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Phathom Pharmaceuticals, Inc.

PHAT
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001783183

No open-market purchases or sales by Phathom Pharmaceuticals, Inc. insiders were filed in the last 90 days; 161 institutions reported holding it in 13F filings for Q2 2026, worth $782.1M in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Phathom Pharmaceuticals, Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
137
−6 vs. Q4 2024
Shares held
64.0M
−2.51M (−3.8%) vs. Q4 2024
Total value
$401.4M
−$138.6M (−25.7%) vs. Q4 2024
New holders
25
47 more added
Sold out
31
36 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PHAT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 137 institutions
Q1 2021: 84 institutionsQ2 2021: 79 institutionsQ3 2021: 84 institutionsQ4 2021: 83 institutionsQ1 2022: 82 institutionsQ2 2022: 94 institutionsQ3 2022: 94 institutionsQ4 2022: 87 institutionsQ1 2023: 84 institutionsQ2 2023: 103 institutionsQ3 2023: 110 institutionsQ4 2023: 117 institutionsQ1 2024: 114 institutionsQ2 2024: 114 institutionsQ3 2024: 133 institutionsQ4 2024: 144 institutionsQ1 2025: 137 institutionsQ2 2025: 117 institutionsQ3 2025: 133 institutionsQ4 2025: 173 institutionsQ1 2026: 174 institutionsQ2 2026: 161 institutions
Value heldQ1 2025: $401.4M
Q1 2021: $919.2MQ2 2021: $843.6MQ3 2021: $819.8MQ4 2021: $562.0MQ1 2022: $349.1MQ2 2022: $230.0MQ3 2022: $334.3MQ4 2022: $316.6MQ1 2023: $219.7MQ2 2023: $612.6MQ3 2023: $452.7MQ4 2023: $503.3MQ1 2024: $588.2MQ2 2024: $598.6MQ3 2024: $1.31BQ4 2024: $541.2MQ1 2025: $401.4MQ2 2025: $550.5MQ3 2025: $733.6MQ4 2025: $1.03BQ1 2026: $765.5MQ2 2026: $782.1M
Institutions holding PHAT and their total value by quarter
QuarterHoldersValue
Q2 2026161$782.1M
Q1 2026174$765.5M
Q4 2025173$1.03B
Q3 2025133$733.6M
Q2 2025117$550.5M
Q1 2025137$401.4M
Q4 2024144$541.2M
Q3 2024133$1.31B
Q2 2024114$598.6M
Q1 2024114$588.2M
Q4 2023117$503.3M
Q3 2023110$452.7M
Q2 2023103$612.6M
Q1 202384$219.7M
Q4 202287$316.6M
Q3 202294$334.3M
Q2 202294$230.0M
Q1 202282$349.1M
Q4 202183$562.0M
Q3 202184$819.8M
Q2 202179$843.6M
Q1 202184$919.2M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Phathom Pharmaceuticals, Inc.; share changes are against Q4 2024.

Institutions holding PHAT in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Frazier Life Sciences Management, L.P.10,109,279$63.4M2.90%00.0%Unchanged
Medicxi Ventures Management (Jersey) Ltd7,464,572$46.8M10.69%00.0%Unchanged
Jennison Associates LLC7,042,325$44.2M0.03%−20,182−0.3%Reduced
Invesco Ltd.3,650,812$22.9M0.00%−20,574−0.6%Reduced
Carlyle Group Inc.3,496,808$21.9M0.58%00.0%Unchanged
BlackRock, Inc.3,323,603$20.8M0.00%−178,772−5.1%Reduced
Vanguard Group Inc2,778,687$17.4M0.00%−8740.0%Reduced
Ensign Peak Advisors, Inc2,514,284$15.8M0.03%−12,770−0.5%Reduced
NEA Management Company, LLC1,960,169$12.3M0.95%00.0%Unchanged
Wasatch Advisors Inc1,701,627$10.7M0.06%+142,699+9.2%Added
683 Capital Management, LLC1,445,000$9.06M0.92%+420,000+41.0%Added
Tang Capital Management LLC1,200,000$7.52M0.42%+700,000+140.0%Added
Catalys Pacific, LLC1,167,114$7.32M4.92%00.0%Unchanged
Propel Bio Management, LLC1,134,927$7.12M8.27%+145,000+14.6%Added
Morgan Stanley1,131,032$7.09M0.00%+164,632+17.0%Added
GW&K Investment Management, LLC1,104,308$6.92M0.06%+1,503+0.1%Added
Geode Capital Management, LLC1,016,423$6.37M0.00%−2,072−0.2%Reduced
State Street Corp901,354$5.65M0.00%−138,582−13.3%Reduced
Avidity Partners Management LP800,000$5.02M1.03%−590,100−42.5%Reduced
Woodline Partners LP751,692$4.71M0.03%−250,000−25.0%Reduced
UBS Group AG707,578$4.44M0.00%+241,962+52.0%Added
Simplify Asset Management Inc.681,935$4.28M0.20%+100,000+17.2%Added
Jacobs Levy Equity Management, Inc596,108$3.74M0.01%+596,108New
Prudential Financial Inc568,630$3.57M0.01%+105,290+22.7%Added
Citigroup Inc530,859$3.33M0.00%+486,282+1,090.9%Added
Millennium Management LLC523,363$3.28M0.00%+463,372+772.4%Added
FMR LLC509,582$3.20M0.00%−291,819−36.4%Reduced
StepStone Group LP422,085$2.65M2.72%00.0%Unchanged
Trexquant Investment LP398,751$2.50M0.03%+20,114+5.3%Added
Northern Trust Corp386,623$2.42M0.00%−11,341−2.8%Reduced
Charles Schwab Investment Management Inc348,035$2.18M0.00%−5,003−1.4%Reduced
Marshall Wace, LLP314,873$1.97M0.00%+216,805+221.1%Added
Wellington Management Group LLP200,690$1.26M0.00%+64,695+47.6%Added
Goldman Sachs Group Inc187,874$1.18M0.00%−224,388−54.4%Reduced
Citadel Advisors LLC179,721$1.13M0.00%+107,714+149.6%Added
Bank of America Corp170,281$1.07M0.00%+3,776+2.3%Added
Susquehanna International Group, LLP161,138$1.01M0.00%−74,266−31.5%Reduced
JPMorgan Chase & Co137,393$861.5K0.00%+486+0.4%Added
Bank of New York Mellon Corp114,535$718.1K0.00%+11,787+11.5%Added
AQR Capital Management LLC107,399$673.4K0.00%+89,741+508.2%Added
Nuveen, LLC101,520$636.5K0.00%+101,520New
State of Wisconsin Investment Board99,776$625.6K0.00%−32,493−24.6%Reduced
UBS Asset Management Americas Inc99,744$625.4K0.00%−18,059−15.3%Reduced
Two Sigma Investments, LP97,327$610.2K0.00%−388,463−80.0%Reduced
XTX Topco Ltd90,191$565.5K0.03%+90,191New
ExodusPoint Capital Management, LP79,311$497.0K0.01%+79,311New
Swiss National Bank73,300$459.6K0.00%00.0%Unchanged
Penn Mutual Asset Management, LLC62,802$393.8K0.76%00.0%Unchanged
Los Angeles Capital Management LLC60,056$376.6K0.00%+38,986+185.0%Added
Creative Planning59,937$375.8K0.00%+36,694+157.9%Added
Rhumbline Advisers56,739$355.7K0.00%+771+1.4%Added
Barclays PLC54,902$344.2K0.00%−21,561−28.2%Reduced
Commonwealth Equity Services, LLC52,431$329.0K0.00%+1,659+3.3%Added
Balyasny Asset Management LLC45,831$287.4K0.00%+45,831New
Alliancebernstein L.P.45,590$285.8K0.00%00.0%Unchanged
Virtus Investment Advisers, Inc.44,964$281.9K0.08%+44,964New
ADAR1 Capital Management, LLC42,800$268.4K0.05%−12,600−22.7%Reduced
Russell Investments Group, Ltd.41,799$262.1K0.00%+41,799New
Gilder Gagnon Howe & Co LLC41,566$260.6K0.00%−44−0.1%Reduced
Legal & General Group Plc36,438$228.7K0.00%00.0%Unchanged
California State Teachers Retirement System35,262$221.1K0.00%00.0%Unchanged
HRT Financial LP33,297$208.0K0.00%+33,297New
Summit Financial Wealth Advisors, LLC31,143$195.3K0.04%−36,982−54.3%Reduced
Kera Capital Partners, Inc.29,849$187.2K0.06%+3,000+11.2%Added
Occidental Asset Management, LLC29,672$186.0K0.03%00.0%Unchanged
Nebula Research & Development LLC28,821$180.7K0.02%+7,858+37.5%Added
Wells Fargo & Company28,425$178.2K0.00%+2,909+11.4%Added
Deutsche Bank AG27,172$170.4K0.00%−3,041−10.1%Reduced
Price T Rowe Associates Inc27,013$170.0K0.00%+1,372+5.4%Added
Engineers Gate Manager LP26,623$166.9K0.00%−5,877−18.1%Reduced
Sherbrooke Park Advisers LLC26,307$164.9K0.08%+26,307New
Keybank National Association25,512$160.0K0.00%00.0%Unchanged
MetLife Investment Management24,366$152.8K0.00%00.0%Unchanged
US Bancorp23,763$149.0K0.00%+16,937+248.1%Added
Mirae Asset Global ETFs Holdings Ltd.23,163$145.2K0.00%+1,014+4.6%Added
Simplex Trading, LLC22,474$140.0K0.00%+17,079+316.6%Added
Intech Investment Management LLC21,484$134.7K0.00%+4,060+23.3%Added
Inspirion Wealth Advisors, LLC19,864$124.5K0.02%−100−0.5%Reduced
Corebridge Financial, Inc.19,532$122.5K0.00%+24+0.1%Added
Corton Capital Inc.18,384$115.3K0.38%+18,384New
Stifel Financial Corp17,398$109.1K0.00%+17,398New
Zurcher Kantonalbank (Zurich Cantonalbank)15,710$98.5K0.00%00.0%Unchanged
Kestra Private Wealth Services, LLC15,500$97.2K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The14,462$90.7K0.00%+472+3.4%Added
China Universal Asset Management Co., Ltd.13,715$86.0K0.01%−784−5.4%Reduced
Allworth Financial LP20,478$84.4K0.00%+30+0.1%Added
ProShare Advisors LLC11,714$73.4K0.00%−2,575−18.0%Reduced
Susquehanna Fundamental Investments, LLC11,473$71.9K0.00%+11,473New
Advisor Group Holdings, Inc.11,250$70.5K0.00%+7,958+241.7%Added
Voya Investment Management LLC11,070$69.4K0.00%−619−5.3%Reduced
Fiduciary Trust Co10,905$68.4K0.00%+10,905New
New York State Common Retirement Fund10,770$67.5K0.00%00.0%Unchanged
Arizona State Retirement System10,768$67.5K0.00%−132−1.2%Reduced
Atom Investors LP10,394$65.2K0.01%+10,394New
Royal Bank of Canada10,182$64.0K0.00%−1,405−12.1%Reduced
Teacher Retirement System of Texas10,122$63.5K0.00%−943−8.5%Reduced
Staley Capital Advisers Inc10,000$62.7K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS9,100$57.1K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey8,251$51.7K0.00%00.0%Unchanged
CWM, LLC7,384$46.0K0.00%+7,349+20,997.1%Added