undamentalytics Newsletter

On Holding AG: which funds bought and sold

Institutions that bought and sold On Holding AG shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 238 institutions that filed 13F reports for both quarters added to or opened positions in On Holding AG, and 258 cut or closed them. Together they added a net 447K shares, +0.2% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 12.0M shares (+14.8%); index fund managers were net sellers of 169K shares (−1.5%). 86 opened a new position and 92 sold out entirely.

Bought, Q2 2026 238 institutions, 86 of them new holders Sold, Q2 2026 258 institutions, 92 of them sold out
Net change, all compared +447K shares (+0.2%)
Net change, active managers +12.0M shares (+14.8%), 36 bought, 31 sold

Buyers versus sellers

institutions compared, 570
Active managers and hedge funds 36 bought · 31 sold · +12.0M
Index fund managers 5 bought · 5 sold · −169K
Other institutions 197 bought · 222 sold · −11.4M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Lone Pine Capital LLC Hedge fund +13.3M New position 13.3M $470M
BAMCO Inc Active manager +7.2M +74.3% 16.9M $600M
Citadel Advisors LLC Hedge fund +3.3M +84.6% 7.1M $251M
Marshall Wace, LLP Hedge fund +2.2M +176.3% 3.5M $124M
Freestone Grove Partners LP Hedge fund +2.0M +202344100.0% 2.0M $71.7M
Pertento Partners LLP +1.9M +614.1% 2.2M $78.9M
HSBC Holdings PLC +1.3M +1131.4% 1.4M $50.3M
Sands Capital Management, LLC Active manager +1.2M +18.3% 7.5M $265M
Man Group PLC Hedge fund +1.1M +604.0% 1.2M $44M
Walleye Capital LLC Hedge fund +937K +1671.0% 993K $35.2M
D. E. Shaw & Co., Inc. Hedge fund +870K +1723.1% 920K $32.6M
Goldman Sachs Group Inc +783K +30.2% 3.4M $120M
Gotham Asset Management, LLC Hedge fund +755K New position 755K $26.7M
Exoduspoint Capital Management, LP Hedge fund +742K +216.6% 1.1M $38.4M
Verition Fund Management LLC Hedge fund +699K +217.8% 1.0M $36.2M
Hook Mill Capital Partners, LP +674K New position 674K $23.9M
Ameriprise Financial Inc +613K +23.6% 3.2M $113M
Squarepoint Ops LLC Hedge fund +590K +921.1% 654K $23.2M
HRT Financial LP +517K +153.2% 854K $30.3M
Bessemer Group Inc +439K +36.8% 1.6M $57.9M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager −8.0M −33.4% 16.0M $568M
Alliancebernstein L.P. Active manager −5.6M −98.7% 71K $2.4M
Jpmorgan Chase & Co −3.7M −91.2% 361K $12.8M
Ilex Capital Partners (UK) LLP −3.6M −54.0% 3.0M $107M
Select Equity Group, L.P. Active manager −2.5M −100.0% 64 $2,267
UBS Group AG −2.3M −31.6% 5.0M $178M
Holocene Advisors, LP Hedge fund −2.0M −95.9% 87K $3.1M
Morgan Stanley −2.0M −9.0% 20.4M $724M
American Century Companies Inc Active manager −1.9M −64.9% 1.0M $36.6M
Fenghe Fund Management Pte. Ltd. −1.7M Sold out 0 —
Balyasny Asset Management L.P. Hedge fund −1.0M −55.7% 832K $29.5M
Ogborne Capital Management, LLC −951K Sold out 0 —
Zurcher Kantonalbank (Zurich Cantonalbank) −772K −88.6% 99K $3.5M
Price T Rowe Associates Inc Active manager −750K −40.8% 1.1M $38.5M
Alyeska Investment Group, L.P. Hedge fund −700K Sold out 0 —
SG Americas Securities, LLC −659K −74.8% 221K $7.8M
Ossiam −655K −97.6% 16K $573,308
Thorntree Capital Partners LP −529K −44.1% 669K $23.7M
Junto Capital Management LP Hedge fund −470K Sold out 0 —
Cerity Partners LLC −431K −63.7% 246K $8.7M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Lone Pine Capital LLCHedge fund 13.3M $470M
Gotham Asset Management, LLCHedge fund 755K $26.7M
Hook Mill Capital Partners, LP 674K $23.9M
Diversify Advisory Services, LLC 309K $11.4M
Diversify Wealth Management, LLC 309K $11.4M
WCM Investment Management, LLCActive manager 232K $8.2M
Acadian Asset Management LLCActive manager 211K $7.5M
Tabor Asset Management, LP 200K $7.1M
Spx Gestao De Recursos Ltda 108K $3.8M
Polymer Capital Management (HK) Ltd 92K $3.3M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Fenghe Fund Management Pte. Ltd. 1.7M $57.8M
Ogborne Capital Management, LLC 951K $32.4M
Alyeska Investment Group, L.P.Hedge fund 700K $23.8M
Junto Capital Management LPHedge fund 470K $16M
Point72 Asset Management, L.P.Hedge fund 364K $12.4M
Grand Alliance Asset Management Ltd 355K $12.1M
Riposte Capital LLC 325K $11.1M
Headwater Capital Co Ltd 300K $10.2M
Twinbeech Capital LP 259K $8.8M
Rivermont Capital Management LP 257K $8.7M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
486
Ten largest holders
53.4%
of 13F-reported shares
Index fund managers
5.3%
of 13F-reported shares
Active managers and hedge funds
44.5%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 36 31 14 9 +12.0M +14.8%
Index fund managers 5 5 0 0 −169K −1.5%
Other institutions 197 222 72 83 −11.4M −10.1%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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