Weight space learning is an emerging paradigm in the deep learning community. The primary goal of weight space learning is to extract informative features from a set of parameters using specially designed neural networks, often referred to as \emph{metanetworks}. However, it remains unclear how these metanetworks learn solely from parameters. To address this, we take the first step toward understanding \emph{representations} of metanetworks, specifically graph metanetworks (GMNs), which achieve state-of-the-art results in this field, using centered kernel alignment (CKA). Through various experiments, we reveal that GMNs and general neural networks (\textit{e.g.,} multi-layer perceptrons (MLPs) and convolutional neural networks (CNNs)) differ in terms of their representation space.