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Terns Pharmaceuticals

246 hedge funds and large institutions have $4.95B invested in Terns Pharmaceuticals in 2025 Q4 according to their latest regulatory filings, with 123 funds opening new positions, 72 increasing their positions, 42 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

more capital invested

Capital invested by funds: $ → $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more call options, than puts

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

more funds holding in top 10

Funds holding in top 10:

76% more funds holding

Funds holding: 140246 (+106)

71% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 42

34.81% more ownership

Funds ownership: 101.28%136.09% (+35%)

Holders
246
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$61.1M
Puts
$11.9M
Net Calls
Net Calls Change

Top Buyers

1 +$104M
2 +$101M
3 +$78.1M
4
CLGM
Capitolis Liquid Global Markets
New York
+$70.4M
5
Holocene Advisors
Holocene Advisors
New York
+$64.1M

Top Sellers

1 -$183M
2 -$155M
3 -$125M
4
CC
Commodore Capital
New York
-$97.6M
5
VC
Vivo Capital
California
-$35.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
126
Two Sigma Investments
New York
$1.77M
SG Americas Securities
127
SG Americas Securities
New York
$1.77M
YIH
128
Y-Intercept (HK)
Hong Kong
$1.69M
BGM
129
Burkehill Global Management
New York
$1.62M
Mirae Asset Global ETFs Holdings
130
Mirae Asset Global ETFs Holdings
Hong Kong
$1.61M
EAM
131
Erste Asset Management
Austria
$1.54M
Prudential Financial
132
Prudential Financial
New Jersey
$1.39M
FC
133
FORA Capital
Florida
$1.36M
HIS
134
Harvest Investment Services
Illinois
$1.34M
PCMH
135
Polymer Capital Management (HK)
Hong Kong
$1.34M
IIM
136
INTECH Investment Management
Florida
$1.33M
Raymond James Financial
137
Raymond James Financial
Florida
$1.3M
BCM
138
Bridgeway Capital Management
Texas
$1.25M
LIP
139
Lighthouse Investment Partners
Florida
$1.21M
MS
140
Maven Securities
Jersey
$1.21M
Creative Planning
141
Creative Planning
Kansas
$1.21M
Walleye Capital
142
Walleye Capital
New York
$1.13M
State of Wisconsin Investment Board
143
State of Wisconsin Investment Board
Wisconsin
$1.05M
Squarepoint
144
Squarepoint
New York
$1.02M
LCM
145
Legato Capital Management
California
$968K
PFSRSONJ
146
Police & Firemen's Retirement System of New Jersey
New Jersey
$939K
SO
147
STRS Ohio
Ohio
$881K
EOJOAM
148
E. Ohman J:or Asset Management
Sweden
$857K
BNP Paribas Financial Markets
149
BNP Paribas Financial Markets
France
$822K
SGM
150
Seven Grand Managers
New York
$808K