NCM
TERN

Nearwater Capital Markets’s Terns Pharmaceuticals TERN Stock Holding History

Nearwater Capital Markets’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 		$113M Buy
2,150,400
+445,600
+26% +$18.3M 2.67% 9
2025
Q4 		$68.9M Buy
+1,704,800
New +$39.4M 1.18% 23

Other funds holding TERN

BlackRock
BlackRock New York $6.73T AUM 46.02% 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

Nearwater Capital Markets's TERN Position: Q1 2026 in Review

Nearwater Capital Markets increased its Terns Pharmaceuticals (TERN) stake by 26% in Q1 2026, buying an estimated $18.3M and bringing the position to 2,150,400 shares worth $113M. The position accounts for 2.67% of the portfolio, ranked #9.

Nearwater Capital Markets first reported a position in TERN in Q4 2025 and has held it in 2 quarters since. 317 funds tracked by Wall St. Rank hold TERN as of Q1 2026.

  • Nearwater Capital Markets held 2,150,400 shares of Terns Pharmaceuticals worth $113M as of Q1 2026.
  • Nearwater Capital Markets bought 445,600 Terns Pharmaceuticals shares in Q1 2026, an estimated $18.3M.
  • Terns Pharmaceuticals made up 2.67% of Nearwater Capital Markets's portfolio in Q1 2026, its #9 holding.
  • Nearwater Capital Markets first reported a position in Terns Pharmaceuticals in Q4 2025 and has held it in 2 quarters since.
  • 317 funds tracked by Wall St. Rank held Terns Pharmaceuticals as of Q1 2026.

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