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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, Q4 2025

Institutional positions in Phathom Pharmaceuticals, Inc. as of Dec 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
173
+40 vs. Q3 2025
Shares held
62.0M
−370.1K (−0.6%) vs. Q3 2025
Total value
$1.03B
+$291.9M (+39.8%) vs. Q3 2025
New holders
50
49 more added
Sold out
10
50 more reduced

Compare with Q3 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 holdersQ4 2025: 173 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 heldQ4 2025: $1.03B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Phathom Pharmaceuticals, Inc.; share changes are against Q3 2025.

Institutions holding PHAT in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mirae Asset Global ETFs Holdings Ltd.18,460$306.3K0.00%−942−4.9%Reduced
Jump Financial, LLC17,408$288.8K0.00%+17,408New
Bridgefront Capital, LLC16,981$281.7K0.07%+16,981New
SG Americas Securities, LLC16,497$274.0K0.00%+16,497New
Fiduciary Trust Co16,040$266.1K0.00%−75−0.5%Reduced
Profund Advisors LLC15,562$258.2K0.01%+3,392+27.9%Added
Virtu Financial LLC15,540$258.0K0.01%+15,540New
State of Wisconsin Investment Board15,285$253.6K0.00%+15,285New
Baader Bank INC15,000$248.8K0.02%+15,000New
Pathstone Holdings, LLC14,900$247.2K0.00%+4,578+44.4%Added
Private Advisor Group, LLC14,580$241.9K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS14,000$232.3K0.00%+14,000New
Rafferty Asset Management, LLC13,855$229.9K0.00%+13,855New
Persistent Asset Partners Ltd12,916$214.3K0.10%+12,916New
Scientech Research LLC12,879$213.7K0.13%+12,879New
Graham Capital Management, L.P.12,867$213.5K0.01%+12,867New
Manufacturers Life Insurance Company, The12,438$206.3K0.00%−2,174−14.9%Reduced
Police & Firemen's Retirement System of New Jersey11,925$197.8K0.00%00.0%Unchanged
Arizona State Retirement System11,867$196.9K0.00%+11,867New
China Universal Asset Management Co., Ltd.11,592$192.3K0.01%−843−6.8%Reduced
Susquehanna Fundamental Investments, LLC11,473$190.3K0.01%00.0%Unchanged
Entropy Technologies, LP11,000$182.5K0.01%+11,000New
Axq Capital, LP10,540$174.9K0.04%−9,322−46.9%Reduced
Allworth Financial LP10,450$173.4K0.00%−9,998−48.9%Reduced
9823 Capital, L.P.10,429$173.0K0.12%+10,429New
ProShare Advisors LLC10,377$172.2K0.00%+10,377New
BNP Paribas Arbitrage, SA9,790$162.4K0.00%+962+10.9%Added
FMR LLC7,181$119.1K0.00%+182+2.6%Added
Great West Life Assurance Co6,818$113.0K0.00%+6,818New
Russell Investments Group, Ltd.6,644$110.2K0.00%+282+4.4%Added
Advisor Group Holdings, Inc.6,450$107.0K0.00%−4,502−41.1%Reduced
Canada Pension Plan Investment Board4,600$76.3K0.00%+500+12.2%Added
Ameritas Investment Partners, Inc.3,527$58.5K0.00%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.3,457$57.4K0.00%+714+26.0%Added
Jones Financial Companies LLLP2,871$47.6K0.00%+348+13.8%Added
RiverPark Advisors, LLC2,807$46.6K0.01%+2,807New
Kestra Advisory Services, LLC2,275$37.7K0.00%+2,275New
CWM, LLC2,008$33.0K0.00%+40+2.0%Added
Huntington National Bank1,986$32.9K0.00%−36−1.8%Reduced
Sterling Capital Management LLC1,749$29.0K0.00%−410−19.0%Reduced
Simplex Trading, LLC1,599$26.5K0.00%−18,361−92.0%Reduced
The PNC Financial Services Group, Inc.1,421$23.6K0.00%−127−8.2%Reduced
GF Fund Management Co. Ltd.1,397$23.2K0.00%−129−8.5%Reduced
Amalgamated Bank1,248$21.0K0.00%−106−7.8%Reduced
Tower Research Capital LLC (TRC)1,097$18.2K0.00%−465−29.8%Reduced
Quadrant Capital Group LLC1,073$17.8K0.00%00.0%Unchanged
Strategic Wealth Advisors LLC1,000$16.0K0.01%+1,000New
C M Bidwell & Associates Ltd853$14.2K0.01%−269−24.0%Reduced
Larson Financial Group LLC647$10.7K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.604$10.0K0.00%+604New
Nisa Investment Advisors, LLC568$9.42K0.00%+380+202.1%Added
Federated Hermes, Inc.549$9.11K0.00%+549New
Quantbot Technologies LP535$8.88K0.00%−9,262−94.5%Reduced
MCF Advisors LLC446$7.40K0.00%+446New
Farther Finance Advisors, LLC342$5.67K0.00%00.0%Unchanged
Massmutual Trust Co FSB320$5.31K0.00%+33+11.5%Added
GAMMA Investing LLC303$5.03K0.00%−57−15.8%Reduced
US Bancorp277$4.59K0.00%−7,000−96.2%Reduced
Daiwa Securities Group Inc.260$4.00K0.00%00.0%Unchanged
Fortitude Family Office, LLC208$3.45K0.00%00.0%Unchanged
Optiver Holding B.V.198$3.29K0.00%−386−66.1%Reduced
Rockefeller Capital Management L.P.155$2.57K0.00%+155New
Parallel Advisors, LLC100$1.66K0.00%−86−46.2%Reduced
True Wealth Design, LLC95$1.58K0.00%+7+8.0%Added
Signaturefd, LLC40$6640.00%+40New
Caitong International Asset Management Co., Ltd28$4650.00%+28New
Rachor Investment Advisory Services, LLC25$4150.00%+25New
ZRC Wealth Management, LLC20$3320.00%00.0%Unchanged
SRS Capital Advisors, Inc.6$1000.00%−53−89.8%Reduced
Essential Partners LLC6$1000.00%+6New
EverSource Wealth Advisors, LLC5$830.00%−66−93.0%Reduced
IFP Advisors, Inc1$170.00%+1New
Covestor Ltd16$00.00%00.0%Unchanged
AIGH Capital Management LLC0$00.00%−429,000−100.0%Sold out
Walleye Capital LLC0$00.00%−290,467−100.0%Sold out
PharVision Advisers, LLC0$00.00%−30,968−100.0%Sold out
Quadrature Capital Ltd0$00.00%−30,272−100.0%Sold out
Omers Administration Corp0$00.00%−16,500−100.0%Sold out
Kestra Private Wealth Services, LLC0$00.00%−15,500−100.0%Sold out
Quarry LP0$00.00%−7,007−100.0%Sold out
Leonteq Securities AG0$00.00%−4,800−100.0%Sold out
Bear Mountain Capital, Inc.0$00.00%−1,000−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−23−100.0%Sold out