Tarsus PharmaceuticalsTARS

13F holders, Q3 2025 (September 30)
220holders +15
36new positions
21sold out
5famous investors
$59.42avg. 13F price*

At the end of Q3 2025, 220 institutions reported holding Tarsus Pharmaceuticals Inc. (TARS) in their 13F filings, up 15 from Q2 2025. 36 opened new positions and 21 sold out. The largest holders were BlackRock, Inc. ($224.6M), RTW Investments, LP ($188.8M) and Deep Track Capital, LP ($178.3M). 5 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).

Company
Tarsus Pharmaceuticals Inc.
CUSIP
87650L103
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300 Q1 2024: 157Q1 2024Q2 2024: 148Q2 2024Q3 2024: 162Q3 2024Q4 2024: 195Q4 2024Q1 2025: 194Q1 2025Q2 2025: 205Q2 2025Q3 2025: 220Q3 2025Q4 2025: 246Q4 2025Q1 2026: 253Q1 2026Q2 2026: 256Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions36$88.9M
Exits21$40.4M

All 13F filers, Q2 2025 → Q3 2025: 4,378,091 shares bought and 5,148,355 shares sold, net −770,264 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 220 holders

BlackRock, Inc. 0.00% Reduce -0.3% 3,779,621 $224.6M
RTW Investments, LP 2.33% Add +2.1% 3,177,436 $188.8M
Deep Track Capital, LP 4.98% Add +71.4% 3,000,000 $178.3M
Paradigm Biocapital Advisors LP 4.69% Reduce -10.4% 2,665,698 $158.4M
Jennison Associates LLC 0.09% Add +5.5% 2,604,580 $154.8M
Tang Capital Management LLC 5.62% No change 2,454,797 $145.9M
Vanguard Group Inc. 0.00% Reduce -1.1% 2,272,090 $135.0M
Morgan Stanley 0.01% Reduce -7.0% 1,912,402 $113.7M
Janus Henderson Group PLC 0.04% Reduce -20.4% 1,438,999 $85.6M
Assenagon Asset Management S.A. 0.11% Add +25.1% 1,247,954 $74.2M
Frazier Life Sciences Management, L.P. 2.08% Reduce -16.5% 1,167,527 $69.4M
Driehaus Capital Management LLC 0.44% Add +17.6% 1,031,041 $61.3M
Lord, Abbett & Co. LLC 0.18% Reduce -1.0% 985,629 $58.6M
Geode Capital Management, LLC 0.00% Add +1.1% 944,496 $56.1M
Invesco Ltd. 0.01% Add +0.9% 937,006 $55.7M
State Street Corp. 0.00% Reduce -4.6% 936,162 $55.6M
Macquarie Group Ltd. 0.06% Reduce -12.2% 833,437 $49.5M
Toronto Dominion Bank 0.07% Reduce -38.4% 617,583 $36.7M
D. E. Shaw & Co. 0.03% Reduce -17.3% 598,307 $35.6M
Clearbridge Investments, LLC 0.03% Add +27.6% 566,978 $33.7M
Artisan Partners Limited Partnership 0.05% Add +3.5% 558,326 $33.2M
Bank of America Corp. 0.00% Add +15.0% 536,023 $31.9M
Qube Research & Technologies Ltd 0.04% Add +13.7% 522,276 $31.0M
Ensign Peak Advisors, Inc 0.05% Reduce -1.0% 482,364 $28.7M
T. Rowe Price Associates Inc. 0.00% Add +18.0% 452,857 $26.9M
Loomis Sayles & Co. L P 0.03% New 389,901 $23.2M
Northern Trust Corp. 0.00% Add +0.3% 358,102 $21.3M
MPM Bioimpact LLC 3.32% No change 341,496 $20.3M
Goldman Sachs Group Inc. 0.00% Reduce -14.3% 341,012 $20.3M
Charles Schwab Investment Management Inc. 0.00% Add +1.1% 332,912 $19.8M
Nuveen, LLC 0.01% Reduce -1.9% 330,680 $19.7M
Cormorant Asset Management, LP 1.23% No change 300,000 $17.8M
Rock Springs Capital Management LP 1.01% Reduce -22.9% 288,344 $17.1M
TimesSquare Capital Management, LLC 0.23% New 267,505 $15.9M
Jump Financial, LLC 0.21% Add +12.2% 266,005 $15.8M
Integral Health Asset Management, LLC 1.08% Add +25.0% 250,000 $14.9M
Capricorn Fund Managers Ltd 4.79% New 240,020 $14.3M
BNP Paribas Financial Markets 0.01% Add +34.1% 204,300 $12.1M
Orbimed Advisors LLC 0.28% No change 197,900 $11.8M
Deutsche Bank AG 0.00% Add +80.2% 184,450 $11.0M
Sands Capital Alternatives, LLC 2.21% No change 170,000 $10.1M
Russell Investments Group, Ltd. 0.01% Add +2.1% 148,329 $8.8M
Canada Pension Plan Investment Board 0.01% Add +1444.7% 131,300 $7.8M
Tetragon Partners GP Ltd 1.79% Reduce -50.0% 125,000 $7.4M
Affinity Asset Advisors, LLC 0.71% New 125,000 $7.4M
Allspring Global Investments Holdings, LLC 0.01% Reduce -2.9% 128,737 $7.4M
Mutual of America Capital Management LLC 0.08% Reduce -8.0% 122,341 $7.3M
Tri Locum Partners LP 1.63% Reduce -32.9% 119,260 $7.1M
UBS Group AG 0.00% Add +315.9% 118,562 $7.0M
Jefferies Financial Group Inc. 0.06% Reduce -30.6% 113,069 $6.7M
Bank of New York Mellon Corp 0.00% Add +2.4% 109,376 $6.5M
Connor, Clark & Lunn Investment Management Ltd. 0.02% Add +71.6% 103,811 $6.2M
Capitolis Liquid Global Markets LLC 0.05% Reduce -57.6% 102,600 $6.1M
Millennium Management 0.00% Add +73.0% 100,568 $6.0M
Woodline Partners LP 0.03% Add +0.0% 100,154 $6.0M
Healthcare of Ontario Pension Plan Trust Fund 0.01% New 100,000 $5.9M
Wells Fargo & Company 0.00% Reduce -22.2% 98,751 $5.9M
Barclays PLC 0.00% Reduce -27.8% 92,126 $5.5M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% Add +77.0% 91,590 $5.4M
Dimensional Fund Advisors LP 0.00% Reduce -1.1% 91,171 $5.4M
Squarepoint Ops LLC 0.01% Reduce -20.6% 81,479 $4.8M
JPMorgan Chase & Co. 0.00% Reduce -45.1% 77,190 $4.6M
Cubist Systematic Strategies, LLC 0.06% New 73,955 $4.4M
Ikarian Capital, LLC 0.89% Reduce -62.5% 73,619 $4.4M
Pictet Asset Management Holding SA 0.00% Reduce -8.2% 73,647 $4.3M
Ally Bridge Group (NY) LLC 3.52% Reduce -41.6% 70,778 $4.2M
Commonwealth Equity Services, LLC 0.01% Reduce -16.1% 66,954 $4.0M
PDT Partners, LLC 0.24% No change 63,026 $3.7M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -27.5% 62,603 $3.7M
Swiss National Bank 0.00% Reduce -3.8% 61,133 $3.6M
Jane Street Group, LLC 0.00% New 60,620 $3.6M
Voloridge Investment Management, LLC 0.01% Add +0.4% 58,827 $3.5M
Rhumbline Advisers 0.00% Reduce -1.9% 56,523 $3.4M
Manufacturers Life Insurance Company, The 0.00% Add +1.8% 53,999 $3.2M
Baird Financial Group, Inc. 0.01% Reduce -12.7% 53,878 $3.2M
TD Asset Management Inc 0.00% Add +21.7% 52,692 $3.1M
First Trust Advisors LP 0.00% Reduce -50.6% 51,897 $3.1M
Aberdeen Group plc 0.00% Reduce -16.1% 51,678 $3.1M
Raymond James Financial Inc. 0.00% Add +10.3% 49,339 $2.9M
New York State Common Retirement Fund 0.00% Add +13.0% 48,607 $2.9M
J. Goldman & Co LP 0.10% Reduce -87.8% 44,300 $2.6M
Citadel Advisors 0.00% Reduce -81.1% 43,281 $2.6M
Lisanti Capital Growth, LLC 0.63% Reduce -43.0% 43,011 $2.6M
Renaissance Technologies 0.00% New 41,600 $2.5M
Alliancebernstein L.P. 0.00% Add +4.9% 40,954 $2.4M
Citigroup Inc. 0.00% Add +78.1% 40,591 $2.4M
E. Ohman J:or Asset Management AB 0.05% Reduce -6.6% 38,323 $2.3M
Los Angeles Capital Management LLC 0.01% Add +57.7% 37,102 $2.2M
AQR Capital Management 0.00% Reduce -30.8% 37,095 $2.2M
Voya Investment Management LLC 0.00% Reduce -11.4% 31,995 $1.9M
Sei Investments Co. 0.00% Add +5.1% 31,580 $1.9M
State of Wisconsin Investment Board 0.00% Add +31.7% 31,580 $1.9M
Hussman Strategic Advisors, Inc. 0.41% New 31,500 $1.9M
Legal & General Group Plc 0.00% Reduce -11.6% 31,311 $1.9M
California State Teachers Retirement System 0.00% Add +19.0% 30,183 $1.8M
HighVista Strategies LLC 0.36% Add +112.8% 24,854 $1.5M
MetLife Investment Management, LLC 0.01% No change 23,095 $1.4M
Voleon Capital Management LP 0.03% New 22,983 $1.4M
Brevan Howard Capital Management LP 0.02% New 22,427 $1.3M
Franklin Resources Inc. 0.00% Add +3.6% 22,183 $1.3M
FMR LLC 0.00% Add +10.1% 21,861 $1.3M
Alps Advisors Inc. 0.01% Reduce -5.4% 21,452 $1.3M
Trexquant Investment LP 0.01% Reduce -78.9% 20,004 $1.2M
Sectoral Asset Management Inc. 0.68% Reduce -0.7% 18,405 $1.1M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -14.7% 18,127 $1.1M
Wellington Management Group LLP 0.00% Reduce -86.0% 17,349 $1.0M
LPL Financial LLC 0.00% Add +20.5% 17,277 $1.0M
Harbor Capital Advisors, Inc. 0.07% Reduce -35.8% 15,588 $926K
AlphaQuest LLC 0.06% Reduce -24.5% 15,575 $926K
Campbell & CO Investment Adviser LLC 0.07% Add +48.5% 15,261 $907K
Federated Hermes, Inc. 0.00% Reduce -72.3% 15,232 $905K
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -13.3% 15,050 $894K
RFG Advisory, LLC 0.02% New 14,941 $888K
Janney Montgomery Scott LLC 0.00% Reduce -12.2% 14,105 $838K
Intech Investment Management LLC 0.01% Reduce -20.1% 13,823 $822K
Gsa Capital Partners LLP 0.06% Reduce -41.4% 12,684 $754K
Capital Fund Management S.A. 0.01% New 12,593 $748K
Keybank National Association 0.00% Reduce -0.2% 12,383 $736K
Creative Planning 0.00% Add +3.3% 12,367 $735K
Boothbay Fund Management, LLC 0.02% Reduce -59.4% 12,117 $720K
Capstone Investment Advisors, LLC 0.01% New 11,501 $684K
Man Group plc 0.00% Reduce -58.6% 11,211 $666K
Police & Firemen's Retirement System of New Jersey 0.01% Add +28.5% 11,084 $659K
Virtus Investment Advisers, LLC 0.18% No change 10,852 $645K
STRS Ohio 0.00% Reduce -43.2% 10,500 $624K
Y-Intercept (Hong Kong) Ltd 0.01% New 10,474 $622K
OMERS ADMINISTRATION Corp 0.00% New 10,200 $606K
AlphaCore Capital LLC 0.02% Reduce -16.5% 10,100 $600K
Two Sigma Investments, LP 0.00% Reduce -47.5% 9,978 $593K
Walleye Capital LLC 0.01% Reduce -4.4% 9,483 $564K
Arizona State Retirement System 0.00% Reduce -3.7% 9,318 $554K
Envestnet Asset Management Inc. 0.00% Reduce -12.3% 9,085 $540K
Ameriprise Financial Inc. 0.00% Reduce -1.1% 8,643 $514K
Fox Run Management, L.L.C. 0.08% New 8,437 $501K
ProShare Advisors LLC 0.00% Reduce -13.8% 8,205 $488K
Legato Capital Management LLC 0.05% Reduce -47.4% 7,995 $475K
Teacher Retirement System of Texas 0.00% Reduce -13.7% 7,704 $458K
Ieq Capital, LLC 0.00% Reduce -0.2% 7,627 $453K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +31.9% 7,591 $451K
State Board of Administration of Florida Retirement System 0.00% No change 7,450 $443K
China Universal Asset Management Co., Ltd. 0.04% Reduce -12.3% 7,400 $440K
Inceptionr LLC 0.10% New 7,218 $429K
Pale Fire Capital SE 0.05% New 7,075 $420K
KLP Kapitalforvaltning As 0.00% No change 6,900 $410K
Leonteq Securities AG 0.02% New 6,500 $386K
Engineers Gate Manager LP 0.00% Reduce -50.2% 6,380 $379K
SG Americas Securities, LLC 0.00% Reduce -81.8% 6,179 $367K
Profund Advisors LLC 0.01% Reduce -35.1% 6,148 $365K
Quarry LP 0.10% Add +103.3% 6,100 $363K
Nations Financial Group Inc, /Ia/ 0.02% No change 6,000 $357K
Prudential Financial Inc. 0.00% Reduce -97.0% 5,560 $330K
Valmark Advisers, Inc. 0.00% No change 5,500 $327K
Atom Investors LP 0.02% Reduce -37.5% 5,494 $327K
Dark Forest Capital Management LP 0.01% Reduce -54.2% 5,062 $301K
Baader Bank Aktiengesellschaft 0.02% New 5,000 $297K
XTX Topco Ltd 0.02% Reduce -11.4% 4,972 $295K
Quantbot Technologies LP 0.01% Reduce -88.3% 4,733 $281K
Victory Capital Management Inc. 0.00% Reduce -92.9% 4,443 $264K
West Wealth Group, LLC 0.06% New 3,400 $255K
CIBC Bancorp USA Inc. 0.00% — 4,175 $248K
Oppenheimer & Co. Inc. 0.00% New 4,150 $247K
Rafferty Asset Management, LLC 0.00% Reduce -31.0% 3,980 $237K
Allianz Asset Management GmbH 0.00% Reduce -33.9% 3,700 $220K
HighTower Advisors, LLC 0.00% New 3,689 $219K
M&T Bank Corp 0.00% New 3,695 $219K
Point72 (DIFC) Ltd 0.02% New 3,663 $218K
HSBC Holdings PLC 0.00% Reduce -33.7% 3,521 $210K
Valeo Financial Advisors, LLC 0.00% New 3,523 $209K
Royal Bank of Canada 0.00% Reduce -98.2% 3,403 $202K
Ameritas Investment Partners, Inc. 0.01% Reduce -15.0% 3,272 $194K
Osaic Holdings, Inc. 0.00% Reduce -7.2% 2,578 $151K
1620 Investment Advisors, Inc. 0.07% Reduce -1.4% 1,810 $108K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +0.6% 1,632 $97K
Simplex Trading, LLC 0.00% New 1,594 $94K
KBC Group NV 0.00% New 1,296 $77K
Amalgamated Bank 0.00% No change 1,274 $76K
Group One Trading LLC 0.00% Add +636.1% 1,163 $69K
Rockefeller Capital Management L.P. 0.00% New 1,111 $66K
GF Fund Management Co. LTD. 0.00% Reduce -7.2% 908 $54K
Tower Research Capital LLC (TRC) 0.00% Reduce -87.1% 520 $31K
Nisa Investment Advisors, LLC 0.00% No change 457 $27K
Crowley Wealth Management, Inc. 0.02% No change 450 $27K
Truvestments Capital LLC 0.00% Add +23.2% 441 $26K
PNC Financial Services Group, Inc. 0.00% Add +244.9% 438 $26K
Cwm, LLC 0.00% Add +60.5% 390 $23K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Reduce -3.8% 302 $18K
MAI Capital Management 0.00% No change 285 $17K
Jones Financial Companies LLLP 0.00% Add +751.4% 298 $17K
Optiver Holding B.V. 0.00% Add +2.9% 280 $17K
GAMMA Investing LLC 0.00% Add +265.2% 252 $15K
Spire Wealth Management 0.00% No change 227 $13K
Comerica Bank 0.00% Add +48.5% 150 $9K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -24.4% 136 $8K
Daiwa Securities Group Inc. 0.00% No change 137 $8K
Private Trust Co. NA 0.00% No change 108 $6K
Sterling Capital Management LLC 0.00% Add +1.1% 95 $6K
US Bancorp \de 0.00% Add +10.7% 83 $5K
Steward Partners Investment Advisory, LLC 0.00% New 72 $4K
Parallel Advisors, LLC 0.00% Add +29.2% 62 $4K
Rothschild Investment LLC 0.00% No change 60 $4K
EverSource Wealth Advisors, LLC 0.00% Reduce -14.5% 59 $4K
Global Retirement Partners, LLC 0.00% Add +12.5% 54 $3K
SBI Securities Co., Ltd. 0.00% Add +5200.0% 53 $3K
Covestor Ltd 0.00% Add +23.7% 47 $3K
Bessemer Group Inc. 0.00% New 48 $3K
Arax Advisory Partners 0.00% New 46 $3K
Allworth Financial LP 0.00% Add +37.5% 33 $2K
Smartleaf Asset Management LLC 0.00% No change 27 $2K
Essential Partners LLC 0.00% Add +766.7% 26 $2K
Farther Finance Advisors, LLC 0.00% Add +83.3% 22 $1K
Parkside Financial Bank & Trust 0.00% Add +1500.0% 16 $951
Assetmark, Inc. 0.00% No change 14 $832
True Wealth Design, LLC 0.00% Add +57.1% 11 $654
Bell Investment Advisors, Inc 0.00% No change 11 $654
Catherine Avery Investment Management LLC 0.00% Reduce -50.0% 10 $594
Quadrant Capital Group LLC 0.00% New 6 $357
Versant Capital Management, Inc 0.00% New 3 $178
Turning Point Benefit Group, Inc. 0.00% New 2 $114
Huntington National Bank 0.00% No change 1 $59
IFP Advisors, Inc 0.00% Reduce -97.9% 1 $59

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