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Terns Pharmaceuticals

247 hedge funds and large institutions have $5.07B invested in Terns Pharmaceuticals in 2025 Q4 according to their latest regulatory filings, with 124 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: 140247 (+107)

71% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 42

38.09% more ownership

Funds ownership: 101.28%139.37% (+38%)

Holders
247
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
18
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
Susquehanna International Group
176
Susquehanna International Group
Pennsylvania
$307K
PA
177
Profund Advisors
Maryland
$293K
AC
178
AXQ Capital
New Jersey
$286K
AIP
179
Ameritas Investment Partners
Nebraska
$281K
X
180
Xponance
Pennsylvania
$270K
AHL
181
Abel Hall LLC
Louisiana
$258K
William Blair & Company
182
William Blair & Company
Illinois
$244K
Commonwealth Equity Services
183
Commonwealth Equity Services
Massachusetts
$242K
AIP
184
Arrowpoint Investment Partners
Singapore
$240K
VIA
185
Virtus Investment Advisers
Connecticut
$239K
SRL
186
Scientech Research LLC
New Jersey
$238K
QCM
187
Quantinno Capital Management
New York
$236K
CWM
188
CIBC World Markets
New York
$229K
WG
189
Winton Group
United Kingdom
$226K
Mackenzie Financial
190
Mackenzie Financial
Ontario, Canada
$215K
California State Teachers Retirement System (CalSTRS)
191
California State Teachers Retirement System (CalSTRS)
California
$213K
Rafferty Asset Management
192
Rafferty Asset Management
New York
$212K
EC
193
EntryPoint Capital
New York
$206K
DAM
194
DLD Asset Management
New York
$202K
CIBC Private Wealth Group
195
CIBC Private Wealth Group
Georgia
$202K
SCM
196
Sterling Capital Management
North Carolina
$200K
US Bancorp
197
US Bancorp
Minnesota
$186K
Mirae Asset Global Investments
198
Mirae Asset Global Investments
South Korea
$177K
Nisa Investment Advisors
199
Nisa Investment Advisors
Missouri
$137K
Royal Bank of Canada
200
Royal Bank of Canada
Ontario, Canada
$123K