§ EQUITY
USDTONX
TON STRATEGY CO
USD
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| ARISTEIA CAPITAL, L.L.C. | 4.9M | 0.3% | +1% |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.3M | 0.0% | n/a |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.3M | 0.0% | n/a |
| Ribbit Management Company, LLC | 1.6M | 0.2% | ±0% |
| Saba Capital Management, L.P. | 791K | 0.1% | −4% |
| DRW Securities, LLC | 789K | 0.0% | −3% |
◇ AC INTELLIGENCE
Top institutional owners for TONX as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER80.7% · 26 holders
PASSIVE / INDEX8.6% · 3 holders
DEALER / BANK6.6% · 8 holders
SYSTEMATIC / QUANT2.1% · 3 holders
TACTICAL / MACRO2.0% · 2 holders
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for TONX in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention TONX yet.