Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in USPH held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.2M | $165.5M | +0.4% | 14.501% | 0.00% |
| 2 | KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 1.1M | $79.9M | -12.1% | 6.998% | 0.23% |
| 3 | MORGAN STANLEY | 1.0M | $75.1M | -0.1% | 6.582% | 0.00% |
| 4 | Copeland Capital Management, LLC | 837K | $62.7M | +6.5% | 5.495% | 1.39% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 664K | $49.8M | β | 4.360% | 0.00% |
| 6 | STATE STREET CORP | 648K | $48.9M | -0.0% | 4.257% | 0.00% |
| 7 | BANK OF AMERICA CORP /DE/ | 555K | $41.6M | +10.9% | 3.642% | 0.00% |
| 8 | DIMENSIONAL FUND ADVISORS LP | 507K | $38.0M | +3.2% | 3.331% | 0.01% |
| 9 | SOUTHERNSUN ASSET MANAGEMENT, LLC | 440K | $33.0M | -8.3% | 2.888% | 4.78% |
| 10 | Boston Trust Walden Corp | 400K | $30.0M | -11.5% | 2.627% | 0.25% |
| 11 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 378K | $28.3M | +1.9% | 2.481% | 0.09% |
| 12 | GEODE CAPITAL MANAGEMENT, LLC | 366K | $27.4M | +3.0% | 2.403% | 0.00% |
| 13 | AMERICAN CENTURY COMPANIES INC | 336K | $25.2M | +26.3% | 2.209% | 0.01% |
| 14 | VANGUARD PORTFOLIO MANAGEMENT LLC | 312K | $23.4M | β | 2.051% | 0.00% |
| 15 | ENVESTNET ASSET MANAGEMENT INC | 273K | $20.5M | +0.9% | 1.793% | 0.01% |
| 16 | SCHRODER INVESTMENT MANAGEMENT GROUP | 257K | $19.2M | -29.6% | 1.684% | 0.02% |
| 17 | Point72 Asset Management, L.P. | 241K | $18.1M | -37.3% | 1.585% | 0.03% |
| 18 | NORTHERN TRUST CORP | 211K | $15.8M | -1.7% | 1.385% | 0.00% |
| 19 | CRAWFORD INVESTMENT COUNSEL INC | 152K | $11.4M | +2.5% | 0.997% | 0.19% |
| 20 | FMR LLC | 148K | $11.1M | +14.0% | 0.972% | 0.00% |
| 21 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 147K | $11.0M | -0.6% | 0.965% | 0.00% |
| 22 | Rockefeller Capital Management L.P. | 134K | $10.1M | -24.9% | 0.881% | 0.02% |
| 23 | ROYAL BANK OF CANADA | 134K | $10.0M | +21.9% | 0.878% | 0.00% |
| 24 | Bank of New York Mellon Corp | 132K | $9.9M | -2.3% | 0.865% | 0.00% |
| 25 | WELLS FARGO & COMPANY/MN | 126K | $9.5M | -14.6% | 0.828% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in USPH β a direct measure of their conviction.
Filings activity in USPH during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new USPH position in Q1 2026
Institutions that fully closed their USPH position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 223 | 0.4% | 109.72% | 6.94 pp | $1.10B | 6.0% |
| Q4 2025 | 224 | 6.7% | 116.66% | 11.07 pp | $1.16B | 8.7% |
| Q3 2025 | 240 | +1.7% | 127.73% | +15.74 pp | $1.28B | +14% |
| Q2 2025 | 236 | 5.2% | 111.99% | +7.84 pp | $1.12B | +7.5% |
| Q1 2025 | 249 | 0.8% | 104.15% | 25.68 pp | $1.04B | 20% |
| Q4 2024 | 251 | +0.4% | 129.83% | +6.01 pp | $1.30B | +4.9% |
| Q3 2024 | 250 | +4.2% | 123.82% | 7.69 pp | $1.24B | 5.9% |
| Q2 2024 | 240 | β | 131.51% | β | $1.31B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying USPH stock.
Based on Q1 2026 13F filings, institutional ownership of U.S. Physical Therapy, Inc. stands at 109.7%, held across 223 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of USPH, with approximately 2,208,511 shares worth $0.17B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of USPH, including Point72 Asset Management, L.P..
Our composite Smart Money Score for USPH is 35 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
29 institutions opened new positions in USPH during Q1 2026, while 30 fully exited. 59 added to existing positions and 133 trimmed.
USPH institutional ownership fell by 6.94 percentage points quarter-over-quarter, with a net change of -1 holders.
The top 10 institutions account for 57.0% of all reported 13F value in USPH, and the top 25 account for 79.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
U.S. Physical Therapy, Inc. (USPH) Institutional Ownership