PHAT

Phathom Pharmaceuticals Inc Cross-source read$8.36 0.12%
Health CareCUSIP 71722W107· EOD Sep 11, 2026

Among active 13F managers last quarter, 11 opened and 17 added, while 13 reduced; the largest holder to move was Millennium Management LLC (+93%). No open-market insider trades in the last 180 days.

Tracked 13F holders
145
50 in Q2 2026 filings
13F value (tracked)
$616.4M
Smart-money readBullish
Net sellingNet buying
Funds · active managers, latest 13F
28 adding · 13 trimming
Insiders · Form 4 open-market, 180d
0 buying · 0 selling
US House · STOCK Act, 180d
0 buying · 0 selling

Funds lean in and no leg opposes.

Price & smart-money activity

$8.36 0.12%5Y -75.1%
$2.21$10.69$19.18$27.66$36.1520212022202320242025202677121313131041610151626182212133223102210332113221319181332782272453124826292820443055391725
Hover for who · click for detailEnd-of-day closing prices52w $8.23 – $18.08

Who owns PHAT?

145 tracked 13F filers · ranked by shares held

145 tracked 13F filers disclose a position in PHAT as of the latest SEC 13F filings, a combined $616.4M in reported value. Holders and values reflect the 13F filers Arkolith currently tracks, not the entire institutional universe. Counts and totals are a floor, not the full institutional ownership.

#FundSharesPosition valueLast moveAs ofHistory
1Frazier Life Sciences Management, L.P.12.5M
$135.3M
Held
Q2 2026
2Medicxi Ventures Management (Jersey) Ltd7.5M
$81.0M
Held
Q2 2026
3BlackRock, Inc.4.5M
$49.1M
+11%
Added · +463K sh
Q2 2026
4Millennium Management LLC4.0M
$44.7M
+93%
Added · +1.9M sh
Q1 2026
5Vanguard Capital Management LLC2.7M
$28.8M
+2.8%
Added · +73K sh
Q2 2026
6NEA Management Company, LLC2.0M
$21.3M
Held
Q2 2026
7683 Capital Management, LLC1.9M
$20.1M
Held
Q2 2026
8State Street Corp1.6M
$17.2M
+14%
Added · +199K sh
Q2 2026
9Catalys Pacific, LLC1.5M
$16.2M
Held
Q2 2026
10Geode Capital Management, LLC1.3M
$14.3M
−0.9%
Reduced · −12K sh
Q2 2026
11Wasatch Advisors LP1.3M
$14.2M
−2.5%
Reduced · −34K sh
Q2 2026
12Ensign Peak Advisors, Inc1.1M
$11.4M
−35%
Reduced · −576K sh
Q2 2026
13Point72 Asset Management, L.P.1.0M
$11.1M
New
+1.0M sh
Q2 2026
14Franklin Templeton Inc995K
$11.0M
New
+995K sh
Q1 2026
15Marshall Wace, LLP861K
$9.6M
New
+861K sh
Q1 2026
16Vanguard Portfolio Management LLC797K
$8.6M
+20%
Added · +131K sh
Q2 2026
17Goldman Sachs Group Inc626K
$7.0M
+60%
Added · +234K sh
Q1 2026
18EcoR1 Capital, LLC625K
$6.8M
Held
Q2 2026
19Perceptive Advisors LLC532K
$5.8M
−42%
Reduced · −393K sh
Q2 2026
20Two Sigma Investments, LP482K
$5.4M
+734%
Added · +424K sh
Q1 2026
21StepStone Group LP422K
$4.6M
Held
Q2 2026
22Northern Trust Corp415K
$4.6M
+16%
Added · +58K sh
Q1 2026
23Charles Schwab Investment Management Inc409K
$4.5M
+2.8%
Added · +11K sh
Q1 2026
24Woodline Partners LP369K
$4.0M
Held
Q2 2026
25UBS Group AG360K
$4.0M
+18%
Added · +56K sh
Q1 2026

Holders and values reflect the 13F filers Arkolith currently tracks, not the entire institutional universe. Counts and totals are a floor, not the full institutional ownership.

Is PHAT being bought or sold by institutions?

Last quarter, 11 funds opened a new position in PHAT and 17 added to an existing one, while 13 reduced. Based on 13F filings from active, signal-eligible managers (passive index funds and other mechanical holders are excluded from this count).

Opened
11
funds took a first position
Added
17
added to an existing position
Reduced
13
reduced, still holding
Biggest moves · ranked by size of the change, positions above a floor

Funds that own PHAT also own

CompanyCo-held byTheir position there
Eli Lilly & CoLLY61 funds$50.8B
Microsoft CorpMSFT60 funds$141.8B
Boston Scientific CorpBSX60 funds$9.1B
Nvidia CorpNVDA59 funds$233.5B
Amazon.com IncAMZN59 funds$110.8B
Lam Research CorpLRCX59 funds$27.2B
Intuitive Surgical IncISRG59 funds$15.5B
Gilead Sciences IncGILD59 funds$11.6B
Broadcom IncAVGO58 funds$97.1B
Alphabet Inc-CL AGOOGL58 funds$95.8B
Meta Platforms Inc-Class AMETA58 funds$63.6B
Micron Technology IncMU58 funds$35.8B

Ranked by how many of PHAT's tracked holders also hold each name. The last column is those co-holders' combined reported position in that name, not in PHAT.

Insider activity (Form 4)

Full insider page →
Net · 180d
$0
0 open-market transactions
DateInsiderRoleActionSharesValue
Nov 3, 2025Breedlove Robert CharlesPrincipal Accounting OfficerSell (S)524$7K
Sep 5, 2025Breedlove Robert CharlesPrincipal Accounting OfficerSell (S)461$6K
Jul 16, 2025Breedlove Robert CharlesPrincipal Accounting OfficerSell (S)2K$14K
May 21, 2025Topper James NDirectorBuy (P)4K$15K
May 14, 2025Topper James NDirectorBuy (P)6K$21K
May 13, 2025Topper James NDirectorBuy (P)1K$4K
May 12, 2025Topper James NDirectorBuy (P)13K$38K
May 9, 2025Topper James NDirectorBuy (P)
2 lots, same day
36K$115K
May 7, 2025Parikh AsitDirectorBuy (P)5K$12K
May 6, 2025Parikh AsitDirectorBuy (P)5K$13K
Apr 7, 2025Henderson MollyCFO and CBOSell (S)4K$17K
Mar 13, 2025Parikh AsitDirectorBuy (P)10K$44K

One row per insider, day and transaction code; shares and value are summed across the lots. Every lot is on the full insider page and in the filing.

Do institutions, insiders and Congress agree?

Mixed signals

Where institutional funds (13F), corporate insiders (Form 4) and US House members (STOCK Act) are buying or selling the same name in the same window. Green is buying, red is selling.

SEC EDGAR 13F + Form 4 + US House STOCK Act{ }get_ticker_confluence · API & MCP

Signals by source

Insiders and Congress: last 180 days. Funds: latest 13F, top 100 holders incl. passive

SourceBuyingSellingNet
13F funds
Top 100 holders by value, passive included; the hero counts active managers only
4425
Insiders
Form 4 open-market
00$0
US House
STOCK Act trades
00$0
Sector rotation
PHAT is in Health Care, which smart money is rotating OUT OF
$5.0B

Capital Rotation reports where institutional capital disclosed rotating, as of the latest public SEC 13F filings. It is data, not investment advice, a recommendation, or a prediction. Filings lag about 45 days and cover long US equity positions only. Past disclosed flows do not indicate future prices. Do your own research; consult a licensed advisor.

Institutional ownership over time

50 tracked filers in Q2 2026 filingsstill filing
078155Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
tracked filers holding their reported valueQ2 2026 filings so far: $334.0M
Each bar counts tracked filers with a position in that quarter's filings, so the newest bar excludes filers still on an earlier quarter. Arkolith's tracked universe has grown over this window; part of any long-run rise is coverage, not new buyers.

Recent filings

15 most recent

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Connected entities for PHAT

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Ask your agent what changed in PHAT

This stock page is the public Follow view. For one current, evidence-backed answer, use capital_change_brief through REST or MCP. It compares tracked 13F changes with qualifying Form 4 activity and cites the SEC evidence.

Copy-paste
curl -H "Authorization: Bearer YOUR_API_KEY" \
  "https://arkolith.com/api/v1/stocks/PHAT/capital-change-brief"
Ask your agent
Use Arkolith's capital_change_brief for PHAT.
Tell me what changed, whether insider activity
corroborates it, and cite the SEC evidence.

13F holdings + Form 4 insider transactions + end-of-day price history + the live filing stream, joined for PHAT. Filings are public domain, sourced to SEC EDGAR; price series derived from end-of-day closes.