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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, Q4 2023

Institutional positions in Terns Pharmaceuticals, Inc. as of Dec 31, 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
+11 vs. Q3 2023
Shares held
63.6M
+2.59M (+4.2%) vs. Q3 2023
Total value
$412.7M
+$105.9M (+34.5%) vs. Q3 2023
New holders
26
33 more added
Sold out
15
22 more reduced

1 institution that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 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 heldQ4 2023: $412.7M
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, Q4 2023

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q3 2023.

Institutions holding TERN in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Deep Track Capital, LP6,100,000$39.6M1.39%+100,000+1.7%Added
Vivo Capital, LLC6,657,992$43.2M3.54%00.0%Unchanged
OrbiMed Advisors LLC7,619,135$49.4M0.99%00.0%Unchanged
Point72 Asset Management, L.P.0$00.00%−571,265−100.0%Sold out
Renaissance Technologies LLC0$00.00%−290,100−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−135,015−100.0%Sold out
Polar Asset Management Partners Inc.0$00.00%−100,000−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−82,978−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−67,957−100.0%Sold out
Alps Advisors Inc0$00.00%−45,028−100.0%Sold out
Parkman Healthcare Partners LLC0$00.00%−41,728−100.0%Sold out
XTX Topco Ltd0$00.00%−33,055−100.0%Sold out
Trexquant Investment LP0$00.00%−31,695−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−27,500−100.0%Sold out
PEAK6 Investments LLC0$00.00%−19,097−100.0%Sold out
AQR Capital Management LLC0$00.00%−17,014−100.0%Sold out
Point72 Middle East FZE0$00.00%−13,849−100.0%Sold out
Kovack Advisors, Inc.0$00.00%−10,200−100.0%Sold out
Decheng Capital Management III (Cayman), LLC––––Not filed