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 ($862.2k this quarter). Holder counts are more reliable. Shares outstanding: 59.5m as of 2025-05-22, 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 ≈ $28.46. Options: 8 managers hold calls ($8.1m notional), 6 hold puts ($3.8m).
Trends to Q2 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 |
| Q2 2025 | 225 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 127 | 100 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $10.6m | $15.7m | 1.48 |
| Q4 2024 | $10.9m | $8.4m | 0.77 |
| Q1 2025 | $6.2m | $12.7m | 2.06 |
| Q2 2025 | $8.1m | $3.8m | 0.47 |
Biggest buyers
| LOOMIS SAYLES & CO L P | New | +1.2m |
| Nuveen, LLC | Added | +748.7k |
| Capital International Investors | Added | +391.6k |
| CAMBIAR INVESTORS LLC | New | +375.1k |
| Greenhouse Funds LLLP | Added | +368.4k |
| VANGUARD GROUP INC | Added | +330.8k |
| MARSHALL WACE, LLP | Added | +281.5k |
| Qube Research & Technologies Ltd | Added | +237.4k |
| Park West Asset Management LLC | Added | +227.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +215.1k |
Biggest sellers
| BROWN ADVISORY INC | Reduced | -1.3m |
| FMR LLC | Reduced | -860.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -570.2k |
| Rock Springs Capital Management LP | Reduced | -311.0k |
| T. Rowe Price Investment Management, Inc. | Sold out | -298.9k |
| Champlain Investment Partners, LLC | Reduced | -221.9k |
| CASTLEARK MANAGEMENT LLC | Sold out | -168.7k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -140.1k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -114.0k |
| GW&K Investment Management, LLC | Reduced | -89.3k |
Biggest calls
| PEAK6 LLC | Added | $3.4m120.0k shares |
| JANE STREET GROUP, LLC | Reduced | $2.9m100.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $643.2k22.6k shares |
| GROUP ONE TRADING LLC | Reduced | $438.3k15.4k shares |
| CITADEL ADVISORS LLC | Added | $364.3k12.8k shares |
| IMC-Chicago, LLC | Added | $324.4k11.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $79.0k2.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $2.0m69.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $629.0k22.1k shares |
| SIMPLEX TRADING, LLC | Added | $426.0k15.0k shares |
| GROUP ONE TRADING LLC | Added | $389.9k13.7k shares |
| CITADEL ADVISORS LLC | Reduced | $355.8k12.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 Q2 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2025 | 0 | — | 9 | $2.6m | $1.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-27 | Linetsky David SVP, Network Solutions | Sold plan | $676.3k23.7k shares |
| 2025-06-26 | Egbuonu-Davis Lisa Director | Sold plan | $77.5k2.8k shares |
| 2025-06-18 | Linetsky David SVP, Network Solutions · By Spouse | Sold | $1.7k67 shares |
| 2025-06-17 | Linetsky David SVP, Network Solutions · By Spouse | Sold | $1.1k42 shares |
| 2025-06-10 | Weintraub Michael Director | Sold plan | $71.6k2.6k shares |
| 2025-06-10 | Hui Yvonne Principal Accounting Officer | Sold plan | $16.3k582 shares |
| 2025-06-09 | Weintraub Michael Director | Sold plan | $204.4k7.4k shares |
| 2025-04-22 | Hui Yvonne Principal Accounting Officer | Sold plan | $31.5k1.3k shares |
| 2025-04-21 | Hui Yvonne Principal Accounting Officer | Sold plan | $22.9k993 shares |
| 2025-04-21 | Linetsky David SVP, Life Sciences · By Spouse | Sold | $6.0k260 shares |
| 2025-04-16 | Linetsky David SVP, Life Sciences | Sold plan | $106.7k4.5k shares |
| 2025-04-16 | Indig Chaim Chief Executive Officer, director | Sold | $73.6k3.1k shares |
| 2025-04-16 | Roberts Evan Chief Operating Officer | Sold | $43.9k1.8k shares |
| 2025-04-16 | Hoffman Allison C General Counsel & Secretary | Sold | $28.9k1.2k shares |
| 2025-04-16 | Gandhi Balaji Chief Financial Officer | Sold | $20.6k864 shares |
| 2025-04-16 | VanDuyn Amy Beth SVP, Human Resources | Sold | $14.9k624 shares |
| 2025-04-16 | Hui Yvonne Principal Accounting Officer | Sold plan | $9.9k418 shares |
| 2025-04-15 | Hui Yvonne Principal Accounting Officer | Sold plan | $7.5k314 shares |
| 2025-04-09 | Hoffman Allison C General Counsel & Secretary | Sold plan | $109.1k4.7k shares |
| 2025-04-09 | Hui Yvonne Principal Accounting Officer | Sold plan | $65.1k2.8k shares |
| 2025-04-08 | Indig Chaim Chief Executive Officer, director | Sold | $290.3k12.2k shares |
| 2025-04-08 | Gandhi Balaji Chief Financial Officer | Sold | $191.9k8.0k shares |
| 2025-04-08 | Roberts Evan Chief Operating Officer | Sold | $172.6k7.2k shares |
| 2025-04-08 | Hoffman Allison C General Counsel & Secretary | Sold plan | $143.7k6.0k shares |
| 2025-04-08 | Linetsky David SVP, Life Sciences | Sold | $94.1k3.9k shares |
| 2025-04-08 | Hui Yvonne Principal Accounting Officer | Sold plan | $44.8k1.9k shares |
| 2025-04-08 | VanDuyn Amy Beth SVP, Human Resources | Sold | $40.4k1.7k shares |
| 2025-04-08 | Linetsky David SVP, Life Sciences | Sold | $5.9k248 shares |
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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 5.4m $153.8m | Reduced -2.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.3m $149.9m | Added +330.8k |
| FMR LLC 0.01% of their portfolio | 4.9m $139.3m | Reduced -860.5k |
| Greenhouse Funds LLLP 3.96% of their portfolio | 3.3m $94.6m | Added +368.4k |
| Capital International Investors 0.02% of their portfolio | 3.1m $89.2m | Added +391.6k |
| Champlain Investment Partners, LLC 0.54% of their portfolio | 2.7m $77.5m | Reduced -221.9k |
| BROWN ADVISORY INC 0.09% of their portfolio | 2.5m $70.7m | Reduced -1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 2.1m $59.0m | Reduced -570.2k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.5m $43.4m | Added +9.1k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $41.2m | Added +27.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.3m $37.4m | Added +24.1k |
| Nuveen, LLC 0.01% of their portfolio | 1.3m $37.1m | Added +748.7k |
| Granahan Investment Management, LLC 1.51% of their portfolio | 1.3m $37.1m | Added +164.2k |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 1.2m $34.2m | New |
| Park West Asset Management LLC 2.43% of their portfolio | 1.1m $31.9m | Added +227.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.0m $29.8m | Added +63.1k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.52% of their portfolio | 1.0m $28.9m | Added +4.7k |
| GW&K Investment Management, LLC 0.26% of their portfolio | 1.0m $28.6m | Reduced -89.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 881.0k $25.1m | Added +215.1k |
| Rock Springs Capital Management LP 1.48% of their portfolio | 837.3k $23.8m | Reduced -311.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 594.4k $16.9m | Reduced -5.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 572.6k $16.3m | Added +4.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 567.1k $16.1m | Added +44.3k |
| RIVERBRIDGE PARTNERS LLC 0.25% of their portfolio | 551.5k $15.7m | Reduced -82.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 539.4k $15.4m | Added +206 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 537.6k $15.3m | Added +15.3k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.09% of their portfolio | 485.6k $13.8m | Added +1.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 443.8k $12.6m | Added +22.0k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 418.5k $11.9m | Added +281.5k |
| ArrowMark Colorado Holdings LLC 0.21% of their portfolio | 415.7k $11.8m | Reduced -3.3k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 389.5k $11.1m | Added +237.4k |
| CAMBIAR INVESTORS LLC 0.45% of their portfolio | 375.1k $10.7m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 364.2k $10.4m | Added +138.9k |
| MORGAN STANLEY 0.00% of their portfolio | 363.3k $10.3m | Added +155.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 363.1k $10.3m | Added +23.5k |
| Bellevue Group AG 0.21% of their portfolio | 332.0k $9.4m | Reduced -44.1k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 325.6k $9.3m | Added +34.5k |
| LORD, ABBETT & CO. LLC 0.03% of their portfolio | 309.5k $8.8m | Reduced -21.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 274.6k $7.8m | Added +126.8k |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 252.4k $7.2m | Added +144.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 242.7k $6.9m | Added +38.1k |
| ALGERT GLOBAL LLC 0.14% of their portfolio | 229.0k $6.5m | Added +72.4k |
| UBS Group AG 0.00% of their portfolio | 227.1k $6.5m | Added +145.7k |
| NICHOLAS COMPANY, INC. 0.10% of their portfolio | 212.1k $6.0m | Added +29.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 200.8k $5.7m | Added +3.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 188.1k $5.4m | Added +28.1k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 172.9k $4.9m | Reduced -24.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 168.6k $4.8m | Added +23.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 153.1k $4.4m | Added +63.7k |
| Trexquant Investment LP 0.05% of their portfolio | 151.8k $4.3m | Reduced -21.9k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 146.5k $4.2m | Added +43.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 146.4k $4.2m | Reduced -114.0k |
| Boston Partners 0.00% of their portfolio | 130.1k $3.7m | Added +81.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 128.2k $3.6m | Added +101.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 128.1k $3.6m | Reduced -140.1k |
| PDT Partners, LLC 0.21% of their portfolio | 127.5k $3.6m | Added +78.2k |
| Meros Investment Management, LP 1.66% of their portfolio | 123.1k $3.5m | New |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 121.3k $3.5m | Reduced -3.1k |
| BARCLAYS PLC 0.00% of their portfolio | 117.8k $3.4m | Reduced -68.6k |
| MOODY NATIONAL BANK TRUST DIVISION 0.30% of their portfolio | 115.3k $3.3m | Added +18.7k |
| Birchview Capital, LP 3.24% of their portfolio | 114.7k $3.3m | Unchanged |
| ARCADIA INVESTMENT MANAGEMENT CORP/MI 0.52% of their portfolio | 113.5k $3.2m | Added +20.7k |
| Bullseye Asset Management LLC 1.57% of their portfolio | 110.7k $3.2m | Added +11.7k |
| FORMULA GROWTH LTD 1.18% of their portfolio | 109.5k $3.1m | Reduced -1.7k |
| Swiss National Bank 0.00% of their portfolio | 107.0k $3.0m | Unchanged |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.52% of their portfolio | 101.2k $2.9m | Reduced -694 |
| Squarepoint Ops LLC 0.01% of their portfolio | 100.9k $2.9m | Added +71.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 96.8k $2.8m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 92.6k $2.6m | Added +5.8k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 91.4k $2.6m | Added +7.3k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.01% of their portfolio | 82.9k $2.4m | New |
| CONNORS INVESTOR SERVICES INC 0.20% of their portfolio | 81.2k $2.3m | New |
| Susquehanna Portfolio Strategies, LLC 0.05% of their portfolio | 81.1k $2.3m | New |
| Conestoga Capital Advisors, LLC 0.03% of their portfolio | 77.5k $2.2m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 69.9k $2.0m | Added +2.4k |
| Invesco Ltd. 0.00% of their portfolio | 66.7k $1.9m | Reduced -65.3k |
| Legal & General Group Plc 0.00% of their portfolio | 65.3k $1.9m | Added +8.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 61.9k $1.8m | Added +7.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 61.3k $1.7m | Added +3.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 61.2k $1.7m | Reduced -2.3k |
| Verition Fund Management LLC 0.01% of their portfolio | 59.7k $1.7m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 58.8k $1.7m | Reduced -16.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 58.0k $1.7m | Reduced -8.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 56.9k $1.6m | Reduced -5.6k |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 54.6k $1.6m | Added +3.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 50.8k $1.4m | Reduced -510 |
| BESSEMER GROUP INC 0.00% of their portfolio | 47.6k $1.4m | Reduced -199 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 47.1k $1.3m | Added +23.0k |
| WESBANCO BANK INC 0.04% of their portfolio | 46.0k $1.3m | Unchanged |
| DIVERSIFIED TRUST CO 0.03% of their portfolio | 45.0k $1.3m | Added +426 |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 45.0k $1.3m | New |
| NORGES BANK 0.00% of their portfolio | 44.9k $1.3m | Reduced -40.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 44.8k $1.3m | Reduced -6.2k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 42.7k $1.2m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 36.1k $1.0m | Added +6.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 34.0k $968.8k | Added +10.9k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 33.4k $951.2k | Unchanged |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 31.4k $894.2k | Added +20.4k |
| Legato Capital Management LLC 0.10% of their portfolio | 30.3k $861.7k | Reduced -9.3k |
| Graham Capital Management, L.P. 0.03% of their portfolio | 30.2k $860.0k | Reduced -4.2k |