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Cloudflare, Inc.

NET
Exchange
NYSE
Industry
Services-Prepackaged Software
SEC CIK
0001477333

In the last 90 days, Cloudflare, Inc. insiders filed 0 open-market purchases and 23 sales; 1,272 institutions reported holding it in 13F filings for Q2 2026, worth $78.5B in total; 3 superinvestors hold it, including ARK Invest and Oaktree Capital.

13F holders, Q4 2023

Institutional positions in Cloudflare, Inc. as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
701
+108 vs. Q3 2023
Shares held
333.3M
+31.6M (+10.5%) vs. Q3 2023
Total value
$24.4B
+$2.93B (+13.6%) vs. Q3 2023
New holders
154
220 more added
Sold out
46
209 more reduced

10 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NET on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 701 institutions
Q1 2021: 507 institutionsQ2 2021: 537 institutionsQ3 2021: 620 institutionsQ4 2021: 681 institutionsQ1 2022: 641 institutionsQ2 2022: 550 institutionsQ3 2022: 588 institutionsQ4 2022: 573 institutionsQ1 2023: 598 institutionsQ2 2023: 587 institutionsQ3 2023: 603 institutionsQ4 2023: 701 institutionsQ1 2024: 730 institutionsQ2 2024: 680 institutionsQ3 2024: 706 institutionsQ4 2024: 795 institutionsQ1 2025: 891 institutionsQ2 2025: 968 institutionsQ3 2025: 1,056 institutionsQ4 2025: 1,107 institutionsQ1 2026: 1,160 institutionsQ2 2026: 1,272 institutions
Value heldQ4 2023: $24.4B
Q1 2021: $13.7BQ2 2021: $22.6BQ3 2021: $24.6BQ4 2021: $29.8BQ1 2022: $28.0BQ2 2022: $10.4BQ3 2022: $14.1BQ4 2022: $11.9BQ1 2023: $19.9BQ2 2023: $20.6BQ3 2023: $21.5BQ4 2023: $24.4BQ1 2024: $30.9BQ2 2024: $22.4BQ3 2024: $22.0BQ4 2024: $29.7BQ1 2025: $31.6BQ2 2025: $56.2BQ3 2025: $63.0BQ4 2025: $56.4BQ1 2026: $58.5BQ2 2026: $78.5B
Institutions holding NET and their total value by quarter
QuarterHoldersValue
Q2 20261,272$78.5B
Q1 20261,160$58.5B
Q4 20251,107$56.4B
Q3 20251,056$63.0B
Q2 2025968$56.2B
Q1 2025891$31.6B
Q4 2024795$29.7B
Q3 2024706$22.0B
Q2 2024680$22.4B
Q1 2024730$30.9B
Q4 2023701$24.4B
Q3 2023603$21.5B
Q2 2023587$20.6B
Q1 2023598$19.9B
Q4 2022573$11.9B
Q3 2022588$14.1B
Q2 2022550$10.4B
Q1 2022641$28.0B
Q4 2021681$29.8B
Q3 2021620$24.6B
Q2 2021537$22.6B
Q1 2021507$13.7B

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Cloudflare, Inc.; share changes are against Q3 2023.

Institutions holding NET in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley60,745,680$5.07B0.22%+29,094,171+91.9%Added
Baillie Gifford & Co30,938,677$2.58B2.04%−119,547−0.4%Reduced
Vanguard Group Inc28,159,189$2.34B0.05%+740,914+2.7%Added
Capital World Investors27,543,956$2.29B0.41%+487,308+1.8%Added
BlackRock Inc.16,650,173$1.40B0.04%+824,570+5.2%Added
FMR LLC14,614,850$1.24B0.10%+538,439+3.8%Added
Sands Capital Management, LLC10,593,642$882.0M2.68%−413,749−3.8%Reduced
State Street Corp6,043,218$527.9M0.03%+292,805+5.1%Added
Voya Investment Management LLC3,016,892$433.9M0.45%−3,501,150−53.7%Reduced
First Trust Advisors LP5,007,248$416.9M0.45%−1,116,591−18.2%Reduced
Geode Capital Management, LLC4,307,371$358.0M0.04%+239,096+5.9%Added
Legal & General Group Plc3,313,977$275.9M0.09%+108,664+3.4%Added
Franklin Resources Inc2,422,192$273.8M0.13%−129,716−5.1%Reduced
1832 Asset Management L.P.2,916,600$242.8M0.46%+1,597,900+121.2%Added
Norges Bank2,664,635$221.9M0.04%+553,946+26.2%Added
Gilder Gagnon Howe & Co LLC2,452,477$204.2M2.80%−230,682−8.6%Reduced
Two Sigma Investments, LP2,108,729$175.6M0.42%+422,608+25.1%Added
Two Sigma Advisers, LP1,987,000$165.4M0.39%+681,800+52.2%Added
Northern Trust Corp1,713,441$142.7M0.03%−20,198−1.2%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,678,930$139.8M0.10%−57,282−3.3%Reduced
Soros Fund Management LLCSuperinvestorSoros Fund Management–$119.7M2.27%––
Royal Bank of Canada1,400,641$116.6M0.03%+15,493+1.1%Added
Deutsche Bank AG1,359,084$113.2M0.06%+6,881+0.5%Added
Strategy Capital LLC1,343,254$111.8M12.16%−92,128−6.4%Reduced
Bank of New York Mellon Corp2,209,984$109.9M0.02%+30,871+1.4%Added
Mitsubishi UFJ Trust & Banking Corp1,272,627$106.0M0.25%−75,586−5.6%Reduced
Linden Advisors LP–$101.3M0.96%––
American Century Companies Inc1,214,651$101.1M0.07%−960.0%Reduced
UBS Asset Management Americas Inc1,164,625$101.1M0.04%+9,847+0.9%Added
Invesco Ltd.1,110,396$100.7M0.02%+736,447+196.9%Added
Credit Suisse AG1,109,661$95.6M0.09%+20,906+1.9%Added
Charles Schwab Investment Management Inc1,030,682$85.8M0.02%+47,175+4.8%Added
Nikko Asset Management Americas, Inc.1,001,222$83.4M0.80%−60,179−5.7%Reduced
Voloridge Investment Management, LLC997,294$83.0M0.33%+516,426+107.4%Added
Bessemer Group Inc946,094$78.8M0.15%+10,463+1.1%Added
Bamco Inc935,285$77.9M0.21%−4,244−0.5%Reduced
Optimus Prime Fund Management Co., Ltd.930,000$77.4M9.81%+70,000+8.1%Added
Bank of America Corp898,336$77.1M0.01%−50,683−5.3%Reduced
Steelhead Partners LLC–$77.0M4.00%––
Goldman Sachs Group Inc924,627$77.0M0.02%−380,727−29.2%Reduced
Swiss National Bank869,200$72.4M0.05%−15,500−1.8%Reduced
Nuveen Asset Management, LLC826,989$68.9M0.02%+48,908+6.3%Added
Alfreton Capital LLP800,000$66.6M27.25%−120,000−13.0%Reduced
Lazard Asset Management LLC16,979$61.1M0.08%00.0%Unchanged
Polar Capital Holdings Plc730,223$60.8M0.37%+529,904+264.5%Added
Price T Rowe Associates Inc725,317$60.4M0.01%+10,587+1.5%Added
Amundi629,780$60.4M0.03%+31,966+5.3%Added
Calamos Advisors LLC10,312$55.5M0.28%––
Ensign Peak Advisors, Inc596,580$49.7M0.10%+282,486+89.9%Added
Peregrine Capital Management LLC557,893$46.5M1.40%−21,193−3.7%Reduced
Davidson Kempner Capital Management LP–$44.9M0.79%––
California Public Employees Retirement System524,747$43.7M0.03%+891+0.2%Added
Marshall Wace, LLP520,015$43.3M0.08%+520,015New
Wolverine Asset Management LLC39,404$42.6M0.67%−48,893−55.4%Reduced
Ameriprise Financial Inc501,341$41.8M0.01%−101,932−16.9%Reduced
Kayne Anderson Rudnick Investment Management LLC469,351$39.1M0.10%+24,292+5.5%Added
Grandeur Peak Global Advisors, LLC457,965$38.1M2.68%−60,003−11.6%Reduced
Millennium Management LLC22,748$38.1M0.04%−103,459−82.0%Reduced
SW Investment Management LLC450,000$37.5M12.91%−100,000−18.2%Reduced
ARK Investment Management LLCSuperinvestorARK Invest440,868$36.7M0.22%+11,259+2.6%Added
National Pension Service439,829$36.6M0.05%00.0%Unchanged
California State Teachers Retirement System427,280$35.6M0.05%+4,634+1.1%Added
Squarepoint Ops LLC420,779$35.0M0.14%+178,040+73.3%Added
Barclays PLC309,017$34.4M0.02%+13,628+4.6%Added
La Financiere de L'Echiquier407,600$33.9M1.57%+17,600+4.5%Added
Rhumbline Advisers390,265$32.5M0.03%−838−0.2%Reduced
JPMorgan Chase & Co350,146$31.9M0.00%−1,407,064−80.1%Reduced
Great West Life Assurance Co380,674$31.6M0.07%+36,157+10.5%Added
Verition Fund Management LLC15,482$30.6M0.31%+1,602+11.5%Added
Alliancebernstein L.P.356,437$29.7M0.01%−74,892−17.4%Reduced
Value Star Asset Management (Hong Kong) Ltd352,800$29.4M10.05%00.0%Unchanged
Qube Research & Technologies Ltd349,177$29.1M0.07%+349,177New
D. E. Shaw & Co., Inc.176,650$28.1M0.04%+172,550+4,208.5%Added
Kames Capital plc327,780$27.3M0.43%+327,780New
Aviva PLC67,881$27.3M0.10%−71,691−51.4%Reduced
Whetstone Capital Advisors, LLC323,189$26.9M13.53%−2,233−0.7%Reduced
Lord, Abbett & Co. LLC29,526,000$26.5M0.05%+13,751,000+87.2%Added
State Board of Administration of Florida Retirement System313,328$26.1M0.05%+13,944+4.7%Added
Readystate Asset Management LP208,858$25.1M1.49%+63,266+43.5%Added
Cota Capital Management, LLC291,849$24.3M10.13%−49,839−14.6%Reduced
Dimensional Fund Advisors LP285,604$23.8M0.01%+21,447+8.1%Added
NZS Capital, LLC279,232$23.2M1.22%+14,751+5.6%Added
Vontobel Holding Ltd.278,865$23.2M0.19%−58,497−17.3%Reduced
BNP Paribas Arbitrage, SA–$22.4M0.04%––
Man Group plc235,593$22.3M0.06%––
Bank of Montreal254,790$21.8M0.01%−267,702−51.2%Reduced
New York State Common Retirement Fund254,396$21.2M0.03%−4,750,018−94.9%Reduced
Jane Street Group, LLC6,480,888$20.8M0.03%+3,467,454+115.1%Added
Hartline Investment Corp244,634$20.4M3.29%+3,995+1.7%Added
Alberta Investment Management Corp240,002$20.0M0.19%−2,446−1.0%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.249,142$19.0M0.03%−17,997−6.7%Reduced
UBS Group AG224,952$18.7M0.01%+113,646+102.1%Added
Wells Fargo & Company222,032$18.7M0.01%+6,408+3.0%Added
Capital Fund Management S.A.219,962$18.3M0.23%+219,962New
Asset Management One Co.,Ltd.213,306$18.1M0.07%+11,992+6.0%Added
Envestnet Asset Management Inc203,571$16.9M0.01%−10,915−5.1%Reduced
Allen Investment Management LLC195,490$16.3M0.22%00.0%Unchanged
Citadel Advisors LLC195,317$16.3M0.02%−2,449,962−92.6%Reduced
Los Angeles Capital Management LLC188,370$15.7M0.06%+184,977+5,451.7%Added
APG Asset Management N.V.202,047$15.2M0.03%−8,865−4.2%Reduced