Arcutis BiotherapeuticsARQT
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 230 institutions reported holding Arcutis Biotherapeutics Inc. (ARQT) in their 13F filings, down 11 from Q1 2025. 33 opened new positions and 45 sold out. The largest holders were Montanova Capital, LLC ($161.7M), Jennison Associates LLC ($155.8M) and Rubric Capital Management LP ($150.7M). 5 famous investors held it, including Steve Cohen (0.1% of Point72 Asset Management's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Arcutis Biotherapeutics Inc.
- CUSIP
- 03969K108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 33 | $29.4M |
| Exits | 45 | $69.6M |
All 13F filers, Q1 2025 → Q2 2025: 12,670,916 shares bought and 11,281,465 shares sold, net +1,389,451 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 230 holders
| Montanova Capital, LLC | 6.09% | Add +1.0% | 11,535,582 | $161.7M |
| Jennison Associates LLC | 0.09% | Reduce -2.2% | 11,109,405 | $155.8M |
| Rubric Capital Management LP | 2.42% | Reduce -2.0% | 10,749,457 | $150.7M |
| Frazier Life Sciences Management, L.P. | 5.54% | Add +12.4% | 9,874,511 | $138.4M |
| BlackRock, Inc. | 0.00% | Reduce -4.0% | 8,532,761 | $119.6M |
| Vanguard Group Inc. | 0.00% | Add +3.4% | 7,049,099 | $98.8M |
| Polar Capital Holdings Plc | 0.37% | Reduce -25.4% | 5,006,475 | $70.2M |
| State Street Corp. | 0.00% | Add +1.2% | 4,526,937 | $63.5M |
| Morgan Stanley | 0.00% | Add +12.4% | 4,314,530 | $60.5M |
| Gilder Gagnon Howe & Co. LLC | 0.62% | Add +1.5% | 4,155,763 | $58.3M |
| UBS Group AG | 0.01% | Add +0.6% | 2,937,939 | $41.2M |
| Franklin Resources Inc. | 0.01% | Reduce -1.1% | 2,732,777 | $38.3M |
| Geode Capital Management, LLC | 0.00% | Add +1.4% | 2,582,567 | $36.2M |
| Janus Henderson Group PLC | 0.02% | Add +4204.1% | 2,263,960 | $31.8M |
| D. E. Shaw & Co. | 0.03% | Add +8.7% | 2,163,001 | $30.3M |
| Pivotal bioVenture Partners Investment Advisor LLC | 18.43% | No change | 2,120,508 | $29.7M |
| Ensign Peak Advisors, Inc | 0.05% | Add +0.7% | 2,001,439 | $28.1M |
| Goldman Sachs Group Inc. | 0.00% | Add +71.3% | 1,890,246 | $26.5M |
| American Century Companies Inc. | 0.01% | Add +4.3% | 1,724,307 | $24.2M |
| Point72 Asset Management | 0.05% | Add +78.9% | 1,485,425 | $20.8M |
| GW&K Investment Management, LLC | 0.17% | Reduce -8.8% | 1,378,432 | $19.3M |
| Bank of America Corp. | 0.00% | Add +133.5% | 1,202,513 | $16.9M |
| Driehaus Capital Management LLC | 0.12% | Reduce -0.6% | 1,085,954 | $15.2M |
| Cormorant Asset Management, LP | 1.04% | Reduce -25.9% | 1,000,000 | $14.0M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +12.1% | 965,066 | $13.5M |
| Northern Trust Corp. | 0.00% | Reduce -4.8% | 928,688 | $13.0M |
| PFM Health Sciences, LP | 1.15% | New | 923,375 | $12.9M |
| Millennium Management | 0.01% | Add +92.3% | 910,841 | $12.8M |
| Tejara Capital Ltd | 5.68% | Add +3.2% | 873,381 | $12.2M |
| J. Goldman & Co LP | 0.38% | Add +376.5% | 860,260 | $12.1M |
| Candriam S.C.A. | 0.06% | Reduce -23.7% | 790,435 | $11.1M |
| Nuveen, LLC | 0.00% | Reduce -6.2% | 765,579 | $10.7M |
| Federated Hermes, Inc. | 0.02% | Reduce -0.0% | 737,369 | $10.3M |
| Aberdeen Group plc | 0.02% | Add +14.9% | 675,034 | $9.5M |
| Prudential Financial Inc. | 0.01% | Add +1.0% | 598,900 | $8.4M |
| Qube Research & Technologies Ltd | 0.01% | Add +200.4% | 577,493 | $8.1M |
| Fishman Jay A Ltd. | 0.75% | Add +4.3% | 556,150 | $7.8M |
| JPMorgan Chase & Co. | 0.00% | Add +1.0% | 548,789 | $7.7M |
| Schonfeld Strategic Advisors LLC | 0.06% | Add +2717.5% | 520,284 | $7.3M |
| Jupiter Asset Management Ltd. | 0.05% | New | 412,738 | $5.8M |
| Simplify Asset Management Inc. | 0.35% | Reduce -38.0% | 409,432 | $5.7M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +45.0% | 404,736 | $5.7M |
| Barclays PLC | 0.00% | Add +102.3% | 394,041 | $5.5M |
| Lazard Asset Management LLC | 0.01% | Add +3.2% | 386,011 | $5.4M |
| AQR Capital Management | 0.00% | Add +51.2% | 375,233 | $5.3M |
| Royce & Associates LP | 0.05% | Add +40.0% | 374,540 | $5.3M |
| MYDA Advisors LLC | 1.46% | Add +27.6% | 370,000 | $5.2M |
| Deutsche Bank AG | 0.00% | Reduce -3.7% | 367,415 | $5.2M |
| Citigroup Inc. | 0.00% | Add +19.2% | 359,422 | $5.0M |
| First Trust Advisors LP | 0.00% | Reduce -22.4% | 341,521 | $4.8M |
| Privium Fund Management B.V. | 1.02% | Add +5.8% | 344,472 | $4.7M |
| Bank of New York Mellon Corp | 0.00% | Add +1.7% | 305,258 | $4.3M |
| Avidity Partners Management LP | 0.75% | New | 268,000 | $3.8M |
| Royal Bank of Canada | 0.00% | Add +5552.6% | 263,809 | $3.7M |
| Susquehanna International Group, LLP | 0.01% | Add +54.8% | 260,987 | $3.7M |
| Stempoint Capital LP | 0.93% | Reduce -53.3% | 205,672 | $2.9M |
| Woodline Partners LP | 0.02% | Reduce -49.9% | 205,510 | $2.9M |
| Swiss National Bank | 0.00% | No change | 204,000 | $2.9M |
| Readystate Asset Management LP | 0.21% | Add +232.7% | 200,253 | $2.8M |
| Wells Fargo & Company | 0.00% | Reduce -1.0% | 196,300 | $2.8M |
| PDT Partners, LLC | 0.15% | Reduce -39.8% | 190,983 | $2.7M |
| Essex Investment Management Co. LLC | 0.48% | Reduce -0.6% | 189,511 | $2.7M |
| Rhumbline Advisers | 0.00% | Add +2.8% | 186,099 | $2.6M |
| Norges Bank | 0.00% | Reduce -74.3% | 174,820 | $2.5M |
| Squarepoint Ops LLC | 0.01% | Add +169.3% | 167,814 | $2.4M |
| Rafferty Asset Management, LLC | 0.01% | Reduce -3.8% | 154,351 | $2.2M |
| FMR LLC | 0.00% | Reduce -7.2% | 150,730 | $2.1M |
| Citadel Advisors | 0.00% | Reduce -53.1% | 145,493 | $2.0M |
| Jackson Creek Investment Advisors LLC | 0.51% | Add +19.7% | 135,871 | $1.9M |
| Jane Street Group, LLC | 0.00% | Add +9.1% | 127,122 | $1.8M |
| LPL Financial LLC | 0.00% | Add +5.1% | 121,617 | $1.7M |
| Ami Asset Management Corp. | 0.09% | Reduce -45.4% | 113,882 | $1.6M |
| Alliancebernstein L.P. | 0.00% | No change | 113,360 | $1.6M |
| Legal & General Group Plc | 0.00% | Add +3.7% | 111,603 | $1.6M |
| Phocas Financial Corp. | 0.21% | Add +0.0% | 104,014 | $1.5M |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 140,000 | $1.5M |
| Wesbanco Bank Inc. | 0.04% | No change | 102,700 | $1.4M |
| Invesco Ltd. | 0.00% | Reduce -92.5% | 99,703 | $1.4M |
| Ameriprise Financial Inc. | 0.00% | Reduce -12.6% | 99,044 | $1.4M |
| Algert Global LLC | 0.03% | Reduce -18.3% | 98,755 | $1.4M |
| California State Teachers Retirement System | 0.00% | No change | 97,682 | $1.4M |
| Engineers Gate Manager LP | 0.02% | Add +47.6% | 97,605 | $1.4M |
| Vestal Point Capital, LP | 0.07% | New | 95,000 | $1.3M |
| Stifel Financial Corp. | 0.00% | New | 90,191 | $1.3M |
| State of Wisconsin Investment Board | 0.00% | Reduce -41.2% | 89,879 | $1.3M |
| Intech Investment Management LLC | 0.01% | Add +23.8% | 86,282 | $1.2M |
| T. Rowe Price Associates Inc. | 0.00% | Add +7.8% | 84,047 | $1.2M |
| Two Sigma Investments, LP | 0.00% | Reduce -52.7% | 71,681 | $1.0M |
| Erste Asset Management GmbH | 0.01% | No change | 73,100 | $1.0M |
| Graham Capital Management, L.P. | 0.03% | Add +90.4% | 71,620 | $1.0M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -7.3% | 66,236 | $927K |
| TrinityBridge Ltd | 0.03% | No change | 64,774 | $909K |
| Focus Partners Wealth | 0.00% | Add +1.2% | 64,706 | $907K |
| MetLife Investment Management, LLC | 0.01% | No change | 64,485 | $904K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -0.3% | 57,948 | $812K |
| Legato Capital Management LLC | 0.09% | No change | 56,717 | $795K |
| Verition Fund Management LLC | 0.00% | New | 56,100 | $787K |
| Raymond James Financial Inc. | 0.00% | Reduce -7.6% | 53,623 | $752K |
| New York State Common Retirement Fund | 0.00% | No change | 48,670 | $682K |
| Keybank National Association | 0.00% | No change | 46,515 | $652K |
"% of holder's portfolio" is ARQT's weight in each manager's 13F, not the share of Arcutis Biotherapeutics Inc. the manager owns.