Ars PharmaceuticalsSPRY

13F holders, Q4 2025 (December 31)
191holders +3
31new positions
33sold out
5famous investors
$11.65avg. 13F price*

At the end of Q4 2025, 191 institutions reported holding Ars Pharmaceuticals Inc. (SPRY) in their 13F filings, up 3 from Q3 2025. 31 opened new positions and 33 sold out. The largest holders were Ra Capital Management, L.P. ($126.5M), Orbimed Advisors LLC ($96.6M) and Deerfield Management Company, L.P. ($87.4M). 5 famous investors held it, including Dan Loeb (0.1% of Third Point's portfolio), Ron Baron (0.0% of Baron Capital (BAMCO)'s portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Ars Pharmaceuticals Inc.
CUSIP
82835W108
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200250 Q1 2024: 113Q1 2024Q2 2024: 115Q2 2024Q3 2024: 151Q3 2024Q4 2024: 165Q4 2024Q1 2025: 183Q1 2025Q2 2025: 187Q2 2025Q3 2025: 188Q3 2025Q4 2025: 191Q4 2025Q1 2026: 203Q1 2026Q2 2026: 208Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions31$107.3M
Exits33$43.3M

All 13F filers, Q3 2025 → Q4 2025: 15,942,357 shares bought and 10,934,173 shares sold, net +5,008,184 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 191 holders

Ra Capital Management, L.P. 1.30% No change 10,860,977 $126.5M
Orbimed Advisors LLC 1.98% No change 8,288,510 $96.6M
Deerfield Management Company, L.P. 1.28% No change 7,503,812 $87.4M
Rubric Capital Management LP 0.86% Add +37.8% 6,200,000 $72.2M
BlackRock, Inc. 0.00% Add +5.3% 5,085,317 $59.2M
SR One Capital Management, LP 6.62% No change 4,012,903 $46.8M
Aberdeen Group plc 0.06% Add +14.8% 3,556,049 $41.4M
Vanguard Group Inc. 0.00% Add +0.3% 3,509,174 $40.9M
State Street Corp. 0.00% Add +11.3% 3,223,581 $37.6M
Millennium Management 0.03% New 3,168,406 $36.9M
Franklin Resources Inc. 0.01% Add +6.0% 2,543,097 $29.6M
UBS Group AG 0.01% Add +235.0% 2,210,866 $25.8M
Tyro Capital Management LLC 7.23% New 1,994,852 $23.2M
Citadel Advisors 0.02% Add +23.2% 1,954,472 $22.8M
Casdin Capital, LLC 1.16% No change 1,600,000 $18.6M
Geode Capital Management, LLC 0.00% Add +3.1% 1,552,870 $18.1M
Southpoint Capital Advisors LP 0.41% No change 1,500,000 $17.5M
Janney Montgomery Scott LLC 0.03% Add +6.2% 1,287,832 $15.0M
Baron Capital (BAMCO) 0.04% No change 1,268,532 $14.8M
Pavaki Capital Management LLC 9.53% — 1,172,000 $13.7M
Goldman Sachs Group Inc. 0.00% Reduce -38.8% 812,036 $9.5M
FIL Ltd 0.01% New 810,073 $9.4M
Levin Capital Strategies, L.P. 0.76% Reduce -2.2% 747,506 $8.7M
Nextech Invest Ltd. 0.74% No change 660,703 $7.7M
Bank of Montreal 0.00% New 643,407 $7.5M
CenterBook Partners LP 0.32% Add +10.9% 568,361 $6.6M
Raymond James Financial Inc. 0.00% Reduce -25.2% 566,056 $6.6M
General American Investors Co. Inc. 0.41% New 559,959 $6.5M
Third Point 0.09% New 556,237 $6.5M
Morgan Stanley 0.00% Reduce -21.1% 552,364 $6.4M
Charles Schwab Investment Management Inc. 0.00% Add +5.8% 550,932 $6.4M
Northern Trust Corp. 0.00% Reduce -2.0% 521,009 $6.1M
Bank of America Corp. 0.00% Add +77.2% 482,084 $5.6M
American Century Companies Inc. 0.00% New 455,766 $5.3M
Alyeska Investment Group, L.P. 0.01% Add +7.4% 418,883 $4.9M
JPMorgan Chase & Co. 0.00% Add +1089.7% 417,090 $4.9M
FMR LLC 0.00% Reduce -46.3% 398,959 $4.6M
Lisanti Capital Growth, LLC 1.09% Add +87.8% 396,509 $4.6M
ADAR1 Capital Management, LLC 0.32% Add +524.0% 369,569 $4.3M
Empire Life Investments Inc. 0.23% Reduce -0.9% 352,602 $4.1M
Investment Management Associates Inc. 1.01% New 311,503 $3.6M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -9.2% 304,445 $3.5M
Creek Drive Management Group LLC 2.56% — 295,863 $3.4M
Eversept Partners, LP 0.16% Reduce -74.2% 251,593 $2.9M
Steward Partners Investment Advisory, LLC 0.01% Add +47.5% 216,296 $2.5M
Royce & Associates LP 0.02% New 207,051 $2.4M
FAS Wealth Partners, Inc. 0.15% Add +0.9% 202,407 $2.4M
Boothbay Fund Management, LLC 0.06% New 201,474 $2.3M
Barclays PLC 0.00% Reduce -14.1% 196,387 $2.3M
DAFNA Capital Management LLC 0.52% Add +35.3% 190,065 $2.2M
Dimensional Fund Advisors LP 0.00% Reduce -1.1% 176,122 $2.1M
Wexford Capital LP 0.50% Reduce -1.7% 165,313 $1.9M
Bank of New York Mellon Corp 0.00% Add +5.4% 163,006 $1.9M
Quinn Opportunity Partners LLC 0.08% Add +24.0% 155,000 $1.8M
Woodline Partners LP 0.01% No change 150,936 $1.8M
Trexquant Investment LP 0.02% Reduce -76.2% 150,100 $1.7M
Nuveen, LLC 0.00% No change 149,597 $1.7M
Knights of Columbus Asset Advisors LLC 0.09% Reduce -2.8% 130,729 $1.5M
Rafferty Asset Management, LLC 0.00% Reduce -5.6% 115,564 $1.3M
Principal Financial Group Inc. 0.00% Add +46.7% 112,766 $1.3M
Legato Capital Management LLC 0.11% Add +176.8% 109,095 $1.3M
Swiss National Bank 0.00% Add +27.2% 107,200 $1.2M
Sit Investment Associates Inc. 0.02% Add +24.6% 92,875 $1.1M
Cambridge Investment Research Advisors, Inc. 0.00% No change 87,161 $1.0M
Valley Forge Investment Consultants Inc. Adv 0.28% No change 83,225 $970K
Alps Advisors Inc. 0.01% Add +63.6% 81,168 $946K
Marshall Wace, LLP 0.00% Reduce -59.9% 79,214 $923K
SG Americas Securities, LLC 0.00% Add +654.1% 76,203 $888K
AssuredPartners Investment Advisors, LLC 0.13% Add +31.1% 75,779 $883K
Sei Investments Co. 0.00% Add +55.5% 74,807 $872K
Wells Fargo & Company 0.00% Add +0.6% 74,256 $865K
Rhumbline Advisers 0.00% Reduce -9.7% 73,293 $854K
HRT Financial LP 0.00% New 68,645 $799K
Alliancebernstein L.P. 0.00% Reduce -97.7% 60,120 $700K
Legal & General Group Plc 0.00% Add +5.7% 58,368 $680K
Matisse Capital 0.29% Reduce -3.9% 55,561 $647K
American Assets Inc. 0.20% No change 55,000 $641K
California State Teachers Retirement System 0.00% Add +21.9% 54,098 $630K
Coastal Bridge Advisors, LLC 0.05% Reduce -41.3% 53,830 $627K
Quantinno Capital Management LP 0.00% Add +31.2% 53,113 $619K
Permanent Capital Management, LP 0.12% Reduce -1.9% 52,306 $609K
Schulhoff & Co. Inc. 0.25% Add +17.6% 51,150 $596K
Deutsche Bank AG 0.00% Add +16.1% 48,727 $568K
Los Angeles Capital Management LLC 0.00% New 65,746 $567K
Profund Advisors LLC 0.02% Add +62.6% 42,808 $499K
Fox Run Management, L.L.C. 0.07% New 38,587 $450K
Invesco Ltd. 0.00% Reduce -7.2% 37,230 $434K
XTX Topco Ltd 0.01% Reduce -74.1% 37,201 $433K
Aquatic Capital Management LLC 0.01% Reduce -65.9% 36,037 $420K
MetLife Investment Management, LLC 0.00% No change 34,338 $400K
Voya Investment Management LLC 0.00% Reduce -70.3% 34,128 $398K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +1.3% 34,100 $397K
T. Rowe Price Associates Inc. 0.00% No change 33,788 $394K
Diker Management LLC 0.30% Reduce -23.0% 33,508 $390K
AlphaQuest LLC 0.02% Reduce -28.0% 32,970 $384K
Manufacturers Life Insurance Company, The 0.00% Reduce -1.3% 32,058 $373K
Private Advisor Group, LLC 0.00% Add +52.9% 31,460 $367K
Cresset Asset Management, LLC 0.00% No change 30,152 $351K
Sectoral Asset Management Inc. 0.28% Reduce -63.6% 29,803 $347K
Canada Pension Plan Investment Board 0.00% New 29,600 $345K
Freestone Grove Partners LP 0.00% Reduce -81.6% 28,003 $326K
HighTower Advisors, LLC 0.00% Add +0.8% 26,529 $309K
D. E. Shaw & Co. 0.00% Reduce -22.5% 26,527 $309K
Belpointe Asset Management LLC 0.01% Add +35.0% 25,468 $297K
Creative Planning 0.00% Reduce -6.8% 25,328 $295K
Nano Cap New Millennium Growth Fund L P 0.25% — 25,000 $291K
Letko, Brosseau & Associates Inc. 0.00% No change 24,700 $288K
Wealthspire Advisors, LLC 0.00% New 23,650 $276K
LPL Financial LLC 0.00% Reduce -0.7% 22,916 $267K
Intech Investment Management LLC 0.00% Reduce -28.2% 22,626 $264K
VARCOV Co. 0.10% — 22,300 $260K
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.00% New 21,614 $252K
Janus Henderson Group PLC 0.00% No change 21,600 $252K
Nisa Investment Advisors, LLC 0.00% Add +229.8% 20,620 $240K
Everstar Asset Management, LLC 0.12% No change 20,000 $233K
Citigroup Inc. 0.00% Add +115.4% 18,564 $216K
Oppenheimer & Co. Inc. 0.00% Add +42.7% 17,858 $208K
New York State Common Retirement Fund 0.00% No change 17,707 $206K
China Universal Asset Management Co., Ltd. 0.01% Reduce -7.0% 16,107 $188K
Arizona State Retirement System 0.00% Add +17.6% 15,372 $179K
Cetera Investment Advisers 0.00% New 15,340 $179K
Police & Firemen's Retirement System of New Jersey 0.00% No change 15,148 $176K
ProShare Advisors LLC 0.00% Add +11.3% 15,139 $176K
Foster & Motley Inc. 0.01% No change 14,780 $172K
Lazard Asset Management LLC 0.00% New 14,347 $167K
Amica Mutual Insurance Co. 0.01% No change 14,350 $167K
Sherbrooke Park Advisers LLC 0.40% New 13,139 $153K
Tannin Capital LLC 0.14% — 13,066 $152K
Jones Financial Companies LLLP 0.00% Add +731.5% 12,140 $141K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% No change 11,662 $136K
KLP Kapitalforvaltning As 0.00% No change 11,600 $135K
Blair William & Co. 0.00% New 11,600 $135K
Cygnus Capital Advisors, LLC 0.09% — 10,556 $123K
Pictet Asset Management Holding SA 0.00% Reduce -94.5% 10,362 $121K
K2 Principal Fund, L.P. 0.04% Reduce -98.4% 10,200 $119K
Wealth Architects, LLC 0.01% New 10,000 $117K
Group One Trading LLC 0.00% Add +23.6% 9,517 $111K
CX Institutional 0.00% Reduce -2.2% 8,990 $105K
BNP Paribas Financial Markets 0.00% Reduce -48.9% 6,407 $75K
Russell Investments Group, Ltd. 0.00% Reduce -12.9% 5,805 $68K
Osterweis Capital Management Inc. 0.00% New 5,610 $65K
Ameritas Investment Partners, Inc. 0.00% Reduce -12.7% 4,888 $57K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +25.7% 4,803 $56K
Royal Bank of Canada 0.00% Reduce -87.7% 4,684 $54K
Osaic Holdings, Inc. 0.00% Reduce -12.2% 3,626 $42K
Kestra Advisory Services, LLC 0.00% Reduce -93.0% 3,470 $40K
Signaturefd, LLC 0.00% No change 2,812 $33K
Torren Management, LLC 0.02% — 2,762 $32K
Versant Capital Management, Inc 0.00% Add +91.7% 2,574 $30K
Bernard Wealth Management Corp. 0.01% No change 2,520 $29K
TD Waterhouse Canada Inc. 0.00% No change 2,160 $25K
Caz Investments LP 0.04% No change 2,000 $23K
Smartleaf Asset Management LLC 0.00% Add +253.6% 1,952 $23K
GF Fund Management Co. LTD. 0.00% Reduce -8.7% 1,942 $23K
Rockefeller Capital Management L.P. 0.00% Add +89.4% 1,894 $22K
Amalgamated Bank 0.00% Add +10.2% 1,853 $22K
US Bancorp \de 0.00% Reduce -6.3% 1,475 $17K
Capital Analysts, LLC 0.00% No change 1,300 $15K
Farther Finance Advisors, LLC 0.00% Reduce -26.0% 1,139 $13K
Tower Research Capital LLC (TRC) 0.00% Reduce -85.9% 1,049 $12K
Heritage Wealth Advisors 0.00% No change 1,000 $12K
Eastern Bank 0.00% New 750 $9K
SBI Securities Co., Ltd. 0.00% Add +7.3% 749 $9K
Allworth Financial LP 0.00% Reduce -6.7% 743 $9K
Golden State Wealth Management, LLC 0.00% No change 484 $6K
Avion Wealth 0.00% No change 500 $5K
Sterling Capital Management LLC 0.00% Add +181.1% 402 $5K
Brown, Lisle/Cummings, Inc. 0.00% No change 400 $5K
Spire Wealth Management 0.00% No change 400 $5K
Arax Advisory Partners 0.00% Add +188.3% 369 $4K
Hilton Head Capital Partners, LLC 0.00% — 365 $4K
Quadrant Capital Group LLC 0.00% No change 347 $4K
Daiwa Securities Group Inc. 0.00% No change 367 $4K
Optiver Holding B.V. 0.00% Reduce -27.0% 260 $3K
Bessemer Group Inc. 0.00% No change 235 $3K
Quarry LP 0.00% New 250 $3K
Comerica Bank 0.00% Add +83.9% 217 $3K
Key Financial Inc 0.00% New 200 $2K
Tidemark, LLC 0.00% No change 169 $2K
Aster Capital Management (DIFC) Ltd 0.00% New 153 $2K
GAMMA Investing LLC 0.00% Reduce -39.7% 108 $1K
Tripletail Wealth Management, LLC 0.00% Reduce -77.8% 100 $1K
Cwm, LLC 0.00% Reduce -97.6% 62 $1K
Larson Financial Group LLC 0.00% Add +1975.0% 83 $967
PNC Financial Services Group, Inc. 0.00% New 36 $419
Strategic Wealth Partners, Ltd. 0.00% New 20 $233
Rothschild Investment LLC 0.00% Reduce -54.3% 16 $186
EverSource Wealth Advisors, LLC 0.00% New 9 $105
Essential Partners LLC 0.00% New 4 $47
Lanark Financial, Inc. 0.00% No change 1 $11
Covestor Ltd 0.00% Reduce -12.5% 7 $0

"% of holder's portfolio" is SPRY's weight in each manager's 13F, not the share of Ars Pharmaceuticals Inc. the manager owns.