L3VLUP

TERN in the 13F filings

Terns Pharmaceuticals Inc · CUSIP 880881107

Quarter end
31 Mar 2026
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 12 May 2026
Managers listing it
33
at least, of 95 tracked, among listed positions
Comparable managers
91
filed both Q4 2025 and Q1 2026; 8 listed it in both
Shares listed
22,895,826
combined, among listed positions
Reported value
$1.2bn
combined, at the quarter end

AllianceBernstein LP. Values in this filing are at the previous quarter end's prices; its share count is the quarter end's.

Among the 91 comparable managers: 20 buyers (opened or added shares) and 17 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +115,470.

Managers listing TERN in Q1 2026

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

33 of 33 holders

ActionFiling
Holocene Advisors LP4,115,828$217m0.52%Added+1,340,33515 May 2026 (the filing on sec.gov)
Citadel Advisors LLC3,218,810$170munder 0.1%Added+52,16815 May 2026 (the filing on sec.gov)
Millennium Management LLC3,011,558$159m0.07%Added+2,024,25215 May 2026 (the filing on sec.gov)
Balyasny Asset Management LLC2,779,445$147m0.19%Added+1,887,54215 May 2026 (the filing on sec.gov)
Janus Henderson Group Ltd1,470,057$78munder 0.1%Trimmed-1,909,51218 May 2026 (the filing on sec.gov)
Marshall Wace LLP927,600$49munder 0.1%Added+49,01715 May 2026 (the filing on sec.gov)
Verition Fund Management LLC802,293$42m0.27%Added+789,52815 May 2026 (the filing on sec.gov)
AllianceBernstein LP1,032,679$42munder 0.1%Trimmed-255,40015 May 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc634,496$33munder 0.1%Trimmed-339,81615 May 2026 (the filing on sec.gov)
Susquehanna International Group LLP521,571$27munder 0.1%Added+513,97415 May 2026 (the filing on sec.gov)
Neuberger Berman Group LLC480,740$25munder 0.1%Newnew27 Oct 2026 (the filing on sec.gov)
Wellington Management Group LLP375,505$20munder 0.1%Trimmed-413,15415 May 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP360,878$19m0.07%Added+279,84413 May 2026 (the filing on sec.gov)
Soros Fund Management LLC321,905$17m0.19%Newnew15 May 2026 (the filing on sec.gov)
Davidson Kempner Capital Management LP311,623$16m0.20%Newnew15 May 2026 (the filing on sec.gov)
Invesco Ltd304,487$16munder 0.1%Trimmed-301,76012 May 2026 (the filing on sec.gov)
Fidelity (FMR LLC)295,622$16munder 0.1%Trimmed-731,24115 May 2026 (the filing on sec.gov)
Man Group PLC284,931$15munder 0.1%Newnew15 May 2026 (the filing on sec.gov)
Squarepoint Ops LLC275,350$15munder 0.1%Added+250,18315 May 2026 (the filing on sec.gov)
Tudor Investment Corp267,520$14munder 0.1%Added+194,27415 May 2026 (the filing on sec.gov)
D. E. Shaw & Co.201,191$11munder 0.1%Trimmed-952,83815 May 2026 (the filing on sec.gov)
AQR Capital Management LLC176,773$9.3munder 0.1%Added+130,44915 May 2026 (the filing on sec.gov)
Renaissance Technologies LLC169,034$8.9munder 0.1%Trimmed-297,81314 May 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC165,725$8.7m0.06%Trimmed-588,51215 May 2026 (the filing on sec.gov)
Caxton Associates LLP94,724$5.0m0.11%Newnew14 May 2026 (the filing on sec.gov)
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Largest increases and reductions, by shares

Q4 2025 to Q1 2026, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
4 in Q2 2024 to 15 in Q1 2026

Tracked managers listing it, at least.

051015Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
TERN by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20241$7.8m10
Q2 20244$39m40
Q3 20244$66m31
Q4 20241$26m10
Q1 20251$11m01
Q2 20251$11m01
Q3 20251$14m01
Q4 20259$450m274
Q1 202615$769m2017

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

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How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own TERN, latest filings →Back to the 13F Explorer →