Phathom PharmaceuticalsPHAT
13F holders, Q2 2025 (June 30)117holders −20
17new positions
36sold out
2famous investors
$9.59avg. 13F price*
At the end of Q2 2025, 117 institutions reported holding Phathom Pharmaceuticals Inc. (PHAT) in their 13F filings, down 20 from Q1 2025. 17 opened new positions and 36 sold out. The largest holders were Frazier Life Sciences Management, L.P. ($119.6M), Medicxi Ventures Management (Jersey) Ltd ($71.6M) and Invesco Ltd. ($39.7M). 2 famous investors held it, including Israel Englander (0.0% of Millennium Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Phathom Pharmaceuticals Inc.
- CUSIP
- 71722W107
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 17 | $20.9M |
| Exits | 36 | $69.4M |
All 13F filers, Q1 2025 → Q2 2025: 8,067,064 shares bought and 14,687,769 shares sold, net −6,620,705 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 117 holders
| Frazier Life Sciences Management, L.P. | 4.79% | Add +23.3% | 12,466,489 | $119.6M |
| Medicxi Ventures Management (Jersey) Ltd | 16.75% | No change | 7,464,572 | $71.6M |
| Invesco Ltd. | 0.01% | Add +13.4% | 4,140,072 | $39.7M |
| Carlyle Group Inc. | 0.67% | No change | 3,496,808 | $33.5M |
| BlackRock, Inc. | 0.00% | Reduce -0.3% | 3,315,348 | $31.8M |
| Vanguard Group Inc. | 0.00% | Add +0.3% | 2,787,311 | $26.7M |
| Ensign Peak Advisors, Inc | 0.04% | Add +0.2% | 2,519,972 | $24.2M |
| Millennium Management | 0.02% | Add +330.0% | 2,250,497 | $21.6M |
| 683 Capital Management, LLC | 2.17% | Add +45.7% | 2,105,000 | $20.2M |
| NEA Management Company, LLC | 1.42% | No change | 1,960,169 | $18.8M |
| Wasatch Advisors LP | 0.07% | Reduce -14.1% | 1,461,895 | $14.0M |
| Catalys Pacific, LLC | 8.50% | No change | 1,167,114 | $11.2M |
| Geode Capital Management, LLC | 0.00% | Add +5.3% | 1,069,927 | $10.3M |
| Avidity Partners Management LP | 2.05% | Add +33.1% | 1,064,500 | $10.2M |
| GW&K Investment Management, LLC | 0.09% | Reduce -5.1% | 1,048,472 | $10.1M |
| Propel Bio Management, LLC | 10.74% | Reduce -18.7% | 922,927 | $8.9M |
| State Street Corp. | 0.00% | Reduce -5.8% | 849,424 | $8.1M |
| Catalio Capital Management, LP | 1.35% | New | 672,290 | $6.4M |
| Moore Capital Management, LP | 0.12% | New | 600,000 | $5.8M |
| Simplify Asset Management Inc. | 0.30% | Reduce -23.5% | 521,935 | $5.0M |
| Citigroup Inc. | 0.00% | Reduce -2.6% | 517,247 | $5.0M |
| StepStone Group LP | 8.03% | No change | 422,085 | $4.0M |
| UBS Group AG | 0.00% | Reduce -40.7% | 419,473 | $4.0M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +3.5% | 360,160 | $3.5M |
| Northern Trust Corp. | 0.00% | Reduce -7.1% | 359,324 | $3.4M |
| Schonfeld Strategic Advisors LLC | 0.02% | New | 306,399 | $2.9M |
| Susquehanna Portfolio Strategies, LLC | 0.06% | New | 267,962 | $2.6M |
| Goldman Sachs Group Inc. | 0.00% | Add +2.5% | 192,526 | $1.8M |
| Woodline Partners LP | 0.01% | Reduce -75.1% | 187,291 | $1.8M |
| Ameriprise Financial Inc. | 0.00% | New | 180,851 | $1.7M |
| Royal Bank of Canada | 0.00% | Add +1451.2% | 157,941 | $1.5M |
| Morgan Stanley | 0.00% | Reduce -86.3% | 154,928 | $1.5M |
| JPMorgan Chase & Co. | 0.00% | Add +0.8% | 138,516 | $1.3M |
| Susquehanna International Group, LLP | 0.00% | Reduce -16.7% | 134,208 | $1.3M |
| Bank of New York Mellon Corp | 0.00% | Add +5.8% | 121,166 | $1.2M |
| Nuveen, LLC | 0.00% | Add +8.5% | 110,110 | $1.1M |
| Bank of America Corp. | 0.00% | Reduce -43.6% | 96,080 | $921K |
| State of Wisconsin Investment Board | 0.00% | Reduce -9.0% | 90,781 | $871K |
| Barclays PLC | 0.00% | Add +49.7% | 82,170 | $788K |
| Rhumbline Advisers | 0.00% | Add +13.8% | 64,557 | $619K |
| ADAR1 Capital Management, LLC | 0.10% | Add +48.2% | 63,424 | $608K |
| Penn Mutual Asset Management | 1.33% | No change | 62,802 | $602K |
| Creative Planning | 0.00% | Reduce -4.5% | 57,264 | $549K |
| Alliancebernstein L.P. | 0.00% | Add +11.0% | 50,590 | $485K |
| AQR Capital Management | 0.00% | Reduce -53.5% | 49,924 | $479K |
| Wells Fargo & Company | 0.00% | Add +64.2% | 46,678 | $448K |
| Virtus Investment Advisers, LLC | 0.14% | Reduce -1.5% | 44,306 | $425K |
| Diadema Partners LP | 0.24% | New | 40,294 | $386K |
| Nebula Research & Development LLC | 0.03% | Add +31.6% | 37,937 | $364K |
| AlphaQuest LLC | 0.03% | Add +2127.3% | 32,206 | $309K |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -39.8% | 31,556 | $303K |
| Gilder Gagnon Howe & Co. LLC | 0.00% | Reduce -24.6% | 31,358 | $301K |
| T. Rowe Price Associates Inc. | 0.00% | Add +11.4% | 30,104 | $289K |
| Kera Capital Partners, Inc. | 0.06% | Add +0.7% | 30,059 | $288K |
| Occidental Asset Management, LLC | 0.04% | No change | 29,672 | $285K |
| Intech Investment Management LLC | 0.00% | Add +31.2% | 28,192 | $270K |
| Brevan Howard Capital Management LP | 0.00% | New | 27,834 | $267K |
| Deutsche Bank AG | 0.00% | Reduce -4.0% | 26,079 | $250K |
| MetLife Investment Management, LLC | 0.00% | Add +6.1% | 25,845 | $248K |
| Birchview Capital, LP | 0.24% | New | 25,000 | $240K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +0.7% | 23,334 | $224K |
| Summit Financial Wealth Advisors, LLC | 0.04% | Reduce -28.9% | 22,143 | $212K |
| Stifel Financial Corp. | 0.00% | Add +17.6% | 20,467 | $196K |
| Allworth Financial LP | 0.00% | Reduce -0.1% | 20,448 | $196K |
| Inspirion Wealth Advisors, LLC | 0.03% | Reduce -0.3% | 19,814 | $190K |
| Manufacturers Life Insurance Company, The | 0.00% | Add +9.4% | 15,826 | $152K |
| Kestra Private Wealth Services, LLC | 0.00% | No change | 15,500 | $149K |
| ExodusPoint Capital Management, LP | 0.00% | Reduce -80.9% | 15,146 | $145K |
| Private Advisor Group, LLC | 0.00% | New | 14,580 | $140K |
| XTX Topco Ltd | 0.01% | Reduce -84.1% | 14,330 | $137K |
| China Universal Asset Management Co., Ltd. | 0.01% | Add +2.2% | 14,022 | $134K |
| Axq Capital, LP | 0.04% | New | 13,620 | $131K |
| Balyasny Asset Management L.P. | 0.00% | Reduce -71.2% | 13,182 | $126K |
| Voya Investment Management LLC | 0.00% | Add +6.8% | 11,823 | $113K |
| Entropy Technologies, LP | 0.01% | New | 11,600 | $111K |
| Susquehanna Fundamental Investments, LLC | 0.00% | No change | 11,473 | $110K |
| ProShare Advisors LLC | 0.00% | Reduce -3.8% | 11,265 | $108K |
| Osaic Holdings, Inc. | 0.00% | No change | 11,250 | $108K |
| Fiduciary Trust Co | 0.00% | No change | 10,905 | $105K |
| New York State Common Retirement Fund | 0.00% | No change | 10,770 | $103K |
| Staley Capital Advisers Inc. | 0.00% | No change | 10,000 | $96K |
| Persistent Asset Partners Ltd | 0.08% | New | 9,421 | $90K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 8,251 | $79K |
| FMR LLC | 0.00% | Reduce -98.8% | 5,881 | $56K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +58.3% | 5,710 | $55K |
| BNP Paribas Financial Markets | 0.00% | Add +71.9% | 5,072 | $49K |
| Ameritas Investment Partners, Inc. | 0.00% | Add +39.3% | 4,311 | $41K |
| Legal & General Group Plc | 0.00% | Reduce -88.8% | 4,087 | $39K |
| Raymond James Financial Inc. | 0.00% | New | 3,174 | $30K |
| California State Teachers Retirement System | 0.00% | Reduce -91.8% | 2,889 | $28K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -93.5% | 2,736 | $26K |
| Brooklyn Investment Group | 0.00% | Reduce -21.4% | 2,718 | $26K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Add +17.9% | 2,697 | $26K |
| Cwm, LLC | 0.00% | Reduce -71.7% | 2,093 | $20K |
| GF Fund Management Co. LTD. | 0.00% | No change | 1,751 | $17K |
| Huntington National Bank | 0.00% | Add +14.6% | 1,588 | $15K |
| Amalgamated Bank | 0.00% | No change | 1,354 | $13K |
| PNC Financial Services Group, Inc. | 0.00% | Add +334.5% | 1,347 | $13K |
| C M Bidwell & Associates Ltd. | 0.01% | New | 1,122 | $11K |
| Nisa Investment Advisors, LLC | 0.00% | Add +294.8% | 1,058 | $10K |
| Quarry LP | 0.00% | New | 1,024 | $10K |
| Sterling Capital Management LLC | 0.00% | Add +60.7% | 903 | $9K |
| Bear Mountain Capital, Inc. | 0.00% | No change | 1,000 | $8K |
| Larson Financial Group LLC | 0.00% | No change | 647 | $6K |
| Jones Financial Companies LLLP | 0.00% | New | 465 | $5K |
| Farther Finance Advisors, LLC | 0.00% | Reduce -49.9% | 342 | $3K |
| US Bancorp \de | 0.00% | Reduce -98.8% | 277 | $3K |
| Daiwa Securities Group Inc. | 0.00% | No change | 260 | $2K |
| Fortitude Family Office, LLC | 0.00% | New | 208 | $2K |
| Parallel Advisors, LLC | 0.00% | Reduce -43.5% | 186 | $2K |
| SBI Securities Co., Ltd. | 0.00% | Add +156.0% | 128 | $1K |
| True Wealth Design, LLC | 0.00% | Add +450.0% | 88 | $844 |
| EverSource Wealth Advisors, LLC | 0.00% | Add +113.5% | 79 | $758 |
| GAMMA Investing LLC | 0.00% | Reduce -96.7% | 24 | $230 |
| Elevation Wealth Partners, LLC | 0.00% | No change | 20 | $192 |
| IFP Advisors, Inc | 0.00% | Add +450.0% | 11 | $105 |
| Covestor Ltd | 0.00% | Add +128.6% | 16 | $0 |
"% of holder's portfolio" is PHAT's weight in each manager's 13F, not the share of Phathom Pharmaceuticals Inc. the manager owns.