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US Physical Therapy

174 hedge funds and large institutions have $729M invested in US Physical Therapy in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 64 increasing their positions, 55 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

16% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 55

5% more funds holding

Funds holding: 166174 (+8)

3% less capital invested

Capital invested by funds: $749M → $729M (-$20.3M)

4.94% less ownership

Funds ownership: 98.47%93.53% (-4.9%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
174
Holders Change
+8
Holders Change %
+4.82%
% of All Funds
4.64%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
25
Increased
64
Reduced
55
Closed
17
Calls
$1.54M
Puts
Net Calls
+$1.54M
Net Calls Change
+$1.54M
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
1
Neuberger Berman Group
New York
$68.5M +$8.87M +143,834 +15%
BFA
2
BlackRock Fund Advisors
California
$58.2M +$3.38M +54,747 +6%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$49.6M -$5.59M -90,615 -10%
Vanguard Group
4
Vanguard Group
Pennsylvania
$37.5M +$1.29M +20,904 +4%
Renaissance Technologies
5
Renaissance Technologies
New York
$36M -$93.7K -1,520 -0.3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$29.5M +$222K +3,607 +0.8%
AAM
7
Aberdeen Asset Management
United Kingdom
$25.8M +$5.54M +89,832 +28%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$21.4M +$300K +4,872 +1%
BTW
9
Boston Trust Walden
Massachusetts
$21.4M -$92.9K -1,506 -0.4%
BIT
10
BlackRock Institutional Trust
California
$21.2M +$523K +8,478 +3%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$20M +$13.3M +216,073 +209%
RA
12
Royce & Associates
New York
$20M -$160K -2,600 -0.8%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$19.4M +$1.75M +28,455 +10%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$19.1M -$5.99M -97,200 -24%
State Street
15
State Street
Massachusetts
$16.9M -$1.12M -18,104 -6%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$14.2M -$426K -6,902 -3%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$13.9M +$410K +6,645 +3%
HW
18
Hancock Whitney
Mississippi
$13M -$1.18M -19,210 -8%
Northern Trust
19
Northern Trust
Illinois
$11.8M +$249K +4,032 +2%
EIP
20
Epoch Investment Partners
New York
$10.2M -$25.5M -413,417 -72%
TAM
21
THB Asset Management
Connecticut
$9.07M -$1.75M -28,309 -16%
Lord, Abbett & Co
22
Lord, Abbett & Co
New Jersey
$8.33M +$8.19M +132,786 New
WC
23
Weatherbie Capital
Massachusetts
$6.62M +$893K +14,481 +16%
Morgan Stanley
24
Morgan Stanley
New York
$5.85M +$3.14M +50,968 +120%
Principal Financial Group
25
Principal Financial Group
Iowa
$5.74M +$216K +3,498 +4%

USPH Hedge Fund Activity: Q3 2016 in Review

174 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q3 2016, worth a combined $729M — down 2.7% from $749M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new USPH positions and 17 closed out — a net gain of 8 holders — while 64 added to existing stakes and 55 trimmed.

The largest buyer was Schroder Investment Management Group, adding an estimated $13.3M. The largest seller was Tiverton Asset Management, cutting an estimated $35.2M.

  • 174 institutional investors held US Physical Therapy (USPH) as of Q3 2016, up from 166 in Q2 2016.
  • Funds reported $729M of US Physical Therapy stock for Q3 2016, down 2.7% quarter-over-quarter.
  • 25 funds opened new US Physical Therapy positions in Q3 2016 and 17 closed out, a net change of +8 holders.
  • The largest US Physical Therapy buyer in Q3 2016 was Schroder Investment Management Group, an estimated $13.3M added.
  • The largest US Physical Therapy seller in Q3 2016 was Tiverton Asset Management, an estimated $35.2M sold.

Based on aggregated 13F filings for Q3 2016.