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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
Clearbridge Investments, LLC566,978$33.7M0.03%+122,476+27.6%Added
D. E. Shaw & Co., Inc.598,307$35.6M0.03%−124,876−17.3%Reduced
Toronto Dominion Bank617,583$36.7M0.07%−384,379−38.4%Reduced
Macquarie Group Ltd833,437$49.5M0.06%−115,413−12.2%Reduced
State Street Corp936,162$55.6M0.00%−44,706−4.6%Reduced
Invesco Ltd.937,006$55.7M0.01%+8,505+0.9%Added
Geode Capital Management, LLC944,496$56.1M0.00%+10,076+1.1%Added
Lord, Abbett & Co. LLC985,629$58.6M0.17%−9,796−1.0%Reduced
Driehaus Capital Management LLC1,031,041$61.3M0.44%+154,494+17.6%Added
Frazier Life Sciences Management, L.P.1,167,527$69.4M2.08%−230,000−16.5%Reduced
Assenagon Asset Management S.A.1,247,954$74.2M0.11%+250,367+25.1%Added
Janus Henderson Group PLC1,438,999$85.6M0.04%−367,948−20.4%Reduced
Morgan Stanley1,912,402$113.7M0.01%−143,316−7.0%Reduced
Vanguard Group Inc2,272,090$135.0M0.00%−25,264−1.1%Reduced
Tang Capital Management LLC2,454,797$145.9M5.62%00.0%Unchanged
Jennison Associates LLC2,604,580$154.8M0.09%+136,582+5.5%Added
Paradigm Biocapital Advisors LP2,665,698$158.4M4.69%−310,401−10.4%Reduced
Deep Track Capital, LP3,000,000$178.3M4.98%+1,250,000+71.4%Added
RTW Investments, LP3,177,436$188.8M2.33%+65,756+2.1%Added
BlackRock, Inc.3,779,621$224.6M0.00%−12,564−0.3%Reduced
Adage Capital Partners GP, L.L.C.0$00.00%−543,000−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−138,019−100.0%Sold out
Gilder Gagnon Howe & Co LLC0$00.00%−77,164−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−52,334−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−36,354−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−32,411−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−24,774−100.0%Sold out
Magnetar Financial LLC0$00.00%−14,721−100.0%Sold out
Quadrature Capital Ltd0$00.00%−14,500−100.0%Sold out
Warren Averett Asset Management, LLC0$00.00%−13,197−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−11,905−100.0%Sold out
UBS Oconnor LLC0$00.00%−11,000−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−10,729−100.0%Sold out
Versor Investments LP0$00.00%−9,492−100.0%Sold out
Petrus Trust Company, LTA0$00.00%−7,061−100.0%Sold out
State of Wyoming0$00.00%−363−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−139−100.0%Sold out
Accent Capital Management, LLC0$00.00%−105−100.0%Sold out
Signaturefd, LLC0$00.00%−23−100.0%Sold out
Geneos Wealth Management Inc.0$00.00%−23−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−1−100.0%Sold out
Norges Bank––––Not filed