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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
PAS
126
Park Avenue Securities
New York
$481K +$454K +6,154 New
Pathstone Holdings
127
Pathstone Holdings
New Jersey
$478K -$78.4K -1,063 -15%
Baird Financial Group
128
Baird Financial Group
Wisconsin
$478K -$4.94K -67 -1%
Verition Fund Management
129
Verition Fund Management
Connecticut
$471K +$444K +6,022 New
HighTower Advisors
130
HighTower Advisors
Illinois
$464K +$45.6K +618 +12%
Janus Henderson Group
131
Janus Henderson Group
United Kingdom
$461K
YCM
132
Yousif Capital Management
Michigan
$445K -$811 -11 -0.2%
SCA
133
Snowden Capital Advisors
New York
$438K +$14.4K +195 +4%
CFO
134
Callan Family Office
Pennsylvania
$423K +$399K +5,415 New
HSBC Holdings
135
HSBC Holdings
United Kingdom
$410K +$392K +5,319 New
CB
136
Commerce Bank
Missouri
$407K +$103K +1,394 +37%
Bessemer Group
137
Bessemer Group
New Jersey
$406K +$19.2K +260 +5%
Corient Private Wealth
138
Corient Private Wealth
Florida
$387K +$88K +1,194 +32%
HR
139
Howe & Rusling
New York
$380K
IFA
140
Index Fund Advisors
California
$352K +$332K +4,505 New
ASRS
141
Arizona State Retirement System
Arizona
$347K +$7.67K +104 +2%
MSRPS
142
Maryland State Retirement & Pension System
Maryland
$344K
New York State Teachers Retirement System (NYSTRS)
143
New York State Teachers Retirement System (NYSTRS)
New York
$343K
Wealth Enhancement Advisory Services
144
Wealth Enhancement Advisory Services
Minnesota
$341K +$306K +4,153 New
PS
145
Principal Securities
Iowa
$339K +$76.8K +1,042 +32%
FT
146
Fiduciary Trust
Massachusetts
$338K +$80.2K +1,088 +34%
AB
147
Amalgamated Bank
New York
$336K
VOYA Investment Management
148
VOYA Investment Management
Georgia
$322K +$2.73K +37 +0.9%
TRSOTSOK
149
Teachers Retirement System of the State of Kentucky
Kentucky
$310K
COPPSERS
150
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$305K +$21.2K +288 +8%

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.