Ninety One UK 13F: Adds $356M to Meta Platforms (META) Stake

Ninety One UK significantly expanded its footprint in Meta Platforms, Inc. (NasdaqGS: META), adding nearly 95.4% more shares to its portfolio according to a Form 13F filing with the SEC on October 15, 2026. Because 13F filings look backward at holdings from the end of the reporting period, this disclosure captures the fund's positioning up to that date and may not reflect its exact current share count today.

What Changed in Ninety One UK's Meta Platforms Position

During the period, Ninety One UK purchased an additional 491,527 shares of Meta Platforms. That brought its total stake to 1,006,492 shares. The reported value of the position stood at $729,887,881. This 95.4% increase marks a major vote of confidence in the tech giant from the asset manager.

Other Institutional Activity in Meta Platforms

Other large institutional investors made notable adjustments to their Meta holdings around the same time. Blackrock Inc. grew its holdings by 4,558,635 shares, ending with 173,396,976 shares worth about $122,994,812,117. Vanguard Capital Management LLC lifted its stake by 1,307,627 shares to finish with 143,440,997 shares valued at roughly $101,746,286,948. FMR, LLC trimmed its position by 20,723,183 shares, leaving it with 95,895,744 shares worth $68,021,249,783. State Street Corporation increased its holdings by 3,514,233 shares, concluding the period with 92,033,963 shares valued at $65,281,991,928. Finally, Geode Capital Management, LLC raised its stake by 785,385 shares, holding 54,949,893 shares worth about $38,977,333,523.

Meta Platforms, Inc. Stock Down 4.4%

Meta Platforms recently traded around $705.01 per share as of October 16, 2026. The stock sits about 8.5% above its 50-day moving average of $649.89 and roughly 11.7% above its 200-day moving average of $631.37. Shares trade below their 52-week high of $779.82 but remain well above their 52-week low of $520.26.

Recent Earnings

Meta Platforms generated trailing-twelve-month revenue of $228,246,994,944 alongside trailing earnings of $26.54 per share. The company posted a net profit margin of 29.8% and a return on equity of 29.8%, with year-over-year revenue growth landing at 28.0%. Investors look ahead to the company's next earnings report scheduled for October 21, 2026.

Dividend

Meta Platforms pays an annual dividend yielding 0.29%, supported by a dividend payout ratio of 7.9% of earnings.

Insider Buying and Selling at Meta Platforms, Inc.

Company insiders executed several transactions prior to the filing. Chief Operating Officer Javier Olivan sold 1,575 shares on September 28, 2026, for a total value of $1,180,966. Olivan sold another 1,575 shares on October 5, 2026, at an average price of $728.08, totaling $1,146,726. On October 12, 2026, Olivan completed two separate transactions of 1,575 shares each at $728.10 per share, with values of $1,146,757.50 and $1,146,758.00 respectively, with one of these trades executed under a Rule 10b5-1 plan.

Analysts Set New Price Targets

Wall Street firms updated their views on Meta ahead of the filing. On October 12, 2026, Cantor Fitzgerald maintained its Overweight rating while lowering its price target from $860.00 to $840.00. On October 13, 2026, Pivotal Research maintained its Buy rating and raised its target from $790.00 to $930.00. Truist Securities maintained a Buy rating on October 13, 2026, lifting its target from $763.00 to $1,000.00. Keybanc reiterated its Overweight rating on October 13, 2026, with a steady price target of $900.00. Rosenblatt maintained a Buy rating on October 13, 2026, keeping its price target at $886.00. Overall, the stock carries a consensus Strong Buy recommendation from 58 analysts, with a mean price target of $813.65.

About Meta Platforms

Meta Platforms builds technologies that help people connect through mobile devices, personal computers, virtual reality headsets, and wearable glasses. The company operates through two main segments, its Family of Apps and Reality Labs, focusing on social media platforms, digital advertising, and consumer hardware. Institutional interest remains high as the company continues investing heavily in artificial intelligence and digital infrastructure.

Bottom Line

Ninety One UK's sizable purchase underscores strong institutional appetite for Meta heading into the final quarter of the year. Investors will monitor the upcoming October 21 earnings report for fresh updates on revenue growth and operational spending. As always, 13F filings provide a delayed snapshot of fund allocations and do not represent active day-to-day trading activity. 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.