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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, Q2 2025

Institutional positions in Tarsus Pharmaceuticals, Inc. as of Jun 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
205
+13 vs. Q1 2025
Shares held
46.1M
+2.20M (+5.0%) vs. Q1 2025
Total value
$1.87B
−$388.3M (−17.2%) vs. Q1 2025
New holders
43
89 more added
Sold out
30
49 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 205 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 heldQ2 2025: $1.87B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Tarsus Pharmaceuticals, Inc.; share changes are against Q1 2025.

Institutions holding TARS in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.3,792,185$153.6M0.00%+638,457+20.2%Added
RTW Investments, LP3,111,680$126.1M1.80%−204,352−6.2%Reduced
Paradigm Biocapital Advisors LP2,976,099$120.6M5.15%+365,902+14.0%Added
Jennison Associates LLC2,467,998$100.0M0.06%−24,642−1.0%Reduced
Tang Capital Management LLC2,454,797$99.4M5.03%00.0%Unchanged
Vanguard Group Inc2,297,354$93.1M0.00%+70,759+3.2%Added
Morgan Stanley2,055,718$83.3M0.01%+42,941+2.1%Added
Janus Henderson Group PLC1,806,947$73.2M0.04%+1,293,987+252.3%Added
Deep Track Capital, LP1,750,000$70.9M2.28%+265,734+17.9%Added
Frazier Life Sciences Management, L.P.1,397,527$56.6M2.26%00.0%Unchanged
Toronto Dominion Bank1,001,962$40.6M0.09%−872,783−46.6%Reduced
Assenagon Asset Management S.A.997,587$40.4M0.06%−127,718−11.3%Reduced
Lord, Abbett & Co. LLC995,425$40.3M0.13%−336,276−25.3%Reduced
State Street Corp980,868$39.7M0.00%+70,152+7.7%Added
Macquarie Group Ltd948,850$38.4M0.05%+56,069+6.3%Added
Geode Capital Management, LLC934,420$37.9M0.00%+68,986+8.0%Added
Invesco Ltd.928,501$37.6M0.01%+101,978+12.3%Added
Driehaus Capital Management LLC876,547$35.5M0.28%+158,694+22.1%Added
D. E. Shaw & Co., Inc.723,183$29.3M0.03%+312,507+76.1%Added
Adage Capital Partners GP, L.L.C.543,000$22.0M0.04%+33,000+6.5%Added
Artisan Partners Limited Partnership539,303$21.8M0.03%−63,911−10.6%Reduced
Ensign Peak Advisors, Inc487,310$19.7M0.03%00.0%Unchanged
Norges Bank471,354$19.1M0.00%+80,293+20.5%Added
Bank of America Corp466,280$18.9M0.00%+37,136+8.7%Added
Qube Research & Technologies Ltd459,436$18.6M0.03%+212,592+86.1%Added
Clearbridge Investments, LLC444,502$18.0M0.01%+444,502New
Goldman Sachs Group Inc397,994$16.1M0.00%+96,484+32.0%Added
Price T Rowe Associates Inc383,902$15.6M0.00%−49,269−11.4%Reduced
Rock Springs Capital Management LP373,750$15.1M0.94%+19,374+5.5%Added
J. Goldman & Co LP364,557$14.8M0.46%+224,269+159.9%Added
Northern Trust Corp357,178$14.5M0.00%−6,254−1.7%Reduced
MPM Oncology Impact Management LP341,496$13.8M2.40%+341,496New
Nuveen, LLC336,939$13.6M0.00%+72,416+27.4%Added
Charles Schwab Investment Management Inc329,297$13.3M0.00%+38,979+13.4%Added
Cormorant Asset Management, LP300,000$12.2M0.91%−100,000−25.0%Reduced
Polygon Management Ltd.250,000$10.1M1.83%+71,530+40.1%Added
Capitolis Liquid Global Markets LLC242,100$9.81M0.07%+242,100New
Jump Financial, LLC237,117$9.61M0.12%+188,317+385.9%Added
Citadel Advisors LLC229,246$9.29M0.01%−763,396−76.9%Reduced
Integral Health Asset Management, LLC200,000$8.10M0.76%00.0%Unchanged
OrbiMed Advisors LLC197,900$8.02M0.20%−455,843−69.7%Reduced
Ikarian Capital, LLC196,536$7.96M2.63%−288,485−59.5%Reduced
Royal Bank of Canada189,551$7.68M0.00%+186,471+6,054.3%Added
Prudential Financial Inc182,400$7.39M0.01%+61,595+51.0%Added
Tri Locum Partners LP177,656$7.20M2.18%+177,656New
Sands Capital Ventures, LLC170,000$6.89M1.36%00.0%Unchanged
Jefferies Financial Group Inc.162,996$6.60M0.11%+84,188+106.8%Added
BNP Paribas Arbitrage, SA152,309$6.17M0.00%+76,601+101.2%Added
Russell Investments Group, Ltd.145,240$5.88M0.01%+10,623+7.9%Added
JPMorgan Chase & Co140,610$5.70M0.00%+112,637+402.7%Added
Balyasny Asset Management LLC138,019$5.59M0.01%+78,345+131.3%Added
Mutual of America Capital Management LLC132,978$5.39M0.06%+2,689+2.1%Added
Allspring Global Investments Holdings, LLC132,562$5.37M0.01%−36,159−21.4%Reduced
Barclays PLC127,579$5.17M0.00%+74,740+141.4%Added
Wells Fargo & Company126,953$5.14M0.00%+67,110+112.1%Added
Wellington Management Group LLP123,636$5.01M0.00%+7,526+6.5%Added
Ally Bridge Group (NY) LLC121,182$4.91M4.08%−6,750−5.3%Reduced
Bank of New York Mellon Corp106,792$4.33M0.00%+5,779+5.7%Added
First Trust Advisors LP105,090$4.26M0.00%+105,090New
Squarepoint Ops LLC102,642$4.16M0.01%+44,986+78.0%Added
Deutsche Bank AG102,369$4.15M0.00%−49,052−32.4%Reduced
Woodline Partners LP100,149$4.06M0.02%00.0%Unchanged
Trexquant Investment LP94,624$3.83M0.04%+94,624New
Dimensional Fund Advisors LP92,134$3.73M0.00%−216,096−70.1%Reduced
UBS Asset Management Americas Inc86,378$3.50M0.00%+15,158+21.3%Added
Pictet Asset Management Holding SA80,220$3.24M0.00%−4,477−5.3%Reduced
Commonwealth Equity Services, LLC79,851$3.23M0.00%+8,259+11.5%Added
Gilder Gagnon Howe & Co LLC77,164$3.13M0.03%−339,647−81.5%Reduced
Lisanti Capital Growth, LLC75,525$3.06M0.85%+5,345+7.6%Added
Swiss National Bank63,533$2.57M0.00%+8,000+14.4%Added
PDT Partners, LLC63,026$2.55M0.14%+63,026New
Victory Capital Management Inc62,235$2.52M0.00%+17,915+40.4%Added
Baird Financial Group, Inc.61,681$2.50M0.00%−49,111−44.3%Reduced
Standard Life Aberdeen plc61,597$2.50M0.00%+9,728+18.8%Added
Connor, Clark & Lunn Investment Management Ltd.60,495$2.45M0.01%+60,495New
Voloridge Investment Management, LLC58,613$2.37M0.01%+58,613New
Millennium Management LLC58,141$2.36M0.00%−189,054−76.5%Reduced
Rhumbline Advisers57,650$2.34M0.00%+5,968+11.5%Added
Federated Hermes, Inc.55,021$2.23M0.00%+339+0.6%Added
AQR Capital Management LLC53,568$2.17M0.00%+37,344+230.2%Added
Manufacturers Life Insurance Company, The53,028$2.15M0.00%−2,809−5.0%Reduced
Susquehanna International Group, LLP52,334$2.12M0.00%−8,523−14.0%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH51,752$2.10M0.00%+16,359+46.2%Added
Raymond James Financial Inc44,715$1.81M0.00%+24,348+119.5%Added
TD Asset Management Inc43,292$1.75M0.00%−9,200−17.5%Reduced
New York State Common Retirement Fund43,004$1.74M0.00%00.0%Unchanged
E. Ohman J:or Asset Management AB41,023$1.66M0.04%−1,958−4.6%Reduced
Quantbot Technologies LP40,339$1.63M0.04%+24,319+151.8%Added
Alliancebernstein L.P.39,054$1.58M0.00%00.0%Unchanged
Aquatic Capital Management LLC36,354$1.47M0.03%+36,354New
Voya Investment Management LLC36,127$1.46M0.00%+7,207+24.9%Added
Legal & General Group Plc35,426$1.44M0.00%+7,832+28.4%Added
SG Americas Securities, LLC34,012$1.38M0.01%+28,789+551.2%Added
Schonfeld Strategic Advisors LLC32,411$1.31M0.01%+19,710+155.2%Added
SEI Investments Co30,058$1.22M0.00%−7,313−19.6%Reduced
Boothbay Fund Management, LLC29,848$1.21M0.04%−91,425−75.4%Reduced
UBS Group AG28,506$1.15M0.00%−64,181−69.2%Reduced
Man Group plc27,094$1.10M0.00%+27,094New
California State Teachers Retirement System25,364$1.03M0.00%00.0%Unchanged
Graham Capital Management, L.P.24,774$1.00M0.03%+18,274+281.1%Added