Meta Platforms Shares Sold by Sanders Capital

Institutional investor reduces stake in social media giant

Mar. 14, 2026 at 10:06am

Got story updates? Submit your updates here. ›

Sanders Capital LLC, a major institutional investor, has reduced its stake in Meta Platforms, Inc. (NASDAQ:META) by 6.6% during the third quarter, according to a recent SEC filing. The firm now owns approximately 9.5 million shares of the social networking company, making it one of Meta's largest shareholders.

Why it matters

This move by a prominent institutional investor highlights the ongoing volatility and uncertainty surrounding Meta Platforms as the company navigates challenges like slowing user growth, increased competition, and regulatory scrutiny. Investors will be closely watching to see if other major shareholders follow suit or maintain their positions.

The details

According to the 13F filing, Sanders Capital sold 670,770 shares of Meta Platforms during the third quarter, reducing its total stake to 9,494,819 shares. The firm remains one of Meta's largest institutional investors, owning approximately 0.38% of the company's outstanding shares.

  • Sanders Capital filed the 13F report disclosing the stake reduction on March 14, 2026.

The players

Sanders Capital LLC

A prominent institutional investment firm that owns a significant stake in Meta Platforms.

Meta Platforms, Inc.

The parent company of social media platforms like Facebook, Instagram, and WhatsApp, which is navigating challenges related to user growth, competition, and regulatory scrutiny.

Got photos? Submit your photos here. ›

The takeaway

This reduction in Sanders Capital's stake in Meta Platforms reflects the broader uncertainty surrounding the social media giant's future prospects. Investors will be closely monitoring whether other major shareholders follow suit or maintain their positions, as this could signal a broader shift in sentiment towards the company.