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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
Los Angeles Capital Management LLC197,463$22.3M0.10%+69,641+54.5%Added
Federated Hermes, Inc.190,455$21.5M0.05%+190,455New
Capital International Sarl188,861$21.3M0.48%+1,277+0.7%Added
HSBC Holdings PLC189,553$21.2M0.01%+4,322+2.3%Added
Citigroup Inc176,822$19.9M0.02%+35,535+25.2%Added
Susquehanna International Group, LLP174,502$19.7M0.03%+170,956+4,821.1%Added
Trexquant Investment LP174,042$19.6M0.23%−86,168−33.1%Reduced
State of Wisconsin Investment Board172,135$19.4M0.05%+4,171+2.5%Added
Aquatic Capital Management LLC170,568$19.2M0.49%+170,568New
Bank of Montreal167,920$18.9M0.01%+22,275+15.3%Added
12 West Capital Management LP165,000$18.6M2.74%00.0%Unchanged
Carnegie Capital Asset Management, LLC187,373$18.4M0.44%+6,280+3.5%Added
APG Asset Management N.V.175,071$18.3M0.06%−4,200−2.3%Reduced
Hartline Investment Corp160,456$18.1M2.41%−103,880−39.3%Reduced
Royal London Asset Management Ltd160,378$18.1M0.04%+18,487+13.0%Added
Standard Life Aberdeen plc159,726$18.0M0.04%+95,574+149.0%Added
Reynders McVeigh Capital Management, LLC157,882$17.8M0.99%−745−0.5%Reduced
Glynn Capital Management LLC156,909$17.7M4.65%−58,178−27.0%Reduced
Alberta Investment Management Corp153,405$17.3M0.12%00.0%Unchanged
Neuberger Berman Group LLC151,532$17.1M0.01%+142,147+1,514.6%Added
New York State Common Retirement Fund150,528$17.0M0.02%−25,135−14.3%Reduced
Storebrand Asset Management AS148,076$16.7M0.05%+36,246+32.4%Added
Universal- Beteiligungs- und Servicegesellschaft mbH146,534$16.5M0.03%−9,914−6.3%Reduced
Picton Mahoney Asset Management145,505$16.4M0.56%+37,488+34.7%Added
LPL Financial LLC141,740$16.0M0.01%+19,569+16.0%Added
Treasurer of the State of North Carolina139,356$15.7M0.06%+7,480+5.7%Added
Long Walk Management LP137,850$15.5M5.03%−221,150−61.6%Reduced
BNP Paribas Arbitrage, SA134,161$15.1M0.01%−94,009−41.2%Reduced
Parnassus Investments134,147$15.1M0.04%−2,996−2.2%Reduced
Handelsbanken Fonder AB132,701$15.0M0.06%−52,715−28.4%Reduced
Forte Capital LLC127,925$14.4M1.71%−3,910−3.0%Reduced
Balyasny Asset Management LLC127,812$14.4M0.04%−311,250−70.9%Reduced
Danske Bank A/S127,430$14.4M0.04%−14,196−10.0%Reduced
Capital International Ltd124,373$14.0M0.61%−5,132−4.0%Reduced
CIBC Private Wealth Group, LLC141,217$13.8M0.03%+136,185+2,706.4%Added
Grandeur Peak Global Advisors, LLC115,526$13.0M1.44%−142,209−55.2%Reduced
Mariner, LLC111,871$12.6M0.02%+6,349+6.0%Added
Berkshire Capital Holdings Inc111,620$12.6M6.01%+23,050+26.0%Added
Erste Asset Management GmbH110,950$12.6M0.16%+30,000+37.1%Added
KLP Kapitalforvaltning AS110,300$12.4M0.06%+400+0.4%Added
Engineers Gate Manager LP110,182$12.4M0.21%+106,051+2,567.2%Added
Vontobel Holding Ltd.108,960$12.3M0.04%−4,396−3.9%Reduced
Twin Tree Management, LP108,012$12.2M0.27%+108,012New
Mn Services Vermogensbeheer B.V.107,100$12.1M0.09%−8,300−7.2%Reduced
Capital International Inc105,883$11.9M0.14%−1,515−1.4%Reduced
State of New Jersey Common Pension Fund D103,102$11.6M0.05%−7,730−7.0%Reduced
Nomura Asset Management Co Ltd103,014$11.6M0.04%+19,334+23.1%Added
Verition Fund Management LLC102,308$11.5M0.07%−32,935−24.4%Reduced
Aviva PLC102,259$11.5M0.03%+90,699+784.6%Added
RMB Capital Management, LLC102,051$11.5M0.28%+852+0.8%Added
Lansforsakringar Fondforvaltning AB (publ)100,150$11.3M0.07%+2,645+2.7%Added
Quadrature Capital Ltd99,579$11.2M0.25%+99,579New
La Banque Postale Asset Management SA98,546$11.1M0.17%−214,125−68.5%Reduced
BOCHK Asset Management Ltd97,155$10.9M6.16%+97,155New
Resona Asset Management Co.,Ltd.96,411$10.9M0.06%+1,213+1.3%Added
Baker Chad R95,900$10.8M2.20%00.0%Unchanged
Public Employees Retirement System of Ohio93,775$10.6M0.04%−9,252−9.0%Reduced
Readystate Asset Management LP93,768$10.6M0.53%+58,089+162.8%Added
Cambridge Investment Research Advisors, Inc.92,280$10.4M0.04%+611+0.7%Added
Tudor Investment Corp Et Al91,525$10.3M0.09%+91,525New
Arizona State Retirement System88,408$9.96M0.06%+61+0.1%Added
TD Asset Management Inc81,488$9.18M0.01%+2,912+3.7%Added
Zurcher Kantonalbank (Zurich Cantonalbank)81,379$9.17M0.03%−2,310−2.8%Reduced
Cubist Systematic Strategies, LLC80,844$9.11M0.12%+80,844New
Sentinel Trust Co Lba80,718$9.10M1.07%00.0%Unchanged
HighTower Advisors, LLC80,561$9.08M0.01%−1,674−2.0%Reduced
Avalon Global Asset Management LLC80,400$9.06M3.07%00.0%Unchanged
Susquehanna Fundamental Investments, LLC79,627$8.97M0.15%00.0%Unchanged
Cetera Investment Advisers79,097$8.91M0.02%−106−0.1%Reduced
Victory Capital Management Inc78,459$8.84M0.01%−426−0.5%Reduced
Jump Financial, LLC72,057$8.12M0.12%+72,057New
Truist Financial Corp71,548$8.06M0.01%−492−0.7%Reduced
Maytus Capital Management, LLC70,000$7.89M2.43%00.0%Unchanged
Candriam Luxembourg S.C.A.67,975$7.66M0.05%+2,342+3.6%Added
Liontrust Investment Partners LLP66,712$7.52M0.12%−137,233−67.3%Reduced
Point72 Hong Kong Ltd66,065$7.44M0.53%+66,065New
AXA S.A.65,783$7.41M0.02%+63,080+2,333.7%Added
Principal Financial Group Inc65,613$7.39M0.00%−10,872−14.2%Reduced
QRG Capital Management, Inc.65,151$7.34M0.08%+16,770+34.7%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund62,428$7.04M0.08%−8,700−12.2%Reduced
Skandinaviska Enskilda Banken AB (publ)62,344$7.03M0.03%+1,376+2.3%Added
LGT Group Foundation61,776$6.96M0.10%+31+0.1%Added
Forsta Ap-Fonden61,300$6.91M0.05%−2,000−3.2%Reduced
Exchange Traded Concepts, LLC60,144$6.78M0.12%−9,598−13.8%Reduced
Privium Fund Management B.V.60,000$6.76M1.76%00.0%Unchanged
Commonwealth Equity Services, LLC59,817$6.74M0.01%+1,880+3.2%Added
British Columbia Investment Management Corp58,462$6.59M0.04%+188+0.3%Added
Xponance, Inc.57,909$6.53M0.06%+2,503+4.5%Added
Employees Retirement System of Texas57,482$6.48M0.06%+5,395+10.4%Added
Davy Global Fund Management Ltd57,431$6.47M0.76%+2,662+4.9%Added
Oak Ridge Investments LLC57,037$6.43M0.53%+11,410+25.0%Added
Rockefeller Capital Management L.P.56,425$6.36M0.02%+4,054+7.7%Added
IFM Investors Pty Ltd56,178$6.33M0.07%+931+1.7%Added
Captrust Financial Advisors55,703$6.28M0.02%+7,475+15.5%Added
Archon Partners LLC55,000$6.20M0.75%+2,000+3.8%Added
USS Investment Management Ltd54,167$6.10M0.05%−54−0.1%Reduced
Slow Capital, Inc.54,016$6.09M0.81%+627+1.2%Added
Stifel Financial Corp53,957$6.08M0.01%+6,907+14.7%Added
DekaBank Deutsche Girozentrale54,576$6.06M0.01%−1,408−2.5%Reduced
Vestor Capital, LLC53,082$5.98M0.49%+1,049+2.0%Added