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ARQT — ARCUTIS BIOTHERAPEUTICS INC

Reported value held$1.38B
Funds holding (latest)42
SectorHealth Care
Funds holding (Q2 2026)37
Institutional value$1.12B · 42.70M sh
New / Add / Cut / Exit3 / 20 / 12 / 2
Top-5 / Top-10 concentration59.4% / 80.8%
Institutional holdings change Accumulating +4.9% (+1.99M sh)
Institutional value change Up +17.6%

As of Q2 2026, 37 SEC-registered investment managers reported holding ARQT (ARCUTIS BIOTHERAPEUTICS INC) in their latest 13F filings, with a combined reported value of $1.12B across 42.70M shares. That is +4.9% by share count (+1.99M shares) versus the previous quarter, while reported value moved +17.6%. Ownership is concentrated: the five largest holders account for 59.4% of reported value and the top ten for 80.8%.

Compared with the prior quarter, 3 opened new positions, 20 added to existing stakes, 12 trimmed, 2 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.

ARQT is classified in the Health Care sector.

All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.

Q2 2026 — 37 funds

FundSharesValuePortfolio WeightChange
BlackRock Inc history 10.55M $276.50M 0.00% Add
Morgan Stanley history 4.45M $116.71M 0.01% Add
D. E. Shaw & Co history 3.95M $103.56M 0.05% Add
UBS Group AG history 3.33M $87.39M 0.01% Hold
Bank of America Corp history 2.99M $78.33M 0.01% Add
Geode Capital Management history 2.98M $78.21M 0.00% Reduce
Franklin Resources history 1.93M $50.63M 0.01% Reduce
Goldman Sachs Group history 1.67M $43.74M 0.00% Add
Citadel Advisors history 1.27M $33.26M 0.00% Add
Baron Funds history 1.25M $32.86M 0.08% Add
Northern Trust Corp history 1.06M $27.76M 0.00% Add
Charles Schwab Investment Management history 1.05M $27.56M 0.00% Add
Manulife Financial history 811.75K $21.28M 0.02% Add
Two Sigma Investments history 663.88K $17.41M 0.01% Add
Millennium Management history 564.07K $14.79M 0.01% Add
Marshall Wace history 446.87K $11.72M 0.01% Reduce
Norges Bank Investment Management history 392.30K $10.29M 0.00% Add
Deutsche Bank AG history 382.68K $10.03M 0.00% Reduce
Point72 Asset Management history 362.45K $9.50M 0.01% Reduce
AQR Capital Management history 330.32K $8.66M 0.00% Reduce
BNY Mellon history 330.09K $8.66M 0.00% Add
Fidelity Management & Research (FMR) history 305.97K $8.02M 0.00% Add
Invesco Ltd history 264.91K $6.95M 0.00% Add
Balyasny Asset Management history 243.12K $6.37M 0.01% New
Principal Global Investors history 183.66K $4.82M 0.00% Add
Citigroup Inc history 151.39K $3.97M 0.00% Add
Lazard Asset Management history 133.15K $3.49M 0.01% Reduce
Wells Fargo & Co history 109.08K $2.86M 0.00% Reduce
JPMorgan Chase & Co history 97.97K $2.76M 0.00% New
Legal & General Investment Management America history 100.81K $2.64M 0.00% Add
Renaissance Technologies history 58.40K $1.53M 0.00% Reduce
Wellington Management Group history 41.38K $1.08M 0.00% Reduce
CPP Investments history 36.20K $949.16K 0.00% New
Prudential Financial history 25.91K $679.49K 0.00% Reduce
PNC Financial Services history 21.11K $553.37K 0.00% Add
Amundi US history 9.09K $238.37K 0.00% Hold
T. Rowe Price Associates history 157.78K $4.14K 0.00% Reduce

Q1 2026 — 35 funds

FundSharesValuePortfolio WeightChange
BlackRock Inc history 9.20M $216.76M 0.00% Add
Morgan Stanley history 4.22M $99.40M 0.01% Reduce
UBS Group AG history 3.33M $78.44M 0.01% Add
Geode Capital Management history 3.05M $71.76M 0.00% Add
D. E. Shaw & Co history 2.50M $58.81M 0.04% Reduce
Marshall Wace history 2.43M $57.29M 0.06% Add
Franklin Resources history 2.30M $54.14M 0.01% Add
Bank of America Corp history 2.22M $52.33M 0.00% Add
Janus Henderson Group history 1.85M $43.68M 0.02% Add
Goldman Sachs Group history 1.60M $37.77M 0.00% Add
Baron Funds history 1.07M $25.26M 0.08% Add
Charles Schwab Investment Management history 1.01M $23.86M 0.00% Hold
Northern Trust Corp history 976.51K $23.01M 0.00% Add
Point72 Asset Management history 590.88K $13.92M 0.02% Add
Manulife Financial history 503.86K $11.87M 0.01% Add
AQR Capital Management history 468.25K $11.03M 0.01% Reduce
Renaissance Technologies history 441.00K $10.39M 0.02% Add
Deutsche Bank AG history 389.85K $9.18M 0.00% Reduce
BNY Mellon history 305.53K $7.20M 0.00% Hold
Fidelity Management & Research (FMR) history 278.74K $6.57M 0.00% Add
Prudential Financial history 256.55K $6.04M 0.01% Add
Two Sigma Investments history 234.31K $5.52M 0.01% Reduce
Wells Fargo & Co history 197.81K $4.66M 0.00% Reduce
Principal Global Investors history 168.83K $3.98M 0.00% New
Lazard Asset Management history 154.57K $3.64M 0.01% Add
Invesco Ltd history 139.84K $3.29M 0.00% Reduce
Citadel Advisors history 98.21K $2.31M 0.00% Reduce
Legal & General Investment Management America history 84.88K $2.00M 0.00% Reduce
Millennium Management history 49.33K $1.16M 0.00% Reduce
Citigroup Inc history 48.34K $1.14M 0.00% Reduce
Wellington Management Group history 44.37K $1.05M 0.00% Reduce
Farallon Capital Management history 26.00K $612.56K 0.00% Hold
PNC Financial Services history 17.60K $414.59K 0.00% Add
Amundi US history 9.09K $214.18K 0.00% New
T. Rowe Price Associates history 448.21K $10.56K 0.00% Reduce

Q4 2025 — 36 funds

FundSharesValuePortfolio WeightChange
BlackRock Inc history 9.10M $264.25M 0.01% Add
Vanguard Group history 7.25M $210.65M 0.00% Add
Morgan Stanley history 4.34M $126.04M 0.01% Add
UBS Group AG history 3.24M $94.19M 0.02% Add
Geode Capital Management history 2.75M $79.97M 0.01% Add
D. E. Shaw & Co history 2.68M $77.92M 0.05% Add
Franklin Resources history 1.90M $55.18M 0.01% Reduce
Janus Henderson Group history 1.83M $53.15M 0.02% Reduce
Bank of America Corp history 1.67M $48.60M 0.00% Add
Goldman Sachs Group history 1.58M $45.78M 0.01% Reduce
Charles Schwab Investment Management history 1.01M $29.47M 0.01% Add
Northern Trust Corp history 955.24K $27.74M 0.00% Add
Deutsche Bank AG history 930.20K $27.01M 0.01% Add
Baron Funds history 504.70K $14.66M 0.04% New
AQR Capital Management history 499.42K $14.50M 0.01% Add
Marshall Wace history 454.23K $13.19M 0.01% Add
Point72 Asset Management history 425.15K $12.35M 0.01% New
Two Sigma Investments history 400.86K $11.64M 0.02% Add
Invesco Ltd history 307.38K $8.93M 0.00% Add
BNY Mellon history 304.43K $8.84M 0.00% Reduce
Citadel Advisors history 301.06K $8.74M 0.00% Add
Wells Fargo & Co history 284.24K $8.25M 0.00% Add
Renaissance Technologies history 274.00K $7.96M 0.01% New
Millennium Management history 236.77K $6.88M 0.00% Add
Prudential Financial history 234.91K $6.82M 0.01% Add
Fidelity Management & Research (FMR) history 205.42K $5.97M 0.00% Add
Norges Bank Investment Management history 174.82K $5.08M 0.00% Hold
Manulife Financial history 125.98K $3.59M 0.00% Add
JPMorgan Chase & Co history 106.49K $3.09M 0.00% Add
Legal & General Investment Management America history 104.01K $3.02M 0.00% Reduce
Lazard Asset Management history 93.35K $2.71M 0.01% Reduce
Citigroup Inc history 55.15K $1.60M 0.00% Add
Wellington Management Group history 46.19K $1.34M 0.00% Hold
Farallon Capital Management history 26.00K $755.04K 0.00% Hold
PNC Financial Services history 13.60K $394.86K 0.00% Add
T. Rowe Price Associates history 1.17M $33.87K 0.00% Add

Q3 2025 — 32 funds

FundSharesValuePortfolio WeightChange
BlackRock Inc history 8.57M $161.62M 0.00% Hold
Vanguard Group history 7.15M $134.70M 0.00% Add
Morgan Stanley history 4.28M $80.61M 0.01% Reduce
UBS Group AG history 2.95M $55.58M 0.01% Hold
Geode Capital Management history 2.61M $49.14M 0.00% Add
Janus Henderson Group history 2.40M $45.18M 0.02% Add
Franklin Resources history 2.31M $43.56M 0.01% Reduce
D. E. Shaw & Co history 2.12M $39.94M 0.03% Reduce
Goldman Sachs Group history 1.80M $34.02M 0.00% Reduce
Charles Schwab Investment Management history 999.43K $18.84M 0.00% Add
Northern Trust Corp history 940.20K $17.72M 0.00% Add
Bank of America Corp history 889.28K $16.76M 0.00% Reduce
AQR Capital Management history 441.31K $8.32M 0.01% Add
Deutsche Bank AG history 377.53K $7.12M 0.00% Add
BNY Mellon history 310.62K $5.86M 0.00% Add
Lazard Asset Management history 279.62K $5.27M 0.01% Reduce
Citadel Advisors history 269.77K $5.09M 0.00% Reduce
Invesco Ltd history 192.95K $3.64M 0.00% Add
Fidelity Management & Research (FMR) history 167.97K $3.17M 0.00% Add
Millennium Management history 150.10K $2.83M 0.00% Reduce
Legal & General Investment Management America history 109.44K $2.06M 0.00% Reduce
Wells Fargo & Co history 105.26K $1.98M 0.00% Reduce
JPMorgan Chase & Co history 100.79K $1.90M 0.00% Reduce
Two Sigma Investments history 95.43K $1.80M 0.00% Add
Manulife Financial history 56.02K $1.06M 0.00% Reduce
Wellington Management Group history 46.39K $874.43K 0.00% Add
Citigroup Inc history 45.91K $865.42K 0.00% Reduce
Farallon Capital Management history 26.00K $490.10K 0.00% Hold
Marshall Wace history 18.30K $344.95K 0.00% New
Prudential Financial history 13.94K $262.68K 0.00% Reduce
PNC Financial Services history 8.61K $162.22K 0.00% Reduce
T. Rowe Price Associates history 87.80K $1.66K 0.00% Add

Q2 2025 — 34 funds

FundSharesValuePortfolio WeightChange
BlackRock Inc history 8.53M $119.63M 0.00% Reduce
Vanguard Group history 7.05M $98.83M 0.00% Add
Morgan Stanley history 4.31M $60.49M 0.00% Add
UBS Group AG history 2.94M $41.19M 0.01% Add
Franklin Resources history 2.73M $38.31M 0.01% Reduce
Geode Capital Management history 2.58M $36.21M 0.00% Add
Janus Henderson Group history 2.26M $31.76M 0.02% Add
D. E. Shaw & Co history 2.16M $30.33M 0.02% Add
Goldman Sachs Group history 1.89M $26.50M 0.00% Add
Point72 Asset Management history 1.49M $20.83M 0.04% Add
Bank of America Corp history 1.20M $16.86M 0.00% Add
Charles Schwab Investment Management history 965.07K $13.53M 0.00% Add
Northern Trust Corp history 928.69K $13.02M 0.00% Reduce
Millennium Management history 910.84K $12.77M 0.01% Add
Prudential Financial history 598.90K $8.40M 0.01% Add
JPMorgan Chase & Co history 548.79K $7.69M 0.00% Add
AQR Capital Management history 375.23K $5.26M 0.00% Add
Royce & Associates history 374.54K $5.25M 0.05% Add
Deutsche Bank AG history 367.42K $5.15M 0.00% Reduce
Citigroup Inc history 359.42K $5.04M 0.00% Add
BNY Mellon history 305.26K $4.28M 0.00% Add
Citadel Advisors history 271.19K $3.80M 0.00% Reduce
Wells Fargo & Co history 196.30K $2.75M 0.00% Reduce
Norges Bank Investment Management history 174.82K $2.45M 0.00% Reduce
Fidelity Management & Research (FMR) history 150.73K $2.11M 0.00% Reduce
Legal & General Investment Management America history 111.60K $1.56M 0.00% Add
Invesco Ltd history 99.70K $1.40M 0.00% Reduce
Two Sigma Investments history 71.68K $1.00M 0.00% Reduce
Manulife Financial history 57.95K $812.43K 0.00% Hold
Wellington Management Group history 44.27K $620.62K 0.00% Reduce
Farallon Capital Management history 26.00K $364.52K 0.00% Hold
PNC Financial Services history 8.83K $123.77K 0.00% Add
Lazard Asset Management history 386.01K $5.41K 0.01% Add
T. Rowe Price Associates history 84.05K $1.18K 0.00% Add

Q1 2025 — 37 funds

FundSharesValuePortfolio WeightChange
BlackRock Inc history 8.89M $139.08M 0.00% Reduce
Vanguard Group history 6.82M $106.63M 0.00% Add
Morgan Stanley history 3.84M $60.03M 0.00% Reduce
UBS Group AG history 2.92M $45.67M 0.01% Add
Franklin Resources history 2.76M $43.19M 0.01% Reduce
Geode Capital Management history 2.55M $39.84M 0.00% Add
D. E. Shaw & Co history 1.99M $31.12M 0.03% Reduce
Invesco Ltd history 1.33M $20.78M 0.00% Add
Goldman Sachs Group history 1.10M $17.26M 0.00% Reduce
Northern Trust Corp history 976.07K $15.27M 0.00% Reduce
Charles Schwab Investment Management history 860.77K $13.46M 0.00% Reduce
Point72 Asset Management history 830.48K $12.99M 0.03% Reduce
Prudential Financial history 593.20K $9.28M 0.01% Hold
JPMorgan Chase & Co history 543.38K $8.50M 0.00% Reduce
Bank of America Corp history 514.95K $8.05M 0.00% Reduce
Millennium Management history 473.62K $7.41M 0.00% Reduce
Citadel Advisors history 439.57K $6.87M 0.00% Add
Balyasny Asset Management history 427.43K $6.69M 0.01% Add
Deutsche Bank AG history 381.36K $5.96M 0.00% Reduce
Citigroup Inc history 301.55K $4.72M 0.00% Reduce
BNY Mellon history 300.03K $4.69M 0.00% Reduce
Royce & Associates history 267.61K $4.19M 0.04% New
AQR Capital Management history 248.20K $3.88M 0.00% Add
Wells Fargo & Co history 198.36K $3.10M 0.00% Add
Fidelity Management & Research (FMR) history 162.45K $2.54M 0.00% Reduce
Two Sigma Investments history 151.57K $2.37M 0.01% Add
Legal & General Investment Management America history 107.58K $1.68M 0.00% Hold
Manulife Financial history 58.09K $908.58K 0.00% Add
Marshall Wace history 57.91K $905.68K 0.00% New
Janus Henderson Group history 52.60K $826.87K 0.00% Hold
Wellington Management Group history 46.64K $729.45K 0.00% Reduce
Farallon Capital Management history 26.00K $406.64K 0.00% Hold
Renaissance Technologies history 21.80K $340.94K 0.00% Add
PNC Financial Services history 8.01K $125.25K 0.00% Reduce
Lazard Asset Management history 374.08K $5.85K 0.01% Reduce
T. Rowe Price Associates history 77.94K $1.22K 0.00% Add
Amundi US history 66 $1.07K 0.00% New

View all 42 fund holders →

New Positions (Q2 2026)

Fully Exited (vs previous quarter)

Fund Position History — shares by quarter (top 20 funds)

FundQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
BlackRock Inc 10.55M 9.20M 9.10M 8.57M 8.53M 8.89M 9.15M 9.03M — — — — — — — — — — — —
Morgan Stanley 4.45M 4.22M 4.34M 4.28M 4.31M 3.84M 4.24M 3.78M 3.97M 4.01M 6.08M 222.04K 485.98K 337.65K 198.06K 124.93K 108.17K 97.45K 53.02K 143.75K
D. E. Shaw & Co 3.95M 2.50M 2.68M 2.12M 2.16M 1.99M 2.51M 1.75M 1.01M 216.87K — — — 10.63K 37.18K 74.38K — — — —
UBS Group AG 3.33M 3.33M 3.24M 2.95M 2.94M 2.92M 2.79M 220.19K 309.57K 490.68K 2.10K 64.14K 139.75K 88.78K 193.31K 23.57K 16.72K 54.30K 54.66K 30.16K
Bank of America Corp 2.99M 2.22M 1.67M 889.28K 1.20M 514.95K 536.46K 1.18M 567.12K 850.53K 91.02K 350.96K 406.56K 1.62M 239.04K 151.26K 38.30K 10.00K 12.11K 6.51K
Geode Capital Management 2.98M 3.05M 2.75M 2.61M 2.58M 2.55M 2.47M 2.47M 2.42M 1.97M 1.74M 1.04M 937.45K 808.37K 779.14K 734.24K 568.67K 509.38K 489.34K 488.86K
Franklin Resources 1.93M 2.30M 1.90M 2.31M 2.73M 2.76M 3.31M 4.25M 4.44M 4.64M 4.66M 1.29M 1.65M 1.59M 797.74K 799.00K 793.90K 659.84K 615.75K 575.21K
Goldman Sachs Group 1.67M 1.60M 1.58M 1.80M 1.89M 1.10M 1.31M 1.59M 807.33K 806.52K 733.00K 333.01K 694.32K 246.98K 279.67K 183.30K 96.18K 62.57K 48.23K 40.63K
Citadel Advisors 1.27M 98.21K 301.06K 269.77K 271.19K 439.57K 178.27K 3.15M 3.03M 2.14M 62.60K 286.54K 113.11K 298.02K 31.43K 80.52K 210.41K 212.40K 279.92K 285.73K
Baron Funds 1.25M 1.07M 504.70K — — — — — — — — — — — — — — — — —
Northern Trust Corp 1.06M 976.51K 955.24K 940.20K 928.69K 976.07K 991.06K 936.51K 751.85K 748.95K 730.74K 483.50K 465.65K 386.86K 384.85K 373.70K 315.06K 258.94K 269.95K 270.52K
Charles Schwab Investment Management 1.05M 1.01M 1.01M 999.43K 965.07K 860.77K 878.80K 859.85K 851.32K 750.72K 571.32K 383.81K 329.94K 302.50K 301.73K 291.09K 217.26K 200.96K 198.45K 195.84K
Manulife Financial 811.75K 503.86K 125.98K 56.02K 57.95K 58.09K 50.96K 52.50K 40.32K 30.79K 33.51K 21.04K 21.04K 16.39K 17.07K 14.23K 14.15K 12.22K 15.43K 14.91K
Two Sigma Investments 663.88K 234.31K 400.86K 95.43K 71.68K 151.57K 84.84K 173.66K 634.44K 484.08K 978.80K — — — 145.34K 62.81K — 21.19K — —
Millennium Management 564.07K 49.33K 236.77K 150.10K 910.84K 473.62K 2.31M 1.15M 512.70K 379.05K 2.56M 320.55K 11.60K — 664.45K 85.90K — 100.13K — 30.62K
Marshall Wace 446.87K 2.43M 454.23K 18.30K — 57.91K — — — — 95.01K 2.31M 2.32M 2.31M — 167.82K — — — —
Norges Bank Investment Management 392.30K — 174.82K — 174.82K — 532.79K — 174.82K — 81.01K — — — 81.01K — — — — —
Deutsche Bank AG 382.68K 389.85K 930.20K 377.53K 367.42K 381.36K 387.54K 800.03K 1.88M 1.87M 1.39M 30.36K 26.71K 36.29K 25.17K 18.20K 17.65K 15.19K 16.97K 16.09K
Point72 Asset Management 362.45K 590.88K 425.15K — 1.49M 830.48K 1.75M 244.39K — — 320.30K — — — 1.10M 3.79M 1.99M 1.70M 2.64M 1.99M
AQR Capital Management 330.32K 468.25K 499.42K 441.31K 375.23K 248.20K 204.48K 252.15K 257.36K 31.10K 289.09K — — — — — — — — —

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