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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, Q3 2025

Institutional positions in Tarsus Pharmaceuticals, Inc. as of Sep 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
220
+16 vs. Q2 2025
Shares held
44.9M
−766.1K (−1.7%) vs. Q2 2025
Total value
$2.67B
+$818.1M (+44.2%) vs. Q2 2025
New holders
37
66 more added
Sold out
21
93 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 220 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 heldQ3 2025: $2.67B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Tarsus Pharmaceuticals, Inc.; share changes are against Q2 2025.

Institutions holding TARS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.3,779,621$224.6M0.00%−12,564−0.3%Reduced
RTW Investments, LP3,177,436$188.8M2.33%+65,756+2.1%Added
Deep Track Capital, LP3,000,000$178.3M4.98%+1,250,000+71.4%Added
Paradigm Biocapital Advisors LP2,665,698$158.4M4.69%−310,401−10.4%Reduced
Jennison Associates LLC2,604,580$154.8M0.09%+136,582+5.5%Added
Tang Capital Management LLC2,454,797$145.9M5.62%00.0%Unchanged
Vanguard Group Inc2,272,090$135.0M0.00%−25,264−1.1%Reduced
Morgan Stanley1,912,402$113.7M0.01%−143,316−7.0%Reduced
Janus Henderson Group PLC1,438,999$85.6M0.04%−367,948−20.4%Reduced
Assenagon Asset Management S.A.1,247,954$74.2M0.11%+250,367+25.1%Added
Frazier Life Sciences Management, L.P.1,167,527$69.4M2.08%−230,000−16.5%Reduced
Driehaus Capital Management LLC1,031,041$61.3M0.44%+154,494+17.6%Added
Lord, Abbett & Co. LLC985,629$58.6M0.17%−9,796−1.0%Reduced
Geode Capital Management, LLC944,496$56.1M0.00%+10,076+1.1%Added
Invesco Ltd.937,006$55.7M0.01%+8,505+0.9%Added
State Street Corp936,162$55.6M0.00%−44,706−4.6%Reduced
Macquarie Group Ltd833,437$49.5M0.06%−115,413−12.2%Reduced
Toronto Dominion Bank617,583$36.7M0.07%−384,379−38.4%Reduced
D. E. Shaw & Co., Inc.598,307$35.6M0.03%−124,876−17.3%Reduced
Clearbridge Investments, LLC566,978$33.7M0.03%+122,476+27.6%Added
Artisan Partners Limited Partnership558,326$33.2M0.05%+19,023+3.5%Added
Bank of America Corp536,023$31.9M0.00%+69,743+15.0%Added
Qube Research & Technologies Ltd522,276$31.0M0.04%+62,840+13.7%Added
Ensign Peak Advisors, Inc482,364$28.7M0.05%−4,946−1.0%Reduced
Price T Rowe Associates Inc452,857$26.9M0.00%+68,955+18.0%Added
Loomis Sayles & Co L P389,901$23.2M0.03%+389,901New
Northern Trust Corp358,102$21.3M0.00%+924+0.3%Added
MPM Oncology Impact Management LP341,496$20.3M3.32%00.0%Unchanged
Goldman Sachs Group Inc341,012$20.3M0.00%−56,982−14.3%Reduced
Charles Schwab Investment Management Inc332,912$19.8M0.00%+3,615+1.1%Added
Nuveen, LLC330,680$19.7M0.01%−6,259−1.9%Reduced
Cormorant Asset Management, LP300,000$17.8M1.23%00.0%Unchanged
Rock Springs Capital Management LP288,344$17.1M1.00%−85,406−22.9%Reduced
TimesSquare Capital Management, LLC267,505$15.9M0.23%+267,505New
Jump Financial, LLC266,005$15.8M0.20%+28,888+12.2%Added
Integral Health Asset Management, LLC250,000$14.9M1.08%+50,000+25.0%Added
Capricorn Fund Managers Ltd240,020$14.3M4.79%+240,020New
BNP Paribas Arbitrage, SA204,300$12.1M0.01%+51,991+34.1%Added
OrbiMed Advisors LLC197,900$11.8M0.28%00.0%Unchanged
Deutsche Bank AG184,450$11.0M0.00%+82,081+80.2%Added
Sands Capital Ventures, LLC170,000$10.1M2.21%00.0%Unchanged
Russell Investments Group, Ltd.148,329$8.82M0.01%+3,089+2.1%Added
Canada Pension Plan Investment Board131,300$7.80M0.01%+122,800+1,444.7%Added
Polygon Management Ltd.125,000$7.43M1.08%−125,000−50.0%Reduced
Affinity Asset Advisors, LLC125,000$7.43M0.69%+125,000New
Allspring Global Investments Holdings, LLC128,737$7.38M0.01%−3,825−2.9%Reduced
Mutual of America Capital Management LLC122,341$7.27M0.08%−10,637−8.0%Reduced
Tri Locum Partners LP119,260$7.09M1.63%−58,396−32.9%Reduced
UBS Group AG118,562$7.05M0.00%+90,056+315.9%Added
Jefferies Financial Group Inc.113,069$6.72M0.06%−49,927−30.6%Reduced
Bank of New York Mellon Corp109,376$6.50M0.00%+2,584+2.4%Added
Connor, Clark & Lunn Investment Management Ltd.103,811$6.17M0.02%+43,316+71.6%Added
Capitolis Liquid Global Markets LLC102,600$6.10M0.05%−139,500−57.6%Reduced
Millennium Management LLC100,568$5.98M0.00%+42,427+73.0%Added
Woodline Partners LP100,154$5.95M0.03%+50.0%Added
Healthcare of Ontario Pension Plan Trust Fund100,000$5.94M0.01%+100,000New
Wells Fargo & Company98,751$5.87M0.00%−28,202−22.2%Reduced
Barclays PLC92,126$5.48M0.00%−35,453−27.8%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH91,590$5.44M0.01%+39,838+77.0%Added
Dimensional Fund Advisors LP91,171$5.42M0.00%−963−1.0%Reduced
Squarepoint Ops LLC81,479$4.84M0.01%−21,163−20.6%Reduced
JPMorgan Chase & Co77,190$4.59M0.00%−63,420−45.1%Reduced
Cubist Systematic Strategies, LLC73,955$4.40M0.06%+73,955New
Ikarian Capital, LLC73,619$4.38M0.99%−122,917−62.5%Reduced
Pictet Asset Management Holding SA73,647$4.28M0.00%−6,573−8.2%Reduced
Ally Bridge Group (NY) LLC70,778$4.21M3.52%−50,404−41.6%Reduced
Commonwealth Equity Services, LLC66,954$3.98M0.01%−12,897−16.2%Reduced
PDT Partners, LLC63,026$3.75M0.24%00.0%Unchanged
UBS Asset Management Americas Inc62,603$3.72M0.00%−23,775−27.5%Reduced
Swiss National Bank61,133$3.63M0.00%−2,400−3.8%Reduced
Jane Street Group, LLC60,620$3.60M0.00%+60,620New
Voloridge Investment Management, LLC58,827$3.50M0.01%+214+0.4%Added
Rhumbline Advisers56,523$3.36M0.00%−1,127−2.0%Reduced
Manufacturers Life Insurance Company, The53,999$3.21M0.00%+971+1.8%Added
Baird Financial Group, Inc.53,878$3.20M0.01%−7,803−12.7%Reduced
TD Asset Management Inc52,692$3.13M0.00%+9,400+21.7%Added
First Trust Advisors LP51,897$3.08M0.00%−53,193−50.6%Reduced
Standard Life Aberdeen plc51,678$3.07M0.00%−9,919−16.1%Reduced
Raymond James Financial Inc49,339$2.93M0.00%+4,624+10.3%Added
New York State Common Retirement Fund48,607$2.89M0.00%+5,603+13.0%Added
J. Goldman & Co LP44,300$2.63M0.10%−320,257−87.8%Reduced
Citadel Advisors LLC43,281$2.57M0.00%−185,965−81.1%Reduced
Lisanti Capital Growth, LLC43,011$2.56M0.63%−32,514−43.1%Reduced
Renaissance Technologies LLC41,600$2.47M0.00%+41,600New
Alliancebernstein L.P.40,954$2.43M0.00%+1,900+4.9%Added
Citigroup Inc40,591$2.41M0.00%+17,797+78.1%Added
E. Ohman J:or Asset Management AB38,323$2.28M0.05%−2,700−6.6%Reduced
Los Angeles Capital Management LLC37,102$2.20M0.01%+13,569+57.7%Added
AQR Capital Management LLC37,095$2.20M0.00%−16,473−30.8%Reduced
Voya Investment Management LLC31,995$1.90M0.00%−4,132−11.4%Reduced
SEI Investments Co31,580$1.88M0.00%+1,522+5.1%Added
State of Wisconsin Investment Board31,580$1.88M0.00%+7,607+31.7%Added
Hussman Strategic Advisors, Inc.31,500$1.87M0.41%+31,500New
Legal & General Group Plc31,311$1.86M0.00%−4,115−11.6%Reduced
California State Teachers Retirement System30,183$1.79M0.00%+4,819+19.0%Added
HighVista Strategies LLC24,854$1.48M0.36%+13,174+112.8%Added
MetLife Investment Management23,095$1.37M0.01%00.0%Unchanged
Voleon Capital Management LP22,983$1.37M0.03%+22,983New
Brevan Howard Capital Management LP22,427$1.33M0.02%+22,427New
Franklin Resources Inc22,183$1.32M0.00%+781+3.6%Added