TON Strategy Co
Ownership
Ownership Structure
Who owns TON Strategy Co (TONX)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 54.9% of the shares are freely tradable; institutional investors hold 45.8%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Kingsway Capital Partners Limited | 21.96 | 12,091,720 | +0.0 | 06/30/2026 |
| VY Capital Management Co. Ltd | 11.12 | 6,125,821 | +0.0 | 06/30/2026 |
| Aristeia Capital, LLC | 8.89 | 4,895,110 | +0.0 | 06/30/2026 |
| Vanguard Capital Management, LLC | 3.97 | 2,185,301 | -4.5 | 06/30/2026 |
| Ribbit Management Company, LLC | 2.86 | 1,577,287 | +0.0 | 06/30/2026 |
| Long Corridor Asset Management Ltd | 1.87 | 1,027,206 | +0.0 | 06/30/2026 |
| BlackRock Inc | 1.55 | 854,838 | +18.6 | 06/30/2026 |
| UBS Group AG | 1.45 | 798,578 | +16.3 | 06/30/2026 |
| DRW Securities, LLC | 1.43 | 788,644 | +0.0 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard MStar Total Stk Mkt Idx Invest | 2.84 | 1,562,440 | -3.3 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Olsen Sarah Josephine | CFO & COO | 1,274,750 | 4,716,575 $ | Nov 9, 2026 | direct |
| Wilson Kevin Mark | Chief Executive Officer | 1,152,820 | 4,265,434 $ | Aug 14, 2026 | direct |
| Marbach Mary | General Counsel/Corp Secretary | 286,085 | 1,058,515 $ | Nov 3, 2026 | direct |
| Sohn Evan | Director | 155,399 | 574,976 $ | Aug 27, 2026 | direct |
| Cary Nicolas Claude | Director | 152,500 | 564,250 $ | Aug 27, 2026 | direct |
| Highfield Tucker Montana | Director | 150,000 | 555,000 $ | Aug 27, 2026 | direct |
| Suarez Oscar | Director | 97,500 | 360,750 $ | Aug 27, 2026 | direct |
| Rivard Bill John | Chief Accounting Officer | 45,331 | 167,725 $ | Sep 4, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Nov 9, 2026 | Olsen Sarah Josephine | CFO & COO | Sell | 10,320 | 2.74 | 28,277 |
| Nov 3, 2026 | Marbach Mary | General Counsel/Corp Secretary | Sell | 26,188 | 2.87 | 75,160 |
| Nov 3, 2026 | Marbach Mary | General Counsel/Corp Secretary | Sell | 1,827 | 2.87 | 5,243 |
| Nov 3, 2026 | Olsen Sarah Josephine | CFO & COO | Sell | 12,357 | 2.87 | 35,465 |
| Nov 3, 2026 | Olsen Sarah Josephine | CFO & COO | Sell | 13,063 | 2.87 | 37,491 |
| Sep 4, 2026 | Rivard Bill John | Chief Accounting Officer | Sell | 12,500 | 3.30 | 41,254 |
| Aug 27, 2026 | Sohn Evan | Director | Other | 80,000 | 0.00 | – |
| Aug 27, 2026 | Suarez Oscar | Director | Other | 97,500 | 0.00 | – |
| Aug 27, 2026 | Highfield Tucker Montana | Director | Other | 80,000 | 0.00 | – |
| Aug 27, 2026 | Cary Nicolas Claude | Director | Other | 80,000 | 0.00 | – |
| Aug 14, 2026 | Olsen Sarah Josephine | CFO & COO | Sell | 217,450 | 2.75 | 598,727 |
| Aug 14, 2026 | Wilson Kevin Mark | Chief Executive Officer | Buy | 1,900 | 2.67 | 5,064 |
| Aug 14, 2026 | Wilson Kevin Mark | Chief Executive Officer | Buy | 1,700 | 2.68 | 4,550 |
| Aug 13, 2026 | Wilson Kevin Mark | Chief Executive Officer | Buy | 3,700 | 2.76 | 10,194 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: November 12, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.