SBI Securities 13F: Cuts Meta Platforms (META) Stake by $2M

SBI Securities trimmed its position in Meta Platforms, Inc. (META) by 2,795 shares during the quarter, according to a Form 13F filed with the SEC on October 22, 2026. The reduction represents a 5.4% decrease from the previous holding.

META Meta Platforms, Inc.

$694.25 ▲ +7.02% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in SBI Securities's Meta Platforms, Inc. Position

SBI Securities ended the reported period with 47,664 shares of Meta Platforms, down from its earlier stake of 50,459 shares. The remaining position was valued at roughly $34.6 million based on the market conditions at the filing. Such adjustments are common as institutional investors rebalance their portfolios across different technology holdings.

Other Institutional Activity in Meta Platforms, Inc.

Other large investors adjusted their stakes in the tech giant around the same time. Carnegie Investment Counsel grew its holdings by 2,433 shares, ending with 140,366 shares worth about $99.0 million. Quilter grew its holdings by 13,847 shares, ending with 290,000 shares worth about $210.3 million. Pictet North America Advisors grew its holdings by 2,269 shares, ending with 33,415 shares worth about $24.2 million. AlphaStar Capital Management grew its holdings by 888 shares, ending with 14,901 shares worth about $10.8 million. PensionDanmark Pensionsforsikringsaktieselskab grew its holdings by 13,642 shares, ending with 420,531 shares worth about $305.0 million.

Meta Platforms, Inc. Stock Down 5.3%

Meta Platforms shares recently traded around $657.74 as of October 22, 2026, after closing at $652.83 on the filing date. The stock sits about 0.8% above its event-day close and stands roughly 4.0% above its 200-day moving average of $632.62. Shares have traded between a 52-week low of $520.26 and a 52-week high of $779.82, reflecting steady demand over the past year.

Recent Earnings

Meta Platforms operates popular digital connection platforms through its Family of Apps and Reality Labs segments, supporting billions of users worldwide.

Dividend

Meta Platforms pays an annual dividend rate of $2.10 per share, yielding about 0.3% with a conservative payout ratio.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan completed multiple transactions of company shares during the recent period, including sales executed under planned trading schedules.

Analysts Set New Price Targets

Scotiabank, JP Morgan, TD Cowen, Piper Sandler, and StoneX issued ratings and updated price targets for the stock on October 22, 2026, contributing to an overall consensus strong buy recommendation.

About Meta Platforms, Inc.

Meta Platforms builds applications and hardware that help people stay connected through mobile devices, personal computers, and virtual reality gear. The company generates substantial advertising and commerce revenue across its core social apps while investing heavily in artificial intelligence and immersive hardware.

Bottom Line

Institutional adjustments like this one offer a window into how major financial institutions manage their large equity portfolios. Investors tracking Meta Platforms will watch upcoming earnings reports and ongoing institutional filing updates for further clues on market sentiment.