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US Physical Therapy

173 hedge funds and large institutions have $848M invested in US Physical Therapy in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 61 increasing their positions, 45 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

36% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 45

16% more capital invested

Capital invested by funds: $729M → $848M (+$119M)

3.12% more ownership

Funds ownership: 93.53%96.65% (+3.1%)

3% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 31

1% less funds holding

Funds holding: 174173 (-1)

Holders
173
Holders Change
-1
Holders Change %
-0.57%
% of All Funds
4.33%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
32
Increased
61
Reduced
45
Closed
31
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
76
Canada Life
Manitoba, Canada
$1.14M -$116K -1,829 -10%
NFA
77
Nationwide Fund Advisors
Ohio
$1.12M -$1.23M -19,330 -55%
ERSOT
78
Employees Retirement System of Texas
Texas
$1.05M +$954K +15,000 New
FIM
79
Freedom Investment Management
Connecticut
$1.04M -$206K -3,243 -18%
IIM
80
Ironwood Investment Management
Massachusetts
$1.03M -$55.4K -871 -6%
CS
81
Credit Suisse
Switzerland
$1.03M -$171K -2,691 -16%
Comerica Bank
82
Comerica Bank
Texas
$956K +$45K +708 +6%
GC
83
Guggenheim Capital
Illinois
$953K -$516K -8,105 -37%
New York State Common Retirement Fund
84
New York State Common Retirement Fund
New York
$927K +$44.5K +700 +6%
HIM
85
Hillsdale Investment Management
Ontario, Canada
$927K +$375K +5,900 +81%
AQR Capital Management
86
AQR Capital Management
Connecticut
$926K -$87K -1,368 -9%
TAM
87
Tiverton Asset Management
Delaware
$908K
TD Asset Management
88
TD Asset Management
Ontario, Canada
$814K +$738K +11,600 New
BG
89
Bahl & Gaynor
Ohio
$788K +$713K +11,215 New
Ohio Public Employees Retirement System (OPERS)
90
Ohio Public Employees Retirement System (OPERS)
Ohio
$787K
Deutsche Bank
91
Deutsche Bank
Germany
$703K -$1.45M -22,840 -69%
State of Tennessee, Department of Treasury
92
State of Tennessee, Department of Treasury
Tennessee
$697K
GT
93
Glenmede Trust
Pennsylvania
$669K
TPSF
94
Texas Permanent School Fund
Texas
$641K -$25.7K -404 -4%
AIG
95
American International Group
New York
$627K -$8.59K -135 -1%
Public Sector Pension Investment Board (PSP Investments)
96
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$611K
MLICM
97
Metropolitan Life Insurance Company (MetLife)
New York
$602K -$29.5K -464 -5%
Manulife (Manufacturers Life Insurance)
98
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$576K +$3.05K +48 +0.6%
CAM
99
Congress Asset Management
Massachusetts
$572K +$272K +4,272 +110%
State Board of Administration of Florida Retirement System
100
State Board of Administration of Florida Retirement System
Florida
$526K

USPH Hedge Fund Activity: Q4 2016 in Review

173 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q4 2016, worth a combined $848M — up 16% from $729M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new USPH positions and 31 closed out — a net gain of 1 holder — while 61 added to existing stakes and 45 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $45.2M. The largest seller was Royal Bank of Canada, cutting an estimated $23.1M.

  • 173 institutional investors held US Physical Therapy (USPH) as of Q4 2016, down from 174 in Q3 2016.
  • Funds reported $848M of US Physical Therapy stock for Q4 2016, up 16% quarter-over-quarter.
  • 32 funds opened new US Physical Therapy positions in Q4 2016 and 31 closed out, a net change of +1 holder.
  • The largest US Physical Therapy buyer in Q4 2016 was T. Rowe Price Associates, an estimated $45.2M added.
  • The largest US Physical Therapy seller in Q4 2016 was Royal Bank of Canada, an estimated $23.1M sold.

Based on aggregated 13F filings for Q4 2016.