If you mean if there is a multi-threaded CPU processing on a single query, there is a little, but if you talking about the memory manager, it is mainly serial.
Try to activate the enable-debug-timer on an omnisci instance to experiment how the software works.
This is a log of a simple query ran on a cold started instance.
I0207 08:08:45.705850 5948 Calcite.cpp:376] User mapd catalog mapd sql 'select avg(arrdelay) from flights ;'
I0207 08:08:46.122820 5955 FileMgr.cpp:183] Completed Reading table's file metadata, Elapsed time : 6ms Epoch: 1 files read: 15 table location: '/opt/mapd_storage/data/mapd_data/table_1_169/'
I0207 08:08:46.126930 5955 Catalog.cpp:2934] Instantiating Fragmenter for table flights took 10ms
I0207 08:08:46.263607 5948 Calcite.cpp:395] Time in Thrift 5 (ms), Time in Java Calcite server 552 (ms)
I0207 08:08:46.263666 5948 measure.h:80] Timer end parse_to_ra parse_to_ra: 4692 elapsed 558 ms
I0207 08:08:46.263679 5948 measure.h:73] Timer start execute_rel_alg execute_rel_alg: 3935
I0207 08:08:46.263691 5948 measure.h:73] Timer start getExecutor getExecutor: 109
I0207 08:08:46.263701 5948 measure.h:80] Timer end getExecutor getExecutor: 109 elapsed 0 ms
I0207 08:08:46.263711 5948 measure.h:73] Timer start executeRelAlgQuery executeRelAlgQuery: 119
I0207 08:08:46.263716 5948 measure.h:73] Timer start executeRelAlgQueryNoRetry executeRelAlgQueryNoRetry: 138
I0207 08:08:46.263850 5948 measure.h:73] Timer start executeRelAlgSeq executeRelAlgSeq: 359
I0207 08:08:46.263860 5948 measure.h:73] Timer start executeRelAlgStep executeRelAlgStep: 395
I0207 08:08:46.263893 5948 measure.h:73] Timer start executeWorkUnit executeWorkUnit: 1621
I0207 08:08:46.263900 5948 measure.h:73] Timer start get_table_infos get_table_infos: 259
I0207 08:08:46.263909 5948 measure.h:80] Timer end get_table_infos get_table_infos: 259 elapsed 0 ms
I0207 08:08:46.263916 5948 measure.h:73] Timer start Exec_executeWorkUnit executeWorkUnit: 986
I0207 08:08:46.263947 5948 measure.h:73] Timer start execution_dispatch_comp executeWorkUnit: 1032
I0207 08:08:46.264796 5948 measure.h:73] Timer start buildJoinLoops buildJoinLoops: 189
I0207 08:08:46.264811 5948 measure.h:80] Timer end buildJoinLoops buildJoinLoops: 189 elapsed 0 ms
I0207 08:08:46.484344 5948 measure.h:80] Timer end execution_dispatch_comp executeWorkUnit: 1032 elapsed 220 ms
I0207 08:08:46.484449 5971 measure.h:73] Timer start execution_dispatch_run operator(): 1056
I0207 08:08:46.484474 5971 measure.h:73] Timer start fetchChunks fetchChunks: 1682
I0207 08:08:46.485982 5971 BufferMgr.cpp:309] ALLOCATION slab of 4194304 pages (2147483648B) created in 1 ms GPU_MGR:0
I0207 08:08:46.486006 5971 BufferMgr.cpp:309] ALLOCATION slab of 8388608 pages (4294967296B) created in 0 ms CPU_MGR:0
I0207 08:08:46.567407 5971 measure.h:80] Timer end fetchChunks fetchChunks: 1682 elapsed 82 ms
I0207 08:08:46.567466 5971 measure.h:73] Timer start executePlanWithoutGroupBy executePlanWithoutGroupBy: 1941
I0207 08:08:46.567474 5971 measure.h:73] Timer start lauchGpuCode launchGpuCode: 97
I0207 08:08:46.572422 5971 measure.h:80] Timer end lauchGpuCode launchGpuCode: 97 elapsed 4 ms
I0207 08:08:46.574157 5971 measure.h:80] Timer end executePlanWithoutGroupBy executePlanWithoutGroupBy: 1941 elapsed 6 ms
I0207 08:08:46.574188 5971 measure.h:80] Timer end execution_dispatch_run operator(): 1056 elapsed 89 ms
I0207 08:08:46.574270 5948 measure.h:80] Timer end Exec_executeWorkUnit executeWorkUnit: 986 elapsed 310 ms
I0207 08:08:46.574337 5948 measure.h:80] Timer end executeWorkUnit executeWorkUnit: 1621 elapsed 310 ms
I0207 08:08:46.574347 5948 measure.h:80] Timer end executeRelAlgStep executeRelAlgStep: 395 elapsed 310 ms
I0207 08:08:46.574352 5948 measure.h:80] Timer end executeRelAlgSeq executeRelAlgSeq: 359 elapsed 310 ms
I0207 08:08:46.574370 5948 measure.h:80] Timer end executeRelAlgQueryNoRetry executeRelAlgQueryNoRetry: 138 elapsed 310 ms
I0207 08:08:46.574440 5948 measure.h:80] Timer end executeRelAlgQuery executeRelAlgQuery: 119 elapsed 310 ms
I0207 08:08:46.574453 5948 measure.h:73] Timer start convert_rows convert_rows: 4143
I0207 08:08:46.574470 5948 measure.h:80] Timer end convert_rows convert_rows: 4143 elapsed 0 ms
I0207 08:08:46.574479 5948 measure.h:80] Timer end execute_rel_alg execute_rel_alg: 3935 elapsed 310 ms
I guess that you will get some simultaneous CPU/GPU processing if you run multiple queries at same time that have to be parsed and compiled