Bond Capital Management’s On Holding ONON Stock Holding History

Bond Capital Management’s Portfolio ONON Stock Details ONON Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-2,814,375	Closed	-$119M	–	5
2025 Q3	$119M	Hold	2,814,375	–	–	57.7%	1
2025 Q2	$146M	Hold	2,814,375	–	–	67.83%	1
2025 Q1	$124M	Hold	2,814,375	–	–	66.55%	1
2024 Q4	$154M	Hold	2,814,375	–	–	66.25%	1
2024 Q3	$141M	Hold	2,814,375	–	–	68.08%	1
2024 Q2	$109M	Hold	2,814,375	–	–	60.7%	1
2024 Q1	$99.6M	Hold	2,814,375	–	–	53.15%	1
2023 Q4	$75.9M	Hold	2,814,375	–	–	48.44%	1
2023 Q3	$78.3M	Hold	2,814,375	–	–	49.65%	1
2023 Q2	$92.9M	Hold	2,814,375	–	–	52.03%	1
2023 Q1	$87.3M	Hold	2,814,375	–	–	47.59%	1
2022 Q4	$48.3M	Hold	2,814,375	–	–	33.99%	1
2022 Q3	$45.2M	Sell	2,814,375 -2,814,375	-50%	-$56.1M	30.63%	1
2022 Q2	$99.6M	Hold	5,628,750	–	–	40.49%	1
2022 Q1	$142M	Buy	+5,628,750	New	+$150M	36.34%	1

Other funds holding ONON

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

PPI

Platinum Paramount Investment Nassau $704M AUM

AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return

SIIL

Sinvest Investments II Ltd Nassau, New Providence $298M AUM

Sands Capital Management Arlington, Virginia $26.9B AUM 34.44% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

BAMCO Inc New York $66.6B AUM 7.35% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Bond Capital Management's ONON Position: Q4 2025 in Review

Bond Capital Management sold out of On Holding (ONON) in Q4 2025, closing a stake of 2,814,375 shares — an estimated $119M sold.

Bond Capital Management first reported a position in ONON in Q1 2022 and held it in 15 quarters. The position peaked at $154M in Q4 2024. 527 funds tracked by Wall St. Rank hold ONON as of Q4 2025.

Bond Capital Management reported no remaining On Holding position as of Q4 2025 after selling out during the quarter.
Bond Capital Management sold 2,814,375 On Holding shares in Q4 2025, an estimated $119M.
Bond Capital Management first reported a position in On Holding in Q1 2022 and held it in 15 quarters.
Bond Capital Management's On Holding position peaked at $154M in Q4 2024.
527 funds tracked by Wall St. Rank held On Holding as of Q4 2025.

Based on Bond Capital Management's 13F filing for Q4 2025, filed 12 Feb 2026.