First Manhattan Co. Llc Q2 2026 Investment Activity
First Manhattan Co. Llc held a portfolio worth $38.1 billion as of June 30, 2026. This filing details observable changes in their holdings during the quarter.
By Insiderset.Aug 17, 2026, 7:17 PM
Technology Sector Changes
This quarter saw notable shifts within First Manhattan's Technology sector holdings. The investor significantly increased exposure to several tech companies while reducing positions in others.
- Their position in UBER TECHNOLOGIES INC (UBER) grew substantially, with a 446.2% increase in shares and the stock now representing 0.63% of their portfolio.
- BOOKING HOLDINGS INC (BKNG) also experienced a large purchase, with over 2545% share growth and currently holds 0.49% of the portfolio.
- QXO INC (QXO) was a significant new addition, purchased at an average price yielding $84 million in value and now accounts for 0.21%.
- In contrast, INTEL CORP (INTC) saw a reduction of 1.8% in its portfolio allocation during the quarter.
Financial Services Sector Changes
The Financial Services sector also reflected changes in First Manhattan's investment strategy this quarter:
- BROOKFIELD CORP (BN) experienced a decrease of 2.8% in its portfolio allocation, with share reductions.
- KINSALE CAP GROUP INC (KNSL), despite being categorized under Financial Services, saw an almost 70% reduction in its stake during the quarter.
Healthcare and Other Sectors
In Healthcare, BOSTON SCIENTIFIC CORP (BSX) was divested entirely from First Manhattan's portfolio following a nearly 65.4% share reduction.
- LUCID DIAGNOSTICS INC (LUCD), holding just 0.01% of the portfolio, saw a significant increase in its position with over 576% share growth.
In other sectors:
- COPART INC (CPRT) was divested entirely from First Manhattan's portfolio following a nearly 62.7% share reduction.
- ORGANON & CO (OGN) saw its stake reduced by almost half, with a significant allocation decrease of -46.9% in shares.
No Activity Disclosed
The filing does not disclose any activity for certain sectors or specific holdings:
- There is no information regarding changes to the investor's position in AMRIZE LTD (AMRZ).
- No purchases or sales are mentioned for positions categorized as "Unknown".