$TARS

$70.76 +$0.73 (1.04%) Close

$TARS Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 43.9M shares outstanding

Who owns TARS?

By type of holder

Institutions 100.0% Insiders 0.0% Everyone else 0.0%

Concentration Top 10 holders own 57.6%

BlackRock, Inc. 8.8% · Deep Track Capital, LP 8.4%

Institutional ownership

100.0%

0 pts vs last qtr

Institutional holders

255

+3 vs last qtr

Net shares bought

+2.2M

by institutions in Q2 2026

New / sold out

39 / 36

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Jupiter Topco LLC NEW +2.8M
Millennium Management LLC +862.5K

Biggest sellers in Q2 2026

Janus Henderson Group PLC SOLD OUT −2.2M
Driehaus Capital Management LLC −608.5K

Who is planning to sell?

Notices of proposed sale, last 12 months

$36M

47 notices from 12 people

Shares covered

491.6K

1.12% of the company

Arranged in advance

33%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Mottiwala Aziz Former officer $17M
William J Link Director 10b5-1 $2.86M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2020–FY2025

+573.1%

+46.43% a year

Each share's claim on the business

−85.1%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $112M

over 6 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years36% 3–5 years12% 1–3 years34% Under 1 year18%

Quarterly turnover

17.3%

of institutional shares changed hands

Top 10 managers, median time held

4.3 years

Super Investors

Investment managers reporting TARS on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	3.9M	8.79%	+303.5K (+8.5%)	≤2021	0.0%
Shares held by quarter Peak holding3.9M (Q2'26) Change over 8 quarters+100.6K Share of the company8.790% BlackRock, Inc.'s full portfolio →
DT Deep Track Capital, LP	3.7M	8.36%	+66.8K (+1.9%)	2025	3.4%
Shares held by quarter Peak holding3.7M (Q2'26) Change over 8 quarters+3.7M Share of the company8.360% Deep Track Capital, LP's full portfolio →

BlackRock, Inc.

3.9M

% of company

8.79%

Change vs last qtr

+303.5K (+8.5%)

Held since

≤2021

Deep Track Capital, LP

3.7M

% of company

8.36%

Change vs last qtr

+66.8K (+1.9%)

Held since

2025

28 more super investors behind a free account

See every manager holding Tarsus Pharmaceuticals, Inc., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting TARS on Form N-PORT; together they hold 31.7% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$81.5M	1.3M	2.95%	0.00%	June 30, 2026
IR iShares Russell 2000 ETF iShares Trust	$68.6M	1.1M	2.48%	0.08%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$81.5M

% of company

2.95%

% of the fund

0.00%

As of

June 30, 2026

iShares Russell 2000 ETF

iShares Trust

Position value

$68.6M

% of company

2.48%

% of the fund

0.08%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Tarsus Pharmaceuticals, Inc. and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
AB Azamian Bobak R. Insider	1.9M	4.43%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company4.430% Azamian Bobak R.'s insider activity →
LW Link William J PHD Insider	94.5K	0.22%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.220% Link William J PHD's insider activity →

Azamian Bobak R.

Insider

1.9M

% of company

4.43%

Change vs last qtr

—

Held since

—

Link William J PHD

Insider

94.5K

% of company

0.22%

Change vs last qtr

—

Held since

—

12 more holders behind a free account

See every insider and 5%+ holder of Tarsus Pharmaceuticals, Inc..

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