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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1 | $75.4K |
| Q1 2026 | 317 | $6.56B |
| Q4 2025 | 248 | $4.95B |
| Q3 2025 | 141 | $665.7M |
| Q2 2025 | 130 | $310.0M |
| Q1 2025 | 138 | $229.4M |
| Q4 2024 | 157 | $477.2M |
| Q3 2024 | 156 | $663.1M |
| Q2 2024 | 126 | $446.7M |
| Q1 2024 | 112 | $414.8M |
| Q4 2023 | 103 | $412.7M |
| Q3 2023 | 93 | $310.4M |
| Q2 2023 | 103 | $505.0M |
| Q1 2023 | 79 | $630.2M |
| Q4 2022 | 65 | $506.2M |
| Q3 2022 | 45 | $178.1M |
| Q2 2022 | 42 | $36.5M |
| Q1 2022 | 44 | $50.0M |
| Q4 2021 | 37 | $116.7M |
| Q3 2021 | 34 | $174.3M |
| Q2 2021 | 36 | $203.8M |
| Q1 2021 | 42 | $393.7M |
Institutions, Q1 2026
Shares, value and share of portfolio for each institution holding Terns Pharmaceuticals, Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Arizona State Retirement System | 15,624 | $823.7K | 0.00% | +15,624 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 15,146 | $798.5K | 0.00% | +15,146 | New |
| Vanguard Investments Australia, Ltd. | 14,604 | $769.9K | 0.00% | +14,604 | New |
| Brinker Capital Investments, LLC | 14,451 | $761.9K | 0.01% | +14,451 | New |
| Verdad Advisers, LP | 13,301 | $701.2K | 0.79% | +13,301 | New |
| Natixis Advisors, L.P. | 12,976 | $684.0K | 0.00% | +12,976 | New |
| Jones Financial Companies LLLP | 12,567 | $665.0K | 0.00% | +12,567 | New |
| KLP Kapitalforvaltning AS | 12,500 | $659.0K | 0.00% | +12,500 | New |
| Bridgeway Capital Management, LLC | 12,000 | $632.6K | 0.01% | −19,000−61.3% | Reduced |
| Carlson Capital L P | 12,000 | $632.6K | 0.25% | +12,000 | New |
| Two Sigma Securities, LLC | 11,908 | $627.8K | 0.07% | +11,908 | New |
| Mizuho Securities USA LLC | 11,083 | $584.3K | 0.01% | +11,083 | New |
| One68 Global Capital, LLC | 11,000 | $579.9K | 1.88% | +11,000 | New |
| Massachusetts Financial Services Co | 10,902 | $574.8K | 0.00% | +10,902 | New |
| Dark Forest Capital Management LP | 10,400 | $548.3K | 0.05% | +31+0.3% | Added |
| Sio Capital Management, LLC | 10,100 | $532.5K | 0.08% | 00.0% | Unchanged |
| Vazirani Asset Management LLC | 10,000 | $527.2K | 1.22% | +10,000 | New |
| Engineers Gate Manager LP | 9,880 | $520.9K | 0.01% | −6,885−41.1% | Reduced |
| CIBC Bancorp USA Inc. | 9,820 | $517.7K | 0.00% | +9,820 | New |
| Axq Capital, LP | 9,410 | $496.1K | 0.06% | +2,342+33.1% | Added |
| Cannon Global Investment Management, LLC | 9,000 | $474.5K | 1.15% | +9,000 | New |
| Xponance, Inc. | 8,709 | $459.1K | 0.00% | +2,032+30.4% | Added |
| Abel Hall, LLC | 8,278 | $436.4K | 0.09% | +1,883+29.4% | Added |
| Fifth Lane Capital, LP | 8,000 | $421.8K | 0.51% | +8,000 | New |
| Los Angeles Capital Management LLC | 7,994 | $421.4K | 0.00% | +7,994 | New |
| Blair William & Co | 7,947 | $419.0K | 0.00% | +1,897+31.4% | Added |
| Ameritas Investment Partners, Inc. | 7,842 | $413.4K | 0.01% | +881+12.7% | Added |
| Tower Research Capital LLC (TRC) | 7,455 | $393.0K | 0.01% | +5,844+362.8% | Added |
| Teacher Retirement System of Texas | 7,378 | $389.0K | 0.00% | +7,378 | New |
| Jane Street Group, LLC | 7,231 | $381.2K | 0.00% | −81,606−91.9% | Reduced |
| Lazard Asset Management LLC | 7,173 | $378.2K | 0.00% | +7,173 | New |
| Stifel Financial Corp | 7,148 | $376.8K | 0.00% | +7,148 | New |
| Farallon Capital Management, L.L.C. | 7,000 | $369.0K | 0.00% | −635,000−98.9% | Reduced |
| Profund Advisors LLC | 6,666 | $351.4K | 0.01% | −595−8.2% | Reduced |
| Quantinno Capital Management LP | 6,123 | $322.8K | 0.00% | +277+4.7% | Added |
| Virtus Investment Advisers, Inc. | 6,058 | $319.4K | 0.09% | +146+2.5% | Added |
| Integrated Quantitative Investments LLC | 5,671 | $299.0K | 0.05% | +5,671 | New |
| Mirae Asset Global Investments Co., Ltd. | 5,546 | $292.4K | 0.00% | +1,169+26.7% | Added |
| US Bancorp | 5,190 | $273.6K | 0.00% | +583+12.7% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 5,130 | $270.5K | 0.00% | +5,130 | New |
| Oddo BHF Asset Management SAS | 5,000 | $263.6K | 0.01% | +5,000 | New |
| Nisa Investment Advisors, LLC | 4,909 | $258.8K | 0.00% | +1,511+44.5% | Added |
| Oppenheimer Asset Management Inc. | 4,735 | $249.6K | 0.00% | +4,735 | New |
| Wiley Bros.-Aintree Capital, LLC | 4,428 | $233.1K | 0.00% | +4,428 | New |
| Snowden Capital Advisors LLC | 4,411 | $232.5K | 0.01% | +4,411 | New |
| Landscape Capital Management, L.L.C. | 4,248 | $224.0K | 0.01% | +4,248 | New |
| CWM, LLC | 4,172 | $219.9K | 0.00% | +1,382+49.5% | Added |
| Principal Financial Group Inc | 4,064 | $214.3K | 0.00% | +4,064 | New |
| Swiss Life Asset Management Ltd | 4,034 | $212.7K | 0.00% | +4,034 | New |
| Wealth Enhancement Advisory Services, LLC | 4,011 | $211.5K | 0.00% | +4,011 | New |
| Total Clarity Wealth Management, Inc. | 3,950 | $208.2K | 0.05% | +3,950 | New |
| Cetera Investment Advisers | 3,894 | $205.3K | 0.00% | +3,894 | New |
| EverSource Wealth Advisors, LLC | 3,689 | $194.5K | 0.01% | +1,482+67.1% | Added |
| Sterling Capital Management LLC | 3,184 | $167.9K | 0.00% | −1,759−35.6% | Reduced |
| Natixis | 2,800 | $147.6K | 0.00% | +2,800 | New |
| Advisor Group Holdings, Inc. | 2,624 | $138.3K | 0.00% | +439+20.1% | Added |
| The PNC Financial Services Group, Inc. | 2,060 | $108.6K | 0.00% | +1,124+120.1% | Added |
| GF Fund Management Co. Ltd. | 2,023 | $106.7K | 0.00% | +253+14.3% | Added |
| KBC Group NV | 1,683 | $89.0K | 0.00% | +1,683 | New |
| IFP Advisors, Inc | 1,424 | $75.1K | 0.00% | +1,424 | New |
| Rockefeller Capital Management L.P. | 1,381 | $72.8K | 0.00% | +1,107+404.0% | Added |
| State of Wyoming | 1,157 | $61.0K | 0.01% | +1,157 | New |
| iA Global Asset Management Inc. | 1,073 | $57.0K | 0.00% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1,061 | $55.9K | 0.00% | +1,061 | New |
| Caitong International Asset Management Co., Ltd | 1,021 | $53.8K | 0.01% | +1,021 | New |
| Quadrant Capital Group LLC | 998 | $52.6K | 0.00% | −167−14.3% | Reduced |
| GAMMA Investing LLC | 926 | $48.8K | 0.00% | +55+6.3% | Added |
| Kemnay Advisory Services Inc. | 865 | $45.6K | 0.01% | +865 | New |
| Allworth Financial LP | 781 | $41.2K | 0.00% | +461+144.1% | Added |
| Federated Hermes, Inc. | 719 | $37.9K | 0.00% | +550+325.4% | Added |
| Fifth Third Bancorp | 605 | $31.9K | 0.00% | +605 | New |
| Bessemer Group Inc | 541 | $29.0K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 525 | $27.7K | 0.00% | +336+177.8% | Added |
| Antipodes Partners Ltd | 455 | $24.0K | 0.00% | +455 | New |
| Parallel Advisors, LLC | 416 | $21.9K | 0.00% | +68+19.5% | Added |
| Advisory Services Network, LLC | 382 | $20.1K | 0.00% | +382 | New |
| SBI Securities Co., Ltd. | 372 | $19.6K | 0.00% | +170+84.2% | Added |
| Rothschild Investment LLC | 370 | $19.5K | 0.00% | +59+19.0% | Added |
| Signaturefd, LLC | 353 | $18.6K | 0.00% | +331+1,504.5% | Added |
| E Fund Management (Hong Kong) Co., Ltd. | 337 | $17.8K | 0.01% | +337 | New |
| Basecamp Wealth Advisors LLC | 287 | $15.1K | 0.00% | +147+105.0% | Added |
| Massmutual Trust Co FSB | 264 | $13.9K | 0.00% | +24+10.0% | Added |
| Smartleaf Asset Management LLC | 206 | $10.9K | 0.00% | +174+543.8% | Added |
| Fortitude Family Office, LLC | 192 | $10.1K | 0.00% | −269−58.4% | Reduced |
| Accent Capital Management, LLC | 188 | $9.91K | 0.00% | +63+50.4% | Added |
| Rialto Wealth Management, LLC | 162 | $8.54K | 0.00% | 00.0% | Unchanged |
| SMA Capital LLC | 143 | $7.54K | 0.00% | +143 | New |
| Rossby Financial, LCC | 124 | $6.55K | 0.00% | +124 | New |
| Kilter Group LLC | 116 | $6.12K | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 109 | $5.75K | 0.00% | +109 | New |
| Pinnacle Wealth Planning Services, Inc. | 100 | $5.27K | 0.00% | +36+56.3% | Added |
| Ameritas Advisory Services, LLC | 96 | $5.06K | 0.00% | +96 | New |
| Acadian Asset Management LLC | 98 | $5.00K | 0.00% | −188,927−99.9% | Reduced |
| Capital Advisors, Ltd. LLC | 89 | $5.00K | 0.00% | +84+1,680.0% | Added |
| Whittier Trust Co of Nevada Inc | 77 | $4.06K | 0.00% | +77 | New |
| Atlantic Union Bankshares Corp | 76 | $4.01K | 0.00% | +40+111.1% | Added |
| Sunbelt Securities, Inc. | 71 | $3.74K | 0.00% | 00.0% | Unchanged |
| Silicon Valley Capital Partners | 67 | $3.53K | 0.00% | +67 | New |
| WPG Advisers, LLC | 66 | $3.48K | 0.00% | +66 | New |
| Farther Finance Advisors, LLC | 62 | $3.27K | 0.00% | +60+3,000.0% | Added |