Phreesia
PHR
205 hedge funds and large institutions have $1.62B invested in Phreesia in 2023 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 68 increasing their positions, 55 reducing their positions, and 18 closing their positions.
144% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 18
24% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 55
15% more funds holding
Funds holding: 179 → 205 (+26)
2.56% more ownership
Funds ownership: 91.59% → 94.15% (+2.6%)
4% more capital invested
Capital invested by funds: $1.56B → $1.62B (+$58.8M)
20% less call options, than puts
Call options by funds: $2.48M | Put options by funds: $3.11M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$28.4M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$27.2M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$19.9M |
| 4 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$19.7M |
| 5 |
ECM
Engle Capital Management
Greenwich,
Connecticut
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$44.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.3M |
| 3 |
Millennium Management
New York
|
-$25M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$11.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$10.5M |
PHR Hedge Fund Activity: Q1 2023 in Review
205 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Phreesia (PHR) for Q1 2023, worth a combined $1.62B — up 3.8% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PHR positions and 18 closed out — a net gain of 26 holders — while 68 added to existing stakes and 55 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $28.4M. The largest seller was Deerfield Management, exiting entirely with an estimated $44.2M sold.
- 205 institutional investors held Phreesia (PHR) as of Q1 2023, up from 179 in Q4 2022.
- Funds reported $1.62B of Phreesia stock for Q1 2023, up 3.8% quarter-over-quarter.
- 44 funds opened new Phreesia positions in Q1 2023 and 18 closed out, a net change of +26 holders.
- The largest Phreesia buyer in Q1 2023 was Capital International Investors, an estimated $28.4M added.
- The largest Phreesia seller in Q1 2023 was Deerfield Management, an estimated $44.2M sold.
Based on aggregated 13F filings for Q1 2023.