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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, Q1 2026

Institutional positions in Terns Pharmaceuticals, Inc. as of Mar 31, 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, so this page shows Q1 2026. 13F filings for later quarters list far fewer holders.

Institutional holders
317
+76 vs. Q4 2025
Shares held
124.8M
+11.2M (+9.8%) vs. Q4 2025
Total value
$6.56B
+$1.97B (+43.0%) vs. Q4 2025
New holders
131
115 more added
Sold out
55
55 more reduced

7 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 317 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 heldQ1 2026: $6.56B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q4 2025.

Institutions holding TERN in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd6$00.00%+6New
Hughes Financial Services, LLC1$530.00%−2−66.7%Reduced
JPL Wealth Management, LLC1$530.00%+1New
Keating Financial Advisory Services, Inc.1$530.00%+1New
Twin Peaks Wealth Advisors, LLC4$2110.00%+4New
Essential Partners LLC8$4220.00%00.0%Unchanged
Root Financial Partners, LLC9$4740.00%+9New
SJS Investment Consulting Inc.9$4750.00%+9New
UMA Financial Services, Inc.10$5280.00%+10New
Bell Investment Advisors, Inc13$6860.00%+1+8.3%Added
Bare Financial Services, Inc25$1.32K0.00%+13+108.3%Added
Park Place Capital Corp26$1.37K0.00%+26New
Larson Financial Group LLC29$1.53K0.00%+18+163.6%Added
Parkside Financial Bank & Trust35$1.85K0.00%00.0%Unchanged
Stone House Investment Management, LLC41$2.16K0.00%+38+1,266.7%Added
Cornerstone Financial Management LLC58$3.06K0.00%00.0%Unchanged
Meeder Asset Management Inc62$3.27K0.00%+62New
Farther Finance Advisors, LLC62$3.27K0.00%+60+3,000.0%Added
WPG Advisers, LLC66$3.48K0.00%+66New
Silicon Valley Capital Partners67$3.53K0.00%+67New
Sunbelt Securities, Inc.71$3.74K0.00%00.0%Unchanged
Atlantic Union Bankshares Corp76$4.01K0.00%+40+111.1%Added
Whittier Trust Co of Nevada Inc77$4.06K0.00%+77New
Acadian Asset Management LLC98$5.00K0.00%−188,927−99.9%Reduced
Capital Advisors, Ltd. LLC89$5.00K0.00%+84+1,680.0%Added
Ameritas Advisory Services, LLC96$5.06K0.00%+96New
Pinnacle Wealth Planning Services, Inc.100$5.27K0.00%+36+56.3%Added
Huntington National Bank109$5.75K0.00%+109New
Kilter Group LLC116$6.12K0.00%00.0%Unchanged
Rossby Financial, LCC124$6.55K0.00%+124New
SMA Capital LLC143$7.54K0.00%+143New
Rialto Wealth Management, LLC162$8.54K0.00%00.0%Unchanged
Accent Capital Management, LLC188$9.91K0.00%+63+50.4%Added
Fortitude Family Office, LLC192$10.1K0.00%−269−58.4%Reduced
Smartleaf Asset Management LLC206$10.9K0.00%+174+543.8%Added
Massmutual Trust Co FSB264$13.9K0.00%+24+10.0%Added
Basecamp Wealth Advisors LLC287$15.1K0.00%+147+105.0%Added
E Fund Management (Hong Kong) Co., Ltd.337$17.8K0.01%+337New
Signaturefd, LLC353$18.6K0.00%+331+1,504.5%Added
Rothschild Investment LLC370$19.5K0.00%+59+19.0%Added
SBI Securities Co., Ltd.372$19.6K0.00%+170+84.2%Added
Advisory Services Network, LLC382$20.1K0.00%+382New
Parallel Advisors, LLC416$21.9K0.00%+68+19.5%Added
Antipodes Partners Ltd455$24.0K0.00%+455New
MAI Capital Management525$27.7K0.00%+336+177.8%Added
Bessemer Group Inc541$29.0K0.00%00.0%Unchanged
Fifth Third Bancorp605$31.9K0.00%+605New
Federated Hermes, Inc.719$37.9K0.00%+550+325.4%Added
Allworth Financial LP781$41.2K0.00%+461+144.1%Added
Kemnay Advisory Services Inc.865$45.6K0.01%+865New
GAMMA Investing LLC926$48.8K0.00%+55+6.3%Added
Quadrant Capital Group LLC998$52.6K0.00%−167−14.3%Reduced
Caitong International Asset Management Co., Ltd1,021$53.8K0.01%+1,021New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,061$55.9K0.00%+1,061New
iA Global Asset Management Inc.1,073$57.0K0.00%00.0%Unchanged
State of Wyoming1,157$61.0K0.01%+1,157New
Rockefeller Capital Management L.P.1,381$72.8K0.00%+1,107+404.0%Added
IFP Advisors, Inc1,424$75.1K0.00%+1,424New
KBC Group NV1,683$89.0K0.00%+1,683New
GF Fund Management Co. Ltd.2,023$106.7K0.00%+253+14.3%Added
The PNC Financial Services Group, Inc.2,060$108.6K0.00%+1,124+120.1%Added
Advisor Group Holdings, Inc.2,624$138.3K0.00%+439+20.1%Added
Natixis2,800$147.6K0.00%+2,800New
Sterling Capital Management LLC3,184$167.9K0.00%−1,759−35.6%Reduced
EverSource Wealth Advisors, LLC3,689$194.5K0.01%+1,482+67.1%Added
Cetera Investment Advisers3,894$205.3K0.00%+3,894New
Total Clarity Wealth Management, Inc.3,950$208.2K0.05%+3,950New
Wealth Enhancement Advisory Services, LLC4,011$211.5K0.00%+4,011New
Swiss Life Asset Management Ltd4,034$212.7K0.00%+4,034New
Principal Financial Group Inc4,064$214.3K0.00%+4,064New
CWM, LLC4,172$219.9K0.00%+1,382+49.5%Added
Landscape Capital Management, L.L.C.4,248$224.0K0.01%+4,248New
Snowden Capital Advisors LLC4,411$232.5K0.01%+4,411New
Wiley Bros.-Aintree Capital, LLC4,428$233.1K0.00%+4,428New
Oppenheimer Asset Management Inc.4,735$249.6K0.00%+4,735New
Nisa Investment Advisors, LLC4,909$258.8K0.00%+1,511+44.5%Added
Oddo BHF Asset Management SAS5,000$263.6K0.01%+5,000New
Universal- Beteiligungs- und Servicegesellschaft mbH5,130$270.5K0.00%+5,130New
US Bancorp5,190$273.6K0.00%+583+12.7%Added
Mirae Asset Global Investments Co., Ltd.5,546$292.4K0.00%+1,169+26.7%Added
Integrated Quantitative Investments LLC5,671$299.0K0.05%+5,671New
Virtus Investment Advisers, Inc.6,058$319.4K0.09%+146+2.5%Added
Quantinno Capital Management LP6,123$322.8K0.00%+277+4.7%Added
Profund Advisors LLC6,666$351.4K0.01%−595−8.2%Reduced
Farallon Capital Management, L.L.C.7,000$369.0K0.00%−635,000−98.9%Reduced
Stifel Financial Corp7,148$376.8K0.00%+7,148New
Lazard Asset Management LLC7,173$378.2K0.00%+7,173New
Jane Street Group, LLC7,231$381.2K0.00%−81,606−91.9%Reduced
Teacher Retirement System of Texas7,378$389.0K0.00%+7,378New
Tower Research Capital LLC (TRC)7,455$393.0K0.01%+5,844+362.8%Added
Ameritas Investment Partners, Inc.7,842$413.4K0.01%+881+12.7%Added
Blair William & Co7,947$419.0K0.00%+1,897+31.4%Added
Los Angeles Capital Management LLC7,994$421.4K0.00%+7,994New
Fifth Lane Capital, LP8,000$421.8K0.51%+8,000New
Abel Hall, LLC8,278$436.4K0.09%+1,883+29.4%Added
Xponance, Inc.8,709$459.1K0.00%+2,032+30.4%Added
Cannon Global Investment Management, LLC9,000$474.5K1.15%+9,000New
Axq Capital, LP9,410$496.1K0.06%+2,342+33.1%Added
CIBC Bancorp USA Inc.9,820$517.7K0.00%+9,820New
Engineers Gate Manager LP9,880$520.9K0.01%−6,885−41.1%Reduced