Manhattan AssociatesMANH

13F holders, Q2 2024 (June 30)
585holders −5
70new positions
75sold out
10famous investors
$246.70avg. 13F price*

At the end of Q2 2024, 585 institutions reported holding Manhattan Associates Inc. (MANH) in their 13F filings, down 5 from Q1 2024. 70 opened new positions and 75 sold out. The largest holders were BlackRock Inc. ($2.6B), Vanguard Group Inc. ($1.6B) and Alliancebernstein L.P. ($885.8M). 10 famous investors held it, including Jim Simons / Peter Brown (0.2% of Renaissance Technologies's portfolio), Cliff Asness (0.1% of AQR Capital Management's portfolio) and Steve Cohen (0.1% of Point72 Asset Management's portfolio).

Company
Manhattan Associates Inc.
CUSIP
562750109
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600800 Q1 2024: 590Q1 2024Q2 2024: 585Q2 2024Q3 2024: 623Q3 2024Q4 2024: 671Q4 2024Q1 2025: 610Q1 2025Q2 2025: 591Q2 2025Q3 2025: 618Q3 2025Q4 2025: 581Q4 2025Q1 2026: 531Q1 2026Q2 2026: 507Q2 2026

Total Exit/New Position Q1 2024 → Q2 2024

InstitutionsTotal Value
New Positions70$170.6M
Exits75$120.2M

All 13F filers, Q1 2024 → Q2 2024: 4,835,455 shares bought and 4,589,370 shares sold, net +246,085 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 585 holders

BlackRock Inc. 0.06% Add +8.1% 10,372,891 $2.6B
Vanguard Group Inc. 0.03% Reduce -0.5% 6,636,205 $1.6B
Alliancebernstein L.P. 0.31% Add +12.7% 3,591,011 $885.8M
State Street Corp. 0.02% Reduce -0.3% 2,190,352 $540.3M
Invesco Ltd. 0.11% Reduce -14.0% 2,180,498 $537.9M
FMR LLC 0.03% Add +4.6% 1,786,595 $440.7M
Neuberger Berman Group LLC 0.33% Add +0.2% 1,642,190 $405.1M
Geode Capital Management, LLC 0.03% Add +6.9% 1,431,946 $353.3M
Morgan Stanley 0.03% Reduce -6.6% 1,377,973 $339.9M
Franklin Resources Inc. 0.10% Add +9.8% 1,369,163 $337.7M
Kayne Anderson Rudnick Investment Management LLC 0.78% Reduce -26.6% 1,298,163 $320.2M
Brown Capital Management LLC 5.01% Reduce -8.8% 1,005,380 $248.0M
American Century Companies Inc. 0.14% Reduce -1.1% 923,926 $227.9M
Bessemer Group Inc. 0.33% Add +33.2% 748,437 $184.6M
Norges Bank 0.03% Reduce -7.2% 717,487 $177.0M
American Capital Management Inc. 5.28% Reduce -0.1% 640,006 $157.9M
Northern Trust Corp. 0.03% Add +7.7% 630,885 $155.6M
Bank of New York Mellon Corp 0.03% Add +0.4% 604,115 $149.0M
Stephens Investment Management Group LLC 2.04% Reduce -0.8% 591,031 $145.8M
RGM Capital, LLC 5.76% Add +4.1% 583,037 $143.8M
Renaissance Technologies 0.24% Reduce -4.5% 565,160 $139.4M
TD Asset Management Inc 0.13% Reduce -8.7% 554,463 $136.8M
Goldman Sachs Group Inc. 0.03% Reduce -0.6% 528,541 $130.4M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% Add +123.1% 519,404 $128.1M
Royal Bank of Canada 0.03% Add +9.6% 473,805 $116.9M
Dimensional Fund Advisors LP 0.03% Add +20.9% 441,314 $108.9M
Principal Financial Group Inc. 0.06% Reduce -15.1% 435,065 $107.3M
Charles Schwab Investment Management Inc. 0.02% Add +1.6% 404,929 $99.9M
Arrowstreet Capital, Limited Partnership 0.09% Reduce -47.3% 402,791 $99.4M
T. Rowe Price Associates Inc. 0.01% Reduce -8.9% 388,581 $95.9M
Epoch Investment Partners, Inc. 0.43% Reduce -2.2% 384,901 $94.9M
Skandinaviska Enskilda Banken AB (publ) 0.46% Add +27.2% 385,311 $94.9M
GW&K Investment Management, LLC 0.85% Add +4.0% 376,371 $92.8M
AQR Capital Management 0.14% Add +15.4% 358,367 $88.4M
Bank of America Corp. 0.01% Add +31.7% 345,416 $85.2M
New York State Common Retirement Fund 0.11% Add +17.8% 341,086 $84.1M
JPMorgan Chase & Co. 0.01% Add +3.3% 321,980 $79.4M
M&G PLC 0.54% Add +2.1% 316,243 $78.1M
California Public Employees Retirement System 0.06% Reduce -12.7% 311,522 $76.8M
Legal & General Group Plc 0.02% Reduce -5.5% 293,133 $72.3M
Allianz Asset Management GmbH 0.11% Add +19.3% 263,678 $65.0M
Premier Fund Managers Ltd 2.52% New 250,000 $62.8M
Caisse de depot et placement du Quebec 0.14% Add +6.1% 226,872 $56.0M
Rhumbline Advisers 0.05% Reduce -3.7% 205,684 $50.7M
Two Sigma Investments, LP 0.12% Add +97.5% 205,678 $50.7M
Nuveen Asset Management, LLC 0.01% Add +25.3% 192,154 $47.4M
Wells Fargo & Company 0.01% Reduce -38.0% 189,955 $46.9M
Deutsche Bank AG 0.02% Add +35.6% 185,567 $45.8M
T. Rowe Price Investment Management, Inc. 0.03% Reduce -50.6% 183,344 $45.2M
Swiss National Bank 0.03% Reduce -1.2% 182,220 $45.0M
Fiera Capital Corp 0.14% New 181,228 $44.7M
Ameriprise Financial Inc. 0.01% Add +41.5% 180,970 $44.6M
Baird Financial Group, Inc. 0.09% Add +15485.4% 169,569 $41.8M
Los Angeles Capital Management LLC 0.15% Reduce -60.8% 167,447 $41.3M
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.05% Add +287.3% 166,226 $41.0M
Raymond James & Associates 0.03% Reduce -14.7% 163,715 $40.4M
Squarepoint Ops LLC 0.15% Add +448.9% 160,649 $39.6M
Fred Alger Management, LLC 0.19% Reduce -5.8% 156,799 $38.7M
DF Dent & Co. Inc. 0.50% Add +116.3% 156,684 $38.7M
Jupiter Asset Management Ltd. 0.36% Reduce -20.5% 152,812 $37.7M
Millennium Management 0.03% Reduce -12.8% 152,457 $37.6M
Envestnet Asset Management Inc. 0.01% Add +26.1% 139,294 $34.4M
Amundi 0.01% Add +11.5% 133,017 $32.8M
Sumitomo Mitsui Trust Group, Inc. 0.02% Reduce -7.5% 127,799 $31.5M
Robeco Institutional Asset Management B.V. 0.07% Reduce -4.7% 127,499 $31.5M
First Trust Advisors LP 0.03% Add +99.3% 123,897 $30.6M
Nordea Investment Management AB 0.03% Add +83.0% 116,326 $29.2M
Teacher Retirement System of Texas 0.17% Add +24.6% 118,411 $29.2M
National Pension Service 0.03% Add +6.7% 116,800 $28.8M
Russell Investments Group, Ltd. 0.05% Reduce -28.7% 116,645 $28.8M
Man Group plc 0.08% Add +58.7% 115,123 $28.4M
Mitsubishi UFJ Trust & Banking Corp 0.07% Add +47.5% 114,675 $28.3M
Sei Investments Co. 0.04% Reduce -18.2% 114,012 $28.1M
Wellington Management Group LLP 0.00% Reduce -0.2% 111,569 $27.5M
Boston Trust Walden Corp 0.20% Add +3.3% 109,542 $27.0M
Asset Management One Co., Ltd. 0.10% Add +14.1% 103,865 $25.7M
UBS Group AG 0.01% Add +25.6% 102,636 $25.3M
Barclays PLC 0.01% Reduce -33.8% 101,634 $25.1M
Public Employees Retirement Association of Colorado 0.10% Reduce -0.3% 98,611 $24.3M
Braun Stacey Associates Inc. 0.94% Reduce -8.1% 98,432 $24.3M
Zacks Investment Management 0.27% Reduce -15.5% 98,036 $24.2M
Thematics Asset Management 0.95% Add +61.8% 94,730 $23.4M
Worldquant Millennium Advisors LLC 0.21% Add +11.9% 93,556 $23.1M
Smith Group Asset Management, LLC 1.96% Add +3.8% 89,361 $22.0M
California State Teachers Retirement System 0.03% Add +6.6% 87,893 $21.7M
Jacobs Levy Equity Management, Inc. 0.09% Add +49.6% 84,667 $20.9M
Point72 Asset Management 0.06% New 79,479 $19.6M
Allspring Global Investments Holdings, LLC 0.03% Add +195.7% 79,361 $19.6M
Corebridge Financial, Inc. 0.11% — 78,623 $19.4M
New York State Teachers Retirement System 0.04% Reduce -1.2% 77,763 $19.2M
Exchange Traded Concepts, LLC 0.48% Add +4.0% 76,901 $19.0M
Retirement Systems of Alabama 0.07% Reduce -1.7% 75,992 $18.7M
BNP Paribas Financial Markets 0.02% Reduce -39.8% 73,236 $18.1M
Schroder Investment Management Group 0.02% Reduce -38.5% 73,142 $18.0M
Banco Santander, S.A. 0.22% Add +7.4% 72,285 $17.8M
State of Wisconsin Investment Board 0.05% Add +5.3% 70,174 $17.3M
STRS Ohio 0.07% Add +40.5% 69,800 $17.2M
D. E. Shaw & Co. 0.03% Reduce -4.0% 69,298 $17.1M
Citigroup Inc. 0.02% Add +28.3% 67,605 $16.7M
Woodline Partners LP 0.16% New 66,997 $16.5M
State Board of Administration of Florida Retirement System 0.03% Reduce -14.6% 61,403 $15.1M
Two Sigma Advisers, LP 0.03% Reduce -8.7% 61,200 $15.1M
Canada Pension Plan Investment Board 0.01% Reduce -5.7% 60,900 $15.0M
AXA S.A. 0.04% Add +7.0% 59,688 $14.7M
West Coast Financial LLC 1.59% Add +0.5% 54,346 $13.4M
Victory Capital Management Inc. 0.01% Add +30.5% 53,856 $13.3M
Ensign Peak Advisors, Inc 0.02% Reduce -3.7% 52,205 $12.9M
Lazard Asset Management LLC 0.02% Add +32.1% 52,135 $12.9M
CANADA LIFE ASSURANCE Co 0.02% Add +14.8% 50,494 $12.5M
Quantinno Capital Management LP 0.22% Add +3.7% 50,066 $12.4M
Macquarie Group Ltd. 0.01% Reduce -53.6% 50,003 $12.3M
Intech Investment Management LLC 0.15% Add +168.7% 48,763 $12.0M
Pembroke Management, LTD 1.61% Add +23.8% 48,618 $12.0M
Martingale Asset Management L P 0.25% Reduce -45.5% 46,697 $11.5M
Vinva Investment Management Ltd 0.55% Reduce -3.6% 43,751 $11.0M
Balyasny Asset Management L.P. 0.03% Add +2240.8% 44,077 $10.9M
Stony Point Capital LLC 2.78% Reduce -42.6% 43,962 $10.8M
Fisher Asset Management 0.00% Reduce -3.0% 43,886 $10.8M
Manufacturers Life Insurance Company, The 0.01% Reduce -3.5% 42,966 $10.6M
Acadian Asset Management LLC 0.03% Reduce -91.4% 41,011 $10.1M
Mitsubishi UFJ Asset Management Co., Ltd. 0.01% Add +21.5% 39,860 $9.8M
Eagle Asset Management Inc. 0.05% Add +6.3% 37,636 $9.2M
Mackenzie Financial Corp. 0.01% Add +4.9% 35,860 $8.8M
Public Employees Retirement System of Ohio 0.03% Add +28.5% 35,627 $8.8M
MetLife Investment Management, LLC 0.05% Reduce -3.1% 35,256 $8.7M
Mutual of America Capital Management LLC 0.10% Reduce -3.9% 35,253 $8.7M
HSBC Holdings PLC 0.01% Reduce -17.3% 34,871 $8.6M
Dock Street Asset Management Inc. 1.19% Add +6.8% 34,612 $8.5M
Forsta Ap-Fonden 0.07% Reduce -11.7% 34,098 $8.4M
Jane Street Group, LLC 0.01% Add +905.7% 33,882 $8.4M
Trexquant Investment LP 0.12% Add +145.1% 33,183 $8.2M
Voya Investment Management LLC 0.01% Reduce -7.8% 32,509 $8.0M
Amalgamated Bank 0.07% Reduce -7.5% 31,886 $7.9M
Treasurer of the State of North Carolina 0.03% Reduce -7.3% 31,115 $7.7M
Truist Financial Corp. 0.01% Reduce -13.7% 30,816 $7.6M
Pictet Asset Management Holding SA 0.01% Add +31.9% 30,733 $7.6M
Citadel Advisors 0.01% Add +38.8% 30,017 $7.4M
Stifel Financial Corp. 0.01% Reduce -38.3% 29,748 $7.3M
APG Asset Management N.V. 0.01% Add +19.0% 31,543 $7.3M
Comerica Bank 0.03% Reduce -14.2% 29,384 $7.2M
Nomura Asset Management Co. Ltd. 0.02% Reduce -1.4% 29,367 $7.2M
Pinebridge Investments, L.P. 0.06% Reduce -40.9% 29,126 $7.2M
Danske Bank A/S 0.03% Reduce -52.9% 27,888 $6.9M
Osterweis Capital Management Inc. 0.45% Reduce -0.4% 27,793 $6.9M
LPL Financial LLC 0.00% Reduce -28.7% 27,561 $6.8M
Illinois Municipal Retirement Fund 0.10% No change 27,256 $6.7M
Regions Financial Corp. 0.05% Reduce -37.2% 27,185 $6.7M
Achmea Investment Management B.V. 0.12% Add +9.7% 26,467 $6.5M
Globeflex Capital L P 0.68% No change 26,319 $6.5M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.02% Add +116.0% 26,265 $6.5M
Yousif Capital Management, LLC 0.07% Reduce -8.0% 26,115 $6.4M
Jump Financial, LLC 0.13% Add +301.9% 25,644 $6.3M
State of Tennessee, Department of Treasury 0.02% No change 25,193 $6.2M
Badgley Phelps Wealth Managers, LLC 0.15% Add +5.6% 25,094 $6.2M
Marietta Investment Partners LLC 1.34% Reduce -1.0% 24,702 $6.1M
Engineers Gate Manager LP 0.14% Reduce -13.3% 24,656 $6.1M
Mn Services Vermogensbeheer B.V. 0.04% Reduce -2.0% 24,400 $6.0M
Capital Fund Management S.A. 0.07% Add +49.2% 23,635 $5.8M
Aberdeen Group plc 0.01% Reduce -2.3% 23,398 $5.8M
O'shaughnessy Asset Management, LLC 0.05% Reduce -14.7% 21,483 $5.3M
DekaBank Deutsche Girozentrale 0.01% Add +29.5% 21,121 $5.3M
Baron Capital (BAMCO) 0.02% Reduce -13.2% 21,389 $5.3M
State of New Jersey Common Pension Fund D 0.02% Reduce -37.1% 21,250 $5.2M
Larson Financial Group LLC 0.35% Add +0.2% 20,924 $5.2M
Erste Asset Management GmbH 0.07% Add +0.0% 20,772 $5.2M
State of Alaska, Department of Revenue 0.06% No change 20,804 $5.1M
Teachers Retirement System of the State of Kentucky 0.05% No change 20,612 $5.1M
Resona Asset Management Co.,Ltd. 0.03% Reduce -3.9% 19,993 $4.9M
Natixis Advisors, LLC 0.01% Reduce -2.3% 20,013 $4.9M
Bank of Montreal 0.00% Add +7.5% 19,594 $4.8M
Jensen Investment Management Inc. 0.04% No change 19,530 $4.8M
Ameritas Investment Partners, Inc. 0.17% Add +43.4% 19,496 $4.8M
Fjarde AP-fonden (The Fourth Swedish National Pensionfund) 0.05% — 19,076 $4.7M
Swedbank AB 0.01% No change 19,019 $4.7M
LGT Group Foundation 0.07% Reduce -3.3% 18,760 $4.6M
Qube Research & Technologies Ltd 0.01% Reduce -92.2% 18,494 $4.6M
Pacer Advisors, Inc. 0.01% Reduce -20.4% 18,008 $4.4M
Louisiana State Employees Retirement System 0.08% Reduce -1.7% 17,400 $4.3M
Vident Advisory, LLC 0.12% Add +5.2% 17,275 $4.3M
Arizona State Retirement System 0.03% Reduce -0.1% 16,913 $4.2M
Faithward Advisors, LLC 0.75% Add +1.1% 16,712 $4.1M
State of Michigan Retirement System 0.02% Add +3.1% 16,631 $4.1M
KBC Group NV 0.01% Reduce -78.3% 16,593 $4.1M
Chartwell Investment Partners, LLC 0.14% Reduce -1.4% 16,438 $4.1M
Xponance LLC 0.04% Reduce -6.2% 16,360 $4.0M
Commerce Bank 0.03% Add +5.0% 16,070 $4.0M
Orion Porfolio Solutions, LLC 0.04% Add +59.6% 15,666 $3.9M
Orion Portfolio Solutions, LLC 0.04% Add +59.6% 15,666 $3.9M
Van Eck Associates Corp. 0.01% Add +6.7% 15,597 $3.8M
GHP Investment Advisors, Inc. 0.19% No change 15,524 $3.8M
Healthcare of Ontario Pension Plan Trust Fund 0.01% Reduce -13.5% 15,000 $3.7M
Decatur Capital Management, Inc. 1.79% Add +2.6% 14,972 $3.7M
Thrivent Financial for Lutherans 0.01% Reduce -3.6% 14,877 $3.7M
Gotham Asset Management 0.05% Reduce -3.6% 14,873 $3.7M
Capital Insight Partners, LLC 0.67% Reduce -4.2% 14,347 $3.5M
First National Bank of Omaha 0.23% Add +11.8% 14,226 $3.5M
AustralianSuper Pty Ltd 0.02% Add +183.1% 14,091 $3.5M
Tower Research Capital LLC (TRC) 0.06% Add +315.1% 13,872 $3.4M
Oppenheimer Asset Management Inc. 0.04% Add +39.5% 13,872 $3.4M
Northwestern Mutual Investment Management Company, LLC 0.09% Add +0.1% 13,742 $3.4M
Bokf, NA 0.06% Reduce -3.7% 13,659 $3.4M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.02% Add +0.2% 13,647 $3.4M
IFM Investors Pty Ltd 0.03% No change 13,474 $3.3M
Cerity Partners LLC 0.01% Reduce -16.3% 13,460 $3.3M
ClariVest Asset Management LLC 0.34% Reduce -10.2% 13,381 $3.3M
Handelsbanken Fonder AB 0.01% No change 13,288 $3.3M
New Mexico Educational Retirement Board 0.11% No change 12,800 $3.2M
Oregon Public Employees Retirement Fund 0.06% Reduce -15.8% 12,781 $3.2M
Alaska Permanent Fund Corp 0.05% Add +0.5% 12,035 $3.1M
Kennedy Capital Management LLC 0.06% Add +41.5% 12,127 $3.0M
Assenagon Asset Management S.A. 0.01% Reduce -85.3% 11,834 $2.9M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% Add +60.4% 11,791 $2.9M
OMERS ADMINISTRATION Corp 0.03% New 11,635 $2.9M
Federation des caisses Desjardins du Quebec 0.01% Reduce -3.3% 10,669 $2.6M
Inspire Advisors, LLC 0.34% Add +190.1% 10,349 $2.6M
Tredje AP-fonden 0.02% Reduce -1.6% 10,212 $2.5M
Utah Retirement Systems 0.03% Reduce -5.6% 10,055 $2.5M
Calamos Advisors LLC 0.02% Reduce -12.4% 9,877 $2.4M
Inspire Investing, LLC 0.28% Reduce -1.4% 9,825 $2.4M
Vanguard Personalized Indexing Management, LLC 0.05% Add +8.5% 9,776 $2.4M
Federated Hermes, Inc. 0.01% Reduce -7.1% 9,748 $2.4M
DNB Asset Management AS 0.01% Add +11.3% 9,734 $2.4M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% — 9,535 $2.4M
Pathstone Holdings, LLC 0.01% Add +1.9% 9,547 $2.4M
Edgestream Partners, L.P. 0.11% Reduce -69.4% 9,397 $2.3M
US Bancorp \de 0.00% Add +6.1% 9,388 $2.3M
Vestmark Advisory Solutions, Inc. 0.10% Reduce -51.2% 9,322 $2.3M
NewEdge Wealth, LLC 0.05% Reduce -0.0% 9,315 $2.3M
First National Advisers, LLC 0.41% New 9,201 $2.3M
MML Investors Services, LLC 0.01% Reduce -33.1% 8,869 $2.2M
Osaic Holdings, Inc. 0.01% Add +53.6% 8,862 $2.2M
Korea Investment CORP 0.01% Reduce -19.2% 8,835 $2.2M
Cubist Systematic Strategies, LLC 0.04% Reduce -71.1% 8,706 $2.1M
Abacus FCF Advisors LLC 0.53% Reduce -6.9% 8,702 $2.1M
Peregrine Capital Management LLC 0.06% No change 8,510 $2.1M
Nisa Investment Advisors, LLC 0.01% Reduce -59.1% 8,439 $2.1M
Prudential PLC 0.01% No change 8,132 $2.0M
Storebrand Asset Management As 0.01% Reduce -16.1% 8,131 $2.0M
Assetmark, Inc. 0.01% Add +403.2% 8,126 $2.0M
1832 Asset Management L.P. 0.00% Reduce -79.3% 7,976 $2.0M
New York Life Investment Management LLC 0.02% Add +9.4% 7,656 $1.9M
South Dakota Investment Council 0.04% Reduce -0.1% 7,577 $1.9M
Mariner, LLC 0.00% Add +22.8% 7,568 $1.9M
Pitcairn Co. 0.11% Add +11.7% 7,556 $1.9M
Nissay Asset Management Corp. /Japan 0.01% Add +1.2% 7,419 $1.8M
Zions Bancorporation, N.A. 0.14% Reduce -3.6% 7,294 $1.8M
Creative Planning 0.00% Add +8.7% 7,279 $1.8M
DGS Capital Management, LLC 0.49% Reduce -4.0% 7,119 $1.8M
Blair William & Co. 0.01% Reduce -28.2% 6,766 $1.7M
CIBC Private Wealth Group LLC 0.00% Reduce -42.1% 6,731 $1.7M
Legacy Advisors, LLC 0.20% Add +1.3% 6,689 $1.7M
Paragon Capital Management Inc. 1.26% Add +1.6% 6,673 $1.6M
Linden Thomas Advisory Services, LLC 0.25% Reduce -9.6% 6,543 $1.6M
Vontobel Holding Ltd. 0.01% Add +237.7% 6,440 $1.6M
Prudential Financial Inc. 0.00% Reduce -57.3% 6,428 $1.6M
Atria Investments, Inc 0.02% Add +13.9% 6,348 $1.6M
Ossiam 0.03% Add +0.6% 6,322 $1.6M
Gulf International Bank (UK) Ltd 0.04% Reduce -1.2% 6,168 $1.5M
Cresset Asset Management, LLC 0.01% Add +47.6% 6,122 $1.5M
OneDigital Investment Advisors LLC 0.02% Add +43.5% 6,039 $1.5M
Susquehanna Fundamental Investments, LLC 0.03% New 6,014 $1.5M
Toronto Dominion Bank 0.00% Add +2.1% 5,992 $1.5M
Quantbot Technologies LP 0.07% Add +219.4% 5,922 $1.5M
Janney Montgomery Scott LLC 0.00% Add +29.6% 5,620 $1.4M
Henshaw Capital LLC 0.06% No change 5,493 $1.4M
Vestcor Inc 0.05% No change 5,456 $1.3M
M&T Bank Corp 0.00% Reduce -21.3% 5,423 $1.3M
Inceptionr LLC 0.38% Add +127.0% 5,408 $1.3M
Railway Pension Investments Ltd 0.02% New 5,400 $1.3M
Envestnet Portfolio Solutions, Inc. 0.00% Add +26.0% 5,348 $1.3M
Schonfeld Strategic Advisors LLC 0.01% Reduce -70.3% 5,034 $1.2M
SkyView Investment Advisors, LLC 0.22% Add +0.9% 5,018 $1.2M
Captrust Financial Advisors 0.00% Reduce -4.3% 5,015 $1.2M
Sumitomo Mitsui DS Asset Management Company, Ltd 0.01% Add +3.9% 4,989 $1.2M
Mercer Global Advisors Inc. 0.00% Add +0.7% 4,989 $1.2M
Securian Asset Management, Inc. 0.04% Reduce -3.8% 4,911 $1.2M
J. Safra Sarasin Holding AG 0.02% — 4,881 $1.2M
Guggenheim Capital LLC 0.01% Reduce -72.2% 4,824 $1.2M
Maryland State Retirement & Pension System 0.02% No change 4,815 $1.2M
Sanctuary Advisors, LLC 0.01% — 5,655 $1.2M
Independent Solutions Wealth Management, LLC 0.27% Add +7.6% 4,782 $1.2M
Fox Run Management, L.L.C. 0.22% New 4,759 $1.2M
Redhawk Wealth Advisors, Inc. 0.18% Reduce -6.9% 4,687 $1.2M
Gladius Capital Management LP 1.15% Add +5.8% 4,671 $1.2M
HighTower Advisors, LLC 0.00% Add +6.1% 4,701 $1.1M
Seven Eight Capital, LP 0.12% Add +59.7% 4,581 $1.1M
MBB Public Markets I LLC 0.02% New 4,546 $1.1M
Global Retirement Partners, LLC 0.03% Add +640.5% 4,384 $1.1M
Crossmark Global Holdings, Inc. 0.02% Reduce -10.4% 4,343 $1.1M
Daiwa Securities Group Inc. 0.01% Reduce -14.8% 4,300 $1.1M
Advisory Services Network, LLC 0.02% Add +4.6% 4,288 $1.1M
Aviva PLC 0.00% Reduce -61.8% 4,287 $1.1M
Cetera Investment Advisers 0.00% Add +9.0% 4,240 $1.0M
Gateway Investment Advisers LLC 0.01% New 4,215 $1.0M
Ontario Teachers Pension Plan Board 0.01% Reduce -15.0% 4,200 $1.0M
LBP Am SA 0.04% Add +17.2% 4,192 $1.0M
Caprock Group, LLC 0.04% New 4,150 $1.0M
Credit Agricole S A 0.01% Add +9418.6% 4,093 $1.0M
Raymond James Financial Services Advisors, Inc. 0.00% Add +13.0% 4,019 $991K
Daiichi Life Insurance Co., Ltd. 0.02% Reduce -69.7% 4,000 $987K
Qsemble Capital Management, LP 0.18% New 3,952 $975K
PAX Financial Group, LLC 0.19% New 3,900 $962K
Virtus Investment Advisers, LLC 0.87% Reduce -1.1% 3,876 $956K
Hennion & Walsh Asset Management, Inc. 0.05% Add +16.9% 3,872 $955K
Knollwood Investment Advisory, LLC 0.10% New 3,800 $937K
Quantum Private Wealth, LLC 0.33% Reduce -13.6% 3,795 $936K
Panagora Asset Management Inc. 0.00% Reduce -0.2% 3,762 $928K
Stephens Inc. 0.01% Add +1.0% 3,659 $903K
Park Avenue Securities LLC 0.01% Add +25.0% 3,534 $872K
Compton Wealth Advisory Group, LLC 0.23% No change 3,532 $871K
Ostrum Asset Management 0.08% Add +2.4% 3,489 $861K
Corient Private Wealth LP 0.00% Add +2.0% 3,453 $852K
Crew Capital Management, Ltd 0.66% Add +14.8% 3,328 $821K
Cibc World Markets Corp. 0.01% Add +31.7% 3,320 $819K
Ritholtz Wealth Management 0.03% Reduce -16.7% 3,315 $818K
Castleark Management LLC 0.03% Reduce -18.4% 3,280 $809K
B. Riley Wealth Advisors, Inc. 0.02% Reduce -25.3% 3,264 $805K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Reduce -90.6% 3,250 $802K
PNC Financial Services Group, Inc. 0.00% Add +26.4% 3,160 $780K
Greenwood Capital Associates LLC 0.10% New 3,117 $769K
Plato Investment Management Ltd 0.07% Add +0.2% 2,997 $739K
Kestra Private Wealth Services, LLC 0.01% Add +77.0% 2,989 $737K
WINTON GROUP Ltd 0.05% Reduce -29.6% 2,941 $725K
ProShare Advisors LLC 0.00% Reduce -3.3% 2,903 $716K
Fuller & Thaler Asset Management, Inc. 0.00% Add +138.1% 2,845 $702K
McLean Asset Management Corp 0.23% Add +0.1% 2,849 $702K
Tidal Investments LLC 0.01% Add +167.9% 2,813 $694K
nVerses Capital, LLC 0.41% New 2,800 $691K
Alpha DNA Investment Management LLC 0.39% Reduce -48.0% 2,785 $687K
MAI Capital Management 0.01% Reduce -22.1% 2,778 $685K
Bank of Nova Scotia 0.00% Reduce -8.0% 2,754 $679K
Mediolanum International Funds Ltd 0.01% No change 2,855 $670K
Coldstream Capital Management Inc. 0.02% Add +5.9% 2,709 $668K
Lisanti Capital Growth, LLC 0.16% Reduce -53.0% 2,685 $662K
Menard Financial Group LLC 0.47% Add +34.4% 2,683 $662K
Robertson Stephens Wealth Management, LLC 0.03% Reduce -20.1% 2,679 $661K
Moran Wealth Management, LLC 0.02% Add +61.6% 2,590 $639K
QRG Capital Management, Inc. 0.01% Add +3.9% 2,567 $633K
Tiaa Trust, National Association 0.00% No change 2,561 $632K
Northwestern Mutual Wealth Management Co. 0.00% Add +12.0% 2,559 $631K
Ethic Inc. 0.01% Reduce -5.6% 2,549 $629K
Cwm, LLC 0.00% Add +13.4% 2,524 $623K
Meiji Yasuda Asset Management Co Ltd. 0.02% Add +0.2% 2,461 $607K
MainStreet Investment Advisors LLC 0.07% Add +6.4% 2,459 $607K
Shelton Capital Management 0.02% Reduce -6.3% 2,437 $601K
Algert Global LLC 0.02% Add +26.8% 2,435 $601K
Janus Henderson Group PLC 0.00% Reduce -11.5% 2,430 $599K
Burney Co./ 0.02% Add +87.8% 2,390 $590K
Snowden Capital Advisors LLC 0.02% New 2,310 $570K
E. Ohman J:or Asset Management AB 0.01% No change 2,300 $567K
IFP Advisors, Inc 0.02% Add +57.8% 2,294 $566K
Sepio Capital, LP 0.05% Reduce -3.2% 2,271 $560K
Ground Swell Capital, LLC 0.53% New 2,225 $549K
Central Pacific Bank - Trust Division 0.07% Add +5.9% 2,178 $537K
Savant Capital, LLC 0.01% Reduce -37.2% 2,159 $533K
First Trust Direct Indexing L.P. 0.03% Add +35.9% 2,137 $527K
Freedom Investment Management, Inc. 0.04% Add +2.6% 2,135 $527K
Cavalier Investments, LLC 0.16% Add +3.0% 2,133 $526K
HighPoint Advisor Group LLC 0.03% Add +6.8% 2,062 $526K
Bridgewater Associates 0.00% New 2,123 $524K
Quent Capital, LLC 0.06% Reduce -0.4% 2,121 $523K
Fifth Third Wealth Advisors LLC 0.04% New 2,089 $515K
Wealth Enhancement Advisory Services, LLC 0.00% Add +15.6% 2,080 $513K
Quantum Financial Advisors, LLC 0.09% No change 2,053 $506K
MassMutual Private Wealth & Trust, FSB 0.02% Reduce -8.0% 2,039 $503K
Raymond James Trust N.A. 0.01% Reduce -7.0% 2,035 $502K
Chesley Taft & Associates LLC 0.03% Add +20.8% 2,035 $502K
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 0.02% New 2,003 $494K
Lattice Capital Management, LLC 0.39% New 2,000 $493K
Tributary Capital Management, LLC 0.04% New 2,000 $493K
Apollon Wealth Management, LLC 0.01% Reduce -44.4% 1,986 $490K
State of Wyoming 0.08% Add +24.6% 1,981 $489K
Penserra Capital Management LLC 0.01% Add +320.0% 1,978 $488K
Choreo, LLC 0.01% Add +35.8% 1,935 $475K
Harvest Fund Management Co., Ltd 0.03% Add +8.5% 1,898 $468K
Unique Wealth Strategies, LLC 0.22% No change 1,850 $463K
Wesbanco Bank Inc. 0.02% No change 1,876 $463K
Journey Strategic Wealth LLC 0.02% Add +45.1% 1,841 $454K
Invictus Private Wealth, LLC 0.04% Reduce -4.0% 1,825 $450K
Profund Advisors LLC 0.02% Reduce -26.6% 1,786 $441K
Bridges Investment Management Inc. 0.01% New 1,743 $430K
CIBC Asset Management Inc 0.00% No change 1,740 $429K
Accurate Wealth Management, LLC 0.10% Add +29.5% 1,776 $428K
Integrated Wealth Concepts LLC 0.01% Reduce -3.8% 1,733 $427K
PFW Advisors LLC 0.14% Reduce -2.9% 1,727 $426K
Matrix Private Capital Group LLC 0.26% No change 1,679 $414K
One Wealth Advisors, LLC 0.09% Reduce -31.4% 1,635 $405K
Townsquare Capital LLC 0.01% Add +16.4% 1,636 $404K
Fiduciary Trust Co 0.01% No change 1,616 $399K
Siemens Fonds Invest GmbH 0.03% No change 1,605 $396K
Avantax Advisory Services, Inc. 0.00% New 1,571 $388K
Chiron Investment Management, LLC 0.15% Reduce -40.9% 1,519 $375K
Great Lakes Advisors, LLC 0.00% Reduce -3.1% 1,516 $374K
Rafferty Asset Management, LLC 0.00% New 1,516 $374K
Janiczek Wealth Management, LLC 0.08% Add +0.9% 1,506 $372K
UniSuper Management Pty Ltd 0.00% Add +66.7% 1,500 $370K
Occudo Quantitative Strategies LP 0.06% New 1,471 $363K
Curated Wealth Partners LLC 0.05% — 1,446 $357K
B. Metzler seel. Sohn & Co. AG 0.00% Add +4.4% 1,418 $350K
SG Americas Securities, LLC 0.00% Reduce -89.7% 1,376 $339K
Alps Advisors Inc. 0.00% Reduce -0.1% 1,355 $334K
BI Asset Management Fondsmaeglerselskab A/S 0.01% Reduce -85.9% 1,355 $334K
D.A. Davidson & Co. 0.00% No change 1,322 $326K
Brown Advisory Inc. 0.00% Reduce -56.7% 1,297 $320K
Investment Management Corp of Ontario 0.01% Reduce -91.3% 1,287 $317K
Trust Point Inc. 0.03% Reduce -7.5% 1,282 $316K
Prospera Financial Services Inc 0.01% Reduce -3.9% 1,269 $313K
Private Advisor Group, LLC 0.00% Add +2.4% 1,263 $312K
Donoghue Forlines LLC 0.09% Reduce -83.0% 1,261 $311K
Mather Group, Llc. 0.00% Reduce -1.6% 1,233 $309K
Symmetry Partners, LLC 0.02% No change 1,240 $306K
TD Private Client Wealth LLC 0.01% No change 1,239 $306K
Gallacher Capital Management LLC 0.16% Reduce -29.3% 1,234 $304K
First Citizens Bank & Trust Co. 0.01% New 1,228 $303K
Mirae Asset Global Investments Co., Ltd. 0.00% New 1,204 $302K
Brevan Howard Capital Management LP 0.02% Reduce -39.0% 1,215 $300K
Signaturefd, LLC 0.01% Add +0.5% 1,209 $298K
Fidelis Capital Partners, LLC 0.04% Reduce -1.7% 1,239 $297K
Penobscot Investment Management Company, Inc. 0.03% No change 1,200 $296K
XTX Topco Ltd 0.03% Reduce -63.4% 1,189 $293K
Motley Fool Asset Management LLC 0.02% Add +0.1% 1,183 $290K
Cordatus Wealth Management LLC 0.11% New 1,174 $290K
Kolinsky Wealth Management, LLC 0.21% Reduce -50.5% 1,168 $288K
Two Sigma Securities, LLC 0.01% New 1,162 $287K
Evergreen Capital Management LLC 0.01% New 1,149 $283K
Parallel Advisors, LLC 0.01% Add +41.1% 1,143 $282K
Meeder Advisory Services, Inc. 0.02% Add +27.1% 1,131 $279K
Ieq Capital, LLC 0.00% Add +11.1% 1,126 $278K
Nomura Holdings Inc. 0.00% New 1,100 $271K
US Asset Management LLC 0.24% Reduce -0.6% 1,094 $270K
Fort, L.P. 0.68% Reduce -2.3% 1,085 $268K
Wealth Effects LLC 0.10% New 1,080 $266K
Arax Advisory Partners 0.02% New 1,016 $251K
Argent Trust Co 0.01% Add +14.1% 1,006 $248K
Forum Financial Management, LP 0.00% Add +3.9% 1,002 $247K
Nicolet Bankshares Inc. 0.05% No change 999 $246K
Bradley Foster & Sargent Inc. 0.00% New 988 $244K
Capula Management Ltd 0.00% New 969 $239K
Aptus Capital Advisors, LLC 0.00% Reduce -0.1% 962 $237K
&partners 0.01% New 944 $233K
Somerset Trust Co 0.10% No change 939 $232K
iA Global Asset Management Inc. 0.00% Add +29.1% 937 $231K
Compound Planning, Inc. 0.02% New 936 $231K
Laird Norton Wetherby Wealth Management, LLC 0.01% Reduce -15.3% 930 $229K
Guardian Wealth Advisors, LLC / NC 0.03% No change 929 $229K
Ifrah Financial Services, Inc. 0.06% Reduce -10.9% 928 $229K
Tocqueville Asset Management L.P. 0.00% Reduce -2.4% 910 $224K
Seeds Investor LLC 0.11% New 906 $223K
Arden Trust Co 0.03% Add +0.8% 900 $222K
Olympiad Research LP 0.16% Reduce -54.0% 893 $220K
Meiji Yasuda Life Insurance Co 0.00% New 890 $220K
Procyon Advisors, LLC 0.02% Add +0.7% 888 $219K
First Nebraska Trust Co 0.02% No change 881 $217K
Kestra Advisory Services, LLC 0.00% Add +17.0% 1,025 $213K
Rakuten Investment Management, Inc. 0.00% Add +58.9% 847 $213K
Berry Wealth Group, LP 0.17% Reduce -12.7% 861 $212K
Prelude Capital Management, LLC 0.02% Reduce -60.1% 857 $211K
Claret Asset Management Corp 0.04% New 854 $211K
Ascent Group, LLC 0.02% Reduce -17.0% 855 $211K
Steward Partners Investment Advisory, LLC 0.00% Reduce -49.6% 851 $210K
Swiss Life Asset Management Ltd 0.00% Reduce -93.3% 846 $209K
Optimist Retirement Group LLC 0.11% Add +4.9% 840 $207K
Lantz Financial LLC 0.06% Reduce -0.8% 836 $206K
CreativeOne Wealth, LLC 0.01% Reduce -74.8% 838 $206K
McGlone Suttner Wealth Management, Inc. 0.04% New 953 $205K
Kathmere Capital Management, LLC 0.02% Reduce -16.0% 830 $205K
Huntington National Bank 0.00% Add +0.7% 830 $205K
Scientech Research LLC 0.04% Reduce -58.3% 829 $204K
Smartleaf Asset Management LLC 0.03% Add +6.9% 805 $202K
GAMMA Investing LLC 0.03% Add +11.4% 804 $198K
Hills Bank & Trust Co 0.02% New 784 $193K
Quadrant Capital Group LLC 0.01% Add +6.5% 740 $183K
Covestor Ltd 0.11% Add +7.7% 673 $166K
V-Square Quantitative Management LLC 0.03% New 672 $166K
Painted Porch Advisors LLC 0.09% New 654 $161K
HM Payson & Co. 0.00% Reduce -17.7% 647 $160K
Sunbelt Securities, Inc. 0.02% Reduce -18.2% 637 $157K
Farther Finance Advisors, LLC 0.01% Add +309.1% 626 $154K
Fifth Third Bancorp 0.00% Add +7.1% 590 $146K
Blue Trust, Inc. 0.00% Add +238.4% 555 $139K
EntryPoint Capital, LLC 0.06% New 518 $128K
Virtus Fund Advisers, LLC 0.49% Add +3.9% 505 $125K
Principal Securities, Inc. 0.00% Reduce -3.8% 451 $111K
Harbor Investment Advisory, LLC 0.01% Add +25.6% 417 $103K
Natixis Investment Managers International 0.01% Add +59.0% 396 $98K
Archer Investment Corp 0.03% No change 385 $95K
Private Trust Co. NA 0.01% Add +15.0% 383 $94K
Bank Julius Baer & Co. Ltd, Zurich 0.00% New 315 $87K
Compass Wealth Management LLC 0.02% No change 348 $86K
Whittier Trust Co. 0.00% No change 271 $67K
Walleye Trading LLC 0.00% Reduce -63.0% 259 $64K
UMB Bank, n.a. 0.00% Reduce -11.9% 258 $64K
LGT Financial Advisors LLC 0.13% No change 251 $62K
Raleigh Capital Management Inc. 0.03% Reduce -29.4% 247 $61K
Hexagon Capital Partners LLC 0.01% Reduce -0.8% 247 $61K
National Bank of Canada 0.00% Add +1.2% 248 $61K
Allworth Financial LP 0.00% Add +46.6% 277 $61K
Concourse Financial Group Securities, Inc. 0.00% Add +38.8% 236 $58K
First Horizon Advisors, Inc. 0.00% Add +226.8% 232 $57K
CI Investments Inc. 0.00% Reduce -67.5% 223 $55K
Lindbrook Capital, LLC 0.00% Add +1.4% 211 $52K
NewEdge Advisors, LLC 0.00% Reduce -29.2% 184 $45K
Creative Financial Designs Inc. 0.00% Add +275.0% 180 $44K
CENTRAL TRUST Co 0.00% Reduce -49.5% 168 $41K
Pin Oak Investment Advisors Inc. 0.04% New 161 $40K
Rise Advisors, LLC 0.02% No change 159 $39K
Eagle Bay Advisors LLC 0.02% Reduce -50.2% 155 $38K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.01% New 149 $37K
DT Investment Partners, LLC 0.00% New 125 $31K
Ashton Thomas Private Wealth, LLC 0.00% New 124 $31K
Livforsakringsbolaget Skandia, Omsesidigt 0.00% No change 121 $30K
Benjamin Edwards Inc. 0.01% Add +10.3% 118 $29K
EverSource Wealth Advisors, LLC 0.00% Add +12.1% 111 $28K
International Assets Investment Management, LLC 0.00% New 110 $27K
Jones Financial Companies LLLP 0.00% Reduce -9.2% 109 $27K
Innealta Capital, LLC 0.01% New 105 $26K
St Germain D J Co. Inc. 0.00% No change 97 $24K
Parkside Financial Bank & Trust 0.00% Reduce -30.6% 93 $23K
Front Row Advisors LLC 0.01% Reduce -5.2% 91 $22K
Coppell Advisory Solutions LLC 0.00% — 91 $22K
WealthCollab, LLC 0.02% No change 88 $22K
Contravisory Investment Management, Inc. 0.00% Reduce -30.1% 86 $21K
Tobam 0.00% Reduce -17.8% 83 $20K
SJS Investment Consulting Inc. 0.00% No change 77 $19K
Bell Investment Advisors, Inc 0.00% Reduce -2.6% 76 $19K
REAP Financial Group, LLC 0.00% Add +8.5% 64 $16K
Frazier Financial Advisors, LLC 0.01% Reduce -22.5% 62 $15K
Tyler-Stone Wealth Management 0.01% No change 60 $15K
Proffitt & Goodson Inc. 0.00% New 55 $14K
Harbour Investments, Inc. 0.00% Reduce -36.0% 55 $14K
Mechanics Financial Corp 0.01% No change 55 $14K
Rogco, LP 0.01% Reduce -23.6% 55 $14K
Ibex Wealth Advisors 0.00% New 53 $13K
Park Place Capital Corp 0.00% Reduce -77.8% 52 $13K
Creekmur Asset Management LLC 0.00% Reduce -12.3% 50 $12K
JFS Wealth Advisors, LLC 0.00% No change 43 $11K
Bogart Wealth, LLC 0.00% No change 43 $11K
Private Wealth Management Group, LLC 0.00% Add +180.0% 42 $10K
Venturi Wealth Management, LLC 0.00% Reduce -42.5% 42 $10K
Beacon Capital Management, LLC 0.00% New 35 $9K
SOA Wealth Advisors, LLC. 0.00% No change 30 $7K
Key Financial Inc 0.00% No change 28 $7K
Farmers & Merchants Investments Inc. 0.00% No change 26 $6K
Montag A & Associates Inc. 0.00% No change 25 $6K
Prestige Wealth Management Group LLC 0.00% No change 24 $6K
Clearstead Trust, LLC 0.00% No change 23 $6K
Versant Capital Management, Inc 0.00% No change 23 $6K
Asset Dedication, LLC 0.00% No change 22 $5K
Opal Wealth Advisors, LLC 0.00% New 21 $5K
Cullen/Frost Bankers, Inc. 0.00% New 21 $5K
Altshuler Shaham Ltd 0.00% Add +13.3% 17 $4K
Hantz Financial Services, Inc. 0.00% No change 16 $4K
Cohen & Steers, Inc. 0.00% New 16 $4K
CVA Family Office, LLC 0.00% New 16 $4K
Colonial Trust Co / SC 0.00% Reduce -91.7% 16 $4K
Webster Bank, N. A. 0.00% No change 14 $3K
VitalStone Financial, LLC 0.00% New 13 $3K
Clearstead Advisors, LLC 0.00% No change 12 $3K
Fortitude Family Office, LLC 0.00% No change 12 $3K
Colonial Trust Advisors 0.00% New 12 $3K
Oliver Lagore Vanvalin Investment Group 0.00% No change 11 $3K
Provenance Wealth Advisors, LLC 0.00% No change 11 $3K
Anchor Investment Management, LLC 0.00% No change 10 $2K
Avior Wealth Management, LLC 0.00% No change 10 $2K
Financial Management Professionals, Inc. 0.00% No change 7 $2K
DiNuzzo Private Wealth, Inc. 0.00% Add +14.3% 8 $2K
Westside Investment Management, Inc. 0.00% New 8 $2K
West Paces Advisors Inc. 0.00% No change 8 $2K
AdvisorNet Financial, Inc 0.00% No change 7 $2K
Johnson Financial Group, Inc. 0.00% New 7 $2K
Continuum Advisory, LLC 0.00% New 6 $1K
LRI Investments, LLC 0.00% No change 6 $1K
Longfellow Investment Management Co. LLC 0.00% No change 5 $1K
Tortoise Investment Management, LLC 0.00% No change 5 $1K
Sachetta, LLC 0.00% New 4 $1K
Avion Wealth 0.00% No change 7 $1K
RFP Financial Group LLC 0.00% No change 4 $987
WR Wealth Planners, LLC 0.00% No change 4 $987
True Wealth Design, LLC 0.00% Add +50.0% 3 $741
Manchester Capital Management LLC 0.00% No change 2 $494
Abich Financial Wealth Management LLC 0.00% Reduce -89.5% 2 $493
Country Trust Bank 0.00% New 2 $493
MV Capital Management, Inc. 0.00% New 1 $247
AlphaQuest LLC 0.00% Reduce -99.9% 1 $247
McClarren Financial Advisors, Inc. 0.00% Add +12200.0% 246 $0

"% of holder's portfolio" is MANH's weight in each manager's 13F, not the share of Manhattan Associates Inc. the manager owns.