In its Q3 2025 filing, Daniel Loeb’s Third Point Management disclosed a significant increase in its Meta Platforms position. While the hedge fund tripled its Microsoft stake by adding 700,000 shares, it also substantially expanded its holding in Meta. This move follows Meta’s Q3 revenue surge of 26% year-over-year and a subsequent share price decline of 10% after management’s guidance on increased data center capital expenditures for 2026. Third Point’s timing suggests confidence in Meta’s advertising-driven cash flows and attractive valuation at roughly 22 times consensus earnings estimates for fiscal 2026, below the broader S&P 500 multiple of 22.3x.

In the same quarter, FFG Partners LLC increased its Meta Platforms position by 28.0%, purchasing an additional 2,684 shares to bring its total holding to 12,266 shares. The stake represented 2.4% of the firm’s portfolio and ranked as its 19th largest. At the end of Q3, the position carried a market value of approximately $9.0 million. FFG Partners’ incremental accumulation underscores its view that Meta’s combination of robust ad revenue growth and near-term share weakness creates a compelling long-term opportunity.

Westend Capital Management LLC reduced its Meta Platforms position by 16.3% during Q3, selling 4,664 shares and ending the period with 24,035 shares. This holding accounted for 5.1% of Westend’s overall portfolio, making Meta its seventh largest position, valued at about $17.7 million. The trim reflects portfolio rebalancing following Meta’s strong 26% top-line growth, suggesting that Westend sees the stock’s post-earnings pullback as a moment to harvest partial gains while maintaining meaningful exposure.

Marathon Asset Management Ltd disclosed a 23.6% reduction in its Meta Platforms holding in Q3, offloading 32,120 shares to finish the quarter with 103,799 shares. Meta comprised 2.8% of Marathon’s portfolio and was its ninth largest position, worth roughly $76.2 million at quarter-end. The sale contrasts with other funds adding to their stakes, indicating Marathon’s decision to reallocate capital away from big-cap tech names despite Meta’s earnings beat—reported EPS of $7.25 against consensus of $6.74 and 26.2% revenue growth—and solid free cash flow generation.