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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
D. E. Shaw & Co., Inc.0$00.00%−201,191−100.0%Sold out
Water Island Capital LLC0$00.00%−188,500−100.0%Sold out
Diadema Partners LP0$00.00%−181,752−100.0%Sold out
AQR Capital Management LLC0$00.00%−176,773−100.0%Sold out
PFM Health Sciences, LP0$00.00%−172,962−100.0%Sold out
CNH Partners LLC0$00.00%−171,555−100.0%Sold out
Renaissance Technologies LLC0$00.00%−169,034−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−165,725−100.0%Sold out
Voya Investment Management LLC0$00.00%−165,562−100.0%Sold out
Arnhold LLC0$00.00%−162,444−100.0%Sold out
New York State Common Retirement Fund0$00.00%−160,597−100.0%Sold out
Meteora Capital, LLC0$00.00%−150,000−100.0%Sold out
Deutsche Bank AG0$00.00%−149,327−100.0%Sold out
Alpine Associates Management Inc.0$00.00%−142,250−100.0%Sold out
Rhumbline Advisers0$00.00%−123,334−100.0%Sold out
Capula Management Ltd0$00.00%−120,976−100.0%Sold out
Groupe la Francaise0$00.00%−118,449−100.0%Sold out
Ameriprise Financial Inc0$00.00%−118,246−100.0%Sold out
Twin Securities, Inc.0$00.00%−115,958−100.0%Sold out
HighVista Strategies LLC0$00.00%−114,307−100.0%Sold out
Rock Springs Capital Management LP0$00.00%−113,748−100.0%Sold out
Swiss National Bank0$00.00%−112,500−100.0%Sold out
Platinum Investment Management Ltd0$00.00%−110,734−100.0%Sold out
Artia Global Partners LP0$00.00%−104,800−100.0%Sold out
Centiva Capital, LP0$00.00%−101,225−100.0%Sold out
Equitec Proprietary Markets, LLC0$00.00%−100,500−100.0%Sold out
Alyeska Investment Group, L.P.0$00.00%−100,000−100.0%Sold out
Vestcor Inc0$00.00%−100,000−100.0%Sold out
Picton Mahoney Asset Management0$00.00%−100,000−100.0%Sold out
EAM Investors, LLC0$00.00%−98,860−100.0%Sold out
Chicago Capital Management, LLC0$00.00%−129,225−100.0%Sold out
Prudential Financial Inc0$00.00%−96,740−100.0%Sold out
Caxton Associates LLP0$00.00%−94,724−100.0%Sold out
UBS Asset Management Americas Inc0$00.00%−94,646−100.0%Sold out
Credit Industriel Et Commercial0$00.00%−90,236−100.0%Sold out
TD Asset Management Inc0$00.00%−89,594−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−88,596−100.0%Sold out
Sand Grove Capital Management LLP0$00.00%−82,000−100.0%Sold out
J. Goldman & Co LP0$00.00%−80,725−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−80,245−100.0%Sold out
Wells Fargo & Company0$00.00%−79,557−100.0%Sold out
Royal Bank of Canada0$00.00%−78,912−100.0%Sold out
Virtu Financial LLC0$00.00%−70,715−100.0%Sold out
California State Teachers Retirement System0$00.00%−70,219−100.0%Sold out
BNP Paribas Arbitrage, SA0$00.00%−67,695−100.0%Sold out
Abc Arbitrage SA0$00.00%−64,303−100.0%Sold out
Victory Capital Management Inc0$00.00%−63,471−100.0%Sold out
Lighthouse Investment Partners, LLC0$00.00%−63,000−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−56,720−100.0%Sold out
SEI Investments Co0$00.00%−56,061−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−54,825−100.0%Sold out
Two Sigma Investments, LP0$00.00%−54,366−100.0%Sold out
Carmignac Gestion0$00.00%−53,541−100.0%Sold out
MetLife Investment Management0$00.00%−52,215−100.0%Sold out
Harvest Investment Services, LLC0$00.00%−51,887−100.0%Sold out
Creative Planning0$00.00%−51,763−100.0%Sold out
Citigroup Inc0$00.00%−51,551−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−50,946−100.0%Sold out
Gardner Lewis Asset Management L P0$00.00%−50,000−100.0%Sold out
Nomura Holdings Inc0$00.00%−50,000−100.0%Sold out
Fred Alger Management, LLC0$00.00%−47,151−100.0%Sold out
Quantbot Technologies LP0$00.00%−47,043−100.0%Sold out
DLD Asset Management, LP0$00.00%−47,025−100.0%Sold out
Manufacturers Life Insurance Company, The0$00.00%−46,784−100.0%Sold out
Legal & General Group Plc0$00.00%−46,691−100.0%Sold out
Persistent Asset Partners Ltd0$00.00%−45,953−100.0%Sold out
Mirae Asset Global ETFs Holdings Ltd.0$00.00%−44,956−100.0%Sold out
Envestnet Asset Management Inc0$00.00%−40,998−100.0%Sold out
MYDA Advisors LLC0$00.00%−40,000−100.0%Sold out
Burkehill Global Management, LP0$00.00%−40,000−100.0%Sold out
Oxford Asset Management LLP0$00.00%−39,090−100.0%Sold out
Jain Global LLC0$00.00%−37,366−100.0%Sold out
Vanguard Asset Management, Ltd0$00.00%−37,267−100.0%Sold out
Erste Asset Management GmbH0$00.00%−37,000−100.0%Sold out
Bamco Inc0$00.00%−35,000−100.0%Sold out
Vanguard Global Advisers, LLC0$00.00%−34,597−100.0%Sold out
Allianz Asset Management GmbH0$00.00%−31,900−100.0%Sold out
Fortress Investment Group LLC0$00.00%−30,000−100.0%Sold out
Kintayl Capital LP0$00.00%−28,500−100.0%Sold out
FORA Capital, LLC0$00.00%−27,120−100.0%Sold out
Cinctive Capital Management LP0$00.00%−26,184−100.0%Sold out
Police & Firemen's Retirement System of New Jersey0$00.00%−25,918−100.0%Sold out
ProShare Advisors LLC0$00.00%−25,571−100.0%Sold out
Nicholas Investment Partners, LP0$00.00%−25,147−100.0%Sold out
Intech Investment Management LLC0$00.00%−24,191−100.0%Sold out
Clear Street Markets LLC0$00.00%−23,000−100.0%Sold out
SG Americas Securities, LLC0$00.00%−22,774−100.0%Sold out
JustInvest LLC0$00.00%−22,676−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−22,600−100.0%Sold out
E. Ohman J:or Asset Management AB0$00.00%−22,152−100.0%Sold out
State Board of Administration of Florida Retirement System0$00.00%−20,516−100.0%Sold out
LPL Financial LLC0$00.00%−20,298−100.0%Sold out
Commonwealth of Pennsylvania Public School Empls Retrmt Sys0$00.00%−20,000−100.0%Sold out
State of New Jersey Common Pension Fund D0$00.00%−19,440−100.0%Sold out
China Universal Asset Management Co., Ltd.0$00.00%−18,869−100.0%Sold out
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.0$00.00%−17,300−100.0%Sold out
STRS Ohio0$00.00%−16,700−100.0%Sold out
Gotham Asset Management, LLC0$00.00%−16,497−100.0%Sold out
Assetmark, Inc0$00.00%−16,157−100.0%Sold out
Arizona State Retirement System0$00.00%−15,624−100.0%Sold out