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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; 1,228 institutions reported holding it in 13F filings for Q2 2026, worth $69.8B in total; superinvestors ARK Invest and Soros Fund Management hold it.

13F holders, Q1 2025

Institutional positions in Cloudflare, Inc. as of Mar 31, 2025. 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
872
+114 vs. Q4 2024
Shares held
264.1M
+1.11M (+0.4%) vs. Q4 2024
Total value
$29.8B
+$1.42B (+5.0%) vs. Q4 2024
New holders
190
344 more added
Sold out
76
238 more reduced

14 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 holdersQ1 2025: 872 institutions
Q1 2021: 507 institutionsQ2 2021: 537 institutionsQ3 2021: 620 institutionsQ4 2021: 681 institutionsQ1 2022: 641 institutionsQ2 2022: 550 institutionsQ3 2022: 563 institutionsQ4 2022: 550 institutionsQ1 2023: 572 institutionsQ2 2023: 560 institutionsQ3 2023: 573 institutionsQ4 2023: 678 institutionsQ1 2024: 709 institutionsQ2 2024: 652 institutionsQ3 2024: 680 institutionsQ4 2024: 772 institutionsQ1 2025: 872 institutionsQ2 2025: 947 institutionsQ3 2025: 1,039 institutionsQ4 2025: 1,091 institutionsQ1 2026: 1,139 institutionsQ2 2026: 1,228 institutions
Value heldQ1 2025: $29.8B
Q1 2021: $13.7BQ2 2021: $22.6BQ3 2021: $24.6BQ4 2021: $29.8BQ1 2022: $28.0BQ2 2022: $10.3BQ3 2022: $12.9BQ4 2022: $10.9BQ1 2023: $15.1BQ2 2023: $16.0BQ3 2023: $15.8BQ4 2023: $20.7BQ1 2024: $24.2BQ2 2024: $21.1BQ3 2024: $20.7BQ4 2024: $28.4BQ1 2025: $29.8BQ2 2025: $54.3BQ3 2025: $59.1BQ4 2025: $54.8BQ1 2026: $57.1BQ2 2026: $69.8B
Institutions holding NET and their total value by quarter
QuarterHoldersValue
Q2 20261,228$69.8B
Q1 20261,139$57.1B
Q4 20251,091$54.8B
Q3 20251,039$59.1B
Q2 2025947$54.3B
Q1 2025872$29.8B
Q4 2024772$28.4B
Q3 2024680$20.7B
Q2 2024652$21.1B
Q1 2024709$24.2B
Q4 2023678$20.7B
Q3 2023573$15.8B
Q2 2023560$16.0B
Q1 2023572$15.1B
Q4 2022550$10.9B
Q3 2022563$12.9B
Q2 2022550$10.3B
Q1 2022641$28.0B
Q4 2021681$29.8B
Q3 2021620$24.6B
Q2 2021537$22.6B
Q1 2021507$13.7B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Cloudflare, Inc.; share changes are against Q4 2024.

Institutions holding NET in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Twinbeech Capital LP328,156$37.0M0.67%+328,156New
AQR Capital Management LLC342,817$37.3M0.04%+135,637+65.5%Added
Millennium Management LLC335,942$37.9M0.04%+218,530+186.1%Added
Great West Life Assurance Co344,391$38.8M0.07%−19,924−5.5%Reduced
Allspring Global Investments Holdings, LLC344,957$39.9M0.07%+344,957New
Man Group plc358,501$40.4M0.12%+288,533+412.4%Added
Dimensional Fund Advisors LP383,317$43.2M0.01%+21,710+6.0%Added
Rhumbline Advisers401,846$45.3M0.04%+4,195+1.1%Added
National Pension Service425,173$47.9M0.05%−6,007−1.4%Reduced
Alfreton Capital LLP430,000$48.5M15.39%+430,000New
Allen Investment Management LLC451,949$50.9M0.59%+37,216+9.0%Added
California State Teachers Retirement System464,813$52.4M0.06%+1,082+0.2%Added
Citadel Advisors LLC466,140$52.5M0.05%−1,113,688−70.5%Reduced
California Public Employees Retirement System467,167$52.6M0.04%+5,152+1.1%Added
Artisan Partners Limited Partnership480,003$54.1M0.09%+480,003New
Marshall Wace, LLP583,559$65.8M0.09%−1,051,703−64.3%Reduced
Bessemer Group Inc598,080$67.4M0.12%+3,861+0.6%Added
Kayne Anderson Rudnick Investment Management LLC604,245$68.1M0.17%−51,480−7.9%Reduced
Peregrine Capital Management LLC636,827$71.8M2.38%−24,855−3.8%Reduced
Select Equity Group, L.P.643,143$72.5M0.32%+643,143New
Jane Street Group, LLC649,657$73.2M0.13%+626,040+2,650.8%Added
Ameriprise Financial Inc616,151$74.5M0.02%+112,122+22.2%Added
Penserra Capital Management LLC671,088$75.6M1.35%−92,045−12.1%Reduced
Nikko Asset Management Americas, Inc.729,812$82.2M1.06%−78,390−9.7%Reduced
Fred Alger Management, LLC765,857$86.3M0.49%−168,429−18.0%Reduced
Two Sigma Advisers, LP773,000$87.1M0.20%+683,000+758.9%Added
Nuveen, LLC782,707$88.2M0.03%+782,707New
Arrowstreet Capital, Limited Partnership794,456$89.5M0.07%+562,320+242.2%Added
Voloridge Investment Management, LLC804,645$90.7M0.34%+804,645New
Bank of America Corp810,652$91.4M0.01%+159,131+24.4%Added
Squarepoint Ops LLC813,911$91.7M0.22%−227,489−21.8%Reduced
Bamco Inc834,882$94.1M0.28%−62,673−7.0%Reduced
Mitsubishi UFJ Trust & Banking Corp837,960$94.4M0.25%−133,511−13.7%Reduced
Swiss National Bank862,200$97.2M0.07%+2,500+0.3%Added
Lord, Abbett & Co. LLC887,935$100.1M0.36%+153,478+20.9%Added
Price T Rowe Associates Inc935,920$105.5M0.01%+148,578+18.9%Added
Macquarie Group Ltd942,249$106.2M0.13%+24,508+2.7%Added
UBS Group AG1,007,230$113.5M0.03%−1,010,363−50.1%Reduced
Amundi1,090,510$117.1M0.04%+169,646+18.4%Added
Royal Bank of Canada1,043,382$117.6M0.03%−171,674−14.1%Reduced
Raymond James Financial Inc1,097,235$123.6M0.05%+653,526+147.3%Added
Strategy Capital LLC1,115,568$125.7M11.79%−51,672−4.4%Reduced
Goldman Sachs Group Inc1,170,385$131.9M0.03%+412,502+54.4%Added
Bank of New York Mellon Corp1,237,248$139.4M0.03%−49,124−3.8%Reduced
Pictet Asset Management Holding SA1,254,799$141.5M0.16%+375,711+42.7%Added
Qube Research & Technologies Ltd1,270,548$143.2M0.22%+1,270,548New
Charles Schwab Investment Management Inc1,312,016$147.9M0.03%+90,256+7.4%Added
Deutsche Bank AG1,312,267$147.9M0.06%−270,523−17.1%Reduced
Two Sigma Investments, LP1,384,017$156.0M0.34%+1,058,703+325.4%Added
Sumitomo Mitsui Trust Holdings, Inc.1,407,931$158.7M0.11%−67,892−4.6%Reduced
Invesco Ltd.1,475,007$166.2M0.03%+396,086+36.7%Added
Northern Trust Corp1,880,888$212.0M0.03%+31,745+1.7%Added
Gilder Gagnon Howe & Co LLC1,981,673$223.3M2.92%−257,620−11.5%Reduced
1832 Asset Management L.P.2,081,400$234.6M0.45%−1,068,000−33.9%Reduced
Norges Bank2,255,812$254.2M0.04%−61,650−2.7%Reduced
Polar Capital Holdings Plc2,270,357$255.8M1.58%−662,434−22.6%Reduced
JPMorgan Chase & Co2,444,898$275.5M0.02%+2,278,287+1,367.4%Added
Voya Investment Management LLC2,615,347$294.7M0.33%−450,241−14.7%Reduced
Legal & General Group Plc3,025,948$341.0M0.09%−472,151−13.5%Reduced
American Century Companies Inc3,037,420$342.3M0.21%+779,819+34.5%Added
UBS Asset Management Americas Inc3,129,030$352.6M0.09%+786,063+33.5%Added
Franklin Resources Inc3,471,678$391.2M0.11%+192,977+5.9%Added
First Trust Advisors LP4,612,035$519.7M0.46%−765,308−14.2%Reduced
Geode Capital Management, LLC5,266,452$592.1M0.05%+363,233+7.4%Added
Sands Capital Management, LLC6,427,446$724.3M2.46%−1,338,608−17.2%Reduced
State Street Corp6,560,812$739.3M0.03%+53,101+0.8%Added
FMR LLC14,011,812$1.58B0.10%+1,663,161+13.5%Added
BlackRock, Inc.20,926,778$2.36B0.05%+913,125+4.6%Added
Morgan Stanley21,552,659$2.43B0.17%−1,629,838−7.0%Reduced
Baillie Gifford & Co27,425,821$3.09B2.70%−4,458,339−14.0%Reduced
Vanguard Group Inc30,836,909$3.48B0.06%+538,850+1.8%Added
Capital World Investors34,567,917$3.90B0.63%−841,390−2.4%Reduced
Proequities, Inc.0$00.00%−4,694−100.0%Sold out
Optimus Prime Fund Management Co., Ltd.0$00.00%−845,000−100.0%Sold out
SW Investment Management LLC0$00.00%−400,000−100.0%Sold out
Cinctive Capital Management LP0$00.00%−121,891−100.0%Sold out
Generate Investment Management Ltd0$00.00%−120,229−100.0%Sold out
Caisse de Depot Et Placement du Quebec0$00.00%−98,002−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−86,218−100.0%Sold out
Woodline Partners LP0$00.00%−61,646−100.0%Sold out
Proem Advisors LLC0$00.00%−50,000−100.0%Sold out
Alight Capital Management LP0$00.00%−40,000−100.0%Sold out
Fieldview Capital Management, LLC0$00.00%−38,492−100.0%Sold out
Elo Mutual Pension Insurance Co0$00.00%−26,023−100.0%Sold out
Groupama Asset Managment0$00.00%–Sold out
Jupiter Asset Management Ltd0$00.00%−20,015−100.0%Sold out
Ardsley Advisory Partners LP0$00.00%−20,000−100.0%Sold out
Wolverine Trading, LLC0$00.00%−17,219−100.0%Sold out
Old Well Partners, LLC0$00.00%−14,400−100.0%Sold out
Virtu Financial LLC0$00.00%−13,912−100.0%Sold out
United Advisor Group, LLC0$00.00%−12,975−100.0%Sold out
Polymer Capital Management (HK) LTD0$00.00%−12,541−100.0%Sold out
Bradley Foster & Sargent Inc0$00.00%−12,000−100.0%Sold out
Bryce Point Capital, LLC0$00.00%−11,820−100.0%Sold out
WCG Wealth Advisors LLC0$00.00%−11,126−100.0%Sold out
Tairen Capital Ltd0$00.00%−10,000−100.0%Sold out
Atom Investors LP0$00.00%−9,885−100.0%Sold out
Meitav Dash Investments Ltd0$00.00%−9,740−100.0%Sold out
Quantitative Investment Management, LLC0$00.00%−8,328−100.0%Sold out
Achmea Investment Management B.V.0$00.00%−8,279−100.0%Sold out