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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
Two Sigma Investments, LP0$00.00%−72,177−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−67,212−100.0%Sold out
CastleKnight Management LP0$00.00%−65,300−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−60,525−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−53,402−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−50,940−100.0%Sold out
Walleye Capital LLC0$00.00%−36,862−100.0%Sold out
Squarepoint Ops LLC0$00.00%−35,856−100.0%Sold out
DRW Securities, LLC0$00.00%−35,742−100.0%Sold out
Caption Management, LLC0$00.00%−29,812−100.0%Sold out
Prudential Financial Inc0$00.00%−27,600−100.0%Sold out
Allianz Asset Management GmbH0$00.00%−26,000−100.0%Sold out
Susquehanna Portfolio Strategies, LLC0$00.00%−14,370−100.0%Sold out
American Capital Advisory, LLC0$00.00%−13,570−100.0%Sold out
Teacher Retirement System of Texas0$00.00%−10,825−100.0%Sold out
Quantbot Technologies LP0$00.00%−8,126−100.0%Sold out
Affinity Asset Advisors, LLC0$00.00%−2,500−100.0%Sold out
Future Financial Wealth Managment LLC0$00.00%−2,200−100.0%Sold out
Park Circle Co0$00.00%−2,000−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−1,687−100.0%Sold out
JPL Wealth Management, LLC0$00.00%−55−100.0%Sold out
Parkside Financial Bank & Trust0$00.00%−45−100.0%Sold out
Advisory Services Network, LLC0$00.00%−27−100.0%Sold out
Principal Securities, Inc.0$00.00%−17−100.0%Sold out
Wolverine Trading, LLC––––Not filed
Amica Retiree Medical Trust––––Not filed