Terns PharmaceuticalsTERN
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 129 institutions reported holding Terns Pharmaceuticals Inc. (TERN) in their 13F filings, down 8 from Q1 2025. 22 opened new positions and 32 sold out. The largest holders were Soleus Capital Management, L.P. ($30.5M), Orbimed Advisors LLC ($28.2M) and Deep Track Capital, LP ($28.0M). 4 famous investors held it, including Ken Griffin (0.0% of Citadel Advisors's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Terns Pharmaceuticals Inc.
- CUSIP
- 880881107
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 22 | $10.8M |
| Exits | 32 | $7.1M |
All 13F filers, Q1 2025 → Q2 2025: 7,018,241 shares bought and 6,999,275 shares sold, net +18,966 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 129 holders
| Soleus Capital Management, L.P. | 2.10% | No change | 8,167,100 | $30.5M |
| Orbimed Advisors LLC | 0.71% | No change | 7,562,971 | $28.2M |
| Deep Track Capital, LP | 0.90% | Add +34.4% | 7,495,000 | $28.0M |
| Morgan Stanley | 0.00% | Add +2.0% | 7,253,469 | $27.1M |
| Vivo Capital, LLC | 2.63% | No change | 6,895,746 | $25.7M |
| BlackRock, Inc. | 0.00% | Reduce -4.1% | 5,470,374 | $20.4M |
| Vanguard Group Inc. | 0.00% | Add +3.7% | 4,306,166 | $16.1M |
| Citadel Advisors | 0.01% | Reduce -0.2% | 3,899,011 | $14.5M |
| Schonfeld Strategic Advisors LLC | 0.09% | Reduce -20.7% | 3,049,891 | $11.4M |
| Candriam S.C.A. | 0.05% | Add +9.9% | 2,368,235 | $8.8M |
| Acorn Capital Advisors, LLC | 4.81% | No change | 1,971,264 | $7.4M |
| Dimensional Fund Advisors LP | 0.00% | Reduce -3.2% | 1,650,950 | $6.2M |
| Geode Capital Management, LLC | 0.00% | Add +3.8% | 1,633,349 | $6.1M |
| State Street Corp. | 0.00% | Add +3.7% | 1,373,441 | $5.1M |
| Superstring Capital Management LP | 5.98% | Reduce -5.2% | 1,286,681 | $4.8M |
| Adage Capital Partners Gp, L.L.C. | 0.01% | New | 1,280,000 | $4.8M |
| Franklin Resources Inc. | 0.00% | New | 1,277,396 | $4.8M |
| Nuveen, LLC | 0.00% | Reduce -16.0% | 1,180,528 | $4.4M |
| UBS Group AG | 0.00% | Add +25.6% | 1,171,619 | $4.4M |
| Millennium Management | 0.00% | Reduce -10.8% | 996,826 | $3.7M |
| Renaissance Technologies | 0.00% | Reduce -35.7% | 922,534 | $3.4M |
| Parkman Healthcare Partners LLC | 0.35% | Reduce -14.8% | 817,808 | $3.1M |
| Integral Health Asset Management, LLC | 0.24% | No change | 700,000 | $2.6M |
| Northern Trust Corp. | 0.00% | Reduce -2.3% | 570,781 | $2.1M |
| BNP Paribas Financial Markets | 0.00% | Add +11.6% | 506,777 | $1.9M |
| Bank of America Corp. | 0.00% | Reduce -39.2% | 493,805 | $1.8M |
| Acuta Capital Partners, LLC | 2.42% | Add +42.5% | 463,864 | $1.7M |
| Walleye Capital LLC | 0.01% | Reduce -36.6% | 376,559 | $1.4M |
| Schroder Investment Management Group | 0.00% | No change | 376,204 | $1.4M |
| Deutsche Bank AG | 0.00% | Reduce -3.2% | 373,247 | $1.4M |
| JPMorgan Chase & Co. | 0.00% | Add +21.8% | 358,206 | $1.3M |
| Salem Investment Counselors Inc. | 0.04% | No change | 346,850 | $1.3M |
| Qube Research & Technologies Ltd | 0.00% | Reduce -51.6% | 336,665 | $1.3M |
| Wellington Management Group LLP | 0.00% | Add +4.4% | 335,169 | $1.3M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -21.4% | 326,233 | $1.2M |
| Two Sigma Advisers, LP | 0.00% | Add +189.1% | 316,836 | $1.2M |
| Woodline Partners LP | 0.01% | No change | 301,612 | $1.1M |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | 0.03% | Reduce -18.6% | 273,619 | $1.0M |
| Diadema Partners LP | 0.60% | Add +363.2% | 259,852 | $969K |
| Barclays PLC | 0.00% | Reduce -62.5% | 244,637 | $912K |
| LPL Financial LLC | 0.00% | Add +0.5% | 241,825 | $902K |
| Exchange Traded Concepts, LLC | 0.01% | Add +65.5% | 227,847 | $850K |
| Charles Schwab Investment Management Inc. | 0.00% | Add +8.6% | 224,220 | $836K |
| Two Sigma Investments, LP | 0.00% | Add +60.8% | 204,957 | $764K |
| Jacobs Levy Equity Management, Inc. | 0.00% | Reduce -59.1% | 202,570 | $756K |
| Samsara Biocapital, LLC | 0.15% | No change | 202,348 | $755K |
| Bank of New York Mellon Corp | 0.00% | Add +8.2% | 202,214 | $754K |
| Infinitum Asset Management, LLC | 0.17% | No change | 200,000 | $746K |
| Royal Bank of Canada | 0.00% | Add +3353.2% | 194,345 | $725K |
| American Century Companies Inc. | 0.00% | Add +14.0% | 129,668 | $484K |
| SummitTX Capital, L.P. | 0.02% | Add +14.7% | 114,851 | $428K |
| Cinctive Capital Management LP | 0.02% | No change | 109,997 | $410K |
| Rhumbline Advisers | 0.00% | Add +10.1% | 106,451 | $397K |
| E. Ohman J:or Asset Management AB | 0.01% | No change | 102,410 | $382K |
| Bridgeway Capital Management, LLC | 0.01% | New | 95,000 | $354K |
| Invesco Ltd. | 0.00% | Add +62.0% | 94,534 | $353K |
| Alliancebernstein L.P. | 0.00% | Add +44.9% | 92,900 | $347K |
| Squarepoint Ops LLC | 0.00% | Add +1.3% | 87,838 | $328K |
| Susquehanna International Group, LLP | 0.00% | Reduce -3.9% | 87,623 | $327K |
| T. Rowe Price Associates Inc. | 0.00% | Add +4.6% | 79,568 | $297K |
| Graham Capital Management, L.P. | 0.01% | Reduce -67.3% | 73,968 | $276K |
| Persistent Asset Partners Ltd | 0.20% | Add +366.9% | 59,797 | $223K |
| FMR LLC | 0.00% | Add +4228.1% | 58,949 | $220K |
| Ikarian Capital, LLC | 0.07% | Reduce -81.0% | 58,491 | $218K |
| Boothbay Fund Management, LLC | 0.01% | Reduce -55.5% | 56,464 | $211K |
| Alps Advisors Inc. | 0.00% | New | 47,156 | $176K |
| Wells Fargo & Company | 0.00% | Add +11.1% | 46,551 | $174K |
| Intech Investment Management LLC | 0.00% | Add +15.5% | 46,121 | $172K |
| MetLife Investment Management, LLC | 0.00% | Add +108.4% | 45,596 | $170K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -4.3% | 39,784 | $148K |
| Citigroup Inc. | 0.00% | Reduce -29.4% | 38,274 | $143K |
| DLD Asset Management, LP | 0.07% | New | 37,047 | $138K |
| AQR Capital Management | 0.00% | New | 36,974 | $138K |
| XTX Topco Ltd | 0.00% | New | 29,515 | $110K |
| ADAR1 Capital Management, LLC | 0.02% | New | 28,415 | $106K |
| Manufacturers Life Insurance Company, The | 0.00% | Add +8.3% | 27,262 | $102K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -11.9% | 24,820 | $93K |
| Virtus Investment Advisers, LLC | 0.03% | Reduce -4.0% | 23,927 | $89K |
| Stoneridge Investment Partners LLC | 0.06% | No change | 20,603 | $77K |
| Voya Investment Management LLC | 0.00% | Add +1.9% | 20,181 | $75K |
| Velan Capital Investment Management LP | 0.07% | Add +17.6% | 20,000 | $75K |
| Dynamic Technology Lab Private Ltd | 0.01% | Add +6.3% | 19,745 | $74K |
| ProShare Advisors LLC | 0.00% | Reduce -5.0% | 18,089 | $67K |
| New York State Common Retirement Fund | 0.00% | No change | 17,571 | $66K |
| China Universal Asset Management Co., Ltd. | 0.01% | Add +3.0% | 17,541 | $65K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Add +2.3% | 16,611 | $62K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 15,010 | $56K |
| Zacks Investment Management | 0.00% | New | 14,864 | $55K |
| Simplex Trading, LLC | 0.00% | New | 14,650 | $54K |
| Landscape Capital Management, L.L.C. | 0.00% | No change | 13,196 | $49K |
| LeConte Wealth Management, LLC | 0.03% | New | 12,641 | $47K |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 12,440 | $46K |
| Canada Pension Plan Investment Board | 0.00% | New | 12,300 | $46K |
| Engineers Gate Manager LP | 0.00% | New | 11,056 | $41K |
| Sio Capital Management, LLC | 0.02% | Add +1.0% | 10,100 | $38K |
| Vontobel Holding Ltd. | 0.00% | Reduce -28.6% | 10,000 | $37K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +18.4% | 8,197 | $31K |
| Legal & General Group Plc | 0.00% | Add +7.2% | 6,765 | $25K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 5,640 | $21K |
| California State Teachers Retirement System | 0.00% | No change | 5,171 | $19K |
"% of holder's portfolio" is TERN's weight in each manager's 13F, not the share of Terns Pharmaceuticals Inc. the manager owns.