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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.

Q1 2025 vs. Q4 2024

How the institutions holding Terns Pharmaceuticals, Inc. changed between Q4 2024 and Q1 2025.

All holders in Q1 2025All holders in Q4 2024

13F holders of TERN: Q4 2024 compared with Q1 2025
MeasureQ4 2024Of which not filed for Q1 2025Q1 2025Change
Holders1571138−18
Shares86.1M2.63M83.1M−423.9K (−0.5%)
Value$477.2M$14.6M$229.4M−$233.3M (−50.4%)

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (24)

Institutions that held Terns Pharmaceuticals, Inc. at the end of Q1 2025 but not at the end of Q4 2024.

Institutions new to TERN in Q1 2025
InstitutionSharesValue% of portfolio
Nuveen, LLC1,405,901$3.88M0.00%
Jacobs Levy Equity Management, Inc494,877$1.37M0.01%
Balyasny Asset Management LLC127,887$353.0K0.00%
Two Sigma Advisers, LP109,600$302.5K0.00%
SummitTX Capital, L.P.100,133$276.4K0.01%
Man Group plc38,472$106.2K0.00%
Virtus Investment Advisers, Inc.24,913$68.8K0.02%
Axq Capital, LP21,460$59.2K0.02%
Ameriprise Financial Inc19,166$52.9K0.00%
Dynamic Technology Lab Private Ltd18,578$51.0K0.01%
Prelude Capital Management, LLC17,500$48.3K0.00%
JustInvest LLC16,238$44.8K0.00%
CIBC World Markets Corp15,599$43.1K0.00%
Vontobel Holding Ltd.14,000$38.6K0.00%
Point72 (DIFC) Ltd11,948$33.0K0.00%
Thrive Wealth Management, LLC10,500$29.0K0.01%
Public Employees Retirement System of Ohio5,673$15.7K0.00%
US Bancorp2,450$6.76K0.00%
Coldstream Capital Management Inc998$2.75K0.00%
Caitong International Asset Management Co., Ltd531$1.47K0.00%
The PNC Financial Services Group, Inc.483$1.33K0.00%
CoreCap Advisors, LLC400$1.10K0.00%
Clear Street Markets LLC184$5080.00%
Allworth Financial LP85$2600.00%

Sold out (42)

Institutions that held Terns Pharmaceuticals, Inc. at the end of Q4 2024 and filed for Q1 2025 without it.

Institutions that sold out of TERN in Q1 2025
InstitutionShares, Q4 2024Value, Q4 2024
VR Adviser, LLC1,077,090$5.97M
Bellevue Group AG1,061,753$5.88M
Norges Bank849,389$4.71M
Boxer Capital Management, LLC752,000$4.17M
Altium Capital Management LP475,000$2.63M
Alyeska Investment Group, L.P.150,000$831.0K
HighVista Strategies LLC130,966$725.6K
HighTower Advisors, LLC84,430$467.7K
NEOS Investment Management LLC79,696$441.5K
Tema ETFs LLC79,696$441.5K
Connor, Clark & Lunn Investment Management Ltd.74,858$414.7K
Y-Intercept (Hong Kong) Ltd67,002$371.2K
Crestline Management, LP66,599$369.0K
Engineers Gate Manager LP64,666$358.3K
Voloridge Investment Management, LLC59,720$330.8K
D. E. Shaw & Co., Inc.57,341$317.7K
Bleakley Financial Group, LLC48,296$267.6K
Jane Street Group, LLC36,679$203.2K
Gsa Capital Partners LLP26,940$149.0K
Brinker Capital Investments, LLC22,211$123.0K
Orion Portfolio Solutions, LLC22,211$123.0K
LMR Partners LLP20,000$110.8K
Verition Fund Management LLC19,350$107.2K
Sherbrooke Park Advisers LLC17,846$98.9K
AQR Capital Management LLC16,868$93.4K
Savant Capital, LLC16,083$89.1K
TownSquare Capital, LLC13,809$76.5K
Creative Planning12,858$71.2K
ExodusPoint Capital Management, LP10,816$60.0K
Virtus ETF Advisers LLC10,788$59.8K
Advisor Group Holdings, Inc.3,690$20.4K
R Squared Ltd1,130$6.26K
Penserra Capital Management LLC1,188$6.00K
Larson Financial Group LLC917$5.08K
GAMMA Investing LLC418$2.32K
Signaturefd, LLC376$2.08K
Skopos Labs, Inc.161$892
SRS Capital Advisors, Inc.103$571
Versant Capital Management, Inc36$199
Farther Finance Advisors, LLC27$150
True Wealth Design, LLC11$61
EverSource Wealth Advisors, LLC5$28

Not filed for Q1 2025 yet (1)

Institutions that held Terns Pharmaceuticals, Inc. at the end of Q4 2024 and haven't filed a 13F for Q1 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding TERN in Q4 2024 that haven't filed for Q1 2025
InstitutionShares, Q4 2024Value, Q4 2024
Nuveen Asset Management, LLC2,633,918$14.6M