# On Holding (ONON): value investors who own it | moatshark

3 value investors held On Holding in their Q3 2026 13F, led by Gates Foundation Trust, Polen Capital Management, First Eagle Investment Management.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Gates Foundation Trust | 0.1% | $17.7m | Unchanged | 20 |
| Polen Capital Management | 0.0% | $2.1m | Trimmed -33% | 8 |
| First Eagle Investment Management | 0.0% | $13k | New | 1 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-09-08 | Maguire Scott Andrew | COO | Sold | 1475 | $41k |
| 2026-09-08 | Sluis Frank | CFO | Sold | 687 | $19k |
| 2026-08-14 | Bernhard Olivier | Executive Officer | Bought | 65000 | $2.0m |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/onon). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.