Terns PharmaceuticalsTERN
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 141 institutions reported holding Terns Pharmaceuticals Inc. (TERN) in their 13F filings, up 12 from Q2 2025. 27 opened new positions and 15 sold out. The largest holders were Soleus Capital Management, L.P. ($61.0M), Morgan Stanley ($57.0M) and Orbimed Advisors LLC ($56.8M). 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 Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 27 | $55.7M |
| Exits | 15 | $5.9M |
All 13F filers, Q2 2025 → Q3 2025: 13,838,522 shares bought and 8,313,800 shares sold, net +5,524,722 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 141 holders
| Soleus Capital Management, L.P. | 3.26% | Reduce -0.5% | 8,127,100 | $61.0M |
| Morgan Stanley | 0.00% | Add +4.6% | 7,589,095 | $57.0M |
| Orbimed Advisors LLC | 1.36% | No change | 7,562,971 | $56.8M |
| Deep Track Capital, LP | 1.57% | No change | 7,495,000 | $56.3M |
| Vivo Capital, LLC | 4.17% | No change | 6,895,746 | $51.8M |
| Commodore Capital LP | 2.09% | New | 5,700,000 | $42.8M |
| BlackRock, Inc. | 0.00% | Add +1.5% | 5,551,308 | $41.7M |
| Vanguard Group Inc. | 0.00% | Add +5.9% | 4,559,917 | $34.2M |
| Adage Capital Partners Gp, L.L.C. | 0.05% | Add +207.7% | 3,939,000 | $29.6M |
| Candriam S.C.A. | 0.09% | No change | 2,368,235 | $17.8M |
| Acorn Capital Advisors, LLC | 7.52% | No change | 1,971,264 | $14.8M |
| Schonfeld Strategic Advisors LLC | 0.10% | Reduce -38.0% | 1,891,925 | $14.2M |
| Geode Capital Management, LLC | 0.00% | Add +5.0% | 1,714,552 | $12.9M |
| State Street Corp. | 0.00% | Add +16.9% | 1,605,693 | $12.1M |
| Citadel Advisors | 0.01% | Reduce -59.2% | 1,589,334 | $11.9M |
| Nuveen, LLC | 0.00% | Add +24.8% | 1,473,371 | $11.1M |
| Dimensional Fund Advisors LP | 0.00% | Reduce -11.8% | 1,456,401 | $10.9M |
| Franklin Resources Inc. | 0.00% | Add +0.0% | 1,277,463 | $9.6M |
| Pictet Asset Management Holding SA | 0.01% | New | 1,104,204 | $8.3M |
| UBS Group AG | 0.00% | Reduce -17.0% | 972,772 | $7.3M |
| Integral Health Asset Management, LLC | 0.52% | Add +35.7% | 950,000 | $7.1M |
| Millennium Management | 0.01% | Reduce -5.5% | 941,584 | $7.1M |
| Parkman Healthcare Partners LLC | 0.77% | Add +14.3% | 934,760 | $7.0M |
| Superstring Capital Management LP | 5.84% | Reduce -38.6% | 789,646 | $5.9M |
| Bank of America Corp. | 0.00% | Add +42.7% | 704,773 | $5.3M |
| JPMorgan Chase & Co. | 0.00% | Add +90.6% | 682,708 | $5.1M |
| Renaissance Technologies | 0.01% | Reduce -26.6% | 676,834 | $5.1M |
| Northern Trust Corp. | 0.00% | Add +2.9% | 587,545 | $4.4M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +160.1% | 583,268 | $4.4M |
| Goldman Sachs Group Inc. | 0.00% | Add +67.6% | 546,829 | $4.1M |
| Acuta Capital Partners, LLC | 3.90% | Add +8.4% | 502,797 | $3.8M |
| Invesco Ltd. | 0.00% | Add +405.3% | 477,674 | $3.6M |
| Deutsche Bank AG | 0.00% | Add +2.0% | 380,749 | $2.9M |
| Salem Investment Counselors Inc. | 0.07% | No change | 346,850 | $2.6M |
| Diadema Partners LP | 1.69% | Add +24.4% | 323,159 | $2.4M |
| Woodline Partners LP | 0.01% | Reduce -3.2% | 292,055 | $2.2M |
| Wellington Management Group LLP | 0.00% | Reduce -24.4% | 253,409 | $1.9M |
| Schroder Investment Management Group | 0.00% | Reduce -42.1% | 217,931 | $1.7M |
| Bank of New York Mellon Corp | 0.00% | Add +3.0% | 208,181 | $1.6M |
| Boothbay Fund Management, LLC | 0.04% | Add +216.8% | 178,875 | $1.3M |
| American Century Companies Inc. | 0.00% | Add +27.3% | 165,046 | $1.2M |
| Ikarian Capital, LLC | 0.25% | Add +180.7% | 164,202 | $1.2M |
| Jacobs Levy Equity Management, Inc. | 0.00% | Reduce -32.4% | 136,979 | $1.0M |
| Samsara Biocapital, LLC | 0.13% | Reduce -33.0% | 135,573 | $1.0M |
| Barclays PLC | 0.00% | Reduce -46.7% | 130,391 | $979K |
| Platinum Investment Management Ltd. | 0.06% | New | 125,156 | $940K |
| Exchange Traded Concepts, LLC | 0.01% | Reduce -46.7% | 121,455 | $912K |
| Rhumbline Advisers | 0.00% | Reduce -1.5% | 104,837 | $787K |
| E. Ohman J:or Asset Management AB | 0.02% | No change | 102,410 | $769K |
| Bridgeway Capital Management, LLC | 0.02% | No change | 95,000 | $713K |
| T. Rowe Price Associates Inc. | 0.00% | Add +18.4% | 94,173 | $708K |
| Alliancebernstein L.P. | 0.00% | No change | 92,900 | $698K |
| AlphaQuest LLC | 0.04% | Add +9088200.0% | 90,883 | $683K |
| Stempoint Capital LP | 0.14% | New | 89,617 | $673K |
| BNP Paribas Financial Markets | 0.00% | Reduce -83.0% | 86,309 | $648K |
| Cinctive Capital Management LP | 0.03% | Reduce -29.5% | 77,555 | $582K |
| Qube Research & Technologies Ltd | 0.00% | Reduce -77.2% | 76,782 | $577K |
| Persistent Asset Partners Ltd | 0.40% | Add +24.4% | 74,365 | $558K |
| Prudential Financial Inc. | 0.00% | New | 69,120 | $519K |
| Dynamic Technology Lab Private Ltd | 0.08% | Add +237.2% | 66,576 | $500K |
| WINTON GROUP Ltd | 0.02% | New | 65,681 | $493K |
| Jane Street Group, LLC | 0.00% | New | 64,248 | $483K |
| FMR LLC | 0.00% | Add +2.4% | 60,350 | $453K |
| Wells Fargo & Company | 0.00% | Add +19.4% | 55,592 | $417K |
| MetLife Investment Management, LLC | 0.00% | No change | 45,596 | $342K |
| State of Wisconsin Investment Board | 0.00% | New | 45,482 | $342K |
| Alps Advisors Inc. | 0.00% | Reduce -9.6% | 42,630 | $320K |
| AQR Capital Management | 0.00% | Add +8.7% | 40,184 | $302K |
| Trexquant Investment LP | 0.00% | New | 38,223 | $287K |
| Zacks Investment Management | 0.00% | Add +142.9% | 36,100 | $271K |
| Two Sigma Investments, LP | 0.00% | Reduce -83.4% | 34,030 | $256K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -14.6% | 33,976 | $255K |
| Russell Investments Group, Ltd. | 0.00% | Add +29.6% | 32,172 | $242K |
| Intech Investment Management LLC | 0.00% | Reduce -32.8% | 30,993 | $233K |
| Group One Trading LLC | 0.01% | New | 30,669 | $230K |
| Virtus Investment Advisers, LLC | 0.06% | Add +21.0% | 28,953 | $217K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -8.6% | 24,924 | $187K |
| Graham Capital Management, L.P. | 0.01% | Reduce -67.2% | 24,294 | $182K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | Add +46.9% | 22,050 | $166K |
| Velan Capital Investment Management LP | 0.14% | No change | 20,000 | $150K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Add +6.3% | 17,649 | $133K |
| New York State Common Retirement Fund | 0.00% | No change | 17,571 | $132K |
| Stoneridge Investment Partners LLC | 0.09% | Reduce -18.1% | 16,867 | $127K |
| Creative Planning | 0.00% | New | 16,035 | $120K |
| Royal Bank of Canada | 0.00% | Reduce -91.9% | 15,713 | $117K |
| ProShare Advisors LLC | 0.00% | Reduce -14.4% | 15,481 | $116K |
| China Universal Asset Management Co., Ltd. | 0.01% | Reduce -12.6% | 15,339 | $115K |
| Caxton Associates LLP | 0.00% | New | 15,168 | $114K |
| Voya Investment Management LLC | 0.00% | Reduce -32.3% | 13,666 | $103K |
| Landscape Capital Management, L.L.C. | 0.01% | No change | 13,196 | $99K |
| Profund Advisors LLC | 0.00% | New | 12,759 | $96K |
| Squarepoint Ops LLC | 0.00% | Reduce -85.5% | 12,734 | $96K |
| Citigroup Inc. | 0.00% | Reduce -67.0% | 12,612 | $95K |
| Oppenheimer & Co. Inc. | 0.00% | New | 12,466 | $94K |
| SummitTX Capital, L.P. | 0.00% | Reduce -89.8% | 11,706 | $88K |
| Fox Run Management, L.L.C. | 0.01% | New | 11,610 | $87K |
| Polymer Capital Management (US) LLC | 0.01% | New | 10,144 | $76K |
| Sio Capital Management, LLC | 0.02% | No change | 10,100 | $76K |
| DLD Asset Management, LP | 0.03% | Reduce -73.0% | 10,000 | $75K |
| ADAR1 Capital Management, LLC | 0.01% | Reduce -64.8% | 10,000 | $75K |
"% of holder's portfolio" is TERN's weight in each manager's 13F, not the share of Terns Pharmaceuticals Inc. the manager owns.