Fjarde Ap-Fonden /Fourth Swedish National Pension Fund 13F: Cuts META Stake by $29M

Fjarde Ap-Fonden /Fourth Swedish National Pension Fund trimmed its position in Meta Platforms, Inc. (NASDAQ: META) by 40,088 shares in a filing on October 15, 2026. This reduces its total holdings to 659,159 shares, valued at approximately $478 million.

What Changed in Fjarde Ap-Fonden's Meta Position

Fjarde Ap-Fonden's stake decreased by 5.7%, reflecting a strategic move as the fund manages its portfolio. The latest filing indicates the fund still holds a significant position in the tech giant.

Other Institutional Activity in Meta

Blackrock Inc. grew its holdings by 4,558,635 shares, ending with 173,396,976 shares worth about $122.9 billion. Vanguard Capital Management LLC added 1,307,627 shares, bringing its total to 143,440,997 shares valued at $101.7 billion. State Street Corporation increased its stake by 3,514,233 shares, resulting in 92,033,963 shares worth around $65.3 billion. Meanwhile, FMR, LLC reduced its position by 20,723,183 shares, now holding 95,895,744 shares valued at $68.0 billion.

Meta Platforms, Inc. Stock Down 4.4%

Meta shares recently traded around $705.01 as of October 16, 2026, which is about 8.5% above its 50-day moving average and 11.7% above its 200-day moving average. However, the stock is approximately 9.6% below its 52-week high of $779.82. The mean price target from analysts stands at $813.65, suggesting that the stock is currently trading below this target by about 13.4%.

Recent Earnings

For the trailing twelve months, Meta reported revenue of approximately $228.2 billion with an earnings per share (EPS) of $26.54. The company has shown strong growth with a year-over-year revenue increase of 28%. The next earnings report is scheduled for October 21, 2026.

Insider Buying and Selling at Meta Platforms, Inc.

In recent insider transactions, Chief Operating Officer Javier Olivan sold 1,575 shares multiple times in October, with the average price around $728.08. These sales occurred on different dates leading up to the filing, reflecting ongoing activity among insiders.

Analysts Set New Price Targets

On October 12, 2026, Cantor Fitzgerald maintained an Overweight rating with a price target of $840.00, while Pivotal Research also maintained a Buy rating but raised its target to $930.00 on October 13. Truist Securities reiterated a Buy rating with a target of $1,000.00. Overall, analysts maintain a consensus of Strong Buy with a mean price target of $813.65 based on 58 opinions.

About Meta Platforms, Inc.

Meta Platforms, Inc., headquartered in Menlo Park, CA, focuses on creating products that help people connect through mobile and virtual platforms. The company operates through two main segments: Family of Apps and Reality Labs. Recent changes in institutional holdings indicate ongoing interest and investment in its growth potential.

Bottom Line

Fjarde Ap-Fonden’s recent move to trim its stake in Meta reflects shifting strategies among institutional investors. Keep an eye on Meta’s upcoming earnings release on October 21, 2026, for further insights into its financial performance and market position, as well as any new filings from major investors. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.