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ARS Pharmaceuticals, Inc.

SPRY
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001671858

No open-market purchases or sales by ARS Pharmaceuticals, Inc. insiders were filed in the last 90 days; 208 institutions reported holding it in 13F filings for Q2 2026, worth $726.0M in total; Third Point is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in ARS Pharmaceuticals, 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
191
+5 vs. Q3 2025
Shares held
90.2M
+6.55M (+7.8%) vs. Q3 2025
Total value
$1.05B
+$209.9M (+25.0%) vs. Q3 2025
New holders
38
58 more added
Sold out
33
55 more reduced

2 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 SPRY 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: 191 institutions
Q1 2021: 68 institutionsQ2 2021: 76 institutionsQ3 2021: 74 institutionsQ4 2021: 72 institutionsQ1 2022: 70 institutionsQ2 2022: 64 institutionsQ3 2022: 61 institutionsQ4 2022: 73 institutionsQ1 2023: 90 institutionsQ2 2023: 92 institutionsQ3 2023: 97 institutionsQ4 2023: 100 institutionsQ1 2024: 113 institutionsQ2 2024: 115 institutionsQ3 2024: 151 institutionsQ4 2024: 166 institutionsQ1 2025: 184 institutionsQ2 2025: 188 institutionsQ3 2025: 188 institutionsQ4 2025: 191 institutionsQ1 2026: 203 institutionsQ2 2026: 208 institutions
Value heldQ4 2025: $1.05B
Q1 2021: $1.21BQ2 2021: $864.6MQ3 2021: $288.4MQ4 2021: $200.5MQ1 2022: $94.7MQ2 2022: $110.5MQ3 2022: $160.4MQ4 2022: $427.9MQ1 2023: $347.7MQ2 2023: $369.0MQ3 2023: $251.6MQ4 2023: $358.5MQ1 2024: $612.1MQ2 2024: $533.0MQ3 2024: $928.4MQ4 2024: $752.3MQ1 2025: $958.9MQ2 2025: $1.48BQ3 2025: $840.4MQ4 2025: $1.05BQ1 2026: $757.5MQ2 2026: $726.0M
Institutions holding SPRY and their total value by quarter
QuarterHoldersValue
Q2 2026208$726.0M
Q1 2026203$757.5M
Q4 2025191$1.05B
Q3 2025188$840.4M
Q2 2025188$1.48B
Q1 2025184$958.9M
Q4 2024166$752.3M
Q3 2024151$928.4M
Q2 2024115$533.0M
Q1 2024113$612.1M
Q4 2023100$358.5M
Q3 202397$251.6M
Q2 202392$369.0M
Q1 202390$347.7M
Q4 202273$427.9M
Q3 202261$160.4M
Q2 202264$110.5M
Q1 202270$94.7M
Q4 202172$200.5M
Q3 202174$288.4M
Q2 202176$864.6M
Q1 202168$1.21B

Institutions, Q4 2025

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

Institutions holding SPRY in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Voya Investment Management LLC34,128$397.6K0.00%−80,725−70.3%Reduced
MetLife Investment Management34,338$400.0K0.00%00.0%Unchanged
Aquatic Capital Management LLC36,037$419.8K0.01%−69,714−65.9%Reduced
XTX Topco Ltd37,201$433.4K0.01%−106,435−74.1%Reduced
Invesco Ltd.37,230$433.7K0.00%−2,879−7.2%Reduced
Fox Run Management, L.L.C.38,587$449.5K0.07%+38,587New
Profund Advisors LLC42,808$498.7K0.02%+16,478+62.6%Added
Los Angeles Capital Management LLC65,746$566.7K0.00%+65,746New
Deutsche Bank AG48,727$567.7K0.00%+6,776+16.2%Added
Schulhoff & Co Inc51,150$595.9K0.25%+7,650+17.6%Added
Permanent Capital Management, LP52,306$609.4K0.12%−1,035−1.9%Reduced
Quantinno Capital Management LP53,113$618.8K0.00%+12,641+31.2%Added
Coastal Bridge Advisors, LLC53,830$627.1K0.05%−37,845−41.3%Reduced
California State Teachers Retirement System54,098$630.2K0.00%+9,710+21.9%Added
American Assets Inc55,000$640.8K0.20%00.0%Unchanged
Matisse Capital55,561$647.3K0.29%−2,230−3.9%Reduced
Legal & General Group Plc58,368$680.0K0.00%+3,125+5.7%Added
Alliancebernstein L.P.60,120$700.4K0.00%−2,581,991−97.7%Reduced
HRT Financial LP68,645$799.0K0.00%+68,645New
Rhumbline Advisers73,293$853.9K0.00%−7,911−9.7%Reduced
Wells Fargo & Company74,256$865.1K0.00%+414+0.6%Added
SEI Investments Co74,807$871.5K0.00%+26,695+55.5%Added
AssuredPartners Investment Advisors, LLC75,779$882.8K0.13%+17,994+31.1%Added
SG Americas Securities, LLC76,203$888.0K0.00%+66,098+654.1%Added
Marshall Wace, LLP79,214$922.8K0.00%−118,106−59.9%Reduced
Alps Advisors Inc81,168$945.6K0.01%+31,568+63.6%Added
Valley Forge Investment Consultants Inc Adv83,225$969.6K0.28%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.87,161$1.01M0.00%00.0%Unchanged
Sit Investment Associates Inc92,875$1.08M0.02%+18,350+24.6%Added
Swiss National Bank107,200$1.25M0.00%+22,900+27.2%Added
Legato Capital Management LLC109,095$1.27M0.11%+69,685+176.8%Added
Principal Financial Group Inc112,766$1.31M0.00%+35,882+46.7%Added
Rafferty Asset Management, LLC115,564$1.35M0.00%−6,846−5.6%Reduced
Knights of Columbus Asset Advisors LLC130,729$1.52M0.09%−3,747−2.8%Reduced
Nuveen, LLC149,597$1.74M0.00%00.0%Unchanged
Trexquant Investment LP150,100$1.75M0.02%−481,620−76.2%Reduced
Woodline Partners LP150,936$1.76M0.01%00.0%Unchanged
Quinn Opportunity Partners LLC155,000$1.81M0.08%+30,000+24.0%Added
Bank of New York Mellon Corp163,006$1.90M0.00%+8,402+5.4%Added
Wexford Capital LP165,313$1.93M0.50%−2,925−1.7%Reduced
Dimensional Fund Advisors LP176,122$2.05M0.00%−2,026−1.1%Reduced
DAFNA Capital Management LLC190,065$2.21M0.51%+49,565+35.3%Added
Barclays PLC196,387$2.29M0.00%−32,182−14.1%Reduced
Boothbay Fund Management, LLC201,474$2.35M0.06%+201,474New
Financial Advisory Service, Inc.202,407$2.36M0.15%+1,787+0.9%Added
Royce & Associates LP207,051$2.41M0.02%+207,051New
Steward Partners Investment Advisory, LLC216,296$2.52M0.01%+69,604+47.4%Added
Eversept Partners, LP251,593$2.93M0.16%−724,918−74.2%Reduced
Creek Drive Management Group LLC295,863$3.45M2.54%+295,863New
UBS Asset Management Americas Inc304,445$3.55M0.00%−30,703−9.2%Reduced
Investment Management Associates Inc311,503$3.63M1.01%+311,503New
Empire Life Investments Inc.352,602$4.11M0.23%−3,084−0.9%Reduced
ADAR1 Capital Management, LLC369,569$4.31M0.32%+310,339+524.0%Added
Lisanti Capital Growth, LLC396,509$4.62M1.09%+185,320+87.8%Added
FMR LLC398,959$4.65M0.00%−343,549−46.3%Reduced
JPMorgan Chase & Co417,090$4.86M0.00%+382,031+1,089.7%Added
Alyeska Investment Group, L.P.418,883$4.88M0.01%+28,791+7.4%Added
American Century Companies Inc455,766$5.31M0.00%+455,766New
Bank of America Corp482,084$5.62M0.00%+210,058+77.2%Added
Northern Trust Corp521,009$6.07M0.00%−10,494−2.0%Reduced
Charles Schwab Investment Management Inc550,932$6.42M0.00%+30,174+5.8%Added
Morgan Stanley552,364$6.44M0.00%−148,050−21.1%Reduced
Third Point LLCSuperinvestorThird Point556,237$6.48M0.09%+556,237New
General American Investors Co Inc559,959$6.52M0.41%+559,959New
Raymond James Financial Inc566,056$6.59M0.00%−190,291−25.2%Reduced
CenterBook Partners LP568,361$6.62M0.32%+55,994+10.9%Added
Bank of Montreal643,407$7.50M0.00%+643,407New
Nextech Invest, Ltd.660,703$7.70M0.74%00.0%Unchanged
Levin Capital Strategies, L.P.747,506$8.71M0.76%−16,788−2.2%Reduced
FIL Ltd810,073$9.44M0.01%+810,073New
Goldman Sachs Group Inc812,036$9.46M0.00%−513,703−38.7%Reduced
Pavaki Capital Management LLC1,172,000$13.7M9.53%+1,172,000New
Bamco Inc1,268,532$14.8M0.04%00.0%Unchanged
Janney Montgomery Scott LLC1,287,832$15.0M0.03%+74,812+6.2%Added
Southpoint Capital Advisors LP1,500,000$17.5M0.41%00.0%Unchanged
Geode Capital Management, LLC1,552,870$18.1M0.00%+47,253+3.1%Added
Casdin Capital, LLC1,600,000$18.6M1.16%00.0%Unchanged
Citadel Advisors LLC1,954,472$22.8M0.02%+368,439+23.2%Added
Tyro Capital Management LLC1,994,852$23.2M7.23%+1,994,852New
UBS Group AG2,210,866$25.8M0.01%+1,550,980+235.0%Added
Franklin Resources Inc2,543,097$29.6M0.01%+145,085+6.1%Added
Millennium Management LLC3,168,406$36.9M0.03%+3,168,406New
State Street Corp3,223,581$37.6M0.00%+328,325+11.3%Added
Vanguard Group Inc3,509,174$40.9M0.00%+8,871+0.3%Added
Standard Life Aberdeen plc3,556,049$41.4M0.06%+459,027+14.8%Added
Sr One Capital Management, LP4,012,903$46.8M6.62%00.0%Unchanged
BlackRock, Inc.5,085,317$59.2M0.00%+253,990+5.3%Added
Rubric Capital Management LP6,200,000$72.2M0.86%+1,700,000+37.8%Added
Deerfield Management Company, L.P. (Series C)7,503,812$87.4M1.12%00.0%Unchanged
OrbiMed Advisors LLC8,288,510$96.6M1.98%00.0%Unchanged
Ra Capital Management, L.P.10,860,977$126.5M1.30%00.0%Unchanged
MPM Oncology Impact Management LP0$00.00%−1,303,399−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−1,034,798−100.0%Sold out
First Trust Advisors LP0$00.00%−352,943−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−246,170−100.0%Sold out
Jane Street Group, LLC0$00.00%−242,037−100.0%Sold out
Victory Capital Management Inc0$00.00%−199,153−100.0%Sold out
Hussman Strategic Advisors, Inc.0$00.00%−147,000−100.0%Sold out
Epoch Investment Partners, Inc.0$00.00%−89,980−100.0%Sold out
Sculptor Capital LP0$00.00%−77,100−100.0%Sold out