MANHATTAN ASSOCIATES INC MANH
COM · Common Stock · CUSIP 562750109 · ISIN US5627501092
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($83.7m this quarter). Holder counts are more reliable. Shares outstanding: 60.5m as of 2025-07-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $197.49. Options: 12 managers hold calls ($22.0m notional), 13 hold puts ($28.4m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 385 |
| Q4 2022 | 394 |
| Q1 2023 | 409 |
| Q2 2023 | 465 |
| Q3 2023 | 498 |
| Q4 2023 | 559 |
| Q1 2024 | 592 |
| Q2 2024 | 585 |
| Q3 2024 | 623 |
| Q4 2024 | 671 |
| Q1 2025 | 610 |
| Q2 2025 | 592 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 237 | 232 |
| Q4 2023 | 286 | 230 |
| Q1 2024 | 310 | 254 |
| Q2 2024 | 288 | 293 |
| Q3 2024 | 312 | 255 |
| Q4 2024 | 290 | 290 |
| Q1 2025 | 314 | 355 |
| Q2 2025 | 314 | 319 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $48.6m | $35.7m | 0.73 |
| Q4 2024 | $20.7m | $9.1m | 0.44 |
| Q1 2025 | $18.3m | $32.7m | 1.79 |
| Q2 2025 | $22.0m | $28.4m | 1.29 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +1.2m |
| T. Rowe Price Investment Management, Inc. | Added | +1.1m |
| ROYAL BANK OF CANADA | Added | +687.1k |
| MORGAN STANLEY | Added | +428.2k |
| CITADEL ADVISORS LLC | Added | +359.6k |
| FMR LLC | Added | +329.2k |
| Fundsmith LLP | New | +288.3k |
| Qube Research & Technologies Ltd | New | +249.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +248.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +218.7k |
Biggest sellers
| BlackRock, Inc. | Reduced | -1.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -414.9k |
| AustralianSuper Pty Ltd | Sold out | -371.5k |
| STATE STREET CORP | Reduced | -344.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -291.7k |
| Baird Financial Group, Inc. | Reduced | -203.5k |
| DEUTSCHE BANK AG\ | Reduced | -175.3k |
| Aware Super Pty Ltd as trustee of Aware Super | Reduced | -158.9k |
| FRANKLIN RESOURCES INC | Reduced | -156.6k |
| Invesco Ltd. | Reduced | -155.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $7.4m37.6k shares |
| Cubist Systematic Strategies, LLC | Added | $4.7m24.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.3m22.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $2.7m13.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $809.0k4.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $591.8k3.0k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $513.4k2.6k shares |
| JANE STREET GROUP, LLC | Reduced | $375.2k1.9k shares |
| Walleye Capital LLC | New | $217.2k1.1k shares |
| GROUP ONE TRADING LLC | Added | $177.7k900 shares |
Biggest puts
| Twin Tree Management, LP | Reduced | $7.8m39.3k shares |
| Cubist Systematic Strategies, LLC | Reduced | $5.9m29.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.9m29.7k shares |
| BANK OF AMERICA CORP /DE/ | New | $2.7m13.8k shares |
| PEAK6 LLC | New | $2.4m12.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m9.8k shares |
| JANE STREET GROUP, LLC | Reduced | $434.4k2.2k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $414.7k2.1k shares |
| Walleye Trading LLC | New | $414.7k2.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $355.1k1.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.9 pts · filed 2025-07-17 | 10.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.5% |
| FMR LLC 13G · institution +1.0 pts · filed 2026-08-06 | 6.1% |
| T. Rowe Price Investment Management, Inc. 13G · institution new · filed 2026-05-15 | 5.9% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-05-14 | 5.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: ALLIANCEBERNSTEIN L.P. (3.9%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 3 | $3.8m | — |
| Q4 2023 | 0 | — | 3 | $3.9m | — |
| Q1 2024 | 0 | — | 3 | $17.1m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 2 | $2.6m | — |
| Q4 2024 | 0 | — | 3 | $3.0m | — |
| Q1 2025 | 0 | — | 1 | $476.3k | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 6.7m $1.3bn | Added +3.7k |
| BlackRock, Inc. 0.02% of their portfolio | 6.3m $1.2bn | Reduced -1.6m |
| ALLIANCEBERNSTEIN L.P. 0.15% of their portfolio | 2.3m $450.9m | Added +34.2k |
| MORGAN STANLEY 0.03% of their portfolio | 2.3m $445.1m | Added +428.2k |
| AQR CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 1.9m $380.7m | Added +1.2m |
| STATE STREET CORP 0.01% of their portfolio | 1.9m $366.1m | Reduced -344.1k |
| FMR LLC 0.02% of their portfolio | 1.8m $352.6m | Added +329.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.6m $312.4m | Reduced -84.7k |
| NEUBERGER BERMAN GROUP LLC 0.20% of their portfolio | 1.3m $260.1m | Reduced -32.0k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.59% of their portfolio | 1.3m $247.3m | Reduced -20.1k |
| T. Rowe Price Investment Management, Inc. 0.16% of their portfolio | 1.2m $246.4m | Added +1.1m |
| Swedbank AB 0.27% of their portfolio | 1.2m $237.0m | First filing |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.2m $229.2m | Added +687.1k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 1.1m $210.2m | Reduced -156.6k |
| VAN ECK ASSOCIATES CORP 0.22% of their portfolio | 991.5k $195.8m | Reduced -89.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.48% of their portfolio | 908.3k $179.4m | Reduced -291.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.43% of their portfolio | 896.2k $177.0m | Reduced -40.7k |
| Invesco Ltd. 0.03% of their portfolio | 858.1k $169.4m | Reduced -155.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.66% of their portfolio | 854.9k $168.8m | Added +248.9k |
| NORGES BANK 0.02% of their portfolio | 823.1k $162.5m | Added +85.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 685.5k $135.4m | Reduced -414.9k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 655.2k $129.4m | Reduced -154.7k |
| BROWN CAPITAL MANAGEMENT LLC 3.72% of their portfolio | 648.2k $128.0m | Reduced -29.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio | 637.4k $125.9m | Added +33.6k |
| DF DENT & CO INC 1.51% of their portfolio | 604.5k $119.4m | Added +77.7k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 567.3k $112.0m | Added +67.3k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 549.4k $108.5m | Reduced -32.5k |
| BESSEMER GROUP INC 0.18% of their portfolio | 548.8k $108.4m | Reduced -4.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 526.1k $103.9m | Reduced -65.7k |
| TD Asset Management Inc 0.08% of their portfolio | 489.4k $96.6m | Added +136.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 480.2k $94.8m | Added +76.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 467.8k $92.4m | Added +60.1k |
| Stephens Investment Management Group LLC 1.19% of their portfolio | 457.9k $90.4m | Added +10.7k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 456.4k $90.1m | Added +359.6k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 454.9k $89.8m | Added +218.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 437.9k $86.5m | Added +8.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 412.4k $81.4m | Reduced -37.2k |
| LAZARD ASSET MANAGEMENT LLC 0.11% of their portfolio | 401.2k $79.2m | Added +25.5k |
| Caisse de depot et placement du Quebec 0.16% of their portfolio | 386.1k $76.2m | Added +96.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 379.2k $74.9m | Reduced -2.0k |
| AMERICAN CAPITAL MANAGEMENT INC 3.08% of their portfolio | 375.5k $74.2m | Reduced -54.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 363.2k $71.7m | Added +7.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 353.6k $69.8m | Reduced -115.6k |
| RGM Capital, LLC 2.77% of their portfolio | 346.2k $68.4m | Reduced -120.6k |
| Squarepoint Ops LLC 0.14% of their portfolio | 322.5k $63.7m | Added +137.9k |
| Epoch Investment Partners, Inc. 0.33% of their portfolio | 318.5k $62.9m | Added +44.1k |
| Premier Fund Managers Ltd 2.17% of their portfolio | 301.3k $59.5m | Added +1.2k |
| GW&K Investment Management, LLC 0.53% of their portfolio | 298.5k $58.9m | Reduced -99.4k |
| Fundsmith LLP 0.25% of their portfolio | 288.3k $56.9m | New |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 279.4k $55.2m | Added +82.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 275.5k $54.4m | Reduced -550 |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.26% of their portfolio | 260.8k $51.5m | Added +62.5k |
| M&G PLC 0.28% of their portfolio | 260.0k $51.2m | Reduced -68.1k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 249.2k $49.2m | New |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 237.5k $46.9m | Added +14.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 227.7k $45.0m | Unchanged |
| UBS Group AG 0.01% of their portfolio | 227.4k $44.9m | Reduced -49.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 225.8k $44.6m | Reduced -13.4k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 207.7k $41.0m | Added +205.6k |
| Skandinaviska Enskilda Banken AB (publ) 0.17% of their portfolio | 200.4k $39.6m | Reduced -147.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 195.8k $38.7m | Reduced -16.4k |
| Amundi 0.01% of their portfolio | 189.5k $37.7m | Added +34.8k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 185.0k $36.5m | Added +151.3k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 184.9k $36.5m | Reduced -15.0k |
| Legal & General Group Plc 0.01% of their portfolio | 177.4k $35.0m | Reduced -139.5k |
| Nuveen, LLC 0.01% of their portfolio | 170.8k $33.7m | Reduced -61.4k |
| Man Group plc 0.06% of their portfolio | 149.6k $29.5m | Added +83.4k |
| Local Pensions Partnership Investment Ltd 0.50% of their portfolio | 138.5k $27.4m | Unchanged |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.19% of their portfolio | 137.1k $27.1m | Reduced -146.6k |
| PANAGORA ASSET MANAGEMENT INC 0.12% of their portfolio | 136.7k $27.0m | Added +125.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 134.6k $26.6m | Reduced -12.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 130.3k $25.6m | Reduced -1.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.28% of their portfolio | 127.1k $25.1m | Added +39.7k |
| Pembroke Management, LTD 2.93% of their portfolio | 122.8k $24.2m | Added +48.5k |
| KBC Group NV 0.06% of their portfolio | 118.2k $23.3m | Reduced -7.9k |
| Swiss National Bank 0.01% of their portfolio | 115.8k $22.9m | Reduced -56.4k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 115.5k $22.8m | Added +50.5k |
| Thematics Asset Management 0.97% of their portfolio | 109.2k $21.6m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 103.4k $20.4m | Added +1.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 102.6k $20.3m | Reduced -12.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 102.3k $20.0m | Added +77.2k |
| Quantinno Capital Management LP 0.09% of their portfolio | 100.6k $19.9m | Added +30.8k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 99.9k $19.7m | Added +68.0k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 90.6k $17.9m | Added +31.9k |
| BANK OF NOVA SCOTIA 0.04% of their portfolio | 89.6k $17.7m | Added +31.4k |
| Cerity Partners LLC 0.03% of their portfolio | 89.3k $17.6m | Added +65.8k |
| IEQ CAPITAL, LLC 0.10% of their portfolio | 86.8k $17.1m | Added +68.7k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 85.3k $16.8m | Reduced -141.8k |
| HRT FINANCIAL LP 0.09% of their portfolio | 84.4k $16.7m | New |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 83.4k $16.5m | Added +81.0k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 81.4k $16.1m | Added +63.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 80.3k $15.9m | Added +7.9k |
| ALGERT GLOBAL LLC 0.32% of their portfolio | 77.3k $15.3m | Added +24.8k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 75.1k $14.8m | Reduced -28.6k |
| BLI - Banque de Luxembourg Investments 0.42% of their portfolio | 74.3k $14.7m | Added +11.8k |
| Retirement Systems of Alabama 0.05% of their portfolio | 74.2k $14.7m | Reduced -189 |
| AXA S.A. 0.04% of their portfolio | 72.8k $14.4m | Added +28.7k |
| Montanaro Asset Management Ltd 3.62% of their portfolio | 71.1k $14.0m | Added +9.1k |
| EXCHANGE TRADED CONCEPTS, LLC 0.18% of their portfolio | 70.6k $13.9m | Reduced -13.3k |
| TUDOR INVESTMENT CORP ET AL 0.11% of their portfolio | 70.5k $13.9m | New |