Who Owns TON Strategy Co. (TONX)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$9.650000164700012e+129T
% of Float Held
—
QoQ Change in Holders
+13 / -7
Price History
TONX — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| UBS Group AG | Increased | +68K | +$86.3M |
| Capital Investment Advisors, LLC | New Position | +21K | +$41.0M |
| SBI Securities Co., Ltd. | New Position | +1K | +$2.0M |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | New Position | +725 | +$1.0M |
| Arrington Capital Management, LLC | New Position | +379K | +$753K |
| Schonfeld Strategic Advisors LLC | New Position | +52K | +$102K |
| Brooklands Fund Management Ltd | New Position | +4K | +$10K |
| RENAISSANCE TECHNOLOGIES LLC | New Position | +109K | +$0 |
| OMERS ADMINISTRATION Corp | New Position | +103K | +$0 |
| TWO SIGMA INVESTMENTS, LP | New Position | +71K | +$0 |
| MARSHALL WACE, LLP | New Position | +311K | +$0 |
| GSA CAPITAL PARTNERS LLP | New Position | +28K | +$0 |
| GTS SECURITIES LLC | New Position | +20K | +$0 |
| SIMPLEX TRADING, LLC | Increased | +3K | +$0 |
| Tower Research Capital LLC (TRC) | New Position | +5K | +$0 |
TONX — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| TOMS Capital Investment Management LP | Closed Position | -2.3M | -$16.3B |
| Polar Asset Management Partners Inc. | Closed Position | -992K | -$7.0B |
| Pantera Capital Partners LP | Decreased | -840K | -$6.1B |
| DRW Securities, LLC | Decreased | -156K | -$5.6B |
| Yorkville Advisors Global, LP | Decreased | -300K | -$5.1B |
| One Fin Capital Management LP | Closed Position | -700K | -$4.9B |
| Alyeska Investment Group, L.P. | Closed Position | -680K | -$4.8B |
| Luxor Capital Group, LP | Decreased | -532K | -$4.0B |
| Verition Fund Management LLC | Decreased | -445K | -$3.8B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Decreased | -57K | -$2.0B |
| MASO CAPITAL PARTNERS Ltd | Closed Position | -263K | -$1.9B |
| Empyrean Capital Partners, LP | Closed Position | -193K | -$1.4B |
| METEORA CAPITAL, LLC | Decreased | -96K | -$1.1B |
| BOOTHBAY FUND MANAGEMENT, LLC | Decreased | -48K | -$645.9M |
| XTX Topco Ltd | Closed Position | -59K | -$416.3M |
Top Institutional Holders(Q4 2025)
TONX Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 51 | $14.3B | +8 |
| Q3 2025 | 43 | $92.0B | +32 |
| Q2 2025 | 11 | $240.4M | +6 |
| Q1 2025 | 5 | $77.3M | -3 |
| Q4 2024 | 8 | $166.7M | — |
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 $9.7B in shares. This quarter, 13 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 $9.7B in shares.
Is institutional ownership of TONX increasing or decreasing?
This quarter, 13 institutions opened new positions in TONX and 7 closed their positions.