Arcutis Biotherapeutics, Inc.
Hedge Funds Holdings

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Arcutis Biotherapeutics, Inc.‘s stocks are currently a part of 82 hedge funds’ portfolios, which represents 63.89% of the total amount of its stocks outstanding. This makes up a total of 35.16M shares of Arcutis Biotherapeutics, Inc.. Compared to the previous quarter, the number fell by -46.78% or -30.91M shares fewer. As for the holding position changes, 56.1% (46) of current hedge fund investors increased the number of shares held, 20.73% (17) of current holders sold a part of the shares held, and 12.2% (10) closed the holdings completely. 10 hedge funds are new holders of Arcutis Biotherapeutics, Inc. stock in Q1 2023, it is 12.2% of total holders.

Hedge funds holding Arcutis Biotherapeutics (Q1 2020 – Q1 2023)

Number of hedge funds
Q1 2020 49
Q2 2020 56
Q3 2020 63
Q4 2020 78
Q1 2021 92
Q2 2021 100
Q3 2021 101
Q4 2021 89
Q1 2022 106
Q2 2022 111
Q3 2022 134
Q4 2022 139
Q1 2023 82

Hedge funds changes in Arcutis Biotherapeutics positions (Q1 2020 – Q1 2023)

Changes in positions
Q1 2020 490000
Q2 2020 11211149
Q3 2020 11311047
Q4 2020 24331281
Q1 2021 20441765
Q2 2021 22402514-1
Q3 2021 1227331019
Q4 2021 104018210
Q1 2022 243029617
Q2 2022 205319136
Q3 2022 336719114
Q4 2022 217126174
Q1 2023 10461710-1

Hedge funds changes in Arcutis Biotherapeutics stock options (Q1 2020 – Q1 2023)

Changes in stock options
Q1 2020 0 0
Q2 2020 0 0
Q3 2020 0 0
Q4 2020 0 0
Q1 2021 3,689,000 347,000
Q2 2021 4,364,000 698,000
Q3 2021 1,298,000 506,000
Q4 2021 1,383,000 311,000
Q1 2022 2,880,000 445,000
Q2 2022 5,678,000 2,082,000
Q3 2022 5,859,000 349,000
Q4 2022 11,244,800 134,680
Q1 2023 223,795,000 1,000

Top 50 hedge fund holders of Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT)

Hedge fund Value Shares owned Portfolio share
FMR LLC 170.63M 8.92M 0.018%
FRAZIER LIFE SCIENCES MANAGEMENT, L.P. 165.95M 8.68M 12.779%
BLACKROCK INC. Larry Fink 97.11M 5.08M 0.003%
POINT72 ASSET MANAGEMENT, L.P. Steven Cohen 72.33M 3.78M 0.289%
BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC 57.33M 3M 6.843%
ORBIMED ADVISORS LLC 53.50M 2.8M 0.993%
STATE STREET CORP 50.74M 2.65M 0.003%
VANGUARD GROUP INC 43.05M 2.25M 0.001%
PICTET ASSET MANAGEMENT SA 30.63M 1.60M 0.045%
LOGOS GLOBAL MANAGEMENT LP 29.14M 1.52M 3.583%
JENNISON ASSOCIATES LLC 26.55M 1.38M 0.026%
POLAR CAPITAL HOLDINGS PLC 25.02M 1.30M 0.159%
CORMORANT ASSET MANAGEMENT, LP 19.11M 1M 1.336%
GW&K INVESTMENT MANAGEMENT, LLC 17.36M 908.91K 0.192%
FRANKLIN RESOURCES INC 15.26M 798.97K 0.008%
AVIDITY PARTNERS MANAGEMENT LP 15.18M 794.5K 0.309%
GEODE CAPITAL MANAGEMENT, LLC 14.03M 734.24K 0.002%
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC 13.91M 728.36K 0.025%
AMERIPRISE FINANCIAL INC 12.51M 654.67K 0.005%
AMERICAN CENTURY COMPANIES INC 11.14M 582.93K 0.010%
PIVOTAL BIOVENTURE PARTNERS INVESTMENT ADVISOR LLC 10.87M 569.04K 3.974%
WOODLINE PARTNERS LP 10.51M 550.39K 0.147%
NUVEEN ASSET MANAGEMENT, LLC 10.18M 532.87K 0.004%
ENSIGN PEAK ADVISORS, INC 9.35M 489.34K 0.023%
RUBRIC CAPITAL MANAGEMENT LP 9.02M 472.04K 0.454%
WESTFIELD CAPITAL MANAGEMENT CO LP 8.97M 469.77K 0.071%
ECOR1 CAPITAL, LLC 7.93M 415.32K 0.234%
NORTHERN TRUST CORP 7.14M 373.70K 0.002%
AXA S.A. 6.45M 337.59K 0.025%
DIMENSIONAL FUND ADVISORS LP 5.99M 313.94K 0.002%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 5.56M 291.09K 0.002%
SOFINNOVA INVESTMENTS, INC. 5.24M 274.33K 0.305%
BIOIMPACT CAPITAL LLC 4.91M 257.18K 1.164%
JACOBS LEVY EQUITY MANAGEMENT, INC 4.43M 232.21K 0.035%
SECTORAL ASSET MANAGEMENT INC 4.22M 220.98K 0.832%
GOLDMAN SACHS GROUP INC 3.50M 183.29K 0.001%
PRICE T ROWE ASSOCIATES INC /MD/ 3.42M 179.29K 0.001%
1492 CAPITAL MANAGEMENT LLC 3.40M 178.32K 2.453%
RAFFERTY ASSET MANAGEMENT, LLC 3.32M 173.98K 0.035%
SEI INVESTMENTS CO 3.30M 172.84K 0.007%
MARSHALL WACE, LLP Paul Marshall 3.20M 167.81K 0.007%
CITIGROUP INC 3.06M 160.50K 0.002%
BANK OF AMERICA CORP /DE/ 2.89M 151.25K 0.000%
TEKLA CAPITAL MANAGEMENT LLC 2.84M 148.87K 0.117%
HOLOCENE ADVISORS, LP 2.69M 141.00K 0.017%
BARCLAYS PLC 2.69M 140.83K 0.003%
NEUBERGER BERMAN GROUP LLC 2.52M 131.97K 0.003%
HSBC HOLDINGS PLC 2.50M 130.72K 0.004%
MORGAN STANLEY 2.38M 124.90K 0.000%
BANK OF NEW YORK MELLON CORP 2.38M 124.60K 0.001%