Phreesia
PHR
231 hedge funds and large institutions have $981M invested in Phreesia in 2025 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 91 increasing their positions, 69 reducing their positions, and 42 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 69
0% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 42
2% less funds holding
Funds holding: 235 → 231 (-4)
4.27% less ownership
Funds ownership: 100.45% → 96.18% (-4.3%)
31% less capital invested
Capital invested by funds: $1.42B → $981M (-$434M)
62% less call options, than puts
Call options by funds: $1.86M | Put options by funds: $4.95M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$21M |
| 2 |
PM
Prosight Management
Dallas,
Texas
|
+$20.2M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$18.6M |
| 4 |
DM
Deerfield Management
New York
|
+$18.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.4M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$32M |
| 3 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$29.1M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$27.5M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$22.1M |
PHR Hedge Fund Activity: Q4 2025 in Review
231 institutional investors reported a position in Phreesia (PHR) for Q4 2025, worth a combined $981M — down 31% from $1.42B a quarter earlier.
Fund positioning in PHR was balanced in Q4 2025: 42 funds opened new positions, 42 closed out, 91 added to existing stakes and 69 trimmed.
The largest buyer was Granahan Investment Management, adding an estimated $21M. The largest seller was Fidelity Investments, cutting an estimated $73.4M.
- 231 institutional investors held Phreesia (PHR) as of Q4 2025, down from 235 in Q3 2025.
- Funds reported $981M of Phreesia stock for Q4 2025, down 31% quarter-over-quarter.
- 42 funds opened new Phreesia positions in Q4 2025 and 42 closed out, a net change of 0 holders.
- The largest Phreesia buyer in Q4 2025 was Granahan Investment Management, an estimated $21M added.
- The largest Phreesia seller in Q4 2025 was Fidelity Investments, an estimated $73.4M sold.
Based on aggregated 13F filings for Q4 2025.