Multiple Firms Adjust Meta Platforms Stakes

A wave of institutional position adjustments hit META in recent 13F filings. QRG Capital Management raised its stake by 2.0%, retaining 304,917 shares, while Truist Financial Corp maintains $720.3 million in Meta — representing 1.0% of its portfolio and its 16th-largest holding. Conversely, Alliance Wealth Advisors LLC and Triasima Portfolio Management cut their Meta positions, reflecting diverging views on the stock's risk-reward at current valuations.

META reported 33% revenue growth in Q1 2026, reinforcing the AI monetization thesis that has driven institutional accumulation over the past year. Meta raised its FY2026 capital expenditure guidance to $125–$145 billion (up from $115–$135 billion) to accelerate AI infrastructure investment, a move that pressured near-term margin expectations but demonstrated long-term conviction in AI-driven ad targeting and the Reality Labs roadmap.

Truist Financial cut its META price target to $840 from $900 on April 30, 2026, while maintaining a Buy rating — a recalibration that acknowledges near-term capex headwinds while preserving the bullish long-term thesis. The split between accumulators and reducers across institutions suggests the market is divided on when heavy AI spending will translate into measurable earnings uplift, making META a high-conviction name on both sides of the trade.

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