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0.000613371498671105 0.000604077991115491 0.000604077991115491 -0.0034757718258025 -0.00827122172450314 -0.0120350922845299 -0.0169420642738983 -0.0172766305459006
Stock impact report

Meta Platforms Inc. (META): Billionaire David Abrams Trims Holding [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
Meta Platforms, Inc. (NASDAQ:META) has been a staple in the 13F portfolio of Abrams Capital Management for many years. The fund first purchased a stake in the tech giant back in late 2018. This position comprised just under a million shares. Only minor adjustments were made to this position for a year. In 2020, this holding was increased by 18% to 1.2 million shares. Till the last quarter of 2023, the fund did not make major changes to this bet. However, in the fourth quarter of 2022, it upped this stake more than 80% to around 2.2 million shares. The holding was subsequently reduced to 620,000 shares and then to under 400,000 shares by early 2025. Filings for the fourth quarter of 2025 show that the fund has trimmed the stake by another 17% to around 325,000 shares. READ MORE: RiverPark Large Growth Fund: “Meta Platforms (META) Remains an Attractive Long-Term Compounder" Meta Platforms, Inc. (NASDAQ:META) is among the top stock picks of elite investors because of a variety of fa Show less Read more
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