Commodore Capital’s Terns Pharmaceuticals TERN Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2026
Q1
Sell
-1,475,000
Closed -$59.6M 43
2025
Q4
$59.6M Sell
1,475,000
-4,225,000
-74% -$97.6M 3.97% 10
2025
Q3
$42.8M Buy
+5,700,000
New +$36.4M 2.09% 18
2022
Q4
Sell
-205,870
Closed -$1.21M 38
2022
Q3
$1.21M Buy
+205,870
New +$765K 0.2% 30

Other funds holding TERN

Commodore Capital's TERN Position: Q1 2026 in Review

Commodore Capital sold out of Terns Pharmaceuticals (TERN) in Q1 2026, closing a stake of 1,475,000 shares — an estimated $59.6M sold.

Commodore Capital first reported a position in TERN in Q3 2022 and held it in 3 quarters. The position peaked at $59.6M in Q4 2025. 317 funds tracked by Wall St. Rank hold TERN as of Q1 2026.

  • Commodore Capital reported no remaining Terns Pharmaceuticals position as of Q1 2026 after selling out during the quarter.
  • Commodore Capital sold 1,475,000 Terns Pharmaceuticals shares in Q1 2026, an estimated $59.6M.
  • Commodore Capital first reported a position in Terns Pharmaceuticals in Q3 2022 and held it in 3 quarters.
  • Commodore Capital's Terns Pharmaceuticals position peaked at $59.6M in Q4 2025.
  • 317 funds tracked by Wall St. Rank held Terns Pharmaceuticals as of Q1 2026.

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