New York, June 6, 2026, 09:02 (ET)
- Waystone Advisors, Eaton Financial Holdings and Fidelis Capital Partners disclosed Meta Platforms stakes valued at roughly $31.4 million as of year-end.
- Meta ended Friday at $593, dropping after traders worried it could turn to equity markets to raise cash for its artificial intelligence expansion.
- The filings are old and don’t show what’s happening now.
Meta Platforms drew $31.4 million in combined positions from Waystone Advisors, Eaton Financial Holdings and Fidelis Capital Partners as of Dec. 31, according to filing-based reports out Saturday. The filings point to these advisers holding Meta into 2026, even as the Facebook parent’s stock faced selling tied to artificial intelligence spending. MarketBeat
Meta shares dropped to $593 on Friday, shedding around 5.5%, after a report said the company was looking at a big equity raise to build artificial intelligence infrastructure like data centers and gear for AI models. MarketBeat shows institutional and hedge fund ownership stands at 79.91%, showing professional investors are still a big force in Meta’s stock. MarketBeat
Investors should be careful with these disclosures. A Form 13F is a quarterly filing listing some U.S.-listed holdings for institutional investment managers as of quarter-end. It doesn’t show current positions, prices paid, or if holdings have been sold since then. Investor
Waystone took a new position in Meta during Q4, purchasing 5,442 shares worth around $3.59 million, according to MarketBeat. Meta made up about 3.1% of Waystone’s portfolio and ranked sixth in size. An SEC filing covering the period ended Dec. 31 was filed on Feb. 9. MarketBeat
Eaton Financial Holdings boosted its stake in Meta by 13.4% during the quarter, picking up 1,523 shares for a new total of 12,917. The holding was valued around $8.53 million, making up 2.3% of the firm’s portfolio. Meta is now Eaton’s 12th-biggest position. MarketBeat
Fidelis Capital Partners raised its Meta stake by 5.2%, picking up 1,445 shares to reach a total of 29,269 shares, now valued at about $19.32 million. MarketBeat reported that Meta made up around 1.4% of Fidelis’s portfolio, putting it as the firm’s 15th-largest holding. MarketBeat
Meta’s buying interest comes as its capital needs grow. Reuters said Friday, citing the Financial Times, that Meta was weighing a massive stock sale to raise tens of billions of dollars. Alphabet recently raised $84.75 billion in bigger equity offerings as big tech firms look for ways to fund AI infrastructure. Reuters also said Meta hasn’t hired banks and may decide not to go ahead with a stock sale. Reuters
Meta stock fell after talk of a potential stock sale. Selling more shares can bring in cash fast, but it also means existing holders own a smaller piece. Just the chance of that kind of equity raise pressured the shares. A Meta spokesperson told Investing.com the report was “pure speculation,” saying Meta would keep looking for flexible ways to fund its AI push, according to the article on TradingView. TradingView
Meta bulls have new numbers to support their case. The company posted first-quarter revenue of $56.31 billion, a 33% jump, with diluted EPS at $10.44. Chief Executive Mark Zuckerberg described it as a “milestone quarter,” adding Meta was on track to bring “personal superintelligence to billions of people.” Meta
Costs are proving tougher. Meta bumped up its 2026 capex outlook, now guiding for $125 billion to $145 billion instead of the $115 billion to $135 billion it earlier gave. The company pointed to pricier infrastructure and bigger data-center spend. Capital expenditures, or capex, are outlays for long-term equipment like servers, chips and buildings. Meta
Some analysts think Meta could keep expanding its revenue outside advertising. Rosenblatt’s Barton Crockett wrote in May that the company’s focus on paid subscriptions could end up a real driver. Rosenblatt has a Buy on Meta and set a $1,015 price target, Investing.com reported. Investing.com
But risks remain. The 13F numbers are old, a stock sale down the road could hit current holders, and Meta’s big AI bills might frustrate investors if the revenue takes too long. Meta also flagged in its outlook that legal and regulatory issues in the U.S. and Europe, such as youth cases, could hit its business or cause big losses. Meta
Meta draws a split in the market. Smaller advisers held big Meta stakes at the end of the year, but the June question is whether Meta can keep paying for its AI push without changing how risky the stock is. Analysts at MarketBeat have a “Moderate Buy” on Meta with a price target of $840.60. Friday’s selloff put the focus on how Meta will finance itself. MarketBeat
