Phathom PharmaceuticalsPHAT

13F holders, Q3 2025 (September 30)
133holders +16
27new positions
10sold out
4famous investors
$11.77avg. 13F price*

At the end of Q3 2025, 133 institutions reported holding Phathom Pharmaceuticals Inc. (PHAT) in their 13F filings, up 16 from Q2 2025. 27 opened new positions and 10 sold out. The largest holders were Frazier Life Sciences Management, L.P. ($146.7M), Medicxi Ventures Management (Jersey) Ltd ($87.9M) and Millennium Management ($59.8M). 4 famous investors held it, including Israel Englander (0.0% of Millennium Management's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).

Company
Phathom Pharmaceuticals Inc.
CUSIP
71722W107
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200 Q1 2024: 114Q1 2024Q2 2024: 114Q2 2024Q3 2024: 133Q3 2024Q4 2024: 144Q4 2024Q1 2025: 137Q1 2025Q2 2025: 117Q2 2025Q3 2025: 133Q3 2025Q4 2025: 173Q4 2025Q1 2026: 174Q1 2026Q2 2026: 161Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions27$29.1M
Exits10$4.7M

All 13F filers, Q2 2025 → Q3 2025: 8,041,688 shares bought and 3,077,549 shares sold, net +4,964,139 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 133 holders

Frazier Life Sciences Management, L.P. 4.41% No change 12,466,489 $146.7M
Medicxi Ventures Management (Jersey) Ltd 11.80% No change 7,464,572 $87.9M
Millennium Management 0.05% Add +125.8% 5,081,451 $59.8M
Invesco Ltd. 0.01% Reduce -6.6% 3,864,971 $45.5M
Carlyle Group Inc. 0.95% No change 3,496,808 $41.1M
BlackRock, Inc. 0.00% Add +2.6% 3,402,324 $40.0M
Vanguard Group Inc. 0.00% Add +15.4% 3,215,572 $37.8M
Ensign Peak Advisors, Inc 0.05% Reduce -0.7% 2,503,344 $29.5M
NEA Management Company, LLC 1.27% No change 1,960,169 $23.1M
683 Capital Management, LLC 2.04% Reduce -13.5% 1,820,380 $21.4M
Wasatch Advisors LP 0.10% Add +5.2% 1,537,218 $18.1M
Catalys Pacific, LLC 3.91% No change 1,167,114 $13.7M
GW&K Investment Management, LLC 0.12% Add +9.1% 1,144,330 $13.5M
Catalio Capital Management, LP 2.46% Add +67.9% 1,128,521 $13.3M
Geode Capital Management, LLC 0.00% Add +1.8% 1,088,910 $12.8M
State Street Corp. 0.00% Add +24.0% 1,053,591 $12.4M
Moore Capital Management, LP 0.14% No change 600,000 $7.1M
Ameriprise Financial Inc. 0.00% Add +206.7% 554,590 $6.5M
Propel Bio Management, LLC 6.51% Reduce -40.1% 552,927 $6.5M
Citadel Advisors 0.00% New 508,720 $6.0M
AIGH Capital Management LLC 1.77% New 429,000 $5.0M
StepStone Group LP 2.47% No change 422,085 $5.0M
SummitTX Capital, L.P. 0.19% New 385,968 $4.5M
Charles Schwab Investment Management Inc. 0.00% Add +1.6% 365,904 $4.3M
Northern Trust Corp. 0.00% Reduce -0.5% 357,578 $4.2M
UBS Group AG 0.00% Reduce -19.3% 338,360 $4.0M
Simplify Asset Management Inc. 0.08% Reduce -38.3% 321,935 $3.8M
Avidity Partners Management LP 0.82% Reduce -71.3% 306,000 $3.6M
Balyasny Asset Management L.P. 0.01% Add +2139.1% 295,161 $3.5M
Walleye Capital LLC 0.03% New 290,467 $3.4M
Susquehanna Portfolio Strategies, LLC 0.05% No change 267,962 $3.2M
Morgan Stanley 0.00% Add +65.0% 255,573 $3.0M
Bank of America Corp. 0.00% Add +159.3% 249,094 $2.9M
NewEdge Advisors, LLC 0.01% New 201,523 $2.2M
Woodline Partners LP 0.01% No change 187,291 $2.2M
Royal Bank of Canada 0.00% Add +2.9% 162,443 $1.9M
Susquehanna International Group, LLP 0.00% Add +14.9% 154,277 $1.8M
Goldman Sachs Group Inc. 0.00% Reduce -21.0% 152,032 $1.8M
Wellington Management Group LLP 0.00% New 146,459 $1.7M
JPMorgan Chase & Co. 0.00% Reduce -1.1% 136,948 $1.6M
Barclays PLC 0.00% Add +56.2% 128,356 $1.5M
Bank of New York Mellon Corp 0.00% Add +5.1% 127,382 $1.5M
Nuveen, LLC 0.00% No change 110,110 $1.3M
Jane Street Group, LLC 0.00% New 107,262 $1.3M
Gilder Gagnon Howe & Co. LLC 0.01% Add +182.4% 88,542 $1.0M
Birchview Capital, LP 0.76% Add +240.0% 85,000 $1.0M
Trexquant Investment LP 0.01% New 78,183 $920K
Creative Planning 0.00% Add +36.3% 78,058 $919K
ExodusPoint Capital Management, LP 0.01% Add +370.6% 71,275 $839K
Gsa Capital Partners LLP 0.07% New 70,258 $827K
Penn Mutual Asset Management 1.81% No change 62,802 $739K
Rhumbline Advisers 0.00% Reduce -4.4% 61,713 $726K
Brevan Howard Capital Management LP 0.01% Add +108.7% 58,097 $684K
Inspirion Wealth Advisors, LLC 0.09% Add +84.9% 36,634 $662K
AlphaQuest LLC 0.04% Add +69.5% 54,594 $643K
XTX Topco Ltd 0.03% Add +280.9% 54,587 $642K
Wells Fargo & Company 0.00% Add +14.9% 53,648 $631K
AQR Capital Management 0.00% Add +5.4% 52,629 $619K
Alliancebernstein L.P. 0.00% Reduce -9.9% 45,590 $537K
Virtus Investment Advisers, LLC 0.15% No change 44,306 $521K
ADAR1 Capital Management, LLC 0.05% Reduce -32.4% 42,900 $505K
Caxton Associates LLP 0.01% New 38,570 $454K
Tudor Investment Corporation 0.00% New 34,090 $401K
T. Rowe Price Associates Inc. 0.00% Add +6.0% 31,919 $376K
PharVision Advisers, LLC 0.21% New 30,968 $364K
Commonwealth Equity Services, LLC 0.00% Reduce -3.0% 30,616 $360K
Quadrature Capital Ltd 0.00% New 30,272 $356K
Kera Capital Partners, Inc. 0.05% No change 30,059 $354K
Occidental Asset Management, LLC 0.04% No change 29,672 $349K
Deutsche Bank AG 0.00% Add +13.4% 29,572 $348K
MetLife Investment Management, LLC 0.00% No change 25,845 $304K
Tocqueville Asset Management L.P. 0.00% New 24,700 $291K
Summit Financial Wealth Advisors, LLC 0.04% No change 22,143 $272K
HRT Financial LP 0.00% New 22,521 $265K
Intech Investment Management LLC 0.00% Reduce -23.6% 21,541 $254K
Allworth Financial LP 0.00% No change 20,448 $241K
Simplex Trading, LLC 0.01% New 19,960 $234K
Stifel Financial Corp. 0.00% Reduce -2.9% 19,867 $234K
Axq Capital, LP 0.09% Add +45.8% 19,862 $234K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -16.9% 19,402 $228K
OMERS ADMINISTRATION Corp 0.00% New 16,500 $194K
Fiduciary Trust Co 0.00% Add +47.8% 16,115 $190K
Kestra Private Wealth Services, LLC 0.00% No change 15,500 $182K
Manufacturers Life Insurance Company, The 0.00% Reduce -7.7% 14,612 $172K
Private Advisor Group, LLC 0.00% No change 14,580 $172K
Citigroup Inc. 0.00% Reduce -97.4% 13,635 $160K
Raymond James Financial Inc. 0.00% Add +322.0% 13,394 $158K
China Universal Asset Management Co., Ltd. 0.01% Reduce -11.3% 12,435 $146K
Profund Advisors LLC 0.00% New 12,170 $143K
Police & Firemen's Retirement System of New Jersey 0.00% Add +44.5% 11,925 $140K
Susquehanna Fundamental Investments, LLC 0.01% No change 11,473 $135K
Osaic Holdings, Inc. 0.00% Reduce -2.6% 10,952 $130K
New York State Common Retirement Fund 0.00% No change 10,770 $127K
Pathstone Holdings, LLC 0.00% New 10,322 $121K
Quantbot Technologies LP 0.00% New 9,797 $115K
BNP Paribas Financial Markets 0.00% Add +74.0% 8,828 $104K
US Bancorp \de 0.00% Add +2527.1% 7,277 $86K
Quarry LP 0.02% Add +584.3% 7,007 $82K
FMR LLC 0.00% Add +19.0% 6,999 $82K
Russell Investments Group, Ltd. 0.00% Add +132.5% 6,362 $75K
Leonteq Securities AG 0.00% New 4,800 $56K
Group One Trading LLC 0.00% New 4,248 $50K
Canada Pension Plan Investment Board 0.00% New 4,100 $48K
Legal & General Group Plc 0.00% No change 4,087 $48K
Ameritas Investment Partners, Inc. 0.00% Reduce -18.2% 3,527 $42K
California State Teachers Retirement System 0.00% Add +0.1% 2,891 $34K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +1.7% 2,743 $32K
Jones Financial Companies LLLP 0.00% Add +442.6% 2,523 $30K
Sterling Capital Management LLC 0.00% Add +139.1% 2,159 $25K
Huntington National Bank 0.00% Add +27.3% 2,022 $24K
Cwm, LLC 0.00% Reduce -6.0% 1,968 $23K
Tower Research Capital LLC (TRC) 0.00% Reduce -72.6% 1,562 $18K
PNC Financial Services Group, Inc. 0.00% Add +14.9% 1,548 $18K
GF Fund Management Co. LTD. 0.00% Reduce -12.8% 1,526 $18K
Amalgamated Bank 0.00% No change 1,354 $16K
Bear Mountain Capital, Inc. 0.00% No change 1,000 $14K
C M Bidwell & Associates Ltd. 0.01% No change 1,122 $13K
Quadrant Capital Group LLC 0.00% New 1,073 $13K
Larson Financial Group LLC 0.00% No change 647 $8K
Optiver Holding B.V. 0.00% New 584 $7K
GAMMA Investing LLC 0.00% Add +1400.0% 360 $4K
Farther Finance Advisors, LLC 0.00% No change 342 $4K
MassMutual Private Wealth & Trust, FSB 0.00% New 287 $3K
Daiwa Securities Group Inc. 0.00% No change 260 $3K
Fortitude Family Office, LLC 0.00% No change 208 $2K
Nisa Investment Advisors, LLC 0.00% Reduce -82.2% 188 $2K
Parallel Advisors, LLC 0.00% No change 186 $2K
True Wealth Design, LLC 0.00% No change 88 $1K
EverSource Wealth Advisors, LLC 0.00% Reduce -10.1% 71 $836
Arax Advisory Partners 0.00% New 59 $695
SBI Securities Co., Ltd. 0.00% Reduce -82.0% 23 $271
Elevation Wealth Partners, LLC 0.00% No change 20 $236
Covestor Ltd 0.00% No change 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.