ON HLDG AG

Ticker: ONON CUSIP: H5919C104 Class: Common Stock

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (95)

FengHe Fund Management Pte. Ltd.
Value ($000) $142,425 Shares 3,064,211
Grand Alliance Asset Management Ltd
Value ($000) $10,690 Shares 230,000
Albar Capital Partners LLP
Value ($000) $12,626 Shares 271,643
RIPOSTE CAPITAL LLC
Value ($000) $11,620 Shares 250,000
JW Asset Management, LLC
Value ($000) $6,319 Shares 135,950
Tenzing Global Management, LLC
Value ($000) $3,486 Shares 75,000
Lisanti Capital Growth, LLC
Value ($000) $4,455 Shares 95,840
Junto Capital Management LP
Value ($000) $38,650 Shares 831,549
MUFG Securities EMEA plc
Value ($000) $55,776 Shares 1,200,000
Select Equity Group, L.P.
Value ($000) $87,095 Shares 1,873,818
South Shore Capital Advisors
Value ($000) $509 Shares 10,950
Quinn Opportunity Partners LLC
Value ($000) $7,607 Shares 163,655
Holocene Advisors, LP
Value ($000) $111,523 Shares 2,399,372
One Capital Management, LLC
Value ($000) $8,887 Shares 191,199
SHARPEPOINT LLC
Value ($000) $420 Shares 9,031
Zurich Insurance Group Ltd/FI
Value ($000) $24,980 Shares 537,432
Leonteq Securities AG
Value ($000) $5,779 Shares 124,326
Prosperity Wealth Management, Inc.
Value ($000) $609 Shares 13,100
Militia Capital Partners, LP
Value ($000) $414 Shares 8,900
LETSON INVESTMENT MANAGEMENT, INC.
Value ($000) $442 Shares 9,500

Increased Positions (171)

OGBORNE CAPITAL MANAGEMENT, LLC
Value ($000) $39,301 (+181.2%) Shares 845,549 (+156.2%)
ThornTree Capital Partners LP
Value ($000) $40,066 (+63.4%) Shares 862,010 (+48.9%)
BWCP, LP
Value ($000) $25,432 (+42.1%) Shares 547,150 (+29.4%)
TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA
Value ($000) $19,834 (+22.1%) Shares 426,716 (+11.3%)
MANE GLOBAL CAPITAL MANAGEMENT LP
Value ($000) $33,845 (+215.4%) Shares 728,163 (+187.4%)
Bulltick Wealth Management, LLC
Value ($000) $5,847 (+102.9%) Shares 125,800 (+84.8%)
Hodges Capital Management Inc.
Value ($000) $17,163 (+19.8%) Shares 369,250 (+9.1%)
Shellback Capital, LP
Value ($000) $10,086 (+33.3%) Shares 217,000 (+21.5%)
Qsemble Capital Management, LP
Value ($000) $3,396 (+337.7%) Shares 73,061 (+298.8%)
Malaga Cove Capital, LLC
Value ($000) $2,154 (+36.0%) Shares 46,340 (+23.9%)
BAMCO INC /NY/
Value ($000) $251,247 (+25.0%) Shares 5,405,486 (+13.9%)
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
Value ($000) $2,045 (+29.3%) Shares 44,000 (+17.8%)
LECAP ASSET MANAGEMENT LTD
Value ($000) $1,918 (+30.2%) Shares 41,273 (+18.6%)
OSSIAM
Value ($000) $15,031 (+143.5%) Shares 323,397 (+121.8%)
Carl P. Sherr & Co., LLC
Value ($000) $1,027 (+59.2%) Shares 22,690 (+49.0%)
BALYASNY ASSET MANAGEMENT L.P.
Value ($000) $81,707 (+24858.9%) Shares 1,757,892 (+22641.2%)
Trexquant Investment LP
Value ($000) $23,229 (+89.5%) Shares 499,770 (+72.7%)
&PARTNERS
Value ($000) $16,443 (+7051.7%) Shares 353,764 (+6416.2%)
Zurcher Kantonalbank (Zurich Cantonalbank)
Value ($000) $38,710 (+2832.6%) Shares 832,829 (+2572.1%)
First Dallas Securities Inc.
Value ($000) $888 (+56.0%) Shares 19,100 (+42.1%)

Decreased Positions (134)

Manchester Global Management (UK) Ltd
Value ($000) $29,386 (+2.1%) Shares 632,239 (-7.0%)
VILLERE ST DENIS J & CO LLC
Value ($000) $30,621 (+4.2%) Shares 658,807 (-5.0%)
Norman Fields, Gottscho Capital Management, LLC
Value ($000) $7,199 (+100378.5%) Shares 154,890 (-8.5%)
Atala Financial Inc
Value ($000) $1,149 (-28.8%) Shares 24,729 (-35.1%)
Polymer Capital Management (HK) LTD
Value ($000) $5,484 (-23.2%) Shares 117,995 (-30.0%)
Bayesian Capital Management, LP
Value ($000) $209 (-86.9%) Shares 4,500 (-88.1%)
Legacy Bridge, LLC
Value ($000) $35 (-96.3%) Shares 755 (-96.6%)
DE BURLO GROUP INC
Value ($000) $6,932 (-11.6%) Shares 149,150 (-19.5%)
Unison Asset Management LLC
Value ($000) $1,666 (-12.7%) Shares 36,136 (-19.8%)
DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD.
Value ($000) $1,859 (-51.2%) Shares 40,000 (-55.6%)
FOX RUN MANAGEMENT, L.L.C.
Value ($000) $836 (-57.8%) Shares 17,977 (-61.6%)
GAM Holding AG
Value ($000) $2,598 (-41.0%) Shares 55,900 (-46.3%)
Jump Financial, LLC
Value ($000) $12,988 (-35.2%) Shares 279,432 (-40.9%)
FRONTIER CAPITAL MANAGEMENT CO LLC
Value ($000) $16,987 (-31.5%) Shares 365,478 (-37.6%)
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.
Value ($000) $1,935 (-41.5%) Shares 41,621 (-46.7%)
LOS ANGELES CAPITAL MANAGEMENT LLC
Value ($000) $802 (-96.8%) Shares 21,540 (-96.4%)
T. Rowe Price Investment Management, Inc.
Value ($000) $37 (-82.4%) Shares 799,128 (-84.0%)
Fieldview Capital Management, LLC
Value ($000) $2,583 (-7.1%) Shares 55,564 (-15.4%)
SANDS CAPITAL MANAGEMENT, LLC
Value ($000) $308,397 (+7.6%) Shares 6,635,050 (-2.0%)
Cinctive Capital Management LP
Value ($000) $6,218 (-8.2%) Shares 133,769 (-16.4%)

Exited Positions (85)

Bond Capital Management, LP
Value ($000) $119,189 Shares 2,814,375
Wealth High Governance Capital Ltda
Value ($000) $12,705 Shares 300,000
Anomaly Capital Management, LP
Value ($000) $102,912 Shares 2,430,032
Aragon Global Management, LP
Value ($000) $8,856 Shares 209,112
Night Squared LP
Value ($000) $6,670 Shares 157,502
Ilex Capital Partners (UK) LLP
Value ($000) $44,163 Shares 1,042,808
Baypointe Partners LLC
Value ($000) $2,470 Shares 58,334
Tairen Capital Ltd
Value ($000) $11,388 Shares 268,900
Absoluto Partners Gestao de Recursos Ltda
Value ($000) $1,771 Shares 41,824
Barden Capital Management, Inc.
Value ($000) $1,184 Shares 27,958
Capricorn Fund Managers Ltd
Value ($000) $2,118 Shares 50,000
KEYSTONE INVESTORS PTE LTD
Value ($000) $5,295 Shares 125,024
TWINBEECH CAPITAL LP
Value ($000) $12,243 Shares 289,081
SHERBROOKE PARK ADVISERS LLC
Value ($000) $993 Shares 23,439
Quantessence Capital LLC
Value ($000) $919 Shares 21,702
Munro Partners
Value ($000) $12,035 Shares 284,190
BW Gestao de Investimentos Ltda.
Value ($000) $8,470 Shares 200,000
OCCUDO QUANTITATIVE STRATEGIES LP
Value ($000) $2,536 Shares 59,874
Yorktown Management & Research Co Inc
Value ($000) $364 Shares 8,600
Nicholas Investment Partners, LP
Value ($000) $3,023 Shares 71,393