{
 "company": "On Holding",
 "ticker": "ONON",
 "page": "https://www.moatshark.com/s/onon",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Gates Foundation Trust",
   "moatshark_slug": "gates-foundation-trust",
   "period": "2026-06-30",
   "portfolio_pct": 0.05,
   "value_usd": 17710000,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 20
  },
  {
   "manager": "Polen Capital Management",
   "moatshark_slug": "polen-capital-management",
   "period": "2026-06-30",
   "portfolio_pct": 0.02,
   "value_usd": 2080619,
   "change": "REDUCE",
   "share_change_pct": -33.3,
   "quarters_held": 8
  },
  {
   "manager": "First Eagle Investment Management",
   "moatshark_slug": "first-eagle-investment-management",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 13460,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  }
 ]
}