Performant Healthcare Inc
PHLT
PHLT was delisted on the 20th of October, 2025.
74 hedge funds and large institutions have $169M invested in Performant Healthcare Inc in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 20 reducing their positions, and 7 closing their positions.
117% more call options, than puts
Call options by funds: $13K | Put options by funds: $6K
60% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 20
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 73 → 74 (+1)
0.43% more ownership
Funds ownership: 74.15% → 74.58% (+0.43%)
5% less capital invested
Capital invested by funds: $178M → $169M (-$9.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$2.41M |
| 2 |
HWM
HighMark Wealth Management
St. Paul,
Minnesota
|
+$790K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$639K |
| 4 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$572K |
| 5 |
PHP
Parkman Healthcare Partners
Stamford,
Connecticut
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.27M |
| 2 |
Morgan Stanley
New York
|
-$507K |
| 3 |
Millennium Management
New York
|
-$434K |
| 4 |
BlackRock
New York
|
-$259K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$235K |
PHLT Hedge Fund Activity: Q1 2024 in Review
74 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Performant Healthcare Inc (PHLT) for Q1 2024, worth a combined $169M — down 5.3% from $178M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PHLT positions and 7 closed out — a net gain of 1 holder — while 32 added to existing stakes and 20 trimmed.
The largest buyer was First Light Asset Management, adding an estimated $2.41M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.27M sold.
- 74 institutional investors held Performant Healthcare Inc (PHLT) as of Q1 2024, up from 73 in Q4 2023.
- Funds reported $169M of Performant Healthcare Inc stock for Q1 2024, down 5.3% quarter-over-quarter.
- 8 funds opened new Performant Healthcare Inc positions in Q1 2024 and 7 closed out, a net change of +1 holder.
- The largest Performant Healthcare Inc buyer in Q1 2024 was First Light Asset Management, an estimated $2.41M added.
- The largest Performant Healthcare Inc seller in Q1 2024 was Wellington Management Group, an estimated $3.27M sold.
Based on aggregated 13F filings for Q1 2024.