TON Strategy Co
TONX
7 hedge funds and large institutions have $887K invested in TON Strategy Co in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
40% more funds holding
Funds holding: 5 → 7 (+2)
0% less ownership
Funds ownership: 0% → 0% (-0%)
8% less capital invested
Capital invested by funds: $963K → $887K (-$76K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$33.5K |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$25.1K |
| 3 |
BlackRock
New York
|
+$16.8K |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$8.38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$201K |
| 2 |
Millennium Management
New York
|
-$117K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$75K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Vanguard Group
Malvern,
Pennsylvania
| $615K | – | – | – |
|
|
2
Millennium Management
New York
| $134K | -$117K | -14 | -56% |
|
|
3
Verition Fund Management
Greenwich,
Connecticut
| $46K | +$33.5K | +4 | New |
|
|
4
Northern Trust
Chicago,
Illinois
| $32K | +$25.1K | +3 | New |
|
|
PCM
5
Perkins Capital Management
Wayzata,
Minnesota
| $29K | -$201K | -24 | -92% |
|
|
6
BlackRock
New York
| $23K | +$16.8K | +2 | New |
|
|
GRP
7
Global Retirement Partners
San Rafael,
California
| $6K | +$8.38K | +1 | New |
|
|
AG
8
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
|
CFGS
9
Concourse Financial Group Securities
Birmingham,
Alabama
| $1K | – | – | – |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| – | -$75K | -9 | Closed |
|
|
11
Citadel Advisors
Miami,
Florida
| – | -$13K | -2 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$3K | – | – |
|
TONX Hedge Fund Activity: Q4 2019 in Review
7 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in TON Strategy Co (TONX) for Q4 2019, worth a combined $887K — down 7.9% from $963K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TONX positions and 2 closed out — a net gain of 2 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $33.5K. The largest seller was Perkins Capital Management, cutting an estimated $201K.
- 7 institutional investors held TON Strategy Co (TONX) as of Q4 2019, up from 5 in Q3 2019.
- Funds reported $887K of TON Strategy Co stock for Q4 2019, down 7.9% quarter-over-quarter.
- 4 funds opened new TON Strategy Co positions in Q4 2019 and 2 closed out, a net change of +2 holders.
- The largest TON Strategy Co buyer in Q4 2019 was Verition Fund Management, an estimated $33.5K added.
- The largest TON Strategy Co seller in Q4 2019 was Perkins Capital Management, an estimated $201K sold.
Based on aggregated 13F filings for Q4 2019.