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Blue Whale dumped Meta before its crash. What did it buy instead?
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Facebook parent Meta Platforms was probably the least-loved megacap tech stock before its slide over its weak first-quarter outlook. But its sheer size meant it was a widely owned holding — according to FactSet, 1,560 funds that have filed 13-F reports for the period ending 31 December held the stock.
The £1bn Blue Whale Growth fund was one of them — but, as first reported by Financial News, it says it got out in time, having owned the stock since its inception in 2017.
Stephen...
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