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Terns Pharmaceuticals, Inc.

TERNDelisted
Industry
Pharmaceutical Preparations
SEC CIK
0001831363

Terns Pharmaceuticals, Inc. was delisted in 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, Q2 2026

Institutional positions in Terns Pharmaceuticals, Inc. as of Jun 30, 2026. 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

TERN is no longer listed, and 13F filings after Q1 2026 list far fewer holders. See Q1 2026

Institutional holders
1
−312 vs. Q1 2026
Shares held
1.42K
−123.1M (−100.0%) vs. Q1 2026
Total value
$75.4K
−$6.48B (−100.0%) vs. Q1 2026
New holders
0
0 more added
Sold out
312
0 more reduced

4 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 holdersQ2 2026: 2 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: 139 institutionsQ2 2025: 130 institutionsQ3 2025: 141 institutionsQ4 2025: 248 institutionsQ1 2026: 317 institutionsQ2 2026: 2 institutions
Value heldQ2 2026: $659.7K
Q1 2021: $393.7MQ2 2021: $203.8MQ3 2021: $174.3MQ4 2021: $116.7MQ1 2022: $50.0MQ2 2022: $36.6MQ3 2022: $178.1MQ4 2022: $506.2MQ1 2023: $720.7MQ2 2023: $505.1MQ3 2023: $310.4MQ4 2023: $425.3MQ1 2024: $425.3MQ2 2024: $447.7MQ3 2024: $663.6MQ4 2024: $477.2MQ1 2025: $229.6MQ2 2025: $310.7MQ3 2025: $670.8MQ4 2025: $4.95BQ1 2026: $6.56BQ2 2026: $659.7K
Institutions holding TERN and their total value by quarter
QuarterHoldersValue
Q2 20262$659.7K
Q1 2026317$6.56B
Q4 2025248$4.95B
Q3 2025141$670.8M
Q2 2025130$310.7M
Q1 2025139$229.6M
Q4 2024157$477.2M
Q3 2024156$663.6M
Q2 2024126$447.7M
Q1 2024112$425.3M
Q4 2023103$425.3M
Q3 202393$310.4M
Q2 2023103$505.1M
Q1 202379$720.7M
Q4 202265$506.2M
Q3 202245$178.1M
Q2 202242$36.6M
Q1 202244$50.0M
Q4 202137$116.7M
Q3 202134$174.3M
Q2 202136$203.8M
Q1 202142$393.7M

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q1 2026.

Institutions holding TERN in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
IFP Advisors, Inc1,424$75.4K0.00%00.0%Unchanged
BlackRock, Inc.0$00.00%−9,569,585−100.0%Sold out
Morgan Stanley0$00.00%−6,449,140−100.0%Sold out
Avoro Capital Advisors LLC0$00.00%−5,695,000−100.0%Sold out
Vanguard Capital Management LLC0$00.00%−4,355,482−100.0%Sold out
Holocene Advisors, LP0$00.00%−4,115,828−100.0%Sold out
Citadel Advisors LLC0$00.00%−3,218,810−100.0%Sold out
Millennium Management LLC0$00.00%−3,011,558−100.0%Sold out
HBK Investments L P0$00.00%−2,950,000−100.0%Sold out
JPMorgan Chase & Co0$00.00%−2,869,728−100.0%Sold out
Lord, Abbett & Co. LLC0$00.00%−2,812,938−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−2,779,445−100.0%Sold out
Franklin Resources Inc0$00.00%−2,409,019−100.0%Sold out
Geode Capital Management, LLC0$00.00%−2,316,544−100.0%Sold out
Glazer Capital, LLC0$00.00%−2,295,498−100.0%Sold out
Paradigm Biocapital Advisors LP0$00.00%−2,216,499−100.0%Sold out
Nearwater Capital Markets, Ltd0$00.00%−2,150,400−100.0%Sold out
State Street Corp0$00.00%−2,139,662−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−2,124,817−100.0%Sold out
Capitolis Liquid Global Markets LLC0$00.00%−1,975,800−100.0%Sold out
Acorn Capital Advisors, LLC0$00.00%−1,746,264−100.0%Sold out
Pictet Asset Management Holding SA0$00.00%−1,655,575−100.0%Sold out
Logos Global Management LP0$00.00%−1,500,000−100.0%Sold out
Ikarian Capital, LLC0$00.00%−1,456,378−100.0%Sold out
Capital International Investors0$00.00%−1,424,504−100.0%Sold out
Vivo Capital, LLC0$00.00%−1,334,418−100.0%Sold out
Dimensional Fund Advisors LP0$00.00%−1,247,845−100.0%Sold out
UBS Group AG0$00.00%−1,228,726−100.0%Sold out
Goldman Sachs Group Inc0$00.00%−1,106,961−100.0%Sold out
Deep Track Capital, LP0$00.00%−1,073,877−100.0%Sold out
Whitebox Advisors LLC0$00.00%−1,000,001−100.0%Sold out
Vestal Point Capital, LP0$00.00%−1,000,000−100.0%Sold out
Marshall Wace, LLP0$00.00%−927,600−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−924,562−100.0%Sold out
ADAR1 Capital Management, LLC0$00.00%−914,699−100.0%Sold out
Highland Capital Management Fund Advisors, L.P.0$00.00%−904,200−100.0%Sold out
Vivaldi Asset Management, LLC0$00.00%−904,161−100.0%Sold out
Fort Baker Capital Management LP0$00.00%−822,000−100.0%Sold out
Bank of America Corp0$00.00%−811,636−100.0%Sold out
Northern Trust Corp0$00.00%−805,236−100.0%Sold out
Verition Fund Management LLC0$00.00%−802,293−100.0%Sold out
Alliancebernstein L.P.0$00.00%−1,032,679−100.0%Sold out
Toronto Dominion Bank0$00.00%−781,800−100.0%Sold out
Nuveen, LLC0$00.00%−772,592−100.0%Sold out
Charles Schwab Investment Management Inc0$00.00%−747,377−100.0%Sold out
Polar Asset Management Partners Inc.0$00.00%−725,000−100.0%Sold out
Vanguard Portfolio Management LLC0$00.00%−722,389−100.0%Sold out
Fiera Capital Corp0$00.00%−711,326−100.0%Sold out
Barclays PLC0$00.00%−669,601−100.0%Sold out
Price T Rowe Associates Inc0$00.00%−634,496−100.0%Sold out
Candriam Luxembourg S.C.A.0$00.00%−631,636−100.0%Sold out
NEXTBio Capital Management LP0$00.00%−604,534−100.0%Sold out
Vanguard Fiduciary Trust Co0$00.00%−573,997−100.0%Sold out
Affinity Asset Advisors, LLC0$00.00%−562,631−100.0%Sold out
Mariner, LLC0$00.00%−557,361−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−537,884−100.0%Sold out
Octagon Capital Advisors LP0$00.00%−530,000−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−521,571−100.0%Sold out
Jones Hill Capital LP0$00.00%−521,237−100.0%Sold out
TIG Advisors, LLC0$00.00%−511,191−100.0%Sold out
Melqart Asset Management (UK) Ltd0$00.00%−507,187−100.0%Sold out
Jennison Associates LLC0$00.00%−501,419−100.0%Sold out
Acuta Capital Partners, LLC0$00.00%−495,772−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−486,170−100.0%Sold out
Neuberger Berman Group LLC0$00.00%−480,740−100.0%Sold out
Beryl Capital Management LLC0$00.00%−478,755−100.0%Sold out
Samlyn Capital, LLC0$00.00%−472,472−100.0%Sold out
KVP Capital Advisors, LP0$00.00%−440,000−100.0%Sold out
Slotnik Capital, LLC0$00.00%−420,700−100.0%Sold out
Eagle Health Investments LP0$00.00%−412,497−100.0%Sold out
Catalio Capital Management, LP0$00.00%−409,031−100.0%Sold out
LMR Partners LLP0$00.00%−400,000−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−384,681−100.0%Sold out
Sculptor Capital LP0$00.00%−380,000−100.0%Sold out
Wellington Management Group LLP0$00.00%−375,505−100.0%Sold out
Maven Securities LTD0$00.00%−375,000−100.0%Sold out
Boxer Capital Management, LLC0$00.00%−375,000−100.0%Sold out
Hudson Bay Capital Management LP0$00.00%−360,878−100.0%Sold out
First Turn Management, LLC0$00.00%−326,694−100.0%Sold out
Soros Fund Management LLCSuperinvestorSoros Fund Management0$00.00%−321,905−100.0%Sold out
SummitTX Capital, L.P.0$00.00%−312,181−100.0%Sold out
Davidson Kempner Capital Management LP0$00.00%−311,623−100.0%Sold out
Invesco Ltd.0$00.00%−304,487−100.0%Sold out
Cormorant Asset Management, LP0$00.00%−300,000−100.0%Sold out
Atika Capital Management LLC0$00.00%−300,000−100.0%Sold out
Monashee Investment Management LLC0$00.00%−300,000−100.0%Sold out
Ensign Peak Advisors, Inc0$00.00%−299,199−100.0%Sold out
FMR LLC0$00.00%−295,622−100.0%Sold out
Man Group plc0$00.00%−284,931−100.0%Sold out
Bank of New York Mellon Corp0$00.00%−281,667−100.0%Sold out
Magnetar Financial LLC0$00.00%−281,614−100.0%Sold out
Squarepoint Ops LLC0$00.00%−275,350−100.0%Sold out
Gabelli Funds LLC0$00.00%−271,857−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−267,520−100.0%Sold out
Harvest Management LLC0$00.00%−257,500−100.0%Sold out
Russell Investments Group, Ltd.0$00.00%−244,898−100.0%Sold out
Blackstone Group Inc.0$00.00%−231,282−100.0%Sold out
Absolute Gestao de Investimentos Ltda.0$00.00%−230,000−100.0%Sold out
Gabelli & Co Investment Advisers, Inc.0$00.00%−205,700−100.0%Sold out
Prosight Management, LP0$00.00%−202,300−100.0%Sold out