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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
Tang Capital Management LLC2,454,797$99.4M5.03%00.0%Unchanged
Jennison Associates LLC2,467,998$100.0M0.06%−24,642−1.0%Reduced
Paradigm Biocapital Advisors LP2,976,099$120.6M5.15%+365,902+14.0%Added
RTW Investments, LP3,111,680$126.1M1.80%−204,352−6.2%Reduced
BlackRock, Inc.3,792,185$153.6M0.00%+638,457+20.2%Added
Cutter Capital Management, LP0$00.00%−205,000−100.0%Sold out
Atika Capital Management LLC0$00.00%−144,400−100.0%Sold out
Silverarc Capital Management, LLC0$00.00%−81,331−100.0%Sold out
Castleark Management LLC0$00.00%−74,920−100.0%Sold out
Essex Investment Management Co LLC0$00.00%−54,447−100.0%Sold out
EAM Investors, LLC0$00.00%−52,413−100.0%Sold out
Ghisallo Capital Management LLC0$00.00%−40,000−100.0%Sold out
Twinbeech Capital LP0$00.00%−28,173−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−18,236−100.0%Sold out
SummitTX Capital, L.P.0$00.00%−16,388−100.0%Sold out
Numerai GP LLC0$00.00%−14,459−100.0%Sold out
Allostery Investments LP0$00.00%−13,600−100.0%Sold out
Blair William & Co0$00.00%−11,416−100.0%Sold out
Jane Street Group, LLC0$00.00%−10,456−100.0%Sold out
Aigen Investment Management, LP0$00.00%−9,802−100.0%Sold out
OmniStar Financial Group, Inc.0$00.00%−8,367−100.0%Sold out
CIBC World Markets Corp0$00.00%−8,260−100.0%Sold out
Springhill Fund Asset Management (HK) Co Ltd0$00.00%−7,076−100.0%Sold out
Thoroughbred Financial Services, LLC0$00.00%−5,510−100.0%Sold out
FORA Capital, LLC0$00.00%−5,284−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−5,214−100.0%Sold out
Sandia Investment Management LP0$00.00%−5,000−100.0%Sold out
Marex Group plc0$00.00%−4,400−100.0%Sold out
Oppenheimer & Co Inc0$00.00%−4,100−100.0%Sold out
BI Asset Management Fondsmaeglerselskab A/S0$00.00%−579−100.0%Sold out
Quadrant Capital Group LLC0$00.00%−89−100.0%Sold out
Skopos Labs, Inc.0$00.00%−18−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−12−100.0%Sold out
Stephens Consulting, LLC0$00.00%−10−100.0%Sold out
Amundi0$00.00%−10−100.0%Sold out
Grant/GrossMendelsohn, LLC––––Not filed
Callan Capital, LLC––––Not filed
Lindbrook Capital, LLC––––Not filed