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US Physical Therapy

240 hedge funds and large institutions have $1.22B invested in US Physical Therapy in 2025 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 101 increasing their positions, 76 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 76

10% more capital invested

Capital invested by funds: $1.11B → $1.22B (+$113M)

2.03% more ownership

Funds ownership: 100.63%102.66% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less funds holding

Funds holding: 253240 (-13)

31% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 36

Holders
240
Holders Change
-13
Holders Change %
-5.14%
% of All Funds
3.16%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
25
Increased
101
Reduced
76
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$174M -$1.37M -18,535 -0.8%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$116M +$38.3M +520,044 +54%
Vanguard Group
3
Vanguard Group
Pennsylvania
$84M +$290K +3,936 +0.4%
Morgan Stanley
4
Morgan Stanley
New York
$81.9M +$3.87M +52,449 +5%
CCM
5
Copeland Capital Management
Pennsylvania
$69.5M +$5.34M +72,463 +9%
State Street
6
State Street
Massachusetts
$50.9M -$1.86M -25,182 -4%
SAM
7
Southernsun Asset Management
Tennessee
$39.7M -$2.65M -35,971 -7%
BTW
8
Boston Trust Walden
Massachusetts
$38.9M -$959K -13,005 -3%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$34.9M +$3.21M +43,507 +11%
GKIM
10
GW&K Investment Management
Massachusetts
$32.9M +$5.59M +75,813 +22%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$30.1M -$4.17M -56,549 -13%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$27.6M +$317K +4,306 +1%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$27.1M +$2.19M +29,671 +9%
Rockefeller Capital Management
14
Rockefeller Capital Management
New York
$26.5M +$7.18M +97,397 +40%
BG
15
Bahl & Gaynor
Ohio
$25.2M -$1.72M -23,369 -7%
Point72 Asset Management
16
Point72 Asset Management
Connecticut
$21.6M +$7M +94,972 +53%
Northern Trust
17
Northern Trust
Illinois
$18.4M -$2.88M -39,055 -14%
Bank of America
18
Bank of America
North Carolina
$14M +$548K +7,438 +4%
Wells Fargo
19
Wells Fargo
California
$13.7M +$4.38M +59,460 +51%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$13M +$154K +2,093 +1%
Charles Schwab
21
Charles Schwab
California
$10.9M +$337K +4,570 +3%
CIC
22
Crawford Investment Counsel
Georgia
$10.7M +$164K +2,222 +2%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$10.3M +$456K +6,190 +5%
FAM
24
Fred Alger Management
New York
$9.16M -$1.84M -25,028 -18%
N
25
Nuveen
North Carolina
$8.64M -$715K -9,706 -8%

USPH Hedge Fund Activity: Q2 2025 in Review

240 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q2 2025, worth a combined $1.22B — up 10% from $1.11B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of USPH and 25 opened new positions — a net loss of 11 holders — while 76 trimmed existing stakes and 101 added.

The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $38.3M. The largest seller was Riverbridge Partners, exiting entirely with an estimated $20.5M sold.

  • 240 institutional investors held US Physical Therapy (USPH) as of Q2 2025, down from 253 in Q1 2025.
  • Funds reported $1.22B of US Physical Therapy stock for Q2 2025, up 10% quarter-over-quarter.
  • 25 funds opened new US Physical Therapy positions in Q2 2025 and 36 closed out, a net change of -11 holders.
  • The largest US Physical Therapy buyer in Q2 2025 was Kayne Anderson Rudnick Investment Management, an estimated $38.3M added.
  • The largest US Physical Therapy seller in Q2 2025 was Riverbridge Partners, an estimated $20.5M sold.

Based on aggregated 13F filings for Q2 2025.