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Written by Ryan Scribner on March 1, 2024
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10 Largest Facebook (Meta) Shareholders In 2024

Meta Platforms is primarily known for its social networking platform, Facebook, which is one of the largest and most influential social media platforms in the world.

However, the company has expanded its portfolio over the years and now owns and operates several other popular services and products, including Instagram, WhatsApp, Messenger, and Oculus VR.

Here are the top ten shareholders in Meta as of 3/1/24.

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Learn More: Robinhood Retirement 3% Match

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1. The Vanguard Group, Inc

  • Ownership: 8.40%
  • Shares Held: 186,349,345

2. Fidelity Management & Research Co

  • Ownership: 6.02%
  • Shares Held: 133,653,414

3. BlackRock Fund Advisors

  • Ownership: 5.53%
  • Shares Held: 122,776,051

4. State Street Corporation

  • Ownership: 4.01%
  • Shares Held: 89,090,450

5. JP Morgan Investment Management

  • Ownership: 2.17%
  • Shares Held: 48,224,342

6. Geode Capital Management LLC

  • Ownership: 2.07%
  • Shares Held: 45,918,987

7. T. Rowe Price International

  • Ownership: 2.05%
  • Shares Held: 45,531,821

8. Capital Research & Management Co (World Investors)

  • Ownership: 1.71%
  • Shares Held: 38,054,513

9. Eaton Vance Management

  • Ownership: 1.63%
  • Shares Held: 36,250,337

10. Capital Research & Management Co (International Investors)

  • Ownership: 1.57%
  • Shares Held: 34,738,470

Click here to check the current Share Price of Meta Platforms (META) on Robinhood!

What Is Facebook/Meta?

Meta Platforms logo

Facebook was one of the largest and most well-known social media platforms in the world.

However, it's worth noting that Facebook underwent a significant rebranding in October 2021, and the company's name was changed to "Meta Platforms, Inc." or simply "Meta."

Here are key details about Facebook (Meta Platforms, Inc.):

  1. Founding: Facebook was founded on February 4, 2004, by Mark Zuckerberg and his college roommates, Andrew McCollum, Eduardo Saverin, Chris Hughes, and Dustin Moskovitz. It initially started as a social networking platform exclusively for Harvard University students before expanding to other colleges and eventually to the general public.
  2. Platform: Facebook is a social networking platform that allows users to create profiles, connect with friends and family, share photos and videos, and engage in various forms of online communication and interaction. Users can also join groups, like pages, and follow public figures and organizations.
  3. Acquisitions: Over the years, Facebook (Meta) acquired several other popular social media and tech companies, including Instagram (2012), WhatsApp (2014), and Oculus VR (2014), among others.
  4. Business Model: Facebook primarily generates revenue through advertising. It offers businesses and advertisers the ability to target specific demographics and interests, making it an attractive platform for digital marketing.
  5. Privacy and Controversies: Facebook has faced various controversies related to user privacy, data security, and its role in spreading misinformation. These issues have led to increased scrutiny and regulatory actions in some countries.
  6. Meta and the Metaverse: In October 2021, Mark Zuckerberg announced a significant rebranding of the company to "Meta" to reflect its focus on building the metaverse—a virtual, interconnected space for work, play, and social interaction. The company is investing heavily in augmented reality (AR) and virtual reality (VR) technologies to create this metaverse.


In conclusion, these institutional investors have a significant stake in Meta, which underscores the confidence they have in the company's future prospects.

As the company continues to innovate and grow, it will be interesting to see how these top shareholders respond and what their future investment strategies will be.

Article written by Ryan Scribner
Ryan Scribner is the Co-Founder of Investing Simple and author of the personal finance book ‘From Side Hustle To Main Hustle To Millionaire’ (available on Amazon and at Barnes & Noble). He is recognized as a Top 100 Money Expert by GoBankingRates. Ryan Scribner runs a successful YouTube channel focused on money and investing, which he started in 2016. Scribner was exposed to the finance world early on with a dad who is a financial advisor. Before he started his YouTube channel, he was working and making a surplus of money which he began investing on his own. Then he started to document it on his YouTube channel, before launching the Investing Simple blog in 2018. Ryan Scribner has used his own experiences with money to show others what he’s done to be successful so that they can learn from it. He has been featured in The Wall Street Journal in a publication on The Financial Gurus Millenials Listen To. In addition, Ryan Scribner has been featured in MarketWatch, Business Insider and Forbes - where he was recognized as the #1 Must Watch YouTube Channel For Making Money. In recent years, Ryan has become an angel investor across numerous startups. This includes fintech platforms such as Yotta, Mesh Connect and Commonstock - recently acquired by Yahoo Finance. Beyond that, Ryan has equity investments in a veteran-led cybersecurity company Netrise, as well as Beacons - an all-in-one builder tool for creators. Today, Scribner lives in South Florida - teaching others how to build wealth and “semi-retire,” without sacrificing your life to a 9-to-5.

Read more

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