U.S. Physical Therapy, Inc. (USPH) Ownership
USPH ownership summary
as of October 18, 2026- Institutions
- 112.0% of shares outstanding
- Insiders
- 2.55% of shares outstanding
- Shares outstanding
- 14.9M
- Float
- 14.5M shares available to trade
- Short interest
- 10.43% 1.3M shares short
- Days to cover
- 7.44 short interest up 1.2% vs prior month
- Institutions 112.04%
- Insiders 2.55%
USPH top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BlackRock Inc | 15.17% | 2.3M | $194.1M | +55,691 (+2.5%) | June 30, 2026 |
| 2 | Copeland Capital Management, LLC | 6.30% | 941K | $80.6M | +98,984 (+11.8%) | September 30, 2026 |
| 3 | Bahl & Gaynor Inc. | 5.77% | 862K | $73.8M | +16,186 (+1.9%) | June 30, 2026 |
| 4 | Kayne Anderson Rudnick Investment Management LLC | 5.67% | 847K | $72.6M | −219,182 (−20.6%) | June 30, 2026 |
| 5 | State Street Corp | 4.74% | 707K | $60.6M | +58,799 (+9.1%) | June 30, 2026 |
| 6 | Morgan Stanley - Brokerage Accounts | 4.68% | 699K | $59.9M | −303,778 (−30.3%) | June 30, 2026 |
| 7 | Vanguard Capital Management, LLC | 4.52% | 674K | $57.8M | +10,133 (+1.5%) | June 30, 2026 |
| 8 | Neuberger Berman Group LLC | 4.01% | 599K | $51.3M | +589,645 (+6,375.2%) | June 30, 2026 |
| 9 | American Century Companies Inc | 3.74% | 559K | $47.9M | +222,371 (+66.1%) | June 30, 2026 |
| 10 | SouthernSun Asset Management, LLC | 3.54% | 528K | $45.2M | +87,861 (+20.0%) | June 30, 2026 |
| 11 | Dimensional Fund Advisors, Inc. | 3.44% | 514K | $44.0M | +6,519 (+1.3%) | June 30, 2026 |
| 12 | William Blair Investment Management, LLC | 2.93% | 437K | $37.5M | +59,133 (+15.6%) | June 30, 2026 |
| 13 | Schroder Investment Management Group | 2.91% | 434K | $37.2M | +177,230 (+69.1%) | June 30, 2026 |
| 14 | Geode Capital Management, LLC | 2.58% | 386K | $33.1M | +19,771 (+5.4%) | June 30, 2026 |
| 15 | BTIM Corp | 2.55% | 381K | $32.7M | −18,984 (−4.7%) | June 30, 2026 |
| 16 | GW&K Investment Management, LLC | 2.41% | 359K | $30.8M | −9,502 (−2.6%) | June 30, 2026 |
| 17 | Vanguard Portfolio Management, LLC | 2.21% | 329K | $28.2M | +16,852 (+5.4%) | June 30, 2026 |
| 18 | Bank of America Corp | 1.89% | 282K | $24.2M | −272,429 (−49.1%) | June 30, 2026 |
| 19 | Northern Trust Corp | 1.55% | 231K | $19.8M | +20,009 (+9.5%) | June 30, 2026 |
| 20 | Crawford Investment Counsel, Inc | 1.20% | 179K | $15.3M | +27,201 (+17.9%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 15 holders added 1.5M shares and 5 cut 824K.
USPH top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | iShares Core S&P Small-Cap ETF | 5.95% | 888K | $76.1M | +228 (+0.0%) | September 30, 2026 |
| 2 | Bahl & Gaynor Sm/Md Cp Inc Gr ETF | 4.02% | 600K | $51.4M | +1,560 (+0.3%) | September 30, 2026 |
| 3 | Neuberger Genesis Inv | 3.80% | 566K | $48.5M | +218,663 (+62.9%) | September 30, 2026 |
| 4 | Vanguard MStar Total Stk Mkt Idx Invest | 3.25% | 485K | $41.5M | — | August 31, 2026 |
| 5 | American Century Small Cap Growth Inv | 2.81% | 419K | $35.9M | −5,180 (−1.2%) | September 30, 2026 |
| 6 | Virtus KAR Small-Cap Growth I | 2.64% | 394K | $33.7M | −169,473 (−30.1%) | June 30, 2026 |
| 7 | iShares Russell 2000 ETF | 2.62% | 391K | $33.5M | −4,480 (−1.1%) | September 30, 2026 |
| 8 | Fidelity Small Cap Value Fund | 2.22% | 332K | $28.4M | +331,622 (0.0%) | July 31, 2026 |
| 9 | Calvert Small-Cap A | 1.88% | 281K | $24.1M | −15,150 (−5.1%) | August 31, 2026 |
| 10 | Schroder US Smaller Companies Acc | 1.28% | 192K | $16.4M | −2,647 (−1.4%) | September 30, 2026 |
| 11 | SouthernSun Small Cap, N | 1.19% | 177K | $15.2M | +25,651 (+16.9%) | June 30, 2026 |
| 12 | Fidelity Small Cap Index | 1.11% | 166K | $14.2M | +1,303 (+0.8%) | July 31, 2026 |
| 13 | William Blair Small Cap Growth I | 1.02% | 152K | $13.0M | — | August 31, 2026 |
| 14 | Fidelity Select Health Care Svcs Port | 0.95% | 141K | $12.1M | — | August 31, 2026 |
| 15 | State Street SPDR Port S&P 600 Sm CpETF | 0.90% | 134K | $11.5M | — | September 30, 2026 |
| 16 | Boston Trust Walden Small Cap | 0.85% | 127K | $10.9M | −2,280 (−1.8%) | August 31, 2026 |
| 17 | J39 Schroder ISF US Smlr Coms Impct USD | 0.73% | 110K | $9.4M | −12,039 (−9.9%) | August 31, 2026 |
| 18 | Crawford Small Cap Dividend | 0.73% | 108K | $9.3M | — | August 31, 2026 |
| 19 | Vanguard Tax-Managed Small Cap Adm | 0.68% | 101K | $8.7M | — | September 30, 2026 |
| 20 | William Blair Small Cap Value I | 0.66% | 99K | $8.5M | +62,599 (+173.7%) | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
USPH insider transactions
latest 9| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2026-03-11 | Graham D Reeve | Sell | $78.86 | 662 | $52,205 |
| 2026-03-06 | Richard Binstein | Sell | $81.64 | 3,000 | $244,920 |
| 2025-09-11 | Nancy Ham | Sell | $81.71 | 600 | $49,026 |
| 2025-09-05 | Eric Joseph Williams | Sell | $85.25 | 1,000 | $85,250 |
| 2025-09-04 | Christopher J Reading | Sell | $83.53 | 2,000 | $167,060 |
| 2025-08-25 | Carey P Hendrickson | Sell | $86.11 | 698 | $60,105 |
| 2025-08-21 | Graham D Reeve | Sell | $84.97 | 763 | $64,832 |
| 2025-08-11 | Graham D Reeve | Sell | $86.57 | 1,792 | $155,133 |
| 2025-06-12 | Nancy Ham | Sell | $78.01 | 400 | $31,204 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
USPH shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns USPH
Institutional investors own 112.0% of U.S. Physical Therapy's shares and insiders 2.55%. The largest holder is BlackRock Inc with 15.17% of the shares (2.3M), as of June 30, 2026. Among the top 20 institutions, 15 added shares and 5 reduced their stake in the latest filings. Short interest is 10.43% of the float, or 7.44 days of average trading volume. The share count rose 23.7% since 2014.
Related: USPH analyst forecast, USPH key metrics, USPH dividend history. See the USPH stock overview for the latest quote and news.
USPH ownership FAQ
Who owns the most U.S. Physical Therapy stock?
The largest shareholders of U.S. Physical Therapy are BlackRock Inc (15.17%), Copeland Capital Management, LLC (6.30%), Bahl & Gaynor Inc. (5.77%), Kayne Anderson Rudnick Investment Management LLC (5.67%), State Street Corp (4.74%).
What percentage of U.S. Physical Therapy is owned by institutions?
Institutions hold 112.0% of U.S. Physical Therapy's shares outstanding; insiders hold 2.55%.
Which funds own U.S. Physical Therapy?
The largest fund holders of U.S. Physical Therapy are iShares Core S&P Small-Cap ETF (5.95%), Bahl & Gaynor Sm/Md Cp Inc Gr ETF (4.02%), Neuberger Genesis Inv (3.80%), Vanguard MStar Total Stk Mkt Idx Invest (3.25%), American Century Small Cap Growth Inv (2.81%).
What is U.S. Physical Therapy's short interest?
1.3M shares of U.S. Physical Therapy were sold short, 10.43% of the float; at the average daily volume it would take 7.44 days to cover.
Are insiders buying or selling U.S. Physical Therapy?
Of the latest 9 reported insider transactions in U.S. Physical Therapy (since June 12, 2025), 0 were purchases and 9 were sales.
How many shares of U.S. Physical Therapy are outstanding?
U.S. Physical Therapy has 14.9M shares outstanding, of which 14.5M are in the public float.