TARSUS PHARMACEUTICALS INC (TARS)
Institutional ownership reported to the SEC as of Q2 2026, across 24 quarters.
Institutions report 48,279,151 shares against 43,882,996 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Over 100% because an adviser and a sub-adviser can both report the same shares, and both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $242.7M | 3,856,137 | 0.00% | 8q | +8.5%+$19.1M |
| Deep Track Capital, LP | $230.8M | 3,666,768 | 3.36% | 6q | +1.9%+$4.2M |
| RTW INVESTMENTS, LP | $211.3M | 3,357,059 | 1.80% | 23q | HELD |
| Jupiter Topco LLC | $176.8M | 2,808,796 | 0.07% | new | FIRST |
| Paradigm Biocapital Advisors LP | $174.7M | 2,775,649 | 3.27% | 11q | +8.3%+$13.4M |
| Assenagon Asset Management S.A. | $119.3M | 1,894,990 | 0.07% | 9q | +48.0%+$38.7M |
| MORGAN STANLEY | $115.0M | 1,827,082 | 0.01% | 21q | -6.0%-$7.4M |
| VANGUARD CAPITAL MANAGEMENT LLC | $112.9M | 1,793,064 | 0.00% | 2q | +1.8%+$2.0M |
| JENNISON ASSOCIATES LLC | $104.7M | 1,663,655 | 0.06% | 10q | -2.8%-$3.1M |
| TANG CAPITAL MANAGEMENT LLC | $98.7M | 1,568,266 | 4.48% | 18q | +31.9%+$23.9M |
| MILLENNIUM MANAGEMENT LLC | $91.7M incl. $1.9M options CALL | 1,427,124 | 0.03% | 14q | +152.8%+$55.4M |
| BANK OF AMERICA CORP /DE/ | $75.1M | 1,193,182 | 0.00% | 23q | HELD |
| GEODE CAPITAL MANAGEMENT, LLC | $69.6M | 1,105,689 | 0.00% | 23q | -1.4%-$969.6K |
| STATE STREET CORP | $67.5M | 1,072,951 | 0.00% | 23q | +9.7%+$6.0M |
| Vestal Point Capital, LP | $66.1M | 1,050,000 | 1.54% | 2q | +425.0%+$53.5M |
| Invesco Ltd. | $49.5M | 785,808 | 0.00% | 11q | +5.8%+$2.7M |
| GOLDMAN SACHS GROUP INC | $46.7M | 742,693 | 0.00% | 22q | +68.9%+$19.1M |
| Frazier Life Sciences Management, L.P. | $45.9M | 728,644 | 1.00% | 18q | HELD |
| D. E. Shaw & Co., Inc. | $44.7M | 710,559 | 0.02% | 11q | -10.2%-$5.1M |
| FMR LLC | $42.4M | 672,949 | 0.00% | 18q | -8.2%-$3.8M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $38.2M | 607,272 | 0.06% | 3q | +21.5%+$6.8M |
| TORONTO DOMINION BANK | $35.1M incl. $3.0M options CALL | 510,253 | 0.04% | 7q | HELD |
| Clearbridge Investments, LLC | $34.6M | 549,387 | 0.03% | 5q | +0.7%+$254.0K |
| Caption Management, LLC | $33.4M incl. $25.8M options PUT | 120,700 | 0.16% | 4q | +231.2%+$23.3M |
| LORD, ABBETT & CO. LLC | $30.2M | 479,266 | 0.09% | 10q | -43.1%-$22.9M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $26.9M | 427,008 | 0.01% | new | NEW |
| NORTHERN TRUST CORP | $24.3M | 386,611 | 0.00% | 23q | +9.5%+$2.1M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $24.2M | 385,137 | 0.00% | 2q | +14.7%+$3.1M |
| LOOMIS SAYLES & CO L P | $24.0M | 380,684 | 0.03% | 4q | -6.7%-$1.7M |
| TimesSquare Capital Management, LLC | $23.2M | 369,377 | 0.34% | 4q | -4.9%-$1.2M |
| WASATCH ADVISORS LP | $23.2M | 368,568 | 0.15% | new | NEW |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $21.1M | 335,834 | 0.00% | 23q | +2.3%+$482.9K |
| Tri Locum Partners LP | $20.7M | 328,340 | 2.54% | 2q | +30.0%+$4.8M |
| MPM BIOIMPACT LLC | $20.3M | 322,007 | 1.24% | 5q | -2.3%-$487.3K |
| Driehaus Capital Management LLC | $20.0M | 317,576 | 0.12% | 6q | -65.7%-$38.3M |
| Squarepoint Ops LLC | $18.6M | 295,824 | 0.02% | 8q | +22.7%+$3.4M |
| VANGUARD FIDUCIARY TRUST CO | $18.0M | 286,289 | 0.00% | 2q | +5.0%+$852.6K |
| FRANKLIN RESOURCES INC | $18.0M | 286,008 | 0.00% | 9q | -14.3%-$3.0M |
| Artisan Partners Limited Partnership | $17.9M | 284,899 | 0.03% | 12q | -7.3%-$1.4M |
| Rock Springs Capital Management LP | $17.4M | 277,087 | 0.85% | 7q | +23.1%+$3.3M |
| CITADEL ADVISORS LLC | $17.3M incl. $2.0M options CALL+PUT | 241,737 | 0.00% | 2q | +47.4%+$5.5M |
| Ensign Peak Advisors, Inc | $16.9M | 268,696 | 0.03% | 23q | -19.3%-$4.0M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $16.8M incl. $14.7M options CALL+PUT | 33,290 | 0.00% | 13q | +100.1%+$8.4M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $16.4M | 260,784 | 0.00% | 10q | -5.1%-$882.5K |
| BNP PARIBAS FINANCIAL MARKETS | $12.7M | 201,624 | 0.00% | 7q | -33.6%-$6.4M |
| MACKENZIE FINANCIAL CORP | $12.0M | 191,428 | 0.01% | new | NEW |
| JANE STREET GROUP, LLC | $12.0M CALL | options only | 0.00% | 4q | OPTIONS |
| Parkman Healthcare Partners LLC | $9.4M | 150,000 | 0.97% | new | NEW |
| JPMORGAN CHASE & CO | $8.7M | 139,981 | 0.00% | 23q | +359.3%+$6.8M |
| Allspring Global Investments Holdings, LLC | $7.9M | 130,329 | 0.01% | 19q | -1.0%-$78.1K |
| Seven Fleet Capital Management LP | $7.9M | 117,067 | 1.31% | 3q | +491.2%+$6.6M |
| Jefferies Financial Group Inc. | $7.5M | 118,810 | 0.05% | 15q | HELD |
| FIRST TRUST ADVISORS LP | $7.4M | 117,811 | 0.00% | 5q | -4.1%-$321.0K |
| Qube Research & Technologies Ltd | $7.3M | 116,363 | 0.01% | 11q | -64.1%-$13.1M |
| Bank of New York Mellon Corp | $7.2M | 114,458 | 0.00% | 23q | +7.2%+$483.1K |
| WELLS FARGO & COMPANY/MN | $7.0M | 111,639 | 0.00% | 20q | +25.0%+$1.4M |
| Woodline Partners LP | $6.3M | 100,443 | 0.02% | 8q | HELD |
| Cormorant Asset Management, LP | $6.3M | 100,000 | 0.32% | 23q | -55.6%-$7.9M |
| Schonfeld Strategic Advisors LLC | $6.3M | 99,845 | 0.02% | new | NEW |
| CANADA PENSION PLAN INVESTMENT BOARD | $6.2M | 98,900 | 0.00% | 9q | -35.0%-$3.4M |
| Nuveen, LLC | $6.1M | 96,819 | 0.00% | 6q | -69.3%-$13.8M |
| XTX Topco Ltd | $6.0M | 95,130 | 0.08% | 5q | +84.2%+$2.7M |
| Connor, Clark & Lunn Investment Management Ltd. | $5.7M | 90,969 | 0.01% | 5q | -18.4%-$1.3M |
| Russell Investments Group, Ltd. | $5.6M | 89,526 | 0.00% | 14q | -38.6%-$3.5M |
| HighVista Strategies LLC | $5.5M | 87,060 | 1.25% | 5q | +65.9%+$2.2M |
| Sands Capital Alternatives, LLC | $5.3M | 85,000 | 0.87% | 20q | HELD |
| COMMONWEALTH EQUITY SERVICES, LLC | $5.0M | 79,888 | 0.01% | 6q | -1.2%-$63.2K |
| UBS Group AG | $4.6M | 73,528 | 0.00% | 20q | -10.5%-$541.0K |
| Freestone Grove Partners LP | $4.3M | 68,389 | 0.03% | new | NEW |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | $4.3M | 67,825 | 0.04% | 8q | -4.7%-$208.3K |
| CITIGROUP INC | $4.2M | 67,298 | 0.00% | 23q | +23.9%+$815.9K |
| DEUTSCHE BANK AG\ | $4.1M | 65,457 | 0.00% | 23q | -46.3%-$3.6M |
| FEDERATED HERMES, INC. | $4.1M | 65,096 | 0.01% | 7q | +32.6%+$1.0M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $3.9M | 61,600 | 0.01% | 4q | -43.4%-$3.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $3.9M | 61,514 | 0.00% | 10q | -1.9%-$75.0K |
| Emerald Investment Advisers, LLC | $3.8M | 59,747 | 0.25% | 2q | +49.8%+$1.2M |
| Swiss National Bank | $3.8M | 59,733 | 0.00% | 15q | -5.1%-$201.4K |
| STATE OF WISCONSIN INVESTMENT BOARD | $3.8M | 59,681 | 0.01% | 15q | -11.0%-$466.1K |
| ALLIANCEBERNSTEIN L.P. | $3.6M | 51,029 | 0.00% | 13q | +25.6%+$730.5K |
| Eversept Partners, LP | $3.5M | 55,710 | 0.18% | new | NEW |
| Y-Intercept (Hong Kong) Ltd | $3.4M | 54,671 | 0.07% | 4q | +387.7%+$2.7M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $3.4M | 53,636 | 0.01% | new | NEW |
| RHUMBLINE ADVISERS | $3.3M | 52,718 | 0.00% | 17q | +12.3%+$362.5K |
| EFG International AG | $2.9M | 46,552 | 0.05% | 2q | +36.4%+$782.1K |
| Cinctive Capital Management LP | $2.9M | 46,182 | 0.11% | 3q | -32.8%-$1.4M |
| E. Ohman J:or Asset Management AB | $2.9M | 45,794 | 0.07% | 10q | +8.8%+$233.3K |
| Trexquant Investment LP | $2.8M | 44,152 | 0.02% | 5q | +86.6%+$1.3M |
| Voleon Capital Management LP | $2.7M | 43,405 | 0.05% | 4q | -37.0%-$1.6M |
| ALPS ADVISORS INC | $2.7M | 43,365 | 0.01% | 15q | +25.2%+$548.7K |
| AQR CAPITAL MANAGEMENT LLC | $2.6M | 42,003 | 0.00% | 10q | +37.9%+$727.0K |
| Odyssean, LLC | $2.6M | 41,394 | 0.42% | 3q | +201.3%+$1.7M |
| PFM Health Sciences, LP | $2.6M | 40,579 | 0.22% | 3q | -49.4%-$2.5M |
| WELLINGTON MANAGEMENT GROUP LLP | $2.5M | 40,202 | 0.00% | 10q | +149.9%+$1.5M |
| Vontobel Holding Ltd. | $2.5M | 40,000 | 0.01% | 3q | +310.1%+$1.9M |
| Atika Capital Management LLC | $2.5M | 40,000 | 0.17% | new | NEW |
| NEW YORK STATE COMMON RETIREMENT FUND | $2.5M | 39,303 | 0.00% | 23q | +9.4%+$213.1K |
| Baird Financial Group, Inc. | $2.4M | 38,898 | 0.00% | 10q | -7.3%-$193.8K |
| HSBC HOLDINGS PLC | $2.4M | 38,090 | 0.00% | 2q | +295.0%+$1.8M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $2.4M | 38,198 | 0.00% | 11q | +2.1%+$50.0K |
| BARCLAYS PLC | $2.3M | 36,658 | 0.00% | 18q | +30.9%+$544.7K |
Showing the largest 100 of 259 reported holders.
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-09-10 | 2026-09-04 | Acquisition or disposal completed | filing |
| 2026-08-06 | 2026-08-05 | Material agreement entered | filing |
| 2026-08-06 | 2026-07-31 | Material agreement entered | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-09-04 | Lin Elizabeth Yeu | Chief Medical Officer | Sold | 13,953 | $1.2M ×4 |
| 2026-09-15 | LINK WILLIAM J PHD | Director | Sold | 12,500 | $979.7K ×3 |
| 2026-09-04 | Azamian Bobak R. | President/CEO and Board Chair | Sold | 10,000 | $905.6K ×2 |
| 2026-06-16 | Farrow Jeffrey S | See Remarks | Sold | 14,396 | $877.4K |
| 2026-09-02 | Azamian Bobak R. | President/CEO and Board Chair | Sold | 10,000 | $800.6K |
| 2026-06-15 | LINK WILLIAM J PHD | Director | Sold | 12,500 | $776.5K ×2 |
| 2026-06-17 | Azamian Bobak R. | President/CEO and Board Chair | Sold | 10,000 | $615.5K ×2 |
| 2026-09-02 | Lin Elizabeth Yeu | Chief Medical Officer | Sold | 6,977 | $558.2K ×2 |
| 2026-09-04 | Neervannan Seshadri | Chief Operating Officer | Sold | 4,564 | $387.9K |
| 2026-09-01 | Lin Elizabeth Yeu | Chief Medical Officer | Sold | 4,601 | $339.8K |
| 2026-06-15 | Goodrich Katherine | Director | Sold | 2,954 | $183.4K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 43 | $110.4M | 1,404,689 | 5 | 12 | 10 | 0.0% |
| Q2 2026 | 259 | $3.1B | 48,279,151 | 37 | 101 | 82 | 1.9% |
| Q1 2026 | 255 | $3.2B | 45,142,320 | 42 | 84 | 79 | 1.1% |
| Q4 2025 | 248 | $3.6B | 44,051,178 | 44 | 79 | 83 | 0.8% |
| Q3 2025 | 222 | $2.7B | 44,971,108 | 39 | 64 | 90 | 0.2% |
| Q2 2025 | 206 | $1.9B | 46,320,909 | 42 | 86 | 50 | 0.0% |
| Q1 2025 | 196 | $2.3B | 43,989,199 | 36 | 65 | 67 | 0.1% |
| Q4 2024 | 197 | $2.3B | 40,261,681 | 46 | 62 | 54 | 1.0% |
| Q3 2024 | 164 | $1.5B | 43,877,112 | 38 | 52 | 44 | 1.2% |
| Q2 2024 | 151 | $1.1B | 40,564,903 | 27 | 64 | 40 | 2.2% |
| Q1 2024 | 156 | $1.6B | 44,271,042 | 46 | 60 | 32 | 0.7% |
| Q4 2023 | 117 | $703.2M | 34,539,025 | 25 | 47 | 21 | 0.5% |
| Q3 2023 | 107 | $530.3M | 29,793,106 | 27 | 48 | 12 | 0.2% |
| Q2 2023 | 92 | $387.7M | 21,435,682 | 26 | 37 | 13 | 0.1% |
| Q1 2023 | 74 | $252.3M | 20,066,681 | 10 | 26 | 20 | 0.0% |
| Q4 2022 | 71 | $301.9M | 20,531,282 | 11 | 24 | 18 | 0.3% |
| Q3 2022 | 73 | $372.7M | 21,694,169 | 7 | 24 | 21 | 0.4% |
| Q2 2022 | 72 | $311.4M | 21,251,097 | 24 | 31 | 8 | 0.4% |
| Q1 2022 | 51 | $222.9M | 13,253,381 | 7 | 10 | 17 | 0.0% |
| Q4 2021 | 43 | $324.4M | 14,412,438 | 1 | 19 | 7 | 0.0% |
| Q3 2021 | 44 | $278.2M | 12,908,506 | 5 | 9 | 18 | 0.0% |
| Q2 2021 | 44 | $416.2M | 14,362,148 | 10 | 18 | 9 | 0.0% |
| Q1 2021 | 41 | $410.5M | 12,765,889 | 5 | 11 | 12 | 0.0% |
| Q4 2020 | 39 | $617.3M | 15,025,082 | 39 | 0 | 0 | 0.0% |
