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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, Q3 2025

Institutional positions in Phathom Pharmaceuticals, Inc. as of Sep 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
133
+16 vs. Q2 2025
Shares held
62.3M
+4.93M (+8.6%) vs. Q2 2025
Total value
$733.6M
+$183.1M (+33.3%) vs. Q2 2025
New holders
27
45 more added
Sold out
11
28 more reduced

Compare with Q2 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 holdersQ3 2025: 133 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 heldQ3 2025: $733.6M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Phathom Pharmaceuticals, Inc.; share changes are against Q2 2025.

Institutions holding PHAT in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bank of America Corp249,094$2.93M0.00%+153,014+159.3%Added
Morgan Stanley255,573$3.01M0.00%+100,645+65.0%Added
Susquehanna Portfolio Strategies, LLC267,962$3.15M0.05%00.0%Unchanged
Walleye Capital LLC290,467$3.42M0.03%+290,467New
Balyasny Asset Management LLC295,161$3.47M0.01%+281,979+2,139.1%Added
Avidity Partners Management LP306,000$3.60M0.82%−758,500−71.3%Reduced
Simplify Asset Management Inc.321,935$3.79M0.08%−200,000−38.3%Reduced
UBS Group AG338,360$3.98M0.00%−81,113−19.3%Reduced
Northern Trust Corp357,578$4.21M0.00%−1,746−0.5%Reduced
Charles Schwab Investment Management Inc365,904$4.31M0.00%+5,744+1.6%Added
SummitTX Capital, L.P.385,968$4.54M0.19%+385,968New
StepStone Group LP422,085$4.97M2.34%00.0%Unchanged
AIGH Capital Management LLC429,000$5.05M1.77%+429,000New
Citadel Advisors LLC508,720$5.99M0.00%+508,720New
Propel Bio Management, LLC552,927$6.51M6.51%−370,000−40.1%Reduced
Ameriprise Financial Inc554,590$6.53M0.00%+373,739+206.7%Added
Moore Capital Management, LP600,000$7.06M0.14%00.0%Unchanged
State Street Corp1,053,591$12.4M0.00%+204,167+24.0%Added
Geode Capital Management, LLC1,088,910$12.8M0.00%+18,983+1.8%Added
Catalio Capital Management, LP1,128,521$13.3M2.46%+456,231+67.9%Added
GW&K Investment Management, LLC1,144,330$13.5M0.12%+95,858+9.1%Added
Catalys Pacific, LLC1,167,114$13.7M3.91%00.0%Unchanged
Wasatch Advisors Inc1,537,218$18.1M0.10%+75,323+5.2%Added
683 Capital Management, LLC1,820,380$21.4M1.95%−284,620−13.5%Reduced
NEA Management Company, LLC1,960,169$23.1M1.27%00.0%Unchanged
Ensign Peak Advisors, Inc2,503,344$29.5M0.05%−16,628−0.7%Reduced
Vanguard Group Inc3,215,572$37.8M0.00%+428,261+15.4%Added
BlackRock, Inc.3,402,324$40.0M0.00%+86,976+2.6%Added
Carlyle Group Inc.3,496,808$41.1M0.95%00.0%Unchanged
Invesco Ltd.3,864,971$45.5M0.01%−275,101−6.6%Reduced
Millennium Management LLC5,081,451$59.8M0.05%+2,830,954+125.8%Added
Medicxi Ventures Management (Jersey) Ltd7,464,572$87.9M11.80%00.0%Unchanged
Frazier Life Sciences Management, L.P.12,466,489$146.7M4.40%00.0%Unchanged
Schonfeld Strategic Advisors LLC0$00.00%−306,399−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−90,781−100.0%Sold out
Diadema Partners LP0$00.00%−40,294−100.0%Sold out
Nebula Research & Development LLC0$00.00%−37,937−100.0%Sold out
Voya Investment Management LLC0$00.00%−11,823−100.0%Sold out
Entropy Technologies, LP0$00.00%−11,600−100.0%Sold out
ProShare Advisors LLC0$00.00%−11,265−100.0%Sold out
Staley Capital Advisers Inc0$00.00%−10,000−100.0%Sold out
Persistent Asset Partners Ltd0$00.00%−9,421−100.0%Sold out
Skopos Labs, Inc.0$00.00%−2,718−100.0%Sold out
IFP Advisors, Inc0$00.00%−11−100.0%Sold out