TARS β€” Tarsus Pharmaceuticals Inc.

Ownership history in RTW INVESTMENTS, LP  Β·  21 quarters on record

This page tracks every 13F SEC filing in which RTW INVESTMENTS, LP reported a position in Tarsus Pharmaceuticals Inc. (TARS). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
2.74% (2025 Q4)
πŸ“Š Avg. % of fund
1.37%
πŸ“… First filed
2020 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
21

Position Intelligence

RTW INVESTMENTS, LP Γ— TARS AI Analytics

πŸ“ˆ RTW INVESTMENTS, LP outperformed the S&P 500 by +72.1% annually on this TARS position. Timing score: 50% (6/12 decisions correct). Average cost basis: $36.05. Maximum drawdown during holding period: –69.6%.

πŸ“ˆ Position Alpha vs SPY
+72.1%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 72.1% per year on this position.
11 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
6 of 12 add/trim decisions correct

πŸ’° Entry Quality
$36.05
+127.1% vs current ($81.88)

Best entry: $14.66 (2022 Q4)  Β·  Worst: $81.88 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–69.6%
max drawdown while held

πŸ’ͺ Held through 2 major drawdowns (>20%).

πŸ’ͺ Fund Conviction
77%
buy-side decisions

10 adds Β· 3 trims. Bought during 4 of 11 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 2.74% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    TARS price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 3,335,320 +157,884 +5.0% 2.74% $273.1M $81.88
2025 Q3 ADDED 3,177,436 +65,756 +2.1% 2.33% $188.8M $59.43
2025 Q2 REDUCED 3,111,680 -204,352 -6.2% 1.80% $126.1M $40.51
2025 Q1 ADDED 3,316,032 +79,483 +2.5% 2.61% $170.3M $51.37
2024 Q4 REDUCED 3,236,549 -175,937 -5.2% 2.71% $179.2M $55.37
2024 Q3 UNCHANGED 3,412,486 β€” 0% 1.62% $112.2M $32.89
2024 Q2 ADDED 3,412,486 +140,145 +4.3% 1.44% $92.8M $27.18
2024 Q1 ADDED 3,272,341 +120,000 +3.8% 1.76% $118.9M $36.35
2023 Q4 ADDED 3,152,341 +271,640 +9.4% 1.00% $63.8M $20.25
2023 Q3 ADDED 2,880,701 +332,576 +13.1% 1.08% $51.2M $17.77
11 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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