TON Strategy Co
TONX
5 hedge funds and large institutions have $963K invested in TON Strategy Co in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 3 reducing their positions, and 4 closing their positions.
0% less ownership
Funds ownership: 0% → 0% (-0%)
29% less funds holding
Funds holding: 7 → 5 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
59% less capital invested
Capital invested by funds: $2.34M → $963K (-$1.38M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$629K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$25.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$554K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$277K |
| 3 |
Goldman Sachs
New York
|
-$212K |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$101K |
| 5 |
Millennium Management
New York
|
-$50.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Vanguard Group
Malvern,
Pennsylvania
| $429K | +$629K | +50 | New |
|
|
PCM
2
Perkins Capital Management
Wayzata,
Minnesota
| $226K | -$37.7K | -3 | -10% |
|
|
3
Millennium Management
New York
| $215K | -$50.3K | -4 | -14% |
|
|
WAM
4
Wolverine Asset Management
Chicago,
Illinois
| $75K | -$277K | -22 | -71% |
|
|
5
Citadel Advisors
Miami,
Florida
| $13K | +$25.2K | +2 | New |
|
6
UBS Group
Zurich,
Switzerland
| $3K | – | – | – |
|
|
AG
7
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
|
CFGS
8
Concourse Financial Group Securities
Birmingham,
Alabama
| $1K | – | – | – |
|
|
9
Verition Fund Management
Greenwich,
Connecticut
| – | -$554K | -35 | Closed |
|
|
10
Goldman Sachs
New York
| – | -$212K | -13 | Closed |
|
|
BRF
11
B. Riley Financial
Los Angeles,
California
| – | -$101K | -6 | Closed |
|
|
CC
12
Cannell & Co
New York
| – | -$37K | -2 | Closed |
|
13
BlackRock
New York
| – | -$6K | – | – |
|
TONX Hedge Fund Activity: Q3 2019 in Review
5 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in TON Strategy Co (TONX) for Q3 2019, worth a combined $963K — down 59% from $2.34M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TONX and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Vanguard Group, opening a new position worth an estimated $629K. The largest seller was Verition Fund Management, exiting entirely with an estimated $554K sold.
- 5 institutional investors held TON Strategy Co (TONX) as of Q3 2019, down from 7 in Q2 2019.
- Funds reported $963K of TON Strategy Co stock for Q3 2019, down 59% quarter-over-quarter.
- 2 funds opened new TON Strategy Co positions in Q3 2019 and 4 closed out, a net change of -2 holders.
- The largest TON Strategy Co buyer in Q3 2019 was Vanguard Group, an estimated $629K added.
- The largest TON Strategy Co seller in Q3 2019 was Verition Fund Management, an estimated $554K sold.
Based on aggregated 13F filings for Q3 2019.