Meta Platforms, Inc.
Ticker: METATechnologyComputer ServicesS&P 500The business
Meta Platforms, Inc. (NASDAQ: META) operates a global technology platform centered on human connection and social interaction. The company's mission focuses on building the future of human connection through technology that enables people to connect and share across mobile devices, personal computers, virtual reality headsets, and artificial intelligence glasses. Meta's website is located at meta.com.
The company operates two primary business segments. The Family of Apps segment generates substantially all revenue through advertising placements on Facebook, Instagram, Messenger, Threads, and WhatsApp. These products enable users to share content, build communities, discover information, and connect with others globally. The Reality Labs segment develops virtual and augmented reality hardware and software, including Meta Quest devices, Ray-Ban Meta and Oakley Meta AI glasses, and the Orion prototype AR glasses. Reality Labs also generates revenue from consumer hardware sales, software, and content, though this segment operates at a loss as it represents long-term research and development investments.
Meta's advertising platform allows marketers to reach users across multiple objectives including lead generation and brand awareness. The company operates a global sales force across more than 90 cities worldwide, supplemented by self-service advertising tools and third-party distribution channels for hardware products.
As of December 31, 2025, Meta employed 78,865 people globally with offices in more than 90 cities. The company's Family of Apps segment accounted for 82 percent of total costs and expenses in 2025, while Reality Labs represented 18 percent. The company's key metrics include daily active people across its Family of Apps and average revenue per person, though Meta acknowledges inherent challenges in measuring these metrics across large global populations.
Meta's intellectual property portfolio includes trademarks such as Meta, Facebook, Instagram, WhatsApp, Reels, and Meta Quest. The company maintains a history of open-sourcing artificial intelligence models, including its Llama foundation models, while continuing to develop proprietary AI capabilities for content recommendation, advertising optimization, and new product development. Meta's competitive advantages center on its large user base, advertising technology infrastructure, and significant investments in artificial intelligence and emerging computing platforms.
- Sector
- Technology
- Industry
- Computer Services
- HQ
- MENLO PARK, CA
- FY end
- 12-31
- CIK
- 1326801
- SIC
- 7370
Ownership
Who holds Meta Platforms, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 1.71% | $39.27B |
| VANGUARD 500 INDEX FUND VOO · VANGUARD INDEX FUNDS | 1.92% | $32.06B |
| Fidelity 500 Index Fund FXAIX · Fidelity Concord Street Trust | 2.13% | $17.70B |
| iShares Core S&P 500 ETF IVV · iShares Trust | 1.92% | $17.02B |
| State Street(R) SPDR(R) S&P 500(R) ETF Trust SPY | 1.92% | $14.99B |
Superinvestors in Meta Platforms, Inc.
Share of each manager's reported 13F portfolio.
Bonds held by funds
Funds report holding 26 issues of Meta Platforms, Inc.'s debt, $14.69B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.20%, maturing 2027–2066.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| META 4.875 11/15/35 | 4.875% | 2035-11-15 | 223 | $1.88B |
| META 5.625 11/15/55 . | 5.625% | 2055-11-15 | 307 | $1.53B |
| Meta Platforms, Inc. | 5.250% | 2036-05-15 | 221 | $1.07B |
| Meta Platforms, Inc. | 4.600% | 2032-11-15 | 182 | $1.05B |
| Meta Platforms, Inc. | 6.300% | 2056-05-15 | 248 | $1.03B |
| Meta Platforms, Inc. | 5.500% | 2045-11-15 | 211 | $989.33M |
| Meta Platforms, Inc. | 4.200% | 2030-11-15 | 138 | $779.61M |
| META PLATFORMS INC SR UNSEC 5.75% 11-15-65 | 5.750% | 2065-11-15 | 189 | $779.32M |
| Meta Platforms Inc | 6.200% | 2046-05-15 | 145 | $690.90M |
| META 6.45 05/15/66 | 6.450% | 2066-05-15 | 105 | $589.28M |
The 10 largest by fund-held value, of 26.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
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