Meta, formerly known as Facebook, is one of the world's largest social media platforms with a market capitalization that once stood over $1T.
The company has over 2.9 billion monthly active users and generates billions of dollars in revenue each quarter. With such a massive presence, it's no surprise that some of the biggest investment management firms in the world are invested in Meta.
Here are the top ten shareholders in Meta as of March 2023, based on the latest available information:
The Vanguard Group is the largest shareholder in Meta, owning over 171 million shares worth $29,282,864,260, which represents 7.70% of the total shares outstanding. The company manages over $7.6 trillion in assets and is one of the most well-known and respected investment management firms in the world.
Fidelity is the second-largest shareholder in Meta, with over 114 million shares worth $20,004,605,051 representing 5.14% of the total shares outstanding. Fidelity is one of the largest mutual fund companies in the world, with over $4.9 trillion in assets under management.
BlackRock is the third-largest shareholder in Meta, owning over 101 million shares worth $17,673,596,203 which represents 4.54% of the total shares outstanding. The company manages over $9 trillion in assets and is the largest investment management firm in the world.
SSgA Funds Management is the fourth-largest shareholder in Meta, with over 88 million shares, worth $15,449,075,607 representing 3.97% of the total shares outstanding. The company manages over $3.6 trillion in assets and is a subsidiary of State Street Corporation.
Geode Capital Management is the fifth-largest shareholder in Meta, owning over 45 million shares, worth $7,900,103,739 which represents 2.03% of the total shares outstanding. The company manages over $600 billion in assets and is a subsidiary of Fidelity Investments.
Capital Research & Management is the sixth-largest shareholder in Meta, with over 42 million shares, worth $7,348,208,100 representing 1.89% of the total shares outstanding. The company manages over $2.9 trillion in assets and is a subsidiary of Capital Group Companies.
Norges Bank Investment Management is the seventh-largest shareholder in Meta, owning over 35 million shares, worth $6,139,251,292 which represents 1.58% of the total shares outstanding. The company manages the Norwegian Government Pension Fund Global, which is one of the largest sovereign wealth funds in the world.
T. Rowe Price Associates is the eighth-largest shareholder in Meta, with over 35 million shares, worth $6,134,924,676 representing 1.58% of the total shares outstanding. The company manages over $1.6 trillion in assets and is a well-known investment management firm.
Capital Research & Management is the ninth-largest shareholder in Meta, owning over 31 million shares, worth $5,569,592,770 which represents 1.43% of the total shares outstanding.
Finally, Capital Research & Management is the tenth-largest shareholder in Meta, with over 30 million shares, worth $5,307,413,516 representing 1.36% of the total shares outstanding.
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.
This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.
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