First Manhattan Co. LLC is an SEC-registered investment adviser based in New York, NY that reports managing 3 hedge funds on Form ADV. It reports $38.1 billion in regulatory assets under management. Its private funds, of all types, hold $865.5 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +3.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +26.8% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $38.1 billionForm ADV Item 5.F
- Gross assets of private funds
- $865.5 millionAll private fund types, Form ADV
- Hedge funds managed
- 39 private funds in total
- Employees
- 147Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 325281
- Latest Form ADV
- 08/13/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +10.2% | +14.8% |
| Q1 2026 | -5.8% | -4.6% |
| Q4 2025 | -0.3% | +2.4% |
| Q3 2025 | +6.2% | +7.8% |
| Q2 2025 | +2.4% | +10.4% |
| Q1 2025 | +2.2% | -4.5% |
| Q4 2024 | +0.3% | +2.1% |
| Q3 2024 | +9.8% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Berkshire Hathaway Inc Del$10.3 billion
- Microsoft Corp Com$1.6 billion
- Asml Holding N.V.$1.4 billion
- Apple Inc Com$1.4 billion
- Alphabet, Inc Non-voting Class$1.4 billion
- Brookfield Corp$964.4 million
- Applied Matls Inc Com$896.8 million
- Berkshire Hathaway Inc Del CL B New$889.6 million
- KKR & Co Inc CL A$864.2 million
- Autozone Inc$837.8 million
As of 2026-06-30, from 13F filing by First Manhattan Co. Llc..
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures