L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
28
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 12 listed it in both
Shares listed
14,184,689
combined, among listed positions
Reported value
$2.5bn
combined, at the quarter end

Among the 92 comparable managers: 16 buyers (opened or added shares) and 18 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +741,816.

Managers listing MANH in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

28 of 28 holders

ActionFiling
AllianceBernstein LP3,157,105$547m0.17%Added+355,20417 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)3,059,099$530munder 0.1%Added+352,19117 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC2,219,539$385m0.20%Added+142,40717 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC974,318$169m0.13%Trimmed-26,98927 Oct 2026 (the filing on sec.gov)
Invesco Ltd838,438$145munder 0.1%Trimmed-54,82619 Feb 2026 (the filing on sec.gov)
MFS Investment Management784,835$136munder 0.1%Added+108,80122 Jan 2026 (the filing on sec.gov)
Renaissance Technologies LLC509,560$88m0.14%Trimmed-32,90012 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc481,947$84munder 0.1%Trimmed-101,09917 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP364,169$63munder 0.1%Added+76,28213 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.274,051$47munder 0.1%Added+273,05117 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC219,697$38munder 0.1%Added+163,91017 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC204,042$35munder 0.1%Added+56,03412 Feb 2026 (the filing on sec.gov)
Millennium Management LLC192,583$33munder 0.1%Trimmed-170,94217 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC166,323$29m0.10%Added+142,55417 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP138,228$24munder 0.1%Added+101,58913 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP135,451$23munder 0.1%Added+116,05117 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP110,916$19m0.07%Added+75,75313 Feb 2026 (the filing on sec.gov)
Man Group PLC107,775$19munder 0.1%Trimmed-19,09217 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC53,525$9.3munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC53,273$9.2munder 0.1%Trimmed-799,13517 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP50,700$8.8munder 0.1%Added+35,60017 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd26,388$4.6munder 0.1%Trimmed-30,52517 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC20,982$3.6munder 0.1%Added+4,96513 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP14,239$2.5m0.08%Trimmed-1,99910 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP14,144$2.5munder 0.1%Trimmed-1,22313 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
12 in Q3 2024 to 9 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
MANH by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20134$250mn.a.n.a.
Q3 20135$329mn.a.n.a.
Q4 20136$409mn.a.n.a.
Q1 20146$493mn.a.n.a.
Q2 20144$476mn.a.n.a.
Q3 20143$461mn.a.n.a.
Q4 20144$548mn.a.n.a.
Q1 20155$645mn.a.n.a.
Q2 20157$681mn.a.n.a.
Q3 20159$671mn.a.n.a.
Q4 20159$686mn.a.n.a.
Q1 20169$597mn.a.n.a.
Q2 20169$609mn.a.n.a.
Q3 201611$535mn.a.n.a.
Q4 20167$399mn.a.n.a.
Q1 20177$356mn.a.n.a.
Q2 20173$294mn.a.n.a.
Q3 20173$240mn.a.n.a.
Q4 20175$305mn.a.n.a.
Q1 20185$268mn.a.n.a.
Q2 20186$318mn.a.n.a.
Q3 20188$361mn.a.n.a.
Q4 20186$266mn.a.n.a.
Q1 20197$387mn.a.n.a.
Q2 20196$497mn.a.n.a.
Q3 20198$578mn.a.n.a.
Q4 201912$711mn.a.n.a.
Q1 202011$388mn.a.n.a.
Q2 20209$804mn.a.n.a.
Q3 20209$786mn.a.n.a.
Q4 20207$844mn.a.n.a.
Q1 20217$949mn.a.n.a.
Q2 202111$1.6bnn.a.n.a.
Q3 202113$1.9bnn.a.n.a.
Q4 202113$2.0bnn.a.n.a.
Q1 202213$2.0bnn.a.n.a.
Q2 202214$1.6bnn.a.n.a.
Q3 202215$1.8bnn.a.n.a.
Q4 202214$1.6bnn.a.n.a.
Q1 202314$2.0bnn.a.n.a.
Q2 202318$2.5bnn.a.n.a.
Q3 202317$2.3bnn.a.n.a.
Q4 202313$2.1bn59
Q1 202414$2.4bn104
Q2 202416$2.8bn108
Q3 202412$3.2bn66
Q4 202412$3.3bn65
Q1 202513$1.1bn94
Q2 202513$1.6bn104
Q3 202514$2.1bn88
Q4 202513$2.0bn1618
Q1 20268$1.4bn1414
Q2 20269$1.2bn1612

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

MANH and GOOGL →MANH and AMZN →MANH and MSFT →Choose a stock to compare with MANH →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own MANH, latest filings →Back to the 13F Explorer →