U.S. Physical Therapy, Inc.
US ˙ NYSE ˙ US90337L1089

SecurityUSPH / U.S. Physical Therapy, Inc.
InstitutionRBF Capital, LLC
Latest Disclosed Ownership69,999 shares
Latest Disclosed Value $ 5,247,125
RBF Capital, LLC ownership in USPH / U.S. Physical Therapy, Inc.

On May 18, 2026 - RBF Capital, LLC filed a 13F-HR/A form disclosing ownership of 69,999 shares of U.S. Physical Therapy, Inc. (US:USPH) valued at $5,247,125 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 17, 2026 disclosing 69,999 shares of U.S. Physical Therapy, Inc.. This represents a change in shares of 0.00% during the quarter. The current value of the position is $4,330,838 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-18 2026-03-31 13F/A-1 U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,247 -4.01 0.2565
2026-05-14 2026-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 5,247 0.2745
2026-02-17 2025-12-31 13F/A-1 U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,466 -8.07 0.2426
2026-02-17 2025-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 5,466 0.2426
2025-11-14 2025-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,946 8.64 0.2652
2025-08-14 2025-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,474 8.06 0.2604
2025-05-15 2025-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,065 -18.42 0.3041
2025-02-14 2024-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,210 4.81 0.3213
2024-11-14 2024-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,924 -8.42 0.2969
2024-08-14 2024-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,469 -18.11 0.3718
2024-05-15 2024-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 7,901 21.18 0.4415
2024-02-14 2023-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,520 1.53 0.3943
2023-11-14 2023-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,421 -24.43 0.4219
2023-08-14 2023-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 8,497 23.99 0.5296
2023-05-16 2023-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,854 20.82 0.4978
2023-02-14 2022-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,672 6.60 0.4262
2022-11-14 2022-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,321 -30.39 0.4483
2022-08-15 2022-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 7,644 11.57 0.5317
2022-05-16 2022-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,851 2.44 0.4380
2022-02-14 2021-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,688 -13.61 0.4117
2021-11-15 2021-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 7,742 -4.55 0.4319
2021-08-16 2021-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 8,111 11.31 0.4534
2021-05-17 2021-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 7,287 -13.43 0.4545
2021-03-02 2020-12-31 13F/A-1 U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 8,417 38.39 0.6438
2021-02-11 2020-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 8,417 730,119.4891
2020-11-16 2020-09-30 13F/A-1 U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,082 7.25 0.6133
2020-11-16 2020-09-30 13F U S PHYSICAL THERAPY COM 90337L108 7,000 973
2020-08-14 2020-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,671 17.41 0.6115
2020-05-18 2020-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 4,830 -39.66 0.6321
2020-02-13 2019-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 8,004 -12.41 0.7647
2019-11-13 2019-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 9,138 6.50 1.0241
2019-08-13 2019-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 8,580 16.70 0.8632
2019-05-15 2019-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 7,352 2.62 0.8631
2019-02-14 2018-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 7,164 -13.71 0.9351
2018-11-14 2018-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 8,302 23.54 0.9003
2018-08-14 2018-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 6,720 18.08 0.7898
2018-05-15 2018-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,691 12.60 0.6784
2018-02-14 2017-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 5,054 17.51 0.5577
2017-11-14 2017-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 4,301 1.73 0.5440
2017-08-14 2017-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 4,228 -7.50 0.5545
2017-05-15 2017-03-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 4,571 -6.98 0.6259
2017-02-14 2016-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 4,914 11.96 0.7005
2016-11-14 2016-09-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 4,389 4.13 0.7516
2016-08-15 2016-06-30 13F U S PHYSICAL THERAPY COM 90337L108 69,999 0 0.00 4,215 21.09 0.8376
2016-05-16 2016-03-31 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 3,481 -7.37 0.6666
2016-02-16 2015-12-31 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 3,758 19.61 0.7067
2015-11-16 2015-09-30 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 3,142 -18.03 0.6545
2015-08-14 2015-06-30 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 3,833 15.28 0.7241
2015-05-14 2015-03-31 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 3,325 13.21 0.6750
2015-02-13 2014-12-31 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 2,937 18.57 0.6083
2014-11-14 2014-09-30 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 2,477 3.51 0.5676
2014-08-14 2014-06-30 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 2,393 -1.12 0.5753
2014-05-13 2014-03-31 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 2,420 -1.94 0.5906
2014-02-14 2013-12-31 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 2,468 13.42 0.5837
2013-11-14 2013-09-30 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 0 0.00 2,176 12.45 0.5780
2013-08-14 2013-06-30 13F U.S. PHYSICAL THERAPY, INC. CMN Common Stock 90337L108 69,999 69,999 1,935 0.5498
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.