MORGAN STANLEY - 31 Dec 2025 SCHEDULE 13G Report for On Holding AG Class A Ordinary Shares (ONON)

Filing Manager
MORGAN STANLEY
Reporting Manager
Morgan Stanley
Symbol
ONON
Shares outstanding
294,870,923 shares
Disclosed Ownership
19,166,610 shares
Ownership
6.5%
Form type
SCHEDULE 13G
Filing time
12 Feb 2026, 11:54:57 UTC
Date of event
31 Dec 2025

Reporting Managers (2)

Name Ownership Shares Owned sole voting power shared voting power Signature Title CIK
Morgan Stanley 6.5% 19,166,610 0 18,120,980 Chris O'Hara Authorized Signatory, Morgan Stanley
Morgan Stanley Investment Management Inc. 6.4% 18,876,026 0 17,838,580 Deidre A. Downes Authorized Signatory, Morgan Stanley Investment Management Inc.