FIRST MANHATTAN CO. LLC

Overview

First Manhattan Co LLC is a privately held investment adviser that manages a concentrated, equity-oriented portfolio mix for high-net-worth individuals, families and institutional clients. The firm runs discretionary separate accounts at scale, uses managed pooled vehicles it sponsors or serves as GP for, and supplements public equity exposure with third‑party alternative managers and in-house private funds. Fee arrangements combine percentage-of-AUM billing with performance-based fees on certain strategies, which aligns the firm’s economics with outcomes on select mandates. Investment behavior shows a clear tilt toward liquid, exchange‑traded equities as the core of client portfolios, while mutual funds and externally managed alternative strategies are used to fill specific exposures and return objectives. First Manhattan Co LLC is recognized in the industry, appearing on Barron’s Top 100 RIA list for 2025.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices