META PLATFORMS INC META
CL A · Common Stock · CUSIP 30303M102 · ISIN US30303M1027
American technology company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.8bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $632.22. Options: 150 managers hold calls ($69.9bn notional), 123 hold puts ($57.0bn).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,900 |
| Q4 2022 | 2,761 |
| Q1 2023 | 3,077 |
| Q2 2023 | 3,324 |
| Q3 2023 | 3,433 |
| Q4 2023 | 3,763 |
| Q1 2024 | 4,015 |
| Q2 2024 | 4,107 |
| Q3 2024 | 4,206 |
| Q4 2024 | 4,652 |
| Q1 2025 | 4,702 |
| Q2 2025 | 4,842 |
| Q3 2025 | 4,912 |
| Q4 2025 | 5,160 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 1,946 | 1,745 |
| Q2 2024 | 2,209 | 1,535 |
| Q3 2024 | 2,133 | 1,658 |
| Q4 2024 | 2,213 | 1,615 |
| Q1 2025 | 2,488 | 1,906 |
| Q2 2025 | 2,693 | 1,804 |
| Q3 2025 | 2,623 | 1,799 |
| Q4 2025 | 2,643 | 1,937 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $50.5bn | $42.4bn | 0.84 |
| Q2 2025 | $66.8bn | $51.5bn | 0.77 |
| Q3 2025 | $65.0bn | $50.0bn | 0.77 |
| Q4 2025 | $69.9bn | $57.0bn | 0.82 |
Biggest buyers
| J. Stern & Co. LLP | Added | +69.5m |
| Invesco Ltd. | Added | +24.9m |
| HSBC HOLDINGS PLC | Added | +9.3m |
| VANGUARD GROUP INC | Added | +7.3m |
| Corient Private Wealth LP | Added | +5.7m |
| STATE STREET CORP | Added | +4.4m |
| BlackRock, Inc. | Added | +4.0m |
| Amundi | Added | +3.6m |
| BANK OF MONTREAL /CAN/ | Added | +3.2m |
| Pershing Square Capital Management, L.P. | New | +2.7m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -65.6m |
| FMR LLC | Reduced | -7.7m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -6.1m |
| Capital Research Global Investors | Reduced | -5.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -3.6m |
| JENNISON ASSOCIATES LLC | Reduced | -3.4m |
| Nuveen, LLC | Reduced | -2.9m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -2.8m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.4m |
| GQG Partners LLC | Reduced | -2.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.7bn23.7m shares |
| JANE STREET GROUP, LLC | Added | $11.6bn17.5m shares |
| CITADEL ADVISORS LLC | Added | $9.9bn15.0m shares |
| IMC-Chicago, LLC | Added | $5.0bn7.6m shares |
| NOMURA HOLDINGS INC | Reduced | $3.4bn5.1m shares |
| SIMPLEX TRADING, LLC | Added | $3.0bn4.6m shares |
| CTC LLC | Added | $2.8bn43.2k shares |
| Optiver Holding B.V. | Added | $2.2bn3.4m shares |
| PEAK6 LLC | Reduced | $1.8bn2.7m shares |
| Belvedere Trading LLC | Reduced | $1.3bn2.0m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.7bn13.3m shares |
| JANE STREET GROUP, LLC | Added | $8.4bn12.7m shares |
| CITADEL ADVISORS LLC | Added | $5.4bn8.1m shares |
| IMC-Chicago, LLC | Added | $3.3bn5.0m shares |
| BANK OF MONTREAL /CAN/ | Added | $2.4bn3.6m shares |
| Optiver Holding B.V. | Added | $2.3bn3.4m shares |
| CTC LLC | Added | $2.1bn31.9k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $2.1bn3.2m shares |
| SIMPLEX TRADING, LLC | Added | $1.6bn2.4m shares |
| PEAK6 LLC | Reduced | $1.5bn2.3m shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: FMR LLC (4.4%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 6 | $1.8bn | $1.8bn |
| Q2 2024 | 0 | — | 8 | $205.8m | $205.8m |
| Q3 2024 | 0 | — | 8 | $295.6m | $290.8m |
| Q4 2024 | 0 | — | 8 | $404.1m | $404.1m |
| Q1 2025 | 0 | — | 7 | $798.5m | $788.5m |
| Q2 2025 | 0 | — | 7 | $124.4m | $118.2m |
| Q3 2025 | 0 | — | 8 | $226.3m | $226.3m |
| Q4 2025 | 0 | — | 7 | $26.7m | $19.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-30 | Newstead Jennifer Chief Legal Officer | Sold plan | $341.9k519 shares |
| 2025-12-29 | Olivan Javier Chief Operating Officer | Sold plan | $340.3k517 shares |
| 2025-12-23 | Newstead Jennifer Chief Legal Officer | Sold plan | $342.2k519 shares |
| 2025-12-22 | Olivan Javier Chief Operating Officer | Sold plan | $341.8k517 shares |
| 2025-12-16 | Newstead Jennifer Chief Legal Officer | Sold plan | $333.8k519 shares |
| 2025-12-15 | KIMMITT ROBERT M Director | Sold plan | $374.7k580 shares |
| 2025-12-15 | Olivan Javier Chief Operating Officer | Sold plan | $334.0k517 shares |
| 2025-12-09 | Newstead Jennifer Chief Legal Officer | Sold plan | $344.7k519 shares |
| 2025-12-08 | Olivan Javier Chief Operating Officer | Sold plan | $346.2k517 shares |
| 2025-12-02 | Newstead Jennifer Chief Legal Officer | Sold plan | $333.3k519 shares |
| 2025-12-01 | Olivan Javier Chief Operating Officer | Sold plan | $330.4k517 shares |
| 2025-11-25 | Newstead Jennifer Chief Legal Officer | Sold plan | $323.9k519 shares |
| 2025-11-24 | Olivan Javier Chief Operating Officer | Sold plan | $309.4k517 shares |
| 2025-11-18 | Bosworth Andrew Chief Technology Officer | Sold plan | $6.9m11.7k shares |
| 2025-11-18 | Anderson Aaron Chief Accounting Officer | Sold plan | $429.5k726 shares |
| 2025-11-18 | Newstead Jennifer Chief Legal Officer | Sold plan | $307.0k519 shares |
| 2025-11-17 | KIMMITT ROBERT M Director | Sold plan | $365.6k600 shares |
| 2025-11-17 | Olivan Javier Chief Operating Officer | Sold plan | $312.4k517 shares |
| 2025-11-15 | LI SUSAN J Chief Financial Officer · Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 | Sold | $4.2m6.9k shares |
| 2025-11-15 | Bosworth Andrew Chief Technology Officer | Sold | $3.1m5.1k shares |
| 2025-11-15 | Olivan Javier Chief Operating Officer | Sold plan | $1.6m2.6k shares |
| 2025-11-10 | Olivan Javier Chief Operating Officer | Sold plan | $326.2k517 shares |
| 2025-11-10 | Newstead Jennifer Chief Legal Officer | Sold plan | $325.6k516 shares |
| 2025-11-04 | Newstead Jennifer Chief Legal Officer | Sold plan | $325.9k519 shares |
| 2025-11-03 | Olivan Javier Chief Operating Officer | Sold plan | $339.2k517 shares |
| 2025-10-31 | Alford Peggy Director · By Alford Family Revocable Trust | Sold plan | $405.3k601 shares |
| 2025-10-28 | Newstead Jennifer Chief Legal Officer | Sold plan | $390.8k519 shares |
| 2025-10-27 | Olivan Javier Chief Operating Officer | Sold plan | $387.5k517 shares |
| 2025-10-21 | Newstead Jennifer Chief Legal Officer | Sold plan | $382.2k519 shares |
| 2025-10-20 | Olivan Javier Chief Operating Officer | Sold plan | $372.9k517 shares |
The latest 30 of 35 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.91% of their portfolio | 200.0m $132.0bn | Added +7.3m |
| BlackRock, Inc. 1.92% of their portfolio | 171.5m $113.2bn | Added +4.0m |
| FMR LLC 4.12% of their portfolio | 122.3m $80.8bn | Reduced -7.7m |
| STATE STREET CORP 2.01% of their portfolio | 90.8m $60.0bn | Added +4.4m |
| J. Stern & Co. LLP 5.94% of their portfolio | 69.7m $69.7m | Added +69.5m |
| GEODE CAPITAL MANAGEMENT, LLC 2.14% of their portfolio | 52.8m $34.7bn | Added +878.4k |
| JPMORGAN CHASE & CO 1.95% of their portfolio | 43.9m $28.9bn | Reduced -65.6m |
| Invesco Ltd. 2.62% of their portfolio | 42.1m $27.8bn | Added +24.9m |
| Capital World Investors 3.55% of their portfolio | 39.6m $26.1bn | Added +310.9k |
| MORGAN STANLEY 1.48% of their portfolio | 37.6m $24.8bn | Added +823.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 2.50% of their portfolio | 35.1m $23.2bn | Reduced -3.6m |
| NORGES BANK 2.37% of their portfolio | 33.6m $22.2bn | Not comparable |
| Capital International Investors 2.66% of their portfolio | 25.7m $17.0bn | Added +1.2m |
| NORTHERN TRUST CORP 1.86% of their portfolio | 22.1m $14.6bn | Reduced -348.4k |
| BANK OF AMERICA CORP /DE/ 0.88% of their portfolio | 18.4m $12.1bn | Reduced -236.9k |
| Capital Research Global Investors 2.18% of their portfolio | 17.9m $11.8bn | Reduced -5.9m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.60% of their portfolio | 15.6m $10.3bn | Added +1.1m |
| GOLDMAN SACHS GROUP INC 1.45% of their portfolio | 15.5m $10.2bn | Reduced -2.4m |
| Bank of New York Mellon Corp 1.73% of their portfolio | 14.9m $9.8bn | Added +1.3m |
| HSBC HOLDINGS PLC 2.77% of their portfolio | 14.8m $9.8bn | Added +9.3m |
| Legal & General Group Plc 2.10% of their portfolio | 14.3m $9.5bn | Added +2.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1.83% of their portfolio | 13.1m $8.6bn | Added +1.0m |
| ALLIANCEBERNSTEIN L.P. 2.68% of their portfolio | 12.8m $8.5bn | Reduced -1.0m |
| Nuveen, LLC 1.84% of their portfolio | 10.7m $7.0bn | Reduced -2.9m |
| ROYAL BANK OF CANADA 1.22% of their portfolio | 10.5m $6.9bn | Added +2.2m |
| Amundi 1.80% of their portfolio | 10.0m $6.6bn | Added +3.6m |
| Sanders Capital, LLC 7.63% of their portfolio | 10.0m $6.6bn | Added +543.4k |
| DIMENSIONAL FUND ADVISORS LP 1.39% of their portfolio | 10.0m $6.6bn | Added +702.8k |
| Newlands Management Operations LLC 33.34% of their portfolio | 9.8m $6.5bn | Reduced -123.2k |
| WELLS FARGO & COMPANY/MN 1.21% of their portfolio | 9.4m $6.2bn | Added +692.6k |
| UBS Group AG 1.21% of their portfolio | 9.3m $6.1bn | Added +78.6k |
| WELLINGTON MANAGEMENT GROUP LLP 1.02% of their portfolio | 8.8m $5.8bn | Reduced -1.9m |
| FRANKLIN RESOURCES INC 1.40% of their portfolio | 8.7m $5.7bn | Added +157.9k |
| JENNISON ASSOCIATES LLC 3.31% of their portfolio | 8.4m $5.5bn | Reduced -3.4m |
| BANK OF MONTREAL /CAN/ 2.23% of their portfolio | 8.3m $5.5bn | Added +3.2m |
| BARCLAYS PLC 2.12% of their portfolio | 8.0m $5.3bn | Added +697.0k |
| AMERIPRISE FINANCIAL INC 1.16% of their portfolio | 7.8m $5.2bn | Reduced -800.4k |
| DEUTSCHE BANK AG\ 1.66% of their portfolio | 7.7m $5.1bn | Reduced -990.6k |
| LOOMIS SAYLES & CO L P 5.89% of their portfolio | 7.4m $4.9bn | Reduced -32.4k |
| Fisher Asset Management, LLC 1.49% of their portfolio | 6.6m $4.4bn | Added +113.5k |
| Corient Private Wealth LP 1.39% of their portfolio | 6.6m $2.1bn | Added +5.7m |
| JANUS HENDERSON GROUP PLC 1.81% of their portfolio | 6.1m $4.0bn | Reduced -1.8m |
| Swiss National Bank 2.34% of their portfolio | 5.9m $3.9bn | Reduced -312.6k |
| California Public Employees Retirement System 2.20% of their portfolio | 5.8m $3.8bn | Reduced -100.9k |
| Sumitomo Mitsui Trust Group, Inc. 2.06% of their portfolio | 5.3m $3.5bn | Reduced -536.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 2.57% of their portfolio | 5.1m $3.4bn | Reduced -143.3k |
| AMERICAN CENTURY COMPANIES INC 1.67% of their portfolio | 5.0m $3.3bn | Reduced -390.2k |
| Clearbridge Investments, LLC 2.66% of their portfolio | 5.0m $3.3bn | Reduced -334.4k |
| Dodge & Cox 1.79% of their portfolio | 5.0m $3.3bn | Added +1.1m |
| T. Rowe Price Investment Management, Inc. 1.31% of their portfolio | 5.0m $3.3bn | Added +1.6m |
| BNP PARIBAS FINANCIAL MARKETS 2.04% of their portfolio | 4.9m $3.2bn | Added +630.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.03% of their portfolio | 4.8m $3.2bn | Reduced -2.8m |
| Mitsubishi UFJ Asset Management Co., Ltd. 2.09% of their portfolio | 4.7m $3.1bn | Added +294.0k |
| National Pension Service 2.25% of their portfolio | 4.6m $3.0bn | Added +137.6k |
| BAILLIE GIFFORD & CO 2.41% of their portfolio | 4.4m $2.9bn | Reduced -891.0k |
| NATIONAL BANK OF CANADA /FI/ 2.83% of their portfolio | 4.2m $2.8bn | Added +1.5m |
| RHUMBLINE ADVISERS 2.12% of their portfolio | 4.0m $2.6bn | Reduced -49.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 1.75% of their portfolio | 4.0m $2.6bn | Added +475.1k |
| PRINCIPAL FINANCIAL GROUP INC 1.28% of their portfolio | 3.8m $2.5bn | Added +115.5k |
| COATUE MANAGEMENT LLC 6.25% of their portfolio | 3.8m $2.5bn | Reduced -253.8k |
| RAYMOND JAMES FINANCIAL INC 0.75% of their portfolio | 3.7m $2.4bn | Reduced -193.3k |
| CITIGROUP INC 1.55% of their portfolio | 3.5m $2.3bn | Added +445.3k |
| Swedbank AB 2.18% of their portfolio | 3.4m $2.3bn | Reduced -71.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 2.22% of their portfolio | 3.4m $2.2bn | Reduced -56.6k |
| First Eagle Investment Management, LLC 3.66% of their portfolio | 3.1m $2.1bn | Reduced -182.0k |
| LPL Financial LLC 0.55% of their portfolio | 3.0m $2.0bn | Added +167.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 4.91% of their portfolio | 2.9m $1.9bn | Added +635.7k |
| TD Asset Management Inc 1.53% of their portfolio | 2.9m $1.9bn | Reduced -612.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.55% of their portfolio | 2.8m $1.9bn | Reduced -183.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.60% of their portfolio | 2.8m $1.8bn | Reduced -1.7m |
| TIGER GLOBAL MANAGEMENT LLC 6.11% of their portfolio | 2.8m $1.8bn | Reduced -68.4k |
| Pershing Square Capital Management, L.P. 11.37% of their portfolio | 2.7m $1.8bn | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 2.02% of their portfolio | 2.7m $1.8bn | Added +1.4m |
| Russell Investments Group, Ltd. 1.88% of their portfolio | 2.6m $1.7bn | Reduced -27.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.40% of their portfolio | 2.6m $1.7bn | Added +277.4k |
| Ensign Peak Advisors, Inc 2.94% of their portfolio | 2.5m $1.7bn | Reduced -400.1k |
| JANE STREET GROUP, LLC 1.94% of their portfolio | 2.5m $1.6bn | Added +1.8m |
| NEW YORK STATE COMMON RETIREMENT FUND 2.14% of their portfolio | 2.4m $1.6bn | Reduced -137.0k |
| NEUBERGER BERMAN GROUP LLC 1.19% of their portfolio | 2.4m $1.6bn | Added +121.6k |
| Artisan Partners Limited Partnership 2.43% of their portfolio | 2.4m $1.6bn | Added +144.6k |
| BESSEMER GROUP INC 2.41% of their portfolio | 2.4m $1.6bn | Reduced -162.9k |
| FIL Ltd 1.16% of their portfolio | 2.3m $1.6bn | Added +240.1k |
| DekaBank Deutsche Girozentrale 1.87% of their portfolio | 2.3m $1.1bn | Unchanged |
| NORDEA INVESTMENT MANAGEMENT AB 1.28% of their portfolio | 2.3m $1.5bn | Reduced -270.5k |
| SG Americas Securities, LLC 1.91% of their portfolio | 2.2m $1.4bn | Reduced -937.1k |
| FIRST TRUST ADVISORS LP 1.03% of their portfolio | 2.1m $1.4bn | Added +15.4k |
| BANK OF NOVA SCOTIA 2.07% of their portfolio | 2.1m $1.4bn | Added +1.0m |
| AQR CAPITAL MANAGEMENT LLC 0.72% of their portfolio | 2.1m $1.4bn | Added +357.3k |
| PRUDENTIAL FINANCIAL INC 1.65% of their portfolio | 2.1m $1.4bn | Reduced -168.5k |
| Fayez Sarofim & Co 3.26% of their portfolio | 2.1m $1.4bn | Added +132.0k |
| ProShare Advisors LLC 2.40% of their portfolio | 2.1m $1.4bn | Added +729.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 2.20% of their portfolio | 2.1m $1.4bn | Added +40.0k |
| ACADIAN ASSET MANAGEMENT LLC 2.20% of their portfolio | 2.0m $1.3bn | Added +40.3k |
| VOYA INVESTMENT MANAGEMENT LLC 1.31% of their portfolio | 2.0m $1.3bn | Reduced -1.2m |
| VICTORY CAPITAL MANAGEMENT INC 0.75% of their portfolio | 2.0m $1.3bn | Reduced -25.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 2.01% of their portfolio | 2.0m $1.3bn | Added +20.1k |
| CANADA LIFE ASSURANCE Co 2.29% of their portfolio | 2.0m $1.3bn | Reduced -271.0k |
| ALKEON CAPITAL MANAGEMENT LLC 5.75% of their portfolio | 2.0m $1.3bn | Reduced -67.0k |
| FRED ALGER MANAGEMENT, LLC 5.09% of their portfolio | 2.0m $1.3bn | Reduced -43.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 2.26% of their portfolio | 1.9m $1.3bn | Reduced -54.1k |