Arcutis BiotherapeuticsARQT

13F holders, Q1 2026 (March 31)
270holders −13
31new positions
45sold out
7famous investors
$23.56avg. 13F price*

At the end of Q1 2026, 270 institutions reported holding Arcutis Biotherapeutics Inc. (ARQT) in their 13F filings, down 13 from Q4 2025. 31 opened new positions and 45 sold out. The largest holders were Montanova Capital, LLC ($290.4M), Frazier Life Sciences Management, L.P. ($232.6M) and BlackRock, Inc. ($216.8M). 7 famous investors held it, including Ron Baron (0.1% of Baron Capital (BAMCO)'s portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'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

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 2025 → Q1 2026

InstitutionsTotal Value
New Positions31$52.5M
Exits45$34.3M

All 13F filers, Q4 2025 → Q1 2026: 12,165,129 shares bought and 9,276,427 shares sold, net +2,888,702 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 270 holders

Montanova Capital, LLC 7.88% Add +3.0% 12,327,000 $290.4M
Frazier Life Sciences Management, L.P. 6.00% No change 9,874,511 $232.6M
BlackRock, Inc. 0.00% Add +1.1% 9,200,411 $216.8M
Rubric Capital Management LP 2.39% No change 8,271,577 $194.9M
State Street Corp. 0.01% Add +14.7% 6,296,197 $148.3M
Polar Capital Holdings Plc 0.58% Add +2.0% 5,666,940 $133.5M
Jennison Associates LLC 0.08% Reduce -26.3% 4,980,770 $117.3M
Vanguard Capital Management LLC 0.00% — 4,871,536 $114.8M
Gilder Gagnon Howe & Co. LLC 1.22% Reduce -3.4% 4,304,010 $101.4M
Morgan Stanley 0.01% Reduce -2.8% 4,218,931 $99.4M
UBS Group AG 0.01% Add +2.6% 3,329,224 $78.4M
Geode Capital Management, LLC 0.00% Add +10.6% 3,045,306 $71.8M
D. E. Shaw & Co. 0.05% Reduce -7.0% 2,496,222 $58.8M
Marshall Wace, LLP 0.06% Add +435.4% 2,431,778 $57.3M
Franklin Resources Inc. 0.01% Add +20.9% 2,297,943 $54.1M
Driehaus Capital Management LLC 0.39% Reduce -13.1% 2,226,029 $52.4M
Bank of America Corp. 0.00% Add +32.7% 2,221,289 $52.3M
Vanguard Portfolio Management LLC 0.00% — 1,954,685 $46.1M
Janus Henderson Group PLC 0.02% Add +1.3% 1,854,566 $43.7M
Goldman Sachs Group Inc. 0.01% Add +1.7% 1,603,013 $37.8M
American Century Companies Inc. 0.02% Reduce -0.3% 1,463,228 $34.5M
Oberweis Asset Management Inc./ 0.95% Add +69.0% 1,365,941 $32.2M
Pivotal bioVenture Partners Investment Advisor LLC 11.42% Reduce -0.8% 1,355,892 $31.9M
Ensign Peak Advisors, Inc 0.05% Reduce -34.6% 1,244,387 $29.3M
Squarepoint Ops LLC 0.06% Add +142.1% 1,103,490 $26.0M
Candriam S.C.A. 0.13% Add +35.3% 1,086,651 $25.6M
Federated Hermes, Inc. 0.04% Add +20.8% 1,077,267 $25.4M
Baron Capital (BAMCO) 0.08% Add +112.4% 1,072,189 $25.3M
Charles Schwab Investment Management Inc. 0.00% Reduce -0.2% 1,012,555 $23.9M
GW&K Investment Management, LLC 0.21% Reduce -2.0% 988,387 $23.3M
Northern Trust Corp. 0.00% Add +2.2% 976,512 $23.0M
Perpetual Ltd 0.33% Reduce -0.1% 909,546 $21.4M
Nuveen, LLC 0.01% Reduce -34.7% 902,134 $21.3M
BNP Paribas Financial Markets 0.01% Add +16.1% 812,146 $19.1M
Vanguard Fiduciary Trust Co. 0.00% — 771,764 $18.2M
MPM Bioimpact LLC 1.34% Add +38.2% 733,966 $17.3M
Qube Research & Technologies Ltd 0.02% Add +9.5% 724,067 $17.1M
Aberdeen Group plc 0.02% Add +10.0% 645,066 $15.2M
Healthcare of Ontario Pension Plan Trust Fund 0.03% Reduce -29.3% 636,200 $15.0M
Nearwater Capital Markets, Ltd 0.34% Reduce -1.3% 607,300 $14.3M
Point72 Asset Management 0.03% Add +39.0% 590,877 $13.9M
Eversept Partners, LP 0.90% Add +32.7% 576,580 $13.6M
Fishman Jay A Ltd. 1.19% Add +0.4% 566,730 $13.4M
Voloridge Investment Management, LLC 0.05% Reduce -40.9% 540,511 $12.7M
Manufacturers Life Insurance Company, The 0.01% Add +299.9% 503,856 $11.9M
Capitolis Liquid Global Markets LLC 0.07% — 500,000 $11.8M
M&G PLC 0.06% New 469,082 $11.3M
AQR Capital Management 0.01% Reduce -6.2% 468,253 $11.0M
Cormorant Asset Management, LP 0.53% Reduce -10.0% 450,000 $10.6M
T. Rowe Price Associates Inc. 0.00% Reduce -61.6% 448,207 $10.6M
Renaissance Technologies 0.02% Add +61.0% 440,999 $10.4M
Stempoint Capital LP 1.87% Add +84.1% 413,792 $9.7M
Patient Square Capital LP 1.67% Add +90.8% 400,645 $9.4M
Deutsche Bank AG 0.00% Reduce -58.1% 389,847 $9.2M
Adage Capital Partners Gp, L.L.C. 0.01% New 366,000 $8.6M
Zevenbergen Capital Investments LLC 0.24% Reduce -14.5% 357,490 $8.4M
First Trust Advisors LP 0.01% Reduce -13.2% 351,217 $8.3M
Penn Capital Management Company, LLC 0.61% New 333,130 $7.9M
Privium Fund Management B.V. 1.57% Add +4.9% 320,972 $7.6M
Peregrine Capital Management LLC 0.27% New 306,272 $7.2M
Bank of New York Mellon Corp 0.00% Add +0.4% 305,532 $7.2M
Castleark Management LLC 0.23% Reduce -5.2% 293,460 $6.9M
Jane Street Group, LLC 0.01% Add +28.1% 283,623 $6.7M
FMR LLC 0.00% Add +35.7% 278,736 $6.6M
New York State Common Retirement Fund 0.01% Add +498.0% 256,628 $6.0M
Prudential Financial Inc. 0.01% Add +9.2% 256,545 $6.0M
MYDA Advisors LLC 1.34% Reduce -9.4% 240,000 $5.7M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +2.4% 237,171 $5.6M
Two Sigma Investments, LP 0.00% Reduce -41.5% 234,307 $5.5M
Swiss National Bank 0.00% Add +2.5% 218,200 $5.1M
Jupiter Asset Management Ltd. 0.03% Reduce -33.5% 217,255 $5.1M
Sei Investments Co. 0.00% Add +97.7% 206,141 $4.9M
Wells Fargo & Company 0.00% Reduce -30.4% 197,810 $4.7M
Woodline Partners LP 0.02% No change 195,033 $4.6M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% Reduce -18.8% 190,014 $4.5M
Hillsdale Investment Management Inc. 0.12% Add +4.9% 188,220 $4.4M
Nordea Investment Management AB 0.00% Reduce -4.3% 192,920 $4.4M
Pavaki Capital Management LLC 3.10% Reduce -7.4% 187,000 $4.4M
Rafferty Asset Management, LLC 0.02% Add +6.4% 183,024 $4.3M
Kornitzer Capital Management Inc. 0.09% Add +55.1% 175,870 $4.1M
Principal Financial Group Inc. 0.00% New 168,826 $4.0M
Tejara Capital Ltd 1.29% New 166,191 $3.9M
Rhumbline Advisers 0.00% Reduce -0.2% 161,131 $3.8M
PDT Partners, LLC 0.22% No change 155,075 $3.7M
Lazard Asset Management LLC 0.01% Add +65.6% 154,566 $3.6M
Los Angeles Capital Management LLC 0.01% Add +139.4% 154,422 $3.6M
Raymond James Financial Inc. 0.00% Add +3.4% 149,867 $3.5M
Alliancebernstein L.P. 0.00% Add +1.6% 118,223 $3.4M
Essex Investment Management Co. LLC 0.54% Add +1.9% 143,934 $3.4M
Invesco Ltd. 0.00% Reduce -54.5% 139,843 $3.3M
California State Teachers Retirement System 0.00% Add +25.3% 128,317 $3.0M
Pictet Asset Management Holding SA 0.00% Add +57.5% 138,112 $3.0M
Voleon Capital Management LP 0.06% Reduce -30.0% 123,683 $2.9M
LPL Financial LLC 0.00% Add +6.7% 119,381 $2.8M
1492 Capital Management LLC 1.06% New 118,156 $2.8M
Susquehanna International Group, LLP 0.00% Add +1165.1% 112,179 $2.6M
JPMorgan Chase & Co. 0.00% Add +6.1% 112,954 $2.4M
Ameriprise Financial Inc. 0.00% Add +2.9% 101,674 $2.4M
State of Wisconsin Investment Board 0.01% Add +1.7% 100,902 $2.4M
Nomura Asset Management International Inc. 0.00% New 98,847 $2.3M
Schroder Investment Management Group 0.00% Add +82.6% 104,356 $2.2M
Mackenzie Financial Corp. 0.00% Add +80.0% 88,261 $2.1M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +0.0% 88,484 $2.1M
Legal & General Group Plc 0.00% Reduce -18.4% 84,877 $2.0M
Profund Advisors LLC 0.07% Add +27.4% 81,743 $1.9M
Advisors Asset Management, Inc. 0.03% Add +3.3% 79,116 $1.9M
VANGUARD ASSET MANAGEMENT, Ltd 0.00% — 72,590 $1.7M
Jackson Creek Investment Advisors LLC 0.48% Reduce -3.4% 68,646 $1.6M
Erste Asset Management GmbH 0.01% No change 73,100 $1.6M
Engineers Gate Manager LP 0.02% Reduce -23.8% 65,977 $1.6M
Focus Partners Wealth 0.00% Reduce -1.7% 65,449 $1.5M
Man Group plc 0.00% Add +616.8% 64,219 $1.5M
Russell Investments Group, Ltd. 0.00% Reduce -20.3% 62,245 $1.5M
MetLife Investment Management, LLC 0.01% Add +1.1% 60,975 $1.4M
Victory Capital Management Inc. 0.00% Reduce -9.1% 60,402 $1.4M
Vanguard Global Advisers, LLC 0.00% — 52,259 $1.2M
Ami Asset Management Corp. 0.08% Add +3.3% 50,863 $1.2M
Walleye Capital LLC 0.01% Reduce -70.1% 50,460 $1.2M
Phocas Financial Corp. 0.19% Reduce -22.0% 50,299 $1.2M
Jump Financial, LLC 0.02% Reduce -88.5% 49,567 $1.2M
Millennium Management 0.00% Reduce -79.2% 49,333 $1.2M
Wesbanco Bank Inc. 0.03% No change 48,500 $1.1M
Citigroup Inc. 0.00% Reduce -12.3% 48,337 $1.1M
Gsa Capital Partners LLP 0.07% Add +280.1% 46,087 $1.1M
Legato Capital Management LLC 0.10% Reduce -1.5% 45,350 $1.1M
Wellington Management Group LLP 0.00% Reduce -3.9% 44,373 $1.0M
Guggenheim Capital LLC 0.01% Add +33.0% 43,234 $1.0M
XTX Topco Ltd 0.02% Reduce -42.6% 42,684 $1.0M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +13.7% 42,131 $993K
Handelsbanken Fonder AB 0.00% Add +20.4% 41,300 $973K
SG Americas Securities, LLC 0.00% Add +13.1% 39,826 $938K
State of New Jersey Common Pension Fund D 0.00% Add +2.3% 37,676 $888K
Algert Global LLC 0.01% Reduce -57.4% 36,720 $865K
Invst, LLC 0.09% Add +15.4% 35,205 $829K
Vontobel Holding Ltd. 0.00% Add +15.3% 34,610 $815K
Aquatic Capital Management LLC 0.02% Reduce -42.9% 34,607 $815K
Independent Advisor Alliance 0.01% Add +24.9% 31,597 $744K
Campbell & CO Investment Adviser LLC 0.04% New 31,544 $743K
Intech Investment Management LLC 0.01% Reduce -38.6% 31,053 $732K
OpenArc Corporate Advisory, LLC 0.01% Reduce -0.0% 30,593 $721K
Arizona State Retirement System 0.00% Add +1.4% 30,281 $713K
Creative Planning 0.00% Add +9.2% 29,651 $699K
Police & Firemen's Retirement System of New Jersey 0.01% No change 29,244 $689K
Virtus Investment Advisers, LLC 0.19% Add +23.5% 29,092 $685K
Barclays PLC 0.00% Reduce -91.3% 28,965 $682K
Envestnet Asset Management Inc. 0.00% Add +9.0% 28,908 $681K
Sit Investment Associates Inc. 0.01% Add +123.2% 28,900 $681K
Vanguard Investments Australia, Ltd. 0.00% — 28,101 $662K
D.A. Davidson & Co. 0.00% Reduce -4.5% 27,458 $647K
Farallon Capital Management, L.L.C. 0.00% No change 26,000 $613K
DNB Asset Management AS 0.00% Reduce -8.6% 25,401 $598K
KLP Kapitalforvaltning As 0.00% Add +5.2% 24,300 $573K
Cerity Partners LLC 0.00% Reduce -3.8% 23,926 $564K
Mariner, LLC 0.00% Reduce -9.5% 23,774 $560K
Quadrature Capital Ltd 0.01% New 23,157 $546K
LVW Advisors, LLC 0.05% Add +4.1% 23,091 $544K
E Fund Management Co., Ltd. 0.02% — 23,007 $542K
Keybank National Association 0.00% Reduce -25.7% 22,952 $541K
Nomura Holdings Inc. 0.00% New 22,943 $541K
China Universal Asset Management Co., Ltd. 0.04% Add +10.3% 22,011 $519K
Inspire Investing, LLC 0.03% Add +38.6% 21,947 $517K
ProShare Advisors LLC 0.00% Reduce -15.8% 21,499 $507K
STRS Ohio 0.00% No change 21,400 $504K
State Board of Administration of Florida Retirement System 0.00% No change 20,547 $484K
Elevated Financial Group LLC 0.16% Add +5.6% 20,543 $484K
PSP Research LLC 0.33% Add +5.3% 19,700 $464K
Rockefeller Capital Management L.P. 0.00% Reduce -62.0% 19,597 $462K
Quantinno Capital Management LP 0.00% Add +1.4% 19,113 $450K
Virtu Financial LLC 0.02% New 19,050 $449K
TrinityBridge Ltd 0.01% No change 19,000 $448K
Voya Investment Management LLC 0.00% Reduce -52.6% 18,890 $445K
Merit Financial Group, LLC 0.00% Add +44.8% 18,852 $444K
State of Wyoming 0.05% Add +62.9% 18,434 $434K
Entropy Technologies, LP 0.02% Add +47.9% 17,964 $423K
Cwm, LLC 0.00% Reduce -21.2% 17,702 $417K
PNC Financial Services Group, Inc. 0.00% Add +29.4% 17,597 $415K
Trexquant Investment LP 0.00% New 17,042 $402K
MFA Wealth Services 0.25% New 16,196 $382K
Axq Capital, LP 0.05% New 16,181 $381K
Stratos Wealth Partners, LTD. 0.00% New 15,821 $373K
Citadel Advisors 0.00% Reduce -89.9% 15,606 $368K
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -6.6% 15,352 $363K
Triumph Capital Management 0.07% Add +1581.7% 15,135 $357K
Teacher Retirement System of Texas 0.00% Reduce -10.7% 14,267 $336K
CIBC Bancorp USA Inc. 0.00% — 13,976 $329K
Navellier & Associates Inc. 0.03% New 13,753 $324K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +94.9% 13,274 $313K
CANADA LIFE ASSURANCE Co 0.00% No change 12,816 $303K
Jones Financial Companies LLLP 0.00% Add +92.9% 14,033 $298K
Commerce Bank 0.00% Reduce -2.0% 12,631 $298K
Financiere des Professionnels - Fonds d'investissement inc. 0.02% No change 12,434 $293K
Tower Research Capital LLC (TRC) 0.01% Reduce -18.4% 12,153 $286K
Kestra Private Wealth Services, LLC 0.00% Reduce -34.2% 11,729 $276K
Xponance LLC 0.00% Add +17.9% 11,085 $261K
Fiduciary Trust Co 0.00% No change 10,620 $250K
Ballentine Partners, LLC 0.00% No change 10,584 $249K
Captrust Financial Advisors 0.00% Reduce -3.6% 10,290 $242K
Syon Capital LLC 0.01% No change 10,007 $236K
Amundi 0.00% New 9,091 $214K
Ameritas Investment Partners, Inc. 0.01% No change 8,948 $211K
Independent Financial Group, LLC 0.00% Reduce -45.9% 8,906 $210K
Kestra Advisory Services, LLC 0.00% Reduce -5.9% 8,886 $209K
Public Employees Retirement Association of Colorado 0.00% No change 6,577 $155K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +8.7% 6,470 $152K
Acadian Asset Management LLC 0.00% Reduce -68.5% 6,333 $149K
Osaic Holdings, Inc. 0.00% Reduce -0.8% 5,453 $128K
Lion Point Capital, LP 0.74% No change 5,250 $124K
Freestone Grove Partners LP 0.00% New 4,543 $107K
KBC Group NV 0.00% Add +43.2% 4,376 $103K
C M Bidwell & Associates Ltd. 0.04% Reduce -24.5% 4,026 $95K
Truvestments Capital LLC 0.01% No change 3,012 $71K
GF Fund Management Co. LTD. 0.00% Add +14.3% 2,751 $65K
Signaturefd, LLC 0.00% No change 2,147 $51K
First Command Advisory Services, Inc. 0.00% No change 2,000 $47K
Caitong International Asset Management Co., Ltd 0.01% New 1,689 $40K
Quadrant Capital Group LLC 0.00% No change 1,550 $37K
Assetmark, Inc. 0.00% No change 1,517 $36K
Royal Bank of Canada 0.00% Reduce -72.3% 1,383 $32K
Nisa Investment Advisors, LLC 0.00% Add +0.2% 1,229 $29K
GAMMA Investing LLC 0.00% Add +5.4% 1,095 $26K
Nvwm, LLC 0.01% No change 1,000 $24K
Kemnay Advisory Services Inc. 0.00% Add +314.9% 921 $22K
Quantbot Technologies LP 0.00% Reduce -7.6% 921 $22K
1620 Investment Advisors, Inc. 0.01% New 875 $21K
Allworth Financial LP 0.00% Add +14.0% 829 $20K
Huntington National Bank 0.00% Reduce -4.1% 780 $18K
Smartleaf Asset Management LLC 0.00% Add +7.3% 820 $17K
Sterling Capital Management LLC 0.00% Reduce -0.7% 713 $17K
EverSource Wealth Advisors, LLC 0.00% Reduce -47.6% 661 $16K
Steward Partners Investment Advisory, LLC 0.00% Add +442.5% 613 $14K
Essential Partners LLC 0.00% No change 594 $14K
Arax Advisory Partners 0.00% Reduce -61.3% 573 $14K
Rothschild Investment LLC 0.00% Add +6.8% 565 $13K
McGuire Capital Advisors Inc. 0.01% No change 510 $12K
NewEdge Advisors, LLC 0.00% Reduce -67.6% 500 $12K
Fifth Third Bancorp 0.00% New 417 $10K
Blue Bell Private Wealth Management, LLC 0.00% No change 369 $9K
Farther Finance Advisors, LLC 0.00% Reduce -38.7% 352 $8K
SBI Securities Co., Ltd. 0.00% Reduce -68.6% 342 $8K
TD Waterhouse Canada Inc. 0.00% No change 318 $8K
Optiver Holding B.V. 0.00% Reduce -17.8% 323 $8K
Mark Sheptoff Financial Planning, LLC 0.00% No change 300 $7K
Avion Wealth 0.00% No change 335 $7K
IFP Advisors, Inc 0.00% Reduce -2.3% 294 $7K
Rachor Investment Advisory Services, LLC 0.00% Reduce -2.2% 269 $6K
Prestige Wealth Management Group LLC 0.00% Add +31.6% 250 $6K
SMA Capital LLC 0.00% New 239 $6K
Sound Income Strategies, LLC 0.00% No change 186 $4K
Bessemer Group Inc. 0.00% Add +37.7% 190 $4K
SJS Investment Consulting Inc. 0.00% Reduce -69.6% 161 $4K
MAI Capital Management 0.00% Add +850.0% 152 $4K
US Bancorp \de 0.00% Reduce -45.6% 142 $3K
Larson Financial Group LLC 0.00% Reduce -39.2% 132 $3K
Parkside Financial Bank & Trust 0.00% No change 119 $3K
True Wealth Design, LLC 0.00% No change 80 $2K
Versant Capital Management, Inc 0.00% No change 80 $2K
Root Financial Partners, LLC 0.00% Add +6000.0% 61 $1K
Owl Creek Wealth Partners LLC 0.00% — 55 $1K
Parallel Advisors, LLC 0.00% Add +2250.0% 47 $1K
Physician Wealth Advisors, Inc. 0.00% No change 46 $1K
Sunbelt Securities, Inc. 0.00% No change 22 $518
Advisory Services Network, LLC 0.00% New 19 $448
Bare Financial Services, Inc 0.00% New 17 $401
MassMutual Private Wealth & Trust, FSB 0.00% New 7 $165
Twin Peaks Wealth Advisors, LLC 0.00% New 7 $165
Basecamp Wealth Advisors LLC 0.00% New 4 $94
Hughes Financial Services, LLC 0.00% New 3 $71
TFC Financial Management, Inc. 0.00% New 1 $24
Keating Financial Advisory Services, Inc. 0.00% New 1 $24
Covestor Ltd 0.00% Reduce -11.1% 8 $0

"% of holder's portfolio" is ARQT's weight in each manager's 13F, not the share of Arcutis Biotherapeutics Inc. the manager owns.