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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 2026

Institutional positions in Phathom Pharmaceuticals, Inc. as of Mar 31, 2026. 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
174
+2 vs. Q4 2025
Shares held
68.9M
+10.1M (+17.2%) vs. Q4 2025
Total value
$765.5M
−$207.3M (−21.3%) vs. Q4 2025
New holders
37
75 more added
Sold out
35
40 more reduced

1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 174 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 2026: $765.5M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Phathom Pharmaceuticals, Inc.; share changes are against Q4 2025.

Institutions holding PHAT in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Frazier Life Sciences Management, L.P.12,466,489$138.5M3.56%00.0%Unchanged
Medicxi Ventures Management (Jersey) Ltd7,464,572$82.9M8.45%00.0%Unchanged
Invesco Ltd.4,322,060$48.0M0.00%+401,614+10.2%Added
BlackRock, Inc.4,061,996$45.1M0.00%+506,448+14.2%Added
Millennium Management LLC4,022,909$44.7M0.03%+1,940,729+93.2%Added
Carlyle Group Inc.3,496,808$38.8M0.37%00.0%Unchanged
Vanguard Capital Management LLC2,583,636$28.7M0.00%+2,583,636New
NEA Management Company, LLC1,960,169$21.8M1.24%00.0%Unchanged
683 Capital Management, LLC1,850,000$20.6M1.91%+65,000+3.6%Added
Ensign Peak Advisors, Inc1,627,806$18.1M0.03%−724,214−30.8%Reduced
Catalys Pacific, LLC1,493,854$16.6M7.19%+64,840+4.5%Added
GW&K Investment Management, LLC1,421,109$15.8M0.14%+114,431+8.8%Added
State Street Corp1,386,890$15.4M0.00%+237,354+20.6%Added
Wasatch Advisors Inc1,340,916$14.9M0.10%+9,247+0.7%Added
Geode Capital Management, LLC1,328,045$14.8M0.00%+254,611+23.7%Added
Nomura Asset Management International Inc.1,205,369$13.4M0.02%+1,205,369New
SummitTX Capital, L.P.995,885$11.1M0.35%+478,065+92.3%Added
Franklin Resources Inc994,504$11.0M0.00%+994,504New
Perceptive Advisors LLC925,000$10.3M0.20%+925,000New
Marshall Wace, LLP860,692$9.56M0.01%+860,692New
Propel Bio Management, LLC841,272$9.35M5.90%+100,354+13.5%Added
Vanguard Portfolio Management LLC666,029$7.40M0.00%+666,029New
Goldman Sachs Group Inc626,196$6.96M0.00%+234,151+59.7%Added
EcoR1 Capital, LLC625,000$6.94M0.30%+625,000New
Two Sigma Investments, LP482,136$5.36M0.00%+424,353+734.4%Added
StepStone Group LP422,085$4.69M2.26%00.0%Unchanged
Northern Trust Corp414,956$4.61M0.00%+58,490+16.4%Added
Charles Schwab Investment Management Inc409,015$4.54M0.00%+11,105+2.8%Added
Citadel Advisors LLC383,058$4.26M0.00%+71,743+23.0%Added
Woodline Partners LP369,052$4.10M0.02%+181,761+97.0%Added
UBS Group AG360,371$4.00M0.00%+55,988+18.4%Added
Vanguard Fiduciary Trust Co338,713$3.76M0.00%+338,713New
Renaissance Technologies LLC305,800$3.40M0.01%+305,800New
Trexquant Investment LP293,305$3.26M0.02%+156,481+114.4%Added
Squarepoint Ops LLC275,161$3.06M0.01%+275,161New
JPMorgan Chase & Co287,430$3.03M0.00%−9,254−3.1%Reduced
Susquehanna Portfolio Strategies, LLC267,962$2.98M0.04%00.0%Unchanged
Simplify Asset Management Inc.262,386$2.92M0.04%−59,549−18.5%Reduced
Ameriprise Financial Inc254,219$2.82M0.00%+68,475+36.9%Added
Avidity Partners Management LP249,390$2.77M0.56%+43,314+21.0%Added
Catalio Capital Management, LP247,767$2.75M0.58%−451,229−64.6%Reduced
Bank of America Corp208,115$2.31M0.00%−50,881−19.6%Reduced
Birchview Capital, LP195,000$2.17M1.23%00.0%Unchanged
GWM Advisors LLC183,000$2.03M0.01%−17,823−8.9%Reduced
XTX Topco Ltd160,501$1.78M0.03%+121,101+307.4%Added
Hennion & Walsh Asset Management, Inc.145,932$1.62M0.05%+30,951+26.9%Added
Gilder Gagnon Howe & Co LLC139,889$1.55M0.02%−5,285−3.6%Reduced
D. E. Shaw & Co., Inc.132,457$1.47M0.00%−128,611−49.3%Reduced
Bank of New York Mellon Corp124,018$1.38M0.00%+1,051+0.9%Added
Nuveen, LLC117,301$1.30M0.00%+8,455+7.8%Added
Wellington Management Group LLP111,752$1.24M0.00%−22,794−16.9%Reduced
Stratos Wealth Partners, LTD.100,000$1.11M0.01%+49,700+98.8%Added
Gsa Capital Partners LLP97,068$1.08M0.07%+14,444+17.5%Added
Balyasny Asset Management LLC95,301$1.06M0.00%−111,784−54.0%Reduced
Brevan Howard Capital Management LP94,638$1.05M0.01%−182,351−65.8%Reduced
Susquehanna International Group, LLP92,979$1.03M0.00%−456,192−83.1%Reduced
Swiss National Bank92,600$1.03M0.00%+8,600+10.2%Added
Russell Investments Group, Ltd.85,683$951.9K0.00%+79,039+1,189.6%Added
Freestone Grove Partners LP84,573$939.6K0.01%+84,573New
Hussman Strategic Advisors, Inc.84,000$933.2K0.20%−63,000−42.9%Reduced
KBC Group NV77,139$857.0K0.00%+77,139New
Morgan Stanley76,681$851.9K0.00%−41,100−34.9%Reduced
Burkehill Global Management, LP75,000$833.3K0.04%+75,000New
Engineers Gate Manager LP73,848$820.5K0.01%+29,590+66.9%Added
Alliancebernstein L.P.49,390$819.4K0.00%00.0%Unchanged
Creative Planning70,193$779.8K0.00%−10,573−13.1%Reduced
Penn Mutual Asset Management, LLC62,802$697.7K3.57%00.0%Unchanged
Campbell & CO Investment Adviser LLC62,023$689.1K0.04%−53,261−46.2%Reduced
Virtus Investment Advisers, Inc.57,986$644.2K0.18%+11,049+23.5%Added
UBS Asset Management Americas Inc55,788$619.8K0.00%+25,157+82.1%Added
AQR Capital Management LLC55,468$616.2K0.00%+1,020+1.9%Added
Rhumbline Advisers55,439$615.9K0.00%+3,346+6.4%Added
Diadema Partners LP54,650$607.2K0.25%+54,650New
Stifel Financial Corp54,039$600.4K0.00%+2,378+4.6%Added
Price T Rowe Associates Inc52,453$583.0K0.00%+15,382+41.5%Added
Stonepine Capital Management, LLC50,010$555.6K0.49%+50,010New
Wells Fargo & Company46,113$512.3K0.00%−21,903−32.2%Reduced
State of Wisconsin Investment Board44,004$488.9K0.00%+28,719+187.9%Added
ADAR1 Capital Management, LLC42,900$476.6K0.03%00.0%Unchanged
Aquatic Capital Management LLC40,852$453.9K0.01%+40,852New
California State Teachers Retirement System40,222$446.9K0.00%+79+0.2%Added
Algert Global LLC39,420$438.0K0.01%+39,420New
VARCOV Co.39,173$435.2K0.16%−47,586−54.8%Reduced
Tudor Investment Corp Et Al38,225$424.7K0.00%+9,671+33.9%Added
Deutsche Bank AG36,459$405.1K0.00%+3,079+9.2%Added
Tocqueville Asset Management L.P.35,200$391.1K0.01%+500+1.4%Added
Allstate Corp32,687$363.2K0.00%+32,687New
Commonwealth Equity Services, LLC32,230$358.1K0.00%+1,290+4.2%Added
Legal & General Group Plc32,037$355.9K0.00%−2,212−6.5%Reduced
Man Group plc30,352$337.2K0.00%+30,352New
Citigroup Inc29,369$326.3K0.00%+910+3.2%Added
Vanguard Asset Management, Ltd28,506$316.7K0.00%+28,506New
Kera Capital Partners, Inc.26,826$298.0K0.04%+2,571+10.6%Added
Persistent Asset Partners Ltd26,766$297.4K0.12%+13,850+107.2%Added
Vanguard Global Advisers, LLC26,511$294.5K0.00%+26,511New
Jump Financial, LLC26,445$293.8K0.00%+9,037+51.9%Added
Raymond James Financial Inc26,328$292.5K0.00%+1,938+7.9%Added
MetLife Investment Management25,845$287.1K0.00%00.0%Unchanged
Barclays PLC25,357$281.7K0.00%−59,502−70.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)24,992$277.7K0.00%+5,102+25.7%Added