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 ($33.0m this quarter). Holder counts are more reliable. Shares outstanding: 59.8m as of 2026-01-30, 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 ≈ $173.32. Options: 7 managers hold calls ($11.3m notional), 5 hold puts ($3.9m).
Trends to Q4 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 |
| Q4 2025 | 580 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 227 | 353 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $18.3m | $32.7m | 1.79 |
| Q2 2025 | $22.0m | $28.4m | 1.29 |
| Q3 2025 | $13.5m | $25.9m | 1.92 |
| Q4 2025 | $11.3m | $3.9m | 0.34 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +2.4m |
| ALLIANCEBERNSTEIN L.P. | Added | +355.2k |
| FMR LLC | Added | +352.2k |
| D. E. Shaw & Co., Inc. | Added | +273.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +268.7k |
| Epoch Investment Partners, Inc. | Added | +215.6k |
| Qube Research & Technologies Ltd | New | +205.2k |
| TD Asset Management Inc | Added | +198.2k |
| Balyasny Asset Management L.P. | Added | +163.9k |
| FEDERATED HERMES, INC. | Added | +160.6k |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -799.1k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -649.1k |
| MACQUARIE GROUP LTD | Reduced | -371.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -257.2k |
| JPMORGAN CHASE & CO | Reduced | -242.9k |
| BROWN CAPITAL MANAGEMENT LLC | Reduced | -232.1k |
| FRANKLIN RESOURCES INC | Reduced | -176.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -170.9k |
| HRT FINANCIAL LP | Reduced | -131.0k |
| DF DENT & CO INC | Reduced | -129.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.7m50.4k shares |
| CITADEL ADVISORS LLC | Reduced | $2.0m11.3k shares |
| JANE STREET GROUP, LLC | Added | $242.6k1.4k shares |
| Walleye Trading LLC | Reduced | $156.0k900 shares |
| Walleye Capital LLC | New | $138.6k800 shares |
| SIMPLEX TRADING, LLC | Reduced | $34.7k200 shares |
| Global Retirement Partners, LLC | New | $21.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $2.6m15.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $935.9k5.4k shares |
| JANE STREET GROUP, LLC | Reduced | $225.3k1.3k shares |
| SIMPLEX TRADING, LLC | New | $86.7k500 shares |
| Walleye Trading LLC | Reduced | $17.3k100 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2025 | 0 | — | 1 | $282.2k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-28 | Clark Eric Andrew President & CEO, director | Sold | $282.2k1.6k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 7.0m $1.2bn | Added +136.7k |
| BlackRock, Inc. 0.02% of their portfolio | 6.3m $1.1bn | Added +818 |
| T. Rowe Price Investment Management, Inc. 0.29% of their portfolio | 4.3m $744.3m | Added +2.4m |
| ALLIANCEBERNSTEIN L.P. 0.17% of their portfolio | 3.2m $547.2m | Added +355.2k |
| FMR LLC 0.03% of their portfolio | 3.1m $530.2m | Added +352.2k |
| AQR CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 2.2m $384.7m | Added +142.4k |
| MORGAN STANLEY 0.02% of their portfolio | 2.2m $377.5m | Added +53.0k |
| STATE STREET CORP 0.01% of their portfolio | 1.8m $319.0m | Reduced -3.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.8m $305.2m | Added +88.0k |
| Swedbank AB 0.20% of their portfolio | 1.2m $208.0m | Added +31 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.23% of their portfolio | 1.1m $199.0m | Added +268.7k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.52% of their portfolio | 1.1m $194.0m | Reduced -106.5k |
| NEUBERGER BERMAN GROUP LLC 0.13% of their portfolio | 974.3k $168.9m | Reduced -27.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.58% of their portfolio | 865.7k $150.0m | Added +4.8k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 843.2k $146.1m | Reduced -176.3k |
| Invesco Ltd. 0.01% of their portfolio | 838.4k $145.3m | Reduced -54.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 784.8k $136.0m | Added +108.8k |
| TD Asset Management Inc 0.10% of their portfolio | 730.8k $126.7m | Added +198.2k |
| NORGES BANK 0.01% of their portfolio | 717.0k $124.3m | Not comparable |
| LAZARD ASSET MANAGEMENT LLC 0.21% of their portfolio | 711.4k $123.3m | Added +3.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 660.5k $114.5m | Reduced -7.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.32% of their portfolio | 660.3k $114.4m | Reduced -87.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 634.1k $109.9m | Reduced -22.2k |
| BESSEMER GROUP INC 0.17% of their portfolio | 631.3k $109.4m | Reduced -23.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 551.5k $95.6m | Added +112.7k |
| Epoch Investment Partners, Inc. 0.51% of their portfolio | 522.4k $90.5m | Added +215.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.14% of their portfolio | 509.6k $88.3m | Reduced -32.9k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 493.9k $85.6m | Reduced -46.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 481.9k $83.5m | Reduced -101.1k |
| DF DENT & CO INC 1.14% of their portfolio | 456.5k $79.1m | Reduced -129.0k |
| Stephens Investment Management Group LLC 0.98% of their portfolio | 434.8k $75.4m | Added +356 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 427.7k $74.1m | Added +13.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 406.8k $70.5m | Reduced -24.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 401.3k $69.5m | Added +124.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.10% of their portfolio | 396.5k $68.7m | First filing |
| RGM Capital, LLC 3.23% of their portfolio | 384.5k $66.6m | Added +41.0k |
| AMERICAN CAPITAL MANAGEMENT INC 2.81% of their portfolio | 366.9k $63.6m | Added +5.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 364.2k $63.1m | Added +76.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 348.8k $60.4m | Reduced -20.7k |
| CAPTRUST FINANCIAL ADVISORS 0.10% of their portfolio | 295.2k $51.2m | Reduced -8.1k |
| Fundsmith LLP 0.29% of their portfolio | 288.3k $50.0m | Unchanged |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 274.1k $47.5m | Added +273.1k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 271.0k $47.0m | Reduced -9.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 265.3k $46.0m | Reduced -242.9k |
| Caisse de depot et placement du Quebec 0.08% of their portfolio | 260.3k $45.1m | Added +41.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 234.3k $40.6m | Reduced -257.2k |
| GW&K Investment Management, LLC 0.35% of their portfolio | 231.4k $40.1m | Reduced -5.8k |
| M&G PLC 0.20% of their portfolio | 222.1k $38.4m | Added +1.8k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 219.7k $38.1m | Added +163.9k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 205.2k $35.6m | New |
| UBS Group AG 0.01% of their portfolio | 204.9k $35.5m | Reduced -125.6k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 204.0k $35.4m | Added +56.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 192.6k $33.4m | Reduced -170.9k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.19% of their portfolio | 187.6k $32.5m | Added +44.0k |
| BROWN CAPITAL MANAGEMENT LLC 2.67% of their portfolio | 187.6k $32.5m | Reduced -232.1k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 178.4k $30.9m | Reduced -3.9k |
| Premier Fund Managers Ltd 1.72% of their portfolio | 170.4k $29.8m | Reduced -40.9k |
| Pembroke Management, LTD 2.99% of their portfolio | 167.2k $29.0m | Added +4.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 166.3k $28.8m | Added +142.6k |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 166.0k $28.8m | Added +160.6k |
| Legal & General Group Plc 0.01% of their portfolio | 164.0k $28.4m | Reduced -3.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 162.0k $28.1m | Reduced -46.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 159.4k $27.7m | Added +79.1k |
| PANAGORA ASSET MANAGEMENT INC 0.10% of their portfolio | 157.7k $27.3m | Reduced -21.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 146.3k $25.4m | Reduced -3.6k |
| Local Pensions Partnership Investment Ltd 0.42% of their portfolio | 138.5k $24.0m | Unchanged |
| MARSHALL WACE, LLP 0.02% of their portfolio | 138.2k $24.0m | Added +101.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 137.8k $23.9m | Added +20.7k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 135.5k $23.5m | Added +116.1k |
| Nuveen, LLC 0.01% of their portfolio | 132.3k $22.9m | Reduced -30.0k |
| Quantinno Capital Management LP 0.05% of their portfolio | 129.2k $22.4m | Added +8.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 120.9k $20.9m | Reduced -9.2k |
| Swiss National Bank 0.01% of their portfolio | 119.2k $20.7m | Added +1.6k |
| BANK OF NOVA SCOTIA 0.03% of their portfolio | 119.1k $20.6m | Added +103.7k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 115.2k $20.0m | Added +10.5k |
| Bridgewater Associates, LP 0.07% of their portfolio | 110.9k $19.2m | Added +75.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 108.3k $18.8m | Added +188 |
| Man Group plc 0.04% of their portfolio | 107.8k $18.7m | Reduced -19.1k |
| IEQ CAPITAL, LLC 0.05% of their portfolio | 105.0k $18.2m | Reduced -23.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 104.9k $18.3m | Reduced -5.9k |
| EXCHANGE TRADED CONCEPTS, LLC 0.14% of their portfolio | 99.2k $17.2m | Added +28.7k |
| Pacer Advisors, Inc. 0.04% of their portfolio | 96.4k $16.7m | Reduced -62.0k |
| Montanaro Asset Management Ltd 4.58% of their portfolio | 94.9k $16.4m | Added +2.8k |
| Gotham Asset Management, LLC 0.06% of their portfolio | 90.8k $15.7m | Added +4.8k |
| KBC Group NV 0.03% of their portfolio | 87.7k $15.2m | Reduced -21.9k |
| SEGALL BRYANT & HAMILL, LLC 0.20% of their portfolio | 85.9k $14.9m | Reduced -15.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 80.8k $14.0m | Reduced -12.3k |
| Amundi 0.00% of their portfolio | 78.4k $13.6m | Added +26.7k |
| Voleon Capital Management LP 0.28% of their portfolio | 76.2k $13.2m | Added +68.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 76.1k $13.2m | Added +38.1k |
| BARCLAYS PLC 0.01% of their portfolio | 76.1k $13.2m | Reduced -8.1k |
| BLI - Banque de Luxembourg Investments 0.38% of their portfolio | 74.1k $12.9m | Added +5.0k |
| Retirement Systems of Alabama 0.04% of their portfolio | 72.3k $12.5m | Reduced -791 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 70.7k $12.3m | Reduced -6.4k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 70.3k $12.2m | Reduced -6.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 68.7k $11.9m | Added +52.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 66.0k $11.4m | Reduced -5.4k |
| ALGERT GLOBAL LLC 0.18% of their portfolio | 65.6k $11.4m | Reduced -22.4k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 64.6k $11.2m | Added +2.6k |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 63.1k $10.9m | Added +55.9k |