Balyasny Asset Management
TERN

Balyasny Asset Management’s Terns Pharmaceuticals TERN Stock Holding History

Balyasny Asset 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 		$147M Buy
2,779,445
+1,887,542
+212% +$77.5M 0.19% 103
2025
Q4 		$36M Buy
+891,903
New +$20.6M 0.05% 463
2025
Q2 		– Sell
-127,887
Closed -$353K – 3338
2025
Q1 		$353K Buy
+127,887
New +$522K ﹤0.01% 2392
2024
Q3 		– Sell
-19,161
Closed -$130K – 3158
2024
Q2 		$130K Buy
+19,161
New +$116K ﹤0.01% 2387
2024
Q1 		– Sell
-13,854
Closed -$89.9K – 3110
2023
Q4 		$89.9K Buy
+13,854
New +$73.2K ﹤0.01% 2390
2023
Q3 		– Sell
-583,651
Closed -$5.11M – 2724
2023
Q2 		$5.11M Buy
583,651
+215,980
+59% +$2.52M 0.01% 1048
2023
Q1 		$4.35M Buy
+367,671
New +$3.51M 0.01% 1138
2021
Q3 		– Sell
-10,308
Closed -$126K – 2414
2021
Q2 		$126K Buy
+10,308
New +$176K ﹤0.01% 1776

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

Balyasny Asset Management's TERN Position: Q1 2026 in Review

Balyasny Asset Management increased its Terns Pharmaceuticals (TERN) stake by 212% in Q1 2026, buying an estimated $77.5M and bringing the position to 2,779,445 shares worth $147M. The position accounts for 0.19% of the portfolio, ranked #103.

Balyasny Asset Management first reported a position in TERN in Q2 2021 and has held it in 8 quarters since. 317 funds tracked by Wall St. Rank hold TERN as of Q1 2026.

  • Balyasny Asset Management held 2,779,445 shares of Terns Pharmaceuticals worth $147M as of Q1 2026.
  • Balyasny Asset Management bought 1,887,542 Terns Pharmaceuticals shares in Q1 2026, an estimated $77.5M.
  • Terns Pharmaceuticals made up 0.19% of Balyasny Asset Management's portfolio in Q1 2026, its #103 holding.
  • Balyasny Asset Management first reported a position in Terns Pharmaceuticals in Q2 2021 and has held it in 8 quarters since.
  • 317 funds tracked by Wall St. Rank held Terns Pharmaceuticals as of Q1 2026.

Based on Balyasny Asset Management's 13F filing for Q1 2026, filed 15 May 2026.