Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

On Semiconductor Corp (ON)

986 + Investors. Track Smart Money conviction in ON. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +169
Streak
3Q ▲
Buyers last Q
57%

Smart Money Signals — ON

Based on 1008 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added ON than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,008 hedge funds hold ON right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +27% more funds vs a year ago

fund count last 6Q
+212 new funds entered over the past year (+27% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 57% buying

571 buying435 selling
Last quarter: 571 funds bought or added vs 435 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+98 vs last Q)

new funds entering per quarter
Funds opening a new ON position: 95 → 142 → 147 → 245. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 17% medium ■ 24% new
595 out of 1,008 hedge funds have held ON for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +65% but shares only +18% — price-driven

Value
+64%
Shares
+17%
Last quarter: the total dollar value of institutional holdings rose +65%, but actual share count only changed +18%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

159 → 95 → 142 → 147 → 245 new funds/Q
New funds entering each quarter: 95 → 142 → 147 → 245. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 68% veterans vs 23% newcomers

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Entry-cohort mix of 1,077 holders: 732 (68%) are 2+ year veterans, 94 entered 1–2 years ago, and 251 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 61% AUM from top-100 funds

61% from top-100 AUM funds
66 of 996 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in ON. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ON

In 2026 Q2, 571 hedge funds were net buyers of ON (245 opened a new position, 326 added to an existing one), while 435 reduced or exited (359 trimmed, 76 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 61% of total institutional value in ON is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +169 funds (more new holders than closures). Total institutional holders: 1008.

Hedge Fund Ownership: ON

How many hedge funds hold ON — quarterly history vs. share price
Quarterly hedge fund ownership of ON vs. share price

Market Analysis: ON

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ON

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy On Semiconductor Corp (ON) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ON has moved relative to its sector benchmark (XLK) since the 2026 Q3 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End September 30, 2026 · 45d ago
ON
-8.0%
XLK
-13.2%

ON outperformed XLK by +5.2% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 0d ago
ON
+0.0%
XLK
+0.0%

Since the filing became public, ON outperformed XLK by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

42 top-rated funds 7 high-conviction
Consensus
7.1
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: ON
2026 Q3 Stats Unlock in 5 days 986 + Investors

Track Smart Money conviction in ON. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 986 839 17.52%
13F Shares 425M 407M 4.35%
Total Value $39.69B $24.44B 62.41%
New Positions 241 147 +94
Increased Positions 312 281 +31
Closed Positions 82 104 -22
Reduced Positions 333 288 +45
Total Calls 42 34 23.53%
Total Puts 38 33 15.15%
PUT/CALL Ratio 0.9 0.97 Neutral

Statistics: ON

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q3)

986 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ON. Verified SEC 13F-HR filings.

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 ON holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Malaga Cove Capital, LLC 4.00% 161,993 $12.5M
2 Iridian Asset Management LLC/Ct 2.46% 88,134 $6.8M
3 Robeco Schweiz AG 2.30% 1,658,310 $127.5M
4 Villere St Denis J & Co LLC 2.20% 222,237 $17.1M
5 Graphene Investments SAS 2.06% 49,600 $3.8M
6 Barnes Dennig Private Wealth Management LLC 1.93% 29,730 $2.3M
7 Generali Investments Towarzystwo Funduszy Inwestycyjnych 1.53% 54,400 $4.2M
8 Hanseatic Management Services Inc 1.30% 18,782 $1.8M
9 Portman Square Capital LLP 1.30% 298,500 $22.9M
10 Miller Capital Partners, Inc. 1.26% 39,208 $3.0M
11 Cambiar Investors LLC 1.19% 383,629 $29.5M
12 DDD Partners, LLC 1.12% 254,359 $19.6M
13 Carolina Wealth Management Inc 1.05% 31,750 $2.4M
14 Counterpoint Mutual Funds LLC 0.92% 138,377 $10.6M
15 Vega Investment Solutions 0.90% 71,917 $5.5M
16 Slow Capital, Inc. 0.89% 103,386 $7.9M
17 Carmel Capital Partners, LLC 0.88% 31,907 $2.5M
18 Atwood & Palmer Inc 0.87% 219,533 $16.9M
19 Lecap Asset Management Ltd 0.79% 21,652 $1.7M
20 M&G Plc 0.72% 1,867,090 $143.8M
21 Baker Ellis Asset Management LLC 0.71% 84,906 $6.5M
22 Earnest Partners LLC 0.69% 2,266,370 $174.2M
23 Skylands Capital, LLC 0.67% 66,720 $5.1M
24 Rafferty Asset Management, LLC 0.66% 3,322,598 $255.4M
25 CenterBook Partners LP 0.66% 187,420 $14.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

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Frequently Asked Questions — On Semiconductor Corp (ON)

What does the Smart Money Trend signal show for ON?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added ON than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ON?

Slight buying edge — 57% buying: Last quarter: 571 funds bought or added vs 435 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ON holders?

Elite ownership — 61% AUM from top-100 funds: 66 of 996 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in ON. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ON?

59% of holders stayed for 2+ years: 595 out of 1,008 hedge funds have held ON for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy On Semiconductor Corp (ON) following the 2026 Q3 hedge fund 13F filings?

As of today, ON has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLK sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), ON has gained -8.0% vs -13.2% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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