Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

U S Physical Therapy (USPH)

215 + Investors. Track Smart Money conviction in USPH. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -10
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — USPH

Based on 217 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their USPH positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 86% of 3.0Y peak

86% of all-time peak
217 funds currently hold this stock — 86% of the 3.0-year high of 251 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 8% fewer funds vs a year ago

fund count last 6Q
20 fewer hedge funds hold USPH compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

103 buying131 selling
Last quarter: 131 funds reduced or exited vs 103 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~32 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 39 → 19 → 27 → 32. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 16% medium ■ 15% new
150 out of 217 hedge funds have held USPH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~32 new funds/quarter

25 → 39 → 19 → 27 → 32 new funds/Q
New funds entering each quarter: 39 → 19 → 27 → 32. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 72% veterans vs 19% newcomers

■ 72% veterans ■ 9% 1-2yr ■ 19% new
Entry-cohort mix of 218 holders: 156 (72%) are 2+ year veterans, 20 entered 1–2 years ago, and 42 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
47 of 215 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in USPH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — USPH

In 2026 Q2, 103 hedge funds were net buyers of USPH (32 opened a new position, 71 added to an existing one), while 131 reduced or exited (89 trimmed, 42 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 56% of total institutional value in USPH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -10 funds (more exits than new entries). Total institutional holders: 217.

Hedge Fund Ownership: USPH

How many hedge funds hold USPH — quarterly history vs. share price
Quarterly hedge fund ownership of USPH vs. share price

Market Analysis: USPH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: USPH

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: USPH
215 + Investors

Track Smart Money conviction in USPH. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 215 227 -5.29%
13F Shares 16M 16M 1.26%
Total Value $1.08B $1.16B -7.09%
New Positions 32 27 +5
Increased Positions 70 83 -13
Closed Positions 42 26 +16
Reduced Positions 88 74 +14
Total Calls 0 2 -100.0%
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.0 0.5 Bullish

Statistics: USPH

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Institutional Holders (2026 Q2)

215 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in USPH. Verified SEC 13F-HR filings.

QUARTER:
Top 25 USPH holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Alpine Peaks Capital, LP 6.15% 76,487 $5.3M
2 Southernsun Asset Management, LLC 4.88% 527,765 $36.2M
3 Sovereign's Capital Management, LLC 2.04% 44,514 $3.1M
4 Copeland Capital Management, LLC 1.19% 841,544 $57.8M
5 Bridge City Capital, LLC 1.06% 67,890 $4.7M
6 Bard Associates Inc 0.65% 42,368 $2.9M
7 Martin Capital Advisors, LLP 0.42% 11,599 $797K
8 CenterBook Partners LP 0.33% 96,895 $6.7M
9 Bahl & Gaynor LLC 0.27% 861,574 $59.2M
10 City Center Advisors, LLC 0.23% 4,117 $283K
11 Crawford Investment Counsel Inc 0.20% 179,078 $12.3M
12 RBF Capital, LLC 0.20% 69,999 $4.8M
13 Boston Trust Walden Corp 0.20% 381,125 $26.2M
14 EntryPoint Capital, LLC 0.18% 2,898 $268K
15 Penn Davis Mcfarland Inc 0.18% 29,713 $2.0M
16 Kayne Anderson Rudnick Investment Management LLC 0.18% 846,674 $58.1M
17 Kennedy Capital Management LLC 0.17% 141,098 $9.7M
18 Chatham Capital Group, INC. 0.16% 18,163 $1.2M
19 CWC Advisors, LLC. 0.13% 4,195 $288K
20 True North Advisors, LLC 0.11% 16,071 $1.1M
21 Legacy Wealth Asset Management, LLC 0.10% 6,697 $460K
22 William Blair Investment Management, LLC 0.09% 436,996 $30.0M
23 Ridgewood Investments LLC 0.08% 3,040 $209K
24 Rice Hall James & Associates, LLC 0.06% 18,628 $1.3M
25 Lanark Financial, INC. 0.06% 12,901 $886K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — U S Physical Therapy (USPH)

What does the Smart Money Trend signal show for USPH?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their USPH positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for USPH?

More sellers than buyers — 44% buying: Last quarter: 131 funds reduced or exited vs 103 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for USPH holders?

Elite ownership — 56% AUM from top-100 funds: 47 of 215 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in USPH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held USPH?

69% of holders stayed for 2+ years: 150 out of 217 hedge funds have held USPH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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