William Blair Investment Management Reduces Stake in Manhattan Associates

The investment firm sold 160,406 shares of the software company in the third quarter.

Published on Mar. 2, 2026

William Blair Investment Management LLC reduced its holdings in shares of Manhattan Associates, Inc. (NASDAQ:MANH) by 17.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund now owns 747,928 shares of the software maker's stock, valued at $153,310,000.

Why it matters

This filing provides insight into the investment strategies and portfolio changes of William Blair Investment Management, a major institutional investor. The reduction in Manhattan Associates shares could signal a shift in the firm's outlook on the software company's performance or growth prospects.

The details

According to the 13F filing, William Blair Investment Management sold 160,406 shares of Manhattan Associates during the third quarter. The investment firm now owns approximately 1.24% of the software company's outstanding shares. Manhattan Associates is a provider of supply chain and omnichannel commerce software solutions.

  • The filing covers the third quarter of the year.

The players

William Blair Investment Management LLC

An investment management firm that provides a range of investment strategies and solutions to institutional and private clients worldwide.

Manhattan Associates, Inc.

A provider of supply chain and omnichannel commerce software solutions designed to optimize the flow of goods, information, and funds across enterprise operations.

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The takeaway

This filing highlights the ongoing portfolio adjustments and investment decisions made by major institutional investors like William Blair Investment Management. It provides a window into how large funds are viewing the performance and prospects of companies like Manhattan Associates within the broader market environment.