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US Physical Therapy

216 hedge funds and large institutions have $1.73B invested in US Physical Therapy in 2019 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 68 increasing their positions, 80 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 22

6% more capital invested

Capital invested by funds: $1.63B → $1.73B (+$103M)

2% more funds holding

Funds holding: 212216 (+4)

0.25% less ownership

Funds ownership: 104.17%103.92% (-0.25%)

15% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 80

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
216
Holders Change
+4
Holders Change %
+1.89%
% of All Funds
4.74%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
26
Increased
68
Reduced
80
Closed
22
Calls
$6.51M
Puts
Net Calls
+$6.51M
Net Calls Change
+$6.37M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$283M -$11.4M -87,591 -4%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$183M +$827K +6,348 +0.5%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$140M +$20.6M +158,491 +17%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$128M -$9.83M -75,478 -7%
Vanguard Group
5
Vanguard Group
Pennsylvania
$119M +$3.56M +27,340 +3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$63.1M -$370K -2,844 -0.6%
State Street
7
State Street
Massachusetts
$51.4M -$364K -2,797 -0.7%
RP
8
Riverbridge Partners
Minnesota
$49.7M -$1.03M -7,896 -2%
FAM
9
Fred Alger Management
New York
$41.6M +$5.64M +43,341 +16%
Renaissance Technologies
10
Renaissance Technologies
New York
$36.7M -$11M -84,623 -23%
Aberdeen Group
11
Aberdeen Group
United Kingdom
$31M -$6.6M -50,698 -18%
Northern Trust
12
Northern Trust
Illinois
$29.3M +$597K +4,587 +2%
Morgan Stanley
13
Morgan Stanley
New York
$24.4M +$16.2M +124,175 +197%
CCM
14
Copeland Capital Management
Pennsylvania
$23.4M -$4M -30,709 -15%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$23.1M -$491K -3,774 -2%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$22.7M +$198K +1,519 +0.9%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$22.6M -$712K -5,470 -3%
William Blair & Company
18
William Blair & Company
Illinois
$19.3M +$3.69M +28,338 +24%
Ameriprise
19
Ameriprise
Minnesota
$16.4M -$1.25M -9,589 -7%
Russell Investments Group
20
Russell Investments Group
United Kingdom
$15.9M -$430K -3,300 -3%
BTW
21
Boston Trust Walden
Massachusetts
$15.4M +$102K +787 +0.7%
Wells Fargo
22
Wells Fargo
California
$14.3M -$382K -2,931 -3%
Principal Financial Group
23
Principal Financial Group
Iowa
$14.3M -$109K -835 -0.8%
RA
24
Royce & Associates
New York
$13M +$197K +1,511 +2%
Invesco
25
Invesco
Georgia
$12.9M -$1.78M -13,703 -12%

USPH Hedge Fund Activity: Q3 2019 in Review

216 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q3 2019, worth a combined $1.73B — up 6.3% from $1.63B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new USPH positions and 22 closed out — a net gain of 4 holders — while 68 added to existing stakes and 80 trimmed.

The largest buyer was Neuberger Berman Group, adding an estimated $20.6M. The largest seller was BlackRock, cutting an estimated $11.4M.

  • 216 institutional investors held US Physical Therapy (USPH) as of Q3 2019, up from 212 in Q2 2019.
  • Funds reported $1.73B of US Physical Therapy stock for Q3 2019, up 6.3% quarter-over-quarter.
  • 26 funds opened new US Physical Therapy positions in Q3 2019 and 22 closed out, a net change of +4 holders.
  • The largest US Physical Therapy buyer in Q3 2019 was Neuberger Berman Group, an estimated $20.6M added.
  • The largest US Physical Therapy seller in Q3 2019 was BlackRock, an estimated $11.4M sold.

Based on aggregated 13F filings for Q3 2019.