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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, 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: 1 institution
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 heldQ2 2026: $75.4K
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, 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
Zurcher Kantonalbank (Zurich Cantonalbank)0$00.00%−15,146−100.0%Sold out
Vanguard Investments Australia, Ltd.0$00.00%−14,604−100.0%Sold out
Brinker Capital Investments, LLC0$00.00%−14,451−100.0%Sold out
Verdad Advisers, LP0$00.00%−13,301−100.0%Sold out
Natixis Advisors, L.P.0$00.00%−12,976−100.0%Sold out
Jones Financial Companies LLLP0$00.00%−12,567−100.0%Sold out
KLP Kapitalforvaltning AS0$00.00%−12,500−100.0%Sold out
Carlson Capital L P0$00.00%−12,000−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−12,000−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−11,908−100.0%Sold out
Mizuho Securities USA LLC0$00.00%−11,083−100.0%Sold out
One68 Global Capital, LLC0$00.00%−11,000−100.0%Sold out
Massachusetts Financial Services Co0$00.00%−10,902−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−10,400−100.0%Sold out
Sio Capital Management, LLC0$00.00%−10,100−100.0%Sold out
Vazirani Asset Management LLC0$00.00%−10,000−100.0%Sold out
Engineers Gate Manager LP0$00.00%−9,880−100.0%Sold out
CIBC Bancorp USA Inc.0$00.00%−9,820−100.0%Sold out
Axq Capital, LP0$00.00%−9,410−100.0%Sold out
Cannon Global Investment Management, LLC0$00.00%−9,000−100.0%Sold out
Xponance, Inc.0$00.00%−8,709−100.0%Sold out
Abel Hall, LLC0$00.00%−8,278−100.0%Sold out
Fifth Lane Capital, LP0$00.00%−8,000−100.0%Sold out
Los Angeles Capital Management LLC0$00.00%−7,994−100.0%Sold out
Blair William & Co0$00.00%−7,947−100.0%Sold out
Ameritas Investment Partners, Inc.0$00.00%−7,842−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−7,455−100.0%Sold out
Teacher Retirement System of Texas0$00.00%−7,378−100.0%Sold out
Jane Street Group, LLC0$00.00%−7,231−100.0%Sold out
Lazard Asset Management LLC0$00.00%−7,173−100.0%Sold out
Stifel Financial Corp0$00.00%−7,148−100.0%Sold out
Farallon Capital Management, L.L.C.0$00.00%−7,000−100.0%Sold out
Profund Advisors LLC0$00.00%−6,666−100.0%Sold out
Quantinno Capital Management LP0$00.00%−6,123−100.0%Sold out
Virtus Investment Advisers, Inc.0$00.00%−6,058−100.0%Sold out
Integrated Quantitative Investments LLC0$00.00%−5,671−100.0%Sold out
Mirae Asset Global Investments Co., Ltd.0$00.00%−5,546−100.0%Sold out
US Bancorp0$00.00%−5,190−100.0%Sold out
Universal- Beteiligungs- und Servicegesellschaft mbH0$00.00%−5,130−100.0%Sold out
Oddo BHF Asset Management SAS0$00.00%−5,000−100.0%Sold out
Nisa Investment Advisors, LLC0$00.00%−4,909−100.0%Sold out
Oppenheimer Asset Management Inc.0$00.00%−4,735−100.0%Sold out
Wiley Bros.-Aintree Capital, LLC0$00.00%−4,428−100.0%Sold out
Snowden Capital Advisors LLC0$00.00%−4,411−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−4,248−100.0%Sold out
Principal Financial Group Inc0$00.00%−4,064−100.0%Sold out
Swiss Life Asset Management Ltd0$00.00%−4,034−100.0%Sold out
Wealth Enhancement Advisory Services, LLC0$00.00%−4,011−100.0%Sold out
Total Clarity Wealth Management, Inc.0$00.00%−3,950−100.0%Sold out
Cetera Investment Advisers0$00.00%−3,894−100.0%Sold out
EverSource Wealth Advisors, LLC0$00.00%−3,689−100.0%Sold out
Sterling Capital Management LLC0$00.00%−3,184−100.0%Sold out
Natixis0$00.00%−2,800−100.0%Sold out
Advisor Group Holdings, Inc.0$00.00%−2,624−100.0%Sold out
The PNC Financial Services Group, Inc.0$00.00%−2,060−100.0%Sold out
GF Fund Management Co. Ltd.0$00.00%−2,023−100.0%Sold out
KBC Group NV0$00.00%−1,683−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−1,381−100.0%Sold out
State of Wyoming0$00.00%−1,157−100.0%Sold out
iA Global Asset Management Inc.0$00.00%−1,073−100.0%Sold out
BNP PARIBAS ASSET MANAGEMENT Holding S.A.0$00.00%−1,061−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−1,021−100.0%Sold out
Quadrant Capital Group LLC0$00.00%−998−100.0%Sold out
GAMMA Investing LLC0$00.00%−926−100.0%Sold out
Kemnay Advisory Services Inc.0$00.00%−865−100.0%Sold out
Allworth Financial LP0$00.00%−781−100.0%Sold out
Federated Hermes, Inc.0$00.00%−719−100.0%Sold out
Fifth Third Bancorp0$00.00%−605−100.0%Sold out
Bessemer Group Inc0$00.00%−541−100.0%Sold out
MAI Capital Management0$00.00%−525−100.0%Sold out
Antipodes Partners Ltd0$00.00%−455−100.0%Sold out
Parallel Advisors, LLC0$00.00%−416−100.0%Sold out
Advisory Services Network, LLC0$00.00%−382−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−372−100.0%Sold out
Rothschild Investment LLC0$00.00%−370−100.0%Sold out
Signaturefd, LLC0$00.00%−353−100.0%Sold out
E Fund Management (Hong Kong) Co., Ltd.0$00.00%−337−100.0%Sold out
Basecamp Wealth Advisors LLC0$00.00%−287−100.0%Sold out
Massmutual Trust Co FSB0$00.00%−264−100.0%Sold out
Smartleaf Asset Management LLC0$00.00%−206−100.0%Sold out
Fortitude Family Office, LLC0$00.00%−192−100.0%Sold out
Accent Capital Management, LLC0$00.00%−188−100.0%Sold out
Rialto Wealth Management, LLC0$00.00%−162−100.0%Sold out
SMA Capital LLC0$00.00%−143−100.0%Sold out
Rossby Financial, LCC0$00.00%−124−100.0%Sold out
Kilter Group LLC0$00.00%−116−100.0%Sold out
Huntington National Bank0$00.00%−109−100.0%Sold out
Pinnacle Wealth Planning Services, Inc.0$00.00%−100−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−96−100.0%Sold out
Acadian Asset Management LLC0$00.00%−98−100.0%Sold out
Capital Advisors, Ltd. LLC0$00.00%−89−100.0%Sold out
Whittier Trust Co of Nevada Inc0$00.00%−77−100.0%Sold out
Atlantic Union Bankshares Corp0$00.00%−76−100.0%Sold out
Silicon Valley Capital Partners0$00.00%−67−100.0%Sold out
WPG Advisers, LLC0$00.00%−66−100.0%Sold out
Farther Finance Advisors, LLC0$00.00%−62−100.0%Sold out
Meeder Asset Management Inc0$00.00%−62−100.0%Sold out
Cornerstone Financial Management LLC0$00.00%−58−100.0%Sold out
Stone House Investment Management, LLC0$00.00%−41−100.0%Sold out
Parkside Financial Bank & Trust0$00.00%−35−100.0%Sold out