GW&K Investment Management Reduces Stake in Manhattan Associates

Hedge fund trims holdings in software company by 20.5% in Q3

Published on Mar. 5, 2026

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GW&K Investment Management LLC reduced its stake in Manhattan Associates, Inc. (NASDAQ:MANH) by 20.5% during the third quarter, according to a recent 13F filing with the SEC. The hedge fund now owns 237,208 shares of the software maker, down from 298,511 shares previously.

Why it matters

Manhattan Associates is a leading provider of supply chain and omnichannel commerce software solutions. GW&K's reduction in its position could signal a shift in investor sentiment around the company's future prospects or valuation.

The details

According to the 13F filing, GW&K Investment Management sold 61,303 shares of Manhattan Associates during the third quarter. The firm now owns approximately 0.39% of the company's outstanding shares, valued at $48.6 million. Manhattan Associates' stock has seen significant volatility in recent months, with the share price declining from a 52-week high of $247.22 to the current level around $143.

  • GW&K Investment Management filed its 13F report for the third quarter of 2026.

The players

GW&K Investment Management LLC

An investment management firm that provides portfolio management services to institutional and individual clients.

Manhattan Associates, Inc.

A provider of supply chain and omnichannel commerce software solutions for retailers, manufacturers, and logistics companies.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The reduction in GW&K's stake in Manhattan Associates could signal a broader shift in investor sentiment around the company's future prospects, as the software maker navigates a volatile market environment and faces potential headwinds in the supply chain and logistics sectors.