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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, Q2 2025

Institutional positions in Cloudflare, Inc. as of Jun 30, 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
968
+86 vs. Q1 2025
Shares held
298.1M
+16.6M (+5.9%) vs. Q1 2025
Total value
$56.2B
+$24.6B (+78.1%) vs. Q1 2025
New holders
192
399 more added
Sold out
106
266 more reduced

9 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 968 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 heldQ2 2025: $56.2B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Cloudflare, Inc.; share changes are against Q1 2025.

Institutions holding NET in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Capital World Investors40,807,488$7.99B1.16%+6,239,571+18.1%Added
Vanguard Group Inc31,495,565$6.17B0.10%+658,656+2.1%Added
Baillie Gifford & Co25,525,131$5.00B3.73%−1,900,690−6.9%Reduced
BlackRock, Inc.21,442,043$4.27B0.08%+515,265+2.5%Added
Morgan Stanley20,033,471$3.94B0.26%−1,519,188−7.0%Reduced
FMR LLC14,311,741$2.82B0.16%+299,929+2.1%Added
JPMorgan Chase & Co7,125,632$1.41B0.10%+4,680,734+191.4%Added
State Street Corp6,607,660$1.32B0.05%+46,848+0.7%Added
Geode Capital Management, LLC5,536,679$1.08B0.08%+270,227+5.1%Added
Sands Capital Management, LLC4,928,874$965.2M2.77%−1,498,572−23.3%Reduced
First Trust Advisors LP4,449,123$871.3M0.70%−162,912−3.5%Reduced
Voya Investment Management LLC2,641,399$782.1M0.78%−2,589,295−49.5%Reduced
Franklin Resources Inc3,538,331$778.2M0.21%+66,653+1.9%Added
Invesco Ltd.3,915,248$766.7M0.13%+2,440,241+165.4%Added
American Century Companies Inc2,977,223$583.0M0.32%−60,197−2.0%Reduced
Legal & General Group Plc2,925,464$572.9M0.14%−100,484−3.3%Reduced
UBS Asset Management Americas Inc2,842,796$556.7M0.11%−286,234−9.1%Reduced
Norges Bank2,764,959$541.5M0.07%+509,147+22.6%Added
Royal Bank of Canada2,424,112$483.1M0.05%+1,380,730+132.3%Added
Gilder Gagnon Howe & Co LLC1,955,859$383.0M4.07%−25,814−1.3%Reduced
1832 Asset Management L.P.1,949,900$381.8M0.67%−131,500−6.3%Reduced
Polar Capital Holdings Plc1,913,958$374.8M1.97%−356,399−15.7%Reduced
Northern Trust Corp1,887,405$369.6M0.05%+6,517+0.3%Added
Goldman Sachs Group Inc1,805,393$358.5M0.06%+635,008+54.3%Added
Deutsche Bank AG1,455,405$286.6M0.11%+143,138+10.9%Added
Sumitomo Mitsui Trust Holdings, Inc.1,396,266$273.4M0.17%−11,665−0.8%Reduced
Pictet Asset Management Holding SA1,377,007$269.6M0.27%+122,208+9.7%Added
Charles Schwab Investment Management Inc1,368,906$268.1M0.05%+56,890+4.3%Added
Two Sigma Investments, LP1,363,214$267.0M0.48%−20,803−1.5%Reduced
UBS Group AG1,323,300$259.1M0.05%+316,070+31.4%Added
Wellington Management Group LLP1,262,833$256.7M0.05%+1,254,451+14,966.0%Added
Bank of America Corp1,307,530$256.1M0.02%+496,878+61.3%Added
Raymond James Financial Inc1,182,972$231.7M0.08%+85,737+7.8%Added
Lord, Abbett & Co. LLC977,440$231.6M0.75%+89,505+10.1%Added
Bank of New York Mellon Corp1,182,297$231.5M0.04%−54,951−4.4%Reduced
Price T Rowe Associates Inc1,175,419$230.2M0.03%+239,499+25.6%Added
Strategy Capital LLC1,165,942$228.3M15.37%+50,374+4.5%Added
Tenor Capital Management Co., L.P.–$192.8M2.60%––
Macquarie Group Ltd922,011$183.2M0.22%−20,238−2.1%Reduced
Swiss National Bank934,600$183.0M0.11%+72,400+8.4%Added
Fred Alger Management, LLC865,797$169.5M0.76%+99,940+13.0%Added
Amundi904,031$168.4M0.06%−186,479−17.1%Reduced
Arrowstreet Capital, Limited Partnership846,441$165.8M0.12%+51,985+6.5%Added
Artisan Partners Limited Partnership773,192$151.4M0.23%+293,189+61.1%Added
Penserra Capital Management LLC748,107$146.5M2.04%+77,019+11.5%Added
KBC Group NV736,153$144.2M0.39%+686,702+1,388.7%Added
Two Sigma Advisers, LP699,900$137.1M0.28%−73,100−9.5%Reduced
Mitsubishi UFJ Trust & Banking Corp679,400$133.0M0.31%−158,560−18.9%Reduced
Massachusetts Financial Services Co663,648$130.0M0.04%+344,943+108.2%Added
Nuveen, LLC652,130$127.7M0.04%−130,577−16.7%Reduced
Nikko Asset Management Americas, Inc.624,479$122.2M1.22%−105,333−14.4%Reduced
National Pension Service612,723$120.0M0.10%+187,550+44.1%Added
Peregrine Capital Management LLC601,753$117.8M3.55%−35,074−5.5%Reduced
Lazard Asset Management LLC4,525$116.6M0.16%+3,148+228.6%Added
Ameriprise Financial Inc576,561$112.9M0.03%−39,590−6.4%Reduced
Citadel Advisors LLC560,007$109.7M0.10%+93,867+20.1%Added
D. E. Shaw & Co., Inc.247,726$108.9M0.11%+242,281+4,449.6%Added
Kayne Anderson Rudnick Investment Management LLC546,584$107.0M0.26%−57,661−9.5%Reduced
Neuberger Berman Group LLC538,186$105.4M0.08%+386,654+255.2%Added
CIBC Private Wealth Group, LLC538,042$105.4M0.19%+396,825+281.0%Added
Federated Hermes, Inc.527,134$103.2M0.19%+336,679+176.8%Added
Bamco Inc506,473$99.2M0.27%−328,409−39.3%Reduced
California Public Employees Retirement System506,043$99.1M0.06%+38,876+8.3%Added
AustralianSuper Pty Ltd490,057$96.0M0.49%+471,549+2,547.8%Added
Aristeia Capital LLC–$94.3M2.67%––
California State Teachers Retirement System475,075$93.0M0.10%+10,262+2.2%Added
Allen Investment Management LLC468,127$91.7M1.00%+16,178+3.6%Added
Bessemer Group Inc460,702$90.2M0.15%−137,378−23.0%Reduced
BNP Paribas Arbitrage, SA126,387$90.1M0.07%−7,774−5.8%Reduced
AQR Capital Management LLC461,051$90.0M0.07%+118,234+34.5%Added
Westfield Capital Management Co LP448,696$87.9M0.37%+448,696New
Marshall Wace, LLP433,052$84.8M0.10%−150,507−25.8%Reduced
Capstone Investment Advisors, LLC–$84.6M0.72%––
Congress Asset Management Co430,400$84.3M0.58%+430,400New
Victory Capital Management Inc430,334$84.1M0.05%+351,875+448.5%Added
Rhumbline Advisers406,408$79.6M0.07%+4,562+1.1%Added
Alfreton Capital LLP400,000$78.3M22.73%−30,000−7.0%Reduced
Wells Fargo & Company363,220$76.1M0.02%+102,423+39.3%Added
Soros Fund Management LLCSuperinvestorSoros Fund Management–$74.1M1.27%––
Dimensional Fund Advisors LP374,397$73.3M0.02%−8,920−2.3%Reduced
Parallax Volatility Advisers, L.P.360,365$68.9M2.76%+102,036+39.5%Added
DeepCurrents Investment Group LLC–$68.9M2.52%––
Great West Life Assurance Co350,869$68.7M0.11%+6,478+1.9%Added
Calamos Advisors LLC7,850$68.0M0.29%+1,850+30.8%Added
SEI Investments Co329,036$64.4M0.07%−229,224−41.1%Reduced
Envestnet Asset Management Inc322,600$63.2M0.02%+119,150+58.6%Added
Citigroup Inc316,760$62.0M0.04%+139,938+79.1%Added
Whetstone Capital Advisors, LLC315,685$61.8M17.47%−1,275−0.4%Reduced
Select Equity Group, L.P.303,250$59.4M0.25%−339,893−52.8%Reduced
NZS Capital, LLC300,505$58.8M2.00%+1,109+0.4%Added
Principal Financial Group Inc300,021$58.8M0.03%+234,408+357.3%Added
State Board of Administration of Florida Retirement System298,751$58.5M0.10%+5,303+1.8%Added
Allspring Global Investments Holdings, LLC312,292$57.8M0.10%−32,665−9.5%Reduced
Steelhead Partners LLC–$56.7M2.85%––
Squarepoint Ops LLC279,446$54.7M0.12%−534,465−65.7%Reduced
AXA S.A.259,364$54.5M0.16%+193,581+294.3%Added
Los Angeles Capital Management LLC272,939$53.4M0.20%+75,476+38.2%Added
Frontier Capital Management Co LLC272,738$53.4M0.49%+268,867+6,945.7%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.269,988$52.9M0.04%+23,127+9.4%Added
Ensign Peak Advisors, Inc255,252$50.0M0.09%−65,465−20.4%Reduced