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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, Q1 2026

Institutional positions in TON Strategy Co as of Mar 31, 2026. 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
40
−9 vs. Q4 2025
Shares held
15.5M
+2.56M (+19.8%) vs. Q4 2025
Total value
$38.2M
+$12.5M (+48.7%) vs. Q4 2025
New holders
11
8 more added
Sold out
20
12 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 40 institutions
Q1 2021: 29 institutionsQ2 2021: 33 institutionsQ3 2021: 35 institutionsQ4 2021: 34 institutionsQ1 2022: 31 institutionsQ2 2022: 29 institutionsQ3 2022: 29 institutionsQ4 2022: 32 institutionsQ1 2023: 33 institutionsQ2 2023: 15 institutionsQ3 2023: 16 institutionsQ4 2023: 17 institutionsQ1 2024: 21 institutionsQ2 2024: 25 institutionsQ3 2024: 26 institutionsQ4 2024: 8 institutionsQ1 2025: 5 institutionsQ2 2025: 10 institutionsQ3 2025: 47 institutionsQ4 2025: 51 institutionsQ1 2026: 40 institutionsQ2 2026: 40 institutions
Value heldQ1 2026: $38.2M
Q1 2021: $5.46MQ2 2021: $9.88MQ3 2021: $11.3MQ4 2021: $8.79MQ1 2022: $5.69MQ2 2022: $3.89MQ3 2022: $3.56MQ4 2022: $1.34MQ1 2023: $2.11MQ2 2023: $253.8KQ3 2023: $118.3KQ4 2023: $55.9KQ1 2024: $116.1KQ2 2024: $283.4KQ3 2024: $183.8KQ4 2024: $224.9KQ1 2025: $77.3KQ2 2025: $325.3KQ3 2025: $120.8MQ4 2025: $27.2MQ1 2026: $38.2MQ2 2026: $86.3M
Institutions holding TONX and their total value by quarter
QuarterHoldersValue
Q2 202640$86.3M
Q1 202640$38.2M
Q4 202551$27.2M
Q3 202547$120.8M
Q2 202510$325.3K
Q1 20255$77.3K
Q4 20248$224.9K
Q3 202426$183.8K
Q2 202425$283.4K
Q1 202421$116.1K
Q4 202317$55.9K
Q3 202316$118.3K
Q2 202315$253.8K
Q1 202333$2.11M
Q4 202232$1.34M
Q3 202229$3.56M
Q2 202229$3.89M
Q1 202231$5.69M
Q4 202134$8.79M
Q3 202135$11.3M
Q2 202133$9.88M
Q1 202129$5.46M

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding TON Strategy Co; share changes are against Q4 2025.

Institutions holding TONX in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Aristeia Capital LLC4,895,110$12.1M0.28%+45,747+0.9%Added
Vanguard Capital Management LLC2,287,988$5.65M0.00%+2,287,988New
Ribbit Management Company, LLC1,577,287$3.90M0.23%00.0%Unchanged
Saba Capital Management, L.P.791,268$1.95M0.06%−36,727−4.4%Reduced
DRW Securities, LLC788,644$1.95M0.11%−21,503−2.7%Reduced
BlackRock, Inc.720,883$1.78M0.00%−11,199−1.5%Reduced
UBS Group AG686,441$1.70M0.00%+609,498+792.1%Added
Yorkville Advisors Global, LP600,000$1.48M1.01%00.0%Unchanged
Geode Capital Management, LLC580,526$1.43M0.00%+26,752+4.8%Added
Arrington Capital Management, LLC378,549$935.0K1.06%00.0%Unchanged
Vanguard Fiduciary Trust Co298,819$738.1K0.00%+298,819New
Charles Schwab Investment Management Inc270,797$668.9K0.00%+41,760+18.2%Added
Millennium Management LLC217,125$536.3K0.00%−9,547−4.2%Reduced
State Street Corp213,456$527.2K0.00%00.0%Unchanged
Susquehanna International Group, LLP200,695$495.7K0.00%+200,695New
Marshall Wace, LLP182,551$450.9K0.00%−128,882−41.4%Reduced
Goldman Sachs Group Inc181,768$449.0K0.00%+76,251+72.3%Added
Ieq Capital, LLC126,446$312.3K0.00%−21,030−14.3%Reduced
Northern Trust Corp104,668$258.5K0.00%+7,905+8.2%Added
Summit Trail Advisors, LLC66,965$165.4K0.00%+30,875+85.6%Added
ParaFi Capital LP50,380$124.4K0.04%+50,380New
Brevan Howard Capital Management LP39,228$96.9K0.00%+39,228New
Omers Administration Corp35,600$87.9K0.00%−67,200−65.4%Reduced
Two Sigma Investments, LP31,299$77.3K0.00%−39,638−55.9%Reduced
Capital Investment Advisors, LLC21,030$51.9K0.00%00.0%Unchanged
Vanguard Global Advisers, LLC20,990$51.8K0.00%+20,990New
Schonfeld Strategic Advisors LLC19,399$47.9K0.00%−32,107−62.3%Reduced
Catalyst Funds Management Pty Ltd18,300$45.2K0.01%+18,300New
Squarepoint Ops LLC12,694$31.4K0.00%+12,694New
Virtu Financial LLC11,083$27.0K0.00%+11,083New
GTS Securities LLC10,019$24.7K0.00%−9,987−49.9%Reduced
Simplex Trading, LLC4,229$10.4K0.00%−3,539−45.6%Reduced
Morgan Stanley3,612$8.92K0.00%−486−11.9%Reduced
Advisor Group Holdings, Inc.2,400$5.93K0.00%00.0%Unchanged
SBI Securities Co., Ltd.1,352$3.34K0.00%+224+19.9%Added
International Assets Investment Management, LLC725$1.72K0.00%00.0%Unchanged
Barclays PLC628$1.55K0.00%+628New
Citigroup Inc179$4420.00%+179New
Bogart Wealth, LLC100$2470.00%00.0%Unchanged
Allworth Financial LP1$30.00%00.0%Unchanged
Cable Car Capital LLC0$00.00%−110,000−100.0%Sold out
Renaissance Technologies LLC0$00.00%−109,400−100.0%Sold out
Verition Fund Management LLC0$00.00%−93,396−100.0%Sold out
Meteora Capital, LLC0$00.00%−87,716−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−72,013−100.0%Sold out
Jane Street Group, LLC0$00.00%−59,644−100.0%Sold out
Aristides Capital LLC0$00.00%−46,900−100.0%Sold out
Luxor Capital Group, LP0$00.00%−45,510−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−43,682−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−28,238−100.0%Sold out
Quadrature Capital Ltd0$00.00%−27,849−100.0%Sold out
Pantera Capital Partners LP0$00.00%−27,051−100.0%Sold out
Jump Financial, LLC0$00.00%−22,711−100.0%Sold out
Group One Trading, L.P.0$00.00%−21,551−100.0%Sold out
Marex Group plc0$00.00%−20,000−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−12,255−100.0%Sold out
Brooklands Fund Management Ltd0$00.00%−4,000−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−4,796−100.0%Sold out
Bank of America Corp0$00.00%−2,735−100.0%Sold out
Flagship Harbor Advisors, LLC0$00.00%−2−100.0%Sold out
Vanguard Group Inc––––Not filed
Global Retirement Partners, LLC––––Not filed