Vault-13

JOURNEY MED CORP DERM

COM · Common Stock · CUSIP 48115J109

68 institutional holders +11 vs Q2 2025
8,697,7128.7m shares reported held*
$62.0mreported value*
17 new 22 added 16 reduced 5 sold out net bought ≈ $15.7m (+2.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($249 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.12.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 21Q4 22: 18Q1 23: 18Q2 23: 21Q3 23: 22Q4 23: 37Q1 24: 34Q2 24: 36Q3 24: 37Q4 24: 38Q1 25: 39Q2 25: 57Q3 25: 6868Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202221
Q4 202218
Q1 202318
Q2 202321
Q3 202322
Q4 202337
Q1 202434
Q2 202436
Q3 202437
Q4 202438
Q1 202539
Q2 202557
Q3 202568

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 23: 30 bought or addedQ4 23: 7 cut or sold outQ1 24: 21 bought or addedQ1 24: 19 cut or sold outQ1 24Q2 24: 18 bought or addedQ2 24: 17 cut or sold outQ3 24: 13 bought or addedQ3 24: 14 cut or sold outQ3 24Q4 24: 18 bought or addedQ4 24: 15 cut or sold outQ1 25: 23 bought or addedQ1 25: 12 cut or sold outQ1 25Q2 25: 39 bought or addedQ2 25: 18 cut or sold outQ3 25: 39 bought or addedQ3 25: 21 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023307
Q1 20242119
Q2 20241817
Q3 20241314
Q4 20241815
Q1 20252312
Q2 20253918
Q3 20253921

Biggest buyers

Opaleye Management Inc. Added +876,064+876.1k
Summit Financial, LLC New +379,829+379.8k
Pale Fire Capital SE Added +196,109+196.1k
WASATCH ADVISORS LP Added +154,213+154.2k
Sheets Smith Investment Management New +132,904+132.9k
ESSEX INVESTMENT MANAGEMENT CO LLC Added +125,818+125.8k
BlackRock, Inc. Added +88,717+88.7k
AQR CAPITAL MANAGEMENT LLC New +50,834+50.8k
VANGUARD GROUP INC Added +50,241+50.2k
STATE OF WISCONSIN INVESTMENT BOARD New +35,838+35.8k

Biggest sellers

MORGAN STANLEY Reduced -31,182-31.2k
PVG ASSET MANAGEMENT CORP Reduced -16,860-16.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -15,388-15.4k
UBS Group AG Reduced -13,531-13.5k
Quadrature Capital Ltd Sold out -13,181-13.2k
DEUTSCHE BANK AG\ Sold out -12,968-13.0k
Atria Investments, Inc Reduced -11,555-11.6k
Integrated Wealth Concepts LLC Reduced -11,000-11.0k
Cetera Investment Advisers Sold out -10,731-10.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -9,041-9.0k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
WASATCH ADVISORS LP 13G · institution -2.3 pts · filed 2026-10-09 11.0% -2.3 pts 2.4m≈ $17.3m 2026-10-09
TANG CAPITAL MANAGEMENT LLC 13G · passive investor filed 2025-05-15 8.0% 1.9m≈ $13.1m 2025-05-15

Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (3.6%, 2026-07-31)

Insider purchases and sales in Q3 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q4 23: 2 buyingQ4 23: 1 sellingQ1 24: 3 buyingQ1 24: 1 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 1 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 2 sellingQ1 25Q2 25: 0 buyingQ2 25: 3 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20232$143.0k1$17.9k—
Q1 20243$237.3k1$9.2k—
Q2 20240—0——
Q3 20240—1$72.9k—
Q4 20240—0——
Q1 20250—2$818.1k—
Q2 20250—3$69.1k—
Q3 20250—0——

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TANG CAPITAL MANAGEMENT LLC 0.51% of their portfolio SAN DIEGO, CA 1,854,5961.9m $13.2m $13.2m 0.51% Unchanged
2 WASATCH ADVISORS LP 0.05% of their portfolio SALT LAKE CITY, UT 1,306,2721.3m $9.3m $9.3m 0.05% Added +154.2k +154,213
3 Opaleye Management Inc. 0.98% of their portfolio BOSTON, MA 971,064971.1k $6.9m $6.9m 0.98% Added +876.1k +876,064
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 633,059633.1k $4.5m $4.5m 0.00% Added +88.7k +88,717
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 615,229615.2k $4.4m $4.4m 0.00% Added +50.2k +50,241
6 Summit Financial, LLC 0.04% of their portfolio PARSIPPANY, NJ 379,829379.8k $2.7m $2.7m 0.04% New
7 ESSEX INVESTMENT MANAGEMENT CO LLC 0.39% of their portfolio BOSTON, MA 354,021354.0k $2.5m $2.5m 0.39% Added +125.8k +125,818
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 277,846277.8k $2.0m $2.0m 0.00% Added +15.5k +15,493
9 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 247,900247.9k $1.8m $1.8m 0.00% Added +4.4k +4,400
10 Pale Fire Capital SE 0.18% of their portfolio Prague, 2N 228,567228.6k $1.6m $1.6m 0.18% Added +196.1k +196,109
11 AMERICAN FINANCIAL GROUP INC 0.49% of their portfolio CINCINNATI, OH 180,000180.0k $1.3m $1.3m 0.49% Unchanged
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 146,037146.0k $1.0m $1.0m 0.00% Added +31.1k +31,061
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 145,220145.2k $1.0m $1.0m 0.00% Reduced -13.5k -13,531
14 PVG ASSET MANAGEMENT CORP 3.48% of their portfolio GOLDEN, CO 132,904132.9k $946.3k $946.3k 3.48% Reduced -16.9k -16,860
15 Sheets Smith Investment Management 0.61% of their portfolio HOUSTON, TX 132,904132.9k $946.3k $946.3k 0.61% New
16 Legato Capital Management LLC 0.08% of their portfolio San Francisco, CA 101,896101.9k $725.5k $725.5k 0.08% Added +33.9k +33,858
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 92,74292.7k $660.3k $660.3k 0.00% Added +7.8k +7,750
18 Informed Momentum Co LLC 0.07% of their portfolio SOLANA BEACH, CA 89,38989.4k $636.5k $636.5k 0.07% Reduced -5.7k -5,678
19 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 63,28063.3k $450.6k $450.6k 0.01% Unchanged
20 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 60,95061.0k $434.0k $434.0k 0.00% Reduced -9.0k -9,041
21 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 50,83450.8k $361.9k $361.9k 0.00% New
22 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 50,50050.5k $359.6k $359.6k 0.00% Added +17.7k +17,736
23 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 44,35044.4k $315.8k $315.8k 0.00% Reduced -11.0k -11,000
24 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 35,83835.8k $255.2k $255.2k 0.00% New
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 34,05334.1k $242.5k $242.5k 0.00% New
26 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 30,45130.5k $216.8k $216.8k 0.00% Unchanged
27 Gladstone Institutional Advisory LLC 0.01% of their portfolio Bedminster, NJ 28,57128.6k $203.4k $203.4k 0.01% Reduced -4.3k -4,283
28 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 25,63025.6k $182.5k $182.5k 0.00% Reduced -11.6k -11,555
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 24,49224.5k $174.4k $174.4k 0.00% Reduced -374 -374
30 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 22,55422.6k $160.6k $160.6k 0.00% New
31 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 21,71021.7k $154.6k $154.6k 0.00% Unchanged
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,53721.5k $153.3k $153.3k 0.00% Added +17.4k +17,403
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 20,73220.7k $147.6k $147.6k 0.00% Reduced -31.2k -31,182
34 Focus Partners Advisor Solutions, LLC 0.00% of their portfolio SAINT LOUIS, MO 20,00620.0k $179.1k $179.1k 0.00% Added +10.0k +10,006
35 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 19,73219.7k $140.5k $140.5k 0.00% Reduced -2.2k -2,243
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 17,56617.6k $125.1k $125.1k 0.00% Reduced -4.8k -4,837
37 BRIGHTON JONES LLC 0.00% of their portfolio SEATTLE, WA 16,84216.8k $119.9k $119.9k 0.00% Added +22 +22
38 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 15,71015.7k $111.9k $111.9k 0.00% Unchanged
39 OCCUDO QUANTITATIVE STRATEGIES LP 0.01% of their portfolio FORT LAUDERDALE, FL 15,47015.5k $110.1k $110.1k 0.01% New
40 SJS Investment Consulting Inc. 0.01% of their portfolio SYLVANIA, OH 15,00015.0k $106.8k $106.8k 0.01% New
41 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 14,39014.4k $102.5k $102.5k 0.00% New
42 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 13,81013.8k $98.3k $98.3k 0.00% New
43 TITLEIST ASSET MANAGEMENT, LLC 0.01% of their portfolio SAN ANTONIO, TX 12,90012.9k $91.8k $91.8k 0.01% Unchanged
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 12,18212.2k $87.7k $87.7k 0.00% Reduced -1.4k -1,419
45 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 12,10012.1k $86.2k $86.2k 0.00% New
46 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 11,10711.1k $79.1k $79.1k 0.00% Reduced -264 -264
47 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 10,20910.2k $72.7k $72.7k 0.00% New
48 Allegiance Financial Group Advisory Services LLC 0.02% of their portfolio VIENNA, VA 10,00010.0k $71.2k $71.2k 0.02% Unchanged
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,8789.9k $70.3k $70.3k 0.00% Added +4.1k +4,142
50 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 8,5728.6k $61.0k $61.0k 0.00% New
51 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 7,5337.5k $53.6k $53.6k 0.00% Added +1.3k +1,260
52 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 5,6115.6k $40.0k $40.0k 0.00% Reduced -1.0k -1,012
53 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,5005.5k $39.2k $39.2k 0.00% Reduced -8.8k -8,800
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,4015.4k $38.0k $38.0k 0.00% Added +1.7k +1,719
55 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 4,0024.0k $28.5k $28.5k 0.00% Unchanged
56 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,6882.7k $19.1k $19.1k 0.00% Added +1.2k +1,225
57 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,7261.7k $12.3k $12.3k 0.00% Added +1.6k +1,635
58 Legal & General Group Plc 0.00% of their portfolio London, X0 1,3471.3k $9.6k $9.6k 0.00% Unchanged
59 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,2391.2k $8.8k $8.8k 0.00% Unchanged
60 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 758758 $5.4k $5.4k 0.00% Added +1 +1
61 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 519519 $3.7k $3.7k 0.00% Reduced -3.8k -3,791
62 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 415415 $3.0k $3.0k 0.00% Unchanged
63 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 300300 $2.1k $2.1k 0.00% Unchanged
64 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 164164 $1.2k $1.2k 0.00% New
65 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 4646 $327 $327 0.00% New
66 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 3030 $214 $214 0.00% Added +1 +1
67 FMR LLC 0.00% of their portfolio BOSTON, MA 1919 $135 $135 0.00% New
68 CWM, LLC 0.00% of their portfolio OMAHA, NE 1818 $0 $0 0.00% New