Who Owns the Most Meta Stock Besides Mark Zuckerberg?
The face of Facebook, Mark Zuckerberg, founded the social networking company 20 years ago. Now organized under the parent company Meta Platforms (NASDAQ: META), Facebook remains one of the most influential social media sites on the internet under the leadership of Zuckerberg, the company's largest shareholder.
But that's not to say that there aren't other individuals and institutions with sizable positions in Meta. Let's dig under the surface a little and see who the other major investors in Meta stock are.
Beyond Zuck -- the other prominent Meta shareholders
In terms of insiders, the next-largest Meta shareholder after Mark Zuckerberg is Sheryl Sandberg. In addition to serving as the company's chief operating officer for 14 years, Sandberg was a member of the company's board of directors, a position which she left in May 2024. According to a May 31, 2024 regulatory filing, Sandberg owns 639,610 shares of Meta stock, representing about 0.03% of the 2,191,446,233 outstanding shares of the company's Class A stock.
With regards to institutional owners, Vanguard holds the top spot among the social media company's investors, owning 186,347,527 shares of Meta stock. Representing about 8.4% of Meta Class A stock, Vanguard's ownership stake is impressive. But it's worth noting that BlackRock also has a hefty position, owning 7.1% of Meta stock in its iShares series of exchange-traded funds.
Is now a smart time to add Meta to your portfolio?
After seeing the sizable positions that some hold in Meta, retail investors may be wondering if they should pick up shares for themselves. In light of the commanding position that Meta has in social networking, it's a more-than-reasonable consideration. What's especially worth recognizing is the company's commitment to incorporating artificial intelligence (AI) into the various platforms that the company owns, making it a worthy option for investors looking for AI exposure that transcends semiconductor companies.
Should you invest $1,000 in Meta Platforms right now?
Before you buy stock in Meta Platforms, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Meta Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $775,568!*
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.
*Stock Advisor returns as of June 24, 2024
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy.
Who Owns the Most Meta Stock Besides Mark Zuckerberg? was originally published by The Motley Fool