Who owns USPH (USPH)
Which tracked institutional funds hold USPH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See USPH company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
28 tracked funds added or opened USPH while 43 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
USPH’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes USPH more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in USPH divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 228 tracked filers holding USPH, 112 increased or opened the position and 105 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in USPH between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 9
- VANGUARD CAPITAL MANAGEMENT LLC$50M
- VANGUARD PORTFOLIO MANAGEMENT LLC$23M
- VANGUARD FIDUCIARY TRUST CO$8M
- Man Group plc$3M
- ExodusPoint Capital Management, LP$3M
- Qube Research & Technologies Ltd$2M
Full exits 5
- VANGUARD GROUP INC$75M
- Woodline Partners LP$7M
- QSV Equity Investors LLC$766K
- COMERICA BANK$573K
- TWO SIGMA ADVISERS, LP$523K
Largest adds
- BAHL & GAYNOR INC$12M
- TWO SIGMA INVESTMENTS, LP$6M
- UBS Group AG$5M
- AMERICAN CENTURY COMPANIES INC$4M
- BANK OF AMERICA CORP /DE/$3M
- ROYAL BANK OF CANADA$1M
Largest trims
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$15M
- Point72 Asset Management, L.P.$12M
- SCHRODER INVESTMENT MANAGEMENT GROUP$10M
- BlackRock, Inc.$6M
- Boston Trust Walden Corp$5M
- SOUTHERNSUN ASSET MANAGEMENT, LLC$4M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 2,208,511 | $166M | 12.7% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 1,065,856 | $80M | 6.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,002,468 | $75M | 5.7% | 2026-Q1 |
| BAHL & GAYNOR INC added | 845,388 | $63M | 4.8% | 2026-Q1 |
| Copeland Capital Management, LLC added | 836,831 | $63M | 4.8% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 664,062 | $50M | 3.8% | 2026-Q1 |
| STATE STREET CORP trimmed | 648,387 | $49M | 3.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 554,621 | $42M | 3.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 507,394 | $38M | 2.9% | 2026-Q1 |
| SOUTHERNSUN ASSET MANAGEMENT, LLC trimmed | 439,904 | $33M | 2.5% | 2026-Q1 |
| Boston Trust Walden Corp trimmed | 400,109 | $30M | 2.3% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added | 377,863 | $28M | 2.2% | 2026-Q1 |
| GW&K Investment Management, LLC added | 368,678 | $28M | 2.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 365,955 | $27M | 2.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 336,447 | $25M | 1.9% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 312,309 | $23M | 1.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 273,109 | $20M | 1.6% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 256,515 | $19M | 1.5% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 241,402 | $18M | 1.4% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 210,928 | $16M | 1.2% | 2026-Q1 |
| CRAWFORD INVESTMENT COUNSEL INC added | 151,877 | $11M | 0.9% | 2026-Q1 |
| FMR LLC added | 147,614 | $11M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 146,968 | $11M | 0.8% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 134,140 | $10M | 0.8% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 133,777 | $10M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 131,676 | $10M | 0.8% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 126,168 | $9M | 0.7% | 2026-Q1 |
| SEI INVESTMENTS CO added | 118,323 | $9M | 0.7% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 109,499 | $8M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 103,870 | $8M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 103,708 | $8M | 0.6% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 102,567 | $8M | 0.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 101,041 | $8M | 0.6% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 96,995 | $7M | 0.6% | 2026-Q1 |
| Alpine Peaks Capital, LP added | 95,024 | $7M | 0.5% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 93,145 | $7M | 0.5% | 2026-Q1 |
| UBS Group AG added | 84,719 | $6M | 0.5% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 76,956 | $6M | 0.4% | 2026-Q1 |
| RBF Capital, LLC | 69,999 | $5M | 0.4% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 68,870 | $5M | 0.4% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 67,947 | $5M | 0.4% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 65,373 | $5M | 0.4% | 2026-Q1 |
| Invesco Ltd. added | 64,610 | $5M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 56,570 | $4M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board added | 54,407 | $4M | 0.3% | 2026-Q1 |
| Bridge City Capital, LLC added | 53,161 | $4M | 0.3% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 47,271 | $4M | 0.3% | 2026-Q1 |
| CenterBook Partners LP added | 46,334 | $3M | 0.3% | 2026-Q1 |
| Man Group plc added | 46,295 | $3M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 45,434 | $3M | 0.3% | 2026-Q1 |
| Sovereign's Capital Management, LLC trimmed | 45,074 | $3M | 0.3% | 2026-Q1 |
| BARD ASSOCIATES INC trimmed | 42,950 | $3M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 42,663 | $3M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 42,549 | $3M | 0.2% | 2026-Q1 |
| Hodges Capital Management Inc. added | 37,446 | $3M | 0.2% | 2026-Q1 |
| JOHNSON INVESTMENT COUNSEL INC added | 34,582 | $3M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 34,130 | $3M | 0.2% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 34,077 | $3M | 0.2% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC added | 31,550 | $2M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 30,267 | $2M | 0.2% | 2026-Q1 |
| Swiss National Bank | 30,000 | $2M | 0.2% | 2026-Q1 |
| PENN DAVIS MCFARLAND INC trimmed | 29,713 | $2M | 0.2% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO added | 28,246 | $2M | 0.2% | 2026-Q1 |
| Callan Family Office, LLC added | 25,606 | $2M | 0.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 25,562 | $2M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 25,332 | $2M | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 24,658 | $2M | 0.1% | 2026-Q1 |
| OPPENHEIMER ASSET MANAGEMENT INC. added | 24,108 | $2M | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 24,068 | $2M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 19,687 | $1M | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 19,414 | $1M | 0.1% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 19,376 | $1M | 0.1% | 2026-Q1 |
| CAMBIAR INVESTORS LLC trimmed | 18,621 | $1M | 0.1% | 2026-Q1 |
| CHATHAM CAPITAL GROUP, INC. trimmed | 18,374 | $1M | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 18,335 | $1M | 0.1% | 2026-Q1 |
| Daiwa Securities Group Inc. trimmed | 18,146 | $1M | 0.1% | 2026-Q1 |
| RICE HALL JAMES & ASSOCIATES, LLC trimmed | 17,905 | $1M | 0.1% | 2026-Q1 |
| XTX Topco Ltd added | 17,839 | $1M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 17,788 | $1M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 16,595 | $1M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 15,856 | $1M | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 15,699 | $1M | 0.1% | 2026-Q1 |
| Conestoga Capital Advisors, LLC | 15,275 | $1M | 0.1% | 2026-Q1 |
| LPL Financial LLC added | 15,127 | $1M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 964,880 | $75M | 5.8% | 2025-Q4 stale |
| RIVERBRIDGE PARTNERS LLC trimmed | 283,261 | $20M | 1.6% | 2025-Q1 stale |
| 4D Advisors, LLC added | 110,000 | $9M | 0.7% | 2025-Q3 stale |
| FRED ALGER MANAGEMENT, LLC trimmed | 117,129 | $9M | 0.7% | 2025-Q2 stale |
| Woodline Partners LP added | 93,805 | $7M | 0.6% | 2025-Q4 stale |
| ZACKS INVESTMENT MANAGEMENT trimmed | 42,978 | $3M | 0.3% | 2025-Q2 stale |
| ADAGE CAPITAL PARTNERS GP, L.L.C. new | 32,000 | $3M | 0.2% | 2025-Q3 stale |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 29,798 | $2M | 0.2% | 2025-Q1 stale |
| State of New Jersey Common Pension Fund D added | 25,181 | $2M | 0.2% | 2025-Q3 stale |
| NATIXIS ADVISORS, LLC added | 23,323 | $2M | 0.2% | 2025-Q3 stale |
| Engineers Gate Manager LP added | 20,594 | $2M | 0.1% | 2025-Q3 stale |
| DARK FOREST CAPITAL MANAGEMENT LP trimmed | 19,346 | $2M | 0.1% | 2025-Q3 stale |
| NORGES BANK trimmed | 18,609 | $2M | 0.1% | 2025-Q3 stale |
| TEACHER RETIREMENT SYSTEM OF TEXAS trimmed | 16,376 | $1M | 0.1% | 2025-Q3 stale |
| EULAV Asset Management trimmed | 19,100 | $1M | 0.1% | 2025-Q1 stale |
| HRT FINANCIAL LP added | 14,615 | $1M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.