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US Physical Therapy

196 hedge funds and large institutions have $1.5B invested in US Physical Therapy in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 68 increasing their positions, 72 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

6,909% more call options, than puts

Call options by funds: $771K | Put options by funds: $11K

110% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 10

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

25% more capital invested

Capital invested by funds: $1.2B → $1.5B (+$300M)

5% more funds holding

Funds holding: 186196 (+10)

1.04% more ownership

Funds ownership: 98.66%99.7% (+1%)

6% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 72

Holders
196
Holders Change
+10
Holders Change %
+5.38%
% of All Funds
4.48%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
21
Increased
68
Reduced
72
Closed
10
Calls
$771K
Puts
$11K
Net Calls
+$760K
Net Calls Change
+$2.24M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$231M +$22.8M +201,866 +12%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$133M -$15.4M -136,209 -11%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$106M -$3.67M -32,453 -3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$91M +$4.86M +43,050 +6%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$86.3M +$4.25M +37,645 +5%
Renaissance Technologies
6
Renaissance Technologies
New York
$74.4M -$2.94M -26,000 -4%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$58.6M -$42.1K -373 -0.1%
RP
8
Riverbridge Partners
Minnesota
$56.2M -$2.36M -20,906 -4%
State Street
9
State Street
Massachusetts
$45M +$3.63M +32,114 +9%
Aberdeen Group
10
Aberdeen Group
United Kingdom
$42.9M -$12.7M -112,815 -24%
Invesco
11
Invesco
Georgia
$36.2M +$20.3M +179,867 +144%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$26.5M -$4.04M -35,789 -14%
Northern Trust
13
Northern Trust
Illinois
$25.8M +$19.9K +176 +0.1%
RA
14
Royce & Associates
New York
$23.4M -$1.1M -9,700 -5%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$22M +$624K +5,527 +3%
BTW
16
Boston Trust Walden
Massachusetts
$21.3M -$4.96M -43,905 -20%
CCM
17
Copeland Capital Management
Pennsylvania
$18.7M -$3.29M -29,100 -16%
Russell Investments Group
18
Russell Investments Group
United Kingdom
$17.6M -$342K -3,032 -2%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$15.5M +$1.73M +15,337 +13%
TAM
20
THB Asset Management
Connecticut
$14.1M -$2.64M -23,331 -16%
WG
21
Winton Group
United Kingdom
$13.8M +$12.2M +107,709 +1,289%
Wells Fargo
22
Wells Fargo
California
$13.3M +$1.13M +10,037 +10%
Principal Financial Group
23
Principal Financial Group
Iowa
$13M +$489K +4,333 +4%
Morgan Stanley
24
Morgan Stanley
New York
$11.5M +$4.87M +43,074 +80%
Ameriprise
25
Ameriprise
Minnesota
$10.6M +$756K +6,697 +8%

USPH Hedge Fund Activity: Q3 2018 in Review

196 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q3 2018, worth a combined $1.5B — up 25% from $1.2B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new USPH positions and 10 closed out — a net gain of 11 holders — while 68 added to existing stakes and 72 trimmed.

The largest buyer was BlackRock, adding an estimated $22.8M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $16.2M sold.

  • 196 institutional investors held US Physical Therapy (USPH) as of Q3 2018, up from 186 in Q2 2018.
  • Funds reported $1.5B of US Physical Therapy stock for Q3 2018, up 25% quarter-over-quarter.
  • 21 funds opened new US Physical Therapy positions in Q3 2018 and 10 closed out, a net change of +11 holders.
  • The largest US Physical Therapy buyer in Q3 2018 was BlackRock, an estimated $22.8M added.
  • The largest US Physical Therapy seller in Q3 2018 was Janus Henderson Group, an estimated $16.2M sold.

Based on aggregated 13F filings for Q3 2018.