ON Semiconductor

ON • NASDAQ

ON Semiconductor is a semiconductors company in the technology sector on NASDAQ, with a market cap of $22.1B. As of Q3 2025, 104% of shares are held by 750 institutional investors, with FMR LLC as the largest holder at 14.73%.

Market Cap$22.1B

Semiconductors

Technology

Employees30.1K

Websiteonsemi.com

Country

United States of America

Overview

Overview of institutional ownership in ON as of Q3 2025 with a market cap of $20.2B

All Institutions

Institutions: 750
Value Held: $20.9B
Shares Held: 424.1M
Avg Position: $27.9M
Median Position: $799.9K

Hedge Funds

Hedge Funds: 69
Value Held: $1.2B
Shares Held: 24.8M
Avg Position: $17.7M
Median Position: $2.7M

Ownership Breakdown

Institutional (non-HF)

97.6%

$19.7B

Hedge Funds

6.06%

$1.2B

Retail & Other

Based on market cap of $20.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ON as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$3.0B 0.15% of portfolio	14.73% 60.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.5B 0.04% of portfolio	12.54% 51.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$2.0B 0.03% of portfolio	9.83% 40.2M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$944.8M 0.03% of portfolio	4.68% 19.2M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
HENDERSON GROUP PLC Institution	Ali Dibadj CEO	$749.6M 0.34% of portfolio	3.72% 15.2M shares	Q2 2017 Held for 8y 5m	$218.74B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$745.7M 0.05% of portfolio	3.70% 15.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$549.6M 0.04% of portfolio	2.73% 11.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$429.3M 0.10% of portfolio	2.13% 8.7M shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$402.6M 0.03% of portfolio	2.00% 8.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$366.8M 0.06% of portfolio	1.82% 7.4M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B

Net Capital Flow

Institutional buying and selling activity for ON in Q3 2025

Traded: −$158.1M
Buyers: 353
Sellers: 382
Total Bought: +$1.6B
Total Sold: −$1.8B
Avg Position: $24.5M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$219.1M +4.4M shares	$3.0B 60.3M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$159.8M +3.2M shares	$184.9M 3.7M shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	+$131.9M +2.7M shares	$152.8M 3.1M shares
N Neuberger Berman Group LLC Institution	+$101.0M +2.0M shares	$103.1M 2.1M shares
JPMORGAN CHASE & CO Institution	+$86.9M +1.8M shares	$745.7M 15.1M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$64.2M +1.3M shares	$111.2M 2.3M shares
R ROYAL BANK OF CANADA Institution	+$61.3M +1.2M shares	$138.5M 2.8M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$57.1M +1.2M shares	$164.3M 3.3M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$40.4M +820.3K shares	$127.3M 2.6M shares
A Assenagon Asset Management S.A. Institution	+$39.2M +794.8K shares	$59.6M 1.2M shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$187.1M −3.8M shares	$2.0B 40.2M shares
AMERIPRISE FINANCIAL INC Institution	−$172.6M −3.5M shares	$429.3M 8.7M shares
BARCLAYS PLC Institution	−$123.2M −2.5M shares	$236.4M 4.8M shares
R Rafferty Asset Management, LLC Institution	−$99.7M −2.0M shares	$188.2M 3.8M shares
UBS Group AG Institution	−$92.8M −1.9M shares	$200.5M 4.1M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$74.8M −1.5M shares	$20.5M 415.0K shares
MORGAN STANLEY RIA/Wealth	−$56.2M −1.1M shares	$363.5M 7.4M shares
Junto Capital Management LP Hedge Fund•Long/Short	−$45.4M −866.1K shares	Sold Off 0 shares
B BNP Paribas Investment Partners S.A. Institution	−$36.4M −739.0K shares	$53.8M 1.1M shares
M MAPLELANE CAPITAL, LLC Hedge Fund•Long/Short	−$34.1M −651.0K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ON in Q3 2025

New Positions: 33
New Value: $41.3M
Exited Positions: 102
Exited Value: $308.5M

New Positions

Institution	Position Value
O Orbis Allan Gray Ltd RIA/Wealth	$22.8M 463.1K shares
N Napean Trading & Investment Co PTE Ltd Institution	$7.9M 160.5K shares
Morningstar Investment Management LLC Long Only Manager	$2.7M 54.4K shares
A Andar Capital Management HK Ltd Institution	$2.5M 50.0K shares
HITE Hedge Asset Management LLC Hedge Fund•Long/Short	$1.9M 38.7K shares
Arosa Capital Management LP Hedge Fund•Multi-Strategy	$739.7K 15.0K shares
Union Bankshares Corp Institution	$737.2K 15.0K shares
ClearAlpha Technologies LP Hedge Fund•Multi-Strategy	$500.3K 10.1K shares
SONA ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$388.2K 7.9K shares
T Torrey Growth & Income Advisors RIA/Wealth	$304.9K 6.2K shares

Exited Positions

Institution	Previous Position
Junto Capital Management LP Hedge Fund•Long/Short	$45.4M 866.1K shares
M MAPLELANE CAPITAL, LLC Hedge Fund•Long/Short	$34.1M 651.0K shares
A AXA Institution	$31.0M 590.9K shares
Benchstone Capital Management LP Hedge Fund•Long/Short	$30.1M 575.1K shares
NZS Capital, LLC Hedge Fund•Sector	$23.3M 445.4K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$16.8M 321.3K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$15.1M 288.3K shares
N NATIXIS Institution	$13.8M 262.9K shares
Ardmore Road Asset Management LP Hedge Fund•Long/Short	$13.1M 250.0K shares
S Shellback Capital, LP Hedge Fund•Long/Short	$13.1M 250.0K shares

Options Activity

Institutions with the largest Call and Put options positions in ON as of Q3 2025

Call Positions: 37
Call Value: $493.6M
Put Positions: 40
Put Value: $589.6M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$99.2M 20.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$76.4M 15.5K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$48.9M 9.9K contracts
J JANE STREET GROUP, LLC Institution	$44.6M 9.0K contracts
Q Qube Research & Technologies Ltd Institution	$29.4M 6.0K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$23.7M 4.8K contracts
W WOLVERINE TRADING, LLC Institution	$19.8M 4.0K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$18.7M 3.8K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$17.7M 35.8 contracts
C Cubist Systematic Strategies, LLC Institution	$13.5M 2.7K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$84.1M 17.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$77.5M 15.7K contracts
J JANE STREET GROUP, LLC Institution	$64.5M 13.1K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$44.5M 90.2 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$34.4M 7.0K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$34.2M 6.9K contracts
Q Qube Research & Technologies Ltd Institution	$32.1M 6.5K contracts
D D. E. Shaw & Co., Inc. Institution	$28.9M 5.9K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$18.4M 3.7K contracts
P PEAK6 LLC Institution	$17.7M 3.6K contracts

Most Committed Institutions

Institutions with ON as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
F FIFTHDELTA Ltd Institution	-	13.74% $44.0M	0.22% 891.4K shares	Q4 2024 Held for 11 months	$319.8M
A Analog Century Management LP Hedge Fund•Long/Short	Val Zlatev Founder	3.73% $69.4M	0.34% 1.4M shares	Q4 2020 Held for 4y 11m	$1.9B
Malaga Cove Capital, LLC RIA/Wealth	Mark Wade Choate CEO	3.22% $8.9M	0.04% 179.9K shares	Q1 2014 Held for 11y 8m	$275.6M
A Andar Capital Management HK Ltd Institution	-	2.49% $2.5M	0.01% 50.0K shares	Q3 2025 Held for 2 months	$98.9M
BERKLEY W R CORP Institution	W. Robert Berkley, Jr. CEO	2.40% $36.1M	0.18% 731.1K shares	Q2 2022 Held for 3y 5m	$1.5B
S Soviero Asset Management, LP Hedge Fund•Long/Short	Thomas E King CFO	2.26% $3.6M	0.02% 74.0K shares	Q1 2025 Held for 8 months	$161.8M
SUNRISE PARTNERS LIMITED PARTNERSHIP /CT Hedge Fund•Multi-Strategy	Ravi Mohan Singh CEO	2.20% $4.4M	0.02% 90.0K shares	Q4 2022 Held for 2y 11m	$202.2M
P Portman Square Capital LLP Hedge Fund•Vol Arbitrage	Sutesh Kumar Sharma CEO	1.93% $881.0K	0.00% 17.9K shares	Q1 2023 Held for 2y 8m	$45.7M
M Mondrian Capital Management, LLC Hedge Fund•Long/Short	Thanapoom Tor Minesuk CIO	1.88% $8.8M	0.04% 178.0K shares	Q2 2025 Held for 5 months	$466.2M
V VILLERE ST DENIS J & CO LLC Institution	-	1.88% $19.1M	0.09% 386.6K shares	Q2 2019 Held for 6y 5m	$1.0B

Hedge Fund Spotlight

Discover hedge funds investing in ON

Bayforest Capital Ltd

Hedge Fund • Quant

Portfolio ManagerTheodoros Tsagaris

Portfolio Value: $209.9M
Positions: 718
Last Reported: Q3 2025

Sector Allocation

Position in ON Semiconductor

Market Value: $516.2K
Shares Held: 10.5K
Portfolio Weight: 0.25%
Owned Since: 2025-Q1

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