FIRST MANHATTAN CO. LLC.

Other Low signal CIK 728083
League rank
#1170
in Other · #4454 overall
Long book
$36.06B
Q1 2026
Positions
753
Top-10 weight
54%
concentration
Last quarter
+10.8%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

FIRST MANHATTAN CO. LLC. is an institutional manager, running a $36.06B US long book across 753 positions.

The portfolio is concentrated: the top 10 names carry 54% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: BERKSHIRE HATHAWAY INC-CL A, MICROSOFT CORP, APPLE INC, ALPHABET INC-CL C, ASML HOLDING NV-NY REG SHS.

Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.0%
Q2 2024
+10.0%
Q3 2024
+0.7%
Q4 2024
+2.3%
Q1 2025
+2.9%
Q2 2025
+6.4%
Q3 2025
+0.8%
Q4 2025
-5.6%
Q1 2026
+10.8%

Sector allocation

Financials
42%
Technology
26%
Industrials
8%
Consumer discretionary
8%
Services media
5%
Real estate
3%
Healthcare
3%
Other
2%

Long book by quarter

$30.86B
Q1 2024
$31.19B
Q2 2024
$33.73B
Q3 2024
$34.09B
Q4 2024
$34.28B
Q1 2025
$35.42B
Q2 2025
$37.86B
Q3 2025
$38.09B
Q4 2025
$36.06B
Q1 2026

What does FIRST MANHATTAN own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials14.0K$10.03B27.8%-0.8%
MSFT MICROSOFT CORPTechnology4.4M$1.62B4.5%+0.3%
AAPL APPLE INCTechnology5.0M$1.27B3.5%-3.0%
GOOG ALPHABET INC-CL CTechnology4.1M$1.16B3.2%-3.3%
ASML ASML HOLDING NV-NY REG SHSIndustrials754.4K$996.4M2.8%-4.8%
BN BROOKFIELD CORPReal estate23.3M$940.0M2.6%-2.2%
AZO AUTOZONE INCConsumer discretionary261.8K$884.4M2.5%+0.2%
KKR KKR & CO INCFinancials9.4M$869.0M2.4%+9.3%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.8M$864.3M2.4%-2.7%
AMZN AMAZON.COM INCConsumer discretionary3.3M$677.9M1.9%+52.6%
AVGO BROADCOM INCTechnology2.2M$675.7M1.9%-1.3%
ORCL ORACLE CORPTechnology3.9M$579.6M1.6%-1.1%
AMAT APPLIED MATERIALS INCTechnology1.5M$514.5M1.4%-20.2%
TPL TEXAS PACIFIC LAND CORPFinancials1.1M$504.3M1.4%+4.9%
CRM SALESFORCE INCTechnology2.6M$493.8M1.4%-0.8%
LB LANDBRIDGE CO LLC-AFinancials7.1M$487.3M1.4%+2.8%
V VISA INC-CLASS A SHARESServices media1.5M$468.1M1.3%+19.2%
HON HONEYWELL INTERNATIONAL INCIndustrials2.0M$447.7M1.2%+3.7%
SPGI S&P GLOBAL INCServices media1.0M$445.2M1.2%+64.9%
DHR DANAHER CORPTechnology2.3M$444.2M1.2%+1.2%
NVDA NVIDIA CORPTechnology2.5M$443.5M1.2%+25.1%
GOOGL ALPHABET INC-CL ATechnology1.5M$436.1M1.2%-5.4%
TMO THERMO FISHER SCIENTIFIC INCOther767.2K$377.4M1.0%-0.2%
LIN LINDE PLCMaterials712.6K$353.3M1.0%-1.2%
SNPS SYNOPSYS INCTechnology848.6K$336.4M0.9%+8.2%
LOW LOWE'S COS INCConsumer discretionary1.4M$330.7M0.9%-6.6%
BSX BOSTON SCIENTIFIC CORPHealthcare4.9M$308.2M0.9%+161.0%
PM PHILIP MORRIS INTERNATIONALConsumer staples1.8M$295.7M0.8%-2.2%
UNH UNITEDHEALTH GROUP INCFinancials1.0M$278.1M0.8%-24.1%
INTC INTEL CORPTechnology5.7M$251.1M0.7%+93.3%
GEV GE VERNOVA INCIndustrials273.4K$238.7M0.7%-1.0%
AMRZ AMRIZE LTDIndustrials3.9M$220.6M0.6%-2.4%
KNSL KINSALE CAPITAL GROUP INCFinancials616.0K$210.5M0.6%+0.2%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary2.3M$209.4M0.6%-0.7%
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology1.0M$199.7M0.6%-40.0%
ALLY ALLY FINANCIAL INCFinancials4.6M$179.8M0.5%-2.3%
MAR MARRIOTT INTERNATIONAL -CL AServices media537.6K$175.8M0.5%-0.5%
JNJ JOHNSON & JOHNSONHealthcare709.9K$173.5M0.5%+3.4%
BKNG BOOKING HOLDINGS INCIndustrials41.2K$173.3M0.5%+6303.0%
MCD MCDONALD'S CORPConsumer discretionary540.3K$167.9M0.5%-4.3%
ICE INTERCONTINENTAL EXCHANGE INFinancials1.0M$160.4M0.4%-9.3%
UNP UNION PACIFIC CORPIndustrials655.3K$159.0M0.4%-8.8%
CSL CARLISLE COS INCOther444.3K$148.2M0.4%+1.3%
AXP AMERICAN EXPRESS COFinancials459.7K$139.0M0.4%-4.2%
VRT VERTIV HOLDINGS CO-ATechnology552.1K$138.3M0.4%-18.6%
ABBV ABBVIE INCHealthcare604.8K$131.5M0.4%-0.3%
BALL BALL CORPIndustrials2.0M$119.5M0.3%-0.6%
MTCH MATCH GROUP INCTechnology3.7M$113.2M0.3%+3.6%
META META PLATFORMS INC-CLASS ATechnology189.6K$108.4M0.3%-2.2%
BL BLACKLINE INCTechnology2.7M$99.0M0.3%+10.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026753$36.06B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026729$38.09B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025714$37.86B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025698$35.42B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025678$34.28B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025680$34.09B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024682$33.73B canonicalSEC ↗
Q2 202413F-HR/ARESTATEMENTAug 15, 2024669$31.19B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024669$31.18B SEC ↗
Q1 202413F-HRMay 15, 20241417$30.86B canonicalSEC ↗