Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ON HLDG AG (ONON)

564 + Investors. Track Smart Money conviction in ONON. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +34
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — ONON

Based on 515 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ONON than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
515 hedge funds hold ONON right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+62 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

315 buying236 selling
Last quarter: 315 funds bought or added vs 236 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+29 vs last Q)

new funds entering per quarter
Funds opening a new ONON position: 79 → 98 → 89 → 118. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

40% of holders stayed for 2+ years

■ 40% conviction (2yr+) ■ 26% medium ■ 33% new
207 out of 515 hedge funds have held ONON for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

88 → 79 → 98 → 89 → 118 new funds/Q
New funds entering each quarter: 79 → 98 → 89 → 118. A growing number of institutions are discovering ONON each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 46% of holders stayed 2+ years

■ 46% veterans ■ 16% 1-2yr ■ 37% new
Of 564 current holders: 261 (46%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
41 of 515 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in ONON. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: ONON

How many hedge funds hold ONON — quarterly history vs. share price
Quarterly hedge fund ownership of ONON vs. share price

Market Analysis: ONON

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ONON

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

67 top-rated funds 8 high-conviction
Consensus
8.0
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: ONON
2026 Q1 Stats Unlock in 9 days 564 + Investors

Track Smart Money conviction in ONON. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 564 527 7.02%
13F Shares 235M 203M 15.74%
Total Value $10.81B $8.56B 26.29%
New Positions 120 92 +28
Increased Positions 261 235 +26
Closed Positions 90 95 -5
Reduced Positions 216 225 -9
Total Calls 31 30 3.33%
Total Puts 25 25 -
PUT/CALL Ratio 0.81 0.83 Neutral

Statistics: ONON

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

564 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ONON. Verified SEC 13F-HR filings.

Top 25 institutional holders of ONON — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sinvest Investments II Ltd. 100.00% 8,400,000 $285.8M
2 APEIRON CAPITAL Ltd 31.69% 996,052 $33.9M
3 VILLERE ST DENIS J & CO LLC 2.31% 615,787 $20.9M
4 Unison Asset Management LLC 1.80% 115,689 $3.9M
5 Norman Fields, Gottscho Capital Management, LLC 1.68% 149,472 $5.1M
6 Bulltick Wealth Management, LLC 1.50% 200,041 $6.8M
7 PRENTISS SMITH & CO INC 1.33% 67,150 $2.3M
8 JW Asset Management, LLC 1.16% 82,950 $2.8M
9 Hodges Capital Management Inc. 1.00% 354,671 $12.1M
10 CALIFORNIA FIRST LEASING CORP 0.92% 84,100 $2.9M
11 GFS Advisors, LLC 0.87% 119,696 $6.8M
12 SANDS CAPITAL MANAGEMENT, LLC 0.84% 6,325,547 $215.2M
13 AlpenGlobal Capital LLC 0.83% 38,476 $1.3M
14 Sage Capital Advisors,llc 0.79% 100,170 $3.4M
15 Capricorn Fund Managers Ltd 0.74% 139,571 $4.7M
16 Atala Financial Inc 0.73% 31,904 $1.1M
17 Red Spruce Capital, LLC 0.60% 42,669 $1.5M
18 Malaga Cove Capital, LLC 0.56% 45,534 $1.5M
19 Eleva Capital SAS 0.50% 50,150 $1.7M
20 SHELTON WEALTH MANAGEMENT, LLC 0.49% 33,193 $1.1M
21 BENNETT SELBY INVESTMENTS LP 0.44% 36,503 $1.2M
22 ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.39% 403,109 $13.7M
23 Congress Park Capital LLC 0.39% 37,663 $1.3M
24 Robinhood Asset Management, LLC 0.39% 159,317 $5.4M
25 PeakShares LLC 0.38% 12,287 $418K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ON HLDG AG (ONON)

What does the Smart Money Trend signal show for ONON?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ONON than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ONON?

Slight buying edge — 57% buying: Last quarter: 315 funds bought or added vs 236 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ONON holders?

Elite ownership — 48% AUM from top-100 funds: 41 of 515 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in ONON. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ONON?

40% of holders stayed for 2+ years: 207 out of 515 hedge funds have held ONON for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.