undamentalytics Newsletter

U S Physical Therapy Inc: which funds bought and sold

Institutions that bought and sold U S Physical Therapy shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 94 institutions that filed 13F reports for both quarters added to or opened positions in U S Physical Therapy, and 122 cut or closed them. Together they added a net 129K shares, +0.8% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 821K shares (+20.5%); index fund managers were net buyers of 168K shares (+3.6%). 26 opened a new position and 35 sold out entirely.

Bought, Q2 2026 94 institutions, 26 of them new holders Sold, Q2 2026 122 institutions, 35 of them sold out
Net change, all compared +129K shares (+0.8%)
Net change, active managers +821K shares (+20.5%), 19 bought, 12 sold

Buyers versus sellers

institutions compared, 246
Active managers and hedge funds 19 bought · 12 sold · +821K
Index fund managers 7 bought · 2 sold · +168K
Other institutions 68 bought · 108 sold · −860K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Neuberger Berman Group LLC Active manager +590K +6375.2% 599K $41.1M
American Century Companies Inc Active manager +222K +66.1% 559K $38.4M
Schroder Investment Management Group Active manager +177K +69.1% 434K $29.9M
Southernsun Asset Management, LLC +88K +20.0% 528K $36.2M
Kennedy Capital Management LLC Active manager +73K +107.7% 141K $9.7M
Citadel Advisors LLC Hedge fund +72K +704.4% 82K $5.6M
William Blair Investment Management, LLC Active manager +59K +15.6% 437K $30M
State Street Corp Index funds +59K +9.1% 707K $48.6M
Blackrock, Inc. Index funds +56K +2.5% 2.3M $156M
Centerbook Partners LP Hedge fund +51K +109.1% 97K $6.7M
Marshall Wace, LLP Hedge fund +43K +167.8% 68K $4.7M
Millennium Management LLC Hedge fund +34K +1227.9% 36K $2.5M
Crawford Investment Counsel Inc +27K +17.9% 179K $12.3M
Northern Trust Corp Index funds +20K +9.5% 231K $15.9M
Geode Capital Management, LLC Index funds +20K +5.4% 386K $26.5M
Balyasny Asset Management L.P. Hedge fund +18K +92.8% 37K $2.6M
Tudor Investment Corp Et Al Hedge fund +18K +422.9% 22K $1.5M
Vanguard Portfolio Management LLC Index funds +17K +5.4% 329K $22.6M
Bridge City Capital, LLC +15K +27.7% 68K $4.7M
Xtx Topco Ltd +11K +59.2% 28K $2M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Morgan Stanley −304K −30.3% 699K $48M
Bank Of America Corp −272K −49.1% 282K $19.4M
Kayne Anderson Rudnick Investment Management LLC Active manager −219K −20.6% 847K $58.1M
Point72 Asset Management, L.P. Hedge fund −208K −86.2% 33K $2.3M
Envestnet Asset Management Inc −69K −25.2% 204K $14M
First Trust Advisors LP −55K −83.9% 11K $722,857
Man Group PLC Hedge fund −46K Sold out 0 —
Jane Street Group, LLC −43K Sold out 0 —
Hodges Capital Management Inc. −37K Sold out 0 —
Exoduspoint Capital Management, LP Hedge fund −34K Sold out 0 —
Sei Investments Co −32K −27.2% 86K $5.9M
Susquehanna Portfolio Strategies, LLC −32K Sold out 0 —
Goldman Sachs Group Inc −29K −28.2% 74K $5.1M
Wellington Management Group LLP Active manager −26K −23.0% 88K $6.1M
Boston Trust Walden Corp −19K −4.7% 381K $26.2M
Cambiar Investors LLC Active manager −19K Sold out 0 —
Alpine Peaks Capital, LP −19K −19.5% 76K $5.3M
Conestoga Capital Advisors, LLC −15K Sold out 0 —
Stifel Financial Corp −15K −26.3% 42K $2.9M
Qube Research & Technologies Ltd Hedge fund −12K −49.1% 13K $861,865

New positions

largest by value
InstitutionSharesValue June 30, 2026
Freestone Grove Partners LPHedge fund 9,969 $684,671
Penn Capital Management Company, LLCActive manager 9,431 $647,721
Dark Forest Capital Management LP 7,866 $540,237
State Board Of Administration Of Florida Retirement System 5,730 $393,536
City Center Advisors, LLC 4,117 $282,756
Jump Financial, LLC 3,713 $255,009
Ridgewood Investments LLC 3,040 $208,787
Voya Investment Management LLC 2,963 $203,499
Hightower Advisors, LLC 2,937 $201,704
Brevan Howard Capital Management LPHedge fund 2,922 $200,683

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Man Group PLCHedge fund 46K $3.5M
Jane Street Group, LLC 43K $3.2M
Hodges Capital Management Inc. 37K $2.8M
Exoduspoint Capital Management, LPHedge fund 34K $2.6M
Susquehanna Portfolio Strategies, LLC 32K $2.4M
Cambiar Investors LLCActive manager 19K $1.4M
Conestoga Capital Advisors, LLC 15K $1.1M
Creative Planning 10K $751,405
Mml Investors Services, LLC 9,789 $733,747
Level Four Advisory Services, LLC 7,674 $575,287

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
214
Ten largest holders
53.7%
of 13F-reported shares
Index fund managers
31.8%
of 13F-reported shares
Active managers and hedge funds
31.4%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 19 12 3 5 +821K +20.5%
Index fund managers 7 2 0 0 +168K +3.6%
Other institutions 68 108 23 30 −860K −13.3%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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