Which funds own META
Meta Platforms Inc in the Q2 2026 filings. At least 59 of the 91 current managers on file reported a position, worth $187bn between them. At least half the current managers on file hold it, so owning it is the consensus rather than a call. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 59
- at least, of 91 current
- Combined value
- $187bn
- as reported
- Opened
- 4
- new this quarter
- Added to
- 27
- already held
- Trimmed or sold out
- 32
- 5 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Fidelity (FMR LLC) Long-only · $2304bn book | $54.0bn | 2.3% | 95,895,744 | -$12.7bn-20,719,009 | Trimmed |
| Capital World Investors Long-only · $846bn book | $23.0bn | 2.7% | 40,876,883 | -$460m-178,539 | Trimmed |
| Capital Research Global Investors Long-only · $717bn book | $22.3bn | 3.1% | 39,619,778 | +$4.6bn+8,709,803 | Added |
| Invesco Ltd Long-only · $1264bn book | $21.6bn | 1.7% | 38,370,492 | -$142m+345,296 | Added |
| T. Rowe Price Associates Inc Long-only · $999bn book | $17.3bn | 1.7% | 30,793,354 | -$1.5bn-2,191,986 | Trimmed |
| AllianceBernstein LP Long-only · $302bn book | $6.8bn | 2.3% | 11,903,028 | -$1.6bn-775,245 | Trimmed |
| Wellington Management Group LLP Long-only · $580bn book | $4.1bn | 0.7% | 7,225,624 | -$2.6bn-4,464,151 | Trimmed |
| Dodge & Cox Activist · $191bn book | $3.7bn | 1.9% | 6,489,255 | +$787m+1,474,936 | Added |
| Janus Henderson Group Ltd Long-only · $245bn book | $2.9bn | 1.2% | 5,234,900 | -$991m-1,680,224 | Trimmed |
| MFS Investment Management Long-only · $315bn book | $2.1bn | 0.7% | 3,600,708 | -$505m-806,527 | Trimmed |
| D. E. Shaw & Co. Quantitative · $210bn book | $1.9bn | 0.9% | 3,397,091 | +$834m+1,510,567 | Added |
| First Eagle Investment Management LLC Activist · $60.8bn book | $1.8bn | 3.0% | 3,217,353 | -$15m+24,255 | Added |
| Baillie Gifford & Co Long-only · $110bn book | $1.8bn | 1.6% | 3,201,546 | -$542m-897,275 | Trimmed |
| Pershing Square Capital Management LP Activist · $19.5bn book | $1.8bn | 9.2% | 3,196,062 | +$278m+535,201 | Added |
| Susquehanna International Group LLP Quantitative · $1284bn book | $1.7bn | 0.1% | 3,001,150 | +$946m+1,698,945 | Added |
| Tiger Global Management LLC Long/short equity · $24.0bn book | $1.6bn | 6.6% | 2,823,180 | -$176m-263,684 | Trimmed |
| Coatue Management LLC Long/short equity · $48.6bn book | $1.4bn | 2.9% | 2,526,048 | -$186m-286,008 | Trimmed |
| Neuberger Berman Group LLC Long-only · $150bn book | $1.4bn | 0.9% | 2,500,148 | -$5.0m+30,651 | Added |
| Artisan Partners LP Long-only · $63.1bn book | $1.3bn | 2.1% | 2,367,016 | -$7.0m+24,344 | Added |
| Jane Street Group LLC Quantitative · $1206bn book | $1.3bn | 0.1% | 2,264,034 | +$1.1bn+1,982,092 | Added |
| AQR Capital Management LLC Quantitative · $287bn book | $1.2bn | 0.4% | 2,168,492 | +$162m+296,406 | Added |
| Renaissance Technologies LLC Quantitative · $72.6bn book | $1.1bn | 1.6% | 2,023,153 | +$995m+1,769,780 | Added |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $1.1bn | 1.3% | 1,908,613 | +$306m+564,904 | Added |
| Viking Global Investors LP Long/short equity · $35.1bn book | $1.1bn | 3.0% | 1,867,619 | +$444m+805,044 | Added |
| Soroban Capital Partners LP Long/short equity · $47.8bn book | $826m | 1.7% | 1,466,943 | +$25m+66,860 | Added |
| Altimeter Capital Management LP Long/short equity · $9.8bn book | $763m | 7.8% | 1,354,990 | -$354m-598,383 | Trimmed |
| Millennium Management LLC Multi-strategy · $276bn book | $732m | 0.3% | 1,299,244 | -$415m-705,648 | Trimmed |
| ValueAct Holdings LP Activist · $5.6bn book | $516m | 9.2% | 915,674 | -$8.1m0 | Held |
| Marshall Wace LLP Quantitative · $127bn book | $502m | 0.4% | 891,552 | -$52m-76,516 | Trimmed |
| Man Group PLC Quantitative · $62.7bn book | $483m | 0.8% | 857,224 | -$122m-199,645 | Trimmed |
| Woodline Partners LP Long/short equity · $32.4bn book | $463m | 1.4% | 822,510 | +$237m+427,335 | Added |
| Maverick Capital Ltd Long/short equity · $11.3bn book | $430m | 3.8% | 764,041 | opened764,041 | New |
| Appaloosa LP Activist · $7.7bn book | $380m | 4.9% | 675,000 | +$131m+238,500 | Added |
| Two Sigma Investments LP Quantitative · $138bn book | $377m | 0.3% | 669,390 | -$71m-113,835 | Trimmed |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $356m | 0.4% | 632,687 | -$311m-533,152 | Trimmed |
| Point72 Asset Management LP Multi-strategy · $90.7bn book | $320m | 0.4% | 567,833 | -$200m-340,421 | Trimmed |
| D1 Capital Partners LP Long/short equity · $34.8bn book | $319m | 0.9% | 566,500 | opened566,500 | New |
| Squarepoint Ops LLC Multi-strategy · $90.5bn book | $309m | 0.3% | 547,694 | +$115m+209,093 | Added |
| Hudson Bay Capital Management LP Multi-strategy · $36.8bn book | $288m | 0.8% | 511,031 | +$258m+458,270 | Added |
| Whale Rock Capital Management LLC Long/short equity · $12.5bn book | $257m | 2.1% | 455,982 | -$36m-56,587 | Trimmed |
| Tudor Investment Corp Macro · $71.9bn book | $250m | 0.3% | 443,729 | +$129m+231,734 | Added |
| Glenview Capital Management LLC Long/short equity · $5.5bn book | $201m | 3.7% | 356,841 | +$131m+234,179 | Added |
| Polen Capital Management LLC Long-only · $11.6bn book | $186m | 1.6% | 329,573 | -$87m-147,090 | Trimmed |
| ARK Investment Management LLC Long-only · $15.4bn book | $135m | 0.9% | 238,973 | +$47m+84,977 | Added |
| Markel Group Inc Activist · $13.1bn book | $132m | 1.0% | 234,163 | -$10m-14,140 | Trimmed |
| Rokos Capital Management LLP Macro · $26.8bn book | $113m | 0.4% | 201,190 | -$64m-108,129 | Trimmed |
| Walleye Capital LLC Multi-strategy · $28.0bn book | $87m | 0.3% | 154,977 | -$52m-87,789 | Trimmed |
| Ruane Cunniff & Goldfarb LP Activist · $6.4bn book | $87m | 1.4% | 154,291 | -$28m-46,856 | Trimmed |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $69m | 0.8% | 123,000 | +$8.6m+17,000 | Added |
| Bridgewater Associates LP Macro · $24.4bn book | $62m | 0.3% | 110,083 | -$105m-181,582 | Trimmed |
| Verition Fund Management LLC Multi-strategy · $19.7bn book | $35m | 0.2% | 61,775 | +$16m+29,622 | Added |
| GAMCO Investors Inc Activist · $11.1bn book | $29m | 0.3% | 51,291 | -$300k+205 | Added |
| Brevan Howard Capital Management LP Macro · $13.5bn book | $25m | 0.2% | 43,649 | -$91m-165,173 | Trimmed |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $22m | 0.1% | 38,087 | -$25m-43,362 | Trimmed |
| Winton Group Ltd Quantitative · $3.1bn book | $15m | 0.5% | 27,048 | +$7.1m+12,856 | Added |
| Soros Fund Management LLC Macro · $8.1bn book | $12m | 0.2% | 21,776 | -$7.5m-12,831 | Trimmed |
| Steadfast Capital Management LP Long/short equity · $3.3bn book | $9.1m | 0.3% | 16,100 | opened16,100 | New |
| Quantbot Technologies LP Quantitative · $2.5bn book | $6.7m | 0.3% | 11,867 | opened11,867 | New |
| Harris Associates LP Activist · $75.4bn book | $2.6m | 0.0% | 4,655 | +$100k+194 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Dragoneer Investment Group LLC · Long/short equity$408m held before
- Holocene Advisors LP · Long/short equity$279m held before
- Caxton Associates LLP · Macro$201m held before
- Third Point LLC · Activist$52m held before
- Moore Capital Management LP · Macro$22m held before
Ownership through time
At least 61 of the 95 managers whose filings are on file listed META in Q2 2026, against 21 in Q2 2013. 3 managers fewer than in Q1 2026: 5 started positions; 6 sold out, by their own filings; 2 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 21
- Q3 2013: 35
- Q4 2013: 31
- Q1 2014: 34
- Q2 2014: 36
- Q3 2014: 37
- Q4 2014: 35
- Q1 2015: 43
- Q2 2015: 41
- Q3 2015: 36
- Q4 2015: 42
- Q1 2016: 47
- Q2 2016: 45
- Q3 2016: 46
- Q4 2016: 48
- Q1 2017: 51
- Q2 2017: 55
- Q3 2017: 53
- Q4 2017: 58
- Q1 2018: 58
- Q2 2018: 59
- Q3 2018: 49
- Q4 2018: 55
- Q1 2019: 55
- Q2 2019: 56
- Q3 2019: 56
- Q4 2019: 59
- Q1 2020: 60
- Q2 2020: 59
- Q3 2020: 65
- Q4 2020: 68
- Q1 2021: 71
- Q2 2021: 64
- Q3 2021: 64
- Q4 2021: 57
- Q1 2022: 53
- Q2 2022: 58
- Q3 2022: 57
- Q4 2022: 58
- Q1 2023: 57
- Q2 2023: 64
- Q3 2023: 67
- Q4 2023: 67
- Q1 2024: 70
- Q2 2024: 65
- Q3 2024: 66
- Q4 2024: 65
- Q1 2025: 67
- Q2 2025: 62
- Q3 2025: 67
- Q4 2025: 58
- Q1 2026: 64
- Q2 2026: 61
- Q2 2013: $5.7bn
- Q3 2013: $15.8bn
- Q4 2013: $18.3bn
- Q1 2014: $19.8bn
- Q2 2014: $20.9bn
- Q3 2014: $26.0bn
- Q4 2014: $26.9bn
- Q1 2015: $29.2bn
- Q2 2015: $31.2bn
- Q3 2015: $33.3bn
- Q4 2015: $39.4bn
- Q1 2016: $47.3bn
- Q2 2016: $48.6bn
- Q3 2016: $54.0bn
- Q4 2016: $48.0bn
- Q1 2017: $61.9bn
- Q2 2017: $65.4bn
- Q3 2017: $74.6bn
- Q4 2017: $75.3bn
- Q1 2018: $74.8bn
- Q2 2018: $94.2bn
- Q3 2018: $72.4bn
- Q4 2018: $63.7bn
- Q1 2019: $84.2bn
- Q2 2019: $101bn
- Q3 2019: $93.8bn
- Q4 2019: $106bn
- Q1 2020: $86.1bn
- Q2 2020: $116bn
- Q3 2020: $131bn
- Q4 2020: $137bn
- Q1 2021: $147bn
- Q2 2021: $173bn
- Q3 2021: $164bn
- Q4 2021: $150bn
- Q1 2022: $93.4bn
- Q2 2022: $65.9bn
- Q3 2022: $53.0bn
- Q4 2022: $56.5bn
- Q1 2023: $80.0bn
- Q2 2023: $112bn
- Q3 2023: $120bn
- Q4 2023: $143bn
- Q1 2024: $193bn
- Q2 2024: $195bn
- Q3 2024: $218bn
- Q4 2024: $224bn
- Q1 2025: $214bn
- Q2 2025: $270bn
- Q3 2025: $256bn
- Q4 2025: $224bn
- Q1 2026: $201bn
- Q2 2026: $188bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Capital Research Global Investors30,909,975 to 39,619,778 shares+$4.9bn
- Jane Street Group LLC281,942 to 2,264,034 shares+$1.1bn
- Renaissance Technologies LLC253,373 to 2,023,153 shares+$997m
- Susquehanna International Group LLP1,302,205 to 3,001,150 shares+$957m
- D. E. Shaw & Co.1,886,524 to 3,397,091 shares+$851m
Largest decreases, by shares
- Fidelity (FMR LLC)116,614,753 to 95,895,744 shares-$11.7bn
- Wellington Management Group LLP11,689,775 to 7,225,624 shares-$2.5bn
- T. Rowe Price Associates Inc32,985,340 to 30,793,354 shares-$1.2bn
- Janus Henderson Group Ltd6,915,124 to 5,234,900 shares-$946m
- Baillie Gifford & Co4,098,821 to 3,201,546 shares-$505m
Left it
- Dragoneer Investment Group LLCwas $408m
- Holocene Advisors LPwas $279m
- Caxton Associates LLPwas $201m
- Third Point LLCwas $51m
- Element Capital Management LLCwas $23m
- Moore Capital Management LPwas $18m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q2 2013 | $100bn | $54.0bn | |
| Capital World Investors | Q2 2013 | $28.8bn | $23.0bn | |
| Capital Research Global Investors | Q2 2013 | $24.0bn | $22.3bn | |
| Invesco Ltd | Q2 2013 | $27.8bn | $21.6bn | |
| T. Rowe Price Associates Inc | Q2 2013 | $35.3bn | $17.3bn | |
| AllianceBernstein LP | Q2 2013 | $10.5bn | $6.8bn | |
| Wellington Management Group LLP | Q2 2013 | $9.6bn | $4.1bn | |
| Dodge & Cox | Q1 2016 | $3.7bn | $3.7bn | |
| Janus Henderson Group Ltd | Q2 2013 | $6.0bn | $2.9bn | |
| MFS Investment Management | Q2 2013 | $6.6bn | $2.1bn | |
| D. E. Shaw & Co. | Q2 2013 | $1.9bn | $1.9bn | |
| First Eagle Investment Management LLC | Q2 2013 | $2.5bn | $1.8bn | |
| Baillie Gifford & Co | Q2 2013 | $4.0bn | $1.8bn | |
| Pershing Square Capital Management LP | Q4 2025 | $1.8bn | $1.8bn | |
| Susquehanna International Group LLP | Q2 2013 | $1.7bn | $1.7bn | |
| Eisler Capital Management Ltd | Q3 2021 | $11.4bn | last listed Q2 2025 | |
| Arrowstreet Capital LP | Q2 2017 | $6.3bn | last listed Q1 2026 | |
| Lone Pine Capital LLC | Q2 2013 | $1.7bn | last listed Q3 2025 | |
| Egerton Capital UK LLP | Q1 2015 | $885m | last listed Q3 2025 | |
| Two Sigma Advisers LP | Q3 2013 | $726m | last listed Q4 2025 | |
| Third Point LLC | Q2 2016 | $699m | last listed Q1 2026 | |
| Holocene Advisors LP | Q4 2017 | $680m | last listed Q1 2026 | |
| Baupost Group LLC | Q1 2020 | $538m | last listed Q4 2022 | |
| Discovery Capital Management LLC | Q3 2013 | $504m | last listed Q4 2025 | |
| Farallon Capital Management LLC | Q1 2017 | $460m | last listed Q3 2022 |
What managers have said about META
Arguments made in the managers’ own SEC filings, each checked against the filing and reviewed by a person. A view is as filed on its date, not a current recommendation.
- Harris Associates L.P. · Long · 2022-06-02
Harris says the market values Meta as if it will barely grow after Apple's privacy changes hit targeted advertising, which it calls misguided, and it sold put options to add exposure.
The filing on sec.govListed at Q2 2026$2.6m
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- Susquehanna International Group LLP · calls$12.7bn notional
- Soroban Capital Partners LP · calls$11.3bn notional
- Jane Street Group LLC · calls$10.2bn notional
- Citadel Advisors LLC · calls$8.7bn notional
- Susquehanna International Group LLP · puts$6.4bn notional
- Jane Street Group LLC · puts$5.8bn notional
- Citadel Advisors LLC · puts$5.1bn notional
- Millennium Management LLC · puts$1.9bn notional
- Millennium Management LLC · calls$892m notional
- Balyasny Asset Management LLC · puts$671m notional
- D. E. Shaw & Co. · puts$516m notional
- Rokos Capital Management LLP · puts$472m notional
- D. E. Shaw & Co. · calls$332m notional
- Tudor Investment Corp · puts$211m notional
- Squarepoint Ops LLC · puts$169m notional
- Point72 Asset Management LP · calls$106m notional
- Hudson Bay Capital Management LP · puts$98m notional
- Squarepoint Ops LLC · calls$92m notional
- Man Group PLC · calls$83m notional
- Man Group PLC · puts$83m notional
- Tudor Investment Corp · calls$68m notional
- ExodusPoint Capital Management LP · calls$43m notional
- Element Capital Management LLC · calls$42m notional
- Brevan Howard Capital Management LP · puts$42m notional
- Brevan Howard Capital Management LP · calls$41m notional
- Rokos Capital Management LLP · calls$37m notional
- Verition Fund Management LLC · puts$36m notional
What META is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around META →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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