ONTO ranks #792 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
ONTO is a top-conviction position for TT International Asset Management LTD — at 11.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in ONTO belongs to BlackRock, Inc., but the position matters far more to TT International Asset Management LTD, who has 11.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Vontobel Holding Ltd. has added to its ONTO position for two straight quarters, increasing it by $1.3M to reach $1.8M today.
Moody National Bank Trust Division has trimmed its ONTO position for two straight quarters, cutting it by $2.2M while still holding $650.4K.
ONTO is up 0.4% today, and institutions have been net buyers of $9.9B this quarter — today's price move and the underlying institutional flow are pointing the same direction.