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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 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.

Institutional holdersQ3 2025: 141 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 2025: $665.7M
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 2025

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q2 2025.

Institutions holding TERN in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Legal & General Group Plc6,224$46.7K0.00%−541−8.0%Reduced
Ameritas Investment Partners, Inc.5,640$42.4K0.00%00.0%Unchanged
California State Teachers Retirement System5,175$38.9K0.00%+4+0.1%Added
CIBC Private Wealth Group, LLC5,000$37.5K0.00%00.0%Unchanged
Sterling Capital Management LLC4,989$37.5K0.00%+3,109+165.4%Added
Nisa Investment Advisors, LLC4,351$32.7K0.00%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.3,383$25.4K0.00%+9+0.3%Added
CWM, LLC2,777$21.0K0.00%+154+5.9%Added
GWM Advisors LLC2,698$20.3K0.00%00.0%Unchanged
Amalgamated Bank2,426$18.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)2,312$17.4K0.00%−5,885−71.8%Reduced
Parallel Advisors, LLC2,163$16.2K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.2,010$15.7K0.00%+2,000+20,000.0%Added
GF Fund Management Co. Ltd.1,883$14.1K0.00%−291−13.4%Reduced
Canada Pension Plan Investment Board1,400$10.5K0.00%−10,900−88.6%Reduced
EverSource Wealth Advisors, LLC1,366$10.3K0.00%+81+6.3%Added
Quadrant Capital Group LLC1,165$8.75K0.00%+1,165New
The PNC Financial Services Group, Inc.1,083$8.13K0.00%+304+39.0%Added
Country Trust Bank1,000$7.51K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd651$4.89K0.00%+651New
US Bancorp541$4.06K0.00%−1,130−67.6%Reduced
Fortitude Family Office, LLC461$3.46K0.00%+125+37.2%Added
Optiver Holding B.V.456$3.42K0.00%+456New
Rise Advisors, LLC445$3.34K0.00%+83+22.9%Added
ZRC Wealth Management, LLC281$2.11K0.00%00.0%Unchanged
Rothschild Investment LLC280$2.10K0.00%00.0%Unchanged
Allworth Financial LP228$1.71K0.00%−260−53.3%Reduced
MAI Capital Management189$1.42K0.00%00.0%Unchanged
Massmutual Trust Co FSB166$1.25K0.00%+166New
Rialto Wealth Management, LLC162$1.22K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.147$1.10K0.00%+147New
Daiwa Securities Group Inc.151$1.00K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC89$1.00K0.00%00.0%Unchanged
SBI Securities Co., Ltd.125$9390.00%−99−44.2%Reduced
Kilter Group LLC116$8720.00%+116New
GAMMA Investing LLC101$7590.00%+101New
Sunbelt Securities, Inc.71$5330.00%+71New
Rockefeller Capital Management L.P.63$4730.00%+63New
LGT Financial Advisors LLC50$3760.00%+50New
Global Retirement Partners, LLC42$3150.00%00.0%Unchanged
Essential Partners LLC8$600.00%00.0%Unchanged
Walleye Capital LLC0$00.00%−376,559−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−316,836−100.0%Sold out
UBS Oconnor LLC0$00.00%−273,619−100.0%Sold out
LPL Financial LLC0$00.00%−241,825−100.0%Sold out
Infinitum Asset Management, LLC0$00.00%−200,000−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−87,623−100.0%Sold out
XTX Topco Ltd0$00.00%−29,515−100.0%Sold out
Simplex Trading, LLC0$00.00%−14,650−100.0%Sold out
LeConte Wealth Management, LLC0$00.00%−12,641−100.0%Sold out
State Board of Administration of Florida Retirement System0$00.00%−12,440−100.0%Sold out
Engineers Gate Manager LP0$00.00%−11,056−100.0%Sold out
Vontobel Holding Ltd.0$00.00%−10,000−100.0%Sold out
Mid-American Wealth Advisory Group, Inc.0$00.00%−301−100.0%Sold out
Skopos Labs, Inc.0$00.00%−145−100.0%Sold out
IFP Advisors, Inc0$00.00%0Sold out