US Physical Therapy
USPH
108 hedge funds and large institutions have $385M invested in US Physical Therapy in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 44 increasing their positions, 40 reducing their positions, and 10 closing their positions.
15% more capital invested
Capital invested by funds: $335M → $385M (+$49.9M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
10% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 40
1.24% more ownership
Funds ownership: 89.19% → 90.43% (+1.2%)
0% more funds holding
Funds holding: 108 → 108 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.61M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.38M |
| 3 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$1.12M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$1.12M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.15M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.21M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.68M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.5M |
USPH Hedge Fund Activity: Q4 2013 in Review
108 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q4 2013, worth a combined $385M — up 15% from $335M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new USPH positions and 10 closed out — a net gain of 1 holder — while 44 added to existing stakes and 40 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $4.61M. The largest seller was Royce & Associates, cutting an estimated $4.15M.
- 108 institutional investors held US Physical Therapy (USPH) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $385M of US Physical Therapy stock for Q4 2013, up 15% quarter-over-quarter.
- 11 funds opened new US Physical Therapy positions in Q4 2013 and 10 closed out, a net change of +1 holder.
- The largest US Physical Therapy buyer in Q4 2013 was Deutsche Bank, an estimated $4.61M added.
- The largest US Physical Therapy seller in Q4 2013 was Royce & Associates, an estimated $4.15M sold.
Based on aggregated 13F filings for Q4 2013.