Oak Thistle LLC Reduces Meta Platforms Stake

April 16, 2026

An extreme close-up of intricately connected metal gears and machinery, representing the complex financial infrastructure behind a major technology company.The reduction in ownership of Meta Platforms by a major hedge fund reflects the complex financial machinery underlying the social media giant.Menlo ParkToday

Oak Thistle LLC, a hedge fund, significantly reduced its position in Meta Platforms, Inc. (NASDAQ:META) during the fourth quarter of 2025, selling 3,962 shares and retaining only 305 shares worth $201,000 according to a recent SEC filing.

Why it matters

This reduction in ownership by Oak Thistle, a notable institutional investor, could signal broader concerns about Meta Platforms’ future performance and growth prospects among some financial firms. However, the company remains a widely held stock, with institutional investors owning nearly 80% of the shares.

The details

According to the filing, Oak Thistle LLC owned 305 shares of Meta Platforms as of the end of the fourth quarter, down from 4,267 shares held at the end of the prior quarter. This represents a 92.9% decrease in the hedge fund’s position in the social media company.

  • Oak Thistle LLC filed the 13F report disclosing the position change on April 16, 2026.
  • The reduction in shares occurred during the fourth quarter of 2025.

The players

Oak Thistle LLC

A hedge fund that previously held a position in Meta Platforms, Inc.

Meta Platforms, Inc.

The social media and technology company formerly known as Facebook, Inc.

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The takeaway

This filing highlights the ongoing scrutiny and shifting sentiment around Meta Platforms as the company navigates regulatory challenges, competition, and evolving user trends. Investors will be closely watching for any further changes in institutional ownership of the stock.