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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, Q1 2026

Institutional positions in Tarsus Pharmaceuticals, Inc. as of Mar 31, 2026. 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
253
+13 vs. Q4 2025
Shares held
45.1M
+3.61M (+8.7%) vs. Q4 2025
Total value
$3.17B
−$232.9M (−6.9%) vs. Q4 2025
New holders
48
88 more added
Sold out
35
82 more reduced

6 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 253 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 heldQ1 2026: $3.17B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Tarsus Pharmaceuticals, Inc.; share changes are against Q4 2025.

Institutions holding TARS in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Deep Track Capital, LP3,600,000$252.5M5.21%+595,966+19.8%Added
BlackRock, Inc.3,552,612$249.2M0.00%−237,945−6.3%Reduced
RTW Investments, LP3,346,025$234.7M2.34%+10,705+0.3%Added
Paradigm Biocapital Advisors LP2,562,154$179.7M3.67%00.0%Unchanged
Janus Henderson Group PLC2,240,963$157.2M0.08%+310,638+16.1%Added
Morgan Stanley1,944,272$136.4M0.01%−96,470−4.7%Reduced
Vanguard Capital Management LLC1,760,541$123.5M0.00%+1,760,541New
Jennison Associates LLC1,712,124$120.1M0.08%−517,945−23.2%Reduced
Assenagon Asset Management S.A.1,280,194$89.8M0.14%+152,464+13.5%Added
Bank of America Corp1,194,377$83.8M0.01%+436,271+57.5%Added
Tang Capital Management LLC1,188,624$83.4M4.23%00.0%Unchanged
Geode Capital Management, LLC1,121,091$78.7M0.00%+173,328+18.3%Added
State Street Corp978,212$68.6M0.00%+49,153+5.3%Added
Driehaus Capital Management LLC926,125$65.0M0.48%−246,302−21.0%Reduced
Lord, Abbett & Co. LLC842,313$59.1M0.19%−13,332−1.6%Reduced
D. E. Shaw & Co., Inc.791,146$55.5M0.04%+175,990+28.6%Added
Invesco Ltd.742,497$52.1M0.01%−269,860−26.7%Reduced
FMR LLC733,334$51.4M0.00%+86,220+13.3%Added
Frazier Life Sciences Management, L.P.728,644$51.1M1.32%00.0%Unchanged
Millennium Management LLC564,579$39.6M0.03%+447,575+382.5%Added
Clearbridge Investments, LLC545,351$38.3M0.03%+39,262+7.8%Added
Toronto Dominion Bank510,253$35.8M0.07%00.0%Unchanged
Nomura Asset Management International Inc.499,853$35.1M0.06%−84,833−14.5%Reduced
Goldman Sachs Group Inc439,626$30.8M0.00%+60,922+16.1%Added
Loomis Sayles & Co L P407,836$28.6M0.04%−34,037−7.7%Reduced
TimesSquare Capital Management, LLC388,590$27.3M0.46%+56,144+16.9%Added
Northern Trust Corp352,957$24.8M0.00%+10,471+3.1%Added
Vanguard Portfolio Management LLC335,889$23.6M0.00%+335,889New
Franklin Resources Inc333,676$23.4M0.01%−3,340−1.0%Reduced
Ensign Peak Advisors, Inc332,982$23.4M0.04%−141,068−29.8%Reduced
MPM Oncology Impact Management LP329,750$23.1M1.79%+881+0.3%Added
Charles Schwab Investment Management Inc328,162$23.0M0.00%−4,949−1.5%Reduced
Qube Research & Technologies Ltd324,014$22.7M0.03%−77,227−19.2%Reduced
Nuveen, LLC315,290$22.1M0.01%−7,237−2.2%Reduced
Artisan Partners Limited Partnership307,307$21.6M0.04%−129,269−29.6%Reduced
BNP Paribas Arbitrage, SA303,509$21.3M0.01%−52,596−14.8%Reduced
Price T Rowe Associates Inc274,804$19.3M0.00%−243,976−47.0%Reduced
Vanguard Fiduciary Trust Co272,743$19.1M0.00%+272,743New
Braidwell LP265,715$18.6M0.62%+265,715New
Tri Locum Partners LP252,588$17.7M2.49%+252,588New
Squarepoint Ops LLC241,033$16.9M0.04%+219,200+1,004.0%Added
Point72 Asset Management, L.P.226,251$15.9M0.03%+188,623+501.3%Added
Rock Springs Capital Management LP225,179$15.8M0.93%−35,165−13.5%Reduced
Cormorant Asset Management, LP225,000$15.8M0.80%−25,000−10.0%Reduced
Integral Health Asset Management, LLC200,000$14.0M0.74%00.0%Unchanged
Vestal Point Capital, LP200,000$14.0M0.39%+200,000New
M&G Plc166,364$11.6M0.06%+166,364New
Citadel Advisors LLC163,997$11.5M0.01%+163,997New
Canada Pension Plan Investment Board152,200$10.7M0.01%+1,100+0.7%Added
Russell Investments Group, Ltd.145,926$10.2M0.01%−7,834−5.1%Reduced
Allspring Global Investments Holdings, LLC131,612$9.24M0.02%+1,232+0.9%Added
First Trust Advisors LP122,911$8.62M0.01%+11,141+10.0%Added
Deutsche Bank AG121,862$8.55M0.00%+3,633+3.1%Added
Jefferies Financial Group Inc.118,810$8.33M0.10%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.111,437$7.82M0.02%−61,838−35.7%Reduced
Healthcare of Ontario Pension Plan Trust Fund108,800$7.63M0.01%−53,030−32.8%Reduced
Bank of New York Mellon Corp106,782$7.49M0.00%−978−0.9%Reduced
Woodline Partners LP100,443$7.05M0.03%+289+0.3%Added
Universal- Beteiligungs- und Servicegesellschaft mbH90,663$6.36M0.01%−19,194−17.5%Reduced
Wells Fargo & Company89,293$6.26M0.00%−29,765−25.0%Reduced
Sands Capital Ventures, LLC85,000$5.96M1.42%00.0%Unchanged
UBS Group AG82,124$5.76M0.00%+15,225+22.8%Added
Commonwealth Equity Services, LLC80,892$5.67M0.01%+12,597+18.4%Added
Ally Bridge Group (NY) LLC80,859$5.67M5.64%+80,859New
PFM Health Sciences, LP80,226$5.63M0.59%+52,888+193.5%Added
Renaissance Technologies LLC73,400$5.15M0.01%+9,300+14.5%Added
Mutual of America Capital Management LLC71,135$4.99M0.06%−43,325−37.9%Reduced
Voleon Capital Management LP68,935$4.84M0.10%−8,440−10.9%Reduced
Cinctive Capital Management LP68,769$4.82M0.32%+39,931+138.5%Added
State of Wisconsin Investment Board67,087$4.71M0.01%+35,175+110.2%Added
PDT Partners, LLC63,026$4.42M0.26%00.0%Unchanged
Swiss National Bank62,933$4.41M0.00%+500+0.8%Added
UBS Asset Management Americas Inc62,706$4.40M0.00%−3,629−5.5%Reduced
Citigroup Inc54,335$3.81M0.00%+2,364+4.5%Added
HighVista Strategies LLC52,464$3.68M1.02%−1,100−2.1%Reduced
XTX Topco Ltd51,634$3.62M0.06%+33,224+180.5%Added
Federated Hermes, Inc.49,094$3.44M0.01%−195−0.4%Reduced
Jump Financial, LLC47,600$3.34M0.05%−80,487−62.8%Reduced
Alliancebernstein L.P.40,616$3.33M0.00%−38−0.1%Reduced
Rhumbline Advisers46,958$3.29M0.00%−122−0.3%Reduced
Calamos Advisors LLC43,832$3.07M0.01%+9,390+27.3%Added
GordonMD Global Investments LP42,680$2.99M2.47%−24,000−36.0%Reduced
E. Ohman J:or Asset Management AB42,087$2.95M0.08%+8,764+26.3%Added
Baird Financial Group, Inc.41,977$2.94M0.00%−4,951−10.6%Reduced
Lisanti Capital Growth, LLC41,815$2.93M0.74%−22,526−35.0%Reduced
Emerald Investment Advisers, LLC39,896$2.80M0.25%+39,896New
California State Teachers Retirement System37,695$2.64M0.00%+7,516+24.9%Added
Manufacturers Life Insurance Company, The37,404$2.62M0.00%−17,879−32.3%Reduced
Pictet Asset Management Holding SA38,198$2.57M0.00%+620+1.6%Added
Caption Management, LLC36,448$2.56M0.12%+36,448New
New York State Common Retirement Fund35,918$2.52M0.00%−7,237−16.8%Reduced
Raymond James Financial Inc34,784$2.44M0.00%−865−2.4%Reduced
Nomura Holdings Inc34,685$2.43M0.02%+34,685New
Alps Advisors Inc34,647$2.43M0.01%−108−0.3%Reduced
EFG International AG34,133$2.40M0.05%+34,133New
Public Sector Pension Investment Board32,000$2.24M0.01%−18,000−36.0%Reduced
Algert Global LLC31,760$2.23M0.03%−14,225−30.9%Reduced
Ikarian Capital, LLC31,166$2.19M0.31%00.0%Unchanged
SEI Investments Co31,075$2.18M0.00%−12,269−28.3%Reduced
AQR Capital Management LLC30,453$2.14M0.00%+4,534+17.5%Added