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Terns Pharmaceuticals, Inc.

TERNDelisted May 5, 2026
Industry
Pharmaceutical Preparations
SEC CIK
0001831363

Terns Pharmaceuticals, Inc. was delisted on May 5, 2026; its insiders filed their last Form 4 on May 5, 2026; 317 institutions reported holding it in 13F filings for Q1 2026, worth $6.56B in total; Soros Fund Management was the only superinvestor holding it.

13F holders, Q3 2022

Institutional positions in Terns Pharmaceuticals, Inc. as of Sep 30, 2022. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
45
+3 vs. Q2 2022
Shares held
30.3M
+15.6M (+105.7%) vs. Q2 2022
Total value
$178.1M
+$141.6M (+388.3%) vs. Q2 2022
New holders
16
18 more added
Sold out
13
8 more reduced

Compare with Q2 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TERN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2022: 45 institutions
Q1 2021: 42 institutionsQ2 2021: 36 institutionsQ3 2021: 34 institutionsQ4 2021: 37 institutionsQ1 2022: 44 institutionsQ2 2022: 42 institutionsQ3 2022: 45 institutionsQ4 2022: 65 institutionsQ1 2023: 79 institutionsQ2 2023: 103 institutionsQ3 2023: 93 institutionsQ4 2023: 103 institutionsQ1 2024: 112 institutionsQ2 2024: 126 institutionsQ3 2024: 156 institutionsQ4 2024: 157 institutionsQ1 2025: 138 institutionsQ2 2025: 130 institutionsQ3 2025: 141 institutionsQ4 2025: 248 institutionsQ1 2026: 317 institutionsQ2 2026: 1 institution
Value heldQ3 2022: $178.1M
Q1 2021: $393.7MQ2 2021: $203.8MQ3 2021: $174.3MQ4 2021: $116.7MQ1 2022: $50.0MQ2 2022: $36.5MQ3 2022: $178.1MQ4 2022: $506.2MQ1 2023: $630.2MQ2 2023: $505.0MQ3 2023: $310.4MQ4 2023: $412.7MQ1 2024: $414.8MQ2 2024: $446.7MQ3 2024: $663.1MQ4 2024: $477.2MQ1 2025: $229.4MQ2 2025: $310.0MQ3 2025: $665.7MQ4 2025: $4.95BQ1 2026: $6.56BQ2 2026: $75.4K
Institutions holding TERN and their total value by quarter
QuarterHoldersValue
Q2 20261$75.4K
Q1 2026317$6.56B
Q4 2025248$4.95B
Q3 2025141$665.7M
Q2 2025130$310.0M
Q1 2025138$229.4M
Q4 2024157$477.2M
Q3 2024156$663.1M
Q2 2024126$446.7M
Q1 2024112$414.8M
Q4 2023103$412.7M
Q3 202393$310.4M
Q2 2023103$505.0M
Q1 202379$630.2M
Q4 202265$506.2M
Q3 202245$178.1M
Q2 202242$36.5M
Q1 202244$50.0M
Q4 202137$116.7M
Q3 202134$174.3M
Q2 202136$203.8M
Q1 202142$393.7M

Institutions, Q3 2022

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q2 2022.

Institutions holding TERN in Q3 2022
InstitutionSharesValue% of portfolioChange in sharesAction
OrbiMed Advisors LLC7,481,204$44.1M0.88%+3,690,000+97.3%Added
Vivo Capital, LLC5,899,372$34.7M3.84%+3,224,239+120.5%Added
VR Adviser, LLC3,707,891$21.8M3.37%+3,707,891New
Fairmount Funds Management LLC2,050,000$12.1M2.23%+2,050,000New
Deerfield Management Company, L.P. (Series C)1,860,000$11.0M0.22%+1,860,000New
Driehaus Capital Management LLC1,597,929$9.41M0.14%+1,387,855+660.7%Added
JPMorgan Chase & Co919,042$5.41M0.00%+918,079+95,335.3%Added
Ikarian Capital, LLC904,119$5.33M2.66%+204,119+29.2%Added
Pura Vida Investments, LLC728,600$4.29M0.65%+728,600New
Decheng Capital Management III (Cayman), LLC714,285$4.21M1.53%00.0%Unchanged
Barclays PLC659,098$3.88M0.00%+645,973+4,921.7%Added
Vanguard Group Inc619,132$3.65M0.00%+251,603+68.5%Added
Armistice Capital, LLC600,000$3.53M0.09%+276,984+85.7%Added
Millennium Management LLC382,713$2.25M0.00%+105,025+37.8%Added
Acuta Capital Partners, LLC350,702$2.07M0.92%+350,702New
Samsara BioCapital, LLC289,068$1.70M0.40%00.0%Unchanged
BlackRock Inc.286,293$1.69M0.00%+136,765+91.5%Added
Commodore Capital LP205,870$1.21M0.20%+205,870New
Geode Capital Management, LLC168,848$994.0K0.00%+89,524+112.9%Added
Renaissance Technologies LLC152,200$896.0K0.00%−32,216−17.5%Reduced
Boothbay Fund Management, LLC135,719$799.0K0.03%+29,007+27.2%Added
FMR LLC101,639$599.0K0.00%−360.0%Reduced
HighVista Strategies LLC77,344$456.0K0.26%+77,344New
Bridgeway Capital Management, LLC69,500$409.0K0.01%+24,000+52.7%Added
State Street Corp42,037$248.0K0.00%+22,200+111.9%Added
Caas Capital Management LP85,851$213.0K0.03%−11,661−12.0%Reduced
Dimensional Fund Advisors LP33,312$196.0K0.00%+33,312New
Northern Trust Corp21,504$127.0K0.00%+7,131+49.6%Added
Raymond James Financial Services Advisors, Inc.20,830$123.0K0.00%+20,830New
Silverarc Capital Management, LLC14,473$85.0K0.04%+14,473New
Jane Street Group, LLC13,255$78.0K0.00%+13,255New
Acadian Asset Management LLC12,627$74.0K0.00%00.0%Unchanged
Charles Schwab Investment Management Inc12,408$74.0K0.00%+12,408New
Walleye Capital LLC12,124$71.0K0.00%+12,124New
Goldman Sachs Group Inc11,916$70.0K0.00%−4,672−28.2%Reduced
Qube Research & Technologies Ltd10,809$64.0K0.00%−599−5.3%Reduced
Prelude Capital Management, LLC10,945$64.0K0.00%+10,945New
Bank of America Corp7,726$46.0K0.00%−10,382−57.3%Reduced
Morgan Stanley7,243$42.0K0.00%−11,428−61.2%Reduced
Tower Research Capital LLC (TRC)6,601$39.0K0.00%−3,879−37.0%Reduced
UBS Group AG3,667$22.0K0.00%+3,667New
Citigroup Inc701$4.00K0.00%+182+35.1%Added
China Universal Asset Management Co., Ltd.353$2.00K0.00%+353New
Wells Fargo & Company122$1.00K0.00%+70+134.6%Added
Capital Advisors, Ltd. LLC200$1.00K0.00%+98+96.1%Added
Ra Capital Management, L.P.0$00.00%−1,261,435−100.0%Sold out
Suvretta Capital Management, LLC0$00.00%−1,238,800−100.0%Sold out
Antara Capital LP0$00.00%−874,600−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−500,000−100.0%Sold out
Affinity Asset Advisors, LLC0$00.00%−401,268−100.0%Sold out
Ergoteles LLC0$00.00%−63,454−100.0%Sold out
Marquette Asset Management, LLC0$00.00%−57,876−100.0%Sold out
Citadel Advisors LLC0$00.00%−38,810−100.0%Sold out
Bailard, Inc.0$00.00%−20,300−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−2,428−100.0%Sold out
New York State Common Retirement Fund0$00.00%−118−100.0%Sold out
Credit Suisse AG0$00.00%−7−100.0%Sold out
PEAK6 Investments LLC0$00.00%−14,097−100.0%Sold out