US Physical Therapy
USPH
177 hedge funds and large institutions have $789M invested in US Physical Therapy in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 63 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
78% more call options, than puts
Call options by funds: $608K | Put options by funds: $341K
2% more funds holding
Funds holding: 173 → 177 (+4)
0.11% less ownership
Funds ownership: 96.65% → 96.54% (-0.11%)
7% less capital invested
Capital invested by funds: $848M → $789M (-$59.2M)
13% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 63
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$110M |
| 2 |
FAM
Fred Alger Management
New York
|
+$18.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$7.84M |
| 5 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.91M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.09M |
| 4 |
Bank of New York Mellon
New York
|
-$3.38M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$2.76M |
USPH Hedge Fund Activity: Q1 2017 in Review
177 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q1 2017, worth a combined $789M — down 7% from $848M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new USPH positions and 11 closed out — a net gain of 10 holders — while 55 added to existing stakes and 63 trimmed.
The largest buyer was BlackRock, adding an estimated $110M. The largest seller was Royal Bank of Canada, cutting an estimated $14.1M.
- 177 institutional investors held US Physical Therapy (USPH) as of Q1 2017, up from 173 in Q4 2016.
- Funds reported $789M of US Physical Therapy stock for Q1 2017, down 7% quarter-over-quarter.
- 21 funds opened new US Physical Therapy positions in Q1 2017 and 11 closed out, a net change of +10 holders.
- The largest US Physical Therapy buyer in Q1 2017 was BlackRock, an estimated $110M added.
- The largest US Physical Therapy seller in Q1 2017 was Royal Bank of Canada, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2017.