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.
Q4 2025 vs. Q3 2025
How the institutions holding TON Strategy Co changed between Q3 2025 and Q4 2025.
All holders in Q4 2025All holders in Q3 2025
| Measure | Q3 2025 | Of which not filed for Q4 2025 | Q4 2025 | Change |
|---|---|---|---|---|
| Holders | 47 | 1 | 51 | +5 |
| Shares | 17.2M | 262.9K | 13.7M | −3.26M (−19.2%) |
| Value | $120.8M | $1.85M | $27.2M | −$91.7M (−77.1%) |
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.
New holders (17)
Institutions that held TON Strategy Co at the end of Q4 2025 but not at the end of Q3 2025.
| Institution | Shares | Value | % of portfolio |
|---|---|---|---|
| Arrington Capital Management, LLC | 378,549 | $753.3K | 0.83% |
| Marshall Wace, LLP | 311,433 | $619.8K | 0.00% |
| Renaissance Technologies LLC | 109,400 | $217.7K | 0.00% |
| Goldman Sachs Group Inc | 105,517 | $210.0K | 0.00% |
| Omers Administration Corp | 102,800 | $204.6K | 0.00% |
| ExodusPoint Capital Management, LP | 72,013 | $143.3K | 0.00% |
| Two Sigma Investments, LP | 70,937 | $141.2K | 0.00% |
| Schonfeld Strategic Advisors LLC | 51,506 | $102.5K | 0.00% |
| Aristides Capital LLC | 46,900 | $93.3K | 0.03% |
| Gsa Capital Partners LLP | 28,238 | $56.0K | 0.00% |
| Quadrature Capital Ltd | 27,849 | $55.4K | 0.00% |
| Jump Financial, LLC | 22,711 | $45.2K | 0.00% |
| GTS Securities LLC | 20,006 | $39.8K | 0.00% |
| Brooklands Fund Management Ltd | 4,000 | $10.4K | 0.01% |
| Tower Research Capital LLC (TRC) | 4,796 | $9.54K | 0.00% |
| International Assets Investment Management, LLC | 725 | $1.44K | 0.00% |
| Flagship Harbor Advisors, LLC | 2 | $4 | 0.00% |
Sold out (12)
Institutions that held TON Strategy Co at the end of Q3 2025 and filed for Q4 2025 without it.
| Institution | Shares, Q3 2025 | Value, Q3 2025 |
|---|---|---|
| TOMS Capital Investment Management LP | 2,318,522 | $16.3M |
| Polar Asset Management Partners Inc. | 992,269 | $6.99M |
| One Fin Capital Management LP | 700,000 | $4.93M |
| Alyeska Investment Group, L.P. | 679,597 | $4.78M |
| Empyrean Capital Partners, LP | 192,621 | $1.36M |
| Tekne Capital Management, LLC | 157,810 | $1.11M |
| XTX Topco Ltd | 59,138 | $416.3K |
| Citadel Advisors LLC | 52,405 | $368.9K |
| Virtu Financial LLC | 45,319 | $319.0K |
| Squarepoint Ops LLC | 22,880 | $161.1K |
| GWM Advisors LLC | 1 | $7 |
| Royal Bank of Canada | 15 | $0 |
Not filed for Q4 2025 yet (1)
Institutions that held TON Strategy Co at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.
| Institution | Shares, Q3 2025 | Value, Q3 2025 |
|---|---|---|
| Maso Capital Partners Ltd | 262,881 | $1.85M |