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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 2024

Institutional positions in Terns Pharmaceuticals, Inc. as of Sep 30, 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
156
+31 vs. Q2 2024
Shares held
79.5M
+18.0M (+29.4%) vs. Q2 2024
Total value
$663.1M
+$244.5M (+58.4%) vs. Q2 2024
New holders
54
52 more added
Sold out
23
37 more reduced

1 institution that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2024: 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 2024: 156 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 2024: $663.1M
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 2024

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q2 2024.

Institutions holding TERN in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
CWM, LLC24$00.00%+22+1,100.0%Added
Capital Performance Advisors LLP23$1920.00%+23New
Farther Finance Advisors, LLC27$2250.00%00.0%Unchanged
Lindbrook Capital, LLC63$5250.00%+1+1.6%Added
Rothschild Investment LLC110$9170.00%+70+175.0%Added
Daiwa Securities Group Inc.151$1.00K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC153$1.28K0.00%+52+51.5%Added
Sterling Capital Management LLC183$1.53K0.00%+183New
Capital Advisors, Ltd. LLC183$2.00K0.00%00.0%Unchanged
Bessemer Group Inc185$2.00K0.00%+185New
ZRC Wealth Management, LLC281$2.34K0.00%+16+6.0%Added
Signaturefd, LLC323$2.69K0.00%+224+226.3%Added
Parallel Advisors, LLC337$2.81K0.00%00.0%Unchanged
Federated Hermes, Inc.483$4.03K0.00%−733−60.3%Reduced
Prestige Wealth Management Group LLC500$4.17K0.00%+500New
GAMMA Investing LLC583$4.86K0.00%+170+41.2%Added
Penserra Capital Management LLC868$7.00K0.00%+868New
North Star Investment Management Corp.1,110$9.26K0.00%+1,110New
HHM Wealth Advisors, LLC1,400$11.7K0.00%00.0%Unchanged
Amalgamated Bank1,445$12.0K0.00%00.0%Unchanged
CIBC Private Wealth Group, LLC2,000$16.7K0.00%+1,000+100.0%Added
Mirae Asset Global Investments Co., Ltd.2,545$21.8K0.00%+614+31.8%Added
Simplex Trading, LLC3,690$30.0K0.00%−17,553−82.6%Reduced
California State Teachers Retirement System4,171$34.8K0.00%00.0%Unchanged
Legal & General Group Plc5,077$42.3K0.00%+23+0.5%Added
Ameritas Investment Partners, Inc.5,640$47.0K0.00%00.0%Unchanged
nVerses Capital, LLC5,700$47.5K0.02%+5,700New
Tower Research Capital LLC (TRC)6,117$51.0K0.00%−2,608−29.9%Reduced
Royal Bank of Canada7,680$65.0K0.00%−181−2.3%Reduced
Aster Capital Management (DIFC) Ltd9,316$77.7K0.02%+9,316New
Sio Capital Management, LLC10,000$83.4K0.04%+10,000New
Tudor Investment Corp Et Al10,263$85.6K0.00%−5,490−34.9%Reduced
Bridgefront Capital, LLC10,316$86.0K0.03%+10,316New
Alera Investment Advisors, LLC10,868$90.6K0.01%+676+6.6%Added
Axq Capital, LP11,172$93.2K0.03%+11,172New
Nebula Research & Development LLC11,328$94.5K0.01%+11,328New
HSBC Holdings PLC11,356$95.0K0.00%+1,199+11.8%Added
Virtus ETF Advisers LLC11,550$96.3K0.05%+206+1.8%Added
State Board of Administration of Florida Retirement System12,440$103.8K0.00%00.0%Unchanged
Entropy Technologies, LP12,700$105.9K0.01%+12,700New
Bleakley Financial Group, LLC13,312$111.0K0.00%+2,751+26.0%Added
Graham Capital Management, L.P.13,338$111.2K0.00%−18,771−58.5%Reduced
China Universal Asset Management Co., Ltd.13,535$112.9K0.01%+5,935+78.1%Added
Baird Financial Group, Inc.14,209$118.5K0.00%+14,209New
ProShare Advisors LLC15,037$125.4K0.00%+15,037New
Brevan Howard Capital Management LP15,682$130.8K0.01%+15,682New
Leonteq Securities AG16,000$133.4K0.02%+16,000New
Intech Investment Management LLC17,369$144.9K0.00%+17,369New
New York State Common Retirement Fund17,571$146.5K0.00%00.0%Unchanged
XTX Topco Ltd17,696$147.6K0.01%+17,696New
Omers Administration Corp18,300$152.6K0.00%+18,300New
Prelude Capital Management, LLC18,778$156.6K0.01%−13,309−41.5%Reduced
Voya Investment Management LLC19,167$159.9K0.00%−456−2.3%Reduced
Acadian Asset Management LLC19,436$162.0K0.00%+19,436New
LMR Partners LLP20,000$166.8K0.00%+20,000New
Invesco Ltd.20,647$172.2K0.00%−654−3.1%Reduced
HRT Financial LP23,637$197.0K0.00%+23,637New
SG Americas Securities, LLC23,810$199.0K0.00%+23,810New
Polymer Capital Management (HK) LTD24,000$200.2K0.05%+24,000New
ADAR1 Capital Management, LLC24,702$206.0K0.03%+9,702+64.7%Added
Creative Planning25,310$211.1K0.00%+5,409+27.2%Added
Wells Fargo & Company26,120$217.8K0.00%+1,039+4.1%Added
Dark Forest Capital Management LP26,269$219.1K0.03%+26,269New
Corebridge Financial, Inc.30,782$256.7K0.00%−190−0.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.31,523$262.9K0.00%+8,745+38.4%Added
Engineers Gate Manager LP32,368$269.9K0.01%−7,172−18.1%Reduced
Two Sigma Advisers, LP32,600$271.9K0.00%+4,300+15.2%Added
MetLife Investment Management34,260$285.7K0.00%00.0%Unchanged
Y-Intercept (Hong Kong) Ltd36,392$303.5K0.02%−27,071−42.7%Reduced
D. E. Shaw & Co., Inc.37,471$312.5K0.00%+10,506+39.0%Added
PDT Partners, LLC37,987$316.8K0.03%−42,383−52.7%Reduced
Jump Financial, LLC41,000$341.9K0.01%+41,000New
Scientech Research LLC45,449$379.0K0.08%+45,449New
Susquehanna International Group, LLP45,878$382.6K0.00%+10,048+28.0%Added
UBS Oconnor LLC48,000$400.3K0.01%+48,000New
Citigroup Inc49,655$414.1K0.00%−311,425−86.2%Reduced
LPL Financial LLC50,750$423.3K0.00%−78,875−60.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.53,013$442.1K0.00%+53,013New
Squarepoint Ops LLC53,518$446.3K0.00%+53,518New
Monashee Investment Management LLC54,400$453.7K0.05%+54,400New
Bank of America Corp58,565$488.4K0.00%−218,172−78.8%Reduced
JPMorgan Chase & Co59,536$496.5K0.00%−93,544−61.1%Reduced
E. Ohman J:or Asset Management AB61,775$515.2K0.01%+61,775New
Virtu Financial LLC62,216$519.0K0.03%+32,624+110.2%Added
Manufacturers Life Insurance Company, The66,100$551.3K0.00%+43,455+191.9%Added
UBS Group AG69,398$578.8K0.00%−17,934−20.5%Reduced
Martingale Asset Management L P74,073$617.8K0.01%+74,073New
Rhumbline Advisers84,413$704.0K0.00%−4,228−4.8%Reduced
American Century Companies Inc84,895$708.0K0.00%+20,776+32.4%Added
MYDA Advisors LLC87,500$729.8K0.21%−52,500−37.5%Reduced
Barclays PLC94,902$791.5K0.00%−100,540−51.4%Reduced
Siren, L.L.C.100,000$834.0K0.04%+100,000New
TD Asset Management Inc99,446$850.3K0.00%+99,446New
Quest Partners LLC104,535$871.8K0.08%+104,535New
Marshall Wace, LLP104,758$873.7K0.00%+78,773+303.1%Added
Schroder Investment Management Group103,508$885.0K0.00%−151,176−59.4%Reduced
Exchange Traded Concepts, LLC106,556$888.7K0.02%+7,784+7.9%Added
Quantbot Technologies LP120,838$1.01M0.04%+117,079+3,114.6%Added
Jane Street Group, LLC121,593$1.01M0.00%−21,739−15.2%Reduced
Boothbay Fund Management, LLC126,836$1.06M0.03%−39,804−23.9%Reduced