5 Best Quality Stocks To Buy Now

2. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Investors In Q3 2023: 234

Meta Platforms, Inc. (NASDAQ:META) is a technology company with social media and communications products. The firm faced a setback in November 2023 when a U.S. court ruled that the Federal Trade Commission is within its rights to reduce the money that Facebook can make from its underage users.

As of September 2023, 234 out of the 910 funds covered by Insider Monkey’s research had held a stake in the company. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is Meta Platforms, Inc. (NASDAQ:META)’s largest hedge fund shareholder due to its $3.4 billion stake.

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