Terns PharmaceuticalsTERN
13F holders, Q1 2026 (March 31)317holders +69
122new positions
54sold out
9famous investors
$52.61avg. 13F price*
At the end of Q1 2026, 317 institutions reported holding Terns Pharmaceuticals Inc. (TERN) in their 13F filings, up 69 from Q4 2025. 122 opened new positions and 54 sold out. The largest holders were BlackRock, Inc. ($504.5M), Morgan Stanley ($340.0M) and Avoro Capital Advisors LLC ($300.2M). 9 famous investors held it, including George Soros (0.3% of Soros Fund Management's portfolio), Israel Englander (0.1% of Millennium Management's portfolio) and Ken Griffin (0.1% of Citadel Advisors's portfolio).
- Company
- Terns Pharmaceuticals Inc.
- CUSIP
- 880881107
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 122 | $1.1B |
| Exits | 54 | $485.3M |
All 13F filers, Q4 2025 → Q1 2026: 41,248,145 shares bought and 38,341,712 shares sold, net +2,906,433 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 317 holders
| BlackRock, Inc. | 0.01% | Add +16.8% | 9,569,585 | $504.5M |
| Morgan Stanley | 0.02% | Reduce -18.8% | 6,449,140 | $340.0M |
| Avoro Capital Advisors LLC | 2.96% | Add +30.9% | 5,695,000 | $300.2M |
| Vanguard Capital Management LLC | 0.01% | — | 4,355,482 | $229.6M |
| Holocene Advisors, LP | 0.53% | Add +48.3% | 4,115,828 | $217.0M |
| Citadel Advisors | 0.12% | Add +1.6% | 3,218,810 | $169.7M |
| Millennium Management | 0.12% | Add +205.0% | 3,011,558 | $158.8M |
| HBK Investments L P | 2.12% | New | 2,950,000 | $155.5M |
| JPMorgan Chase & Co. | 0.01% | Add +61.9% | 2,869,728 | $151.8M |
| Lord, Abbett & Co. LLC | 0.51% | Add +3.7% | 2,812,938 | $148.3M |
| Balyasny Asset Management L.P. | 0.30% | Add +211.6% | 2,779,445 | $146.5M |
| Franklin Resources Inc. | 0.03% | Reduce -11.8% | 2,409,019 | $127.0M |
| Geode Capital Management, LLC | 0.01% | Add +10.5% | 2,316,544 | $122.2M |
| Glazer Capital, LLC | 2.69% | New | 2,295,498 | $121.0M |
| Paradigm Biocapital Advisors LP | 2.39% | Add +173.6% | 2,216,499 | $116.9M |
| Nearwater Capital Markets, Ltd | 2.67% | Add +26.1% | 2,150,400 | $113.4M |
| State Street Corp. | 0.00% | Add +20.5% | 2,139,662 | $112.8M |
| Adage Capital Partners Gp, L.L.C. | 0.17% | Reduce -61.7% | 2,124,817 | $112.0M |
| Capitolis Liquid Global Markets LLC | 0.66% | — | 1,975,800 | $104.2M |
| Acorn Capital Advisors, LLC | 26.17% | No change | 1,746,264 | $92.1M |
| Pictet Asset Management Holding SA | 0.09% | Add +5.0% | 1,655,575 | $87.3M |
| Logos Global Management LP | 4.07% | Add +100.0% | 1,500,000 | $79.1M |
| Janus Henderson Group PLC | 0.04% | Reduce -56.5% | 1,470,057 | $77.5M |
| Ikarian Capital, LLC | 10.98% | Reduce -8.8% | 1,456,378 | $76.8M |
| Capital International Investors | 0.02% | Add +34.4% | 1,424,504 | $75.1M |
| Vivo Capital, LLC | 5.85% | Reduce -75.0% | 1,334,418 | $70.4M |
| Dimensional Fund Advisors LP | 0.01% | Add +0.0% | 1,247,845 | $65.8M |
| UBS Group AG | 0.01% | Add +276.9% | 1,228,726 | $64.8M |
| Goldman Sachs Group Inc. | 0.01% | Add +4.1% | 1,106,961 | $58.4M |
| Deep Track Capital, LP | 1.17% | Add +39.6% | 1,073,877 | $56.6M |
| Whitebox Advisors LLC | 2.86% | New | 1,000,001 | $52.7M |
| Vestal Point Capital, LP | 1.47% | Reduce -77.8% | 1,000,000 | $52.7M |
| Marshall Wace, LLP | 0.05% | Add +5.6% | 927,600 | $48.9M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.08% | Reduce -39.0% | 924,562 | $48.7M |
| ADAR1 Capital Management, LLC | 2.92% | Add +68.9% | 914,699 | $48.2M |
| Nexpoint Asset Management, L.P. | 3.34% | New | 904,200 | $47.7M |
| First Trust Capital Management L.P. | 2.50% | New | 904,161 | $47.7M |
| Fort Baker Capital Management LP | 4.55% | New | 822,000 | $43.3M |
| Bank of America Corp. | 0.00% | Add +46.6% | 811,636 | $42.8M |
| Northern Trust Corp. | 0.01% | Add +21.2% | 805,236 | $42.5M |
| Verition Fund Management LLC | 0.44% | Add +6185.1% | 802,293 | $42.3M |
| Alliancebernstein L.P. | 0.01% | Reduce -19.8% | 1,032,679 | $41.7M |
| Toronto Dominion Bank | 0.08% | Reduce -44.2% | 781,800 | $41.2M |
| Nuveen, LLC | 0.01% | Reduce -28.3% | 772,592 | $40.7M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +1.4% | 747,377 | $39.4M |
| Polar Asset Management Partners Inc. | 1.24% | New | 725,000 | $38.2M |
| Vanguard Portfolio Management LLC | 0.00% | — | 722,389 | $38.1M |
| Fiera Capital Corp | 0.13% | New | 711,326 | $37.5M |
| Barclays PLC | 0.01% | Add +291.1% | 669,601 | $35.3M |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -34.9% | 634,496 | $33.5M |
| Candriam S.C.A. | 0.17% | Reduce -50.0% | 631,636 | $33.3M |
| NEXTBio Capital Management LP | 14.80% | Add +9.7% | 604,534 | $31.9M |
| Vanguard Fiduciary Trust Co. | 0.01% | — | 573,997 | $30.3M |
| Affinity Asset Advisors, LLC | 1.77% | Add +2.3% | 562,631 | $29.7M |
| Mariner, LLC | 0.03% | Add +2.8% | 557,361 | $29.4M |
| Qube Research & Technologies Ltd | 0.04% | Add +6918.3% | 537,884 | $28.4M |
| Octagon Capital Advisors LP | 3.09% | New | 530,000 | $27.9M |
| Susquehanna International Group, LLP | 0.04% | Add +6765.5% | 521,571 | $27.5M |
| Jones Hill Capital LP | 5.89% | — | 521,237 | $27.5M |
| TIG Advisors, LLC | 1.29% | New | 511,191 | $26.9M |
| Melqart Asset Management (UK) Ltd | 2.64% | New | 507,187 | $26.7M |
| Jennison Associates LLC | 0.02% | New | 501,419 | $26.4M |
| Acuta Capital Partners, LLC | 18.59% | Reduce -22.2% | 495,772 | $26.1M |
| Boothbay Fund Management, LLC | 0.61% | Add +8.8% | 486,170 | $25.6M |
| Neuberger Berman Group LLC | 0.02% | New | 480,740 | $25.3M |
| Beryl Capital Management LLC | 23.23% | New | 478,755 | $25.2M |
| Samlyn Capital, LLC | 0.43% | Reduce -42.0% | 472,472 | $24.9M |
| KVP Capital Advisors, LP | 17.32% | No change | 440,000 | $23.2M |
| Slotnik Capital, LLC | 6.59% | New | 420,700 | $22.2M |
| Eagle Health Investments LP | 4.57% | Add +50.0% | 412,497 | $21.7M |
| Catalio Capital Management, LP | 4.50% | Add +198.7% | 409,031 | $21.6M |
| LMR Partners LLP | 0.25% | New | 400,000 | $21.1M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.05% | Add +179.8% | 384,681 | $20.3M |
| Sculptor Capital LP | 0.48% | New | 380,000 | $20.0M |
| Wellington Management Group LLP | 0.00% | Reduce -52.4% | 375,505 | $19.8M |
| Boxer Capital Management, LLC | 2.60% | No change | 375,000 | $19.8M |
| Maven Securities LTD | 1.16% | Add +1150.0% | 375,000 | $19.8M |
| Hudson Bay Capital Management LP | 0.13% | Add +345.3% | 360,878 | $19.0M |
| First Turn Management, LLC | 1.92% | Reduce -62.5% | 326,694 | $17.2M |
| Soros Fund Management | 0.31% | New | 321,905 | $17.0M |
| SummitTX Capital, L.P. | 0.53% | Add +44.6% | 312,181 | $16.5M |
| Davidson Kempner Capital Management LP | 0.45% | New | 311,623 | $16.4M |
| Invesco Ltd. | 0.00% | Reduce -49.8% | 304,487 | $16.1M |
| Monashee Investment Management LLC | 10.21% | Add +52.0% | 300,000 | $15.8M |
| Atika Capital Management LLC | 2.50% | Reduce -6.6% | 300,000 | $15.8M |
| Cormorant Asset Management, LP | 0.80% | New | 300,000 | $15.8M |
| Ensign Peak Advisors, Inc | 0.03% | New | 299,199 | $15.8M |
| FMR LLC | 0.00% | Reduce -71.2% | 295,622 | $15.6M |
| Man Group plc | 0.03% | New | 284,931 | $15.0M |
| Bank of New York Mellon Corp | 0.00% | Add +8.9% | 281,667 | $14.8M |
| Magnetar Financial LLC | 0.16% | New | 281,614 | $14.8M |
| Squarepoint Ops LLC | 0.03% | Add +994.1% | 275,350 | $14.5M |
| Gabelli Funds LLC | 0.10% | New | 271,857 | $14.3M |
| Tudor Investment Corporation | 0.08% | Add +265.2% | 267,520 | $14.1M |
| Harvest Management LLC | 7.22% | New | 257,500 | $13.6M |
| Russell Investments Group, Ltd. | 0.01% | Reduce -0.9% | 244,898 | $12.9M |
| Blackstone Inc. | 0.05% | Reduce -51.5% | 231,282 | $12.2M |
| Absolute Gestao de Investimentos Ltda. | 1.39% | New | 230,000 | $12.1M |
| GABELLI & Co INVESTMENT ADVISERS, INC. | 1.61% | New | 205,700 | $10.8M |
| Prosight Management, LP | 1.75% | Add +113.0% | 202,300 | $10.7M |
"% of holder's portfolio" is TERN's weight in each manager's 13F, not the share of Terns Pharmaceuticals Inc. the manager owns.