TON Strategy Co
TONX- Exchange
- Nasdaq
- Industry
- Finance Services
- SEC CIK
- 0001566610
In the last 90 days, TON Strategy Co insiders filed 1 open-market purchase and 2 sales; 40 institutions reported holding it in 13F filings for Q2 2026, worth $86.3M in total; no superinvestor holds it.
13F holders, Q3 2025
Institutional positions in TON Strategy Co as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 47
- +37 vs. Q2 2025
- Shares held
- 17.2M
- +17.1M (+36,134.5%) vs. Q2 2025
- Total value
- $120.8M
- +$120.5M (+37,029.6%) vs. Q2 2025
- New holders
- 39
- 3 more added
- Sold out
- 2
- 2 more reduced
Compare with Q2 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting TONX on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 40 | $86.3M |
| Q1 2026 | 40 | $38.2M |
| Q4 2025 | 51 | $27.2M |
| Q3 2025 | 47 | $120.8M |
| Q2 2025 | 10 | $325.3K |
| Q1 2025 | 5 | $77.3K |
| Q4 2024 | 8 | $224.9K |
| Q3 2024 | 26 | $183.8K |
| Q2 2024 | 25 | $283.4K |
| Q1 2024 | 21 | $116.1K |
| Q4 2023 | 17 | $55.9K |
| Q3 2023 | 16 | $118.3K |
| Q2 2023 | 15 | $253.8K |
| Q1 2023 | 33 | $2.11M |
| Q4 2022 | 32 | $1.34M |
| Q3 2022 | 29 | $3.56M |
| Q2 2022 | 29 | $3.89M |
| Q1 2022 | 31 | $5.69M |
| Q4 2021 | 34 | $8.79M |
| Q3 2021 | 35 | $11.3M |
| Q2 2021 | 33 | $9.88M |
| Q1 2021 | 29 | $5.46M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding TON Strategy Co; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Aristeia Capital LLC | 2,423,476 | $17.1M | 0.52% | +2,423,476 | New |
| TOMS Capital Investment Management LP | 2,318,522 | $16.3M | 1.45% | +2,318,522 | New |
| Ribbit Management Company, LLC | 1,577,287 | $11.1M | 0.53% | +1,577,287 | New |
| Polar Asset Management Partners Inc. | 992,269 | $6.99M | 0.14% | +992,269 | New |
| DRW Securities, LLC | 966,343 | $6.60M | 0.34% | +966,343 | New |
| Yorkville Advisors Global, LP | 900,000 | $6.34M | 2.49% | +900,000 | New |
| Pantera Capital Partners LP | 867,508 | $6.11M | 1.23% | +867,508 | New |
| Vanguard Group Inc | 770,753 | $5.43M | 0.00% | +770,753 | New |
| BlackRock, Inc. | 711,962 | $5.01M | 0.00% | +710,002+36,224.6% | Added |
| One Fin Capital Management LP | 700,000 | $4.93M | 1.73% | +700,000 | New |
| Alyeska Investment Group, L.P. | 679,597 | $4.78M | 0.01% | +679,597 | New |
| Luxor Capital Group, LP | 577,095 | $4.06M | 0.56% | +577,095 | New |
| Geode Capital Management, LLC | 551,031 | $3.88M | 0.00% | +540,617+5,191.3% | Added |
| Verition Fund Management LLC | 538,857 | $3.79M | 0.02% | +538,857 | New |
| Saba Capital Management, L.P. | 488,263 | $3.44M | 0.11% | +488,263 | New |
| Charles Schwab Investment Management Inc | 286,437 | $2.02M | 0.00% | +286,437 | New |
| Maso Capital Partners Ltd | 262,881 | $1.85M | 3.04% | +262,881 | New |
| State Street Corp | 232,880 | $1.64M | 0.00% | +232,880 | New |
| Empyrean Capital Partners, LP | 192,621 | $1.36M | 0.05% | +192,621 | New |
| Meteora Capital, LLC | 183,416 | $1.29M | 0.14% | +183,416 | New |
| Tekne Capital Management, LLC | 157,810 | $1.11M | 0.31% | +157,810 | New |
| Ieq Capital, LLC | 147,476 | $1.04M | 0.00% | +147,476 | New |
| Cable Car Capital LLC | 110,000 | $774.4K | 0.33% | +110,000 | New |
| Northern Trust Corp | 96,337 | $678.2K | 0.00% | +96,337 | New |
| Boothbay Fund Management, LLC | 91,745 | $645.9K | 0.02% | +91,745 | New |
| XTX Topco Ltd | 59,138 | $416.3K | 0.02% | +59,138 | New |
| Summit Trail Advisors, LLC | 56,683 | $399.0K | 0.01% | +56,683 | New |
| Citadel Advisors LLC | 52,405 | $368.9K | 0.00% | +52,405 | New |
| Virtu Financial LLC | 45,319 | $319.0K | 0.02% | +45,319 | New |
| Squarepoint Ops LLC | 22,880 | $161.1K | 0.00% | +22,880 | New |
| Millennium Management LLC | 22,463 | $158.1K | 0.00% | +22,463 | New |
| Capital Investment Advisors, LLC | 21,030 | $148.1K | 0.00% | +21,030 | New |
| Jane Street Group, LLC | 16,017 | $112.8K | 0.00% | +16,017 | New |
| Jefferies Financial Group Inc. | 12,900 | $90.8K | 0.00% | +12,900 | New |
| Bank of America Corp | 12,061 | $84.9K | 0.00% | +12,052+133,911.1% | Added |
| Marex Group plc | 10,000 | $70.4K | 0.00% | +10,000 | New |
| UBS Group AG | 9,336 | $65.7K | 0.00% | −19,172−67.3% | Reduced |
| Group One Trading, L.P. | 8,394 | $59.1K | 0.00% | +8,394 | New |
| Advisor Group Holdings, Inc. | 2,400 | $34.8K | 0.00% | +2,400 | New |
| Simplex Trading, LLC | 4,951 | $34.0K | 0.00% | +4,951 | New |
| Morgan Stanley | 1,830 | $12.9K | 0.00% | +1,830 | New |
| SBI Securities Co., Ltd. | 1,349 | $9.50K | 0.00% | −4,499−76.9% | Reduced |
| Bogart Wealth, LLC | 100 | $704 | 0.00% | +100 | New |
| Global Retirement Partners, LLC | 4 | $28 | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 1 | $8 | 0.00% | 00.0% | Unchanged |
| GWM Advisors LLC | 1 | $7 | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 15 | $0 | 0.00% | +15 | New |
| Tower Research Capital LLC (TRC) | 0 | $0 | 0.00% | −432−100.0% | Sold out |
| Raymond James Financial Inc | 0 | $0 | 0.00% | −247−100.0% | Sold out |