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 |
|---|---|---|---|---|---|
| Ikarian Capital, LLC | 308,491 | $851.4K | 0.28% | 00.0% | Unchanged |
| Wellington Management Group LLP | 321,163 | $886.4K | 0.00% | +98,649+44.3% | Added |
| Acuta Capital Partners, LLC | 325,550 | $898.5K | 1.04% | −121,950−27.3% | Reduced |
| UBS Oconnor LLC | 336,144 | $927.8K | 0.02% | +195,844+139.6% | Added |
| Salem Investment Counselors Inc | 346,850 | $957.3K | 0.03% | +1250.0% | Added |
| Deutsche Bank AG | 385,477 | $1.06M | 0.00% | −12,902−3.2% | Reduced |
| Schroder Investment Management Group | 376,204 | $1.10M | 0.00% | +272,696+263.5% | Added |
| SG Americas Securities, LLC | 413,822 | $1.14M | 0.00% | +380,489+1,141.5% | Added |
| Goldman Sachs Group Inc | 415,021 | $1.15M | 0.00% | +71,971+21.0% | Added |
| BNP Paribas Arbitrage, SA | 453,981 | $1.25M | 0.00% | +229,716+102.4% | Added |
| Jacobs Levy Equity Management, Inc | 494,877 | $1.37M | 0.01% | +494,877 | New |
| Northern Trust Corp | 584,188 | $1.61M | 0.00% | −6,983−1.2% | Reduced |
| Walleye Capital LLC | 594,190 | $1.64M | 0.02% | +475,294+399.8% | Added |
| Barclays PLC | 653,037 | $1.80M | 0.00% | −51,334−7.3% | Reduced |
| Qube Research & Technologies Ltd | 695,159 | $1.92M | 0.00% | +380,770+121.1% | Added |
| Integral Health Asset Management, LLC | 700,000 | $1.93M | 0.21% | +250,000+55.6% | Added |
| Driehaus Capital Management LLC | 763,486 | $2.11M | 0.02% | −898,360−54.1% | Reduced |
| Bank of America Corp | 812,042 | $2.24M | 0.00% | +614,816+311.7% | Added |
| UBS Group AG | 933,106 | $2.58M | 0.00% | +531,448+132.3% | Added |
| Parkman Healthcare Partners LLC | 959,703 | $2.65M | 0.31% | +130,598+15.8% | Added |
| Millennium Management LLC | 1,117,442 | $3.08M | 0.00% | −492,773−30.6% | Reduced |
| State Street Corp | 1,324,517 | $3.66M | 0.00% | +37,474+2.9% | Added |
| Superstring Capital Management LP | 1,357,153 | $3.75M | 4.47% | −663,409−32.8% | Reduced |
| Nuveen, LLC | 1,405,901 | $3.88M | 0.00% | +1,405,901 | New |
| Renaissance Technologies LLC | 1,433,834 | $3.96M | 0.01% | +810,700+130.1% | Added |
| Geode Capital Management, LLC | 1,574,204 | $4.35M | 0.00% | +57,726+3.8% | Added |
| Dimensional Fund Advisors LP | 1,706,201 | $4.71M | 0.00% | +403,269+31.0% | Added |
| Acorn Capital Advisors, LLC | 1,971,264 | $5.44M | 3.63% | 00.0% | Unchanged |
| Candriam Luxembourg S.C.A. | 2,153,969 | $5.95M | 0.04% | 00.0% | Unchanged |
| Schonfeld Strategic Advisors LLC | 3,844,867 | $10.6M | 0.07% | −906,639−19.1% | Reduced |
| Citadel Advisors LLC | 3,907,887 | $10.8M | 0.01% | +640,108+19.6% | Added |
| Vanguard Group Inc | 4,152,156 | $11.5M | 0.00% | +282,574+7.3% | Added |
| Deep Track Capital, LP | 5,576,558 | $15.4M | 0.50% | 00.0% | Unchanged |
| BlackRock, Inc. | 5,706,632 | $15.8M | 0.00% | −36,850−0.6% | Reduced |
| Vivo Capital, LLC | 6,895,746 | $19.0M | 2.52% | 00.0% | Unchanged |
| Morgan Stanley | 7,110,105 | $19.6M | 0.00% | +3,762,298+112.4% | Added |
| OrbiMed Advisors LLC | 7,562,971 | $20.9M | 0.50% | 00.0% | Unchanged |
| Soleus Capital Management, L.P. | 8,167,100 | $22.5M | 1.77% | +24,600+0.3% | Added |
| VR Adviser, LLC | 0 | $0 | 0.00% | −1,077,090−100.0% | Sold out |
| Bellevue Group AG | 0 | $0 | 0.00% | −1,061,753−100.0% | Sold out |
| Norges Bank | 0 | $0 | 0.00% | −849,389−100.0% | Sold out |
| Boxer Capital Management, LLC | 0 | $0 | 0.00% | −752,000−100.0% | Sold out |
| Altium Capital Management LP | 0 | $0 | 0.00% | −475,000−100.0% | Sold out |
| Alyeska Investment Group, L.P. | 0 | $0 | 0.00% | −150,000−100.0% | Sold out |
| HighVista Strategies LLC | 0 | $0 | 0.00% | −130,966−100.0% | Sold out |
| HighTower Advisors, LLC | 0 | $0 | 0.00% | −84,430−100.0% | Sold out |
| NEOS Investment Management LLC | 0 | $0 | 0.00% | −79,696−100.0% | Sold out |
| Tema ETFs LLC | 0 | $0 | 0.00% | −79,696−100.0% | Sold out |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | $0 | 0.00% | −74,858−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −67,002−100.0% | Sold out |
| Crestline Management, LP | 0 | $0 | 0.00% | −66,599−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −64,666−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −59,720−100.0% | Sold out |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −57,341−100.0% | Sold out |
| Bleakley Financial Group, LLC | 0 | $0 | 0.00% | −48,296−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −36,679−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −26,940−100.0% | Sold out |
| Brinker Capital Investments, LLC | 0 | $0 | 0.00% | −22,211−100.0% | Sold out |
| Orion Portfolio Solutions, LLC | 0 | $0 | 0.00% | −22,211−100.0% | Sold out |
| LMR Partners LLP | 0 | $0 | 0.00% | −20,000−100.0% | Sold out |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −19,350−100.0% | Sold out |
| Sherbrooke Park Advisers LLC | 0 | $0 | 0.00% | −17,846−100.0% | Sold out |
| AQR Capital Management LLC | 0 | $0 | 0.00% | −16,868−100.0% | Sold out |
| Savant Capital, LLC | 0 | $0 | 0.00% | −16,083−100.0% | Sold out |
| TownSquare Capital, LLC | 0 | $0 | 0.00% | −13,809−100.0% | Sold out |
| Creative Planning | 0 | $0 | 0.00% | −12,858−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −10,816−100.0% | Sold out |
| Virtus ETF Advisers LLC | 0 | $0 | 0.00% | −10,788−100.0% | Sold out |
| Advisor Group Holdings, Inc. | 0 | $0 | 0.00% | −3,690−100.0% | Sold out |
| R Squared Ltd | 0 | $0 | 0.00% | −1,130−100.0% | Sold out |
| Penserra Capital Management LLC | 0 | $0 | 0.00% | −1,188−100.0% | Sold out |
| Larson Financial Group LLC | 0 | $0 | 0.00% | −917−100.0% | Sold out |
| GAMMA Investing LLC | 0 | $0 | 0.00% | −418−100.0% | Sold out |
| Signaturefd, LLC | 0 | $0 | 0.00% | −376−100.0% | Sold out |
| Skopos Labs, Inc. | 0 | $0 | 0.00% | −161−100.0% | Sold out |
| SRS Capital Advisors, Inc. | 0 | $0 | 0.00% | −103−100.0% | Sold out |
| Versant Capital Management, Inc | 0 | $0 | 0.00% | −36−100.0% | Sold out |
| Farther Finance Advisors, LLC | 0 | $0 | 0.00% | −27−100.0% | Sold out |
| True Wealth Design, LLC | 0 | $0 | 0.00% | −11−100.0% | Sold out |
| EverSource Wealth Advisors, LLC | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| Nuveen Asset Management, LLC | – | – | – | – | Not filed |