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Phathom Pharmaceuticals

114 hedge funds and large institutions have $588M invested in Phathom Pharmaceuticals in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more capital invested

Capital invested by funds: $504M → $588M (+$83.8M)

14% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 35

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

0% less ownership

Funds ownership: 94.74%94.74% (-0%)

3% less funds holding

Funds holding: 117114 (-3)

18% less call options, than puts

Call options by funds: $811K | Put options by funds: $991K

19% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 16

Holders
114
Holders Change
-3
Holders Change %
-2.56%
% of All Funds
1.64%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.13%
New
13
Increased
40
Reduced
35
Closed
16
Calls
$811K
Puts
$991K
Net Calls
-$180K
Net Calls Change
-$518K
Name Holding Trade Value Shares
Change
Change in
Stake
OCA
26
Octagon Capital Advisors
New York
$4.83M +$3.44M +405,000 +810%
CC
27
Checkpoint Capital
California
$4.73M +$728K +85,715 +24%
SG
28
StepStone Group
California
$4.48M
EAM
29
Eagle Asset Management
Florida
$3.23M +$2.59M +304,839 New
Northern Trust
30
Northern Trust
Illinois
$3.01M -$56.2K -6,619 -2%
Charles Schwab
31
Charles Schwab
California
$2.81M +$16.7K +1,970 +0.8%
N
32
Nuveen
North Carolina
$2.78M -$361K -42,561 -14%
Morgan Stanley
33
Morgan Stanley
New York
$2.52M -$101K -11,942 -5%
Millennium Management
34
Millennium Management
New York
$2.39M +$467K +54,980 +32%
Wellington Management Group
35
Wellington Management Group
Massachusetts
$2.37M +$586K +68,999 +45%
Goldman Sachs
36
Goldman Sachs
New York
$2.2M -$24.1K -2,839 -1%
NM
37
Newtyn Management
New York
$1.75M -$4.09M -481,760 -74%
SSA
38
Schonfeld Strategic Advisors
New York
$1.54M +$711K +83,700 +137%
JP Morgan Chase
39
JP Morgan Chase
New York
$1.47M -$64.4K -7,585 -5%
Citadel Advisors
40
Citadel Advisors
Florida
$1.33M +$969K +114,112 +989%
MCM
41
Moore Capital Management
New York
$1.27M +$170K +20,000 +20%
Bank of America
42
Bank of America
North Carolina
$1.12M +$204K +24,062 +29%
Bank of New York Mellon
43
Bank of New York Mellon
New York
$1.01M -$94.3K -11,098 -10%
D.E. Shaw & Co
44
D.E. Shaw & Co
New York
$681K -$554K -65,251 -50%
PMAM
45
Penn Mutual Asset Management
Pennsylvania
$667K
Susquehanna International Group
46
Susquehanna International Group
Pennsylvania
$631K +$60.5K +7,124 +14%
State of Wisconsin Investment Board
47
State of Wisconsin Investment Board
Wisconsin
$629K +$101K +11,872 +25%
Swiss National Bank
48
Swiss National Bank
Switzerland
$595K
Two Sigma Advisers
49
Two Sigma Advisers
New York
$548K +$245K +28,900 +127%
UBS Group
50
UBS Group
Switzerland
$530K +$89.1K +10,491 +27%

PHAT Hedge Fund Activity: Q1 2024 in Review

114 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Phathom Pharmaceuticals (PHAT) for Q1 2024, worth a combined $588M — up 17% from $504M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of PHAT and 13 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 40 added.

The largest buyer was Medicxi Ventures Management, adding an estimated $31.5M. The largest seller was Takeda Pharmaceutical Company, cutting an estimated $36.6M.

  • 114 institutional investors held Phathom Pharmaceuticals (PHAT) as of Q1 2024, down from 117 in Q4 2023.
  • Funds reported $588M of Phathom Pharmaceuticals stock for Q1 2024, up 17% quarter-over-quarter.
  • 13 funds opened new Phathom Pharmaceuticals positions in Q1 2024 and 16 closed out, a net change of -3 holders.
  • The largest Phathom Pharmaceuticals buyer in Q1 2024 was Medicxi Ventures Management, an estimated $31.5M added.
  • The largest Phathom Pharmaceuticals seller in Q1 2024 was Takeda Pharmaceutical Company, an estimated $36.6M sold.

Based on aggregated 13F filings for Q1 2024.