Phathom Pharmaceuticals, Inc. (PHAT) Ownership

NASDAQ: PHATTop holders, insider trades and short interest.

PHAT ownership summary

as of October 18, 2026
Institutions
94.4%
of shares outstanding
Insiders
4.64%
of shares outstanding
Shares outstanding
80.9M
Float
65.1M
shares available to trade
Short interest
13.15%
10.1M shares short
Days to cover
8.00
short interest down 0.5% vs prior month
  • Institutions 94.38%
  • Insiders 4.64%
  • Other investors 0.97%

PHAT top institutional holders

20 largest
Phathom Pharmaceuticals, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1Frazier Life Sciences Management, L.P.15.41%12.5M$86.3M—June 30, 2026
2Medicxi Ventures Management (Jersey) Ltd9.23%7.5M$51.7M—June 30, 2026
3BlackRock Inc5.59%4.5M$31.3M+463,133 (+11.4%)June 30, 2026
4Amvescap Plc.4.98%4.0M$27.9M−292,329 (−6.8%)June 30, 2026
5The Carlyle Group Inc4.32%3.5M$24.2M—June 30, 2026
6Millennium Management LLC4.17%3.4M$23.4M−647,075 (−16.1%)June 30, 2026
7Vanguard Capital Management, LLC3.28%2.7M$18.4M+73,308 (+2.8%)June 30, 2026
8GW&K Investment Management, LLC2.68%2.2M$15.0M+745,729 (+52.5%)June 30, 2026
9Franklin Templeton Inc2.44%2.0M$13.6M+976,324 (+98.2%)June 30, 2026
10NEA Management Company, LLC2.42%2.0M$13.6M—June 30, 2026
11683 Capital Management LLC2.29%1.9M$12.8M+65,000 (+3.6%)March 31, 2026
12The Goldman Sachs Group Inc2.20%1.8M$12.3M+1.2M (+183.9%)June 30, 2026
13State Street Corp1.96%1.6M$11.0M+199,433 (+14.4%)June 30, 2026
14Catalys Pacific LLC1.85%1.5M$10.3M—June 30, 2026
15Delaware Management Holdings Inc1.81%1.5M$10.1M+257,369 (+21.4%)June 30, 2026
16Geode Capital Management, LLC1.63%1.3M$9.1M−12,358 (−0.9%)June 30, 2026
17Wasatch Advisors LP1.62%1.3M$9.0M−33,669 (−2.5%)June 30, 2026
18Ensign Peak Advisors Inc1.30%1.1M$7.3M−575,893 (−35.4%)June 30, 2026
19Propel Bio Management LLC1.30%1.1M$7.3M+209,086 (+24.9%)June 30, 2026
20Point72 Asset Management, L.P.1.26%1.0M$7.1M+1.0M (0.0%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 10 holders added 5.2M shares and 5 cut 1.6M.

PHAT top mutual fund and ETF holders

20 largest
Phathom Pharmaceuticals, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest2.48%2.0M$13.9M—August 31, 2026
2Strategic Advisers U.S. Total Stock1.68%1.4M$9.4M—August 31, 2026
3iShares Russell 2000 ETF1.59%1.3M$8.9M−14,848 (−1.1%)September 30, 2026
4Franklin Biotechnology Discv A(acc)USD1.16%939K$6.5M—August 31, 2026
5Franklin Small Cap Growth Adv1.02%827K$5.7M—August 31, 2026
6State Street® SPDR® S&P® PhrmctlsETF1.01%816K$5.6M−10,144 (−1.2%)September 30, 2026
7Wasatch Micro Cap1.00%807K$5.6M—June 30, 2026
8MEDICAL BioHealth EUR Acc0.97%782K$5.4M+165 (+0.0%)August 31, 2026
9HSBC GIF Glb Eq Sust Hlthcare AC USD0.87%700K$4.8M—July 31, 2026
10Columbia Small Cap Value Discv A0.69%558K$3.9M+3,500 (+0.6%)August 31, 2026
11Fidelity Small Cap Index0.66%536K$3.7M+5,419 (+1.0%)July 31, 2026
12Franklin Biotechnology Discovery A0.63%507K$3.5M—August 31, 2026
13Wasatch Ultra Growth0.57%462K$3.2M−32,843 (−6.6%)June 30, 2026
14iShares Biotechnology ETF0.49%398K$2.8M−3,016 (−0.8%)September 30, 2026
15JNL/Invesco Global Growth A0.42%337K$2.3M+49,047 (+17.0%)March 31, 2026
16iShares Russell 2000 Value ETF0.39%316K$2.2M+478 (+0.2%)September 30, 2026
17Schwab US Small-Cap ETF™0.38%304K$2.1M+198 (+0.1%)September 30, 2026
18Vanguard Russell 2000 ETF0.35%283K$2.0M+6,684 (+2.4%)August 31, 2026
19BrighthouseI Invesco Global Equity A0.34%276K$1.9M−6,768 (−2.4%)June 30, 2026
20AMG GW&K Small Cap Growth N0.32%260K$1.8M—August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

PHAT insider transactions

latest 5
Phathom Pharmaceuticals, Inc. insider transactions
DateNameTransactionPriceSharesValue
2025-11-03Robert Charles BreedloveSell$13.51524$7,079
2025-09-05Robert Charles BreedloveSell$12.09461$5,573
2025-07-16Robert Charles BreedloveSell$8.361,692$14,145
2025-05-21James N TopperBuy$3.863,780$14,591
2025-05-06Asit ParikhBuy$2.605,000$13,000

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

PHAT shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns PHAT

Institutional investors own 94.4% of Phathom Pharmaceuticals's shares and insiders 4.64%. The largest holder is Frazier Life Sciences Management, L.P. with 15.41% of the shares (12.5M), as of June 30, 2026. Among the top 20 institutions, 10 added shares and 5 reduced their stake in the latest filings. Short interest is 13.15% of the float, or 8.00 days of average trading volume. The share count rose 760.5% since 2018.

Related: PHAT analyst forecast, PHAT key metrics. See the PHAT stock overview for the latest quote and news.

PHAT ownership FAQ

Who owns the most Phathom Pharmaceuticals stock?

The largest shareholders of Phathom Pharmaceuticals are Frazier Life Sciences Management, L.P. (15.41%), Medicxi Ventures Management (Jersey) Ltd (9.23%), BlackRock Inc (5.59%), Amvescap Plc. (4.98%), The Carlyle Group Inc (4.32%).

What percentage of Phathom Pharmaceuticals is owned by institutions?

Institutions hold 94.4% of Phathom Pharmaceuticals's shares outstanding; insiders hold 4.64%.

Which funds own Phathom Pharmaceuticals?

The largest fund holders of Phathom Pharmaceuticals are Vanguard MStar Total Stk Mkt Idx Invest (2.48%), Strategic Advisers U.S. Total Stock (1.68%), iShares Russell 2000 ETF (1.59%), Franklin Biotechnology Discv A(acc)USD (1.16%), Franklin Small Cap Growth Adv (1.02%).

What is Phathom Pharmaceuticals's short interest?

10.1M shares of Phathom Pharmaceuticals were sold short, 13.15% of the float; at the average daily volume it would take 8.00 days to cover.

Are insiders buying or selling Phathom Pharmaceuticals?

Of the latest 5 reported insider transactions in Phathom Pharmaceuticals (since May 6, 2025), 2 were purchases and 3 were sales.

How many shares of Phathom Pharmaceuticals are outstanding?

Phathom Pharmaceuticals has 80.9M shares outstanding, of which 65.1M are in the public float.

Biotechnology: ownership