Who Owns TON Strategy Co. (TONX)?Hedge Fund & Institutional Holders

$3.32+0.24 (+7.79%)Financial ServicesNASDAQ

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$9.650313816471195e+84T

% of Float Held

QoQ Change in Holders

+15 / -7

Price History

$1.80$4.44$7.08$9.72$12.36Sep 25Dec 25Mar 26

TONX — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
Arrington Capital Management, LLCNew Position+379K+$753K
Schonfeld Strategic Advisors LLCNew Position+52K+$102K
Capital Investment Advisors, LLCNew Position+21K+$41K
Brooklands Fund Management LtdNew Position+4K+$10K
SBI Securities Co., Ltd.New Position+1K+$2K
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLCNew Position+725+$1K
RENAISSANCE TECHNOLOGIES LLCNew Position+109K+$0
OMERS ADMINISTRATION CorpNew Position+103K+$0
TWO SIGMA INVESTMENTS, LPNew Position+71K+$0
MARSHALL WACE, LLPNew Position+311K+$0
GSA CAPITAL PARTNERS LLPNew Position+28K+$0
GTS SECURITIES LLCNew Position+20K+$0
Tower Research Capital LLC (TRC)New Position+5K+$0
Aristides Capital LLCNew Position+47K+$0
Quadrature Capital LtdNew Position+28K+$0

TONX — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
TOMS Capital Investment Management LPClosed Position-2.3M-$16.3B
Polar Asset Management Partners Inc.Closed Position-992K-$7.0B
DRW Securities, LLCDecreased-156K-$6.6B
Yorkville Advisors Global, LPDecreased-300K-$6.3B
Pantera Capital Partners LPDecreased-840K-$6.1B
One Fin Capital Management LPClosed Position-700K-$4.9B
Alyeska Investment Group, L.P.Closed Position-680K-$4.8B
Luxor Capital Group, LPDecreased-532K-$4.1B
Verition Fund Management LLCDecreased-445K-$3.8B
CHARLES SCHWAB INVESTMENT MANAGEMENT INCDecreased-57K-$2.0B
MASO CAPITAL PARTNERS LtdClosed Position-263K-$1.9B
STATE STREET CORPDecreased-19K-$1.6B
Empyrean Capital Partners, LPClosed Position-193K-$1.4B
METEORA CAPITAL, LLCDecreased-96K-$1.3B
Tekne Capital Management, LLCClosed Position-158K-$1.1B

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1ARISTEIA CAPITAL, L.L.C.4,849,363$9.7M0.21%Share
2Ribbit Management Company, LLC1,577,287$3.1M0.16%Share
3Saba Capital Management, L.P.827,995$1.6M0.05%Share
4Yorkville Advisors Global, LP600,000$1.2M0.75%Share
5VANGUARD GROUP INC511,344$1.0M0.00%Share
6BlackRock, Inc.711,962$1.0M0.00%Share
7DRW Securities, LLC810,147$1.0M0.03%Share
8Arrington Capital Management, LLC378,549$753K0.71%Share
9VANGUARD GROUP INC238,419$474K0.00%Share
10Cable Car Capital, LP110,000$218K0.01%Share
11METEORA CAPITAL, LLC87,716$174K0.01%Share
12GROUP ONE TRADING LLC80,600$160K0.00%Call
13UBS Group AG69,298$137K0.00%Share
14GROUP ONE TRADING LLC58,300$116K0.00%Put
15Schonfeld Strategic Advisors LLC51,506$102K0.00%Share
16Luxor Capital Group, LP45,510$90K0.01%Share
17Pantera Capital Partners LP27,051$53K0.02%Share
18GROUP ONE TRADING LLC21,551$42K0.00%Share
19VANGUARD GROUP INC20,990$41K0.00%Share
20Capital Investment Advisors, LLC21,030$41K0.00%Share
21UBS Group AG7,645$15K0.00%Share
22Brooklands Fund Management Ltd4,000$10K0.00%Share
23SBI Securities Co., Ltd.1,128$2K0.00%Share
24INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC725$1K0.00%Share
25MILLENNIUM MANAGEMENT LLC226,672$00.00%Share
26CITADEL ADVISORS LLC138,900$00.00%Call
27CITADEL ADVISORS LLC154,800$00.00%Put
28SUSQUEHANNA INTERNATIONAL GROUP, LLP30,700$00.00%Put
29SUSQUEHANNA INTERNATIONAL GROUP, LLP10,000$00.00%Call
30Tower Research Capital LLC (TRC)4,696$00.00%Share
31Tower Research Capital LLC (TRC)100$00.00%Share
32BOOTHBAY FUND MANAGEMENT, LLC43,682$00.00%Share
33BANK OF AMERICA CORP /DE/2,688$00.00%Share
34BANK OF AMERICA CORP /DE/47$00.00%Share
35NORTHERN TRUST CORP96,763$00.00%Share
36OMERS ADMINISTRATION Corp102,800$00.00%Share
37Bogart Wealth, LLC100$00.00%Share
38Verition Fund Management LLC93,396$00.00%Share
39IEQ CAPITAL, LLC147,476$00.00%Share
40GSA CAPITAL PARTNERS LLP28,238$00.00%Share
41Global Retirement Partners, LLC4$00.00%Share
42MORGAN STANLEY4,098$00.00%Share
43BlackRock, Inc.20,120$00.00%Share
44Quadrature Capital Ltd27,849$00.00%Share
45Aristides Capital LLC46,900$00.00%Share
46Allworth Financial LP1$00.00%Share
47GTS SECURITIES LLC20,006$00.00%Share
48FLAGSHIP HARBOR ADVISORS, LLC2$00.00%Share
49OSAIC HOLDINGS, INC.2,400$00.00%Share
50Summit Trail Advisors, LLC36,090$00.00%Share

TONX Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 202551$20.8M+8
Q3 202543$120.3B+32
Q2 202511$325.3M+6
Q1 20255$77.3M-3
Q4 20248$179.6M

Similar Stocks by Institutional Ownership

As of Q4 2025, 50 institutional investors hold TONX (TON Strategy Co.). The largest holder is ARISTEIA CAPITAL, L.L.C. with $9.7M in shares. This quarter, 15 institutions opened new positions and 7 closed their positions.

Frequently Asked Questions

How many hedge funds own TONX?

As of Q4 2025, 50 institutional investors report holding TONX (TON Strategy Co.) in their 13F filings.

Who is the largest institutional holder of TONX?

The largest institutional holder of TONX is ARISTEIA CAPITAL, L.L.C. with $9.7M in shares.

Is institutional ownership of TONX increasing or decreasing?

This quarter, 15 institutions opened new positions in TONX and 7 closed their positions.