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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, Q1 2024

Institutional positions in Terns Pharmaceuticals, Inc. as of Mar 31, 2024. 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
112
+10 vs. Q4 2023
Shares held
63.2M
−335.1K (−0.5%) vs. Q4 2023
Total value
$414.8M
+$2.23M (+0.5%) vs. Q4 2023
New holders
27
36 more added
Sold out
17
34 more reduced

1 institution that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2024: 112 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 heldQ1 2024: $414.8M
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, Q1 2024

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q4 2023.

Institutions holding TERN in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Fairmount Funds Management LLC2,040,000$13.4M1.46%00.0%Unchanged
Vanguard Group Inc2,199,006$14.4M0.00%+11,535+0.5%Added
Point72 Asset Management, L.P.2,221,200$14.6M0.04%+2,221,200New
Franklin Resources Inc2,381,896$15.6M0.00%+74,062+3.2%Added
FMR LLC2,762,126$18.1M0.00%−228,276−7.6%Reduced
Citadel Advisors LLC2,965,586$19.5M0.02%+2,930,946+8,461.2%Added
BlackRock Inc.3,315,529$21.7M0.00%−93,449−2.7%Reduced
VR Adviser, LLC3,410,058$22.4M1.06%−1,087,059−24.2%Reduced
Millennium Management LLC3,432,792$22.5M0.02%+1,444,151+72.6%Added
Deep Track Capital, LP6,100,000$40.0M1.15%00.0%Unchanged
Vivo Capital, LLC6,657,992$43.7M3.43%00.0%Unchanged
OrbiMed Advisors LLC7,619,135$50.0M0.98%00.0%Unchanged
Braidwell LP0$00.00%−2,318,050−100.0%Sold out
Perceptive Advisors LLC0$00.00%−1,075,000−100.0%Sold out
Decheng Capital LLC0$00.00%−714,285−100.0%Sold out
Pale Fire Capital SE0$00.00%−49,014−100.0%Sold out
Mirae Asset Global Investments Co., Ltd.0$00.00%−40,679−100.0%Sold out
Belvedere Trading LLC0$00.00%−25,963−100.0%Sold out
Walleye Capital LLC0$00.00%−25,295−100.0%Sold out
Martingale Asset Management L P0$00.00%−15,469−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−13,854−100.0%Sold out
State Board of Administration of Florida Retirement System0$00.00%−12,440−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−10,842−100.0%Sold out
Bleakley Financial Group, LLC0$00.00%−10,452−100.0%Sold out
AJOVista, LLC0$00.00%−8,943−100.0%Sold out
Quantbot Technologies LP0$00.00%−4,498−100.0%Sold out
Fortitude Family Office, LLC0$00.00%−300−100.0%Sold out
Simplex Trading, LLC0$00.00%−170−100.0%Sold out
ICA Group Wealth Management, LLC0$00.00%−80−100.0%Sold out
Sawtooth Solutions, LLC––––Not filed