Phreesia
PHR
225 hedge funds and large institutions have $598M invested in Phreesia in 2026 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 94 increasing their positions, 60 reducing their positions, and 54 closing their positions.
172% more call options, than puts
Call options by funds: $4.9M | Put options by funds: $1.8M
57% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 60
21% more capital invested
Capital invested by funds: $496M → $598M (+$102M)
3.38% less ownership
Funds ownership: 97.48% → 94.11% (-3.4%)
9% less funds holding
Funds holding: 246 → 225 (-21)
28% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 54
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12.1M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$12M |
| 3 |
BlackRock
New York
|
+$10.2M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$7.28M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Prosight Management
Dallas,
Texas
|
-$9.22M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$8.53M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$8.28M |
| 4 |
NAMI
Nomura Asset Management International
Philadelphia,
Pennsylvania
|
-$6.55M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$5.94M |
PHR Hedge Fund Activity: Q2 2026 in Review
225 of the 8,317 institutional investors tracked by Wall St. Rank reported a position in Phreesia (PHR) for Q2 2026, worth a combined $598M — up 21% from $496M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of PHR and 39 opened new positions — a net loss of 15 holders — while 60 trimmed existing stakes and 94 added.
The largest buyer was AQR Capital Management, adding an estimated $12.1M. The largest seller was Prosight Management, exiting entirely with an estimated $9.22M sold.
- 225 institutional investors held Phreesia (PHR) as of Q2 2026, down from 246 in Q1 2026.
- Funds reported $598M of Phreesia stock for Q2 2026, up 21% quarter-over-quarter.
- 39 funds opened new Phreesia positions in Q2 2026 and 54 closed out, a net change of -15 holders.
- The largest Phreesia buyer in Q2 2026 was AQR Capital Management, an estimated $12.1M added.
- The largest Phreesia seller in Q2 2026 was Prosight Management, an estimated $9.22M sold.
Based on aggregated 13F filings for Q2 2026.