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TERN

Terns Pharmaceuticals

Delisted

TERN was delisted on the 4th of May, 2026.

126 hedge funds and large institutions have $447M invested in Terns Pharmaceuticals in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 45 increasing their positions, 24 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

359% more call options, than puts

Call options by funds: $3.72M | Put options by funds: $809K

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

88% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 24

60% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 25

13% more funds holding

Funds holding: 112126 (+14)

8% more capital invested

Capital invested by funds: $415M → $447M (+$31.8M)

3.58% more ownership

Funds ownership: 97.82%101.4% (+3.6%)

Holders
126
Holders Change
+14
Holders Change %
+12.5%
% of All Funds
1.82%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
40
Increased
45
Reduced
24
Closed
25
Calls
$3.72M
Puts
$809K
Net Calls
+$2.91M
Net Calls Change
+$2.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
76
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$154K +$30.6K +5,049 +29%
Invesco
77
Invesco
Georgia
$145K -$5.22K -862 -4%
Simplex Trading
78
Simplex Trading
Illinois
$144K +$129K +21,243 New
Creative Planning
79
Creative Planning
Kansas
$136K +$121K +19,901 New
VOYA Investment Management
80
VOYA Investment Management
Georgia
$134K +$32.5K +5,370 +38%
Balyasny Asset Management
81
Balyasny Asset Management
Illinois
$130K +$116K +19,161 New
New York State Common Retirement Fund
82
New York State Common Retirement Fund
New York
$120K
WVP
83
Worth Venture Partners
New Jersey
$119K +$106K +17,470 New
FRM
84
Fox Run Management
Connecticut
$112K +$100K +16,503 New
AGM
85
Alpine Global Management
New York
$109K +$97.4K +16,078 New
Tudor Investment Corp
86
Tudor Investment Corp
Connecticut
$107K +$95.4K +15,753 New
Walleye Trading
87
Walleye Trading
New York
$102K
ACM
88
ADAR1 Capital Management
Texas
$102K +$60.6K +10,000 +200%
OAM
89
Oxford Asset Management
United Kingdom
$100K +$89K +14,689 New
ZP
90
Zimmer Partners
New York
$95.6K +$85.1K +14,042 New
State Board of Administration of Florida Retirement System
91
State Board of Administration of Florida Retirement System
Florida
$84.7K +$75.4K +12,440 New
VEA
92
Virtus ETF Advisers
New York
$77.3K -$12.3K -2,028 -15%
BFG
93
Bleakley Financial Group
New Jersey
$71.9K +$64K +10,561 New
SW
94
Simplicity Wealth
New Jersey
$71.9K +$64K +10,561 New
HSBC Holdings
95
HSBC Holdings
United Kingdom
$70.8K -$23.1K -3,815 -27%
AIA
96
Alera Investment Advisors
Illinois
$69.4K +$61.7K +10,192 New
EC
97
EntryPoint Capital
New York
$61.8K -$26.1K -4,301 -32%
TRCT
98
Tower Research Capital (TRC)
New York
$59.4K +$49.1K +8,106 +1,310%
Royal Bank of Canada
99
Royal Bank of Canada
Ontario, Canada
$54K +$25.9K +4,279 +119%
CUAMC
100
China Universal Asset Management Company
China
$51.8K -$26K -4,289 -36%

TERN Hedge Fund Activity: Q2 2024 in Review

126 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Terns Pharmaceuticals (TERN) for Q2 2024, worth a combined $447M — up 7.7% from $415M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new TERN positions and 25 closed out — a net gain of 15 holders — while 45 added to existing stakes and 24 trimmed.

The largest buyer was Soleus Capital Management, opening a new position worth an estimated $30M. The largest seller was Millennium Management, cutting an estimated $13.9M.

  • 126 institutional investors held Terns Pharmaceuticals (TERN) as of Q2 2024, up from 112 in Q1 2024.
  • Funds reported $447M of Terns Pharmaceuticals stock for Q2 2024, up 7.7% quarter-over-quarter.
  • 40 funds opened new Terns Pharmaceuticals positions in Q2 2024 and 25 closed out, a net change of +15 holders.
  • The largest Terns Pharmaceuticals buyer in Q2 2024 was Soleus Capital Management, an estimated $30M added.
  • The largest Terns Pharmaceuticals seller in Q2 2024 was Millennium Management, an estimated $13.9M sold.

Based on aggregated 13F filings for Q2 2024.