TONX · NASDAQ · Software - Application

TON Strategy (TONX)

Accumulates and stakes Gram while winding down inherited social-commerce operations.

$4.18
vs last close+0.11 (+2.70%)

13F · 13D/G · Form 4

Institutions61.89%34.08M shares
46 holders · as of Jun 30, 2026
Insiders14.85%8.18M shares
18 holders · as of Sep 8, 2026
Strategic holders0.18%100.0K shares
1 holder · as of Oct 23, 2024
Other23.08%12.71M shares
remainder

55.07M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

13F · 13D/G · Form 4

HolderStakeSharesDate
Kingsway Capital Partners LtdInstitution
21.96%12.09Mas of Jun 30, 2026
VY Capital Management Co. Ltd.Institution
11.12%6.13Mas of Jun 30, 2026
Aristeia Capital, L.L.C.Institution
8.89%4.90Mas of Jun 30, 2026
Manuel StotzInsiderdirector, 10 percent owner
4.17%2.30Mfiled Sep 29, 2025
Vanguard Capital Management LLCInstitution
3.97%2.19Mas of Jun 30, 2026
Ribbit Management Company, LLCInstitution
2.86%1.58Mas of Jun 30, 2026
Sarah Josephine OlsenInsiderofficer: CFO & COO
2.38%1.31Mfiled Aug 17, 2026
Kevin Mark WilsonInsiderofficer: Chief Executive Officer
2.09%1.15Mfiled Aug 14, 2026
Long Corridor Asset Management LtdInstitution
1.87%1.03Mas of Jun 30, 2026
BlackRock, Inc.Institution
1.55%854,838as of Jun 30, 2026
James P. Geiskopf1Insiderdirector, 10 percent owner
1.45%800,758filed Aug 5, 2025
UBS Group AGInstitution
1.45%798,578as of Jun 30, 2026
DRW Securities, LLCInstitution
1.43%788,644as of Jun 30, 2026
Saba Capital Management, L.P.Institution
1.30%717,327as of Jun 30, 2026
Veronika KapustinaInsiderofficer: Chief Executive Officer
1.15%631,864filed Oct 9, 2025
Geode Capital Management, LLCInstitution
0.98%538,426as of Jun 30, 2026
Anthony M. FrascellaInsiderother: See Remarks
0.85%467,928filed Apr 10, 2026
William R. TecharInsiderother: See Remarks
0.85%467,928filed Apr 10, 2026
Arrington Capital Management, LLCInstitution
0.69%378,549as of Jun 30, 2026
Mary MarbachInsiderofficer: General Counsel/Corp Secretary
0.57%314,100filed Jul 22, 2026
Vanguard Fiduciary Trust CoInstitution
0.52%286,606as of Jun 30, 2026
Jane Street Group, LLCInstitution
0.42%231,526as of Jun 30, 2026
Charles Schwab Investment Management IncInstitution
0.42%229,618as of Jun 30, 2026
Sixth Street Partners Management Company, L.P.Institution
0.42%229,618as of Jun 30, 2026
State Street CorpInstitution
0.39%212,306as of Jun 30, 2026
  1. Reported at 1.32% on Aug 8, 2025, under the 5% line, so no further filing is required.

13F, as of Jun 30, 2026

46 holders · 34.08M shares · 15 new positions · 23 increased · 11 reduced · 14 closed

HolderShares% outstandingChg q/qFiled
Kingsway Capital Partners Ltd12.09M21.96%+12.09MnewAug 3, 2026
VY Capital Management Co. Ltd.6.13M11.12%+6.13MnewAug 18, 2026
Aristeia Capital LLC4.90M8.89%0Aug 14, 2026
Vanguard Capital Management LLC2.19M3.97%−102.7KAug 13, 2026
Ribbit Management Company, LLC1.58M2.86%0Aug 14, 2026
Long Corridor Asset Management Ltd1.03M1.87%+1.03MnewAug 12, 2026
BlackRock, Inc.854.8K1.55%+134.0KAug 7, 2026
UBS Group AG798.6K1.45%+112.1KAug 13, 2026

13D/G · 5% or more, as filed

Holder% of classSharesFormFiled
James P. Geiskopf25.70%13DAug 5, 2025
Kingsway Capital Partners Limitedincl. SP15 Digital Ltd, Manuel Stotz +6 more19.93%12.02M13DAug 18, 2025
Corsair Capital Management, L.P.incl. Corsair Capital Investors, Ltd, Corsair Capital Partners, L.P. +3 more9.60%13GOct 16, 2024
Aristeia Capital, L.L.C.8.66%4.90M13GApr 2, 2026

Form 4

Latest trades

DateInsiderTypeSharesAvg priceOwned after
Sep 4, 2026
Bill John Rivardofficer: Chief Accounting Officer
Sale12,500$3.3045,331
Aug 14, 2026
Sarah Josephine Olsenofficer: CFO & COO
Sale217,450$2.751,310,490
Aug 14, 2026
Kevin Mark Wilsonofficer: Chief Executive Officer
Purchase · 2 lots3,600$2.671,152,820
Aug 13, 2026
Kevin Mark Wilsonofficer: Chief Executive Officer
Purchase3,700$2.761,149,220
May 14, 2026
Evan Sohndirector
Purchase · 2 lots5,540$3.595,399
May 14, 2026
Kevin Mark Wilsonofficer: Chief Executive Officer
Purchase · 2 lots16,040$3.668,020
May 15, 2026
Mary Marbachofficer: General Counsel/Corp Secretary
Purchase1,600$3.521,600
May 14, 2026
Sarah Josephine Olsenofficer: CFO & COO
Purchase7,440$3.627,440
Dec 16, 2025
Rory J. Cutaiadirector
Sale54,494$2.5312,506
Dec 15, 2025
Rory J. Cutaiadirector
Sale34,132$2.6367,000

House and Senate disclosures

Not reported.