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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
Kames Capital plc216,081$42.3M0.54%−23,782−9.9%Reduced
Canada Pension Plan Investment Board206,420$40.4M0.03%+817+0.4%Added
ARK Investment Management LLCSuperinvestorARK Invest204,306$40.0M0.29%−14,832−6.8%Reduced
Schroder Investment Management Group202,044$39.6M0.03%−6,857−3.3%Reduced
Blair William & Co201,229$39.4M0.11%+180,604+875.7%Added
Pinebridge Investments, L.P.198,284$38.8M0.31%−39,762−16.7%Reduced
Jennison Associates LLC196,750$38.5M0.02%+196,750New
Korea Investment CORP195,639$38.3M0.09%−37,517−16.1%Reduced
Bank of Montreal189,348$37.1M0.02%+21,428+12.8%Added
Russell Investments Group, Ltd.183,891$36.0M0.05%−44,708−19.6%Reduced
Carnegie Capital Asset Management, LLC178,318$34.9M0.70%−9,055−4.8%Reduced
LPL Financial LLC178,009$34.9M0.01%+36,269+25.6%Added
HSBC Holdings PLC170,931$33.5M0.02%−18,622−9.8%Reduced
Standard Life Aberdeen plc169,703$33.2M0.06%+9,977+6.2%Added
Royal London Asset Management Ltd167,775$32.9M0.07%+7,397+4.6%Added
12 West Capital Management LP165,000$32.3M3.42%00.0%Unchanged
State of Wisconsin Investment Board164,813$32.3M0.08%−7,322−4.3%Reduced
Storebrand Asset Management AS159,956$31.3M0.09%+11,880+8.0%Added
Handelsbanken Fonder AB158,659$31.1M0.11%+25,958+19.6%Added
Reynders McVeigh Capital Management, LLC156,878$30.7M1.53%−1,004−0.6%Reduced
Barclays PLC156,210$30.6M0.01%−64,405−29.2%Reduced
New York State Common Retirement Fund155,528$30.5M0.04%+5,000+3.3%Added
Capital International Ltd153,166$30.0M1.15%+28,793+23.2%Added
Mizuho Markets Americas LLC153,028$30.0M0.99%−105,030−40.7%Reduced
Hartline Investment Corp146,455$28.7M3.26%−14,001−8.7%Reduced
Treasurer of the State of North Carolina144,152$28.2M0.09%+4,796+3.4%Added
APG Asset Management N.V.169,000$28.2M0.08%−6,071−3.5%Reduced
Danske Bank A/S142,934$28.0M0.07%+15,504+12.2%Added
Universal- Beteiligungs- und Servicegesellschaft mbH141,691$27.7M0.05%−4,843−3.3%Reduced
Jane Street Group, LLC140,762$27.6M0.04%−508,895−78.3%Reduced
Capital International Inc134,755$26.4M0.26%+28,872+27.3%Added
Parnassus Investments130,564$25.6M0.06%−3,583−2.7%Reduced
Picton Mahoney Asset Management129,395$25.3M0.36%−16,110−11.1%Reduced
Acadian Asset Management LLC127,677$25.0M0.05%+115,225+925.4%Added
BNP Paribas Arbitrage, SA126,387$24.8M0.02%−7,774−5.8%Reduced
Public Employees Retirement System of Ohio119,814$23.5M0.08%+26,039+27.8%Added
Forte Capital LLC118,334$23.2M2.49%−9,591−7.5%Reduced
Mariner, LLC118,034$23.1M0.03%+6,163+5.5%Added
Liontrust Investment Partners LLP117,475$23.0M0.33%+50,763+76.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)117,415$23.0M0.06%+36,036+44.3%Added
Mn Services Vermogensbeheer B.V.115,400$22.6M0.16%+8,300+7.7%Added
Nomura Asset Management Co Ltd113,961$22.3M0.06%+10,947+10.6%Added
Erste Asset Management GmbH113,118$22.1M0.19%+2,168+2.0%Added
RPG Investment Advisory, LLC112,342$22.0M2.74%−184,520−62.2%Reduced
KLP Kapitalforvaltning AS112,300$22.0M0.09%+2,000+1.8%Added
Glynn Capital Management LLC106,866$20.9M4.71%−50,043−31.9%Reduced
State of New Jersey Common Pension Fund D103,964$20.4M0.08%+862+0.8%Added
Berkshire Capital Holdings Inc102,230$20.0M7.00%−9,390−8.4%Reduced
Resona Asset Management Co.,Ltd.101,918$19.9M0.10%+5,507+5.7%Added
Grandeur Peak Global Advisors, LLC101,514$19.9M2.40%−14,012−12.1%Reduced
Agf Management Ltd99,919$19.6M0.09%+99,919New
Whittier Trust Co of Nevada Inc99,861$19.6M0.44%+97,537+4,196.9%Added
RMB Capital Management, LLC98,561$19.3M0.37%−3,490−3.4%Reduced
Lansforsakringar Fondforvaltning AB (publ)96,063$18.8M0.11%−4,087−4.1%Reduced
Baker Chad R95,900$18.8M3.49%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.95,308$18.7M0.06%+3,028+3.3%Added
Cetera Investment Advisers92,239$18.1M0.03%+13,142+16.6%Added
Arizona State Retirement System90,241$17.7M0.10%+1,833+2.1%Added
Tiaa Trust, National Association85,537$16.8M0.04%+83,252+3,643.4%Added
HighTower Advisors, LLC85,296$16.7M0.02%+4,735+5.9%Added
Truist Financial Corp84,990$16.6M0.02%+13,442+18.8%Added
Walleye Trading LLC84,221$16.5M0.40%+33,248+65.2%Added
Susquehanna Advisors Group, Inc.81,790$16.0M0.64%+81,790New
Long Walk Management LP81,765$16.0M4.05%−56,085−40.7%Reduced
Stifel Financial Corp81,230$15.9M0.02%+27,273+50.5%Added
Rockefeller Capital Management L.P.81,074$15.9M0.03%+24,649+43.7%Added
Sentinel Trust Co Lba80,718$15.8M1.72%00.0%Unchanged
Susquehanna International Group, LLP78,510$15.4M0.02%−95,992−55.0%Reduced
Ci Investments Inc.77,643$15.2M0.06%+39,126+101.6%Added
TD Asset Management Inc76,840$15.0M0.01%−4,648−5.7%Reduced
Vontobel Holding Ltd.76,500$15.0M0.05%−32,460−29.8%Reduced
Fiera Capital Corp76,184$14.9M0.05%+76,184New
Avalon Global Asset Management LLC75,400$14.8M4.16%−5,000−6.2%Reduced
Private Advisory Group LLC70,685$13.8M1.30%+32,458+84.9%Added
Atika Capital Management LLC68,801$13.5M1.41%+32,801+91.1%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund67,128$13.1M0.12%+4,700+7.5%Added
Silvant Capital Management LLC66,666$13.1M0.49%+47,339+244.9%Added
Skandinaviska Enskilda Banken AB (publ)64,943$12.7M0.06%+2,599+4.2%Added
Group One Trading, L.P.64,583$12.6M0.41%+58,776+1,012.2%Added
Manchester Global Management (UK) Ltd64,000$12.5M1.81%+64,000New
Captrust Financial Advisors63,625$12.5M0.03%+7,922+14.2%Added
DnB Asset Management AS63,343$12.4M0.05%+10,899+20.8%Added
Forsta Ap-Fonden63,200$12.4M0.08%+1,900+3.1%Added
Ilmarinen Mutual Pension Insurance Co63,000$12.3M0.10%+13,000+26.0%Added
QRG Capital Management, Inc.61,189$12.0M0.10%−3,962−6.1%Reduced
Xponance, Inc.60,996$11.9M0.10%+3,087+5.3%Added
Commonwealth Equity Services, LLC60,893$11.9M0.02%+1,076+1.8%Added
Employees Retirement System of Texas60,003$11.8M0.10%+2,521+4.4%Added
Creative Planning59,061$11.6M0.01%+13,793+30.5%Added
MML Investors Services, LLC58,991$11.6M0.03%+25,802+77.7%Added
Alyeska Investment Group, L.P.58,891$11.5M0.04%+58,891New
Oak Ridge Investments LLC58,718$11.5M0.82%+1,681+2.9%Added
IFM Investors Pty Ltd58,716$11.5M0.11%+2,538+4.5%Added
LGT Group Foundation58,654$11.5M0.14%−3,122−5.1%Reduced
Advisor Group Holdings, Inc.58,914$11.4M0.02%+31,870+117.8%Added
Quantinno Capital Management LP57,252$11.2M0.05%+8,930+18.5%Added
Candriam Luxembourg S.C.A.56,702$11.1M0.06%−11,273−16.6%Reduced
Man Group plc56,669$11.1M0.02%−301,832−84.2%Reduced
Toronto Dominion Bank56,095$11.0M0.02%+10,147+22.1%Added
AIA Group Ltd55,756$10.9M0.24%+12,802+29.8%Added