Taikang Asset Management Hong Kong Co Ltd increased its stake in Facebook, Inc. (NASDAQ:FB) by 9.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,579 shares of the social networking company’s stock after acquiring an additional 1,168 shares during the period. Facebook makes up 0.7% of Taikang Asset Management Hong Kong Co Ltd’s investment portfolio, making the stock its 29th largest position. Taikang Asset Management Hong Kong Co Ltd’s holdings in Facebook were worth $4,722,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baldrige Asset Management LLC acquired a new stake in shares of Facebook in the second quarter worth approximately $31,000. Baron Financial Group LLC boosted its position in shares of Facebook by 71.4% in the first quarter. Baron Financial Group LLC now owns 120 shares of the social networking company’s stock worth $35,000 after acquiring an additional 50 shares during the last quarter. Paragon Wealth Strategies LLC acquired a new stake in shares of Facebook in the second quarter worth approximately $46,000. Horan Securities Inc. boosted its position in shares of Facebook by 309.1% in the second quarter. Horan Securities Inc. now owns 135 shares of the social networking company’s stock worth $47,000 after acquiring an additional 102 shares during the last quarter. Finally, Cranbrook Wealth Management LLC boosted its position in shares of Facebook by 43.1% in the first quarter. Cranbrook Wealth Management LLC now owns 156 shares of the social networking company’s stock worth $46,000 after acquiring an additional 47 shares during the last quarter. 65.72% of the stock is currently owned by institutional investors and hedge funds.