Phreesia Inc (PHR): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Phreesia Inc (PHR) following the 2026 Q1 hedge fund 13F filings?

As of today, PHR has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.2% for the XLV sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), PHR gained nan% vs +2.1% 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.

Phreesia Inc (PHR)

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

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%

+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.

✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds

48 of 238 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	238	223	6.73%
13F Shares	59M	58M	0.59%
Total Value	$461M	$984M	-53.15%
New Positions	71	44	+27
Increased Positions	80	88	-8
Closed Positions	56	50	+6
Reduced Positions	57	66	-9
Total Calls	3	2	50.0%
Total Puts	5	4	25.0%
PUT/CALL Ratio	1.67	2.0	Bearish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

238

223

6.73%

13F Shares

59M

58M

0.59%

Total Value

$461M

$984M

-53.15%

New Positions

+27

Increased Positions

-8

Closed Positions

Reduced Positions

-9

Total Calls

50.0%

Total Puts

25.0%

PUT/CALL Ratio

1.67

2.0

Bearish

Institutional Holders (2026 Q1)

238 + 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:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 PHR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Pale Fire Capital SE	6.37%	8,649,329	$72.5M
2	Whetstone Capital Advisors, LLC	2.77%	953,928	$8.0M
3	Meros Investment Management, LP	2.24%	615,740	$5.2M
4	Prosight Management, LP	1.51%	1,100,000	$9.2M
5	Palogic Value Management, L.P.	0.46%	130,000	$1.1M
6	Granahan Investment Management, LLC	0.40%	987,607	$8.3M
7	Rock Springs Capital Management LP	0.30%	600,400	$5.0M
8	Arcadia Investment Management Corp/Mi	0.24%	166,490	$1.4M
9	Cambiar Investors LLC	0.13%	322,675	$2.7M
10	OP Asset Management Ltd	0.08%	774,144	$7.5M
11	Garner Asset Management Corp	0.07%	23,764	$187K
12	Moody National Bank Trust Division	0.07%	86,133	$722K
13	Birchview Capital, LP	0.07%	14,300	$120K
14	Numerai GP LLC	0.07%	77,967	$653K
15	Jump Financial, LLC	0.06%	534,334	$4.5M
16	Occudo Quantitative Strategies LP	0.06%	119,183	$1.1M
17	Cinctive Capital Management LP	0.06%	107,230	$899K
18	Prescott Group Capital Management, L.L.C.	0.05%	60,000	$503K
19	Moore Capital Management, LP	0.05%	291,908	$2.4M
20	Blueshift Asset Management, LLC	0.05%	18,609	$156K
21	Inspire Investing, LLC	0.04%	64,082	$537K
22	Lgl Partners, LLC	0.04%	12,487	$105K
23	Tocqueville Asset Management L.P.	0.04%	325,000	$2.7M
24	Jacobs Levy Equity Management, Inc	0.04%	1,075,760	$9.0M
25	Susquehanna Portfolio Strategies, LLC	0.04%	281,189	$2.4M

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?

Strong quality — 29% AUM from major funds: 48 of 238 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

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 Q1 hedge fund 13F filings?

As of today, PHR has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.2% for the XLV sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), PHR has gained nan% vs +2.1% 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.

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Phreesia Inc (PHR)

Smart Money Signals — PHR

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

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

Slight buying edge — 57% buying

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

46% of holders stayed for 2+ years

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

Growing discovery — still being found

Veteran-anchored — 59% veterans vs 33% newcomers

Strong quality — 29% AUM from major funds

Institutional Sentiment Summary — PHR

Hedge Fund Ownership: PHR

Market Analysis: PHR

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: PHR

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

Hedge Fund Positioning: PHR

Statistics: PHR

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Phreesia Inc (PHR)

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