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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 $75.0B in total; superinvestors ARK Invest and Soros Fund Management hold it.

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
947
+83 vs. Q1 2025
Shares held
277.6M
+13.8M (+5.2%) vs. Q1 2025
Total value
$54.3B
+$24.6B (+82.8%) vs. Q1 2025
New holders
190
400 more added
Sold out
107
263 more reduced

8 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: 947 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 heldQ2 2025: $54.6B
Q1 2021: $13.7BQ2 2021: $22.6BQ3 2021: $24.6BQ4 2021: $29.8BQ1 2022: $28.0BQ2 2022: $10.4BQ3 2022: $12.9BQ4 2022: $11.0BQ1 2023: $16.2BQ2 2023: $16.0BQ3 2023: $15.8BQ4 2023: $23.3BQ1 2024: $29.6BQ2 2024: $21.2BQ3 2024: $20.8BQ4 2024: $28.4BQ1 2025: $30.1BQ2 2025: $54.6BQ3 2025: $61.4BQ4 2025: $54.9BQ1 2026: $57.1BQ2 2026: $75.0B
Institutions holding NET and their total value by quarter
QuarterHoldersValue
Q2 20261,228$75.0B
Q1 20261,139$57.1B
Q4 20251,091$54.9B
Q3 20251,039$61.4B
Q2 2025947$54.6B
Q1 2025872$30.1B
Q4 2024772$28.4B
Q3 2024680$20.8B
Q2 2024652$21.2B
Q1 2024709$29.6B
Q4 2023678$23.3B
Q3 2023573$15.8B
Q2 2023560$16.0B
Q1 2023572$16.2B
Q4 2022550$11.0B
Q3 2022563$12.9B
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
State of New Jersey Common Pension Fund D103,964$20.4M0.08%+862+0.8%Added
Glynn Capital Management LLC106,866$20.9M4.71%−50,043−31.9%Reduced
KLP Kapitalforvaltning AS112,300$22.0M0.09%+2,000+1.8%Added
RPG Investment Advisory, LLC112,342$22.0M2.74%−184,520−62.2%Reduced
Erste Asset Management GmbH113,118$22.1M0.19%+2,168+2.0%Added
Nomura Asset Management Co Ltd113,961$22.3M0.06%+10,947+10.6%Added
Mn Services Vermogensbeheer B.V.115,400$22.6M0.16%+8,300+7.7%Added
Zurcher Kantonalbank (Zurich Cantonalbank)117,415$23.0M0.06%+36,036+44.3%Added
Liontrust Investment Partners LLP117,475$23.0M0.33%+50,763+76.1%Added
Mariner, LLC118,034$23.1M0.03%+6,163+5.5%Added
Forte Capital LLC118,334$23.2M2.49%−9,591−7.5%Reduced
Public Employees Retirement System of Ohio119,814$23.5M0.08%+26,039+27.8%Added
BNP Paribas Arbitrage, SA126,387$24.8M0.02%−7,774−5.8%Reduced
Acadian Asset Management LLC127,677$25.0M0.05%+115,225+925.4%Added
Picton Mahoney Asset Management129,395$25.3M0.36%−16,110−11.1%Reduced
Parnassus Investments130,564$25.6M0.06%−3,583−2.7%Reduced
Capital International Inc134,755$26.4M0.26%+28,872+27.3%Added
Jane Street Group, LLC140,762$27.6M0.04%−508,895−78.3%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH141,691$27.7M0.05%−4,843−3.3%Reduced
Danske Bank A/S142,934$28.0M0.07%+15,504+12.2%Added
APG Asset Management N.V.169,000$28.2M0.08%−6,071−3.5%Reduced
Treasurer of the State of North Carolina144,152$28.2M0.09%+4,796+3.4%Added
Hartline Investment Corp146,455$28.7M3.26%−14,001−8.7%Reduced
Mizuho Markets Americas LLC153,028$30.0M0.99%−105,030−40.7%Reduced
Capital International Ltd153,166$30.0M1.15%+28,793+23.2%Added
New York State Common Retirement Fund155,528$30.5M0.04%+5,000+3.3%Added
Barclays PLC156,210$30.6M0.01%−64,405−29.2%Reduced
Reynders McVeigh Capital Management, LLC156,878$30.7M1.53%−1,004−0.6%Reduced
Handelsbanken Fonder AB158,659$31.1M0.11%+25,958+19.6%Added
Storebrand Asset Management AS159,956$31.3M0.09%+11,880+8.0%Added
State of Wisconsin Investment Board164,813$32.3M0.08%−7,322−4.3%Reduced
12 West Capital Management LP165,000$32.3M3.42%00.0%Unchanged
Royal London Asset Management Ltd167,775$32.9M0.07%+7,397+4.6%Added
Standard Life Aberdeen plc169,703$33.2M0.06%+9,977+6.2%Added
HSBC Holdings PLC170,931$33.5M0.02%−18,622−9.8%Reduced
LPL Financial LLC178,009$34.9M0.01%+36,269+25.6%Added
Carnegie Capital Asset Management, LLC178,318$34.9M0.70%−9,055−4.8%Reduced
Russell Investments Group, Ltd.183,891$36.0M0.05%−44,708−19.6%Reduced
Bank of Montreal189,348$37.1M0.02%+21,428+12.8%Added
Korea Investment CORP195,639$38.3M0.09%−37,517−16.1%Reduced
Jennison Associates LLC196,750$38.5M0.02%+196,750New
Pinebridge Investments, L.P.198,284$38.8M0.31%−39,762−16.7%Reduced
Blair William & Co201,229$39.4M0.11%+180,604+875.7%Added
Schroder Investment Management Group202,044$39.6M0.03%−6,857−3.3%Reduced
ARK Investment Management LLCSuperinvestorARK Invest204,306$40.0M0.29%−14,832−6.8%Reduced
Canada Pension Plan Investment Board206,420$40.4M0.03%+817+0.4%Added
Kames Capital plc216,081$42.3M0.54%−23,782−9.9%Reduced
Asset Management One Co.,Ltd.224,317$43.9M0.14%+4,210+1.9%Added
Teachers Retirement System of the State of Kentucky227,816$44.6M0.36%−17,465−7.1%Reduced
Whittier Trust Co228,664$44.8M0.54%+228,062+37,884.1%Added
Alliancebernstein L.P.230,709$45.2M0.01%−38,565−14.3%Reduced
Aviva PLC230,812$45.2M0.09%+128,553+125.7%Added
Wim Investment Management Ltd237,249$46.5M15.44%00.0%Unchanged
Capital International Sarl242,036$47.4M0.91%+53,175+28.2%Added
D. E. Shaw & Co., Inc.247,726$48.5M0.05%+242,281+4,449.6%Added
Linden Advisors LP248,523$48.7M0.30%+248,523New
Qube Research & Technologies Ltd254,751$49.9M0.07%−1,015,797−79.9%Reduced
Ensign Peak Advisors, Inc255,252$50.0M0.09%−65,465−20.4%Reduced
AXA S.A.259,364$50.8M0.15%+193,581+294.3%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.269,988$52.9M0.04%+23,127+9.4%Added
Frontier Capital Management Co LLC272,738$53.4M0.49%+268,867+6,945.7%Added
Los Angeles Capital Management LLC272,939$53.4M0.20%+75,476+38.2%Added
Squarepoint Ops LLC279,446$54.7M0.12%−534,465−65.7%Reduced
Allspring Global Investments Holdings, LLC312,292$57.8M0.10%−32,665−9.5%Reduced
State Board of Administration of Florida Retirement System298,751$58.5M0.10%+5,303+1.8%Added
Principal Financial Group Inc300,021$58.8M0.03%+234,408+357.3%Added
NZS Capital, LLC300,505$58.8M2.00%+1,109+0.4%Added
Select Equity Group, L.P.303,250$59.4M0.25%−339,893−52.8%Reduced
Whetstone Capital Advisors, LLC315,685$61.8M17.47%−1,275−0.4%Reduced
Citigroup Inc316,760$62.0M0.04%+139,938+79.1%Added
Envestnet Asset Management Inc322,600$63.2M0.02%+119,150+58.6%Added
SEI Investments Co329,036$64.4M0.07%+38,776+13.4%Added
Great West Life Assurance Co350,869$68.7M0.11%+6,478+1.9%Added
Parallax Volatility Advisers, L.P.360,365$68.9M2.76%+102,036+39.5%Added
Wells Fargo & Company363,220$71.1M0.02%+102,423+39.3%Added
Dimensional Fund Advisors LP374,397$73.3M0.02%−8,920−2.3%Reduced
Alfreton Capital LLP400,000$78.3M22.73%−30,000−7.0%Reduced
Rhumbline Advisers406,408$79.6M0.07%+4,562+1.1%Added
Victory Capital Management Inc430,334$84.1M0.05%+351,875+448.5%Added
Congress Asset Management Co430,400$84.3M0.58%+430,400New
Marshall Wace, LLP433,052$84.8M0.10%−150,507−25.8%Reduced
Westfield Capital Management Co LP448,696$87.9M0.37%+448,696New
AQR Capital Management LLC461,051$90.0M0.07%+118,234+34.5%Added
Bessemer Group Inc460,702$90.2M0.15%−137,378−23.0%Reduced
Allen Investment Management LLC468,127$91.7M1.00%+16,178+3.6%Added
California State Teachers Retirement System475,075$93.0M0.10%+10,262+2.2%Added
AustralianSuper Pty Ltd490,057$96.0M0.49%+471,549+2,547.8%Added
California Public Employees Retirement System506,043$99.1M0.06%+38,876+8.3%Added
Bamco Inc506,473$99.2M0.27%−328,409−39.3%Reduced
Federated Hermes, Inc.527,134$103.2M0.19%+336,679+176.8%Added
CIBC Private Wealth Group, LLC538,042$105.4M0.19%+396,825+281.0%Added
Neuberger Berman Group LLC538,186$105.4M0.08%+386,654+255.2%Added
Kayne Anderson Rudnick Investment Management LLC546,584$107.0M0.26%−57,661−9.5%Reduced
Citadel Advisors LLC560,007$109.7M0.10%+93,867+20.1%Added
Ameriprise Financial Inc576,561$112.9M0.03%−39,590−6.4%Reduced
Peregrine Capital Management LLC601,753$117.8M3.55%−35,074−5.5%Reduced
National Pension Service612,723$120.0M0.10%+187,550+44.1%Added
Nikko Asset Management Americas, Inc.624,479$122.2M1.22%−105,333−14.4%Reduced
Nuveen, LLC652,130$127.7M0.04%−130,577−16.7%Reduced
Massachusetts Financial Services Co663,648$130.0M0.04%+344,943+108.2%Added