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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, 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: 138 institutionsQ2 2025: 130 institutionsQ3 2025: 141 institutionsQ4 2025: 248 institutionsQ1 2026: 317 institutionsQ2 2026: 1 institution
Value heldQ2 2023: $505.0M
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, 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
Lindbrook Capital, LLC24$2100.00%−106−81.5%Reduced
Nisa Investment Advisors, LLC25$2190.00%+25New
ICA Group Wealth Management, LLC60$5250.00%+60New
Daiwa Securities Group Inc.151$1.00K0.00%00.0%Unchanged
Parallel Advisors, LLC161$1.41K0.00%00.0%Unchanged
Federated Hermes, Inc.168$1.47K0.00%+168New
Impact Partnership Wealth, LLC227$1.99K0.00%+227New
Capital Advisors, Ltd. LLC188$2.00K0.00%00.0%Unchanged
Signaturefd, LLC257$2.25K0.00%+154+149.5%Added
China Universal Asset Management Co., Ltd.743$6.50K0.00%+72+10.7%Added
Citadel Advisors LLC1,456$12.7K0.00%−390,609−99.6%Reduced
Metropolitan Life Insurance Co2,395$21.0K0.00%+2,395New
Aquatic Capital Management LLC2,400$21.0K0.00%+2,300+2,300.0%Added
Tucker Asset Management LLC2,824$24.7K0.01%+2,824New
Ameritas Investment Partners, Inc.3,539$31.0K0.00%+3,539New
Amalgamated Bank5,705$50.0K0.00%+5,705New
Tower Research Capital LLC (TRC)8,011$70.1K0.00%+4,361+119.5%Added
Virtus ETF Advisers LLC9,239$80.8K0.05%+9,239New
Alpine Global Management, LLC10,655$93.2K0.03%+10,655New
Zurcher Kantonalbank (Zurich Cantonalbank)11,455$100.2K0.00%+8,973+361.5%Added
Crosspoint Financial, LLC12,054$105.5K1.07%00.0%Unchanged
Dynamic Technology Lab Private Ltd12,101$106.0K0.01%+12,101New
State Board of Administration of Florida Retirement System12,170$106.5K0.00%+12,170New
PEAK6 Investments LLC14,097$123.3K0.01%+14,097New
Citigroup Inc14,509$127.0K0.00%−30,884−68.0%Reduced
Squarepoint Ops LLC15,871$138.9K0.00%+2,946+22.8%Added
Manufacturers Life Insurance Company, The16,836$147.3K0.00%+16,836New
Price T Rowe Associates Inc16,986$149.0K0.00%+16,986New
Voya Investment Management LLC17,096$149.6K0.00%+17,096New
New York State Common Retirement Fund17,200$150.5K0.00%+17,200New
Wells Fargo & Company17,313$151.5K0.00%+17,104+8,183.7%Added
AQR Capital Management LLC18,063$158.1K0.00%+18,063New
Deutsche Bank AG18,328$160.4K0.00%+18,328New
Verition Fund Management LLC20,500$179.4K0.00%−5,090−19.9%Reduced
American International Group, Inc.20,627$180.5K0.00%+20,627New
Alliancebernstein L.P.20,720$181.3K0.00%+20,720New
American Century Companies Inc20,854$182.5K0.00%+20,854New
Invesco Ltd.21,995$192.5K0.00%−552,182−96.2%Reduced
MetLife Investment Management23,112$202.2K0.00%+23,112New
Jane Street Group, LLC24,178$211.6K0.00%−125,183−83.8%Reduced
Legal & General Group Plc25,601$224.0K0.00%+25,601New
Graham Capital Management, L.P.28,980$253.6K0.01%+28,980New
Credit Suisse AG33,787$295.6K0.00%+33,787New
Belvedere Trading LLC35,328$309.1K0.10%+35,328New
State of Wisconsin Investment Board36,464$319.1K0.00%+36,464New
Mirae Asset Global Investments Co., Ltd.40,417$353.6K0.00%+40,417New
Simplex Trading, LLC40,885$357.0K0.02%+40,885New
XTX Topco Ltd41,481$363.0K0.07%+41,481New
Alps Advisors Inc41,665$364.6K0.00%+10,062+31.8%Added
California State Teachers Retirement System41,671$364.6K0.00%+41,671New
Bank of America Corp43,666$382.1K0.00%−4,285−8.9%Reduced
Bridgeway Capital Management, LLC50,700$443.6K0.01%00.0%Unchanged
Boothbay Fund Management, LLC50,740$444.0K0.02%−76,812−60.2%Reduced
UBS Group AG53,075$464.4K0.00%+47,403+835.7%Added
Renaissance Technologies LLC53,200$466.0K0.00%−52,000−49.4%Reduced
Trexquant Investment LP53,901$471.6K0.01%+53,901New
Goldman Sachs Group Inc57,782$505.6K0.00%−31,522−35.3%Reduced
Rhumbline Advisers57,950$507.1K0.00%+57,950New
Atom Investors LP61,648$539.4K0.20%+9,697+18.7%Added
Swiss National Bank67,900$594.1K0.00%+67,900New
Connor, Clark & Lunn Investment Management Ltd.72,187$631.6K0.00%+60,224+503.4%Added
Victory Capital Management Inc73,930$646.9K0.00%+73,930New
Royal Bank of Canada84,979$744.0K0.00%+34,975+69.9%Added
Polar Asset Management Partners Inc.100,000$875.0K0.02%00.0%Unchanged
Parkman Healthcare Partners LLC102,425$896.2K0.16%+27,425+36.6%Added
Charles Schwab Investment Management Inc114,609$1.00M0.00%+100,898+735.9%Added
Schonfeld Strategic Advisors LLC118,936$1.04M0.01%+3,684+3.2%Added
Bank of New York Mellon Corp128,378$1.12M0.00%+107,990+529.7%Added
Morgan Stanley139,590$1.22M0.00%−2,346−1.7%Reduced
Adage Capital Partners GP, L.L.C.150,000$1.31M0.00%+150,000New
Norges Bank163,900$1.43M0.00%+163,900New
Susquehanna International Group, LLP164,851$1.44M0.00%−163,177−49.7%Reduced
Nuveen Asset Management, LLC176,138$1.54M0.00%+176,138New
HighVista Strategies LLC179,670$1.57M0.72%+32,816+22.3%Added
Integral Health Asset Management, LLC180,000$1.57M0.21%+80,000+80.0%Added
Samsara BioCapital, LLC202,348$1.77M0.31%00.0%Unchanged
Dimensional Fund Advisors LP238,364$2.09M0.00%+1,253+0.5%Added
Barclays PLC262,918$2.30M0.00%−271,842−50.8%Reduced
Ikarian Capital, LLC315,480$2.76M0.97%−405,861−56.3%Reduced
Walleye Capital LLC345,499$3.02M0.05%+345,499New
Marshall Wace, LLP356,726$3.12M0.01%+171,698+92.8%Added
Northern Trust Corp361,615$3.16M0.00%+306,536+556.5%Added
JPMorgan Chase & Co381,615$3.34M0.00%−250,131−39.6%Reduced
Balyasny Asset Management LLC583,651$5.11M0.01%+215,980+58.7%Added
Silverarc Capital Management, LLC599,668$5.25M1.77%−68,254−10.2%Reduced
Decheng Capital Management III (Cayman), LLC714,285$6.25M1.96%00.0%Unchanged
Geode Capital Management, LLC787,511$6.89M0.00%+482,795+158.4%Added
State Street Corp820,722$7.18M0.00%+701,683+589.5%Added
Acuta Capital Partners, LLC970,000$8.49M5.75%−129,309−11.8%Reduced
Deep Track Capital, LP1,099,192$9.62M0.45%+1,099,192New
Franklin Resources Inc1,484,654$13.0M0.01%+27,200+1.9%Added
Driehaus Capital Management LLC1,621,779$14.2M0.18%−847,733−34.3%Reduced
Braidwell LP1,842,352$16.1M0.53%−154,703−7.7%Reduced
Deerfield Management Company, L.P. (Series C)1,898,743$16.6M0.35%−160,678−7.8%Reduced
Fairmount Funds Management LLC2,040,000$17.9M2.52%00.0%Unchanged
Vanguard Group Inc2,225,271$19.5M0.00%+934,022+72.3%Added
Millennium Management LLC2,282,242$20.0M0.02%+1,199,859+110.9%Added
VR Adviser, LLC2,972,869$26.0M4.16%−646,653−17.9%Reduced
BlackRock Inc.3,138,529$27.5M0.00%+2,437,862+347.9%Added
Suvretta Capital Management, LLC5,561,835$48.7M2.61%+2,113,560+61.3%Added