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What smart money is saying about Terns Pharmaceuticals, Inc.United States flag

TERN

No fund has written a full thesis on Terns Pharmaceuticals, Inc. in our archive, but 1 fund letter reports a position in it — most recently Baron Health Care Fund in June 2026.

1
Reported positions
0
Bought
1
Sold
1
Letter

Position history

Every position in Terns Pharmaceuticals, Inc. on record in the archive was reported in Q2 2026, across 1 fund letter1 trimmed or exited.

Fund letters reporting a position in Terns Pharmaceuticals, Inc., by quarter
QuarterLettersBoughtSoldTheses
Q2 20261010

Fund activity · 1 position · 1 move

  • June 2026
    We sold Apogee Therapeutics, Inc. and Terns Pharmaceuticals, Inc. following announcements that they were being acquired, Apogee by AbbVie Inc. and Terns by Merck & Co., Inc. , another Fund holding .
    Read the letterTerns Pharmaceuticals, Inc.

Read the letters behind these Terns Pharmaceuticals, Inc. positions

Every quote above comes from a fund letter in our archive. Get unlimited access to the letters themselves — and to Warren AI, which reads all of them for you.

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