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 |
| Lion Point Capital, LP | 4.41% | No change | 46,300 | $649K |
| Advisors Asset Management, Inc. | 0.01% | Add +57.1% | 44,295 | $621K |
| Wellington Management Group LLP | 0.00% | Reduce -5.1% | 44,267 | $621K |
| Brevan Howard Capital Management LP | 0.01% | Add +8.2% | 43,934 | $616K |
| Diametric Capital, LP | 0.29% | Add +59.6% | 38,858 | $545K |
| XTX Topco Ltd | 0.02% | Reduce -49.0% | 37,555 | $527K |
| Profund Advisors LLC | 0.02% | Reduce -3.2% | 32,669 | $458K |
| Victory Capital Management Inc. | 0.00% | Add +152.8% | 31,864 | $447K |
| Arizona State Retirement System | 0.00% | Add +3.2% | 31,117 | $436K |
| Los Angeles Capital Management LLC | 0.00% | No change | 30,863 | $433K |
| Invst, LLC | 0.05% | Add +45.6% | 30,077 | $422K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Reduce -0.4% | 29,565 | $415K |
| Voya Investment Management LLC | 0.00% | Add +1.1% | 29,369 | $412K |
| Triumph Capital Management | 0.12% | New | 29,244 | $410K |
| Teacher Retirement System of Texas | 0.00% | Add +1.5% | 28,774 | $403K |
| Inspire Investing, LLC | 0.04% | Add +33.4% | 28,772 | $403K |
| DNB Asset Management AS | 0.00% | New | 28,171 | $395K |
| Perpetual Ltd | 0.00% | No change | 26,520 | $372K |
| ProShare Advisors LLC | 0.00% | Reduce -7.7% | 26,414 | $370K |
| Farallon Capital Management, L.L.C. | 0.00% | No change | 26,000 | $365K |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +101.5% | 25,829 | $363K |
| Trek Financial, LLC | 0.02% | New | 24,970 | $350K |
| Walleye Capital LLC | 0.00% | Add +3367.2% | 24,929 | $350K |
| Bellevue Group AG | 0.01% | Reduce -32.8% | 24,008 | $337K |
| China Universal Asset Management Co., Ltd. | 0.03% | Add +0.6% | 23,941 | $336K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 23,799 | $334K |
| Oxford Asset Management LLP | 0.11% | Add +9.1% | 23,271 | $326K |
| Mach-1 Financial Group, LLC | 0.09% | New | 22,254 | $312K |
| KLP Kapitalforvaltning As | 0.00% | Add +17.8% | 21,800 | $306K |
| Kestra Private Wealth Services, LLC | 0.00% | Add +50.3% | 21,282 | $298K |
| Rockefeller Capital Management L.P. | 0.00% | Add +14.3% | 21,094 | $296K |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 20,547 | $288K |
| Creative Planning | 0.00% | Add +8.2% | 19,575 | $274K |
| GK Wealth Management LLC | 0.26% | Add +28.2% | 18,801 | $264K |
| Cerity Partners LLC | 0.00% | Reduce -3.6% | 18,660 | $262K |
| Pictet Asset Management Holding SA | 0.00% | No change | 18,557 | $260K |
| LVW Advisors, LLC | 0.03% | Add +21.4% | 17,561 | $246K |
| E Fund Management Co., Ltd. | 0.01% | Add +14.7% | 17,184 | $241K |
| Dauntless Investment Group, LLC | 1.12% | New | 16,951 | $238K |
| Corton Capital Inc. | 0.28% | New | 16,943 | $238K |
| Ieq Capital, LLC | 0.00% | Reduce -23.4% | 16,925 | $237K |
| Commerce Bank | 0.00% | No change | 16,855 | $236K |
| Fiduciary Trust Co | 0.00% | No change | 16,156 | $227K |
| Campbell & CO Investment Adviser LLC | 0.01% | Reduce -78.5% | 16,149 | $226K |
| Tocqueville Asset Management L.P. | 0.00% | Reduce -3.1% | 15,700 | $220K |
| Two Sigma Advisers, LP | 0.00% | Reduce -77.8% | 15,700 | $220K |
| Gsa Capital Partners LLP | 0.02% | Reduce -28.4% | 15,675 | $220K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | New | 15,666 | $217K |
| Prelude Capital Management, LLC | 0.02% | Reduce -34.1% | 15,203 | $213K |
| Jump Financial, LLC | 0.00% | Reduce -65.3% | 14,562 | $204K |
| Silverleafe Capital Partners, LLC | 0.07% | Reduce -44.7% | 14,500 | $203K |
| Bayesian Capital Management, LP | 0.03% | New | 13,900 | $195K |
| Vontobel Holding Ltd. | 0.00% | No change | 13,356 | $187K |
| Cibc World Markets Corp. | 0.00% | Reduce -44.7% | 13,197 | $185K |
| STRS Ohio | 0.00% | New | 12,700 | $178K |
| Quarry LP | 0.04% | Add +93.7% | 12,590 | $177K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +278.6% | 12,414 | $174K |
| State of Wyoming | 0.02% | Reduce -6.3% | 12,398 | $174K |
| Sei Investments Co. | 0.00% | Reduce -69.3% | 12,099 | $170K |
| AlphaQuest LLC | 0.02% | Add +101.1% | 11,921 | $167K |
| BNP Paribas Financial Markets | 0.00% | Add +38.4% | 11,653 | $163K |
| Virtus Advisers, LLC | 0.10% | No change | 11,606 | $163K |
| Wexford Capital LP | 0.05% | New | 11,558 | $162K |
| Kestra Advisory Services, LLC | 0.00% | New | 11,550 | $162K |
| Independent Advisor Alliance | 0.00% | New | 11,312 | $159K |
| Fox Run Management, L.L.C. | 0.03% | Reduce -62.4% | 11,267 | $158K |
| Ameritas Investment Partners, Inc. | 0.01% | No change | 11,245 | $158K |
| Cwm, LLC | 0.00% | Reduce -0.9% | 11,223 | $157K |
| Russell Investments Group, Ltd. | 0.00% | Add +4562.5% | 11,190 | $157K |
| Mariner, LLC | 0.00% | New | 10,343 | $145K |
| Quantbot Technologies LP | 0.00% | New | 10,316 | $145K |
| Syon Capital LLC | 0.01% | Reduce -5.9% | 10,130 | $142K |
| PEAK6 LLC | 0.00% | No change | 10,000 | $140K |
| HSBC Holdings PLC | 0.00% | Reduce -43.4% | 10,057 | $139K |
| Atlas Wealth LLC | 0.07% | New | 10,000 | $138K |
| PNC Financial Services Group, Inc. | 0.00% | Add +10.2% | 8,828 | $124K |
| CIBC Private Wealth Group LLC | 0.00% | Add +1.7% | 8,248 | $116K |
| Virtus Investment Advisers, LLC | 0.03% | Reduce -48.0% | 6,965 | $98K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 6,577 | $92K |
| Osaic Holdings, Inc. | 0.00% | Reduce -9.3% | 5,991 | $84K |
| C M Bidwell & Associates Ltd. | 0.04% | No change | 5,285 | $74K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Add +14.8% | 4,605 | $65K |
| Amalgamated Bank | 0.00% | No change | 3,723 | $52K |
| KBC Group NV | 0.00% | Reduce -43.1% | 3,055 | $43K |
| GF Fund Management Co. LTD. | 0.00% | No change | 2,996 | $42K |
| Signaturefd, LLC | 0.00% | Reduce -39.8% | 2,137 | $30K |
| National Bank of Canada | 0.00% | New | 2,071 | $29K |
| First Command Advisory Services, Inc. | 0.00% | No change | 2,000 | $28K |
| Assetmark, Inc. | 0.00% | No change | 1,860 | $26K |
| Larson Financial Group LLC | 0.00% | Add +58.7% | 1,789 | $25K |
| Comerica Bank | 0.00% | Add +227.7% | 1,642 | $23K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -1.3% | 1,379 | $19K |
| Truvestments Capital LLC | 0.00% | New | 1,154 | $16K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | New | 1,046 | $15K |
| Huntington National Bank | 0.00% | Reduce -3.8% | 974 | $14K |
| Walleye Trading LLC | 0.00% | New | 916 | $13K |
| NewEdge Advisors, LLC | 0.00% | Add +14.3% | 800 | $11K |
| GAMMA Investing LLC | 0.00% | Reduce -30.2% | 692 | $10K |
| Optiver Holding B.V. | 0.00% | Add +68.5% | 620 | $9K |
| Arax Advisory Partners | 0.00% | Add +1090.4% | 619 | $9K |
| First Horizon Advisors, Inc. | 0.00% | No change | 516 | $7K |
| Jones Financial Companies LLLP | 0.00% | New | 508 | $7K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +103.8% | 483 | $7K |
| Daiwa Securities Group Inc. | 0.00% | No change | 439 | $6K |
| Brooklyn Investment Group | 0.00% | Add +2692.9% | 391 | $5K |
| Essential Partners LLC | 0.00% | — | 387 | $5K |
| Legacy Investment Solutions, LLC | 0.00% | — | 360 | $5K |
| Legacy Wealth Managment, LLC | 0.00% | No change | 360 | $5K |
| Smartleaf Asset Management LLC | 0.00% | Add +19.9% | 319 | $4K |
| TD Waterhouse Canada Inc. | 0.00% | No change | 318 | $4K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -77.6% | 299 | $4K |
| Avion Wealth | 0.00% | New | 335 | $4K |
| Evelyn Partners Investment Management LLP | 0.00% | No change | 270 | $4K |
| Sterling Capital Management LLC | 0.00% | Add +125.9% | 262 | $4K |
| Blue Bell Private Wealth Management, LLC | 0.00% | No change | 240 | $3K |
| Rothschild Investment LLC | 0.00% | Reduce -14.3% | 240 | $3K |
| Versant Capital Management, Inc | 0.00% | No change | 215 | $3K |
| IFP Advisors, Inc | 0.00% | Add +1338.5% | 187 | $3K |
| SJS Investment Consulting Inc. | 0.00% | New | 138 | $2K |
| Clearstead Advisors, LLC | 0.00% | New | 137 | $2K |
| Parkside Financial Bank & Trust | 0.00% | Add +48.8% | 119 | $2K |
| Steward Partners Investment Advisory, LLC | 0.00% | New | 113 | $2K |
| GPS Wealth Strategies Group, LLC | 0.00% | No change | 80 | $1K |
| Farther Finance Advisors, LLC | 0.00% | Add +65.9% | 73 | $1K |
| US Bancorp \de | 0.00% | Reduce -47.9% | 62 | $869 |
| Golden State Wealth Management, LLC | 0.00% | No change | 59 | $827 |
| Physician Wealth Advisors, Inc. | 0.00% | New | 46 | $645 |
| Allworth Financial LP | 0.00% | New | 23 | $323 |
| Twin Peaks Wealth Advisors, LLC | 0.00% | New | 2 | $29 |
| Covestor Ltd | 0.00% | Reduce -10.0% | 9 | $0 |
"% of holder's portfolio" is ARQT's weight in each manager's 13F, not the share of Arcutis Biotherapeutics Inc. the manager owns.