Terns PharmaceuticalsTERN

13F holders, Q2 2025 (June 30)
129holders −8
22new positions
32sold out
4famous investors
$3.73avg. 13F price*

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

0100200300400 Q1 2024: 112Q1 2024Q2 2024: 126Q2 2024Q3 2024: 156Q3 2024Q4 2024: 157Q4 2024Q1 2025: 137Q1 2025Q2 2025: 129Q2 2025Q3 2025: 141Q3 2025Q4 2025: 248Q4 2025Q1 2026: 317Q1 2026Q2 2026: 1Q2 2026

Total Exit/New Position Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions22$10.8M
Exits32$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
CIBC Private Wealth Group LLC 0.00% No change 5,000 $19K
Nisa Investment Advisors, LLC 0.00% Add +993.2% 4,351 $16K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +18.7% 3,374 $13K
NewEdge Advisors, LLC 0.00% New 2,698 $10K
Cwm, LLC 0.00% Add +5480.9% 2,623 $10K
Amalgamated Bank 0.00% No change 2,426 $9K
GF Fund Management Co. LTD. 0.00% No change 2,174 $8K
Parallel Advisors, LLC 0.00% Add +8.2% 2,163 $8K
Sterling Capital Management LLC 0.00% Add +63.2% 1,880 $7K
US Bancorp \de 0.00% Reduce -31.8% 1,671 $6K
EverSource Wealth Advisors, LLC 0.00% New 1,285 $5K
Country Trust Bank 0.00% New 1,000 $4K
PNC Financial Services Group, Inc. 0.00% Add +61.3% 779 $3K
Allworth Financial LP 0.00% Add +474.1% 488 $2K
Rise Advisors, LLC 0.00% New 362 $1K
Fortitude Family Office, LLC 0.00% New 336 $1K
Mid-American Wealth Advisory Group, Inc. 0.00% New 301 $1K
Elevation Wealth Partners, LLC 0.00% No change 281 $1K
Rothschild Investment LLC 0.00% Add +700.0% 280 $1K
Daiwa Securities Group Inc. 0.00% No change 151 $1K
SBI Securities Co., Ltd. 0.00% Reduce -6.3% 224 $836
MAI Capital Management 0.00% No change 189 $705
Rialto Wealth Management, LLC 0.00% New 162 $605
Brooklyn Investment Group 0.00% New 145 $541
Global Retirement Partners, LLC 0.00% — 42 $157
Osaic Holdings, Inc. 0.00% New 10 $37
Essential Partners LLC 0.00% — 8 $30
AlphaQuest LLC 0.00% No change 1 $4
Capital Advisors, Ltd. LLC 0.00% No change 89 $0

"% of holder's portfolio" is TERN's weight in each manager's 13F, not the share of Terns Pharmaceuticals Inc. the manager owns.