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

SecurityUSPH / U.S. Physical Therapy, Inc.
InstitutionSei Investments Co
Latest Disclosed Ownership107,644 shares
Latest Disclosed Value $ 8,406,217
Sei Investments Co reports 3.03% increase in ownership of USPH / U.S. Physical Therapy, Inc.

On February 13, 2026 - Sei Investments Co filed a 13F-HR form disclosing ownership of 107,644 shares of U.S. Physical Therapy, Inc. (US:USPH) valued at $8,405,920 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 104,475 shares of U.S. Physical Therapy, Inc.. This represents a change in shares of 3.03% during the quarter. The current value of the position is $6,659,934 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)
2026-02-13 2025-12-31 13F U S PHYSICAL THERAPY COM 90337L108 107,644 3,169 3.03 8,406 -5.25 0.0083
2025-11-13 2025-09-30 13F U S PHYSICAL THERAPY COM 90337L108 104,475 246 0.24 8,872 8.86 0.0095
2025-08-14 2025-06-30 13F U S PHYSICAL THERAPY COM 90337L108 104,229 27,271 35.44 8,150 46.37 0.0094
2025-05-14 2025-03-31 13F/A-1 U S PHYSICAL THERAPY COM 90337L108 76,958 7,283 10.45 5,569 -9.92 0.0072
2025-05-13 2025-03-31 13F U S PHYSICAL THERAPY COM 90337L108 72,109 2,434 5,948 0.0065
2025-02-11 2024-12-31 13F U S PHYSICAL THERAPY COM 90337L108 69,675 -11,762 -14.44 6,181 -10.32 0.0079
2024-11-12 2024-09-30 13F U S PHYSICAL THERAPY COM 90337L108 81,437 1,671 2.09 6,892 -6.50 0.0090
2024-08-13 2024-06-30 13F U S PHYSICAL THERAPY COM 90337L108 79,766 445 0.56 7,372 -17.66 0.0104
2024-05-07 2024-03-31 13F U S PHYSICAL THERAPY COM 90337L108 79,321 3,982 5.29 8,953 27.58 0.0131
2024-02-14 2023-12-31 13F U S PHYSICAL THERAPY COM 90337L108 75,339 981 1.32 7,017 2.87 0.0113
2023-11-14 2023-09-30 13F U S PHYSICAL THERAPY COM 90337L108 74,358 9,248 14.20 6,822 -13.69 0.0123
2023-08-11 2023-06-30 13F U S PHYSICAL THERAPY COM 90337L108 65,110 3,133 5.06 7,904 30.26 0.0138
2023-05-12 2023-03-31 13F U S PHYSICAL THERAPY COM 90337L108 61,977 2,443 4.10 6,068 25.79 0.0113
2023-02-10 2022-12-31 13F U S PHYSICAL THERAPY COM 90337L108 59,534 21,744 57.54 4,824 67.87 0.0107
2022-11-14 2022-09-30 13F U S PHYSICAL THERAPY COM 90337L108 37,790 9,350 32.88 2,873 -6.33 0.0064
2022-08-15 2022-06-30 13F U S PHYSICAL THERAPY COM 90337L108 28,440 2,400 9.22 3,067 19.85 0.0066
2022-05-13 2022-03-31 13F U S PHYSICAL THERAPY COM 90337L108 26,040 2,613 11.15 2,559 17.22 0.0051
2022-02-14 2021-12-31 13F U S PHYSICAL THERAPY COM 90337L108 23,427 -520 -2.17 2,183 -16.26 0.0041
2021-11-12 2021-09-30 13F U S PHYSICAL THERAPY COM 90337L108 23,947 666 2.86 2,607 -2.25 0.0055
2021-08-06 2021-06-30 13F U S PHYSICAL THERAPY COM 90337L108 23,281 4,296 22.63 2,667 35.31 0.0059
2021-05-12 2021-03-31 13F U S PHYSICAL THERAPY COM 90337L108 18,985 1,441 8.21 1,971 -5.06 0.0050
2021-02-08 2020-12-31 13F U S PHYSICAL THERAPY COM 90337L108 17,544 -11,276 -39.13 2,076 -15.75 0.0054
2020-12-04 2020-09-30 13F/A-1 U S PHYSICAL THERAPY COM 90337L108 28,820 -839 -2.83 2,464 5.52 0.0071
2020-11-06 2020-09-30 13F U S PHYSICAL THERAPY COM 90337L108 29,600 -59 2,532 6,096.4930
2020-08-17 2020-06-30 13F/A-1 U S PHYSICAL THERAPY COM 90337L108 29,659 17,283 139.65 2,335 194.08 0.0072
2020-05-14 2020-03-31 13F U S PHYSICAL THERAPY COM 90337L108 12,376 6,521 111.37 794 22.34 0.0029
2020-02-06 2019-12-31 13F U S PHYSICAL THERAPY COM 90337L108 5,855 -806 -12.10 649 -29.76 0.0019
2019-11-12 2019-09-30 13F U S PHYSICAL THERAPY COM 90337L108 6,661 -534 -7.42 924 6.70 0.0024
2019-08-14 2019-06-30 13F U S PHYSICAL THERAPY COM 90337L108 7,195 -912 -11.25 866 0.12 0.0028
2019-05-15 2019-03-31 13F U S PHYSICAL THERAPY COM 90337L108 8,107 3,663 82.43 865 77.62 0.0029
2019-02-13 2018-12-31 13F U S PHYSICAL THERAPY COM 90337L108 4,444 2,133 92.30 487 70.88 0.0017
2018-11-08 2018-09-30 13F U S PHYSICAL THERAPY COM 90337L108 2,311 -1,964 -45.94 285 -30.66 0.0010
2018-08-03 2018-06-30 13F U S PHYSICAL THERAPY COM 90337L108 4,275 341 8.67 411 28.04 0.0014
2018-05-11 2018-03-31 13F U S PHYSICAL THERAPY COM 90337L108 3,934 485 14.06 321 28.92 0.0012
2018-02-08 2017-12-31 13F U S PHYSICAL THERAPY COM 90337L108 3,449 201 6.19 249 24.50 0.0009
2017-11-06 2017-09-30 13F U S PHYSICAL THERAPY COM 90337L108 3,248 672 26.09 200 29.03 0.0007
2017-07-31 2017-06-30 13F U S PHYSICAL THERAPY COM 90337L108 2,576 622 31.83 155 21.09 0.0006
2017-05-05 2017-03-31 13F U S PHYSICAL THERAPY COM 90337L108 1,954 162 9.04 128 2.40 0.0006
2017-02-02 2016-12-31 13F U S PHYSICAL THERAPY COM 90337L108 1,792 91 5.35 125 17.92 0.0006
2016-11-04 2016-09-30 13F U S PHYSICAL THERAPY COM 90337L108 1,701 911 115.32 106 120.83 0.0005
2016-08-11 2016-06-30 13F U S PHYSICAL THERAPY COM 90337L108 790 790 48 0.0003
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.