Performant Healthcare Inc
PHLT
PHLT was delisted on the 20th of October, 2025.
73 hedge funds and large institutions have $178M invested in Performant Healthcare Inc in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 34 increasing their positions, 16 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
113% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 16
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more capital invested
Capital invested by funds: $123M → $178M (+$54.6M)
4% more funds holding
Funds holding: 70 → 73 (+3)
2.37% more ownership
Funds ownership: 71.78% → 74.15% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWM
HighMark Wealth Management
St. Paul,
Minnesota
|
+$1.17M |
| 2 |
BlackRock
New York
|
+$823K |
| 3 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$765K |
| 4 |
PHP
Parkman Healthcare Partners
Stamford,
Connecticut
|
+$737K |
| 5 |
MCP
Mirador Capital Partners
Pleasanton,
California
|
+$641K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$227K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$183K |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$121K |
| 4 |
Renaissance Technologies
New York
|
-$70K |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$56.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Group One Trading
Chicago,
Illinois
| – | -$981 | -434 | Closed |
|
PHLT Hedge Fund Activity: Q4 2023 in Review
73 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Performant Healthcare Inc (PHLT) for Q4 2023, worth a combined $178M — up 44% from $123M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PHLT positions and 3 closed out — a net gain of 4 holders — while 34 added to existing stakes and 16 trimmed.
The largest buyer was HighMark Wealth Management, adding an estimated $1.17M. The largest seller was Tudor Investment Corp, exiting entirely with an estimated $227K sold.
- 73 institutional investors held Performant Healthcare Inc (PHLT) as of Q4 2023, up from 70 in Q3 2023.
- Funds reported $178M of Performant Healthcare Inc stock for Q4 2023, up 44% quarter-over-quarter.
- 7 funds opened new Performant Healthcare Inc positions in Q4 2023 and 3 closed out, a net change of +4 holders.
- The largest Performant Healthcare Inc buyer in Q4 2023 was HighMark Wealth Management, an estimated $1.17M added.
- The largest Performant Healthcare Inc seller in Q4 2023 was Tudor Investment Corp, an estimated $227K sold.
Based on aggregated 13F filings for Q4 2023.