Who Owns Tarsus Pharmaceuticals, Inc. (TARS)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$InfinityT
% of Float Held
4.7503822053893914e+290%
QoQ Change in Holders
+3 / -7
Price History
TARS — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| JENNISON ASSOCIATES LLC | New Position | +2.2M | +$182.6B |
| JANUS HENDERSON GROUP PLC | Increased | +491K | +$71.4B |
| BANK OF AMERICA CORP /DE/ | Increased | +222K | +$60.0B |
| FMR LLC | Increased | +625K | +$52.0B |
| DRIEHAUS CAPITAL MANAGEMENT LLC | Increased | +141K | +$34.7B |
| Invesco Ltd. | Increased | +75K | +$27.2B |
| FRANKLIN RESOURCES INC | Increased | +315K | +$24.7B |
| M&T BANK CORP | Increased | +433K | +$18.4B |
| D. E. Shaw & Co., Inc. | Increased | +17K | +$14.4B |
| LOOMIS SAYLES & CO L P | Increased | +52K | +$11.8B |
| TimesSquare Capital Management, LLC | Increased | +65K | +$11.3B |
| GOLDMAN SACHS GROUP INC | Increased | +38K | +$9.7B |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | New Position | +114K | +$9.0B |
| Universal- Beteiligungs- und Servicegesellschaft mbH | New Position | +110K | +$9.0B |
| Connor, Clark & Lunn Investment Management Ltd. | Increased | +69K | +$7.8B |
TARS — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| Paradigm Biocapital Advisors LP | Decreased | -104K | -$158.4B |
| MACQUARIE GROUP LTD | Closed Position | -833K | -$49.5B |
| TANG CAPITAL MANAGEMENT LLC | Decreased | -1.3M | -$48.6B |
| Qube Research & Technologies Ltd | Decreased | -121K | -$31.0B |
| Frazier Life Sciences Management, L.P. | Decreased | -439K | -$9.7B |
| Affinity Asset Advisors, LLC | Closed Position | -125K | -$7.4B |
| Tri Locum Partners LP | Closed Position | -119K | -$7.1B |
| Capitolis Liquid Global Markets LLC | Closed Position | -103K | -$6.1B |
| Jump Financial, LLC | Decreased | -138K | -$5.8B |
| DIMENSIONAL FUND ADVISORS LP | Closed Position | -91K | -$5.4B |
| Squarepoint Ops LLC | Decreased | -60K | -$4.8B |
| Cubist Systematic Strategies, LLC | Closed Position | -74K | -$4.4B |
| Ikarian Capital, LLC | Decreased | -42K | -$4.4B |
| Ally Bridge Group (NY) LLC | Closed Position | -71K | -$4.2B |
| JANE STREET GROUP, LLC | Decreased | -40K | -$3.6B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | JENNISON ASSOCIATES LLC | 1,896,415 | $155.3B | 93.22% | Share |
| 2 | JANUS HENDERSON GROUP PLC | 1,864,289 | $152.0B | 68.07% | Share |
| 3 | TANG CAPITAL MANAGEMENT LLC | 1,188,624 | $97.3B | 4.81% | Share |
| 4 | DRIEHAUS CAPITAL MANAGEMENT LLC | 1,172,427 | $96.0B | 652.07% | Share |
| 5 | Assenagon Asset Management S.A. | 1,127,730 | $92.3B | 127.12% | Share |
| 6 | Invesco Ltd. | 836,518 | $68.5B | 10.50% | Share |
| 7 | Frazier Life Sciences Management, L.P. | 728,644 | $59.7B | 1.60% | Share |
| 8 | TORONTO DOMINION BANK | 510,253 | $41.0B | 60.51% | Share |
| 9 | Clearbridge Investments, LLC | 506,089 | $41.0B | 32.83% | Share |
| 10 | Ensign Peak Advisors, Inc | 474,050 | $38.0B | 67.12% | Share |
| 11 | Artisan Partners Limited Partnership | 436,576 | $35.0B | 52.40% | Share |
| 12 | D. E. Shaw & Co., Inc. | 417,839 | $34.0B | 18.64% | Share |
| 13 | BANK OF AMERICA CORP /DE/ | 401,270 | $32.0B | 2.33% | Share |
| 14 | FMR LLC | 358,419 | $29.0B | 1.48% | Share |
| 15 | LOOMIS SAYLES & CO L P | 360,771 | $29.0B | 34.96% | Share |
| 16 | JENNISON ASSOCIATES LLC | 333,654 | $27.3B | 16.40% | Share |
| 17 | TimesSquare Capital Management, LLC | 332,446 | $27.2B | 410.04% | Share |
| 18 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 333,111 | $27.0B | 4.20% | Share |
| 19 | NORTHERN TRUST CORP | 309,601 | $25.0B | 3.19% | Share |
| 20 | FMR LLC | 288,633 | $23.0B | 1.17% | Share |
| 21 | BANK OF AMERICA CORP /DE/ | 268,763 | $22.0B | 1.60% | Share |
| 22 | Rock Springs Capital Management LP | 260,344 | $21.3B | 1.09% | Share |
| 23 | Cormorant Asset Management, LP | 250,000 | $20.5B | 0.95% | Share |
| 24 | GOLDMAN SACHS GROUP INC | 250,656 | $20.0B | 2.47% | Share |
| 25 | Nuveen, LLC | 241,219 | $19.0B | 4.98% | Share |
| 26 | FRANKLIN RESOURCES INC | 232,482 | $19.0B | 4.66% | Share |
| 27 | Integral Health Asset Management, LLC | 200,000 | $16.4B | 0.81% | Share |
| 28 | D. E. Shaw & Co., Inc. | 197,317 | $16.0B | 8.77% | Share |
| 29 | Connor, Clark & Lunn Investment Management Ltd. | 173,275 | $14.0B | 36.72% | Share |
| 30 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 161,830 | $13.0B | 21.74% | Share |
| 31 | ORBIMED ADVISORS LLC | 154,400 | $12.6B | 0.26% | Share |
| 32 | CANADA PENSION PLAN INVESTMENT BOARD | 151,100 | $12.0B | 8.03% | Share |
| 33 | Invesco Ltd. | 143,074 | $11.7B | 1.80% | Share |
| 34 | Jump Financial, LLC | 127,614 | $10.0B | 122.85% | Share |
| 35 | GOLDMAN SACHS GROUP INC | 125,197 | $10.0B | 1.23% | Share |
| 36 | M&T BANK CORP | 91,359 | $9.1B | 29.30% | Share |
| 37 | DEUTSCHE BANK AG\ | 116,091 | $9.0B | 2.93% | Share |
| 38 | MILLENNIUM MANAGEMENT LLC | 117,004 | $9.0B | 3.78% | Share |
| 39 | MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | 114,460 | $9.0B | 94.61% | Share |
| 40 | FIRST TRUST ADVISORS LP | 111,770 | $9.0B | 6.54% | Share |
| 41 | Universal- Beteiligungs- und Servicegesellschaft mbH | 109,857 | $9.0B | 14.60% | Share |
| 42 | Caption Management, LLC | 100,000 | $8.2B | 56.15% | Call |
| 43 | Woodline Partners LP | 100,154 | $8.0B | 31.00% | Share |
| 44 | Sands Capital Alternatives, LLC | 85,000 | $7.0B | 1.34% | Share |
| 45 | LOOMIS SAYLES & CO L P | 81,102 | $6.0B | 7.23% | Share |
| 46 | WELLS FARGO & COMPANY/MN | 76,041 | $6.0B | 1.09% | Share |
| 47 | BARCLAYS PLC | 80,763 | $6.0B | 1.44% | Share |
| 48 | PDT Partners, LLC | 63,026 | $5.2B | 0.33% | Share |
| 49 | TD ASSET MANAGEMENT INC | 64,012 | $5.0B | 4.02% | Share |
| 50 | JANUS HENDERSON GROUP PLC | 61,185 | $5.0B | 2.24% | Share |
TARS Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 245 | $1.6T | +78 |
| Q3 2025 | 167 | $1.5T | -4 |
| Q2 2025 | 171 | $1.1T | -23 |
| Q1 2025 | 194 | $1.9T | +9 |
| Q4 2024 | 185 | $2.1T | +46 |
| Q3 2024 | 139 | $17.4T | +11 |
| Q2 2024 | 128 | $15.2T | -2 |
| Q1 2024 | 130 | $13.5T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold TARS (Tarsus Pharmaceuticals, Inc.). The largest holder is JENNISON ASSOCIATES LLC with $155.3B in shares. This quarter, 3 institutions opened new positions and 7 closed their positions.
Frequently Asked Questions
How many hedge funds own TARS?
As of Q4 2025, 50 institutional investors report holding TARS (Tarsus Pharmaceuticals, Inc.) in their 13F filings.
Who is the largest institutional holder of TARS?
The largest institutional holder of TARS is JENNISON ASSOCIATES LLC with $155.3B in shares.
Is institutional ownership of TARS increasing or decreasing?
This quarter, 3 institutions opened new positions in TARS and 7 closed their positions.