Ecolab Inc.
MX ˙ BMV ˙ US2788651006
SecurityMX:ECL / Ecolab Inc.
InstitutionPinnacle Bancorp, Inc.
Latest Disclosed Ownership1,080 shares
Latest Disclosed Value $ 287,302
Pinnacle Bancorp, Inc. ownership in ECL / Ecolab Inc.

On April 22, 2026 - Pinnacle Bancorp, Inc. filed a 13F-HR form disclosing ownership of 1,080 shares of Ecolab Inc. (MX:ECL) valued at $287,302 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 22, 2026 disclosing 1,080 shares of Ecolab Inc.. This represents a change in shares of 0.00% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-22 2026-03-31 13F Ecolab COM 278865100 1,080 0 0.00 287 1.41 0.0848
2026-01-22 2025-12-31 13F Ecolab COM 278865100 1,080 0 0.00 284 -4.07 0.0831
2025-10-24 2025-09-30 13F Ecolab COM 278865100 1,080 95 9.64 296 11.32 0.0874
2025-07-11 2025-06-30 13F Ecolab COM 278865100 985 0 0.00 265 6.43 0.0819
2025-04-23 2025-03-31 13F Ecolab COM 278865100 985 0 0.00 250 8.26 0.0814
2025-01-14 2024-12-31 13F Ecolab COM 278865100 985 0 0.00 231 -8.37 0.0751
2024-10-09 2024-09-30 13F Ecolab COM 278865100 985 0 0.00 252 7.26 0.0672
2024-07-15 2024-06-30 13F Ecolab COM 278865100 985 0 0.00 234 3.08 0.0692
2024-04-16 2024-03-31 13F Ecolab COM 278865100 985 0 0.00 227 16.41 0.0673
2024-01-25 2023-12-31 13F Ecolab COM 278865100 985 0 0.00 195 17.47 0.0640
2023-10-18 2023-09-30 13F Ecolab COM 278865100 985 0 0.00 167 -9.29 0.0593
2023-07-14 2023-06-30 13F Ecolab COM 278865100 985 0 0.00 184 12.27 0.0629
2023-04-14 2023-03-31 13F Ecolab COM 278865100 985 125 14.53 163 0.0598
2023-01-24 2022-12-31 13F Ecolab COM 278865100 860 -101 -10.51 0 -100.00 0.0481
2022-10-25 2022-09-30 13F Ecolab COM 278865100 961 0 0.00 139 -6.08 0.0600
2022-07-12 2022-06-30 13F Ecolab COM 278865100 961 0 0.00 148 -12.94 0.0609
2022-04-14 2022-03-31 13F Ecolab COM 278865100 961 -190 -16.51 170 -37.04 0.0590
2022-01-19 2021-12-31 13F Ecolab COM 278865100 1,151 0 0.00 270 12.50 0.0954
2021-10-12 2021-09-30 13F Ecolab COM 278865100 1,151 33 2.95 240 4.35 0.0960
2021-07-15 2021-06-30 13F Ecolab COM 278865100 1,118 35 3.23 230 -0.86 0.1049
2021-04-26 2021-03-31 13F Ecolab COM 278865100 1,083 0 0.00 232 -0.85 0.1124
2021-01-13 2020-12-31 13F Ecolab COM 278865100 1,083 25 2.36 234 10.90 0.1441
2020-10-13 2020-09-30 13F Ecolab COM 278865100 1,058 -57 -5.11 211 -4.95 0.1487
2020-07-07 2020-06-30 13F Ecolab COM 278865100 1,115 20 1.83 222 29.82 0.1651
2020-04-09 2020-03-31 13F Ecolab COM 278865100 1,095 115 11.73 171 -9.52 0.1461
2020-01-10 2019-12-31 13F Ecolab COM 278865100 980 0 0.00 189 -2.58 0.1310
2019-10-08 2019-09-30 13F Ecolab COM 278865100 980 0 0.00 194 0.52 0.1107
2019-07-08 2019-06-30 13F Ecolab COM 278865100 980 0 0.00 193 11.56 0.1085
2019-04-05 2019-03-31 13F Ecolab COM 278865100 980 -500 -33.78 173 -20.64 0.1003
2019-03-20 2018-12-31 13F Ecolab COM 278865100 1,480 -465 -23.91 218 -10.66 0.1341
2017-04-17 2017-03-31 13F Ecolab COM 278865100 1,945 1,945 244 0.1725
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.