Andreas Halvorsen's Viking Global significantly increased its investment in Meta Platforms during the second quarter of 2026, boosting its stake by over 75% to 1.87 million shares. According to its quarterly 13F report, a delayed disclosure filed in mid-August, the value of Viking's position grew to $1.05 billion as of June 30.
This sizable trade occurred as other prominent hedge funds also showed conviction in the social media giant, with firms like David Tepper's Appaloosa and Bill Ackman's Pershing Square likewise adding to their Meta holdings during the same period. However, sentiment was not universally bullish, as other major investors, such as Tiger Global, trimmed their positions, indicating a divided opinion on the stock's prospects among large money managers.