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 2025
Institutional positions in Terns Pharmaceuticals, Inc. as of Mar 31, 2025. 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
- 138
- −18 vs. Q4 2024
- Shares held
- 83.1M
- −423.9K (−0.5%) vs. Q4 2024
- Total value
- $229.4M
- −$233.3M (−50.4%) vs. Q4 2024
- New holders
- 24
- 47 more added
- Sold out
- 42
- 40 more reduced
1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1 | $75.4K |
| Q1 2026 | 317 | $6.56B |
| Q4 2025 | 248 | $4.95B |
| Q3 2025 | 141 | $665.7M |
| Q2 2025 | 130 | $310.0M |
| Q1 2025 | 138 | $229.4M |
| Q4 2024 | 157 | $477.2M |
| Q3 2024 | 156 | $663.1M |
| Q2 2024 | 126 | $446.7M |
| Q1 2024 | 112 | $414.8M |
| Q4 2023 | 103 | $412.7M |
| Q3 2023 | 93 | $310.4M |
| Q2 2023 | 103 | $505.0M |
| Q1 2023 | 79 | $630.2M |
| Q4 2022 | 65 | $506.2M |
| Q3 2022 | 45 | $178.1M |
| Q2 2022 | 42 | $36.5M |
| Q1 2022 | 44 | $50.0M |
| Q4 2021 | 37 | $116.7M |
| Q3 2021 | 34 | $174.3M |
| Q2 2021 | 36 | $203.8M |
| Q1 2021 | 42 | $393.7M |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Soleus Capital Management, L.P. | 8,167,100 | $22.5M | 1.77% | +24,600+0.3% | Added |
| OrbiMed Advisors LLC | 7,562,971 | $20.9M | 0.50% | 00.0% | Unchanged |
| Morgan Stanley | 7,110,105 | $19.6M | 0.00% | +3,762,298+112.4% | Added |
| Vivo Capital, LLC | 6,895,746 | $19.0M | 2.52% | 00.0% | Unchanged |
| BlackRock, Inc. | 5,706,632 | $15.8M | 0.00% | −36,850−0.6% | Reduced |
| Deep Track Capital, LP | 5,576,558 | $15.4M | 0.50% | 00.0% | Unchanged |
| Vanguard Group Inc | 4,152,156 | $11.5M | 0.00% | +282,574+7.3% | Added |
| Citadel Advisors LLC | 3,907,887 | $10.8M | 0.01% | +640,108+19.6% | Added |
| Schonfeld Strategic Advisors LLC | 3,844,867 | $10.6M | 0.07% | −906,639−19.1% | Reduced |
| Candriam Luxembourg S.C.A. | 2,153,969 | $5.95M | 0.04% | 00.0% | Unchanged |
| Acorn Capital Advisors, LLC | 1,971,264 | $5.44M | 3.63% | 00.0% | Unchanged |
| Dimensional Fund Advisors LP | 1,706,201 | $4.71M | 0.00% | +403,269+31.0% | Added |
| Geode Capital Management, LLC | 1,574,204 | $4.35M | 0.00% | +57,726+3.8% | Added |
| Renaissance Technologies LLC | 1,433,834 | $3.96M | 0.01% | +810,700+130.1% | Added |
| Nuveen, LLC | 1,405,901 | $3.88M | 0.00% | +1,405,901 | New |
| Superstring Capital Management LP | 1,357,153 | $3.75M | 4.47% | −663,409−32.8% | Reduced |
| State Street Corp | 1,324,517 | $3.66M | 0.00% | +37,474+2.9% | Added |
| Millennium Management LLC | 1,117,442 | $3.08M | 0.00% | −492,773−30.6% | Reduced |
| Parkman Healthcare Partners LLC | 959,703 | $2.65M | 0.31% | +130,598+15.8% | Added |
| UBS Group AG | 933,106 | $2.58M | 0.00% | +531,448+132.3% | Added |
| Bank of America Corp | 812,042 | $2.24M | 0.00% | +614,816+311.7% | Added |
| Driehaus Capital Management LLC | 763,486 | $2.11M | 0.02% | −898,360−54.1% | Reduced |
| Integral Health Asset Management, LLC | 700,000 | $1.93M | 0.21% | +250,000+55.6% | Added |
| Qube Research & Technologies Ltd | 695,159 | $1.92M | 0.00% | +380,770+121.1% | Added |
| Barclays PLC | 653,037 | $1.80M | 0.00% | −51,334−7.3% | Reduced |
| Walleye Capital LLC | 594,190 | $1.64M | 0.02% | +475,294+399.8% | Added |
| Northern Trust Corp | 584,188 | $1.61M | 0.00% | −6,983−1.2% | Reduced |
| Jacobs Levy Equity Management, Inc | 494,877 | $1.37M | 0.01% | +494,877 | New |
| BNP Paribas Arbitrage, SA | 453,981 | $1.25M | 0.00% | +229,716+102.4% | Added |
| Goldman Sachs Group Inc | 415,021 | $1.15M | 0.00% | +71,971+21.0% | Added |
| SG Americas Securities, LLC | 413,822 | $1.14M | 0.00% | +380,489+1,141.5% | Added |
| Schroder Investment Management Group | 376,204 | $1.10M | 0.00% | +272,696+263.5% | Added |
| Deutsche Bank AG | 385,477 | $1.06M | 0.00% | −12,902−3.2% | Reduced |
| Salem Investment Counselors Inc | 346,850 | $957.3K | 0.03% | +1250.0% | Added |
| UBS Oconnor LLC | 336,144 | $927.8K | 0.02% | +195,844+139.6% | Added |
| Acuta Capital Partners, LLC | 325,550 | $898.5K | 1.04% | −121,950−27.3% | Reduced |
| Wellington Management Group LLP | 321,163 | $886.4K | 0.00% | +98,649+44.3% | Added |
| Ikarian Capital, LLC | 308,491 | $851.4K | 0.28% | 00.0% | Unchanged |
| Woodline Partners LP | 301,612 | $832.4K | 0.01% | −10,000−3.2% | Reduced |
| JPMorgan Chase & Co | 294,195 | $812.0K | 0.00% | +242,365+467.6% | Added |
| LPL Financial LLC | 240,575 | $664.0K | 0.00% | −11,750−4.7% | Reduced |
| Polymer Capital Management (HK) LTD | 239,110 | $659.9K | 0.11% | +62,110+35.1% | Added |
| Graham Capital Management, L.P. | 226,295 | $624.6K | 0.02% | +93,296+70.1% | Added |
| Charles Schwab Investment Management Inc | 206,450 | $569.8K | 0.00% | 00.0% | Unchanged |
| Samsara BioCapital, LLC | 202,348 | $558.5K | 0.10% | 00.0% | Unchanged |
| Infinitum Asset Management, LLC | 200,000 | $552.0K | 0.18% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 186,913 | $515.9K | 0.00% | +605+0.3% | Added |
| Point72 Asset Management, L.P. | 160,725 | $443.6K | 0.00% | −1,091,116−87.2% | Reduced |
| Marshall Wace, LLP | 144,644 | $399.2K | 0.00% | −658,692−82.0% | Reduced |
| Trexquant Investment LP | 139,609 | $385.3K | 0.00% | −113,638−44.9% | Reduced |
| Exchange Traded Concepts, LLC | 137,663 | $379.9K | 0.01% | −5,256−3.7% | Reduced |
| Balyasny Asset Management LLC | 127,887 | $353.0K | 0.00% | +127,887 | New |
| Two Sigma Investments, LP | 127,472 | $351.8K | 0.00% | +32,783+34.6% | Added |
| Boothbay Fund Management, LLC | 126,830 | $350.1K | 0.01% | 00.0% | Unchanged |
| American Century Companies Inc | 113,757 | $314.0K | 0.00% | +532+0.5% | Added |
| Cinctive Capital Management LP | 109,997 | $303.6K | 0.02% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 109,600 | $302.5K | 0.00% | +109,600 | New |
| E. Ohman J:or Asset Management AB | 102,410 | $282.7K | 0.01% | +22,032+27.4% | Added |
| SummitTX Capital, L.P. | 100,133 | $276.4K | 0.01% | +100,133 | New |
| Rhumbline Advisers | 96,659 | $266.8K | 0.00% | −1,233−1.3% | Reduced |
| Susquehanna International Group, LLP | 91,174 | $251.6K | 0.00% | +55,285+154.0% | Added |
| Squarepoint Ops LLC | 86,728 | $239.4K | 0.00% | +73,603+560.8% | Added |
| Martingale Asset Management L P | 83,038 | $229.2K | 0.01% | −15,068−15.4% | Reduced |
| Price T Rowe Associates Inc | 76,052 | $210.0K | 0.00% | −1,428,186−94.9% | Reduced |
| EntryPoint Capital, LLC | 73,293 | $202.3K | 0.09% | +12,905+21.4% | Added |
| J. Goldman & Co LP | 67,500 | $186.3K | 0.01% | −168,331−71.4% | Reduced |
| Alliancebernstein L.P. | 64,100 | $176.9K | 0.00% | −298,259−82.3% | Reduced |
| Invesco Ltd. | 58,345 | $161.0K | 0.00% | +34,945+149.3% | Added |
| Diadema Partners LP | 56,098 | $154.8K | 0.12% | +5,728+11.4% | Added |
| Citigroup Inc | 54,182 | $149.5K | 0.00% | −4,998−8.4% | Reduced |
| Wells Fargo & Company | 41,889 | $115.6K | 0.00% | +923+2.3% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 41,578 | $114.8K | 0.00% | +1,794+4.5% | Added |
| State of Wisconsin Investment Board | 41,502 | $114.5K | 0.00% | +14,683+54.7% | Added |
| Intech Investment Management LLC | 39,922 | $110.2K | 0.00% | +21,451+116.1% | Added |
| Man Group plc | 38,472 | $106.2K | 0.00% | +38,472 | New |
| Corebridge Financial, Inc. | 34,440 | $95.1K | 0.00% | −511−1.5% | Reduced |
| Oxford Asset Management LLP | 33,027 | $91.2K | 0.04% | +17,571+113.7% | Added |
| Cubist Systematic Strategies, LLC | 28,327 | $78.2K | 0.00% | +16,363+136.8% | Added |
| Russell Investments Group, Ltd. | 28,188 | $77.8K | 0.00% | −600,207−95.5% | Reduced |
| Manufacturers Life Insurance Company, The | 25,165 | $69.5K | 0.00% | +787+3.2% | Added |
| Virtus Investment Advisers, Inc. | 24,913 | $68.8K | 0.02% | +24,913 | New |
| HSBC Holdings PLC | 23,515 | $66.4K | 0.00% | −12,383−34.5% | Reduced |
| MetLife Investment Management | 21,880 | $60.4K | 0.00% | −21,880−50.0% | Reduced |
| Axq Capital, LP | 21,460 | $59.2K | 0.02% | +21,460 | New |
| Stoneridge Investment Partners LLC | 20,603 | $57.0K | 0.05% | 00.0% | Unchanged |
| Voya Investment Management LLC | 19,796 | $54.6K | 0.00% | −684−3.3% | Reduced |
| Ameriprise Financial Inc | 19,166 | $52.9K | 0.00% | +19,166 | New |
| ProShare Advisors LLC | 19,051 | $52.6K | 0.00% | −4,770−20.0% | Reduced |
| Dynamic Technology Lab Private Ltd | 18,578 | $51.0K | 0.01% | +18,578 | New |
| New York State Common Retirement Fund | 17,571 | $48.5K | 0.00% | 00.0% | Unchanged |
| Prelude Capital Management, LLC | 17,500 | $48.3K | 0.00% | +17,500 | New |
| China Universal Asset Management Co., Ltd. | 17,037 | $47.0K | 0.00% | −973−5.4% | Reduced |
| Velan Capital Investment Management LP | 17,000 | $46.9K | 0.05% | 00.0% | Unchanged |
| JustInvest LLC | 16,238 | $44.8K | 0.00% | +16,238 | New |
| CIBC World Markets Corp | 15,599 | $43.1K | 0.00% | +15,599 | New |
| Police & Firemen's Retirement System of New Jersey | 15,010 | $41.4K | 0.00% | 00.0% | Unchanged |
| Vontobel Holding Ltd. | 14,000 | $38.6K | 0.00% | +14,000 | New |
| Jump Financial, LLC | 13,900 | $38.4K | 0.00% | −48,501−77.7% | Reduced |
| Baird Financial Group, Inc. | 13,665 | $37.7K | 0.00% | −355−2.5% | Reduced |
| Landscape Capital Management, L.L.C. | 13,196 | $36.4K | 0.00% | 00.0% | Unchanged |