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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
51
$206K
52
$204K
53
$197K
54
$186K
55
$166K
56
$162K
57
$159K
58
$140K
59
$140K
60
$139K
61
$138K
62
$133K
63
$131K
64
$116K
65
$113K
66
$108K
67
$108K
68
$105K
69
$96.1K
70
$90K
71
$89.9K
72
$88.7K
73
$85.6K
74
$85.4K
75
$76.5K