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Terns Pharmaceuticals

137 hedge funds and large institutions have $229M invested in Terns Pharmaceuticals in 2025 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

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

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less ownership

Funds ownership:

less funds holding

Funds holding:

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

44% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 43

52% less capital invested

Capital invested by funds: $477M → $229M (-$248M)

Holders
137
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$989K
Puts
$410K
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAP
101
Persistent Asset Partners
Hong Kong
$35.3K
NRD
102
Nebula Research & Development
New York
$34.9K
State Board of Administration of Florida Retirement System
103
State Board of Administration of Florida Retirement System
Florida
$34.3K
PD
104
Point72 (DIFC)
United Arab Emirates
$33K
TWM
105
Thrive Wealth Management
Pennsylvania
$29K
SCM
106
Sio Capital Management
New York
$27.6K
TRCT
107
Tower Research Capital (TRC)
New York
$19.1K
Legal & General Group
108
Legal & General Group
United Kingdom
$17.4K
Ohio Public Employees Retirement System (OPERS)
109
Ohio Public Employees Retirement System (OPERS)
Ohio
$15.7K
AIP
110
Ameritas Investment Partners
Nebraska
$15.6K
Royal Bank of Canada
111
Royal Bank of Canada
Ontario, Canada
$15K
California State Teachers Retirement System (CalSTRS)
112
California State Teachers Retirement System (CalSTRS)
California
$14.3K
CIBC Private Wealth Group
113
CIBC Private Wealth Group
Georgia
$10.3K
Mirae Asset Global Investments
114
Mirae Asset Global Investments
South Korea
$8.3K
AB
115
Amalgamated Bank
New York
$7K
US Bancorp
116
US Bancorp
Minnesota
$6.76K
GFM
117
GF Fund Management
China
$6K
PA
118
Parallel Advisors
California
$5.52K
HWA
119
HHM Wealth Advisors
Tennessee
$3.86K
Fidelity Investments
120
Fidelity Investments
Massachusetts
$3.76K
SCM
121
Sterling Capital Management
North Carolina
$3.18K
CCM
122
Coldstream Capital Management
Washington
$2.75K
CIAM
123
Caitong International Asset Management
Hong Kong
$1.47K
PNC Financial Services Group
124
PNC Financial Services Group
Pennsylvania
$1.33K
CA
125
CoreCap Advisors
Michigan
$1.1K