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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
Stifel Financial Corp54,039$600.4K0.00%+2,378+4.6%Added
Diadema Partners LP54,650$607.2K0.25%+54,650New
Rhumbline Advisers55,439$615.9K0.00%+3,346+6.4%Added
AQR Capital Management LLC55,468$616.2K0.00%+1,020+1.9%Added
UBS Asset Management Americas Inc55,788$619.8K0.00%+25,157+82.1%Added
Virtus Investment Advisers, Inc.57,986$644.2K0.18%+11,049+23.5%Added
Campbell & CO Investment Adviser LLC62,023$689.1K0.04%−53,261−46.2%Reduced
Penn Mutual Asset Management, LLC62,802$697.7K3.57%00.0%Unchanged
Creative Planning70,193$779.8K0.00%−10,573−13.1%Reduced
Alliancebernstein L.P.49,390$819.4K0.00%00.0%Unchanged
Engineers Gate Manager LP73,848$820.5K0.01%+29,590+66.9%Added
Burkehill Global Management, LP75,000$833.3K0.04%+75,000New
Morgan Stanley76,681$851.9K0.00%−41,100−34.9%Reduced
KBC Group NV77,139$857.0K0.00%+77,139New
Hussman Strategic Advisors, Inc.84,000$933.2K0.20%−63,000−42.9%Reduced
Freestone Grove Partners LP84,573$939.6K0.01%+84,573New
Russell Investments Group, Ltd.85,683$951.9K0.00%+79,039+1,189.6%Added
Swiss National Bank92,600$1.03M0.00%+8,600+10.2%Added
Susquehanna International Group, LLP92,979$1.03M0.00%−456,192−83.1%Reduced
Brevan Howard Capital Management LP94,638$1.05M0.01%−182,351−65.8%Reduced
Balyasny Asset Management LLC95,301$1.06M0.00%−111,784−54.0%Reduced
Gsa Capital Partners LLP97,068$1.08M0.07%+14,444+17.5%Added
Stratos Wealth Partners, LTD.100,000$1.11M0.01%+49,700+98.8%Added
Wellington Management Group LLP111,752$1.24M0.00%−22,794−16.9%Reduced
Nuveen, LLC117,301$1.30M0.00%+8,455+7.8%Added
Bank of New York Mellon Corp124,018$1.38M0.00%+1,051+0.9%Added
D. E. Shaw & Co., Inc.132,457$1.47M0.00%−128,611−49.3%Reduced
Gilder Gagnon Howe & Co LLC139,889$1.55M0.02%−5,285−3.6%Reduced
Hennion & Walsh Asset Management, Inc.145,932$1.62M0.05%+30,951+26.9%Added
XTX Topco Ltd160,501$1.78M0.03%+121,101+307.4%Added
GWM Advisors LLC183,000$2.03M0.01%−17,823−8.9%Reduced
Birchview Capital, LP195,000$2.17M1.23%00.0%Unchanged
Bank of America Corp208,115$2.31M0.00%−50,881−19.6%Reduced
Catalio Capital Management, LP247,767$2.75M0.58%−451,229−64.6%Reduced
Avidity Partners Management LP249,390$2.77M0.56%+43,314+21.0%Added
Ameriprise Financial Inc254,219$2.82M0.00%+68,475+36.9%Added
Simplify Asset Management Inc.262,386$2.92M0.04%−59,549−18.5%Reduced
Susquehanna Portfolio Strategies, LLC267,962$2.98M0.04%00.0%Unchanged
JPMorgan Chase & Co287,430$3.03M0.00%−9,254−3.1%Reduced
Squarepoint Ops LLC275,161$3.06M0.01%+275,161New
Trexquant Investment LP293,305$3.26M0.02%+156,481+114.4%Added
Renaissance Technologies LLC305,800$3.40M0.01%+305,800New
Vanguard Fiduciary Trust Co338,713$3.76M0.00%+338,713New
UBS Group AG360,371$4.00M0.00%+55,988+18.4%Added
Woodline Partners LP369,052$4.10M0.02%+181,761+97.0%Added
Citadel Advisors LLC383,058$4.26M0.00%+71,743+23.0%Added
Charles Schwab Investment Management Inc409,015$4.54M0.00%+11,105+2.8%Added
Northern Trust Corp414,956$4.61M0.00%+58,490+16.4%Added
StepStone Group LP422,085$4.69M2.26%00.0%Unchanged
Two Sigma Investments, LP482,136$5.36M0.00%+424,353+734.4%Added
EcoR1 Capital, LLC625,000$6.94M0.30%+625,000New
Goldman Sachs Group Inc626,196$6.96M0.00%+234,151+59.7%Added
Vanguard Portfolio Management LLC666,029$7.40M0.00%+666,029New
Propel Bio Management, LLC841,272$9.35M5.90%+100,354+13.5%Added
Marshall Wace, LLP860,692$9.56M0.01%+860,692New
Perceptive Advisors LLC925,000$10.3M0.20%+925,000New
Franklin Resources Inc994,504$11.0M0.00%+994,504New
SummitTX Capital, L.P.995,885$11.1M0.35%+478,065+92.3%Added
Nomura Asset Management International Inc.1,205,369$13.4M0.02%+1,205,369New
Geode Capital Management, LLC1,328,045$14.8M0.00%+254,611+23.7%Added
Wasatch Advisors Inc1,340,916$14.9M0.10%+9,247+0.7%Added
State Street Corp1,386,890$15.4M0.00%+237,354+20.6%Added
GW&K Investment Management, LLC1,421,109$15.8M0.14%+114,431+8.8%Added
Catalys Pacific, LLC1,493,854$16.6M7.19%+64,840+4.5%Added
Ensign Peak Advisors, Inc1,627,806$18.1M0.03%−724,214−30.8%Reduced
683 Capital Management, LLC1,850,000$20.6M1.91%+65,000+3.6%Added
NEA Management Company, LLC1,960,169$21.8M1.24%00.0%Unchanged
Vanguard Capital Management LLC2,583,636$28.7M0.00%+2,583,636New
Carlyle Group Inc.3,496,808$38.8M0.37%00.0%Unchanged
Millennium Management LLC4,022,909$44.7M0.03%+1,940,729+93.2%Added
BlackRock, Inc.4,061,996$45.1M0.00%+506,448+14.2%Added
Invesco Ltd.4,322,060$48.0M0.00%+401,614+10.2%Added
Medicxi Ventures Management (Jersey) Ltd7,464,572$82.9M8.45%00.0%Unchanged
Frazier Life Sciences Management, L.P.12,466,489$138.5M3.56%00.0%Unchanged
Divisadero Street Capital Management, LP0$00.00%−662,312−100.0%Sold out
Moore Capital Management, LP0$00.00%−600,000−100.0%Sold out
Next Century Growth Investors LLC0$00.00%−393,774−100.0%Sold out
Jane Street Group, LLC0$00.00%−384,770−100.0%Sold out
Caxton Associates LLP0$00.00%−181,968−100.0%Sold out
Southeast Asset Advisors Inc.0$00.00%−42,874−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−30,488−100.0%Sold out
Occidental Asset Management, LLC0$00.00%−29,919−100.0%Sold out
Quest Partners LLC0$00.00%−28,250−100.0%Sold out
HRT Financial LP0$00.00%−27,010−100.0%Sold out
Acadian Asset Management LLC0$00.00%−22,185−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−20,487−100.0%Sold out
SG Americas Securities, LLC0$00.00%−16,497−100.0%Sold out
Virtu Financial LLC0$00.00%−15,540−100.0%Sold out
Baader Bank INC0$00.00%−15,000−100.0%Sold out
Rafferty Asset Management, LLC0$00.00%−13,855−100.0%Sold out
Scientech Research LLC0$00.00%−12,879−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−12,867−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−11,473−100.0%Sold out
Entropy Technologies, LP0$00.00%−11,000−100.0%Sold out
Axq Capital, LP0$00.00%−10,540−100.0%Sold out
9823 Capital, L.P.0$00.00%−10,429−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−4,600−100.0%Sold out
RiverPark Advisors, LLC0$00.00%−2,807−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−2,275−100.0%Sold out
Simplex Trading, LLC0$00.00%−1,599−100.0%Sold out