Current Value of Holding

$235M

Shares

6.33M

% of Portfolio

0.83%

Average Buy Price

$49.9

Avg closing price
Price range

4 Sands Capital On Holding AG Trades

Sands Capital acquired 6.33M On Holding AG shares worth $235M. That's 0.83% of their equity portfolio (32nd largest holding). The investor owns 1.65% of the outstanding On Holding AG stock. Sands Capital started to build up the position in On Holding AG in Q2 2025 and continued to invest until Q3 2025. Since then they sold 444k shares. The investor's estimated purchase price is $316M, resulting in a loss of 26%.

Avg closing price
Price range
Sold 4.7% shares (-310k shares) Q1 2026
Avg closing price $44.23
Price range $31.88 - $50.63
Sold 2.0% shares (-134k shares) Q4 2025
Avg closing price $43.09
Price range $34.98 - $49.49
Increased shares by 46.7% (+2.16M shares) Q3 2025
Avg closing price $47.66
Price range $42.35 - $54.36
New holding (+4.61M shares) Q2 2025
Avg closing price $50.96
Price range $37.65 - $60.68

News about On Holding AG - Ordinary Shares Class A and Sands Capital

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