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Terns Pharmaceuticals, Inc.

TERNDelisted
Industry
Pharmaceutical Preparations
SEC CIK
0001831363

Terns Pharmaceuticals, Inc. was delisted in 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, Q2 2023

Institutional positions in Terns Pharmaceuticals, Inc. as of Jun 30, 2023. 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
103
+24 vs. Q1 2023
Shares held
57.7M
+4.50M (+8.5%) vs. Q1 2023
Total value
$505.0M
−$125.2M (−19.9%) vs. Q1 2023
New holders
41
29 more added
Sold out
17
22 more reduced

Compare with Q1 2023: 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 holdersQ2 2023: 103 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: 139 institutionsQ2 2025: 130 institutionsQ3 2025: 141 institutionsQ4 2025: 248 institutionsQ1 2026: 317 institutionsQ2 2026: 2 institutions
Value heldQ2 2023: $505.1M
Q1 2021: $393.7MQ2 2021: $203.8MQ3 2021: $174.3MQ4 2021: $116.7MQ1 2022: $50.0MQ2 2022: $36.6MQ3 2022: $178.1MQ4 2022: $506.2MQ1 2023: $720.7MQ2 2023: $505.1MQ3 2023: $310.4MQ4 2023: $425.3MQ1 2024: $425.3MQ2 2024: $447.7MQ3 2024: $663.6MQ4 2024: $477.2MQ1 2025: $229.6MQ2 2025: $310.7MQ3 2025: $670.8MQ4 2025: $4.95BQ1 2026: $6.56BQ2 2026: $659.7K
Institutions holding TERN and their total value by quarter
QuarterHoldersValue
Q2 20262$659.7K
Q1 2026317$6.56B
Q4 2025248$4.95B
Q3 2025141$670.8M
Q2 2025130$310.7M
Q1 2025139$229.6M
Q4 2024157$477.2M
Q3 2024156$663.6M
Q2 2024126$447.7M
Q1 2024112$425.3M
Q4 2023103$425.3M
Q3 202393$310.4M
Q2 2023103$505.1M
Q1 202379$720.7M
Q4 202265$506.2M
Q3 202245$178.1M
Q2 202242$36.6M
Q1 202244$50.0M
Q4 202137$116.7M
Q3 202134$174.3M
Q2 202136$203.8M
Q1 202142$393.7M

Institutions, Q2 2023

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q1 2023.

Institutions holding TERN in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
OrbiMed Advisors LLC7,619,135$66.7M1.22%00.0%Unchanged
FMR LLC7,050,346$61.7M0.01%−592,412−7.8%Reduced
Vivo Capital, LLC6,657,992$58.3M4.02%00.0%Unchanged
Suvretta Capital Management, LLC5,561,835$48.7M2.60%+2,113,560+61.3%Added
BlackRock Inc.3,138,529$27.5M0.00%+2,437,862+347.9%Added
VR Adviser, LLC2,972,869$26.0M4.16%−646,653−17.9%Reduced
Millennium Management LLC2,282,242$20.0M0.02%+1,199,859+110.9%Added
Vanguard Group Inc2,225,271$19.5M0.00%+934,022+72.3%Added
Fairmount Funds Management LLC2,040,000$17.9M2.52%00.0%Unchanged
Deerfield Management Company, L.P. (Series C)1,898,743$16.6M0.35%−160,678−7.8%Reduced
Braidwell LP1,842,352$16.1M0.53%−154,703−7.7%Reduced
Driehaus Capital Management LLC1,621,779$14.2M0.18%−847,733−34.3%Reduced
Franklin Resources Inc1,484,654$13.0M0.01%+27,200+1.9%Added
Deep Track Capital, LP1,099,192$9.62M0.45%+1,099,192New
Acuta Capital Partners, LLC970,000$8.49M5.75%−129,309−11.8%Reduced
State Street Corp820,722$7.18M0.00%+701,683+589.5%Added
Geode Capital Management, LLC787,511$6.89M0.00%+482,795+158.4%Added
Decheng Capital Management III (Cayman), LLC714,285$6.25M1.96%00.0%Unchanged
Silverarc Capital Management, LLC599,668$5.25M1.77%−68,254−10.2%Reduced
Balyasny Asset Management LLC583,651$5.11M0.01%+215,980+58.7%Added
JPMorgan Chase & Co381,615$3.34M0.00%−250,131−39.6%Reduced
Northern Trust Corp361,615$3.16M0.00%+306,536+556.5%Added
Marshall Wace, LLP356,726$3.12M0.01%+171,698+92.8%Added
Walleye Capital LLC345,499$3.02M0.05%+345,499New
Ikarian Capital, LLC315,480$2.76M0.97%−405,861−56.3%Reduced
Barclays PLC262,918$2.30M0.00%−271,842−50.8%Reduced
Dimensional Fund Advisors LP238,364$2.09M0.00%+1,253+0.5%Added
Samsara BioCapital, LLC202,348$1.77M0.31%00.0%Unchanged
Integral Health Asset Management, LLC180,000$1.57M0.21%+80,000+80.0%Added
HighVista Strategies LLC179,670$1.57M0.72%+32,816+22.3%Added
Nuveen Asset Management, LLC176,138$1.54M0.00%+176,138New
Susquehanna International Group, LLP164,851$1.44M0.00%−163,177−49.7%Reduced
Norges Bank163,900$1.43M0.00%+163,900New
Adage Capital Partners GP, L.L.C.150,000$1.31M0.00%+150,000New
Morgan Stanley139,590$1.22M0.00%−2,346−1.7%Reduced
Bank of New York Mellon Corp128,378$1.12M0.00%+107,990+529.7%Added
Schonfeld Strategic Advisors LLC118,936$1.04M0.01%+3,684+3.2%Added
Charles Schwab Investment Management Inc114,609$1.00M0.00%+100,898+735.9%Added
Parkman Healthcare Partners LLC102,425$896.2K0.16%+27,425+36.6%Added
Polar Asset Management Partners Inc.100,000$875.0K0.02%00.0%Unchanged
Royal Bank of Canada84,979$744.0K0.00%+34,975+69.9%Added
Victory Capital Management Inc73,930$646.9K0.00%+73,930New
Connor, Clark & Lunn Investment Management Ltd.72,187$631.6K0.00%+60,224+503.4%Added
Swiss National Bank67,900$594.1K0.00%+67,900New
Atom Investors LP61,648$539.4K0.20%+9,697+18.7%Added
Rhumbline Advisers57,950$507.1K0.00%+57,950New
Goldman Sachs Group Inc57,782$505.6K0.00%−31,522−35.3%Reduced
Trexquant Investment LP53,901$471.6K0.01%+53,901New
Renaissance Technologies LLC53,200$466.0K0.00%−52,000−49.4%Reduced
UBS Group AG53,075$464.4K0.00%+47,403+835.7%Added
Boothbay Fund Management, LLC50,740$444.0K0.01%−76,812−60.2%Reduced
Bridgeway Capital Management, LLC50,700$443.6K0.01%00.0%Unchanged
Bank of America Corp43,666$382.1K0.00%−4,285−8.9%Reduced
California State Teachers Retirement System41,671$364.6K0.00%+41,671New
Alps Advisors Inc41,665$364.6K0.00%+10,062+31.8%Added
XTX Topco Ltd41,481$363.0K0.07%+41,481New
Simplex Trading, LLC40,885$357.0K0.02%+40,885New
Mirae Asset Global Investments Co., Ltd.40,417$353.6K0.00%+40,417New
State of Wisconsin Investment Board36,464$319.1K0.00%+36,464New
Belvedere Trading LLC35,328$309.1K0.10%+35,328New
Credit Suisse AG33,787$295.6K0.00%+33,787New
Graham Capital Management, L.P.28,980$253.6K0.01%+28,980New
Legal & General Group Plc25,601$224.0K0.00%+25,601New
Jane Street Group, LLC24,178$211.6K0.00%−125,183−83.8%Reduced
MetLife Investment Management23,112$202.2K0.00%+23,112New
Invesco Ltd.21,995$192.5K0.00%−552,182−96.2%Reduced
American Century Companies Inc20,854$182.5K0.00%+20,854New
Alliancebernstein L.P.20,720$181.3K0.00%+20,720New
American International Group, Inc.20,627$180.5K0.00%+20,627New
Verition Fund Management LLC20,500$179.4K0.00%−5,090−19.9%Reduced
Deutsche Bank AG18,328$160.4K0.00%+18,328New
AQR Capital Management LLC18,063$158.1K0.00%+18,063New
Wells Fargo & Company17,313$151.5K0.00%+17,104+8,183.7%Added
New York State Common Retirement Fund17,200$150.5K0.00%+17,200New
Voya Investment Management LLC17,096$149.6K0.00%+17,096New
Price T Rowe Associates Inc16,986$149.0K0.00%+16,986New
Manufacturers Life Insurance Company, The16,836$147.3K0.00%+16,836New
Squarepoint Ops LLC15,871$138.9K0.00%+2,946+22.8%Added
Citigroup Inc14,509$127.0K0.00%−30,884−68.0%Reduced
PEAK6 Investments LLC14,097$123.3K0.01%+14,097New
State Board of Administration of Florida Retirement System12,170$106.5K0.00%+12,170New
Dynamic Technology Lab Private Ltd12,101$106.0K0.01%+12,101New
Crosspoint Financial, LLC12,054$105.5K1.07%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)11,455$100.2K0.00%+8,973+361.5%Added
Alpine Global Management, LLC10,655$93.2K0.03%+10,655New
Virtus ETF Advisers LLC9,239$80.8K0.05%+9,239New
Tower Research Capital LLC (TRC)8,011$70.1K0.00%+4,361+119.5%Added
Amalgamated Bank5,705$50.0K0.00%+5,705New
Ameritas Investment Partners, Inc.3,539$31.0K0.00%+3,539New
Tucker Asset Management LLC2,824$24.7K0.01%+2,824New
Aquatic Capital Management LLC2,400$21.0K0.00%+2,300+2,300.0%Added
Metropolitan Life Insurance Co2,395$21.0K0.00%+2,395New
Citadel Advisors LLC1,456$12.7K0.00%−390,609−99.6%Reduced
China Universal Asset Management Co., Ltd.743$6.50K0.00%+72+10.7%Added
Signaturefd, LLC257$2.25K0.00%+154+149.5%Added
Capital Advisors, Ltd. LLC188$2.00K0.00%00.0%Unchanged
Impact Partnership Wealth, LLC227$1.99K0.00%+227New
Federated Hermes, Inc.168$1.47K0.00%+168New
Parallel Advisors, LLC161$1.41K0.00%00.0%Unchanged
Daiwa Securities Group Inc.151$1.00K0.00%00.0%Unchanged