Phreesia
PHR
234 hedge funds and large institutions have $1.42B invested in Phreesia in 2025 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 83 increasing their positions, 68 reducing their positions, and 37 closing their positions.
32% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 37
22% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 68
5% more funds holding
Funds holding: 223 → 234 (+11)
1.99% more ownership
Funds ownership: 98.44% → 100.44% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15% less capital invested
Capital invested by funds: $1.67B → $1.42B (-$251M)
52% less call options, than puts
Call options by funds: $3.11M | Put options by funds: $6.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$25.5M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$18.8M |
| 3 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$15.2M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$13.8M |
| 5 |
CFM
Capricorn Fund Managers
London,
United Kingdom
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$45.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$14.4M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$11.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$7.66M |
PHR Hedge Fund Activity: Q3 2025 in Review
234 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Phreesia (PHR) for Q3 2025, worth a combined $1.42B — down 15% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PHR positions and 37 closed out — a net gain of 12 holders — while 83 added to existing stakes and 68 trimmed.
The largest buyer was Millennium Management, adding an estimated $25.5M. The largest seller was Brown Advisory, cutting an estimated $45.1M.
- 234 institutional investors held Phreesia (PHR) as of Q3 2025, up from 223 in Q2 2025.
- Funds reported $1.42B of Phreesia stock for Q3 2025, down 15% quarter-over-quarter.
- 49 funds opened new Phreesia positions in Q3 2025 and 37 closed out, a net change of +12 holders.
- The largest Phreesia buyer in Q3 2025 was Millennium Management, an estimated $25.5M added.
- The largest Phreesia seller in Q3 2025 was Brown Advisory, an estimated $45.1M sold.
Based on aggregated 13F filings for Q3 2025.