Meta Platforms sees mixed institutional trading activity

Recent SEC filings reveal varying movements in institutional holdings for Meta Platforms, Inc. Y Intercept Hong Kong Ltd significantly reduced its position in the second quarter, trimming its holdings by 84.2% and leaving the firm with 4,224 shares valued at approximately $2,379,000.

In contrast, Boothe Investment Group Inc. increased its stake in Meta Platforms by 18.8% during the second quarter. The firm now holds 11,874 shares, a position valued at roughly $6,688,000.

Other major institutional shifts include Vanguard Group Inc., which increased its holdings by 3.8% in the fourth quarter, and Auto Owners Insurance Co, which raised its position by over 76,000%. State Street Corp and Geode Capital Management LLC also reported increases in their respective stakes during the fourth quarter.