US Physical Therapy
USPH
248 hedge funds and large institutions have $1.36B invested in US Physical Therapy in 2025 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 89 increasing their positions, 86 reducing their positions, and 29 closing their positions.
861% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $1.1M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
34% more capital inflows, than outflows
Capital inflows: $140M | Capital outflows: $105M
28% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 29
2.75% more ownership
Funds ownership: 102.66% → 105.41% (+2.7%)
2% more funds holding
Funds holding: 242 → 248 (+6)
3% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$27.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$20.7M |
| 3 |
Bahl & Gaynor
Cincinnati,
Ohio
|
+$12.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11.1M |
| 5 |
4D Advisors
Redondo Beach,
California
|
+$8.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12.2M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$10.9M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$10.7M |
| 4 |
Fred Alger Management
New York
|
-$9.16M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$6.35M |
USPH Hedge Fund Activity: Q3 2025 in Review
248 of the 7,658 institutional investors tracked by Wall St. Rank reported a position in US Physical Therapy (USPH) for Q3 2025, worth a combined $1.36B — up 12% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new USPH positions and 29 closed out — a net gain of 8 holders — while 89 added to existing stakes and 86 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $27.7M. The largest seller was Point72 Asset Management, cutting an estimated $12.2M.
- 248 institutional investors held US Physical Therapy (USPH) as of Q3 2025, up from 242 in Q2 2025.
- Funds reported $1.36B of US Physical Therapy stock for Q3 2025, up 12% quarter-over-quarter.
- 37 funds opened new US Physical Therapy positions in Q3 2025 and 29 closed out, a net change of +8 holders.
- The largest US Physical Therapy buyer in Q3 2025 was William Blair Investment Management, an estimated $27.7M added.
- The largest US Physical Therapy seller in Q3 2025 was Point72 Asset Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2025.