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US Physical Therapy

253 hedge funds and large institutions have $1.11B invested in US Physical Therapy in 2025 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 82 increasing their positions, 113 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more call options, than puts

Call options by funds: $123K | Put options by funds: $79K

4% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 25

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less funds holding

Funds holding: 255253 (-2)

2.45% less ownership

Funds ownership: 103.08%100.63% (-2.5%)

20% less capital invested

Capital invested by funds: $1.38B → $1.11B (-$275M)

27% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 113

Holders
253
Holders Change
-2
Holders Change %
-0.78%
% of All Funds
3.39%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
26
Increased
82
Reduced
113
Closed
25
Calls
$123K
Puts
$79K
Net Calls
+$44K
Net Calls Change
+$5.05M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$163M -$6.59M -78,486 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$77.4M -$1.16M -13,880 -1%
Morgan Stanley
3
Morgan Stanley
New York
$72M -$3.5M -41,728 -4%
Kayne Anderson Rudnick Investment Management
4
Kayne Anderson Rudnick Investment Management
California
$70M -$3.91M -46,555 -5%
CCM
5
Copeland Capital Management
Pennsylvania
$59.1M -$1.94M -23,084 -3%
State Street
6
State Street
Massachusetts
$49.2M -$1.24M -14,741 -2%
SAM
7
Southernsun Asset Management
Tennessee
$39.4M -$2.35M -27,997 -5%
BTW
8
Boston Trust Walden
Massachusetts
$37M -$659K -7,856 -2%
Schroder Investment Management Group
9
Schroder Investment Management Group
United Kingdom
$31.8M +$3.01M +35,853 +9%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$29.2M -$1.94M -23,138 -5%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$25.2M +$469K +5,585 +2%
BG
12
Bahl & Gaynor
Ohio
$25M +$7.12M +84,878 +33%
GKIM
13
GW&K Investment Management
Massachusetts
$24.9M +$2.37M +28,203 +9%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$22.9M +$1.4M +16,698 +6%
RP
15
Riverbridge Partners
Minnesota
$20.5M -$2.26M -26,949 -9%
Northern Trust
16
Northern Trust
Illinois
$19.8M +$1.03M +12,292 +5%
Rockefeller Capital Management
17
Rockefeller Capital Management
New York
$17.4M +$4.44M +52,872 +28%
Point72 Asset Management
18
Point72 Asset Management
Connecticut
$13.1M -$2.7M -32,162 -15%
Bank of America
19
Bank of America
North Carolina
$12.4M +$1.71M +20,326 +13%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$11.8M -$160K -1,904 -1%
FAM
21
Fred Alger Management
New York
$10.3M -$687K -8,185 -5%
Charles Schwab
22
Charles Schwab
California
$9.73M -$602K -7,169 -5%
CIC
23
Crawford Investment Counsel
Georgia
$9.73M +$561K +6,685 +5%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$9.07M -$581K -6,920 -5%
N
25
Nuveen
North Carolina
$8.7M -$53.7K -640 -0.5%

USPH Hedge Fund Activity: Q1 2025 in Review

253 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q1 2025, worth a combined $1.11B — down 20% from $1.38B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new USPH positions and 25 closed out — a net gain of 1 holder — while 82 added to existing stakes and 113 trimmed.

The largest buyer was Bahl & Gaynor, adding an estimated $7.12M. The largest seller was Silvercrest Asset Management, cutting an estimated $13.4M.

  • 253 institutional investors held US Physical Therapy (USPH) as of Q1 2025, down from 255 in Q4 2024.
  • Funds reported $1.11B of US Physical Therapy stock for Q1 2025, down 20% quarter-over-quarter.
  • 26 funds opened new US Physical Therapy positions in Q1 2025 and 25 closed out, a net change of +1 holder.
  • The largest US Physical Therapy buyer in Q1 2025 was Bahl & Gaynor, an estimated $7.12M added.
  • The largest US Physical Therapy seller in Q1 2025 was Silvercrest Asset Management, an estimated $13.4M sold.

Based on aggregated 13F filings for Q1 2025.