Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Phreesia Inc (PHR)

219 + Investors. Track Smart Money conviction in PHR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — PHR

Based on 238 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PHR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
238 hedge funds hold PHR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+15 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

152 buying117 selling
Last quarter: 152 funds bought or added vs 117 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+27 vs last Q)

new funds entering per quarter
Funds opening a new PHR position: 35 → 50 → 44 → 71. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 23% medium ■ 31% new
110 out of 238 hedge funds have held PHR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +1%, value -53%

Value
-53%
Shares
+0%
Last quarter: funds added +1% more shares while total portfolio value only changed -53%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

49 → 35 → 50 → 44 → 71 new funds/Q
New funds entering each quarter: 35 → 50 → 44 → 71. A growing number of institutions are discovering PHR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 59% veterans vs 33% newcomers

■ 59% veterans ■ 8% 1-2yr ■ 33% new
Entry-cohort mix of 246 holders: 144 (59%) are 2+ year veterans, 20 entered 1–2 years ago, and 82 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
50 of 238 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in PHR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PHR

In 2026 Q1, 152 hedge funds were net buyers of PHR (71 opened a new position, 81 added to an existing one), while 117 reduced or exited (61 trimmed, 56 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 41% of total institutional value in PHR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 238.

Hedge Fund Ownership: PHR

How many hedge funds hold PHR — quarterly history vs. share price
Quarterly hedge fund ownership of PHR vs. share price

Market Analysis: PHR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PHR

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Phreesia Inc (PHR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PHR has moved relative to its sector benchmark (XLV) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 52d ago
PHR
+16.2%
XLV
+9.2%

PHR outperformed XLV by +7.0% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 7d ago
PHR
-2.6%
XLV
+3.5%

Since the filing became public, PHR outperformed XLV by -6.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 1 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: PHR
219 + Investors

Track Smart Money conviction in PHR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 219 240 -8.75%
13F Shares 59M 59M -0.19%
Total Value $552M $463M 19.2%
New Positions 43 73 -30
Increased Positions 91 80 +11
Closed Positions 61 56 +5
Reduced Positions 57 57 -
Total Calls 6 3 100.0%
Total Puts 3 5 -40.0%
PUT/CALL Ratio 0.5 1.67 Bullish

Statistics: PHR

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

219 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PHR. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PHR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pale Fire Capital SE 6.49% 8,924,329 $91.8M
2 Whetstone Capital Advisors, LLC 1.70% 629,752 $6.5M
3 Olympiad Research LP 0.48% 22,453 $231K
4 Palogic Value Management, L.P. 0.41% 120,177 $1.2M
5 Rock Springs Capital Management LP 0.35% 696,900 $7.2M
6 Polymer Capital Management (US) LLC 0.22% 163,890 $1.7M
7 Numerai GP LLC 0.16% 188,045 $1.9M
8 Cambiar Investors LLC 0.15% 339,697 $3.5M
9 Algert Global LLC 0.15% 1,205,481 $12.4M
10 9823 Capital, L.P. 0.09% 12,957 $133K
11 OP Asset Management Ltd 0.08% 705,874 $7.3M
12 Axq Capital, LP 0.07% 67,000 $689K
13 Occudo Quantitative Strategies LP 0.07% 130,469 $1.3M
14 Dynamic Technology Lab Private Ltd 0.07% 29,933 $308K
15 Fox Run Management, L.L.C. 0.06% 37,812 $389K
16 Garner Asset Management Corp 0.05% 14,616 $150K
17 Lgl Partners, LLC 0.05% 12,487 $128K
18 Tocqueville Asset Management L.P. 0.04% 325,000 $3.3M
19 Jacobs Levy Equity Management, Inc 0.04% 1,113,782 $11.5M
20 Moore Capital Management, LP 0.04% 266,676 $2.7M
21 Prelude Capital Management, LLC 0.03% 42,483 $437K
22 Bellevue Group AG 0.03% 140,495 $1.4M
23 Campbell & CO Investment Adviser LLC 0.03% 52,880 $544K
24 Probity Advisors, Inc. 0.03% 19,264 $198K
25 Legacy Advisors, LLC 0.03% 29,162 $300K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Phreesia Inc (PHR)

What does the Smart Money Trend signal show for PHR?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PHR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PHR?

Slight buying edge — 57% buying: Last quarter: 152 funds bought or added vs 117 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PHR holders?

Elite ownership — 41% AUM from top-100 funds: 50 of 238 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in PHR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PHR?

46% of holders stayed for 2+ years: 110 out of 238 hedge funds have held PHR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Phreesia Inc (PHR) following the 2026 Q2 hedge fund 13F filings?

As of today, PHR has moved -2.6% since the 2026 Q2 13F filing date (August 14, 2026), compared to +3.5% for the XLV sector ETF — an outperformance of -6.1%. Since the quarter end (June 30, 2026), PHR has gained +16.2% vs +9.2% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →