On Holding
ONON
489 hedge funds and large institutions have $7.42B invested in On Holding in 2026 Q2 according to their latest regulatory filings, with 94 funds opening new positions, 152 increasing their positions, 169 reducing their positions, and 91 closing their positions.
5% more capital invested
Capital invested by funds: $7.07B → $7.42B (+$356M)
1.25% more ownership
Funds ownership: 69.37% → 70.61% (+1.2%)
3% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 91
1% more call options, than puts
Call options by funds: $400M | Put options by funds: $395M
1% less funds holding
Funds holding: 494 → 489 (-5)
10% less repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 169
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$485M |
| 2 |
BAMCO Inc
New York
|
+$264M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$119M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$81.5M |
| 5 |
FGP
Freestone Grove Partners
San Francisco,
California
|
+$74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$294M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$205M |
| 3 |
JP Morgan Chase
New York
|
-$136M |
| 4 |
ICP
Ilex Capital Partners
London,
United Kingdom
|
-$130M |
| 5 |
Select Equity Group
New York
|
-$90.1M |
ONON Hedge Fund Activity: Q2 2026 in Review
489 of the 8,274 institutional investors tracked by Wall St. Rank reported a position in On Holding (ONON) for Q2 2026, worth a combined $7.42B — up 5% from $7.07B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new ONON positions and 91 closed out — a net gain of 3 holders — while 152 added to existing stakes and 169 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $485M. The largest seller was Fidelity Investments, cutting an estimated $294M.
- 489 institutional investors held On Holding (ONON) as of Q2 2026, down from 494 in Q1 2026.
- Funds reported $7.42B of On Holding stock for Q2 2026, up 5% quarter-over-quarter.
- 94 funds opened new On Holding positions in Q2 2026 and 91 closed out, a net change of +3 holders.
- The largest On Holding buyer in Q2 2026 was Lone Pine Capital, an estimated $485M added.
- The largest On Holding seller in Q2 2026 was Fidelity Investments, an estimated $294M sold.
Based on aggregated 13F filings for Q2 2026.