outfox

Divided signal · Not a clear accumulation candidate · Evidence v2

META

Meta Platforms, Inc.

2 expanding manager groups; 3 meaningfully reducing. A divided pattern.

Why it stays in divided signals

At least two distinct active-manager groups each newly reported the position or increased reported shares by at least 10%, raised its allocation by at least 0.5 percentage points, and ended with at least 1% of reported long-share value in the position. 2 groups pass for this company. However, meaningful reducing groups equal or outnumber expanding groups. This does not qualify as clear accumulation.

Different clocks: institutional comparisons use 2026-06-30 quarter-end holdings—not trades made today. Congressional and insider activity below uses 2026-08-10–2026-11-07 transaction dates. Historical records are shown separately.

Meaningfully expanding manager groups
2
Meaningfully reducing manager groups
3
90-day buying / selling filers
1 / 2
90-day buy / sale events
1 / 2
Repeat buying filers
0
Observed supporting source feeds
House · Funds / institutions

The portfolio changes behind the signal

Exact before/after quantities and allocation weights. Related entities count as one manager group; different share classes keep separate source rows.

Meaningful reported expansion

Renaissance Technologies

CL A · CUSIP 30303M102

2026-03-31 allocation
0.23%
2026-06-30 allocation
1.57%
Change within reported holdings
+1.34 percentage points
Reported shares
253373 → 2023153
Reported quantity change
+698.5%
Latest report filed
2026-08-13

Allocation = this position’s reported value ÷ the filing’s total long-share value, excluding put/call positions. It is not a share of the manager’s complete assets or personal wealth.

Meaningful reported expansion

David Tepper · Appaloosa

CL A · CUSIP 30303M102

2026-03-31 allocation
4.21%
2026-06-30 allocation
5.09%
Change within reported holdings
+0.88 percentage points
Reported shares
436500 → 675000
Reported quantity change
+54.6%
Latest report filed
2026-08-14

Allocation = this position’s reported value ÷ the filing’s total long-share value, excluding put/call positions. It is not a share of the manager’s complete assets or personal wealth.

A newly reported holding can reflect an IPO, transfer, reporting change or an actual purchase. Share counts are not split-adjusted, and weights can change with prices. These are meaningful reported expansions, not claims about executed orders or investment intent.

Check the other side

3 active-manager groups meaningfully reduced a reported quantity. 2 congressional/insider filers disclosed sales across 2 distinct filer/date events in the 90-day transaction window. Selling is not hidden or subtracted from the page.

Inspect 5 other manager/security observations, including reductions

Opposing evidence · reported reduction

Bridgewater

CL A · CUSIP 30303M102

2026-03-31 allocation
0.74%
2026-06-30 allocation
0.25%
Change within reported holdings
-0.49 percentage points
Reported shares
291665 → 110083
Reported quantity change
-62.3%
Latest report filed
2026-08-14

Allocation = this position’s reported value ÷ the filing’s total long-share value, excluding put/call positions. It is not a share of the manager’s complete assets or personal wealth.

Opposing evidence · reported reduction

Tiger Global

CL A · CUSIP 30303M102

2026-03-31 allocation
7.73%
2026-06-30 allocation
6.63%
Change within reported holdings
-1.10 percentage points
Reported shares
3086864 → 2823180
Reported quantity change
-8.5%
Latest report filed
2026-08-14

Allocation = this position’s reported value ÷ the filing’s total long-share value, excluding put/call positions. It is not a share of the manager’s complete assets or personal wealth.

Opposing evidence · reported reduction

Daniel Loeb · Third Point

CL A · CUSIP 30303M102

2026-03-31 allocation
2.47%
2026-06-30 allocation
0.00%
Change within reported holdings
-2.47 percentage points
Reported shares
90000 → 0
Reported quantity change
-100.0%
Latest report filed
2026-08-14

Allocation = this position’s reported value ÷ the filing’s total long-share value, excluding put/call positions. It is not a share of the manager’s complete assets or personal wealth.

Opposing evidence · reported reduction

Coatue

CL A · CUSIP 30303M102

2026-03-31 allocation
5.54%
2026-06-30 allocation
2.93%
Change within reported holdings
-2.61 percentage points
Reported shares
2812056 → 2526048
Reported quantity change
-10.2%
Latest report filed
2026-08-14

Allocation = this position’s reported value ÷ the filing’s total long-share value, excluding put/call positions. It is not a share of the manager’s complete assets or personal wealth.

Opposing evidence · reported reduction

Brad Gerstner · Altimeter

CL A · CUSIP 30303M102

2026-03-31 allocation
19.61%
2026-06-30 allocation
7.76%
Change within reported holdings
-11.84 percentage points
Reported shares
1953373 → 1354990
Reported quantity change
-30.6%
Latest report filed
2026-08-14

Allocation = this position’s reported value ÷ the filing’s total long-share value, excluding put/call positions. It is not a share of the manager’s complete assets or personal wealth.

Inspect 2 reported sale rows

Congress and corporate insider purchase evidence

1 distinct reporting filers and 1 distinct filer/date purchase events in this 90-day window. Joint Form 4 owners count as one reporting unit; same-day split rows do not create repeat buying.

Explore the longer history

Older disclosed activity provides context, not fresh confirmation. 25 eligible older source rows are available for this company in the current published collections.

Inspect older purchases and sales, with their actual dates
Reported sale

Olivan Javier

Corporate insiders · direct

Transaction
2026-03-23
Filed
2026-03-25
As reported
926 reported shares · filing indicates a trading plan
Original filing ↗
Reported sale

Olivan Javier

Corporate insiders · indirect

Transaction
2026-03-23
Filed
2026-03-25
As reported
82 reported shares · filing indicates a trading plan
Original filing ↗
Reported sale

Olivan Javier

Corporate insiders · indirect

Transaction
2026-03-23
Filed
2026-03-25
As reported
57 reported shares · filing indicates a trading plan
Original filing ↗
Reported sale

Olivan Javier

Corporate insiders · indirect

Transaction
2026-03-23
Filed
2026-03-25
As reported
82 reported shares · filing indicates a trading plan
Original filing ↗
Reported sale

Olivan Javier

Corporate insiders · indirect

Transaction
2026-03-23
Filed
2026-03-25
As reported
408 reported shares · filing indicates a trading plan
Original filing ↗

First 20 older rows shown. Search the source collections for the complete published subset.

Identity links and coverage

Four feeds are evaluated, not assumed to agree. Incomplete insider filing windows cannot establish a complete 90-day absence. Only comparable, non-amended full 13F reports contribute to manager-expansion thresholds; giant index/bank portfolios do not qualify a stock merely by holding it.

META · Class A · 30303M102

Issuer CIK 0001326801. Reviewed exact security link, not a fuzzy-name join.

SEC identity evidence 1 ↗

Current insider collection windows: 2026-01-01–2026-01-02; 2026-01-03–2026-01-04; 2026-01-05–2026-01-06; 2026-03-18–2026-03-19; 2026-03-20–2026-03-21; 2026-03-22–2026-03-23; 2026-03-24–2026-03-25; 2026-03-26–2026-03-27; 2026-03-28–2026-03-29; 2026-10-16–2026-10-16.

As of 2026-11-07. Evidence strength is not validated predictive performance. No profit, personal return or future stock move is implied. Read the published rules →

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