Ecolab Inc.
MX ˙ BMV ˙ US2788651006
SecurityMX:ECL / Ecolab Inc.
InstitutionLiberty Capital Management, Inc.
Latest Disclosed Ownership22,936 shares
Latest Disclosed Value $ 6,021,159
Liberty Capital Management, Inc. reports 3.09% increase in ownership of ECL / Ecolab Inc.

On January 26, 2026 - Liberty Capital Management, Inc. filed a 13F-HR form disclosing ownership of 22,936 shares of Ecolab Inc. (MX:ECL) valued at $6,021,159 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 6, 2025 disclosing 22,249 shares of Ecolab Inc.. This represents a change in shares of 3.09% 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)
2026-01-26 2025-12-31 13F ECOLAB COM 278865100 22,936 687 3.09 6,021 -1.18 1.1212
2025-11-06 2025-09-30 13F ECOLAB COM 278865100 22,249 11 0.05 6,093 1.70 1.1468
2025-07-18 2025-06-30 13F ECOLAB COM 278865100 22,238 114 0.52 5,992 6.83 1.2089
2025-04-16 2025-03-31 13F ECOLAB COM 278865100 22,124 114 0.52 5,609 8.75 1.2486
2025-01-28 2024-12-31 13F ECOLAB COM 278865100 22,010 121 0.55 5,157 -7.71 1.1442
2024-10-22 2024-09-30 13F ECOLAB COM 278865100 21,889 41 0.19 5,589 7.48 1.2366
2024-07-29 2024-06-30 13F ECOLAB COM 278865100 21,848 -91 -0.41 5,200 2.65 1.2334
2024-04-11 2024-03-31 13F ECOLAB COM 278865100 21,939 -3 -0.01 5,066 16.38 1.2485
2024-01-24 2023-12-31 13F ECOLAB COM 278865100 21,942 -451 -2.01 4,352 14.74 1.1421
2023-10-18 2023-09-30 13F ECOLAB COM 278865100 22,393 1,582 7.60 3,793 -2.37 1.1202
2023-07-25 2023-06-30 13F ECOLAB COM 278865100 20,811 245 1.19 3,885 14.13 1.1648
2023-04-11 2023-03-31 13F ECOLAB COM 278865100 20,566 -74 -0.36 3,404 13.32 1.1199
2023-01-23 2022-12-31 13F ECOLAB COM 278865100 20,640 -692 -3.24 3,004 -2.50 1.0418
2022-11-09 2022-09-30 13F/A-1 ECOLAB COM 278865100 21,332 19 0.09 3,081 -5.98 1.1532
2022-07-25 2022-06-30 13F ECOLAB COM 278865100 21,313 -1,003 -4.49 3,277 -16.83 1.1658
2022-05-04 2022-03-31 13F ECOLAB COM 278865100 22,316 -112 -0.50 3,940 -25.11 1.1509
2022-02-14 2021-12-31 13F ECOLAB COM 278865100 22,428 -1,406 -5.90 5,261 5.81 1.4197
2021-10-22 2021-09-30 13F ECOLAB COM 278865100 23,834 400 1.71 4,972 3.00 1.4650
2021-07-16 2021-06-30 13F ECOLAB COM 278865100 23,434 -178 -0.75 4,827 -4.51 1.4675
2021-04-19 2021-03-31 13F ECOLAB COM 278865100 23,612 35 0.15 5,055 -0.90 1.7451
2021-01-20 2020-12-31 13F ECOLAB COM 278865100 23,577 901 3.97 5,101 13.08 1.8479
2020-07-22 2020-06-30 13F ECOLAB COM 278865100 22,676 -486 -2.10 4,511 24.99 1.9551
2020-04-13 2020-03-31 13F ECOLAB COM 278865100 23,162 -102 -0.44 3,609 -19.62 1.8834
2020-01-21 2019-12-31 13F ECOLAB COM 278865100 23,264 -28 -0.12 4,490 -2.67 1.8478
2019-10-15 2019-09-30 13F ECOLAB COM 278865100 23,292 -25 -0.11 4,613 0.20 2.0330
2019-07-15 2019-06-30 13F ECOLAB COM 278865100 23,317 -183 -0.78 4,604 10.97 2.0659
2019-04-22 2019-03-31 13F ECOLAB COM 278865100 23,500 -8 -0.03 4,149 19.77 2.0915
2019-01-24 2018-12-31 13F ECOLAB COM 278865100 23,508 -37 -0.16 3,464 -6.15 2.1295
2018-10-26 2018-09-30 13F ECOLAB COM 278865100 23,545 460 1.99 3,691 13.92 1.9275
2018-07-17 2018-06-30 13F ECOLAB COM 278865100 23,085 -199 -0.85 3,240 1.50 1.8947
2018-04-25 2018-03-31 13F ECOLAB COM 278865100 23,284 -310 -1.31 3,192 -1.72 1.9303
2018-01-16 2017-12-31 13F ECOLAB INC COM Stock 278865100 23,594 -320 -1.34 3,248 2.30 1.7179
2017-10-25 2017-09-30 13F ECOLAB INC COM Stock 278865100 23,914 -242 -1.00 3,175 -0.35 1.7402
2017-07-13 2017-06-30 13F ECOLAB INC COM Stock 278865100 24,156 400 1.68 3,186 6.98 1.9316
2017-04-04 2017-03-31 13F ECOLAB INC COM Stock 278865100 23,756 -631 -2.59 2,978 2.62 1.7913
2017-01-20 2016-12-31 13F ECOLAB INC COM Stock 278865100 24,387 -300 -1.22 2,902 -2.12 1.8807
2016-10-06 2016-09-30 13F ECOLAB INC COM Stock 278865100 24,687 126 0.51 2,965 1.79 1.9293
2016-08-15 2016-06-30 13F ECOLAB INC COM COM 278865100 24,561 1,651 7.21 2,913 14.01 1.9675
2016-04-26 2016-03-31 13F ECOLAB INC COM COM 278865100 22,910 -305 -1.31 2,555 -3.77 1.9166
2016-01-25 2015-12-31 13F ECOLAB INC COM COM 278865100 23,215 -260 -1.11 2,655 3.07 2.0039
2015-10-06 2015-09-30 13F ECOLAB INC COM COM 278865100 23,475 -1,020 -4.16 2,576 -7.00 2.0281
2015-07-16 2015-06-30 13F ECOLAB INC COM COM 278865100 24,495 -30 -0.12 2,770 -1.25 1.8606
2015-04-22 2015-03-31 13F ECOLAB INC COM COM 278865100 24,525 -385 -1.55 2,805 7.72 1.8729
2015-01-07 2014-12-31 13F ECOLAB INC COM COM 278865100 24,910 75 0.30 2,604 -8.70 1.8097
2014-10-09 2014-09-30 13F ECOLAB INC COM COM 278865100 24,835 -200 -0.80 2,852 2.33 2.0696
2014-07-16 2014-06-30 13F ECOLAB INC COM COM 278865100 25,035 -1,130 -4.32 2,787 -1.38 1.9703
2014-04-10 2014-03-31 13F ECOLAB INC COM COM 278865100 26,165 -235 -0.89 2,826 2.65 2.0773
2014-01-14 2013-12-31 13F ECOLAB INC COM COM 278865100 26,400 -35 -0.13 2,753 5.44 1.9676
2013-10-10 2013-09-30 13F ECOLAB INC COM COM 278865100 26,435 -410 -1.53 2,611 14.17 2.0688
2013-07-15 2013-06-30 13F ECOLAB INC COM COM 278865100 26,845 26,845 2,287 1.9683
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.