Meta Platforms Shares Acquired by EverSource Wealth Advisors

Institutional investor increases stake in social media giant

Published on Mar. 2, 2026

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EverSource Wealth Advisors LLC, an institutional investor, increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.6% in the 3rd quarter. The firm now owns 21,603 shares of the social networking company's stock, worth $15,865,000 as of its most recent SEC filing.

Why it matters

This acquisition by EverSource Wealth Advisors reflects ongoing investor interest in Meta Platforms, formerly known as Facebook, despite the company facing various regulatory and reputational challenges. The increase in institutional ownership could signal confidence in Meta's long-term prospects.

The details

According to the SEC filing, EverSource Wealth Advisors purchased an additional 1,137 shares of Meta Platforms in the 3rd quarter, bringing its total holdings to 21,603 shares. The firm's investment in Meta is now valued at $15,865,000. This purchase comes as Meta Platforms has been navigating various regulatory hurdles and public scrutiny related to the impact of its social media platforms.

  • EverSource Wealth Advisors increased its position in the 3rd quarter of 2026.

The players

EverSource Wealth Advisors LLC

An institutional investor that manages assets for clients.

Meta Platforms, Inc.

The parent company of social media platforms including Facebook, Instagram, and WhatsApp.

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The takeaway

This acquisition by EverSource Wealth Advisors suggests that despite the challenges facing Meta Platforms, some institutional investors remain confident in the company's long-term potential. The increase in ownership could signal that Meta's efforts to diversify its business and invest in emerging technologies like virtual reality are being viewed favorably by the investment community.