§ 13F · FUND PROFILE
FIRST MANHATTAN CO. LLC..
Concentrated value, long-term holdings
AUM · $39.2B (13F)Positions · 742Turnover · 77% · Q1Filed · Aug 14, 2026
CONCENTRATION
54%
Top 10 holdings
NEW BUYS
+69
+$1.1B deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-2pp · +2pp
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED AUG 14, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | BRK/A | BERKSHIRE HATHAWAY INC DEL | 14K | $10.3B | 26.3% | −1% |
| 2 | MSFT | MICROSOFT CORP | 4.35M | $1.6B | 4.1% | −1% |
| 3 | ASML | ASML HLDG NV | 718K | $1.4B | 3.6% | −5% |
| 4 | AAPL | APPLE INC | 4.94M | $1.4B | 3.6% | −2% |
| 5 | GOOG | ALPHABET INC | 3.93M | $1.4B | 3.5% | −3% |
| 6 | BN | BROOKFIELD CORP | 22.61M | $964M | 2.5% | −3% |
| 7 | AMAT | APPLIED MATLS INC | 1.24M | $897M | 2.3% | −18% |
| 8 | BRK/B | BERKSHIRE HATHAWAY INC DEL | 1.78M | $890M | 2.3% | −1% |
| 9 | KKR | KKR & CO INC | 9.42M | $864M | 2.2% | ±0% |
| 10 | AZO | AUTOZONE INC | 262K | $838M | 2.1% | ±0% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other23.5% (+2pp)
Technology12.6% (−2pp)
Financial Services10.0% (±0)
Semiconductors8.2% (+1pp)
Retail6.2% (+1pp)
Media5.8% (−1pp)
§ 03 · THE FIRST SIGNAL
AC read
FIRST MANHATTAN CO. LLC. is a Deep Value fund managing $39.2 billion in assets. The fund runs a broad portfolio of 742 positions, moderate concentration, with the top 10 positions making up 54% of the portfolio. Trading activity is aggressive at 77% quarterly turnover, with 69 new positions and 0 exits last quarter. Top sector allocations: Other (24%), Technology (13%), Financial Services (10%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
3 OF 2 FILINGS MEASURED
Q1 2026
Busy quarter
+69 buys · −0 exits · 508 changed
Q4 2025
Busy quarter
+55 buys · −0 exits · 523 changed
Q3 2025
Busy quarter
+714 buys · −0 exits · 0 changed