Gates Foundation Trust — ONON

How Gates Foundation Trust's position in ON HLDG AG changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	500,000	$17,010,000	0.05%	—
Q4 2025	500,000	$23,240,000	0.07%	NEW