Top 10 Stocks in the S&P 500 by Index Weight Right Now

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

ETF Weight: 2.22%

Meta Platforms, Inc. (NASDAQ:META) is the holding company for Facebook, Instagram, and WhatsApp. After a weak first quarter earnings report that sent the stock tumbling, its troubles appear to be far from over as the EU has opened a new investigation into the firm.

For their shareholdings during last year’s December quarter, 242 out of the 933 hedge funds tracked by Insider Monkey had bought and owned the firm’s shares. Rajiv Jain’s GQG Partners is Meta Platforms, Inc. (NASDAQ:META) largest stakeholder among these due to its $3.9 billion investment.

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