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META
LONGINSIDER SELLCONGRESS BUYCONGRESS SELLMETA PLATFORMS INC
Research: Finviz ↗·Perplexity ↗
🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.
Funds
8
Score
12.34
vs SPY
-16.5%
Stock return (since Q-end)
+3.2%
SPY return (since Q-end)
+19.7%
Current price
$589.85
Days to cover (short int.)
1.8d↓-16.9%
as of 2026-07-31
News Summary
NegativeMeta delivered strong Q1 revenue growth (+33% YoY) and record net income, but Q2 results revealed significant operational challenges: EPS missed consensus by 14% despite beating revenue, driven by a 55% spike in costs and $3.58B in one-time charges. The company is now guiding capex of $130–$145B for 2026 (vs. $72.2B in 2025), an "infrastructure supercycle" that raises material questions about long-term AI ROI and margin sustainability.
Red flags
- •Q2 2026 EPS missed consensus by 14.42% ($6.18 vs. $7.22), snapping 6-quarter beat streak
- •Operating margin compressed to 31% in Q2 from 43% YoY due to 55% cost spike
- •$2.4B in legal charges and $1.18B in severance in Q2 alone
- •Capex guidance raised to $130–$145B for 2026 (vs. $72.2B in 2025); investor concerns over AI infrastructure ROI
- •Meta stock fell ~4% after Q2 earnings; analyst concerns on capex trajectory and ROI
- •FTC appeal of antitrust ruling seeks potential structural breakup (Instagram/WhatsApp separation)
- •Reality Labs segment loss widened to $4.62B in Q2; continued cash burn
- •10% global workforce reduction (8,000 jobs) framed as offset to capex—signals operating model strain
- •Youth-related regulatory trials scheduled in 2026 with potential material losses
- •Tax rate guidance raised to 15–17% from prior 13–16%
Funds Buying (8)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| Tiger Global | Chase Coleman | 3.1M | +336K | $1.8B | 7.7% | +12% | Existing |
| Altimeter Capital | Brad Gerstner | 2.0M | +108K | $1.1B | 19.6% | +6% | Existing |
| Viking Global | Andreas Halvorsen | 1.1M | +1.1M | $608M | 1.7% | — | NEW |
| Point72 | Steve Cohen | 908K | +908K | $520M | 0.9% | — | NEW |
| Dragoneer | Marc Stad | 713K | +713K | $408M | 13.6% | — | NEW |
| Glenview Capital | Larry Robbins | 123K | +111K | $70M | 1.9% | +960% | Existing |
| Third Point | Dan Loeb | 90K | +90K | $51M | 2.5% | — | NEW |
| Soros Fund Management | Soros Family Office | 35K | +35K | $20M | 0.3% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where META ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
Altimeter Capital
position #2 of this fund's book
- 1NVIDIA CORPORATION$1,628M
- 2META PLATFORMS INC$1,118M
- 3UBER TECHNOLOGIES INC$573M
- 4TAIWAN SEMICONDUCTOR MFG LTD$462M
- 5MICROSOFT CORP$438M
Dragoneer
position #3 of this fund's book
- 1NVIDIA CORPORATION$650M
- 2COUPANG INC$526M
- 3META PLATFORMS INC$408M
- 4CARVANA CO$394M
- 5GLOBAL E ONLINE LTD$343M
- 6BLOCK INC$176M
Tiger Global
position #5 of this fund's book
- 2NVIDIA CORPORATION$2,095M
- 3AMAZON COM INC$2,083M
- 4TAIWAN SEMICONDUCTOR MANUFAC$1,881M
- 5META PLATFORMS INC$1,766M
- 6SEA LTD$1,277M
- 7BROADCOM INC$1,110M
- 8MICROSOFT CORP$925M
Third Point
position #11 of this fund's book
- 8TAIWAN SEMICONDUCTOR MANUFAC$93M
- 9API GROUP CORP$82M
- 10LIVE NATION ENTERTAINMENT IN$71M
- 11META PLATFORMS INC$51M
- 12ALPHABET INC$50M
- 13SPDR GOLD TR$41M
- 14HUT 8 CORP$41M
Point72
position #11 of this fund's book
- 8TAIWAN SEMICONDUCTOR MANUFAC$628M
- 9APPLIED MATLS INC$587M
- 10EQUINIX INC$524M
- 11META PLATFORMS INC$520M
- 12SPOTIFY TECHNOLOGY S A$444M
- 13RTX CORPORATION$395M
- 14AKAMAI TECHNOLOGIES INC$379M
Glenview Capital
position #15 of this fund's book
- 12UBER TECHNOLOGIES INC$105M
- 13ZOOMINFO TECHNOLOGIES INC$95M
- 14BLOCK INC$82M
- 15META PLATFORMS INC$70M
- 16APPLIED MATLS INC$67M
- 17ONTO INNOVATION INC$61M
- 18DICKS SPORTING GOODS INC$59M
Viking Global
position #25 of this fund's book
- 22BOEING CO$636M
- 23PNC FINL SVCS GROUP INC$630M
- 24T-MOBILE US INC$623M
- 25META PLATFORMS INC$608M
- 26REGAL REXNORD CORPORATION$589M
- 27MID-AMER APT CMNTYS INC$586M
- 28JOHNSON CONTROLS INTERNATION$579M
Values are quarter-end position sizes. Shown only for funds where META ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Signal History
| Quarter | Direction | Funds | Score | vs SPY |
|---|---|---|---|---|
| Q2 2026 | LONG | 7 | 10.83 | -5.2% |
| Q1 2026 | LONG | 8 | 12.34 | -16.5% |
Same issuer appearing in consecutive quarters — persistent institutional conviction. Returns are frozen at each archived quarter's last refresh.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed | Src |
|---|---|---|---|---|---|---|---|
| Olivan Javier | Chief Operating Officer | SELL | 113 | $602.41 | $0.07M | 2026-08-10 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 816 | $600.00 | $0.49M | 2026-08-10 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 164 | $600.00 | $0.10M | 2026-08-10 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 114 | $600.00 | $0.07M | 2026-08-10 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 164 | $600.00 | $0.10M | 2026-08-10 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 40 | $607.14 | $0.02M | 2026-08-10 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 40 | $605.97 | $0.02M | 2026-08-10 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 92 | $604.08 | $0.06M | 2026-08-10 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 149 | $600.00 | $0.09M | 2026-08-10 | ↗ |
| Andreessen Marc L | — | SELL | 44 | $590.39 | $0.03M | 2026-08-04 | ↗ |
| Andreessen Marc L | — | SELL | 250 | $588.16 | $0.15M | 2026-08-04 | ↗ |
| Andreessen Marc L | — | SELL | 87 | $589.24 | $0.05M | 2026-08-04 | ↗ |
| Andreessen Marc L | — | SELL | 45 | $591.69 | $0.03M | 2026-08-04 | ↗ |
| KIMMITT ROBERT M | — | SELL | 500 | $561.56 | $0.28M | 2026-08-03 | ↗ |
| Alford Peggy | — | SELL | 464 | $543.56 | $0.25M | 2026-07-31 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 57 | $607.85 | $0.03M | 2026-07-27 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $607.85 | $0.05M | 2026-07-27 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $607.85 | $0.05M | 2026-07-27 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 408 | $607.85 | $0.25M | 2026-07-27 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 837 | $607.85 | $0.51M | 2026-07-27 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $645.85 | $0.05M | 2026-07-20 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 408 | $645.85 | $0.26M | 2026-07-20 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $645.85 | $0.05M | 2026-07-20 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 837 | $645.85 | $0.54M | 2026-07-20 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 57 | $645.85 | $0.04M | 2026-07-20 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 57 | $661.13 | $0.04M | 2026-07-13 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $661.13 | $0.05M | 2026-07-13 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 408 | $661.13 | $0.27M | 2026-07-13 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 2K | $660.98 | $1.01M | 2026-07-13 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $661.13 | $0.05M | 2026-07-13 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 736 | $600.32 | $0.44M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 2K | $600.40 | $1.25M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 816 | $601.45 | $0.49M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 376 | $602.63 | $0.23M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 80 | $603.14 | $0.05M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 246 | $600.00 | $0.15M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 171 | $600.00 | $0.10M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 246 | $600.00 | $0.15M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 314 | $601.44 | $0.19M | 2026-07-06 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 174 | $602.75 | $0.10M | 2026-07-06 | ↗ |
| KIMMITT ROBERT M | — | SELL | 500 | $607.75 | $0.30M | 2026-07-01 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 140 | $600.00 | $0.08M | 2026-06-15 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 816 | $600.00 | $0.49M | 2026-06-15 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 164 | $600.00 | $0.10M | 2026-06-15 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 114 | $600.00 | $0.07M | 2026-06-15 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 164 | $600.00 | $0.10M | 2026-06-15 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 57 | $629.29 | $0.04M | 2026-06-01 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 408 | $629.29 | $0.26M | 2026-06-01 | ↗ |
| KIMMITT ROBERT M | — | SELL | 504 | $629.29 | $0.32M | 2026-06-01 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 837 | $629.29 | $0.53M | 2026-06-01 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $629.29 | $0.05M | 2026-06-01 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $629.29 | $0.05M | 2026-06-01 | ↗ |
| Mahoney Curtis J. | Chief Legal Officer | SELL | 2K | $609.92 | $1.27M | 2026-05-27 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 837 | $608.98 | $0.51M | 2026-05-26 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $608.98 | $0.05M | 2026-05-26 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 57 | $608.98 | $0.03M | 2026-05-26 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $608.98 | $0.05M | 2026-05-26 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 408 | $608.98 | $0.25M | 2026-05-26 | ↗ |
| Bosworth Andrew | Chief Technology Officer | SELL | 200 | $610.33 | $0.12M | 2026-05-18 | ↗ |
| LI SUSAN J | Chief Financial Officer | SELL | 2K | $609.15 | $1.43M | 2026-05-18 | ↗ |
| LI SUSAN J | Chief Financial Officer | SELL | 1K | $609.93 | $0.70M | 2026-05-18 | ↗ |
| LI SUSAN J | Chief Financial Officer | SELL | 82 | $611.39 | $0.05M | 2026-05-18 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 408 | $609.35 | $0.25M | 2026-05-18 | ↗ |
| Bosworth Andrew | Chief Technology Officer | SELL | 400 | $604.51 | $0.24M | 2026-05-18 | ↗ |
| Bosworth Andrew | Chief Technology Officer | SELL | 800 | $605.69 | $0.48M | 2026-05-18 | ↗ |
| Bosworth Andrew | Chief Technology Officer | SELL | 1K | $606.61 | $0.70M | 2026-05-18 | ↗ |
| Bosworth Andrew | Chief Technology Officer | SELL | 2K | $607.60 | $1.35M | 2026-05-18 | ↗ |
| Bosworth Andrew | Chief Technology Officer | SELL | 1K | $608.63 | $0.62M | 2026-05-18 | ↗ |
| Bosworth Andrew | Chief Technology Officer | SELL | 2K | $609.54 | $1.22M | 2026-05-18 | ↗ |
| LI SUSAN J | Chief Financial Officer | SELL | 2K | $607.87 | $1.10M | 2026-05-18 | ↗ |
| Bosworth Andrew | Chief Technology Officer | SELL | 54 | $611.83 | $0.03M | 2026-05-18 | ↗ |
| LI SUSAN J | Chief Financial Officer | SELL | 526 | $604.63 | $0.32M | 2026-05-18 | ↗ |
| LI SUSAN J | Chief Financial Officer | SELL | 1K | $605.88 | $0.75M | 2026-05-18 | ↗ |
| LI SUSAN J | Chief Financial Officer | SELL | 2K | $607.03 | $1.24M | 2026-05-18 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 837 | $609.35 | $0.51M | 2026-05-18 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $609.35 | $0.05M | 2026-05-18 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 57 | $609.35 | $0.03M | 2026-05-18 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $609.35 | $0.05M | 2026-05-18 | ↗ |
| LI SUSAN J | Chief Financial Officer | SELL | 2K | $618.43 | $1.32M | 2026-05-15 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 57 | $604.57 | $0.03M | 2026-05-11 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 926 | $604.57 | $0.56M | 2026-05-11 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $604.57 | $0.05M | 2026-05-11 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 408 | $604.57 | $0.25M | 2026-05-11 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $604.57 | $0.05M | 2026-05-11 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 57 | $607.74 | $0.03M | 2026-05-04 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 408 | $607.74 | $0.25M | 2026-05-04 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $607.74 | $0.05M | 2026-05-04 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 82 | $607.74 | $0.05M | 2026-05-04 | ↗ |
| Olivan Javier | Chief Operating Officer | SELL | 926 | $607.74 | $0.56M | 2026-05-04 | ↗ |
| Alford Peggy | — | SELL | 409 | $614.53 | $0.25M | 2026-05-01 | ↗ |
Congressional Trading
| Member | Chamber | State | Type | Amount Range | Transaction Date | Filed | Src |
|---|---|---|---|---|---|---|---|
| Matthew Robert Van Epps | house | TN07 | SELL | $1,001 - $15,000 | 2026-06-16 | 2026-06-17 | ↗ |
| Daniel Crenshaw | house | TX02 | SELL | $1,001 - $15,000 | 2026-06-01 | 2026-07-16 | ↗ |
| Daniel Crenshaw | house | TX02 | SELL | $1,001 - $15,000 | 2026-05-05 | 2026-07-16 | ↗ |
| Daniel Crenshaw | house | TX02 | BUY | $1,001 - $15,000 | 2026-04-28 | 2026-07-16 | ↗ |
| Alan Armstrong | senate | — | BUY | $15,001 - $50,000 | 2026-03-27 | 2026-07-21 | ↗ |
Periodic Transaction Reports filed under the STOCK Act. Amounts are disclosed as ranges, not exact dollar figures.