Arcutis BiotherapeuticsARQT

13F holders, Q1 2025 (March 31)
241holders +33
63new positions
29sold out
7famous investors
$15.63avg. 13F price*

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

0100200300 Q1 2024: 168Q1 2024Q2 2024: 186Q2 2024Q3 2024: 188Q3 2024Q4 2024: 208Q4 2024Q1 2025: 241Q1 2025Q2 2025: 230Q2 2025Q3 2025: 239Q3 2025Q4 2025: 283Q4 2025Q1 2026: 270Q1 2026Q2 2026: 272Q2 2026

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions63$67.6M
Exits29$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.