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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
PCM
101
Perkins Capital Management
Minnesota
$509K
SGI
102
Summit Global Investments
Utah
$484K +$439K +6,900 New
Thrivent Financial for Lutherans
103
Thrivent Financial for Lutherans
Minnesota
$477K +$24.8K +390 +6%
SGAM
104
Smith Group Asset Management
Texas
$466K -$114K -1,790 -21%
AA
105
ALPS Advisors
Colorado
$462K +$3.94K +62 +1%
ASRS
106
Arizona State Retirement System
Arizona
$449K -$6.36K -100 -2%
Two Sigma Advisers
107
Two Sigma Advisers
New York
$433K +$392K +6,166 New
Envestnet Asset Management
108
Envestnet Asset Management
Illinois
$395K +$228K +3,578 +175%
Allianz Asset Management
109
Allianz Asset Management
Germany
$381K +$345K +5,427 New
AG
110
Aperio Group
California
$356K +$11.6K +182 +4%
GHCM
111
Glen Harbor Capital Management
California
$353K +$320K +5,032 New
LSERS
112
Louisiana State Employees Retirement System
Louisiana
$351K -$31.8K -500 -9%
OSAM
113
O'Shaughnessy Asset Management
Connecticut
$347K
CAM
114
Capstone Asset Management
Texas
$343K -$107K -1,680 -26%
New York State Teachers Retirement System (NYSTRS)
115
New York State Teachers Retirement System (NYSTRS)
New York
$343K
US Bancorp
116
US Bancorp
Minnesota
$340K +$218K +3,421 +241%
CIS
117
Connors Investor Services
Pennsylvania
$316K
VOYA Investment Management
118
VOYA Investment Management
Georgia
$308K
Los Angeles Capital Management
119
Los Angeles Capital Management
California
$303K
FA
120
FDx Advisors
Illinois
$292K +$265K +4,165 New
MCIM
121
Meadow Creek Investment Management
Georgia
$291K +$264K +4,144 New
ECM
122
ETrade Capital Management
Virginia
$261K +$236K +3,712 New
PAM
123
Paradigm Asset Management
New York
$256K -$433K -6,800 -65%
AP
124
Advisors Preferred
Maryland
$243K +$220K +3,455 New
EP
125
Elkfork Partners
Oregon
$229K +$207K +3,256 New

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.