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 ($49.9m this quarter). Holder counts are more reliable. Shares outstanding: 60.3m as of 2025-10-21, 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 ≈ $205.00. Options: 9 managers hold calls ($13.5m notional), 8 hold puts ($25.9m).
Trends to Q3 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 |
| Q3 2025 | 618 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q3 2025 | 302 | 267 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $20.7m | $9.1m | 0.44 |
| Q1 2025 | $18.3m | $32.7m | 1.79 |
| Q2 2025 | $22.0m | $28.4m | 1.29 |
| Q3 2025 | $13.5m | $25.9m | 1.92 |
Biggest buyers
| FMR LLC | Added | +921.4k |
| T. Rowe Price Investment Management, Inc. | Added | +660.8k |
| ALLIANCEBERNSTEIN L.P. | Added | +518.3k |
| CITADEL ADVISORS LLC | Added | +396.0k |
| Sumitomo Mitsui Trust Group, Inc. | Added | +314.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +312.9k |
| LAZARD ASSET MANAGEMENT LLC | Added | +306.5k |
| CAPTRUST FINANCIAL ADVISORS | Added | +289.1k |
| JPMORGAN CHASE & CO | Added | +232.6k |
| MACQUARIE GROUP LTD | Added | +205.7k |
Biggest sellers
| VAN ECK ASSOCIATES CORP | Reduced | -929.5k |
| ROYAL BANK OF CANADA | Reduced | -620.2k |
| Squarepoint Ops LLC | Sold out | -322.5k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -316.1k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Reduced | -255.0k |
| Qube Research & Technologies Ltd | Sold out | -249.2k |
| BROWN CAPITAL MANAGEMENT LLC | Reduced | -228.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -197.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -194.0k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -192.9k |
Biggest calls
| Cubist Systematic Strategies, LLC | Reduced | $3.8m18.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.8m18.3k shares |
| CITADEL ADVISORS LLC | Reduced | $2.9m14.3k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $1.8m8.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $560.7k2.7k shares |
| Walleye Trading LLC | Added | $328.0k1.6k shares |
| JANE STREET GROUP, LLC | Reduced | $205.0k1.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $81.0k400 shares |
| GROUP ONE TRADING LLC | Reduced | $20.5k100 shares |
Biggest puts
| Twin Tree Management, LP | Added | $12.3m60.2k shares |
| Cubist Systematic Strategies, LLC | Reduced | $4.7m23.0k shares |
| CITADEL ADVISORS LLC | Added | $3.2m15.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.1m14.9k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $1.8m8.7k shares |
| JANE STREET GROUP, LLC | Reduced | $389.5k1.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $270.0k1.3k shares |
| Walleye Trading LLC | Reduced | $82.0k400 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2025 | 0 | — | 3 | $9.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-28 | Gantt James Stewart EVP, Professional Services | Sold | $503.0k2.3k shares |
| 2025-07-29 | Capel Eddie Executive Chairman, director | Sold | $8.3m37.3k shares |
| 2025-07-29 | Hollembaek Linda T. Director | Sold | $448.4k2.0k shares |
| 2025-07-25 | Gantt James Stewart EVP, Professional Services | Sold | $506.8k2.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 6.8m $1.4bn | Added +108.4k |
| BlackRock, Inc. 0.02% of their portfolio | 6.3m $1.3bn | Reduced -68.5k |
| ALLIANCEBERNSTEIN L.P. 0.18% of their portfolio | 2.8m $574.3m | Added +518.3k |
| FMR LLC 0.03% of their portfolio | 2.7m $554.9m | Added +921.4k |
| MORGAN STANLEY 0.03% of their portfolio | 2.1m $435.7m | Reduced -128.5k |
| AQR CAPITAL MANAGEMENT LLC 0.27% of their portfolio | 2.1m $425.8m | Added +149.1k |
| T. Rowe Price Investment Management, Inc. 0.24% of their portfolio | 1.9m $391.2m | Added +660.8k |
| STATE STREET CORP 0.01% of their portfolio | 1.8m $377.9m | Reduced -10.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.7m $342.8m | Added +89.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.61% of their portfolio | 1.2m $251.3m | Reduced -26.5k |
| Swedbank AB 0.25% of their portfolio | 1.2m $246.0m | Unchanged |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 1.0m $209.0m | Reduced -45.0k |
| NEUBERGER BERMAN GROUP LLC 0.15% of their portfolio | 1.0m $205.2m | Reduced -316.1k |
| Invesco Ltd. 0.03% of their portfolio | 893.3k $183.1m | Added +35.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.47% of their portfolio | 879.3k $180.2m | Reduced -16.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.70% of their portfolio | 860.9k $176.5m | Added +6.0k |
| CITADEL ADVISORS LLC 0.14% of their portfolio | 852.4k $174.7m | Added +396.0k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.40% of their portfolio | 747.9k $153.3m | Reduced -160.4k |
| LAZARD ASSET MANAGEMENT LLC 0.20% of their portfolio | 707.7k $145.1m | Added +306.5k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 701.8k $143.8m | Added +152.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 676.0k $138.6m | Added +312.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 667.7k $136.9m | Added +314.1k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 656.3k $134.5m | Added +1.0k |
| BESSEMER GROUP INC 0.21% of their portfolio | 654.9k $134.2m | Added +106.1k |
| DF DENT & CO INC 1.55% of their portfolio | 585.5k $120.0m | Reduced -19.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 583.0k $119.5m | Added +102.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio | 542.5k $111.2m | Reduced -94.9k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 540.6k $110.8m | Reduced -620.2k |
| TD Asset Management Inc 0.09% of their portfolio | 532.6k $109.2m | Added +43.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 508.1k $104.2m | Added +232.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 491.5k $100.7m | Reduced -194.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 438.8k $90.0m | Added +868 |
| Stephens Investment Management Group LLC 1.15% of their portfolio | 434.4k $89.1m | Reduced -23.5k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 431.2k $88.4m | Reduced -94.9k |
| BROWN CAPITAL MANAGEMENT LLC 3.54% of their portfolio | 419.6k $86.0m | Reduced -228.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 414.8k $85.0m | Added +2.3k |
| MACQUARIE GROUP LTD 0.09% of their portfolio | 390.8k $80.1m | Added +205.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 369.5k $75.7m | Reduced -197.9k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 363.5k $74.5m | Reduced -91.4k |
| AMERICAN CAPITAL MANAGEMENT INC 2.95% of their portfolio | 361.3k $74.1m | Reduced -14.2k |
| RGM Capital, LLC 2.96% of their portfolio | 343.5k $70.4m | Reduced -2.7k |
| UBS Group AG 0.01% of their portfolio | 330.5k $67.7m | Added +103.1k |
| Epoch Investment Partners, Inc. 0.35% of their portfolio | 306.8k $62.9m | Reduced -11.7k |
| CAPTRUST FINANCIAL ADVISORS 0.13% of their portfolio | 303.3k $62.2m | Added +289.1k |
| Fundsmith LLP 0.30% of their portfolio | 288.3k $59.1m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 287.9k $59.0m | Reduced -179.9k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 280.4k $57.5m | Added +1.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 276.4k $56.7m | Reduced -102.8k |
| GW&K Investment Management, LLC 0.43% of their portfolio | 237.2k $48.6m | Reduced -61.3k |
| M&G PLC 0.24% of their portfolio | 220.3k $45.2m | Reduced -39.8k |
| Caisse de depot et placement du Quebec 0.08% of their portfolio | 219.1k $44.9m | Reduced -167.0k |
| Premier Fund Managers Ltd 1.80% of their portfolio | 211.3k $43.9m | Reduced -90.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 208.5k $42.7m | Reduced -29.0k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 182.3k $37.4m | Reduced -2.6k |
| PANAGORA ASSET MANAGEMENT INC 0.15% of their portfolio | 179.4k $36.8m | Added +42.8k |
| Legal & General Group Plc 0.01% of their portfolio | 167.3k $34.3m | Reduced -10.1k |
| AXA Investment Managers S.A. 0.09% of their portfolio | 164.3k $33.7m | First filing |
| Pembroke Management, LTD 3.32% of their portfolio | 163.0k $33.4m | Added +40.2k |
| Nuveen, LLC 0.01% of their portfolio | 162.3k $33.3m | Reduced -8.5k |
| Pacer Advisors, Inc. 0.08% of their portfolio | 158.4k $32.5m | Added +122.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 149.9k $30.7m | Reduced -75.9k |
| HRT FINANCIAL LP 0.14% of their portfolio | 148.2k $30.4m | Added +63.7k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 148.0k $30.3m | Reduced -59.7k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.19% of their portfolio | 143.6k $29.4m | Added +6.5k |
| Local Pensions Partnership Investment Ltd 0.48% of their portfolio | 138.5k $28.4m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 130.1k $26.7m | Reduced -4.5k |
| IEQ CAPITAL, LLC 0.08% of their portfolio | 128.1k $26.3m | Added +41.3k |
| Man Group plc 0.05% of their portfolio | 126.9k $26.0m | Reduced -22.8k |
| Quantinno Capital Management LP 0.07% of their portfolio | 121.0k $24.8m | Added +20.4k |
| Swiss National Bank 0.01% of their portfolio | 117.6k $24.1m | Added +1.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 117.1k $24.0m | Added +54.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 110.8k $22.9m | Reduced -19.5k |
| KBC Group NV 0.05% of their portfolio | 109.6k $22.5m | Reduced -8.6k |
| Thematics Asset Management 1.02% of their portfolio | 109.2k $22.4m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 108.1k $22.2m | Added +4.7k |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 105.8k $21.7m | Added +24.4k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 104.7k $21.5m | Added +14.1k |
| SEGALL BRYANT & HAMILL, LLC 0.28% of their portfolio | 101.0k $20.7m | Added +30.8k |
| Cerity Partners LLC 0.03% of their portfolio | 99.8k $20.5m | Added +10.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 93.1k $19.1m | Reduced -9.5k |
| Montanaro Asset Management Ltd 4.72% of their portfolio | 92.2k $18.9m | Added +21.1k |
| Tidal Investments LLC 0.08% of their portfolio | 91.8k $18.8m | Added +32.0k |
| ALGERT GLOBAL LLC 0.30% of their portfolio | 88.0k $18.0m | Added +10.7k |
| Gotham Asset Management, LLC 0.08% of their portfolio | 86.0k $17.6m | Added +16.9k |
| BARCLAYS PLC 0.01% of their portfolio | 84.2k $17.3m | Added +34.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 80.3k $16.5m | Reduced -22.1k |
| Skandinaviska Enskilda Banken AB (publ) 0.07% of their portfolio | 79.8k $16.4m | Reduced -120.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 77.1k $15.8m | Reduced -3.2k |
| Ensign Peak Advisors, Inc 0.03% of their portfolio | 76.9k $15.8m | Reduced -38.7k |
| Arax Advisory Partners 0.22% of their portfolio | 76.4k $15.7m | Added +72.8k |
| Retirement Systems of Alabama 0.05% of their portfolio | 73.1k $15.0m | Reduced -1.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 71.4k $14.6m | Added +1.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.14% of their portfolio | 70.5k $14.5m | Reduced -118 |
| BLI - Banque de Luxembourg Investments 0.42% of their portfolio | 69.1k $14.4m | Reduced -5.2k |
| Trexquant Investment LP 0.14% of their portfolio | 68.0k $13.9m | Added +1.1k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 61.9k $12.7m | Reduced -929.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 61.1k $12.5m | Added +123 |
| CAPITAL FUND MANAGEMENT S.A. 0.12% of their portfolio | 60.9k $12.5m | Reduced -66.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 57.4k $11.8m | Reduced -499 |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 56.9k $11.7m | Reduced -26.5k |