Arcutis BiotherapeuticsARQT
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 241 institutions reported holding Arcutis Biotherapeutics Inc. (ARQT) in their 13F filings, up 33 from Q4 2024. 63 opened new positions and 29 sold out. The largest holders were Montanova Capital, LLC ($178.7M), Jennison Associates LLC ($177.7M) and Rubric Capital Management LP ($171.5M). 7 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Steve Cohen (0.0% of Point72 Asset Management's portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).
- Company
- Arcutis Biotherapeutics Inc.
- CUSIP
- 03969K108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 63 | $67.6M |
| Exits | 29 | $12.6M |
All 13F filers, Q4 2024 → Q1 2025: 7,443,460 shares bought and 11,042,748 shares sold, net −3,599,288 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 241 holders
| Montanova Capital, LLC | 7.23% | Add +0.2% | 11,422,978 | $178.7M |
| Jennison Associates LLC | 0.12% | Reduce -7.9% | 11,360,875 | $177.7M |
| Rubric Capital Management LP | 3.07% | No change | 10,966,672 | $171.5M |
| BlackRock, Inc. | 0.00% | Reduce -2.8% | 8,892,337 | $139.1M |
| Frazier Life Sciences Management, L.P. | 6.29% | No change | 8,785,284 | $137.4M |
| Vanguard Group Inc. | 0.00% | Add +5.9% | 6,818,078 | $106.6M |
| Polar Capital Holdings Plc | 0.64% | Reduce -9.1% | 6,706,475 | $104.9M |
| State Street Corp. | 0.00% | Reduce -9.6% | 4,474,203 | $70.0M |
| Gilder Gagnon Howe & Co. LLC | 0.84% | Add +5.0% | 4,096,051 | $64.1M |
| Morgan Stanley | 0.00% | Reduce -9.6% | 3,838,541 | $60.0M |
| UBS Group AG | 0.01% | Add +4.7% | 2,920,008 | $45.7M |
| Franklin Resources Inc. | 0.01% | Reduce -16.6% | 2,761,767 | $43.2M |
| Geode Capital Management, LLC | 0.00% | Add +3.0% | 2,546,947 | $39.8M |
| Pivotal bioVenture Partners Investment Advisor LLC | 26.84% | No change | 2,120,508 | $33.2M |
| D. E. Shaw & Co. | 0.04% | Reduce -20.9% | 1,989,508 | $31.1M |
| Ensign Peak Advisors, Inc | 0.06% | Reduce -16.3% | 1,988,389 | $31.1M |
| American Century Companies Inc. | 0.02% | Add +1.3% | 1,652,492 | $25.8M |
| GW&K Investment Management, LLC | 0.22% | Reduce -2.1% | 1,512,211 | $23.7M |
| Paradigm Biocapital Advisors LP | 1.05% | New | 1,465,334 | $22.9M |
| Cormorant Asset Management, LP | 1.60% | Reduce -26.0% | 1,350,000 | $21.1M |
| Invesco Ltd. | 0.00% | Add +17.9% | 1,328,954 | $20.8M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -15.5% | 1,103,413 | $17.3M |
| Driehaus Capital Management LLC | 0.16% | Reduce -0.4% | 1,092,735 | $17.1M |
| Candriam S.C.A. | 0.10% | Reduce -0.6% | 1,035,576 | $16.2M |
| Northern Trust Corp. | 0.00% | Reduce -1.5% | 976,070 | $15.3M |
| Cercano Management LLC | 0.43% | Reduce -26.0% | 928,701 | $14.5M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -2.0% | 860,768 | $13.5M |
| Tejara Capital Ltd | 6.52% | Reduce -4.6% | 846,221 | $13.2M |
| Point72 Asset Management | 0.04% | Reduce -52.6% | 830,478 | $13.0M |
| Nuveen, LLC | 0.00% | — | 815,816 | $12.8M |
| Federated Hermes, Inc. | 0.02% | Add +49.6% | 737,555 | $11.5M |
| Norges Bank | 0.00% | Add +27.5% | 679,320 | $10.6M |
| Simplify Asset Management Inc. | 0.48% | Reduce -11.0% | 660,557 | $10.3M |
| Prudential Financial Inc. | 0.01% | Add +0.1% | 593,195 | $9.3M |
| Aberdeen Group plc | 0.02% | Add +21.9% | 587,540 | $9.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -52.4% | 543,382 | $8.5M |
| Fishman Jay A Ltd. | 0.91% | Reduce -0.6% | 533,150 | $8.3M |
| Bank of America Corp. | 0.00% | Reduce -4.0% | 514,951 | $8.1M |
| Millennium Management | 0.01% | Reduce -79.5% | 473,625 | $7.4M |
| First Trust Advisors LP | 0.01% | Add +67.3% | 440,185 | $6.9M |
| Stempoint Capital LP | 2.20% | Reduce -12.2% | 440,073 | $6.9M |
| Balyasny Asset Management L.P. | 0.02% | Add +314.4% | 427,433 | $6.7M |
| Woodline Partners LP | 0.04% | New | 410,000 | $6.4M |
| Deutsche Bank AG | 0.00% | Reduce -1.6% | 381,355 | $6.0M |
| Lazard Asset Management LLC | 0.01% | Reduce -3.7% | 374,083 | $5.8M |
| Privium Fund Management B.V. | 1.33% | No change | 325,709 | $5.1M |
| PDT Partners, LLC | 0.35% | Reduce -0.7% | 317,465 | $5.0M |
| Citadel Advisors | 0.00% | Add +247.7% | 310,075 | $4.8M |
| Citigroup Inc. | 0.00% | Reduce -7.9% | 301,552 | $4.7M |
| Bank of New York Mellon Corp | 0.00% | Reduce -1.6% | 300,031 | $4.7M |
| MYDA Advisors LLC | 1.61% | Add +45.0% | 290,000 | $4.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -0.4% | 279,047 | $4.4M |
| Royce & Associates LP | 0.05% | New | 267,612 | $4.2M |
| AQR Capital Management | 0.00% | Add +21.4% | 248,196 | $3.9M |
| ExodusPoint Capital Management, LP | 0.05% | New | 242,457 | $3.8M |
| Informed Momentum Co LLC | 0.58% | New | 215,763 | $3.4M |
| Ami Asset Management Corp. | 0.19% | Reduce -3.4% | 208,721 | $3.3M |
| Swiss National Bank | 0.00% | Reduce -1.4% | 204,000 | $3.2M |
| Wells Fargo & Company | 0.00% | Add +278.1% | 198,359 | $3.1M |
| Barclays PLC | 0.00% | Reduce -18.1% | 194,772 | $3.0M |
| Qube Research & Technologies Ltd | 0.00% | New | 192,219 | $3.0M |
| Essex Investment Management Co. LLC | 0.62% | Add +33.5% | 190,638 | $3.0M |
| Rhumbline Advisers | 0.00% | Add +7.8% | 181,074 | $2.8M |
| J. Goldman & Co LP | 0.10% | Reduce -70.5% | 180,521 | $2.8M |
| Susquehanna International Group, LLP | 0.00% | Add +163.1% | 168,624 | $2.6M |
| Twinbeech Capital LP | 0.05% | New | 167,764 | $2.6M |
| FMR LLC | 0.00% | Reduce -12.0% | 162,449 | $2.5M |
| Rafferty Asset Management, LLC | 0.01% | Reduce -23.8% | 160,367 | $2.5M |
| State of Wisconsin Investment Board | 0.01% | Add +39.3% | 152,861 | $2.4M |
| Two Sigma Investments, LP | 0.01% | Add +78.6% | 151,569 | $2.4M |
| Algert Global LLC | 0.05% | Add +49.6% | 120,880 | $1.9M |
| Penserra Capital Management LLC | 0.03% | New | 118,521 | $1.9M |
| Jane Street Group, LLC | 0.00% | Add +10.5% | 116,476 | $1.8M |
| LPL Financial LLC | 0.00% | Reduce -4.3% | 115,757 | $1.8M |
| Jackson Creek Investment Advisors LLC | 0.56% | Reduce -25.0% | 113,536 | $1.8M |
| Ameriprise Financial Inc. | 0.00% | Reduce -19.0% | 113,379 | $1.8M |
| Alliancebernstein L.P. | 0.00% | Add +2.0% | 113,360 | $1.8M |
| Legal & General Group Plc | 0.00% | Reduce -0.2% | 107,578 | $1.7M |
| Phocas Financial Corp. | 0.25% | New | 103,999 | $1.6M |
| Tudor Investment Corporation | 0.01% | Add +60.7% | 103,373 | $1.6M |
| Wesbanco Bank Inc. | 0.06% | No change | 102,700 | $1.6M |
| California State Teachers Retirement System | 0.00% | Reduce -0.9% | 97,682 | $1.5M |
| Jefferies Financial Group Inc. | 0.02% | Reduce -20.9% | 86,925 | $1.4M |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 140,000 | $1.3M |
| T. Rowe Price Associates Inc. | 0.00% | Add +84.0% | 77,940 | $1.2M |
| Voloridge Investment Management, LLC | 0.00% | Reduce -73.5% | 77,035 | $1.2M |
| Campbell & CO Investment Adviser LLC | 0.09% | Reduce -0.7% | 75,199 | $1.2M |
| XTX Topco Ltd | 0.06% | New | 73,676 | $1.2M |
| Erste Asset Management GmbH | 0.01% | No change | 73,100 | $1.1M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +3.0% | 71,417 | $1.1M |
| Two Sigma Advisers, LP | 0.00% | New | 70,800 | $1.1M |
| Intech Investment Management LLC | 0.01% | Add +64.9% | 69,694 | $1.1M |
| Virtu Financial LLC | 0.06% | New | 68,261 | $1.1M |
| Engineers Gate Manager LP | 0.02% | New | 66,123 | $1.0M |
| TrinityBridge Ltd | 0.03% | No change | 64,774 | $1.0M |
| MetLife Investment Management, LLC | 0.01% | Reduce -1.5% | 64,485 | $1.0M |
| Focus Partners Wealth | 0.00% | Reduce -0.4% | 63,950 | $1.0M |
| Squarepoint Ops LLC | 0.00% | Reduce -48.7% | 62,327 | $975K |
| Readystate Asset Management LP | 0.09% | New | 60,200 | $942K |
| Thoroughbred Financial Services, LLC | 0.06% | New | 59,940 | $937K |
| Manufacturers Life Insurance Company, The | 0.00% | Add +14.0% | 58,093 | $909K |
| Raymond James Financial Inc. | 0.00% | New | 58,046 | $908K |
| Marshall Wace, LLP | 0.00% | New | 57,908 | $906K |
| Cookson Peirce & Co. Inc. | 0.05% | New | 57,613 | $901K |
| Legato Capital Management LLC | 0.12% | Add +32.6% | 56,717 | $887K |
| Scientech Research LLC | 0.23% | New | 55,205 | $863K |
| Janus Henderson Group PLC | 0.00% | No change | 52,600 | $827K |
| Corebridge Financial, Inc. | 0.00% | Reduce -1.5% | 52,662 | $824K |
| New York State Common Retirement Fund | 0.00% | Add +93.4% | 48,670 | $761K |
| Wellington Management Group LLP | 0.00% | Reduce -5.3% | 46,640 | $729K |
| Keybank National Association | 0.00% | Reduce -10.9% | 46,515 | $727K |
| Lion Point Capital, LP | 4.62% | No change | 46,300 | $724K |
| Jump Financial, LLC | 0.01% | Add +177.7% | 42,000 | $657K |
| Brevan Howard Capital Management LP | 0.02% | New | 40,618 | $635K |
| Sei Investments Co. | 0.00% | New | 39,350 | $615K |
| Graham Capital Management, L.P. | 0.03% | Add +40.2% | 37,617 | $588K |
| Fred Alger Management, LLC | 0.00% | New | 36,313 | $568K |
| Bellevue Group AG | 0.01% | Reduce -9.6% | 35,700 | $558K |
| Profund Advisors LLC | 0.02% | Reduce -17.8% | 33,738 | $528K |
| SG Americas Securities, LLC | 0.00% | Reduce -32.3% | 32,566 | $509K |
| Los Angeles Capital Management LLC | 0.00% | Add +0.2% | 30,863 | $483K |
| Arizona State Retirement System | 0.00% | Reduce -1.1% | 30,159 | $472K |
| Fox Run Management, L.L.C. | 0.07% | Add +76.8% | 29,967 | $469K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +3.2% | 29,697 | $464K |
| Voya Investment Management LLC | 0.00% | Reduce -9.6% | 29,056 | $454K |
| ProShare Advisors LLC | 0.00% | Reduce -20.1% | 28,622 | $448K |
| Teacher Retirement System of Texas | 0.00% | Reduce -9.2% | 28,352 | $443K |
| Advisors Asset Management, Inc. | 0.01% | Add +26.2% | 28,187 | $441K |
| Perpetual Ltd | 0.01% | New | 26,520 | $415K |
| Silverleafe Capital Partners, LLC | 0.14% | New | 26,208 | $410K |
| Farallon Capital Management, L.L.C. | 0.00% | No change | 26,000 | $407K |
| Capula Management Ltd | 0.00% | Reduce -20.8% | 24,378 | $381K |
| Diametric Capital, LP | 0.45% | Add +19.5% | 24,344 | $381K |
| Blackstone Inc. | 0.00% | No change | 24,144 | $378K |
| Cibc World Markets Corp. | 0.00% | Add +137.1% | 23,852 | $373K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | Add +11.4% | 23,799 | $372K |
| China Universal Asset Management Co., Ltd. | 0.03% | Reduce -4.1% | 23,797 | $372K |
| Prelude Capital Management, LLC | 0.04% | New | 23,085 | $361K |
| Ieq Capital, LLC | 0.00% | New | 22,082 | $345K |
| Gsa Capital Partners LLP | 0.03% | New | 21,906 | $343K |
| Renaissance Technologies | 0.00% | Add +96.4% | 21,799 | $341K |
| Inspire Investing, LLC | 0.04% | Reduce -25.4% | 21,570 | $337K |
| Oxford Asset Management LLP | 0.15% | New | 21,324 | $334K |
| Invst, LLC | 0.04% | New | 20,652 | $323K |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 20,547 | $321K |
| Cerity Partners LLC | 0.00% | New | 19,354 | $303K |
| Pictet Asset Management Holding SA | 0.00% | No change | 18,557 | $290K |
| KLP Kapitalforvaltning As | 0.00% | Reduce -23.6% | 18,500 | $289K |
| Schonfeld Strategic Advisors LLC | 0.00% | Reduce -19.7% | 18,466 | $289K |
| Rockefeller Capital Management L.P. | 0.00% | New | 18,457 | $289K |
| Creative Planning | 0.00% | Reduce -12.4% | 18,098 | $283K |
| HSBC Holdings PLC | 0.00% | Add +1.2% | 17,758 | $271K |
| Commerce Bank | 0.00% | Reduce -1.4% | 16,855 | $264K |
| Tocqueville Asset Management L.P. | 0.00% | Add +14.1% | 16,200 | $253K |
| Fiduciary Trust Co | 0.00% | New | 16,156 | $253K |
| Entropy Technologies, LP | 0.02% | New | 15,744 | $246K |
| Pathstone Holdings, LLC | 0.00% | New | 15,523 | $243K |
| E Fund Management Co., Ltd. | 0.01% | Add +0.7% | 14,987 | $234K |
| GK Wealth Management LLC | 0.29% | New | 14,667 | $229K |
| LVW Advisors, LLC | 0.03% | Add +21.2% | 14,466 | $226K |
| Kestra Private Wealth Services, LLC | 0.00% | New | 14,158 | $221K |
| Massar Capital Management, LP | 0.26% | New | 14,000 | $219K |
| Virtus Investment Advisers, LLC | 0.06% | New | 13,401 | $210K |
| Vontobel Holding Ltd. | 0.00% | New | 13,356 | $209K |
| State of Wyoming | 0.03% | Add +228.5% | 13,232 | $207K |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | 0.01% | Reduce -83.0% | 13,201 | $206K |
| CANADA LIFE ASSURANCE Co | 0.00% | New | 12,816 | $201K |
| Victory Capital Management Inc. | 0.00% | Reduce -1.0% | 12,607 | $197K |
| Townsquare Capital LLC | 0.00% | New | 12,194 | $191K |
| Virtus Advisers, LLC | 0.12% | Add +100.0% | 11,606 | $182K |
| Cwm, LLC | 0.00% | Add +88.9% | 11,331 | $177K |
| Ameritas Investment Partners, Inc. | 0.01% | No change | 11,245 | $176K |
| Sherbrooke Park Advisers LLC | 0.08% | Reduce -21.9% | 11,049 | $173K |
| Quadrature Capital Ltd | 0.00% | New | 11,026 | $172K |
| Syon Capital LLC | 0.01% | Reduce -20.7% | 10,762 | $168K |
| Baader Bank Aktiengesellschaft | 0.02% | New | 10,000 | $156K |
| PEAK6 LLC | 0.01% | Reduce -50.0% | 10,000 | $156K |
| BNP Paribas Financial Markets | 0.00% | Reduce -89.5% | 8,419 | $132K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -3.2% | 8,008 | $125K |
| Allostery Investments LP | 0.17% | New | 7,500 | $117K |
| Nkcfo LLC | 0.05% | New | 7,000 | $109K |
| CIBC Private Wealth Group LLC | 0.00% | Add +4.2% | 8,107 | $108K |
| Osaic Holdings, Inc. | 0.00% | Reduce -35.1% | 6,607 | $103K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 6,577 | $103K |
| Quarry LP | 0.03% | Reduce -56.7% | 6,500 | $102K |
| AlphaQuest LLC | 0.01% | Reduce -17.0% | 5,927 | $93K |
| KBC Group NV | 0.00% | New | 5,368 | $84K |
| C M Bidwell & Associates Ltd. | 0.05% | New | 5,285 | $83K |
| Royal Bank of Canada | 0.00% | Add +64.4% | 4,667 | $73K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Add +2.8% | 4,010 | $63K |
| Amalgamated Bank | 0.00% | Add +39.4% | 3,723 | $58K |
| Signaturefd, LLC | 0.00% | Add +1.6% | 3,550 | $56K |
| Point72 Hong Kong Ltd | 0.00% | New | 3,280 | $51K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -77.0% | 3,279 | $51K |
| GF Fund Management Co. LTD. | 0.00% | Add +21.9% | 2,996 | $47K |
| Coldstream Capital Management Inc. | 0.00% | New | 2,169 | $34K |
| Point72 (DIFC) Ltd | 0.00% | Reduce -59.3% | 2,149 | $34K |
| First Command Advisory Services, Inc. | 0.00% | No change | 2,000 | $31K |
| Assetmark, Inc. | 0.00% | No change | 1,860 | $29K |
| Quadrant Capital Group LLC | 0.00% | No change | 1,550 | $24K |
| Nisa Investment Advisors, LLC | 0.00% | Add +2.0% | 1,397 | $22K |
| SBI Securities Co., Ltd. | 0.00% | Add +452.5% | 1,337 | $21K |
| Larson Financial Group LLC | 0.00% | New | 1,127 | $18K |
| Caitong International Asset Management Co., Ltd | 0.01% | Reduce -85.0% | 1,032 | $16K |
| Huntington National Bank | 0.00% | Add +0.7% | 1,012 | $16K |
| GAMMA Investing LLC | 0.00% | Reduce -13.0% | 992 | $16K |
| Walleye Capital LLC | 0.00% | New | 719 | $11K |
| NewEdge Advisors, LLC | 0.00% | New | 700 | $11K |
| AdvisorNet Financial, Inc | 0.00% | New | 577 | $9K |
| First Horizon Advisors, Inc. | 0.00% | No change | 516 | $8K |
| Comerica Bank | 0.00% | Add +5.5% | 501 | $8K |
| Daiwa Securities Group Inc. | 0.00% | No change | 439 | $7K |
| Lindbrook Capital, LLC | 0.00% | Add +2.4% | 392 | $6K |
| Optiver Holding B.V. | 0.00% | New | 368 | $6K |
| Legacy Wealth Managment, LLC | 0.00% | No change | 360 | $6K |
| TD Waterhouse Canada Inc. | 0.00% | No change | 318 | $5K |
| Rothschild Investment LLC | 0.00% | Add +100.0% | 280 | $4K |
| Evelyn Partners Investment Management LLP | 0.00% | No change | 270 | $4K |
| Smartleaf Asset Management LLC | 0.00% | No change | 266 | $4K |
| SVB Wealth LLC | 0.00% | New | 262 | $4K |
| Blue Bell Private Wealth Management, LLC | 0.00% | New | 240 | $4K |
| Russell Investments Group, Ltd. | 0.00% | No change | 240 | $4K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +182.1% | 237 | $4K |
| Versant Capital Management, Inc | 0.00% | No change | 215 | $3K |
| Aster Capital Management (DIFC) Ltd | 0.00% | Reduce -42.0% | 235 | $3K |
| Mather Group, Llc. | 0.00% | New | 190 | $3K |
| US Bancorp \de | 0.00% | Add +395.8% | 119 | $2K |
| Sterling Capital Management LLC | 0.00% | Add +7.4% | 116 | $2K |
| Parkside Financial Bank & Trust | 0.00% | New | 80 | $1K |
| GPS Wealth Strategies Group, LLC | 0.00% | New | 80 | $1K |
| Amundi | 0.00% | New | 66 | $1K |
| Golden State Wealth Management, LLC | 0.00% | New | 59 | $923 |
| Arax Advisory Partners | 0.00% | Add +100.0% | 52 | $813 |
| Farther Finance Advisors, LLC | 0.00% | No change | 44 | $659 |
| CoreCap Advisors, LLC | 0.00% | Add +100.0% | 38 | $594 |
| Stephens Consulting, LLC | 0.00% | New | 25 | $391 |
| Parallel Advisors, LLC | 0.00% | Reduce -50.0% | 14 | $219 |
| Brooklyn Investment Group | 0.00% | Reduce -95.9% | 14 | $219 |
| IFP Advisors, Inc | 0.00% | No change | 13 | $203 |
| True Wealth Design, LLC | 0.00% | New | 9 | $141 |
| Covestor Ltd | 0.00% | No change | 10 | $0 |
"% of holder's portfolio" is ARQT's weight in each manager's 13F, not the share of Arcutis Biotherapeutics Inc. the manager owns.