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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, Q3 2025

Institutional positions in Cloudflare, Inc. as of Sep 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
1,039
+106 vs. Q2 2025
Shares held
276.0M
+1.39M (+0.5%) vs. Q2 2025
Total value
$59.1B
+$5.40B (+10.0%) vs. Q2 2025
New holders
176
407 more added
Sold out
70
320 more reduced

14 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 1,039 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 heldQ3 2025: $59.1B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Cloudflare, Inc.; share changes are against Q2 2025.

Institutions holding NET in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Liontrust Investment Partners LLP116,599$25.0M0.37%−876−0.7%Reduced
Mn Services Vermogensbeheer B.V.116,800$25.1M0.16%+1,400+1.2%Added
Bank of Nova Scotia116,996$25.1M0.04%+107,554+1,139.1%Added
Public Employees Retirement System of Ohio119,975$25.7M0.08%+161+0.1%Added
Parnassus Investments129,569$27.8M0.06%−995−0.8%Reduced
BNP Paribas Arbitrage, SA138,664$29.8M0.02%+12,277+9.7%Added
Treasurer of the State of North Carolina138,743$29.8M0.09%−5,409−3.8%Reduced
Capital International Inc142,650$30.6M0.24%+7,895+5.9%Added
National Bank of Canada144,218$30.9M0.03%+135,492+1,552.7%Added
Capital International Ltd146,721$31.5M1.14%−6,445−4.2%Reduced
APG Asset Management N.V.173,900$31.8M0.09%+4,900+2.9%Added
Reynders McVeigh Capital Management, LLC148,786$31.9M1.50%−8,092−5.2%Reduced
Hartline Investment Corp151,164$32.4M3.36%+4,709+3.2%Added
Carnegie Capital Asset Management, LLC153,033$32.8M0.62%−25,285−14.2%Reduced
New York State Common Retirement Fund155,328$33.3M0.04%−200−0.1%Reduced
Korea Investment CORP156,728$33.6M0.07%−38,911−19.9%Reduced
Royal London Asset Management Ltd157,180$33.7M0.07%−10,595−6.3%Reduced
Kames Capital plc157,488$33.8M0.40%−58,593−27.1%Reduced
State of Wisconsin Investment Board163,257$35.0M0.08%−1,556−0.9%Reduced
12 West Capital Management LP165,000$35.4M3.67%00.0%Unchanged
Teachers Retirement System of the State of Kentucky167,939$36.0M0.27%−59,877−26.3%Reduced
Schroder Investment Management Group168,306$36.1M0.03%−33,738−16.7%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH170,186$36.5M0.06%+28,495+20.1%Added
Standard Life Aberdeen plc174,501$38.1M0.06%+4,798+2.8%Added
Los Angeles Capital Management LLC178,974$38.4M0.13%−93,965−34.4%Reduced
Alfreton Capital LLP180,000$38.6M16.69%−220,000−55.0%Reduced
Russell Investments Group, Ltd.182,481$39.2M0.04%−1,410−0.8%Reduced
Woodline Partners LP183,206$39.3M0.19%+166,552+1,000.1%Added
Barclays PLC184,901$39.7M0.01%+28,691+18.4%Added
Bank of Montreal192,219$41.2M0.02%+2,871+1.5%Added
Danske Bank A/S199,339$42.8M0.11%+56,405+39.5%Added
Blair William & Co202,134$43.4M0.12%+905+0.4%Added
Mizuho Markets Americas LLC202,716$43.5M0.92%+49,688+32.5%Added
LPL Financial LLC202,777$43.5M0.01%+24,768+13.9%Added
Rakuten Investment Management, Inc.646,163$43.8M0.17%+646,163New
Jennison Associates LLC206,468$44.3M0.03%+9,718+4.9%Added
Handelsbanken Fonder AB206,859$44.4M0.14%+48,200+30.4%Added
Ensign Peak Advisors, Inc214,432$46.0M0.08%−40,820−16.0%Reduced
Asset Management One Co.,Ltd.219,542$47.1M0.14%−4,775−2.1%Reduced
ARK Investment Management LLCSuperinvestorARK Invest222,318$47.7M0.28%+18,012+8.8%Added
Principal Financial Group Inc223,236$47.9M0.02%−76,785−25.6%Reduced
Pinebridge Investments, L.P.226,099$48.5M0.36%+27,815+14.0%Added
Wim Investment Management Ltd227,749$48.9M12.43%−9,500−4.0%Reduced
Whittier Trust Co238,561$51.7M0.59%+9,897+4.3%Added
Storebrand Asset Management AS242,676$52.1M0.14%+82,720+51.7%Added
Aviva PLC244,906$52.6M0.10%+14,094+6.1%Added
Capital International Sarl245,763$52.7M0.91%+3,727+1.5%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main248,164$53.3M0.05%+245,353+8,728.3%Added
SEI Investments Co260,313$55.9M0.06%−68,723−20.9%Reduced
Alliancebernstein L.P.269,538$57.8M0.02%+38,829+16.8%Added
Balyasny Asset Management LLC270,130$58.0M0.12%+254,316+1,608.2%Added
State Board of Administration of Florida Retirement System284,516$61.1M0.11%−14,235−4.8%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.292,100$62.7M0.05%+22,112+8.2%Added
HSBC Holdings PLC294,848$63.0M0.04%+123,917+72.5%Added
AXA Investment Managers S.A.296,401$63.6M0.17%+296,401New
Envestnet Asset Management Inc298,371$64.0M0.02%−24,229−7.5%Reduced
Frontier Capital Management Co LLC305,974$65.7M0.59%+33,236+12.2%Added
Allspring Global Investments Holdings, LLC304,691$66.1M0.11%−7,601−2.4%Reduced
Whetstone Capital Advisors, LLC311,185$66.8M18.49%−4,500−1.4%Reduced
Select Equity Group, L.P.323,725$69.5M0.30%+20,475+6.8%Added
Dimensional Fund Advisors LP327,097$70.2M0.02%−47,300−12.6%Reduced
Renaissance Technologies LLC328,500$70.5M0.09%+273,900+501.6%Added
Citadel Advisors LLC358,785$77.0M0.06%−201,222−35.9%Reduced
Great West Life Assurance Co359,094$78.5M0.11%+8,225+2.3%Added
Parallax Volatility Advisers, L.P.368,380$79.1M2.33%+8,015+2.2%Added
Bessemer Group Inc375,021$80.5M0.12%−85,681−18.6%Reduced
Nomura Asset Management Co Ltd394,193$84.6M0.22%+280,232+245.9%Added
Rhumbline Advisers399,268$85.7M0.07%−7,140−1.8%Reduced
Congress Asset Management Co401,768$86.2M0.57%−28,632−6.7%Reduced
Credit Agricole S A411,208$88.2M0.29%+411,208New
Victory Capital Management Inc414,700$89.0M0.06%−15,634−3.6%Reduced
Qube Research & Technologies Ltd415,394$89.1M0.13%+160,643+63.1%Added
Fred Alger Management, LLC436,635$93.7M0.36%−429,162−49.6%Reduced
Arrowstreet Capital, Limited Partnership451,949$97.0M0.06%−394,492−46.6%Reduced
Bamco Inc454,234$97.5M0.26%−52,239−10.3%Reduced
Peregrine Capital Management LLC477,838$102.5M3.09%−123,915−20.6%Reduced
California State Teachers Retirement System480,259$103.1M0.11%+5,184+1.1%Added
Westfield Capital Management Co LP480,850$103.2M0.43%+32,154+7.2%Added
Kayne Anderson Rudnick Investment Management LLC502,778$107.9M0.26%−43,806−8.0%Reduced
AustralianSuper Pty Ltd515,032$110.5M0.52%+24,975+5.1%Added
California Public Employees Retirement System520,870$111.8M0.07%+14,827+2.9%Added
Allen Investment Management LLC526,335$112.9M1.25%+58,208+12.4%Added
Marshall Wace, LLP526,781$113.0M0.12%+93,729+21.6%Added
Nikko Asset Management Americas, Inc.527,301$113.1M1.10%−97,178−15.6%Reduced
AQR Capital Management LLC563,248$120.9M0.08%+102,197+22.2%Added
CIBC Private Wealth Group, LLC579,137$124.3M0.21%+41,095+7.6%Added
Neuberger Berman Group LLC582,585$125.0M0.09%+44,399+8.2%Added
Ameriprise Financial Inc596,250$127.9M0.03%+19,689+3.4%Added
National Pension Service618,662$132.8M0.10%+5,939+1.0%Added
Mitsubishi UFJ Trust & Banking Corp635,025$136.3M0.30%−44,375−6.5%Reduced
Penserra Capital Management LLC674,821$144.8M1.73%−73,286−9.8%Reduced
Nuveen, LLC712,103$152.8M0.04%+59,973+9.2%Added
Artisan Partners Limited Partnership715,058$153.4M0.22%−58,134−7.5%Reduced
Amundi728,355$161.0M0.05%−175,676−19.4%Reduced
Wells Fargo & Company753,757$161.7M0.03%+390,537+107.5%Added
Citigroup Inc766,979$164.6M0.11%+450,219+142.1%Added
KBC Group NV819,766$175.9M0.42%+83,613+11.4%Added
Federated Hermes, Inc.862,009$185.0M0.33%+334,875+63.5%Added
Macquarie Group Ltd866,377$185.9M0.22%−55,634−6.0%Reduced
Swiss National Bank895,200$192.1M0.11%−39,400−4.2%Reduced