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 ($2.9m this quarter). Holder counts are more reliable. Shares outstanding: 61.8m as of 2026-05-22, 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 ≈ $10.28. Options: 9 managers hold calls ($4.9m notional), 6 hold puts ($1.8m).
Trends to Q2 2026
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 |
| Q3 2025 | 235 |
| Q4 2025 | 231 |
| Q1 2026 | 246 |
| Q2 2026 | 226 |
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 2024 | 102 | 66 |
| Q4 2024 | 92 | 90 |
| Q1 2025 | 122 | 80 |
| Q2 2025 | 127 | 100 |
| Q3 2025 | 134 | 103 |
| Q4 2025 | 129 | 111 |
| Q1 2026 | 151 | 114 |
| Q2 2026 | 130 | 113 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.1m | $6.4m | 2.07 |
| Q4 2025 | $1.9m | $4.9m | 2.66 |
| Q1 2026 | $1.0m | $2.8m | 2.78 |
| Q2 2026 | $4.9m | $1.8m | 0.37 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +1.3m |
| T. Rowe Price Investment Management, Inc. | New | +1.3m |
| BlackRock, Inc. | Added | +1.1m |
| NORDEA INVESTMENT MANAGEMENT AB | New | +784.3k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +576.6k |
| D. E. Shaw & Co., Inc. | Added | +513.0k |
| Point72 Asset Management, L.P. | New | +484.1k |
| GOLDMAN SACHS GROUP INC | Added | +404.5k |
| Pale Fire Capital SE | Added | +275.0k |
| MORGAN STANLEY | Added | +270.7k |
Biggest sellers
| Prosight Management, LP | Sold out | -1.1m |
| AMERICAN CENTURY COMPANIES INC | Sold out | -1.0m |
| Granahan Investment Management, LLC | Sold out | -987.6k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Sold out | -781.4k |
| Meros Investment Management, LP | Sold out | -615.7k |
| Jump Financial, LLC | Reduced | -520.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Sold out | -520.5k |
| FRANKLIN RESOURCES INC | Reduced | -505.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -411.5k |
| JANE STREET GROUP, LLC | Sold out | -348.3k |
Biggest calls
| PEAK6 LLC | New | $1.6m155.6k shares |
| J. Goldman & Co LP | New | $1.0m100.0k shares |
| CITADEL ADVISORS LLC | Added | $864.4k84.0k shares |
| IMC-Chicago, LLC | Added | $461.0k44.8k shares |
| Walleye Capital LLC | Added | $303.6k29.5k shares |
| GROUP ONE TRADING LLC | Added | $291.2k28.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $186.2k18.1k shares |
| JANE STREET GROUP, LLC | New | $158.5k15.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.2k800 shares |
Biggest puts
| Jefferies Financial Group Inc. | Unchanged | $612.3k59.5k shares |
| CITADEL ADVISORS LLC | Reduced | $493.9k48.0k shares |
| GROUP ONE TRADING LLC | Reduced | $348.8k33.9k shares |
| IMC-Chicago, LLC | Added | $240.8k23.4k shares |
| Walleye Capital LLC | Unchanged | $101.9k9.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.1k500 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 8 | $3.1m | $2.9m |
| Q1 2025 | 0 | — | 7 | $7.5m | $3.3m |
| Q2 2025 | 0 | — | 9 | $2.6m | $1.6m |
| Q3 2025 | 0 | — | 10 | $7.6m | $6.9m |
| Q4 2025 | 0 | — | 7 | $236.2k | $6.9k |
| Q1 2026 | 0 | — | 7 | $1.5m | $92.5k |
| Q2 2026 | 0 | — | 4 | $371.8k | $371.8k |
| Q3 2026 | 0 | — | 3 | $101.4k | $101.4k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-21 | Hoffman Allison C General Counsel & Secretary | Sold plan | $67.2k6.7k shares |
| 2026-07-16 | Hui Yvonne Principal Accounting Officer | Sold plan | $13.6k1.2k shares |
| 2026-07-14 | Egbuonu-Davis Lisa Director | Sold plan | $5.7k536 shares |
| 2026-07-06 | Hui Yvonne Principal Accounting Officer | Sold plan | $14.9k1.4k shares |
| 2026-06-25 | Egbuonu-Davis Lisa Director | Sold plan | $24.3k2.5k shares |
| 2026-05-18 | Hui Yvonne Principal Accounting Officer | Sold plan | $3.8k431 shares |
| 2026-04-20 | Hoffman Allison C General Counsel & Secretary | Sold plan | $56.0k6.2k shares |
| 2026-04-17 | Hui Yvonne Principal Accounting Officer | Sold plan | $12.3k1.3k shares |
| 2026-04-16 | Hui Yvonne Principal Accounting Officer | Sold plan | $91.4k10.1k shares |
| 2026-04-10 | Hoffman Allison C General Counsel & Secretary | Sold plan | $116.9k14.5k shares |
| 2026-04-10 | Linetsky David President, Network Solutions | Sold plan | $67.2k8.3k shares |
| 2026-04-02 | Barta Jan +4 10% owner · By Pale Fire Capital SICAV a.s. | Bought | $882.8k106.2k shares |
| 2026-04-01 | Barta Jan +4 10% owner · By Pale Fire Capital SICAV a.s. | Bought | $1.4m168.8k 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 2026
| Manager | Shares | Change |
|---|---|---|
| Pale Fire Capital SE 6.53% of their portfolio | 8.9m $91.8m | Added +275.0k |
| BlackRock, Inc. 0.00% of their portfolio | 7.0m $72.2m | Added +1.1m |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 3.2m $32.4m | Added +1.3m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 3.0m $30.7m | Reduced -347.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.5m $26.2m | Added +69.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 1.6m $16.5m | Added +576.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.6m $16.2m | Added +103.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.4m $14.8m | Added +404.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.3m $13.5m | Reduced -59.7k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 1.3m $13.3m | New |
| ALGERT GLOBAL LLC 0.15% of their portfolio | 1.2m $12.4m | Reduced -175.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio | 1.1m $11.5m | Added +38.0k |
| GW&K Investment Management, LLC 0.09% of their portfolio | 1.1m $10.9m | Added +37.2k |
| MORGAN STANLEY 0.00% of their portfolio | 1.0m $10.3m | Added +270.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 784.3k $8.0m | New |
| HRT FINANCIAL LP 0.02% of their portfolio | 734.5k $7.6m | Added +151.4k |
| OP Asset Management Ltd 0.08% of their portfolio | 705.9k $7.3m | Reduced -68.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 698.2k $7.2m | Reduced -57.6k |
| Rock Springs Capital Management LP 0.35% of their portfolio | 696.9k $7.2m | Added +96.5k |
| Nuveen, LLC 0.00% of their portfolio | 675.2k $6.9m | Reduced -333.0k |
| Whetstone Capital Advisors, LLC 1.72% of their portfolio | 629.8k $6.5m | Reduced -324.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 621.7k $6.4m | Added +108.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 609.7k $6.3m | Added +28.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 589.5k $6.1m | Reduced -411.5k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 524.5k $5.4m | Added +513.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 517.8k $5.3m | Added +207.4k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 484.1k $5.0m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 473.5k $4.9m | Reduced -9.5k |
| FMR LLC 0.00% of their portfolio | 463.0k $4.8m | Added +107.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 429.5k $4.4m | Reduced -302.2k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 424.9k $4.4m | Added +29.4k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 403.9k $4.2m | Reduced -111 |
| SG Americas Securities, LLC 0.00% of their portfolio | 400.2k $4.1m | Reduced -57.7k |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 358.5k $3.7m | Added +184.6k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 339.9k $3.5m | Reduced -90.3k |
| CAMBIAR INVESTORS LLC 0.15% of their portfolio | 339.7k $3.5m | Added +17.0k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.04% of their portfolio | 325.0k $3.3m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 321.1k $3.3m | Reduced -163.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 316.0k $3.3m | Reduced -150.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 273.3k $2.8m | Added +76.7k |
| MOORE CAPITAL MANAGEMENT, LP 0.06% of their portfolio | 266.7k $2.7m | Reduced -25.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 256.1k $2.6m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 230.5k $2.4m | Reduced -505.4k |
| Pacer Advisors, Inc. 0.01% of their portfolio | 227.3k $2.3m | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 224.2k $2.3m | Added +154.3k |
| Numerai GP LLC 0.16% of their portfolio | 188.0k $1.9m | Added +110.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 184.7k $1.9m | Reduced -74 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 178.4k $1.8m | Added +13.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 175.0k $1.8m | Reduced -59.5k |
| UBS Group AG 0.00% of their portfolio | 170.5k $1.8m | Reduced -85.3k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 168.3k $1.4m | Unchanged |
| Polymer Capital Management (US) LLC 0.25% of their portfolio | 163.9k $1.7m | Added +143.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 162.5k $1.7m | Added +83.5k |
| FLPUTNAM INVESTMENT MANAGEMENT CO 0.02% of their portfolio | 160.9k $1.7m | New |
| Mariner, LLC 0.00% of their portfolio | 157.8k $1.6m | Added +68.4k |
| Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio | 157.7k $1.6m | Reduced -123.5k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 156.1k $1.6m | Added +101.3k |
| Cerity Partners LLC 0.00% of their portfolio | 153.5k $1.6m | Added +66.5k |
| Corient Private Wealth LP 0.00% of their portfolio | 148.3k $1.5m | Added +121.4k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 143.7k $1.5m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 142.6k $1.5m | Added +34.8k |
| Bellevue Group AG 0.03% of their portfolio | 140.5k $1.4m | Added +9.5k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 135.8k $1.4m | Added +45.9k |
| Man Group plc 0.00% of their portfolio | 135.6k $1.4m | Reduced -1.8k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.07% of their portfolio | 130.5k $1.3m | Added +11.3k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 129.7k $1.3m | Added +8.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 123.6k $1.3m | Added +16.0k |
| Palogic Value Management, L.P. 0.44% of their portfolio | 120.2k $1.2m | Reduced -9.8k |
| Walleye Capital LLC 0.01% of their portfolio | 119.0k $1.2m | Reduced -291.1k |
| Invesco Ltd. 0.00% of their portfolio | 116.6k $1.2m | Added +14.8k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 110.2k $1.1m | Added +3.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 109.6k $1.1m | Added +19.9k |
| Creative Planning 0.00% of their portfolio | 106.0k $1.1m | Added +10.7k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 100.8k $1.0m | Added +42.5k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 99.4k $894.2k | Added +56.6k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 97.7k $1.0m | Added +49.4k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 96.9k $997.0k | Added +48.2k |
| LPL Financial LLC 0.00% of their portfolio | 93.2k $958.8k | Added +61.0k |
| Swiss National Bank 0.00% of their portfolio | 91.5k $941.5k | Reduced -26.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 87.9k $909.8k | Added +14.3k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 87.6k $901.9k | Added +51.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 85.9k $884.4k | Added +931 |
| SCHWARTZ INVESTMENT COUNSEL INC 0.03% of their portfolio | 78.7k $809.8k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 78.5k $657.8k | Added +16.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 77.0k $792.3k | Reduced -221.8k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 72.9k $750.5k | Added +51.2k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 70.1k $721.0k | New |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 69.7k $717.2k | Added +35.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 68.7k $707.1k | Reduced -3.2k |
| AXQ CAPITAL, LP 0.07% of their portfolio | 67.0k $689.4k | Added +45.7k |
| Inspire Investing, LLC 0.03% of their portfolio | 65.9k $678.0k | Added +1.8k |
| ALLSTATE CORP 0.01% of their portfolio | 65.2k $670.7k | New |
| XTX Topco Ltd 0.01% of their portfolio | 64.5k $664.0k | Reduced -110.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 61.3k $630.3k | Added +9.2k |
| Arax Advisory Partners 0.00% of their portfolio | 61.1k $628.9k | Added +59.9k |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 57.0k $586.5k | Added +5.0k |
| NATIXIS 0.00% of their portfolio | 55.0k $566.0k | Added +12.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 53.2k $547.5k | Reduced -1.9k |
| Campbell & CO Investment Adviser LLC 0.03% of their portfolio | 52.9k $544.1k | Added +24.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 52.3k $538.4k | Reduced -98 |