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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
PFM Health Sciences, LP27,338$2.24M0.23%+27,338New
Los Angeles Capital Management LLC31,493$2.17M0.01%−5,609−15.1%Reduced
AQR Capital Management LLC25,919$2.12M0.00%−11,176−30.1%Reduced
Campbell & CO Investment Adviser LLC25,364$2.08M0.10%+10,103+66.2%Added
HRT Financial LP24,774$2.03M0.01%+24,774New
Ishara Investments LP24,000$1.97M2.29%+24,000New
Voloridge Investment Management, LLC23,363$1.91M0.01%−35,464−60.3%Reduced
Tudor Investment Corp Et Al22,704$1.86M0.01%+22,704New
Capricorn Fund Managers Ltd21,982$1.80M0.43%−218,038−90.8%Reduced
Squarepoint Ops LLC21,833$1.79M0.00%−59,646−73.2%Reduced
Harbor Capital Advisors, Inc.21,722$1.78M0.14%+6,134+39.4%Added
MetLife Investment Management21,674$1.77M0.01%−1,421−6.2%Reduced
Engineers Gate Manager LP21,001$1.72M0.02%+14,621+229.2%Added
Schonfeld Strategic Advisors LLC20,674$1.69M0.01%+20,674New
Jane Street Group, LLC20,486$1.68M0.00%−40,134−66.2%Reduced
Quest Partners LLC19,193$1.57M0.09%+3,618+23.2%Added
Two Sigma Investments, LP19,078$1.56M0.00%+9,100+91.2%Added
XTX Topco Ltd18,410$1.51M0.04%+13,438+270.3%Added
D.A. Davidson & Co.18,233$1.49M0.01%+18,233New
Mirae Asset Global ETFs Holdings Ltd.18,193$1.49M0.00%+66+0.4%Added
Legato Capital Management LLC17,755$1.45M0.13%+9,760+122.1%Added
Hussman Strategic Advisors, Inc.16,800$1.38M0.33%−14,700−46.7%Reduced
Wellington Management Group LLP16,778$1.37M0.00%−571−3.3%Reduced
LPL Financial LLC15,283$1.25M0.00%−1,994−11.5%Reduced
Cambridge Investment Research Advisors, Inc.15,175$1.24M0.00%+125+0.8%Added
Sectoral Asset Management Inc14,740$1.21M0.97%−3,665−19.9%Reduced
Creative Planning14,026$1.15M0.00%+1,659+13.4%Added
Intech Investment Management LLC13,823$1.13M0.01%00.0%Unchanged
Handelsbanken Fonder AB13,800$1.13M0.00%+13,800New
Y-Intercept (Hong Kong) Ltd13,642$1.12M0.02%+3,168+30.2%Added
SG Americas Securities, LLC13,518$1.11M0.00%+7,339+118.8%Added
Janney Montgomery Scott LLC12,885$1.05M0.00%−1,220−8.6%Reduced
Baader Bank INC12,000$982.6K0.08%+7,000+140.0%Added
Fox Run Management, L.L.C.11,603$950.1K0.15%+3,166+37.5%Added
State of New Jersey Common Pension Fund D10,806$884.8K0.00%+10,806New
Keybank National Association10,705$876.5K0.00%−1,678−13.6%Reduced
Police & Firemen's Retirement System of New Jersey10,379$849.8K0.01%−705−6.4%Reduced
Susquehanna International Group, LLP9,422$771.5K0.00%+9,422New
Entropy Technologies, LP9,396$769.3K0.04%+9,396New
Envestnet Asset Management Inc9,290$760.7K0.00%+205+2.3%Added
Two Sigma Advisers, LP9,100$745.1K0.00%+9,100New
Jain Global LLC9,096$744.8K0.01%+9,096New
Arizona State Retirement System9,055$741.4K0.00%−263−2.8%Reduced
ProShare Advisors LLC9,034$739.7K0.00%+829+10.1%Added
FORA Capital, LLC8,877$726.8K0.09%+8,877New
Vontobel Holding Ltd.8,844$724.1K0.00%+8,844New
Occudo Quantitative Strategies LP8,756$716.9K0.05%+8,756New
AlphaCore Capital LLC8,750$716.5K0.02%−1,350−13.4%Reduced
Ameriprise Financial Inc8,603$704.4K0.00%−40−0.5%Reduced
STRS Ohio8,400$687.8K0.00%−2,100−20.0%Reduced
Virtus Investment Advisers, Inc.8,399$687.7K0.19%−2,453−22.6%Reduced
Odyssean, LLC7,625$624.3K0.45%+7,625New
Zurcher Kantonalbank (Zurich Cantonalbank)7,591$621.6K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System7,450$610.0K0.00%00.0%Unchanged
Quantbot Technologies LP7,102$581.5K0.02%+2,369+50.1%Added
China Universal Asset Management Co., Ltd.6,917$566.4K0.04%−483−6.5%Reduced
KLP Kapitalforvaltning AS6,900$565.0K0.00%00.0%Unchanged
Allianz Asset Management GmbH6,900$565.0K0.00%+3,200+86.5%Added
Stifel Financial Corp6,803$557.0K0.00%+6,803New
PSP Research LLC6,519$533.8K0.47%+6,519New
Winton Group Ltd6,446$527.8K0.02%+6,446New
Lighthouse Investment Partners, LLC6,219$509.2K0.02%+6,219New
Valmark Advisers, Inc.5,500$450.3K0.01%00.0%Unchanged
Dynamic Technology Lab Private Ltd5,160$423.0K0.10%+5,160New
Teacher Retirement System of Texas4,664$381.9K0.00%−3,040−39.5%Reduced
Victory Capital Management Inc4,505$368.9K0.00%+62+1.4%Added
Seven Fleet Capital Management LP4,500$368.5K0.25%+4,500New
Public Employees Retirement Association of Colorado4,478$367.0K0.00%+4,478New
Brevan Howard Capital Management LP4,458$365.0K0.01%−17,969−80.1%Reduced
Boothbay Fund Management, LLC4,324$354.0K0.01%−7,793−64.3%Reduced
Royal Bank of Canada4,208$344.0K0.00%+805+23.7%Added
Oppenheimer & Co Inc4,150$339.8K0.00%00.0%Unchanged
Valeo Financial Advisors, LLC3,915$320.6K0.01%+392+11.1%Added
Profund Advisors LLC3,830$313.6K0.01%−2,318−37.7%Reduced
Guggenheim Capital LLC3,674$300.8K0.00%+3,674New
HighTower Advisors, LLC3,624$296.7K0.00%−65−1.8%Reduced
Gsa Capital Partners LLP3,612$296.0K0.03%−9,072−71.5%Reduced
West Wealth Group, LLC3,400$278.4K0.06%00.0%Unchanged
Ameritas Investment Partners, Inc.3,272$267.9K0.01%00.0%Unchanged
M&T Bank Corp3,115$255.4K0.00%−580−15.7%Reduced
Xponance, Inc.3,074$251.7K0.00%+3,074New
Simplex Trading, LLC3,013$246.7K0.01%+1,419+89.0%Added
Tower Research Capital LLC (TRC)2,922$239.3K0.01%+2,402+461.9%Added
Rafferty Asset Management, LLC2,875$235.4K0.00%−1,105−27.8%Reduced
Quantinno Capital Management LP2,745$224.8K0.00%+2,745New
Thoroughbred Financial Services, LLC2,725$223.0K0.01%+2,725New
J. Goldman & Co LP2,699$221.0K0.01%−41,601−93.9%Reduced
Prudential Financial Inc2,610$213.7K0.00%−2,950−53.1%Reduced
CIBC World Markets Corp2,591$212.2K0.00%+2,591New
CIBC Private Wealth Group, LLC2,500$204.7K0.00%+2,500New
Mackenzie Financial Corp2,454$201.6K0.00%+2,454New
Pale Fire Capital SE2,452$200.8K0.03%−4,623−65.3%Reduced
Quarry LP2,400$196.5K0.03%−3,700−60.7%Reduced
Mirae Asset Global Investments Co., Ltd.2,063$168.9K0.00%+431+26.4%Added
Leonteq Securities AG2,000$163.8K0.01%−4,500−69.2%Reduced
1620 Investment Advisors, Inc.1,807$148.0K0.10%−3−0.2%Reduced
Advisor Group Holdings, Inc.1,543$126.3K0.00%−1,035−40.1%Reduced
KBC Group NV1,296$106.0K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.1,283$105.1K0.00%+172+15.5%Added
Amalgamated Bank1,231$101.0K0.00%−43−3.4%Reduced