AC
TERN

Armistice Capital’s Terns Pharmaceuticals TERN Stock Holding History

Armistice Capital’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 		– Sell
-172,479
Closed -$6.97M – 441
2025
Q4 		$6.97M Buy
+172,479
New +$3.99M 0.08% 114
2023
Q1 		– Sell
-560,000
Closed -$5.7M – 252
2022
Q4 		$5.7M Sell
560,000
-40,000
-7% -$266K 0.1% 95
2022
Q3 		$3.53M Buy
600,000
+276,984
+86% +$1.03M 0.06% 108
2022
Q2 		$801 Buy
+323,016
New +$645K 0.01% 130

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

Armistice Capital's TERN Position: Q1 2026 in Review

Armistice Capital sold out of Terns Pharmaceuticals (TERN) in Q1 2026, closing a stake of 172,479 shares — an estimated $6.97M sold.

Armistice Capital first reported a position in TERN in Q2 2022 and held it in 4 quarters. The position peaked at $6.97M in Q4 2025. 317 funds tracked by Wall St. Rank hold TERN as of Q1 2026.

  • Armistice Capital reported no remaining Terns Pharmaceuticals position as of Q1 2026 after selling out during the quarter.
  • Armistice Capital sold 172,479 Terns Pharmaceuticals shares in Q1 2026, an estimated $6.97M.
  • Armistice Capital first reported a position in Terns Pharmaceuticals in Q2 2022 and held it in 4 quarters.
  • Armistice Capital's Terns Pharmaceuticals position peaked at $6.97M in Q4 2025.
  • 317 funds tracked by Wall St. Rank held Terns Pharmaceuticals as of Q1 2026.

Based on Armistice Capital's 13F filing for Q1 2026, filed 15 May 2026.