Arcutis BiotherapeuticsARQT
13F holders, Q4 2025 (December 31)283holders +44
65new positions
25sold out
8famous investors
$29.02avg. 13F price*
At the end of Q4 2025, 283 institutions reported holding Arcutis Biotherapeutics Inc. (ARQT) in their 13F filings, up 44 from Q3 2025. 65 opened new positions and 25 sold out. The largest holders were Montanova Capital, LLC ($347.4M), Frazier Life Sciences Management, L.P. ($286.8M) and BlackRock, Inc. ($264.3M). 8 famous investors held it, including David E. Shaw (0.1% of D. E. Shaw & Co.'s portfolio), Ron Baron (0.0% of Baron Capital (BAMCO)'s portfolio) and Steve Cohen (0.0% of Point72 Asset Management's portfolio).
- Company
- Arcutis Biotherapeutics Inc.
- CUSIP
- 03969K108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 65 | $206.8M |
| Exits | 25 | $52.4M |
All 13F filers, Q3 2025 → Q4 2025: 20,017,894 shares bought and 16,910,854 shares sold, net +3,107,040 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 283 holders
| Montanova Capital, LLC | 8.66% | Add +14.2% | 11,964,000 | $347.4M |
| Frazier Life Sciences Management, L.P. | 7.73% | No change | 9,874,511 | $286.8M |
| BlackRock, Inc. | 0.00% | Add +6.1% | 9,099,579 | $264.3M |
| Rubric Capital Management LP | 2.87% | Reduce -23.1% | 8,271,577 | $240.2M |
| Vanguard Group Inc. | 0.00% | Add +1.5% | 7,253,936 | $210.7M |
| Jennison Associates LLC | 0.12% | Reduce -44.9% | 6,758,006 | $196.3M |
| Polar Capital Holdings Plc | 0.74% | Add +4.9% | 5,556,169 | $161.4M |
| State Street Corp. | 0.01% | Add +18.3% | 5,488,301 | $159.4M |
| Gilder Gagnon Howe & Co. LLC | 1.37% | Add +0.6% | 4,453,856 | $129.3M |
| Morgan Stanley | 0.01% | Add +1.5% | 4,340,239 | $126.0M |
| UBS Group AG | 0.02% | Add +10.0% | 3,243,432 | $94.2M |
| Geode Capital Management, LLC | 0.00% | Add +5.6% | 2,753,307 | $80.0M |
| D. E. Shaw & Co. | 0.06% | Add +26.6% | 2,683,087 | $77.9M |
| Driehaus Capital Management LLC | 0.51% | Add +133.6% | 2,562,445 | $74.4M |
| Ensign Peak Advisors, Inc | 0.10% | Reduce -4.5% | 1,902,390 | $55.2M |
| Franklin Resources Inc. | 0.01% | Reduce -17.8% | 1,900,084 | $55.2M |
| Janus Henderson Group PLC | 0.02% | Reduce -23.7% | 1,830,061 | $53.2M |
| Bank of America Corp. | 0.00% | Add +88.2% | 1,673,454 | $48.6M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -12.7% | 1,576,413 | $45.8M |
| American Century Companies Inc. | 0.02% | Reduce -11.8% | 1,467,176 | $42.6M |
| Nuveen, LLC | 0.01% | Add +0.9% | 1,382,160 | $40.1M |
| Pivotal bioVenture Partners Investment Advisor LLC | 15.34% | Reduce -35.5% | 1,366,624 | $39.7M |
| T. Rowe Price Associates Inc. | 0.00% | Add +1228.4% | 1,166,348 | $33.9M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +1.5% | 1,014,826 | $29.5M |
| GW&K Investment Management, LLC | 0.25% | Reduce -13.9% | 1,008,580 | $29.3M |
| Northern Trust Corp. | 0.00% | Add +1.6% | 955,235 | $27.7M |
| Deutsche Bank AG | 0.01% | Add +146.4% | 930,202 | $27.0M |
| Voloridge Investment Management, LLC | 0.09% | Add +9.7% | 914,020 | $26.5M |
| Perpetual Ltd | 0.38% | Reduce -55.0% | 910,630 | $26.4M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.04% | New | 900,000 | $26.1M |
| Federated Hermes, Inc. | 0.04% | Add +17.4% | 891,767 | $25.9M |
| Oberweis Asset Management Inc./ | 0.86% | New | 808,400 | $23.5M |
| Candriam S.C.A. | 0.12% | Add +3.2% | 803,138 | $23.3M |
| BNP Paribas Financial Markets | 0.01% | Add +1416.5% | 699,803 | $20.3M |
| Qube Research & Technologies Ltd | 0.03% | Reduce -18.8% | 661,415 | $19.2M |
| Nearwater Capital Markets, Ltd | 0.31% | New | 615,000 | $17.9M |
| Aberdeen Group plc | 0.03% | Reduce -13.1% | 586,397 | $17.0M |
| Fishman Jay A Ltd. | 1.35% | Reduce -0.2% | 564,650 | $16.4M |
| MPM Bioimpact LLC | 1.77% | New | 531,200 | $15.4M |
| Baron Capital (BAMCO) | 0.04% | New | 504,700 | $14.7M |
| Cormorant Asset Management, LP | 0.82% | Reduce -35.5% | 500,000 | $14.5M |
| Capitolis Liquid Global Markets LLC | 0.09% | New | 500,000 | $14.5M |
| AQR Capital Management | 0.01% | Add +13.2% | 499,418 | $14.5M |
| Squarepoint Ops LLC | 0.03% | Add +185.2% | 455,876 | $13.2M |
| Marshall Wace, LLP | 0.01% | Add +2382.2% | 454,233 | $13.2M |
| Eversept Partners, LP | 0.71% | Add +289.9% | 434,634 | $12.6M |
| Jump Financial, LLC | 0.17% | Add +22.9% | 430,902 | $12.5M |
| Point72 Asset Management | 0.02% | New | 425,152 | $12.3M |
| Zevenbergen Capital Investments LLC | 0.27% | New | 418,035 | $12.1M |
| First Trust Advisors LP | 0.01% | Add +79.9% | 404,654 | $11.8M |
| Two Sigma Investments, LP | 0.02% | Add +320.1% | 400,862 | $11.6M |
| Barclays PLC | 0.00% | Add +1.7% | 331,578 | $9.6M |
| Jupiter Asset Management Ltd. | 0.08% | Reduce -50.5% | 326,538 | $9.5M |
| Castleark Management LLC | 0.26% | New | 309,430 | $9.0M |
| Invesco Ltd. | 0.00% | Add +59.3% | 307,382 | $8.9M |
| Privium Fund Management B.V. | 1.64% | No change | 305,972 | $8.9M |
| Bank of New York Mellon Corp | 0.00% | Reduce -2.0% | 304,428 | $8.8M |
| Wells Fargo & Company | 0.00% | Add +170.1% | 284,243 | $8.3M |
| Renaissance Technologies | 0.01% | New | 273,999 | $8.0M |
| MYDA Advisors LLC | 2.17% | Reduce -43.6% | 265,000 | $7.7M |
| Millennium Management | 0.01% | Add +57.7% | 236,770 | $6.9M |
| Prudential Financial Inc. | 0.01% | Add +1585.8% | 234,915 | $6.8M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +170.7% | 234,071 | $6.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -5.0% | 231,734 | $6.7M |
| Stempoint Capital LP | 1.12% | Reduce -45.4% | 224,740 | $6.5M |
| Jane Street Group, LLC | 0.01% | Reduce -38.6% | 221,426 | $6.4M |
| Informed Momentum Co LLC | 0.69% | New | 213,863 | $6.2M |
| Swiss National Bank | 0.00% | Add +2.4% | 212,800 | $6.2M |
| Patient Square Capital LP | 1.31% | New | 210,000 | $6.1M |
| FMR LLC | 0.00% | Add +22.3% | 205,424 | $6.0M |
| Pavaki Capital Management LLC | 4.10% | — | 202,000 | $5.9M |
| Nordea Investment Management AB | 0.01% | New | 201,638 | $5.8M |
| Woodline Partners LP | 0.02% | Reduce -38.0% | 195,033 | $5.7M |
| Hillsdale Investment Management Inc. | 0.14% | New | 179,420 | $5.2M |
| Voleon Capital Management LP | 0.11% | Add +611.1% | 176,600 | $5.1M |
| Norges Bank | 0.00% | — | 174,820 | $5.1M |
| Rafferty Asset Management, LLC | 0.02% | Add +16.0% | 172,066 | $5.0M |
| Walleye Capital LLC | 0.03% | Add +714.4% | 168,604 | $4.9M |
| Rhumbline Advisers | 0.00% | Reduce -11.9% | 161,402 | $4.7M |
| Two Sigma Advisers, LP | 0.01% | Add +933.8% | 156,100 | $4.5M |
| Citadel Advisors | 0.00% | Reduce -12.5% | 155,158 | $4.5M |
| PDT Partners, LLC | 0.29% | Add +0.6% | 155,075 | $4.5M |
| Raymond James Financial Inc. | 0.00% | Add +141.3% | 144,949 | $4.2M |
| Essex Investment Management Co. LLC | 0.63% | Reduce -28.0% | 141,271 | $4.1M |
| Manufacturers Life Insurance Company, The | 0.00% | Add +124.9% | 125,979 | $3.6M |
| Alliancebernstein L.P. | 0.00% | Add +2.6% | 116,360 | $3.4M |
| Kornitzer Capital Management Inc. | 0.07% | New | 113,385 | $3.3M |
| LPL Financial LLC | 0.00% | Reduce -4.3% | 111,874 | $3.2M |
| JPMorgan Chase & Co. | 0.00% | Add +5.7% | 106,488 | $3.1M |
| Tudor Investment Corporation | 0.02% | Add +51.7% | 106,134 | $3.1M |
| Sei Investments Co. | 0.00% | Add +303.2% | 104,286 | $3.0M |
| Legal & General Group Plc | 0.00% | Reduce -5.0% | 104,013 | $3.0M |
| California State Teachers Retirement System | 0.00% | Reduce -1.8% | 102,439 | $3.0M |
| State of Wisconsin Investment Board | 0.01% | Reduce -19.9% | 99,247 | $2.9M |
| Ameriprise Financial Inc. | 0.00% | Reduce -0.4% | 98,826 | $2.9M |
| TD Asset Management Inc | 0.00% | New | 97,200 | $2.8M |
| Lazard Asset Management LLC | 0.00% | Reduce -66.6% | 93,354 | $2.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -7.5% | 88,480 | $2.6M |
| Engineers Gate Manager LP | 0.03% | Add +87.1% | 86,605 | $2.5M |
| Pictet Asset Management Holding SA | 0.00% | Add +566.4% | 87,687 | $2.5M |
"% of holder's portfolio" is ARQT's weight in each manager's 13F, not the share of Arcutis Biotherapeutics Inc. the manager owns.