Meta Platforms, Inc. $META Shares Purchased by M&T Bank Corp

M&T Bank Corp significantly increased its stake in Meta Platforms, Inc. by 181% in Q4, acquiring an additional 694,706 shares, making Meta its 7th largest holding. This move comes as Meta beat Q1 earnings expectations driven by AI-powered ad momentum, though analyst views are mixed due to concerns over Meta’s increased capital expenditure and Reality Labs losses versus long-term AI upside. Other institutional investors like State Street Corp, Danske Bank A S, and Concentrum Wealth Management have also adjusted their positions in Meta.