Ecolab Inc.
MX ˙ BMV ˙ US2788651006
SecurityMX:ECL / Ecolab Inc.
InstitutionVictory Capital Management Inc
Latest Disclosed Ownership103,444 shares
Latest Disclosed Value $ 27,518,173
Victory Capital Management Inc reports 24.17% decrease in ownership of ECL / Ecolab Inc.

On May 15, 2026 - Victory Capital Management Inc filed a 13F-HR form disclosing ownership of 103,444 shares of Ecolab Inc. (MX:ECL) valued at $27,518,173 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 136,407 shares of Ecolab Inc.. This represents a change in shares of -24.17% 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)
2026-05-15 2026-03-31 13F ECOLAB COM 278865100 103,444 -32,963 -24.17 27,518 -23.15 0.0132
2026-02-13 2025-12-31 13F ECOLAB COM 278865100 136,407 47,788 53.93 35,810 47.55 0.0202
2025-11-12 2025-09-30 13F ECOLAB COM 278865100 88,619 -3,620 -3.92 24,269 -2.35 0.0142
2025-08-13 2025-06-30 13F ECOLAB COM 278865100 92,239 -8,977 -8.87 24,853 -3.15 0.0160
2025-05-02 2025-03-31 13F ECOLAB COM 278865100 101,216 1,798 1.81 25,660 10.15 0.0263
2025-02-06 2024-12-31 13F ECOLAB COM 278865100 99,418 -2,807 -2.75 23,296 -10.75 0.0229
2024-11-05 2024-09-30 13F ECOLAB COM 278865100 102,225 -5,911 -5.47 26,101 1.42 0.0251
2024-08-05 2024-06-30 13F ECOLAB COM 278865100 108,136 -5,409 -4.76 25,736 -1.83 0.0258
2024-05-03 2024-03-31 13F ECOLAB COM 278865100 113,545 -5,992 -5.01 26,218 10.57 0.0256
2024-02-05 2023-12-31 13F ECOLAB COM 278865100 119,537 -6,544 -5.19 23,710 11.01 0.0249
2023-11-06 2023-09-30 13F ECOLAB COM 278865100 126,081 -82 -0.06 21,358 -9.32 0.0246
2023-07-27 2023-06-30 13F ECOLAB COM 278865100 126,163 25,741 25.63 23,553 41.70 0.0259
2023-05-02 2023-03-31 13F ECOLAB COM 278865100 100,422 -6,798 -6.34 16,623 6.51 0.0187
2023-04-25 2022-12-31 13F/A-3 ECOLAB COM 278865100 107,220 8,782 8.92 15,607 9.77 0.0180
2023-03-10 2022-12-31 13F/A-2 ECOLAB COM 278865100 107,220 8,782 15,607 0.0170
2023-02-10 2022-12-31 13F/A-1 ECOLAB COM 278865100 107,220 8,782 15,607 0.0000
2023-02-09 2022-12-31 13F ECOLAB COM 278865100 98,725 287 15,286 0.0104
2022-11-02 2022-09-30 13F ECOLAB COM 278865100 98,438 -13,810 -12.30 14,217 -17.63 0.0166
2022-08-01 2022-06-30 13F ECOLAB COM 278865100 112,248 -1,190 -1.05 17,260 -10.16 0.0197
2022-05-04 2022-03-31 13F ECOLAB COM 278865100 113,438 -2,567 -2.21 19,212 -29.40 0.0192
2022-02-07 2021-12-31 13F ECOLAB COM 278865100 116,005 3,646 3.24 27,214 16.10 0.0250
2021-11-02 2021-09-30 13F ECOLAB COM 278865100 112,359 19,714 21.28 23,440 22.84 0.0230
2021-08-03 2021-06-30 13F ECOLAB COM 278865100 92,645 3,386 3.79 19,082 -0.13 0.0183
2021-05-04 2021-03-31 13F ECOLAB COM 278865100 89,259 -487 -0.54 19,107 -1.60 0.0196
2021-02-01 2020-12-31 13F ECOLAB COM 278865100 89,746 -1,818 -1.99 19,417 6.12 0.0216
2020-11-09 2020-09-30 13F Ecolab COM 278865100 91,564 -16,776 -15.48 18,298 -15.11 0.0235
2020-08-07 2020-06-30 13F ECOLAB COM 278865100 108,340 -6,355 -5.54 21,554 20.60 0.0292
2020-05-12 2020-03-31 13F/A-1 ECOLAB COM 278865100 114,695 -9,862 -7.92 17,873 -25.65 0.0300
2020-05-04 2020-03-31 13F ECOLAB COM 278865100 114,695 -9,862 17,873 19,560.1823
2020-02-06 2019-12-31 13F/A-1 ECOLAB COM 278865100 124,557 2,251 1.84 24,038 -0.76 0.0292
2020-02-04 2019-12-31 13F ECOLAB COM 278865100 125,168 2,862 24,547 29,424.2593
2019-11-12 2019-09-30 13F ECOLAB COM 278865100 122,306 84,687 225.12 24,221 226.12 0.0312
2019-08-15 2019-06-30 13F ECOLAB COM 278865100 37,619 -20,271 -35.02 7,427 -27.33 0.0150
2019-05-03 2019-03-31 13F ECOLAB CS 278865100 57,890 -21,852 -27.40 10,220 -13.02 0.0233
2019-05-02 2018-12-31 13F/A-1 ECOLAB COM 278865100 79,742 -7,723 -8.83 11,750 -14.31 0.0295
2019-02-05 2018-12-31 13F ECOLAB COM 278865100 79,742 -7,723 11,750
2018-11-01 2018-09-30 13F ECOLAB COM 278865100 87,465 -6,159 -6.58 13,713 4.38 0.0283
2018-08-02 2018-06-30 13F ECOLAB COM 278865100 93,624 52,078 125.35 13,138 130.69 0.0280
2018-05-04 2018-03-31 13F ECOLAB COM 278865100 41,546 8,730 26.60 5,695 29.34 0.0124
2018-02-01 2017-12-31 13F ECOLAB COM 278865100 32,816 3,038 10.20 4,403 14.96 0.0093
2017-10-27 2017-09-30 13F ECOLAB COM 278865100 29,778 4,468 17.65 3,830 13.99 0.0086
2017-08-07 2017-06-30 13F ECOLAB COM 278865100 25,310 3,501 16.05 3,360 22.90 0.0079
2017-05-10 2017-03-31 13F ECOLAB COM 278865100 21,809 8,613 65.27 2,734 76.73 0.0065
2017-02-09 2016-12-31 13F ECOLAB COM 278865100 13,196 856 6.94 1,547 3.00 0.0039
2016-11-02 2016-09-30 13F ECOLAB COM 278865100 12,340 1,724 16.24 1,502 19.30 0.0042
2016-08-09 2016-06-30 13F ECOLAB COM 278865100 10,616 266 2.57 1,259 9.10 0.0050
2016-05-17 2016-03-31 13F/A-2 ECOLAB COM 278865100 10,350 -1,122 -9.78 1,154 -12.04 0.0048
2016-05-12 2016-03-31 13F/A-1 ECOLAB COM 278865100 10,350 0 1,154 0.0047
2016-05-12 2016-03-31 13F ECOLAB COM 278865100 10,350 1,154
2016-02-10 2015-12-31 13F ECOLAB COM 278865100 11,472 3,765 48.85 1,312 55.08 0.0054
2015-11-06 2015-09-30 13F ECOLAB COM 278865100 7,707 1,078 16.26 846 12.80 0.0035
2015-08-14 2015-06-30 13F/A-01 Ecolab COM 278865100 6,629 6,629 0.00 750 0.0028
2015-08-07 2015-06-30 13F Ecolab COM 278865100 6,629 750
2015-05-07 2015-03-31 13F ECOLAB INC COM COM 278865100 0 -1,004,767 -100.00 0 -100.00
2015-02-11 2014-12-31 13F ECOLAB INC COM COM 278865100 1,004,767 642,667 177.48 105,018 152.56 0.3871
2014-10-16 2014-09-30 13F ECOLAB Common Stock 278865100 362,100 -153,874 -29.82 41,581 -27.62 0.3134
2014-08-08 2014-06-30 13F Ecolab Common Stock 278865100 515,974 7,582 1.49 57,451 4.65 0.3896
2014-05-06 2014-03-31 13F Ecolab Common Stock 278865100 508,392 234,802 85.82 54,900 92.45 0.3725
2014-02-12 2013-12-31 13F Ecolab Common Stock 278865100 273,590 -112,995 -29.23 28,527 -25.28 0.2012
2014-03-12 2013-09-30 13F/A-1 ECOLAB INC COM Common Stocks 278865100 386,585 386,585 38,177 0.2739
2013-11-12 2013-09-30 13F ECOLAB INC COM Common Stocks 278865100 386,585 38,177
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.