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Arcutis Biotherapeutics, Inc.

ARQT
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001787306

In the last 90 days, Arcutis Biotherapeutics, Inc. insiders filed 0 open-market purchases and 12 sales; 272 institutions reported holding it in 13F filings for Q2 2026, worth $3.45B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Arcutis Biotherapeutics, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
239
+14 vs. Q2 2025
Shares held
125.8M
−1.06M (−0.8%) vs. Q2 2025
Total value
$2.37B
+$592.2M (+33.3%) vs. Q2 2025
New holders
34
88 more added
Sold out
20
83 more reduced

5 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ARQT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 239 institutions
Q1 2021: 94 institutionsQ2 2021: 102 institutionsQ3 2021: 103 institutionsQ4 2021: 93 institutionsQ1 2022: 106 institutionsQ2 2022: 115 institutionsQ3 2022: 139 institutionsQ4 2022: 141 institutionsQ1 2023: 144 institutionsQ2 2023: 136 institutionsQ3 2023: 134 institutionsQ4 2023: 133 institutionsQ1 2024: 168 institutionsQ2 2024: 186 institutionsQ3 2024: 188 institutionsQ4 2024: 208 institutionsQ1 2025: 241 institutionsQ2 2025: 230 institutionsQ3 2025: 239 institutionsQ4 2025: 283 institutionsQ1 2026: 270 institutionsQ2 2026: 272 institutions
Value heldQ3 2025: $2.37B
Q1 2021: $1.35BQ2 2021: $1.24BQ3 2021: $1.09BQ4 2021: $961.8MQ1 2022: $929.8MQ2 2022: $1.05BQ3 2022: $1.13BQ4 2022: $979.6MQ1 2023: $787.6MQ2 2023: $684.0MQ3 2023: $356.7MQ4 2023: $327.1MQ1 2024: $1.24BQ2 2024: $1.18BQ3 2024: $1.20BQ4 2024: $1.79BQ1 2025: $1.97BQ2 2025: $1.78BQ3 2025: $2.37BQ4 2025: $3.75BQ1 2026: $3.12BQ2 2026: $3.45B
Institutions holding ARQT and their total value by quarter
QuarterHoldersValue
Q2 2026272$3.45B
Q1 2026270$3.12B
Q4 2025283$3.75B
Q3 2025239$2.37B
Q2 2025230$1.78B
Q1 2025241$1.97B
Q4 2024208$1.79B
Q3 2024188$1.20B
Q2 2024186$1.18B
Q1 2024168$1.24B
Q4 2023133$327.1M
Q3 2023134$356.7M
Q2 2023136$684.0M
Q1 2023144$787.6M
Q4 2022141$979.6M
Q3 2022139$1.13B
Q2 2022115$1.05B
Q1 2022106$929.8M
Q4 202193$961.8M
Q3 2021103$1.09B
Q2 2021102$1.24B
Q1 202194$1.35B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Arcutis Biotherapeutics, Inc.; share changes are against Q2 2025.

Institutions holding ARQT in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Jennison Associates LLC12,254,119$231.0M0.13%+1,144,714+10.3%Added
Rubric Capital Management LP10,749,457$202.6M2.72%00.0%Unchanged
Suvretta Capital Management, LLC10,478,000$197.5M5.99%−1,057,582−9.2%Reduced
Frazier Life Sciences Management, L.P.9,874,511$186.1M5.58%00.0%Unchanged
BlackRock, Inc.8,573,995$161.6M0.00%+41,234+0.5%Added
Vanguard Group Inc7,146,090$134.7M0.00%+96,991+1.4%Added
Polar Capital Holdings Plc5,298,754$99.9M0.48%+292,279+5.8%Added
State Street Corp4,641,315$87.5M0.00%+114,378+2.5%Added
Gilder Gagnon Howe & Co LLC4,429,108$83.5M0.85%+273,345+6.6%Added
Morgan Stanley4,276,394$80.6M0.00%−38,136−0.9%Reduced
UBS Group AG2,948,438$55.6M0.01%+10,499+0.4%Added
Geode Capital Management, LLC2,606,465$49.1M0.00%+23,898+0.9%Added
Janus Henderson Group PLC2,398,031$45.2M0.02%+134,071+5.9%Added
Franklin Resources Inc2,311,019$43.6M0.01%−421,758−15.4%Reduced
Pivotal bioVenture Partners Investment Advisor LLC2,120,508$40.0M23.11%00.0%Unchanged
D. E. Shaw & Co., Inc.2,118,713$39.9M0.03%−44,288−2.0%Reduced
Perpetual Ltd2,024,606$38.2M0.47%+1,998,086+7,534.3%Added
Ensign Peak Advisors, Inc1,993,055$37.6M0.06%−8,384−0.4%Reduced
Goldman Sachs Group Inc1,804,988$34.0M0.00%−85,258−4.5%Reduced
American Century Companies Inc1,662,470$31.3M0.02%−61,837−3.6%Reduced
Nuveen, LLC1,370,356$25.8M0.01%+604,777+79.0%Added
GW&K Investment Management, LLC1,172,041$22.1M0.20%−206,391−15.0%Reduced
Driehaus Capital Management LLC1,097,004$20.7M0.15%+11,050+1.0%Added
Charles Schwab Investment Management Inc999,434$18.8M0.00%+34,368+3.6%Added
Northern Trust Corp940,202$17.7M0.00%+11,514+1.2%Added
Bank of America Corp889,285$16.8M0.00%−313,228−26.0%Reduced
Voloridge Investment Management, LLC833,490$15.7M0.05%+833,490New
Qube Research & Technologies Ltd814,567$15.4M0.02%+237,074+41.1%Added
Candriam Luxembourg S.C.A.778,044$14.7M0.08%−12,391−1.6%Reduced
Cormorant Asset Management, LP775,000$14.6M1.01%−225,000−22.5%Reduced
Federated Hermes, Inc.759,573$14.3M0.03%+22,204+3.0%Added
Standard Life Aberdeen plc675,034$12.7M0.02%00.0%Unchanged
Jupiter Asset Management Ltd659,331$12.4M0.11%+246,593+59.7%Added
Fishman Jay A Ltd565,650$10.7M0.91%+9,500+1.7%Added
Tejara Capital Ltd520,503$9.81M5.38%−352,878−40.4%Reduced
MYDA Advisors LLC470,000$8.86M2.66%+100,000+27.0%Added
AQR Capital Management LLC441,315$8.32M0.01%+66,082+17.6%Added
StemPoint Capital LP411,893$7.76M1.57%+206,221+100.3%Added
Deutsche Bank AG377,528$7.12M0.00%+10,113+2.8%Added
Jane Street Group, LLC360,770$6.80M0.01%+233,648+183.8%Added
PFM Health Sciences, LP360,460$6.79M0.58%−562,915−61.0%Reduced
J. Goldman & Co LP353,644$6.67M0.25%−506,616−58.9%Reduced
Jump Financial, LLC350,485$6.61M0.08%+335,923+2,306.8%Added
Barclays PLC325,968$6.14M0.00%−68,073−17.3%Reduced
Simplify Asset Management Inc.317,997$5.99M0.12%−91,435−22.3%Reduced
Woodline Partners LP314,619$5.93M0.03%+109,109+53.1%Added
Bank of New York Mellon Corp310,620$5.86M0.00%+5,362+1.8%Added
Privium Fund Management B.V.305,972$5.77M1.04%−38,500−11.2%Reduced
Lazard Asset Management LLC279,619$5.27M0.01%−106,392−27.6%Reduced
UBS Asset Management Americas Inc244,015$4.60M0.00%−160,721−39.7%Reduced
Ally Bridge Group (NY) LLC233,220$4.40M3.68%+233,220New
Algert Global LLC229,392$4.32M0.07%+130,637+132.3%Added
First Trust Advisors LP224,965$4.24M0.00%−116,556−34.1%Reduced
Avidity Partners Management LP214,400$4.04M0.92%−53,600−20.0%Reduced
Swiss National Bank207,900$3.92M0.00%+3,900+1.9%Added
Vestal Point Capital, LP200,000$3.77M0.17%+105,000+110.5%Added
Essex Investment Management Co LLC196,262$3.70M0.57%+6,751+3.6%Added
Invesco Ltd.192,952$3.64M0.00%+93,249+93.5%Added
Schonfeld Strategic Advisors LLC189,555$3.57M0.02%−330,729−63.6%Reduced
Royal Bank of Canada188,280$3.55M0.00%−75,529−28.6%Reduced
Rhumbline Advisers183,129$3.45M0.00%−2,970−1.6%Reduced
Citadel Advisors LLC177,268$3.34M0.00%+31,775+21.8%Added
FMR LLC167,974$3.17M0.00%+17,244+11.4%Added
Squarepoint Ops LLC159,847$3.01M0.01%−7,967−4.7%Reduced
PDT Partners, LLC154,108$2.90M0.18%−36,875−19.3%Reduced
Millennium Management LLC150,099$2.83M0.00%−760,742−83.5%Reduced
Rafferty Asset Management, LLC148,295$2.80M0.01%−6,056−3.9%Reduced
Jackson Creek Investment Advisors LLC135,819$2.56M0.74%−520.0%Reduced
State of Wisconsin Investment Board123,961$2.34M0.01%+34,082+37.9%Added
LPL Financial LLC116,924$2.20M0.00%−4,693−3.9%Reduced
Alliancebernstein L.P.113,360$2.14M0.00%00.0%Unchanged
Eversept Partners, LP111,466$2.10M0.16%+111,466New
Legal & General Group Plc109,444$2.06M0.00%−2,159−1.9%Reduced
Phocas Financial Corp.106,307$2.00M0.26%+2,293+2.2%Added
Wells Fargo & Company105,257$1.98M0.00%−91,043−46.4%Reduced
California State Teachers Retirement System104,340$1.97M0.00%+6,658+6.8%Added
JPMorgan Chase & Co100,794$1.90M0.00%−447,995−81.6%Reduced
Ameriprise Financial Inc99,185$1.87M0.00%+141+0.1%Added
Ami Asset Management Corp96,091$1.81M0.10%−17,791−15.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.95,625$1.80M0.00%+29,389+44.4%Added
Two Sigma Investments, LP95,429$1.80M0.00%+23,748+33.1%Added
Price T Rowe Associates Inc87,802$1.66M0.00%+3,755+4.5%Added
Universal- Beteiligungs- und Servicegesellschaft mbH86,485$1.63M0.00%+86,485New
Stifel Financial Corp79,805$1.50M0.00%−10,386−11.5%Reduced
DekaBank Deutsche Girozentrale140,000$1.45M0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)76,181$1.44M0.00%+46,616+157.7%Added
Erste Asset Management GmbH73,100$1.36M0.01%00.0%Unchanged
Wesbanco Bank Inc71,700$1.35M0.04%−31,000−30.2%Reduced
Tudor Investment Corp Et Al69,980$1.32M0.01%+69,980New
Cubist Systematic Strategies, LLC66,080$1.25M0.02%+66,080New
Victory Capital Management Inc66,044$1.24M0.00%+34,180+107.3%Added
Colony Group, LLC65,196$1.24M0.00%+490+0.8%Added
Susquehanna International Group, LLP65,596$1.24M0.00%−195,391−74.9%Reduced
MetLife Investment Management64,485$1.22M0.01%00.0%Unchanged
Los Angeles Capital Management LLC63,025$1.19M0.00%+32,162+104.2%Added
Raymond James Financial Inc60,074$1.13M0.00%+6,451+12.0%Added
Legato Capital Management LLC56,717$1.07M0.12%00.0%Unchanged
Manufacturers Life Insurance Company, The56,023$1.06M0.00%−1,925−3.3%Reduced
Schroder Investment Management Group56,542$1.05M0.00%+56,542New
Intech Investment Management LLC50,610$954.0K0.01%−35,672−41.3%Reduced