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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 2023

Institutional positions in Terns Pharmaceuticals, Inc. as of Sep 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
93
−10 vs. Q2 2023
Shares held
61.7M
+3.99M (+6.9%) vs. Q2 2023
Total value
$310.4M
−$194.6M (−38.5%) vs. Q2 2023
New holders
10
32 more added
Sold out
20
38 more reduced

Compare with Q2 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 holdersQ3 2023: 93 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 2023: $310.4M
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 2023

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q2 2023.

Institutions holding TERN in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
OrbiMed Advisors LLC7,619,135$38.3M0.89%00.0%Unchanged
Vivo Capital, LLC6,657,992$33.5M4.14%00.0%Unchanged
Suvretta Capital Management, LLC6,041,910$30.4M1.64%+480,075+8.6%Added
Deep Track Capital, LP6,000,000$30.2M1.17%+4,900,808+445.9%Added
FMR LLC5,118,050$25.7M0.00%−1,932,296−27.4%Reduced
BlackRock Inc.3,164,815$15.9M0.00%+26,286+0.8%Added
VR Adviser, LLC3,092,273$15.6M1.64%+119,404+4.0%Added
Braidwell LP2,840,052$14.3M0.45%+997,700+54.2%Added
Vanguard Group Inc2,202,114$11.1M0.00%−23,157−1.0%Reduced
Franklin Resources Inc2,148,821$10.8M0.01%+664,167+44.7%Added
Fairmount Funds Management LLC2,040,000$10.3M1.23%00.0%Unchanged
Driehaus Capital Management LLC1,617,920$8.14M0.11%−3,859−0.2%Reduced
Millennium Management LLC1,614,561$8.12M0.01%−667,681−29.3%Reduced
Perceptive Advisors LLC1,075,000$5.41M0.18%+1,075,000New
Morgan Stanley997,760$5.02M0.00%+858,170+614.8%Added
State Street Corp878,199$4.42M0.00%+57,477+7.0%Added
Geode Capital Management, LLC788,115$3.96M0.00%+604+0.1%Added
Decheng Capital Management III (Cayman), LLC714,285$3.59M1.20%00.0%Unchanged
Great Point Partners LLC645,899$3.25M0.61%+645,899New
Point72 Asset Management, L.P.571,265$2.87M0.01%+571,265New
Acuta Capital Partners, LLC555,260$2.79M2.03%−414,740−42.8%Reduced
Silverarc Capital Management, LLC500,000$2.52M0.94%−99,668−16.6%Reduced
Norges Bank426,700$2.15M0.00%+262,800+160.3%Added
Northern Trust Corp348,320$1.75M0.00%−13,295−3.7%Reduced
Affinity Asset Advisors, LLC325,000$1.63M0.53%+325,000New
Renaissance Technologies LLC290,100$1.46M0.00%+236,900+445.3%Added
JPMorgan Chase & Co283,135$1.42M0.00%−98,480−25.8%Reduced
Goldman Sachs Group Inc259,296$1.30M0.00%+201,514+348.7%Added
Samsara BioCapital, LLC202,348$1.02M0.31%00.0%Unchanged
Ikarian Capital, LLC165,480$832.4K0.31%−150,000−47.5%Reduced
HighVista Strategies LLC148,200$745.4K0.35%−31,470−17.5%Reduced
Cubist Systematic Strategies, LLC135,015$679.1K0.01%+135,015New
Walleye Capital LLC130,106$654.4K0.01%−215,393−62.3%Reduced
Bank of New York Mellon Corp129,024$649.0K0.00%+646+0.5%Added
Nuveen Asset Management, LLC118,680$597.0K0.00%−57,458−32.6%Reduced
Charles Schwab Investment Management Inc114,609$576.5K0.00%00.0%Unchanged
Atom Investors LP100,718$506.6K0.12%+39,070+63.4%Added
Adage Capital Partners GP, L.L.C.100,000$503.0K0.00%−50,000−33.3%Reduced
Polar Asset Management Partners Inc.100,000$503.0K0.01%00.0%Unchanged
Schonfeld Strategic Advisors LLC91,408$459.8K0.00%−27,528−23.1%Reduced
Dimensional Fund Advisors LP88,712$445.7K0.00%−149,652−62.8%Reduced
Graham Capital Management, L.P.82,978$417.4K0.01%+53,998+186.3%Added
Citadel Advisors LLC75,742$381.0K0.00%+74,286+5,102.1%Added
Connor, Clark & Lunn Investment Management Ltd.67,957$341.8K0.00%−4,230−5.9%Reduced
Swiss National Bank67,900$341.5K0.00%00.0%Unchanged
Rhumbline Advisers59,129$297.4K0.00%+1,179+2.0%Added
Barclays PLC54,327$273.3K0.00%−208,591−79.3%Reduced
Alps Advisors Inc45,028$226.5K0.00%+3,363+8.1%Added
Parkman Healthcare Partners LLC41,728$209.9K0.04%−60,697−59.3%Reduced
Royal Bank of Canada41,190$207.0K0.00%−43,789−51.5%Reduced
Invesco Ltd.40,950$206.0K0.00%+18,955+86.2%Added
Mirae Asset Global Investments Co., Ltd.40,571$204.1K0.00%+154+0.4%Added
Susquehanna International Group, LLP39,106$196.7K0.00%−125,745−76.3%Reduced
California State Teachers Retirement System37,005$186.1K0.00%−4,666−11.2%Reduced
XTX Topco Ltd33,055$166.3K0.03%−8,426−20.3%Reduced
Credit Suisse AG32,122$161.6K0.00%−1,665−4.9%Reduced
Trexquant Investment LP31,695$159.4K0.00%−22,206−41.2%Reduced
Belvedere Trading LLC27,871$140.2K0.02%−7,457−21.1%Reduced
Bank of America Corp27,823$139.9K0.00%−15,843−36.3%Reduced
Legal & General Group Plc27,622$138.9K0.00%+2,021+7.9%Added
Bridgeway Capital Management, LLC27,500$138.3K0.00%−23,200−45.8%Reduced
Boothbay Fund Management, LLC26,366$132.6K0.00%−24,374−48.0%Reduced
Alliancebernstein L.P.25,950$130.5K0.00%+5,230+25.2%Added
MetLife Investment Management23,112$116.3K0.00%00.0%Unchanged
Deutsche Bank AG22,449$112.9K0.00%+4,121+22.5%Added
UBS Group AG21,544$108.4K0.00%−31,531−59.4%Reduced
American International Group, Inc.21,387$107.6K0.00%+760+3.7%Added
American Century Companies Inc20,812$104.7K0.00%−42−0.2%Reduced
PEAK6 Investments LLC19,097$96.1K0.00%+5,000+35.5%Added
Price T Rowe Associates Inc17,786$90.0K0.00%+800+4.7%Added
Voya Investment Management LLC17,879$89.9K0.00%+783+4.6%Added
New York State Common Retirement Fund17,640$88.7K0.00%+440+2.6%Added
AQR Capital Management LLC17,014$85.6K0.00%−1,049−5.8%Reduced
Manufacturers Life Insurance Company, The16,980$85.4K0.00%+144+0.9%Added
Pale Fire Capital SE15,202$76.5K0.01%+15,202New
Point72 Middle East FZE13,849$69.7K0.00%+13,849New
State Board of Administration of Florida Retirement System12,440$62.6K0.00%+270+2.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)11,179$56.2K0.00%−276−2.4%Reduced
Kovack Advisors, Inc.10,200$51.3K0.01%+10,200New
Wells Fargo & Company9,486$47.7K0.00%−7,827−45.2%Reduced
Virtus ETF Advisers LLC8,404$42.3K0.03%−835−9.0%Reduced
Amalgamated Bank5,705$29.0K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.3,539$17.8K0.00%00.0%Unchanged
Metropolitan Life Insurance Co2,395$12.0K0.00%00.0%Unchanged
Quantbot Technologies LP2,300$11.6K0.00%+2,300New
China Universal Asset Management Co., Ltd.1,560$7.85K0.00%+817+110.0%Added
Tower Research Capital LLC (TRC)1,054$5.30K0.00%−6,957−86.8%Reduced
Citigroup Inc837$4.21K0.00%−13,672−94.2%Reduced
Signaturefd, LLC667$3.35K0.00%+410+159.5%Added
US Bancorp297$1.49K0.00%+297New
Capital Advisors, Ltd. LLC183$1.00K0.00%−5−2.7%Reduced
Daiwa Securities Group Inc.151$1.00K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC23$1160.00%−2−8.0%Reduced
Parallel Advisors, LLC0$00.00%−161−100.0%Sold out
Deerfield Management Company, L.P. (Series C)0$00.00%−1,898,743−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−583,651−100.0%Sold out
Marshall Wace, LLP0$00.00%−356,726−100.0%Sold out
Integral Health Asset Management, LLC0$00.00%−180,000−100.0%Sold out
Victory Capital Management Inc0$00.00%−73,930−100.0%Sold out
Simplex Trading, LLC0$00.00%−40,885−100.0%Sold out