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US Physical Therapy

240 hedge funds and large institutions have $1.22B invested in US Physical Therapy in 2025 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 101 increasing their positions, 76 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 76

10% more capital invested

Capital invested by funds: $1.11B → $1.22B (+$113M)

2.03% more ownership

Funds ownership: 100.63%102.66% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less funds holding

Funds holding: 253240 (-13)

31% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 36

Holders
240
Holders Change
-13
Holders Change %
-5.14%
% of All Funds
3.16%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
25
Increased
101
Reduced
76
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$8.52M -$227K -3,083 -3%
SEI Investments
27
SEI Investments
Pennsylvania
$8.15M +$2.01M +27,271 +35%
APC
28
Alpine Peaks Capital
New York
$6.8M +$221K +3,000 +4%
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$6.55M +$332K +4,505 +6%
Principal Financial Group
30
Principal Financial Group
Iowa
$6.4M -$227K -3,080 -4%
KCM
31
Kennedy Capital Management
Missouri
$6.4M +$76.4K +1,036 +1%
Renaissance Technologies
32
Renaissance Technologies
New York
$6.29M -$361K -4,900 -6%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$5.51M -$279K -3,790 -5%
RC
34
RBF Capital
California
$5.47M
Qube Research & Technologies (QRT)
35
Qube Research & Technologies (QRT)
United Kingdom
$5.4M -$1.41M -19,165 -22%
Stifel Financial
36
Stifel Financial
Missouri
$5.39M +$588K +7,972 +13%
UBS Group
37
UBS Group
Switzerland
$4.64M +$471K +6,388 +12%
Teacher Retirement System of Texas
38
Teacher Retirement System of Texas
Texas
$4.55M +$57.4K +779 +1%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$4.29M +$120K +1,632 +3%
JP Morgan Chase
40
JP Morgan Chase
New York
$4.15M -$1.2M -16,342 -24%
Invesco
41
Invesco
Georgia
$4.06M -$132K -1,791 -3%
Public Sector Pension Investment Board (PSP Investments)
42
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.05M +$290K +3,933 +8%
BCC
43
Bridge City Capital
Oregon
$3.91M -$56K -760 -1%
BA
44
Bard Associates
Illinois
$3.77M -$2.58K -35 -0.1%
CP
45
CenterBook Partners
Connecticut
$3.68M +$2.27M +30,746 +189%
UBS AM
46
UBS AM
Illinois
$3.63M +$1.04M +14,104 +44%
Russell Investments Group
47
Russell Investments Group
United Kingdom
$3.49M +$204K +2,772 +7%
SSCM
48
Sovereign's Capital Management
Georgia
$3.42M +$3.22M +43,695 New
ZIM
49
Zacks Investment Management
Illinois
$3.36M -$69.6K -944 -2%
Legal & General Group
50
Legal & General Group
United Kingdom
$3.24M +$17.5K +237 +0.6%

USPH Hedge Fund Activity: Q2 2025 in Review

240 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q2 2025, worth a combined $1.22B — up 10% from $1.11B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of USPH and 25 opened new positions — a net loss of 11 holders — while 76 trimmed existing stakes and 101 added.

The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $38.3M. The largest seller was Riverbridge Partners, exiting entirely with an estimated $20.5M sold.

  • 240 institutional investors held US Physical Therapy (USPH) as of Q2 2025, down from 253 in Q1 2025.
  • Funds reported $1.22B of US Physical Therapy stock for Q2 2025, up 10% quarter-over-quarter.
  • 25 funds opened new US Physical Therapy positions in Q2 2025 and 36 closed out, a net change of -11 holders.
  • The largest US Physical Therapy buyer in Q2 2025 was Kayne Anderson Rudnick Investment Management, an estimated $38.3M added.
  • The largest US Physical Therapy seller in Q2 2025 was Riverbridge Partners, an estimated $20.5M sold.

Based on aggregated 13F filings for Q2 2025.