PHREESIA INC PHR
COM · Common Stock · CUSIP 71944F106 · ISIN US71944F1066
American healthcare software company
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersWilmington, DE
- Founded2005
- Websitephreesia.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.4m this quarter). Holder counts are more reliable. Shares outstanding: 58.8m as of 2025-03-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $25.57. Options: 9 managers hold calls ($6.2m notional), 12 hold puts ($12.7m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 181 |
| Q4 2022 | 180 |
| Q1 2023 | 206 |
| Q2 2023 | 194 |
| Q3 2023 | 178 |
| Q4 2023 | 188 |
| Q1 2024 | 191 |
| Q2 2024 | 177 |
| Q3 2024 | 192 |
| Q4 2024 | 193 |
| Q1 2025 | 224 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 77 | 109 |
| Q3 2023 | 87 | 95 |
| Q4 2023 | 114 | 76 |
| Q1 2024 | 93 | 91 |
| Q2 2024 | 86 | 89 |
| Q3 2024 | 102 | 66 |
| Q4 2024 | 92 | 90 |
| Q1 2025 | 122 | 80 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $4.5m | $13.5m | 2.98 |
| Q3 2024 | $10.6m | $15.7m | 1.48 |
| Q4 2024 | $10.9m | $8.4m | 0.77 |
| Q1 2025 | $6.2m | $12.7m | 2.06 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.4m |
| AMERICAN CENTURY COMPANIES INC | Added | +957.8k |
| Champlain Investment Partners, LLC | Added | +490.3k |
| Park West Asset Management LLC | Added | +470.9k |
| VICTORY CAPITAL MANAGEMENT INC | New | +421.8k |
| LORD, ABBETT & CO. LLC | New | +331.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +170.6k |
| CASTLEARK MANAGEMENT LLC | New | +168.7k |
| Capital International Investors | Added | +150.2k |
| Trexquant Investment LP | Added | +137.9k |
Biggest sellers
| BROWN ADVISORY INC | Reduced | -1.8m |
| Rock Springs Capital Management LP | Reduced | -891.7k |
| T. Rowe Price Investment Management, Inc. | Reduced | -594.8k |
| FMR LLC | Reduced | -396.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -385.4k |
| Granahan Investment Management, LLC | Reduced | -315.2k |
| DEERFIELD MANAGEMENT COMPANY, L.P. | Reduced | -262.0k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Sold out | -261.5k |
| ExodusPoint Capital Management, LP | Sold out | -175.0k |
| Birchview Capital, LP | Reduced | -114.7k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $2.6m100.6k shares |
| PEAK6 LLC | Added | $1.5m60.0k shares |
| GROUP ONE TRADING LLC | Reduced | $595.5k23.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $483.1k18.9k shares |
| CITADEL ADVISORS LLC | Reduced | $301.6k11.8k shares |
| IMC-Chicago, LLC | Reduced | $288.8k11.3k shares |
| Caption Management, LLC | Reduced | $204.5k8.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $189.0k7.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | New | $3.9m153.2k shares |
| CITADEL ADVISORS LLC | Added | $2.3m89.8k shares |
| BARCLAYS PLC | New | $2.0m80.0k shares |
| JANE STREET GROUP, LLC | Reduced | $2.0m79.7k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $805.1k31.5k shares |
| WOLVERINE TRADING, LLC | New | $343.2k13.2k shares |
| D. E. Shaw & Co., Inc. | Reduced | $339.9k13.3k shares |
| Crawford Fund Management, LLC | Reduced | $319.5k12.5k shares |
| GROUP ONE TRADING LLC | Reduced | $273.5k10.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $230.0k9.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Pale Fire Capital SE 13D · may seek influence +2.0 pts · filed 2026-04-02 | 14.7% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
| BlackRock Portfolio Management LLC 13G · institution new · filed 2026-10-27 | 5.1% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-12 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Greenhouse Funds LLLP (4.1%, 2026-02-17), Capital International Investors (4.7%, 2026-02-13), FMR LLC (0.6%, 2026-01-08)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 7 | $1.1m | $1.1m |
| Q3 2023 | 0 | — | 8 | $716.8k | $355.2k |
| Q4 2023 | 0 | — | 8 | $203.9k | — |
| Q1 2024 | 0 | — | 8 | $5.5m | $650.4k |
| Q2 2024 | 0 | — | 7 | $1.5m | $462.0k |
| Q3 2024 | 0 | — | 9 | $1.2m | $284.5k |
| Q4 2024 | 0 | — | 8 | $3.1m | $2.9m |
| Q1 2025 | 0 | — | 7 | $7.5m | $3.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-26 | Gandhi Balaji Chief Financial Officer | Sold | $50.2k1.8k shares |
| 2025-03-19 | Linetsky David SVP, Life Sciences · By Spouse | Sold | $2.5k88 shares |
| 2025-03-18 | Linetsky David SVP, Life Sciences · By Spouse | Sold | $1.1k39 shares |
| 2025-03-17 | Hoffman Allison C General Counsel & Secretary | Sold plan | $88.5k3.5k shares |
| 2025-02-19 | Roberts Evan Chief Operating Officer | Sold plan | $5.3k177 shares |
| 2025-02-19 | Gandhi Balaji Chief Financial Officer | Sold plan | $2.9k96 shares |
| 2025-02-18 | Gandhi Balaji Chief Financial Officer | Sold plan | $173.4k5.8k shares |
| 2025-02-18 | Roberts Evan Chief Operating Officer | Sold plan | $105.8k3.5k shares |
| 2025-02-18 | Hoffman Allison C General Counsel & Secretary | Sold plan | $103.9k3.5k shares |
| 2025-02-14 | Gandhi Balaji Chief Financial Officer | Sold plan | $147.1k4.9k shares |
| 2025-02-14 | Roberts Evan Chief Operating Officer | Sold plan | $108.0k3.6k shares |
| 2025-02-13 | Gandhi Balaji Chief Financial Officer | Sold plan | $862.8k28.8k shares |
| 2025-02-13 | Roberts Evan Chief Operating Officer | Sold plan | $480.1k16.0k shares |
| 2025-02-13 | Linetsky David SVP, Life Sciences | Sold plan | $345.0k11.6k shares |
| 2025-02-07 | Linetsky David SVP, Life Sciences | Sold plan | $8.9k300 shares |
| 2025-02-05 | Linetsky David SVP, Life Sciences | Sold plan | $21.2k720 shares |
| 2025-01-29 | Linetsky David SVP, Life Sciences | Sold plan | $14.8k500 shares |
| 2025-01-28 | Hoffman Allison C General Counsel & Secretary | Sold plan | $177.7k6.2k shares |
| 2025-01-27 | Indig Chaim Chief Executive Officer, director | Sold | $721.1k26.2k shares |
| 2025-01-27 | Linetsky David SVP, Life Sciences | Sold | $321.0k11.7k shares |
| 2025-01-27 | Roberts Evan Chief Operating Officer | Sold | $294.4k10.7k shares |
| 2025-01-27 | Hoffman Allison C General Counsel & Secretary | Sold plan | $180.1k6.6k shares |
| 2025-01-27 | Gandhi Balaji Chief Financial Officer | Sold | $132.2k4.8k shares |
| 2025-01-27 | VanDuyn Amy Beth SVP, Human Resources | Sold | $95.5k3.5k shares |
| 2025-01-24 | Hui Yvonne Principal Accounting Officer | Sold plan | $3.6k127 shares |
| 2025-01-21 | Indig Chaim Chief Executive Officer, director | Sold | $592.4k21.7k shares |
| 2025-01-21 | Linetsky David SVP, Life Sciences | Sold | $378.9k13.9k shares |
| 2025-01-21 | Roberts Evan Chief Operating Officer | Sold | $348.2k12.7k shares |
| 2025-01-21 | Hoffman Allison C General Counsel & Secretary | Sold | $230.1k8.4k shares |
| 2025-01-21 | Gandhi Balaji Chief Financial Officer | Sold | $159.1k5.8k shares |
The latest 30 of 49 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.01% of their portfolio | 5.8m $147.1m | Reduced -396.9k |
| BlackRock, Inc. 0.00% of their portfolio | 5.4m $138.2m | Added +129.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.9m $126.2m | Added +113.4k |
| BROWN ADVISORY INC 0.14% of their portfolio | 3.8m $96.4m | Reduced -1.8m |
| Greenhouse Funds LLLP 3.68% of their portfolio | 3.0m $75.6m | Added +83.0k |
| Champlain Investment Partners, LLC 0.55% of their portfolio | 2.9m $75.3m | Added +490.3k |
| Capital International Investors 0.01% of their portfolio | 2.7m $70.1m | Added +150.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 2.6m $67.6m | Added +1.4m |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.5m $38.7m | Added +5.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $36.3m | Reduced -23.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.3m $32.9m | Added +44.8k |
| Rock Springs Capital Management LP 1.68% of their portfolio | 1.1m $29.4m | Reduced -891.7k |
| Granahan Investment Management, LLC 1.45% of their portfolio | 1.1m $29.1m | Reduced -315.2k |
| GW&K Investment Management, LLC 0.26% of their portfolio | 1.1m $27.9m | Reduced -3.2k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.51% of their portfolio | 1.0m $25.8m | Reduced -262.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 983.4k $25.1m | Added +957.8k |
| Park West Asset Management LLC 1.87% of their portfolio | 894.5k $22.9m | Added +470.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 665.9k $17.3m | Added +170.6k |
| RIVERBRIDGE PARTNERS LLC 0.26% of their portfolio | 634.4k $16.2m | Reduced -49.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 600.0k $15.3m | Added +2.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 568.2k $14.5m | Reduced -3.6k |
| Nuveen, LLC 0.00% of their portfolio | 555.8k $14.2m | First filing |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 539.2k $13.8m | Added +100.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 522.9k $13.4m | Reduced -4.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 522.4k $13.4m | Added +28.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.09% of their portfolio | 484.2k $12.4m | Added +89.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 421.8k $10.8m | New |
| ArrowMark Colorado Holdings LLC 0.17% of their portfolio | 419.1k $10.7m | Reduced -65.5k |
| Bellevue Group AG 0.22% of their portfolio | 376.2k $9.6m | Reduced -29.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 339.6k $8.7m | Added +6.9k |
| LORD, ABBETT & CO. LLC 0.03% of their portfolio | 331.0k $8.5m | New |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 298.9k $7.6m | Reduced -594.8k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.25% of their portfolio | 291.1k $7.4m | Reduced -28.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 268.2k $6.9m | Reduced -385.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 260.4k $6.7m | Added +101.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 225.3k $5.8m | Added +115.5k |
| MORGAN STANLEY 0.00% of their portfolio | 207.3k $5.3m | Reduced -59.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 204.7k $5.2m | Added +7.8k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 197.8k $5.1m | Added +51.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 197.3k $5.0m | Added +2.0k |
| BARCLAYS PLC 0.00% of their portfolio | 186.3k $4.8m | Reduced -22.9k |
| NICHOLAS COMPANY, INC. 0.08% of their portfolio | 183.0k $4.7m | Added +85.5k |
| Trexquant Investment LP 0.05% of their portfolio | 173.7k $4.4m | Added +137.9k |
| CASTLEARK MANAGEMENT LLC 0.15% of their portfolio | 168.7k $4.3m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 160.0k $4.1m | Added +132.0k |
| ALGERT GLOBAL LLC 0.10% of their portfolio | 156.6k $4.0m | Added +78.8k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 152.1k $3.9m | Added +105.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 147.8k $3.8m | Reduced -3.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 145.5k $3.7m | Added +63.5k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 137.0k $3.5m | Added +41.9k |
| Invesco Ltd. 0.00% of their portfolio | 132.0k $3.4m | Added +91.8k |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 124.4k $3.2m | Reduced -21.0k |
| Birchview Capital, LP 2.55% of their portfolio | 114.7k $2.9m | Reduced -114.7k |
| FORMULA GROWTH LTD 1.15% of their portfolio | 111.3k $2.8m | New |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 107.4k $2.7m | New |
| Swiss National Bank 0.00% of their portfolio | 107.0k $2.7m | Reduced -900 |
| Allianz Asset Management GmbH 0.00% of their portfolio | 103.1k $2.6m | Added +6.0k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.54% of their portfolio | 101.9k $2.6m | Reduced -814 |
| Bullseye Asset Management LLC 1.37% of their portfolio | 99.0k $2.5m | Unchanged |
| MOODY NATIONAL BANK TRUST DIVISION 0.26% of their portfolio | 96.7k $2.5m | Reduced -3.6k |
| ARCADIA INVESTMENT MANAGEMENT CORP/MI 0.43% of their portfolio | 92.8k $2.4m | Added +615 |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 89.4k $2.3m | Added +52.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 86.8k $2.2m | Added +3.2k |
| NORGES BANK 0.00% of their portfolio | 85.1k $2.2m | Reduced -26.4k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 84.1k $2.1m | Reduced -10.3k |
| UBS Group AG 0.00% of their portfolio | 81.4k $2.1m | Reduced -29.8k |
| Conestoga Capital Advisors, LLC 0.03% of their portfolio | 77.5k $2.0m | Reduced -90 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 74.9k $1.9m | Added +17.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 67.5k $1.7m | Added +42.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 66.1k $1.7m | Reduced -79.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 63.5k $1.6m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 62.6k $1.6m | Added +2.2k |
| Calamos Advisors LLC 0.01% of their portfolio | 62.4k $1.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 57.9k $1.5m | Reduced -5.6k |
| Legal & General Group Plc 0.00% of their portfolio | 56.7k $1.4m | Added +132 |
| DANSKE BANK A/S 0.00% of their portfolio | 56.1k $1.4m | Reduced -4.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 54.7k $1.4m | Reduced -1.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 51.3k $1.3m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 51.0k $1.3m | Added +40.3k |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 50.8k $1.3m | Added +4.4k |
| PDT Partners, LLC 0.09% of their portfolio | 49.2k $1.3m | New |
| Boston Partners 0.00% of their portfolio | 49.1k $1.3m | Reduced -8.0k |
| BESSEMER GROUP INC 0.00% of their portfolio | 47.8k $1.2m | Added +9.0k |
| WESBANCO BANK INC 0.04% of their portfolio | 46.0k $1.2m | Unchanged |
| DIVERSIFIED TRUST CO 0.03% of their portfolio | 44.6k $1.1m | Added +20.3k |
| CITIGROUP INC 0.00% of their portfolio | 43.6k $1.1m | Reduced -3.7k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 42.7k $1.1m | Added +7.6k |
| Lisanti Capital Growth, LLC 0.32% of their portfolio | 41.5k $1.1m | New |
| Legato Capital Management LLC 0.14% of their portfolio | 39.6k $1.0m | Added +8.8k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 38.6k $985.0k | Reduced -4.4k |
| GSA CAPITAL PARTNERS LLP 0.08% of their portfolio | 35.2k $900.0k | Reduced -45.5k |
| Graham Capital Management, L.P. 0.03% of their portfolio | 34.5k $880.7k | Added +4.4k |
| SECTORAL ASSET MANAGEMENT INC 0.68% of their portfolio | 34.0k $869.0k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 33.4k $854.3k | Reduced -437 |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 30.3k $773.6k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 29.8k $761.8k | Added +891 |
| Squarepoint Ops LLC 0.00% of their portfolio | 29.4k $750.7k | Added +7.1k |
| Legacy Advisors, LLC 0.08% of their portfolio | 29.0k $741.5k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 28.9k $738.2k | Added +15.2k |
| Engineers Gate Manager LP 0.01% of their portfolio | 28.4k $726.4k | Added +17.4k |