A position sensor comprises a waveguide of a magnetostrictive material, which extends along a measurement path and which is configured for conducting mechanical pulses triggered by magnetostriction, and a housing for the waveguide. A positioning element is provided which is elastic at least regionally; which is held in the housing while being deformed; and which has a recess which extends along the measurement path and forms a receiver for the waveguide. In the position sensor in accordance with the invention, the recess has a slit which extends along the measurement path; which, viewed in a cross-sectional plane, reaches from a reception section up to a boundary of the positioning element; and which enables a lateral insertion of the waveguide into the reception section. The invention furthermore comprises a method of manufacturing a position sensor in accordance with the invention.