Chemung Canal Trust Co. Raises Stake in Meta Platforms, Inc. $META

Institutional investor increases its position in the social media giant's stock by over 27%

Apr. 1, 2026 at 7:53am

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Chemung Canal Trust Co., an institutional investor, increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 27.1% in the fourth quarter, according to a recent 13F filing with the Securities & Exchange Commission. The company now owns 12,799 shares of the social networking company's stock, valued at $8,448,000.

Why it matters

This move by Chemung Canal Trust Co. signals continued institutional confidence in Meta Platforms despite recent market volatility. As a major shareholder, Chemung's increased position could indicate positive long-term expectations for the company's performance and growth prospects.

The details

Chemung Canal Trust Co. purchased an additional 2,729 shares of Meta Platforms in the fourth quarter, bringing its total holdings to 12,799 shares. Meta Platforms accounts for 1.7% of Chemung's investment portfolio, making it the 15th largest position. Other hedge funds and institutional investors have also recently adjusted their positions in the company, with some increasing their stakes and others reducing exposure.

  • Chemung Canal Trust Co. filed its 13F report for the fourth quarter on January 29, 2026.
  • The additional 2,729 shares were purchased by Chemung Canal Trust Co. during the fourth quarter of 2025.

The players

Chemung Canal Trust Co.

An institutional investor and asset management firm that increased its stake in Meta Platforms, Inc. by 27.1% in the fourth quarter of 2025.

Meta Platforms, Inc.

The parent company of social media platforms Facebook, Instagram, WhatsApp, and Messenger, as well as augmented and virtual reality technologies.

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The takeaway

Chemung Canal Trust Co.'s increased stake in Meta Platforms suggests that some institutional investors remain bullish on the social media giant's long-term prospects, even as the company navigates regulatory challenges and market volatility. This move could signal confidence in Meta's ability to adapt and capitalize on emerging technologies like augmented and virtual reality.