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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, Q4 2025

Institutional positions in Tarsus Pharmaceuticals, Inc. as of Dec 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
246
+29 vs. Q3 2025
Shares held
44.1M
−761.0K (−1.7%) vs. Q3 2025
Total value
$3.61B
+$943.5M (+35.4%) vs. Q3 2025
New holders
52
84 more added
Sold out
23
85 more reduced

3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 246 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 heldQ4 2025: $3.61B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Tarsus Pharmaceuticals, Inc.; share changes are against Q3 2025.

Institutions holding TARS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Huntington National Bank1$820.00%00.0%Unchanged
IFP Advisors, Inc1$820.00%00.0%Unchanged
Turning Point Benefit Group, Inc.2$1630.00%00.0%Unchanged
SBI Securities Co., Ltd.2$1640.00%−51−96.2%Reduced
Versant Capital Management, Inc3$2460.00%00.0%Unchanged
Bare Financial Services, Inc6$4910.00%+6New
Quadrant Capital Group LLC6$4920.00%00.0%Unchanged
Breakwater Investment Management6$4920.00%+6New
Signaturefd, LLC7$5730.00%+7New
Bell Investment Advisors, Inc11$9010.00%00.0%Unchanged
True Wealth Design, LLC11$9010.00%00.0%Unchanged
Assetmark, Inc14$1.15K0.00%00.0%Unchanged
Parkside Financial Bank & Trust16$1.31K0.00%00.0%Unchanged
WPG Advisers, LLC17$1.39K0.00%+17New
US Bancorp18$1.47K0.00%−65−78.3%Reduced
Farther Finance Advisors, LLC23$1.88K0.00%+1+4.5%Added
Covestor Ltd25$2.00K0.00%−22−46.8%Reduced
Essential Partners LLC26$2.13K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC30$2.46K0.00%−29−49.2%Reduced
Smartleaf Asset Management LLC37$3.05K0.00%+10+37.0%Added
LRI Investments, LLC42$3.41K0.00%+42New
Bessemer Group Inc48$4.00K0.00%00.0%Unchanged
Allworth Financial LP55$4.50K0.00%+22+66.7%Added
Rothschild Investment LLC60$4.91K0.00%00.0%Unchanged
Kemnay Advisory Services Inc.62$5.08K0.00%+62New
Steward Partners Investment Advisory, LLC69$5.65K0.00%−3−4.2%Reduced
Global Retirement Partners, LLC73$5.98K0.00%+19+35.2%Added
Private Trust Co NA84$6.88K0.00%−24−22.2%Reduced
Accent Capital Management, LLC85$6.96K0.00%+85New
Massmutual Trust Co FSB110$9.01K0.00%−26−19.1%Reduced
SRS Capital Advisors, Inc.132$10.8K0.00%+86+187.0%Added
Daiwa Securities Group Inc.137$11.0K0.00%00.0%Unchanged
Spire Wealth Management143$11.7K0.00%−84−37.0%Reduced
The PNC Financial Services Group, Inc.152$12.4K0.00%−286−65.3%Reduced
Optiver Holding B.V.189$15.5K0.00%−91−32.5%Reduced
Parallel Advisors, LLC209$17.1K0.00%+147+237.1%Added
Sterling Capital Management LLC253$20.7K0.00%+158+166.3%Added
MAI Capital Management285$23.3K0.00%00.0%Unchanged
GAMMA Investing LLC340$27.8K0.00%+88+34.9%Added
Jones Financial Companies LLLP347$28.4K0.00%+49+16.4%Added
CWM, LLC403$33.0K0.00%+13+3.3%Added
Nisa Investment Advisors, LLC406$33.2K0.00%−51−11.2%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.433$35.0K0.00%+131+43.4%Added
GF Fund Management Co. Ltd.833$68.2K0.00%−75−8.3%Reduced
Comerica Bank855$70.0K0.00%+705+470.0%Added
Truvestments Capital LLC909$74.4K0.01%+468+106.1%Added
Amalgamated Bank1,231$101.0K0.00%−43−3.4%Reduced
Rockefeller Capital Management L.P.1,283$105.1K0.00%+172+15.5%Added
KBC Group NV1,296$106.0K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.1,543$126.3K0.00%−1,035−40.1%Reduced
1620 Investment Advisors, Inc.1,807$148.0K0.10%−3−0.2%Reduced
Leonteq Securities AG2,000$163.8K0.01%−4,500−69.2%Reduced
Mirae Asset Global Investments Co., Ltd.2,063$168.9K0.00%+431+26.4%Added
Quarry LP2,400$196.5K0.03%−3,700−60.7%Reduced
Pale Fire Capital SE2,452$200.8K0.03%−4,623−65.3%Reduced
Mackenzie Financial Corp2,454$201.6K0.00%+2,454New
CIBC Private Wealth Group, LLC2,500$204.7K0.00%+2,500New
CIBC World Markets Corp2,591$212.2K0.00%+2,591New
Prudential Financial Inc2,610$213.7K0.00%−2,950−53.1%Reduced
J. Goldman & Co LP2,699$221.0K0.01%−41,601−93.9%Reduced
Thoroughbred Financial Services, LLC2,725$223.0K0.01%+2,725New
Quantinno Capital Management LP2,745$224.8K0.00%+2,745New
Rafferty Asset Management, LLC2,875$235.4K0.00%−1,105−27.8%Reduced
Tower Research Capital LLC (TRC)2,922$239.3K0.01%+2,402+461.9%Added
Simplex Trading, LLC3,013$246.7K0.01%+1,419+89.0%Added
Xponance, Inc.3,074$251.7K0.00%+3,074New
M&T Bank Corp3,115$255.4K0.00%−580−15.7%Reduced
Ameritas Investment Partners, Inc.3,272$267.9K0.01%00.0%Unchanged
West Wealth Group, LLC3,400$278.4K0.06%00.0%Unchanged
Gsa Capital Partners LLP3,612$296.0K0.03%−9,072−71.5%Reduced
HighTower Advisors, LLC3,624$296.7K0.00%−65−1.8%Reduced
Guggenheim Capital LLC3,674$300.8K0.00%+3,674New
Profund Advisors LLC3,830$313.6K0.01%−2,318−37.7%Reduced
Valeo Financial Advisors, LLC3,915$320.6K0.01%+392+11.1%Added
Oppenheimer & Co Inc4,150$339.8K0.00%00.0%Unchanged
Royal Bank of Canada4,208$344.0K0.00%+805+23.7%Added
Boothbay Fund Management, LLC4,324$354.0K0.01%−7,793−64.3%Reduced
Brevan Howard Capital Management LP4,458$365.0K0.01%−17,969−80.1%Reduced
Public Employees Retirement Association of Colorado4,478$367.0K0.00%+4,478New
Seven Fleet Capital Management LP4,500$368.5K0.25%+4,500New
Victory Capital Management Inc4,505$368.9K0.00%+62+1.4%Added
Teacher Retirement System of Texas4,664$381.9K0.00%−3,040−39.5%Reduced
Dynamic Technology Lab Private Ltd5,160$423.0K0.10%+5,160New
Valmark Advisers, Inc.5,500$450.3K0.01%00.0%Unchanged
Lighthouse Investment Partners, LLC6,219$509.2K0.02%+6,219New
Winton Group Ltd6,446$527.8K0.02%+6,446New
PSP Research LLC6,519$533.8K0.47%+6,519New
Stifel Financial Corp6,803$557.0K0.00%+6,803New
KLP Kapitalforvaltning AS6,900$565.0K0.00%00.0%Unchanged
Allianz Asset Management GmbH6,900$565.0K0.00%+3,200+86.5%Added
China Universal Asset Management Co., Ltd.6,917$566.4K0.04%−483−6.5%Reduced
Quantbot Technologies LP7,102$581.5K0.02%+2,369+50.1%Added
State Board of Administration of Florida Retirement System7,450$610.0K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)7,591$621.6K0.00%00.0%Unchanged
Odyssean, LLC7,625$624.3K0.45%+7,625New
Virtus Investment Advisers, Inc.8,399$687.7K0.19%−2,453−22.6%Reduced
STRS Ohio8,400$687.8K0.00%−2,100−20.0%Reduced
Ameriprise Financial Inc8,603$704.4K0.00%−40−0.5%Reduced
AlphaCore Capital LLC8,750$716.5K0.02%−1,350−13.4%Reduced
Occudo Quantitative Strategies LP8,756$716.9K0.05%+8,756New