Janus Henderson Group
TERN

Janus Henderson Group’s Terns Pharmaceuticals TERN Stock Holding History

Janus Henderson Group’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 		$77.5M Sell
1,470,057
-1,909,512
-57% -$78.4M 0.04% 329
2025
Q4 		$136M Buy
+3,379,569
New +$78.1M 0.06% 233
2024
Q2 		– Sell
-2,003,263
Closed -$13.1M – 2583
2024
Q1 		$13.1M Buy
2,003,263
+578,500
+41% +$3.78M 0.01% 641
2023
Q4 		$9.25M Buy
+1,424,763
New +$7.53M 0.01% 686

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

Janus Henderson Group's TERN Position: Q1 2026 in Review

Janus Henderson Group reduced its Terns Pharmaceuticals (TERN) stake by 57% in Q1 2026, selling an estimated $78.4M and leaving 1,470,057 shares worth $77.5M. The position accounts for 0.04% of the portfolio, ranked #329.

Janus Henderson Group first reported a position in TERN in Q4 2023 and has held it in 4 quarters since. The position peaked at $136M in Q4 2025. 317 funds tracked by Wall St. Rank hold TERN as of Q1 2026.

  • Janus Henderson Group held 1,470,057 shares of Terns Pharmaceuticals worth $77.5M as of Q1 2026.
  • Janus Henderson Group sold 1,909,512 Terns Pharmaceuticals shares in Q1 2026, an estimated $78.4M.
  • Terns Pharmaceuticals made up 0.04% of Janus Henderson Group's portfolio in Q1 2026, its #329 holding.
  • Janus Henderson Group first reported a position in Terns Pharmaceuticals in Q4 2023 and has held it in 4 quarters since.
  • Janus Henderson Group's Terns Pharmaceuticals position peaked at $136M in Q4 2025.
  • 317 funds tracked by Wall St. Rank held Terns Pharmaceuticals as of Q1 2026.

Based on Janus Henderson Group's 13F filing for Q1 2026, filed 15 May 2026.