Skip to main content

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, Q2 2025

Institutional positions in Phathom Pharmaceuticals, Inc. as of Jun 30, 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
117
−19 vs. Q1 2025
Shares held
57.4M
−6.62M (−10.3%) vs. Q1 2025
Total value
$550.5M
+$149.1M (+37.1%) vs. Q1 2025
New holders
17
43 more added
Sold out
36
37 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 117 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 heldQ2 2025: $550.5M
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, Q2 2025

Shares, value and share of portfolio for each institution holding Phathom Pharmaceuticals, Inc.; share changes are against Q1 2025.

Institutions holding PHAT in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Frazier Life Sciences Management, L.P.12,466,489$119.6M4.78%+2,357,210+23.3%Added
Medicxi Ventures Management (Jersey) Ltd7,464,572$71.6M16.75%00.0%Unchanged
Invesco Ltd.4,140,072$39.7M0.01%+489,260+13.4%Added
Carlyle Group Inc.3,496,808$33.5M0.67%00.0%Unchanged
BlackRock, Inc.3,315,348$31.8M0.00%−8,255−0.2%Reduced
Vanguard Group Inc2,787,311$26.7M0.00%+8,624+0.3%Added
Ensign Peak Advisors, Inc2,519,972$24.2M0.04%+5,688+0.2%Added
Millennium Management LLC2,250,497$21.6M0.02%+1,727,134+330.0%Added
683 Capital Management, LLC2,105,000$20.2M2.05%+660,000+45.7%Added
NEA Management Company, LLC1,960,169$18.8M1.42%00.0%Unchanged
Wasatch Advisors Inc1,461,895$14.0M0.07%−239,732−14.1%Reduced
Catalys Pacific, LLC1,167,114$11.2M8.50%00.0%Unchanged
Geode Capital Management, LLC1,069,927$10.3M0.00%+53,504+5.3%Added
Avidity Partners Management LP1,064,500$10.2M2.05%+264,500+33.1%Added
GW&K Investment Management, LLC1,048,472$10.1M0.09%−55,836−5.1%Reduced
Propel Bio Management, LLC922,927$8.85M10.74%−212,000−18.7%Reduced
State Street Corp849,424$8.15M0.00%−51,930−5.8%Reduced
Catalio Capital Management, LP672,290$6.45M1.35%+672,290New
Moore Capital Management, LP600,000$5.75M0.11%+600,000New
Simplify Asset Management Inc.521,935$5.01M0.30%−160,000−23.5%Reduced
Citigroup Inc517,247$4.96M0.00%−13,612−2.6%Reduced
StepStone Group LP422,085$4.05M8.03%00.0%Unchanged
UBS Group AG419,473$4.02M0.00%−288,105−40.7%Reduced
Charles Schwab Investment Management Inc360,160$3.45M0.00%+12,125+3.5%Added
Northern Trust Corp359,324$3.45M0.00%−27,299−7.1%Reduced
Schonfeld Strategic Advisors LLC306,399$2.94M0.02%+306,399New
Susquehanna Portfolio Strategies, LLC267,962$2.57M0.06%+267,962New
Goldman Sachs Group Inc192,526$1.85M0.00%+4,652+2.5%Added
Woodline Partners LP187,291$1.80M0.01%−564,401−75.1%Reduced
Ameriprise Financial Inc180,851$1.73M0.00%+180,851New
Royal Bank of Canada157,941$1.51M0.00%+147,759+1,451.2%Added
Morgan Stanley154,928$1.49M0.00%−976,104−86.3%Reduced
JPMorgan Chase & Co138,516$1.33M0.00%+1,123+0.8%Added
Susquehanna International Group, LLP134,208$1.29M0.00%−26,930−16.7%Reduced
Bank of New York Mellon Corp121,166$1.16M0.00%+6,631+5.8%Added
Nuveen, LLC110,110$1.06M0.00%+8,590+8.5%Added
Bank of America Corp96,080$921.4K0.00%−74,201−43.6%Reduced
State of Wisconsin Investment Board90,781$870.6K0.00%−8,995−9.0%Reduced
Barclays PLC82,170$788.0K0.00%+27,268+49.7%Added
Rhumbline Advisers64,557$619.1K0.00%+7,818+13.8%Added
ADAR1 Capital Management, LLC63,424$608.2K0.10%+20,624+48.2%Added
Penn Mutual Asset Management, LLC62,802$602.3K1.06%00.0%Unchanged
Creative Planning57,264$549.2K0.00%−2,673−4.5%Reduced
Alliancebernstein L.P.50,590$485.2K0.00%+5,000+11.0%Added
AQR Capital Management LLC49,924$478.8K0.00%−57,475−53.5%Reduced
Wells Fargo & Company46,678$447.6K0.00%+18,253+64.2%Added
Virtus Investment Advisers, Inc.44,306$424.9K0.14%−658−1.5%Reduced
Diadema Partners LP40,294$386.4K0.24%+40,294New
Nebula Research & Development LLC37,937$363.8K0.03%+9,116+31.6%Added
Quest Partners LLC32,206$308.9K0.03%+30,760+2,127.2%Added
Commonwealth Equity Services, LLC31,556$303.0K0.00%−20,875−39.8%Reduced
Gilder Gagnon Howe & Co LLC31,358$300.7K0.00%−10,208−24.6%Reduced
Price T Rowe Associates Inc30,104$289.0K0.00%+3,091+11.4%Added
Kera Capital Partners, Inc.30,059$288.3K0.06%+210+0.7%Added
Occidental Asset Management, LLC29,672$284.6K0.04%00.0%Unchanged
Intech Investment Management LLC28,192$270.4K0.00%+6,708+31.2%Added
Brevan Howard Capital Management LP27,834$266.9K0.00%+27,834New
Deutsche Bank AG26,079$250.1K0.00%−1,093−4.0%Reduced
MetLife Investment Management25,845$247.9K0.00%+1,479+6.1%Added
Birchview Capital, LP25,000$239.8K0.24%+25,000New
Mirae Asset Global ETFs Holdings Ltd.23,334$223.8K0.00%+171+0.7%Added
Summit Financial Wealth Advisors, LLC22,143$212.4K0.04%−9,000−28.9%Reduced
Stifel Financial Corp20,467$196.3K0.00%+3,069+17.6%Added
Allworth Financial LP20,448$196.1K0.00%−30−0.1%Reduced
Inspirion Wealth Advisors, LLC19,814$190.0K0.03%−50−0.3%Reduced
Manufacturers Life Insurance Company, The15,826$151.8K0.00%+1,364+9.4%Added
Kestra Private Wealth Services, LLC15,500$148.6K0.00%00.0%Unchanged
ExodusPoint Capital Management, LP15,146$145.0K0.00%−64,165−80.9%Reduced
Private Advisor Group, LLC14,580$139.8K0.00%+14,580New
XTX Topco Ltd14,330$137.4K0.01%−75,861−84.1%Reduced
China Universal Asset Management Co., Ltd.14,022$134.5K0.01%+307+2.2%Added
Axq Capital, LP13,620$130.6K0.04%+13,620New
Balyasny Asset Management LLC13,182$126.4K0.00%−32,649−71.2%Reduced
Voya Investment Management LLC11,823$113.4K0.00%+753+6.8%Added
Entropy Technologies, LP11,600$111.2K0.01%+11,600New
Susquehanna Fundamental Investments, LLC11,473$110.0K0.00%00.0%Unchanged
ProShare Advisors LLC11,265$108.0K0.00%−449−3.8%Reduced
Advisor Group Holdings, Inc.11,250$107.9K0.00%00.0%Unchanged
Fiduciary Trust Co10,905$104.6K0.00%00.0%Unchanged
New York State Common Retirement Fund10,770$103.3K0.00%00.0%Unchanged
Staley Capital Advisers Inc10,000$95.9K0.00%00.0%Unchanged
Persistent Asset Partners Ltd9,421$90.3K0.08%+9,421New
Police & Firemen's Retirement System of New Jersey8,251$79.1K0.00%00.0%Unchanged
FMR LLC5,881$56.4K0.00%−503,701−98.8%Reduced
Tower Research Capital LLC (TRC)5,710$54.8K0.00%+2,102+58.3%Added
BNP Paribas Arbitrage, SA5,072$48.6K0.00%+2,122+71.9%Added
Ameritas Investment Partners, Inc.4,311$41.3K0.00%+1,216+39.3%Added
Legal & General Group Plc4,087$39.2K0.00%−32,351−88.8%Reduced
Raymond James Financial Inc3,174$30.4K0.00%+3,174New
California State Teachers Retirement System2,889$27.7K0.00%−32,373−91.8%Reduced
Russell Investments Group, Ltd.2,736$26.2K0.00%−39,063−93.5%Reduced
Skopos Labs, Inc.2,718$26.1K0.00%−738−21.4%Reduced
Mirae Asset Global Investments Co., Ltd.2,697$25.9K0.00%+409+17.9%Added
CWM, LLC2,093$20.0K0.00%−5,291−71.7%Reduced
GF Fund Management Co. Ltd.1,751$16.8K0.00%00.0%Unchanged
Huntington National Bank1,588$15.2K0.00%+202+14.6%Added
Amalgamated Bank1,354$13.0K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.1,347$12.9K0.00%+1,037+334.5%Added
C M Bidwell & Associates Ltd1,122$10.8K0.01%+1,122New
Nisa Investment Advisors, LLC1,058$10.1K0.00%+790+294.8%Added