BNP Paribas Trims Meta Platforms Stake

Institutional investor reduces position in social media giant by 9.8% in Q3

Mar. 15, 2026 at 9:08am

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BNP Paribas, a major institutional investor, trimmed its stake in Meta Platforms, Inc. (NASDAQ:META) by 9.8% during the third quarter of 2026, according to a recent SEC filing. The firm now holds 69,441 shares of the social networking company's stock, valued at $51,225,000 as of the most recent reporting period.

Why it matters

Meta Platforms, formerly known as Facebook, is one of the largest and most influential social media companies in the world. Changes to major institutional investors' positions in the stock can provide insights into broader market sentiment and outlook for the company.

The details

According to the 13F filing, BNP Paribas sold 7,551 shares of Meta Platforms during the third quarter, reducing its total position to 69,441 shares. The stock now accounts for 1.5% of BNP Paribas' overall portfolio, making it the firm's 15th largest holding.

  • BNP Paribas trimmed its Meta Platforms stake during the 3rd quarter of 2026.

The players

BNP Paribas

A major global financial institution and one of the world's largest investment management firms.

Meta Platforms, Inc.

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

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The takeaway

BNP Paribas' decision to reduce its position in Meta Platforms could signal broader concerns about the company's growth prospects or valuation among institutional investors. However, the stock remains a top holding for the firm, suggesting it still sees long-term value in the social media giant.