The 82 year old billonaire George Soros of the Soros' investment fund bought about 3.1 million Class A shares in the club, according to the Securities and Exchange Commission.
Class A shares carry less voting power than Class B shares.
His shares equate to a 1.9% stake in the entire club, worth about $40.7m (£25.8m) at Monday's closing price.
Manchester United floated on the US stock market earlier this month, valuing the club at more than $2.3bn (£1.46bn), making it one of the biggest sports clubs in the world.
But since its 10 August listing, its share price has fallen 6.7%.
Manchester United has been controlled since 2005 by the Glazer family, the billionaire US sports investors who also own the Tampa Bay Buccaneers American football franchise.
About half of the $233m that the club raised from its flotation will go to paying off the club's debts, with the rest going to the Glazers.
Manchester United's shares on Monday closed down 2.7% at $13.06, after hitting a fresh low of $12.91 earlier in the day.
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