Asset manager

First Manhattan Co. Llc.

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 728083

Reported value: $39.2bn
Positions we cover: 552
Copy, a year: +12.5%
Copy Sharpe ratio: 0.69

How copying its 13F would have done

CopyS&P 500 $10,000 copying First Manhattan Co. Llc.'s filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −31.7% (S&P 500 −31.8%); beta 0.98; alpha −1.1% a year (t = −1.21); last 12 months +5.4% against +12.1%.

Reported value by quarter

First Manhattan Co. Llc.: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$14.5B
2013-09-30	$14.3B
2013-12-31	$15.1B
2014-03-31	$15.2B
2014-06-30	$15.8B
2014-09-30	$17.2B
2014-12-31	$17.7B
2015-03-31	$17.4B
2015-06-30	$16.9B
2015-09-30	$15.6B
2015-12-31	$16.3B
2016-03-31	$16.3B
2016-06-30	$16.3B
2016-09-30	$16.4B
2016-12-31	$16.4B
2017-03-31	$16.8B
2017-06-30	$17.1B
2017-09-30	$17.5B
2017-12-31	$18.2B
2018-03-31	$17.6B
2018-06-30	$17.3B
2018-09-30	$18.8B
2018-12-31	$16.1B
2019-03-31	$17.3B
2019-06-30	$18B
2019-09-30	$18.2B
2019-12-31	$19.9B
2020-03-31	$15.4B
2020-06-30	$17.3B
2020-09-30	$19.4B
2020-12-31	$20.9B
2021-03-31	$23.2B
2021-06-30	$27.4B
2021-09-30	$27.1B
2021-12-31	$30.3B
2022-03-31	$30.6B
2022-06-30	$24.8B
2022-09-30	$23.6B
2022-12-31	$27.3T
2023-03-31	$26.1B
2023-06-30	$27.3B
2023-09-30	$27.1B
2023-12-31	$28.8B
2024-03-31	$30.9B
2024-06-30	$31.2B
2024-09-30	$33.7B
2024-12-31	$34.1B
2025-03-31	$34.3B
2025-06-30	$35.4B
2025-09-30	$37.9B
2025-12-31	$38.1B
2026-03-31	$36.1B
2026-06-30	$39.2B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
MSFTMicrosoft Corporation	4.13%	$1.6bn	4.35M	−0.6% Reduced
ASMLAsml Holding NV	3.64%	$1.4bn	718.4K	−4.8% Reduced
AAPLApple Inc.	3.64%	$1.4bn	4.94M	−1.6% Reduced
AMATApplied Materials	2.29%	$896.8m	1.24M	−17.6% Reduced
KKRKKR & Co.	2.20%	$864.2m	9.42M	+0.2%
AZOAutoZone	2.13%	$837.8m	262.1K	+0.1%
AVGOBroadcom	2.07%	$812.3m	2.15M	−1.5% Reduced
AMZNAmazon	1.98%	$777.6m	3.26M	+0.2%
INTCIntel	1.65%	$647.7m	4.64M	−18.5% Reduced
VVisa Inc.	1.47%	$577.3m	1.68M	+8.6% Added
LBLandbridge Corp	1.43%	$561.2m	7.08M	+0.4%
ORCLOracle Corporation	1.41%	$552.9m	3.77M	−4.3% Reduced
GOOGLAlphabet Inc. (Class A)	1.35%	$528.6m	1.48M	−2.5% Reduced
NVDANVIDIA Corporation	1.29%	$506.6m	2.53M	−0.4%
TPLTexas Pacific Land Corporation	1.19%	$466.0m	1.06M	+0.2%
DHRDanaher Corporation	1.09%	$429.1m	2.25M	−3.9% Reduced
TMOThermo Fisher Scientific	1.08%	$422.4m	841.9K	+9.7% Added
SPGIS&P Global	1.07%	$421.0m	1.03M	−1.2% Reduced
HONHoneywell Technologies	1.06%	$416.0m	1.86M	New
HONAHoneywell Aerospace	1.06%	$414.7m	1.88M	New
SNPSSynopsys Inc	0.98%	$383.2m	859.1K	+1.2% Added
UNHUnitedHealth Group	0.92%	$360.5m	867.4K	−15.6% Reduced
LINLinde plc	0.90%	$352.0m	678.3K	−4.8% Reduced
PMPhilip Morris International	0.82%	$322.2m	1.77M	−0.4%
GEVGE Vernova	0.81%	$318.0m	270.6K	−1.0% Reduced
LOWLowe's	0.74%	$290.4m	1.32M	−5.9% Reduced
CRMSalesforce	0.70%	$273.4m	1.74M	−34.2% Reduced
TTWOTake TWO Interactive Software Inc	0.65%	$253.9m	1.02M	+0.4%
UBERUber	0.63%	$248.5m	3.44M	+446.2% Added
ALLYAlly Financial Inc.	0.53%	$205.8m	4.48M	−2.3% Reduced
ORLYO'Reilly Automotive	0.52%	$203.8m	2.21M	−2.4% Reduced
MARMarriott International	0.50%	$195.8m	528.4K	−1.7% Reduced
BKNGBooking Holdings	0.49%	$194.1m	1.09M	+2545.4% Added
JNJJohnson & Johnson	0.46%	$179.0m	704.7K	−0.7% Reduced
UNPUnion Pacific Corporation	0.45%	$176.0m	647.0K	−1.3% Reduced
CSLCarlisle Companies Inc	0.43%	$170.2m	469.2K	+5.6% Added
AMRZAmrize Ltd	0.43%	$167.6m	3.14M	−20.1% Reduced
AXPAmerican Express	0.39%	$153.4m	453.5K	−1.3% Reduced
ABBVAbbVie	0.38%	$149.7m	594.7K	−1.7% Reduced
GEGE Aerospace	0.37%	$144.2m	385.8K	+100.2% Added
MCDMcDonald's	0.36%	$140.4m	519.2K	−3.9% Reduced
MTCHMatch Group, Inc.	0.36%	$139.6m	3.67M	−0.5%
VRTVertiv	0.33%	$129.0m	385.3K	−30.2% Reduced
BALLBall Corporation	0.33%	$127.5m	2.04M	+1.1% Added
AIZAssurant	0.28%	$108.9m	405.6K	−0.7% Reduced
COFCapital One	0.27%	$107.7m	536.7K	−0.1%
METAMeta Platforms	0.25%	$99.1m	175.9K	−7.2% Reduced
JPMJPMorgan Chase	0.24%	$96.3m	294.2K	+0.3%
ACNAccenture	0.24%	$94.2m	756.7K	+57.3% Added
ICEIntercontinental Exchange	0.23%	$89.7m	728.7K	−28.5% Reduced
SCIService Corp International	0.22%	$87.9m	1.16M	−0.4%
LLYLilly (Eli)	0.22%	$87.2m	72.7K	−1.4% Reduced
QXOQXO, Inc.	0.21%	$84.1m	4.87M	+196.1% Added
WOLFWolfspeed, Inc.	0.20%	$79.4m	1.64M	New
WDAYWorkday, Inc.	0.20%	$78.3m	639.3K	New
CSWCSW Industrials, Inc.	0.19%	$75.2m	270.2K	+0.1%
VLTOVeralto	0.19%	$73.0m	821.8K	+43.3% Added
KOThe Coca-Cola Company	0.18%	$72.7m	888.4K	−4.0% Reduced
BSXBoston Scientific	0.18%	$72.4m	1.70M	−65.4% Reduced
POOLPool Corp	0.18%	$69.4m	323.1K	+13.4% Added
EROKEaglerock Land, LLC	0.18%	$69.2m	3.26M	New
CORCencora	0.17%	$68.1m	240.7K	−0.8% Reduced
TMCTMC The Metals Co Inc.	0.17%	$67.8m	15.32M	0.0%
BLBlackline, Inc.	0.17%	$67.5m	2.40M	−10.2% Reduced
CBChubb Limited	0.17%	$65.1m	190.9K	+1.5% Added
KNSLKinsale Capital Group, Inc.	0.16%	$62.1m	188.4K	−69.4% Reduced
KEYSKeysight Technologies	0.16%	$61.4m	175.5K	−5.7% Reduced
IQVIQVIA	0.15%	$60.4m	312.5K	+4.2% Added
MAMastercard	0.13%	$50.1m	97.5K	−2.8% Reduced
BAMBrookfield Asset Management Ltd.	0.12%	$47.9m	1.07M	−3.4% Reduced
CNQCanadian Natural Resources Ltd	0.11%	$44.9m	1.12M	−3.0% Reduced
HLTHilton Worldwide	0.11%	$44.9m	135.9K	−3.1% Reduced
MSMorgan Stanley	0.11%	$44.1m	211.0K	−1.9% Reduced
MDLZMondelez International	0.11%	$43.2m	740.2K	−14.5% Reduced
SCHWCharles Schwab Corporation	0.11%	$42.3m	458.7K	−1.2% Reduced
MCOMoody's Corporation	0.10%	$40.3m	89.0K	−0.3%
IBMIBM	0.10%	$39.4m	140.0K	+3.2% Added
AMDAdvanced Micro Devices	0.10%	$38.7m	66.6K	−20.7% Reduced
AMGNAmgen	0.08%	$31.5m	87.1K	−4.2% Reduced
CPRTCopart	0.08%	$31.0m	1.10M	−62.7% Reduced
SNASnap-on	0.08%	$30.6m	76.0K	−0.6% Reduced
WFCWells Fargo	0.08%	$30.1m	364.3K	−0.7% Reduced
PGProcter & Gamble	0.08%	$29.8m	203.1K	−5.2% Reduced
APHAmphenol	0.07%	$28.3m	160.5K	+1.5% Added
SYKStryker Corporation	0.07%	$27.9m	88.5K	+25.9% Added
DEIDouglas Emmett Inc	0.07%	$27.6m	2.31M	+2.3% Added
WBIWaterbridge Infrastructure LLC	0.07%	$27.5m	803.7K	0.0%
TSMTaiwan Semiconductor Manufacturing Co LTD	0.07%	$27.2m	56.9K	−2.3% Reduced
INGRIngredion Inc	0.07%	$26.9m	283.9K	−0.7% Reduced
ENBEnbridge Inc	0.07%	$26.7m	491.9K	−6.6% Reduced
CMCSAComcast	0.07%	$26.3m	1.07M	−0.7% Reduced
TGTTarget Corporation	0.06%	$24.7m	189.1K	−2.3% Reduced
BXPBXP, Inc.	0.06%	$23.5m	354.1K	+1.8% Added
LRCXLam Research	0.06%	$22.6m	52.2K	−16.1% Reduced
GGGGraco Inc	0.06%	$22.2m	293.8K	−3.2% Reduced
NEENextEra Energy	0.06%	$21.9m	249.8K	−8.9% Reduced
NVGSNavigator Holdings Ltd.	0.06%	$21.5m	1.16M	−12.9% Reduced
MRKMerck & Co.	0.05%	$20.5m	158.8K	+2.8% Added
MLMMartin Marietta Materials	0.05%	$20.3m	35.2K	+0.4%
LLoews Corporation	0.05%	$20.1m	177.1K	−1.2% Reduced
CBLCBL & Associates Properties Inc	0.05%	$18.8m	354.4K	−3.3% Reduced
COSTCostco	0.05%	$18.7m	20.0K	−3.9% Reduced
HDThe Home Depot	0.05%	$18.6m	52.8K	−12.1% Reduced
DISThe Walt Disney Company	0.05%	$18.2m	187.7K	−6.0% Reduced
AMALAmalgamated Financial Corp.	0.05%	$18.2m	396.5K	−1.6% Reduced
BABoeing	0.05%	$18.2m	84.0K	+15.4% Added
USBU.S. Bancorp	0.04%	$17.1m	283.8K	−7.7% Reduced
COPConocoPhillips	0.04%	$16.9m	163.0K	−2.8% Reduced
BXBlackstone Inc.	0.04%	$16.2m	137.8K	−4.5% Reduced
CIENCiena	0.04%	$15.9m	32.4K	−4.2% Reduced
AXSAxis Capital Holdings LTD	0.04%	$15.7m	145.6K	−2.9% Reduced
BACBank of America	0.04%	$15.3m	267.8K	−7.1% Reduced
CSCOCisco	0.04%	$15.0m	127.4K	−3.7% Reduced
RRCRange Resources Corp	0.04%	$14.9m	399.9K	−0.7% Reduced
TRSTrimas Corp	0.04%	$14.8m	329.7K	−3.3% Reduced
CCKCrown Holdings, Inc.	0.04%	$14.0m	125.1K	−2.2% Reduced
EPDEnterprise Products Partners L.p.	0.04%	$13.9m	378.3K	−4.8% Reduced
WMTWalmart	0.04%	$13.8m	122.0K	−4.9% Reduced
HCAHCA Healthcare	0.04%	$13.8m	35.3K	+2.2% Added
AWKAmerican Water Works	0.03%	$13.4m	102.0K	−1.8% Reduced
PEPPepsiCo	0.03%	$13.3m	98.5K	−3.9% Reduced
RTXRTX Corporation	0.03%	$13.2m	69.4K	+0.6% Added
QSRRestaurant Brands International Inc.	0.03%	$13.1m	179.3K	−1.0% Reduced
RPMRPM International Inc	0.03%	$12.7m	114.6K	−2.6% Reduced
GRBKGreen Brick Partners, Inc.	0.03%	$12.6m	157.9K	−7.4% Reduced
DGDollar General	0.03%	$12.3m	107.2K	+15.7% Added
NEMNewmont	0.03%	$11.9m	127.9K	−0.1%
NNBRNN Inc	0.03%	$11.9m	3.30M	−1.0% Reduced
LOARLoar Holdings Inc.	0.03%	$11.7m	145.0K	+100.9% Added
BAERBridger Aerospace Group Holdings, Inc.	0.03%	$11.6m	6.02M	+4.5% Added
TRVThe Travelers Companies	0.03%	$11.5m	34.9K	−1.5% Reduced
PNCPNC Financial Services	0.03%	$11.3m	46.0K	−0.8% Reduced
SLGSL Green Realty Corp	0.03%	$11.1m	214.8K	−1.8% Reduced
MUMicron Technology	0.03%	$10.9m	9.5K	−20.4% Reduced
PSXPhillips 66	0.03%	$10.8m	64.1K	+0.7% Added
FNVFranco Nevada Corp	0.03%	$10.8m	51.6K	+15.7% Added
HHHHoward Hughes Holdings Inc.	0.03%	$10.7m	149.8K	−37.5% Reduced
TXNTexas Instruments	0.03%	$10.5m	35.3K	−3.9% Reduced
NTRNutrien Ltd.	0.03%	$10.5m	164.5K	−2.1% Reduced
AERAercap Holdings N.V.	0.03%	$10.4m	71.4K	−4.2% Reduced
KLACKLA Corporation	0.03%	$10.2m	33.8K	+671.4% Added
MSBMesabi Trust	0.03%	$10.0m	396.4K	+27.8% Added
CCitigroup	0.03%	$9.9m	71.1K	+1.0% Added
JEFJefferies Financial Group Inc.	0.03%	$9.9m	197.2K	+3.8% Added
CMCCommercial Metals Co	0.03%	$9.8m	156.1K	−7.8% Reduced
ADPAutomatic Data Processing	0.03%	$9.8m	43.3K	−10.7% Reduced
ABTAbbott Laboratories	0.03%	$9.8m	107.5K	−8.2% Reduced
MSIMotorola Solutions	0.02%	$9.4m	22.6K	−1.6% Reduced
CVXChevron Corporation	0.02%	$9.3m	55.9K	+7.7% Added
QCOMQualcomm	0.02%	$9.2m	49.9K	−10.4% Reduced

Company	Bought (value)	Shares
HONHoneywell Technologies	$416.0m	1.86M
HONAHoneywell Aerospace	$414.7m	1.88M
UBERUber	$203.0m	2.81M
BKNGBooking Holdings	$186.8m	1.05M
WOLFWolfspeed, Inc.	$79.4m	1.64M
WDAYWorkday, Inc.	$78.3m	639.3K
GEGE Aerospace	$72.2m	193.1K
EROKEaglerock Land, LLC	$69.2m	3.26M
QXOQXO, Inc.	$55.7m	3.22M
VVisa Inc.	$45.9m	133.7K
TMOThermo Fisher Scientific	$37.5m	74.7K
ACNAccenture	$34.3m	275.5K
VLTOVeralto	$22.0m	248.2K
CSLCarlisle Companies Inc	$9.0m	24.9K
KLACKLA Corporation	$8.9m	29.4K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
AMATApplied Materials	−$191.6m	−265.0K
INTCIntel	−$146.9m	−1.05M
CRMSalesforce	−$142.1m	−904.9K
KNSLKinsale Capital Group, Inc.	−$141.0m	−427.7K
BSXBoston Scientific	−$137.2m	−3.21M
ASMLAsml Holding NV	−$71.5m	−35.9K
UNHUnitedHealth Group	−$66.6m	−160.2K
VRTVertiv	−$55.8m	−166.8K
CPRTCopart	−$52.1m	−1.85M
AMRZAmrize Ltd	−$42.3m	−793.1K
ICEIntercontinental Exchange	−$35.8m	−291.0K
AMTAmerican Tower	−$28.7m	−173.6K
BAHBooz Allen Hamilton Holding Corp	−$27.6m	−353.9K
ORCLOracle Corporation	−$24.6m	−167.5K
AAPLApple Inc.	−$23.4m	−80.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
BAHBooz Allen Hamilton Holding Corp	$27.6m	353.9K
TACTransalta Corp	$10.4m	793.2K
DMACDiamedica Therapeutics Inc.	$3.1m	455.0K
PSNParsons Corp	$3.1m	56.8K
ULTAUlta Beauty	$1.2m	2.2K
ICLRIcon PLC	$1.1m	10.1K
DLRDigital Realty	$768,596	4.3K
BRKRBruker Corp	$529,222	14.6K
YORWYork Water Co	$503,119	16.4K
KMIKinder Morgan	$423,853	12.6K
CBSHCommerce Bancshares Inc	$422,461	8.6K
ULUnilever PLC	$405,003	7.0K
CRWVCoreweave, Inc.	$387,350	5.0K
TYLTyler Technologies Inc	$381,411	1.1K
AUBAtlantic Union Bankshares Corp	$368,837	10.3K
GEHCGE HealthCare	$344,305	4.8K
BLDRBuilders Firstsource, Inc.	$335,165	4.1K
CACCamden National Corp	$320,288	6.8K
RSGRepublic Services	$318,017	1.5K
ABNBAirbnb	$302,445	2.4K
RYNRayonier Inc	$275,916	13.4K
FNDFloor & Decor Holdings, Inc.	$258,877	5.1K
EQTEQT Corporation	$236,614	3.7K
YUMCYum China Holdings, Inc.	$233,217	4.8K
MCHPMicrochip Technology Inc	$224,584	3.5K
FTNTFortinet	$224,240	2.7K
PRUPrudential Financial	$218,351	2.2K
CLXClorox	$217,623	2.1K
AAAlcoa Corp	$215,573	3.3K
AOSA. O. Smith	$214,041	3.2K

Technology38.0%
Financials13.7%
Consumer Discretionary12.2%
Industrials10.7%
Health Care8.4%
Energy5.5%
Communication Services4.5%
Materials3.5%
Consumer Staples2.5%
Utilities0.5%
Real Estate0.5%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+12.5%	+14.1%	0.69	0.78	−31.7%	0.98
2018 onwardsJanuary 5, 2018 to November 2, 2026	+12.7%	+13.9%	0.60	0.66	−31.7%	0.98
Last three yearsNovember 3, 2023 to November 2, 2026	+16.1%	+21.8%	0.81	1.16	−16.8%	0.95
Last yearNovember 7, 2025 to November 2, 2026	+7.3%	+14.2%	0.31	0.84	−11.7%	0.93

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.