ACM
TERN

ADAR1 Capital Management’s Terns Pharmaceuticals TERN Stock Holding History

ADAR1 Capital Management’s Portfolio TERN Stock Details TERN Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		$48.2M Buy
914,699
+373,084
+69% +$15.3M 2.84% 6
2025
Q4 		$21.9M Buy
541,615
+531,615
+5,316% +$12.3M 1.61% 12
2025
Q3 		$75.1K Sell
10,000
-18,415
-65% -$118K 0.01% 204
2025
Q2 		$106K Buy
+28,415
New +$88.7K 0.02% 174
2024
Q4 		– Sell
-24,702
Closed -$206K – 296
2024
Q3 		$206K Buy
24,702
+9,702
+65% +$79.8K 0.03% 162
2024
Q2 		$102K Buy
15,000
+10,000
+200% +$60.6K 0.02% 165
2024
Q1 		$32.8K Sell
5,000
-8,007
-62% -$52.3K 0.01% 204
2023
Q4 		$84.4K Buy
+13,007
New +$68.8K 0.03% 100

Other funds holding TERN

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
ACA
Avoro Capital Advisors New York $10.2B AUM 149.19% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
Holocene Advisors
Holocene Advisors New York $41.5B AUM 42.97% 1-Year Est. Return
Citadel Advisors
Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return
Millennium Management
Millennium Management New York $240B AUM 35.51% 1-Year Est. Return
HI
HBK Investments Dallas, Texas $9.85B AUM 55.6% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return
Lord, Abbett & Co
Lord, Abbett & Co Jersey City, New Jersey $30.6B AUM 57.44% 1-Year Est. Return

ADAR1 Capital Management's TERN Position: Q1 2026 in Review

ADAR1 Capital Management increased its Terns Pharmaceuticals (TERN) stake by 69% in Q1 2026, buying an estimated $15.3M and bringing the position to 914,699 shares worth $48.2M. The position accounts for 2.84% of the portfolio, ranked #6.

ADAR1 Capital Management first reported a position in TERN in Q4 2023 and has held it in 8 quarters since. 317 funds tracked by Wall St. Rank hold TERN as of Q1 2026.

  • ADAR1 Capital Management held 914,699 shares of Terns Pharmaceuticals worth $48.2M as of Q1 2026.
  • ADAR1 Capital Management bought 373,084 Terns Pharmaceuticals shares in Q1 2026, an estimated $15.3M.
  • Terns Pharmaceuticals made up 2.84% of ADAR1 Capital Management's portfolio in Q1 2026, its #6 holding.
  • ADAR1 Capital Management first reported a position in Terns Pharmaceuticals in Q4 2023 and has held it in 8 quarters since.
  • 317 funds tracked by Wall St. Rank held Terns Pharmaceuticals as of Q1 2026.

Based on ADAR1 Capital Management's 13F filing for Q1 2026, filed 18 May 2026.