Tarsus Pharmaceuticals, Inc. (TARS) — Institutional Holders, Q2 2026
258 institutional investment managers reported a TARS position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $3.0B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
TARS in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- MILLENNIUM MANAGEMENTAdded · +862,545 sh+$54.3M
- Vestal Point CapitalAdded · +850,000 sh+$53.5M
- MASSACHUSETTS FINANCIAL SERVICESNew · +427,008 sh+$26.9M
- TANG CAPITAL MANAGEMENTAdded · +379,642 sh+$23.9M
- WASATCH ADVISORSNew · +368,568 sh+$23.2M
Biggest sellers
- DRIEHAUS CAPITAL MANAGEMENTTrimmed · -608,549 sh-$38.3M
- LORD, ABBETTTrimmed · -363,047 sh-$22.9M
- Assenagon Asset Management S.A.Trimmed · -332,699 sh-$20.9M
- BRAIDWELLSold out · -265,715 sh-$16.7M
- Point72 Asset Management, L.P.Sold out · -226,251 sh-$14.2M
TARS 13F holders ranked 1–100 of 258
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | BlackRock#1 · 3,856,137 sh | 3,856,137 | $242.7M | <0.01% | +8.5% |
| 2 | Deep Track Capital#2 · 3,666,768 sh | 3,666,768 | $230.8M | 3.36% | +1.9% |
| 3 | RTW INVESTMENTS#3 · 3,357,059 sh | 3,357,059 | $211.3M | 1.80% | +0.3% |
| 4 | Jupiter Topco#4 · 2,808,796 sh | 2,808,796 | $176.8M | 0.07% | — |
| 5 | Paradigm Biocapital Advisors#5 · 2,775,649 sh | 2,775,649 | $174.7M | 3.27% | +8.3% |
| 6 | MORGAN STANLEY#6 · 1,827,082 sh | 1,827,082 | $115.0M | <0.01% | -6.0% |
| 7 | VANGUARD CAPITAL MANAGEMENT#7 · 1,793,064 sh | 1,793,064 | $112.9M | <0.01% | +1.8% |
| 8 | JENNISON ASSOCIATES#8 · 1,663,655 sh | 1,663,655 | $104.7M | 0.06% | -2.8% |
| 9 | TANG CAPITAL MANAGEMENT#9 · 1,568,266 sh | 1,568,266 | $98.7M | 4.48% | +31.9% |
| 10 | MILLENNIUM MANAGEMENT#10 · 1,427,124 sh | 1,427,124 | $89.8M | 0.03% | +152.8% |
| 11 | BANK OF AMERICA#11 · 1,193,182 sh | 1,193,182 | $75.1M | <0.01% | -0.1% |
| 12 | GEODE CAPITAL MANAGEMENT#12 · 1,105,689 sh | 1,105,689 | $69.6M | <0.01% | -1.4% |
| 13 | STATE STREET#13 · 1,072,951 sh | 1,072,951 | $67.5M | <0.01% | +9.7% |
| 14 | Vestal Point Capital#14 · 1,050,000 sh | 1,050,000 | $66.1M | 1.54% | +425.0% |
| 15 | Assenagon Asset Management S.A.#15 · 947,495 sh | 947,495 | $59.6M | — | -26.0% |
| 16 | Invesco Ltd.#16 · 785,808 sh | 785,808 | $49.5M | <0.01% | +5.8% |
| 17 | GOLDMAN SACHS GROUP#17 · 742,693 sh | 742,693 | $46.7M | <0.01% | +68.9% |
| 18 | Frazier Life Sciences Management, L.P.#18 · 728,644 sh | 728,644 | $45.9M | 1.00% | 0.0% |
| 19 | D. E. Shaw#19 · 710,559 sh | 710,559 | $44.7M | 0.02% | -10.2% |
| 20 | FMR#20 · 672,949 sh | 672,949 | $42.4M | <0.01% | -8.2% |
| 21 | NOMURA ASSET MANAGEMENT INTERNATIONAL#21 · 607,272 sh | 607,272 | $38.2M | 0.06% | +21.5% |
| 22 | Clearbridge Investments#22 · 549,387 sh | 549,387 | $34.6M | 0.03% | +0.7% |
| 23 | TORONTO DOMINION BANK#23 · 510,253 sh | 510,253 | $32.1M | 0.04% | 0.0% |
| 24 | LORD, ABBETT#24 · 479,266 sh | 479,266 | $30.2M | 0.09% | -43.1% |
| 25 | MASSACHUSETTS FINANCIAL SERVICES#25 · 427,008 sh | 427,008 | $26.9M | <0.01% | New |
| 26 | NORTHERN#26 · 386,611 sh | 386,611 | $24.3M | <0.01% | +9.5% |
| 27 | VANGUARD PORTFOLIO MANAGEMENT#27 · 385,137 sh | 385,137 | $24.2M | <0.01% | +14.7% |
| 28 | LOOMIS SAYLES & L P#28 · 380,684 sh | 380,684 | $24.0M | 0.03% | -6.7% |
| 29 | TimesSquare Capital Management#29 · 369,377 sh | 369,377 | $23.2M | 0.34% | -4.9% |
| 30 | WASATCH ADVISORS#30 · 368,568 sh | 368,568 | $23.2M | — | New |
| 31 | CHARLES SCHWAB INVESTMENT MANAGEMENT#31 · 335,834 sh | 335,834 | $21.1M | <0.01% | +2.3% |
| 32 | Tri Locum Partners#32 · 328,340 sh | 328,340 | $20.7M | 2.54% | +30.0% |
| 33 | MPM BioImpact#33 · 322,007 sh | 322,007 | $20.3M | 1.24% | -2.3% |
| 34 | DRIEHAUS CAPITAL MANAGEMENT#34 · 317,576 sh | 317,576 | $20.0M | 0.12% | -65.7% |
| 35 | Squarepoint Ops#35 · 295,824 sh | 295,824 | $18.6M | 0.02% | +22.7% |
| 36 | VANGUARD FIDUCIARY#36 · 286,289 sh | 286,289 | $18.0M | <0.01% | +5.0% |
| 37 | FRANKLIN RESOURCES#37 · 286,008 sh | 286,008 | $18.0M | <0.01% | -14.3% |
| 38 | Artisan Partners Limited Partnership#38 · 284,899 sh | 284,899 | $17.9M | 0.03% | -7.3% |
| 39 | Rock Springs Capital Management#39 · 277,087 sh | 277,087 | $17.4M | 0.85% | +23.1% |
| 40 | Ensign Peak Advisors#40 · 268,696 sh | 268,696 | $16.9M | 0.03% | -19.3% |
| 41 | PRICE T ROWE ASSOCIATES#41 · 260,784 sh | 260,784 | $16.4M | <0.01% | -5.1% |
| 42 | CITADEL ADVISORS#42 · 241,737 sh | 241,737 | $15.2M | <0.01% | +47.4% |
| 43 | BNP PARIBAS FINANCIAL MARKETS#43 · 201,624 sh | 201,624 | $12.7M | <0.01% | -33.6% |
| 44 | MACKENZIE FINANCIAL#44 · 191,428 sh | 191,428 | $12.0M | 0.01% | New |
| 45 | Parkman Healthcare Partners#45 · 150,000 sh | 150,000 | $9.4M | 0.97% | New |
| 46 | JPMORGAN CHASE#46 · 139,981 sh | 139,981 | $8.7M | <0.01% | +359.3% |
| 47 | Allspring Global Investments#47 · 130,329 sh | 130,329 | $7.9M | 0.01% | -1.0% |
| 48 | Seven Fleet Capital Management#48 · 117,067 sh | 117,067 | $7.9M | 1.31% | +491.2% |
| 49 | Caption Management#49 · 120,700 sh | 120,700 | $7.6M | 0.04% | +231.2% |
| 50 | LEUCADIA NATIONAL#50 · 118,810 sh | 118,810 | $7.5M | 0.05% | 0.0% |
| 51 | FIRST ADVISORS#51 · 117,811 sh | 117,811 | $7.4M | <0.01% | -4.1% |
| 52 | Qube Research & Technologies Ltd#52 · 116,363 sh | 116,363 | $7.3M | <0.01% | -64.1% |
| 53 | Bank of New York Mellon#53 · 114,458 sh | 114,458 | $7.2M | <0.01% | +7.2% |
| 54 | WELLS FARGO & COMPANY#54 · 111,639 sh | 111,639 | $7.0M | <0.01% | +25.0% |
| 55 | Woodline Partners#55 · 100,443 sh | 100,443 | $6.3M | 0.02% | 0.0% |
| 56 | Cormorant Asset Management#56 · 100,000 sh | 100,000 | $6.3M | 0.32% | -55.6% |
| 57 | Schonfeld Strategic Advisors#57 · 99,845 sh | 99,845 | $6.3M | 0.02% | New |
| 58 | CANADA PENSION PLAN INVESTMENT BOARD#58 · 98,900 sh | 98,900 | $6.2M | <0.01% | -35.0% |
| 59 | Nuveen#59 · 96,819 sh | 96,819 | $6.1M | <0.01% | -69.3% |
| 60 | XTX Topco Ltd#60 · 95,130 sh | 95,130 | $6.0M | 0.08% | +84.2% |
| 61 | Connor, Clark & Lunn Investment Management Ltd.#61 · 90,969 sh | 90,969 | $5.7M | 0.01% | -18.4% |
| 62 | Russell Investments Group, Ltd.#62 · 89,526 sh | 89,526 | $5.6M | <0.01% | -38.6% |
| 63 | HighVista Strategies#63 · 87,060 sh | 87,060 | $5.5M | 1.25% | +65.9% |
| 64 | Sands Capital Ventures#64 · 85,000 sh | 85,000 | $5.3M | 0.87% | 0.0% |
| 65 | COMMONWEALTH EQUITY SERVICES#65 · 79,888 sh | 79,888 | $5.0M | <0.01% | -1.2% |
| 66 | UBS Group AG#66 · 73,528 sh | 73,528 | $4.6M | <0.01% | -10.5% |
| 67 | Freestone Grove Partners#67 · 68,389 sh | 68,389 | $4.3M | 0.03% | New |
| 68 | MUTUAL OF AMERICA CAPITAL MANAGEMENT#68 · 67,825 sh | 67,825 | $4.3M | — | -4.7% |
| 69 | CITIGROUP#69 · 67,298 sh | 67,298 | $4.2M | <0.01% | +23.9% |
| 70 | DEUTSCHE BANK AG\#70 · 65,457 sh | 65,457 | $4.1M | <0.01% | -46.3% |
| 71 | FEDERATED HERMES#71 · 65,096 sh | 65,096 | $4.1M | <0.01% | +32.6% |
| 72 | HEALTHCARE OF ONTARIO PENSION PLAN FUND#72 · 61,600 sh | 61,600 | $3.9M | <0.01% | -43.4% |
| 73 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#73 · 61,514 sh | 61,514 | $3.9M | <0.01% | -1.9% |
| 74 | Emerald Investment Advisers#74 · 59,747 sh | 59,747 | $3.8M | 0.25% | +49.8% |
| 75 | Swiss National Bank#75 · 59,733 sh | 59,733 | $3.8M | <0.01% | -5.1% |
| 76 | STATE OF WISCONSIN INVESTMENT BOARD#76 · 59,681 sh | 59,681 | $3.8M | <0.01% | -11.0% |
| 77 | ALLIANCEBERNSTEIN L.P.#77 · 51,029 sh | 51,029 | $3.6M | <0.01% | +25.6% |
| 78 | Eversept Partners#78 · 55,710 sh | 55,710 | $3.5M | 0.18% | New |
| 79 | Y-Intercept (Hong Kong) Ltd#79 · 54,671 sh | 54,671 | $3.4M | — | +387.7% |
| 80 | JACOBS LEVY EQUITY MANAGEMENT#80 · 53,636 sh | 53,636 | $3.4M | 0.01% | New |
| 81 | RHUMBLINE ADVISERS#81 · 52,718 sh | 52,718 | $3.3M | <0.01% | +12.3% |
| 82 | EFG International AG#82 · 46,552 sh | 46,552 | $2.9M | 0.05% | +36.4% |
| 83 | Cinctive Capital Management#83 · 46,182 sh | 46,182 | $2.9M | 0.11% | -32.8% |
| 84 | E. Ohman J:or Asset Management AB#84 · 45,794 sh | 45,794 | $2.9M | — | +8.8% |
| 85 | Trexquant Investment#85 · 44,152 sh | 44,152 | $2.8M | 0.02% | +86.6% |
| 86 | Voleon Capital Management#86 · 43,405 sh | 43,405 | $2.7M | 0.05% | -37.0% |
| 87 | ALPS ADVISORS#87 · 43,365 sh | 43,365 | $2.7M | 0.01% | +25.2% |
| 88 | AQR CAPITAL MANAGEMENT#88 · 42,003 sh | 42,003 | $2.6M | <0.01% | +37.9% |
| 89 | Odyssean#89 · 41,394 sh | 41,394 | $2.6M | 0.42% | +201.3% |
| 90 | PFM Health Sciences#90 · 40,579 sh | 40,579 | $2.6M | 0.22% | -49.4% |
| 91 | WELLINGTON MANAGEMENT GROUP LLP#91 · 40,202 sh | 40,202 | $2.5M | <0.01% | +149.9% |
| 92 | Vontobel Holding Ltd.#92 · 40,000 sh | 40,000 | $2.5M | — | +310.1% |
| 93 | Atika Capital Management#93 · 40,000 sh | 40,000 | $2.5M | 0.17% | New |
| 94 | NEW YORK STATE COMMON RETIREMENT FUND#94 · 39,303 sh | 39,303 | $2.5M | <0.01% | +9.4% |
| 95 | Baird Financial Group#95 · 38,898 sh | 38,898 | $2.4M | <0.01% | -7.3% |
| 96 | HSBC PLC#96 · 38,090 sh | 38,090 | $2.4M | <0.01% | +295.0% |
| 97 | MANUFACTURERS LIFE INSURANCE COMPANY, THE#97 · 38,198 sh | 38,198 | $2.4M | <0.01% | +2.1% |
| 98 | BARCLAYS PLC#98 · 36,658 sh | 36,658 | $2.3M | <0.01% | +30.9% |
| 99 | TWO SIGMA INVESTMENTS#99 · 36,038 sh | 36,038 | $2.3M | <0.01% | +88.9% |
| 100 | ORBIMED ADVISORS#100 · 35,581 sh | 35,581 | $2.2M | 0.04% | New |
Funds that sold out of TARS in Q2 2026 (33)
Held TARS at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| BRAIDWELL265,715 sh | 265,715 | $18.6M |
| Point72 Asset Management, L.P.226,251 sh | 226,251 | $15.9M |
| Integral Health Asset Management200,000 sh | 200,000 | $14.0M |
| M&G Plc166,364 sh | 166,364 | $11.6M |
| Ally Bridge Group (NY)80,859 sh | 80,859 | $5.7M |
| Jump Financial47,600 sh | 47,600 | $3.3M |
| Calamos Advisors43,832 sh | 43,832 | $3.1M |
| GordonMD Global Investments42,680 sh | 42,680 | $3.0M |
| Lisanti Capital Growth41,815 sh | 41,815 | $2.9M |
| NOMURA34,685 sh | 34,685 | $2.4M |
| PUBLIC SECTOR PENSION INVESTMENT BOARD32,000 sh | 32,000 | $2.2M |
| ALGERT GLOBAL31,760 sh | 31,760 | $2.2M |
| Capricorn Fund Managers Ltd26,000 sh | 26,000 | $1.8M |
| DIADEMA PARTNERS25,942 sh | 25,942 | $1.8M |
| Man Group plc23,252 sh | 23,252 | $1.6M |
| CAXTON ASSOCIATES LLP15,163 sh | 15,163 | $1.1M |
| ZACKS INVESTMENT MANAGEMENT14,879 sh | 14,879 | $1.0M |
| Legato Capital Management9,465 sh | 9,465 | $664.0K |
| Persistent Asset Partners Ltd6,556 sh | 6,556 | $459.9K |
| Verdad Advisers6,328 sh | 6,328 | $443.9K |
| Headlands Technologies4,322 sh | 4,322 | $303.2K |
| GUGGENHEIM CAPITAL3,688 sh | 3,688 | $258.7K |
| Lighthouse Investment Partners3,287 sh | 3,287 | $230.6K |
| M&T BANK3,027 sh | 3,027 | $212.3K |
| QUADRANT CAPITAL GROUP12 sh | 12 | $49.4K |
| ANTIPODES PARTNERS Ltd555 sh | 555 | $38.9K |
| MAI Capital Management299 sh | 299 | $21.0K |
| Advisory Services Network190 sh | 190 | $13.3K |
| LRI Investments41 sh | 41 | $2.9K |
| Larson Financial Group36 sh | 36 | $2.5K |
| Bare Financial Services13 sh | 13 | $912.00 |
| CULLEN/FROST BANKERS6 sh | 6 | $421.00 |
| TWIN PEAKS WEALTH ADVISORS1 sh | 1 | $70.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.