Terns Pharmaceuticals
TERN
TERN was delisted on the 4th of May, 2026.
34 hedge funds and large institutions have $174M invested in Terns Pharmaceuticals in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 5 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
0.41% more ownership
Funds ownership: 66.14% → 66.55% (+0.41%)
6% less funds holding
Funds holding: 36 → 34 (-2)
14% less capital invested
Capital invested by funds: $204M → $174M (-$29.4M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.71M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$725K |
| 3 |
CCM
CAAS Capital Management
New York
|
+$679K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$521K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$313K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$2.04M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$927K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$223K |
| 4 |
Millennium Management
New York
|
-$181K |
| 5 |
Jane Street
New York
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $53K | +$1.63K | +157 | +3% |
|
27
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| $48K | -$76.8K | -7,399 | -61% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $18K | +$12K | +1,155 | +194% |
|
29
Citigroup
New York
| $17K | +$12.2K | +1,177 | +284% |
|
30
Legal & General Group
London,
United Kingdom
| $13K | +$4.15K | +400 | +46% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $8K | -$4.37K | -421 | -36% |
|
|
AIP
32
Ameritas Investment Partners
Lincoln,
Nebraska
| $7K | – | – | – |
|
33
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| $4K | +$4.15K | +400 | New |
|
|
34
Citadel Advisors
Miami,
Florida
| – | -$223K | -18,200 | Closed |
|
|
35
Millennium Management
New York
| – | -$181K | -14,769 | Closed |
|
|
36
Jane Street
New York
| – | -$147K | -11,973 | Closed |
|
37
Balyasny Asset Management
Chicago,
Illinois
| – | -$126K | -10,308 | Closed |
|
|
S
38
SignatureFD
Atlanta,
Georgia
| – | -$1K | -60 | Closed |
|
39
Wells Fargo
San Francisco,
California
| – | +$156 | +15 | New |
|
TERN Hedge Fund Activity: Q3 2021 in Review
34 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Terns Pharmaceuticals (TERN) for Q3 2021, worth a combined $174M — down 14% from $204M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TERN and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, adding an estimated $1.71M. The largest seller was Matthews International Capital Management, cutting an estimated $2.04M.
- 34 institutional investors held Terns Pharmaceuticals (TERN) as of Q3 2021, down from 36 in Q2 2021.
- Funds reported $174M of Terns Pharmaceuticals stock for Q3 2021, down 14% quarter-over-quarter.
- 3 funds opened new Terns Pharmaceuticals positions in Q3 2021 and 5 closed out, a net change of -2 holders.
- The largest Terns Pharmaceuticals buyer in Q3 2021 was BlackRock, an estimated $1.71M added.
- The largest Terns Pharmaceuticals seller in Q3 2021 was Matthews International Capital Management, an estimated $2.04M sold.
Based on aggregated 13F filings for Q3 2021.