Cadence Bank Reduces Position in Meta Platforms, Inc.

The bank lowered its holdings in the social networking company by nearly 30% in the third quarter.

Mar. 14, 2026 at 7:36am

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Cadence Bank lowered its holdings in Meta Platforms, Inc. (NASDAQ:META) by 29.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The bank owned 3,212 shares of the social networking company's stock after selling 1,356 shares during the period.

Why it matters

This filing provides insight into the investment decisions of Cadence Bank and its view on the performance and future prospects of Meta Platforms, one of the largest social media companies.

The details

Cadence Bank's holdings in Meta Platforms were worth $2,359,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also made changes to their positions in Meta Platforms during the quarter, with some increasing their stakes and others, like Cadence Bank, reducing their exposure.

  • The filing covers Cadence Bank's holdings as of the end of the third quarter.

The players

Cadence Bank

A financial institution that manages investment portfolios and files quarterly reports on its holdings.

Meta Platforms, Inc.

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

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The takeaway

This filing suggests Cadence Bank has a more cautious outlook on Meta Platforms compared to the previous quarter, potentially reflecting broader concerns about the social media company's performance or future growth prospects.