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Terns Pharmaceuticals

93 hedge funds and large institutions have $310M invested in Terns Pharmaceuticals in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 38 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

less ownership

Funds ownership:

less funds holding

Funds holding:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

39% less capital invested

Capital invested by funds: $505M → $310M (-$195M)

50% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 20

83% less funds holding in top 10

Funds holding in top 10: 61 (-5)

Holders
93
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$2.17M
Puts
$84K
Net Calls
Net Calls Change

Top Buyers

1 +$24.7M
2 +$5.41M
3 +$5.02M
4
Morgan Stanley
Morgan Stanley
New York
+$4.32M
5
Franklin Resources
Franklin Resources
California
+$3.34M

Top Sellers

1 -$16.6M
2 -$9.72M
3 -$5.11M
4
Millennium Management
Millennium Management
New York
-$3.36M
5
Marshall Wace
Marshall Wace
United Kingdom
-$3.12M
Name Holding Trade Value Shares
Change
Change in
Stake
26
$1.46M
27
$1.42M
28
$1.3M
29
$1.02M
30
$832K
31
$745K
32
$679K
33
$654K
34
$649K
35
$597K
36
$576K
37
$507K
38
$503K
39
$503K
40
$460K
41
$446K
42
$417K
43
$381K
44
$342K
45
$342K
46
$297K
47
$274K
48
$226K
49
$210K
50
$207K