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Meta Platforms Shares Acquired by Argent Trust Co
Institutional investor increases stake in social media giant
Published on Mar. 6, 2026
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Argent Trust Co, an institutional investor, grew its position in Meta Platforms, Inc. (NASDAQ:META) by 1.5% in the third quarter, according to a recent 13F filing. The firm now owns 58,165 shares of the social networking company's stock, worth approximately $42.7 million at the end of the reporting period.
Why it matters
Meta Platforms, the parent company of Facebook, Instagram, and other social media platforms, is a closely watched stock in the technology and communications sectors. Institutional investor activity in the stock, such as this acquisition by Argent Trust Co, can provide insights into market sentiment and the stock's performance.
The details
According to the 13F filing, Argent Trust Co acquired an additional 845 shares of Meta Platforms during the third quarter, increasing its total position to 58,165 shares. This represents approximately 1.5% of the firm's total holdings. Meta Platforms is the 10th largest position in Argent Trust Co's portfolio.
- Argent Trust Co filed its 13F report for the third quarter of 2026.
The players
Argent Trust Co
An institutional investor that manages a diversified portfolio of investments, including a position in Meta Platforms, Inc.
Meta Platforms, Inc.
The parent company of social media platforms such as Facebook, Instagram, and WhatsApp, and a major player in the technology and communications sectors.
The takeaway
The increase in Argent Trust Co's position in Meta Platforms suggests the institutional investor sees continued growth potential in the social media giant, despite ongoing regulatory and reputational challenges the company has faced. This activity reflects the broader market's interest in Meta Platforms and its role in the evolving digital landscape.

