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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, Q4 2025

Institutional positions in Arcutis Biotherapeutics, Inc. as of Dec 31, 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
283
+49 vs. Q3 2025
Shares held
129.3M
+3.57M (+2.8%) vs. Q3 2025
Total value
$3.75B
+$1.38B (+58.4%) vs. Q3 2025
New holders
74
103 more added
Sold out
25
77 more reduced

5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 283 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 heldQ4 2025: $3.75B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Arcutis Biotherapeutics, Inc.; share changes are against Q3 2025.

Institutions holding ARQT in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Raymond James Financial Inc144,949$4.21M0.00%+84,875+141.3%Added
PDT Partners, LLC155,075$4.50M0.29%+967+0.6%Added
Citadel Advisors LLC155,158$4.51M0.00%−22,110−12.5%Reduced
Two Sigma Advisers, LP156,100$4.53M0.01%+141,000+933.8%Added
Rhumbline Advisers161,402$4.69M0.00%−21,727−11.9%Reduced
Walleye Capital LLC168,604$4.90M0.03%+147,902+714.4%Added
Rafferty Asset Management, LLC172,066$5.00M0.02%+23,771+16.0%Added
Norges Bank174,820$5.08M0.00%+174,820New
Voleon Capital Management LP176,600$5.13M0.11%+151,765+611.1%Added
Hillsdale Investment Management Inc.179,420$5.21M0.14%+179,420New
Woodline Partners LP195,033$5.66M0.02%−119,586−38.0%Reduced
Nordea Investment Management AB201,638$5.85M0.01%+201,638New
Pavaki Capital Management LLC202,000$5.87M4.10%+202,000New
FMR LLC205,424$5.97M0.00%+37,450+22.3%Added
Patient Square Capital LP210,000$6.10M1.31%+210,000New
Swiss National Bank212,800$6.18M0.00%+4,900+2.4%Added
EAM Investors, LLC213,863$6.21M0.69%+213,863New
Jane Street Group, LLC221,426$6.43M0.01%−139,344−38.6%Reduced
StemPoint Capital LP224,740$6.53M1.12%−187,153−45.4%Reduced
UBS Asset Management Americas Inc231,734$6.73M0.00%−12,281−5.0%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH234,071$6.80M0.01%+147,586+170.6%Added
Prudential Financial Inc234,915$6.82M0.01%+220,980+1,585.8%Added
Millennium Management LLC236,770$6.88M0.00%+86,671+57.7%Added
MYDA Advisors LLC265,000$7.70M2.17%−205,000−43.6%Reduced
Renaissance Technologies LLC273,999$7.96M0.01%+273,999New
Wells Fargo & Company284,243$8.25M0.00%+178,986+170.0%Added
Bank of New York Mellon Corp304,428$8.84M0.00%−6,192−2.0%Reduced
Privium Fund Management B.V.305,972$8.89M1.64%00.0%Unchanged
Invesco Ltd.307,382$8.93M0.00%+114,430+59.3%Added
Castleark Management LLC309,430$8.99M0.26%+309,430New
Jupiter Asset Management Ltd326,538$9.48M0.08%−332,793−50.5%Reduced
Barclays PLC331,578$9.63M0.00%+5,610+1.7%Added
Two Sigma Investments, LP400,862$11.6M0.02%+305,433+320.1%Added
First Trust Advisors LP404,654$11.8M0.01%+179,689+79.9%Added
Zevenbergen Capital Investments LLC418,035$12.1M0.27%+418,035New
Point72 Asset Management, L.P.425,152$12.3M0.02%+425,152New
Jump Financial, LLC430,902$12.5M0.16%+80,417+22.9%Added
Eversept Partners, LP434,634$12.6M0.71%+323,168+289.9%Added
Marshall Wace, LLP454,233$13.2M0.01%+435,933+2,382.1%Added
Squarepoint Ops LLC455,876$13.2M0.03%+296,029+185.2%Added
AQR Capital Management LLC499,418$14.5M0.01%+58,103+13.2%Added
Cormorant Asset Management, LP500,000$14.5M0.82%−275,000−35.5%Reduced
Capitolis Liquid Global Markets LLC500,000$14.5M0.09%+500,000New
Bamco Inc504,700$14.7M0.04%+504,700New
MPM Oncology Impact Management LP531,200$15.4M1.77%+531,200New
Fishman Jay A Ltd564,650$16.4M1.35%−1,000−0.2%Reduced
Standard Life Aberdeen plc586,397$17.0M0.03%−88,637−13.1%Reduced
Nearwater Capital Markets, Ltd615,000$17.9M0.31%+615,000New
Qube Research & Technologies Ltd661,415$19.2M0.03%−153,152−18.8%Reduced
BNP Paribas Arbitrage, SA699,803$20.3M0.01%+653,657+1,416.5%Added
Candriam Luxembourg S.C.A.803,138$23.3M0.12%+25,094+3.2%Added
Oberweis Asset Management Inc808,400$23.5M0.86%+808,400New
Federated Hermes, Inc.891,767$25.9M0.04%+132,194+17.4%Added
Healthcare of Ontario Pension Plan Trust Fund900,000$26.1M0.04%+900,000New
Perpetual Ltd910,630$26.4M0.38%−1,113,976−55.0%Reduced
Voloridge Investment Management, LLC914,020$26.5M0.09%+80,530+9.7%Added
Deutsche Bank AG930,202$27.0M0.01%+552,674+146.4%Added
Northern Trust Corp955,235$27.7M0.00%+15,033+1.6%Added
GW&K Investment Management, LLC1,008,580$29.3M0.25%−163,461−13.9%Reduced
Charles Schwab Investment Management Inc1,014,826$29.5M0.00%+15,392+1.5%Added
Price T Rowe Associates Inc1,166,348$33.9M0.00%+1,078,546+1,228.4%Added
Pivotal bioVenture Partners Investment Advisor LLC1,366,624$39.7M15.34%−753,884−35.6%Reduced
Nuveen, LLC1,382,160$40.1M0.01%+11,804+0.9%Added
American Century Companies Inc1,467,176$42.6M0.02%−195,294−11.7%Reduced
Goldman Sachs Group Inc1,576,413$45.8M0.01%−228,575−12.7%Reduced
Bank of America Corp1,673,454$48.6M0.00%+784,169+88.2%Added
Janus Henderson Group PLC1,830,061$53.2M0.02%−567,970−23.7%Reduced
Franklin Resources Inc1,900,084$55.2M0.01%−410,935−17.8%Reduced
Ensign Peak Advisors, Inc1,902,390$55.2M0.10%−90,665−4.5%Reduced
Driehaus Capital Management LLC2,562,445$74.4M0.51%+1,465,441+133.6%Added
D. E. Shaw & Co., Inc.2,683,087$77.9M0.06%+564,374+26.6%Added
Geode Capital Management, LLC2,753,307$80.0M0.00%+146,842+5.6%Added
UBS Group AG3,243,432$94.2M0.02%+294,994+10.0%Added
Morgan Stanley4,340,239$126.0M0.01%+63,845+1.5%Added
Gilder Gagnon Howe & Co LLC4,453,856$129.3M1.37%+24,748+0.6%Added
State Street Corp5,488,301$159.4M0.01%+846,986+18.2%Added
Polar Capital Holdings Plc5,556,169$161.4M0.74%+257,415+4.9%Added
Jennison Associates LLC6,758,006$196.3M0.12%−5,496,113−44.9%Reduced
Vanguard Group Inc7,253,936$210.7M0.00%+107,846+1.5%Added
Rubric Capital Management LP8,271,577$240.2M2.87%−2,477,880−23.1%Reduced
BlackRock, Inc.9,099,579$264.3M0.00%+525,584+6.1%Added
Frazier Life Sciences Management, L.P.9,874,511$286.8M7.70%00.0%Unchanged
Suvretta Capital Management, LLC11,964,000$347.4M8.66%+1,486,000+14.2%Added
Tejara Capital Ltd0$00.00%−520,503−100.0%Sold out
PFM Health Sciences, LP0$00.00%−360,460−100.0%Sold out
J. Goldman & Co LP0$00.00%−353,644−100.0%Sold out
Simplify Asset Management Inc.0$00.00%−317,997−100.0%Sold out
Ally Bridge Group (NY) LLC0$00.00%−233,220−100.0%Sold out
Avidity Partners Management LP0$00.00%−214,400−100.0%Sold out
Vestal Point Capital, LP0$00.00%−200,000−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−189,555−100.0%Sold out
Stifel Financial Corp0$00.00%−79,805−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−39,879−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−37,869−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−35,278−100.0%Sold out
Diametric Capital, LP0$00.00%−31,477−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−25,201−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−24,000−100.0%Sold out
Trexquant Investment LP0$00.00%−21,590−100.0%Sold out
Omers Administration Corp0$00.00%−21,200−100.0%Sold out