 0.14% | Add +32.9% | 920,738 | $42.8M |
| Federated Hermes, Inc. | 0.07% | Reduce -17.3% | 890,737 | $41.4M |
| ThornTree Capital Partners LP | 6.70% | Add +48.9% | 862,010 | $40.1M |
| Cerity Partners LLC | 0.06% | Add +6.6% | 854,148 | $39.7M |
| Ogborne Capital Management, LLC | 12.97% | Add +156.2% | 845,549 | $39.3M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.08% | Add +2572.1% | 832,829 | $38.7M |
| Junto Capital Management LP | 0.87% | New | 831,549 | $38.7M |
| Vanguard Group Inc. | 0.00% | Add +21.1% | 807,198 | $37.5M |
| Jane Street Group, LLC | 0.04% | Add +4662.0% | 806,586 | $37.5M |
| APEIRON CAPITAL Ltd | 42.78% | No change | 795,852 | $37.0M |
| Interval Partners, LP | 0.85% | Reduce -1.6% | 783,605 | $36.4M |
| Pictet Asset Management Holding SA | 0.03% | Reduce -26.1% | 761,519 | $35.4M |
| Voya Investment Management LLC | 0.04% | Add +2.7% | 738,606 | $34.3M |
| Kayne Anderson Rudnick Investment Management LLC | 0.09% | Reduce -19.4% | 728,871 | $33.9M |
| Mane Global Capital Management LP | 1.85% | Add +187.4% | 728,163 | $33.8M |
| Marshall Wace, LLP | 0.03% | Add +76.9% | 707,856 | $32.9M |
| Bank of New York Mellon Corp | 0.01% | Add +112.9% | 675,659 | $31.4M |
| Janus Henderson Group PLC | 0.01% | Reduce -4.1% | 674,885 | $31.4M |
| Villere St Denis J & Co. LLC | 3.15% | Reduce -5.0% | 658,807 | $30.6M |
| Amundi | 0.01% | Add +202.5% | 644,267 | $29.9M |
| Manchester Global Management (UK) Ltd | 3.96% | Reduce -7.0% | 632,239 | $29.4M |
| Man Group plc | 0.06% | Add +46.4% | 630,370 | $29.3M |
| Capital Fund Management S.A. | 0.26% | New | 583,259 | $27.1M |
| Manufacturers Life Insurance Company, The | 0.02% | Reduce -2.7% | 582,159 | $27.1M |
| Walleye Capital LLC | 0.16% | Add +342.9% | 556,183 | $25.9M |
| Bwcp, LP | 4.22% | Add +29.4% | 547,150 | $25.4M |
| Zurich Insurance Group Ltd | 0.17% | New | 537,432 | $25.0M |
| Woodline Partners LP | 0.09% | Add +0.0% | 516,697 | $24.0M |
| BNP Paribas Financial Markets | 0.02% | Add +53.5% | 516,488 | $24.0M |
| Royal Bank of Canada | 0.00% | Reduce -51.1% | 514,132 | $23.9M |
| Wells Fargo & Company | 0.00% | Reduce -34.9% | 504,625 | $23.5M |
| Gates Foundation Trust | 0.07% | No change | 500,000 | $23.2M |
| Trexquant Investment LP | 0.21% | Add +72.7% | 499,770 | $23.2M |
| Sei Investments Co. | 0.02% | Add +36.6% | 499,709 | $23.2M |
| Zevenbergen Capital Investments LLC | 0.50% | Reduce -24.7% | 482,648 | $22.4M |
| Nuveen, LLC | 0.01% | Reduce -49.9% | 436,766 | $20.3M |
| Northern Trust Corp. | 0.00% | Reduce -0.7% | 436,116 | $20.3M |
| Groupe la Francaise | 0.29% | Add +9.1% | 433,953 | $20.2M |
| Towarzystwo Funduszy Inwestycyjnych Pzu SA | 4.99% | Add +11.3% | 426,716 | $19.8M |
| Raymond James Financial Inc. | 0.01% | Reduce -13.1% | 403,873 | $18.8M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.02% | New | 377,573 | $17.5M |
| Hodges Capital Management Inc. | 1.47% | Add +9.1% | 369,250 | $17.2M |
| Frontier Capital Management Co. LLC | 0.18% | Reduce -37.6% | 365,478 | $17.0M |
| &partners | 0.09% | Add +6416.2% | 353,764 | $16.4M |
| Arnhold LLC | 1.23% | No change | 349,000 | $16.2M |
| Baltimore-Washington Financial Advisors, Inc. | 0.66% | Add +1.7% | 337,079 | $15.7M |
| Russell Investments Group, Ltd. | 0.02% | Add +96.3% | 331,145 | $15.4M |
| Ossiam | 0.30% | Add +121.8% | 323,397 | $15.0M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.02% | New | 300,000 | $13.9M |
| California Public Employees Retirement System | 0.01% | Add +2.7% | 298,151 | $13.9M |
| New York State Common Retirement Fund | 0.02% | No change | 296,015 | $13.8M |
| Aviva PLC | 0.02% | New | 289,050 | $13.4M |
| Silvercrest Asset Management Group LLC | 0.09% | Add +4.6% | 283,219 | $13.2M |
| Peregrine Capital Management LLC | 0.40% | Add +0.8% | 280,421 | $13.0M |
| Jump Financial, LLC | 0.18% | Reduce -41.0% | 279,432 | $13.0M |
| Albar Capital Partners LLP | 2.99% | New | 271,643 | $12.6M |
| Barclays PLC | 0.01% | Reduce -40.1% | 268,666 | $12.5M |
| Verition Fund Management LLC | 0.07% | Reduce -30.8% | 262,654 | $12.2M |
| Banque Pictet & Cie SA | 0.12% | Add +10.8% | 255,505 | $11.9M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -5.1% | 254,287 | $11.8M |
| Blair William & Co. | 0.03% | New | 253,743 | $11.8M |
| Riposte Capital LLC | 4.83% | New | 250,000 | $11.6M |
| Hound Partners, LLC | 1.61% | No change | 250,000 | $11.6M |
| Susquehanna International Group, LLP | 0.02% | Reduce -38.7% | 247,295 | $11.5M |
| PEAK6 LLC | 0.31% | Reduce -13.9% | 245,152 | $11.4M |
"% of holder's portfolio" is ONON's weight in each manager's 13F, not the share of On Holding AG Class A the manager owns.