Ecolab Inc.
MX ˙ BMV ˙ US2788651006
SecurityMX:ECL / Ecolab Inc.
InstitutionBallentine Partners, LLC
Latest Disclosed Ownership6,022 shares
Latest Disclosed Value $ 1,601,972
Ballentine Partners, LLC reports 0.30% increase in ownership of ECL / Ecolab Inc.

On May 14, 2026 - Ballentine Partners, LLC filed a 13F-HR form disclosing ownership of 6,022 shares of Ecolab Inc. (MX:ECL) valued at $1,601,972 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 3, 2026 disclosing 6,004 shares of Ecolab Inc.. This represents a change in shares of 0.30% 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)
2026-05-14 2026-03-31 13F ECOLAB COM 278865100 6,022 18 0.30 1,602 1.59 0.0156
2026-02-03 2025-12-31 13F ECOLAB COM 278865100 6,004 -703 -10.48 1,576 -14.16 0.0221
2025-11-03 2025-09-30 13F ECOLAB COM 278865100 6,707 937 16.24 1,837 18.15 0.0255
2025-07-15 2025-06-30 13F ECOLAB COM 278865100 5,770 1,280 28.51 1,555 36.56 0.0234
2025-05-01 2025-03-31 13F ECOLAB COM 278865100 4,490 274 6.50 1,138 15.30 0.0197
2025-01-16 2024-12-31 13F ECOLAB COM 278865100 4,216 69 1.66 988 -6.71 0.0169
2024-10-23 2024-09-30 13F ECOLAB COM 278865100 4,147 44 1.07 1,059 8.40 0.0181
2024-08-06 2024-06-30 13F ECOLAB COM 278865100 4,103 418 11.34 977 14.82 0.0181
2024-04-11 2024-03-31 13F ECOLAB COM 278865100 3,685 -31 -0.83 851 15.33 0.0162
2024-01-23 2023-12-31 13F ECOLAB COM 278865100 3,716 -107 -2.80 737 13.91 0.0150
2023-10-19 2023-09-30 13F ECOLAB COM 278865100 3,823 -683 -15.16 648 -23.07 0.0152
2023-07-26 2023-06-30 13F ECOLAB COM 278865100 4,506 1,032 29.71 841 46.26 0.0193
2023-04-27 2023-03-31 13F ECOLAB COM 278865100 3,474 492 16.50 575 32.49 0.0145
2023-01-27 2022-12-31 13F ECOLAB COM 278865100 2,982 444 17.49 434 18.58 0.0129
2022-10-26 2022-09-30 13F ECOLAB COM 278865100 2,538 -92 -3.50 366 -9.41 0.0127
2022-08-09 2022-06-30 13F ECOLAB COM 278865100 2,630 853 48.00 404 -3.35 0.0143
2022-02-14 2021-12-31 13F ECOLAB COM 278865100 1,777 380 27.20 418 43.64 0.0125
2021-10-27 2021-09-30 13F ECOLAB COM 278865100 1,397 23 1.67 291 2.83 0.0099
2021-08-12 2021-06-30 13F ECOLAB COM 278865100 1,374 -34 -2.41 283 -5.98 0.0098
2021-05-11 2021-03-31 13F ECOLAB COM 278865100 1,408 158 12.64 301 11.48 0.0112
2021-01-25 2020-12-31 13F ECOLAB COM 278865100 1,250 -65 -4.94 270 2.66 0.0107
2020-10-22 2020-09-30 13F ECOLAB COM 278865100 1,315 -182 -12.16 263 -11.74 0.0116
2020-07-31 2020-06-30 13F ECOLAB COM 278865100 1,497 129 9.43 298 39.91 0.0143
2020-04-23 2020-03-31 13F ECOLAB COM 278865100 1,368 79 6.13 213 -14.46 0.0124
2020-01-22 2019-12-31 13F ECOLAB COM 278865100 1,289 42 3.37 249 0.81 0.0113
2019-10-21 2019-09-30 13F ECOLAB COM 278865100 1,247 -16 -1.27 247 -0.80 0.0116
2019-07-25 2019-06-30 13F ECOLAB COM 278865100 1,263 1,263 249 0.0119
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.