Terns PharmaceuticalsTERN

13F holders, Q3 2025 (September 30)
141holders +12
27new positions
15sold out
4famous investors
$7.51avg. 13F price*

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

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 Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions27$55.7M
Exits15$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
Legal & General Group Plc 0.00% Reduce -8.0% 6,224 $47K
Ameritas Investment Partners, Inc. 0.00% No change 5,640 $42K
California State Teachers Retirement System 0.00% Add +0.1% 5,175 $39K
CIBC Private Wealth Group LLC 0.00% No change 5,000 $38K
Sterling Capital Management LLC 0.00% Add +165.4% 4,989 $37K
Nisa Investment Advisors, LLC 0.00% No change 4,351 $33K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +0.3% 3,383 $25K
Cwm, LLC 0.00% Add +5.9% 2,777 $21K
NewEdge Advisors, LLC 0.00% No change 2,698 $20K
Amalgamated Bank 0.00% No change 2,426 $18K
Tower Research Capital LLC (TRC) 0.00% Reduce -71.8% 2,312 $17K
Parallel Advisors, LLC 0.00% No change 2,163 $16K
Osaic Holdings, Inc. 0.00% Add +20000.0% 2,010 $16K
GF Fund Management Co. LTD. 0.00% Reduce -13.4% 1,883 $14K
Canada Pension Plan Investment Board 0.00% Reduce -88.6% 1,400 $11K
EverSource Wealth Advisors, LLC 0.00% Add +6.3% 1,366 $10K
Quadrant Capital Group LLC 0.00% New 1,165 $9K
PNC Financial Services Group, Inc. 0.00% Add +39.0% 1,083 $8K
Country Trust Bank 0.00% No change 1,000 $8K
Caitong International Asset Management Co., Ltd 0.00% New 651 $5K
US Bancorp \de 0.00% Reduce -67.6% 541 $4K
Fortitude Family Office, LLC 0.00% Add +37.2% 461 $3K
Optiver Holding B.V. 0.00% New 456 $3K
Rise Advisors, LLC 0.00% Add +22.9% 445 $3K
Elevation Wealth Partners, LLC 0.00% No change 281 $2K
Rothschild Investment LLC 0.00% No change 280 $2K
Allworth Financial LP 0.00% Reduce -53.3% 228 $2K
MAI Capital Management 0.00% No change 189 $1K
MassMutual Private Wealth & Trust, FSB 0.00% New 166 $1K
Rialto Wealth Management, LLC 0.00% No change 162 $1K
Arax Advisory Partners 0.00% New 147 $1K
Capital Advisors, Ltd. LLC 0.00% No change 89 $1K
Daiwa Securities Group Inc. 0.00% No change 151 $1K
SBI Securities Co., Ltd. 0.00% Reduce -44.2% 125 $939
Kilter Group LLC 0.00% New 116 $872
GAMMA Investing LLC 0.00% New 101 $759
Sunbelt Securities, Inc. 0.00% New 71 $533
Rockefeller Capital Management L.P. 0.00% New 63 $473
LGT Financial Advisors LLC 0.00% New 50 $376
Global Retirement Partners, LLC 0.00% No change 42 $315
Essential Partners LLC 0.00% No change 8 $60

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