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

SecurityUSPH / U.S. Physical Therapy, Inc.
InstitutionCitigroup Inc
Latest Disclosed Ownership3,722 shares
Latest Disclosed Value $ 279,001
Citigroup Inc reports 12.18% increase in ownership of USPH / U.S. Physical Therapy, Inc.

On May 11, 2026 - Citigroup Inc filed a 13F-HR form disclosing ownership of 3,722 shares of U.S. Physical Therapy, Inc. (US:USPH) valued at $279,001 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 3,318 shares of U.S. Physical Therapy, Inc.. This represents a change in shares of 12.18% during the quarter. The current value of the position is $230,280 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)
2026-05-11 2026-03-31 13F U S PHYSICAL THERAPY COM 90337L108 3,722 404 12.18 279 7.72 0.0001
2026-02-13 2025-12-31 13F U S PHYSICAL THERAPY COM 90337L108 3,318 -1,129 -25.39 259 -31.30 0.0001
2025-11-10 2025-09-30 13F U S PHYSICAL THERAPY COM 90337L108 4,447 -8,907 -66.70 378 -63.89 0.0002
2025-08-11 2025-06-30 13F U S PHYSICAL THERAPY COM 90337L108 13,354 -7,877 -37.10 1,044 -32.03 0.0005
2025-05-12 2025-03-31 13F U S PHYSICAL THERAPY COM 90337L108 21,231 -305 -1.42 1,536 -19.58 0.0008
2025-02-12 2024-12-31 13F U S PHYSICAL THERAPY COM 90337L108 21,536 1,205 5.93 1,910 11.05 0.0011
2024-11-12 2024-09-30 13F U S PHYSICAL THERAPY COM 90337L108 20,331 6,300 44.90 1,721 32.72 0.0010
2024-08-12 2024-06-30 13F U S PHYSICAL THERAPY COM 90337L108 14,031 3,044 27.71 1,297 4.52 0.0008
2024-05-10 2024-03-31 13F U S PHYSICAL THERAPY COM 90337L108 10,987 1,109 11.23 1,240 34.78 0.0008
2024-02-09 2023-12-31 13F U S PHYSICAL THERAPY COM 90337L108 9,878 3,430 53.19 920 55.67 0.0006
2023-12-06 2023-09-30 13F/A-1 U S PHYSICAL THERAPY COM 90337L108 6,448 -4,727 -42.30 591 -56.42 0.0004
2023-11-09 2023-09-30 13F U S PHYSICAL THERAPY COM 90337L108 6,448 -4,727 591 0.0002
2023-08-10 2023-06-30 13F U S PHYSICAL THERAPY COM 90337L108 11,175 4,611 70.25 1,357 111.21 0.0009
2023-05-11 2023-03-31 13F U S PHYSICAL THERAPY COM 90337L108 6,564 -1,567 -19.27 643 -2.43 0.0005
2023-02-09 2022-12-31 13F U S PHYSICAL THERAPY COM 90337L108 8,131 1,675 25.94 659 34.29 0.0005
2022-11-10 2022-09-30 13F U S PHYSICAL THERAPY COM 90337L108 6,456 269 4.35 490 -27.41 0.0004
2022-08-10 2022-06-30 13F U S PHYSICAL THERAPY COM 90337L108 6,187 -5,515 -47.13 675 -42.01 0.0005
2022-05-12 2022-03-31 13F U S PHYSICAL THERAPY COM 90337L108 11,702 359 3.16 1,164 7.38 0.0007
2022-02-10 2021-12-31 13F U S PHYSICAL THERAPY COM 90337L108 11,343 2,978 35.60 1,084 17.06 0.0006
2021-11-10 2021-09-30 13F U S PHYSICAL THERAPY COM 90337L108 8,365 -1,292 -13.38 926 -17.25 0.0005
2021-08-10 2021-06-30 13F U S PHYSICAL THERAPY COM 90337L108 9,657 5,159 114.70 1,119 139.10 0.0007
2021-05-13 2021-03-31 13F U S PHYSICAL THERAPY COM 90337L108 4,498 -2,195 -32.80 468 -41.86 0.0003
2021-02-11 2020-12-31 13F U S PHYSICAL THERAPY COM 90337L108 6,693 2,190 48.63 805 105.88 0.0005
2020-11-12 2020-09-30 13F U S PHYSICAL THERAPY COM 90337L108 4,503 -5,005 -52.64 391 -49.29 0.0003
2020-08-12 2020-06-30 13F U S PHYSICAL THERAPY COM 90337L108 9,508 -4,993 -34.43 771 -22.90 0.0006
2020-05-12 2020-03-31 13F U S PHYSICAL THERAPY COM 90337L108 14,501 5,138 54.88 1,000 -6.54 0.0009
2020-02-12 2019-12-31 13F U S PHYSICAL THERAPY COM 90337L108 9,363 -5,383 -36.50 1,070 -44.42 0.0008
2019-11-08 2019-09-30 13F U S PHYSICAL THERAPY COM 90337L108 14,746 -340 -2.25 1,925 4.11 0.0015
2019-08-12 2019-06-30 13F U S PHYSICAL THERAPY COM 90337L108 15,086 572 3.94 1,849 21.25 0.0015
2019-05-13 2019-03-31 13F U S PHYSICAL THERAPY COM 90337L108 14,514 -720 -4.73 1,525 -2.18 0.0015
2019-02-12 2018-12-31 13F U S PHYSICAL THERAPY COM 90337L108 15,234 493 3.34 1,559 -10.81 0.0016
2018-11-13 2018-09-30 13F U S PHYSICAL THERAPY COM 90337L108 14,741 5,683 62.74 1,748 101.15 0.0016
2018-08-10 2018-06-30 13F U S PHYSICAL THERAPY COM 90337L108 9,058 -1,673 -15.59 869 -0.46 0.0008
2018-05-11 2018-03-31 13F U S PHYSICAL THERAPY COM 90337L108 10,731 597 5.89 873 19.26 0.0007
2018-02-12 2017-12-31 13F U S PHYSICAL THERAPY COM 90337L108 10,134 -5,501 -35.18 732 -23.83 0.0006
2017-11-13 2017-09-30 13F U S PHYSICAL THERAPY COM 90337L108 15,635 -3,614 -18.78 961 -17.37 0.0008
2017-08-11 2017-06-30 13F U S PHYSICAL THERAPY COM 90337L108 19,249 4,418 29.79 1,163 20.02 0.0010
2017-05-12 2017-03-31 13F U S PHYSICAL THERAPY COM 90337L108 14,831 -14,801 -49.95 969 -53.44 0.0009
2017-02-10 2016-12-31 13F U S PHYSICAL THERAPY COM 90337L108 29,632 14,037 90.01 2,081 113.00 0.0019
2016-11-10 2016-09-30 13F U S PHYSICAL THERAPY COM 90337L108 15,595 -2,209 -12.41 977 -8.86 0.0009
2016-08-12 2016-06-30 13F U S PHYSICAL THERAPY COM 90337L108 17,804 4,891 37.88 1,072 66.98 0.0011
2016-05-13 2016-03-31 13F U S PHYSICAL THERAPY COM 90337L108 12,913 11,600 883.47 642 817.14 0.0007
2016-02-12 2015-12-31 13F U S PHYSICAL THERAPY COM 90337L108 1,313 110 9.14 70 29.63 0.0001
2015-11-13 2015-09-30 13F U S PHYSICAL THERAPY COM 90337L108 1,203 -1,654 -57.89 54 -65.38 0.0001
2015-08-13 2015-06-30 13F U S PHYSICAL THERAPY COM 90337L108 2,857 1,576 123.03 156 155.74 0.0001
2015-05-14 2015-03-31 13F U S PHYSICAL THERAPY COM 90337L108 1,281 -1,434 -52.82 61 -46.49 0.0001
2015-02-17 2014-12-31 13F U S PHYSICAL THERAPY COM 90337L108 2,715 932 52.27 114 80.95 0.0001
2014-11-14 2014-09-30 13F U S PHYSICAL THERAPY COM 90337L108 1,783 310 21.05 63 26.00 0.0001
2014-08-14 2014-06-30 13F U S PHYSICAL THERAPY COM 90337L108 1,473 -3,596 -70.94 50 -71.26 0.0000
2014-05-15 2014-03-31 13F U S PHYSICAL THERAPY COM 90337L108 5,069 420 9.03 174 6.10 0.0002
2014-02-14 2013-12-31 13F U S PHYSICAL THERAPY COM 90337L108 4,649 3,919 536.85 164 645.45 0.0001
2013-11-14 2013-09-30 13F U S PHYSICAL THERAPY COM 90337L108 730 -65 -8.18 22 0.00 0.0000
2013-08-14 2013-06-30 13F U S PHYSICAL THERAPY COM 90337L108 795 795 22 0.0000
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.