Ranked by reported Q2 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. | 2.3M | $155.5M | +2.5% | 14.878% | 0.00% |
| 2 | KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 847K | $58.1M | -20.6% | 5.563% | 0.18% |
| 3 | Copeland Capital Management, LLC | 842K | $57.8M | +0.6% | 5.530% | 1.19% |
| 4 | STATE STREET CORP | 707K | $48.6M | +9.1% | 4.647% | 0.00% |
| 5 | MORGAN STANLEY | 699K | $48.0M | -30.3% | 4.591% | 0.00% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 674K | $46.3M | +1.5% | 4.430% | 0.00% |
| 7 | Neuberger Berman Group LLC | 599K | $41.1M | +6375.2% | 3.935% | 0.01% |
| 8 | AMERICAN CENTURY COMPANIES INC | 559K | $38.4M | +66.1% | 3.672% | 0.02% |
| 9 | SOUTHERNSUN ASSET MANAGEMENT, LLC | 528K | $36.2M | +20.0% | 3.468% | 4.88% |
| 10 | DIMENSIONAL FUND ADVISORS LP | 514K | $35.3M | +1.3% | 3.377% | 0.01% |
| 11 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 437K | $30.0M | +15.7% | 2.871% | 0.09% |
| 12 | SCHRODER INVESTMENT MANAGEMENT GROUP | 434K | $29.9M | +69.1% | 2.850% | 0.02% |
| 13 | GEODE CAPITAL MANAGEMENT, LLC | 386K | $26.5M | +5.4% | 2.534% | 0.00% |
| 14 | Boston Trust Walden Corp | 381K | $26.2M | -4.7% | 2.504% | 0.20% |
| 15 | VANGUARD PORTFOLIO MANAGEMENT LLC | 329K | $22.6M | +5.4% | 2.163% | 0.00% |
| 16 | BANK OF AMERICA CORP /DE/ | 282K | $19.4M | -49.1% | 1.854% | 0.00% |
| 17 | NORTHERN TRUST CORP | 231K | $15.9M | +9.5% | 1.517% | 0.00% |
| 18 | ENVESTNET ASSET MANAGEMENT INC | 204K | $14.0M | -25.2% | 1.343% | 0.00% |
| 19 | CRAWFORD INVESTMENT COUNSEL INC | 179K | $12.3M | +17.9% | 1.177% | 0.20% |
| 20 | FMR LLC | 143K | $9.8M | -3.3% | 0.941% | 0.00% |
| 21 | KENNEDY CAPITAL MANAGEMENT LLC | 141K | $9.7M | +107.7% | 0.927% | 0.17% |
| 22 | ROYAL BANK OF CANADA | 140K | $9.6M | +4.7% | 0.920% | 0.00% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 137K | $9.4M | -6.7% | 0.901% | 0.00% |
| 24 | Bank of New York Mellon Corp | 132K | $9.1M | +0.5% | 0.869% | 0.00% |
| 25 | Rockefeller Capital Management L.P. | 130K | $8.9M | -3.2% | 0.853% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in USPH — a direct measure of their conviction.
Filings activity in USPH during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 216 | 5.7% | 100.80% | +0.73 pp | $1.02B | 7.6% |
| Q1 2026 | 229 | +1.8% | 100.07% | 1.32 pp | $1.11B | 5.2% |
| Q4 2025 | 225 | 6.6% | 101.39% | 0.87 pp | $1.17B | 8.6% |
| Q3 2025 | 241 | +2.1% | 102.26% | +4.12 pp | $1.28B | +14% |
| Q2 2025 | 236 | 5.2% | 98.14% | +0.10 pp | $1.12B | +7.5% |
| Q1 2025 | 249 | 0.8% | 98.04% | 2.41 pp | $1.04B | 20% |
| Q4 2024 | 251 | +0.4% | 100.45% | +0.15 pp | $1.30B | +4.9% |
| Q3 2024 | 250 | — | 100.30% | — | $1.24B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying USPH stock.
Based on Q2 2026 13F filings, institutional ownership of U.S. Physical Therapy, Inc. stands at 100.8%, held across 216 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of USPH, with approximately 2,264,202 shares worth $0.16B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of USPH.
Our composite Smart Money Score for USPH is 36 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
25 institutions opened new positions in USPH during Q2 2026, while 37 fully exited. 40 added to existing positions and 146 trimmed.
USPH institutional ownership rose by 0.73 percentage points quarter-over-quarter, with a net change of -13 holders.
The top 10 institutions account for 55.3% of all reported 13F value in USPH, and the top 25 account for 80.1%.
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