Arcutis BiotherapeuticsARQT
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 239 institutions reported holding Arcutis Biotherapeutics Inc. (ARQT) in their 13F filings, up 9 from Q2 2025. 33 opened new positions and 20 sold out. The largest holders were Jennison Associates LLC ($231.0M), Rubric Capital Management LP ($202.6M) and Montanova Capital, LLC ($197.5M). 5 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Arcutis Biotherapeutics Inc.
- CUSIP
- 03969K108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 33 | $33.5M |
| Exits | 20 | $31.6M |
All 13F filers, Q2 2025 → Q3 2025: 8,961,282 shares bought and 10,034,293 shares sold, net −1,073,011 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 239 holders
| Jennison Associates LLC | 0.13% | Add +10.3% | 12,254,119 | $231.0M |
| Rubric Capital Management LP | 2.72% | No change | 10,749,457 | $202.6M |
| Montanova Capital, LLC | 5.99% | Reduce -9.2% | 10,478,000 | $197.5M |
| Frazier Life Sciences Management, L.P. | 5.59% | No change | 9,874,511 | $186.1M |
| BlackRock, Inc. | 0.00% | Add +0.5% | 8,573,995 | $161.6M |
| Vanguard Group Inc. | 0.00% | Add +1.4% | 7,146,090 | $134.7M |
| Polar Capital Holdings Plc | 0.48% | Add +5.8% | 5,298,754 | $99.9M |
| State Street Corp. | 0.00% | Add +2.5% | 4,641,315 | $87.5M |
| Gilder Gagnon Howe & Co. LLC | 0.85% | Add +6.6% | 4,429,108 | $83.5M |
| Morgan Stanley | 0.00% | Reduce -0.9% | 4,276,394 | $80.6M |
| UBS Group AG | 0.01% | Add +0.4% | 2,948,438 | $55.6M |
| Geode Capital Management, LLC | 0.00% | Add +0.9% | 2,606,465 | $49.1M |
| Janus Henderson Group PLC | 0.02% | Add +5.9% | 2,398,031 | $45.2M |
| Franklin Resources Inc. | 0.01% | Reduce -15.4% | 2,311,019 | $43.6M |
| Pivotal bioVenture Partners Investment Advisor LLC | 23.11% | No change | 2,120,508 | $40.0M |
| D. E. Shaw & Co. | 0.03% | Reduce -2.0% | 2,118,713 | $39.9M |
| Perpetual Ltd | 0.47% | Add +7534.3% | 2,024,606 | $38.2M |
| Ensign Peak Advisors, Inc | 0.06% | Reduce -0.4% | 1,993,055 | $37.6M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -4.5% | 1,804,988 | $34.0M |
| American Century Companies Inc. | 0.02% | Reduce -3.6% | 1,662,470 | $31.3M |
| Nuveen, LLC | 0.01% | Add +79.0% | 1,370,356 | $25.8M |
| GW&K Investment Management, LLC | 0.20% | Reduce -15.0% | 1,172,041 | $22.1M |
| Driehaus Capital Management LLC | 0.15% | Add +1.0% | 1,097,004 | $20.7M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +3.6% | 999,434 | $18.8M |
| Northern Trust Corp. | 0.00% | Add +1.2% | 940,202 | $17.7M |
| Bank of America Corp. | 0.00% | Reduce -26.1% | 889,285 | $16.8M |
| Voloridge Investment Management, LLC | 0.05% | New | 833,490 | $15.7M |
| Qube Research & Technologies Ltd | 0.02% | Add +41.0% | 814,567 | $15.4M |
| Candriam S.C.A. | 0.08% | Reduce -1.6% | 778,044 | $14.7M |
| Cormorant Asset Management, LP | 1.01% | Reduce -22.5% | 775,000 | $14.6M |
| Federated Hermes, Inc. | 0.03% | Add +3.0% | 759,573 | $14.3M |
| Aberdeen Group plc | 0.02% | No change | 675,034 | $12.7M |
| Jupiter Asset Management Ltd. | 0.11% | Add +59.8% | 659,331 | $12.4M |
| Fishman Jay A Ltd. | 0.91% | Add +1.7% | 565,650 | $10.7M |
| Tejara Capital Ltd | 5.38% | Reduce -40.4% | 520,503 | $9.8M |
| MYDA Advisors LLC | 2.68% | Add +27.0% | 470,000 | $8.9M |
| AQR Capital Management | 0.01% | Add +17.6% | 441,315 | $8.3M |
| Stempoint Capital LP | 1.57% | Add +100.3% | 411,893 | $7.8M |
| Deutsche Bank AG | 0.00% | Add +2.8% | 377,528 | $7.1M |
| Jane Street Group, LLC | 0.01% | Add +183.8% | 360,770 | $6.8M |
| PFM Health Sciences, LP | 0.59% | Reduce -61.0% | 360,460 | $6.8M |
| J. Goldman & Co LP | 0.25% | Reduce -58.9% | 353,644 | $6.7M |
| Jump Financial, LLC | 0.09% | Add +2306.8% | 350,485 | $6.6M |
| Barclays PLC | 0.00% | Reduce -17.3% | 325,968 | $6.1M |
| Simplify Asset Management Inc. | 0.12% | Reduce -22.3% | 317,997 | $6.0M |
| Woodline Partners LP | 0.03% | Add +53.1% | 314,619 | $5.9M |
| Bank of New York Mellon Corp | 0.00% | Add +1.8% | 310,620 | $5.9M |
| Privium Fund Management B.V. | 1.04% | Reduce -11.2% | 305,972 | $5.8M |
| Lazard Asset Management LLC | 0.01% | Reduce -27.6% | 279,619 | $5.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -39.7% | 244,015 | $4.6M |
| Ally Bridge Group (NY) LLC | 3.68% | New | 233,220 | $4.4M |
| Algert Global LLC | 0.07% | Add +132.3% | 229,392 | $4.3M |
| First Trust Advisors LP | 0.00% | Reduce -34.1% | 224,965 | $4.2M |
| Avidity Partners Management LP | 0.92% | Reduce -20.0% | 214,400 | $4.0M |
| Swiss National Bank | 0.00% | Add +1.9% | 207,900 | $3.9M |
| Vestal Point Capital, LP | 0.17% | Add +110.5% | 200,000 | $3.8M |
| Essex Investment Management Co. LLC | 0.57% | Add +3.6% | 196,262 | $3.7M |
| Invesco Ltd. | 0.00% | Add +93.5% | 192,952 | $3.6M |
| Schonfeld Strategic Advisors LLC | 0.03% | Reduce -63.6% | 189,555 | $3.6M |
| Royal Bank of Canada | 0.00% | Reduce -28.6% | 188,280 | $3.5M |
| Rhumbline Advisers | 0.00% | Reduce -1.6% | 183,129 | $3.5M |
| Citadel Advisors | 0.00% | Add +21.8% | 177,268 | $3.3M |
| FMR LLC | 0.00% | Add +11.4% | 167,974 | $3.2M |
| Squarepoint Ops LLC | 0.01% | Reduce -4.8% | 159,847 | $3.0M |
| PDT Partners, LLC | 0.18% | Reduce -19.3% | 154,108 | $2.9M |
| Millennium Management | 0.00% | Reduce -83.5% | 150,099 | $2.8M |
| Rafferty Asset Management, LLC | 0.01% | Reduce -3.9% | 148,295 | $2.8M |
| Jackson Creek Investment Advisors LLC | 0.74% | Reduce -0.0% | 135,819 | $2.6M |
| State of Wisconsin Investment Board | 0.01% | Add +37.9% | 123,961 | $2.3M |
| LPL Financial LLC | 0.00% | Reduce -3.9% | 116,924 | $2.2M |
| Alliancebernstein L.P. | 0.00% | No change | 113,360 | $2.1M |
| Eversept Partners, LP | 0.16% | New | 111,466 | $2.1M |
| Legal & General Group Plc | 0.00% | Reduce -1.9% | 109,444 | $2.1M |
| Phocas Financial Corp. | 0.26% | Add +2.2% | 106,307 | $2.0M |
| Wells Fargo & Company | 0.00% | Reduce -46.4% | 105,257 | $2.0M |
| California State Teachers Retirement System | 0.00% | Add +6.8% | 104,340 | $2.0M |
| JPMorgan Chase & Co. | 0.00% | Reduce -81.6% | 100,794 | $1.9M |
| Ameriprise Financial Inc. | 0.00% | Add +0.1% | 99,185 | $1.9M |
| Ami Asset Management Corp. | 0.10% | Reduce -15.6% | 96,091 | $1.8M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +44.4% | 95,625 | $1.8M |
| Two Sigma Investments, LP | 0.00% | Add +33.1% | 95,429 | $1.8M |
| T. Rowe Price Associates Inc. | 0.00% | Add +4.5% | 87,802 | $1.7M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.00% | New | 86,485 | $1.6M |
| Stifel Financial Corp. | 0.00% | Reduce -11.5% | 79,805 | $1.5M |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 140,000 | $1.4M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +157.7% | 76,181 | $1.4M |
| Erste Asset Management GmbH | 0.01% | No change | 73,100 | $1.4M |
| Wesbanco Bank Inc. | 0.04% | Reduce -30.2% | 71,700 | $1.4M |
| Tudor Investment Corporation | 0.01% | New | 69,980 | $1.3M |
| Cubist Systematic Strategies, LLC | 0.02% | New | 66,080 | $1.2M |
| Victory Capital Management Inc. | 0.00% | Add +107.3% | 66,044 | $1.2M |
| Focus Partners Wealth | 0.00% | Add +0.8% | 65,196 | $1.2M |
| Susquehanna International Group, LLP | 0.00% | Reduce -74.9% | 65,596 | $1.2M |
| MetLife Investment Management, LLC | 0.01% | No change | 64,485 | $1.2M |
| Los Angeles Capital Management LLC | 0.00% | Add +104.2% | 63,025 | $1.2M |
| Raymond James Financial Inc. | 0.00% | Add +12.0% | 60,074 | $1.1M |
| Legato Capital Management LLC | 0.12% | No change | 56,717 | $1.1M |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -3.3% | 56,023 | $1.1M |
| Schroder Investment Management Group | 0.00% | New | 56,542 | $1.1M |
| Intech Investment Management LLC | 0.01% | Reduce -41.3% | 50,610 | $954K |
| New York State Common Retirement Fund | 0.00% | No change | 48,670 | $917K |
| Advisors Asset Management, Inc. | 0.02% | Add +6.6% | 47,232 | $890K |
| Wellington Management Group LLP | 0.00% | Add +4.8% | 46,389 | $874K |
| Engineers Gate Manager LP | 0.01% | Reduce -52.6% | 46,283 | $872K |
| BNP Paribas Financial Markets | 0.00% | Add +296.0% | 46,146 | $870K |
| Johnson Investment Counsel Inc. | 0.01% | New | 1,600 | $866K |
| Citigroup Inc. | 0.00% | Reduce -87.2% | 45,911 | $865K |
| Oxford Asset Management LLP | 0.28% | Add +96.3% | 45,678 | $861K |
| Keybank National Association | 0.00% | Reduce -3.2% | 45,015 | $849K |
| Campbell & CO Investment Adviser LLC | 0.06% | Add +146.9% | 39,879 | $752K |
| Rockefeller Capital Management L.P. | 0.00% | Add +84.6% | 38,939 | $734K |
| TrinityBridge Ltd | 0.02% | Reduce -41.3% | 38,000 | $716K |
| Y-Intercept (Hong Kong) Ltd | 0.02% | New | 37,869 | $714K |
| Verition Fund Management LLC | 0.00% | Reduce -35.0% | 36,494 | $688K |
| Lion Point Capital, LP | 3.78% | Reduce -23.8% | 35,300 | $665K |
| Graham Capital Management, L.P. | 0.04% | Reduce -50.7% | 35,278 | $665K |
| Gsa Capital Partners LLP | 0.05% | Add +114.9% | 33,692 | $635K |
| Profund Advisors LLC | 0.02% | Reduce -0.3% | 32,556 | $614K |
| Invst, LLC | 0.07% | Add +6.8% | 32,107 | $605K |
| Arizona State Retirement System | 0.00% | Add +1.8% | 31,685 | $597K |
| Diametric Capital, LP | 0.22% | Reduce -19.0% | 31,477 | $593K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | Add +24.4% | 29,611 | $558K |
| Fox Run Management, L.L.C. | 0.08% | Add +156.1% | 28,849 | $544K |
| Dark Forest Capital Management LP | 0.02% | New | 27,367 | $516K |
| DNB Asset Management AS | 0.00% | Reduce -4.2% | 26,984 | $509K |
| Teacher Retirement System of Texas | 0.00% | Reduce -8.8% | 26,257 | $495K |
| Farallon Capital Management, L.L.C. | 0.00% | No change | 26,000 | $490K |
| Sei Investments Co. | 0.00% | Add +113.8% | 25,863 | $488K |
| CANADA LIFE ASSURANCE Co | 0.00% | No change | 25,829 | $481K |
| Brevan Howard Capital Management LP | 0.01% | Reduce -42.6% | 25,201 | $475K |
| Voleon Capital Management LP | 0.01% | New | 24,835 | $468K |
| Inspire Investing, LLC | 0.05% | Reduce -14.2% | 24,676 | $465K |
| Creative Planning | 0.00% | Add +24.1% | 24,299 | $458K |
| Bayesian Capital Management, LP | 0.09% | Add +72.7% | 24,000 | $452K |
| Cerity Partners LLC | 0.00% | Add +24.2% | 23,178 | $437K |
| ProShare Advisors LLC | 0.00% | Reduce -14.5% | 22,584 | $426K |
| Russell Investments Group, Ltd. | 0.00% | Add +97.5% | 22,096 | $417K |
| KLP Kapitalforvaltning As | 0.00% | No change | 21,800 | $411K |
| Trexquant Investment LP | 0.00% | New | 21,590 | $407K |
| STRS Ohio | 0.00% | Add +68.5% | 21,400 | $403K |
| OMERS ADMINISTRATION Corp | 0.00% | New | 21,200 | $400K |
| China Universal Asset Management Co., Ltd. | 0.03% | Reduce -12.2% | 21,018 | $396K |
| Walleye Capital LLC | 0.00% | Reduce -17.0% | 20,702 | $390K |
| LVW Advisors, LLC | 0.04% | Add +17.6% | 20,654 | $389K |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 20,547 | $387K |
| Independent Advisor Alliance | 0.01% | Add +78.9% | 20,234 | $381K |
| Voya Investment Management LLC | 0.00% | Reduce -34.4% | 19,264 | $363K |
| Kestra Private Wealth Services, LLC | 0.00% | Reduce -11.3% | 18,866 | $356K |
| Marshall Wace, LLP | 0.00% | New | 18,300 | $345K |
| Cwm, LLC | 0.00% | Add +61.4% | 18,117 | $342K |
| GK Wealth Management LLC | 0.25% | Reduce -6.5% | 17,585 | $331K |
| Ieq Capital, LLC | 0.00% | Add +3.6% | 17,540 | $331K |
| SG Americas Securities, LLC | 0.00% | New | 17,415 | $328K |
| Altfest L J & Co. Inc. | 0.04% | New | 16,712 | $315K |
| Silverleafe Capital Partners, LLC | 0.10% | Add +14.7% | 16,628 | $313K |
| Fiduciary Trust Co | 0.00% | No change | 16,156 | $305K |
| Commerce Bank | 0.00% | Reduce -5.2% | 15,980 | $301K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Reduce -9.3% | 14,211 | $292K |
| Mariner, LLC | 0.00% | Add +49.5% | 15,466 | $292K |
| Two Sigma Advisers, LP | 0.00% | Reduce -3.8% | 15,100 | $285K |
| OP Asset Management Ltd | 0.00% | New | 14,876 | $280K |
| Prudential Financial Inc. | 0.00% | Reduce -97.7% | 13,935 | $263K |
| Vontobel Holding Ltd. | 0.00% | No change | 13,356 | $252K |
| Pictet Asset Management Holding SA | 0.00% | Reduce -29.1% | 13,159 | $248K |
| S.E.E.D. Planning Group LLC | 0.07% | New | 13,000 | $245K |
| PharVision Advisers, LLC | 0.14% | New | 12,999 | $245K |
| AlphaQuest LLC | 0.02% | Add +5.7% | 12,603 | $238K |
| CIBC Bancorp USA Inc. | 0.00% | — | 11,417 | $215K |
| Entropy Technologies, LP | 0.02% | New | 11,352 | $214K |
| XTX Topco Ltd | 0.01% | Reduce -69.9% | 11,303 | $213K |
| Fred Alger Management, LLC | 0.00% | New | 11,155 | $210K |
| Corton Capital Inc. | 0.47% | Reduce -40.2% | 10,130 | $191K |
| Kestra Advisory Services, LLC | 0.00% | Reduce -12.4% | 10,120 | $191K |
| Merit Financial Group, LLC | 0.00% | New | 10,065 | $190K |
| Syon Capital LLC | 0.01% | Reduce -1.2% | 10,007 | $189K |
| Cookson Peirce & Co. Inc. | 0.01% | New | 10,000 | $189K |
| Ameritas Investment Partners, Inc. | 0.01% | Reduce -20.4% | 8,948 | $169K |
| Quantbot Technologies LP | 0.00% | Reduce -16.3% | 8,638 | $163K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -2.5% | 8,606 | $162K |
| CIBC Private Wealth Group LLC | 0.00% | Add +2.3% | 8,434 | $159K |
| Virtus Investment Advisers, LLC | 0.05% | Add +21.0% | 8,429 | $159K |
| Arax Advisory Partners | 0.00% | Add +970.6% | 6,627 | $125K |
| Jones Financial Companies LLLP | 0.00% | Add +1291.1% | 7,067 | $124K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 6,577 | $124K |
| C M Bidwell & Associates Ltd. | 0.05% | Reduce -0.3% | 5,270 | $99K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -61.9% | 4,736 | $89K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Add +0.7% | 4,636 | $87K |
| Osaic Holdings, Inc. | 0.00% | Reduce -9.5% | 5,423 | $87K |
| State of Wyoming | 0.01% | Reduce -65.3% | 4,297 | $81K |
| Wexford Capital LP | 0.02% | Reduce -66.7% | 3,849 | $73K |
| Amalgamated Bank | 0.00% | No change | 3,723 | $70K |
| KBC Group NV | 0.00% | No change | 3,055 | $58K |
| GF Fund Management Co. LTD. | 0.00% | Reduce -13.9% | 2,580 | $49K |
| Federation des caisses Desjardins du Quebec | 0.00% | New | 2,300 | $43K |
| Quarry LP | 0.01% | Reduce -82.9% | 2,154 | $41K |
| Signaturefd, LLC | 0.00% | No change | 2,137 | $40K |
| First Command Advisory Services, Inc. | 0.00% | No change | 2,000 | $38K |
| Assetmark, Inc. | 0.00% | No change | 1,860 | $35K |
| Quadrant Capital Group LLC | 0.00% | New | 1,550 | $29K |
| Point72 (DIFC) Ltd | 0.00% | New | 1,515 | $29K |
| Truvestments Capital LLC | 0.00% | Add +21.8% | 1,406 | $27K |
| Nisa Investment Advisors, LLC | 0.00% | No change | 1,379 | $26K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.00% | New | 1,160 | $22K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Add +3.7% | 1,085 | $20K |
| Huntington National Bank | 0.00% | Add +5.0% | 1,023 | $19K |
| Nvwm, LLC | 0.00% | New | 1,000 | $19K |
| Smartleaf Asset Management LLC | 0.00% | Add +133.5% | 745 | $14K |
| GAMMA Investing LLC | 0.00% | Add +3.2% | 714 | $13K |
| Optiver Holding B.V. | 0.00% | Add +1.4% | 629 | $12K |
| Allworth Financial LP | 0.00% | Add +2447.8% | 586 | $11K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +16.6% | 563 | $11K |
| NewEdge Advisors, LLC | 0.00% | Reduce -37.5% | 500 | $9K |
| Rothschild Investment LLC | 0.00% | Add +106.3% | 495 | $9K |
| Essential Partners LLC | 0.00% | Add +23.8% | 479 | $9K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -18.2% | 359 | $7K |
| Blue Bell Private Wealth Management, LLC | 0.00% | Add +53.8% | 369 | $7K |
| TD Waterhouse Canada Inc. | 0.00% | No change | 318 | $6K |
| Avion Wealth | 0.00% | No change | 335 | $6K |
| Farther Finance Advisors, LLC | 0.00% | Add +297.3% | 290 | $5K |
| Evelyn Partners Investment Management LLP | 0.00% | No change | 270 | $5K |
| Sterling Capital Management LLC | 0.00% | Reduce -1.1% | 259 | $5K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -14.4% | 256 | $5K |
| Versant Capital Management, Inc | 0.00% | No change | 215 | $4K |
| Clearstead Advisors, LLC | 0.00% | Add +43.1% | 196 | $4K |
| IFP Advisors, Inc | 0.00% | Add +2.1% | 191 | $4K |
| Mather Group, Llc. | 0.00% | New | 190 | $4K |
| Larson Financial Group LLC | 0.00% | Reduce -89.6% | 186 | $4K |
| Bessemer Group Inc. | 0.00% | New | 138 | $3K |
| SJS Investment Consulting Inc. | 0.00% | No change | 138 | $3K |
| Comerica Bank | 0.00% | Reduce -91.8% | 135 | $3K |
| Parkside Financial Bank & Trust | 0.00% | No change | 119 | $2K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 113 | $2K |
| True Wealth Design, LLC | 0.00% | New | 80 | $2K |
| GPS Wealth Strategies Group, LLC | 0.00% | No change | 80 | $2K |
| Golden State Wealth Management, LLC | 0.00% | No change | 59 | $1K |
| Physician Wealth Advisors, Inc. | 0.00% | No change | 46 | $868 |
| Sunbelt Securities, Inc. | 0.00% | New | 22 | $415 |
| Advisory Services Network, LLC | 0.00% | New | 19 | $358 |
| Covestor Ltd | 0.00% | No change | 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.