State of Wisconsin Investment Board’s Terns Pharmaceuticals TERN Stock Holding History

State of Wisconsin Investment Board’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	$2.69M	Buy	50,946 +25,072	+97%	+$1.03M	0.01%	1288
2025 Q4	$1.05M	Sell	25,874 -19,608	-43%	-$453K	﹤0.01%	1660
2025 Q3	$342K	Buy	+45,482	New	+$290K	﹤0.01%	2059
2025 Q2	–	Sell	-41,502	Closed	-$115K	–	2414
2025 Q1	$115K	Buy	41,502 +14,683	+55%	+$60K	﹤0.01%	2164
2024 Q4	$149K	Buy	+26,819	New	+$182K	﹤0.01%	2163
2023 Q3	–	Sell	-36,464	Closed	-$319K	–	2586
2023 Q2	$319K	Buy	+36,464	New	+$425K	﹤0.01%	1976

Other funds holding TERN

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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 New York $41.5B AUM 42.97% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

HBK Investments Dallas, Texas $9.85B AUM 55.6% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Lord, Abbett & Co Jersey City, New Jersey $30.6B AUM 57.44% 1-Year Est. Return

State of Wisconsin Investment Board's TERN Position: Q1 2026 in Review

State of Wisconsin Investment Board increased its Terns Pharmaceuticals (TERN) stake by 97% in Q1 2026, buying an estimated $1.03M and bringing the position to 50,946 shares worth $2.69M. The position accounts for 0.01% of the portfolio, ranked #1288.

State of Wisconsin Investment Board first reported a position in TERN in Q2 2023 and has held it in 6 quarters since. 317 funds tracked by Wall St. Rank hold TERN as of Q1 2026.

State of Wisconsin Investment Board held 50,946 shares of Terns Pharmaceuticals worth $2.69M as of Q1 2026.
State of Wisconsin Investment Board bought 25,072 Terns Pharmaceuticals shares in Q1 2026, an estimated $1.03M.
Terns Pharmaceuticals made up 0.01% of State of Wisconsin Investment Board's portfolio in Q1 2026, its #1288 holding.
State of Wisconsin Investment Board first reported a position in Terns Pharmaceuticals in Q2 2023 and has held it in 6 quarters since.
317 funds tracked by Wall St. Rank held Terns Pharmaceuticals as of Q1 2026.

Based on State of Wisconsin Investment Board's 13F filing for Q1 2026, filed 15 May 2026.