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 2025
Institutional positions in Terns Pharmaceuticals, Inc. as of Sep 30, 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
- 141
- +11 vs. Q2 2025
- Shares held
- 88.6M
- +5.52M (+6.6%) vs. Q2 2025
- Total value
- $665.7M
- +$355.7M (+114.7%) vs. Q2 2025
- New holders
- 26
- 44 more added
- Sold out
- 15
- 42 more reduced
Compare with Q2 2025: 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, Q3 2025
Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Soleus Capital Management, L.P. | 8,127,100 | $61.0M | 3.26% | −40,000−0.5% | Reduced |
| Morgan Stanley | 7,589,095 | $57.0M | 0.00% | +335,626+4.6% | Added |
| OrbiMed Advisors LLC | 7,562,971 | $56.8M | 1.36% | 00.0% | Unchanged |
| Deep Track Capital, LP | 7,495,000 | $56.3M | 1.57% | 00.0% | Unchanged |
| Vivo Capital, LLC | 6,895,746 | $51.8M | 4.17% | 00.0% | Unchanged |
| Commodore Capital LP | 5,700,000 | $42.8M | 2.09% | +5,700,000 | New |
| BlackRock, Inc. | 5,551,308 | $41.7M | 0.00% | +80,934+1.5% | Added |
| Vanguard Group Inc | 4,559,917 | $34.2M | 0.00% | +253,751+5.9% | Added |
| Adage Capital Partners GP, L.L.C. | 3,939,000 | $29.6M | 0.05% | +2,659,000+207.7% | Added |
| Candriam Luxembourg S.C.A. | 2,368,235 | $17.8M | 0.09% | 00.0% | Unchanged |
| Acorn Capital Advisors, LLC | 1,971,264 | $14.8M | 7.52% | 00.0% | Unchanged |
| Schonfeld Strategic Advisors LLC | 1,891,925 | $14.2M | 0.10% | −1,157,966−38.0% | Reduced |
| Geode Capital Management, LLC | 1,714,552 | $12.9M | 0.00% | +81,203+5.0% | Added |
| State Street Corp | 1,605,693 | $12.1M | 0.00% | +232,252+16.9% | Added |
| Citadel Advisors LLC | 1,589,334 | $11.9M | 0.01% | −2,309,677−59.2% | Reduced |
| Nuveen, LLC | 1,473,371 | $11.1M | 0.00% | +292,843+24.8% | Added |
| Dimensional Fund Advisors LP | 1,456,401 | $10.9M | 0.00% | −194,549−11.8% | Reduced |
| Franklin Resources Inc | 1,277,463 | $9.59M | 0.00% | +670.0% | Added |
| Pictet Asset Management Holding SA | 1,104,204 | $8.29M | 0.01% | +1,104,204 | New |
| UBS Group AG | 972,772 | $7.31M | 0.00% | −198,847−17.0% | Reduced |
| Integral Health Asset Management, LLC | 950,000 | $7.13M | 0.52% | +250,000+35.7% | Added |
| Millennium Management LLC | 941,584 | $7.07M | 0.01% | −55,242−5.5% | Reduced |
| Parkman Healthcare Partners LLC | 934,760 | $7.02M | 0.77% | +116,952+14.3% | Added |
| Superstring Capital Management LP | 789,646 | $5.93M | 5.84% | −497,035−38.6% | Reduced |
| Bank of America Corp | 704,773 | $5.29M | 0.00% | +210,968+42.7% | Added |
| JPMorgan Chase & Co | 682,708 | $5.13M | 0.00% | +324,502+90.6% | Added |
| Renaissance Technologies LLC | 676,834 | $5.08M | 0.01% | −245,700−26.6% | Reduced |
| Northern Trust Corp | 587,545 | $4.41M | 0.00% | +16,764+2.9% | Added |
| Charles Schwab Investment Management Inc | 583,268 | $4.38M | 0.00% | +359,048+160.1% | Added |
| Goldman Sachs Group Inc | 546,829 | $4.11M | 0.00% | +220,596+67.6% | Added |
| Acuta Capital Partners, LLC | 502,797 | $3.78M | 3.90% | +38,933+8.4% | Added |
| Invesco Ltd. | 477,674 | $3.59M | 0.00% | +383,140+405.3% | Added |
| Deutsche Bank AG | 380,749 | $2.86M | 0.00% | +7,502+2.0% | Added |
| Salem Investment Counselors Inc | 346,850 | $2.60M | 0.07% | 00.0% | Unchanged |
| Diadema Partners LP | 323,159 | $2.43M | 1.69% | +63,307+24.4% | Added |
| Woodline Partners LP | 292,055 | $2.19M | 0.01% | −9,557−3.2% | Reduced |
| Wellington Management Group LLP | 253,409 | $1.90M | 0.00% | −81,760−24.4% | Reduced |
| Schroder Investment Management Group | 217,931 | $1.70M | 0.00% | −158,273−42.1% | Reduced |
| Bank of New York Mellon Corp | 208,181 | $1.56M | 0.00% | +5,967+3.0% | Added |
| Boothbay Fund Management, LLC | 178,875 | $1.34M | 0.03% | +122,411+216.8% | Added |
| American Century Companies Inc | 165,046 | $1.24M | 0.00% | +35,378+27.3% | Added |
| Ikarian Capital, LLC | 164,202 | $1.23M | 0.28% | +105,711+180.7% | Added |
| Jacobs Levy Equity Management, Inc | 136,979 | $1.03M | 0.00% | −65,591−32.4% | Reduced |
| Samsara BioCapital, LLC | 135,573 | $1.02M | 0.13% | −66,775−33.0% | Reduced |
| Barclays PLC | 130,391 | $979.2K | 0.00% | −114,246−46.7% | Reduced |
| Platinum Investment Management Ltd | 125,156 | $939.9K | 0.06% | +125,156 | New |
| Exchange Traded Concepts, LLC | 121,455 | $912.1K | 0.01% | −106,392−46.7% | Reduced |
| Rhumbline Advisers | 104,837 | $787.3K | 0.00% | −1,614−1.5% | Reduced |
| E. Ohman J:or Asset Management AB | 102,410 | $769.1K | 0.02% | 00.0% | Unchanged |
| Bridgeway Capital Management, LLC | 95,000 | $713.5K | 0.02% | 00.0% | Unchanged |
| Price T Rowe Associates Inc | 94,173 | $708.0K | 0.00% | +14,605+18.4% | Added |
| Alliancebernstein L.P. | 92,900 | $697.7K | 0.00% | 00.0% | Unchanged |
| Quest Partners LLC | 90,883 | $682.5K | 0.04% | +90,882+9,088,200.0% | Added |
| StemPoint Capital LP | 89,617 | $673.0K | 0.14% | +89,617 | New |
| BNP Paribas Arbitrage, SA | 86,309 | $648.2K | 0.00% | −420,468−83.0% | Reduced |
| Cinctive Capital Management LP | 77,555 | $582.4K | 0.03% | −32,442−29.5% | Reduced |
| Qube Research & Technologies Ltd | 76,782 | $576.6K | 0.00% | −259,883−77.2% | Reduced |
| Persistent Asset Partners Ltd | 74,365 | $558.5K | 0.40% | +14,568+24.4% | Added |
| Prudential Financial Inc | 69,120 | $519.1K | 0.00% | +69,120 | New |
| Dynamic Technology Lab Private Ltd | 66,576 | $500.0K | 0.08% | +46,831+237.2% | Added |
| Winton Group Ltd | 65,681 | $493.3K | 0.02% | +65,681 | New |
| Jane Street Group, LLC | 64,248 | $482.5K | 0.00% | +64,248 | New |
| FMR LLC | 60,350 | $453.2K | 0.00% | +1,401+2.4% | Added |
| Wells Fargo & Company | 55,592 | $417.5K | 0.00% | +9,041+19.4% | Added |
| MetLife Investment Management | 45,596 | $342.4K | 0.00% | 00.0% | Unchanged |
| State of Wisconsin Investment Board | 45,482 | $341.6K | 0.00% | +45,482 | New |
| Alps Advisors Inc | 42,630 | $320.2K | 0.00% | −4,526−9.6% | Reduced |
| AQR Capital Management LLC | 40,184 | $301.8K | 0.00% | +3,210+8.7% | Added |
| Trexquant Investment LP | 38,223 | $287.1K | 0.00% | +38,223 | New |
| Zacks Investment Management | 36,100 | $271.1K | 0.00% | +21,236+142.9% | Added |
| Two Sigma Investments, LP | 34,030 | $255.6K | 0.00% | −170,927−83.4% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 33,976 | $255.2K | 0.00% | −5,808−14.6% | Reduced |
| Russell Investments Group, Ltd. | 32,172 | $241.6K | 0.00% | +7,352+29.6% | Added |
| Intech Investment Management LLC | 30,993 | $232.8K | 0.00% | −15,128−32.8% | Reduced |
| Group One Trading, L.P. | 30,669 | $230.3K | 0.01% | +30,669 | New |
| Virtus Investment Advisers, Inc. | 28,953 | $217.4K | 0.06% | +5,026+21.0% | Added |
| Manufacturers Life Insurance Company, The | 24,924 | $187.2K | 0.00% | −2,338−8.6% | Reduced |
| Graham Capital Management, L.P. | 24,294 | $182.4K | 0.01% | −49,674−67.2% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 22,050 | $165.6K | 0.00% | +7,040+46.9% | Added |
| Velan Capital Investment Management LP | 20,000 | $150.2K | 0.14% | 00.0% | Unchanged |
| JustInvest LLC | 17,649 | $132.5K | 0.00% | +1,038+6.2% | Added |
| New York State Common Retirement Fund | 17,571 | $132.0K | 0.00% | 00.0% | Unchanged |
| Stoneridge Investment Partners LLC | 16,867 | $127.0K | 0.09% | −3,736−18.1% | Reduced |
| Creative Planning | 16,035 | $120.4K | 0.00% | +16,035 | New |
| Royal Bank of Canada | 15,713 | $117.0K | 0.00% | −178,632−91.9% | Reduced |
| ProShare Advisors LLC | 15,481 | $116.3K | 0.00% | −2,608−14.4% | Reduced |
| China Universal Asset Management Co., Ltd. | 15,339 | $115.2K | 0.01% | −2,202−12.6% | Reduced |
| Caxton Associates LLP | 15,168 | $113.9K | 0.00% | +15,168 | New |
| Voya Investment Management LLC | 13,666 | $102.6K | 0.00% | −6,515−32.3% | Reduced |
| Landscape Capital Management, L.L.C. | 13,196 | $99.1K | 0.01% | 00.0% | Unchanged |
| Profund Advisors LLC | 12,759 | $95.8K | 0.00% | +12,759 | New |
| Squarepoint Ops LLC | 12,734 | $95.6K | 0.00% | −75,104−85.5% | Reduced |
| Citigroup Inc | 12,612 | $94.7K | 0.00% | −25,662−67.0% | Reduced |
| Oppenheimer & Co Inc | 12,466 | $93.6K | 0.00% | +12,466 | New |
| SummitTX Capital, L.P. | 11,706 | $87.9K | 0.00% | −103,145−89.8% | Reduced |
| Fox Run Management, L.L.C. | 11,610 | $87.2K | 0.01% | +11,610 | New |
| Polymer Capital Management (US) LLC | 10,144 | $76.2K | 0.01% | +10,144 | New |
| Sio Capital Management, LLC | 10,100 | $75.9K | 0.02% | 00.0% | Unchanged |
| DLD Asset Management, LP | 10,000 | $75.1K | 0.01% | −27,047−73.0% | Reduced |
| ADAR1 Capital Management, LLC | 10,000 | $75.1K | 0.01% | −18,415−64.8% | Reduced |