Performant Healthcare Inc
PHLT
PHLT was delisted on the 20th of October, 2025.
120 hedge funds and large institutions have $609M invested in Performant Healthcare Inc in 2025 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 26 increasing their positions, 26 reducing their positions, and 18 closing their positions.
648% more call options, than puts
Call options by funds: $703K | Put options by funds: $94K
206% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 18
128% more capital invested
Capital invested by funds: $267M → $609M (+$341M)
45% more funds holding
Funds holding: 83 → 120 (+37)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
12.57% more ownership
Funds ownership: 85.29% → 97.86% (+13%)
0% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$43M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$25.3M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$20.5M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$17.6M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Topline Capital Management
Santa Monica,
California
|
-$21.8M |
| 2 |
MCP
Mirador Capital Partners
Pleasanton,
California
|
-$15.4M |
| 3 |
First Eagle Investment Management
New York
|
-$12.8M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$10.9M |
| 5 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$9.24M |
PHLT Hedge Fund Activity: Q3 2025 in Review
120 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Performant Healthcare Inc (PHLT) for Q3 2025, worth a combined $609M — up 128% from $267M a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PHLT positions and 18 closed out — a net gain of 37 holders — while 26 added to existing stakes and 26 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $43M. The largest seller was Topline Capital Management, exiting entirely with an estimated $21.8M sold.
- 120 institutional investors held Performant Healthcare Inc (PHLT) as of Q3 2025, up from 83 in Q2 2025.
- Funds reported $609M of Performant Healthcare Inc stock for Q3 2025, up 128% quarter-over-quarter.
- 55 funds opened new Performant Healthcare Inc positions in Q3 2025 and 18 closed out, a net change of +37 holders.
- The largest Performant Healthcare Inc buyer in Q3 2025 was Glazer Capital LLC, an estimated $43M added.
- The largest Performant Healthcare Inc seller in Q3 2025 was Topline Capital Management, an estimated $21.8M sold.
Based on aggregated 13F filings for Q3 2025.