Vault-13

TONIX PHARMACEUTICALS HLDG C TNXP

COM NEW · Common Stock · CUSIP 890260839 · ISIN US8902608392

Commercial pharmaceutical company

102 institutional holders +21 vs Q1 2026
9,346,7049.3m shares reported held*
54.5% of all shares outstanding*
$119.3mreported value*
28 new 51 added 8 reduced 5 sold out net bought ≈ $57.4m (+4.5m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($216.2k this quarter). Holder counts are more reliable. Shares outstanding: 17.2m as of 2026-08-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.76. Options: 3 managers hold calls ($1.6m notional), 5 hold puts ($5.0m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q4 24: 2Q1 25: 27Q2 25: 48Q3 25: 60Q4 25: 70Q1 26: 81Q2 26: 102102Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 20242
Q1 202527
Q2 202548
Q3 202560
Q4 202570
Q1 202681
Q2 2026102

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q1 25: 26 bought or addedQ1 25: 2 cut or sold outQ1 25Q2 25: 37 bought or addedQ2 25: 12 cut or sold outQ2 25Q3 25: 41 bought or addedQ3 25: 14 cut or sold outQ3 25Q4 25: 50 bought or addedQ4 25: 16 cut or sold outQ4 25Q1 26: 46 bought or addedQ1 26: 23 cut or sold outQ1 26Q2 26: 79 bought or addedQ2 26: 13 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 2025262
Q2 20253712
Q3 20254114
Q4 20255016
Q1 20264623
Q2 20267913

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6mQ3 25 calls: $816.6kQ3 25 puts: $548.0kQ3 25P/C 0.67Q4 25 calls: $770.1kQ4 25 puts: $1.4mQ4 25P/C 1.87Q1 26 calls: $2.1mQ1 26 puts: $1.9mQ1 26P/C 0.87Q2 26 calls: $1.6mQ2 26 puts: $5.0mQ2 26P/C 3.09
Numbers
QuarterCallsPutsP/C
Q3 2025$816.6k$548.0k0.67
Q4 2025$770.1k$1.4m1.87
Q1 2026$2.1m$1.9m0.87
Q2 2026$1.6m$5.0m3.09

Biggest buyers

Point72 Asset Management, L.P. Added +1,041,338+1.0m
MILLENNIUM MANAGEMENT LLC Added +747,259+747.3k
AQR CAPITAL MANAGEMENT LLC Added +721,387+721.4k
BlackRock, Inc. Added +429,864+429.9k
Ishara Investments LP New +338,250+338.2k
Jones Hill Capital LP Added +173,312+173.3k
VANGUARD CAPITAL MANAGEMENT LLC Added +173,245+173.2k
ESSEX INVESTMENT MANAGEMENT CO LLC New +165,144+165.1k
FMR LLC Added +91,813+91.8k
GEODE CAPITAL MANAGEMENT, LLC Added +81,969+82.0k

Biggest sellers

CITADEL ADVISORS LLC Reduced -272,853-272.9k
Balyasny Asset Management L.P. Reduced -180,491-180.5k
Quadrature Capital Ltd Sold out -17,410-17.4k
SIMPLEX TRADING, LLC Sold out -5,108-5.1k
MORGAN STANLEY Reduced -2,029-2.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -890-890
Tower Research Capital LLC (TRC) Reduced -889-889
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM Reduced -566-566
GROUP ONE TRADING LLC Reduced -507-507
Sterling Capital Management LLC Reduced -156-156

Biggest calls

CITADEL ADVISORS LLC Added $587.0k46.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $520.6k40.8k shares
JANE STREET GROUP, LLC Reduced $514.2k40.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.9m146.1k shares
JANE STREET GROUP, LLC Added $1.8m139.4k shares
SIMPLEX TRADING, LLC Added $722.2k56.6k shares
CITADEL ADVISORS LLC Added $576.8k45.2k shares
GROUP ONE TRADING LLC Added $70.2k5.5k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Point72 Asset Management, L.P. 13G · passive investor -2.3 pts · filed 2026-05-15 6.9% -2.3 pts 1.1m≈ $14.0m 2026-05-15
BlackRock, Inc. 13G · institution -1.1 pts · filed 2026-01-21 6.7% -1.1 pts 854.6k≈ $10.9m 2026-01-21
MILLENNIUM MANAGEMENT LLC 13G · passive investor new · filed 2026-06-15 5.6% new 890.4k≈ $11.4m 2026-06-15
AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-13 5.5% new 882.6k≈ $11.3m 2026-08-13

Fell to 5% or below in the last year: Sirenia Capital Management LP (4.9%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 1 buyingQ2 25: 0 sellingQ3 25: 2 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 1 buyingQ1 26: 0 sellingQ1 26Q2 26: 3 buyingQ2 26: 0 sellingQ3 26: 2 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20251$86.2k0——
Q3 20252$24.1k0——
Q4 20250—0——
Q1 20261$286.4k0——
Q2 20263$132.1k0——
Q3 20262$40.2k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-27 LEDERMAN SETH Chief Executive Officer, director · By IRA Account Bought 2,000 $13.79 $27.6k2.0k shares +22%
2026-08-20 BAGGER RICHARD H Director Bought 1,000 $12.60 $12.6k1.0k shares new
2026-06-12 Taylor Carolyn E. Director Bought 1,415 $10.55 $14.9k1.4k shares +338%
2026-06-09 LEDERMAN SETH Chief Executive Officer, director Bought 5,000 $11.79 $58.9k5.0k shares +125%
2026-06-08 Stillwell Richard Newcomb Director Bought 5,000 $11.65 $58.2k5.0k shares new

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,398,0411.4m $17.8m $17.8m 0.00% Added +429.9k +429,864
2 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 1,166,7521.2m $14.9m $14.9m 0.02% Added +1.0m +1,041,338
3 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 966,932966.9k $12.3m $12.3m 0.01% Added +747.3k +747,259
4 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 882,595882.6k $11.3m $11.3m 0.00% Added +721.4k +721,387
5 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 691,895691.9k $8.8m $8.8m 0.00% Added +173.2k +173,245
6 Jones Hill Capital LP 1.70% of their portfolio NEW YORK, NY 625,428625.4k $8.0m $8.0m 1.70% Added +173.3k +173,312
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 395,260395.3k $5.0m $5.0m 0.00% Added +82.0k +81,969
8 Ishara Investments LP 3.17% of their portfolio LOS ANGELES, CA 338,250338.2k $4.3m $4.3m 3.17% New
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 271,374271.4k $3.5m $3.5m 0.00% Added +40.8k +40,767
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 231,682231.7k $3.0m $3.0m 0.00% Added +4 +4
11 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 195,859195.9k $2.5m $2.5m 0.00% Reduced -272.9k -272,853
12 ESSEX INVESTMENT MANAGEMENT CO LLC 0.28% of their portfolio BOSTON, MA 165,144165.1k $2.1m $2.1m 0.28% New
13 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 132,591132.6k $1.7m $1.7m 0.00% Reduced -180.5k -180,491
14 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 120,386120.4k $1.5m $1.5m 0.00% Added +20.3k +20,252
15 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 117,447117.4k $1.5m $1.5m 0.00% Added +22.9k +22,886
16 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 102,054102.1k $1.3m $1.3m 0.00% Added +17.8k +17,784
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 98,35698.4k $1.3m $1.3m 0.00% Added +45.3k +45,301
18 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 97,95498.0k $1.2m $1.2m 0.00% Added +19.3k +19,327
19 FMR LLC 0.00% of their portfolio BOSTON, MA 93,55193.6k $1.2m $1.2m 0.00% Added +91.8k +91,813
20 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 92,37392.4k $1.2m $1.2m 0.01% Added +78.0k +78,015
21 Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio Bala Cynwyd, PA 65,02465.0k $829.7k $829.7k 0.01% New
22 SUPERSTRING CAPITAL MANAGEMENT LP 0.51% of their portfolio NEW YORK, NY 63,64863.6k $812.1k $812.1k 0.51% Added +108 +108
23 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 63,63563.6k $812.0k $812.0k 0.01% New
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 60,97761.0k $778.1k $778.1k 0.00% Added +19 +19
25 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 57,94357.9k $739.4k $739.4k 0.00% New
26 PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio BOSTON, MA 56,70656.7k $723.6k $723.6k 0.00% New
27 Legato Capital Management LLC 0.06% of their portfolio San Francisco, CA 55,62055.6k $709.7k $709.7k 0.06% New
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 52,61352.6k $671.3k $671.3k 0.00% Added +22.8k +22,823
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 43,03443.0k $549.1k $549.1k 0.00% Added +13.5k +13,455
30 Mariner, LLC 0.00% of their portfolio Overland Park, KS 41,77041.8k $533.0k $533.0k 0.00% New
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 41,75441.8k $532.8k $532.8k 0.00% Added +11.3k +11,328
32 Quarry LP 0.08% of their portfolio NEW YORK, NY 41,25041.2k $526.4k $526.4k 0.08% New
33 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 37,69137.7k $480.9k $480.9k 0.00% Added +22.4k +22,426
34 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 36,47236.5k $465.4k $465.4k 0.00% Added +25.5k +25,501
35 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 31,07431.1k $396.5k $396.5k 0.00% New
36 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 28,81228.8k $367.6k $367.6k 0.00% New
37 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 24,03024.0k $330.4k $330.4k 0.00% Added +11.0k +10,960
38 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 23,81823.8k $303.9k $303.9k 0.00% New
39 GREAT LAKES ADVISORS, LLC 0.00% of their portfolio CHICAGO, IL 23,75223.8k $303.1k $303.1k 0.00% New
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 23,67923.7k $296.7k $296.7k 0.00% New
41 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 20,00020.0k $255.2k $255.2k 0.00% New
42 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 19,36319.4k $248.0k $248.0k 0.00% Added +5.5k +5,547
43 Man Group plc 0.00% of their portfolio LONDON, X0 18,66918.7k $238.2k $238.2k 0.00% New
44 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 17,43417.4k $222.4k $222.4k 0.00% Added +3.3k +3,266
45 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 17,39817.4k $222.0k $222.0k 0.00% Added +17.3k +17,348
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 15,41815.4k $196.7k $196.7k 0.00% Added +6.8k +6,789
47 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 15,25815.3k $194.7k $194.7k 0.00% Added +2.4k +2,408
48 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 15,24115.2k $194.5k $194.5k 0.00% Reduced -2.0k -2,029
49 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,67514.7k $187.3k $187.3k 0.00% New
50 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 14,52114.5k $185.3k $185.3k 0.00% New
51 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 12,54812.5k $160.1k $160.1k 0.00% Added +387 +387
52 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 10,23310.2k $130.6k $130.6k 0.00% New
53 SJS Investment Consulting Inc. 0.01% of their portfolio SYLVANIA, OH 10,20410.2k $130.2k $130.2k 0.01% Added +200 +200
54 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 9,7259.7k $124.1k $124.1k 0.00% New
55 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 9,1199.1k $116.4k $116.4k 0.00% Added +529 +529
56 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 7,9197.9k $101.0k $101.0k 0.00% Added +7.0k +7,049
57 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,3467.3k $93.7k $93.7k 0.00% Added +797 +797
58 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 7,2247.2k $92.2k $92.2k 0.00% New
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,7276.7k $85.8k $85.8k 0.00% Added +3.8k +3,829
60 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 6,6916.7k $85.4k $85.4k 0.00% Added +308 +308
61 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,1116.1k $77.9k $77.9k 0.00% Added +587 +587
62 Leonteq Securities AG 0.00% of their portfolio ZURICH, V8 5,7005.7k $72.7k $72.7k 0.00% Unchanged
63 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 4,9424.9k $63.1k $63.1k 0.00% New
64 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 4,9114.9k $62.7k $62.7k 0.00% Unchanged
65 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 4,7294.7k $60.3k $60.3k 0.00% Unchanged
66 Cornerstone National Bank & Trust Co 0.01% of their portfolio PALATINE, IL 3,3303.3k $41.4k $41.4k 0.01% Unchanged
67 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 2,9002.9k $37.0k $37.0k 0.00% Unchanged
68 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,1672.2k $27.6k $27.6k 0.00% Added +712 +712
69 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,9722.0k $25.2k $25.2k 0.00% Reduced -890 -890
70 State of Wyoming 0.00% of their portfolio CHEYENNE, WY 1,5671.6k $20.0k $20.0k 0.00% Added +391 +391
71 Legal & General Group Plc 0.00% of their portfolio London, X0 1,4701.5k $18.8k $18.8k 0.00% Added +417 +417
72 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,4491.4k $18.5k $18.5k 0.00% Added +93 +93
73 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1,1731.2k $15.0k $15.0k 0.00% Added +797 +797
74 Essential Partners LLC 0.01% of their portfolio RANCHO SANTA FE, CA 1,1021.1k $14.1k $14.1k 0.01% Added +596 +596
75 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,0531.1k $13.4k $13.4k 0.00% Added +823 +823
76 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 861861 $11.0k $11.0k 0.00% Added +802 +802
77 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 773773 $9.9k $9.9k 0.00% Unchanged
78 Gen-Wealth Partners Inc 0.00% of their portfolio ZEELAND, MI 533533 $6.8k $6.8k 0.00% Unchanged
79 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 370370 $4.7k $4.7k 0.00% Unchanged
80 True Wealth Design, LLC 0.00% of their portfolio AKRON, OH 352352 $4.5k $4.5k 0.00% Added +306 +306
81 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 302302 $3.9k $3.9k 0.00% Added +166 +166
82 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 299299 $3.8k $3.8k 0.00% Added +213 +213
83 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 294294 $3.8k $3.8k 0.00% Reduced -156 -156
84 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 289289 $3.7k $3.7k 0.00% Reduced -889 -889
85 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 288288 $3.7k $3.7k 0.00% Added +4 +4
86 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 253253 $3.2k $3.2k 0.00% Reduced -507 -507
87 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 191191 $2.4k $2.4k 0.00% Reduced -566 -566
88 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 168168 $2.1k $2.1k 0.00% New
89 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 160160 $2.0k $2.0k 0.00% New
90 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 141141 $1.8k $1.8k 0.00% Unchanged
91 Wealth Enhancement Trust Services, Inc. 0.00% of their portfolio SIOUX FALLS, SD 135135 $1.7k $1.7k 0.00% New
92 Fortitude Family Office, LLC 0.00% of their portfolio SCOTTSDALE, AZ 113113 $1.4k $1.4k 0.00% New
93 Dogwood Wealth Management LLC 0.00% of their portfolio LENEXA, KS 110110 $1.4k $1.4k 0.00% Unchanged
94 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 108108 $1.4k $1.4k 0.00% Unchanged
95 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 9090 $1.1k $1.1k 0.00% Added +1 +1
96 Caitlin John, LLC 0.00% of their portfolio BRIGHTON, MI 7777 $983 $983 0.00% Unchanged
97 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 7676 $970 $970 0.00% Unchanged
98 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 5757 $728 $728 0.00% New
99 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 5252 $664 $664 0.00% Unchanged
100 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 3737 $489 $489 0.00% Added +2 +2