US Physical Therapy
USPH
108 hedge funds and large institutions have $335M invested in US Physical Therapy in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 41 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
16% more capital invested
Capital invested by funds: $289M → $335M (+$46M)
6% more funds holding
Funds holding: 102 → 108 (+6)
2.45% more ownership
Funds ownership: 86.74% → 89.19% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.56M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.27M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.8M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$1.58M |
| 5 |
Bank of New York Mellon
New York
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.72M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$1.54M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.31M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.22M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
101
UBS
Zurich,
Switzerland
| $9K | -$17K | -576 | -67% |
|
102
Envestnet Asset Management
Chicago,
Illinois
| $8K | – | – | – |
|
|
OSAM
103
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $5K | -$1.08M | -36,702 | -100% |
|
|
HNB
104
Huntington National Bank
Columbus,
Ohio
| $3K | – | – | – |
|
105
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $285 | – | – | – |
|
|
CS
106
Credit Suisse
Zurich,
Switzerland
| – | -$250K | -9,036 | Closed |
|
|
PMFA
107
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$4K | -155 | Closed |
|
USPH Hedge Fund Activity: Q3 2013 in Review
108 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q3 2013, worth a combined $335M — up 16% from $289M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new USPH positions and 2 closed out — a net gain of 6 holders — while 38 added to existing stakes and 41 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $3.56M. The largest seller was Russell Frank Company, cutting an estimated $1.72M.
- 108 institutional investors held US Physical Therapy (USPH) as of Q3 2013, up from 102 in Q2 2013.
- Funds reported $335M of US Physical Therapy stock for Q3 2013, up 16% quarter-over-quarter.
- 8 funds opened new US Physical Therapy positions in Q3 2013 and 2 closed out, a net change of +6 holders.
- The largest US Physical Therapy buyer in Q3 2013 was Wellington Management Group, an estimated $3.56M added.
- The largest US Physical Therapy seller in Q3 2013 was Russell Frank Company, an estimated $1.72M sold.
Based on aggregated 13F filings for Q3 2013.