TON Strategy Co (TONX) Ownership

NASDAQ: TONXTop holders, insider trades and short interest.

TONX ownership summary

as of October 18, 2026
Institutions
47.9%
of shares outstanding
Insiders
31.47%
of shares outstanding
Shares outstanding
55.1M
Float
30.3M
shares available to trade
Short interest
7.77%
2.9M shares short
Days to cover
7.09
short interest down 11.9% vs prior month
  • Institutions 47.85%
  • Insiders 31.47%
  • Other investors 20.68%

TONX top institutional holders

20 largest
TON Strategy Co top institutional holders
#Holder% of sharesSharesValueChangeReported
1Kingsway Capital Partners Limited21.96%12.1M$32.4M+12.1M (0.0%)June 30, 2026
2VY Capital Management Co. Ltd11.12%6.1M$16.4M+6.1M (0.0%)June 30, 2026
3Aristeia Capital, LLC8.89%4.9M$13.1M—June 30, 2026
4Vanguard Capital Management, LLC3.97%2.2M$5.9M−102,687 (−4.5%)June 30, 2026
5Ribbit Management Company, LLC2.86%1.6M$4.2M—June 30, 2026
6Long Corridor Asset Management Ltd1.87%1.0M$2.8M+1.0M (0.0%)June 30, 2026
7BlackRock Inc1.55%855K$2.3M+133,955 (+18.6%)June 30, 2026
8UBS Group AG1.45%799K$2.1M+112,137 (+16.3%)June 30, 2026
9DRW Securities, LLC1.43%789K$2.1M—June 30, 2026
10Saba Capital Management, LP1.30%717K$1.9M−73,941 (−9.3%)June 30, 2026
11Geode Capital Management, LLC0.98%538K$1.4M−42,100 (−7.3%)June 30, 2026
12Arrington Capital Management, LLC0.69%379K$1.0M—June 30, 2026
13Vanguard Fiduciary Trust Co0.52%287K$768,104−12,213 (−4.1%)June 30, 2026
14Jane Street Group LLC0.42%232K$620,490+231,526 (0.0%)June 30, 2026
15Charles Schwab Investment Management Inc0.42%230K$615,376−41,179 (−15.2%)June 30, 2026
16State Street Corp0.39%212K$568,980−1,150 (−0.5%)June 30, 2026
17The Goldman Sachs Group Inc0.37%202K$541,548+20,302 (+11.2%)June 30, 2026
18Yorkville Advisors Global, LP0.29%160K$428,800−440,000 (−73.3%)June 30, 2026
19Summit Trail Advisors, LLC0.26%145K$388,512+78,002 (+116.5%)June 30, 2026
20Northern Trust Corp0.19%103K$275,150−2,000 (−1.9%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 8 holders added 19.8M shares and 8 cut 715K.

TONX top mutual fund and ETF holders

15 largest
TON Strategy Co top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest2.93%1.6M$4.3M—August 31, 2026
2Fidelity Extended Market Index0.44%243K$651,580−1,307 (−0.5%)August 31, 2026
3Schwab US Small-Cap ETF™0.36%198K$529,388+126 (+0.1%)September 30, 2026
4iShares Micro-Cap ETF0.23%126K$338,765−872 (−0.7%)September 30, 2026
5Fidelity Total Market Index0.17%92K$245,794—August 31, 2026
6Fidelity Series Total Market Index0.13%71K$190,446—August 31, 2026
7Avantis US Small Cap Equity ETF0.10%53K$141,252—September 30, 2026
8Schwab Total Stock Market Index0.07%40K$107,200—August 31, 2026
9Vanguard Balanced Index Inv0.05%30K$81,024—August 31, 2026
10Vanguard MStar Inst Ttl StkMktIdxInstlPl0.05%30K$80,965—August 31, 2026
11Vanguard U.S. Eq Idx £ Acc0.04%21K$56,253—August 31, 2026
12Fidelity Nasdaq Composite Index0.02%12K$31,251−27,515 (−70.2%)August 31, 2026
131290 VT Micro Cap K0.02%9,014$24,158—August 31, 2026
14Victory Extended Market Index0.01%4,699$12,593−287 (−5.8%)June 30, 2026
15State Street Balanced Index K<0.01%423$1,134—August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

TONX shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns TONX

Institutional investors own 47.9% of TON Strategy's shares and insiders 31.47%. The largest holder is Kingsway Capital Partners Limited with 21.96% of the shares (12.1M), as of June 30, 2026. Among the top 20 institutions, 8 added shares and 8 reduced their stake in the latest filings. Short interest is 7.77% of the float, or 7.09 days of average trading volume. The share count rose 27,905.0% since 2014.

Related: TONX analyst forecast, TONX key metrics. See the TONX stock overview for the latest quote and news.

TONX ownership FAQ

Who owns the most TON Strategy stock?

The largest shareholders of TON Strategy are Kingsway Capital Partners Limited (21.96%), VY Capital Management Co. Ltd (11.12%), Aristeia Capital, LLC (8.89%), Vanguard Capital Management, LLC (3.97%), Ribbit Management Company, LLC (2.86%).

What percentage of TON Strategy is owned by institutions?

Institutions hold 47.9% of TON Strategy's shares outstanding; insiders hold 31.47%.

Which funds own TON Strategy?

The largest fund holders of TON Strategy are Vanguard MStar Total Stk Mkt Idx Invest (2.93%), Fidelity Extended Market Index (0.44%), Schwab US Small-Cap ETF™ (0.36%), iShares Micro-Cap ETF (0.23%), Fidelity Total Market Index (0.17%).

What is TON Strategy's short interest?

2.9M shares of TON Strategy were sold short, 7.77% of the float; at the average daily volume it would take 7.09 days to cover.

How many shares of TON Strategy are outstanding?

TON Strategy has 55.1M shares outstanding, of which 30.3M are in the public float.

Software - Application: ownership