U.S. Physical TherapyUSPH

13F holders, Q4 2025 (December 31)
228holders −18
15new positions
33sold out
5famous investors
$78.17avg. 13F price*

At the end of Q4 2025, 228 institutions reported holding U.S. Physical Therapy Inc. (USPH) in their 13F filings, down 18 from Q3 2025. 15 opened new positions and 33 sold out. The largest holders were BlackRock, Inc. ($171.8M), Kayne Anderson Rudnick Investment Management LLC ($94.7M) and Vanguard Group Inc. ($84.8M). 5 famous investors held it, including Steve Cohen (0.0% of Point72 Asset Management's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
U.S. Physical Therapy Inc.
CUSIP
90337L108
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300 Q1 2024: 235Q1 2024Q2 2024: 243Q2 2024Q3 2024: 257Q3 2024Q4 2024: 255Q4 2024Q1 2025: 253Q1 2025Q2 2025: 240Q2 2025Q3 2025: 246Q3 2025Q4 2025: 228Q4 2025Q1 2026: 229Q1 2026Q2 2026: 217Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions15$14.4M
Exits33$30.3M

All 13F filers, Q3 2025 → Q4 2025: 1,330,898 shares bought and 1,347,907 shares sold, net −17,009 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 228 holders

BlackRock, Inc. 0.00% Add +1.0% 2,199,920 $171.8M
Kayne Anderson Rudnick Investment Management LLC 0.25% Reduce -10.4% 1,212,260 $94.7M
Vanguard Group Inc. 0.00% Add +1.5% 1,085,336 $84.8M
Morgan Stanley 0.00% Reduce -11.4% 1,003,333 $78.4M
Copeland Capital Management, LLC 1.37% Reduce -6.9% 786,114 $61.4M
Bahl & Gaynor LLC 0.26% Add +39.2% 660,864 $51.6M
State Street Corp. 0.00% Reduce -0.9% 648,427 $50.6M
Bank of America Corp. 0.00% Add +57.6% 499,965 $39.0M
Dimensional Fund Advisors LP 0.01% Add +3.7% 491,726 $38.4M
Southernsun Asset Management, LLC 5.23% Reduce -5.1% 479,536 $37.4M
Boston Trust Walden Corp 0.27% Reduce -7.7% 452,314 $35.3M
Point72 Asset Management 0.05% Add +213.1% 385,189 $30.1M
Schroder Investment Management Group 0.02% Add +45.9% 364,253 $29.6M
William Blair Investment Management, LLC 0.08% Add +7.2% 370,707 $28.9M
GW&K Investment Management, LLC 0.24% Add +3.2% 361,974 $28.3M
Geode Capital Management, LLC 0.00% Add +0.3% 355,237 $27.7M
Envestnet Asset Management Inc. 0.01% Reduce -19.8% 270,545 $21.1M
American Century Companies Inc. 0.01% Add +3.1% 266,340 $20.8M
Northern Trust Corp. 0.00% Reduce -6.7% 214,466 $16.7M
Rockefeller Capital Management L.P. 0.03% Reduce -47.6% 178,690 $14.0M
Crawford Investment Counsel Inc. 0.19% Add +0.9% 148,120 $11.6M
Charles Schwab Investment Management Inc. 0.00% Add +3.6% 147,888 $11.5M
Wells Fargo & Company 0.00% Reduce -10.1% 147,748 $11.5M
Bank of New York Mellon Corp 0.00% Add +7.6% 134,724 $10.5M
FMR LLC 0.00% Reduce -15.5% 129,839 $10.1M
Royal Bank of Canada 0.00% Add +13.2% 109,696 $8.6M
Wellington Management Group LLP 0.00% Add +23.4% 108,485 $8.5M
Sei Investments Co. 0.01% Add +3.0% 107,644 $8.4M
JPMorgan Chase & Co. 0.00% Reduce -4.0% 105,433 $8.2M
Ameriprise Financial Inc. 0.00% Reduce -4.3% 102,588 $8.0M
Woodline Partners LP 0.03% New 93,805 $7.3M
Goldman Sachs Group Inc. 0.00% Add +5.9% 93,401 $7.3M
Alpine Peaks Capital, LP 6.80% Reduce -4.1% 91,224 $7.1M
Principal Financial Group Inc. 0.00% Add +5.4% 88,574 $6.9M
Kennedy Capital Management LLC 0.14% Reduce -0.1% 85,142 $6.6M
RBF Capital, LLC 0.25% No change 69,999 $5.5M
First Trust Advisors LP 0.00% Add +607.2% 69,834 $5.5M
Victory Capital Management Inc. 0.00% Add +101.0% 66,888 $5.2M
Renaissance Technologies 0.01% Reduce -40.5% 62,374 $4.9M
Invesco Ltd. 0.00% Add +9.2% 58,507 $4.6M
Stifel Financial Corp. 0.00% Reduce -17.6% 54,174 $4.2M
Bridge City Capital, LLC 1.21% Add +7.4% 52,850 $4.1M
Public Sector Pension Investment Board 0.01% Reduce -11.4% 52,573 $4.1M
Russell Investments Group, Ltd. 0.00% Reduce -3.4% 48,735 $3.8M
Rhumbline Advisers 0.00% Reduce -4.8% 48,700 $3.8M
Sovereign's Capital Management, LLC 2.22% Reduce -6.5% 46,905 $3.7M
Bard Associates Inc. 0.87% Reduce -6.1% 43,268 $3.4M
Jane Street Group, LLC 0.00% Add +18.7% 41,719 $3.3M
CenterBook Partners LP 0.16% Add +582.7% 41,284 $3.2M
Legal & General Group Plc 0.00% Reduce -4.4% 38,656 $3.0M
Raymond James Financial Inc. 0.00% Add +13.8% 36,361 $2.8M
Hodges Capital Management Inc. 0.24% New 35,105 $2.7M
Johnson Investment Counsel Inc. 0.02% Add +19.5% 34,404 $2.7M
Susquehanna Portfolio Strategies, LLC 0.04% Reduce -7.8% 31,125 $2.4M
Nuveen, LLC 0.00% Reduce -3.8% 30,091 $2.3M
Swiss National Bank 0.00% Add +2.0% 30,000 $2.3M
Penn Davis McFarland Inc. 0.22% Add +0.0% 29,793 $2.3M
Brown Brothers Harriman & Co. 0.01% Add +183.9% 28,245 $2.2M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -0.5% 27,647 $2.2M
Callan Family Office, LLC 0.04% New 25,194 $2.0M
Two Sigma Investments, LP 0.00% Reduce -58.5% 25,026 $2.0M
Captrust Financial Advisors 0.00% Add +24.7% 24,288 $1.9M
Barclays PLC 0.00% Add +13.2% 24,161 $1.9M
UBS Group AG 0.00% Add +11.5% 23,691 $1.9M
Legato Capital Management LLC 0.15% Add +87.3% 22,116 $1.7M
Cambiar Investors LLC 0.08% No change 21,621 $1.7M
Daiwa Securities Group Inc. 0.01% Reduce -3.6% 21,566 $1.7M
Chatham Capital Group, Inc. 0.22% Add +1.4% 19,729 $1.5M
Millennium Management 0.00% Add +579.5% 19,467 $1.5M
New York State Common Retirement Fund 0.00% Add +15.4% 19,414 $1.5M
Rice Hall James & Associates, LLC 0.08% Reduce -17.9% 17,968 $1.4M
Alliancebernstein L.P. 0.00% No change 17,787 $1.4M
Truist Financial Corp. 0.00% Reduce -6.4% 17,708 $1.4M
MML Investors Services, LLC 0.00% Reduce -21.7% 17,634 $1.4M
Oppenheimer Asset Management Inc. 0.02% Reduce -16.6% 17,590 $1.4M
Conestoga Capital Advisors, LLC 0.02% Add +2.5% 15,275 $1.2M
Susquehanna International Group, LLP 0.00% New 15,014 $1.2M
LPL Financial LLC 0.00% Reduce -8.2% 14,801 $1.2M
South Dakota Investment Council 0.02% Reduce -7.5% 14,713 $1.1M
XTX Topco Ltd 0.03% Add +97.5% 14,688 $1.1M
Prudential Financial Inc. 0.00% Reduce -5.8% 14,079 $1.1M
California State Teachers Retirement System 0.00% Reduce -0.1% 13,924 $1.1M
T. Rowe Price Associates Inc. 0.00% Add +10.0% 13,124 $1.0M
Martin Capital Advisors, LLP 0.59% No change 12,909 $1.0M
Wilmington Savings Fund Society, FSB 0.02% Reduce -22.9% 12,890 $1.0M
True North Advisors, LLC 0.13% Add +15.8% 12,674 $990K
CANADA LIFE ASSURANCE Co 0.00% No change 12,580 $982K
Deutsche Bank AG 0.00% Add +6.1% 11,850 $925K
SG Americas Securities, LLC 0.00% Reduce -13.0% 11,828 $924K
Cetera Investment Advisers 0.00% Reduce -20.1% 11,187 $874K
AQR Capital Management 0.00% Reduce -19.0% 10,724 $837K
Lanark Financial, Inc. 0.06% Add +2.2% 10,558 $824K
Thrivent Financial for Lutherans 0.00% Reduce -4.8% 10,448 $816K
US Bancorp \de 0.00% Add +23.8% 10,268 $802K
Balyasny Asset Management L.P. 0.00% Reduce -0.4% 10,037 $784K
Neuberger Berman Group LLC 0.00% Reduce -48.8% 9,868 $771K
QSV Equity Investors LLC 1.13% Reduce -33.7% 9,808 $766K
Creative Planning 0.00% Add +12.2% 9,217 $720K
MetLife Investment Management, LLC 0.00% No change 9,050 $707K
Level Four Advisory Services, LLC 0.02% Reduce -42.4% 8,842 $691K
Legacy Wealth Asset Management, LLC 0.17% Reduce -3.0% 8,762 $684K
State of Alaska, Department of Revenue 0.01% Add +1.1% 8,535 $666K
Atria Investments, Inc 0.01% Add +14.0% 7,812 $610K
Marshall Wace, LLP 0.00% Reduce -82.8% 7,718 $603K
Illinois Municipal Retirement Fund 0.01% Reduce -5.2% 7,684 $600K
Quantinno Capital Management LP 0.00% Add +130.8% 7,634 $596K
Comerica Bank 0.00% Reduce -7.3% 7,337 $573K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -0.0% 7,006 $547K
Louisiana State Employees Retirement System 0.01% No change 7,000 $547K
Two Sigma Advisers, LP 0.00% Reduce -65.3% 6,700 $523K
M&T Bank Corp 0.00% Reduce -37.2% 6,602 $516K
Osaic Holdings, Inc. 0.00% Reduce -36.4% 6,596 $515K
Manufacturers Life Insurance Company, The 0.00% Reduce -5.9% 6,521 $509K
Personal Cfo Solutions, LLC 0.08% Reduce -7.9% 6,469 $505K
Benjamin Edwards Inc. 0.01% Reduce -17.0% 6,315 $494K
Intech Investment Management LLC 0.00% Reduce -30.0% 6,211 $485K
Harbor Capital Advisors, Inc. 0.04% Reduce -4.4% 6,117 $478K
Morningstar Investment Management LLC 0.03% No change 5,919 $462K
Janus Henderson Group PLC 0.00% No change 5,888 $460K
Baird Financial Group, Inc. 0.00% Reduce -10.1% 5,789 $452K
Freestone Grove Partners LP 0.00% New 5,628 $439K
Integrated Quantitative Investments LLC 0.09% Reduce -61.6% 5,467 $427K
Park Avenue Securities LLC 0.00% Reduce -25.0% 5,417 $423K
&partners 0.00% Reduce -22.6% 5,215 $408K
Bessemer Group Inc. 0.00% Reduce -1.1% 5,133 $401K
Snowden Capital Advisors LLC 0.01% Reduce -13.4% 4,958 $387K
Commerce Bank 0.00% Reduce -2.9% 4,888 $382K
Howe & Rusling Inc. 0.03% No change 4,864 $380K
Corient Private Wealth LP 0.00% Reduce -12.5% 4,829 $377K
Yousif Capital Management, LLC 0.00% Reduce -12.9% 4,159 $354K
Amalgamated Bank 0.00% Reduce -1.1% 4,414 $345K
Fiduciary Trust Co 0.00% Reduce -0.7% 4,407 $344K
New York State Teachers Retirement System 0.00% No change 4,386 $343K
Arizona State Retirement System 0.00% Reduce -5.5% 4,248 $332K
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -12.1% 4,052 $329K
Police & Firemen's Retirement System of New Jersey 0.00% No change 4,164 $325K
CWC Advisors, LLC. 0.16% Reduce -11.7% 4,162 $325K
Round Rock Advisors LLC 0.05% Add +58.8% 3,987 $311K
Principal Securities, Inc. 0.00% Reduce -14.7% 3,963 $309K
HighTower Advisors, LLC 0.00% Reduce -16.4% 3,931 $307K
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.00% Reduce -2.8% 3,764 $294K
Teachers Retirement System of the State of Kentucky 0.00% Reduce -6.3% 3,709 $290K
Oregon Public Employees Retirement Fund 0.00% Add +0.8% 3,483 $272K
D. E. Shaw & Co. 0.00% Reduce -92.4% 3,392 $265K
BNP Paribas Financial Markets 0.00% Add +6.3% 3,361 $262K
Citigroup Inc. 0.00% Reduce -25.4% 3,318 $259K
KLP Kapitalforvaltning As 0.00% Add +13.8% 3,300 $258K
State of Tennessee, Department of Treasury 0.00% Reduce -49.3% 2,973 $249K
Janney Montgomery Scott LLC 0.00% Add +0.4% 3,169 $247K
Simplicity Wealth,LLC 0.01% Add +23.2% 3,055 $239K
Handelsbanken Fonder AB 0.00% No change 3,000 $234K
ProShare Advisors LLC 0.00% Add +3.1% 2,932 $229K
PNC Financial Services Group, Inc. 0.00% Reduce -5.3% 2,928 $229K
Focus Partners Wealth 0.00% New 2,789 $218K
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% New 2,716 $212K
Voya Investment Management LLC 0.00% No change 2,697 $211K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% No change 2,631 $205K
Swiss Life Asset Management Ltd 0.00% New 2,618 $204K
CIBC Private Wealth Group LLC 0.00% Add +0.1% 2,292 $179K
Kestra Advisory Services, LLC 0.00% Reduce -26.5% 1,839 $144K
Vestcor Inc 0.00% No change 1,372 $107K
Canada Pension Plan Investment Board 0.00% No change 1,300 $102K
Ameritas Investment Partners, Inc. 0.00% No change 1,260 $98K
AlphaQuest LLC 0.01% Reduce -74.2% 1,178 $92K
Global Retirement Partners, LLC 0.00% Add +1450.7% 1,132 $88K
Huntington National Bank 0.00% Add +15.3% 1,052 $82K
Center for Financial Planning, Inc. 0.01% No change 1,001 $78K
Blue Trust, Inc. 0.00% Add +36.4% 873 $68K
Tower Research Capital LLC (TRC) 0.00% Add +102.1% 772 $60K
KBC Group NV 0.00% No change 774 $60K
Cwm, LLC 0.00% Reduce -39.1% 589 $46K
Pinnacle Wealth Planning Services, Inc. 0.00% New 588 $46K
Assetmark, Inc. 0.00% No change 570 $45K
GAMMA Investing LLC 0.00% Add +207.1% 516 $40K
Simplex Trading, LLC 0.00% New 511 $40K
Parallel Advisors, LLC 0.00% Reduce -1.5% 448 $35K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% No change 442 $35K
Sterling Capital Management LLC 0.00% Reduce -4.0% 413 $32K
Arax Advisory Partners 0.00% Reduce -36.2% 407 $32K
EverSource Wealth Advisors, LLC 0.00% Reduce -14.9% 401 $31K
TOWER TRUST & INVESTMENT Co 0.02% No change 400 $31K
Fifth Third Bancorp 0.00% Reduce -44.4% 390 $30K
Quadrant Capital Group LLC 0.00% Reduce -2.8% 381 $30K
Hantz Financial Services, Inc. 0.00% Add +56.4% 366 $29K
CBIZ Investment Advisory Services, LLC 0.00% Reduce -0.3% 360 $28K
First Horizon Corp. 0.00% Add +84.3% 271 $21K
Cornerstone Planning Group LLC 0.00% Reduce -77.9% 251 $21K
Nisa Investment Advisors, LLC 0.00% Reduce -3.5% 251 $20K
Centerpoint Advisors, LLC 0.01% No change 224 $17K
Public Employees Retirement System of Ohio 0.00% Add +5.5% 192 $15K
Transamerica Financial Advisors, LLC 0.00% Add +4.3% 168 $13K
Signaturefd, LLC 0.00% Reduce -21.4% 162 $13K
Westside Investment Management, Inc. 0.00% No change 160 $13K
Salomon & Ludwin, LLC 0.00% Reduce -23.0% 124 $10K
CVA Family Office, LLC 0.00% No change 128 $10K
CoreCap Advisors, LLC 0.00% Reduce -4.8% 118 $9K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +77.4% 110 $9K
Los Angeles Capital Management LLC 0.00% New 93 $8K
SouthState Bank Corp 0.00% New 102 $8K
UMB Bank, n.a. 0.00% Reduce -6.7% 97 $8K
Atlantic Union Bankshares Corp 0.00% Add +100.0% 94 $7K
Wolff Wiese Magana LLC 0.00% Add +9.9% 78 $6K
Sound Income Strategies, LLC 0.00% New 67 $6K
WPG Advisers, LLC 0.00% No change 62 $5K
NewEdge Advisors, LLC 0.00% Add +1.8% 57 $4K
MidFirst Bank 0.00% — 49 $4K
TD Private Client Wealth LLC 0.00% No change 43 $3K
IFP Advisors, Inc 0.00% Reduce -9.8% 37 $3K
Parkside Financial Bank & Trust 0.00% Add +250.0% 35 $3K
Jones Financial Companies LLLP 0.00% No change 33 $3K
Allworth Financial LP 0.00% Add +61.1% 29 $2K
Tucker Asset Management LLC 0.00% New 25 $2K
MassMutual Private Wealth & Trust, FSB 0.00% No change 22 $2K
Versant Capital Management, Inc 0.00% Add +320.0% 21 $2K
Farther Finance Advisors, LLC 0.00% Add +23.5% 21 $2K
Essential Partners LLC 0.00% Reduce -78.2% 19 $1K
Rothschild Investment LLC 0.00% Reduce -10.0% 18 $1K
Ancora Advisors LLC 0.00% No change 13 $1K
Covestor Ltd 0.00% Add +28.6% 9 $1K
CX Institutional 0.00% New 11 $1K
Smartleaf Asset Management LLC 0.00% Reduce -93.7% 12 $975
Optiver Holding B.V. 0.00% Reduce -87.0% 12 $937
Farmers & Merchants Investments Inc. 0.00% No change 11 $859
Ankerstar Wealth, LLC 0.00% — 5 $390
Caitong International Asset Management Co., Ltd 0.00% Reduce -92.6% 4 $312
Cullen/Frost Bankers, Inc. 0.00% No change 3 $265
Gilpin Wealth Management, LLC 0.00% — 2 $157
SBI Securities Co., Ltd. 0.00% No change 1 $78

"% of holder's portfolio" is USPH's weight in each manager's 13F, not the share of U.S. Physical Therapy Inc. the manager owns.