Meta Platforms Trims Stake in Autonomous Driving Firm Waymo

Institutional investor Artemis Wealth Advisors reduces holdings in Meta Platforms by over 20% in Q3

Published on Mar. 11, 2026

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Artemis Wealth Advisors LLC, an institutional investor, has reduced its holdings in Meta Platforms, Inc. (NASDAQ:META) by 21.1% during the third quarter, according to a recent 13F filing with the SEC. The firm now owns 9,000 shares of the social networking company's stock, valued at $6.61 million.

Why it matters

This move by Artemis Wealth Advisors reflects broader trends in investor sentiment around Meta Platforms. While the company continues to face regulatory and competitive challenges, high-profile investors like Bill Ackman have expressed bullish views, potentially attracting new inflows. The filing also provides insight into how institutional investors are managing their exposure to large tech firms like Meta.

The details

According to the 13F filing, Artemis Wealth Advisors sold 2,400 shares of Meta Platforms during the third quarter, reducing its total holdings to 9,000 shares. This represents a 21.1% decrease in the firm's position in the social media giant. Meta Platforms now makes up 0.7% of Artemis Wealth Advisors' investment portfolio, making it the 11th largest holding.

  • Artemis Wealth Advisors reduced its Meta Platforms holdings during the third quarter of 2026.

The players

Artemis Wealth Advisors LLC

An institutional investment firm that has reduced its holdings in Meta Platforms by over 20% in the third quarter.

Meta Platforms, Inc.

The parent company of social media platforms like Facebook, Instagram, and WhatsApp, and a major player in the technology and digital advertising industries.

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The takeaway

This filing highlights the shifting landscape for large tech companies like Meta Platforms, as institutional investors carefully manage their exposure and weigh the potential risks and rewards. While Meta continues to face regulatory and competitive challenges, the company's long-term prospects remain a subject of debate among investors.