Swiss National Bank Doubles Down on $3.66 Billion Meta Stake

The Swiss National Bank has significantly increased its holdings in Meta Platforms, Inc., with a recent disclosure revealing that it now owns approximately $3.66 billion worth of the company's stock.

This marks a 7.5% increase from the previous quarter, with the bank purchasing an additional 446,640 shares of Meta's stock. The company currently comprises around 2.1% of the Swiss National Bank's investment portfolio, making it its 8th biggest holding.

This news comes as several institutional investors have made changes to their positions in META, including Brighton Jones LLC and Revolve Wealth Partners LLC, who increased their stakes by 1.7% and 10.2%, respectively.