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Tarsus Pharmaceuticals, Inc.

TARS
Exchange
Nasdaq
Industry
Biological Products, (No Diagnostic Substances)
SEC CIK
0001819790

In the last 90 days, Tarsus Pharmaceuticals, Inc. insiders filed 0 open-market purchases and 6 sales; 256 institutions reported holding it in 13F filings for Q2 2026, worth $2.98B in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Tarsus Pharmaceuticals, Inc. as of Mar 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
195
+3 vs. Q4 2024
Shares held
44.0M
+3.84M (+9.6%) vs. Q4 2024
Total value
$2.26B
+$37.1M (+1.7%) vs. Q4 2024
New holders
37
66 more added
Sold out
34
72 more reduced

3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TARS 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 holdersQ1 2025: 195 institutions
Q1 2021: 41 institutionsQ2 2021: 44 institutionsQ3 2021: 44 institutionsQ4 2021: 43 institutionsQ1 2022: 51 institutionsQ2 2022: 73 institutionsQ3 2022: 75 institutionsQ4 2022: 69 institutionsQ1 2023: 74 institutionsQ2 2023: 92 institutionsQ3 2023: 105 institutionsQ4 2023: 116 institutionsQ1 2024: 157 institutionsQ2 2024: 148 institutionsQ3 2024: 162 institutionsQ4 2024: 195 institutionsQ1 2025: 195 institutionsQ2 2025: 205 institutionsQ3 2025: 220 institutionsQ4 2025: 246 institutionsQ1 2026: 253 institutionsQ2 2026: 256 institutions
Value heldQ1 2025: $2.26B
Q1 2021: $410.4MQ2 2021: $378.5MQ3 2021: $277.4MQ4 2021: $294.2MQ1 2022: $222.2MQ2 2022: $291.7MQ3 2022: $350.8MQ4 2022: $301.0MQ1 2023: $252.1MQ2 2023: $387.3MQ3 2023: $529.4MQ4 2023: $652.0MQ1 2024: $1.43BQ2 2024: $1.09BQ3 2024: $1.43BQ4 2024: $2.23BQ1 2025: $2.26BQ2 2025: $1.87BQ3 2025: $2.67BQ4 2025: $3.61BQ1 2026: $3.17BQ2 2026: $2.98B
Institutions holding TARS and their total value by quarter
QuarterHoldersValue
Q2 2026256$2.98B
Q1 2026253$3.17B
Q4 2025246$3.61B
Q3 2025220$2.67B
Q2 2025205$1.87B
Q1 2025195$2.26B
Q4 2024195$2.23B
Q3 2024162$1.43B
Q2 2024148$1.09B
Q1 2024157$1.43B
Q4 2023116$652.0M
Q3 2023105$529.4M
Q2 202392$387.3M
Q1 202374$252.1M
Q4 202269$301.0M
Q3 202275$350.8M
Q2 202273$291.7M
Q1 202251$222.2M
Q4 202143$294.2M
Q3 202144$277.4M
Q2 202144$378.5M
Q1 202141$410.4M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Tarsus Pharmaceuticals, Inc.; share changes are against Q4 2024.

Institutions holding TARS in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
RTW Investments, LP3,316,032$170.3M2.61%+79,483+2.5%Added
BlackRock, Inc.3,153,728$162.0M0.00%−385,117−10.9%Reduced
Paradigm Biocapital Advisors LP2,610,197$134.1M6.17%+78,301+3.1%Added
Jennison Associates LLC2,492,640$128.0M0.09%−7,492−0.3%Reduced
Tang Capital Management LLC2,454,797$126.1M6.98%+200,000+8.9%Added
Vanguard Group Inc2,226,595$114.4M0.00%+111,433+5.3%Added
Morgan Stanley2,012,777$103.4M0.01%+43,706+2.2%Added
Toronto Dominion Bank1,874,745$96.3M0.25%−34,483−1.8%Reduced
Deep Track Capital, LP1,484,266$76.2M2.47%+1,484,266New
Frazier Life Sciences Management, L.P.1,397,527$71.8M3.28%−190,000−12.0%Reduced
Lord, Abbett & Co. LLC1,331,701$68.4M0.24%+51,714+4.0%Added
Assenagon Asset Management S.A.1,125,305$57.8M0.10%−21,507−1.9%Reduced
Citadel Advisors LLC992,642$51.0M0.05%+913,301+1,151.1%Added
State Street Corp910,716$46.8M0.00%−6,140−0.7%Reduced
Macquarie Group Ltd892,781$45.9M0.06%+76,869+9.4%Added
Geode Capital Management, LLC865,434$44.5M0.00%+26,630+3.2%Added
Invesco Ltd.826,523$42.5M0.01%−105,592−11.3%Reduced
Driehaus Capital Management LLC717,853$36.9M0.36%+717,853New
OrbiMed Advisors LLC653,743$33.6M0.81%+653,743New
Artisan Partners Limited Partnership603,214$31.0M0.05%−88,085−12.7%Reduced
Janus Henderson Group PLC512,960$26.5M0.01%+500,478+4,009.6%Added
Adage Capital Partners GP, L.L.C.510,000$26.2M0.05%+510,000New
Ensign Peak Advisors, Inc487,310$25.0M0.05%−82,746−14.5%Reduced
Ikarian Capital, LLC485,021$24.9M8.12%−122,668−20.2%Reduced
Price T Rowe Associates Inc433,171$22.3M0.00%−27,602−6.0%Reduced
Bank of America Corp429,144$22.0M0.00%+91,288+27.0%Added
Gilder Gagnon Howe & Co LLC416,811$21.4M0.28%+12,574+3.1%Added
D. E. Shaw & Co., Inc.410,676$21.1M0.03%+45,132+12.3%Added
Cormorant Asset Management, LP400,000$20.5M1.56%−100,000−20.0%Reduced
Norges Bank391,061$20.1M0.00%+391,061New
Northern Trust Corp363,432$18.7M0.00%+5,816+1.6%Added
Rock Springs Capital Management LP354,376$18.2M1.04%+243,487+219.6%Added
Dimensional Fund Advisors LP308,230$15.8M0.00%−33,075−9.7%Reduced
Goldman Sachs Group Inc301,510$15.5M0.00%−17,220−5.4%Reduced
Charles Schwab Investment Management Inc290,318$14.9M0.00%−3,382−1.2%Reduced
Nuveen, LLC264,523$13.6M0.00%+264,523New
Millennium Management LLC247,195$12.7M0.01%−396,815−61.6%Reduced
Qube Research & Technologies Ltd246,844$12.7M0.02%+148,848+151.9%Added
Cutter Capital Management, LP205,000$10.5M4.59%+92,500+82.2%Added
Integral Health Asset Management, LLC200,000$10.3M1.14%−150,000−42.9%Reduced
Polygon Management Ltd.178,470$9.17M2.94%−21,530−10.8%Reduced
Sands Capital Ventures, LLC170,000$8.73M2.14%00.0%Unchanged
Allspring Global Investments Holdings, LLC168,721$8.67M0.02%−12,401−6.8%Reduced
Deutsche Bank AG151,421$7.78M0.00%−2,020−1.3%Reduced
Atika Capital Management LLC144,400$7.42M1.14%−32,800−18.5%Reduced
J. Goldman & Co LP140,288$7.21M0.26%+10,093+7.8%Added
Russell Investments Group, Ltd.134,617$6.92M0.01%+132,450+6,112.1%Added
Mutual of America Capital Management LLC130,289$6.69M0.08%+192+0.1%Added
Ally Bridge Group (NY) LLC127,932$6.57M5.92%−45,212−26.1%Reduced
Boothbay Fund Management, LLC121,273$6.23M0.22%−35,130−22.5%Reduced
Prudential Financial Inc120,805$6.21M0.01%−27,930−18.8%Reduced
Wellington Management Group LLP116,110$5.96M0.00%−20,685−15.1%Reduced
Baird Financial Group, Inc.110,792$5.69M0.01%−31,627−22.2%Reduced
Bank of New York Mellon Corp101,013$5.19M0.00%−915−0.9%Reduced
Woodline Partners LP100,149$5.14M0.03%−8,837−8.1%Reduced
UBS Group AG92,687$4.76M0.00%+31,380+51.2%Added
Pictet Asset Management Holding SA84,697$4.38M0.00%+79,567+1,551.0%Added
Silverarc Capital Management, LLC81,331$4.18M0.87%+15,376+23.3%Added
Jefferies Financial Group Inc.78,808$4.05M0.07%−341,950−81.3%Reduced
BNP Paribas Arbitrage, SA75,708$3.89M0.00%+70,860+1,461.6%Added
Castleark Management LLC74,920$3.85M0.13%+74,920New
Commonwealth Equity Services, LLC71,592$3.68M0.01%+71,592New
UBS Asset Management Americas Inc71,220$3.66M0.00%+1,394+2.0%Added
Lisanti Capital Growth, LLC70,180$3.61M1.07%−26,755−27.6%Reduced
Susquehanna International Group, LLP60,857$3.13M0.01%−3,266−5.1%Reduced
Wells Fargo & Company59,843$3.07M0.00%+2,839+5.0%Added
Balyasny Asset Management LLC59,674$3.07M0.01%+59,674New
Ameriprise Financial Inc58,914$3.03M0.00%+11,229+23.5%Added
Squarepoint Ops LLC57,656$2.96M0.01%+51,652+860.3%Added
Manufacturers Life Insurance Company, The55,837$2.87M0.00%+9,060+19.4%Added
Swiss National Bank55,533$2.85M0.00%+3,200+6.1%Added
Federated Hermes, Inc.54,682$2.81M0.01%−23,032−29.6%Reduced
Essex Investment Management Co LLC54,447$2.80M0.58%−25,313−31.7%Reduced
Barclays PLC52,839$2.71M0.00%−21,825−29.2%Reduced
TD Asset Management Inc52,492$2.70M0.00%−2,496−4.5%Reduced
EAM Investors, LLC52,413$2.69M0.47%−19,402−27.0%Reduced
Standard Life Aberdeen plc51,869$2.66M0.01%−41,781−44.6%Reduced
Rhumbline Advisers51,682$2.65M0.00%+2,148+4.3%Added
Jump Financial, LLC48,800$2.51M0.04%+48,800New
Victory Capital Management Inc44,320$2.28M0.00%+40,289+999.5%Added
New York State Common Retirement Fund43,004$2.21M0.00%00.0%Unchanged
E. Ohman J:or Asset Management AB42,981$2.21M0.06%+8,200+23.6%Added
Ghisallo Capital Management LLC40,000$2.05M0.18%+40,000New
Alliancebernstein L.P.39,054$2.01M0.00%+804+2.1%Added
State of Wisconsin Investment Board37,456$1.92M0.00%+5,243+16.3%Added
SEI Investments Co37,371$1.92M0.00%−10,809−22.4%Reduced
Citigroup Inc35,790$1.84M0.00%−2,418−6.3%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH35,393$1.82M0.00%+35,393New
Legato Capital Management LLC31,958$1.64M0.22%−13,698−30.0%Reduced
Two Sigma Investments, LP29,282$1.50M0.00%−61,889−67.9%Reduced
Voya Investment Management LLC28,920$1.49M0.00%−1,113−3.7%Reduced
Twinbeech Capital LP28,173$1.45M0.03%+28,173New
JPMorgan Chase & Co27,973$1.44M0.00%−101,211−78.3%Reduced
Alps Advisors Inc27,836$1.43M0.01%−3,070−9.9%Reduced
Legal & General Group Plc27,594$1.42M0.00%+999+3.8%Added
California State Teachers Retirement System25,364$1.30M0.00%−280−1.1%Reduced
Cambridge Investment Research Advisors, Inc.23,150$1.19M0.00%−25−0.1%Reduced
MetLife Investment Management22,305$1.15M0.01%−373−1.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.22,143$1.14M0.00%+1,217+5.8%Added
Harbor Capital Advisors, Inc.20,768$1.07M0.05%−1,345−6.1%Reduced