In a recent SEC 13F filing, Jensen Investment Management disclosed a significant reduction of its position in Meta Platforms, Inc. (META) during the second quarter of 2026. The filing, which reflects holdings as of June 30, 2026, revealed a 67.92% decrease in shares held, from 341.15K to 109.46K. This transaction is based on a delayed quarterly disclosure and does not represent a single-day trade.
The sale preceded Meta's second-quarter earnings report on July 29, 2026, where the company announced strong revenue growth but also a substantial increase in AI-related expenses that squeezed profit margins and free cash flow. During the same period, Jensen also trimmed its positions in other major technology stocks, including Alphabet, Apple, and Microsoft.