Meta Platforms Reduces Stake as Assenagon Asset Management Trims Position

Institutional investor Assenagon Asset Management S.A. lowered its holdings in social media giant Meta Platforms, Inc. by 4.5% in the fourth quarter.

Mar. 27, 2026 at 7:22am

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Assenagon Asset Management S.A. reduced its position in Meta Platforms, Inc. (NASDAQ:META) by 4.5% in the 4th quarter, according to the company's recent Form 13F filing with the Securities & Exchange Commission. The fund owned 880,915 shares of the social networking company's stock after selling 41,251 shares during the quarter. Meta Platforms makes up about 0.8% of Assenagon Asset Management S.A.'s investment portfolio, making the stock its 19th biggest holding.

Why it matters

Meta Platforms, formerly known as Facebook, is one of the largest and most influential social media companies in the world. Institutional investors closely watch changes in ownership stakes of major tech firms like Meta, as these can signal broader market trends and investor sentiment.

The details

According to the 13F filing, Assenagon Asset Management S.A. sold 41,251 shares of Meta Platforms stock in the fourth quarter, reducing its total position to 880,915 shares. The move lowered Assenagon's stake in Meta by 4.5%. Meta Platforms makes up about 0.8% of Assenagon's overall investment portfolio, making it the 19th largest holding for the asset management firm.

  • Assenagon Asset Management S.A. filed its 13F report for the fourth quarter on March 27, 2026.

The players

Assenagon Asset Management S.A.

An institutional investment management firm based in Germany.

Meta Platforms, Inc.

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

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The takeaway

The reduction in Assenagon's Meta Platforms stake, while relatively small, could signal broader caution among some institutional investors about the social media giant's long-term prospects. However, Meta remains one of the most widely held and influential technology companies globally.