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

SecurityUSPH / U.S. Physical Therapy, Inc.
InstitutionUs Bancorp \de\
Latest Disclosed Ownership10,065 shares
Latest Disclosed Value $ 754,472
Us Bancorp \de\ reports 1.98% decrease in ownership of USPH / U.S. Physical Therapy, Inc.

On May 14, 2026 - Us Bancorp \de\ filed a 13F-HR form disclosing ownership of 10,065 shares of U.S. Physical Therapy, Inc. (US:USPH) valued at $754,472 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 30, 2026 disclosing 10,268 shares of U.S. Physical Therapy, Inc.. This represents a change in shares of -1.98% during the quarter. The current value of the position is $622,923 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)
2026-05-14 2026-03-31 13F U S PHYSICAL THERAPY COM 90337L108 10,065 -203 -1.98 754 -5.87 0.0003
2026-01-30 2025-12-31 13F U S PHYSICAL THERAPY COM 90337L108 10,268 1,975 23.82 802 13.78 0.0009
2025-11-12 2025-09-30 13F U S PHYSICAL THERAPY COM 90337L108 8,293 484 6.20 705 15.41 0.0008
2025-07-24 2025-06-30 13F U S PHYSICAL THERAPY COM 90337L108 7,809 -416 -5.06 611 2.52 0.0008
2025-05-08 2025-03-31 13F U S PHYSICAL THERAPY COM 90337L108 8,225 -1,316 -13.79 595 -29.67 0.0008
2025-02-05 2024-12-31 13F U S PHYSICAL THERAPY COM 90337L108 9,541 399 4.36 846 9.44 0.0011
2024-10-28 2024-09-30 13F U S PHYSICAL THERAPY COM 90337L108 9,142 -600 -6.16 774 -14.11 0.0010
2024-08-07 2024-06-30 13F U S PHYSICAL THERAPY COM 90337L108 9,742 -1,605 -14.14 900 -29.69 0.0012
2024-05-08 2024-03-31 13F U S PHYSICAL THERAPY COM 90337L108 11,347 -92 -0.80 1,281 20.19 0.0018
2024-02-09 2023-12-31 13F U S PHYSICAL THERAPY COM 90337L108 11,439 -404 -3.41 1,065 -1.93 0.0016
2023-11-03 2023-09-30 13F U S PHYSICAL THERAPY COM 90337L108 11,843 584 5.19 1,086 -20.50 0.0018
2023-08-10 2023-06-30 13F U S PHYSICAL THERAPY COM 90337L108 11,259 -6 -0.05 1,367 23.96 0.0022
2023-05-09 2023-03-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 11,265 1,081 10.61 1,103 33.58 0.0019
2023-02-13 2022-12-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 10,184 19 0.19 825 6.73 0.0015
2022-10-27 2022-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 10,165 1,947 23.69 773 -13.92 0.0016
2022-08-01 2022-06-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 8,218 -24 -0.29 898 9.65 0.0017
2022-05-11 2022-03-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 8,242 -659 -7.40 819 -3.76 0.0014
2022-02-11 2021-12-31 13F U.S. PHYSICAL THERAPY COMMON STOCK 90337L108 8,901 -740 -7.68 851 -20.17 0.0013
2021-11-10 2021-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 9,641 -180 -1.83 1,066 -6.33 0.0020
2021-08-05 2021-06-30 13F U.S. PHYSICAL THERAPY COMMON STOCK 90337L108 9,821 -649 -6.20 1,138 4.50 0.0021
2021-04-28 2021-03-31 13F U.S. PHYSICAL THERAPY COMMON STOCK 90337L108 10,470 -340 -3.15 1,089 -16.23 0.0022
2021-02-04 2020-12-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 10,810 -475 -4.21 1,300 32.65 0.0028
2020-11-10 2020-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 11,285 -34 -0.30 980 6.87 0.0024
2020-08-07 2020-06-30 13F U.S. PHYSICAL THERAPY COMMON STOCK 90337L108 11,319 736 6.95 917 25.62 0.0024
2020-05-13 2020-03-31 13F U.S. PHYSICAL THERAPY COMMON STOCK 90337L108 10,583 -513 -4.62 730 -42.47 0.0023
2020-02-04 2019-12-31 13F U.S. PHYSICAL THERAPY COMMON STOCK 90337L108 11,096 -1,033 -8.52 1,269 -19.89 0.0032
2019-11-08 2019-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 12,129 -329 -2.64 1,584 3.73 0.0043
2019-08-13 2019-06-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 12,458 -1,127 -8.30 1,527 7.01 0.0043
2019-05-08 2019-03-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 13,585 567 4.36 1,427 7.05 0.0041
2019-02-13 2018-12-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 13,018 334 2.63 1,333 -11.37 0.0043
2018-10-31 2018-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 12,684 -392 -3.00 1,504 19.84 0.0044
2018-08-08 2018-06-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 13,076 1,559 13.54 1,255 34.08 0.0038
2018-05-08 2018-03-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 11,517 83 0.73 936 13.45 0.0029
2018-02-02 2017-12-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 11,434 6,533 133.30 825 174.09 0.0025
2017-11-13 2017-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 4,901 1 0.02 301 2.03 0.0010
2017-07-19 2017-06-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 4,900 -273 -5.28 295 -12.72 0.0010
2017-05-03 2017-03-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 5,173 333 6.88 338 -0.59 0.0012
2017-02-08 2016-12-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 4,840 3,421 241.09 340 282.02 0.0012
2016-11-04 2016-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 1,419 -122 -7.92 89 -4.30 0.0003
2016-08-10 2016-06-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 1,541 -341 -18.12 93 -1.06 0.0004
2016-05-13 2016-03-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 1,882 -385 -16.98 94 -22.95 0.0004
2016-02-10 2015-12-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 2,267 -90 -3.82 122 16.19 0.0005
2015-11-16 2015-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 2,357 -255 -9.76 105 -26.57 0.0004
2015-08-10 2015-06-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 2,612 -55 -2.06 143 12.60 0.0006
2015-05-08 2015-03-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 2,667 -48 -1.77 127 10.43 0.0005
2015-02-13 2014-12-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 2,715 -176 -6.09 115 12.75 0.0004
2014-11-14 2014-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 2,891 -32 -1.09 102 2.00 0.0004
2014-08-14 2014-06-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 2,923 -80 -2.66 100 -3.85 0.0004
2014-05-14 2014-03-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 3,003 -95 -3.07 104 -4.59 0.0004
2014-02-13 2013-12-31 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 3,098 -550 -15.08 109 -4.39 0.0004
2013-11-07 2013-09-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 3,648 0 0.00 114 12.87 0.0005
2013-08-09 2013-06-30 13F U S PHYSICAL THERAPY COMMON STOCK 90337L108 3,648 3,648 101 0.0005
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.