Tarsus PharmaceuticalsTARS
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 246 institutions reported holding Tarsus Pharmaceuticals Inc. (TARS) in their 13F filings, up 26 from Q3 2025. 43 opened new positions and 22 sold out. The largest holders were BlackRock, Inc. ($310.4M), RTW Investments, LP ($273.1M) and Deep Track Capital, LP ($246.0M). 6 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 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
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 43 | $58.6M |
| Exits | 22 | $98.6M |
All 13F filers, Q3 2025 → Q4 2025: 4,077,343 shares bought and 5,732,057 shares sold, net −1,654,714 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 246 holders
| BlackRock, Inc. | 0.01% | Add +0.3% | 3,790,557 | $310.4M |
| RTW Investments, LP | 2.74% | Add +5.0% | 3,335,320 | $273.1M |
| Deep Track Capital, LP | 5.61% | Add +0.1% | 3,004,034 | $246.0M |
| Paradigm Biocapital Advisors LP | 5.62% | Reduce -3.9% | 2,562,154 | $209.8M |
| Vanguard Group Inc. | 0.00% | Add +5.6% | 2,399,560 | $196.5M |
| Jennison Associates LLC | 0.11% | Reduce -14.4% | 2,230,069 | $182.6M |
| Morgan Stanley | 0.01% | Add +6.7% | 2,040,742 | $167.1M |
| Janus Henderson Group PLC | 0.07% | Add +34.1% | 1,930,325 | $158.1M |
| Tang Capital Management LLC | 4.81% | Reduce -51.6% | 1,188,624 | $97.3M |
| Driehaus Capital Management LLC | 0.65% | Add +13.7% | 1,172,427 | $96.0M |
| Assenagon Asset Management S.A. | 0.14% | Reduce -9.6% | 1,127,730 | $92.3M |
| Invesco Ltd. | 0.01% | Add +8.0% | 1,012,357 | $82.9M |
| Geode Capital Management, LLC | 0.00% | Add +0.3% | 947,763 | $77.6M |
| State Street Corp. | 0.00% | Reduce -0.8% | 929,059 | $76.1M |
| Lord, Abbett & Co. LLC | 0.23% | Reduce -13.2% | 855,645 | $70.1M |
| Bank of America Corp. | 0.00% | Add +41.4% | 758,106 | $62.1M |
| Frazier Life Sciences Management, L.P. | 1.61% | Reduce -37.6% | 728,644 | $59.7M |
| FMR LLC | 0.00% | Add +2860.1% | 647,114 | $53.0M |
| D. E. Shaw & Co. | 0.04% | Add +2.8% | 615,156 | $50.4M |
| Nomura Asset Management International Inc. | 0.07% | — | 584,686 | $47.9M |
| T. Rowe Price Associates Inc. | 0.00% | Add +14.6% | 518,780 | $42.5M |
| Toronto Dominion Bank | 0.07% | Reduce -17.4% | 510,253 | $41.8M |
| Clearbridge Investments, LLC | 0.03% | Reduce -10.7% | 506,089 | $41.4M |
| Ensign Peak Advisors, Inc | 0.07% | Reduce -1.7% | 474,050 | $38.8M |
| Loomis Sayles & Co. L P | 0.04% | Add +13.3% | 441,873 | $36.2M |
| Artisan Partners Limited Partnership | 0.05% | Reduce -21.8% | 436,576 | $35.7M |
| Qube Research & Technologies Ltd | 0.05% | Reduce -23.2% | 401,241 | $32.9M |
| Goldman Sachs Group Inc. | 0.00% | Add +11.1% | 378,704 | $31.0M |
| BNP Paribas Financial Markets | 0.02% | Add +74.3% | 356,105 | $29.2M |
| Northern Trust Corp. | 0.00% | Reduce -4.4% | 342,486 | $28.0M |
| Franklin Resources Inc. | 0.01% | Add +1419.3% | 337,016 | $27.6M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +0.1% | 333,111 | $27.3M |
| TimesSquare Capital Management, LLC | 0.41% | Add +24.3% | 332,446 | $27.2M |
| MPM Bioimpact LLC | 3.08% | Reduce -3.7% | 328,869 | $26.9M |
| Nuveen, LLC | 0.01% | Reduce -2.5% | 322,527 | $26.4M |
| Rock Springs Capital Management LP | 1.10% | Reduce -9.7% | 260,344 | $21.3M |
| Cormorant Asset Management, LP | 1.16% | Reduce -16.7% | 250,000 | $20.5M |
| Integral Health Asset Management, LLC | 0.83% | Reduce -20.0% | 200,000 | $16.4M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.04% | Add +66.9% | 173,275 | $14.2M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.02% | Add +61.8% | 161,830 | $13.3M |
| Orbimed Advisors LLC | 0.26% | Reduce -22.0% | 154,400 | $12.6M |
| Russell Investments Group, Ltd. | 0.01% | Add +3.7% | 153,760 | $12.6M |
| Canada Pension Plan Investment Board | 0.01% | Add +15.1% | 151,100 | $12.4M |
| Allspring Global Investments Holdings, LLC | 0.02% | Add +1.3% | 130,380 | $10.5M |
| Jump Financial, LLC | 0.14% | Reduce -51.9% | 128,087 | $10.5M |
| Wells Fargo & Company | 0.00% | Add +20.6% | 119,058 | $9.7M |
| Jefferies Financial Group Inc. | 0.08% | Add +5.1% | 118,810 | $9.7M |
| Deutsche Bank AG | 0.00% | Reduce -35.9% | 118,229 | $9.7M |
| Norges Bank | 0.00% | — | 117,592 | $9.6M |
| Millennium Management | 0.01% | Add +16.3% | 117,004 | $9.6M |
| Mutual of America Capital Management LLC | 0.10% | Reduce -6.4% | 114,460 | $9.4M |
| First Trust Advisors LP | 0.01% | Add +115.4% | 111,770 | $9.2M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +19.9% | 109,857 | $9.0M |
| Bank of New York Mellon Corp | 0.00% | Reduce -1.5% | 107,760 | $8.8M |
| Woodline Partners LP | 0.03% | No change | 100,154 | $8.2M |
| Sands Capital Alternatives, LLC | 1.34% | Reduce -50.0% | 85,000 | $7.0M |
| Barclays PLC | 0.00% | Reduce -12.3% | 80,784 | $6.6M |
| Squadron Capital Management LLC | 2.92% | — | 80,000 | $6.6M |
| Voleon Capital Management LP | 0.14% | Add +236.7% | 77,375 | $6.3M |
| Informed Momentum Co LLC | 0.67% | New | 72,922 | $6.0M |
| Commonwealth Equity Services, LLC | 0.01% | Add +2.0% | 68,295 | $5.6M |
| UBS Group AG | 0.00% | Reduce -43.6% | 66,899 | $5.5M |
| GordonMD Global Investments LP | 3.91% | — | 66,680 | $5.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +6.0% | 66,335 | $5.4M |
| Lisanti Capital Growth, LLC | 1.25% | Add +49.6% | 64,341 | $5.3M |
| Renaissance Technologies | 0.01% | Add +54.1% | 64,100 | $5.2M |
| TD Asset Management Inc | 0.00% | Add +21.5% | 64,012 | $5.2M |
| PDT Partners, LLC | 0.33% | No change | 63,026 | $5.2M |
| Swiss National Bank | 0.00% | Add +2.1% | 62,433 | $5.1M |
| JPMorgan Chase & Co. | 0.00% | Reduce -26.6% | 56,646 | $4.6M |
| Manufacturers Life Insurance Company, The | 0.00% | Add +2.4% | 55,283 | $4.5M |
| Trexquant Investment LP | 0.04% | Add +172.7% | 54,546 | $4.5M |
| HighVista Strategies LLC | 1.13% | Add +115.5% | 53,564 | $4.4M |
| Citigroup Inc. | 0.00% | Add +28.0% | 51,971 | $4.3M |
| ExodusPoint Capital Management, LP | 0.05% | New | 51,487 | $4.2M |
| Public Sector Pension Investment Board | 0.01% | New | 50,000 | $4.1M |
| Federated Hermes, Inc. | 0.01% | Add +223.6% | 49,289 | $4.0M |
| Rhumbline Advisers | 0.00% | Reduce -16.7% | 47,080 | $3.9M |
| Baird Financial Group, Inc. | 0.01% | Reduce -12.9% | 46,928 | $3.8M |
| Algert Global LLC | 0.06% | New | 45,985 | $3.8M |
| Sei Investments Co. | 0.00% | Add +37.3% | 43,344 | $3.5M |
| New York State Common Retirement Fund | 0.00% | Reduce -11.2% | 43,155 | $3.5M |
| Caxton Associates LLP | 0.07% | New | 40,955 | $3.4M |
| Alliancebernstein L.P. | 0.00% | Reduce -0.7% | 40,654 | $3.3M |
| Walleye Capital LLC | 0.02% | Add +324.7% | 40,273 | $3.3M |
| F/m Investments LLC | 0.12% | New | 39,240 | $3.2M |
| Voya Investment Management LLC | 0.00% | Add +19.0% | 38,071 | $3.1M |
| Point72 Asset Management | 0.01% | New | 37,628 | $3.1M |
| Pictet Asset Management Holding SA | 0.00% | Reduce -49.0% | 37,578 | $3.1M |
| Silverarc Capital Management, LLC | 0.43% | New | 36,124 | $3.0M |
| Raymond James Financial Inc. | 0.00% | Reduce -27.8% | 35,649 | $2.9M |
| Alps Advisors Inc. | 0.02% | Add +62.0% | 34,755 | $2.8M |
| Calamos Advisors LLC | 0.02% | New | 34,442 | $2.8M |
| E. Ohman J:or Asset Management AB | 0.06% | Reduce -13.1% | 33,323 | $2.7M |
| State of Wisconsin Investment Board | 0.01% | Add +1.1% | 31,912 | $2.6M |
| Ikarian Capital, LLC | 0.33% | Reduce -57.7% | 31,166 | $2.6M |
| Legal & General Group Plc | 0.00% | Reduce -0.7% | 31,096 | $2.5M |
| California State Teachers Retirement System | 0.00% | Reduce -0.0% | 30,179 | $2.5M |
| Penserra Capital Management LLC | 0.03% | New | 29,430 | $2.4M |
| Cinctive Capital Management LP | 0.14% | New | 28,838 | $2.4M |
"% of holder's portfolio" is TARS's weight in each manager's 13F, not the share of Tarsus Pharmaceuticals Inc. the manager owns.