[smnl]

Many large asset managers have mandates to sell their losers and cut losses, or may be window dressing before the end of the quarter and don't want to show to clients that they hold any FB stock on their book.

So that may be contributing to the selloff today

[pyoung]

From my understanding, Facebook is not owned by a lot of institutional investors and asset managers. If you look at the 'Inst. own' metric in Google finance, it says 7%, which is fairly low. I could be misinterpreting this however? Can someone confirm this?