Manhattan Associates

MANH • NASDAQ

Manhattan Associates is a software - application company in the technology sector on NASDAQ, led by Eric A. Clark, with a market cap of $10.8B. As of Q3 2025, 99% of shares are held by 598 institutional investors, with VANGUARD GROUP INC as the largest holder at 11.28%.

President and Chief Executive OfficerEric A. Clark

Market Cap$10.8B

Software - Application

Technology

Employees4.7K

Websitemanh.com

Country

United States of America

Overview

Overview of institutional ownership in MANH as of Q3 2025 with a market cap of $12.4B

All Institutions

Institutions: 598
Value Held: $12.3B
Shares Held: 60.0M
Avg Position: $20.6M
Median Position: $757.7K

Hedge Funds

Hedge Funds: 53
Value Held: $1.3B
Shares Held: 6.4M
Avg Position: $24.7M
Median Position: $2.3M

Ownership Breakdown

Institutional (non-HF)

88.68%

$11.0B

Hedge Funds

10.55%

$1.3B

Retail & Other

0.77%

$95.5M

Based on market cap of $12.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MANH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.4B 0.02% of portfolio	11.28% 6.8M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$1.3B 0.02% of portfolio	10.35% 6.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$574.3M 0.18% of portfolio	4.63% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$317.45B
FMR LLC Institution	-	$554.9M 0.03% of portfolio	4.48% 2.7M shares	Q2 2018 Held for 7y 5m	$1.92T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$435.7M 0.03% of portfolio	3.51% 2.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	David Gary Kabiller Founder	$425.8M 0.27% of portfolio	3.44% 2.1M shares	≤ Q2 2013 Held for 12y 5m+	$156.17B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$391.2M 0.24% of portfolio	3.16% 1.9M shares	Q3 2022 Held for 3y 2m	$161.58B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$377.9M 0.01% of portfolio	3.05% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$342.8M 0.02% of portfolio	2.75% 1.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Long Only Manager	George Robert Aylward CEO	$251.3M 0.61% of portfolio	2.03% 1.2M shares	Q1 2016 Held for 9y 8m	$41.0B

Net Capital Flow

Institutional buying and selling activity for MANH in Q3 2025

Net Flow: −$119.0M
Buyers: 228
Sellers: 269
Total Bought: +$1.2B
Total Sold: −$1.3B
Avg Position: $20.4M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$188.9M +921.4K shares	$554.9M 2.7M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$135.4M +660.8K shares	$391.2M 1.9M shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$106.2M +518.3K shares	$574.3M 2.8M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$81.2M +396.0K shares	$174.7M 852.4K shares
S Sumitomo Mitsui Trust Holdings, Inc. Institution	+$64.4M +314.1K shares	$136.9M 667.7K shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$64.1M +312.9K shares	$138.6M 676.0K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	+$62.8M +306.5K shares	$145.1M 707.7K shares
CAPTRUST FINANCIAL ADVISORS RIA/Wealth	+$59.3M +289.1K shares	$62.2M 303.3K shares
M MACQUARIE GROUP LTD Institution	+$42.2M +205.7K shares	$80.1M 390.8K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$31.2M +152.3K shares	$143.8M 701.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
VAN ECK ASSOCIATES CORP ETF Provider	−$190.5M −929.5K shares	$12.7M 61.9K shares
N Neuberger Berman Group LLC Institution	−$64.8M −316.1K shares	$205.2M 1.0M shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$63.7M −322.5K shares	Sold Off 0 shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	−$52.3M −255.0K shares	$1.2M 5.8K shares
Q Qube Research & Technologies Ltd Institution	−$49.2M −249.2K shares	Sold Off 0 shares
B BROWN CAPITAL MANAGEMENT LLC Long Only Manager	−$46.9M −228.6K shares	$86.0M 419.6K shares
GOLDMAN SACHS GROUP INC Institution	−$40.6M −197.9K shares	$75.7M 369.5K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$39.8M −194.0K shares	$100.7M 491.5K shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	−$39.5M −192.9K shares	$7.1M 34.8K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$36.9M −179.9K shares	$59.0M 287.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MANH in Q3 2025

New Positions: 42
New Value: $24.1M
Exited Positions: 57
Exited Value: $230.2M

New Positions

Institution	Position Value
F FIL Ltd Institution	$5.0M 24.3K shares
2 2Xideas AG Institution	$3.8M 18.7K shares
P Point72 Asia Pte. Ltd. Institution	$2.1M 10.2K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$1.8M 8.6K shares
Krilogy Financial LLC RIA/Wealth	$1.8M 9.7K shares
Morningstar Investment Management LLC Long Only Manager	$1.6M 7.6K shares
ISAM Funds Ltd Hedge Fund•Quant	$927.5K 4.5K shares
Point72 Ltd RIA/Wealth	$725.6K 3.5K shares
VISIONARY HORIZONS, LLC RIA/Wealth	$694.1K 3.4K shares
Caerus Investment Advisors, LLC Venture Capital	$545.0K 2.7K shares

Exited Positions

Institution	Previous Position
S Squarepoint Ops LLC Hedge Fund•Quant	$63.7M 322.5K shares
Q Qube Research & Technologies Ltd Institution	$49.2M 249.2K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$24.3M 123.3K shares
A AXA Institution	$14.4M 72.8K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$13.9M 70.5K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$12.4M 62.8K shares
I ING GROEP NV Institution	$8.7M 44.1K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$5.6M 28.2K shares
I ICICI Prudential Asset Management Co Ltd Institution	$4.8M 24.2K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	$3.3M 16.6K shares

Options Activity

Institutions with the largest Call and Put options positions in MANH as of Q3 2025

Call Positions: 9
Call Value: $13.4M
Put Positions: 11
Put Value: $25.9M

Call Positions

Institution	Position Value
C Cubist Systematic Strategies, LLC Institution	$3.8M 186.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.8M 183.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.9M 143.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$1.8M 87.0 contracts
W WOLVERINE TRADING, LLC Institution	$560.7K 27.0 contracts
Walleye Trading LLC RIA/Wealth	$328.0K 16.0 contracts
J JANE STREET GROUP, LLC Institution	$205.0K 10.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$12.3M 602.0 contracts
C Cubist Systematic Strategies, LLC Institution	$4.7M 230.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.2M 158.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.1M 149.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$1.8M 87.0 contracts
J JANE STREET GROUP, LLC Institution	$389.5K 19.0 contracts
W WOLVERINE TRADING, LLC Institution	$270.0K 13.0 contracts
Walleye Trading LLC RIA/Wealth	$82.0K 4.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts
P PEAK6 LLC Institution	- - contracts

Most Committed Institutions

Institutions with MANH as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M Montanaro Asset Management Ltd Institution	-	4.72% $18.9M	0.15% 92.2K shares	Q3 2024 Held for 1y 2m	$400.4M
B BROWN CAPITAL MANAGEMENT LLC Long Only Manager	Johnny Rayburn Brown CEO	3.54% $86.0M	0.69% 419.6K shares	≤ Q2 2013 Held for 12y 5m+	$2.4B
Pembroke Management, LTD Long Only Manager	Nicolas Gilles Chevalier CEO	3.32% $33.4M	0.27% 163.0K shares	Q3 2022 Held for 3y 2m	$1.0B
RGM Capital, LLC Hedge Fund•Value	Robert Glyn Moses Managing Partner	2.96% $70.4M	0.57% 343.5K shares	Q1 2017 Held for 8y 8m	$2.4B
AMERICAN CAPITAL MANAGEMENT INC Long Only Manager	David Mark La Valle CEO	2.95% $74.1M	0.60% 361.3K shares	≤ Q2 2013 Held for 12y 5m+	$2.5B
K Kopp Family Office, LLC Institution	-	2.26% $3.5M	0.03% 16.9K shares	Q1 2025 Held for 8 months	$153.6M
P Premier Fund Managers Ltd Institution	-	1.82% $43.3M	0.35% 211.3K shares	Q2 2024 Held for 1y 5m	$2.4B
DF DENT & CO INC Long Only Manager	Daniel Forbes Dent Chairman	1.55% $120.0M	0.97% 585.5K shares	Q2 2022 Held for 3y 5m	$7.7B
TrimTabs Asset Management, LLC Long Only Manager	Timothy Charles Hill CCO	1.21% $9.1M	0.07% 44.5K shares	Q1 2021 Held for 4y 8m	$752.3M
Stephens Investment Management Group LLC Long Only Manager	Joseph Warren Simpson CEO	1.15% $89.1M	0.72% 434.4K shares	Q3 2014 Held for 11y 2m	$7.8B