CUSIP 92337U302
TON STRATEGY CO
68 institutions · $70.7M total · 19,649,767 shares · TONX
| # | Manager | Shares | Value | % of Total | Period |
|---|---|---|---|---|---|
| 1 | TOMS Capital Investment Management LP | 2,318,522 | $16.3M | 11.79% | 2025-09-30 |
| 2 | ARISTEIA CAPITAL, L.L.C. | 4,849,363 | $9.7M | 24.67% | 2025-12-31 |
| 3 | Polar Asset Management Partners Inc. | 992,269 | $7.0M | 5.04% | 2025-12-31 |
| 4 | Pantera Capital Partners LP | 867,508 | $6.1M | 4.41% | 2025-12-31 |
| 5 | One Fin Capital Management LP | 700,000 | $4.9M | 3.56% | 2025-09-30 |
| 6 | Alyeska Investment Group, L.P. | 679,597 | $4.8M | 3.45% | 2025-09-30 |
| 7 | Ribbit Management Company, LLC | 1,577,287 | $3.1M | 8.02% | 2025-12-31 |
| 8 | MASO CAPITAL PARTNERS Ltd | 262,881 | $1.9M | 1.33% | 2025-09-30 |
| 9 | Saba Capital Management, L.P. | 827,995 | $1.6M | 4.21% | 2025-12-31 |
| 10 | DRW Securities, LLC | 810,147 | $1.6M | 4.12% | 2025-12-31 |
| 11 | BlackRock, Inc. | 711,962 | $1.4M | 3.62% | 2025-12-31 |
| 12 | Empyrean Capital Partners, LP | 192,621 | $1.4M | 0.98% | 2025-09-30 |
| 13 | Yorkville Advisors Global, LP | 600,000 | $1.2M | 3.05% | 2025-12-31 |
| 14 | Tekne Capital Management, LLC | 157,810 | $1.1M | 0.80% | 2025-09-30 |
| 15 | VANGUARD GROUP INC | 511,344 | $1.0M | 2.60% | 2025-12-31 |
| 16 | GEODE CAPITAL MANAGEMENT, LLC | 454,073 | $904.1K | 2.31% | 2025-12-31 |
| 17 | Arrington Capital Management, LLC | 378,549 | $753.3K | 1.92% | 2025-12-31 |
| 18 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 229,037 | $455.8K | 1.16% | 2025-12-31 |
| 19 | MILLENNIUM MANAGEMENT LLC | 226,672 | $451.1K | 1.15% | 2025-12-31 |
| 20 | STATE STREET CORP | 213,456 | $424.8K | 1.08% | 2025-12-31 |
| 21 | MARSHALL WACE, LLP | 212,569 | $423.0K | 1.08% | 2025-12-31 |
| 22 | XTX Topco Ltd | 59,138 | $416.3K | 0.30% | 2025-09-30 |
| 23 | CITADEL ADVISORS LLC | 154,800 | $308.1K | 0.78% | 2025-12-31 |
| 24 | IEQ CAPITAL, LLC | 147,476 | $293.5K | 0.75% | 2025-12-31 |
| 25 | Cable Car Capital, LP | 110,000 | $218.9K | 0.55% | 2025-12-31 |
| 26 | RENAISSANCE TECHNOLOGIES LLC | 109,400 | $217.7K | 0.55% | 2025-12-31 |
| 27 | GOLDMAN SACHS GROUP INC | 105,517 | $210.0K | 0.53% | 2025-12-31 |
| 28 | OMERS ADMINISTRATION Corp | 102,800 | $204.6K | 0.52% | 2025-12-31 |
| 29 | NORTHERN TRUST CORP | 96,763 | $192.6K | 0.49% | 2025-12-31 |
| 30 | Verition Fund Management LLC | 93,396 | $185.9K | 0.47% | 2025-12-31 |
| 31 | METEORA CAPITAL, LLC | 87,716 | $174.6K | 0.44% | 2025-12-31 |
| 32 | Squarepoint Ops LLC | 22,880 | $161.1K | 0.11% | 2025-09-30 |
| 33 | ExodusPoint Capital Management, LP | 72,013 | $143.3K | 0.36% | 2025-12-31 |
| 34 | TWO SIGMA INVESTMENTS, LP | 70,937 | $141.2K | 0.36% | 2025-12-31 |
| 35 | UBS Group AG | 69,298 | $137.9K | 0.35% | 2025-12-31 |
| 36 | WOLVERINE TRADING, LLC | 18,200 | $125.6K | 0.09% | 2025-09-30 |
| 37 | Schonfeld Strategic Advisors LLC | 51,506 | $102.5K | 0.26% | 2025-12-31 |
| 38 | JANE STREET GROUP, LLC | 47,274 | $94.1K | 0.24% | 2025-12-31 |
| 39 | Aristides Capital LLC | 46,900 | $93.3K | 0.23% | 2025-12-31 |
| 40 | Luxor Capital Group, LP | 45,510 | $90.6K | 0.23% | 2025-12-31 |
| 41 | BOOTHBAY FUND MANAGEMENT, LLC | 43,682 | $86.9K | 0.22% | 2025-12-31 |
| 42 | BANK OF AMERICA CORP /DE/ | 11,665 | $82.1K | 0.05% | 2025-12-31 |
| 43 | Summit Trail Advisors, LLC | 36,090 | $71.8K | 0.18% | 2025-12-31 |
| 44 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 30,700 | $61.1K | 0.15% | 2025-12-31 |
| 45 | Quadrature Capital Ltd | 27,849 | $55.4K | 0.14% | 2025-12-31 |
| 46 | GROUP ONE TRADING LLC | 21,551 | $42.9K | 0.10% | 2025-12-31 |
| 47 | Capital Investment Advisors, LLC | 21,030 | $41.9K | 0.10% | 2025-12-31 |
| 48 | Jump Financial, LLC | 21,011 | $41.8K | 0.10% | 2025-12-31 |
| 49 | GTS SECURITIES LLC | 20,006 | $39.8K | 0.10% | 2025-12-31 |
| 50 | Marex Group plc | 20,000 | $39.8K | 0.10% | 2025-12-31 |
| 51 | Jefferies Financial Group Inc. | 12,255 | $24.4K | 0.06% | 2025-12-31 |
| 52 | SIMPLEX TRADING, LLC | 7,768 | $15.5K | 0.03% | 2025-12-31 |
| 53 | Brooklands Fund Management Ltd | 4,000 | $10.4K | 0.02% | 2025-12-31 |
| 54 | Tower Research Capital LLC (TRC) | 4,696 | $9.3K | 0.02% | 2025-12-31 |
| 55 | MORGAN STANLEY | 4,098 | $8.2K | 0.02% | 2025-12-31 |
| 56 | OSAIC HOLDINGS, INC. | 2,400 | $4.8K | 0.01% | 2025-12-31 |
| 57 | SBI Securities Co., Ltd. | 1,128 | $2.2K | 0.00% | 2025-12-31 |
| 58 | RAYMOND JAMES FINANCIAL INC | 247 | $1.7K | 0.00% | 2025-06-30 |
| 59 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 725 | $1.4K | 0.00% | 2025-12-31 |
| 60 | Virtu Financial LLC | 45,319 | $319 | 0.23% | 2025-09-30 |
| 61 | Bogart Wealth, LLC | 100 | $199 | 0.00% | 2025-12-31 |
| 62 | GSA CAPITAL PARTNERS LLP | 28,238 | $56 | 0.14% | 2025-12-31 |
| 63 | Allworth Financial LP | 1 | $8 | 0.00% | 2025-12-31 |
| 64 | Global Retirement Partners, LLC | 4 | $8 | 0.00% | 2025-12-31 |
| 65 | NewEdge Advisors, LLC | 1 | $7 | 0.00% | 2025-09-30 |
| 66 | FLAGSHIP HARBOR ADVISORS, LLC | 2 | $4 | 0.00% | 2025-12-31 |
| 67 | CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | $0 | 0.00% | 2025-06-30 |
| 68 | Royal Bank of Canada | 15 | $0 | 0.00% | 2025-09-30 |