DERM · Journey Medical Corp · Holdings

$5.09 +0.29 (+6.04%) At close · Oct 22

Market Cap

$143.66M

28.22M

Volume · Oct 22 209.05K Avg daily vol (3M) 197.39K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of DERM: 13F, 13D and 13G, insiders and funds →

Some SEC filings for this period have not finished importing. Holder totals and changes may be incomplete; these filings remain queued for recovery.

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 69

Total Value: $71,904,054

Total Shares: 10,243,229

Institutional Ownership Trend

20 quarters

Holder Concentration

Across 71 13F filers

Top Holder

26.8%

of institutional value

Top 5

58.3%

of institutional value

Top 10

73.3%

of institutional value

HHI

1,113

Broadly held

Who Holds DERM

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 71 filers, like-for-like change -10.5%; actively managed books +7.4%; index-like books -58.8%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	58.7%	34	-6.3%	14	11
Exempt adviser	1.6%	3	new	3	0
Adviser	0.2%	1	-73.7%	0	2
Bank	2.3%	9	-72.2%	0	2
Insurer	1.7%	1	0.0%	0	0
Benefit plan	0.3%	1	-21.7%	0	1
Non-US	0.4%	1	+192.5%	0	1
Holding company	7.4%	7	-49.5%	1	1
Unknown	27.3%	14	+17.7%	5	5

Style	Share	Filers	Change	New	Exited
Index-like	12.4%	8	-58.8%	0	8
Systematic-like	5.5%	7	+8.7%	2	0
Concentrated	25.1%	6	-17.4%	1	1
Diversified active	56.9%	50	+23.6%	20	14
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	18.6%	30	-33.8%	8	19
Medium turnover	55.6%	17	-1.3%	5	3
High turnover	18.1%	20	+27.4%	10	0
Unknown	7.8%	4	-40.9%	0	1
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	10.1%	10	-28.6%	4	1
Medium horizon	10.6%	10	-37.1%	6	6
Long horizon	53.9%	43	+10.1%	11	16
Unknown	25.3%	8	-20.1%	2	0
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	8.0%	9	+19.8%	5	0
$1B to $10B	37.2%	20	-5.5%	6	4
$10B to $100B	33.1%	14	+34.7%	7	7
$100B or more	21.7%	28	-47.2%	5	12
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	7.3%	14	+301.1%	9	3
Pooled investment vehicles	13.3%	13	-42.3%	4	0
Registered funds and BDCs	8.4%	2	-48.3%	0	3
Governments and sovereign funds	1.6%	1	+339.1%	0	1
Other investment advisers	0.9%	2	-3.0%	0	1
Diversified	27.2%	2	+35.2%	1	1
Insurance companies	0.0%	0	-100.0%	0	2
Unknown	41.3%	37	-15.9%	9	12

Private funds	Share	Filers	Change	New	Exited
Hedge funds	21.8%	18	-6.7%	9	0
Private equity funds	0.2%	2	+4.8%	1	1
Venture capital funds	0.0%	1	new	1	0
Real estate funds	0.0%	2	new	2	0
Other private funds	26.9%	1	+31.5%	0	3
No private funds	11.3%	13	-39.0%	4	7
Unknown	39.7%	34	-19.1%	6	12

Location	Share	Filers	Change	New	Exited
United States	91.0%	60	-11.5%	17	20
Outside the US	9.0%	11	+1.6%	6	3

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 1 holder with no observed 2026-06-30 13F.

Conviction and Crowding

71 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight 0.001%

Mar 31, 2026: 0

Crowding

—

the issuer has more than one class of common stock, so its count is the total across classes

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

the issuer has more than one class of common stock, so its count is the total across classes

Top 10 holders

73.2%

of 13F shares, Herfindahl 0.112

Active holders

+7.4%

like-for-like share change of active filers

5% stakes on record

0 13D, 2 13G (1 institutional, 1 passive, 0 exempt)

How long holders have held it value-weighted 5.5 quarters

Under 1 year 32.8% 1 to 3 years 60.6% 3 years or more 6.60% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$6.29

estimated per share

Mar 31, 2026: $6.73

Quarter-end price

$7.08

implied by 13F values

Estimated gain or loss

+12.6%

price against the estimated cost

Estimated at a loss

28.1%

of costed 13F value

Estimated cost covers 92.0% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shared Holders

Companies DERM's active holders also own, quarter ended Jun 30, 2026

#	Company	Shared holders	Similarity
1	HROW Harrow, Inc.	4	0.267
2	PGEN Precigen, Inc.	3	0.231
3	RLMD Relmada Therapeutics, Inc.	3	0.227
4	TARS Tarsus Pharmaceuticals, Inc.	3	0.227
5	ANIP Ani Pharmaceuticals Inc	3	0.200
6	LQDA Liquidia Corp	3	0.149

Shareholder Targets

13F filers that own its peers but not DERM, quarter ended Jun 30, 2026

Found through its holder-overlap peers: HROW, PGEN, RLMD, TARS, ANIP, LQDA. 595 filers in all.

#	Filer	In peers	Of book	Largest peers
1	FARALLON CAPITAL MANAGEMENT LLC Registered adviser, Diversified active	$666,944,479 1 held	3.94%	LQDA
2	Caligan Partners LP Registered adviser, Concentrated	$647,319,259 1 held	31.2%	LQDA
3	Jupiter Topco LLC Unknown, Diversified active	$305,752,242 6 held	0.120%	TARS, RLMD, HROW
4	FINDELL CAPITAL MANAGEMENT LLC Registered adviser, Concentrated	$279,223,389 1 held	46.0%	LQDA
5	Deep Track Capital, LP Adviser, Diversified active	$271,939,807 2 held	4.14%	TARS, HROW
6	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$212,464,218 6 held	0.010%	LQDA, ANIP, TARS
7	RTW INVESTMENTS, LP Registered adviser, Diversified active	$211,293,293 1 held	1.80%	TARS
8	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$175,407,264 6 held	0.020%	LQDA, TARS, HROW
9	Paradigm Biocapital Advisors LP Registered adviser, Concentrated	$174,699,348 1 held	3.79%	TARS
10	D. E. Shaw & Co., Inc. Unknown, Systematic-like	$161,018,654 4 held	0.110%	LQDA, TARS, ANIP

Fund Ownership of DERM by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 4.78% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	1.75%	+0.28 pp	494,485	17
Index ETFs	3.03%	-3.37 pp	855,257	13
Active ETFs	0.00%	0.00 pp	0	0
Active funds	7.41%	+1.83 pp	2,092,425	7
Unclassified	0.00%	0.00 pp	0	0
All registered funds	12.20%	-1.27 pp	3,442,167	37

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 32 Exempt adviser 3 Adviser 1 Bank 9 Insurer 1 Benefit plan 1 Non-US 1 Holding company 7 Unknown 14

Showing 70 of 70

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

WASATCH ADVISORS LP

$16,752,890

23.30%

2,449,253

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	2,449,253	$16,752,890	100.0%	Sole

TANG CAPITAL MANAGEMENT LLC

$11,398,800

15.85%

1,610,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TANG KEVIN	1,610,000	$11,398,800	100.0%	Other

VANGUARD CAPITAL MANAGEMENT LLC

$4,780,309

6.65%

675,185

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.

$3,794,880

5.28%

536,000

Pale Fire Capital SE

$3,742,374

5.20%

528,584

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Barta Jan joint	528,584	$3,742,374	100.0%	Defined

Opaleye Management Inc.

$2,478,000

3.45%

350,000

Summit Financial, LLC

$2,454,975

3.41%

346,748

JANE STREET GROUP, LLC

$2,265,748

3.15%

320,021

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	96,527	$683,411	30.2%	Defined
Jane Street Global Trading, LLC	223,494	$1,582,337	69.8%	Defined

Diametric Capital, LP

$2,093,294

2.91%

295,663

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Thakore Nainoor	295,663	$2,093,294	100.0%	Defined

Ikarian Capital, LLC

$1,780,166

2.48%

251,436

RENAISSANCE TECHNOLOGIES LLC

$1,626,276

2.26%

229,700

GEODE CAPITAL MANAGEMENT, LLC

$1,529,307

2.13%

216,004

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	46,698	$330,621	21.6%	Defined
Held directly	169,306	$1,198,686	78.4%	Defined

AMERICAN FINANCIAL GROUP INC

$1,274,400

1.77%

180,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Great American Insurance Company	180,000	$1,274,400	100.0%	Defined

Trexquant Investment LP

$1,213,073

1.69%

171,338

MARSHALL WACE, LLP

$990,088

1.38%

139,843

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	139,843	$990,088	100.0%	Other

J. Goldman & Co LP

$974,094

1.35%

137,584

MILLENNIUM MANAGEMENT LLC

$778,913

1.08%

110,016

BlackRock, Inc.

$714,943

0.99%

100,981

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	7,746	$54,841	7.7%	Sole
BlackRock Investment Management, LLC	3,386	$23,972	3.4%	Sole
BlackRock Fund Advisors	50,931	$360,591	50.4%	Sole
BlackRock Institutional Trust Company, N.A.	38,918	$275,539	38.5%	Sole

XTX Topco Ltd

$714,534

0.99%

100,923

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	100,923	$714,534	100.0%	Defined

VANGUARD FIDUCIARY TRUST CO

$670,681

0.93%

94,729

GOLDMAN SACHS GROUP INC

$639,281

0.89%

90,294

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	90,294	$639,281	100.0%	Defined

UBS Group AG

$591,279

0.82%

83,514

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	23,014	$162,939	27.6%	Defined
UBS Europe SE	60,500	$428,340	72.4%	Defined

CITADEL ADVISORS LLC

$581,614

0.81%

82,149

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	77,788	$550,739	94.7%	Defined
Held directly	4,361	$30,875	5.3%	Defined

PVG ASSET MANAGEMENT CORP

$544,279

0.76%

79,573

BOOTHBAY FUND MANAGEMENT, LLC

$477,489

0.66%

67,442

STATE STREET CORP

$467,124

0.65%

65,978

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS TRUST COMPANY	65,978	$467,124	100.0%	Defined

ENVESTNET ASSET MANAGEMENT INC

$466,041

0.65%

65,825

Walleye Capital LLC

$463,470

0.64%

65,462

Geneos Wealth Management Inc.

$448,022

0.62%

63,280

Frec Markets, Inc.

$357,540

0.50%

50,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Frec Advisers LLC	50,500	$357,540	100.0%	Defined

BNP PARIBAS ARBITRAGE, SA

$335,669

0.47%

47,411

Squarepoint Ops LLC

$321,467

0.45%

45,405

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	45,405	$321,467	100.0%	Defined

MORGAN STANLEY

$297,528

0.41%

42,024

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	1,446	$10,237	3.4%	Defined
MORGAN STANLEY & CO. LLC	699	$4,948	1.7%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	39,879	$282,343	94.9%	Defined

BANK OF AMERICA CORP /DE/

$296,701

0.41%

41,907

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	41,907	$296,701	100.0%	Defined

Integrated Wealth Concepts LLC

$280,212

0.39%

39,578

ADAR1 Capital Management, LLC

$279,780

0.39%

39,517

STATE OF WISCONSIN INVESTMENT BOARD

$254,200

0.35%

35,904

NORTHERN TRUST CORP

$252,444

0.35%

35,656

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	35,656	$252,444	100.0%	Defined

SALEM INVESTMENT COUNSELORS INC

$241,581

0.34%

35,319

Aster Capital Management (DIFC) Ltd

$217,497

0.30%

30,720

Quadrature Capital Ltd

$204,194

0.28%

28,841

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Quadrature US Inc.	28,841	$204,194	100.0%	Other

JANE STREET GROUP, LLC

$201,072

0.28%

28,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	28,400	$201,072	100.0%	Defined

AQR CAPITAL MANAGEMENT LLC

$176,127

0.24%

24,877

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RF&L WEALTH MANAGEMENT, LLC	2	$14	0.0%	Other
Compound Planning, Inc.	1	$7	0.0%	Other
Arax Advisory Partners	134	$948	0.5%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	162	$1,146	0.7%	Other
Stokes Family Office, LLC	40	$283	0.2%	Other
Held directly	24,538	$173,729	98.6%	Defined

PRELUDE CAPITAL MANAGEMENT, LLC

$155,087

0.22%

21,905

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$141,607

0.20%

20,001

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	20,001	$141,607	100.0%	Other

Gladstone Institutional Advisory LLC

$141,600

0.20%

20,000

Brevan Howard Capital Management LP

$133,507

0.19%

18,857

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Brevan Howard US Investment Management, LP	18,857	$133,507	100.0%	Defined

Invesco Ltd.

$118,087

0.16%

16,679

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Capital Management LLC	16,679	$118,087	100.0%	Defined

Jefferies Financial Group Inc.

$117,506

0.16%

16,597

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JEFFERIES LLC	16,597	$117,506	100.0%	Defined

Mariner, LLC

$94,503

0.13%

13,348

BRIGHTON JONES LLC

$89,930

0.13%

12,702

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$80,039

0.11%

11,305

Atria Investments, Inc

$73,386

0.10%

10,729

Persistent Asset Partners Ltd

$71,380

0.10%

10,082

OSAIC HOLDINGS, INC.

$63,734

0.09%

9,002

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	9,002	$63,734	100.0%	Defined

ROYAL BANK OF CANADA

$63,393

0.09%

8,954

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	92	$651	1.0%	Defined
RBC Capital Markets, LLC	8,842	$62,601	98.8%	Defined
Held directly	20	$141	0.2%	Sole

Tower Research Capital LLC (TRC)

$41,694

0.06%

5,889

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	5,889	$41,694	100.0%	Defined

Vanguard Global Advisers, LLC

$32,865

0.05%

4,642

CITIGROUP INC

$28,822

0.04%

4,071

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	4,071	$28,822	100.0%	Defined

BARCLAYS PLC

$16,453

0.02%

2,324

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS CAPITAL INC.	2,324	$16,453	100.0%	Defined

PNC FINANCIAL SERVICES GROUP, INC.

$8,977

0.01%

1,268

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	1,268	$8,977	100.0%	Defined

FMR LLC

$3,370

0.00%

476

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	476	$3,370	100.0%	Defined

JPMORGAN CHASE & CO

$2,081

0.00%

294

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	41	$290	13.9%	Defined
J.P. Morgan Securities plc	253	$1,791	86.1%	Defined

Russell Investments Group, Ltd.

$1,762

0.00%

249

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	249	$1,762	100.0%	Defined

Arax Advisory Partners

$927

0.00%

131

EverSource Wealth Advisors, LLC

$515

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMSS Wesson Wealth Solutions, LLC	6	$42	8.2%	Sole
Held directly	67	$473	91.8%	Sole

Allworth Financial LP

$205

0.00%

ROTHSCHILD INVESTMENT LLC

$177

0.00%

Caitong International Asset Management Co., Ltd

$77

0.00%

JPL Wealth Management, LLC

$14

0.00%

Key facts CIK 1867066 CUSIP 48115J109 13F (30d) 5 filings 5 filers Visit website Investor relations